Full text of Survey of Current Business : November 1953
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NOVEMBER
U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
1953
SURVEY
OF CURRENT
BUSINESS
DEPARTMENT OF COMMERCE
FIELD SERVICE
Albuquerque, N. Mex,
JVo.il
204 S. 10th St.
NOVEMBER 1953
Atlanta 3, Ga.
86 Forsyth St, NW,
Boston 9, Mass.
Loa Angeles 15, Calif.
112 West 9th St,
Memphis 3, Tenn.
229 Federal Bldf.
Miami 32. Fla.
261 Franklin St.
Buffalo 3, N. Y.
117 Ellicott Stj
Charleston 4, S. C.
Area 2.
Sergeant Jasper Bldg.
36 NE. First St.
Minneapolis 2, Minn.
607
Marquette Are,
New Orleans 12, La.
333 St. Charles Are,
PAGE
THE BUSINESS SITUATION
......
. . . .
Review of National Income and Product in
t h e Third Quarter
.....
. . . . . , «
Recent Construction Trends - . . ' . ' . . . . .
Metal Supplies a n d Prices . . . , . « . , . ,
1
2
6
9
Cheyenne, Wyo.
307 Federal Office Bldf,
Chicago 1, III.
221 N. LaSalle St.
_. .
. ^ __ .
Cincinnati 2, Ohio
755 U. S. Post Office
and Custom House
CleTelandl4,Ohio
orfc 13 N
' « Y'
°advray
346 Br
Philadelphia 7, Pa.
1015
Ch681™1 St*
Phoenix, Ariz.
1 37 AT c
iA
137 N. Second Ave.
Pittsburgh 22, Pa.
717 Liberty A™,
925 Euclid Art,
Portland 4. Oreg.
SPECIAL ARTICLE
Investment in Production Equipment,
1929-52 . . . . . . . . . . . . . . . . . . 1 1
Dallas 2, Tex.
1114 Commerce Sti
Denver 2, Colo.
142 New Custom HOOM
520 SW. Morrison Sti
Reno. NOT.
1479 Wells AT*
Richmond, Va.
400 East Main St.
Detroit 26, Mich.
230 W. Fort St*
St. Louis 1, Mo.
1114 Market St{
MONTHLY BUSINESS STATISTICS . . S-l to S-40
Statistical Index . . . . . . . . Inside back cover
El Paso, Tex.
Chamber of Commerce
Bldg.
Houston, Tex.
430 Lamar St.
JacksonTille 1. Fla.
311 W. Monroe St4
Kansas City 6, Mo.
Published by the U, S. Department of Commerce, SINCLAIR WEEKS,
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For local telephone listing, consult section
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NOVEMBER 1953
uauon
By the Office of Business Economics
Bus
JSINESS continued active in the opening weeks of the
fall season, with the major economic sectors showing relatively small changes. Production schedules in a number of
industries were trimmed to restrain inventory growth. The
business picture continued to encompass mixed trends, however, and some industries were showing a firmer tone. Retail sales in October held at the September rate, following
small reductions on a seasonally adjusted basis in the previous two months. Steel operations at 95 percent of capacity
averaged above the reduced summer rate.
These developments were accompanied by some layoffs of
workers though not on a widespread scale, and unemployment remained at its postwar low. Although in many manufacturing industries the usual seasonal expansion of employment did not materialize, in large part the moderate curtailment of manufacturing production has been brought about
by a reduction in the workweek.
The value of total new construction put in place in October
was above any preceding October and, on a seasonally adjusted basis, also above the third quarter rate. Commer-
cial, educational, and religious building rose contraseasonally
in October. State and local government construction for
highways, schools, and other public works declined less than
usual. Other major categories of construction approximated
the usual seasonal movement.
Recent business trends are summed up in the income and
product data presented in a following section of this issue.
These reflect the continuation of a high level of activity in
the third quarter, which was marked by a slightly higher
dollar amount of final purchases, but a slackened rate of
inventory accumulation from the rate of the second quarter.
Personal income was up for the quarter by $2 billion to a seasonally adjusted annual rate of $286% billion, but drifted
slightly lower during the quarter as the movement of wage
payments in manufacturing industries reflected the reduction
in man-hours worked.
September seasonally adjusted sales of nondurable goods
producers were fractionally higher than in August, but shipments by durable goods makers were down about 4 percent.
The September decline affected 8 of the 11 major durable
Business Trends
PERSONAL INCOME*
325
RETAIL SALES*
225
ANNUAL RATE
$ 300 -
|
^-s*S
$250
1
—
Q
0
^
1
1
!
1
1 1
1
1 1
1 1 1 1 1
1
I
L Ji i
10
I
Nr
§
'
»
-
4
-
^ NONDURABLE
1 1 1 1 1 I1 1 1 1 111 M 1 1 1 1 1 1 11
1952
0
^j 2 J^k
$
1953
V/X/^^^
-
, , , , , , 1 , , , , , , , , ,, ,
t
SALES AND INVENTORIES*
«0
* 70
40
NONA GRICUL TURAL V
M 120
^.
l
> INVENTORIES
(BOOK VALUE, END OF MONTH)
—
J 100
•**
SAL£
J\^^
1 1 1 1 11 1 1 11 1 11 1 1 1 1f 1t 1 t 1
1952
1953
,
BASIC DATA, BUR. OF LABOR STAT.
§
~~~^-^*******^
1
WHOLESALE PRICES
140
~***^*^
^ 60 —
O
g 50
—
1
•^1
*X DURABLE
8 —
6
—
^x/N^ *^*^^
^
'50
MFG. AND TRADE
• •••.
^
- —
8O
*^^**V. ^^^^
<o
S
^^^
—
7
1 9K
LI
FED. RES. BOARD
-
3 -
175 —
MANUFACTURING EMPLOYMENT*
12
CENSUS BUREAU
0
_^~^~*
J^*^
275 —
225
ANNUAL RATE
5 200 -
O
Q
UNEMPLOYMENT
4
1"
fiO
>••
^hfc*^*^Sk*SlVtw*^l>r
-
y
*"*
-
""
AGRICULTURAL
1 l i1 1 1 l 1 1 1 l 1l il l i1 iii l i
1952
1953
* SEASONALLY ADJUSTED.
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
277063°— 53
1
53-ll8~l
SUBVEY OF CUEEENT BUSINESS
goods groups, and brought total durable goods sales by manufacturers back to the rate at the beginning of the year.
Manufacturers' inventories edged up by % billion dollars,
continuing the pattern of a declining rate of accumulation.
Net new orders received by manufacturers in September,
seasonally adjusted, held steady at the August level but were
12 percent below the high rate of the spring quarter. Manufacturers' shipments were down 6 percent from the same
period. Cancellations of defense contracts accentuated the
size of the drop in new orders, and contributed to the reduction of nearly 8 percent from July to September in unfilled
orders of durable goods producers, but the flow of new business was also off. Unfilled orders remaining are equal to 5
months of sales, and this large backlog is exerting an important stabilizing influence upon production and shipments.
Prices generally steady
Retail and wholesale price averages showed little change
during September and October as divergent movements
among component groups largely canceled out. At retail,
the consumer price index edged fractionally upward in
September as the 0.3-percent decline in food prices was more
than offset by advances in all other major groups.
The most consistent price behavior shown by items entering into the consumer price index has been the tendency for
rent and services to continue steadily upward, while commodity prices are on the average still a little below last year.
It should be noted, however, that rent and service prices
have risen considerably less than consumer commodity
prices from the prewar period.
In September, consumer commodity prices moved slightly
higher, largely because of a 1-percent rise from August in
apparel prices, as fall and winter clothing was priced for the
first time since the end of the previous winter season, and
smaller increases in fuel and housefurnishings prices. Although there has been a gradual upward movement since
last February, prices of consumer commodities in September
were still about 1 percent below those of September 1952
while rent was up 6 percent and other services up 4 percent.
In wholesale markets the price level, after a slight gain in
September, moved fractionally lower in October and early
November. The main feature of wholesale markets in this
period has been the steadiness of nonagricultural manufactured goods prices and the easing tendency of raw materials,
evidenced by a resumption of the decline of farm product
and food prices and of industrial raw materials. Prices
received by farmers were 2 percent lower on October 15 than
a month earlier. Prices of raw metals and textile fibers,
moving erratically, have averaged lower in recent weeks than
in September.
November 1953
Trend in employment
Employment gains in nonagricultural establishments from
July to September have been less than usual for this season
of the year, and employment is accordingly off a little on a
seasonally adjusted basis. September employment was|
nevertheless 0.7 million above September of last year. The"
easing from July was almost entirely confined to manufacturing industries. Compared with September a year ago,
however, factory employment was up and accounted for
500,000 of the 700,000 rise in the nonagricultural employment total. All other major industrial divisions were also
higher except for mining and contract construction. The
largest relative decline from a year ago occurred in mining
where the number on the payrolls was 62,000, or 7 percent
below September of 1952. This drop was all in coal mining
where output has been more or less steadily on the downgrade since the wartime peak. A smaller decline took place
in contract construction where employees on the payroll
were 4 percent fewer in September than a year earlier.
The durable goods manufacturing industries as a whole,
which had previously been showing the largest gains, experienced a larger seasonally adjusted decline in employment
from the June peak than the nondurables. The declines in
the durables were concentrated in the automobile, machinery
other than electrical, primary metals, and lumber and wood
products industries. Electrical machinery and ordnance
were relatively unchanged. All major durable goods industries except lumber were above September 1952.
Employment in the nondurable manufactures group has
also receded somewhat from the peak reached last spring,
on a seasonally adjusted basis. In five of these lines, the
number of employees on the payroll was slightly less than
in the corresponding month of 1952—namely, the food products, tobacco manufactures, textiles, apparel, and leather 1
products industries. The largest year-to-year gain tooft
place in paper and allied products.
Fewer hours worked
The trimming of production schedules has also been reflected in a moderate reduction since last spring in the manufacturing workweek, which BLS data show is now below
corresponding months of last year. In large measure this
has reflected a reduction in overtime work. The Bureau of
the Census reported that in early October the proportion of
manufacturing employees working more than 40 hours a
week was 22 percent compared to 25 percent in August, 27
percent in the January-March quarter and 29 percent in
October 1952.
Review of National Income and Product
. . . in the Third Quarter
PROI)DUCTION and incomes continued high in the third
quarter with only relatively small changes in most major
markets of the economy. In August and September some
income and product flows were below previous rates, but
these reductions were generally moderate and, with the
continued overall strength of demand, their effect on aggregate business activity was small.
The flow of personal income showed little change from the
second quarter, rising by an annual rate of $2 billion ta
$286% billion in the third. Although information on corporate earnings not distributed to individuals is not yet
available, it seems likely that national income, which measures national output-in terms of the incomes generated in
production, was well sustained.
SURVEY OF CURRENT BUSINESS
November 1953
Gross national product, which represents national output
in terms of the market value of goods and services produced,
was at a seasonally adjusted rate of $369 billion in the
third quarter, $3% billion below the preceding quarter, but
$7 billion above the $362 billion total of the opening quarter
of the year. The decline from the second to the third
quarter was due mainly to a reduced rate of inventory accumulation.
Composition of Gross National Product
BILLIONS OF DOLLARS
500
GROSS NATIONAL
PRODUCT
400
N.
CHANGE IN BUSINESS
INVENTORIES.
Demand for Gross National Product
Third quarter personal consumption expenditures maintained the high $231 billion annual rate of the preceding 3
months as the continued rise in consumer spending for services offset slight declines in outlays for durable and nondurable commodities. A moderate reduction in commodity
purchases within the quarter was indicated by the seasonally
adjusted monthly retail sales data, which were down about
2% percent in August and September from July.
J^S
GOVT. PURCHASES 8 NET
FOREIGN INVESTMENT
300
200
Consumer spending stable in aggregate
PERSONAL CONSUMPTION EXPENDITURES
100
I960
1951
1952
1953
QUARTERLY TOTALS, SEASONALLY ADJUSTED, AT ANNUAL RATES
U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
S3"H8~lf
As can be seen from the following table, final purchases
of gross national product, that is, gross national product
less inventory change, have shown less fluctuation than the
total since the beginning of last year. They increased
sharply in the two periods following the strike-affected
third quarter of 1952, less rapidly in the June 1953 quarter,
and showed only a slight further gain from the second to
the third quarter of this year.
[Billions of dollars at seasonally adjusted annual rates]
Final purchases
Total GNP Inventory
increase
Total
Private
Government
1952
First quarter
Second quarter
Third quarter
Fourth quarter
340.4
345. 1
345. 3
361. 1
1.5
.7
4. 2
8.5
338. 9
344. 4
341. 1
352. 6
264. 8
266. 7
263. 3
272.2
74. 1
77. 7
77. 8
80.4
362.0
372.4
369.0
2.9
8.8
4.5
359. 1
363. 6
364. 5
276. 7
280. 1
280. 9
82.4
83.5
83. 6
1953
First quarter
Second quarter
Third quarter
Both consumption and fixed investment contributed to the
rise of private final purchases over this period, and there was
also an expansion in Government purchases both for national
security and other purposes.
Weighing the evidence presented by both the income and
product flows and their composition, it appears that aggregate business activity changed little from the second quarter
to the third. However, some slackening in the rate of activity was perceptible during the course of the quarter.
Personal income decreased both in August and September,
due mainly to a reduction in manufacturing payrolls, but the
September income rate was less than 1 percent below July
and above any prior month.
Other measures covering significant sectors of economic
activity on a monthly basis, such as retail trade, residential
construction, and manufacturing sales and production,
showed somewhat similar patterns. On the other hand,
unemployment in September, at 1.2 million, was at its postwar low, and a further small decline was reported by the Census Bureau for October.
Consumer purchases of durable goods, at an annual rate
of $30% billion were fractionally below the second quarter,
due to a moderate reduction in automotive expenditures.
Although below the April-June period, third-quarter expenditures for automobiles and parts were at an annual rate of
almost $14 billion, higher than in any other prior period
except the unusual third quarter of 1950. These expenditures
have been the most dynamic element in the durables total
during the past several quarters. Since the first half of 1952
they have accounted for the bulk of the $3% billion (annual
rate) increase in total hard good purchases and have largely
governed their quarterly movement. Since shortages,
controls, and steel availability have greatly affected postwar
seasonal movements of automobile expenditures, the difficulties of correcting for normal seasonal variation should
be noted.
In contrast to the automotive group, consumer expenditures for other durables have been comparatively stable in
the aggregate over the past year and a half, fluctuating
within a range of $16 to $17 billion. This stability did not,
of course, extend to all of the component elements of this
large and heterogeneous body of hard goods, many of which
have displayed considerable diversity within this period.
Soft goods have followed a somewhat uneven course so far
this year. They remained unchanged in the opening quarter
(following the brisk rise in the Christmas quarter last year),
rose moderately in the April-June period, and dropped by
$1 billion in the third quarter to an annual rate of $121
billion. This movement contrasts with the successive
quarterly increases during 1952.
Most of the third-quarter change was attributable to the
sizable reduction in purchases of clothing and shoes which
were about 5 percent below the second-quarter seasonally
adjusted rate. The dollar value of food and beverages as
well as other nondurable goods purchases was sustained,
although physical volumes may have been reduced slightly
since there were further price increases.
SUEVEY OF CUREENT BUSINESS
November 1953
Table 1.—National Income and Product, 1952 and First Three Quarters, 1953
[Billions of dollars]
Unadjusted
1952
1952
Item
Seasonally adjusted at annual rates
1953
1952
1953
I
II
III
IV
I
II
III
I
II
III
IV
I
II
291.6
70.7
71.8
73.0
76.1
75.7
77.4
(2)
286.8
287.9
290.4
301.4
306.7
310.7
(2)
193.2
183.6
151.1
10.4
22.2
9.6
46.3
43.8
35.8
2.5
5.5
2.4
47.2
44.7
36.6
2.6
5.5
2.5
48.6
46.3
38.3
2.6
5.3
2.4
51.1
48.8
40.3
2.6
5.9
2.3
50.4
47.8
39.4
2.6
5.8
2.6
51.8
49.1
40.8
2.6
5.8
2.6
52.6
50.2
42.1
2.6
5.5
2.4
187.9
178.6
146.9
10.1
21.6
9.3
189.5
180.1
147.7
10.4
22.0
9.5
194.1
184.4
151.5
10.6
22.4
9.6
201.3
191.3
158.3
10.4
22.6
10.0
204.5
194.5
161.3
10.4
22.8
10.0
208.0
198.0
164.5
10.6
22.9
10.0
210.4
200.6
166.9
10.5
23.1
9.8
51.2
26.3
14.8
10.0
12.6
6.5
3.7
2.4
12.9
6.6
3.8
2.5
12.9
6.5
3.8
2.6
12.8
6.7
3.5
2.6
12.7
6.7
3.4
2.6
12.4
6.7
3.1
2.6
12.3
6.7
2.9
2.6
50.5
26.1
14.7
9.6
51.5
26.3
15.3
10.0
51.5
26.1
15.2
10.2
51.1
26.7
14.0
10.3
50.8
27.0
13.4
10.4
49.7
27.0
12.3
10.4
- 49.1
26.9
11.6
10.6
Corporate profits and inventory valuation adjustment-Corporate profits before tax
__
Corporate profits tax liability
Corporate profits after tax..
Inventory valuation adjustment
40.2
39.2
20.6
18.6
1.0
10.1
10.1
5.3
4.8
.1
10.0
9.6
5.1
4.5
.4
9.7
9.5
5.0
4.5
.2
10.4
10.0
5.2
4.8
.3
10.7
10.9
5.9
4.9
-.2
11.3
11.5
6.0
5.4
-.2
(2)
(22)
()
(2)
-.6
41.7
41.5
21.8
19.7
.2
39.9
38.2
20.1
18.0
1.7
37.7
37.0
19.4
17.5
.7
41.7
40.3
21.2
19.1
1.4
43.8
44.6
24.4
20.3
-.8
45.2
45.9
25.0
20.8
-.6
8( )
Net interest
Addendum: Compensation of general Government employees ._
_
7.0
1.7
1.7
1.8
1.8
1.9
1.9
2.0
6.7
6.9
7.1
30.9
7.6
7.7
7.5
8.0
8.0
8.0
7.6
30.1
30.8
31.3
31.5
31.5
31.9
31.8
348.0
83.4
84.4
85.4
94.7
89.2
90.8
91.3
340.4
345.1
345.3
361.1
362.0
372.4
369.0
218.1
26.7
118.8
72.7
50.7
5.7
27.2
17.8
53.7
6.6
29.0
18.1
53.0
6.2
28.7
18.1
60.7
8.2
33.8
18.7
54.3
6.7
28.3
19.3
56.9
7.5
29.9
19.5
56.3
7.4
29.3
19.6
213.7
26.0
117.2
70.5
217.2
27.4
118.0
71.8
217.2
25.1
118.7
73.3
224.4
28.2
121.1
75.1
227.7
30.2
121.2
76.3
230.4
30.7
122.1
77.6
231.0
30.4
121.3
79.2
52.5
23.4
11.1
12.3
25.4
3.7
3.1
14.0
4.9
2.2
2.8
6.2
2.9
2.7
11.1
5.8
2.8
3.1
6.9
-1.7
-1.9
13.4
6.5
3.1
3.4
5.8
1.1
1.0
14.0
6.1
3.0
3. 1
6.5
1.4
1.3
15.3
5.3
2.4
2.8
6.3
3.7
3.7
13.5
6. 3
3.0
3.3
7.0
.2
.2
14.6
7.0
3.3
3.7
6.8
.7
.7
50.4
23.3
11.0
12.4
25.6
1.5
.6
49.6
23.4
11.0
12.4
25.6
.7
-.1
52.3
23.1
10.8
12.3
24.9
4.2
3.6
57.9
23.9
11.6
12.3
25.5
8.5
8.1
54.0
25.0
12.2
12.8
26.2
2.9
2.6
61.0
25.3
12.0
13.4
26.9
8.8
8.7
56.5
24.9
11.5
13.4
27. 1
4.5
4.4|
III
NATIONAL INCOME BY DISTRIBUTIVE SHAKES
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
Rental income of persons
__
-
__
_
_ _ _
2
(2)
-2.6
GROSS NATIONAL PRODUCT OR EXPENDITURE
Gross national product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
___
Gross private domestic investmentNew construction
Residential nonfarm
Other
Producers' durable equipment
Change in business inventories, total___
Nonfarm only _
__
Net foreign investment
-.2
.5
.1
-.6
9
-.5
-.6
-.7
2.1
.5
-2.0
-1.6
-2.1
-2.5
-2.1
Government purchases of goods and services
Federal
National security
National defense
.
"Other national security
Other
Less: Government sales. _
State arid local
77.5
54.2
48.9
46.5
2.4
5.8
.5
23.4
18.1
12.7
11.5
11.0
.6
1.3
.1
5.4
19.6
13.7
12.5
11.8
.7
1.3
.1
5.9
19.6
13.7
12.3
11.6
.7
1.5
.1
6.0
20.2
14.1
12.6
12.2
.5
1.6
.1
6.1
20.2
14.4
12.9
12.3
.6
1.6
.2
5.8
21.0
14.7
13.4
12.8
.6
1.5
.2
6.2
21.1
14.6
13.0
12.6
.4
1.7
.1
6.5
74.1
51.0
46.2
43.9
2.2
5.4
.5
23.1
77.7
54.7
49.8
47.1
2,7
5.4
.5
23.0
77.8
54.6
49.2
46.4
2.8
6.0
.6
23.2
80.4
56.4
50.5
48.6
1.9
6.3
.5
24.0
82.4
57.4
51.6
49.4
2.2
6.5
.7
24.9
83.5
58.9
53.5
51.3
2.3
6.0
24^6
83.6
58.4
52.1
50.4
1.7
6.8
.5
25.2
269.7
64.4
66.3
67.7
71.3
69.1
70.7
71.4
262.8
266.0
271.4
278.3
281.6
284.4
286.8
34.6
31.1
3. 6
12.3
11.2
1.0
7.3
6.4
.9
8.1
7.3
.8
7.0
6.2
.8
12.7
11.5
1.2
7.2
6.2
1.0
8.7
7.8
.9
34.2
30.7
3.4
34.3
30.8
3.5
34.8
31.2
3.6
35.3
31.6
3.7
36.2
32.3
3.8
36.7
32.8
3.9
37.0
33.1
3.9
235.0
218.1
16.9
52.1
50.7
1.4
59.0
53.7
5.3
59.6
53.0
6.6
64.3
60.7
3.6
56.4
54.3
2.1
63.5
56.9
6.6
62.6
56.3
6.3
228.7
213.7
15.0
231.7
217.2
14.5
236.6
217.2
19.4
243.0
224.4
18.6
245.4
227.7
17.7
247.7
230.4
17.2
249.8
231.0
18.8
348.0
83.4
84.4
85.4
94.7
89.2
90.8
91.3
340.4
345.1
345.3
361.1
362.0
372.4
369.0
27.0
28.1
.9
.5
.1
6.4
6.6
.2
-.5
.0
6.7
6.9
.2
-1.3
.1
6.7
7.2
.2
-1.7
.0
7.1
7.4
.2
3.9
.0
7.1
7.1
.2
-.8
.0
7.3
7.5
.2
-1.6
.0
7.4
7.6
.2
2
()
-.1
25.7
27.0
.9
.0
.1
26.9
28.0
.9
1.8
.4
28.2
28.9
.9
1.6
-.2
28.2
29.3
.9
-3.1
.0
29.2
30.1
.9
1.7
.2
29.6
30.0
.9
291.6
70.7
71.8
73.0
76.1
75.7
77.4
(2)
286.8
287.9
27.0
28.3
.9
-1.4
^
290.4
40.2
8.6
-.1
12.0
4.9
9.1
.9
10.1
2.5
.0
2.9
1.0
2.1
.2
10.0
2.2
.0
2.9
1.4
2.1
.2
9.7
2.1
-.1
3.0
1.1
2.1
.2
10.4
1.9
.0
3.1
1.4
2.8
.2
10.7
2.6
.0
3.2
1.1
2.2
.2
11.3
2.3
.0
3.2
1.3
2.2
.2
(2)
2.1
.0
3.1
1.1
2.2
.2
41.7
8.6
.1
11.5
4.9
9.1
.9
39.9
8.6
.0
11.7
4.9
9.1
.9
37.7
8.7
-.3
12.2
4.9
9.1
.9
41.7
8.8
.0
12.4
4.9
9.1
.9
43.8
9.0
.0
12.6
4.9
9.2
.9
45.2
9.0
.0
12.6
5.0
9.4
.9
(2)
8.8
.0
12.6
5.1
9.6
.9
269.7
64.4
66.3
67.7
71.3
69.1
70.7
71.4
262.8
266.0
271.4
278.3
281.6
284.4
286. g
____•_.
__. _
DISPOSITION OF PERSONAL INCOME
Personal income
Less: Personal tax and nontax payments
Federal
State and local
Equals: Disposable personal income
Less: Personal consumption expenditures
Equals: Personal saving
_
_ _.
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 enterprisesEquals: National income
Less: Corporate profits and inventory valuation adjustmentContributions for social insurance
Excess of wage accruals over disbursements
Plus: Government transfer payments
Net interest paid by Government
Dividends
Business transfer payments
Equals: Personal income
1. Detail will not necessarily add to totals because of rounding.
2. Not available.
301.4
306.7
3. Includes noncorporate inventory valuation adjustment.
Source: U. S. Department of Commerce, Office of Business Economics.
310.7
(2)
-.3
(2)
SURVEY OF CURRENT BUSINESS
November 1953
The advance in
$79 billion annual
previous quarters.
rise reflected price
consumer expenditures for services to a
rate was at the same pace as in the two
A considerable part of the third-quarter
increases, particularly in housing rentals.
Domestic fixed investment stable
Fixed capital outlays, at $52 billion, continued at approximately the second quarter rate.
Private nonfarm residential construction put in place in
the third quarter was about $% billion below the $12 billion
annual rate prevailing* in the first half of the year. The
seasonally adjusted monthly data indicate a fairly persistent,
though gradual, decline from the end of the first quarter to
the end of the third. This movement reversed the brisk rise
from January to March—when the open winter was unusually
favorable for construction activity—so that the level in
September was the same as at the start of the year. For the
9-month period as a whole housing construction was 9 percent
above the corresponding period of 1952.
The number of new units started this year has shown a
larger percentage drop than construction put in place. The
lesser decline in construction activity is attributable mainly
to its normal lag behind housing starts, which were very high
at the end of 1952.
The substantial increase in commercial construction following the lifting of credit and materials controls last fall continued in the September quarter and raised these expenditures
to a new high for the postwar period. Also at record rates
were public utility construction outlays which have exhibited
sustained growth since the end of World War II.
The further expansion of commercial building and public
utility outlays in the third quarter offset the declines in
private industrial and farm construction. Industrial plant
outlays have been edging downward since May and showed
a sizable dip in September. For the third quarter as a
whole, industrial building was running at about the same
rate as in the latter half of 1952. The decline in farm construction has continued for about a year although its influence in the third quarter was relatively small. Recent developments in construction are analyzed elsewhere in this
issue of the SURVEY.
Business expenditures for producers' durable equipment
continued at the record $27 billion annual rate in the third
quarter with further advances in purchases by mining companies and some of the nondurable goods manufacturers
offsetting small declines in other industries.
Additions to stocks of durables
In the movement of business inventories, it is evident that
the course of durable goods inventories has differed markedly
from that of nondurables.
The bulk of the advance in inventories since the strikeaffected third quarter of last year has been in durable goods.
Additions to durable goods inventories have reflected substantial replenishments that followed the widespread imbalances caused by the steel shortages as well as the subsequent
buildup in many hard good lines, such as automobiles, which
were carrying unusually low inventories in the earlier period
of production controls. More recently, some backing up of
stocks because of lower than expected sales also have been a
contributing factor, affecting particularly third quarter inventories in retail trade.
In spite of wide quarterly swings, nondurable goods inventories at all levels (manufacturing, wholesale and retail)
combined have displayed no general trend over the past
year. Total nondurable goods inventories in September
1953 were only slightly higher than they had been the year
before.
Movement of foreign balance
The net foreign balance during the past year has reflected
a moderate excess of imports over exports other than those
matched by net grants and gifts abroad. The excess registered in each quarter has varied between $1% billion and
$2% billion at seasonally adjusted annual rates, and so has
had no marked effect upon the movement of gross national
product.
The moderate shift in the third quarter was attributable
primarily to a decline in foreign aid. Both total exports and
imports of goods and services showed small declines which
were largely offsetting.
Total government purchases unchanged
Total Federal, State, and local government purchases of
goods and services maintained the $83% billion annual rate
of the preceding quarter. A moderate decline in national
security outlays was offset by increases in other Government
expenditures at both the Federal and State and local levels.
National security outlays were at an annual rate of $52 billion
in the third quarter.
Apart from the national security programs, Federal Government purchases were at an annual rate of nearly $7
billion, up by almost $1 billion at an annual rate from the
preceding quarter, due in large part to an increase in the farm
price support operations of the Commodity Credit Corporation. State and local government outlays for goods and
services have been running close to $25 billion this year, as
compared with $23% billion for the year 1952. Payrolls and
construction expenditures were the principal factors in this
advance.
The Flow of Income
Personal income for the third quarter as a whole rose by
$2 billion to $286% billion at annual rates, but drifted down
within the period. The September total was about the same
as the June figure and about $1% billion below the July rate of
$287% billion. The decline was confined mainly to manufacturing payrolls, with little change in the other components
of the income flow.
Changes in payrolls
Total payroll disbursements in private industry reached
an annual rate of $167 billion—up $2% billion from the second
quarter. This increase compared with average quarterly
advances of $3 billion during the first half of this year and
about $3% billion during 1952.
In marked contrast to the situation over the past several
quarters, almost all of the third-quarter increase in wages
and salaries occurred in the nonmanufacturing industries.
The distributive industries showed a larger rise than from
the first to the second quarter, and the steady quarterly
expansion of payrolls in the service industries was maintained. In both of these industries, however, monthly
payrolls within the third quarter showed little change.
The major part of the declining rate of advance in total
private payrolls since 1952 is attributable to manufacturing.
The rate of growth of factory payrolls has diminished
steadily since the unusually high fourth-quarter advance of
last year which reflected the rebound from the steel strike,
and virtually ceased in the third quarter.
Monthly data throw further light on recent developments
in manufacturing. In the durable goods group a small decline in payrolls in August became more marked in September, extending to most industries. The largest changes
6
SURVEY OF CURRENT BUSINESS
occurred in transportation equipment (primarily in the automotive component where it is difficult to assess the role of
seasonal factors), ordnance and primary metals, and the
machinery group. For durables as a whole these declines
offset most of the moderate payroll increase that had occurred during the preceding months of this year. Nondurable goods payrolls were off in September, principally in
apparel, textiles, and leather. Changes in the other industries were fractional.
The decline in factory payrolls in August stemmed mainly
from a moderate reduction in employment. The September
decline reflected the combined effect of a contraseasonal drop
in employment and a reduction in the length of the average
workweek.
The reduction in average weekly hours was widespread
industrially, and was more important than the employment
factor. An unusual concentration of holidays in the payroll
period for which the basic information is collected may,
however, have contributed to the reduction in hours.
Average hourly earnings, in contrast, continued their
gradual rise through the third quarter and moderated the
effects of the recent changes in employment and hours on
total wages.
Government wages and salaries continued at the secondquarter annual rate of $33/2 billion. A further advance in
State and local Government payrolls counterbalanced the
November 1953
decline in Federal wage payments. Higher pay rates and,
to a lesser extent, increased employment accounted for the
rise in State and local payrolls, while the Federal wage bill
primarily reflected a reduction in personnel.
Other income flows
Total proprietors' and rental income, at an annual rate of
$49 billion, was down by $% billion from the7 second quarter.
The change reflected a decline in farmers net income, as
nonfarm business and professional earnings remained stable,
and rental income continued to rise.
Recent trends in net and gross farm income were discussed
in the October issue of the SURVEY. Rental income of persons, which has continued to rise over the past year as controls were lifted in many communities, showed a larger
increase in the third quarter following the general removal
of Federal rent controls on July 31 in all except defense areas.
Although registering only fractional increments in each
quarter, corporate dividend payments have advanced by
approximately $% billion since the third quarter of last year.
Over the same period personal interest income has risen by
$1 billion to reach an annual rate of $13 billion in the September quarter. Together these two income shares, which
amount to over $22% billion, advanced by almost $% billion
from second to third quarters.
Recent Construction Trends
CONSTRUCTION activity is expected to set a record this
G
year. Work put in place in the ten months through October
was 7 percent above the same period of last year. However,
aggregate expenditures so far in the second half have been
about 4 percent below the first half annual rate of $35.4
billion if usual seasonal adjustments are applied; this may
partially reflect last year's open winter. For some types of
construction the intensity of demand has eased, although
activity in other major segments continues upward.
Plentiful supplies have permitted the almost unrestricted
use of materials, including steel, this year, in contrast to
1952 when Government limitations were still in effect.
Building materials prices, however, and wage rates for construction labor advanced through July. With lower lumber
prices, construction costs as measured by the Department
of Commerce composite index, stabilized in August and
September at a point 5 percent above the 1952 monthly
average.
Current construction trends in particular private sectors
reflect such special factors as the progress of defense programs and the reaction from last year's limitations on
materials use. As the chart suggests movements in major
components are divergent.
The construction phase of the facilities expansion program
is well advanced and industrial construction is running
below last year. On the other hand, programed capacity
increases have resulted in a rise in public utility outlays
during the year. Commercial construction has rebounded
sharply from the reduced volume permitted when the postKorean restrictions were in effect.
Nonfarm housebuilding activity continues high, though it
is down from the rate reached early this year. Declining
farm income has contributed to a reduction in farmers'
outlays for new construction.
The most buoyant area this year has been commercial
construction—comprising stores, restaurants, and garages,
and office buildings, lofts and warehouses. Within the year,
as may be seen by the chart, the movement in these expenditures has been steadily upward. Seasonally adjusted expenditures this October were almost one-third higher than
outlays in the first quarter. Activity on these types of
construction so far this year has been half again as large as
in the like period of 1952; expenditures for stores are up
two-thirds, and for the office building group, about two-fifths.
For the commercial group as a whole, the dollar value of
work put in place in 1953 is likely to be above any previous
year. In real terms 1953 volume appears as the highest
since 1930 with the exception of 1946, a year in which
inadequate price adjustments may have overstated the
physical volume of work put in place.
While demand has been strong, the magnitude of the
pickup over 1952 reflects to a considerable extent the
elimination of restrictions on the use of steel, copper and
aluminum, and the ending of credit restrictions under
Regulation X, which limited mortgages to 50 percent of the
value of commercial properties. With the easing and
elimination of controls expenditures have increased steadily
from their post-Korean low in the spring of 1952.
Store construction
Construction of stores, restaurants and garages in the
postwar period has experienced pronounced fluctuations
The large volume of 1946 reflected the rush to build new
stores and modernize existing properties following the
elimination of wartime restrictions in the latter part of 1945.
SUEVEY OF CURRENT BUSINESS
November 1953
It was also in 1946 that the peak occurred in the formation
of new retail and service concerns, with almost 350,000 new
businesses of this type begun. Activity fell off sharply in
1947 following the reimposition of limitations on the use
of scarce7 building materials, which was occasioned by the
Veterans Emergency Housing Program. Removal of con- trols led to another rise in 1948, followed by a decline in 1949,
recovery in 1950 and early 1951, and then the reductions
forced by the Korean period. While the magnitude of
current advances stems from the relaxation of these restrictions several considerations suggest considerable strength
underlies the demand for new store construction.
New Private Construction Activity
Nonresidential construction has been firm in
1953-residential has eased
MILLIONS OF DOLLARS
1,200
1,100
1,000
900
NONRESIDENTIAL
(INCL. PUB. UTIL a FARM)
800
100
I I I I I I II I I I I I I I I I i
Trends within nonresidential construction are
divergent-commercial and public utility strong
500
400
Office buildings and warehouses
PUBLIC UTILITY
300
INDUSTRIAL
200
100
COMMERCIAL*
I I I I I I I I I I I I l i I I I I I I l I I I I I I I I I l I I II
1951
1952
1953
SEASONALLY ADJUSTED
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
53-118-3
Experience in the interwar period indicates that store
construction has tended to follow residential building
activity, which has been and continues high. Much of
the postwar population growth and new household formation has been in new suburban areas, and the establishment
of shopping centers in these newly developed areas has been
a major stimulus to store construction.
Between 1940 and 1950 the number of dwelling units
in central cities of standard metropolitan areas increased
by 19 percent, as against a 44 percent increase in the outlying
parts of these areas, according to the Census of Housing.
And the Business Census reports a net decline from 1939
to 1948 of almost 4 percent in the number of stores in metropolitan areas with central cities of over 250,000 population.
This reduction was confined to the cities proper, which
showed a 9-percent decline while the number of establishments in the outlying areas increased 6 percent. Sales
in the central cities increased 177 percent over this period
as against a 226-percent rise in the other areas. This
pattern appeared in almost all of the areas analyzed. Continuation of the trend to the suburbs is indicated by data
on privately owned nonfarm housing starts in metropolitan
areas, which show an increasing proportion being built
outside of urban sections.
A further source of strength for store construction is the
marked changes in operating methods and, as a consequence,
in the types of stores required in some fields, notably food
retailing. Supermarkets built today are substantially larger
and costlier—in real terms—in comparison not only with
prewar food stores but also with supermarkets built in the
immediate postwar period. Moreover, remodeling and
modernization of many existing retail food stores—and other
stores as well—constitutes a strong aspect of current capital
demand.
If should also be noted that outlays for store construction
in recent years have been relatively low in comparison with
the period of sustained high economic activity of the twenties.
From 1925 to 1929, for example, store construction in 1947-49
prices averaged $1.4 billion per annum, in contrast to an
average of $0.8 billion for the 1946-52 period and an estimated $0.9 billion for 1953. Store construction is also low
in relation to residential construction activity. Outlays for
stores averaged 14 percent of new private housing outlays in
the twenties as against 10 percent in the 1946-52 period and
again this year.
The twenties may not, of course, provide a typical standard
of comparison for store construction; this was a period when
residential building was especially heavy and a major
development of outlying sections of large cities and suburbs
occurred.
The rise over 1952 in office buildings and warehouses,
though large, has been less pronounced than stores. Outlays
had fallen by almost one-fourth—on a seasonally adjusted
basis—from the first quarter of 1951 to the summer of 1952
as projects were subject to Government restrictions in the
post-Korean defense buildup. The 1951 high point was
exceeded, with controls lifted, by the first quarter of this
year. After leveling off in the second quarter, outlays rose
moderately in the third quarter and again in October (see
table).
It was not until this year that office building and warehouse construction exceeded the high 1929 dollar value. In
real terms, the physical volume of office building construction this year is about 10 percent lower than the annual
average from 1920 through 1929 and is little more than half
as large as the 1929 peak.
The lower physical volume today is due in part to classification differences. Prior to 1939 industrial warehouses were
classified in this commercial category; currently such structures are embraced under industrial construction. The
greater part of the difference, however, is genuine. Con-
SURVEY OF CURRENT BUSINESS
8
struction of new loft buildings, structures used in light
manufacturing in a few cities, is now uncommon. Moreover,
far fewer large office buildings and skyscrapers are being constructed despite a recent pickup. Such structures accounted
for a sizable proportion of commercial construction in this
category in the late twenties. Some of the functions of these
types of buildings are now embraced under other structure
types; office and warehousing space may be included to a
greater extent in industrial plants.
November
1953
Industrial construction outlays in 1953 have been just
slightly lower than in 1952 and above any other year, though
exceeded also in 1946 and 1929 in real terms. Easing tendencies have been evident since this spring, with the third
quarter about 10 percent below the first half rate after
seasonal adjustment. This pattern is consistent with the
passing of the peak of the construction phase of the defense
facilities expansion program in manufacturing. However,
total capital outlays of manufacturers, as reported in the
plant and equipment surveys of OBE-SEC, were rising
through the third quarter.
Table 2.—New Construction Activity
Residential construction eases
[Millions of dollars]
Seasonally adjusted at annual rate
Type of construction
1951
1953
1952
First Second
quarter quarter Q^or O^ber
30, 895
32, 638
35, 456
35, 360
34, 028
34, 272
21,564
21,812
23, 524
23, 980
23, 256
23, 196
Residential
10, 973
Nonresidential l
. ..
5,216
Industrial
2, 1 3 7
544
Warehouses, offices, and lofts....
827
Stores, garages, and restaurants
.
Other nonresidential l
1,728
11,100
5,099
2, 320
515
622
1,642
12, 208
5,612
2,412
660
896
1,644
12, 192
5,788
2, 436
648
924
1,780
11,460
5,792
2,180
724
1,088
1,800
11,292
5,916
2,052
864
1,188
1,812
1, 646
3,729
1,610
4.003
1, 536
4,168
1,496
4, 504
1, 452
4,552
1,428
4,560
9, 331
10,826
11,932
11,380
10, 772
11,076
595
3, 469
887
3, 234
1, 146
654
4, 119
1, 388
3,552
1,113
624
4,496
1,644
3,984
1,184
588
4, 392
1, 508
3, 724
1, 168
504
4,024
1,212
3, 932
1, 100
516
4,236
1,104
4, 116
1, 104
Total new construction
Total, private
Farm construction
Public utilities
Total, public
Residential
Nonresidential
M ilitary and naval
Highway and sewer
\11 other public
1. Includes "all other private construction."
Source: U. S. Department of Commerce, Business and Defense Services Administration.
Vacancy7 rates in large central city office buildings remain
low. Construction of new buildings is of growing importance
in the downtown sections of large cities in rapidly expanding
areas like the South, Southwest, and Far West, while other
large cities are also experiencing a revival of such construction. Furthermore, the trend of population has created
demand for office space in suburban areas—generally in
smaller buildings—to meet the needs of professional, financial,
and service enterprises. Finally it should be noted that
there has been a strong upward secular trend in the employment of persons requiring office space. Private nonfarm
employment of persons in clerical and kindred occupations
increased approximately 50 percent between 1940 and 1950,
a much larger rise, both relatively and absolutely, than
occurred in the thirties, or in the boom years of the twenties.
Public utility firm, industrial lower
Outlays by the utilities continue at a high rate. These
have risen steadily this year, and through October were
running some 10 percent above 1952. Each of the important
components of this group—power, communication, and transportation—have been above 1952 with the largest gains in
the electric utilities. Trade sources indicate that further
capacity increases in electric power will boost outlays in this
area during 1954.
Construction expenditures by the railroads have also been
at record postwar rates in 1953—some 10 percent higher in
the first 10 months than in the comparable 1952 period. The
rails have been cutting back equipment outlays—reflecting
primarily the near-completion of their diesel locomotive
programs.
Private residential construction activity in October was at
a seasonally adjusted rate of $940 million a month, as compared with average monthly rates of just over $1 billion in
the first half and about $950 million in the third quarter,
For the first 10 months it was 8 percent above the comparable
period a year ago, and it is likely that the year as a whole
will exceed in dollar expenditure any other year except 1950
The size of the year-to-year gain reflects in part the carryovei
from the concentration of starts at the end of 1952.
The number of units started in the first 9 months of this
year has slightly exceeded the same period last year. The
seasonally adjusted trend has been mildly downward during
most of the year from the rapid starts permitted builders bj
the open winter but some leveling off was apparent in the
late slimmer. On a seasonally adjusted annual rate basis
starts were at an annual rate of 1.1 million in the first three
quarters.
Public construction
Aggregate public expenditures for construction in 1953 arc
likely to set a record—although their percentage increase
from last year is smaller than that in private outlays
Through October of this year 4 percent more work had beer
put in place than in the first 10 months of 1952, largel}
reflecting higher costs.
The year-to-year gain reflects the moderate upward move^
ment during 1952; through most of this year the trend o
public construction outlays has been downward, will
seasonally adjusted expenditures in the third quarter 1(
percent below the first quarter of 1953.
Federally financed construction has been largely responsi
ble for this easing, as outlays financed with State anel loca
funds have continued to advance. In the first half of 195^
the former had been running 11 percent higher than in th<
comparable 1952 period while State and local outlays were [
percent higher. Third-quarter comparisons over the yea:
indicate a 5-percent decline in federally financed construe
tioii as against an 8-percent increase in the State and loca
sector.
Among the major categories, work on military and nava
installations has shown an almost steady decline since Feb
ruary, after seasonal adjustment, while
Federal industria
construction deeJined contraseasonall}7 in the three summe:
months this year. Funds available for public coristructioi
projects associated with the defense buildup are still ven
substantial, although such construction appears to havi
passeel its peak. Statutory reductions in the number o
federally subsidized housing units for fiscal 1953 and 195^
have resulted in a downward trend, after seasonal adjust
ment, in public residential construction throughout 1953.
On the other hand, highway construction has been firn
this year and for the year as a whole will exceed $3 billion
Backlogs in this area, as well as in sewer anel water facilities
are especially heavy and the limiting factor appears to b(
the financial resources of State and local governments.
SUEVEY OF CURRENT BUSINESS
November 1053
9
Metal Supplies and Prices
B
350
supplemented supplies. This has been a factor only since
the latter half of 1952, when more favorable price differentials, except for aluminum, and the reduction in foreign
demand stimulated the flow of imports to this country following one and one-half years of exceptionally low receipts
from foreign sources.
The growing adequacy of supplies has had only a minor
impact on the general price structure of raw and semimanufactured metals, and this has been limited largely to the
secondary materials where some easing tendencies have
developed.
"With the increased availability of supplies, the National
Production Authority controls on the production, distribution, and inventory of all materials have, insofar as they
relate to civilian orders, been removed. The controlled
materials plan for steel, copper, and aluminum ended July 1,
1953, after having been in operation for 2 years. It was
replaced by the new "Defense Materials System" which
provides set-asides of defense materials to meet the direct
military, stockpile, and atomic energy programs. The Office
of Price Stabilization controls on prices of metals and other
materials and services, which went into effect in January
1951, were lifted last February and March.
300
Annual steel rate of 112 million tons
>Y THE middle of this year, increased production and
imports had brought supplies of the major metals to a level
adequate to meet current requirements of industrial consumers, notwithstanding the continued large demands of the
defense and facilities expansion programs.
Industrial demand, which had risen greatly after June 1950
with the general expansion of the economy, has now leveled
off or, in some instances, receded. Kequirements for the
defense program are no longer increasing and with business
buying for the inventory buildup required after the steel
Supplies of Nonferrous Metals
for Domestic Use
THOUSANDS OF SHORT TONS
450
400
250
'ALUMINUM, PRIMARY
200
150
400
350
ZINC, SLAB
300
250
200
LEAD, REFINED
150
©PRELIMINARY
I
100
I960
1951
I
I
1952
I
I
!
I
1953
TOTAL FOR Q U A R T E R
U. S. DEPARTMENT
OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
tieup a year ago slowing down, industries producing basic
metals are currently operating under less pressure than in
the spring months.
The gradual improvement in the supply position of the
metals as the defense buildup advanced was in large part
the result of higher domestic production made possible by
the expansion of basic facilities. More recently, the larger
flow of imports, particularly for the nonferrous metals, has
277063°—53
2
The basic steel industry continues to operate at a high rate
although output is down moderately from the near-capacity
volume of the first half of the year. In the third quarter,
operations were at 93 percent of rated capacity and in October, usually a month of high operations, the rate advanced
to 95 percent. This represented an annual rate of close to
112 million tons, higher than any period prior to October
1952.
Supplies of finished and semifinished steel products available for the domestic market (domestic production plus imports minus exports) have followed the pattern of raw steel
output. Such supplies for the third quarter were about 1.8
million tons below the record 21.1 million tons available in
the April-June period.
Domestic supplies since Korea have been aided somewhat
by a relatively high rate of imports and unusually low volume
of exports. In July and August 1953, imports averaged close
to 200,000 tons per month whereas shipments to foreign
countries were only slightly above this figure. In the 194749 period, exports exceeded imports by close to 400,000 tons
a month.
Since the last general increase in the early summer, the
composite price 7of finished steel, according to the Bureau of
Labor Statistics wholesale price index, has remained unchanged. The change in the demand-supply situation is
reflected in the elimination of premium prices, the disappearance from the market of high cost conversion steel, and also
in some absorption of freight charges to competitive markets
by producers.
Nonferrous metal supplies
The chart shows the supply trend for four of the major
nonferrous metals. The data represent new supplies available for the domestic market and the national stockpile;
i. e., domestic production plus imports minus exports. The
totals for the third quarter of 1953 include an estimate of net
SURVEY OF CURRENT BUSINESS
10
imports for the month of September. The figures do not
take into account changes in inventories, nor do they include
scrap metals excep't for small amounts in one or two cases
where the quantities cannot be separated from the totals.
For some of the metals scrap materials constitute an important addition to total supplies.
Aluminum supply up
Aluminum supplies, aided both by a record volume of
domestic production resulting from new additions to capacity
and, particularly in the past year, by substantially higher im-
Nonferrous Metals Prices
DOLLARS PER LB.
.35
.25
.20
* ALUMINUM, VIRGIN INGOT
.15
.10
.25
.15
.10
.05
AV6.
FOR
OCTOBER
I
I
I
I
I
195!
AVERAGE FOR THE
I
1952
I
I
1953
QUARTER
U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
ports, were expanding throughout the period shown in the
chart. In the third quarter domestic aluminum production
was at an annual rate of more than 1.3 million tons, an increase of more than one-third over last year's output. Additions to primary aluminum capacity since the first of the
year totaled approximately 150,000 tons, bringing total rated
capacity as of September 1953 to 1.4 million tons at an annual
rate.
Of special interest is the rapid expansion in aluminum supplies relative to other nonferrous metals. On a tonnage basis,
aggregate new supplies for the first 9 months of this year for
the first time exceeded those for copper; they were one-fourth
larger than zinc, and more than half again as large as lead.
Some of the increase in aluminum production is going into
the national stockpile under contract arrangements which
give the Federal Government first call on a portion of production from new plants built under the Government-industry
sponsored facilities expansion program.
For the other major nonferrous metals, supplies in the
third quarter contracted sharply. This reflected in the main
reduced imports but in the case of lead and zinc there was
also some reduction in domestic mine production. In the
preceding 12 months domestic supplies were greatly supplemented by unusually high receipts from sources abroad as
foreign demand for these metals slackened considerably
after 1951. In that year, when copper, lead, and zinc were
in short supply, the strong worldwide demand coupled with
relatively lower prices in this country had been important
factors limiting United States imports of these metals.
Copper
ZINC, PRIME WESTERN,
\ ST. LOUIS
I960
Copper, lead, and zinc
In general, the consumption patterns for copper, lead,
and zinc in the first nine months of 1953 were quite similar,
with a record or near record high rate in the first half being
followed by some decline in the third quarter.
Since 1950, year-to-year changes in domestic production
have been small, notwithstanding steps taken by the Government in cooperation with industry to increase production
from domestic ores. Consequently, changes in the total
supply of these metals have been influenced largely by
variations in the flow of imports which have accounted for
an increasing proportion of the Nation's available supplies.
From mid-1952 to the middle of 1953 imports flowed in expanding volume. Under their impact the domestic supply
situation was considerably improved.
COPPER, ELECTROLYTIC, N. Y.
\
Aluminum ingot prices have been stable since July at a
level 5 percent above that at the end of the price control
period.
Increased foreign supplies
.30
.20
November 1953
New supplies of copper in the third quarter were off not
only from the second quarter but also were \vell below a year
ago. Imports of refined pigs and bars in the quarter just
ended were only half as large as in the preceding three
months, when foreign supplies first became more attractive
by a reduction in the price of the metal in the London market
to a level approximating the domestic price. In addition to
regular sources, sizable quantities of refined copper were received from the Belgian Congo, Rhodesia, and the Union of
South Africa. Imports from Chile, our most important
foreign source, were reduced sharply in the third quartei
from the high rate of the preceding 12 months, as the official
price remained 36% cents, delivered Connecticut Valley,
compared with a domestic price of around 30 cents a pound.
Domestic mine production of copper has remained relativety steady in 1953. Many of the measures that have
been taken to stimulate domestic production necessarily
involved long-term programs so that increases from these
sources have been slow and of small proportions. Some aid
from the expansion projects now under w^ay is expected to be
realized by the end of this year or early 1954 but the fill]
benefits are not likely to materialize for several more years,
Lead and zinc
In contrast with copper and aluminum, supplies of lead
and zinc available for the domestic market were ample as
early as the second quarter of 1952.
The prices of foreign lead and zinc had ranged between 2
and 3 cents per pound above the domestic price through most
of 1951. Imports for domestic consumption in that yeai
were one-fourth for zinc and more than one-half for lead
below the high volume received in 1950. The decline in
(Continued on page 20)
by Robert C. Wasson
Investment in Production Equipment
1929-52
DEVELOPMENT of a new body of postwar data makes
D,
possible an analysis of the long-term growth and cyclical
variability in private purchases of producers' durable
equipment by product groups for the entire 1929-52 period.
The analysis is in terms not only of current dollar values,
but also of volumes (constant 1947 dollar values) and the
price indexes, which are shown by product groups. Some
of the principal conclusions are as follows:
1. Postwar expansion in private purchases of producers'
equipment has been very large. While all product groups
participated, machinery increased most.
2. Both prices and quantities of equipment purchases were
substantially higher in 1952 than in 1929, and there has been
some tendency for equipment product groups with the least
price increase to show the greatest volume increase.
3. Equipment product groups displayed great cyclical
variability in the volume of purchases, with expensive longlife types of equipment having the greatest fluctuations.
As among product groups, there seemed to be no definite
relationship during cycles between price and volume movements.
4. Judged on the basis of historical trends, producers'
equipment purchases in recent years have been relatively
high. Capital formation in the form of nonresidential
construction, the other major component of business fixed
capital, appears low when judged by the same standards.
5. Cyclical variations in the volume of equipment purchases and nonresidential construction generally have been
substantially greater than those in consumer goods and
services. In contrast, cyclical variations in the prices of
producers' equipment have been less than those in the prices
of consumer goods and services.
In connection with the new volume and price data it should
be noted that they can take account of long-run improvements in quality only to a limited extent. Consequently,
they show increases in volume that are somewhat smaller and
increases in prices that are somewhat larger than would
appear if full allowance for the quality factor could be made.
In the short run, the price indexes probably show smaller
variation than do effective prices, because full account cannot
be taken of changes in discounts, premiums, and other conditions and terms of sale. Conversely, short-run changes in
volume, which are derived by dividing values by price
indexes, are somewhat larger than actual volume changes.
Some of the principal conclusions in the article should be
interpreted in the light of these limitations of the data.
Variations in purchases
The long-term growth and the sharp fluctuations in the
current-dollar value of equipment purchases since 1929 are
shown in the accompanying chart and in the top section of
table 1. Private purchases of equipment were down very
substantially from the 1929 peak in the early thirties. The
NOTE—MR. WASSON IS A MEMBER OF THE NATIONAL INCOME DIVISION.
MR. JOHN W. KENDRICK OF THE NATIONAL ECONOMICS DIVISION PREPARED THE CONSTANT-DOLLAR ESTIMATES OF PRODUCERS' DURABLE
EQUIPMENT AND THE PRICE INDEXES THAT ARE PRESENTED IN TABLES
6 AND 7 OF THIS ARTICLE.
incomplete recovery after 1933 was sharply but briefly interrupted by the recession of 1938. The subsequent revival was
followed in 1941 by a shift from private purchases of equipment to government procurement under the military program. The Federal Government made large purchases of
equipment for use in producing munitions and related
products in both privately and publicly operated plants.
The Federal Government also purchased substantial amounts
of other equipment such as motor vehicles, construction
machinery, and communication equipment for use by the
combat forces.
Private Purchases of
Producers7 Durable Equipment
BILLIONS OF CURRENT DOLLARS
25
OTHER EQUIPMENT
20
TRANSPORTATION EQUIPMENT
MACHINERY
I5
53
U
S
DEPARTMENT
OF COMMERCE. OFFICE
OF BUSINESS
ECONOMICS
53-118-4
"{
Government purchases of durable equipment are not shown
in the present series, which is confined to private purchases of
new producers' durable equipment. The decline in private
purchases during the years of the Second World War reached
a low point in 1943.
In the postwar period, there was a marked upsurge in
private equipment purchases, interrupted only by a slight
decline in 1949. Even that year was higher than any year
prior to 1948, and it was followed by increases which brought
purchases to $22 billion in 1951 and 1952. Preliminary
indications suggest that equipment purchases in 1953 may
be somewhat above that rate.
In terms of current dollars, producers' durable equipment
purchases during the past 5 years have ranged from 3 to 4
times those of 1929. In terms of physical volume, purchases have averaged about twice as large.
11
12
SURVEY OF CURRENT BUSINESS
Equipment investment in this period served not only to
meet replacement demands, including those deferred during
the war and the prewar depression, but also to expand greatly
the existing stock of equipment. As estimated in the June
issue of the SURVEY, gross physical stocks of privately
owned equipment increased about four-fifths between the
end of^ 1941 and the end of 1952. The great bulk of this
expansion occurred after 1945.
It is probable that equipment purchases have been stimulated not only by backlogs and new defense needs but also
by the important technological advances which occurred
during the period. These advances have made it possible
to lower operating costs and thus increase the profitability
of operating with new equipment as compared with prewa^r
equipment. Technological advances have also led to the
development and introduction of equipment designed to
provide new types of products.
Shifts in composition
Purchases of all major groups of equipment were considerably larger in 1952 than in 1929, but by varying proportions.
As can be seen from the chart and from table 1, a noteworthy change has been the increased relative importance of
machinery and the relative decline of transportation equipment. Machinery purchases accounted for 58 percent of the
total in 1952 as compared with 48 percent in 1929. Nonagriculturalr machinery, which rose from about 40 to 48
percent, w as responsible for most of this shift. Corresponding figures for agricultural machinery—8 and 10 percent—
indicate an increase of similar proportions. Among the
nonagricultural machinery groups showing the largest
relative increases were construction machinery, electrical
machinery, mining and oilfield machinery, and nietalworking
machinery.
In contrast, the share of transportation equipment declined from 39 percent in 1929 to 32 percent in 1952, even
though the group was up substantially in absolute terms.
Transportation equipment, other than motor vehicles,
consisting mainly of railroad equipment and ships but
including also relatively small amounts of aircraft, fell from
about 9 percent of the total in 1929 to 6 percent of the total
in 1952. Railroad equipment and ships each declined in
relative importance.
Business motor vehicles accounted for about 30 percent
of the producers' durable total in 1929, but 26 percent in
1952, the relative decline occurring primarily in passenger
automobiles. This decrease in the ratio of purchases of
business motor vehicles to total equipment purchases has
not held for all the postwar years. In 1949 and 1950 business
motor vehicles formed a larger portion of the total than in
1929, and this will probably be the case for 1953 also. The
decrease in expenditures for business motor vehicles in 1951
and 1952 may have been largely a consequence of supply
limitations.
Purchases other than machinery and transportation equipment were also higher in 1952 than 1929, but accounted for
only about 10 percent of the total as compared with 13
percent in the earlier year. In this group, business furniture
and fixtures, fabricated metal products, and miscellaneous
equipment all declined in relative importance. Only instruments showed a relative increase.
If the 1929 base of comparison is broadened by taking into
account the information that is available concerning expenditure patterns in years immediately preceding 1929, the
general impression of the currently greater importance of
machinery purchases persists. The diminished importance
of transportation equipment other than business motor
vehicles continues to stand out clearly, and the relative
downward trend of equipment other than machinery and
November 1953
transportation equipment is further underscored. With
respect to the share of automobiles, significantly different
results are obtained depending on the year or 3^ears that are
used as a basis for comparison.
Distribution of Private Purchases of
Producers' Durable Equipment
Machinery purchases have been relatively
more important in recent years
100
Other Equipment
Other Transportation Equipment
0)
a:
< 80
_i
o
a
Business Motor
Vehicles
UJ
£60
Agricultural
Machinery
O
CL
a 40 —
UJ
8
CO
Nonagricultural
Machinery
5 20
o
oc
1929
1952
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
While the foregoing examination was in terms of current
dollars, the conclusions reached apply to the constant dollar
distributions as well. Divergence in relative price movements of the component groups, although substantial, has
not been sufficient to call for a qualification of the broad
trends discussed.
Volume and prices, 1929-52
Changes in the physical volume and average price of the
major types of equipment from
1929 to 1952 are compared
in the accompanying chart.1 In the interpretation of these
figures, it should be noted that quality improvement could
be taken into account only to a limited extent. Volume
increases would be larger and price increases smaller if it had
been possible to take further account of the quality factor.
Bars representing the percentage change in prices for the
twenty equipment groups are arrayed from the smallest at
the top to the largest at the bottom. Bars representing
percentage changes in quantity are adjacent to the pricechange bars for the same group. It will be noted that the
five groups with the smallest price change have the largest
percentage change in quantity. The relationship between
price change and quantity change for the remaining fifteen
groups, however, is quite erratic.
The basic causes giving rise to the inverse long-run associa1. For about one-fourth of the product groups and the total, the indexes used as a measure
of price movements are implicit deflators. In each of these, changes in the relative importance
of the group components during the period have comparatively little effect on the magnitude
of the price or volume changes discussed later in the text.
November 1953
SURVEY OF CURRENT BUSINESS
tion of quantities and prices are not known. 2 On the supply
side, technological progress may result simultaneously in
cost decreases and volume production. Alternatively, shifts
in demand may expand the market and consequently reduce
the relative cost of products that gain in favor.
Cyclical sensitivity of product groups
Purchases of producers' durable equipment are highly
sensitive in the business cycle. This sensitivity is characteristic of each of the twenty product groups of equipment, but
some are much more sensitive than others. This can be seen
from table 2, which presents data for the years 1929-37,
covering the only substantial cycle of the 1929-52 period.
The table shows the decline from 1929 to the low point and
the advance from the low point to the peak at the end of the
cycle as percentages of the corresponding 1929 figure. For
example, a 1929 high of 100 followed by a low of 40 in 1932
and a high of 90 in. 1937 would be recorded as a decline of 60
percent and an advance of 50 percent of the 1929 high. The
low point was 1932 or 1933, the year selected for any given
product group being the one in which the constant dollar
value for that group was the smaller. The peak for most
groups and the total wras 1937; but for three groups the peak
for the constant dollar value was 1936 (mining machinery and
trucks) or 1938 (ships); in each group the peak year of recovery was chosen.
In using the data several limitations should be kept in
mind. In the first place, it is probable that the price quotations used in computing the price indexes somewhat understate the actual cyclical variability of prices, because they
cannot take into full account variations in discounts, premiums, and other terms and conditions of sale which are
factors in determining the effective price of the commodity.
Conversely, the volume changes shown in the table, which
are calculated by dividing values by price indexes, are probably somewhat smaller than the volume changes that
actually occurred.
In using the data, two limitations should be kept in mind.
In the first place the use of annual rather than quarterly or
monthly data understates the amplitude of the change, and
the amount of understatement may vary from one product
group to another. Secondly, the growth element and irregular fluctuations are reflected in the percentage changes. In
the short periods used, the growth element is seldom of
ma]or importance, but irregular fluctuations might be.
In the decline following 1929, the volume of producers'
equipment purchases fell by 69 percent. Declines were
substantial in all product groups, ranging from about 97 percent in aircraft to 48 percent in miscellaneous equipment.
In the subsequent revival, the volume of equipment purchases
rose an equivalent of 65 percent of the 1929 figure, with
product groups ranging from 138 percent for ships and boats
to 27 percent for miscellaneous equipment.
Among product groups, the greatest fluctuation in equipment purchases tended to occur in heavy transportation
equipment and other equipment generally characterized as
"heavy/ 7 These types of equipment are not only costly
but have long periods of use, with the result that during
declines purchases may often be deferred for substantial
periods. Furthermore, some of them are used largely in
industries which are subject to wide cyclical fluctuations.
From the table it can be seen that the greatest declines
can be derived from table 6, which is in terms of 1947 prices.
13
occurred in railroad equipment, construction machinery, and
aircraft. Among other groups falling more than the general
average were tractors, agricultural machinery, metalworkiiig
machinery, ships and boats, engines and turbines, mining
machinery, and electrical machinery.
In the subsequent revival, all but three of the ten product
groups with the greatest advance were also included with the
previously mentioned groups showing the greatest decline.
Purchases of Producers7 Durable Equipment
by Product Group - Comparison of Price
and Volume Increase from 1929 to 1952
PRODUCT GROUP
PERCENT INCREASE
100
200
300
O f f i c e and s t o r e
machinery
Instruments
E l e c t r i c a l machinery
Tractors
Service- industry
mach inery
Furniture, nonresidential
Fabricated metal
products
Agricultural machinery
Trucks and busses
Passenger cars,
business
Railroad equipment
Special- industry
machinery , n.e.c.
General industrial
machinery
Metalworking machinery
Ships and boats
Engines and turbines
M i s c e l l a n e o u s equipment
Aircraft
Mining and oil- f i e l d
machinery
Construction machinery
U. S. DEPARTMENT
OF COMMERCE. OFFICE
OF BUSINESS ECONOMICS
^5*S$S»S8e8^^
Ships and boats and tractors had the largest increases.
These two groups and three others (metalworking machinery,
engines and turbines, and trucks and busses) reached levels
in the recovery which exceeded those of 1929.
Among the product groups with the smallest fluctuations
were fabricated metal products,3 special industry machinery,
office and store machinery, general industrial machinery,
and nonresidential furniture and fixtures.
3. This group consists largely of safes and vaults, stills, pressure and storage tanks (not
including boilers), and fabricated plate steel for storage tanks.
SUEVEY OF CURRENT BUSINESS
14
The concurrent changes in equipment prices were much
smaller than those in the volume of purchases. While the
volume of purchases dropped 69 percent in the decline following 1929, equipment prices fell about 14 percent. In the
subsequent revival, in which the rise in the volume of equipment purchases was 65 percent of the 1929 figure, the rise
in equipment prices was 5 percent of the 1929 price. As a
consequence of the moderate change in prices, changes in
purchases measured in current prices were similar to the
volume changes that have been discussed.
On the basis of the data contained in table 2, an examination
was made of the price-volume relationships that obtained
during this period. In contrast to the moderate inverse
association of quantity and price changes that can be observed over longer periods, the short-run price-quantity
relationships exhibit no definite pattern, either during the
decline or during the subsequent recovery.
The changes which occurred during the 1937-41 and 194852 periods also were examined, but the magnitudes of the
post-1937 and post-1948 declines were small and the influence of noncyclical factors of relatively greater importance.
Inspection of the evidence pertaining to these two periods
did not reveal a pattern of change among the twenty equipment groups that appeared to be of more than historical
significance.
Equipment Purchases and Gross National
Product
The growth and fluctuations in the major types of producers' durable equipment since 1929 have been traced in
detail in the previous section. The analysis may be broadened
by introducing data on total private purchases of equipment
for earlier periods and by relating these purchases to gross
national product and some of its components.
Long-term growth
Equipment purchases during the period 1900-29, although
affected by moderate fluctuations, nevertheless showed a
fairly persistent rate of growth averaging about 3 percent a
year (see chart). In contrast, the period following 1929 has
been characterized by more extreme fluctuations, reflecting
such major dislocations as the depression of the thirties and
World War II. These dominate the picture and make it
impossible to isolate a clear-cut trend.
In these circumstances a projection of pre-1929 tendencies
into the present is hazardous, and conclusions derived from it
should be given limited weight only, and checked against
other evidence. With these qualifications in mind, it may be
noted, however, that expenditures for producers' durable
equipment in the late forties and in the early fifties were somewhat above a line that could be drawn in continuation of the
1900-29 trend. This seems reasonable when viewed in the
context of the special factors—such as demand deferred
during World War II and, subsequently, investment induced
by the Korean war and the defense program—that contributed
to a high level of producers' durable equipment purchases
during the postwar period.
The sharp dips in the purchases line during the depression of the thirties and the war period should not be interpreted as indicating the size of backlogs that existed at the
end of the war. During the depression much equipment was
subject to less wear than normal and, consequently, was
continued in use during the war even though it had passed
the usual age for discard. In addition, in many instances
heavier than normal repair expenditures made during
the war served to reduce replacement purchases below what
would be expected on the basis of data reflecting the experience of less unusual periods.
November 1953
Moreover, equipment acquired by the government during
the war constituted additions to productive capacity that
are not reflected in the present series, which is confined to
private purchases of newly produced equipment.
Equipment and nonresidential construction
The accompanying chart shows equipment purchases and
nonresidential construction—the two major components of
the business stock of fixed capital—as percentages of gross
national product for the years 1920 to 1952. Equipment
purchases and nonresidential construction were of roughly
equal importance during the twenties—between 5 and 6 percent of total output. During the depression, however,
equipment declined less than construction, and its subsequent
recovery was quicker and much more pronounced.
Purchases of equipment during the postwar period have
continued to constitute a much larger part of total output
than nonresidential construction—about 6% percent as compared with about 3 percent. Also, equipment has recently
been a somewhat larger percentage of national output than
during the twenties whereas the share of nonresidential
const ruction has been markedly reduced. On a currentprice basis the difference in postwar experience is somewhat
reduced because of differential price movements.
One possible reason for the relatively better showing of
equipment is that equipment prices have increased less than
construction costs over this period. In 1952, for example,
composite equipment prices were 1.8 times their 1929 level,
whereas nonresidential construction costs were about 2.5
times those of 1929. These differential price changes may
have had some influence upon the pattern of investment.
Private Purchases of Producers' Durable
Equipment in Constant (1947) Dollars
20
15
10
I IJ
I II I I I I
1900
05
U. S. DEPA9TMEN1
10
15
20
25
30
35
I II
40
JSIKESS ECONOMICS
45
50
55
53-118-7
Another possible explanation is that technological advance
may have been more rapid for equipment than for plant
causing a relatively large demand to replace obsolescem
equipment. Technological advance may also have been oi
a nature which required less plant per unit of equipment.
November 1953
SURVEY OF CURRENT BUSINESS
It is apparent that the quantitative importance of the
price factor cannot be measured, and that it is conjectural
whether technological advance operated in the manner
assumed. Basically, we have no definitive explanation for
the differential movement of gross investment in equipment
and construction. A detailed analysis of industry shifts and
of the influence of differences in average useful life on replacement demand might shed further light on the problem, as
might a study of the procedures by which the two types of
investment are financed.
15
recovery, tends to confirm the generalizations that have been
made about the volatility in the volume of equipment purchases and the comparative stability of equipment prices.
The comparative behavior of durable equipment and consumption also conforms broadly to the pattern described for
the years 1929-37. The most marked departure from that
pattern is found in the case of construction, both residential
and nonresidential, which behaved differently in each of
these periods.
Nature of the new series
Short-run variability
Attention has already been drawn to the great cyclical
variability in producers' durable equipment. Table 3
compares changes in the value, volume, and prices of equipment during the downswing and recovery of the thirties with
corresponding changes in total gross national product and
selected components, and permits a further examination of
this point. The method by which the entries of this table
were calculated is similar to that described for table 2, and
the limitations mentioned in that connection apply to the
present table as well. In addition, the present table summarizes the characteristics of very broad expenditure groups
and does not reveal divergent movements within these
groups which may be significant.
It appears from this table that both in the downward
phase of the great depression and during the limited recovery7
which was interrupted in 1937, the volume of producers
durable equipment fluctuated much more than that of total
gross national product. Whereas durable equipment exhibited percentage changes from peak to trough and trough
to peak approximating two-thirds the 1929 figure, the corresponding changes in gross national product were only
about one-third the 1929 figure.
In sharp contrast, changes in equipment prices were much
smaller than those in the composite of all final product prices.
During the declining phase of the cycle, for instance, equipment prices declined by 14 percent as compared with a decline
of 24 percent in the overall index. This contrast, in a less
striking form, was apparent also in the subsequent upturn.
An examination of the components of gross national
product presented in table 3 shows that expenditures for
equipment and construction are most volatile. Consumer
durables rank next, with nondurables and services showing
the greatest stability.
In the downturn, construction declined more than equipment, but in the subsequent upturn its recovery was less
pronounced. As can be inferred from the previous discussion, this differential movement is probably indicative of
divergent long-term trends in the two components rather
than of a dissimilarity in their cyclical behavior.
Examination of the average prices of the broad components
of private spending reveals that the prices of consumer goods
and services experienced larger cyclical variation than those
of producers7 durable equipment. In other words, the components showing greater stability in volume were those
undergoing larger fluctuations in price. It is of interest to
note that the behavior of construction costs, as shown in
table 3, does not fit into this general pattern. In this
instance, an above-average variability in costs appears to
have been associated with an above-average variability in
volume.
Cyclical downturns subsequent to the great depression of
the thirties have been much less pronounced, and the relative
impact of noncyclical factors has been greater. It is difficult, therefore, to make inferences as to cyclical behavior on
the basis of the record of this period.
An examination of the data for the periods 1937-41 and
1948-52, both of which include a downturn and a subsequent
The new estimates of producers' durable equipment
employ new basic data relating to the value, volume, and
prices of producers' durable equipment which have become
available during the past few years, mainly in connection
with the 1947 Census of Manufactures, the 1948 Census of
Private Purchases of Producers' Durable
Equipment and Nonresidential Construction
in Relation to the Gross National Product
Equipment purchases have been of greater importance
than nonresidential construction in recent years
i
PRODUCERS' DURABLE
EQUIPMENT
PRIVATE
NONRESIDENTIAL
CONSTRUCTION
0 I I I I I I l l I I I I I I I I I l I I I I I I I I I I I I I I I I I I
•
•
•
•
•
•
•
•
1920
25
30
35
40
45
50
55
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
53~II8~8
Business, Census sample surveys of manufacturing for 1950,
1951, and 1952, quarterly metal working reports of the
National Production Authority, and the revision of the
Bureau of Labor Statistics index of wholesale prices.
In addition to the incorporation of these new data, the
following features were introduced into the new series:
First, the Standard Industrial Classification as of November 1945 was adopted as the basis for grouping products for
the entire period 1929 to 1952. This classification is used
in the 1947 Census of Manufactures and in subsequent
sample surveys, as well as most other governmental statistical series. Thus, users may identify the products included
in each group. Construction machinery and mining machinery are shown separately in the following tables but as
one group in the Standard Industrial Classification.
Second, the estimates cover only private equipment purchases subject to depreciation charges. They differ from
those previously published by the Office of Business Economics in that the earlier estimates included also an allow-
SURVEY OF CURRENT BUSINESS
16
November 1953
Table 1.-—-Private Purchases of Producers' Durable Equipment 1929-52, Current and
Typo of equipment
1931
1934
1936
1935
1937
Billions of current dollars
Producers' durable equipment, total.--
1.5
Machinery
Agricultural machinery and tractors
Nonagricultural machinery
2.6
.5
2.2
2.0
.4
1.6
1.1
.7
.1
.6
Transportation equipment
Motor vehicles
Other transportation equipment
2.2
1.7
.5
1.6
1.1
.5
1.0
.8
.2
.5
.4
.1
.7
.6
Other equipment
1.3
.2
1.0
.1
2.0
.4
1.6
2.5
.5
2.0
1.1
1.0
.1
1.6
1.3
.3
1.8
1.4
.4
.3
.2
.3
1.4
.3
1.1
.5
.4
Billions of constant (1947) dollars
Producers' durable equipment, total...
8.0
6.3
4.2
2.4
2.6
3.6
Machinery
Agricultural machinery and tractorsNonagricultural machinery
3.6
.5
3.1
2.9
.5
2.4
2.0
.3
1.7
1.2
.1
1.0
1.1
.1
1.0
1.4
.2
1.3
2.1
.3
1.8
3.0
.5
2.5
3.6 I
.6 I
3.0
Transportation equipment
Motor vehicles
Other transportation equipment
3.3
2.5
2.6
1.8
1.6
1.3
.3
1.1
1.0
.1
1.6
1.4
.3
2.2
2.0
.2
3.0
2.5
.4
3.3
2.6
.7
.7
.8
7.6 !
Other equipment
Percent of current dollar total
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
Machinery
'.
Agricultural machinery and tractors
Nonagricultural machinery
47.6
8.1
39.5
47.4
10.0
37.4
48.8
8.4
40.4
48.5
8.0
40.5
45.2
5.4
39.8
44.3
6.5
37. 8
48.3
9.2
39.1
49.4
9.7
39.7
52.0
10.3
41.7
Transportation equipment.
Motor vehicles
Other transportation equipment
39.2
30.4
8.8
38.3
26.5
11.8
35. 5
29.0
6.5
33.2
28.9
4.3
38.3
35.4
2.9
41.0
34.6
6.4
39.5
35.6
3.9
40.1
33.5
6.6
37.3
28.2
9.1
18.3
16.5
14.7
12.2
10.5
10.7
100.0
100.0
100.0
44.9
7.2
37.7
46.9
7.9
39.0
44.9
38.3
6.6
43.1
33.8
9.3
10.2
10.0
Producers' durable equipment, total.-.
14.3
Other equipment
Percent of constant dollar total
Producers' durable equipment, total
100.0
100.0
100.0
100.0
100.0
Machinery
Agricultural machinery and tractors
Nonagricultural machinery
, _ _ „,
45.8
6.9
38.9
45.5
8.1
37.4
47.1
6.5
40.6
47.0
5.9
41.1
42.6
3.5
39.1
40.5
4.6
35.9
Transportation equipment
Motor vehicles
Other transportation equipment
41.5
31.3
10.2
41.1
27.7
13.4
37.8
30.4
7.4
35.6
30.7
4.9
41.9
38.7
3.2
45.7
38.6
7.1
17.4
15.5
13.8
Other equipment
1. Because of rounding, subtotals and totals may differ in some cases from the sum of their components.
44.6
40.6
4.0
2. Less than $0.05 billions.
Table 2.—Declines from 1929 and Subsequent Recovery through 1936-38 in Private Purchases of Producers' Durable Equipment, by Product
Groups, Measured as a Percent of 1929
Change in current dollar purchases
Product group
Change in 1947 dollar purchases
Change in prices
Decline
Advance
Decline
Advance
Decline
l
2
!
2
1
Percent
Rank
Percent
Rank
Percent
Rank
Percent
Rank
Percent
Rank
Advance
Percent 2
Rank
65
Total producers' durable equipment-.
—69
—62
40
33
—12
—21
4
20
11
5
Furniture and fixtures (nonresidential) _
Fabricated metal products
—73
—70
38
41
Engines and turbines
Tractors
Agricultural machinery (except tractorsConstruction machinery
Mining and oil-field machinery
—82
—84
—82
—92
—79
100
129
68
72
61
—78
—84
—83
—92
—77
87
137
68
66
66
—16
2
10
—12
—11
23
—7
—8
16
2
1
18
19
7
12
Metal working machinery
Special-industry machinery
General industrial machinery
Office and store machinery
_ __
Service industry and household machines.
E lectrical machinery
—85
100
58
61
49
55
71
—81
—60
—64
—63
—56
—75
95
47
53
55
72
—23
—19
—17
—2
—21
—28
23
2
3
6
17
15
60
52
44
147
—69
—70
—97
—81
—94
—70
—64
—65
—82
Trucks, busses, and trailers..
Passenger cars
Aircraft
Ships and boats
Railroad equipment
—84
—94
Instruments
Miscellaneous equipment..
—64
—54
*Less than —0.5 percent.
1. Decline from 1929 to low year in cycle (1932 or 1933) expressed as a percentage of the 1929
figure for the group.
—57
—48
—16
—17
—20
—19
138
85
20
22
20
—4
—2
13
—11
(*)
11
22
13
20
13
10
4
9
—3
16
14
2. Advance from a low year in cycle (1932 or 1933) to next subsequent high year (1936,1937, or
1938), expressed as a percentage of the 1929 figure for the group.
Source: U. S. Department of Commerce, Office of Business Economics.
SUEVEY OF CURRENT BUSINESS
November 1953
17
Constant (1947) Dollar Values, and Percentage Distributions in Current and Constant Dollars
1039
1938
1941
1940
1942
1943
1945
1944
1946
1947
1918
1949
1951
1950
1952
Billions of current dollars
3.5
4.0
5.2
6.6
4.0
3.6
4.9
7.1
10.0
15.8
18.2
17.1
20.2
22.1
22.0
1.9
.4
1.4
2.0
.4
1.7
2.7
.4
2.2
3.3
.6
2.7
2.6
.4
2.1
2.2
.2
2.0
3.3
.6
2.7
4.7
.7
4.0
5.7
.6
5.0
8.9
1.2
7.7
10.3
1.7
8.6
8.9
1.9
7.0
10.3
2.0
8.3
12.1
2.3
9.8
12.7
2.1
10.6
1.2
.9
.3
1.5
1.2
.2
2.0
1.5
.5
2.5
1.9
.6
1.0
.4
..6
.9
.4
.5
1.0
.5
.5
1.6
1.1
.5
3.1
2.4
.7
5.2
4.2
1.0
6.1
4.9
1.2
6.6
5.4
1.2
8.1
7.1
1.0
7.8
6.5
1.3
7.1
5.8
1.3
.4
.5
.5
.7
.5
.6
.6
.9
1.2
1.8
1.8
1.5
1.8
2.2
2.2
Billions of constant (1947) dollars
5.2
6.1
7.9
9.4
5.3
4.8
6.4
9.0
11.4
15.8
16.9
15.2
17.6
17.8
17.4
2.6
2^1
2.9
.5
2.4
3.7
.6
3.1
4.4
.8
3.6
3.2
.5
2.6
2.7
.3
2.5
4.2
.7
3.5
5.8
.9
5.0
6.6
.7
5.8
8.9
1.2
7.7
9.6
1.5
8.1
8.0
1.6
6.4
8.9
1.6
7.3
9.5
1.7
7.8
10.0
1.6
8.4
2.0
1.5
.4
2.5
2.1
.4
3.4
2.6
.7
4.0
3.1
.9
1.4
.6
.8
1.3
.6
.6
1.4
.8
.6
2.1
1.4
.7
3.4
2.7
.8
5.2
4.2
1.0
5.6
4.5
1.1
5.9
4.7
1.1
7.1
6.2
.9
6.5
5.4
1.1
5.6
4.5
1.1
.6
.7
.8
1.0
.7
.8
1.1
1.4
1.8
1.7
1.4
1.6
1.8
1.8
.7
Percent of current dollar total
iOO.O
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
54.1
12.5
41.6
51.4
9.6
41.8
51.4
8.6
42.8
50.9
9.9
41.0
62.4
11.1
51.3
100.0
60.1
5.9
54.2
67.6
12.2
55.4
65.4
9.9
55.5
57.1
6.5
50.6
56.0
7.7
48.3
56.7
9.6
47.1
52.2
11.3
40.9
51.0
9.9
41.1
54.8
10.4
44.4
57.8
9.7
48.1
33.7
25.6
8.1
36.7
30.4
6.3
38.1
28.8
9.3
38.5
28.9
9.6
24.1
9.3
14.8
24.7
10.9
13.8
20.1
10.4
9.7
22.4
14.8
7.6
30.6
23.7
6.9
32.7
26.3
6.4
33.6
27.0
6.6
39.0
31.7
7.3
39.9
35.1
4.8
35.3
29.3
6.0
32.1
26.2
5.9
12.2
11.9
10.5
10.6
13.5
15.2
12.3
12.2
12.3
11.3
9.7
8.8
9.1
9.9
10. 2
100.0
Percent of constant dollar total
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100 0
100.0
49.9
10.0
39.9
47.3
7.8
39.5
46.9
7.1
39.8
46.6
8.6
38.0
59.4
10.2
49.2
57.7
5.4
52.3
66.0
11.5
54.5
64.8
9.6
55.2
57.5
6.5
51.0
56.0
7.7
48.3
56.8
9.1
47.7
52.3
10.5
41.8
50.5
9.1
41.4
53.4
9.7
43.7
57.5
9.0
48.5
38.1
29.7
8.4
41.1
34.8
6.3
42.8
33.5
9.3
42.9
33.4
9.5
27.0
12.1
14.9
27.2
13.5
13.7
21.7
12.3
9.4
22.9
15.2
7.7
29.9
23.3
6.6
32.7
26.3
6.4
33.4
26.7
6.7
38.6
31.1
7.5
40.2
35.2
5.0
36.6
30.2
6.4
31.9
25.7
6.2
12.0
11.6
10.3
10.5
13.6
15.1
12.3
12.3
12.6
11.3
9.8
9.1
9.3
10.0
10.5
Source: U. S. Department of Commerce, Office of Business Economics.
Table 4.—Comparison of Published Series and New Series for
Private Purchases of Producers' Durable Equipment, 1929-52
[Billions of dollars]
Published series l
Table 3.—Declines From 1929 and Subsequent Recovery Through
1937 in Selected Gross National Product Components, Each
Measured as a Percentage of 1929
Change in current
dollars
Change in 1947
dollars
Change in prices
Component
Decline l Advance 2 Decline l Advance 2 Decline l Advance 2
Year
Total 2
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
New series
0.6
.5
.4
.3
.3
.3
.4
.5
.5
.4
.5
5.8
4.4
2.8
1.5
1.5
2.2
3.0
4.0
4.9
3.5
4.0
5.6
4.2
2.7
1.5
1.5
2.1
2.9
4.0
4.9
3.5
4.0
.7
.8
.6
.5
.6
.7
1.4
1.6
1.9
1.7
5.4
6.8
4.3
3.6
5.2
6.8
10.9
15.5
18.0
17.0
5.2
6.6
4.0
3.6
4.9
7.1
10.0
15.8
18.2
17.1
2.1
2.5
2.8
20.2
22.1
22.6
20.2
22.1
22.0
-46
33
-29
33
-24
7
-74
61
-69
65
-14
5
Nonresidential construction
Residential construction
-82
-87
28
39
-76
-82
24
39
-27
-28
20
20
Consumer durable goods
Consumer nondurable goods
-63
-41
37
34
-52
-14
40
27
-21
-31
7
14
Consumer services
-35
14
-11
11
-27
6
1940
1941
1942
1943
1944
1. Decline from 1929 to low year in cycle (1932 or 1933) expressed as a percentage of the 1929
figure for the component.
2. Advance from 1933 to 1937 expressed as a percentage of the 1929 figure for the component.
1Q4E
1946
1947
1948
1949
6.1
7.7
4.9
4.1
5.7
7.5
12.3
17.1
19.9
18.7
1950
1951
1952
22.3
24.6
25.4
Source: U. S. Department of Commerce, Office of Business Economics.
Excluding
charges to
current
expense 2
6.4
4.9
3.2
1.8
1.8
2.5
3.4
4.5
5.4
4.0
4.6
Gross national product
Producers' durable equipment
..
Capital outlays charged
to current
expense 2
1. Producers' durable equipment series now in use as a component of gross national product
in the national income accounts.
2. Because of rounding, parts may not add to total.
Source: U. S. Department of Commerce, Office of Business Economics.
277063°—53
3
18
SURVEY OF CURRENT BUSINESS
November 1953
Table 5—Private Purchases of
[Millions of dollars]
Product group
S.I. C.No.i
Total producers' durable equipment
1929
1930
1931
1932
1935
1934
1933
1936
1937
5 508
4 241
2 683
1 475
1 460
2 146
2 895
3 964
4 855
Furniture and fixtures (nonresidential) _
Fabricated metal products
25
34
361
132
292
112
193
80
113
49
98
40
141
57
154
64
181
74
236
04
Engines and turbines . .
Tractors
Agricultural machinery (except tractors)
Construction machinery _
Mining and oil-field machinery
351
3521
3522
353]
3531 3532
54
186
265
90
143
45
174
252
71
87
26
112
114
41
41
12
56
62
7
30
10
30
49
7
33
17
69
71
17
51
25
131
136
31
77
43
20S
176
54
117
64
270
229
72
119
354
3" 5
356, 3591
357
358
36
233
407
440
201
186
443
149
288
314
144
147
339
89
210
225
104
117
230
35
133
134
73
65
108
37
151
130
72
Gl
80
73
1^6
173
88
74
132
130
227
940
193
195
30°
335
140
134
246
267
368
400
172
168
396
371
371
3721
373
374
590
1 105
41
75
374
423
701
17
109
374
291
488
9
83
§9
155
271
1
18
45
186
331
g
12
22
307
436
15
21
101
388
643
8
9
97
508
822
7
57
196
523
849
19
65
356
38
81
161
09
134
51
97
34
74
29
74
32
85
41
94
51
111
75
113
Metal working machinery
Special-industry machinery n e e
General industrial machinery
Office and store machinery
Service-industry and household machines
Electrical machinery. . . _ .. . .. _._
Trucks, buses, 2a n d trailers. _ .
Passenger cars __.
Aircraft
Ships and boats
_ _ __
Railroad equipment
Instruments
Miscellaneous equipment
-
...
, __ _
_ _ _ _ _ _ _ _
._ __
(3)
1. Products are classified in accordance with Standard Industrial Classification of November 1945.
115
99
2. Business portion of passenger automobiles Is estimated at about 30 percent of total private
purchases except during years 1942-45.
Table 6.—Private Purchases of Producers* Durable
[Millions of 1947 dollars]
S. I. C.
No.1
Product group
-
M^etalworking machinery
Special-industry machinery n e e
General industrial machinery
Office and store machinery
Service-industry and household machines
Electrical machinery
- -
Trucks, buses, and trailers
Passenger cars ^
Aircraft
Ships and boats
Railroad equipment
Instruments
Miscellaneons equipment
-_
- -
-
1931
1930
1932
1934
1933
4,209
261
131
2,450
163
83
2, 566
146
71
S, 561
20.6
86
4,822
230
96
6, 633
279
115
7,607
336
132
351
3521
3522
3531
3531, 3532
85
203
346
169
239
74
185
326
134
146
48
125
147
81
22
64
81
15
56
19
32
58
14
61
28
78
87
33
91
38
149
182
59
140
67
242
234
102
213
93
310
294
125
197
354
355
356, 3591
357
358
36
346
608
643
209
265
529
238
461
490
149
213
453
151
360
373
107
176
341
67
245
237
78
117
170
71
276
230
82
118
133
119
296
279
100
141
191
214
363
381
133
178
275
319
492
527
160
271
350
394
532
569
192
309
557
371
371
3721
373
374
853
1,635
65
123
623
658
1,094
29
186
633
479
801
16
152
145
267
486
2
36
81
353
640
17
24
40
579
796
28
- 37
186
764
1,195
15
16
161
1, 002
1, 539
13
99
327
981
1, 590
33
104
569
38
88
271
78
233
59
184
38
142
38
143
41
159
54
179
67
215
101
189
2. Business portion of passenger automobiles is estimated at about 30 percent of total
private purchases except during years 1942-45.
Table 7.—Implicit Price Deflators for
[Index numbers, 1947=100]
S.I. C.No.i
Trucks buses and trailers
Passenger cars
Aircraft
Ships and boats
Railroad equipment
Instruments
Miscellaneous equipment
-
--
_ __
1929
1932
1933
1934
1935
1936
1937
70.0
76.6
71.4
67.1
77.6
69.6
63.7
74.1
61.2
60.2
69.2
58.8
56.9
67.3
56.7
60.3
68.5
66.1
60.0
66.9
66.4
59.8
65.0
64. 3
63.8
70.2
71.3
351
3521
3522
3531
3531, 3532
63.9
91.8
76.5
53. 3
59.9
60.6
94.3
77.4
53.2
59.4
54.5
89.3
77.4
50.8
57.2
54.4
87.5
76.2
45.8
53.5
53.6
94.0
84.1
48.7
54.5
61.5
88.3
81.3
52.1
55.8
65.2
87.7
74.8
52.5
55.2
64.7
86.1
75.3
52.7
55.0
68.5
87.2
77.9
57.4
60.5
354
355
356, 3591
357
358
36
67.4
66.9
68.4
96.0
70.1
83.7
62.5
62.5
64.1
96.9
69.0
74.9
58.8
58.4
60.4
96.8
66.5
67.4
52.1
54.3
56.6
93.7
55.7
63.7
52.3
54.7
56.5
87.8
51.7
60.4
61.2
62.8
62.0
88. 2
52.4
69.2
60.7
62.6
63.0
86.2
51.6
70.3
61.2
62.8
63.6
87.7
49.4
70.3
67.7
69.2
70.3
89.5
54.3
71.1
371
371
3721
373
374
69.2
67.6
62.7
61.1
60.0
64.3
64.1
59.3
58.7
59.1
60.7
60.9
54.9
54.8
56.6
58.0
55.8
50.4
50.4
55.6
52.7
51.7
47.0
49.5
55.0
53.0
54.8
53.3
56.3
54.3
50.8
53.8
53.6
57.1
60.2
50.7
53.4
53. 1
57.5
59.9
53.3
53.4
57.2
62.3
62.6
38
92.0
59.4
88.7
57.6
86.8
52.8
89.7
52.2
76.5
51.9
79.0
53.6
75.3
52.5
76.3
51.7
74.1
59.9
(2)
1. Products are classified in accordance with Standard Industrial Classification of November 1945.
1931
1930
25
34
Total producers' durable equipment
Furniture and fixtures (nonresidential)
Fabricated metal products
Metalworking machinery
Special-industry machinery, n. e. c
General industrial machinery
Office and store machinery
Service-industry and household machines
Electrical machinery
1937
6,317
376
161
1. Products are classified in accordance with Standard Industrial Classification of November 1945.
Engines and turbines
Tractors
Agricultural machinery (except tractors)
Construction machinery
_
Mining and oil-field machinery
1936
7,956
471
185
(3)
Product group
1935
25
34
Total producers' durable equipment
Furniture and fixtures (nonresidential)
Fabricated metal products
Engines and turbines
Tractors
Agricultural machinery (except tractors)
Construction machinery
Mining and oil-field machinery
1929
2. Includes producers' share of the following: Miscellaneous manufactures (Group 39);
Motorcycles (Group 3751); Transportation equipment, n. e. c. (Group 3799); Motor vehicle
SURVEY OF CURRENT BUSINESS
November 1953
19
Producers' Durable Equipment, 1929-52
[Millions of dollars]
1938
1939
1941
1940
1942
1944
194,
1945
1946
1947
1948
1950
1949
1951
1952
4,925
7,116
9,987
15, 839
18, 235
17, 066
20, 197
22, 136
22, 046
213
174
287
215
500
228
690
384
639
372
551
290
704
312
878
370
855
360
91
253
349
193
294
414
273
293
52
298
351
323
301
148
544
676
408
352
215
757
985
503
567
198
854
1,075
343
485
255
913
1, 077
511
544
280
1,096
1,210
576
735
268
976
1,161
640
792
592
232
290
119
174
325
481
360
504
174
245
672
575
529
738
229
345
770
646
837
863
443
456
1, 129
711
1,340
1,170
588
873
2,061
664
1, 453
1, 300
648
1, 276
1, 968
5°2
1,189
1,069
565
891
1,730
746
1,403
1, 162
634
941
2,104
932
1,667
1,531
663
834
2,597
1,197
1,574
1,585
750
926
2,865
126
251
6
197
394
140
253
0
232
268
343
167
0
130
346
901
152
12
195
331
1,376
995
156
174
359
2,283
1, 889
145
236
631
2, 613
2,316
75
123
1,004
2,138
3,269
103
108
1,030
2,861
4,237
63
111
796
2, 863
3,622
86
168
1,075
2, 466
3,309
167
192
935
32
148
67
136
69
152
179
185
226
274
335
375
355
402
315
341
389
434
517
436
588
440
3, 456
3,955
5,236
6,561
4,034
197
70
210
80
252
96
332
121
248
117
200
147 !
44
204
229
62
79
54
195
183
57
90
62
240
209
80
119
56
341
309
88
215
26
167
280
74
117
35
180
66
112
153
276
292
143
127
263
214
297
322
149
143
328
475
335
344
173
162
493
667
356
367
215
179
549
629
297
249
167
150
359
360
524
15
122
142
489
715
23
57
170
562
948
39
133
313
737
1,158
35
185
408
57
97
71
108
61
140
59
184
3, 615
3
47!
3. Includes producers' share of the following: Miscellaneous manufactures (Group 39);
Motorcycles (Group 37511); Transportation equipment, n. e. c. (Group 3799); Motor vehicle
heaters (no code); Textile mill products (Group 22); Lumber and wood products, except fur-
niture (Group 24); Saddlery, harness, and whips (Group 3192); Stone, clay, and glass products
(Group 32).
Source: U. S. Department of Commerce, Office of Business Economics.
Equipment in Constant Dollars, 1929-52
[Millions of 1947 dollars]
1939
1938
1940
1941
1942
1943
1915
1944
1946
1947
1948
1949
1950
1951
1952
5,212
288
98
6,091
312
116
7,906
371
142
9, 376
459
172
5,310
314
159
4,756
256
199
6, 364
270
233
9,010
366
285
11, 417
594
281
15, 839
690
384
16, 887
596
352
15, 214
507
268
17, 641
620
273
17, 763
688
300
17, 417
68C
29£
64
238
286
104
126
79
240
233
96
148
87
300
263
130
187
74
425
385
131
312
32
203
337
103
160
60
43
216
89
149
111
313
419
50
213
236
368
495
348
369
58
346
394
373
347
148
544
676
408
352
196
674
870
449
520
176
715
884
290
419
217
750
864
419
449
214
839
888
469
500
204
73(
46^
58£
219
394
410
161
227
374
305
420
455
166
261
475
632
448
477
192
286
708
832
446
484
234
287
761
768
366
317
174
217
477
721
288
370
126
245
438
584
442
634
190
337
907
694
646
924
254
467
1, 037
718
940
1, 006
476
561
1, 339
711
1,340
1, 170
588
873
2, 061
617
1. 349
1,185
630
1,218
1,896
463
1, 050
910
548
850
1, 656
623
1, 199
953
606
895
1,943
694
1,280
1,107
595
741
2,170
872
1, 20£
1, 154
671
82?
2,462
602
944
25
194
219
830
1, 293
38
91
254
926
1,717
65
215
455
1,132
1, 997
53
272
570
166
478
8
279
506
202
442
0
325
325
465
315
0
176
422
1, 090
281
15
275
406
1, 546
1,119
178
190
384
2,283
1, 889
145
236
631
2,365
2, 133
68
115
950
1,848
2,878
91
98
953
2,525
3, 678
53
99
732
2, 343
3,018
66
139
927
1,900
2,573
123
154
807
75
164
93
186
76
229
69
281
35
211
76
186
81
202
215
239
249
318
335
375
332
372
294
316
355
388
434
351
496
360
844
furniture (Group 24); Saddlery, harness, and whips (Group 3192); Stone, clay, and glass
products (Group 32).
Source: U. S. Department of Commerce, Office of Business Economics.
Producers' Durable Equipment, 1929—52
[Index numbers, 1947=100]
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
66.3
68.3
71.4
64.9
67. 4
68.7
66. 2
68.0
67.4
70.0
72.3
70.4
76.0
79.1
73.8
76.0
78.1
73.9
77.4
79.0
74.6
79.0
78.5
75.5
87.5
84.2
81.1
100. 0
100.0
100. 0
108.0
107.2
105. 8
112.1
108. 6
108.4
114.5
113. 6
114.3
124.6
127. 7
123. 4
126.9
125.2
120. 9
08.3
85.8
80.1
59.4
62.7
68.0
81.3
78.6
59.1
61.0
71.2
80.0
79.4
61.7
63.5
75. 4
80.3
80.3
67.3
68.8
80.2
82.4
83. 1
72.0
73.1
78.4
81.6
83.2
74.0
75.0
81.7
80.0
83. 4
75.9
76.9
81.9
79.9
83. 6
78.4
79.4
90.3
86.1
89.0
86.5
86.8
100.0
100. 0
100.0
100. 0
100.0
109.7
112.4
113.2
112.0
109.1
112.8
119.4
121.6
118.5
115. 7
117.5
121.7
124. 6
122.0
121.1
131.1
130. 7
136. 2
135. 5
135.1
131.3
133. 7
137.5
136. 8
135.3
69.8
70. 1
71.2
89.1
56.0
70.4
70.2
70.8
70.7
89.6
54.7
69.1
75.2
74.8
72.1
89.9
56. 6
69.6
80.2
79.8
75.9
92.0
62.4
72.1
81.9
81.2
78.6
96.2
69.1
75.2
82 1
80.7
78. 3
94.2
71.1
74.2
82.4
81.5
79.5
91.8
72.7
74.1
82.9
81.9
79.9
90.2
73.9
74.8
90.0
89.0
85.8
93.1
81.3
84.3
100. 0
100.0
100.0
100.0
100.0
100.0
107.7
107. 7
109.7
102. 9
104. 8
103.8
112.8
113. 2
117.5
103.2
104.8
104.5
119.7
117.0
121.9
104.7
105. 2
108. 3
134.4
130. 2
138. 3
111.5
112.6
119.7
137.3
130.2
137. 3
111.8
112.5
116.3
59.8
55.5
59.7
63.0
64.8
58.9
55.3
60.0
62.6
66.9
60.7
55.2
60.4
61.8
C8.8
65.1
58.0
66. 1
68.0
71.6
75.7
52. 5
73.5
70.5
77.9
69.4
57.3
73.8
53.0
71.4
82.5
73.7
82.0
82.7
54.1
80.7
70.9
81.5
89.0
88.9
87.6
91.5
93.5
100.0
100.0
KM). 0
100.0
100.0
110.5
108. 6
109. 7
107. 0
105.7
115.7
113.6
113.7
109. 8
108.1
113.3
115.2
118. 8
112.7
108.7
122.2
120. 0
130.4
121.3
116.0
129.8
128.6
135. 3
125.0
115.9
76.2
59.3
76.1
58.2
80.0
61.2
85.8
65.4
90.9
70.2
88.6
73,0
85. 5
75.2
83.3
77.3
90.6
86.2
100.0
100.0
106.9
108.0
107.1
108.0
109. 6
111.9
119. 2
124.4
118.5
122.3
heaters (no code); Textile mill products (Group 22); Lumber and wood products, except
furniture (Group 24); Saddlery, harness, and whips (Group 3192); Stone, clay, and glass
products (Group 32).
Source: U. S. Department of Commerce, Office of Business Economics.
20
SUEVEY OF CURRENT BUSINESS
ance for purchases of durable equipment charged directly to
current expense (e. g., hand tools).
The estimates by major product group are contained in
three tables in. this article. Table 5 presents the new estimates in current dollars. Table 6 presents them in constant
(1947) dollars, and table 7 shows the implicit deflators
obtained by dividing the current dollar by the constant dollar
estimates.
The commodity flow method used in preparing the
current dollar estimates
is described in the 1951 National
Income supplement.4 The general approach is discussed
4. The 1951 National Income supplement to the SURVEY OF CURRENT BUSINESS, available
at $1 from the Superintendent of Documents, Washington 25, D. C., or the various Department of Commerce field offices.
November 1953
under " Personal Consumption Expenditures for Commodities/' pages 97-105 of the supplement. Its specific application of the method to producers' durable equipment can be
found on pages 116-122. The procedure for obtaining the
constant-dollar estimates and the implicit deflators is
explained on pages 141-146 of the same publication.
The new estimates can be compared with the producers"
durable equipment series currently published as a part of
gross national product only after the equipment portion of
capital outlays charged to current expense are subtracted
from the latter. This is done in table 4 which presents a
comparison of the published series on private purchases of
producers' durable equipment and the new series for the
period 1929-52.
Metal Supplies and Prices
(Continued pom page 10)
receipts of foreign lead had a much greater impact upon
domestic supplies than for zinc because imports of lead
account for a much larger proportion of total domestic consumption than is the case for zinc.
By the end of 1951, under the impact of increasing world
supplies and slackening foreign demand the London prices of
these metals had started to drop toward those prevailing in
the domestic market. As a result, imports were resumed on
an increasing scale beginning in the second quarter of 1952.
By the end of that year, the increase in supplies relative to
demand had been reflected in declines of the domestic prices
of these metals below the ceiling prices established by the
Office of Price Stabilization, while prices in the free London
market had fallen farther.
Zinc supplies continued to increase until the third quarter
of this year when there was some decline in domestic mine
production coupled with lower imports, but supplies were
still higher than in any but the immediately preceding
quarter. Despite the reduced volume, new supplies exceeded consumption so that stocks in the hands of producers
have risen steadily and at the end of October were the
highest of the postwar period.
In the case of lead, new supplies moved downward in 1953
with volume in the third quarter the lowest since the January-March period of 1952. Receipts of lead from foreign
sources had been of record size in 1952, about 2% times
greater than in 1951 and 16 percent above the previous record
established in 1950. In the fourth quarter of 1952, such
receipts were exceptionally heavy and reflected to some
extent the release of large tonnages held by the British
Government when the free market in London was reopened
on October 1, 1952.
Nonferrous metal price movements mixed
The elimination of scarcities has been reflected on the
domestic market in prices of primary lead and zinc, which
have been moving generally downward since early 1952, and
of scrap metals.
From June 1950 to January 1951, when OPS price controls
went into effect, prices of primary copper, lead, and zinc
had advanced sharply (see chart). Imports constitute an
important portion of domestic supplies for these metals,
which in the absence of controls are traded in a world market
where prices are highly sensitive to changes in world demand.
Price advances in the precontrol period ranged from onefourth for refined copper to nearly one-half for lead and zinc.
During the period of controls from January 1951 to early
1953 the price of domestic refined copper remained unchanged
but consumers were permitted to buy foreign copper at a
price above the domestic metal. Increases were also authorized for lead and zinc in late 1951 but before the end of the
second quarter of 1952 market prices fell below official
ceilings.
At the expiration of price controls, copper, which had. been
in a relatively tight supply position throughout the period of
the defense buildup, immediately moved upward to around
30 cents per pound where it has remained. After the restoration of the free market in London in August, London prices
declined and came into approximate balance with domestic
prices. Negotiations between the Governments of the United
States and Chile are in process over the disposition of large
stocks, estimated at well over 100,000 tons, accumulated
over the year and owned by the Chilean Government. In
comparison with June 1950, the current domestic price for
copper is up by about one-half.
The price of pig lead in October 1953, though down nearly
one-third from its peak, was still moderately above the level
of June 1950 while slab zinc, down nearly one-half, was below
it,
Scrap metal prices decline
Scrap prices of all basic metals are down from their peaks,
with the size of the declines varying considerably. In the
case of steel, copper, and aluminum scrap the declines began
only this year, but in the case of lead and zinc they had set
in during the spring months of 1952.
Prices of steel scrap, the latter utilized in varying proportions with pig iron in the production of steel ingots, twice
since April has dipped and then risen. The price of No. 1
heavy melting scrap at Pittsburgh, a representative high
grade scrap material, dropped from the ceiling price of $44
per gross ton in April to $39 in May. Subsequently, the
price rebounded to over $45 per ton but in September again
dropped sharply to reach a low of about $33 per ton in the
first week of October. The decline, which coincided closely
with the beginning of the Korean truce negotiations, reflected
the uncertainty over the future rate of steel operations and
some reduction in the rate of scrap purchases on the part of
steel producers.
With the pickup in steel operations in October and some
increase in the rate of scrap buying on the part of steel producers, scrap recovered to around $38 per ton in the last
week of October. An additional strengthening factor was
the relaxation of export controls early in October on all grades
of iron and steel scrap.
BUSINESS STATISTICS
THE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1953 Statistical Supplermnt to the SURVEY
OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1949 to 1952, 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 1949. Series
added or revised since publication of the 1953 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.
Data from private sources are
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
provided through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
1953
1952
Se
beTm" 1
October
November
December
January
F
£T
Mareh
April
May
June
July
August
September
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates:
National income, total
bil. of dol._
Compensation of employees, total
_ do
Wages and salaries, total
do
Private
do
Military
do
Government civilian
do
Supplements to wages and salaries . . - do
Proprietors' and rental income, totaled- do
Business and professional of
do
Farm
_
_. __
do
Rental income of persons
do
Corporate profits and inventory valuation adjustment, total
bil of dol
Corporate profits before tax total
do
Corporate profits tax liability
. do
Corporate profits after tax
do
Inventory valuation adjustment
do
N e t interest
__ _ _ _ _ _ _ _ _ _ _
do
290.4
194.1
184 4
151.5
10 6
22 4
9.6
51.5
26 1
15.2
10 2
301 4
201.3
191 3
158.3
10 4
22 6
10.0
51.1
26 7
14.0
10 3
306 7
204.5
194 5
161 3
10 4
22 8
10.0
50.8
27 0
13.4
10 4
310 7
208.0
198 0
164.5
10 0
22 9
10.0
49. 7
27 0
12.3
10 4
210.4
200.6
166.9
10.5
23.1
9.8
49.1
26.9
11.6
10.6
37.7
37 0
19 4
17 5
7
7.1
41 7
40 3
21 2
19 1
14
7.4
43.8
44 6
24 4
20 3
— 8
7.6
45 2
45 9
25 0
20 8
— 6
7.7
-2.6
7.9
Gross national product, total
do
Personal consumption expenditures, total do
Durable goodsdo
Nondurable goods
_
do
Services
do
Gross private domestic investment, total
bil of dol
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
345 3
217 2
25.1
118.7
73 3
361 1
224.4
28.2
121. 1
75 1
362.0
227 7
30.2
121 2
76 3
372 4
230 6
30.7
122 1
77 6
369.0
231.0
30.4
121. 3
79.2
52 3
23.1
24 9
4.2
—2.0
57 9
23.9
25 5
8.5
— 1.6
54 0
25.0
26 2
2.9
—2 1
61 0
25.3
26 9
8.8
—2 5
56.5
24.9
27.1
4.5
-2.1
77.8
54.6
49.2
23 2
80.4
56. 4
50.5
24 0
82 4
57.4
51. 6
24 9
83.5
58.9
53.5
24 6
83.6
58.4
52.1
25.2
Personal income, total
do
Less: Personal tax and nontax payments.__do
Fquals: Disposable personal income
do
Personal saving §
do
271.4
34.8
236.6
19 4
278 3
35.3
243. 0
18 6
281 6
36.2
245 4
17 7
284 4
36.7
247 7
17 2
286.8
37.0
249.8
18.8
T
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income_
bil. of dol
Wage and salary disbursements, total _ do
Commodity-producing industries
do
Distributive industries _ __ __ _ . d o
Service industries
do
Government
do
Wage and salary receipts, total
do__ _
Other labor income
_
do
Proprietors' and rental income
do
Personal interest income and dividends,- do
Transfer payments _ _ _ _ _ _ _
do
Less personal contributions for social insurance
bil. of dol__
Total nonagricultural income
_ _ do. _
276.4
188.4
83.8
49.4
22.3
32.9
184.8
4.9
52.5
21.2
13.3
277.3
190.2
84.7
50.0
22.4
33.1
186.6
5.0
51.4
21.3
13.3
277.2
191.4
85.6
50.0
22.5
33.3
187.8
5.1
50.0
21.4
13.1
280.6
192.5
87.0
50.1
22.6
32.8
188.7
5.1
51.8
21.5
13.6
280.5
192.8
86.8
50.2
22.7
33.1
188.8
5.1
51.6
21.6
13.5
281.0
194.6
88.0
50.6
22.8
33.2
190.9
5.1
50.2
21.7
13.3
283.6
196.2
88.8
50.9
23.2
33.3
192.4
5.1
50.7
21.9
13.7
282.7
196.6
88.8
51.0
23.4
33.4
192.8
5.1
49.4
22.0
13.6
284.7
198.0
89.3
51.7
23.5
33.5
194.2
5.1
50.0
22.1
13.5
286.3
199.5
89.8
52.2
23.9
33.6
195.6
5.1
50.1
22.3
13.5
287.5
201.2
90.6
52.9
24.2
33.5
197.3
5.1
49.5
22.4
13.5
3.9
3.9
3.8
3.9
4.1
3.9
4.0
4.0
4.0
4.2
4.2
255.7
258.0
259.1
261.6
261.1
263.3
265.4
265.5
267.2
268.8
270.6
287.0
'201.0
'90. 2
'52.9
-24.1
'33.8
••197.1
5.1
'48.9
22.5
13.6
M.I
' 270. 7
285.8
199.5
88.7
52.9
24.2
33.7
195.7
5.1
48.9
22.7
13.6
4.0
269.6
NEW PLANT AND EQUIPMENT
EXPENDITURES
i 7, 408
7,265
6,244
All industries, quarterly total
_mil. of dol_.
7,225
6,147
Manufacturing
_
do
2,820
3,425
3,367
2 747
3,280
Mining
__
do
229
206
244
212
199
. - 331
289
Railroads
do
358
357
310
"
358
302
311
335
339
Transportation, other than rail
-- do
1,231
1,142
Public utilities
do
947
1,148
904
Commercial and other
_do
1,680
1,835
1,820
1,887
1,675
'Revised.
1 Estimates for July-September based on anticipated capital expenditures of business; those for October-December 1953 appear on p. 4 of the September 1953 SURVEY.
^Includes inventory valuation adjustment.
9Government sales are not deducted.
§Personal saving is excess of disposable income over personal consumption expenditures shown
as a component of gross national product above.
S-l
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1.053
1953
1952
September
October
November
December
January
F
aryU"
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 _ _
r
3 465
•"3. 457
1 825
T
r 1, 632
r932
••314
r 519
r 645
'430
' 189
'• 225
'161
r
4, 009
3, 995
' 2 201
' 1, 794
••368
r
1,068
r
r 338
' 600
r 77^
472
r
3 326
r 3, 312
T
1 697
' 1,615
' 356
r
867
r
375
r
r
r
2 956
2, 940
1 478
1 , 462
' 352
' 761
' 33 -t
497
r
r 600
r
"99
' 425
r
385
r
173
r
' 218
r ISO
r 263
' 101
r
' 184
r
172
r
r
441
r
2
2
1
* 1
r
r
834 !
809
395 1
414
337
r
806
* 261 j
r 404
r
493
• 372
1S3
r
10S
r IS 7
165
r 153
r
T
r
1
1
r
1
949
932
opq
233
311
- 681
r 234
r 2 100
r 9 001
r 9 010
r 2 193
2 075
T
674
1 401
357
* 742
r
29?
1 964
1 Q76
2 167
r
r
T 091
r
r 247
325
' 309
r
r r,00
r
1 404
36'.
r
721
302
r
313
"-238
29ft
r 1QH
r
370
r
' 1 160
407
r
708
r
319
r
r
r
' 125
r 199
-•86
' 155
r 159
236
240
240
250
255
254
r
319
290
158
191
142
398
259
245
293
326
297
162
193
146
406
259
243
301
326
292
168
189
157
402
263
248
299
' 73
r
r 709
r 51f,
134
r 118
r 95
r
r
298
182
384
r
73
* 164
r
1 43S
402
r
714
294
' ? 456
r 2 442
' 1 050
r
1 392
386
' 68?
300
r
r
'
'
2 494
2 486
1 096
1 3%
364
r
695
318
3
3
1
1
199
194
748
44 fi
329
111
327
r 397
r
258
r
' 368
371
' 366
' 375
' 3^7
r
366
v 473
P 597
v 381
r 138
' 157
157
' 156
' 156
' 154
157
•P 164
379
'99
' 169
p 191
v 227
INDUSTRIAL PRODUCTION
Federal Reserve Index of Physical Volume
Unadjusted, combined index
232
233
235
233
232 |
242
245
246
246
245
292
270
167
183
159
354
225
216
248
301
281
164
189
151
363
237
231
251
305
283
160
191
143
371
241
236
251
310
286
151
196
128
385
246
241
259
312
2S7
151
ISO
132
393
250
213
266
do __
do
do
_ __do_
do
_ do _ _
232
263
167
267
353
247
235
267
173
262
371
265
226
252
167
245
376
272
214
231
165
210
392
282
209
209
155
227 ;
391 !
283 i
216
212
157
248
403
297
227
224
161
271
412
308
do
do
-do _ _
do
do
do
do
do
do_
do
do__
201
159
305
567
111
95
123
192
173
154
279
200
173
309
578
112
104
118
178
133
169
190
199
163
313
595
114
107
120
165
106
190
114
193
142
314
598
107
99
112
161
107
208
100
191
134
311
595
117
103
126
153
98
199
93
|
i
!
!
i
194
144
313
598
1°2
109
131
149
109
166
90
191
181
282
177
234
166
252
177
145
377
137
198
203
192
279
179
225
180
260
172
142
361
134
197
205
194
290
182
233
183
264
176
149
356
137
184
195
185
291
186
229
172
272
169
141
337
138
159
200
191
?93
188
230
168
268
169
140
350 !
130 i
178 i
180
180
88
144
203
178
166
167
95
93
203
164
170
177
87
135
202
131
163
176
71
125
207
84
159
172 i
60
116
204
81
do
228
230
234
235
do
237
242
245
247
do
do
do
do
do
do
do
do
do
290
155
140
225
248
222
227
161
261
300
155
138
237
251
224
231
163
254
304
161
146
240
251
221
233
162
242
313
165
149
246
258
221
254
160
225
_ 1935-39 = 100..
Manufactures
do
Durable manufactures
.
Iron and steel
Lumber and products..- _ _ __ _
Furniture
Lumber _ _ _ _ _ _
_
Machinery
Non ferrous metals and products
Fabricating
Smelting and refining _ _
Stone, clay, and glass products
Cement
_
_ _ _ _ _ _
Clay products
_
Glass containers _ . _ _ _
Transportation equipment
Automobiles (incl. parts) _
do . _
do
- do_ .
do
do_ _
do
do_ __
do
do
_
_
Nondurable manufactures
Alcoholic* beverages
Chemical products - _ _ _ _
Industrial chemicals
Leather and p r oducts
Leather tanning
__
Shoes
Manufactured food products
Dairy products
_
_ _
Meat packing
Processed fruits and vegetables
Paper and products
do
Paper and pulp
do
Petroleum and coal products
do
Coke
_
- .
do_
Gasoline
do
Printing and publishing
_ _
do _
Rubber products
do
Textiles and products
do
Cotton consumption
do
Ravon deliveries
__
_ _ do_
Wool textiles
do
Tobacco products
do
Minerals
_
_
Fuels
Anthracite _ _ _ _ _ _ _ _ _ _ _ _ _ _
Bituminous coal
__
_
Crude petroleum
Metals
_
-_
_ _ _ _ __ _
Adjusted, combined indexd71
Manufactures
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__
240
241
234
'238
P236
253
246
' 250
•P 247
309
291
' 154
'184
139
r399
262
251
290
' 320
288
163
182
153
'397
259
249
284
312
279
158
177
149
387
'248
' 235
282
'311
277
' 163
' 182
' 153
389
'236
'217
'282
P305
P 266
v 160
P 178
v 151
p 385
p 237
v 217
P286
230
249
161
261
417
314
238
259
M59
291
MO*
r
306
236
259
'163
276
M01
'297
233
267
157
269
394
290
r 241
p 243
'385
'272
p 376
p 261
197
161
318
605
116
97
129
151
128
166
85
196
165
322
614
112
102
119
151
162
159
90
198
164
'321
'621
111
103
116
'157
202
154
192
184
323
636
94
81
109
172
221
149
174
'202
172
'322
'637
110
96
119
' 182
214
r
150
232
P 201
' 101
199
174
323
'62S
103
95
108
'163
225
156
'112
207
198
293
188
231
178
270
173
149
338
142
184
211
201
289
189
225
187
275
173
148
352
137
183
210
200
286
187
225
187
272
169
141
355
128
174
210
199
288
189
230
187
••267
173
143
367
130
174
208
197
'295
189
238
178
'266
174
142
367
135
170
185
178
294
188
245
161
261
156
113
359
'215
203
'297
188
'246
174
'259
' 166
139
'346
p 214
158
170
60
109
205
87
157
168
52
107
204
90
163
167
47
113
201
134
166
168
66
113
199
160
172
173
66
116
206
'170
'169
169
57
103
207
' 168
' 172
' 172
54
119
'205
'168
v 172
P 173
60
126
P 202
P 163
°30 i
240
243
241
240
P 232
249 !
254
258
255
'254
316
171
162
250
266
223
257
168
232
322
175
166
259
293
233
279
166
255
328
172
161
259
300
238
273
169
271
326
168
157
263
299
232
262
165
261
321
151
134
9
62
290
231
246
160
271
i
!
i
i
1
i
|
:
i
i
i
i
i
254
r
r
r
269
159
p 324
P 635
p 184
v 170
p 292
P240
P 179
p 161
138
327
159
240
232
'235
' 252
244
' 247
P 243
'319
' 153
139
259
285
233
242
'164
279
311
149
135
249
283
231
243
155
280
' 309
' 153
' 138
' 236
' 282
'231
238
' 154
P 303
P 150
p 135
p 237
P 286
p232
T
194
195
195
198 i
194
197
199
198
201
198
Non durable manufactures
do
191
'198
r
180
155
162
1 66
152
164
173 i
158 :
159
155
160
Alcoholic beverages
do
161
1
310
:
310
302
304
308
314
309
'325
"•321
i
319
Chemical products
do
'325
326
112
112
116 i
119 i
104
112
113
107
111
117
Leather and products _ _
_ _
do
95
110
103 ;
101 i
103
103
100
85
97
104
97
102
98
Leather tanning
_ do
97
r
161
164
168 !
168
165
165
165
'164
'162
165
Manufactured food products
do
161
160
148
146
147
152
152 1
152
156
154
151
151
150
148
Dairy products
__
- _
__
do
r
169
170
176
179
170
169
174
157
171
154
Meat packing
do
157
168
124
143
147
128
143
143
'146
155
'155 1
134
122
148
Processed fruits and vegetables
do
' Revised.
P Preliminary.
JRcvised (beginning 1951) to incorporate more complete data. Revisions for January-August 1952 may be obtained upon request; those for 1951 will be available later.
(^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.
P 157
p 150
P195
B322
p 162
p 182
SURVEY OF CURRENT BUSINESS
November 11)53
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-3
1952
September
October
1953
November
December
January
February
March
April
May
June
July
August
September
'216
204
'182
p 214
' 167
134
P 167
•p 134
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIA L PRODUCTION— Continued
Federal Reserve Index of Physical Volume — Con.
Adjusted a" — Continued
Manufactures — Continued
Nondurable manufactures — Continued
Paper and products
1935-39—100
Paper and pulp. .
do_
Pr in ting and publishing
do
Tobacco products
do
192
181
165
187
203
192
176
190
205
194
175
181
196
185
168
172
200
191
173
179
207
197
180
194
211
201
183
194
209
199
181
184
209
199
184
174
207
197
179
169
186
179
173
154
175
149
164
145
171
138
168
117
164
120
163
123
162
125
164
145
164
144
r 168
r 144
r 164
r 134
46, 288
23 663
11 510
12 154
9 055
2 793
6 262
13 570
4 505
9, 065
48, 344
24 753
11 968
12 785
9 389
2 931
6' 458
14 202
4 844
9 358
46, 229
23 430
11 676
11 754
8 773
2 737
6 036
14 026
4 769
9 257
48, 023
24 276
11 913
12 363
9 337
2 962
6 375
14 410
4- 871
9 539
47, 383
24 292
12 195
12 097
8 951
2 777
6 174
14 140
5 000
9 140
48, 827
25 170
12 828
12 349
9 143
2 929
6 214
14 514
5 30^
9 211
49, 104
25 469
12 821
12 648
9' 198
2 952
6 246
H' 437
5 211
9? 225
49, 988
26 850
13 490
13' 360
s' 858
2 897
5 961
14 2^0
5 124
9 156
49, 406
26 226
13 238
12 988
8 713
2 846
5 867
14 467
5 154
9 313
49, 250
26 172
13 046
13 126
8 666
2 892
5 774
14 412
5 103
9 309
49, 614
26 514
13 144
13 369
8 631
2 799
5*839
14 469
5 102
9 367
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.
Nondurable-goods establishments
do
Retail trade, total
_ _ _ _ _ do_
Durable-goods stores
do
Nondurable-goods stores..
do-
73 437
43 224
23 292
19 932
9 932
4' 964
4 968
20 281
8 956
11 325
74
43
23
19
10
4
5
20
9
11
74
43
23
19
10
5
5
20
9
11
74
43
24
19
10
5
5
20
9
11
74
43
24
19
10
5
4
20
9
11
619
766
392
374
039
084
955
814
539
275
74 941
43 848
24 480
19? 368
10 120
5 219
4 901
20 973
9 905
11 068
75 335
44 056
24' 746
19 309
lo' 183
5 336
4 847
21 096
10 084
11 012
76
44
25
19
10
5
4
21
10
11
76
44
25
19
10
5
4
21
10
11
77
45
25
19
10
5
5
21
10
11
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Sales:
Value (unadjusted), total _
mil. of dol
Durable-goods industries
do
Nondurable-goods industries
do
24 700
11 905
12 795
26 488
12 787
13 701
23 408
11 510
11 898
24 315
12 172
12 142
23 888
11 747
12 141
23 988
12 089
11 909
26 738
13 581
13 157
26 219
13 456
12 763
25 302
12 893
12 410
25 878
13 305
12 572
24 536
12 043
12 493
23 663
11 510
2 107
1 156
1, 256
1 966
1 831
749
419
629
545
245
607
24 753
11 968
2 198
1 263
1,205
2 068
1 842
812
410
678
553
277
663
23 430
11 676
2 100
1 177
1, 238
2 060
1 826
923
362
596
518
255
623
24 276
11 913
2 048
1 287
1, 259
2 053
1 920
819
362
727
497
310
629
24 292
12 195
2 082
1 397
1,256
2 138
2 068
817
305
721
509
312
590
25 170
I 9 828
2 115
1 481
1,342
2 204
2 164
837
315
766
571
311
723
25 469
12 821
2 150
1 446
1,347
2 137
2 241
786
361
717
585
331
719
26 8^0
13 490
2 296
1 589
1,316
2 224
2 344
878
373
800
538
365
766
26 226
13 238
2 258
1 507
1,361
2 097
2' 311
885
377
745
590
370
738
26 172
13 046
2 172
1 457
1,478
2 089
2 255
816
367
752
597
353
710
26 514
13 144
2 284
1 51 5
1,352
do
do
do
do
do _ _
do
do
do
do
do
do_- _
do
12 154
3 246
534
324
1, 137
1 068
275
699
678
1 602
2, 109
482
12 785
3 452
513
327
1, 188
1 281
265
734
720
1 660
2 181
464
11 754
3 191
457
309
1 084
1 143
234
663
678
1 532
2 059
403
12 363
3 293
545
344
1 151
1 260
288
682
691
1 558
2 114
438
12 097
3 211
478
306
1 108
1 046
299
736
725
1 667
2 014
' 507
12 342
3 314
465
333
1 113
1 038
307
722
754
1 715
2 081
499
12 648
3 480
570
325
1 127
1 036
' 292
718
754
1 767
2 067
510
13 360
3 674
576
327
1 345
1 176
299
720
781
1 808
2 146
508
12 988
3 572
600
308
1 242
1 174
301
708
770
1 781
2 061
472
13 126
3 453
671
318
1 185
1 182
355
734
738
1 734
2 268
488
13 369
3' 698
322
1 907
1 174
37P
748
681
1 749
2 259
511
r i 665
r
2 190
515
1 722
2 289
do
do
do
42 660
23 147
19 513
42 920
93 385
19 536
43 243
23 553
19 690
43 829
24 045
19 784
44 037
24 253
19 784
44 264
24 539
19 726
44 551
24 990
19 560
44 794
25 332
19 462
45 287
25 771
19 516
45 685
25 980
19 704
45 746
2«' 103
19' 643
r 45 783
r 2Q 223
r 19' 559
45 827
26* 291
19' 536
_do
do
do
15, 836
12 132
14 692
16, 058
12 272
14 590
16, 236
12 268
14 739
16, 414
12 516
14 898
16, 106
12 735
15 195
16, 030
13 044
15 190
16, 052
13 236
15 263
15, 909
13 371
15 514
16, 028
13 368
15 891
16, 197
13 451
16 037
16,324
13 426
15 996
r
16, 318
r 13 406
T 16 059
16, 522
13 142
Minerals
Metals
do
do
p
v 178
BUSINESS SALES AND INVENTORIES!
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 establishments
do
Retail trade, total
do
Durable-goods stores
do
Nondurable-goods stores
_
_ do
Value (adjusted), total
_
do
Durable-goods industries, total
do
Primary metal
do
Fabricated metal products
do
Electrical machinery and equipment _ _ d o
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 products
Petroleum and coal products.
Rubber products
Inventories, end of month:
Book value (unadjusted), total
Durable-goods industries
Nondurable-goods industries
By stages of fabrication:
Purchased materials
Goods in process
Finished goods
_
__
189
415
615
800
122
986
136
652
175
477
682
596
835
761
191
084
107
895
384
511
757
824
292
532
129
079
050
804
352
452
466
566
122
444
244
322
922
656
396
260
836
970
420
550
323
349
974
543
252
291
511
525
775
750
414
276
138
572
257
315
r 78
45
25
19
r 10
f,'
r 5
22
10
11
310
792
983
809
430
424
006
088
560
528
' 48, 195
' 25 398
T
12 615
r
12 783
r
8 724
r
2 829
' 5 895
r
14 073
* 4 914
T
9, 159
47, 552
24 876
12 015
12 862
8 637
2 725
5 912
14 039
4 936
9 103
r
79
46
26
19
10
5
5
22
10
11
78 748
T 46 195
r
26 302
r 19 894
r 10 438
r
5 538
r
4 900
T
22 115
r 10 449
r
11 666
r
25 193
r 12 234
12 959
r
r
25 398
r 12 615
2 135
1 354
1, 467
2 014
2 190
'898
1 QQO
2 308
89*
348
766
587
381
716
cro
r 368
' 707
r 593
••305
' 586
331
438
447
991
631
536
095
262
696
566
26 019
12 454
13 565
24 876
12 015
1 949
1 307
1, 464
1 948
l' 964
850
373
660
605
312
580
r 12 783
r 3 497
r 736
12 862
3 547
r 313
324
1 002
1 040
297
787
r
1 066
1 025
r
333
r 789
r 655
AfiO
ftfi9
r 46 195
Book value (adjusted), total __ _ _ _ .
do __
43 224
43 415
43 596
43 824
43 766
43 848
44 056
44 566
45 525
45 792
44 970
46 438
Durable-goods industries, total
do
23 292
T 26 302
23 615
23 835
24 292
24 480
24 392
24 746
25 122
25 983
25 4°0
26 447
25 775
?
o'
900
r 3 364
Primary metal
do
3 031
3 084
3 122
3 165
3 156
3 080
3 070
3 083
3 132
3 175
Fabricated metal products
do
2,318
2, 362
2,401
2,424
2, 439
' 2. 897
2,420
2,446
2,507
2,573
2,694
2,776
2,923
r
Electrical machinery and equipment - _ _ d o
3, 031
3, 039
3, 032
3, 096
3,120
3, 493
3,137
3,200
3, 302
3, 458
3, 419
3,382
3,471
r 5 539
Machinery, except electrical. _ d o _ _ 5,274
5 275
5 411
5 287
5 396
5 445
5 482
5 514
5 536
5 514
5 529
5 514
T 3 352
Motor vehicles and equipment
do
2 636
2 853
2 735
3 009
3 017
3 050
3 139
3 265
3 313
3 341
3 338
3 311
r
Transportation equipment, n. e. s
do
2,343
2,472
2,455
2,576
2,566
2,609
2, 682
2, 643
2,661
2, 703
2,635
2,701
2, 762
r 553
Furniture and
fixtures
do
COQ
534
533
543
518
525
544
544
534
576
554
569
Lumber products, except furniture _ _ do__
1,006
1 019
1 066
1 054
1 072
1 076
1 092
1 086
1 OS7 r 1 108
1 145
1 089
1 094
r
937
Stone, clay, and glass products
do
892
Ql
1
874
852
850
872
890
900
920
935
953
r 9^^
Professional arid scientific instruments -do
764
785
778
808
809
808
799
794
'842
807
826
818
834
Other industries, including ordnance -__do
1,462
1,445
1,412
1, 408
1,422
1,420
1,451
1,491
* 1, 534
1,438
1,486
1,486
1, 579
r
Revised.
» Preliminary.
e?See note marked ' V 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.
SUEVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1953
1952
Septem-
ber
October
1953
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
June
July
August
Septe
ber
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Inventories, end of month — Continued
Book value (adjusted), total— Continued
Nondurable-goods industries, totaL.mil. of dol._
Food and kindred products
do
Beverages
do
Tobacco manufactures
__
do _ _
Textile-mill products
do
Apparel and related products
do
Leather and leather products
do
Paper and allied products
.
do _ _
Printing and publishing
do
Chemicals and allied products
do
Petroleum and coal products
- do
Rubber products
do
New orders net (adjusted), total
Durable-goods industries, total
Primary meta^
Fabricated metal products
Electrical machinery and equipment
Machinery, except electrical
Transportation equipment, including
vehicles and parts
mil.
Other industries, including ordnance
Nondurable-goods 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, end of month (unadj.)i total. _do
Durable-goods industries, total
do
Primary metal
.
do_. .
Fabricated metal products
do
Electrical machinery and equipment
do
Machinery, except electrical
do
Transportation equipment, including motor
vehicles and parts
mil. of dol
Other industries, including ordnance
do
Nondurable-goods industries, total 9
do
19, 932
3,443
1,268
1,726
2, 833
1,725
541
973
734
3,022
2,788
877
19, 800
3, 488
1,222
1,726
2, 841
1,609
549
960
744
3,010
2,777
874
19, 761
3, 450
1,202
1, 742
2,743
1,618
545
974
775
3.009
2, 805
897
19, 532
3 332
1, 164
1,778
2,654
1, 665
548
1,001
758
2, 968
2,727
936
19, 374
3, 312
1,153
1, 773
2,606
1,689
549
990
757
2,915
2, 716
915
19, 368
3,378
1,184
1, 738
2,618
1, 683
534
992
746
2,894
2,713
887
19, 309
3,275
1, 198
1,731
2,597
1,674
553
990
755
2,907
2,726
903
19, 444
3,241
1,190
1,750
2,648
1,678
572
998
755
2,969
2,726
916
19, 550
3,198
1, 184
1,766
2,671
1,672
604
987
736
3,005
2,803
924
19, 750
3,147
1,183
1, 759
2,762
1,697
625
976
750
3,122
2,789
942
19, 809
3,104
1,187
1,780
2, 786
1,742
590
955
727
3,149
2,858
931
r
24, 516
12. 328
2,194
1,375
1,311
1,883
24, 152
11, 452
2,211
1,289
1,324
1,926
23, 061
11,441
1,855
1,169
1,184
1,999
24, 466
12,011
1, 834
1, 203
1, 366
1, 965
24, 270
12, 080
2,027
1,408
1,579
1,784
25, 530
13, 138
2, 165
1,390
1, 363
1, 813
24, 591
12, 023
2,080
1,322
1,096
1,894
25, 721
12, 621
2,083
1, 330
1,684
2,202
25, 306
12, 444
2,206
1,527
1,426
1,956
25, 553
12, 456
2, 152
1,233
1,189
1,946
24, 417
11,078
1 862
1,359
1,423
1,652
r
3.301
2,265
12,187
2, 823
9, 364
2, 252
2, 451
12, 700
2,822
9,878
2,789
2,445
11,620
2, 525
9, 095
2,991
2, 651
12, 456
2,904
9, 552
2,946
2, 335
12, 190
2,960
9, 230
3,824
2.583
12, 392
2,946
9,446
2,792
2, 838
12, 567
2,811
9, 756
2, 415
2,907
13, 100
2,885
10, 215
2,564
2,765
12, 862
2,895
9,967
3,160
2,777
13, 097
2,982
10, 114
75, 662
72, 305
8, 465
6, 383
11,512
10, 942
74, 478
71, 256
8, 406
6, 335
11, 501
10, 651
73, 163
70, 049
8,125
6,209
11,241
10, 438
72, 520
69, 605
7, 930
5, 994
11, 338
10, 226
73. 366
70, 230
7,874
6, 305
11,592
10, 102
73, 699
70, 492
7, 843
6,247
11,440
9,871
73, 367
70. 201
7,838
6, 263
11,372
9,665
72, 432
69, 328
7,618
6,194
11, 592
9,558
71, 227
68, 051
7,390
6,096
11, 576
9,313
28, 587
6, 417
3,357
28, 249
6,112
3,223
28, 081
5, 954
3, 114
28, 380
5,737
2,915
28, 536
5,820
3,136
29, 128
5,963
3,208
28, 824
6, 238
3,166
28, 067
6,298
3,104
19, 894
' 3, 061
* 1,119
'1,799
'2,809
r
1, 785
'589
927
'745
r
3, 207
r
2, 938
914
19, 991
3,069
1,092
1,833
2,826
1 728
613
930
746
3,251
2,988
22, 419
9, 541
1,591
'1,309
'1,116
' 1, 595
22, 430
9,650
1 704
1,138
931
1,713
1,928
2,854
13, 339
3,003
10, 336
' 1, 695
' 2, 234
' 12, 878
' 2, 938
' 9, 941
1,825
2,339
12, 780
2,667
10,112
70, 848
67, 476
7,345
5,779
11, 599
9,010
69, 939
66, 693
7,282
5,688
11, 828
8,863
' 67, 353
' 64, 335
'6,910
' 5, 559
'11,529
'8,615
64, 505
61,576
6,489
5 296
11,024
8,298
27, 568
6,110
3,176
27, 757
5,986
3,372
26, 764
6,268
3,246
r
25. 550
' 6, 172
'3,018
24, 507
5,962
2,929
r
r
BUSINESS POPULATION
OPERATING BUSINESSES AND BUSINESS
TURNOVER
Operating businesses end of quarter, total thous
Contract construction
do
Manufacturing
do
Service industries
do
Retail trade
do
Wholesale trade
do
All other
do
New businesses quarterly total
Contract construction
do
90
16
8
15
33
3
13
2
2
6
3
1
9
2
80 5
12.3
8 2
14. 7
29 6
37
12. 1
do
81.3
96.0
do
do
do
do
11 2
12 9
35 2
32
7.6
13 3
15 7
39. 4
37
10.4
do
101 2
82. 5
do
do
Service industries
Retail trade
do
do
All other
Discontinued businesses, quarterly total
Serviop industries
Retail trade
Wholesale trade
All other
Business transfers quarterly total
4,043 4
403 2
295 4
867 2
1,651.3
211 3
615 0
4, 059. 0
404 4
300 5
868 2
1,661. 1
211 4
613 3
BUSINESS INCORPORATION Stf
New incorporations (48 States)
number
7,529
8,223
6,741
8,274
9,468
7,943
9,659
9,507
8,968
8,926
8,703
7,487
7,433
INDUSTRIAL AND COMMERCIAL
FAILUREScf
Failures, total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
number
do
do
do
do
- - do-. -
539
36
50
107
288
58
631
52
88
146
291
54
590
61
62
121
280
66
583
43
76
131
288
45
647
39
78
130
334
66
691
49
86
132
348
76
739
63
85
154
361
76
693
48
86
140
344
75
697
66
70
143
344
74
817
74
99
145
419
80
724
43
64
164
380
73
700
49
92
148
340
71
686
31
89
145
336
85
Liabilities, total .
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
.thous. of dol.
do
do.. _
do
do.
do
20, 138
947
2,729
6,780
5,317
4,365
35, 049
2,175
5,167
13, 079
6,078
8,550
18, 757
3,027
1,588
5,853
5,865
2,424
23, 400
953
5, 068
8,458
7,046
1,875
23, 309
868
2, 735
9,107
8,009
2, 590
27, 273
1,180
3,378
8,452
9, 139
5,124
31, 082
1,387
3,506
12, 213
10, 423
3,553
27, 520
1,765
3,748
10, 585
8,497
2,925
32, 789
3,536
2,511
13, 981
6,909
5,852
32, 379
1,759
3,200
11, 179
12, 464
3,777
41,324
1,210
2,789
17, 139
11, 282
8,904
28, 529
1,077
3, 868
10, 267
10, 275
3,042
33,817
1,286
4,451
13, 676
9,790
4,614
r
Revised.
» Preliminary.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries are zero.
IFor these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
cfData are from Dun & Bradstreet, Inc.
SURVEY OF CURRENT BUSINESS
November
S-5
19 52
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
September
October
1953
November
December
January
February
March
April
July
June
May
August
September
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products§ . _ 1910-14= 100- Crops _ _ _ _ _ _ _ _
_ .do
Food grains
do
Feed grains and hay
_.
do Tobacco
do
Cotton
_
do
Fruit
.do ...
Truck crops
do
Oil-bearing crops
._
_._
do _ _
Livestock and products
Meat animals
Dairy products
Poultry and eggs
do
do
- ._ - do
do
288
264
240
234
428
329
200
182
305
282
260
240
219
429
311
215
189
304
277
257
248
213
412
288
195
238
300
269
257
247
218
428
208
206
256
300
267
251
245
214
419
252
208
237
291
263
247
240
206
424
2.55
209
237
287
264
253
246
208
424
266
215
248
291
259
247
244
200
424
266
226
204
289
261
243
242
205
426
268
224
182
285
2.59
251
•?22
198
425
26(5
253
270
280
259
237
218
197
426
269
207
216
268
258
237
21 f
198
430
277
20,5
221
262
256
234
219
200
452
279
221
159
251
309
349
307
227
301
328
316
228
295
310
318
238
280
291
309
221
281
303
290
218
277
305
286
206
274
301
277
216
270
299
264
218
277
317
257
218
267
299
254
213
280
SIS
261
99-^
276
30,5
267
930
276
299
274
231
Prices paid:
\11 commodities
- .-.
1910-14 = 100
Commodities used in living
do
Commodities used in production -- . -do
All commodities, interest, taxes, and wage ratest
1910-14=100.-
271
271
271
269
269
269
268
269
266
2(57
269
264
267
268
265
264
266
261
265
269
261
264
269
257
2(54
270
257
260
271
248
2(51
2(\'>
2.50
273
249
259
270
247
286
284
282
281
284
281
282
280
280
277
279
279
277
Paritv ratio 9 t
101
99
98
96
94
94
94
92
93
94
93
99
92
All commodities (U. S. Department of Commerce
index)
1935-39 = 100..
211.1
210.7
210.4
209. 6
209. 0
207.8
208.2
207 9
208 2
209 7
210 1
r 210 1
9io 3
Consumer price index (U.S. Department of Labor) :
\llitems
-1947-49 = 100
Apparel
..- - ._ do
Food
do
Dairy products
_ _
do
Fruits and vegetables
do
Meats, poultry, and
fish
do
114. 1
105.8
115 4
112 5
111 5
119 2
114.2
105.6
115 0
113. 2
111 3
116 9
114. 3
105. 2
115 0
113 3
115 9
114 3
114. 1
105. 1
113.8
112. 7
115 8
113 0
113.9
104.6
113 1
111 6
116 7
110 9
113 4
104.6
111 5
110 7
115 9
107 7
113 6
104.7
111 7
110 3
115 5
107 4
113 7
104 6
111 5
109 0
115 0
106 8
114
104
112
107
115
109
0
7
1
8
2
2
114
104
113
107
121
111
5
6
7
5
7
3
1147
104 4
113 8
108 3
118 2
112 0
1150
104 3
114 1
109 ]
112 7
114 1
114 8
105.0
108 1
118 3
118 8
112 1
107.3
127 7
115 9
115 2
105.0
107 9
118.8
118 9
112 3
107.6
128 4
115 8
115 7
105 4
108 0
119 5
118 9
112 4
107.4
128 9
115 8
116 4
105. 6
108 2
120 7
119 3
112 5
108. 0
128 9
115 9
116 4
105. 9
107 7
121 1
119 4
112 4
107.8
129 3
115 9
116
106
108
121
119
112
107
129
115
116
106
108
121
119
112
107
129
117
117
106
107
122
120
112
107
129
117
0
5
8
1
2
5
9
4
9
117 1
106 6
107 6
123 ()
120 7
112 8
108 0
129 4
118 0
117
106
108
123
121
112
107
129
118
4
4
0
3
1
6
8
4
2
117
106
108
123
p
4
1
8
121
112
107
129
118
5
6
4
7
3
118 0
106 9
1 07 4
I9 5 1
121 P
112 7
107 6
130 6
118 4
1184
106 9
108 1
1 2(5 0
122 6
112 9
107 8
1 30 7
118 5
do
RETAIL PRICES
Housing
-_ _ _ Gas and electricity
ITousefurnishings
Rent
- Medical care
Personal care
Reading and recreation
._ Transportation
Other goods and services .
- ...
-
do
do__
do
-do
do
do
do. ..
do
do
6
1
0
5
3
5
5
1
8
8
5
0
7
5
4
7
3
5
1
1 1 5 '>
105 3
113 8
]09 (>
10(5 6
113 5
WHOLESALE PKICEScf
U . S . Department of Labor indexes:
•Ul commodities
1947-49 = 100
111 8
111 1
110 7
109 6
109 9
109 6
110 0
109 4
109 8
109 5
110 9
110 6
111 0
Farm products
do
Fruits and vegetables, fresh and dried do
Grains
__ - _ _ . - _ - _ .
do
Livestock and live poultrv
do
106 6
115.6
96 9
99 3
104 9
111.7
95 0
94 8
103 6
113.2
96 5
93 0
99 2
112. 3
96. 1
86 8
99 5
107. 3
94 6
92 7
97 9
102.2
93 1
91 2
99 8
105. 8
94 7
91 7
97 3
106. 9
93 8
87 5
97 8
105. 4
93 4
91 7
95 4
109.9
84 2
86 8
97 9
94.7
85 4
95 9
r 9C, 4
97 9
96.0
88 9
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. 3
106 5
116.4
108. 5
106 4
115.9
107. 7
107 1
115.5
104.3
106 8
113.0
105. 5
10(5 8
111.9
105 2
107 6
110.9
104 1
108 9
109. 7
103 2
109 2
108.5
104 3
109 0
107.9
103 3
107 9
107.7
105 5
108 5
110.0
104 8
r 108 4
110. 7
106 5
110 4
111.3
105.9
109 4
105. 9
104 1
106. 0
102 0
105. 0
93 9
105. 4
99 3
105. 5
98 2
105. 1
91 2
104. 4
89 °
104.0
93 8
103.7
91 5
105.0
97 0
' 104. 7
93 6
104.7
97 2
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
113 2
104.0
114.3
92.1
48 9
111 0
107.0
113 0
103. 9
113.9
92.0
51 0
111 0
106 5
112 8
103. 5
112. 7
91.9
53 1
111 1
106 3
112 9
103. 3
112 3
91.3
52 8
113 0
106 1
113 1
103. 6
112 8
91.5
53 5
112 ()
106 2
113 1
103. 6
113 1
91.4
52 7
112 7
105 9
113 4
104. 2
113 9
91.6
59 0
112 8
106 0
113 2
105. 5
117 0
93.0
55 9
113 2
106 0
113 6
105. 5
118 0
93.1
49 9
112 9
106 1
113 9
105. 6
119 2
93. 1
46 6
110 6
106 1
114 8
106. 2
120 2
93. 6
46 7
113 8
106 1
r H4 Q
113 8
106 3
114 8
106. 7
120 0
93.5
51 1
113 0
107 1
«• 111.0
111.1
Fuel, power, and lighting materials
do
C oal
do
Electricity
- do
Gas
do
Petroleum and products
_
do
Furniture and other household durables
1947-49 = 100_Appliances, household. . _ . _
do
Furniture, household
do
Radios
_ _ _ - _ . do
}
Television sets
do
106.2
107 6
101 3
100 3
108 5
106. 6
113 3
98 5
100 4
108 5
10G. 7
113 6
98 0
104 9
108 1
107.2
116 1
98 5
104 9
107 9
107. 8
116 3
99 (}
108 0
107 9
108. 1
115 9
100 7
109 5
107 9
108.4
114 4
100 7
109 5
109 0
107.4
111 2
98 0
109 5
109 3
107.1
1 10 8
97 4
108 '?
109 4
108. 3
111 2
98 5
108 2
111 1
111.1
111 8
98 5
106 1
1 16 8
112.0
107 3
112 6
93.7
112.0
107 2
112 6
93.7
112. 1
107 2
112 8
93. 8 /{
1 12. 3
107 5
113 0
95 0
74 9
112.7
107 4
113 2
95 0
74 5
112.9
107 4
113 4
95 5
75 6
113.1
107 9
113 6
95 5
74 9
113.9
108 0
113 8
94 9
74 9
114. 1
108 1
114 0
94 9
74 9
114.3
108 1
114 1
95 4
75 0
114.7
108 8
113 8
95 0
74 3
Hides, skins, and leather products
do
Footwear
do
Hides and skins
_
. . do
Leather
do
Lumber and wood products
-_do
Lumber
do
96.5
110 6
64.4
89.3
120. 4
120 6
96.6
110 6
65.0
89.9
120. 2
120 2
97.6
111 0
69 2
90.1
119. 7
120 0
99. 0
112 0
70 6
92. 9
119.7
119 8
97. 3
112 0
62 1
92. 0
120. 5
120 1
98. 0
112 1
66 5
91.9
121.1
120 3
98.1
112 1
64 8
93.5
121.7
120 9
97.9
111 5
66 4
92.7
122.2
121 5
100.4
111 5
74 8
97.3
121.8
191 0
101.0
111 7
76 3
98.0
121.5
120 7
KM). 0
111 7
73 4
96. 1
121. I
120 ^
Machinery and motive products
do. - .
Agricultural machinery and equip .do
Construction machinery and equip .do
Electrical machinery and equipment do
Motor vehicles
do
121.5
121. 5
125. 8
119.7
119.7
121.3
121. 5
125.8
119.0
119.7
121.4
121.6
126.2
119.5
119.7
121.4
121.7
126.3
119.6
119. 7
121. 5
121.8
126. 2
119.6
119.8
121 6
121.8
126.3
119.7
119 9
121 8
122.2
127.1
119.9
120 n
122 0
122.3
128.6
121.3
118 Q
122 4
122. 4
129.1
122.6
122 9
122.6
129. 4
121. 2
123 4
122.7
130. 8
124.8
T
118 fi
118 fi
1 18 A
98.0
86 5
88 1
106. 3
120 °
93. 5
r 4g Q
r 99 I
r j05 7
on f.
no i
116 5
105 7
116 5
114.8
108 9
113 8
95 0
r
74 0
114.9
109 1
114 2
95 0
74 0
99.9
111 8
74 6
95.0
120.4
r JJ9 Q
99.7
111 8
74 2
94.5
119.2
118 3
f 123 7
122.3
' 130. 5
M25.6
124 0
122.3
130.9
125.9
r
r
118 f\
118 t\
Revised.
»Index on base previously used (1935-39=100) is 192.6.
§October 1953 indexes: All farm products, 250; crops, 231; food grains, 223; feed grams and hay, 187; tobacco, 439; cotton, 274; fruit, 214; truck crops, 175; oil-bearing crops, 255; livestock
and products, 267; meat animals, 273; dairy products, 283; poultry and eggs, 236.
JRevisions prior to August 1952 are available upon request.
9 Ratio of prices received to prices paid (including interest, taxes, and wage rates),
cf For actual wholesale prices of individual commodities, see respective commodities.
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 195;
1952
September
October
1953
November
December
January
February
March
April
May
June
July
September
August
COMMODITY PRICES— Continued
WHOLESALE PRICESd*— Continued
U S. Department of Labor indexes: — Con.
Commodities other than farm prod., etc. — Con.
Metals and metal products
194 7-49= 100 ..
Treating equi pment
do
Iron and steel. __ . _ do, ._
Nonferrous metals
do
Nonrnetallic minerals, structural
do
Clav products
do Concrete products
- _ d o _ -.
Gypsum products
do
124. 6
113 7
127.5
124. 7
113. 8
121.3
112.7
117.7
124.1
113. 7
127.3
122.9
114.4
124. 0
112. 7
117.7
123. 9
1 13. 6
127.0
122. 5
114.5
124.0
112.7
117.7
124.0
113.6
127. 0
122. 3
114. 6
124.0
112.7
117.7
124.0
113.8
127. 1
122.5
114.6
124. 0
112.8
117.7
124.6
113.9
127.5
124.4
114.6
124.0
112.8
117.7
125.5
113.9
127.7
131. 5
115. 1
124. 3
112.8
118. 3
125.0
113. 8
127.7
128 2
116. 9
124. 6
114.2
122.1
125.7
114.4
128.9
126. 6
117.2
124.7
115. 5
122.1
126. 9
114.6
130. 9
127.6
118. 1
125. 1
115.5
122.1
129. 3
115. 1
135.7
126.4
119.4
131.1
115.6
122. 1
'129.4
' 115.6
'r 136. 2
1 24. 5
1 19. 6
r
131.4
116. 1
122. 1
128.4
115. 8
134. 5
122.8
120.7
131.7
117.4
122.1
Pu'p, paper, and allied products
Pa per
Rubber and products _
__
Tires and tubes
Textile products and apparel
\pparel
Cotton products
_
Silk products
Synthetic textiles
...
Wool products
- do
do
. do_ .
do
do.. __
do
- do. _ _
do
- do- ..
do
115.6
124.0
126.3
126. 3
99. 5
99. 3
98.9
139.3
89.9
112. 4
115.5
124.9
126.0
126.3
99.2
98.4
99. 2
140.0
89.5
113. 2
1 15. 5
124.9
126.4
126.3
98.6
98.3
98.4
139.3
89.0
112. 6
115. 9
124.9
127.7
126. 3
98.2
98.3
97 7
139.7
87.8
112.6
115.8
124.9
127.3
126. 3
98.8
100.0
97.0
141.4
88.1
113.0
115.3
124.9
126. 2
126. 3
98. 5
99.9
96. 1
141.4
88. 3
111. 5
115. 1
124.9
125. 7
126. 3
97. 5
99.6
93.1
141.4
87.9
111. 9
115.3
124.9
124. 8
126.3
97.4
99.9
92.9
131.6
88.0
111.3
115.4
124.9
125. 4
126. 3
97.6
99.9
93.3
133.0
87.4
112.0
115.8
124.7
125.0
126. 3
97.4
99.4
93.4
134.7
87.5
111.6
115.8
125. 1
124.6
126.4
97.5
99.3
94.1
134.7
87.5
111.7
116. 2
125.9
' 123. 5
125. 1
97. 5
99.3
'94.1
134.7
86.7
111.8
116. 9
126.5
124.1
126.4
97.2
99.3
93. 7
134.7
86.7
111.2
Tobacco mfrs. and bottled beverages
Beverages, alcoholic Cigarettes
do
do
do-
112.1
110.5
112.0
112. 1
110.5
112.0
112. 1
110. 5
112.0
112.1
110. 5
112.0
111.9
110.1
112.0
111.9
110. 1
112.0
114.8
110.0
124.0
114.8
110.0
124.0
114.8
110.0
124.0
114.9
110.0
124.0
115.6
110.0
124.0
115.6
110.0
121.0
116. 2
111.2
124. 0
89.4
87.6
86.7
90.0
87.6
87.0
90. 3
87.5
87.0
91.2
87.6
87.9
91.0
87.8
88.4
91.2
88.2
89.7
90.9
88.0
89.5
91.4
88.0
89.7
91. 1
87.7
89.2
PUUCHASING POWER OF THE DOLLAR
As measured byWholesale prices .
Consumer prices
Retail food prices
.
1947-49=100..
do _
..
do
91.3 !
87.3 !
88.0 !
90.2
87. 2
87. 9
!
90.4
87. 0 1
87. fi !
i 90. 1
' 86. 8
187.9
CONSTRUCTION AND REAL ESTATE
i
CONSTRUCTION ACTIVITY*
3,160
3,094
2, 858
2,550
2, 361
2,278
2, 521
2,735
2,941
3, 199
3,270
' 3. 319 '
3,290
Private, total
do
Residential Cnonfarm)
do
New dwelling units
- do
Additions and alterations
do
Nonresidential building, except farm and public
utility total
mil. of dol
Industrial
do. ..
Commercial
do
Farm construction
do
Public utility
do
2,029
1,045 !
930
97 i
2,007
1,051
935
98
1,934
1,024
915
91
1,795
942
850
74
1, 627
816
735
63
1,575
758
675
64
1,729
863
770
74
1, 851
944
830
94
1,988
1,007
880
105
2,149
1,110
980
107
2,181
1,111
975
112
'2,199
r
1, 105
970
2, 165
1,077
950
102
434 i
190
101
162
381
441
193
105
133
375
443
194
113
112
347
433
193
112
97
314
431
201
109
97
275
434
204
112
100
275
430
198
114
108
320
426
193
113
120
352
451
192
129
138
380
479
187
152
148
399
492
178
165
155
410
Public total
Residential
_
Nonresidential building
Military and naval - ...
Highway
Conservation and development . .
O-ther types
1,131
54
393
134
380
81
89
1.087
51
379
128
362
81
86
924
49
361
121
240
74
79
755
49
342
111
112
67
74
734
47
328
109
115
61
74
703
48
315
104
110
56
70
792
47
353
111
140
65
76
884
49
369
114
200
70
82
953
49
374
115
260
70
85
1,050
50
384
121
330
76
89
1,089
46
372
121
375
79
96
New construction, total
.
mil. ofdol.
do
. do.
do_.
... do
do.
do
do
_.
;
r 110
'498
179
' 168
158
427
' 1, 120
43
373
121
405
'101
506
179
174
144
428
1, 125
47
378
116
400
76
108
CONTRACT AWARDS
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
50,484
52, 544
34, 561
53, 304
55, 435
40, 069
35, 475
34, 661
.50, 542
42, 586
46, 564
41,569
Total projects
number
47, 006
Total valuation
thous. of dol 2, 039, 203 1, 310, 958 1, 248, 803 1, 467, 384 1.075,868 1, 021, 310 1, 347, 518 1,741,542 1,606.091 1, 115, 509 1,793,342 1.414,408 1,741,673
610, 348
672, 838
350, 709
372, 004
553, 760
416, 577
449, 779
477, 693
724, 682
490, 650
410, 433
532, 064
1 269 355
Public ownership
do
930, 941 1, 068, 704 1, 052, 331
670, 601
626, 089
743, 505 1, 182, 994
989, 691
882, 344 1, 016, 991
890, 525
758. 153
' 789, 848
Private ownership
do
Nonresidential buildings:
Projects
. .
. _Floor area
Valuation
Residential buildings:
Projects
Floor area
Valuation _
.
Public works:
Projects
Valuation
Utilities:
Projects
.-Valuation
4, 289
29, 257
1, 272, 367
5,161
38, 822
470, 520
4, 382
39, 788
461, 476
3, 589
51, 596
713, 100
3, 651
32, 343
406, 914
3, 529
31,115
374, 321
4,760
35, 566
449, 175
5,416
44. 455
680, 330
5,728
45, 640
582, 0(51
5, 020
35, 185
459, 230
6,209
57, 374
764, 393
5, 267
40,292
545, 851
4, 675
38, 407
783, 266
number
tiious. of SQ. ft
thous. of dol .
40, 440
56, 743
518, 471
43, 312
65, 489
602,313
35, 487
55, 872
528, 429
29,808
48. 996
438, 580
30, 674
51, 315
460, 036
29, 960
46, 658
418, 568
44, 115
65, 393
605, 200
47, 761
70,602
673, 887
44,317
66, 655
637, 721
32, 745
49, 797
463, 084
44, 227
70,206
653, 407
38, 554
53, 242
507, 560
35,712
52, 470
507, 430
- - - . - . number
thous. of doL_
1, 838
176, 652
1,665
152, 455
1, 336
195. 265
911
134, 114
835
152,793
778
135, 326
1,247
219, 157
1,849
293, 569
2,094
288, 783
1,874
138, 257
2,336
269, 600
2, 335
304, 917
1, 796
269, 625
-- number
thous. of dol
439
71,713
404
85, 670
364
63, 633
3.53
181, 590
315
56, 125
294
93, 095
362
73, 986
409
93, 756
430
54, 938
532
105, 942
408
56,080
403
181, 352
Value of contract awards (F. R. indexes):
Total unadjusted
- 1947-49=100
Residential, unadjusted _ _ _
do
Total adjusted
do
Residential, adjusted
do
209
192
207
191
201
181
210
185
177
172
196
178
166
156
205
183
156
144
190
173
151
163
173
182
180
186
177
176
205
210
179
179
197
192
169
174
189
178
172
175
-•216
r
!83
'205
'184
210
177
208
176
Engineering construction:
Contract awards (ENR)§
_.-
-.
number
thous. of sq. ft
thous. of dol
thous. of dol. _
952, 218 1, 446, 381 1, 079, 879
405 !
97, 526
195
194
161
164
906, 976 1. 886. 520 1, 023, 021 1,200,048 1, 473, 244 1, 083, 795 1,318,070 1, 262, 992 1,111,213 1,116,572
Highway concrete pavement contract awards:©
7,006
3,509
9, 537
8, 333
4,874
2 4, 675
5,698
5, 258
2,571
5,537
Total
thous. of sq. yd..
1, 652
1,675
413
495
1. 226
1,512
278
446
1,691
390
Airports
do
1,481
3,215
3, 315
4,590
5, 237
2 2, 775
2,622
1,486
1,193
1,051
Roads
do
2,682
3,273
1,533
2,105
2,140
2,259
1,026
2
1,
454
988
2,
795
Streets and alleys
_
do
T
l
Revised.
Indexes on base formerly used (K 135-39-100 are as fo lows: Meas ured by — ^wholesale i trices, 47.1 consumer prices, 51 9; retail fc od, 43.5.
awarded in prior months but not reported.
d"For actual wholesale prices of individual commodities, see respective commodities.
I Revisions for 1950-July 1953 will be shown later.
§ Data for October 1952 and January, April, and July 1953 are for 5 weeks; other months, 4 weeks.
QData for October and December 1952 and April, July and September 1953 are for 5 weeks: other months, 4 weeks.
8,658
973
4,232
3,453 I
7,810
1,056
3,798
2, 956
7, 187
1,102
4,066
2,019
2 Data iniclude somej contracts
SURVEY OF CURRENT BUSINESS
November 1953
S-7
19 52
I nl ess otherwise stated, statistics through
!952 aficl descriptive notes are shown in the
1953 Statistical Supplement to the Survey
September
October
1953
November
December-
January
February
March
April
August
Sop tern
ber
96, 000
94, 000
92, 000
June
July
108, 300
104, 600
May
CONSTRUCTION AND REAL ESTATE—Continued
NEW DWELLING UNITS AND URBAN
BUILDING
Xew permanent nonfarm dwelling units started
( [7 S Department of Labor)
number
100, 800
[>ban building authorized (U. S. De.pt. of Labor):
.54 229
"Vow urban dwelling units totalj
number
52, 528
Privately financed, totalj
do
42, 767
UV>its in 1-fainily structures^
do
3 588
Units in 2-family structures!
do
6,173
Units in multifamily structures!
do
Publicly financed, totaL. _ _ .
do .
1,701
Indexes of urban building authorized:
118.5
Number of new dwelling units
1947-49= 100- .
144. 1
Valuation of building, total
do
156.7
New residential building
do _
128 2
New nonres'dential building
do
133. 0
Additions, alterations, and repairs
do. . -
101,100
86, 100
71 500
72 100
79 200
65 421
56 153
44 648
3 360
8, 145
9, 268
60 96
57! 222
46 074
3 5-?4
7, 624
2.974
55 199
52, 742
42, 478
3 296
6, 968
2,457
54 053
51,721
41,351
2 635
7.735
2,332
47 133
46, 563
36, 975
2 896
6, 692
570
45, 881
44, 836
35, 673
2, 246
6,917
1, 045
4f>, 037
42, 788
33,615
2, 383
6, 790
3,249
118.0
160 0
160. 3
159 8
159.5
103.3
159. 7
144. 9
184 5
158.0
f 99. 6
-• 144.9
1-141.0
r 154 4
r
137. 9
99. 2
141.9
140.9
141.1
147.6
105 800
111 400
?
54 40Q
52', 785
42, 055
3 055
7, 075
1,624
40 780
38, 305
30, 845
2 521
4, 939
2, 475
38 170
34, 029
26 309
2 609
5, 111
4, 141
38 776
35, 103
26 858
2 511
5. 734
3, 673
44 $57
40! 1 99
31 401
2 817
5. 981
4, 658
119. 9
147.8
161. 2
132 9
131.9
88. 9
114.3
117.9
114 6
100.0
83.1
108 9
106. 6
119 6
92.8
85. 0
106. 6
107.4
108 5
99. 6
95. 8
120 2
124.9
118 2
106. 8
142.8
170 0
193. 4
148 7
131.4
133. 7
183 4
181.4
151.2
120.7
164.4
164.4
172 5
145.9
120.7
383
120.6
120.5
120. 6
383
122. 6
122.4
122.4
383
122.6
122.9
124.1
385
125.2
125. 2
125.2
392
561
604
556
514
551
394
562
604
557
521
551
397
564
604
572
521
551
398
567
604
573
522
558
399
568
611
574
522
560
398
567
611
574
523
559
398
569
614
579
525
561
399
572
614
587
525
564
401
572
616
592
524
568
402
573
616
592
526
568
411
580
639
601
526
574
411
583
639
601
526
574
416
583
639
601
521
574
417
246.0
245.2
254 4
246. 4
245.5
254. 2
246.4
245. 3
253 4
246. 3
245. 1
253 3
246. 6
245. 6
254. 1
246.5
245. 3
253 9
247.3
245 9
254 3
247.7
246. 2
254 6
249.2
247.4
255 5
251.3
249. 6
257 1
254.2
252.2
259 0
254.9
253. 0
258 7
255. 8
253. 5
258. 3
249.4
248.5
250. 5
257. 3
232. 2
249.8
248.2
250. 5
256.8
232.4
249 7
248.0
250.0
255. 8
232. 3
249 8
248. 5
249 9
255. 5
232. 3
251. 0
248.9
250. 6
256 6
232.6
251 1
248. 9
250 4
256. 4
232. 5
252 6
249 2
250 8
256 6
233.1
253 2
249. 5
251 3
256. 6
233. 3
255 2
251 0
252 3
257.4
234.2
257 5
254.7
254 0
259.2
239. 1
260 5
257. 4
255 8
261.2
241.2
261 0
257. 8
256 0
260.0
241. 6
262 0
258. 7
256 0
259. 0
242.3
254. 8
251. 5
254. 6
251.2
250. 3
253 7
250. 1
254 4
250.9
254 3
250 8
254 8
251 2
255 1
251 4
256 0
252 0
257 4
253 5
259 4
255.4
259 0
254 6
258 8
254. 1
125.6
129.9
126.0
129.9
125.7
129. 7
125. 7
129 6
125. 8
129.6
125. 7
129.7
126. 1
130. 1
126.1
130.0
126.1
130.9
128.7
133.4
129.2
135. 1
129. 0
134. 7
129. 0
134.8
OQQ Q
CONSTRUCTION COST INDEXES
Department of Commerce composite! 1947-49=100
Aherthaw (industrial building)
1914=100
American Appraisal Co., The:
A verage, 30 cities
1913 = 100
\tlanta
do
New York
do
San Francisco ..
_ . ..
- do St. Louis
do
Associated General Contractors (all types). .do
E. H. Boeckh and Associates: §
Average, 20 cities:
Apartments, hotels, and office buildingsBrick and concrete, _ U . S. avg. 1926-29= 100. .
Brick and steel do
Brick and wood
do
Commercial and factory buildings:
Brick and concrete
do
Brick and steel . _ __
_
do
Brick and wood
do
Frame . - - _ _ .
._ do
Steel
do
Residences:
Brick
.___,
.,
.
do
Frame.
do
Engineering News- Record :cf
Building. ..
. .
.. 1947-49=100
Construction
do
Bu. of Public Roads— Highway construction:
Composite, standard mile
1946=100
133.2
139. 4
138 6
137.5
133.9
CONSTRUCTION MATERIALS
Production of selected construction materials, index:
Unadjusted
1939 — 100
Adjusted
- __ _
do
177 6
165.2
185 ?
167.1
156 1
157.5
149 0
168. 6
145 6
170. 5
143 1
173.4
161 5
170.9
172 2
173. 2
167 3
158.1
r
r
176 1
164.6
r 173 8
163.3
v 111 I
v 156. 4
REAL ESTATE
Home mortgages insured or guaranteed by185, 610
189, 690
187, 078
203, 130
193, 071
211,027
193, 370
201, 159
211, 042
183, 801
206, 739
Fed. Hous. Adm.: Face amount- ..thous. of doL. 184, 356
241 928
247, 905
243 300
247 529
151 570
215,950
220 008
243 087
Vet Adm • Face amount
do
224 590
227 910
226 936
217 292
Federal Home Loan Banks, outstanding advances
644
752
746
683
627
to member institutions
mil. of dol
718
611
626
864
791
715
700
New mortgage loans of all savings and loan associa733, 216
523, 210
677, 941
522, 681
757, 569
497, 314
639, 133
690, 277
541,295
658, 787
tions, estimated total
-.thous. of dol - 616, 352
706, 631
By purpose of loan:
241, 284
231, 676
236 513
217, 925
147, 444
164 177
225, 896
163 074
Home construction
do
192, 667
205 584
161 405
207, 589
222, 232
222, 353
288, 443
327, 046
295, 337
248, 448
303, 107
243,112
285, 337
355,316
339, 956
266, 289
Home purchase
- -. do
52 694
60,425
58, 627
42 379
59 961
51, 969
49,011
62 308
49 739
54, 597
Refinancing
do
50 457
58, 476
18, 408
26, 062
Repairs and reconditioning
._ _. _. do
27, 307
27, 438
20, 253
25, 121
27, 643
25, 997
20, 148
26, 097
27,043
19, 730
69,343
76, 994
77, 618
80, 221
60, 219
63, 733
79 831
77, 115
61 973
67, 497
53, 968
All other purposes
do
61, 794
New nonfarm mortgages recorded ($20,000 and
under) , estimated total
thous of dol 1, 587, 523 1, 727, 343 1, 492, 390 1, 553, 457 1. 400, 615 1,391,203 1, 626, 602 1,708,623 1, 698, 634 1,769,259 1, 797, 760 1, 709, 392
14.0
11.1
13.0
13.1
13.2
12.8
11.8
13.4
Nonfarm foreclosures, adjusted index .1935-39= 100
11.6
10.6
67, 644
107, 713
76, 659
64,239
72, 706
83, 471
67, 362
74, 127
63, 958
58, 949
74, 938
65, 129
Fire losses
thous of dol
185, 545
309 429
684, 245
208 137
328, 453
50 671
27, 204
69 780
68, 613
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, adjusted:
Combined index
1935-39=100
Business papers _ _
.
..
do
Magazines
do
Newspapers
do
Outdoor
_ .do.. .
Radio
-_
do
Television?
1950-52=100 ,
456
547
387
318
344
264
155
475
529
420 i
340
378
268
157
473
570
408
330 !
371
256
159
488
539
394
323
373
265
162
465
556
390
338
382
238
160
466
564
411
332
369
235
154
500
571
421
361
398
249
178
498
564
426
350
391
249
181
507
570
429
357
399
241
191
512
565
438
356
387
246
198
541
560
420
362 !
412
278
238
504
578
382
' 354
394
265
197
524
575
417
377
395
258
196
141.9
165.4
119.6
134.4
127.3
164.9
171.6
158.6
126. 6
124.8
161.8
174.6
157.6
Revised.
» Preliminary.
1
{Revisions for dwelling units authorized for January- July 1952 will be shown later. Minor revisions back to 1915 for the Department of Commerce construction cost index are shown in
the May 1953 Construction and Building Materials Statistical Supplement.
§ Copyrighted data; see last paragraph of headnote, p. S-l.
cf Data reported at the beginning of each month are shown here for the previous month.
9 Notice that the base for television differs from that of other media. Indexes available for earlier periods are as follows: 1950, 37; 1951,110; 1952,153; January-August 1952 (seasonally
adjusted)—140; 143; 152; 152; 153; 154: 154; 154.
Tide advertising index, unadjusted- .-1947-49 = 100. .
r
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1953
1952
September
October
1953
November
December
January
February
March
April
May
June
July
12,226
607
3,684
435
228
August
DOMESTIC TRADE—Continued
ADVERTISING—Continued
Radio advertising:
Cost of facilities, total
thous. of dol _
Automotive, incl. accessories
. do
Drugs and toiletries
do
Electrical household equipment
do
Financial
do
Foods, soft drinks, confectionery
do
Gasoline and oil
do
Soap, cleansers, etc
do
Smoking materials
do
All others
do
Magazine advertising:^
Tost total
Apparel and accessories
do
do
Building materials
Drugs and toiletries
Foods soft drinks confectionery
Beer, wine, liquors
do
do
do
do
Household equipment and supplies
Household furnishings
Industrial materials
Soaps, cleansers, etc
Smoking materials
All other
_
_
Linage, total
-
.
Newspaper advertising:
Linage, total (52 cities)
Classified
Display, total
Automotive
Financial . .
General
Retail
._
__
_
...
do
do
do . _
- do
do .
do
thous. of lines ._
_.do
do
do
do
. . ... do
do
do
12, 890
323
3, 254
337
331
3, 319
14, 478
640
3,787
474
285
3, 424
366
1,482
1,277
2, 744
14, 925
522
4, 278
357
323
3, 789
446
1, 588
1, 322
2, 301
13, 878
598
4,212
388
215
3, 510
446
1, 192
1, 295
2,022
12, 660
397
3,846
329
203
3,178
409
1, 118
1, 291
1, 890
14, 661
521
4,403
349
234
3, 557
454
1,324
1, 463
2, 357
14, 21S
508
4,268
385
223
3,606
402
1, 331
1, 415
2, 079
14, 107
511
4,288
377
236
3, 549
372
1, 238
1, 420
2,115
13, 246
455
1, 623
1, 042
2, 206
15, 442
396
4,287
464
308
3, 683
376
1,704
1,292
2,930
1. 372
1, 370
1,715
1,335
992
876
1, 550
1, 742
56, 978
6,469
4 366
3, 127
6, 653
6, 883
2,388
63, 494
5. 250
4 775
3, 139
7, 556
9,047
2,924
63, 849
4, 296
5 102
2, 363
7, 657
8, 753
3, 250
48, OS3
3, 802
2 507
942
5, 502
6, 957
4, 261
35, 018
1, .563
1 033
1. 343
4, 461
5, 173
1, 480
50, 682
3, 271
4 744
2, 099
6,068
8, 758
2, 314
65, 645
5,884
6 199
3, 343
7,018
9, 653
2, 606
65, 525
4, 593
6 135
3,832
6, 425
8,230
2, 625
67, 606
5, 536
6 400
4! 340
6, 572
7 831
2, 630
57, 876
3, 771
5 894
3, 498
7, 150
8, 016
2, 452
37 505
42,740
4,300
3,688
2,747
3,774
1, 266
1, 437
14, 182
4, 590
4, 015
3, 981
1,509
1,480
15, 228
4, 171
3, 290
4, 175
1,429
1, 527
17, 838
3, 209
1, 744
3, 118
818
1, 669
13, 555
1, 013
938
2, 639
830
1,112
10, 434
2,115
1, 555
3, 025
1,272
1,388
14, 074
4, 675
2, 551
3, 618
1, 699
1,444
16, 954
5,614
4, 178
4,079
1,711
1, 260
16, 844
5, 561
3 791
3, 996
1,940
1, 700
17, 308
4, 570
2 087
3, 891
1,615
1,677
13, 252
2, 117
1 , 073
1 191
9,109
10,071
4,798
4, 898
4,299
3, 162
3, 667
4,251
4,991
4,699
4,445
3,360
3, 205
4, 136
4, 965
214,509
54, 124
160, 385
7, 367
2,596
29,711
120, 709
245, 004
56, 593
188, 410
10, 383
2. 518
39,411
136, 098
234, 873
52, 399
182, 474
10, 734
2,400
34, 359
134, 981
219, 798
45, 563
174, 235
8,847
2, 550
24, 506
138, 332
182, 718
50, 052
132, 666
9,121
3, 808
21, 433
98, 304
186,115
49, 479
136, 636
8,720
2, 377
26, 537
99,001
231, 721
58, 456
173, 264
10, 877
3,017
33, 812
125, 559
233, 487
58, 194
175, 292
12, 535
2,910
35, 090
124, 758
244, 446
62, 385
182, 061
13, 493
2, 549
36, 191
129,828
215, 965
56, 330
159, 635
13, 550
2, 691
187,997
198, 647
56, 553
219,558
31,171
112,223
24 531
95, 442
2,021
23, 034
105, 623
2, 515
31 , 684
6,711
127, 034
6,764
125, 622
6,275
114,728
7, 299
131, 677
6, 672
121, 828
6, 423
120, 17S
7,928
150, 315
6,946
128, 270
6, 385
117,261
6, 657
6, 299
119 269
5, 856
6,281
117,247
122,917
557
4,129
433
238
3,046
386
11, 706
679
3, 399
2, 985
412
932
4 965
1 , 832
5, 744
6 179
1,809
r
53, 368
1 1 , 581
3,074
1, 268
4 977
1,881
5, 429
6 056
1,402
1, 592
1 501
2, 986
1 , 165
1, 379
647
2,607
134,629
366
290
2,689
396
142,095
11,417
54, 175
165, 383
11,910
119,275
POSTAL BUSINESS
Money orders issued (50 cities):
Domestic:
Number
_ .. .
Value
.. .thousands thous. of dol
126,017
PERSONAL CONSUMPTION
EXPENDITURES
Seasonally adjusted quarterly totals at annual rates: .
Goods and services total
bil of dol
217.2
224.4
227.7
Durable goods total
Automobiles and parts
Furniture and household equipment
Other durable goods
do
do
do
do
25.1
8.8
12 1
4.3
28.2
11. 5
12 3
4.4
30.2
13 4
12 4
4 4
Nondurable goods total
Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
Seniidurable housefurnishings
Tobacco
Other nondurable goods
do
do
do
do
do
do
do
118.7
20.4
73 0
5.8
2 1
5.2
12. 1
121. 1
21.5
73. 5
6. 1
2 1
5.2
12.7
121 2
20.9
74 2
6. 2
2 0
5. 2
12 8
Services total
Household operation
Housing
Personal services
Recreation
Transportation
Other services
do
do
do
do
do
do
do
73.3
10.9
24.3
4.2
4.3
6.0
23.6
75. 1
11.3
24.8
4. 2
4 3
6. 1
24.3
76 3
11.3
25.3
4 3
4 4
6. 2
24 8
230.4
231.0
30
T 14
r 12
T 4
7
3
i
4
30.4
13 8
12 3
4 3
122
20
r 74
r
6
1
9
5
3
121 3
19.9
74 5
6 5
2 2
5 2
12 9
r
9 1
5 4
r 13 Q
77 g
79 2
11.8
26 4
4 3
4 5
6. 4
25 8
11 5
25
4
4
6
25
8
3
4
3
4
RETAIL TRADE
All retail stores:
Estimated sales (unadjusted), total.. ..mil. of dol
Durable-goods stores
do
Automotive group
.
- do__
Motor-vehicle, other automotive dealers
mil. of dol.-Tire, battery, accessory dealers
do
Furniture and appliance group .
do
Furniture, homefurnishings stores
do
Household-appliance, radio stores
do
Jewelry stores
do ..
Lumber, building, hardware group
do
Lumber, building-materials dealers- .do
Hardware stores
do
Nondurable-goods stores
Apparel group
_
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
Drug and proprietary stores
._.
Eatirisr and drinkinsr olaces . _
r
do
do
do - do
do
do
do
do ...
13, 620
4,670
2,353
14,819
5,116
2,681
14, 008
4,514
2, 319
16, 910
5, 214
2 378
13, 054
4,450
2,546
12, 329
4 357
2, 501
13, 956
4 969
2,848
14, 167
5 139
2,919
14,665
5 400
3 093
14,578
2,179
174
756
445
311
100
924
700
224
2, 509
172
834
495
339
123
961
728
233
2,166
153
823
481
342
126
812
593
219
2,175
203
1, 039
571
469
338
878
588
290
2,411
136
676
374
302
96
684
5L8
166
2, 377
124
656
355
301
89
660
492
167
2,705
143
676
391
285
95
788
588
200
2,764
155
676
397
280
101
868
649
219
2,929
163
752
455
297
104
897
662
234
2,862
8, 950
910
196
365
184
165
374
1.114
9, 703
1, 023
240
411
221
151
401
1.122
9, 493
1, 003
259
384
216
144
385
1.044
11, 6%
1, 533
427
560
353
194
513
1.109
8 604
740
187
286
156
111
392
1. 008
7 972
616
145
254
126
91
387
940
8 986
893
184
368
190
150
381
1.055
9 027
866
184
362
173
149
383
1 024
9 264
888
188
375
170
Revised.
{Unpublished revisions for magazine advertising for January, April, May, June, July, August, and September 1952 will be shown later.
14,385
' 14,176
5 378
3 068
r ^ Jgq
r 2 83^
2.910
158
r
171
796
741
453
343
108
965
733
239
411
330
87
961
725
236
9 097
9 007
873
198
708
149
342
172
161
277
151
131
5 480
3 033
397
396
392
1 085
1 OQ3
1 1S1
2, 6W
r 14g
T 7^5
'435
r
350
91
'964
' 736
r 228
14, 160
5 092
2 740
2, 600
139
773
411
362
90
968
737
232
T § gg7
T 699
T 133
'276
161
199
9 067
r 39f)
r 1 18K
382
i 7 ia
831
146
325
198
163
SURVEY OF CURRENT BUSINESS
-November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-9
1952
September
October
1953
November
December
January
1
^Iry "
Marcl]
April
June
May
July
August
September
DOMESTIC TRADE— Continued
RETAIL TRADE—Continued
All retail stores— Continued
Estimated sales (unadjusted)— Continued
Nondurable-goods stores — Continued
Food group
mil. of d o l _ _
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, 242
2, 641
866
1 . 523
857
117
225
324
250
3. 440
2.787
902
1,773
979
137
258
398
283
3, 427
2, 763
852
1,769
978
139
257
395
289
3, 5,55
2, 843
872
2, 790
1. 521
187
521
561
411
3, 395
2 756
779
1, 239
673
88
186
293
229
3, 095
2. 526
752
1,171
624
94
193
260
230
3, 301
2.667
810
1, 466
810
115
232
309
242
3, 395
2,742
826
1,479
829
98
245
306
249
3, 485
2. 858
888
1. 536
879
98
235
324
261
3. 377
2,781
916
1, 542
855
104
241
343
247
3, 478
2, 897
971
1,346
708
87
233
31S
268
' 3, 425
' 2, 858
'960
'1,460
'774
100
'242
'344
'269
3, 366
13, 570
4, 505
2,292
14, 202
4, 844
2,044
14, 026
4, 769
2, 548
14, 410
4,871
2,617
14.140
5 000
2, 738
14, 514
5. 304
2. 951
14, 437
5, 211
2,802
14. 280
5. 124
2, 856
14, 424
5, 154
2,871
14,412
5, 103
2,816
1 4, 469
5,102
2, 836
' 14, 073
'4,914
' 2, 629
14,039
4, 936
2, 669
2,124
168
727
416
311
2,490
154
754
449
305
2. 388
160
790
' 468
322
2,453
164
776
451
325
2. 572
167
773
443
330
2. 775
176
811
451
360
2. 628
174
768
442
326
2, 695
161
744
424
320
2,712
159
778
448
330
2, 663
153
786
441
344
2. 694
142
768
426
342
'2,490
'139
'771
'416
'355
2, 536
133
754
400
353
122
831
614
217
130
832
618
214
121
841
622
219
123
847
631
216
127
846
629
218
134
876
648
229
138
915
681
234
130
861
652
209
114
852
634
218
113
848
633
215
111
872
637
235
106
'900
'671
'229
108
891
667
224
9, 065
870
212
345
170
143
384
1, 048
9. 358
930
226
361
194
149
399
1, 063
9, 257
897
216
358
177
146
398
1,051
9, 539
987
232
389
206
160
411
1,091
9,140
891
210
342
193
146
414
1, 087
9,211
883
210
346
188
138
412
1,075
9,225
916
209
355
204
148
397
1,101
9, 156
865
199
348
185
132
405
1,082
9,270
915
204
375
189
147
404
1, 086
9,309
919
195
382
193
149
402
1, 086
9,367
900
196
357
196
152
393
1, 115
' 9, 159
'812
'168
'320
193
' 131
391
'1,100
9, 103
787
157
311
180
140
391
1,080
3, 398
2, 768
847
1,517
838
107
247
325
268
3. 419
2.770
854
1,638
903
115
260
360
279
3.362
2, 735
875
1, 586
884
111
239
352
256
3. 372
2, 730
893
1,690
918
123
262
387
275
3, 353
2,714
850
1 . 543
852
109
237
345
254
3. 393
2, 743
869
1,560
855
116
250
339
264
3, 376
2, 741
845
1. 582
870
118
254
340
263
3, 407
2. 773
855
1,526
835
107
254
329
271
3.367
2.759
854
1, 628
902
118
265
343
268
3,394
2.785
' 868
1, 634
898
116
264
357
275
3, 434
2. 860
874
1,636
874
119
286
356
283
' 3, 413
' 2, 834
'•• 880
'1,595
'868
109
' 264
' 353
'279
3, 448
2,845
875
1,543
825
103
264
351
277
20, 434
8, 739
11,695
21, 564
9, 125
12, 439
22, 059
9, 366
12, 693
19, 544
8, 838
10, 706
19. 896
9,292
10, 604
20. 738
9. 789
10,949
21, 967
10, 473
11, 494
22, 403
11,014
11,389
21,946
10, 800
11, 146
21, 295
10,419
10, 876
21,421
10, 476
10, 945
'21,759
' 10, 273
'11,486
22, 325
10, 392
11,933
20, 281
Adjusted, total _ _
do
8. 956
Durable-goods stores
. do
Automotive croup
do . . . 2, 875
1,693
Furniture and appliance group
do
486
Jewelry stores
.... .
do __
2, 233
Lumber, building, hardware group.. .do
1,669
Other durable-goods stores
..do
20, 652
9, 175
3, 093
1, 643
500
2, 229
1, 710
20, 895
9, 3S4
3, 212
1, 643
499
2,281
1,749
20, 804
9, 352
3, 272
1, 639
490
2, 208
1, 743
20.814
9, 539
3. 307
1, 659
496
2, 299
1,778
20. 973
9, 905
3, 457
1, 662
491
2.449
1.846
21, 0%
10, 084
3, 500
1.651
488
2, 565
1,880
21,656
10, 396
3, 676
1, 706
492
2, 584
1, 938
21, 543
10, 252
3,592
1,703
482
2, 564
1,911
21, 572
10, 257
3,657
1, 669
503
2,516
1,912
22, 088
10, 560
3. 929
1,714
492
2, 493
1, 932
'22,115
' 10. 449
3,888
'1,691
496
2, 426
'1,948
22, 262
10,696
4, 094
1,728
500
2,380
1 , 994
1 1, 325
2,748
752
2. 099
3, 351
2, 375
11.477
2, 817
799
2.091
3, 383
2,387
11.511
2. 830
801
2,089
3, 424
2, 367
11,452
2,790
717
2.183
3, 373
2,389
11. 275
2. 703
760
2,119
3, 384
2,309
11.068
2. 559
745
2,047
3, 471
2,246
11,012
2,506
710
2, 053
3, 497
2,246
11,260
2. 576
732
2, 060
3, 622
2,270
11,291
2, 573
708
2, 092
3,622
2, 296
11.315
2, 650
751
2, 040
3, 560
2, 314
11,528
2, 735
111
2, 021
3, 636
2, 359
'11,666
2,846
809
2, 059
3. 583
' 2, 369
11,566
2, 813
818
2, 091
3. 538
2,306
'
2,476
175
15
69
60
58
54
26
2,744
191
21
76
53
61
56
30
2, 666
182
21
74
49
60
50
31
3, 457
293
35
119
80
87
55
32
2.285
132
15
51
38
60
50
20
2,145
119
13
47
36
57
47
22
2,485
188
19
74
56
60
54
28
2, 546
180
17
70
60
60
56
24
2,604
180
17
72
58
62
58
30
2. 576
' 178
17
68
62
62
59
26
2, 460
142
11
59
49
63
61
24
' 2, 501
' 138
10
59
46
62
59
27
2, 510
176
13
65
61
60
57
25
735
346
856
396
835
366
1, 335
539
556
248
543
233
684
302
718
338
747
376
750
362
652
306
100
180
930
78
49
131
201
1,015
81
53
135
203
1,020
64
49
205
414
1, 056
53
75
83
142
1, 039
51
43
78
144
939
47
41
103
172
999
54
49
104
183
1, 013
62
54
102
177
1, 050
63
56
108
184
1,015
68
60
92
172
1,038
67
57
107
182
'1,035
68
'55
107
182
1,003
69
47
2 515
169
16
66
55
61
54
24
2, 622
180
19
71
53
61
54
28
2, 555
175
18
72
50
62
52
29
2, 638
195
20
80
56
62
52
22
2, 506
167
68
49
63
51
27
2, 570
168
18
66
52
62
52
27
2, 591
171
18
64
55
61
53
31
2, 579
171
17
69
51
63
56
26
2, 586
177
18
70
57
64
57
30
2, 618
174
17
69
56
64
59
26
' 2, 635
184
18
73
61
64
60
26
' 2, 578
'169
16
'69
55
63
'57
'26
2,556
165
15
63
55
63
57
24
729
328
783
351
735
323
817
345
727
345
756
359
769
357
745
343
795
377
778
356
'782
359
102
199
1,009
62
50
120
204
1, 009
62
52
119
189
1,013
64
53
145
210
1,003
64
52
98
181
995
63
GO
101
187
1,000
69
61
114
189
1,004
69
57
112
190
1,018
64
58
108
200
992
60
112
201
1, 030
61
M
104
'208
'1,045
61
K4
47
Estimated sales (adjusted), total
..do
Durable-goods stores
do
Automotive group
do
M ot or - v eh i c1 e , other a u t om o tive dealers
_ _
mil. of dol
Tire, battery, accessory dealers
do
Furniture and appliance group
do
Furniture, homefurnishings stores
od
Household-appliance, radio stores
do
Jewelry stores
do
Lumber, building, hardware group
do
Lumber, building-materials dealers - d o
Hardware stores
do
Nondurable-goods stores
Apparel group.
Men's and bovs' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores.
Drug and proprietary stores
Eating and drinking places
do
do
do
do
do
do
do
do
Food group
do
Grocery stores
do
Gaaioline service stations
.. do
General-merchandise group
. . .do. . . .
Department stores, excl. mail-order. .do
Mail-order (catalog sales)
do
Variety stores - _
do...
Other general-merchandise store? . d o
Liquor stores
_ do
Estimated inventories:
Unadjusted, total
Durable-goods stores
Nondurabie-eroods stores
Nondurable-goods stores
Apparel group
..
Drug and proprietary stores
Food group General-niMrchandise group
Other nondurable-goods stores. . .
do
do
do
do
do ...
do
do-_do
do
Firms with 11 or more stores:
Estimated sales (unadjusted), total
._ do
Apparel group
do
Men's and boys' wear stores _ _ . . do
Women's apparel, accessory stores
.do
Shoe stores
do
Drug and proprietary stores..
do
Eating and drinking'places
do
Furniture, homo-furnishings 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 bovs' 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 general-merchandise
stores
mil. of dol
Variety stores
do
Grocery stores
.
do
Lumber, building-materials dealers
do
Tire, battery, accessory stores
do
' 705
'325
' 735
'328
'109
198
'1,044
'62
Kn
2,786
906
1,546
836
110
242
357
267
720
329
710
311
105
199
1,062
60
At
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
«..
-
19
September
October
November 1058
November
1953
Decemher
January
February
March
April
May
July
June
August
September
DOMESTIC TRADE— Continued
RETAIL TR ADE— Continued
Department stores:
Accounts receivable, end of month:
Charge accounts
1947-49 = 100 . .
Instalment accounts
do
Ratio of collections to accounts receivable:
Charge accounts
percent
Instalment accounts
.. .... . . do - .
Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
do
Instalment sales
do
Sales unadjusted total IT
Atlanta
Boston _
_
Chicago
Cleveland
Dallas..
.
Kansas City
Minneapolis .
New York
Philadelphia.
.-_
Richmond
St Louis
San Francisco
$t
1947-49-100
do
do . .
do
do
do. . . .
do
..do do
_ - . do. .
do
do
do
_- .
-
-
-
r
Sales, adjusted, total U. 84
lo
Atlanta
__.
- - do
Boston
do
Chicago
--.-..
do
Cleveland
do
Dallas
_ -_ - -. .- .
do.
Kansas Citv
do
Minneapolis
- ..
doNew York __
_- _ .-.
do. Philadelphia
do
Richmond
do-.
St Louis
do
San Francisco
do
Stocks, total U. S., end of month :J
Unadjusted..
.. - . .
do..
Adjusted
do
Mail-order and store sales:
Total sales, 2 companies
thous. of dol
Montgomery Ward & Co
do
Soars, 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
WHOLESALE TRADE
Sales, estimated (unadj.), total
mil. of dol
Durable-goods establishments-_.
do.. Nondurable-goods establishments
do
Inventories, estimated (unadj.), total
do
Durable-goods establishments
do
Nondurable-goods establishments.. .. .._ do.. -
118
190
128
201
138
211
183
231
147
226
126
224
123
222
122
220
124
220
123
219
114
214
113
218
125
222
47
18
50
18
48
17
48
17
47
17
44
15
49
17
46
15
46
15
47
15
46
15
45
15
46
1.5
46
43
11
46
43
11
47
42
11
49
42
9
47
42
11
47
42
11
46
43
11
47
43
10
47
43
10
47
43
10
47
42
11
47
42
11
46
44
10
113
' 125
' 110
110
110
' 127
115
108
102
110
124
120
132
111
116
119
134
120
124
113
120
132
126
118
134
145
127
129
139
145
132
120
127
143
142
134
136
196
221
193
186
194
215
196
175
181
194
214
189
208
85
97
83
83
87
101
86
74
80
82
83
83
91
88
102
80
85
89
101
91
80
Si
85
89
89
94
103
124
95
101
107
117
103
92
93
106
110
104
102
104
117
101
104
103
117
106
97
95
103
111
105
105
115
131
106
114
115
127
115
107
101
118
128
118
117
108
114
103
110
111
118
111
98
99
105
112
110
112
89
102
76
89
89
104
91
84
75
83
96
86
101
98
114
79
'98
104
116
104
97
75
92
97
100
109
v 110
v 122
v 112
v 104
»114
J>119
P 109
v 110
v 102
T 108
P121
v 109
v 111
115
129
111
112
115
128
114
108
107
112
126
115
118
111
128
105
107
113
128
115
104
100
109
116
113
117
115
129
107
114
117
128
118
103
111
123
115
117
111
126
105
107
113
127
114
103
100
108
1.13
108
116
112
124
106
110
115
125
115
105
100
112
117
113
116
115
128
105
114
116
126
114
108
103
112
124
118
119
110
118
106
110
105
124
112
99
102
113
117
111
116
117
134
106
114
115
131
115
107
104
119
129
118
124
115
128
103
112
118
134
118
106
102
110
119
122
121
113
127
106
110
114
124
111
105
104
117
120
107
117
' 112
130
99
' 109
120
127
112
102
99
116
114
110
113
zl06
-104
104
106
120
108
98
98
105
117
108
"114
124
120
134
121
137
122
107
120
111
123
119
123
127
122
132
125
132
127
123
128
121
130
126
131
P132
J» 128
373, 724
418, 732
118,142
300, 590
391. 569
108, 525
283, 045
546, 465
390, 870
268 261
62, 778
205, 483
258, 518
62, 171
196,347
327, 550
87, 515
240. 036
345, 223
90, 564
254. 659
384, 048
95, 059
288. 989
380, 397
92, 804
287, 593
316, 298
78, 977
237, 320
339, 713
89, 164
250, 549
351, 988
91, 513
260, 475
378. 3
356. 9
445. 0
366. 8
410.8
316. 3
310.3
348. 2
312.2
365. 5
432. 6
441. 5
478. 2
393. 7
500. 3
333. S
310. 5
347. 0
299. 6
399. 0
554. 4
502. 9
,585. 8
527. 9
662. 3
371.8
330. 8
411.7
351.5
418.4
253. 7
238. 6
281.0
237. 2
286. 3
335. 1
314. 8
351. 2
316.3
389.0
277.7
254. 3
308.1
254. 7
301.9
331. 8
306. 4
354. 1
318.4
404. 1
322. 5
316.3
349. 5
312.1
352. 3
347.9
326. 0
379. 9
327. 8
404.9
293. 6
265. 8
313. 3
274.9
340. 2
313.3
285. 8
348.9
287.6
371.8
308.3
294.1
320. 3
292 9
339. 7
343. 7
327. 5
386.4
330. 6
379. 1
316. 8
281.7
334. 8
309.9
369. 1
355. 2
313. 0
385. 3
338. 3
394.8
262. 6
228.4
269. 1
250. 9
349.5
353. 9
322.6
385. 0
335.9
428. 3
312. 7
278. 3
330. 8
291.8
391.4
339. 2
317. 3
368. 4
315. 1
400. 0
335. 3
295. 9
358. 6
315. 0
10. 389
3, 254
7, 135
10, 177
4,790
5, 387
9,481
2, 797
6, 684
10, 202
4,860
5, 342
9, 765
2. 853
6,912
9, 965
4. 878
5. 087
8, 593
2, 457
6. 136
10, 111
5, 099
5, 012
8, 195
2,619
5, 576
10, 255
5, 325
4,930
8 866
2.910
5 956
10, 434
5. 547
4,887
8, 545
3,009
5,536
10, 376
5, 569
4,807
8, 232
2, 823
5, 409
10, 354
5, 574
4,780
8. 656
2, 975
5! 681
10, 323
5. 444
4. 879
' 8, 717
' 2, 844
9.403
' no
M15
* 108
' 122
102,462
271,262
344. 5
299.7
390. 4
316. S
415.6
311.5
289. 0
343. 1
294.4
363.3
9. 523
2, 983
6. 540
9, 925
4,824
5, 101
no
155,594
r
S, 913
2,902
6.011
10, 260
5, 416
4, 845
r
» 119
v 105
v 102
v 109
* 112
P 103
v 100
"98
r 104
TO 114
P 102
P 110
403.7
308.7
285.3
323.6
292.8
356. 0
' 10! 300
T
5, 400
r
4, 900
3.018
6, 385
10. 573
5. 375
5. 198
r
^ g-o
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
1
Total, incl. armed forces overseas
thousands.-! 157, 505 ; 157, 768
EMPLOYMENT
Employment status of civilian nonlnstitutional
population:^
'•
Estimated number 14 years of age and over,
109.906
110,074
total
thousands
52 040
52,144
Male
do
57, 866
57, 930
Female
._
__
-do-_
Civilian labor force, total
Male
Female
_Ernployed
Male
Female
._
.
_ ._
.
Agricultural employment.
Nonagricultural employment
Unemployed
Not in labor force
Revised.
» Preliminary.
r
l
.
158,233
110,198
110,315
52. 208
52, 265
57,990 i
58.050
158,448
158,657
158, 848
159, 068
159, 260
159f 473
159, 696
159, 959
160. 228
110.936
i 110.648
52.502 1
52,698
58,146 ! 58.238
111.210
111.300
111,398
111.476
111,542
111.642
i 111.767
52, 886
58. 324
52. 932
58, 368
52, 974
58, 424
52. 996
58, 480
53, 006
58, 536
53, 052
58, 590
53. 115
58, 652
63, 698
43 468
20. 230
63, 146
43. 196
63, 646
62.712
20, 428
62. 921
43. 240
19. 681
62,416
19,950
43. 334
19, 082
43, 692
19. 020
63. 134
43. 892
19, 212
62, 810
43, 898
18, 912
62, 964
43, 848
19. 116
64. 734
44, 862
19, 872
64, 668
45, 260
19, 408
64, 648
45, 056
19. 592
63, 552
43, 917
19, 635
do._
do
do. .
62, 260
42 604
19 656
61, 862
42 482
19, 380
62, 228
42, 404
19, 824
61. 509
42, 275
19. 234
60, 524
60. 924
42, 448
18, 476
61. 460
42, 784
18. 676
61,228
61. 658
42. 950
63, 172
43, 838
63, 120
44, 236
6° 408
44, 242
18, 550
18.708
19.334
18,884 I
19,166
62. 306
43, 149
19, 157
do
do.. _
do
7,548
7,274
6,774
5,697
55, 454
1,418
55, 812
1,412
5, 366
55, 558
1,788
5, 720
55, 740
1,674
55, 1 58
1, 582
6, 390
55, 268
1,306
7, 926
55, 246
1,562 j
7,274
54, 588
1,284
i 5, 452
i 55, 072
1,892
7,628
54, 712
1 438
55. 492
1,548
56, 134
1,240
i 7, 262
i 55, 044
1.246
46, 552
47. 394
i 48. 232
48. 224
48. 076
48. 490
48. 434
46.742 1
46.874
46. 994
1 48. 215
do
do
do.
.
158,012
46. 208
46. 928
do
See note marked "d*" for this page.
43,218
41.974
42, 794
18, 434
6,070
« Revisions for August 1952: Total U. S., 113; Boston, 103; San Francisco, 117.
d"1 Beginning in January 1953, materials from the 1950 Census have been used in estimating the labor force statistics. Accordingly, the figures prior to January 1953 are not entirely comparable with those for subsequent months. The new materials were introduced gradually over the 3-month period January-March 1953. As a result, estimates of employment were raised by
approximately 400,000 and estimates of persons not in the labor force by about 200,000. The unemployment estimates were practically unaffected. In September 1953, a further revision in
the estimating procedure was introduced, which again affected the level of employment, but not of unemployment. In comparing the estimates for any month prior to January 1953 with
those for later months, the following rough adjustment factors could be added to the pre-1953 figure (or subtracted from the 1953 figure): Agricultural employment—January, 80,000; February;
160,000; March-August, 250,000; September-December, 450,000; nonagricutttural employment—January, 50,000; February, 100,000; March-August, 150,000; September-December, minus 50,000;
persons not in labor force—-January, 70,000; February, 140,000; March-December, 200,000.
SURVEY OF CURRENT BUSINESS
November 1053
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-ll
1953
1952
September
November
October
December
January
February
March
April
May
July
June
August 1 Septe,,,
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
Wholesale and retail trade
.
do _
Wholesale trade
do
Retail trade
do
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers. - -do
Finance, insurance, and real estate
do
Service and m iscellaneous
...
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
Wholesale and retail trade
Finance, insurance, arid real estate
Service and miscellaneous
Government .
do
do
_ . do
do
do
do
do
do
. do-_.
Production workers in manufacturing industries:
Total (IT. S. Dept. of Labor)
thousands..
Durable-goods industries
...do
Ordnance and accessories
do
Lumber and wood products (except furniture)
thousands..
Sawmills and planing mills
do
Furniture and fixtures
_
do
Stone, clay, and glass products
do
Glass and glassware, pressed or blown
thousands..
Primary metal industries
do
Blast furnaces, steel works, and rolling
mills
thousands
Primary smelting and refining of nonferrous metals
thousands. _
Fabricated metal prod, (except ordnance, machinery, transportation 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
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
thousands
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
thousands
Women's outerwear
do _.
Paper and allied products
do
Pulp, paper, and paperboard mills do
Printing, publishing, and allied industries
thousands ._
Newspapers
._
do.
Commercial printing
.. . d o
Chemicals and allied products
do
Industrial organic chemicals
do
r
Revised.
*> Preliminary.
' 49, 416 ' 49, 218 ' 49, 412 v 49, 608
' 17, 162 ' 17, 055 ' 17, 253 v 1 7, 189
r
' 10, 121
9, 991 ' 10, 004 v 9, 935
r
7, 041
' 7, 064 r 7, 249
" 7, 254
••824
' 835
'830
* 825
101
100
100
v 100
54
48
50
290
299
290
P291
339
49, 095
16, 778
9,594
7, 184
871
99
63
330
49, 310
16. 874
9,7,50
7,124
871
101
62
331
50, 140
16, 952
9,856
7, 096
870
102
62
331
48, 382
16,884
9,880
7,004
866
102
61
331
48, 369
17,013
9,989
7,024
856
101
60
325
48, 685
17, 135
10, 103
7, 032
846
100
57
318
48,860
17,077
10, 117
6,960
835
100
51
310
49, 058
17, 040
10, 096
6, 944
831
100
56
300
280
106
2,794
4,281
1,411
133
682
48
548
274
106
2,728
4,296
1,423
132
682
49
543
272
105
2,648
4,286
1,413
132
684
49
539
273
102
2,497
4, 293
1, 406
132
687
49
541
275
98
2, 303
4, 210
1,368
126
685
49
541
272
98
2,280
4,210
1,356
132
089
48
541
271
99
2, 301
4, 235
1, 361
131
694
48
543
272
102
2, 416
4.244
1,376
131
682
48
542
27]
104
2, 509
4,279
1,387
131
697
49
544
'276
' 105
' 2, 608
4, 315
' 1, 400
131
700
49
552
10, 295
2,730
7 565
1,424
1, 356
778
1, 976
5, 364
494
344
174
6, 616
10, 442
2,752
7 690
1,505
1,376
785
1, 973
5, 303
456
344
177
6, 704
10, 650
2,780
7 870
1, 626
1. 382
801
1, 973
5, 266
446
342
175
6,742
11,218
2,787
8 431
2, 013
1, 407
815
1,978
5, 237
447
342
173
7, 095
10, 283
2, 747
7, 536
1,407
1,371
808
1.969
5. 1 92
443
342
172
6, 675
10, 214
2, 743
7,471
' 1,355
1,381
810
1, 977
5, 194
451
340
172
6, 625
10, 284
2, 730
7, 554
1, 396
1,389
813
1, 993
5. 225
456
340
175
6, 666
10,314
2, 713
7, 601
1, 397
1,398
820
2, 014
5, 307
464
344
181
6, 653
10,348
2 712
7 636
1, 406
1, 399
829
2, 025
5, 357
470
349
184
6, 669
' 10, 415
'r 2, 729
7, 686
' 1, 402
48, 406
16,412
880
2,611
4, 259
10,333
1,986
5. 285
6, 640
48, 664
Hi, 546
867
2. 574
4, 303
10,390
1, 993
5, 303
6.688
48, 857
16,755
870
2, 571
4, 293
10,366
1,993
5, 292
6, 717
48, 957
16,870
871
2. 548
4,281
10,397
1,988
5. 290
6, 71 2
49.014
16,949
872
2, 531
4, 246
10,437
1 , 989
5, 298
6, 692
49, 113
17,039
867
2, 562
4. 261
10. 445
1,987
5, 300
6, 652
49, 148
17,168
854
2, 529
4.272
10,390
1, 993
5, 305
6, 637
49, 154
17, 229
838
2. 517
4, 266
10,402
2, 004
5, 307
6, 591
49, 297
17, 276
833
2,484
4,282
10, 466
2,015
5, 304
6, 637
' 49, 486 * 49, 516 r 49, 313 v 49, 136
' 17, 319 r 17, 290
' 17,r 127 P 16, 930
r
'831
817
821
"818
* 2, 508
' 2, 512 r 2, 504
2, 495
4, 282
'
4,
294
'
4,
284
4,315
r
' 10, 521 f 10, 538
10, 507 p 10,509
r
'r 2, 026 T 2, 041
2, 053
2, 064
5, 317
' 5, 337 rT 5, 336
5, 315
t>, 682
6,687
6, 681
6, 690
13, 477
7 634
132
13, 560
7,774
132
13, 634
7, 916
134
13, 699
8, 010
137
13,619
8, 020
139
13, 733
8,115
142
13. 831
8,211
147
13, 758
8, 215
150
13, 699
8, 179
156
751
448
316
455
728
440
322
459
730
433
329
461
704
420
330
458
676
4 Of)
329
451
677
404
332
453
688
408
333
459
701
416
329
462
713
422
322
461
87
1,109
87
1, 116
88
1,126
87
1, 137
87
1, 139
88
1,142
90
1, 145
91
1, 144
556
557
557
561
562
563
564
42
41
41
41
41
42
42
48. 892
16, 680
9, 440
7,240
886
100
63
' I, 406
r
839
'r 2, 046
5, 397
' 496
354
' 187
6, 638
r
13. 7S7
' 8. 190
r
158
'280
r
105
' 2, 663
' 4, 341
1 . 409
131
710
48
559
r
284
'106
' 2, 704
' 4, 334
1, 406
129
704
48
560
10, 368 ' 10, 352 p 10, 470
2, 740
2,739
2,736
7. 628
7,613
7,734
' 1, 353
1, 354
1, 408
' 1, 402
1,393
1,399
r
'847
854
"853
' 2, 072
2,074
2, 054
' 5, 417
5, 416
5.. 395
' 542
546
354
350
- 181
176
r
6, 478
6, 449
P 6, 668
r
r
* 13, 656
' 8, 038
161
r
13, 852
8, ()50
r
159
r
r
' 731
' 432
3i7
405
717
' 424
'316
'455
91
1, 138
92
1. 143
'86
1, 133
90
' 1, 132
562
562
567
569
570
42
43
r
43
"44
44
956
'937
r
*» 106
v 2, 670
v 4, 337
r
r
r
724
432
318
463
P 13, 802
p 7, 993
P 161
r 707
"316
r> 467
^ 1 111"
862
888
903
922
931
942
952
952
952
121
1, 208
824
I, 355
674
474
138
58
230
393
124
1,227
851
1,411
701
501
137
59
234
408
125
1, 260
872
1, 450
735
510
137
56
237
415
125
1,301
893
1, 484
750
524
140
58
240
404
122
1,313
899
1,509
769
531
139
58
241
393
124
1,323
916
1,543
798
538
137
59
241
404
124
1,335
925
1,574
821
542
137
63
244
410
125
1, 321
926
1, 576
831
533
139
62
244
411
123
1, 307
919
1, 556
816
532
135
61
244
413
' 123
' 1, 300
911
r
1, 548
'r 803
535
' 136
63
245
' 415
120
' 1, 268
' 895
' 1, 510
'773
'538
134
54
242
'403
5, 843
1 309
247
87
348
186
137
117
1.127
501
232
5, 786
1 223
244
83
253
187
134
117
1, 135
503
236
5, 718
1 142
' 254
80
172
187
132
109
1,146
506
239
5, 689
1 093
256
78
143
184
129
108
1, 146
508
236
5, 599
1 045
249
76
132
179
124
101
1. 132
502
230
5, 618
1 033
241
78
129
180
122
94
1,134
502
232
5, 620
1 025
' 238
80
123
180
125
87
1, 134
499
235
5, 543
1 027
233
83
134
179
127
85
1,119
494
233
5, 520
1 051
233
87
146
181
132
85
1,117
494
232
' 5, 597
r
r
5, 618
1, 183
240
94
r
244
184
r
140
85
1,102
492
228
5, 802
p 5, 809
D i 288
1, 255
239
92
310
182
144
T
109
P 114
' 1, 110 P 1, 104
488
233
1. 106
124
1 103
123
1 104
122
1 114
121
1,109
119
1, 137
124
1, 139
126
1,086
124
1,061
125
' 1, 072
* 127
r
1,r 047
l!8
r
276
340
425
217
279
330
432
219
280
331
435
219
280
347
441
224
279
351
436
223
284
360
437
223
289
356
439
223
289
318
440
222
288
298
440
222
288
' 309
' 446
225
497
146
158
512
185
504
146
160
518
187
505
147
161
518
188
505
147
162
518
189
498
144
161
516
190
497
144
159
519
189
499
146
159
526
190
498
146
158
526
191
499
148
158
517
192
< 502
148
159
r 1, 097
237
"94
' 165
184
' 132
85
1, 122
497
232
r 513
195
T
r
122
1>r 241
907
1) 499
757
543
130
58
'240
r
419
499
147
158
511
196
» 950
p ] 224
P 918
v 1 . 473
j> 245
^422
r
r
1,107
130
274
313
443
225
r
948
289
338
451
227
r
500
147
158
513
198
* 1, 079
P 453
»510
p 514
SURVEY OF CURRENT BUSINESS
S-12
November 1953
1952
I'nless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
September
October
1953
November
Decem
ber
January
February
April
May
June
July
.September
August
EMPLOYMENT AND POPULATION—Continued
EM P LO YM ENT—Con t i nued
Production workers in mfg. industries— Con.
Total (U. S. Dept. of Labor)— Continued
Nondurable-goods industries — Continued
Products of petroleum
and coal
thousands. _
Petroleum refining1
do
Rubber products
_
..do . _
Tires and inner tubes.
-.-do
Leather and leather products
- do
Footwear (except rubber)..
- do ...
190
145
208
90
-352
Manufacturing production-worker employment
index, unadjusted (U. S. Dept. of Labor)
1947-49 = 100..
Manufacturing production-worker employment
index, adjusted (Federal Reserve). -.1947-49 =100..
189
144
188
144
187
144
186
144
186
144
186
144
188
144
229
213
90
352
225
217
91
355
226
219
92
359
232
219
92
359
236
219
91
364
238
221
92
363
238
221
92
355
232
109.0
109.6
110.2
110.8
110.1
111.0
111.8
106. 8
107.8
109.2
110.0
110.6
111.2
315,261
138, 599
121,337
284, 896
109, 889
119,630
250. 904
77, 795
117,558
239,117
66, 668
116,321
233, 697
65,912
112,723
2,386
247
2. 383
246
2. 378
245
2, 370
245
- 2, 348
244
1,285
1,274
1 , 260
1,229
1,219
122.5
118. 5
121.4
120.3
119.8
121.7
117.1
121.8
116.1
119.0
116.5
119.4
143.3
145.7
146. 3
1 50. 9
148.4
149. 3
41.2
41.9
42.7
41.4
42.2
42.3
41.1
41.9
41.0
41.7
42. 5
41.7
41.0
41.8
41.0
41.5
41.3
42.1
41.4
39.7
41.1
41.9
41.7
42.5
42.1
40.7
41.3
41.2
41.1
42.1
41.3
39. 9
41.4
41.4
41.0
42. 8
41.5
40.7
41.8
40.9
40.6
41.1
41.7
41.4
42.1
41.7
42.7
41.6
42.2
41.8
43.6
40. 4
39. 8
42. 2
41.6
40.3
42. 3
41. 5
44.4
42. 5
4J.8
41.4
40. 3
40.2
40. 1
39. 3
Miscellaneous employment data:
Federal and State highways, total§
.number.. 334, 323
149,271
Construction (Federal and State)
do
126,444
Maintenance (State)
do
Federal civilian employees:
2, 390
Uri ited States
thousands . .
247
Washington, D. C., metropolitan area. _ do
Railway employees (class I steam railways) :
1,272
Total
thousands
Indexes:
121.3
Unadjusted
1 935-39 = 100 . .
118.4
Adjusted
do
188
143
220
93
344
226
190
145
220
92
- 351
- 231
111.2
110. S
- 111.5
112.0
112. 4
112.6
* 112.7
240, 604
71,537
112,856
259, 370
91 , 1 51
112,583
' 2, 331
241
'2,313
238
280, 496
110,780
312.091
131.103
114 107
120. 212
r
r
r
r
191
146
214
91
344
224
r
110.4
112.4
- 326. 974
190
146
•?16
90
351
229
p 189
v 216
•P 342
* 112.0
" 111.6
111.1
p 109. 6
" 325, 386
140,319
o 138.343
194 974
v 123 676
2. 268
230
2, 245
227
"2.218
p224
2. 291
-234
' 2. 291
234
1 , 239
1 251
1,263
1 274
- 1 271
•p \ 259
118.1
1 20. 0
119.3
11 9. 8
120.4
118 S
- 121.5
118 9
p 121.0
p 11$ ~,
r> 120.0
P 117 i
151.9
150.0
1 49. U
i.'n. 8
- 149. 1
- 151.7
p 148. 6
40.9
41.7
41.6
41.1
41.9
41.2
40.8
41.6
40.7
40.7
41.5
41.4
40 5
41. 1
P 39 g
"40.4
f 40 4
40.7
40.3
41.4
40.6
39. 6
41. 7
41.0
40.6
41.5
41.0
39.9
41.4
40.9
40.4
41.6
41.3
40. 6
41.7
41.0
40.7
41.3
41.1
39.7
41.2
40.8
40. 5
40.9
41.2
39.8
41.3
41.4
- 41.2
41.0
41. 1
r
40. 0
r
41 4
41.0
41.4
40.9
40.9
40. 3
41. 1
- 40. 9
41.6
41.8
41.9
41.7
41.7
41.6
41.6
42.5
42.4
43. 3
42.4
42.2
42.4
42.2
42.2
42.7
41.7
42.6
43.1
43.0
39.4
40.0
42.4
42.1
41.2
42.6
41.6
41.9
41.9
43. 1
37.8
40.0
42.5
42.0
42.1
43.5
42.1
42.7
42.4
43.9
40.2
41.6
42.8
42.3
40.5
43.0
41.7
41.9
41.4
43. 3
39.6
40. 7
41.8
41.4
41.0
42.8
41.2
41.8
41.7
43.0
38.3
40.6
41.7 !
41. 1 |
41.0
43.1
41.5
41.7
41.8
42.3
39.2
40.5
41.9
41.5
40.7
42.8
41.3
41.6
41.9
42.0
39. 7
40. 2
41.2
40.3
41.8
41.9
43.4
40. 7
41.6
40.8
40.4
40. 5
40.6
39.9
40. 1
41.7
43.4
43. 5
36.2
41.5
41.2
38.5
40.4
40.5
39.8
40. 5
42.1
44.4
43.6
37. 7
41.3
40.9
39. 2
40.8
41.0
39. 1
39.8
41.1
41. 7
43. 8
38.2
40.9
40.3
38.5
40. 1
40.4
38.0
39.8
40.7 !
40. 0
43.9 i
38. 0
41.2
40. 4
36. 9
40. 1 i
40. 2
38.5
PAYROLLS
Manufacturing production-worker payroll index,
unadjusted (U. S. Dept. of Labor).. 1947-49 = 100,
r
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 glassware, pressed or blown do
Primary metal industries
do
Blast furnaces, steel works, and rolling
mills . ._
. _
hours
Primary smelting and refining of non ferrous
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
j
Miscellaneous mfg. industries
do
Nondurable-goods industries
Food and kindred products
Meat products
Dairy products . - . _ . - . - _ . _ _
Canning and preserving
Bakery products ._
Beverages
Tobacco manufactures
..
Textile-mill products
Broad-woven fabric mills
Knitting mills
...
do
do
do
do
do
do
do
do
do
do
do
'•
!
'
i
!
i
I!
1
!
41.4
41.3
40 4
40.9
' 41 4
r
T
T
41 0
40 8
4() 1
40.9
38.9
41 2
r 40 C)
r
P 40 4
r
P 40 3
p 40 6
41 3
41. 6
41 0
<• 41. 1
39.9
41 9
P 4Q 3
41. 1
41. 4
Ml. 5
41.5
40.9
42.1
42.0
-41.3
41. 4
; 41.3
40.5
42.5
40.8
41.3
41. 5
41.7
39.7
39. 5
41.6
40.9
- 40. 1
-42 2
r
40. 8
- 41.2
r
41. 5
41.2
39. 5
- 40. 0 '
41.5
40. 9
40.0
r
41 8
- 40. 2
40 6
40 4
41 5
39. 4
r
39 1
40. 7
40.0
39. 8
41 8
- 40. 9
- 40. 5
39 8
41 8
39.4
39 3
41.1 i
r
40. 5 \
40.0
40.8
40.3
43.4
37.6
41.6
40.2
37 8
40. 0
40.0
38.7
39. 5
40.4
39.9
43. 2
36. 6
41.2
40. 6
37.2
39. 3
39.7
37. 3
39. 5
41. 1
40. 6
44.0
37. 6
41.3
4! 6
37. 0
39.4
40 1
37.2
r
39 7
r
41.7
' 41. 5
44.7 I
"38.1 1
r
41.9
r
42 6
37.0
- 39. 5
r
39. 9
- 37. 5
39 6
- 41 7
- 40 8
44. 6
r
40 0
41 6
43 ''
37 5
39 1
39 5
- 37 4
r 39
37.3
37.7
37.7
38.9
37. 0
37.6
36.5
37.7
36.4
- 36. 9
- 36. a
37.9
36. 4
43.0
43.9 !
38.4
36. 3
43.3
44.0
37.8
36.0
43. 0
44.1
37.3
35. 2
43. 0
44.0
37.4 !
'34.7
r
43. 1 1
-44.2
36. 8 •
- 34.8
43 1
44.2
37.3
35. 2
- 43 2
44. 3
38.6 1
35.7
39.9
41.3
40. 3
40.3
40 1
41.3
40.8
39.4
39.4
39.1
36.0
40.5
41.5
40.8
40. 5
40 4
41.6
41.7
39.3
39.1
38.9
36.4
40.2
41.5
40.9
40.5
40.3
41.1
40.7
37.8
37.2
39.0
36.7
40. 1
41.5
41.1
41.1
40. 6
40.3
40.4
37.4
36.7
38.8 i
36.5
40.0
'41.4
41.0
'40.8
40.5
-40.7
- 40.0 !
-38.2 ;
-37.8
- 38. 6
36 0
40 1
41.1
-40.8
Ml. 4
41 2
-40.7
- 40. 6
38.8
p 38. 6
36 0
40 1
- 40.9
Ml. 4
40. 6 ~~"p~41.~4~
Ml.O
40 4
- 39. 6
39.0
"35. 5
- 37. 9
37.3
j
Apparel and other finished textile products :
36. 7
37.2
37.2
37.2
37. 3
hours..
36. 8
36.4
35.8
36.1
36.7
Men's and boys' suits and coats
.do... . !
Men's and boys' furnishings and work
38.4
38.2 !
37.3
38.8
39.0
clothing
hours
36. 2
35.9
35.2
Women's outerwear
do .
34.7
35. 5 i
43.8
44.0
i
43. 5 i
Paper and allied products
do
43.1
43.8
44.0
44.4
44.5
44.2
44.0
Pulp, paper, and paperboard mills ~ do
Printing, publishing, and allied industries
39.0
39.5
39. 3
38.7
39.0
hours.. 1
37. 1
36. 5
Newspapers.. ... _
do
35.4
36.3
36.4
Commercial printing
....
do
40.2
40. 8
40.4
40.4
40.5
Chemicals and allied products
do
41. 7
41.5
41. 3
41.7
41.2
40.7
41.3
41.2
Industrial organic chemicals
do
41.0
'
40.7
40. 6
Products of petroleum and coal
do
40. 6
40.9
40.9
!
41.2
40. 5
40.5
Petroleum refining
. do
40. 5
40. 7
40. 2
41.1
41.1
41.9
41.5
41. 1
Rubber products
do
41. 1
40.2
40.2
40.7
Tires and inner tubes
do
40.7
39.3
37.6
39.6
38.2
38. 5
Leather and leather products
do
37.2
39.3
36.3
39.3
38.1
Footwear (except rubber) _
do
f
Revised.
p Preliminary.
§Total includes State engineering, supervisory, and administrative employees not shown separately.
40.7
r
p
(\ i
41 6 i
40 6
44 0
40 6
41 4
42 4
- 39 1 •
3S 9 1
39 9
37.7
36. 1
38. i
37. 9
* 40.6
36. 6
37. 2
'
!
!
:
;
p 41 6
v 40 3
T 39 4
* 40. 6
* 39. 4
P 38 6
* 41 2
^ 38 4
» 37 1
p 34. 4
1
P 42 4
SURVEY OF CURRENT BUSINESS
November 1058
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-13
1953
1952
September
October
November
December
Fanuary
February
April
March
May
June
July
August
September
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
A verage 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
Nonmetallic mining and Quarrying
do
Contract construction
do
Nonbuilding construction
do
Building construction
do
Transportation and public t utilities:
Local railways and bus line^
do
Telephone
do
Telegraph
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)
hours
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers... -do
Service and miscellaneous:
Hotels year-round
do
Laundries
do
Cleanin0" 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:
Nonagricultural placements
thousands
Unemployment compensation, State laws (Bureau
of Employment Security):
Initial claims... .
thousands.Ccntinued claims filed . .
do
Benefit payments:
Beneficiaries, weekly average.. .
-do
Amount of payments
thous. of dol...
Veterans' unemployment allowances :d"
Initial claims
...
thousands _
Continued claims
filed
do
Amount of payments
thous of dol
Labor turnover in manufacturing establishments:
Accession rate. ..monthly rate per 100 employees _ .
Separation rate, total
_-do
Discharge
do
Lay-off.. ._
do ___
Quit
do
Military and miscellaneous .
.do
44 9
34. 1
38.9
44 3
32. 1
32.3
43 5
35. 8
35. 5
43. 5
34.5
36.4
43.0
28.3
35. 4
42.9
34.7
32.7
43 1
26.6
33.1
43.2
25.3
32. 1
43.8
31.0
34.4
'43.7
"36.8
••36.5
M2.9
' 33. 0
'34.3
44.2
24.7
37.8
41
46
39
43
38
3
4
8
6
8
40
46
39
43
38
6
4
6
1
7
41
44
37
39
37
5
6
5
0
1
40 $
44.0
38 5
40.1
38 2
41 2
42.8
37 2
38 5
36 9
40 5
43^2
37 4
38. 9
37 1
40
44
37
38
36
7
1
I
3
8
40 8
44.8
37 3
39.0
36 9
41 2
45.2
37 9
40.0
37 3
r
40 1
'45.7
'38.6
Ml.
9
r
37. 7
41.3
45.4
38.1
' 41. 6
37.2
41. 6
45.7
38.6
42.6
37.5
46
39
42
41
0
0
6
6
45 9
38 9
42.3
41 6
45
38
41
41
5
9
9
9
46 0
38.8
42.1
41 fi
44 5
38 6
41.6
41 7
44 8
38 3
41.5
41.2
44 9
38 2
41.6
41 2
45 3
38.3
41.6
41.1
45 7
38.7
42.4
41.2
' 45.6
'39.0
42.0
Ml. 5
r 44. 7
39.0
42.0
Ml. 8
44.5
38.6
42.0
41.5
40 7
40 7
40 7
40.9
40 4
40.5
40 4
40.3
40.3
MO. 4
MO. 7
40.7
39 7
35 3
39 8
45.2
39 4
34 8
39 3
45.4
39 0
34 4
39 3
45.1
39.8
37 0
39 4
45.4
39. 3
35 0
39 2
45.3
39 2
34 7
39 1
45.0
39 2
34 7
38 9
45.0
39.1
34 8
38 8
44.9
39 0
34 7
38 7
45.0
39.4
35.4
r
39. 3
44.9
40.0
36.2
39.9
' 45. 0
40.0
36.0
39.8
44.9
42 4
41 0
41 5
42 4
40 9
41 9
42 3
40 5
40 5
42 9
41 2
41 0
42 4
41 0
40 2
42 3
40 5
39 4
42 1
40 6
40 2
42 5
40.8
40 5
42 1
41 5
41 9
42.0
MO. 9
Ml. 3
42.3
40.2
39.4
42.9
39.9
39.0
522
250
459
450
269
99
179
34
350
200
350
120
450
180
500
275
525
270
500
250
475
260
450
230
375
110
700
378
3,390
.39
650
584
5, 000
.53
475
215
1,560
.20
350
82
854
.09
500
2,50
1,250
. 15
550
200
1,000
.12
650
230
1,100
.12
700
350
2, 500
.27
750
370
3.000
34
725
400
3,750
.40
700
410
3,000
.30
675
400
2,800
.31
600
210
1, 550
.17
658
641
507
467
474
455
521
553
577
612
574
572
605
568
2,985
679
2,746
690
2,576
1,126
3,844
1,074
4,602
761
4,223
831
4,288
888
4,081
802
3 567
825
3,587
1,036
3,648
807
3,280
822
3,224
631
62, 094
530
54, 227
536
47, 730
672
69, 068
953
94, 360
956
86, 827
930
92, 308
840
82, 990
772
72, 144
734
72, 033
675
63, 175
679
64, 579
651
65, 300
17
49
988
26
93
2 101
31
134
3 274
24
152
3 671
23
168
4 407
20
151
3 892
19
125
3 144
24
127
3,095
27
135
3,322
130
3,234
5.1
4.2
.4
.9
2.6
.3
4.1
4.3
.4
1.1
2.5
.3
M.3
M.8
.4
1.3
2.9
.3
v 4.0
p 5.3
pA
p 1.5
71.69
77.27
78. 94
p 70. 49
p 76. 36
P 79. 59
68. 15
69. 47
62. 73
71.51
p 61. 66
p 71. 46
0)
0)
(i)
0)
9
2
2
6
2
5.6
4.9
.4
.7
3.5
.3
5.2
4,2
4
.7
2.8
.3
4.0
3.5
4
.7
2.1
.3
3.3
3.4
.3
1.0
1.7
.3
4.4
3.8
.3
.9
2.1
.4
4.2
3.6
.4
.8
2.2
.4
4.4
4.1
4
.8
2.5
.3
4.3
4.3
4
.9
2.7
.3
4.1
4 4
4
10
2.7
3
69.63
75.42
79 85
70.38
76.38
78 26
70.28
76.26
75 03
72.14
77.78
76 73
71.34
76.91
75 85
71.17
77.15
77 38
71.93
77 52
77 46
71.40
77 38
76 52
71.63
77 19
78 25
67.23
66 91
62 31
67 48
66.62
66 72
63 33
69 47
65.92
65 76
63 15
68 97
65.00
64 37
64 63
69 31
63. 09
62 47
62 51
68 21
63.96
63 34
62 67
69 29
64.21
63 43
63 65
70 21
65. 19
64 71
63 19
70 28
66. 10
65 61
62 58
70 86
63.12
81.79
64.71
81 77
64.64
82 80
65. 53
84 02
64. 15
84 65
66. 23
83 21
67.80
84 23
67.89
83 22
68. 46
83 84
87 12
84 45
86 31
86 51
89 01
85 89
85 89
84 63
86 72
77 56
77 00
77 79
78 58
79 61
79 65
79 27
79 46
79 46
74.52
75.65
75.90
78.37
76.74
76.80
77.59
77.23
77.04
73.39
79.85
69 89
75. 12
80.70
70 89
73. 34
80.94
70 72
75.78
83.52
71 57
72. 90
82 99
71 72
74.21
83 03
71 28
74.21
84 05
72 21
74.48
83 46
71 86
73.31
82 Q88
70 9
24
21
118
3, 042
*>3. 1
P. 3
WAGES
Average weekly earnings (TJ. 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, clav, and glass products
do
Glass and glassware, pressed or blown
dollars ..
Primary metal industries
do
Blast furnaces, steel works, and rolling mills
dollars
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, and trans, equip.)
dollars. _
Heating apparatus (except electrical) and
plumbers' supplies
dollars. _
Machinery (except electrical)
.do
Electrical machinery
.
do
Transportation equipment
do_
Automobiles
_
do
Aircraft and parts.
... ._ ._ _ -do
Ship and boat building and repairs. .-do
Railroad equipment- .. __
do
Instruments and related products... _ _ do. _.
Miscellaneous mfe. industries
do
r
84.82
88 20
84.15
77.16
76.02
73.43
62.82
86.48
92 23
83.42
75. 65
76.80
74.20
63.99
2
85.48
89 25
84 48
72.95
76 80
74.38
64.2fi
87.11
90 31
86 04
77.99
81 12
75.76
65.57
85.06
86 94
85 73
76. 03
79 37
73 57
64. 1 7
85 69
87 99
85 14
76. 60
79 98
73 39
64. 12
85 49
88 20
84 18
78 79
81 41
73 74
64. 74
85
88
83
80
81
72
64
70
83
16
19
61
10
43
84
87
82
80
79
73
67
15
57
19
79
22
64 91
T
r
r
71. 63
77.42
78.88
67. 48
67. 16
02. 73
70.69
r
r
r
71.51
76.89
78. 66
67. 24
66. 50
61. 35
70. 76
r
r
r
r
68.23
85. 70 ~"p~85.~63~
'r 68. 40
84. 87
' 66. 91
' 85. 70
T
87. 53
* 90. 42
90.67
T
80. 10
r
80. 16
77.28
' 76. 41
72. 98
'r 82. 29
71. 40
72. 80
r
r
r
r
r
r
r
85. 70
89 23
81. 99
79. 40
81. 20
73. 87
63. 80
r
T
80. 51
81. 51
76. 59
•" 70. 75
r
r
r
r
r
84. 45
80. 86
82. 59
HO. 77
78. 20
72. 04
62. 80
r
r
v 66. 66
P 75. 52
72. 44
81.93 ~"p~82.~37~
72. 39
v 71. 33
83. 43
84. 77
83. 18
80.77
79. 78
73. 57
63. 59
p 81.56
P 73. 89
P 62. 25
Revised.
p Preliminary.
' Less than 500 claims.
See note marked "dV'
d"Figures beginning November 1952 include unemployment compensation benefits under the Veterans' Readjustment Assistance Act of 1952 (data compiled by the United States Department of Labor, Bureau of Employment Security) in addition to the allowances under the Servicemen's Readjustment Act of 1944 (data compiled by the Veterans Administration). The BE8
data cover veterans with military service since June 1950 and include those filing for payments to supplement benefits under State programs but exclude veterans filing for payments to supplement benefits under the railroad unemployment insurance program; the number involved under the latter program is relatively small.
SURVEY OF CURRENT BUSINESS
S-14
11 re 5 ess otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
September
Decem-
October
nuary
February
March
April
May
June
August
Ju
EMPLOYMENT AND POPULATION—Continued
WAGES—Continued
I
Average weekly earnings, etc.—Continued
j
All manufacturing industries—Continued
\
Nondurable-goods industries
dollars... i
Food and kindred products
do
j
Meat products
do
j
Dairy products
do
j
Canning and preserving
do
I
Bakery products
do
i
Beverages
do
j
Tobacco manufactures
do
!
Textile-mill products
do
!
Broad-woven fabric mills
do
;
Knitting mills
do
:
Apparel and other finished textile products j
dollars...!;
Men's and boys' suits and coats
do
Men's and boys' furnishings and work |
clothing
dollars. _ j
Women's outerwear
do
j
Paper and allied products
do
j
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
Rub her 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
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)
dollars..
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers. _. do
,
Finance, insurance, and real estate:
|
Banks and trust companies
do
Service and miscellaneous:
|
Hotels, year-round.__
do
Laundries
do
Cleaning and dyeing plants
do
Average hourly 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 glassware pressed or blown
dollars..
Primary metal industries
do
Blast furnaces, steel works, and rolling mills
dollars..
Primary smelting and refining of nonferrous
metals
dollars. _
Fabricated metal prod, (except ordnance,
machinery, transportation equipment)
dollars..
Heating apparatus (except electrical) and
plumbers' supplies
_dollars_.
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment
do.
Automobiles
do..
Aircraft and parts
do.
Ship and boat building and repairs...do
Railroad equipment
do..
Instruments and related products
do..
Miscellaneous mfg. industries
do.
Nondurable-goods industries
Food and kindred products
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
f
Revised.
* Preliminary.
do.
do.
do .
do.
do.
do.
do.
j
63. 20
66. 17
71.86
67, 32
52. ?6
64. 02
76. 54
46. 99
53. 98
53. 73
48.36
'r 63.52
67.14
' 74. 29
68. 39
'51.44
r
65. 36
r
79. 66
'T 46.99
53.72
'r 53.47
48. 38
41. 58
51.84
71.81
77.62
41.03
50. 34
72.24
77.44
r
83.76
87.82
82.19
73.10
77.38
87. 45
91. 03
79. 30
91.80
53.19
51.61
85.19
91.36
84. 02
74.29
79.76
88.29
91.88
79. 32
91. 58
51. 79
49.10
85. 80
92.85
83.81
75.12
79. 73
89.60
92. 57
78. 18
91.30
51.61
48.81
85. 36
' 92. 35
84.00
' 75. 35
80. 36
r
88. 94
91.94
r
78. 55
*r 89. 20
52. 33
r
49.90
84.08
86.75
81.42
84.67
61.99
79.61
86.29
77.19
84.97
r
r
88.29
70.85
89.01
85.19
89.78
88.13
74.37
89.15
85.02
90.04
88. 99
75. 94
90. 58
87.20
91.01
' 87. 02
' 76. 78
* 92. 25
'91.34
'91.99
76.61
63. 58
73. 46
77.46
77.92
63.20
73.63
78.50
79. 06
64. 63
75. 90
79. 52
'78.89
' 65.13
75.60
' 80. 22
70.12
70. 93
'71.10
' 72.04
72.04
53.96
37.93
57.81
74.09
54. 21
38. 52
57. 66
74.70
55.16
39. 65
' 58. 95
74.98
56.40
40. 54
60.25
'75.15
56.40
39. 96
60.10
74.98
54. 40
62. 70
71.62
45. 54
54. 67
54.14
50. 30
62 06
63. 54
71.65
64. 23
54. 13
62. 40
70.18
46. 06
55. 08
54. 81
51.07
62.56
64. 64
75. 08
65. 25
48. 51
62. 67
72. 51
45. 05
55. 35
54. 68
50. 94
62.88
64.71
70.00
67.61
53. 20
63.04
71. 51
45.39
54.94
54.27
50.05
49.10
55. 42
48. 73
54.51
48. 36
53. 70
49.98 |
57.30 I
47. 73
56.78
41.64
54. 32
70.91
75. 68
42.51
51.70
71. 83
76. 47
42. 29
51. 74
72.27
77. 26
41.31 I
55. 69
71.81
77.26
83.71
89.06
81. 41
71.04
76. 92
88.99
91.94
75. 21
86.28
51.21
48.77
83. 07
88. 82
81.61
71.38
77.08
87.94
90.85
75. 53
85.88
51.19
47.99
83.07
88. 57
81.20
72. 56
78.06
87.94
91.98
76.86
87. 23
50. 76
47.19
85.76
76. 73
87.91
84.61
71. 58
75. 58
85.26
80.91
86.27
84. 83
85. 56
91.73
89. 21
75.17
91.94
94.18
91.18
75.63
92.66
94.39
92.11
90.47
73.14
88.13
85.02
88. 67
87.72
71.28
90.86
87.02
91.68
77.74
62.79
74.55
76.13
77. 57
63.80
74.87
76.96
77.81
64.57
73. 74
78.77
78. 66
63. 63
74.10
78.21
68.38
69.19
69.19
69. 53
53.19
37.93
56. 59
71. 73
52. 65
37.15
56.99
71.26
52. 54
38.48
57.13
71. 28
62. 06
63. 03
70. 55
65. 71
53.20
38.12
56. 52
70.51
89. 40
70.19
88.16
83. 93
88.93
i
i
62. 81
64.64
70.62
66.10
51. 61
63. 45
73. 49
47.62
53. 84
53. 20
48.49
;
;
I:
;
!
53. 70
38.17
57.48
71. 55
Ml. 51
' 50.66
72. 41
' 78.68
* 86. 96
91. 63
91. 25
52.41
53.07
53. 42
53.56
54.61
54.47
54. 65
' 54. 28
' 55.04
36.89
38.95
46.07
37. 31
38. 86
46.51
37. 22
38.88
44.96
37. 75
39. 55
45.92
37. 31
39.36
45.02
37. 65
38. 88
43. 73
37.83
39. 58
45.36
37.89
40.67
48.19
' 40.08
' 47. 08
38.49
39.40
' 44.92
38.61
39.10
44.46
1.69
1.80
1.87
1.70
1.81
1.85
1.71
1.82
1.83
1.73
1.83
1.84
1.74
1.84
1.85
1.74
1.85
1.86
1.75
1.86
1.88
1.76
1.86
1.89
1.76
1.87
1.91
1.77
1.88
' 1.90
1.77
1.88
1.93
1.62
1.62
1.48
1.63
1.57
1.60
1.49
1.65
1.60
1.60
1.50
1.67
1.57
1.57
1.51
1.67
1.55
1.55
1.51
1.68
1.56
1.56
1.51
1.69
1.59
1.59
1.53
1.71
1.62
1.62
1. 53
1.72
' 1.63
'1.63
1.53
1.72
1.64
'1.63
' 1. 53
1.73
1.65
1. 67
'1.53
' 1.74
1.59
1.99
1.59
1.98
1.62
2.00
1.61
2.01
1.62
2.03
1.66
2.01
1.71
2.02
1.72
2.03
' 1.71
2.05
' 2. 08
1.71
' 2.08
2.08
2.10
2.15
2.10
2.10
2.11
1.91
1.91
r
1.87
'2.20
1.93
' 1.94
1.82
1.95
1.75
1.82
1.95
1.76
1.77
1.78
1.79
1.81
1.81
1.83
1.83
1.76
1.87
1.68
1.78
1.89
1.70
1.78
1.90
1.70
1.80
1.92
1.70
1.80
1.93
1.72
1.81
1.94
1.73
1.81
1. 95
1.74
1.83
1.95
1.74
1.81
1.95
1.74
2.01 |
2.11 !
1.93
1.91 j
1.91 !
1.74 i
1.51 i
2.03
2.14
1.94
1.92
1.92
1.75
1.52
2.04
2.13
1.96
1.93
1.92
1.75
1.53
2.04
2.13
1.96
1.94
1.95
1.77
1. 55
2.03
2.10
1.98
1.92
1.95
1.76
1.55 |
2.05
2.11
1.98
2.00
1.97
1.76
1.56
2.05
2.11
1.99
2.01
2.01
1.76
1.56
2.06
2. 12
1.98
2.02
2.03
1.75
1.56
2.05
2.10
1.98
2.02
2.02
1.76
1.57
r
2. 08
2.15
1.99
2.01
2.03
'f 1.78
1. 56
1.54 I
1.49 1
1.70
1.48
1.28
1.50
1.73
1.54
1.52
1.71
1.48
1.33
1.50
1.72
1.56
1.55
1.73
1.50
1.34
1.51
1.76
1.57
1. 56
1.74
1.51
1.37
1.52
1.76
1.58
1.59 '
1.78 :
1.54
1.38
1.53
1.76
1.58
1.59
1.75
1.54
1.40
1.53
1.77
1.59
1.60
1.77
1.52
1.41
1.53
1.79
1.59
1.60 |
1.77
1.53 !
1.41 |
1.54
1.81
1.60
1.61
1.77
1.53
1.39
1. 55
1.84
1.60
1.61
1.79
1.53
' 1.35
1. 56
' 1.87
» 1.78
pl.89
P 1.97
2.19
1.85
r
1.82
1.96
' 1.77
' 1.98
' 1.77
' 2. 08
2.15
' 1.99
2. 05
2. 00
1.77
1. 57
' 2. 06
2.13
1.99
2.05
2.03
' 1.79
1.57
p 1.82
pl.58
1.61
1.60
1.79
1. 56
' 1. 35
1.58
' 1.88
1.61
' 1. 59
1.80
1.55
1.36
1.59 !
1.89 i
r
•» 1.63
? 1. 62
SURVEY OF CURRENT BUSINESS
November
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
8-15
1952
September
rtnhpr
O
October
1953
November
December
February
January
March
April
May
June
July
August
EMPLOYMENT AND POPULATION—Continued
WAGES—Continued
Average hourly earnings, etc. — Continued
All manufacturing industries — Continued
Nondurable-goods industries— Continued
Tobacco manufacturesdollars.
Textile-mill products
do
Broad-woven fabric mills- .
_do ...
Knitting mills
do
Apparel and other finished textile products
dollars...
Men's and boys' suits and coats., do . _ _
Men's and boys' furnishings and work
clothing .
dollars Women's outerwear
do.
Paper and allied products
_ do.. .
Pulp, paper, and paperboard mills, .do
Printing, publishing, and allied industries
dollars ..
Newspapers
do
Commercial printing
do
Chemicals and allied products
do
Industrial organic chemicals
do
Products of petroleum and coal
do
Petroleum refining
do
Rubber products
- - do
Tires and inner tubes . . _
...do
Leather and leather products
do
Footwear (except rubber) . . .
do
Nonmanufacturing industries:
Mining:
Metal
.
do
Anthracite
do
Bituminous coal
do.
Crude-petroleurn and natural-gas production:
Petroleum and natural-gas production
dollars,
Nonmetallic mining and quarrying
do
Contract construction _ _.. . . _ . . . _ . . do. Nonbuilding construction
do
Building construction. _ _ . - _ _ . _ . d o .
Transportation and public utilities:
Local railways and bus lines. . do
Telephone
do
Telegraph
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)
dollars
General-merchandise stores.. - .. do
Food and liquor stores
do
Automotive arid accessories dealers., do
Service and miscellaneous:
Hotels, year-round - _ _ . .
.. do ...
Laundries
do
Cleaning and dyeing plants do.
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
dol. per hr
Skilled labor
... - - do Farm wage rates, without board or room (quarterly)
dol. per hr
Railway wages (average, class I)
._ _do. ..
Road-building wages, common labor _
do
1.17
1.37
1. 35
1.28
1.18
1 37
1. 35
1 28
1.21
1 37
1.35
1 29
1.23
1 37
1 35
1 30
1 26
1 37
1 34
1 30
1
1
1
1
28
37
34
30
1 27
1 37
1 34
1 30
r I
1. 28
1.14
1. 36
1.35
1.28
1.32
1.51
1.31
1.51
1.30
1.50
1.31
1.49
1.33
1.51
1.34
1 52
1.32
1 52
1.29
1 51
1.29
1 51
"1.32
r i 59
1.09
1.53
1.63
1.72
1.09
1.49
1.64
1.73
1.09
1.47
1.65
1.74
1.08
1. 50
1.65
1.74
1.09
1 53
1.66
1.75
1.09
1 53
1 67
1.76
1 09
1 50
1 67
1.76
1 10
1 44
1 67
1.76
1 10
1 43
1 68
1.76
r I
2.13
2.44
2.01
1.72
1.89
2.13
2.44
2.02
1.72
1.88
2.13
2.44
2.02
1.74
1.89
2.15
2.47
2 05
1.75
1.90
2.15
2.44
2 04
1.76
1.90
2.17
2.46
2 06
1 77
1.92
2.18
2 48
2 07
1 78
1.94
2.19
2 51
2 09
1 79
1.95
2.16
2.27
1.83
2.12
1. 33
1.28
2.15
2.26
1.82
2.11
1.34
1.29
2.15
2.26
1.87
2.17
1. 35
1.30
2.17
2.28
1.89
2.20
1.35
1.30
2.17
2 27
1.90
2.22
1. 35
1.31
2.17
2 27
1 92
2.25
1.35
1.31
2. 17
2 27
1 93
2.25
1.37
1.33
1.91
2 25
2.26
1.91
2 23
2.34
1.96
2 26
2.43
1.95
2 48
2 52
1 97
2 50
2.48
1 96
2 50
2 49
2. 16
1.62
2.31
2. 16
2.35
2.13
1.63
2.34
2. 19
2.38
2.18
1.64
2.35
2. 18
2.39
2.15
1.62
2.36
2 17
2.40
2.17
1.64
2.37
2. 18
2.41
1.69
1.61
1 75
1.83
1.69
1.64
1 77
1.85
1.71
1.66
1 76
1.88
1.71
1.64
1 76
1 88
1.68
1.70
1.70
1.34
1.08
1.42
1.56
1.35
1.09
1.44
1.58
1.35
1.08
1 45
1.58
1.13
1.36
1. 35
.87
.88
.88
27
T
11
r
1.22
1.36
1.33
1.29
1.21
1.37
1.34
1 57
1.36
1.61
'1.34
1 11
1.12
1. 56
1.70
1.80
1
1
1
1
1 36
1 34
1 29
28
36
34
28
T i 46
1 68
1.78
1 *f>
2.20
2 53
2 09
1 81
1.94
2.20
9 53
r 2. 20
9 in
r 2 ()9
1 82
1. 9f>
1 g4
1.99
2.18
2 28
1 93
2.25
1.37
1 32
2.18
2 28
1 94
2 26
1.38
1 33
2.18
2 ?7
r i 93
r ] 95
r 2 '?3
r 2
1.' 37
1 32
1.37
1 32
1 96
2 47
2 47
1 96
2 45
2 48
1 97
2 49
2 47
1 99
2 49
T 2 50
r 9 47
2.18
1.64
2 38
2 19
2.42
2.18
1.65
2 39
2 20
2.44
2. 16
1.66
2 39
2 18
2 44
2.16
1.68
2 39
2 18
2 44
' 2.17
1.71
1 65
1 77
1*88
1. 71
1 66
1 77
1 88
1.71
1 65
1 89
1.72
1 65
1 77
1 91
1
1
1
1
1 70
1 71
1 72
1 73
1 74
1 76
' 1. 76 1
1 77
1.77
1 32
1.04
1 45
1.57
1 36
1. 11
1 47
1.57
1 37
1 10
1 47
1.59
1 37
1 09
1 48
1.62
1 38
1 09
1 49
1.65
1 39
1 11
1 4Q
1.66
1 40
1.12 i
1 50
1.67 ;
1 41
1 12
1 51
1.67
1.41
1.11
1.51 i
1.67 !
89
91
98
1 14
.90
. 98
L14
1 877
3 021
1. 921
3.062
.88
.88
89
73
67
79
93
2.22
2 32
1.67
1 80
1.93 .
95
96
96
96
1. 11
96
97
1 12
1 12
1 11
1 12
89
97
1 12
90
98
1 15
91 i
98
1 14 !
1 803
2.909
1.817
2.921
1 817
2. 937
I 817
2 937
1 817
2 942
1 817
2 946
1 821
2 949
1 8^4
2 950
1 824
2 955
2 979 i
1.858
1. 853
1.48
1. 906
1. 873
1. 873
1 31
1. 902
1. 857
85
1. 862
1 40
1 877
1 8^7
455
464
417
441
428
408
2 330
1 156
1 136
20
320
$55
25
2 06
r 1. 73
r
1. 11
;
r
'1.68
' 2. 39
2. 18
2. 44
95
89
2 50
r
1. 11
.76
\ 70
1.80
1 8-r>2
r
2.20
2.51
2.09
1.84
1.98
» 2.24
v 1.87
' 2. 23
2. 33
* 1. 92
2. 24
r
1.37
1.32
2 47
2. 06
2.45
2.49
r 2. 25
1.71
* 2. 41
r
2 21
2.46
2. 26
1.72
2.42
2.24
2.47
1.75
1. 65
1 78
1 94
1. 76
1.66
1.78
1. 95
v 2.29
* 1. 38
r
1.921
3. 073
89
1 861
1 52
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 (345 centers)! . ... . . ... do-New York City.
.- do
6 other centers 9
do
454
565
449
591
478
575
492
539
414
775
433
725
2,221
1,102
1,078
23
421
697
150,486
54, 893
32, 322
127, 665
44, 209
27, 064
165, 140
63, 091
35, 179
2,260
1,088
1 , 062 - ,
26
369
803
136, 067
49, 131
28,611
•
Federal Reserve banks, condition, end of month:
51, 852
Assets, total
mil. of dol
51, 341
52, 492
50, 479
Reserve bank credit outstanding, total-. do
25, 855
24, 747
26, 740
25, 825
Discounts and advances,, _. .. do .
1, 591
156
1, 895
477
23, 821
United States Government securities, .do
23, 69-4
23, 575
24, 697
21, 986
Gold certificate reserves
do. _
22, 147
22, 140
22, 145
51,341
Liabilities, total
.. ...
do
50, 479
52, 492
51, 852
21, 344
Deposits, total _. _ __
do. ' 21, 455
22,273 ! 22, 583
Member-bank reserve balances
do
20,616 | 21, 149
19, 950
20, 066
Excess reserves (estimated)
do
620 \
795
—570
319
25,426 ! 25, 949
Federal Reserve notes in circulation
do
25, 215
26, 250
46.4
Reserve ratio
percent. .'
47.5
45.6
46.2
T
Revised.
v Preliminary.
• Rate as of Oct ober 1, 195 3.
§ Rates as of October 1, 1953: Common labor, $!.<)27; skilled labor, $3.0 35.
t Revised series. Bank debits have been revised to include additional centers anci to represent
9 Includes Boston, Philadelphia, Chicago, Detrc it, San Fremcisco, anc1 Los Angeles.
487
504
490
511
468
507
408
696
386
720
2 253
1,128
1 106
22
365
760
333
794
313
825
145. 988
52, 048
129,319
153, 511
53, 898
35, 339
145, 740
52, 038
32, 742
142, 167
50, 255
32, 283
154,098
50, 202
24, 927
485
23, 808
50, 558
25, 546
1, 014
23, 880
21, 383
50, 558
21, 055
50, 389
25, 589
732
24, 246
21, 356
50, 389
20, 976
50, 243
25, 414
64
24, 746
19,740 '•
20,069
351 i
806
25,598 ;!
25,671
r
31,660
51,948
26, 478
1, 735
23, 944
21, 790
51, 948
22, 515
20, 611
614
25, 638
45.3
45. 749
28, 126
51,493
26, 194
1,309
23, 875
21, 480
51, 493
21, 770
20, 511
715
25,681
45.3
21,367
50, 202
20, 421
19, 322
-285
25, 560
46.5
debits t o demand deposits.
45.8
45.8
56, 623
33, 807
21,286
50, 243
20, 396
19, 561
102
25, 831
46.0
435
429
478
451
515
475
319
866
312
854
2,310
1, 177
1. 157
19
331
802
148, 128
51, 799
32, 683
134, .589
45. 51 (i
29, 958
147,873
50, 466
49, 994
25, 958
343
r
24, 989
20, 993
49, 994
20, 623
19, 278
'476
25, 983
45.0
51, 130
26, 252
329
25, 235
20, 933
51, 130
26,176
644
24, 964
21, 085
50, 466
21, 068
19,607
590
25, 872
44.9
Data prior to March I 952 will be shown lattir.
54, 888
31, 422
20,815
19, 309
493
26, 033
44. 7
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November
1952
September
Q ctobor
1953
November
December
January
nrv U ~
^ai>ch
August
Se
g^m*
April
]Vlay
June
July
51, 302
54, 176
53, 708
52, 820
53, 395
r
53, 059
52,81-'
FINANCE— Continued
BANKING—Continued
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month :f
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 (net), total
do
Commercial, industrial, and agricultural _ _ d o
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 :cf
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-month bills
do
3-5 year taxable issues
do
Savings deposits, balance to credit of depositors:
New York State savings banks
mil. of dol _
U , S . postal savings
_ _ _ _ _ . do-.
r
53, 024
54, 314
55, 125
55, 373
55, 546
53,811
54, 526
3, 568
3, 601
17, 095
55, 508
3, 614
3, 487
17, 198
56, 171
3, 610
3. 836
17, 241
58, 264
3, 798
3, 567
17, 533
56, 112
3, 894
2, 362
17, 499
55, 342
3, 790
3, 309
17, 622
52, 785
3, 828
3, 934
17, 698
54. 608
4,241
1,426
17, 792
54, 185
4, 041
1, 356
17, 917
54, 263
3,975
2, 469
18, 068
54. 082
3, 736
5,292
18, 085
r r53, 699
3, 834
r
4 639
r 18, 093
54, 63(
3,71
4,43
18, 25[
16, 144
761
12, 328
39, 642
16, 266
743
12, 241
40,315
16, 289
756
12, 564
40, 796
16, 569
763
13, 689
40, 382
16, 528
770
12, 051
39, 626
16, 641
783
11,863
38, 936
16, 726
777
11,983
37, 180
16, 799
803
11.382
36 864
16, 901
17, 052
17, 074
' 17 083
17, 25<
11, 734
36, 542
12, 359
36, 896
11, 568
40 225
r
\2 056
39 318
12, 45
39,19
32, 018
2,568
2, 666
20, 404
6,380
7,624
37, 081
21, 854
1,422
32, 819
3, 681
2,482
20, 343
6, 313
7,496
37, 639
22, 457
1,444
33, 420
4, 545
2,488
20, 259
6,128
7,376
38, 452
23, 130
1,612
32, 967
4, 163
2, 467
20, 293
6, 044
7,415
39, 104
23, 390
2,002
32. 1 43
3, 710
2,458
20, 000
5 975
7,483
38, 687
23,011
1, 543
31,478
3, 156
2,271
20, 123
5 928
7, 458
38, 775
22, 869
1,459
29, 547
1,701
2, 115
19, 881
5 850
7,633
39, 647
23, 269
1,561
29, 249
1, 583
2 038
19, 857
5 771
7,615
39, 437
23, 133
1,540
29, 144
2,043
1 850
19, 599
5 652
7,398
39, 439
22, 690
1, 547
29,501
2,514
2 090
19, 356
5 541
7,395
39, 649
22, 585
1,719
32 705
2,855
4 985
19, 425
5 440
7, 520
39, 381
22, 643
1,830
f r31 797
2 289
4 705
19,436
5 367
T
7, 521
r
40 067
r T22, 965
1 850
31, 66
2,31
5 52
17, 25
6 57
7,53
39,70
23,10
1,76
778
5,977
827
6,789
751
6,032
621
6,904
734
6,081
433
7,039
807
6, 095
151
7, 253
799
6, 120
480
7,335
795
6, 147
708
7,405
808
6,176
111
7,665
789
6,214
779
6,257
930
7,847
755
6,302
948
7,960
6, 326
2.00
2.71
4.17
2.00
2.71
4.17
3 54
3.31
3.50
3 90
2.00
2.72
4.17
2.00
2.72
4.17
2.00
2.72
4.17
3 73
3 52
3.71
4 05
2.00
2.74
4.17
2 66
2.79
4.17
2 00
2.86
4.17
611
7,760
829
826
822
763
446
7,992
823
r
r
732
80
72
6, 365
6,39
8,016
7,93
762
40
3.49
3.29
3.44
3.84
1.75
2.71
4.17
1.75
2.71
4.17
1.75
2.71
4.17
3.51
3.33
3.49
3.84
1.75
2.71
4.17
1.75
2.31
2.63
2.63
1.75
2.31
2.63
2.63
1.75
2.31
2. 63
2.63
1.75
2.31
2. 63
2. 63
1.82
2.31
2. 63
2.63
1.88
2.31
2.63
2.63
1.88
2.36
2.63
2.63
1.88
2.44
2.90
2.80
1.88
2.68
3.22
3.10
1.88
2.75
3.25
3.13
1.88
2.75
3.25
3.13
1.88
2.75
3.25
3.13
2.7
3.2
3.1
1. 786
2.28
1.783
2.26
1.862
2.25
2.126
2.30
2.042
i 2. 39
2.018
2.42
2.082
2.46
2.177
2.61
2.200
2.86
2.231
2.92
2.101
2.72
2.088
2 77
1.87
12.896
2, 572
12, 943
2,562
13, 046
2,555
13, 257
2,548
13, 359
2,537
13,421
2,524
13, 550
2,510
13, 626
2,496
13, 702
2,477
13, 841
r
2, 458
13, 881
*2,438
13, 920
* 2, 419
14,01
*2, 40
23, 414
17, 047
7,388
4,669
1, 300
3,690
24, 050
17, 572
7, 639
4,871
1, 347
3,715
24, 525
17, 927
7,866
4, 943
1,376
3,742
25, 705
18, 639
8, 110
5,301
1,386
3,842
25, 508
18, 785
8,273
5, 256
1,378
3, 878
25, 262
18,860
8, 470
5, 131
1, 377
3, 882
25, 676
19, 267
8,778
5, 154
1,383
3,952
26, 172
19, 656
9,074
5, 185
1,401
3,996
26, 715
20, 078
9,379
5,231
1,426
4,042
27, 051
20, 489
9, 630
5,289
1,454
4,116
27, 217
20, 854
9,908
5, 308
1,476
4,162
27, 434
21,058
10, 067
5,314
1,494
4,183
27,58
21,17
10, 15
5,30
1,51
4,19
14, 203
6,967
4 362
773
2, 101
14, 614
7,189
4 523
789
2,113
14, 955
7,352
4,670
798
2,135
15, 423
7, 576
4, 833
815
2,199
15, 665
7,696
4 930
818
2,221
15, 876
7,808
5,031
828
2,209
16, 318
8,047
5 174
16, 714
8,253
5,312
17, 496
8,604
5 633
17, 871
8,744
5 816
18, 069
8. 801
5 924
2,241
880
2,269
17, 111
8,433
5 480
18,18
8,80
6 00
1,00
2,37
2,844
990
796
301
757
2,958
1,042
821
313
782
2,972
1,019
839
324
790
3,216
1,101
900
336
879
3,120
1, 068
865
343
844
2,984
960
855
352
817
2,949
931
844
364
810
2,942
916
839
376
811
2,967
923
842
390
812
2, 993
928
844
401
820
2,983
913
845
415
810
2,989
922
845
426
796
2,99
6,367
2,033
2,642
1,692
6,478
2, 033
2,776
1, 669
6,598
2,109
2,826
1,663
7, 066
2,108
3, 313
1,645
6,723
2,129
2,956
1, 638
6,402
2,079
2,662
1,661
6,409
2,142
2, 602
1,665
6,516
2,147
2,677
1,692
6,637
2, 162
2, 760
1,715
6,562
2,047
2,784
1,731
6,363
1, 938
2,705
1,720
6,376
1,986
2,670
1,720
6,41
1,98
2 71
1,71
2, 033
1,793
2,642
1,692
2,033
1,801
2,776
1,669
2,109
1,821
2,826
1,663
2, 108
1, 852
3, 313
1,645
2,129
1,858
2,956
1,638
2,079
1, 839
2,662
1,661
2,142
1, 882
2,602
1,665
2,147
1,878
2,677
1,692
2,162
1, 851
2,760
1,715
2,047
1,768
2,784
1, 731
1,938
1, 683
2, 705
1,720
1, 986
1,720
2,670
1,720
1,98
1,70
2,71
1,71
6,875
6, 585
52
5,834
877
112
3,355
3,099
65
2,227
923
139
4, 731
4,151
44
3,624
888
175
6, 350
6,003
51
5, 024
939
336
5,232
5, 061
51
4, 130
842
209
6.300
5,479
43
5, 294
856
107
11, 870
10, 502
5,140
4,380
51
3,998
922
169
10, 323
9,744
3,619
3,308
939
155
52
2,395
937
235
5,153
4,568
47
4,011
955
140
6,40
6,04
993
102
4,044
2,849
54
3,021
880
90
6,070
559
353
4,008
1,150
6,383
572
363
3,723
1,725
5,161
185
354
3,302
1,319
7,124
1,146
386
4,081
1,511
5,737
235
354
3, 632
1,516
5,595
311
349
3,501
1,434
6,187
563
364
3,789
1,471
6,362
372
351
3,891
1,749
6, 241
179
350
3,746
1,966
7,988
1,882
349
4,056
1,701
6,068
237
369
3,890
1,572
6,042
206
351
3, 519
1,966
6,11
56
32
3,78
1,44
37
3 5
3. 7
4.1
2.0
2.9
4.1
1.8
2.6
CONSUMER CREDIT
Total short- and intermediate-term consumer credit,
end of month
mil. of dol
Instalment credit, total
_ _ do
Automobile paper
do
Other consumer-goods paper
do _ _
Repair and modernization loans
do
Personal loans
_
do _
By type of holder:
Financial institutions, total
do _..Commercial banks
do
Credit unions
Other
-
Retail outlets, totalDepartment stores
Furniture stores
Automobile dealers
Other
Non instalment credit, total
Single-payment loans
Charge accounts
Service credit
_
By type of holder:
Financial institutions
Commercial banks _
Retail outlets
Service credit
- --
_
do
do
do
do
do
do _ _
do
do
do
do
_ _ _ do_-
-
do
do _ -- do
do
856
902
2,296
935
2,324
959
2,352
979
2,365
93
84
42
78
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
-- - d o _ _ do
__
do_
do
do_
Expenditures total
- do
Interest on public debt
do
Veterans Administration
do_
National defense and related activities
do
All other expenditures
do
r
Revised.
1
56
10, 719
51
9,179
v Preliminary.
Beginning January 1, 1953, includes 2l/2 percent bond of March 15, 1956-58, and 2% percent bond of June 15, 1958.
t Revised beginning 1952 to expand the coverage of the series by making a net addition of 8 banks. Revisions for January-May 1952 will be shown later.
cTFor bond yields see p. S-19.
5
5,21
98
15
SUKVEY OF CURRENT BUSINESS
November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-17
1952
Septem-
ber
October
1953
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
264, 485
262, 380
^23 025
39 354
2 105
264,
262,
223
39
2
May
June
August
July
Septem-
ber
FINANCE—Continued
FEDERAL GOVERNMENT FINANCE—Con.
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
mil. of dol_.
Interest bearing, total
do
Public issues
do
Special issues do
Noninterest bearing
do
Obligations guaranteed by U. S. Government,
end of month
mil. of doL_
U. S. Ravings bonds:
Amount outstanding, end of month
do
Sales, series E through K
_.
do._.
Redemptions
__ _ do
Government corporations and credit agencies:
Assets, except interagencv, total _ ...rail, 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
262, 682
260, 577
222, 216
38, 360
2, 105
264, 919
262, 820
224 430
38, 390
2 099
267, 432
265, 345
226, 557
38, 788
2,087
267, 391
265, 293
226 143
39, 150
2 098
267, 402
265. 323
226 226
39 097
2 079
267,
265,
226
39
2
584
489
187
302
094
590
550
077
474
040
266,
264,
224
39
2
520
445
735
710
075
266, 071
263, 946
223 408
40 538
2 125
272,
270,
230
40
2
669
603
009
594
066
273, 206
271, 145
230 157
40 988
2 061
272, 937
270, 744
229, 785
40, 958
2,193
40
45
51
54
48
50
51
52
52
52
63
63
64
57, 871
330
416
57, 903
347
398
57, 958
303
346
58, 046
375
422
58, 237
504
435
58, 368
414
368
58, 468
440
430
58, 509
382
426
58, 014
371
570
57, 977
370
523
57, 962
402
541
57, 940
371
480
57, 882
368
514
28, 922
16. 890
4, 563
2,437
84
480
0)
716
7,826
933
1,377
2, 371
3, 436
3, 212
1,636
29, 945
17, 826
5 070
2,603
82
516
(i)
864
7,736
1,095
1 280
2 421
3 429
3,213
1,775
30, 564
18 089
5 671
2,777
79
526
(i)
611
7,713
872
1 259
2 645
3 427
3 240
1,904
36,153
17 637
4 997
2 914
79
536
0)
718
7 798
821
2 201
2 588
3 430
7 867
2 430
Liabilities, except interagency, total
Bonds, notes, and debentures:
Guaranteed by the United States.
Other
Other liabilities
do
2,774
3,111
3,224
3 162
do
do
do
39
1,301
1,434
53
1,330
1,728
48
1,107
2,069
51
1,131
1 979
Privately owned interest-U. S. Government interest
do._
do
367
25, 780
378
26, 456
401
26, 938
415
32 576
LIFE INSURANCE
Assets, admitted:
All companies (Institute of Life Insurance), estimated total.. __ .
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
71, 578
64, 205
72, 034
64, 665
72, 415
65, 010
73, 034
65 345
73, 621
65 948
73, 943
66 269
74, 295
66 598
74 686
67 035
75 063
67 330
75 403
67 698
75 855
68 105
76 244
68 337
76 612
68 709
63, 142
39, 550
11,167
' 9, 075
11, 322
3,316
13, 745
63, 159
39, 565
10, 924
8,887
11, 346
3 301
13, 994
63, 479
39, 757
10, 967
8, 935
11,362
3 314
14, 115
64, 092
39,915
10, 867
8, 837
11, 409
3 336
14, 304
64, 797
40, 473
10, 984
8,926
11 552
3 397
14, 541
65, 084
40, 630
10, 983
8,908
11 610
3 402
14, 634
65, 362
40, 778
10, 791
8,711
11 659
3 403
14 925
65, 686
41 Oil
10, 816
8 734
11 708
3* 412
15 075
65, 997
41, 123
10, 692
8,726
11 760
3 412
15 259
66, 262
41 277
10, 602
8 676
11 827
3 412
15 436
66, 621
41 451
10, 564
8 634
11 897
3 418
15 572
66, 944
41 531
10, 565
8 634
11 952
3 423
15 591
67, 294
41 739
10, 527
8 585
12 043
3 429
15 740
r
824
' 17, 249
1,471
r
15 777
'r 2, 291
1 528
r
1, 700
803
17,311
1,481
15 830
2,276
1 540
1,664
767
17,411
1,490
15 921
2,280
1 550
1,714
872
17, 583
1 503
16 080
2,284
1 655
1,784
827
17, 774
1 512
16 262
2,310
1 658
1 756
775
17 894
1 524
16 370
2,318
1 663
1 804
750
18 038
1 541
16 496
2, 329
1 669
l' 797
711
18 182
1 564
16 618
2,341
1 687
1 755
759
18 306
1 584
16 722
2, 351
1 694
1 763
707
18 444
1 599
16 845
2,365
1 70°
1 767
726
18 619
1 615
17 004
2,374
1 707
1 743
789
18 716
1 628
2,387
1 726
l' 795
776
18 818
1 638
17 180
2,402
1 732
1 827
2, 589
492
503
2,738
387
535
2,594
417
508
3,460
1,061
451
2,383
267
450
2,663
427
534
3,398
657
583
3,295
677
543
3,126
518
608
3,227
600
543
2,962
477
499
2,853
504
526
2,758
477
519
1 594
104
347
340
140
199
67
156
59
182
1 816
122
411
384
160
219
77
162
68
212
1 669
113
398
356
136
199
71
150
61
184
1 948
124
426
429
172
230
84
174
78
230
1 666
124
424
358
137
177
63
151
50
182
1 702
117
412
371
140
193
67
156
56
191
2 158
' 141
519
460
174
245
91
200
78
250
2 075
137
487
444
171
241
91
191
75
237
2 000
131
483
427
165
237
82
178
73
226
2 084
'l38
484
449
172
247
85
195
72
242
1 986
126
460
436
17°
233
83
176
68
232
1 090
116
395
398
155
222
78
170
68
1 762
' 110
371
383
153
21^
84
164
69
209
Institute of Life Insurance:
Payments to policyholders and beneficiaries, estimated total
thous. of doL.
Death benefits __
_ do
Matured endowments
.
..
do
Disability payments
do
Annuity payments
do
Surrender values _
_
_ _
do
Policy dividends
do
322, 636
146, 410
34, 400
8 253
28, 532
48 768
56 273
339, 557
154, 860
39, 111
9 220
31, 605
52, 916
51 845
304, 060
141, 626
32, 337
7 874
28, 595
45, 127
48 501
417, 402
168, 314
40 498
9 244
28 870
53 198
117 278
399, 041
169, 068
42 909
9 851
42, 973
53 217
81 023
343,
158
37
8
32
49
57
421
781
384
479
193
630
954
365, 145
164 114
36 314
8 867
35 049
58 826
61 975
355, 232
158 288
37 168
8 834
35' 339
57' 485
58 118
383, 861
169 925
39 094
8 733
34 018
60 133
71 958
361, 977
162 438
36 873
9 265
33 908
57 780
fil 71 3
345, 385
157 326
35 611
383, 180
167 530
37 1 55
8 ' £183
33 477
54 548
Life Insurance Association of America:
Premium income (39 cos.), total
Accident and health
Annuities _ .
_.
Group
Industrial .
Ordinary
594, 231
66 402
69 008
47, 491
85 313
326. 017
555, 400
67 052
76 979
47, 442
71 553
292. 374
554, 748
70 958
67, 806
46, 061
68 809
301. 114
847, 255
89 441
173 680
66 567
107 251
410. 316
606, 446
79 56g
100 351
70 794
71 220
284. 513
615, 102
66 738
81 624
48 531
75 359
342. 850
682, 325
77 514
94 784
58 168
84 593
367. 9fi6
637, 446
91 2^1
87 337
60 022
68 094
574, 765
77 946
65 634
48' 224
68 740
633, 800
75 985
61 039
Kf
\ 386
83 828
619, 800
01
AQA
581, 965
91
60
fio'
31 R
674
744
O8n
ana
fiQ 4fi3
31 Pi 73O
Cash
.
Mortgage loans, total
__
Farm
Other
Policy loans and premium notes
Real-estate holdings
Other admitted assets __
do
do
do
do
do
do
do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance) :
Value, estimated totalt
mil. of dol_.
Group and wholesale J
__.
do
Industrial^
do
Ordinary, total
New England
Middle Atlantic
East North Central...
West North Central
South Atlantic
East South CentralWest South Central
...
Mountain
Pacific
r
-
do
do
do .
do
do
do
-do do
do
do
do
do
do
do _
do
.do..
Revised.
i Less than $500,000.
^Revisions for January-July 1952 are shown on p. S-17 of the October 1953 SURVEY.
743
593
059
362
946
000
783
410,
182
40
9
35
63
78
330 779
314 991
25fi Kfi9
1 7 087
991
7 Q89
33 904
55 733
KA' coo
70 ooc
70 3fi3
53 064
81 ' 787
640, 679
79 77Q
55 502
347
/IQ«
SURVEY OF CUKEENT BUSINESS
S-18
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1953
1953
1952
September
October
November
December
January
February
March
August
September
22, 178
-78, 773
1,881
1,754
22, 128
-54,972
10 100
10 039
307
6, 548
.853
324
6, 243
.853
403
11 873
.853
2 525
2 652
April
May
22, 562
-16,814
2,704
9, 685
22, 537
-48, 857
1 835
r
1, 874
38, 900
12, 900
5,200
39,400
12, 900
6, 100
38, 800
12, 700
6,000
6,800
883
230
5,364
.853
3 578
11, 296
.853
2,452
2, 605
1, 909
June
July
FINANCE—Continued
MONETARY STATISTICS
Gold and silver:
Gold:
23, 342
Monetary stock, U. S.
mil. of dol_.
Net release from earmark!
thous. of doL. -13, 776
1,244
Exports
do
34, 590
Imports
do
66, 400
Production, reported monthlv total
do
Airica
_
do
39, 400
13, 400
Canada
do
6, 200
United States
do
Silver:
382
Exports _ _
_. __ __
do_ _ _
4,499
Imports
do
.833
Price at New York
dol. per fine oz .
Production:
1,787
Canada
_ __
thous. of fine oz _
3, 107
Mexico
__
do
3, 235
United States
do
Money supply:
29, 419
Curreriev in circulation
mil. of dol
197, 900
Deposits and currency, total
do
2, 500
Foreign banks deposits, net
do
8,100
U S Government balances
do
187, 400
Deposits (adjusted) and currency, total. _ _ d o
96, 400
Demand deposits, adjusted
_
do
64, 500
Time deposits
do
26, 600
Currency outside banks
do
Turnover of demand deposits except interbank and
U. S. Government, annual rate:f
35.4
New York Citv
ratio of debits to deposits _
24.3
6 other centers 9
do
23, 339
-92, 430
2,988
86, 465
70, 600
40, 100
14,100
6,800
411
7,778
22, 986
22 662
23, 337
22. 563
23, 186
-29,004 -263,189 -171,747 —324, 127 -106, 511
1, 580
5, 587
4,262
3. 813
3,867
1,872
13, 697
1, 653
7,746
1,827
66, 700
64, 900
39. 000
39. 000
39, 300
39, 300
37, 000
13, 700
12,400
13, 600
13, 300
13, 000
5. 900
4,500
5,200
4,300
6, 000
258
5,009
270
144
1,318
r 10, 878
.845
506
7,272
.853
*• 13, 886
.853
6, 285
.853
.833
.833
4, 578
. 833
1, 854
9, 525
3,682
2,428
3,877
2,998
2, 521
3, 863
3, 093
2, 460
3,870
3,362
2 255
4, 054
3,112
2, 443
4, 394
3. 175
3,066
1,984
3,018
2, 504
4, 850
2, 823
29, 644
199, 900
2,500
7.200
190, 200
98, 600
64, 900
26, 700
30, 236
202, 700
2,500
8, 600
191, 600
99, 400
64, 800
27, 400
30, 433
204, 220
2, 501
6,918
194, 801
101,508
65, 799
27, 494
29, 691
202, 100
2, 500
6, 200
193,300
100, 500
66, 100
26, 800
29, 793
201, 000
2 300
7, 100
191, 600
98. 300
66 400
26. 900
29, 754
200, 600
2,400
7. 100
191, 000
97, 400
66, 800
26, 900
29, 843
199, 100
2, 400
4,600
192, 200
98, 000
67, 200
27, 000
29, 951
199, 100
2, 400
4 600
192, 100
97, 500
67, 600
27, 000
36.4
25.0
34.1
24.1
41.8
26 9
34.3
23.9
35.1
24.4
37.1
28.3
35.4
26.0
35.6
25.5
22 277
22, 463
-68, 516 -171,660
3 654
2 747
2,255
1,690
r
30. 248
30, 125
30 275
30 120
r 200,
360 * 205, 100 p 204, 800 p 204, 900
r
p
2,
500
p
2.
400
P
2, 500
2,
467
r
P 9 000
5 333
P 9 600
P 8 100
f 192. 560 P 193, 000 p 193, 400 p 191, 300
"T 96, 898 p 97, 400 p 97. 500 P 97, 700
68, 293 •p 68, 400 p 68, 700 p 69 100
T
27 369 •p 27 200 p 27 300 p 27 600
38.9
25 9
36.0
25 0
r
32.2
23. 0
^40. 2
P 25 1
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SEC):*
Net profit after taxes all industries
mil of dol
Food and kindred products
do
Textile-mill products
do
Lumber and wood products (except furniture)
mil of dol
Paper and allied products
do
Chemicals and allied products
do
Petroleum refining
do
Stone clay and glass products
do
Primary nonferrous metal
do
Primary iron and steel
do
Fabricated metal products (except ordnance,
machinery, and transportation equipment)
mil of dol
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment (except motor vehicles etc )
mil of dol
Motor vehicles and parts
do
All other manufacturing industries
do
Dividends paid (ca^h) all industries
do
Electric utilities, net profit after taxes (Fed. Res.)
mil of dol
Railways and telephone cos. (see p. S-23).
2,590
255
73
2,965
195
78
2,847
186
93
3 031
63
107
246
465
113
93
127
47
116
268
562
98
127
257
46
116
279
488
77
127
228
61
113
284
520
127
124
243
129
239
140
119
243
212
118
262
194
140
278
165
61
198
280
76
278
290
69
269
298
85
272
316
1,231
1,730
1,267
1 287
207
244
288
*>246
219
83
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
Cornorate
do
Federal agencies
_
do__
Municipal, State, etc
do
962
808
800
363
0
437
9
154
154
72
79
2
i 1, 381
i 1, 225
1, 157
852
0
305
8
158
158
82
72
4
873
629
601
292
130
179
28
311
311
90
172
49
1,520
1,197
1,197
758
46
394
0
323
323
44
269
9
1, 185
1,016
949
560
3
386
67
169
151
16
130
5
1,114
1, 005
1,002
624
13
365
4
109
109
25
81
2
1,069
939
899
480
0
420
40
129
129
6
105
18
1,041
942
927
588
15
323
15
99
99
11
65
24
1, 538
1,287
597
45
645
36
215
215
16
198
2
1,626
1,491
1, 465
1, 057
16
393
25
135
135
37
79
19
Securities and Exchange Commission:
1,604
1,592
1,667
2,079
1,783
3,053
4;630
1,108
2,047
1,331
1,380
Estimated gross proceeds, total
do
1,890
2,576
By type of security:
1,422
2,861
1,507
1,425
1,902
1,615
4,383
1,038
1,870
1,248
2,484
1,777
1,308
Bonds and notes, total
do
484
517
659
314
731
497
536
988
980
372
675
Corporate _ .
. do
380
207
124
165
116
123
119
116
159
49
170
82
46
65
47
Common stock
do
62
82
35
51
47
33
6
20
58
7
44
37
31
Preferred stock
_
do
By type of issuer:
664
696
706
1,179
731
818
384
908
1,157
492
455
279
766
Corporate, total
_ ___
do
205
317
286
151
289
116
655
332
36
124
167
155
186
Manufacturing
do_ _
228
249
342
406
216
261
44
219
85
247
351
198
168
Public utility
do
32
25
50
23
21
15
66
40
25
15
27
10
12
Railroad
_ __
-do
13
4
44
15
49
34
7
7
14
32
90
27
17
Communication
_ __
do
141
162
144
101
95
254
48
418
34
62
57
56
27
Real estate and
financial
do
1, 119
849
3,899
908
886
724
1,171
1,873
1, 101
1,810
1,397
890
876
Noncorporate, total
- _
do
491
3,244
503
494
1,454
853
611
884
1,320
480
547
531
444
U. S. Government _
do_
454
392
349
512
246
405
390
416
650
294
219
389
428
State and municipal
do
r
Revised.
p Preliminary.
* Includes International Bank securities not shown separately.
§Or increase in earmarked gold (—).
t Revised series. Data reflect change in number of reporting banks and centers; figures prior to May 1952 will be shown later.
9 Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
*New series. Compiled jointly by the Federal Trade and Securities Exchange Commissions. Data are estimated totals based on reports from all manufacturing corporations registered
manufacturing
and over at the end of 1949. and a sample of nonregistered manufacturing corporations with total assets
withh SEC,
_. , all nonregistered
.
.. .
.. corporations with total assets of $5,000,000
. ,
of less than $5,000,000 at the end of 1949. Comparable data beginning with the first quarter of 1951 are available upon request.
SURVEY OF CURRENT BUSINESS
November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-19
19 52
September
October
1953
November
December
January
February
March
April
June
May
July
August
September
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission— Continued
New corporate security issues:
Estimated net proceeds, totalmil. 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
447
1,140
378
367
278
89
68
46
11
10
12
893
635
259
293
221
72
780
661
120
237
86
51
32
74
45
148
3
11
13
5
34
28
1
43
183
120
57
165
163
645
502
134
347
257
164
120
25
43
43
327
260
35
?16
205
0
12
90
15
12
0
16
16
13
1
27
26
27
1
61
15
12
48
45
17
8
52
8
37
10
65
49
23
34
31
3
56
54
1
96,518
750
309, 105
161, 739
229, 897
24 376
210
250
257
229
226
265
1,333
1,316
1,347
692
891
692
860
706
878
0)
473,
0)
897
3
56
684
694
806
603
495
108
46
19
25
2
6
635
381
255
51
27
23
1
8
630
438
192
37
10
24
3
17
757
532
225
30
10
13
283
263
18
245
239
6
39
26
14
4
4
0
47
44
1
148
132
13
257
254
3
49
31
18
403, 043
292 OS5
391,872
715
273
756
247
141
106
69 r>
421
274
23
3
20
0
38
482
1 161
1 046
614
432
91
23
64
4
24
445
371
74
30
16
14
18
612
481
131
68
g
49
10
35
203
178
24
212
205
7
32
32
312
305
4
223
201
17
24
24
114
78
28
397
355
21
15
15
285
229
60
334
303
26
23
23
153
127
24
194
190
3
9
9
34
22
7
0
140
138
13
12
43
43
0
415
396
3
31
31
1
162
7
7
0
99
94
14
14
o
15
15
0
142
129
1
294 085
362, 629
110 843
433, 142
333 219
348, 859
144 986
650, 210
228 600
443, 040
151 384
288
291
230
254
262
304
198
252
185
259
183
281
343
1,362
724
920
1 345
732
908
1 350
730
871
1 513
744
966
1 594
97 15
97 56
75 81
11
27
655
o
o
o
1
7
o
18
1
17
M
U
122
87
6
243
225
13
24
24
0
89
88
84
72
11
21
21
o
o
0)
8
0
94
(0
93
o
251
248
1
521, 899
172 444
' 260, 063
r 36G 327
453, 878
251, 039
307
586
254
610
237
689
243
476
1 068
1 671
673
1 193
282
1 684
653
1 216
1 664
651
1 161
1 682
641
1 182
1,624
674
1,070
96 57
96 99
74 95
95 46
95 84
75 27
94 42
94 79
74 88
95 30
95 69
74 62
95 82
96 22
74 44
95 58
95 96
74 79
96 74
97 18
75 25
114.0
122 8
95 28
113.4
121 6
94 31
111.7
121 5
93 25
109.8
119 4
91 59
108.8
115 1
91 56
110.7
115 1
92 98
111.4
116 9
92 89
110.9
116 9
93 40
70 039
76 831
76 726
90 067
71 709
88 128
61 993
72 496
69 942
83 260
56 270
64 949
46 982
54 677
53 136
61 895
68 483
74 823
74 547
85 245
69 691
83 115
60 227
69 753
68 208
80 340
54 572
62 723
45 364
52 327
51 954
60 238
60, 288
74, 757
1
74, 756
65 013
9, 650
76, 976
o
55, 874
76, 976
64 778
12, 002
62, 085
34
62, 051
54 611
7,372
68, 751
60, 288
52 940
7,324
68, 751
60 659
8,024
55, 874
48 477
47, 574
Q
47, 574
41 087
6,455
56, 308
49 468
6,795
100, 117
98 211
1 439
103 055
100 666
1 890
99, 535
97 638
1 425
103 066
100 665
1 901
98, 562
96 662
1 429
103 251
100 853
1 899
98, 985
97 094
1 421
104 830
102 43°
1 8°8
99, 454
97 576
1 411
104 357
101 966
1 891
100, 279
98 419
1 390
104 651
102 284
1 867
98 142
1 395
104 634
102 269
1 865
93, 472
91 599
1 400
96 620
94 259
1 861
3.26
3.31
3.40
3.53
3.61
3.55
3.51
3.54
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
24
39
56
85
3 99
3 43
3 56
3 88
152
1
(i)
34
32
1
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
Money borrowed
mil. of dol
do
do
do
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
total §
dollars
98 05
98 19
97 46
97 81
97 66
Domestic _ _ _ _ _
do
97 87
98 25
98. 62
98 50
98 09
Foreign.. . _ _
_
.
_.. do
76.11
75. 32
75.97
75 50
75 84
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al-f- issues):
114. 7
115.2
Composite (17 bonds)
dol. per $100 bond.._
115.7
115.3
114.5
Domestic municipal (15 bonds) . _ _
do
125.4
125.0
126.6
124 0
125. 3
U. S. Treasury bonds, taxable
do
96. 44
96.96
96.86
95 68
96 32
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous. of dol
76, 955
94 402
73, 183
56, 237
75 146
Face value
do
61 325
85 722
83 953
85 250
105 865
New York Stock Exchange:
Market value
do
71 599
74, 892
54, 113
92 009
73 014
Face value _ _ _ _ _ _
_
do
81, 988
102, 843
82, 455
58, 855
82 187
New York Stock Exchange, exclusive of stopped
sales, face value, total§
thous. of doL_
78, 042
69, 082
86, 042
61, 127
80, 397
0
U. S. Government
do
0
26
25
45
Other than U. S. Government, total§
do
78, 016
69, 057
61, 127
85, 997
80, 397
Domestic do
53, 624
73 417
61, 194
79 101
71, 608
Foreign . _ _ _ _ _ _ .
_
do
6,341
6,912
6,819
7,777
7,395
Value, issues listed on N. Y. S. E.:
Market value, total, all issues§
mil. of dol.. 99, 712
100, 551
100, 349
100, 116
100, 256
Domestic.. _
__ _
do
98, 621
97, 838
98, 494
98 276
98 200
Foreign
do
1,447
1 428
1 492
1 440
1 430
Face value, total, all issues§_ _ __ __ _ -do
102, 315
102, 405
102, 341
102, 502
102, 510
Domestic _
__ do
99, 963
99, 999
99, 993
100 109
100 025
Foreign _ do
1 898
1,902
1 896
1 891
1 967
Yields:
Domestic corporate (Moody's)
percent..
3.22
3.19
3.19
3.20
3.22
By ratings:
Aaa.
__ _ __ _ do
2.98
3.01
?. 95
3 02
2 97
Aa _ _ _
do
3 08
3 07
3 06
3 05
3 09
A
do
3 24
3 24
3 22
3 22
3 25
Baa
do
3.52
3 53
3.54
3 51
3 51
By groups:
Industrial
do
3.02
3.05
3.05
3.04
3.07
Public utility
do
3 22
3 20
3 19
3 23
3 19
Railroad
_
. ._ _ .
. _ do
3.39
3 34
3 37
3.36
3 36
Domestic municipal:
Bond Buyer (20 bonds)
do
2.34
2.38
2 38
2 37
2 46
Standard and Poor's Corp. (15 bonds) _ . -do
2.42
2.33
2.40
2.40
2.47
TJ. S. Treasury bonds, taxable
_ _
do
2.74
2.80
2.75
2.71
2.71
r
Revised.
1 Less than $500,000.
§Salcs and value figures include bonds of the International Bank for Reconstruction and Development
all listed bonds.
o
07
14
30
53
12
18
36
57
738
o
23
?9
44
65
34
41
58
78
40
50
67
86
o
7,293
28
42
62
86
100,010
56, 308
o
3.11
3 29
3 39
3.16
3 33
3 43
3.27
3 44
3 51
3.39
3 57
3 63
3.48
3 62
3 73
3.42
3 56
3 67
3.37
3 54
3 61
3.39
3 58
3 65
2 63
2.54
2.83
2 65
2.61
2.89
2 68
2.63
2 97
2 81
2.73
3 OQ
3 04
2.99
3 no
2 92
2.99
9 QQ
2 92
2.89
2 on
2 82
2.88
9 Q7
not shown separately; these bonds are included also in computing average price of
SURVEY OF CURRENT BUSINESS
S-20
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1953
1953
1952
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
May
April
June
August
July
Septem-
ber
FINANCE—Continued
SECURITY MARKETS—Continued
Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. of doLFinance
do
Manufacturing
do
Mining
_
do .Public utilities:
Communications
__
_
do
Heat, light, and power
do
Railroad
_-_
do
Trade
do
Miscellaneous
do
Dividend rates, prices, yields, and earnings, 200
common stocks (Moody 's):
Dividends per share, annual rate (200 stocks)
dollars ._
Industrial (125 stocks)
do
Public utility (24 stocks)
do _ _
Railroad (25 stocks)
do
Bank (15 stocks)
do
Insurance (10 stocks)
___
-do _ _ _
Price per share, end of month (200 stocks). -do
Industrial (125 stocks)
_
_
do _ _ .
Public utility (24 stocks)
do
Railroad (25 stocks)
do
1, 166. 5
78.2
763.5
87.9
540.5
105. 2
203 5
8 0
253.0
64 7
115 2
2 1
1,736.1
195.2
1,045.5
141.9
548.1
125 6
170 5
50
181.3
44 9
65 0
2 9
1, 251. 1
81 4
821 9
86 9
561.2
103 5
190 1
7 3
221.5
49 0
100 4
2 6
1, 249. 6
87.6
802 2
87.3
576.0
137. 0
200 6
5.6
220.9
52.0
88 0
2 5
1,235.3
86.4
796 1
86.2
46.9
76.8
42.4
47.2
23.6
95.0
60.9
14 6
40.3
13 0
10
52.2
2 9
8.1
6 8
49.7
92.6
88.4
79.2
43.6
95 7
64.3
18 2
57.0
11 8
9
42.0
6 9
15.5
3 2
46.9
89.0
57.7
40.3
27 0
105 0
63.8
30 6
50.1
10 8
10
51.8
31
7.6
6 0
51.1
94.6
56.4
49.0
21.4
104.3
66.3
14. 1
39.2
8 9
10
55.4
10 0
7.6
4 4
51.8
94.7
49.3
50.8
19.9
3.95
4.20
1.92
2.81
2.68
2.87
3.95
4 18
1 92
2 85
2 68
2.88
3.93
4 17
1 92
2 87
2 66
2.98
3.93
4.16
1.92
2 87
2.75
2.98
3.95
4 16
1 93
2 88
2 84
2.99
3.95
4 16
1 94
2 91
2 86
3.01
3.97
4 16
1 95
3 01
2 89
3.07
3.98
4 17
1 96
3 01
2 89
3.09
3.98
4 17
1 98
3 01
2 89
3.09
3.97
4 16
2.01
3 03
2.89
3.09
3.98
4 15
2 01
3 09
2 89
3.10
3.99
4 16
2 07
3 11
2 89
3 10
3.99
4 15
2.07
3 11
2.89
3.10
71.09
74.58
36.34
46.57
71.02
74 35
36 25
46 43
74.42
78 20
37 36
49 74
76.66
80.89
37.85
51.66
76.69
80 37
38 40
52 19
75. 60
79 15
38 21
51 17
74.13
77 64
37 81
49 56
72.35
75 56
36 96
48 48
72.24
75.45
37 08
48.97
71.14
74.28
36 02
48.40
72.87
76 24
36 81
49 03
69.34
71 85
37 ig
44 39
69.51
72.09
37 20
43.61
5.28
5 33
5 14
5 77
4 19
3 10
5.13
5. 14
5.07
5.56
4.18
2.99
5.51
5 53
5.34
6 15
4.72
3 41
5.58
5.60
5.58
6.26
4.75
3 50
5.56
Yield (200 stocks)
_ _
percent
5.63
Industrial (125 stocks)
do
5.28
Public utility (24 stocks)
do .__
6.03
Railroad (25 stocks)
do
4.23
Bank (15 stocks).
__.
do __
3.18
Insurance (10 stocks)
do
Earnings per share (at annual rate), quarterly:
6.76
Industrial (125 stocks)
dollars
2.61
Public utility (24 stocks) ___ - do , _ _
7.86
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 11 high-grade
4.12
(Standard and Poor's Corp.)
percent-Prices:
105. 29
Dow -Jones & Co., Inc. (65 stocks) _dol. per share-272. 40
Industrial (30 stocks) do
50.30
Public utility (15 stocks)
do
Railroad (20 stocks)
__do__ _
100. 43
Standard and Poor's Corporation:
Industrial, public utility, and railroad :§
188.2
Combined index (480 stocks) . .-1935-39=100 ._
204 2
Industrial total (420 stocks)
do
187.6
Capital goods (129 stocks)
do
172.8
Consumers' goods (195 stocks)
do
118.5
Public utility (40 stocks)
do
171.1
Railroad (20 stocks)
_
_. . . do „ .
117.6
Banks N Y C (16 stocks)
do
214.5
Fire and marine insurance (17 stocks)
do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
1,198
Market value
mil. of dol _
48, 989
Shares sold
_ . __ -thousands On New York Stock Exchange:
1,012
Market value
mil. of dol_.
35, 165
Shares sold
thousands Exclusive of odd lot and stopped sales
24, 135
(N Y. Times)
thousands Shares listed, New York Stock Exchange:
Market value, all listed shares
mil. of dol- . 112, 633
2,769
Number of shares listed
millions
5
5
5
6
4
3
56
62
30
14
29
15
5
5
5
5
4
3
15
18
03
52
29
07
5
5
5
5
4
3
22
26
08
69
32
17
8.54
2.62
11.71
5.36
5 36
5.16
6 07
4 44
3 29
5
5
5
6
4
3
50
52
30
21
60
41
4.16
4.12
4.11
4.16
4.21
4.23
107. 25
276. 37
51 04
103. 19
111.67
285. 95
52. 06
109. 85
112.25
288. 44
52 20
109. 99
111.21
283. 94
52 57
109. 03
112.41
286. 79
53. 19
110. 24
183.4
198 4
182 6
169.5
117 4
166.9
120 1
215.2
189.8
205 5
190 2
175.7
120 9
172.4
121 5
223.1
197.0
213 7
198.5
183. 2
123. 3
184. 6
125.1
230.5
197.6
214 3
200.4
184.7
124 0
185. 2
128 3
231.0
195.9
212 0
197.4
183.4
124.4
181.4
128 2
223.8
1,316
62, 389
1,331
56, 903
1,906
78, 990
1,661
74, 299
1,121
47, 653
1,145
43, 340
1,647
57, 885
1,417
55, 897
46
44
46
30
70
40
5
5
5
7
4
3
75
79
57
01
66
46
5.74
5.76
5.56
7 13
4.64
3 40
7.80
2.79
8.37
7 29
2.70
6 73
103. 92
267. 77
49 59
99.83
5
5
5
6
4
3
4.38
4.47
4.37
4.30
4.30
52
28
59
05
108. 07
276. 84
50.97
105. 58
104. 42
266. 88
48.66
103. 09
106.08
270. 32
49.03
105. 68
106. 21
272. 21
50 40
103. 12
100.98
261.90
49.16
94.46
198.0
214 5
199.8
185.3
124.9
184.5
128. 1
223.9
190.0
205 5
191.8
177.8
121. 5
173.3
122.3
216.0
189.6
205 2
192.3
177.6
120.8
174.2
121.3
214.1
182.8
197 5
183. 7
170.7
117.2
169.3
115.3
205.1
185.5
200 1
185.9
171.7
119.2
173.7
117.6
208.5
187.3
202 1
188.1
172.8
121.1
170.2
121.4
215.7
179.2
192 6
180.2
165. 4
119.6
156.1
119.6
209.7
1,376
53, 534
1,906
75, 473
1,783
83, 729
1,325
58, 380
1,290
63, 844
1,073
42, 528
1,119
42, 437
1,248
53, 392
1,173
38, 540
1,616
51,812
1,541
64,111
1,129
43, 936
1,106
49, 757
903
28,809
946
29, 841
1,068
38,011
4.33
107.
275.
51
104.
25, 981
30, 239
40, 516
34, 087
30, 209
42, 472
34, 370
25, 767
26, 075
22, 234
23, 893
27, 172
112, 152
2,773
117, 363
2,777
120, 536
2,788
120,483
2,802
119, 749
2,814
118, 223
2,819
114, 862
2,840
115,371
2,862
113, 306
2,878
115,886
2, 882
110,750
2,889
110,479
2,892
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)!
Exports of goods and services, total
mil. of dol
Income on investments abroad
do
Imports of goods and services, total
_ _ do _ _
Merchandise adjusted
do
Income on foreign investments in TJ S
do
4,607
3 439
439
729
5,355
4, 073
592
690
5,425
4, 256
440
729
5,742
4,489
463
790
3,942
2 698
102
1 142
4,068
3,000
126
942
4,037
2,984
111
942
4,305
3, 123
107
1,075
Balance on goods and services
do
+665
+1, 287
+1, 388
+1,437
Unilateral transfers (net) total
Private
Governent
do
do
do
— 1 298
—106
—1,192
—1,468
-1,341
-1,908
-120
-1,788
-2, 020
-122
-1,898
U S long- and short-term capital (net) total do
Private
do
—160
+39
—199
—275
-347
+72
-209
219
+10
+28
+86
-58
Foreign long- and short-term capital (net)
+769
+152
+155
+326
+7
+274
+603
+128
+17
+30
-29
do
Increase (— ) cr decrease (+) in U. S. gold stock
mil of dol
Errors and omissions
do
§ Number of stocks represents number currently used; the change in the number does not affect the continuity of series,
September 1953 SURVEY.
+101
t Revisions for the first 2 quarters of 1952 appear on p. 12 of the
SUEVEY OF CURRENT BUSINESS
November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-21
1953
1952
Septem-
ber
October
Novem-
Decem-
ber
ber
January
Febru-
March
ary
May
April
July
June
August
Septem-
ber
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE
Indexes
Exports of U. S. merchandise :d"
Quantity
1936-38=100 .
Value
do
Unit value
do_
Imports for consumption :cf
Quantity
do_
Value
do
Unit value
do.
Agricultural products, quantity:
Exports, U. S. merchandise, total:
Unadjusted
1924-29=100
Adjusted
_. do_ _
Total, excluding cotton:
Unadjusted
_
_
do_
Adjusted
do
Imports for consumption:
Unadjusted
do
Adjusted
_- -.
do_
244
498
205
244
494
203
240
483
202
280
566
203
256
525
205
239
486
204
275
566
205
279
567
203
290
589
203
279
561
201
272
550
202
237
482
203
151
429
284
169
471
279
138
388
280
180
499
277
162
445
276
149
413
278
174
484
277
175
486
278
158
434
276
164
451
275
158
435
276
147
407
278
77
62
93
70
88
70
110
92
96
96
78
95
90
105
82
102
77
99
70
96
73
99
117
93
142
113
125
109
151
138
146
153
117
145
141
167
130
156
113
134
105
131
126
157
111
116
116
119
90
92
128
126
121
116
101
99
121
108
126
119
104
106
105
113
100
111
7,421
8,342
7,028
8,879
6,393
7,847
5,720
9,629
5,109
8,814
4,267
7,703
4,663
8,644
6,292
8, 942
6,693
9,280
Shipping Weight
Water-borne trade:
Exports incl reexports 0
General imports
thous. of long tons
do
T
Value cf
Exports, including reexports, total!
mil. of dol._
By geographic regions:A
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: A
Africa:
Egypt
do.
Union of South Africa
.. _
do
Asia and Oceania:
\ustrolia, 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, total^f mil. of doL_
By economic classes:
Crude materials. _ .
.. .._ thous. of dol _
Crude foodstuffs
_
- do_
Manufactured foodstuffs and beverages _ _ do. . .
Semimanufactures 9
.. -do.. _
Finished manufactures 9
do
By principal commodities:
Agricultural products, total
.do
Cotton, unmanufactured
__
do_
Fruits, vegetables, and preparations. . -do.. _
Grains and preparations
_. do. _.
Packing-house products __
_
do.
Tobacco and manufactures
do
Nonagricultural products, total..
. _do . .
Automobiles, parts, and accessories
_do
Chemicals and related products§ . ..do _.
Coal and related fuels _.
.
. do_
Iron and steel-mill products
..
do
1,228
1,215
1,191
1,390
1,291
1,197
1,388
1,395
1,446
1,376
45, 162
147, 490
224, 642
245, 858
124, 387
133, 637
43, 825
171, 680
245, 900
256, 226
144, 276
134, 358
37, 338
160, 288
247, 947
244, 874
132, 172
129, 516
39, 363
202, 569
308, 240
225, 410
143, 558
136, 881
45, 039
177, 762
267, 865
228, 242
131, 383
114, 781
35, 534
164, 579
213, 679
230, 947
121, 651
116, 184
49, 047
185, 407
253, 195
266. 229
132, 902
118, 165
44, 398
169, 949
249, 390
286, 975
133, 837
122, 970
44, 794
178, 304
246, 325
294, 784
136, 492
130, 991
36, 772
156, 806
218, 145
290, 129
128, 061
128, 519
44, 428
171,427
197, 415
244, 829
125, 391
113, 339
42 155
163, 375
195 157
233, 792
108 452
122, 972
6,742
15, 169
12,313
14, 672
4,556
13, 506
2,563
16, 871
6,733
19, 463
3,316
17, 221
4,739
24, 427
4,454
18, 194
3,958
18, 365
4,000
16, 454
8 234
18, 326
10 191
14 507
12, 103
2,900
0
14, 000
40, 279
9,964
21, 384
16,608
2,862
0
13, 650
54, 819
9,984
21, 516
10, 294
2,436
0
14, 079
51, 158
13, 009
23, 988
16, 693
2,852
0
28, 616
52, 745
11, 782
27, 774
11, 492
2,274
0
17, 910
50, 414
10, 477
30, 816
9,871
2,636
0
26, 761
40, 796
7,474
24, 799
9,730
2,505
0
28, 332
50, 549
7,549
28, 394
7,947
3,264
0
10, 752
50, 826
8,759
29, 245
9,686
2,560
0
12, 898
50, 255
6, 157
39, 177
7,495
2 205
0
14, 629
44, 912
9 266
33, 715
9,248
2 982
7 121
2 530
0
17 985
52 443
11 827
20 110
21, 971
33,776
18,929
0)
50,962
26, 941
47, 247
23, 853
4
52,904
26, 531
34, 796
23, 720
2
45, 577
40, 819
40, 544
40, 572
1
61, 494
30, 601
34, 182
36, 406
34, 598
26, 426
24, 370
2
61, 703
26, 562
26, 514
28,004
(i)
53,551
39, 882
29, 471
27, 602
3
43, 743
27, 339
25, 755
23, 474
4
39, 048
18 136
24 688
16,232
5
31, 229
18 718
23 565
16 151
53, 139
26, 610
28, 495
17, 145
1
47,864
245, 848
243, 516
13, 889
29, 758
10,412
17, 637
39, 606
46, 834
41, 828
1, 217
256, 211
261, 941
11,241
28, 908
10,500
19, 004
45, 828
52, 628
43, 555
1,207
244, 873
245, 879
10, 028
25, 708
10,083
21, 493
41, 194
51, 278
41, 576
1,181
225, 408
265, 206
8,527
30, 423
13, 939
19, 451
40, 394
54, 292
43, 012
1,381
228, 232
231, 142
6,349
23, 815
5,951
19, 460
39,299
51, 858
39,643
1,280
230, 946
221, 508
5,413
23, 481
5,635
20, 121
35, 896
46. 864
41, 075
1,185
266, 227
235, 796
6,265
22, 473
9,072
19, 825
38, 925
54, 157
41,051
1,379
286, 973
238, 271
5,942
23, 850
6,506
24, 231
30, 827
51, 980
43, 843
1,383
294, 777
251, 969
8,214
24, 366
7,118
26, 140
34 315
47, 794
46, 998
1,435
290 101
242, 493
14 177
24, 661
7 227
24, 441
32 025
52, 218
41, 671
1,368
244 820
224, 732
6 499
19, 453
6 637
22, 994
37 068
52, 481
41 079
1,340
233 871
220, 033
10 095
23 454
7 244
24 441
27 598
48' 174
39 870
1,175
146, 962
80, 212
50,460
124, 291
815, 321
154, 874
97, 194
61, 645
133, 390
759, 803
169, 572
89, 446
58, 876
123, 295
739, 816
180, 209
117, 364
65, 366
131, 426
886, 713
134, 540
109, 383
63, 603
106, 815
865, 528
110, 600
86, 884
50, 879
108, 222
828, 590
118, 308
132, 539
139, 168
127, 324
106, 265
82,490
75, 029
67, 762
56, 592
53, 747
55, 889
53, 977
116, 934
113, 055
113, 751
112, 146
980, 513 1, 001, 069 1, 051, 475 1,006 585
96, 912
82 004
60, 494
110 543
989 715
127
71
50
106
817
461
562
821
992
796
220, 983
50, 569
16, 818
90, 291
10, 706
35, 629
265, 022
61, 290
21, 051
108, 911
13, 345
30, 816
272, 888
67, 142
21, 999
98,
108
r
13, 165
31, 980
324, 483
90, 505
22,531
133, 552
13, 473
29, 264
268, 702
54, 468
19, 149
127, 900
13, 272
24, 919
216, 627
47, 325
17, 838
93, 764
13,604
19, 003
250, 499
45,064
20,191
114,443
14, 242
33, 113
196 463
21 156
20, 517
90, 630
14 795
19 327
201
35
19
71
14
31
207
154
617
321
735
668
996, 263
115, 751
60, 728
41,379
55, 805
941, 885
97, 815
61, 577
35, 400
66, 336
908, 116 1, 056, 596 1,011, 168
114, 891
93, 992
124, 610
58, 674
58, 203
57, 393
35, 150
25, 759
24, 778
59, 779
67, 751
45 801
968, 547 1, 128, 114 1, 159, 365 1, 214, 281 1, 171, 602 1 143 205
124, 383
151, 579
162, 186
142, 195
134, 401
112, 845
56, 273
66, 601
68,459
71, 700
70, 433
65, 670
18, 294
17, 651
29 329
33 831
33 107
35 556
42 914
46 769
36 335
43 436
45 860
41 841
973 426
97, 338
62, 260
37 407
33 139
216, 985
8.260
20, 451
49, 131
24, 966
104, 210
195, 392
7,389
15,258
47, 728
21, 225
r
94, 136
211,157
12 411
24 031
57 003
15 868
94 564
Machinery, total§
Agricultural
Tractors, parts, and accessories
Electrical§
Metalworking§
.
Other industrial
do
.do.
do
do
do._ _
do ___
202, 207
8,003
16,689
49,509
21, 808
r
96, 981
Petroleum and products
Textiles and manufactures
do
-do
60, 483
59, 144
' 50, 623 «• 58, 779
r
63 144
55, 496
r
0)
219, 575
9,442
20,328
54, 838
24, 673
100, 952
241, 385
9 191
26, 659
68, 899
28, 378
r
99, 986
224, 610
10 345
27, 561
62,280
22 318
r
93, 483
66 650
55, 784
54 787
' 52, 956
54 693
' 50, 386
r
270, 216
12 973
32,396
72, 492
29 560
112, 544
62 408
58, 572
223, 535
38, 396
17, 925
89, 567
15, 236
38 129
r
271, 903
15 201
33, 468
75, 255
24 691
113, 577
67 092
53*, 852
221,031
48, 278
22, 566
76, 556
14 890
30 504
r
274, 910
16 278
32 954
74 554
26 361
114 166
196 193
41 340
23, 686
69, 467
15 168
24 845
263, 204
14 705
32 890
72 291
22 818
110 938
' 1, 348
r
22
47
10
27
o
320
209
133
724
234, 802
14 032
26 756
61, 924
21 923
101 273
' 1, 184
* 1, 244
o
40 224
__ _
55 787
56 083
56 958
54 461
47', 792
58, 193
52, 234
45, 475
' Revised.
1 Less than $500.
<fRevisions for January-July 1952 will be shown later.
©Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
ITotal exports and data by economic classes and commodities include shipments under the Mutual Security Program
Total MSP shipments are as follows (mil. dol.): September 1952-September 1953, respectively—247.6; 173.1; 195.0; 275.8; 268.1: 272.3; 328.3; 339.8; 362.6; 371.1; 396.1; 274.1; 204.1.
AExcludes shipments under MSP and "special category" shipments not made under this program.
©Including Manchuria beginning January 1952.
9 Data for semimanufactures
reported as "special category type 1" are included with finished manufactures.
§Excludes "special category type 1" exports.
r
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1953
1953
1952
September
October
November
December
January
February
March
April
May
June
July
August
September
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE—Continued
Value c? — Continued
General imports, total
thous. of doLBy 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
_
_ d o
Indonesia
do
Republic of the Philippines. _doEurope:
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__
Coflee
do.
Hides and skins
do
Rubber, crude, including guayule
do
Sugar
_ _ _ _ _ _ _ do
Wool and mohair, unmanufactured _ _ do
Non agricultural products, total
_ do __
Furs and manufactures
do
Nonferrous ores, metals, and manufactures,
total
thous. of dol- _
Copper, incl . ore and manufactures _ . _ do_ _ _
Tin, including ore
do
Paper base stocks
__
do _ Newsprint
do
Petroleum and products
do
876, 107
918, 088
804, 618
1,052,254
922, 265
855, 928
1,004,240
1,012,404
901, 626
?
933, 763
907, 885
r
30 325
150,077
170 379
206, 861
84 550
233, 916
34, 972
165, 295
190 700
219, 224
86, 231
221, 665
35, 650
124, 144
175, 518
202, 260
83, 900
183, 145
56, 798
185, 444
201,012
228, 973
134, 628
245, 399
53, 935
170,575
180,449
183, 865
137,275
196, 165
45, 119
] 40, 520
172, 292
184,930
121, 436
191, 632
48, 568
154,992
214, 543
214, 918
150,420
220, 799
61 716
1 77, 403
207, 845
212,304
147,441
205, 696
5 510
164,010
194 857
210, 185
103, 991
178,074
44 831
175,200
200 047
222, 790
101 994
188, 900
423
8,288
323
6,855
1, 851
7,398
7,739
7,013
6,840
9,591
2,334
9,734
2,328
9,202
4, 554
7,289
2,497
5,499
9,302
21, 710
590
24, 231
23, 625
18, 914
18, 994
8,145
19, 976
1,272
24, 648
24, 631
22, 773
18, 873
6,685
20, 262
518
19, 926
20,919
13, 682
13, 852
24, 633
30, 961
256
27, 472
24, 666
91 282
15. 787
15, 915
24, 527
678
27, 177
23, 045
19, o06
19, 422
14, 347
17, 148
818
22, 358
15, 439
18, 854
20, 750
6, 965
19, 848
571
23, 865
22, 032
18, 547
19, 716
14,161
23, 325
1,196
26, 082
22, 330
19, 347
23, 937
11,292
20, 540
499
21 , 935
21,150
18 023
25 929
11,717
19, 133
11 019
1.617
42, 762
15, 473
23, 283
17,264
1,441
46, 056
12, 552
23, 797
14, 124
982
38, 678
14, 289
22, 748
17, 577
559
42, 7] 7
14,161
20, 991
13,497
810
37, 535
12, 939
17, 675
10, 153
402
44, 874
17,355
28, 071
15, 381
2, 005
51,361
18, 784
26, 227
12, 123
J,128
46, 934
206, 065
305, 424
16 444
88, 896
36, 518
36 324
36, 755
25, 202
34, 804
880, 441
218, 880
287, 126
19, 574
Y6, 739
31, 261
30 066
24. 431
29, 486
32, 964
966, 133
228, 942
202,178
355, 952
250, 443
22, 245
15, 737
81 , 653
57, 678
36, 895
27, 778
41 975
28, 1 65
26, 468
20, 275
33, 160
51,490
32, 585
35, 81 4
796, 195 1,022,526
183, 853
311,272
22, 642
57.817
24, 844
33 519
36, 600
41, 928
34, 575
913, 380
184, 887
294, 594
15,042
58, 576
26, 314
31 029
32, 773
37. 861
34, 751
847, 414
214, 909
351, 998
20, 886
67, 596
28, 143
37, 494
48,713
44, 221
39, 259
991, 841
205 172
177. 201
101,914
220, 571
175, 582
268 444
162, 055
89,410
243. 927
202, 297
181, 677
152, 183
74, 802
208, 513
179, 020
246 727
229, 543
80, 176
275,415
190, 664
235. 401
190, 685
85,457
226, 328
175,509
207 846
175,810
76, 307
221, 684
165. 766
359. 095
6,344
126 550
3, 936
30, 807
40, 161
25, 047
521, 346
4,924
371, 275
2,897
109, 608
4,854
32, 648
19, 528
63, 072
594, 870
7,035
290, 334
8,653
95', 080
3,713
27, 077
13, 708
16, 719
505, 860
2,611
410, 953
24, 650
149, 133
5, 437
41,921
18, 080
27, 549
611,573
8,585
382, 547
20, 084
123,611
5, 315
35, 465
33, 282
38, 999
530, 833
7.578
114, 504
47, 703
23, 611
26, 605
49, 899
52, 230
122, 889
41, 844
30, 693
27, 071
51, 003
64, 466
103, 083
40, 616
20, 889
27, 323
48, 289
54, 332
144, 037
49, 717
26, 806
29, 675
53, 604
71,635
114,937
34, 452
30, 687
26, 031
46, 106
65, 360
r
r
841, 137
43, 008
145, 703
204, 207
203, 799
103, 028
208, 140
44 570
145, 040
178 985
204, 274
94 626
173, 642
1 262
7,786
1,589
6,361
786
7, 273
1 2, 527
19 247
265
22 579
22, 563
22 056
34, 882
8,561
15, 403
601
19,486
23, 727
20, 974
24, 992
13, 065
15, 220
1, 538
15, 559
26, 493
14, 910
22, 395
14 409
22, 948
13 209
876
45, 656
17 905
25, 487
11 549
1,131
44 400
20, 483
24, 388
12, 725
1,134
53, 866
13, 963
22, 887
11, 470
44, 322
212,272
337, 552
18, 549
59, 677
27, 304
43 764
50, 054
39, 573
33, 573
997, 691
210, 174
266, 724
14, 577
43, 197
27, 170
35 066
40. 255
26, 993
37, 208
891, 102
222 624
274, 477
16 093
48, 619
30 403
34 121
39 495
28, 774
34 216
925, 613
203, 624
294, 732
27, 731
56, 753
20, 278
41 713
40, 680
26, 207
35, 643
892, 595
204, 101
253, 655
9, 964
48, 030
17, 238
42 827
45, 095
23, 263
35, 791
835, 606
233. 896
207, 899
106, 062
243,141
200, 844
223 930
215, 706
104, 214
260, 145
193, 696
219 125
150, 643
99, 315
239, 091
182, 928
228 192
148 196
105, 274
260 284
183, 667
215 902
157, 746
101,226
232, 061
185, 661
203, 021
146,711
95, 442
221, 050
169, 383
335, 271
15, 120
121, 604
4, 794
28,816
31, 237
29, 129
512, 143
5, 538
405, 857
13,101
150, 361
5, 936
33, 458
44, 450
30,011
585, 985
9,789
422, 200
17, 662
148, 425
8,765
33 938
44, 531
29, 572
575, 491
6, 915
331,416
17,390
87 985
8,110
29, 106
42, 786
24, 240
559, 686
5 529
328, 978
17, 282
88 607
9,162
30,217
49, 431
22, 192
596, 635
6 468
327, 459
13, 754
102, 599
6,199
26, 445
43, 058
27,815
565, 136
5 506
302, 602
9,343
92, 939
6, 502
21, 683
43, 779
19, 485
533, 004
5 596
119,542
43, 039
24, 555
24, 219
43, 841
67, 702
122,919
36, 298
29,169
24, 039
49, 808
64, 539
127, 389
47, 099
24, 1 39
23, 677
51, 661
56, 802
118,906
44, 041
22, 652
25, 003
48, 600
62, 633
137, 901
52, 083
23 259
27, 082
50, 828
61,049
113, 638
41, 501
19, 501
22, 828
48,314
59, 554
100, 902
31, 704
17. 607
27, 800
51 934
58, 201
T
p 923, 000
TRANSPORTATION AND COMMUNICATIONS
TR AN SPORT ATION
Airlines
Operations on scheduled airlines:
36, 213
Miles flown, revenue. _ . _ - __ _ _ _ - thousands. _ 35, 666
Express and freight ton-miles flown __ do-_
13, 720
15, 826
5,731
Mail ton-miles
flown
_
do
5,225
2,183
2,128
Passengers carried, revenue_ __ ___
do - . _
Passenger-miles flown, revenue
__
_
do - _ 1,121,868 1, 119, 674
Express Operations
Transportation revenues.
thous. of dol
33, 934
35, 727
13,819
Express privilege payments
__
do 15, 295
Local Transit Lines
Fares, average cash ratef
cents__ 12. 1949
12. 2330
969
Passengers carried, revenue
millions
1,042
Operating revenues
thous. of dol.
117, 600
132,000
Class I Motor Carriers (Intercity)
Carriers of property (quarterly totals) :
Number of reporting carriers.. _ .
1,007
Operating revenues, total
thous. of dol
520, 1 36
490, 157
Expenses, total
.- do_
28, 637
Revenue freight carried
thous. of tons
34, 211
35, 632
35, 931
33, 836
37, 707
37, 681
39, 550
41, 782
39, 517
42, 004
14, 459
13,133
14, 566
16, 591
14, 967
14, 065
13, 992
14, 033
13, 426
13 650
5,554
5,574
5, 346
7,947
5,971
5,829
5,874
5,541
5 557
5 352
1,879
1,839
1,828
1,845
2,059
2,238
2,354
2, 409
2,265
2,385
972, 158 1, 018, 400 1, 040, 706 1, 000, 839 1, 154, 796 1, 206, 462 1, 218, 245 1,320 710 1, 305, 097 1 332 565
32, 426
11, 937
43, 768
17, 782
30, 918
11, 253
29, 977
10, 698
35, 475
14, 210
33, 121
13, 527
31, 032
11,410
32, 613
12 845
29, 890
10 536
31, 162
12 166
12. 4301
959
126, 100
12. 5042
1,053
143, 700
12. 5890
953
127, 300
12. 6716
892
120, 300
12. 7330
1,004
130, 900
12. 7818
977
129, 200
12. 8008
972
126, 600
12. 8432
9^7
121, 100
12. 8941
878
120, 500
12. 9386
831
121, 500
Carriers of passengers (quarterly totals):
Number of reporting carriers
166
Operating revenues, total
thous. of dol
118, 351
95, 555
Expenses, total
do
Revenue passengers carried
thousands _ _ 99, 819
r
Revised.
c?Revisions for January-July 1952 will be shown later.
©Including Manchuria beginning January 1952.
fData have been revised (beginning August 1945) to include fares charged by transit
will be shown later.
1,001
587, 689
575, 386
32, 383
1,066
583, 773
546, 096
32 588
167
100, 096
90, 435
92, 146
166
86 813
83, 840
84, 657
168
102, 976
89, 974
91, 406
12. 9767
865
::::::::::
companies operating in cities having a 1950 population of 25,000 or over; earlier data prior to August 1952
SURVEY OF CURRENT BUSINESS
November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-23
1953
1952
September
October
November
December
January
February
March
April
May
June
July
August
September
TRANSPORTATION AND COMMUNICATIONS—Continued
1
TR A N SPORT ATION—Con ti nu ed
Class I Steam Railways
Freight carloadings (A. A. R.):c?
Total cars _
thousands
Coal
_
do
Coke
_
do
Forest products
do
Grain and grain products
do. Livestock
do
Ore
- do
Merchandise, 1 c 1
do
Miscellaneous
do
Freight carloadings (Federal Reserve indexes):
Total, unadjusted
1935-39=100..
Coal
do
Coke ... do
Forest products
do
Grain and grain products
do .
Livestock
do
Ore
._
do.
Merchandise, 1. c. 1 .
_. __ do ...
Miscellaneous
do
f 3, 364
636
57
179
49
••388
289
1.579
3 294
439
58
178
221
66
357
302
1,673
4 001
713
74
225
253
67
371
360
1, 938
2 671
517
60
164
168
36
85
265
1,377
3 352
631
75
203
219
40
96
318
1 770
2 731
470
61
173
159
26
78
274
1 490
2 802
451
59
175
170
27
83
288
1 549
2 957
455
55
179
166
32
245
281
1 544
3 883
626
71
217
215
41
438
346
1,929
3,204
540
56
186
219
29
369
268
1,537
2,964
397
50
172
236
25
378
257
1,450
4,022
678
64
238
254
38
473
347
1,930
3,153
532
49
176
198
40
361
271
1,526
145
135
187
151
138
93
352
48
155
138
93
185
146
157
117
314
48
158
138
123
195
149
144
95
258
47
150
120
111
200
135
123
66
77
43
135
121
108
193
139
128
59
70
42
138
119
97
191
140
112
46
69
43
140
122
92
186
142
119
47
79
45
146
127
96
175
144
117
58
231
44
146
132
106
182
143
124
58
315
45
148
133
105
176
151
158
52
328
43
146
128
94
162
147
166
46
341
42
141
134
112
162
153
142
55
331
44
146
137
114
162
148
147
78
324
45
150
134
Total, adjusted
do
Coal
do
135
Coke _ do
189
140
Forest products
.. _
do ._
123
Grain and grain products
do
Livestock. ._
.
__ _
do ...
70
Ore
do
235
Merchandise, 1. c. 1
do
45
Miscellaneous
do
144
ITrright-car surplus and shortage, daily average:
5, 693
Car surplus, total
. ...
._ .number
331
Box cars.
. _ .
do .
Gondolas and open hoppers
do
113
Car shortage, total _
do
12, 028
Box cars _
do
3,822
Gondolas and open hoppers
do
7,691
Financial operations:
Operating revenues, total
thous. of doL. r* 942, 157
Freight
do
796 028
Passenger, _ _ _ _ _ _
do
' 70, 581
Operating expenses. .
. _ _ _ - _ _ . do
r 674, 594
Tax accruals, joint facility and equipment rents
thous. of doL_ r>• 146, 252
Net railway operating income
do
121,311
Net income J
do
94 456
Operating results:
Freight carried 1 mile
mil. of ton-miles
58 213
Revenue per ton-mile
cents
1. 430
2,696
Passengers carried 1 mile, revenue.- . millions. .
128
93
188
139
157
76
233
46
145
134
123
195
152
147
76
233
46
144
131
111
191
152
131
69
248
45
144
134
108
184
154
128
62
278
44
151
130
97
181
146
114
132
92
184
142
130
60
273
45
154
129
96
178
144
133
66
237
44
148
130
106
183
137
141
65
237
45
146
128
105
179
145
155
60
212
43
142
123
94
167
146
138
60
213
42
139
130
112
169
145
131
58
221
44
145
126
114
164
137
131
59
216
43
139
8, 914
25
6, 996
14, 194
5,294
33
2,030
7,075
4 253
2,472
24, 003
8, 113
10 456
792
449
173
79, 262
21 625
46 558
827
564
137
73, 260
7 429
56 584
1 745
976
203
58 597
5 584
43 375
1 501
602
341
40, 222
12 461
16 278
2 269
1 385
527
25, 302
7 511
7 400
4 129
3 111
673
32, 717
2, 315
23 982
3.934
3 400
246
21,134
2, 761
9 715
2, 486
1 769
525
11,074
1,710
1 202
• 3, 546
2 530
953
634
046
880
508
924, 362
776 260
75 342
688 949
925, 949
773 517
79 704
701,399
924, 754
773 524
76 799
689, 467
904, 263
763 094
66, 111
673, 210
131, 112
99, 942
' 186
5, 169
275
45
149
69
8
51
1
294
145
776
3 "6
768
194
812,
684
64
621
968
368
738
092
985, 215
838 101
66, 027
707, 483
908,
769
65
661,
157, 064
120, 669
92 073
136, 088
110 687
84 158
114,091
109 602
141 852
121, 242
80 075
57 595
114,076
77 800
55 943
129, 134
93 570
71 997
130, 392
101 509
77 241
125, 733
95 393
74 420
135, 740
99 673
79 232
130, 122
94, 428
71 988
133, 651
101 636
81 526
58, 066
1. 503
2,481
56 975
1.417
2,416
50 753
1. 552
3,118
51 756
1 458
2, 943
47 714
1 502
2 389
53 227
1 536
2 491
52 570
1 523
2 499
56 296
1 429
2 490
55 194
1 474
2 830
53 746
1 509
3,106
57 490
1 416
2,965
9,723
6,523
3 200
9, 637
6,467
3,170
8,687
5,813
2 874
8, 560
5, 994
2 565
8,064
5,713
2 351
7 271
4,947
2 324
8 134
5, 521
2 61'3
2 888
1,148
3,261
1,236
2 866
1,077
3 057
1,109
3 037
940
3 009
947
3 233
1 168
3 182
1 256
3 153
1 064
3 265
1 045
3 236
1 029
3 265
1 056
2 934
1 004
6.91
78
251
7.13
83
259
7 17
72
241
6 49
63
233
6 69
76
249
6 77
' 78
245
6 49
76
230
7 14
78
264
6 51
274
7 04
77
270
6 71
71
239
7 44
73
250
7 26
76
256
13, 402
25 062
1,603
73, 084
55, 698
1, 579
16, 178
21 497
982
60, 671
50, 824
»• 1, 383
16, 225
17 109
375
56, 399
53, 130
1,631
15, 957
19 466
237
59, 980
63, 018
1 477
12, 699
26 700
253
63, 298
71 506
1 476
10 656
40 199
328
74,917
76 349
2 236
13 428
47 501
' 419
69, 358
86 172
2 314
13 992
57 560
599
69, 711
85 632
1 945
14 251
53 901
1 030
83, 504
112 186
2 030
16 089
44 057
2 439
36 929
4 004
26 479
4 040
23 999
2 005
718
9,113
717
9,064
665
8,368
766
9,664
919
11,610
741
9,388
748
9,817
696
9,132
656
8 622
693
9 120
656
8 652
627
8 268
357, 925
210, 387
120,911
370, 929
216, 164
127, 665
359, 634
214 751
117 549
380, 586
223 190
129 766
374, 578
222 116
124 327
363 949
219 159
116 260
378 836
223 607
126 615
380 115
225 848
125 153
385 809
228 180
128 219
386 901
228 995
128 304
388 856
227 324
131 298
255, 480
40, 878
41,419
261,973
44, 112
41,621
251, 155
43, 950
41, 786
273 404
50, 534
42, 068
260 513
45, 507
42, 116
248 719
46' 270
42, 298
264 660
45 385
42, 488
262 177
47 354
42, 670
278 219
47 103
42 850
267 821
47 586
42 956
279 484
43 386
42 105
17,842
15, 850
1,253
15,881
14, 761
435
18, 962
16, 225
2 370
16, 937
15, 487
655
16, 033
14 178
1 097
18, 245
15 325
2 136
17,710
15 187
1 734
17, 977
15 835
1 346
18, 401
15 802
1 820
17,617
16 332
528
2 470
1,804
438
2 272
1,820
256
2 603
1,919
436
2 456
1,875
360
2 293
1,778
296
2 617
1,869
512
2 276
1,846
229
2 257
1,855
194
2 01 e
2
344.
2 070
1,777
1.946
180
1,803
355
2 611
2,160
360
2 391
2,069
267
2 799
2,297
489
2 453
2,133
192
2 346
1 992
222
2 657
2 130
390
2 545
2 166
299
2 480
2 100
249
2
004
593
025
229
935,
762
84
711,
061
543
069
367
863,
713
79
661,
001
727
199
684
919,
779
67
1
696
617
580
052
914
905,
765
67
1
673
605
798
093
704
901,
763
66
680
Waterway Traffic
Clearances, vessels in foreign trade:
Total U. S. ports
thous. of net tons. Foreign,,
do
United States
_
do
Panama Canal:
Total
._
thous. of long tons
In United States vessels
do.
Travel
Hotels:
Average sale per occupied room .
dollars
Rooms occupied
percent of total
Restaurant sales index
same month 1929— 100_.
Foreign travel:
U. S. citizens, arrivals . number
U. S. citizens, departures
_
do
Emigrant aliens departed
do ._
Immigrant aliens admitted
_
do
Passports issued
do
National parks, visitors
._ . thousands
Pullman Co.:
Revenue passenger-miles
millions. .
Passenger revenues
.--thous. of dol _
COMMUNICATIONS
Telephone carriers:
Operating revenues
thous. of dol
Station revenues
. do
Tolls, message
... ....
do
Operating expenses, before taxes
Net operating income- . _ .
Phones in service, end of month
do
do
thousands. _
105, 868
63, 766
r 2 2, 110
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous. of dol._
17, 251
Operating expenses, inch depreciation, do
15, 534
Net operating revenues
do
974
Ocean -cable:
Operating revenues . _
do
2 377
Operating expenses, incl. depreciation
do
1,779
Net operating revenues. . . ._ _ __ _ d o _ _ _
383
Radiotelegraph :
Operating revenues
_
.
do
2,461
Operating expenses, incl. depreciation., do _ .
2,090
Net operating revenues
do
259
r
r
333
ccrj
2 130
288
17, 221
15 709
816
coo
9 49H
2 174
232
2 139
2
1 (\4.
'Revised.
1 March data include operating expenses amounting to $17,700,000 which are applicable to the months of December 1952-February 1953; April data, $2 400 000 applicable to
December 1952-March 1953.
2 Revisions for July and August 1952: 3,369; 2,706.
{Revised data for August 1952, $81,190,000.
cfData for November 1952 and January, May, and August 1953 are for 5 weeks; other months, 4 weeks.
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1953
1952
September
October
1953
November
December
January
February
March
Aj>ril
May
June
July
188, 173
276
68, 391
51, 823
235, 596
192, 424
216
69, 703
66,194
241, 177
185, 194
(i)
65, 371
77, 859
235 153
185. 51 5
0)
69, 603
83, 907
241,110
66, 056
60, 570
65. 270
65, 890
65, 960
62, 050 ' 62, 178 r 65, 369
Hydrochloric acid (100% HC1)
do ..57, 908
1,194
1,444
964
709
1,144
381
Lead arsenate (acid and basic1)
_
do
0)
(0
0)
156,
824
134,
352
139,
178
146,
594
141,
444
140, 866
147, 180
157,
508
Nitric acid (100% HNOs)
do ._ 134, 588
2.161
2,182
2,278
2, 336
2,197
Oxygen (high puritv)
mil. of cu. ft _
2,023 r 2, 251 r 2,175 r r 2, 296
207, 747
199. 765
214, 811
210, 153
218, 427
206, 792 181, 350
177 178
Phosphoric acid (50% BSPO^
short tons »• 186 282
Soda ash, ammonia-soda process (98-100%
422. 365
432, 747
370, 735
438, 427
423. 755
405,
778
431,
598
414
557
Na->CO-0
short tons
349
218
r
r
r
r
9,234
10, 534
8,490
7,440
8, 034
8, 644
8, 234
8, 339
Sodium bichromate and chromate
do
7, 426
r
256, 482
269, 311
274, 614
278, 970
288, 216
242 114 r 260 156 r 256 495 r 259 598
Sodium hydroxide (100% NaOH)
do
Sodium silicate, soluble silicate glass (anhydrous)
r
54, 037
41. 181
41,950
57, 708
44 373 r 45 891
49, 941
short tons
45 147 r 60 995
Sodium sulfate, Glauber's salt and crude salt cake r
T
81.814
78, 422
73, 221
79, 776
80, 383
76 068 r 81 436
75 070
short tons
69 413
Sulfuric acid:
Production (100% HjSO-O
do
1 076 337r 1 164 978 r l 159 217r 1 192 921 1, 184, 405 1, 116, 994 1, 270, 151 1, 206, 913 1, 257, 882
Price, wholesale, 66°, tanks, at works
20.00
20.00
20.00
20.00
20.00
20.00
20.00
20.00
dol. per short ton..
20.00
Organic chemicals:
Acetic acid (synthetic and natural), production
42, 105
39, 858
33, 894
39, 241
42, 985
44, 211
40, 688
38, 746
thous. of Ib
32, 781
61. 361
69, 515
72 855
67, 175
67, 380
71, 065
80 829
71, 448
74 404
Acetic anhydride production
do
1,342
1,145
1,120
1,115
1,278
1,189
1,
195
1,137
807
Acetvlsalicylic acid (aspirin) production do
Alcohol, ethyl:
44,
681
43,
394
31,
552
42,
182
46,
161
45,
013
35,
839
46,
837
36,
439
Production
thous of proof gal
74, 492
84, 263
78, 581
81, 702
83, 245
77, 701
85, 838
64, 238
87. 430
Stocks total
do -.
In industrial alcohol bonded warehouses
54, 872
56 948
55, 022
42, 281
44, 833
52. 686
54, 592
46, 419
thous of proof gal
48 430
19, 470
23, 709
39, 421
38,412
31, 577
20, 753
9, 646
39, 419
39, 000
Tn denaturin^ plants
do
34, 435
35, 640
35, 349
40, 320
35, 172
34, 286
40, 638
56, 224
Used for denaturation
do
31, 249
1,892
2,105
2,030
1, 815
2,101
2,058
1,448
2,171
2 057
Withdrawn tax-paid
do
Alcohol, denatured:
19, 201
19, 613
21, 659
18, 414
19, 226
19, 037
30, 199
2?., 417
16, 987
Production
thcus of wine eal
23, 105
21,845
20. 225
19, 166
18, 428
23, 665
17, 583
25, 169
16 799
Consumption (withdrawals)
do
8,855
7,084
9,689
10, 207
8,548
8.285
14, 909
7,347
7,326
Stocks
do
12,386
14,015
13 666
12 785
12, 631
10, 813
11 505
12 868
12 277
Cresote oil production
thous of "'il
7,222
8,082
7,423
6,004
S,
375
6,925
7,685
7,363
Ethyl acetate (85%) production
thous. of Ib
7,984
Glycerin, refined (100% basis) :
High gravity and yellow distilled:
6,762
6,993
7,043
6,701
7,380
7,602
6.898
8,097
7,279
Production
do
7,102
7,092
6, 503
6,276
6,787
6,219
6,866
8,101
6,975
Consumption
do
15, 912
15, 660
11, 006
12, 998
12, 697
14, 856
11, 447
11. 370
12, 066
Stocks
- do
Chemically pure:
14, 331
12, 181
14, 722
13, 276
10, 629
11, 663
13,258
11, 147
Production
_ _
__ __ d o _ _ _ 10, 040
8,233
7, 552
7,698
7,527
8,217
7,897
8,886
7.608
7,991
Consumption
do
24, 049
16, 069
17, 644
21, 323
15, 336
14. 595
20, 146
16, 211
17, 173
Stocks
do
Methanol, production:
r
192
204
153
148
184
' 173
' 166
188
' 228
Natural (100%) I
thous. of gal
12, 553
12, 469
15, 544
14, 027
11, 890
13, 275
13, 329
13, 367
11, 143
Synthetic (100%^
do
20, 013
21, 841
17, 519
18, 181
20, 480
19, 978
18, 481
19, 036
17, 954
Phthalic anhydride production
thous. of Ib
63, 342
822
134 227
2, 035
198 325
62, 463
63, 073
140.
268
r
1,992
195, 728
144, 624
2, 125
209 923
390 988
11,414
277 495
408 351
10,177
282 175
414 642
10, 273
274 365
41 270
36 639
75 609
77 869
August
^b^111"
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production^
Ammonia, synthetic anhydrous (commercial)
short tons r 172. 986 184, 319
n)
Calcium arsenate (commercial)
do
0)
Calcium carbide (commercial''
do _ _ r 47, 947 r 56, 315
54, 882
65, 340
Carbon dioxide, liquid, gas, and solid
do
' 209, 906 ' 229, 511
Chlorine gas
do
178, 562
(i)
56, 150
r
46,
117
r
219, 536 f
193, 507
(i)
61, 903
r
45. 562
224, 868
188, 882
419
65, 788
44, 463
231,017
173. 857
926
61.913
43, 997
217, 261
189, 644
534
68, 946
52, 950
233, 081
r
T
r
0)
44 433
78 818
r
193, 932
(i)
66, 498
82, 974
237 835
1 163 791 1,155,529 1,118 288
» 22. 35
22.35
22. 35
48, 871
82 359
959
44, 546
75 406
1,111
40 645
72, 519
39 034
75, 501
31 934
71, 878
53 812
18 707
37, 469
2 206
53 731
21 770
36, 557
2 106
30 364
21,514
35, 346
1 944
20 126
23 309
6, 844
13 570
8,200
19, 649
20 890
5, 575
11 448
7,343
19, 058
17 861
6, 803
13 704
4,995
7, 653
6, 265
17, 999
5, 161
6, 037
16, 591
5, 235
6,400
15, 834
7,783
6,498
16, 529
12, 234
9,021
25, 774
10, 747
8, 536
25, 580
12, 797
8 899
25, 813
11, 322
8,877
24, 605
146
14, 326
20, 375
165
13, 861
19, 659
22.35
40 219
74 568
1 117
r
189
12. 683
18, 059
r
FERTILIZERS
Consumption (12 States) §
Exports total
Nitrogenous materials
Phosphate materials
Potash materials
thous of short tons
short tons
do
- do
do
Imports total
do
Nitrogenous materials total
do
Nitrate of soda
do
Phosphate materials
do
Potash materials
do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
port warehouses
dol. per short ton
Potash deliveries
short tons
Superphosphate (100% A.P.A.)cF
Production
short tons
Stocks end of month
do
599
171, 683
28, 068
124, 084
5,893
559
242, 814
7,955
219, 806
12, 602
572
169, 991
7,850
148, 848
7,848
685
141, 260
7,345
113, 557
8,686
924
140, 760
5,946
116, 482
6,637
1,324
161, 193
5,336
139, 696
9,161
2,030
199, 096
6,853
179,311
7,814
1,863
227, 068
14, 628
201, 527
6,734
910
230, 296
5,650
214,016
6,101
426
311, 892
7, 367
295, 012
5, 463
219
272, 139
6, 425
254, 557
5,507
2
228
306, 740
5,484
287, 477
6,913
228, 999
181, 487
69, 563
6, 460
33, 020
220, 929
170, 367
69, 842
10, 856
25, 556
193, 988
138, 598
66, 738
26,124
16, 698
194, 599
140, 058
50, 743
8,735
31, 923
232, 080
180, 359
41, 722
12, 400
27, 654
296, 708
245, 377
37, 565
4,521
30, 831
364, 728
291, 591
75, 600
11,610
29, 031
417, 574
330, 194
88, 419
11,527
40, 955
299, 677
239/888
92, 119
5,080
13, 819
249, 670
205, 411
86, 555
10,719
9,596
168, 940
132, 082
19, 489
8,434
14, 686
166, 587
133, 866
22, 949
8,694
9,288
57.00
149, 678
57.00
142, 726
57.00
127, 884
57.00
133, 733
57. 00
139, 339
57.00
167, 733
57.00
214, 470
57.00
183, 982
57.00
142, 816
57.00
108, 479
57.00
130, 816
57.00
133, 370
151,444
231, 501
160, 623
243, 433
8.45
8.60
167, 152
253, 343
188, 722
252, 582
165, 229
251, 707
169, 459
271, 922
174,796
279, 846
174, 494
257, 996
200, 068
206, 673
215, 197
163, 678
196, 945
181, 727
164, 600
214, 636
8.60
8.60
8.35
r
r
P 53.00
132, 228
NAVAL STORES
Rosin (gum and wood) :
Production semiannual total
drums (520 Ib )
Stocks end of period
do
Price, gum, wholesale, "WG" grade (N. Y.), bulk
dol. per lOOlb.Turpentine (gum and wood):
Production semiannual total
bbl (50 gal )
769, 520
3 859, 380
948 760
904 650
8.70
8.50
8.50
8.40
8.90
8.80
8.80
233, 670
331, 000
3 228, 880
214 640
.60
.60
.60
.62
.62
.60
.62
dol. per gal_.
2
* Not available for publication.
Data for 10 States, excluding Indiana and Missouri.
»7.73
.60
.60
.59
.59
.59
J>.59
Price, gum, wholesale (N. Y.)
r
3
Revised.
* Preliminary.
Revisions for March 1952: Rosin 722,580 drums; turpentine,
194,450 bbl.
^Revisions prior to September 1952 will be shown later.
§States represented are: North Carolina, South Carolina, Georgia, Florida, Alabama, Tennessee, Arkansas, Louisiana, Texas, Oklahoma, Indiana, and Missouri. According to quarterly
reports from Virginia and semiannual reports from Kentucky, consumption in those States is as follows (thous. short tons): Virginia—1952—July-September, 90; October-December, 100; 1953—
January-March, 319; April-June, 322; Kentucky—1952, July-December, 225; 1953, January-June, 453.
cf Prior to the October 1953 SURVEY, data were shown in short tons of 18% A. P. A. (available phosphoric acid).
SURVEY OF CURRENT BUSINESS
November 1953
S-25
19 52
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
September
October
1953
November
December
January
February
March
April
May
June
1
1
July
August
September
CHEMICALS AND ALLIED PRODUCTS—Continued
MISCELLANEOUS
Explosives (industrial),
shipments:
Black blastin0" powder
thous oflb
High explosives
do
Sulfur:
Production
thous. of long tons
Stocks
do
1 010
66, 177
1 184
66, 621
1 016
59 840
902
56 709
1 056
56 212
812
56, 871
710
58, 876
634
63 170
553
64 562
503
64, 765
579
61,167
754
68, 135
918
67 850
429
3 081
431
3 065
436
3 054
423
3 069
419
3 130
382
3 089
472
3 043
480
3 001
455
2 867
419
2 920
424
2 960
451
3 037
416
3 059
290, 840
110,119
329 643
358, 024
128,965
296, 004
367, 547
104, 045
327,150
431,751
105, 973
406, 370
427, 887
113.586
460, 719
343, 522
127,834
453, 996
344, 181
128, 956
449, 299
331,952
125,007
443, 138
311,131
126, 654
431, 798
300, 366
116,414
413,191
291, 364
101,330
380, 414
'276,369
107, 346
318, 383
282, 060
121, 630
280 903
43,600
37, 100
107, 634
54, 838
44, 866
101,152
55, 434
34, 533
107, 530
57, 588
32, 518
114,150
57, 636
39, 197
117,840
51,541
35, 222
115,820
51,090
40, 361
109, 800
52, 056
34, 996
105, 854
52, 336
33, 926
105, 053
50, 838
32, 625
99, 715
46,140
23, 966
106, 866
45, 152
31, 879
103, 388
43, 702
30, 324
102, 327
13,407
11,763
89,990
9,268
15, 957
103,115
5,743
14, 975
92, 801
3, 037
10, 832
90,117
486
17,820
76, 380
223
14, 599
65, 644
244
11,930
51,459
1,844
11,443
47, 180
8,000
12,989
46, 731
18,087
10, 672
46, 797
27, 357
11,148
51, 287
28, 839
10, 246
74, 408
30, 052
12, 073
90, 397
433
413
627
566
592
532
566
562
572
551
488
521
510
546
457
525
415
458
369
446
322
378
379
426
456
479
962
438
1,049
474
1,096
578
1,115
689
1,147
1,112
872
1,102
967
1,074
1,044
1,052
1,072
985
1,095
970
1,077
FATS, OILS, OILSEEDS, AND
BYPRODUCTS
Animal fats, greases, and oils:
Animal fats:
Production
thous. oflb
Consumption, factory
do
Stocks end of month
do
Greases:
Production
_do
Consumption, factory
do
Stocks, end of month. ..
. _ do
Fish oils:
Production
_
-do
Consumption, factory
do
Stocks, end of month - _ _ .
.
do
Vegetable oils, oilseeds, and byproducts:
Vegetable oils, total:
Production crude
mil. oflb
Consumption, crude, factory - _ __ _ do_^ _
Stocks, end of month:
Crude
- _ _ do
Refined
do
111
r
41,414
Exports
thous. of Ib
18 102
18, 942
30, 808
15, 915
» 27 991
17, 699
18, 875
35, 276
15 467
39, 291
44, 941
33, 521
36, 190
37, 953
Imports, total
. .
_
do..
32, 922
33, 909
25, 247
60, 054
33, 425
2
494
2, 644
2,336
3 664
2 153
441
877
554
733
Paint oils
do
2 481
24, 369
42, 604
32, 526
35,459
36, 647
All other vegetable oils _ _ _
..do
32, 692
30, 769
33, 468
32, 966
57, 573
Copra:
19, 014
30, 262
29, 421
Consumption, factory
short tons..
32, 550
35, 228
29, 524
27, 095
28, 611
31,031
25, 546
12,324
Stocks, end of month
do
14,416
11,277
18, 786
16, 591
12 900
10 070
17 729
Imports
do
19 969
18 883
43 529
25 218
24 683
23 507
26 583
29 029
23 426
38 517
Coconut or copra oil:
Production:
24, 232
32, 318
38, 622
Crude
thous. of l b _ _
41,096
34, 491
36, 332
45, 425
37, 590
39, 520
37, 619
31,423
Refined
_ . - _ . do
38, 003
29, 174
41, 035
27,041
29, 922
26, 959
30, 958
29, 970
26 942
Consumption, factory:
Crude .
do
45, 998
61 , 323
47, 506
47,818
56, 545
42 439
44, 820
43, 527
45, 273
41,591
26 344
34 112
24 030
25 409
27 093
23 063
35, 858
27 401
Refined
do
27 053
23 201
Stocks, end of month:
Crude
do
46 974
44 552
30 782
42, 465
45, 915
36, 744
38 685
47 506
41 113
41 411
8, 334
8,415
7, 616
8,241
Refined
__
_ do
7,677
7,429
8, 759
7,980
7 723
8 809
Imports
do
14, 152
16 162
10 137
5 298
10 846
9 896
13 615
9 069
19 Oil
7 079
Cottonseed:
222
Receipts at mills
thous. of short tons__
44
1,170
14
1,757
1,097
539
100
38
28
Consumption (crush) __
do
521
782
719
655
208
550
480
266
666
377
Stocks at mills, end of month
do
2,010
2,388
1,035
1,391
361
2,261
1,827
949
614
197
Cottonseed cake and meal:
Production
short tons
379 384
348 802
248 660
310 755
262 173
129 515
317 680
231 782
99 667
181 730
Stocks at mills, end of month§__
do
115,114
144, 420
81, 857
210,115
155,303
194 047
208, 612
178 690 1 140 897 i 122 619
Cottonseed oil, crude:
Production
thous of Ib
156 459
249 604
231 827
211 130
180 541
95 387
165 269
133 124
213 966
74 529
Stocks, end of month
do
188 505
103 809
178 757
170 739
162?946
84 671
178 154
56 418
149 973
115 605
Cottonseed oil, refined:
Production
do
190 034
71 655
173 856
185 476
173 738
198 592
169 882
159 289
119 424
96 142
Consumption, factory . _ . _
_ _
do
119, 867
86, 397
103, 262
104 450
90, 754
95, 697
99, 752
79 258
92 053
75 610
In margarine
do
32 434
29 016
29 288
24 707
26 480
25 781
23 109
17 430
18 144
19 744
Stocks, end of month § _
do
343, 165
445, 493
288, 212
627, 573
723, 763
544, 572
811,815
881 275
916 453
935 273
Price, wholesale, drums (NT. Y.)-_-dcl. per lb__
.191
.193
.228
.191
.195
.179
.233
.233
.233
.233
Flaxseed:
2
Production (crop estimate)
thous. of bu._
31,002
Oil mills:
Consumption _ _ _ _ _ . _ . _ _ _ do_
2,903
2,303
2 627
2,699
2 285
2 065
1 924
1 221
1 680
1 609
Stocks, end of month
do
5 461
5 621
6 154
4 355
4 967
3 679
2 822
2 063
2 136
1 449
Price, wholesale, No. 1 (Minn.)
dol. per bu__
4.08
4.17
4.04
4.10
4.10
3.90
3.95
3.84
3.76
3.65
Linseed oil, raw:
Production
_ _ __
thous. o f l b
51,336
58, 017
54, 620
46 016
46, 702
41,300
39 027
24, 497
31 975
34 663
Consumption, factory
do
51,841
53, 608
47, 674
41 602
42, 335
41 599
43 085
42 864
42 697
41 131
Stocks at factory, end of month
do
622, 079
626, 611
616, 537
643, 703
634, 959
641,675
636, 113
626, 180
599, 768
588, 812
Price, wholesale (Minneapolis)
dol. per l b _ _
.156
.151
.146
.150
.148
.148
.145
.151
.152
.150
Soybeans:
2
Production (crop estimate)
thcus. of bu
291 682
21 397
Consumption, factory _
_
do
14, 969
20 437
22 507
21 997
21 550
18 679
19 201
20 670
17 291
Stocks, end of month
do. _.
85, 496
65 741
11, 632
89, 783
79, 852
55 817
49 613
44 764
34 380
26 905
Soybean oil:
Production:
Crude
thous. of lb__ 155, 632
238, 300
230, 609
231,000
226, 935
200, 412
208, 414
221,783
226, 293
190. 086
Refined . . _ _ _ _
_ do.
166, 542
199, 066
173 576
202 969
198 811
186 396
203 529
198 287
175 291
185 566
Consumption, factory, refined
do
187 729
210 621
171 950
195 424
182 331
190 474
175 466
182 488
162 942
166 ^19
Stocks, end of month:
Crude
do
98 287
124 629
139 602
166 204
158 194
153 674
156 308
156 951
190 873
166 767
Refined
do
96, 020
75, 677
73, 545
83 716
87 118
88 275
98 342
103 952
100 864
106 456
Price, wholesale, refined (N, Y.)___dol. per l b _ _
.156
.151
.161
.168
.191
.191
.208
.'208
.208
.'208
r
Revised.
v Preliminary.
i See note marked "§".
2 Estimate for 1952.
3 October 1 estimate.
° Revision for February 1952; 58,897,000 Ib.
§Includes stocks owned by the Commodity Credit Corporation (beginning May 1953 for cake and meal and beginning 1952 for refined oil).
' 912
1.052
936
1, 049
18, 714
34, 838
1,194
33, 644
24, 499
30,146
2, 826
27, 320
23, 958
15, 997
21 759
28, 337
31,280
26, 372
35, 997
31 411
37, 129
31 763
39,125
22, 478
45 597
27 318
47 498
29 108
41, 803
8,732
8 013
37 393
9 019
11 774
46 250
9 540
113
155
155
276
182
250
1,323
508
1,064
75 673
i 91 549
86 379
i 59 948
241 458
i 112 687
55 418
42 451
57 397
37 830
157 634
89 090
67 740
68 663
15 664
928* 561
.220
59 998
83 622
16 724
918 585
'.206
97 992
89 270
18 044
927 026
p. 190
29, 498
17 895
72 839
3
39 Oil
1 311
2 064
3.50
2 200
1 738
3.56
2 754
2 068
3.85
26 764
45 511
575, 613
.138
43 904
49 644
' 562, 033
.142
55 033
46 290
562, 030
*.156
16 338
18 865
18 684
7 613
3 259 483
15 557
15 318
179, 503
155 987
155 641
208, 660
200 180
191 99°
172, 756
214 568
220 495
176 495
93 779
!208
161 242
82 103
.166
111 852
68 552
v . 170
SUEVEY OF CURRENT BUSINESS
S-26
November 1953
1953
1952
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
September
October
November
December
January
February
March
April
May
June
July
89, 896
20, 817
103, 203
20, 246
89, 753
23, 366
August
September
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS. OILS, ETC.—Continued
Vegetable oils, oilseeds, and byproducts — Con.
Margarine:
Production
thous. of Ib
Stocks (factory and warehouse)
do
Price, wholesale, vegetable, colored, delivered
(eastern U. S.)
dol. perlb_.
Shortening:
Production
. _ ....
thous. of Ib
Stocks, end of month
do
125, 694
18, 615
123, 403
23, 362
105, 480
21, 694
116, 840
25, 283
126, 580
23, 412
114, 037
25, 364
113, 421
23, 911
93, 279
23, 105
96, 053
18, 372
114, 574
19, 350
.281
.284
.284
.284
.284
.284
.284
.284
.284
.274
.274
.274
P. 264
140, 171
74, 126
178, 057
86, 653
126, 622
93, 678
131, 749
93, 668
141, 878
87, 976
134, 857
97, 290
137, 161
92, 646
141, 998
108, 894
118, 229
127,912
106, 815
126, 538
105, 858
113 700
130, 906
100, 911
152, 322
89, 440
thous. of dol
- do
do
117, 026
44, 636
72, 390
119, 754
49, 002
70, 752
94, 769
40, 808
53, 961
91, 050
41, 536
49, 514
107, 729
42, 960
64, 769
106, 176
43, 788
62, 388
121, 132
49, 645
71, 487
129, 534
52, 035
77, 499
131, 004
52, 352
78, 652
133, 275
50, 970
82 305
124 953
*r 48, 641
76 312
121, 738
47, 936
73 797
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
2,223
6,109
581
303
2,852
6,679
589
468
2,345
5,629
506
529
2,659
5,780
556
456
2,360
5,992
610
532
2,575
6,207
593
521
3,348
7,102
706
713
3,184
7,044
659
602
3,243
6,073
662
683
3 590
6,770
691
594
2 718
5 349
522
476
2 846
6 259
597
449
30, 996
27, 484
16, 942
32, 764
31, 224
9,488
18, 078
39, 144
37, 919
19, 868
39, 247
33, 936
8,639
21, 728
35, 539
38,515
18,315
39, 881
27, 644
8,914
21, 274
34, 474
37, 043
20, 473
41,654
31, 002
7,840
21, 925
35, 305
32, 938
17, 883
44, 506
32, 978
8,705
21, 788
32, 975
34, 374
16, 196
41,028
31, 228
8,246
21, 304
40, 843
40, 233
20, 111
46, 721
36, 439
9,420
22, 946
41, 551
35, 764
18,498
46, 295
34, 274
8 882
22, 458
38, 299
39, 374
19, 856
46, 790
32, 980
8 700
23, 204
37, 633
36, 013
19 442
44, 884
32, 600
8 480
23 870
32 361
32, 399
13 745
40, 392
31 420
10 555
19 176
35 764
38, 678
16 347
43, 592
28 969
9 399
19 268
PAINTS, VARNISH, AND LACQUER§
Factory shipments,
total
Industria1 sales
Trade sales
..
Phenolic and other tar acid resins
Polystyrene
.
Urea and melamine resins
Vinyl resins
_
Alkyd resins
Rosin modifications
Miscellaneous resins
- do
do
do
do
- do
do
do
r
ELECTRIC POWER AND GAS
ELECTRIC POWER d*
Production (utility and industrial) , total
mil. of kw.-hr._
Electric utilities, total
do
By fuels
do
By water power
_ do
Privately and publicly owned utilities
mil. of kw.-hr__
Other producers
do
By fuels
do
By water power
do
Sales to ultimate customers, total (Edison Electric
Institute) t
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) t
thous of dol
38, 723
33, 346
25, 985
7,361
40, 571
34, 868
27,815
7,053
39, 365
33, 781
27, 217
6.564
42, 389
36, 536
28, 279
8,257
42, 656
36, 663
27, 402
9,261
39, 165
33, 597
24, 603
8,995
42, 993
36, 969
26 771
10, 197
41, 510
35, 627
25 923
9, 705
41, 995
35, 982
25, 695
10, 288
42, 733
36, 827
27 732
9,095
43, 927
38 030
29 276
8 755
44, 497
38 497
30 043
8 454
42, 923
37 038
29 449
7 589
28. 618
4,728
5 378
5,064
314
30, 283
4,586
5 703
5,438
265
29, 372
4,409
5 584
5, 343
241
31, 450
5,086
5 853
5,533
321
31,432
5,231
5 994
5,571
423
28, 431
5 166
5 567
5 149
418
31, 249
5 720
6 024
5 572
452
30, 239
5 388
5 882
5 426
456
30, 294
5 688
6 013
5 578
435
31,317
5 510
5 905
5 511
395
32, 209
5 821
5 897
5 563
334
32, 331
6 166
6 000
5 718
282
31, 285
5 752
5 886
5 611
275
29, 224
29, 279
29, 353
30, 676
31, 616
30, 875
31, 664
31, 346
30, 991
31 358
31 951
5,503
14, 458
398
6,819
1,016
288
699
43
5,235
14, 825
426
6,951
765
321
712
44
5,187
14, 587
433
7.460
600
342
710
34
5,414
14, 888
480
8,259
525
364
714
32
5,594
14, 810
475
9,081
540
363
720
33
5,411
14, 741
440
8,627
575
327
718
38
5,345
15, 684
462
8,383
683
325
734
49
5 287
15, 663
436
8,033
854
290
731
51
5,356
15, 749
412
7,614
809
272
727
53
5 620
16, 037
394
7,438
801
255
758
55
6 081
15 942
380
7,479
1 006
259
752
52
521, 257
521, 062
527, 426
550, 591
569, 334
557, 643
560 606
554 637
549 247
555 798
566 985
GAScT
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
6,733
6,260
471
545
269
265
6,707
6.230
474
804
493
298
6,552
6,081
467
1,095
748
336
6,508
6 049
455
813
485
319
84, 286
57, 595
26, 026
113, 514
80, 986
31, 614
146, 648
108, 093
37, 524
111 643
78, 965
31 899
18, 717
17, 278
1,418
9,600
1,345
7,621
19, 357
17, 802
1,533
13, 593
4,175
8,489
19, 690
18 078
1,591
16, 249
6,757
8,855
19, 721
18 138
1 562
12, 606
3 510
8,541
315, 790
127, 274
175, 733
556, 696
308, 596
232, 052
756, 107
477, 947
265, 043
524, 442
280 128
232 779
Revised.
*> Preliminary.
§ Revisions for 1952 appear in the September 1953 SURVEY; those for 1951 will be shown later.
cf Revisions for 1952 for electric-power production and for gas are shown in the October 1953 SURVEY.
^Revisions for January-July 1952 (units as above): Sales—total, 29,261; 28,641; 28,467; 27,754; 27,227; 26,856; 26,988; comm. and indust. (small), 5,133; 5,042; 4,949; 4,823; 4,800; 5,046; 5,362;
comm. and indust. (large), 13,751; 13,663; 13,879; 13,726; 13,695; 13,069; 12,709; railways, etc., 522; 488; 503; 458; 444; 404; 396; residential, 8,257; 7,889; 7,553; 7,154; 6,669; 6,544; 6,568; rural, 501; 493
541; 597; 639; 800; 994; street, etc., 342; 309; 299; 268; 249; 236; 242; other public, 720; 722; 710; 698; 691; 713; 672; interdept. , 35 ;35; 33 ;30; 40; 44; 45; revenues— 522,836; 512,746; 506,203; 493,831; 486,4
488,551; 493,512.
SURVEY OF CURRENT BUSINESS
November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-27
1952
September
October
1953
November
Decem
ber
January
February
March
April
May
June
July
9,905
9,210
11, 104
August
September
9,458
8 905
11,005
8,338
8, 756
10, 013
7,282
15, 375
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Fermented malt liquors:
Production
.
thous. of bbl_
Tax-paid withdrawals
do
Stocks, end of month
_
do
Distilled spirits:
Production
__ .
thous. of tax eraL.
Consumption, apparent, for beverage purposes
thous. of wine gal .
Tax-paid withdrawals
thous of tax gal
Stocks, end of month
do
Imports
-- _thous. of proof gaLWhisky:
Production
thous of tax gal
Tax-paid withdrawals
do
Stocks, end of month-... _ _ do ._
Imports
thous. of proof gal
Rectified spirits and wines, production, total
thous. of proof gal__
Whiskv
-- do
Wines and distilling materials:
Sparkling wines:
Production
.
__
. thous. of wine gal..
Tax-paid withdrawals
. do._
Stocks, end of month
do
Imports
_ . do
Still wines:
Production
... _.
do
Tax-paid withdrawals.
do ..
Stocks end of month
do
Imports
do
Distilling materials produced at wineries do -
r
7,132
7,182
10, 597
6,844
6 852
10, 132
5,787
5 908
9,598
r
6,686
6 774
9,096
6,621
5 707
9,606
6,191
5 630
9 789
7,683
6 658
10 324
8,167
7 198
10, 720
7,791
7 118
10,905
8,753
8 083
11, 062
9, 998
20, 691
12, 265
10, 558
10, 321
9 548
12 539
12, 116
11, 812
11, 469
9,632
15, 324
11 510
921, 480
1,575
19, 463
15 909
909, 081
2,048
18, 966
15 013
898, 143
2,360
22, 785
10 216
894 492
2,204
13, 398
8 872
892 357
1, 183
13 597
9 124
890 328
1,302
14, 785
11 311
887 827
1,735
15 277
10 785
886 619
1 469
16, 139
10 799
884 315
1,636
14,686
10 839
881, 824
1,594
14, 306
9,735
878, 764
1,521
3 208
6 204
754, 200
1,443
3 859
9 053
745, 181
1 826
3 683
8,312
737, 913
2 162
5 782
5 676
735, 172
1 977
6 836
5 320
734, 248
1 063
6 939
5 307
733 138
1 185
8 295
6 14*
732 448
1 639
8 053
5 917
731 757
1 337
7 232
5 608
730 843
1 504
7 674
5 499
730, 916
1 465
5 680
4,793
729, 729
r
1,415
8,585
7,504
11, 446
10, 116
11, 536
10, 455
7,732
6 614
6,103
5 091
6,634
5 721
8,313
7 217
7,683
6 500
7,934
6 659
8,047
6 739
6,902
5,656
31
876
249
86
151
101
64
86
96
1 185
1 343
1 386
T
97
1,427
44
20 940
11, 993
162 350
66 382
13, 822
219 565
25 764
12, 333
233 390
6 622
11 637
225 069
2 442
10 303
215 550
1 265
9 963
205 265
396
1 212
12 161
191 805
1 097
11 739
179 567
1 221
10 938
169 669
513
589
589
49, 009
124, 199
55, 656
17, 406
2 786
295
722
94, 885
111,319
.732
89, 575
102, 177
.716
76, 420
83, 951
.699
95, 855
72 723
.678
106, 000
85 737
.670
99 235
73 905
262, 467
231 503
6,486
89 090
63 270
256, 885
225 317
5,939
78 110
53 290
242, 509
210 029
5, 734
87
58
227
194
6
.465
.463
.457
.431
.427
422
411
407
3,250
243 500
3,725
208, 000
3,275
167, 100
4,575
171 750
5,050
170 600
4,550
160 000
4,300
201 750
8 354
508, 805
7, 190
493, 073
7 519
447, 175
8 320
382 563
8 662
313 741
10 154
262 904
1,484
5 764
1,361
12 342
1,071
7 740
365
6 539
2 334
8 956
1 527
7 785
478
486
8,930
7 740
46
101
88
1 178
324
6,248
5,171
1 126
9 804
158 739
73
68
40
1, 183
39
7 263
7 301
722 169
112
95
77
197
1,139
40
3 974
5,241
725, 979
1 350
1,448
82
182
1,274
23
r
82
67
90
158
1,384
33
12 633
867 166
1, 435
62
112
1,467
151
97
r
14, 024
9 371
873, 616
1,490
148
30
7,098
152 280
453
674
1 679
8 576
143 810
1,839
4 020
409
325
1,075
1 561
409
534
102, 960
99 557
.668
122, 585
132 790
.668
133, 995
149 876
.659
156, 550
193 609
.658
157, 010
257 447
.656
138, 085
309 894
.656
119, 645
334 853
.661
96, 730
323 693
.670
84
59
218
186
3
105
78
232
201
4
118
92
262
231
4
149
118
313
279
4
151
121
373
339
4
415
645
855
812
183
128 460
102 000
420, 281
385 445
2 121
114
88
445
410
2
97
72
459
425
408
406
.405
405
407
4,480
243 500
5,350
322 600
3,775
327 600
2,675
264 500
2,390
228 500
2, 300
170 000
9 489
238 043
7 849
262 319
8 688
366 926
9 579
475 333
6 993
511 696
6 066
524 007
5 123
481 196
2 423
11 106
1 969
8 827
2 718
13 439
539
14 848
2 916
11 957
DAIRY PRODUCTS
Butter, creamery:
Production (factory)
thous. of l b _ _
Stocks cold storage, end of month
_ do.-_
Price, wholesale, 92-score (New York)_.dol. per l b _ _
Cheese:
Production (factory), total
thous o f l b
American, whole milk
do
Stocks, cold storage, end of month, total
do
American, whole milk
do
Imports
do
Price, wholesale, American, single daisies (Chicago)
dol. per Ib
Condensed and evaporated milk:
Production , case goods:
Condensed (sweetened)
thous. of l b _ _
Evaporated (unsweetened) _
do.
Stocks, manufacturers', case goods, end of month:
Condensed (sweetened)
thous. of Ib
Evaporated (unsweetened) .
do
Exports:
Condensed (sweetened) __
do
Evaporated (unsweetened)
do
Price, wholesale, U. S. average:
Evaporated (unsweetened)
dol. per case
Fluid milk:
Production
mil. of Ib
Utilization in mfd. dairy products
- do_
Price, dealers', standard grade
dol. per 100 lb_.
Dry milk:
Production:
Dry whole milk
thous. of Ib
Nonfat dry milk solids (human food)
do
Stocks, manufacturers', end of month:
Dry whole milk
do
Nonfat dry milk solids (human food)
do.
Exports:
Dry whole milk
__ do. _
Nonfat dry milk solids (human food)- .. do
Price, wholesale, nonfat dry milk solids (human
food) U S average
dol. per Ib
84
55
238
205
4
840
330
803
178
454
025
375
499
286
982
975
935
371
776
559
285
875
255
425
912
535
625
606
594
503
075
645
276
886
944
330
730
575
733
824
500
450
405
499
937
10 449
6 39
6 40
6 39
6 33
6 27
6 21
6 12
5 96
5 92
5 79
5 76
5 81
5 79
9 126
3 553
5.54
8 664
3 247
5.65
7 891
2 769
5.70
8 389
3 250
5.63
8 706
3 458
5.50
8 533
3 346
5.40
10 100
4 059
5.27
10 854
4 522
5.05
12 610
5 435
4.92
12 349
5 492
4.87
11 508
4 742
4.98
10 494
r 4 146
5.06
9 219
3 369
5.14
6 175
50, 590
5 475
45, 100
4 840
43, 000
5 840
65, 950
7 400
78, 000
7 150
80,300
8 250
108, 700
8 100
124, 900
9 200
148, 400
9 390
142, 350
10 170
113, 200
10 175
91, 900
8 040
67, 050
22 273
153 762
20 212
135 177
17 009
124 553
15 181
127 715
15 411
132 265
12 844
128 820
13 311
132 555
13 391
130 487
14 930
154 334
14 443
159 895
13 615
133 300
14 165
116 264
11 513
86 653
2 599
2,515
3 186
3,365
3 695
4, 196
3 694
8 851
3 495
2 706
2 850
1 690
5 371
2 260
3 824
8 073
3 394
7 832
2 920
5 131
4 378
14 323
6 105
7 801
167
166
166
164
163
160
158
153
149
147
146
146
1 432
6,221
5 578
26, 892
2 630
24, 941
i 92, 489
2 748
20, 061
2 525
15, 265
2 671
10, 775
2 762
6,386
2 290
3,278
1 536
1,377
655
267
306
147
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
..thous. of bu_.
Shipments, carlot
no. of carloads
Stocks, cold storage, end of month.. .thous. of bu._
Citrus fruits, carlot shipments
no. of carloads,.
5,136
Frozen fruits, stocks, cold storage, end of month
thous. of lb._ 556, 897
Frozen vegetables, stocks, cold storage, end of
month
thous. of lb__ 530, 091
Potatoes, white:
Production (crop estimate)
. thous. of bu._
Shipments, carlot _
_. ..
no. of carloads
16 508
Price, wholesale, U. S. No. 1 (New York)
dol. per 100 lb_.
6.188
f
Revised.
» Preliminary.
1 Estimate for 1952.
128
180
509
« 97 262
686
8,231
5,366
6,420
13, 256
10, 915
10, 891
11, 256
11, 332
12, 331
12, 317
9, Oil
6,564
6,779
532, 993
493, 402
455, 479
481, 129
496, 233
449, 348
441, 235
456, 980
487, 259
568, 132
602, 001
576, 343
576, 522
569, 974
534, 933
494, 893
450, 265
419, 899
384, 285
361, 217
384, 292
468, 377
573, 601
675, Oil
21 536
17 282
i 347 504
18 300
23 101
20 694
24 871
19 337
19 142
25 238
15 464
11 871
2 373 939
15 508
4.792
5.481
4.971
5.369
5.317
3.969
4.013
4. 085
2.917
2.230
3. 165
v 3. 062
* October 1 estimate.
SURVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1953
1952
September
October
1953
November
December
January
February
March
April
May
June
July
August
Se
^tcerm'
FOODSTUFFS AND TOBACCO— Continued
GRAIN AND GRAIN PRODUCTS
Exports, principal grains, including flour and meal
thous. of b u _ _
Barley:
Production (crop estimate)
do
Receipts, principal markets
do
Stocks, domestic, end of month:
Commercial
do
On farms
do
Exports, including malt
_ _
do
Prices, wholesale (Minneapolis):
No. 2, malting
dol. per b u _ _
No. 3, straight
__
do
Corn:
Production (crop estimate)
mil of bu
Grindings, wet process
thous. of bu _
Receipts, principal markets _
do
Stocks, domestic, end of month:
Commercial
_ _
- do
On farms
mil ofbu
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
38, 870
45, 105
52, 516
39, 353
48, 094
38, 306
33, 654
30, 849
37, 260
32, 034
6,877
7, 005
9,402
8,161
7,479
6, 527
8,037
25, 503
11, 902
10. 717
5,960
12 188
1,096
1, 064
6,949
25 567
1,018
9 070
2,161
8,386
57, 396
2,556
7,555
1,374
960
2 209
2 237 476
18', 859
8, 613
8,294
20, 085
132, 890
6, 207
18, 989
16, 967
4, 367
3,829
13, 415
99, 177
4, 237
1.626
1.480
1.631
1.545
1.598
1.505
1.612
1.457
1.581
1.456
1.495
1.395
1. 521
1.459
1.538
1.446
1.531
1.387
1.440
1.265
1. 420
1.236
1.511
1. 374
11, 006
21, 567
12, 095
48, 645
10, 769
56, 549
i 3, 307
9,965
33, 489
10, 700
22, 037
10, 336
18, 195
11,373
21. 403
11, 406
19, 601
11, 134
20, 621
11, 033
24, 690
9 772
24, 231
10 629
25 Oil
10 769
25, 234
18, 186
* 171.4
5,275
31, 204
60, 880
46, 101
37, 288
1, 466. 4
29, 840
21, 740
9 459
9 365
3 333 9
16, 087
7,633
r 9, 013
8,773
12, 492
15, 774
995.3
11, 939
10, 218
16, 045
62, 039
2. 173. 2
22, 554
51, 032
7,317
i» 381
8 741
1.962
1.586
1.571
2. 135
1.575
1.569
2 109
1. 630
1.597
2.081
1.605
1. 573
(4)
2. 095
1.562
1.540
(4)
(4)
1.551
1.525
(4)
5,573
4,735
i 1, 268
13, 979
6,708
6,884
6,796
4, 7U
4,854
30, 140
26, 546
21, 592
19, 819
11, 740
10, 828
278
279
238
12, 734
456, 956
311
261
935
286
328
.907
.904
.919
.881
.800
.797
.782
88, 012
69, 705
89, 398
78, 442
90, 896
49, 060
(4)
1.760
1.716
Rice:
Production (crop estimate)
thous of bags 9
California:
12, 593
177, 837
Receipts domestic rough
thous of Ib
61, 546
3,298
Shipments from mills, milled rice do
Stocks, rough and cleaned (cleaned basis), end
65, 882
12, 153
of month
thous of Ib
Southern States (Ark., La,, Tenn., Tex.):
Receipts, rough, at mills
thous. of l b _ _ 1, 098, 656 1,338,113
361,716
338, 871
Shipments from mills, milled rice§
do
Stocks, domestic, rough and cleaned (cleaned
1,
104, 889
595,
654
basis) end of month
thous. of Ib
199, 214
101, 657
Exports
_
do
.105
.104
Price, wholesale, head, clean (N. O.).dol. per lb__
1
16 131
145 725
1.479
1.344
2 3 IQg
(4)
(4)
1 603
1. 550
1 618
1 658
1. 568
17 033
94 375
2 i 205
8 784
11, 958
220, 067
18, 348
22, 945
358
452
327
.772
.752
.760
.770
72, 663
76, 436
96, 375
63, 242
78, 020
55, 941
79 454
49 364
1.573
1.557
1.600
1. 578
3
1.546
1.522
1.579
1.511
7,780
27, 122
977 015
.743
2 51 303
48, 660
110, 166
93, 444
13 388
4 953
13 81*
54 191
107, 170
90, 015
80, 077
62, 143
74, 247
48, 063
48. 982
44, 537
49 517
6 282
9 313
219, 191
276, 817
127, 747
225, 283
61, 571
175, 366
17, 044
73, 162
8,169
106, 741
9,937
147, 581
15, 567
131, 382
6,261
84 077
450, 783
127 449
950, 658
212 755
995, 513
149, 231
.106
829, 159
203, 922
.108
699, 757
199, 698
.108
550, 827
80, 638
.108
482, 864
114, 383
.121
370, 233
113, 180
.124
235, 052
62, 057
.124
111, 633
63, 625
.124
29 640
124, 125
.124
188 443
56 803
.093
572 192
328
302
2,917
1.914
2,698
2.470
2.409
2.288
2.474
3
369, 394
316, 100
815
1.861
25, 041
791, 661
154, 481
66, 808
3,285
Wheat:
Production (crop estimate) total
mil of bu
Spring wheat
_
do
Winter wheat
do
Receipts, principal markets
thous. of bu._ r 43, 666
210, 336
Disappearance
do
Stocks, end of month:
224, 407
Canada (Canadian wheat)
do
r
l,345,421
United States domestic totalo^
do
313, 561
Commercial
-- do __
Interior mills, elevators, and warehouses
thous of bu r 366, 477
150, 243
Merchant mills
do
510, 819
On farms
do
27, 154
Exports, total, including
flour.
_do__
22, 744
W'heat only
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. per bu_.
No. 2, hard winter (Kansas City)
do
No 2 red winter (St Louis)
do
Weighted avg., 6 markets, all grades
do
56, 854
i 227, 008
7, 659
11, 264
Oats:
Production (crop estimate)
mil of bu
10, 705
Receipts principal markets
thous of bu
Stocks, domestic, end of month:
34, 204
Commercial
do
1, 006, 932
On farms
do
223
Exports, including oatmeal
_ _ __ do__
Price, wholesale, No. 3, white (Chicago)
.920
dol. per bu._
Rye:
Production (crop estimate)
thous. of bu
Receipts, principal markets.
do__
Stocks, commercial, domestic, end of month, -do
Price, wholesale, No. 2 (Minn.)
dol. per bu._
40, 301
i 15, 910
2, 470
2, 892
1. 920
1.978
P. 085
2
321
239
240
1,488
1,201
502
2,685
2,320
3,373
3,627
3,630
1,136
2,254
1,916
1.831
1.614
1.516
1.388
4,288
1.751
1.753
3,755
1.268
1.249
1
23, 804
21, 383
242, 463
237, 465
293, 700
276, 075
1,291.4
1
238. 6
i 1, 052. 8
23, 372
249, 807
251, 212
1, 103, 275
259, 257
23, 399
15, 809
19, 833
263, 986
25, 917
27, 035
261, 241
265, 465
255, 780
231, 647
272, 551
840, 836
217, 258
268, 135
240, 968
211, 909
205, 929
246, 186
101, 691
268, 440
35, 586
32, 491
311,752
33, 051
29, 193
20, 149
16, 146
2.504
2.541
2. 458
2.306
2.567
2.416
2.329
2.519
128,
399,
29,
24,
199
412
785
544
34, 816
30, 879
29, 298
25, 586
2.533
2.445
2.329
2.568
2.490
2.402
2.380
2.530
2.492
2.358
2.355
2.505
2.521
2.395
(4)
2.551
r
3
3
3
79, 993
280, 818
239, 783
562, 270
239, 330
103, 118
2 1 ig3 2
2
284 9
2 878 3
40, 988
186 641
38, 907
267 564
287 303
342, 428
351 632
305 420
1 539 243
359, 213
457 631
134 477
562 253
28, 151
24, 725
19, 769
15, 985
183, 328
58, 408
72, 840
17, 535
13, 352
2.529
2.387
2.270
2.529
2.558
2.355
2.492
2.036
2.443
2.086
2.145
2.530
1.793
2.265
1.808
2.202
3
3
26, 467
23, 036
20, 756
18 945
2.474
2.175
1 822
2.439
Wheat flour:
Production:
19, 783
21, 081
18, 565
19, 714
18, 671
18, 990
17, 041
17, 351
17, 695
18, 035
Flour
thous. of sacks (100 Ib.)
18, 720
18,177
82.7
87.3
78.0
88.9
79.3
79.0
73.5
76.6
84.7
78.8
81 1
Operations, percent of capacity
75.6
424, 466
363, 955
380, 119
397, 704
341, 898
396, 826
377, 270
336, 676
347, 478
356, 570
371, 059
364, 650
Offal
short tons
45, 968
42, 903
49, 088
44, 107
39, 435
40, 103
40, 904
41, 767
45, 901
43, 458
43, 344
42, 198
Grindings of wheat
_
thous. of bu
Stocks held by mills, end of quarter
4,834
4, 152
4, 544
4,093
thous of sacks (100 Ib )
<• 2, 250
1,690
Exports
do
1,893
1,656
1,718
1,593
1,328
1,471
1,624
1,795
1,472
777
Prices, wholesale:
Spring, short patents (Minneapolis)
5.635
5.825
6.075
5.765
5.855
5.390
5.830
5.980
5.935
5.925
5.550
6.100
dol. per sack (100 lb.)_.
r
5.525
5.425
5.675
5.375
5.500
5.625
5.525
5.675
5.675
5.150
5.275
5. 525
Winter, hard, short patents (Kansas City) .do
T
l
2
Revised.
p
Preliminary.
Estimate
for
1952.
October
1
estimate.
3
4
Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
No quotation.
9Bags of 100 Ib.; prior to the October 1953 SURVEY, data were shown in thous. of bu. of 45 Ib.
§Data through July 1952 reflect adjustments for certain intermill transactions; July 1952 figure comparable with data beginning August 1952 is 108,570,000 Ib.
cf The total includes wheat owned by the Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of
17 452
2, 663
6,240
1.156
2.514
2. 175
1 899
2.533
19, 442
86 7
393, 577
45, 328
p 6. 249
p 5. 856
stocks.
SUKVEY OF CURRENT BUSINESS
November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-29
1952
September
October
1953
November
December
February
January
March
April
May
June
July
August
September
FOODSTUFFS AND TOBACCO—Continued
I
LIVESTOCK
•Cattle and calves:
Slaughter (federally inspected) :
Calves
thous. of animals _
Cattle
._
._
do
Receipts, principal markets
do
Shipments, feeder, to 9 corn-belt States
do_. .
Prices, wholesale:
Beef steers (Chicago)
dol. per 1001b__
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. perlOOlb..
Hog-corn price ratio
bu. of corn equal in value to 100 Ib. of live hogSheep and lambs:
Slaughter (federally inspected)
thous. of animals _ _
Receipts, principal markets
do
Shipments, feeder, to 9 corn-belt States
do_- .
Prices, wholesale:
Lambs, average (Chicago)
dol. per 100 lb._
Lambs, feeder, good and choice (Omaha)-.do
496
1,215
2,641
577
602
1,390
3,143
1,117
510
1,151
2 379
691
523
1, 252
2 023
263
453
1, 313
1 877
192
422
1,170
1 609
86
535
1,299
1 952
124
541
1 371
2 019
161
504
1 345
2 055
160
586
1,450
2 440
184
616
1 498
2 258
211
602
1 494
2 559
265
687
1 644
2 770
446
32.19
23.57
31 50
32.09
22.76
33.00
31.37
22.31
33.00
28.77
20. 50
29 00
26.04
21.73
30 50
23.41
20.91
33 50
21.98
21.19
29 00
21.50
19.91
25 50
21.83
19.80
27 50
21.73
15.22
19 50
24.26
16.75
23 00
24.79
15. 78
*• 23 50
25.41
15. 07
P 20 98
4,290
2 540
5,492
3 099
5,772
3 326
7,251
4 233
6,267
3 571
4,550
2 562
4,962
2 785
4,325
2 358
3,643
2 031
3,607
2 119
3,276
1 837
3,396
1 867
4, 059
2 169
19.11
18.55
16.76
16.52
17.98
19.39
20.50
21.88
23.54
23.24
23.29
22.97
24.18
11.1
12.1
11.4
10.7
12.0
13.5
13.8
14.2
15.5
15.5
16.5
15.9
15.9
1,243
2 119
750
1,427
2 228
830
1,069
1 289
335
1,218
1 267
215
1,289
1 295
158
1,088
1 038
90
1,190
1 173
122
1,100
1 115
99
1,015
1 147
131
1,055
1 108
102
1,108
1 159
136
1, 158
1 483
291
1, 366
1 g22
547
25.50
23.10
23.88
21.25
22.62
20.50
21.62
19.18
21.50
20.52
22.38
20.01
23.12
20.83
24.00
C1)
25.12
0)
25.50
(0
25.38
17.94
23.38
17.78
19. 25
15. 57
1,527
1,819
1,742
2,127
1,999
1,572
1,712
1,649
1,537
1,617
1,579
1,525
1,675
587
37
557
55
693
59
922
59
1,038
65
1,043
63
990
55
929
55
818
50
749
46
638
50
••532
50
452
713, 624
184 158
1 150
801, 489
214 594
1 365
662, 271
252 306
1 153
734, 974
286 299
1 319
775, 091
287 258
877
701, 489
274 457
1 272
779, 450
256 439
1 368
826, 083
234 891
1 794
812, 729
210 274
1 965
859, 894
190 408
2 848
877, 290
163 626
3 073
860, 476
155 672
2 Q73
925, 007
155 378
MEATS
Total meats (including lard) :
Production (inspected slaughter)
mil. of lb._
Stocks (excluding lard), cold storage, end of month
mil. of Ib. .
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 l b _ _
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. per lb__
Fresh loins, 8-12 Ib. average (New York)_do
Lard:
Production (inspected slaughter)
thous. of lb__
Stocks, dry and cold storage, end of montht-do
Exports
_ _ do. _ _
Price, wholesale, refined (Chicago) _ -dol. per lb__
r
.562
.556
.545
.514
.477
.432
.392
.382
.385
.387
.426
.432
.451
52, 839
12 553
61, 726
16 002
47, 505
17 580
56, 616
21 912
61,371
°0 816
53, 166
23 670
58, 129
19 945
52, 458
17 493
46, 755
14 720
44, 558
13 461
47, 324
10 410
49, 401
r 9 4QO
57, 474
9 892
760, 409
955, 425 1, 031, 841 1, 335, 205 1, 162, 504
816,995
874, 686
770, 875
677, 203
712, 978
654, 193
614, 699
692, 034
571 228
290 931
5 673
715 279
234 894
5 768
765 850
319 643
7,386
984 200
489* 152
8 742
841 949
595 546
8 605
601 403
604' 813
9 983
650 145
569' 204
7 745
570 190
538 025
5 210
502 422
459 755
6 392
533 230
414 227
6 768
489 360
350 825
6 694
469 818
265 981
5 8Q5
531 761
198 077
571
.569
569
.515
552
.449
559
.402
581
.424
595
.464
602
.479
5Q2
.523
619
.567
650
.576
683
.597
675
.570
P 693
.543
138, 047
143, 223
26,611
.143
175, 664
111,912
43, 043
.143
194,381
136, 610
46, 638
.133
256, 269
210, 994
44, 347
.113
234, 448
241,760
50 867
.120
157, 799
241,890
45 881
.125
164,072
239. 009
39 862
.135
146, 255
225, 936
40 675
.135
128, 166
200, 621
33 841
.150
130, 863
169,311
28 908
.140
120, 175
109,342
23 192
.163
105, 809
55, 637
34 505
. 183
116, 615
42, 439
64 955
182 786
81,748
279 191
74, 618
294 424
70, 745
278 595
38 884
261 072
34 125
220 606
39 046
174 243
40 934
140 371
44 435
123 485
46 431
117 876
46 364
46 075
112 460 r 127 340
56 985
175 763
275
.255
v 255
4 g42
° 088
4 346
1 %9
4 206
1 441
r 827
133 427
495
110 056
.587
.624
r
P. 233
POULTRY AND EGGS
Poultry:
Receipts, 5 markets
thous. of Ib
Stocks cold storage, end of month
do
Price, wholesale, live fowls, heavy type, No. 1
(Chicago) _ _ .
dol. per lb_
Eggs:
Production, farm
millions
Dried egg production
thous of Ib
Stocks, cold storage, end of month:
Shell
thous of cases
Frozen
thous. of Ib
Price, wholesale, extras, large (Chicago)
dol. per doz.
.245
.225
.250
.263
310
.318
333
345
325
245
4 081
1 069
4 371
758
4 480
957
5 037
685
5 441
442
5 328
1 168
6 298
2 120
6 094
2 131
5 872
2' 453
5 051
1 914
1 709
123 661
1 000
95 333
393
72 462
153
50 176
120
34 980
248
42 419
375
65 201
816
98 978
1 431
132 294
1 513
159 755
1 199
152' 835
.553
.631
.560
.489
.454
.443
.495
.497
.486
.517
.531
100, 000
113, 845
101, 501
102, 603
87, 060
83, 063
81,213
77, 096
63, 522
56, 041
48, 895
63, 792
104, 376
8,705
.333
4,210
.340
13, 272
.318
37, 144
.308
32 530
.318
24, 705
.300
21 775
.328
27 425
.339
28 493
.334
26 164
.346
20 859
.385
13 574
.386
v . 403
1,601
1,045
889
1,869
1, 456
846
611
1,615
1,450
893
529
1,396
1,453
817
691
2,207
1,269
788
712
1 841
1,160
757
776
1, 815
1,374
776
700
2 249
999
526
634
2 149
860
411
511
1 256
1,149
685
666
1 278
860
361
531
1 470
1,286
744
582
1 320
1, 870
1 122
813
r
MISCELLANEOUS FOOD PRODUCTS
Confectionery, manufacturers' salest-- thous. of dol _
Cocoa:
Imports
_ _ ._
long tons.
Price, wholesale, Accra (New York) _ _ dol. per IbC of Tec:
Clearances from Brazil, total
thous. of bags.
To United States
do
Visible supply, United States
_ . do _.
Imports
do _
Price, wholesale, Santos, No. 4 (New York)
dol. per lb_
Fish:
Landings, fresh fish, 5 ports... ..
thous. of lb_
Stocks, cold storaee. end of month
_ d o _ __
r
r
.545
.540
.535
.538
.540
.553
.618
.573
.553
.560
.593
'.615
.615
54,114
190. 493
49, 126
200. 944
31, 529
210. 658
26, 363
192. 818
20, 492
1 70. 263
23, 689
142.040
31, 514
119.099
34,911
109.189
47,314
1 1 3. 581
75, 903
142.655
75, 392
60, 155
1 76. 680
174 fi4n
169 686
1
Revised.
*> Preliminary.
No quotation.
f Revised series.
Compiled by the U. S. Department of Commerce, Bureau of the Census, representing factory and warehouse stocks of rendered and refined lard; data prior to June 1952
will be shown later.
J Re visions for 1952 are shown in the August 1953 SURVEY.
SURVEY OF CUKBENT BUSINESS
S-30
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1953
1953
1952
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
June
July
August
Septem-
ber
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons..
United States:
Deliveries and supply (raw basis) :
Production and receipts:
Production
short tons _
Entries from off-shore
do
Hawaii and Puerto Rico
do
r
2,679
3,801
4,906
4,676
4,364
3,908
3,218
2, 658
69, 484
469 755
149, 498
34, 014
398 576
143, 730
37, 407
627 988
192, 443
59, 948
854 355
248, 129
12 283
530 430
235 756
51.262
628 878
180, 490
26, 860
607 226
234, 674
37, 059
614, 98S
182, 958
117, 506
563, 878
237, 561
596, 070
593 793
2,277
576. 630
574 789
1,841
546, 884
545 674
1,210
878, 155
876 548
1,607
588, 583
587 001
1 582
599 440
597 627
1 813
790, 640
779 785
10, 885
886, 890
885 168
1,722
778, 556
777,
391
r
1,165
844, 285
842, 829
1,456
1,518
625
1,602
527
1,587
377
1,513
10 356
1,306
441
1,392
685
1,423
9 095
1,312
14 326
1,103
11 473
966
21 879
851
124 473
96, 836
17, 875
120 331
102 213
9,599
158 151
129 183
25, 224
270 596
205 264
59, 642
260 306
178 519
81,667
361 182
303 479
55, 438
341 775
274 851
62 664
325 791
222 582
93 039
393 731
221 650
165, 748
339 220
238 565
91,880
330 805
266, 009
64, 421
40 675
35, 160
2 618
7 198
37 924
32 493
28 173
25 614
46 834
39 549
55 961
48 433
54 782
46 720
40 271
40 226
38 937
37 178
47 760
44, 598
065
.066
064
060
.060
062
064
064
064
064
064
.064
v 064
495
.495
.086
7 430
495
494
493
490
.083
7 949
495
.086
10 590
495
498
.086
5 530
.085
6 931
495
.086
11 141
.086
7 943
.500
.087
7, 766
. 502
p. 087
3, 170
2,895
2,620
2,170
91, 126
725, 621
237, 299
602, 545
387, 590
273, 166
732, 540
226 961
108, 362
388, 838
194 722
123, 853
Deliveries, total
.
do _ r»• 750, 622
For domestic consumption
do
748,
299
r
For export
. do_.
2, 323
Stocks, raw and refined, end of month
thous. of short tons..
697
Exports
short tons
649
Imports:
Raw sugar, total
do
305 205
From Cuba
do
240, 343
From Philippine Islands
.do
63,861
680, 035
677, 919
2,116
519, 868
518 373
1,495
1,045
12 376
do
do -
46 738
43 590
dol. per Ib
dol. per 5 Ib
dol. per lb._
thous. of Ib
Refined sugar, total
From Cuba Prices (New York) :
Raw, wholesale
Refined:
Retail
Wholesale
Tea, imports
-
--
TOBACCO
Leaf:
Prod uction (crop estimate) -.
mil . of Ib _ .
Stocks, dealers' and manufacturers', end of quarter, total
._
mil. o f l b . _
Domestic:
Cigar leaf
.. _.
do_.
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil. o f l b
Foreign grown:
Cigar leaf
__ _
_
do
Cigarette tobacco
do Exports, including scrap and stems . thous. oflb
Imports including scrap and stems
do
Manufactured products:
Production, manufactured tobacco, total
do__
C hewing 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. oflb..
Exports, cigarettes
millions
Price, wholesale, cigarettes, manufacturer to
wholesaler and jobber, f. o. b. destination
dol. per thous..
.086
9 506
o
350
2
3,951
1,970
1
495
.085
10 466
.086
9 215
3 2, 033
2, 255
4,491
4,498
4,035
362
341
391
368
3,410
3, 963
3 922
3,472
18
161
.086
7 506
r
r
19
168
19
167
18
177
,50, 451
9 174
42, 072
9 585
43, 793
8 025
36, 934
7 736
30, 746
8 918
22,900
8 291
41,020
9 085
50, 103
7 961
35 682
8 787
33, 263
9 578
24 649
7 662
40, 511
9 268
20, 051
7 366
9 406
3,279
21,342
7,936
9,781
3, 625
16 123
6 378
6 843
2,903
16, 369
6 469
6,662
3,237
16, 683
6 394
6 893
3,396
16 385
6 638
6 639
3,108
17 947
7 138
7 458
3,352
18 326
6 935
8 064
3,328
17 806
7 246
7 494
3,066
18 170
7 347
7 430
3,393
15
7
6
2
999
194
300
504
17, 814
6 879
7 569
3, 367
4,325
34 950
498 518
4,294
37 372
548 196
3, 408
30 386
528 081
2 859
30 066
448 045
2,649
32 498
431 158
2 394
32 212
542' 594
3 856
34 105
469 164
2 703
31 607
477 520
2 658
30 587
507 629
3 130
33 304
501 499
3 339
29 914
463 787
2,770
<=34 658
«497 670
19,315
1,266
20, 791
1,304
15,653
1,244
15,786
1, 626
16, 804
1,306
15, 480
1,348
17,056
1,813
17,887
1, 331
17, 488
1,482
17,812
1,119
15,862
1,321
« 17, 539
1, 158
3.555
3.555
3. 555
3. 555
3.555
3. 555
3.938
3.938
3.938
3.938
3.938
3.938
v 3. 938
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins
thous. of Ib
Calf and kip skins
thous. of pieces
Cattle hides
do
Goat and kid skins
do
Sheep and lamb skins
do
Prices, wholesale (Chicago) :
Calfskins, packer, heavy, 9^/15 lbs_. dol. per lb_.
Hides, steer, heavy, native, over 53 lbs_ . do_
LEATHER
Production:
Calf and kip
thous. of skins
Cattle hide
. thous. of hides
Goat and kid
thous. of skins
Sheep and lamb
..
do
Exports:
Sole leather:
Bends backs and sides
thous. of Ib
Offal including belting offal
do
Upper leather
. . thous. of sq. ft
Prices, wholesale:
Sole, bends, light, f. o. b. tannery
dol. per lb_.
Upper, chrome calf, B and C grades, f. o. b. tannerv
dol. per sq. f t _ _
r
11,965
13, 761
8,918
14, 147
12, 429
11,264
13, 093
18, 407
18, 166
20, 258
15, 602
13, 646
2 804
1,105
2 796
2,064
2 307
720
3 771
1,195
3 673
1,392
2 464
1,431
2 870
1,759
3 055
4,466
3 032
3,826
2 731
4,629
3 168
1,688
2 121
2, 760
.475
.160
.488
.160
.513
.170
.488
.165
.488
.120
.550
.137
.563
.128
.513
.138
.613
.153
.625
.150
.513
.158
.513
M70
967
1 045
2,224
2,937
2,942
1,963
2,572
2,442
194
90
1,881
2 330
2,551
97
45
142
21
846
182
50
994
2,102
2,985
2,244
137
20
930
2,123
2,802
2,215
72
38
857
2, 006
2,709
2, 368
217
41
936
2,020
3,172
2,319
123
31
871
2, 133
2,979
2, 435
253
21
849
827
2,117
2,922
2,618
1,998
3 121
2,520
187
121
685
1,815
2,828
2,103
188
26
v. 501
p. 170
790
1,979
2,354
2,567
75
51
25
92
24
13
65
43
57
96
82
33
42
76
23
73
65
55
24
53
23
75
21
21
2,288
3,125
2,512
2,818
3,000
2,743
2,996
4,002
3, 959
3, 492
2,825
2,840
.695
.690
.685
.705
.705
.680
.690
.680
.725
.720
.690
.690
P. 690
.928
.938
.955
.987
.968
1.000
1.013
1.007
1.125
1.127
1. 08-2
1.042
p 1. 042
c
Revised.
p Preliminary.
Corrected; data in October SURVEY erroneously shown.
Revised beginning 1953 to represent price for New York and Newark for January-June; thereafter, for New York and northern New Jersey.
Estimate for 1952.
3 October 1 estimate.
§ Revised to represent data based on number of stamps used by manufacturers; revisions prior to May 1952 will be shown later.
1
2
268
47
SURVEY OF CURRENT BUSINESS
November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-31
1953
1952
September
October
November
December
January
February
March
April
May
July
June
August
September
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
Production, total
thous. of pairs
Shoes, sandals, and play shoes, except athletic,
total
thous. of pairs
By types of uppers: rf1
All leather
do
Part leather and nonleather
do
By kinds:
Men's
do
Youths' and boys'
do
Women's
- .__
_
do
Misses' and children's
do
Infants' and babies' ._ _ _ .
do
Slippers for housewear
do
Athletic
__
_ _ _do
Other footwear
do
Exports
do
Prices, wholesale, f. o. b. factory:
Men's and boys' oxfords, dress, cattle hide
upper, Goodyear welt
1947-49 = 100
Women's oxfords (nurses'), side upper, Goodyear welt
_ _ - _ _ . _ _- 1947-49 = 100
Women's and misses' pumps, suede split ._ do
44, 100
46, 341
38, 932
42, 033
45 268
44 872
48 723
44 968
41 858
40 824
40 297
37, 842
39, 185
32, 659
37, 303
41 778
40 967
44 079
40 193
36 979
35 790
34 972
36, 539
33, 906
3,936
35, 057
4,128
29, 080
3,579
32, 750
4,553
36 278
5,500
35 336
5,631
37 520
6,559
33 898
6 295
31 986
4 993
31 745
4,045
31 630
3 342
33, 255
3,284
8 775
1,826
19, 419
5 040
2,782
5 638
9 339
1,709
19, 446
5 553
3,138
6 442
7 866
1,442
15, 580
4 882
2,889
5 668
9 010
1,539
18, 028
5 585
3,141
4 161
8 953
1,558
21, 718
6 257
3,292
2 946
8 745
1 515
21, 005
6 298
3,404
3 369
9 125
1 622
22, 945
6 527
3 860
4 059
8 979
1 474
20 765
5 436
3 539
4 271
8 136
1 595
18 161
5 077
2 821
4 533
7 560
1 637
18 687
4 603
2 485
4 790
7 963
1,696
19, 077
5 107
2,696
5 697
238
298
388
265
320
468
279
225
353
8 532
1 574
18 490
5 139
3 247
4 375
'280
264
356
386
286
428
433
237
368
346
229
340
305
226
318
293
224
348
42, 804
296
272
421
269
266
313
258
243
253
108.5
108.5
109.0
110.3
110.3
110.3
110.3
110.3
110.3
110.3
110.3
113.3
112.9
113.3
112.9
114.5
112.9
117.1
113.4
117.1
113.4
117.1
113.4
117.1
113.4
117.1
110.7
117.5
110.7
118.1
110.7
118.1
110.7
r
110.3
v 110. 3
118. 1
110.7
v 118. 1
p 110. 7
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports, total sawmill products
M bd. ft
Imports, total sawmill products
do
National Lumber Manufacturers Association:®
Production, total
mil bd ft
Hardwoods
do
Softwoods
_.
do
Shipments, total
do
Hardwoods ,.
_. _ _ _ _ do - Softwoods
do
Stocks, gross (mill and concentration yards), end
of month, total
mil. bd. ft
Hardwoods
do
Softwoods
do
SOFTWOODS
Douglas fir:
Orders, new
do
Orders, unfilled, end of month
do
Production
do
Shipments
..
_ _ _ _
do
Stocks, gross, mill, end of month
do - Exports, total sawmill products
M bd. f t _ _
Sawed timber
._
do.. .
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, No. 1 common, 2" x 4'', R. L.
dol. per M bd. ft
Flooring, B and better, F. G., 1" x 4", R. L.
dol. per Mbd. 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 b d . ft_.
Flooring, B and better, F. G., 1" x 4" x S/L
dol. per M bd. ft_.
Western pine:
Orders, new
mil bd ft
Orders, unfilled, end of month
__ _
do
Production
_
do
Shipments
do
Stocks, gross, mill, end of month __ _, _ do
Price, wholesale, Ponderosa, boards, No. 3 common, \" x 8"
dol. per M bd ft
48, 534
227, 340
40, 949
255, 581
44, 358
241, 379
3,532
704
2,828
3, 526
689
2,837
3,574
60, 595
243, 479
54, 326
189, 269
62, 158
195, 457
47, 247
238, 076
58, 631
219, 381
53, 192
242, 183
53, 765
270, 350
53, 037
253, 021
54, 245
264, 389
2,977
2,945
3,288
3,521
660
2, 861
3,204
3,428
3,470
2.806
3,408
2,672
2,783
806
2,607
2,720
2,560
647
3,218
661
2, 557
2,680
3,207
2,588
545
2, 659
3,311
704
3, 337
674
2, 663
3,437
2,647
3,374
2,335
680
2, 265
2, 955
741
2,214
8,211
8,125
8,090
7,951
2,642
5,309
7,851
8, 068
5,289
7,739
2,576
5,178
971
925
966
952
1,021
22, 393
1,032
925
942
978
1,018
30, 276
14, 691
15, 585
814
894
885
863
1,008
29, 067
16, 245
12, 822
3,074
2,860
2,879
3,599
2,380
3,077
2,240
2,882
2,876
2,366
2,249
8, 355
3,259
5,096
8,331
3,231
5,100
8,327
3, 214
5,113
8, 306
3,201
5, 105
8,221
3,153
890
780
959
1,003
917
18, 856
7,268
11, 588
925
756
923
949
892
15, 843
774
753
785
777
899
14, 105
4,156
823
811
812
764
948
16, 455
910
888
860
829
978
22, 029
11, 471
15, 336
695
723
7,462
8,381
694
711
9,949
620
633
4,984
660
2,317
3, 043
708
5,068
6,693
3,092
5,119
862
921
848
820
1,007
17,815
6,663
11,152
841
786
2,947
6,800
15, 593
3,589
2,801
622
765
3,207
688
2,604
5,247
5,163
847
838
883
888
1,002
18, 058
7, 138
10, 920
811
878
751
759
982
21, 390
12, 528
2,708
5, 360
693
786
789
776
995
17, 968
790
627
2,580
8,314
2,871
5, 443
779
746
817
806
1,006
7,499
8,862
10, 469
«• 76. 972
86. 576
86. 576
86. 310
84. 945
84. 665
84. 105
83. 405
82. 845
79. 009
78. 064
77. 252
120. 418
120. 418
122. 051
124. 460
124. 460
125. 105
126. 232
127. 049
126. 396
126. 396
126. 085
776
372
747
769
802
376
787
798
677
372
670
681
599
295
708
676
758
320
767
733
692
350
700
662
752
356
767
746
803
383
830
776
739
376
754
746
709
344
767
741
714
306
764
752
673
287
707
692
693
269
707
711
1,552
5,317
1,152
4,165
1,541
4,300
1,530
6,163
1,776
11,517
1,634
1,655
5,821
1,621
1,709
5,123
1,139
5,262
1,743
1,755
7,981
2, 619
8,549
1,770
1,766
5,362
7,739
78. 227
r 77, 614
1,104
3,196
4,387
1,562
1,529
9,988
1,596
9,345
1,327
8,018
7,379
3,016
4,363
4,200
3,984
1,717
1,335
3,927
5,590
1,126
4,464
81. 483
81. 572
81. 921
82. 113
81. 402
81. 180
80. 675
80. 487
79. 439
78. 748
158. 358
158. 971
158. 971
158. 971
159. 583
159. 706
159. 360
158. 748
156.604
156. 604
719
675
702
650
1,810
737
657
740
706
1,844
592
614
572
561
1,855
614
628
462
550
1,767
610
670
426
518
1,675
531
657
429
444
1,660
586
643
554
550
1,664
653
665
676
631
1,709
646
650
629
611
1,727
718
679
746
688
1,557
714
400
761
685
1, 633
83.23
81.55
81.31
82.65
83.61
83.64
84.07
85.00
85.04
84.92
83.26
295, 381
292, 584
104, 049
307, 321
306, 791
104, 894
237, 048
241, 589
100, 925
270, 059
272, 669
96, 916
289, 083
290, 689
97, 619
302, 975
301, 638
99, 103
339, 259
338, 115
100, 073
351,913
334, 309
335, 972
106, 057
345, 269
r
344, 257
107, 562
110, 662
' 113, 512
v 75. 148
126. 085 P 125.858
810
» 77. 684
157.829 «• 157, 523 T> 157.523
r
664
355
782
711
1,704
678
342
767
690
1,781
81. 10
P 76. 11
SOFTWOOD PLYWOOD:
Production
thous. of sq. ft., %" equivalent
Shipments.
do
Stocks, end of month
._
do
281, 542
341,083 r 278, 267
254, 756
253, 635
113, 871
HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new
_ __
___
M bd. ft
3,900
3,800
3,450
3,650
4,300
4,850
4,525
5,075
4,150
5,250
4,275
4,400
3,300
Orders, unfilled, end of month
do
9,650
9,600
9,600
9,325
9,650
10, 350
9,650
9,900
10, 450
10, 050
9,800
9,500
8,450
Production
do
4,200
3.200
3,900
3, 900
4,000
3,875
3,900
4,200
3,500
4, 150
3,100
3,950
4,100
Shipments
_
_ _ _ __do
3,800
3,650
2,950
3', 350
4, 050
4,125
3,550
4,250
4,050
5,150
4,350
4,300
3,850
Stocks, mill, end of month
do
9,675
10, 175
10, 200
10, 000
10, 275
10, 550
10, 525
10,600
10, 100
8,950
8,025
7,650
7, 650
r
Revised.
p Preliminary.
cfThe figures include a comparatively small nu mber of "o ther footw ear" which is not sho wn separa ,ely from s ices, sandrils, etc., in the distrib ution by t ypes of upi)ers; there ' ire further
small differences between the sum of the figures and the totals f or shoes, Scmdals, anc play shoe *, because 1 he latter, 2 nd also th 3 distributi on by kincis, include small revisions not av ailable by
types of uppers.
© Revised monthly data for January 1950-July 1952 are ava liable upoii request.
JRevisic>ns for 1952 appear in the Augus 1 1953 Sum7EY.
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1953
19 52
September
October
1953
November
December
January
February
March
August
September
73, 043
60, 034
81 390
83, 100
50 373
74, 238
54, 735
78, 243
79, 537
49, 079
73, 874
52, 885
81 474
79 581
50 971
May
June
July
84, 222
86, 584
84, 371
88, 359
55 268
65, 466
77, 419
77, 825
80, 635
52 458
62, 004
62, 965
79 466
79, 821
52 083
April
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
dodo
81, 178
61, 132
82, 021
84, 132
73, 260
87, 303
57, 998
91, 034
94, 691
69, 603
63, 707
50, 843
76, 794
74, 393
72, 004
73, 232
56, 093
72,716
67, 982
76, 738
89, 979
66, 898
78, 157
78, 556
76, 339
87, 638
76, 823
72, 283
77, 265
69, 323
98, 269
86, 161
79, 615
85, 226
62, 064
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports total
short tons. _
Scrap
do
Imports total
do
Scrap
-. - .
do
367, 876
21, 991
142, 336
8,024
448, 197
39, 176
221, 304
5,133
387, 319
19, 790
177, 224
11,767
440, 042
20, 672
205, 599
8,092
328, 091
12, 147
149,371
5,254
283, 903
24, 012
136, 349
10, 846
313, 602
16, 033
181, 185
10, 185
293, 087
17,417
266, 254
11, 255
306, 774
17, 699
261, 581
3,138
285, 251
19, 416
269, 806
15,032
251, 365
15, 988
312, 969
22, 083
233, 702
35, 513
272, 106
18, 669
6 477
3 270
3,207
7,045
1,388
5,658
7,007
3,573
3,434
7,033
1,428
5,605
6 676
3,444
3,231
6,936
1,350
5,586
6 820
3, 490
3,330
6,902
1, 322
5,580
7 008
3,579
3, 429
6,632
1,314
5,317
6 499
3,343
3,156
6,722
1,295
5,427
7 321
3 724
3, 597
6,569
1,248
5,321
6 974
3, 585
3, 390
6,694
1, 295
5,400
7,050
3,572
3,478
6,603
1, 343
5,260
6,665
3,489
3,176
6, 395
1,344
5,051
6,204
3,295
2,909
6,560
1, 451
5,109
» 6 280
P 3, 384
J> 2 896
v 6, 859
P 1, 564
P 5, 295
15, 912
16, 301
8,500
14, 271
15, 588
7,183
9,448
11,531
5,119
3,260
2,970
5,449
3,387
2 002
6.824
3,214
1,909
8,149
4,113
2,181
10, 031
9,971
10, 486
9,516
14, 287
15, 002
8,851
15, 368
15, 663
8,556
15, 719
16, 534
7,739
14, 389
«• 7, 657
41, 532
36, 206
5,326
1,172
13,013
8,048
47, 839
41, 699
6,140
1,065
9,295
7, 826
51, 208
44,318
6,890
1,012
427
8,220
45, 172
39,055
6,116
746
0
8, 293
37, 077
31,967
5, 110
681
0
7, 396
29, 949
25, 741
4,207
576
313
8,257
22, 065
19, 026
3,039
576
8,404
7,764
21, 572
18, 816
2,757
780
13, 597
8,358
26, 247
23. 198
3,049
966
13, 745
8, 056
32, 070
28, 526
3,544
1, 125
14, 497
8,239
38, 829
34, 443
4,386
1,148
15, 237
8,150
45, 579
39, 988
5,591
1,109
64
90
88
157
141
95
96
95
103
134
127
89
thous of short tons
do
do
1 451
1,119
630
1 392
1,233
689
1 309
1,061
594
1 316
1, 142
619
1 333
1,162
622
1 332
1,136
607
1 376
1,264
675
1,306
1,277
683
1,272
1, 186
642
1,246
1, 196
648
1,233
1,056
573
1, 223
1, 069
589
short tons
168, 367
75 950
45, 849
168, 609
88 062
52, 922
167, 842
76 099
46, 708
173, 494
80 680
50, 485
174,809
87 249
53, 272
175,088
86 515
51, 963
177, 776
94, 481
57, 025
174, 514
95, 923
57, 757
160, 387
82, 050
48,011
151,016
86, 514
50, 819
137, 251
77,111
45, 413
120, 801
73, 855
45, 415
6,164
6,007
6.515
6^ 510
6,227
6,128
6,510
6,367
6, 564
6,478
5,882
5,832
6,677
6,577
6,231
6,236
6, 587
6,546
6,373
6, 251
6,516
' 6, 249
6.472
f 6i 353
1 864
1 830
1 897
1 964
1 852
1 884
1 895
1,876
1,887
1,977
2,298
P 2. 368
56.31
54. 50
55.00
56.31
54.50
55.00
56.31
54. 50
55. 00
56.31
54. 50
55.00
i 54. 73
54.50
55. 00
54.73
54.50
55.00
54.73
54.50
55.00
54.73
54.50
55.00
54.73
54.50
55.00
54.80
54.50
55.00
56.22
56.00
56.50
56. 23
56.00
56.50
Iron and Steel Scrap
Consumption total
thous of short
Home scrap
Purchased scrap
Stocks consumers' end of month, total
Home scrap
Purcha e ed scrap
tons
do
do
do
do
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 by furnaces
do
Stocks end of month, total
- do
At furnaces
do
On Lake Erie docks
do
Imports
do
Manganese ore, imports (manganese content)
thous of long tons
13, 214
7,699
51,767
44, 612
7, 155
Pig Iron and Iron Manufactures
Castings, gray iron:
Orders unfilled for sale
Shipments total
For sale
Castings, malleable iron:
Orders unfilled for sale
For sale
do
Pig iron:
Production
thous. of short tons..
Consumption
do
Stocks (consumers' and suppliers'), end of month
thous of short tons
Prices, wholesale:
Composited1 dol. per long ton__
Basic (furnace)
do
Foundry, No. 2, f. o. b. Neville Island^do
6,202
56. 10
P 56. 00
v ,56. 50
Steel, Crude and Semimanufactures
Steel castings:
139, 577
165, 649
141.340
164, 665
182 181
179, 615
175 675
148 259
167 211
165 155
161 733
158 392
Shipments total
short tons
105, 687
126, 380
125, 984
107,941
141, 873
140, 051
137, 592
124, 626
126, 819
121, 402
110,467
122, 166
For sale total
do
22,
925
29,
552
25, 026
34,
035
30,
381
34,
364
26,
752
33,
156
22,
610
22,
287
25,
972
19, 930
Railway specialties
do.
Steel forgings:
3
1,
239,
057
1,
135,
343
1,
197,
291
1,
081,
838
'1,080,582
974,
153
1,
199,
151
1,
206,
550
1,
393,
137
1,
398,
863
1,
207,
058
1,
391,
998
Orders unfixed total
- do
191, 189
196, 441
185, 323 r 155, 288 3 150, 512
200, 152
183, 709
155, 630
183, 545
149, 642
178, 475
180, 538
Shipments, for sale, total
do
«•
112,848
134,
686
132,
580
140,
510
3
110,926
147,
701
135,
682
130,
515
112,622
133,
851
137,
221
107,
966
Drop and upset
do
42, 440
56, 503
52, 743
s 39, 586
52, 451
55, 931
46, 324
48, 027
43, 008
41, 676
47, 960
46, 687
Press and open hammer
do
Steel ingots and steel for castings:
9,406
9,997
9, 276
9,404
9,546
8,933
10, 168
9,691
9,898
9,440
9,063
9,808
Production
thous. of short tons__
93
94
100
97
102
99
99
99
106
106
102
107
Percent of capacity!
Prices, wholesale:
.0524
.0524
.0501
.0513
.0498
.0498
.0498
.0498
.0498
.0498
.0498
.0498
Composite finished steel
dol per Ib
Steel billets, rerolling (producing point)
2
72. 00
2 62. 00
2 72. 00
i 69. 00
59.00
59.00
59.00
59.00
59.00
59. 00
59.00
59.00
dol. per short ton__
2 . 0438
3 . 0438
» . 0413
J . 0413
.0420
.0420
.0420
.0420
.0420
.0420
.0420
.0420
Structural steel (producing point)
dol. per Ib..
Steel scrap, heavy melting (Pittsburgh)
45.50
39.50
44.50
40.50
44.00
44.00
44.00
44.00
44.00
44.00
44.00
44.00
dol. per long ton..
8, 883
92
. 0524
v 2 72. 00
v ? . 0438
P 40. 50
Steel, Manufactured Products
Barrels and drums, steel, heavy types:
4,013
4,393
4,459
3,901
4,804
4,052
5,052
5,174
4,878
4,884
4,949
5,396
5,733
Orders unfilled end of month
thousands
1,975
2, 026
2,054
2,086
2,068
1,950
1,670
1,981
1,798
2,046
2,277
1, 892
2,188
Shipments
do
94
117
81
90
123
90
62
63
68
36
28
48
41
Stocks, end of month.
do
r
!
1
2
3
Revised.
P Preliminary,
See note marked "rf " for this page.
Data beginning May 1953 representquotations for a substituted series.
Data beginning August 1953 represent
estimated industry totals based on forge shops whose shipments in 1947 accounted for over 90 percent of total shipments; earlier data are estimated totals based on a different sample.
(^Beginning January 1953, new weighting factors have been introduced and delivered prices eliminated. Quotations comparable with earlier prices may be derived by adding $1.58 (plus
a very small adjustment for anv freight-rate increases) to the stated prices.
.
JFor 1953, percent of capacity is calculated on annual capacity as of January 1, 1953, of 117,547,470 tons of steel; 1952 data are based on capacity as of January 1, 1952, of 108,587,670 tons.
SURVEY OF CURRENT BUSINESS
November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-33
1952
September
October
1953
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 — All grades
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
460, 155
348, 500
111, 655
405, 368
1,146
33, 060
355, 318
240, 136
115, 182
306, 570
1,229
33, 467
245, 036
152, 116
92, 920
208, 128
6,542
787
181
352
797
649
148
1,639
156
192
386
412
447
r
24, 875
256, 739
158 612
98, 127
219,682
1,138
27, 002
269, 597
167 764
101, 833
227, 068
1,186
26, 616
252, 084
151 200
100, 884
215, 587
1,138
24,696
279, 372
161 854
117 518
238, 914
1,296
27, 627
304, 201
174 879
129 322
255, 358
1,338
27, 772
304, 743
177 976
126 767
259, 360
1,307
29, 317
357, 201
220 481
136, 720
311, 009
1,348
31, 605
7,156
846
197
377
861
709
156
1,819
189
207
412
435
497
6,648
7, 105
7,068
6,533
7,437
7,162
7,209
6,950
6,499
865
211
395
857
720
153
6,583
828
153
350
783
679
145
853
146
358
832
714
166
1,714
779
156
335
804
659
148
894
173
415
902
707
168
873
159
352
828
698
161
843
157
329
847
614
162
1, 843
1,695
1,982
2,003
1, 957
1,921
166
194
416
388
443
179
196
422
373
454
2,007
1,924
794
166
295
801
587
156
750
148
252
778
586
150
1,851
838
155
357
880
650
150
190
203
418
433
458
167
183
395
373
435
205
210
416
448
471
194
206
414
442
447
187
214
417
459
449
190
210
397
441
426
151
161
414
405
328
188
195
391
390
378
76, 882
307, 644
77, 312
364, 395
74, 639
296, 613
83, 419
334, 147
89, 895
294, 415
92, 649
283, 599
104, 460
350, 094
102, 071
355, 895
105, 464
345, 619
104, 152
427, 849
109, 285
390, 184
110, 545
442, 171
.0750
.0750
. 0750
.0750
.0750
.0825
.0995
.0924
.0838
.0936
211.2
45.4
165.7
95.8
.402
235. 5
51.6
183.9
107.6
.402
212.1
46.5
165. 6
98.2
.402
232.0
53.3
178.7
103.7
.402
243.6
55.6
187.9
110.7
.402
240.7
54.9
185.7
109.2
.402
273.7
59.4
214.3
127.1
.429
281 0
61.6
219.4
129.2
.429
266 7
57.6
209.1
123.6
.429
261.8
56.8
205.0
121.3
.429
992
446 772
506, 215
299 306
360 564
147 466
145 651
' 407,
362 457, 387
r
1,281
1,260
29, 155
30 752
r
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary
short tons
Imports, bauxite
long tons
Price, wholesale, scrap castings (N. Y.)
dol. per lb_Aluminum fabricated products, shipments,
total
mil of Ib
Castings
do
Wrought products, total
do
Plate, sheet, and strip
.
do
Brass sheets, wholesale price, mill
dol. per l b _ _
Copper:
Production:
Mine production, recoverable copper
short tons..
Crude (mine or smelter, including custom intake) _ . _ _
_
short tons
Refined
_ _ _ _.
_
do
Deliveries, refined, domestic
do
Stocks, refined, end of month
do
Exports, refined and manufactured
__ _ do ..
Imports, total
_
do
Unrefined, including scrap .
._
do
Refined,
do
Price, wholesale, electrolytic (N. Y.)-dol per l b _ _
Lend:
Ore (lead content):
Mine production
short tons._
Receipts bv smelters, domestic ore
do
Refined (primary refineries):
Production _ _._ .
_._ _
do
Shipments (domestic)
do
Stocks, end of month
do
Price, wholesale, pig, desilverized (N. Y.)
dol. perlb..
Imports, total, except mfrs. (lead content)
short tons, Tin:
Production, pig§
long tons,
Consumption, pig, total§ .
_
do
Primary §
do
Stocks, Dig, end of month, total§
do
Government§
do
Industrial§
_
.
do
Imports:
Ore (tin content)
__
_do _.
Bars, blocks, pics, etc
. .
do
Price, wholesale, Straits (N. Y.)
dol. per lb._
Zinc:
Mine production of recoverable zinc. ..short tons.,
Slab zinc:
Production _
__
do
Shipments, total
do
Domestic
_ _ . ._
do
Stocks, end of month
do
Price, wholesale, prime Western (St. Louis)
dol. per lb,_
Imports, total (zinc content) _ .
short tons
For smelting, refining, and exportdo
For domestic consumption:
Ore (zinc content) ._
do
Blocks, pigs, etc
_
do
f
.1000
.0900
.0900
254 1
51 7
202.5
123.5
.429
241 4
50.9
190.5
117.9
.429
p. 417
75, 127
79, 401
75, 521
75, 764
77, 594
72, 367
80, 807
79, 621
80, 829
73, 646
76, 461
' 75, 574
75, 679
82, 426
98, 930
135, 486
71, 456
20, 945
67, 473
25, 261
42, 212
.2420
84, 824
105, 770
138, 759
59, 760
18, 226
59, 901
21, 019
38. 882
.2420
80, 436
100, 075
125, 338
69, 237
13, 016
59, 144
23, 930
35, 214
.2420
85, 239
113, 965
143, 088
58, 858
16, 257
70, 150
24, 381
45, 769
.2420
81, 625
108, 010
125, 133
59, 836
8,079
50, 055
23, 506
26, 549
.2420
83, 653
101, 538
117, 204
60, 944
6,030
62, 360
33, 204
29, 156
.2497
101, 825
112,016
133, 462
55, 807
8,645
52, 397
20, 496
31, 901
.2929
95, 890
112, 660
142, 282
48, 382
6, 551
71,110
39, 573
31, 537
.2990
93, 197
117,929
146, 215
52, 762
8, 669
67, 098
32, 132
34, 966
.2968
84, 948
124, 480
139, 300
58, 126
7,278
81,341
40, 391
40, 950
.2969
88, 063
112, 570
104, 481
77, 100
13, 317
66, 200
48, 201
17, 999
.2969
82 705
106, 749
106 985
78, 825
18, 848
48 466
32, 205
16, 261
.2961
.2962
30, 386
32, 919
33, 523
33, 770
29, 160
30, 537
29, 542
32, 769
30, 660
30, 697
29, 458
30, 388
30, 715
32, 660
31, 137
31, 557
29, 051
28, 793
28, 472
30, 753
26, 444
27, 339
r 26, 164
27, 709
26, 177
27 637
42, 791
45, 818
31, 837
51, 521
40, 970
37, 718
49, 806
48, 261
35, 686
48, 651
39, 370
43, 560
47, 295
35, 529
52, 760
45, 423
36, 811
58, 949
47, 993
42, 242
62, 371
46, 729
39, 487
69, 608
43, 187
48, 914
63, 879
36, 880
44, 140
56, 569
40, 210
35 652
61,017
38, 022
40 836
58 103
r
.1600
.1440
.1416
.1413
.1419
.1350
.1340
.1268
.1275
.1341
.1368
.1400
46, 983
59, 392
41, 305
85, 133
48, 002
42, 144
36, 410
42, 810
43, 612
45, 918
' 30, 796
41, 234
2,686
6,399
4,200
25, 314
15, 534
9,780
3,612
7,261
4,709
24, 840
14, 266
10, 574
4,210
6, 636
4,311
24, 321
13, 659
10, 662
4,027
6,965
4,499
25, 993
13, 265
12, 728
4,250
7,410
4,809
22, 504
10, 589
11,915
3,592
7,012
4,441
19, 433
8,003
11, 430
4,071
7,788
5,162
17, 629
5,206
12, 423
3,968
7,680
5,192
16, 029
4,402
11, 627
3,286
7,562
4, 985
13, 592
2,135
11, 457
3,245
7,508
4 989
13, 391
1, 935
11, 456
1,136
7,686
1. 2138
4,869
6,883
1. 2123
2,177
5, 850
1. 2127
3,277
7,180
1. 2147
3,862
7,703
1.2150
4,101
5,251
1. 2150
4,573
6,686
1. 2140
1,915
7,229
1.0111
2,017
6,739
.9746
4, 230
5,495
.9295
2,798
5 821
.8163
1 214
6 992
.8068
.8231
48, 748
53, 346
48, 899
49, 789
54, 035
' 49, 506
51, 803
51, 335
47, 940
46, 413
42, 252
41, 034
40, 647
76, 019
78, 129
69, 343
94, 541
80, 588
79, 787
71, 659
95, 342
78, 563
90, 756
81, 439
83, 149
81. 363
77, 352
71, 175
87, 160
81, 994
80, 679
77, 573
88, 475
76, 899
71,710
67, 729
93, 664
83, 485
77, 285
72, 388
99, 864
80, 459
86 043
78, 211
94, 280
82, 422
84 250
75, 648
92, 452
81 617
76 784
72, 612
97 285
.1398
14, 976
1,357
. 1330
21, 322
2,939
.1250
23, 235
2,555
.1250
27, 232
1,532
. 1259
27, 658
.1148
27, 475
.1100
75 808
.1100
102 632
984
.1103
54, 767
3,859
.1100
51, 609
911
473
.1100
66 834
338
143
182
4,468
9,151
6,105
12, 278
7,027
13, 653
3,686
22, 014
6,804
19, 943
7,837
18, 654
29, 020
21, 888
26, 601
24, 535
47, 708
27, 762
64 206
38, 283
41 600
25, 052
80
74
69
103
825
204
498
906
83
69
65
117
241
250
450
897
.1098
54 950
.1374
81
57
55
141
144
547
167
494
.1018
49
38 882
16 019
HEATING APPARATUS, EXCEPT
ELECTRIC
Boilers, radiators and con vectors, cast Iron:
Boilers (round and square) :
33, 552
Shipments^-.
thous. of Ib
29, 455
23, 088
14, 088
12, 955
11, 522
10, 990
9,286
12, 831
Stocks, end of month. ._
do
63, 833
55, 159
51, 470
54, 618
60, 568
65, 219
73, 761
83, 423
89, 479
Radiation:
O 0/1 C
2 435
2 477
2 590
4 729
4 962
Shipments cf
thous of sq ft
3 814
2 634
2 621
1 740
1 821
2 CQ1
Stocks, end of monthd*
do
5,032
3,422
4,199
3, 859
4,044
4^028
4^625
5,310
6,745
9,085
8,404
7,909
r
Revised.
*> Preliminary.
§Substituted series. Compiled by the U. S. Department of Interior, Bureau of Mines; monthly data beginning January 1951 are available upon request. Government stocks represent
those available for industrial use.
cfData beginning June 1953 are compiled by The Institute of Boiler and Radiator Manufacturers and represent substantially complete coverage of shipments of cast iron radiators and
convectors.
SURVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1053
1953
1952
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 and 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, gas, shipments*.
_
_.do
22, 245
20, 957
19, 220
19, 941
26, 768
24, 737
29 828
29, 873
25, 667
66, 080
104, 128
43, 016
57, 874
119, 401
36, 099
42, 595
72, 884
39, 473
37, 505
53, 272
46, 781
37, 658
49, 026
49, 915
43, 469
45, 345
58, 324
38, 986
56, 336
67, 262
48, 960
53, 904
78, 784
53, 657
64, 173
86, 387
74, 416
86, 635
79 735
81,190
95, 444
77, 745
223, 296
9, 655
202, 156
11,485
266, 024
10, 523
242, 348
13, 153
206, 210
8,411
188, 626
9, 173
197,118
8,911
178, 706
9,501
187, 745
8,723
170, 675
8 347
205, 872
8,089
187, 702
10, 081
228 602
8, 125
210, 048
10, 429
238, 851
7,420
220, 939
10, 492
197 483
5,075
181, 682
10, 726
179, 651
5, 435
167, 070
7, 146
171 491
5 796
159,515
6 180
203 758
7 006
187, 521
9 231
573, 969
161, 293
246, 502
166, 173
669, 871
182, 654
310, 694
176, 523
377, 757
121, 278
175, 446
81, 033
197, 416
36, 401
115, 821
45, 194
145, 700
12, 061
57, 487
76 152
124, 334
11,735
60, 568
52, 031
147, 598
17, 218
78, 544
51, 836
137, 623
20, 782
72, 366
44, 475
154, 965
25, 503
78, 136
51, 326
216,485
27, 617
116, 059
72, 809
297, 809
47 056
153,
104
T
97 649
396, 069
51, 841
221,333
122 895
117, 238
55, 146
46, 578
15, 514
179, 897
127, 691
59, 849
51, 490
16, 352
192, 831
90, 639
45, 722
35, 383
9,534
174, 030
64, 882
33, 896
26, 163
4, 823
1S4. 269
57, 778
31, 426
22 101
4,251
191,754
55, 368
29, 815
21, 662
3,891
196,601
64, 115
32, 748
27, 353
4,014
211,404
67, 543
37, 260
26, 812
3,471
211, 405
70, 814
37, 755
28 297
4,762
185, 873
92, 294
49, 314
36, 296
6, 684
172, 243
r
90 953
46 939
38 318
r
5 696
170,356
109 237
54, 079
47 210
7 948
159, 730
r
r
r
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, net:
Electric processing
thous of dol
Fuel-fired (except for hot rolling steel)
do
Machine tools:
New orders
1945-47 = 100
Shipments
___
_ _ do
Pumps, steam, power, centrifugal and rotary, new
orders
thous. of dol
33, 117
16, 625
33 223
14, 545
50 790
14, 943
41 857
12, 223
365.9
335.8
258. 1
343.3
301.0
257. 3
396.7
303.0
294.4
446.8
440.8
633.3
317 2
1 412
2,472
2,459
1,520
1,241
2,396
1, 634
3, 235
1, 655
3,540
1,672
3, 996
1,301
3,607
1, 796
3,017
1,799
2,609
2,095
2,550
2 241
1,983
1 711
5,454
834
3, 003
302 4
368.3
243.3
357.8
205.4
342.5
225 2
355 0
255.8
361.6
282.1
354.5
327.0
375.9
276. 8
372. 7
246. 4
356.0
273.4
342.2
247 3
267 6
5, 258
5,534
4,130
6, 575
5,752
6, 521
8,255
7, 758
4,629
5,690
5, 533
3,112
2,168
1, 975
1, 571
1, 162
1,202
1, 245
1,455
2,004
2,528
r
286
r
9
299. 6
v 218 9
v 328. 7
4,886
4, 845
2, 707
2,853
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), ship2,874
ments
_
-.
thousands. .
Domestic electrical appliances, sales billed:
69.2
Refrigerators, index t-- -- 1947-49=100.
Vacuum cleaners, standard type
number. . 237, 541
287 919
Washers
do
1
Radio sets, production§
do
970, 109
Television sets (incl. combination), production!
number. _ i 755, 665
Insulating materials and related products:
Insulating materials, sales billed, indexf
1947-49=100
141.8
Fiber products:
Laminated fiber products, shipments©
8,223
thous. of dol. .
Vulcanized fiber:
Consumption of fiber paper
thous. of lb__
3,759
Shipments of vulcanized products
thous. of dol_ .
1,380
Steel conduit (rigid) and fittings, shipments
short tons
25, 456
Motors and generators, quarterly:
New orders, indext
1947-49=100
149 0
Polyphase induction motors, 1-200 hp:
36, 946
New orders
thous of dol
Billings
do
35 210
Direct current motors and generators, 1-200 hp:
9 269
New orders
thous of dol
7 905
Billings
do
r
62.3
77.2
292, 474
254, 297
298, 641
335, 616
870, 338 1, 037, 864
74.8
93.3
106.0
249, 032
246, 007
255, 886
317, 914
333, 601
282 453
2
1,498,258 1,093,142 1, 192, 439
107.6
80.5
88.3
95.7
329, 294
252, 404
197, 506
268, 548
313, 005
353, 972
294, 960
295 393
1
1,549, 203 1, 158, 936 1, 108, 991 U, 163,831
87.0
159, 446
233 191
674 459
724, 117
780, 486
2921,086
719, 234
730, 597
i 810, 112
567, 878
481, 936
J 524, 479
316, 289
603, 760
161.2
154.8
176.3
174.2
176.5
190.2
189.1
173.9
174.4
150.0
153.0
r
63.0
188, 536
296 589
991 637
227, 253
349 342
l, 216,525
l
i 770, 085
9,110
8,956
10, 196
10, 427
10, 609
11,072
11, 322
10, 268
10, 299
8,872
8,505
9, 222
4,160
3,658
4,198
4,466
4,360
4,843
4,701
4,452
4,673
4,033
4,197
4,287
1,694
1,463
1,671
1,725
1,791
1,895
1,882
1,999
1,870
1,645
1,720
1, 653
21, 171
20, 213
25, 780
21, 946
23, 188
26, 058
22, 182
22, 206
157.8
156. 8
36, 954
36, 541
41, 127
39, 639
46, 319
45, 863
8,807
7,512
8 858
8,821
10, 064
10 152
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
r
2,475
2,783
2,886
3,178
2,626
2,365
2,284
1,987
3,405
2, 378
2, 546
Production
thous. of short tons..
4,213
3,761
Stocks in producers' storage yards, end of month
1,674
1,635
1, 608
1,654
1, 726
1,479
1,709
1,623
1,611
1,314
1, 300
1,759
1,786
thous. of short tons..
323
271
220
254
465
166
180
149
140
91
496
498
Exports
do
Prices:
25. 53
26. 95
25. 53
26. 16
26. 97
26.97
26.97
26. 16
Retail composite 9
dol per short ton
14. 944
15.319 r 15. 550 p 15. 754
14. 619
14. 619
14. 681
16. 013
16. 013
16.013
16. 013
14. 219
14. 681
Wholesale, chestnut, f. o. b. car at mine, .do
Bituminous:
42, 723
37, 025
37, 255
35, 045
32, 744
41, 060
39, 445
34, 265
36, 250
38,800
40, 275
41, 095
Production
__._.
thous. of short tons. _
46, 885
Industrial consumption and retail deliveries,total
31, 545
41, 424
34, 368
31, 954
32, 491 r 33, 497
41, 278
37, 006
37, 596
34, 282
34, 503
38, 864
36, 967
thous. of short tons_.
30, 051
29, 230
28, 704
31,911
33, 982
33, 428
30, 113
31, 840
29, 289 r 29, 478
28, 957
Industrial consumption, total
do
28, 327
31, 928
767
665
759
712
840
792
847
656
556
'649
615
509
581
Beehive coke ovens _.
... do
8,993
8,725
9,035
8,899
8,923
8,
067
8,956
8,583
8,230
8,
641
8,447
r
8,
946
8,541
Oven-coke plants
do
764
664
692
686
709
668
682
725
786
687
679
699
668
Cement mills
.
_.
do..
9,287
9, 123
8,293
9, 604
8, 618
8,758
8,494
9,582
10, 388
10, 170
8,877
9,390
9,409
Flectric-power utilities
do
2,413
2,334
2, 168
2,191
3, 046
2,833
2,560
3,031
2,448
2,227
2,852
3,128
2,134
Railways (class I)
do
474
454
449
679
625
559
424
653
698
617
623
538
421
Steel and rolling mills _
_ do
6, 985
7,597
7,164
9,300
8,422
8,895
9,500
8,705
9,027
7,160
6,919
8,746
Other industrial-.
do
7,203
3,202
2,724
2,841
5,756
4,317
4,019
7.996
7,296
6,893
5. 325
6.176
6,936
5.056
Retail deliveries.
__
-do
*• Revised.
*> Preliminary.
1 Represents 5 weeks' production.
2 Represents 6 weeks' production.
d"Revisions for January-July 1952 will be shown later. The survey covering all heating and cooking equipment producers has been curtailed by the Bureau of the Census; data beginning
June 1953 are estimated industry totals based on reports from manufacturers representing over 95 percent of the industry (except for shipments of coal and wood heating stoves and oil burners
which are based on reports from producers accounting for over 91 percent of the total).
*New series. Compiled by the Gas Appliance Manufacturers' Association beginning June 1953 and by the V. S. Department of Commerce, Bureau of the Census, for earlier months; data
represent total shipments of gas water heaters based on reports from manufacturers representing 98 percent of the total industry. Monthly data prior to August 1952 will be shown later.
tRevised series, reflecting use of new base period; data prior to August 1952 will be shown later.
§ Radio production comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for September 1952 and March, June, and September 1953 cover 5 weeks; December 1952, 6 weeks; other months, 4 weeks.
©Data for 1952 cover 14 companies; beginning January 1953, 17 companies.
9 Revised to represent weighted average price of anthracite stove based on quotations in 6 cities as follows: Baltimore, Boston, Laconia (N. H.), Madison (Wis.), Middletown (Conn.),
and New York.
SURVEY OF CURRENT BUSINESS
November 1953
S-35
1952
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
September
October
1953
November
December
January
February
March
April
July
June
May
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
_
Oven-coke plants _ _
Cement mills
Electric-power utilities
Railways (class I)
Steel and rolling mills
Other industrial
_
__
_
do
.do
do
_ do .
do
_ do.
. do_ .
75
77
76
38
11
9
9
73
79
73
72
83, 298
77, 951
75, 970
76, 745
73, 346
71, 385
70, 235
70, 531
72, 912
76, 026
74, 752
' 77, 997
80, 978
81, 492
15, 728
1,746
37, 722
3,487
1,236
21, 573
76, 369
14, 437
1,624
36, 393
3,041
1,156
19, 718
74, 212
13, 637
1,607
36, 195
2,897
1,085
18, 791
75, 036
14, 430
1,540
35, 891
3 032
1,089
19, 054
71, 857
13, 400
1,362
34, 771
2 973
983
18, 368
70, 110
13, 381
1, 245
33, 906
2 892
943
17, 743
69, 187
13, 276
1, 106
33, 926
2 764
940
17,175
69, 473
13, 408
1 057
34, 649
2 571
922
16, 866
71, 660
13, 897
1 106
35, 880
2 571
935
17, 271
74, 475
14, 545
1 226
36, 955
2 774
961
18,014
73,153
13, 221
1, 197
37, 767
2 576
918
17, 474
' 76, 387
r
14, 698
1,341
38, 758
2 533
919
18, 138
79 345
15,883
1 454
39,713
2 639
956
18, 700
73
1,806
1,582
1 758
1 709
1 489
1 275
1,048
1 058
1 252
1 551
1,599
1 610
3, 765
3 010
2 981
2 330
2 207
1 584
1 575
3 150
3 437
3 516
3 441
3 830
15 03
15 03
15 04
14 95
14 75
14 71
14 81
5.655
6.680
6.016
6.951
6. 028
7.020
6.032
7.064
5.931
7.076
5.923
7.058
5.857
6.853
5.831
6.446
5.810
6.428
5.796
6.491
5, 796
6.572
'355
' 5, 805
323
328
6,117
314
356
5,961
311
427
6,264
329
483
6 284
337
451
5 681
324
536
6,299
334
507
6,032
341
539
6,282
370
486
6,127
350
410
6,340
T
374
2,838
2, 132
706
97
52
2,541
1,957
583
87
41
2,445
1 920
524
96
62
2,177
1 736
441
103
54
2,075
1 672
402
111
51
1,995
1 641
354
130
43
1,973
1 581
392
140
39
2,009
1 541
467
154
52
2, 135
1 606
529
190
53
2,129
1 572
557
155
53
14.75
14.75
14.75
14. 75
14. 75
14.75
14. 75
14.75
14.75
14.75
1,677
195, 528
98
210, 510
1,790
202 044
96
213 358
1.773
194,611
98
211,456
1,690
205 645
97
215 504
1,957
203 214
96
218 288
1,828
183 736
94
195 133
1,807
202 458
94
217 073
2,059
193 389
91
203 425
2,378
198 086
93
217 074
264, 723
65, 241
181, 580
17, 902
269 776
66, 084
185, 900
17, 792
267 852
63, 777
185, 625
18 450
271
66
187,
17
928
275
852
801
272 250
65, 902
188, 480
17 868
273
66
189,
17
589
451
163
975
275 665
69, 077
188, 897
17 691
280 487
71, 181
191, 494
17 812
280
71
191,
17
1,664
Exports
do
« 18, 632
Imports
do__
2.570
Price (Oklahoma-Kansas) at wells. .. dol. per bbl._
1,526
20, 135
2. 570
1,805
16, 823
2. 570
2 960
20, 141
2.570
2 211
18, 507
2.570
2 Oil
16, 292
2. 570
2 171
20, 221
2.570
45, 183
37, 321
45, 310
38, 984
46, 768
40, 351
47, 379
40, 515
42 153
35, 704
39, 347
50, 395
47, 176
48, 304
60, 535
60 109
63, 778
57 557
7,160
2,827
6 975
7,772
2,622
6 354
8 598
2, 516
6 782
120, 721
53, 052
116 096
53, 069
99 582
48, 706
2,840
1 373
2, 949
1 271
.098
.900
10, 919
12 230
33, 289
358
Retail dealers
do
Exports
do
Prices:
Retail composite f
dol per short ton
Wholesale:
Mine run, f. o. b. car at mine
do
Prepared sizes, f. o. b. car at mine
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__
a
1 633
14 83
r
5. 698
6. 665
P 5. 698
p 6. 719
M14
6 311
384
370
6, 032
2, 376
1 598
r
778
154
48
2,475
1 624
851
14.75
14.75
14.75
1,973
197 837
94
212 433
2, 468
204 701
94
220 197
2,128
204 059
95
222 048
308
Oil
556
741
283 715
73, 527
191, 879
18 309
284 976
74, 269
192, 450
18 257
285
73
192,
19
2,833
18, 516
2. 570
1 611
20, 729
2.570
1,824
21, 559
2.820
1 232
19,175
2. 820
l 321
19, 125
2.820
46, 157
38, 931
42, 730
36, 572
43, 393
37, 120
43, 860
37, 151
r
44, 682
37, 942
44, 539
37, 894
52, 552
48 531
50, 773
52, 769
38, 533
47, 192
28, 574
44 729
30, 389
43 045
r
25, 140
41 330
26, 435
41 362
7,702
2,055
7 403
6 809
1,831
5 924
8,083
1,884
6 774
7,152
1,757
7 075
6,087
1,735
7 090
6,116
1,938
6,747
6 347
2,008
6 720
6 552
1,811
6 531
80 655
45, 910
67 167
44, 178
59, 802
41, 600
61 349
39, 572
73 706
41, 795
84 504
43, 801
r 102 394
r
47 966
119 542
50 007
2, 546
1 292
2,135
1 367
3 673
1 339
3,091
1 724
2,942
1 972
2,592
1 591
2,715
1 646
2,143
1 400
1 460
1 7^8
.098
.900
.098
.900
.098
.900
.098
.850
.098
.850
.098
.850
.093
.850
.093
.950
.093
1.050
.093
1.100
11, 792
12 455
32, 199
358
13 061
17 829
26 842
372
13 434
17 066
23 487
325
11 313
13 884
20 468
429
11, 135
12 092
18, 697
728
10 825
8 256
20 335
857
10 132
5 603
24 307
500
9 795
5 467
27, 659
904
9 945
5 982
31 143
404
9 940
4 945
35 711
384
r
2,221
1 529
692
141
39
r
r
r
PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed
.
- number.
Production
thous. of bbl
Refinery operations
percent of capacity
Consumption (runs to stills)
thous of bbl
Stocks, end of month:
Gasoline-bearing in U S , total
do
At refineries
do
At tank farms and in pipelines _ _. _ do_ ._
On leases
do
Refined petroleum products:
Fuel oil:
Production:
45, 053
Distillate fuel oil
thous. of bbl
36, 887
Residual fuel oil
__ _ _
do_._
Domestic demand:
28, 836
Distillate fuel oil
.
do_ _ .
41, 267
Residual fuel oil
do
Consumption by type of consumer:
6,047
Electric-power plants
- do
2,618
Railways (class I)
_
do_ _
6,342
Vessels (bunker oil)
do
Stocks, end of month:
117, 252
Distillate fuel oil
do
56, 200
Residual fuel oil
_
do _ _
Exports:
Distillate fuel oil
_ _ _ _. do .
o 3, 269
1 194
Residual fuel oil
do
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
dol. per gaL_
.098
Residual (Okla., No. 6 fuel)
dol. per bbl. .
.900
Kerosene:
Production
thous. of bbl
10,498
7 156
Domestic demand
do
35, 021
Stocks, end of month
.
do
655
Exports
do
Price, wholesale, bulk lots (New York Harbor)
dol. per gal_ .
.108
Lubricants:
4,694
Production _ _
_.
_ _ thous. of bbl.
3,433
Domestic demand
- do
9 745
Stocks refinery, end of month
do
Exports
_- .. _ ..- --do __ « 1, 070
Price, wholesale, bright stock (midcontinent,
.270
f. o. b. Tulsa)
dol. nor eal__
1
1
r
r
T
r
352
982
366
004
.108
.108
.108
.108
.108
.108
.108
.103
.103
.103
.103
4,940
3,711
9 869
1,054
4,507
2,800
10 561
938
4,416
2 993
11 021
908
4,210
3 032
11 250
890
3,596
2 931
11 224
628
4,321
3,229
11 134
1, 127
4,271
3 625
10 801
919
4,572
3 444
10 873
1,012
4,293
3 470
10 611
1,020
4,321
3 905
9 879
1,105
4, 627
3 646
9 684
1, 084
.260
.250
.220
.220
.210
.210
.205
.205
.195
.225
.205
p 2. 820
6, 155
p . 093
P 1. 100
».103
-January, 16,464;
SURVEY OF CURRENT BUSINESS
S-36
November 1953
1952
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
September
October
1953
November
December
January
February
March
April
May
June
July
August
September
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCT S—Continued
Refined petroleum products— Continued
Motor fuel:
Gasoline (including aviation) :
Production, total §
thous. ofbbl
Gasoline and naphtha from crude oil§
thous of bbl
Natural gasoline used at refineries
do
Natural gasoline sold to jobbers}
do
Domestic demand
do
Stocks, end of month:
Finished gasoline
do
At refineries
do
Unfinished gasoline
do
Natural gasoline and allied products _ _ do
Exports-._
do
Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
dol. per gaLWholesale, regular grade (N. Y.)
do
Retail, service stations, 50 cities
do
Aviation gasoline:
Production, total
_ _ thous. of bbl .
100-octane and above..
._
do
Stocks, total
do
1 00-oetane and above - _.
doAsphalt:O
Production
_ _ _ _ _ _
_ ___
do
Stocks, refinery, end of month
do
Wax:
Production..
._
- _
, .thous. o f l b - .
Rtocks, refinery, end of month
do
Asphalt products, shipments:
Asphalt roofing, total- , thous. of squares
Roll roofing and cap sheet:
Smooth-surfp,ced
do
Mineral-surfaced
do
Shingles, all types
do
Asphalt sidings
do
Saturated felts
_
- short tons
107, 581
107, 413
96, 796
105,897
101, 389
107, 243
106, 943
114, 123
114,321
720
317
735
326
95, 097
9 451
3 033
95 817
95, 609
9 292
2 512
89 634
86, 221
8 378
2 197
86 458
93, 963
8 930
3 004
98 158
90, 359
8 088
2 942
102 044
96, 091
8 255
2 897
105 918
95, 051 ' 101, 563
8 948
9,511
2 944
3 049
114 703
112 960
101,833
9 502
2 986
109, 124
111 770
58, 180
8,292
8,890
2,396
121 645
63, 809
7 864
8, 584
3,447
127 792
70 581
8 236
7,807
3,970
141 746
79, 746
8 772
7, 575
2,652
149 069
87, 232
8 804
7,748
2,349
153 315
89, 51 3
9 416
8,268
2,513
148 924
84, 695
9 108
8,849
3,239
147 371
82, 322
9 044
10, 359
2,185
137 863
78, 429
8 333
11,054
2,018
135, 724
75, 545
8 192
11,253
4,113
137 972
77, 262
8 078
11, 959
2,509
.104
.129
.204
.104
.129
.202
.104
.129
.201
.104
.129
.203
.104
.129
.203
.104
.129
.206
.104
.129
.208
.104
.129
.206
.104
.129
206
.104
.129
.221
.114
.142
.222
.114
.142
220
1 r 7, 001
r 7, 442
r
6, 458
7, 476
9 283
*• 4,851
r 6, 967
*r 5, 992
9 673
5, 241
' 6, 597
5. 81 5
9 425
4,887
7,341
5, 942
9 882
5, 168
7,263
6,065
9 601
4,910
7,907
6,748
9 828
5, 348
7,811
6,830
9 163
4,900
7,793
6,568
9 516
5,253
8, 153
7, 013
9 941
5,700
105, 225
105, 907
93, 114
9 186
2 925
100 095
93, 563
9, 759
2 585
103 689
113, 698
59, 276
7,293
8,925
2,164
104, 772
92,
9
2
91
r
r>. 114
p. 142
220
r 4, 827
'7,342
rr 5, 973
8, 594
r
4,611
8,113
4 157
7,739
3 797
5, 493
5 007
4,118
6 321
3, 890
7 525
3,921
8 687
4,689
9 732
5,330
10 473
6,451
10 834
7,680
9 586
8,243
8 429
8, 366
7 094
105, 000
168,000
113,120
158, 480
106, 680
156 520
113,400
161,000
105, 840
160,440
99, 680
150, 360
121, 800
148, 400
118,720
140,840
1 22, 920
142, 800
123, 480
141,680
111,440
140 840
111, 160
146, 720
6,428
6,765
4,241
2,918
3,111
2,966
3,800
5, 161
5,390
5,192
5,505
6,327
5 855
1 332
1 570
3, 526
195
61,432
1 438
1, 661
3,666
230
67, 533
943
1, 033
2, 265
170
52, 472
670
773
1, 475
123
40, 598
721
767
1. 623
131
46, 292
669
695
1,602
114
43, 423
817
886
2,097
105
50, 646
1 062
1 078
3,022
120
64, 339
1 029
1 197
3.164
109
62, 520
1 018
1 108
3, 066
98
57, 264
1 210
1 147
3,148
119
59, 738
1 413
1 346
3, 568
144
71, 876
1 265
1 338
3. 252
154
63 185
i r 5, 549
i r 8, 267
i r 4, 280
r
o tro
r 6, 050
T
r
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
.. -thous. of cords (128 cu. ft.)
Consumption
do
Stocks, end of month
- -_
_
do__
Waste paper:
Receipts
-_
-- short tons
Consumption
do
Stocks, end of month
_ __
do.
r
2,355
2 104
6,007
2,255
2 351
5,917
2, 150
2 224
5,843
2,247
2 131
5 929
2,432
2 367
6, 006
2,283
2 148
6, 132
2,260
2 405
5, 989
1,987
2 375
5,598
1,875
2 406
5,063
2,259
2 370
4 947
693, 247
698 420
496, 775
786, 664
775 224
510, 317
685, 279
704 127
492, 249
696, 981
666 765
521, 737
687, 220
708 058
509, 058
647, 080
682 469
476, 575
742, 1 50
741 071
474, 106
762, 156
750 702
484, 184
723, 385
732 924
473, 084
718, 942
734 350
456, 525
1,310
60, 401
670, 471
186, 823
32 320
187, 254
89 458
1,461
65, 441
761, 522
205, 110
36 628
204, 312
94 631
1,394
59. 762
739 059
190,129
35, 173
189, 874
91 463
1, 346
49, 548
700 304
186, 072
36 004
195, 395
89 521
1,483
58, 871
784 840
205, 504
36 875
210, 319
93 629
1, 356
49, 214
715,468
186,191
34, 782
192, 325
88 308
1, 512
56, 401
810 905
203. 364
37 084
206,012
89 186
1,467
51, 686
783, 586
200, 232
33 717
201,951
99 431
1, 518
57,914
812 940
201,416
35 828
209, 324
99 650
1 483
63, 469
800 485
188, 431
35 639
1 99, 893
98 260
1 352
45, 587
724 651
168 730
31 395
190 159
97 351
1 546
68, 163
844 347
192 556
37 544
205 005
92 031
1,448
64, 270
776 254
183, 200
35 531
192, 932
96 092
146, 712
42, 769
32, 722
2 321
26, 681
149, 404
42, 786
31, 489
2 282
22, 563
154, 700
43, 809
32,513
2 641
22, 394
154, 327
47, 1 59
29,111
2 403
25, 115
164, 777
46, 920
35, 1 75
1 861
28, 094
158, 036
39, 166
32, 592
1 936
31, 683
165, 367
42, 186
36, 738
2 190
33, 052
164,671
41,427
40, 609
1 711
34, 740
173,013
41, 965
42, 354
1 348
37 271
175.179
36, 343
42, 988
1 497
35 187
154,215 ' 163. 100
42 459
36 725
38,319 r 37, 636
1 582
1 874
32 525
31 204
152, 930
40, 491
28, 206
2 677
27, 538
11, 388
162, 273
19, 833
61 045
50, 536
2,494
27 773
11,560
170,340
25 272
63 100
55, 403
2,257
23 593
11,712
200, 853
23 787
73 992
72, 840
2,298
27 107
12,031
223, 596
20 672
85 810
91.096
2 623
22 731
1 3, 489
191,287
19 387
81 119
66, 125
2 560
21 302
6,228
170, 648
16 415
72 752
58, 599
2,427
19 664
10, 449
167, 154
20 359
69 852
55, 693
3,205
17 278
12.646
1 75, 608
21 523
71 088
62, 430
3,030
16 694
8,672
191, 660
20 354
83 397
61,564
2 429
23 462
11,885
198, 103
23 614
84 371
61 293
2 604
25 572
13, 285
164 819
23 848
64 004
52 050
2 499
21 853
9, 236
186 928
22 303
79 701
62' 304
2 594
19 380
2,027
969
941
118
2,279
1,080
1,075
124
2,104
992
997
115
2, 023
977
936
109
2,205
1,053
1 032
119
2,066
987
967
112
2,281
1,077
1 076
128
2,265
1,084
1,056
125
2,263
1,085
1,052
126
2,263
1,067
1 071
125
2 042
981
941
120
2,297
1,081
1 099
117
2 436
2 176
5 205
2 697
2 46Q
5 433
656 745
633 3'-0
480 559
696, 141
732 770
430, 677
r
r
r
WOOD PULP
Production:
Total all grades
thous. of shoi t tons
Dissolving and special alpha
short tons. Sulphate (paper grades)
do
Sulphite (paper grades) - _ _ _ do.
Soda
do
Ground wood
-_
do_
Defibrated exploded, etc
do
Stocks, own pulp at pulp mills, end of month:
Total, all grades
short tons-.
Sulphate (paper grades) - - - - _
doSulphite (paper grades)
do
Soda
do
Ground wood
- - - doExports, all grades, total
Imports, all grades, total _
Dissolving and special alpha
Sulphate
Sulphite (paper grades)
Soda
Groundwood
-- -__
_
do
do_
do
do
do-_
do.
do
r
r
r
PAPER AND PAPER PRODUCTS
All paper and paperboard mills:
Paper and paperboard production, total
thous. of short tons
Paper (incl. building paper)...
.. do
Paperboard
do
Buildine board...
_ _ - _ _ - -.- do._ _
r
Revised.
» Preliminary.
i Revisionsfor January-August 1952 are as follows (thous. bbl.): Production—total—6,511; 6,206; 6,996: 6,185; 5,163; 6,066; 6,725; 7,237; 100-octane and above—5,480; 5,002; 5,873; 5,195; 4,358; 5,147;
5,584; 6,104; stocks—total—8,501; 8,547; 8,622; 7,676; 7,961; 7,418; 7,427; 8,018; 100-octane and above—July, 3,920; August, 4,496.
§Comparable data for January-July 1952 are available upon request.
©Prior to the October 1953 SURVEY, data were shown rn short tons (5.5 bbl. per ton).
S-37
SURVEY OF CURRENT BUSINESS
November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
1953
1952
Septem-
ber -
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
August
July
June
Septem-
ber
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, n e w
_ .
do
Orders, unfilled, end of month
do
Production
...
_ __ _ _ _ d o
Shipments
do
Stocks, end of month
_ . do __
Price, wholesale, book paper, "A" grade, English finish, white, f. o. b. milL.dol. per 100 l b _ _
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
A t publishers
__
_ _ _ _ _
do
806, 359
775, 071
756, 433
749, 676
428, 169
890, 965
807, 502
850, 605
858, 541
421, 514
759, 399
765, 444
798 316
800, 447
420, 669
824, 431
793, 397
800, 190
796, 778
424, 307
886, 474
817, 728
874, 859
862, 142
437, 021
811, 295
820, 807
809, 914
803, 669
439, 583
922, 907
866, 131
882, 601
877, 582
444, 322
856, 801
853, 842
881, 403
869, Oil
456, 707
856, 552
837, 262
872, 696
873, 123
456, 255
' 857, 394
' 841, 175
' 852, 103
'r 853, 480
490, 105
91, 582
47, 201
100, 268
93, 032
100, 109
105, 800
44, Oil
111, 288
108, 990
102, 407
92, 300
38, 408
98, 393
96,903
103, 897
92, 205
37, 023
95, 799
93, 590
106, 106
104, 433
41, 996
104, 212
99, 460
110,858
100, 915
42, 247
99, 778
96, 998
109, 930
114, 747
48, 125
108, 326
108, 867
109, 109
111,120
49, 915
111,896
109, 255
111, 740
103, 939
44, 030
112, 343
109,820
114, 265
r
298, 047
464, 640
256, 921
255, 797
141, 820
313, 784
486, 189
293, 743
292, 235
143, 328
248, 823
458, 860
277, 372
276, 152
144, 548
315, 082
486, 018
284, 647
287, 924
«• 141, 271
305, 091
491, 465
305, 873
299, 644
147, 500
285, 911
495, 190
282, 239
281, 305
148, 463
339, 405
528, 013
307, 094
306, 583
148, 974
294, 237
518, 375
305, 703
303, 514
151, 165
297, 385
515, 610
302, 870
300, 510
153, 525
106,914
44, 180
»• 108, 556
r
106,
764
r
116, 057
308, 394
524, 410
298,215
299, 593
151,800
r
852, 239
' 899, 416
' 785, 661
* 793, 993
•• 481, 777
846, 000
886, 245
860, 245
859, 000
482, 700
872, 000
914, 795
852, 000
852, 000
480, 840
r 110,
106, 000
57, 450
113, 000
109, 000
118, 100
98, 000
54, 500
103, 000
101,000
116, 000
288, 000
528, 700
316, 000
313, 000
154, 350
300, 000
550, 000
287, 000
286, 000
158, 000
108
' 60, 482
' 91, 846
' 93, 799
r
114, 104
r
310, 681
r
553, 744
' 280, 905
' 281, 347
' 151, 358
13.55
13.55
13.55
13.55
13.55
13.55
13.55
13.55
13.55
13.72
13.80
J» 13. 80
259, 527
170, 090
245, 051
244, 705
130, 595
294, 513
184, 550
272, 503
280, 050
124, 480
263, 053
173, 218
267, 705
274, 385
119, 232
259, 890
175, 106
259, 194
258, 302
120, 260
291, 690
180, 285
289, 853
286, 510
123, 600
264, 708
178,315
266, 787
266, 678
123, 705
296, 149
182, 329
293, 058
292, 135
124, 628
278, 359
173, 820
287, 262
286, 865
125, 025
290, 418
168, 430
292, 593
295, 808
121,810
272, 040
164,575
279, 036
275, 893
124, 950
' 270, 964
r
178, 095
r 256, 249
' 257, 445
r
123, 757
285, 000
194, 000
268, 000
269, 000
122, 750
300, 000
205, 000
295, 000
293, 000
124, 500
461, 508
462 404
141,119
502, 791
486, 159
157, 751
463, 435
498 987
122, 199
463, 377
463, 064
122, 512
473, 640
467 627
128, 525
439, 167
408, 610
159, 082
484, 276
441, 512
201, 846
480, 316
498, 889
183, 273
480, 239
467 656
195, 856
463, 193
486 389
172, 660
491, 254
494 212
169, 702
484, 507
498, 506
155, 703
467, 431
482 598
140, 536
379, 669
92, 301
90, 645
425, 981
' 97, 144
97, 789
416, 974
89, 842
90, 429
386, 627
86, 659
83, 007
351, 775
93, 789
93, 908
346, 035
82, 892
83, 208
420, 956
91,911
94, 505
408, 874
88, 194
89, 004
429, 562
92, 405
91, 168
381, 186
90, 727
89, 640
340, 044
88, 121
90, 755
359, 133
90, 824
92, 295
385, 386
85, 966
85, 824
9,306
582, 209
77 578
422, 887
8,661
561,016
69 364
432 597'
8,074
527, 525
97 206
410 430
11, 726
530, 651
81 258
452, 263
11, 607
556, 022
89 767
391 816
11,291
555, 508
93 225
377, 700
8,697
518, 985
85 618
422, 878
7,887
515, 063
91 272
436 024
9,124
483, 059
69 684
405 424
10, 211
484, 762
76 270
428 210
7,577
514, 320
81 719
404 365
6,106
539 622
91 010
436 879
6, 248
548, 537
77 414
125. 25
125. 25
125. 25
125. 25
125. 25
125. 75
125. 75
v 125. 75
Imports
do
Price, rolls, contract, delivered to principal
122. 00
125. 25
125. 25
125. 25
ports
.. _ _
.
__dol. per short ton
Paperboard (National Paperboard Association) :
Orders, new
__
. __
short tons. 1, 065, 800 1, 076, 300 1, 020, 500 1, 077, 600
459, 900
453, 000
457, 400
478, 400
Orders, unfilled, end of month
do
955, 700 1, 142, 200 1, 004, 900 1, 029, 100
Production, total
_
_ ...
.do
85
88
96
96
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
6,771
7,518
6,828
shinments _ _ _
mil. sq.ft. surface area. _
6,780
Folding paper boxes, value:
174.1
147.4
163.0
146.8
New orders
1947-49 = 100..
147.4
170.8
141.6
158.0
Shipments
do
125. 25
971, 800
455, 100
985, 500
91
968, 700 1, 156, 300 1, 101, 800 1, 040, 100 1, 152. 100
437, 300
567, 500
539, 000
459, 800
567, 000
973, 800 1, 072, 900 1, 071, 200 1, 073, 400 1, 092, 000
95
95
95
96
93
13. 80
973, 300 1,105,200 1,139,300
522, 500
467, 400
590, 800
939, 700 1,122,400 1,069 600
81
98
94
6,363
6,398
7,292
7,059
6,806
7,012
6,459
7 041
7 198
160. 7
148.0
154.9
138.4
183.1
158.6
169.4
153.4
162.5
152.7
174.6
155 6
162.6
143 9
176.9
158 4
160.5
169 2
814
629
185
1,031
811
220
1,031
805
226
852
701
151
1,359
1 069
290
993
815
178
736
568
168
1 014
844
738
106
49, 375
108, 892
60 578
46, 889
113 532
56 126
48, 224
112 959
61 423
43, 929
118 825
54 661
PRINTING
Book publication, total
New books
New editions
__
__
number of editions
do
_ _ do
949
796
153
1,118
930
188
1,263
1, 034
229
893
709
184
800
214
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
39, 274
84, 190
51, 034
45, 110
82, 861
55, 599
41, 749
86, 243
48 776
44, 790
95, 260
78, 090
47, 766
97, 730
63, 921
45, 231
94, 151
48 455
50, 707
98, 627
56, 785
' 43, 732
r 119 332
44 156
.275
.270
.290
.300
.295
.272
.260
.244
.250
.245
.239
'.234
*>. 235
58, 352
66, 668
141, 837
1,573
62, 553
73, 963
133, 042
1 525
60 540
66, 240
123, 745
1 148
65 740
71, 635
118, 987
1 323
69 482
72, 810
117, 875
1 487
66 970
68, 888
114,099
1 264
81 40S
77. 903
116, 089
1 713
82 952
77, 221
122 041
1 500
85 302
72, 234
132 109
2 299
80 227
71 751
143 789
1 781
79 360
61 ' 299
159 486
1 923
68 299
r
59' 241
r 169 152
1 996
60 677
5H 457
167 518
21, 732
23, 131
31 430
27, 405
26, 830
31 463
22, 684
22, 896
30 176
25, 606
24, 300
30 664
26, 784
25 356
31 244
24, 373
24 098
30 631
27, 699
27 334
30 280
28 714
26 483
31 263
26 839
25 213
31 763
26 315
24 637
32 791
23 001
23 414
31 506
r 22 532
r 22 666
r 30 318
23 340
22 181
30 238
7,387
8 044
2,827
5 075
142
9 963
154
8,635
7 888
3, 200
4 574
114
10 821
95
7,361
5 820
2,665
3 069
86
12 272
85
7,920
6 214
2,916
3 161
137
14 110
95
8,238
7 882
3 004
4 794
84
14 118
86
8,236
7 243
3, 263
3 895
85
15 295
121
9,407
8 256
3,570
4 598
87
16 456
96
9 262
8 913
3 798
5 001
' 115
16 872
112
987
942
200
604
139
16 °73
135
8 572
9 279
3 537
5 601
' 142
16 259
137
8 173
9 555
3 616
5' 793
146
14 883
137
416
798
130
523
145
13 550
142
5,389
5 981
10, 304
104
6,217
5 892
10 386
55
5 115
4 573
10, 910
60
5 642
4 863
12 036
48
6 130
7 538
10 169
46
6 428
6 364
10 308
49
7 470
6 555
11 242
69
7 544
6 760
12 155
80
6 940
6 586
12 592
80
7 035
G' 907
12 811
59
6 395
7 302
12 097
65
5 679
6 529
10 226
57
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, end of month
... __ .
do
Exports...
_do
r
Revised.
* Preliminary.
45, 283
122 876
8
8
3
5
7
8
3
5
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1053
1953
1952
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
June
July
August
Septem-
ber
STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS
Coated abrasive paper and cloth, shipments reams. .
174,449
182, 612
176.845
164,085
168,910
184, 754
193, 830
206, 348
178, 323
183, 075
172, 177
160, 350
186, 236
23, 010
99
26, 240
9,584
5, 352
24, 181
101
27, 222
6, 546
4,360
22, 048
95
19, 771
8,823
4,329
20, 881
87
13,740
15,957
5, 385
18,855
79
13,520
21,294
7, 445
17,325
80
14,155
24, 464
8,899
20,215
84
20,813
23, 865
9,706
21, 802
94
20, 891
24, 773
9,556
23, 399
97
22, 924
25, 247
9,215
22, 698
97
26, 400
21, 545
8,669
24, 134
100
26, 480
19, 196
7,679
24, 289
101
27, 092
16, 401
6,613
23, 795
102
27, 417
12,823
4,943
541, 121
533, 658
557, 001
557, 890
479, 951
446, 312
444, 660
388, 269
391,241
353, 088
377, 166
375, 051
447, 707
439, 031
485, 905
495, 613
499 936
496, 994
533 073
544, 733
521, 922
540, 237
526, 678
517, 921
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
._
dol. per thous
Clay sewer pipe, vitrified :t
Production
__ __ ._
_ . _ _ _ short tons
Shipments
do
Structural tile, unglazed :J
Production
_
do
Shipments
_
do
r
27. 409
27. 409
27. 409
27. 409
27. 409
27. 410
27. 577
27. 789
27. 791
27. 839
27. 957
27. 957
145, 352
150, 773
151,442
160,969
130, 372
120,650
135. 639
98, 404
113,227
94, 920
124,673
106, 651
143, 156
136, 741
142, 147
135,874
139,598
131 359
145, 562
140 039
136, 631
145, 519
139, 095
148 165
81,071
80, 295
80, 975
85, 354
71, 635
70, 638
77, 123
63, 923
81, 541
63, 050
73, 976
68, 020
79,890
74, 735
80, 799
80, 474
78, 329
83, 583
80 701
85,114
84, 175
83, 281
83 177
76, 567
10, 100
9,688
10,704
10,119
8,837
8,253
8, 250
7, 889
9, 293
8,602
9, 000
8, 510
10, 680
12,170
10, 291
9,242
11,002
10, 504
10, 861
10, 225
10, 586
9,853
11,489
10, 646
10, 214
10, 572
v 28. 097
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. .
1,464
1,220
722
653
862
825
1,293
1,006
1 284
923
824
1,090
1 649
2,736
2,818
2,200
2,109
2, 485
2,403
3,266
2,308
2,909
2,839
2,765
3,392
2,984
476
768
1,035
2,111
772
327
9,594
666
570
1, 380
2,298
859
307
9,854
312
530
1,387
2,093
742
264
10, 106
484
714
961
1,927
756
285
10,167
385
535
911
2, 356
808
260
10, 427
497
572
929
2,270
804
212
10, 677
828
883
1,418
3,071
1,102
308
8,970
1,033
967
906
1,869
925
229
9, 741
1,149
1, 111
1,040
1 984
816
210
9,909
1,317
1,181
994
1,879
871
221
10, 234
1,127
1,393
901
1 815
794
234
10, 646
716
1,274
903
2,048
923
299
11,193
440
1 104
1 098
2 077
895
325
10 526
3,816
4, 050
8,389
5, 696
6,012
8,035
5, 191
4,693
8,431
4, 960
4,428
8,911
5,975
5, 399
8, 724
6,387
5, 541
9, 566
6,778
5,908
10, 230
6,029
5, 886
10, 582
6,049
5,951
10, 705
5,296
4,800
11,089
3,861
4,931
9,953
5,705
5, 389
10, 107
3,308
4,374
3, 666
3,295
3,652
3, 656
3, 667
3,549
3,533
2,741
2,739
3,252
GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Import^
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
Keene's cement
do
\11 other building plasters
do
Lath
thous of sq ft
Tile
do
Wallboardd"
do
Industrial plasters
short tons
1.218
2,164
1,846
716
2, 033
1,723
444
1, 863
1,718
822
1,887
1,798
603 095
610, 738
608, 516
566, 785
533 226
13 337
165 283
645 548
6 265
902, 174
58, 438
424, 371
12, 125
161, 130
570, 922
6, 507
935, 541
65, 195
411,877
12, 963
168 692
579, 491
4 730
926, 229
66, 339
432 369
13, 401
196 988
593, 756
7 181
942, 793
66, 893
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
thous. of dozen pairs
Shipments
do
Stocks, end of month
_
do_
14, 104
15, 184
28, 199
15, 687
16,819
27, 067
13,987
15,118
25, 935
1 3, 342
12, 949
26, 399
14, 360
13,555
27,217
r
10, 786
13, 420
13, 988
14, 715
14, 304
14, 356
27, 317
13,857
13, 724
27, 343
14, 077
12, 862
28, 540
13, 260
11,192
30, 617
13, 592
14 929
29, 132
11,452
11,964
31, 553
13,100
12, 328
32, 065
COTTON
Cotton (exclusive of linters):
Production:
Ginnings§
thous. of running bales
Crop estimate, equivalent 500-lb. bales
thous of bales
Consumption^
bales- .
Stocks in the United States, end of month,
total!
thous of bales
Domestic cotton, total
do
On farms and in transit..
do
Public storage and compresses
do..
Consuming establishments.
do
Foreign cotton, total
do
5, 710
i 14,952
349
1,166
r 1
r
737, 054
« 91 5, 593
759, 737
697, 984
< 893, 806
765, 778
15,137
772, 176
15,763
15, 705
10, 779
3,977
949
58
14, 563
14,512
6,610
6,644
1,258
51
13, 482
13, 431
4,555
7,437
1,439
51
12, 355
12, 299
2,949
7,779
1,571
55
11,199
11,125
1,988
7,442
1,695
74
10, 203
10, 125
1,401
6,906
1,819
78
9,201
9,117
858
6,366
1,892
84
« 905, 071
747, 789
741,929
8,119
8,025
719
5,491
1,817
94
7,129
7,031
621
4,691
1,719
97
6,181
6,084
470
4,005
1,609
97
4
10, 788
739, 050
725, 849
316,093
702, 425
5,502
5,409
259
3,706
1,444
93
19, 289
19, 204
14, 329
3,682
1,193
84
18, 837
18,757
11,687
5,815
1,254
80
••Revised.
*> Preliminary. 1 Total ginnings of 1952 crop. * Ginnings to November 1. * November 1 estimate of 1953 crop. * Data cover a 5-week period.
JRevisions for 1952 are shown in the August 1953 SURVEY.
cflncludes laminated board, reported as component board.
§Total ginnings to end of month indicated.
JData for October 1952 and January, April, and July 1953 cover 5-week periods and for other months, 4 weeks; stocks are for end of period covered.
2
SURVEY OF CURRENT BUSINESS
November 1953
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
S-39
1953
1952
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 (farm), American upland
cents per lb_.
Prices, wholesale, middling, i*Ke", average, 10
markets
cents per Ib
Cotton lintersrl
Consumption
__ __
thous of bales
Production
do
Stocks, end of month
do
240, 501
10 909
39.1
296 025
7 735
36.8
337, 208
12 362
34.1
465 966
33 268
31.7
291, 829
25 322
29.8
259 475
27 055
30.2
246 467
12 495
31.5
208 208
33 122
31.5
260, 905
15 938
31.7
220, 226
11 430
31.5
114,632
8,375
31.9
193, 304
9,130
32.8
33.1
38.9
36.7
34.8
33.1
32 5
32.9
33 2
33.0
33.4
33.2
33.4
33.0
32.8
88
168
582
i 108
i 256
706
109
233
837
114
211
901
i 111
1207
1 047
110
174
1 079
137
152
1 097
1 128
i 119
1 126
131
83
1,063
123
66
1,050
1103
i 49
987
121
60
986
1,081
2 314
61, 830
3,980
70 866
6,433
67, 119
3,522
2 531
58 627
7,634
54, 833
3,647
51, 908
2,779
2 612
48 672
6,295
55 304
6,887
62, 247
6,311
2 606
57 382
4,924
47, 359
4,399
45, 368
29 72
40.7
19.3
17.8
32 55
40.7
19.3
17.8
33 05
40.7
18.3
17.8
34 12
40.7
18.5
17.3
34 40
40.7
18.3
17.1
33 92
40.7
19.3
17.0
32 52
38.8
18.6
17.0
32 01
38.8
18.4
16.9
31 98
38.8
18.4
17.3
32 82
38.2
18.5
18.0
32 56
38.2
18.3
18.0
32 97
38.2
18.3
18.0
32 74
»37.2
017.9
»18.0
.767
1.080
.762
1.082
.745
1.075
.728
1.047
.709
1.018
.702
1.018
.692
1 014
.690
1.002
.679
.995
.660
* . 972
v . 655
v 2 . 965
21, 432
20, 041
9,768
501
9,134
135.1
21, 612
20,215
i 12, 341
499
1 11, 525
i 134. 8
21, 583
20, 180
9,870
506
9,219
137.0
21, 632
20, 290
9,183
483
8,637
130. 9
21, 680
20, 314
i 12, 282
501
i 111, 521
135. 7
21, 622
20, 277
10, 179
518
9,561
140.2
21, 575
20, 221
10, 251
513
9,635
139.5
81.0
26.7
75.0
24.1
73.6
26.8
71.2
25.1
76.7
24.1
70.9
18.5
80 8
21.9
r
122
172
COTTON MANUFACTURES
Cotton cloth:
Cotton broad-woven goods over 12 inches in width,
production, quarterly tf mil of linear yards
Exports
_
thous of sq yd
Imports _ _
do
Prices, wholesale:
Mill margins
cents per Ib
Denim, 28-inch
__. __centsperyd
Print cloth, 39-inch, 68 x 72
do
Sheeting, in gray, 40-inch, 48 x 44-48
do
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:
20/2, carded, weaving
dol. perlb__
36/2, combed, knitting
do
Spindle activity (cotton system spindles) :J
Active spindles, last working day, total___thous__
Consuming 100 percent cotton
do
Spindle hours operated, all fibers, total.mil. of h r _ _
A verage per working dav
do-.
Consuming 100 percent cotton
do
Operations as percent of capacity
__
21, 259
19, 926
i 12, 353
501
i 111, 608
136. 7
.675
.984
3
21, 377
20, 013
10, 133
507
9,489
138.6
21, 201
19, 824
9,938
497
9,330
136.1
81.5
26.6
80.2
27.2
3
.670
.978
21,344
20, 007
i 10, 126
405
1
9, 484
1
110. 9
r
21, 391
20, 063
9,857
493
9, 279
134.8
21,322
20, 039
9, 582
491
9, 044
133. 9
P
72.0
r
23. 9
03. 4
22.8
r
r
65 1
37. 0
5 592
70 1
36.1
.780
.336
0.780
P. 336
RAYON AND ACETATE AND MFRS.
Filament yarn and staple:
Shipments, domestic, producers':
Filament yarn
mil. oflb
Staple (incl. tow)
do
Stocks, producers', end of month:
Filament yarn
do
Staple (incl. tow)
-- do
Imports
thous of Ib
Prices, wholesale:
Yarn, viscose, 150 denier, filament, f. o. b. shipping point
dol. per l b _ _
Staple, viscose, 1^ denier
__
..do
Rayon and acetate broad- woven goods, production,
quarterly cf
thous. of linear yards
78.3
24.1
78.6
26.7
54.9
15.5
4,995
58.4
17.8
3,872
59.1
15.9
3,687
64 4
17.4
3 691
64 0
18.8
5,513
62 9
16.4
6 260
61 2
16 4
10 892
60 2
22 9
11 351
57.9
26.1
6 069
56 9
29.8
7 241
59.1
32.8
7,557
.780
.400
.780
.400
.780
.400
.780
.366
.780
.366
.780
.366
.780
.366
.780
.368
.780
.336
.780
.338
.780
.336
475, 053
516, 323
510, 371
515, 627
SILK
Silk, raw:
Imports
thous of Ib
Price, wholesale, white, Japanese, 20/22 denier,
87% (AA), f. o. b. warehouse
..dol. per lb._
1,363
1,071
716
1 032
901
585
640
573
666
593
698
812
5.43
5.47
5.43
5.45
5.55
5.56
5.53
5.05
5.12
5.21
5.21
5.20
31, 136
10, 920
28, 118
17, 786
1 38, 280
1 13, 240
64 994
48, 714
28 480
11, 296
20 316
10, 025
26 900
12 116
29 686
15, 366
i 34 360
* 13, 690
40 933
21, 381
29 564
12 656
28 487
18, 443
30 000
12 812
31 569
17, 254
i 36 490
i 14 320
29 791
19, 489
31 396
9 736
25 093
14, 956
3 1. 596
1.120
1.665
1.168
1.725
1.225
1.725
1.225
1.725
1.225
1.725
1.225
1.722
1.185
1.737
1.201
1.752
1.194
3
1. 748
1.199
1.725
1.189
1.725
1.174
1.725
1.200
3 1. 425
3 1. 535
3 1. 625
3 1. 675
3 1. 725
3 1. 725
3 1. 750
3 1. 775
3 1. 775
3
1. 775
1.778
3 1. 780
3 1. 780
166
1, 811
19
169
1,893
18
165
1,880
18
159
1,935
17
160
1,867
18
169
1,932
17
155
1 875
16
142
1,811
16
133
1,894
15
133
1 921
17
do
134
52
138
54
139
52
144
56
138
47
163
54
164
56
144
51
130
51
121
52
do
do
do
75, 293
86 475
155
74, 918
86 856
154
74, 495
83 067
141
71 199
81 630
146
69, 128
81 597
147
74 241
91 448
160
73 319
92 363
152
68 683
83 040
150
73, 638
86 815
158
75 902
92 413
158
59, 492
8,048
38, 940
12, 504
1 74, 165
i 9, 550
i 48 815
i 15, 800
57, 792
7,212
37, 280
13, 300
55, 312
5,884
35 492
13, 936
1 64, 560
i 6, 970
1
42, 175
i 15, 415
57, 148
6,488
36 320
14, 340
57, 940
7,116
36 576
14, 248
i 69, 235
i 9, 185
1
43 065
i 16, 985
57, 524
7,688
38, 080
11, 756
59 572
8,300
38 860
12, 412
p 5. 19
WOOL
Consumption, mill (clean basis) :ft
Apparel class
thous. of Ib
Carpet class
. _
.. . do
Imports, clean content
do
Apparel class (dutiable), clean content*
do
Prices, wholesale, raw, Boston:
Territory, 64s, 70s, 80s, clean basis
dol. perlb._
Bright fleece, 56s-58s, clean basis
do
Australian, 64s, 70s, good topmaking, clean basis,
in bond
dol. perlb._
225
' 31 272 »32
1
7, 770
10 308
21 994
30 622
13, 463
15, 141
29 556
10 500
19 169
10, 780
WOOL MANUFACTURES
Machinery activity (weekly average) :f
Looms:
Woolen and worsted:
Pile and Jacquard
thous. of active hours
Broad
__. ..
do
Carpet and rug:
Broad
-«. _..
Spinning spindles:
Woolen
Worsted
Worsted combs
Woolen and worsted yarn:
Production, total^t
Knitting^
Weaving, except carpet^J
Carpet and other^J
_
Price, wholesale, worsted knitting
50s/56s, Bradford system
thous. oflb
do
_
do
__
do_.
yarn, 2/20sdol. per lb__
r
2.134
2.122
2.122
2.122
2.122
2.122
2.134
2.110
2.146
2.170
2.170
' 2. 158
v 2. 125
1
2
3
Revised.
*> Preliminary.
Data coyer a 5-week period.
Specifications changed; quotations beginning June 1953 not comparable with earlier data.
Nominal price.
^Data for October 1952 and January, April, and July 1953 cover 5-week periods and for other months, 4 weeks; stocks and number of active spindles are for end of period covered.
*New series. Imports of wool are compiled by the U. S. Department of Commerce, Bureau of the Census; dutiable wool covers essentially the apparel class; data prior to April 1952 will be
shown later.
^Revisions for 1952 are shown in the August 1953 SURVEY.
^Revisions for broad-woven goods for first and second quarters of 1952 are shown in the October 1953 SURVEY.
r
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated, statistics through
1952 and descriptive notes are shown in the
1953 Statistical Supplement to the Survey
November 1953
1952
September
October
1953
November
December
January
February
March
May
April
July
June
August
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
Men's and boys'
do
Women's and children's
do
Nonapparel fabrics total
do
Blanketing
do
Other nonapparel fabrics
do
Prices, wholesale, suiting, f. o. b. mill:
Flannel, 12-13 oz./yd., 57"/6u"
1947-49=100_.
Gabardine, 10^i-12 ft oz./yd., 56"/58".___do
95, 779
83, 506
9,923
73, 583
30, 712
42 871
12, 273
7,200
5 073
87, 933
78, 903
14 064
64, 839
26 612
38 227
9 030
4,962
4 068
111.3
107.2
111.3
107.2
111.3
107.2
112. 5
103.9
85 334
72, 691
8 153
64, 538
33 118
31 420
12 643
6,818
5 825
112.5
104. 7
113.9
104.7
113.9
105.3
91, 897
79, 155
4,325
74, 830
39, 143
35 687
12, 742
7, 161
5,581
113.9
105. 8
113.9
105.3
113.9
105.3
113.9
105.3
'112.9
103.6
112.9
103.6
350
138
?358
615, 382
'447
r
407
513,457
501,055
101,478
89, 911
573, 688
348
344
475, 289
465, 737
98, 051
86, 919
TRANSPORTATION EQUIPMENT
AIRCRAFT
number
do
337
57
293
96
268
84
254
97
365
107
382
82
358
81
402
112
417
119
339
104
402
154
number
do
_. do
do
do
do
^ do
551,159
387
330
438, 397
425, 266
112,375
99, 375
604, 261
389
260
471, 808
459, 958
132,064
116,449
519, 536
319
244
405,111
394, 313
114,106
102,504
535, 027
231
189
418,982
406, 156
115,814
103, 648
565, 172
254
218
453,319
435,129
111,599
97, 879
583, 001
190
189
486, 071
467, 440
96, 740
86,212
700, 685
236
189
566, 320
545, 961
134,129
122, 043
723 532
145
141
596, 633
577, 971
126, 754
114, 787
643 487
367
339
549, 677
531, 544
93, 443
82, 433
661, 992
380
359
587, 549
570, 826
74, 063
66, 063
705, 132
376
368
599, 134
581,870
105, 622
92, 788
do
do
do .
20 087
10, 564
9,523
22 028
9,410
12, 618
22 072
9,015
1 3, 057
20 993
9,455
11,538
27 121
14, 136
12, 985
27 938
15, 941
11,997
27 257
15, 372
11,885
28 675
16, 704
11,971
28 511
16,455
12,056
22 661
14, 397
8,264
23, 564
13, 544
10, 020
Truck trailers production totaled
do
Complete trailers
do
Vans
._ do-All other
do
Trailer chassis
-- -. - - do
4 887
4,552
2,280
2,272
242
5,465
5, 149
2,708
2, 441
260
4 908
4,610
2, 464
2, 146
250
5,392
5, 033
2, 560
2,473
248
5 858
5,318
2,5*8
2, 730
223
6 009
5, 353
2, 5S6
2, 767
286
6 740
6, 327
2,823
3 504
311
8 850
8,452
2,990
5, 462
334
9 781
9, 414
3,166
6,248
327
9 708
9,309
2,778
6,531
357
9, 285
8,947
2, 526
6,421
320
do
do.-
318, 870
65, 381
383, 385
77, 486
360, 236
70, 431
399, 906
69, 949
386, 221
72, 606
396, 558
68, 616
486, 368
79, 672
528, 278
91,127
540, 575
86, 366
542, 193
77, 199
533, 783
76, 161
502, 430
76, 673
453 806
78, 296
number
do
do
do
do
do
do
do
3, 935
2,052
1,879
1,883
13
13
13
0
5, 592
3,103
2,963
2,489
11
11
11
0
6, 098
4,201
4,032
1,897
11
11
11
0
7,968
5,893
5, 769
2,075
20
20
20
0
8,103
6,094
5 972
2,009
15
15
15
0
7,789
6,072
6 063
1,717
17
17
17
0
6 725
4,958
4 952
1,767
39
39
39
0
6 870
4, 768
4 737
2,102
37
37
37
0
6 969
4,312
3 958
2,657
27
27
27
0
6 918
4,014
3 559
2,904
26
26
26
0
6,817
4,643
4,196
2,174
37
37
37
0
5 701
3,512
3 368
2,189
42
42
42
0
6 336
4,098
3 468
2, 238
34
34
34
0
1,757
1,755
1,756
1,757
1,759
1,762
1,764
1,765
1,767
1,767
1,769
1,771
1,772
98
5.6
73, 609
42, 171
31, 438
89
5.1
74, 728
41, 381
33, 347
90
5.2
72, 400
40, 355
32, 045
88
5 0
67, 138
35, 803
31, 335
88
50
66, 368
36, 550
29 818
89
51
63, 711
34, 891
28 820
89
5 0
59, 354
32, 732
26 622
88
5 0
54, 333
30, 141
24 192
89
5 0
50, 717
29, 351
21 366
91
5 2
45, 804
26, 880
18 924
92
5 2
40, 119
22, 908
17,211
92
5 2
40 224
21, 497
18 727
94
53
37, 554
20, 651
16 903
2,125
12. 5
2,015
12.1
1,939
11.9
1,890
11 9
1,851
12 0
1,835
12 1
1,784
12 1
1,656
11 5
1,547
11 1
1,437
10 6
1,315
10 0
1,336
10 4
1,216
9 7
1,006
21
1,011
19
894
17
943
15
948
14
1,057
12
843
10
861
8
675
7
564
6
511
5
405
4
545
3
43
49
49
51
38
40
47
40
45
39
61
46
516
488
28
588
549
39
622
585
37
741
674
67
704
669
35
779
743
36
832
794
38
732
690
42
677
640
37
945
902
43
673
591
82
626
576
50
Civil aircraft, shipments
Exports 9
-
MOTOR VEHICLES
Factory sales total
Coaches, totaL.__
Domestic
-_
Passenger cars total
Domestic
__Trucks, total
Domestic
_ . _
_
__
_ . _
Exports total?
Passenger cars 9
Trucks and busses 9
.
-.
Registrations:
New passenger cars
_
New commercial cars --
r
24 524
11,862
12. 662
r
9 703
9, 447
2,629
r 6 818
205
RAILWAY EQUIPMENT
American Railway Car Institute:
Shipments:
Freight cars total
Equipment manufacturers, total
Domestic
Railroad shops, domestic
Pas^en°"er cars total
Equipment manufacturers, total
Domestic
Railroad shops, domestic
Association of American Railroads:
Freight cars (class I), end of month:§
Number owned
thousands. .
Undergoing or awaiting classified repairs
thousands -.
Percent of total ownership
Orders, unfilled -- number
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:
Diesel-electric and electric locomotives, total
number of power units..
Exports of locomotives, total
.......
do _ _ .
INDUSTRIAL ELECTRIC TRUCKS AND
TRACTORS
Shipments total
Domestic
_
Export
._
r
_
.
number
do-_
do
797
735
62
l
Revised.
Preliminary.
t Re visions for 1952 are shown in the August 1953 SURVEY.
9 Data exclude all military-type exports.
cf Total includes production of converter dollies not included in the detail; prior to January 1952, production of these types was included in the "all other" and "total complete trailers"
categories.
§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
2,11, 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, 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, 11, 13, 14, 15,34,35
Blast furnaces, steel works, ctc.._.
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 turnover
4
Butter
_..
27
Cans (metal), closures, crowns
_.
33
Carloadings
._ _ _ _
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, 11, 12,14, 15, 18,21,24
Cigars and cigarettes
_
6, 30
Civilian employees, Federal_ _ ,
12
Clay products, (see also Stone, clay, etc.)
2, 6, 38
Clothing (see also Apparel)-_ .
5, 38
Coal
.
2, 11, 13, 14, 15, 21, 23, 34, 35
Cocoa____
..
22, 29
Coffee...
---_
22, 29
Coke...
____
2,23,35
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
Consumer price index
5
Copper
22, 33
Copra and coconut oil
25
Corn
19,28
Cost-of-living index (see Consumer price
index)
5
Cotton, raw and manufactures
2, 5, 6, 21, 38, 39
Cottonseed, cake and meal, oil
25
Credit, short- and intermediate-term
16
Crops
2, 5, 25, 27, 28,30,38
Currency in circulation
18
Dairy products.._
2, 5, 11, 12, 14, 27
Debits, bank
15
Debt, United States Government
17
Department stores
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,
4,5,8, 11,12,13,14, 18,21,34
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
4
Farm income, marketings, and prices
2, 5
Farm wages
15
Fats and oils, greases
5, 25, 26
Federal Government finance
, _ 16, 17
Federal Reserve banks, condition of
15
Federal Reserve reporting member banks
16
Fertilizers
5, 24
Fiber products
,__
34
Fire losses
7
Fish oils and
fish
25,29
Flaxseed.25
Flooring
31,32
Flour, wheat
—
28
Pages marked S
2,
3, 4, 5, 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
._____.
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, 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, 23, 28
Grocery stores
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
Housefurnishings
__„_____
___ 5, 8, 9
Household appliances and radios
5, 8, 9, 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
__f
2,3
Instalment credit
16
Instalment sales, department stores
10
Insulating materials.___.
,.
34
Insurance, life
.
17
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,
6,18,21,32,33
Jewelry stores, sales, inventories.
,_
8, 9
Kerosene
35
Labor disputes, turnover
13
Labor force
10
Lamb and mutton
.
29
Lard
_
...
29
Lead I "I
. __
33
Leather and products
2, 3, 4, 5, 12, 14, 15, 30, 31
Linseed oil
—
______
25
Livestock
2, 5, 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, 18, 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
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
Medical and personal care
5
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 carriers
22
Motor fuel
,_
36
Motor vehicles
3, 5, 8, 9, 18,40
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, 18, 22, 33
Noninstalment credit
._
___
16
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 pulp
2, 3, 4, 6, 11,12,14, 15, 22, 36, 37
Paper and products.
2,
3, 4, 6, 11,12, 14, 15, 18, 36, 37
Passports issued
23
Payrolls, indexes
__
12
Personal consumption expenditures
1,8
Food products
Pages marked S
Personal income
1
Personal saving and disposable income
1
Petroleum and products
2,
3, 4, 5, 11, 12, 13, 14, 15, 18, 21, 22, 35, 36
Pig iron
32
Plant and equipment expenditures
1
Plastics and resin materials
26
Plywood
31
Population
. _ . 10
Pork
29
Postal savings
16
Poultry and eggs..
2, 5, 29
Prices (see also individual commodities):
Consumer 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
Pulpwood
36
Pumps
34
Purchasing power of the dollar
6
Radio and television
5, 7, 8, 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
Recreation
5
Refrigerators, electrical
34
Rents (housing), index
5
Retail trade, all retail stores, chain stores (11
stores and over only), general merchandise,
department stores
3, 4, 8, 9, 10, 11, 13, 14, 15
Rice
28
Roofing and siding, asphalt__ .
_36
Rosin and turpentine
,
24
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
4,5,8, 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
Shortening
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, yields20
Stone, clay, and glass products
2,
3, 11, 12, 13, 14, 18,38
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
Television
7, 34
Textiles
2, 3, 4, 6, 11, 12, 14, 15, 18, 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._ 5, 22, 23
Transportation equipment
2,
3,4,11, 12,13,14, 18,40
Travel
23
Truck trailers
40
Trucks
40
Turpentine and rosin
24
Unemployment and 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
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
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