Full text of Survey of Current Business : November 1959
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NOVEMBER
ENTT
U.S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
1959
SURVEY
OF
CURRENT
BUSINESS
U.S. DEPARTMENT OF COMMERCE
FIELD SERVICE
Albuquerque, N. Mex.
321 Post Office Bldg.
CHapel 7-0311
Atlanta 3, Ga.
66 Luckie St. NW.
JAckson 2-4121
Boston 9, Mass.
U. S. Post Office and
Courthouse Bldg.
Liberty 2-5600
Buffalo 3, N.Y.
117 Ellicott St.
MAdison 4216
THE BUSINESS SITUATION
PAGE
. 1
Introduction
Manufacturers' Sales and Inventories . „
Aircraft and Missiles
Rise in Nonresidential Construction Demand,
NATIONAL INCOME AND PRODUCT
.
.
.
2
4
6
9
Consumer Market
10
Investment Demand
10
Government Purchases
12
National Income
12
DEFENSE EXPENDITURES ABROAD
*
*
15
SPECIAL ARTICLE
*
*
18
*
REVISED STATISTICAL S E R I E S . . . . . .
MONTHLY BUSINESS STATISTICS..
Statistical Index
24
S-l to S-40
.Inside back cover
Published monthly by the U.S. Department of Commerce, FREDERICK H.
MUELLER, Secretary. Office of Business Economics, M. JOSEPH MEEHAN,
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to Superintendent of Documents.
Cheyenne, Wyo.
207 Majestic Bldg.
Tel. 8-8931
Chicago 6, 111.
226 W. Jackson Blvd.
ANdover 3-3600
Cincinnati 2, Ohio
36 E. 4th St.
DUnbar 1-2200
Cleveland 1, Ohio
E. 6th St. & Superior
Ave.
CHerry 1-7900
Dallas 1, Tex.
500 South Ervay St.
Riverside 8-5611
*
Employment in Corporate and
Noncorporate Production
Charleston 4, S.C.
Area 2,
Sergeant Jasper Bldg.
R Aymond 2-7771
Denver 2, Colo.
19th & Stout St.
KEystone 4-4151
Detroit 26, Mich.
438 Federal Bldg.
WOodward 3-9330
Greensboro, N.C.
407 U.S. Post Office
Bldg.
BRoadway 3-8234
Houston 2, Tex.
405 Main St.
CApitol 2-7201
Jacksonville 1, Fla.
311 W. Monroe St.
ELgin 4-7111
Kansas City 6, Mo.
911 Walnut St.
BAltimore 1-7000
Los Angeles 15, Calif.
1031 S. Broadway
Richmond 9-4711
Memphis 3, Tenn.
22 North Front Si.
JAckson 6-3426
Miami 32, Fla.
300 NE. First Ave.
FRanklin 9-5431
Minneapolis 1, Minn.
2d Ave. South and
3d St.
FEderal 2-3244
New Orleans 12, La.
333 St. Charles Ave.
EXpress24Jl
New York 1, N.Y.
350 Fifth Ave.
LOngacre 3-3377
Philadelphia 7, Pa.
1015 Chestnut St.
WAlnut 3-2400
Phoenix, Ariz.
137 N. Second Ave.
ALpine 8-5851
Pittsburgh 22, Pa.
107 Sixth St.
GRant 1-5370
Portland 4, Oreg.
520 SW. Morrison St.
CApitol 6-3361
Reno, Nev.
1479 Wells Are.
Tel. 2-7133
Richmond 19, Va.
llth and Main St.
Milton 4-9471
St. Louis 1, Mo.
1114 Market St.
MAin 1-8100
Salt Lake City 1, Utah
222 SW. Temple St.
EMpire 4-2552
San Francisco 11, Calif.
555 Battery St.
YUkon 6-3111
Savannah, Ga.
125-29 Bull St.
ADams 2-4755
Seattle 4, Wash.
909 First Ave.
MUtual 2-3300
NOVEMBER 1959
By the Office of Business Economics
FEATUKE of the business situation in October was the
A
rise in retail sales resulting from a spurt in automobile sales
Gro>ss National Product
Iinal demand continues up—
1otal off as inventory rise halts
under the stimulus afforded by the 1960 model cars. This
rapid advance was temporary since new car production was
sharply reduced after mid-October as steel supplies ran out.
The October rise in retail trade brought the total up to about
the July seasonally-adjusted rate as the declines of August
and September were made up. Retail sales other than those
of automotive dealers were steady in October, after having
drifted down 1% percent from the July peak. Both nondurables and durables other than the automotive group were
lower in October than in July.
Overall economic activity in October was little changed
from September as cross currents again characterized this
month. Industrial activity sagged further as depletions of
inventories forced output and employment curtailments in
metal-using industries. The modest October decline in nonfarm employment was centered in these industries, and layoffs were rising when the steel injunction became effective
following the decision of the Supreme Court on November 7.
Billion Dollars
500
^^
TOTAL GNP
y.»**
Final Purchases
450
400
.
1
1
1
1
1
1
1
1
1
1
i
1
1
1
1
Some decline in these segments . . .
Personal income and employment
50
—
t
__ .
^-^^**'^«
_
—~^^"*
Consumer
Durables
—
Residential
Construction
__
(nonfarm)
0
1
1
1
1
1
1
1
I
1
I
1
I
I
1
1
but other final purchases are higher
All Other
^^^^
Final Purchases
400
350
^ 1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
Steel tieup dominates inventory investment change
25
Change in
^
0
-25
^^«B»^^^
1
1
1
Business
^^^^^^^^
1
1957
1
1
1958
1
1
1
1
Inventories
1
I
1
I
1959
1
1960
Quarterly Totals, Seasonally Adjusted, at Annual Rates
U. S. DeF>artment of Commerce, Office of Business Economics
59-11-1
Personal income in October was up somewhat from that
of August and September. A moderate decline in wage and
salary disbursements was more than offset by small increases
scattered elsewhere in other types of income.
The drop in seasonally adjusted nonfarm employment in
October lowered the total back to that of August. Nonmanufacturing employment has continued to show little
change, following the gradual rise during the first half of
the year.
In the latter part of October and in early November, additional layoffs developed, as production cutbacks resulting
from the lack of materials became more widespread. Initial
claims for unemployment compensation rose in the final 2
weeks before steel operations were resumed. The resumption of work in the steel industry raised employment also on
the railroads and in the mines.
While rapid initial progress was made in stepping up steel
activity, many steel-consuming industries had practically
run out of steel or had exhausted some essential types; in
these instances, further curtailment of production is necessary before the renewed flow of steel reaches volume proportions and regularizes operations.
Nonfood prices up
Consumer prices in September inched up and the index at
125.2 (1947-49 = 100) was a little more than 1 percent above
a year ago, with lower food prices partially offsetting a quite
SUIiVEY OF CURKEXT BUSINESS
general rise in other goods and services. Commodity prices
as a group were up a little from a year ago with nondurable
goods prices little changed as a drop in food prices offset
moderate increases elsewhere. Durable goods prices in September were up more than 2 percent from last September.
Wholesale prices have risen only a little in the past year as
a decline in farm products and processed foods offset a rise
of 1.7 percent in industrial prices. Higher prices prevailed
in leather products, lumber and wood products, and the machinery and motive groups.
MOVEMENT OF MANUFACTURERS' SALES
AND INVENTORIES
November 3 !»."»!>
Auto output was sharply higher in October as the assembly
of 19(50 models went into high gear; at month's end, however,
most companies were curtailing operations due to steel shortages. In the first week of November assemblies were down
to 65,000 from the top of 134,000 in the week of October 17.
The nondurable goods manufacturing industries have provided a strong buffer in the recent situation. During the
third quarter deliveries advanced slightly over the second
quarter total. Particularly impressive in the September sales
picture were the advances in the paper, chemical, petroleum,
and rubber industries.
Manufacturers' orders strong
Durable Goods Manufacturers'
Sales and New Orders
Restrictions on manufacturers' deliveries arise from shortages of materials rather than market weakness. New orders
placed with manufacturers dipped 3 percent from the second
to third quarter, seasonally adjusted, but third quarter orders
received by other than primary metal firms held at the
second quarter high.
In the volatile durable goods sector, orders declined in
July and August and the September rise wTas of limited
significance as a business indicator. The rise registered in
nonelectrical machinery, heavy electrical apparatus, and
radio-electronics-communication equipment was, however,
noteworthy.
Nonelectrical machinery orders made an especially good
showing after a temporary setback in August. Both the
industrial and the iionindustrial machinery groups participated, although in the former group, which includes metalworking, special and general industry machinery, recent
orders w7ere under 1956 highs. For iionindustrial equipment
producers—recent rates of incoming business surpassed
earlier highs.
The relatively weaker orders position in the transportation
equipment group since midyear is attributable to the reduced
volume of defense contracts placed rather than to the ordering of motor vehicles or other civilian goods produced in this
industry. The lowered defense ordering in the third quarter
is apparently a temporary decline as fiscal 1960 programs
underwent a thorough review.
Billion Dollars (ratio scale)
Current inventory position
Since midsummer manufacturers have been drawing on inventories to meet their somewhat reduced sales. The recent
easing of sales followed the peak of June when they topped
the previous high of January 1957 by 4 percent in value and
about 2 percent in volume.
Manufacturers' sales in the third quarter fell 3 percent below the record second quarter seasonally adjusted rate; the
decline was entirely in durable goods. The reduction centered in July and August when activity lagged as the impact
of the loss in steel output and retooling in the automobile
industry for the new models began. While deliveries improved in September they still were not back to the June
rate and continued in restricted volume in October.
Durable goods companies reported a September firming
in sales—partly supported by reducing stocks, while nondurable goods firms reported another high. Producers of
motor vehicles, machinery, and fabricated metal products
stepped up shipments from August to September, after seasonal allowances. The improvement in September was sufficient to bring both electrical and nonelectrical machinery
sales for the third quarter as a whole well above the previous
quarter.
The fluctuation in inventories which was the dominating
factor in the movement of the gross national product since
midyear is reviewed in the section on national income and
product. Certain of the details in manufacturing are covered
here.
20
Table 1.—Percentage Changes in Manufacturers' Sales and ]\ev>
Orders l Quarterly, 1959
15
Changes from Preceding Quarter
Safes
Sales
I
All manufacturing
Except primary metals
4
Primary metals...
Fabricated metals
Electrical machinery
10
1957
1958
1959
Nondurable goods
III
II
III
-3
2
5
3
5
5
4
11
1(3
-6
3
8
5
6
11
-
10
18
10
5
-47
2
6
26
3
-2
-9
-2
-1
8
2
12
9
11
4
4
1
16
8
-2
13
16
10
-1
2
4
1
2
4
...
Seasonally Adjusted
U. S. Department of Commerce, Office of Business Economics
i
8
3
Durable goods. _
.- _Except primary metals
Nonelectrical machinery
Transportation equipment
Other durables
II
New Orders
1. Based on seasonally adjusted data.
Source: U.S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
November 1959
Steel and its products comprise only a part—albeit an important one—of manufacturers' total inventories. In recent
months an accumulation of non-steel items lias apparently
occurred—especially among producers affected by bottlenecks arising from steel shortages. This accumulation kept
the overall inventory reduction of manufacturers to moderate
proportions during the third quarter. Imbalances in the
recent composition of factory stocks constitute a greater
hindrance to high activity than might be indicated by the
magnitude of current changes.
Manufacturers' Inventories and Sales
Billion $ (ratio scale)
Billion $ (ratio scale)
DURABLES
Variations by industries
_ NONDURABLES
40
40
Inventories
20
20
Sales
Sales
10
10
METAL USING
PRIMARY METALS
30
Inventories
Inventories
20
10
Sales
8
1
1957
1958
finished goods showed little change over the summer. In
some cases, of course, manufacturers do not normally carry
stocks of completed products. Stocks of automobiles, for
example, are held by retailers.
Inventory investment by nondurable goods companies has
represented one of the more stable elements of demand this
year. The growth did not keep pace with the sales advance: at 1.4 the stock-sales ratio this fall was lower than at
the start of the year and could be considered on the low
side by postwar standards.
Among the soft-goods industries, the moderate accumulation during the first half centered in purchased materials.
In the third quarter the small increase occurred in goods-iiiprocess and finished goods.
I
1959
I
1957
I
I
1958
I
I....
1959
Seasonally Adjusted
Notes Sales are total for month: inventories are book value at end of month
U. S. Department of Commerce, Office of Business Economics
Within the framework of the general trends in manufacturers' sales and inventories, there have been substantial
differences in developments within industries—depending in
large part upon the degree of reliance on steel. Sales of
primary metal producers, of course, declined precipitously
in the third quarter. Prior to this period, this group's shipments had shown a larger rate of advance from the 1958 IOWT
than any other major durable goods industry (see chart).
Since late 1958 shipments had been enlarged by the efforts of
customers to hedge against possible shortages.
Of interest is the moderate but definite uptrend in inventories held by primary metals producers through mid1959. The substantial inventory liquidation in durables
during* 1958 scarcely touched this industry except for mild
reductions in book values for a few months around midyear.
Liquidation started last May and amounted to about 10 percent by the end of September.
Among the metal-using industries—fabricated metals, machinery, and transportation equipment—shipments peaked in
July and were about 2 percent lower, on a seasonally adjusted
basis, in the August-September period. There has been a
strong upsweep in sales by these industries since the beginning of the recovery period in early 1958.
Current markets for business equipment, automobiles, and
other consumers' durables are quite strong, though because
of the steel strike it will not be until further along in the
59-11-3
Table 2.—Manufacturers' Inventory-Sales Ratios l
The pattern of inventory movements this year has received
its impress primarily from the durable goods industries.
Heavy goods producers accounted for four-fifths of the rise
n book values of factory inventories during the first two
quarters of 1959 and all of the third-quarter reduction.
The expansion in durable goods inventories did not match
;he rise in deliveries during the first half. In fact in some
ireas, sales picked up so rapidly that desired inventory buildng was difficult. By midyear, the inventory-sales ratio for
he group was 1.9—the lower limit of the range of such ratios
'or the postwar period, except for a short period early in the
Korean conflict. A somewhat low inventory position is also
ndicated by the postwar relationship of stocks to sales
after allowance for the typical lag).
Some light on this year's shifts in composition of durableroods producers' inventories is shed by data on three broad
ategories of stocks by stage of fabrication. Purchased mamals accounted for nearly three-fifths of the book value
ise in the first 6 months of 1959, while the other category of
working stocks—goods-in-process—accounted for another
ifth. Since the onset of the steel work stoppage, all the
iquidation of stocks by durable goods producers has centered
i purchased materials. Goods-in-process and holdings of
1959
1956
1957
1958
Sept.
Sept.
Sept.
June
1.87
1.90
1.92
1.91
1.84
1.83
1.69
1.69
1.75
1.68
2.19
2.32
2.25
2.30
2.20
2.25
1.92
2.02
2.11
2.00
.61
.92
.66
.60
.95
.70
.59
.89
.72
.56
.75
.60
.84
.67
1.56
1.59
1.51
1.42
1.42
.62
.21
.73
.63
.21
.75
.61
.21
.69
.58
.20
.64
.58
.20
.65
Primary metals
Fabricated metals
Machinery _
Transportation equipment
1.58
2.08
2.49
2.70
1.99
2.02
2.47
2.36
1.96
1.78
2.27
2.77
1.44
1.91
2.13
2.08
3.28
1.74
2.07
2.01
Food, beverage tobacco
Paper
Chemicals
Petroleum
Rubber
1.51
1.54
1.87
1.20
2.25
1.44
1.51
1.92
1.28
2.23
1.37
1.48
1.81
1.14
2.21
1.34
1.43
1.77
1.09
1.95
1.35
1.39
1.84
A 11 manufacturing industries. _.
All manufacturing except primary metals
Durable goods industries-.
Durable goods except primary metals
Purchased materials
Goods-in-process
Finished goods
_
Nondurable goods industries
Purchased materials
Goods-in-process
Finished goods
__
1. Based on seasonally adjusted data.
Source: U.S. Department of Commerce Office of Business Economics.,
Sept.
.59
.99
2.18
SUEVEY OF CUREENT BUSINESS
model year that a gage of basic market demand in autos, e.g.,
will be obtained.
The drawing down of stocks of durable goods in August
and September occurred primarily in the fabricated metals
group, among suppliers of structural steel products, plumbing and heating equipment, cans and other metal containers.
By the end of the quarter machinery and transportation
equipment companies had made only moderate reductions
in stocks, although imbalances were more seriously threatening near-term operations. By early November, shortages
had eroded production schedules on a broader front.
AIRCRAFT AND MISSILES
The preceding review has traced the short-term movement
of manufacturing sales. In the following, a somewhat
longer perspective is given for one major industry.
Among the many shifts that are underway in the economy are those in the aircraft industry. These have resulted
from the changing character of procurement by the military
services and by the jet-purchasing program of the civil airlines—both domestic and foreign.
Military Obligations of Defense Department
Quarterly totals, and average of fiscal 1960 budget
Billion Dollars
15
Fiscal
I960
Total
10
November 1959
were greater than outlays on all other types of major hard
goods. The prospect of a further decline in expenditures
on aircraft in 1960 together with a further rise in purchases
of missiles marks a change in this expenditure pattern. The
rise in missile purchases from $1.2 billion in 1956 to a projected $3.9 billion in fiscal 1960 is indicative of the emphasis
being placed on this procurement program.
Military contracts
A number of durable goods industries have significant
roles in defense procurement programs through both prime
and sub-contracts. A larger volume of military prime contracts is awarded to manufacturers of complete aircraft and
engines than to any other industrial group. Of the prime
contracts valued at $10,000 or more awarded in 1958 (which
includes purchases of soft and hard goods, construction and
services), half represented commitments for the procurement of aircraft and missiles. Most of the latter were let
to the aircraft industry.
Orders from the military agencies represent about 80 percent of the business of aircraft producers. With increased
emphasis on unmanned aircraft, the industry has devoted a
rising share of its resources to the development and production of such craft.
The broad shifts within the aircraft group may be seen in
the charting of sales and orders for makers of complete
airplanes, engines and propellers. New orders as reported
by the Bureau of the Census for the same group of companies are presented in the accompanying text table by half
year periods.
One of the characteristics of the aircraft industry is the
long lead time involved in production. A consequence of
this is that in the short-run new orders and sales are less
closely related than in most other industries.
Order picture of producers
Major Hard Goods and
Research and Development
1953
54
55
56
57
Note.- Excludes M.A.P.
U. S. Department of Commerce, Office of Business Economics
58
59
60
Data.- Defense Dept.
5 9 - 1 1 -9
Total defense obligations for military functions are given
by quarters in the accompanying chart. These turned upward following the decline in 1957 and have remained high
through the first half of this year. During the fiscal year
that began in July, obligations are expected to average a
bit lower. Major hard goods, including research and development, make up about 40 percent of obligations and
account for relatively more of the year-to-year change.
In recent years major shifts have occurred in the kinds of
products comprising hard goods, A considerable decrease
in purchases of motor vehicles, ammunition, and productive
facilities occurred a few years ago, as indicated by the trend
in expenditures on other hard goods shown in the accompanying chart. Such expenditures are currently rather
stable.
Expenditures on aircraft and missiles exhibit a different
pattern. Between fiscal 1954 and 1959, aircraft purchases
During the past decade, the order picture for aircraft
producers has been dominated by two waves of heavy ordering. These are reflected in the backlog of orders, as shown
in the lower part of the double-panel chart. During each
of these periods new orders were substantially higher than
sales, and backlogs rose to more than l1/^ years of sales at
the existing rate.
New orders and backlogs rose strongly during 1956; although they never quite reached the earlier high point, new
commercial jets and other products, including missiles,
broadened the product base and provided some diversity in
the output of the industry. Since 1956 total orders have
been at a lower rate than sales, and the backlog has declined.
Net new orders—semiannual data
(Millions of dollars)
First half
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
.
___
_
_ _
Second half
587
1,076
6, 923
1,101
3,24C
4,177
4,497
5,498
2,663
6, 98£
2,112
3,64f
3,416
5,663
3,639
5,906,47*
4,30*
4,915
5,098
5,08(
SURVEY OF CURRENT BUSINESS
November 1959
The downward trend of employment in the aircraft industry since the peak in 1957 is traced in the accompanying
text table.
the routes on which they have been available. They have
been traffic builders and have shown a low cost per passenger-mile.
Commercial jet deliveries
Missiles and research rising
Sales of civilian aircraft have recently moved upward
following a decline beginning in 1957 and extending through
the third quarter of 1958. The backlog has remained high.
In terms of numbers, most of the civilian planes produced
are small craft—more than 90 percent are less than 3,000
pounds airframe weight. In value terms, however, the
large planes account for more than four-fifths of sales. The
jet commercial planes have made an outstanding record on
There as been a pronounced upward trend in sales of the
other products of aircraft producers. The "other" group
includes research and development and missiles.
One of the characteristic features of the aircraft industry
is the emphasis upon research and development. Since
criteria have not been fully standardized for distinguishing
such activity from other operations, estimates of the dollar
value of such work have inherently an imprecise character.
It is a major fact, however, that research and development
projects of the Department of Defense are of growing importance, and a sizable portion of such work is being performed by the aircraft industry.
In the past 3 years Department of Defense obligations for
research and development have shown a substantial increase.
Much of the rise has been for missile work. Aircraft and
missiles now account for well over half of research and
development budget obligations. In fiscal year 1959 around
$5 billion of contracts were awarded to private industry by
the Department of Defense for research and development.
Obligations for 1960 are expected to be somewhat higher
Sales and Orders of
Aircraft Producers
Billion Dollars
15
NET SALES
Half Years at Annual Rate
3rd qtr. est.
Total Employment in Aircraft and Parts Industry
Tofaf
[Thousands]
10
Monthly
average for
year
1956
1957
1958
_
_._
I
II
III
809.3
773.2
784.6
820.9
858.4
861.7
885.8
890.4
870.1
800.4
757.6
758.6
749.4
756.7
765.9
755.7
741.6
732.8
1959
IV
than last year, and again probably about half of the Government contracts will go to the aircraft industry.
Growth in the importance of research and development is
reflected in shifts in the type of workers employed. Granting
again the problem of classification, the percentage of production workers to all employees as reported by the Bureau
of Labor Statistics has dropped steadily since 1953. In the
first half of 1959, some three-fifths of aircraft employees
were identified as production workers. Although a relative
decline in production workers is a phenomenon common to
manufacturing as a whole, that for the aircraft industry is
well above average.
BACKLOG OF ORDERS
20
Monthly average for quarter
At End of Period
15
Other industries important
10
Companies other than those classified in the aircraft industry also have large commitments involving the development and production of systems built around unmanned
aircraft. The relative role taken by each of the industries
can be appraised roughly on the basis
of an employment
study by the Department of Labor.1
Civilian Planes
.
1951
1
.
1
,
53
1
.
1
.
55
1
Other, Incl. Missiles
. 1 , 1 , 1 . 1
57
59
Data: Census Bur.
U. S. Department of Commerce, Office of Business Economics *
59-11-10
i The making of missiles and parts has not been classified as a distinct
industry. Thus, available data on an industry basis do not provide the figures
necessary for analysis of all missile activity. This study presents the results
of a special
inter-industry survey of producers) holding Defense Department
contracts1; in addition, all aircraft companies employing more than 200 persons
were included whether or not they were listed as having contracts. Thus, it
does not cover all establishments producing components destined for use in
missile systems. On the other hand, even complete coverage would not have
resulted in a body of economic data comparable with industry statistics. This
follows because missile components do not represent the primary product of
many establishments reporting missile activity.
SURVEY OF CURRENT BUSINESS
6
An estimated 350,000 persons were engaged in developing
and producing missile systems in the second quarter of 1959.
This represented a rise of more than 100,000 persons in a
year and a half.
Based on detailed data for October 1958, about 40 percent
of the personnel engaged in missile activity are employed in
the aircraft industry. Compared with year-earlier figures,
the percentage was tending upward. The two industries,
ordinance and electrical machinery, each accounted for
Major Defense Hard Goods
Fiscal Year Totals, 1951-60
Billion Dollars
20
November 1959
same 1958 period, or substantially more than the advance in
expenditures.
This group embraces certain categories which have exhibited considerable cyclical fluctuation, such as industrial
and railroad construction, and others where growth trends
have been strong and counter-cyclical behavior in the postwar period has been evident, such as the utilities, and commercial and institutional construction. Because the changes
have been largely offsetting, the combined private iionresidential total has shown relatively small year-to-year fluctuations in most of the postwar period.
Over the past year as well, divergent movements in the
major components account for the modest increase that has
occurred so far. Industrial construction did not reach its
recent cyclical low until the second quarter of this year.
Public utilities moved up from the third quarter of 1958 to
the first quarter of 1959 but have been declining since, while
commercial construction has advanced this year.
Industrial and Other Construction
15
10
1951
® Fiscal I960 estimate
Data: Defense Dept
U. S. Department of Commerce, Office of Business Economics
59 - I I -II
another 20 percent of missile-related employment. The
remaining workers were widely dispersed among other manufacturing and nonmanufacturing industries.
In none of the industries did missile-related employees
represent more than half the workers, although that proportion was approached in the ordinance group. In aircraft
17 out of 100 employees were working on missiles in October
1958. The relative number in communications equipment,
a subgroup of the electrical machinery industry, appears
somewhat less.
RISE IN NONRESIDENTIAL
CONSTRUCTION DEMAND
Construction expenditures for commercial and industrial
properties have been rising steadily this year and reached a
seasonally adjusted annual rate of more than $16 billion in
the third quarter. This was 4 percent higher than in the
corresponding 1958 period and lower than the 1957 third
quarter peak by a similar amount. Some falling off in
seasonally adjusted outlays was evident in September related
at least in part to the steel strike. Aside from this, however,
the figures on contract awards suggest a rising trend. In the
first 9 months of this year the dollar value of private awards
other than residential was some 15 percent above that in the
The seasonally adjusted rise in industrial construction that
began in the second quarter of this year marked the end of a
2-year decline. The 50-percent decrease over this period was
more than twice as great as the one that followed the Korean
buildup but was apparently less severe than the early postwar downturn in plant construction. It is of interest to note,
however, that the current lag in plant construction—about
one year after the low in industrial production—was much
longer than in the two earlier recoveries, which saw seasonally adjusted outlays for new plant turn around almost
simultaneously with the cyclical reversal in production. The
substantially increased capacity base now as compared with
the earlier periods is the chief reason for the slower recovery
in the most recent period.
Public utilities have exhibited a rather erratic pattern
since reaching a top in the final quarter of 1957. Seasonally
adjusted activity eased off to the third quarter of last year,
picked up for two quarters but has been falling since early
this year. Construction by the railroads and communications companies has risen slightly in 1959 but that of electric
and gas utilities has been slightly lower than in 1958. The
electric utilities have recently embarked on a new round of
capacity expansion so that outlays in this group may be
expected to move up as this program develops.
Most other types of private nonresidential construction
registered large increases from 1957 to 1958. This year has
seen divergent movements, by type of building; for the first
9 months of 1959 the combined total has increased 5 percent
over the same period last year.
The largest increase—more than 30 percent—was in social
and recreational buildings, a category that includes commercial types like bowling alleys as well as quasi-public community buildings. Outlays for religious buildings, which
changed little from 1957 to 1958, are running 10 percent above
those in 1958 and are approaching a record total of $1 billion
a year. Educational buildings and hospitals and institutional structures are running about 6 percent below 1958.
The real volume of school buildings, it may be noted, has
changed comparatively little since 1954. The dip in hospital
construction that is showing up this year is probably quite
temporary in view of the recently stepped-up appropriations
under the Federal-aid program.
Commercial building paces rise
A distinguishing characteristic of investment in commercial facilities in the last two recessions has been its contracyclical behavior. Outlays for this group were essentially
SUKVEY OF CUR-BENT BUSINESS
November 1959
unchanged between 1957 and 1958, and proved to be an important element of stability in a period when nonfarm business plant and equipment expenditures declined $6% billion.
Similarly, from 1953 to 1954, commercial construction outlays increased almost 25 percent, in contrast with a 5-percent
decrease in business capital outlays.
The recovery in investment this year has been accompanied
by a very marked advance in the commercial field. Outlays
rose to a seasonally adjusted annual rate of $4 billion in the
New Private Nonresidential Construction
Million $
1,500
Public Utilities
Commercial
1,000
tion outlays has been the commercial development of the
surburban localities that has accompanied the shift of population and new homes to the outlying areas.
There are several longer run factors which are favorable
for this type of commercial construction even though the
recent easing in homebuilding must be considered a dampening influence. The real volume of retail sales and services in
the postwar years has been undergoing a fairly steady growth.
Modernization needs for outlets in downtown areas are still
large and stores, such as food and drug chains, continue to
consolidate, modernize, and expand small units in older
neighborhoods. The population growth has been increasing
at a steady rate and there is no evidence of any abatement in
the movement to outlying areas.
Data recently collected in the 1958 Census of Business point
to an increasing absolute and relative amount of retail business being transacted in stores outside the central cities of
metropolitan areas. This may be seen in the table below,
which compares, for Census years, retail sales trends for the
central city and the non-central city portion of 20 of the
largest 25 metropolitan areas for which matched data were
readily available. In 1954, these 20 areas accounted for some
50 percent of retail sales in all metropolitan areas as defined
by the Census Bureau.
Percent Increases in Retail Sales in 20 Large Metropolitan Areas
500
Other Nonfarm
1939 to
1948
•—
1948 to
1954
1954 to
1958
Industrial
Central city areas
Non-central city areas
1957
1958
1959
1957
I . . .
1958 1959
Quarterly Totals, Seasonally Adjusted
Data: B D S A 8 Census Bur,
U, S. Department of Commerce, Office of Business Economics
59-11-7
third quarter of 1959, up some 15 percent over the fourth
quarter of 1958. For the first 9 months of 1959 dollar volume
increased almost 10 percent over last year. The third quarter
established a new record in current dollars, although in real
terms it was about 3 percent below the first quarter of 195(5.
Recent months have seen an edging off from the peaks of this
summer; activity in September, after seasonal adjustment,
was about 6 percent lower.
Retail store expansion
Outlays for stores moved counter to the general trend over
much of the 1956-57 capital goods boom. Seasonally adjusted these peaked as early as the first quarter of 1956 and
declined thereafter for eight successive quarters, to a point
one-third below the high. The upturn in activity that began
in the first quarter of 1958 continued into the third quarter
of this year, so that outlays were within a few percent of the
early 1956 peak, although after adjustment for increased construction costs they might still be as much as 15 percent lower.
Store construction activity appears to be fairly closely
associated with movements in residential construction, as
may be seen in the chart on page 8. Indeed, over much of
the postwar period the major turning points in the two series
show a close relationship, with perhaps a short lag of store
building behind residential building. This near-coincidence
reflects the fact that the major force behind store construc
172
215
19
60
6
26
It is also of interest that the proportion of new store construction that is taking place in suburban as compared with
central city areas
is much higher than the proportion of retail
sales which wrere made in the suburbs in 1958. This comparison suggests a further increase in the share of retail sales
that will be transacted outside of central city areas, although
the more extensive facilities of downtown shopping districts
still hold strong attraction for consumers.
Gaged by past experience store construction in recent years
does not appear to be high in relation to the volume of
homebuilding that has occurred, although the record goes
back only to 1920. The table on page 8, which presents deflated expenditures on residential and store construction for
5-year periods since 1920, and the ratio of the latter to the
former, shows that the ratio in the 1955-59 period is still well
below those of the 1920's. The ratios for the twenties, of
course, are very likely on the high side in view of the broad
economic downturn that started in late 1929.
Office Buildings and Warehouses
Construction expenditures for office buildings and warehouses reached record highs in both current dollars and real
terms in the first half of 1958 following an advance that
lasted for 5 years. Since then outlays have been quite high
but have so far not come back to the earlier peak. Seasonally
adjusted expenditures declined moderately in the third and
fourth quarters of 1958, reflecting a lower volume of new
projects initiated earlier in the recession. The effects of the
recession were short-lived, however, since outlays picked up
again in the first quarter and continued to advance a little
until midsummer of this year.
An examination of postwar expenditures for this type of
construction reveals two main points: first, expenditures
SURVEY OF CURRENT BUSINESS
8
have shown a fairly steady upward trend over the entire
period. Outlays dipped only slightly in the 1949 recession
and not at all in 1954; the large 1952 decline was the result of
Government restrictions during the Korean period. Second,
activity in the past 5 years has been unusually strong. Real
outlays in the past 5 years, for example, were more than
double those made in the 1950-54 period.
In the case of office buildings the general rise of outlays
reflects the expanding needs for office space that has accom-
New Construction
Residential Structures and Stores
Billion Dollars (ratio scale)
November 1950
Table 3.—Ratio of Store to Residential Construction Expenditures,
Five-Year Periods, 1920-59
Construction expenditures (billions of
1947-49 dollars)
Store
Ratio of
store to
residential
expenditures
Residential (Percent)
1920-24. ..
1925-29
._ __
1930-34
1935-39 ._
_
3.9
7.0
2.1
2.4
34.9
51.1
12.2
19.9
11.1
13.6
17.0
12.2
1940-44
1945-49
1950-54. _. ___
1955-59 i
1.5
3.6
3.9
6.3
18.0
35.0
58.7
71.7
8.3
10.4
. .
S.8
1. Data for 1959 are based on the seasonally adjusted annual rate in the first 9 months.
Sources: U.S. Department of Labor and U.S. Department of Commerce.
10.0
8.0
Residential Building
(nonfarm)
6.0
4.0
2.0
1.0
.8
Stores, Restaurants,
ana* Garages
,6
.4
.2
.1
I I 1 I I 1I I 1I I I 1 I I I 1 I I I I I I I I I I I I I I I 1 I I I I I I I I I I I 1I I I I I I 1I IM
1948
50
52
54
56
58
60
Quarterly Totals, Seasonally Adjusted
D a t a : BLS, B D S A , 9 Census Bur.
U. S. Department of Commerce, Office of Business Economics
59-11 "8
panied the trend of employment of professional, office, and
kindred workers. Employment of white collar personnel
has been increasing much more than total employment. As
in the case of store construction this growth has also spread
into new suburban areas, although in contrast with store
construction, office buildings are still predominantly a central city phenomenon.
The acceleration in office building construction in the past
5 years is probably attributable in part to the liberalization
of the depreciation provisions under the Revenue Act of
1954. By permitting rapid depreciation in the early years,
the ability of investors to recapture a major part of their
equity in a relatively short time has been greatly increased—
a consideration which is of particular importance in the real
estate industry where borrowed funds are the main source of
financing.
The recent increase in interest rates may be acting as an
unfavorable influence on this type of construction at the
present time. Vacancy rates, however, while higher than
they were 10 years ago, are still relatively low and the demand for the most modern facilities is still very strong.
The new trend toward the automation of office work, while
probably space-saving on balance, is still quite limited in its
scope.
National Income and Product
In the Third Quarter
(jROSS national product was off in value and in volume
in the third quarter of 1959, as manufacturers' inventories of
materials were drawn down and the upsurge of final demand
slackened. The value total, amounting to an annual rate of
$4781/^> billion, compares with $484% billion in the second
quarter and $470 billion in the first. Prices continued their
slightly rising movement during the quarter.
The dip in'GNP since midyear has reflected mainly the
loss of production in steel and related lines. With demand
from final purchasers again higher, inventories in these lines
were reduced below the totals reached in the spring buildup.
Despite the production setback—the first in a year and a
half—most of the ground that
had been gained in the cyclical
upswing through midyear wTas held. Real gross product in
the third quarter was nearly 9 percent higher than at the
cyclical low of the first quarter of 1958.
The distortions associated with the steel strike were reflected in GNP mainly through the inventory-change component. The basic situation may be seen more clearly in the
record of final purchases, which excludes this component.
The current volume of demand—both combined and in
each instance—for residential
construction, consumption and
from government is wrell above the 1957 prerecession quarter.
Business fixed investment, sharing incompletely in the
recovery so far, has not yet regained the position it held before the 1957-58 contraction.
Net exports are likewise lower than before the recession,
even when allowance is made for the Suez crisis and other
special factors that temporarily raised the balance in 1956-57.
Our exports have remained substantially below the prerecession peak while imports have advanced strongly since
that time. The adverse trend in our balance of international
payments has been reviewed in earlier issues of the SURVEY
and will again be discussed in next month's issue.
The principal market developments of the third quarter
are summarized with this record for background in the following table. There has been a leveling off in purchases
of consumer goods and in residential construction. Business demand for capital equipment was stepped up somewhat. Exports also moved up, registering a somewhat
greater improvement than in the second quarter when a
limited upturn had occurred. Net payments to foreign
countries during the third quarter remained about as high
as earlier in the year, which suggests that the rise in receipts from exports was offset in the balance of payments
by unilateral transfers or capital transactions.
These developments together led to a $5^ billion advance
in the current-dollar annual rate of final purchases. This
compares with increases ranging from $7 to $10 billion in
the preceding four quarters.
The specific forms the slowdown took are noted in the following pages. The simultaneous arrest of expansion in
several demand components just at this time was partly forDigitized for529257°—59FRASER
tuitous. It is important, however, to recognize certain
more pervasive factors in the general situation. The steel
and other strikes had an important effect on demand through
the loss in income, unemployment, and extensive uncertainty
they caused; moreover, anticipatory buying had afforded a
special stimulus to production and income in the spring
quarter, the removal of which tended in itself to slow the
pace of the economic expansion.
Aside from these effects of the strike, past experience indicates that final demand would naturally tend to rise less
rapidly at the stage of the business cycle we have now
reached.
Consumer Spending for
Major Commodities
Billio n Dollars
M
30
Durable Goods
(excl. autos)
20
10
^.
_ -^
vv
^+^**
^^
Autos
t
f
1 1
1
80
'**
/
!
I
i 1
1
1
!
1 f
y,.
,.-•"',„,'""'
70
^
65
~-
—
-x^
30
Apparel
20
\
1955
\
56
\
57
\ \
58
i i i 1 I \ \
1958* 1959*
^Quarterly totals, seasonally adjusted, of annual rates
U. S. Department of Commerce, Office of Business Economics
59-11-4
SURVEY OF CURRENT BUSINESS
10
Trends in "Real" Final Purchases
(Indexes, seasonally adj., 3rd qtr. 1957 = 100)
Total
195 -)
19 58
19 57
IV
III
IV
I
II
III
I
II
99 0 100 4 101 7 103 6 104 1
III
100 0
99 1
97 4
97.6
Consumer spending and residential construction
100. 0
99.5
98.5
99.3 101. 0 102.7 104. 6 107.0 107.0
Government purchases
100. 0 100.7 102.7 104. 3 105. 9 108.5 109. 1 109.3 108. 7
Business fixed investment
100. 0
96.1
100.0
93.9
86.7
82.2
81.0
82.2
83.9
87.2
89. 0
85. 0
86.2
90.3
87.9
S3. 0
85.
0
. V.
93.5
Net exports:
Exports
Imports
_
.
100. 0 100. 5
97.1 101.9 104.8 111.1 111.5 118.3 120.2
The third-quarter shifts in the national markets have cut
across type-of-product and industry lines. In hard goods,
the movements of producer and consumer items have been
partly offsetting; the same is true of residential and nonresidential construction. As a result, the summer advance
in national income and product outside the strike-affected
areas, though limited in size, has apparently been widely
shared among the Nation's major industries.
THE CONSUMER MARKET
Personal consumption expenditures in the third quarter
were at an annual rate above $313 billion. The increase from
the second quarter amounted to $2 billion, compared with a
$7i/2 billion jump in the spring and advances of $3i/2 billion
to $5 billion in other quarters during the business upswing.
The slowing of expansion in the consumer market came as
an extended advance in disposable income was checked after
midyear.
The third-quarter rise in total consumer outlays stemmed
from the continuing uptrend in service expenditures. Purchases of durable and nondurable consumer commodities,
many of which had recorded sharp gains in the spring and
were at record or near-record levels by midyear, have since
shown a mixture of minor increases and decreases.
Among the major durables, both autos and household
goods reflected the pattern of marked rise through the spring
and little overall change in value or volume in the summer.
Third-quarter sales of new cars were affected by a greater
than seasonal decline in demand in September prior to the
introduction of the new models, and by the looming supply
difficulties which made liquidation of stocks of 1959 models
of less concern than it would otherwise have been. The dip
in sales was more than made good in October after the 1960
cars came on the market. There was a strong initial demand
for these when they became available. But production was
sharply curtailed before month end and this meant, of course,
a slackening of the flow of cars to dealers.
Spending for nondurables was at a $148 billion annual
rate in the third quarter. This was about the same as during
the second quarter, and nearly $3 billion above the opening
quarter of the year. The advance last spring was one of the
largest recorded in any quarter for several years. It featured
increases on the order of $1 billion in food and in apparel,
which were not repeated in the third quarter, as well as
scattered gains elsewhere which continued during the
summer.
Outlays for food, which make up more than one-half the
nondurables total, had been rising for several quarters
despite some price easing. The real volume of food con-
November
sumption increased accordingly, after having declined
slightly from 1957 to 1958. No significant change is indicated to have taken place in the summer quarter.
For purchases of apparel, as for household durables, the
upsurge last spring and leveling off in the summer followed
a half-year of relative stability in the value and volume of
sales.
INVESTMENT DEMAND
Investment components of the GNP have followed diverse
movements. The year-long advance in residential construction was checked in the summer quarter of 1959 after having
reached an all-time peak more than one-third above the low
of early 1958. At $22i/2 billion, the outlay was fractionally
under last spring but well beyond previous highs.
The course of new dwelling unit "starts" and of total
expenditures during the recent business upswing has been
similar to that of 1954-55. (See chart.) In each case a
period of relatively easy financing occurred early in the
general business recovery,r and in this phase of the upswing
activity rose rapidly tow ard historic highs. The advanced
rate of "starts" was maintained for approximately three
quarters, in the face of mounting competition for funds.
It fell off thereafter, however, in the summer of 1959 as it
had four years earlier under similar circumstances of tightened credit.
This pattern in the course of building activity relative
to the business cycle reflects not only the dependence of
residential demand on the availability of mortgage credit
Residential Construction Activity
In Two Business Swings
Millions
1.6
STARTS
1.4
1.2
1957-59
1.0
J
L
Billion Dollars
25
VALUE OF
i
I
1
I
I
I
t
CONSTRUCTION
20
15
?953-55
10
Quarterly Totals, Seasonally Adjusted, at Annual Rates
Data; BLS.BDSA.a CensusBur.
U. S. Department of Commerce, Office of Business Economics
59-11-5
SURVEY OF CURRENT BUSINESS
November 1959
11
Table 1.—Gross National Product or Expenditure, Seasonally
Adjusted Quarterly Totals at Annual Rates, 1957-58, and First
Three Quarters 1959*
Table 2.—Gross National Product or Expenditure, Seasonally
Adjusted Quarterly Totals at Annual Rates, in Constant Dollars,
1957-58, and First Three Quarters 1959*
[Billions of dollars]
[Billions of 1954 dollars]
1957
1958
1958
I
Gross national product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
_ _ _
I
III
II
IV
I
II
III
270 8 273 3 268.7 271 1 275.0 278.4 282.3 288 3 288 8
40.3 37.6 36 9 36 7 37 1 39 8 41 3 44 1 43 6
137.7 141.9 139.5 141.5 143. 1 143.6 145.3 147.7 148.0
106.7 113.4 111.0 112 7 114 2 115 7 117 4 119 4 121 6
54.9
52.4
51.3
54 2
61 3
69 8
77 5
67.0
36. 1 35 8
35 5
34 6
35 4
37 3 39 7
41 0
41 0
17.0
19.0
18 0
17.7
17 1
18.4
16 9
17.7
18 0
17.4
19 9
17.4
21 9
17.8
23 1 22 6
17.9 18.3
28.5
22.9
23.8
22.6
22 2
23.2
23 9
26.0
66.6
2.0 —3.8 —6 9 —5 8 —3 4
1.2 -4.9
Nontarm
Net exports of goods and services (GNP basis)
State and local
III
284.8 293.0 287.3 290.9 294 4 299.1 303 9 311.2 313 3
Change in business inventories
N ational defense
Other
Less : G o vernment sales
II
408.3 399.0 391.0 393.1 400.9 410.8 420.6 431.8 424.3
Producers' durable equipment
_ __ __
I
1959
Gross national product
Residential nonfarm
Other-.
Federal
IV
19 58
1958
Personal consumption expenditures
New construction
Government purchases of goods
and services
III
1957
442.5 441.7 431.0 434.5 444.0 457.1 470.2 484.5 478.6
Gross private domestic investment
Exports _
Imports
II
1959
—8 1 —7 0 —4 5
27.0
10.4 — 1.0
9.8 —1.8
Net exports of goods and services (GNP basis)
Government purchases of goods
and services
.
-.9 -1.8
.0
22.3 23.1 22.7
21. 1 21 5 22 5
21.5
22 4
22.1
23.9
24.1
24. 1
86.2
92.6
89.3
91.1 93.8
96.5
97.4
97.7
98.4
49.4
52.2
50.1
51.3
53.1
54.2
53.8
53.9
53.6
44.3 44.5 45.3 45.8 46.2
7.5 8.9 9.4 8.3 8.0
.3
.6
.5
.3
.3
45.9
8. 1
.4
42 2
44.8
36.8
40 5 39 2 39.7
40 8
Producers' durable equipment _
_-_
Change in business inventories . -_
.
Nonfarm
54
2.0
44.3 44.5 44.0
5.5 8.1 6.6
.5
.5
.4
New construction
Residential nonfarm
Other
61
22.2
20.2
1.6
Gross private domestic investment
.8
1.2
1.2
38 5 35 7 35 2 35 0 35 3 37 5 38 8 41 2 40 6
132 6 133.7 131.3 132.7 135.3 135.6 137.3 139.7 139.4
99 8 103 8 102 2 103 4 104.4 105 3 106 2 107 4 108 8
— 1
26.2 22.6
21.3 21.3
4.9
Durable goods
Nondurable goods
Services
.2
43 6
43.8
*For back data see Table 1-3 in the July 1959 Survey and, for years prior to 1956, in U.S.
INCOME AND OUTPUT.
but also the special sensitivity of the latter to changes in
general credit conditions.
The contraction in residential building 4 years ago, like
the advance which preceded it, had been largely confined to
activity under Government insurance or guarantee. The rise
of 1958-59 was concentrated to a much lesser degree in such
Government-backed housing, and the decline last summer
was apparently no more pronounced in FHA and VA than
in conventional starts. Applications for Federal backing,
which have generally led the movement of "starts" in this
category, have tapered more than seasonally since midyear.
The decline is still apparent after allowance is made for the
distortion due to a bulge in FHA applications just before
the July 1 effective date of that agency's new minimum
property standards.
Federal
State and local
__
58 5
47 3
45 0
44 2
46 6
53 0
59 7
65 7
56 4
31 9
15 4
16.5
31 5
16 2
15.2
31 3
15.4
15.9
30 5
15.3
15.1
31 2
16.3
15.0
32 6
17.8
14.8
34 3
19.3
15.0
35 1
20 2
14.9
34 9
19 7
15.2
24.6
19 3
20.1
19.0
18.6
19.3
19.8
21.3
22.1
2.0 -3.5 -6.4 -5.3 -3.2
1 1 —4 4 —7.2 —6. 1 -4.2
1.1
.0
5.6
4.7
3.8
.0
As in other recent periods, the larger part of the summer
increase in business fixed investment demand was in equipment, but a rise was also scheduled in industrial and other
nonresidential construction activity.
Total capital outlays are up about one-tenth in real terms
from their mid-1958 low, though still under the prerecession
peak by a similar fraction. In current-dollar terms a somewhat larger measure of recovery has been achieved, owing to
the advance of prices.
The pattern of change at midyear tended with few exceptions to mirror in reverse that of the 1957-58 downswing,
which had centered in manufacturing, mining and railroads
and had a more limited impact on the utilities.
.5 -1.4
-2.7
-3.5 -1.9
75.1
78.4
76.5
77.7
78.9
80.8
81.3
81.4
81.0
42.8
32 3
44. 1
34 4
42.8
33.7
43.9
33.8
44.3
34.6
45.2
35 5
44.9
36.4
45.0
36 4
44. 1
36 9
*For back data see Table 1-5 in the July 1959 Survey and, for years prior to 1956, in U.S.
INCOME AND OUTPUT.
The course of demand for business plant and equipment
last summer appears to have been relatively little influenced
by the current stringency in financial conditions. For corporate business as a whole, internal funds becoming available
during the quarter were less than last spring but in line with
most other recent quarters; the total of funds needed for the
financing of fixed capital investment and inventory-building
dropped as inventories were reduced.
Inventory liquidation in metals
Curtailed by work stoppages, national output fell short of
final purchases in the summer quarter, as business inventories
were drawn down. This movement was a sharp reversal of
the spring inventory buildup. Most of the swing occurred
in metal and metal-products manufacturing, which was afTable 3.—Personal Consumption Expenditures by Major Type,
Seasonally Adjusted Quarterly Totals at Annual Rates, 1957-58
and First Three Quarters 1959*
[Billions of dollars]
1957
1958
1959
1958
I
Business fixed investment
.1
.8
9.2 -.6
8.6 — 1 4
II
III
IV
I
II
III
Goods and services, total... 284.8 293.0 287.3 290.9 294.4 299.1 303.9 311.2 313. 3
Durable goods, total
Automobiles and parts _ __
Furniture and household
equipment
Other
40.3
17.0
37.6
14.0
36.9
13.5
36.7
13.6
37.1
13.2
39.8
15.7
41.3
17.2
44.1
18.8
43.6
18.2
17.4
5.8
17.4
6.2
17.2
6.1
17.0
6.1
17.6
6.3
17.8
6.3
17.7
6.4
18.8
6.4
18.9
6.5
Nondurable goods, total _ _
Food and beverages
Clothing and shoes
_
Gasoline and oil
Other
137.7 141.9 139.5 141.5 143.1 143.6 145.3 147.7 148.0
74.3 76.6 75.8 77.0 76.6 77.0 77.8 79.0 78.8
25.4 26.1 25.3 25.7 26.7 26.6 26.7 27.8 27.8
10.4 10.5 10.3 10.4 10.7 10.7 11.0 11.1 11. 3
27.6 28.7 28.1 28.3 29.1 29.3 29.8 29.8 30.1
Services, total
Housing
- -Household operation
Transportation
Other
106.7 113.4 111.0 112.7 114.2 115.7 117.4 119.4 121.6
35.2 38.0 37.0 37.7 38.4 39.0 39,6 40.3 41.0
15.8 16.9 16.5 16.8 17.0 17.2 17.3 17.6 17.8
9.2
9.5
9.1
9.3
8.9
8.9
9.3
9.0
9.1
46.8 49.4 48.6 49.2 49.7 50.3 51.1 52.1 53.4
*For back data see Table II-6 in the July 1959 Survey and, for years prior to 1956, in U.S.
INCOME AND OUTPUT.
SUKVEY OF CURRENT BUSINESS
12
f ected by a protracted strike in copper as well as by the steel
tieup.
The net change in industry inventories does not fully reflect the extent to which the buildup of steel holdings has
been reversed, since a given amount of steel passing though
the production process accumulates additional value as more
work is done on it. Also important in evaluating the current
situation is the tendency for imbalances to have developed in
the composition and distribution of the existing stock.
The changes in manufacturing sales and inventories are
discussed elsewhere in this issue.
Contributing substantially to the swing in inventories was
the movement of auto dealers' stocks. Since final demand
held more or less even from the second quarter to the third,
distributors' holdings mirrored the course of production. A
somewhat greater than seasonal advance occurred prior to
midyear. This was followed by a decline, as output fell in
the third quarter with the earlier-than-usual changeover to
the new models. In most other lines, moderate inventory
accumulation continued past midyear.
GOVERNMENT PURCHASES
Government purchases of goods and services rose slightly
in the summer quarter to an annual rate of $98^ billion.
The increase, like those in the first half of the year, reflected
the movement of State and local spending, which continued
a series of quarterly advances that has been uninterrupted
for several years. Due primarily to this expansion, the government total has moved up about one-twelfth in physical
volume since mid-1957. Federal buying declined in real
terms during most of 1957 but rose gradually throughout
1958, more than canceling the earlier contraction. It has
been comparatively stable this year.
The third-quarter increase in State and local purchases
centered in wage and salary payments, both the number of
employees and average pay rates having increased in line
with recent trends. Highway and other construction, which
have contributed substantially to the growth of State and
local expenditures in recent years, were reported not much
changed from first half rates.
Federal purchases in the summer quarter dipped slightly
below the $54 billion annual rate that had been approximately
maintained since before the turn of the year. Farm price
support buying, which had been an important factor in the
rise during 1958, has been declining so far this year on a
seasonally adjusted basis. National defense spending has
shown little change in recent quarters, expansion in the missile program offsetting the decline in conventional aircraft.
A modest surplus on Government income and product
account was recorded for the spring quarter, as the continued
increase from recession lows in corporate profits tax accruals
and other Federal receipts reversed the previous deficit
position. Due mainly to the impact of the steel strike on
earnings for the summer quarter, the annual rate of corporate
profits for the first 9 months of the year has probably fallen
somewhat short of the tax base assumed in the annual budget
review (See page 3 of the October SURVEY) . Results for the
full year will depend on the extent to which the adverse
effects of the strike on earnings extend into the autumn
quarter.
NATIONAL INCOME
National income has moved parallel with output. The
spring bulge in labor and property earnings from primary
metals production was wiped out after midyear. In other
areas, expansion of employment and average earnings slowed.
November 1959
Table 4.—-Government Receipts and Expenditures, Seasonally
Adjusted Quarterly Totals at Annual Rates, 1957-58 and First
Three Quarters 1959*
[Billions of dollars]
1957
1959
19 58
1958
I
II
III
IV
I
II
III
81.9
78.4
75.2
76.1
79.3
83.0
86.5
91.3
(!)
37 4
20.1
36 7
17.3
36 2
14.9
36 3
15.7
37 1
17.9
37 4
20.8
38 2
21.6
39 5
24.4
39 5
0)
12 2
11 9
11 8
12 0
11 7
12 1
12 2
12 4
12 7
12 2
12 5
12 3
12 2
12 6
12 7
14 6
14 9
15.0
Federal Government expenditures
79 5
87 4
83 2
87 0
89 3
90 8
90 5
90 9
91.0
Purchases of goods and services
Transfer payments
_ _ _
To persons
Foreign (net)
49 4
17 4
15 9
1.5
52 2
21 2
19 9
1.3
50 1
19 5
18 3
1.2
51 3
21 6
20 3
1.3
53 1
22 1
20 9
1.2
54 2
21 9
20 4
1.5
53 8
21 4
19 9
1.5
53 9
21 5
20 1
1.4
53 6
21 6
20 1
1.5
Grants-in-aid to State and
local governments
Net interest paid_.
Subsidies less current surplus
of government enter prises. ._
4 1
56
54
55
4 8
57
53
56
55
55
60
5. 5
6 5
5.6
6 6
59
6 6
6.2
3.0
3.1
3.1
3.1
3.2
3. 2
3.1
3.0
2.9
2 4 -9.1 -8.0 -10.9 -10.1 -7.8 -3.9
.4
(i)
(i)
Federal Government receipts. - Personal tax and nontax receipts
Corporate profits tax accruals Indirect business tax and nontax accruals
Contributions for social insurance
Surplus or deficit (— ) on
income and product account
State and local government
receipts
Personal tax and nontax receipts
Corporate profits tax accruals.
Indirect business tax and nontax accruals
_ _ _ _
Contributions for social insurance
- - Federal grants-in-aid
State and local government
expenditures
Purchases of goods and services
_ Transfer payments to personsNet interest paid ..
Less: Current surplus of govment enterprises
Surplus or deficit (— ) on
income and product account
38 7
41 9
40 3
41.4
42.4
43.7
45.2
46.4
5 4
1.0
58
.9
57
.7
58
.8
59
.9
60
1.0
6 2
1.1
6 3
1.2
6 4
0)
25 9
27.2
26 5
26.9
27.4
27.9
28.5
29.3
29.7
2.3
4.1
2.7
5.4
2.5
4.8
2.6
5.3
2.7
5.5
2.8
6.0
2.9
6.5
3.0
6.6
3.1
6.6
39 6
43 5
42 3
42.8
43.8
45 4
46.8
46 9
47.8
36.8
4.1
.6
40.5
4.5
.6
39.2
4.5
.6
39.7
4.5
.6
40.8
4.5
.6
42.2
4.6
.7
43.6
4.8
.7
43.8
4.7
.7
44.8
4.7
.7
1.9
2.1
2.0
2.1
2.1
2.2
2.2
2.3
2.3
-1.6
-.5
-1.0
-1.6
-1.9
-1.4
-1.4 -1.7
(i)
1. Not available.
*For back data see Table III-3 in the July 1959 Survey and, for years prior to 1956, in U.S.
INCOME AND OUTPUT.
Profits data are so far fragmentary, but it is apparent that
the total was adversely influenced by third quarter developments.
The information so far available on corporate profits is
mostly confined to a relatively small number of the largest
concerns, with securities listed on national exchanges. In
some periods the experience of these companies has provided
a fairly good indication of the overall movement of profits
in their industries; under other conditions, the experience
of the large corporations has proved to be far from typical.
If the summer quarter of 1959 is one in which the large
companies are representative of the whole, it appears that
before-tax profits for the third quarter may have declined
to an annual rate not much different from that which was
recorded at the turn of the year.
The reduction in the total of major-company earnings in
the summer featured large decreases or deficits in the lines
most affected by the strike, and a leveling-off of expansion in
some other industries. The latter tendency was foreshadowed in the opening quarter of this year, when the
initial cyclical upswing of profits slowed markedly. It was
largely overcome in the spring quarter by spurts occurring
in a considerable range of industries favorably influenced by
purchasing in anticipation of the steel strike.
SURVEY OF CURRENT BUSINESS
November 1959
13
The Nation's $260 billion payroll was little changed from
the second quarter to the third, and the total of supplements
to wages and salaries was similarly stable at close to $20
billion. The largest movements reported for the quarter in
any industry outside the strike area were increases on the
order of $% billion, at annual rates, in retailing and in State
and local government.
The net earnings of nonfarm business and professional
proprietors reflected the comparatively stable character of
the distributive and service lines in which these enterprises
are most common. The total moved up about 1 percent in
the summer quarter, following a gain of more than 2 percent
Table 5.—Foreign Transactions in the National Income Accounts,
Seasonally Adjusted Quarterly Totals at Annual Rates, 1957-58
and First Three Quarters 1959*
Table 7.—Sources and Uses of Gross Saving, Seasonally Adjusted
Quarterly Totals at Annual Rates, 1957-58 and First Three
Quarters 1959*
[Billions of dollars]
f Billions of dollars]
Mixed trends of income
19 58
1957
Receipts from abroad
Exports of goods and services. _.
Payments to abroad
Imports of goods and services. ._
Net transfer payments by Government
Net foreign investment
_ _
26.2
26.2
26.2
21.3
1.5
3.5
1958
1959
1957
1958
22.6
22.6
22.6
21.3
1.3
-.1
I
II
III
IV
I
II
III
22.2
22.3
23.1
22.7
21.5
22.1
24.1
22.2
22.2
20.2
1.2
.7
23.1
22.3
23.1
22.3
21.1
21.5
22.7
22.7
22.5
21.5
21.5
22.4
22.1
22.1
23.9
24.1
24.1
24.1
1.2
1.5
1.5
1.4
15
.4 -1.3 -2.4 -3.2 -1.5
1.3
-.1
*For back data see Table IV-2 in the July 1959 Survey and, for years prior to 1956, in U.S.
INCOME AND OUTPUT.
Gross private saving. _
Personal saving
Undistributed corporate
profits
Corporate inventory valuation adjustment .
Capital consumption allowance
Excess of wage accruals over
disbursements
Government surplus on income
and product transactions
Federal
State and local
Gross investment
Table 6.—Personal Income and Its Disposition, Seasonally Adjusted Quarterly Totals at Annual Rates, 1957-58 and First
Three Quarters 1959*
Gross private domestic investment
Net foreign investment
Statistical discrepancy
1959
1958
I
II
III
IV
I
II
III
68.2
67.5
64.2
65.0
69.3
71.9
72.9
76.4
(i)
23 1
23 5
22 9
22 0
26 0
23 7
23 5
24 1
21 9
9 7
6 5
36
4 5
69
10 7
11 1
14 0
(i)
—1.5
—.4
— 9 —1 6
(i)
36.9
37.9
37.5
.0
.0
.6
— 3 —1 1
2
A
38.0
38 5
39 3
39 9
40 5
.6 —1.3
.0
.0
.0
o
-5.5
37.6
1.4 -10.7 -10.0 -12.3 -11.5
-.1
0)
2.4 -9.1 -8.0 —10.9 —10.1 -7.8 -3.9
— 1.0 —1.6 — 1 9 — 1 4
1 4 —1 7 — 1 6
.4
— 5
C1)
(1)
74.3
65 5
-9.5
70.1
54.8
53.1
51.2
54.6
66.6
3.5
54.9
-.1
52.4
.7
51 3
-.1
54 2 61 3 69 8 77 5 67 0
.4 -1.3 -2.4 -3.2 -1.5
.5 -2.1 -1.2
60.0
67.4
o
1.5 —3.3 —2 4
—2 0
(i)
[Billions of dollars]
19 58
1957
I
Personal income
Wage and salary disbursements . .
C ommodity-producing industries
Manufacturing only
Distributive industries
Service industries
Government... _ __
1. Not available.
1959
*For back data see Table V-2 in the July 1959 Survey and, for years prior to 1956, in U.S.
INCOME AND OUTPUT.
1958
II
III
IV
I
II
III
350 6 359.0 352.2 355.0 363.4 366.3 371.8 381.1 381 0
238 5 239.4 234.6 235.4 242.3 245.1 250.9 259.4 259.5
102.2
80.6
63.4
32 7
40.2
Other labor income.. _
Proprietors' income
Business and professional—.
Farm
97.8
76.7
63.8
34.6
43.2
96.3
75.8
63.4
33.7
41.2
95.8
74.9
63.1
34.3
42.2
9.1
9.3
9.3
9.3
9.3
9.4
9.7
9.9
10.1
44.5
32.7
11.8
46.6
32.4
14.2
46.1
31.6
14.6
45 9
32.0
13.9
46.8
32.6
14.2
47 4
33.2
14.1
46.9
33.7
13.2
46 6
34.5
12.1
45.1
34.8
10.3
Rental income of persons
11.5
11.8
11.7
11.8
11.9
11.9
12.0
12.0
12.0
12.5
19.5
12.4
20.4
12.7
20.2
12.6
20.3
12.6
20.5
12.0
20.8
12.8
21.3
13.0
22.0
13.4
22.7
Transfer payments
Old-age and survivors insurance benefits
State unemployment insurance benefits
Veterans' benefits
Other
21.7
26.1
24.4
26.6
27.1
26.8
26.4
26.5
26.5
7.3
8.5
7.9
8.6
8.7
8.8
9.4
10 2
10 4
1.8
4.4
8.3
3.9
4.6
9.1
3.1
4.6
8.9
4 2
4.6
9.2
4.8
4.5
9.1
4 2
4.5
9.3
2 9
4.5
9.5
22
4.5
9.6
20
4.3
9.8
Less: Personal contributions
for social insurance
6.7
7.0
6.9
6.9
7.1
7.1
8.1
8.3
8.4
Less: Personal tax and nontax
payments
Federal
State and local
42.7
37.4
5.4
42.6
36.7
5.8
41.9
36.2
5.7
42.1
36.3
5.8
42.9
37.1
5.9
43.4
37.4
6.0
44.4
38.2
6.2
45.8
39.5
6.3
45.9
39.5
6.4
Less: Personal consumption expenditures
307.9 316.5 310.3 312.9 320.4 322.9 327.4 335. 3 335.1
284.8 293.0 287.3 290.9 294.4 299.1 303.9 311.2 313.3
23.1
Equals: Personal saving
Addendum: Disposable personal income in constant
(1954) dollars
23.5
22.9
22.0
[Billions of dollars]
98.2 100.9 104.2 109.6 107.6
76.9 79.1 82.1 86.4 85.0
64.1 64.5 66.0 67.4 68.3
34.9 35.3 36.0 37.0 37.6
45.2 44.3 44.7 45.4 46.0
Dividends
Personal interest income
Equals: Disposable personal income __
Table 8.—Relation of Gross National Product, National Income,
and Personal Income, Seasonally Adjusted Quarterly Totals at
Annual Rates, 1957-58 and First Three Quarters 1959*
26.0
23.7
23.5
24.1
21.9
1958
1957
I
Gross national product
Less: Capital consumption allowances
Indirect business tax and
nontax liability
Business transfer payments._
Statistical discrepancy
Plus: Subsidies less current
surplus of government
enterprises
Equals National income _
Less: Corporate profits and inventory valuation adjustment
Contributions for social
insurance
Excess of wage accruals
over disbursements
Plus: Government
transfer
payments to persons
Net interest paid by
government
Dividends
_ .
Business transfer payments
Equals: Personal income _
1959
1958
II
III
IV
I
II
III
442 5 441 7 431 0 434 5 444 0 457 1 470 2 484 5 478 6
36.9
37.9
37 5
37.6
38 0
38 5
39 3
39 9
40 5
38.1
39.0
38 3
38.9
39 1
39 9
40 7
41.7
42 3
1.7
1.7
.0 -2.0
17
0)
1.7
1.7
1.7
1.7
1.7
1.7
.5 -2.1 -1.2 — 1.5 -3.3 -2.4
1.1
1.0
1.1
1.1
1.0
1.0
.8
.7
366.5 366.2 355 8 358 9 369 5 380.4 389 4 403 9
.6
(i)
41.7
36.7
31.5
33.8
38.0
43.5
45.5
51.0
(i)
14.6
15.1
14.8
14.8
15.3
15.5
17.5
17.9
18.1
.0
.0
.6
.0
.0
.0
.0
20.0
24.4
22.8
24.9
25.4
25.1
24.7
24.8
24.8
6 2
12.5
6 2
12.4
6 2
12.7
6.2
12.6
61
12.6
6.1
12.0
63
12.8
6.6
13.0
7 0
13.4
1.7
1.7
1.7
1.7
1.7
1.7
1.7
1.7
1.7
.6 -1.3
350.6 359.0 352.2 355.0 363.4 366.3 371.8 381.1 381.0
292.9 295. 2 290.0 291.6 299.2 300.4 304.3 310.7 308.9
*For back data see Table II-2 in the July 1959 Survey and, for years prior to 1956, in U.S.
INCOME AND OUTPUT.
1
Not available.
*For back data see Table 1-18 in the July 1959 Survey and, for years prior to 1956, in U.S.
INCOME AND OUTPUT.
SURVEY OF CURRENT BUSINESS
14
November 1959
Private payrolls
Elements in Upswing of
Total Factory Wages*
Private payrolls were off $1/2 billion from the second to
the third quarter of 1959. The drop in primary metals
manufacturing and in the transportation and mining divisions, which were also immediately affected by the steel
tieup, amounted to $3 billion at an annual rate. The bulk
of this decline was offset by the continuation of uptrends in
most other industries. Gains in trade, services, and some
hard-goods manufacturing lines, including machinery, accounted for the larger part of these latter increases.
The $2i/£-billion advance in private payrolls outside
primary metals, mining, and transportation industries compared with annual rate gains of $7 billion in the spring
quarter and $4% billion last winter. The lessened pace of
expansion since midyear has been widespread. As indicated
below, it is traceable to a slowing rise in manhours worked
and, to a lesser extent, in hourly earnings.
From 2nd Qtr. of 1958
to yearend—increases in
employment, hourly earnings,
and hours were about
equally important
Factors in payroll strength
This year—employment gains
have been of increased
importance
^Production worker payrolls in manufacturing.
primary metals group is excluded.
Strike-affected
U. S. Department of Commerce, Office of Business Economics
5
in the spring. Farm operators' income dropped again, more
than offsetting the noiifarm gain for the quarter. Interest
income of individuals continued its uptrend, and net rents
were not significantly changed.
In the earlier part of the current cyclical advance, the
largest single element in the increase of payrolls was the
continuing uptrend in average hourly earnings. The recovery in employment played a substantial part, however, and
together with some lengthening of the workweek accounted
for around half the rise in total wage and salary payments.
For hard-goods manufacturing it was the principal factor.
In the first half of 1959 expansion of manhours became
relatively more important, reflecting mainly a vigorous recovery of employment. ^ In most nondurable^ manufacturing
lines and in all the major durables, increased payments reflected sharper percentage gains in manhours than in hourly
earnings. (See chart.) Available data indicate a similar
experience in trade and contract construction.
After midyear payroll increases slowed in most durable
and nondurable manufacturing lines as wrell as in contract
construction, the utilities, trade, and service. As a rule this
stemmed primarily from a tapering of the rise in manhours,
as employment expansion lessened and the average length of
the workweek declined on a seasonally adjusted basis for the
first time in any quarter since early 1958. The tendency to
shorter hours extended throughout manufacturing, with only
scattered exceptions, and appeared in a number of other
industry divisions as well. Average hourly earnings continued their advance, though generally at a reduced pace.
Defense Expenditures AbroadMajor Item in the Balance of International Payments
'EFENSE expenditures abroad for goods and services by
the United States—an important item in our balance of
international payments—reached a peak of over $3.4 billion
in calendar year 1958 and have since declined. Disbursements during the first half of 1959 indicate that the total for
this year may be off to $3.1 billion. These amounts do not
cover the total costs of our foreign military operations,
but only that portion of expenditures received by foreign
countries.
For the past several years defense purchases abroad have
comprised a sixth of all U.S. purchases of goods and services
from foreign countries, and have been exceeded only by
private merchandise imports as a source of foreign dollar
earnings.
I )efense expenditures have been an important factor in the
extent to which Japan and certain countries in Western
Europe have added to their gold and dollar reserves. These
countries accounted for- most of the $4.3 billion rise in foreign
gold and liquid dollar assets in 1958, of which about $3.4
billion was obtained through transactions with the United
States.
Five countries received about two-thirds of the funds spent
abroad by the Defense agencies in 1958. German receipts
rose by about $200 million to more than $650 million in
1958—almost one-fifth of total U.S. defense expenditures.
Outlays in Canada were up by $160 million bringing the
total for that country to almost $450 million. Japanese
earnings of over $400 million ranked third despite the downward trend of U.S. defense expenditures there. Outlays in
France and the United Kingdom were also lower in 1958
but were still substantial, amounting to about $360 million
in each country.
Defense expenditures since 1945
Defense expenditures overseas were about $600 million a
year during the 5-year postwar period prior to the outbreak
of the Korean conflict and the buildup of the North Atlantic
Tre a ty O rgan i z at ion.
Sharply rising expenditures in the Far East brought total
outlays abroad to $1.3 billion in 1951. During the next 3
years, the increase took place primarily in Western Europe
where disbursements went up almost $400 million a year to
reach nearly $1.5 billion iu 1954. During 1955 the increase
was about $200 million in Europe and after that year it slowed
to an average of about $70 million bringing the 1958 area
total to almost $1.9 billion.
Many factors contributed to the expansion in military
outlays abroad. As activities under some programs and in
some countries began to decline, they were replaced by other
transactions elsewhere. As a result, the procurement of
goods has represented about 40 percent of the higher total
expenditures in each year since 1953 despite decided shifts by
country.
In 1955, offshore procurement of military equipment to
be transferred to our allies under the military assistance
program represented about half of all such purchases, in
contrast to 1958 when it declined to only a seventh. This
means that increases during the last 3 years in outlays for
defense-type materials and supplies for U.S. Government use
have more than compensated for the decline in materials and
supplies bought for transfer as foreign aid.
Expenditures abroad by the military agencies for purchases of supplies for their own use consist in large part of
jet fuel, motor gasoline, and other petroleum products; fresh
Table 1.—Defense Expenditures
Abroad for Goods and Services
by Major Category 1 January 1953 through June 1959
[Millions of dollars]
Total
1953
1954
1955
1956
1957
1958
JanuaryJune 1959
2,535
2,603
2 823
2 955
3,165
3,416
v 1, 622
Expenditures by troops, civilian
personnel, post exchanges, etc
820
797
812
845
845
877
"462
Foreign expenditures for construction __
__ . _
323
278
313
370
372
314
v 116
Contributions to the NATO multilateral construction program (infrastructure) .
.
91
69
84
68
65
81
22
Other expenditures for services
444
381
411
481
630
773
P410
Offshore procurement under
military assistance programs 2
326
595
640
515
372
212
96
71
70
36
40
54
49
?20
460
413
527
636
827
1, 110
* 496
Purchases of equipment
Purchases of other materials and
supplies
p Preliminary.
1. Excludes cash grants under special military programs, such as programs originally
defined as direct forces support and administered by the International Cooperation Administration.
2. Includes military assistance programs for offshore procurement, including Lisbon offshore procurement; the weapons production program; and the mutual weapons development
program.
Source: U.S. Department of Commerce, Office of Business Economics, from information
made available by operating agencies.
fruit and vegetables for the troops or for sale in commissaries; and other general supplies. Purchases abroad of
major equipment for use on our foreign bases are relatively
minor. Expenditures for supplies and equipment include
purchases from foreign branches or subsidiaries of U.S.
corporations as well as from foreign corporations.
Expenditures for both goods and services are shown in
table 2 and table 3 under the countries which received the
proceeds of sales to the U.S. Government, rather than where
they were actually used. They do not represent the amount
15
16
SURVEY OF CURRENT BUSINESS
spent in any one country for operations in that country, but
rather the amount expended for items which may be used
there or transferred to other areas.
Disbursements for services have shifted by country, but
the totals for particular purposes have shown less change
from year to year. These include the personal outlays of
troops and civilian employees and their dependents located
in foreign areas, which comprised about a fourth of all
military disbursements in 1957 and 1958. Foreign earnings
from the construction of installations represented about a
tenth of the total for the 2 years. Other outlays for services
include expenses incurred abroad for the operation and maintenance of facilities, and disbursements for travel, transportation, communication, repair, utilities, labor, and other
contractual services. Such expenditures increased steadily
after 1955 and by 1958 they were almost a fourth of military
overseas payments.
With the decline of disbursements abroad to equip Allied
forces under grant programs, military transactions in the
future will tend to reflect more closely the deployment of
our forces abroad. When all items not directly related to
the support of our overseas forces are excluded from past
transactions, outlays for our military establishment in 1954
and 1955 were somewhat lower than in 1953, but increased
thereafter by about $200 million each year.
Not all expenditures are in dollars
Disbursements by the military agencies do not always
provide dollar income to foreign countries, since sizable
payments are made in foreign currencies originally acquired
by the Government through the sale of agricultural products,
excess property, and other goods and services; or received as
counterpart funds under grant programs and as payments
on loans and other credits. For the most part, the military
departments purchase these local currencies from the U.S.
Treasury with appropriated dollars.
Expenditures of such local currencies amounted to $174
million in 1958, and in the prior year were over $200 million.
These expenditures are included in the total defense outlays
discussed above.
Troop outlays increase
As shown in table 1, a half or more of the foreign outlays
of the Armed Forces for services has consisted of out-ofpocket disbursements of U.S. personnel and their dependents,
direct payments to foreign personnel, and the foreign outlays
of the post exchanges, clubs, etc. which service authorized
personnel.
The increase shown in this "net pay" category stems primarily from the military and civilian pay raises of 1955 and
1958, and the greater number of dependents of U.S. servicemen overseas.
Sales of goods and services abroad by the post exchanges
and similar agencies to our personnel amounted to approximately $590 million in 1958. Foreign purchases of goods and
services included in these sales totaled about $325 million.
Foreign earnings from troop spending vary widely from
country to country, depending upon the deployment of troops
and the facilities readily available for utilization by their
dependents. They depend also upon the ability of each
country to meet the requirements of U.S. personnel or to
attract purchases by the post exchanges. In some less developed countries where the domestic market can fulfill only
a small share of the demand, most of the purchases by military personnel are made in the post exchanges and other
establishments operating within the military economy. In
certain areas, such as Hong Kong, earnings from the ex
November 1959
penditures of military personnel in a leave or travel status
are an important element of the balance of payments, although few or no troops are stationed there.
At times when the United States is involved in international emergencies, expenditures may shift considerably
among countries. For instance, because of the Lebanon crisis
in the fall of 1958, that country earned several million dollars, primarily in the form of sales to U.S. military personnel
within the few months they were deployed there. Conversely, during the same period, the earnings of Hong Kong
fell somewhat when ]eaves were canceled because of the
Taiwan Straits crisis.
Construction programs taper off
In Morocco, Spain, and several other countries many of
the major programs for constructing overseas military installations have been virtually completed. Foreign outlays for
construction of $314 million in 1958 were $58 million lower
than in 1957. Preliminary data for the first half of 1959
indicate that similar transactions at an annual rate were $80
million lower than in the prior year. These data are comprised principally of payments to foreign contractors, foreign outlays by U.S. firms under contract with the Department of Defense, and direct purchases of foreign goods and
services to be used by the military agencies in construction
programs. They do not include the cost of the equipment
and supplies shipped from the United States.
Table 2.—Defense Expenditures
Abroad for Goods and Services
by Major Country 1 January 1953 through June 1959
(Millions of dollars)
1953
1954
1955
1956
1957
1958
JanuaryJune 1959
2,535
2 603
2 823
2,955
3,165
3,416
v 1, 622
1 171
27
46
20
408
239
1 455
26
33
22
519
227
1 647
24
61
566
280
1 702
4
45
238
447
345
1 809
4
30
234
396
458
1 852
5
55
240
367
656
P911
na
na
na
na
na
3
15
103
37
8
15
18
174
34
15
23
14
162
32
20
31
15
151
39
15
20
10
163
42
14
15
13
118
39
17
na
na
na
na
na
2
1
39
10
210
4
5
9
17
329
5
21
12
29
362
10
57
10
43
435
9
87
9
36
488
8
92
15
42
360
na
na
na
na
na
1
2
5
3
4
1
12
5
4
5
3
7
na
na
192
194
217
259
288
448
P211
27
24
21
29
37
49
P19
1,145
6
29
9
_
772
62
...
930
8
28
7
574
44
938
7
26
9
501
62
965
9
25
13
490
37
1,031
6
46
12
455
58
1,067
11
49
14
414
88
*>481
na
na
na
na
na
18
55
33
9
48
29
42
40
8
47
55
1
50
8
43
60
4
52
9
48
78
13
59
11
38
97
18
56
na
na
na
na
na
51
28
8
232
47
35
9
252
55
38
15
64
61
49
13
101
68
40
13
120
61
43
15
152
na
na
na
na
Total
Western Europe
Austria.. ..
Belgium-Luxembourg _
Denmark. „_ ..
France
Germany _.
Greece
Iceland
Italv-Trieste
Netherlands
Norway
._
_ .
. .
..
_.
_ _. _ _
_
Portugal
Spain
Switzerland
. . _
Turkey
United Kingdom- _ ... .
Yugoslavia
Other countries .
-
Canada
Latin American republics
A 11 other countries .
\zores
Bahrein
Bermuda .
Japan
Korea
...
-
_ _
Libya
Morocco
Netherlands Antilles
Pakistan
Philippines
._
Rvukvu Islands
Saudi Arabia
Taiwan
Other countries -
.. ...
..
_. p
231
na Not available.
Preliminary.
1. Excludes cash grants under special military programs, such as programs originally
denned as direct forces support and administered by the International Cooperation Administration.
2. Includes Greenland.
Source: U.S. Department of Commerce, Office of Business Economics, from information
made available by operating agencies.
November 1959
SURVEY OF CURRENT BUSINESS
Construction expenditures are generally paid in dollars
made available from the regular military construction appropriations. However, family housing and related community facilities acquired abroad are purchased principally
with local currency proceeds of Department of Agriculture
sales of Commodity Credit Corporation surplus commodities. The transactions shown also reflect construction progress under a nearly completed $50 million barter program to
provide housing for families of military personnel stationed
in France. This project is being financed through an exchange of surplus wheat and other goods for housing. Under
these arrangements the Commodity Credit Corporation is
being reimbursed by the Department of Defense over a period of years through withholding of payment of quarters
allowances.
The foreign expenses of the major Air Force and Naval
bases nowT virtually completed in Spain have been paid for
primarily in pesetas furnished by the Government of Spain
as counterpart under the U.S. Government Spanish aid
program or acquired through the sales of surplus cotton
authorized by the Mutual Security Act of 1951, as amended.
Construction in Canada, as a part of Hemispheric defense,
has been jointly financed by the United States and Canadian
Governments. Canadian earnings as a result of U.S. defense
outlays for construction have been lower since the completion
of the Distant Early Warning radar line in the summer of
1957.
Contributions by the United States to the multilateral construction program of the North Atlantic Treaty Organization have shown relatively little fluctuation from year to
year. By the end of June 1959 the cumulative cost to the
United States for these installations developed for the common use of the allied forces was about half a billion dollars.
Germany and Japan contribute less
Expenditures for goods and services necessary to operate
and maintain our bases abroad have increased during the last
few years as new facilities have been completed and placed
into use. However, much of the upturn in 1958 was the
direct result of the discontinuance of German contributions
to the United States under the "Allied support payments"
agreement.
During the period from April 1, 1952 through May 5,
1955, the Federal Republic of Germany contributed the
equivalent of $762 million annually to the United States
($748 million to our forces and $14 million to the Allied
High Commissioner) without charge. In the following 2
years the amounts were reduced to $350 million and $155
million respectively. The agreement in June of 1957 provided for a contribution of $77 million. This contribution
concluded payments to be made by the Federal Republic of
Germany under occupation and support costs arrangements.
German earnings from the expenditures of our military
forces thus increased each year after 1955 until they reached
more than $650 million in 1958.
The support of our forces in Japan has also become relatively more costly to the U.S. Government as the amount of
yen furnished by the Government of Japan for the support of
U.S. security forces declines. These funds have been made
available to the U.S. Government by agreement without
charge since April 1952 when they replaced about half of
the value of goods and services furnished by the Japanese
under occupation-charge procedures during a base period
preceding the agreement.
Under the provisions of agreements, yen contributions,
which amounted to the equivalent of $155 million in the 12
months ended in April 1953, were nearly as high in the
following year, but have declined steadily since then. In
529257°—59
3
17
the year ended in April 1959 they amounted to less than $52
million.
Defense spending in Japan reached a peak of three quarters of a billion dollars in 1953, the highest annual amount
ever spent in a single country. In 1954, U.S. defense outlays
there fell by $200 million, but since that year, partly as a
result of the reduction in yen contributed by Japan, the decline has been more gradual.
Table 3.—Offshore Procurement Under the Military Assistance
Program by Major Country *
(Millions of dollars)
Total
Belgium-Luxembourg
Canada
Denmark
France
Germany
Greece
_ _ _
Italy
Japan
Korea
_
Netherlands
Norway
Portugal
Spain
Taiwan...
Turkey
United TCingdnm
Yugoslavia
Other countries
1956
1957
1958
January- Total
June 1959
195052
1953
1954
1955
92
326
595
640
515
372
212
%
2,848
2
9
13
33
3
7
8
19
1
21
14
1
2
1
18
10
4
106
43
17
66
2
1
165
4
282
2
10
329
4
13
160
6
18
68
5
3
27
3
(*)
12
1
1,109
27
45
1
61
12
127
25
91
31
77
40
4
76
12
1
21
28
1
8
26
462
174
6
2
3
55
30
18
7
1
29
18
14
34
670
18
7
1
(*)
._ _.
19
(*)
(*)
11
3
(*)
9
4
1
6
5
3
11
5
5
7
4
5
8
6
4
3
(*)
4
1
4
6
4
2
(*)
6
6
2
2
10
2
1
(*)
108
4
2
101
2
1
138
9
2
149
3
1
64
(*)
1
(*)
57
*Less than $500,000.
1. Includes military assistance programs for offshore procurement, including Lisbon offshore
procurement; the weapons production program; and the mutual weapons development
program.
Source: U.S. Department of Defense.
Offshore procurement for aid declines
By the end of June 1959 over $2.8 billion had been spent in
foreign countries under the military assistance offshore procurement program, the weapons production program, and
the mutual weapons development program. Most of these
outlays were for purchases of military equipment to be retransferred as grant aid to the producing countries or to
other nations participating in the military assistance program. Disbursements of $212 million in 1958 were about a
third of those taking place in 1955. In the first half of 1959
they declined further to an annual rate of about $190 million.
At the end of June 1959 the unexpended balance of contracts
amounted to less than $290 million.
Aside from assisting our allies to develop their military
productive capacity, these expenditures, primarily in the
form of dollars, aided the economy of many countries during
critical periods. France, the principal recipient, received
over $1,100 million between the start of the program in 1952
and June 1959, the United Kingdom $670 million, and Italy
over $460 million. Purchases in Europe comprised over 90
percent of the total expended, with Japan the only other
major recipient, The data shown in table 3 do not reflect
total spending abroad as a result of the military assistance
programs since they exclude expenses for services, such as
training and repair, and for goods originally purchased by
the military agencies for their own use and later transferred
as foreign aid. These expenditures are included in other
categories.
(Continued on page 23)
by Jeannette Fitzwilliams^.
Employment in Corporate and
Noncorporate Production
jL\.BOUT 30 million full-time equivalent workers are employed by corporations, or somewhat under one-half of the
total number of persons engaged in production. Proprietorships and partnerships provide work for another 21 million
persons, who are about equally divided between employees
and self-employed (businessmen, farmers, or professional
persons). An additional 10 million workers are employees
of governments—Federal, State, and local—and the other
4 million persons engaged in production are working in
households, or nonprofit institutions.
These key figures on the current structure of U.S. employment are based upon a newly developed classification by
legal form of organization, of the employment statistics that
have been issued annually as part of the national income and
product accounts. The breakdowns of employment match
and make more meaningful the comparable series on wages
and salaries and other major types of national income by
Persons Engaged in Production, 1929 and 1957
Million
20
40
60
TOTAL
Nonfarm
Corporations
Nonfarm
Proprietorships
& Partnerships
legal form of organization, published annually as an integral
part of the national income series.
To develop the new statistics, OBE's annual data on the
"number of persons engaged in production" have been allocated among seven legal forms of organization, as distinguished in table 1. These include three groupings of private
business enterprises, namely, corporations, sole proprietorships and partnerships, and other private business (e.g., cooperatives and mutual insurance companies) ; two major
groupings related to government activities, government enterprises (covering the essentially commercial enterprises of
the government, such as the Post Office), and general government (including all other activities of Federal, State, and
local governments); and two subsidiary legal forms of organization, private households and nonprofit organizations
furnishing services to individuals, and the very small group
hired by international organizations and other foreign
employers.
The legal-form breakdowns presented in this article were
derived for benchmark years for private employees by
applying distributions for each industry developed largely
from economic censuses. For intercensal years, for which
comparable breakdowns were not available, estimates were
generally based on interpolation between Census data as set
forth in the Technical Note at the end of this article.
Because of the absence of comprehensive annual data, the
legal-form breakdowns of private business employment
should not be taken as precise measures of year-to-year
changes in labor force structure. However, errors of measurement are probably not very large in view of the general
stability in the legal form distributions derived from successive Censuses. Particularly for long-run analysis, the new
series is believed to reflect reasonably w^ell the pattern of
shifts.
Long-run changes
Government
Farms
Nonprofit
Institutions
Households
J_
U. S. Department of Commerce, Office of Business Economics
18
59-11 -12
A comparison of 1929 with 1957—both years of high
cyclical activity—serves to reveal several major long-run
changes that have taken place in the distribution of employment. Over this period, the total number of employed and
self-employed persons increased from 46 million to 67 million.
In table 1 attention is focused on the percentage distribution
of the total number of workers engaged in production, including both self-employed "active proprietors" and fulltime equivalent wage and salary employees.
In the first place, there was a sharp fall in the proportion
of workers attached to proprietorships and partnerships.
This group accounted for more than two-fifths of all workers
in 1929 and for only three-tenths in 1957. The decrease is
almost entirely a reflection of the declining importance of
agriculture during the past few decades. Both self-employed
farmers and agricultural wage workers have diminished in
SUEVEY OF CUKKENT BUSINESS
November 1959
number at the same time that the nonfarm labor force has
grown very considerably.
Secondly, there was a substantial rise in the relative importance of government employment. Government workers
increased from 7 percent of the total work force in 1929
to 15 percent in 1957. This growth occurred in the military,
and in State, local and Federal civilian personnel.
Thirdly, the percentage working in households and nonprofit institutions declined from 7 to 5^ percent, owing to
the decrease in domestic servants of private households. This
was offset in part by a rate of growth in institutional employment second only to that of government.
These long-term developments in agriculture, government,
and private households have been discussed at some length
in U.S. Income
and Output and in the 1954 National Income
supplement.1 For many purposes it is useful to abstract from
shifts in these areas and to focus on the nonfarm ordinary
business portion of the economy. This is denned to include
corporations, proprietorships, and partnerships organized for
profit, exclusive of farms.
Table 1.—Number of Persons Engaged in Production, by Legal
Form of Organization, 1929 and 1957
Number (in thousands)
1929
Total
Corporate business
Sole proprietorships and partnerships
Other private business
Government enterprises
General government
Households and institutions
Rest of the world
Nonfarin ordinary business
Corporate business
Sole proprietorships and partnerships
1957
Percent distribution
1929
46,216
66, 618
20, 303
19,100
407
409
2,775
3,222
0
31, 346
20, 852
797
864
9,054
3,701
4
43.9
41.3
.9
.9
6.0
7.0
0
30,434
47, 040
100.0
19, 929
10, 505
31, 156
15, 884
100.0
65.5
34.5
1957
100.0
47.0
31.3
1.2
1.3
13.6
5.6
0
19
industries prior to 1939 could not be taken fully into account
because of lack of data, and comprehensive information for
the period since 1954 has not yet become available. Accordingly, the long-run comparisons which are made further
below, even though stated in terms of the years 1929 and 1957,
should be interpreted more broadly as bringing out changes
in the recent situation as compared with the one typical of the
basic industrial and legal form structure of the economy in
the decade before World War II.
The corporate share of employment has been sensitive to
cyclical influences, declining somewhat in each period of
business downturn. (See accompanying chart.) This is
because corporations are highly concentrated in manufacturing and transportation which are more sensitive cyclically
than the industries in which sole proprietorships and partnerships predominate. The sharpest cyclical fall occurred in
the depression of the early 1930's, when the corporate fraction
was down as low as 61 percent. Decreases appeared also in
the recession years of 1938,1949,1954, and 1958. Due to limitations in the data, the cyclical movements that are measured
mirror in general only cyclical changes in the industrial
structure of employment and do not take into account possible cyclical differences in the movement of the number of
corporate and noncorporate employees within industries.
During World War II there was also a sharp fall in the
corporate share of employment. This was reversed in the
postwar years as corporations that had shifted to the partnership form of organization because of the tax advantages to
be gained, became corporations once the corporate excess
profits tax was removed. In the early years of the war up
through 1943, the shift away from corporations was more
than offset in the all-industry figures by the striking increase
100.0
66.2
33.8
Source: U.S. Department of Commerce, Office of Business Economics.
Elimination of agricultural and government workers
serves to raise the relative share of corporations. For example, corporate employment, which currently accounts for
less than one-half of all workers, represents two-thirds of
the more restricted group of persons engaged in nonfarm
ordinary business.
Persons Engaged in Nonfarm Production
Millions
50
40
30
20
Corporate employment a stable fraction
The long-term pattern of the distribution of employment
as between corporations on the one hand and proprietorships
and partnerships on the other, appears quite different when
attention is focused on nonfarm ordinary business instead
of the economy as a whole. In place of a rise in the corporate
share of employment and a marked fall for proprietorships
and partnerships, a very stable distribution pattern emerges.
The percent of persons engaged in nonfarm ordinary business who wrere working for corporations remained in the
range between 63 and 66 percent in almost every year of the
period 1929-57. Over the long-run there was a very slight
increase in the corporate fraction. It is to be noted again
that these figures should not be taken as absolutely precise.
As explained in the technical notes, changes in the proportions
of corporate and noncorporate business within individual
10
Percent
Corporations as Percent of Total
70
60
1930
1. These publications may be purchased at a cost of $1.50 each from the
Superintendent of Documents, U.S. Government Printing Office, Washington
25, D.C., and from the Field Offices of the U.S. Department of Commerce.
35
40
45
50
U. S. Department of Commerce, Office "of Businesi Economics
55
60
59-11*13
20
SURVEY OF CURRENT BUSINESS
that took place in manufacturing employment where the
corporate form of organization predominates. The shift
back to corporations that began in 1946 was similarly masked
at first by a decrease in manufacturing employment during
the reconversion.
Table 2.—Average Annual Earnings Per Ftill-Time Nonfarm
Employee, Selected Years, 1929-58
Corporate
business
Ratio:
Sole proCorporate to
prietorships
sole proand partner- prietorships
ships
and partnerships
1929
1948..
$1 664
3,166
$1 285
2,402
1 29
1.32
1953...
1957
4,105
4,824
3,000
3,474
1.37
1.39
1958
4 980
3 583
1 39
Source: U.S. Department of Commerce, Office of Business Economics.
It is of interest to determine whether the long-run stability
in the corporate share of ordinary nonf arm business employment was due to genuine stability in the corporate-noncorporate employment rations holding within industries, or
whether changes in these ratios did occur but were offset by
changes in industry mix—that is, by shifts in the distribution of employment among industries characterized by different corporate-noncorporate employment ratios.
The relative importance of the two factors can be approximately measured by comparing the actual overall corporate-
Share of Employee Compensation
In Income Originating, 1929-57
Nonfarm Proprietorships
and Partnerships
40
Nonfarm Corporations
100
80
60
35
40
45
50
* 1st half 1959
U. S. Department of Commerce, Office of Business Economics
noncorporate employment ratios in 1929 and 1957 with the
hypothetical ratios that would have obtained if (a) the
proportion of corporate to noncorporate employment in each
industry, or (b) the distribution of employment among irdustries, had remained unchanged as between the 2 terminal
years.
Results obtained by applying this technique to the employment data for nonf arm ordinary business indicate that
neither of the two types of shift was very large, and that they
operated in opposite directions.
Shifts in the legal-form distribution of employment within
industries served to increase the all-industry corporate fraction by somewhat over 2 percentage points, while shifts in
industrial composition operated to reduce the fraction by just
under 2 percentage points.
The ratio of corporate to noncorporate employment tended
to increase in the majority of industries over this period. By
contrast, the effect of changes in the industrial pattern of
employment upon the overall corporate-noncorporate ratio
varied from industry to industry.
The decrease in the relative importance of the predominantly corporate railroad industry, for instance, was a major
factor in dampening the rise of the all-industry corporate
percentage. The rapid growth of employment in retail
trade and contract construction had a similar effect; in spite
of the increase in the corporate share within these industries,
the noncorporate rather than the corporate form of organization continues to predominate in them. (It should be noted,
however, that in retail trade and construction the effect of
increases in the corporate share more than offset the dampening effect of industry-mix upon the all-industry corporate
employment fraction.)
Manufacturing provides an important instance in which
industry shifts contributed to the increase in the overall
corporate employment share. Employment in this industry,
which is predominantly corporate, has increased faster than
in nonfarm ordinary business as a whole.
Average annual earnings
Percent
60
1930
November 1959
•
55
* •
60
Throughout the past three decades, average earnings of
full-time employees were substantially higher in corporations
than in proprietorships and partnerships. As table 2 indicates, the gap appears to have widened over this period; for
nonfarm ordinary business as a whole, average corporate
earnings exceeded the noncorporate average by approximately 30 percent in 1929 and by about 40 percent in 1957.
Average earnings in corporations and in noncorporate
business are derived by dividing the new breakdowns of fulltime equivalent employees into the annual wage and salary
series for the two legal forms of organization.
The generally higher average payroll per employee in
corporate enterprises reflects in part the inclusion of relatively high-paid executives in the corporate data. In proprietorships and partnerships, in contrast, the remuneration
of the entrepreneur who performs some of the same executive
functions is not included under wages and salaries but appears as net business income. This income of the self-employed (which also includes a return on their capital investment) is substantially
higher than the average pay of
noncorporate emplo3rees.
The overall spread between employee earnings in corporate
and noncorporate enterprises also stems in part from differences in the industrial distribution of the two types of enterprise. On the average, corporate employment is relatively
more concentrated in industries in which wages and salaries
are comparatively high than is noncorporate employment.
Thus, in 1957 the spread in average earnings of employees
SUKVEY OF CURRENT BUSINESS
November 1959
between corporate and noncorporate enterprises, which
amounted to $1,300, would have been reduced by about $300
if the same industrial distribution for both types of enterprise had prevailed.
Most of the spread, however, traces back to differences
within individual industries. Average payrolls per employee were generally higher in corporate than in noncorporate enterprises for all major industry divisions. The gap
appears also for practically all more detailed industry
groupings covered in recent industrial censuses.
Intra-industry corporate-noncorporate differentials in average payrolls reflect such factors as the larger number of
employees in corporate establishments and the consequently
greater need for higher paid supervisory personnel. Corporate firms also are relatively more numerous in large cities
where average earnings are higher than in smaller cities and
towns.
Table 3.—Percent Distribution of National Income Originating in
Nonfarm Corporations and Sole Proprietorships and Partnerships, by Major Type of Income, 1929 and 1947-57
Sole proprietorships and partnerships
Corporate business
Total
Compensation of
employees
Corporate
profits i and
net interest
Total
Compen- Proprietors'
sation of income l and
employees net interest
1929
100.0
74.6
25.4
100.0
46.5
53.5
1947
1948
1949
100.0
100.0
100.0
77.6
74.8
76.0
22.4
25.2
24.0
100.0
100.0
100.0
49.9
48.8
48.6
50.1
51.2
51.4
100.0
100.0
100.0
100.0
100.0
73.7
73.9
76.7
78.4
79.9
26.3
26.1
23.3
21.6
20.1
100.0
100.0
100.0
100.0
100.0
49.0
49.5
50.1
51.1
50.8
51.0
50.5
49.9
48.9
49.2
100.0
100.0
100.0
77.2
79.2
80.1
22.8
20.8
19.9
100.0
100.0
100.0
49.8
50.4
50.7
50.2
49.6
49.3
1950
1951 ._
1952
1953
1954
1955
1956
1957
_
1. Includes inventory valuation adjustment.
Source: U.S. Department of Commerce, Office of Business Economics.
The increase from 1929 to 1957 in the overall spread between average employee earnings in corporate and noncorporate firms that is summarized in table 2 can be traced in
large degree to manufacturing. This rise in the manufacturing differential was due both to a widening of the spread
in many industries and to a faster growth of the industries
in which the spread was relatively wide. In most industries
outside manufacturing the spread between corporate and
noncorporate average payrolls narrowed over the three
decades.
Recent developments in fringe benefits have tended to
reinforce the pattern of corporate-noncorporate wage-salary
differentials reviewed in this section.
Pattern of income distribution
The preceding discussion has been in terms of the distribution of employment between corporate and noncorporate
enterprises within the nonf arm ordinary business sector. The
basic data can be rearranged to indicate how the national
income originating within these two typesi of enterprise
is distributed among major types of income, and the extent
to which the distributions have changed over past decades.
The relative importance of employee compensation in the
income total has not been uniform over the 30-year span
covered. (See table 3.) For corporations, the share of
employee compensation has increased during the postwar
period, particularly from the 1950-51 lows. This development has been discussed in various OBE publications in
21
terms of the converse movements in corporate profits. Owing
to the operation of special and cyclical factors in this period,
it is not possible at this time to assess in conclusive terms
the trend significance of these postwar changes in income
shares.
In nonfarm proprietorships and partnerships compensation of employees accounted for 46^ percent of total income
originating in 1929, as compared with a somewhat higher,
and moderately rising ratio during the 1947-58 period.
The increase in overall employee share from 1929 to 1957
has been examined to determine the extent to which it reflects
changes in the distribution of income types within industries,
as against changes in industry-mix. The statistical procedure
was similar to that described above for the comparable
analysis of the factors underlying shifts in employment.
This examination indicates that the significant changes
underlying the overall rise of 4 percentage points in employee
share between 1929 and 1957 were increases within industries
in the relative importance of employee compensation in the
income total. The effect of this factor taken alone would
have been to raise the overall employee share by more than 5
percentage points between 1929 and 1957. Changes in the
industry mix operated to reduce the share by about 1 percentage point.
The increase in the employee compensation fraction of the
noncorporate income total between 1929 and 1957 stemmed
mainly from a larger increase in the number of employees
than in the self employed. This tendency held for most of
the industries important in the noncorporate area. In terms
of the all-industry total, full-time equivalent employees of
nonfarm proprietorships and partnerships increased about
60 percent over the period as compared with about 40 percent
for active proprietors.
Very little of the rise in employee share was due to a more
rapid increase in average earnings of employees than in
average business and professional income of the self-employed. The ratio of average compensation per employee to
average business and professional income per active proprietor was only slightly higher in 1957 than in 1929.
Methods of computation
The employment series presented in this report were obtained by adding estimates of the number of self-employed,
implicit in table VI-16 of U.S. Income and Output and table
28 of the 195J^, National Income supplement, and new breakdowns of the number of employees by legal form of organization, whose derivation is described below. To insure internal
consistency, national aggregates of employees were allocated
among the various legal forms of organization by the same
procedures as wages and salaries. Three basic methods were
used:
1. Distinctive legal-form. In somB instances, e.g., private
households, general government, and government enterprises,
an entire industry is located in a single legal form of organization. In other cases, annual data are available in considerable detail, and all of a given industrial subgrouping
is located within a single legal form. This is true, for example, of stock exchanges and chambers of commerce (classified as "other private business") and religious organizations and the Ked Cross (classified as "institutions").
2. Census-based method. The economic censuses (mining,
construction, manufacturing, trade, and selected services)
show the following legal-form breakdowns: individuals,
partners, corporations, cooperatives, and "other." The
latter consists largely of businesses run by executors, administrators and receivers. Individuals, partners and "other"
were combined to give sole proprietorships and partnerships;
SURVEY OF CUERENT BUSINESS
22
Table 4.—Persons Engaged in Production,
[In thousands]
Persons engaged in production, total l
Full-time equivalent employees
Active proprietors 2
Corporate businsss _
_
Sole proprietorship and partnerships
Full-time equivalent employees
Active proprietors
__-
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
46,216
35, 896
10, 320
44, 080
33 769
10, 311
41, 042
30 690
10, 352
37, 565
27 215
10, 350
38, 052
27 681
10, 371
41, 398
30 905
10, 493
42, 908
32 263
10, 645
45, 980
35 413
10, 567
47, 157
36 662
10, 495
45, 283
34, 945
10, 338
46, 605
36, 339
10, 266
48, 486
38, 336
10,150
20, 303
19, 100
8,780
10, 320
18, 733
18, 541
8,230
10,311
16, 445
17, 965
7,613
10, 352
14, 181
17, 119
6,769
10 350
14, 388
16 997
6,626
10 371
16, 064
17 555
7,062
10 493
16, 758
17 960
7,315
10 645
18, 063
18, 432
7,865
10 567
19, 491
18, 626
8,131
10, 495
17, 624
18, 161
7,823
10, 338
18,680
18, 281
8,015
10, 266
20, 036
18, 445
8,295
10,150
407
409
Other private business
Government enterprises
General government
Households and institutions
Rest of the world _ _ _
408
416
398
415
2,902
3,080
2,984
2,834
2,960
2 517
3,473
2 411
30, 434
19, 929
10 505
5,751
4,754
28, 518
18, 382
10 136
5,391
4,745
25, 644
16, 104
9 540
4,851
4,689
22, 646
13, 863
8 783
4,193
4 590
22 663
14, 073
8 590
4 076
4 514
0
1
414
428
383
999
386
401
2,775
3,222
0
Nonfarm ordinary business, total
Corporate business
Sole proprietorships and partnerships
Full-time equivalent employees
Active proprietors
November 1959
1
1
4,303
2 633
1
24
15
9
4
4
803
749
054
515
539
427
446
4,585
2 731
1
25
16
9
4
4
789
441
348
754
594
494
503
509
535
443
462
466
474
471
492
5,686
2,893
5,056
3,043
5,661
2,873
5,630
3,016
5,732
3,227
27 643
17, 735
9 908
5 212
4 696
29, 502
19, 169
10 333
5,529
4 804
27, 467
17,315
10 152
5,325
4 827
28, 903
18, 380
10 523
5,588
4 935
30, 649
19, 741
10,908
5,911
4,997
1
1
1
1
2
1. This series falls short of total man-years of full-time employment, because of the exclusion of unpaid family workers.
2. Consists of sole proprietors and partners of unincorporated enterprises, and of independent professional persons, devoting the major portion of their time to the business or profession.
Table 5.—National Income Originating in Nonfarm Ordinary
[Millions of dollars]
Total..
Corporate business
_
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Corporate profits l and net interestSole proprietorships and partnershipsCompensation of employees
Wages and salaries
Supplements to wages and salaries
Proprietors' income l and net interest
.
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
61,802
52, 498
39, 513
26, 065
24,319
32, 292
37, 079
44, 162
50, 733
44,874
49, 709
57, 593
45, 067
33 597
33 165
38, 391
30 174
29 757
28, 285
24 789
24 409
18, 407
18 531
18 202
17, 298
17 553
17 251
26, 915
22 547
22 181
32, 154
25 723
25 090
11, 470
8,217
3,496
—124
—255
23, 325
20 568
20 231
'337
2 757
4 368
6,431
37, 466
29, 933
28 645
1,288
7,533
32, 152
26, 651
25 241
1,410
5,501
36, 065
29, 181
27 662
1,519
6,884
42,298
32, 213
30, 582
1,631
10, 085
16, 015
7,447
7,388
14, 107
6 743
6,682
11, 228
5 617
5,561
7 658
4 230
4,183
7 021
3 806
3 765
8 967
4 365
4 322
10 164
4 761
4 716
12, 008
5 461
5,372
13, 267
6 179
5,968
12, 722
5 902
5,653
13, 644
6 320
6,057
15, 295
6, 835
6, 559
8,568
7,364
5,611
3,428
3,215
4,602
5,403
6,547
7,088
6,820
7,324
8,460
432
_
59
417
61
380
56
329
47
302
41
43
366
45
633
89
211
249
263
276
1. Includes inventory valuation adjustment.
cooperatives were included in "other private business."
Census data for central administrative offices and auxiliaries
were ascribed to corporations.
In some cases, the census industrial data had to be regrouped for comparability with later censuses; in others
where the census did not cover an entire two-digit industry,
the figures were supplemented by data from other sources.
In instances in which the requisite census data were available, the census numbers of full and part-time employees in
each legal form of organization were adjusted to a full-time
equivalent basis in order to make possible the calculation of
meaningful average annual earnings series. The adjustment
procedures and definitions of terms are described in Edward
F. Denison, "Revised Estimates of Wages and Salaries in
the National Income, 1929-43," SURVEY OF CURRENT BUSINESS, June 1945. From the census totals so derived, percentage distributions of full-time equivalent employees by
legal form were ascertained for the benchmark years, usually
1939,1947-48 and 1954, although in a few instances all three
were not available. These distributions were applied against
the number of employees in the respective industries as
shown in table VI-13 of U.S. Income and Output and table
25 of the 1954 National Income supplement.
3. Internal-Revenue-Service-~based method. For most private industries not covered above, distributions of payrolls as
between corporations and noncorporate enterprises were developed for benchmark years on the basis of data reported on
corporate, individual, and partnership income tax returns.
The corporate-noncorporate allocation of payrolls in these
industries was assumed to apply also to employees.
Interpolation and extrapolation. For the period prior to
1939, census data on legal form of organization for manufacturing and retail trade were taken into account. However, for other industry groups, the 1939 percentages had to
be kept constant for lack of pertinent information. For the
period after 1954, changes in legal form, as reflected in corporate-noncorporate sales or receipts, were allowed for in
wholesale and retail trade and construction; ratios for
other industries were held constant pending the availability
of later census data. In view of the general stability of the
legal form ratios, it is unlikely that this introduces a serious
error into the estimates.
Between census years, estimates of corporate and noncorporate sales or receipts were used as a basis for interpolating the distribution of employees in trade and construction
by legal form of organization. Similar techniques were
used for manufacturing for the years 1942-47 to allow for
the significant shifts in legal form of organization that occurred. Straightliiie interpolation between census years was
applied in other industries except those for which annual
data were available.
Effect of industry mix and within-indnstry changes. For
a description of techniques and problems involved in distinguishing between the effects of changes in industry mix
and the effects of changes in within-industry composition on
all-industry ratios, see the technical appendix to the article
on "Corporate Profits Since World War II," January 1956
issue of the SURVIIY,, page 2ft,
SURVEY OF CURRENT BUSINESS
November 1959
by Legal Form of Organization, 1929—58
23
[In thousands]
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
53,112
43, 022
10, 090
57, 992
48, 045
9,947
63, 670
54, 239
9,431
64, 694
55, 421
9,273
63, 062
53, 713
9,349
57, 379
47, 466
9,913
57, 652
47, 453
10, 199
58,581
48, 370
10,211
57, 202
47, 108
10, 094
58, 731
48, 675
10, 056
62, 780
52, 864
9,916
64, 096
54, 135
9,961
65, 070
55, 201
9,869
63,351
53, 483
9,868
64, 794
54, 827
9,967
66, 345
56, 400
9,945
66, 618
56, 730
9,888
64,83
55, 10'
9,72
22, 878
19, 221
9,131
10, 090
24, 647
19, 741
9,794
9,947
26, 053
19,216
9,785
9,431
25, 194
19, 004
9,731
9,273
23, 485
19, 226
9,877
9,349
24, 739
20, 539
10, 626
9,913
26, 506
20, 916
10, 717
10, 199
27, 247
20, 917
10, 706
10,211
25, 927
20, 407
10,313
10, 094
27, 003
20, 405
10, 349
10, 056
28, 886
20, 651
10, 735
9,916
29, 396
20, 778
10,817
9,961
30, 377
20, 772
10, 903
9,869
29, 175
20, 460
10, 592
9,868
30. 257
20, 662
10, 695
9,967
31, 206
20, 988
11, 043
9,945
31, 346
20. 852
10, 964
9,888
29, 62<
20,60
10, 88(
9,72
529
589
6,748
3,144
3
516
675
9,171
3,237
5
500
771
14,208
2,915
7
485
630
16, 507
2,869
5
488
643
16, 369
2,846
5
546
687
8,104
2,759
5
562
664
6,068
2,931
5
579
720
6,080
3,033
5
607
753
6,401
3,102
5
638
754
6,626
3,300
5
665
111
8,483
3,313
5
679
846
9,190
3,201
6
706
842
9,151
3,217
5
719
841
8,976
3,175
5
740
842
8,849
3,439
5
769
847
8,916
3,615
4
797
864
9,054
3,701
4
80
87
9,10
3,80
34, 369
22, 586
11,783
6,771
5,012
36, 830
24, 384
12, 446
7,502
4,944
37, 905
25, 809
12, 096
7,593
4,503
37, 114
24, 980
12, 134
7,714
4,420
35,812
23, 288
12, 524
7,955
4,569
38,440
24, 542
13, 898
8,634
5,264
40, 637
26, 311
14, 326
8,645
5, 681
41,417
27, 053
14, 364
8,563
5,801
39, 780
25, 740
14, 040
8,248
5,792
41, 124
26, 830
14, 294
8,432
5,862
43, 670
28, 707
14, 963
8,926
6,037
44, 459
29, 223
15, 236
9,069
6,167
45, 554
30, 203
15,351
9,142
6,209
44,047
28, 982
15, 065
8,855
6,210
45, 451
30, 067
15, 384
8,989
6,395
46, 855
31,014
15, 841
9,314
6,527
47,040
31, 156
15, 884
9,259
6,625
45,16
29,43
15,72
9,12
6,60
1958
Source: U.S. Department of Commerce, Office of Business Economics.
.Business, by Legal Form of Organization, 1929—58
[Millions of dollars]
1941
1942
75, 800
97, 761
56, 247
40, 917
38, 936
1,981
15, 330
72, 658
52, 124
49, 796
2,328
20, 534
19, 553
8,660
8,314
346
10, 893
25, 103
11, 256
10, 838
418
13, 847
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
117, 268
121,896
116,517
125,030
143,852
163,302
158,058
177, 658
203, 718
211,628
224,067
218,482
243, 697
259, 036
268, 747
260, 264
87, 778
63, 391
60, 557
2,834
24, 387
89, 802
66, 312
63, 134
3,178
23, 490
82, 108
63, 268
60, 101
3,167
18, 840
85, 936
68, 735
65, 518
3,217
17, 201
104, 320
80, 922
77, 012
3,910
23, 398
119, 992
89, 802
85, 663
4,139
30, 190
115, 167
87, 496
83, 133
4,363
27, 671
131, 889
97, 180
91, 522
5,658
34, 709
152, 896
113, 040
105, 976
7,064
39, 856
158, 174
121, 353
113, 838
7,515
36, 821
168, 647
132, 156
123, 990
8,166
36, 491
162, 900
130, 145
121, 626
8,519
32, 755
183, 880
141, 905
132, 234
9,671
41, 975
194, 826
154, 367
143, 495
10, 872
40, 459
202, 809
162, 464
150, 304
12, 160
40, 345
194, 081
158, 627
146, 569
12, 058
35, 454
29, 490
12, 810
12, 368
442
16, 680
32, 094
14, 199
13, 732
467
17, 895
34, 409
15, 542
15, 043
499
18, 867
39, 094
17, 974
17, 434
540
21, 120
39, 532
19, 743
19, 141
602
19, 789
43, 310
21, 144
20, 567
577
22, 166
42, 891
20, 862
20, 259
603
22, 029
45, 769
22, 410
21, 659
751
23, 359
50, 822
25, 158
24, 299
859
25, 664
53, 454
26, 795
25, 920
875
26, 659
55, 420
28, 333
27, 429
904
27, 087
55, 582
28, 252
27, 264
988
27, 330
59, 817
29, 800
28, 730
1,070
30, 017
64, 210
32, 336
31, 156
1,180
31, 874
65, 938
33, 453
32, 167
1,286
32, 485
66, 183
34, 008
32, 681
1,327
32, 175
1943
Source: U.S. Department of Commerce, Office of Business Economics.
Defense Expenditures Abroad
(Continued from page 17)
Sales of military equipment expand
Military operations also encompass several major programs
to sell military goods. Most of our receipts from sales result from the mutual security military sales program which
enables our allies to purchase military equipment and services from the U.S. Government. Such items are often procured for them on the domestic market or transferred from
stocks of the Department of Defense located here or abroad.
The value of goods shipped and of the repair, training, and
similar services made available was almost $1.3 billion by
June 1959. These sales have increased sharply since the
beginning of 1957 when the first shipments were made to
Germany. By June 1959 shipments to Germany totaled
$365 million.
Canada was the largest purchaser of U.S. military equipment prior to 1957 because of the two-way buying program
established by the two countries after the invasion of South
Korea. Under this arrangement Canadian purchases in the
United States to supply the Canadian forces with U.S. stand
ardized equipment are being offset by U.S. expenditures in
Canada for electronics equipment, aircraft, and military
supplies.
The Armed Forces of the United States also provide materials, facilities, and services on a reimbursable basis to
foreign countries and international organizations under various logistical support programs. Most of the other receipts of the military agencies abroad have been in the form
of proceeds from the sale of property excess to their needs.
Currently such proceeds amount to some $80 million a year.
The total receipts of the U.S. Government from these various programs averaged about $180 million a year during
the 4 years prior to 1957. Primarily because of sales to
Germany, they rose to $370 million in 1957 and declined in
the following year to $300 million. When these receipts are
deducted from total U.S. defense expenditures, net expenditures in 1958 were $3.1 billion.
SURVEY OF CUERENT BUSINESS
24
November 1959
REVISED STATISTICAL SERIES.—Indexes of Prices Received by Farmers, 1952-58: Revised Data for Page S-5 l
[1910-14=100]
Crops
Yeir and month
All farm
products
Total
Commercial
vegetables
Cotton
Feed
grains
and
hay
Food
grains
Livestock and products
Fruit
Oilbearing
crops
Potatoes
(including dry
edible
beans)
Tobacco
Total
Dairy
products
Meat
animals
Poultry
and eggs
Wool
1952' January
February
March... .
April
May
June
July _._
August
September
October _
_
November
December __ _
Monthly average
299
293
291
292
291
290
292
294
288
280
275
267
288
273
264
268
275
269
274
272
270
267
260
256
255
267
301
249
294
341
311
294
289
240
203
220
252
261
271
326
313
305
312
305
322
313
321
332
312
289
270
310
242
237
236
237
235
233
234
240
242
226
220
224
234
252
249
252
250
245
239
230
236
241
241
249
249
244
178
178
186
184
181
191
199
189
202
202
177
186
188
303
296
284
279
280
289
308
310
305
298
296
298
296
281
283
296
319
319
351
348
357
294
278
287
267
307
431
436
435
435
436
437
436
436
428
430
416
428
432
321
318
311
307
311
305
310
314
306
298
291
277
306
318
320
306
290
281
278
288
297
309
321
322
309
303
375
375
370
371
388
375
370
366
343
320
300
284
353
207
189
184
185
177
183
209
226
226
225
236
223
206
338
317
1953: January
February
March
_ _____
April
May
June
July
August
September
October
November
December
Monthly average
266
261
261
257
259
251
254
251
253
246
246
250
255
251
246
250
246
246
243
234
232
233
229
232
235
240
249
254
240
238
237
261
235
206
194
204
218
229
230
253
256
268
267
269
267
270
278
280
275
269
260
268
221
212
214
211
211
203
203
204
205
192
192
201
206
248
244
250
249
246
227
222
217
220
225
231
232
234
199
192
200
197
200
222
187
190
199
187
191
190
196
291
285
297
296
293
283
265
261
253
259
273
287
279
273
240
223
196
188
165
169
160
162
145
144
134
183
421
423
424
424
425
425
427
436
456
444
447
447
433
278
273
271
267
270
259
271
268
270
262
258
263
268
293
281
269
253
242
239
249
258
272
284
287
279
267
297
299
294
294
307
289
303
291
287
263
258
276
288
221
211
219
221
219
214
223
228
227
230
221
216
221
290
294
300
304
313
316
308
306
304
303
296
298
303
1954* January
February
March __ __
April
May
June
July
August
September
October _
November
December __ _
Monthly average
254
254
252
253
252
244
243
246
242
237
237
234
246
236
236
239
244
248
245
249
248
245
239
238
237
242
238
227
224
245
238
202
215
191
179
198
225
213
216
254
257
263
267
272
273
272
288
292
293
280
276
274
204
205
206
206
206
203
200
205
206
201
196
199
203
235
237
239
235
228
215
224
227
232
235
239
239
232
190
189
194
194
207
230
247
243
248
201
186
182
209
288
296
312
332
336
331
329
320
272
274
276
277
304
132
127
112
134
195
219
224
201
178
154
175
176
169
440
444
443
443
445
445
444
437
448
443
439
440
443
270
269
263
262
255
242
237
243
240
236
236
231
249
268
258
248
227
217
216
228
239
254
265
269
264
246
298
303
305
318
313
288
270
275
268
259
255
249
283
212
208
192
183
174
174
176
181
164
155
160
156
178
297
297
294
302
306
310
307
302
297
293
287
284
298
1955* January
February
March
_ ___
April
May
June
July
August
September _ _ _ _ __.
October
November
December
Monthly average
238
240
240
241
236
235
232
229
231
227
222
219
232
240
240
239
245
243
234
230
222
221
217
219
219
231
232
248
238
247
235
210
200
201
214
209
228
216
223
275
268
269
270
266
265
271
277
285
277
274
263
272
200
200
195
194
198
193
187
175
170
162
159
166
183
240
239
238
235
239
223
222
214
219
221
221
222
228
194
186
196
207
201
222
226
208
203
192
194
199
202
275
275
269
261
257
253
249
242
221
226
226
230
249
182
191
192
289
273
198
160
138
126
120
134
135
178
430
437
437
437
436
435
440
425
431
440
451
444
437
235
241
241
238
231
235
233
235
240
235
223
218
234
256
251
241
232
224
223
233
244
257
269
271
267
247
257
257
255
263
257
266
255
248
246
237
212
200
246
167
193
206
192
183
183
184
194
203
194
191
200
191
282
279
275
261
256
253
252
240
234
219
215
221
249
1956: January _
_. .
February
March
\pril
May
June
.
July
August
September
October
November
_
December
Monthly average
222
222
224
229
235
238
237
234
233
230
229
229
230
223
226
229
236
245
252
248
235
231
228
234
232
235
228
249
247
228
238
259
241
199
185
207
255
244
232
259
262
267
274
270
273
273
263
275
270
270
262
268
168
169
171
182
189
190
192
195
193
175
179
182
182
221
221
223
229
2?6
219
216
218
222
226
232
234
224
203
199
196
200
212
234
219
230
236
239
214
203
215
237
242
253
270
295
285
259
251
230
236
253
254
255
158
170
194
224
269
341
389
216
152
135
147
151
212
451
450
450
451
454
453
454
450
451
450
451
457
452
221
219
219
223
228
226
227
233
235
231
226
227
226
258
252
244
237
237
235
244
253
266
276
281
274
255
208
215
220
235
245
246
242
254
251
239
228
233
235
202
188
188
182
179
173
175
170
169
164
160
162
176
212
221
226
231
237
238
238
232
237
252
261
267
238
1957* January
February
March
__ _ _
April
May
-_ _
June
July -__
August
September
October
November
December
Monthly average
231
229
230
232
233
233
239
242
240
236
235
237
235
231
228
229
229
230
227
228
228
222
218
213
212
225
225
222
223
247
256
252
244
218
194
203
207
228
227
256
255
252
258
266
270
273
278
279
273
263
238
263
183
178
178
177
176
170
167
166
159
151
146
147
166
236
235
236
233
226
219
219
218
218
221
222
225
210
208
221
206
200
204
207
216
208
199
179
176
203
257
251
253
251
250
246
245
248
237
226
228
230
244
153
145
137
131
143
143
159
164
158
148
157
161
150
458
457
457
458
457
457
463
478
484
482
470
477
466
232
230
232
235
235
239
248
255
255
251
255
259
244
269
263
254
245
237
235
244
255
271
279
283
275
259
248
247
259
271
277
284
293
297
286
273
275
290
275
155
157
152
150
146
148
157
167
171
175
181
179
162
275
272
289
296
315
311
311
305
294
287
286
258
292
1958' January
February
March
__ _
April
May
June
_
July
August
September
October
November
December
Monthly average
241
245
257
257
256
250
250
248
255
249
247
244
250
214
218
232
239
232
223
222
221
228
221
218
213
223
273
305
337
295
251
208
192
176
182
205
234
220
240
231
211
220
236
246
246
260
281
292
281
273
256
253
143
145
149
159
161
164
163
160
157
149
143
151
154
219
221
225
225
222
199
192
192
196
201
201
199
208
184
199
225
262
264
270
274
265
320
267
241
217
249
228
225
230
234
233
234
228
230
217
212
210
214
225
172
204
269
256
200
168
163
136
124
111
121
126
171
476
475
475
474
474
474
474
478
485
499
498
504
482
264
269
278
272
276
272
274
272
278
274
273
270
273
268
263
254
239
231
227
238
248
263
270
272
270
254
306
319
335
339
352
348
348
337
340
333
329
328
334
174
172
187
175
173
169
167
165
171
162
161
155
169
265
244
234
207
201
215
211
211
204
203
202
199
216
1. Source: U.S. Department of Agriculture, Agricultural Marketing Service. Some of the components have not been revised but are shown here for convenience of the user.
302
288
299
299
299
298
294
297
297
297
302
* BUSINESS STATISTICS
Wontki
J. HE STATISTICS here are a continuation of the data published in the 1959 edition of BUSINESS STATISTICS, biennial Statistical Supplement
to the SURVEY OF CURRENT BUSINESS. That volume (price $2.25) contains monthly (or quarterly) data for the years 1955 through 1958 and
monthly averages for all years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly
figures prior to 1955. Series added or significantly revised since publication of the 1959 BUSINESS STATISTICS are indicated by an asterisk (*) and a
dagger (f)> respectively; certain revisions for 1958 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY
beginning with the July 1959 issue. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal
variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided
through the courtesy of the compilers, and are subject to their copyrights.
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemNovem- DecemBUSINESS STATISTICS
October
ber
ber
ber
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates:
National income, total
bil. ofdoL.
369.5
380.4
389.4
403.9
258.5
241 1
197 1
10 0
34.0
17.5
262.9
245 1
200 8
9 9
34.4
17.8
269. 9
250 9
206 2
9 8
34.8
19.0
278.9
259 4
214 0
98
35.6
19.6
279 3
259 5
213 5
98
36 3
19 8
Proprietors' income, totalcf
do
Business and professional^ -~ 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
_. _ - _ d o
Inventory valuation adjustment
do
46.8
32.6
14 2
11.9
47 4
33.2
14 1
11.9
46 9
33.7
13 2
12.0
46 6
34.5
12 1
12 0
45
34
10
12
38.0
38 3
18.8
19.5
-.3
43.5
44 6
21.9
22.7
—1.1
45. 5
46 5
22.6
23.8
51.0
52 6
25.6
27.0
— 1.6
Net interest
do
14.4
14.7
15.1
15.4
15 8
-do
444.0
457.1
470.2
484.5
478 6
Personal consumption expenditures, total
do. _ _
Durable goods __ _
- --do _ _ .
Nondurable goods
do
Services
-do
294.4
37.1
143.1
114.2
299.1
39.8
143.6
115 7
303.9
41.3
145.3
117 4
311.2
44.1
147.7
119 4
313 3
43.6
148 0
121 6
Gross private domestic investment, total
do _ . _
New construction
__ -_do..
Producers' durable equipment
-do
Change in business inventories
do
54.2
35. 4
22.2
-3.4
61 3
37.3
23 2
69 8
39.7
23 9
77
41
26
10
5
0
0
4
67 0
41 0
27 0
— 1.0
Net exports of goods and services.- do._ _
Exports
__
do
Imports
.-- do _ _
Government purchases of goods and services, total
bil. of doL.
Federal (less Government sales)
do
National defense 9
-do ___
State and local
-do ___
1.6
.2
-.9
Compensation of employees, total
Wages and salaries, total
Private
Military
Government civilian
_ __
Supplements to wages and salaries
do
-- do __
do
__ do do
do
-
Gross national product, total
Personal income, total..
_Less: Personal tax and nontax payments
Equals: Disposable personal income
_
do__
do
do
Personal savirig§
do
.8
—.9
6.1
1
8
3
0
.0
23.1
21.5
22 7
22.5
21 5
22.4
— 1.8
22 1
23.9
24 1
24. 1
93.8
53.1
44.5
40. 8
96.5
54.2
45.3
42.2
97.4
53 8
45.8
43.6
97.7
53 9
46 2
43.8
98.4
53 6
45 9
44 8
366. 3
43.4
322. 9
371 8
44.4
327.4
381 1
45.8
335.3
381 0
45 9
335. 1
23.7
23.5
24.1
21.9
363. 4
42.9
320.4 -26.0
-
GNP in constant (1954) dollars
Gross national product, total
bil. of dol
400 9
410 8
420 6
431 8
424 3
Personal consumption expenditures, total
do
Durable goods-..
__ _ _ _ _ _ d o _ _
Nondurable goods
do.- _
Services
do. _.
275 0
35.3
135.3
104.4
278 4
37. 5
135.6
105.3
282 3
38.8
137 3
106. 2
288 3
41 2
139 7
107.4
288
40
139
108
Gross private domestic investment, total
do
New construction
__
- do
Producers' durable equipment
do ..
Change in business inventories
do ._
46.6
31.2
18.6
-3.2
53.0
32 6
19.3
59. 7
34 3
19.8
65. 7
35 1
21 3
9.2
56. 4
34 9
22 1
—.0
.5
—1 4
—2 7
35
19
78.9
44.3
34.6
80.8
45.2
35. 5
81.3
44 9
36.4
81.4
45 0
36.4
81.0
44 1
36.9
Net exports of goods and services
do
Government purchases of goods and services, total
bil. of dolFederal _.._.
- - do ...
State and local
._ . _ _ - _ _ . _ _ -do
1.1
5.6
8
6
4
8
r
Revised.
d"Includes inventory valuation adjustment.
9 Government sales are not deducted.
§ Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
529257°—-59
S-l
SURVEY OF CURRENT BUSINESS
S-2
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
1959
Septem- October Novem- December
ber
ber
January
February
March
April
May
June
July
August SeptemOctober
ber
GENERAL BUSINESS INDICATORS—Continued
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income
364.2
364.3
367.5
366.9
369.0
371.0
375.4
379.0
381 3
383 8
383 4
380.0
r
380. 9
381.9
Wage and salary disbursements, total
do
Commodity-producing industries, total. .. do
Manufacturing only
do
Distributive industries
_ _ _ _ _ _ _ do
Service industries
do
Government
.
_
._ do__ _
Other labor income
do
Proprietors' income:
Business and professional
do
Farm
do _
242.5
99.3
77.9
64.1
35.0
44.1
9.3
242.1
98.7
76.9
64.1
35.2
44.1
9.3
246.1
101.8
79.7
64.7
35.3
44.3
9.4
247.0
102.2
80.6
64.7
35.6
44.4
9 4
248.7
102.8
80.9
65.6
35.6
44.6
9.6
250.1
103.5
81.7
66.0
36.0
44.7
9 7
254.0
106.3
83 8
66.6
36 4
44.8
9 8
257.3
108.6
85 4
66.9
36 8
45.0
9 9
259
109
86
67
37
45
9
8
8
7
5
1
4
9
261 7
110.9
87 7
68.0
37 2
45.6
10 0
261 5
109.9
86 9
68.4
37 3
45.9
10 1
258.8
106.8
84.0
68.3
37.6
46.0
10.1
«• 259. 2
»• 106. 8
'84.4
'68.3
r
37. 8
46.2
10.2
259.0
106.2
83.7
68.4
37.9
46.4
10.2
32.8
14.3
33.2
14.2
33.1
14.1
33.4
14.2
33.5
13.5
33.7
13.2
34.0
12.9
34.3
12.2
34.5
12 0
34.7
12. 1
34.9
11.4
34.9
10.0
'34.8
9.6
34.9
10.0
Rental income of persons
__ __ _ _ do...
.Dividends
_
_
_ do _
Personal interest income
do
Transfer payments
do
Less personal contributions for social insur__-do
11.9
12.6
20.6
27.3
7.1
11.9
12.6
20.7
27.4
7.1
11.9
12.6
20.8
26.6
7.1
11.9
10.8
21.0
26 3
7.1
12.0
12.7
21.1
26.1
8.1
12.0
12.8
21.3
26 4
8.1
12.0
12.8
21.6
26 6
8.2
12.0
12.9
21.8
26 9
8.3
12 0
13.0
22 0
26 4
8.3
12.0
13.1
22.2
26 4
8.4
12.0
13.2
22.4
26 3
8.4
12.0
13.4
22.7
26.5
8.4
12.0
13.5
23.0
r
27 0
'8. 4
12.0
13.5
23.3
27 3
8.4
346.1
346.3
349.6
348.8
351.6
353 8
358 5
362.7
365 3
367 8
368.2
366.3
367. 5
368.0
bil. of dol
Total nonagricultural income
do
r
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals:
All industries
6 905
8,323
2,456
1, 144
1,312
3,021
1,450
1,571
3,152
1,541
1,611
3,815
1,885
1,930
223
140
320
1,633
2,447
254
156
413
1,717
2.541
213
159
408
1,199
2 470
243
262
527
1,474
2,796
263
312
545
1,541
2,740
277
299
544
1,626
2 913
29.61
29.97
30 62
32.51
i 34. 29
-do_
do
__do _
10.86
5.16
5.70
10.58
4.86
5.72
11 20
5 26
5 94
11.80
5 74
6.06
12.81
6 28
6.53
13. 72
6.65
7.07
__do_
do
do
do
do___
.88
.63
1.29
6.10
9.85
.97
.58
1.62
6.26
9.96
95
63
1 71
5 80
10 33
.94
1.00
2.08
5.82
10.87
1.04
1.41
2.19
5.80
11.04
1.06
1. 12
2. 12
5.93
11.39
do
_ do_ _
do
do
do
Seasonally adjusted quarterly totals at annual rates:
All industries
.
_
bil. of dol _ _
Manufacturing
_ _
_
Durable goods industries
Nondurable goods industries
_
_
Mining
_ _
Railroads
Transportation, other than rail
Public utilities
Commercial and other .. ._
2
8,013
2,932
1, 376
1,556
_ _ do _.
_ __ _
do_ .. do ._
Mining
Railroads __ __ _
__ _
Transportation other than rail
Public utilities
Commercial and other
1
7,427
2, 664
1,257
1,407
mil of dol
Manufacturing
Durable goods industries
N endurable goods industries
8, 553
2
9 474
35. 34
FARM INCOME AND MARKETINGS
Cash receipts from farming, Including Government
payments total
mil. of dol
Farm marketings and CCC loans, total
do.
Crops
_ _ _ _ _ _ _ do
Livestock and products, total 9
do
Dairy products
_ _ _ do
Meat animals
do
Poultry a n d eggs _ _ _ _ _ _ _ _
_ _ do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1947-49=100
Crops
_ _ _ _ _
- do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:
All commodities
__ _ -1947-49 = 100-Crops
do
Livestock and products
do
3,604
4,031
3,596
3,312
2,959
2,255
2 133
2 200
2 205
2,336
2 676
2,605
v 3, 270
3,337
1,567
1,770
357
1,105
292
3,914
1, 961
1, 953
372
1,250
313
3,530
1,879
1,651
355
979
302
3, 259
1,700
1,559
375
893
271
2,912
1,397
1,515
366
885
238
2,221
847
1,374
348
778
222
2 107
596
1 511
388
855
248
2 179
616
1 563
390
921
221
2 180
637
1 543
427
859
220
2 308
819
1 489
398
853
207
2,582
1,116
1,466
385
829
230
2,573
1,132
1,441
376
817
229
p 3, 240
p 1, 571
p 1, 669
^369
P 1, 035
P248
137
146
130
161
183
143
145
175
121
134
158
114
120
130
111
91
79
101
87
56
111
89
57
115
90
59
113
95
76
109
106
104
108
106
106
106
p 133
P 147
P 122
147
160
138
177
209
153
160
197
132
146
173
126
130
144
120
103
90
113
96
58
123
96
53
129
99
57
131
108
80
129
121
114
128
118
110
124
P 147
p 157
v 139
140
143
144
140
142
147
149
152
153
155
143
148
r
INDUSTRIAL PRODUCTION
Federal Reserve Index of Physical Volume
Unadjusted, combined index
1947-49=100__
Manufactures
Durable manufactures
Primary metals 9
Steel
Primary nonferrous metals. _ _ _ _
do
do.
do
- do
do_ _.
141
146
111
114
139
145
149
123
129
150
146
155
124
128
157
141
152
119
127
162
144
154
127
136
163
150
160
144
156
169
152
163
153
170
167
155
166
155
171
169
156
169
157
170
168
158
172
154
164
174
147
157
94
76
165
151
r
153
63
p20
140
Metal fabricating (in cl. ordnance).Fabricated metal products
Machinery
_
Nonelectrical machinery
Electrical machinery
- do_ __
do
do
do
do
156
141
151
128
195
158
136
150
127
194
167
136
153
131
197
168
136
152
133
190
168
134
156
134
199
172
135
162
142
202
174
138
164
147
196
176
142
165
149
196
179
146
170
153
203
182
150
175
156
213
175
143
166
150
197
r
173
r
146
r
Transportation equipment 9
Autos
Trucks
Aircraft and parts
Instruments and related products
do
do. __
do
- do_
do_ _
170
37
67
583
168
184
71
89
582
171
211
160
112
591
174
214
161
100
595
176
211
154
110
587
176
212
149
133
587
179
215
163
138
583
183
217
164
143
580
185
215
162
148
572
188
214
158
147
571
195
209
150
134
566
193
T
do_
do
__ __ do_ _ _
do
130
127
160
143
132
131
155
147
132
126
153
144
132
109
145
137
132
116
141
133
134
124
145
137
135
125
156
139
135
136
166
142
137
143
171
145
141
141
177
149
141
127
174
145
Furniture and fixtures
Lumber and products
Stone clay and glass products
Miscellaneous manufactures
1
r
151
p 153
154
r
158
63
*21
118
P 157
p 161
P 62
p 22
172
149
219
r
r
r
' 181
151
186
155
245
P
P
p
p
P
185
144
186
153
251
188
71
96
r
563
r
196
r
189
73
T 102
r
563
T
202
p
p
p
P
P
207
143
116
547
206
147
* 143
r 148
P 151
r 177
r 175
M56
r 163
141
p 172
p ifU
r Revised.
P Preliminary.
Estimates for July-September based on anticipated capital expenditures of business. 2 Estimates for October-December based on anticipated capital
expenditures of business. Anticipated expenditures for the year 1959, and comparative data for 1957-58, appear on p. 5 of the September 1959 SURVEY.
9 Includes data not shown
separately.
SUEVEY OF CURRENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-3
1959
January
February
March
April
May
June
July
1
August SeptemOctober
ber
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Physical Volume — Con.
Unadjusted index— Continued
Nondurable manufactures
1947-49=100
Food and beverage manufactures.. __ ... do
Food manufactures 9
do
Meat products _ _ _
__ do
Bakery products
do
Beverages
_ _
__
do
Alcoholic beverages
do
137
131
134
130
102
119
108
142
129
130
138
103
124
124
138
120
121
134
101
113
111
130
110
112
133
101
104
94
135
107
110
139
98
97
91
140
109
110
140
99
105
100
141
109
108
133
99
113
109
143
114
111
136
99
126
119
143
117
113
129
102
133
124
144
122
118
129
104
139
123
136
121
118
127
105
130
112
••149
••134
'133
127
'106
138
122
do
do
_do__
.. do
do. _.
125
103
111
75
113
130
109
112
75
121
128
107
118
71
117
103
100
106
62
105
121
107
119
130
113
122
121
113
122
129
117
131
128
119
129
125
117
121
119
107
119
136
121
127
120
123
120
127
130
128
125
124
113
'134
127
do
- do
__do __
do
105
169
159
142
109
181
171
147
108
170
164
146
102
153
148
140
111
166
161
139
120
177
171
142
116
176
171
148
113
185
179
150
112
180
175
150
110
180
177
148
101
164
157
144
117
184
176
147
184
172
'155
P158
do
.do _
do
do _
do
187
202
138
148
137
195
211
137
147
143
195
214
140
151
145
195
217
144
159
137
198
219
146
160
150
202
226
145
157
158
204
231
148
154
159
209
237
138
147
138
207
237
139
146
132
206
241
143
151
152
199
'233
132
148
141
'206
'237
'134
'152
156
216
250
'M34
*131
do
do__
do
do
do
123
73
145
107
158
124
75
144
107
156
123
75
147
93
151
124
76
151
81
139
123
73
152
86
131
123
74
150
91
130
122
69
149
91
138
124
68
149
105
152
127
72
148
135
157
127
72
147
133
162
114
46
144
90
163
116
63
144
49
'168
116
65
P145
32
163
»117
p70
*>145
do
137
138
141
142
143
145
147
150
153
155
153
149
'149
»148
do
_ do
do
139
145
113
140
146
122
143
151
123
144
152
123
145
153
125
148
157
138
150
160
146
153
164
149
156
169
154
158
172
150
157
167
106
'152
'158
67
152
158
64
P151
* 157
^62
155
135
148
129
186
156
133
147
130
180
163
136
150
133
183
165
136
152
132
190
166
136
154
132
199
168
135
158
138
198
170
138
159
142
192
173
142
163
145
198
179
148
170
150
209
184
150
178
156
222
186
150
180
156
227
'182
' 144
'179
'158
221
183
145
'183
157
'233
*182
P 142
P182
p 156
^233
do
do
do
do
178
82
322
166
183
91
321
169
203
119
327
173
204
123
322
175
204
124
322
176
204
123
322
179
207
128
322
181
211
132
327
183
214
136
327
189
216
139
326
197
218
142
327
199
'211
133
'322
'198
'205
'129
'314
'200
P205
*133
?308
*204
do _.
do
do
do.__
126
118
157
137
127
120
149
138
129
125
151
137
127
125
148
134
133
127
147
137
132
126
149
137
135
129
158
141
138
136
166
147
143
139
170
150
145
133
174
152
149
137
180
156
145
132
'174
155
'144
130
' 172
'155
P145
do
, ._ do
do
do
133
115
116
114
134
115
115
115
135
116
116
119
135
117
116
121
137
118
117
122
139
119
119
121
140
119
120
118
142
120
120
124
144
122
121
125
145
120
121
117
146
118
118
116
146
' 122
120
130
'147
121
120
P146
_
do
do
do
121
103
116
120
104
118
126
104
117
126
104
116
121
106
118
130
108
119
121
110
121
134
115
123
124
118
127
115
118
128
132
123
130
126
121
'130
120
131
_ ._ _ _
do
do
do
104
167
140
108
171
142
113
168
142
108
166
139
109
167
144
109
172
145
106
173
145
112
176
147
118
180
149
111
178
149
115
' 185
151
112
182
152
182
'152
P154
Chemicals and allied products.. _ _ _ do
Industrial chemicals. .
do
Petroleum and coal products _ _ _ _ do
Rubber products
_
do
187
204
135
136
189
209
137
133
192
212
139
141
194
214
142
140
196
216
143
142
199
222
144
150
201
226
149
156
204
232
143
135
208
234
142
134
212
246
143
155
211
245
135
172
'212
'244
' 133
162
217
253
P132
"131
123
70
149
90
149
122
69
148
92
148
123
72
147
101
148
124
73
148
108
142
124
69
148
113
145
124
74
146
114
143
123
72
144
115
148
124
71
146
114
155
126
73
148
115
154
125
73
148
106
156
118
56
148
79
157
117
61
148
'43
'159
r p 148
103
116
143
137
136
140
144
142
142
144
134
119
"128
*>148
37
150 ;
126
150
222 .
155
160
153
130
156
212
117
147
161
138
130
137
163
113
145
154
140
130
131
193
115
150
149
154
135
158
199
117
155
163
151
136
159
173
117
154
164
148
135
156
166
113
154
162
149
133
155
176
114
154
158
152
135
154
198
121
140
150
132
133
125
148
122
114
71
153
142
141
223
130
'125
73
"173
143
163
290
'135
p 155
»143
11.9 :
113
71
151
131
147
221
123
103
108
133
134
133
132
135
137
141
145
149
142
'137
P138
142
139
148
127
159
174
113
143
143
144
127
156
162
114
140
139
143
132
140
181
118
137
130
146
133
145
185
11Q
141
142
142
133
139
179
146
147
147
135
144
189
11*
151
153
153
140
151
195
155
156
156
140
145
235
158
158
161
147
148
240
149
134
' 165
141
164
234
'140
122
' 159
137
150
249
P 144
p 134
Tobacco manufactures
Textile mill products 9
Cotton and synthetic fabrics
Wool textiles
Apparel and allied products.
__
Leather and products
Paper and allied products
Pulp and paper
. __
Printing and oublishing
_
Chemicals and allied products
Industrial chemicals... _ _
Petroleum and coal products
Petroleum refining
Rubber products
Minerals
Coal
__
Crude oil and natural gas
Metal mining
_ _
__
Stone and earth minerals
_
Seasonally adjusted, combined index
Manufactures
Durable manufactures.— .
Primary metals
Metal fabricating (incl ordnance)
do
Fabricated metal products
do
Machinery.
- _
_. _ _ _ _ _ _ do^_
Nonelectrical machinery
do
Electrical machinery
do
Transportation equipment _
__
Autos, trucks, and parts
Other transportation equipment ___
Instruments and related products
Furniture and
fixtures
Lumber and products
_
Stone, clay, and glass products
Miscellaneous manufactures
Nondurable manufactures
Food and beverage manufactures
Food manufactures
Beverages
Tobacco manufactures
_
__
Textile mill products
Apparel and allied products. _
Leather and products. _ _
Paper and allied products
Printing and publishing
__
Minerals
Coal
_
_
Crude oil and natural gas
Metal mining
Stone and earth minerals
do
do
do
_do_
. _ do
_
.
'151
136
138
141
107
*153
rv 151
P160
r 158
116
'63
27
154
P165
P155
*117
P64
"149
CONSUMER DURABLES OUTPUT
Unadjusted, total output
..
1947-49=100
Major consumer durables
_
do _
Autos.
do
Major household goods
_
_
do
Furniture and floor coverings. _ _ __ _ _do
Appliances and heaters
do
Radio and television sets
do
Other consumer durables
do
Seasonally adjusted, total output.
do
96 ;
Major consumer durables
do
99
105
Autos
do
56
67
Major household goods
_.
do
138
141
Furniture and floor coverings..
do _
124
120
Appliances and heaters
do
137
148
166
Radio and television sets.
_ _ _ _ _ do _
197
Other consumer durables
_ _ _ _ _ _ _ _ do_
113
114
r
Revised,
» Preliminary.
9 In-eludes data nco.t shown separately.
191
117
194
r 197
r 1O«
it 1OQ
"133
n 1O/1
SUEVEY OF CUERENT BUSINESS
S-4
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1059
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES§
Mfg. and trade sales (seas, adj.), total
bil. 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^
Manufacturing and trade inventories, book value, end
of month (seas adj ) total
bil of dol
Manufacturing, total
Durable goods industries
Nondurable goods industries
do
do
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
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Sales value (unadjusted) total
mil. of dol
Durable goods industries total 9
Primary metal
Iron and steel _
_
Fabricated metal
Machinery (including electrical)
Electrical
do
do
-_do
do
do
do
Transportation equipment
Motor vehicles and parts
Lumber and furniture
Stone clay and glass
Nondurable goods industries, total 9
Food and beverage
Tobacco
Textile
Paper
Chomical
Petroleum and coal
Rubber
Sales value (seas adj ) total
Durable goods industries total 9
Primary metal
Iron and steel
Machinery (including electrical)
Electrical
Transportation equipment
'Vlotor vehicles and parts
Lumber and furniture
Stone clay and °lass
Nondurable goods industries total 9
Food and beverage
Tobacco
Textile
Paper
Chemical
Petroleum and coal
Rubber
Inventories, end of month:
Rook value (unadjusted) total
Durable goods industri p s total 9
-
-
do
do
do
do
do
do
do__
do
do._.
do
do_
do
do
do
do
do
do
do
do
do
do
do
do
do
do do
<lo
do
do
do
do
do
Iron n r d steel
Fabricated metal
M-cichnifrv (including electrical)
Electrical
Tronsportatioii equipment
IVlotor veh'c'es and parts
Lumber tinr^ fur r iiture
Stonp clav and glass
By stapes of fabrication:
Purchased materials
bil. of dol
Finished goods
Nondurable roods industries total 9
F^od arid b^ve^a^e
Tobacco
do
mil of dol
do
do
Paner
Chemical
Pf'trolor'in and coal
Rubber
By stages of fabrication:
Purchased materials
Finished soods
do
do
clo
do
do
do
do
do
do _ _ i
do
do
--do
bil. of dol__
do
54.8
55.6
56.1
57.4
57.4
58.0
59.2
60.6
61.5
62.0
61.7
59 5
59 9
26.8
12.7
14.1
11.4
4.1
7.3
16.6
5.1
11.5
27.2
12.9
14.2
11.5
4.1
7.4
16.9
5.4
11.6
27.5
13.3
14.2
11.6
4.3
7.4
17.0
5.5
11.4
28.1
13.6
14.5
11.7
4.3
7.4
17.6
5.8
11.8
28.1
13.5
14.6
11.8
4.3
7. 5
17.5
5.8
11.6
28.5
13.9
14.6
11.9
4.4
7.5
17.6
5.9
11.7
29.1
14.4
14.7
12.2
4.6
.7.6
17.9
6.0
11.9
30.3
15.2
15. 1
12.4
4.7
7.7
18.0
6.1
11.8
30.7
15.5
15.2
12.5
4.9
7.7
18.2
6.1
12.1
31.2
15.8
15.5
12.6
4.9
7.7
18.2
6.2
12.0
30.9
15.4
15 5
12 5
4.8
7 7
18.3
6.2
12. 1
' 29 2
18.1
6.1
12 0
29 6
14.1
15 5
12.5
4.6
7 9
17.8
5.8
12 0
85 0
84.9
85 0
85. 1
85.6
86.0
86.6
87.6
88.3
89 3
89 9
'89 5
89 1
49.3
28.0
21.2
49.3
27.9
21.4
49.3
27.9
21.4
49.2
27.8
21.4
49.5
28.1
21.4
49.9
28.4
21.5
50.5
28.9
21.5
51.1
29.4
21.7
51.6
29.7
21.9
52.1
30.2
21.9
52.2
30.3
21.9
••52.1
30 1
••22.0
51.8
29 7
22.1
12.1
6.2
5.9
23.7
10.5
13.2
12.1
6.2
5.9
23.5
10.3
13.2
12.1
6.3
5.8
23.6
10.5
13.1
12.0
6.3
5.7
24.0
10.8
13.2
11.9
6.3
5.6
24.2
11.0
13.2
11.9
6. 3
5.6
24.1
11.0
13.2
12.0
6.3
5.6
24.2
11.1
13.0
12.1
6.4
5.7
24.5
11.3
13.2
12.2
6.5
5.7
24.5
11.5
13.1
12.4
6.6
5.8
24.8
11.7
13.1
12.5
6.7
'5.9
25.1
11.9
13.2
' 12 6
12.5
6 5
6 0
24.8
11 5
13.3
27, 323
28, 820
26, 729
27,954
27, 329
27, 502
30, 589
30, 885
30, 673
31, 993
29, 246
12, 687
2,069
1,331
1. 696
3,993
1,758
13, 584
2,300
1,495
1,684
4, 112
1,865
12,911
1,999
1,278
1,415
3, 736
1,728
13, 717
2,117
1, 365
1,415
4, 085
1,843
13, 066
2,195
1,434
1,417
3,797
1,580
13, 501
2,320
1,549
1,390
4,125
1,668
15,305
2, 792
1,925
1,622
4,595
1,791
15, 810
2,947
2,033
1,735
4,610
1, 745
15, 727
3,011
2,093
1,718
4,515
1,731
16, 653
3,259
2,313
1,827
4,808
1,868
14, 220 ' 13 049 13, 713
1,785 T 1, 165
1,206
999
435
M17
1,760 r 1, 810
1,930
4, 350 r 4 403
4 761
1,710 r 1, 823
2,025
2,093
1,009
933
757
14, 636
4,571
398
1, 131
958
2,137
2,774
445
26, 804
12 723
2, 065
1, 318
1 593
3,999
1, 712
2, 438
1,318
8-50
701
14, 081
4,312
386
1,027
949
2,071
2, 800
464
2, 588
1,458
982
757
15,236
4,730
408
1,219
1,013
2, 164
2,874
527
27 158
12, 943
2, 182
1,424
1 569
3 993
1.726
2 592
1 494
898
653
14,215
4, 377
385
1, 042
947
2,077
2,903
493
3,208
2, 104
843
640
13, 818
4,347
370
1, 123
917
1, 881
2, 763
425
27, 467
13, 295
2,113
1,374
1 553
3, 951
1,728
3,040
1, 866
891
667
14, 172
4, 436
378
1, 102
93(5
2,023
2, 819
472
3,646
2,415
831
583
14, 237
4, 353
422
1,071
898
1,833
3, 237
502
28, 135
13, 613
2, 256
1,484
1, 586
3,975
1,710
3, 184
2, 046
884
655
14, 522
4,481
414
1,079
955
2, 004
2,970
518
3,275
2,197
829
561
14, 263
4, 251
377
1,083
942
1.947
3, 195
503
28, 143
13, 541
2,230
1,478
1 537
4.017
1, 708
3, 167
2, 003
879
668
14, 602
4,522
428
1, 102
942
1, 932
3, 043
508
3,215
2,019
853
582
14,001
4, 155
364
1, 156
938
1, 853
2, 946
456
28, 481
13, 870
2,421
1, 648
1 526
4, 131
1,724
3, 168
1, 900
894
677
14,611
4, 479
42S
1,140
977
1,930
3, 037
490
3,491
2,304
969
724
15,284
4, 483
404
1, 243
1,018
2, 132
3, 107
526
29, 130
14, 400
2,580
1,782
1, 605
4, 226
1,704
3,212
2, 060
918
731
14, 730
4, 465
4] 6
1, 200
988
1,979
3, 046
506
3, 637
2,367
989
771
15, 075
4,378
399
1,217
1,044
2,247
2, 988
554
30, 266
15, 166
2,792
1,918
1, 684
4, 423
1, 804
3, 385
2,142
995
756
15, 100
4, 507
411
1, 253
1,034
2,090
3,080
543
3,565
2,228
995
789
14, 946
4,598
407
1,199
1, 026
2,185
2,934
524
30, 742
15, 515
2,858
1, 956
1,711
4, 507
1,796
3. 463
2, 178
1,041
766
15, 227
4,617
388
1,310
1, 02G
2, OS9
2,994
524
3,674
2, 268
1,050
829
15, 340
4, 679
451
1, 260
1, 052
2, 180
3,033
546
31, 248
15, 771
2,916
1, 994
1 758
4, 565
1,815
3, 558
2,279
1, 035
768
15,477
4, 614
414
1,281
1, 042
2,125
3,095
520
3,478
2,106
983
781
15, 026
4,610
416
1,119
986
2,044
3, 093
514
30, 858
15, 384
2, 104
1.182
1, 787
4,778
1,899
3, 667
2,310
1, 077
805
15, 474
4, 540
382
1, 256
1, 000
2, 171
3, 093
519
48, 910
27 745
4 099
2 471
2. 785
8, 918
3,356
6 718
49,015
27 687
4 132
2 521
2 840
8. 86'2
3, 306
6 665
2,722
I , 664
1, 148
49, 160
27 684
4 217
2 600
2 809
8, 866
3,312
6, 593
2, 666
1, 683
1, 102
49, 468
27, 873
4 297
2 678
2,810
8 852
3, 295
6. 639
2, 635
1, 728
1, 188
49, 776
28, 178
4,293
2 653
2,903
8, 907
3, 307
6, 695
2, 625
1,713
1,219
50, 190
28, 566
4 °86
2 02?
3 008 1
9, 125
3, 376
6, 738
2 704
1,723
1,249
50, 626
29, 116
4,271
2, 505
3, 151
9, 279
3, 452
6, 90S
2, 760
1, 750
1, 265
51, 053
29, 510
4, 183
2 4GO
3,270
9, 434
3,537
7,034
2,829
1, 706
1,284
51, 545
29, 905
4, 175
2, 420
3, 376
9, 627
3, 643
7, 078
2,872
1,787
1,292
51, 990
30,217
4, 013
2 251
3, 500
9, 801
3, 724
7, 220
2, 9S3
1, 798
1, 295
51, 790
30, 079
4, 007
2 200
3^ 487
9 779
3,682
7, 114
2,910
1.848
1,275
7.7
7. 7
11 3
11 3
8.8
8.7
21, 165
~± 328
4, 736
4,9i7
I,h3^
I,7b3
*? 4S2
^,39! 1
1 v "'
7.7
11 2
8.8
21, 470
4,<'iS
1, St)l
7.9
8.1
11.6 !
11 8
9.6
9.7
21,510 i 21, 543
4, 602 i 4,676
1,951
1, 905
2 W''*
2 Kf'']
1, 492
1, 491
3,745
3.793
3,232
3, 187
1,071
1, 040
8.3
11.8
9.8
21, 640
4, 606
1, 854
8.8
11.7
9.7
21, 773
4, 604
1, 764
961
7.6
11 5
9.1
21, 598
4, 831
1, 994
9 4f')9
1,451
?, 787
3, 1.99
1,023
7. 7
11 5
9.4
21, 624
4,777
1, 997
1,41),"
3.721
3, 39 )
99i>
7.7
11 3
9.0
21, oJ5
4, S91
1,978
2 4'^'2
1, i4,i
3, 791
3,2.,i
1, 004
9.0
'8.9
T 11 r>
11 7
9.4
9.2
21,711 r 21 845
4, 028 ! '4,824
1, 737
M.77S
2 ^03 r 9 •' x 1
r
1,457
1.45S
r
3, 809
3 S28
r
3, 347
3
399
r
1, 032
1,057
8.5
2 9
9.9
8.0
2 9
10. 0
8.9
2 9
9.8
8.8
3 0
9.8
1, 691
1, 164
3, 31 ( <
9*3
8.4
2 9
9.9
S (,-.)
3. ,171
9 4QQ i
1. 474 i
o, 805
3, 175 i
1, 053
8.8
3. 0 i
9.8 1
8.8
3. 0
9.7
8.7
3. 1
9.8
5^7
9 ~7r>
1,497
3, 730
3,312
1, 015
1. 499
3 777
3, 349
1, 013
8.7
31
9.9
8.7
31
10.0
9
r
8.7
31
9.9
14.0
' 15 2
12 2
4.6
' 7 6
6 6
5.9
' 24. 8
' 11 6
13.2
r
28 525
r
r
2, 648
1,361
1r 065
812
r
15, 476
r
4, 579
'413
r
1, 296
'I,
041
r
2, 078
r
3,r 056
480
r
29, 203
r 14 008
r
1 227
'439
r i 703
T
r 4' 651
r
r
r
1 883
3 577
2r 143
991
r
751
r
15, 195
T
4r 511
395
! ' 1, 250
1 r' 1 Oil
1 T 2 09°
3, 071
' 492
r
r
51 524
29 679
r 3 Q7Q
r 2 9-4
'r 3 29o
9 722
r
3 652
7
013
r
2 847
r
1
K58
r
i 2'>Q
'8.6
r 3 I
io!i
29, 878
2,748
1, 384
1 063
758
16, 165
4, 859
418
1,304
1, 084
2,238
3, 180
504
29, 649
14 115
1 200
431
1 788
4 698
1 937
3,601
2 196
90S
702
15, 534
4, 627
410
1, 216
1
052
9
131
3,245
520
""
51, 440
29 493
3 98 5 I
2 °73
3 042
9 054
3, 605
7 1«3
3 031
1 So 2
1 227
8.5
11 8
9.2
21 947
4, 970
1, 872
1. 437
3, «.9 >
3 357
1,089
8.7
3 0
10.2 L _ _
' Revised.
§ 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 below; those for retail and wholesale trade on pp. S~9, S-10, and S-ll.
9 Includes data not shown separately.
SUKVEY OF CUKKENT BUSINESS
November 1959
S-5
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
1959
Septem- October Novem- December
ber
ber
January
February
March
April
May
June
1
i
July
August SeptemOctober
ber
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Inventories, end of month— Continued
Book value (seas, adj.), total .
49, 296
49, 337
49, 297
49, 179
49, 489
49, 921
50,454
51, 052
51, 599
52,138
52, 241
r
52, 116
do
do
do
do
do
do
28, 048
4, 043
2,399
2,842
9,074
3,386
27, 932
4, 005
2,378
2,928
9,026
3,345
27, 877
4, 058
2 430
2,896
8,954
3,366
27 815
4,111
2 £03
2,897
8,904
3,342
28, 106
4,180
2 551
2,962
9,008
3,360
28 408
4,267
2,627
3,008
9,086
3,406
28, 925
4,341
2 644
3,120
9,215
3,458
29, 361
4, 368
2 645
3,175
9,346
3,508
29, 734
4,312
2,574
3,278
9,482
3,557
30 227
4,201
2,447
3,365
9,725
3,648
30, 349
4,108
2,354
3,411
9,802
3,667
T
29 749
30 145
r
3, 980
3 937
r
2 254
2 207
••3 328
3 104
' 9, 826 9,745
••3 680
3 621
do
do
- do
do
6, 751
2,792
1,732
1,212
6,594
2,651
1,721
1,221
6, 576
2,623
1,730
1,223
6, 543
2,548
1,740
1,200
6, 587
2 490
1,724
1,207
6,673
2,574
1,712
1,207
6,854
2 680
1,719
1,216
7,031
2 826
1,731
1,235
7,167
2 955
1,759
1,254
7,386
3, 149
1,764
1,276
7,397
3,175
1,823
1,270
bil. of dol
do
do
7.5
11.3
9.2
7.7
11.3
9.0
7.6
11.3
9 0
7.5
11.3
9 0
7.7
11.4
90
7.8
11.4
9 2
8.1
11.5
9 3
8.3
11.7
9 3
8.5
11 8
9 4
8.9
11.9
9 5
8.9
11.9
9 5
Nondurable goods industries, total 9 --mil. of dol
21, 248
21, 405
21, 420
21, 364
21, 383
21, 513
21, 529
21, 691
21, 865
21, 911
21, 892
4 f98
1,838
2,499
1, 405
3,747
3,271
1,024
4 694
1 857
2,490
1,423
3, 760
3,276
1,022
4 676
1,861
2,456
1,419
3,767
3,324
1, 018
4 670
1 920
2,444
1 443
3,739
3 264
994
4 700
1 881
2,449
1 4F8
3,727
3 281
998
4 752
1 893
2,457
1 ^52
3,727
3 307
1,022
4 797
1 876
2 463
1 455
3 702
3 320
1 030
4 870
1 868
2 482
1 463
3 696
3 367
1 015
4 967
1 873
2 487
1 482
3 730
3 380
995
4 928
1 819
2,532
1 492
3 768
3 366
1 013
4 847
1 838
2,534
1 457
3,847
3 314
1.075
8.6
2.9
9.7
8.7
2.9
9.8
8.6
3.0
9 9
8.6
30
9 8
8.6
3.0
98
8.6
30
99
8.6
30
9 9
8.7
30
10 0
88
30
10 0
9.0
30
99
9.0
3.1
98
__mil. of dol
Durable goods industries total 9
Primary metal
_
Iron and steel
Fabricated metal
__
Machinery (including electrical)
Electrical
_
Transportation equipment _ Motor vehicles and parts
Lumber and furniture
Stone, clay and glass
By stages of fabrication:
Purchased materials
Goods in process
_
Finished goods
Food and beverage
Tobacco
Textile
Paper
Chemical
Petroleum and coal
Rubber
By stapes of fabrication:
Purchased materials
Goods in process
Finished goods
- _
do
do
do
do
do
do
do
-
-
New orders, net (unadjusted), total
bil. of dol
do
do
51, 813
r
7 333
r
3 153
r
1 841
r
1 261
7 223
3 109
1 863
1 278
8.7
11 9
9 5
8.3
11 9
95
21, 971
22 064
r 4 333
4 852
1 945
2 546
1 466
3 942
3 2°8
1 134
r
r 1 gg5
r
2 495
r i 473
r
3 907
r 3 332
r
1 113
r
90
31
9 9
90
31
10 0
30 376
mil. of dol__ 26, 855
28, 667
27, 368
28, 033
28, 215
28, 916
31,868
30, 994
30, 281
32, 302
29,449
••28 493
12, 301
Durable goods industries, total 9 .
do
2,136
Primary metal _..
__
do _
1,382
Iron and steel
_
do
1,673
Fabricated metal
_
do __
4,020
Machinery (including electrical)
do
1,762
Electrical.
do _
Transportation equipment (including motor vehicles)—mil. ofdoL. 1,630
13, 395
2,341
1,496
1,666
3,929
1,722
13,452
2,265
1,445
1, 393
3, 656
1,676
13, 796
2,294
1,534
1,429
4,052
1,885
13, 897
2,835
2,011
1,462
3,868
1,518
14, 759
3,450
2,575
1,601
4,229
1,628
16 452
3, 033
2,064
1,688
5,193
2,133
15 858
2,671
1,738
1,665
4 679
1,791
15 131
2, 551
1 650
1,668
4,590
1,716
16 936
2, 583
1,731
1,775
5 409
2,370
14, 424
1,749
977
1,793
4,658
1,897
r 13 120
r
1 633
2,674
3,587
3,501
3,057
2,884
3,614
3,792
3,333
4,039
3,161
2 342
2 666
Nondurable goods industries, total
do
Industries with unfilled orders © __ _ _ do
Industries without unfilled orders J
.--do
14, 554
3,096
11, 458
15, 272
3,420
11, 852
13, 916
3,213
10, 703
14, 237
3,026
11,211
14, 318
3,112
11, 206
14, 157
3,313
10, 844
15, 416
3,557
11, 859
15, 136
3,442
11, 694
15, 150
3,524
11, 626
15,366
3,465
11, 901
15, 025
3,203
11, 822
15 373
r
3 399
r
11, 974
16 050
3 514
12, 536
27, 047
27, 903
27, 797
28, 365
28, 502
29, 702
30, 229
31, 206
30, 541
31, 404
30, 827
r
28 951
30 641
12, 859
2,334
1,553
1,578
4,242
1,849
13, 530
2,414
1,558
1,602
3,975
1,703
13, 574
2,262
1,417
1,601
4,019
1,872
13, 673
2,210
1,489
1 458
4,047
1,890
13, 900
2,727
1,934
1, 523
3,937
1,564
14, 918
3,236
2,429
1 685
4,198
1,682
15, 323
2,681
1,795
1 608
4,839
2,094
15, 796
2,826
1 829
1 632
4,632
1,822
15, 241
2,479
1,586
1 619
4,626
1,744
16, 133
2,578
1,714
1 811
4,922
2,021
15, 493
2,018
1, 149
1 793
4,893
1,928
r
13 974
r
1 689
15 018
1 965
1 137
1 853
5*211
2 237
1,946
2,835
3,007
2, 9,^8
3,038
3,038
3,437
3,655
3,498
3,841
3,631
New orders, net (seas, adjusted), total
do
Durable goods industries, total 9
do __
Primary metal
do
Iron and steel
- do
Fabricated metal
do
M a ch iner y (including electrical)
do
Electrical..
_ __
do_ _
Transportation equipment (including motor vehicles)
mil. of dol
Nondurable goods industries, total
do
Industries with unfilled orders © _
do
Industries without unfilled orders 5
- --do
Unfilled orders, end of month (unadj.), total . do
Durable goods industries, total 9
do
Primary metal
do
Iron and steel
.
do _
Fabricated metal
_ do
Machinery (including electrical)
_ _ do
Electrical
do
Transportation equipment (including motor vehicles)
.mil. of dol
Nondurable goods industries, total ©
do
14, 188
3,127
11, 061
14, 373
3,196
11, 177
46, 232
46, 079
46, 718
46, 797
47, 683
43, 577
3,867
2,803
3,086
16, 308
9,534
43, 388
3,908
2,804
3,068
16, 125
9,391
43, 929
4, 174
2,971
3,046
16, 045
9,339
44, 008
4, 351
3, 140
3,060
16 012
9 381
44, 839
4,991
3,717
3, 105
16 083
9 319
46, 097
6,121
4,743
3,316
16 187
9 279
47, 244
6,362
4,882
3,382
16 785
9 621
47, 292
6 086
4, 587
3 312
16 854
9 667
46 696
5 626
4, 144
3 262
16 929
9 652
46, 979
4 950
3,562
3 210
17 530
10 154
16, 184
16, 270
16, 649
16, 504
16, 286
15, 955
16, 078
16, 233
16,001
16, 366
16, 049
2,655
2,691
2,789
2,789
2,844
3,000
3,132
3,193
3,423
3,422
14, 223
3,150
11,073
14, 692
3,289
11, 403
14, 602
3,143
11,459
14, 784
3,381
11, 403
49, 097
14, 906
3,453
11, 453
50, 376
15, 410
3,662
11, 748
50, 485
15, 300
3,524
11, 776
50, 093
3,397 I
15, 271
3,269
12,002
50 402
15, 334
3,384
11,950
r
r
r
r
14 326
1 813
1 012
1 796 1 964
4 393
4' 938
1 794 2 131
r 902
r
r q20
r 1 710
'r 4 623
1 927
r
r
3 185
3,130
14 977
3 237
11 740
15 623
3 549
12 074
r
r
r 50 573
51 071
r
47,183
47 254
r 5 332
4 914
r
3,540
4 025
3 243 r 3 229
17 838
17' 828
10 341 r 10 312
47 867
5 939
4 602
3 263
18 005
10 418
r 15 743
15 661
50,605
f
3 204
3 319
BUSINESS POPULATION
Firms in operation, end of quarter (seasonally adjusted)
thousands.
4,586
New business incorporations (48 States) d*_. .number.
12, 932
13, 633
12, 090
16, 458
18, 765
15, 745
18, 119
17, 554
16,660
16, 157
16, 562
1,039
1,271
1,121
1,082
1,273
1,161
1,263
1,292
1, 135
1,244
1,071
97
176
190
550
108
88
176
185
515
118
96
188
215
642
132
104
164
207
582
104
117
185
210
625
126
121
166
202
671
132
104
172
199
567
93
111
167
203
633
130
100
137
203
518
113
542
103
93
191
192
563
105
INDUSTRIAL AND COMMERCIAL FAILURES^
Failures, total _ _
_ _
number. .
Commercial service
Construction
TVf ?voTlffl.fit.Tiring and mining
Retail trade
_ _ _
Wholesale trade
Liabilities (current), total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
_ _
.___do._
do
do
__
do
do
99
176
215 :
657
124
4,645
4,666
14,329
1 135
122
181
187 '
1
14 592
1 144
thous. of dol..
48, 103
47, 268
56, 718
57, 069
73, 564
58, 592
65, 051
71, 907
50,917
49, 197
51, 197
54,501
54, 736
do~
do
- _ _ do
do
do
2, 046
7,841
18, 167
14, 112
5,937
5,306
6,771
12,141 i
16, 103
6,947
5,881
9,483
19, 496
16, 549
5,309
3, 590
10, 058
18, 411
14, 397
10, 613
6,559
8,274
17, 062
33, 197
8,472
4,547
6,911
17,444
22, 327
7,363
5,304
11, 589
22, 558
20, 348
5,252
9,994
8 623
16, 501
22, 839
13, 950
3,336
12 262
10,835
19, 638
4,846
5,069
8 519
12 143
18, 234
5,232
3,147
11 328
14 592
17, 052
5,078
3 160 '
12 061
18 559
15,362
5,359
3 077
12 595
15 974
16 098
6 992
51.3
51.1
50.4
52.0
48.3
53.8
49.2
Failure annual rate (seas. adi.)_No. per 10,000 concerns.
r
87
163
187
506
96
4,621
4,603
53.4
57.4
55.9
!
50.9 i
53.3
58.4
Revised.
* Including Hawaii, 14,664.
9 Includes data not shown separately.
©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
S-6
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
November 1958
1959
January
February
March
April
May
June
August SeptemOctober
ber
July
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS }
Prices received, all farm products
1910-14=100
255
249
247
244
245
243
244
244
245
242
240
239
239
235
228
182
292
157
196
221
205
281
149
201
218
234
273
143
201
213
220
256
151
199
215
267
238
152
199
218
268
238
154
203
220
264
254
155
205
223
261
264
161
205
230
254
269
163
205
229
213
266
163
199
226
215
287
161
200
221
214
281
159
201
220
214
280
156
198
219
241
274
149
203
do
_ _ __ do __
do
do _ _
320
217
124
485
267
212
111
499
241
210
121
498
217
214
126
504
211
218
129
499
225
221
123
505
218
223
117
505
210
225
135
508
223
230
217
508
223
228
297
509
206
222
232
503
211
214
164
504
230
204
146
510
214
208
147
505
Livestock and products
_do
Dairy products __ _
do
Meat animals
do
Poultry a n d eggs
_ _ _ _ _ _ do
Wool
do
Prices paid:
All commodities and services
do
Family living items
_ do
Production items
__do
All commodities and services, interest, taxes, and
wage rates (parity index)
1910-14=100
278
263
340
171
204
274
270
333
162
203
273
272
329
161
202
270
270
328
155
199
270
264
328
161
200
265
258
322
159
197
264
249
327
154
197
261
240
336
135
220
258
232
338
126
240
252
229
329
124
241
252
239
314
139
248
254
251
314
139
249
256
265
307
143
244
248
273
291
138
235
274
286
265
274
287
265
274
288
263
274
287
265
276
288
268
275
288
267
276
287
267
276
287
269
276
288
268
276
288
267
275
289
266
275
288
266
274
••288
••265
275
290
264
294
294
294
295
298
297
298
299
299
298
298
297
297
296
87
85
84
83
82
82
82
82
82
81
81
80
80
79
123.7
123.7
123.9
123.7
123.8
123.7
123 7
123.9
124.0
124.5
124.9
124.8
i 125. 2
125 8
121 5
116 4
118.7
110 3
143.0
126 0
121.5
116 4
118.4
111 2
143.1
126 5
121 7
116 6
118 2
112 8
143 4
126 5
121.5
116 3
117.8
112 9
143.5
126 4
121 5
116 2
117.8
112 4
143.9
126 7
121 4
116 0
117 6
112 2
144.2
126 9
121 4
115 9
117 4
112 5
144 4
127 1
121.5
115 9
117.4
112 6
144.8
127 3
121 6
115 9
117 4
112 7
145 2
127 5
122.2
116 6
118.2
112 8
145.4
127 9
122.7
117 0
118.7
113 1
145.8
128.2
122.4
116.6
118.3
112.8
146.3
128.7
122.9
117.0
118.8
112.8
146.9
do
do
do
do
do
107.1
120.3
114.1
120 7
115.8
107.3
119.7
114.5
121 0
114 6
107.7
119.4
114 5
121 1
113 5
107.5
118.7
114.3
120 1
113.0
106.7
119.0
114.1
121 7
113.8
106.7
118.2
114.0
121 2
112.6
107.0
117.7
113 8
120 7
111.3
107.0
117.6
112.9
123 6
111.5
107.3
117.7
112.6
125 6
111.6
107.3
118.9
112.3
134 5
111.6
107.5
119.4
113.3
130.8
112.0
108.0
118.3
114.1
125.6
109.9
109.0
118.7
115. 5
124.1
110.4
Housing 9
Gas and electricity
Housefurnishings
Rent
IVtedical care
Personal care
do
do
do
do
do
do
127 9
118 0
103 6
138.2
146 5
128.7
127 9
118.1
103 4
138.3
147 1
128.8
128 0
118 1
103 5
138 4
147 4
129 1
128 2
118.2
103 6
138.7
147 6
129.0
128 2
118 2
103 2
138.8
148 0
129 4
128 5
118.5
103 8
139.0
149 0
129.8
128 7
118 5
103 8
139.1
149 2
129.7
128 7
118.2
103 8
139.3
149 6
130.0
128 8
118.7
103 7
139.3
150 2
130.7
128 9
119.3
104 1
139.5
150 6
131. 1
129.0
119.5
104.0
139.6
151.0
131.3
129.3
120.1
103.6
139. 8
151.4
131.7
129.7
121.6
104.0
140.0
152.2
132.1
Reading and recreation
Transportation
Private
Public
Other goods and services
do
do
do
do
do
116 6
141 3
130.4
189.8
127 1
116 6
142 7
131.8
190.4
127 2
117 0
144 5
133.6
191 1
127 3
116 9
144 3
133.3
191.8
127 3
117 0
144 1
133.1
191 8
127 3
117 1
144 3
133.3
191.8
127 4
117 3
144 9
134.0
192 0
127 3
117 7
145 3
134.4
192 6
128 2
117 8
145 4
134.5
192.7
128 4
118 1
145 9
134.9
192.7
129 2
119 1
146.3
135.2
194.2
130.8
119 1
146.7
135.5
194.9
131.1
119.6
146.4
135.3
194.9
131.5
119.1
119.0
119.2
119.2
119.5
119.5
119.6
120.0
119.9
119.7
119.5
119.1
•• 119. 7
119.2
98.4
125.4
120 9
98.0
125.4
120 6
98.4
125.7
120 6
97.0
126.3
120 5
98.1
126.3
120 8
98.0
126.5
120 7
98.9
126.7
120 6
99.6
127.2
120 8
98.5
127.4
120 6
98.1
127.1
120 5
96.4
127.2
120.7
95.6
127.0
120.2
95.9
126.9
121.4
94.4
127.1
120.6
106.1
143.2
105.6
143.7
105.5
144.4
105.4
144.5
105.7
144.7
105.5
145.1
105.6
145.4
106.2
145.4
105.8
145.8
105.2
146.1
105.0
146.1
104.4
146.2
105.0
146.4
104.3
146.4
_do__
do_—
do
do
93.1
97.9
76.1
91.5
92.3
101.5
76.8
88.4
92.1
98.1
75.3
90. 1
90.6
99.2
76.1
87.6
91.5
102.5
76.1
90.3
91.1
105.9
77.0
88.4
90.8
93.6
77.7
91 1
92.4
114.2
79.7
91 9
90.8
107.0
78.6
90 6
89.8
100.9
78.2
89 5
88.4
98.5
78.2
84.8
87.1
92.8
77.7
83.1
88.9
103.1
76.2
82.1
86.5
102.2
75.7
78.5
do_ _
do
do
do_—
do
111.1
117.8
113.7
111.4
107.1
110.0
118.2
113.5
112.1
103.5
109.5
118.0
113.4
112.9
102.5
108.8
117.4
113.5
113.0
101.4
108.7
117.5
113.0
110.8
103.3
107.6
117.7
113.0
110.6
100.9
107.2
119.0
113 0
111.2
99 6
107.2
118.9
112 0
110.6
100 8
107.7
119.5
111 7
110.4
101 4
108.1
119.2
111 9
111.1
101 9
107.5
119.5
113.9
110.6
99.3
105.8
119.5
114.7
107.6
94 8
107.8
119.5
116.2
' 106. 8
'99.7
106.4
120.3
116. 7
107.3
95.1
Commodities other than farm prod, and foods__do-—
Crops
Commercial vegetables
Cotton
Feed grains and hay
Food grains
_
_
Fruit
._ _
Oil-bearing crops
_
Potatoes (incl. dry edible beans)
Tobacco
_
Parity ratio §
_
do
do
do
do
do
do
CONSUMER PRICES
(U.S. Department of Labor indexes')
All items
1947-49=100
Special group indexes:*
All items less food
do
All items less shelter
do
All commodities
do
Nondurables
do
Durables
do
Services
do
Apparel
Food 9
Dairy products
Fruits and vegetables
Meats, poultry, and
fish
WHOLESALE PRICES d"
(U.S. Department of Labor indexes)
All commodities
_
_ 1947-49=100
By stage of processing:
Crude materials for further processing
do
Intermediate materials, supplies, etc
__do
Finished goods O
do
By durability of product:*
Nondurable goods— _
do
Durable goods
do
Farm products 9
— Fruits and vegetables, fresh and dried
Grains
Livestock and live poultry
Foods, processed 9
__ __
Cereal and bakery products
__ __
Dairy products and ice cream
Fruits and vegetables, canned and frozen
Meats, poultry, and
fish
126.2
126.4
126.8
127.2
127.5
127.8
128.1
128.3
128.4
128.2
128.4
128.4
128.4
128.5
do
do_
do
do
do___
do
109.9
122.7
94.4
61.7
104.3
128.2
110.2
123.6
93.9
62 6
106.3
128.2
110.2
123.6
93.2
64 7
105.2
128 2
110.0
123.7
93.2
61 5
105.3
128 2
110.2
124.0
93.0
59 9
107.6
128 2
109.9
123.7
93.0
58 9
107.5
128 4
109 8
123.6
92 8
60 3
107.5
128 4
110.0
123.9
92 9
60 4
107.5
128 3
110 0
123.8
93 1
60 4
107.5
128 3
110 0
123.8
93 4
58 4
107.6
128 3
109.9
123.9
93.5
55 3
107.4
128 3
109 7
123.7
'•93 6
53 8
104.8
128 3
109.9
123.8
r
93. 7
55 0
105.2
128 3
110.0
123.9
93.8
54 6
106.3
128 3
Fuel, power, and lighting materials 9
do_—
Coal
do
Electric power
January 1958—100
Gas fuels
do
Petroleum and products _
1947-49=100
114.1
122 7
100.8
104 1
119.7
113.0
123 8
100.9
106 3
117.5
112.6
123 8
100.8
106 0
116.9
112.9
123 7
100.7
107 8
117.2
113.9
125 3
100 7
112 7
118 2
114.8
126 2
100 8
112 0
119 5
115.0
124 6
100 9
113 1
119 9
114.0
119 3
100 8
108 6
119 4
113.4
118 9
100 9
109 9
118 3
111.2
119 8
100 8
106 8
115 0
111.1
121 1
100 8
105 8
114 8
112.2
122 0
100 6
109 2
116 2
111.9
r 123 o
100 8
112 8
115 1
111.4
123 4
100 7
111 1
114 5
Chemicals and allied products 9
Chemicals, industrial.
__
Drugs and Pharmaceuticals
Fats and oils, inedible
Fertilizer materials
Prepared paint
_
__
123.0
122.7
123.0
123 5
122.8
Furniture, other household durables 9 __ do
123 5 r 123 4
123 4
123.3
123.3
123 4
123 8
123 5
123 6
104.2
104.0
103.8
Appliances, household
do.—
105.0
103.8
104.4
105.1
104.8
105.0
105.0
104.4 ' 104. 3
104.9
104.0
122.8
124.1
123.9
123.7
123.0
Furniture, household
do
124.1
124 2 »• 124 1
123.7
124.1
124.2
123.4
124 0
124 2
90.2
91.3
91.3
89.6
89.1
Radio receivers and phonographs
do
89.1
89.7
90.3
89.7
87.7
89.8
89.9
89.7
87.7
71.2
71.2
70.2
69.3
Television receivers
do—
69.6
70.2
69.3
70.9
69.6
69.6
70.1
70.1
70.1
69.6
r
Revised. * Index based on 1935-39= 100 is 209.3.
^Revisions for 1952-58 are on p. 24 of this SURVEY.
§Ratio of prices received to prices paid (including interest, taxes, and wage rates),
*New series; data prior to August 1958 are available upon request.
9 Includes data not shown separately.
d*For actual wholesale prices of individual commodities, see respective com1
modities. O Goods to users, including raw foods and fuels.
SURVEY OF CURRENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-7
1959
January
February
March
April
May
June
August SeptemOctober
ber
July
COMMODITY PRICES—Continued
WHOLESALE PRICESd*— Continued
U. S. Department of Labor indexes— Con.
Commodities other than farm, etc. — Con.
Hides, skins, and leather products 9 - 1947-49 =100__
Footwear
_
do
Hides and skins
do
Leather
__
do
Lumber and wood products
_ do
Lumber
do
100.2
121.9
59.0
91.3
120.4
121.0
101.4
122.8
62.0
92.8
120.8
120.8
102.3
122.9
65.1
94.7
120.0
120.2
103.6
123.1
66 6
99.2
119.8
120.1
104.1
123.2
68 7
99.3
120.5
121.0
105.4
123.3
73 0
101.0
122.5
123.1
108.5
123.6
87.7
103.6
124.2
125. 5
117.8
128.2
108 5
120.4
126.3
126.8
118.5
129.5
98 6
124.5
128.2
128.9
118.9
130.2
106 7
120.1
128.9
130.4
119.3
130.6
107 7
118.7
128.3
129 9
119.7
132.3
106 9
117.3
128.5
130.3
Machinery and motive products 9
do
Agricultural machinery and equip
do
Construction machinery and equip
do
Electrical machinery and equipment _ _ _ d o _
Motor vehicles
do
149.4
138.9
166.0
152.7
139.0
149.9
139.2
166.8
152.7
139.7
151.2
141.8
168.0
152.4
142.8
151.5
142.9
170.3
152.4
143. 1
151.8
142.9
170.9
152.6
143.1
152.0
143.0
171.4
152.5
143.2
152.2
143.1
171.9
153.1
143.2
152.1
143.0
172.0
153.0
143.2
152.5
143.5
171 9
154.1
143 2
153.0
143.5
171 9
154.2
143 2
153 6
143.4
172 0
156. 1
143 2
153.8
143.4
172.2
155.8
143.2
Metals and metal products 9
Heating equipment
...
Iron and steel
Nonferrous metals
do
_do
do
do
151.3
121.5
171.8
127.3
152.2
121.4
171.4
130.8
153.0
121.4
172 0
133.7
153.0
121.8
171 7
133.2
152.9
121.8
172 0
133.2
153.4
122.0
172 5
134.1
153.6
121.9
171 9
136.1
152.8
121.7
170 8
134.7
153 0
121.7
170 4
136.2
153 3
121.7
171 3
136.1
152 7
121 7
171 8
133 8
152 8
121.6
171 9
133.9
do
do
do
_do
136.7
158.2
127.9
133.1
136.7
158.2
128.1
133.1
136.7
158.4
128.1
133.1
136.9
158.8
128.4
133.1
137.2
159.3
128.6
133.1
137.5
159.6
129.0
133.1
137.7
159. 9
129.3
133.1
138.3
160.0
129.4
133.1
138.4
160.1
129 7
133.1
137.4
160.4
129.7
133.1
137 5
160.6
129 9
133.1
137.4
160. 5
129.7
133. 1
do
do
do
do
131.7
141.8
« r 145. 4
152.8
132 3
143.3
146 6
150 0
132 4
143 6
146.4
150 0
132 3
143.7
141.0
134 3
Nonmetallic minerals, structural 9
Clay products _
_
Concrete products
Gypsum products
Pulp, paper, and allied products
Paper
Rubber and products
Tires and tubes _
_
Textile products and apparel 9 ..
Apparel
Cotton products. _
Silk products
_ __ _
Manmade fiber textile products
Wool products
_ _
r
131.9
142.0
146. 3
152.8
T
131.9
142.1
146. 7
152.8
r
131 3
142.1
145. 6
152.8
r
131 5
142.1
145. 2
151.9
r
131 7
142.1
145. 4
151.9
r
132 0
142.1
146. 0
151.9
r
132 2
143.3
146. 7
151.9
r
132 0
143.3
148 0
151 9
r
T
do
do
do
do. __
do
do
93.3
99.3
87.9
115.8
79.7
99.6
93.2
99.3
87.8
107.1
79.7
98.4
93.1
99.2
88.0
106.0
79.3
97.9
93.3
99.3
88.6
105.1
79.4
97.5
93.3
99.3
88.7
104.7
79.3
97.3
93.7
99.3
89.6
109.3
79.8
97.6
93.9
99.3
90.2
112.1
80.1
97.7
94.1
99.3
90.3
113.6
80 6
99.4
94 5
99.6
90 8
114.0
81 0
100 1
94 9
99.6
91 6
114.2
81 5
102.2
95 3
99.9
91 9
113.4
82 2
103 3
95 7
100.4
92 1
113.7
82 3
104.3
Tobacco mfs. and bottled beverages 9
do
Beverages, alcoholic
do
Cigarettes
do. __
Miscellaneous
do
Toys, sporting goods
_
. . . __do
128.0
120.1
134.8
92.5
118.6
128.8
121.7
134.8
91.2
118.6
128.7
121.7
134.8
93.2
118.6
128 6
121.7
134.8
100.9
118.6
128 6
121.7
134.8
100.8
117.8
128 9
121.7
134.8
98.5
117.9
132 1
121.7
134.8
97.0
117.2
132 2
121.7
134.8
98 8
116.9
132 2
121 7
134.8
95 2
117.0
132 2
121 7
134.8
91 0
117.0
134
126
134
92
117
5
8
8
9
5
134 5
126 8
134.8
92 0
117 7
84.0
80 8
84.0
80 8
83.9
80 7
83.9
80 8
83.7
80 8
83.7
80 8
83.6
80 8
83.3
80 7
83 4
80 6
83 5
80 3
83 7
80 1
84 0
80 1
' 119. 1
132.3
102.4
117.1
127.2
129.3
143.2
153.6
143.4
172.6
156.0
142.0
153 8
121. 4
172 4
136. 1
154 5
121.5
173 0
137.2
r
137. 5
160. 5
130. 2
133.1
137.5
160.4
130 3
133.1
r
132 4
143.8
142. 0
134.3
132 5
144 3
142.3
133 3
95.9
100.6
92 6
113.2
82 1
104.7
95 9
100. 7
93 0
114.2
81 0
104. 1
134 5
126 8
134 8
88 6
117.7
134
126
134
91
117
r
r
153.9
143. 5
172. 6
116. 5
133.5
87 5
112.2
126.2
127.9
r 156. 1
r
r
r
r
r
5
8
8
8
7
PURCHASING POWER OF THE DOLLAR
As measured by —
Wholesale prices
Consumer prices
1947-49=100
do
r
83 5
i 79 9
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE
New construction (unadjusted), total
mil. of dol_
Private, total 9 .
4,745
4,760
4,532
4,139
3,750
3,530
3,862
4,300
4,761
5,161
5,243
5 291
5 097
3, 157
3,176
3,142
2,941
2 620
2 498
2 735
3 015
3 292
3 524
3 633
3 642
3 533
1,746
1,327
366
1,788
1,362
370
1,788
1,375
354
1 679
1,329
291
1 471
1, 170
243
1 374
1,080
238
1 562
1,230
276
1 799
1 370
372
1 972
1 473
438
2 096
1 583
448
2 151
1 625
458
2 135
l' 614
450
2 100
1 590
440
736
167
318
157
500
743
167
322
131
497
754
170
331
112
471
716
168
310
98
432
655
165
273
109
371
636
160
268
112
364
625
154
270
124
411
627
150
276
137
439
687
154
320
158
460
762
161
364
175
474
801
167
379
185
477
811
175
369
189
488
773
166
352
174
466
do
1 588
1 584
1 390
1 198
1 130
1 032
1 127
1 285
1 469
1 637
1 610
1 649
1 564
do
do
do
do
427
155
627
379
429
164
620
371
386
166
494
344
367
118
388
325
359
107
348
316
326
91
319
296
367
100
328
332
385
119
419
362
386
144
549
390
408
159
654
416
407
130
673
400
410
135
695
409
382
136
657
389
do
Residential (nonfarm) 9
do
New dwelling units
_ _
do
Additions and alterations
do
Nonresidential buildings, except farm and public
utilitv, total 9 .
mil. of dol
Industrial
do
Commercial
do
Farm construction
do
Public utility
do
Public, total
Nonresidential buildings
Military facilities.-Highway
Other types
New construction (seasonally adjusted), total
Private, total 9
do
4,105
4,198
4,356
4,451
4, 605
4,639
4,683
4,683
4 718
4 705
4 658
4 581
4 418
do
2,821
2,872
2,948
3 030
3 113
3 127
3 181
3 259
3 300
3 987
3 288
3 245
3 162
1,535
1,590
1,653
1,733
1,793
1,812
1,867
1 952
1 981
1 939
1 924
1 875
1 851
697
167
297
131
442
694
165
295
131
440
702
167
298
132
443
699
166
300
131
449
691
160
304
147
464
694
160
308
144
461
685
156
305
146
467
688
153
311
144
461
716
157
334
143
447
742
163
344
146
446
764
170
351
146
438
772
175
347
145
436
734
168
329
146
413
do
1,284
1,326
1,408
1 421
1 492
1 512
1 502
1 424
1 370
1 336
1 256
387
124
442
397
134
457
395
160
510
400
135
524
396
127
600
397
125
613
395
133
596
388
143
517
1 418
300
144
513
1 418
do
do
do
381
139
511
380
116
510
370
114
3A6
108
466
Residential (nonfarm)
do _
Nonresidential buildings, except farm and public
utilitv, total 9 _
mil. of dol
Industrial
do
CommerciaL _
do
Farm construction
do_ _
Public utility
do
Public, total 9
Nonresidential buildings
Military facilities
Highway
r
_ _ _
Revised.
" Preliminary.
° Revision for August 1958: 144.6.
i Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 43.9 (October); consumer prices, 47.8 (September).
cf See corresponding note on p. S-6.
9 Includes data not shown separately.
504
1
83 9
SURVEY OF CURRENT BUSINESS
S-8
19 58
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1059
195 9
Janu-
ary
Febru-
ary
March
April
May
July
June
August SeptemOctober
ber
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F.W. Dodge Corp.) :
Valuation, total
mil of dol
3,216
3,309
2,594
2,282
2,319
2,307
3,340
3,778
3,542
3,659
3 657
3 084
1,049
2,167
1,071
2,238
927
1,667
887
800
800
1,395
1,519
869
1,507
2,471
1, 207
2,571
1,094
2,447
1, 167
2, 492
1 186
2,470
850
2 234
do
_do __
do
.do
892
1,460
541
323
955
1,595
532
228
775
1,206
518
95
748
981
481
72
818
704
1,022
1,073
1,187
1, 831
1,072
1,677
1, 055
1,762
1,191
1, 690
1,551
1,006
1. 460
458
114
379
207
„ .mil. ofdoL.
1, 348
1,621
1,112
1,352
1,641
1,495
1,538
1,494
Highway concrete pavement contract awards :cf
Total
thous. of sq. yd
Airports
__ __do __
Roads
do
Streets and alleys
_
_
_do _
10, 354
512
6,609
3,233
7,905
143
5,189
2,572
8,589
604
5,697
2,288
10, 261
794
6,775
2,692
Public ownership
Private ownership
By type of building:
Nonresidential
Residential.
Public works
Utilities
do
do
„
Engineering construction:
Contract awards (ENR)§_
372
108
913
1,541
632
161
478
408
638
122
1,314
1,644
1,905
1,967
8,964
2,076
4, 775
2,114
6, 756
7,255
981
4,333
1,941
9, 171
4,531
1,229
5, 115
3,207
9,338
809
5,015
3, 515
403
126
996
848
604
238
631
144
I
2,482 !
1,877
3,058
840
2,218 1
961
10. 222
11, 734
1,088 |
977
6,642
5,792
3.342
4,116
6,971
464
6,703
283
2. 469
4,039
3, 000
3, 420
4, 604
i -21S
2, 565
2, 252
128.8
»• 129. 3
120.4
105. 1
127. 2
87.3
'• 124. 5
117.0
81.4
3.4
102.1
73.5
3.0
1, 325. 0
1, 180. 0
NEW DWELLING UNITS
New permanent nonfarm dwelling units started:
Unadjusted:
Total, privately and publicly owned__ .thousands..
Privately owned, total
In metropolitan areas
Publicly owned
Seasonally adjusted at annual rate:
Privately owned, total
121.0
115.0
109.4
91.2
87.0
94.5
121.0
142.2
137.0
136.7
do
_do
do
110.9
76.9
10.1
112.9
78. 3
2.1
107.0
72.3
2.4
89.5
62.8
84.1
59.7
93.5
60.8
118.1
80.2
137.4
93.3
133.5
91.8
131.1
90.5
do
1, 255. 0
1, 303. 0
1, 427. 0
1. 432. 0
1, 364. 0
101.0
93.6
75.3
3.4
14.8
7.4
100.8
98.7
79.0
3.7
16.0
2.1
83.1
81.0
60.6
3.3
17.1
2.1
69.3
67.7
50.2
71.3
68.5
49.0
72.3
71.4
52.5
14.6
16.3
15.4
Residential construction authorized, all permit-issuing
places:
New dwelling units, total
thousands
Privately financed total
do
Units in 1-family structures
do
Units in 2-family structures
do
Units in multifamilv structures
do
Publicly financed, total
do
1.7
2.9
1.6
2.9
3.2
2.8
1.0
2.9
1, 403. 0 1, 403. 0
3.4
.9
109.6
108. 4
81.4
55
21.5
1.2
4.8
3.5
1, 434. 0 1, 370. 0
122.9
119.1
88.4
5.3
25.3
3.8
113.6
110.6
84.1
4 8
21.7
2.9
r
* 84. 1
5.6
1.6
4.2
1, 368. 0
1,375.0
1, 340. 0
112.9
109.4
85.2
102.7
101.9
80.4
4 1
17.4
97.4
96.7
76.4
4.4
19.7
3.5
.8
3.7
16.6
.7
CONSTRUCTION COST INDEXES
Department of Commerce composite*
1947-49= 100
American Appraisal Co., The:
Average, 30 cities
1913=100
Atlanta
do
New York
do
San Francisco --.
do __
St Lonis
do
Associated General Contractors (all types)
do __
E. H. Boeckh and Associates:!
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete
U.S. avg. 1926-29=100..
Brick and steel
.
__do ...
Brick and wood,
do ._
Commercial and factory buildings:
Brick and concrete.-. .
do __
Brick and steel
do
Brick and wood _
do
Frame
do
Steel
do _
Residences:
Brick
do
Frame. ..
__
do
Engineering News-Record:©
Building
1947-49=100 .
Construction
do
Bu. of Public Roads— Highway construction:
Composite, standard mile (avg. for qtr.)._1946=100__
139
140
139
139
139
140
140
140
141
142
142
142
143
690
756
741
639
671
504
691
756
741
640
671
504
691
756
741
641
671
504
692
756
741
641
671
504
693
756
753
641
672
505
693
765
753
641
672
506
694
768
753
641
672
507
696
768
753
644
672
509
703
771
754
658
688
511
705
771
755
658
688
516
707
771
769
658
689
522
709
771
769
659
690
522
709
772
776
660
689
525
712
778
778
669
690
526
296.9
288.0
285.6
298.3
289.6
286.7
298.8
290.1
287.0
299.6
290.7
287.4
301.1
291.9
288.5
301.2
292.1
289.3
301.4
292.2
289.5
302.8
293. 5
290.9
304.7
295.2
292.3
307.6
297.5
294.3
308.4
298.2
295.0
308.9
298.6
295.3
309.2
298.8
295. 5
309.1
298.8
295. 4
308.5
307.2
286.2
281.8
293.2
309.7
308.1
287.1
282.7
293.8
310.1
308. 7
287.4
282.9
294.4
311.2
309.5
287.8
283.2
295.0
312.8
310.7
288.9
284.5
295.9
312.9
310.9
289.5
285.7
296.0
313.0
311.0
289.7
286.0
296.1
314.7
313.0
290.8
287.7
298.6
316.7
314.7
292.3
289.1
299.9
319.7
317.3
294.1
291.1
301.7
320.5
318.0
294 7
291.8
302. 2
321.0
318. 4
295.0
292.0
302. 5
321.2
318 (i
295. 1
292.2
302. 6
321.2
318 6
295. 0
292 2
302.6
286.3
276.5
287.3
277.5
287.5
277.7
288.0
278. 0
289.2
279.1
290.0
280.2
290.2
280.4
291.6
282. 0
293.1
283.3
295.0
285.0
295.6
285.6
296.0
285.9
296.2
158.7
171.1
158.2
170.9
158.2
170.8
158. 6
171.8
158.9
171.9
159.8
172.5
160.6
173.2
161.0
174.5
162.2
175.5
163.2
178.1
163.9
179.1
164.4
179.4 \
139.2
141.6
1
296.2
286.1
:
164. 3
179. 1
163.9
178.8
137.3
i
137.9
131.9
131.4
131.3
189.0
119 4
124.9
112. 1
117.9
167.7
113.4
131.4
108.2
117.0
141.1
116.1
124.2
109.8
121.5
111.3
114.3
129.5
110.0
119.0
100.0
137.6
142.7
140.0
131.4
145. 5
149.9
147. 5
160. 8
142. 6
174.0
152.1
141.9
162.1
141.5
200.0
161.6
151.1
191.2
144.3
200.1
136.1
140.0
106.1
139.6
204.5
208.2
500 786
239, 396
457, 422
216, 058
510, 264
257, 108
585, 280
276, 178
506, 322
238, 320
529,826
260, 493
490, 161
230, 597
477. 597
211, 489
520, 515
221, 169
523, 850
227, 297
503, 596
202, 142
510, 029
1,083
1,123
1,298
1,146
1,290
1,053
1,136
1,013
428
570
291
345
469
239
376
488
272
317
442
254
2,857
3,881
73, 393
2,432
3, 339
71, 539
2,629
3,522
100, 523
2,352
3,801
112, 983
145 0
128. 5
134.2
142.8
196.5
|
REAL ESTATE
Home mortgages insured or guaranteed by479 877
Fed Hous Adm * Face amount
thous of dol
189, 350
Vet Adm • Face amount
do
Federal Home Loan Banks, outstanding advances to
1,010
member institutions
mil. of dol
New mortgage loans of all savings and loan associa1,215
tions estimated total
mil. of dol
By purpose of loan:
401
Home construction
do
537
Home purchase
- do
277
All other purposes
do
New nonfarm mortgages recorded ($20,000 and under),
2,596
estimated total
mil. of dol__
3,820
Nonfarm foreclosures
number
Fire losses
thous. of dol__ 73, 303
r
286.
137.1
140.8
CONSTRUCTION MATERIALS
Output index composite unadj 9©
1947—49 — 100
Seasonally adjusted 9 0
do
Iron and steel products unadj
do
Lumber and wood products unadj ©
do
Portland cement, unadj
do
:
1, 087
1,183
1,246
1,537
1,557
1,665
1,795
1,257
1,359
1,434
1,555
1,529
1,421
1,374
326
429
257
439
515
303
480
562
317
522
601
311
554
674
327
520
695
315
472
662
287
451
645
278
2,245
3,307
98, 120
2,586
3,933
99, 610
2,776
3,841
90, 689
2,768
3,876
81, 597
2,974
3,946
77, 867
3,100
2,871
2,834
82, 334
74, 660
83, 027
1,101 1
i
1,012
l
Revised.
v Preliminary.
Negative figure due to termination of contract reflected in earlier data.
§ Data for October 1958 and January, April, July, and October 1959 are for 5 weeks; other months, 4 weeks.
'cf Data for September and December 1958 and April, July, and September 1959 are for 5 weeks; other months, 4 weeks
J Minor revisions prior to 1958 are available upon request.
^Copyrighted data; see last paragraph of headnote, p. S-l.
OData reported at the beginning of each month are shown here
for the previous month.
9 Includes data for items not shown separately.
©Revisions for 1955-58 are shown in the September 1959 SURVEY.
SURVEY OF CURRENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-9
1959
January
February
March
April
May
July
June
August SeptemOctober
ber
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adjusted:
Combined index
_ __ 1947-49=100
Business papers
do
Magazines
do
Newspapers
Outdoor
Radio (network)
Television (network)
_
_
- do __
do
do
1950-52=100 -
Tele vision advertising:
Network:
Gross time costs total
thous of dol
Automotive, including accessories
do
Drue's and toiletries
do
Foods, soft drinks, confectionery
do _
Soaps, cleansers, etc
Smokino; materials
All other
Spot:
Gross time costs, Quarterly total Automotive including accessories
Druers and toiletries
Foods ^oft drinks confectionery
Soaps cleansers etc
Smoking materials
All other
- - --do __
do
do
- -
_ _ _
200
218
143
215
217
162
208
221
156
211
218
161
215
232
162
219
225
165
219
232
157
230
232
164
226
243
165
225
235
171
233
226
185
222
235
175
180
145
29
400
202
169
28
430
179
156
27
433
181
145
28
447
188
135
28
444
195
154
24
461
199
127
28
474
222
157
36
467
206
165
30
458
198
156
27
471
216
159
24
474
197
165
19
437
42, 4] 7
3,870
11,363
9,133
52, 526
5,178
14, 537
10, 783
52, 009
3, 999
13, 962
11,032
53, 939
3, 642
52, 076
3,884
1 5, 370
12, 064
48, 885
3, G32
13, 863
10, 848
55. 559
4,009
15, 468
11,643
52, 143
4, 154
13 874
10,015
52 211
3, 987
14, 473
10, 142
48 527
3,406
14 422
9,724
48 136
3,000
13 961
10, 144
4,815
4,933
8,303
5,084
5,948
10, 995
4,816
6,771
11, 430
5,554
5,453
6,764
8,541
5, 421
6, 112
9,010
6, 123
7, 025
11,290
6,019
6,059
12, 022
5,459
6 138
12, 013
5, 323
5 829
9,822
5, 668
6 189
9,173
5 219
6 352
9 496
15,408
11,874
6,031
11,430
do
do
do
do
113,184
1,438
22, 378
32, 282
149, 105
1, 930
30, 696
52 191
156,419
1,816
33. 039
54, 125
158, 904
5 744
26 491
51 023
do
do
do
16,015
8, 330
32, 741
18 261
40, 221
21, 268
8,109
38, 062
23 322
7,770
44, 554
Magazine advertising:
Cost, total
do
Apparel and accessories
_ do __
Automotive, incl accessories
do
Building materials _
_ _ . _ do
Drugs and toiletries
do
Foods, soft drinks, confectionery _ _ _
do _
5,800
61, 224
7,*50
2,742
3,478
5, 826
6,879
71, 529
5,273
6,355
2,684
7,026
9,080
74, 915
4,410
9,727
2,534
7,373
9,617
54, 261
do_
do
do
do
do
do _
3, 166
4,446
3,916
972
2,561
19, 789
4,071
7,099
3,980
1, 652
2, 536
21, 771
4, 506
6, 399
3, 647
thous. of lines
Beer, wine, liquors
.___
Household equip., supplies, furnishings
Industrial materials
Soaps, cleansers, e t c - _ - _ _ _
Smoking materials
All other
_ _
. __
6, COS
3, 675
1,016
2,709
22, 738
3,479
4 831
695
4 922
7, 141
2,708
499
2, 366
17, 574
46
3
13
8
743
271
435
971
41, 070
1, 767
4 950
1,005
3 740
5,578
56, 400
2, 935
4 644
2,783
5 827
9,071
70, 080
4,888
7,428
3,317
6,723
9, 145
73, 862
5,244
7 973
4,635
6 038
8,042
73 922
5,042
8 437
3, 724
6 501
8,316
66 405
2, 669
7 645
3, 423
7 351
9 128
46 054
683
4, 870
1, 674
5 566
7,926
51 025
4, 483
4 250
1,404
5 157
8 292
69
7
3
4
6
7
1,713
2,271
2,455
394
1,777
15, 421
2,965
3, 681
2,894
880
2,290
18, 429
4,326
5,306
3,816
1,322
2, 426
21, 384
3,931
7, 674
4,409
1,392
2,082
22, 441
4, 1 95
7,797
4, 690
1, 046
2, 366
21, 809
4 224
5, 963
4 423
1,002
2 546
18, 031
3,587
3,014
3, 675
608
1,882
12, 569
3,127
3, 554
3 539
479
2 448
14, 292
4 135
6,002
4 826
691
2 518
21, 343
709
482
828
778
325
782
4,990
4,942
4,678
3,637
4,069
4,510
5,320
5,278
4,747
4,067
3,420
4,603
5,434
224, 642
Newspaper advertising linage (52 cities), total... do
53, 406
Classified
- do
Display, total
_ _ _ _ _ _ _ _
_ _ d o _ _ . 171,236
259, 226
55, 071
204, 155
252, 862
53, 268
199, 594
230, 978
45, 796
185, 182
193, 525
51 , 738
141, 787
196, 096
50,742
145, 353
236, 459
59, 326
177, 134
255, 002
63 152
191, 850
263, 826
68 279
195, 547
236, 972
63 289
173, 682
220, 351
63, 390
156, 961
234, 381
67 880
166, 501
246, 914
64 199
182, 715
8,938
3,522
29, 608
129, 167
17 092
4,131
39 486
143, 447
8 458
3,672
4,264
33 309
149, 047
2<* 451
148, 008
8 853
5 721
22 058
105, 155
9 172
3,598
27 607
104, 976
12 150
4,801
30 720
129, 463
15
4
35
135
16
4
35
139
15
5
31
121
14 398
5 035
25 831
111,698
12 959
3 399
24 390
125, 754
12
4
32
134
Linage, total. _ ___
._
Automotive
Financial
General
Retail
_ _ _ _ _
do
do
do
do _
13 565
710
783
590
767
603
091
738
115
514
212
373
584
245
014
411
045
PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:
Goods and services, total
bil. of dol
Durable goods, total 9
do
Automobiles and parts _ _ _ _
do. .
Furniture and household equipment- _ _ _ do._
294.4
299.1
303.9
311 2
313.3
37.1
13.2
17.6
39 8
15.7
17.8
41 3
17.2
17.7
44 1
18 8
18 8
43 6
18 2
18.9
N endurable goods, total 9
Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
do
_ _ - d o __
do
do _
143.1
26.7
76.6
10.7
143 6
26.6
77 0
10.7
145 3
26.7
77 8
11.0
147
27
79
11
7
8
0
1
148 0
27.8
78 8
11.3
Services total 9
Household operation
Housing
Transportation
do
do
_-do_
do
114 2
17.0
38.4
9.1
115 7
17. 2
39.0
9 2
117 4
17.3
39.6
9 3
119
17
40
9
4
6
3
3
121 6
17.8
41.0
9 5
_ _ _
-
RETAIL TRADE
All retail stores:
Estimated sales (unadjusted), total- . . mil of dol
17 360
17 039
21 174
16 225
14 961
17 190
17 589
18 600
18 708
18 332
18 054
5,080
2 447
2,259
188
5,379
2 613
2,407
205
5,343
2 756
2, 561
6,390
3 214
2,965
249
5,121
3 017
2,856
161
4,927
2 899
2,748
151
5,831
3 464
3,283
181
6,208
3 566
3,349
217
6 435
3 696
3,471
225
6 826
3 880
3 641
239
6 419
3 579
3,343
236
6 240
3 410
3, 178
232
850
546
304
932
609
323
937
613
325
1,176
723
453
784
486
298
746
475
271
808
521
287
839
555
284
899
585
314
978
619
359
916
574
342
942
597
345
'921
573
348
1,038
812
225
1,083
841
242
929
704
225
919
631
288
697
523
174
684
517
167
844
651
193
1,041
796
245
1,093
830
263
1 138
876
262
1,135
895
240
1,092
863
229
1,093
866
227
11 981
11 696
1,119
1,135
210
198
457
451
273
287
194
185
9Includes data not shown separately.
14, 784
1,854
391
744
459
260
11 104
868
172
359
183
154
10 034
750
138
322
160
130
11, 359
1,101
171
455
257
218
11 381
996
179
418
217
182
12 165
1,128
213
461
246
208
11 882
1 077
226
410
243
198
11 913
924
184
356
213
171
11 814
958
172
377
231
178
Furniture and appliance group
do
Furniture, homefurnishings stores _ _ do
Household-appliance, TV, radio stores. .do. _
Lumber, building, hardware group
Lumber, building-materials dealers
Hardware stores _ _ _
do __
do_ _
__do
Nondurable goods stores 9
.
do
Apparel group
_
do_ _
Men's and boys' wear stores
do
Women's apparel, accessory stores _ _ - d o _ _ _
Family and other apparel stores.
do_. _
Shoe stores. _
__do
•"Revised.
1 Advance estimate.
r
16, 326
Durable goods stores 9
do
Automotive group
do
Motor-vehicle, other automotive dealers do - _
Tire, battery, accessory dealers
do
11,246
1,042
167
418
256
200
195
17 570
r
5 709
T 2 878
2, 668
210
T
11 861
1, 120
190
428
275
227
T
i 19 024
1
6 371
i 3 474
11,003
i 12 653
i 1, 200
STJKVEY OF CUKEENT BUSINESS
S-10
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
November 1959
1959
1958
Septem- October Novem- December
ber
ber
January
February
March
April
May
June
August SeptemOctober
ber
July
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated sales (unadjusted)— Continued
Nondurable goods stores— Continued
Drug and proprietary stores
mil.
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
_
541
738
581
534
580
1,276
4,068
3,594
1,346
1,280
4,344
3,875
1,384
1,204
4,188
3,720
1,338
1,243
4,475
3,947
1,369
1,158
4,382
3,914
1,282
1,070
3,869
3,445
1,197
1,157
4,108
3,658
1,318
1,215
4,157
3,714
1,348
1,336
4,437
3,966
1,427
1,372
4,271
3,797
1,450
1,458
4,481
3,999
1,516
1,458
4,295
3,823
1,504
r
r
r
1,781
1,049
1,932
1,146
3,358
1, 952
1, 359
768
1,733
986
1,774
1, 045
1,892
1,096
1,879
1,107
1,701
970
1,843
1,057
147
305
384
2,018
1,201
1,444
842
129
289
360
' 1,917
1,126
Estimated sales (seasonally adjusted), totaL.do
16, 563
16, 941
16, 961
17,603
17, 455
17, 575
17, 914
17, 953
18, 223
18, 189
18, 296
«• 18, 109
Durable goods stores?
do
Automotive group
do
Motor-vehicle, other automotive dealers do
Tire, battery, accessory dealers _ __ --do
5, 095
2,600
2,412
5,374
2,819
2,625
5,521
2,906
2,702
5,825
3,256
3,060
5,836
3, 258
3,047
5, 869
3,249
3,045
6,045
3,340
3,128
6,137
3,396
3,175
6,100
3,375
3,154
6,162
3,476
3,268
6,160
3,454
3,249
6,095
3,350
3,135
General merchandise group 9
Department stores, excl mail-order
Mail-order (catalog sales) Variety stores
Liquor stores
of dol
do
do __
do
do _ _
do
do
- do__ _
do
do _
538
556
161
308
390
204
134
300
356
212
132
262
345
138
304
397
120
287
403
147
306
385
r 5, 774
3, 105
2, 894
205
215
883
568
315
868
548
321
880
549
331
889
562
327
902
570
332
918
600
318
940
599
341
936
603
333
929
589
340
952
594
358
928
586
342
Lumber, building, hardware group. _ _
Lumber, building-materials dealers _
Hardware stores
_
926
711
215
940
718
222
942
722
220
919
706
213
904
676
228
979
745
234
1,011
1,047
1,034
787
247
991
756
235
1,009
988
758
230
964
745
219
11, 468
1,042
11, 567
1,068
11, 440
1,033
11, 778
1,101
11,619
1,032
11, 706
1,082
11, 869
1,106
11,816
1,059
12, 123
1,154
12, 027
1,100
12, 136
1,133
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations ..
_
__
__
Seasonally adjusted, total
Durable goods stores 9
Automotive group
Furniture and appliance group
Lumber, building, hardware group
Nondurable goods stores 9
Apparel group
Food group
General merchandise group
"Firms with 4 or more stores:
Estimated sales (unadjusted), total
Firms with 11 or more stores:
Estimated sales (unadjusted) 9
--
General merchandise group 9
Department stores, excl. mail-order
Variety stores
Grocery stores
Lumber, building-materials dealers
Tire, battery, accessory stores
Estimated sales (seas, adj.), total 9
_
181
429
235
188
199
446
261
196
197
450
241
194
201
447
261
197
228
454
273
199
225
441
267
200
217
435
260
188
217
437
257
185
592
12 009
1,111
213
435
260
203
596
1,243
4,274
3,806
1,368
1,240
4,320
3.848
1,376
1,283
4,292
3,836
1,381
592
1,262
4,243
3,767
1,367
1,304
4,342
3,875
1,386
1,312
4,300
3,833
1,388
1,325
4,289
3,815
1,404
r 1, 295
4,305
3,834
1,392
1,319
4,267
3,798
1,411
1,817
1,055
1,805
1,042
1,777
1,051
1,887
1,099
1,826
1,077
1,855
1,072
1,883
1,078
1,935
1,111
2,000
1,146
1,961
1,151
2,030
1,186
1,989
1,183
1, 958
1,142
do
do
do
23, 680
10, 110
13, 570
24, 180
10, 110
14, 070
24, 840
10, 620
14, 220
23, 210
10,640
12, 570
23, 400
10, 920
12, 480
24, 030
11,210
12, 820
24, 680
11, 590
13, 090
25, 270
11, 930
13, 340
25, 010
11, 940
13, 070
24, 640
11, 830
12, 810
do
do
do
do_ _ _
do ___
23, 680
10, 480
3,790
1,980
2,260
23, 490
10, 250
3,650
1,980
2,240
23, 600
10, 460
3,860
1,980
2,240
23, 980
10, 810
4,150
1,950
2,300
24, 190
11,010
4,420
1,960
2,240
24, 120
10, 970
4,400
1,960
2,210
24, 150
11, 120
4,580
1,940
2,220
24, 460
11,290
4,760
1,920
2,230
24, 510
11, 450
4,920
1,940
2,240
24, 800
11, 660
5,060
1,960
2,260
do
do
do
do
13, 200
2,700
2,880
4,030
13, 240
2,680
2,890
4,080
13, 140
2,670
2,860
4,090
13, 170
2,680
2,880
4,140
13, 180
2,740
2,890
4,130
13, 150
2,730
2,880
4,070
13, 030
2,660
2,890
4,030
13, 170
2,720
2,920
4,060
13, 060
2,690
2/930
4,040
13, 140
2,720
2,920
4,120
13, 190
2,720
2,960
4,150
_do
4,128
4,533
4,483
6,023
3,970
3,608
4,181
4,181
4,495
4,398
do
3,566
3,907
3,865
5,178
3,420
3,113
3,626
3,643
3,932
239
15
101
78
251
20
107
72
258
22
111
70
434
40
192
114
179
16
74
55
160
12
69
50
278
18
114
92
224
16
97
70
259
20
113
82
do
do
do
90
74
41
93
76
47
92
73
47
149
75
47
93
69
33
87
67
35
98
75
39
92
76
41
do
_ do
do
do
do
do
1,112
1,216
1,260
2,093
1,166
870
524
168
826
477
176
1,063
1,088
1, 676
1,542
1 565
75
69
78
76
1,470
do
3,685
237
19
103
70
129
309
380
669
220
1,461
134
310
384
731
234
1 648
565
127
292
366
751
239
1,567
139
314
384
509
1 659
579
136
297
376
48
62
569
144
319
387
48
59
143
320
400
614
233
59
69
579
149
307
388
673
201
152
330
387
136
322
410
600
r
1,243
4,242
3,772
1,356
568
592
203
428
240
188
12, 014
1,096
1,232
4,215
3, 754
1,342
563
580
188
422
232
190
r
1,244
4,187
3,726
1,358
Apparel group 9
_
do _
Men's and boys' wear stores
do
Women's apparel, accessory stores.. ... do
Shoe stores
do _
Drug and proprietary stores
Eating and drinking places
Furniture, homefurnishings stores
193
434
257
185
780
229
146
337
411
150
315
399
618
149
323
395
24, 640
11, 870
12, 770
' 24, 520 24, 300
' 11,370
10, 660
»• 13, 150
13, 640
* 25, 090
11, 900
5,240
1,990
2,300
«• 24, 800
24, 800
* 11,620
11, 500
' 4, 930 4,830
' 2, 010 2,000
2,300
2,290
r
r
13, 180
2,740
2,940
r
4, 170
13 300
2,760
2 940
4, 250
4,316
4,298
4,371
3,832
3,778
3,777
3,833
256
20
106
82
207
16
89
68
215
14
97
67
267
16
111
90
99
80
39
99
83
39
100
88
36
98
87
39
99
84
38
1,165
1,174
1,063
1,164
1,199
1,697
1 572
1,679
1 580
705
231
82
89
636
221
82
88
687
236
721
234
1 562
69
72
55
101
3,695
3,698
3,789
3,727
3,772
3,805
3,815
3,935
3,897
3,984
3,972
3 929
235
18
101
72
240
17
104
74
258
20
111
78
240
19
105
74
250
19
109
76
251
18
106
81
232
17
102
70
256
20
109
78
253
20
108
75
266
22
109
81
254
20
107
74
259
19
110
81
70
82
76
89
720
235
81
86
80
78
Apparel group 9
Men's and boys' wear stores .
Women's apparel, accessory stores
Shoe stores
.
_ _ _
do
do
do __
do
Drug and proprietary stores
Eating and drinking places _ _
Furniture, homefurnishings stores. .
do
do
do
94
71
43
94
73
40
97
74
42
100
72
39
98
75
40
97
77
42
101
77
41
96
78
42
101
79
40
101
80
40
102
83
39
103
81
39
103
81
39
General merchandise group 9
Department stores, excl. mail-order
Variety stores
Grocery stores
Lumber, building-materials dealers
Tire, battery, accessory stores
do
.-do
do
do
do
do
1,134
1,134
1,102
1,135
1,125
1,145
1,154
1,198
1,249
1,233
1,289
1 273
1 211
1,629
1,610
1,619
1, 635
1 649
r
Revised.
1
Advance estimate.
673
236
664
240
1,555
1,570
64
73
67
74
658
223
1,573
9 Includes data not shown separately.
71
76
651
243
1,597
65
72
669
228
1,575
62
80
666
242
1,599
64
79
671
248
1,607
70
81
716
236
1,602
70
83
737
260
71
83
748
253
72
77
778
261
72
80
778
247
71
82
i 6, 302
211
1,221
4,169
3,686
1,338
do
do __
do
do
do
General merchandise group 9
do
Department stores, excl mail-order
do
Mail-order (catalog sales)
- _ do
Variety stores
do _
Liquor stores
-do ..
Estimated inventories:
Unadjusted, total
Durable goods stores
Nondurable goods stores
191
432
242
177
208
2,109
1,266
' 17, 783 i 18, 260
194
799
248
221
126
301
373
' 591
i 605
1, 378 i 1 368
4, 215
4.590
3, 746
4, 102
' 1,419
1,445
871
565
306
782
229
221
137
299
381
587
579
858
559
299
do
do
do
do
do
do
211
114
232
324
582
189
Nondurable goods stores 9
Apparel group
Men's and boys' wear stores
Women's apparel accessory stores
Family and other apparel stores _
Shoe stores
196
108
223
354
591
Furniture and appliance group
do
Furniture, homefurnishings stores
do _
Household-appliance, TV, radio stores do
do __
do._
do _ _
204
234
649
596
559
717
248
68
82
i 11 958
SURVEY OF CURRENT BUSINESS
November 1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
S-ll
1959
1958
Septem- October Novem- December
ber
ber
January
February
March
May
April
July
June
August
September
October
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores:
Accounts receivable, end of month:
Charge accounts
1947-49= 100- Installment accounts
do
Ratio of collections to accounts receivable:
Charge accounts
percent
Installment accounts
_ do- _ _
Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
do
Installment sales
do
Sales unadjusted total U.S
1947-49=100
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
-
Minneapolis
New York
Philadelphia
Richmond
St Louis
San Francisco
-
-- -
- --
do
do
do
do
do
do
T
do
do
do
do
do
do
a
r
156
337
162
340
173
350
235
391
196
392
165
381
158
373
156
367
158
366
155
368
145
363
145
368
157
376
48
16
50
15
48
15
49
15
47
15
46
15
48
16
47
15
47
15
49
16
47
15
47
15
42
44
14
42
44
14
43
43
14
44
43
13
44
41
15
43
43
14
43
43
14
43
43
14
43
43
14
44
41
15
44
41
15
46
15
44
41
15
137
141
166
251
106
107
125
130
141
137
121
132
r t 144
161
173
127
129
129
165
149
197
149
154
154
190
173
305
240
228
244
277
201
135
94
94
96
133
112
138
90
96
103
126
113
167
103
114
117
151
134
165
114
123
123
157
141
175
124
134
132
172
154
162
118
130
127
160
147
157
95
110
115
155
135
177
103
124
126
176
135
129
135
151
143
140
142
135
143
158
144
142
150
160
179
186
161
173
227
235
251
286
250
262
93
104
101
113
105
119
99
100
102
114
109
119
119
112
124
138
128
132
122
116
128
139
129
138
127
126
138
156
149
146
135
125
132
146
130
151
107
100
108
129
120
143
127
129
129
155
149
r
r
156
r
131
42
43
15
102
112
138
138
157
P
P
v
v
P
P
173
131
13S
135
i 60
156
P
P
P
P
P
p
146
133
140
156
144
154
135
135
137
143
138
140
138
141
144
144
150
149
168
165
125
122
126
159
144
170
122
125
125
166
149
176
132
134
139
160
151
173
119
124
123
168
150
168
120
129
133
162
155
167
116
129
128
166
156
175
120
130
132
169
150
182
124
135
136
173
158
186
118
133
135
176
154
190
133
140
142
174
154
196
132
139
143
189
163
P
P
P
P
P
P
180
123
132
135
167
154
126
125
130
125
135
149
133
149
136
133
142
156
148
148
127
129
134
160
138
150
133
127
134
159
141
155
141
123
129
146
144
155
127
126
142
156
138
153
131
130
139
158
148
154
139
128
140
157
140
161
134
138
148
161
146
161
139
140
123
128
140
151
131
141
162
P
P
P
P
P
P
136
129
137
149
146
154
157
150
170
152
173
153
136
150
136
152
143
150
153
148
158
151
153
151
148
156
148
159
156
160
P 168
P 161
Sales, estimated (unadj.), total
_ _ _ _ bil. ofdol
Durable goods establishments
_ _ _ do
Nondurable goods establishments
do
11.9
12.8
11.5
4 2
12.0
4 2
7.3
7.8
11.1
38
10.7
38
11.9
4 5
12.2
4 7
12.3
4 8
12.8
51
Inventories, estimated (unadj.), total
Durable goods establishments
__ _ _
Nondurable goods establishments
11.7
Sales seasonally adjusted, total U.S
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
_ do
r
-- -- -
- do_._
do
- do
do
- - - do
do
-
Minneapolis
New York
Philadelphia
Richmond
St Louis
San Francisco
- -
Stocks, total U.S., end of month:f
Unadjusted
Seasonally adjusted
119
124
129
162
148
do
do
do
do
do
do
T
r
1947-49= 100- .
do
133
145
145
r
r
r P 143
133
135
161
154
P 151
P 144
WHOLESALE TRADE
4.4
7.5
do
do
do_ _
4.7
8.1
11.9
6.1
5.6
11.6
12.0
61
6.1
5.8
7.3
11.8
6 2
6.0
5.7
5.9
5.6
6.8
7.5
11.9
6 4
12.0
6 5
5.6
7.6
7.5
12.2
6 6
12.0
6 5
5.6
5.5
5.6
12.7
4 9
7.8
12.2
4 7
7.7
13 0
4 9
12.4
6 7
5 7
12.4
6 7
12.4
6 6
59
12.5
6 5
6 0
7.5
5.7
8.1
EMPLOYMENT AND POPULATION
POPULATION
Population, United States:
Total, incl armed forces overseas §
thousands
r
174, 584
r
174, 861
r
175, 125
r
175, 359
r
175, 591
rl
!75,969
rl
!76,188 ^176,421
rl
!76 639
rl
!76 865
rl
!77 103
rl
!77 374
!
178 252 1178 521
EMPLOYMENT
Noninstitutional population, estimated number 14
years of age and over, total
thousands.. 122, 219
122, 361
122, 486
122, 609
122, 724
122, 832
122, 945
123, 059
123, 180
123, 296
123, 422
123, 549
123, 659
Total labor force, including armed forces
do
71 375
71 743
71 112
70 701
70 027
70 062
70 768
71 210
71 955
73 862
73 875
73 204
72 109
72 629
Civilian labor force, total
Employed
__
Agricultural employment
Nonagricultural employment
Unemployed _
Percent of civilian labor force: 0
Unadjusted
Seasonally adjusted _ _ _ _ _ _
do
do
do
do
do
68 740
64, 629
6,191
58 438
4, 111
69, 111
65, 306
6,404
58 902
3,805
68 485
64, 653
5,695
58 958
3,833
68 081
63, 973
4,871
59 102
4,108
67, 430
62, 706
4,693
58 013
4,724
67, 471
62, 722
4,692
58 030
4,749
68 189
63, 828
5 203
58 625
4,362
68 639
65, 012
5 848
59 163
3 627
69 405
66, 016
6 408
59 608
3 389
71 324
67 342
7 231
60 111
3 982
71 338
67, 594
6 825
60 769
3,744
70 667
67, 241
6 357
60 884
3 426
69 577
66 347
6 242
60 105
3 230
70 103
66 831
Q 124
60 707
3* 272
60
7 2
7.1
55
56
6 0
6.1
6.0
7 0
7 0
61
6 4
58
53
53
4 9
49
56
4 9
5 2
51
4 8
55
4 g
56
4 7
6 0
50, 844
50, 618
51, 374
51, 909
52, 697
52, 770
52, 177
51 849
51 225
49 435
49, 547
50, 345
51 550
51 155
51 237
15, 755
8 814
6,941
51, 136
15, 536
8 663
6 873
51 432
15, 795
8 982
6 813
51 935
15, 749
8 989
6 760
50 310
15, 674
8 990
6 684
50 315
15, 771
9 060
6 711
50 878
15, 969
9 217
6 752
51 430
16, 034
9 314
6 720
51 982
16, 187
9 443
6 744
52 580
16, 455
9 581
6 874
52 343
16, 410
9 523
6 887
711
91
19
187
708
91
19
189
712
94
20
191
713
93
20
192
704
94
20
192
693
94
18
188
688
94
16
180
694
96
15
176
701
97
15
176
713
98
15
178
710
97
17
171
r 639
r 62
r 13g
46
16
136
302
113
297
112
297
111
301
107
296
103
292
101
294
104
297
110
301
112
309
113
311
114
'310
'116
306
115
Not in labor force
__
__ __
thousands
Employees in nonagricultural establishments:
Total, unadjusted (U.S. Dept. of Labor)
Manufacturing
Durable goods industries
Nondurable goods industries
_
do
do
do
do
Mining, total
_ _ _ _ _ _ do
Metal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production
thousands. _
Nonmetallic mining and quarrying
do
r
5.9
123, 785
r 52 066 r 52 660 P 50
' 16, 169 ' 16, 375 p 16,
r 9 Q58 r 9 233 -p q
r 7 HI
r 7 142 p 7
15
r 618
573
168
136
032
P 612
Revised.
» Preliminary.
« Revision for August 1958: 130.
* See note marked "§".
fRevisions for January 1919-December 1954 appear on p. 27 of the May 1959 SURVEY.
§ Estimates for Alaska and Hawaii are included effective with February 1959 and September 1959, respectively; preliminary estimate of civilian population in Alaska (Jan. 1, 1959), 153,000
persons and in Hawaii (Sept. 1,1959), 603,000 persons. Revisions for February 1957-August 1958 (thousands): 170,038; 170,258; 170,496; 170722- 170959- 171198' 171,467- 171 745- 172020172,270; 172,494; 172,726; 172,941; 173,135; 173,359; 173,573; 173,810; 174,054; 174,315.
»
»
»
.
»
»
» .
, ,
©Monthly rates back to January 1947 are shown on p. 44 of the July 1959 SURVEY.
SUEVEY OF CURRENT BUSINESS
S-12
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1959
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees in nonagricultural establishments, unadjusted (U.S. Dept. of Labor)— Continued
Contract construction _
thousands
Transportation and public utilities 9
do-_
Interstate railroads
__
do
Local railways and bus lines
do-._
Trucking and warehousing
do
Telephone.
do
Gas and electric utilities
do
Wholesale and retail trade.
Wholesale trade
Retail trade 9
General merchandise stores
Food and liquor stores
._
Automotive and accessories dealers
Finance, insurance, and real estate
Service and miscellaneous 9
.
Hotels and lodging places
Laundries
Cleaning and dyeing plants
Government
_
- _
Total, seasonally adjusted..
Manufacturing
Durable goods industries
Nondurable goods industries
Mining
Contract construction _
Transportation and public utilities
Wholesale and retail trade
Finance, insurance, and real estate
Service and miscellaneous
Government
2,927
3,886
960
95
781
719
583
2,887
3,897
961
94
811
714
577
2,784
3, 885
951
94
823
713
575
' 2, 486
3,881
952
94
830
709
574
2,343
3, 836
929
93
803
706
572
2, 256
3, 835
931
93
810
705
571
2,417
3, 865
936
93
823
704
569
2,662
3, 879
943
92
828
704
572
2,834
3,914
957
92
841
704
573
2, 986
3, 944
968
93
854
706
575
3,035
3,949
960
92
856
712
586
.do
do
do
do
do .
do
11, 151
3, 016
8, 135
1 421
1, 596
755
11,225
3, 039
8, 186
1 474
1, 597
755
11,382
3,052
8,330
1 575
1,611
763
11.976
3, 065
8,911
1, 943
1, 630
781
11,052
3, 028
8, 024
1,397
1,583
766
10, 990
3, 025
7, 965
1,349
1, 598
768
11,083
3,019
8, 064
1,388
1,599
772
11, 136
3, 024
8.112
1,388
1,605
782
11,234
3, 026
8,208
1,416
1,611
788
11, 352
3, 054
8,298
1, 422
1,617
796
11. 324
3, 069
8, 255
1,397
1, 600
799
do
do _.
do
do
do
do
2,392
6,472
527
312
167
7,943
2, 380
6, 463
479
311
170
8,040
2,374
6, 426
474
309
168
8,074
2,373
6,384
' 468
307
167
8, 373
2, 363
6,314
461
307
166
8, 024
2,371
6, 333
467
304
ins
8, 066
2,386
6, 377
469
305
167
8,093
2,403
6,511
494
308
171
8,111
2,413
6,583
504
312
176
8, 116
2, 442
6, 623
533
317
176
8, 065
2,475
6, 603
603
318
169
7,837
50, 780
15, 529
8, 801
6, 728
50, 582
15,358
8, 625
6,733
50, 877
15, 693
8, 937
6, 756
50, 844
15,701
8. 056
6, 745
51, 086
15,764
9, 007
6,757
51,194
15.819
9,049
6,770
51,456
16,006
9,192
6,814
51, 887
16, 182
9,319
6,863
52, 125
16, 372
9, 462
6,910
52, 407
16, 527
9, 573
6,954
52, 558
16, 580
9, 635
6,945
- 52, 023 - 52, 169 p 52, 006
'• 16. 037 - 16, 151 P 15,993
- 9, 094 - 9, 222 p 9, 097
- 6, 943 - 6, 929 p 6, 896
707
2,698
3, 858
11,151
2,3°2
6,440
8,005
708
2, 698
3,887
11, 154
2, 392
6, 399
7, 986
708
2, 690
3, 875
11.119
2, 386
6, 426
7,980
709
2,550
3, 859
11,143
2, 385
6, 448
8,049
704
2, 650
3,894
11,216
2. 387
6, 443
8,028
693
2, 626
3,880
11,279
2, 395
6, 4«2
8,040
688
2,719
3, 885
11,253
2,398
6, 441
8,056
701
2,829
3, 886
11,333
2,403
6, 479
8, 074
708
2,787
3,917
11,363
2,413
6,486
8,079
709
2, 799
3, 928
11,425
2,418
6,525
8,076
714
2,800
3,920
11, 465
2, 426
6,570
8,083
P612
-633
- 61 5
-2,814 - 2, 776 p 2, 752
3,893 - 3, 894 P 3, 893
- 11, 529 - 11.469 p 11, 500
- 2, 437 - 2, 457 p 2, 457
- 6, 549 - 6, 577 p 6, 536
' 8, 131 - 8, 230 p 8, 263
11, 940
6,579
68
11,721
6,421
67
11,981
6,742
71
11,930
6, 740
73
11,855
6,739
73
11,937
6,794
72
12,117
6,937
73
12, 167
7,025
73
12, 299
7, 139
73
12, 524
7,248
73
12, 433
7,161
72
- 12, 173 - 12, 387 p 12, 191
- 6, 679 - 6, 855 p 6, 768
P74
74
-71
590
297
310
438
897
594
298
313
422
899
579
290
312
426
930
565
282
309
422
943
547
275
313
411
952
537
273
315
413
979
552
277
316
433
1,015
568
285
317
444
1,037
594
294
318
454
1,052
624
302
321
466
1,067
627
302
320
464
1,038
445
457
459
464
469
489
515
529
537
543
521
-132
123
do
do
do
do
do
do
do
do
do
822
1,007
762
1,100
463
480
118
205
380
791
1,005
746
992
358
481
118
207
386
827
1,020
788
1,199
554
484
122
209
379
824
1,038
789
1, 208
567
4«3
119
210
360
820
1,057
791
1,216
581
475
121
209
350
817
1,090
796
1,203
568
473
120
213
360
829
1,113
798
1, 226
591
469
123
216
368
840
1,126
803
1,229
594
464
126
216
372
853
1, 153
814
1,233
600
459
126
219
379
866
1,167
833
1,224
598
451
124
224
385
847
1,149
836
1,207
586
449
121
221
380
-815
- 1, 138
-850
- 1, 132
-520
-445
117
224
401
-841
- 1, 170
-892
- 1, 204
601
446
109
-230
-416
p809
p 1, 153
901
1,201
do
do
do
do
do
5,361
1,178
249
312
166
5,300
1,115
251
237
166
5, 239
1,050
251
178
164
5,190
1,001
250
148
162
5,116
950
243
129
159
5,143
943
239
129
159
5,180
945
239
134
158
5,142
958
235
148
159
5,160
974
242
147
160
5, 276
1,030
245
180
162
5,272
1,062
245
219
163
- 5, 494
- 1, 176
249
-315
- 166
- 5, 532
- 1, 168
236
316
165
p 5, 423
p 1, 081
do
do
do
do
do
do
96
860
371
196
1,055
447
223
548
94
863
371
197
1,051
447
222
551
85
867
372
195
1,053
446
223
548
83
862
372
190
1, 056
443
221
550
79
856
371
186
1,051
440
221
544
76
860
370
189
1,078
440
220
545
72
866
371
193
1,085
441
219
551
70
869
370
196
1,055
443
221
553
69
874
370
200
1, 055
446
223
553
70
883
371
205
1,068
453
227
555
67
872
368
201
1,048
449
226
552
90
887
372
210
- 1, 103
-454
-227
558
-98
890
372
210
- 1, 106
-459
227
- 568
___do
do
do
do
do
do
do
do
do _
do
do .
Production workers in manufacturing industries, unadj.:
Total (U.S. Dept. of Labor). __
thousands...
Durable goods industries
do
Ordnance and accessories
__ ..do
Lumber and wood products (except furniture)
thousands -Sawmills and planing mills
do
Furniture andfixtures.
do
Stone, clay, and glass products
do
Primary metal industries
do
Blast furnaces , steel works, and rolling mills
t housands
Fabricated metal productscf
Machinery (except electrical)
Electrical machinerv
Transportation equipment 9
Motor vehicles and equipment
Aircraft and parts
Ship and boat building and repairs
Instruments arid related products
Miscellaneous mfg. industries
_
Nondurable goods industries
Food and kindred products 9
Meat products
Canning and preserving
Bakery products
Tobacco manufactures
Textile mill products 9
Broadwoven fabric mills
Knitting mills
Apparel and other finished textile prod
Paper and allied products
Printing, publishing, and allied industries. _do
-3,107
3,922
-928
92
- 855
711
- 588
-11,360 - 11, 469 Ml. 573
' 3, 081 - 3, 092 P 3. 120
8.279 -8,377 p 8, 453
- 1, 408
1, 466
1,615
- 1.604
800
-801
- 2, 474
- 6, 582
'• 603
316
166
- 7, 813
-628
305
-324
-468
-628
- 2. 457
-6,610
520
313
169
- 8, 167
p 2, 445
P 6. 601
P 8, 321
-624
304
-328
-468
-609
532
527
527
- 540
-532
535
515
518
527
514
514
517
511
Chemicals and allied products
do
202
204
206
210
199
-208
200
196
197
195
193
194
191
Industrial organic chemicals
do
159
160
158
- 154
159
151
154
150
160
155
153
156
158
Products of petroleum and coal
do
122
122
120
118
122
- 115
119
115
122
119
116
120
120
Petroleum refining
do
172
196
203
-213
204
199
199
202
176
195
198
195
188
Rubber products
do_ _.
325
334
-336
335
339
329
333
331
324
329
315
324
321
Leather and leather products
do
Production workers in mfg., seasonally adjusted:
12, 481
12, 600
12, 612 - 12, 052 - 12, 169
11,979
12, 149
12, 303
11,941
11,884
11,551
11,876
11,725
Total
thousands
7,162
7, 244
7,275 - 6, 717 - 6, 846
6,783
6,914
7,028
6,754
6,708
6, 693
6, 385
6,568
Durable goods industries
do
5,319
5,356
5,337
' 5, 335 - 5.. 323
5,275
5, 196
5,235
5,187
5,176
5,166
5,183
5,157
Nondurable goods industries
do
Production workers in manufacturing industries:
Indexes of employment:
99.4
100.5
- 100. 1
-98.4
96.5
98.0
98.4
101.3
96.5
95.8
96.9
94.8
96.5
Unadjusted
1947-49=100
-98.4
-97.4
102.0
99.5
100.9
98.2
101.9
96.5
96.8
96.1
96.0
93.4
94.8
Seasonally adjusted
do
Miscellaneous employment data:
Federal civilian employees (executive branch) :
United States!
thousands. _ 2, 146. 7 2, 145. 7 2, 145. 5 1 2, 460. 4 2 2, 142. 8 22,140.6 22,142.6 22,147.6 2 2,145. 0 22,171.8 22,177.2 '22,192. 1 2 2,172. 5
208.2
- 211. 1
207.3
213.0
207.7
212.7
207.3
207.6
207.7
1215.5
206.9
207.2
206.5
Washington, D.C., metropolitan area
do
Railroad employees (class I railroads) :
P816
-839
870
839
854
869
845
879
836
852
856
867
864
Total
thousands
Indexes:
P61.8
65.2
65.5
63.5
63.4
64.0
66.0
63.0
62.8
63.8
64.4
65.2
65.0
Unadjusted
1947-49=100..
P61.6
62.4
64.1
63.9
64.9
64.3
64.5
63.1
62.3
65.2
65.9
64.9
66.6
Seasonally adjusted
do
- Revised.
*> Preliminary.
* Includes Post Off ice emplo yees hired for Chris tmas seas 3n; there were abou t 316,700 s>uch em pi oyees in (3ontinent£il U.S. in Decembe r 1958.
marked "f".
9 Includes data for industries not shown.
cf Exc(jpt ordnaiice, mach inery, amI transpor tation eq nipment.
1 Employees in Alaska and Hawaii are included el1'ective w th JanuaiT 1959 ar d August 1959, res pectively. For all branches Df the Fee leral Gov ernment, civilian e mployees
(at the end of January 1959) totaled 13,200 persons and n Hawaii (at the eiid of Aug ust 1959), 21,900 pei sons.
P 2, 9.50
p 3, 903
- 3. 042
- 3, 922
906
92
879
710
585
P616
P328
P455
P583
P232
P883
p 1, 098
P457
P568
P542
P152
p213
P332
* 12, 017
p 6, 729
p 5, 288
>
p 98. 6
p 97. 2
P804
p 60.9
p 62.2
2 See note
in Alaska
SURVEY OF CURRENT BUSINESS
November 19'59
S-13
1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
Septem- October Novem- December
ber
ber
January
February
March
April
May
June
July
August
SeptemOctober
ber
EMPLOYMENT AND POPULATION—Continued
INDEXES OF WEEKLY PAYROLLS
T
r
232.9
155.7
105.5
231.4
152.5
105.0
212.2
158.4
106.8
184.4
160.4
109.4
174.7
158.2
108.0
160. 5
160.4
106.2
179.9
165.1
105.3
205.8
167.0
106.5
223.3
169. 6
110.7
240.0
174.4
115.4
244.4
170.2
106.5
39.9
2.4
40.2
2.3
41.2
39.8
2.4
40.1
2.4
41.2
39.9
2.6
40.3
2.6
41.1
40.2
2.6
40.8
2.7
41.9
39.9
2.3
40.4
2.3
41.5
40.0
2.4
40.3
2.4
41.1
40.2
2.6
40.8
2.6
41.3
40.3
2.6
40.9
2.6
41.0
40.5
2.7
41.1
2.8
41.5
40.7
2.9
41.4
3.0
41.2
40.2
2.7
40.5
2.7
41.2
40.5
'2.9
'40.8
3.0
'40.7
' 40. ;-<
* 3. 0
40.7
'3.0
'41.1
"40.3
"2. 9
"40.8
"2.9
"41.0
41.3
41.1
41.0
41.1
39.1
41.1
40.9
41.0
41.0
38.9
40.2
40.1
40.8
40.9
39.3
40.3
40.2
41.2
40.4
39.8
39.6
39.3
40.3
40.2
40.0
39.5
39.6
40.4
40.5
40.4
40.7
41.0
40.4
41.0
40.9
40.7
40.8
40.0
41.3
41.2
41.1
41.4
40.2
41.6
41.4
41.3
41.6
40.8
41.7
41.7
40.5
41.0
40.8
41.5
38.5
'41.1
'41.3
41.7
'41.6
'39.7
' 40. 6
40.6
'41.3
'41.1
40.1
"40.7
38.7
41.0
40.0
40.4
38.3
40.8
39.5
39.9
38.5
40.8
39.9
40.6
38.8
41.2
40.6
40.6
39.5
40.5
40.7
40.4
40.0
40.4
40.9
40.2
40.7
40.8
41.3
40.3
41.0
41.1
41.4
40.2
41.0
41.5
41.6
40.5
41.6
41.9
41.9
40.8
35.9
41.0
41.3
40.1
'36.6
'41.6
'41.1
'40.5
38. 5
'41.5
41.0
'40.6
39.6
38.6
40.8
39.2
40.3
40.1
40.0
39.7
40.5
39.8
40.4
40.3
40.6
41.0
40.7
38.8
40.7
40.4
41.7
43.0
40.9
39.2
40.9
40.4
40.7
41.0
40.9
39.4
40.7
40.1
40.3
40.2
40.8
38. 6
40.5
40.1
40.7
41.0
40.7
39.3
40.5
40.0
41.0
41.7
40.8
39.6
40.8
40.3
40.9
41.7
40.5
39.5
40.7
40.3
41.0
41.5
40.9
39.2
41.2
40.5
40.8
41.3
40.6
39.2
41.1
40.0
40.2
'40.2
'40.6
39.0
'41.0
'40.4
'39.9
40.1
40.3
38.2
' 41. 0
'40.5
"40.0
do
do
_.do
do
do
do
39.5
2.6
41.6
41.2
42.3
40.1
39.4
2.5
40.9
40.9
40.2
40.2
39.4
2.5
41.0
42.0
37.9
39.9
39.6
2.6
41.0
41.4
38.0
40.2
39.3
2.4
40.5
40.7
38.2
39.7
39.4
2.4
40.0
39.2
38.6
40.1
39.5
2.6
40.2
39.9
38.6
40.1
39.5
2.5
40.2
39.9
39.2
39.7
39.7
2.6
40.8
40.4
39.2
40.5
39.8
2.7
41.0
40.6
39.3
40.7
39.8
2.8
40.9
41.0
38.9
40.7
'40.1
2.9
'41.4
40.8
'41.9
40.2
' 39.8
'3.0
'41.4
43.2
39.2
40.6
^39.7
^2.8
Ml.O
do
do
-do
do
40.1
39.7
39.7
38.9
39.6
40.1
40.4
39.1
39.2
40.3
40.7
39.3
40.1
40.2
40.5
38.6
38.8
39.8
40.2
37.8
38.5
40.3
40.8
38.3
38.1
40.4
40.9
38.4
37.8
40.3
40.8
38.5
38.8
40.4
41.0
38.7
39.3
40.8
41.3
39.2
40.1
40.4
41.1
38.6
'40.7
40.8
'41.6
39.4
'40.8
'39.8
40.3
38.3
^39.8
"40.4
Apparel and other finished textile prod... do
Paper and allied products
do
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries. .do
36.1
42.7
43.7
38.0
36.0
42.7
43.5
37.9
35.8
42.5
43.3
37.9
36.1
42.4
43.4
38.4
36.0
42.4
43.5
38.0
36.7
42.4
43.4
37.9
36.5
42.7
43.7
38.3
36.6
42.6
43.8
38.1
36.6
42.9
44.0
38.1
36.7
43. 0
44. 1
38.1
30.8
43.0
44.4
38.2
'37.4
43.1
44.1
38.3
'36.5
'43.1
44.4
'38.7
P 36. 7
^42.6
Chemicals and allied products _.
Industrial organic chemicals
Products of petroleum and coal
Petroleum refining
Rubber products
Leather and leather products
41.0
40.9
40.7
40.7
40.8
36.7
41.0
40.6
40.2
40.1
40.7
37.0
41.2
40.9
40.6
40.8
40.7
37.5
41.4
41.1
40.2
40.3
41.9
38.5
41.1
41.0
40.9
41.1
41. 1
39.1
41.2
41.1
40.3
40. 6
41.6
38.8
41.3
41.0
41.2
40.8
42.0
38.0
41.6
41.1
40.9
40.9
41.8
37.0
41.6
41.5
41.0
40.8
42.1
37.6
41.5
41.6
40.9
40.4
40.3
38.2
41.1
41.1
41.1
40.6
-42.5
38.3
41.2
'41.1
40.6
'39.9
' 42. 3
'37.8
'42.3
42.5
'41.3
41.0
'41.3
'36.8
39.9
38.6
30.8
35.4
40.0
38.7
29.7
35.8
40.0
39.7
29.9
35.3
40.6
39.7
35.3
38.1
40.1
40.6
34.3
36.3
39.7
40.8
27.0
35.6
39.9
40.4
27.6
35.2
40.1
39.9
32.2
35.2
40.8
41.1
31.3
36.7
41.6
41.3
30.2
38.8
39.2
36.1
32.5
'41.2
'39.4
27.9
' 36. 7
40.8
40.3
31.8
35.4
40.9
45.4
40.3
45.2
41.2
44.0
40. 5
42, 1
41.3
41.5
41.4
41.7
41.2
42.4
40.5
44.3
40.3
44.3
40.2
45.2
41.6
45.1
40.9
'45.4
41.1
44.4
37.8
42 2
36.5
38.1
42 7
36.8
36. 4
39.6
35.4
35. 3
37.9
34.6
35.7
38.5
35.0
34.4
36. 3
34.0
35.9
39.5
35.0
37.0
40.1
36.1
37.4
40.6
36.4
38.0
42.1
36.8
37.6
42.1
36. 3
'38.3
43.0
' 36. 9
36. 6
39.6
35. 7
42.4
39 0
40.9
42.5
3Q o
40.9
42. 6
39 7
41.1
42.9
38.6
41.1
42.6
38. 3
41.0
42.5
38.9
40.9
42.6
38.4
40.8
42.9
38.4
40.7
43.2
38.8
40.5
43.6
39.0
41.0
43 2
39.4
41.1
'43.1
' 39. 2
' 40. 9
42.1
40.7
41.1
Construction (construction workers)
Manufacturing (production workers)
M ining (production workers)
1947-49=100..
do
_ _ _ _ do
257. 7
104.9
'98. 4
244.0
' 109. 2 v 165. 8"
94.3
HOURS AND EARNINGS
Average weekly hours per worker (U.S. Dept. of
Labor) :
All manufacturing industries. _
hours. _
Average overtime
do
Durable goods industries
do..
Average overtime
do
Ordnance and accessories
_ _ __ do.
Lumber and wood products (except furniture)
hours. _
Sawmills and planing mills
do
Furniture and
fixtures
do
Stone clay, and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling mills
hours. _
Fabricated metal products cf
do
Machinery (except electrical)
_ _
do
Electrical machinery
do
Transportation equipment 9
Motor vehicles and equipment
Aircraft and parts
._
Ship and boat building and repairs
Instruments and related products
_
Miscellaneous mfg. industries. _
Nondurable goods industries
Average overtime
Food and kindred products 9
Meat products
Canning and preserving
Bakery products
Tobacco manufactures
Textile mill products 9
Broadwoven fabric mills
Knitting mills
-
_
do
do
do
do
do _
do
do _ _
do
do
do
do
do
Nonmanufacturing industries:
Milliner
do ___
Metal
do
Anthracite
_. _ _ do _
Bituminous coal
do
Petroleum and natural-gas production (except
contract services)
hours
Nonmetallic mining and quarrying _ _ do
Contract construction
__do_. _
Nonbuildin cr construction
do
Buildine construction .._ . _
do
Transportation arid public utilities:
Local railways and bus lines
do
Telephone
do
Gas and electric utilities _
do
Wholesale and retail trade:
Wholesale trade _
.
- _ do
Retail trade (except eating and drinking places) 9
hours. _
General mnrehandise stores
do
Food and liquor stores
do
Automotive, and accessories dealers
do
Service and miscellaneous:
Hotels, vear-round
do
Laundries
do
Cleaning and dyeing plants
do
40.3
40.3
40.1
40.4
40.2
40.0
40.2
40.1
40.3
40.5
40.6
40. 5
40.5
38.0
34.5
36. G
43.7
37.9
34.3
36. 2
43.8
37.7
34. 0
3t). 3
43.7
38.5
30. 6
36. 3
44. 0
38.1
34.7
36.4
44.2
37.9
34.4
36.4
43.9
37.9
34.6
36.3
43.8
37.9
34.4
36.2
44.0
37.9
34.2
36.2
43.9
38.3
34.8
36.8
41.1
38.8
35. 3
37.4
44.0
38.6
'r 35. 3
37. 1
' 43. 9
38.1
34. .'i
30. 7
43.8
39.9
39.3
38.6
40. 4
39.4
39. 4
30. 9
3S.8
'38.7
40.0
39.2
38.3
39.7
39.3
38.5
39.9
39.0
37.4
40.1
39.4
38.1
40.1
39.9
39.5
40.1
40.4
40.2
40.1
40.1
39.7
40.2
39.5
37.9
40. 6
- 39. 6
37.7
40 2
39.7
38.4
85. 39
92. 46
103. 00
85.17
91.83
103. 00
86.58
94.30
103. 16
88.04
96.29
106.43
87.38
94. 94
105. 00
88.00
95. 11
103. 57
89.24
97.10
104. 08
89.87
97. 75
103.32
90.32
98.64
105. 83
91.17
99. 30
105. 47
89. 05
90. 80
105. 06
88. 70
' 95. 88
' 103. 38
80.12
77. OH
73. 80
88.78
80.15
77. 30
73.39
86. 51
77.59
75. 39
73. 03
87. 53
77. 38
75.17
74. 1C.
87. 26
74,84
72. 31
72.54
86. 83
74.26
72. 86
72.32
87.89
77.74
75.85
73.12
90. 20
78. 96
70. 30
72. 40
91.27
80. 56
78. 66
9L 94
82. 19
80. 70
74. 06
92. 16
80.19
79. 13
74. 00
92. 13
' 82. Gl
' -SO. 95
70.31
r
92. 35
Primary metal industries
do
106. 74
106. 59
Blast furnaces, stool works, and rolling mills
dollars— 115. 71
114. 52
r
Revised.
" Preliminary.
9 Includes data for industries not shown separately
cf Except ordnance, machinery, and transportation equipmei it.
108. 08
109. 45
110.80
112. 72
115.34
116.60
117. 58
118.43
108. 19
' 104.81
115. 50
116.40
120. 08
122. 00
125. 36
127. 10
127. 10
129. 38
111.29
' 113.09
Average weekly gross earnings (U.S. Department of
La bo3'):
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
"41.2
"41.5
"40.9
"41.2
" 40. 7
* 38. 6
p 41. 7
"40.4
"41. 2
"37.0
r 89. 17
' 89. ()('.
< HO. 29
r
82.01
79. 17
r 75. o "•
" 81.81
92. o ;
' 90. 58
IUK 07
' i(K). bO
/V 0 '
r
r
"41.8
"40.8
"40.1
119. 35
' ;< ..49"
SUEVEY OF CUEEENT BUSINESS
S-14
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1959
1959
January
February
March
April
May
August SeptemOctober
ber
June
July
99 72
104 75
90 58
109 06
111.22
107. 98
100. 74
94.35
76.95
97 17 r 99 oi r 99
103. 25 ' 102 34 T 102
89 02 ' 89 91 r 90
108. 53
108 14 r 108
111. 10 'T 110. 15
111
106. 78
107 18
106
102. 70 T102. 57 r 99
93.71
93 48 r 93
75.60 ' 76. 76 76
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings (U.S. Department of
Labor) — Continued
All manufacturing industries— Continued
Durable goods industries — Continued
Fabricated metal productsc?
dollars
Machinery (except electrical)
__
do
Electrical machinery
do
Transportation equipment 9
- - -- do
Motor vehicles and equipment _ _ _. - do_
Aircraft and parts
__ do
Ship and boat building and repairs.- __do
Instruments and related products __ _ do
Miscellaneous mfg. industries.
._ _do___
Nondurable goods industries
Food and kindred products?
Meat products
Canning and preserving
Bakery products
_- --
do
do _
do
do
do
Tobacco manufactures
do
Textile mill products 9
do
Broad woven fabric mills
do__
Knitting mills
do
Apparel and other finished textile prod
do
Paper and allied products
do
Pulp, paper, and paper board mills
do
Printing, publishing, and allied industries-do
Chemicals and allied products
Industrial organic chemicals
Products of petroleum and coal
Petroleum refining
Rubber products
Leather and leather products
do
do
do
_ do
do
-- do_
__
-
Nonmanufacturing industries:
Mining
_ _ _ _ _ _
do_
Metal
do
Anthracite
do
Bituminous coal
_ do
Petroleum and natural-gas production (except
contract services)
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._
Gas and electric utilities
__
do _ _
Wholesale and retail trade:
Wholesale trade
do _
Retail trade (except eating and drinking
places) 9
__ dollars
General merchandise stores
do _
Food and liquor stores
- -_ -do _
Automotive and accessories dealers
do
Finance, insurance, and real estate:
Banks and trust companies!
Service and miscellaneous:
Hotels, year-round
-Laundries
Cleaning and dyeing plants
__ -
93 02
94.41
85 79
102.00
100. 04
104. 09
102. 68
89.28
74.56
94 66
96.96
88 91
106. 78
110.70
104. 19
99.72
90.76
75.14
77 03
82.78
93 94
71.06
79 80
76 83
81.80
93 25
66 73
80 00
77 22
83. 64
97 44
62.16
79 80
60 15
59 95
57.96
57 18
55. 23
91 38
99.20
99.56
60 19
60 95
58.98
57 48
55.08
91 38
98 75
99.68
62 72
61 26
59.42
58 16
54.42
90 95
98.72
99.30
66 17
61 10
59. 54
56 74
54. 87
91 16
99. 39
101. 76
95 94
102. 25
112 33
116.00
97 51
57. 99
95 94
101.91
110 15
113.48
97 27
58.46
96 82
103.07
112 46
116 28
98 09
59. 63
97 70
103. 57
111 35
114.86
102 66
61.22
97
103
113
117
100
62
102. 14
98.04
80 08
106. 55
102.40
98 30
77 52
107 76
103. 60
100. 84
78 04
107. 31
105. 56
101. 24
93 19
115.82
105
103
91
114
110.02
95. 34
114.91
117.32
114.25
107 60
95.37
115 82
118.71
115 18
112.06
92.84
110.66
108.11
111. 16
90.74
81. 12
101.84
90.53
81. 51
102. 66
91. 16
82.97
103. 57
88.66
87. 85
64.98
46.92
68.44
83.47
64.81
46. 65
68.42
83 22
96 00
99.06
89 32
110.92
117.82
105. 52
101. 53
91.62
75. 95
78
84
95
64
81
01
46
63
98
20
93 96
99.31
88 88
106. 63
109.06
105. 52
102. 44
91 17
75. 79
77
84
95
66
80
81
65
65
85
19
94 13
100. 61
88 84
105. 59
106. 93
105. 67
99.97
91 13
75. 39
78
83
91
67
81
01
60
73
55
80
95 88
102. 42
89 06
107 04
109. 47
105. 01
102. 18
91 53
75.60
79
84
93
68
81
00
42
77
32
40
96 59
103. 09
88 84
107 83
111. 34
105 67
101. 77
92 21
76. 57
79
84
93
69
80
98 36
104. 00
89 51
107. 98
111.76
105. 71
101. 91
91.98
76.57
00
42
37
38
99
79 40
85.68
94 54
67.42
83 43
79
85
94
66
84
20
87
06
65
21
13
r 108 80
08
80
70
89
95
v 94 35
P 77 33
r go 79 P 80 19
' 86 53 P 86 51
101 95
68 21
85 67
63 53
61 66
59 98
56 68
56. 15
92 01
99 39
100. 44
64 39
63 43
62.17
57 22
55. 85
92 66
100 07
102. 64
65 02
63 27
62.42
57 37
55. 63
92 87
100 74
102. 11
67 51
63 83
63.55
57.66
55.63
93.52
101.64
102. 11
67 99
64 46
64.02
58 41
55.05
94 60
102. 75
102. 87
70 58 r 65 93 ' 63 65 P 62 09
63 83
64 87 r 63 28 P 64 24
63.71 ' 64 90 63 27
57. 13
58 71
57 45
55.57 ' 56. 85 ' 55. 85 v 56. 15
95 03
95 68 ' 96 54 P 94 57
104. 78 ' 104 08 106 56
103. 52
103. 79 ' 105. 65 p 104. 99
00
73
70
55
28
56
97 64
103. 57
114 86
119 77
101 09
62 08
97
103
118
121
103
60
88
73
24
18
74
80
98 18
103. 98
118 20
122 29
101 57
59 57
99.42
105. 83
117. 67
121. 58
101 46
60.54
100
106
117
120
98
61
100. 28
106. 86
118 78
121. 80
86
94
24
71
106. 00
104 45
74 79
112.85
106. 13
104 23
76 45
112 29
106. 27
102. 94
88 55
114.75
108. 94
106. 86
85.45
120. 01
111.49
107 79
82 75
126 49
103. 49
93.14
79.20
104. 98
108 54
89.67
109. 43
105.36
110.37
111 92
87.98
111 03
105. 88
111.65
116. 33
88.82
106. 64
100. 19
108 12
115 36
90.31
110 57
108. 23
110 95
113.00
94.80
113. 59
110.28
114. 44
112.84
95.25
114. 82
112. 06
115.39
112 56
98.08
116 66
117.46
116 66
117.31 r 115 75
98.32
100. 33
116. 56 r 119 88
118. 30 ' 121.26
116. 16 ' 119 19
92.66
81.06
103. 57
92.44
80 81
103. 32
92. 65
82.47
103. 89
92.87
81 79
104. 04
93. 95
82.56
103. 79
95.04
84.20
103. 68
95.92
85.02
105. 37
95.47
86.29
106. 04
88.22
88.48
88.44
88.00
89.24
89.42
90.27
91.13
91.76
r
64.47
45. 90
68.97
83.90
64. 68
48.68
68.24
85 36
66.29
48 23
68.43
87 07
65.95
47. 13
69. 52
86.04
65. 95
47. 40
68.97
86 72
66.33
47.47
68.78
88.44
66.70
47.54
69.14
89.12
67.79
48.72
70.29
90.41
68.68
49.07
72.18
90.20
68.32
' 49 42
'71.23
r
89 12
63 63
60 89
59 09
55 94
55. 08
91 58
99 62
99.94
43
91
79
39
74
50
r
100 53 r 105
'T 106 45 113
116 12 r 120
r
118 50
124
r 105 33 r 102
107 10
60.90 ' 60 48 r 59
r
108. 77
97 71
76 73
' 120 74
r
r
T
95. 68
'85 85
105. 93
91. 53
107
99
88
116
33 P 102
90
18 P 116
23
01 P 102
25 P 59
17
35
18
57
71
14
40
11
116 72
98.12
116 02
113 26
116 38
93 88
89 13
107 27
91 53
67
48
71
87
82
36
20
60
do
66.57
66.93
67.30
67.48
67 14
67.34
68.25
68.06
68.25
67.69
68.06
68.07
67 69
45.09
44.80
51.34
45.65
44 92
52. 80
45. 49
44.23
51.86
46.40
44 69
51.32
45 66
45 20
51. 98
46.28
44.85
50.49
46. 12
45 70
51.82
46. 52
46.28
53.72
46.92
47.27
55.48
47.32
46.92
54.79
47.44
46.22
51.92
47.91
46 33
51.65
47 84
46 85
52.99
2.14
2.08
2.30
2.24
2.50
2.14
2.08
2.29
2.23
2.50
2.17
2.11
2.34
2.26
2.51
2.19
2. 12
2 36
2.28
2.54
2 19
2.13
2. 35
2 29
2.53
2.20
2. 13
2.36
2.29
2.52
2.22
2.15
2.38
2.31
2.52
2.23
2. 16
2.39
2.31
2.52
2.23
2.16
2.40
2.32
2.55
2.24
2.16
2.40
2.32
2.56
2.23
2.16
2.39
2.31
2.55
2.19
2.12
2.35
2.27
2.54
r 2 22
1.94
1.89
1.80
2.16
2.73
1. 95
1.89
1.79
2.11
2.74
1.93
1.88
1.79
2.14
2.75
1.92
1.87
1.80
2.16
2.75
1.89
1.84
1.80
2. 16
2.77
1.88
1.84
1.79
2.17
2.79
1.91
1.85
1.81
2.20
2.82
1.94
1.87
1.81
2.21
2.83
1.96
1.90
1.81
2.21
2.84
1.99
1.94
1.83
2.21
2.84
1.98
1.93
1.83
2.22
2.81
'2.01
1.83
2.22
2.64
'2.02
1.95
1.83
'2.24
' 2.66
p 1.83
P2.22
p 2 64
2.99
2.29
2.39
2.16
2.99
2.28
2.39
2.15
3.00
2.32
2.43
2.19
3.00
2.33
2.44
2.20
3.04
2.32
2.44
2.20
3.05
2.33
2.46
2.21
3.08
2.35
2.48
2.21
3.10
2.35
2.49
2.21
3.10
2.37
2.50
2.21
3.11
2.38
2.50
2.22
3.10
2.37
2.50
2.22
3.09
2.38
'2.49
2.22
3. 10
2.39
'2.51
2.23
P2.38
P2.51
P2.23
2.55
2.55
2 55
2.56
2.22
1.85
2.55
2.52
2.57
2.58
2.21
1.85
2.63
2.70
2.56
2.57
2.23
1.86
2.66
2.74
2.58
2.59
2.24
1.88
2.62
2.66
2.58
2.60
2.24
1.89
2.62
2.66
2.59
2.59
2.25
1.88
2.63
2.67
2.58
2.60
2.26
1.89
2.63
2.67
2.59
2.57
2.26
1.90
2.64
2.68
2.61
2.58
2.26
1.90
2.66
2.68
2.64
2.57
2.29
1.90
2.66
2.69
2.63
2.62
2.28
1.89
2.69
2.74
2.64
2.63
2.28
1.90
'2.71
2.77
2.65
2.61
'2.29
'1.90
2.00
1.94
2.09
2.33
1.69
2.07
2.01
1.95
2.09
2.33
1.71
2.07 !
2.00
1.93
'2.05
2.33
' 1.71
2.07
'• 2. 03
1.95
'2.09
2.36
1.74
2.11
do
do
do
do
- do do
2.00
2.00
1.96
1.98
2.00
1.95
1.98
1.95
1.97
Nondurable goods industries
_ __ _ _ do_ _
1.94
1.94
1.92
1.93
1.90
1.92
1.89
1.89
1.91
Excluding overtime §
do
2.10
2.10
2.06
2.09
2.10
2.04
2.09
2.00
1.99
Food and kindred products 9
do _
2.34
2.34
2.34
2.32
2.31
2.35
2.28
2.35
2.28
Meat products
- do
1.72
1.77
1. 77
1.64
1.75
1.66
1.71
1.75
1.68
Canning and preserving
do
2.06
2.03
2.04
2.02
2.02
2.04
1.99
2.00
1.99
Bakery products
-d°
p
' Revised.
Preliminary.
c" Except ordnance, machinery, and transportation equipment.
9 Includes data for industries not shown separately.
t Revised series (first shown in September 1959 SURVEY); data beginning January 1958 are calculated on a different basis and are not strictly
December 1957.
Derived by assuming that overtime hours are paid at the rate of time and one-half.
Digitized for §FRASER
r go
84
95
r
71
83
80 00
85.48
95 53
66.52
84.25
60
69
60
42
25
19 r> 98 06
91 P 104 17
54 P 91 21
do _
do
do
Average hourly gross earnings (U.S. Department of
Labor) :
All manufacturing industries
- dollars
Excluding overtime^
_
do
Durable goods industries
_ __
do
Excluding overtime §
do
Ordnance and accessories
- do
Lumber and wood products (except furniture)
dollars ._
Sawmills and planing mills
do
Furniture and
fixtures
do
Stone, clay, and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling mills
dollars
Fabricated metal productscf
do Machinery (except electrical)
do
Electrical machinerv
do
Transportation equipment 9
Motor vehicles and equipment
Aircraft and parts
Ship and boat building and repairs
Instruments and related products
Miscellaneous mfg. industries
93 89
95. 60
87 26
100.98
98.43
104. 04
100. 35
89.47
74.19
r
r 1.96
2.14
2.36
2 28
2.56
p 2 21
P 2.36
P 2.57
P2.01
P2.72
P2.29
pl.90
P2.02
P2.ll
comparable with published figures through
SUEVEY OF CURRENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-15
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Average hourly gross earnings (U.S. Department of
Labor) — Continued
All manufacturing industries— Continued
Nondurable goods industries — Continued
Tobacco manufactures
dollars. _
Textile mill products 9
do
Broadwoven fabric mills
_ _ _ do __
Knitting mills
do
Apparel and other finished textile prod _ do
Paper and allied products _ _
do
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries do
Chemicals and allied products
do
Industrial organic chemicals
_ - do
Products of petroleum and coal
do
Petroleum refining
_ do _
Rubber products
do
Leather and leather products
- do
Nonmanufacturing industries:
Mining
do
Metal
do
Anthracite
_ _. __
do _
Bituminous coal
do
Petroleum and natural-gas production (except
contract services)
_
__
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 __
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
dollars-General merchandise stores
_-do
Food and liquor stores
do
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels, year-round
_
_ _ _ _ _ __ do _
Laundries
do
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wages (ENR): §
Common labor
dol. per hr
Skilled labor
_
_
do___
Equipment operators
do
Farm wages, without board or room (quarterly)
dol per hr
Railroad wages (average, class I)
do
Road-building wages, common labor (qtrly) ..do _ _
1.50
1 51
1.46
1 47
1.53
2. 14
2.27
2.62
2 34
2.50
2.76
2.85
2 39
1.58
1.52
1 52
1.46
1 47
1.53
2.14
2 27
2.63
2 34
2.51
2.74
2.83
2 39
1.58
1.60
1 52
1.46
1 48
1 52
2.14
2 28
2.62
2 35
2.52
2.77
2.85
2 41
1.59
1.65
1 52
1.47
1 47
1 52
2.15
2 29
2.65
2 36
2 52
2.77
2.85
2 45
1 59
1.64
1 53
1 47
1 48
1 53
2.16
2 29
2.63
2 36
2 53
2.78
2.86
2 44
1 60
1.65
1 53
1.47
1 48
1 53
2.17
2 29
2 65
2 37
2 52
2.85
2 95
2 43
1 60
1.69
1 57
1 52
1 49
1 53
2.17
2 29
2.68
2 37
2 53
2.87
2 97
2 47
1 60
1.72
1 57
1 53
1 49
1 52
2. 18
2 30
2 68
2 36
2 53
2.89
2 99
2 43
1 61
1.74
1 58
1.55
1 49
1 52
2.18
2 31
2 68
2 39
2 55
2.87
2 98
2 41
1 61
1.73
1 58
1 55
1 49
1 50
2.20
2 33
2.70
2 42
2.57
2.88
2 98
2 45
1 61
1.76
1.58
1.55
1.48
1.51
2.21
2.36
2.71
2.44
2.60
2.89
3.00
2 52
1.59
1.62
1 59
1.56
1 49
1.52
2.22
T
2 36
2.71
2 44
r
2.59
••2.86
r
2. 97
2 49
1.60
2 56
2 54
2.60
3 01
2 56
2 54
2.61
3 01
2 59
2 54
2.61
3 04
2 60
2 55
2.64
3 04
2 64
2 56
2.66
3 16
2
2
2
3
2
2
2
3
2
2
2
3
2
2
2
3
2
2
2
3
2 64
2 58
r
2.69
2. 10
3 04
2 78
3.13
2.67
2.11
3 04
2.78
3.13
2.72
2. 11
3 04
2 73
3.14
2.68
2. 13
3 10
2 78
3.19
2.71
2. 12
3 11
2 75
3.19
2.81
2 13
3 10
2 76
3. 18
2.80
2 13
3 08
2 74
3.17
2.79
2 14
3 07
2 75
3.17
2. 14
2.08
2.49
2 13
2.09
2 51
2 14
2.09
2 52
2 16
2. 10
2 52
2 17
2.11
2 52
2 18
2.12
2 54
2 18
2.13
2 55
2 20
2 18
2 20
2 19
2 20
2 20
1.71
1.36
1 87
1.91
1.71
1.36
1 89
1.90
1.71
1.35
1 90
1.92
1.68
1.33
1 88
1.94
1.74
1.39
1 88
1.97
1.13
1 14
1.33
1. 13
1 14
1.34
1. 14
1 14
1.34
1. 16
1 14
1.34
2.472
3.741
3 389
2.477
3. 753
3 390
2.480
3. 756
3 393
2.453
.88
2.431
2.12
4.0
1.9
3.5
1.5
1.6
67
56
77
17
66
58
77
19
65
58
75
26
67
60
73
27
68
61
74
26
3 23
2.80
2 15
3 07
2 76
3.17
2.80
2 17
3 07
2 79
3.17
2.82
2.18
3.10
2.81
3.20
2 19
2.15
2 55
2 20
2.17
2 56
2 20
2.18
2 57
2.21
2.19
2.58
2 22
2 23
2 24
2 25
2.26
1.74
1.37
1 91
1 96
1.74
1.37
1 90
1.98
1.75
1 38
1 90
2 01
1.76
1.39
1 91
2 03
1.77
1.40
1 91
2.05
1.77
1.39
1 93
2.05
1. 15
1 15
1.35
1. 16
1 15
1 35
1. 15
1 16
1.36
1 16
1 16
1 36
1.17
1 17
1 38
1.18
1 17
1.38
2 482
3.764
3 394
2 504
3.781
3 378
2.504
3.792
3 417
2 503
3.796
3 418
2 503
3.796
3 424
2.535
3.818
3.444
2.568
2.529
1.03
2.546
1.94
2.587
2 531
99
2.530
1.99
3.4
1.7
3.2
1.1
1.7
2.8
1.3
2.8
.8
1.6
2.4
1.1
2.8
.7
18
3.3
1.5
31
.9
17
3.3
1.7
2.6
.8
1.3
3.6
1.9
2.8
1.0
13
471
324
391
463
305
224
136
58
225
75
200
75
712
414
2,400
637
531
5,420
497
296
2,210
357
169
2,430
325
150
2 000
300
140
1,500
2 64
"•1.56
1 59
1.57
1 50
1.53
'2.24
2 40
2.73
r
2 49
2.68
'2.91
3.03
r
2 47
1 61
2.75
3 29
2 64
2 46
2.78
3 28
2.83
2.21
3 13
2 82
'3.23
2.84
2.21
3 17
2 86
3.26
2 22
2. 19
2 59
2 23
2. 19
2 61
2 26
2 26
1.77
1 40
1 92
2 03
1.78
1 41
1 94
2 00
1.18
1 17
1.37
1 18
1 17
1.37
1 19
1 18
1 38
2 549
3. 846
3 449
2.603
3.885
3.483
2 619
3.904
3 450
2 624
3 921
3 526
2.549
2 537
1 00
2.521
2.14
2 543
3 5
2.0
30
1. 1
13
3.6
2.2
2.9
1.3
1.1
4 4
3.0
28
1.3
10
3.3
2.2
3.3
1.3
14
r
2. 5
r
37
T
1.8
r
14
j> l 4
250
90
350
175
400
175
450
185
425
650
425
170
400
100
350
150
1,000
475
250
2,500
550
300
2,750
700
325
2 750
700
750
9 000
700
750
13 000
14 000
r 2 48
r
r
r
r
r
"1.56
v 1 59
v 1 53
v 2 22
p 2 72
v 2 45
P2.88
P 2 48
p 1 61
2 624
3 931
3 540
89
LABOR CONDITIONS
Labor turnover in manufacturing establishments:
Accession rate, total
mo. rate per 100 employees
New hires-,_
__
do _
Separation rate, total
do
Quit. . - - . - _ _
.
_ ____.do
Layoff
do
ndustrial disputes (strikes and lockouts) :
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
.MPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
lonfarm placements
thousands
Tnemployment insurance programs:
Insured unemployment, all programs! do
State programs:!
Initial claims
- _ __ _
do_
Insured unemployment, weekly average. __ do
Percent of covered employmentcf
Beneficiaries, weekly average
thousands-Benefits paid
mil of dol
Federal employees, insured unemployment
thousands- _
Veterans' program (UCX):*
Initial claims
_ _
thousands- _
Insured unemployment, weekly average do
Beneficiaries, weekly average
- __
do __
Benefits paid
mil of dol
Railroad program:
Applications. _ __
___
thousandsInsured unemployment, weekly average___do
Benefits paid
- __ _ _ mil. ofdoL.
r
3 9
p3 7
J>2 5
p4 2
v2 2
650
760
545
514
413
406
398
378
445
520
555
581
564
570
633
2,067
1,867
1,965
2,316
2,739
2,596
2 282
1 936
1,593
1 414
1 477
1 451
1 369
1,174
1,879
4 7
i 1, 767
226 7
1,246
1,696
4 3
i 1, 556
206 0
1,246
1,757
4 4
1
1, 487
170 6
1,910
2,086
5 3
1
1, 739
230 1
1,772
2,489
6 3
1
2, 166
274 7
1.263
2,368
6 0
1
2, 157
251 0
1, 123
2,077
5 3
1
1, 968
250 6
1,086
1,768
4 5
1
1, 708
213 7
880
1,464
38
1
1, 390
162 0
973
1,298
34
i 1, 182
142 9
1.228
1,333
35
1,100
142 5
1 Oil
1,291
34
1,102
133 4
1,203
31
1,097
141 8
1, 309
3 4
31
31
33
34
39
39
38
34
30
28
28
28
27
28
17
42
32
14
17
33
46
38
51
32
64
55
7 1
29
71
66
7 7
28
71
68
8 7
26
64
65
8 5
19
52
53
6 5
23
43
43
56
27
43
39
53
25
44
42
5 2
24
20
121
16.0
22
125
19.8
17
122
20 3
8
94
13 8
6
76
12 5
5
58
91
4
39
8 6
8
35
21 2
87
63
18 9
35
79
27 3
20
118
18. 1
17
113
19.1
936
40
39
41
5 2
r
l
Revised.
» Preliminary.
Includes operations under Federal employees' program.
9 Includes data for industries not shown separately. § Rates as of November 1, 1959: Common labor, $2.624; skilled labor, $3.931; equipment operators, $3.559.
t Beginning with the October 1959 SURVEY, data are revised to include operations in Alaska and Hawaii; figures for State programs are also revised to exclude Federal employees'
•ogram (shown separately below) except as noted.
cf Rate of covered employment expresses average insured unemployment in each month as a percentage of average covered employment for the most recent 12-month period for which data
e available (the lag for covered employment data may range from 6 to 8 months).
*New series. Data relate to persons eligible for compensation under the Ex-Servicemen's Unemployment Compensation Act of 1958 (effective Oct. 27, 1958).
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
November 1959
1958
1959
Septem- October Novem- December
ber
ber
January
February
March
1,161
1,054
1.029
883
822
April
May
June
July
August SeptemOctober
ber
FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
_ __mil. of dol__
Commercial paper
do
1,281
958
1,255
1,209
961
940
Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.:
Total
mil. ofdoL.
Farm mortgage loans: Federal land banks. .do
Loans to cooperatives
_ __ _ _ do
Other loans and discounts
do
3,784
2,036
473
1,275
3,802
2,052
507
1,243
3,791
2,065
526
1,199
3,812
2,089
510
1,214
3,868
2,109
519
1,240
3.959
2,138
518
1,303
4.073
2,175
518
1,381
195, 205
70, 887
40, 520
212, 894
79, 620
43, 594
183, 092
64, 804
38, 224
238, 975
92. 711
48, 690
221, 969
86, 507
44, 505
195, 779
74, 346
39, 635
51, 264
26, 130
255
24, 986
20, 288
51, 538
26, 675
53, 254
28, 006
53, 095
27, 755
52, 223
27, 197
52. 226
27, 020
25, 443
20, 105
26, 229
20, 019
26, 347
19, 951
25, 715
19, 892
25, 350
19, 893
25, 497
19, 860
25, 703
19, 715
25, 905
19, 605
51, 264
19, 171
18, 147
26, 871
51, 538
19, 448
18, 462
27, 003
53, 254
20, 074
18, 994
27, 529
53, 095
19, 526
18. 504
27, 872
52, 223
19, 943
18, 878
27, 163
52. 226
19, 677
18. 540
27, 022
51,491
19. 285
18,192
26, 965
52, 346
19, 542
18 396
26, 983
44.1
43.3
42.1
42.1
42.2
42.6
42.9
571
476
95
486
20
557
—41
557
-59
460
461
425
96
508
—47
60, 118
61, 541
61, 520
63, 507
62, 791
62, 996
4,577
2,620
64, 045
4, 396
2,077
64, 239
4,595
2,893
68, 599
4,841
2,952
Time, except interbank, total 9
._ do
Individuals, partnerships, and corporations
mil. of dol__
States and political subdivisions
do
Interbank (demand and time)
do .
30, 164
30, 230
29, 878
28, 067
1,928
15, 242
28, 192
1,866
14, 733
Investments, total
do
U.S. Government obligations, direct and guaranteed total
mil. of dol
Bills
do
Certificates .
...
do
Notes and bonds
do _
Other securities
_ __ ._
do
44, 467
34, 103
1,477
4,345
Bank debits, total (344 centers)
New York City
6 other centerscf
- -
-
__do
do
do
Federal Reserve banks, condition, end of month:
Assets total 9
do
Reserve bank credit outstanding, total 9
do _
Discounts and advances.
do. __
United States Government securities
do
Gold certificate reserves.
_
do
Liabilities, total 9
Deposits total 9
Member-bank reserve balances
Federal Reserve notes in circulation
do
do
do
do
Ratio of gold certificate reserves to deposit and FR
note liabilities combined
percent..
All member banks of Federal Reserve System, averages
of daily figures:*
Excess reserves
mil. of dol
Borrowings from Fed. Reserve banks
_do
Free reserves
do
Weekly reporting member banks of Fed. Reserve System, 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 Governmentdo
Loans (adjusted), total©
do
Commercial and industrial
do
To brokers and dealers in securities
do
Other loans for purchasing or carrying securities
mil. of dol__
To nonbank financial institutions
do
Real estate loans
_
do
Other loans
do
Money and interest rates :§
Bank rates on business loans:
In 19 cities
New York City
7 other northern and eastern cities
11 southern and western cities
percent
do
do
do
28, 281
10, 364
1,194
1,133
1,038
791
983
729
957
759
946
795
4,184
2,206
515
1,463
4,294
2,237
513
1,543
4,400
2.262
526
1,612
4,470
2,282
542
1,646
4,498
2.300
549
1,650
223, 383
84, 710
47, 485
226, 377
88, 049
46, 955
216, 017
80, 725
44, 646
228. 615
86, 598
46, 429
235 645
89, 600
48, 422
208. 131
75, 233
43, 265
215, 938
81 067
43, 259
51, 491
26, 716
52, 346
27, 176
52, 200
27, 777
51, 965
27, 337
52. 013
28. 181
52 739
27, 865
52 942
28, 469
26, 044
19, 416
52, 724
28, 569
1,229
26, 543
19, 333
26, 690
19, 227
26, 563
19, 203
26, 631
52, 200
19, 687
18, 459
27, 156
51, 965
18, 832
17, 640
27, 402
52, 724
20, 042
18, 905
27, 499
52, 013
19, 364
18, 245
27, 581
52, 739
19 223
17, 760
27 515
52, 942
42.4
41.9
42.0
40.7
41.0
41.1
40.6
417
676
—258
400
—140
—318
-513
472
1, 007
-557
61, 268
60, 057
62, 016
60, 240
60, 835
62, 214
60, 206
65, 168
4,719
2,904
64, 296
4, 583
2,861
63,125
4, 833
5,099
64, 249
5,124
2,934
62, 781
4, 761
2,806
64, 473
4.864
3,056
64, 539
4,699
3,310
30, 375
30, 071
30, 128
30, 337
30, 388
30, 644
30, 967
27, 964
1,742
14, 802
28, 390
1,800
16, 429
28, 101
1,786
14, 039
28, 150
1,800
13, 742
28, 371
1, 786
14, 991
28,411
1,798
13, 790
28, 628
1,840
14, 058
44, 718
44, 906
44, 821
44, 714
43, 443
43, 474
42, 322
34, 351
1,882
4,191
28, 278
10, 367
34, 891
2,546
4,363
27, 982
10,015
34, 627
2, 400
4,325
27, 902
10, 194
34, 701
2,193
3, 817
28, 091
10, 013
33,412
2,351
3,808
27, 253
10, 031
33, 123
2,676
2,854
27, 593
10, 351
31, 877
2,160
2, 673
27, 044
10, 445
407
521
717
506
840
64
516
875
462
497
897
632
327
601
500
984
448
767
29, 022
1.767
14, 189
28, 924
1,652
13, 199
28, 960
1, 569
13, 964
29. 058
1,508
28, 9fi3
41, 333
40, 125
40, 367
31, 095
2, 360
2,372
26, 363
10, 238
29, 980
1,747
2, 157
26, 076
10, 145
30. 242
2,753
1. 850
25, 639
10, 125
63, 351
28, 482
2,187
63, 820
28. 585
2, 106
64, 616
28, 990
1,410
5,294
12, 198
16, 638
1, 438
5, 439
12, 277
16, 644
12,342
1,939
2,309
2,226
2,149
1,362
1, 381
1,430
1, 418
1,742
11, 669
3,477
14,015
1,425
13, 330
39, 129
38, 225
38, 144
29, 054
28, 118
1, 990
1. 033
25, 095
10, 107
28, 194
* 65, 346
«• 29, 479
r
2, 061
65, 244
29, 516
2,115
1. 355
r
5. 550
•• 12, 453
r
16, 536
1,349
5,271
12, 527
16, 769
2,297
1, 093
25, 664
10, 075
2,025
1, 438
5. 577
16, 710
4.87
4.71
4.90
5.07
4.51
4 29
4.49
4.84
4. 50
4 29
4.5(1
4.79
21
00
21
54
r
30,532
2,146
4
4
4
4
903
-493
30, 735
1,315
11, 820
410
— 535
30, 702
2,569
il,694
19,924
18, 818
27, 562
30, 754
1,273
11,599
877
19,290
64, 740
4, 346
1,876
11, 505
616
1 538
64, 174
4 631
4, 279
1,280
11,487
330
692
4,487
2,333
63,004
4.606
3,672
1,660
11,374
957
4, 511
2,318
576
1 617
61, 239
1,271
11, 189
408
921
r
60, 170
1, 830
10, 982
421
954
763
r
2,096
1,116
24, 982
9,950
5. 27
5. 15
5.27
5.44
Discount rate, end of mo. (N.Y.F.R. Bank). ..do
Federal intermediate credit bank loans
do
Federal land bank loans
do
2.00
3.02
5.08
2.00
3. 06
5.13
2. 50
3.23
5.13
2. 50
3.64
5.13
2. 50
3. 78
5.17
2. 50
3.87
5.17
3. 00
3.98
5.21
3. 00
4.07
5.33
3.50
4.25
5.48
3.50
4.53
5.48
3.50
4.82
5.52
3.50
5. 06
5. 60
4. 00
5.07
5.71
4. Of
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)
Commercial paper (prime, 4-6 months)
Stock Exchange call loans, going rate
2.39
2.93
3.65
2.75
3.23
3.75
2.75
3. 08
3.75
2.75
3.33
3.75
2.75
3. 30
3.75
2.75
3.26
3.75
2.88
3.35
3.75
2.98
3.42
3. 75
3.17
3.56
3.96
3.31
3.83
4.19
3.45
3. 98
4.25
3.56
3.97
4.25
4.07
4.63
4.75
4.2,f
4.7:
4.7i
2. 484
3.57
2. 793
3.63
2. 756
3.60
2.814
3.65
2. 837
3.80
2.712
3.85
2. 852
3.88
2.960
4.03
2.851
4.16
3.247
4.33
3.243
4.40
3. 358
4.45
«• 3. 998
4.78
4.1i:
do
do
do
Yield on II. S. Government securities:
3-month bills
... ... . do _ _ _
3-5 year taxable issues
do
4. (V.
i
Savings deposits, balance to credit of depositors:
20, 374
20, 361
20, 335
20, 483
20, 406
20, 334
20, 277
20, 119
20. 551
19, 778
20, 044
20. 067
19, 667
New York State savings banks
mil. of dol__ 19, 641
1,082
1, 070
1,042
992
97(
1, 094
1,023
1,007
1, 134
1, 121
1, 107
1,158
1,146
1, 169
U.S. postal savingsf _
do
f
Revised.
» Preliminary.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
*New series (from Board of Governors of Federal Reserve System). Free reserves are excess reserves less borrowings; negative figures indicate net borrowed reserves.
fRevised series, reflecting change in coverage and format; leaders indicate comparable data not available. Figures through 1958 on old basis appear in the 1959 edition of BUSINE:
STATISTICS; January-June 1959 figures, in September 1959 SURVEY.
©For demand deposits, the term "adjusted" denotes exclusion of interbank and U.S. Government deposits and of cash items reported as in process of collection; for loans, exclusion <
loans to banks (domestic commercial banks only, beginning July 1959) and deduction of valuation reserves (individual loan items are gross, i.e., before deduction of valuation reserves).
§ For bond yields, see p. S-20.
1 Data are as of end of consecutive 4-week periods ending in month indicated, except June figure which is as of June 30 (end of fiscal year).
SURVEY OF CURRENT BUSINESS
November 1959
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of
BUSINESS STATISTICS
S-17
1958
1959
Septem- October Novem- December
ber
ber
January
February
March
SeptemOctober
ber
April
May
June
July
44 916
45 790
46 716
47 256
47 910
48 394
August
FINANCE—Continued
CONSUMER CREDIT
(Short- and Intermediate -term)
Total outstanding, end of month
Automobile paper
Other consumer goods paper
Repair and modernization loans _ _
Personal loans..
_
By type of holder:
Financial institutions, total
Commercial banks
Sales finance companies
Credit unions
Consumer finance companies
Other
_
Retail outlets, total ..
Department stores
Furniture stores
Automobile dealers..
Other
_
Xoninstallment credit, total
Single-payment loans
Charge accounts
Service credit
43 144
43, 164
43 464
45 065
do
33, 079
33, 052
33, 126
33, 865
33, 768
33, 751
33, 943
34, 453
35, 029
35, 810
36, 449
37, 049
37, 495
___do
do
do__ _
do_ _
14, 332
8,312
2,107
8,328
14, 164
8,411
2,128
8,349
14, 066
8 528
2,146
8,386
14, 131
9,007
2,145
8,582
14,155
8 881
2,125
8,607
14, 223
8,767
2,116
8,645
14, 375
8 721
2,127
8,720
14, 686
8 777
2,149
8,841
14, 991
8 911
2,198
8,929
15,419
9 077
2,240
9,074
15, 780
9 183
2,282
9,204
16, 082
9,314
2,323
9,330
16, 259
9,419
2,363
9,454
do .
do
do
do
do
do _
28, 758
12 607
8,891
2 591
3 280
1,389
28, 666
12, 612
8,777
2 613
3,274
1,390
28, 648
12 617
8 708
2 628
3 281
1,414
28, 943
12 730
8,740
2 664
3 381
1,428
29 016
12 856
8 733
2 639
3 374
1 414
29, 070
12 884
8 724
2 661
3 372
1,429
29 324
13 0°8
8 780
2 700
3 371
1 445
29 825
13 312
8*921
2 754
3 379
1 459
30
13
9
2
3
1
333
568
089
802
385
489
31 032
13 882
9 350
2 881
3 416
1 503
31, 656
14 158
9 592
2 935
3 454
1,517
32, 194
14 388
9,785
2 990
3 488
1,543
32,602
14 552
9,925
3 042
3 514
1 569
do
do _
do
do__
do
4,321
1,393
1,110
433
1,385
4,386
1,426
1,126
427
1,407
4,478
1,474
1 149
424
1 431
4,922
1, 702
1 220
425
1 575
4 752
1,615
1 183
4 681
1,611
1 166
4 619
1,581
1 129
4 628
1 582
1 127
4 696
1,606
1 128
425
427
430
439
448
1 529
1 477
1 479
1 480
1 514
4 778
1,639
1 136
461
1 542
4,793
1,626
1 140
473
1 554
4,855
1,662
1 156
483
1 554
4 893
1,701
1 161
489
1 542
do
10 065
10 112
10 338
11 200
10 647
10 320
10 260
10 463
10 761
10 906
10 807
10 861
10 899
do
do
_do_
3 495
4, 033
2,537
3 414
4,191
2,507
3 499
4 297
2,542
3 543
5 018
2,639
3 464
4 504
2 679
3 563
4 004
2,753
3 618
3 883
2 759
3 674
3 997
2 792
3 779
4 220
2 762
3 842
4 318
2 746
3 807
4,272
2,728
3 878
4, 243
2,740
3 925
4 25')
2 724
do
do
do___
3,495
4,033
2,537
3 414
4,191
2,507
3 499
4 297
2,542
3 543
5' 01 8
2, 639
3 464
4 504
2,679
3 563
4 004
2, 753
3 618
3 883
2 759
3 674
3 997
2 792
3 779
4 220
2 762
3 842
4 318
2 746
3 807
4,272
2, 728
3 878
4,243
2, 740
3 925
4 25H
2,724
do
do
do
__do__
3,297
1 105
993
1,199
3, 475
1 173
1,075
1,227
3 338
1 091
1 054
1,193
4, 350
1 360
1 435
1, 555
3 321
1 248
3 247
1 258
'839
1,150
3 786
1 476
1 328
4
1
1
1
4
1
1
1
053
568
124
361
4 432
1 765
1 179
1 488
4,292
1 707
1, 113
1,472
4,139
1 602
1, 116
1,421
4, 103
1 495
1,118
1,400
do
do
do_
do
3 383
1,287
935
1 161
3 502
1 341
976
1 185
3 264
1 189
937
1 138
3 611
1 295
956
1 360
3 418
1 224
1 012
1 182
3 264
]' 190
3 519
1 269
1 018
1 225
3 477
1 263
1 121
3 594
1 324
1 028
1 242
1 224
3 651
1 337
1 013
1 301
3 653
1,346
1,007
1 300
3 539
1,300
985
1,254
3 567
1 318
1, 013
1 236
3 396
1,082
1,005
1 239
3 451
1,199
1,005
1 247
3 594
1 276
1,041
1 277
3 720
1 420
1 002
1 298
3 799
1 437
1 047
1 315
3
1
1
1
816
454
057
305
3 749
1 414
1 058
1 277
3 939
1 502
1 126
1 311
4 045
1 497
1 154
1 394
3 983
1*487
1 121
1 375
4 102
1, 544
1,129
1,429
4 103
1,514
1, 150
1,439
4 105
1 497
1, 131
1 477
3 376
1,246
949
1,181
3 418
1,281
964
1, 173
3 447
1,243
1 001
] 203
3 414
1 262
953
1 199
3 412
1 252
3 483
1 281
3 431
1 265
981
983
1 204
1 221
1 183
3 516
1 282
1 006
1 298
3 602
l'320
956
1 003
1 279
3 531
1 284
1 000
1 247
3, 602
1,317
1, 009
1,276
3,601
1,306
1 010
1, 285
3 620
1, 302
1 037
1 281
8 119
7,208
75
3 446
2, 769
82
5 979
4 962
72
6 848
6*180
78
4 956
4 528
8 152
6 576
10 729
8 426
6 375
4 258
76
70
89
85
8 155
5' 425
89
11? 137
10 042
94
3 936
3 246
94
7 418
5 679
87
9 552
8 486
99
do
do
do
do
3 909
2,267
549
1 320
1 387
374
386
1 217
3 735
'319
816
1 038
2 512
2 944
2*. 419
424
321
2 938
5 459
4 002
'477
857
558
1 397
1 192
5 202
'362
1 281
1 237
1 378
1 255
4 813
410
1 488
]' 355
4 °36
4' 786
697
1 323
1 603
'568
332
1 339
4 346
'368
1, 321
1 296
4 100
3 311
704
1 338
do
do
__do
do
do
6 633
578
410
3, 863
1 783
7 144
600
454
4 225
1 865
6 237
607
441
3 589
1 599
7 080
6 776
6 331
6 461
6 427
8 632
704
431
4 474
3 023
6 557
728
406
3 772
1 651
6 305
' 724
400
3 710
1 471
6 357
718
276 666
275 004
2<?9 008
45 996
1, 661
280 211
278 561
933 194
45' 367
1 650
284 706
281 833
237' 078
44 756
9 873
mil of dol
Installment credit, total
._ _ .
By type of holder:
Financial institutions
Retail outlets
Service credit
_
Installment credit extended and repaid:
Unadjusted:
Extended, total
Automobile paper
Other consumer goods paper __ _
All other
__
Repaid, total
Automobile paper
Other consumer goods paper
.
All other
Adjusted:
Extended, total
Automobile paper
______
Other consumer goods paper
All other
_
__
Repaid, total
__
Automobile paper _
__
Other consumer goods paper
Allother__
__ __
do
do
_do__
do
do
_do_ _
do
do
44 415
886
1 187
44 071
953
44 203
982
02?
580
074
368
990
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts, total
Receipts, net.- _ __
Customs
Individual income taxes
Corporation income taxes
Emplovrnent taxes
Other internal revenue and receipts
Expenditures, totaL
_ _ _
Interest on public debt
_
Veterans' services and benefits
Major national security
_._
All other expenditures
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
Interest bearing, total _ _.
Public issues
Special issues
Noninterest bearing
___
mil. of dol
do __
do
do
__ do .
do
do
do
Obligations guaranteed by U.S. Government, end
of month
_ __
mil. of dol
U.S. Savings bonds:
Amount outstanding, end of month
do _
Sales, series E and II §
do
Redemptions
_ _ _
do
118
52, 1 1 8
352
523
283
281
935
45
1
060
425
313
112
635
441
647
440
4 212
1 781
282
280
235
44
2
922
839
999
840
084
675
445
3 6Q3
1 963
285
283
239
43
1
801
808
901
907
993
3 596
1 795
3 864
i 507
3 898
1 516
6 164
650
433
3 642
1 439
285 104
983 943
239 373
43 870
1 861
282 034
280 089
236? 149
43 940
1 945
285 353
283 497
240 220
43* 278
1 856
286 303
284' 473
240 271
44 203
1 830
630
440
649
441
652
361
288
285
241
44
2
682
840
779
061
842
290
287
242
44
2
396
599
876
723
797
r
Revised.
291 253
288 478
244 882
43' 596
9 775
112
107
10°
106
112
119
107
108
111
110
111
116
118
51 971
324
481
51 878
370
586
51 624
486
867
51 590
383
584
51 379
414
653
51 190
350
624
51 027
338
586
50 834
323
634
50 536
350
775
50 287
309
647
50 012
300
668
49 715
358
742
106, 053
106, 540
107, 419
108, 145
108, 583
108, 945
109, 430
109, 928
110,424
111, 152
111,646
53, 988
7,319
2, 641
15 170
3,829
21, 931
54, 172
7,344
2,672
15 183
3, 828
22, 043
54, 302
7,205
2, 685
15 247
3,830
22, 214
54, 857
7,485
2 744
15 306
3,817
22, 348
55, 038
7,414
2 774
15 332
3,812
22, 531
55, 151
7,229
2 840
15 403
3,809
22, 680
55, 472
7,251
2 889
15 439
3,798
22, 880
55, 730
7,235
2 968
15 484
3,798
23, 009
55, 993
7,246
2 991
15 515
3, 796
23, 194
56, 284
7,259
3 085
15 527
3,792
23, 342
56, 477
7, 354
3 115
15 536
3,794
23, 395
p Preliminary.
§ Data for various months through September 1959 include minor amounts due to late reporting or adjustments on discontinued series (F, G, J, K).
296
486
086
400
810
52 031
378
551
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies
mil. of dol- . 105, 493
Bonds (book value), domestic and foreign, total
mil. of dol__ 53, 638
U.S. Government
do
7,307
State, county, municipal (U.S.)
do
2,616
Public u t i l i t y (U.S.)
do
15 085
Railroad (U.S.)
do
3,835
Industrial and miscellaneous (U.S.)
do
21, 700
288
285
941
44
2
SURVEY OF CURRENT BUSINESS
S-18
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1959
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
FINANCE—Continued
LIFE INSURANCE— Continued
Institute of Life Insurance— Continued
Assets, all U.S. life insurance companies — Con.
Stocks (book value), domestic and foreign, total
mil. of dol
Preferred (U.S.)
do
Common (U.S.)
do
Mortgage loans, total
do
Nonfarm
do
Real estate
do
Policy loans and premium notes
do
Cash.
_ _
do_
Other assets
do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance) :J
Value, estimated total _ _ _ _ _ _ _ _ _ .mil. of dol _
Group and wholesale
do
Industrial
do.._
Ordinary total
do
New England
Middle Atlantic
East North Central
West North Central..
South Atlantic
East South Central
.
do
do...
do
do
do
do
West South Central
do
Mountain __ _
__
do _
Pacific (incl. Alaska)
do
Institute of Life Insurance:
Payments to policyholders and beneficiaries, estimated total __
_
mil. of dol. _
Death benefits
do
Matured endowments
_ _ _ _
do _
Disability payments
do
Annuity payments
Surrender values. _
_
Policy dividends
Life Insurance Association of America:
Premium income (39 cos ) Quarterly total
Accident and health
Annuities
Group
Industrial
Ordinary
do
do__
do
do
do
do
do
do
do
3,191
1,657
1,508
36, 462
i 33, 776
3,187
1,654
1,504
36, 648
33, 955
3,198
1,651
1,516
36, 794
34, 093
3,359
1, 646
1,678
37, 097
34, 388
3,365
1,640
1,689
37,211
34, 510
3, 387
1,639
1,709
37, 350
34, 635
3,421
1,643
1,739
37, 486
34, 753
3,439
1,647
1,752
37, 602
34, 851
3,459
1,654
1,764
37, 737
34, 958
3,486
1,663
1,783
37, 894
35, 094
3,547
1,659
1 845
38, 108
35 335
3 557
1,670
1 845
38, 282
35 496
3, 368
4,138
1,209
3,487
3,395
4, 162
1,190
3,483
3,415
4,183
1,242
3,536
3,376
4,204
1,365
3,716
3,393
4, 225
1,282
3,812
3,414
4, 253
1, 225
3,916
3,450
4,284
1,211
3,942
3,469
4,317
1,187
3,944
3,493
4,346
1,197
3,966
3,522
4,380
1,200
3,949
3,583
4,389
1,185
4,056
3 603
4,423
1,204
4, 100
5,153
5,614
4,791
5,154
5,896
793
636
4,467
5,718
835
575
4,308
5,593
754
633
4, 206
6,097
1,091
598
4,408
5,492
703
541
4,248
5,475
986
541
3 948
3 867
879
363
563
211
261
951
869
351
536
200
255
921
836
345
526
202
266
960
861
361
546
214
269
903
852
364
530
190
249
841
778
333
510
186
235
795
769
325
500
195
389
173
486
667
597
3,889
765
621
4,228
5,326
733
631
3,962
7, 169
2,185
535
4,449
3,521
904
567
3,683
241
837
788
324
489
192
273
958
860
340
517
197
269
951
793
303
495
178
270
994
865
368
532
200
230
833
698
289
412
155
232
835
716
307
459
170
394
162
462
402
177
504
357
161
454
443
213
564
355
140
407
373
159
433
449
183
538
426
189
525
427
189
505
449
201
550
422
189
529
386
173
492
577.8
233.1
57.4
10.1
594.0
244.4
60.4
9.9
536.6
214.8
65.4
9.0
746.2
264. 5
88.8
9.7
665. 4
267.8
65.9
11.4
595.3
246.9
54.9
9.8
674.0
278.0
58.4
10.0
625.2
261.4
54.2
10.0
582.0
241.3
48.7
10.1
635.9
265.7
51.9
10.0
586.9
247.1
47.4
567.8
245 2
44.2
9.9
9.3
47.9
119.0
110.3
53.9
120.2
105.2
46.7
103.7
97.0
47.5
135.8
199.9
67.5
118.7
134.1
54.7
117.5
111.5
52.9
137.5
137.2
54.2
131.9
113.5
52.9
119.2
109.8
55.8
128.6
123.9
54.6
124.7
103.2
52 3
112.5
104 3
2 604.2
451. 7
284. 1
313.7
192.6
1, 362. 1
780
490
2, 818. 4
466. 6
338.4
289.4
244.5
1, 479. 4
278
1,004
5, 353
863
558
2, 684. 2
491.5
251.2
318.1
188.3
1, 435. 1
2, 786. 8
465. 7
337. 5
314.4
227.3
1, 442. 0
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U.S. (end of mo.)
Net release from earmark §
Exports
Imports
_ _
20, 534
-79.3
20, 476
-65.6
20, 479
-13.0
20, 874
-220. 2
8,706
79, 914
20, 690
-189.0
68
5,425
20, 609
-96.9
85, 000
Production, reported monthly total 9
do
58, 300
Africa
do
13, 100
Canada
do
6,200
United States
do
Silver:
744
Exports _ _
do
5,980
Imports
do
.887
Price at New York
dol. perfineo z _ _
Production:
2,856
Canada
thous. of fine oz
4,431
Mexico
do
2,614
United States.
. . do, _
Money supply (end of month, or last Wed.):
31.2
Currency in circulation
bil. of dol
242.6
Deposits and currency, total
do
Foreign banks deposits, net _
do
3,8
5.7
U S Government balances
do
87, 200
58, 900
14, 000
6,700
233.1
108.1
97.2
27.9
236.4
111.0
97.5
28.0
237. 5
111.9
96.8
28.8
242. 6
115. 5
98.3
28.7
239.8
113.8
98.4
27.6
237.7
111.3
98.7
27.7
237.6
110.3
99.5
27.9
240.3
112.5
99.9
27.9
49.4
30.3
23.6
50.1
29.8
23.1
47.4
30.0
23.8
58.2
33.2
24.9
54. 0
30.3
23.2
54.1
31.0
24.1
54.5
34.2
24.0
56.2
33.9
23.9
mil. of doL
do
thous. of dol
do
Deposits (adjusted) and currency,
totallf _ _ _ d o _ _
Demand deposits, adjusted1!
do
Time deposits, adjusted^
do
Currency outside banks
do
Turnover of demand deposits except interbank and
U.S. Government, annual rate:
New York City
ratio of debits to denosits .
6 other centorscf
..
do __
337 other reporting centers
do
12, 278
10, 272
10, 048
18, 499
20, 305
-127.5
69
3,280
83, 600
58, 500
12, 900
5,500
83,600
57, 700
13, 200
5,900
83, 100
59,500
13, 200
4,200
80, 100
57, 800
12,500
4,100
61, 200
13, 200
3,800
62, 900
13, 200
3,800
64, 200
13, 300
4, 100
64, 900
12, 500
4,600
67 000
13 200
5,300
4 200
204
113
134
99
10, 197
.900
5,160
.901
90
9,219
.899
5, 356
.902
6, 172
.904
103
5,220
.914
2,160
3,772
.914
1,246
5,241
.914
270
5,894
.914
2,981
4 826
.914
7 892
.914
2,390
3,880
3,831
2.644
3,551
2,505
2,918
3,886
3, 426
3,094
3,680
2,330
2,265
3,315
2,827
2,782
3, 600
2,823
2,692
3,691
2,946
2,499
3,256
2,641
2,677
3,838
3,219
2, 868
3 994
2,609
2 518
31.4
245.1
32.0
248.2
32.2
252.0
31. 1
249. 6
31.1
247.1
31.3
246. 7
31.3
249 8
31.6
249 4
31.9
249 4
31.9
251 4
32 0
251 l
3.8
4.9
42
11,751
3.7
7.1
56
3.9
5.6
0
3.8
6.0
198
3.7
5.7
20, 442
-48.0
203
3.9
5.1
r
20, 188
-136.5
230
9,805
19, 705
-491.7
76
15, 477
19, 626
98.1
19, 524
— 176.3
19,491
—35 2
25, 726
75, 943
54 687
r
3.7
5.8
r
3.7
6.4
r
r
239. 3
110.7
100 4
28. 1
54.9
32.9
24.8
244
r
3.6
5.6
T
r
240. 1
110.7
101 0
28 3
56.8
32.7
25 0
142
119
1 756
5 362
.914
1,472
3.4
r
6 0
r
r
r
115
69
240.8
111 1
101 2
28 5
58 4
33 6
25 4
r 23 5
r
390
31
252
3
7
3.3
242. 0
112 7
100 9
28 4
50 0
30 5
.914
r
8
1
3
5
241 3
r HI 3
r IQl g
28 5
56 2
p32 2
P 25 1
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SEC):O
I
4, 036
3,320
3,821
Net profit after taxes, all industries. _ mil. of dol__
4 858
323
320
258
Food and kindred products
do
317
78
69
80
Textile mill products
do
110
Lumber and wood products (except furniture)
74
57
43
mil. of dol
81
148
126
136
166
Paper and allied products
..do
r
Revised.
» Preliminary.
1 Revision for August 1958 (mil. dol.): 33,681.
t Revisions for January-July 1958 will be shown later.
§ Or increase in earmarked gold (—).
9 Includes data for the following countries not shown separately: Mexico; Brazil; Colombia; Chile (through December 1958 only); Nicaragua; Australia; and India.
^ The term "adjusted" denotes exclusion of interbank and U.S. Government deposits; for demand deposits, also exclusion of cash items reported as in process of collection,
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
O Effective with the July 1959 SURVEY, estimates are based on the latest revised (1957) Standard Industrial Classification Manual and, for most industries, are not comparable with
previously published data. Comparable data for 1st quarter of 1958 are available upon request.
SURVEY OF CUKEENT BUSINESS
November 1959
S-19
1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
January
February
March
April
May
June
August SeptemOctober
ber
July
FINANCE—Continued
1
PROFITS AND DIVIDENDS— Continued
Manufacturing corporations©— Continued
Net profit after taxes — Continued
Chemicals and allied products
mil of dol
Petroleum refining
do
Stone clay and glass products
do
Primary nonferrous metal
do
Fabricated metal products (except ordnance,
machinery and transport eciuip ) mil of dol
Machinery (except electrical)
do
Electrical machinery eouip and supplies
do
Transportation equipment (except motor vehicles,
etc )
mil of dol
M^otor vehicles and parts
do
Dividends paid (cash) all industries
do
Electric utilities, net profit after taxes (Fed. Res.)
mil of dol
Transportation and communications (see pp. S-23 and
S-24).
430
648
188
87
200
476
783
147
124
324
494
658
104
135
374
607
621
231
174
552
148
223
218
133
219
301
100
223
246
164
400
296
90
39
456
95
441
390
71
523
374
88
592
459
1 710
2,050
1,839
1,856
357
390
469
385
SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds total
By type of security:
Bonds and notes total
Corporate
Common stock
Preferred stock
By type of issuer:
Corporate, total?
Manufacturing
Extractive (mining)
Public utility
Railroad
Communication
Financial and real estate
2,160
3,076
1,452
1,899
5,780
2,132
1,921
4,511
1,787
2,275
' 1, 452 ' 1, 688
1,702
do
do
do
do
2,082
1,059
55
23
2,837
651
170
69
1,330
420
110
12
1,644
746
204
51
5,618
724
126
36
1,843
481
234
55
1,723
457
151
47
4,202
619
217
92
1,582
624
167
38
1,978
614
254
43
r
1,558
592
120
24
- - - do
do
do
do
do
do
do
1,137
483
13
183
4
10
34
890
277
17
316
11
48
120
542
131
41
130
14
90
89
1,000
241
14
281
11
104
162
885
169
19
302
21
35
226
770
132
4
191
24
63
116
656
100
10
336
7
10
107
928
290
9
320
17
16
143
829
266
25
348
20
6
108
910
236
15
317
20
22
100
do
do
do
1,023
352
647
2,186
1,461
439
910
324
459
899
370
448
4,894
3,971
639
1,362
420
881
1,266
443
637
3,583
2,583
940
958
338
569
1,364
323
995
do
1,121
873
533
983
869
754
640
908
809
890
r
538
'737
721
do
do
do _
do
do
1,017
606
411
7
97
744
504
241
11
118
460
347
114
15
58
820
542
278
63
100
794
490
304
29
46
600
461
139
9
145
539
405
135
9
92
832
612
220
9
66
764
556
208
17
27
814
557
257
15
60
r
480
r
175
r
7
r
51
677
'367
r
310
r
19
'42
665
408
257
12
44
647
369
439
231
459
415
448
243
639
190
881
428
637
295
940
563
569
411
995
245
457
246
523
467
473
325
345
3,231
1,119
2,075
346
3,311
1,140
2,025
346
3,369
1,148
2,133
357
3,431
1,159
2,306
374
3,452
1,226
2,221
374
3,410
1,196
2,186
379
3,458
1,257
2,195
359
3,567
1,205
2,408
364
3,549
1,188
2,411
363
3,546
1,094
2,483
383
3,528
374
'3,424
1,035
2,416
377
3,406
1,039
2,380
91.74
91.90
80.72
91.77
91.92
80.92
92.47
92.63
80.95
91.28
91.41
80.88
90.99
91.12
81.67
91.60
91.72
82. 14
91.03
91.16
82.27
90.02
90.14
82.63
89.60
89.64
87.42
89.17
89.19
87.88
88.22
88.22
87 24
87 71
87 79
81 80
98.9
100.6
89.51
98.6
100. 9
89.36
98.8
102.3
90.13
98.7
102.3
88.90
98.1
101.8
87.54
98.0
102. 2
87. 38
98.2
103.4
87.37
97.0
102.2
86.21
95.0
100.4
85.31
94.0
99.4
85.16
85.00
94.3
100 6
85.11
93.0
98 3
83. 15
122, 594
126, 495
161, 393
156, 838
157, 707
146, 107
165,314
158, 556
173, 645
173, 744
144, 550
139, 007
199, 318
175, 922
168, 307
152, 583
157, 377
138 914
149, 949
140 655
147 625
140 515
135 448
131 301
156 380
153' 568
120, 972
124, 673
158, 973
154, 274
155, 965
145, 264
163, 671
156, 751
170, 334
164, 981
142, 666
137, 114
196, 941
173 466
165, 266
149, 690
155, 137
136 747
147, 850
138 682
146 184
138 794
133 845
129 438
154 805
151 824
119, 875
0
119,875
114, 465
5,408
137, 703
0
137, 703
131, 844
5,859
130, 267
5
130, 262
124 296
5,966
135, 872
0
135, 872
129 349
6, 523
148, 943
1
148, 942
142 361
6,577
121, 667
0
121, 667
114 413
7, 254
150, 585
0
150, 585
143 741
Q 844
137, 284
0
137, 284
131 689
5 595
119, 101
0
119, 101
114 538
4 553
121, 943
121, 325
110, 616
o
145, 137
121, 943
115 870
6 072
121, 325
115 512
5 813
110, 616
105 166
5 449
145, 137
140 018
5 119
107, 711
105, 251
1,448
108, 045
105, 549
1,461
109, 238
106 718
1,481
105, 866
103 266
1,475
106, 401
103 768
1 515
107, 21 5
104 573
1*525
106, 638 106, 004
103 966 103 343
l' 564
1 574
106, 396
102 770
2 539
105, 872
102 219
2 569
106, 135
102 511
2 538
r
103, 924
101 253
r 1 585
103, 473
100 826
1 573
117, 407
114, 527
1,794
117, 734
114,831
1, 805
118 133
115,204
1 829
115 981
112, 965
1 823
116 934
113 883
1 855
117 052
114' 009
1 856
117 142
114 053
1 Q01
118 746
114 647
2 905
118 725
114 607
2 W3
118 822
114 711
2 914
r
l!7 895
114 776
r i 922
117 967
114 846
1 923
mil. of dol
Noncorporate total $
U S Government
State and municipal
New corporate security issues:
Estimated net proceeds total
Proposed uses of proceeds:
New money total
Plant and equipment
Working capital
Retirement of securities
Other purposes
_
Btate and municipal issues (Bond Buyer):
Long-term
Short-term
do
do
r
1, 334
'433
r
93
'26
r 117
13
-•552
' 155
9
«• 173
9
'8
r
118
'900
350
457
r
••753
'146
' 14
' 194
19
36
r
228
736
216
23
111
5
57
161
r
966
300
473
r
305
r
1,558
'623
935
309
523
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
1,079
2,433
Bonds
Prices:
Average price of all listed bonds (N.Y.S.E.),
totaH _ _ . _ _ .
_ dollars. .
Domestic
______
do_ __
Foreign
do
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al-f- issues):
Composite (21 bonds) cf ___dol. per $100 bond..
Domestic municipal (15 bonds)
do
U.S. Treasury bonds, taxable^
do
Sales:
Total, excluding U.S. Government bonds:
All registered exchanges:
Market value _
thous. of dol
Face value
do
New York Stock Exchange:
Market value ...
_
do__
Face value
do
New York Stock Exchange, exclusive of stopped
sales, face value, totals
thous. of dol__
U.S. Government
do
Other than U. S. Government, total§
do
Domestic
do
Foreign
do
Value, issues listed on N.Y.S.E.:
Market value, total, all issues §
mil. of doL
Domestic
do
Foreign
__ _ _
do
Face value, total, all issues §
Domestic.-.
Foreign
do
___ do
do
117 751
114 652
1 905
o
89.32
89.36
87 08
93.8
99 4
o
84.95
o
' Revised.
P Preliminary.
©See corresponding note on p. S-18.
9 Includes data not shown separately.
§ Data include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included in computing the average price of all listed bonds.
c? Number of bonds represent number currently used; the change in the number docs not aft'ect the continuity of series.
5 Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
SURVEY OF CURRENT BUSINESS
S-20
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1059
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
FINANCE—Continued
SECURITY MARKETS— Continued
Bonds— Continued
Yields:
Domestic corporate (Moody's)
By ratings:
Aaa
Aa
__
A
Baa
_ __
By groups:
Industrial
Public utility
Railroad
__ _
Domestic municipal:
Bond Buyer (20 bonds)
...
Standard and Poor's Corp. (15 bonds)
U S Treasury bonds, taxable §
-
4.39
4.42
4.40
4.38
4.41
4.43
4.40
4.47
4.60
4.69
4.72
4.71
4.82
4. S7
do
do_ .
do...
do
4.09
4.20
4.40
4.87
4.11
4.21
4.45
4.92
4.09
4.21
4.43
4.87
4.08
4.18
4.42
4.85
4.12
4.22
4.43
4.87
4.14
4.24
4.43
4.89
4.13
4.23
4.40
4.85
4.23
4.32
4.45
4.86
4.37
4.46
4. 61
4.96
4.46
4. 56
4.71
5.04
4.47
4.58
4.75
5.08
4.43
4.58
4.74
5.09
4.52
4 69
4.87
5.18
4.57
4.76
4.87
5.28
do
do
do...
4.24
4.41
4.52
4.25
4.46
4.56
4.23
4.40
4.56
4.24
4.39
4.52
4.28
4.43
4.53
4.31
4.46
4.51
4.28
4.43
4.51
4.35
4.49
4.56
4.46
4.67
4.67
4.55
4.77
4.76
4.58
4.79
4.79
4.80
4.77
4.56
' 4. 68
4. 81)
'4.88
4.70
4.95
4. 90
do.
do
do_.
3.54
3.96
3.75
3.38
3.94
3.76
3.30
3.84
3.70
3.40
3.84
3.80
3.45
3.87
3.90
3.29
3.85
3.92
3.33
3.76
3.92
3.50
3.84
4.01
3.61
3.97
4.08
3.81
4.04
4.09
3.59
4.04
4.11
3.72
3.96
4.10
3.72
4. 13
4.26
4.11
1, 723. 1
819.5
314. 1
2, 139. 0
873.7
387.1
1, 798. 6
810.7
317. 9
1,821.1
852.9
331.2 * 1,884. 6
833.2
119.2
1, 143. 2
110.7
173.3
271.8
8.5
79.0
117.4
2.5
268. 9
1, 337. 5
141.0
192. 3
269.6
7.8
134.4
118.0
2.5
123.7
1.184.6
105. 4
156. 2
275. 8
8.5
71.4
124.5
3.2
130. 4
1,210.0
108.3
177.4
276.5
7.6
75.7
127.8
2.5
* 169. 5
1, 217. 4
106. 3
160 6
276.3
8.0
71.6
151.3
59.0
41.5
26.6
174.4
100.5
19.4
65. 4
6.2
1.3
91.5
2.8
13.2
6.4
73.4
161. 7
73.8
50. 8
31.9
175. 1
100.5
29.8
88.2
10.4
1.4
93.4
6.1
23.1
8.2
72.1
156. 6
81.2
45.0
30.0
175. 8
105. 7
21.0
60.2
7.5
1.6
94.8
2.5
13.3
6.6
73.2
160. 3
62.1
48.0
28.8
192.8
107.9
17.7
65.4
7.6
1.5
96.5
5.5
13.7
8.0
83.5
165.9
60.0
49.9
32.1
193.3
104. 4
20.2
60. 5
9.9
5.25
5.71
2.51
3.25
3.77
4.07
5.27
5. 69
2.51
3.32
3.77
4.07
5.22
5. 63
2. 52
3.35
3.77
4.07
5.24
5. 64
2.57
3.40
3.77
4.23
5.27
5 68
2.59
3.40
3.78
4.23
5. 35
5. 72
2. 59
3.40
3.78
4.23
5. 35
5.72
2.59
3.40
3.81
4.23
5. 39
5. 75
2.60
3.40
3.81
4.23
5.41
5.80
2.60
3.40
3.81
4.26
5.41
5.80
2.60
3.37
3.81
4. 26
5.41
5.80
2.60
3.37
3.81
4.31
5.39
5.77
2.62
3.41
3.81
4.33
5.39
5.77
2.63
3.41
3.82
4.33
5. 45
5. 85
2. 63
3. 48
3. 82
4.33
do
do
do
do .
141.29
161. 34
59. 38
66.43
144.82
165.03
61.08
69.12
147. 66
168. 37
62. 18
72. 71
156. 81
177.75
66. 37
73.89
156. 98
176.93
66.66
74.82
156.96
175.43
67. 40
75. 48
155. 86
174. 47
68. 12
73. 93
163. 87
184. 82
67.24
76.95
166. 31
188. 58
66.28
77.47
164.71
187. 48
64. 25
78. 55
170. 35
196. 07
66. 49
77. 38
169. 21
194. 70
67. 39
74. 35
161.30
184. 64
65. 69
71. 49
162. 37
186.60
65. 51
70. 24
percent- _
do
do _
do
do
.. .. .-do
3.72
3. 54
4.23
4.89
4. 15
2.98
3.64
3.45
4.11
4.80
4.14
2.75
3.54
3.34
4.05
4.61
4.09
2.68
3.34
3.17
3.87
4.60
4.00
2.54
3.36
3.21
3.89
4.54
3.92
2.51
3.41
3.26
3.84
4.50
3.69
2.48
3.43
3.28
3.80
4.60
3.95
2.53
3.29
3.11
3.87
4.42
3.98
2.57
3.25
3.08
3.92
4.39
3.73
2.67
3.28
3.09
4.05
4.29
3.77
2.71
3.18
2. 96
3.91
4. 36
3.57
2.67
3. 19
2.96
3.89
4.59
3.57
2.74
3.34
3. 13
4. 00
4.77
3. 73
2.97
3.36
3.14
4.01
4. 95
3. 70
3. 03
percent..
Stocks
Cash dividend payments publicly reported:
Total dividend payments-- _
.mil. ofdol.
Finance
Manufacturing
Mininf
Public utilities:
Communications
Electric and gas
Railroad
Trade
Miscellaneous
do
do
_ do.
_
_
_
_
do
do
- do ...
do
_ _
do
Dividend rates, prices, yields, and earnings, common
stocks (Moody's):
Dividends per share, annual rate (200 stocks) . dollars- .
Industrial (125 stocks)
do
Public utility (24 stocks).
do _.
Railroad (25 stocks)
do
Bank (15 stocks)
.
do ._
Insurance ( 1 0 stocks) _ _ - _ - _ . . ... .do..Price per share, end of month (200 stocks) 9
Industrial (125 stocks)
_ _ ...
Public utility (24 stocks)
Railroad (25 stocks)
. __ . _
Yield (200 stocks)
..
Industrial (125 stocks)
Public utility (24 stocks)
Railroad (25 stocks)
Bank (15 stocks)
Insurance (10 stocks)
.
Earnings per share (at annual rate), quarterly:
Indu° trial (125 stocks)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
(Standard and Poor's Corp.)
percent- Prices:
Dow-Jones averages (65 stocks)
_. Industrial (30 stocks)
Public utility (15 stocks)
_.
Railroad (20 stocks)
Standard and Poor's Corporation:
Industrial, public utility, and railroad:^
Combined index (500 stocks)
1941-43= IDIndustrial total (425 stocks) 9
Capital goods (129 stocks)
Consumers' goods (196 stocks)
Public utility (50 stocks)
Railroad (25 stocks)
Banks:
N Y City (12 stocks)
Outside N.Y. City (17 stocks)
Fire insurance (17 stocks)
8.10
3. 60
19.09
10 30
3.69
4 12
10 70
3 63
9 52
4.58
4.64
4.65
4.63
4.54
4.52
4.48
4.51
4.68
4.79
4.75
4.70
4.80
179. 36
521. 82
80. 06
136. 96
186. 56
539. 85
82.07
146. 52
193.59
557. 10
85. 56
153. 80
196.91
566. 43
88. 09
155.00
206. 21
592. 29
91. 66
163.87
205. 02
590. 72
91.03
161.69
210.19
609. 12
93.68
162.56
212. 12
616.99
92. 58
1 65. 30
214. 78
630. 80
91. 33
166. 54
212. 34
631. 51
86.70
164.46
221. 03
662. 81
89. 10
169.09
219. 84
660. 58
91.24
163. 24
210. 97
635. 47
87. 67
155.38
212. 04
637. 34
S7 8,
157.51
48.96
50.95
52. 50
53. 49
55. 62
54. 77
56.15
57.10
57. 96
57. 46
59.74
59.40
57. 05
do
do
do
do
do
52.40
51 34
38. 90
37.97
29.51
54. 55
53. 60
40.65
39. 15
31.23
56.11
55 20
42. 47
40. 75
33.07
57. 09
56. 84
43. 31
42. On
33. 70
59. 30
58.98
44. 65
43.96
35. 53
58. 33
59. 33
44.23
43. 71
35. 20
59. 79
61. 67
45. 10
45. 06
35. 47
60. 92
62. 10
45. 87
45.12
35. 94
62. 09
64. 81
47. 12
44.30
36. 07
61.75
65. 52
47. 09
42. 58
36. 02
64.23
67.82
49.82
44.77
36.86
63.74
66. 73
49.11
45.15
35. 56
61.21
64.16
48. 15
43.59 1
33. 78
do
do _
do
22. 54
43.98
28. 54
23.28
45.25
29. 49
23, 55
46.68
31.83
21.03
48.16
33.42
24. 56
50. 35
34. 96
25.23
50. 08
34.78
26.30
52.09
35. 60
24.70
51.37
34.22
25.15
50. 4-7
33.39
25. 77
51. 15
31.66
26. 98
53. 00
33. 28
27. 25
53.46
33. 57
26.72
53. 02
31.56
4, 823
161, 286
3.991
130, 626
4.368
146, 227
4, 982
166. 968
3,790
133, 963
5. 308
186. 246
4, 805
149, 631
4.901
146, 658
4,325
123, 504
4,670
133, 148
3,572
102, 919
3,372
97, 364
4.172
11.8, 112
3,407
91, 504
3, 682
96, 124
4.195
105, 627
3,143
80. 357
4, 330
108, 433
3,934
91, 630
4,119
95,517
3,676
82, 027
3,929
91, 386
3,026
69, 705
2, 875
67, 534
95, 987
74, 366
75,018
83, 253
65. 793
82, 450
75, 887
70, 969
64, 351
70, 889
51, 052
57, 518
255,117
4,933
261,828
4,959
276, 665
5, 017
280, 826
5,075
282, 105
5, 089
283, 202
5, 106
294, 256
5, 163
299. 044
5,270
298, 785
5, 463
309, 520
5, 502
304, 569
5, 510
290, 5«4
5. 629
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
3,442
Market value
mil. of dol
115,052
Shares sold
thousands
On New York Stock Exchange:
2,922
Market value
mil of dol
Shares sold
thousands. _ 80, 695
Exclusive of odd lot and stopped sales (N.Y.
71, 972
Times)
_
thousands.
Shares listed, New York Stock Exchange:
Market value, all listed shares
mU. of dol.. 248, 388
4,916
Number of shares listed
millions.
' Revised.
*> Preliminary.
1 Includes $2.71 retroactive mail pay increase.
§For bonds due or callable in 10 years or more.
9 Includes data not shown separately.
cTNumber of stocks represents number currently used; the change in number does not affect continuity of the series.
8.00
3.78
3.67
11 60
3.75
8 12
r
j-...:::::
i
W.330
SUEVEY OF CURKENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-21
1959
January
F
|b™- j March
April 1
I
May
July
June
August SeptemOctober
ber
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)
"Exports of goods and services, total — mil.
Military transfers under grants net
Merchandise, adjusted, excluding military
actions J
mil
Income on investments abroad
Other services and military transactions
of dol
do
transof dol
do
do
Imports of goods and services total
Merchandise, ad justed Jcf
Income on foreign investments in U S
Military expenditures
Other ser vices cf
do
do
do
do
do
Balance on goods and services
6,120
6,673
531
5,866
485
3,806
703
1,062
4,176
3,798
635
948
4 069
5,372
3,124
5,425
3,517
5,422
3,604
180
801
837
5 968
3,885
194
821
1,068
549
913
1,053
164
841
1,243
188
838
882
do
+748
+1, 248
+444
Unilateral transfers (net), total
Private
Government
do
do
do
-1,090
-123
—967
—1,147
-142
—1,005
—1, 104
-140
—964
U.S. long- and short-term capital (net), total
Private
Government
Foreign long- and short-term capital (net)
Gold sales [purchases ( — )]
Errors and omissions _
do
do
do
do
do
do
-783
-451
-332
+424
+483
+218
-892
-726
-166
+531
+347
—472
-383
FOREIGN TRADE
Indexes
Exports of U.S. merchandise:
257
Quantity
1936-38=100
554
Value
do
Unit value _ _
do
216
Imports for consumption:
191
Quantity
_
do
Value
do
523
Unit value
_
do
273
Agricultural products, quantity:
Exports, U.S. merchandise, total:
Unadjusted
1952-54=100
131
Seasonally adjusted
do
141
Cotton (incl. linters), seas, adj
do
99
Imports for consumption, total:
Unadjusted..
.
_. do
94
Seasonally adjusted
do
103
109
Supplementary imports, seas, adj
_do
Complementary imports, seas, adj
do
98
Shipping Weight
Water-borne trade:
Exports, incl. reexports§
thous. of long tons..
9,013
General imports.
_
do
13, 614
Value
Exports (mdse.), including reexports, total 1
mil. of dol. . 1, 360. 9
By geographic regions: A
Africa
do
36 2
Asia and Oceania
do
212 2
Europe
do
345 0
Northern North America..
_do
Southern North America.
do
South America
do
By leading countries:A
Africa:
United Arab Republic (Egypt Region)
do
Union of South Africa
..do .
Asia and Oceania:
Australia, including New Guinea
do
Colony of Singapore
do...
India and Pakistan
do.
Japan
Republic of Indonesia
__
Republic of the Philippines. ._
Europe:
France
_
East Germany
_
West Germany
_
_
Italy
Union of Soviet Socialist Republics..
United Kingdom
North and South America:
Canada
Latin American Republics, total?
Argentina
Brazil
Chile
_
Colombia
Cuba.
Mexico.
Venezuela..
do
do. _
do
_do
do
__ do
290.3
168.4
158 1
+96
+217
300
650
216
300
649
216
282
613
218
260
568
219
237
519
219
270
591
219
272
596
219
291
630
217
266
578
217
275
596
217
261
568
218
*> 275
v 601
v 219
206
562
273
193
529
274
220
599
273
203
553
272
200
543
271
231
621
269
219
589
269
224
608
271
240
651
271
223
603
270
214
581
272
243
658
271
155
140
62
151
127
94
152
124
67
142
133
53
115
111
52
135
125
78
134
139
76
152
155
82
142
161
77
152
198
100
136
170
63
107
123
111
132
100
115
120
112
118
107
126
99
103
90
106
81
113
106
109
104
127
111
113
110
118
102
103
101
114
121
110
131
105
108
110
106
96
107
118
98
116
126
118
133
9,591
15, 182
8,890
12, 944
7,031
15, 057
7,650
14, 739
6,149
13, 995
7,023
15, 503
7,327
12, 392
8,624
3 14, 159
8,162
17, 532
1, 598. 9
1, 596. 2
1,513.6
1, 400. 4
1, 280. 2
1, 456. 3
1, 468. 0
1, 551. 8
1, 425. 7
1, 468. 6
1, 396. 7
1, 479. 0
40 5
224 0
416 2
73 7
247 9
412 0
46 8
250 8
384 0
58 3
248 4
366 2
36 3
227 7
304 8
80 9
263 9
337 2
52 8
246 1
351 4
55 1
254 4
365 6
67 2
253 6
332 0
4.Q «
249 2
372 4
52 6
240 6
366 9
51 0
240 1
445 3
322.1
183.7
185 5
283.5
161.7
187 3
278.0
166.5
205 3
262.0
142.9
170 7
274 7
136.5
144 6
321.2
141.7
167 1
327.1
151.0
165 4
349 5
149.0
185 4
353 9
149 2
158 0
320 9
153 0
168 1
297 6
138 0
160 7
302 9
147 1
173 9
3.7
10.5
18.3
11.7
19 4
10.2
18 8
6.1
18 3
10.0
20 0
5.7
16 9
18.5
29
40 7
17 9
2 4
41 9
21 3
28
35 3
30 3
2 2
29 2
31 0
31
25 2
80 5
7 5
22.9
70 1
81
22.4
63 5
4 4
24.7
4.3
5.9
4.5
15.4
17.5
17.8
3.6
3.5
18 0
14 6
13.3
2.0
16.0
14.2
19 6
21.4
18.4
22.9
39.0
36.8
36.9
on
r
51 2
51 3
59.9
67 3
81 0
75 7
22.1
27.9
34.2
25.0
16.5
72 8
36
16.6
33.3
32.1
33.2
27 5
23 2
62.2
62.7
52.3
52.0
56.5
25.4
0
53.8
—2, 300
-611
—1, 689
+1, 961
+741
+297
+819
-87
3.2
3.5
-134
-89
12.7
1.8
684
1 048
2.0
4.1
0)
67.8
2.1
3.3
1
4.8
0
2.3
3.5
0
2.2
1
2
15.3
15.4
51 7
42 0
73 5
50
23.7
20.8
70 8
4' 8
24.9
71 8
4 4
26.9
28.2
30 7
20 9
23 5
21 7
60.4
56 9
56 9
61 4
62 0
27 5
m
65 1
30 3
.1
62 5
41 2
.1
120 7
2.4
24 6
(i)
2.6
73 3
4.5
(i)
3
4
d\
do _
do
do
35.9
42 3
35 3
36 4
25 7
34 5
28 7
32 2
31 8
0)
74.3
102.1
81.8
85.5
67.0
61 8
50 9
60 2
68 9
61 2
36 0
.6
60 2
34.7
.3
.6
1.4
1.5
.9
.1
.4
.1
.'4
o
do
290.3
322.1
283.5
278.0
262.0
274.7
321 1
327 1
349 5
353 9
320 9
297 6
302 8
do
307.4
344.6
325.6
350.5
293.0
260.5
289.0
296.6
312.6
288 7
301 2
279 2
298 8
...do. .
do
do .
18.8
39 9
10.5
23.2
45 0
13.8
26.4
39 5
11.2
30 6
58 1
10 7
18 1
41 6
10 4
15 3
29 1
11 1
13 2
46 2
10 8
14 2
36 2
10 4
15 8
43 3
14 2
18 6
28 4
10 3
22 9
27 4
11 4
26 2
30 8
95
23 0
35 7
11 6
do
__.do
_ do
..do
12.8
45.7
61.5
54.1
15.0
53.1
73.3
64.5
15.6
43.2
60 8
71.6
13.9
40.5
71 8
69.5
16 4
32.7
57 8
63.0
14 2
32.8
55 6
55.8
15 4
31 1
59 9
60.9
17 4
33 4
63 2
63.4
20 2
17 2
18 4
17 6
18 0
38 1
40 1
39 6
36 6
38 7
56 9
62 4
65 4
57 4
56 5
69.7
63.0
65.7
54.4
62.6
2
'3 Revised.
p Preliminary.
i Less than $50,000.
Includes carryovers of approximately $15 million from May and June; appropriate amounts are included in components.
Revision for May 1958 (units as above): Imports, 12,527. {Adjusted for balance-of-payments purposes, mainly for valuation, coverage, and timing cf Excludes military expenditures
§Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
IData include shipments (military and economic aid) under the Mutual Security Program. Total MSP military shipments (including, since early 1956, also "consumables and construction" shipments) are as follows (mil. dol): September 1958-September 1959, respectively—121.6; 181.3; 188.5; 135.0; 114.5; 96.7; 81.2; 125.1; 140.9; 78.1; 114.6; 97.1; 79.7.
AExcludes "special category" shipments.
9 Includes countries not shown separately.
SURVEY OF CUERENT BUSINESS
S-22
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
November 1959
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued
Exports of U.S. merchandise, total ^
mil.
By economic classes:
Crude materials
_
_ __ _
Crude foodstuffs
Manufactured foodstuffs and beverages
Semimanufactures 9 — Finished manufactures 9
By principal commodities:
Agricultural products, to talc?
1, 35L 1
1, 584. 1
1,581.6
1 493.6
1, 384. 8
1,266.0
1,441.3
1, 452. 1
1, 535. 3
1, 409. 5
1, 454. 0
1, 384. 1
1, 464. 2
do
do
do
do
do
160.7
108.8
88.7
182.6
810.2
199.1
114.6
104,4
222. 4
943. 5
195.8
109.0
87.9
213. 4
975.6
161.4
124 1
90.9
191.9
925.2
143.4
130.0
78.6
189.2
843.6
113.3
107 8
65.8
175.8
803.3
134.0
120. 1
76.7
191.9
918.6
131.9
113.4
78.8
203.6
924.5
141.1
131.2
90.6
214.9
957.5
133.6
122.1
92.1
203.3
858.4
138.6
137.9
96.1
213.5
867.8
130.6
117.2
99.3
208.3
828.7
186.2
114 4
102.4
226.7
834.5
do
297.2
357. 6
341.8
337.5
310.0
249.5
292.0
296.5
325.1
304.9
327.2
298.2
361.2
30.2
31.6
110.4
18 9
52.6
25.2
40.4
117.1
22 1
71.3
45.6
28.8
109.5
24 2
47.8
39.8
28.7
119.5
19 1
43.0
30.0
23.4
130.1
23.7
26.4
26.5
24.5
104.7
20 0
18.8
36.3
27.3
118.6
21.4
31.8
31.7
29.5
111.0
20 6
24.6
31.1
33.1
129.8
22.4
26.5
29.7
37.5
122.5
22.4
26.1
15.9
32.2
132.5
23 8
26.0
11.6
35.6
119.5
23 5
39.2
26 0
33.5
111 3
25 9
81 8
of dol
Cotton, unmanufactured
do
Fruits, vegetables, and preparations _ _ _do__
Grains and preparations
do
Packinghouse products
do
Tobacco and manufactures
do
1, 053. 8
1, 226. 5
1, 239. 8
1, 156. 1
1,074.8
1,016.4
1, 149. 3
1, 155. 6
1, 210. 1
1, 104. 6
1, 126. 7
Automobiles, parts, and accessories
Chemicals and related products!
Coal and related fuels
Iron and steel-mill products
do
do
do _
do
80.4
106.1
47.9
45.9
97.3
119.9
47.6
60.1
114.9
117.9
42.7
57.5
127.7
113.5
31.8
44.6
104.0
115.2
34.3
45.1
104.2
116.6
25.6
44.0
118.0
122.2
29.9
51.0
118.1
119.5
31.9
52.7
118.3
130.1
34.2
53.6
105.2
121.2
29.4
58.5
101.1
122.9
36.8
54. 1
83.5
123.1
39.8
35.3
89 7
139 6
36.5
29 4
Machinery, total§cf
do
289.3
316.1
319.8
313.9
287.8
291.2
326.9
354.0
356.3
329.2
319.4
308.1
316 9
do
do_.
do
_ _ do__- do_
8.1
22.5
80.2
22.5
142.3
7.9
24.1
89.2
27.6
152.7
8.1
18.2
91.7
33.2
154.9
8.3
17.8
92.8
35.7
143.0
8.5
22.3
70.1
29.3
142.9
10.8
25.8
71.9
25.4
142.3
14.1
31.7
81.2
27.1
158.1
16.2
33.8
80.8
32.0
166.5
15.8
35.1
88.6
32.4
169.6
16.3
34.9
74.8
24.2
164.4
15.1
32.3
78.0
21.7
157.4
11.7
27.5
77.9
24.9
152.2
9 6
33.0
81 5
22.2
156.2
do
do
44.7
46.7
49.0
54.8
51.0
49.5
39.4
47.7
40.8
44.6
35.7
42.8
39.2
53.5
45.2
49.3
42.7
54.4
42.0
47.8
42.8
47.4
38.3
52.1
39 0
58.7
do
1,074.0
1,141.8
1, 089. 0 1,253.4
1,154.2
1,118.1
1, 263. 8 1, 369. 4
1, 248. 4
1, 189. 8
1 391 8
38.0
178.3
285.3
46.2
193.7
319.8
35.9
181.6
316.1
53.5
209.8
353.6
43.6
216.7
339.6
47.9
198.1
312.4
59.7
240.7
370.6
57.0
239.0
376.6
42.3
231.4
393.9
49.8
264.8
399.7
43.8
246.0
406.7
40.6
253.4
341.6
58 8
288 4
424 7
257.9
125.7
188.7
252.2
120.2
209.7
230.0
123.3
202.1
233.0
161.1
242.5
184.9
163.7
205.7
193.9
160.8
205.1
227.9
175.1
226.9
234.5
139.7
174.2
264.7
138.2
193.3
301.6
143.3
210.1
267.6
122.9
161.3
249.5
103.2
201.5
254 9
112 3
252 5
.2
8.2
.1
8.4
.3
5.2
.3
10.7
4.5
7.8
.7
10.6
6.6
9.0
1.1
10.4
.4
7.6
.4
11.1
1.9
9.4
.4
5.9
2
8.9
4.3
2.7
18.8
55.4
15.3
22.2
8.4
4.1
14.6
64.1
18.4
20.5
5.4
2.9
16.3
62.3
14.1
21.4
10.6
4.1
20.7
66.3
16.4
15.5
10.8
3.6
20.3
66.6
17.6
19.9
12.5
2.9
16.6
60.4
18.1
18.8
11.7
2.6
22.0
83.1
12.6
27.4
19.8
1.6
23.0
79.5
15.9
25.8
16.7
1.7
21.9
78.1
13.6
27.8
18.3
2.5
20.3
88.9
22.9
29.4
17.3
2.4
20.0
91.3
15.1
30.9
17.3
2.5
19.6
88.4
14.0
34.4
22 5
20
20.3
99 3
17.8
36.0
23.7
.1
55.8
20.1
1.9
78.0
31.5
.9
57.2
33.2
2.3
82.8
30.0
2
57.3
26.1
.8
84.3
36.2
.6
65.5
31.9
.6
84.3
32.1
.4
65.2
26.8
4.2
82.0
28.6
.3
60.1
25.2
3.1
79.9
34.3
.3
70.6
28.6
2.3
89.7
33.8
.3
75.2
29.2
1.5
95.7
43.4
.3
75.2
31.9
1.0
102.5
42.0
.9
80.2
32.5
1.8
98.0
43.5
.6
80.7
33.6
2.0
106.7
37 8
.2
66.8
34.5
2.3
85.6
42 5
.3
87 3
34.0
36
102 9
257.7
252.1
229.6
233.0
184.7
193.8
227.9
234.5
264.5
301.4
267.5
249.3
254. 4
276.0
289.7
292.7
354.1
313.7
316.9
345.2
286.9
306.1
322.2
259.4
280.7
334.2
11.2
Argentina
do
44.3
Brazil
do .
11.8
Chile
do
30.3
Colombia -__ __
do
44.3
Cuba
do
30.8
Mexico
__do_ _
68.7
Venezuela
do
1,071.7
mports for consumption, total
do
By economic classes:
238.8
Crude materials
do
137.3
Crude foodstuffs
_
_ __
do _
131.1
Manufactured foodstuffs and beverages... _ _ d o _
236.8
Semimanufactures
_
do
327.8
Finished manufactures
_ _
do ..
By principal commodities:
302.8
Agricultural products, total d"1
do
6.2
Cocoa (cacao) beans incl shells
do
83.5
Coffee
do
3.5
Hides and skins
_ do
20.2
Rubber, crude, including guayule__
do __
43.5
Sugar
do
11.3
Wool and mohair, unmanufactured
do-__
768.9
Nonagricultural products, totalcf1-.. _
do.__
4.8
Furs and manufactures
do
93.8
Nonferrous ores, metals, and mfs., totalcf --do
8.6
Copper, incl. ore and manufactures _ -do __
7.7
Tin including ore
do
28.5
Paper base stocks
do
48.7
Newsprint
- do_ __
129.1
Petroleum and products
do
11.4
49.9
13.7
36.5
32.7
32.6
77.7
1,153.3
11.4
51.2
13.2
31.4
34.2
35.3
75.0
1, 084. 8
17.1
69.4
19.3
25.9
35.9
43.2
87.5
1, 229. 1
12.0
43.3
20.9
22.8
29.3
46.3
84.7
1, 134. 5
8.6
52.5
15.5
28.4
32.9
49.9
82.1
1,113.3
13.2
60.8
17.0
23.9
43.6
53.2
91.8
1, 274. 0
10.9
49.5
15.6
22.7
50.1
42.6
61.4
1, 209. 0
12.1
53.8
15.8
30.8
49.7
40.4
62.4
1, 247. 3
244.5
173.0
130.3
241.2
364.2
222.7
159.5
128.6
219.4
354.6
266.6
192.6
128.3
259.9
381.7
262.7
145.4
120.1
242.5
363.7
243.8
165.6
110.8
255.5
337.6
255.7
176.4
130.3
303.9
407.7
236.6
153.9
142.6
258.2
417.8
246.0
161.0
142.1
261.5
436.6
287.9
136.6
147.7
306.1
457.2
244.8
116.2
149.1
270.8
455.2
251. 8
144.9
137.0
253.8
403.1
264
190
162
274
456
334.9
7.2
109.0
4.5
22.8
32.0
16.1
818.4
3.3
72.2
18.2
8.9
29.2
55.2
142.7
316.0
7.5
100.6
4.0
22.5
30.6
15.6
768.8
3.7
74.2
19.3
6.4
27.7
55.9
135.6
369.4
34.1
103.5
5.2
30.8
32.1
18.0
859.7
21.4
81.5
20.8
9.2
28.4
54.3
166.7
328.4
18.3
79.6
6.4
32.7
35.9
21.3
806.1
15.1
81.3
15.3
13.1
29.5
43.2
158.5
333.8
12.7
108.2
5.5
29.5
37.7
18.7
779.5
10.0
70.7
16.2
9.5
27.2
44.2
166.7
370.8
14.8
106.0
9.7
28.9
47.5
23.8
903.1
9.8
91.4
20.8
10.2
26.7
51.7
173.4
353.7
15.6
84.3
8.9
26.2
46.6
21.9
855.4
8.5
86.4
17.2
9.4
29.5
54.1
102 6
360.8
16.5
93.0
7.9
28.4
51.5
21.0
886.5
7.9
91.9
20.6
8.9
27.7
60.3
98 9
336.8
14.9
74.3
9.0
29.1
52.3
18.7
998.7
89
111.0
26.6
19 7
29.9
59.5
142 2
317.1
9.4
61.6
7.4
32.1
58.1
15.2
919.0
6 5
94.8
19.9
57
29.9
54.2
93.9
351.6
9 4
99.5
5.6
32.0
48.3
14.7
839.1
4 5
87.7
22.2
55
28 5
54.9
102 8
418 6
14 4
136 7
9 2
35 0
50 5
20 7
930 1
59
94.3
31 1
14 4
28 2
58 8
115 6
Nonagricultural products, totalcf
do
Agricultural
_
Tractors, parts, and accessories
Electrical
Metal working §
Other industrial
Petroleum and products
Textiles and manufactures
General imports, total
By geographic regions:
Africa
Asia and Oceania
Europe
_
_ _
_
_ _ _
_
do
do_.
do
Northern North America
do
Southern North America _ __ _
do _
South America
do
By leading countries:
Africa:
United Arab Republic (Egypt Region)
do___
Union of South Africa ___
__ __do
Asia and Oceania:
Australia including New Guinea
do
Colony of Singapore
do
India and Pakistan _
_do.
Japan
do
Republic of Indonesia
do _
Republic of the Philippines
do
Europe:
France
do
East Germany
__ _ do .
West Germany
do
Italy
do
Union of Soviet Socialist Republics
do
United Kingdom
do
North and South America:
Canada
do
Latin American Republics, total cf-
do _
1, 300. 9 1, 220. 9
15.7
8.6
38.5
31.5
17.3
15.1
31.4
28.0
54.4
56.2
27.2
34.9
86.9
57.6
1, 335. 5 1, 236. 1
r
Revised.
» Preliminary.
1 See similar note on p. S-21.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
§ Excludes "special category, type 1" exports.
1, 085. 9 1 103 0
9.7
70.6
14.7
27.4
43.6
24.8
60.7
1 190. 7 1
10 1
82. 1
21 7
43 8
43 1
25 6
66 1
348 7
6
6
9
3
3
^Includes data not shown separately.
SUEVEY OF CURRENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-23
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Airlines§
Scheduled domestic trunk carriers:
Financial operations (quarterly totals):
Operating revenues, total 9
mil. of dol
Transport total 9
do
Passenger
do
Property
_.
do_ __
U.S. mail (excl. subsidy)
do
Operating expenses (incl. depreciation)
Net income (after taxes)
do
do
Operating results:
Miles flown, revenue
thousands
Express and freight ton-miles
flown
do
Mail ton-miles
flown
do
Passengers originated, revenue
_
_ do
Passenger-miles flown, revenue
millions
403.9
401.9
365.8
25.1
8.6
371.6
365.3
327.6
24.7
10.2
i 407. 6
i 404 0
1367
4
1
24.8
1
10 0
1
1
1
464. 1
460 7
420
6
1
26.9
1
10.3
365.8
21.8
337.2
16 7
1391 6
1
421. 4
i 22 2
1o o
61, 693
28, 187
8,189
3,432
2,100
59, 370
29, 487
9,123
3,563
2,101
49, 046
24, 262
8,347
2,957
1,777
46, 180
25, 379
11, 834
2.740
1,779
i 57, 866
1 123, 406
9, 078
i 3, 255
i 2, 061
56, 659
23, 478
8 728
3,126
1,921
64 795
28. 326
9 993
3.705
2,305
63, 029
26. 963
9,588
3,743
2,260
64, 041
27, 787
9 563
3,819
2,295
64 060
28, 545
9 201
4, 114
2,629
65, 898
27, 844
9 130
3,983
2,593
66 548
29, 342
8 997
4,193
2,735
33, 940
12, 268
33, 363
11, 832
30, 671
8 737
41, 998
16, 154
29 420
8,136
29 049
8,414
33 966
13 075
31 403
11, 839
30 471
11, 330
32 231
13 029
29 406
10, 401
30 292
11 033
17.3
••638
104.8
17.3
695
116.7
17.5
635
108.9
17.6
693
122.2
17.6
641
111 3
17.7
605
105 9
17.7
673
115 8
17.7
668
117 4
17.8
667
115 9
17 9
630
110 9
18.0
597
112 2
18.1
571
107 1
18.1
631
Express Operations
Transportation revenues
Express privilege payments
thous. of dol
do
Local Transit Lines
Fares, average cash rate
Passengers carried, revenue _
Operating revenues
_
__
___cents__
millions
mil. of dol
Class I Motor Carriers (Intercity)
Carriers of property (quarterly totals):
Number of reporting carriers
Operating revenues, total
Expenses, total
Freight carried (revenue)
mil. of dol
do
mil. of tons
875
966.7
925.0
58.0
872
1, 102. 2
1, 062. 3
65.7
mil. of dol
_ do
millions
139
126.2
100. 8
63.6
142
102.3
91.5
59 1
thousands
do
do
__ do
2 571
460
28
156
' 3, 410
'594
'39
••203
3,135
583
42
190
2,186
467
34
135
2,742
557
42
176
2291
446
38
148
2 398
412
44
158
2,489
407
44
155
3 419
546
55
206
2 813
471
42
164
2,249
251
28
154
2 712
491
15
211
2 190
403
12
163
2 908
542
16
202
214
34
222
200
1,257
'331
r
61
257
'238
1, 686
291
40
174
218
1,596
201
18
56
156
1,121
267
24
76
192
1,408
214
15
62
168
1,199
204
19
75
176
1 312
191
22
127
171
1,373
243
28
365
209
1,767
240
17
319
162
1 397
242
15
190
156
1,214
265
24
54
205
1 448
201
32
35
165
1 179
284
55
50
213
1 546
106
99
93
121
109
98
101
124
110
100
112
128
109
100
109
126
111
94
104
133
111
92
113
125
113
84
136
127
115
85
141
127
118
92
144
130
115
92
136
129
96
61
81
129
95
81
40
130
96
87
42
127
98
90
42
123
141
49
134
31
115
188
57
122
29
117
169
43
122
28
119
157
33
165
27
117
156
38
221
26
120
154
34
218
27
123
155
42
229
28
128
153
44
173
27
133
159
44
173
27
134
169
35
180
26
129
143
35
88
25
114
135
37
25
26
108
132
46
21
26
108
161
52
846.9
*• 724 4
52.1
903.0
777 2
50.5
809.5
688 7
51.2
836.8
684 9
66.9
784.2
660 5
57.9
748.3
637 8
49.0
857 9
734 6
51.4
856.4
736 8
48.3
879.5
756 9
50.5
899 8
765 7
61 5
821 6
687 3
64.2
774 4
642 7
62 4
769 2
648 7
49 9
630 1
651 2
623 8
656 0
644 5
609 2
655 5
652 7
667 9
674 2
658 5
629 4
123.3
93.6
72.7
137.1
114.7
96.8
105.5
80.2
63.1
103.2
77.6
88.4
103.5
36.2
21.5
99.3
39.8
20.0
123.2
79.1
58.0
121.3
82.3
62.4
124.2
87.5
71.7
136.3
89 4
72 6
114.2
48.9
31.3
105.1
39 9
25 2
50, 164
1.475
1,806
54, 643
1.460
1,706
50, 131
1.416
1,689
46, 661
1.488
2,205
47, 625
1.434
1,924
45, 360
1.441
1,567
51, 232
1.462
1,705
51, 231
1.474
1,582
55, 440
1.421
1,691
53, 507
1.467
2,123
46 179
1. 531
2,296
47 090
12, 916
10, 741
2,175
13, 702
11, 292
2,410
12, 538
10, 357
2,181
12, 472
10, 526
1,946
12, 687
10, 948
1,739
11, 010
9,398
1,612
12, 365
10, 428
1,937
11, 837
9,785
2,052
13, 886
11, 501
2,385
3,494
949
4,098
873
4,072
988
4, 106
846
4,365
953
4 231
853
4 726
1,055
4 264
964
4 861
1 344
4 748
1 290
4 837
1 218
4 542
1 114
Carriers of passengers (quarterly totals) :
Number of reporting carriers
_
Operating revenues, total
Expenses, total
Passengers carried (revenue)
907
1 073 1
1 025 2
65.9
900
1 181 8
1 102 6
70 5
136
90 6
85 8
51 9
138
109 8
93 9
57 9
Class I Railroads
Freight carloadings (A. A. R.):^
Total cars
Coal __.
Coke
Forest products _
Grain and grain products ..
Livestock
Ore ___
Merchandise, l.c.l
Miscellaneous
_._
_ do
do
do
do_
do
Freight carloadings, seas. adj. indexes (Fed. Res.):
Total
1935-39-100
Coal
__
do
Coke
do
Forest products
do
Grain and grain products...
Livestock
Ore
Merchandise, l.c.l ..
Miscellaneous
Financial operations:
Operating revenues, total 9 _
Freight
Passenger
_ do
do
do
_ do
do
.
mil. of dol
do
_ do
Operating expenses
do
Tax accruals, joint facility and equipment rents
mil. of dol _
Net railway operating income
do _
Net income (after taxes) %
__ _ __
do
Operating results:
Freight carried 1 mile
__ mil. of ton-miles
Revenue per ton-mile __
cents
Passengers carried 1 mile (revenue)
millions.
r
r
45.8
Waterway Traffic
Clearances, vessels in foreign trade:
Total U.S. ports _
__ thous. of net tons
Foreign vessels
do_
United States vessels __
do
Panama Canal:
Total
In United States vessels
thous. of long tons
do
T
1
Revised.
*» Preliminary.
See note marked " §."
§ Data beginning 1959 include operations intra-Alaska and intra-Hawaii, not included in earlier figures.
9 Includes data not shown separately.
cTData for August, October, and November 1958, and January, May, August, and October 1959 cover 5 weeks; other months, 4 weeks.
t Revision for August 1958, $74,400,000.
4 334
1 091
26
107
SURVEY OF CUEEENT BUSINESS
S-24
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1959
1959
January
February
March
April
June
May
July
August SeptemOctober
ber
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Travel
Hotels:
Average sale per occupied room. .
dollarsRooms occupied
percent of total
Restaurant sales index!
same month 1951 ~ 100
Foreign travel:
U S citizens- Arrivals
thousands
Departures
_- do
Aliens* Arrivals
do
Departures
-_ do
Passports issued and renewed
do
National parks, visits§
_do
Pullman Co.:
Revenue passenger-miles
millions
Passenger revenues
thous. of dol
8.84
69
108
9.37
75
113
9.07
65
106
8.22
54
113
8.56
67
117
8.64
69
118
8.28
66
114
9.11
72
116
8.48
68
121
9.08
69
117
8.42
60
117
9.41
64
110
188
129
112
79
38
2,061
141
105
87
70
34
1,333
109
91
73
60
28
584
105
115
75
77
30
411
115
118
74
60
48
428
117
128
65
54
58
478
150
148
82
66
86
630
139
144
82
64
95
746
143
159
95
79
93
1,348
165
224
99
99
84
3,158
199
226
105
98
65
5,306
252
51
5,612
283
4,389
305
4,726
297
4,645
415
6,440
370
5,845
318
6,130
311
5,063
268
4,356
255
4,124
301
4 813
302
4,829
300
4,786
601.1
344.0
201.6
363.8
100.5
57.6
620.0
351.7
212.1
383.5
100.4
57.9
602.7
348.8
197.1
360.5
102.6
58.1
635. 3
357. 9
219.1
398.8
99.7
58.5
624.7
357. 3
208.8
376.9
102.1
58.7
610.1
354.6
197.2
363.9
101.8
59.0
641.3
359.8
223.3
387.9
105.1
59.2
643.5
363.9
219.2
387.4
106.5
59.6
648.4
364.7
222. 6
388.9
108.2
59.9
652 5
367.5
224.5
392.8
107.8
60.1
656 6
366.2
229.3
408.5
103.2
60.4
654.3
365.8
226. 9
390.5
110.3
60.6
21,276
18, 873
1,726
22, 706
19, 594
2,506
19, 053
17, 585
926
20, 257
16, 612
3,287
20, 938
18, 657
1,264
19, 921
17, 275
1,680
22, 381
18, 676
2,664
21, 878
18, 485
2,355
21, 920
18, 920
1,959
22, 828
18, 960
2,849
21, 897
19, 720
1,171
21,905
18, 812
2,218
2,830
2,211
357
3,006
2,239
505
2,682
2,011
432
3,095
2,204
637
3,015
2,281
464
2,801
2.211
349
2,960
2,274
430
3,021
2,356
395
2,888
2,413
214
3, 055
2,388
435
3,094
2,364
411
2,936
2,246
367
3,645
2,837
701
3,856
2,887
876
3,458
2,804
560
3,876
3,185
619
3,722
2,929
668
3,506
2,720
651
3,884
2,923
829
3,949
2,922
900
3,824
2,949
750
4, 039
3,004
899
4,002
3,080
810
3,913
3,060
721
9.28
70
116
9.65
73
114
44
2,130
37
121
COMMUNICATIONS
Telephone carriers:
Operating re venues 9
Station revenues
Tolls, message
Operating expenses, before taxes
Net operating income
__
Phones in service end of month
mil. of dol
- do
- do _ .
do
_ - do
millions
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous. of dol
Operating expenses, incl depreciation
_ do
Net operating revenues
_
do _ Ocean-cable:
Operating revenues
__ __
do__
Operating expenses, incl depreciation
__ do
Net operating revenues
do
Radiotelegraph:
Operating revenues
__
do_Ope rating expenses incl depreciation
do
Net operating revenues
- do - -
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Acetylene J
mil of cu ft
Ammonia, synthetic anhydrous (commercial)
thous. of short tons_
Calcium carbide (commercial)
do
Carbon dioxide liquid gas and solidf
do
Chlorine gas
do
Hydrochloric acid (100% HC1)
do__Nitric acid (100% HN0 3 )
do _.
Oxygen (high purity) t
mil of cu. ft
Phosphoric acid (100% P2bs)
thous. of short tons
Sodium carbonate (soda ash), synthetic (58% Na 2 O)
thous. of short tons
Sodium bichromate and chromate
do
Sodium hydroxide (100% NaOH)
do
Sodium silicate (soluble silicate glass), anhydrous
thous of short tons
Sodium sulphates (anhydrous, refined; Glauber's salt;
crude salt cake)
thous. of short tons
Sulfuric acid (100% H 2 S04)J
do
r
942
1 037
988
1 024
1 031
957
993
996
1,052
961
994
980
304.8
76 5
74 2
304 1
66.9
326.0
324.6
338.8
326.5
384.1
95.3
69 4
351.8
85.0
400.2
80.9
77 4
341.5
82.7
413.1
82.5
88 8
386.8
366.5
342.6
81 8
68 2
335 1
76.7
333. 9
88.3
56 4
335. 4
78.0
368.8
349.5
364.0
86.6
89.9
364.3
88.3
87.6
359.2
223.7
3 291
138.7
254.5
3,725
258. 1
268.1
261.7
233.4
241.8
261.3
144.4
144.6
143.3
233.0
4,639
362. 4
98
393.9
3,676
75.8
79.2
62 4
331.4
80.3
81.7
59 6
310.9
78.3
244.8
3,765
240.8
3,992
267.2
4,656
151.0
241.0
4,016
145.6
166.9
168.2
361.4
9 0
357.0
362.3
404.5
372.8
9 7
364 4
8 5
335 6
416.8
9 6
387.2
10 9
375 9
92.8
56 8
335.2
4,652
87.9
97 5
88.4
108 4
81.4
104 4
2,066
154.1
153.4
406.5
10 4
419.7
10 2
394 7
423.8
402.2
413.1
10 0
387 9
434.6
9 6
367 8
38.7
45.8
49.7
43.6
35.5
33.3
43.3
53.8
54.0
39.1
30.4
36.0
88.2
1, 262. 6
85.5
1, 455. 6
84.1
1, 479. 5
84.8
1, 494. 8
85.5
1, 464. 3
76.5
1, 406. 3
89.3
1, 579. 9
89.6
1, 595. 9
88.7
1, 578. 6
85.5
1, 469. 5
84.6
1, 365. 1
1,310.9
53 644
90, 452
1,456
54 087
89, 683
1,990
57 311
79, 908
1,745
49 688
92, 145
1,530
58 614
90, 525
1,890
47 290
79, 951
1 387
57 570
86, 949
1,512
48 729
90, 445
1,797
57 734
89, 656
1,610
57, 441
88, 733
1,393
38, 127
30, 754
40, 470
26, 569
23, 225
39, 019
30, 672
27, 583
38, 143
28, 593
26, 299
35, 795
44, 606
28 625
25, 792
41, 875
583
34, 173
581
39, 112
692
33, 474
634
42, 995
29, 645
27, 127
2,518
43, 267
714
46, 684
28, 947
26, 623
43, 741
725
41, 576
32, 562
29, 697
2, 865
39, 333
635
685
23, 630
24, 475
6, 975
22, 647
22, 731
7,017
18,371
19, 399
5,975
21, 207
22, 131
5,128
21, 007
21, 723
18, 041
18, 184
4,311
23, 243
23, 507
4,107
23, 195
22, 939
11, 152
Creosote oil, production
thous. of gal
8,520
12, 745
DDT, production
thous. of lb_- 12, 291
9 654
8,681
Ethyl acetate (85%), production
do
99, 042
89, 410
Ethvlene glycol, production
do
Formaldehyde (37% HCHO), production
do - 134, 494 148,011
Glycerin, refined, all grades:
19, 354
23, 404
Production
. __do
40 622
40, 403
Stocks f*nd of month
do
Methanol, production:
135
149
Natural
thous. of gal
20, 1 51 21,698
Synthetic
do
27, 570
Phthalic anhydride, production
thous. of lb__ 25, 300
8,620
9,081
6, 917
12, 932
6, 821
97, 210
137, 067
7,423
11,422
6,908
10,417
7,819
13, 440
r
27,712
3,042
r
r
3,344
3,089
12, 387
9, 121
85, 493
135, 867
13,041
7,189
90, 277
128, 716
2,293
4,449
31,671
28, 771
2,900
2,324
43,112
4,358
r
9.4
398. 7
397.5
85.6
1, 332. 8
58 971
58, 546
92, 679
1,012
93,860
47, 628
32, 747
29, 962
41, 325
34 848
41, 121
34, 110
39, 557
32, 269
42, 943
753
42, 494
771
40 003
708
38, 661
594
38 348
714
23, 105
21, 888
22, 870
21, 609
21, 519
22, 788
20,819
8,727
9,052
6,660
5,587
2,834
5,559
1,361
2,785
6,744
5,453
21, 439
4,825
87, 747
129, 545
12, 629
10, 339
94, 036
148, 461
91, 187
144, 117
14, 095
8 441
94, 677
141, 493
14, 604
9 359
94, 808
149, 652
91, 956
128, 515
12, 717
7 923
96, 410
148, 129
5,394
89.2
3 207
140.3
163.6
330 3
r
79.0
147.9
4,728
378.1
9 8
374 0
Organic chemicals:cf
Acetic acid (synthetic and natural), production
thous of Ib
Acetic anhydride, production _
do
Acetylsalicylic acid (aspirin), production
do
Alcohol, ethyl:
Production
thous. of proof gal _
Stocks, end of month, total
do
In industrial alcohol bonded warehouses do
In denaturing plants
__
_ _
do
Used for denaturation
do
Withdrawn tax-paid _
.
-do
Alcohol, denatured:
Production
_ _ _ thous. of wine gal
Consumption (withdrawals) _ .
do _
Stocks, end of month
do
359.0
12, 809
7,248
20, 064
40, 362
21,998
42, 149
22, 000
42, 400
20, 500
44, 800
21, 000
43, 100
19, 900
39, 600
21, 100
36, 700
24, 600
38 900
18, 500
35, 000
23, 700
34 000
113
21, 295
28, 844
142
22, 179
29, 571
29,018
158
22, 837
155
20, 670
23, 995
192
19, 774
34, 223
156
18, 849
33, 316
34,911
203
21, 144
192
21, 800
31, 850
192
22, 265
32, 731
179
22 699
30, 970
20, 688
21,965
3, 506
25,400
32 900
Revised.
* Preliminary.
t Revised series (first shown in October 1959 SURVEY), reflecting change in comparison base period; monthly data for 1953-July 1958 are available upon request.
§Beginning with the October 1959 SURVEY, the figures include visits to Mount McKinley, Alaska and Hawaii National Park, Hawaii. Comparable data for earlier periods will be shown
later.
9 Includes data not shown separately, t Revisions for 1957 will be shown later; those for January-July 1958 for acetylene, carbon dioxide, and oxygen are in October 1959 SURVEY
(bottom p. S-24).
cf
Data
(except for alcohol) are reported on basis of 100-percent content of the specified material unless otherwise indicated.
SUKVEY OF CUERENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-25
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
Consumption (10 States) §
Exports, total 9
Nitrogenous materials
Phosphate materials
Potash materials. _
thous. of short tons
short tons
_ do
do
do
Imports, total 9
Nitrogenous materials, total 9 _
___
Nitrate of soda
Phosphate materials
_
__ _
Potash materials
do
__ d o
do
do
do
Potash deliveries
do
Superphosphate and other phosphatic fertilizers (100%
A.P.A.):
Production _
_ __ _ short tons
Stocks, end of month
do
340
64, 923
214, 930
41,441
411
338, 184
53, 558
249, 661
25, 648
581
447, 716
122, 223
276. 337
30, 316
1,491
476, 844
83, 044
319, 450
62, 689
1,799
464, 114
43, 281
354, 754
58, 321
1,488
471, 229
39, 425
375, 558
40, 118
789
473, 002
40, 778
393, 906
26, 446
316
530, 043
62, 390
438, 590
25, 334
256
462, 443
34, 861
368, 917
40, 171
456, 690
33, 852
362, 969
51, 178
191,448
136,003
304, 488
163, 525
45, 283
210, 864
129. 819
53, 239
28, 390
222, 337
126, 272
28, 019
14, 243
45, 387
271, 328
153, 100
48, 461
10, 987
56, 584
167, 444
56, 333
12, 060
5, 394
30, 160
48,412
51, 184
15, 349
233, 441
143, 529
38, 837
33, 270
20, 582
371, 174
287, 017
45, 418
25, 985
34, 857
323, 819
200, 980
32, 651
6, 122
93, 022
326, 968
199, 315
67, 118
12, 989
76, 514
115, 781
205, 581
102, 269
249,613
113, 247
166, 899
276, 146
360, 096
193, 210
85, 226
114, 563
223, 688
110, 579
170, 431
336, 078
210, 373
323, 380
211, 183
359, 511
215, 867
378, 734
225, 616
385, 448
236, 354
383, 647
265, 920
299, 965
257, 522
179, 589
241, 899
160, 279
188, 788
240, 179
169, 247
284, 881
178,067
305
77, 177
269
79, 494
209
70, 349
208
70, 643
61,215
352
205
67, 404
127
73, 523
316
86, 657
208
80, 427
124
80, 696
84
72, 245
141
75, 282
223
72, 049
145. 6
92.1
53.5
141.0
83.1
57.9
123.0
70.1
52.9
108.7
57.3
51.4
125.5
71.2
54.3
120.7
67.7
53.0
150.7
87.7
63.0
170.7
103.0
67.7
173.0
104.1
68.9
175.9
106.5
69.4
166.7
102.9
63.8
158.4
98.4
60.0
156.6
96.4
60.2
369
399
3,815
435
412, 294
70, 755
300, 839
29, 577
367
396, 415
67, 836
262, 518
53, 373
234, 742
137, 158
30, 108
239, 379
37, 224
477, 045
25, 558
399, 136
46, 594
21,610
144,484
55, 972
11,110
329
341,862
128, 743
49, 875
12, 942
31, 863
82, 371
23, 456
4,003
8,642
9,864
292, 913
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments:
Black blasting powder _.
_ _ thous. of Ib High explosives
do
Paints, varnish, and lacquer, factory shipments:
Total shipments
mil. of dol
Trade products
.
do _
Industrial
finishes
do
Sulfur (native):
Production
thous. of Ions: tons
Stocks (producers'), end of month
do-._
4,462
4,442
4,427
4,376
4,325
391
4,530
4,248
389
4,156
4,079
3,988
3,876
3,947
3,717
10, 035
271
3,475
8,542
4,238
8,432
4,634
9,432
3,882
4,437
4,086
8,690
288
317
4,028
8,292
161
3, 852
7, 954
290
9,049
227
4, 580
8,810
294
3,713
8,215
223
do
do
do
-do
__ _ __do _
39, 900
55, 257
28, 302
82, 133
30, 375
46, 205
58, 823
30, 108
88, 551
32, 558
43, 786
62, £60
27. 692
85, 649
26, 262
44, 295
44, 008
41,819
26, 503
81, 563
26, 901
29, 162
83, 659
30, 683
60, 905
27, 693
82, 937
29, 649
47, 9.r6
73, 706
30, 064
92, 310
34, 023
44, 943
67, 625
31, 565
92, 122
36, 373
do _ _
do _
do
do -
10, 382
75, 252
15, 816
10, 145
10, 842
83, 692
19, 137
10, 469
10, 194
11,041 10, 712
87,
329
78,
419
1
23, 057 i 21, 592
10, 604
14, 783
95, 133
i 26, 164
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
Phenolic and other tar acid resins
Polystyrene
TJrea and melamine resins
Vinyl resins
A Iky d resins
Rosin modifications
Polyester resins
Polyethylene resins
Miscellaneous
_
_
318
4,652
-
336
10, 665
8,730
348
11,327
12, 433
79, 309
19, 386
360
9,246
78, 666
18, 666
378
61,003
346
62,241
318
374
8,121
315
46, 567
347
304
8,012
250
238
45, 775
39, 952
69, 210
65, 723
28, 324
23, 470
' 94, 272 98, 766
r
32, 200
30, 587
30, 370
98, 884
35, 729
46, 320
72, 312
33, 967
98, 405
34, 395
12,413 12, 518
14, 068
15, 691
98,
312 104, 549
1
25, 903 i 24, 192
12, 601
13, 680
98, 907
i 26, 468
' 10, 706
11, 686
100, 477
^22, 434
11, 428
11, 492
103,
097
1
25, 146
73,915
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total
mil of kw -hr
Electric utilities, total
do
By fuels
do
By waterpower
do
Privately and municipally owned utilities
Other producers (publicly owned)
Industrial establishments, total
By fuels
By waterpower
Sales to ultimate customers, total (EEI)
Commercial and industrial:
Small light and power
Large light and power
60 689
53, 993
43 258
10, 735
62 416
55 357
44 543
10, 814
60 875
53, 921
43 376
10, 545
66 324
59 211
48 458
10, 753
67 227
59, 943
48 652
11, 292
60 968
54, 158
43 487
10, 671
65 889
58, 352
46 327
12, 025
63 394
55, 807
43 637
12, 170
65 381
57, 661
45 924
11, 737
67, 390
59, 840
48 586
11, 254
68 539
61, 695
50 212
11, 482
69, 562
63, 084
52, 127
10, 957
64, 846
58, 585
48, 321
10, 264
do
do
43 767
10 226
44 853
10 504
43 587
10 334
48 090
11 121
48 688
11 256
43 938
10 220
47 369
10 983
45 376
10 431
46 872
10 790
49 001
10, 839
50 037
11, 658
51, 263
11, 821
47, 979
10, 605
do
do
do
6 696
6 466
230
7 060
6 822
238
6 953
6 690
263
7 113
6 870
243
7 284
6 999
285
6 810
6 554
256
7,537
7 247
290
7 587
7 264
323
7,720
7 411
309
7, 550
7 284
267
6,844
6 608
236
6,478
6,261
217
6,261
6,017
245
do
49 233
48 338
47, 845
50 337
52 461
51, 140
51, 427
50 434
50, 410
52, 120
52 661
53,658 P 53, 900
do
do
9, 366
23 878
8 699
24 335
8, 364
23 817
8,564
24 447
8,810
24 301
8,647
23 826
8, 549
25 052
8 429
25 049
8,673
25, 743
9,433
26 550
10 114
25 531
10, 611 P 10, 700
25,297 * 26, 000
289
12, 943
1 170
448
1 083
56
300
12 462
900
493
1 096
53
304
12 898
794
526
1 094
48
372
14 420
791
560
1 127
56
355
16 363
868
563
1 149
51
339
15, 741
860
509
1 171
47
333
14 848
921
497
1 167
60
307
13 907
1 083
454
1 150
56
289
12, 975
1,088
424
1 161
56
282
13,008
1 191
404
1 193
59
277
13 681
1 408
415
1 170
65
363
14, 190 » 14, 580
1,499
446
1,193
60
840.9
821.5
814.7
849.0
885.7
872.3
859.0
842.7
842.0
867.2
886.2
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)
- mil. of dol
906.9
GAS
Manufactured and mixed gas (quarterly): t
Customers, end of quarter, total 9
thousands
Residential
do
Industrial and commercial
_
do
3,010
2 811
197
2,899
2 709
188
2,878
2 686
191
2,866
2,674
189
mil. of therms
do
do
302
181
116
609
444
159
960
748
205
511
344
154
Revenue from sales to consumers, total 9
mil of dol
Residential
do
Industrial and commercial
do
47 1
34.1
12 7
82 9
64.5
17 9
121 7
97.6
23 4
70.9
53.5
16.7
Sales to consumers, total 9
Residential
Industrial and commercial
T
Revised.
v Preliminary.
' Beginning 1959 includes protective coatings; earlier data (which exclude such coatings) are not comparable.
§States represented are: North Carolina, South Carolina, Georgia, Florida, Alabama, Tennessee, Arkansas, Louisiana, Texas, Oklahoma. According to quarterly reports from Virginia,
consumption in that State is as follows: (thous. short tons): 1958—July-September, 76; October-December, 84; 1959—January-March, 316; April-June, 303; July-September, 69.
9 Includes data not shown separately.
^Revisions for 1st and 2d quarters of 1958 are available upon request.
SUEVEY OF CURKENT BUSINESS
S-26
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemNovem- DecemBUSINESS STATISTICS
October
ber
ber
ber
November 1959
1959
January
February
March
May
April
June
July
October
August September
ELECTRIC POWER AND GAS—Continued
GAS— Continued
Natural gas (quarterly) : 9
Customers end of quarter, total
Residential
Industrial and commercial
Sales to consumers total
Residential
Industrial and commercial
thousands
do
do
27, 859
25, 687
2,138
28, 722
26, 394
2,293
28,950
26, 625
2,289
28, 185
26, 557
2,223
mil of therms
do
do
14 501
2,280
11, 385
20. 385
6,611
12, 630
27 604
12, 966
13, 543
19, 984
5,626
13, 254
672.1
281. 3
368 3
1,110.8
612.5
463.6
1, 687. 1
1, 093. 1
559 4
1, 053. 8
549.4
472.4
Revenue from sales to consumers, total
Residential __
Industrial and commercial
mil. of dol
do__ _
do
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
thous of bbl
Taxable withdrawals
do
Stocks end of month
do
Distilled spirits (total):
Production
thous of tax gal
Consumption, apparent, for beverage purposes
thous of wine gal
Taxable withdrawals
thous of tax gal
Stocks end of month
do
Imports
thous of proof gal
Whisky:
Production
thous. of tax gal
Taxable withdrawals _ _
__
_
_ _ do_.
Stocks, end of month
do
Imports
- _
_
thous. of proof gal
Rectified spirits and wines, production, totaled
thous of proof gal
Whisky
do
Wines and distilling materials:
Effervescent wines:
Production _ _ _ _ _
thous. of wine gal _
Taxable withdrawals
do
Stocks, end of month.
do___
Imports
do
Still wines:
Production. _
do. __
Taxable withdrawals
do
Stocks, end of month
__
_
do
Imports
do
Distilling materials produced at wineries
do
T
7 227
7 185
10 066
6 824
6,893
9 586
5 810
5 852
9 212
6 834
6,651
9 005
6,353
5,565
9 437
24 794
24 177
5,894
5,346
9,631
22, 076
23, 407
9,586
8,823
11,314
9,648
9,307
11, 116
8,689
8,602
10, 698
8,115
8,063
10, 261
11, 235
19, 264
15,624
29, 214
i 18, 634
12, 817
888 850
2,517
i 17, 259
12, 909
15, 085
884, 237 '881 152
2,377
2,750
15, 946
879 755
3 613
14, 468
6,635
768 349
2, 054
15, 509
6,311
774, 235
2,280
14, 532
6,599
779, 245
2,359
12, 131
5,967
782, 853
2,236
6,747
5,720
781, 225
2,112
7,193
' 7, 676
777, 675
2,449
9 854
7,715
776 868
3,173
6 144
5 013
6 304
5 046
6 379
5 069
6 803
5,316
6 444
4 972
5,979
4,703
6,755
5,173
8 377
6'646
224
197
1,645
37
321
149
1,797
43
381
189
1,974
50
295
177
2,069
56
301
216
2,138
68
349
268
2,188
62
305
167
2,308
46
285
204
2,326
52
229
275
2,296
96
6,111
13 487
200 303
946
13 353
2,384
11, 349
190, 040
522
3,111
2,392
11 173
177, 318
522
1,579
2, 987
13 334
169, 404
703
2,537
2,895
11 870
157, 280
668
2,531
1,766
10, 921
149, 563
889
4,474
1,601
11 284
138, 082
696
2,880
1,410
9,671
126, 029
552
r
2, 185
6,243
10,406
117, 477
690
21, 677
57, 452
12 287
167 740
981
122, 953
89 991
93 347
.594
107 237
69, 295
.613
116 300
63, 708
.588
108 190
64, 033
.589
121 395
63, 294
.588
126 845
82, 278
.588
143 390
104, 138
.587
135 605
138, 224
.588
112, 485
148, 060
.593
90,890
82 555
131, 988 r 93^ 012
.609
.637
93 380
59 551
99 867
61 971
100 495
65, 690
96 570
64, 155
116 720
78 055
128 225
90,750
153 335
114, 410
150 075
112, 310
129, 355
94, 085
113, 440
81, 350
327, 843 r 302, 999
282, 444 256 405
6,277
5,755
293, 189
249 042
6 648
269, 469
235, 998
5,320
260, 100
227, 830
4,853
257, 271
226 083
5,649
283, 189
248 748
4,879
310, 107
272, 216
4,268
347, 725
307 301
5,148
371, 620
330, 626
3,906
375, 833 '369,862
334, 261 '327 261
3,614
6,724
.380
.380
.380
.380
.382
.385
5,725
5,310
208 200 ••272,400
6,100
269, 600
6,160
235, 200
5,430
216, 200
4,925
184 800
21, 966
20, 431
21 259
15,870
844 385
4,277
25 806 i 15, 134
11, 043
10, 175
854 946 861 884
1,801
3 280
* 15, 328
11, 545
866 203
1,851
1
9 172
7,062
741 769
2,587
15, 188
10, 374
742 531
3,010
14, 220
8,699
744 602
3,875
16 343
5,347
753 073
2 898
14, 441
5,901
759, 106
1,568
13, 994
6,311
763, 704
1,680
6 865
5 429
10 892
9 069
8 849
7 480
5 776
4 536
5 141
3 939
113
212
2,124
58
201
306
1,986
99
185
353
1,795
131
268
389
1,635
123
47, 258
12 668
145, 133
677
r
115, 851
78, 613
13 945
209 363
827
154 877
15, 228
12 631
212 516
979
35 661
92 520
119, 703
.598
101 266
66 281
r
8,672
7,969
11, 069
21,961
25 054
21 547
19, 727
843 626
3 392
r
8,679
7,510
10 842
18 674 * 17, 153 1 18, 175
13, 354
13, 972
12, 978
872 725 878 849 884 492
2,548
2,669
2,330
39 878
562
809
026
947
16
13
845
2
7,702
6,717
10 161
DAIRY PRODUCTS
Butter, creamery:
Production (factory) t
thous. of Ib
86 929
Stocks, cold storage, end of month
do
145 671
Price, wholesale, 92-score (New York) dol. per lb__
.613
Cheese:
Production (factory), total t
thous. of Ib
103 465
American, whole milk %
do.
71 126
Stocks, cold storage, end of month, total.. __ do
American, whole milk
do
Imports
_.
_
do
Price, wholesale, American, single daisies (Chicago)
dol. perlb..
Condensed and evaporated milk:
Production, case goods :J
Condensed (sweetened)
thous. of lb_
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, manufacturers' average selling:
Evaporated (unsweetened)
__ dol. per case. _
Fluid milk:
Production on farms
mil. of lb__
Utilization in manufactured dairy productsj...do
Price, wholesale, U.S. average
dol per 100 Ib
Dry milk:
Production :J
Dry whole milk
thous. of lb__
Nonfat dry milk (human food) _
do_.
Stocks, manufacturers', end of month:
Dry whole milk _ _ _ _ .
do_ _
Nonfat dry milk (human food).
do
Exports:
Dry whole milk
do
Nonfat dry milk (human food)
__ do
Price, manufacturers' average selling, nonfat dry
milk (human food)
dol. perlb__
350, 449
304 842
4,197
103 170
69 950
.390
.391
.390
.384
.381
.382
.382
5,128
184, 702
4,344
161, 624
3,862
131, 902
4,186
138 605
4,220
143, 500
4,880
140, 900
5,230
182, 600
7,440
387 966
5, 956
353 048
5 604
274 851
4 537
190 141
3,936
135 833
3,791
92 420
5 087
83 814
4 859
106 198
5 741
193 121
6 444
288 979
5,715
333, 008
5,666
375, 249
6 913
383' 959
3,112
4 358
2,922
8 568
3,962
29 793
2,985
19 853
2,691
5,057
3,127
2,083
2,708
5 131
3,854
4 362
3,486
4,524
2,653
5 983
5,002
17,063
3,563
10, 669
2,015
9 259
r
6.15
6.14
6.14
6.15
6.16
6.17
6.17
6.17
6.15
6.16
6.15
6.18
6.18
9,492
r3,264
4 32
9,455
r
3, 307
4 46
8,889
3, 099
4 49
9,371
3, 527
4 44
9,754
3, 741
4 34
9,344
3, 527
4 22
10, 667
r
4, 092
4 06
11,171
r
4, 372
3 89
12, 595
r
5, 108
3 75
12, 152
r
4, 913
3 70
12, 224
r
3, 148
3 90
10,335
'3,504
4 09
9,413
3,168
r 4 36
7,990
90,587
8,480
99, 159
6,956
102 444
6,815
126 263
8,300
138,250
7,400
132, 450
8,150
157 400
7,750
178 200
8,800
211 200
8,900
200 000
7,100
150,400
6,600
117, 500
7 400
96 200
9,515
95, 315
9,273
82,383
7,282
79, 744
6 211
87, 113
6,390
87, 475
6,203
86, 460
6,025
78, 807
6,235
88, 636
6 864
125, 248
7 055
144, 615
7,490
132, 496
7,282
114, 533
4 916
98. 665
9 024
7,551
2 340
10, 698
3 798
10, 822
1 875
32 366
3 961
12, 524
1 577
6,931
1 812
13 743
1 779
19 885
1 535
53 505
2 203
21 920
2 560
35 105
1 393
29,524
2 798
30 972
r
r
r
r
67,801
.633
345, 926
305, 873
.388
9,453
p 4 49
.136
.136
.135
.136
.136
.136
.136
.136
.136
.136
.136
.135
.135
Revised.
*> Preliminary.
* Data for Alaska, included beginning January 1959, are as follows (thous. of wine gallons): January-July—30; 26; 32; 49; 45; 51; 40.
9 Totals include data not shown separately. Revisions for 1st and 2d quarters of 1958 (back to 1952 for total sales and total revenue) are available upon request.
cfData beginning July 1958 exclude production of wines and vermouth; for July 1957-June 1958, such production totaled 112,000 gal.
JRevisions for the indicated items and for the periods specified are available upon request as follows: Butter and cheese (total and American)—January 1957-July 1958; condensed and evaporated milk—January-July 1958; dry whole milk—January 1952-December 1955 and January-July 1958; nonfat dry milk—January 1954-July 1958; fluid milk used in manufactured dairy
products—January 1956-August 1959.
r
SUEVEY OF CURRENT BUSINESS
November 11)59
19 58
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-27
19 59
January
February
March
April
May
June
July
August SeptemOctober
ber
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
tlious, of bu_ Shipments, carlot
- No. of carloads
Stocks, cold storage, end of month
thous. of b u _ -
2
2,136
27, 955
1,997
20, 912
2,225
14, 244
2.249
7,876
1,545
3,893
893
1, 577
583
306
••315
' 187
307 ' 14, 300
117,727
1,420
47, 562
9,065
7,809
7,016
8,285
8,846
8,592
7,037
' 6, 037
' 5, 203 '3,715
3,311
511, 597
206. 758
899, 570
493, 172
222. 711
846, 853
458, 198
297, 741
761, 248
404, 354
396, 238
687, 121
361, 374
418. 899
647, 899
305, 726
487. 091
637, 920
286. 046
595, 481
593, 334
362, 245
633, 096
623, 129
498, 221
573, 275
730, 596
r
533, 934 521,708
517, 051 -446,617
r
871, 747 925, 030
499, 175
392, 749
938, 479
10, 368
10, 100
'265,729
12, 271
15, 333
14, 383
17, 297
17, 155
16, 437
16, 426
8,938
r 7, 124
2.863
3.225
2.888
2.925
3.130
2. 783
4.219
5. 000
5.450
4.090
3.635
* 3. 150
60, 046
63, 597
61, 601
69, 439
73, 190
58, 932
64, 140
62, 830
72, 163
70, 769
82, 792
65, 228
63, 717
19, 824
17, 430
10, 746
1 470, 449
13, 606
14, 238
12, 378
12, 673
12, 585
11, 430
13, 731
21, 156
32, 227
18, 110
do
44, 270
do . .. 306, 800
do
10, 678
48, 520
47, 924
47, 639
35, 645
39, 474
6,918
4, 474
14, 368
14, 782
* 40, 896
251, 656
11,821
38, 181
5, 994
35, 140
3 64, 227
12, 077
34, 988
11, 492
43, 524
151 372
7,715
39, 222
7,135
46, 918
225, 368
12, 912
47, 149
9,622
1.182
1. 145
1.172
1. 132
1.190
1. 163
1.169
1. 139
1.214
1.175
1.180
1.139
1. 228
1.183
1. 235
1.197
1.207
1.155
1.165
1.160
1.167
1.120
1.174
1.094
1.172
1.108
13, 802
33, 229
11, 531
47, 306
•i 3, 800
11, 539
29,600
* 11, 742
28, 388
11, 759
33, 166
* 12, 547
36, 402
4 12, 751
42, 520
4 12, 724
28,388
4 13, 545
34, 702
4 12, 685
24, 226
i 13, 863
21, 592
90, 153
109, 234
105, 231
121,421
16, 679
21, 452
101, 876 - 102,718
3 329. 6
15, 835
15, 094
107, 236
16, 721
116,813
1 115 4
19, 737
104, 622
16, 444
109, 792
1 815 9
13, 597
120, 285
20, 564
100, 026
2, 696 0
19, 277
97, 973
15, 698
1. 149
1.068
1. 117
1. 074
1. 167
1.096
1.171
1.098
1.179
1.101
1.207
1.130
1.283
1. 218
1.290
1.225
1.289
1.246
1.265
1.222
1.272
1.203
1.163
1. 116
1.097
1.071
5,162
3,672
1, 422
7,381
9,140
5, 741
7,206
6,474
9,140
9,348
19, 975
18, 379
8, 159
33, 943
28, 297
23, 013
22, 183
17, 298
29, 246
4,040
.699
3.328
.676
2,200
.700
2,345
.694
14, 365
299 734
4,412
.700
21, 754
2, 100
(5)
20, 154
587, 576
2,218
.676
19, 659
1, 830
.612
9,330
.701
4,845
.704
' 31, 054
898, 819
2, 495
.686
125,914
105, 497
168. 809
57, 019
92, 469
45, 755
133, 123
60, 326
90, 282
92, 837
115, 677
77, 788
110, 076
68, 975
96, 452
50, 769
93, 618
62, 920
127, 557
74, 501
48, 000
42, 687
29, 510
37, 521
28, 329
73, 452
45, 664
26, 875
838
16, 401
2,366
54, 123
1,790
47, 409
Citrtis fruits, carlot shipments
No of carloads
2,696
Frozen fruits, juices, and vegetables:
Stocks, cold storage, end of month:
Fruits
thous. of lb^ 539, 084
Fruit juices and purees. .
__ .. do
292,215
Vegetables
do
860, 752
Potatoes, white:
Production (crop, estimate)
_. -thous. of cwt Shipments, carlot _ _ _..
No. of carloads
9,085
Price, wholesale, U.S. No. 1 (New York)
dol. per 100 Ib
3. 125
2,263
4,112
530, 821
245, 039
904, 594
' 126, 610
2,494
37, 547
' 9, 219
2242,172
9, 810
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat) --thous. of bu.
Barley:
Production (crop estimate)
Receipts, 4 principal markets
Stocks, domestic, end of month:
Commercial
On farms.
Exports, including malt §
Prices, wholesale (Minneapolis):
No 2 malting
No. 3, straight--
._
do
do
dol per bu
do
1.182
1. 137
Corn:
Production (crop estimate)
mil. of bu_.
Grindings wet process
thous of bu
12, 333
Receipts, interior primary markets
do
27, 006
Stocks, domestic, end of month:
Commerical
_
_
do
88. 563
On farms ...
.
mil. o f b u . . s 344. 2
Exports, including meal and flour thous. of bu. . 17, 052
Prices, wholesale:
No. 3, yellow (Chicago) . dol. per bu
1.266
Weighted average, 5 markets, all grades
do
1.115
Oats:
Production (crop estimate)
mil. of bu_.
Receipts, ulterior primary markets
thous. of bu.. 12, 292
Stocks, domestic, end of month:
Commercial
do
38, 519
On farms
_ .._
- _ ___
do_ .. 1, 202, 549
Exports, including oatmeal _ _ _ . _
...do _ .
866
Price, wholesale, No, 3, white (Chicago) __dol. per bu._
.621
Rice:
Production (crop estimate)
thous. of bags 9 - California:
Receipts, domestic, rough
thous. of Ib
Shipments from mills, milled rice
.-. do.
Stocks, rough and cleaned (cleaned basis), end
of month
thous. of lb_ _
Southern States (Ark., La., Tenn., Tex.):
Receipts, rough, at mills
do
Shipments from mills, milled rice.-.
do. _ _
Stocks, domestic, rough and cleaned (cleaned
basis), end of month
mil. of lb_.
Exports
thous. of lb_.
Price, wholesale, head, clean (N.O.)
dol. per lb--
Rye:
Production (crop estimate)
thous. of b u _ Receipts, interior primary markets _ _
do
Stocks, commercial, domestic, end of month.-.do
Price, wholesale, No. 2 (Minneapolis) __dol. per bu.Wheat:
Production (crop estimate), total
Spring wheat
Winter wheat
Receipts, interior primary markets
Disappearance (quarterly total)
Stocks, end of month:
Canada (Canadian wheat)
United States, domestic, total cT
mil. of bu.Commercial (at terminal cities) 1__. thous. of bu..
Interior mills (incl. merchant), elevators, and
warehouses
thous. of bu. _
On farms
do
Exports, total, including
Wheat only
flour
do
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
r
25, 672
952, 566
3,122
.698
22, 339
1
2 4, 402
13, 575
18, 452 ~~26~839~
2
3
92, 062
54, 010
78, 735
74, 871
93, 683
55, 408
53, 447
51, 417
57, 281
53, 396
55, 578
641, 449 1,075,108 312, 735
120, 794 163, 518 120, 766
196, 864
113, 685
135, 098
131, 856
68,465
141, 994
98, 036
119, 870
29, 009
170, 607
36, 041
156, 838
61,418
209, 588
34, 322
140, 284
250, 976 1,168,507
150, 912 219, 857
535. 1
133, 979
.091
1,115.2
135, 699
.093
1, 172. 1
69, 316
.091
1, 182. 3
55, 606
.093
1, 137. 1
69, 613
.094
1, 038. 0
55, 341
.093
867.0
131, 368
.091
723.8
91, 533
.089
617.1
137, 551
.089
488.9
175, 264
.093
592.2
142, 268
.091
365.8
204, 780
.089
1, 095
6,284
1. 253
843
6,277
1.262
408
5, 495
1.231
1,042
4,271
1.274
830
3,680
1.289
1,001
3,374
1.311
557
3,122
1.303
1,042
2,093
1.250
594
2,820
1.260
2,758
4,979
1.242
4,017
7,613
1.261
1
1
1
36, 172
28, 747
381, 512
372, 660
371, 059
2, 141. 1
472, 590
4757989~ "456," 812
940, 838
643, 900
32, 485
420
4,973
1.230
1, 462 2
1
282. 3
1, 179. 9
29, 394
322, 743
1,075
5, 881
26, 127
."740
2 53, 111
i 47, 015
mil. of bu .
do
do
thous. of bu._ 56, 821
_..do
203, 260
do
1
4
2408,442
14, 977
891. J
90,401
».081
1,441
' 8, 702
1.256
2 20, 996
821
8,211
1.264
21,117.4
2 208. 1
2 909. 3
40, 170
25, 251
31, 988
30, 387
37, 079
282, 282
20, 453
31, 988
379, 269
380, 133
375, 434
374, 184
376, 435
359, 558
1,820.2
422, 047
1, 540. 7
2, 124. 8
'1, 278. 6
4297 989 ~ "433," 776" 419, 579 " 432," 427" ~4l8~766~ 3 391, 378 ~5397 068" "5567360" ' 526,717 "540," 146"
854, 305
456, 581
r
2
761, 126
282, 989
3
51, 078
263 778
86,660
51, 258
368, 623
406, 382
398, 930
271, 795
691,241
114, 908
384, 031
1,073,809
447, 305
30, 489
26, 387
36, 152
29, 587
31,092
25, 927
34, 038
28, 744
40, 911
35, 427
31, 727
28, 410
40. 391
36, 851
36, 968
31, 521
43, 607
36, 826
34, 408
26, 762
36, 322
33, 439
29, 917
25, 634
2.218
1.951
1.819
2.174
2.266
1.974
1.923
2.213
2.250
1.999
1.930
2.220
2. 235
1.984
1.948
2.208
2.205
1.998
2.037
2.187
2. 227
2.028
2.041
2.162
2.211
2.067
2.018
2. 195
2.215
2.090
1.904
2.191
2.282
2.030
1.885
2.212
2.310
1.916
1.773
2. 122
2.295
1.936
1.801
2.087
2.241
1.993
1.867
2 248
33, 099
27, 627
2.243
2.013
1.881
2 246
2.293
2.048
1. 858
9 981
2
Revised.
* Preliminary.
1 December 1 estimate of 1958 crop.
November 1 estimate of 1959 crop.
Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
4 Data beginning January 1959 are
on standard 17-percent
3
moisture basis; prior thereto, on basis of varying moisture content (from 12 to 25 percent). January 1959 figure comparable with earlier data is 11,885,000 bushels
No quotation
§ Excludes a small amount of pearl barley.
9 Bags of 100 Ib.
cfThe total includes wheat owned by Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.
IData for March, June, September, and December are not strictly comparable with those for other months, largely because of somewhat smaller coverage of the quarterly reports.
3
SURVEY OF CUERENT BUSINESS
^28
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemNovem- DecemBUSINESS STATISTICS
October
ber
ber
ber
^November 1959
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued
Wheat flour:
Production:
21 504
Flour _
thous of sacks (100 Ib )
23. 385
92 5
Operations, percent of capacity
93 2
Offal
thous. of short tons__
402
435
Grindings of wheat __
thous. of bu
53. 084
48, 875
Stocks held by mills, end of quarter
thous of sacks (100 Ib )
' 4 374
2,854
Exports
do
1,784
Prices, wholesale:
Spring, short patents (Minneapolis)
5. 830
dol. per sack (100 lb.)_. 5.870
5 230
5. 465
Winter, hard, short patents (Kansas City) do
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected) :
Calves .
thous. of animals
Cattle
_ „
do _
Keceipts, principal markets
do
Shipments, feeder to 9 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
dol per 100 Ib
Steers, stocker and feeder (Kansas City)
do
Calves, vealers (Chicago)
do
Hogs:
Slaughter (federally inspected)
thous. of animals__
Receipts, principal markets
do
Prices:
Wholesale, average, all grades (Chicago)
dol. per 100 lb_.
Hog-corn price ratio
bu. of corn equal in value to 100 Ib. of live hog__
Sheep and lambs:
Slaughter (federally inspected)
thous. of animals__
Receipts, principal markets
do
Shipments, feeder, to 9 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
dol. per 100 Ib
Lambs, feeder, good and choice (Omaha)
do
MEATS
Total meats:
Production (carcass weight, leaf lard out), inspected
slaughter
mil of Ib
Stocks (excluding lard), cold storage, end of month
mil. of lb__
Exports (including lard)
do
Imports (excluding lard)
do
Beef and veal:
Production, inspected slaughter
do
Stocks, cold storage, end of month
thous. of lb_.
Exports
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
dol. per lb__
Lamb and mutton:
Production inspected slaughter
thous of Ib
Stocks cold storage end of month
do
Pork (including lard), production, inspected slaughter
mil. of lb_.
Pork (excluding lard) :
Production inspected slaughter
thous of Ib
Stocks, cold storage, end of month
_
do __
Exports
do
Imports
do
Prices, wholesale:
Hams smoked composite
dol per Ib
Fresh loins, 8-12 Ib. average (New York)
do
Lard:
Production inspected slaughter
thous of Ib
Stocks dry and cold storage end of month
do
Exports
do
Price wholesale refined (Chicago)
dol per Ib
20, 191
96 7
375
45, 825
21, 072
87 0
390
47, 950
21, 584
93 3
400
48, 959
18, 861
85 6
351
42, 884
20, 595
84 8
382
46, 720
19, 454
80 0
360
44, 113
20, 272
87.4
375
45, 953
20, 187
82.7
376
46, 056
19, 944
78 1
374
45, 445
20, 514
88. 1
390
46, 869
21. 371
91 5
409
48, 945
2,245
* 4 349
2,302
2,384
1,442
4 519
1, 539
2,368
2,948
4,389
3,324
1,253
1, 862
4 757
2,379
5.760
5 400
5.580
5 125
i 5. 430
i 4 850
i 5. 450
i 5. 025
i 5. 450
1
4. 975
i 5. 420
i 5. 005
i 5. 630
i 5. 185
i 5. 690
i 4. 975
424
.1,441
1,751
386
377
1,219
1,416
291
423
1,334
1,753
344
406
1,433
1,759
477
358
1,412
1,633
349
366
1,473
1,793
295
27.81
26. 10
36. 50
27.44
25.97
2 36. 00
28.22
27.78
2 33. 00
29.32
28.63
35. 00
28.82
28.69
2 35. 00
28.15
27. 24
2 30. 50
5. 730
5.065
1
1
5. 550 p il 5. 495
5.070 v 5. 095
382
1.557
1,699
329
359
1,450
1, 855
444
415
1,539
2,197
862
471
1,586
27. 36
25.96
30. 00
27.48
25. 38
3 29. 50
27.06
24.41
5,184
2,623
4,977
2,539
5, 767
2,881
6, 646
14.94
13.02
13.56
13.20
12.60
12.9
11.8
12.4
12.3
12.7
1,017
962
192
1,056
936
168
1,107
912
220
1,010
1,061
431
1,177
1,474
560
1,200
21.50
19.88
24.75
20.28
25.25
20.62
22.50
19.46
22.00
19.50
20.62
19.08
19.75
18.80
1,950
2,013
1,890
1,916
1,991
1,840
2,038
602
66
64
660
63
94
647
73
84
582
72
101
513
87
87
432
75
88
••408
64
108
855. 4
184, 641
1,850
28, 767
912.3
184, 291
2,039
52, 579
898.2
184, 571
2,283
43, 688
926.9
177, 562
1,759
56, 785
975.7
172, 748
2,124
58, 401
471
1,561
2,440
815
541
1,647
2,670
1,273
441
1, 302
1,907
897
474
1,437
1,793
352
26 65
25.47
32 00
26 70
25.80
32 00
26.79
26.46
33.50
27 01
25.81
32 50
5, 219
2,633
5,911
2,897
5,258
2, 509
5,814
3,015
5, 885
2, 993
5.686
2,751
5,733
2,900
5,652
2,899
4,970
2, 551
4,902
2,635
20.04
18.76
18.06
17.42
16.25
15.32
15.72
15.77
15.59
17.6
17.8
19.0
17.2
16.1
14.8
14.5
13.8
13.5
1, 045
1,357
565
1, 131
1,273
636
883
817
222
1,061
937
121
1,322
1, 128
163
1,080
875
153
1,143
1,009
120
1,101
1, 005
156
22.00
22.78
22.25
23.03
21.88
22.56
19.75
20.88
18.62
19.75
18.62
19.71
21.25
19.55
1,914
2,125
1,832
2,048
2.084
1,862
317
47
83
346
65
74
419
67
71
462
49
85
499
68
80
582
78
66
948.8
132, 938
2 514
46. 679
1, 019. 2
149, 210
3,027
41,019
816.4
171, 633
2,161
38, 181
919.7
189, 655
2,619
43, 764
929.7
189, 467
1,919
42, 574
783.1
186, 850
1,470
38, 945
2
1
1
2
2
27.61
26.47
28. 50
2
902.7
962.3
170, 816 ' 178, 606
2,729
2,190
70,218
88, 618
.456
.455
.452
.462
.481
.482
.485
.494
.491
.480
.469
.461
.473
47, 691
9,927
51, 785
9,913
41, 780
9,280
51. 927
9, 189
66, 846
10, 118
55, 104
11, 053
57, 520
10, 991
54, 888
13, 478
48, 144
15, 730
48, 010
16, 614
50, 008
17, 374
45, 719
14, 605
54, 344
892.0
1, 021. 6
1, 076. 2 1, 087. 0
1, 023. 5 1, 036. 6 1, 046. 2
944.0
941.3
965.4
775, 119
337, 120
4,824
16, 538
781, 917
380, 997
4,431
18, 829
698, 326
365, 360
5,709
15, 689
701,039
313, 141
4,801
15, 705
713, 515
248, 352
5,788
15, 678
.500
.430
.506
.422
.496
.453
.496
.463
.490
.496
.464
.457
183, 679
117, 900
56, 521
.121
191, 489
132, 200
41, 910
.120
193, 530
146, 900
41, 248
.123
179, 111
158, 200
45, 163
.120
175, 734
147, 800
46, 840
.120
183, 991
135, 600
58, 365
.113
917.4
1, 054. 4
973.7
698 914
127, 088
3,627
13, 837
793 024
134, 361
5,134
15, 989
730 133
184, 438
5,789
16. 931
800 301
206, 414
4,831
18, 918
812 884
240, 489
4,976
18, 404
771, 769
319, 951
7,500
12, 900
.536
.548
.521
.521
.543
.497
.571
.478
.539
.480
159 979
45 774
25, 177
155
190 814
54, 166
39, 322
158
177 557
67, 938
40, 352
145
201 269
95, 000
26, 129
128
200, 784
109, 100
42, 149
124
POULTRY AND EGGS
Poultry:
602
Slaughter (commercial production)
mil of Ib
Stocks, cold storage (frozen), end of month
thous. of lb_. 278, 649
160, 808
Turkeys
do
Price, in Georgia producing area, live broilers
.155
dol. per lb._
Eggs:
12.5
Production on farms
mil. of cases 9 Stocks, cold storage, end of month:
290
Shell
thous. of cases..
116, 645
Frozen
thous. of Ib
Price, wholesale, extras, large (delivered; Chicago)
.463
dol. per doz_.
421
172, 762
.461
670, 330 773, 253
183, 745 r 163, 447
6,825
6,546
11, 885
12, 101
184, 366
'.450
.446
T>. 453
.480
.460
161, 921
100, 300
39, 535
.108
181, 780
93, 000
57, 279
p. 118
545
600
689
604
521
402
346
393
432
497
482
475
408, 089
254, 849
377. 235
207, 845
346, 603
162, 055
331, 835
160, 476
293, 562
140, 510
250, 298
112, 252
215, 310
86, 699
199, 037
67, 688
196, 847
64, 816
196, 438
66, 885
.152
.150
.141
.175
.165
.170
.155
.152
.150
.150
.145
.148
.142
13.4
13.7
14.6
14.9
14.1
16.5
16.1.
15.9
14.3
13.7
13.1
12.6
13.3
207
93, 687
140
73, 403
53
57, 082
57
47, 085
52
45, 701
107
55, 015
532
85, 119
1,004
119, 273
1,054
149, 175
888
152, 105
739
149, 086
••554
r
134, 786
465
119,910
.423
.406
.365
.356
.343
.315
.263
.245
.275
.291
.312
.407
.342
7,821
.374
8,439
.438
41, 190
.410
22, 271
.368
15, 357
.358
19. 202
.378
20, 215
.368
20, 885
.378
18, 668
.381
12, 593
.358
12, 710
.370
18, 614
p. 382
226, 474 '277,086
378, 003
87, 115 ' 133, 501 216. 271
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
Imports (incl shells)
Price, wholesale. Accra (New York)
l
long tons
dol. per lb_.
6,325
.427
Revised.
* Preliminary.
Beginning January1 1959, quotations are for 100 pounds of flour in bulk2 rather than in sacks as formerly. Januar;•y 1959 prices comparable with earlier
•ices at National Stockyards, 111.; not com(Minneapolis)
and $5.100 for winter (Kansas City).
Beginning January 1959, data reflect prices
data: $5.710 per 100-pound sack for spring wheat' " iur fio
^
9 Cases of 30 dozen.
parable with data through December 1958 (January 1959 price at Chicago, $33.00).
SUBVEY OF CUEEENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-29
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Coffee (green):
Inventories (roasters', importers', dealers'), end of
1,826
quarter
thous. of bagscf
Roastings (green weight), quarterly total
do
4,900
Imports
do
1,478
From Brazil
_
_
do
585
Price, wholesale, Santos, No. 4 (New York)
dol. per l b _ ^
.450
Confectionery, manufacturers' sales
thous. of doL_ 125, 901
2 052
773
1 886
853
2 114
5,570
2 030
877
1 588
514
2 279
959
2 410
5,829
2 252
1,119
1 781
725
1 840
827
2 278
4,987
1 508
614
1, 253
469
2,159
1.275
3, 125
5, 204
3 044
1,615
.441
126, 797
.445
114, 362
.423
102, 278
.415
108, 520
.410
104, 287
.378
96, 185
.378
88, 415
.376
74, 019
.365
72, 139
.378
66, 868
'.365
' 73, 003
.360
130, 725
199, 656
210, 531
217, 556
214, 516
187, 786
153, 778
141, 027
142, 584
161, 252
176, 594
200, 907
230, 052
'1,506
1,257
873
654
667
1,452
2,776
4,106
4,391
4,076
3,350
2,821
2,247
104 377
593, 578
229, 523
647, 374
402, 904
135, 314
825 682 r 588 066
297, 890 !84 445
120, 859 T 68, 761
186 671
593, 251
77, 556
73 925
438 836
141, 154
42 367
596 387
152, 535
45 312
612, 751
171, 633
44 259
637, 787
136, 094
47, 436
736, 911
240, 470
'27,778
714, 619
197, 555
79, 589
618, 316
181, 940
807 704
243 097
876, 505
868 846
7,659
786, 725
778 259
8, 466
624, 045
849, 564
572, 154
565 056
7,098
547, 786
542 834
4,952
717, 767
712 198
5,569
733, 510
723 503
10, 007
975, 454
968, 782
6,672
781, 190
774, 670
6,520
897, 874
886, 772
11,102
919, 941
909, 235
10, 706
691
362
1,040
623
1,695
4 121
1, 873
468
1,916
519
1,912
492
1,828
507
1,755
981
1,463
371
1,469
548
1,282
620
1,078
399
336
349 935
270, 048
53, 200
260 611
191 89Q
59, 025
258 853
194,854
37, 039
291 391
222 777
2, 965
292 962
186 624
54, 467
297 859
169 797
70, 835
387 484
250 080
111,170
383 165
313, 744
69, 399
416, 193 404 287
327, 645 '307,760
96, 525
'88,495
425, 156
309, 828
115, 329
414, 243
278,112
125, 158
440 431
284 275
130, 500
38, 805
29 135
26, 284
18 884
15, 143
3 936
3,047
1 050
31, 364
23 049
45, 686
37 552
50, 361
42 586
55, 477
44 502
61, 197
51, 487
77, 860
68, 113
99, 534
88, 733
23,212
5,099
16, 203
4 839
dol. per Ib
.064
065
.063
065
062
060
.058
.057
.063
.063
.063
' . 063
P 065
dol. per 5 Ib
dol. per Ib
thous. of Ib
552
.086
7,278
553
.086
8,546
552
.086
8, 555
553
.086
11,121
553
.086
8,498
539
.085
8, 635
552
.085
9, 057
.551
.083
10, 949
.549
.083
10, 071
.553
.086
8,983
.554
.086
9,696
.550
.086
8,228
556
P. 086
7 264
Fish:
Stocks, cold storage, end of month _ _ _ thous. of lb_
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, total 9
_ _
do
Hawaii and Puerto Rico
do _
Deliveries, total
do
For domestic consumption
do
For export
-do
Stocks, raw and refined, end of month
thous. of short tons
Exports
short tons
Imports:
Raw sugar total 9
clo
From Cuba
- - do
From Philippine Islands
___do
Refined sugar, total
From Cuba
Prices (New York) :
Raw wholesale
Refined:
Rotail§
Wholesale (excl. excise tax).
Tea, imports
_
do
do
Baking or frying fats (incl. shortening):*
Production
mil. of Ib
Stocks (producers' and warehouse), end of month
mil o f l b
Salad or cooking oils:*
Production
do
Stocks (producers' and warehouse), end of month
mil. oflb
Margarine:
Production
do
Stocks (producers' and warehouse), end of month
mil. o f l b _ _
Price, wholesale (colored; delivered; eastern U.S.)
dol. per Ib
173 1
187 3
198 0
197 0
189 4
185.9
183.5
147.2
186.8
186 9
131 7
113 3
119 3
123 4
136 4
140.7
142.5
116.7
114.6
10(5 1
153 5
140 9
137 7
157 3
158 5
164.3
186.0
155.2
147.6
1°8 8
55.6
60.5
74.0
68.1
66.6
58.5
51.6
48.7
40.3
40 9
130.9
136.6
143.6
129.0
148.3
149.4
149.0
132.1
123.6
115.7
122.7
115.7
118.9
26.8
34.7
32.2
38.4
34.0
38.4
41.5
43.2
36.3
33.5
33.9
34.3
30.2
.265
.262
.262
.262
.262
.262
.250
.250
.243
.250
.253
.253
P. 253
.352
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats:A
Tallow, edible:
25 9
27.0
29.1
25.3
Production (quantities rendered)
mil. of Ib
29.5
25.3
26.2
29.7
27.2
31.7
27.8
30.5
22.6
1
26.8
21.0
25.)
24.2
27 5
25 5
23 1
Consumption (factory)^
do
19 7
23 6
28 9
25 0
30 0
20 8
Stocks (factory and warehouse), end of month
28.2
23.9
do-!33. 1
30.3
31.3
31.1
29.8
29.6
28.5
21.5
Tallow and grease (except wool), inedible:
235.5
240.0
224.1
226.8
Production (quantities rendered)- ___ _ _ __ do _
235.1
236.6
241.1
244.4
240.0
229.6
221.6
236.5
208.7
1
r
145.3
119.1
150.6
143. 1
153.2
Consumption (factory)^
do
137. 7
159.2
148.0
148 3
128.3
148 6
160. 9
148 7
Stocks (factory and warehouse), end of month
1
332.5
322.8
316. 6
297.2
295. 6
294 2
299 4
299. 5
318.8
do
'310.8
Fish and marine mammal oils:
1
6
36.1
34.0
'32.4
27 9
18.5
17.5
Production
do
7.8
13 8
3.1
8 7
.3
6.8
'6.0
6.8
9.6
6.9
6.0
12.2
10.5
5.4
6.2
6.3
12.9
7.0
Consumption (factory) O
do _
Stocks (factory and warehouse) , end of month©
'125.6
129.7
117.2
125.9
110.2
103.4
136.2
mil. of lb_
106.3
99.8
117.6
113.3
120.0
133.7
Vegetable oils and related products:
Vegetable oils (total crude and refined):
234.1
169.0
91.6
109.7
44.2
186.4
164.6
114 6
92 0
177 2
Exports
do
130 4
42 0
71 7
39.1
49.1
47.9
43.6
50.4
44.0
Imports
do
46.7
51.2
39.8
37.0
37.7
50.0
50.7
Coconut oil:
Production:
42.4
34.0
41.4
38.1
30.4
37.4
30.5
28.9
28.9
38.4
36.5
35.1
35.1
Crude
do
34.3
29.1
35.4
36.4
29.2
27 7
26 1
28 3
31 2
30.8
Refined®
do
34 9
40 7
36.0
39.5
53.6
51.5
51.0
40.4
Consumption in end products _ _ _
_
do
42.1
43.2
!39.3
42.8
50.1
Stocks, crude and refined (factory and warehouse),
1
44.6
49.0
39.9
47.2
44.8
43.7
end of month
___mil. oflb
59.1
47.3
47.8
63.5
17.8
14.1
15.1
17.1
15.6
15.5
14.5
8.9
17.4
22.9
21.3
21 5
20 8
Imports
do
Corn oil:*
Production:
24.4
26.7
25.4
26.9
23.4
22.9
21.7
25.5
25.8
22.3
22.8
25.0
Crude
do
25.8
27.1
27.8
20.4
22.2
28.1
21.9
25.1
26.2
28.0
25.3
Refined©
_
_ __ _
do
23.4
21.8
20.0
1
29.4
26.7
29.
8
24.9
17.0
21.9
26.7
Consumption in end products
do
17.8
26.0
28.0
Stocks, crude and refined (factory and warehouse),
26.9
29.6
!30.
6
23.6
29.2
27.9
31.2
30.5
30.8
end of month.
_._
- _
mil. oflb
30.7
r
1
Revised.
» Preliminary.
Beginning December 1958 includes amounts for hydrogenated fats (vegetable and animal) and other fats and oils "in process"; strictly comparable
data for earlier months not available.
d"Bags of 132.276 Ib.
9 Includes data not shown separately.
§Price for New York and northeastern New Jersey.
*New series; comparable data prior to December 1958 not available, except for corn oil which may be obtained from Census reports.
AFor data on lard see p. S-28.
^Consumption data exclude quantities used in refining (except data for inedible tallow prior to October 1958 which include such quantities).
O Consumption figures exclude data for
cod, cod-liver, and other liver oils, and stocks include only the quantities of these oils held by producing firms. ©Production of refined oils covers once-refined oils (alkali refined).
SUEVEY OF CUKEENT BUSINESS
S-30
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 195<)
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED PRODUCTS— Con.
Vegetable oils and related products — Con.
Cottonseed:
Consumption (crushings)
thous. of short tons_.
Stocks (at oil mills), end of month
do.-..
Cottonseed cake and meal:
Production .. .
_ do.
Stocks (at oil mills), end of month
do
Cottonseed oil:
Production:
Crude
__
_ mil. of Ib _ .
Refined cf
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse),
end of month
mil. of Ib
Price wholesale (refined* drums' N Y ) dol per Ib
306. 8
,506. 8
711.2
1,437.5
590. 2
1,951.1
546.9
1, 929. 9
547. 1
1. 507. 4
440. 1
1, 126. 2
432.6
722.8
323. 5
405. 5
179.2
233. 1
i 16. 6
130.0
97.4
100. 3
149. 3
265. 5
501. 1
887. 5
135. 1
71 2
328.6
116." 1
280.4
106.7
260. 3
78.5
252. 3
79.6
201.8
103. 8
195. 2
139.8
151. 5
166.4
85.9
1 70. 5
55. 1
153 7
45.5
116.3
70.1
87.8
226.9
97.0
96.3
70.4
238.7
144.0
202.4
142.4
184. 6
150. 1
102 9
188. 1
143. 1
95 7
152.6
113.9
96 7
148.9
116.8
97 5
116.5
106.3
98 2
65. 4
69.9
93 7
41.5
60.8
90 2
35.0
40 6
73 6
50.3
51 2
75 7
163. 4
103.7
87 8
180
. 173
385. 6
. 174
422.2
. 160
433. 3
. 160
477.2
. 160
410.0
. 160
344. 3
. 179
273. 5
. 179
214.2
p 179
166.1
203. 4
1
1
1
Flaxseed:
71.7
Consumption (crushings)
thous. of short tons__
164.3
Stocks (at oil mils) , end of month
do
3.00
Price, wholesale (No. 1; Minneapolis)- dol. per b u _ _
Linseed oil:
Production, crude (raw)
mil. of Ib
51.5
Consumption in end products
_ _ do
Stocks, crude and refined (factory and warehouse),
end of month
mil. of Ib .131
Price,, wholesale (Minneapolis)
dol. per lb-_
Soybeans:
752. 0
Consumption (crushings)
thous. of short tons 416. 1
Stocks (at oil mills), end of month
do
Soybean cake and meal:*
1,182.6
Production
mil. of Ib
96. 1
Stocks (at oil mills), end of month
- _ d o _..Soybean oil:
Production:
269.8
Crude
~- - -..do-281.4
Refined d1
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse),
end of month
mil of Ib
155
Price wholesale (refined* N Y )
dol per Ib
TOBACCO
Leaf:
Production (crop estimate)
mil. of Ib
Stocks, dealers' and manufacturers', end of quarter,
4 708
total
mil of Ib
Exports, including scrap and stems
thous. of lb__ 58, 767
12, 326
Imports, including scrap and stems
do
Manufactured products:
16, 111
Production manufactured tobacco total
do
6, 095
Chewing plug and twist
do
6,894
Smoking
do
3,122
Snuff
do Consumption (withdrawals):
Cigarettes (small):
2, 995
Tax-free
millions
38, 076
Tax-paid
do
Cigars (large), tax-paid
thousands- _ 546, 698
Manufactured tobacco and snuff, tax-paid
15, 670
thous of Ib
1,532
Exports cigarettes
millions _
. 174
72.0
158. 1
2.99
62.9
147. 5
2.97
60.6
108.6
3.00
63. 8
79.3
2.99
46. 6
60.6
2. 97
52.8
28. 1
2.99
31.6
13.7
3. 01
46.8
58.6
3.03
37.9
48. 7
3.01
54.8
70.0
2.97
81.7
67.7
3.28
33.0
93.4
3.42
52.3
45.5
43.7
1
24.7
45. 5
26.9
33.4
29.9
37.3
32.6
22. 4
37 8
33. 5
40.8
26.8
39. 0
39.3
36.1
58.9
38.8
59.0
33. 0
.132
.130
131.4
.129
150. 4
.126
141.3
.128
152.6
.128
132.7
.126
121. 9
. 125
97.4
.125
92.9
.125
105. 0
.127
121.6
P. 133
1,004.1
2, 943. 4
1,005.9
3,231. 1
1,033.3
2, 958. 3
1, 100. 6 1,019.0 1, 080. 3
2, 829. 3 2, 593. 5 2, 219. 8
1, 037. 5
1, 846. 3
1,091.6
1,520.2
994.7
1.346. 5
957 4
1, 090. 8
888.8
501. 9
823.8
750. 5
1,570. 1
130. 1
1, 577. 9
162.6
1, 636. 4 1,745.2
110.6
136.4
1,596.2
200.4
1,685.0
299.2
1,540.4
306. 4
1,491.4
232.8
352. 6
274.8
351. 2
294.0
1
155
1, 575. 4 1,677.4
169. 4
186.6
385. 5
308.8
275. 9
355. 3
301.9
276.8
380.8
303. 8
286.0
365. 6
321.7
282.9
385. 5
272.9
278. 7
355 2
307.9
308.9
344.1
257. 7
255.1
318.6
283.1
268 5
296. 9
236. 8
258. 9
1
324. 0
157
380.4
. 150
455.2
145
476.0
145
512.6
. 145
512. 6
145
472.9
145
464.4
p 145
386 6
298.3
2
1,736
24, 180
11,429
24, 951
13, 306
4,449
25, 777
12, 671
23, 562
13, 481
38, 865
13, 324
4 583
93, 654
11, 698
. 157
---_-
1. 395. 4 1 270.6
193. 0
108.2
359. 9
312.9
278. 7
1
3~ 68
3
83, 620
14, 133
54, 713
11, 609
4 977
48, 889
10, 659
17, 724
6,495
7,748
3,481
13, 455
5,394
5,481
2,580
13, 465
5, 255
5,274
2,936
14, 951
5,919
6,083
2,949
13, 855
5, 433
5, 647
2,775
14, 542
5,404
6,143
2,995
15, 381
5.712
6, 758
2,912
14, 180
5, 487
6,003
2,689
15, 368
6,041
6,442
2,885
14, 094
6.065
5,896
2,133
14. 702
5, 484
6, 255
2, 963
3,291
40, 895
591,711
2, 657
34, 820
618, 107
2,711
33, 953
402, 108
2,636
36, 242
441, 969
2,674
34. 614
453, 367
2,783
35. 493
511, 721
3,216
38, 097
525, 850
2, 974
37, 252
618, 105
3,240
38, 413
650, 072
3,514
-•39,908
514, 704
3,003
40, 926
529, 145
17, 240
1,813
13, 207
1,525
13, 472
1,297
14, 526
1,350
13, 518
1,428
14, 325
1,478
15, 044
1,600
14, 080
1,621
15. 227
1,598
13, 148
1,938
14, 503
2,042
27, 470
13, 624
17,019
11,804
4 841
33, 219
12, 883
1. 800
2.253
1
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9
thous. of dol- .
Calf and kip skins
thous. of skins, _
Cattle hides
thous. of hides
Imports:
Value, total 9
_
thous. of dol
Sheep and lamb skins
thous. of pieces- _
Goat and kid skins
do
Prices, wholesale. (Chicago):
Calfskins, packer, heavy, 9^/1 5 Ib
dol. perlb__
Hides, steer, heavy, native, over 53 Ib
do - LEATHER
Production:
Calf and whole kip
thous of skins
Cattle hide and side kip thous of hides and kips
Goat and kid
thous of skins
Sheep and lamb
do
Exports:
Glove and garment leather
thous. of sq. f t _ .
Upper and lining leather
do
Prices, wholesale:
Sole, bends, light, f.o.b. tannery
dol. per lb_Upper, chrome calf, B and C grades, f.o.b. tannery
dol. per sq. f t _ _
r
1
3,649
201
351
5,231
241
514
5, 080
224
451
3,997
146
389
3, 882
165
341
4,142
119
380
5, 019
177
390
3,946
150
323
7, 229
225
459
5, 427
174
285
5,608
137
326
5,253
141
282
4, 834 .....
126
267
3,486
1,749
1,318
4,470
2, 371
1,580
4,036
1,442
1,474
5,186
1,433
2, 150
6,381
1,905
2,576
5, 468
2,332
1,958
9,690
6,364
2.243
8,872
4,364
2,217
7,916
3,325
2, 338
9, 034
3, 943
2,027
7,352
2,397
2,295
5,604
1,336
1,938
9. 235
4, 591
2.017
.500
.118
.525
.128
.550
.133
.650
. 118
. 650
.123
.675
.133
.675
.183
.750
.253
.875
.203
.700
.243
.725
.243
.725
.238
P 6.50
P. 228
644
727
689
626
597
2 025
1 507
2,353
2 331
1 829
2, 581
2 044
1,525
2,419
2 162
1, 768
2,379
2 153
1,973
2,400
2 046
1,747
2, 396
2 095
1,894
2,396
665
2,088
1,973
2,524
561
2,034
2, 032
2, 865
1,921
2,139
2,601
1, 335
3, 569
1,823
3 952
1,532
3,982
1,126
2,767
1,342
2,988
1, 234
2, 633
1,629
2,339
2,097
2,849
2,470
3, 793
2, 124
2. 826
600
699
532
r
416
515
1,598
1,877
2, 262
1,877
1.739
3, 123
1. 250
2,387
1,758
2,377
1,713
2, 566
.635
.635
.640
.657
.657
.697
.710
1.010
.945
.947
.953
.943
p. 943
1. 192
1. 198
1.218
1.308
1.308
1 . 308
1.345
1.403
1.478
1. 425
1.385
1.385
p 1. 368
Revised.
p Preliminary.
Beginning
December 1958 includes amounts
for hydrogenated fats (vegetable and animal) and other fats and oils "in process." Strictly comparable data for earlier months arc not avail2
3
able.
December 1 estimate of 1958 crop.
November 1 estimate of 1959 crop.
cTProduction of refined oils covers only once-refined (alkali refined).
*New series; data prior to August 1958 are available from reports of the compiling agency (Bureau of the Census).
9 Includes data for items not shown separately.
SUEVEY OF CURRENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemOctober |Nobveerm- DecemBUSINESS STATISTICS
ber
ber
i
S-31
1959
January
February
March
April
May
June
July
51,354
August Septem- October
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
Production, total
thous. of pairs..
Shoes, sandals, and play shoes, except athletic,
total
thous. of pairs..
By kinds:
Men's
do
Youths' and boys'
do
Women's
do
Misses' and children's
do
Infants' and babies'
do
Slippers for housewear
do_.
Athletic
do.
Other footwear
_do.
Exports
do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, cattle hide upper,
Goodyear welt
1947-49=100..
Women's oxfords, elk side upper, Goodyear welt
1947-49=100..
Women's pumps, low-medium quality
do
50,131
53, 270
45, 015
48, 216
53,333
54, 258
57, 547
56,048
51,444
53, 428
41, 594
43, 615
37,153
43, 272
49, 472
48, 948
51, 476
49, 044
44, 737
46, 375
8,733
2,198
22, 012
5,835
2,816
9,157
2,023
22, 759
6,484
3,192
8,220
1,703
18, 846
5,500
2,884
9,150
1,990
22,269
6,420
3,443
9,675
2,187
26,229
7,670
3,711
9,580
2,233
26, 269
7,321
3,545
10, 425
2,318
27, 797
7,398
3,538
10, 523
2,195
26, 875
6,239
3,212
2,110
24,161
5,902
3,066
9,305
2,158
25, 535
6,395
2,982
7,619
462
456
319
8,593
571
491
436
443
521
244
3,957
482
505
162
3,073
475
313
186
4,397
534
379
256
4,925
631
515
292
5,786
635
583
285
5, 519
665
523
255
124.4
124.4
124.4
124.4
124.4
124.4
124.6
128.7
133.9
118.7
135.1
119.5
134.8
119.5
134.8
120.2
134.8
120.2
134.8
120.2
134.8
120.2
138.8
130.4
54. 672
53,437
46,059
43,947
8,325
2,451
24, 655
6,367
2,546
9,142
2,284
25,264
6,370
2,999
9,235
2,213
23,394
6,092
3,013
5,796
698
559
215
592
529
214
7,341
653
619
233
8,278
669
543
248
128.7
128.7
129.5
' 134. 4
134. 4
142.7
132.0
142.7
132.0
142.7
132.0
150.6
132.0
146. 7
132. 0
LUMBER AND MANUFACTURES
LUMBER— ALL TYPES
National Lumber Manufacturers Association:
Production total
mil bd ft
Hardwoods
do
Softwoods
__do
Shipments total
do
Hardwoods
do
Softwoods
do
3 143
619
2,524
3,195
574
2,621
3 272
593
2,679
3,266
599
2,667
2,731
599
2,132
2,660
611
2,049
2,716
528
2,188
2,668
526
2,142
2,650
546
2,104
2,662
546
2,116
2,642
554
2,088
2,682
585
2,097
2,964
597
2,367
3,111
591
2,520
3,121
603
2,518
3,271
599
2,672
3 163
639
2,524
3,221
593
2,628
3 216
599
2,617
3,217
558
2,659
3 136
623
2,513
3,146
538
2,608
3,171
643
2,528
3,137
607
2,530
3 324
635
2,690
3,119
566
2,553
9,018
3,547
5,471
9,025
3,541
5,484
9,096
3,529
5,567
9,144
3,531
5,613
9,132
3,531
5,601
9,091
3,500
5,591
8,945
3,506
5,439
8,846
3,510
5,336
8,779
3,555
5,223
8,778
3.597
5,181
8,782
3,682
5,100
8,816
3,717
5,099
9,022
3,787
5,235
M bd ft
do
67, 480
390, 936
62 292
339, 377
56, 648
312, 828
56, 670
309, 872
48, 454
257, 384
45, 213
258, 844
86, 748
333, 370
52, 812
337, 937
59, 320
357, 910
65, 969
490, 723
66, 833
447, 255
70, 181
373, 098
76, 067
315, 658
mil. bd. ft
do
do
do
do
693
643
727
777
839
636
519
778
760
858
570
512
619
577
900
742
600
631
654
877
696
660
641
636
882
603
681
588
582
887
709
662
706
729
865
779
678
729
763
882
791
735
717
734
857
636
579
760
792
826
775
658
671
695
812
671
633
667
696
786
654
587
739
699
826
21,260
Exports, total sawmill products
__ _ M bd. ft
10, 124
Sawed timber
do
11, 136
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
dol. per M bd. ft__ 83. 202
Flooring, C and better, F. G., I" x 4", R. L.
dol. per M bd. f t _ _ 120. 750
Southern pine:
655
Orders, new
mil. bd. ft
245
Orders, unfilled, end of month
do
596
Production
. ___do
662
Shipments
do
Stocks (gross), mill and concentration yards, end of
1,788
month
mil. bd. ft
7,254
Exports total sawmill products
M bd. ft
1,654
Sawed timber
_
do
5,600
Boards planks scantlings, etc
do
Prices, wholesale, composite:
Boards, No. 2 and better, 1" x 6", R. L.
dol. per M bd. ft.. 76. 726
Flooring, B and better, F. G., 1" x 4", S. L.
136 782
dol per "M. bd ft
Western pine:
772
Orders, new
_ mil. bd. ft
483
Orders unfilled, end of month
do
836
Production
do
801
Shipments
do
1,953
Stocks (gross) mill end of month
do
Price, wholesale, Ponderosa, boards, No. 3 common,
69. 260
1" x 8"
dol. per M bd. ft
16, 152
8,342
7,810
17, 152
7,430
9,722
21, 673
9,254
12, 419
20, 731
10, 197
10, 534
16, 574
7,437
9,137
23, 724
14, 191
9,533
21, 723
9,561
12, 162
20, 377
12,007
8,370
28, 196
17, 510
10, 686
20, 361
11, 164
9,197
24, 146
13, 190
10, 956
30, 415
17, 965
12, 450
81. 543
79. 072
78. 659
i 79. 907
82. 279
84. 668
86. 032
87. 698
89. 825
89. 576 ' 1 89.501 » 88. 651
120. 582
121. 002
121. 002 1121. 072
123. 808
127. 212
127. 720
127. 988
129. 959
130. 103
••1131.112
"131. 872
660
207
675
698
570
194
587
583
506
173
582
527
566
188
584
551
577
219
554
546
702
248
636
673
715
255
661
708
702
281
646
676
680
278
642
683
695
261
675
712
669
277
614
653
655
267
667
665
1,765
7,143
1,605
5,538
1,769
5,676
1,211
4,465
1,824
6,845
974
5,871
1,857
5,103
1,129
3,974
1,865
4,855
1,002
3,853
1,828
5,950
1,241
4,709
1,781
5,917
1,033
4,884
1,751
7,500
1,932
5,568
1,710
5,756
739
5,017
1,675
8,457
1,639
6,818
1,634
6,520
1,074
5,446
1,636
7,721
1,301
6,420
78.688
i 79. 806
Stocks (gross), mill, end of month, total
Hardwoods
Softwoods
_
Exports total sawmill products
Imports total sawmill products
SOFTWOODS
Douglas fir:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks (gross) , mill, end of month
_
do
do
do
77. 482
i 78. 574
78. 181
78. 239
78. 184
137 656
137. 656
136. 752
137. 128
136. 902
716
378
844
821
1,976
546
346
612
578
2,010
747
439
653
654
2,009
657
483
555
613
1,951
651
488
617
645
1,923
775
527
658
736
1,845
70. 770
71. 070
70. 790
2 74. 940
73. 470
3,250
11, 025
3,600
3, 200
9 750
3,725
11, 675
3,250
3,175
9 900
3,400
13, 100
3,400
2,500
10, 850
3,600
12, 725
3,150
2,750
11, 225
70, 840
41, 084
89,426
86, 594
76, 877
59, 230
35, 596
71, 184
66, 745
79, 370
56, 877
33, 271
70,641
61, 194
88, 261
97, 920
54, 134
75, 119
74, 853
84, 693
2
80. 768
81. 074 '181.626 v 82. 312
137. 928
138. 009
138. 254 '•1139.512 J>140. 098
776
490
752
814
1,783
805
468
787
827
1,743
748
426
825
790
1,778
2 75. 970
2 80. 290
2 82. 460
2 83. 540
3,050
12, 800
3,150
3,000
11, 400
3,500
13, 325
3,500
3,175
11, 675
4,125
13, 150
3,650
3,950
11, 600
3,850
13, 275
3,500
3,425
11, 580
4,200
12, 900
3,050
4,300
10, 225
3,800
12, 950
3,050
3,750
9,625
3,800
12, 350
3,250
3,850
8,950
2,750
11, 700
3,675
3,350
9,500
95, 050
72, 518
70, 769
76, 666
77, 062
92, 261
77, 913
77, 302
82, 964
70, 029
91, 028
80, 928
85, 913
89, 343
64, 889
79, 421
74, 152
84, 994
86, 197
63, 686
76, 281
62, 506
89, 322
89, 274
63, 734
76, 880
55, 819
90, 003
85, 582
65, 454
79, 379
51,417
86, 499
85, 596
66, 357
76, 276
45, 977
88, 671
87, 220
67, 048
137. 279 il 38. 486
i 80. 296
1
817
414
825
829
1,774
762
357
886
818
1,842
812
343
907
826
1,923
282.310 ' 2 81, 030* 2 79.142
HARDWOOD FLOORING AND PLYWOOD
Flooring:
Maple, beech, and birch:
Orders new
Orders unfilled end of month
Production
Shipments
M! bd ft
do
do
do _
3,275
11, 125
3,750
3,375
9 200
Oak:
76, 725
Orders, new
do
53, 875
Orders unfilled end of month
do
82, 603
Production
_do
82, 947
Shipments
do
74, 097
Stocks (gross), mill, end of month
_ _ do
Plywood (except container and packaging), qtrly. total:!
215 615
Shioments (market)
M! so ft surface measure
235 882
228 249
2
229, 196
* Revised
* Preliminary
i Not entirely comparable with data prior to month noted.
Not comparable with data through 1958; price is for boards, No. 3,1" x 12", R. L. ( 3' and over).
% Revisions for 1st qtr. 1957-2d qtr. 1958, respectively (units as above): 205,637; 195,812; 198,706; 191,276; 178,241; 181,467.
SURVEY OF CURRENT BUSINESS
S-32
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
November 1959
1959
January
February
March
April
May
June
August SeptemOctober
ber
July
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excluding advanced manufactures and ferroalloys) :
Exports, total
thous. of short tons
Steel mill products*
do
Scrap
do
Imports, total J
__ __
-do _
Steel mill products*
do
Scrap
do
386
181
182
229
180
31
547
251
254
297
201
47
485
239
224
248
175
39
334
170
140
296
230
21
403
161
219
254
229
14
457
168
266
268
241
18
489
178
286
320
287
20
504
178
300
423
360
19
609
166
419
506
385
31
5,113
2,945
2,168
5,009
9,014
5,700
3,313
2,388
5,702
9,008
5,669
3,151
2,518
5,380
9,300
5,867
3,382
2,485
5,571
9,594
5,752
3,517
2,236
6,020
9,331
6,176
3,640
2,536
6,337
9,181
7,539
4,334
3,205
7,479
9,232
7,476
4,390
3,087
7,442
9,269
7,349
4,393
2, 957
7,440
9,183
9,026
9,944
2,863
8,576
10, 108
3,281
3,978
5,550
2,138
3,042
1,474
1,882
3,337
1,552
1,970
3,665
1,493
1,482
3,868
1,690
1,874
6,166
4,687
1,941
12, 170
13, 743
3,302
12, 371
14, 301
4,124
12, 150
7,900
505
76, 962
8,950
62, 325
5,687
12, 645
9,128
420
79, 217
7,518
65, 843
5,856
9,324
9,262
157
77, 151
5,935
65, 904
5,312
3,948
9,588
35
73, 347
7,505
60, 265
5,577
3,164
9,828
47
68, 134
9,063
53, 601
5,470
3,046
9,699
43
63, 621
11,448
46, 944
5,229
3,543
11,512
54
56, 800
13, 629
38, 602
4,569
5,852
11, 540
24
51, 580
15, 117
32, 914
3,549
16, 049
11, 848
436
54, 685
13, 565
37, 115
4,005
17, 763
11, 131
456
59, 535
11, 646
43, 746
4,143
97
65
90
72
107
73
80
129
94
5,041
5,068
5,836
5,868
5,907
5,813
6,025
5,958
6,212
6,283
6,147
6,303
7,462
7,614
7,338
7,451
3,740
3,784
3,882
3,964
3,895
3,692
3,553
65.95
66.00
66.50
65.95
66.00
66.50
65.95
66.00
66.50
65.95
66.00
66.50
65.95
66.00
66.50
65.95
66.00
66.50
65.95
66.00
66.50
645
917
538
620
993
587
602
958
505
608
998
509
687
1,002
517
767
1,037
539
58
57
32
63
61
40
67
63
35
66
68
40
77
73
44
7,632
66
110.9
8,840
74
124.3
8,569
74
124.5
8,711
73
122.4
85
65
95
73
85
66
287.9
89.4
70.0
302.9
99.7
77.1
306.5
89.0
70.0
631
191
408
519
411
31
683
157
497
570
430
24
621
51
552
449
323
31
488
47
427
449
366
12
645
762
3,182
3,802
39
Iron and Steel Scrap
Production and receipts, total
thous. of short tons..
Home scrap produced
do
Purchased scrap received (net)
do
Consumption, total
do
Stocks consumers', end of month
do
7,053 P i 1, 144
P I 517
4,330
2,724
p i 626
7,081 P i 1, 127
9,200 p i 1,318
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous of long tons
Shipments from mines
do
Imports^
- - do
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants
Consumption at iron and steel plants
Exports, incl. reexports
Stocks total end of month
At mines
At furnace yards
At U S docks
do
do
do
do
do
do
do
Manganese (manganese content), general imports J
thous. of long tons__
5,723
7,118
3,188
1,020
260
10, 147
10, 362
100
82
37
7,684
7,692
7,232
7,376
3,550
p i 390
<948
3,467
3,492
3,432
p i 865
65.95
66.00
66.50
65.95
66.00
66.50
65.95
66.00
66.50
65.95
66.00
66.50
65.95
66.00
66.50
847
1,206
666
892
1,246
689
885
1,236
685
837
1,252
717
898
943
533
873
744
507
90
75
42
96
84
50
103
91
54
100
83
50
95
85
51
75
69
43
86
65
40
9,317
74
131.0
9,603
85
149.5
11, 568
92
162.6
11, 282
93
163.9
11,601
93
163.1
10, 908
90
158.4
5,227
42
73.5
1,439
12
20.2
104
81
105
83
110
86
131
104
134
105
135
106
144
112
107
84
98
79
313. 1
112.5
91.6
353.3
112.9
90.7
392.0
112.7
91.5
396.1
128.8
104.1
397.7
135.7
105.7
393.5
141.8
104.6
374.6
140.0
108.1
87
Pig Iron and Iron Manufactures
Pig iron:
Production (excl. blast furnace prod, of ferroalloys)
thous. of short tons..
Oonsumption
do
Stocks (consumers' and suppliers'), end of month
thous. of short tons..
Prices:
Composite
dol. per long ton
Basic (furnace)
do
Foundry, No. 2, Northern
do
Castings, gray iron:
Orders, unfilled, for sale, end of month
thous. of short tons..
Shipments total
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of month
thous. of short tons..
Shipments total
do
For sale
do
65.95
P 66. 00
P 66. 50
65.95
Steel, Crude and Semimanufactures
Steel ingots and steel for castings:
Production
thous. of short tons
Percent of capacity cf
Index
1947-49=100Steel castings:
Shipments total
thous of short tons
For sale total
do
Steel forgings (for sale) :
Orders, unfilled, end of month
do
Shipments total
do
Drop and upset
do
Prices:
Composite, finished steel (carbon)
__dol. per lb__
Steel billets, rerolling, carbon, f.o.b. mill
dol. per short ton__
Structural shapes (carbon), f.o.b. mill
dol. per lb__
Steel scrap, No. 1 heavy melting:
Composite (5 markets) §_
dol. per long ton__
Pittsburgh district
do
' 376. 5
102.9
'80.6
1, 535
13
22.3
P 1,685
13
23.7
.0698
376.2
95.7
75.3
.0697
.0697
.0698
.0698
.0698
.0698
.0698
.0698
.0698
.0698
.0698
.0698
.0698
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
95.00
.0617
P 95. 00
P. 0617
41.77
42.50
41.48
3 43. 00
41.67
3 43. 00
39.81
42.00
2 40. 31 ' 2 41. 86 2 41. 33
43.00
44.00
43.00
2 35. 16
37.00
2 33. 41
35.00
2 35. 67
36.00
1,707
2,134
1,613
1,905
1,502
1,658
1,491
1,882
1,629
1,803
1,648
1,809
2,068
2,017
2,546
2,157
2,575
2,523
1,983
2,848
1,974
2,026
1,934
1,684
556
392
481
1,558
23, 298
449
288
391
1,653
24, 142
316
184
273
1,322
22, 354
289
153
244
1,279
18, 294
314
180
263
1,426
24, 026
304
174
256
1,437
24, 633
341
185
287
1,576
26, 612
389
219
330
1,691
28, 987
400
219
346
1,606
30, 369
445
251
385
1,787
34, 263
502
302
451
1,621
31,160
615
423
546
1,444
29, 899
2 38. 48 ' 2 37. 63p 2 39. 15
38.00 P38.00
40.00
Steel, Manufactured Products
Barrels and drums, steel, heavy types (for sale) :
Orders unfilled end of month
thousands
Shipments
do
Cans, metal, shipments (in terms of steel consumed),
Food
do
Shipments for sale
do
Closures (for glass containers), production
millions. _
Crowns production
thousand gross
Steel products, net shipments:
Total (all grades)
Semifinished products
642
412
577
1,524
29, 088
4,131
9,700
8,754
6,524
8,118
8,603
5,512
6,186
5,187
5,386
6,225
132
386
357
344
346
270
248
248
246
246
220
277
657
593
554
568
410
360
387
352
352
399
418
788
701
694
558
651
509
452
500
461
394
Plates
do
75
192
192
123
160
56
167
69
58
54
68
Rails and accessories
do
3
' Revised.
p Preliminary.
* Independent iron and steel foundries only.
2 Not entirely comparable with composite through 1958; see note marked " §".
Nominal.
* Including blast furnace production of ferroalloys.
*New series (from Bureau of the Census); data for January-July 1958 are shown in October 1959 SURVEY (bottom p. S-32).
^Scattered revisions for January 1957-July 1958 are available upon request.
cf For 1959, percent of capacity is calculated on annual capacity as of January 1,1959, of 147,633,670 tons of steel; for 1958, as of January 1,1958 (140,742,570 tons).
§ Represents the weighted average of consumers'buying prices (including brokerage), delivered, at following markets: Pittsburgh district, Chicago, Philadelphia, Birmingham, Los
Angeles (through 1958 only), San Francisco (beginning 1959).
thous of short tons
do
November 1959
SURVEY OF CURRENT BUSINESS
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemOptnhpr Novem- DecemBUSINESS STATISTICS
ber
October
ber
ber
S-33
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Steel products, net shipments— Continued
Bars and tool steel, total
thous of short tons
606
821
1,282
1,337
1,518
810
839
888
1,211
887
938
368
Bars: Hot rolled (incl. light shapes)
do
518
594
579
890
969
559
623
845
656
825
Reinforcing
do
142
184
152
143
134
254
256
346
193
141
217
Cold finished ___
_
__ do
102
88
172
94
102
110
181
123
159
191
133
Pipe and tubing
do
554
1,141
561
533
527
1,113
1,261
625
679
706
930
Wire and wire products _ __
do
263
283
251
237
268
192
429
362
403
491
279
Tin mill products
do
314
200
821
917
157
498
830
633
714
818
526
Sheets and strip (incl. electrical), total
_ do
2,102
2,338
2,317
2,506
2,648
1,563
3,174
3,215
3,590
2,714
3,185
Sheets: Hot rolled
do
459
653
694
617
687
731
956
947
1,154
784
928
Cold rolled
do
1,074
1,132
718
1,253
1,339
1,524
1,496
965
1,330
1,607
1,557
Fabricated structural steel:
Orders, new (net)
_ -thous. of short tons
256
259
243
197
236
259
242
284
197
295
294
291
255
Shipments
do
314
267
239
294
307
271
224
291
183
220
216
260
365
Backlog, end of month
do
1,809
1,913
1,839
1,794
1,922
1,768
1,871
2,047
1,679
1,772
1,864
1,873
1,717
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary, domestic. thous. of short tons-152.3
139.8
141.0
155.2
168.2
125.9
142.1
157.2
163.9
156.7
167.3
179.2
172.8
Estimated recovery from scrap© __
__do __
31.0
34.6
26.7
33.1
26.3
32.5
30.0
34.4
29.1
31.3
32.0
Imports (general):
Metal and alloys, crude
do
46.4
22.1
18.8
25.3
14.0
22.8
14.8
12.7
30.8
30.5
14.2
9.7
31.6
Plates, sheets, etc
_ __
_
do
2.4
2.9
3.5
4.2
2.9
4.3
4.5
3.5
3.7
3.6
4.4
5.0
4.6
Stocks, primary (at reduction plants), end of month
109.1
thous. of short tons
124.3
124.2
138.5
146.1
175.1
112.7
80.4
159.2
131.5
88.6
183.8
94.0
Price, primary ingot, 99.5%+
dol. per lb_
.2680
.2680
.2680
.2680
.2680
.2680
.2680
'. 2680
.2680
.2680
.2680
.2680
.2680
Aluminum shipments:
Mill products and pig and ingot (net)
mil. of lb__
333.0
452.1
347.7
302.5
374.7
359.8
423.2
523.1 r 509. 4
329.8
331.6
385.9
'314.2
Mill products, total
do
235.4
231.2
216.3
254.3
320.8
341.4
262.7
236.3
294.9
271.6
231.8
' 373. 1 '247. 5
Plate and sheet
do
130.4
119.3
114.5
121.7
156.4
170.2
130.7
122.7
195.4
182.6
122.7
150.8
120.5
Castings!
do
55.8
59.5
52.8
55.7
68.3
168.9
56.9
73.0
66.5
68.4
73.4
55.8
Copper:
Production:
Mine, recoverable copper
thous. of short tons..
82.1
94.4
95.3
101.4
91.1
97.1
98.2
100.7
94.2
25.9
87.9
87.4
'54.4
Refinery, primary
do
138.6
126.8
130.2
124.6
28.1
114.7
121.1
128.0
128.7
120.6
131.8
125.7
From domestic ores
do
88.6
99.6
108.3
98.9
12.9
82.6
102.0
102.9
101.4
101.4
95.7
94.2
From foreign ores
do
27.2
30.2
32.1
25.8
15.2
32.5
26.0
27.3
30.4
27.3
24.9
31.5
Secondary, recovered as refined
do
16.1
19.1
20.3
26.2
22.6
17.1
21.3
21.7
16.0
21.0
19.9
22.7
Imports (general):
Refined, unrefined, scrap©
do__ _
28.2
40.8
34.3
47.8
35.8
43.9
44.8
37.2
31.5
76.7
60.3
31.3
38.4
Refined,
_
do
5.2
2.9
4.5
5.0
40.3
2.9
10.7
11.1
3.8
11.8
19.3
3.5
12.9
Exports:
Refined, scrap, brass and bronze ingots
do
49.6
24.2
19.2
36.6
47.3
52.3
27.9
25.0
13.7
23.0
16.0
11.7
18.8
Refined
do
43.1
45.6
22.2
32.2
44.5
11.4
20.6
15.3
19.4
12.6
9.0
20.8
16.6
Consumption, refined (by mills, etc.)
do
139.9
127.0
147.2
137.1
122.0
126.1
115.0
146.8
126.1
138.8
P88.5 * 118. 7 » 130. 3
Stocks, refined, end of month, total
do
169.2
187.8
207.2
189.1
181.8
181.8
268.7
181.4
181.7 ' 230. 2 * 192. 1 v 150. 1
183.5
Fabricators'
_
do
120.2
101.0
118.2
126.7
125.3
110.9
126.7
123.2
139.7 * 178. 3 * 158. 9 » 129. 0
124.6
Price, bars, electrolytic (N.Y.)
dol. perlb..
.2858
.2867
.2864
.3130
.2608
.2731
.3116
.3102
.2962
.3008
.3103
.3110
.2989
Copper-base mill and foundry products, shipments
(quarterly) :
Brass mill products
_
mil. oflb
533
*>546
419
578
575
Copper wire mill products©
do
398
P381
359
405
412
Brass and bronze foundry products
_ do
225
"230
190
262
240
Lead:
Production:
23.4
21.2
Mine, recoverable lead
__thous. of short tons
21.4
20.1
21.2
22.7
21.4
20.3
19.6
21.4
21.0
19.5
'21.6
Secondary, estimated recoverable©
do
30.2
32.3
33.8
31.7
31.3
33.3
29.4
30.5
28.7
30.5
31.8
31.0
33.6
Imports (general), ore©, metal
__ _ .do ..
34.7
38.4
33.1
34.8
40.7
53.8
36.7
51.1
35.3
54.9
24.3
25.1
Consumption, total
_
do
84.6
88.4
91.3
96.2
84.4
95.8
90.2
92.6
84.2
89.6
85.1
90.0
Stocks, end of month:
Producers', ore, base bullion, and in process©
(ABMS)
thous of short tons
101.6
104.8
97.8
88.2
89.9
107.8
93.5
94.0
89.6
103.6
100.0
96.9
83.9
Refiners' (primary), refined and antimonial©
178.6
208.2
197.0
thous. of short tons
197.7
170.9
170.0
168.7
214.3
209.8
132.6
142.0
128.2
124.0
118.3
116.0
118.1
132.5
153.9
106.7
117.5
114.6
154.9
123.4
Consumers' c?
do
156.0
46.4
49.2
34.8
37.1
Scrap (lead-base, purchased), all consumers. .do
54.7
41.8
37.0
45.5
37.4
31.7
40.3
46.1
Price, pig, desilverized (N.Y.)
dol. perlb..
.1267
.1119
.1264
.1300
.1300
.1190
.1087
.1200
.1141
.1300
.1156
.1229
.1200
Tin:
Imports (for consumption) :
3,416
74
94
18
37
2,454
Ore©J
long tons
54
3,783
0
115
48
61
4,214
2,989
4,984
Bars, pigs, etc
_
do
4,232
3,001
4,227
2,547
3,845
3,876
4,374
4,662
3,655
2,399
Estimated recovery from scrap, total©
do
1,950
2,150
2,010
1,800
1,850
1,745
1,980
1,710
2,025
1,880
1,955
As metal. _ ... _
_do
260
255
265
330
275
315
300
340
250
255
235
Consumption, pig, total
_____
do
6,860
7,755
6,135
5,600
7,455
7,935
6,380
6,940
5,630
6,785
7,510
4,760
Primary
do
4,490
3,210
4,880
4,995
4,710
3,650
4,115
4,995
4,350
4,245
2,185
4,700
54
112
110
31
155
129
Exports, incl. reexports (metal)...
do
205
30
148
69
103
106
153
Stocks, pig (industrial), end of month
_ do
20, 690 20, 560 20, 065 21, 444 21, 160 22, 425 21, 755 21, 700 20, 950 22, 645 22, 995 22, 675
1. 0243
Price, pig, Straits (N.Y.), prompt
dol. perlb..
.9897
.9935
1. 0304
1.0415
.9401
.9647
.9896
1. 0231
1. 0233
1. 0250
1. 0271
1.0303
Zinc:
Mine production, recoverable zinc
35.4
28.9
thous. of short tons..
35.8
37.7
35.9
31.4
32.7
33.3
37.7
30.7
'30.6
35.7
36.4
Imports (general):
Ores and concentrates©
_do
47.4
32.4
50.2
49.0
41.9
45.8
31.2
24.0
33.0
48.1
51.2
34.6
36.9
13.3
Metal (slab, blocks)
do
17.2
12.8
18.7
15.0
17.1
9.1
17.7
20.9
18.3
6.5
6.8
16.0
Consumption (recoverable zinc content) :
8.8
8.2
8.4
Ores£}
do
8.0
8.2
8.8
9.0
7.9
8.0
7.4
8.7
8.3
22.1
19.4
Scrap, all types
_ __ do
17.4
18.4
20.4
17.9
22.0
15.3
17.6
16.8
22.8
21.5
Slab zinc:
Production (primary smelter), from domestic and
foreign ores
thous. of short tons
71.3
70.5
59.0
61.0
71.0
71.9
68.5
65.9
65.9
74.8
61.1
71.1
Secondary (redistilled) production, total __ do
4.1
4.4
4.6
5.6
5.4
4.7
3.9
4.3
5.2
5.0
5.1
5.3
Consumption, fabricators', total
do
65.4
88.1
79.0
79.5
75.2
75.0
82.8
90.1
87.4
96.0
60.5
77.0
2
.1
.1
Exports
do
.2
.4
.3
.2
.2
.4
3.0
.2
.7
()
(2)
Stocks, end of month:
190.2
169.4
238.1
195.8
182.0
210.2
193.0
Producers', smelter (AZI)
do ..
191.7
102.0
203.9
196.0
206.1
200.5
76.4
90.2
74.3
81.6
89.3
93.4
76.3
86.2
79.2
62.3
85.1
83.4
Consumers'
do
.1133
.1150
.1100
Price, prime Western (St. Louis)
dol. perlb...
.1150
.1084
.1100
.1100
.1100
.1000
.1137
.1142
.1100
.1100
r
2 I/ess than 100 short tons.
Revised.
? Preliminary.
* See note marked ' §."
©Basic metal content.
§ Beginning January 1959, data are based on larger sample; shipments for January and February 1959, comparable with data through 1958, are 62.9 and 62.8 million pounds.
cf Includes secondary smelters' stocks of refinery shapes.
J Scattered revisions for January 1957-July 1958 are available upon request.
.2680
.3258
.1300
1. 0220
191.3
.1213
SURVEY OF CUERENT BUSINESS
S-34
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1&59
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
METALS AND MANUFACTURES— Continued
HEATING APPARATUS, EXCEPT ELECTRIC
Eadiators and con vectors, cast iron:
Shipments
mil. of sq. ft. of radiation
Stocks, end of month
do_Oil burners: A
Shipments
thousands
Stocks, end of month
_
_
__do_
Stoves and ranges, domestic cooking, incl. built-ins: Ac?
Shipments, total
__
_
_
.thousands
Coal and wood
do
Gas (incl. bungalow and combination) o"
do _
Kerosene, gasoline and fuel oil
do
2.6
4.1
2.8
3.4
1.8
3.2
1.3
3.2
1.4
3.8
1.4
4.2
1.7
4.6
1.8
4.7
1.1
5.3
1.4
5.4
1.6
4.8
1.7
4.6
2.3
3.9
74 6
35.3
79 0
30.4
51 8
30.8
40.7
32.4
47.4
37.7
44 7
43.4
43 8
46.3
43 5
53.2
48.2
52.2
68.4
51.9
54.1
52.7
65.4
50.8
79.3
42.7
194.9
5 7
182.5
67
224.9
5.6
211.9
7 4
181.5
4 0
171.1
6 4
189.6
4 2
181.0
4 4
158.5
4.4
148.8
5.3
162.7
3.9
152.4
6 3
181.8
35
171.5
68
175.6
4.0
164.8
68
170.3
2.4
161.3
6.5
183.3
3.9
172.4
7.0
156.0
3.9
145.5
6.7
186.9
3.8
176.6
6.5
222.4
5.2
210.3
6.9
Stoves domestic heating, shipments, totalAt
do
Coal and wood
__
--. do
Gasf
do
Kerosene, gasoline, and fuel oil
- _do-_ -
344 9
58.1
229 2
57.6
379.6
61.2
255 5
62.9
208.2
29.5
148 7
30.0
137. 1
16.4
95 1
25.6
99.5
9.8
52.7
37.0
100.7
9.5
55 5
35.7
132.1
12.7
73 1
46.3
131.1
18.6
75 8
36.7
122.1
20.9
63.4
37.8
200.7
27.3
126.6
46.9
232.5
32.5
146.0
54.0
303.8
42.2
196.5
65.0
344.5
55.5
225.5
63.5
Warm -air furnaces (forced-air and gravity air-flow),
shipments totalAt
thousands
Gas
.- --- do. _Oil
do
Solid fuel
do
Water heaters, gas shipmentsA
- do
161.4
103.9
43 8
5.6
224 7
153.1
100.1
40 1
5.1
254 7
120 8
81.1
30 2
3.5
193 1
95 8
65.8
22 9
2.2
204 0
89.1
64.1
22.8
2.1
252.9
86.3
63.5
21.0
1.9
246.7
95 0
70.3
22.9
1.8
252.6
97.6
74.6
21.1
1.9
248 1
100.6
75.7
23.2
1.7
227.6
119.3
89.4
26.9
3.0
236.7
' 126. 5
'94.9
28.3
3.3
234.7
151.2
110.8
35.4
4.9
241.2
170.7
120.9
43.9
6.0
231.5
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
Blowers and fans new orders
mil. of dol
Unit-heater group, new orders
do
Foundry equipment (new), new orders, net
monthly average shipments, 1947-49=100
Furnaces, industrial, new orders, net:
Electric processing
mil. of doLFuel -fired (except for hot rolling steel)
do
64.5
118.9
83.3
137.0
39.2
20.6
34 2
19.9
29 4
21 2
30 2
20.9
127.4
237.1
166 6
154.2
157.0
125.1
110.7
134.1
2.2
6.2
1.6
5.7
1.8
1.6
1.1
g
.9
9
.8
39
1.6
19
.9
2.2
.9
19
.9
33
1.2
69
1.0
2.5
1.5
3.1
Industrial trucks (electric), shipments:
Hand (motorized)
- .number
Rider-type
do
Industrial trucks and tractors (gasoline-powered),
shipments
number
385
294
467
295
426
238
429
385
361
270
282
206
426
266
440
295
361
292
574
384
579
400
355
273
433
386
1,510
1,368
1,407
1 501
1,472
1,429
1,897
2,155
1,760
2,040
1,916
2,161
2,226
Machine tools (metal-cutting and metal-forming) :
New orders (net) total
mil. of dol
Domestic
__do
Shipments total
do
Domestic
do. _ _
Estimated backlog
months
28 10
24 65
34 90
29.65
2 9
37 00
32.00
41 40
35.90
30
30 70
26.85
33 65
27.45
30
43 90
34 75
43 95
37.80
31
41 05
35. 10
31 30
25.80
3.4
45 40
40 05
36 05
29.85
38
51 55
46 70
45 75
39 40
39
53 20
46.90
45 00
38.25
39
48 70
45.55
41 00
36.30
3.9
65.40
60.10
50.05
44.95
4.1
63.40
53.25
40.60
37.00
4.6
'52.20
r
47. 05
' 40. 30
35.35
'4.8
*>59 60
» 50. 55
p45 80
v 41. 80
*50
339.2
74.1
35.3
127.4
129.9
!32.8
126.6
U1.4
Other machinery and equipment, quarterly shipments:
Construction machinery (selected types), total?
mil. of dol
Tractors, tracklaying (crawler), total
do
Tractors wheel (contractors' off-highway) do
Tractor shovel loaders, integral units only (wheel
and tracklaying types)
mil. of dol
Farm machines and equipment (selected products),
excluding tractors
mil. of dol
Tractors, wheel (excl. garden and contractors' offhighway types)
mil. of dol
Pumps (steam, power, centrifugal, and rotary), new
orders
mil. of dol
252 2
79.5
26 7
177 4
46.0
15 7
40 8
37 4
49 6
70.2
193.6
137 1
240 2
285.3
108.6
116 5
148 8
182.6
149.1
5.7
5.9
248 4
71.8
20 5
5.4
4.4
5.2
5.0
5.5
5.6
6.7
7.0
7.3
2,976
2,262
3 041
2,672
1,791
1 376
1,437
1,593
2,118
2,556
2,728
2,893
135.5
173
129.4
184
143 9
180
120. 8
150
134 6
173
172 6
164
136.1
171
133.4
178
151.4
170
129.2
181
116.6
199
157.2
183
242.5
317.0
293.6
288.5
330 5
333 0
1, 545. 6 2 1,2 525. 7 1, 124. 7
414. 9
437.0
437.8
271.4
297 8
1, 125. 4
459.5
276.0
257.3
317.4
341.9
277.9
274 4
1, 040. 2 1, 039. 6 21,430.2
431.9 2571.0
389.3
221.2
318.1
829.0
350.4
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments
thousands
2,704
Household electrical appliances:
Ranges (incl. built-ins), domestic and export sales
121.8
thousands
155
Refrigeration output (seas adj )
1947-49=100
Vacuum cleaners (standard type) , sales billed
thousands
299.6
423 1
Washers sales billed (domestic and export)© do
2
1,572.0
Radio sets, production!
do
2
621. 7
Television sets (incl. combination), prod.§
do
Electronic tubes and semiconductors, factory sales
72 3
mil of dol
Insulating materials and related products:
Insulating materials, sales billed, index
124
1947-49=100.40, 987
Steel conduit (rigid), shipments
thous. of ft_
Motors and generators, quarterly:
New orders index
1947-49=100
Polyphase induction motors, 1-200 hp:1
New orders gross
thous. of dol
Billings
-- - do _ _
Direct current motors and generators, 1-200 hp:^
New orders gross
thous. of dol__
Billings
.__!
..do
339.1
404 1
1, 322. 2
495.6
2
346 6
329 7
1,2 347. 6
494. 0
268.5
305.1
359.8
394. 1
1,009. 4 '21,981.2 v 1, 792. 6
547. 4 - 2 808. 3
v 705. 8
78 6
69 6
66 0
63. 2
65 8
77 9
68 0
69.4
77.5
70.0
74.0
86.8
135
34, 318
122
30, 196
124
27, 468
130
34, 764
138
26, 789
152
25, 856
166
31, 654
153
35, 037
153
46, 100
131
39, 126
145
29,926
20,192
144
155
164
190
36,988
33, 580
37 637
35, 742
41, 089
38, 188
47, 367
46, 848
5,338
4,916
5,657
6,294
8,271
5,169
7,781
6,641
1
13 554 i 12 660
12,903
i 1, 959
J
2
' Revised.
*> Preliminary.
Data are for month shown.
Represents 5-weeks' production.
ABeginning January 1959, industry estimates are based on revised inflating factors and are not strictly comparable with earlier data.
concludes data for built-in gas-fired oven-broiler units; shipments of cooking tops (for use with the ovens), not included in figures above, totaled 32,500 units (4-burner equivalent) in
August 1959 and 35,500 units in September 1959.
fRevisions for gas heating stoves (January-June 1958) and warm-air furnaces (January 1957-June 1958) are available upon request.
9 Includes data not shown separately.
©Data exclude sales of combination washer-dryer machines; such sales (including exports) totaled 25,500 units in September 1959.
§ Radio production comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for September and December 1958 and March,
June, and September 1959 cover 5 weeks; all other months, 4 weeks.
HData for induction motors cover from 25 to 30 companies; for d.c. motors and generators, from 14 to 19 companies.
SURVEY OF CURRENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-35
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous of short tons
Stocks in producers' storage yards, end of mo., do. - E xports
do
Prices:
Retail, stove, composite
dol. per short ton.Wholesale, chestnut, f.o.b. car at mine
do
Bituminous:
Product ion . .
thous. of short tons. _
Industrial consumption and retail deliveries, total 9
thous. of short tons ~
Electric power utilities
do
Railroads (class I)
do
Manufacturing and mining industries, total.. do
Coke plants (oven and beehive)
do
Retail deliveries to other consumers
do
Stocks, industrial and retail dealers', end of month,
total
thous of short tons
Electric power utilities
do
Railroads (class I)
do
Manufacturing and mining industries, total, do
Oven-coke plants
do
Retail dealers
do
Exports
do
Prices:
Retail, composite...
__ dol. per short ton
Wholesale :
Screenings, indust. use, f.o.b. car at mine do
Domestic, large 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:
Oven-coke plants, total
do
At furnace plants
_
do
At merchant plants
_..
--do.Petroleum coke
_
do
Exports
__
do ..
Price, oven foundry coke (merchant plants), f.o.b.
Birmingham. Ala._.
dol. per short ton.
r i 726
467
217
2 050
501
235
1 966
527
252
1 559
580
198
1 959
406
192
2 194
329
181
1 557
298
166
1 508
281
108
1 503
'329
79
1 388
372
158
1 683
395
106
1 142
411
119
27. 80
13 951
27. 95
14 343
28.13
14 413
28.14
14 413
28.26
14 413
28.81
14 966
28.80
14 763
28.75
13 391
27.44
13 391
27.34
13 391
27.48
13 811
36, 956
40, 205
34, 802
39, 799
35, 730
33, 760
34, 820
34, 460
34, 860
36, 010
24, 260
29, 468
12 087
215
14, 203
6,439
32, 454
13 094
15, 514
7,310
281
32, 325
13 265
282
15, 599
7,509
36, 484
15 715
363
16, 475
7,885
35 683
15 907
339
16, 394
7,864
33, 312
14 002
304
15, 452
7,784
34, 752
14 400
286
17,260
8,861
30 925
12 632
241
16, 352
8,613
30, 253
12 718
189
16, 174
8,830
29, 921
13 249
152
15, 303
8.561
26 217 * 24, 982
13 806
13 391
131
133
11,319 ' 9, 318
5,136
3,009
24, 744
12 987
137
9,235
2,849
2,826
3,428
3,068
3, 900
3,040
3,551
2,802
1,634
1,018
1,059
1,622
2,281
66 596
45, 376
246
68 773
47, 680
246
19, 774
7 927
74 020
49, 508
25, 683
11 666
77 212
50, 326
387
25,410
12 336
76 285
48, 752
345
26, 242
12 957
71 203
45, 121
360
24, 969
12 128
69 167
43, 024
349
25, 139
11 852
1 017
1 062
1 089
946
753
655
4 626
4 510
4 086
2 920
3 142
o 288
402
23, 093
10 523
77 807
50, 653
409
r
29, 940
r
32, 530
65 739
42 292
276
22 686
11 569
67 659
43, 686
266
23, 077
11 837
70 369
44, 932
271
24, 369
12 428
65 374
43* 493
249
20, 700
9 278
519
485
630
797
932
1 062
1 073
2 824
3 148
3 303
2 894
3 677
4 001
3 509
65 868
41 ' 939
337
23, 073
11 684
r 19, 912
8 442
16.72
16 95
5. 171
7. 724
J> 5. 185
J»7. 818
59
2 310
663
40
1 543
670
32
1 532
16.60
16 49
16 81
16 83
16 98
16 99
17 00
16 94
16 58
16 55
16 65
5. 329
7.784
5.291
7.822
5. 280
7.841
5. 332
8.013
5. 334
8.013
5.341
7 775
5.206
7 359
5. 174
7 313
5. 173
7. 459
5.175
7. 585
57
4,458
604
65
5 053
72
5 183
647
84
5 437
687
82
5 533
683
92
5 437
636
137
6 262
736
152
6 074
617
133
6 244
693
121
5 923
724
1 709
27.49
27.40
13 811 v 14 233
1,248
5. 326
7. 659
665
1 515
442
108
r
r
3 993
2, 577
I, 416
845
28
3 896
2 507
1,389
882
42
3 882
2 482
1,400
931
42
3 813
2 411
1,402
964
33
3 793
2 366
] ' 427
995
29
3 709
2 274
1, 435
1 041
31
3 587
2 158
1 429
1 094
33
3 423
2 042
1*381
1 094
35
3 154
1 835
1 320
1 131
61
2 900
1 643
1,257
1 178
41
2 195
861
1,335
1 203
41
2 299
985
1,314
1 185
29
2 850
1 198
1 652
28. 85
28. 85
28. 85
28. 85
29. 23
30.35
30. 35
30. 35
30.35
30. 35
30.35
30. 35
30.35
Crude petroleum:
Oil wells completed
. . _ . . _ .number.
2, 112
Price at wells (Oklahoma-Kansas)
dol. per bbl._
3.07
Runs to stills
thous. of bbl
232, 884
Refinerv operating ratio
percent of capacity. 85
2,388
3.07
238 695
2,383
3.07
233 279
84
2,338
3.07
246 781
86
2,427
2.97
255 124
88
1, 853
2.97
227 562
87
1, 995
2.97
254 422
88
2 209
2 97
235 982
84
2, 149
2.97
244 789
83
2, 368
2.97
239 607
84
2,447
2.97
244 316
83
2,114
2.97
250 508
85
295,812
287, 512
315, 389
315,524
292, 471
318 918
286 201
296 418
295, 505
280 418
282, 365
216, 304
25, 074
209, 518
25, 246
221, 210
26. 790
223 926
26, 697
201, 435
25, 091
222 839
27, 328
217 685
26, 162
223 806
26, 638
212 489
25, 950
210 311
26, 190
209, 733
26, 539
29, 026
33, 434
28. 664
23, 722
33, 955
36 237
8,464 -42, 509 -35, 136
29, 467
36 478
-2,628
28, 113
40 638
7, 295
22 270
20 084
6,766
29, 089
16 885
33, 433
36. 147
20 919
17, 313
27, 510
16 407
2,610
29, 943
16, 150
13, 291
35, 060
32
30. 35
PETROLEUM AND PRODUCTS
All oils, supply, demand, and stocks:
New supply, total
-_
thous. of bbl
286, 355
Production:
Crude petroleum
do
212, 972
Natural-gas liquids, benzol (blended), etc. -do
23, 989
Imports:
Crude petroleum
... _
do
29, 927
Refined products _ do. _ 19, 467
Change in stocks, all oils (decrease, — )._
do
22, 135
Demand, total..
._
Exports:
Crude petroleum .
Refined products
Domestic demand, total 9
Gasoline
Kerosene. -_ _
Distillate fuel oil
Residual fuel oil
Jet fuel -.
Lubricants
Asphalt
Liquefied gases _
-_.do
_
__
_
..
289, 639
279, 048
357, 898
350, 660
295, 099
311,623
279 435
262 985
278. 192
277 808
269, 074
170
255, 394
120,389
6, 031
38, 056
37, 070
330
8,426
280, 883
125 097
9,008
47,319
45, 049
275
8,888
269, 885
110 587
10, 114
57 010
44, 642
74
6, 837
350, 987
120 305
17,616
97 574
62, 799
352
7 998
342, 310
114 720
17, 997
95 234
62. 940
97
6 439
288, 563
99 759
13, 113
74 102
57, 436
178
7 297
304, 148
118 995
10 693
67 218
59, 281
230
963
24f>
917
980
682
130
267
7 067
255 651
127 049
4*013
37 474
37, 776
192
7 600
270, 400
133 695
4 552
36 438
40, 442
7
270
137
6
34
36
174
264
370
141
063
161
068
237
6 698
262 139
132 875
4 370
31 457
34, 705
8,684
3,362
12, 599
12,610
9,678
3, 529
11, 227
14, 060
7 100
3 498
6,343
15 455
8 121
3 440
3,892
21, 999
8 086
3 504
3, 635
22 710
476
$31
367
632
7 914
3 900
12, 562
14 839
8
3
13
15
983
671
440
165
9 233
3 567
13 721
16 563
do.
816, 668
do
251, 701
do
27,437
.do .. 537, 530
822, 841
255, 345
27 894
539, 602
831, 305
257 546
27 349
546,410
788,
262
22
503,
120, 877
2,649
128 537
2,160
165, 888
12 686
do
do
-do_ .
- do
.
Stocks, end of month, total
Crude petroleum
_ _
Natural-gas liquids
Refined products. ._
28, 885
25, 549
6,173
264, 220
do
do do
do
do
_. do
do.
,
84
8, 656
Refined petroleum products:
Gasoline (incl. aviation):
Production.
_
__
do
120, 010 121, 539
Exports
do
2, 524
2,389
Stocks, end of month:
Finished gasoline
do
164, 375 157, 576
Unfinished gasoline
do
12 544
10, 962
Prices (excl. aviation):
Wholesale, refinery (Okla., group 3) .dol. per gal-. 120
.120
Retail (regular grade, excl. taxes) , service stations,
55 cities (1st of following mo.)
dol, per gal .
.211
. 215
r
Revised.
* Preliminary.
9 Includes data not shown separately.
7
271
124
5
47
45
7
2
3
17
203
746
160
g64
7 568
3 799
5' 798
16 617
751,
260
17
474
762
040
651
071
759, 057
254 940
19 524
484* 593
765,
257
22
485
823
564
^89
670
799, 256
264 525
27 210
507* 521
816, 569
272 505
29 976
514* 088
819, 179
264 994
31 296
522 889
832,
253
31
547
127 508
I, 575
111 523
1,682
126 219
1/262
118 105
2, 243
123 879
2*002
124 580
1,814
127 991
2,056
130 366
1, 398
174, 526
12 234
187 472
t i 603
197 468
12 8Q9
204 648
1'-? 964
197 841
12 554
193 106
12 534
183 022
13 056
172 755
12 539
170 543
11 378
. 116
. 116
.115
. 115
. 120
. 120
. 120
. 115
. 110
. 120
.204
. 206
.210
.211
.213
.211
.212
.213
.217
.218
796
730
752
314
754,
258
18
478
390
108
008
274
§ Includes nonmarketable catalyst coke.
8 589
3' 577
Q 971
14 787
7
3
9
13
470
091
820
559
.214
. 207
SURVEY OF CURRENT BUSINESS
S-36
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
November 1939
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Aviation gasoline:
11, 142
Production
thous. of bbl
1, 633
Exports
do
10, 564
Stocks, end of month
do
Kerosene:
8 544
Production
do
31, 259
Stocks, end of month
_
_
do
Price, wholesale, bulk lots (N.Y. Harbor)
.104
dol. per gal_.
Distillate fuel oil:
53, 506
Production
thous. of bbl
1,538
Imports
._
do
1,570
Exports
do _
155,412
Stocks, end of month
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
.099
dol. per gal__
Residual fuel oil:
29, 197
Production
thous of bbl
10, 139
Imports
do
2,782
67, 670
Stocks end of month
do
1.30
Price, wholesale (Okla., No. 6 fuel) dol. per bbl
Jet fuel:
7, 061
Production
thous. of bbl_.
6. 145
Stocks end of month
do
Lubricants:
4 162
Production
do
978
Exports
do _
10, 037
Stocks end of month
do
Price, wholesale, bright stock (midcontinent, f.o.b.
.230
Tulsa)
dol per gal
Asphalt:
10, 352
Production
thous. of bbl
8,696
Stocks end of month
do
Liquefied petroleum gases:
4,691
Production
do
8,312
Transfers from gasoline plants
do
Stocks (at plants, terminals, underground, and at
21, 863
refineries)
thous of bbl
do
do
thous. of sq. ft._
short tons
10, 464
1,722
11,476
10, 690
1, 507
12, 300
10, 269
823
13, 186
9,979
1, 117
14, 437
9,845
746
14, 884
10, 099
1, 518
14, 408
10, 567
1,408
14, 325
10, 828
1,180
14, 623
10. 930
1,356
12, 887
10, 947
736
12, 793
9 778
31, 877
10 500
32, 120
11. 593
26, 040
12, 978
21, 090
11,686
19, 725
9 484
18, 688
8 269
21, 003
7 574
24, 597
7 314
27, 364
6 967
28, 328
7 264
31, 221
.104
.104
.109
.112
.117
.117
.112
.107
.101
.101
.098
56, 372
1, 174
1,102
164, 686
54. 364
1,035
2,025
161, 192
60, 595
1,727
987
125, 101
66, 124
1, 556
1, 261
96, 849
60, 458
1,585
856
84, 071
61, 610
3,467
1,427
80, 662
52, 181
1,877
951
86, 222
54, 295
811
1,112
102, 863
53, 745
1,841
1,182
120, 962
53, 279
1, 055
886
140, 388
55. 921
818
1,673
164, 134
.099
.099
.104
.107
.112
.112
.107
.102
.096
.096
.093
29, 738
16, 564
2,488
67, 045
1.40
29, 361
15, 945
1,997
66, 223
1.50
34, 246
23, 058
1,814
59, 508
1.60
34, 622
26, 153
3,234
55, 214
1.70
31, 493
26, 354
2, 345
54, 178
1.90
32, 569
31, 409
2,703
57, 210
1.90
28, 104
14, 984
2,572
53, 327
1.80
27, 874
13, 861
1,950
55, 821
1.80
27, 448
14, 671
2,499
55, 479
1.60
25 514
11,272
2 145
54, 509
1.60
27, 393
11, 764
1 554
57, 855
1.60
6,558
5,373
5,804
5,184
6,982
5,871
6,112
6.257
6,218
6,499
7,958
7,879
7,154
7,842
7,060
7,960
7,331
7,995
7,974
7,995
9, 044
8,433
4 519
1,262
9,765
4,313
1,168
9,412
4,692
977
9,687
4,360
1,051
9,494
3 941
961
9,728
4 652
1,174
9,407
4 751
1,411
9, 170
4 754
1,181
8,912
4 615
1,231
8,396
4 958
1,281
8,402
4 593
1, 154
8, 274
.230
.230
.230
.230
.230
.230
.230
.230
.230
.230
.240
9,384
7,351
6,949
8, 416
4,524
9,757
4,510
11,252
4.379
12. 726
6,769
14, 270
7,674
15, 235
9,281
15, 351
10, 582
14, 228
11,515
12, 853
11,406
11, 409
4,506
9,708
4,773
11,033
5, 602
16, 338
5, 171
17, 383
5,353
12, 784
6,134
10, 813
5,861
9,314
5,771
8,251
5,636
9,504
5,657
9,875
5,576
11, 236
22, 316
21, 970
17, 323
11, 956
11, 154
13, 318
17, 051
21, 737
24, 544
26. 819
27, 961
6,096
2,486
3,611
5,880
2,377
3,503
3,864
1,472
2,391
2,391
851
1,540
2, 698
1,029
1,669
3,365
1,221
2,144
6,950
2,524
4,426
3,985
1,379
2,606
4,749
1,568
3,182
5,563
1,820
3, 743
6,163
2,079
4,083
5,916
2,112
3,804
6,508
2,430
4,078
114
197
1,925
86. 761
132
188
1,842
81, 137
97
113
1,153
65, 787
59
68
1,058
54, 392
54
76
950
58, 927
67
69
1,094
66, 678
110
107
1,484
120, 966
53
143
2,206
80, 148
62
159
1,870
83, 830
69
156
2,087
93, 477
88
176
2,280
102, 080
87
168
1,721
87, 528
109
165
2,211
95, 489
Asphalt and tar products, shipments:
Asphalt roofing, total
thous. of squares..
Roll roofing and cap sheet
- do
Shingles all typos
do
\SDhalt siding
Insulated siding
Asphalt board products
Saturated felts
10, 843
1,470
10, 778
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Ptilpwood:
Receipts
Consumption
Stocks end of month
Waste paper:
Consumption
Stocks end of month
thous of cords (128 cu ft)
do
do
3,043
2 934
6, 120
3, 407
3,388
6,103
2,841
3, 047
5,932
2,839
2,813
5,942
3,174
3J65
5,931
2,962
2,942
5,952
3,040
3,255
5,740
2,805
3,314
5,205
2,950
3,285
4,835
3,117
3,286
4,670
3,215
3, 075
4,822
thous of short tons
do
r 785. 2
429.4
805.4
436.9
719.2
439.9
692.5
469.8
712.9
463. 4
745.9
449.5
794.4
455.8
786.8
471.5
783.6
489.0
793.6
491.7
695.9
542. 9
1, 822. 6
72 1
1, 034. 3
189.1
2, 081. 6
88.4
1, 205. 4
223.5
1, 908. 2
84.7
1, 109. 5
197.7
1, 836. 1 2, 039. 6
90.2
94.4
1, 044. 8 1, 153. 7
184.3
213.0
2, 060. 1
90.0
1,181.4
210.9
234.5
102.8
189.9
258.3
104.8
201.4
237.5
93.8
184.9
235.0
93.1
172.8
265. 5
98.0
185.3
243.4
91.8
181.5
264.0
109.0
205.4
267.2
105.9
204.7
271.5
106.7
210.2
265.5
111.8
212.2
251. 3
107.7
203. 8
873.3
258.9
533.3
81.1
888.8
272.0
533. 8
82.9
886. 8
273.9
528.3
84.6
878.4
248.8
543.8
85.9
906.6
271.1
552.7
82.8
900.4
272.5
548.3
79.6
924.1
298.2
546.6
79.3
916. 4
292.4
545.3
78.7
950. 9
317.9
555.6
77.5
932.9
306.4
546.3
80.2
914.2
288.4
547.2
78.6
38.8
14.2
24.6
41.1
22.0
19.1
46.9
17.0
30.0
40.3
18.8
21.5
53.1
22.1
30.9
43.0
22.1
20.8
47.9
27.0
20.9
52.7
20.5
32.3
37.2
21.8
15.4
55.7
24.0
31.7
193.6
15.3
178.3
199.4
14.9
184.5
198.3
12.4
185.9
198.5
15.3
183.1
215.9
11.4
204.5
186.1
12.4
173.7
180.3
12.4
167.9
213.7
15.9
197.8
200.9
13.0
187.9
2 654
1, 121
2,914
1,253
1, 362
14
285
2,640
1,149
1,237
10
243
2,513
1, 125
1, 151
11
225
2,707
1.213
1,239
12
243
2 621
1,145
1,222
11
243
2,867
1,239
1,335
12
281
2,958
1,294
1,352
13
299
2,925
1,277
1,344
13
291
WOOD PULP
Production:
Total all grades
thous of short
dissolving and special alpha
Sulfate
Sulfite
tons
do
do
do
Groundwood
do
Defibrated or exploded
do
Soda, semichem., screenings, damaged, etc._do
Stocks, end of month:
Total all mills
do
Pulp mills
do
Paper and board mills
do
Nonpaper mills
do
Exports all grades total
Dissolving and special alpha
4.11 other
do
do
do
Imports all grades total
Dissolving and special alpha
All other
do
do
do _
1, 754. 3 1, 961. 0
93.8
77. 7
981. 6 1,111.3
194.0
207.1
2, 090. 0 2, 055. 0
94.2
86.6
1, 207. 2 1,171.7
207.6
199.5
r
3, 536
rr 3. 424
4, 920
3,336
3,215
5,048
796.2
513.9
784.5
524.5
1,912.5 T 2, 129.6 2, 001. 8
76.0
95.0
98.0
1,091.5 1, 216. 0 1, 126. 1
182. 1
' 209. 3
195.2
270.2
116.2
222. 8
255.3
112.0
215.2
900. 1
284. 1
542.6
73.4
868.4
263. 7
532. 2
72.6
57.2
24.2
32.9
57.1
23.3
33.8
76.0
36.4
39.6
214.3
14.0
200. 3
214.3
12.0
202.3
189.9
15.4
174.6
191.8
15.9
175.9
2,921
1,258
1,353
13
297
2,676
1,166
1, 203
11
295
2, 955
1, 268
2.844
1,215
1,319
12
298
r
r
r
PAPER AND PAPER PRODUCTS
All paper and board mills, production:
Paper and board total
thous of short tons
Paper
do
Paperboard
do
Wet-machine board
do
Construction Daoer and board
..do
r
Revised.
*> Preliminary.
r
T
r 1, 244
12
276
T
r
r 1, 373
r
15
-•300
.........
SURVEY OF CURRENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-37
1959
January
February
March
April
May
June
July
August
September
October
PULP, PAPER, AND PRINTING— Continued
PAPER AND PAPER PRODUCTS- Continued
Paper, except building paper, newsprint, and paperboard (American Paper and Pulp Association) :
Orders, new 9
thous of short tons
Orders, unfilled, end of month 9
do
Production..__
do
Shipments 9
do
Stocks, end of month 9
do
Fine paper:
Orders, new
_
do
Orders, unfilled, end of month
do
Production.
_
do
Shipments
do
Stocks, end of month
do
Printing paper:
Orders, new . _ _
_
do
Orders, unfilled, end of month
do
Production
do
Shipments
_ __
_
do
Stocks, end of month
do
Price, wholesale, book paper, "A" grade, English
finish, white, f.o.b. mill
dol. per 100 l b _ _
Coarse paper:
Orders new
thous of short tons
Orders, unfilled, end of month
do
Production
__
do
Shipments
do
Stocks, end of month
do
Newsprint:
Canada (incl. Newfoundland) :
Production
do
Shipments from mills
._
__
do
Stocks at mills, end of month
do
United States:
Production
do
Shipments from mills
do
Stocks at mills, end of month
do
Consumption by publisherscf __ _
do
Stocks at and in transit to publishers, end of
monthcf
thous. of short tons..
805.9
657.4
984.6
796.1
504.6
906.2
686.5
1,102.0
901.1
541.6
852.4
697. 4
1, 007. 1
813.5
531.6
819.5
640.3
986.8
797.5
537.8
108.2
65.5
133.2
111.0
116.9
130.2
70.1
144.3
128.7
130.7
126.6
73.0
133.9
125.4
136.0
115.3
66.6
138.0
118.7
145.9
320.8
398.7
328. 1
324.3
225.1
357.0
414.4
358.3
356.0
227.3
361.8
441.2
325. 7
326.4
226.7
345. 5
394.8
329.0
329.3
226.6
'
939. 3 r 900. 4
r
741. 3 ' 786. 3
1,099. 9 ' 1,022. 1
r 932. 5 ' 854. 5
r
539. 0
'551.2
2
923.2
900.0
669.6
601.6
1, 054. 7 1, 000. 2
836.3
873. 3
542.4
534.0
975.0
704.6
1, 082. 1
897.3
540.0
1, 009. 2
761.3
1, 142. 7
950.3
552.7
934.5
722.4
1, 120. 6
934.4
553.6
149.2
78.6
138.4
141.9
131.3
146.9
89.7
135.9
137.5
129.6
158.3
101.6
148.0
148.5
129.1
162.2
109.7
152.0
150.3
128.2
140.5
102.0
149.2
148.9
127.3
f 146. 9
103.4
'r 151. 1
151.2
130.2
' 116. 8
138.0
93.0
153.0
147.0
127.0
384.0
329.3
358.2
353.2
236.5
370.4
360.8
329.1
326.8
238.8
418.1
391.2
370.6
362.5
246.9
437.8
430.5
383.8
382.6
248.0
386.9
407.8
378.6
376.4
250.3
r 393. 8 ' 394. 0
435. 3 r 475. 2
' 379. 2 ' 335. 8
«•r 381. 4
' 358. 0
248. 0 r 245. 8
381.0
419.0
395.0
390.0
251.0
r
2
2
2
2
r
126. 7
r 101. 2
'• 122. 3
* 121.4
r
853. 0
672. 0
887. 0
870. 0
491. 0
15.95
15.95
15.95
15.95
15.95
15.95
15.95
16.28
16.28
16.28
323.5
139.6
309.2
307.2
96.7
359.2
152.8
350.5
354.8
105.3
312.0
143.1
326.5
309.0
103.5
298.0
131.0
298.0
294.9
95.6
330.4
147.5
320. 6
319.8
101.1
327.1
168.1
311.7
316.2
103.2
332.2
159. 5
327.9
324.9
97.7
343.5
164.8
352.2
353.8
105.7
346.6
161.4
346.5
343.2
104.6
' 334. 2
490.8
495.3
223.3
544.1
555.1
212.3
518.1
527.7
202.7
476.2
494.3
184.7
491.1
465.9
209.9
466.0
416.2
259.6
511.9
453. 2
318.3
534.6
577.5
275.4
551.3
589. 1
237.5
534.2
535.6
236.1
535.8
547.0
224.9
541.5
531.1
235.2
532.8
560.6
207.5
137 2
139.7
22.6
154.8
158.7
18.6
152. 6
150.6
20.6
144.7
148.8
16.5
165.7
155. 1
27.1
149. 6
155.0
21.7
161.8
159.2
24.3
161.3
168.6
16.9
172.4
166.8
22.5
167.9
161. 4
29.0
149.2
156.5
21.7
173.8
167.7
27.8
149.2
155. 6
21.3
413.0
470.0
465.2
394.3
394.9
384.5
457.7
466.5
484.2
428.9
400.1
423.0
449.0
651.7
651.8
636.3
578.5
567.9
562.4
579.8
625.8
642. 8
660.4
434.4
462.1
134. 40
p 134. 40
697.2
Imports
_
__
do
391.6
Price, rolls, contract, delivered to principal ports
dol. per short ton__ 134. 40
Paperboard (National Paperboard Association):
Orders, new
thous. of short tons__ 1, 309. 2
Orders, unfilled, end of month
do
482.8
Production, total
_
_
do
1, 255. 1
90
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
9,032
shipments
mil SQ ft surface area
Folding paper boxes, index of physical volume:
135.6
Consumption of boxboard
__ 1947-49=100
133.1
Shipments of boxes
do
325. 9
r 153. 3
' 164. 8
r
>• 339. 4
322. 8
' 335. 9 «• 320. 6
' 105. 9 r 111.5
655.3
632.8
439.5
431.3
432.1
341.6
351.6
410.3
430.7
477.0
458.2
434.1
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
1, 400. 0 1, 224. 6 1, 249. 1
427.6
369.6
405.3
1, 408. 3 1, 269. 6 1, 203. 0
95
92
81
1,168.6
375. 6
1, 196. 0
89
1, 255. 9
423.7
1,215.2
93
1, 388. 8 1, 375. 2
478.6
497.8
1, 388. 0 1, 386. 7
96
93
1, 282. 4
550.6
1, 209. 5
85
1,381.1 1, 384. 2
498.7
507. 4
1, 346. 2 1,351.2
94
93
16.45
16.45
r
p!6. 45
334.0
160.0
339. 0
333.0
113.0
1, 395. 9 1, 367. 1
507.4
532.0
1, 418. 7 1, 360. 1
93
96
9,876
8,107
7,967
8,391
8,118
8,982
9,208
9,121
9,121
8,908
9,486
10, 034
139.7
139.1
117.5
118.3
122.7
129.1
133.1
117.5
139.4
117.9
146.7
134.7
138.5
124.6
132.2
123.4
137.1
129.8
134.6
121.4
137.2
127.7
135.9
133.1
1,217
1,007
210
1,307
1,092
215
i 1, 728
i 1,411
i 317
469
368
101
1, 073
873
200
i 1, 574
i 1, 334
1240
1,299
1,022
277
1,280
968
312
i 1, 500
i 1, 120
1380
1,048
822
226
i 1, 189
i 946
1243
864
684
180
41, 483
78, 157
44, 347
38, 777
82, 983
45, 450
47, 786
84, 727
46, 048
47, 545
80, 059
47, 527
46, 914
80, 106
45, 359
49, 252
78, 208
47, 643
1, 463. 5
483.2
1, 479. 7
97
10, 584
PRINTING
Book publication, total
New books
New editions
number of editions
do
do
i 1,023
i 871
i 152
1, 357
1,148
209
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
long tons
44, 743
Stocks, end of month. _ . _
do
82, 622
Imports, including latex and guavule
do
41, 343
Price, wholesale, smoked sheets (New York)
.294
dol. per l b _ _
Synthetic rubber:
Production
_
long tons
90, 979
Consumption
do
79, 166
Stocks, e n d o f month
_ _ _ _ _
do
182, 840
Exports
do
13 100
Reclaimed rubber:
Production _
Consumption. _
_ _ _ _ _ _ _ _ _ _
Stocks, end of month
do
do
do
48, 875
77, 859
45, 136
43, 031
74, 969
41,819
46, 891
77, 807
54, 492
49, 913
82, 487
54, 950
47, 345
79, 657
48, 917
51, 991
78, 871
48, 584
.313
.324
.299
.301
.301
.315
.340
.366
.346
.350
.370
3.400
100, 981
88, 818
178, 534
17,151
102, 496
79, 723
183, 511
17, 078
101, 655
86, 189
186, 233
17 177
108, 504
89, 636
187, 043
17. 762
102, 297
87, 393
187, 181
16, 143
111,377
95, 089
183, 866
22, 150
108, 477
79, 739
182, 939
25, 990
109, 951
74, 615
191, 763
27, 941
106, 716
91, 695
179, 569
28, 193
114,316
93, 734
176,604
26, 261
119, 031
91, 037
183, 516
23, 729
119, 847
96, 859
178, 306
30, 634
22, 596
21, 899
26, 676
26, 523
23, 708
27, 340
22, 396
21,401
27, 680
24, 800
23, 379
29, 063
25, 790
25, 002
27, 157
25. 290
24, 471
27, 504
29, 310
27, 869
27, 582
21, 671
22, 380
25, 131
19, 401
20, 496
23, 554
26, 119
24, 998
23, 448
27, 863
23, 942
25, 949
25, 276
22, 914
26, 165
28, 123
25, 137
27, 384
.410
TIRES AND TUBES
Pneumatic casings:
Production
8,277
9,344
8,393
9 376
10, 184
10, 270
11 350
8,025
7,796
10, 294
11, 223
9,683
10, 103
do
do
do
do
7,912
1,442
6, 365
105
8,454
1,838
6,476
140
7,788
3, 369
4,320
100
8.892
4,057
4,711
124
9,806
2,960
6,742
104
8,551
2,805
5,611
135
10, 557
3,336
7,103
117
10, 999
3,594
7, 297
109
9,726
3,291
6, 356
79
10, 237
3, 392
6,756
90
10, 532
3, 588
6,832
112
7,957
1,249
6, 595
114
9,298
2,345
6,819
135
Stocks, end of month
Exports (Bur. of Census)
do
do
18, 925
109
19,913
86
20, 403
118
20, 988
113
21, 399
101
23,019
75
23, 862
92
20, 872
103
18, 727
96
19, 088
73
19, 877
79
21, 730
91
22, 542
91
Inner tubes:
Production
__
Shipments
Stocks, end of month
Exports (Bur. of Census)
do
do
do
do
3,390
3,498
7,657
69
3,768
3 567
7, 869
77
3, 319
2 899
8,372
71
3,491
3 411
8 617
89
3,806
4 800
7, 536
123
4,094
4 316
7, 364
69
4, 459
4 435
7,629
75
3,380
3 928
7,219
77
2,752
3,275
6,849
80
3,683
3 872
7,000
63
4,345
3 948
7,560
54
3,716
3 583
7 848
67
4 065
3 693
8 334
>i
Shipments, total _ _ . __
Original equipment
Replacement equipment
Export
thousands
_
r
r
l
2
Revised.
*> Preliminary.
Data for months noted cover
5 weeks; other months, 4 weeks.
August data exclude estimates for tissue and miscellaneous papers.
quotation.
9 Data exclude estimates for "tissue paper."
c?1 As reported by publishers accounting for about 75.5 percent of total newsprint consumption in 1958.
3
September 14
S-38
SURVEY OF CURRENT BUSINESS
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
.November 1959
1959
January
February
March
April
May
| June
July
August SeptemOctober
ber
STONE, CLAY, AND GLASS PRODUCTS
!
i
PORTLAND CEMENT
Production, finished cement
thous. of bbLPercent o f capacity
_ _ _ _ _ _ _
__
Shipments, finished cement
thous. of bbL
Stocks, end of month:
Finished
do
Clinker
do
r
31,597
98
35,031
32,847
98
36, 880
28, 031
86
24, 758
23, , ;90
70
16,817
18, 604
55
14, 544
16, 710
54
14, 943
24, 329
72
23, 250
29, 093
88
30, 423
33, 428
96
33, 278
33, 455 * 34, 180
99
100
36. 361 37, 370
24 445
15 360
20 415
12 494
23 686
12 124
30 800
15,479
34 838
20. 364
36 680
25, 183
37 711
27 662
36 378
27, 544
36 527
26 037
33 605
23 109
661.4
47.4
186.1
696.7
54.0
190.0
580.3
46.5
152. 5
425. 8
37.9
118. 1
365.1
38.3
101.4
388. 6
34.6
99.8
597. 7
40.1
153 4
685. 2
49.8
185 7
629. 1
48.0
182.0
39.8
43.4
37.2
37.5
32.6
28.6
30.8
36.2
19.3
21.4
17.6
18. 5
17.6
18.0
19.8
21.7
135.7
135. 7
136.3
137.1
137.9
137.9
138.2
138.5
34, 800
100
37,111
32, 590
97
35, 351
30 415
19 981
r 28 10°
r Ig Q7g
25 341
13 42 r >
737.4
49.6
194 9
723 9
50.8
195 9
686. 7
48.6
199 1
37.6
38.4
40.3
36.7
21.5
22.2
22 3
139,1
139.1
139.6
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil. of standard brick _
Structural tile, except facing
thous. of short tons__
Sewcr pipe and fittings, vitrified- _
... do
Facing tile (hollow), glazed and unglazed
mil. brick equivalent. _
Floor and wall tile and accessories, glazed and unglazed
mil. of sq. ft
Price index, brick (common), f.o.b. plant or N.Y. dock
1947-49=100--
22 0
r
139. 2
139.2
GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments (qtrly. total)
thous. of dol
Sheet (window) glass, shipments- _ _ _
_ . do
Plate and other flat glass, shipments
do
57, 611
27, 497
30, 114
Glass containers:
Production
12, 583
13, 217
11,455
10, 515
11,504
11,416
11,518
13,226
13. 354
13,713
13, 757
14 944
11 832
13, 314
12, 683
10, 487
10, 505
11,036
10, 347
11,929
12, 384
13, 242
13, 585
13, 109
19 712
12 28?
2,369
1,407
927
977
1,124
1,065
1,208
1,240
1,305
1.316
1,466
2 850
1
4,271
3, 867
3,224
3,218
3,297
3,101
3,375
3,271
3, 569
3.850
3,753
5,922
3,909
__do
do
-- do_ __
do. __
_ do
do
462
811
1,290
2,871
1,048
192
664
686
1, 577
3,261
1, 045
176
593
639
1,312
2, 751
882
159
804
867
1,030
2,580
823
206
573
693
1,137
2,952
1,107
153
549
643
1,097
2,724
1,025
143
961
872
1,247
3,000
1,130
136
1,119
1,328
1,222
2,882
1,178
144
1,378
1,670
1,240
2,839
1, 101
140
1,558
1,432
1,297
2,837
1, 148
147
1,272
1,381
1,291
2, 673
1,114
159
1,054
1,662
2,244
4,184
1,519
277
1 015
1,289
2, 502
1,107
do
17, 971
18, 176
18, 820
18, 537
18, 771
18, 938
19, 341
19, 943
19, 832
19,774
20, 195
15, 120
14 403
thous of gross
Shipments, domestic, total
do
General -use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers, jelly
glasses, and fruit jars)-_ thous. of gross- _
Beverage
_ __
Beer bottles
Liquor and wine
Medicinal and toilet _
Chemical household and industrial
Dairy products
_ _
Stocks end of month
40, 070
21, 181
18, 889
78, 102
35, 186
42. 916
57, 269
28, 438
28, 831
659
598
203
GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
Production
thous of short tons
do
Calcined production quarterly total
do
Gypsum products sold or used, quarterly total:
Uncalcined uses
thous of short tons
Industrial uses
do
Building uses:
Plasters:
Base-coat
do
All other (incl Keene's cement)
do
Lath
Wallboard
All other §
mil of sq ft
-- do _
do
1,067
2 667
1,196
2,649
841
2 327
1,780
2 834
2 310
2,102
2,033
2 459
915
68
1,060
62
774
70
1,061
75
377
341
318
292
310
257
375
333
620 7
1, 399. 6
61.9
542 9
1, 393. 0
56.2
496 6
1, 342. 0
51.4
637 7
1, 603. 6
77.6
1.890
TEXTILE PRODUCTS
APPAREL
Hosiery shipments
thous of dozen pairs
Men's apparel, cuttings^A
Tailored garments:
Suits
-- - - -- -thous. of units
Overcoats and topcoats
do
Coats (separate) dress and sport
Trousers (separate) dress and sport
Shirts (woven fabrics) , dress and sport
do
do
14, 264
16, 001
13, 448
11,774
13, 593
12, 684
12,891
12, 228
10, 926
1,344
444
i 1,1 790
470
1,616
320
i 1, 680
i 240
1,612
200
1,608
248
11,940
1
345
1,768
488
1,700
524
628
5,612
1
1
690
6, 490
736
5,476
i 855
i 6, 155
884
6,552
912
6,456
1
1
870
8, 000
912
7,992
980
8,324
1
12, 418
14, 242
14, 448
1, 895
i 645
1,020
452
1, 800
608
i 2, 035
1630
i 1,090
7.510
640
6,656
948
8, 000
1
1
13,417
1
1
!9S5
9, 025
1,700
i 2, 035
1,684
i 1, 705
1,752
1,740
1, 860
1,812
1,768
1,795
1,520
1,804
i 2, 045
240
328
i 290
1395
240
304
i 185
1310
224
360
284
336
1325
1350
356
376
304
340
1310
1345
264
304
312
344
i 355
i 300
2,363
19, 118
656
2,700
20, 972
722
2,023
18, 402
796
1,490
18, 083
763
2,307
20, 698
1,610
2, 273
21,383
1, 505
2,099
26, 343
1,042
1,117
28, 481
553
1,143
25, 470
483
1, 966
21, 159
779
2, 346
18, 040
982
2,223
19, 253
818
2,223
18, 760
571
944
1 412
1 396
1 233
1 307
1 340
1 374
1 055
1 280
652
561
498
761
914
743
730
723
755
Skirts.'
-do ._
r
Revised.
» Preliminary.
i Data cover a 5-week period.
§ Comprises sheathing, formboard, and laminated board.
\ Data for October and December 1958 and March, June and September 1959 cover 5-week periods arid for other months, 4 weeks.
ARevisions for January 1957-July 1958 are available upon request.
1 260
890
1,236
912
1,253
873
1 244
804
thous of doz
Work clothing:
Dungarees and waistband overalls
do
Shirts
_ _ _ _ _ _ _ do -__
Women's, misses', juniors' outerwear, cuttingsrA
Coats
thous. of units_.
Dressos
do
Suits
do -
SURVEY OF CURRENT BUSINESS
November 1959
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
-39
1959
January
February
March
April
May
June
July
August SeptemOctober
ber
TEXTILE PRODUCTS—Continued
COTTON
Cotton (exclusive of linters):
Production:
G innings §
thous. of running bales
Crop estimate, equivalent 500-lb. bales
thous of bales
Consumption!
__ do
Stocks in the United States, end of month,
total! _
do
Domestic cotton, total
do
On farms and in transit
do
Public storage and compresses
do
Consuming establishments _ __
do
Foreign cotton, total
do
Exports!
do
Imports
_
do
Prices (farm), American upland. _. cents per Ib
Prices, wholesale, middling 1", average 14 markets
cents per lb__
Cotton linters:
Consumption^-__thous. of bales..
71
Production d
do
Stocks, end of month cf
do
2,623
1
10,215
3
10.919 2 11,340
151
11,435
650
5833
673
5 727
087
700
18, 384
18 279
r
9, 658
r
7 256
r
1,365
r
104
17, 420
17, 319
5, 808
10, 205
1, 305
16, 453
16 361
3,114
11,861
1,386
15, 473
15 389
1,182
12, 706
1,501
14, 582
14 500
13,673
13, 597
12, 550
12, 479
11,610
11 547
10, 683
10 625
9,686
9 630
8,900
8 861
12, 275
1,526
11,541
1. 562
1 0, 342
1, 593
9, 513
1,553
8,738
1,453
7, 966
1,273
7 556
1, 085
102
212
23
181
12
34.5
33.3
34.7
'89
94
r
676
92
84
699
82
494
544
76
71
1,046
9»71«
4. 448
4
3 \\ ,512
5863
T
r
r
7,313
717
702
s 820
650
712
22, 587
22 482
14, 112
7 568
481
64
434
58
391
56
220
39
802
105
5
14 801
863
21,615
21 517
11, 111
9 706
700
98
298
1
222
1
211
2
284
3
245
3
249
4
236
2
129
1
32.4
30.3
28.2
28.2
30.1
31.3
31.8
31.5
34.1
33.3
'33.1
32.5
34.8
34.8
34.4
34.3
34.3
34.4
34.6
34.6
34.5
33.6
32.0
31.8
31.7
S104
217
90
175
5 107
162
101
162
101
131
6121
103
96
102
52
« 114
38
630
93
29
548
'109
46
5140
160
314
(6)
128
98
98
230
24
857
864
868
846
797
732
19, 269
17,611
19, 276
17,616
19, 283
17, 636
19, 272
17, 642
19, 265
17, 637
19, 555
17, 945
19, 238
17, 591
19, 266
1 7, 598
19, 166
17,501
19, 258
17, 613
19, 292
17, 652
9,180
459
8,389
5 10, 427
417
5 9, 453
9,352
468
8,552
9, 542
477
8,743
5 11, 706
468
10, 743
9,567
478
8,776
9, 592
480
8,781
511,382
455
5 10, 392
8,817
441
8,020
9,715
486
8,817
511,930
477
5 10, 946
.661
.931
.661
.931
.661
.931
.676
.946
.672
.946
.672
.934
.676
.936
.676
.936
p. 681
p. 938
41, 629
8,078
38, 729
15, 004
7 2, 329
38, 037
9,481
42, 490
9,102
34, 096
14,012
2,382
41, 704
13, 674
37, 986
12, 320
39, 908
16, 370
2,389
42, 902
16, 600
33, 052
18, 307
38, 203
17, 244
37, 081
20, 349
22.16
23.36
36.4
15.6
16.0
25.06
36.4
16.5
16.3
25.01
36.4
16.5
16.5
25.97
36.4
16.5
17.0
26.91
36.4
16.5
17.3
27.18
36.4
16.4
17.3
27.67
36.4
16.1
17.3
28.20
36.4
16.5
17.3
28.75
36.4
16 5
17.3
30.36
36.4
16.5
17.3
31.41
p 36. 4
p 16. 5
v 17.3
487.4
190.4
93.8
166.2
8 65.0
829.6
' 8 63. 1
' 8 30. 7
863.0
829.1
782
827
' 19, 244 19, 279
17, 641
17, 650
Spindle hours operated, all fibers, total
millions.. * 8, 941 5 11, 447
Average per working day
do
458
'447
Consuming 100 percent cotton
do
8,190 5 10, 496
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f.o.b. mill:
.661
20/2, carded, weaving..
dol. perlb..
.661
.933
.931
36/2, combed, knitting
do
465
392
COTTON MANUFACTURES
Spindle activity (cotton system spindles) :!
Active spindles, last working day, total
Consuming 100 percent cotton
thous
do
Cotton cloth:
Cotton broadwoven goods over 12 niches in width,
production quarterly! mil of linear yd
Exports
_
thous. of sq yd
Imports!
do
Prices, wholesale:
Mill margins
cents per Ib
Denim, white back, 28-inch, 8 oz/yd cents per yd
Print cloth 39-inch 68 x 72
do
Sheeting, class B, 40-inch, 48 x 44-48
do
2,099
39, 109
11, 406
22.24
36.4
15.4
15.8
15.4
15.8
. 666
.943
5
. 672
.946
MANMADE FIBERS AND MANUFACTURES
Fiber production, quarterly total 9
mil
Filament yarn (ravon and acetate) ._
Staple, incl. tow (rayon)
Noncellulosic (nylon acrylic protein etc )
of Ib
do
do
do
391.0
162.0
81.3
121 9
Exports: Yarns and monofilaments _ thous
Staple, tow, and tops
Imports* Yarns and monofilamentsj
Staple, tow, and tops!
-
oflb
do
do
do
4,078
2,562
3,750
1,986
3,565
2, 246
3,644
2,687
3,574
1, 935
4, 260
2,038
3,255
2,263
4,200
2,513
3,809
2,863
4,853
2,539
4,463
3,902
4,597
8,920
8,089
308
2,572
2,770
2,666
2,655
482
10, 190
7,818
9,289
10, 551
13, 517
9,030
12, 173
9,696
8, 700
12, 191
Stocks, producers', end of month:
Filament yarn (rayon and acetate)
Staple, incl. tow (ravon)
mil of Ib
do
60 6
48.3
59 2
45.1
55.6
42.3
51.7
44.7
50.4
47.7
48.1
50.9
45.3
49.3
43.8
49.5
43.9
45.4
43.9
42.9
46.2
45. 1
'44.5
r
51. 8
47.7
54.7
Prices, rayon (viscose) :
Yarn filament 150 denier
Staple 1 5 denier
dol per Ib
do
76
.31
76
.31
.76
.31
76
.31
.76
.31
.76
.31
.78
.31
.78
.32
.79
.32
.79
.33
.82
.33
.82
.33
p. 82
p. 33
Manmade-fiber broadwoven fabrics:
Production, quarterly total 9 ! thous. of linear yd
Ravon and acetate (excl tire fabric)
do
Nylon and chiefly nylon mixtures _
do
Exports, piece goods
264
458.1
175.0
96.1
154 3
444.2
167.4
97.7
147 2
587
175
584, 192
416, 385
73, 149
285
182
443
459
409
522
550
618, 318
407, 961
84, 429
618, 820
414, 501
79, 329
? 625, 203
431 335
i 77, 422
7
739
_thous. of sq. y d _ _
11,870
15,914
12, 238
11, 742
12, 794
10, 941
13, 677
13, 924
14, 210
14, 135
11,665
13, 775
16, 023
thous. of lb__
dol. per lb_.
thous of linear yd
259
4.20
4,947
522
3.72
848
3.68
993
3.62
? 6, 645
569
3.61
574
3.88
502
4.03
5,846
248
4.11
954
4.11
627
4.13
6.449
317
4.09
736
4.12
1,097
^4.09
Wool consumption, mill (clean basis):!!
Apparel class
thous. of lb__
Carpet class
do
18. 077
11,655
5 21, 173
« 14, 258
17,313
12, 477
5 20, 055
5 14, 489
19, 809
14, 458
20, 265
14, 583
5
25, 415
5 16, 135
23, 069
13, 941
22, 699
12, 928
s 27, 020
5 14, 148
20, 892
9,776
21, 682
13,612
5 25, 547
5 15, 558
Wool imports, clean content!
Apparel class (dutiable), clean content!
14, 834
5,032
23, 833
5,206
21, 221
7,811
25, 626
10, 568
31,076
11,006
25,317
11, 230
35, 173
13, 167
31,218
11,028
29, 316
11,270
26, 079
7, 801
20, 569
7,191
SILK
Imports, raw
Price, raw, AA, 20-22 denier
Production, fabric qtrly total!
WOOL
do
do
' 18, 837 25, 212
7,742
7,367
r
Revised.
P Preliminary.
* Ginnings to December 13. 2 Ginnings to January 16. 3 Total ginnings of 1958 crop. 4 November 1 estimate of 1959 crop.
« Data cover a 5-week
period.
6 Less than 500 bales.
? Data cover 14 weeks; other periods, 13 weeks. 8 Data are for month shown.
§ Total ginnings to end of month indicated, except as noted.
!Data for October and December 1958 and March, June, and September 1959 cover 5-week periods and for other months, 4 weeks; cotton stocks and number of active spindles are for
end of period covered.
cf Data beginning October 1958 for production of linters and for that part of stocks "at oil mills" are in thousands of equivalent 600-pound bales (earlier data in thousands of running bales).
October 1958 figures comparable with data shown through September (thous. of bales): Production, 208; total stocks, 777.
9 Includes data not shown separately.
! Scattered revisions for January 1957-July 1958 are available upon request.
SURVEY OF CURRENT BUSINESS
S-40
1958
Unless otherwise stated, statistics through 1958 and
descriptive notes are shown in the 1959 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
November
1959
January
February
March
April
May
June
August Septem- October
ber
July
TEXTILE PRODUCTS—Continued
WOOL AND MANUFACTURES
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
_dol. perlb_.
Graded fleece, 3/8 blood
do
Australian, 64s, 70s, good topmaking, in bond.._do
Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,
wholesale price
- - -1947-49 = 100_.
Woolen and worsted woven goods, except woven felts:
Production, quarterly total
thous. of lin. yd_.
A.pparel fabrics total
do
Other than Government orders, total
do _ _
Mien's and boys'
do
\Vomen's and children's
do
Prices, wholesale, suiting, f.o.b. mill:
Flannel men's and boy's
1947-49=100
Gabardine women's and children's
do -
1.125
.875
1.175
1.125
.843
1.075
1.125
.849
1.025
93.5
91.0
88.5
1.088
.908
1.025
1.075
.870
.975
90.5
90.5
89.3
66, 291
63, 708
62, 225
26, 809
35, 416
69, 174
66, 897
65, 089
23, 142
41, 947
106.7
90.8
1.125
.915
1.025
106.7
89.1
104.5
89.1
104.5
89.1
1.075
. 860
.975
1.165
.962
1.035
1.225
1.025
1.075
90.5
94.8
99.8
72, 466
70, 377
69. 413
33, 159
36. 254
104.5
89.1
105.6
90.8
103.7
90.8
1.225
1.025
1.075
1.285
1.085
1.115
1.325
1. 115
1.125
1. 305
1.098
1. 135
102.2
102.2
106.0
107.2
105.4
92.4
105.4
92.4
108 1
92.4
1.275
1 072
1,125
83, 586
81, 542
81, 224
35, 929
45, 295
105.4
90.8
103.7
90.8
105.4
90.8
TRANSPORTATION EQUIPMENT
AIRCRAFT
Manufacturers of complete types:
Aircraft, engines, propellers, parts, etc.:
Orders new (net) quarterly total
mil. of dol
Sales (net) quarterly total
do
Backlog of orders total end of quarter
do
For U S military customers
do
Civilian aircraft:
Shipments
thous. of dol
Air frame weight
thous. of lb__
Exports (commercial and civilian)
thous of dol
2,112
2 799
13, 035
7,130
2,974
2,947
13, 171
6,933
2,092
2,558
12, 705
6,575
3,006
2,824
12, 887
6,364
24, 401
855.2
13, 279
49, 328
1, 545. 6
8,064
34, 881
1, 107. 1
9,767
37, 672
1, 258. 9
9,951
34, 014
49, 805
49, 590
1, 452. 8 1, 440. 0 1, 185. 7
4,168
12,991
4,213
68, 142
1, 849. 5
8,576
81, 212
2, 091. 8
2,778
65, 098
1, 804. 7
5,162
88, 444
2, 160. 0
20, 467
95, 280
2, 286. 9
14, 414
75, 950
1, 772. 1
13, 897
__number__ 149, 256
216
do
212
-- do
102, 687
do
98,
009
do
46, 353
do
do _ _ _ 34, 232
342, 324
149
149
272, 241
263, 491
69, 934
55, 865
605, 334
167
124
511,885
497, 218
93, 282
79, 618
709, 078
208
165
608, 730
594, 188
100, 140
82, 688
635, 664
169
112
539, 451
527, 588
96, 044
81, 599
577, 093
143
141
476, 977
466, 564
99, 973
83, 775
686, 612
245
200
575, 012
563, 849
111,355
93, 060
702, 952
253
251
585, 789
575, 268
116,910
98, 906
660, 278
282
235
545, 001
535, 195
114, 995
95, 561
674, 689
267
242
554, 878
545, 660
119, 544
100, 462
663, 444
233
209
548, 524
541, 458
114,687
92, 186
316,060
82
58
255, 831
252,
556
r
60, 147
r
47, 959
309, 117 *2 601, 500
134
P2270
134
229, 410 p2 508, 400
220, 621
79, 573 P292, 900
64, 568
15, 267
7,425
7,842
36 170
34, 592
14, 755
6,546
8,209
42, 256
41, 245
18, 873
11,333
7,540
38 916
37, 569
35, 641
15, 458
20, 183
54 824
53, 218
24, 248
11, 520
12, 728
55, 728
54, 075
21,319
10, 700
10,619
50, 916
49, 167
31,452
10, 758
20, 694
58, 207
56, 474
26, 586
11,971
14,615
60, 567
57, 898
26, 211
10, 746
15, 465
69, 019
66, 765
27, 078
8,497
18, 581
64, 832
62, 860
22, 154
7,467
14, 687
68, 647
66, 516
16, 929
5, 160
11, 769
50, 181
49, 120
16, 860
6,359
10, 501
55, 221
53, 331
do
do
do
4 426
2,393
339
4 807
2,825
260
4, 182
2,443
245
4 832
2,888
268
4,883
2,908
330
4,827
2, 684
435
5,503
2.916
558
6,218
3,271
417
6,141
3,227
280
6,617
3,863
289
5,826
3,439
243
5,539
3, 354
214
5, 995
3.772
298
do
do
317, 070
3 60 716
321, 285
3 56 234
334, 876
3 55, 222
511, 284
3 73 891
419, 512
61, 776
423, 793
64, 688
496, 717
77, 593
573, 777
91 , 805
582, 266
86, 566
584, 816
86, 914
564, 985
88, 949
532, 279
88, 137
457, 285
78, 784
2,296
1, 153
1,055
1,143
1,670
1,628
1,543
42
25, 524
5,221
4,679
20, 303
1,811
759
606
1,052
666
606
606
60
24, 059
4,648
4,259
19, 411
2,256
1,319
905
937
6,525
4,628
4,398
1,897
28, 167
7,996
7,791
20, 171
2, 763
1,584
1,442
1,179
3,706
2,004
2,004
1,702
27, 659
8,467
8,404
19, 192
1,972
1,014
982
958
4,328
1,390
1,069
2,938
29, 822
8,800
8,448
21,022
2, 506
1,677
1,657
829
1,922
1,411
1,292
511
29, 240
8,536
8,085
20, 704
2,808
1,777
1,766
1,031
10, 792
7,367
7, 367
3,425
35, 927
14, 129
13, 689
21, 798
3,741
2,334
2,334
1,407
3,777
3,240
3,199
537
35, 969
15, 041
14, 551
20, 928
3, 468
2,373
2,263
1,095
5,203
3,415
3,415
1,788
37, 249
16, 128
15, 748
21, 121
4,219
3,196
2,927
1,023
8,044
7,228
7,228
816
41, 084
20, 170
20, 059
20, 914
4,334
3, 197
3,136
1,137
4,159
2,519
2,519
1,640
40, 359
19, 442
19, 392
20, 917
4,890
3,629
3,629
1,261
1,753
1,753
1,753
0
37. 202
17, 546
17, 516
19, 656
2,491
1,491
1,481
1,000
'943
'941
••941
2
35, 646
16, 988
16, 968
18, 658
2,147
1,305
1,305
842
2.722
2,722
2,722
0
36, 219
18. 403
18, 383
17,816
3
3
52
46
10
10
43
37
4
4
44
38
8
2
36
36
0
0
36
36
0
0
72
72
0
0
132
132
0
0
132
132
0
0
132
132
0
0
157
157
0
0
157
157
4
4
153
153
5
5
198
198
11
11
187
187
1 737
8 4
1 733
8 2
1 729
8 4
1 726
8 6
1 724
8 9
1 722
9.2
1,717
8.8
1,707
8.3
1,703
8.1
1,702
7.9
1,701
8.1
1,702
8.4
1,695
8.5
MOTOR VEHICLES
Factory sales, total
Coaches total
Domestic
Passenger cars total
Domestic
Trucks total
Domestic
-
Exports total
Passenger cars (new and used)
Trucks and buses
Imports (cars trucks buses) totaled
Passenger cars (new and used) cf
Production, truck trailers: A
Complete trailers total
Vans
Trailer chassis produced for sale separately
Registrations: O
Vew passenger cars
New commercial cars
do _
do
do
do
do
r
RAILROAD EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipmer ts total
number
Equipment manufacturers, total
do
Domestic
do
Railroad and private-line shops, domestic. _ do
New orders total J
do _
Equipment manufacturers, total
do
Domestic
do
Railroad and private-line shops, domestic. _do
Unfilled orders, end of month, total
do
Equipment manufacturers total
do
Domestic
do
Railroad and private-line shops, domestic-_do
Passenger cars (equipment manufacturers)
Shipments total
do _
Domestic
do
Unfilled orders end of month total
do
Domestic
do
Association of American Railroads:
Freight cars (class !):§
Number owned or leased end of month
thous
Held for repairs percent of total owned
Locomotives (class I) :
Diesel-electric and electric:
Owned or le'is^d end of mo No of power units
T T t- n fl ''
T fill r\ t\
(
f\ f
\
th
^f"lv" total "do
do
Exports of locomotives, total (railroad-service and indu^trial types)
number
r
28 181
26 729
27
403
80
95
62
Revised.
* Preliminary.
1 Data cover 14 weeks; for other periods, 13 weeks.
cTData cover complete units, chassis, and bodies.
ARevisions for 1957 are available upon request.
OData beginning January 1959 include new registrations in Alaska.
^Scattered revisions back'to 1955 are available upon request.
§ Excludes railroad-owned private refrigerator cars.
96
2
59
33
42
Preliminary estimate of production.
2S. 706
27,019
206
229
28, 615
27,211
298
413
28, 395
26 822
204
589
28 303
26 838
96
561
26
3
19
13
29
8
15
Excludes registrations for Oregon; data to be revised later.
INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40
Pages mlarked S
Sections, by general subject:
General business indicators.
1-5
Commodity prices
6, 7
Construction and real estate
7, 8
Domestic trade
9-11
Employment and population
11-15
Finance
16-20
International transactions of the U.S
21, 22
Transportation and communications
23, 24
24, 25
Chemicals and allied products . _.
Electric power and gas
25, 26
26-30
Food and kindred products; tobacco
30,31
Leather and products
31
Lumber and manufactures
32-34
Metals and manufactures
Petroleum, coal, and products.
35, 36
Pulp, paper, and printing
36,37
37
Rubber and rubber products
38
Stone, clay, and glass products
38-40
Textile products
40
Transportation equipment
Advertising
9
Agricultural employment
11
Agricultural loans and foreign trade
16, 21, 22
Aircraft and parts
2, 12, 13, 14, 40
Airline operations
23
Alcohol, denatured and ethyl
24
Alcoholic beverages
3, 7, 9, 26
Aluminum
33
Apparel
3, 6, 7, 9, 10, 12, 13, 14, 15, 38
Asphalt and asphalt and tar products
35, 36
Automobiles
2, 3, 9, 12, 13, 14, 15, 17, 22, 40
Bakery products
3, 12, 13, 14
Balance of payments
21
Banking
14, 16
Barley
27
Barrels and drums
32
Battery shipments
34
Beef and veaL
28
Beverages
3, 4, 7, 9, 12, 13, 14, 15, 26
Blast furnaces, steel works, etc
12, 13, 14
Blowers and fans
34
Bonds, outstanding, issued, prices, sales,
yields
17, 19, 20
Book publication
37
Brass and bronze
_
33
Brick
.
38
Brokers' loans and balances
16, 19
Building and construction materials
8, 9, 10, 36
Building costs
8
Business incorporations (new), failures
5
Business sales and inventories
4
Butter
27
Cans (metal), closures, crowns
32
Carloadings
23
Cattle and calves
28
Cement and concrete products
7,8, 38
Cereal and bakery products
6, 12,13, 14
Chain-store sales, firms with 4 or more and 11
or more stores
10
Cheese
27
Chemicals
3, 4, 5, 6, 12, 13, 14, 15, 19, 22, 24
Cigarettes and cigars
7, 30
Civilian employees, Federal
12
Clay products
7, 38
Coal
3, 4, 6, 11, 13, 14, 15, 22, 23, 35
Cocoa..
._ 22, 28
Coffee-,
22, 29
Coke
23,35
Communications
12, 13, 14, 15, 19, 20, 24
Confectionery, sales
29
Construction:
Contract awards
8
Costs
8
Dwelling units
7, 8
Employment, hours, earnings, wage rates___
12,
13, 14, 15
Highways and roads
7, 8, 15
New construction, dollar value
1, 7
Consumer credit
17
Consumer durables output, index
3
Consumer expenditures
1,9
Consumer price index
6
Copper
22,33
Corn
27
Cost of living (see Consumer price index)
6
Cotton, raw and manufactures
3, 6, 7, 22, 39
Cottonseed, cake and meal, oil
30
Credit, short- and intermediate-term
17
Crops
2, 6, 27, 30, 39
Crude oil and natural gas
3, 11, 13, 14, 15, 35
Currency in circulation
18
Dairy products
Debits, bank
Debt, U.S. Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
Dividend payments, rates, and yields
Drug-store sales
Dwelling units, new
2, 6, 26
16
17
10, 11, 17
16, 18
15
27
2, 19, 20
10
7, 8
Earnings, weekly and hourly
14, 15
Eating and drinking places. .
10
Eggs and poultry
2, 6, 28
Electric power
6, 26
Electrical machinery and equipment
2,
3, 4, 5, 7, 12, 13, 14, 19, 22, 34
Employment estimates and indexes
11,12
Employment Service activities
15
Digitized Engineering
for FRASER
construction
8
Pages marked S
Expenditures, U.S. Government, 17
Explosives _
25
Exports (see also individual commodities),.
21, 22
Express operations
,
23
Failures, industrial and commercial _ „ _
5
Farm income, marketings, and prices
1» 2, 6
Farm wages
_
15
Fats and oils, greases
_ 6, 29, 30
Federal Government
finance
17
Federal Reserve banks, condition of
16
Federal Reserve reporting member banks, „ _
16
Fertilizers.
_„.._____.
„
6, 25
Fire losses
. __ , ,
8
Fish oils and
fish
29
Flaxseed
...
.
30
Flooring, hardwood
31
Flour, wheat
__„..„
.
28
Food products
3, 4,
5, 6, 9, 10, 12, 13, 14, 15, 18, 22, 27, 28, 29, 30
Foreclosures, real estate-..-..
8
Foreign trade
21, 22
Foundry equipment
34
Freight carloadings
23
Freight cars (equipment)
40
Fruits and vegetables
6, 22, 27
Fuel oil
.
..
_._ 35, 36
Fuels
__
__
. . . 6,35,36
Furnaces
_
34
Furniture
.
2, 3, 4, 6, 9, 10, 12, 13, 14, 17
Furs
....
.
__,.-__
22
Gas, prices, customers, sales, revenues
6, 26, 27
Gasoline
9,35,36
Glass and products
.
38
Generators and motors
^, - -, _ • 34
Glycerin
___ .
.
24
Gold
_.,..
18, 21
Grains and products
6, 22, 23, 27, 28
Grocery stores
„ „,
___„_-,
10
Gross national product
1
Gross private domestic investment1
Gypsum and products
_,._.„
7, 38
Hardware stores. „
. _.„
9, 10
Heating apparatus
_ ~.
7, 34
Hides and skins
.
. 7, 22, 30
Highways and roads 7, 8, 15
Hogs
28
Home Loan banks, loans outstanding
8
Home mortgages
8
Hosiery
„
.
_..
„
38
Hotels
.
12, 13, 14, 15, 24
Hours of work per week_.___. „.„
13
Housefurnishings
,_
__,
6, 9, 10
Household appliances and radios„
3, 6, 9, 10, 34
Imports (see also individual commodities),..- 21, 22
Income, personal
1
Income and employment tax receipts „........
17
Industrial production indexes
2,3
Installment credit
17
Installment sales, department stores
.
11
Instruments and related products _ _ _ 2, 3, 12, 13, 14
Insulating materials.
34
Insurance, life
.
„
17. 18
Interest and money rates
16
Inventories, manufacturers' and trade , _ _ 4, 10, 11
Iron and steel, crude and manufactures
2,
4, 5, 7, 8, 12, 14, 19, 22, 32, 33
Kerosene _„._„.,.
....
35, 36
15
Labor disputes, turnover11
Labor force
28
Lamb and mutton .
28
Lard
33
Lead
Leather and products
3, 7, 12, 13, 14, 15, 30,31
30
Linseed oil
—
Livestock
2, 6, 23, 28
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
8, 16, 17, 19
40
Locomotives
.
35,36
Lubricants
„
Lumber and products
2,
3, 4, 5, 7, 8, 9, 10, 12, 13, 14, 18, 31
34
Machine tools. _ .
Machinery
2, 3, 4, 5, 7, 12, 13, 14, 19, 22, 34
Mail-order sales, catalog
10
Manmade fibers and manufactures
,
7, 39
Manufacturers' sales, inventories, orders
4, 5
Manufacturing employment, production workers, payrolls, hours, earnings
11, 12, 13, 14, 15
2, 3
Manufacturing production indexes
29
Margarine
Meats and meat packing-____, 2, 3, 6, 12, 13, 14, 28
6
Medical and personal care
Metals
2, 3, 4, 5, 7, 11, 12, 13, 14, 15, 19, 32,33
27
Milk
Mining and minerals., 2, 3, 11, 12, 13, 14, 15, 19, 20
18
Monetary statistics.
18
Money supply.
Mortgage loans...
8, 16, 18
23
Motor carriers
Motor vehicles- 4, 5, 7, 9, 10, 12, 13, 14, 15, 19, 40
34
Motors, electrical
1
National income and product
24
National parks, visits
1, 17
National security expenditures..
22, 37
Newsprint
New York Stock Exchange, selected data
19, 20
Nonferrous metals.--.
2,7, 19, 22, 33
17
Noninstallment credit.
,
„
Oats
..._......_.....
,„__
27
Oil burners
34
Oils and fats, greases.
6, 29, 30
Orders, new and unfilled, manufacturers'.
5
Ordnance. _ . _ _ _
12, 13, 14
Pages marked S
Paint and paint materials,,
6, 25
Panama Canal traffic
23
Paper and products and pulp
;
3,
4, 5, 7, 12, 13, 14, 15, 18, 22, 36, 37
Parity ratio. •
6
Passports issued. .-„ _ ,
24
Payrolls, indexes
13
Personal consumption expenditures.
. 1,9
Personal income
1,2
Personal saving and disposable income
1
Petroleum and products
3,
4, 5, 6, 12, 13, 14, 15, 19, 22, 35, 36
Pig iron......
...
32
Plant and equipment expenditures
2,19
Plastics and resin materials.
25
Plywood, hardwood
31
Population
.
_
11
Pork
28
Postal savings.
16
Poultry and eggs. _ .
2, 6, 28
Prices (see also individual commodities):
Consumer price index
6
Received and paid by farmers
6
Wholesale price indexes
_ _
6
Printing and publishing_ 3, 12, 13, 14, 15, 37
Profits, .corporate'.-__._.
1, 18, 19
Public utilities
2, 6, 7, 12, 13, 14, 15, 19, 20, 26
Pullman Company
24
Pulp and pulpwood
36
Pumps ._ _
34
Purchasing power of the dollar
7
Radiators and cpnvectors.... 34
Radio and television
.
3, 6, 9, 34
Railroads
2, 12, 15, 19, 20, 23, 40
Railways (local) and bus lines
12, 13, 14, 15, 23
Rayon and acetate
39
Real estate
8, 16
Receipts, U.S. Government
17
Recreation
6
Refrigeration appliances, output
34
Rents (housing)
6, 9
Retail trade, all retail stores, firms with 4 or
more and 11 or more stores, general merchandise, department stores. 4, 5, 9,10,11,13,14,15,17
Rice
27
Roofing and siding, asphalt
36
Rubber and products. 3, 4, 5, 7, 12, 13, 14, 15, 22, 37
Rye
...
_.
__ 27
Saving, personal _ „ _ „
,.
1
Savings deposits.™,
.
16
Securities issued. „
,_
__
19
Services....
1, 9, 12, 13, 14
Sheep and lambs
28
Ship and boat building
. 12, 13, 14
Shoes and other footwear
7, 9, 10, 31
Silk, prices, imports, production.__
7, 39
Silver
18
Soybeans and soybean oil
30
Spindle activity, cotton
39
Steel ingots and steel manufactures (see also
Iron and steel)..
2, 32, 33
Steel scrap
32
Stocks, department stores
.
11
Stocks, dividends, prices, yields, earnings,
sales, listings
20
Stone, clay, and glass products
2,
3, 4, 5, 12, 13, 14, 19, 38
Stoves and ranges
34
Sugar.,.._
,
_
22, 29
Sulfur
25
Sulfuric acid-__™
.
24
Superphosphate. ..
.
25
Tea imports
29
Telephone, telegraph, cable, and radio-telegraph carriers
12, 13, 14, 15, 20, 24
Television and radio
3, 6, 9, 34
Textiles and products
3,
4, 5, 7, 12, 13, 14, 15, 18, 22, 38, 39, 40
Tin
22, 33
Tires and inner tubes
7, 9, 10, 37
Tobacco and manufactures
3,
4, 5, 6, 7, 8, 12, 13, 14, 15, 22, 30
Tools, machine. .
34
Tractors
22, 34
Trade, retail and wholesale
4,
5, 9, 10, 11, 12, 13, 14, 15, 17, 20
Transit lines, local
23
Transportation and transportation equipment- 2, 3,4, 5, 6, 9, 12,13,14, 15,19, 22, 23, 24, 40
Travel
24
Truck trailers
„
40
Trucks
.
2, 34, 40
Unemployment and compensation
11,15
U.S. Government bonds
16, 17, 19, 20
U.S. Government
finance
17
Utilities.....
. 2, 6, 7, 12, 13, 14, 15, 19, 20, 26
Vacuum cleaners
.
Variety stores
.
Vegetable oils
Vegetables and fruits
Vessels cleared in foreign trade
Veterans* benefits
34
10
29, 30
6, 22, 27
23
15, 17
Wages and salaries.
1, 2, 13, 14, 15
Washers
.
34
Water heaters
34
Wheat and wheatflour-.
27, 28
Wholesale price indexes.,. _.
6, 7
Wholesale trade
4, 5, 11, 12, 13, 14, 15
Wood pulp
36
Wool and wool manufactures
— 3, 6, 7, 22, 39, 40
Zinc.
33
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, fSOO
(QPO)
WASHINGTON 25, D.C.
OFFICIAL. BUSINESS
First-Class Mall
The Office of Business Economics Announces
BUSINESS STATISTICS
1959 edition
-
[NOW AVAILABLE]
TWELFTH VOLUME in a series of statistical
supplements to the monthly Survey of Current Business,
the new 1959 biennial edition provides historical data for
each of some 2,600 economic indicators,
Monthly or quarterly data are shown from January 1955
through December 1958 and annual averages from 1958
back through 1929. Explanatory notes for each series
refer to the source of data, define the statistical units
employed, and indicate the method of compilation or derivation, the comparability of current and past figures, and
the adequacy of coverage.
-[PRICE, $2,25]Orders may be placed with the Superintendent of
Documents, U.S. Government Printing Office, Washington 25, D.C., or with any Field Office of the
U.S.
D E P A R T M E N T OF C O M M E R C E
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