Full text of Survey of Current Business : October 1949
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OCTOBER 1949
U. S. DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
DEPARTMENT OF COMMERCE
FIELD SERVICE
SURVEY
OF
CURRENT
BUSINESS
y^^%\
Vol. 29 ffi i j j [ f \ f l No. 10
' I
^-gSplgi
Albuquerque, N. Mex.
203 W. Gold Ave.
Memphis 3, Tenn.
229 Federal Bldg.
Atlanta 1, Ga.
50 Whitehall St. SWi
Miami 32, Fla.
36 NE. First St.
Baltimore 2, Md.
Milwaukee 1 , Wis.
1 0*1 SI Pair <5t-
m |
X^H^^
OCTOBER 1949
/^
PAGE
THE BUSINESS SITUATION . .
Second-Quarter Corporate Profits
Plant and Equipment Outlays
*
*
*
*
Boston 9, Mass.
2 India St*
Minneapolis 1, Minn.
2d Ave . S. at 4th St.
Bnffalo 3, N. Y.
117 Ellicott St*
Mobile, Ala.
109-13 St. Joseph St.
Butte, Mont.
14 W. Granite St*
New Orleans 12, La.
333 St. Charles Ave.
Charleston 3, S. C.
18 Broad St*
New York
™TT!^ ™
304 Federal Office Bldg*
Ch
lT/M\A
332S.M1chlganAr.i
Cincinnati 2, Ohio
105 W. Fourth Sti
Cleveland 14, Ohio
925 Euclid Ave*
6
*
NEW OR REVISED STATISTICAL SERIES
Revision of Business Sales and Inventories
*
1
4
5
*
SPECIAL ARTICLE
Public and Private Debt in 1948 .
*
.
.
. * . .
Dallas 2, Tex.
1114 Commerce St*
Denver 2, Colo.
828 Seventeenth St*
12
*
MONTHLY BUSINESS STATISTICS . . . . S-l to S-40
Statistical Index
Inside Back Cover
Detroit 26, Mich.
230 W. Fort Sti
El Paso 7, Tex.
310 San Francisco St;
Hartford 1, Conn.
135 High St*
Houston 14, Tex.
602 Federal Office Bldg.
Jacksonville 1 Fla.
311 W. Monroe St*
Published by the Department of Commerce, C H A R L E S SAWYER,
Secretary. Office of Business Economics, M. JOSEPH ME EH AN,
Director. Subscription price, including meekly statistical supplement, $3 a
year; Foreign $4. Single copy 25 cents. Send remittances to any Department of Commerce Field Office or to the Superintendent of Documents,
United States Government Printing Office, Washington 25, D. C. Special
subscription arrangements, including changes of address, should be made
directly with the Superintendent of Documents. Make checks payable to
Treasurer of the United States.
Contents are not copyrighted and may be freely reprinted.
^171? W;a«n,w»c>*.. A*r<k
Kansas City 6, Mo.
911 Walnut St,
4, N. Y.
42 Broadway
Oklahoma City 2, Okla.
1Q2 Nw Third ^
Omaha2,Nebr.
1319 Farnam St.
P^adelphia 2, Pa.
42 S. Fifteenth St.
Phoenix 8, Ariz.
234 N. Central Ave*
Pittsburgh 19, Pa.
700 Grant St.
Portland 4, Oreg.
520 SW. Morrison St.
Providence 3 R I
24 Weybossett St.
Reno, Nev.
118 W. Second St.
Richmond 19, Va.
801 E. Broad St.
.
bt LomB
*
*' Mo'
1114 Market St
Salt Lake City 1, Utah
350 S. Main St.
San
Francisco 11, Calif.
555 Battery St.
Los Angeles 12, Calif.
312 North Spring St.
Savannah, Ga.
125-29 Bull St.
Louisville 2, Ky.
631 Federal Bldg.
Seattle 4, Wash.
909 First Ave.
For local telephone listing, consult section
devoted to U. S. Government
wmaw///////^^^^^^
OCTOBER 1949
IRETAIL TRADE
i
A
BILLIONS OF DOLLARS
i
ALL RETAIL STORES
J The stability
I of total retail
^^-/^r^*^/V
^^V ** VX
J trade since
TOTAL
J January is due - ^^/^
1
P to the continued /s ^
p strength of
J sales in
p durable goods
^——'"^ "*\
^^*^«.
J stores
J
p
J
p
%
^^
8
I
1
X
DURABLE GOODS STORES
DURABLE GOODS STORES
1
i
..•
><.••*••***
>iz.z. ^r/y£/?
1 1 1 1 1 11 1 1 1 1 1 11 1 1 t 1 1 11 1 1 1 1 1 11 1 1 1 1 1 11 1 1 1 1 1
<W
^
1
1
1
I
•1
1
'
^ FOOD GROUP
0
5
-
r
•1
6
Sales in non- NONDURABLE GOODS STORES
durable goods
stores, except
^|(^^-x«s--111^
for the food
_S*^*~'^^
^^>^XX.
^X-.
group, declined. ^x^ X^£ ^,/f/p
!
:
i
AUTOMOTIVE GROUP
_
\
•
By the Office of Business Economics
jCONOMIC activity moved forward in September with
a better than average seasonal performance. In general, the
change was not marked except that business purchasing was
more in line with current levels of consumption and investment use of products than was true in the spring and early
summer months. The result of the shift for the third quarter
was to produce an over-all stability in economic activity, in
contrast to the moderate downward trend in the first half of
the year.
Industrial production has moved up from the mid-summer
low, though coal output was cut by the work stoppage which
began on September 19, and further reductions in total output were in the offing as the result of the stoppage in steel
which began on October 1. Employment was seasonally
lower during September with the return of students to school
and the lag in harvesting operations in many agricultural
areas, but unemployment declined to 3.4 million, the lowest
figure since May.
Construction activity, particularly residential, continued
to be a strong spot. The value of building put in place in
September exceeded $1.9 billion, slightly more than in August
and about the same as in the corresponding month of last
year. Department store sales advanced with the showing of
fall merchandise.
Demand maintained
Most other economic indicators supported the dominant
note of stability or modest improvement in the late summer
and early fall. Wholesale prices edged slightly upward—
though prices of some imported commodities were lower at
the end of September, following the devaluation of foreign
currencies. Manufacturers7 new orders in August were at
about the same level as in June and the volume of sales
moved to higher levels.
Since early spring there has been little change in personal
incomes—at $211.5 billion, on a seasonally adjusted annual
basis in August—or in retail sales, as depicted in the chart
on the left. A cross-current in the economic situation was
the weakening demand for capital goods, described in the
section below on plant and equipment expenditures.
Total industrial production gains
f. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
49-324
%>.
857500—49
SITUATION
1
..•-. ..••••••••—. ...••—••••*
....—••• V
1**
w.
p
^
^
p
p
^
1
1
1
1
i i i i i 1 i i iI i 1i ti i i1 iit i i 1i iiii i i iiii
reflecting.
higher
automobile
sales.
THE
^
10
1
\i
i
1
NONDURABLE GOODS STORES
x.—.-—1
^
1
The rise in industrial production in September reflected
further gains in output of basic industries such as steel,
automobiles, lumber, textiles, paperboard, and crude pe-
SUEVEY OF CURRENT BUSINESS
troleum. In general, the rate of output in September was
higher than in any month since May though still below the
peak reached in the autumn of last year.
For most industries the advance from the July low point
was somewhat more than seasonal. The automobile industry continued to operate at a record rate in September, turning out over 600,000 cars and trucks for the second consecutive month, despite fewer working days. Sales of copper
expanded further, although at a much smaller rate than in
August, and output of lumber rose more than seasonally.
However, deliveries of freight cars to railroads continued
their downward trend in line with the substantial reduction
in order on the books of car builders which are now only
about one-fifth as large as at the beginning of the year.
Similar production gains were reported for many of the
nondurable-goods industries following the midsummer vacation shut-downs. Reflecting the sharp upturn in new orders
which have been running at a record rate since July, output
of paperboard in September on a daily average basis reached
a new postwar peak. Gasoline refinery operations were
maintained close to the earlier highs. There was a substantial increase in rayon deliveries to a level above the previous
postwar peak and some rise in cotton consumption.
Effect.of
October 1949
than in August of 1948. Otherwise, the changes were small;
jewelry stores and men's and women's apparel were both
lower than in July on an adjusted basis and sales in food and
jewelry stores were higher. There was an increase of 6 percent in building materials from July and a modest decline for
hardware stores. The total volume of retail sales in August
on the basis of the revised series of retail sales appearing in
this month's issue was $128 billion on a seasonally adjusted
annual basis—3 percent below August of last year which was
the postwar peak.
Wholesale markets stabilize
The rise in wholesale prices from August to September,
though not large, carried forward the general stabilization of
markets which developed in early summer, following the
steady decline from the autumn of last year. Industrial
Chart 2.—Weekly Wholesale and Spot Market Prices
INDEX, 1926 =100
160
WHOLESALE PRICES
INDEX, AUG. 1939 = 100
I 260
SPOT MARKET PRICES
(26 COMMODITIES)
ALL COMMODITIES
work stoppages on output
Steel output, as a result of the work stoppage, dropped
from about 85 percent of rated capacity in late September to
close to 8 percent in the first 2 weeks of October. Production of bituminous coal had dropped to 2 million tons per
week in the last 2 weeks of September, compared with the
rate of 8 million tons previously prevailing under the 3-day
workweek and 11 million tons in the period prior to July 9
under the normal workweek. In anthracite mines, where
output had also been cut, full operations were resumed on
October 3 and the strike was lifted also for bituminous mines
located west of the Mississippi River.
Neither the work stoppage in coal nor the one in steel in
early October had immediate effects on consuming industries,
though of course there were some exceptions to this general
rule among individual firms. Stocks of coal reported to the
Bureau of Mines on September 1 ranged from a 49 days'
supply for the railroads to 117 days' supply for electric
power utilities. Stocks of steel in metal fabricating plants
on the eve of the strike, industry reports suggest, were on
the average well in excess of a 30 days' supply.
COMMODITIES OTHER
THAN FARM AND FOODS
240
140
I I I I
I I I
CENTS
PER POUND
25
I I I I
DOLLARS
PER POUND
CENTS
120
ii.io
COCOA BEANS
(LEFT SCALE)
20
Sales and incomes rise
The rise in production since July was supported in most
lines by a pick-up in manufacturers' sales and new orders.
The dollar value of manufacturers' sales in August totalled
$18.7 billion, seasonally adjusted, a gain of $1.6 billion from
the previous month, while new orders rose by 10 percent.
The further reduction of nearly $700 million in manufacturers' inventories after seasonal adjustment was accompanied during the month by a slight increase in stocks of
retailers and wholesalers, suggesting some relaxation in the
cautious purchasing previously characteristic at these levels
of distribution.
Underlying the slowly expanding volume of demand at the
manufacturers' level was the generally sustained volume of
personal incomes and consumer expenditures. Reversing
the dip in July, personal incomes rose by $1.8 billion at a
seasonally adjusted annual rate in August and remained
within 2 percent of the level of the corresponding month of
last year. Retail sales also rose slightly in August and
changes by line of trade maintained about the same pattern
characteristic of earlier months.
The principal advance was again in the sale of new
automobiles, with vehicle dealers grossing one-fourth more
250
150
15
—
TIN
(RIGHT SCALE)
I
I I I
I I
J_
2 9 16 23 30 6 13 20 27 4 I I
AUG.
SEPT. OCT.
-*
1.00
15
.90
1 I I
I 1 t I
I 10
2 9 16 23 30 6 13 20 27 4 11
AUG.
SEPT OCT.
WEEKLY AVERAGES-!/
£/. S. DEPARTMENT OF COMMERCE, OFFICE OF 'BUSINESS ECONOMICS
»~
49-328
1
Average prices for weeks ending Tuesday.
Source of data: U. S. Department of Labor, Bureau of Labor Statistics.
prices were generally firm or rising with print cloth and steel
scrap in particular registering large advances. Agricultural
prices also moved upward, though in the latter half of the
month the onset of the heavy marketing season brought
lower prices for livestock. The price of cotton was another
exception. It declined moderately throughout the month
reflecting the lower Government support price effective for
the crop marketed this fall, the heavy supplies available, and
the initial downward pressure, common to many internationally traded commodities, exerted by the widespread devaluation of foreign currencies announced in the latter part of the
month.
SURVEY OF CURRENT BUSINESS
October 1949
Small effect of devaluation on price level
The immediate effect of the devaluation upon the domestic
price level was slight since the immediate impact affected in
the main some of the internationally traded raw materials.
Domestic demand remained dominant for the great majority
of the products sold in American markets and wholesale
prices for all commodities other than farm products and foods
continued upward through most of the month, as depicted
in chart 2. The over-all wholesale price index declined
slightly in the latter part of September because of the lower
livestock and meat prices already noted.
Nevertheless, for imported commodities—such as rubber,
tin, wool, sisal, and burlap—and also for some domestically
produced commodities for which export markets are important, there was a swift reaction, as chart 2 shows.
Table 1 presents details concerning the 28 countries which
devaluated their currencies in the 5 days between September
19 and September 23, and the four other countries which
followed in subsequent weeks.
Opportunity for world trade adjustment
The termination of the postwar inflationary pressures in
the United States during the second half of last year intensified the discrepancies in the economic development
between this and many foreign countries, particularly the
United Kingdom. These discrepancies are particularly
evident in the decline of domestic demand—mainly for
inventory accumulation—as compared with the continued
high demands abroad by business as well as by consumers and
government. These differences in the internal economic
conditions were bound to increase the imbalances in international transactions, after an apparent improvement in 1948
when the increase in foreign production was accompanied by
abnormally high demands here.
BILLIONS OF DOLLARS
1.4
TOTAL EXPORTS
INCLUDING REEXPORTS)
1.0
.8
—*"
GENERAL
^X.
IMPORTS
® JULY-AUG. AVERAGE
I
1946
1947
I
I
I
I
1948
Country
Par value, U. S.
cents per unit of
currency
Monetary unit
Old
Sterling Area:
United Kingdom *
Ireland
Iceland
_ _
South Africa
Iraq
India
Pound
._
} 403.00
Pound
15. 41
Krona _ _ __
Pound
403. 00
Dinar _ _
403. 00
Rupee.
.
_ _ Rupee _ _ _ _ _ - \ 30.23
Rupee
Dollar
__
47.02
Dollar
25.19
Pound
322. 40
_ Pound
403. 00
Burma
Cevlon
Straits Settlements
Hong Kong
Australia
New Zealand.
Dollar
Canada
Argentina: 2
Import .
Export
Uruguay: 3
Import
Export
_
Egypt
Israel:
Import
Export
Kingdom of Jordan
Thailand
_.
-_
280. 00
10.71
280. 00
280. 00
21.00
32.67
17.51
224. 00
280. 00
30.5
30.5
30.5
30.5
1949
Sept. 18
Sept. 20
Sept. 18
Sept. 20
fSept. 18
30.5 ISept. 19
[Sept. 20
30.5 Sept. 18
30.5 Sept. 18
30.5 Sept. 18
30.5 Sept. 19
100. 00
90.91
10.0
Sept. 19
26.80
25.12
18.62
17.46
30.5
30.5
Oct.
Oct.
Peso
Peso
Pound
52.63
65.83
413. 30
40.82
56.18
287. 16
22.4
14.7
30.5
Sept. 19
Pound
Pound
Pound
Baht
302. 00 } 280.00
403. 00
403. 00
280. 00
410.08
8.00
7.3
30.5 }sept. 18
30.5 Sept. 18
20.6 Sept. 27
Franc _ _,
Franc
Deutschesmark
Guilder
.3676 } .2857
.3022
2.28
2.00
30.00
23.81
26.32
37.70
22.3 Jsept. 23
5.5
12.3 Sept. 21
20.6 Sept. 29
30.2 Sept. 19
Krone _ _ _
Markka
Krone
Krone
20.84
.625
20.15
27.78
14.48
.4348
14.00
19.31
30.5
30.5
30.5
30,5
Sept. 18
Sept. 19
Sept. 20
Sept. 20
.1572
.0067
3.48
9.6
33.3
13.1
Sept. 26
Sept. 20
Sept. 22
Peso
Peso
Europe: 5
France:
Commercial
Free
Belgium-Luxembourg
Germany
Netherlands
New
Change
in par
Date
value, in effective
percent
Lira
...
Drachma
Escudo
_
_ ..
.1739
5.01
4.00
3
3
1
All local currencies of British Crown colonies, except British Honduras, have been devalued
by 30.5 percent.
2
These rates apply to specified commodity transactions. Other commercial rates have
been devalued to the same extent, except that the prior dollar-peso rate had been maintained
with respect to certain imports and to the export of some basic commodities. The "free"
market
rate, for non-trade transactions depreciated by approximately 46 percent.
3
Not official.
4
Average
of buying and selling rates known as middle ra,te.
5
These figures do not represent official exchange rates, but are quotations based wholly
or in part on current quotations for the dollar in a "free" market.
Source: Board of Governors of the Federal Reserve System.
The competitive position of foreign countries vis-a-vis
the United States has to some extent been restored. Whether
they can avail themselves of the improved competitive opportunities depends upon the ability of foreign countries to
increase actual deliveries. Over the long run the adjustments following devaluation provide the basis for facilitating
a high volume of international trade as well as for ameliorating the financial difficulties associated with the dollar
shortage abroad.
I
1949
— QUARTERLY AVERAGES —
U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
Source of data: U. S. Department of Commerce, Bureau of the Census.
Against this background the devaluations abroad appear
to be an attempt to facilitate adjustments in external transactions of foreign countries, which could not be as satisfactorily accomplished by means of government regulations
or through domestic deflationary policies. It is generally
recognized, however, that international payments can not
Table 1.—Recent Revisions in Exchange Rates
Denmark
Finland
Norway
Sweden
Italy s
Greece
Portugal
Chart 3.—United States Foreign Trade
.6
be brought into balance by monetary measures themselves,
but only if these measures are successful in either increasing
foreign production and exports or reducing consumption
and foreign imports. Thus the effects upon world trade and
upon the United States economy can not yet be fully
appraised.
Removal of trade restrictions
Recent developments have already pointed to some relaxation of import controls which may make competitive price
relationships more important in the direction of products to
market and in the allocation of resources in production.
Under the program for liberalizing trade of the Organization
for European Economic Cooperation, Italy and the Benelux
countries have announced the lifting of licensing and quotas
on important groups of imports from other Marshall Plan
countries. In addition they have submitted lists of other
SUKVEY OF CUE-RENT BUSINESS
groups of imports on which similar action would be taken in
exchange for comparable reciprocal reductions by other
countries. United Kingdom has also indicated that quota
restrictions on a long list of imports from other Marshall
Plan and commonwealth countries would be removed.
The continued role of the United States as a leader in
reducing trade barriers was assured by the action of Congress
October 1949
in renewing the reciprocal trade agreements act for another 2
ears, eliminating the "peril points" amendment enacted
ist year restricting the power of the President in negotiating
reciprocal trade agreements. Meanwhile the first of the
multilateral tariff reductions under the renewed authority
was completed at the Annecy Conference and was open for
signature on October 10 by the participating nations.
J
Second-Quarter Corporate Profits
C O R P O R A T E profits declined further in the second
quarter of this year, according to preliminary estimates of the
Department of Commerce. This was the third successive
quarterly decline from the third-quarter 1948 high.
On a before-tax basis, second quarter profits amounted to
$6.6 billion, 12 percent below the $7.5 billion earned in the
first quarter of the year and about one-fourth less than in
the second quarter of 1948. The first-to-second quarter profit
drop was associated with falling profit margins, as sales experienced only a fractional decline over the same period.
Adjustment of the profit estimates to take account of
seasonal variations reduces the first-to-second quarter decline
to 10 percent. On this basis, at annual rates, the decline in
profits before taxes was from $29.4 billion to $26.4 billion.
The relative movements of aggregate profits after taxes in
the recent period were similar to those of profits before taxes.
This similarity reflects the virtual stability of the over-all
effective tax rate, which in both 1948 and the first half of
this year was approximately 40 percent.
Profits earned in current production, computed by adding
to profits before taxes the inventory valuation adjustment—
the difference between "book" costs of goods sold and the
cost obtained by adjusting book costs to reflect the current,
or replacement, value of inventories used up in production—
fell much less than book profits. Inclusive of the inventory
valuation adjustment, profits before taxes at seasonally
adjusted annual rates were $33.0 billion in the second quarter
of 1948, $31.8 billion in the first quarter of 1949, and $31.1
billion in the second quarter of the current year.
The more favorable showing of profits including the inventory valuation adjustment is due to the fact that this measure
takes into account the effect of the recent downward movement of prices on the replacement cost of inventories. In
the computation of "book" profits, the predominant corporate practice is to value inventories used up in production
on an original cost ("first-in, first-out") basis, rather than
at current replacement prices.
Attention is again directed to the difficulties encountered
in the measurement of corporate profits and the inventory
valuation adjustment on a quarterly basis, as well as to the
problem of adjustment for seasonal variation. These limitations of the data should be considered in the interpretation
of quarter-to-quarter changes.
Table 2 presents, for the first and second quarters of this
year, preliminary estimates of corporate profits both before
!and after Federal and State income and excess profits taxes,
classified by broad industry groups.
All of these industrial groups except transportation sustained first-to-second quarter profit declines. In transportation both the railroad and non-railroad components advanced
considerably, even after allowance for the seasonal factor.
The decrease recorded for communications and public utilities
was entirely seasonal. Relative declines were largest in
manufacturing and mining. Trade, which is included in
"all other industries," also experienced a larger-than-average
rate of contraction.
Total manufacturing profits declined 17 percent from the
first to the second quarters ef the year. Declines were wide-
spread among the component industries, with the sharpest
relative declines recorded for textiles and apparel, and chemicals. Major exceptions to the declining pattern were the
automobile and food industries, in which profits advanced
markedly.
Aggregate profits before taxes in the second quarter were
one-fourth below the corresponding quarter of last year.
Declines were reported for all broad industry groups except
communications and public utilities, where a 13 percent
increase was recorded. Profits before taxes in these industries had increased but little during the earlier postwar years
when total profits were rising sharply.
Table 2.—Corporate Profits Before and After Taxes, First and
Second Quarters of 19491
[Millions of dollars]
Profits before taxes Profits after taxes
Industry group
All industries, total 2
Mining
Manufacturing. _. 3
Metal industries
Other manufacturing _ _ _
Transportation
_ _
Communication and4 public utilities
All other industries .
First
quarter
Second
quarter
First
quarter
7,521
6,586
4,572
3,937
244
4,281
1,962
2,319
152
475
2,369
202
3,550
1,570
1,980
285
442
2,107
168
2,608
1,141
1,467
46
289
1,461
138
2, 122
882
1,240
118
265
1,294
Second
quarter
1 Comparable data for the quarters of 1948 were published on page 4 of the August SURVEY
OF CURRENT BUSINESS. Annual corporate profits estimates by major industrial groups for
1948 and revised estimates for the years 1942 through 1947 were published in the SURVEY for
July 1949 on pp. 16,17. For similar data for the years 1929 through 1941, consult the "National
Income Supplement" to the SURVEY for July 1947, pp. 30-32. Concepts and methodology
have been described in "Trend of Corporate Profits, 1929-45" SURVEY, April 1946, pp. 11-12.
The principal change made since that statement was prepared has been to adjust for tax
credits flowing from the carry-back of unused excess-profits tax credits and net operating
losses; that is, these tax credits were added to profits after taxes in those years to which the
tax credits were carried back.
2 Total profits for all industries include the adjustment for the net flow from abroad of
dividends and branch profits.
s Consist of iron and steel, nonferrous metals, machinery (except electrical), electrical
machinery, transportation equipment (except automobiles), and automobiles.
* Consist of agriculture, forestry, and fisheries; contract construction; wholesale and retail
trade; finance, insurance, and real estate; services; and the international balance adjustment.
Source: U. S. Department of Commerce, Office of Business Economics.
In the aggregate, the profits of manufacturing corporations declined 30 percent from the second quarter of 1948
to the second quarter of this year. Declines were recorded
for all but two of the twenty major industry groups.
The drop in manufacturing profits was smaller in the metal
than in the nonmetal sector. Although this is attributable
in large measure to developments in the automobile industry,
where profits rose sharply, the pattern persists if this industry
is excluded from the comparison. Profits in the second
quarter of this year, as compared with the same period
a year ago, were down about 40 percent in the nonmetal
group and 25 percent in metals, excluding automobiles.
In all nonmetal manufacturing industries except tobacco
and food, there were sizable declines in corporate earnings
over the period. Profits rose appreciably in the tobacco
industry and declined only slightly in food manufactures.
National income estimates incorporating the profits
figures presented above may be found on page S-l of this
issue of the SURVEY.
SURVEY OF CURRENT BUSINESS
October 1949
Plant and Equipment
Outlays
CONFIRMING the surveys made earlier this year, the
case of the railroads are preliminary estimates of plant and
latest survey of the anticipated volume of investment in new
equipment expenditures above anticipations.
plant and equipment by nonagricultural business shows that
These downward adjustments in anticipated expenditures
expenditures in the closing months of 1949 are expected to
this year are a reversal of those experienced heretofore in the
be lower than in the corresponding period of 1948. According
quarterly surveys. From 1945, when the surveys were
to estimates based on reports submitted by business firms
initiated, through 1948, anticipations by business have
this past July in the joint quarterly survey by the Departgenerally been somewhat below actual expenditures. The
ment of Commerce and the Securities and Exchange Comrecent change in part stems from the declining trend in
mission, expenditures in the second half of 1949 will total
costs of capital goods in 1949 in contrast to the steady
$8.8 billion—a 14-percent decline from the all-time peak
upward movement of these prices in the 1945-48 period. It
reached in the same period in 1948. However, as explained
may also reflect the influence of a changing business climate*
later, actual expenditures will probably not show so large a
(Continued on p. 24)
decline as that indicated by these anticipations.
With $9.1 billion actually expended in the first half of Chart 4.—Business Expenditures1 for New Plant and
Equipment
1949, total nonagricultural investment in new plant and
equipment for the year as a whole will be close to $18 billion
BILLIONS OF DOLLARS
as compared to $19.2 billion in 1948 (see table on p. 24). While
25
construction and equipment costs have fallen from their
ALL INDUSTRIES
peaks in late 1948, average costs in 1949 probably will
approximately equal the 1948 average so that the indicated
20
decline in annual outlays for capital goods in 1949 is relatively the same in both value and physical volume. The
decrease in physical volume from the second half of 1948 to
15
the second half of 1949 will be considerably less than the
decline in value.
10
In evaluating this decline in fixed investment it should be
borne in mind that the 1949 level is higher than that in any
0 ANTICIPATED
year prior to 1948. It is also considerably less affected by
the war-induced backlog than were the earlier postwar years
though there still appears to be some influence of deferred
demand.1
i i i i i i i i
0
In addition, there are factors which may result in some
15
overstatement of the expected decline in the latter part of
MANUFACTURING AND MINING
1949. In the first place, the projected figures for the fourth
quarter of 1949 are probably understated in comparison with
10
the reported data for actual expenditures in the fourth
quarter of 1948. This is due to the accounting practice by
many firms of concentrating additions to capital accounts in
the last quarter. If comparison is made between anticipations for the fourth quarter of this year and anticipations
i i i i i i i i
J I
for the fourth quarter of this year and anticipations reported
at the same time last year, the reduction is 9 percent as
10
TRANSPORTATION
against 21 percent when actual 1948 data are used.
Second, the current reports reflect business anticipations
5 in July—a period which preceded the current upturn in
business activity. Third, the recent firming of prices
following the decline in the first half of this year may have
i i i 1 i i i
reversed some earlier decisions to postpone purchases of
10
capital goods.
ELECTRIC AND GAS UTIL r "IES
Changes in planned investment
The volume of plant and equipment expenditures in
1949 anticipated by business in the survey made in February
of this year was only slightly higher than the currently
indicated level—and, in the light of the above factors, it
may very well be realized or possibly exceeded. The
reduction from the earlier anticipations indicated by the
current figures is scattered among most of the major industries and appears primarily in curtailment of plant construction programs rather than in equipment acquisition.
On the basis of the current survey capital outlays in the
second and third quarters of this year are revised downward
by 3 and 2 percent, respectively, from the levels indicated
by the survey taken 3 months previously. Actual outlays
in the second quarter were below the preliminary estimates
in each major industry. In the third quarter, only in the
1
See "The Demand for Producers' Durable Equipment", SURVEY OF CURRENT BUSINESS
June, 1949.
5
-
i
10
i
i
1
i
J
I
i
COMMERCIAL AND MISCELLANEOUS
1939
41
43
45
YEARLY TOTALS
47
1948
1949
QUARTERLY TOTALS,
AT ANNUAL RATES
U. S, DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
1
i
49-329
Excludes expenditures of agricultural business and outlays charged to current account*
Data
for third quarter of 1949 are preliminary.
2
Includes trade, service, communications, construction, and finance.
Sources of data: Beginning with 1945, U. S. Department of Commerce, Office of Business
Economics and Securities and Exchange Commission; prior to 1945, Board of Governors of
the Federal Reserve System.
By Elwyn T. Bonnell
Public and Private Debt in 1948
This article presents estimates of public
and private debt as of the end of 1948.
Estimates by major categories of net debt
are carried back to 1916, and complete
tabulations on both the net and gross basis
are shown for 1929 forward.
The scope of the text has been restricted
to a short discussion of recent developments
and a brief summary of trends in net debt
over the past 32 years. A more thoroughgoing analysis of indebtedness would have
to be carried well beyond the data presented
here.
An explanation of the net and gross concepts is given in the note at the end of the
article. The reader is cautioned against interpreting these estimates without an understanding of the meaning of "net" and "gross"
as applied in the various debt sectors.
HE sustained high level of economic activity in 1948 was
accompanied by an increase in the combined total of net
public and private debt. Total net debt amounted to $429
billion on December 31, 1948—$14 billion larger than a
year earlier.
The increase in total debt during 1948 was a composite of
divergent movements in the public and private aggregates.
Net public debt was reduced $5 billion, while net private
debt moved upward $19 billion, continuing the expansion
begun at the close of the war. The general postwar advance
in production, incomes and prices was reflected in cash surpluses enabling the Federal government to reduce its debt
substantially and in strengthened financial positions permitting private business and individual borrowers to expand
debt obligations. Private net debt reached a high of $197
billion at the end of last year. Both the amount and the
rate of growth during 1948 were less than those recorded in
1947.
Further reduction in public debt
The reduction of $5 billion in net public debt during 1948
was the result of a cut in Federal indebtedness of $6.8
billion and a rise of $1.8 billion in State and local government
obligations.
Whereas Federal net debt—that held by the public and
State and local governments—was reduced last year $6.8
billion, there was a drop of $12 billion in the Federal gross
debt. Approximately $5 billion of gross debt reduction
occurred within the framework of the Federal government.
NOTE.—Mr. Bonnell is a member of the National Income Division, Office of Business
Economics.
This decrease of $5 billion in " duplicating debt" reflected
mainly a substantial contraction in Federal agency obligations issued directly to the U. S. Treasury; this contraction
was offset in part by a further expansion in the holdings of
Federal securities by Federal agencies and trust funds.
These recent changes in Federal debt are traced in table 3.
State and local government net debt, defined as that held
by the investing public and the Federal government, was
$16.2 billion on June 30, 1948—1.8 billions above the comparable total for 1947 (see table 4). Of this rise, $700
million was attributable to State governments and resulted
chiefly from further flotations of World War II bonus issues.
The $1.0 billion increase in local government indebtedness
was largely concentrated in city governments.
Private debt increases at slower rate
The most rapid expansion among components of the debt
of private borrowers during 1948 occurred in farm production loans. A 52-percent increase was registered in this
category, to place the figure at $5.4 billion on December 31.
Of the $1.9 billion expansion, 1.2 billions represented increased loans held or guaranteed by the Commodity Credit
Corporation in connection with the farm price-support program. The remainder of the increase, roughly $600 million,
was used largely to finance the purchase of farm equipment
and improvements needed to sustain the high level of agricultural production. These figures do not include the loans
extended to farmers under the financial and consumer credit
headings in table 7.
In 1948, as in 1947, the largest absolute increase of any
private debt category was recorded in the nonfarm mortgage
sector (see table 6). Nonfarm mortgages owed by noncorporate borrowers (corporate debt secured by mortgage
agreements is included in the long-term debt series in table 5)
moved upward $6.5 billion in each of these 2 years, reflecting
the large volume of new construction activity and the rapid
turn-over of existing structures at higher prices. Available
evidence indicates that total mortgage indebtedness is still
increasing, but at a diminishing rate.
Corporate net long-term debt advanced $4.8 billion in
1948 to reach $49.6 billion at the year's end. While this
aggregate amount of corporate long-term debt was slightly
below the volume reached in 1930 and 1931, the rise during
the year was at a record rate. Corporate short-term debt
also registered a sharp increase. However, the rise was
markedly less than that recorded in 1946 and 1947.
The volume of short-term corporate debt is more immediately responsive to changes in the level of business activity
than is long-term debt. In the case of the latter the choice
of alternative means of financing a given total of gross investment is generally an important factor. Indications are
that in 1948 corporations financed about 70 percent of their
investment needs from internal sources, while obtaining, in
comparison with 1947, a larger proportion of the external
funds required from bond flotations rather than long-term
bank loans and equity securities.
Farm-mortgage debt moved upward for the third succes-
October 1949
SURVEY OF CURRENT BUSINESS
sive year. The present level is still well below prewar,
however, and is associated with a much more favorable
income situation. Although forced sales and foreclosures
increased slightly in 1948, they remained few in number and
unimportant in amount.
The remaining category of private debt—borrowings of
noncorporate businesses and individuals for commercial,
financial, and consumer purposes—advanced $3.3 billion
during 1948 to a total of $28 billion as of December 31. The
major share of this increase was recorded in the field of consumer credit, which expanded 2.6 billions. Installment
credit was the dominant factor in the consumer-debt rise and
has continued to move upward in 1949, despite the reimposition of Regulation W control on September 20, 1948 and its
continuance through June 30, 1949.
More than 30 percent of the 1948 gain in consumer credit
outstanding is attributable to automobile installment sale
credit. From January to July of 1949 automobile sale credit
increased one-third, while total consumer credit edged downward. Over this seven-months period installment loans and
service credit advanced; installment sale credit other than
automobile, single-payment loans, and charge accounts fell
off.
Chart 1.—Net Public and Private Debt, by Major
Components, End of Calendar Year
BILLIONS OF DOLLARS
500
400 -
300 -
200 -
100 -a
1916 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48
£/. 5. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
49-323
1
2
Data represent individual and noncorporate private debt.
Data are for June 30 of each year.
Source of data: U. S. Department of Commerce, Office of Business Economics, based
upon data from various governmental and private agencies.
retirement and a large, steady increase in total private
obligations.
The influence of the private-debt category on movements
in total debt waned in the early thirties, however, and by
1934 rising Federal indebtedness emerged as the dominant
element in the pattern of debt changes. From that year
through 1945 a continuous expansion in Federal debt resulting from expenditures during the depression, the armament
program, and the wartime deficits successively shaped the
total net debt curve. As a percentage of total net debt,
Federal indebtedness rose from 14 percent at the end of
1933 to 23 percent in 1939, and to a high of 62 percent at
the close of 1945.
Again from 1945 to 1946, the direction of change in total
debt was established by Federal debt operations. A large
decline in Federal net debt during 1946 more than offset an
increase in private obligations. Only in the past 2 years,
when advances in private indebtedness more than counterbalanced further declines in Federal debt, did movements
in the private components reassert a controlling influence on
the year-to-year movement of the debt total. At the end
of 1948 Federal net debt formed 50 percent of total net debt,
private debt accounted for 46 percent, and State and local
government debt, 4 percent.
As a reflection of the greatly increased importance of Federal debt in the total debt structure, all other major categories
of net debt—private corporate, private noncorporate, and
State and local government—were reduced in relative importance over the 32-year span from 1916 to 1948. It is
instructive, however, to examine developments within the
large private debt sector.
Corporate net debt advanced from 53 percent of total private debt in 1916 to 57 percent in 1948, with the proportion
of private indebtedness accounted for by individuals and
noncorporate businesses decreasing correspondingly. While
these relative shifts were not large, there were noteworthy
developments within each of the corporate and noncorporate
sectors.
The growth of long-term and short-term corporate debt
was markedly different. From 1916 to 1948 corporate longterm debt dropped from 38 percent to 25 percent of total
private net debt, whereas corporate short-term debt advanced sharply, from 15 percent to 32 percent of the private
total.
Within the noncorporate sector also there was marked
disparity in the long-term behavior of individual components.
Nonfarm mortgage debt rose sharply in relative importance—
from 11 percent of private net debt in 1916 to 24 percent in
1948. On the other hand, farm mortgage debt declined
from 8 percent to 3 percent of private debt; and commercial
(nonfarm), financial and consumer credit dropped from 26
percent to 14 percent of the total.
Trends in net debt
Debt series revised
The relation of current developments to historical trends
in the debt pattern of the United States may be seen in
the accompanying chart. Probably the most striking fact
displayed in the chart is the long-term growth in Federal net
debt. And of particular interest are the depicted changing
roles of private and Federal debt as determinants of
movements in aggregate net debt.
From 1916 to 1933, except during the first World War,
private debt financing exerted the dominant influence on the
course of total net debt. Although private debt increased
appreciably during the years 1917-19, total debt expansion
stemmed mainly from the sharp wartime rise in Federal
debt. Over this 3-year period Federal debt rose from IK
percent to 20 percent of total net debt. Developments in
the twenties were marked chiefly by sizable Federal debt
Estimates for earlier years as published in the October
1948 and September 1947 SURVEYS have been revised in the
present article because of revisions in the Federal Savings
and Loan Insurance Corporation series for 1-4 family home
mortgage debt and in the Federal Reserve Board consumer
credit statistics. Other revisions for recent years reflect
the incorporation of more reliable basic data, particularly
for the corporate business sector.
The statistical bases for the present estimates are in
general similar to those used by the Department of Commerce in the past. These have been explained in articles
in the September 1945 and July 1944 issues of the SURVEY
and in the special bulletin, "Indebtedness in the United
States, 1929-41" (Department of Commerce, Economic
(Text continued on p. 9; tables begin p. 8)
SURVEY OF CURRENT BUSINESS
8
October 1949
Table 1.—Net Public and Private Debt, End of Calendar Year, 1916-48 *
[Billions of dollars]
Private
Public
Public
and
private,
total
End of year
Individual and noncorporate
Corporate
Total
Federal
State and
local
Total
Nonmortgage
Mortgage
Total
Longterm
Shortterm
Total
Farm
Nonfarm 2
Farms
Nonfarm*
82.1
94.4
117.4
128.0
135.4
5.6
12.0
25.9
30.8
29.6
1.2
7.3
20.9
25.6
23.7
4.4
4.7
5.0
5.2
5.9
76.5
82.4
91.5
97.2
105.8
40.2
43.7
47.0
53.3
57.7
29.1
29.7
30.2
31.0
32.6
11.1
14.0
16.8
22.3
25.1
36.3
38.7
44.5
43.9
48.1
5.8
6.5
7.1
8.4
10.2
8.5
9.4
9.8
10.3
11.9
2.0
2.5
2.7
3.5
3.9
20.0
20.3
24.9
21.7
22.1
135.8
140.0
146.4
153.1
162.7
29.6
30.5
30.0
30.0
30.3
23.1
22.8
21.8
21.0
20.3
6.5
7.7
8.2
9.0
10.0
106.2
109.5
116.4
123.1
132.4
57.0
58.6
62.6
67.2
72.7
33.8
34.4
36.2
38.5
39.7
23.2
24.2
26.4
28.7
33.0
49.2
50.9
53.8
55.9
59.7
10.7
10.8
10.7
9.9
9.7
13.0
14.3
16.6
18.9
21.6
3.3
3.1
3.0
2.7
2.8
22.2
22.7
23.5
24.4
25.6
169.0
177.5
186.2
191.1
191.4
29.9
29.7
29.8
29.7
30.6
19.2
18.2
17.5
16.5
16.5
10.7
11.5
12.3
13.2
14.1
139.1
147.8
156.4
161.5
160.8
76.2
81.2
86.1
88.9
89.3
41.7
44.4
46.1
47.3
51.1
34.5
36.8
40.0
41.6
38.2
62.9
66.6
70.3
72.6
71.6
9.7
9.8
9.8
9.6
9.4
24.4
27.3
30.1
31.7
32.7
2.6
2.6
2.7
2.6
2.4
26.2
26.9
27.7
28.7
27.1
182.6
175.7
169.7
172.6
175.9
34.0
37.9
41.0
46.3
50.5
18.5
21.3
24.3
30.4
34.4
15.5
16.6
16.7
15.9
16.0
148.6
137.8
128.8
126.3
125.4
83.5
80.0
76.9
75.5
74.8
50.3
49.2
47.9
44.6
43.6
33.2
30.8
29.1
30.9
31.2
65.1
57.7
51.8
50.8
50.6
9.1
8.5
7.7
7.6
7.4
31.7
30.1
27.6
26.8
26.1
2.0
1.6
1.4
1.3
1.5
22.3
17.5
15.2
15.1
15.6
1936
1937
1938
1939
1940
181.4
183.3
180.9
184.5
190.9
53.9
55.3
56.5
58.9
61.3
37.7
39.2
40.5
42.6
44.8
16. 2
16.1
16.0
16.3
16.5
127.5
128.0
124.4
125.6
129.6
76.1
75.8
73.3
73.5
75.6
42.5
43.5
44.8
44.4
43.7
33.5
32.3
28.4
29.2
31 9
51.4
52.1
51.1
52.0
54.0
7.2
7.0
6.8
6.6
6.5
25.7
25.7
25.9
26.3
27.2
1.4
1.7
2.2
2.3
2.6
17.1
17.8
16.2
16.8
17.7
1941
1942
1943
1944
1945
212.6
260.6
314.3
371. 6
407.2
72.6
117.5
169.3
226.0
266.5
56.3
101. 7
154.4
211.9
252.7
16.3
15.8
14.9
14.1
13.7
139.9
143.1
144.9
145.7
140.7
83.4
91.6
95.5
94.1
85.3
43.6
42.7
41.0
39.8
38.3
39.8
49.0
54.5
54.3
47.0
56.5
51.5
49.4
51.5
55.4
6.4
6.0
5.4
4.9
4.7
28.4
27.9
27.2
27.0
27.8
2.9
2.9
2.8
2.8
2.5
18.8
14.7
14.1
16.8
20.5
398.7
415.1
429.4
243.3
237.7
232.7
229.7
223.3
216.5
13.6
14.4
16.2
155.4
177.4
196.7
93.5
104.7
112.1
41.3
44.8
49.6
52.2
59.9
62.5
61.8
72.7
84.6
4.8
4.9
5.1
33.4
39.9
46.4
2.8
3.6
5.4
20.9
24.4
27.7
1916
1917
1918
1919
1920
-
.
_
.
_ __ .
..
1921
1922
1923
1924
1925
_
.
_
1926
1927
1928
1929
1930
.
1931
1932
1933
1934
1935
_
_
- -
1946
1947
1948
.-
1
2
Data for State and local governments are for June 30 of each year. Components will not necessarily add to totals because of rounding.
Data are for noncorporate borrowers only. (See table 6.)
3 Comprises nonreal estate farm debt contracted for productive purposes and owed to institutional lenders.
* Comprises debt incurred for commercial (nonfarm), financial and consumer purposes, including debt owned by farmers for financial and consumer purposes.
Source: U. S. Department of Agriculture, Bureau of Agricultural Economics; U. S. Department of Commerce, Bureau of the Census and Office of Business Economics.
Table 2.—Gross Public and Privat| Debt, End of Calendar Year, 1929-48 *
[Millions of dollars]
Public
Public
and
private,
total
End of year
Private
Individual and noncorporate
Corporate
Total
Federal
State
and
local
Total
Total
Longterm
Shortterm
Mortgage
Nonmortgage
Total
Farm
Nonfarm2 Farm 3 Nonfarm4
214, 355
214, 752
204, 019
196, 257
191, 726
34, 761
35, 762
38, 607
42, 409
47, 518
17, 527
17, 303
19, 073
22, 833
27, 716
17, 234
18, 459
19, 534
19, 576
19, 802
179, 594
178, 990
165, 412
153, 848
144, 208
107, 043
107, 425
100, 336
96, 110
92, 373
56, 625
61, 086
60, 074
58, 762
57, 161
50, 418
46, 339
40, 262
37, 348
35, 212
72, 551
71, 565
65, 076
57, 738
51, 835
9,631
9,398
9,094
8,466
7,685
31, 673
32, 651
31, 731
30, 148
27, 578
2,587
2,381
1,973
1,636
1,401
28,660
27, 135
22, 278
17, 488
15, 171
1934
1935
1936
1937
1938
198, 423
201, 424
206, 993
209, 802
304, 871
57, 015
60, 996
64, 707
67, 438
67, 013
37, 859
41, 654
45, 090
47, 844
47, 437
19, 156
19, 342
19, 617
19, 594
19, 576
141, 408
140, 428
142, 286
142, 364
137, 858
90, 613
89, 785
90, 870
90, 216
86, 779
53, 191
51, 954
50, 463
51, 506
52, 846
37, 422
37, 831
40, 407
38, 710
33, 933
50, 795
50, 643
51,416
52, 148
51, 079
7,584
7,423
7,154
6,955
6,779
26, 816
26, 124
25, 737
25, 716
25, 861
1,314
1,532
1,432
1,688
2,238
15, 081
15, 564
17, 093
17, 789
16, 201
1939
1940
1941
1942
1943
208, 922
216, 790
243, 258
300, 686
365, 102
70, 109
73, 815
89, 216
142, 902
205, 358
50, 113
53, 569
68, 990
123, 212
186, 666
19, 996
20, 246
20, 226
19, 630
18, 692
138, 813
142, 975
154, 042
157, 784
159, 744
86, 807
88, 966
97, 543
106, 331
110,316
52, 113
51, 233
51, 245
50, 165
48,354
34, 694
37, 733
46, 298
56, 166
61, 962
52, 006
54, 009
56, 499
51,453
49, 428
6,586
6,491
6,372
5,951
5,389
26, 325
27, 195
28, 436
27, 870
27, 165
2,287
2,644
2,855
2,892
2,791
16, 808
17, 679
18, 836
14, 740
14, 083
431, 680
464, 132
459, 189
482, 474
493, 210
271, 165
309, 189
288, 069
286, 578
276, 613
253, 694
292, 600
272, 147
269, 753
257, 911
17, 471
16, 589
15, 922
16, 825
18, 702
160, 515
154, 943
171, 120
195, 896
216, 597
108, 986
99, 523
109, 292
123, 235
132, 002
47, 018
45, 321
48, 435
53, 400
59, 347
61, 968
54, 202
60, 857
69, 835
72, 655
51, 529
55, 420
61, 828
72, 661
84, 595
4,933
4,682
4,777
4,882
5,108
27, 010
27, 772
33, 388
39, 874
46, 395
2,798
2,490
2,758
3,555
5,418
16, 788
20, 476
20, 905
24, 350
27, 674
1929
1930
1931
1932
1933
.
._-
.
1944
1945
1946
1947
1948
.. .
~.
1
2
_
-
Data for State and local government debt are for June 30 of each year.
Data are for noncorporate borrowers only. (See table 6).
3 Comprises nonreal estate farm debt contracted for productive purposes and owed to institutional lenders.
* Comprises debt incurred for commercial (nonfarm), financial and consumer purposes, including debt owed by farmers for financial and consumer purposes.
Sources: U. S. Department of Agriculture, Bureau of Agricultural Economics; U. S. Department of Commerce, Bureau of the Census and Office of Business Economics.
SUEVEY OF CUEEENT BUSINESS
October 1949
Table 3.—Gross and Net Federal Goverment Debt, End of Calendar Year, 1929-48
[Millions of dollars]
Federal Government
Federal
Government and
Federal
agency,
total
End of year
Federal
GovernInterest bearing
Federal2 ment and
Nonin- agency
Federal
terest
agency,
bearPublic
Special
total
ing i
Total
issues
issues
Total
Net debt
Duplicating debt
Gross debt
Federal
Government securities
held by
Federal
agencies
and trust
funds
Federal agency securities 3
Total
Federal
Govern- Federal
ment
and GovernHeld by Federal
ment
other
agency,
Federal
total
agencies
Federal
agency
Held by
U. S.
Treasury
Held in
Federal
trust
funds
7
6
1
2
57
16, 488
16, 489
18, 464
21, 305
24, 251
15, 373
15, 322
17, 323
20, 194
22, 862
1,115
1,167
1,141
1,111
1,389
1929
1930
1931 .
1932
1933
17, 527
17, 303
19, 073
22, 833
27, 716
16, 301
16, 026
17, 826
20, 805
23, 815
16, 029
15, 774
17, 528
20, 448
23, 450
15, 401
14, 993
17, 135
20, 097
23, 079
628
781
393
351
371
272
252
298
357
365
1,226
1,277
1,247
2,028
3,901
1,039
814
609
1,528
3,465
928
704
503
611
953
111
110
106
917
2,512
810
2,350
104
104
105
105
105
1934
1935 ..
1936
1937
1938...
37, 859
41, 654
45, 090
47, 844
47, 437
28, 480
30, 557
34, 406
37, 286
39, 439
27, 944
29, 596
33, 699
36, 715
38, 911
27, 386
28, 868
33, 067
34, 488
35, 755
558
728
632
2,227
3,156
536
961
707
571
528
9,379
11,097
10, 684
10, 558
7,998
7,470
7,246
7,396
8,608
6,904
2,840
1,731
2,528
3,800
4,990
4,630
5,515
4,868
4,808
1,914
3,585
4,095
3,685
3,610
788
106
106
55
46
44
939
1,314
1,128
1,152
1,082
30, 389
34, 408
37, 694
39, 236
40, 533
25, 640
28, 826
31, 878
33, 486
34, 449
4,749
5,582
5,816
5,750
6,084
50, 113
53, 569
68, 990
123, 212
186, 666
41, 961
45, 040
58, 020
108, 170
165, 878
41, 465
44, 472
57, 533
107, 308
164, 508
37, 234
39, 102
50, 551
98, 276
151, 805
4,231
5,370
6,982
9,032
12, 703
496
568
487
862
1,370
8,152
8,529
10, 970
15, 042
20, 788
7,481
8,756
12, 706
21,516
32, 229
6,166
7,346
9,249
11, 928
16, 503
1,315
1,410
3,457
9,588
15, 726
101
90
1,278
5,193
7,848
44
44
43
43
43
1,170
1,276
2,136
4,352
7,835
42, 632
44, 813
56, 284
101, 696
154, 437
35, 795
37, 694
48, 771
96, 242
149, 375
6,837
7,119
7,513
5,454
5,062
253, 694
292, 600
272, 147
269, 753
257, 911
230, 630
278, 115
259, 149
256, 900
252, 800
228, 891
275, 694
257, 649
254, 205
250, 580
212, 565
255, 693
233, 064
225, 250
218, 866
16, 326
20, 000
24, 585
.28. 955
31,714
1,739
2,421
1,500
2,695
2,220
23, 064
14, 485
12, 998
12, 853
5,111
41, 805
39, 857
42, 398
46, 435
41, 425
21, 672
27, 041
30, 913
34, 352
37, 317
20, 133
12, 816
11,485
12, 083
4,108
11, 494
11, 775
10, 693
11, 840
3,868
8,639
1,041
792
243
240
211, 889
252, 743
229, 749
223, 318
216, 486
208, 958
251, 074
228, 236
222, 548
215, 483
2,931
1,669
1,513
770
1,003
.
1939. _ .
1940
1941 .
1942
1943
1944
1945 _
1946
1947
1948--.
1
2
3
4
_.
(4)
(44)
( 4)
(4)
()
Includes matured debt on which interest has ceased.
Bonds, debentures, and notes payable, including securities held by the U. S. Treasury.
Bonds, debentures, and notes payable.
Less than $500,000.
Source: U. S. Treasury Department.
Table 4.—Gross and Net State and Local Government Debt, June 30, 1929-48
[Millions of dollars]
Duplicating debt
Gross debt
Local
State
and
local,
total i
End of fiscal year
1929
1930
1931
1932
1933
_
.
.-- ._
1934
1935
1936
1937
1938
-_.
_ _
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
_
1
2
_
State
Total
2
State
City and School
County town- district
ship
Special
district
State
and
local,
total
Total
Sinking
funds
Net debt
Local
Trust,
etc.,
funds
Total
Sinking
funds
Trust,
etc.,
funds
State
and
local,
total
State
Local
17, 234
18, 459
19, 534
19, 576
19, 802
2,300
2,444
2,666
2,896
3,018
14, 934
16,015
16, 868
16, 680
16, 784
2,270
2,434
2,564
2,531
2,494
9,259
9,929
10, 458
10, 342
10, 463
1,956
2,098
2,210
2,176
2,117
1,449
1,554
,636
,631
,710
4,064
4,340
4,008
2,961
3,078
714
752
806
876
952
258
265
287
303
319
456
487
519
573
633
3,350
3,588
3,202
2,085
2,126
2,856
3,049
2,576
1,411
1,400
494
539
626
674
726
13, 170
14, 119
15, 526
16, 615
16, 724
1,586
1,692
1,860
2,020
2,066
11, 584
12, 427
13, 666
14, 595
14, 658
19, 156
19, 342
19, 617
19, 594
19, 576
3,201
3,331
3,318
3,276
3,309
15, 955
16,011
16, 299
16, 318
16, 267
2,457
2, 420
2,382
2,345
2,282
9,651
9,725
10, 031
10, 067
9,923
2,059
2,000
1, 942
1,884
1,860
,788
,866
1,944
2,022
2,202
3,215
3,297
3, 388
3,483
3,6C1
1, 037
1,099
1,165
1,234
1,313
335
351
367
383
412
702
748
798
851
901
2,178
2,198
2,223
2,249
2,288
1,391
1,380
1,371
1,360
1, 365
787
818
852
889
923
15, 941
16, 045
16, 229
16, 111
15, 975
2,164
2,232
2,153
2,042
1,996
13, 777
13, 813
14, 076
14,069
13, 979
19, 996
20, 246
20, 226
19, 690
18, 692
3,343
3,526
3,413
3,211
2,909
16, 653
16, 720
16, 813
16, 479
15, 783
2,219
2,156
2,046
1,846
1,634
10, 215
10, 189
10, 210
10, 079
9,784
1,837
1, 813
1,787
1,701
1,573
2,382
2,562
2,770
2,853
2,792
3,682
3,785
3,889
3,847
3,810
1,369
1,433
1,553
1,541
1,576
396
363
300
276
306
973
1,070
1,253
1,265
1,270
2,313
2,352
2,336
2,306
2,234
1,372
1,350
1,358
1,344
1,302
941
1,002
978
962
932
16, 314
16, 461
16, 337
15, 843
14, 882
1,974
2. 093
1,860
1,670
1,333
14, 340
14, 368
14, 477
14, 173
13, 549
17, 471
16, 589
15, 922
16, 825
18, 702
2,768
2,425
2,358
2,978
3,722
14, 703
14, 164
13, 564
13, 847
14, 980
1,694
1, 545
1,417
1,481
1,408
8,826
8,589
8,267
8,275
9,135
1,465
1,363
1,283
1,355
1,560
2,718
2,667
2, 597
2,736
2,877
3,397
2,864
2, 349
2,428
2,476
1,351
1,046
754
804
851
247
175
141
144
154
1,104
871
613
660
697
2,046
1,818
1,595
1,624
1,625
1,142
960
869
860
847
904
858
726
764
778
14, 074
13, 725
13, 573
14, 397
16, 226
1,417
1,379
1,604
2,174
2,871
12, 657
12, 346
11,969
12, 223
13, 355
Includes State loans to local units.
Comprises State and local government securities held by State and local governments.
Source: U. S. Department of Commerce, Bureau of the Census and office of Business Economics.
(Continued from p. 7)
1
Series No. 21, U. S. Government Printini_ Office, 1942).
Discussions in the September 1946 and September 1947
articles were limited to modifications of former procedures.
Gross and net debt concepts
Net public and private debt outstanding is a comprehensive aggregate of the indebtedness of borrowers after
1
Copies of this bulletin are available from the Superintendent of Documents, Government
Printing Office. Washington 25, D. C.; price, 15 cents.
857500°—49
2
elimination of certain types of duplicating governmental
and corporate debt. This measure of indebtedness provides a more significant indication of trends in the debt
structure than does gross debt, since the effects of nominal
changes in financial practices and organization are largely
removed.
To obtain net figures, gross debt is adjusted for specific
types of duplications pertaining to the following sectors of
the economy: (1) the Federal Government and its corporations and agencies generally; (2) State and local governments,
(Continued on p. 11)
SURVEY OF CUEEENT BUSINESS
10
October 1949
Table 5.—Gross and Net Corporate Debt, End of Calendar Year, 1929-48
[Millions of dollars]
AH corporations
Short-term 1
Longterm l
Total
Notes
and
accounts
payable
Short-term 1
Short-term 1
End of year
Total
Nonrailway corporations
Railway corporations
Total
Longterm i
Other
Total
Notes
and
accounts
payable
Total
Longterm i
Other
Total
Notes
and
accounts
payable
Other
Gross Corporate Debt
1929
1930
1931 ._
1932
1933 .
_-_
1934 .
1935
1936
1937
1938
1939
1940
1941
1942 . .
1943
-
- -
_ _ _ _
1944
1945
1946
1947
1948
107, 043
107, 425
100, 336
96, 110
92, 373
56, 625
61, 086
60, 074
58, 762
57, 161
50, 418
46, 339
40, 262
37, 348
35, 212
35, 436
32, 279
28, 754
25, 289
23, 827
14, 982
14, 060
11, 508
12, 059
11, 385
16, 077
16, 350
16, 358
16, 419
16, 457
14, 380
14, 716
14, 782
14, 852
14, 798
1,697
1,634
1,576
1,567
1,659
725
655
706
686
690
972
979
870
881
969
90, 966
91, 075
83, 978
79, 691
75, 916
42, 245
46, 370
45, 292
43, 910
42, 363
48, 721
44, 705
38, 686
35, 781
33, 553
34, 711
31, 624
28, 048
24, 603
23,137
14, 010
13, 081
10, 638
11, 178
10, 416
90, 613
89, 785
90, 870
90, 216
86, 779
53, 191
51,954
50, 463
51, 506
52, 846
37,422
37, 831
40, 407
38, 710
33, 933
25, 809
25, 952
27, 088
25, 573
21, 627
11,613
11,879
13, 319
13, 137
12,306
16, 410
16, 397
16, 666
16, 635
16, 777
14, 682
14, 540
14, 589
14, 508
14, 495
1,728
1,857
2,077
2,127
2,282
685
692
683
632
629
1,043
1,165
1,394
1,495
1,653
74, 203
73, 388
74, 204
73, 581
70, 002
38, 509
37, 414
35, 874
36, 998
38, 351
35, 694
35, 974
38, 330
36, 583
31, 651
25, 124
25, 260
26, 405
24, 941
20, 998
10, 570
10, 714
11,925
11, 642
10, 653
86, 807
88, 966
97, 543
106, 331
110, 316
52, 113
51, 233
51, 245
50, 165
48, 354
34, 694
37, 733
46, 298
56, 166
61, 962
22, 167
22, 717
26, 156
26, 032
26, 318
12, 527
15,016
20, 142
30, 134
35, 644
16, 964
17, 170
17, 308
17, 684
18, 131
14, 475
14, 544
14, 388
13, 983
13, 391
2,489
2,626
2,920
3,701
4,740
633
500
529
584
868
1,856
2,126
2,391
3,117
3,872
69, 843
71, 796
80, 235
88, 647
92, 185
37, 638
36, 689
36, 857
36, 182
34, 963
32, 205
35, 107
43, 378
52, 465
57, 222
21, 534
22, 217
25, 627
25, 448
25, 450
10, 671
12, 890
17, 751
27,017
31, 772
108, 986
99, 523
109, 292
123, 235
132, 002
47, 018
45, 321
48, 435
53, 400
59, 347
61, 968
54, 202
60, 857
69, 835
72, 655
26, 898
25, 718
31,667
35, 666
37, 042
35, 070
28, 484
29, 190
34, 169
35, 613
17, 221
15,411
13, 714
14, 173
13, 978
12, 625
11,874
10, 877
11, 169
10, 878
4,596
3,537
2,837
3,004
3,100
839
881
799
904
880
3,757
2,656
2,038
2,100
2,220
91, 765
84, 112
95, 578
109, 062
118, 024
34, 393
33, 447
37, 558
42, 231
48, 469
57, 372
50, 665
58, 020
66, 831
69, 555
26, 059
24, 837
30, 868
34, 762
36, 162
31, 313
25, 828
27, 152
32, 069
33, 393
Duplicating Corporate Debt
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
.
_ -
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
- -
18, 142
18, 168
16, 838
16, 095
15, 436
9,278
10, 016
9,771
9,571
9,292
8,864
8,152
7,067
6,524
6,144
6,275
5,721
5,083
4,449
4,190
2,589
2,431
1,984
2,075
1,954
1,072
1,025
1,013
1,071
1,108
875
830
821
877
900
197
195
192
194
208
101
92
99
96
97
96
103
93
98
111
17, 070
17, 143
15, 825
15, 024
14, 328
8,403
9,186
8,950
8,694
8,392
8,667
7,957
6, 875
6,330
5,936
6,174
5,629
4,984
4,353
4,093
2,493
2,328
1,891
1,977
1,843
15, 109
14, 992
14, 807
14, 413
13, 488
8,580
8,392
7,944
7,993
8,004
6,529
6,600
6,863
6,420
5,484
4,538
4,566
4,648
4,283
3,534
1,991
2,034
2,215
2,137
1,950
1,127
1,168
1,222
1,312
1,345
909
932
967
1,045
1,055
218
236
255
267
290
96
97
96
88
88
122
139
159
179
202
13, 982
13, 824
13, 585
13, 101
12, 143
7,671
7,460
6,977
6,948
6,949
6,311
6,364
6,608
6, 153
5,194
4,442
4,469
4,552
4,195
3,446
1,869
1,895
2,056
1,958
1,748
13, 262
13, 390
14, 100
14, 682
14, 797
7,747
7,580
7,631
7,498
7,314
5,515
5,810
6,469
7, 184
7,483
3,676
3,780
4,346
4,323
4,362
1,839
2,030
2,123
2,861
3,121
1,378
1,443
1,484
1,487
1,558
1,062
1,112
1,129
1,115
1,147
316
331
355
372
411
88
70
74
81
120
228
261
281
291
291
11,884
11, 947
12, 616
13, 195
13, 239
6,685
6,468
6,502
6,383
6,167
5,199
5,479
6,114
6,812
7,072
3,588
3,710
4,272
4,242
4,242
1,611
1,769
1,842
2,570
2,830
14, 857
14, 231
15, 754
18, 539
19, 914
7,186
6,999
7,092
8,622
9,797
7,671
7,232
8,662
9,917
10, 117
4,459
4,264
5,256
5,920
6,149
3,212
2,968
3,406
3,997
3,968
1,510
1,485
807
1,499
1,570
1,119
1,099
467
1,172
1,247
391
386
340
327
323
116
124
111
126
122
275
262
229
201
201
13, 347
12, 746
14, 947
17, 040
18, 344
6,067
5,900
6,625
7,450
8,550
7,280
6,846
8,322
9,590
9,794
4,343
4,140
5,145
5,794
6,027
2,937
2,706
3,177
3,796
3,767
Net Corporate Debt
1929
1930 1931
1932
1933 _
-
_
-- -
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
-
1944
1945
1946
1947
1948
88,901
89, 257
83, 498
80, 015
76, 937
47, 347
51, 070
50, 303
49, 191
47, 869
41, 554
38, 187
33, 195
30, 824
29, 068
29, 161
26, 558
23, 671
20, 840
19, 637
12, 393
11, 629
9,524
9,984
9,431
15, 005
15, 325
15, 345
15, 348
15, 349
13, 505
13, 886
13, 961
13, 975
13, 898
1,500
1,439
1,384
1,373
1,451
624
563
607
590
593
876
876
777
783
858
73, 896
73, 932
68, 153
64, 667
61, 588
33, 842
37, 184
36, 342
35, 216
33, 971
40, 054
36, 748
31,811
29, 451
27, 617
28, 537
25, 995
23, 064
20, 250
19, 044
11,517
10, 753
8,747
9,201
8,573
75, 504
74, 793
76, 063
75, 803
73, 291
44,611
43, 562
42, 519
43, 513
44, 842
30, 893
31, 231
33, 544
32, 290
28, 449
21, 271
21, 386
22, 440
21, 290
18, 093
9,622
9,845
11, 104
11, 000
10, 356
15, 283
15, 229
15, 444
15, 323
15, 432
13, 773
13, 608
13, 622
13, 463
13, 440
1,510
1,621
1,822
1,860
1,992
589
595
587
544
541
921
1,026
1,235
1,316
1,451
60, 221
59, 564
60, 619
60, 480
57, 859
30, 838
29, 954
28, 897
30, 050
31, 402
29, 383
29, 610
31, 722
30, 430
26, 457
20, 682
20, 791
21, 853
20, 746
17, 552
8,701
8,819
9,869
9,684
8,905
73, 545
75, 576
83, 443
91, 649
95, 519
44, 366
43, 653
43, 614
42, 667
41, 040
29, 179
31, 923
39, 829
48, 982
54, 479
18, 491
18, 937
21, 810
21, 709
21, 956
10, 688
12, 986
18,019
27, 273
32, 523
15, 586
15, 727
15, 824
16, 197
16, 573
13, 413
13, 432
13, 259
12, 868
12, 244
2,173
2,295
2,565
3,329
4,329
545
430
455
503
748
1,628
1,865
2,110
2,826
3,581
57, 959
59, 849
67, 619
75, 452
78, 946
30, 953
30, 221
30, 355
29, 799
28, 796
27, 006
29, 628
37, 264
45, 653
50, 150
17, 946
18, 507
21, 355
21, 206
21, 208
9,060
11,121
15, 909
24, 447
28, 942
94, 129
85, 292
93, 538
104, 696
112, 088
39, 832
38, 322
41, 343
44, 778
49, 550
54, 297
46, 970
52, 195
59, 918
62, 538
22, 439
21, 454
26, 411
29, 746
30, 893
31, 858
25, 516
25, 784
30, 172
31, 645
15, 711
13, 926
12,907
12, 674
12, 408
11,506
10, 775
10, 410
9,997
9,631
4,205
3,151
2,497
2,677
2,777
723
757
688
778
758
3,482
2,394
1,809
1,899
2,019
78, 418
71, 366
80, 631
92, 022
99, 680
28, 326
27, 547
30, 933
34, 781
39, 919
50, 092
43, 819
49, 698
57, 241
59, 761
21, 716
20, 697
25, 723
28, 968
30, 135
28, 376
23, 122
23, 975
28, 273
29, 626
i Long-term debt is denned as having an original maturity of 1 year or more from date of issue; short-term debt as having an original maturity of less than 1 year.
Sources: U. S. Tieasury Department, Bureau of Internal Revenue; Interstate Commerce Commission; U. S. Department of Commerce, Office of Business Economics.
SUKVEY OF CUERENT BUSINESS
October 1949
11
Table 6.—Nonfarm Mortgage Debt by Lender Groups, End of Calendar Year, 1929-48 1
[Millions of dollars]
Residential and commercial
End of year
Corporate 2
Total
1929
1930
1931
1932
1933
1934
1935
1936 .- _
1937
1938
1939
1940
1941 1942
1943
_
._
.
Noncorporate
Multifamily residential and commercial
1-4 family residential
Total
Savings
and loan
associations
Life insurance
carriers
Mutual
savings
banks
Commercial
banks
Life insurance
carriers
Mutual
savings
banks
Commercial
banks
Individuals and
others
132
17, 845
18, 759
18, 370
17, 668
15, 064
3,575
3,794
3,898
3,741
3,455
3,491
3,557
3,610
3,461
3,338
( 44)
( 4)
(4)
(4)
()
(33)
(3)
(3)
(3)
()
2,379
2,897
2,763
2,398
2,169
6,100
6,000
6,000
6,180
6,330
13, 907
13, 058
12, 803
12, 661
12, 660
3,218
2,989
2,916
3,080
3,235
3,152
2,990
2,819
2,755
2,684
(44)
(4)
(4)
()
1,865
(33)
(3)
(3)
()
4,876
1,754
1,930
2,316
2,363
2,316
2,038
1,956
1,777
1,567
1,338
6,440
6, 510
6,590
6,350
6,100
12, 706
12,855
13, 007
12, 688
12, 213
3,292
3,303
3,541
3,563
3,444
2,695
2,685
2,613
2,494
2,383
1,943
2,067
2,024
1,893
1,742
4,776
4,800
4,829
4,738
4,644
2,293
2,428
3,690
4,982
5,700
1,091
852
636
486
365
6,200
6,400
7,500
8,550
9,500
12, 014
12, 476
14, 405
16, 678
19, 267
3,418
3,602
3,790
4,321
4,965
2, 361
2,306
2,399
2,591
3,183
1,673
1,823
2,843
3,641
4,319
4,562
4,745
5,373
6,125
6,800
5,653
5,723
5,652
5,392
4,229
31, 673
32, 651
31, 731
30, 148
27, 578
19, 481
19,615
19, 013
17, 872
16, 743
6, 507
6,402
5,890
5,148
4,437
1,626
1,732
1,775
1,724
1,599
2,286
2,341
2,436
2,446
2,354
1,962
1,940
1,812
1,654
1,521
30, 865
29, 899
29, 493
29, 488
29, 733
4,049
3,775
3,756
3,772
3,872
26, 816
26. 124
25, 737
25, 716
25, 861
16, 958
16, 841
16, 690
16, 827
17, 073
3,710
3,293
3,237
3,420
3,555
1,379
1,281
1, 245
1,246
1,320
2,190
2,089
2,082
2,111
2,119
1,200
1,281
1,363
1,472
1,580
30, 314
31, 255
32, 407
31,907
30, 994
3,989
4,060
3,971
4,037
3,829
26, 325
27, 195
28, 436
27, 870
27, 165
17, 608
18, 400
19, 400
19, 219
18, 781
3,758
4,084
4, 552
4,556
4,584
1,490
1,758
1,976
2,255
2,410
2,128
2,162
2,189
2,128
2,033
30, 792
31, 684
37, 974
45, 248
52, 622
3,782
3,912
4,586
5,374
6,227
27, 010
27, 772
33, 388
39,874
46, 395
18, 778
19, 208
23, 569
28, 570
33, 355
4,799
5,376
7,140
8,856
10, 300
2,458
2,258
2,570
3,459
4,900
1,937
1,894
2,033
2,237
2,590
1944
1945
1946
1947
1948
Total
7,100
7,200
7,100
6,900
6,700
37, 326
38, 374
37, 383
35, 540
31, 807
_
IndiviH.O.L.C. duals and
others
1
The data represent mortgage loans on commerical and residential property, and exclude real estate mortgage bonds. Multifamily and commercial property mortgages owed by corporations
and 2held by other nonfmancial corporations are also excluded.
The
corporate mortgage debt total is included in the total corporate long-term debt outstanding, table 5.
3
Not available.
Sources: Federal Savings and Loan Insurance Corporation; U. S. Department of Commerce, Office of Business Economics.
Table 7.—Individual and Noncorporate Debt, End of Calendar Year, 1929-48
[Millions of dollars]
Nonfarm
Farm
Farm and
nonfarm
total
End of year
1929
1930
1931
1932
1933
--_
1934
1935
1936
1937
1938.
1939 _
1940
1941 .
1942
1943
.
1944
1945
1946
1947
1948
1
Nonfarm mortgage
Farm
Total farm mortgage
*
Nonrealestate 2
Total
nonfarm
Total
Other
Multi1-4 family family and
commercial
Total
Commercial Financial 3
(nonfarm)
Consumer
72, 551
71, 565
65, 076
57, 738
51, 835
12, 218
11, 779
11, 067
10, 102
9,086
9,631
9,398
9,094
8,466
7,685
2,587
2,381
1,973
1,636
1,401
60, 333
59, 786
54, 009
47, 636
42, 749
31. 673
32, 651
31, 731
30, 148
27, 578
18, 507
18, 634
18, 062
16, 978
15, 906
13, 166
14, 017
13, 669
13, 170
11,672
28, 660
27, 135
22, 278
17, 488
15, 171
8(*)
(4)
(4)
(')
(4)
(*)
7, 628
6,821
5,518
4,085
3,912
50, 795
50, 643
51, 416
52, 148
51, 079
8,898
8,955
8,586
8,643
9,017
7,584
7,423
7,154
6,955
6,779
1,314
1,532
1,432
1,688
2,238
41, 897
41, 688
42, 830
43, 505
42, 062
26, 816
26, 124
25, 737
25, 716
25, 861
16, 110
15, 999
15, 856
15, 986
16, 219
10, 706
10, 125
9,881
9,730
9,642
15, 081
15, 564
17, 093
17, 789
16, 201
8( )
(44)
()
()
4
4,389
5,434
6,788
7,480
7,047
52, 006
54, 009
56, 499
51, 453
49, 428
8,873
9,135
9,227
8, 843
8,180
6,586
6,491
6,372
5,951
5,389
2,287
2,644
2,855
2,892
2,791
43, 133
44, 874
47, 272
42, 610
41, 248
26, 325
27, 195
28, 436
27, 870
27, 165
16, 728
17, 480
18, 430
18, 258
17, 842
9,597
9,715
10, 006
9,612
9,323
16, 808
17, 679
18, 836
14, 740
14, 083
3,028
3,494
4,129
3,354
3,168
5,811
5,070
4,845
4,808
5,537
7,969
9,115
9,862
6,578
5,378
51, 529
55, 420
61, 828
72, 661
84, 595
7,731
7,172
7,535
8,437
10, 526
4,933
4,682
4,777
4,882
5,108
2,798
2,490
2,758
3,555
5,418
43, 798
48, 248
54, 293
64, 224
74, 069
27, 010
27, 772
33, 388
39, 874
46, 395
17, 839
18, 248
22, 391
27, 142
31, 687
9,171
9,524
10, 997
12, 732
14, 708
16, 788
20, 476
20, 905
24, 350
27, 674
3,227
3,912
5,122
6,100
6,405
7,758
9,927
5,592
4,577
4,950
5,803
6,637
10, 191
13, 673
16, 319
(4)
(4)
4
(44)
8( )
Includes regular mortgages, purchase-money mortgages, and sales contracts.,
2
Includes agricultural loans to farmers and farmers' cooperatives by institutional leaders; farmers' financial and consumer debt is included under the "nonfarm" categories.
34 Comprises debt owed to banks for purchasing or carrying securities, customers' debt to brokers, and debt owed to life insurance companies by policy holders.
Not available.
Sources: U. S. Department of Agriculture, Bureau of Agricultural Economics; Board of Governors of the Federal Reserve System; U. S. Department of Commerce, Office of Business
Economics.
(Continued from p. 9)
which are treated as a single entity; and (3) within the
corporate area, those affiliated but legally distinct corporations which operate under a single management. In the
noncorporate private area, data are gross throughout with
no adjustments for duplications.
The net debt concept, then, depends upon the definitions
employed in measuring gross and duplicating debt. Gross
debt, as defined in this study, consists of all classes of legal
indebtedness except the following: (1) the deposit liability
of banks and the amount of bank notes in circulation;
(2) the value of outstanding policies and annuities of life
insurance carriers; (3) the short-term debts among individuals and unincorporated nonfinancial business firms; and
(4) the nominal debt of corporations, such as bonds which
are authorized but unissued, or outstanding but reacquired.
Duplicating debt may best be described with reference to
the sectors mentioned above. Within the Federal Government and its corporations and agencies, duplicating debt
consists of Federal holdings of Federal obligations. Within
the State and local government area, State and local govern(Continued on p. 14)
I lew or
STATISTICAL SERIES
Revision of Business Sales and Inventories
New data that have become available in recent months
fill important gaps that have existed in the information
required for estimation of the Office of Business Economics
series on business sales and inventories. As a result, the
annual process of revising sales and inventories, which
ordinarily would modify previously published figures only
moderately, has this year involved a fairly extensive adjustment. This article discusses the newly available data and
their effect on the estimates.
The 1946 Statistics of Income tabulations have provided
the first postwar bench mark data for corporations, while the
Bureau of Internal Revenue compilations for sole proprietors
and partnerships in 1945, also recently completed, include
comprehensive information on unincorporated business for
the first time since 1939. Revised estimates of the business
population have further modified the population adjustments
in the new figures.
The revisions bring the business sales and inventories into
line with the current national income and product statistics
published in the July 1949 issue of the SURVEY of CURRENT
BUSINESS. The new inventory estimates were at that time
already incorporated in the "changes in inventories'' component of gross private domestic investment.
The revised estimates are shown in the chart and presented
for the years 1939 to 1948 in the accompanying tables.
Current data will be found in the statistical tables of this
SURVEY. Monthly figures prior to 1946 are as yet available
only for wholesale and retail trade. These may be obtained
on request from the Office of Business Economics.
As was indicated in describing the revisions last year,
there are a number of sources of data and a variety of procedures used in
estimating the manufacturing, wholesale and
retail sectors.1 The current revisions will be discussed separately for each of these three categories.
Bureau of Internal Revenue figures for 1945; this is reflected
in the upward adjustment to sales during the war years.
The increase in number and activity of unincorporated
businesses was in part the result of a substantial shift from
the corporate to the noncorporate form of legal organization
which occurred during the war. This led to an understatement in the old estimates at the end of the war which was
maintained in the postwar period. The absence of postwar
corporate benchmarks accounts for the failure of an offsetting
effect to appear as many firms reincorporated after the repeal
of the wartime excess profits tax.
The second factor is the large influx of new businesses
after the end of the war, requiring an increase in the allowance
for changes in the business population.
Chart 1.—Business Sales and Inventories
BILLIONS OF DOLLARS
250
MANUFACTURING
WHOLESALE
TRADE
RETAIL TRADE
200
SALES *J
150
100
50
INVENTORIES^
INVENTORIES ^
Manufacturing
The present revision of manufacturers' sales and inventories goes back to 1942, and involves other considerations
than the usual annual adjustment on the basis of the most
recent Statistics of Income information. These include the
following: (1) the industry classification and the weighting
of the reporting sample have been placed on a postwar
basis starting with 1946; (2) use has been made of new data
on unincorporated firms and on the business population;
and (3) it was decided to publish seasonally adjusted dollar
values of sales instead of the indexes heretofore published,
which were based on a 25-day work-month; also adjusted
dollar values of inventories replace the unadjusted indexes
which have been published up to the present.
The new estimate of manufacturers' sales for 1948 is $228
billion, raising the previously published figure of $211 billion
by 8 percent. The higher level of sales results primarily
from two factors.
The first, and more important, is the rapid growth of
noncorporate business during the war, as shown 'by the
NOTE: This report was prepared by the Business Structure Division, Office of Business
Economics.
* Descriptions of the estimation procedures may be found in the following issues of the
SURVEY or CURRENT BUSINESS; manufacturing, May 1948; retail trade, June 1948; wholesale
trade, August 1948.
12
INVENTORIES
\
1939 41
U.S. DEPARTMENT
43
45
47
1939 41
43
45
L*J
47
1939 41
43
OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
45
47
49-322
1 Total for the year.
2 Book value at end of year.
Source of data: U. S. Department of Commerce, Office of Business Economics.
As with sales, the 1942-45 revisions in the book value of
manufacturers7 inventories are entirely attributable to the
increase for unincorporated firms, while the subsequent
changes in movement are due in the main to adjustments for
changes in the business population. These upward revisions
bring the figure for the value of manufacturers' inventories
on December 31, 1948, to $34.2 billion, compared with the
previously estimated $31.7 billion.
Periodic tabulations of Bureau of Internal Revenue partnership and proprietorship data will henceforth provide a
continuing source of comprehensive data on unincorporated
business. This should prevent the future occurrence of
accumulated divergencies in the estimates resulting from the
absence over a period of years of benchmark figures for this
sector.
Although the revisions have resulted in an appreciable
upward adjustment in the level of manufacturers' sales and
October 1949
SURVEY OF CURRENT BUSINESS
inventories, it should be noted that the new and the old
figures are generally in close agreement with regard to monthto-month movements. Furthermore, the indications the new
data provide about the postwar position of inventories ia
relation to sales, are about the same as that shown by the
former data. This is true in spite of the change to a postwar basis in classifying and weighting the sample reports
from which the estimates are derived.
Industry classification
Since the inception of the series on manufacturers' sales
and inventories, the method of estimation has implicitly
carried all firms in accordance with their prewar industry
classification, except to the extent that this was disrupted by
consolidations or mergers. It was felt that such a series
would be more useful than one in which the figures by industry groups reflected year-to-year shifts in classification of
firms due to temporary changes in their principal activity.
It was recognized, however, that the decision to carry
companies on a fixed classification would necessitate periodic
revisions of classification, since otherwise the cumulative
effect of industry shifts might produce a marked disparity
between actual patterns and those based on a fixed classification method of estimation. With the acceleration of industry
changes produced by the war, it has appeared advisable at
this time to change the postwar estimate to an industry
classification based on the principal activity in 1946. The
estimates through 1945 remain on a prewar classification.
A revision in classification may introduce a noticeable discontinuity in the series for individual industries. Thus, in
the present case the changes from 1945 to 1946 in the figures
for a given industry will reflect not only the changes in sales
or inventories for the body of firms remaining in the same
industry, and the changes due to births and deaths of companies but also the changes due to the reassignment of
companies into or out of that industry. The choice of the
year 1946 for the shift to a postwar basis has the advantage
of placing this discontinuity at a point where it is least likely
to interfere with meaningful comparisons.
The change in classification brings with it implicit changes
in the weighting of the sample reports. Increased industry
detail is being carried in the computations in preparation for
breaking a number of industries into subgroups. At the
present time, however, the only additional industry groups
being published are lumber and apparel, previously combined
with "other durable goods" and "other nondurable goods"
respectively.
Wholesale trade
The current revisions of the wholesale sales and inventories
series go back to 1939, and utilize the recently available
data for 1945 sales and stocks of sole proprietorships and
partnerships. In addition, the sales estimates are now based
on a more complete use of the annual corporate reports to
the Bureau of Internal Revenue. Except as noted below,
there has been no change in the methods of monthly interpolation and extrapolation as described in the August 1948
SURVEY.
The result of these revisions has been a sizable upward
correction in the estimates. These higher levels of both
sales and inventories arise primarily out of a systematic
understatement in the old series of the noncorporate position
during the war years, similar to that already noted in manufacturing.
The new series utilize as bench marks the Bureau of
Internal Revenue's compilations of noncorporate sales in
1945 and noncorporate inventories at year-ends 1944 and
1945. The interpolations of the totals between these bench
marks and those for 1939, derived from the Census of Busi-
13
ness for that year, are based on the changes shown by the
Bureau of the Census' monthly reporting panel of wholesalers. In correcting these changes to those shown by the
bench marks, it was assumed that all the discrepancy occurred
in the war period—and that one-half of the discrepancy
arose in 1942, when a large number of corporations shifted
to a noncorporate status.
The corporate data on wholesale trade released in Part 2
of the annual Statistics of Income contain series covering 11
specific lines of trade and an aggregate for all the unspecified
lines. The revised sales series are based on both sets of
statistics whereas in deriving the earlier estimates only the
data on specific lines were incorporated. This method provides in those years where Statistics of Income data are
available a controlling total for a significant part of wholesale
sales.
A special adjustment was made in the wholesale automotive series. Most new motor vehicles in the prewar period
were wholesaled by subsidiary sales corporations of the
manufacturers. However, with the resumption of motor
vehicle output after the war, most companies had reorganized
into a divisional rather than subsidiary corporation system.
These sales are, therefore, included in the corporate
reports
of manufacturers rather than in wholesalers7 sales. The
present wholesale series, therefore, excludes new motor
vehicle sales after early 1942.
The present series, like the former ones, utilize data from
the Bureau of Census' panel of service and limited-function
wholesalers for monthly interpolation of both the service and
limited-function wholesalers and the total wholesale trade
series. In the case of coal and petroleum bulk stations, however, the service and limited-function wholesalers' samples
have been supplemented by consumption data.
These interpolating series are derived by multiplying
physical volume data (from the Bureau of Mines) on coal
and petroleum by related price data from the Bureau of
Labor Statistics and the American Petroleum Institute,
respectively. The Bureau of Agricultural Economies'
estimates of the cash income of farm operators are, with a
1 month lag, used as a monthly interpolator of the wholesale
sales of farm products—raw materials.
Retail trade
The annual adjustment of the estimates of retail store sales
which is usually derived from the most recently available
data on sales tax collections was supplemented this year by
revisions of several component series for back years. The
food, eating and drinking and motor vehicle groups were
revised beginning with 1943, and "other retail" starting
with 1945.
The principal source for these additional changes was the
1945 partnership and proprietorship data. Since the retail
trade estimates are on an establishment basis, the company
data could not be applied directly to determine the adjustment. However, after allowance for differences in coverage
and classification, downward revisions for sales of food stores
and eating and drinking places and an increase in sales of
motor vehicle dealers were indicated. The magnitudes of the
revisions were checked in various ways, primarily by using
available quantity data and adjusting for price changes.
The changes in the "other retail" group reflect differences
in the allowance for growth in the business population.
Some quantity figures were employed in revising sales of
feed and farm stores in this group.
In addition, revisions of department store sales by the
Board of Governors of the Federal Reserve System have been
incorporated starting in 1947.
Although the individual groups involved undergo substantial changes in some cases, the effect on total retail sales is
SURVEY OF CUKKENT BUSINESS
14
quite small. The greatest difference of the new figures from
the earlier estimates is about 1 percent, and in 1948 the old
and new estimates are practically identical.
The estimates of year-end retail inventories (as noted in
the May 1948 SURVEY) are derived by applying stock-sales
ratios by legal status within each line of trade to related
sales data.
The present revisions, in addition to adjustment for
changes in the sales levels, utilize new estimates of noncorporate stock-sales ratios in the 1939-48 period and of
corporate stock-sales ratios after 1945.
Noncorporate stock-sales ratios for each line of trade in
1939 and 1945 were taken from the 1939 Census of Business
and the 1945 partnership and proprietorship compilations.
These ratios were interpolated in the 1940-44 period and
extrapolated for 1946 and 1947 by use of the Bureau of the
Census' annual samples of indepedent stores' sales and
inventories. The extrapolations to 1948 were based on data
from a special sample of independent stores drawn from the
as-yet-incomplete 1948 Census of Business. The corporate
stock-sales ratios were adjusted by the newly available data
on retail corporations for the year 1946.
Seasonal adjustment
With this revision, all the series on monthly sales and
inventories in manufacturing and trade have had seasonal
factors computed, and, starting with this issue, seasonally
adjusted dollar values will be presented in the table on page
S-3. The values of manufacturers' sales and inventories by
industry group, unadjusted, will not be printed, but are
av tilable upo L request.
The use of the adjusted values has the advantage of
removing much of the month-to-month variation in the
series due simply to the seasonal character of the period, and
thus the underlying trends can be discerned more easily.
It is well known, however, that seasonal patterns in many
industries were disrupted by the war, and that disturbances
in the postwar period have interfered with the emergence of
typical seasonal behavior. Under these circumstances, the
seasonal adjustments employed must be considered as
tentative, and subject to modification when more time has
elapsed and the seasonal patterns have crystallized.
Comparisons with other series
In attempting to relate the values of sales and inventories
as given here to other series on sales and inventories, it should
be remembered that the totals, and to a lesser extent the
movements, are affected by differences in the concepts and
scope which the series reflect. The selection of a basic unit
of measurement—whether it is the establishment, the
company or the consolidated organization—changes the
coverage of activities included in manufacturing, beside its
(Continued from p. 11)
ment securities held in sinking, trust, or investment funds
by either the issuer or other entities within the sector are
considered duplicating debt and eliminated. In the private
corporate area, duplicating debt is defined as owed to other
members of an affiliated system.
Thus, to arrive at net debt, each sector except the noncorporate is adjusted to a net basis by certain consolidations
within the sector. A summation of the consolidated estimates for each sector yields the total for net public and
private debt.
The net debt concept for each of the four sectors can be
October 1949
more obvious influence on industry classification within the
manufacturing or trade sector or on the amount of duplication in sales resulting from the treatment of intra-company
transactions.
The Office of Business Economics series on manufacturerssales and inventories, tied as they are to the benchmarks
provided by the Statistics of Income data, are necessarily on
a company basis. Consolidation occurs to the extent that
corporations make consolidated reports to the Bureau of
Internal Revenue.
Sales and inventories figures from the Census of Manufactures are obtained on an establishment basis. In combining
such Census data, each reporting unit in manufacturing is
assigned to its own industry classification rather than to that
of the parent company, which may have a different classification and may in some cases not even be a manufacturing
firm. In the same way, an establishment of a manufacturing company is not counted in the Census when the principal
activity of such an establishment is something other than
manufacturing—distributive, extractive, financial, etc.—
whereas the establishment would be included in the reports
to the Bureau of Internal Revenue.
Although the data needed for a complete reconciliation of
manufacturers' sales and inventories between the establishment and the company basis are not available, such studies
as have been made indicate that the differences in level or
in movement reflect in the main the underlying distinction
between the two bases, and cannot be attributed primarily
to statistical limitations.
The manufacturing sales and inventories data cover both
corporate and noncorporate business, and so cannot be
directly compared either with the Statistics of Income corporate data or the figures given in the Quarterly Industrial
Financial Report Series, published jointly by the Federal
Trade Commission and the Securities and Exchange Commission. A more extended discussion of conceptual differences can be found in the May 1948 SURVEY.
Unlike the manufacturing series, the trade statistics,
which are largely tied to Census of Business bench marks,
are on an establishment basis. However, some adjustments
of the Census base have been made as described in the
August 1948 SURVEY.
Other data
Figures on manufacturers' inventories by stage of fabrication not adjuted for seasonal variation are given by months,
starting with January 1946. Data for prior years have not
yet been revised, and will be presented later. This holds
also for the monthly data on manufacturers' sales and total
inventories for the years 1942 to 1945.
The revision of the estimates of new and unfilled orders
is not yet completed. The new series are expected to appear
later.
summarized as follows: Federal government net debt is that
owed to all other sectors of the economy except the Federal
government proper and its corporations and agencies; State
and local government net debt is that owed to all other
economic entities except State and local governments; corporate net debt is that owed to all other entities (including
corporations) except to corporate members of an affiliated
system; and private noncorporate net (or gross) debt is the
summation of all forms of legal indebtedness except that
among individuals and unincorporated nonfinancial business firms. Data showing adjustments for duplication involved in passing from gross to net debt are given in detail
in tables 3, 4, and 5.
SURVEY OF CUREENT BUSINESS
October 1049
15
Table 1.—Business Sales and Inventories Seasonally Adjusted
[Billions of dollars]
Business inventories book value
Business sales
Manufacturing
Years and months
Total
Total
Wholesale trade
Dura- Nondurable Total
ble
goods goods
Dura- Nonduable
rable Total
goods goods
Manu fac turing
Retail trade
Dura- Nondu- Total
ble
rable
goods goods
Total
Wholesale trade
Dura- NTonduble
rable Total
goods goods
Retail trade
Dura- Nondurable Total
ble
goods goods
Dura- Nonduble
rable
goods goods
1939
1940
1941
1942
1943
133.3
150.2
196.9
230.8
268.5
61.2
70.2
98.0
125. 1
153.9
22.4
28.7
44.3
60.0
79.3
38.8
41.5
53.7
65.1
74.5
30.1
33.6
43.4
48.1
51.3
7.2
8.9
12.0
10.3
9.3
22.9
24.7
31.4
37.8
42.0
42.0
46.4
55.5
57.6
63.3
10.4
12.4
15.6
10.3
9.9
31.7
34.0
39.9
47.4
53.5
20.2
22.1
28.8"
31.1
31.2
11.5
12.8
17.0
19.3
20.1
5.2
6.1
8.4
10.1
10.8
6.3
6.7
8.6
9.2
9.3
3.2
3.3
4.2
3.9
3.7
1.0
1.1
1.3
1.0
.9
2.2
2.2
2.9
2.9
2.8
5.5
6.0
7.6
7.9
7.4
1.8
2.1
2.7
2.4
1.9
3.7
3.9
4.9
5.5
5.5
1944
1945
1946
1947
1948
___ 288.9
290.2
333.6
416.9
458.6
165.4
154.6
154.1
204.9
228.3
84.5
72.6
57.3
82.5
94.6
80.9
82.0
96.8
122.4
133.7
54.7
59.8
79.2
93.1
100.3
10.0
10.8
16.6
22.3
25.5
44.7
49.0
62.6
70.8
74.8
68.8
75.8
100.3
118.9
130.0
10.6
12.3
22.6
32.1
38.0
58.2
63.5
77.7
86.8
92.0
30.9
30.5
42.7
51.7
58.6
19.5
18.4
24.8
29.8
34.1
10.1
8.5
11.7
14.2
16.2
9.4
9.8
13.1
15.6
17.9
4.0
4.6
6.7
8.7
9.5
1.0
1.2
2.0
2.7
3.3
3.0
3.4
4.7
6.0
6.2
7.4
7.5
11.2
13.2
15.0
1.8
1.9
3.4
4.7
5.8
5.6
5.6
7.8
8.5
9.2
24.0
23.9
24.7
26.2
27.0
26.6
10.8
10.4
11.1
12.2
12.6
12.3
3.8
3.3
3.8
4.4
4.6
4.5
7.0
7.1
7.3
7.8
8.0
7.8
5.8
5.9
5.9
6.1
6.3
6.2
1.1
1.1
1.2
1.2
1.3
1.3
4.7
4.8
4.7
4.9
5.0
4.9
7.4
7.6
7.7
7.9
8.1
8.1
1.4
1.4
1.5
1.7
1.8
1.8
6.0
6.2
6.2
6.2
6.3
6.4
31.0
31.6
32.3
32.9
33.8
34.7
18.6
18.9
19.3
19.7
20.1
20.6
8.7
8.8
9.1
9.3
9.5
9.8
9.9
10.2
10.3
10.4
10.6
10.7
4.6
4.7
4.8
4.8
5.0
5.0
1.2
1.2
1.3
1.3
1.4
1.5
3.4
3.5
3.5
3.5
3.6
3.5
7.8
8.0
8.2
8.4
8.7
9.1
2.0
2.2
2.1
2.2
2.3
2.5
5.8
6.0
6.1
6.2
6.4
6.6
28.6
29.9
29.0
30.2
31.5
31.9
13.3
13.9
13.1
14.0
15.1
15.3
5.2
5.4
5.2
5.6
5.8
5.8
8.1
8.5
8.0
8.4
9.3
9.5
6.8
7.0
7.1
7.3
7.3
7.4
1.4
1.5
1.5
1.6
1.6
1.7
5.4
5.5
5.6
5.7
5.7
5.7
8.5
9.0
8.8
8.9
9.1
9.2
1.9
2.1
2.2
2.2
2.2
2.4
6.5
6.9
6.7
6.6
6.8
6.9
36.6
38.1
39 2
4LO
41.9
42.7
21.6
22.3
23.0
24.0
24.5
24.8
10.2
10.5
10.9
11.2
11.5
11.7
11.4
11.8
12.1
12.8
13.1
13.1
5.4
5.8
6.0
6.4
6.5
6.7
1.6
1.6
1.7
1.8
1.9
2.0
3.8
4.2
4.3
4.6
4.6
4.7
9.6
10.0
10.2
10.6
10.9
11.2
2.6
2.8
2.9
3.1
3.3
3.4
7.0
7.2
7.3
7.5
7.6
7.8
33.0
33.3
33.4
33.8
34.4
34.1
16.2
16.3
16.4
16.7
17.1
16.8
6.5
6.5
6.5
6.8
6.9
6.8
9.7
9.8
10.0
9.9
10.1
10.0
7.6
7.6
7.5
7.4
7.5
7.5
1.7
1.8
1.8
1.8
1.9
1.8
5.9
5.8
5.7
5.6
5.6
5.7
9.2
9.4
9.5
9.7
9.8
9.8
2.4
2.5
2.5
2.6
2.5
2.6
6.8
6.9
7.0
7.1
7.2
7.2
44.3
45.3
46.5
47.5
47.9
48.7
25.8
26.3
26.9
27.6
28.1
28.5
12.2
12.5
12.8
13.1
13.3
13.6
13.6
13.8
14.1
14.5
14.8
14.8
7.0
7.2
7.7
7.8
7.9
8.1
2.1
2.2
2.3
2.4
2.5
2.5
4.9
5.0
5.4
5.4
5.4
5.5
11.5
11.8
11.9
12.1
11.9
12.1
3.7
3.9
4.1
4.2
4.2
4.2
7.8
7.9
7.8
7.9
7.7
7.9
34.7
34.1
35.9
36.9
36.0
37.0
17.1
16.8
17.6
18.2
17.5
18.2
6.8
6.6
7.1
7.4
7.1
7.5
10.3
10.1
10.5
10.8
10.4
10.7
7.7
7.4
8.0
8.4
8.0
8.2
1.8
1.8
1.9
2.0
1.9
2.0
5.9
5.6
6.1
6.4
6.1
6.2
9.9
9.9
10.3
10.3
10.5
10.6
2.6
2.6
2.9
2.9
2.9
3.0
7.3
7.2
7.4
7.4
7.6
7.6
48.9
49.4
49.8
50.3
50.8
51.7
28.6
28.9
29.0
29.2
29.6
29.8
13.8
13.9
14.0
14.1
14.2
14.2
14.8
14.9
15.0
15.0
15.4
15.6
8.2
8.5
8.6
8.6
8.6
8,7
2.6
2.6
2.6
2.6
2.6
2.7
5.6
5.9
6.0
6.0
6.0
6.0
12.1
12.0
12.2
12.5
12.6
13.2
4.2
4.2
4.4
4.4
4.5
4.7
7.9
7.8
7.8
8.1
8.1
8.5
37.1
37.3
38.0
38.0
37.4
39.1
18.2
18.5
18.8
18.6
18.6
19.5
7.3
7.5
7.8
7.5
7.6
8.0
10.9
11.0
11.0
11.1
11.0
11.5
8.3
8.2
8.4
8.4
8.2
8.7
2.0
2.0
2.1
2.1
2.1
2.2
6.3
6.2
6.3
6.3
6.1
6.5
10.6
10.6
10.8
11.0
10.6
10.9
3.0
3.0
3.2
3.2
2.9
3,1
7.6
7.6
7.6
7.7
7.7
7.7
52.4
53.0
53.7
54.0
54.4
55.4
30.0
30.3
30.7
31.0
31.5
32.2
14.3
14.4
14.5
14.6
14.7
15.0
15.7
15.9
16.2
16.4
16.8
17.2
8.7
8.7
8.7
8.8
8.8
8.9
2.7
2.7
2.8
2.9
2.9
3.0
6.0
6.0
5.9
5.9
5.9
5.9
13.7
14.0
14.3
14.2
14.1
14.3
4.9
5.0
5.3
5.1
5.1
5.2
8.8
9.0
9.0
9.1
9.0
9.1
38.5
39.2
39.4
38.0
38.6
38.3
19.0
19.7
19.9
19.0
19.6
19.1
7.7
8.1
8.4
8.0
8.4
8.3
11.2
11.6
11.5
11.0
11.3
10.7
8.6
8.5
8.5
8.1
8.2
8.2
2.1
2.2
2.3
2.1
2.1
2.0
6.5
6.3
6.2
6.0
6.1
6.2
10.9
11.0
11.0
10.9
10.8
11.0
3.2
3.4
3.3
3.2
3.2
3.3
7.7
7.7
7.7
7.7
7.6
7.7
56.2
56.7
57.9
58.1
58.5
58.6
32.6
32.8
33.4
33. 5
33.8
34.1
15.1
15.3
15.5
15.6
15.9
16.2
17.5
17.6
17.9
17.9
17.9
17.9
9.2
9.4
9.6
9.7
9.7
9.5
3.0
3.1
3.2
3.2
3.3
3.3
6.2
6.3
6.4
6.5
6.4
6.2
14.4
14.5
14.9
14.9
15.0
15.0
5.3
5.3
5.3
5.6
5.6
5.8
9.1
9.2
9.6
9.3
9.4
9.2
1946: January
February
March
April
May
June
-July
August
September
October
November
December
1947: January
February
March
April
M!ay
June
July
August
September
October
November
December
-
1948: January _
February
March
April
May
June
July
August
September _ - __
October
November
December
i Inventories are seasonally adjusted at end of period.
Source: U. S. Department of Commerce, Office of Business Economics.
Table. 2—Manufacturers' Sales and Inventories, 1939-48
[Millions of dollars]
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
Item
Sales
Manufacturing, total
61, 340 70, 313 98, 069 125, 158 153, 843 165, 387 154,481 154, 075 205, 105 228, 008 11,516 12,873 17, 024 19,348 20, 171 19,578 18,457 24,961 30, 006 34,250
Durable-goods industries.
_
22,454 28,736 44,307 59,985 79,329 84,481 72,504 57,333 82,597 94,713 5,172 6,127 8,352 10, 127 10,844 10, 145 8,545 11,644 14, 120 16, 109
Iron steel, and products
Nonferrous metals and products
Electrical machinery and equipment
Machinery, except electrical
Automobiles, and equipment
Transportation equipment, except automobiles
6,079
1,726
1,861
3,571
3,578
Lumber and basic timber products
Furniture and finished lumber products
Stone, clay, and glass products
Other durable goods industries
1,154 1,379 1,955
1,385 1,569 2,026
1,563 1,767 2,391
672
770 1,346
Nondurable-goods industries
_
Food and kindred products
Beverages
Textile mill products
Apparel
_ Leather and products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber products
Tobacco manufactures
Other nondurable goods industries
1
Data as of end of period.
Book value of inventories
7,678 11, 921 14, 563 16, 772 17, 795 16, 812 14, 170 20, 615 24, 134 1,543 1,741 1,956 2,197 2,167 2,057 2,117 2,460 2,984 3,538
2,120 3,065 3,411 4,595 4,755 4,463 4,889 6,639 7,368
421
492
512
941 1,039
389
573
868
625
625
2,483 3,769 4,550 5,734 7,104 6,302 5,698 8,772 9,493
412
824 1,027 1,106 1,069
854 1,502 1,832 1,982
509
4,697 7,390 10, 370 12, 286 12, 907 11, 640 9,815 13, 545 15, 278 1,038 1,234 1,750 2,144 2,028 2,026 1,854 2,586 3,196 3,597
4,697 6,530 7,956 13, 422 15, 096 11, 446 6,576 11, 540 13, 827
621
525
923 1,199 1,428 1,405 1,106 1,454 1,817 2,096
865 1,576 3,914 10, 233 16, 054 16, 015 11, 173
2,936
3,711
4,859
263
524 1,073 1,727 2,191 1,751
751
836
961
994
2,322
2,692
2,509
3,145
3,018
3,530
3,194
3,507
4,628
4,598
3,973
4,575
5,478
4,917
4,493
4,865
262
282
294
164
256
311
320
190
232
349
344
396
213
348
312
365
356
518
402
661
469
681
510
730
681
794
608
780
2,399
2,300
2,428
1,775
2,624
2,506
2,499
2,837
2,452
2,698
2,456
3,203
279
369
379
307
219
337
339
404
230
329
324
381
38,886 41,577 53,762 65,173 74,514 80,906 81,977 96,742 122,508 133,295 6,344 6,746 8,672 9,221 9,327 9,433 9,912 13,317 15,886 18, 141
11, 253 11, 776
1,842 1,987
4,020 4,368
3,202 3,427
1,318 1,371
1,785 2,064
2,512
4,339
5,266
1,072
1,334
943
2,679
4,858
5,520
1,154
1,430
943
15,047 19, 792 21, 295 22, 545 22, 309 26, 535 36, 590 37, 588 1,266 1,292 1,739 1,832 1,969 1,899 1,874 2,654 3,124 3,286
2,441 2,940 3,597 4,181 4,801 5,147 5,914 6,161
603
303
801 1,002 1,068
335
401
449
499
546
6,281 7,945 8,450 8,279 8,399 11, 054 13, 246 14, 697
916
996 1,233 1,332 1,204 1,223 1,321 1,834 2,125 2,467
4,602 5,753 6,470 6,882 7,305 10, 602 11, 239 12, 474
663
647
727 1,155 1,250 1,484
383
408
689
668
284
480
629
1,890 2,296 2,423 2,481 2,579 3,288 4,279 3,848
289
368
366
329
337
370
579
434
544
2,836 2,965 3,389 3,629 3,725 4,523 6,234 6,622
303
341
384
410
430
388
766
890
2,906
6,546
6,622
1,686
1,593
1,312
3,054
7,271
7,446
1,899
1,828
1,984
3,543 3,950 4,365 5, 416 6,301 6,711
8,809 10, 053 10, 126 11, 028 13, 608 14, 626
8,454 9,789 9,946 10,306 15, 052 20, 140
2,926 3,362 3,410 3,163 3,517 3,505
2,135 2,195 2,297 2,693 3,026 3,302
3,023 3,560 2,715 2,988 3,503 3,623
201
817
910
225
576
160
304
543
613
426
209
259
265
278
283
875 1,231 1,269 1,390 1,397 1,415 1,828 2,254 2,462
963 1,146 1,117 1,051 1,123 1,138 1,449 1,794 2,432
452
362
572
642
365
361
350
265
306
932 1,157 1,270 1,392 1,639
597
686
800
859
327
426
485
531
176
246
310
285
219
Source: U. S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
16
October 1949
Table 3.—Manufacturers' Sales and Inventories, 1946-48
[Millions of dollars]
Nondurable goods
s
1
£
s|
?l
£a
ft
^2
*
^
1
£
P
Petroleum and c
p roducts
"3
"o
03
Rubber products
It
o
1
Chemicals and al
products
02
OT
_fl
Printing and pubh
ing industries
H
'o ft
'S
Paper and allied pr
ucts
i
is
Textile mill product
3
Other durable
a
Furniture and finis
lumber products
Transportation equ
ment excluding au
mobiles
fti
Lumber and basic It
ber products
too
Automobiles and eqi
ment
1
Machinery exclud
electrical
I
*i
i
•§
Electric machinery a
equipment
Total manufacturin
Year and month
ft
Nonferrous metals a
products
*
bfl
Leather and produc
Durable goods
1
9a
3
1
d
,0
0
SALES
1946: January
February
March _ _ _ _ _
April
May
Time
10, 646
10, 012
11, 518
12, 153
12, 160
12,008
3,694
3,160
4,013
4,466
4,506
4,490
936
598
1,038
1,173
1,090
1,112
326
267
314
339
356
374
310
317
369
398
418
471
714
641
702
789
804
803
321
269
354
466
495
466
232
197
234
255
270
234
189
189
235
245
265
254
249
252
288
280
282
265
187
197
243
262
257
252
230
233
236
259
269
260
6,952
6,853
7,504
7,687
7,654
7,518
1,873
1,896
1,990
1,980
1,889
1,838
417
399
375
370
368
402
713
750
907
924
884
914
255
250
270
270
259
249
341
320
355
365
379
366
358
359
411
459
435
433
July
August
September
October
November
December
12, 190
13, 847
13, 469
15, 133
15, 393
15, 546
4,691
5,366
5,232
5,965
5,749
6,001
1,197
1,403
1,322
1,506
1,409
1, 385
379
461
447
526
551
548
453
794
533
848
825
539
951
609
602
929
679 1,016
594
669
676
760
747
761
238
247
249
255
240
287
238
263
255
302
279
303
264
320
316
350
328
337
267
303
292
325
310
298
266
320
310
381
355
388
7,499
8,481
8,238
9,169
9,644
9,545
2,063
2,551
2,227
2,393
2,932
2,903
453
786
735
902
863
438
474
965
916
494 1,164 1,045
470 1,084 1,040
912
488 1,047
215
278
282
257
364
339
345
391
368
433
430
431
16, 014
15, 698
17, 108
16, 807
16, 504
16, 489
6,361
6,207
6,832
7,017
6,790
6,794
1,598
1,504
1,685
1,723
1,685
1,669
539
536
599
591
560
531
651
661
727
720
703
733
1,030
1,045
1,133
1,150
1,139
1,178
827
839
914
966
910
934
284
264
309
324
321
343
367
352
378
401
408
347
396
370
383
384
365
328
304
279
321
371
329
339
365
357
383
388
370
392
9,652
9,491
10, 277
9,790
9,714
9,695
2,853
2,845
3,081
2,816
2,816
2,911
475
435
465
436
436
471
1,160
817
1,093
962
1,147 1,039
1,096
914
1,003
922
1,039
845
371
330
367
351
326
293
15, 702
_ 16, 740
18,008
19, 721
17, 779
18, 537
6,212
6,559
7, 166
7,938
7,017
7,703
1,557
1,722
1,826
1,986
1,760
1,900
455
489
546
617
590
586
637
687
752
848
781
873
1,027
1,079
1,138
1,259
1,103
1,265
927
878
1,030
1,160
1,007
1,148
275
268
325
348
315
337
330
377
411
435
401
421
331
380
402
442
385
433
322
331
352
391
304
333
351
349
387
453
372
409
9,490
10, 181
10, 841
11, 782
10, 762
10, 833
2,936
3,141
3,391
3,524
3,249
3,028
491
486
507
638
544
531
895
769
971
1,037
1,144
970
1,259 1,126
1,139
997
1,236
908
1948: January
February
March
April.
May
June _ _
18, 048
17, 835
19, 574
18, 638
17, 964
19, 093
7,144
7,210
8,217
7,716
7,411
7,993
1,836
1,780
2,041
1,885
1,855
1,985
561
546
614
599
589
614
720
753
852
807
733
780
1,126
1,205
1,354
1,278
1,249
1,362
1,012
1,041
1,191
1,114
1,047
1,148
321
340
420
386
368
430
453
429
483
456
441
468
460
458
462
409
374
387
302
286
367
386
367
396
354
372
434
396
390
423
10, 904
10, 625
11,357
10, 921
10, 553
11, 101
3,173
3,001
2,968
2, 891
2,880
3,107
440
427
480
507
462
497
1,230
1,280
1,392
1,264
1,201
1,271
July
August
September
October
November
December
17, 477
_ - _ 19,600
20, 336
20, 461
19, 495
19, 488
7,078
7,984
8,520
8,563
8,254
8,624
1,771
2,103
2,222
2,255
2,146
2,256
499
609
687
675
695
681
689
722
821
849
862
907
1,123
1,262
1,339
1,305
1,244
1,434
1,112
1,176
1,236
1,292
1,205
1,253
359
392
437
396
458
552
439
499
505
485
437
386
332
413
429
439
401
352
386
411
410
427
387
368
367
398
433
442
420
437
10, 400
11, 616
11,816
11,899
11, 241
10, 863
3,065
3,353
3,448
3,475
3,168
3,057
531
560
574
586
572
525
1947: January
February
March
April
May
June
July
_
_
August
September
October __ _
November
December
763
735
864
890
938
917
874
825
906
930
919
849
229
207
241
261
266
261
775
732
760
782
831
827
192
181
197
219
240
211
161
199
229
237
247
251
436
847
919
453
873
490
993
541
541 1,028
500 1,067
882
249
271
918
266
873
319
946
280
947
312 1,034
242
238
242
270
226
236
248
260
261
316
304
276
499
488
509
522
534
512
462 1,113
456 1,087
522 ,164
522 ,168
509 ,109
504 ,081
280
279
308
296
285
286
1,087
1,027
1,134
1,123
1,213
1,220
236
226
241
233
258
263
300
.265
300
315
302
270
342
363
378
429
356
374
465
518
543
590
520
535
472 ,035
522 ,073
588 ,173
605 1,283
575 1,146
564 1,177
274
285
305
335
302
282
1,278
1,273
1,287
1,382
1,390
1,638
265
253
272
269
241
268
268
259
284
342
304
294
993
1,039
1,188
1,132
972
1,068
377
367
375
306
273
267
559
538
587
564
546
554
471
485
566
533
539
551
1,214
1,147
1,242
1,261
1,208
1,229
263
247
276
290
282
316
1,668
1,573
1,684
1,603
1,630
1,658
246
238
272
266
264
292
270
282
327
306
295
292
992
1,220
1,266
1,259
1,187
1,134
858
1,111
1,137
1,086
1,078
811
271
358
348
340
287
280
490
570
559
580
553
523
504
566
646
632
610
606
1,127
1,255
1,283
1,292
1,200
1,169
313
324
307
319
282
286
1,686
1,712
1,643
1,716
1,685
1,882
285
309
284
271
295
279
278
277
320
342
323
312
INVENTORIES, BOOK VALUE
End of month:
1946: January
February
March
April
May
June
July
August
September
October _
November
December
1947: January
February
March
April
May
June
July
August
September
October
November
December
1948: January
February
March
April
May
June
July___
August
September
October
November
December
729
707
708
702
717
750
220
208
220
230
236
248
348
362
379
375
395
407
313
316
323
309
309
307
382
399
422
449
469
503
10, 104
10, 329
10, 375
10, 390
10, 530
10, 576
1,795
1,780
1,683
1, 595
1, 584
1,612
636
644
638
645
644
636
1,371
1,431
1,482
1,538
1,565
1,570
795
846
860
896
976
938
367
368
369
379
385
386
441
460
478
470
465
479
317
332
343
352
371
373
1,430
1,454
1,478
1,487
1,486
1,506
362
376
391
408
403
397
1,141
1,160
1, 184
1,188
1,212
1,249
1,217
1,230
1,210
1,167
1, 159
1,138
233
249
260
266
281
292
1,335
1,365
1,397
1,413
1,406
1,454
750
765
763
817
829
837
274
300
322
324
340
356
436
452
464
482
497
518
318
322
354
349
377
402
529
561
582
596
622
661
11, 286
11, 744
11, 969
12, 767
13, 100
13, 317
1,962
2,193
2,238
2,627
2,766
2,654
693
735
742
776
780
801
1,646
990
973
1,695
1,719
978
1,770 1,088
1,806 1,079
1,834 1, 155
428
405
388
413
444
480
507
533
546
549
542
544
384
397
394
398
405
426
1, 549
1,570
1,608
1,658
1,712
1,828
402
412
425
441
448
452
1, 280
1,330
1,388
1,424
1,451
1,449
1,143
1,172
1,195
1,244
1,270
1,270
302
329
349
378
397
426
2,713
2,759
2,819
2,891
2,964
3,003
1,520
1,593
1,663
1,683
1,752
1,795
864
907
923
953
990
977
366
370
381
382
392
408
541
554
575
586
586
600
417
440
458
454
462
468
672
697
724
738
747
759
13, 833
14, 044
14 225
14, 460
14, 578
14, 616
2, 6S6
2, 635
2,570
2, 525
2,520
2,471
835
854
884
897
925
923
1,918
1,959
2,021
2,077
2,030
1,974
1,266
1,307
1,295
1, 352
1,351
1,395
471
485
483
496
511
531
558
580
599
612
629
659
436
445
464
490
516
545
1,931
1,986
2,047
2,106
2,167
2,168
497
523
550
586
605
602
1,465
1,462
1,495
1,524
1,560
1,595
1, 315
1,324
1,317
1,293
1, 258
1,251
456
486
501
502
507
502
1,867
1.856
1,849
1,853
1,846
1,832
3,041
3,076
3,097
3, 154
3,174
3,196
1,812
1, 844
1,850
1,840
1,834
1,817
960
985
978
997
966
961
430
437
453
448
459
469
608
609
606
639
652
681
471
469
459
476
493
510
763
765
764
768
774
730
14, 747
14, 873
14, 780
14, 926
15, 410
15, 886
2,715
893
2,903
889
2,890
933
2,992
950
3,122
988
3,124 1,002
1,963
1,910
1,871
1,874
2,007
2,125
1,313
1,248
1,203
1,168
1,202
1,250
533
524
507
502
553
579
691
721
733
737
741
766
538
546
540
532
527
543
2,156
2,150
2,112
2,089
2, 144
2,254
583
562
537
538
530
572
1,630
1,677
1,702
1,733
1,752
1,794
1,234
1,241
1,263
1,315
1,341
1,392
500
503
489
495
502
485
946
963
978
979
990
988
1,847
1,865
1,898
1,902
1,922
1,937
3,275
3, 318
3,360
3,382
3,422
3,422
1,875
1,913
1,923
1,916
1,939
1,948
962
954
967
984
974
965
455
471
487
499
511
557
666
660
686
705
715
731
502
490
489
490
487
481
741 16, 047
756 16, 125
762 16, 295
776 16, 365
784 16, 617
781 16, 958
3,120
2,933
2,773
2,653
2,634
2,766
1,029
1,052
1,087
1,086
1,117
1,091
2,134
2,211
2,301
2,330
2,336
2,312
1,293
1,329
1,414
1,522
1,641
1,769
584
606
593
578
601
620
772
793
819
819
829
850
549
572
578
613
621
629
2,267
2,290
2,343
2,325
2,352
2,349
602
630
653
650
656
655
1,805
1, 846
1,874
1,918
1,993
2,059
1,414
1,397
1,389
1,396
1,369
1,379
477
467
470
475
469
480
1,016
1,036
1,059
1,059
1,033
1,039
1,949
1,953
1,975
1,976
1, 983
1,982
3,440
3,430
3,476
3,504
3,573
3,597
1,931
1,934
1,974
1,941
1,992
2,096
975
948
956
957
975
994
587
629
634
671
682
681
737
747
745
748
754
794
480
509
524
543
568
608
768 17, 372
761 17, 537
756 17, 719
764 17, 824
779 17, 941
780 18, 141
3,070
3,258
3,345
3,264
3,324
3,286
1,028
1,021
1,049
1,065
1,073
1,068
2,329
2,328
2,302
2.340
2,391
2,467
1,821
1,686
1,602
1, 551
1,467
1,484
627
621
592
593
615
629
881
889
905
902
894
890
628
631
627
615
603
613
2,338
2, 315
2,309
2, 338
2,377
2,462
643
637
641
634
643
642
2,133
2,203
2,271
2,344
2, 408
2,432
1,379
1,439
1,558
1,660
1,626
1,639
495
511
518
519
522
531
18, 733
19, 089
19, 480
19, 724
20, 084
20, 417
8,630
8,760
9,105
9,333
9, 554
9,841
2,118
2,114
2,171
2,172
2,193
2,252
891 1,892 1,099
637
941 1,934 1,135
646
998 2,018 1,171
694
713 1,069 2,076 1,240
733 1, 131 2,128 1,244
750 1,176 2,170 1,279
21, 484
22, 236
22, 806
23, 919
24, 502
24, 961
10, 198
10, 492
10, 837
11, 152
11, 402
11, 644
2,313
2,325
2,367
2,412
2,411
2,461
798
828
838
861
879
868
1,223
1,278
1,338
1,394
1,461
1,502
2,223
2,296
2,413
2, 505
2,581
2,586
25, 995
26, 519
27, 078
27, 576
28, 028
28, 244
12, 162
12, 475
12, 853
13, 116
13, 450
13, 627
2, 531
2,570
2,624
2. 681
2,741
2,785
955
958
981
983
994
986
1, 581
1,626
1, 705
1,766
1,821
1,847
28, 539
28, 789
28, 724
29, 012
29, 520
30, 006
13, 792
13, 916
13, 943
14, 086
14, 110
14, 120
2,845
2,878
2,893
2, 917
2,943
2,984
996
997
995
994
969
941
30, 291 14, 244
30, 519 14, 394
30, 860 14, 566
31, 024 14, 658
31, 484 14, 868
31, 962 15, 005
2,976
3,004
3,017
3,026
3,123
3,195
_ 32,535 15, 163
32, 791 15, 254
33, 168 15, 449
33, 386 15, 561
33,763 15, 822
34, 250 16, 109
3,281
3,308
3,350
3,398
3,485
3,538
Source: U. S. Department of Commerce, Office of Business Economics.
SUKVEY OF CUEEENT BUSINESS
October 1949
17
Table 4.—Manufacturers' Sales and Inventories, 1946—48
[Millions of dollars, seasonally adjusted]
Other nondurable
3
Tobacco manufactures
W
Petroleum and coal
products
1
e»
Rubber products
6
1
1
Chemicals and allied
products
I
02
1
£
<D
Printing and publishing industries
3
'd
>te
«
1
ft
Paper and allied products
<o
43
3&2
Apparel and related
products
'd
rt+2
Textile mill products
and kindred
products
'HJQ
Food
I
Furniture and finished
lumber products
"o
EH
Lumber and basic lumber products
"o
H
Nondurable goods
Transportation equipment excluding automobiles
•a
"oS
f
Automobiles and equipment
§<2
1
&
Machinery excluding
electrical
T3
Electric machinery and
equipment
Year and month
ia
be
_g
£
3
Nonferrous metals and
products
Durable goods
SALES
10, 799
10, 383
11,066
12, 181
12, 621
12, 268
1946: January
February.
March
April
May
June
3,774
945
3,299
632
3,804
988
4,367 1,161
4,598 1,102
4,491 1,110
331
279
296
333
364
386
323
325
346
389
440
478
756
668
671
775
797
768
330
278
335
454
524
474
240
211
212
242
268
214
177
189
220
235
260
267
224
236
269
279
304
298
205
235
243
240
259
243
244
246
225
260
280
254
7,024
7,083
7,263
7,814
8,023
7,777
1,910
1,975
1,993
2,127
2,090
1,955
458
725
429
712
384
791
394
881
387 1,000
415
935
765
728
803
901
924
945
227
242
247
282
297
303
343
332
336
350
365
361
409
421
423
467
453
455
839
836
866
891
936
869
734
236
753
222
236
738
257
801
258
832
247 «839
207
208
208
228
230
201
171
224
239
235
254
253
13, 309
July
August. _ -_ _ 13, 922
September
13, 150
October
_ _ .. 13, 973
November
15, 146
December.
15, 280
5,160
5, 439
5,153
5,574
5,821
5,803
1,307
1,373
1,285
1,405
1,447
1,382
457
482
445
487
509
516
517
566
541
568
584
608
857
865
817
919
970
950
610
682
664
700
764
750
264
267
250
261
252
265
264
263
254
287
294
323
315
310
310
320
332
340
271
289
280
290
318
309
298
332
309
337
352
360
8,149
8,483
7,997
8,399
9,325
9,477
2,151
2,512
2,039
2,140
2,801
2,874
969
450
898
445
953
847
962
433
884
429 1,062
937
422 1,067
974
500 1,032 1,005
250
265
269
244
346
329
372
391
381
423
428
443
499
930
457
945
448
885
439
942
469 1,032
471 1,065
263
277
275
294
288
305
886
923
920
953
975
959
234
226
239
255
224
229
249
243
262
282
300
265
16, 211
16, 268
16, 441
16, 703
17, 050
16, 787
6,492
6,477
6,471
6,785
6,937
6,794
1,612
1,594
1,604
1,705
1,704
1,666
546
557
563
574
570
549
679
678
678
704
740
744
1,089
1,090
1,085
1,130
1,130
1,127
852
866
865
941
963
952
295
282
280
306
318
313
342
353
354
384
400
364
356
348
357
383
394
369
334
333
321
340
332
327
386
376
366
389
386
383
9,718
9,792
9,970
9,918
10, 113
9,993
2,898
2,957
3,087
2,968
3,029
3,041
520
468
476
464
459
486
1,097
1,056
1,049
1,085
1,068
1,060
879
936
920
888
964
879
330
318
337
366
374
356
502
507
482
500
514
504
528
535
537
531
530
529
1,072
1,101
1,112
1,120
1,126
1,105
289
299
302
291
276
271
1,029
1, 057
1,101
1,151
1,214
1,238
254
260
256
241
248
251
318
299
313
312
312
273
July
August.
September
October
November
December
17, 098
16, 787
17, 593
18, 236
17, 547
18, 193
6,820
6,649
7,063
7,427
7,112
7,465
1,701
1,686
1,774
1,853
1,806
1,896
548
512
545
572
546
553
727
728
754
791
758
781
1,108
1,101
1,127
1,217
1,151
1, 183
952
894
1,012
1,069
1,030
1,132
305
293
327
356
330
312
366
378
408
415
422
448
394
380
394
405
390
437
327
316
338
348
312
346
393
362
385
401
368
379
10, 278
10, 138
10, 530
10, 809
10, 434
10, 728
3,072
3,040
3,120
3,147
3,106
3,011
488
495
463
555
489
543
1,104
940
1,097
956
1,139
935
1,149 1,008
1,121
932
1,219 1,001
398
350
361
405
339
363
503
518
562
577
518
550
540
527
538
492
498
531
1,137
1,103
1,189
1,215
1,151
1,175
290
291
315
309
311
276
1,282
1,281
1,356
1,393
1,431
1,518
255
240
269
254
239
260
268
242
285
305
300
281
1948: January
February ... ___
March
April
May
June
18, 229
18, 470
18, 761
18, 631
18, 574
19, 454
7,281
7,516
7,779
7,534
7,569
7,998
1,852
1,887
1,942
1,863
1,876
1,982
568
568
578
583
600
635
751
771
795
789
771
792
1,191
1,257
1,295
1,256
1,238
1,305
1,043
1,074
1,126
1,086
1,108
1,171
334
364
380
362
364
392
423
429
452
436
432
491
414
430
430
408
404
436
332
342
366
354
370
382
374
,393
415
398
406
413
10, 947
10, 954
10, 982
11,097
11, 004
11, 457
3,228
3,125
2,967
3,086
3,133
3,282
483
459
492
540
486
513
1,165
1,237
1,274
1,252
1,280
1,296
1,063
1,012
1,052
1,103
1,017
1,109
335
354
342
319
313
323
563
559
556
541
525
545
539
569
583
543
562
578
1,169
1,162
1,186
1,208
1,226
1,256
271
265
270
285
273
299
1,580
1,621
1,633
1,641
1,632
1,682
265
273
288
276
254
278
286
319
340
303
304
295
July
August
September
October
November
December
18, 973
19, 652
19, 902
18, 978
19, 648
19, 065
7,749
8,093
8,394
8,014
8,369
8,341
1,933
2,059
2,160
2,105
2,203
2,251
601
639
687
627
644
640
787
765
823
792
837
812
1,207
1,287
1,326
1,262
1,298
1,340
1,141
1,197
1,215
1,191
1,232
1,235
396
427
437
404
476
510
487
500
501
462
460
411
395
413
421
402
406
355
392
392
394
380
397
382
411 11,114
413 11, 559
431 11, 508
391 10, 964
416 11, 279
405 10, 724
3,210
3,226
3,176
3,117
3,029
3,036
527
570
525
511
514
537
1,223
1,286
1,259
1,148
1,530
1,116
1,032
1,098
1,096
976
1,009
894
313
343
332
321
277
272
529
570
578
567
551
538
577
571
591
514
528
571
1,238
1,289
1,300
1,225
1,205
1,167
331
331
317
294
291
280
1,691
1,722
1,733
1,731
1,735
1,742
275
293
280
256
292
272
279
259
322
305
318
298
1947 : January
February
March
April
May
June
_ _
INVENTORIES, BOOK VALUE
End of month:
1946: January
February
JVIarch
April
May
June__
July
Augusty
September
October
November
December
1947: January
February
March
April
MayJune
July
August
September
October
November
December
1948: January
February
March
April
May
June
July
August
September
October
November
December
18, 567
18, 935
19, 335
19, 703
20, 076
20, 586
8,667
8,780
9,079
9,308
9,455
9,840
2,130
2,136
2,200
2,203
2,192
2,251
638
901 1,882 1,112
648
948 1,925 1,128
687
990 2,011 1,153
712 1,057 2,058 1,232
729 1,111 2,104 1, 212
757 1,161 2,179 1,265
741
711
707
692
701
747
223
213
225
238
245
255
346
364
375
370
393
409
304
307
314
306
309
319
389
400
419
441
459
498
9,900
10, 156
10, 256
10, 395
10, 621
10, 746
1,696
1,763
1,742
1,751
1,784
1,818
614
635
639
643
649
648
1,362
1,400
1,419
1,456
1,519
1,588
798
837
860
882
927
845
361
356
368
383
381
382
446
462
477
478
474
484
332
343
347
356
365
363
1,403
1,425
1,434
1,455
1,458
1,495
365
373
380
393
388
391
1,141
1,160
1,184
1,188
1,212
1,249
1,150
1,153
1,150
1,143
1,180
1,183
233
248
257
266
284
301
21, 568
22, 290
22, 964
24, 024
24, 520
24, 818
10, 166
10, 497
10, 856
11, 186
11, 459
11, 710
2,284
2,309
2,356
2,402
2,410
2,450
790
816
827
853
890
901
1,214
1,279
1,343
1,405
1,473
1,530
2,239
2,324
2,429
2,509
2,574
2,601
1,322
1,361
1,396
1,442
1,450
1,479
753
767
774
813
831
840
272
290
310
316
331
348
435
454
473
487
502
509
331
335
362
357
372
381
527
562
587
604
626
672
11, 401
11, 793
12, 108
12, 837
13, 062
13, 108
2,022
2,094
2,095
2,469
2,532
2,430
711
742
761
774
770
796
1,672
1,749
1,808
1,856
1,846
1,832
935
980
1,030
1,149
1,169
1,214
414
408
413
437
446
465
509
522
538
539
538
544
364
376
383
400
422
444
1,559
1,605
1,666
1,723
1,762
1,809
406
415
438
453
465
458
1,280
1,330
1,388
1,424
1,451
1,449
1,220
1,240
1,238
1,241
1,274
1,255
312
331
351
374
388
412
25, 771
26, 337
26, 899
27, 586
28, 085
28, 466
12, 212
12, 497
12, 797
13, 061
13, 331
13, 621
2,545
2, 592
2,651
2,711
2,738
2,778
957
960
971
981
988
995
1,598
1,639
1,692
1,746
1,789
1,823
2,699
2,746
2,808
2,866
2,929
3,014
1, 539
1,583
1,636
1,672
1,735
1,775
878
911
919
935
965
976
370
378
388
397
408
420
538
559
569
577
584
603
405
428
445
450
463
486
684 13, 559
699 13, 840
718 14, 102
725 14, 525
732 14, 754
751 14, 846
2,529
2,621
2,674
2,793
2,853
2,781
806
841
885
894
933
940
1,907
1,920
1,937
1,968
1,966
1,988
1,273
1,298
1,294
1,332
1,285
1,257
464
469
481
502
507
526
565
582
599
623
640
665
456
459
470
495
507
531
1,895
1,946
1,986
2,061
2,127
2,151
502
519
534
564
584
593
1,465
1,462
1,495
1,524
1,560
1,595
1,243
1,241
1,252
1,267
1,281
1,301
456
483
496
502
513
518
28, 605
28, 854
28, 978
29, 155
29, 565
29, 818
13, 758
13, 934
13, 975
14, 130
14, 184
14, 193
2,810
2,861
2,882
2,909
2,943
2,972
987
983
982
986
980
976
1,852
1,858
1,857
1,868
1,861
1,865
3,062
3,113
3,118
3,151
3,167
3,214
1,796
1,839
1,848
1,877
1,892
1,849
967
993
995
992
970
964
427
423
435
437
448
459
607
611
619
645
659
669
491
488
469
487
486
484
760
766
770
778
779
742
14, 847
14, 921
15, 003
15, 025
15, 381
15, 625
2,775
2,801
2,792
2,839
2,867
2,861
917
897
956
948
975
987
1,980
1,957
1,957
1,960
2,055
2,120
1,236
1,254
1,267
1,230
1,301
1,316
516
528
541
533
554
561
693
706
722
724
736
765
510
518
525
534
550
567
2,171
2,198
2,186
2,172
2,206
2,231
588
566
553
552
550
579
1,630
1,677
1,702
1,733
1,752
1,794
1,316
1,313
1,309
1,313
1,345
1,376
515
507
492
489
490
469
30, 044 14, 300
30, 318 14, 416
30, 686 14, 500
31, 040 14, 596
31,491 14, 708
32, 211 15, 001
2,991
3,029
3, 043
3,058
3,120
3,188
948
965
968
978
984
997
1,867
1,880
1,883
1, 882
1,888
1,912
3,259
3,302
3,346
3,353
3,382
3,435
1,898
1,902
1,893
1,904
1,888
1,926
976
957
962
962
947
964
460
481
497
517
533
573
661
666
678
695
712
734
487
477
476
486
488
500
754
758
755
763
768
772
15, 743
15, 902
16, 185
16,443
16, 783
17, 210
2,943
2,916
2,915
2,955
2,983
3,132
992
1,036
1,088
1,083
1,126
1,111
2,123
2,167
2,205
2,208
2,264
2,327
1,304
1,321
1,414
1,499
1,559
1,593
574
586
591
585
596
614
781
797
818
834
844
857
575
590
585
619
610
612
2,225
2,244
2,274
2,276
2,310
2,332
608
625
634
625
632
645
1,805
1,846
1,874
1,918
1,993
2,059
1,337
1,309
1,321
1,368
1,394
1,434
477
465
466
475
474
494
32, 580
32, 841
33, 380
33, 528
33, 810
34, 066
3,241
3,288
3,337
3,387
3,484
3,523
1,006
1,021
1,046
1,050
1,045
1,078
1,934
1,955
1,983
1,992
1,999
2,018
3,464
3,472
3,499
3,510
3,564
3,618
1,913
1,929
1,972
1,980
2,055
2,133
984
958
974
952
980
998
583
608
609
654
664
666
735
749
761
756
761
780
501
529
536
555
560
577
765
762
763
774
784
792
17, 454
17, 571
17, 901
17, 917
17,916
17, 884
3,127
3,114
3,135
3, 045
3,029
3,015
1,055
1,031
1,075
1,062
1,059
1,052
2,347
2,383
2,410
2,450
2,448
2,467
1,723
1,701
1,691
1,636
1,588
1,564
607
626
632
630
616
609
884
870
891
886
887
889
596
599
610
617
629
640
2,353
2,366
2,390
2,429
2,445
2,435
648
641
661
650
667
650
2,133
2,203
2,271
2,344
2,408
2,432
1,472
1,522
1,614
1,656
1,631
1,619
510
514
521
513
510
513
15, 126
15, 270
15, 479
15,611
15, 895
16, 182
Source: U. S. Department of Commerce, Office of Business Economics.
857500—49
3
SURVEY OF CURRENT BUSINESS
18
October 1949
Table 5.—Manufacturers' Inventories by Stage of Fabrication, 1946—481
[Billions of dollars]
Nondurable-goods industries
Durable-goods industries
All industries
Month
Total
1946: January.
February
March..
April
May
June
July
August _ ._ _
September
October _ _
November .
December
1947: January. __
February
March
April
*_
May
_ _ _ _
-
.
__ .-
June
July
August
September
October
November
December
_ _
_-
1948: January
February
March
April
May
- -
June
July
August
September. .
October
November __
December
_ _
Goods in
process
Purchased
materials
Finished
goods
Total
Purchased
materials
Goods in
process
Finished
goods
Total
Purchased
materials
Goods in
process
Finished
goods
18.7
19.1
19.5
19.7
20.1
20.4
8.3
8.4
8.7
8.9
8.8
9.0
4.8
4.9
5.0
5.2
5.5
5.7
5.6
5.8
5.8
5.7
5.7
5.7
8.6
8.8
9.1
9.3
9.6
9.8
3.0
3.0
3.1
3.3
3.3
3.4
3.5
3.5
3.7
3.7
4.0
4.1
2.2
2.2
2.3
2.3
2.3
2.4
10.1
JO. 3
10.4
10.4
10.5
10.6
5.3
5.4
5.6
5.6
5.6
5.7
1.3
1.3
1.3
1.4
1.6
1.6
3.4
3.6
3.5
3.1
3.4
3.3
21.5
22.2
22.8
23.9
24.5
25.0
9.6
9.9
10.0
10.5
10.9
11.4
5.9
5.9
6.1
6.2
6.3
6.4
6.0
6.4
6.7
7.2
7.4
7.3
10.2
10.5
10.8
11.2
11.4
11.6
3.5
3.7
3.8
4.0
4.1
4.3
4.3
4.4
4.5
4.6
4.7
4.7
2.4
2.5
2.5
2.6
2.6
2.7
11.3
11.7
12.0
12.8
13. 1
13.3
6.0
6.2
6.2
6.5
6.8
7.1
1.6
1.6
1.7
1.7
1.6
1.7
3.6
4.0
4.1
4.6
4.7
4.5
26.0
26.5
27.1
27.6
28.0
28.2
11.5
11.6
11.9
12.0
12.1
12.1
6.7
7.0
7.2
7.3
7.4
7.3
7.8
7.9
8.0
8.3
8.6
8.8
12.2
12.5
12.9
13.1
13.4
13.6
4.3
4.4
4.5
4.5
4.7
4.8
4.9
5.1
5.2
5.3
5.3
5.3
3.0
3.0
3.2
3.3
3.4
3.6
13.8
14.0
14.2
14.5
14.6
14.6
7.2
7.3
7.4
7.5
7.4
7.4
1.8
1.9
2.0
2.0
2.1
2.0
4.8
4.9
4.9
4.9
5.1
5.2
28.5
28.8
28.7
29.0
29.5
30.0
12.1
12.2
12.1
12.4
12.8
13.2
7.3
7.4
7.5
7.4
7.5
7.5
9.1
9.2
9.1
9.2
9.3
9.4
13.8
13.9
13.9
14.1
14.1
14.1
4.9
4.9
4.8
4.9
4.8
4.9
5.3
5.4
5.5
5.5
5.5
5.4
3.6
3.6
3.6
3.7
3.8
3.8
14.7
14.9
14.8
14.9
15.4
15.9
7.3
7.3
7.3
7.6.
8.0
8.3
2.0
2.0
2.0
1.9
2.0
2.0
5.5
5.6
5.5
5.5
5.5
5.6
30.3
30.5
30.9
31.0
31.5
32.0
13.0
13.2
13.3
13.2
13.1
13.4
7.5
7.6
7.7
7.8
8.0
7.9
9.7
9.8
9.8
10.0
10.3
10.6
14.2
14.4
14.6
14.7
14.9
15.0
4.8
4.9
4.9
4.9
4.9
5.0
5.5
5. 5
5.5
5.6
5.8
5.7
3.9
4.0
4.1
4.2
4.2
4.2
16.0
16.1
16.3
16.4
16.6
17.0
8.2
8.3
8.4
8.4
8.3
8.4
2.1
2.1
2.1
2.2
2.3
2.1
5.8
5.8
5.8
5.8
6.1
6.4
32.5
32.8
33.2
33.4
33.8
34.2
13.6
13.6
13.8
13.8
13.9
14.1
8.0
8.1
8.0
8.2
10.9
11.1
11.3
11.4
11.7
12.0
15.2
15.3
15.4
15.6
15.8
16.1
5.2
5.3
5.5
5.4
5.5
5.5
5.8
5.8
5.7
5.8
5.8
5.9
4.2
4.2
4.3
4.4
4.5
4.7
17.4
17.5
17.7
17.8
17.9
18.1
8.4
8.4
8.3
8.4
8.4
8.5
2.2
2.3
2.3
2.5
2.4
2.3
6.7
6.8
7.0
7.0
7.2
7.3
S.1
1
Book value as of end of month and not adjusted for seasonal variation. The classification by stage of fabrication is from the point of view of the individual manufacturer; the finished
product of one company may be the purchased material of another.
Source: U S. Department of Commerce, Office of Business Economics.
Table 6.—Wholesale Sates, Annually, 1939-48
[Millions of dollars]
1939
Types of establishments
All establishments
Durable goods
Nondurable goods
_
_
Service and limited function
Durable goods
Automotive *
Lumber and building materials
Electrical goods
Hardware
Housefurnishings
_
Jewelry and optical goods
Machinery and metals
_
Nondurable goods.
Apparel and dry goods __
Beers, wines, and liquors
Drugs and sundries
Food
Paper and its products
Tobacco products
..
All other
1
_
_ _.
-.
1942
1943
1944
1945
1946
1947
33, 626
8,895
24, 731
43, 440
11, 971
31, 469
48, 141
10, 281
37, 860
51, 275
9,313
41, 962
54, 731
9,999
44, 732
59, 799
10, 787
49, 012
79, 208
16, 629
62, 579
93, 054
22, 322
70, 732
100, 263
25, 532
74, 731
23, 642
26, 488
33, 654
36, 444
37, 756
40, 724
44, 657
60, 476
70, 080
73, 692
7,096
8,653
11,562
9,932
9,002
9,630
10, 439
16, 195
21, 721
24, 501
1,995
1,264
2,581
1,600
2,849
2,127
1,459
1,083
2,265
1,335
968
1,944
1,007
1,210
2,017
1,102
1,031
1,520
2,052
1,339
1,163
2 303
3,058
2,422
1,963
2 502
4,561
4 316
2,543
1,108
2 545
5,267
5 084
2,826
1, 273
788
592
373
276
967
682
396
305
897
543
410
926
568
423
866
501
471
472
474
450
507
797
733
642
638
1,798
2,122
3,277
3,332
3,245
3,324
3,408
4 919
6 049
6 868
16, 556
17, 835
22, 092
26, 512
28,754
31, 094
34, 218
44, 281
48, 359
49, 191
1,888
1,249
1,947
1,304
2,739
1,779
3,343
2,288
3,653
2,363
3,660
3,058
10, 012
10, 617
11, 271
3,744
3,726
1 121
12, 364
1,463
7,924
1,600
8,944
1,646
9,753
1,826
10 571
6,105
4,542
1 303
15,406
1 338
2,420
13 167
6,523
4 245
1 494
16,958
1 625
2 390
15 124
6, 176
4 082
1 640
17 084
1 575
2 243
16 391
593
658
6,189
6,813
8,219
1,106
5,028
1,174
5,409
1,290
6,657
575
595
750
730
752
776
801
871
835
866
Beginning in 1943, series excludes all sales of new motor vehicles. These sales in the 1939-42 period ere estimated at $1,185; $1,622, $1,703 and $224 million, respectively.
Source: U. S. Department of Commerce, Office of Business Economics.
1948
30, 057
7,193
22, 864
521
_
1941
1940
SURVEY OF CURRENT BUSINESS
October 1949
19
Table 7.—Wholesale Sales, Monthly, 1946-49
[In millions of dollars]
All establishments
Service and limited-function establishments
Nondurable goods
Durable goods
Month and year
Total
LumDurNonable durable Total
ber and Elecgoods goods
buildAutoTotal motive
trical
ing
mate- goods
rials
MaHouse Jewelry
Hard- furnishand chinery Total
ware
and
optical
ings
goods metals
Apparel
and
dry
goods
Beers, Drugs
and
wines,
sunand
dries
liquors
Food
Paper TobacAll
and its co
prod- other
products
ucts
UNADJUSTED FOR SEASONAL VARIATIONS
1946: January
February
March
April
May
June
July
August
September
October
November
December. ...
1947: January
February
March
April
MayJune
July
August
September.
October
November
December.
1948: January
February
March
April __ __
May
June __
July
August
September
October
November
December
1949: January
February
March
April.
May
JuneJuly
August
5,813
5,375
5,748
5,867
6,120
6,007
6,596
7,009
7,150
8,041
7,725
7,757
7,476
6,937
7,286
7,209
7,291
7, 182
7, 434
7,441
8,296
9,283
8,495
8,724
8,189
7,465
8,224
8,148
7,963
8,261
8,320
8,665
8, 871
8,875
8,694
8,588
7,526
7,067
7,774
7,218
7,259
7,348
6,912
7,856
1,041
1,035
1,157
1,245
1,303
1,322
1,378
1,490
1,532
1,733
1,654
1,739
1,622
1,651
1,797
1,895
1,858
1,799
1,749
1,795
1,940
2,177
1,989
2,050
1,882
1,858
2,162
2,234
2,085
2,163
2,078
2,247
2,292
2,309
2,144
2,078
1,646
1,654
1,879
1,807
1,797
1,778
1,568
1,787
4,772
4,340
4,591
4,622
4,817
4,685
5,218
5,519
5,618
6,308
6,071
6,018
5,854
5,286
5,489
5, 314
5,433
5,383
5,685
5,646
6,356
7,106
6,506
6,674
6,307
5,607
6,062
5,914
5,878
6,098
6,242
6,418
6,579
6,566
6,550
6,510
5,880
5,413
5,895
5,411
5,462
5,570
5,344
6,069
4,421 1,012
4,141 1,015
4,412 1,127
4,569 1,219
4,754 1,263
4,618 1,284
4,991 1,343
5,276 1,454
5,378 1,492
6,159 1,682
5,889 1,610
5,868 1,694
5,679 1,625
5,247 1,638
5,543 1,779
5,497 1,859
5, 464 1,806
5,335 1,737
5,514 1,676
5,639 1,724
6,259 1,877
7,105 2,114
6,326 1,905
6,472 1,981
5,998 1,807
5,496 1,798
6,132 2,083
6,062 2,140
5,736 1,997
5,987 2,066
5,992 1,979
6,316 2,139
6,608 2,210
6,594 2,222
6,449 2,063
6,322 1,997
5,472 1,610
5,234 1,615
5,737 1,839
5,236 1,765
5,220 1,754
5,247 1,735
4,856 1,525
5,557 1,737
152
156
174
184
188
191
193
208
218
229
211
199
197
192
208
219
207
204
207
207
230
237
213
181
179
175
204
215
210
220
221
241
239
241
211
189
166
165
168
177
179
180
176
200
192
179
204
230
236
229
261
279
281
327
318
322
367
357
370
371
346
339
351
363
405
470
416
406
409
382
439
467
428
445
442
479
489
492
431
364
322
292
346
372
372
386
334
397
127
127
135
144
157
167
197
217
240
268
272
371
260
310
338
377
368
362
349
329
360
396
377
490
352
366
436
453
409
415
403
411
453
433
442
511
335
367
413
390
404
398
368
387
120
126
141
154
159
157
162
174
176
214
195
185
185
191
219
227
216
202
200
204
222
254
212
211
204
207
246
256
233
237
227
248
253
262
241
212
184
178
222
204
206
198
171
192
42
47
56
63
70
68
67
74
77
86
80
67
87
77
72
80
89
89
76
100
112
129
106
91
91
93
102
100
103
108
102
110
117
122
116
109
90
106
127
114
108
111
77
106
45
53
55
60
58
53
53
66
65
74
74
77
36
47
49
48
47
40
38
53
62
73
71
78
38
48
60
56
50
48
39
50
59
62
63
65
30
36
42
41
39
34
26
40
334
327
362
384
395
419
410
436
435
484
460
473
493
464
523
537
533
501
455
468
486
555
510
524
534
527
596
593
564
593
545
600
600
610
559
547
483
471
521
467
446
428
373
415
3,409
3,126
3,285
3,350
3,491
3, 334
3,648
3,822
3,886
4,477
4,279
4,174
4,054
3,609
3,764
3,638
3,658
3,598
3,838
3,915
4,382
4,991
4,421
4,491
4,191
3,698
4,049
3,922
3,739
3,921
4,013
4,177
4,398
4,372
4,386
4,325
3,862
3,619
3,898
3,471
3,466
3,512
3,331
3,820
403
387
455
487
521
484
491
529
553
666
602
527
595
528
537
499
479
443
465
544
637
708
598
490
515
504
597
536
473
476
475
602
617
650
478
353
375
404
477
398
343
342
336
518
352
344
338
344
366
345
381
411
395
420
406
440
311
290
327
314
302
317
341
350
385
524
354
430
324
292
335
330
317
339
331
323
346
344
370
431
265
280
330
290
326
349
319
323
109
98
103
105
108
97
105
107
112
130
117
112
125
111
124
127
117
111
119
118
138
149
126
129
143
127
147
138
125
133
133
133
149
143
140
129
139
125
144
128
129
134
129
144
1,204
1,077
1,171
1,216
1,249
1,167
1,293
1,344
1,325
1,519
1,457
1,384
1,416
1,273
1,374
1,334
1,353
1,371
1,439
1,325
1,509
1,655
1,430
1,479
1,464
1,224
1,420
1,460
1, 431
1,512
1,497
1,435
1,468
1,401
1,392
1,380
1,287
1,191
1,354
1,253
1,289
1,380
1,227
1,299
90
81
94
101
112
113
112
125
128
140
125
117
134
118
125
132
130
134
128
130
153
165
137
139
139
128
134
131
123
132
117
134
137
139
134
127
121
111
122
115
109
116
105
128
168
169
183
191
200
200
212
219
203
236
218
221
194
179
183
193
202
198
208
203
201
219
193
217
179
168
188
186
179
195
194
184
191
184
187
208
160
152
174
169
173
180
180
187
1,083
970
941
906
935
928
1,054
1,087
1,170
1,366
1,354
1,373
1,279
1,110
1,094
1,039
1,075
1,024
M38
1>2 45
M59
}^71
85
H
1,607
3,260
3,386
3,336
3,527
3,639
3,542
3,834
3,894
3,884
4,119
3,958
3,932
4,018
3,940
3,857
3,812
3,844
3,888
4,062
3,965
4,188
4,543
4,073
4,032
4,167
4,019
4,161
4,165
3,997
4,273
4,305
4,137
4,154
3,897
4,043
4,008
3,864
3,903
3,920
3,538
3,700
3,825
3,554
3,785
397
428
436
469
527
544
540
534
522
655
568
589
585
542
520
492
486
501
513
552
602
596
565
547
529
524
572
564
521
561
567
517
519
462
438
424
413
406
414
389
392
423
403
448
353
399
362
363
396
351
369
393
408
398
383
373
373
360
344
327
318
321
355
351
343
558
340
345
399
352
353
343
334
344
343
322
310
301
356
346
318
338
348
302
343
353
327
317
104 1,183
104 1,164
98 1,164
105 1,259
114 1,223
102 1,152
111 1,310
113 1,358
107 1,359
118 1,452
117 1,400
112 1,364
119 1,442
117 1,428
118 1,396
127 1,375
123 1,373
117 1,372
125 1,401
124 1,300
131 1,434
135 1,552
126 1,415
129 1,366
136 1,488
134 1,370
140 1,443
138 1,505
132 1,455
140 1,519
140 1,459
140 1,408
142 1,393
130 1,317
140 1,382
129 1,373
132 1,317
132 1,325
137 1,370
128 1,289
136 1,313
141 1,379
136 1,201
152 1,274
88
91
98
102
112
113
118
125
120
121
126
120
131
133
130
133
130
134
135
130
143
142
138
143
142
139
134
132
123
135
123
131
127
125
137
128
123
121
122
116
109
118
111
125
181
192
189
195
202
196
206
213
201
213
214
215
209
203
189
197
204
194
202
197
199
197
189
211
192
191
194
190
181
191
188
179
189
166
183
202
172
173
179
172
175
176
175
182
954
1,008
980
1,034
1,065
1,084
1,180
1,158
1,167
1,162
1,150
1,159
1,159
1, 157
1,160
1,161
1, 210*
1, 249'
1, 331
1,311
1,336.
1,363
1,300'
1,291
1,281
1, 309'
1, 325
1, 293
1,251
1,383
1,485.
1, 440*
1, 474
1, 396i
1, 407
1, 406;
1, 389
1, 408
1,350
1, 142
1,232
1,235
1,201
1,281
tag
$$
1,141
iXi
1'934
\> 266'.
66
I'!
MQO
1'fi11
1,685
9
H
?
His1, 3c«
1,297
l,ljg
10
97
i,oJi
1,035
i>4i
ADJUSTED FOR SEASONAL VARIATIONS
1946: January
February
March
April
May
June
July
August.
September.
October
November _
December
1947: January
February
March
April
May
June
July
August
September
October.
November
December..
1948: January
February
March
April..
May
June
July ..
August.. _ _.
September
October
November.
December
1949: January
February
March
April
May . .
June
July..
August—
5,779
5,861
5,876
6,075
6,269
6,241
6,797
7,023
7,054
7,309
7,280
7,417
7,589
7,564
7,509
7,449
7,511
7,536
7,679
7,415
7,985
8,417
8,017
8,224
8,352
8,146
8,433
8,415
8,240
8,685
8,630
8,522
8,489
8,083
8,236
8,158
7,723
7,680
7,890
7,422
7,498
7,718
7,138
7,727
1,091
1,103
1,144
1,204
1,315
1,356
1,439
1,495
1,511
1,585
1,620
1,718
1,712
1,759
1,774
1,819
1,875
1,842
1,823
1,802
1,916
1,997
1,955
2,013
1,987
1,979
2,134
2,142
2,104
2,221
2,163
2,257
2,267
2,124
2,109
2,044
1,741
1,762
1,852
1,732
1,814
1,821
1,632
1,790
4,688
4,758
4,732
4,871
4,954
4,885
5,358
5,528
5,543
5,724
5,660
5,699
5,877
5,805
5,735
5,630
5,636
5,694
5,856
5,613
6,069
6,420
6,062
6,211
6,365
6,167
6,299
6,273
6,136
6,464
6,467
6,265
6,222
5,959
6,127
6,114
5,982
5,918
6,038
5,690
5,684
5,897
5,506
5,937
4,322 1,062
4,465 1,079
4,453 1,117
4,705 1,178
4,914 1,275
4,859 1,317
5,234 1,400
5,351 1,457
5,355 1,471
5,658 1,539
5,535 1,577
5,604 1,672
5,717 1,699
5,684 1,744
5,614 1,757
5,596 1,784
5,667 1,823
5,668 1,780
5,807 1,745
5,693 1,728
6,042 1,854
6,482 1,939
5,944 1,871
5,977 1,945
6,075 1,908
5,931 1,912
6,218 2,057
6,210 2,045
6,015 2,018
6,392 2,119
6,364 2,059
6,284 2,147
6,340 2,186
5,942 2,045
6,071 2,028
5,972 1,964
5,567 1,703
5,622 1,719
5,732 1,812
5,231 1,693
5,470 1,770
5,603 1,778
5,142 1,588
5,528 1,743
160
169
174
181
190
194
197
204
206
204
204
214
207
209
208
215
209
208
211
203
217
212
207
195
188
190
204
211
212
224
225
236
225
215
205
204
175
180
168
174
181
183
179
196
Source: U. S. Department of Commerce, Office of Business Economics.
193
193
208
221
241
242
270
274
273
285
317
328
361
387
378
359
353
358
363
355
393
409
414
411
416
416
450
445
436
470
457
470
475
430
429
370
325
317
355
359
379
408
347
391
146
132
129
132
162
170
207
226
247
268
269
312
299
323
322
346
379
369
367
343
371
396
373
412
405
381
415
416
422
423
424
428
467
433
438
429
385
382
393
358
416
406
387
403
130
134
136
143
156
162
171
176
173
189
193
199
201
203
211
210
212
208
211
206
218
225
210
227
222
220
237
237
228
244
239
251
248
232
239
228
200
189
213
189
202
204
180
194
44
52
56
63
70
68
71
70
73
75
76
74
92
86
72
80
89
89
80
95
107
112
101
101
96
103
102
100
103
108
107
105
111
106
110
121
95
118
127
114
108
111
81
101
53
59
58
64
63
60
67
68
62
60
59
60
42
52
52
51
51
45
48
55
60
60
57
61
44
53
64
59
54
54
50
52
57
51
50
50
35
40
44
43
42
38
33
41
336
340
356
374
393
421
417
439
437
458
459
485
497
484
514
523
530
503
465
471
488
525
509
538
537
549
585
577
563
596
557
605
603
578
557
562
488
493
512
456
442
428
381
417
SURVEY OF CUKBENT BUSINESS
20
October 1949
Table 8.—Wholesale Inventories, 1946-49
[Millions of dollars]
Service and limited functions
All establishments
Nondurable goods
Durable goods
End of period
Durable
goods
Total
Nondurable
goods
Total
Lumber
and
Auto- buildTotal motive
ing
materials
MachAppar- Beers, Drugs
House Jewelry
Elecand
inery Total el and wines,
and
Food
furnish optical
trical Hardsunand
dry
and
ware
goods
ings
goods liquors dries
goods metals
Paper Tobacand
co and All
prod- prod- other
ucts
ucts
UNADJUSTED FOR SEASONAL VARIATIONS
1946: January
4,622
February _
4,693
March
- 4,820
April
4,774
May
_ __ _ _ _ - 4,895
June
4,901
5,354
July
5,709
August
September
5,992
6,422
October
November
6,666
December
6,798
7,112
1947: January _
February
7,385
March _
7,848
April__
7,809
7,786
May
June __ _ __ __ 7,893
July
7,997
8,362
August
September
8,580
October
8, 657
November.
8,729
December
8,768
1948: January __
8,862
February
8,893
March _
_ _ 8,882
8,744
April
8,678
May
8,797
June
8.997
July
9,311
August _ _
September
9,505
9,704
October
November.
9,788
December
9,585
9,630
1949: January _.
February
9,667
March
9,527
9.290
April
8,998
May
8,787
June
8,870
July
9,063
August
1,162
1,192
1,295
1,328
1,390
1,460
1,550
1,620
1,700
1,775
1,847
1,976
2,080
2,206
2,392
2,510
2, 549
2, 556
2,543
2,567
2,583
2,554
2,569
2,650
2,719
2,801
2,901
2,947
2,961
2,999
2,994
3,016
3,077
3,129
3,216
3,259
3,372
3,486
3,539
3,485
3,361
3,226
3,098
2,971
3, 460
3,501
3,525
3,446
3,505
3,441
3,804
4,089
4,292
4,647
4,819
4,822
5,032
5,179
5,456
5,299
5,237
5,337
5, 454
5,795
5,997
6,103
6,160
6,118
6,143
6,092
5,981
5,797
5,717
5,798
6,003
6,295
6,428
6,575
6,572
6, 326
6,258
6,181
5,988
5,805
5,637
5, 561
5,772
6,092
3,621
3,670
3,788
3,769
3,910
3,933
4,270
4,502
4,670
5,004
5,208
5,294
5,540
5,756
6,120
6,130
6,154
6,284
6,280
6,491
6,624
6,646
6,673
6,667
6,780
6,794
6,839
6,765
6,748
6,895
7,066
7,244
7,341
7.462
7,537
7,325
7,412
7,487
7,413
7,217
6,992
6,854
6,833
6,860
1,130
1,159
1,258
1,289
1,349
1,416
1,503
1,569
1,646
1, 718
1,786
1,910
2,009
2,129
2,307
2,419
2,455
2,460
2,445
2,467
2,480
2,451
2,463
2,539
2,605
2,684
2,780
2,824
2,838
2,874
2,869
2,891
2,949
2,999
3,083
3,124
3,232
3,342
3,392
3,341
3,222
3,092
2,970
2,848
143
156
164
170
173
177
192
204
210
214
230
267
288
309
350
374
394
383
384
395
387
382
385
432
445
448
482
498
510
528
537
560
565
580
610
580
593
612
607
598
583
559
550
524
160
167
173
180
185
202
212
222
226
243
255
274
277
296
311
332
335
354
339
342
335
336
342
329
333
335
327
332
327
340
336
345
357
358
366
348
346
365
355
336
319
317
314
313
123
114
123
130
155
179
201
224
248
276
299
309
335
340
366
386
418
442
444
439
454
472
492
504
520
534
544
540
540
547
554
556
565
605
649
736
719
783
799
791
727
647
578
517
166
166
173
177
184
191
197
204
218
220
229
244
263
281
305
318
318
319
318
318
319
319
329
344
372
390
400
399
404
403
397
393
392
397
405
408
441
457
450
436
422
399
396
383
46
55
54
57
60
64
77
79
77
78
88
96
94
105
119
120
119
109
112
114
108
90
92
103
99
105
111
118
121
132
140
153
165
153
163
169
190
196
205
202
203
194
196
183
95
108
166
166
167
169
163
155
159
163
144
132
141
165
209
230
200
187
171
156
146
144
125
108
113
133
166
188
187
188
187
174
163
145
139
119
123
123
137
141
133
148
149
156
397
393
405
409
425
434
461
481
508
524
541
588
611
633
647
659
671
666
677
703
731
708
698
719
723
739
750
749
749
736
718
710
742
761
751
762
820
806
839
837
835
828
787
772
2,491
2,511
2, 530
2,480
2,561
2,517
2,767
2,933
3,024
3,286
3,422
3,384
3,531
3,627
3,813
3,711
3,699
3,824
3,835
4,024
4,144
4,195
4,210
4,128
4,175
4,110
4,059
3,941
3,910
4,021
4,197
4,353
4,392
4,463
4,454
4,201
4,180
4,145
4,021
3,876
3,770
3, 762
3,863
4,012
363
393
425
465
548
565
596
605
577
607
598
582
643
677
756
791
831
930
943
943
859
775
717
735
854
870
927
968
1,024
1,209
1,210
1,184
1,100
1,037
931
872
901
885
844
808
772
808
830
830
200
215
208
222
234
249
277
323
353
365
357
329
343
416
434
433
410
407
402
409
409
420
412
391
351
343
360
347
341
329
312
325
334
364
389
327
311
340
343
334
334
325
324
350
142
144
149
145
141
142
145
150
162
167
174
168
180
191
190
182
171
168
172
178
182
178
195
187
195
205
209
202
194
189
192
201
206
203
200
191
200
209
212
210
199
197
198
206
730
743
743
725
700
682
715
750
783
868
997
1,021
1,042
1,056
1,090
1,062
1,013
990
974
1,041
1,095
1,141
1,205
1,159
1,125
1,146
1,145
1,096
1,101
1,066
1,062
1,115
1,148
1,172
1,188
1,114
1,110
1,127
1,135
1,091
1,094
1,046
1,030
1,067
83
83
85
89
92
92
94
95
97
104
108
115
122
121
122
126
131
135
132
129
131
135
139
148
157
159
162
174
182
179
175
170
166
171
163
162
172
175
169
169
170
170
167
162
78
74
85
89
105
106
109
110
118
129
129
121
118
116
126
121
126
137
128
130
137
129
135
126
130
129
131
138
142
143
127
145
133
136
144
116
120
122
122
121
122
119
112
120
895
859
835
745
741
681
831
900
934
1,046
1, 060
1,048
1,083
1,050
1,095
996
1,017
1,057
1,084
1,194
1,331
1,417
1,407
1,382
1,363
1,258
1,125
1,016
926
906
1,119
1,213
1, 305
1,380
1,439
1,419
1,366
1,287
1,196
1,143
1,079
1,097
1,202
1,277
2,446
2,506
2,560
2,567
2,636
2,561
2,781
2,953
3,000
3,243
3, 261
3,282
3,447
3,557
3,746
3,775
3,818
3,880
3,921
4,061
4, 155
4,172
4,099
4,078
4,076
4,042
3,998
4,008
4,018
4,045
4,255
4,375
4,402
4,468
4,382
4,180
4.078
4,076
3,962
3,952
3,899
3, 846
3,968
4,065
402
424
469
479
508
493
531
555
560
619
641
625
652
703
759
784
801
804
827
844
858
834
852
875
870
909
937
963
986
,048
,062
,061
,101
,115
,106
,038
916
923
856
801
744
700
727
743
219
249
236
241
247
260
232
297
313
346
326
319
381
412
421
430
418
426
439
413
389
384
377
379
390
340
349
344
348
344
341
328
318
333
356
317
346
337
333
331
341
340
354
354
138
136
140
143
147
150
153
155
163
169
167
170
175
181
178
180
178
178
181
184
183
180
188
188
190
194
196
199
202
200
202
208
207
205
192
193
195
198
199
207
208
208
209
213
693
704
711
714
735
737
784
804
823
874
913
951
992
1,003
1,045
1,050
1,065
1,078
1,069
1,118
1,137
1,151
1 106
1,065
1,071
1,088
1,098
1 085
1,158
1 168
1 167
1,198
1 182
1,184
1,090
1 023
1,057
1 070
1 088
1 080
1,150
1,146
1 132
1,146
80
82
85
87
89
93
95
99
101
106
108
114
118
119
122
123
126
137
133
135
137
138
140
147
152
156
162
169
175
181
176
177
173
175
164
161
167
172
169
165
163
172
168
168
73
75
85
94
109
110
119
118
118
126
114
112
111
118
127
127
131
142
140
140
137
126
119
117
122
131
132
145
148
148
139
156
133
133
127
107
113
124
122
127
127
123
123
129
841
836
834
809
801
718
867
925
922
1 003
992
991
1 018
1,021
1 094
1,081
1 099
1 115
1,132
1 227
1 314
1,359
1 317
1 307
1,281
1 224
1 124
1 103
1 001
956
1 168
1 247
1 288
1 323
1 347
1 341
1 284
1 252
1 195
1 241
] 166
1,157
1 255
1 312
ADJUSTED FOR SEASONAL VARIATIONS
4, 553
4, 653
14, 794
!4, 839
4, 991
5,011
:
5> 422
5,758,
:5,973,
;
fy354
6, 491
6,665
6,997
7,242
7,655
7, 826
7, 931
8, 057
8, 213
8,486
8,642
8,633
8 598
8,653j
8,695;
8.71$'
8, 669
March
8,773
April
8,811
May
_
8, 926 i
June
;9, 177
July
9,420'
August
September
9, 581
October
9, 730
9,714
November.
December
9,511
9, 464;
1949: January
i:
9,479:
February
March
9,293
9>330'
April
i.
9, 153May
June
:.__. 9,002,
9,090
July
9,210
August
1946: January " _ _
February
March
April
May
June
__
July
August
September _
October
November.
December
1947: January
February
March
April
May
June
July
August
September
October
November
December
1948: January
3,386
3,470
3,540
3,561
3,628
3,553
3,869
4,132
4,252
4, 557
4,600
4,647
4,906
5,068
5,360
2; 418 ! 5,408
2,491 • 5,440
5,522
2,535
2,578
5,635
5, 875
2,611
2,656 5,986
2,623
a, 010
2 634
.964
:96r.
2,693
2; 712 i 5/983
5,972
2,747
2,781 ! 6,888
2,856 i 5,917
2,894 i 5,917
2, 976 1 5,950
3,031
6,146
3,070 l• 6,350
3,166 ' 6, 415
3,220 . 6>510
3,301 i 6,413
3,311 ! 6,200
3,?62 ! 6,102
3,414 ; 6,065
3,392 1 5, 901
3;?94
5,936
5, 863
3,290
3,209 , 5,793
3,136 i 5,954
3,019
6,191
,167
.183
,254
,278
,363
,458
,553
,626
1,721
1,797
1, 891
2,018
2,091
2,174
2,295
,
:
;
i
§
3,581
3,656
3,777
3,806
3,958
3,975
4,287
4,528
4,667
4,983
5,091
5,234
5,467
5,654
5,956
6, 102
6, 215
6, 319
6,401
6,572
6,708
6,692
6,627
6,660
6,674
6,672
6, 658
6, 741
6,789
6,896
7,161
7,320
7,440
7, 558
7,550
7, 356
7,300
7, 346
7,207
7,202
7,050
6, 921
6,976
6,961
1,135
1,150
1,217
1,239
1,322
1,414
1,506
1,575
1,667
1,740
1,830
1,952
2,020
2,097
2,210
2,327
2,397
2,439
2,480
2,511
2,553
2,520
2,528
2,582
2,598
2,630
2,660
2,733
2,771
2,851
2,906
2,945
3,038
3,090
3,168
3,176
3,222
3,270
3,245
3,250
3,151
3,075
3.008
2,896
164
167
175
179
187
198
213
220
226
241
250
275
284
296
315
329
339
347
341
339
336
333
336
330
341
335
331
329
331
333
338
342
358
355
360
349
354
365
359
333
323
310
316
311
149
158
160
165
167
175
188
203
212
217
237
273
284
316
337
369
389
375
378
391
394
400
401
432
439
458
464
492
503
518
528
555
575
608
635
580
585
626
584
590
575
548
541
519
Source: U. S. Department of Commerce, Office of Business Economics.
123
114
123
130
155
179
201
224
248
276
299
309
319
309
333
386
398
442
467
488
504
497
492
504
495
485
495
540
514
547
583
618
628
637
649
736
685
712
726
791
692
647
608
574
168
160
164
169
177
187
194
204
225
233
245
259
266
271
290
303
306
312
312
318
329
338
352
365
376
377
380
380
389
394
390
393
404
420
433
433
445
442
428
415
406
390
389
383
43
51
55
60
63
66
77
79
80
79
85
93
103
109
121
116
116
108
107
107
103
91
94
108
108
109
113
114
117
131
134
143
158
155
167
178
207
204
209
195
197
193
188
171
102
114
144
138
144
161
165
163
164
166
166
165
170
174
182
183
172
167
173
164
151
147
147
137
136
140
144
149
161
168
189
183
168
148
164
151
148
129
119
112
115
132
150
164 •
386
386
396
398
429
448
468
482
512
528
548
578
594
622
632
641
677
688
702
704
736
714
706
706
703
726
733
729
756
760
744
711
747
767
760
749
798
792
820
814
843
855
816
774
SURVEY OF CURRENT BUSINESS
October 1949
21
Table 9.—Sales of Retail Stores by Kinds of Business, 1946-48
[Millions of dollars]
Building materials and hardware
group
Automotive group
Year and month
1946: January
February
March
April
May
June
July
August
September
October
November
December
Year
1947: January
February
March
April
May
June
July
August
September
October
November
December
Year
1948: January
__
February
Mai ch
April
May
June
July
August
September. _
October
November _ _ _ _
December
Year
All
retail
stores
Tota]
durable
6,665
6, 376
7,541
7,883
8,222
7,987
8,086
9,075
8,674
9,419
9,540
10, 832
100,298
8,313
7,913
9,383
9,542
10, 091
9,604
9,516
9,829
10, 310
11, 003
10, 726
12, 680
118, 908
9,704
8,948
10, 771
10, 730
10, 758
10, 868
10, 783
10, 751
11, 086
11,514
10. 992
13, 136
130, 042
1,214
1,142
1,410
1,654
1,937
1,798
1,946
2,153
2,121
2,389
2,296
2,550
22,611
2,086
2,038
2,420
2.583
2,724
2,697
2,705
2,685
2,883
3,162
2,927
3, 233
32, 142
2,665
2,485
3,128
3,260
3,082
3,279
3,328
3,445
3,307
3,335
3, 197
3,497
38, 008
Total
Motor
vehicle
dealers
Parts
and accessories
Total
Lumber
and
building materials
463
410
502
632
832
721
868
988
990
1,112
1,057
1,084
9,658
1,054
1,038
1,240
1,295
1,311
1, 303
1,329
1,296
1, 374
1,498
1, 392
1,398
15, 528
1,405
1,328
1, 713
1,657
1,457
1,566
1,716
1,811
1,642
1,710
1,637
1,667
19, 309
348
306
376
498
688
577
726
838
851
961
909
918
7,995
935
929
1,110
1,163
1,164
1,155
1,184
1,154
1,232
1,348
1,239
1,236
13, 850
1,291
1,223
1,578
1, 505
1, 306
1, 396
1, 541
1,645
1,491
1,566
1,495
1,493
17, 530
115
104
125
134
144
144
143
150
139
151
148
166
1,663
119
110
130
132
147
148
145
142
142
150
152
162
1,678
114
106
135
152
150
170
175
166
151
144
142
174
1,779
400
37"
486
557
593
567
594
630
611
688
632
617
6,750
557
528
636
721
773
770
800
793
870
977
827
838
9,092
722
651
810
942
948
1,019
981
979
977
975
872
832
10,710
253
227
293
338
359
342
364
394
388
435
392
351
4,137
353
326
384
431
461
476
509
514
575
645
528
494
5,695
458
414
506
584
597
652
625
649
649
634
552
480
6,801
Apparel groupcontinued
Year and month
1946: January
February. _
March
April
May
June
July
August
September
October
November
December
Year
1947: January
February
March
April
May
June
July
August
September
October
November
December
Year
1948: January
February _
March
April
May_
__
June
July
_
August
September
October
November
December
Year
_
__ _
_ _ _
_ _
_
_
_
_
_
_
_
Shoes;
82
75
97
107
96
101
79
103
- 109
122
129
163
1,262
87
78
109
102
107
100
81
91
120
124
137
190
1,325
92
85
125
103
107
105
86
90
122
140
132
198
1,386
90
90
116
139
119
132
100
125
129
134
127
159
1,459
97
87
130
138
139
132
108
112
144
140
131
174
1,533
100
90
154
128
137
138
114
103
142
135
121
174
1,537
267
251
274
277
292
291
290
298
286
298
301
394
3,520
281
264
296
290
309
296
299
306
303
310
297
409
3,659
295
287
305
294
304
301
307
299
299
307
296
394
3,687
Eating
and
drinking
places
Total
905
1, 755
824
1,665
961
1,869
956
1,817
1,018
1,902
1,008
1,885
1,029
2,026
1, 085
2,328
2,014
1, 059
1,078
2,134
1,014
2,271
1,026
2,338
11, 962 24, 005
962
2,162
860
2,046
972
2,286
984
2,267
1,040
2,445
995
2,277
1,023
2,398
1,068
2,525
1,054
2,381
1,076
2,528
969
2,436
1,031 2,635
12, 035 28, 384
957
2,515
894
2,260
990
2,485
994
2,496
1,019
2,599
1,024
2,497
1,032
2,669
1,057
2,497
1,062
2,555
1,072
2,674
987
2,497
1,023
2,762
12, 112 30, 506
Source: U. S. Department of Commerce, Office of Business Economics.
46
44
58
68
73
67
75
71
65
80
72
67
787
69
69
90
105
108
107
108
100
102
128
102
91
1,180
106
90
123
146
139
153
158
135
126
139
130
109
1,555
Hardware
Total
Furniture and
house
furnishings
100
103
135
151
161
157
155
165
157
173
169
200
1,826
135
133
163
185
204
187
184
179
193
204
197
252
2,217
159
146
181
212
212
215
198
195
202
201
190
243
2,354
273
283
337
371
406
401
393
434
425
483
476
576
4,860
397
395
458
479
534
519
491
507
542
585
587
719
6,213
456
433
524
576
578
585
546
566
596
561
576
727
6,725
185
198
238
260
282
268
252
275
271
302
300
344
3,175
228
230
278
295
339
319
291
306
533
350
358
419
3,746
266
254
312
353
370
361
323
342
357
334
352
419
4, 045
Food group
Drug
stores
Family
and
other
apparel
Farm
implements
Household appliances
and
radios
88
85
99
111
124
133
142
160
154
181
176
233
1,685
169
166
180
183
195
200
200
201
209
235
229
300
2, 467
190
179
212
223
208
224
224
224
240
226
224
308
2,680
Jewelry
stores
79
76
85
94
106
109
91
100
95
106
130
272
1,343
78
76
85
88
106
104
84
89
97
101
121
279
1,309
81
73
81
85
100
109
84
89
91
89
112
271
1,264
Total
nondurable
Total
5, 450
5,233
6, 130
6,229
6,285
6,189
6,139
6,922
6,552
7,030
7,244
8,282
77,687
6,227
5,876
6,962
6,959
7,367
6,908
6,811
7,144
7,427
7,841
7,799
9,446
86, 766
7,039
6,464
7,644
7,469
7,676
7,589
7,455
7,306
7,779
8,180
7,795
9,639
92, 034
572
562
754
816
717
731
549
707
779
848
855
1,090
8,981
606
548
810
785
803
732
583
636
860
880
922
1,248
9,413
663
604
910
781
808
801
630
635
878
982
901
1,270
9,865
General merchandise group
Grocery
and com- Other
food
bination
1,341
1,281
1,440
1,379
1, 451
1,442
1, 550
1,819
1,541
1,633
1,772
1,828
18, 477
1,690
1,609
1,803
1,775
1,929
1,785
1,891
2,002
1,865
1,996
1,936
2,082
22, 364
2,010
1,794
1,964
1,980
2,065
1,955
2,127
1,966
1,996
2,115
1,958
2,180
24, 111
Apparel group
Home furnishings group
414
384
429
438
451
443
476
509
474
502
498
511
5,528
472
437
482
492
516
491
507
523
516
532
500
553
6,020
505
466
521
516
534
542
542
531
559
559
539
582
6,395
Filling
stations
286
252
294
302
329
339
368
398
366
387
371
371
4,065
339
312
361
400
442
440
472
485
466
483
496
496
5,193
479
435
495
523
550
552
581
570
541
550
519
531
6,325
Total
Department
including
mail
order
874
900
1,124
i;200
1, 159
1,139
1,022
1, 207
1,202
1,356
1,492
1,937
14,611
1,006
987
1,257
1,271
1,333
1,211
1,091
1,172
1,367
1,480
1,619
2,240
16,033
1,090
1,042
1,396
1,346
1,369
1,365
1,222
1,266
1,448
1, 562
1,600
2,309
17,015
563
586
752
789
760
745
637
784
806
906
1,016
1,277
9,621
664
650
849
842
882
796
686
751
920
999
1,114
1,493
10, 645
721
693
944
912
906
905
765
830
978
1, 054
1,101
1,527
11,337
Men's Women's
clothing apparel
and fur- and acnishings cessories
128
124
163
193
174
186
130
163
192
220
236
318
2,227
145
134
194
190
201
200
143
149
214
219
253
372
2,414
169
149
212
181
193
215
154
135
188
230
226
359
2,412
Other retail stores
Dry
General
including goods and
general
other
merchan- general Variety Total
dise with merchandise
food
111
110
128
140
141
134
140
148
139
154
155
176
1,676
124
120
142
151
165
153
155
157
160
168
168
194
1,858
136
122
148
160
171
170
176
162
167
172
161
196
1,938
92
90
109
117
117
118
109
122
120
137
141
191
1,463
96
93
118
120
131
120
110
116
132
141
150
210
1,538
104
97
127
125
131
130
119
117
140
153
148
218
1,609
272
273
379
376
328
312
241
316
350
373
363
449
4,033
277
249
377
354
356
301
251
284
383
397
400
512
4,141
302
280
419
368
371
343
276
307
426
477
422
539
4,530
108
114
134
155
141
142
137
152
137
159
179
293
1,851
122
123
148
157
155
142
140
148
155
172
188
342
1,992
128
131
177
149
160
160
161
157
164
184
191
368
2,131
791
778
854
862
869
796
854
898
846
928
940
1,126
10, 543
869
858
980
962
996
956
945
952
996
1,085
1,060
1,388
12,049
1,040
940
1,063
1,036
1,027
1,049
1,013
983
996
1,033
995
1,349
12,524
Liquor
137
139
154
158
162
153
155
166
149
168
186
243
1,973
146
141
158
149
157
139
140
156
138
169
170
251
1,916
146
131
145
144
143
134
141
130
142
166
167
265
1,854
All
other
654
639
699
703
707
643
699
732
697
760
754
883
8, 570
723
718
822
81.3
839
817
805
797
858
916
890
1,137
10, 133
894
810
918
892
884
914
872
853
854
867
828
1,084
10, 670
SURVEY OF CURRENT BUSINESS
22
October 1949
Table 10.—Sales of Retail Stores by Kinds of Business, 1946-48
[Millions of dollars, seasonally adjusted]
All
retail
stores
Year and month
Automotive group
Building materials and hardware
group
Motor
vehicle
dealers
Lumber
and
building
materials
Total
durable
Total
1946: January. _.
February.
March
April
May
June
367
130
475
294
126
324
232
92
106
356
376
513
634
561
126
137
137
141
139
494
530
532
542
538
303
330
334
336
327
136
143
142
144
151
345
357
368
391
418
249
251
251
258
96
106
117
133
149
107
110
118
112
115
8,458
1,918
2,077
2,166
2, 217
2, 241
2, 393
22,611
823
938
993
1,068
1,067
1,152
9,658
794
850
927
925
1,004
7,995
135
144
143
141
142
148
1,663
559
589
606
596
627
662
6,750
341
353
371
362
384
402
4,137
152
165
163
162
166
176
1,826
420
435
453
443
437
469
4,860
271
272
289
276
273
.284
3,175
149
163
164
167
164
185
1,685
116
115
114
110
110
110
1,343
9,200
9,409
9,502
2,357
2, 498
2,528
2,596
2,538
2,628
975
1,073
1,100
1,190
1,067
1,114
137
664
411
170
473
1,210
1,242
1,325
1,207
1,255
137
142
135
140
141
696
692
686
709
730
434
433
426
433
455
176
172
173
184
180
485
483
473
511
532
285
290
294
286
310
319
188
195
189
187
201
213
108
107
111
112
111
111
9,893
9,865
2,637
2,628
2,860
2,918
2,929
3,025
32,142
1, 254
1,230
1,364
1,436
1,407
1,486
15,528
1,117
1,089
1,225
1,297
1,256
1,347
753
13,850
137
141
139
139
151
139
1,678
477
478
529
535
539
545
5,695
180
185
192
190
201
214
2,217
523
523
555
535
560
560
6,213
314
315
342
320
339
332
3,746
209
208
213
215
221
228
2,467
107
107
113
105
107
110
1,309
3,009
3,033
1,488
1, 509
1,668
1,654
1,350
1,507
1,367
1,520
1,499
1,200
1,351
858
876
871
905
907
926
533
202
554
334
142
148
155
150
156
555
554
578
582
597
198
196
200
198
198
546
555
575
571
569
328
332
346
351
347
220
218
223
229
220
222
102
104
108
107
111
1,616
1,743
1,664
1,681
1,687
1,742
1,457
1,585
1,515
1,540
1,550
1,595
17,530
159
158
149
141
137
147
1,779
922
939
908
870
873
855
10,710
587
603
583
549
549
531
6,801
196
200
571
575
577
543
535
554
6,725
346
348
341
321
320
331
4,045
225
227
236
222
215
223
2,680
104
108
105
102
101
103
1,264
8,850
8,858
9,083
9,244
100,298
10, 295
10, 322
10, 480
10, 646
118,908
1948: January. _ _
February _
March
April
May
June
10,590
10, 597
10,809
10, 962
10, 640
10, 855
July
August
SeptemberOctober
November.
December-Year
10, 949
11, 030
10, 961
10, 899
10, 763
10, 987
130,042
1,402
3,198
3,242
2,935
3,113
3,213
3,365
3,254
3,196
3,196
3,254
38,008
1,112
1,351
19,309
855
869
9,092
137
1946: JanuaryFebruary _.
March
April
_May
June
July
August.
September..
October
November..
December _.
Year__
1947: January.._
February..
March
April
May
June
July
August
September..
October
November-.
December.Year
1948: January, _.
February..
March
April
May
June
July
August
September..
October
November..
December..
Year
Total
nondurable
5,989
Total
Men's Women's Family
and
clothing apparel
and
other
and fur- accesapparel
nishings
sories
Drug
stores
Shoes
Eating
and
drinking
places
Total
Grocery
and com-
bination
109
General
merchandise group
Other
food
Filling
stations
Total
Depart
ment
including
mail
order
Other
retail
stores
6,245
6,287
6,353
691
740
751
739
738
769
163
175
180
182
182
182
317
343
349
344
339
356
102
100
100
100
101
108
109
122
122
113
116
123
281
281
282
289
292
950
961
982
980
994
1,001
1,852
1, 865
1,854
1,881
1, 905
1, 877
1,412
1,428
1,425
1,426
1,459
1,440
440
437
429
455
446
437
310
302
312
315
315
324
1,079
1,151
1,185
1,184
1,192
1,241
753
780
770
785
839
826
871
844
857
851
843
6,540
6,874
6, 684
6,641
6,842
6, 851
77,687
737
800
781
748
746
741
8,981
181
210
204
191
191
ISO
2,227
338
339
325
325
325
4,033
106
116
114
107
105
103
1,262
117
136
124
125
125
127
1,459
294
299
297
299
308
300
3,520
1,011
1,023
1,015
1,016
1,020
1,009
11,962
1,996
2,158
2,069
2,099
2,214
2,235
24,005
1,526
1,680
1,597
1,614
1,720
1, 750
18,477
470
478
472
485
494
485
5,528
354
374
356
367
375
361
4,065
1,251
1,320
1,248
1,216
1,257
1,287
14,611
834
889
825
789
823
840
9,621
897
900
918
896
922
918
10,543
6,974
7,102
7.214
7,218
736
728
760
768
799
796
184
190
196
19G
204
203
322
314
335
342
356
353
109
105
104
107
110
112
121
119
125
123
129
128
297
297
303
302
305
305
1,009
1,003
992
1,007
1,016
987
2,258
2. 282
2,278
2,337
2,347
2,354
1,762
1,786
1,790
1,828
1,848
1,856
496
496
488
509
499
364
374
383
415
433
431
1,266
1,273
1,290
1,311
1,337
1,332
840
844
85G
865
896
913
954
968
962
977
1,013
7,256
7,237
7,435
7,404
7,551
7, 621
86,766
789
753
835
782
839
828
9,413
201
198
219
195
214
214
2,414
350
323
361
347
375
363
4,141
110
106
120
109
117
116
1,325
128
126
135
131
133
135
1,533
303
310
311
311
307
308
3,659
1.004
1,006
1,010
1,014
974
1,013
12,035
2,378
2,380
2,413
2,456
2, 438
2, 463
28,384
1,879
1,883
1,908
1,947
1,933
1,944
499
497
505
509
505
519
6,020
444
457
453
457
5,193
1,333
1,335
1,375
1,338
1,415
1,428
16,033
891
894
908
879
945
938
10,645
1,005
996
1,038
1,046
1,082
1,095
12,049
7,581
7,564
7,611
7,720
7,705
7,742
794
818
808
809
822
846
204
212
201
200
201
212
355
363
358
369
379
389
112
116
115
112
112
114
123
127
134
128
130
131
309
314
314
307
303
307
1,006
1,008
1,012
1,020
997
1,018
2,523
2,505
2,531
2,565
2,569
* 2,526
2,002
521
520
534
531
530
542
512
502
524
542
538
539
1,362
1,368
1,375
1,424
1,416
1,440
912
912
961
1,075
1,049
1,047
1,053
1,060
1,066
7,736
7,665
7,707
7,703
7,567
7, 733
92,034
802
782
836
861
825
862
9,865
202
188
188
199
193
212
2,412
364
360
396
417
394
386
4,530
110
112
121
122
114
126
1,386
126
122
131
123
124
138
1,537
308
306
305
307
306
301
3,687
1,016
999
1,020
1,012
996
2,541
2,534
2,544
2,549
2, 555
2, 564
30,506
530
530
541
531
549
536
6,395
546
537
526
521
518
520
6,325
1,455
1,457
1,447
1,435
1,378
1, 458
17,015
976
978
964
960
967
954
11,337
1,068
1,050
1,029
1,018
989
1,020
12,524
6,171
6,210
6,911
Source: U. S. Department of Commerce, Office of Business Economics.
191
2,354
Food group
Apparel group
Year and month
Total
497
482
513
650
775
700
8,951
July
August
September _
October
November.
December. Year
Hardware
Jewelry
stores
1,428
1,510
1,668
1,820
1,771
7,913
8,107
8,124
1947: January...
February _
March
April
May
June
Total
Furniture
and house- Household
appliances
furnishand radios
ings
7,599
7,720
7,391
July
August
SeptemberOctober
NovemberDecember.Year
Parts and
accessories
Home furnishings group
1,008
12,112
22,364
1,985
1, 997
2,034
2,039
1,984
2,011
2,004
2,003
2,018
2,006
2,028
24, 111
SURVEY OF CURRENT BUSINESS
October 1940
23
Table 11.—Retail Inventories, 1946-48
[Millions of dollars]
Durable goods
All retail
stores
End of period
Total
Automotive
group
Building
materials
and
hardware
group
Nondurable goods
Home-furnishing
group
Jewelry
group
Total
Apparel
group
Drug
stores
Eating and
drinking
places
Food
group
Filling
stations
General
merchandise
group
Other
retail
stores
UNADJUSTED FOR SEASONAL VARIATIONS
1946: January
February
March
April
May
June
-
-
__-
-
July
August
.
September
October
November
December
___
1947: January
February
March.
April
May
June
_
July
August
September
October
Novern ber
December
1948: January
February
March
April
May
June
_. _
__ _ _
_ -
July
August
September
Octobez
November
December
_~
7 352
7,804
8 218
8,477
8,736
• 8 848
1,908
2,007
2 165
2,223
2,318
2,441
425
484
498
507
528
557
644
673
726
713
722
751
576
564
613
651
710
782
263
286
328
352
358
351
5,444
5,797
6 053
6,254
6,418
6,407
936
1,022
1 090
1,146
1,203
1,184
412
420
433
446
455
442
452
484
479
519
550
542
1,040
1,060
1 054
1,031
997
982
134
132
137
143
149
146
1,661
1,822
1,947
2,082
2,249
2,293
809
857
913
887
815
818
9 300
9,986
10 354
11,253
11 729
10, 739
2 549
2,795
2 880
3,163
3 337
3,280
624
688
734
813
913
998
775
837
876
945
1 003
1,015
807
882
868
969
969
911
343
388
402
436
452
356
6,751
7,191
7 474
8,090
8 392
7,459
1,253
1,415
1,490
1,583
1,621
1,271
455
459
474
540
589
522
555
543
513
545
539
535
1 012
1,051
1 139
1,277
1 480
1,488
147
155
151
170
183
198
2,425
2,578
2 680
2,875
2 860
2,343
904
990
1,027
1,100
1, 120
1,102
11,032
11, 691
12, 212
12, 348
11 918
11, 725
3,591
3,915
4,157
4, 310
4,229
4,196
1,046
1,138
1,189
1,179
1,131
1,131
1,113
1,281
1,442
1,538
1 573
1,549
1,088
1,134
],140
1, 205
1 146
1,156
344
362
386
388
379
360
7,441
7,776
8, 055
8,038
7,689
7,529
1,300
1,504
1,576
1,544
1,510
1,370
509
488
483
487
477
458
522
515
505
504
479
484
1,391
1,372
1,445
1,403
1 291
1,355
211
205
212
218
204
209
2,329
2,491
2,592
2,627
2,529
2,380
1,179
1,201
1,242
1,255
1,199
1,273
11, 574
11 914
12,314
13 231
13 680
12, 666
4,128
4 196
4,317
4 486
4,554
4,525
1,110
1 066
1,182
1 198
1,286
1,395
1,513
1 581
1,585
1 551
1,574
1,549
1,168
1 183
1,154
1 287
1,205
1,196
343
366
396
450
489
385
7,446
7 718
7,997
8 745
9,126
8,141
1,324
1,510
1,603
1,760
1,787
1,460
461
450
445
515
582
574
462
444
423
453
456
476
1,349
1 412
1,483
1 622
1,695
1,610
248
250
259
289
310
295
2,350
2 459
2,591
2 879
3,006
2,479
1,252
1 193
1,193
1 227
1,290
1,247
13, 051
13 799
14, 623
14 475
14, 144
13 870
4,726
4,907
5,417
5, 260
5, 136
5,187
1,449
1,491
1, 564
1,477
1,423
1,562
1,648
1 673
2,090
2 070
1,991
1 949
1,252
1,330
1, 316
1,263
1, 270
1,248
377
413
447
450
452
428
8,325
8,892
9,206
9,215
9,008
8,683
1,552
1,773
1,886
1,940
1,894
1,725
567
547
542
546
531
530
502
490
496
497
481
486
1,594
1,668
1,638
1 557
1,551
1 546
313
286
281
304
272
253
2,599
2 875
3,060
3 083
2,974
2 834
1,198
1 253
1 303
1 288
1 305
1 309
13 737
14, 256
14, 925
15 651
16, 080
14, 402
5 171
5,204
5,302
5, 600
5, 748
5,568
1 525
1, 505
1, 443
1 , 650
1,758
1,978
1 974
2 055
2,117
2 060
2, 046
1,831
1 261
1,217
1,288
1,395
1,410
1,342
411
427
454
495
534
417
8 566
9,052
9,623
10, 051
10,332
8,834
1,644
1,879
2,012
2,072
2,120
1,643
526
540
551
587
653
605
481
484
490
473
481
468
1 536
1, 554
1,669
1 784
1,775
1 628
228
260
291
325
346
372
2 824
2 979
3,199
3 344
3,422
2 719
1 327
1 356
1 411
1 466
1 535
1 399
ADJUSTED FOR SEASONAL VARIATIONS
7,798
8,006
8,195
8,428
8,720
9,086
1,998
2,029
2,119
2, 160
2,294
2,463
423
470
481
489
522
566
687
678
702
681
705
743
576
564
609
646
710
787
312
317
327
344
357
367
5,800
5,977
6, 076
6,268
6,426
6,623
1,077
1,119
1,151
1,195
1,221
1, 235
405
423
436
449
468
469
442
475
485
518
515
545
994
1,022
1,006
1,013
1,035
1,071
134
132
137
143
149
146
1,914
1,957
1,983
2 063
2, 215
2,314
834
849
878
887
823
843
9,647
9,978
10, 193
10, 593
10, 855
11,226
2,606
2,841
2, 898
3,105
3,242
3,392
635
720
746
824
909
1,009
775
824
874
949
1,007
1,073
819
882
881
949
949
932
377
415
397
383
377
378
7,041
7,137
7,295
7,488
7,613
7,834
1,326
1,332
1,359
1,396
1,424
1,449
482
489
503
517
469
489
562
557
534
539
528
523
1,145
1,177
1,249
1,223
1,309
1,344
171
165
159
163
169
179
2 423
2,427
2 464
2,582
2 637
2,726
932
990
1 027
1,068
1 077
1,124
May
June
11 520
11,766
11,936
12, 125
11, 895
12, 104
3,686
3,901
4,055
4,194
4,177
4,221
1, 043
1, 103
1,148
1,142
1,120
1,147
1 181
1,287
1,390
1,476
1, 534
1,533
1,088
1,134
1,132
1,197
1,146
1,164
374
377
385
379
377
377
7,834
7,865
7,881
7, 931
7,718
7,883
1,422
1,500
1,483
1,482
1,491
1,502
500
491
487
490
491
486
511
505
512
503
479
487
1 330
1,323
1,379
1,381
1,317
1,435
189
199
209
210
221
231
2 667
2, 6r)8
2, 017
2 010
2,508
2 430
1 215
1 189
1,194
1 255
1,211
1 312
July
August
September __
October
November
December
12, 062
11 981
12, 150
12, 476
12, 644
13, 221
4,195
4,247
4, 345
4,440
4,458
4,676
1,128
,115
,201
,216
1,282
,410
1, 513
1, 558
1, 583
1, 565
1,588
1,635
1,177
1,183
1,170
1,263
1,180
1,222
377
391
391
396
408
409
7,867
7,734
7,805
8, 036
8, 186
8,545
1,485
1,526
1,538
1,582
1,571
1,632
488
480
472
493
505
537
468
455
441
448
447
466
1,463
1,525
1,561
1,567
1,549
1,512
289
267
273
278
286
267
2, 383
2, 2S8
2,327
2,477
2,588
2,859
1 291
1 193
1,193
1,191
1 240
1,272
13, 662
14, 006
14, 253
14 156
14, 089
14, 349
4,849
4,986
5,277
5,110
5,068
5,220
,445
,446
1,510
1,430
1,407
1,586
1,742
1,780
2,014
1,987
1,941
1,929
1,252
1, 330
1, 307
1,254
1,270
1,257
410
430
446
439
450
448
8,813
9,020
8,976
9,046
9,021
9,129
1,699
1,771
1,776
1,860
1,864
1,890
557
550
546
550
546
563
491
481
503
496
481
489
1,572
1,629
1,590
1 532
1,583
1 638
281
277
277
293
294
280
2 978
3,071
3 031
3 027
2,935
2 920
1 235
1,241
1 253
1 288
1,318
1 349
14, 372
14, 490
14 877
14 937
15, 027
14 969
5,257
5,273
5,339
5,554
5,646
5,746
1,551
1,574
1,466
1,675
1,754
1,996
1,974
2,025
2 116
2,080
2,068
1,935
1,280
1,217
1,308
1,364
1,379
1,372
452
457
449
435
445
443
9,115
9,217
9 538
9,383
9,381
9,223
1,842
1,898
1,932
1,865
1,866
1,838
557
576
585
562
567
566
487
496
510
468
472
458
1 666
1,678
1 757
1 724
1,622
1 529
265
277
306
312
319
337
2 930
2 936
3 037
3 029
3,059
3 067
1 368
1 356
1 411
1 423
1 476
1 428
1946: January
February
March
April
May
June
July
August
_ -_
September
October
November
December
__
1947* January
February
March _
April
1948* January
February
March
April
May
June
July
August
September
October
November
December
_-.
-_
_-
-
--
__
Source: U. S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
24
October 1949
Table 12.—Retail Inventories, Year End,'1938-48
[Millions of dollars]
Kind of business
1939
1938
All retail stores
Durable-goods stores
Automotive group
Motor vehicles
Parts and accessories.-.
Building -materials and hardware group
Building materials
Farm implements and hardware _ _
Home -furnishings group
Furniture and housefurnishings
Household appliances and radios...
Jewelry stores
Nondurable-goods stores
Apparel group _
. _ __
_
Men's clothing and furnishings
Women's apparel and accessories
Family and other apparel.. _
__ _. _
Shoes
Drug stores
Eating and drinking places
Food group
.
Filling stations
General-merchandise group
__ _
Department, including mail order
General, including general stores with food_-_
Dry goods and other general merchandise
Variety
_
_
Other retail stores
Liquor__
_
... _
All other
1941
1940
1942
1944
1943
1945
1946
1948
1947
5,039
5,285
5,767
7,262
7,307
6,872
6,906
7,049
10, 739
12, 666
14, 402
1 733
1,804
2,088
2,616
2,268
1,742
1,664
1,747
3,280
4, 525
5,568
533
450
83
687
378
309
354
271
83
159
563
475
88
707
389
318
371
285
86
163
721
616
105
780
433
347
404
307
97
183
892
750
142
911
502
409
586
423
163
227
745
635
110
707
377
330
584
469
115
232
481
384
97
585
301
284
438
352
86
238
396
291
105
602
303
299
420
330
90
246
403
277
126
605
271
334
470
354
116
269
998
773
225
1,015
481
534
911
679
232
356
1,395
1,094
301
1,549
801
748
1,196
837
359
385
1,978
1,625
353
1,831
928
903
1,342
959
383
417
3,306
3,481
3,679
4,646
5,039
5,130
5,242
5,302
7,459
8,141
8,834
659
223
163
113
160
317
68
626
95
1,067
548
210
178
131
474
69
405
686
236
171
118
161
321
74
671
99
1,126
578
201
198
149
504
75
429
686
237
178
117
154
331
94
723
117
1,226
618
221
237
150
502
95
407
867
308
224
146
189
361
151
960
157
1,457
825
189
210
233
693
125
568
1,017
356
286
167
208
379
250
1,082
142
1,486
892
166
199
229
683
144
539
1,034
326
341
162
205
398
322
1,084
116
1,556
891
182
231
252
620
137
483
1,024
318
360
157
189
405
438
1,033
126
1,467
832
199
244
192
749
191
558
896
200
399
138
159
425
418
1,101
139
1,514
824
223
263
204
809
190
619
1,271
321
502
206
242
522
535
1,488
198
2,343
1,417
281
361
284
1,102
245
857
1,460
426
488
222
324
574
476
1,610
295
2,479
1,452
334
394
299
1,247
215
1,032
1,643
491
540
239
373
605
468
1,628
372
2,719
1,578
368
436
337
1,399
203
1,196
Source: U. S. Department of Commerce, Office of Business Economics.
(Continued from p. 5)
1949 capital investment loiver in most industries
Based on the current reports, all major industries other than
the railroads and electric and gas utilities will show a reduction in their plant and equipment outlays from 1948 to 1949.
As can be seen in the following table, 1949 marks the first
postwar decline in the capital expenditures of the manufacturing, mining, commercial and miscellaneous industries.
Transportation (other than railroads), the only industry
which reported lower plant and equipment expenditures from
1947 to 1948, will show the largest relative decline this year.
Percentage Change in New Plant and Equipment Expenditures
Industry
1946-47
All industries
Manufacturing
Mining
Railroad
Other transportation
Electric and gas utilities
Cnrnm.fiT'cial and miscellarifnns
_ _
_
__ _
1947-48
1948-49
+34
+19
-7
+26
+23
+60
+21
+83
+34
+12
+16
+45
-12
+41
+22
—15
-8
+3
-23
+16
-6
Expenditures by the railroads for new plant and equipment in 1949 are only 3 percent above last year—with a
6 percent increase in equipment outlays more than offsetting
a decline of the same relative magnitude in road investment.
The electric and gas utilities with outlays one-sixth higher
than in 1948 thus constitute the only major industry still
showing a substantial capital expansion.
Quarterly trends in investment
As can be seen in chart 4, quarterly expenditures for plant
and equipment "in the first quarter of 1949 were higher than
in the first quarter of 1948—but the following quarters of
this year fall increasingly below the corresponding quarters
of last year. Total outlays roughly adjusted for seasonal
variation are on a plateau from the third quarter 1948 to the
first quarter of 1949 and then taper off in the last 3 quarters
of this year. This downward trend is found in each assetsize group. However, there was a noticeable tendency for
the relative magnitude of decline to increase as the asset size
of the group became smaller.
Among the major industries only electric and gas utilities
indicated an increase in outlays during the last 2 quarters
of this year. Without allowance for seasonal factors, all
other industries indicated that the second quarter would
mark their 1949 peaks. The most sizable declines in the
last 2 quarters of 1949 were anticipated by manufacturing
and the railroads. Within manufacturing, all large industry
groups other than automobiles, rubber, and chemicals
expected to lower their rates of plant and equipment expenditures in the last half of 1949.
Table 3.—Business Expenditures on New Plant and Equipment, 1945-49 1
[Millions of dollars]
1948
Industry
All industries
Manufacturing
_
Mining
Railroad
Other transportation
Electric and gas utilities
Commercial and miscellaneous
1945
_
_ _
_ _
6,630
3,210
440
550
320
630
5
1, 480
1946
1947
Jan.March
12, 040
5,910
560
570
660
1,040
3,300
16, 180
7,460
690
910
800
1,900
4,430
4,170
1,800
180
270
180
500
1,240
AprilJune
4,820
2,140
200
310
190
640
1, 340
JulySept.
4, 830
2,090
200
320
170
690
1,360
1949
OctDec.
5,410
2,320
220
410
170
850
1,440
Total
19, 230
8, 340
800
1,320
700
2,680
5 390
Jan.March
4,460
1,850
190
360
130
680
1 260
AprilJune
4,660
1 880
190
380
140
780
1 290
JulySept.2
4,550
1 770
180
340
140
810
1 300
Oct.Dec.3
4,250
1 620
170
280
130
830
1 240
Total *
17, 920
7 120
740
1 360
540
3 100
5 080
1
2
3
Data represent expenditures of nonagricultural business only and exclude outlays charged to current account.
Based on preliminary estimates of business in July.
Based on
anticipated capital expenditures of business.
* Annual estimates include anticipations for the last quarter of the year. fi Includes trade, service, finance, construction and communication.
Note: Figures are rounded and will not necessarily add to totals.
Source: U. S. Department of Commerce, Office of Business Economics, and Securities and Exchange Commission.
BUSINESS STATISTICS
JL HE DATA here are a continuation of the statistics published in the 1949 Statistical Supplement to the SURVEY OF CURRENT BUSINESS.
That volume contains monthly data for the years 1945 to 1948, and monthly averages for earlier years back to 1935 insofar as available; it also
provides a description of each series and references to sources of monthly figures prior to 1945. Series added or revised since publication of the
1949 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and
a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index numbers and dollar values refer to adjustment of monthly figures for seasonal variation.
Data subsequent to August for selected series will be found in the Weekly Supplement to the SURVEY.
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
1949
1948
October
August
November
December
January
February
March
April
May
July
June
August
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates:
National income, total
__ bil. of dol ..
Compensation of employees, total
do
Wages and salaries, total
_ __ _
do
Private
do
Military
do
Government civilian _ _ _
do
Supplements to wages and salaries
do
Proprietors' and rental income, totalV __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
do
In ventorv valuation adjustment _
do _ _ _
Net interest
do
230.4
143. 3
i38.3
118.6
3.9
15.7
5.0
49.9
24.5
18.8
6.6
234.3
144.9
139.8
119.6
4.1
16.1
5.0
49.7
24.5
18.5
6.7
*• 226. 3
142 5
137.5
117.2
5.0
5.1
47.8
24 0
17.1
6 7
46.7
24.1
15.9
6 7
33.3
36.6
14.4
22.2
-3.3
3.9
35.7
34.5
13.6
20.9
1.2
4.1
'31.8
»-29. 4
' 11.5
f 17 9
31.1
26 4
10.6
15 8
2.3
4.2
4.7
Gross national product, total
_ _ __.do __
Personal consumption expenditures, total do
Durable goods
do
Nondurable goods
do
Services
do
Gross private domestic investment
do
New construction
do
Producers' durable equipment
do
Change in business inventories
do
Net foreign investment
do
Government purchases of goods and services,
total
bil. of dol
Federal (less Government sales)
do
State and local
do
266.5
180.3
24.8
101.8
53.7
47.1
18.7
21.0
7.4
— .1
270.3
180.9
22.9
103.3
54.8
48.0
17.9
21.2
9.0
1.0
262.5
177.9
22 5
99.9
55 4
41.9
16 8
21.0
41
256.1
178.2
23 6
98.7
55 9
34.0
16 5
20.3
—2 8
.6
.8
39.2
22.8
16.4
40.3
23.4
16.9
42 1
25 1
17 0
43 1
25.4
17 7
Personal income, total
do
Less: Personal tax and nontax payments. __do
215.4
20.2
195.2
15.0
216.6
20.4
196.2
15.3
213 7
18.7
195 0
17.1
212 9
18.7
194 2
16.0
Equals' Disposable personal income
do
Personal saving §
do ___
223.7
141 7
136.6
116.0
40
16.5
4.1
16.2
*
4 3
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income
_ . _. bil. of dol
Wage and salary receipts, total _ _
do
Employer disbursements, total
do
Commodity-producing industries
Distributive industries
Service industries _
do
do
do
Government
do
Less employee contributions for social insurance
bil. of dol
Other labor income do
Proprietors' and rental income
do
Personal interest income and dividends. _do
Total transfer payments
.do _
Total nonagricultural income
do ___
215.4
136. 5
138.7
61.9
40.2
16.9
19 7
216. 3
137.7
139.9
62.8
40.4
16.7
20.0
216.3
138.1
140.3
62.7
40.4
16.9
20 3
216.6
137.5
139 7
62.7
39.8
16 9
20 3
217.0
137.1
139.4
62.3
40.0
16.9
20 2
215.7
1316
138 9
61.4
40 2
17 0
20 3
212.9
135 0
137 3
60.6
39 5
16 9
20 3
212.4
133 5
135 8
58.9
39 4
17 1
20 4
212.5
134 7
136 8
58.6
40 5
17 1
20 6
213.1
135.0
137 2
58.3
41 1
17 3
20 5
"•211.9
'
133. 9
r
136 2
••58.1
r
40 3
17 1
2.2
2.0
49.5
16.3
11.1
2.2
2.0
49.4
16.5
10.7
2.2
2.0
49.0
16.8
10.4
2 2
2.0
49 8
16.9
10.4
2 3
2.0
50.3
16.9
10.7
2 3
2.0
49 0
17.0
11.1
2 3
2.1
47 2
17.1
11 5
23
21
47 3
17.1
12 4
21
21
46 3
17.2
12 2
2 2
21
46 7
17.3
12 0
23
22
192.0
193.3
192.9
192.8
193.6
192.6
191.7
191.4
192.3
192 6
r
r 20 7
r 46 5
>-17. 2
12 1
r
191. 5
r 20 9
211.5
134 5
136 7
58.0
40 6
17 2
20 9
2 2
21
r 44 2
' 17.1
12 1
2 2
2 2
45 5
17.0
12 3
191 2
192 1
209.7
r 134. 2
r
136 4
r
57.8
MO
5
r
17 2
NEW PLANT AND EQUIPMENT
EXPENDITURES
All industries, quarterly total
Manufacturing
Mining
Railroad
Other transportation
_
Electric and gas utilities
Commercial and miscellaneous
mil. of dol
do ___
_ do
do_
_ do
__ _do
do
4,830
2,090
200
320
170
690
1,360
5,410
2,320
220
410
170
850
1,440
4 460
1, 850
190
360
130
680
1,260
r
4 660
1, 880
r
190
r
380
140
r
780
r
1, 290
r
«• Revised.
11ncludes inventory valuation adjustment.
§ Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
857500—49
4
S-l
SUEVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1940
1948
August
September
1949
October
November
December
January
February
March
April
May
June
July
August
GENERAL BUSINESS INDICATORS— Continued
FARM INCOME AND MARKETINGS
Cash receipts from farming, including Government
payments, total t
- mil. of dol _
Farm marketings and GOG loans, total
do
Crops
do
Livestock and products, total
do
Dairy products
_ __ _ do
Meat animals
do
Poultry and eggs
."
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted: t
All commodities
1935-39=100_.
Crops
do
Livestock and products
do _ Indexes of volume of farm marketings, unadjusted itAll commodities
1935-39=100
Crops
_
do._ _
Livestock and products
do
INDUSTRIAL PRODUCTION
Federal Reserve Index
Unadjusted, combined index
1935-39=100 -
2,761
2,755
1,304
1,451
410
766
258
2,996
2,991
1,485
1,506
356
864
271
3,878
3,871
2,299
1,572
328
952
278
3,225
3,215
1,663
1,552
281
931
328
2,706
2,696
1,304
1,392
280
789
312
2,383
2,367
1,080
1,287
305
752
223
1,783
1,768
689
1,079
283
589
200
1,973
1,946
677
1,269
327
692
242
1,850
1,823
592
1,231
326
623
265
1,944
1,915
639
1, 276
361
627
259
2,053
2,036
757
1,279
359
647
239
2,177
2,168
972
1,196
347
592
233
2,445
2,439
1,190
1,249
328
661
245
415
457
383
450
520
397
583
805
415
484
582
410
406
457
367
356
378
340
266
241
285
293
237
335
275
209
325
288
224
337
306
265
338
326
340
316
367
417
330
152
179
131
164
204
134
219
314
147
176
213
149
157
182
138
145
160
135
113
103
120
120
94
139
114
81
140
123
89
149
132
110
148
141
145
138
162
190
140
194
197
199
195
190
187
185
181
177
174
170
'163
"173
200
203
205
202
197
195
193
190
183
179
176
'169
"180
Durable manufactures
do
Iron and steel
do
Lumber and products- _ __
_ do
Furniture
do
Lumber
_ . _ do._ _
Machinery
do
Nonferrous metals and products
do._ .
Fabricating
_
do
Smelting and refining
do
Stone, clay, and glass products
do
Cement
do
Clay products
- do
Glass containers
do
Transportation equipment
- do
Automobiles (incl. parts)
do
224
207
158
163
156
271
186
185
190
218
210
180
227
230
198
227
214
153
165
147
273
192
192
193
216
213
175
231
231
197
232
221
154
170
145
277
192
192
191
220
214
180
230
243
209
229
224
142
169
128
276
188
192
176
208
211
178
191
238
203
229
223
132
168
113
277
184
185
183
199
193
178
171
246
208
225
228
118
154
100
268
183
182
186
192
169
166
185
244
209
223
232
115
154
96
262
185
180
200
187
168
166
179
241
206
221
233
124
150
110
252
183
172
210
185
171
163
178
240
204
212
219
126
144
116
240
167
151
209
186
202
160
179
235
203
202
204
129
139
124
232
145
123
200
••190
206
156
202
220
184
195
177
"129
'139
124
'225
'108
192
' 188
209
153
'204
' 241
' 212
186
156
'121
'136
113
'216
'127
' 106
'179
187
209
'140
214
'248
'223
"195
178
"136
"148
"131
"216
"142
"127
"180
"197
207
147
Nondurable manufactures
Alcoholic beverages
Chemicals products
Industrial chemicals
Leather and products
Leather tanning
Shoes
Manufactured food products
Dairy products
Meatpacking
Processed fruits and vegetables
180
184
256
450
112
103
119
174
183
203
258
446
114
109
117
173
"122
142
197
179
212
258
449
104
103
104
161
"95
173
129
171
174
258
450
99
102
97
153
j>92
181
111
170
153
255
447
108
104
111
148
"92
179
90
168
159
251
435
116
115
117
146
"104
149
86
164
173
248
427
113
99
123
145
"124
141
85
159
163
239
417
106
96
113
148
160
134
94
160
182
233
406
101
95
105
156
"203
138
102
161
190
228
395
104
95
'110
165
•223
139
' 133
'156
188
222
382
94
80
104
'173
"168
179
"224
111
203
185
195
257
448
118
106
126
188
"158
124
317
140
'180
165
160
"221
178
147
207
166
127
318
168
184
166
160
"207
181
155
205
168
132
322
166
178
172
167
"217
181
167
205
167
129
319
168
180
170
163
"227
183
163
203
164
122
322
162
173
153
149
"231
184
158
200
156
114
317
151
136
163
158
"228
184
149
193
160
123
313
150
158
158
154
"221
185
152
188
157
125
305
143
153
151
148
"213
178
156
182
142
120
275
122
163
142
142
"209
182
157
177
129
111
240
112
153
144
139
175
158
178
123
103
214
118
170
143
138
"202
159
148
r
178
127
105
'217
124
179
'128
125
"197
139
'134
' 175
'121
87
'238
111
152
"157
"150
"200
146
" 142
" 181
"139
111
258
164
166
117
158
174
149
160
162
119
156
170
148
161
166
118
152
176
132
160
167
116
155
177
114
151
164
103
145
177
77
143
156
88
145
167
68
143
155
74
142
168
76
131
137
52
93
163
93
146
148
88
144
156
134
148
149
105
144
155
142
137
135
78
104
153
'160
128
'126
93
80
' 147
'140
"133
p 133
"80
f 108
"148
"132
Manufactures
Paper and products
Paper and pulp
Petroleum and coal products
Coke
Printing and publishing
Hubber products
Textiles and Droduets
Cotton consumption
Hayon deliveries
Wool textiles
Tobacco products
Miinerals
Fuels
_
Anthracite
Bituminous coal
Crude petroleum
Metals
-
do
do
do
-- do
do
do _do
do
do
do
do
do. -
-
Adjusted combined index ^
Manufactures
Durable manufactures
Lumber and products
Lumber
_
Nonferrous metals
Smelting and refining
_Stone, clay, and glass products
Cement
Clay products
_ _ _
Glass containers-.
do_ _- do
do
do
do
do
do
do
do
do__ _
do
do
dodo
do
do
do--_
•
'133
"245
"223
"111
"122
"184
"196
"134
"275
184
do
191
192
195
195
192
191
189
184
179
174
169
162
"170
do
197
199
202
201
199
198
196
193
184
179
175
'168
"177
do__do.-_
do _
do
do _
do_ _ do
d o_ _
do_-_
223
148
140
186
190
210
186
175
218
225
143
132
192
193
207
183
169
226
231
147
135
192
191
210
184
171
224
229
145
133
187
175
203
195
172
189
231
143
131
184
183
205
212
173
184
227
129
117
183
186
204
208
180
189
225
123
107
223
129
119
183
210
195
208
171
178
212
126
118
167
209
189
213
164
179
201
126
120
145
200
-•185
196
157
189
194
* 123
114
' 133
193
187
195
'152
'206
185
115
104
'128
'180
185
190
'139
223
"194
"128
"118
"142
" 180
"189
183
"142
is:
200
202
222
176
184
178
173
177
178
179
175
173
Nondurable manufactures
do
168
162
161
'155
160
"164
179
189
186
217
197
181
Alcoholic beverages
do._177
164
174
187
165
169
172
257
259
255
257
250
257
257
245
Chemical products
. do
237
234
231
226
"226
102
113
113
100
113
119
108
Leather and products
do_-_
113
106
101
105
96
"112
100
103
105
103
108
108
Leather tanning
_ _ _ do - 107
99
96
95
84
97
163
159
160
Manufactured food products
do_ _ .
156
161
158
162
162
162
163
'162
' 165
"163
v 144
" 144
"154
"150
f 144
"148
"145
Dairy products
do___
"150
"154
"153
"151
"151
"152
155
154
133
141
152
126
156
Meat packing
do
153
145
137
141
150
"153
142
162
152
140
138
136
Processed fruits and vegetables
do._107
154
155
156
'139
' 173
"145
169
165
172
153
Paper and products
_ ____
do _ _
166
163
158
151
146
144
143
129
"157
163
150
160
154
161
167
158
141
V Ifift
Paner and DU!D
do-_.
147
139
137
' Revised. " Preliminary.
JData have been revised beginning January 1947 to incorporate revisions in reports on production and sales of farm products; revised figures for January 1947-July 1948 are available upon
request, f Seasonal factors for a number of industries were fixed at 100 during 1939-42; data for these industries are shown only in the unadjusted series.
SURVEY OF CURRENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-3
1948
August
September
October
1949
November
December
January
February
March
April
May
June
July
August
GENERAL BUSINESS INDICATIONS—Continued
INDUSTRIAL PRODUCTION—Continued
Adjusted^— Continued
Manufactures— Continued
Nondurable manufactures — Continued
Petroleum and coal products.. .1935-39 =100-Printing and publishing
do_.
Tobacco products
do
»221
155
178
*>207
154
168
P217
164
174
P227
156
170
*231
154
146
*228
155
159
*221
153
160
*213
153
172
*209
152
162
*207
155
170
P202
149
172
*197
'145
146
*200
149
178
159
115
156
119
158
113
161
121
156
110
149
104
149
113
136
129
148
145
145
126
134
'124
'123
'106
P128
*99
Business sales (adjusted), 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
39.2
19.7
8.1
11.6
8.5
2.2
6.3
11.0
3.4
39.4
19.9
8.4
11.5
8.5
2.3
6.2
11.0
3.3
38.0
19.0
8.0
11.0
8.1
2.1
6.0
10.9
3.2
38.6
19.6
8.4
11.3
8.2
2.1
6.1
10.8
3.2
38.3
19.1
8.3
10.7
8.2
2.0
6.2
11.0
3.3
7.7
36.2
17.9
7.6
10.3
7.7
1.7
6.0
10.6
3.0
7.6
36.6
18.2
7.8
10.4
7.7
1.7
5.9
10.7
3.2
7.5
37.0
18.4
7.8
10.6
7.9
1.9
6.0
10.7
3.3
7.4
35.8
17.6
7.4
10.2
7.4
1.7
5.7
10.8
3.3
7.5
35.9
17.7
7.5
10.3
7.5
1.8
5.7
10.7
3.3
7.4
36.3
17.9
7.7
10.2
7.7
1.8
5.9
10.7
3.3
7.3
34.7
17.1
7.2
9.9
7.1
1.6
5.5
10.5
3.3
7.2
37.1
18.7
7.9
10.8
7.7
1.8
5.9
10.7
3.5
7.2
Business inventories, book value, end of
(adjusted), total
bil
Manufacturing, total
Durable-goods industries
Nondurable-goods industries
Wholesale, total..
Durable-goods establishments.. _ _ _ _
Nondurable-goods establishments
Retail trade, total
_ __
_
Durable-goods stores
Nondurable-goods stores.
month
of dol
do
do
do ___
do
do
do
do
do
do
56.8
32.9
15.3
17.6
9.4
3.1
6.3
14.5
5.3
9.2
57.9
33.4
15.5
18.0
9.6
3.2
6.4
14.9
5.3
9.6
58.1
33.5
15.6
17.8
9.7
3.2
6.5
14.9
5.6
9.3
58.4
33.7
15.9
17.8
9.7
3.3
6.4
15.0
5.6
9.4
58.6
34.1
16.2
17.9
9.5
3.3
6.2
15.0
5.8
9.2
58.6
34.4
16.5
17.9
9.5
3.4
6.1
14.7
5.7
8.9
58.3
34.4
16.6
17.8
9.5
3.4
6.1
14.4
5.7
8.8
58.2
34.2
16.5
17.7
9.3
3.4
5.9
14.7
5.8
8.9
57.8
34.0
16.5
17.5
9.3
3.4
5.9
14.5
5.7
8.8
56.9
33.6
16.0
17.5
9.2
3.3
5.9
14.1
5.4
8.8
56.4
33.1
15.7
17.5
9.0
3.2
5.8
14.2
5.4
8.8
55.4
32.4
15.2
17.1
9.1
3.1
6.0
13.9
5.3
8.6
54.8
31.7
14.9
16.8
9.2
3.0
6.2
13.9
5.3
8.5
Manufacturing inventories (unadjusted), by
stages of fabrication, total
bil. of dol..
Pur chased materials
do
Goods in process
do
Finished goods
__do__ .
32.8
13.6
8.1
11.1
33.2
13.8
8.0
11.3
33.4
13.8
8.2
11.4
33.8
13.9
8.2
11. 7
34.2
14.1
8.1
12.0
34.6
14.1
8.2
12.3
34.6
13.9
8.3
12.4
34.4
13.6
8.2
12.5
33.9
13.3
8.2
12.4
33.4
12.8
8.3
12.4
32.9
12.4
8.1
12.4
32.3
12.2
8.0
12.2
31.7
11.9
7.8
12.0
Sales, total
mil. of dol.
Durable-goods industries, total ... _
_ _ d o __
Iron, steel, and products
do
Nonferrous metals and products
do
Electrical machinery and equipment . _ do
Machinery, except electrical
do
Automobiles and equipment
do
Transportation equip., except autos
do
Lumber and timber basic products
_ do ._
Furniture and finished lumber products. -do
Stone, clay, and glass products
do _.
Other durable-goods industries
do
19, 652
8, 093
2,059
639
765
1,287
1,197
427
500
413
392
413
19, 902
8,394
2,160
687
823
1,326
1,215
437
501
420
394
431
18, 978
8,014
2,104
627
792
1,262
1,191
404
462
402
380
391
19, 648
8,369
2,203
644
837
1,298
1,232
476
460
406
397
416
19, 065
8,341
2,251
640
812
1,340
1,235
510
411
355
382
405
17,880
7,550
2,033
595
729
1,238
1,176
406
351
299
358
366
18, 175
7,757
2,081
602
716
1,270
1,217
483
349
302
373
364
18, 451
7,805
2,054
567
742
1,325
1,222
453
384
337
371
351
17, 643
7,445
1,883
488
720
1,261
1,289
426
370
316
332
361
17, 741
7,488
1,768
452
741
1,229
1,389
484
381
328
367
350
17, 990
7,745
1,811
512
730
1,195
1,553
454
417
339
369
366
17,114
7,207
1,703
418
669
1,063
1,558
487
362
288
349
310
18, 689
7,876
1,818
544
729
1,090
1,740
493
419
329
383
331
Nondurable-goods industries, total...
do
Food and kindred products ... . _ do _..
Beverages
do
Tobacco manufactures
do
Textile-mill products
do
Apparel and related products
_
do
Leather and products
do
Paper and allied products
do
Printing and publishing
do
Chemicals and allied products
do
Petroleum and coal products .
do
Rubber products
do
Other nondurable-goods industries . ._ do
11, 559
3,226
570
293
1, 286
1,098
343
570
571
1,289
1,722
331
259
11, 508
3,176
524
280
1,259
1,096
332
578
591
1,300
1,732
317
322
10, 964
3,117
511
256
1,148
976
321
567
514
1,224
1,731
294
304
11, 279
3,029
514
292
1,530
1,009
277
551
528
1,205
1,735
291
318
10, 724
3,036
537
272
1,116
894
272
538
571
1,167
1,742
280
298
10, 330
3,028
498
272
' 986
958
256
502
588
1,138
1,554
260
290
10, 418
3,040
482
274
1,014
978
288
497
619
1,129
1,545
251
302
10, 646
2,923
601
292
1,028
1, 043
294
486
641
1,152
1,584
260
342
10, 198
2,942
607
266
943
895
291
461
596
1,086
1,540
257
314
10, 253
3,027
671
284
936
807
279
451
573
1,144
1,523
248
310
10, 244
3,006
701
279
984
685
303
461
592
1,143
1,525
266
300
9,907
2,774
674
271
968
770
282
497
555
1,106
1,511
271
227
10, 813
2,863
720
298
1,131
994
310
582
544
1,217
1,596
315
242
32,841
15, 270
3,288
1,021
1,955
3,472
1,929
958
608
749
529
762
33. 380
15, 479
3,337
1,046
1,983
3,499
1,972
974
609
761
536
762
33, 528
15, 611
3,387
1,050
1,992
3,510
1,980
952
654
756
555
774-
33, 810
15, 895
3,484
1,045
1,999
3,564
2,054
980
664
761
560
784
34,066
16, 182
3,523
1,078
2,018
3,618
2,133
998
666
780
577
792
34, 409
16, 539
3,586
1,062
2,059
3,666
2,212
996
737
814
593
814
34, 409
16, 629
3,633
1,029
2,088
3,688
2,217
976
744
835
605
813
34,223
16, 528
3,632
1,096
2,063
3,691
2,194
951
698
817
572
815
34,018
16, 466
3,654
1,123
2,024
3,628
2,201
926
737
795
570
808
33, 565
15, 994
3,629
1,120
1,941
3,533
2,008
909
725
787
557
785
33, 250
15, 727
3,564
1,136
1,888
3,484
1,977
915
652
786
563
762
32, 367
15, 225
3,459
1,115
1,806
3,386
1,904
903
617
757
548
731
31, 656
14, 861
3,405
1,080
1,735
3,339
1,839
877
588
746
526
726
Minerals _ _
Metals
-
do
do
BUSINESS SALES AND INVENTORIES *
MANUFACTURERS' SALES AND INVENTORIES—VALUE (ADJUSTED)*
Inventories, book value, end of month, total
do
Durable-goods industries, total
do
Iron, steel, and products
do
Nonferrous metals and products
do
Electrical machinery and equipment
do
Machinery, except electrical
_ _ _ _.. -_do
Automobiles and equipment
do
Transportation equip., except autos
_-do
Lumber and timber basic products
do
Furniture and finished lumber products- do
Stone, clay, and glass products..
do .
Other durable-goods industries
do
Nondurable-goods industries, total
do
17, 571
17, 142
17, 901
17, 780
17, 552
17, 572
17, 917
17, 916
17, 695
17,524
16, 795
17, 870
17,884
Food and kindred products
.
do
3,135
3,045
3,015
2,975
2,993
3,026
2,842
3,029
3,028
3,114
3,011
3,010
2,740
Beverages
__
do _ _
1,062
1,052
1,082
1,075
1,114
1,108
1,095
1,030
1,059
1,052
1,118
1,102
1,032
1,614
Tobacco manufactures
do
1,522
1,656
1,633
1,614
1,619
1,577
1,595
1,611
1,631
1,598
1,568
1,670
Textile-mill products
do2,404
2,482
2,395
2,361
2,383
2, 450
2,448
2,466
2,521
2,509
2,316
2,410
2,242
Apparel and related products
... . do _ _
1,404
1,412
1,421
1,701
1,636
1,564
1,691
1,588
1,494
1,436
1,363
1, 350
1,540
Leather and products
..
do
626
632
617
624
630
616
609
606
595
605
634
598
590
Paper and allied products
do_ 894
870
890
886
889
872
887
906
919
911
832
795
909
Printing and publishing
do
599
611
617
629
610
640
645
616
609
628
580
565
645
Chemicals and allied products
do .
2,264
2,411
2,278
2,366
2,429
2,316
2,270
2,390
2,445
2,435
2,346
2,428
2,355
Petroleum and coal products
,
do
2,203
2,539
2,344
2,432
2,495
2,546
2,271
2,408
2,446
2,544
2,528
2,516
2,527
Rubber products
_
do
625
641
661
661
650
650
667
650
661
653
648
644
600
Other nondurable-goods industries
do
521
415
514
513
510
513
425
420
412
414
420
427
398
' Revised. X]Preliminary. !Seenotemarked"V' on p. S-2.
*New series. Except as otherwise stated, seasonally adjusted dollar sales, inventories, and new orders are substituted in this issue of the SURVEY for the unadjusted dollar values and indexes
ormerly shown; for earner figures and details regarding the new series, see pp. 12-24. Sales and inventories of service and limited-function wholesalers only are published currently on p. S-10.
STJKVEY OF CURRENT BUSINESS
S-4
October 1949
1949
1948
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August
September
October
November
December
January
February
March
April
May
June
July
August
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' NEW ORDERS f
Value (adjusted),* total
mil.
Durable-goods 'industries total
Iron steel, and products
Nonferrous metals and their products
Machinery except electrical
Electrical machinery
Transportation equipment
Other durable-goods industries
Nondurable-goods industries
of dol
do
do
do
do
do
do
do
do
BUSINESS POPULATION
OPERATING BUSINESSES AND BUSINESS
TURN-OVER
r
3 989 1
325 4
327 6
856 3
1, 706. 1
202 8
570.7
Operating businesses total end of quarter thous
Contract construction
do
Manufacturing
do
Service industries
do
Eetail trade .._
do
^^holesale trad6
do
All other
do
3 964 7
»-323 9
r 320 0
r
852 4
" 1, 696. 1
202 7
r
569 5
3,935 3
323 4
308 1
849 1
1, 684. 7
202 4
567.7
95.1
16 1
91
19.8
34 5
New businesses quarterly total
Contract construction
IVTanufacturing
Service industries
Retail trade
Wholesale trade
All other
do
do
do
do
do
do
do
90 4
14 4
9 2
18.8
32 8
41
11 1
77 6
11 3
7 5
16.4
28 8
39
9 8
Discontinued businesses quarterly total
Contract construction
Manufacturing
Service industries
Retail trade
Wholesale trade
All other
do
do
do
do
do
do
do
95 5
10 9
11.5
20 7
37 7
38
10.8
r 102 0
2S 8
M0
11 0
124 4
16 6
21.0
23 2
45 9
4 7
12.9
Business transfers quarterly total
do
86.9
70.6
102.2
4.4
r H I
••12 8
r
15.1
'20 4
T
r
BUSINESS INCORPORATIONS
New incorporations (48 States)*
number
6 723
6,930
6,686
6,413
7,421
7,906
6,362
7,637
7,273
7,445
7,260
439
35
40
398
38
37
461
52
40
460
31
37
531
36
64
566
41
53
685
44
63
849
89
77
877
76
68
776
59
63
828
75
74
719
49
61
810
53
55
129
267
76
170
318
215
366
229
406
202
351
215
372
188
344
221
385
102
98
101
92
77
96
2,476
15, 009
5,728
3,458
97, 444
65, 048
3,018
17, 075
7,269
5,034
31, 930
5,774
1,519
24, 523
6,139
3,975
28, 374
5,390
1,434
11, 182
6, 034
4,334
28, 161
1,862
2,476
13, 500
6,234
4,089
21, 804
1,393
1,845
10, 183
5,629
2,754
31, 175
1,187
2,272
16, 008
6,424
5,284
260
236
227
178
410
241
207
236
238
282
333
240
221
256
234
227
174
411
242
215
213
231
277
328
234
217
252
225
212
168
412
243
211
175
219
277
331
230
213
249
220
207
171
412
243
194
185
205
275
324
236
214
245
212
204
166
407
236
160
174
225
276
317
243
226
258
264
250
246
257
263
250
245
257
264
248
245
256
263
247
244
254
260
247
243
INDUSTRIAL AND COMMERCIAL
FAILURES
Failures total
Commercial service
Construction
__
Manufacturing and mining. __
Retail trade
__
Wholesale trade
Liabilities, total
Commercial service
Construction
Manufacturing and mining
Retail trade
- Wholesale trade
number
do
do
do
do
do
thous. of dol
do
do
do
do
_do_ __
109
194
61
21, 442
9,034
1 861
5,580
3,036
1,931
98
173
52
20,703
1,032
1 101
12, 165
2,729
3,676
112
188
69
101, 060
77, 709
1 135
14, 160
5, 917
2, 139
129
208
155
217
55
59
24, 416
1,382
31, 731
955
2 396
21, 980
4,247
2,184
15, 933
3,456
2,690
924
19, 159
1,174
1,892
8,625
4,841
2,627
90
27,567
896
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products §---1909-14=100-Crops
_ __
_ _ - do- _ Food grain
_ _ do
Feed grain and hay
do
Tobacco
do
Cotton
do
Fruit
_- _- -do
Truck crops
do
Oil-bearing crops
do
Livestock and products
do
Meat animals
do
Dairy products
do
Poultry and eggs
do
Prices paid:
All commodities
1910-14—100
Commodities used in living
do
Commodities used in production
do
All commodities, interest and taxes
do
293
236
235
386
245
183
172
310
344
411
305
247
290
231
223
223
406
250
185
150
282
343
408
302
253
277
227
226
192
418
251
174
176
270
323
373
289
260
271
224
234
181
412
246
157
186
283
313
351
284
272
268
228
236
184
415
239
164
209
283
305
339
283
260
268
238
232
187
412
236
180
282
274
295
330
275
240
258
233
221
173
412
235
181
285
244
280
315
264
218
261
232
224
178
411
232
189
263
242
287
335
254
217
266
275
254
251
265
275
253
250
263
273
249
249
262
272
249
248
262
271
250
248
260
267
250
248
257
264
249
245
258
265
249
246
227
r
111
116
109
108
105
Paritv ratio
do
106
106
104
102
117
108
103
101
r
Revised. * Preliminary. fSee note marked "*" on p. S-3; data on new orders will be shown in the November SURVEY.
*New series. Data are compiled by Dun and Bradstreet, Inc.; they are available for the 48 States beginning 1946 and for 47 States (excluding Louisiana) beginning July 1945.
§September 1949 indexes: All farm products, 249; crops, 211; food grain, 210; feed grain and hay, 167; tobacco, 400; cotton, 270; fruit, 143; truck crops, 205; oil-bearing crops, 213; livestock and
products, 284, meat animals, 326; dairy products, 249; poultry and eggs, 237.
SUKVEY OF CURKENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-5
1949
1948
August
Se
P|frm-
December
October
January
February
March
April
May
June
July
August
COMMODITY PRICES—Continued
RETAIL PRICES
All commodities (U. S. Department of Commerce
index)
1935-39=100
196.3
196.2
195.0
193.4
192 5
191.5
189.2
189.4
189.2
188.3
188.3
186.8
186.7
Coal (U. S. Department of Labor indexes):
Anthracite
Oct. 1922-Sept. 1925=100 .
Bituminous
do
144.9
158.5
145.4
159.1
145.5
159 2
145.5
159 2
145.5
159 2
147.0
159 5
149.1
160 0
149.1
160. 0
144.9
158.1
140.7
154.7
142.3
'154.8
143.0
154.8
143.4
154.9
174 5
199.7
216.6
170.8
211.0
199 6
267.0
136.8
94.5
190.1
196.3
117.7
152 4
174 5
201.0
215 2
170.7
208.7
195 8
265.3
137.3
94.6
191.0
198 1
118.5
152 7
173 6
201. 6
211 5
170.0
203.0
193 5
256.1
137.8
95.4
191.4
198 8
118.7
153 7
172 2
201.4
207 5
169 9
199.5
189 4
246. 7
137.9
95 4
191.6
198 7
118.8
153 9
171 4
200.4
205 0
170 2
199.2
192 3
241 3
137.8
95 3
191.3
198 6
119.5
154 0
170 9
196. 5
204 8
170.5
196.0
205 2
235. 9
138.2
95 5
191.8
196 5
119.7
154 1
169 0
195.1
199 7
170.0
192.5
213 7
221.4
138.8
96.1
192.6
195 6
119.9
154 1
169 5
193.9
201 6
170.1
190.3
214 5
229.6
138.9
96.1
192.5
193 8
120.1
154 4
169 7
192.5
202.8
170.3
184.9
218.6
234.4
137.4
96.8
187.8
191.9
120.3
154 6
169 2
191.3
202.4
170.1
182.6
220.7
232.3
135.4
96.9
182.7
189.5
120.4
154 5
169.6
190.3
204.3
169.7
182.0
217.9
240.6
135.6
96.9
183.0
187.3
120.6
154 2
168.5
188.5
201.7
169.5
182.2
210.2
236.0
135.6
96.9
183.1
186. 8
120.7
154.3
168.8
187.4
202.6
169.4
184.9
201.9
239. 5
135.8
97.1
183.1
184.8
120. 8
154 8
Consumers' price index (U. S. Dept. of Labor):
All items
1935-39 — 100
AppareL.
do
Food
do
Cereals and bakery products
do
Dairy products
_ _ .
do
Fruits and vegetables
do
Meats, poultry and
fish.
_
do
Fuel, electricity, and refrigeration
,_do
Gas and electricity
do
Other fuels
___ do _
Housefurnishings
do
Rent do
Miscellaneous
do
WHOLESALE PRICE SJ
U. S. Department of Labor indexes^
All commodities
__ .1926=100..
Economic classes:
Manufactured products
do_ _
Raw materials
do
Semimanufactured articles
_._ .do. _
Farm products
_ do
Grains _
_
do
Livestock and poultry _ _ __
do
Commodities other than farm products. -do
Foods
_
Cereal products..
Dairy products
Fruits and vegetables
Meats, poultry, and
fish.
do
__ do _
do
do
.do
Commodities other than farm products and
foods
1926=100
Building materials
.
do
Brick and tile
do ...
Cement
do
Lumber
do
Paint and paint materials
__do
169.8
168.9
165.4
164.0
162.4
160.6
158.1
158.4
156.9
155.7
' 154. 5
* 153. 6
153.0
164.6
182.3
161.2
191.5
179.2
250.0
164.7
164.0
181.0
160.4
189.9
176.9
244.2
164.1
160.3
177.0
160.0
183.5
170.4
223.4
161.2
158.8
175 2
161.0
180 8
171.1
213.4
160.1
157.6
172 2
160.8
177 3
171.1
204.6
158.9
156.2
169.3
160.4
172 5
167.7
194.7
157. 8
154.0
165.8
159.6
168.3
157.2
187.2
155.7
154.1
167.3
156.9
171.5
162.6
195.0
155.3
153.0
165.8
153.1
170.5
163.8
189.0
153.7
151.5
165.9
149.4
171.2
159.9
191.5
152.1
r 150- 7
164.5
146.5
168. 8
154.9
193.3
'151.2
' 149. 7
r
163. 2
146.0
166.2
154.1
' 188. 5
' 150. 6
149.5
161.3
147.9
162.3
150.4
186.3
150.7
189.8
154.0
185.1
140.5
273.7
186.9
153.3
179.9
139.4
266.5
178.2
149.6
174.9
137.1
239.8
174.3
150.5
170 7
139.6
227.4
170 2
150.0
171 2
139.8
220.8
165 8
148.0
163 6
145 3
214.2
161.5
146.7
159 8
152.3
205.1
162.9
146.5
154 8
151.7
214.8
162.9
145.3
147 2
158.1
216.0
163.8
145. 1
145.9
167.3
215.2
162.4
145.6
145.5
157.5
215.5
161.3
146.1
149.2
145. 4
212.2
160 6
142.8
152 7
130.3
210.7
153.3
203.8
159.2
133.0
319.9
158.4
153.6
204.1
159.5
133.2
317.4
160.0
153.4
203.7
160.1
133.6
315.4
160.1
153 6
203.1
160.4
133.6
311.2
161.4
153 1
202.2
160.5
133 4
305.9
161.2
152 9
202 3
162.5
134 1
299.5
166.3
151 8
201.5
162.4
134 3
296.9
165.3
150 7
200.0
162.4
134 3
294.7
162.3
148.9
196.5
160.8
134.3
290.6
157.9
146 8
193.9
160.8
134 3
285.2
157.4
145. 1
189. 0
161.5
133.6
r
277. 4
145.2
145 1
188 •>
161.4
133 6
277 4
143 8
r
r
r
r
145. 6
191.4
160.8
134.3
280. 7
153.6
r
r
r
Chemicals and allied products
Chemicals
_.
Drug and pharmaceutical materials
Fertilizer materials
Oils and fats
_.
do
do
do
do
do
133.2
127.2
153.4
114.9
185.1
134.5
127.0
152.7
116.2
193.6
135.5
128.5
152.7
117 2
194.5
134.4
125.8
152.0
119 5
195.1
131.1
123 4
151.5
120 1
179.4
126.3
122 2
150.4
120 8
146 1
122.8
119 5
148.9
120 8
131. 7
121.1
118 4
142. 4
119 6
129.3
117.7
117 2
123.0
119 7
121 2
118.2
116.9
123.6
118 9
127.0
116.8
116.9
124.3
117 5
116.9
118.1
118.1
124.7
120.7
118.5
119.7
118 0
125 0
121 8
130 3
Fuel and lighting materials
Electricity
Gas
Petroleum and products
do
do
do
do
136.4
65.5
86.9
122.1
136.9
66.3
90.7
122.2
137.3
66 5
90.9
122.8
137.6
67 3
92.6
122.8
137.2
67 7
91.1
122.0
137 1
67 7
88 1
121.3
135.9
68 5
91.9
118.7
134.3
67 9
92 8
115.9
132.0
67 9
92 3
113.3
130.1
68 2
90.9
110.7
129.9
68 9
90 1
110.4
129.9
129 7
89.5
110.2
109 7
Hides and leather products
Hides and skins
Leather
__
Shoes
do
do
do
do
188.4
212.1
186.0
189.4
187.4
210.6
181.9
190.0
185.5
202.0
180.4
189.7
186.2
206.0
183.8
188 1
185.3
197 2
186.5
188 0
184.8
198 7
185.4
187 8
182.3
185 9
183.9
187 8
180.4
181 8
178.9
187 8
179.9
183 4
177.8
186 9
179.2
188 2
177.4
184 0
178 8
186 0
177.1
184 1
r
r
177. 8
184. 7
175.4
183 8
179
194
173
183
Housefurnishing goods
Furnishings
__ _..
Furniture
do
do
do
145.4
149.3
141.6
146.6
151.5
141 6
147.5
152.5
142.5
148.2
153.6
142 8
148.4
153 6
143 1
148. 8
153 6
142 8
148.3
154 2
142 3
148.0
153 9
142 1
147.0
152 4
141 6
146.2
151.9
140 3
145.1
150 9
139 3
r
r
r
143. 1
149.3
136 9
143.0
149 2
136 6
do
do
do
do
171.0
163. 2
165 9
153.9
172.0
164.0
166 4
157.0
172 4
164 5
167 0
157.3
173 3
165 0
171 4
157.3
173 8
165 4
172 5
157.3
175 6
169 1
172 5
156.9
175 5
169 1
172 5
156.1
174 4
168 3
168 4
155.3
171 8
166 2
156 4
154.9
168 4
165 1
138 2
154.7
r 167 5
r
168 3
164 2
132 1
154.7
168 7
163 8
135 9
154.7
Textile products
Clothing
Cotton goods
Hosiery and underwear
Rayon and nylon
Silk..
Woolen and worsted goods*
do
do
do
do
do
do
do
150 4
148 7
250 3
104.7
41.6
46 4
158.4
149 3
148 6
199.8
104.5
41.8
46.4
158.9
148 3
148 8
195 0
104.3
41.8
46 4
159.6
147 4
149 1
191 2
104.0
41.8
46 4
159.6
146 7
148 8
189 2
103.7
41.8
46 4
159.6
146 1
147 7
186 9
102.5
41.8
50 1
161.6
145 2
147 3
184 8
101.3
41.8
50 1
162.1
143 8
147 1
180 1
101.2
41.8
50 1
161.8
142 2
146 4
176 2
101.2
41.8
50 1
160.9
140 5
146 0
172 6
100.4
40.8
50 1
159.7
139 2
145 6
169 7
99.6
39.6
49 2
159.7
r 138 1
144 8
167 8
98.5
39.6
49 2
157. 6
137 9
144 8
169 5
98.5
39.6
49 2
152.6
Miscellaneous
Automobile tires and tubes
Paper and pulp .
do
do
do
119 7
66.2
169.0
119.9
66.2
170.9
119 0
66.2
170.2
119 2
66.2
169 9
118 5
66.2
169 5
117 3
65.5
168 3
115 3
64.7
168 0
115 7
64.6
167 2
115 6
64.6
165 1
113 5
64.5
163 3
111 0
62.1
159 6
111 2
60.6
155 8
109 8
60.6
156 8
47.4
57 3
46 2
47.6
57 3
46 5
48.7
57 6
47 3
49.1
58 1
48 2
49.5
58 3
48 8
50.1
58 5
48 8
50.9
59 2
50 1
50.8
59 0
49 6
51.2
58 9
49 5
51.6
59 1
49 4
'52.0
59 0
48 9
52.4
59 3
49 6
52.6
59 2
49 4
Metals and metal products
Iron and steel _
Nonferrous metals
Plumbing and heating
. _
_
164 7
128 8
154.7
r
0
5
7
8
PURCHASING POWER OF THE DOLLAR
As measured by—
Wholesale prices
Consumers' prices
Retail food prices
r
Revised.
1935-39=100. _
do
do
IFor actual wholesale prices of individual commodities, see respective commodities.
Jvely for the entire perio
„
,
,
„____
„
,
more than 2 months. If introduction of a revised subgroup into the calculations changes significantly the levels of the group indexes and the all-commodity index, the latter indexes computed
with the original sample for the first month of the revision will be provided in a footnote. In some instances, it is necessary to correct previously published indexes because of late reports,
incorrect reports, cr other errors in prices previously used. Indexes for the latest 2 months are preliminary and are currently revised to incorporate corrections received in the 2 months following. Any additional corrections received are incorporated in final annual summaries issued in the middle of the year. Indexes for June-December 1948 were corrected in the August 1949
SURVEY. Corrected indexes for January-May 1948 are available upon request.
•Revised beginning January 1948 to reflect price increases for wool yarns which occurred after November 1946; comparable data prior to 1948 are not presently available. See also note
marked "J" above.
SUEVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
Septem-
August
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
June
July
August
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY
New construction, total
_
mil. of dol
Private, total
.
_
do __
Residential (nonfarm)
do
Nonresidential building, except farm and public
utility, total
mil. of dol
Commercial*
do
Industrial..
_ _ __ do
Farm construction
do
Public utility.
„
_ do _ _ _
Public, total _
___
Residential
Military and naval
Nonresidential building Conservation and development*
Highway _
All other
_
1,934
1,454
720
1,901
1,427
707
1,814
1,355
670
1,646
1,256
615
1,447
1,129
547
1,293
1,002
475
1,172
905
400
1,267
951
420
1,378
997
445
1,585
1,117
530
1,745
1,239
600
'1,841
' 1,309
••650
1,8$3
1,335
660
329
123
113
82
323
331
119
116
63
326
327
110
116
39
319
325
106
116
22
294
305
93
114
13
264
285
82
110
12
230
271
78
104
10
224
262
79
96
18
251
251
76
89
30
271
257
83
82
40
290
268
92
76
50
321
••269
'91
'72
60
330
263
85
71
75
337
480
7
12
103
65
220
73
474
7
11
109
71
200
76
459
7
11
115
66
186
74
390
7
11
116
58
131
67
318
7
9
110
50
83
59
291
8
7
110
40
68
58
267
8
7
108
39
52
53
316
10
9
122
45
68
62
381
14
8
134
56
100
69
468
15
9
141
67
160
76
506
17
9
144
74
185
77
'532
'20
'10
'148
'75
'200
'79
558
23
11
152
76
215
81
29, 080
762, 192
259, 381
502, 811
29, 761
778, 606
261, 988
516, 618
25,264
611, 216
198,699
412, 517
24, 143
694, 023
278, 147
415, 876
15, 597
482, 984
159, 942
323,042
16, 510
568, 467
251, 866
316, 601
24, 281
747, 619
281, 947
465, 672
31, 570
842, 586
318, 506
524, 080
33, 474
880, 344
368, 551
511, 793
37, 203
945, 676
375, 431
570, 245
32, 579
943, 560
410, 352
533, 208
37,662
905, 748
316,409
589,339
4,505
28, 833
279, 862
4,675
33, 118
316, 354
3,529
25,077
240,310
3,374
28,335
266,399
2,901
21, 685
221,883
2,929
21, 646
221, 895
3,695
27,953
327, 441
4,154
31, 929
316, 370
4,138
30, 166
320, 630
4, 5(78
32, 961
335, 961
4,384
33,283
350, 282
4,318
25, 746
278,031
22, 507
35, 610
279, 658
23, 304
37, 159
296, 760
20,472
33, 563
264, 033
19, 529
31,500
256, 746
11, 855
19, 892
159, 128
12, 770
26, 665
193, 073
19, 288
28, 282
251, 770
25, 541
37, 087
303, 825
27, 187
42.392
346, 251
29, 949
45, 804
370, 752
25, 570
42,950
340, 593
31, 079
48, 146
393,434
1,692
158, 597
1,432
125, 251
934
77,760
956
125, 581
620
74, 528
573
117,325
954
120, 210
1,513
169, 700
1, 737
179, 396
2,142
2,197
175, 861 . 207, 130
1,892
173, 714
376
44, 075
350
40, 241
329
29,113
284
45, 297
221
27, 445
238
36, 174
344
48, 198
362
52, 691
412
34, 067
479
63,102
483
45, 555
373
60,569
195
165
193
165
175
152
184
157
169
148
189
154
145
123
180
145
142
110
174
133
146
109
169
123
175
135
175
129
201
163
186
140
217
185
180
157
225
191
194
174
'227
'200
'208
'198
229
210
220
212
665, 417
648, 434
451, 112
843, 544
743, 529
589, 693
601, 709
896, 128
619, 442
781, 416
5,099
129
2, 753
2,217
2,908
301
1,344
1,263
2,522
210
1,646
665
4,410
327
2,198
1,885
7,966
787
4,792
2,387
5,035
95
2,950
1,990
5,224
89
2,854
2,281
82,200
73,400
do _ _
do
do
__do
do _ do
do
CONTRACT AWARDS
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
33, 801
Total projects
number
Total valuation
thous. of dol _ 854, 091
r 275, 510
Public ownership
__ _
__do
f 578, 581
Private ownership
do
Nonresidential buildings:
4,642
Projects
number. _
33, 954
Floor area
thous. of sq. ft__
Valuation
thous. of dol__ 308, 750
Residential buildings:
27, 085
Projects
number-44, 577
Floor area
thous. of sq. f t _ _
Valuation—
thous. of dol_. 337, 550
Tublic works:
1,679
Projects
- .number __
Valuation ___thous. of dol._ 148, 856
Utilities:
395
Projects
number-58, 935
Valuation
-,-thous. of dol__
Value of contract awards (F. R. indexes):
210
Total unadjusted
1923-25=100.175
Residential unadjusted
do
201
Total adjusted
do
177
Residential adjusted
-do
Engineering construction:
«•
563,
792
Contract awards (E. N. R,)§
thous. of doLMighway concrete pavement contract awards :cT
4,021
Total
thous. of sq. yd__
341
Airports
- - do
2,073
Roads
-do
1,606
Streets and alleys
-do
565, 826
563, 084
5, 217
i 228
i1 2, 951
2, 038
2,560
41
1,736
784
1,151
37
601
513
3, 302
59
2, 164
1,079
3, 653
53
1, 633
1,968
52,900
50,000
50, 400
69 400
r 88, 300
95, 400
100. 000
96,000
98,000
'r 40, 014
28, 904
34, 773
38, 503 ' 32, 514 25, 553
31, 189
25, 642 r 19, 229
2,393
1,995
1, 729
' 4, 921 rr 5, 143
4,329
r
1, 511
' 3, 351
2, 259
27, 071
23, 411
16, 730
1,919
4,762
3,660
29, 002
26, 522
18, 331
1,345
6,846
2,480
46, 225
42, 315
32,909
2,391
7,015
3,910
53, 726
50, 988
37, 680
2,924
10, 384
2,738
57, 479
54, 199
36, 475
2,580
15, 144
3,280
58, 740
55, 327
36, 879
2,131
16, 317
3,413
50, 973
48, 182
34,287
1,763
12, 132
2,791
58, 226
56, 719
40, 335
2,278
14, 106
1,507
156. 1
234.1
263.4
221.8
200.0
157.5
221.3
265.3
190.6
201.8
267.5
333.4
467.0
248.6
265.0
308. 7
362.9
523. 5
257.0
277.0
330.5
380.4
583.5
240.2
287.3
338.5
427.5
578.3
334.8
329.0
'295.3
' 342. 3
' 495. 9
' 234. 0
' 277. 7
335.7
387.7
569.7
263.5
303. 9
327
323
Aberthaw (industrial building)
1914=100
American Appraisal Company:
504
502
495
502
499
501
502
Average 30 cities
1913=100
531
523
531
529
532
532
529
Atlanta
- do_
523
507
518
522
516
520
520
New York
_do_ _
459
460
454
450
457
452
459
San Francisco
- do _ _
495
489
493
477
491
491
488
St Louis
do
341
341
341
341
341
340
339
Associated General Contractors (all types) _ _ .do. ..
E. H. Boeckh and Associates, Inc.:
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete
206.2
208.7
210.0
209.7
209.0
208.9
209.3
U. S. avg. cost 1926-29=100.
212.9
212.4
211.9
211.3
209. 5
211.0
211.5
Brick and steel
do_
221.1
223.4
225.5
225.8
224.6
220.7
220.9
Brick and wood
do _
Commercial and factory buildings:
213.2
212.5
209.2
212.9
212.8
211.7
213.2
Brick and concrete -do
208.4
211.6
210.4
211.2
210.3
210.6
210.6
Brick and steel
do __
219.1
216. 5
216.4
219.9
218.9
216.5
216.1
Brick and wood
_
do
234.1
232.4
234.5
227.1
232.8
226.8
226.3
Frame
do _
198.2
195.4
197.3
197. 5
198.0
197.7
197.7
Steel
-.-do. _
Residences:
226.2
221.4
221.1
225. 9
225.0
221.2
223.8
Brick
_do-__
227.5
221.1
226.0
221.5
225.9
227.6
221.0
Frame
— do
r
Revised. 1 Data include some contracts awarded in prior months but not reported.
*New series. Monthly averages for 1915-38 and monthly figures for January 1939-July 1948 are available upon request.
§Data for September and December 1948 and March, June, and August 1949 are for 5 weeks; other months, 4 weeks.
cfData for September and December 1948 and March and June 1949 are for 5 weeks; other months, 4 weeks.
JMinor revisions in figures for number of dwelling units beginning January 1947 are available upon request.
319
496
525
513
448
485
339
494
521
510
447
482
340
492
518
508
446
480
340
489
510
501
445
477
343
488
509
497
445
477
343
486
506
495
446
474
342
209.3
211.0
219.2
208.6
210.0
218.2
207.1
208.0
214.9
208.2
208.1
214.6
206.5
206.2
210 8
207.1
206.1
210 0
213,3
210.3
215.5
223.8
197.5
212.0
209.5
214.5
222.5
196.7
209.3
207.5
211.1
219.0
194.7
211.1
208. 3
211.3
218.2
195.1
210.2
207 1
208.6
212.6
194 1
210.6
207.3
208.2
211.3
194.4
219.7
219.1
218.7
217.8
215.6
214.3
215.4
213.6
211.4
208.7
210.6
207.6
1
NEW DWELLING UNITS AND URBAN
BUILDING
New permanent nonfarm dwelling units started
(II S Department of Labor)
number
Urban building authorized (U. S. Depf. of Labor) :
New urban dwelling units total J
number
Privately financed total
^do
Units in 1-family structures
do _ _
Units in 2-family structures
do...
Units in multifamily structures
do
Publicly financed total
do
Indexes of urban building authorized:
Number of new dwelling units
1935-39=100.
Valuation of building total
do
New residential building
-. __do
New nonresidential building
do __
Additions, alterations, and repairs
do__.
86,600
r
47, 726 ' 41, 308
' 46, 621 39, 466
' 35, 799 31, 750
' 2, 158
2,837
4,879
'T 8, 664
1, 105
r 1, 842
'
'
'
'
'
275. 2
373. 7
535. 7
256. 7
313. 2
236.0
335.8
425. 2
278.6
283.4
63,600
r
r
r
230.6
334.2
407.7
296.9
266.0
199.1
270.6
355.3
213. 1
229.1
166.2
247.4
297.2
215.3
219.0
T
CONSTRUCTION COST INDEXES
313
SUKVEY OF CURRENT BUSINESS
October 1949
S-7
1948
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August
September
October
1949
November
Decem- January
ber
February
March
April
May
June
July
August
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES—Con.
Engineering News-Record:
Building
1913=100
Construction
do
Public Roads Adm. — Highway construction:
Composite standard mile
1925-29—100
356.7
478.4
357.1
480.2
355.9
478.3
355.6
477.7
161 0
354.9
477.4
352-9
475.4
352.5
474.8
351.4
473.5
348.9
472.1
349.4
477.5
349.3
473.8
352.0
479.8
155.5
161 4
165 3
350.7
478.3
CONSTRUCTION MATERIALS
Production of selected construction materials, index:
Unadjusted
._
1939=100
Adjusted
do
160.4
141.7
r 126. 4
v 132. 0
p 115. 6
156, 122
168, 527
154, 576
186, 312
339
333
358
332
331
273, 590
286, 472
320, 605
299, 361
339, 310
97, 513
138, 755
31,150
17, 185
36, 002
90, 536
127, 055
28, 437
16, 066
37, 267
100, 819
145, 200
33, 081
18, 870
41,340
157.8
146.8
160.8
145.1
145.2
146.5
132.7
150.1
117.0
137.0
108.2
131.2
129.9
137.5
130.5
131.3
132.6
125.3
199, 968
216, 931
212, 085
214, 407
208, 312
183,152
188, 634
162, 187
486
479
487
515
427
386
357
' 135. 3
REAL ESTATE
Home mortgages insured by Fed. Hous. Admin.:
New premium paying mortgages. _.thous. of doL_ 179, 412
Loans outstanding of agencies under the Home
Loan Bank Board:
Federal Home Loan Banks, outstanding advances
493
to member institutions
mil. of dol
Home Owners' Loan Corporation, balance of
loans outstanding
mil. of dol
New mortgage loans of all savings and loan associations, estimated, total
thous. of dol__ 317, 842
By purpose of loan:
Home construction
do
92, 132
Home purchase
do
151,882
25, 324
Refinancing
do
Repairs and reconditioning.
do
15, 526
All other purposes
do
32, 978
New nonfarm mortgages recorded ($20,000 and
under), estimated total
thous of dol 1, 024, 323
84
Nonfarm foreclosures adjusted index 1935-39— 100
49,543
Fire losses
thous of dol
395
344
369
297, 175
287, 336
260,472
249, 828
205, 389
210, 407
85, 233
141,961
24, 607
14, 989
30, 385
89, 505
132, 006
23, 482
14, 089
28, 254
82, 172
117,088
22, 881
12,270
26, 061
70 Oil
114, 090
23, 549
11,506
30, 672
56, 369
89, 939
22, 713
10, 348
26, 020
59, 139
88, 401
24, 074
11,511
27, 282
75, 301
109, 688
30, 359
13, 916
34, 923
83 Oil
113, 085
29, 259
15,356
32, 879
86, 244
121,845
28,535
16,835
33, 013
991, 408
8.9
49, 945
977, 830
8.9
51, 845
919, 631
8.6
52,949
938, 938
9.2
69, 397
789, 559
9.4
57, 926
756, 490
9.7
62, 424
881,033
10 3
67,218
908, 016
9 7
55, 290
942, 749 1,000,920
9 7
10.9
51,787
54, 162
301
334
274
310
303
287.6
318
350
306
296
307
301.2
310
346
280
279
309
284.6
264, 187
953, 520 1, 054, 843
49, 592
50, 150
276
284
264
274
252
270
297
252
284
256
272.2
DOMESTIC TRADE
ADVERTISING
Advertising indexes, adjusted:
Printers' Ink, combined index
Magazines
Newspapers
Outdoor
Radio
Tide advertising index
Radio advertising:
Cost of facilities, total
Apparel and accessories
Automotive, incl. accessories
Drugs and toiletries
Electric household equipment
Financial
_
1935-39 =100. _
do. -.
do
__do
do
._
do. _
-thous. of dol _ _
do
_-do_do
_.do
do__-
276
294
240
284
299
272.7
302
344
262
296
308
287.0
311
329
278
320
327
276.8
302
342
253
285
317
281. 4
284
322
237
255
319
253.5
296
302
277
314
310
277.8
302
314
286
296
305
283.2
309
338
290
289
308
286.4
14, 272
80
425
3,922
691
400
15, 650
115
414
4,232
674
363
18, 321
156
659
4,677
681
374
17, 394
132
1, 036
4,416
668
333
17, 951
117
772
4,760
651
364
17, 702
146
782
4,650
624
347
16, 117
123
612
4,042
601
320
17, 698
124
657
4,616
702
342
16, 762
119
729
4,240
653
349
17, 072
114
809
4,470
683
364
r
257.6
15, 421
75
663
4,285
644
336
12, 091
89
332
4,127
408
158
1,698
1,961
1, 067
2,993
3,473
222
318
Foods, soft drinks, confectionery
Gasoline and oil
Household furnishings, etc
Soap cleansers etc
Smoking materials
All other
_ _. -do ._.
do
do_ do
_ __do
do
3, 835
453
167
1,630
1,556
1,112
4, 313
441
163
1,920
1,510
1,506
4,782
514
213
1,923
1,731
2,611
4,673
511
176
1,936
1,684
1,829
4,948
613
186
1.955
1,966
1,618
4,768
636
201
1,708
2,089
1,752
4,493
570
162
1,707
1,914
1,573
5.006
620
164
1,936
1,946
1,585
4,690
530
169
1, 818
1,958
1,506
4,608
460
197
1,852
1,988
1,526
Magazine advertising:!
Cost total
Apparel and accessories
Automotive incl accessories
Building materials*
_
Drugs and toiletries
Foods soft drinks, confectionery
Beer, wine, liquors*
-
do
do
do
_ do
-do. _ _
do
do _
33, 372
3,730
2,856
1,295
4,180
4,731
1,609
45, 239
6, 554
3,048
2,113
5,004
5,441
2,152
52, 993
6,151
3,922
2,265
6,019
7,253
2,621
52, 270
4,936
3,907
1,585
5,778
6,940
2,944
39, 209
3,488
2,756
775
4,681
5,242
3,420
29, 115
1,748
2,309
963
4, 037
4,845
1,744
39, 069
3,373
3,227
1,286
5,203
6,584
2,066
46, 365
5,224
3,923
1,842
5,610
6,299
2, 435
51, 170
5,509
4,705
2,545
5,584
6,479
2,413
50, 659
4,937
4,562
2,427
5,463
6,396
2,432
40, 642
3,185
3,856
1,774
5,162
5,678
2,215
28, 582
771
3,481
956
1,621
1,119
1,704
950
1,131
8,445
3,434
2,882
2,103
1,152
1,146
10, 208
4,192
3,677
2,091
1,780
1,287
11, 734
4,091
3,570
2,537
1,247
1,349
13, 387
3,166
1,725
1,584
729
1,351
10, 284
1,095
965
1,389
574
1,098
8,349
1,998
1,617
1,648
1,027
1,205
9,834
3,007
2,272
1,910
1,300
1,334
11, 208
3,861
2,978
2,165
1,387
1,356
12, 187
3,781
3,332
2,075
1,478
1,455
12, 320
2,970
1,712
1,996
1,098
1,345
9,651
1,318
489
1,456
833
1,191
6, 858
3,968
4,462
4,847
4,145
3,015
3,410
3,921
4,301
4,350
3,806
2,814
2,854
Household equipment and supplies •
Household furnishings*
Industrial materials*
Soaps cleansers etc
Smoking materials
All other
-Linage, total
do
do
_-do
do
do
- do_
-- thous. of lines-
r
379
148
1,148
1,840
1,150
4,538
4,938
1,755
3,494
Newspaper advertising:
220, 449
176, 800
197, 335
209, 199
204, 428
163, 977
163, 379
Linage, total (52 cities)
__do
202, 070
205, 466
210, 677
193, 287
164, 040
170, 504
45, 810
46, 467
46, 861
41, 480
35, 559
37, 624
38, 498
42, 195
Classified
do
43, 404
45, 386
41, 476
40, 082
40, 713
130,
333
125,
479
151,
525
173,
588
167, 718
166, 804
127, 820
159, 875
162, 062
165, 291
Display total
- - do 151,811
123, 959
129, 791
7,066
6,921
7,453
5,843
7,362
7,335
7,567
9,698
9,791
9,554
Automotive
do
9,265
8,115
8,887
1,782
1,849
1,994
2,112
2,952
1,999
1,744
2,236
2,143
Financial
- do
2,001
2,039
2,252
1,609
23, 001
21, 955
30, 097
38, 251
34, 880
25, 703
26, 920
34, 029
32, 453
General
-do
33, 758
31, 045
24, 534
21, 879
125, 891
98, 484
112, 658
123, 273
133, 146
93, 210
91, 820
113, 914
Retail
do
117,676
119, 978
109, 462
89, 057
97, 416
r
Revised. » Preliminary.
^Comparable data on magazine advertising cost 'Publisher 3' Informal ion Bureaii, Inc.) are available Dack to Jaimary 1948 only. Beg'inning wit h this issu e of the Su RVEY, five new cornponents are shown (marked with "*"); the total of t he two cornponents ' household equipmen t, etc." an i "househc)ld furnish Lugs" cove rs all items formerly included irL "electric household
equipment" and "housefurnishings, etc." Data for January-J uly 1948 for the new c omponent s are availa ble upon r equest.
•See note marked "J" above.
SURVEY OF CUEEENT BUSINESS
S-8
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
August
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
June
July
August
DOMESTIC TRADE—Continued
POSTAL BUSINESS
Money orders:
Domestic, issued (50 cities) :
Number
Value
Domestic, paid (50 cities):
Number
_
__ _
Value
thousands
thous of dol
_
thous ands_.
thous. of dol__
5, 176
87, 845
4,476
90 407
5,267
98 446
5,353
97 114
5,229
98 629
4,729
94 492
4,422
87 275
5,105
101 312
4,718
91 387
4,318
84 477
4,743
84 583
4,042
81 320
3,967
85, 093
14, 207
208, 527
14, 703
216, 336
15,552
247, 204
20, 044
256, 791
17,235
265, 659
14, 395
227, 123
13, 245
209, 374
16, 680
264, 621
14, 106
218, 673
13, 971
197, 015
14, 711
207, 673
12, 822
185, 481
13, 749
203, 946
10, 209
3, 370
2,026
1,880
10.611
3,630
2,165
2,019
788
486
850
562
216
66
234
75
PERSONAL CONSUMPTION
EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:
Goods and services total
bil of dol
180 3
180.9
177 9
178 2
Durable goods, total
Automobiles and parts
Furniture and household equipment
Other durable goods
do
do
do
do
24.8
22.9
12.1
10.4
22.5
8 6
10 2
3 7
23.6
9 6
10.1
38
Nondurable goods total
Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
Semidurable housefurnishings
Tobacco
Other nondurable goods
do
do
do
do
do
do
do
101 8
19.9
60 5
99 9
19 3
60 0
4 1
20
41
10.4
98 7
19.1
59 2
Services
Household operation
Housing
Personal service
Recreation
Transportation
Other services
do
do
do
do
do
do _ _
do
_
8.5
8.7
3.9
4.0
103. 3
20.5
61.7
4.2
4.3
2 0
19
4.2
18
41
10.1
4.3
4.1
10.9
10.8
53.7
7 7
16.0
3 7
54.8
16.3
55 4
81
16.6
3 6
40
55
8
17
3
4
17.2
17.6
17 9
18.1
7.9
3.7
4.1
5.3
4.0
5.2
5.2
9
0
0
7
0
5.1
RETAIL TRADE
All types of retail stores :f
Estimated sales, unadjusted, total*___mil. of dol _
Durable-goods stores*
do _ _
Automotive group*
do _
Motor-vehicle dealers* __
do
Parts and accessories cf
do
Building materials and hardware group d*
mil. of dol__
Building materials c? -_ _
do_ __
Farm implements
do
Hard ware cf
_ do _
Homef urnishings group cf
do
Furniture and housef urnishings cf
do
Household appliances and radios c?1.-- do
Jewelry stores c?1
do
Nondurable-good stores*
Apparel group d"
Men's clothing and furnishingsd51
Women's apparel and accessories
Family and other apparelo"
Shoes
Drugstores
_ __
__
Eating and drinking places*
do
do_.
do
_ do _
do
do _
-do
do
11, 086
3,307
1,642
1,491
11,514
3,335
1,710
1,566
10, 992
3,197
1,637
1, 495
13, 136
3,497
1,667
1,493
9,349
2,563
1,435
1,324
174
111
8,919
2,592
1,522
1,420
977
649
975
634
872
552
621
387
582
357
139
201
561
334
130
190
576
352
224
89
126
202
596
357
832
480
240
91
226
89
224
112
308
271
182
72
7,306
7,779
8,180
7,795
135
307
188
426
230
477
226
422
9,639
1,270
359
539
10, 751
3,445
1,811
1,645
166
979
649
135
195
566
342
635
151
878
144
982
142
901
109
243
727
419
10, 526
3,280
1,989
1,864
11,137
3,469
2,059
1,925
10, 763
3,520
2,039
1,898
10, 809
3,601
2,093
1,945
728
438
818
482
855
523
874
544
175
68
201
73
208
78
214
84
223
91
6,786
6,327
7,246
7,668
7,243
7,208
6, 839
6,980
186
303
138
270
163
369
103
118
298
937
203
437
124
170
300
952
178
348
192
315
132
226
118
267
2,512
2,002
2,583
2,072
2,461
1,961
2,491
1,973
2,574
2,056
2, 518
1,997
1,270
836
1,058
656
1,178
773
94
140
434
252
687
102
90
135
420
245
578
126
132
159
489
288
754
134
148
188
515
307
934
141
135
197
542
328
757
148
139
192
543
320
736
146
128
173
489
273
530
145
121
167
540
306
562
1,057
1,062
1,072
132
121
296
987
1,023
95
102
293
936
Food group*
do
Grocery and combination*
do
Other food*
do_ _
Filling stations
do,
General -merchandise group §
do
Department, including mail-order §._ .do
General, including general merchandise
with food
mil. of dol
Dry goods and other general merchandise d"
mil. of dol__
Variety
do
Other retail stores©
do
Liquor O
-- do
Other §
do
2,497
1,966
2, 555
1,996
2,674
2,115
2,497
1,958
2,762
2,180
2,439
1,944
1,266
830
1,448
978
1,562
1,054
1,600
1,101
2, 309
1,527
1,050
689
1,013
657
1,242
832
1,401
920
1,303
864
162
167
172
161
196
129
123
140
162
156
154
149
144
117
157
140
164
153
184
1,033
148
191
218
368
1,349
101
131
97
137
116
153
1,003
136
184
932
132
799
123
157
103
151
104
156
137
866
974
146
828
126
157
Estimated sales (adjusted), total __
do
Durable-goods stores
do
Automotive group
do
Motor vehicles
do
Parts and accessories
do
Building materials and hardware group
mil, of dol__
Building materials
do
Hardware
- do
Homefurnishings group
_
do.. _
Furniture and housefurnishings
do
Household appliances and radios
do_. _
Jewelry stores
do
11, 030
3,365
1,743
1,585
158
939
603
r
90
103
299
531
570
983
130
853
200
575
348
227
108
122
142
299
559
541
140
135
307
559
550
539
519
166
867
995
167
828
10, 961
3,254
1,664
1,515
149
10, 899
3,196
1,681
1,540
141
908
583
870
549
996
142
854
196
577
341
236
105
191
543
321
222
102
198
174
394
582
531
495
468
80
89
280
853
2,284
1,822
462
442
510
500
512
524
1,084
265
915
132
783
877
126
750
10, 763
3,196
1,687
1,550
137
10, 987
3, 254
1,742
1,595
147
10, 592
3,018
1,567
1, 429
139
10, 686
3,201
1,779
1,641
138
10, 705
3,304
1,897
1,760
138
10,790
3,307
1,911
1,776
136
873
549
855
531
804
496
796
492
791
492
785
482
188
535
320
215
101
191
554
331
223
103
184
545
327
218
101
181
528
316
213
98
171
518
306
211
97
176
514
301
213
97
103
127
296
944
500
550
97
132
297
932
518
552
73
98
296
945
518
573
78
100
293
971
521
557
930
130
800
863
130
733
901
129
773
10, 738
3,320
1,880
1.742
138
10, 663
3,340
1,928
1,794
134
10, 521
3, 324
1, 944
1,810
135
10 679
3,476
2 077
1,944
134
811
506
791
496
765
472
782
500
182
536
311
225
93
176
526
306
220
94
177
528
304
225
86
165
527
300
228
89
Revised. * Preliminary.
fRevised series. Dollar estimates of sales for all types of retail stores and for chain stores and mail-order houses have been revised for various periods back to 1943; specific periods for which
the series have been revised are as stated in the notes below. Revisions beginning 1949 are not noted; corrected data are as shown above. Adjusted dollar values for sales and inventories of al
types of retail stores have been substituted in this issue for the index numbers formerly shown. All revisions prior to August 1948 are available upon request.
•Revised beginning 1943.
^Revised beginning 1948.
§Revised beginning 1947.
©Revised beginning 1945.
SURVEY OF CURRENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-9
1949
1948
August
September
October
November
December
January
February
March
April
June
May
July
August
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All types of retail storesf— Continued
Estimated sales (adjusted), total— Continued
Nondurable-goods stores
mil. of dol _
Apparel group
_
do__Men's clothing and furnishings
do
Women's apparel and accessories
do _
Family and other apparel
do
Shoes
do ._
Drug stores
do
E ating and drinking places
do _
Food group
Grocery and combination
Other food
Filling stations
General-merchandise group
Department, including mail-order
Other retail stores
do
do
do _ _
do
do
do
do
Estimated inventories (adjusted), total
do
Durable-goods stores
_ _
do _ _
Automotive group
do
Building materials and hardware group
mil. of dol. .
Homefurnishing group
_
do
Jewelry stores
do
Nondurable-goods stores. _
do
Apparel group
do
Drugstores __
_.
do
Eating and drinking places
do
Food group..
_
do
Filling stations
do
General-merchandise group
do
Other retail stores
do
Chain stores and mail-order houses :f
Sales, estimated, total*
_. _ _ _do
Apparel group
do
Men's wear
_
do
Women's wear
do
Shoes
do __
Automotive parts and accessories
___do
Building materials
do
Drug
do
Eating and drinking places
do
Furniture and housefurnishings
do_. _
General-merchandise group
_._ __ __do
Department, dry goods, and general merchandise
mil. of dol
Mail-order (catalog sales)
do
Variety
_ _ _ _
__ do_. _
Grocery and combination
do
Indexes of sales :f
Unadjusted, combined index*
1935-39=100-Adjusted, combined
index* _
do._
Apparel groupd11
- do _ _
Men's weard 1
do _ _
Women's
weard
do
Shoesd1
do __
Automotive parts and
accessoriesd1
do
Building materials d1
do _ _
Drug.
_ _ _ _ _ -__
do
Eating and drinking placesd1
do _
Furniture and housefurnishings
do
General -merchandise group d1
do
Department,
dry goods, and general merchandised1
1935-39=100
Mail-ordercf _ _
_ _ do _
Variety d1
do
Grocery and combination.
_ do
Department stores:
Accounts, collections, and sales by type of
payment:
Accounts receivable; end of month:
Charge accounts
1941 average =100-Instalment accounts
do
Ratio of collections to accounts receivable:
Charge accounts
percent- _
Instalment accounts
_ ..do.. _
Sales by type of payment:
Cash sales
_ percent of total sales. .
Charge account sales _
_ _ __ do.- Instalment sales
do _ _
Sales, unadjusted, total TJ. S
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
Minneapolis
New York
Philadelphia
Richmond
St Louis
San Francisco
vised.
* Preliminary,
ote marked "f" on P- s
1935-39=100-do
do
do
do
__ .- do _.
do
_
do
do
do
- do
do
do.- -
7,665
782
188
360
112
122
306
999
7,707
836
188
396
121
131
305
1,020
7,703
861
199
417
122
123
307
1,012
7, 567
825
193
394
114
124
306
996
7,733
862
212
386
126
138
301
1,008
7,573
875
237
380
124
135
309
981
7,485
791
197
356
111
127
313
994
7,401
775
184
351
111
129
305
956
7,483
800
180
379
111
130
310
974
7,418
800
195
365
112
128
298
922
7,323
771
188
354
105
124
303
924
7,197
705
178
313
99
115
299
928
7, 203
692
167
311
96
117
296
916
2,534
2,004
530
537
1,457
978
1,050
2,544
2,003
541
526
1,447
964
1,029
2,549
2,018
531
521
1,435
960
1,018
2,555
2,006
549
518
1, 378
907
989
2,564
2,028
536
520
1,458
954
1,020
2,509
1,989
521
520
1.386
915
994
2, 546
2,020
526
534
1,334
868
973
2,553
2,034
519
528
1,310
854
972
2,533
2,020
513
534
1,360
900
'972
2, 532
2,027
506
524
1,368
903
973
2,520
2,003
517
526
1,330
880
949
2,494
1,983
511
526
1,296
864
950
2,537
2,021
516
522
1,304
872
937
14, 490
5,273
1,574
14, 877
5,339
1,466
14, 937
5,554
1,675
15, 027
5,646
1,754
14, 969
5,746
1,996
14, 659
5, 734
2 122
14, 479
5,675
2,169
14, 700
5,751
2 150
14, 458
5,669
2,038
14, 139
5, 375
1 841
14, 182
5,357
1,914
13, 862
5,289
1,917
p 13, 866
5,330
2.053
2,025
1,217
457
9,217
1,898
576
496
1,678
277
2,936
1,356
2,116
1,308
449
9,538
1,932
585
510
1,757
306
3,037
1 411
2,080
1,364
435
9,383
1,865
562
468
1,724
312
3,029
1 423
2,068
1,379
445
9,381
1,866
567
472
1,622
319
3,059
1 476
1,935
1,372
443
9,223
1 838
566
458
1,529
337
3,067
1 428
1,930
1,241
441
8,925
1 746
591
449
1 497
326
2 938
1 378
1,857
1,215
434
8,804
1 747
599
428
1,511
329
2,875
1 315
1,904
1,234
463
8 949
1 833
602
465
1 523
329
2 925
1 272
1,938
1,235
458
8,789
1 794
588
426
1,458
328
2,847
1 348
1,935
1,139
460
8.764
1 798
581
423
1,488
333
2 787
1 354
1,904
1,086
453
8,825
1,810
596
423
1,530
347
2,733
1,386
1,882
1,039
451
8,573
1,716
571
402
1,543
347
2,646
1 348
1,853
973
451
8,536
1,709
581
390
1,521
324
2,661
1,350
2,200
195
24
104
52
50
118
68
54
29
588
2,351
265
42
130
72
45
126
67
53
31
648
2,519
290
50
145
69
41
125
71
54
25
706
2,391
263
48
129
63
42
101
67
51
28
706
3,028
375
66
179
98
62
80
97
55
39
1,024
1,968
185
35
86
48
29
61
66
51
19
430
1,856
173
28
85
45
29
54
64
48
19
424
2 186
238
38
120
59
38
70
68
52
22
530
2,401
308
46
148
90
42
85
67
54
24
620
2,240
238
37
116
66
46
93
66
51
26
581
2,226
235
38
108
70
47
99
66
51
25
573
' 2r 099
!76
22
r
88
32
'49
T
87
69
r
52
22
506
2,107
179
21
92
52
47
101
66
52
26
529
342
102
132
741
382
116
138
751
414
125
154
839
394
139
161
774
556
144
310
850
231
79
110
807
224
76
116
740
298
92
129
816
368
86
155
848
351
86
132
788
347
82
132
772
306
62
127
'797
303
83
132
754
296.0
317.5
324.9
286.1
427.6
242.5
256.2
388.1
232.2
226.9
274.8
321.2
323.0
315. 3
336.2
304.8
442.0
245.6
244.2
389.6
231.8
227.5
270.3
315.0
325.3
311.0
342,0
300.1
471 3
235.4
226.1
370.2
232.3
221.8
224 8
301.3
328.3
307.7
329.9
296.0
443 3
235.6
212.8
378.6
225.0
219.5
217 6
300.3
406.4
316.3
340.4
316.5
434 2
262.1
256. 2
355. 1
227.0
222.4
248 9
323.2
264.8
306.2
337.2
327.8
429 1
252-6
239.0
300.0
228.4
222. 5
243 5
298.8
267.7
300.6
316.3
284.7
409 2
242.2
238.6
292.2
232.2
226.4
222 7
291.3
286.8
302.2
315.1
271.2
413 0
243.0
241.8
300.2
225.2
218.1
214 9
290 5
310.6
304.7
328.8
273.4
441 1
246.9
240.8
306.5
229.8
233.2
229 4
288.8
306.9
308.6
31 5. 4
291.1
404 5
241.1
248.2
325. 1
225.2
221.4
236 6
304.1
300.5
301.1
304.3
271.3
392 5
235.7
235. 2
325.6
225.3
223. 7
231 8
293.8
275.2
297 5
284.9
250.1
368 8
220.9
248.0
306 6
233.8
221.2
235 7
289.0
276.2
296 1
289.9
245.1
371 4
233.3
237.8
320.9
225.0
221.0
236 5
280.2
382.6
329.7
225.1
364.5
381.2
292.9
228.7
359.6
358.2
283.0
226.3
365.4
355.2
279.7
230.3
360.4
378.2
301.0
254.6
359.6
351.6
276.5
232.6
366.5
345. 4
256.1
229.9
361.1
350 0
246.8
226.3
367.1
350.2
244.3
221.2
366. 3
369.6
269.6
226.0
368.7
357. 8
258.7
218.0
358.4
350.9
257.1
215.0
358.0
329.7
258.6
217.9
361.0
165
144
188
151
206
155
219
160
281
176
219
163
187
157
182
151
191
151
192
151
188
151
••163
150
» 161
»155
51
23
53
24
54
24
55
24
53
25
52
22
50
22
56
25
53
24
53
24
54
24
50
22
52
23
52
39
9
50
42
8
51
42
7
51
42
7
53
41
6
52
41
7
51
42
7
51
42
7
51
41
8
50
42
8
51
42
7
52
39
9
50
40
10
259
354
175
248
268
••364
304
261
'r 188
218
' 261
305
338
319
410
260
305
320
444
344
316
257
296
357
366
355
090
o/o
424
357
434
285
345
366
475
375
334
298
356
388
404
391
495
635
428
460
491
648
502
431
414
480
575
517
582
226
287
187
216
230
306
223
203
194
209
224
238
272
227
314
180
212
227
315
252
202
192
199
239
261
266
254
339
194
239
254
353
280
241
209
249
274
287
289
295
393
256
280
304
377
311
295
237
284
309
327
331
287
365
241
277
292
373
306
279
230
277
310
328
322
268
323
232
262
265
331
284
255
224
256
287
283
314
'218
294
155
212
214
310
250
'211
155
188
236
r
254
280
P237
324
v 170
228
234
333
v 275
240
171
201
v 243
280
P313
•Revised beginning 1943.
258
313
338
427
361
343
280
323
359
362
346
d'Revised beginning 1948.
§Revised beginning 1947.
©Revised beginning 1945.
r
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
August
September
October
November
December
January
February
March
April
May
June
July
August
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores — Continued
Sales, adjusted, total U. S.J
AtlantaJ
Boston
Chicago^
Cleveland^
Dallas^
--.
Kansas CityJ
309
393
237
299
308
405
330
309
394
252
291
316
419
327
309
404
232
298
319
410
334
290
374
228
278
293
390
323
'303
378
245
295
300
397
320
295
378
246
289
311
387
293
'282
374
234
272
284
393
311
'278
365
208
266
279
392
301
294
389
251
277
301
374
314
292
'377
243
275
295
384
309
'285
368
242
262
281
385
309
'279
377
'227
258
274
387
305
J>282
360
J>230
275
. 269
366
»299
290
'257
' 291
'327
354
361
287
254
293
333
362
350
304
252
302
337
338
345
286
229
268
314
321
343
288
247
284
331
338
358
265
243
283
309
290
343
274
229
265
306
310
308
267
220
272
294
309
'325
292
242
274
303
321
'339
273
239
271
315
335
339
^266
238
269
311
314
336
'261
222
261
326
'325
'323
267
234
268
*>304
326
*335
304
1935-39=100..
do__
do
do_ _
do
-_
do
do
Minneapolis J
do _
New York _
.
do
Philadelphia J
do
Richmond J
_ ._
do
St. Louis.
do
San Francisco J
do
Stocks, total U. S., end of monthrj
Unadjusted
do
Adjusted
do
Mail-order and store sales:
Total sales, 2 companies
thous. of dol
Montgomery Ward & Co
do
Sears, Roebuck & Co
__do
Rural sales of general merchandise:}:
Total U. S., unadjusted
1935-39=100
East
_
do
South. _.
.do _ _
Middle West
do
Far West.
_
_
do
Total U. S., adjusted
do
East _ _
_ _ _ _ _ _
do
South
do
Middle West
_ _
do
Far West...
do
WHOLESALE TRADE
Service and limited-function wholesalers: J
Sales, estimated (unadj.), total
mil. of dol._
Durable-goods establishments
do
Nondurable-goods establishments
.do _
Inventories, estimated (unadj.), total
do
Durable-goods establishments
do
Nondurable-goods establishments __
do
r
287
286
r 292
318
290
330
295
'260
288
250
278
265
276
287
283
285
280
277
273
256
265
245
256
*>254
*253
302 716
108, 903
193, 813
336 487
119, 706
216, 782
353 270
131,302
221, 968
350, 748
124, 896
225, 852
431 601
150, 960
280, 641
205 902
66, 689
139, 213
196 656
68, 316
128, 340
258 692
89 179
169, 513
295 754
101 110
194, 644
292 936
100, 334
192, 602
284, 289
90, 678
193, 611
240, 126
77, 005
163, 121
280, 233
95,517
184, 716
305.1
287.8
357.3
283.9
344.1
332.7
328.2
397.9
306.6
352.9
347.0
318.8
437.9
318.8
375.5
313.7
307.4
384.8
296.3
328.2
392.7
372.8
489.8
361.7
359.9
310.7
383.3
307.8
320.2
414.9
418.8
509.9
383.1
411.1
320.1
299.8
372.7
291.6
317.7
446.8
422.9
513.8
427.8
517.2
334.4
316.3
386.9
316.0
346.4
239.6
229.3
294.2
221.4
242.6
316 5
302.5
367 8
295.2
329.6
237.0
218.1
278.4
219.8
233.5
283 2
254.2
302 6
274.8
312.6
260.5
248 8
290.4
251 1
268.2
261 3
248.8
305 7
264 3
298.0
278.4
265 7
302.5
264 8
290.0
290 9
267.3
329 5
271 3
310.2
272.4
264.0
287.7
262.6
283.2
303 7
294.0
347 0
296 4
316.1
260.1
244.1
273.1
251.5
300.0
293 2
281.2
333 5
283.2
331.5
215.9
194.3
244.7
208 0
244.7
292 9
290.9
350 1
278 4
299.8
259.6
239 4
282.3
247 5
293.4
283 1
273 0
314 4
267 3
300.9
6,328
2,139
4,189
7,244
2,891
4,353
6,608
2,210
4,398
7,341
2,949
4,392
6,594
2,222
4,372
7,462
2,999
4,463
6,449
2,063
4,386
7,537
3, 083
4,454
6,322
1,997
4,325
7,325
3,124
4,201
5,472
1 610
3,862
7,412
3, 232
4,180
5,234
1 615
3 619
7,487
3,342
4,145
5,737
1 839
3 898
7,413
3 392
4,021
5,236
1 765
3 471
7,217
3 341
3 876
5,220
1 754
3 466
6,992
3 222
3,770
5,247
1 735
3' 512
6,854
3 092
3 762
4,856
1 525
3 331
6. 833
2 970
3 863
5,557
1 737
3 820
6,860
2 848
4 012
090 q
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States :§
Total, including armed forces
thousands
Civilian population -do
146, 801
145, 471
147, 073
145, 694
147, 358
145,943
147, 610
146, 171
147, 838
146, 381
148 051
146, 578
148 245
146, 731
148 430
146 921
148 639
147 145
148 823
147 354
149 014
147 546
149 215
147, 752
149 452
147 983
108 660
53, 461
55, 199
108 753
53, 501
55, 252
108 853
53 546
55, 307
108 948
53 587
55, 361
109 036
53 624
55, 412
109 117
53 658
55, 459
109 195
53 689
55, 506
109 290
53 730
55,560
109 373
53 764
55 609
109 458
53 799
55 659
109 547
53 837
55' 716
109 664
53 898
55, 766
109 760
53 939
55 321
64, 511
1,325
EMPLOYMENT
Employment status of noninstitutional population:
Estimated number 14 years of age and over,
total
thousands
Male
do
Female
_
do
Total labor force, including armed forces
Armed forces
Civilian labor force, total
Male
Female.
Employed
Male
Female
.
Agricultural employment
Nonagricultural employment
Unemployed
__
.
Not in labor force _
do
do
do
do
do
do
do
do
do
_do
do
63, 186
45 215
17, 971
61, 245
43 889
17, 356
8,444
52, 801
1,941
63,578
1,366
62, 212
44 101
18, 111
60 312
42 850
17, 462
8 723
51, 590
1,899
63,166
1,391
61, 775
43 851
17, 924
60 134
42 763
17, 371
8 627
51, 506
1,642
63,138
1,414
61, 724
43 782
17, 942
59 893
42 551
17 342
7 961
51, 932
1 831
62, 828
1 453
61, 375
43 573
17, 802
59 434
42 162
17 272
7 375
52, 059
1,941
61, 546
1 468
60 078
43 161
16 917
57 414
41 150
16 264
6 763
50 651
2 664
61 896
1 508
60 388
43 229
17 159
57 168
40 812
16 356
6 993
50 174
3 221
62 305
1 491
60 814
43 525
17 289
57' 647
41 092
IQ 555
7 393
50 254
3 167
62 327
1 492
60 835
43 668
17 167
57 819
41 463
16 356
7 820
49 999
3 016
63 452
1 469
61 983
43 886
18 097
58 694
41 521
17' 173
8 974
49 720
3 289
64 866
1 468
63 398
44 832
18 566
59 619
42 233
17 386
9 696
49 924
3 778
65 278
1 463
63 815
45 267
18 548
59 720
42 422
17 298
9 647
50 073
4 095
65 105
1 468
63' 637
45 163
18 474
59 947
do
44 149
45 176
45 685
45 810
46 208
47 571
47 298
46 985
47 046
46 006
44 683
44 OOK
44 fi£K
49 KAA
17 303
8 507
51 441
3 689
Employees in nonagricultural establishments:!
Total, unadjusted (U. S. Dept. of Labor)
thousands __
44, 494
44, 946
44, 915
44, 815
45, 282
43, 449
43, 061
42, 918
42, 966
42, 731
42, 792
42, 535 v 43, 027
Manufacturing..
_
do
15 617
15 514
15 400
15 174
15 368
14 782
14 649
14 475
14 177
13 877
13 755 v 1 4. 088
13 885
Durable-goods industries.. _
_ _ _ _ do _ _
8,271
8,360
8 393
8 352
8 258
7 923
8 044
7 819
P 7 305
7 441
7 255
7 396
7'' 656
Nondurable-goods industries
do
7 129
7 257
7 121
•D fi 78Q
7 016
6 916
6 738
6 726
6 656
6 521
6 489
6 436
6 500
Mining, total
do
1 006
Q7ft
Q4.Q
Q74.
1 007
1 000
1 002
999
991
986
981
984
QC
99
Metal
do
95
96
99
97
101
98
102
103
101
Anthracite
_ _
do
81
81
78
79
80
80
81
80
79
78
77
77
400
4O1
Bituminous coal
do
4.1 1 ~~
44.fi
460
461
458
458
461
455
458
448
Crude-petroleum and natural-gas production
thousands __
266
262
265
264
263
260
258
257
259
260
263
266
Nomnetallic mining and quarrying
do
104
104
102
101
99
94
93
95
97
98
98
100
plOO
Contract construct] on. _ _ _
do
2,384
2 334
2 369
9 97Q
2 287
2 200
2 205
2? 016
1 926
1 947
2 137
2 036
Transportation and public utilities
do _ _ _
4,213
4,189
4,188
4,166
4,158
4 024
v A. ooo
4 054
3' 975
3 991
4 021
4 030
4 014
Interstate railroads
__do
1,543
1,539
1,534
1,504
1,517
1,414
1,440
1 370
1 387
1 416
1 409
1 386
Local railways and bus lines
do___
164
163
162
162
162
161
161
160
161
159
159
158
Telephone
do
647
643
640
643
644
641
644
644
641
637
639
638
Telegraph
do.
55
55
60
59
59
58
58
57
56
55
53
52
Gas and electric utilities
do
509
506
502
503
505
503
504
505
507
509
515
520
«• Revised, v Preliminary.
JThe adjusted indexes of department-store sales have recently been revised; unpublished revisions available upon request are as follows: Atlanta, 1944-April 1948: Chicago 1945-April
1948; Cleveland and Minneapolis, 1946-March 1948; Kansas City, 1945-March 1948; Philadelphia, 1944-March 1948; Richmond, 1946-May 1948. Current revisions for Dallas and San Francisco are tentative, pending completion of the revision for earlier periods. Department-store sales indexes for the United States reflect all revisions in the district and, therefore are subiect
to further adjustment. Recent revisions of data on department-store stocks, by districts, are reflected in the U. S. total which is also subject to further revision. The indexes of rural sales
of merchandise have been recomputed on a 1935-39 base; data through 1948 appear in the 1949 STATISTICAL SUPPLEMENT. The series on wholesale trade have been revised back to 1939- revisions prior to August 1948 are available upon request.
'
§Data for 1947 and 1948 (shown in the 1949 STATISTICAL SUPPLEMENT) have been revised; revisions prior to August 1948 are available upon request
fRevised series. See note marked "f" on p. S-ll.
SUKVEY OF CURBENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-ll
1949
1948
August
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
•
March
April
May
June
July
August
EMPLOYMENT AND POPULATION—Continued
EMP LO YM ENT— Continued
Employees in nonagricultural establishments1!—
Continued
Unadjusted (U. S. Dept. of Labor)— Continued
Trade
_
thousands
Wholesale trade.. ._
_
do .
Retail trade
do
General-merchandise stores _
do .
Food and liquor
do
Automotive and accessories dealers do
Finance
do
Service
do
Hotels and lodging places
do
Laundries
do
Cleaning and dyeing plants
do
Government
do
Total, adjusted (Federal Reserve)
Manufacturing _ _
Mining
Contract construction
Transportation and public utilities.Trade
Finance
Service
Government
__
do
do
do
do
_ do .
do
do
do
do
Production workers in manufacturing industries:!
Total (U. S. Dept. of Labor) ._. _
thousands..
Durable-goods industries _.
do
Ordnance and accessories
do.. _
Lumber and wood products (except furniture)
_ _ _- .
_. thousands
Sawmills and planing mills
do
Furniture and
fixtures
do__ .
Stone, clay, and glass products
do
Glass and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling
mills
thousands
Primary smelting and refining of nonferrous metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)__thous_ .
Heating apparatus (except electrical) and
plumbers' supplies
thousands
Machinery (except electrical)
do
Electrical machinery.do._
Transportation equipment-.
do
Automobiles
do
Aircraft and parts
do
Ship and boat building and repairs do
Railroad equipment
do
Instruments and related products
do
Miscellaneous mf g. industries
do
Nondurable-goods industr ies
do
Food and kindred products
do
Meat products
do
Dairy products
-.
do
Canning and preserving
do
Bakery products
do
Beverages
do
Tobacco manufactures
do
Textile-mill products
do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
..- thousands
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
thousands
Women's outerwear .do
Paper and allied products. __ .. __ _ ..do_ _.
Pulp, paper, and paperboard mills _ do_
Printing, publishing, and allied industries
thousands..
Newspapers
do
Commercial printing ..
_ do
Chemicals and allied products
do
Industrial organic chemicals. _ _ __do
Drugs and medicines . _
_ do.
Paints, pigments, and
fillers
do
Products of petroleum and coal.
do .
Petroleum refining. _ _ _
do
Rubber products
do
Tires and inner tubes
._.
do.
Leather and leather products
do
Footwear (except rubber)
_ do
Manufacturing production-worker exmployment
index, unadjusted (U. S. Dept. of Labor) f
1939=100__
Manufacturing production-worker employment
index, adjusted (Federal Reserve) f
1939 =100 _ _
r
9,366
2,557
6,809
1,354
1,181
644
1 742
4 850
520
362
149
5 533
9,522
2.581
6,941
1,432
1,181
646
1 725
4 849
489
358
148
5 668
9,654
2,601
7,053
1,523
1,196
648
1 720
4,811
464
355
150
5,694
9,807
2,612
7,195
1,647
1,197
654
1,721
4,782
458
351
147
5,685
10, 273
2,595
7,678
1,990
1,208
668
1,724
4,757
461
350
145
5,994
9,388
2,559
6,829
1,423
1,186
653
1,731
4,723
447
351
144
5,764
9,292
2, 541
6,751
1,386
1,184
647
1,735
4,712
447
346
142
5,737
9,310
2,523
6,787
1,411
1,193
648
1,749
4,720
445
346
144
5,761
9,478
2,504
6,974
1,515
1,204
658
1,757
4,768
451
347
150
5,775
9,342
2,482
6,860
1,434
1, 203
661
1,763
4,804
464
353
153
5,813
9,327
2,489
6,838
1,403
1,209
670
1,774
4,829
487
356
154
5,772
9,205
2,470
6,735
1,359
1,193
679
1,781
4, 845
510
358
151
5,707
p 9, 212
p 2, 529
p 6, 683
p 1,332
p 1,185
"690
"1,780
P 4, 831
44 456
15, 364
998
2 207
4,166
9 577
1,725
4 802
5,617
44 512
15, 378
1 002
2,214
4,168
9 566
1,734
4 801
5,649
44, 472
15, 324
998
2,223
4,195
9 533
1,737
4 787
5,675
44, 412
15, 259
998
2,242
4,170
9,500
1,738
4,782
5,723
44, 267
15, 046
1 003
2,245
4,158
9,537
1,741
4,781
5,756
43, 861
14, 796
997
2,215
4,090
9,479
1,740
4,771
5,773
43, 646
14, 660
995
2,164
4,059
9 465
1,744
4 784
5,775
43, 422
14, 478
987
2,140
4,008
9,497
1,749
4,792
5,771
43, 239
14, 292
987
2,121
4,008
9,516
1,748
4,792
5,775
43, 022
14, 090
975
2,116
4, 024
9, 475
1,754
4,804
5,784
42, 849
14, 006
966
2,100
4,002
9,447
1,756
4,781
5, 791
42, 702
13, 947
942
2, 130
3,974
9,367
1,755
4,773
5,814
" 42, 983
P 14, 039
"960
p 2, 160
p 3, 955
p 9, 419
P 1,762
P 4, 783
p 5, 905
12, 804
6 856
24
13, 017
6 940
24
12, 913
6 969
24
12, 775
6 942
24
12, 578
6 845
24
12, 201
6 640
24
12, 074
6 523
23
11, 904
6 417
23
11,616
6 262
23
11,324
6, 057
21
11,335
6,021
21
11, 206
5,891
19
p 11, 542
P 5, 946
"19
790
470
298
453
118
1,082
782
465
3U4
455
121
1,091
769
452
307
458
122
1,096
754
443
305
457
120
1,099
720
420
297
451
117
1,101
667
387
284
436
112
1,090
655
380
278
429
110
1,077
659
385
274
423
107
1,062
659
389
268
416
105
1,028
672
399
259
414
106
991
685
410
257
409
105
971
677
408
253
402
102
933
"695
547
545
545
547
551
550
553
552
545
534
523
506
p 5, 815
"264
"412
"926
47
46
46
47
46
46
46
47
47
45
45
42
805
819
820
816
801
767
752
729
706
683
679
672
136
1 188
632
991
642
162
112
61
199
394
139
1 193
642
1,026
661
169
111
71
201
403
143
1,190
647
1, 045
672
177
111
70
201
412
140
1 187
650
1,046
669
183
108
72
198
406
131
1 179
643
1,048
670
186
Io6
72
196
385
117
1 155
623
1,038
665
190
102
72
190
366
112
1 133
607
1,021
649
190
100
72
185
363
108
1 108
585
1,017
646
192
98
72
183
354
103
1 066
560
1,012
649
192
93
69
181
343
97
1,014
538
955
601
187
92
67
177
333
94
977
518
996
647
187
88
66
175
333
92
936
504
1,010
667
192
85
58
171
314
5,948
1,328
225
121
297
198
169
96
1,274
618
229
6,077
1 438
223
115
4u8
199
170
99
1,261
615
226
5,944
1,311
226
108
258
203
167
100
1,249
610
226
5,833
l,-226
235
104
173
197
167
97
1,245
610
225
5, 733
1,171
247
luu
147
196
157
93
1,236
607
220
5,561
1,097
240
99
118
190
146
90
1,200
590
212
5,551
1 073
231
1UO
108
189
145
88
1,190
582
214
5,487
1,069
226
103
110
185
149
85
1,150
558
211
5,354
1^071
217
108
125
186
140
82
5,315
1,153
226
122
168
192
153
84
1,083
525
203
5,315
1,224
227
122
219
191
169
82
1,056
517
200
P 5, 596
P 1, 337
530
207
5,267
1 095
221
115
131
188
148
82
1,087
526
202
l,0bl
144
1,072
144
1,072
142
1,058
135
1,040
135
1,015
135
1, u55
139
1,051
137
I,0u8
134
956
118
957
122
944
118
P 1, 033
248
316
405
213
250
321
408
212
249
316
411
211
246
315
412
211
236
315
409
210
225
314
398
208
241
324
391
204
242
318
386
201
241
289
377
196
239
257
372
194
236
257
368
191
221
262
363
187
496
134
163
514
166
60
48
197
153
205
95
372
239
500
136
164
527
166
60
47
195
151
207
94
370
235
508
137
168
532
165
60
47
184
150
208
93
369
233
508
138
167
529
166
60
47
192
149
209
94
357
224
509
139
170
526
165
60
46
189
149
206
93
354
228
500
136
169
519
163
62
45
187
149
201
91
354
233
497
137
166
513
162
62
45
188
150
197
89
359
235
496
139
164
511
157
61
44
187
149
194
89
358
234
495
140
163
495
148
61
44
188
149
190
89
348
228
494
141
162
476
142
60
43
188
149
185
87
332
216
494
142
163
465
139
60
43
189
150
181
86
339
223
483
140
161
453
136
59
42
189
150
178
82
343
227
"485
156.3
158.9
157.6
155.9
153.5
148.9
147.4
145. 3
141.8
138.2
138.4
136.8
p 140. 9
155.6
156.1
155.5
154.8
152.1
149.1
147.5
145.5
143.2
140.6
139.8
138.7
p 140. 1
i, luo
J-684
"923
p 510
P I, Oil
"172
"330
"90
P 1, 106
"367
p 457
P 191
p 179
"351
p
Revised.
Preliminary.
t Revised series. Beginning with this issue of the Survey, the indicated series on employment, pay rolls, and hours and earnings have been revised to incorporate three major changes:
(1) adoption of the current Standard Industrial Classification; (2) ^classification of reporting establishments on the basis of major postwar product or activity; (3) adjustment to 1947 benchmark levels and a revision in estimating production-worker employment. The periods affected by the revision and the revised data prior to August 1948 will be shown later.
SURVEY OF CUEEENT BUSINESS
S-12
October 1949
1949
1948
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August
September
October
November
December
January
February
March
April
May
June
July
295, 071
124, 025
120, 469
314, 414
137, 965
124, 931
August
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Miscellaneous employment data:
Federal and State highways total §
number
Construction (Federal and State)
do
Maintenance (State)
do
Federal civilian employees:
United States.
thousands-District of Columbia
do
Railway employees (class I steam railways) :
Total
thousands
Indexes:
Unadjusted
1935-39=100-Adjusted
thousands. _
305, 031
132, 302
122, 274
298, 569
128, 869
120, 098
289, 056
124, 100
117, 957
259, 338
99, 158
117, 706
227, 808
69, 381
112, 519
207, 943
52, 207
110, 216
203, 088
48, 744
109, 014
214, 405
59, 507
108, 618
238, 605
80, 881
111, 169
268, 525
106, 743
113, 965
1,895
208
1,899
208
1,880
209
1,896
212
1,899
212
1,901
212
1,900
213
1,908
214
1,922
215
1,933
216
' 1, 929
217
1,385
1,380
1,376
1,360
1,339
1,285
1,261
1,228
1,245
1,267
r
132.8
130.1
132.3
129.1
131.8
127.6
130.2
129.1
127.9
129.9
123.0
127.9
120.6
123.6
117.3
120.3
119.1
121.0
121.2
121.7
360.1
366.8
366.7
362.8
360.7
345.9
340.4
332.8
319.2
312.8
315.8
312.9
40.1
40.6
41.5
39.8
40.0
41.9
40.0
40.7
42.1
39.8
40.4
41.9
40.1
40.7
41.4
39.5
40.1
40.9
39.4
39.9
41.3
39.1
39.5
39.6
38.4
39.0
36.7
38.6
39.0
40.3
38.8
39.2
39.7
38.8
38.8
40.3
^39.0
*39.1
»41.3
42.5
42.7
40.6
41.4
39.5
40.1
41.3
41.2
40.7
40.7
39.3
39.7
42.0
42.2
41.6
41.4
40.2
40.6
41.2
41.0
40.7
40.6
38.8
40.3
41.0
40.8
41.2
41.0
39.7
40.3
40.7
40.8
39.4
40.1
39.3
40.0
39.5
39.3
39.8
40.4
39.9
39.8
40.3
40.2
39.6
39.9
39.1
39.0
40.5
40.6
38.7
39.3
38.2
38.4
41.1
41.1
38.5
39.6
39.1
38.0
40.7
40.6
39.0
39.4
38.9
37.7
39.7
39.3
38.8
38.6
37.9
36.9
P40.2
39.7
39.3
40.3
40.0
39.8
40.0
39.9
39.5
39.4
38.7
37.7
36.4
41.3
41.2
41.3
40.4
41.0
41.0
40.8
41.0
41.3
40.7
40.5
39.1
40.5
39.6
40.8
40.7
41.0
40.1
39.7
39.5
38.7
39.0
39.2
39.3
40.3
41.0
39.9
39.3
38.9
41.2
37.7
40.0
40.0
40.7
39.3
40.7
40.0
37.9
37.2
41.4
36.4
38.1
40.2
40.7
40.9
41.1
40.2
39.3
39.0
41.2
37.3
39.9
39.8
41.0
40.0
40.8
40.3
39.0
38.8
41.4
34.7
39.7
39.9
41.0
40.2
41.1
40.4
40.1
39.7
41.4
39.0
41.5
40.0
41.0
38.1
40.5
39.7
39.9
39.8
40.5
39.0
40.8
40.0
40.2
37.2
40.4
39.6
39.8
39.5
41.2
38.5
40.7
39.8
40.3
37.6
39.9
39.1
38.6
37.7
40.7
38.9
39.9
39. 7
40.2
36.6
39.1
38.5
38.7
38.6
39.4
38.2
38.6
39.3
39.0
37.1
39.2
38.8
38.2
37.3
40.5
38.1
39.2
39.5
39.0
37.3
39.2
39.0
39.6
39.5
40.t5
38.4
38.9
39.2
39.4
38.3
39.0
38.7
39.8
40.2
39.8
38.4
37.8
39.0
38.6
39.5
41.2
41.3
45.6
36.3
42.4
42 5
39.1
38.6
38.8
37.2
39.6
42.4
41.8
45.3
41.6
42.8
42.5
38.6
38.0
38.3
36.5
39.1
41.8
42.0
45.0
39.3
42 .4
41.1
39.9
37.9
38. 3
37.1
39.2
41.8
42.9
44.9
35.6
41.9
42.1
37 9
38.4
37.1
39.3
41.9
44.1
44.7
36.5
41.9
41.2
38.3
38.4
38.7
36.5
38.7
41.5
42.9
44.8
36.8
40.9
40.2
36.2
37.5
37.7
35.7
38.8
41.3
41.2
45.0
38.2
42.1
40.3
35.4
37.7
37.8
36.3
38.6
40.9
40.3
44.4
37.2
41.4
40.8
36.1
37.2
36.8
36.5
37.6
40.6
39.9
44.6
36.5
42.0
40.9
34.7
35.7
35.2
35.1
3.8.1
41.3
40.7
45.2
37.4
42.1
41.8
35.7
35.4
34.6
35.3
38.5
41.7
40.4
45.8
38.3
42.2
42.2
38.0
36.3
35.7
36.2
38.8
42.2
41.8
45.7
39.8
42.1
42.7
37.5
36.7
36.4
36.3
36.5
36.8
36.4
36.9
35.0
34.5
36.0
35.5
35.7
35.3
35.3
35.4
36.2
36.5
36.3
36.7
34.4
34.5
35.5
34.2
35.4
33.3
35.3
33.7
"35.7
36.3
35.8
43.1
44.4
36.2
35.4
42.7
43.6
35.9
32.6
42.8
43.8
35.5
35.2
42.9
43.9
34.8
35.2
42.6
43.3
34.2
35.1
41.6
42.7
35.6
35.8
41.2
42.0
36.4
35.4
41.0
41.7
35.2
33.4
40.3
41.2
36.1
35.0
40.4
41.1
35.8
34.6
40.4
40.5
36.0
34.0
41.2
41.8
*41.5
39.2
37.6
40.2
41.2
40.5
39.8
42.6
41.5
41.1
40.3
. 39.5
38.0
37.4
39.4
37.9
40.3
41.5
40.4
40.6
42.3
38.9
37.9
39.5
37.9
37.4
36.8
38.9
37.7
39.8
41.8
40.1
40.7
42.3
41.4
40.8
39.2
37.2
36.4
35.4
39.2
37.7
40.1
41.7
40.3
40.9
41.6
40.4
40.0
38.7
36.2
35.7
34.3
39.6
38.5
40.7
41.8
40.3
41.2
41.3
40.4
40.4
38.5
35.6
37.1
36.5
38.6
36.9
40.1
41.1
39.6
40.7
40.9
41.2
41.5
37.9
35.3
37.2
36.9
38.6
37.1
39.6
41.0
39.9
40.6
40.7
39.9
39.9
37.7
35.4
37.7
37.3
38.6
37.1
39.6
40.9
39.4
40.7
40.5
40.0
40.0
37.0
35.8
37.5
37.2
38.4
37.6
39.3
40.6
38.8
40.1
41.1
40.1
39.8
36.9
35.4
35.8
35.1
38.7
37.8
39.7
40.7
39.2
40.4
40.7
40.7
40.5
37.7
36.3
35.1
34.0
38.7
37.7
40.0
40.9
39.2
40.3
41.1
40.2
39.9
38.2
36.6
36.5
36.0
38.8
37.4
40.0
40.6
39.3
40.0
40.9
40.7
40.4
38-3
36.4
37.0
36.8
43.1
38.3
39.0
41.6
36.6
37.6
42.5
38.7
39 2
42.4
33.4
37.2
43.0
34.0
39.0
42.1
36.0
39.2
42.4
26.1
37.9
43.3
25.0
36.4
42.6
30.6
37.4
42.2
34.1
37.5
40.8
23.4
30.7
39.5
35.6
25.1
41.5
46.1
39.1
42.3
37.8
39.6
45.0
38.9
42.4
37.6
39.7
45.7
38.6
42.1
37.3
39.6
44.4
37.1
39.1
36.4
40.0
44.3
38.5
40.7
37.8
41.1
42.7
37.5
39.5
37.0
39.8
42.3
37.3
39.7
36.5
39.6
42.5
36.9
39.5
36.1
39.9
43.3
37.3
40.1
36.4
40.6
44.3
38.5
41.7
37.2
39.7
43.8
38.5
41.9
37.1
40.3
43.3
38.5
42.2
37.1
1,923
217
1,915
214
1, 261
f 1, 237
» 1, 231
' 120. 6
' 119.0
f 118. 4
v 115.9
v 117. 8
v 115. 4
PAY ROLLS
Manufacturing production-worker pay roll index,
unadjusted (U S Dept of Labor) f 1939=100
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :f
All manufacturing industries
hours
Durable-goods industries
do
Ordnance and accessories _
do
Lumber and wood products (except furniture)
hours _
Furniture and fixtures
do Stone, clay, and glass products
do
Glass and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling mills
hours
Primary smelting and refining of nonferrous
metals
hours- .
Fabricated metal prod, (except ordnance, machinery, transportation equipment). .hours. .
Heating apparatus (except electrical) and
plumbers' supplies
hours
Machinery (except electrical)
_do
Electrical machinery
do
Transportation equipment
do
Automobiles
do
Aircraft and parts
do
Ship and boat building and repairs do
Railroad equipment
do
Instruments and related products
do
Miscellaneous mfg industries
do
Nondurable-goods industries
Food and kindred products
Mieat products
Dairy products
Canning and preserving
Bakery products
Beverages
Tobacco manufactures
Textile-mill products
Broad-woven fabric mills
Knitting mills
do
do
do
do
do
do
do
do
do
do
do
Apparel and other finished textile products
hours __
Men's and boys' furnishings and work
clothing
hours-\Vomen's outerwear
do
Paper and allied products
do
Pulp, paper and paperboard mills
do
Printing, publishing, and allied industries
hours _ _
Newspapers
do
Commercial printing
do
Chemicals and allied products
do
Industrial organic chemicals
do
Drugs and medicines
do
Paints, pigments, and
fillers
do
Products of petroleum and coal
do. _ _
Petroleum, refining
do
Rubber products
_
_ _ do __
Leather and leather products
Footwear (except rubber)
_
do
do
Nonmanufacturing industries:
Mining:
Metal
hours
\nthracite
do
Bituminous-coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural gas production
hours. _
ss!o
Nonbuilding construction
do
Buildine construction _ _ _
do-_'Revised. » Preliminary.
§Total includes State engineering, supervisory, and administrative employees not shown separately.
fRevised series. See note marked "f' on p. S-ll.
P40.3
"39.6
P37.9
J>39.1
*39.0
*39.2
?39.4
?38.5
?38.7
*38.9
P41.5
»37.7
P37.7
P38.9
*40.5
P40.4
P39.1
*37. 2
SURVEY OF CURRENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-13
1949
1948
August
September
October
November
December
January
February
March
April
May
June
July
August
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS—Continued
Average weekly hours per worker, etc. t— Continued
Nonmanufacturing industries — Continued
Transportation and public utilities:
Local railways and bus lines
hours
Telephone
_
do ._
Telegraph
do
Gas and electric utilities
_do___
Trade:
Wholesale trade
do
Retail trade:
General-merchandise stores
do
Food and liquor_- _
_ do
Automotive and accessories dealers do
Service:
TTotfils, year-round
do
Laundries
_do
Cleaning and dyeing plants
do
Industrial disputes (strikes and lock-outs) :
Beginning in month:
Work stoppages
number.
Workers involved
thousands
In effect during month:
Work stoppages
number
Workers involved
_ __ thousands __
Man-days idle during month
do
Percent of available working time
46.5
39.4
45.5
41.9
45.6
39.4
44.8
41.. 6
45.7
39.5
44.4
41.7
45.6
39.4
44.4
41.7
45.9
38.7
44.1
41.8
45.1
38.4
44.3
41.8
45.1
38.6
44.5
41.4
45.2
38.3
44.7
41.5
44.9
38.6
45.2
41.3
45.2
38.2
45.3
41.3
46.1
38.4
45.0
41.3
45.0
38.5
45.4
41.3
40.9
40.9
40.9
40.9
41.0
40.8
40.5
40.6
40.6
40.7
40.6
40.9
37.4
41.3
45.8
36.3
40.3
45.3
36.0
40.0
45.4
35.8
39.8
45.2
37.5
40.2
45.4
36.5
39.8
45.4
36.3
40.0
45.5
36.1
39.7
45.7
36.6
40.0
45.7
36.3
39.7
45.8
37.1
40.4
45.5
37.5
41.2
45.6
44.8
41.1
39.9
43.9
41.8
41.1
44.1
41.5
41.0
44.2
41.7
40.7
44.2
42.0
41.2
44.1
42.1
40.9
44.0
41.5
40.0
44.5
41.5
40.5
44.2
41.8
42.4
44.7
42.4
42.7
44.1
41.6
42.3
44.1
41.5
41.3
355
143
299
158
256
110
216
111
144
41
225
70
225
80
275
500
400
175
450
250
375
575
300
110
P375
P150
603
232
2,100
.3
553
267
2,540
.3
468
194
2,060
.3
388.
189
1,910
.3
283
93
713
.1
400
110
800
.1
350
120
650
.1
400
540
3,600
.5
500
225
1,800
.3
600
320
3,200
.5
550
660
4,600
.6
525
225
2,100
.3
p 550
p250
9 2, 000
r- . 3
509
551
492
422
339
308
276
327
363
706
4,002
680
3,591
724
3,306
956
3,953
1,323
5,175
' 1, 554
6,544
1,300
7,111
1,458
8,754
'1,800
7,886
1,468
115, 268
' 1, 786
' 152, 204
TT. S. Employment Service placement activities:
Nonagricultural placements _
thousands _
Unemployment compensation (Soc. Sec. Admin.) :
Initial claims
thousands
Continued claims
do
Benefit payments:
Beneficiaries, weekly average
do
Amount of payments
__thous. of dol
Veterans' unemployment allowances:
Initial claims
__ thousands.
Continued claims
do..
Claims filed during last week of month do
Amount of payments
thous. of dol
786
64, 562
721
59, 797
659
55, 435
731
62, 151
939
79, 966
1,213
'103,011
302
1,741
396
32, 732
227
1,477
310
29, 435
192
1,017
239
19, 258
256
1,124
259
20, 088
383
1,578
355
27, 997
450
2,206
571
39, 849
372
2,551
647
47, 103
Labor turn-over in manufacturing establishments:
Accession rate. _ .monthly rate per 100 employees. _
Separation rate, total..
_ _ _ __ thousands
Discharges
do
Lay-offs
do
Quits
do ...
Military and miscellaneous
do
5.0
5.1
.4
1.2
3.4
.1
5.1
5.4
.4
1.0
3.9
.1
4.5
4.5
.4
1.2
2.8
.1
3.9
4.1
.4
1.4
2.2
.1
2.7
4.3
.3
2.2
1.7
.1
3.2
4.6
.3
2.5
1.7
.1
55.06
58.50
57.44
55.16
58.28
58.83
55.60
59.50
59.28
55.60
59.11
59.50
56.14
59.67
58.62
54.78
55.68
48.64
54.98
54.79
62.84
53.57
53.89
49.69
54.82
55.61
63.48
54.01
54.56
50.92
56.01
56.92
64.51
52.53
52.52
50.02
55.18
55.91
64.08
65.07
65.83
66.66
60.79
61.88
57.83
57.02
58.11
61.42
56.94
63.43
64.57
61.88
59.08
63.12
54.24
49.94
57.34
61.54
57.40
61.97
62.42
63.55
58.57
59.97
54.79
50.55
402
400
369
451
1, 662
8,366
1,365
8,778
1,350
1,252
1,598
136, 558
' 1,718
146, 712
1,814
154, 696
1,717
148, 767
1,955
170, 629
376
3,130
678
60, 766
299
2,608
624
50, 423
331
2,358
553
44, 618
446
2,486
548
45, 797
279
2,569
606
48, 939
52
936
219
24, 135
2.9
4.1
.3
2.3
1.4
.1
3.0
4.8
.3
2.8
1.6
.1
2.9
4.8
.2
2.8
'1.7
.1
3.5
5.2
.2
3.3
1.6
.1
'4.4
'4.3
.2
'2.5
1.5
.1
3.6
3.8
.2
2.1
1.4
.1
55.50
58.83
58.08
55.20
58.49
59.22
54.74
57.83
57.90
53.80
57.21
54.13
54.08
57.21
59.32
54.55
57.86
58.72
54.67
57.35
59.56
* 54. 60
» 57. 63
p 60. 83
51.13
51.24
50.76
55.72
57.45
64.12
49.82
50.59
48.34
54.50
57.30
63.72
48.03
48.73
48.99
55.02
58.53
63.16
50.21
50.85
48.87
54.18
56.97
61.70
51.52
52.29
47.60
53.37
55.39
60.83
52.94
53.76
47.59
53.90
56.81
60.08
52.95
53.63
48.44
53.58
55.98
60.02
51.37
51.60
48.15
52.80
55.30
58.63
P 52. 30
66.16
65.87
66.24
65.64
64.90
64.69
63.24
62.21
59.95
61.08
59.95
61.01
61. 91
61.16
61.09
61.95
61.05
60.71
58.92
59.20
59.10
59.57
58.23
57.72
57.35
56.19
56.67
57.35
57.61
60.82
62.43
57.93
.64.85
65.75
64. 40
60.61
63.92
54.49
51.05
59.36
62.02
57.91
64.27
65.22
65.04
56.11
64.51
54.90
51.33
59.58
62.80
58.10
66.21
66.82
64.79
63.34
68.89
55.24
51.78
55.97
61.72
57.01
66.23
67.74
63.18
63.30
66.50
55.36
50.77
54.94
61.57
57.02
65.79
66.91
64.52
61.99
65.53
55.28
50.86
55.57
60.85
56.50
63.19
62.96
63.41
62.98
64.76
55.18
50.17
53.99
59.55
55.59
63.58
64.77
60.99
62.50
62.42
54.51
48.95
54.61
59.70
55.99
63.03
63.22
62.98
61.61
63.39
54.83
48.83
54.72
59.90
56. 16
65.70
67.11
62.98
62.98
62.63
54.57
49.72
55.73
59.63
56.00
66.19
68.54
61.97
62.09
61.16
54. 41
48.33
51.63
53.25
60.19
53.39
39.41
50.24
64.33
37.07
45.49
45.81
42.48
51. 84
53.84
61.52
53.37
42.45
50.74
62.34
37.50
45.93
46.13
41.65
51.35
53.62
59.59
54.34
42.61
49.82
60.90
35.69
44.89
44.79
40.88
51.33
53.07
55.70
54.59
43.89
51.28
61.54
34.94
45.01
44.83
41.09
51.07
52.80
55.25
53.77
42.89
50.34
62.75
36.21
44.19
43. 28
41.39
49.67
52.33
54.98
54.10
43.07
51.07
62.29
35.15
42.20
41.08
39.87
50.41
53. 44
56.17
54.47
43.65
51.61
64.54
36.27
41.91
40.52
40.07
51.01
53.75
55.87
55.23
42.63
52.29
65. 83
38.57
43.02
42.09
40.80
51.68
54.69
58.02
55.62
43.70
52.50
68.79
38.29
43.45
43.10
40.55
r
r
WAGES
Average weekly earnings (U. S. Department of
Labor) :f
All manufacturing industries
dollars..
Durable-goods industries
do
Ordnance and accessories . __
do_.
Lumber and wood products (except furniture). _ _.
. __.
dollars.
Sawmills and planing mills
do
Furniture and
fixtures
_
.do
Stone clay, and glass products
do
Glass and glass products.do _
Primary metal industries. .. .
do
Blast furnaces, steel works, and rolling
mills
.
... .
.dollars
Primary smelting and refining of nonferrous
metals. .
.
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment) . dollars.
Heating apparatus (except electrical) and
plumbers' supplies. _ _ _ ._
dollars
Machinery (except electrical) . .
do
Electrical machinery
do
Transportation equipment _
do_.
Automobiles
do
Aircraft and parts _
do
Ship and boat building and repairs. _ .do
Railroad equipment
do
Instruments and related products. _ ..do .
Miscellaneous mfg. industries _
do
51.07
Nondurable-goods industries
do
51.64
Food and kindred products
.do.. .
50.88
52.41
Meat products
_ _ do.
55.47
57.18
Dairy products
.do
53.03
53.82
Canning and preserving _
do
40.00
46.05
Bakery products
_ __ _ . do _
49.61
50.93
63.54
Beverages...
do. _
64.18
37.65
Tobacco manufactures
do
36.75
Textile-mill products
do . .
45.36
45.37
Broad-woven fabric mills
do
45.67
45.77
Knitting mills
_._
do .
41.33
41.39
r Revised. p Preliminary. fRevised series. S<>e note mai•ked "f" o a p.
50.91
52.29
56.91
53.42
45.16
50.67
61.24
37.94
45.25
45.58
42.29
S-ll.
v 49. 93
v 54. 29
P 60. 26
v 57. 52
p 59. 48
P 56. 84
p 65. 33
P 53. 44
p 47. 68
P51.35
"52.71
i 37. 17
* 44. 71
SUEVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1948
August
Septem-
ber
October
1949
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
June
July
August
EMPLOYMENT AND POPULATION—Continued
WAGE S— Continued
Average weekly earnings— Continuedt
All manufacturing industries— Continued
Nondurable-goods industries— Continued
Apparel and other finished textile products
dollars. _
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing _
_
dollars. .
Women's outerwear
do
Paper and allied products
.do
Pulp, paper, and paperboard mills . do
Printing, publishing, and allied industries
dollars ._
Newspapers
do
Commercial printing
_ do
Chemicals and allied products
do
Industrial organic chemicals _
do
Drugs and medicines
do
Paints, pigments, and
fillers
do
Products of petroleum and coal
do
Petroleum refining
do
Rubber products
_ _
do
Tires and inner tubes
do
Leather and leather products
do
Footwear (except rubber)
do
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
_
_ .do _ _
Bituminous coal
do__
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars _ _
Nonmetalic mining and quarrying
do _
Contract construction,
do
Nonbuilding construction
. do
Building construction
...do
Transportation and public utilities:
Local railways and bus lines
do__ _
Telephone
do
Telegraph _
__
_.do_.
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade:
General -merchandise stores
_do
Food and liquor
_
do
Automotive and accessories dealers. _do
Finance:
Banks and trust companies.
do
Service:
Hotels, year-round
do
Laundries
do
Cleaning and dyeing plants
do
Average hourly earnings (U. S. Department of
Labor) :f
All manufacturing industries
.
dollars. .
Durable-goods industries
do
Ordnance and accessories
do .
Lumber and wood products (except furniture)
_..
-. dollars. .
Sawmills and planing mills
.do
Furniture and
fixtures
_ __
do _.
Stone, clay, and glass products
do_-_
Glass and glass products
do
Primary metal industries
do
Blast furnaces, steel works, and rolling mills
dollars. _
Primary smelting and refining of nonferrous
metals _ _
. _
_
. dollars. .
Fabricated metal prod, (except ordnance ma. chinery, transportation equipment) - dollars. ..
Heating apparatus (except electrical) and
plumbers' supplies
dollars. .
Machinery, (except electrical)
do
Electrical machinery
_ -_
do
Transportation equipment
do
Automobiles
do
Aircraft and parts
_ do _.
Ship and boat building and repairs. __do
Railroad equipment
do
Instruments and related products
do
Miscellaneous mfg. industries
do
Nondurable-goods industries
Food and kindred products
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
Tobacco manufactures
Textile-mill products
Broad-woven fabric mills
Knitting mills
p Preliminary,
_.
_
._
do
do .
do
do
do
do
do
do
do
do
do
43.98
50.53
44.34
50.52
41.48
46.68
43.24
48.03
42.95
48.01
43.10
48.07
43.87
49.42
43.41
50.13
39.53
46.30
39.94
46.00
40.07
43.86
40.88
44.35
p 41. 77
33.14
54.42
56.76
61.89
33.49
54.55
56.96
61.82
32.99
48.15
56.84
61.41
33.02
52.98
57.27
61.94
32.50
52.52
56.66
60.79
32.05
53.81
55.54
59.91
32.89
53.84
54.84
58.72
33.82
51.68
54.45
58.17
32.49
45.42
53.48
57.35
33.36
45.61
53.73
57.58
32.76
46.19
54.50
57.87
32.98
48.28
55.66
59.61
p 55. 82
67.15
74.22
66.37
57.39
59.58
53.65
60.11
72.42
75. 30
60.33
68.26
42.71
40.77
68.79
76.60
67.82
57.81
60.07
54.73
60.11
69.13
70.99
59.25
65.57
42.75
41.00
67.76
76.15
66.90
57.56
59.23
55.51
60.07
73.15
76.13
58.96
64.50
41.50
39.15
68.36
76.76
67.37
57.92
59.93
56.24
59.32
72.60
75.92
58.20
62.66
40.88
37.87
69.30
79.39
68.58
58.35
60.05
56.36
59.14
71.59
75.02
57.67
61.20
42.41
40.22
67.59
74.83
67.77
57.70
59.36
56.45
58.45
73.29
77.02
56.89
60.72
42.30
40.63
68.32
75.65
67.91
57.81
60.37
56.52
58.97
70.82
73.89
56.55
60.99
42.83
41.07
69.56
76.72
69.26
57.51
59.69
56.37
58.81
70.92
74.00
55.43
61.50
42.56
40.96
69.39
78.43
68.42
57.45
59.17
55.78
59.92
71.26
73.95
55.50
60.92
40.74
38.68
70.40
80.02
69.51
58.20
60.09
56.68
59.22
72.12
75.21
57.08
63.20
40.05
37.37
70.59
79.58
70.84
59.31
60.56
57.15
59.76
71. 80
74.73
58.29
64.09
41.46
39.24
70.97
78.76
70.76
59.40
61.43
56.48
59.31
73.59
76.64
58.41
64.21
41.66
39.89
62.88
72.77
76.48
62.44
69.32
74.11
64.09
73.68
76.24
64.02
60.89
72.73
65.36
63.27
76.28
64.75
67.39
76.32
64.74
47.97
73.56
66.16
46.15
70.54
64.71
56.82
72.33
63.72
63.63
72.98
60.96
45.28
59.90
58.82
67.14
47.94
70.18
58.69
70.47
69.40
70.91
67.83
57.42
71.07
70. 56
71.29
68.28
58.68
70.51
70.40
70.59
68.82
57.05
68.28
65.31
69.39
69.52
56.79
71.65
69.64
72.33
73.32
54.91
70.14
67.54
70.88
70.37
54.36
69.96
68.06
70.53
69.54
54.40
69.22
67.25
69.83
70.30
56.38
69.86
68.47
70.33
71.78
58.17
71.70
71.42
71.81
70.59
57.55
71.41
71.34
71.44
72.46
57.46
71.52
72.13
71.27
62.31
48.42
62.56
61.17
62.29
49.21
61.87
61.44
63.29
49.85
61.32
62.38
63.25
51.42
61.41
62.38
63.85
49.85
61.17
62.41
63. 82
49.84
61.58
63.08
64.18
50.84
61.94
62.60
64.18
50.82
62.31
62.54
64.64
50.58
63.37
62.82
64.48
51.84
63.69
63.40
66.20
51. 61
62.96
63.64
65.07
52.05
63.97
64.14
'55. 87
55.83
56.28
56.48
56.87
57.24
56.82
56.88
57.12
57.83
57.49
58.36
34.30
48.57
58.12
33.50
48.04
57.30
33.19
47.52
57.11
32.86
47.84
57.22
34.46
48.48
57.07
34.42
49.07
57.25
34.01
49.12
57.15
33.68
48.87
58.18
34.26
49.08
59.50
34.85
48.99
60.00
35.65
50.10
59.70
35.78
51.17
60.19
p 58. 64
P73.08
p 59. 04
P41.85
42.36
41.62
41.90
42.19
42.04
43.92
43.55
43.24
43.49
44.05
43.10
43.78
31.85
33.58
38.62
31.78
34.44
40.40
32.06
34.20
40.51
32.35
34.74
39.76
32.35
34.99
40.62
32.41
35.49
40.37
32.47
34.90
39.32
32.53
35.07
39.93
32.35
35.24
42.15
32.99
36.04
43.17
32.85
35.48
42.17
32.85
35.32
40.85
1.373
1.441
1.384
1.386
1.457
1.404
1.390
1.462
1.408
1.397
1.463
1.420
1.400
1.466
1.416
1.405
1.467
1.420
.401
.466
.434
1.400
1.464
1.462
1.401
1.467
1.475
1.401
1.467
1.472
1.406
1.476
1.479
1.409
1.478
1.478
p 1. 400
p 1. 474
P 1. 473
1.289
1.304
1.198
1.328
1.387
1.567
1.297
1.308
1.221
1.347
1.415
1.599
1.286
1.293
1.224
1.353
1.416
1.589
1.275
1.281
1.229
1.359
1.441
1.590
1.247
1.256
1.232
1.359
1.447
1.591
1.224
1.240
1.227
1.359
1.458
1.593
.216
.240
.231
.362
.467
.587
1.246
1.265
1.234
1.358
1.457
1.582
1.272
1.288
1.230
1.358
1.450
1.584
1.288
. 1.308
1.236
1.361
1.453
1.581
1.301
1.321
1.242
1. 360
1. 439
1.592
1.294
1.313
1. 241
1.3G8
1.459
1.589
P 1. 301
1.639
1.675
1.654
1.654
1.655
1.656
1.645
1.643
1.642
1.634
1.650
1.647
1.472
1.502
1.479
1.484
1.488
1.510
1.499
1.490
1.500
1.500
1.499
1.507
1.428
1.440
1.451
1.452
1.453
1.452
1.454
1.452
1.452
1.453
1.463
1.466
1.442
1.498
.427
.614
.660
.502
.567
.578
.356
.227
1.459
1.512
1.435
1.635
1.678
1.535
1.609
1.574
1.363
1.242
1.487
1.519
1.441
1.650
1.686
1.563
1.625
1.602
1.369
1.245
1.484
1.520
1.437
1.648
1.681
1.571
1.617
1.625
1.376
1.252
1.482
1.528
1.438
1.651
1.683
1.565
1.624
1.660
1.381
1.263
1.469
1.524
1.436
1.660
1.702
1.560
1.623
1.630
1.384
1.263
1.477
1.524
.440
.653
.694
.566
.610
.610
.389
.262
1.478
1.525
1.445
1.637
1.670
1.558
1.619
1.623
1.390
1.248
1.475
1.523
1.444
1.643
1.678
1.548
1.636
1.617
1.387
1.255
1.472
1. 523
1.443
1.650
1.695
1.555
1.617
1.617
1.388
1.252
1.467
1.528
1.440
1.659
1.699
1.555
1.640
1.610
1.392
1.262
1.455
1.529
1.447
1. 663
1.705
1.557
1.617
1.618
1.395
1.252
.293
.235
.343
.163
.102
.170
.495
.963
1.175
1.177
1.111
1.304
1.236
1.368
1.188
1.107
1.190
1. 510
.952
1.194
1.195
1.134
1.302
1.251
1.355
1.187
1.149
1.195
1.490
.951
1.194
1.190
1.140
1.317
1. 274
1.403
1.189
1.107
1.199
1.528
.978
1.197
1.193
1.145
1.319
1.285
1.395
1.194
1.163
1.211
1.513
.979
1.196
1.192
1.141
1.327
1.292
1.389
1.213
1.158
1.218
1.515
.986
1.197
1.188
1.145
1.323
1.285
1.352
1.213
1.149
1.218
1.527
.987
1.194
1.186
1.132
.323
.291
.371
.211
.153
.216
.538
.003
1.188
1.176
1.134
1.321
1.289
1.378
1.213
1.180
1.216
1.523
1.013
1.182
1.167
1.136
1.323
1.294
1.380
1.205
1.167
1.226
1.544
1.016
1.184
1.171
1.135
1.325
1.289
1.383
1.206
1.113
1.239
1.560
1.015
1.185
1.179
1.127
1. 332
1.296
1. 388
1.217
1.098
1. 217
1.611
1.021
1.184
1.184
1.117
televised series. See note mark ed "f" on p. S-ll.
p 71. 61
p 1. 239
P 1. 371
p 1. 590
P 1. 471
P 1. 525
p 1. 450
p 1. 658
p 1. 388
P 1. 232
p 1. 320
p 1. 270
P 1. 186
SURVEY OF CURRENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-15
1949
1948
August
September
October
November
December
January
February
March
April
May
June
July
August
EMPLOYMENT AND POPULATION—Continued
WAGES— Continued
Average hourly earnings, etc.f — Continued
Manufacturing industries— Continued
Nondurable-goods industries— Continued
Apparel and other finished textile products
dollars. .
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
dollars
"Women's outerwear
do
Paper and allied products
__
_do._ _
Pulp, paper, and paperboard mills do
Printing, publishing, and allied industries
dollars..
Newspapers
do
Commercial printing
do
Chemicals and allied products
do
Industrial organic chemicals
do
Drugs and medicines
do
Paints, pigments, and
fillers
do
Products of petroleum and COB!
do
Petroleum refining
_
do
Rubber products.
do...
Tires and inner tubes
do
Leather and leather products
do _
Footwear (except rubber)
do
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite ..
. do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph
. .
do _ . _
Gas and electric utilities
do
Trade:
Wholesale trade
_ _ . do
Retail trade:
General-merchandise stores
do
Pood and liquor
..do
Automotive and accessories dealers___do
Service:
Hotels year-round
do
Laundries
_ _.do
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wage rates (E. N. R.):§
Common labor
dol. per hr_.
Skilled labor
.
...
..do
Farm wage rates, without board or room (quarterly)*
dol. perhr..
Railway wages (average, class I)
-do...
Road-building wages, common labor
do
1.205
1.373
1.218
1 369
1.185
1 353
1.201
1.353
1.203
1 36C
1.221
1 358
1.212
1 354
1.196
1 366
1.149
1 342
1.125
1 345
1.132
1.317
1.158
1.316
913
925
1.541
1.334
1.418
919
1.477
1. 328
1.402
930
1. 505
1. 335
1.411
934
1.492
1.330
1.404
937
1 533
1. 335
1 403
924
1 504
1.331
1.398
929
1 460
1.328
1 395
923
1 360
1.327
1 392
924
1 303
1.330
1 401
.915
1.335
1.349
1.429
.916
1.420
1.351
1.426
1.411
1 745
1.832
1.497
1. 728
1.124
1 090
1.746
2.021
1 683
1 393
1.487
1 348
1.421
1 777
1.873
1.500
1 730
1.143
1 114
1.742
2.020
1 681
1 377
1.477
1 364
1.420
1 767
1 866
1.504
1 734
1.140
1 106
1.744
2.036
1 680
1 389
1.487
1 375
1.426
1 797
1.898
1.504
1 731
1.145
1 104
1.750
2.062
1 6^5
1 396
1.490
1 368
1.432
1 772
1 857
1.498
1 719
1 143
1 102
1.751
2.028
1 690
1 404
1.499
1 387
1 429
1 779
1 856
1 501
1 720
1 137
1 101
1.770
2.039
1 715
1 410
.513
392
449
775
852
.500
1 723
1 136
1 010
1.802
2 068
1 749
1 406
1 515
385
452
773
850
498
718
135
101
1.807
2 086
1 711
1 415
1 525
1 391
1 458
1 777
1 858
1 504
1 721
1 138
1 102
1.819
2 117
1 751
1 430
1.533
1 403
1 455
1 772
1 857
1.514
1 741
1 141
1 099
1.824
2.111
1 771
1.450
1.545
1 418
1.454
1 786
1. 873
1.526
1 751
1.136
1 090
1.829
2.106
1.769
1.463
1.563
1.412
1.450
1.808
1.897
1.525
1.764
1.126
1 084
1 459
1.900
1 961
1 501
1.894
1.971
1 508
1 904
1.945
1 510
1 823
1 955
1 520
1 861
1 956
1 538
1 872
1 947
1 527
1 838
1 941
1 528
1 846
1 938
1 519
1 857
1 934
1 510
1 866
1 946
1 494
1 935
1 951
1.489
1.886
1.910
1 691
1 273
1 803
1 639
1 874
1 713
1 276
1 827
1 663
1 895
1 720
1 284
1 826
1 672
1 892
1 738
1 285
1 840
1 671
1 906
1 738
1 282
1 862
1 712
1 915
1 784
1*286
1 869
1 710
1 918
1 768
1 285
1 877
1 714
1 930
1 756
1 280
1 875
1 703
1 933
1 762
1 302
1 872
1 709
1 934
1 768
1 313
1 864
1 712
1 930
1 778
1 314
1 856
1 704
1 924
1 798
1 327
1 855
1 710
1 922
1.340
1 229
1. 375
1 460
1 366
1 249
1 381
1 477
1 385
1 262
1 381
1 496
1 387
1 305
1 383
1 496
1 391
1 288
1 387
1 493
1 415
1 298
1 390
1 509
1 423
1 317
1 392
1 512
1 420
1 327
1 394
1 507
1 430
1 324
1 399
1 521
1 436
1 343
1 409
1 535
1 436
1 344
1 399
1 541
1.446
1 352
1 409
1 553
1 366
1 365
1 376
1 381
1 387
1 403
1 403
1 401
1 407
1 421
1 416
1 427
917
1 176
1.269
923
1 192
1.265
922
1 188
1 258
918
1 202
1 266
919
1 206
1 257
943
1 233
1 261
937
1 228
1 256
933
1 231
1 273
936
1 227
1 302
960
1 234
1 310
961
1 240
1 312
954
1 242
1 320
711
.817
.968
724
824
.983
727
*824
988
732
833
977
732
833
.986
735
843
987
738
841
983
731
845
986
732
843
994
738
850
1 Oil
745
853
997
745
.851
.989
' 1. 394
2.298
1.401
2.318
1.413
2. 332
1.413
2.343
1.413
2.347
1.417
2.353
1.417
2.353
1.424
2.376
1.424
2.378
1.431
2.384
1.441
2 394
1.465
2.412
1.295
1.313
.71
1.314
1.08
1 341
1.338
.77
1 352
1.00
1 370
1 337
71
1 380
1 06
1 389
1 375
.74
1.392
1 16
262
268
228
268
215
257
204
249
195
219
198
199
194
211
1 710
936
866
70
270
504
98 335
39 698
58 637
(i)
(i)
(i)
(i)
262
2
537
89 206
35 832
53 374
(i)
0)
0)
(i)
252
2
565
89 077
36 974
52 103
1 786
946
880
65
250
2
591
r gg 276
42 890
r
55 386
258
2
600
88 360
36 467
51 893
261
2
590
88 285
36 070
52 215
48, 051
22, 267
246
21, 688
23,077
48 051
21 754
19, 118
686
23, 383
51.1
47 396
21, 737
303
21, 094
23, 099
47 396
21 304
19, 076
638
23, 327
51.8
45 483
20, 092
247
19, 704
23, 116
45 483
19 582
18, 024
794
23, 346
53. 8
45 502
19, 696
103
19, 343
23, 245
45 502
19 246
17, 867
948
23 373
54. 5
44, 937
19, 239
317
18, 529
23, 285
44 937
18, 968
17, 437
-•752
23, 305
55.1
44, 192
18, 225
531
17, 524
23, 362
44 192
18 036
16,512
* 1,265
23, 273
56.6
1.520
1.317
1 394
1.713
1.974
1 651
1.393
1.471
1 348
* 1. 170
* 1. 345
* 1. 841
* 1. 448
' 1.809
p 1.510
v 1. 125
1.470
2 434
FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil. of dol
221
214
221
Commercial paper
do
309
305
285
Agricultural loans outstanding of agencies supervised by the Farm Credit Administration:
(i)
Total
-.mil. of dol- 1,739
0)
Farm mortgage loans, total
do
943
0)
0)
(i)
Federal land banks
... do
861
0)
(1)
Land Bank Commissioner
do
82
(0
Loans to cooperatives
do
262
301
278
539
Short-term credit
_
do
517
480
Bank debits total (141 centers)
do
87 149
93 511
95 582
33, 031
New York City
do
37, 531
38, 169
Outside New York City .
_.
do .
54, 118
55, 980
57, 413
Federal Reserve banks, condition, end of month:
47, 246
49, 514
Assets, total
.. . ._.
mil. of dol- _
49, 632
Reserve bank credit outstanding, total.. .do
22, 107
24, 071
23, 875
323
Discounts and advances
do
325
339
United States Government securities. . .do
23, 413
23, 042
21, 577
Gold certificate reserves
do
22, 465
22, 603
22, 726
Liabilities total
do
49 632
49 514
47, 246
Deposits, total
...
.
do
20, 462
22, 494
22 420
Member-bank reserve balances
do
17, 679
19, 986
19, 736
E xcess reserves (estimated)
do
1,038
742
837
Federal Reserve notes in circulation. ..do. _.
23,935
24, 024
24, 062
Reserve ratio
_.._.___ _ _ ..Dercent.
50.6
49.6
48.9
'1 Revised. * Preliminary.
Beginning July 1,1948, farm mortgage loan data are reported quarterly.
2 In accordance with Public Law 38,81st Congress, the Regional Agricultural Credit
Farmers Home Administration.
fRevised series. See note marked "f" °n P- S-ll.
§Rate as oi October 1,1949: Common labor, $1.478; skilled labor, $2.453.
*New series. Comparable data prior to January 1948 are not available.
239
287
259
269
314
449
91 569
34, 754
56, 815
1 677
932
857
75
311
435
109 908
46, 194
63, 714
299
444.
94 080
38, 429
55 651
(i)
(i)
(i)
(i)
289
466
80 180
31, 982
48 198
49, 803
23, 881
337
23, 209
22, 889
49 803
22, 427
19, 894
809
24, 172
49.1
50, 043
24, 097
223
23, 333
22, 966
50 043
22, 791
20, 479
1,202
24, 161
48.9
48, 585
22, 914
456
22, 109
23, 025
48 585
22, 248
19, 540
477
23, 609
50.2
48, 448
22, 855
251
22, 342
23, 045
48 448
22, 235
19, 617
808
23, 528
50.4
(i)
(i)
(i)
0)
(i
(i
(i
(i
(i)
(i)
(i)
(i)
189
230
CO
(!)
(0
(1)
Corporation of Washington, D. C., was dissolved and as of April 16,1949, its assets were transferred to the
•
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
August
September
October
November
December
January
February
March
April
July
June
May
August
FINANCE—Continued
B ANKIN G— Continued
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted
mil. of dol
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of dol. .
States and political subdivisions
do_
United States Government
do
Time, except interbank, total
do _ _
Individuals, partnerships, and corporations
mil. of dol__
States and political subdivisions
do_ __
Interbank (demand and time)
do
Investments, total
__ _
do
U. S. Government obligations, direct and
guaranteed, total_ mil. of dol
Bills.
do
Certificates
do
Bonds and guaranteed obligations
do
Notes
do
Other securities
_ _ _
__
do__ _
Loans, total
mil of dol
Commercial, industrial, and agricultural .do
To brokers and dealers in securities.
do__ _
Other loans for purchasing or carrying securities
mil. of dol. _
Real -estate loans
do
Loans of banks
do_ _
Other loans
do
Money and interest rates :K
Bank rates to customers :f
In New York City
percent
In 7 other northern and eastern cities
do
In 11 southern and western cities
do
Discount rate (N. Y. F. R. Bank)
do
Federal land bank loans
do
Federal intermediate credit bank loans
do
Open market rates, New York City:
Acceptances, prime, bankers', 90 days
do
Commercial paper, prime, 4-6 months
do
Time loans, 90 days (N. Y. S. E.)
do....
Call loans, renewal (N. Y. S. E)
do
Yield on U. S. Govt. securities:
3-month bills
do__
3-5 year taxable issues _
_ do
Savings deposits, balance to credit of depositors:
New York State savings banks
mil. of dol._
U. S. postal savings
_ _ _ do
47, 056
46, 660
46,607
47, 341
47, 794
46, 945
46, 112
44,909
46, 175
46, 364
46, 093
46, 282
46, 737
46, 91.9
3,370
1,217
14, 795
46, 940
3,241
1,704
14,942
47, 474
3,299
1,513
14, 944
47, 804
3,292
1,264
14, 796
48, 214
3,282
1,274
15, 028
46, 576
3,408
1,476
15, 087
46, 014
3,418
1,706
15, 132
44, 341
3,588
2,095
15, 151
45, 737
3,548
1 188
15, 226
46, 128
3, 683
15, 283
45, 805
3,361
1,356
15, 375
45, 685
3, 432
1,591
15, 282
46, 416
3,367
2,196
15, 270
14, 271
539
30, 231
39, 136
14, 317
541
10, 041
37, 006
14, 323
536
10, 701
37, 502
14, 238
505
10, 472
37, 238
14. 403
540
10, 602
37, 192
14, 419
582
10, 174
37, 452
14, 452
593
10, 163
37, 359
14, 458
602
9,364
36, 137
14, 485
648
9 203
36, 945
14, 513
667
9,703
38, 525
14, 596
664
9,526
38, 699
14, 520
641
10, 032
40, 637
14, 502
647
10, 096
42, 282
34, 714
2,148
4, 164
25, 802
2,600
4,422
24 095
14, 887
743
32, 559
1,142
3,745
25, 230
2,442
4,447
24 899
15, 239
1,043
33, 268
2,378
4.423
24, 794
1,673
4,234
24, 730
15, 433
662
33, 075
2,106
4,458
24, 823
1,688
4,163
25 092
15, 542
974
32, 987
1,807
4,742
24, 594
1,844
4,205
25 559
15, 577
1,331
33, 268
1,987
5, 364
24, 890
1,027
4,184
25, 244
15,318
1,297
33, 069
2,000
5 048
24, 992
1 029
4,290
24 617
15, 147
947
31, 750
1,063
4,624
25, 136
32 951
1,827
4 712
25 458
34, 035
2,105
5,225
25, 734
34, 149
1,793
5,274
26, 132
954
971
4,387
25 034
14, 904
1,548
4 354
24 010
14' 162
1,328
4,490
23 811
13, 476
1,678
4, 550
23,882
13, 181
1,955
35, 773
2,603
5,716
26, 394
1,060
4,864
23, 159
12,831
520
37, 307
3,272
6,380
26, 536
1,119
4,975
23, 481
12, 965
1,609
737
3,920
717
3,961
695
4,021
673
4,044
679
4,062
663
4,079
630
4 082
638
4 083
617
4 078
628
4,092
661
4,143
665
4,185
333
657
4,118
263
3 863
3,904
3,981
4,046
4,102
1.50
4.08
2.04
1.50
4.08
2.04
239
315
3 813
3,870
1.56
4.04
1.98
2 32
2 60
3.01
1.50
4.04
1.98
1.13
1.44
1.63
1.63
295
218
241
258
308
266
3,918
3,893
3,930
1.50
4.04
2.00
1.50
4.04
2.00
2 34
2 68
3.02
1.50
4.04
2.00
1.19
1.56
1.63
1.63
1.19
1.56
1.63
1.63
1.19
1.56
1.63
1.63
1.053
1.65
1.090
1.69
1.120
1.71
10, 112
3,356
10, 141
3,348
Total consumer credit, end of month. _ _ mil. of doL_
Instalment credit, totaldo
Sale credit, total
do. _
Automobile dealers _ _
do. _
Department stores and mail-order houses
mil. of doL _
Furniture stores
do
Household-appliance stores
do _ _
Jewelry stores .
do _.
All other retail stores
do _ _
14, 916
7,972
4,018
1,781
759
652
356
118
352
377
119
368
379
117
370
377
127
376
387
152
404
366
141
379
353
130
364
Cash loans, total
___ do _
Commercial banks
do
Credit unions
_
do
Industrial banks
do
Industrial-loan companies
do- -Insured repair and modernization loans
mil. of dol. _
Small -loan companies
-- _- do
Miscellaneous lenders
do
3,954
1 701
3,997
1 712
3,994
1 700
4,012
1,701
4,072
1,709
4,054
1,705
4,033
1 695
3,887
927
790
950
292
264
273
3 837
3 851
1.50
4.08
2.02
1.50
4.08
2.02
2 42
2 68
3 12
1.50
4.08
2.02
1 50
4 08
2.04
1.50
4.08
2.04
2.35
2 86
3.17
1.50
4.08
2.04
1.19
1.56
1.63
1.63
1.19
1.56
1.63
1.63
1.19
1.56
1.63
1 63
1.19
1.56
1.63
1.63
1.19
1 56
1.63
1 63
1.19
1.56
1.63
1.63
1.19
1.56
1.63
1.63
1.06
1.56
1.63
1.63
1.06
1.44
1.63
1.63
1.144
1.69
1.154
1.64
1.160
1.59
1.163
1.57
1 162
1.54
1 155
1.53
1.156
1.49
1.158
1.42
.990
1.26
1.027
1.26
10, 149
3,342
10, 194
3,336
10, 326
3,330
10, 402
3,334
10, 446
3,333
10, 518
3,327
10, 550
3,314
10, 600
3,294
10, 753
3, 266
10, 786
p 3, 250
15,231
8,190
4,193
1,858
15, 518
8,233
4,239
1,889
15, 739
8,322
4,310
1,922
16, 319
8,600
4,528
1,961
* 15, 748
' 8, 424
r
4, 370
1,965
«• 15, 325
8,339
4,306
1,996
r 15, 335
' 15, 595
r
8, 429 * rr 8, 630
r
4, 364
4,917
2,105
2,241
r 15, 843
r 8, 888
p 16, 187
v 9, 321
P 5, 009
p 2, 610
p 16, 452
p 9, 613
p 5, 229
p 2, 767
786
685
797
687
812
696
874
750
••815
704
778
685
P766
p 730
P 404
P 121
P378
P781
p754
p417
P122
P388
10, 718
3, 277
r
r
CONSUMER CREDIT
Charge accounts
_
Single-payment loans
Service credit
_
do
do
do
Consumer instalment loans made during the month,
by principal lending institutions:
Commercial banks
mil of dol
Credit unions
_
do
Industrial banks
_ _ do
Industrial-loan companies
do
Small -loan companies
. do_-
291
203
154
717
763
125
3,130
2,847
967
270
52
32
27
126
300
206
155
727
771
126
3,227
2,855
959
254
51
31
26
122
302
204
155
735
772
126
3, 457
2,869
959
222
44
29
24
116
304
204
156
740
780
127
3,557
2,892
968
312
204
160
739
817
131
3,854
2,902
963
309
202
159
963
237
46
31
251
57
37
236
42
31
26
134
31
180
26
112
2,941
2,540
4,062
4,014
3,675
3,579
38
30
3,042
2,762
315
203
161
r
3, 169
2,865
952
215
44
28
25
109
3, 121
2 816
'771
704
'773
718
359
4,170
1 788
333
213
165
382
124
373
r 4, 253
1r 836
346
219
167
722
818
131
131
T
2,386
4, 113
1 749
727
815
130
r
351
123
323
207
163
729
807
130
760
683
367
123
367
r
4,065
1 720
734
806
130
3,457
2,904
348
124
356
308
201
159
737
812
r
••756
675
16, 122
r 9, 122
r
4, 869
2,499
r 4, 718
T
p 4, 384
p 1, 897
P368
p 229
p 171
'726
827
p729
P843
P 133
p734
p851
p 134
3 274
2 752
p 3 123
v 2 768
P 965
p 3, 064
p 798
P 977
303
p 282
P 59
v 295
P 67
132
r
p 4, 322
v \ 866
P357
p 225
P 169
969
3 232
2 764
r geg
287
58
36
278
58
33
30
142
29
146
28
135
38
P35
P37
28
140
P28
P 155
P29
P 153
6,133
5 435
2,306
1 340
2,751
1 945
4 928
4 767
2 061
1 946
2 917
2 479
1 209
1 568
3, 235
2 739
981
288
r
60
35
974
r
68
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts, total
mil.
Receipts, net
Customs
_ Income and profits taxes
Employment taxes
Miscellaneous internal revenue
All other receipts
Expenditures, total -- _ _ _ _
Interest on public debt _
Veterans Administration
National defense and related activities
All other expenditures
ofdoL
do
do. _
do__do
do do
do do
do
do
do
2,948
2,505
34
1,568
410
742
194
2,143
114
539
4,597
4,543
35
3,632
130
676
124
2,869
570
487
715
1,097
2,199
2,101
36
1,180
65
768
150
2,684
212
490
33
1,583
384
768
173
2,815
122
618
134
702
146
3,603
1,112
555
54
638
192
2,968
319
528
3,935
3 381
29
2,690
438
654
130
2,646
141
547
34
5,100
168
720
111
3,621
589
640
29
1,308
81
644
244
2 748
178
548
28
1,544
410
656
114
2 822
125
614
28
3 819
137
704
240
4 579
1 570
525
957
1,017
1,043
930
1,109
1,043
950
1,159
1,118
920
1,078
1,027
1,283
979
1,325
2,208
r "RoT7icorl
v "Proli-mirmrv
fTTnr Vinnrl viplrls SP P r> R-1Q
*
tRevised series. Bank rates to customers have been revised to reflect a change in the reporting form; for the series shown here no revisions were made prior to June 1948.
800
690
931
1,052
25
65
653
110
32
404
749
165
3 434
3 585
987
1,631
1,134
1,804
322
494
125
522
SURVEY OF CURRENT BUSINESS
October 1949
S-17
1948
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August
Se
berm"
1949
October
November
December
January
F
|^yU"
March
April
May
June
251, 530
249, 509
217, 676
31, 833
2,021
251, 889
249, 890
217, 975
31,914
2,000
252, 770
250, 762
217, 986
32, 776
2,009
July
August
FINANCE— Continued
FEDERAL GOVERNMENT FINANCE— Con.
Debt, gross:
Public debt (direct), end of month, total
mil. of dol__
Interest-bearing, total
do
Public issues.
_
do
Special issues
_
__do
Noninterest bearing
do
Obligations guaranteed by U. S. Government,
end of month__
mil. of dol__
U. S. savings bonds:
Amount outstanding, end of month. _ _ do
Sales, series E, F, and G
do
Redemptions
do
253, 049
250, 875
219, 987
30, 887
2,175
252, 687
250, 518
219, 297
31, 221
2,170
252, 460
250, 300
219, 077
31, 223
2,161
252, 506
250, 391
218, 992
31, 400
2, 115
252, 800
250, 579
218, 865
31, 714
2,220
252, 620
250, 435
218, 675
31, 760
2,186
252, 721
250, 603
218, 799
31, 804
2,118
251, 642
249, 573
217, 647
31, 926
2,068
255, 852
253 921
220 563
33, 358
1 931
51
50
52
57
55
36
26
24
23
23
27
26
27
54, 756
474
442
54, 826
412
407
54, 908
415
393
54, 989
419
406
55, 197
540
432
55, 467
647
476
55, 763
599
369
55, 982
590
440
56, 103
454
398
56, 195
56, 333
56, 522
56, 602
Government corporations and credit agencies:
Assets, except interagency, total
mil. of dol
Loans receivable, total (less reserves)
do
To aid agriculture
do
To aid home owners
do
To aid railroads
do
To aid other industries
do
To aid banks
do
To aid other financial institutions
do
Foreign loans
do
All other
do
Commodities, supplies, and materials
do
U S Government securities
do
Other securities
do
Land, structures, and equipment
do
All other assets
do
20, 687
10 573
2, 660
697
146
275
5
491
6,079
592
328
1,811
3,525
2,423
2,025
21,718
11 692
3,632
768
140
310
5
520
6 102
584
627
1,854
3,518
3,060
967
22, 324
12 228
4,209
851
141
337
5
367
6 098
589
674
2,077
3,515
3,048
782
Liabilities except interagency total
Bonds, notes, and debentures:
Guaranteed by the United States
Other
Other liabilities
do
2,303
2,666
2,834
do
do
do
52
1,011
1 239
38
964
1, 663
23
884
1,927
Privately owned interests
U S Government interests
do
do
159
18, 225
166
18, 886
170
19, 320
Reconstruction Finance Corporation, loans and
securities (at cost) outstanding, end of month,
total
.
_ mil. of dol
Industrial and commercial enterprises, including
national defense
mil of dol
Financial institutions. _ _
__ _
do __
Railroads, including securities from PWA^-do
States, territories, and political subdi visions _ do
United Kingdom and Republic of the Philippines
mil. of dol. _
Mortgages purchased.
___
_ _
do_._
Other loans
do
253, 877
251, 880
218, 831
33, 049
1,996
433
415
485
451
511
425
449
439
1
1,169
1,189
1,213
1,249
1,282
1,323
1,362
1,411
1,465
1,419
* 1, 458
1 1, 522
294
135
145
134
301
133
143
134
305
133
141
134
310
132
141
134
321
129
138
134
330
127
138
137
340
126
138
135
349
125
139
138
362
124
138
138
380
123
384
123
399
122
138
30
U17
30
1117
30
1117
30
213
214
36
209
233
36
207
259
36
204
292
36
194
331
37
192
363
37
191
395
37
185
438
37
182
483
37
179
531
174
592
173
643
37
37
37
176
703
54, 041
49, 040
54, 358
49, 165
54, 628
49, 541
54, 892
49, 778
55, 383
50, 265
55, 746
50, 465
55, 984
50, 735
56, 309
50, 995
56, 589
51, 323
56, 872
51, 498
57, 233
51, 921
57, 503
52, 251
57, 768
52, 390
r 48, 308
34, 515
*r 18, 320
16, 349
r
7, 316
'r 2, 719
6, 161
690
8,276
811
7,465
1,752
878
1,008
48, 566
35, 664
18, 071
16, 087
7,767
2,817
7,008
822
8,404
816
7,588
1,762
895
1,020
48, 806
35, 854
17, 671
15, 672
7,946
2,821
7,415
705
8,555
823
7,732
1,769
903
1,021
49, 030
35, 899
17, 453
15, 444
8,070
2,835
7,541
718
8,702
829
7,873
1,779
910
1,021
49, 483
36, 125
17, 235
15, 204
8,289
2,863
7,737
731
8,893
837
8,057
1,788
932
1,013
49, 778
36, 191
17, 189
15, 151
8,322
2,861
7,818
802
9,009
842
8,167
1,800
947
1,029
49, 999
36, 319
17, 134
15, 097
8,388
2, 856
7,942
711
9,128
855
8,273
1,809
971
1,061
50, 278
36, 404
17, 005
14, 957
8,467
2,857
8,076
727
9,275
867
8,409
1,822
980
1,070
50, 519
36, 537
16, 792
14, 748
8,585
2.855
8,304
694
9,404
50, 763
36, 548
16, 575
14, 529
8,678
2,853
8,442
51, 073
36, 779
16, 361
14, 324
8.968
2,865
8,585
51, 292
36, 921
16, 133
14, 093
9,082
2,861
8,087
51, 520
35. 598
16, 001
13, 962
8,758
2,756
8,083
1,740
259
356
1,125
71
259
252
111
131
46
97
36
122
1,625
195
352
1,078
67
244
237
108
125
47
90
37
121
1,720
192
378
1,150
75
273
249
110
132
52
89
38
131
1,808
262
370
1,176
78
282
259
109
132
50
93
39
133
2,303
664
321
1,318
85
298
289
133
147
54
107
47
158
1,821
335
357
1,129
86
292
254
103
118
42
87
33
113
1,711
193
375
1,143
78
298
250
99
123
46
97
34
118
247, 279
112, 462
30, 378
7,581
13, 149
39, 898
43, 811
258, 304
122, 692
31, 182
7,122
17, 581
41, 976
37, 751
248, 330
110, 837
35, 290
7,632
18, 926
38, 300
37, 345
257, 971
118, 358
37, 644
8,212
18, 937
36, 687
38, 133
333, 180
131, 229
42, 975
8,812
18, 641
80, 727
50, 796
296, 940
123. 024
46, 076
8,580
24, 207
54, 399
40, 654
269, 380
117,839
38, 101
7,825
17, 630
46, 239
41, 746
1, 603
416
123
38
LIFE INSURANCE
Assets, admitted:
All companies (Institute of Life Insurance) , estimated total
mil. of dol__
Securities and mortgages
do
49 companies (Life Insurance Association of
America), total
mil. of dol
Bonds and stocks, book value, total
do
Govt. (domestic and foreign) total
do
U. S. Government..
do
Public utility
do
Railroad
_
_
_
do
Other
do
Cash
_
do
Mortgage loans, total..
_
do
Farm
_ _ _ _.
do..
Other
_
.
_ _ do
Policy loans and premium notes
do
Real-estate holdings .
_do__
Other admitted assets
do
Life Insurance Agency Management Association:
Insurance written (new paid-for-insurance) :
Value, total
__
_ mil. of dol
Group
do
Industrial
do
Ordinary, total
do
New England
do
Middle Atlantic .
do
East North Central
do
West North Central
do
South Atlantic
do
East South Central
do__
West South Central
do
Mountain
do
Pacific
do
Institute of Life Insurance:
Payments to policyholders and beneficiaries,
total
thous. of dol__
Death claim payments
do
Matured endowments
_ __
do.
Disability payments
do
Annuity payments
do
Policy dividends.
_
do
Surrender values
do
l
r Revised.
Excludes securities from PWA.
r
648
9,804
925
8,879
1,870
1,042
1,008
8,522
1,833
995
1,057
730
9,532
899
8,633
1,845
1,007
1,100
675
9,687
912
8,775
1,859
1,028
1,044
2,224
454
433
1,337
89
335
290
124
147
55
111
41
145
1,852
1,861
1,890
1,657
1,778
1,256
1,245
1,252
1,122
83
294
258
118
141
53
108
43
147
81
289
263
127
135
52
114
45
145
73
263
235
113
124
46
99
40
130
1,147
326, 028
143, 484
44, 426
8,142
20, 500
58, 889
50, 587
285, 303
124, 889
37, 960
8,013
19, 256
46, 348
48,837
274, 398
119,043
37, 318
7,385
19, 998
42, 061
48, 593
304, 428
124, 888
42, 636
8,347
20, 868
56, 118
51, 571
267, 451
115,810
34, 227
7,475
19,970
42, 990
46, 979
882
182
414
84
302
267
122
141
52
106
41
141
185
431
242
396
179
356
702
9,946
935
9, Oil
1,884
1,045
1,060
250
381
69
249
243
116
132
50
108
42
138
286, 065
130, 188
35, 505
7,912
18, 739
43, 828
49, 893
SUEVEY OF CUEEENT BUSINESS
S-18
October 1949
1948
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August
September
October
1949
November
December
February
January
March
April
May
June
July
499 843
32, 955
63 102
34, 690
75, 606
293, 490
435, 090
32, 927
50, 965
37, 535
66, 277
247, 386
August
FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Association of America:
Premium collections total
thous of dol
Accident and health
do
Annuities
do
Group
do
Industrial
do
Ordinary
do
' 399 604 r 441 581 '393 127 f
r
622 752
37, 742
114 939
44 759
98, 231
327 081
' 449 865 r
27, 817
76 348
39, 000
Y2,171
234, 529
452 169
29 185
54 430
37 036
67, 507
264 Oil
T
r
406 923
26, 391
47 377
32 182
58, 935
242 038
'437 739
31 655
46 497
34 905
68, 541
256 141
25, 249
42 812
28, 400
69, 298
233, 845
28, 886
52 017
33, 487
71, 300
255, 891
25, 792
42 453
28, 251
62, 415
234, 216
433 212
26, 456
58 814
29 905
68, 239
249, 798
23, 725
59, 475
47, 353
86, 431
62,176
38 173
10, 689
7,446
23, 872
98, 137
25, 993
79, 283
61 , 550
37 817
10, 322
7,173
24, 004
970
8,337
129, 908
61,103
37 855
10, 742
6,325
24, 166
99, 659
21,097
75, 321
60, 482
37 758
10 897
5,091
24, 244
-45, 945
24 123
132, 420
60, 208
37 682
11 444
4,832
24, 271
-2, 690
6,399
52, 333
58, 335
37 456
r
10 843
3,864
13
4,781
.738
52
5,758
.753
61
6,910
.772
123
4,973
581
.736
1,419
4,908
.700
1 518
3,9CO
2,327
1,230
3,800
3,466
1,381
4.500
2,957
1,118
3,400
3,414
1 090
3 600
2,281
28 055
28, 118
28, 176
28 331
28 224
27 580
27 557
27 439
27 417
27 507
169 100
25, 600
169 600
25, 700
170, 500
25, 700
170 300
25 900
170 570
26 079
P 170 200
p 25 200
p 169 300
P 25 100
v 167 500
p 25 100
p!67 600
•P 24 900
p 167 700
p 25 000
143, 500
83, 800
57, 300
144, 000
83, 900
57, 300
144, 700
85, 100
57, 300
144 400
85, 200
57, 000
145 491
85, 520
57, 520
P 145 000
p 85, 400
v 57, GOO
P 144 200
p 83, 400
P 57 800
P 142 500
p 81, 100
P 58, 000
p 142 600
P 82, 400
v 58 100
23.9
18.5
27.5
19 4
27.9
19.3
27.8
20.8
32.1
21 0
29.3
19 3
27.1
18 6
27.2
19 2
27. 6
18 6
527 368
34, 267
67 864
40 824
78, 615
305 798
r
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U. S
mil of dol
Net release from earmark*
thous. of dol__
Gold exports
do
Gold imports _
do _
Production, reported monthly, total J
do
Africa
do
Canada
do
United States^
do
Silver:
Exports
do
Imports _ _ _
_ do_
Price at New York
dol. perfineo z _ _
Production:
Canada
thous of fine oz
Mexico
do
United States
do___
Money supply:
Currency in circulation
mil. of dol
Deposits adjusted, all banks, and currency outside banks, total©
mil of dol
Currency outside banks
do
Deposits, adjusted, total, including U. S. depositsO
mil. of dol
Demand deposits, adjusted, excl. U. S__do
Time deposits, incl. postal savings
do_
Turn-over of demand deposits, except interbank and
U.S. Government, annual rate:
New York City
ratio of debits to deposits
Other leading cities
- __
do _ _
24, 520 p 24, 607
-19, 936 -208, 540
11, 563
6.890
137, 986
268, 936
24, 290
-22,201
4 499
25, 978
56 397
35 529
10 766
3 869
24, 314
-16,725
5 108
24, 879
62 166
39 275
11 994
5,544
24, 332
-17, 741
12 019
25,615
60 693
37 941
r U 442
5 674
24, 342
37, 775
1 612
11, 142
24, 466
121, 632
5,483
12, 389
38 902
ll' 635
5 623
12 044
5,529
5,728
6,505
261
3,278
.708
4 783
2 825
.715
514
2,116
.700
214
6,444
12, 190
.715
1,818
10, 237
.715
11, 910
6,824
.715
2,090
6,056
.719
'976
4,400
2,761
969
4 100
2 821
'1 298
4 800
2,743
r i 499
4 400
3 614
2 198
4 300
2,724
1 735
3,500
' 2, 349
.715
r 1 246
4 000
3,341
2,909
27 493
27 394
p 27 389
v 167 800
P 25 000
p 168 300
p 24 900
J> 169 900
P 25, 100
p 142 700
p 82, 600
p 58 200
P 142 8°0
p 82, 200
p 58, 400
p 143 300
9 83, 300
P 58, 500
P 144, 800
P 83, 400
P 58, 300
28.3
18 5
29.8
18. 7
28.7
18.5
25.5
17.1
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Federal Reserve):*
Profits after taxes, total (200 cos.) ___mil. of dol__
Durable goods, total (106 cos )
-do
Primary metals and products (39 cos.)._do___
Machinery (27 cos )
_ _
do.-_
Automobiles and equipment (15 cos.) _do__
Nondurable goods, total (94 cos )
_do__ .
Food and kindred products (28 cos.) do
Chemicals and allied products (26 cos.) do
Petroleum refining (14 cos.)
-do_ _ _
Dividends, total (200 cos )
_ - do
Durable goods (106 cos )
. . _. do_
Nondurable goods (94 cos )
do_
Electric utilities, profits after taxes (Fed. Res.)
mil of dol
Railways and telephone cos. (see p. S-23).
832
470
185
71
175
362
60
104
132
307
166
141
958
564
240
105
176
394
71
119
141
499
274
225
143
176
146
p75l
P491
p 163
p 71
J>229
P 260
p 54
p 88
p92
P 355
P188
P 107
206
p 180
'823
498
220
72
180
'325
' 52
105
' 119
343
'196
SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding)
-.mil. of dol__
New capital, total
do _ _
Domestic, total
do Corporate
do
Federal agencies
_ __
_ do _ _
Municipal, State, etc
- do _ _
Foreign
do
Refunding, total
.
do _ _
Domestic, total
. _ _ _ • _ -do _
Corporate
do
Federal agencies
- __ _
-do
Municipal, State, etc
-- do__
r
r
856
682
532
259
35
237
150
175
175
2
123
50
666
576
574
456
0
118
2
89
89
26
62
1
983
902
651
378
0
273
251
81
81
19
56
6
666
593
831
753
583
433
0
150
10
73
73
16
56
2
753
627
0
126
o
78
78
3
72
3
690
633
500
436
695
600
949
904
618
419
7
192
15
57
57
1
55
1
436
231
14
191
584
383
26
174
16
96
96
39
55
1
904
681
33
190
681
295
51
335
45
45
1
44
1
76
76
31
38
7
o
64
64
7
53
4
o
757
681
o
1,644
1 550
1 535
1 196
24
315
15
94
94
31
62
1
765
685
441
432
9
291
117
244
79
78
22
56
174
18
308
204
8
195
1
o
o
617
09
o
Securities and Exchange Commission: J
r
r
T
r
r
Estimated gross proceeds, total
do
1, 216
1, 734
1, 895
1 992
1, 426
1,408
1 395
1 280
1 606
1 489
2 327
2 672
2 079
By type of security:
r
T
r
r
Bonds and notes, total
do
' 1, 141
1, 661
1, 374
1, 808
1,910
1 336
1
314
1
423
1
266
2
541
2
268
1
347
2
012
r
T
Corporate..
do
'411
'178
'704
455
273
700
308
330
' 515
415
246
1 126
105
g
34
Common stock
do
35
61
31
68
65
41
133
60
74
46
46
r
r 14
5
8
Preferred stock
_ do _
40
52
21
12
40
50
82
14
57
21
By type of issuer:
r
r
Corporate, total
_
__
do___
'252
* 484
'791
507
345
783
321
411
698
388
1 257
475
173
47
IndustriaL.
do...
'131
'r 140
169
' 166
••410
129
'231
117
340
102
211
251
T
r 272
Public utility
do
80
253
231
'497
120
QQ
106
183
281
198
925
138
49
Railroad .
_ _ _ _ _ _
do_
30
42
'64
45
' 75
36
55
88
18
45
51
20
11
Real estate and
financial
do
'49
'9
20
32
"45
'36
23
59
39
76
34
6
963
Noncorporate, total _
__
do
1,104
1, 250
918
1,209
1 063
958
985
908
1 101
1 415
1 852
1 907
526
U. S. Government
do
825
763
1,128
1,080
870
763
792
717
759
1,099
1,606
1,608
245
287
State and municipal
_
do
279
193
122
152
129
195
175
190
342
316
Q
o
o
o
Foreign governments'.
__ __ do _
0
0
0
0
0
o
150
16
100
4
1
1
1
Nonprofit.
do
0
(i)
0)
C1)
2
0
n
0)
M
*• Revised. » Preliminary. 1 Less than $500,000.
•Or increase in earmarked gold (—). {Revisions for January-May 1948 for United States and total gold production are shown in the August 1949 SURVEY. Revisions for January-July
1948 for securities issued (SEC data) are available upon request.
0U. S. Government deposits at Federal Reserve banks are not included.
*New series on large manufacturing corporations (assets end-of-year 1948, $10,000,000 and over); annual data beginning 1939 and quarterly data beginning 1946 are available upon request.
SURVEY OF CTJKKENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-19
1949
1948
September
August
October
November *
December
January
February
May
April
March
July
June
August
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission!— Continued
New corporate security issues:
Estimated net proceeds, total
mil. of doL_
Proposed uses of proceeds:
New money, total _ _- _
do
Plant and equipment
do
Working capital
do
Retirement of debt and stock, total__do
Funded debt
do
Other debt
do
Preferred stock
_ __do_ __
Other purposes
do
Proposed uses by major grou^ 3:
Industrial, total
1
do
New money
do
Retirement of debt and stock
__do
Public utility, total
do
New money _ _ _
do _ _
Retirement of debt and stock
do _
Railroad, total
do
N e w money _ _ _ _ _ _ _ _
_ _ _ _ d o __
Retirement of debt and stock
do
Real estate and financial, total
_ do _
New money
_ _ _ _
do_
Retirement of debt and stock
do
State and municipal issues (Bond Buyer) :
Long-term.
thous. ofdol
Short-term
do
'246
'475
'782
'501
'771
336
318
403
688
380
1,244
468
168
'232
' 178
' 54
'13
'398
'278
' 121
'50
' 12
'734
'559
' 175
'45
' 23
'463
'314
'149
34
'677
'586
312
220
319
553
340
1,074
140
274
38
172
48
253
66
402
151
254
85
958
116
430
119
21
32
7
81
37
127
1
33
13
161
40
393
37
30
18
24
7
'34
4
'27
'22
12
1
8
17
0
4
'136
'117
' 13
'250
'212
'406
'383
36
41
41
0
'48
'28
'22
'64
'64
0
'45
'42
249
236
11
136
134
2
51
51
0
33
9
46
28
14
97
93
4
20
13
7
6
5
0
r 2
119, 039
100, 402
283, 325
43, 138
213, 808
81, 747
131, 720
84, 614
381
r 2
11
0
1
r 127
'118
rg
'78
'77
'1
30
29
1
' 11
8
2
318, 816
150, 303
'1
'91
o
9
0
r1
26
8
'80
'7
'70
3
'3
'4
r 14
7
2
16
25
0
66
44
0
3
126
0
7
15
5
7
116
4
9
'228
' 166
' 50
'489
'461
'27
45
45
0
'9
'5
162
139
9
118
118
0
36
36
0
20
19
128
39
23
104
102
2
54
50
4
32
29
114
85
26
179
125
54
87
87
0
23
21
336
215
118
276
270
7
17
17
0
58
51
100
92
7
192
171
21
49
49
0
39
28
207
113
91
916
856
54
45
45
0
76
60
r 21
'268
'246
'2
'164
'145
16
228
209
18
'73
'73
0
'36
'35
3
1
2
5
16
199, 063
126, 809
203, 674
120, 198
171, 704
133, 002
198, 762
110, 200
349, 557
61, 224
324, 825
120, 040
' 244, 173
' 67, 450
199
216
660
420
0)
16
(0
195, 711
196, 476
COMMODITY MARKETS
Volume of trading in grain futures:
Corn
Wheat
_
mil. of bu
_ do __
471
392
266
250
395
254
209
173
169
301
263
348
301
416
337
328
445
357
368
380
552
573
551
252
570
550
238
580
540
252
551
563
244
349
550
586
257
537
573
247
527
565
225
530
551
254
626
542
329
660
537
355
280
681
528
493
690
530
399
699
548
404
99.93
100. 47
66.85
99.87
100. 40
67.65
99.79
100. 30
68.19
99.85
100. 37
67.82
100. 18
100. 69
68.41
100. 47
100. 96
69.82
100. 45
100. 93
70.26
100. 58
101.04
71.35
100. 56
101.01
72.18
100. 49
100. 93
72. 20
100. 98
101.45
71.40
101.40
101.86
71.77
101. 82
102. 28
72.07
98.3
98.2
97.8
97.9
98.9
100.5
100.5
100.7
101.0
101.0
100.9
102.0
103.0
93.2
98.1
95.0
86.9
124.4
100. 73
92.9
97.5
94.6
86.8
124.0
100. 70
91.9
95.7
94.4
85.8
124.5
100.69
91.1
94.5
93.6
85.1
124.9
100. 79
90.9
94.7
93.6
84.5
127.8
100. 89
92.1
96.1
93.8
86.4
129.9
101.16
92.7
97.0
94.7
86.6
128.5
101. 51
91.9
97.1
95.5
83.1
128.8
101.67
91.7
98.0
95.6
81.6
129.0
101. 65
91.9
98.9
95.7
81.2
129.0
101. 62
91.7
98.7
96.3
80.0
127.5
101. 72
91.8
98.6
96.9
79.9
127.9
103. 29
92.6
98.2
97.7
81.9
129.1
103. 63
51, 238
67, 315
50, 449
67, 313
57, 711
78, 581
• 63, 049
88, 261
63, 470
89, 347
60, 686
80, 599
52, 009
70, 080
56, 225
80, 637
53, 189
76, 590
50, 767
67, 997
49, 004
67, 171
72, 615
87, 224
60, 737
78, 549
48, 470
63, 479
47, 699
63, 847
54, 179
74, 345
59, 386
83, 409
60, 152
84, 620
57, 073
75, 419
49, 038
66, 056
52, 359
75, 821
50, 459
72, 458
47, 431
63, 601
46, 165
63, 433
69, 941
84. 074
57, 108
73, 916
62, 902
72, 582
69, 725
63, 661
67, 820
66, 839
62, 284
64, 257
64,021
66, 223
SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances
Money borrowed
_
mil of dol
_ _ do
do
_ __do
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
total § _ ._
dollars. _
Domestic
._ _ ___ _
__do
Foreign
_ do
Standard and Poor's Corporation:
Industrial, utility, and railroad:
High grade (11 bonds) — _ dol. per $100 bond__
Medium grade:
Composite (12 bonds) __
,
__do
Industrial (4 bonds)
do
Public utility (4 bonds)
. do _ _
Railroad (4 bonds) . __ _ _ _ _ do. _.
Domestic municipal (15 bonds)
do
U. S. Treasury bonds, taxable
_
do _ _
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous. of dol
Face value
- do
New York Stock Exchange:
Market value
- do _ _
Face value__
_ -._
__do__ _
New York Stock Exchange, exclusive of stopped
sales, face value, total §
thous. of dol _
U. S. Government-. _
- _ _ _ do
Other than U. S. Government, total§ _ _ d o
Domestic
- do
Foreign
_
do __
Value, issues listed on N. Y. S. E.:
Market value, total, all issuesd"
mil. of dol__
Domestic
do
Foreign
do-_ _
Face value, total, all issuescf
_ _
do _ _
Domestic
do
Foreign
do_~ _
Yields:
Domestic corporate (Moody 's)
percent- _
By ratings:
Aaa do
Aa
__
__do
A
.
do
Baa
do_- _
By groups:
Industrial
do
Public utility
.
do _ _
Railroad
_
do
Domestic municipal:
Bond Buyer (20 cities)
do _ - _
Standard and Poor's Corp. (15 bonds) -do
U.S. Treasurv bonds, taxable . .. - _ _ _ do
74, 537
78, 063
41
258
137
21
65
202
13
3
5
30
31
55, 926
51, 100
4,606
62, 644
56, 870
5,679
72, 445
66, 631
5,713
74, 501
69, 115
5,287
78, 042
69, 941
8,018
69, 660
62, 188
7,301
63, 459
55, 150
8,043
67, 807
59, 523
8,155
66, 836
54, 953
11, 804
62, 279
54, 847
7,350
64, 227
58, 133
6,035
63, 990
58, 779
5,166
66, 171
59, 388
6,769
131,610
129, 957
1,412
131, 707
129 345
2,112
131, 128
129, 491
1,396
131, 294
128, 980
2,064
130, 945
129, 304
1,400
131, 226
128, 923
2,054
131, 234
129, 600
1,390
131, 426
129, 126
2,050
131, 306
129, 660
1,401
131, 068
128, 771
2,048
131, 897
130, 230
1,419
131, 276
128, 994
2,032
131, 863
130, 188
1,426
131, 272
128, 993
2,030
132, 065
130, 368
1,447
131, 304
129, 027
2,028
132, 098
130, 392
1, 455
131, 360
129, 094
2,016
132, 029
130, 326
1,452
131, 381
129, 120
2,011
131, 686
130, 000
1,432
130, 402
128, 146
2,006
132, 813
131,124
1,436
130, 975
128, 724
2,001
133, 643
131, 956
1,432
131, 254
129, 017
1,988
3.09
3.09
3.11
3.12
3.09
3.02
3.00
3.00
3.00
3.00
3.00
2.98
2.92
2.62
2.71
2.96
3.40
55, 967
36
52
2.84
2.94
3.13
3.44
2.84
2.93
3.13
3.45
2.84
2.94
3.15
3.50
2.84
2.92
3.18
3.53
2.79
2.88
3.16
3.53
2.71
2.81
3.08
3.46
2.71
2.80
3.05
3.45
2.70
2.79
3.05
3.47
2.70
2.79
3.05
3.45
2.71
2.78
3.04
3.45
2.71
2.78
3.04
3.47
2.67
2.75
3.03
3.46
2.89
3.07
3.31
2.88
3.07
3.32
2.90
3.07
3.35
2.89
3.09
3.37
2.85
3.06
3.36
2.80
2.99
3.26
2.79
2.99
3.24
2.78
2.97
3.27
2.78
2.96
3.27
2.78
2.95
3.26
2.78
2.93
3.29
2.75
2.89
3.29
2.70
2.86
3.21
2.39
2.45
2.45
2.43
2.46
2.45
2.41
2.45
2.45
2.31
2.42
2.44
2.20
2.26
2.44
2.17
2.15
2.42
2.21
2.23
2.39
2i 17
2.21
2.38
2.13
2.20
2.38
2.21
2.20
2.38
2.20
2.28
2.38
2.13
2.26
2.27
2.12
2.20
2.24
r Revised. 1 Less than $500,000.
JRevisions for January-July 1948 are available upon request.
.
._ ,
.
.
• , „ * . *
§Sales figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included also in computing average price of all listed
bonds.
c^Total includes bonds of the International Bank for Reconstruction and Development not shown separately.
SUEVEY OF CUEEENT BUSINESS
S-20
Unless otherwise -stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
August
September
October
Novem- Deeember
* ber
January
February
March
April
May
June
July
August
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks
Cash dividend payments publicly reported:
Total dividend payments _ __ _ mil. ofdol _
Finance
do
Manufacturing
_
_
do
Mining
do
Public utilities:
Communications
_do._ _
Heat, light, and power
do
Railroad
__
_do-_ _
Trade
do
Miscellaneous
do
Dividend rates, prices, yields, and earnings, 200
common stocks (Moody's) :
Dividends per share, annual rate (200 stocks)
dollars _ _
Industrial (125 stocks)
do _ Public utility (25 stocks) __ _
..do
Railroad (25 stocks)
_
do
Bank (15 stocks)
__
do. _
Insurance (10 stocks)
do
Price per share, end of month (200 stocks) ._ do. ._.
Industrial (125 stocks)
- - - -do _
Public utility (25 stocks)
do
Railroad (25 stocks)
do
Yield (200 stocks)
percent..
Industrial (125 stocks)
do_ __
Public utility (25 stocks)
do
Railroad (25 stocks)
do__
Bank (15 stocks)
_ _
do__ _
Insurance (10 stocks)
do
Earnings per share (at annual rate), quarterly:
Industrial (125 stocks)
dollars
Public utility (25 stocks)
_ __ _
do__
Railroad (25 stocks)
do
Dividend yields, preferred stocks, high-grade, 11
stocks (Standard and Poor's Corp.)- -.percent- _
Prices:
Average price of all listed shares (N. Y. S. E.)
Dec. 31, 1924=100..
Dow-Jones & Co., Inc. (65 stocks) dol. per share-Industrial (30 stocks) _ .
do
Public utility (15 stocks)
do
Railroad (20 stocks)
_ -do
Standard and Poor's Corporation:
Industrial, public utility, and railroad :§
Combined index (416 stocks) _ _ -1935-39 =100- _
Industrial, total (365 stocks) _ _
do .
Capital goods (121 stocks)
do.
Consumers' goods (182 stocks)
dp
Public utility ( 3 1 stocks) _ _ _ _ _ _ _db__
Railroad (20 stocks)
do
Banks, N. Y. C. (19 stocks)
do
Fire and marine insurance (18 stocks)
do
Sales (Securities and Exchange Commission) :
Total on all registered exchanges:
Market value
mil. of dol
Shares sold
thousands
On New York Stock Exchange:
Market value
mil of dol
Shares sold
thousands. _
Exclusive of odd lot and stopped sales
(N . Y . Times)
thousands _ _
Shares listed, New York Stock Exchange:
Market value, all listed shares
mil. of dol..
Number of shares listed
_
millions __
215.3
39 1
115 6
26
678.0
41 3
422 0
77 3
474.6
62 9
231.1
8 2
205.1
25 1
114.3
2 3
1, 318. 9
111 5
838 7
119 8
532.1
103 8
223.3
14 0
204.0
37 9
99.1
21
705.6
38 0
440 6
65 2
474.4
68 3
217.7
68
193.3
27 0
102.0
16
825.8
68 8
515.0
70 5
493.6
105.4
226.3
5.3
189.6
35.1
93.9
1.3
.3
16.0
39.9
23.3
40 1
18 1
52.9
50.3
16.1
41 9
11.2
.5
38.1
12.7
7 9
4.2
14.5
45.9
68.5
84 5
35.5
55.5
48.0
22.4
55 0
10.1
.4
36.8
9.7
15 8
2.2
14.1
40.8
37.5
50 2
19 2
57.5
52.1
19.7
41 8
10.5
.4
38.8
12.6
7 5
3.4
13.7
49.7
39.5
46 6
22.0
54.8
43.4
13.7
34.7
10.0
.4
40.9
5.9
9.1
3.0
2.77
2 82
3.26
2 04
2.33
1 86
2.80
2 84
3.25
2 19
2.33
1 86
2.90
2.97
3.28
2.24
2.33
1.87
3.02
3.12
3.29
2.32
2.33
1.87
3.04
3.14
3.30
2.40
2.34
1.99
3.07
3.17
3.30
2.42
2.35
1.99
3.07
3.17
3.31
2.42
2.35
1.99
3.08
3.18
3.31
2.46
2.35
1.99
3.09
3. 18
3.32
2.46
2.35
1.99
3.08
3.17
3.32
2.46
2.35
1 99
3.05
3.14
3.31
2.46
2.33
2 03
3.04
3.12
3.30
2.46
2.33
2.03
3.03
3.10
3.29
2.46
2.33
2.03
48.61
48.60
56.17
36.59
47.05
46.87
55.10
35 02
49.87
50.07
56.55
36.12
44.97
44.70
54.14
31.28
46.30
46.33
54.23
31.31
46. 40
46.36
54.62
31.14
44.79
44.52
54.34
28.86
46.22
46.21
54.64
29.60
45.37
45.28
54.31
28.52
43.77
43.46
53. 05
27.60
43.58
43.48
52.28
26 52
45. 76
46.01
53.48
27.43
46.64
46. 91
54.29
27.52
5.70
5.80
5 80
5.58
4.54
3.49
5.95
6.06
5 90
6.25
4.67
3 40
5.82
5 93
5.80
6.20
4.45
3.16
6.72
6.98
6.08
7.42
4.87
3.30
6.57
6.78
6 09
7.67
4.74
3.34
6.62
6.84
6.04
7.77
4.67
3.33
6.85
7.12
6.09
8.39
4.70
3.33
6.66
6.88
6.06
8.31
4.66
3.27
6.81
7.02
6.11
8.63
4.71
3.34
7.04
7.29
6.26
8.91
4.75
3.38
7.00
7.22
6 33
9.28
4.76
3.52
6.64
6.78
6.17
8.97
4.70
3.35
6.50
6.61
6. 06.
8.94
4.51
3. 26
33.9
6.2
75
10.1
7 25
3.84
9 02
7.65
3.95
6 29
6.60
' 3.84
1.72
P 6 00
*3. 73
» 3 37
*4. 20
14.20
4.28
4.21
4.15
4.09
4.04
4.07
4.07
4.04
3.98
3.97
3.90
77.7
67.99
181. 77
34.65
60.29
75.0
67.69
180. 33
34.74
60.23
78.8
69.00
185. 19
35.20
60.62
71.4
64.90
176. 60
33.34
55.00
73.0
64.24
176. 31
33.09
53.27
72.9
65.37
179. 75
34.43
53.16
69.9
63.15
174. 46
34.51
49.37
72.0
63.29
175. 88
35.08
48.19
70.5
63.47
175. 65
35.73
48.27
67.9
62.79
174. 03
35.73
45.90
67.0
59.25
165. 59
34 31
42.89
70.1
61.61
173.34
35.31
44.31
71.3
63.79
179. 24
36.54
46.14
127.1
133.5
121.6
128.3
97.3
119.7
95.0
122.8
125.7
131.7
121.1
127.2
97.3
120.4
96.1
125. 1
127.8
134.3
123.9
128.0
97.4
120.9
96.0
135.3
120. 4
126.4
116.3
122.1
94.2
108.8
92.9
131.0
119.4
125.5
115.9
120. 2
92.9
105.8
90.3
135.7
121.0
127.3
117.6
122.8
94.2
105.9
92.6
138.6
117.2
122.7
113.2
120.4
94.4
99.6
92.6
140.9
118.0
123.7
113.1
120.9
95.3
97.4
93.4
141.5
118.5
124.2
111.6
121.2
96.1
97.1
93.9
140.9
117.7
123.5
110.4
121.2
95.3
95.8
93 3
139.7
112.0
117.0
104.3
116.7
93.0
88.4
91.0
134.5
117.8
123.8
110.5
123.9
95.4
96.6
92.5
138. 1
129.8
128.0
114.5
127.4
98.5
94.2
95.5
144.9
740
30, 823
746
32, 322
891
40, 593
1,137
53, 415
1,077
49, 092
854
37, 069
720
31, 509
754
36, 915
853
40 684
765
37, 411
705
39 437
626
37, 950
807
39, 057
624
21, 758
626
22, 649
747
29, 081
970
39, 345
914
35, 534
716
26, 471
601
22, 153
626
26, 182
722
30, 293
639
26, 709
587
28, 776
526
29, 139
672
28, 977
15, 039
17, 564
20, 434
28, 319
27, 963
18, 825
17, 180
21, 136
19, 314
18, 179
17, 767
18, 752
21,785
70, 862
1,998
68, 614
2,004
72, 186
2,008
65, 466
2,011
67, 048
2,018
67, 478
2,030
65, 325
2,045
67, 518
2, 051
66, 238
2,060
64, 147
2,072
63, 921
2,140
67, 279
2, 150
68, 668
2, 154
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)*
Goods and services:
Receipts total
mil of dol
For goods exported
do
Income on investments abroad
do
For other services rendered
do
Payments, total
_ _
do
For goods imported
do
For foreign investments in U. S
do
For other services received _ _
do
Unilateral transfers (net) total
Private
Government
do
do
do
Long-term capital movements (net) , total
do
Private
_
- do
Government
do
Gold and short-term capital movements (net) , total
mil. of dol
Gold and foreign short-term capital in U. S._do _
U S capital abroad
do
' 3, 946
r 3, 105
'315
••526
r 2, 741
r 1, 882
'84
'775
' — 1, 329
r
-139
' — 1, 190
r
4, 201
' 3, 306
'415
'480
' 2, 683
' 2, 028
'85
'570
' — 1, 149
'-174
' -975
4,266
3,453
263
550
2,608
1,963
81
564
4,353
3,482
301
570
2,441
1,742
56
643
— 1, 420
-147
-1, 273
— 1, 588
— 148
-1, 440
'+122
'-173
'-522
-519
-223
-296
-213
-106
-107
'-70
'-131
+61
'+184
'+139
'+45
+100
+70
+30
-271
-399
+128
r -227
r -349
'-695
r 4-421
'+142
Errors and omissions
do
+181
+160
r
Revised. *> Preliminary. 1 Data based on 14 stocks. §Number of stocks represents nuiriber curren tly used; the change in the num ber does not affect th e continuit y of the series,
JBalance-of-payments data for 1948 (published in the 1949 STATISTICAL SUPPLEMENT) have been reviseci. Revisions for the first 2 quart 3rs of 1948 are as followvs (mil. of dol.): Receipts— total,
4,413; 4,231; goods exported, 3,643; 3,391; investments abroad, 230; 303; other services, 540; 537; payi
nents—toteil, 2,523; 2,534; goods irnported, 1, 928; 1,859; foreign inve stments, 6 3; 59; other services—
532; 616; unilateral transfers— total, —962; —969; private, —176; —159; government, —786; —810 long-term capital movements— to tal, -774; —521; private, —194; -359; government, —580; —162;
gold and short-term capital movements—total, —555; —485; gold and foreign short-term capital in U. S., -54(); -523; U. S. capital abroad, — ] 5; +38; errors and om issions, +401; +278.
SURVEY OF CURRENT BUSINESS
October 19=49
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-21
1949
1948
August
September
October
November
December
January
February
March
April
May
June
July
August
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE*
Indexes
Exports of U. S. merchandise:
Quantit y
1923-25 — 100
Value
do
Unit value _
do _
Imports for consumption:
Quantity
__
_ _ do _ _
Value
do
Unit value
__
do
Agricultural products, quantity:
Exports, domestic, total:
Unadjusted
1924-29 - 100
Adjusted
do
Total, excluding cotton:
Unadjusted
do
Adjusted
_
__
doImports for consumption:
Unadjusted
do
Adjusted
-do
195
264
135
185
246
133
204
272
133
166
219
132
266
350
131
220
291
132
211
274
130
239
308
129
239
306
128
227
287
126
233
294
126
194
238
123
141
187
133
138
185
135
142
190
133
132
176
133
166
221
133
137
181
133
132
174
133
150
196
131
131
165
126
133
167
125
133
166
125
117
144
123
92
94
91
73
98
73
99
85
130
108
115
114
120
145
125
143
117
147
116
146
115
159
84
118
163
149
152
121
155
121
134
120
181
163
169
175
165
207
165
192
148
174
162
180
154
181
133
164
104
113
99
103
102
103
92
85
130
129
109
104
99
97
109
98
96
91
92
93
97
104
91
00
8,356
5,336
7,319
5,017
6,937
5,673
5,613
5,349
5,654
5,657
4, 975
5,315
4,700
4,978
' 5, 464
5,228
r
* 7, 251
5, 443
8,273
5,669
'992
925
1, 023
'823
1,317
' 1, 095
1,032
1,159
' 1, 149
1,078
Shipping Weight
Water-borne trade:
Exports including reexports thous of long tons
General imports
do
Value
Exports, including reexports, total
mil. of doLBy geographic regions:
Africa
_
_
thous. of dol
Asia and Oceania
do
Europe
do
Northern North America
do
Southern North America
do
South America
do
Total exports by leading countries:
Africa:
Egypt
do
Union of South Africa
_ __
do
Asia and Oceania:
Australia, including New Guinea
do
British Malaya
do
China
do
India and Pakistan
__doJapan
do
Netherlands Indies
do
Republic of the Philippines
do
Europe:
France
do
Germany
__
do
Italy
do
Union of Soviet Socialist Hepublics
do
United Kingdom
do
North and South America:
Canada
__
___
_ do ..
Latin- American Republics, total
do
Argentina
_ _ -do Brazil
do
Chile
-..
-_.
do _ _
Colombia
do
Cuba
__
do .
Mexico
do
Venezuela
do _ _
r
1,104
897
76, 896
211, 740
392, 020
186, 117
104, 722
132, 475
54, 679
194, 619
278, 629
151, 484
89, 163
128, 012
4,501
29, 078
3,772
23, 416
12, 599
2,938
7,245
36, 010
41, 471
9,711
31, 847
12, 936
2,965
6,982
22, 738
41, 089
8,434
36, 348
62, 063
59, 186
51, 872
89
78, 266
25, 423
64, 137
23, 370
422
50, 248
184, 974
194, 161
' 161, 043 r 146, 686 rp 154, 196 r 163, 370 r 187, 524
240, 943 ' 262, 220 252, 535 ' 213, 054 221, 021
' 340, 194 ' 281, 098
8,282
18, 170
' 9, 344
9,909
5,630
' 27, 155
' 9, 858
51, 307
44, 812 ' 42, 900 36, 023
' 28, 934 33, 938
' 56, 769
14, 230
21, 482 ' 13, 210 ' 11, 215 ' 10, 153
12, 346
14, 527
17, 745 ' 15, 153
19, 575
14, 084
' 19, 336 14, 697
18, 660
36, 676
34, 386
34, 177
29, 527
' 27, 240 29, 241
46, 791
' 44, 403 ' 42, 092 35, 838
' 51, 194 ' 42, 524 'r 43, 255 r 49, 034
51, 162
44, 998
49, 706
' 54, 372 ' 45, 624
44, 265
58, 440
150, 490
202, 647
13, 286
28, 690
12, 639
13, 335
25, 531
32, 693
43, 356
52, 996
46, 409 ' 78, 189
' 67, 001 r 59, 489 ' 60, 996
r
181, 710 154, 652 ' 179, 691 ' 133, 890 ' 273, 544 ' 222, 740
' 324 517 Tr 319 021 rr 327 997 rr 272 211 ' 437, 815 T 370, 695
165, 451 ' 148, 950
169 273 r168, 739 r 180, 073 175, 410
r
119, 660 ' 99, 449 ' 155, 831 ' 124, 683
98, 208
107, 961
125, 262
154, 141
95, 604 ' 205, 819 ' 174, 745
141, 802
6,282
45, 602
6,567
22, 338
9,823
18, 110
10, 393
7,748
5,711
5,703
7,069
4,899
4,088
1,598
' 9, 569 ' 13, 868 ' 43, 188
18, 968
7,737
' 35, 882
28, 812
17, 519
19, 373
31, 148
' 40, 786 ' r26, 387 ' 27, 926 ' 18, 266 30, 077
8,388
16, 754
' 5, 448
7, 364
3,839
T
14, 262
5,756
8,541
35, 939
' 35, 008
18, 197
' 44, 411
r 1, 534
45, 578
2,286
39, 344
3,465
42, 278
33, 370
' 26, 008 ' 38, 142
37, 504
81, 370
23, 824
1,177
53, 648
' 30, 760
57, 187
' 26, 260
89
54, 617
r
r
30, 264
65, 306
29, 753
525
51, 806
2,000
31, 885
' 31, 637
r
29, 907
' 61, 354
30, 097
43
46, 071
165, 647 ' 166, 267 175, 944 ' 174, 223
r 234, 276 r 208, 551 ' 256, 413 r 184, 735
14, 942
* 16, 677
18, 961
20, 249
35, 940
33, 115
41, 255
' 29, 148
8,076
13, 822
7,599
5,899
r
12,651
13, 477
12, 005
9, 769
30, 003
32,
772
28,
863
38,
397
r
' 38, 242 r 36, 744
42, 704 r 39, 106
47, 106
27, 923
36, 776
48, 558
' 1, 012
915
Exports of U. S. merchandise, total
mil. of doL'983
'816
By economic classes:
119, 003
124, 194
127, 852 r 146, 712
Crude materials
thous of dol
96, 545
Crude foodstuffs
__ _ _ _ do~
'r 138, 851 r107, 223 ' 127, 680
109, 371
97, 291
92, 560
'80 444
Manufactured foodstuffs and beverages do
Semimanufactures
do_ __ 'r 107, 343 r ' 91, 435 r 102, 711 r ' 84, 006
495, 103
561, 635
408, 337
508, 697
Finished manufactures
do
By principal commodities:
' 297, 088 ' 269, 724 r 292, 483 ' 275, 146
Agricultural products, total |
do
43, 752
21 002
30, 755
74, 777
Cotton unmanufactured
do
' 20, 255 ' 19, 563 ' 19, 981 ' 17, 070
Fruits, vegetables, and preparationsc? do_
188, 134
143, 296
149, 536
108, 440
Grains and preparations
do
' 9, 937 ' 8, 181
Packing house products cf
- --- -do._ - ' 10, 960 ' 10, 675
53, 132
'
55, 926 ' 52, 166
r
67, 362 T 83, 285
' 48, 211
36, 786
605
186
' 58, 406 53, 392
1,304
' 74, 422 ' 58, 187
51, 745
35, 763
r
209, 439
207, 030 r 226, 789 r 232, 319
'r 375, 199 r 412, 991 r 400, 358 ' 392, 520
188, 444
196, 930
156, 634 ' 166, 372
' 113, 956 r 125, 572 ' 113, 505 ' 102, 767
' 143, 754 ' 152, 613 ' 156, 021 ' 124, 972
4,874
14, 840
' 6, 651
5,406
' 31, 036 ' 27, 849
4,076
28, 766
13, 431 ' 15, 203 ' 10, 836
13, 924
4,293
3,592
3,561
3,047
22, 345
' 5, 076
8,727 ' 14, 948
35, 362
' 34, 492 ' 33, 268
26, 854
' 46, 190 ' 46, 820 36, 385
47, 819
12, 991 ' 12, 647
15, 072
10, 593
' 35, 454 34, 443
41, 335
37, 624
' 54, 927 61, 244
' 71, 366 ' 77, 161
' 55, 487 ' 53, 980
1,901
176
62, 246
' 59, 415
1,021
1,146
r
T
56, 792
72, 542
54, 188
3,077
61, 770
40, 984
81, 742
52, 919
384
76, 165
1,069
1,093
887
179, 646
111,521
86, 959
125, 928
589, 318
97, 997
97, 738
71 635
104, 687
514, 689
' 383, 597 322, 584 ' 335, 529 r 360, 887 ' 338, 106 r 342, 232 320, 145
68, 883 ' 85, 049 ' 98, 538 ' 100, 674
80, 653
90, 191
91, 623
' 15, 469 13,813
' 27, 060 18, 177 ' 17, 878 r ' 23, 433 r 17, 742
142, 622
139, 137
142, 595
147, 549
112, 091 ' 150, 613 118, 565
21, 715
13, 558
17, 626
' 24, 504 17, 812
' 18, 849 13, 447
234, 863
38, 729
10, 008
110, 907
14, 140
' 1, 083
' 1, 139
173, 385
' 183, 943 ' 141, 465 r 153, 735 ' 170, 551 ' 196, 117
'r 116, 619 r120, 422 ' 129, 888 r144, 196
97, 685 ' 138, 789
92, 876 r 82, 597
75, 465 r r 94, 115 r 85, 358
122, 709
' 128, 860 ' 127, 345 118, 487 r 138, 820
133, 138
127, 209
' 752, 131 ' 600, 653 ' 536, 705 r 616, 746 ' 618, 013 r 543, 789
881
873
r
298 773,
227
645, 521 r 719, 954 r 540, 899 ' 920, 666 ' 760, 178 ' 685, 885 ' 784, 891 r 800, 962 r 726,
686, 176
651,
883
Nonagricultural products, totalj
do
1
1
13, 941 'r 14, 711 'r 15, 022 r 1 7, 917
' 15, 889
11, 754
7, 449
11, 098
11, 052
11,410
7, 891
Aircraft, parts, and accessories
_ _ do- _ _ r 10, 621
r
i 59 508
64, 923
69 234
77, 386
73 307
61, 137
69 767 ' 69 227 r' 78 311 r 47 567 r 90 166 r 71, 036
Automobiles parts and accessories^ do
r
76, 380
' 73, 835
63, 316
64, 379
67, 131
58, 635
' 54, 349 64, 272 '51,311 ' 85, 121 ' 63, 653
58, 812
Chemicals and related products cf
do
5,358
' 7, 738
5,719
7,396
7,832
' 5, 258 ' 5, 625 10, 260
' 7, 708 T ' 4, 224 * 7, 272
Copper and manufactures cf
- do_ 4,243
r
69, 374
' 65, 931 58, 963
68, 268
78, 761
45, 714 r 51, 636
36, 075
76, 711 1 70, 440
45, 878
67,
795
Iron and steel-mill products
do
204, 319 i 222, 903 1 200, 448
' r165, 218 ' 162,
664 189,
948 ' 126,
638 ' 239, 944 ' 208, 093 ' 189, 940 ' 219, 455 * 229, 695
Machinery total
cT
do
T
f
T
10, 535
13,
043
10, 697
' 12, 461 14, 010
14,
785
10, 064
8, 155
5, 920
' 11, 119
7, 771
11,
344
Agri cultural c?1
do
22, 176
27, 262
26, 627
31, 867
31, 593 11 25, 831 11 26, 584 1 24, 392
18, 472
22, 270
24, 510
19, 980
Tractors parts and accessories*
do
r
34, 494
36, 663 1 33, 697
Electricalcf
do_ _ ' 36, 125 ' 33, 240 ' 40, 183 ' 27, 069 ' 55, 370 ' 40, 931 ' 36, 832 ' 42, 418 42, 799
14, 864
7,951
15, 566
15, 315
17, 109
11, 851
11, 795
19, 238
17, 048
17, 475
12, 576
19, 166
M^etal working
do
107, 216
' 79, 998 r 76, 784
' 95, 626 ' 59, 376 ' 112, 279 ' 107, 456 'r 90, 603 r 103, 527 r r112, 421 ' 94, 372
87, 587
Other industrial c?
-- do_
55, 443
49, 651
' 53, 235 54, 042
54, 252
47, 193
55, 913
50 815
43, 332
56, 770
60 916
39, 965
Petroleum and products
do
65, 012
70, 559
60, 443
' 61, 525 53, 795
57, 964
91, 397
53, 703
55, 013
68, 395
50, 477
Textiles and manufactures
do
45, 760
1
Revised. 1 Data are not comparable with earlier figures because of the exclusion of "special category" exports not shown separately in the interest of national security.
^Revisions for various periods in 1947 and 1948 have been made (since publication of the 1949 STATISTICAL SUPPLEMENT) in most of the foreign-trade items and there will be further changes
beginning 1946 as final data are completed by the Bureau of the Census', moreover, the revaluation of tin imports and the transfer of certain "relief and charity" food items from the nonagricultural exports group to the agricultural group have affected the pertinent series back to 1942. Revisions are available upon request.
d" Data beginning 1948 have been adjusted in accordance with the 1949 commodity classifications. Revised figures for January-July 1948 are available upon request.
*New series; included with agricultural machinery prior to 1948.
SUEVEY OF CURRENT BUSINESS
^22
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
August
September
October
November
December
February
January
March
June
July
August
526, 119
455, 499
490, 600
27, 595
106, 953
68. 887
130, 594
82, 152
109, 938
23, 472
94, 110
58, 329
107, 607
68, 398
103, 583
492
7, 286
76
7,193
189
9,339
13, 916
13 808
' 20, 889
5,545
10, 833
f 22, 856
11,812
9,901
5,888
22, 525
6,635
11,335
20, 441
2,726
10, 822
7,749
14, 140
5, 574
8,904
21, 874
3,794
4,395
3,789
4, 209
15, 229
3,672
2,881
6,145
4,609
14, 707
3,926
1,499
5,354
3,531
15, 099
May
April
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE §— Continued
Value— Continued
605, 506 r 560, 251 r 600, 642
General imports, total
thous. of dol
By geographic regions:
27, 744
38, 319
31, 827
Africa
do
p
Asia and Oceania
do
137, 456 p 97, 911 r 125, 558
p
93, 869
96, 358 r 105, 792
Europe
_
do
157, 277
136, 982
153, 664
Northern North America
do
r
66, 819
' 65, 209
Southern North America
do
82, 074
r
South America
do
116. 805 r 110, 059 r 122, 675
By leading countries:
Africa:
205
9,959
Egypt
do
10, 322
Union of South Africa _
do
10,055
13, 744
10, 901
Asia and Oceania:
8,914
Australia, including New Guinea
_ do
6,538
16, 932
t 24, 483
British Malaya
do
t 20, 441 r 17, 372
China
do
9,933
8,736 r 10, 905
India and Pakistan. _ __
do
20, 532
16, 733
23,567
Japan
do
4.083
7,130
5,518
r
6, 621
8,583
Netherlands Indies
_ _
_ _ _do
10, 890
13, 311
Republic of the Philippines
do
13, 950
23,538
Europe:
6,844
6,402
7,768
France
_.do
Germany
do
2,982
4,102
3,606
r
' 5, 854
7, 455 p 10, 260
Italy
_ _ _
do__ _
5,253
Union of Soviet Socialist Republics
do
8,420
9,788
United Kingdom
do_
23, 731
27, 051
21, 498
North and South America:
r 134, 002 r 153, 316 r 149, 290
Canada
- ,
do _
Latin-American Republics, total
do
185,196 r r164, 996 r 111, 181
15, 785 r 10, 060
Argentina
__
do__
10, 352
34, 899
37, 679
Brazil
do
47, 449
13, 595
12, 209
12,536
Chile
do
r
r
18, 755
18,762
19, 973
Colombia
do
42, 551
32, 787
' 29, 492
Cuba
_ _ _ _
do
1 17, 458
Mexico
do
16,617
17, 404
p
Venezuela
_ . _ _ _
do
20, 626
21, 498
21, 340
595, 845 r 590, 020 r 605, 029
Imports for consumption, total
do
By economic classes:
p
183, 407 ' 185, 197
167, 987
Crude materials
do
88, 718
93, 216
Crude foodstuffs
- _~do
106, 009
74,831 r 67, 070 r 72, 852
Manufactured foodstuffs and beverages do
Semimanufactures
_
__do
141. 514
138, 901
139, 879
105, 635
107, 374
Finished manufactures
do
118, 301
By principal commodities:
r
258, 127
Agricultural products, total
do
261,067 f 256, 412
44, 461
46, 645
r 55, 310
Coffee
_ __
_
do__
6,649
6,878
5,050
Hides and skins
do___
28, 365
22, 294
Rubber, crude, including guayule
do
27, 740
Silk, unmanufactured
do
906
1,034
1,745
42, 142
30, 934
Sugar
do
27, 448
Wool and mohair, unmanufactured
do
26, 948 p 22, 156
19, 893
337, 718 r328, 953 r 348, 617
Nonagricultural products, total
do
p
17, 272
16, 614
Furs and manufactures
do
12, 771
Nonferrous ores, metals, and manufactures,
total
thous. of dol
62, 272 r 57, 153 r 66, 956
15, 895
Copper, incl. ore and manufactures . do _
14, 271 r 16, 126
18, 186
13, 584
Tin, including ore
do
16, 375
27, 271
23, 612
Paper base stocks
do
22, 857
«• 37, 396
33, 172
34, 587
Newsprint
- _- do
33, 267 ' 35, 592 34, 430
Petroleum and products
do
554, 289
p
35, 177
r 178, 851
••113,201
148, 803
83, 476
r
160, 239
26, 418
' 124, 070
'
90, 022
r
127 065
r
78,
142
r
144, 377
206
11,029
350
10, 849
261
9,558
r
5,521
3,516
9,049
6,745
19, 460
165, 928
169, 294
6,908
48, 393
11, 876
22 840
15, 965
19, 970
25, 105
561, 418
13,171
34, 206
f 13, 736
' 26, 976
7,482
15,235
25, 081
r
r 590, 094
22, 540
96, 118
83, 264
170, 648
56, 140
125, 578
4,999
14, 309
9,315
.17,125
6,214
8,333
11, 546
r
r 719, 748
28, 767
r
124, 330
'
89, 340
r
119, 365
91,716
r
114, 568
9,387
17 159
11,839
26, 541
7,122
r 9, 992
14, 913
11, 772
13, 639
15, 757
'T25, 949
9, 206
7,260
r
15,078
' 7, 343 * 6, 477
3,491
4,648
"•11,831
7,903
6,592
1,613
r 29, 698 r 24, 835
5, 847
4,745
5, 788
3,257
' 20, 514
r
145, 955 ••122,013
r 228, 936 r 209 146
15,234
9,830
62, 327
47, 437
' 18, 327 r 15,084
28, 699
21 753
T
26, 630
25, 067
25, 232
' 24, 209
24, 946
24, 566
r
r
704, 061
578 801
47, 305
r
128, 052
p
90,
659
r
133, 061
108, 454
124, 415
r
p
r
p
r
11 5, 675
195, 265
11,133
33, 467
18, 552
16, 202
37, 404
24, 664
20, 820
556 165
r
232 428
60, 865
5,064
22, 758
1,091
13, 452
16, 456
328, 990
9,226
' 313, 886 r 252 257
' 85, 764 71, 555
6,331
5,646
37, 862
27, 672
1,543 r 2,517
21,003
19, 792
18, 531
21, 307
f 390, 175 r 326, 544
11, 932
6,764
r
' 74 597
r 23, 313
9,591
17, 869
35, 442
44, 004
p
r
66 568
26, 117
11,007
r
22, 322
34, 210
36, 820
21, 100
128, 427
r
66, 846
121, 788
p
85, 850
r
109, 962
367
12, 579
p
9,570
25, 185
8,012
25, 278
7,524
r
8, 758
16, 929
5,318
25 745
5,987
29, 582
6, 355
12,117
15, 259
p
5,282
4,871
4,468
1,318
14, 053
r
r
128, 297
221, 350
3,869
39, 270
19, 530
21, 923
47, 121
25, 963
20, 739
623 811
158,011 ' 164, 941
99, 428
131, 165
r
58, 020
72, 958
r
131, 844 r 137, 203
p
p
108, 863
117, 544
238, 193
57, 396
4,780
22, 580
3,129
32, 659
p
21,
820
T
317, 972
7,012
533, 973
r
5, 464
6,149
' 6, 420
4,293
22, 804
r
«• 201, 472 r 181,435
145, 154 r 109, 615
r
63, 862
50 363
p
165, 627 T 127, 807
p
' 127, 945 109, 580
r 88 028
22, 804
24, 706
22, 562
39, 081
43, 907
631, 947
r
150 651
116, 158
53 429
127, 895
113,285
r
r
342
7,341
r
59 112
15, 888
11,361
20, 974
39, 609
41, 454
568, 085
p
r
r
r
r 24, 904
r
127, 039
r 67. 366
r
129, 536
r
81, 602
p
110,081
r
r 6, 917
r
p
p
119, 716
184, 782
4,500
41,919
13, 528
16 198
36, 431
21 725
22, 628
526 828
p
r
127, 609
126, 537
181, 900
181, 562
7,541
6,790
36, 944
34, 161
14, 367
18, 750
18, 289
14 168
'r 37, 493 35, 069
19, 918
23 079
' 23, 114
21,022
r
532 979
531 000
105, 529
161 663
5,626
34 037
7,648
22 634
30, 451
13 296
23, 091
458 030
146 414
109, 906
61 004
109 648
99, 857
r
154 746
r
90, 247
r
69 032
r
113, 703
p
105, 251
150, 151
103, 887
68 161
109, 625
98, 575
126 462
92 481
65 207
84 194
89, 686
r
235 545
56, 038
6,173
19, 198
86
38, 276
15, 605
294 854
8,072
205
58
6
16
274, 828
226 946
73, 671
58 906
5,465
5,439
19 387
21, 660
34
1,006
44, 278
35 209
16,428 r 10, 813
' 348, 983 299 883
11, 457
9,127
87 286
29, 158
' 26, 683
17, 948
37, 404
35, 875
540, 529
231
6, 295
r
r
p
r
r
216 177
48, 995
'7,051
19, 933
42
39, 770
10,
549
r
316, 801
p
11, 936
p
36
11
• 252
9
512 700
917
626
157
649
23
525
671
813
270
74 096
21 689
28, 383
12 427
34, 200
38, 244
72 031
20, 550
17, 518
17 925
39,195
r 36, 855
66 398
17, 763
13, 495
17 619
37, 261
37, 473
39 449
11 007
11 685
14 253
35 942
35, 899
29 257
13, 082
8,177
2 915
1 342
621 449
TRANSPORTATION AND COMMUNICATIONS
TR AN SPORTATION
Airlines
Operations on scheduled airlines:
Milesflown,revenue
_
. thousands
Express and freight carried
short tons__
Express and freight ton-miles flown. .thousands. _
Mail ton-miles
flown
do
Passengers carried, revenue
do
Passengers-miles flown, revenue
do
29, 427
13, 310
7,935
2,890
1,206
552, 710
27, 689
15, 952
9,540
3,066
1,176
535, 578
27, 718
16, 575
10,028
3,321
1,159
522, 007
25, 361
14, 973
9,509
3,360
966
440, 971
26, 250
17, 636
11,085
5,098
978
473, 636
23, 141
12, 176
7,859
3,292
821
418, 212
23, 146
11,819
7,598
3,207
868
420, 147
26, 852
15, 871
10,763
3,633
1,092
519, 072
26 884
16, 489
10, 991
3 554
1,226
561, 312
28 257
14,764
8,921
3 320
1,311
591, 198
28 089
13, 951
8,938
3 233
1,389
659, 605
22, 712
24,d106
%4
23, 210
9
23, 373
12
28 585
61
23 105
28
22 027
20
20 235
42
19 992
44
21 810
19
20 877
1
19 d736
' £J
8.9440
1,339
125, 100
8. 9854
1,366
122, 100
9.0608
1,436
131, 300
9. 0998
1,389
130, 600
9. 1338
1,475
143, 700
9. 1727
1,396
128, 700
9. 1922
1,271
117, 300
9.2092
1,421
130, 000
9. 2287
1 358
130, 400
9. 2895
1 331
127, 700
9. 3114
1 268
122, 000
9 3869
1 169
116 400
9 4501
1 193
3,804
772
73
182
214
47
312
475
1.730
3,099
633
54
159
188
37
303
374
1.350
2,959
637
48
155
209
30
318
354
1. 309
3 406
*416
44
175
361
40
389
420
1 jKn
2 923
'459
38
163
216
41
277
364
1 atu
Express Operations
Operating revenues
Operating income
thous of dol
do
*n
Local Transit Lines
Fares, average cash rate
Passengers carried, revenue _
Operating re venues t
_
cents..
millions
thous. of dol
Class I Steam Railways
Freight carloadings (A. A. R.):J
3,562
3,502
2,951
4,574
3,295
Total cars
.. __
. thousands
3,428
2, 767
2,619
r
694
621
889
642
Coal
...do
747
756
607
361
r
58
75
60
59
63
60
78
Coke
do
56
212
Forest products
do
197
169
243
156
168
131
146
223
195
264
Grain and grain products
do
207
193
215
156
186
43
58
Livestock
._
do__
99
62
51
34
47
34
r
302
222
346
78
59
306
52
Ore
.
-do
59
T
411
420
557
Merchandise, 1. c. 1
do
369
434
421
369
383
p
1,578
Miscellaneous
...do
2,100
1.523
1.428
1.666
1.356
1.394
1. 551
p
Revised. d Deficit.
§See note marked "t" on p. 8-21.
JData for 1947 revised; see note marked "t" on p. S-22 of the September 1949 SURVEY.
tData for October 1948 and January, April, and July 1949 are for 5 weeks; other months, 4 weeks.
October 1949
SUEVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
September
S-23
1948
August
October
1949
November
December
January
February
March
April
May
July
June
August
TRANSPORTATION AND COMMUNICATIONS— Continued
TRAN SPORTATION— Continued
Class I Steam Railways—Continued
Freight carloadings (Federal Reserve indexes) :
Total unadjusted
1935-39=100
Coal
__
__
do .
Coke
do
Forest products
do
Grain and grain products
do
Livestock
do
Ore
_ __
__.do - Merchandise 1 c 1
do - _
Miscellaneous
__
_ _ _ _
_ _ .-.do
Total adjusted
do
Coal
-.
__
do
Coke
do
Forest products
__
do. _
Grain and grain products
do
Livestock
.
_do
Ore
do
Merchandise, 1 c. 1
_-do
Miscellaneous
do
Freight-car surplus and shortage, daily average:
Car surplus, total
number..
Box cars
__do-Coal cars
_
do
Car shortage, total
do
Boxcars
__.do
Coal cars
_do__ Financial operations (unadjusted) :
Operating revenues, total
thous. of dol_.
Freight
.
_- -- _.
- -do _ _ _
Passenger
do _ _
Operating expenses
_ __
do _ _
Tax accruals, joint facility and equipment rents
thous. of doLNet railway operating income
do-_
Net income!
- ...do
Financial operations, adjusted:
Operating revenues total
mil. of dol
Freight
do
Passenger
- _do
Railway expenses
do
Net railway operating income
do__ _
Net income
do
Operating results:
Freight carried 1 mile
mil of ton-miles
Revenue per ton-mile
cents
Passengers carried 1 mile, revenue
millions __
r
146
153
187
171
156
76
273
67
146
142
153
194
162
144
80
182
66
145
150
149
190
164
142
113
273
70
156
139
149
192
152
127
85
182
66
144
151
147
190
158
150
143
240
71
159
140
147
194
149
150
93
178
68
145
141
138
198
.141
152
114
196
68
149
137
138
198
144
155
90
178
66
144
128
131
201
123
138
82
62
60
139
137
131
192
139
147
85
201
62
148
120
130
198
116
125
76
44
57
129
131
130
189
129
125
79
175
60
141
117
124
198
107
111
60
46
58
128
126
124
187
112
113
75
185
61
136
111
79
175
117
128
61
68
61
131
120
79
174
117
139
77
236
60
138
125
129
184
119
121
68
228
60
130
127
129
188
119
138
76
215
59
132
125
130
171
128
132
66
267
59
127
124
130
173
123
150
73
215
59
126
119
98
147
127
159
54
282
57
126
115
98
150
122
156
'70
182
58
122
115
79
115
117
212
60
284
55
121
110
79
118
117
177
70
177
55
120
119
95
119
131
149
73
240
57
128
115
95
123
125
138
77
160
57
127
5,392
486
47
19, 095
5,210
12, 985
4,285
385
56
16, 992
6,262
9,891
1,792
74
253
20, 885
10, 804
8,908
4,473
161
653
11, 339
7,254
3,469
11, 573
1,902
4,781
1,561
791
670
31, 831
6,031
16, 221
657
212
429
60, 063
14, 930
34, 917
549
103
320
114, 926
17, 803
87, 579
510
165
198
78, 336
28, 672
39, 994
236
35
74
49, 195
34, 365
4,321
375
71
164
60, 075
35, 263
14, 783
395
184
36
86, 418
17, 839
59, 834
1,741
1,632
5
63, 822
11, 103
43, 570
2,451
2,254
113
868, 089
711, 360
92, 511
637, 362
844, 774
696, 795
83, 603
620, 993
878, 121
738, 588
75, 316
651, 909
825, 326
691, 177
74, 220
637, 472
806, 554
648, 028
90, 671
648, 742
730, 686
594, 747
81, 522
616, 269
675, 749
559, 186
67, 374
567, 778
739, 058
616, 074
67, 608
587, 933
747, 259
620, 293
68, 659
594, 270
741, 069
615, 923
67, 858
600, 852
735, 439
599, 507
77, 076
588, 177
700, 648
562, 811
82, 564
569, 818
742,877
606, 201
78, 606
587, 116
115, 018
85, 510
112, 932
110, 849
82, 657
115, 335
110, 877
84, 486
103, 788
84, 066
61, 760
93, 150
64, 662
49, 890
81, 173
33, 244
11, 884
78, 217
29, 754
4,635
85, 708
65, 417
41, 494
88, 226
64, 763
39, 989
82, 621
57, 595
32, 209
85, 998
61, 263
42, 476
80, 493
50, 337
26, 861
90, 034
65. 727
842.4
695.2
82.8
743.6
98.7
65.3
836.0
688.1
84.2
737.4
98.6
64.9
845.0
707.8
77.2
755.9
89.1
56.3
832.9
695.9
77.8
751.7
81.2
48.6
810.6
659. 4
89.2
738.6
72.1
40.0
767.8
627.2
85.1
703.4
64.4
34.2
739.7
609.0
74.7
688.5
51.3
20.4
721.6
596.0
68.4
662.6
59.0
26.4
741.9
610.4
71.0
689.1
52.8
21.3
736.9
611.7
68.6
676.2
60.6
29.2
748.3
614.5
74.4
677.0
71.3
r
37. 8
700.9
570.1
75.7
649.8
51.1
17.6
61, 253
1.231
3,961
58, 815
1.256
3,521
62, 900
1.248
3,101
56, 162
1.300
2,990
52, 541
1.312
3,538
49, 197
1.292
3,368
45, 359
1.314
2,740
46, 716
1.397
2,744
50, 199
1.321
2,770
51, 607
1.283
2,735
47, 964
1.332
3,111
44, 991
1.345
3,385
8,773
4,478
4,294
7,554
4,059
3,495
7,638
4,083
3,554
6,307
3,232
3,075
6,567
3,101
3,466
5,892
3,015
2,876
5,567
2,797
2,768
6,649
3,401
3,248
7,751
3,933
3,819
8,305
4,425
3,880
'r 8, 389
4, 579
r
3, 810
7,282
3,989
3,294
2,021
1,167
1,954
1,075
1,642
751
1,764
687
1,827
909
2,341
1,179
1,981
877
2,554
1,280
2,525
1,174
2,426
1,049
2,330
1,116
2,387
1,047
1,979
928
5.60
89
224
5.70
84
225
5.25
73
204
5.41
83
222
5.38
86
222
5.15
85
210
5.62
84
228
5.16
84
234
5.48
84
233
5.27
78
211
5.84
81
222
r 53, 854
' 44, 540 ' 44, 071 r 39, 348
33, 727
25, 323
36, 078
39, 815
1,569
1,938
1,318
2,300
' 15, 700 r 15, 321
' 20, 941 12, 612
16,744
12, 456
12, 669
11, 134
616
215
155
150
* 47, 540
47, 932
1,461
10, 965
21, 975
177
55, 907
54, 397
1,883
16, 662
34, 761
243
50, 397
53, 574
2,152
17, 074
32, 319
433
47, 743
53, 476
2,078
22, 038
34,602
810
51, 062
71,288
2,568
20, 809
32, 294
1,732
19, 688
3, 348
19, 847
3,126
r 115, 710
Waterway Traffic
Clearances, vessels in foreign trade:
Total U. S. ports
thous. net tons__
Foreign
do._
United States
_ _
__.do
Panama Canal:
Total
thous. of long tons
In United States vessels
_ do__
Travel
Hotels:
5.62
5.53
Average sale per occupied room
dollars
90
Rooms occupied
percent of total
88
240
Restaurant sales index, same month. __ 1929= 100. _
236
Foreign travel:
r 68, 081 r 64, 865
U S citizens, arrivals
number
32, 113
42, 549
U S citizens departures cf
do
2,061
Emigrants
do
2,238
Immigrants
_
do
' 11, 500 «• 12. 325
13, 892
16, 168
Passports issued
do
National parks, visitors
thousands _ _
1,371
2,800
Pullman Co.:
1,020
Revenue passenger-miles
_
millions
1,016
Passenger revenues
thous. of dol
9,240
9,128
1,008
9,183
922
8,396
933
8,417
1,187
10,814
943
8,600
941
8,663
868
7,883
796
7,370
887
8,135
r
841
7,731
COMMUNICATIONS
Telephone carriers :f
Operating revenues
thous of dol
Station revenues
do
Tolls message
do
Operating expenses, before taxes
do
Net operating income
do
Phones in service end of month
thousands
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous. of dol
Operating expenses, incl. depreciation
do
Net operating revenues
do
Ocean-cable:
Operating revenues
do
Operating expenses, incl. depreciation. do_
Net operating revenues
_
do
Radiotelegraph:
Operating revenues
- do
Operating expenses, incl. depreciation
do
Net operating revenues
- do_
232, 235
129, 496
86,571
182, 665
23, 268
32, 491
232, 767
131, 899
84,454
184, 302
22, 514
32, 712
236, 823
134, 445
85, 855
184, 566
25, 175
32, 972
237, 672
136, 254
84, 528
190, 563
23, 086
33, 205
246, 660
139, 080
90, 172
201, 623
20, 461
33, 462
242, 267
139, 855
85, 361
193, 151
21, 517
33, 686
232, 667
137, 065
78,603
184, 629
21,059
33, 894
247, 769
141, 270
88,969
198, 130
22, 164
34, 129
245, 937
141, 955
86, 591
193, 094
23, 958
34, 318
250, 363
143, 750
88, 844
197, 138
24, 266
34, 493
253, 432
146, 744
88, 828
196, 856
26, 458
34,635
15, 403
14,490
50
15,290
14, 313
164
14, 842
14, 187
463
14, 493
14,069
*293
15,959
17, 154
* 1,989
14,024
14, 124
d
942
13, 227
13, 171
4766
14, 955
14, 345
*166
14, 354
14, 167
<*612
14, 819
14, 228
^254
15,098
13,901
360
13, 582
13, 939
4 1, 123
1,980
1,724
39
2,076
1,724
157
2,057
1,734
132
1,942
1,709
40
2,362
1,837
315
1,939
1,611
123
1,931
1,584
137
2,090
1,662
232
1,944
1,696
55
2,078
1,675
180
2,019
1,822
1,826
1,764
d
1,797
1,819
<*92
1,838
1,780
416
1,849
1,791
429
1,848
1,850
463
2,121
2,020
47
1 1, 820
1 1, 783
i 436
11,844
1 1, 747
127
12,067
1 1, 856
U48
1 1, 896
1 1, 862
i 453
1 1, 979
1 1, 843
152
11,950
1 1, 845
116
41
w
1 1, 793
1 1, 809
1499
'Revised. * Deficit. ^Revised data for July 1948, $76,886,000.
i Beginning January 1949, data are compiled from reports of carriers having operating revenues of $250,000 or more; however, the one company exluded on the new basis accounted for only
0.3 percent of total revenues in December 1948.
d* Beginning July 1948, data exclude departures via international land borders; land-border departures during the 12 months ended June 1948 amounted to only 1 percent of total departures.
fRevised series. The coverage has been reduced from 100-120 to 53 carriers; however, the comparability of the series, based on annual operating revenues, has been affected by less than
3.0 percent. Also, data are now shown after elimination of intercompany duplications for the Bell System; figures prior to August 1948 on the revised basis will be shown later. Data relate to
continental United States.
SUEVEY OF CUBKENT BUSINESS
S-24
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
September
August
October
November
December
January
February
March
April
May
June
July
August
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Ammonia, synthetic anhydrous (commercial)
85, 556
short tons..
899
Calcium arsenate (commercial)
thous. of lb_.
Galcium carbide (commercial)
short tons..
57, 443
Carbon dioxide, liquid, gas, and solid
thous. of lb__ 120, 884
Chlorine. _
__
short tons _ 142, 412
35, 782
Hydrochloric acid (100% HC1)
do
Lead arsenate (acid and basic)
thous. oflb..
0)
Nitric acid (100% HNO3)
short tons__
90, 318
Oxygen
_
mil. cu. ft
1,328
Phosphoric acid (50% H3PO4)
short tons._ 102, 961
Soda ash, ammonia-soda process (98-100% Na2
Cos)
-_
short tons__ 394, 215
7,783
Sodium bichromate and chromate.. ._ _ _ d o
Sodium hydroxide (100% N a O H ) _ _ _
do
203, 274
Sodium silicate, soluble silicate glass (anhy36, 085
drous) - _ _
short tons
Sodium sulfate, Glauber's salt and crude salt
67, 293
cake _ _
short tons
Sulphuric acid (100% H2SO4):
901, 994
Production
short tons
Price, wholesale, 66°, tanks, at works
dol. per short ton_.
15.00
Organic chemicals:
Acetic acid (synthetic and natural), production
31 626
thous of Ib
63, 004
Acetic anhydride, production
do
905
Acetyl salicylic acid (aspirin) production do
Alcohol, denatured:
r
14, 529
Production
thous. of wine gal
* r14, 203
Consumption (withdrawals)
do
Stocks
do
1, 435
Alcohol, ethyl:
Production
__ thous. of proof gal _ „ ' 25, 746
36, 098
Stocks, total
do
35, 654
In industrial alcohol bonded warehouses-do
444
In denaturing plants
do
Withdrawn for denaturing.
do
f 26, 263
Withdrawn tax-paid
do__ _
3,432
Creosote oil, production
thous. of gal
11, 930
5,457
Ethyl acetate (85%), production
thous oflb
Glycerin, refined (100% basis) :
High gravity and yellow distilled:
Production
thous. of Ib
7,045
Consumption
do
7,261
Stocks
do
14, 980
Chemically pure:
Production
do
8,991
Consumption
_
do
7,471
Stocks
do
20, 701
Methanol, production:
Natural (100%)
thous. of gal190
Synthetic (100%)
do
14 261
Phthalic anhydride, production
thous of Ib
11, 567
86, 062
0)
55, 164
92, 791
0)
57, 805
93, 923
0)
55, 347
99, 303
0)
57, 971
99, 057
0)
61, 918
90, 917
0)
56,480
103, 418
129
58, 123
109, 306
1,159
50, 763
110, 129
1,515
45, 804
103, 217
1,871
47, 424
109, 505
3,070
44, 227
113, 850
2,969
41, 404
101, 358
136, 382
37, 825
0)
95, 570
1,279
106, 304
71, 125
147, 593
39, 863
0)
99, 190
1,431
113, 726
60, 734
147, 451
38, 889
0)
91,348
1, 386
104, 433
59, 668
154, 469
39, 237
1,648
95, 099
1,409
109, 149
60, 371
152, 838
39, 378
3, 866
97, 854
1.403
112, 257
58, 183
136, 431
38, 994
4,089
90, 545
1,364
107, 134
73, 255
148, 693
42, 297
2,833
85, 680
1,471
113, 927
75, 758
140, 791
40, 267
1,627
101, 790
1, 367
108, 045
103, 665
143, 718
37, 825
711
99, 800
1,286
111, 040
116, 758
134, 572
34, 833
784
97, 476
1,048
97, 252
131, 141
139, 163
35, 978
0)
90, 382
1,042
r
101, 682
132, 266
147, 825
39,^709
357, 618
8,200
196, 163
406, 603
8,734
211,836
398, 158
8,277
212, 494
406, 026
8,328
221, 479
372, 224
8,913
209, 891
329, 076
7,987
188, 340
349, 849
8,116
192, 947
312,647
7,105
175, 850
285, 741
5,286
176, 703
309, 379
4,648
170, 283
289,
943
T
4, 029
163, 678
305, 469
5,575
175, 933
38, 232
38, 617
46, 868
38, 049
35, 914
31, 683
35, 423
32, 579
43, 277
37, 658
26, 446
28, 284
71, 926
76, 811
73, 721
71, 868
72, 477
67, 539
65, 623
60,834
54, 485
48, 393
42, 176
58, 794
866, 168
950, 801
944, 268
989, 887
964, 506
868, 584
978, 251
908, 599
937, 255
859, 275
-•833,063
871, 458
15.00
17.00
17.00
17.00
17.00
17.00
17.00
17.00
17.00
17.00
17.00
17.00
35 437
69, 240
1 043
38, 322
69, 857
1,079
41, 238
73, 450
1,088
43, 496
67, 941
1 113
41, 366
66, 520
1 180
34, 739
57, 807
1,069
30, 496
48, 157
609
29 617
39, 459
804
29 521
39, 775
940
25, 420
35, 334
1,009
29, 698
40, 528
0)
15, 636
15, 573
1,344
15, 962
15, 457
1,982
16, 013
16, 185
1,816
15, 765
15, 266
2,190
12, 855
12 939
2,136
11, 121
10, 116
3,229
15, 120
14, 088
4,249
14, 500
13, 042
5,708
13. 883
12, 973
6,604
16. 559
14, 417
8,746
10, 097
10, 556
8,226
12, 313
12, 444
8,126
27, 972
31, 725
31, 313
412
28, 584
3,809
12, 483
4,830
29, 827
29, 592
28, 738
853
30, 075
4,702
11, 756
5,008
33,609
31, 999
31, 496
503
29, 134
5,114
13, 436
4,904
30, 779
34, 917
34, 317
601
29, 339
3,159
12, 591
8,279
26, 573
37, 154
36, 587
567
23,615
2,988
13, 137
6,379
22, 381
37, 727
37, 434
293
20, 169
3,184
13, 435
3,646
28, 293
37, 708
37, 420
288
27, 824
3,114
13, 861
6,374
36, 232
43, 530
43,061
469
27, 027
2,541
13, 250
6,416
33, 855
49, 950
49, 441
510
25, 770
3,021
13, 728
5,368
31, 796
51,015
50, 544
471
30, 593
3,040
r
13, 215
5,479
23, 760
53, 788
53, 273
515
18, 663
2,664
10, 542
5,798
26, 660
54, 072
53, 527
545
25, 176
3,572
6,886
7,547
13, 795
6,551
7,290
13, 376
7,069
6,980
13, 538
7,203
6 652
13, 692
5,920
6,289
13, 905
4,689
5,774
12, 679
6,234
6 305
12, 406
6,213
6,182
12, 936
6,089
6,341
12, 110
7,907
6,668
13, 596
4,692
5,700
11, 316
9,484
7,432
20, 420
9, 530
7,780
20, 586
9,240
7,544
18, 640
10,600
7,551
20, 565
10, 530
7,907
21, 987
8,956
6,921
21, 764
9,973
7,621
21, 307
8,910
7,065
20,685
9,246
7,189
20, 393
8,617
6,947
18, 211
6,258
6,286
14, 926
191
14 577
12, 288
186
16 396
15, 254
192
16, 342
15, 921
181
15 950
15, 873
198
14 506
16, 295
172
12,783
12, 815
187
14 038
12, 470
166
11 417
10, 192
223
8 864
9,507
146
7,023
8,018
136
7,609
7,104
531
493
1,244
1,423
Consumption, (13 States) f
thous. of short tons
323
505
736
1,815
164, 704
207, 588 250, 952
Exports, total.
short tons
253, 085
255, 000
230, 088 207, 704
200, 858
91, 321
79, 641
93, 869
104, 414
42, 756
Nitrogenous materials. ._
do
54, 897
57, 515
97, 587
102. 382
Phosphate materials.
do
131, 712
100, 172
82, 149
92, 242
123, 799
189, 356
183, 292
9,845
12, 283
8,116
7,993
Potash materials
do
11. 283
9,201
10, 540
8,109
87, 081
116, 635
98 651
Imports, total
do
87, 774
66, 405
144 203
170, 937
129 587
74, 175
51, 974
93, 869
79, 805
Nitrogenous materials, total
do
121, 746
72, 330
130, 339
150, 466
Nitrate of soda
do
41, 840
88, 559
82, 123
34. 050
19, 357
49, 913
45, 199
64,920
4,856
Phosphate materials
do _ _
10,208
9,774
3,464
464
3,481
3,487
8,401
Potash materials
_ _
do
0
0
0
3,613
241
5,962
1,964
8,020
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
51.50
port warehouses.
dol. per short ton _
51.50
51.50
50.63
51.50
54.50
54.50
54.50
94, 312
102, 160
103, 032
98, 968
90, 604
Potash deliveries
_
short tons
96, 738
100, 338
90, 806
Superphosphate (bulk):
Production
do _ _ 841, 274
828, 646
853, 461
822, 51 7
856, 835 1,015,320
801, 952
840, 276
984, 456
Stocks, end of month
do
1, 403, 167 1, 382, 289 1, 333, 435 1,357,931 1, 407, 694 1, 387, 127 1, 234, 569
1,163
250, 058
99,590
138, 789
9,133
152 777
123. 809
61,341
3,215
13, 130
684
207, 809
63,127
129, 643
7,828
176, 584
141, 302
86, 544
13, 333
548
54.50
114, 673
54.50
78, 290
994, 691
802, 638
928, 882
824, 080
93, 308
1,184
109, 949
157
FERTILIZERS
r
355
239, 828
58, 420
163,062
9,824
110, 049
93, 061
66, 791
4, 430
2,198
264, 153
79, 592
172, 841
8,410
69, 454
54, 254
32, 681
8,130
1
r
54. 50
114,025
54.50
77,015
54.50
103 938
810, 775 '829,083 876, 802
960, 752 1,161,919 1, 255 347
NAVAL STORES
Kosin (gum and wood) :
Production, quarterly total
drums (520 Ib.)
Stocks end of quarter
do
Price, gum, wholesale, "WG" grade (Sav.), bulk*
dol. per 100 lb_.
Turpentine (gum and wood) :
Production quarterly total
bbl (50 gal )
Stocks end of quarter
do
Price, gum, wholesale (Savannah) __dol. per gal__
539, 310
670, 550
607, 850
576, 530
7.34
7.48
.38
197 640
228, 600
.38
7.78
.39
7.82
7.87
.39
163 400
262, 670
.37
362, 650
618, 230
7.66
.37
7.15
6.22
.40
114, 860
229, 690
.41
521,050
719 140
5.68
.40
6.41
6.42
6.49
6.53
.39
181 810
218, 490
.37
.36
.38
MISCELLANEOUS
Explosives (industrial), shipments:
2,581
2,405
2,548
2,626
Black blasting powder
_ _ _
thous. of Ib
2,836
2,953
1,333
1,730
1,287
1,269
1,081
1,068
1 509
53, 175
44, 985
58, 124
47, 704
43,832
56, 497
43, 362
53,208
57, 992
High explosives
do__ _
60, 929
45, 443
50, 982
53, 158
Sulfur:
438, 527
393, 385 412, 680
416, 678
351, 086
Production.,
_
_longtons__ 406, 220
400, 657
402, 711
396, 447
417, 526
399, 025
388, 811
397 024
3, 310, 593 3, 313, 777 3, 292, 826 3, 226, 170 3,225,014 3, 274, 313 3, 234, 481 3, 202, 481 3,181,199 3, 168, 051 3, 168, 312 3, 142, 845 3. 156. 752
Stocks
_ __ _ _ _ d o
»• Revised. 1 Not available for publication.
t Revised series. Data for fertilizer consumption have been revised beginning in the July 1949 SURVEY to exclude Texas which has discontinued tax tag sales; revised figures prior to May
1948 will be shown later.
*New series. The series for rosin "WG" (window glass) grade, which is compiled by the U. S. Department of Labor beginning November 1948, and prior to that month by the Oil, Paint,
and Drug Reporter, has been substituted for the "H" grade formerly shown. Data beginning 1935 will be shown later.
October 1949
SURVEY OF CUKEENT BUSINESS
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
September
S-25
1949
1948
August
October
November
December
January
February
March
April
May
June
July
August
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, OILSEEDS, AND
BYPRODUCTS
Animal fats, greases, and oils:
Animal fats:
185, 865
221, 253
298, 192
366, 883 i 361, 417 i 303, 420 i 306, 947 i 1270, 742 1 272, 192 i 275, 069 i 1254, 842
Production _ _ _
thous. of Ib . 189, 987
113, 369
122, 063
117, 992
i 97, 264
i 94, 838 i 111, 062
94, 188 i 109, 734 i 105, 502
113, 254
119,816
61, 981
Consumption, factory
do
402, 332 1 464, 820 i 485, 516 i 446, 760 i 408, 634 i 368, 929 i 319, 521 i 322, 974
288, 614
326, 165
310, 920
Stocks, end of month
do
376, 852
Greases:
1
i 50, 505
53, 144
i 52, 050 i1 50, 232 i 51, 138 *1 46, 852
i 49, 170
42, 192
47, 344
45, 702
Production
do
43, 323
50, 619
1
1
49, 474
51, 547
55, 887 1 45, 023 i 48, 539 1 43, 564 i 38, 425 i 41, 590
32, 951
50, 474
47, 116
Consumption factory
do
47, 211
129, 354
119, 351
104, 308 i 111, 489
107, 603 i 109, 933
112, 915
110, 882 i 113, 706 i 124, 927 1 129, 265
Stocks, end of month
do
142, 626
Fish oils:
13, 599
5,649
879
1,063
4,717
6,529
2,064
741
22, 332
12, 735
23, 379
Production
do
11, 344
12, 377
13, 395
9,653
14, 102
10, 733
10, 753
18, 569
18, 946
20, 225
17, 979
16, 227
11,126
Consumption, factory
do
104, 404
78, 442
108, 537
88, 713
74, 628
93, 229
115, 792
134, 465
78, 176
97, 756
80, 946
Stocks, end of month
do
89, 878
Vegetable oils, oilseeds, and byproducts:
Vegetable oils, total:
r
2
2
2
2
2449
529
2379
498
532
374
2 506
469
338
381
409
Production crude
mil of Ib
307
r2
453
2434
2414
2384
449
2405
322
440
2450
2307
367
368
Consumption, crude, factory
do
Stocks, end of month:
2
2769
2812
2735
463
528
614
692
808
'2739
732
2736
447
Crude
do
r2
2
r
T 2
r 2
'2319
152
279
423
376
211
2390
266
149
130
462
448
Refined
do
60, 173
19, 767
115, 017
7,945
27, 456
47, 741
73, 123
9,682
98, 268
11, 981
10, 776
16, 397
Exports f
thous of Ib
24, 378
13, 955
30, 545
23, 126
8,827
32, 589
32, 184
40, 967
31,329
31, 834
23, 799
61, 350
Imports, total
do .
1,609
19, 028
11,335
11, 492
5,739
2,802
14, 429
16, 855
2,168
2,811
7,946
7,390
Paint oils
do
22, 769
19, 053
21, 939
23, 382
44, 495
17, 387
6,025
11, 788
29, 778
17, 756
22, 500
16, 409
All other vegetable oils
do
Copra:
36, 773
23, 553
33, 343
29, 959
17, 624
32, 503
27, 377
25, 148
30, 203
26, 914
21, 356
19, 754
Consumption factory
short tons
15, 034
14, 864
19, 559
12, 769
16, 581
5,265
26, 359
20, 574
16, 618
14, 337
15, 536
Stocks, end of month
do
16, 638
19,049
40, 940
32, 655
21, 824
20, 638
27, 909
41, 894
17, 757
20, 676
58, 361
26, 006
22, 677
Imports
do
Coconut or copra oil:
Production:
47, 231
42, 657
23, 014
32, 682
34, 368
30, 003
27, 554
35, 185
38, 454
38, 933
41, 408
25, 762
Crude
thous of Ib
25, 022
23, 682
21, 522
24, 473
21, 203
21, 453
20, 545
23, 139
24, 611
19, 488
28, 162
28, 744
Refined
do
Consumption, factory:
44, 905
36,014
47, 098
47, 369
42, 585
54, 944
43, 827
43, 620
38, 592
42, 566
50, 150
46, 903
Crude
do
24, 483
19, 529
22, 533
21, 842
19, 962
17, 838
25,224
22, 827
19, 689
23, 916
21, 118
21, 288
Refined
do
Stocks, end of month:
r
54, 892
39, 135
63, 978
64, 224
71,318
82, 365
52, 180
47, 880
56, 132
44, 208
73, 280
70, 315
Crude
do
11,423
7,893
8,805
9,063
8,477
8,728
8,807
10, 899
11, 876
8,976
10, 059
11, 164
Refined
*
do
8,442
14, 512
8,569
7,852
5,419
7,024
14, 475
24, 930
6,950
7,796
10, 049
2,330
Imports
do ._
Cottonseed:
117
94
15
1,231
1,593
115
19
975
602
212
30
373
Receipts at mills
thous. of short tons _
147
534
614
473
262
197
707
325
173
670
520
711
Consumption (crush)
do
132
343
162
2,129
1,665
881
586
985
1,871
2,067
1,260
289
Stocks at mills, end of month
do
Cottonseed cake and meal:
241 993
231,639
85, 660
66, 340
322 572
300 891
272 678
209 422
117,678
318 208
143 338
80 566
Production
short tons
88, 354
65, 949
92, 253
95, 907
104, 700
74, 554
75, 250
80, 246
78, 427
81, 515
95, 806
100, 297
Stocks at mills, end of month
do
Cottonseed oil, crude:
223, 733
153,918
107,085
87, 873
65, 569
48, 656
166, 148
227, 956
211, 964
195, 053
167,157
52, 130
Production
thous of Ib
52, 233
184, 758
118,896
76, 240
63, 285
97, 778
141,085
157, 722
188, 390
198, 729
168, 447
Stocks, end of month
do
25, 601
Cottonseed oil, refined:
182,062
141,105
150, 595
115,419
61, 255
111,259
156, 949
119, 975
97, 996
43, 586
178, 087
177, 824
Production
do
122, 995
133, 361
124, 750
125, 584
138, 639
103, 281
130, 378
110, 959
76, 475
122 772
117,056
138 828
Consumption factory
do
44, 065
38, 635
38, 569
40, 819
30, 560
32, 728
28, 882
39, 476
45, 687
40, 976
32, 771
30, 955
In oleomargarine
do
168, 081
220, 937
242, 512
227, 587
59, 241
202, 869
186, 268
132, 766
83 053
236 197
60, 695
120, 774
Stocks end of month
do
Price, wholesale, summer, yellow, prime (N. Y.)
.174
.155
.125
.215
.199
.143
.134
.122
.231
.221
.136
.211
dol. per lb__
.158
Flaxseed:
4
3 52, 533
Production (crop estimate)
thous of bu
41, 569
Oil mills:
3,505
3,675
2,981
2,660
3,006
2,241
3,528
3,098
3,178
3,177
2,393
Consumption
do
3,577
6,775
1,513
7,744
5, 313
2,104
8,492
8,538
7,076
3,142
1,960
2,227
Stocks, end of month
do
6,746
1
25
5
12
58
20
46
13
7
0
95
10
Imports
do
6.01
6.00
6.00
3.86
6.00
6.00
6.00
6.00
6.00
6.00
Price, wholesale, No. 1 (Minn.)
dol. per bu._
3.91
(5)
(5)
Linseed oil:
6 52, 794
58, 111
62, 645
6 58, 542
e 70, 927
6 69, 949
73, 427
60, 973
6 60, 949 6 43, 510
6 45, 497
Production
_thous. of lb__
72, 234
42, 535
31, 331 6 26, 208 6 27, 663
6 31, 966
6 26, 402
6 35, 262
39, 347
31, 707
6 25, 432 6 23, 734
42, 671
Consumption, factory
do
226, 403 6 209, 559 6 239, 449 6 270, 035 6 310, 827 6321,765 6 363, 431 6 378, 788
165, 273
180, 175
210, 894
190, 988
Stonks at factory, fmd of month
do
.293
2.92
.290
.288
.288
.288
.288
.288
'
.276
.250
.290
.290
Price, wholesale (N. Y)
dol. per Ib
.216
Soybeans:
4
3 220, 201
204 207
Production (crop estimate)
thous of bu
15, 264
13, 849
16, 154
16, 677
16, 830
15, 520
17,032
15, 459
15, 302
10, 742
10, 276
15, 937
Consumption, factory
_ _ .
do
55, 564
36, 305
49, 721
44, 415
18, 333
48, 781
29, 029
22, 992
12, 477
8,008
5,417
58, 392
Stocks, end of month
do
Soybean oil:
Production:
162, 648
104, 230
136, 864
154, 757
160, 081
151, 137
156, 088
154, 183
150, 583
105, 282
167, 689
155, 148
Crude
thous. of Ib
124, 100
110, 908
125, 950
137, 081
92, 790
91, 632
116, 910
127, 425
118. 045 r 124, 209
108, 965
110,190
Refined
_
.
do
Consumption, factory, rfifinfld
do
103, 591
97, 934
123, 969
105, 619
95, 915
98, 468
99, 891
130, 314
130, 934
120, 798
111, 700
97, 345
Stocks, end of month:
134, 229
132, 959
44, 921
140, 245
105, 365
r 82, 793
62, 351
77, 432
101, 100
88, 631
54, 843
90, 881
Crude
do
51, 294
86, 576
109, 463
119, 744
123, 562
112, 523
102, 045
48, 725
69, 216
63, 756
' 93, 929
92, 807
Refined
do
.294
.259
.209
.173
.154
.141
.250
.237
.158
.154
Price, wholesale, edible (N. Y.)
dol. per lb._
.278
.142
.175
r
Revised. * Beginning January 1949, data include for animal fats, 45 plants and for greases, 23 plants not previously reporting; operations at these plants in January (thous. of Ibs.): Animal
fats—production, 3,290; stocks, 3,804; greases—production, 953; stocks, 1,949. 2 Beginning January 1949, data on original reports show further details on certain refined oils which are believed
to have been included formerly in the crude oil figures. January 1949 figures for the items excluded beginning in that month (thous. of Ibs.): Sesame—consumption, 29; stocks, 142; rapeseed—
consumption,
550; stocks, 2,763; linseed
oil—production, 8,900; consumption, 15,062; stocks, 45,560; other vegetable oils—production, 955; consumption, 1,503; stocks, 1,604. 3 December 1 estimate.
4
5
September 1 estimate.
No sales.
« See note "2" for this page.
t Revised series. Beginning in the September 1949 SURVEY, data include oleomargarine of vegetable or animal origin.
SUEVEY OF CURKENT BUSINESS
S-26
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
August
September
October
November
December
January
February
March
April
May
June
July
59, 613
60, 415
63, 590
61, 978
56,118
55, 366
August
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC,— Continued
Vegetable oils, oilseeds, etc. — Continued
Oleomargarine:
Production
thous. of Ib
Consumption (tax-paid withdrawals)
do
Price, wholesale, vegetable, delivered (Chicago)
dol. per lb__
Shortenings and compounds:
Production
thous. of Ib
Stocks, end of month
do
73, 335
72, 858
80, 434
75, 852
79, 626
78, 319
72, 377
72, 997
74, 308
69, 918
81, 652
80, 336
76, 045
75, 305
80, 185
78, 964
65, 754
64, 719
.343
.323
.315
.303
.283
.269
.256
.229
.224
.224
.224
113, 663
62, 015
123, 615
50, 428
125, 517
53,137
134, 629
52, 508
129, 341
66, 390
114, 917
73, 773
112, 150
70, 850
125, 607
72, 800
119, 576
80, 436
125, 908
84, 851
122, 213
85, 821
83, 355
64,438
94, 355
85, 994
34, 706
51, 287
8,362
91, 408
81, 768
34, 464
47, 304
9,640
81, 759
74, 048
31, 590
42, 459
7,711
71, 778
65, 116
29, 864
35, 252
6,662
65, 824
59, 386
28, 797
30, 589
6,438
76, 961
69, 853
27, 950
41, 903
7,108
70, 190
63, 968
26, 124
37, 844
6,222
84, 124
75, 938
30, 178
45, 760
8,186
86, 236
77, 852
28, 473
49, 379
8,384
89, 083
79, 913
27, 582
52, 331
9,170
88, 465
79, 546
28, 755
50, 791
8,919
'74,215
' 67, 613
' 25, 775
' 41, 839
6,601
1,545
4,097
835
515
24, 928
11, 750
0)
18, 128
1,622
4,475
846
835
27, 579
13, 993
0)
20, 993
1,947
4,781
936
1,209
24, 982
16, 520
0)
21, 872
1,690
4,495
806
873
23,101
14, 398
(0
21,235
1,745
3,951
752
1,034
21, 588
13, 209
0)
20, 110
2 7, 851
2 8, 509
2 8, 913
2 9, 675
2 10, 247
1,826
4,077
810
784
21, 428
12,830
10, 868
22, 467
16, 918
7,279
18, 115
1,521
4,322
691
890
20, 195
14, 920
10, 641
19, 065
15, 242
7,098
17, 095
1,563
4,548
728
1,010
20, 585
17, 257
9,248
22, 219
16, 038
7,848
16, 084
1,329
4,610
750
1,022
18, 260
17, 548
8,500
23, 613
16, 069
8,182
14, 547
1,650
3,449
754
709
14, 828
16, 331
8,049
20, 407
17, 853
7,516
14, 162
1,242
4,303
626
176
14, 952
15, 029
' 7, 931
20, 636
' 19, 149
' 7, 584
14, 825
1,332
3,431
372
433
11,232
15,905
6,273
18,853
17, 481
6,631
14, 869
.351
.248
PAINT SALES
Paint, varnish, lacquer, and filler, total
thous.
Classified, total...
Industrial
Trade .
_
Unclassified
of dol. _
do
do
do
do
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:*
Cellulose acetate and mixed ester plastics:
Sheets, rods, and tubes..
thous. of Ib
Molding and extrusion materials
do
Nitrocellulose, sheets, rods, and tubes
do
Other cellulose plastics
do
Phenolic and other tar acid resins
do
Polystyrene
do
Urea and melamine resins.
do
Vinyl resins
do
Alkyd resins
do
Rosin modifications
do
Miscellaneous resins
do
87, 802
79, 264
30, 823
48, 441
8,538
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total
mil. of kw.-hr__
Electric utilities, total
do
By fuels
_
do
By water power
..
do __
Privately and municipally owned utilities
mil. of kw.-hr._
Other producers
do
Industrial establishments, total
do
By fuels
do
By water power
do
Sales to ultimate customers, total (Edison Electric
Institute)
mil ofkw.-hr
Commercial and industrial:
Small light and power
do
Large light and power
do
Railways and railroads
do
Residential or domestic
do
Rural (distinct rural rates)
_.
_do _
Street and high way 'ighting
do
Other public authorities
do
Interdepartmental
..
do
Revenue from sales to ultimate customers (Edison
Electric Institute)
thous of dol
28, 789
24, 242
17, 506
6,736
28,065
23, 613
17, 578
6,035
29, 058
24, 385
18, 409
5,976
28, 768
24, 180
17, 587
6,594
30, 478
25, 716
18, 250
7,467
30, 374
25, 570
17,803
7,767
27, 463
22, 996
15, 701
7,295
29, 514
24, 721
16, 585
8,136
27, 745
23, 215
15, 057
8,158
27, 875
23, 348
15,290
8,058
28, 025
23,617
16, 393
7,224
27, 946
23 684
16, 355
7,330
29,492
25 021
17, 672
7,349
20,642
3,600
4,547
4,210
337
20, 143
3,470
4,452
4,164
288
21,004
3 381
4,673
4 382
292
20,811
3,369
4,587
4,254
333
21, 985
3,731
4,762
4,340
422
21,838
3,733
4,804
4,355
449
19, 506
3,490
4,467
4 027
440
21, 028
3,694
4,793
4,327
466
19, 749
3,466
4,530
4,053
478
19, 785
3,563
4,526
4,048
479
20, 034
3 583
4,407
4 012
395
19, 973
3,711
4,262
3 881
381
20, 965
4 055
4,471
4 067
404
20, 180
20, 539
20,511
20, 678
21, 465
21, 831
21, 143
20, 882
20, 420
19, 914
19,904
19, 960
3,728
10, 648
505
3,824
732
189
502
52
3,805
10, 721
492
4,018
733
206
515
50
3 634
10, 796
530
4,172
570
233
526
50
3,651
10, 673
532
4,495
487
251
540
48
3,823
10, 720
613
4,959
472
270
557
52
3,834
10, 647
595
5,424
459
266
560
46
3 835
10, 220
532
5,269
456
233
550
48
3,709
10, 304
580
5,006
465
229
53<6
52
3,685
10, 141
525
4,763
531
205
522
48
3,611
9,967
499
4,464
627
190
510
46
3,759
9,888
473
4, 375
664
178
522
46
3 975
9,533
462
4,419
825
184
516
46
356, 863
366,155
367, 712
375, 038
390, 128
398, 487
389, 527
382 150
374 713
368, 578
371, 446
375 419
GAS
Manufactured and mixed gas (quarterly) :
Customers end of quarter, total
thousands
Residential (incl. house-heating)
do
Industrial and commercial
do
Sales to consumers total
mil of cu ft
Residential
;
do
Industrial and commercial
do
Revenue from sales to consumers, total
thous. of dol
Residential (incl house-heating)
do
Industrial and commercial
do
Natural gas (quarterly) :
Customers, end of quarter, total
thousands
Residential (incl. house-heating) __
.do _
Industrial and commercial
do
Sales to consumers, total
mil. of cu. ft
Residential (incl house-heating)
do
Industrial and comrnfirciR.'!
do
Revenue from sales to consumers, total
thous. of dol
Residential (incl. house-heating)
.do
Industrial and commercial
do
10, 462
9,783
672
105, 321
63, 357
41, 124
10, 537
9,844
686
143, 721
94, 456
47, 938
10 590
9,885
697
186, 071
128, 942
55, 576
10 541
9,842
691
139 231
90,229
47, 875
112, 035
81,211
30, 204
143, 338
105, 368
37, 089
176, 698
131, 379
44, 272
144, 513
107 058
36, 725
11, 406
10, 601
796
579, 384
87, 248
464, 957
11, 773
10, 894
869
749, 156
216, 009
501, 618
11, 971
10, 961
1,000
924, 244
390 136
511, 640
12, 328
11. 293
1 026
715, 282
192 659
50l' 154
171,016
68, 535
98, 181
259, 309
136, 622
117, 423
358, 296
224, 031
130, 165
246 490
127, 776
115 064
r
1
2
Revised.
Not available for publication.
Not comparable with data beginning January 1949 because of the inclusion at that time of some companies not previously reporting.
*New series. The data for production, compiled by the U. S. Tariff Commission beginning July 1948, are essentially comparable with the series for shipments and consumption (reported
by the Bureau of the Census) previously shown here, except for inventory changes (which tend to balance out over a short period), and the inclusion of a few companies not formerly covered.
Unpublished figures for July 1948 (thous. of Ib.): Cellulose acetate—sheets, rods, and tubes, 1,172; molding and extrusion materials, 3,636; nitrocellulose, 676; other cellulose plastics, 258; phenolic,
20,740; polystyrene, 9,339; vinyl, 14,996; miscellaneous, 8,702. Data for alkyd resins and rosin modifications are not available prior to 1949.
SURVEY OF CURRENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-27
1949
1948
August
September
October
November
December
January
February
March
May
April
July
June
August
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Fermented malt liquors:
Production
thous. of bbl__
8,682
7,886
7,991
Tax-paid withdrawals
_
do _
8,396
9,062
Stocks, end of month
do_ _
9,511
Distilled spirits:
Production
__. thous. of tax gal_.
15, 935
20, 908
Consumption, apparent, for beverage purposes
14, 791
thous. of wine gal _
12, 377
9 304
Tax -paid withdrawals
thous. of tax gal
7,533
Stocks, end of month
_
do _ _ 607, 676
610, 988
1 234
Imports
thous. of proof gal
892
Whisky:
11 429
Production
thous of tax gal
9,540
Tax-paid withdrawals
do
4 736
3,978
Stocks, end of month ... _ _ _
do
«• 533, 276
537, 441
1 113
Imports
thous. of proof gal
820
Rectified spirits and wines, production, total
thous. of proof gal __
10,
937
'
9,
318
r
Whisky
_ _ _ _ _
do
10, 130
8, 513
Wines and distilling materials:
Sparkling wines:
122
Production
_
thous. of wine gal. _
68
69
Tax-paid withdrawals
do
118
Stocks, end of month
_do_ _
1,871
1,813
29
17
Imports
do
Still wines:
769
15, 366
Production
_
_.do
10 166
Tax-paid withdrawals
do
8,248
131, 895
Stocks, end of month
_
do_
136, 806
205
228
Imports .
do
Distilling materials produced at wineries. _ .do
2,519
32, 020
5,687
5,444
8,397
7,726
7,066
8,748
7,307
6,501
9,250
8,325
7, 566
9,646
21, 804
19, 667
20, 233
16, 923
16, 791
11,690
6 546
646, 272
941
12, 741
7,268
654, 589
874
14, 038
9 334
661, 757
1,109
12, 919
7,752
668, 007
13,300
7,825
674, 662
1,097
17 532
3 965
559, 818
1 329
14 861
3,971
569, 734
14 148
4 227
578, 448
14 462
4 720
586, 754
11 526
3,383
592, 680
994
752
10 972
3,731
599, 562
1,017
9,739
8,792
7,398
6,613
8,464
7,736
10, 186
9,206
8,289
7,335
8,917
7,908
6,693
6,366
9,064
6,173
6,666
8,278
6,807
6,567
8,213
6,040
5,589
8,410
33, 337
37, 037
28, 225
16, 499
11 455
614, 840
1 380
18, 516
12 154
621, 672
1,524
20, 175
7 378
635, 674
1 507
12 193
6 090
541, 715
1 247
14 026
6,602
547, 534
1 388
13, 484
12, 515
14, 449
13, 376
836
783
54
127
81
112
1,729
1,640
1,525
63, 936
11, 294
195, 069
48, 148
12, 255
233, 335
213, 610
132, 715
1,060
217
491
51
256
71
168
94
68
60
57
74
65
974
9,382
8,722
10, 147
9,182
8,901
10, 032
13, 724
8,818
11, 581
13, 078
7,631
677, 344
1,111
12, 323
8,067
676, 337
8,072
675, 217
7,852
3,537
602, 926
1,027
5,099
4,048
602, 865
5 959
4 383
603, 231
9, 035
7,889
8,008
6,864
9,043
7,681
9,251
8,622
9,878
877
803
54
49
163
77
137
53
98
62
1,545
1,515
1,644
1,743
21
32
1,673
97
23
1,530
28
13
886
9,828
833
821
640
584
9 613
203, 612
11 636
191, 809
9,581
182, 173
658
8,860
173, 494
1,437
238
409
8,815
162, 586
435
7,763
95, 778
5,344
11 193
223, 774
294
12, 924
45
250
212
25
253
26
221
929
1,742
154, 034
148
713
177
513
DAIRY PRODUCTS
Butter, creamery:
Production (factory)
_- _
thous. of lb_Stocks, cold storage, end of month
do
Price, wholesale, 92-score (New York)_dol. per lb__
Cheese:
Production (factory), total
thous. of Ib
American whole milk
do
Stocks, cold storage, end of month, total. _ _do_ _
American whole milk
do
Imports
_
doPrice, wholesale, American, single daisies (Chicago)
dol. per lb__
Condensed and evaporated milk:
Production:
Condensed (sweetened):
Bulk goods
thous. of lb-_
Case goods
_.
_ _ _ __do
Evaporated (unsweetened), case goods _ _ _ d o
Stocks, manufacturers', case goods, end of month:
Condensed (sweetened)
thous. of lb__
Evaporated (unsweetened)
do. _
Exports:
Condensed (sweetened)
do
Evaporated (unsweetened)
do
Prices, wholesale, U. S. average:
Condensed (sweetened)
_ dol per case
Evaporated (unsweetened)
do
Tluid milk:
Production
mil of Ib
Utilization in mfd dairy products
do
Price, dealers', standard grade
dol. per 100 lb_Dry milk:
Production:
Dry whole milk _
thous. o f l b _ _
Nonfat dry milk solids (human food)
do___
Stocks, manufacturers', end of month:
Dry whole milk
do__
Nonfat dry milk solids (human food)
do
Exports:
Dry whole milk._
__
do __
Nonfat dry milk solids (human food)
do
Price wholesale, nonfat dry milk solids (human
food), U. S. average _ _
_ _. dol. per Ib
117, 265
97, 624
.756
96,360
93, 850
.719
93, 330
83, 412
.644
79, 190
60, 214
.629
83,880
33, 615
.645
92, 030
18, 737
.630
91, 210
8,718
.633
111 865
6,318
.616
123, 820
15, 338
.599
158, 675
51, 056
.597
155 585 ' 136, 870
102, 701 " 136, 786
.599
.590
129 125
153, 339
.618
106, 730
87 300
217, 819
185 324
1,210
87, 660
70 520
212, 282
182 449
1,293
80, 745
62 545
195, 470
167 535
3 199
67, 995
51 025
164, 410
140 791
3,090
72 905
55 125
148, 100
126 534
2 272
80, 120
60 580
135, 110
116 779
1,423
79 300
59 540
126, 503
111 073
1 533
95 610
72 140
120, 563
105 608
2 035
113, 010
88 330
125, 903
109 920
2 393
142, 645
115 585
134, 765
117 021
2 466
136 585
112 265
162, 256
140 859
2 794
»• 118, 350
96, 950
' 185, 517
162 346
2,206
107 185
86 935
210, 722
183 682
.493
.448
.420
.397
.410
.371
.348
,336
.337
.341
.343
.330
.352
28, 700
12,600
360, 100
19,500
10, 300
282, 600
15, 415
8,600
226, 250
13, 050
8,250
154, 900
12, 795
10 000
147, 000
15, 250
10, 950
154, 100
14, 735
10 300
160, 650
18, 800
14 800
215, 750
25, 565
12, 150
269, 250
40,400
12,800
362, 850
35, 070
10 550
357, 500
23,450
9, 600
312, 500
25, 575
8 800
273, 750
14, 275
513, 665
15,645
621, 948
13, 408
622, 624
14, 824
542, 810
12, 576
424 619
9,504
297, 463
7,759
206 464
8,350
177 077
9,511
189, 735
11,390
298 661
13, 059
379 000
11, 778
454, 397
8,559
477 812
8,585
27, 780
6,342
33, 486
10, 455
19, 316
4,367
15, 836
8,713
49, 058
15, 521
24,837
7 322
29, 189
11 021
20 669
9,901
18, 613
7,657
22, 897
8 903
24, 391
6,205
22, 967
10 02
6.71
10 02
6 56
9 93
6 26
9 60
5 94
9 60
5 95
9 60
5.81
9 48
5 66
9 10
5 45
9 10
5 18
9 10
5 05
9 10
5 09
9.10
5.12
9 10
5 11
10 511
4,444
5.29
9 124
3 619
5.32
8 748
3 336
5.30
8 031
2 724
5.27
8 215
2 866
5.25
8 671
3 143
5.16
8 276
3 113
5.04
9 558
3 833
4.89
10 226
4 394
4.67
11 888
5 640
4.58
12 303
5 482
4.56
11 544
4. 828
4.61
10 546
4 466
4.66
16, 845
52, 515
13, 100
38, 020
11, 515
36, 790
7,350
35, 450
9,165
49, 700
11, 400
54, 275
9,350
57, 035
11 150
76, 930
12, 275
94, 250
15 415
118, 250
12 525
109, 400
12 620
88,900
10 890
76, 400
29, 613
97, 976
29, 097
86, 524
30, 713
74, 112
25, 967
51, 986
18, 491
44, 738
16, 098
49, 627
14, 928
63 320
15 479
71 784
14 198
76 114
16, 096
95 387
17 377
104 868
19 059
98 020
17 808
96 994
8,354
8,457
8,923
10, 587
7,061
16, 406
6,217
23, 901
11,439
19, 704
11, 431
26, 496
8,229
5,620
4 616
8,288
6 666
26, 248
10 014
16, 226
5 873
14, 042
5,499
2,857
.158
.157
.158
.159
.151
.131
.115
115
.117
.118
.116
.117
621
214
6,968
2,520
4,920
7,258
7,737
22, 413
8,604
4,791
21, 836
9,580
i 90, 288
3,505
17, 813
15, 334
3,297
12, 971
12, 633
3,229
9,028
10, 319
3 161
5,491
11, 571
2,065
3,318
10, 210
1 776
1,294
10, 051
764
371, 565
364, 115
362, 423
346, 941
335, 940
317, 695
301, 249
266, 581
237, 419
266, 910
311, 734
311, 968
308, 829
281, 825
262, 047
229, 506
206 061
191 666
r
r
118
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thous. of bu_
Shipments, carlot
_ no. of carloads _
Stocks, cold storage, end of month__thous. of bu_
Citrus fruits, carlot shipments
no. of carloadsFrozen fruits, stocks, cold storage, end of month
thous. of lb_
Frozen vegetables, stocks, cold storage, end of
month.
_
thous. of lb_
Potatoes, white:
P reduction (crop estimate)
thous . of bu _
Shipments, carlot
no. of carloads '
Price, wholesale, U.S. No. 1 (New York)
dol. perlOOlb.
r
Kevised.
* December 1 estimate.
2
1
23,567
31, 030
33, 052
24 026
445, 850
26 437
3.757
3.499
3.193
3.302
3.699
September 1 estimate.
2
T
129 423
348
9,002
549
'175
' 7, 902
237, 856
255, 787
••327,090
342, 665
186 821
219 515
r
502
426
6,347
237 847
314 097
2
21, 394
25 415
35 867
26 059
22 999
24 226
r 12 045
365 061
14 516
4.628
4.474
4.568
4.623
5.258
3.546
3.287
3.498
SURVEY OF CUEKENT BUSINESS
S-28
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
August
September
October
November
December
January
February
March
May
June
July
44, 336
57, 214
47, 020
45, 888
April
August
FOODSTUFFS AND TOBACCO—Continued
GRAINS AND GRAIN PRODUCTS
Exports, principal grains, including flour and meal
thous of bu
Barley:
Production (crop estimate)
do
Receipts, principal markets
.do ___
Stocks, domestic, end of month:
Commercial. __
_
do. _
On farms
do
Exports, including malt
do__ _
Prices, wholesale (Minneapolis):
No. 2, malting
dol. per bu
No 3, straight
do
Corn:
Production (crop estimate)
mil. of bu
Grindings wet process
thous. of bu
Receipts, principal markets
do
Stocks, domestic, end of month:
Commercial
do
On farms
mil. of bu _
Exports including meal
thous. of bu
Prices, wholesale:
No. 3, white (Chicago)
dol. per bu _
No 3 yellow (Chicago)
do
Weighted average, 5 markets, all grades. -do
Oats:
Production (crop estimate)
-mil. of bu_.
Receipts, principal markets
thous. of bu._
Stocks, domestic, end of month:
Commercial
do _ On farms
do
Exports, including oatmeal
_
-do
Price, wholesale, No. 3, white (Chicago)
dol. per bu-Rice:
Production (crop estimate)
thous of bu
California:
Receipts, domestic, rough__.
thous. of lb_.
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. thous. of bbl. (162 lb.)Shipments from mills, milled rice- thous. of lb-Stocks, domestic, rough and cleaned (cleaned
basis), end of month
thous. of lb__
Exportsf
do
Imports
do
Price, wholesale, head, clean (N. O.)_.dol. per lb_-
Rye:
Production (crop estimate)
thous of bu
Receipts principal markets
do_- _
Stocks, commercial, domestic, end of month.do....
Price, wholesale, No. 2 (Minn.)
dol. per bu_Wheat:
Production (crop estimate) total
Spring wheat
Winter wheat
Receipts, principal markets
mil of bu
do
do
thous. of bu__
Stocks, end of month:
Canada (Canadian wheat) _
__ do
United States domestic totallf
do
Commercial
_.do
Interior mills, elevators, and warehouses
thous of bu
^Merchant mills
do
On farms
do
Exports total including
flour
do
Wheat only
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. per bu__
No 2 hard winter (Kansas City) __
do _ _ _
No 2 red winter (St Louis) do _ _ _
Weighted avg., 6 markets, all grades
do
' 62 422
52, 828
51 975
41, 906
54,234
i 317, 037
11,300
r
58 024
r
59, 760
r
65 233
r
8,323
5,254
8,991
5,860
11, 906
19, 312
24, 843
2 233, 395
24, 940
16, 457
156, 600
1,162
15, 214
12, 426
10, 057
33, 056
1,390
1,636
14, 922
59, 311
2,111
24,659
2,653
11, 197
111,511
2,864
9,491
2,614
1.554
1.447
1.480
1.346
1.474
1.375
1.344
1.242
1.312
1.200
1. 256
1.178
1.249
1.184
1.253
1.163
1,290
1.236
1.327
1,299
10 517
26, 339
11, 197
63, 005
i 3, 651
9,927
45, 269
9 958
38, 281
9,357
20, 139
9,902
23,694
8, 813
19, 646
8, 632
21, 198
8,910
21, 977
8,658
19,683
2 3, 526
10, 637
22, 064
1,522
114.0
523
4,621
39, 002
43, 903
11, 582
5,711
13, 081
11, 251
8,209
10,888
1, 239. 4
4,611
4,744
11,355
25, 895
1, 776. 2
21, 267
15, 266
6,890
50, 328
2, 519. 6
11,040
50, 639
1 225
8,926
2.250
1.951
1.949
2.210
1.808
1.760
1.477
1.470
1.375
1.449
1.381
1.272
1.443
1.424
1.329
1.464
1.428
1.303
(3)
1.271
1.160
1.427
1.337
1.224
1.403
1.370
1.322
1.410
1.358
1.279
(3)
1.353
1.276
1.451
1.402
1.327
27, 329
14, 497
9,864
8,861
i 1, 492
9,335
9,321
5,311
8,915
10, 175
9,874
13, 988
33, 804
1,314
24, 804
18, 902
1, 187, 541
418
1,792
15, 031
10, 424
3,635
1,662
17,745
30, 095
3,552
1,647
292
6,167
270, 264
3,182
.778
.741
.701
.673
.638
22, 535
13, 926
12, 570
10, 616
16, 196
19, 254
208, 979
1,646
18, 847
18, 741
4,375
3,467
1,570
1.486
1.366
1.410
1.270
1.517
1.419
8 799
16, 897
9,261
17, 246
677
587
18, 889
.716
.746
4,199
1.340
1.307
1.256
2
9,544
5,916
2,530
11, 433
927, 488
2,936
2,888
2,264
4,215
577, 945
1,147
.878
.866
.819
.741
.753
562
.637
2 90, 139
i 81, 170
3,630
17, 818
3,030
3,082
97, 925
29, 478
89, 946
28, 920
40,833
42, 987
53, 677
21, 904
27, 300
18, 049
37, 216
19, 003
55, 691
61, 988
48, 913
30, 421
45, 785
26, 728
46, 994
31, 908
68, 741
64, 909
7,607
6,395
36, 376
63, 368
45, 769
56, 962
56, 651
59, 154
38, 289
37, 944
39, 358
35, 752
13, 806
1, 154
r 77, 160
3,816
178, 622
5,182
253, 425
2,682
241, 393
1,577
229, 229
473
155, 497
683
130, 574
842
141, 733
663
119, 909
415
134, 534
375
132, 599
185
78, 410
781
81, 631
r 58, 400
19 210
350
.163
273, 024
40 826
150
(3)
546, 802
83 406
150
.100
587, 650
117, 935
202
.091
532, 386
146, 866
534
.103
434, 167
92 254
215
.098
379, 725
69, 715
103
.093
332, 121
51,418
439
.093
286, 353
117, 042
458
.092
202, 235
105, 156
809
.091
113, 173
60, 952
772
.089
57, 291
88, 768
909
.087
65, 154
3,634
3,205
1.598
2,084
4,469
1.503
1,946
4,322
1.645
1,714
5,376
1.731
i 26 388
1,858
4,838
1.676
725
3,980
1.632
245
2,971
1.364
431
2,075
1.352
3,348
3,618
1.361
727
2,732
1.362
748
2,993
1.346
r
75, H4
336 130
46, 870
28, 534
160, 812
1 148 272
219, 111
216, 633
180,518
169, 448
85, 359
64, 533
r 57 042
39 923
249, 817
129 233
546 151
48 866
34, 732
2.319
2.150
2.163
2.218
2.350
2.204
2.245
2.256
i 1, 288. 4
i 298. 3
i 990 1
30. 397
289 210
17, 923
14, 067
36, 604
280 286
155,367
142, 276
150, 165
125, 504
130, 737
578 863
124, 656
181,917
166, 144
859 077
166, 348
46 481
35 919
30 916
19, 756
203, 984
103, 377
381 667
39 096
25, 917
40 088
29, 123
41 241
30, 771
148, 287
63, 229
239, 315
' 38 724
32, 358
2.387
2.226
2.263
2.282
2.473
2. 282
2.359
2.367
2.397
2.287
2.444
2.308
2.351
2.250
2.294
2.286
2.337
2.196
2.287
2.246
2.348
2.241
2.329
2.278
206, 600
' 1, 772
4,091
1.454
.084
2 18, 831
3,131
6,170
1.384
2 1, 129. 1
2 234. 2
2 894. 9
76, 031
49, 082
64, 749
286 356
118,551
89, 097
86, 400
114, 242
70, 146
293, 272
128, 158
54, 488
116, 806
234, 493
260, 412
28 991
23, 020
r 46 521
40, 617
65, 119
30, 600
65, 598
36, 392
30, 313
31,625
24, 789
2.342
2.260
2.366
2.285
2.328
2.221
2.344
2.254
2.367
1.951
1.828
2.160
2.379
2.004
1.872
2.096
27, 560
r
130, 305
2.285
2.060
1.885
2. 185
Wheat flour:
Production:!
18, 994
19, 969
20, 116
20, 391
17, 333
22, 695
22, 620
17, 187
23, 619
24, 380
23, 099
20, 000
25, 171
Flour
thous. of sacks (100 lb.)-.
59.2
65.3
74.1
64.1
56.3
66.1
74.1
82.2
74.6
63.5
79.9
79.9
81.8
Operations, percent of capacity
_
390, 721
333, 615
380, 597
431, 000
381, 285
392, 149
337, 890
455, 000
429, 293
466, 000
405, 000
438, 000
Offal
short tons.. 482, 000
46,
344
44,
222
45,
779
39,
581
39,990
52,
892
51,816
46,
910
46,
600
54,
291
51,986
57,
907
55,891
Grindings of wheatf
- -thous. of bu _
Stocks held by mills, end of month
4,500
4
802
5,118
5,428
thous of sacks (100 Ib )
r
2,609
4, 717
2,676
2,727
3,007
2,873
4,713
5,897
4,847
6,317
7 520
5,038
Exports
do
Prices, wholesale:
Standard patents (Minneapolis)
5.255
5.512
5.575
5.469
5.712
5.445
5.269
5.775
5.750
5.400
5.588
5.595
5.340
dol. per sack (100 Ib.)
4.915
5.231
5.119
4.869
5.135
4.980
4.938
4.869
5.194
5.106
5.140
Winter, straiehts (Kansas CitvL.-do
5.181
5.131
2
3
* Revised. 1 December 1 estimate. September 1 estimate. No quotation.
IThe total includes wheat owned by the Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the^break-down of stocks.
t Revised series. Data for rough rice, included in rice exports, have been revised using a new conversion factor supplied by the U. S. Department of Agriculture, which takes into account changes in milling practices; revisions beginning 1933 are available upon request. Revised data beginning January 1947 for wheat-flour production and grindings of wheat will be published later.
SURVEY OF CURRENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-29
1949
1948
August
September
October
November
December
January
February
March
April
May
July
June
August
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK
Cattle and calves:
Slaughter (Federally inspected) :
Calves
thous. of animals
Cattle _
-_do
Receipts, principal markets _
___ _ do
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
dol. per 100 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 1001b__
Hog-corn ratio
bu. of corn equal in value to 100 Ib. of live hog.
Sheep and lambs:
Slaughter (Federally inspected)
thous. of animals..
Receipts, principal markets _ _
. ___do
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
dol. per 100 lb._
Lambs, feeder, good and choice (Omaha) -do
569
1,086
2,311
221
599
1,178
2,548
390
633
1,176
2,722
606
614
1,151
2,511
461
572
1,197
1,855
195
484
1,128
1,786
94
476
994
1,526
72
619
1,102
1,895
126
562
996
1, 733
100
510
1,025
1,827
92
533
1,095
1,896
140
501
1.090
1,833
164
549
1,232
2,740
384
35.22
27.40
29.30
34.03
25.42
30.25
32.05
24.41
30.75
30.71
24.52
30.80
26.78
23.26
30.75
24.35
22.15
32.50
22.25
21.25
30.38
24.14
24.37
27.63
24.20
23 66
27.94
24.88
24.02
26.45
26.47
22.53
25.94
25.86
20.62
24.88
26.28
20.06
25.70
2,440
1,706
2,836
1,844
4,098
2,361
5,425
3,272
6,089
3, 528
5,377
3,316
4,080
2,562
4,315
2,615
3,894
2,471
3,721
2,438
3,745
2,406
3, 165
' 2, 072
3, 415
2,314
26.89
27.75
25.48
22.68
21.01
19.46
19.44
20.16
18.32
18.49
19.08
18.23
19.09
'14.1
15.3
17.8
18.0
17.2
16.1
17.5
16.9
15.2
14.7
15.5
15.4
16.4
1,264
1,932
229
1,464
2,612
495
1,632
2,512
548
1,444
1,786
367
1,329
1,439
133
1,235
1,386
151
1,046
1,092
74
949
845
61
676
824
63
761
1,243
163
898
1,164
138
976
1, 202
144
1,126
1,650
335
27.00
25.97
23.88
23.18
22.12
22.12
25.12
23.01
25.12
23.31
24.75
G)
24.75
0)
30.50
0)
29.50
C1)
29.25
C1)
27.12
0)
24.50
C1)
23.62
22.66
1,149
668
35
1,229
492
38
1,432
449
34
1,691
612
28
1,890
879
64
1,757
1,049
46
1,408
1,083
52
1,519
1,018
68
1,353
930
103
1,362
779
76
1,438
716
97
1,358
'643
65
1,441
518
599, 674
75, 692
1,777
650, 370
80, 587
2,203
640, 225
97, 705
949
635, 429
126, 287
447
671, 468
170, 581
1,928
649, 195
170, 784
935
583, 486
158, 240
984
664, 174
143, 137
1,556
606, 020
119,431
1,509
623, 536
94, 035
1,302
645, 249
81, 148
1,227
.584
.562
.516
.489
.443
.406
.368
.392
.404
.410
.433
47, 548
19, 571
43, 156
14, 268
30, 761
9,864
33, 561
7,007
37, 427
6,761
r
MEATS
Total meats (including lard):
Production (inspected slaughter)
mil. oflb
Stocks, cold storage, end of month
_ do _
Exports
do
Beef and veal:
Production (inspected slaughter)
thous. oflb._
Stocks, cold storage, end of month
do
Exports
__ _
.
do .
Price, wholesale, beef, fresh, steer carcasses, good
(600-700 Ibs.) (New York)
dol. per lb_.
Lamb and mutton:
Production (inspected slaughter)
thous. of l b _ _
Stocks cold storage, end of month
do
Pork, including lard, production (inspected
slaughter)
thous of Ib
Pork, exluding lard:
Production (inspected slaughter)
do _
Stocks cold storage, end of month
do
Exports
-_-do.
Prices, wholesale:
Hams, smoked (Chicago)
dol. perlb..
Fresh loins, 8-10 Ib. average (New York)_do
Miscellaneous meats and meat products, stocks, cold
storage, end of month:
Edible offal
thous. of Ib
Canned meats and sausage and sausage-room
products
thous. of Ib
Lard:
Production (inspected slaughter)
do
Stocks, cold storage, end of month
do
Exports
do
Price, wholesale, refined (Chicago) __.dol. per lb_.
638, 252 716, 737
' 75, 627 72, 400
1,482
.431
438
40, 975
48, 257
' 6, 651 6,594
61, 783
10, 478
67, 469
16, 296
496, 236
517, 028
724, 580
993, 960 1, 159, 741 1, 052, 632
777, 258
811, 293
715, 895
704, 543
754, 870
678, 466
675, 735
372, 166
359, 794
2,273
397, 380
234, 909
1,773
558, 733
203, 163
1,879
752, 254
310, 706
1,813
851, 366
469, 153
3,345
762, 355
585, 215
3,027
563, 446
611, 123
3,076
593. 593
586, 429
2,943
527,859
545, 231
3,866
517, 974
466, 108
5,855
556, 838
495, 142
419, 590 ' 367, 043
12, 105
6,102
500, 186
278, 151
.658
.682
.669
.675
.586
.595
.570
.456
.579
.415
.571
.429
.546
.457
.570
.502
.550
.518
.520
.515
.556
.533
43, 843
36, 389
34, 690
42,312
58, 081
64, 021
62, 136
61, 269
58, 535
54, 707
55, 322
r
56, 671
54, 800
38, 993
32, 607
30, 270
32, 446
38, 863
46, 065
51, 980
55, 683
58, 348
50, 941
49, 570
'41,209
35, 429
90, 594
139, 751
16, 806
.241
87, 107
96, 587
14, 512
.240
120, 682
66, 526
16 525
.234
176, 282
77, 021
15, 117
.216
225, 748
116, 397
41, 112
.195
212,810
160, 610
33, 821
.171
156, 573
179, 628
42, 517
.152
159, 474
156, 782
55, 604
.152
137, 441
138, 216
92, 304
.136
136, 470
125, 823
63, 282
.147
144, 798
103, 890
76, 508
.136
134, 178
r 96, 255
52, 293
.132
128, 257
71, 116
31, 520
88, 234
.336
41, 724
108, 368
.332.
45, 188
154, 617
.300
63, 536
171, 472
.306
54, 511
160, 834
.346
22, 069
148, 418
.340
19, 959
131, 496
.328
24, 937
108, 732
.353
26, 798
89, 205
.339
31, 644
77, 823
.298
38, 054
74, 733
.268
34, 769
'71,261
.241
38, 991
82, 825
.260
3,906
5,926
3,516
3,873
3,497
2,384
3,456
927
4,008
554
4,567
2,431
4,815
6,846
6,137
13, 993
6,105
13, 285
5,845
7,875
4,905
7,640
4,334
6,118
3,853
3,963
4,608
233, 431
3,290
200, 968
1,685
169, 287
444
139, 298
159
104, 932
152
71, 532
144
58, 621
530
77, 319
954
107, 058
1,943
141, 361
.531
.565
.645
.636
.547
.463
.435
.451
.483
.483
.493
.533
.559
47, 260
66, 164
78, 074
77, 293
64, 926
55, 187
51, 876
55, 507
43, 851
34, 642
36, 028
25, 580
40, 928
21, 082
.442
7,935
.404
11,898
.402
13, 958
.391
24, 698
.317
13,863
.266
23, 276
.203
44, 434
.185
26, 698
.199
24, 963
.190
32, 103
.187
21, 845
.211
.226
1, 328
943
915
1,342
1,691
1,099
913
1,412
1,827
1, 388
1,103
1,716
1, 844
1,295
1,259
1,851
1,805
1,198
1,082
2,560
1,214
843
1,036
2,113
1,359
890
929
1,667
1,488
1,058
1,127
2,086
1,294
811
906
1,782
1,572
942
796
1,477
1,326
906
808
1,685
1.672
933
8r,9
1,689
1,868
1,129
796
.268
.265
.268
.276
.272
.270
.268
.265
.261
.270
.272
.277
.284
56, 838
140, 161
54, 418
148, 049
49, 699
158, 008
29, 535
150, 974
28, 077
127, 635
29, 033
104, 138
40, 750
82, 722
49, 612
74, 940
* 69, 890
91, 453
71,117
114,031
66, 145
127, 217
146, 344
53, 389
9,847
61, 663
23, 305
58, 335
26, 209
55, 520
22, 466
r
.586
.546
.613
.558
.166
POULTRY AND EGGS
Poultry:
Receipts, 5 markets
_
_. thous. o f l b
Stocks, cold storage, end of month
do
Price, wholesale, live fowls (Chicago) -dol. per lb._
Eggs:
Production, farm
_ _ millionsDried egg production
_ thous. of lb._
Stocks, cold storage, end of month:
Shell
thous . of cases. _
Frozen
_
_ thous. of lb..
Price, wholesale, extras, large (Chicago) f
dol. per doz_.
2,290
1,450
'1,936
166, 582 ' 168, 394 147, 148
MISCELLANEOUS FOOD PRODUCTS
Candy, sales by manufacturers
thous. of doL.
Cocoa:
Imports
_
__
- long tons .
Price, wholesale, Accra (New York)._dol. perlb..
Coffee:
Clearances from Brazil, total
thous. of bags..
To United States
do
Visible supply, United States
do
Imports
__
.
do
Price, wholesale, Santos, No. 4 (New York)
dol. per Ib..
Fish:
Landings fresh fish, 5 ports
thous. o f l b
Stocks, cold storage, end of month
do. 1
68, 755
135. 928
' Revised. No quotation.
fRevised series. U. S. Department of Agriculture data replace the series for U. S. standards published in previous issues of the SURVEY. Data begining July 1943 are available upon
request.
SUEVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
October
August
No v e m
b er -
January
February
March
April
May
June
July
August
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons__
United States:
Deliveries and supply (raw basis) :
Production and receipts:
Production
short tons
Entries from off-shore
do
Hawaii and Puerto Rico _. _ do__
Deliveries, total
do
For domestic consumption
do
For export
do
Stocks, raw and refined, end of month
thous. of short tons__
Exports, refined sugar
short tons
Imports:
Raw sugar, total
do
From Cuba
do
From Philippine Islands cf
do
Refined sugar total
do
From Cuba
do
Price (New York):
Raw, wholesale
_-_dol. per lb._
Refined:
Retail
_
do
Wholesale
do
Tea imports
thous. of Ib
TOBACCO
Leaf:
Production (crop estimate)
mil. of Ib...
Stock, dealers' and manufacturers', end of quarter,
total
mil of Ib
Domestic:
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil of Ib
Foreign grown:
Cigar leaf
do
Cigarette tobacco
do
Exports including scrap and stems
thous of Ib
Imports including scrap and stems
do
Manufactured products:
Production manufactured tobacco total do
Chewing plug and twist
do
Smoking
do
Snuff
do
Consumption (withdrawals) :
Cigarettes (small):
Tax-free
millions
Tax-paid
_
. do _
Cigars (large), tax -paid
thousands
Manufactured tobacco and snuff, tax-paid
thous. of Ib...
Exports cigarettes
millions
Price, wholesale (composite), cigarettes, f. o. b.,
destination
dol. per thous
2,243
1,714
1,194
919
409
434
1,091
2,490
3,728
3,678
3,215
2,599
2,022
42, 368
498, 295
85, 122
901, 306
893, 070
8,236
102, 233
594, 859
232, 575
618, 072
609, 298
8,774
505, 601
482, 660
238, 358
543, 215
531,924
11, 291
636, 652
239, 064
18, 865
576, 922
571, 618
5,314
275, 318
210, 060
79, 992
564, 079
556, 439
7,640
125, 201
245, 436
56, 243
563, 238
558, 390
(i)
681, 532
225, 273
619 578
611, 382
8 196
(i)
567, 829
236, 686
537 449
535, 102
2 347
(i)
577, 439
156, 084
608 479
604, 698
3 781
0)
509, 595
123, 322
792, 936
789, 878
3,058
(i)
471 237
84, 350
747 453
743 698
3 755
43, 899
642, 038
132, 227
924, 533
921, 391
4,848
54, 358
485, 090
138, 038
504, 622
503, 222
1,400
'828
4,292
891
7, 293
1,266
7,612
1,533
3,186
1,493
8,447
1,348
3 149
1,416
3 389
1,442
3 019
1,525
1 132
1,492
1 863
1,252
1,897
956
1 879
617
397, 341
354 566
37, 531
40 753
38, 753
283, 798
247, 809
30, 569
31 801
31, 801
236, 329
199, 787
23, 576
40 260
40, 260
134, 306
121, 292
3,500
8, 330
8,330
214, 014
205, 456
5,600
1
189, 969
167 014
15, 236
6 452
383, 040
327 282
50, 849
68 585
68, 147
317, 789
263 275
52, 845
42 328
41, 820
382, 265
267 999
114, 266
25 951
3,242
6,450
313, 176
287, 966
25, 176
26 204
25, 950
25,901
346, 885
253, 342
88, 409
39, 180
36, 555
.058
.057
.056
.057
.056
.057
.056
.057
.056
.058
.059
.058
.059
.092
076
8,851
.092
.076
3,781
.092
.076
6,680
.092
.076
4,001
.092
.076
9,332
.092
.078
.092
.078
.093
.093
.093
.078
.093
.078
8,411
.093
.093
.077
7,670
7,606
078
8,128
079
9,774
7,465
342
232
104
23
23
089
097
072
401
398
077
6,129
3 1, 994
r 2 1, 982
3,549
3,875
3,509
3 851
338
307
345
367
3,074
3,416
3 350
2,970
24
128
44 165
7,943
25
112
47, 855
7,756
36, 260
7,713
21, 711
6,838
57, 773
46 949
6,035
21 610
8 878
9,390
3 342
22 816
8,679
10, 666
3,471
23 999
8,805
11, 743
3,451
20, 461
8,386
8,721
3,354
17, 517
7,152
3,547
34, 192
505, 228
4,104
29, 983
544, 856
4,030
31, 079
529, 971
2,736
29, 075
553, 755
3,185
24, 897
440, 267
27, 967
438, 286
21, 201
2 025
23, 157
2,545
23, 816
2 952
19, 527
1 674
16, 492
2 368
6.862
6.862
6.862
6.862
6.862
22
134
7,209
36 167
6,713
25 155
18, 031
7,218
17 576
23
149
22 249
9,287
6,905
20 400
7,521
33, 402
8,217
30, 563
20 880
7,618
18 729
20 591
21, 740
16, 625
6,918
7,311
9,567
3 695
6,940
8,535
3,254
25, 024
410, 170
3,168
31, 448
457, 149
18, 214
1,280
17, 138
1,237
6.862
7,226
6,606
10, 120
3,246
8,558
9,747
3,435
3,568
3,172
30, 691
428, 35T
3,236
27, 307
428, 452
32, 849
519, 509
2,155
25, 806
422, 496
3,041
p 35, 347
516, 208
20, 490
1 649
18, 392
2 446
20, 362
1,937
20, 583
1,611
16, 625
1,449
22, 869
6.862
6,862
6.862
6.862
6.862
6.862
6.862
9,900
67
97
2,722
925
10, 281
10, 714
15, 302
11, 942
14, 082
1,011
82
147
2,497
885
.410
.267
.398
.267
.385
.229
.421
.209
6,830
3,535
6,768
7,548
3,260
7,386
3,427
2,208
2,570
2,396
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports total hides and skins
thous of Ib
Calf and kip skins
thous of pieces
Cattle hides
do
Goatskins
do
Sheep and lamb skins
do
Prices, wholesale (Chicago):
Calfskins, packers', 8 to 15 lb.
dol. per Ib
Hides, steer, packers', heavy, native
do
15, 394
23
118
2,710
1,946
15, 338
11, 091
12, 355
2,611
3,144
3,181
897
1,480
2,831
.388
.291
.390
.289
.381
.269
.394
.295
92
92
50
85
105
127
14, 320
51
104
3,433
13, 738
67
65
3,221
977
1,477
2,629
44
103
4,005
965
.422
.200
.414
.213
.398
.214
58
85
3,294
47
53
3,631
23
27
3,319
2,711
.385
.209
.410
.238
LEATHER
Production:
886
766
894
905
1,053
943
797
877
935
854
947
571
Calf and kip
thous of skins
2,124
1,942
2,142
2,049
2,239
2,073
1,891
1,976
2,155
2,163
1,568
2,187
Cattle hide
thous. of hides
2,982
2,764
3,232
2,859
3,018
2,364
3,106
3,048
3,013
3,457
2,985
2,776
Goat and kid
thous of skins
2,154
2,214
2,665
2,564
2,419
1,834
2,743
2,729
2, 537
2,463
3,193
2,850
Sheep and lamb
do
Exports:
Sole leather:
314
466
44
189
6
56
93
34
12
37
57
87
Bends, backs, and sides
thous. of lb
185
5
122
704
151
116
527
890
106
50
60
127
Offal including belting offal
do
6,314
1,714
6,939
6,035
3,329
3,113
3,153
3,676
2,906
2,085
2,811
2,159
Upper leather
thous. of sq. ft
Prices, wholesale:
.555
.632
.674
.657
.592
.578
.578
.568
.642
.681
.564
.663
.701
Sole, bends, steer, f. o. b. tannery
dol. per lb__
Chrome calf, black, B grade, composite
.975
1. 051
1.036
1.025
1.024
1.046
1.023
1.013
1.026
1.030
1.016
1.026
dol. per sq. ft._
1.047
* Revised.
» Preliminary.
1 Corrected monthly figures
are not available; January-July 1949 total (including revisions for January and February) is 218,055 short tons.
2 December 1 estimate. 3 September 1 estimate.
c? This series continues data in the 1942 STATISTICAL SUPPLEMENT to the SURVEY; there were no shipments for 1942 to 1947 except for January, February, and May 1942 (12,136,1,120, and
8 618 short tons, respectively). Data for 1948 not shown above are as follows (short tons): January, 16,016; February, 17,164; March, 20,674; April, 5,595; May, 23,079; June, 38,989; July, 18,498.
SURVEY OF CURRENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-31
1948
August
September
October
1949
November
December
January
February
March
April
May
June
July
38, 509
33, 031
August
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers :§
Production, total..
thous. of pairs. _
Shoes, sandals, and play shoes, except athletic,
total
thous. of pairs
By types of uppers :d*
All leather
do
Part leather and nonleather
do
By kinds:
Men's
do
Youths' and boys'-. _
_ _ .do _ _ .
Women's
do
Misses' and children's
do __
Infants' and babies'
do
Slippers for housewear
do
Athletic
do
Other footwear
do
Exports.
_--._.. do
Prices, wholesale, factory, Goodyear welt, leather
sole:
Men's black calf oxford, plain toe dol. per pair
Men's black calf oxford, tip toe
do
Women's black kid blucher oxford
do
41, 357
42, 081
39, 050
34, 691
35, 508
36, 921
37, 089
44, 818
37, 626
35, 098
T
36, 418
36 486
33 048
28 618
31 639
34 327
34 180
41 266
34 262
31 429
r 34 152
28 890
33, 995
2,386
33, 933
2,558
31, 288
1,830
27, 127
1,599
30, 110
1,567
32, 267
2,058
31,697
2, 506
38, 037
3, 183
31, 171
4,454
28, 018
3 351
32, 622
5,911
26, 360
2,580
8,838
1,714
18, 368
4,454
3,044
4,272
9,269
1,858
17, 976
4,348
3,035
4,900
7,813
1,438
12, 873
3,802
2,692
5,477
8,901
1,319
13, 875
4,520
3,024
3,357
8,677
1,181
16 485
4,829
3, 155
2,177
8,141
1,077
17, 151
4,629
3 182
2,497
9, 623
1,407
20, 818
5,634
3 784
3,068
7,790
1,209
17, 537
4,497
3 229
2,931
' 7, 283
387
308
513
8,625
1, 635
15,812
4,052
2,924
5,368
339
295
502
'8 431
' 1, 639
16 748
' 4, 267
'3
067
r
3, 877
225
287
6 386
1,464
15 276
3,541
2 223
3,706
220
215
334
10. 143
6.750
5.150
10. 143
6.750
5.150
9.653
6.750
5.150
9.653
6.600
5.150
9.653
6. 600
5. 150
* 60, 234
121 014
i 44, 549
100 176
2 247
2,778
426
2,352
2, 729
368
2,361
2,432
413
2,019
2,371
379
1,992
2,938
471
2,468
2,901
450
2,451
7, 914
2,603
5,311
372
295
726
9. 947
6.750
5.150
313
283
278
271
241
608
236
181
324
9.653
6.750
5.150
227
185
328
9.653
6.750
5.150
9.653
6.750
5.150
261
223
358
9.653
6.750
5.150
' 1, 217
216
217
392
16 149
3, 956
2 824
3,212
246
211
323
9.653
6.750
5.150
9.653
6.600
5 150
r
r 255
r
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports, total sawmill products 1
M bd. ft Imports total sawmill products
do
National Lumber Manufacturers Association:
Production, totalj
mil. bd. ft _
Hard woods J
do
SoftwoodsJ
..do
Shipments total J
do
Hard woods J
_ _do
SoftwoodsJ
do
Stocks, gross (mill and concentration yards), end
of month, total!
mil. bd. ft__
HardwoodsJ
_do
SoftwoodsJ
do
' 60, 256 ' 26, 423 ' 28 623 ' 29, 003
184 106
178 560
148 352
151 073
r
' 57, 641
126 299
1
45 092
94 181
1
1
51 421
98 673
i 54, 613
123 435
49, 924
103 852
2,613
1
59, 784
117 351
3, 445
' 731
2, 714
3, 246
'681
2 565
' 3, 234
'697
' 2, 537
' 2, 981
'599
' 2 382
' 3, 183
' 710
' 2, 473
'2 937
'633
' 2 304
' 2, 815
'620
' 2, 195
' 2, 540
'582
' 1, 958
' 2, 541
' 539
' 2, 002
' 2 318
'485
' 1 833
2,258
609
1,649
2 220
576
1 644
2,057
450
1,607
1 946
1 568
2,658
568
2,090
2,533
463
2 070
6, 349
2, 051
' 4 298
' 6, 614
' 2, 147
' 4, 467
' 6, 888
' 2, 229
' 4 659
' 7, 140
' 2, 253
' 4 887
' 7, 411
' 2, 303
' 5 108
7,455
2 338
5 117
7,515
2 406
5 109
7,679
2,512
5 167
7,671
2 482
5 189
7,743
2,490
5 253
7,776
2,548
5,228
7,859
2,582
5 277
35, 445
9,311
26, 134
5,091
1,565
3,526
6,947
807
6,140
5,427
379
5,048
24, 572
7 970
16, 602
25, 943
12 326
13, 617
28, 914
17, 407
11, 507
24, 231
11 837
12, 394
29, 617
4,307
25, 310
27, 606
9,681
17, 925
20, 594
4 852
15, 742
r
r
r
r
r
Q7C
377
2,236
2 625
407
2 218
2,731
414
2,317
2,653
406
SOFTWOODS
Douglas fir:
Exports, total sawmill products __ _ M bd. ft
Sawed timber
do
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, No. 1, common, 2" x 4" x 16'
dol. per Mbd. ft._
Flooring, B and better, F. G., I" x 4", R. L.
dol. per Mbd. ft..
Southern pine:
Orders new
mil. bd ft
Orders, unfilled, end of month
do
Production
_ _
. do__
Shipments
do
Stocks, gross (mill and concentration yards), end
of month
mil. bd. ft
Exports, total sawmill products __
M bd. ft
Sawed timber
do
Boards, planks, scantlines, etc_
do
Prices, wholesale, composite:
Boards, No. 2 common, 1" x 6" or 8" x 12'
dol. per M bd.ft..
Flooring, B and better, F. G., 1" x 4" x 12-14'
dol. per M bd. ft..
Western pine:
Orders new
mil bd ft
Orders, unfilled, end of month
do
Production^
_
__do
Shipments J
do
Stocks, gross, mill, end of month
do
Price, wholesale, Ponderosa, boards, No. 3 common 1" x 8"
dol per ]V bd ft
West coast woods:
Orders, new
mil. bd. ft
Orders, unfilled, end of month
__do_. Production
do
Shipments
- _ _
do__ _
Stocks, gross, mill, end of month. __ ._ do _ _
32. 863
8,836
24, 027
75. 240
75. 240
75. 240
75. 240
70. 785
66. 330
67. 815
68. 310
68. 310
68. 310
67. 568
64. 680
63, 896
133. 650
133. 650
133. 650
133. 650
133. 650
133. 650
133. 650
128. 700
127. 958
122. 562
118.058
114. 660
114. 660
738
660
725
690
697
913
340'
r
804
491
'812
' 744
'766
'792
460
372
'798
-•781
'790
'795
'716
'681
332
732
645
303
694
626
282
598
560
307
706
713
1,612
7,291
1, 688
5,603
1, 586
6,762
1,861
4,901
1,581
8,076
1,794
6,282
1,616
11,672
2,532
9,140
1,703
9,842
1,743
8,099
1 771
9,076
2 555
6,521
1 809
9,299
3 218
6,081
1,802
11,390
4 330
7,060
511
' 593
605
597
539
276
661
691
261
728
740
1,772
7,346
2 930
4,416
1,760
10, 202
3,797
6,405
228
703
723
247
670
678
1,740
9,848
3,457
6,391
1 732
9,028
3 016
6,012
744
820
1, 656
73.063
71.869
71.815
70. 289
69. 872
67. 292
65. 400
64. 167
62.001
60. 380
59.033
59. 479
61. 173
151.906
152. 881
152. 852
152. 764
152. 151
149. 144
148. 409
146. 650
144. 513
142.865
139. 374
139. 200
136. 484
18
334
306
568
684
643
673
511
457
545
728
827
723
699
775
745
652
618
1,386
1,479
1,590
1,664
1,675
1,599
1,548
1,529
1,586
1,644
78.04
72.09
71 03
69 93
69 59
68 00
68 05
67.48
66 80
65.84
694
'630
'799
'768
'702
618
586
738
654
790
565
496
714
659
849
641
547
526
541
966
621
610
577
559
940
770
650
761
743
979
705
584
743
760
981
173,009
170,485
47, 453
178, 963
172, 958
53, 356
183 486
180, 626
54, 941
118 284
107, 837
75, 894
143 180
133,192
84, 534
176 061
179,021
81, 526
153 516
158, 279
76, 148
T
592
702
591
611
581
499
'484
'429
' 651
'550
'932
438
638
422
411
' 592
'448
'609
'573
'983
589
223
299
531
238
288
466
381
400
492
579
523
498
619
561
539
712
643
1,713
607
628
578
1,763
629
721
6551,829
65.20
62 54
59.21
642
524
709
701
984
646
403
683
751
904
612
476
513
534
903
794
570
735
720
936
154, 677
152, 137
77,811
151, 386
160, 856
68. 742
96 538
102 578
62, 947
SOFTWOOD PLYWOOD
Production
thous of sq ft , ?6" equivalent
Shipments
do
Stocks, end of month
do . .
172,151
160, 833
64, 670
155, 286
156,013
63, 688
HARDWOOD FLOORING
Maple, beech, and birch:
4,299
3,925
3,925
5,000
3,950
3,400
5,050
3,475
4,025
Orders, new
M bd. ft
5,800
4 275
4, 200'
4,250
7,575
7, 325
6,872
15, 050
10,025
15, 675
13, 350
12,000
Orders, unfilled, end of month
do
8 500
9 300
8,750
6 300
6 875
6,225
5,875
6,275
4,175
4,275
5,246
5,550
Production
do
5,000
6,000
4,200
4, 900
4,200
4 650
6, 375
3,675
4.651
4,900
4.925
5.200
5,800
4,700
3,950
3,900
3,700
4,550
Shipments
_
- - - do. .
4,000
Stocks, mill, end of month
do. _.
8,843
5,775
6,825
7,425
8,550
7,725
5, 900
8,000
7,300
7,850
4,500
9, 700,
9.300
f
Revised. *> Preliminary. * Beginning 1949, data include some treated sawed timber which cannot be segregated.
§1948 data for production of shoes and slippers have been revised; revisions January-July are shown in the September 1949 SURVEY on p. S-31.
cfThe figures include a comparatively small number of "other footwear" which is not shown separately from shoes, sandals, etc., in the distribution by types of uppers; there are further
small differences between the sum of the figures and the totals for shoes, sandals, and play shoes, because the latter, and also the distribution by kinds, include small revisions not available
by types of uppers. JSee note at the bottom of p. S-38 of this issue regarding revised lumber series.
SUKVEY OF CUKEENT BUSINESS
S-32
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
August
September
October
November
December
January
February
March
April
May
June
July
62, 722
30 229
58 250
61, 691
62 791
August
LUMBER AND MANUFACTURES—Continued
HARDWOOD FLOORING— Continued
Oak:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks, mill, end of month
_
M bd. ft _
do
do
. _ _ do __
do
71, 440
55, 098
76, 290
74, 476
24, 379
67, 943
51, 209
76, 000
71, 831
28, 548
62, 568
45, 223
74, 422
70, 951
32, 019
58, 507
41, 161
73, 784
66, 185
39, 618
51, 806
34, 730
67, 849
58, 237
49, 230
54, 851
32, 389
62, 043
56, 378
54, 895
50, 086
32 964
54, 460
51, 204
58 151
61, 264
34 744
65, 504
64, 869
58 786
54, 156
34 933
61, 441
60, 360
59, 867
58, 749
31,879
64, 409
61, 803
62, 473
56, 876
31. 908
66, 584
62, 825
66, 232
78, 066
35 029
70, 606
73, 266
57, 135
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.) :
Exports, total
short tons
Scrap
__do
Imports total
do
Scrap
-do_ _.
343, 673
10, 844
67, 741
26, 449
326, 221
11, 073
129, 400
72, 034
5,309
2,603
2,706
5,389
1,401
3,988
496
181
035
598
281, 097
27, 498
119 611
70, 886
463, 376
16, 010
181 716
76, 214
436, 255
9,971
284 142
162, 435
386 939
10, 157
293 209
198 046
455, 940
12, 244
298 844
233, 225
565, 140
33, 217
184, 289
118, 839
553, 950
53, 114
161, 729
127, 679
599, 093
50, 866
109 133
91, 838
5,410
2,718
2,692
5,601
1, 505
4,096
5, 783
2 914
2 869
5 675
1 511
4 164
5,656
2,867
2,789
5,792
1,491
4,301
5,615
2,819
2,796
6, 065
1,550
4, 515
5,759
2,915
2,844
6,030
1,485
4,545
5, 346
2 658
2,688
5 882
1,403
4 479
5,925
2,976
2,949
5,842
1,466
4,376
5,223
2,722
2,501
5,771
1,555
4,216
4,968
2,719
2,249
5,745
1,626
4,119
4,398
2 500
1,898
5 824
1,751
4 073
3,800
2,241
1,559
5,748
1,820
3,928
12, 748
12, 492
6,605
11, 942
12, 204
6, 353
10 003
11 150
5 206
8,577
9,329
4,455
3,675
2,698
5,433
2 920
1,498
6,835
2 882
1 610
8,107
4 335
2,799
9,643
9 889
10, 910
8,623
11 865
12, 549
7,939
12 923
13, 750
7,112
12 531
13, 696
6,172
11 986
12 582
5, 576
11, 735
7,036
37, 081
33, 236
3,845
571
10, 599
6,965
40, 923
36, 658
4,265
541
10
7
43
38
5
029
273
883
619
264
955
7,239
7,058
45, 160
39, 470
5,690
630
501
7,351
39, 460
34, 557
4,903
388
0
7,590
31, 904
27, 882
4,022
371
0
6 992
24, 981
21 811
3,170
391
499
7,735
17, 308
15, 050
2,258
386
8,868
7 322
17, 803
15 770
2,033
560
11, 656
7,277
21, 508
19, 273
2,235
650
12, 162
6,249
27, 696
24, 957
2,739
642
12, 768
5 258
35, 064
31 493
3,571
946
11,315
5 711
40, 811
36 084
4,728
48
38
55
35
58
43
55
48
38
37
60
42
2,599
1, 051
598
2, 587
1,088
616
2, 523
1 148
642
2,407
1,100
606
2,284
1,111
625
2,065
1,040
573
1,857
987
535
1,639
1,075
567
1,446
929
467
1,243
867
439
1,087
906
455
1,032
697
342
1,048
872
446
37, 604
176, 824
73, 272
41, 201
31, 163
164, 002
77, 815
43, 985
654
351
761
305
30, 312
146, 422
77, 194
42, 241
34, 360
137, 385
79, 882
43, 397
26, 948
126, 393
71, 876
38, 040
26, 999
118 318
66, 744
35 074
22, 204
102, 379
72, 052
38, 143
24, 307
94, 958
61. 329
31 728
11, 629
78, 944
54, 572
27, 643
23, 560
69, 865
59, 597
32, 639
24, 147
70 796
44, 360
23 216
20, 861
61, 330
58,121
30, 327
5,255
5,216
5,208
5,180
5,520
5 491
5,399
5,344
5,595
5,420
5,732
5,610
5, 223
5,135
5,820
5,771
5,531
5,406
5,517
5,290
4,819
4,573
4,173
4,054
4,477
377
19
162
77
668
184
56
52
053
052
133
359
Iron and Steel Scrap
Consumption, total
thous. of short tonsHome scrap
do __
Purchased scrap
__.
do__ _
Stocks, consumers', end of month, total
do
Home scrap
__do
Purchased scrap
do
Ore
Iron ore:
All districts:
Production
thous of long tons
Shipments
do
Stocks, end of month__
__ __do_ _
Lake Superior district:
Shipments from upper lake ports. __ _ _ _ _ d o _ _
Consumption by furnaces
do
Stocks, end of month, total
do_ _
At furnaces
do
On Lake Erie docks
do
Imports
do
Manganese ore, imports (manganese content)
thous of long tons
Pig Iron and Iron Manufactures
Castings, gray iron:
Unfilled orders for sale
thous. of short tons__
Shipments, total
_ _ __do
For sale
do
Castings, malleable iron:
Orders, new, for sale
..short tons__
Orders, unfilled, for sale
do
Shipments, total
_ do_. _
For sale
do
Pig iron:
Production
thous. of short tons__
Consumption
_ _ .. ._do_ __
Stocks (consumers' and suppliers'), end of month
thous. of short tons..
Prices, wholesale:
Composite
dol. per long ton..
Basic (furnace)
• .
__do__
Foundry, No. 2, f. o. b. Neville Island do
38
158
81
44
913
976
1 049
1,043
1,212
1,262
1,295
1,350
1,525
1,775
1,942
2,013
45.32
43.00
45.70
45. 44
43.00
46.50
47.00
45 63
46 50
47.59
46.00
46.50
47.59
46.00
46.50
47.65
46.00
46.50
47.67
46.00
46.50
47.67
46.00
46.50
47.55
46.00
46.50
46.62
46.00
46.50
46.62
46.00
46.50
46.62
46.00
46 50
46.62
46.00
46.50
140, 223
107, 538
35, 056
149, 222
112, 551
36, 457
152 983
114 819
38 833
146, 835
110, 275
36, 014
157, 395
116, 285
38, 730
140, 577
103, 503
31, 891
135, 042
99, 425
32 545
138, 889
102, 027
30, 313
119,953
83, 277
23,834
106, 178
75, 537
22, 165
116 052
84, 112
26, 940
78 710
50 124
14 625
89 964
59 412
13 348
634, 148
521,205
112, 943
111, 097
79, 212
31, 885
631, 032
520, 585
110, 447
120, 882
87, 075
33, 807
604 715
495, 672
109 043
123 161
88 198
34 963
620, 503
508, 339
112, 164
123, 914
87, 757
36, 157
600, 500
493, 487
107, 013
131, 544
94, 487
37, 057
570, 665
469, 059
101, 606
124, 582
90, 093
34, 489
539, 717
439, 790
99 927
111, 217
79, 758
31 459
504, 142
410, 248
93, 894
120, 035
85, 986
34, 049
464, 782
379, 673
85 109
104, 305
76 116
28 189
411, 601
338, 912
72, 689
91, 775
67, 580
24, 195
376, 761
310, 182
66 579
100, 756
77, 877
22 879
7,447
93
7,425
96
7 997
100
7,798
101
7,781
98
8,183
100
7 481
101
8 388
103
7 785
98
7 590
93
Steel, Crude and Semimanufactures
Steel castings:
Shipments total
short tons
For sale, total
_
__do __
Railway specialties
do
Steel forgings, for sale:
Orders, unfilled, total
do
Drop and upset
_ _
do
Press and open hammer
do
Shipments, total
do. __
Drop and upset
do
Press and opp.n hammer
do
Steel ingots and steel for castings:
Production
thous. of short tons
Percent of capacity!
Prices, wholesale:
Composite, finished steel
dol. per lb__
Steel billets, rerolling (producing point)
dol. per long ton__
Structural steel (Pittsburgh)
dol. per lb__
Steel scrap, heavy melting (Pittsburgh)
dol. per long ton__
239
206
033
129
072
057
311 923
257, 259
54 664
97, 472
73 630
23 842
6 498
82
5 779
71
6 715
82
348
293
55
70
55
15
.0415
.0415
.0415
.0415
.0415
.0420
.0420
.0420
.0420
.0420
.0420
.0420
.0420
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
42.75
42.75
42.75
42.75
42.75
42.05
39.50
37.25
26.60
23.25
23.00
21.00
21.00
10, 204
2,306
35
9,606
2,165
25
9 485
2,336
21
9,321
2,307
30
10, 041
2,461
27
9,088
2,065
33
7 582
1,801
31
7,693
1,917
34
6,693
1 745
22
6 200
1 921
32
5 197
2 087
29
5 815
1 833
30
5 645
1 990
33
Steel, Manufactured Products
Barrels and drums, steel, heavy types:
Orders unfilled end of month
thousands
Shipments
do
Stocks, end of month
do
r Revised.
$For 1949, percent of capacity is calculated on annual capacity as of January 1,1949, of 96,120,930 tons of steel; 1948 data are based on capacity as of January 1,1948, 94,233,460 tons.
SURVEY OF CURRENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-33
1949
1948
August
Septem-
ber
October
Novem-
Decem-
ber
ber
January
Febru-
ary
March
April
May
314, 372
230, 167 r 303, 921
147, 808 •• 208, 633
219, 067
82, 359
' 95, 288 95, 305
r
189, 024
282, 977
259, 026
737
779
'746
23,422
26, 984
27, 559
June
July
August
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Cans, metal, shipments (in terms of steel consumed),
total
short tons..
Food
_
do
Nonfood.. -_
do
Shipments for sale
do
Commercial closures, production
millions. _
Crowns, production
thousand gross. _
Steel products, net shipments:
Total _ _
_ _
thous. of short tons _
Bars, hot rolled— Carbon and alloy.
do
Reinforcing
do
Semimanufactures
.-do _ _
Pipe and tubes
_
do
Plates
do
Rails
__
do
Sheets
do
Strip— Cold rolled
do
Hot rolled
_
do
Structural shapes, heavy.
do _ _
Tin plate and terneplate
do
Wire and wire products
_
do .
394, 499
309, 764
84, 735
350 404
938
29,503
405, 727
320, 556
85, 171
351, 567
893
27,463
296, 152
209, 433
86, 719
258, 316
885
27, 613
235, 506
153, 809
81, 697
202, 508
860
24, 040
266, 139
186, 544
79, 595
230, 872
932
21, 889
186, 272
119, 810
66, 462
157, 631
943
23, 824
190, 755
126, 377
64, 378
163, 389
833
22, 316
208, 188
131, 004
77, 184
172, 320
905
25, 496
204, 353
126, 898
77, 455
169, 194
768
23, 408
5,329
636
120
239
563
553
178
1,328
156
130
336
343
389
5,511
689
129
275
583
572
184
1,360
150
141
334
334
408
5,952
713
143
286
638
641
190
1,463
161
154
392
350
436
5,732
698
119
285
614
629
190
1,418
165
146
368
315
417
6,056
745
136
294
637
658
190
1,476
155
143
394
400
430
5,762
708
139
289
611
608
181
1,462
164
155
356
299
428
5,520
655
133
308
584
590
179
1,365
150
146
359
300
404
6,306
757
150
308
721
684
207
1,562
170
169
394
333
451
5,597
677
141
223
635
619
199
1,437
144
155
375
295
365
5, 235
5,177
597
134
202
618
590
193
564
141
139
623
517
211
1,330
1,355
132
142
378
292
338
54, 953
260, 796
53, 255
200, 113
54, 526
231, 097
50. 714
227, 583
53, 474
218, 591
53, 357
171, 918
49, 749
175, 704
54, 851
254, 512
54, 076
180, 765
.1084
.0996
.0995
.1241
.1325
.1263
.1022
.0847
167.3
32.1
135.2
103.2
.338
166.9
35.9
131.0
104.6
.338
174.2
35.5
138.6
109.7
.338
164.3
34.6
129.8
99.2
.341
157.7
31.8
125.9
94.5
,346
148.4
29.1
119. 3
90.2
.346
137.3
27.2
110.0
80.7
.346
152.9
27.5
125.4
92.4
.345
73 540
69, 639
68,256
51, 318
50, 668
50, 403
56, 746
64, 451
96, 117
102, 292
96, 080
13, 725
52, 222
23, 898
28, 359
.2320
69, 438
78, 298
94, 070
91, 053
21, 041
48,329
25, 920
22, 409
. 2320
76, 941
80, 275
97, 861
83, 841
10, 653
59, 158
27, 859
31, 299
.2320
489, 795
383, 604
106, 191
444, 977
919
29, 709
4,918
121
150
327
387
347
4,535
432
125
125
550
464
182
1,290
76
125
290
418
241
56, 920
182, 760
54, 185
262, 247
55, 777
182, 171
52, 005
.0702
.0630
.0605
.0575
.0651
129.5
23.8
105.7
73.1
.331
110.4
21.4
89.0
56.9
.295
103.9
23.3
80.7
48.1
276
90.4
18.6
71.7
42.8
.277
104.2
24.0
80.2
49.3
.282
77, 873
72, 657
67, 354
97, 123
88, 165
113, 154
68, 450
15,415
64, 790
32, 198
32, 592
.2318
91, 589
93, 373
76, 134
76, 494
11, 248
48, 702
27, 376
21, 326
.2145
81, 258
98, 139
32, 566
128, 441
147 910
48, 802
19, 049
29,753
.1776
72, 051
92, 118
45, 653
166, 925
17, 066
46, 570
20, 221
26, 349
.1634
r 62, 449
85,638
45, 316
212, 817
10 349
33, 829
14 414
19 415
.1706
30 273
32, 126
465
156
136
648
481
196
1,377
106
153
300
322
334
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary
.short tons
Imports bauxite
long tons
Price, wholesale, scrap castings (N. Y.)
dol. per l b _ _
Aluminum fabricated products, shipments, total
mil. oflbs..
Castings
do
Wrought products, total
do
Plate, sheet, and strip
do _.
Brass sheets, wholesale price, mill
dol. per lb_.
Copper:
Production:
Mine production, recoverable copper
short tons
Crude (mine or smelter, including custom intake)
short tons..
Refined
.
do
Deliveries, refined, domestic
do _ _
Stocks, refined, end of month
do
Exports refined and manufactures
do
Imports total
do
Unrefined including scrap
do
Refined
do
Price, wholesale, electrolytic (N. Y.)__dol. per lb._
Lead:
Ore (lead content) :
Mine production
short tons
Receipts by smelters, domestic ore
..do
Refined:
Production, total
do
Primary
do
Shipments (domestic)
do
Stocks end of month
do
Price, wholesale, pig, desilverized (New York)
dol. per lb-.
Imports, total, except mfrs. (lead content)
short tons
Tin:
Production, pig. .
_ long tons
Consumption, pig
do
Stocks, pig, end of month, total^j
do
Government!-.
do
Industrial
do
Imports:
Ore (tin content)
do
Bars, blocks, pigs, etc
_
do
Price, wholesale, Straits (N. Y.)
dol. per lb__
Zinc:
Mine production of recoverable zinc_ .short tons
Slab zinc:
Production
do
Shipments, total
do
Domestic
do
Stocks, end of month
do
Price, wholesale, prime Western (St. Louis)
dol. per lb._
Imports, total (zinc content) . .
short tons
For smelting, refining, and export
do
For domestic consumption:
Ore (zinc content)
do
Blocks, pigs, etc
_ _ __
do
r
61, 413
89, 165
102, 798
107, 496
79, 579
20, 623
39, 736
17, 922
21, 814
.2309
88, 105
102, 976
122, 938
72, 215
12, 085
35, 423
14, 054
21, 369
.2320
81, 474
101,436
112, 580
76, 371
17, 861
36, 947
14 906
2], 970
.2320
58,297
102, 779
99, 655
89, 756
11, 636
35, 491
18 210
17, 281
.2320
23,551
23, 141
26, 910
24, 849
35, 337
35, 392
36, 504
35, 337
36, 997
38, 357
33, 761
32, 307
33, 245
32, 285
39, 822
43, 558
37, 272
38, 715
36, 807
38, 347
* 36, 162
36, 654
29 558
27, 923
33, 433
18 971
37 105
34, 037
35, 067
21, 003
46 787
43, 857
39, 375
27 553
47
44,
40,
34
52, 315
49, 667
44, 456
40, 647
50, 664
48, 775
50, 440
38, 656
44, 751
42, 254
41,652
38, 514
53, 947
51, 373
28, 368
56, 737
50, 150
48, 957
16, 743
72, 347
51, 605
51, 206
19, 792
94, 132
46 429
45, 455
30, 017
100 117
029
534
289
192
.1950
.1950
.1950
.2150
.2150
24, 975
33, 346
40 666
32 753
52, 809
3,796
5 788
53, 380
39, 911
13, 469
3,118
5, 527
54, 614
41, 575
13, 039
2,597
5 354
57, 978
44, 814
13, 164
3,244
5 179
60, 064
46. 454
13, 610
4, 154
4,188
1.0300
1,931
4,280
1. 0300
1 884
5,625
1. 0300
49, 748
52, 581
68 180
68, 605
63 712
45, 246
.2150
T
64, 286
r
57 034
239
38
234
2 94
.2150
.1891
.1515
.1372
.1200
.1356
30, 859
33, 250
26, 430
48, 731
71, 661
9 287
32, 255
.1503
3,436
5,203
39, 314
24, 322
14, 992
3,541
4,696
39, 274
23, 929
15, 345
3,545
4,461
39, 827
25, 199
14, 628
3,382
4,723
41, 602
27, 903
13, 699
3,066
4,228
43, 322
31, 116
12, 206
3,241
4, 186
41, 130
30, 550
10, 580
3,346
4 161
43, 431
33, 704
9,727
3,129
3 990
40, 679
31, 146
9,533
2 835
2,433
1. C300
4, 194
7,111
1.0300
3,977
587
1.0300
2,443
2,526
1. 0300
3, 174
8,795
1. 0300
4,205
8,493
1. 0300
3,801
4,210
1. 0300
2 108
4,049
1. 0300
2 210
3,318
1. 0300
53, 542
55, 005
55, 141
52, 036
52, 419
60, 980
58, 285
54, 791
53, 599
40, 996
64 721
68, 850
60, 990
41, 117
70 716
67, 402
61 751
44, 431
71 195
96, 142
66 211
19, 484
76, 696
75, 332
67, 996
20, 848
75 815
76, 234
62 614
20, 429
69, 193
68, 522
60, 827
21, 100
78 121
71, 017
51 381
28, 204
75, 921
53, 143
35, 948
50, 982
77, 537
52, 689
35 564
75, 830
73 989
66, 900
44 820
82, 919
74
72
62
85
569
080
443
408
73 819
74, 339
68, 659
84, 888
.1500
24, 373
3,005
.1500
21, 697
2,440
.1524
24, 904
1,850
.1679
32, 323
2 609
.1750
20, 165
4,057
.1750
24, 952
4,966
.1750
13, 044
2 211
.1706
21, 213
4 090
.1406
20, 066
5 447
.1188
36, 484
9,025
.0955
30 534
6 873
.0936
21 113
5 669
.1000
11, 583
9,785
10, 858
8,399
12, 427
10, 627
17, 073
12, 641
5,919
10, 189
8 039
11, 947
5 014
5,819
7 606
9,517
7 994
6,625
19 868
7,591
15 093
8 568
5 747
9 697
33, 237
73, 791
31, 343
68,752
35 353
62, 199
21,223
64, 465
14, 192
69, 092
10,632
81, 260
8, 239
90, 152
7, 127
100, 759
6,042
105, 574
8 528
112, 115
13 155
109, 624
14 265
101, 842
5,303
3,268
5,475
3,551
6,106
3,389
5,191
3,495
3,321
5,101
2,404
7,179
1,823
9,226
1 412
11, 896
1 305
13, 833
1 510
14.803
2 221
13. 706
2 747
12. 068
1
1
f Revised. » Preliminary. 1 See note marked "J." 2 Beginning July 1949, figures exclude data for one secondary plant included previously.
^Government stocks represent those available for industrial use; data for December 1948 reflect a considerable transfer of pig tin to strategic stock piles.
.1733
282
332
894
201
r
HEATING APPARATUS, EXCEPT
ELECTRIC
Boilers, radiators and convectors, cast iron:
Boilers (round and square):
Shipments
thous. of Ib
Stocks, end of month
do
Radiation:
Shipments
thous. of sq. ft
Stocks, end of month
do
62, 569
85, 577
90, 739
217, 167
r
1. 0300
SURVEY OF CUKKENT BUSINESS
S-34
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1948
September
August
October
1949
November
December
January
February
March
April
May
June
July
August
METALS AND MANUFACTURES—Continued
HEATING APPARATUS, ETC.— Continued
Boilers, range, shipments
number
Oil burners:
Orders unfilled, end of month
do
Shipments
__
do..
Stocks, end of month _
_ _ do..
Stoves and ranges, domestic cooking, exc. electric:
Shipments, total _. __ __
number. _
Coal and wood
do
Gas (inc. bungalow and combination)
do_ ._
Kerosene , gasoline , and fuel oil
..do
Stoves, domestic heating, shipments, total do
Coal and wood
do
Gas
do
Kerosene, gasoline, and fuel oil
do
Warm-air furnaces (forced-air and gravity-air flow) ,
shipments, total
number
Gas
__ _ _
do
Oil
do
Solid fuel
.
do
"Water heaters, nonelectric, shipments __ _ __do
52, 231
39, 798
43, 417
38, 973
33, 810
34, 513
31, 892
36, 295
27, 799
24, 867
71, 084
50, 082
49, 183
71, 052
56, 228
44, 449
63, 198
59, 351
41, 366
57, 087
39, 690
42, 773
51, 225
27, 090
45, 501
45, 947
26, 201
43, 781
47, 722
23, 878
43, 581
47, 673
25, 895
47, 112
51, 231
25, 504
56, 430
51, 388
34, 906
54, 684
304, 914
27, 607
248, 663
28, 644
714, 461
171, 664
277, 492
265, 305
314, 727
27, 803
260, 508
26, 416
728, 004
191, 638
254, 305
282, 061
304, 971
25, 480
259, 513
19, 978
750, 738
213, 754
271, 543
265, 441
258, 193
20, 832
215, 715
21, 646
509, 780
147, 042
189, 515
173, 223
175, 615
16, 536
136, 683
22, 396
234, 434
79, 628
83, 004
71, 802
136, 321
14, 440
107, 148
14, 733
125, 563
24, 114
40 076
61, 373
154, 230
16, 285
118, 171
19, 774
98, 800
15, 102
32, 986
50, 712
189, 388
17, 107
152, 217
20, 064
112, 212
11, 107
42 038
59, 067
177, 962
12, 610
150, 737
14, 615
89, 125
12, 986
34, 354
41, 785
177, 292 r 187 294
10, 797
10 477
152, 382 r 163 115
14, 113
13, 702
99, 691 r 187 626
17, 716
42 249
45, 821 r 62 692
36, 154
82 685
149
11
126
11
288
75
104
108
399
780
619
000
169
257
603
309
92, Oil
103, 566
23, 714
26, 658
53, 194
196, 704
107, 024
24, 862
26, 718
55, 444
172, 366
77, 498
17, 403
19, 981
40, 114
142, 474
51, 163
13, 044
15, 563
22, 556
114, 817
31, 855
8,876
9 714
13, 265
116, 402
33 125
8,543
8,834
15, 748
108, 485
41, 376
12, 146
10 330
18, 900
133, 674
34, 595
12, 263
9,668
12, 664
140, 597
42, 427
17, 131
12 613
12, 683
150, 111
r 55 857
48
20
15
13
144
552
059
240
253
687
20, 792
23, 426
47, 793
208, 855
r
r
T
29, 250
27 587
51, 210
46, 862
48, 050
55 064
41 620
46 910
r 2,4.' 573
r 16 820
r
14' 464
165 597
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly:
Blowers and fans, new orders
thous. of dol__
Unit heater group, new orders
do
Foundry equipment (new), new orders,
net
1937-39=100
Machine tools, shipments
1945-47=100 .
Mechanical stokers, sales:
Classes 1, 2, and 3 _ _
number
Classes 4 and 5:
Number
Horsepower
_.
...
Pumps, steam, power, centrifugal and rotary, new
orders
_ thous. of dol
13, 739
11,811
12, 984
11,201
12, 672
6 549
15, 917
6 075
324.7
69.8
273.5
84.7
296 0
80.4
284.4
76.2
243. 7
96.9
149 9
68.8
144 4
70.3
190 8
75.8
172 0
74.7
121 9
72.8
10, 576
13. 755
10, 685
4,765
2,851
1,949
1,820
1,784
1,524
1,552
399
78, 391
402
74, 552
391
76, 774
248
46, 679
245
63, 206
193
52, 677
144
43, 781
133
47, 957
117
37, 836
158
30, 910
252
58, 142
4,520
3,474
3,571
3,580
4,263
3,390
3,247
3,593
2,699
2,775
2,643
2,845
2,541
1,906
1,243
826
560
499
226
280,084
433, 919
250
281, 573
382, 400
245
255,080
319, 300
217
274, 180
183, 700
254
228, 769
172, 400
224
241, 267
201, 300
3,902
363
7,413
599
3,110
273
4,960
690
9,328
948
3,802
402
4,242
436
387
390
391
391
359
329
4,783
4,922
4,966
4,862
4,462
3,632
4,802
4,259
4,328
4,424
1,602
1,597
1,568
1,525
22, 456
24, 588
27, 650
28, 113
164 9
79 0
r
r
2 676
146 6
60 7
v 68 0
2 378
4 200
r
191
31 703
343
65 118
3,019
3,358
3 767
685
1,059
1,637
2,654
220
222. 850
r
211, 700
179
207, 354
r
260 700
210
161, 920
200 900
219, 909
323 789
5,473
543
5,998
762
2,278
196
2 401
329
1 892
210
366
315
285
282
240
4,077
4,702
4,170
3,697
3,646
3,329
3,649
4,227
4,324
3,844
3,966
3,649
2,776
2,678
1,518
1,454
1,496
1,247
1,133
982
810
947
22, 705
21, 630
24, 590
21,931
17,566
13, 240
12 568
r
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only) , shipments
thousands ._
2,519
Domestic electrical appliances, sales billed:
Refrigerators, index. __
1936=100
186
Vacuum cleaners, standard type
number.. 237, 202
Washers
__
_
_ do
362, 169
Furnaces, electric, industrial, new orders:
Unit
._
kilowatts
4, 853
Value
thous. of dol
390
Insulating materials and related products:
Insulating materials, sales billed, index _ 1936= 100 __
354
Fiber products:
Laminated fiber products, shipments
thous. of dol. .
4,286
Vulcanized fiber:
Consumption of fiber paper
thous. of lb_ _
5,113
Shipments of vulcanized products
thous. of dol..
1,618
Steel conduit (rigid) and fittings, shipments
short tons
19, 241
Motors and generators, quarterly:
New orders, index
_
1936=100
Polyphase induction motors, 1-200 hp.:d"
New orders
thous. of dol
Billings
do
Direct current motors and generators, 1-200 hp.:c?
New orders
thous of dol
Billings
do
r
r
245
309, 897
r
242, 500
r
216
252, 656
192, 500
290
301
262
240
22, 168
27, 669
24, 697
29, 090
21, 148
22, 421
18, 679
20 542
6,045
4,997
5 016
6,708
5 266
5, 236
4 997
4 833
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous . of short tons. .
Stocks in producers' storage yards, end of month
thous. of short tons__
Exports
do
Prices, composite, chestnut:
Retail
__
dol. per short ton. .
Wholesale
do
Bituminous:
Production
thous of short tons
Industrial consumption and retail deliveries, total
thous. of short tons..
Industrial consumption, total
do
Beehive coke ovens
_.
do
Byproduct coke ovens
do
Cement mills
_ __ _
do
Electric-power utilities
do
Railways (class I)
do
Steel and rolling mills
. do
Other industrial*
do
Retail deliveries
do
r
5,129
5,007
4,961
4,680
4,499
3,722
2,927
2,373
3,722
4,403
3 403
3 921
3 707
135
691
413
692
703
642
971
470
964
408
928
305
837
338
442
301
573
424
584
617
450
610
661
358
879
20.01
16 338
20.09
16. 388
20.10
16 391
20.10
16 384
20.10
16 389
20.01
15 695
19.44
i 15 565
19 65
19 75
i 15 615 T 1 15 759
19 80
i 15 814
53 779
52 158
53 447
49 791
49 937
46 417
r 47 945
T 35 170
41, 966
36, 470
960
8,349
719
8,203
7,467
706
10, 066
5,496
42, 331
36, 175
922
8,199
679
8,272
7,258
697
10, 148
6,156
45, 950
38, 575
974
8,500
751
8,689
7 851
766
11,044
7,375
43, 959
37, 749
954
8,268
771
8,261
7 655
793
11,047
6,210
1
20.30
15 982
47 802
1
20.60
16 029
45 342
1
20.59
16 029
33 096
1
r 26 748
37 752
37,494
34, 764
32, 608 ' 29, 884 33, 589
31, 363
29, 718
26, 891 r 25, 842
28, 003
r 44
825
995
417
77
8,253
8,305
7,008
7,523
7,384
649
670
629
633
641
6,330
6,142
6,168
6,338
6,732
6 121
5 892
5 274
4 974
5 133
551
621
714
559
505
r
8,301
7,263
6,147
6, 514
7,485
6,131
5,046
4,042
5,717
5,586
l
r Revised. » Preliminary.
Data beginning January 1949, are not strictly comparable with earlier figures because of a reduction in the number of reporting cities; December 1948
figure strictly comparable with January 1949, $15,844.
cTThe number of companies reporting beginning the second quarter of 1949 is as follows: Direct current, 28; polyphase induction, 32.
•Data for coal-mine fuel are included in "other industrial."
46, 913
38, 014
999
8,655
777
8,508
7 710
859
10, 506
8,899
47, 291
37, 814
981
8,654
733
8,251
7 498
878
10, 819
9,477
42, 270
33, 703
983
7,835
640
7,167
6 628
812
9,638
8,567
44, 337
34, 553
695
8,513
666
7,347
6 565
849
9,918
9,784
SURVEY OF CURRENT BUSINESS
October 1949
S-35
1949
1948
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August
September
October
November
December
January
February
March
April
May
July
June
August
PETROLEUM, COAL, AND PRODUCTS—Continued
CO A L— Con ti nued
Bituminous— Continued
Consumption on vessels (bunker fuel)
thous. of short tons__
Stocks, industrial and retail dealers', end of month,
total
__ thous. of short tons
Industrial, total
_. do.._
Byproduct coke ovens
do
Cement mills .
do _ _ _
Electric-power utilities
do
Railways (class I)
_ _ __ _
do
Steel and rolling mills
do
Other industrial do
Retail dealers
do
Exports
do
Prices, composite:
Retail
dol. per short ton
Wholesale:
Mine run
do
Prepared sizes
do
COKE
Production:
Beehive
thous. of short tons..
Byproduct
do
Petroleum coke
do
Stocks, end of month:
Byproduct plants, total.
do
At furnace plants
do
At merchant plants _
do
Petroleum coke
do
ExDorts
do
Price, beehive, Connellsville (furnace)
dol. per short ton__
Ill
121
117
100
51
32
46
49
99
118
114
87
85
64, 057
61, 385
10, 289
67, 592
64, 674
10, 968
1, 369
22, 751
8,815
1, 152
19, 619
2,918
4 574
68, 696
65, 772
11. 348
1,354
23, 875
9,099
1,066
19, 030
2 924
4 202
69, 578
66, 499
11, 464
1,377
24, 894
9,153
1,019
18, 592
3,079
3 570
69, 373
66, 667
12, 104
1,291
24, 812
9,411
1,052
17, 997
2,706
2 316
67, 795
65, 552
12, 481
1, 184
24, 150
9,551
1,017
17, 169
2,243
2 083
68, 834
66, 927
13, 759
1,103
24, 120
9,861
1,121
16, 963
1,907
2 021
60, 511
59, 048
11, 452
984
22, 127
8,908
1,023
14, 554
1,463
2 016
65. 164
63, 066
12, 914
1,105
23, 499
9,296
1,160
15, 092
2,098
3,755
72, 755
70, 273
15, 870
1,433
25, 444
9,701
1,360
16, 465
2,482
4 827
74, 161
71,351
15, 747
1,614
25, 607
9,818
1,376
17, 189
2,810
4,349
69, 119
66, 399
13, 896
1,469
25, 062
8,669
1,214
16, 089
2,720
1,923
68, 621
65, 776
13, 604
1. 454
25, 458
8,196
1,152
15, 912
2,845
1, 328
21, 107
8,685
1,166
18, 810
2 672
5 485
15.92
15.98
15.99
15.99
15. 96
15.99
16.04
16.04
15.84
15.51
15.52
15.53
15. 54
8 379
8.872
8.403
8.915
8.403
9.199
8. 395
9.211
8. 756
9.250
8.816
9.276
8.832
9.303
8.778
9.237
8.570
9.029
8.539
8.921
8.518
8.929
8.531
' 8. 945
8.515
8.964
'640
5, 874
259
588
5,763
246
623
5,966
249
610
5,807
259
638
6,066
279
624
6,076
288
623
5,475
253
437
5,958
276
633
5,761
261
528
5,798
323
268
5, 242
282
r 24
4,911
302
45
5,142
1,123
716
407
111
82
1,287
819
468
109
73
1,474
986
489
115
46
1,589
1,059
530
117
46
1,591
1,103
488
129
38
1,541
1, 113
428
154
39
1. 504
1,122
382
158
32
1,313
952
361
174
42
1,473
1,015
458
198
34
1,748
1,182
566
227
53
1,705
1,077
629
228
79
1,906
1,077
830
241
63
2,027
1,054
973
14. 375
14. 500
14. 500
14. 500
14. 500
14. 500
14. 500
14. 500
14. 450
14. 250
13. 812
13. 250
13. 250
1 959
172 886
96
174 242
2 153
163, 037
92
161 280
2 027
174, 581
95
173 429
1,968
170, 242
97
170 166
2 036
176, 329
98
177 335
1,737
167, 072
94
175 295
1,397
150, 519
90
153 440
1,771
161, 955
87
165 919
1,726
150, 354
84
154,223
1, 763
154, 146
85
161,053
2,090
147, 098
84
154, 861
1,731
145, 818
85
160, 358
224
57
150
16
7
228
58
153
16
8
401
827
244
330
901
234 615
60 821
156 839
16, 955
9 357
240 083
60 629
162, 885
16, 569
9,983
246 199
60 783
169, 321
16, 095
10 055
3,974
10 555
2.510
3,362
11 933
2.510
3,404
11 561
2.510
3,192
13, 885
2.510
3,068
14, 166
2.510
2,127
14, 683
2.510
1,942
12, 854
2.510
1,866
11, 554
2.510
3,655
12, 332
2.510
2,872
12, 944
2.510
3,071
13, 092
2.510
2,866
12, 797
2.510
32 190
38, 673
28 960
34, 493
33 140
39, 313
32, 434
38, 315
34, 274
40, 276
33. 016
41, 999
28, 115
35, 904
28, 914
38, 996
25, 368
34, 417
25, 199
35, 277
23,134
31, 218
25, 870
32, 250
20, 210
38 400
20, 364
35 026
25, 595
38 807
30, 645
39 108
41, 243
47, 300
41, 615
48, 097
34, 899
42, 911
32, 490
44, 344
22, 149
38, 085
17, 575
35, 378
16, 504
34, 877
18,790
35, 682
3,132
5 889
5,599
2, 922
5 620
4,176
3,267
6 171
4,386
3,571
5,761
3,734
4,334
5, 733
5,805
5,356
5,380
4,923
4, 651
4,687
4,604
4,615
4,906
5,370
3,916
4,366
5,353
4,148
4,513
5,063
4,987
4,577
5,345
5,478
4,329
4,665
68 818
64 096
76 320
68, 005
82 920
72,363
83 909
77, 033
75 953
76, 942
64, 730
64, 628
2
71,553
2
2 016
1 238
1 193
693
1 266
881
1,134
642
1 153
821
656
608
453
730
r
PETROLEUM AND PRODUCTS
Crude petroleum'
Wells completed
number
Production
thous of bbl
Refinery operations
percent of capacity
Consumption (runs to stills)
thous of bbl
Gasoline-bearing in TJ S total
At refineries
At tank farms and in pipe lines
On leases
Heavy in California
do
do
do
do
do
Exports
do
Imports
do
Price (Kansas- Oklahoma) at wells_.dol. per bbl__
Refined petroleum products:
Fuel oil:
Production:
Distillate fuel oil
thous of bbl
Residual fuel oil
do
Domestic demand:
Distillate fuel oil
do
Residual fuel oil
do
Consumption by type of consumer:
Electric-power plants
do
Railways (class I)
do
Vessels (bunker oil)
do
Stocks, end of month:
Distillate fuel oil
do
Residual fuel oil
do
Exports:
Distillate fuel oil
thous of bbl
Residual fuel oil
do
Price, wholesale, fuel oil (Pennsylvania)
dol. per gal__
Kerosene:
Production
thous. of bbl
Domestic demand
do
Stocks end of month
do
Exports
do
Price, wholesale, water white, 47°, refinery
(Pennsylvania)
dol. per gal__
Lubricants:
Production
thous of bbl
Dometic demand
do
Stocks refinery end of month
do
Exports
do
Price, wholesale, cylinder, refinery (Pennsylvania)
dol. per gal ...
T
'1
211
684
238
289
743
1
258 648 11265 216
64 857
66, 317
176, 316 i 1182, 423
1
16, 476
17, 057
(i)
0)
1
1
1
2
2
61, 729
62, 585
1,376
774
2
2
53, 937
59, 398
1,121
562
269 341
66 203
187, 034
1
16, 104
(i)
1
2
2
48, 923
58, 190
1,344
809
272 520 i 273 912
68, 331 i 66, 799
188, 152 i 190, 868
1
16, 037 i 16, 245
0)
0)
1
1
2
2
51, 231
59, 668
1,108
514
2
2
58, 381
63, 576
711
1,019
274, 691
64, 040
194, 685
i 15, 966
0)
1
1
1
1
1
2
2
i
i
i
i
267,586
62,793
188,383
16,410
0)
.110
.110
.110
.110
.110
.110
.108
.098
.088
.088
.088
9 288
6 365
26, 177
232
9,663
9 411
26,283
113
10, 848
10 928
25, 829
297
10, 851
12, 384
24,010
246
10, 538
12, 917
s 21, 261
189
8,789
10, 593
3 18, 953
489
8,974
9,913
3
17, 801
148
8,166
6,605
3 19, 052
258
7,361
4,577
3 21, 546
181
6,715
4,531
3 23, 648
45
6,974
5,676
3 24,826
79
.121
.120
.120
.120
.120
.120
.118
.112
.112
.112
3,804
3,023
9,922
898
3,554
2,699
9,731
998
.150
.150
4 341
2 957
8 747
969
4 121
2,843
8 884
1,135
4 580
3,178
9 306
971
4 175
3,229
9,512
731
4 368
2,953
9,843
1,142
4,193
2,597
10, 326
1,068
3,638
2, 195
10, 856
870
3,698
2,426
10, 931
1,138
3,457
2,623
10, 588
1,031
3,606
2,752
10, 089
1,301
.390
.370
.350
.318
.300
.274
.222
.200
.190
.168.
(4)
5, 432
4,836
66,084
9 180
6 193
23 564
333
.103
2.510
(4)
.083
(4)
.148
.tteviseu.
Revised.
Beginning January 1949, stocks of heavy crude in California are included in gasoline-bearing', iiguiea.
figures.
figures)
are CAUIUUCU.
excluded emu.
and onj^jva
stocks iiciu.niu.ic3i/nuiAtuio
held in distributors tanks
in ^^^^.^^
California (formerly included in
-2 Beginning
j^b^^j^ wJanuary
^^~n./ ly^y,
v^*.^ ~^
1949, C'rauKillg
cracking SIOUKS
stocks ^lormciiy
(formerly muiuueu.
included Hi
in imisneu
finished SIUUK.S
stocks 111
in ^fctmuiiiia
California iiguieo;
figures) cue
bulk3 terminal stocks) are excluded; comparable figures on new basis for December 1948 (thous. of barrels). Distillate and residual fuel oil, 71,381 and 63,993, respectively.
Beginning January 1949, stocks held by distributors in California (formerly included in bulk terminal stocks) are excluded; comparable figuires for'December 1948, 23,895,000 barrels.
4
No quotation.
SURVEY OF CURRENT BUSINESS
S-36
October 1949
1948
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August
September
October
1949
November
December
January
February
March
April
May
June
July
August
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS—Continued
Refined petroleum products — Continued
Motor fuel:
All types:
Production, total
thous. of bbl
80, 711
Gasoline and naphtha from crude petro71, 964
leum
thous. of bbl
12, 157
Natural gasoline and allied products do
Sales of 1. p. g. for fuel, etc., and transfers
3,410
of cycle products
thous. of bbl
6,535
Used at refineries .
do
Domestic demand
do
80, 348
Stocks, gasoline, end of month:
87, 187
Finished gasoline, total _
_
do
49, 152
At refineries
do
8,258
Unfinished gasoline
do . _
6,308
Natural gasoline and allied products do
2,982
Exports
thous. of bbl
Prices, gasoline:
Wholesale, refinery (Oklahoma)
.105
dol. per gal._
.188
Wholesale, tank wagon (N. Y.)
do
.196
Retail, service stations, 50 cities _ do _
Aviation gasoline:
4,476
Production total
thous. of bbl
3,190
100-octane and above
do_ __
6,641
Stocks, total
_
_do
2,913
100-octane and above
___do
Asphalt:
Production
_ short tons.. 1, 062, 200
Stacks, refinery, end of month., _.
do
798, 900
Wax:
74, 760
Production
_ thous. oflb
148, 680
Stocks, refinery, end of month
do
Asphalt products, shipments:
5,259
Asphalt roofing, total
_ -thous. of squares. _
Roll roofing and cap sheet:
1,271
Smooth-surfaced _
_
_.do _
1,153
Mineral-surfaced
do
2,835
Shingles, all types___
do _.
234
Asphalt sidings
do
44, 474
Saturated felts
short tons
74, 505
79, 476
78, 445
83, 279
80, 779
71, 357
79, 025
77, 157
82, 162
79, 383
82,953
66, 522
11, 543
70, 579
12, 833
69, 588
12, 916
74, 268
13, 476
72, 310
12, 998
63, 224
12, 081
69, 984
12, 783
68, 432
12, 346
72, 905
12, 476
70, 603
11, 964
73, 740
12, 479
3, 560
5,962
76, 159
3,936
6,617
75, 164
4,059
6,953
72,560
4,465
7,143
72, 162
4.529
6,497
63, U83
3,948
6. 314
57, 934
3,742
6,577
73, 118
3,621
6.399
75, 279
3,219
7,241
81, 622
3,184
7,296
83, 338
3,266
7,269
82, 208
82, 254
46, 982
8,264
6,287
2,937
83, 969
47, 708
8,457
6,173
2,444
87, 275
49, 580
8,314
5,857
2,463
95, 422
55, 051
8,275
5,579
2,975
108, 544
65, 341
8.394
6,217
3,501
117, 496
73, 212
8,558
7,028
3,374
118, 822
74, 706
8,621
7, 405
3,406
117, 020
70,817
8,331
7,253
3,364
113, 164
65, 988
8,438
7,418
3,668
106, 068
60, 871
7,973
7,031
3,205
103, 867
58, 740
7,350
7,578
1,913
.105
.188
.196
.105
.188
.196
.105
.188
.197
.103
.188
.201
.102
.191
.201
.100
.191
.201
.099
.191
.201
.099
.196
.204
.099
.196
.204
.100
.196
.204
.100
.196
.204
3,285
2,562
6,560
3,172
3,603
2,864
6,224
3,001
4,287
3,143
6,797
3,309
4,373
3,713
6,068
2,603
4,157
3,297
i 6, 790
i 3, 170
3,951
3,125
i 6, 852
i 3, 088
4,132
3,039
i 6, 841
i 3, 144
922, 200
681, 600
938, 000
685, 100
765, 600 601, 500 556, 400 455, 800 526, 700 651, 100 798, 900 899, 100 934, 000
859, 500 1, 028, 500 1, 224, 200 1, 351, 500 1, 445, 800 1, 510, 000 1, 500, 000 1, 354, 000 1, 247, 100
66, 640
151, 480
73, 640
154, 560
75, 040
155, 120
78,960
154, 280
77, 560
151, 760
61, 600
138, 600
76, 720
136, 640
69, 160
134, 680
72, 520
140, 560
73, 080
148, 680
5,665
5,715
4,708
3,231
3,077
3,108
3,695
4,650
4,196
4,596
1, 419
1,271
2,975
276
45, 330
1,454
1,366
2,894
320
44, 403
1,286
1,169
2,253
339
39, 384
935
860
1,437
226
29,500
908
810
1,360
208
27,563
936
843
1,330
184
27, 403
1,023
865
1,807
207
32, 256
1,189
976
2,484
180
45, 341
991
897
2,308
166
38, 012
977
1,034
2,584
190
43, 153
' 1, 451
'1,602
r
4, 877
3,676
2,746
7, 401
i 3, 430
1
3,805
3,078
7, 056
13,123
1
3,975
3,106
i1 7, 357
3, 500
.100
.196
.204
3,614
2,735
584
3, 156
1
6,
1
64, 120
148, 400
r
4, 273
5 482
r
988
r
1 267
1 309
2 906
225
53 387
1,388
1,330
4,918
1 786
1 677
5 016
' 491, 700
512, 582
' 397, 963
427, 149
419,348
405, 228
552 446
586 239
367 751
806
104, 061
307, 177
117,955
39, 249
32, 128
142, 101
28, 475
1 014
119 599
405 3P5
147 874
57 653
40 654
157 057
35, 463
145, 522
17, 593
10, 190
r
37,
288
T
23, 173
4
488
r
40, 584
138
18
9
38
21
4
35
990
2, 296
181
r
42, 232
r
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
thous. of cords (128 cu. ft.)_.
Consumption
__
-_
do
Stocks end of month
__do
Waste paper:
Receipts
short tons
Consumption
__do _ _
Stocks end of month
_ do
WOOD PULP
Production:
Total all grades
thous of short tons
Bleached sulphate
short tons
Unbleached sulphate _
__do
Bleached sulphite
__do
Unbleached sulphite
_ do
Soda
_
--do _ _ _
Oroundwood
-do
Defibrated, exploded, etc
do
Stocks, own pulp at pulp mills, end of month:
Total, all grades
short tons.
Bleached sulphate _ _ _ _ _ __
do__
Unbleached sulphate
do
Bleached sulphite.
do
Unbleached sulphite
do
Soda
do
Groundwood _ _
do
Exports, all grades, total
Imports, all grades, total
Bleached sulphate
Unbleached sulphate
Bleached sulphite
Unbleached sulphite
Soda
(ground wood
do
do
do
do
do
__do _
__do
do
2,242
1,882
5,311
2,063
1,725
5,641
2,041
1,895
5,778
1,658
1,822
5,608
1,706
1,688
5,622
1,788
1,824
5,604
1,644
1,619
5,575
1,628
1,739
5,465
1,226
1,572
5,112
1,311
1,537
4,876
587, 319
607, 408
474, 378
603, 789
599, 249
477, 088
644, 603
629, 100
487, 986
627, 082
617, 171
498, 301
591, 356
571, 176
516, 620
497, 232
509, 269
504, 084
498, 892
513, 396
488, 811
545, 024
545, 882
481, 050
509, 123
525, 914
439, 983
492, 256
511, 138
418, 706
1,139
111,161
440, 515
164, 015
70, 642
43, 580
187, 024
65, 501
1,055
104, 895
392, 345
154, 097
71, 279
41,588
178, 047
61, 061
1,153
117, 301
437, 552
163, 849
77, 378
44, 079
189, 856
68, 845
1,120
116, 782
417, 273
160, 162
76, 241
42, 471
193, 116
61, 344
1,023
103, 714
373, 350
146, 467
70, 698
41, 286
181, 178
56, 692
1,117
118, 969
428, 796
158, 635
70, 482
42, 328
177, 719
63, 973
979
109, 373
366, 048
150, 924
61, 418
39, 692
160, 759
57, 802
1,057
120, 949
381, 575
164, 235
67, 140
43, 891
180, 197
52, 375
946
112, 324
344, 744
156, 712
56, 963
39, 405
165, 322
32, 376
951
116, 830
343, 235
155, 353
58, 988
38, 061
166, 006
32, 282
920
112, 129
347, 366
135, 302
56, 309
33, 256
160, 917
33, 592
98, 666
8,669
14, 180
20, 407
16, 652
2,981
28, 260
99, 107
9,774
16, 230
19, 673
19, 057
2,967
23, 512
103, 372
9,191
16, 871
23, 594
20, 640
3,241
21, 486
108, 378
11, 125
14, 228
27, 927
18, 556
3,109
24, 741
104, 126
11, 192
14, 535
21, 713
16, 852
2,880
28, 186
114, 577
12, 582
16, 842
24, 744
19, 356
3,088
29, 942
123, 569
15, 584
17, 580
27, 809
20, 486
3,008
30, 311
139, 626
12, 819
17, 982
34, 653
22, 477
3, 388
38, 616
151, 920
12, 866
17, 003
40, 803
23, 634
3,463
44, 171
161, 188
14, 459
13, 224
45, 443
26, 711
3,631
46, 778
158, 496
17, 650
12, 043
39, 823
28, 831
5, 116
43, 840
9,865
179, 342
23, 669
27, 159
44, 597
57, 684
2,255
23, 264
2,455
154, 783
25, 032
14, 999
49, 396
40, 698
1,899
21, 905
3,795
149, 272
19, 532
21, 036
42, 542
45, 694
2,184
17, 467
4,423
144, 542
21, 939
16, 532
40, 549
43, 530
2, 739
18, 297
7,946
167, 107
21, 339
21, 312
49, 100
44, 079
1,498
28, 724
24, 451
127, 036
25, 385
18, 094
36 285
29, 908
1,517
15, 035
5,147
141, 366
32, 127
24, 024
36 523
31, 572
2,497
13, 979
11, 321
126, 685
27, 690
13, 459
39 872
28, 764
2,352
13, 784
10, 923
97, 517
24, 393
11, 522
25 193
19, 155
2,197
14, 461
17, 750
143, 365
39 272
16, 844
37 528
24, 941
2,100
21 939
22 487
129, 611
36 635
14 309
33 686
27 020
1,695
15 629
r
r
851
237
634
117
494
668
115
6 266
113,977
26 394
15 994
35 027
23 435
1 907
10 784
PAPER AND PAPER PRODUCTS
All paper and paperboard mills:
Paper and paperboard production, total
thous. of short tons.. r 1, 865
1,812
1,925
1,856
1,753
1,747
1,595
1,712
1,571
1,543
' 1, 556
1,348
Paper
do
944
916
923
968
797
887
821
895
826
807
801
717
r
841
761
762
Paperboard
do
'r 807
777
827
700
695
735
699
683
579
119
115
116
106
102
Building board
__do
98
74
81
49
54
-•56
53
r Revised. 1 Beginning January 1949, data exclude stocks of unfinished aviation gasoline; comparable figures for December 1948 (thous. of bbl.): Total, 5,915; 100-octane, 2,504.
1,750
863
823
a-?
SUEVEY OF CUEKENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-37
1949
1948
August
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
July
June
August
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS—Continued
Paper, excl. building paper, newsprint, and paperboard (American Paper and Pulp Association) :
Orders, new.
short tons
Orders, unfilled, end of month
do _ _ .
Production
do
Shipments, __
do
Stocks, end of month
_
do
Fine paper:
Orders, new
do
Orders, unfilled, end of month
do
Production,
__
do _
Shipments
do ._
Stocks, end of month
do
Printing paper:
Orders, new
do
Orders, unfilled, end of month
do
Production _ .
_
do
Shipments _
_
do
Stocks, end of month
...
do __
Price, wholesale, book paper, "B" grade, English finish, white, f. o. b. mill. _dol. per 100 lb_.
Coarse paper:
Orders, new
short tons
Orders, unfilled, end of month
do
Production
_ ._ __ __
do
Shipments
do
Stocks, end of month
do
Newsprint:
Canada:
Production... _ .
do _
Shipments from mills
do
Stocks, at mills, end of month...
do
United States:
Consumption by publishers
do
Production
do
Shipments from mills
do
Stocks, end of month:
At mills
do
At publishers _ _
do_. _
In transit to publishers _ _
do
Imports
do
Price, rolls (New York)
dol. per short ton..
Paperboard (National Paperboard Association):
Orders, new
short tons
Orders, unfilled, end of month
do _
Production, total
do
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
mil. sq. ft. surface area
Folding paper boxes, value:
New orders
1936=100
Shipments
do
707, 663
510, 048
758, 201
753, 159
256, 732
741, 433
517, 759
743, 555
734 975
267, 494
741,601
486, 380
781, 787
781,011
271, 147
690, 493
424, 785
750, 575
732, 656
277, 403
716, 171
431,978
720, 715
717, 139
288, 089
707, 112
416, 125
735, 997
724, 647
300, 816
643, 472
385, 086
676, 795
662, 996
307, 643
726, 594
381, 980
732, 694
720, 730
321, 039
640, 445
354, 868
664, 594
665, 185
323, 650
629, 447
344, 235
639, 482
634, 235
330, 495
78, 572
67, 454
95, 891
93, 475
64, 715
79, 471
56, 168
94, 054
90, 886
69, 369
80, 313
48, 791
93, 224
92, 538
70 394
73, 088
39, 408
85, 660
80, 611
77, 446
77, 966
43, 364
86, 196
82, 275
87, 638
83, 762
37, 740
87, 649
89, 868
85, 400
80, 650
38, 155
81,447
79, 300
83, 510
86, 610
39, 070
87, 484
84, 422
86, 075
86, 234
43, 280
83, 706
86, 128
85, 970
80, 145
38, 795
84, 822
84, 302
89, 250
234 777
236 353
254 259
252, 648
83, 139
267 734
251 798
256, 417
254, 279
83, 185
251 023
238, 398
269, 603
268, 295
85, 012
232 172
204, 498
261, 219
257, 205
86, 887
250, 963
203, 008
253, 493
248, 613
90, 416
240, 315
192, 520
248, 708
243, 890
96, 344
221 004
181,840
231,686
229, 000
97, 683
258 988
178, 880
255, 393
252, 550
100, 365
237, 156
169, 705
240, 199
240, 920
101,015
241, 305
166, 870
237, 088
238, 600
98, 480
' 638, 617
* 347, 135
'631,906
r
626, 319
«• 335, 220
' 598, 022 730 000
7383,365
414, 8-5
r
563, 155
693 000
' 572, 339 692, 000
' 321, 845 322, 475
r
r
84, 215 r' 71, 195
42, 700
38, 500
r
' 85, 363 66, 602
'r 35, 565 r' 67, 025
88, 500
89, 000
83,000
40,000
79,000
85, 000
82, 000
r
r
230, 732 rr 221, 445
263, 000
185, 325
161, 569
198,000
256, 000
f 225, 219 f 204, 916
r 230, 058 'r206, 575 246, 000
103,000
' 93, 925 92, 770
11.30
11.30
11.30
10.80
11.30
11.30
11.30
11. 30
11.30
11.30
11.30
11.30
11.30
265 232
135, 193
275, 315
275 191
63, 030
258, 747
136, 869
257, 981
254 729
66 146
269, 424
128, 105
276, 063
277 956
65 679
253, 558
113, 485
268, 132
261 379
64,492
257, 401
117, 930
251, 800
257, 029
61, 207
254, 792
119, 000
270, 069
261, 485
70, 000
218 650
97, 225
239, 403
232 061
76, 000
244, 150
96, 165
252, 040
246 509
81, 500
195, 350
74, 950
217, 475
215, 043
83, 500
193, 672
72, 425
201,355
195, 343
89, 700
389, 148
396, 049
88, 450
376, 062
387, 897
76, 615
399, 788
392, 560
83, 843
397, 330
405, 923
75, 250
385, 819
406, 678
54, 391
385, 961
375, 667
64, 685
372, 344
356, 963
80, 066
415, 792
388, 148
107, 710
404, 973
403, 542
109, 141
404, 869
425, 675
88, 335
399, 891
401, 538
86,688
385, 027
382, 059
89, 656
408, 761
399, 223
99, 194
314, 045
75, 735
71, 966
337, 196
71, 412
69, 297
381, 697
76, 432
73, 214
364, 253
75, 518
72, 371
36?, 698
74, 817
73, 584
332, 671
75, 626
75, 096
308, 753
68, 621
69, 235
366, 887
78, 322
77, 404
368, 945
75, 459
73, 930
392, 212
76,723
76, 898
349, 944
76, 316
74, 359
313, 118
69, 903
70, 818
318, 046
75, 749
73, 746
8,602
382, 849
76, 842
390 408
100. 00
7,675
382, 559
89, 884
349, 476
100.00
7,729
345, 423
101, 655
362, 298
100. 00
7,713
344, 226
92, 892
416, 984
100. 00
8,946
3/3, 590
84, 565
407, 527
100.00
9,476
382, 691
98, 165
369, 223
100.00
8,862
391, 580
92, 609
360, 047
100. 00
9,780
392, 601
82, 380
392, 317
100. 00
11, 309
381, 865
79, 724
362, 996
100. 00
11, 134
373, 041
71, 404
414, 469
100. 00
13, 091
384, 872
75, 863
397, 741
100. 00
12, 176
416, 595
76, 848
377, 409
100. 00
14, 179
446. 964
86,044
807, 200
344, 500
792,900
796, 200
375, 900
7,74, 000
831, 100
365, 900
832, 100
809, 700
338, 700
822, 500
957, 200
318, 700
953, 300
783, 700
304, 100
769, 400
656, 300
267, 700
694, 300
727, 300
272, 000
731, 800
688, 000
260, 300
696, 700
686, 700
238, 700
692, 300
692, 000
243, 300
696, 800
618, 100
268, 500
583, 800
890, 200
365, 609
821,600
92
91
96
94
84
88
85
84
79
78
r
198, 840
>• 208, 616
r
' 81, 068 87, 200
«•r 206, 055 'r 187, 537
196, 506 T192, 695
93, 100
r 98, 250
64
75
253, 000
108, 000
230,000
231, 000
92,000
100.00
86
5,351
5,413
5,758
5,536
4,942
4,710
4,346
4,893
4,646
4,555
4,773
4,324
5,681
461.9
465.0
470.6
482.1
492.3
508.1
445.0
480.1
451.4
483.6
386.9
433.6
390.2
^14.4
430.7
480.2
397.2
424.8
390.3
408.0
407.5
436.2
360.5
335. 4
447.6
452.4
549
385
164
618
492
126
1,082
911
734
177
1,226
675
541
134
714
550
164
748
586
162
1,074
822
252
945
755
190
760
570
190
863
669
194
704
554
150
53 108
117, 664
56, 577
47, 859
112, 916
'53, 616
46, 128
111,875
53, 434
47, 117
103, 626
51, 217
40, 597
103, 017
46, 187
44 724
99 389
PRINTING
Book publication, total
New books _
New editions
number of editions
.
do __
do
_
886
196
987
239
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
long tons
Stocks, end of month
do
Imports, including latex and guayule _. do __
Price, wholesale, smoked sheets (New York)
dol. per lb._
Chemical (synthetic):
Production
long tons
Consumption
Stocks, end of month
Exports
Reclaimed rubber:
Production
Consumption
Stocks end of month
-_
do
__ do
do
do _
do
do
53, 366
129, 622
68, 133
52, 131
123, 912
50, 556
49, 617
118, 187
61, 010
51, 632
113, 251
50, 613
45, 985
141. 541
87, 635
50, 188
125, 050
67, 706
46 285
118, 803
57, 401
r
r
.237
.228
.222
.197
.189
.192
.185
.191
.185
.178
.163
.164
.167
39 630
39, 339
97, 197
37, 890
39, 215
98, 246
41, 419
38, 367
102, 842
40 779
37, 690
107, 297
42, 133
35, 446
115, 111
38, 890
36, 765
118, 357
36 103
34, 611
118,932
36 063
38, 746
116, 843
35 445
36, 454
114, 944
32, 335
35, 267
112, 739
31. 953
36, 949
106, 813
34, 270
r
30, 014
«• 113, 595
33 885
33, 891
111,267
20, 255
22, 917
32, 025
21, 805
23, 478
30, 198
23, 859
23, 512
31, 879
23, 050
22, 170
33, 378
21, 430
21, 377
32, 630
19, 741
19, 031
32, 868
18, 270
17,712
32, 738
19, 991
19, 508
33, 397
18, 463
18, 649
32, 825
18, 184
18, 323
32, 326
18, 849
19,316
30, 684
6, 957
7,849
2,291
5,423
6,909
6,711
2,115
4,471
6, 735
6,490
2,436
3,899
6,084
5,591
2,335
3,139
125
155
117
5,702
5,441
2, 299
2,953
5,896
5,285
2,304
2,855
5,891
4,866
2,172
2,589
6,578
5,903
2,519
3,229
6,959
6,611
2,771
3,718
6,934
6,824
2,380
4,323
7,392
7,535
3, 234
4, 185
6,264
7,694
3,098
4,488
9,353
9,802
9,905
10, 476
10, 698
11, 339
12, 385
13, 091
13, 191
13, 301
13, 134
11,717
5,948
5,174
11, 231
6,059
5,396
11, 748
6,088
5,296
12 410
6,430
6,409
12, 466
5,230
6,300
11,364
307
669
451
348
486
632
342
975
509
622
587
647
r
r
r
14, 626
15, 966
29, 126
TIRES AND TUBES
Pneumatic casings:
Production
Shipments, total
__
Original equipment - _ _
Replacement equipment
Export
-_ _Stocks end of month
Exports
Inner tubes:
Production
Shipments
Stocks end of month
Exports
«• Revised.
thousands
do
.do
do
do
do
- do
do
do __
do
do
134
113
107
6,618
6,928
8,527
6,171
6,210
8,748
75
67
125
6,321
6,064
8,915
85
86
5,462
5,126
9,303
55
189
188
5,032
4,723
9,641
135
127
179
5,062
4,926
9,815
130
105
118
4,922
4,406
10, 442
110
155
134
95
121
143
85
121
122
81
116
130
89
108
120
80
17, 840
19, 202
27 435
STJKVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1948
August
September
October
1949
November
December
January
February
March
April
May
June
July
August
STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS
Coated abrasive paper and cloth, shipments.reams--
191, 199
191, 884
165, 337
139, 414
122, 239
125, 701
131, 393
143, 753
132, 813
120, 863
123, 343
111, 262
132, 950
18, 961
91
20, 705
8,355
3, 916
18, 605
93
19, 938
7,061
3,068
19, 349
93
20, 324
6,094
2,824
18, 435
92
18, 110
6,399
2,781
17, 425
84
12, 741
11, 084
3,781
15,261
73
8,756
17, 591
5,475
13, 751
73
9,134
22, 206
6,752
15, 439
74
14, 539
23, 104
7,764
17, 682
85
17, 779
22, 977
7,560
18, 622
86
19, 426
22 170
7,440
18, 279
87
20, 667
19, 784
6,922
18, 856
87
19, 320
18, 715
87
23, 633
14 395
5,877
571, 525
563, 048
558, 585
553, 580
595, 584
556, 409
521, 308
493, 302
483, 574
413, 324
389, 199
307, 702
345 696
289, 331
399 729
380, 361
420 477
407, 003
459 671
433 772
PORTLAND CEMENT
Production
Percent of capacity
Shipments
Stocks, finished, end of month _
Stocks, clinker, end of month
thous. of bbl__
thous. of bbl__
do
_do
r 19 313
r
6, 212
CLAY PRODUCTS
Brick, unglazed:
Production
thous. of standard brick
Shipments
do
Price, wholesale, common, composite, f. o. b. plant
dol. per thous__
Clay sewer pipe, vitrified:
Production
short tons
Shipments
do _
Structural tile, unglazed:
Production
.
do _ _
Shipments
do
r
T
488 860
464 536
448 621
443, 467
23. 203
23. 368
23. 599
23. 817
23. 868
24. 085
24. 060
24. 050
24. 021
24. 002
24. 000
"•23.964
129, 417
131, 131
128, 578
132, 013
135, 565
135, 123
128, 423
120, 233
124, 647
100, 836
116, 015
83, 965
114, 311
80, 815
124, 781
112, 870
125 128
112, 584
126 612
117, 523
125 012
121,010
105, 720
111,353
114, 541
122, 282
110, 412
111, 321
111, 992
110, 948
108, 111
103, 823
103, 514
94, 289
100, 398
85, 222
101,059
89 899
117, 742
105 978
114, 878
100 093
112, 150
112 997
111,533
111 846
120,914
105 324
8,934
8,399
8,737
10, 354
9,075
8,170
7,214
6,469
6,751
6,026
7,302
6,203
6,501
6,029
7,288
6,929
7,035
6,869
7 663
7,811
8,036
7,928
8,108
7,746
r
r
23. 935
GLASS PRODUCTS
Glass containers:
Production
thous of gross
Shipments, domestic, total
do _ >
General-use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers)
thous. of gross. _
Beverage (returnable and nonreturnable)
thous. of gross. _
Beer bottles
__do_Liquor and wine
_
do__ _
Medicinal and toilet
do
Chemical, household and industrial
do
Dairy products
do
Fruit jars and jelly glasses
do
Stocks end of month
do
Other glassware, machine-made:
Tumblers:
Production
thous. of dozens
Shipments
do
Stocks
-_-do
Table, kitchen, and householdware, shipments
thous of dozens
1,121
1,795
823
2,333
2,581
2,161
2569
571
868
1,807
613
275
244
8,876
589
692
1,136
2,307
764
338
151
7,164
4,618
4,676
7,397
3,052
534
8 662
8,933
569
601
589
645
649
715
701
748
1,108
1, 775
1,731
1,761
1,667
1,822
1,763
2,020
2,084
2,022
2,528
460
422
1,308
2,008
648
320
20
7,776
3246
321
1,263
1,592
443
290
14
8,306
250
332
872
1,564
417
281
11
8,745
159
278
811
1,792
507
277
16
9,459
218
327
799
1,605
540
244
39
9,713
396
464
1,035
1,678
563
262
64
9,801
538
480
841
1,612
587
251
148
9,763
816
567
840
1,666
628
227
333
9,374
1,025
646
837
1,584
553
242
255
9,270
911
538
486
443
1,526
561
253
311
9,425
1,992
728
346
359
8,906
4,636
5, 038
6,987
5,852
5,427
7,150
5,398
4,873
7,662
4, 835
4,347
8,245
4,722
4,288
8,366
4,707
4,450
8,693
4,796
5,038
8,474
4,621
4,905
8,270
5,242
5,055
8,615
4,608
4,993
8,154
3,899
4,197
7,689
3,402
4,301
3,225
2,785
2,959
3,084
3,645
3,264
3,672
3,368
2,528
1
874
942
GYPSUM AND PRODUCTS
Crude gypsum:
Imports
thous of short tons
Production
do
Calcined production
do
Gypsum 'products sold or used:
Uncalcined
short tons
Calcined:
For building uses:
Base-coat plasters
do
Keene's cement
do
All other building plasters
do
Lath
thous of sq ft
Tile
do
Wallboard <?
do
Industrial plasters
short tons
1,003
1,882
1,667
895
1,827
1,607
357
1,466
1,382
511
1,590
1,316
509, 216
612, 919
508, 200
485, 097
573, 344
13, 786
126, 359
689, 932
7,084
634, 689
490, 297
12,419
139, 265
649, 924
6,991
729, 939
397, 763
10, 263
108, 453
512, 015
6,052
629, 052
443, 069
11, 734
108, 400
393, 725
6,991
574, 797
58 276
55, 067
57, 575
57, 052
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
thous. of dozen pairs _
Shipments
do_
Stocks end of month
do
11, 655
12, 229
23,160
11,891
12, 563
22, 488
11,809
12, 472
21, 825
11, 338
11, 345
21, 817
11, 280
9,663
25, 051
11, 165
10, 939
' 25, 420
11, 243
11, 408
' 25, 234
12, 009
12, 808
r 24, 386
11, 158
11, 714
' 23, 820
11, 024
10, 898
r 23, 938
11, 786
11, 205
•• 25, 800
9,693
9,450
26, 044
12, 354
12, 809
25, 589
COTTON
Cotton (exclusive of linters) :
Production:
r
3
r i 444
r 5 305 r 10 437 r 12 744
1, 247
298
!3 430 r!4 140
14 580
Ginninss 5
thous of running bales
Crop estimate, equivalent 500-lb. bales
3 14, 868
< 15, 446
thous of bales
455, 106
664, 133
720, 892
600, 495
674, 463 640, 182
597, 031
580, 078
685, 166
680, 670
695,887
Consumption
bales__ * 728, 863 739, 139
Stocks in the United States, end of month, total
r 6, 836
5,283
' 9, 019 r 7, 877
18, 829
5,781
thous. of bales-- ' 16, 855 r 15, 906 r 14, 839 r 13, 729 r 12, 535 r 11, 470 r 10, 346
r 8, 925
r 6, 754
'5,215
r 7, 786
5,705
18, 769
Domestic cotton, total
do
16, 776 ' 15, 783 r 14, 709 ' 13, 604 r 12, 420 r 11, 361 r 10, 247
r844
256
r 2, 074
r 1, 228
'479
14,194
r
6,
045
r 1, 630
'557
316
r
3,
640
'
10,
483
13,
885
On farms and in transit..
.
do
r
4,125
3,941
4,385
6,590
7,469
5,844
5,057
8,176
7,272
8,771
8,387
1, 703
4,087
Public storage and compresses
do
r
834
634
1,384
1,218
1,005
1,555
1,550
1,490
1,575
1,391
1,577
1,213
Consuming establishments
do
1, r188
69
59
99
94
83
91
76
115
110
125
123
130
82
Foreign cotton, total
do
1
2
3
4
' Revised. Jelly glasses included with wide-mouth food containers.
Returnable only. Total ginnings of 1948 crop.
October 1 estimate of 1949 crop.
(^Includes laminated board, reported as component board. §Total ginnings to end of month indicated.
NOTE FOB LUMBER SERIES, p. S. 31.—Exports of sawmill products for 1948 have been adjusted to exclude box shocks, in accordance with the revised commodity classification effective
January 1949. Revisions for January-July 1948 are as follows (thous. of board feet): 72,757; 58,039; 73,783; 56,252; 63,895; 48,823; 56,934.
Minor revisions for total lumber production, shipments, and stocks for 1946-47 (since publication of the 1949 STATISTICAL SUPPLEMENT) are available upon request. Revised data for total
lumber for January-July 1948 are as follows (units as above): Production—total, 2,754, 2,525; 3,094; 2,987; 3,005; 3,159 3,309; hardwoods, 621; 574; 677; 624; 604; 649; 706; softwoods, 2,133; 1,951;
2,417; 2,362; 2,401; 2,510; 2,603; shipments—total, 2,858; 2,660; 3,089; 2,929; 3,006; 3,004; 3,054; hardwoods, 616; 632; 697; 647; 659; 607; 601; softwoods, 2,242; 2,028; 2,392; 2,282; 2,347; 2,397; 2,453; stockstotal, 5,548; 5,439; 5,508; 5,577; 5,622; 5,800; 6,116; hardwoods, 2,017; 1,968; 1,956; 1,926; 1,856; 1,885; 1,995; softwoods, 3,531; 3,471; 3,552; 3,651; 3,766; 3,915; 4,121.
Revised data for Western pine for January 1947-March 1948 (since publication of the 1949 STATISTICAL SUPPLEMENT) are as follows (mil. of board feet):: jProduction—335; 353; 428; 544; 666;
658; 698; 705; 667; 663; 504; 508; 391; 386; 471; shipments—433; 414; 462; 545; 573; 558; 602; 633; 608; 617; 550; 557; 473; 429; 485.
SURVEY OF CURRENT BUSINESS
October 1949
Unless otherwise stated, statistics through
1948 and. descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-39
1949
1948
August
September
October
November
December
January
February
March
April
May
June
July
508, 246
4 057
.301
221,941
11, 218
.301
.293
.321
.310
103
136
August
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of linters) — Continued
Exports
_
bales _
Imports
do
Prices received by farmers
dol.
per
lb._
Prices, wholesale, middling, 15/i6", average, 10
markets
dol. per lb_.
Cotton linters:
Consumption
thous. of balesProduction
_
do
Stocks, end of month
do
114, 584
9 847
.304
.313
170,911
102 970
.309
.312
246, 161
11 726
.311
.312
428 132
51
.305
521, 568
5 443
.296
402, 923
12 244
.293
496 578
8 533
.291
576, 846
7 595
.287
591, 105
4 497
.299
463, 978
3 014
.300
.322
.326
.326
.326
.330
.329
.315
.328
105
53
r
317
109
169
356
115
222
437
117
219
527
114
204
609
123
188
671
119
159
667
134
144
682
120
99
660
126
80
588
122
58
503
44
456
63 673
2 196
2,258
62 456
1,433
83 294
2 604
58 030
2 007
2,261
116 046
2 216
102 321
2 270
88 172
1 765
2,251
93 525
2 411
79 355
1,188
74 317
1,615
2,003
81 115
649
65, 886
••46 34
.338
172
.186
41 76
.338
164
.181
37 55
.338
157
.178
r 35 35
.338
155
.174
29 94
.303
138
.170
28 76
.303
131
.168
27.75
.303
.126
.163
28.18
.303
.128
.161
30. 61
.303
.144
.160
.715
1.002
.696
.965
.686
.941
22, 703
21, 352
10, 019
421
9,384
119.6
22, 686
21, 302
9,998
420
9,414
121.0
71.8
22.1
69.9
22.0
COTTON MANUFACTURES
Cotton cloth:
Cotton broad-woven goods over 12 inches in width,
production, quarterly
mil. of linear yards
Exports
thous of sq yd
Imports
do
Prices, wholesale:
Mill margins
_
cents per Ib
Denims, 28-inch
dol. per yd..
Print cloth, 38^-inch, 64 x 60
do
Sheeting, unbleached, 36-inch, 56 x 60
do
Cotton yarn, Southern, prices, wholesale, mill:
22/1, carded, white, cones
do], perlb..
40/1, twisted, carded, skeins.
..do
Spindle activity (cotton system spindles) :
Active spindles, last working day, total. __thous_ _
Consuming 100 percent cotton _
do_Spindle hours operated, all fibers, total. _mil. of hr_ _
Average per spindle in place
__ hours. _
Consuming 100 percent cotton
mil. of hr_.
Operations as percent of capacity
_ __
r
33 99
.338
158
.172
32 78
.338
155
.170
.686
.917
.666
.882
22, 483
21, 157
9,521
400
8,889
120.0
22, 513
21, 231
9, 253
389
8,681
111.9
71.8
21.9
70.4
21.3
r
r
822
32 30
.338
152
.170
31 35
.317
146
.170
.659
.882
.642
.862
.629
.827
.612
.789
.604
.776
.598
.764
.600
.764
.610
.772
22, 043
20, 776
9,102
383
8,544
104.1
22, 186
20, 927
8,940
376
8,425
112.0
21, 950
20, 758
8,425
355
7,966
112.3
21,515
20, 425
9,352
393
8,922
106.8
20, 864
19, 801
7,776
327
7,442
97.9
20, 936
19, 862
7,737
325
7,358
93.8
20, 568
19, 464
7,975
337
7,506
95.8
20, 137
19,012
5,988
255
5,637
79.6
20, 941
19, 747
8,827
377
8, 267
102.5
75.0
21.2
69.8
17.8
63.5
14.7
57.8
7.8
••47.9
6.2
52.1
7.8
56. 8
10.9
58.7
13.6
68.8
19.3
RAYON AND MANUFACTURES AND SILK
Rayon yarn and staple fiber:
Consumption:
Filament yarn
_
mil. of Ib
Staple
fiber_
_
do
Stocks, producers', end of month:
Filament yarn
_ __ do
Staple
fiber.
...do...
Imports
thous. of Ib
Prices, wholesale:
Yarn, viscose, 150 denier, first quality, minimum
filament
dol. per lb..
Staple fiber, viscose, ~\.l/2 denier
do
Rayon broad-woven goods, production, quarterly
thous. of linear yards
Silk, raw:
Imports
thous. of Ib
Price, wholesale, Japan, white, 13/15 (N. Y.)
dol. perlb..
WOOL
Consumption (scoured basis) :}
\pparel class
thous of Ib
Carpet class _
do
Imports
do
Prices, wholesale, Boston:
Raw, territory, 64s, 70s, 80s, scoured. -dol. perlb..
Raw bright fleece, 56s, greasy
do
Australian, 64s, 70s, good topmaking, scoured, in
bond
dol. perlb..
10.2
4.7
4,774
9.9
4.8
4,194
10.1
4.7
1,654
12.3
5.4
2,822
11.1
4.6
4,344
15.2
6.2
2,824
20.3
9.7
1,827
.764
.368
.770
.370
.770
.370
.770
.370
.770
.370
.770
.370
.770
.370
.770
.370
r
542, 401
519, 793
32.9
16.2
1,433
r
r
44.1
19.1
718
^49. 3
20.4
297
••49.7
18.9
106
48.6
16.8
42.2
12.7
.770
.370
.746
.362
.710
.350
.710
.350
.710
.350
512, 663
32
»• 434, 460
352
404
787
510
614
1,018
1 215
423
12
48
460
90
2.60
2.60
2.60
2.60
2.60
2.60
2.60
2.60
2.60
2.60
2.60
2.60
38 825
16 963
62, 530
45 211
20, 358
54, 523
33 988
18 092
42, 411
29 705
16 634
38, 840
37 099
19, 000
39, 495
29 624
16, 928
42, 870
27 688
15 676
39, 701
29 110
18, 575
31, 272
20 152
12, 840
24, 511
21, 576
12, 264
22, 118
28, 785
11,415
29, 878
22 636
6,524
23, 082
1.800
.560
1.800
.560
1.788
.560
1.750
.560
1.790
.560
1.800
.560
1.800
.560
1.800
.560
1.800
.560
1.781
.556
1.725
.545
1.600
.545
1.525
.545
1.820
1.696
1.615
1.615
1.801
1.925
1.925
1.925
1.862
1.675
1.675
1.675
1. 675
82
2,323
39
79
2,185
06
89
2,224
30
78
2,143
29
77
2,106
26
85
2,153
23
80
1,987
27
75
1,626
24
73
1,543
26
79
1,669
28
80
1,746
164
130
164
124
173
126
166
114
159
103
172
97
172
88
171
82
158
75
143
74
120
60
70
41
94, 338
109, 204
222
88, 432
104, 311
210
92, 989
101, 900
189
90,274
92, 615
160
84, 113
91, 989
165
82,547
85, 177
164
78, 006
80, 209
156
67, 404
73, 066
142
68, 201
59, 803
110
T
r
75, 641
63, 969
115
77, 155
69, 738
72, 054
62 934
62, 113
6,895
38, 854
16, 364
74, 473
8,056
46, 384
20, 033
61, 714
6,409
38, 256
17,049
57, 611
5,907
35, 709
15, 995
66, 898
6,958
41, 166
18, 774
54, 688
5,584
32, 760
16, 344
52, 208
5,232
31, 176
15, 800
59, 435
6,485
34, 360
18, 590
45, 936
5,056
27, 056
13, 824
r
49, 356
4,996
' 31, 256
13, 104
60,495
6,650
41, 120
12, 725
42 868
4,916
31, 104
6 848
3.350
3.350
3.350
3.350
3.350
3.410
3.425
3.425
3.395
3.375
3.375
r
2.60
WOOL MANUFACTURES
Machinery activity (weekly average) :J
Looms:
Woolen and worsted:
Pile and Jacquard
thous. of active hours
Broad
_
do
Narrow
_
do
Carpet and rug:
Broad
do. _.
Narrow
do
Spinning spindles:
Woolen
do__
Worsted
do
Worsted combs
do
Wool yarn:
Production total!
thous. of Ib
Knitting!
do
Weaving^
_ _ __
do _
Carpet and other !
do
Price, wholesale, worsted" yarn (Bradford
weaving system) 2/32s
dol. per lb__
r
Revised. » Preliminary.
!Data for September and December 1948 and March and June 1949 are for 5 weeks; other months, 4 weeks.
67
1,628
25
25
123
122
3.375
3,375
SURVEY OF CUEEENT BUSINESS
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
October 1949
1949
1948
August
September
October
November
December
January
February
March
April
July
June
May
August
TEXTILE PRODUCTS—Continued
WOOL MANUFACTURES—Continued
Woolen and worsted woven goods, except woven
felts:
Production, quarterly, total
thous. of lin. yd
Apparel fabrics, total
_
do
Government orders
do
Other than Government orders, total do
Men's and boys'
do
Women's and children's
do
Unclassified-.
do
Blanketing
do
Other nonapparel fabrics
do
Prices, wholesale, f. o. b. mill:
Suiting, unfinished worsted, 13 oz__dol. per yd__
Women's dress goods, flannel, 8 oz, 54-inch
dol. per yd_ .
118, 816
104, 807
2 161
102, 646
46 684
48, 023
7,939
5,012
8,997
r
115, 483
99,767
3,651
96, 116
39, 711
49, 130
7,275
5,990
9,726
90,775
75, 86?.
3,218
72, 645
33 213
30, 284
9,148
5,576
9,336
102, 250
87, 556
' 4, 953
r
T
82, 603
r
34 420
r
40, 634
7, 549
5, 555
9, 139
r
r
3.564
3.589
3.589
3.589
3.589
3.589
3.589
3.589
3.589
3.589
3.589
3.459
2.450
2.537
2.624
2.624
2.698
2.722
2.722
2.722
2.722
2.722
2.722
2. 475
2,516
2,388
1,541
1,374
1,416
3,033
2,471
1,532
1,487
1,981
1,769
474
78
439
289
301
256
3.069
C1)
MISCELLANEOUS
Fur sales by dealers
_
thous. of dol _
TRANSPORTATION EQUIPMENT
AIRCRAFT
Civil aircraft, shipments c?
Exports
number
-do _-
700
181
590
134
502
117
317
137
235
183
160
139
257
161
399
196
452
223
number-_ do
do
_ do
do
__
do
do
do
do
do
.-do do
-- -- do
do__
do
461, 353
771
675
348, 822
328 194
111, 760
97 222
34, 272
19, 349
14, 923
3,622
3 454
1,866
1,588
168
413, 537
1,143
1,051
301, 170
282 458
111, 224
94 196
35 222
17, 696
17, 526
3,594
3 457
1,876
1,581
137
491, 803
679
600
383, 755
361, 867
307,369
91 296
36, 562
17, 651
18 911
3,725
3 584
1,982
1,602
141
468, 822
545
460
364, 440
346, 999
103, 837
89 030
20, 526
10, 742
9,784
3,819
3 694
2,444
1,250
125
486, 981
824
763
378, 455
360, 986
107, 702
90 667
42, 476
18, 822
23, 654
3,426
3 299
1,935
1,364
127
431, 276
658
618
326, 019
312 199
104, 599
91 282
28 707
13, 536
15 171
2,766
2 695
1 490
1,205
71
426, 665
418
326
324, 547
310 343
101 700
88 540
26 753
12, 676
14 077
2 296
2 181
1 095
1,086
115
518, 118
545
423
402, 402
385 834
115 171
99 925
31 626
15, 673
15 953
2,634
2 510
1 254
1, 256
124
543, 118
514
494
436 392
422 149
106 212
91 808
29 993
14 598
15 395
2 760
2 568
1 231
1 337
192
481, 467
564
511
394, 703
380 489
86 200
75 518
25 084
12 420
12 664
2 752
2 631
1 426
1 205
121
593, 640
632
522
493 882
480 009
99 126
89 174
22 498
11 878
10 620
2 817
2 686
1 575
1 111
131
579, 048
439
399
483 261
471 752
95, 348
85 427
2 24 475
12,998
2
11 477
2,197
2 109
1,314
795
88
657, 664
444
420
557 370
544 630
99 850
89 989
317, 788
91, 923
296 339
85, 108
291, 442
84,284
313, 230
75, 024
311,419
70, 282
273 161
66, 423
258 218
67 537
360 584
87, 165
390 932
78 857
446 251
86 375
432 470
79 069
448 477
76, 866
478 556
85 539
10, 414
7,450
7,450
2,664
61
61
61
0
9,886
7,055
6,978
2,831
65
64
64
1
9,169
6,806
6,649
2,363
92
81
75
11
9,486
7,168
6,976
2,318
88
69
69
19
10, 491
7,888
7,364
2,603
96
83
78
13
9 427
6, 644
6 130
2,783
91
82
71
9
10 800
7,906
7 421
2,894
80
75
66
5
12 626
9,674
8 958
2,952
76
74
69
2
11 184
8 896
8 499
2 288
85
85
85
532
886
879
646
95
95
77
9,148
5 832
5 805
3 316
98
98
94
6,645
3,866
3 655
2,779
68
68
66
7
4
4
2
1,749
1,752
1,754
1,755
1,755
1 757
1 761
1 763
1 767
1 770
1 771
1 769
1 767
85
5.0
100 402
73, 1 13
27,289
81
4 8
93 087
65, 751
27 336
78
4.6
95 785
61, 438
34 347
79
4 7
90 484
57, 877
32 607
80
4 7
84 161
53, 118
31 043
88
5 2
81 683
51 007
30 676
91
5 4
73 384
46 403
26 981
94
5 5
63 410
38 654
24 756
98
5 7
53 975
30 850
23 125
109
6 4
45 057
23 816
21 241
113
6 6
36 331
19 368
16 963
126
7 4
31 746
16 474
15 272
125
73
26 599
13 473
13 126
2,792
83
2,713
8.1
2,646
8.0
2,600
7.9
2,439
7.5
2,479
7.7
2,504
7.8
2,650
8 3
2,602
8 3
2,737
88
2,665
8 7
2,833
9 3
2, 949
9 8
116
99
17
1,510
1, 510
0
69
9
60
101
86
15
1,477
1,474
3
101
41
60
86
72
14
1,544
1,541
3
133
33
100
78
65
13
1,615
1,615
0
43
15
28
72
60
12
1,561
1, 561
0
87
10
77
73
62
11
1,490
1,490
0
81
14
67
43
33
10
1 452
1,452
0
50
8
42
35
26
9
1 287
1,287
38
17
21
1 134
1,134
30
10
20
1 043
1, 043
29
10
19
1 0°8
1,098
25
7
18
984
984
23
g
17
873
873
48
10
38
113
43
70
90
7
83
123
69
54
73
17
56
'273
256
229
27
239
216
23
209
158
51
237
194
43
204
184
20
270
255
15
247
214
33
199
142
57
208
179
29
205
175
30
168
133
35
--
2
MOTOR VEHICLES
Factory sales, total
Coaches, total
-_ .Domestic
Passenger cars, total
Domestic
Trucks total
Domestic
Exports total
__
Passenger cars
-Trucks
Truck trailiers, production, total
Complete trailers
Vans
All other _
Chassis shipped as such
Registrations:
New passenger cars
New commercial cars
__
--
do
do
2 601
2 504
1 482
1 022
97
RAILWAY EQUIPMENT
American Railway Car Institute:
Shipments:
Freight cars, total
_
number
Equipment manufacturers, total
do-_
Domestic
- -do
Railroad shops, domestic
do _ _
Passenger cars, total
do
Equipment manufacturers, total
do-_
Domestic
do
Railroad shops, domestic
do
Association of American Railroads:
Freight cars (class I), end of month:^
Number owned
thousands
Undergoing or awaiting classified repairs
thousands- .
Percent of total on line
Orders unfilled
number
E quipment manufacturers - do
Railroad shops
do
Locomotives (class I) , end of month :
Steam, undergoing or awaiting classified repairs
number. _
Percent of total on line
Orders unfilled:
Steam locomotives, total
number-Equipment manufacturers -_
do
Railroad shops
do
Other locomotives, total
do
E quipment manufacturers
do
Railroad shops
__do
Exports of locomotives, total
do
Steam
do
Other
do
o
o
o
9
6
6
2
o
o
o
o
o
o
184
251
245
933
70
70
65
o
Q
INDUSTRIAL ELECTRIC TRUCKS AND
TRACTORS
^Shipments, total
Domestin
Export
_ number__
do
do
r 213
'60
202
183
19
.*2• Revised. 1 No quotation.
Data beginning May 1949 for aircraft exports, and beginning July 1949 for truck exports and total motor-vehicle exports are not comparable with earlier figures; see note "1" for p. S-21.
cT Publication of data for military shipments and the total, previously shown here, has been discontinued by the Civil Aeronautics Administration.
including railroad-owned private refrigerator cars.
U. S. GOVERNMENT PRINTING OFFICE
•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
38
Abrasive paper and cloth (coated).
____
24
Acids—..
Advertising2
Agricultural income and marketings
15
Agricultural wages, loans
._
22
Air-line operations
Aircraft
10,11,12,14,40
Alcohol, denatured, ethyl, and methyl
24
Alcoholic beverages
2,27
Aluminum
33
Animal fats, greases
25
Anthracite
2,4,11,12,13,15,36
Apparel, wearing
4, 5, 7, 8,10,11,12,13,14, 38
Armed forces
10
Asphalt and asphalt products
37
Automobiles
2, 3, 7,8,10,11,12,14,18, 21
Banking
15,16
Barley
28
Barrels and drums
32
Battery shipments
34
Beef and veal
_
29
Beverages, alcoholic
2, 27
Bituminous coal
2,4,11,12,13,15,36
Boilers
—— 33,34
Bonds, issues, prices, sales, yields
19, 20
Book publication
36
Brass
33
Brick
__
5,38
Brokers' loans..
—_ 16,19
Building contracts awarded
5,6
Building costs
6
Building construction (see Construction).
Building materials, prices, retail trade
5, 6,8,9
Business, orders, sales, inventories
3
Businesses operating and business turn-over—
4
Butter
—
27
Candy
, 29
Cans, metal
______
33
Capital
flotations
18,19
Carloadings
22,23
Cattle and calves
28, 29
Cement
2,5,38
Cereal and bakery products, price
4
Chain-store sales
8, 9
Cheese
27
Chemicals
2,3, 5,10,11,12,13,14,15,18, 24
Cigars and cigarettes
__
30
Civil-service employees
11
Clay products (see also Stone, clay, etc.)
2,38
Clothing
4, 5, 7, 8,10,11,12,13,14, 38
Coal
-_ 2,4,11,12,13,15,36
Cocoa
29
Coffee___
_
22,29
Coke
2,36
Commercial and industrial failures
4
Construction:
New construction, dollar value
5
Contracts awarded
5,6
Costs
6
Dwelling units started
6
Highway
6,11
Employment, wage rates, earnings, hours _ _ 10,
Consumer credit-.16
Consumer expenditures
1, 7,8
Consumers' price index
4
Copper
21,33
Copra and coconut oil
25
Corn
19, 28
Cost-of-living index (see Consumers' price
index)
4
Cotton, raw, and manufactures
2,
4, 5,10,11,12,13,14, 21,38,39
Cottonseed, cake and meal, oil
25
Crops
2,4, 25, 26, 28,30
Currency in circulation
18
Dairy products
Debits, bank
Debt, short-term, consumer
Debt, United States Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
Dividend payments and rates
Drug store sales
Dwelling units started
..
2,4,5,27
15
16
16
8,9,16
15,16,18
13
__
27
1,20
8, 9
6
Earnings, weekly and hourly
13,14,15
Eggs and poultry
2, 4, 29
Electrical equipment
3,7,8,34
Electric power production, sales, revenues
26
Employment estimates
10,11
Employment indexes
11
Employment security operations
13
Emigration and immigration
23
Engineering construction
6
Exchange rates, foreign
18
Expenditures, United States Government
16
Explosives
24
Exports (see also individual commodities)
21
Express operations
22
Factory, employment, pay rolls, hours, wages. 10,
11,12,13,14,15
Failures, industrial and commercial
4
Farm marketings and income
2
Farm wages
15
Farm products, farm and wholesale prices
2,4
Fats and oils
5, 25, 26
Federal Government,
finance
16,17
Federal Reserve banks, condition of
15
Federal Reserve reporting member banks
15,16
Fertilizers
5, 24
Fiber products
34
Pages marked S
7
fish
_ _ _ 25, 29
25
:
31,32
28
2, 3,
4, 5, 7, 8,10,11,12,13, 14, 27, 28, 29, 30
Footwear
2,5,8,9,10,11,12,13,14,31
Foreclosures, real estate
7
Foreign trade, indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
21, 22
Foundry equipment
34
Freight cars (equipment)
40
Freight carloadings, cars, indexes
22, 23
Freight-car surplus and shortage
23
Fruits and vegetables
2,4,5,21,27
Fuel equipment and heating apparatus
33, 34
Fuel oil
36,37
Fuels
_
2,5,36,37
Fur
_
22,40
Furnaces
34
Furniture
2, 5, 7, 8, 9,10,11,12,13,14
Gas, customers, sales, revenues
26
Gasoline
_
37
Glass and glassware (see also Stone, clay, etc.). 2, 38
Generators and motors
34
Glycerin
_
24
Gold
_._
_
_
18
Grains
4,19, 21, 28
Gross national product
1
Gypsum
38
Fire losses
Fish oils and
Flaxseed
Flooring
Flour, wheat
Food products
Heating and ventilating equipment
33,34
Hides and skins...
5, 22, 30
Highways
5, 6,11,15
Hogs
29
Home-loan banks, loans outstanding
6
Home mortgages
6, 7
Hosiery
5,38
Hotels
11,12,13,15, 23
Hours of work per week
12,13
Housefurnishings
4, 5, 7, 8, 9
Housing
4,5,6
Immigration and emigration
23
Imports (see also individual commodities)
21, 22
Income, personal
1
Income-tax receipts
16
Incorporations, business, new
4
Industrial production indexes
2,3
Instalment loans
16
Instalment sales, department stores
9
Insulating materials
34
Insurance, life
17
Interest and money rates
16
Inventories, manufacturers' and trade
3,8,9
Iron and steel, crude and manufactures
2, 3,
5,10,11,12,13,14,18, 21, 32, 33
Kerosene
37
Labor force
10
Labor disputes, turn-over
13
Lamb and mutton
29
Lard
29
Lead
33
Leather and products. 2, 3, 5,10,11, 12,13,14, 30,31
Linseed oil, cake, and meal
25
Livestock
2,4, 28,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
6, 7,15, 16,19
Locomotives
40
Looms, woolen, activity
39
Lubricants
37
Lumber
2, 5,10,11,12,14, 31,32
Machine activity, cotton, wool
39
Machine tools
10,11,12,14,34
Machinery
2, 3, 10,11,12,14, 18, 21, 34
Magazine advertising
7
Mail-order houses, sales
9
Manufacturers' orders, sales, inventories
3
Manufacturing production indexes
2,3
Meats and meat packing. 2, 4, 5,10,11,12,13,14,29
Metals...
2,3, 5,10,11,12,13,14,18, 32,33
Methanol
24
Milk
27
Minerals
2,3,10,11,12,13,15
Money supply
18
Mortgage loans
6, 7,15
Motor fuel
37
Motor vehicles
8,40
Motors, electrical
34
National product and income
1
Newspaper advertising
7
Newsprint
_ 22,35
New York Stock Exchange
_ 19, 20
Oats
28
Oil burners
34
Oils and fats
5, 25, 26
Oleomargarine
26
Operating businesses and business turn-over. _
4
Orders, new, manufacturers'
3
Paint and paint materials
5, 26
Paper and pulp
2, 5,10,11,12,13,14, 35
Paper products
35
Passports issued
23
Pay rolls, indexes
12
Personal income
1
Personal savings and disposable income
1
Petroleum and products
2,3,
5,10,11,12,13,14,15,18, 21, 22, 36,37
Pig iron
32
Plant and equipment expenditures
1
Pages marked S
Plywood
__
31
Pork
29
Postal business
7
Postal savings
16
Poultry and eggs
2,4,29
Prices (see also individual commodities):
Consumers' price index
4
Received and paid by farmers
4
Retail price indexes
4
Wholesale price indexes
5
Printing
2,3, 10, 11, 12, 13, 14,15,36
Profits, corporation
18
Public utilities
1, 4, 5,11,12,13, 15,17,18,19, 20
Pullman Company
23
Pulpwood
34
Pumps
34
Purchasing power of the dollar
5
Radio advertising
7
Railways, operations, equipment, financial
statistics, employment, wages
1,
11,12, 13,15,17,18,19, 20, 22, 40
Railways, street. (See Street railways, etc.)
Rayon, and rayon manufactures
2,
5,10,11,12,13,14, 39
Real estate
.
6,7
Receipts, United States Government
16
Reconstruction Finance Corporation, loans
17
Refrigerators
34
Rents (housing), index
4
Retail trade, all retail stores, chain stores,
department stores, mail order, rural sales,
general merchandise
3,4, 7,8,9
Rice.
28
Roofing and siding, asphalt
37
Rosin and turpentine
24
Rubber, natural, synthetic, and reclaimed,
tires, and tubes
___ 22,36,37
Rubber industry, production index, sales,
inventories, employment, pay rolls, hours,
earnings
2,3,10,11,12,13,14,15
Rye___
_
28
Savings deposits
16
Savings, personal
1
Scales and balances
34
Securities issued
18,19
Service industries employment
10,11
Sewer pipe, clay
38
Sheep and lambs
29
Shipbuilding
10,11,12,14
Shoes
2,5,8,9,10,11,12, 13, 14,31
Shortenings
26
Silk, imports, prices
5, 22,39
Silver
18
Skins
5,22,30
Slaughtering and meat packing
2,
10, 11, 12, 13,14, 28, 29
Soybeans, and soybean oil
25,26
Spindle activity, cotton, wool
39
Steel ingots and steel manufactures (see also
Iron and steel)
32, 33
Steel, scrap
32
Stocks, department stores (see also Manufacturers' inventories)
9
Stocks, dividends, issues, prices, sales, yields.
20
Stokers, mechanical
34
Stone, clay, and glass products
2,
10, 11,12,13, 14,38
Stoves
34
Street railways and busses
11,12,13,15
Sugar
22, 29, 30
Sulfur
.
24
Sulfuric acid
24
Superphosphate
24
Tea
30
Telephone, telegraph, cable, and radio-telegraph carriers
11,12,13,15, 23
Textiles
2, 3, 5,10,11,12,13,14, 38, 39,40
Tile
38
Tin
33
Tires and inner tubes
5,37,38
Tobacco
2, 3, 4, 7, 10,11, 12, 13, 14, 30
Tools, machine
10,11,12,14,34
Trade, retail and wholesale
8, 9, 10, 11, 12, 13, 15
Transit lines, local
22
Transportation, commodity and passenger
22, 23
Transportation equipment- 2,3,10,11, 12,14, 18, 40
Travel
22, 23
Truck trailers
40
Trucks and tractors
40
Turpentine and rosin
24
Unemployment and unemployment compensation
10,13
United States Government bonds
16, 18, 19
United States Government,
finance
16, 17
Utilities
1,4, 5,10,11,12,13,15,17,18,19,20
Vacuum cleaners
34
Variety stores
8,9
Vegetable oils
25,26
Vegetables and fruits
2,4,5,21,27
Vessels cleared in foreign trade
23
Veterans' unemployment allowances
13
Wages, factory and miscellaneous
13, 14,15
War expenditures
16,17
Washers
34
Water heaters
34
Wax
_
37
Wheat and wheat
flour..
_
19, 28
Wholesale price indexes
5
Wholesale trade
3,9
Wood pulp
35
Wool and wool manufactures
2,
5,10, 11,12,13,14, 22, 39,40
Zinc.
33
•
A BASIC TOOL FOR BUSINESSMEN
ECONOMISTS, AND STATISTICIANS ENGAGING
IN CURRENT BUSINESS ANALYSIS
OR RESEARCH IN BUSINESS AND RELATED
ECONOMIC PROBLEMS
• • • J^ Afadcd&ca^
More than 2,600 series of commercial and governmental statistics for the business world are included in the
1949 Statistical Supplement presented by the Office of Business Economics as the historical record of series now
appearing monthly in the SURVEY OF CURRENT BUSINESS.
The Supplement provides monthly data from January 1945 through December 1948 and annual averages of
monthly data from 1935 through 1948, plus complete annotations for meaningful use.
Business indexes on income payments, farm marketings, industrial production, orders, shipments, inventories;
statistics on construction, advertising, postal receipts, domestic trade, employment, wages, pay rolls, banking,
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markets; authoritative figures on exports, imports, transportation and communications, commodities, and many other
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Complete descriptions and explanations of the data covered in the tables and in the monthly SURVEY OF
CURRENT BUSINESS, providing the reader with information essential to the proper use of the data— definitions
of the statistical units employed, methods by which they are collected, adequacy of samples. In addition, the notes
direct the reader to sources of monthly and annual data prior to January 1945 and call attention to changes in the
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