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OCTOBER

EOT

U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS

1952

SURVEY

OF C U R R E N T

BUSINESS

/^°^\

Albuquerque, CV. Mex,

^x^ii«<^NSsv\.

Vol. 32 ffl . . JE
I K-I
1

I

\S\ AT0. 10

^^SSB.
^§iii*Sfe

IjjUl
I

204 S. 10th St.

Memphis 3, Tenn.
229 Federal Bid*.

Atlanta 3, Gn.
86 Forsyth St. NW.

Miami 32, Fia.
^ft TVTT
s;*
.30
!>JCj. }<';_at
r i r g t ot.

Baltimore 2, M<1.
200 E. Lexington St.

Milwaukee 2, Wig.
207 E. Michigan St.

BnetiMi °. Mas*.
40 Broad St.

Minneapolis 2, Minn,
607 Marquetfe Ave.

Buffalo 3, N. Y.
117 Silk-alt St.

Mobile 10, Ala.
109-13 St. Joseph St.

Buit*% Moat.
306 Federal Bid jr.

New Orleans 12, La.
333 St. Cbark-8 Are.

Charleston 4, S. C.
Area 2,
Sergeant Jasper Blclg.

New York 36, N. Y.
2 Went 43d St.

Chcyenno. Wyo.
308 Federal Office BJd«.

Oklahoma City 2, Okla.
114 N. Broadwav

Chicago 1, 111.
221 N. LaSalle St.

Omaha, Nebr.
403 S<>. 15th St.

Cincinnati 2, Ohio
105 W. Fourth St,

Philadelphia 7, Pa.
1015 Chestnut St.

Cleveland 14, Ohio
925 Eoclid AT*.

Phoenix, Ariz,
311 IS. Central Ave.

Dallas 2, Tex.
1114 Commerce St.

Pittsburgh 22, Pa.
717 Liberty Aye.

Denver 2 C lo
142 New Custom House

520 SW. Morrison St.

Detroit 26, Mich,
1214GrmvoIdSt.

Proridence 3, R. I.
327 Post Office Annex

El Paso, Tex.
Chamber of Commerce
Bldg.

He no, Ner,
1179 Wells Are,

Hartford 1. Conn.
135 High St.

Richmond, Va.
400 East Main Si.

Houston, Tex.
430 Lamnr St.

St. Louis 1, Mo.
1114 Market St,

Jacksonville 1, Fia.
311 W. Monroe St.

Salt Lake City 1, Utah
109 W. Second St., So.

Kansas City 6, Mo.
903 McGee St.

San Francisco 2, Calif.
870 Market St.

Loa Angeles 15, Calif.
112 West °<tfa St

Savannah, Ga.
125—29 Hnll Si

Louisville 2, Ky.
631 Federal Bldf,

Seattle 4, Wash.
123 U. S. Court tlouae

I

xUjiP^
^4SS5-^

O C T O B E R 1952

L^ontents
PAGE

THE BUSINESS SITUATION

1

Current Price Developments
*5*T

Tk

3
"4?

SPECIAL ARTICLE
Foreign Aid in Fiscal 1952
if

*

6
*

NEW OR REVISED STATISTICAL SERIES
Revision of Business Sales, Orders, and Inventories . . 12
* * *
FARM INCOME AND MARKETINGS
* * *

. . . . . . 19

MANUFACTURING PRODUCTION
Worker Payroll Index .
Worker Employment Index
* * *

19
20

RADIO AND TELEVISION SETS, PRODUCTION

20

*

if

if

MONTHLY BUSINESS STATISTICS
Statistical Index

. .S-ltoS-40
Inside Back Cover

Published by the U. S. Department of Commerce, C H A R L E S S A W Y E R ,
Secretary. Office of Business Economics, ML JOSEPH MEEHAN,
Director. Subscription price, including weekly statistical supplement, is
$3.25 a year; Foreign, $4.25. Single copy, 30 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.




DEPARTMENT OF C O M M E R C E
FIELD SERVICE

For local telephone listing, consult section
devoted to U. S. Government

OCTOBER 1952

By the Office of Business Economics

Sales of Retail Stores
INDEX, MO. AVG. 1951 = 100

INDEX, MO. AVG. 1951 -100

420

ALL RETAIL STORES

AUTOMOTIVE

110

110

100

100

90

90

80

80
120

120

FURNITURE AND
APPLIANCES

LUMBER, BUILDING.
AND HARDWARE

I 10

110

too

100

90

90

80

80

110

APPAREL

110

FOOD

too

100

90

90

110

110

GASOLINE SER
VICE STATIONS

too

100

90

no

90

DRUG AND PROPRIETARY

no

JEWELRY

100

100

90

90

THE pace of economic activity quickened during September, due to the usual seasonal pickup and to the recovery of
those segments affected by the steel shutdown. Industrial
production extended its recovery with steel and automobiles
making substantial gains. Total employment continued at
peak volumes while prices, except for farm products and foods
affected by seasonally heavy marketings, continued firm.
Personal income in August, flowing at $267 billion, seasonally adjusted annual rate, was $3.2 billion above the July
volume which bore the brunt of the steel shutdown effects.
This buying power made itself felt at retail stores where aggregate sales, in continuation of the tendency toward freer
spending that has been intermittently under way for about
a year, moved higher wherever adequate supplies were available. A feature of the chart at the left is that sales rose in
August at all major groups of retail stores except food and
automobiles; the drop in the latter was ascribable to a lack
of cars for dealers to sell rather than unwillingness or inability of consumers to buy. Retail sales of all except automotive stores were in the aggregate appreciably above July
and back to the improved June total. The recoveries in
sales by furniture and appliance stores; lumber, building
materials, and hardware stores; and general merchandise and
apparel stores are especially noteworthy in view of the sharp
setbacks they experienced last year.
Investment remains large
Private investment continues at record high rates. New
residential construction in September, after allowance for
seasonal changes, moved up to an $11 billion annual rate;
this was one-tenth above September 1951 although the total
for the first 9 months of the year was about 2 percent less
than in the corresponding period of 1951. Construction of
all other than residential projects has shown little change
although there were mildly divergent trends among the
various industrial segments. Outlays for other than residential construction put in place in September were 2 percent
below September 1951 but the total for the first 9 months
was virtually unchanged from last year.
Expenditures for producers, durable equipment, necessitated by the new plants going up, continue in heavy volume.
August shipments of machine tools rebounded approximately
to the second quarter level after the enforced dip in July.
The high rate of current shipments and the tremendous
backlog of unfilled orders for machine tools indicate that the
tooling-up phase of the defense buildup is by no means
complete.

Production rises further
1952

1951

1951

1952

SEASONALLY ADJUSTED
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS

222127°—52
1



52-149

The sharp recovery in industrial production following the
settlement of the work stoppage in the steel industry continued in September with output now about as high or higher

SURVEY OF CURRENT BUSINESS
than at any time in the postwar period. This continued advance in output was featured by capacity operations in steel
mills and in crude petroleum runs to refineries and by the
attainment of higher output for machinery, aircraft, automobiles, television sets, paperboard, and coal.
Steel mills in September produced an average of over 2.1
million tons of steel ingots and castings per week, an operating rate somewhat in excess of the rated capacity as of January 1, 1952. For the first 2 weeks of October, the weekly
rate was even higher, averaging about 106 percent of capacity.
Steel capacity is being expanded considerably this year.
With supplies of finished steel moving more freely and
some overtime work in a number of plants, the automobile
industry exceeded the prestrike rate by a substantial margin,
Business expectations indicate
near-term stability
Index, Aug. 1939 = 100
400 SPOT MARKET PRICES
(28 COMMODITIES)
B.L.S. DATA

300 -

200 -

100

Billion Dollars
30
MANUFACTURERS' NEW
ORDERS
(NET VALUE)

October 1952

durable goods. The number of television receivers turned
out averaged 150,000 units per week in September, up twofifths from the previous month. A rise was also experienced
for radio production. Preliminary information points to a
further advance in the output of other household appliances.
The production of paperboard has been running at a rate
only moderately below the peak reached in June 1951 while
mill consumption of textile fibers has continued to show
marked improvement from the relatively low level of the
first half of the year.

New orders resume rise
New order placed with manufacturers increased again in
August following their July dip. The rise was entirely due
to a 10-percent larger volume of new orders for nondurable
goods as orders for durables declined fractionally. Because
the new orders exceeded shipments, unfilled orders rose $800
million to more than $70 billion with the durable and nondurable goods groups each getting half of the backlog increment. The durable goods backlog of $66 billion has been
built up over a period of approximately 3 years during which
it has grown steadily month after month with the sole interruption occurring last May. Although durable goods
output has remained at or close to current practical capacity
in many major lines—except for temporary interruptions—
for over a year, incoming orders continue to exceed shipments.
Partly because of the rising sales volume and shrinking
inventories of retail nondurable goods stores in August, new
orders received by the producers of such goods during the
month were the largest since March 1951. Unfilled orders
on manufacturers' books at the end of August constituted a
backlog larger than at any time since last November.

25

Rebuilding of metal inventories
Business inventories adjusted for seasonal variation totaled
about $200 million less at the end of August than at the
beginning. Manufacturers added $400 million to their
stocks and brought them back to the end of May prestrike
figure; of this total, $270 million were added to stocks held
by durable goods producers, chiefly motor vehicles and other
transportation equipment, and primary and fabricated
metals, while the other $130 million consisted mainly of
additions to stocks of apparel producers.
Trade inventories, on the other hand, after allowance for
the usual seasonal patterns, were drawn down during August. Those held by wholesalers declined $100 million;
stocks held by most major groups of retail stores were
reduced in the aggregate by $500 million.

20

15
Ratio
RATIO OF STOCKS PLUS OUTSTANDING ORDERS
TO SALES, 296 DEPARTMENT STORES
(BASIC DATA FED. RES. BD.)

g?

1950

1951

1952

Employment continues high

tt S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS

turning out 550,000 units. The month's performance—
440,000 passenger cars and 110,000 trucks—represented a
new high for the year and the best monthly total since June
1951 when 617,000 cars were completed. Despite the sharp
pickup in September, assemblies of passenger cars of 820,000
units for the third quarter as a whole were still considerably
below the quota permitted under NPA allocations. For the
October-December period, the industry has been authorized
to produce 1,150,000 passenger cars and 285,000 trucks and
for the first quarter of 1953 at least 1,250,000 cars and
315,000 trucks, the highest since the inauguration of the
Controlled Materials Plan.
The upward tendency in consumer demand has been reflected in stepped-up production schedules for most consumer



The continued advance of defense and capital goods output to which is currently being added the recovery in some
recently depressed consumer goods industries, is resulting in
a more nearly complete utilization of the Nation's labor resources than at any time since World War II. The Bureau
of the Census reported that in early September 62.3 million
persons or almost 98 percent of the civilian labor force were
employed and only 1.4 million, or slightly over 2 percent,
unemployed. Agricultural employment rose contraseasonally by 0.5 million as cotton picking and the corn harvest
reached full swing.
Employment in nonagricultural activities registered a
seasonal decline of 0.7 million as approximately 1.5 million
workers of school age left nonfarm jobs between the August
and September reporting dates; partly offsetting this with-

SURVEY OF CURRENT BUSINESS

October 1952

drawal was a substantial increase in the number of adult
women in nonagricultural employment as teachers returned
to the schools.

Workweek expansible
The average length of the workweek in manufacturing
industries during August was 40.2 hours. As shown in the
accompanying table, the workweek has been reduced by 1
hour from 2 years ago.
Average hours worked per week in manufacturing
Aug.
19S9

All manufacturers
Durable goods
Nondurable goods

Aug.
1944

Aug.
1949

Aug.
1950

Aug.
1951

Aug.
W5%

38. 1 45. 2 39. 1 41.2 40. 3 40. 2
38. 7 46. 6 39. 3 41.8 41. 3 40. 6
37. 8 43.0 38. 9 40.5 39. 1 39. 8

Among the evidence of improvement in consumer goods
industries in recent months is the increase in hours worked

per week. Between April and August this year, the textile
industry week lengthened from 37.2 to 39.4 hours while in
the corresponding period of 1951 it was shortened by 3.2
hours. In the apparel industry group, 35.0 hours a week
were worked in April 1952 and 37.2 hours in August whereas
in the similar period of last year, the workweek contracted
from 36.5 hours in April to 35.8 in August.
Somewhat similar extension of the workweek this year in
contrast to curtailment last year occurred in furniture and
fixtures and various other consumer goods industries. Most
producers' durable goods industries, on the other hand, have
shown a tendency toward a fractional shortening of the
workweek this year as compared to 1951.
Chiefly because of the decided lengthening of the workweek in some basic consumer goods industries, average
weekly pay in these lines has risen at faster rates in recent
months than in most other types of manufactures. Coupled
with expansion of employment this has resulted in larger
relative growth in total payrolls than in most other industries.

Current Price Developments
OALIENT features of the current commodity price situation are: divergent price movements of various farm products
and foods under the influence of supply changes; firmness of
consumer goods and industrial raw material prices in contrast
to earlier weakness; and basic stability of the domestic price
structure under conditions of a firm over-all demand.
Recent movements of the indicators shown in the chart
on page two suggest that businessmen are not anticipating
any sharp inflationary or deflationary developments in the

Index, Dec. /949=/pO

125
WHOLESALE PRICES
(ALL

Table 1.—Wholesale Price Movements of Four Major Groups
[Index numbers, 1947^9=100]

Commodity price groups

Rise in retail and wholesale prices
since 1949

120

near future. The generally sideways movement of sensitive
commodity prices in spot markets in recent weeks suggests
that prospective requirements for basic raw materials are
well-balanced by prospective supplies. The gently rising

COMMODITIES)

115

Decem- March
ber
1951
1949

June
1952

July
1952

March August
1951 as 1952 as
August percent percent
1952
of De- of December cember
1949
1949

All commodities.

97.7

116.5

111.2

111.8

112.1

119.2

114.7

Predominantly raw and semimanufactured products
prices:
Farm
Nonfarm
Farm and nonfarm,
combined

89.0
99.6

117.5
123.4

107.3
114.2

110.2
114.5

109.9
116.0

132.0
123.9

123.5
116.5

94.7

120.7

111.0

112.5

113.1

127.5

119.4

Predominantly finished manufactures prices:
Processed foods
Nonfoods
Foods and nonfoods,
combined
.._ -

94.3
103.4

112.0
115.3

108.5
112.0

110.0
111.8

110.5
111.9

118.8
111.5

117.2
108.2

99.0

114.5

111.2

111.4

111.6

115.7

112.7

Source of basic data: U. S. Department of Labor, Bureau of Labor Statistics.

IIO

trend of new orders for manufactured products together with
a sustained high level of unfilled orders indicate the maintenance of industrial activity at current levels or above for the
near term. The ratio of stocks plus outstanding orders of
department stores to sales indicates that merchants are
buying normally in relation to prospective requirements.

RETAIL PRICES
(ALL

COMMODITIES)

105

IOO
* BASIC INDEXES, B. L. S.

Supply changes acting on prices
95

I

I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I

jjjl
U. S. DEPARTMENT

1950

1951

OF COMMERCE. OFFICE OF BUSINESS ECONOMICS




1952
52-146

Apart from special situations, chiefly in metals, supplies
available from current high production and ample stocks, are

SUKVEY OF CURRENT BUSINESS
generally adequate in relation to requirements and are therefore not in most cases a market factor tending to move prices.
Supplies of some farm products and foods, however, are
undergoing changes that are partly seasonal in character and
these are leading to price changes needed to adjust the altered
supplies to the demand for the commodities in question.
Federally inspected slaughter of beef for the 4 weeks ended
September 20 was 10 percent above the 4 weeks ended
August 16, 21 percent above the corresponding period a year
ago, and highest since December 1950. Estimated Federally
inspected hog slaughter w^as up 22 percent from the preceding
4-week period although 11 percent below a year earlier.
Slaughter of lamb and mutton combined and of veal were
well above last month and a year ago. As a consequence of
this relatively large volume of marketings, prices received
by farmers for meat animals sold in mid-September averaged

Consumers9 Prices
I2O

115

^—\

ALL
ITEMS

HOUSEFURNISHINGS
'

no

IO5

^FUEL, ELECTRICITY, AND
REFRIGERATION

100

I

I I I I

I I I

1951
NOTE.- BASIC INDEXES,

I

I I

I I I I I I I I

I I 1I

1952

B. L. S.

U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS

52-147

6 percent below August quotations, 15 percent below
September 1951, and the lowest since June 1950.
September marketings of truck crops were unusually heavy
for the season; hence truck crop prices declined during the
month by considerably more than is usual. Prices received
by farmers for fruit marketed fell for the same reason. By
contrast, poultry and egg marketings were seasonally low in
September so there was a 1-percent increase in prices received by farmers for them as compared to August. Dairy
products marketed either declined or remained low in volume
and rose 4 percent in price but this was less than the usual
seasonal increase. Prices received for cotton rose 3 percent
during the month as the 1952 crop appears in prospect to be
about 8 percent smaller than that of 1951.
With regard to all farm products, total production this year
is expected to be the largest on record. As the progress of



the harvests brought this favorable supply prospect closer to
realization, prices received by farmers for all products
marketed in September moved 2 percent below those in
August. Processed foods, especially meats, have also reflected this augmented supply prospect by lower price
quotations in September wholesale markets as compared to
August.
Since June, the most significant development in wholesale
markets was the greater firmness and tendency to rise among
raw and semiprocessed materials as compared to finished
products. In September, as previously mentioned, farm
materials fell back below the June level under seasonal
supply pressure but nonfarm materials, especially the metals,
held their advance. During these 3 months, finished manufactures on the average remained exceptionally stable,
especially the nonfoods. Processed foods moved appreciably
higher in July and August but yielded somewhat to seasonal
supply pressure in September.

Other costs also rising

Index, Dec. 1949=IOO

FOOD

October 1952

In addition to the upturn in some of the raw material
prices, other major cost components of manufactured goods
prices continue on the upward trend. Chief among these is
average hourly earnings of production workers in manufacturing establishments, which reached $1.663 an hour in
August, up 4 percent since August of last year. Not all of
this pay rise necessarily pushes up labor cost if there has
been an offsetting increase in output per man-hour.
Another rising cost element is freight. In May, increases
in railroad freight rates were authorized averaging 6.7 percent
over all classes of commodities. For the year as a whole,
authorized railroad freight rates will average 8 percent above
those in effect in 1951. It is estimated that motor freight
rates have risen by roughly the same amount. It should be
noted that about one-fifth of these authorized freight increases have not yet become effective either because State
regulatory authorities have refused permission to apply them
in intrastate traffic or because competition between carriers
has kept them in abeyance.
The movements of raw material prices, workers' hourly
earnings, and prices of finished products in selected industries
are shown in the accompanying chart. In the meat industry, it will be noted that meat prices and livestock prices
move in closer correspondence to each other than is the case,
for example, in the rubber industry. This is because outlays
for livestock constitute a high proportion of the total cost of
meats while crude rubber forms a much smaller fraction of
the total cost of tires and tubes.
Similarly the degree of correspondence between workers'
hourly earnings and the prices of finished products depends
largely upon the portion of total cost constituted by the wage
bill. It is clear from the chart that an important result of
the adjustments in the wholesale price structure since early
1951 has been to reduce the fraction of total selling prices
constituted by raw material costs.

Wholesale and retail prices aligned
Another phase of the recent period of price adjustment,
as shown in the accompanying chart, was to reduce the portion of the price to the consumer of retail merchandise that
merchants pay out to suppliers of the goods sold. This reduction of wholesale prices paid by merchants has enabled
them to absorb part of the wage rise of 7 percent granted to
workers in trade since March 1951.
It is also apparent from the chart that prices in both wholesale and retail markets currently average 15 percent above
that of December 1949 when the price level reached its low
in the 1949 inventory recession. The two curves in the chart

SUEVEY OF CURRENT BUSINESS

October 1952

are not entirely comparable since some of the producer goods
included in the wholesale index are not sold in retail stores.

Consumer prices keep rising
The period of downward price adjustment did not affect
prices paid by consumers to the same extent as prices at
Raw materials' prices moving into closer
alignment with finished products
Ratio Scale
Index, Dec. 1949-100

300

tail prices, such as trade wages and freight charges, kept on
rising. So did prices paid by consumers for services such as
rent, medical care, transportation, and personal services.
As shown in the accompanying chart, the major downward
adjustments in prices paid by consumers occurred in apparel
and house furnishings.
Food prices declined substantially but briefly last February
only to turn up again in April and continue rising through
August. The average of all consumer prices in August was
the highest recorded. It is probable, however, that the September decline in farm products will, after a lag, be reflected
to some extent in retail food prices.
A feature of recent price tendencies is the relative firmness
of prices of apparel and house furnishings. During August,
Table 2.—Relative Movements of Raw Materials and Finished
Product Prices

200

[Based on indexes, 1947-49=1001
March 1951 August 1952
as percent as percent
of Decem- of December 1949
ber 1949

Wholesale commodity price group

All commodities _

100

All predominantly raw and semimanufactured commodities .

200

All predominantlyfinishedmanufactures

.

Farm food products
Processed foods
Livestock
Meats
Milk for manufacturing
Dairy products and ice cream
Grains
Cereal and bakery products

HIDES a SKINS-Prices

\

Plant and animal
Apparel
Raw cotton
Cotton products
Apparel wool
Wool products
Raw silk
Silk products

100

90
80
70
60
I I t I » I

50

_ _ _

_
_

fibers

Hides and skins
Footwear leather
Petroleum, crude _
Gasoline
Coal
Gas
Electricity

_ _ _

_
_ _ _ _ _ _

___

_

_

_

Industrial chemicals
Fats and oils, inedible
Other chemicals and products
Paint materials
Prepared paints
Fertilizer materials
Mixed fertilizers
Crude rubber
Tires and tubes
•_
Footwear rubber

200

LIVESTOCK- Prices

Lumber
M! ill work
Wood household furniture
Woodpulp and waste paper
_
Paper and converted paper and paperboard products

100

90

Iron ore and iron-steel scrap
Finished steel
Nonferrous metals
Machinery and motive products
Household appliances, radio, a n d television
Leaf tobacco
Cigarettes

150
LUMBER-Prices

100
90

__
_

_
_ _

- -

_ _ _ _ _ _

119

115

127

120

116

113

128
119
145
134
123
111
117
112

124
117
125
130
121
119
113
111

184
110
149
130
285
163
189
162

123
105
129
107
107
111
183
154

150
121
101
111
104
103
95

71
108
101
111
100
101
96

128
220
119
125
111
101
104
249
132
135

121
91
111
110
113
107
107
145
125
124

129
123
117
146
120

123
119
113
115
120

137
112
137
112
104
111
103

134
117
135
115
103
111
103

Source of basic data: U. S. Department of Labor, Bureau of Labor Statistics.
1950

1951

1952

BASIC DATA, B.L.S.
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS

wholesale; this is evident from the contrasting movement of
the wholesale and retail price indexes in the chart. Wholesale prices are only one cost element in retail prices, and, as
previously mentioned, other cost elements entering into re-




apparel prices at wholesale and retail declined only fractionally. At wholesale, they stood 5 percent below last year's
peak and at retail, 4 percent below. House furnishings
prices to consumers in August, unchanged from July, were
4 percent below their 1951 peak; at wholesale, quotations
remained stationary in July and August at a discount of 3
percent from last year's high.

by Cora E. Shepler

FOREIGN AID
in Fiscal Year 1952
SHORTLY before the close of fiscal year 1952 Congress
authorized the extension of the mutual-security program
under which nine-tenths of foreign aid is currently furnished.
Almost $5.8 billion of additional funds were made available
for the program by the appropriation act which follovved.
Of these new funds, nearly three-fourths is to be used for
military aid, including assistance to the North Atlantic
Treaty Organization (NATO). The balance is available for
economic aid, technical assistance, refugee relief, and contributions to various other international organizations.
By June 30, 1952, all but $500 million of the $11.8 billion
of funds previously made available for military aid under the
mutual-security program and its predecessor, the mutualdefense assistance program, had been obligated. At that
date obligations for military aid to Europe reached over
$9% billion, those for the Near East and African area nearly
$1 billion, and for Asia and the Pacific over $1 billion.
Increases in military aid during the last three fiscal years
have compensated for the planned decline of economic aid.
Thus, aid totals have shown but little variation on an annual
basis, amounting to $5.1 billion in 1950, $4.8 billion in 1951,
and $5.0 billion in 1952. Within these totals, however, the
relationship of military to economic aid has changed sharply.
Military aid, which comprised only 4 percent of total
assistance in fiscal year 1950—the last year before the outbreak of Korean hostilities—has risen rapidly, accounting
for 24 percent in 1951 and 38 percent in 1952. By the final
quarter of fiscal year 1952, the military-aid component had
increased to 44 percent and gross foreign aid was higher
than in any preceding quarter of the 3 years, reaching an
annual rate of over $6 billion.

Returns are sizable
As shown in table 1, aid netted by "returns" in the form
of repayments on credits, counterpart funds, and returned
lend-lease vessels has closely followed the pattern of gross
aid since the Korean invasion. With such returns reaching
nearly a billion dollars in the 2 years, net aid furnished in
the period amounted to $8.9 billion, comprised of $8.5
billion of net grants and $0.5 billion of net credits.
Collections on credits accounted for two-thirds of the
returns in the 2-year period. These included in fiscal year
1952 the first principal payments on the $3% billion British
loan and on the British and French war-account settlements.
Counterpart funds in 1952 showed the same tendency to
decline as the economic-aid programs, since they were
generated primarily by such programs. These funds represent foreign currencies made available without cost to the
United States by the recipients of grants. They are used
to meet certain foreign operating expenses of the Government and, in the case of economic-aid counterpart, to purchase strategic materials for stockpile or to extend loans for
the development of foreign sources of such materials.
The counterpart currencies acquired by the United States
represent a relatively small proportion of the total funds
NOTE.—MRS. SHEPLER IS A MEMBER OF THE CLEARING OFFICE FOR
FOREIGN TRANSACTIONS, OFFICE OF BUSINESS ECONOMICS.



derived by foreign governments from the sale of goods furnished to them as economic-aid grants. Those funds which
are not placed at the disposal of the United States have been
set aside in special accounts and employed by the foreign
countries, with the concurrence of this country, for projects
designed to promote economic development and internal
financial stability, and more recently, for military production
or construction. In Europe the equivalent of $8.7 billion
was withdrawn for such purposes from April 1948, the
beginning of the European-recovery program, through June
1952.

Military assistance increases
Exclusive of economic aid for defense support, about
$3 billion of military assistance was furnished abroad by
the United States Government in the 2 years beginning
July 1950, nearly two-thirds of this amount moving in the
second year. Military aid reached an annual rate of $2.7
billion in the June quarter of 1952.
For the postwar period as a whole, cumulative military
grants to the European NATO countries—including those
furnished under the Greek-Turkish assistance program
established in 1947—had reached $3 billion by the end of
June 1952. Similar aid to Asia and the Pacific area aggregated $1.3 billion, including an estimated $700 million of
military lend-lease to China in the early postwar years.
Congress appropriated $140 million in July 1952 for the program to develop NATO installations abroad financed on a multilateral basis. These funds are to be used by the Defense
Department for the United States share of the fourth annual
program. Some contributions for the previous annual
shares have already been made from mutual-security program funds but are not included as foreign aid in the data
shown in tables 1 and 2. The total present commitment for
such use is $288 million.
Steps taken during the fiscal year 1952 to strengthen the
security of the free world included the signing of security
treaties between the United States and Australia, New
Zealand, the Philippines, and Japan. Under the latter
treaty Japanese military protection is provided by United
States forces until the people of Japan can fulfill their own
defense requirements. Buying by the United States for
Korean support and the presence of our Armed Forces have
helped Japan to meet her dollar requirements and reduced
the need for aid.
Under the Administrative Agreement implementing the
Security Treaty, Japan is contributing to the cost of maintaining its security by making available the equivalent in
yen of $155 million per annum—subject to periodic adjustment—beginning April 29, 1952. These funds are used by
the United States Armed Forces to purchase services and
supplies similar to those which Japan provided under
occupation-charge procedures before it was accorded the
status of an independent nation. An estimated $300 million
yearly of utility, transportation, and other services, including
local labor costs, was provided to the United States without
cost prior to July 1951. In the next 10 months occupation

SUEVEY OF CUEEENT BUSINESS

October 1952

charges were reduced to only half of their former amount
so that the resulting increase in the flow of dollars to Japan
might compensate for the grant program then in the process
of termination.

Aid provides stimulus to production
The mutual-security program furnishes assistance to
European countries not only through military training and
the shipment of United States munitions abroad, but also
through various measures designed to strengthen their
military production so that it may provide more local logistic
support. Such measures include the defense-support and
offshore-procurement programs.
Under the defense-support program the Mutual Security
Agency (MSA) furnishes economic aid in the form of raw
materials and production equipment for the manufacture of
military equipment, as well as coal, cotton, and other commodities to enable the European NATO countries to devote
a larger portion of their production to defense.
Under the offshore-procurement program the Defense
Department contracts for the production in certain European
nations of military equipment to be transferred to mutualsecurity program recipients or to be used by the United
States Armed Forces. It is anticipated that contracts
valued at as much as $1 billion may be placed in fiscal year

1953. The program's main purpose is to permit the expansion of European production beyond the level which can be
financed by European defense budgets alone, although it
has the added advantage of increasing dollar earnings.
Half of the offshore-procurement contracts—which reached
a total of $684 million by the end of June 1952—were placed
in France, with Italy and the United Kingdom receiving the
next largest amounts. About $600 million of these contracts
is being financed from funds appropriated for the 1952
mutual-security program and the balance from regular
Defense Department appropriations. The latter will provide
military hardgoods and ammunition for our Armed Forces.
The Export-Import Bank (EIB) authorized a $200-million
credit to France in June. Disbursements under the loan
reached $154 million by the end of August. Such utilizations
are limited to the dollar amount of certain of the contracts
placed by the Defense Department in France; payments on
the loan will be made by the Defense Department as it
accepts deliveries of materials.

Military sales implement foreign rearmament
The Mutual Defense Assistance Act of 1949 authorizes
the Government to sell materials from its military stocks to
certain foreign countries and to procure goods on the
domestic market for them on a reimbursable basis. Requests

POSTWAR FOREIGN AID
July 1945 through June 1952

MILITARY
ECONOMIC

SOUBCf: US< .DEPARTMENT Of COMMERCE, OFFICE OF BUSINESS ECONOMICS




$ 3.0 billion
$25.8 billion

SURVEY OF CUERENT BUSINESS

8

for such purchases are merged with the over-all domestic
procurement program of the Defense Department, thus
avoiding conflicting demands on the productive capacity of
the United States.
Over 900 requests from 41 foreign governments had been
received for goods and services under this "reimbursable aid"
program by the end of June 1952. Deposits for the shipment
of goods or provision of services, including repair and rehabilitation, aggregated $289 million. These receipts were

October 1952

mainly from Western Hemisphere countries, with about a
fifth of the total from Asia and the Pacific. By this time
the goods and services provided to these areas amounted to
$113 million.
Nearly two-thirds of the total deposited was received by
the United States Government in fiscal year 1952, and nearly
nine-tenths of the goods and services made available under
the program were transferred in that year. The items transferred included naval vessels as well as military equipment

Table 1.—Summary of Foreign Aid (Grants and Credits), by Program: July 1, 1945, through June 30, 1952
[Millions of dollars]
After Korean invasion
Total
postwar
period

Program

Before
Korean
invasion

Fiscal year 1951
Total
Total

Gross foreign aid 1
Grants utilized.
Less* Credit-agreement offsets to grants
Credits utilized
Less: Returns. _ ___ ._

__

Ke verse grants and returns on grants
Principal collected on credits

JulySept.
1950

Oct.Dec.
1950

Fiscal year 1952
Jan.Mar.
1951

Apr.June
1951

JulySept.
1951

Total

Jan.Mar.
1952

Oct.Dec.
1951

Apr.June
1952

38,094

28,251

9,843

4,837

980

1,242

1,232

1,382

5,006

1,246

1,201

1,037

1,521

27, 831
1,256
11, 519

19, 066
1, 256
10, 441

8,765

4,418

890

1,132

1,110

1,286

4,347

1,143

1,095

834

1, 275

1,079

419

91

111

122

96

659

104

106

203

246

3,072

2,178

893

391

104

108

98

81

503

127

148

90

137

1,182
1,890

874
1,304

307
586

139
252

37
67

28
79

39
59

35
46

169
334

33
94

34
114

27
63

76
62

35,022

26,072

8,950

4,446

876

1,134

1,134

1,301

4,504

1,119

1,053

948

1,384

Net grants
Net credits

25, 393
9,629

16, 935
9,137

8,457
493

4,279
167

853
23

1,103
31

1,072
63

1,251
50

4,178
325

1,110
9

1,061
-8

808
140

1,199
184

Grants utilized

27, 831

19, 066

8,765

4,418

890

1,132

1,110

1,286

4,347

1,143

1,095

834

1,275

1, 932

1,932

11. 658
3,123
5, 505
3,443
633
659
243
634

6,986
63
4,806
3,443
519
636
238
444

4.672
3,060
699

2,469
1,149
494

560
136
117

609
270
139

622
322
90

678
422
148

2,203
1.911
205

597
451
81

683
356
46

354
436
42

569
668
36

114
23
5
190

108
20
5
172

34
8
1
34

66
7
2
40

4
3
69

4
3
2
29

1,182

874

307

139

37

28

39

35

133
370
120

133
287
120

83

10

545
13

333
1

212
12

123
6

36
1

27
1

27
1

33
2

90
6

11,519

10,441

1,079

419

91

111

122

96

659

3,750
3,121
2,991
131
1,336
1,256
71

3,750
2.651
2,498
153
1,334
1,256
69

470
493
*Cr23
2

227
248
*Cr22
1

37
40
<3C r 3
()

44
44

79
83
*Cr4
3
()

66
81
*Crl5
1

243
245
<Crl
1

1,533
452

990
390

542
62

141
50

49
4

28
38

39
4

25
4

401
12

1,890

1,304

586

252

67

79

59

46

334

632
482
149
123
22
21
507

44
307
286
21
106
22
14
92

19
18
2
9
1

44
169
165
4
60
20
7
34

Equals: Net foreign aid

_

Lend-lease
Mutual security:
Economic and technical assistance
Military aid
Civilian supplies
UNRRA, post-UNRRA, and interim aid
Philippine rehabilitation
Greek-Turkish aid .__
Chinese stabilization and military aid
Other
Reverse grants and returns on grants
Reverse lend-lease
Return of lend-lease ships
_
War-account cash settlements
Counterpart funds:
Economic and technical assistance
Military aid
Credits utilized
Special British loan
_ __ _ __
Export-Import Bank
Direct loans
Loans through agent banks .
Surplus property (including merchant ships)
Credit-agreement offsets to grants
Lend-lease (excluding settlement credits)
Mutual security (including loans to Spam and
India)
_
Other
Principal collected on credits..
Special British loan
Export-Import Bank
_ __
Direct loans
Loans through agent banks _ . _
Surplus property (including merchant ships)
Credit-agreement offsets to grants
Lend-lease (excluding settlement credits)
Other

44
939
769
170
229
44
35
598

2

(3)

138
122
17
46
2
7
58

i Foreign aid is denned to comprise two categories—grants and credits. Grants are largely
outright gifts for which no payment is expected, or which at most involve an obligation on the
part of the receiver to extend aid to the United States or other countries to achieve a common
objective. Credits are loans or other agreements which give rise to specific obligations to
repay, over a period of years, usually with interest. In some instances assistance has been
given with the understanding that a decision as to repayment will be made at a later date;
such assistance is included in grants. At such time as an agreement is reached for repayment
over a period of years, a credit is established. Because such credits cannot, as a rule, be deducted from specific grants recorded in previous periods, they are included in both grants
(at the earlier period) and credits (at the time of the agreement), and the amounts of such
credit-agreement offsets to grants are deducted from the total grants and credits in arriving
at gross foreign aid. All known returns to the United States Government stemming from
grants and credits are taken into account in net foreign aid. Gross foreign aid less the returns
is net foreign aid, which is shown as net grants and net credits. Foreign aid is measured, for
the different mechanics of assistance in use, as follows: (1) at the time of shipment of goods or
extension of services, for procurement by a United States Government agency; (2) at the time
of payment when cash aid is disbursed to a foreign government or other foreign entity, including disbursements for procurement by that government, or entity, or its agents; (3) at the time




(3)

()
(3)

6
3
18

2
3

(3)

I
1

(3)

(2)

39
27
12
11
1
5
11

(33)
()

49
47
2
9
21

31
30
1
17
1
1
10

(3)

16

(2)

1

8

1

1

27

76

13

2

58

30
3

20
1

22
2

104

106

203

28
28

79
80
*Cr2

70
4

75
2

121
2

135
4

94

114

63

62

44
51
50
2
12
7

46
45
1
13

39
38
2
15

(3)

30
30

(3)

2

(3)

1

34

9
33

169
73

10

3

(3)

(3)

18
246

(3)

106
106

2

33
32
1
21
13
5
23

(3)

(3)

1
3

(33)
()

8

of disbursement to a United States supplier or to a United States bank (for payment to supliers) on behalf of a foreigner for procurement under a letter of credit authorized by a Government agency; or (4) at the time of formal agreement, for obligations assumed by a foreign government, including bulk sales of surplus property under credit agreements. The Government's capital investments in the International Bank ($635 million) and International Monetary Fund ($2,750 million) are not included in gross foreign aid although they constitute an
additional measure taken by this Government to promote foreign economic recovery. Payments to these international financial institutions do not result in immediate equivalent
aid to foreign countries. Use of available dollar funds is largely determined by the managements of the two institutions, subject to certain restraints which can be exercised by the United
States
Government.
2
Negative entry of less than $500,000 results from refunds of cash aid.
3
Less
than $500,000.
4
Negative entry results from excess of EIB repurchases from agent banks over agent-bank
disbursements.
Source: U. S. Department of Commerce, Office of Business Economics.

October 1952

SURVEY OF CURRENT BUSINESS

and services. Such vessels were sold at a reduced rate and
in addition the recipient
countries paid the costs of reactivating them for service.1

Mutual-security economic aid continues large
Economic aid including technical assistance and relief,
although nearly $600 million less in fiscal year 1952 than in
the prior year, still comprised over three-fifths of the total
aid flowing abroad. The decline took place entirely in grants
since credits represented over one-fifth of the economic-aid
total in 1952 as compared to about one-tenth in 1951.
Together the $3.1 billion of grants and loans brought postwar economic aid to $33.6 billion. As shown in the chart,
about three-fourths of the aid in the nonmilitary category
flowed to Europe and about one-sixth to Asia and the Pacific
area.
Assistance furnished under the mutual-security program
and its predecessor programs—including the Europeanrecovery program—made up the greater part of economic aid
in fiscal year 1952, totaling over $2.6 billion or about the
equivalent of the prior-year amount.
Credit aid under the program rose to a somewhat larger
proportion of the whole in 1952. The increase in loans was
in line with the Congressional requirements expressed in the
Mutual Security Act of 1951 which stipulated that no less
than one-tenth of the economic aid provided with funds made
available under the act should be on a loan basis.
France was the largest recipient of the economic aid flowing abroad under the mutual-security program in fiscal year
1952. Together with its dependencies and Indochina, France
received $500 million of such aid, or about one-fifth of the
total. All but $43 million of this amount was in the form of
grants.
The United Kingdom and its dependencies ranked second
with $304 million of aid, including $60 million of credits.
Over $200 million of the grants to the United Kingdom were
furnished in the last quarter of the fiscal year when they were
instrumental in checking the sharp fall in British gold and
dollar reserves which began in the first quarter.
United Kingdom reserves declined from $3.9 billion on
June 30, 1951 to $1.7 billion on the same date a year later.
A substantial portion of this decrease resulted from payments
totaling almost $0.5 billion made by the United Kingdom—
on behalf of the entire sterling area—to the European Payments Union. A fall in the demand for and price of sterlingarea commodities, plus large purchases in the United States,
Canada, and other dollar areas, contributed to the huge
drain. Almost all of the decrease took place in the first 9
months of the year. A halt in the rapid deterioration of
reserves was brought about mainly through measures taken
by the United Kingdom and the sterling area and by means
of the previously mentioned United States grants. Thus it
was possible to limit the decline to only $15 million in the
final 3 months.
Other countries receiving a major share of mutual-security
aid in fiscal year 1952 were Italy and Greece with over $200
million each; Austria, Germany, and the Netherlands with
from $100 million to $200 million each; and Yugoslavia and
Turkey with over $50 million each. The assistance furnished
to these countries was in the form of both grants and credits—
the former predominating—with the exception of aid to
Austria and Yugoslavia which was solely on a grant basis.
Israel and Taiwan were the only large recipients outside
Europe, having received $64 million and $90 million of grants
respectively.
The mutual-security program loan data for fiscal year 1952
1
The difference between the original acquisition cost of the vessels transferred and the
amounts paid by the foreign countries represents grant aid and is included in tables 1 and 2.
The data provided above for deposits and for goods and services furnished under the reimbursable-aid program exclude such grants and do not appear in tables 1 and 2.
222127°—52
2



9

as shown in table 1 include $172 million representing utilization of the special $190 million loan to India authorized by
Congress in June 1951 for the purpose of furnishing emergency food relief to that country. The loan agreement with
India provides for repayment in dollars, but contains a provision that future negotiations may modify the agreement to
provide for payment in strategic materials. The same
category of credit aid also includes utilisations of $24 million
against the $62^ million loan to Spain authorized by Congress in September 1950.
Other assistance under the mutual-security program in
fiscal year 1952 included contributions of $187 million to
support the European Payments Union which facilitates trade
in Western Europe. Contributions were also made to the
Organization of American States and to the United Nations
programs for technical assistance and for the relief of refugees
from Palestine.

EIB lending authority increased
Although representing only a relatively small proportion of
the total flow of foreign aid, loans extended by the ExportImport Bank (EIB) were the second largest category of
economic assistance in fiscal year 1952. During the year
the lending authority of EIB was increased from $3% billion
to $4/£ billion in order to enable the Bank to enlarge its
program of financing the export of American goods and of
assisting in the expansion of foreign productive facilities.
The largest EIB disbursements consisted of $49 million to
Germany, $43 million to Israel, and $33 million to Japan,
although disbursements were made to 22 other countries,
including 13 of the American Republics. Utilizations on
loans to the latter totaled $62 million. New credit commitments of over $500 million were authorized during the
year for many purposes, including industrial development
projects and the development of foreign sources and production abroad of strategic materials. On June 30, 1952
the unutilized portion of established EIB credits stood at
over $0.9 billion and the uncommitted lending authority at
$1.2 billion.

Defense Department relief grants continue
Civilian supplies furnished abroad by the Armed Forces of
the United States ranked third in size among economicaid programs in fiscal year 1952. Although this type of
aid had declined by more than half from its prior year total,
the importance of these grants is greater than the amount
would seem to indicate since they include the relief supplies
furnished to the civilian population of Korea during the
Korean conflict.
The decrease in civilian-supply aid in fiscal year 1952 resulted from the termination of grants of raw materials and
basic supplies to Japan under the program financed from
funds appropriated for government and relief in the occupied
areas. When the program for Japan was discontinued at the
end of fiscal year 1951, goods in pipeline at that time yielded
less than $61 million of aid for 1952 as compared to $303
million in the prior year. The Ryukyu Islands, which are
still under United States administration, continue to receive
civilian-supply grants, including construction for civilian
use. A little over $30 million of such aid was furnished to
the Islands in each of the last 2 years.
Nearly $185 million of relief aid was provided by the
Defense Department to the Republic of Korea in the 2 years
following the Communist invasion. In the second year of the
conflict such aid rose by $43 million to total $114 million
for the year. Other assistance to Korea during the conflict
included $60 million of economic and technical assistance
made available by the Mutual Security Agency, and the
first payment of $10 million to the United Nations Korean

SUEVEY OF CUREENT BUSINESS

10

October 1952

the State Department emergency-relief aid program for
that country which were terminated in the first quarter of
fiscal year 1952 when it began to receive mutual-security
economic aid, (3) grants to Mexico which had assisted that
country to eradicate the foot-and-mouth disease afflicting
Mexican cattle, (4) grants under the Chinese military-aid
program established in April 1948, and (5) military-aid
grants under the Greek-Turkish aid program which have
been replaced by similar grants under the mutual-security
program.

Reconstruction Agency. The latter is to take over certain
Korean-aid operations from the United States Government
when hostilities cease.
The aid furnished abroad through programs other than
those discussed above represented only a very minor part of
the whole in fiscal year 1952. Such programs were generally
in the process of termination during the year and consisted
for the most part of (1) grants under the Philippine rehabilitation program which had been nearly completed by
the end of fiscal year 1951, (2) grants to Yugoslavia under

Table 2.—Summary of Foreign Aid (Grants and Credits), by Major Country: July 1, 1945, Through June 30, 1952
[Millions of dollars]
After Korean invasion
Total
postwar
period

Major country1

Before
Korean
invasion

Fiscal year 1952

Fiscal year 1951
Total

JulySept.
1950

Total

Jan.Mar.
1951

Oct.Dec.
1950

Apr.June
1951

Jan.Mar.
1952

Oct.Dec.
1951

JulySept.
1951

Total

Apr.June
1952

Gross foreign aid (grants and credits)2
Less: Returns
Equals: Net foreign aid
_

38, 094
3,072
35 ,022

28,251
2,178
26,072

9,843
893
8,950

4,837
391
4,446

980
104
876

1,242
108
1,134

1,232
98
1,134

1,382
81
1,301

5,006
503
4,504

1,246
127
1,119

1,201
148
1,053

1,037
90
948

1,521
137
1,384

Western Europe and dependent areas:
Gross foreign aid
Less: Returns .
_
Equals: Net foreign aid

27, 702
1,907
25, 795

20, 422
1,194
19, 228

7,280
713
6, 566

3,633
311
3,322

773
74
699

899
95
804

911
82
829

1,050
59
991

3,646
403
3,244

942
105
837

806
119
687

743
71
671

1,155
108
1,048

985
52
933

722
25
697

263
27
236

114
14
100

17
4
13

19
2
17

26
3
23

53
5
48

148
13
136

37
3
34

45
2
43

36
4
32

31
3
28

794
60
734

634
35
599

161
26
135

126
10
116

53
3
50

36
2
34

27
4
23

10
2
9

34
15
19

16
6
10

5
5

11
3
9

7,176
813
6,364

6,445
652
5,793

732
162
571

416
73
343

135
19
115

134
23
110

94
14
80

54
16
37

316
88
228

38
24
14

50
53
-3

24
3
21

204
9
195

285
15
270

193
8
185

93
7
86

60
3
56

13
1
13

13
1
12

17
1
16

16
1
15

33
4
29

12
1
11

17
2
15

4
1
3

128
35
93

128
27
101

8
-8

6
-6

3
-3

1
—1

1
—1

1
—1

2
-2

1
—1

1
-1

4,825
345
4,480

3,877
166
3,712

948
179
768

471
58
413

94
16
79

126
9
117

111
26
85

139
7
132

477
122
355

117
36
81

109
8
101

125
32
93

3,740
110
3, 630

3,061
82
2,979

679
28
651

478
16
462

100
2
98

112
4
108

127
5
123

139
6
133

201
11
190

97
7
90

23
4
19

53
1
52

1,526
78
1,448

1,173
32
1,142

352
46
306

150
17
133

30
4
26

34
4
29

37
4
32

49
4
45

203
30
173

68
5
63

56
3
53

42
6
36

10

15
1
15

(3)

(3)

Austria:
Gross foreign aid
Less: Returns
Equals: Net foreign aid
Belgium— Luxembourg :
Gross foreign aid
Less' Returns
Equals: Net foreign aid

,- -

British Commonwealth: United Kingdom:
Gross foreign aid
Less: Returns
Equals" Net foreign aid
Denmark:
Gross foreign aid
- - Less* Returns
Equals: Net foreign aid
Finland:
Gross foreign aid
Less: Returns
Equals: Net foreign aid

-

_

France:
Gross foreign aid
Less* Returns
Equals: Net foreign aid
Germany:
Gross foreign aid
Less' Returns
Equals: Net foreign aid
Greece:
Gross foreign aid
Less' Returns
Equals' Net foreign aid
Iceland:
Gross foreign aid
Less* Returns
Equals' Net foreign aid
Ireland:
Gross foreign aid
Less* Returns
Equals: Net foreign aid
Italy:
Gross foreign aid
Less* Returns
Equals' Net foreign aid
Netherlands:
Gross foreign aid
Less* Returns
Equals* Net foreign aid
Norway:
Gross foreign aid
Less: Returns
Equals' Net foreign aid
Portugal:
Gross foreign aid
Less' Returns
Equals* Net foreign aid
Spain:
Gross and net foreign aid
Sweden:
Gross foreign aid
Eauals: Net foreign aid
See footnotes at end of table.




-

- ,

,
- - -

26
1
25

(3)

147
1
146

(3)

10

(3)

6
6

1

(3)

(3)

1

4

1

(33)
()

CT

3

(3)

9
9

(3)

4
4
4

2
2

(3)

(3)

1

3

(4)

<•>

l

•i

(3)
(*)

1
-1
126
47
80
(3)

28
28
36
16
20

(3)

(3)

(33)
()

(3)
(33)
()

3
3

99

48
1
47

40

13

10

8

8
1
7

2, 538
148
2,390

2.024
75
1,948

514
73
442

297
37
260

75
11
65

38
5
32

83
15
69

101
7
94

218
35
182

82
15
68

33
6
28

41
10
32

61
5
55

1,205
161
1,045

906
50
857

299
111
188

192
52
140

57
8
49

41
35
6

50
3
47

43
6
37

108
59
48

29
5
25

28
35
-7

21
3
19

29
17
12

313
43
270

215
23
192

98
20
78

60
14
46

18
2
16

15
6
9

16
4
12

11
3
8

38
6
32

11
1
10

11
1
10

11
1
9

5
2
3

5

38
1
37

28
1
27

5

10
1
9

2

4

44
2
42

(3)

99

5

10
(3)

9

10

(3)

4

(3)

10
10

(3)

9

9

8
(3)

(3)

5

69
1
68

42
2
41

(3)

(3)

24

24

24
112
3
109

13

40

38
2
36

11
(3)
11

8
1
7

10

16

(3)

9
9

(3)

5
4

(3)

4

(3)

3

(3)

3

2

4

15

2

3

7

1

s Cr3
(3)

i

2

2
(3)

2
3

(3)
(3)

SURVEY OF CUEEENT BUSINESS

October ll)r>:>

11

Table 2.—Summary of Foreign Aid (Grants and Credits), by Major Country: July 1, 1945, Through June 30, 1952—Continued
After Korean invasion
Total
Before
postwar ii Korean
period invasion

Major country 1

Total
i

Asia and Pacific:
Gross foreign aid
Less* Returns
Equals: Net foreign aid
China— Taiwan (Formosa) :
Gross foreign aid
Less: Returns
_ __
Equals: Net foreign aid _
India:
Gross foreign aid
Less: Returns
Eouals* Net foreign aid
Indochina:
Gross foreign a i d . .
_ _______
Less: Returns
Equals: Net foreign aid __ _ ___ _ _
Indonesia:
Gross foreign aid
__ ___ ___
___ _
Less: Returns
Equals: N e t foreign a i d
___ ___
Japan and Ryukyu Islands:
Gross foreign aid
__ __
Less: Returns
Equals: Net foreign aid
__
Korea:
Gro^s foreign aid
Less: Returns _
_
Equals: Net foreign aid__ ___ __
Philippines:
Gross foreign aid
Less: Returns
Equals: Net foreign aid
Other and undesignated Asia and Pacific: l 6
Gross foreign aid
Less: Returns
Equals: Net foreign aid
American Republics:6
Gross foreign aid _
_
Less: Returns
_
Equals: Net foreign aid _
Canada:
Gross foreign aid __
.
Less: Returns
Equals: Net foreign aid

_.. ___

__

Undesignated: 6
Gross foreign aid
_
___
Less: Returns
Equals: Net foreign aid__ _ __ _

__ _ _ _

Jan.Mar.
1951

Apr.June
1951

2

35
1
34

11
1
10

9
1
8

376
33
343

240
17
222

136
16
121

48
7
41

491
66
485

311
311

181
6
174

84
1
83

2,921

275

2, 646

1,017

1,160
69
1,091
1,091

1,160
53
1, 107

17
-17

2
—2

379
143
235

130
136
-6

249
8
241

75
3
71

37
10
27

24
10
14

13

2

(3)

(3)

(3)

2

13

2

3

3

(3)

2

174
22
173

142
2
140

36

6

9

8

12

32

36

6

9

8

167
131
36

74
126
-52

93
6
87

37
3
34

15
1
14

7
1
6

9

6,892
530
6,
6, 362
362

5,139
484
4, 656

1, 753
47
1, 706

828
19
809

136
4
131

1,883
124
1,759

1, 755
113
1, 642

128
11
117

38
8
30

4
3
1

223
33
190

45
31
14

178
2
176

4

(3)

4

3

()

26
2
25

4

(3)

(3)

4

(3)

(3)

32

26
(3)
22 . — . _ - _ _ _
25

1
(3)

1

2
(3)

(3)

16
2
14

10
1
9

2

3

(3)

JulySent.
1951

Total

46
22
44

3

2
(3)

2

2
(3)

2

168
4
164

26
4
22

2,
2, 569
293
2, 276

2, 105
2;-;f>
1, 820

463
7
456

647
13
634

386
13
374

796
790
29
767

(33)
(3)
()

(45)
(3)
(4)

34

88
9
79

20
1
19

22
3
19

12
3
10

2
32

32

8

16

32

28
1
27

97
6
91

21
1
21

27
1
26

26
3
23

23
1
22

119

282

249

368

1,629

360

371

339

558

1
—1

15
— 15

13
— 13

1
—1

1
—1

20
1
19

174
4
170

17
(3)
16

43
1
41

38
2
36

77
1
76

12

1

12

1

12

106
2
104

9

6
1
5

56
2
54

266
2
264

185
5
180

242
8
234

7
1
7

14
2
12

1
1

8
(3)

16
(3)

(3}

(34)
()

(3)

(34)
()

(4)

17
1
16

21
1
20

()

()

(3)

17
(3)
17

2

1

9

2

1

9

10

27

10

27

22
2
21

6
5

14
1
13

14
(3)
14

(3)

22
1
21

924
28
897

228
6
222

282
4
279

186
6
181

228
12
216

12
2
10

90
3
86

15
(3)
14

32
1
31

24
(3)
24

19
1
18

2

1

43
2
40

40

27

1

174
2
171

64

2

64

40

27

23
2
21

4
1
4

1
1

1

3

()

2

1
(3)

(3)

2

1

3

25
3
22

()

(3)

1

1
-1

338
3
335

63
1
62

68
(3)
68

260
P)
260

104
(3)
103

10

54

10

54

634
14
620

162
15
147

144
140

34
(3)
34

101
(5)
101

(3)

553
29
525

44
23
21

509
5
504

195
2
193

24
(3)
23

34
(3)
34 |

857
278
579

515
172
343

342
107
236

152
56
96

25
25
(3)

18
9
9

147
142

142
141
1

6
1
4

1
1
1

958
1

744

25

43

61

20

744

214
1
213

148

957

148

25

43

61

20

(3)

A

(33)
(3)
()

1952

11
1
10

(3)

194
88
187

Apr.June

Jan.Mar.
1952

Oct.Dec.
1951

11
2
8

(3)

1
For security reasons data by country do not include most of the military aid furnished
under the Mutual-Security Program. However, such aid is included in the appropriate area
totals
as a component part of "Other and undesignated" items.
2
See footnote 1 to table 1.
3
Less than $500,000.
* Negative entry of less than $500,000.




Oct.Dec.
1950

JulySent.
1950

Total
Western Europe and dependent areas— Continued
Trieste:
Gross foreign aid _
Less: Returns
Equals: Net foreign aid
__ _ _
Turkey:
Gross foreign aid__
Less: Returns _
_ _
__ _
Equal^: Net foreign aid
Yugoslavia:
Gross foreign aid
Le^s* Returns
Equals: Net foreign aid
Other and undesignated Western Europe: i 6
Gross and net foreign aid
Other Europe:
Gross foreign aid
Less' Returns
Equals: Net foreign aid
Near East and Africa:
Gross foreign aid.- _
__ __
_ Less' Returns
E quals' Net foreign aid
Iran:
Gross foreign aid
_
_
_
Less: Returns
Equals: Net foreign aid _
._ _ Israel:
Gross foreign aid _
_ ._
Less' Returns
Equals' Net foreign aid
Other and undesignated Near East and Africa: 6 7
Gross foreign aid
Less* Returns
Equals: Net foreign aid _ _ _ _ _ _
__ _ .

Fiscal year 1952

Fiscal year 1951

(3)
(3)

(3)

(3)

(3)

3
1
2

2
9

46

8
(3)

(3)

7

4

6

3

()

4

7
(3)

47
(3)

8

14

8

14

5

42
3
39

(3)

79
2
77

128
(3)
128

125
4
121

60
60

17
(3)
17

16

23

157

35

44

48

29

16

23

157

35

44

48

29

4

4
4
1

18
11
7

6

4

5

3
4
—1

67
(3)
67

69
1
68

314
3
311

68
1
68

110
1
109

54
1
53

82
1
81

59
11
48

50
11
39

191
51
140

45
15
30

50
11
39

53
10
43

43
15
28

(3)

4

(3)

1
(3)
(3)

5
6

(3)
(3)
(4)

(3)
(3)

(3)

3

()

3

()

5
1
4
66
1
65

(3)

3
2

(3)

1
(34)
()
14
1
13

1

(3)
4

()

(3)

7
7

4
1
3

19

19

13

19

19

13

Negative entry results from refunds of cash aid.
Includes aid furnished through international organizations.
7 Military aid under the Mutual Security Act, title II (Near East and Africa), is primarily
for Greece and Turkey and is included with "Other and undesignated Western Europe."
Source: U.S. Department of Commerce, Office of Business Economics.

I lew or

STATISTICAL SERIES

Revision of Business Sales, Orders, and Inventories

X HE estimates of business sales, orders, and inventories
prepared by the Office of Business Economics are revised
annually to take into account new comprehensive information as it becomes available. The present revision utilizes
new benchmark data for 1949. The revisions were not extensive and mainly had the effect of raising the level of the
aggregates slightly, with little shift in monthly movements
or in relationships between sales and inventories or sales
and orders. No changes were made
in previously published
data for the period prior to 1949.!
The new figures are presented in this issue for the manufacturing and wholesale trade sectors of business. The
Table 1.—Manufacturers' Sales and Inventories, 1939-51
[Millions of dollars; not adjusted for seasonal variation]
INVENTORIES i

SALES

1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951

.

..
__

_

..

.

Durablegoods industries

Nondurable-goods
industries

All manufacturing
industries

Durablegoods industries

Nondurble-goods
industries

All manufacturing
industries

61, 340
70, 313
98, 069
125, 158
153, 843

22, 454
28, 736
44, 307
59, 985
79, 329

38, 886
41,577
53, 762
65, 173
74, 514

11,516
12, 873
17, 024
19, 348
20, 171

5,172
6,127
8, 352
10, 127
10, 844

6, 344
6, 746
8, 672
9,221
9,327

165, 387
154, 481
151, 402
191,010
211. 560

84, 481
72, 504
57, 108
77, 618
91, 133

80. 906
81,977
94, 294
113,391
120. 427

19, 578
18, 457
24, 620
29, 032
31, 782

10, 145
8,545
11,548
13, 804
15, 726

9,433
9,912
13, 072
15, 228
16, 056

196, 997
231, 746
268, 014

84, 834
106. 356
126, 659

112, 163
125, 390
141,355

29, 038
34, 176
43, 056

13, 956
16, 660
22, 650

15, 082
17, 516
20, 406

i Book value as of end of period. Figures do not necessarily add to totals because of rounding.
Source: U. S. Department of Commerce, Office of Business Economics.

sources of data and estimating procedures of these two groups
remain essentially the same as described earlier.2 r Problems
peculiar to the current revision are discussed below separately
for each category. For both groups the present adjustments
revolve about the incorporation of benchmark data from
statistics of income compilations of corporate and sole pro1
2

See ST T RVEY OF CURRENT BUSINESS for October 1949, October 1950, and October 1951.
In addition to the issues mentioned above, descriptions of the estimating procedures
have appeared in the following issues of the SURVEY OF CURRENT BUSINESS: Manufacturing, May 1949, December 1949 (new and unfilled orders), and March 1952 (inventories by
stage of fabrication); Wholesale Trade, August 1948.

12



prietorship tax returns, by the Bureau of Internal Revenue
for 1949, which became available this year.
For the third sector of business—retail trade—a detailed
description of a new series and the corresponding figures
starting in 1951 was published in the September 1952 Survey
of Current Business. Previously compiled sales estimates
for 1949 and 1950 remained unaltered. Revised retail inventory figures will be made available in a subsequent issue.

Manufacturing
The series on manufacturers' sales and inventories now
incorporates the statistics of income aggregates for corporate
and noncorporate firms through the year 1949. The current
revision substitutes this newly available benchmark for 1949
for the estimates made by the Office of Business Economics
last year as projections from the 1948 tax data. New estimates have been prepared for 1950, 1951, and 1952 by extrapolation from the revised 1949 levels.
Under the estimation procedure for the manufacturing
sales and inventory series, projections were made by means
of annual sales and year-end book values of inventory data
for a sample of manufacturing companies. This sample,
which represented 56 percent of 1949 total manufacturing
sales, was stratified by industry and size. Companies in the
sample were assigned to the same industry and size groups
in which they \vere classified
in the most recent Statistics of
Income tabulations.3 Estimates—as in this revision for
1950 and 1951—are derived for each cell by applying yearto-year ratios shown by the sample to previous j^ear universe
totals. Major industry and all manufacturing totals were
obtained by summation.
All monthly data in the series are computed as interpolations of the annual numbers by the monthly figures reported
by the sample group oi manufacturing companies. As for the
annual estimates firms are classified in the same industry and
size groups as in the statistics of income compilations.
No benchmark data are available for the new and unfilled
orders. Both series have been revised since under the estimation procedure they are automatically affected by any
adjustments in the sales data. Further the unfilled orders
total for December 1949 was recomputed by applying the
3
This reclassification of manufacturing companies according to their principal activity
(and size) of that year introduces minor discontinuities in the historical series for individual
industries.

SUKVEY OF CUREENT BUSINESS

October 1952

13

ratio of unfilled orders to sales shown by the sample of companies reporting unfilled orders to the new universe sales
figures in each industry-size group. This procedure helps to
correct the bias which arises when unfilled orders are projected over several years by means of a constant sample.
The new 1949 backlog aggregate reflects the distribution of
firms by industry and size in that year. The estimates for
1950 and 1951 are projections from the new 1949 base.
The 1948 backlog aggregates also have been revised. Additional information which was obtained for individual manufacturing companies was responsible for the downward
adjustment of the total.
New orders are computed as the change in unfilled orders
over a period plus sales for the period. The revised figures

within 1 percent of the statistics of income totals; for 1950
and 1951 sales estimates as computed last year were 1.5
percent under the current estimates and those for inventories
2.5 percent lower than the revised figures. The larger
figures for the current years represent for the most part
differences arising out of improvements in the sample data
to bring the monthly reports for individual companies more
in line with their basis of reporting for the Statistics of
Income.
The new 1949 unfilled orders aggregate is 2 percent higher
than the old. The difference reflects in part the correction
of the underestimate which characterized the constant sample
used last year and in part the availability of additional
backlog data for many manufacturing firms.

Table 2.—-Manufacturers' Inventories by Stage of Fabrication,
1949-51 i
[Millions of dollars; not adjusted for seasonal variation]

Wholesale Trade

Total manufacturing
Purchased materials
Goods-in-process _
Finished goods

_

Durable-goods industries
Purchased materials
Goods-in-process
Finished goods

_ _
_ __ __ __

Nondurable-goods industries. __ _
Purchased materials
Goods-in-process
Finished goods

_
_

1949

1950

29,038
11,418
6,684
10, 936

34, 176
14, 738
8,293
11, 145

43, 056
16, 994
11, 000
15, 063

13, 956
4,719
4 651
4,585

16, 660
6,216
5 885
4 559

22, 650
7,616
8 335
6 699

15, 082
6,699
2,032
6,351

17, 516
8 522
2,409
6 586

20, 406
9 377
2,665
8 364

1951

1
Book values as of end of period. Classification is from the point of view of the individual
manufacturer. A commodity may be classified as finished goods by the producer of that
commodity but as a purchased material by the company which utilizes in the manufacture of
other products.
•
Source: U. S. Department of Commerce, Office of Business Economics.

for 1949 forward incorporate not only the changes in the
unfilled orders totals but also in the sales figures.

Revision in estimates is small
Comparison of the new benchmarks for 1949 with the previous estimates and of the new estimates with the old for
1950 and 1951 shows comparatively little difference and a
close correspondence between the sample estimate made by
the Office of Business Economics and the benchmark data.
For the year 1949 the sales and inventory estimates were

The revision of wholesalers7 sales and inventories covering
the 1949-52 period is based primarily on the recently available Bureau of Internal Revenue statistics on corporate sales
and inventories in 1949, but also incorporates the latest data
on changes in the business population and other pertinent
information.
The monthly interpolations for the detailed kinds-ofbusiness, as in previous estimates, are based largely on the
panel of merchant wholesalers reporting monthly to the
Bureau of the Census. This sample is supplemented by data
from such Government agencies as the Bureau of Mines, the
Bureau of Labor Statistics, the Bureau of Agricultural
Economics, and from private research agencies such as the
Automobile Manufacturers' Association. In addition, adjustments are made to correct for the bias in a "constant
firm'7 sample arising out of changes in the number of operating businesses. This allowance was made for noncorporate
sales and inventories beginning in 1949 and for both corporate
and noncorporate in subsequent years. A more detailed
description of the methods used in estimating wholesale
sales and inventories is given in the October 1951 SURVEY OF
CURRENT BUSINESS. This issue also contains data available
prior to 1948.
The present revision results in an upward revision in both
sales and inventories. The new sales series in 1949 is about
2 percent, and the new level of inventories 3 percent, higher
than previously published estimates.

Table 3.—Manufacturers' New and Unfilled Orders, 1946-51
[Millions of dollars; not adjusted for seasonal variation]
Durable-goods industries
Total manufacturing

Total

Primary
metals

Nondurable-goods industries

TransporFabricated Electrical Nonelectation
trical
Metal
machinery machinery
equipment

Other i

Total

With
unfilled
Orders 2

Other 3

New Orders
1948
1949
1950
1951

-

208, 212
190, 836
251, 598
293, 172

89, 778
79, 177
124, 109
152, 892

17, 615
13, 815
22, 330
25, 794

10, 062
8,189
13, 409
15, 749

8,944
7,922
12, 959
16, 106

14, 244
12, 360
19, 626
27, 039

17, 822
17, 151
28, 133
37, 748

21, 091
19, 670
27, 650
30, 457

118, 434
111, 729
127, 489
140, 279

27, 332
26, 474
33, 474
34, 315

91, 101
85, 254
94,016
105, 966

5, 655
4,089
9,565
21,846

2,751
2,575
4,722
5,780

2,796
2,362
4,461
3,385

2,796
2,362
4,461
3,385

0
0
0
0

Unfilled Orders *
1948
1949
1950
1951

-

26,946
20,785
40,638

65, 795

24,150
18,423
36, 176
62, 410

4,638
3, 708
6,385
8,074

3,351
2,382
4,109
5,739

3,135
2,769
5,018
8,954

4,620
2,900
6,376
12,018

1 Includes professional and scientific instruments, lumber, furniture, stone, clay, and glass and miscellaneous industries.
2 Includes textile, leather, paper, and printing and publishing industries.
3 Sales are considered as equal to new orders for this group which includes food, beverages, apparel, tobacco, chemicals, petroleum and rubber.
* As of end of year.
Source: U. S. Department of Commerce, Office of Business Economics.




SUEVEY OF CUEEENT BUSINESS

14

October 1952

Table 4.—Manufacturers' Sales and Inventories, 1949—51
[Millions of dollars; not adjusted for seasonal variation]
Durable-goods Industries

1

a

Year and month

3
3 §1
•d 3

-i-»

1

fc
0)

II

0>

b
"o3

'cS

1

1

1
!
PR

£

$-&

*%

¥
H

6
a?
'3

1
11
>>£
®

1

i a£?I
jl 11.
is
51_
3q

X
<D

.32
§:§

4n 0.

£f0<
o>

o
"o

%

&3

I'* X>sf0

HI

EH

Nondurable-goods Industries

|3
X
«a
^3

£

%
£
"So

0) £j

11
11 |.s
of

f

i

is
li

1
If

a

b/C

^q aq
03 g

|
CQ
Pn

Hi

a

.2 OT
O -u

&

'§<§

3

I"
PH

o

M*

3
£

&

42
o

1

1

1
a

if

a
13q
03

Q
43
1

o
EH

1

1*1

1
a

Is

a is
I-3 •§!
'c3 "8

s

o3_H

bJO _jo

03

•S.S

1

."§

1

<

3

PW

°S-i

PH

'd
3
'c3

If
3a
|si
a
_s

!l

05

,q
0

8
I

3

a
1
,0

«

SALES

June

16, 556
16, 322
17, 993
16, 424
15, 867
16, 349

7,212
7,151
8,016
7,352
6, 927
7,324

1,554
1,480
1,605
1,345
,226
,241

748
725
816
720
704
781

666
681
761
689
671
670

1,196
1,218
1,393
1,306
1,251
1,254

1,174
1,197
1,306
1,313
1,155
1,345

314
350
388
364
335
343

442
410
496
465
453
470

212
225
254
216
208
203

316
308
369
378
363
392

156
155
170
161
154
171

435
400
458
395
407
455

9,344
9,171
9,977
9,072
8,940
9,025

2,823
2,728
2,764
2,586
2,633
2,686

370
369
478
446
495
522

244
231
266
248
283
280

912
786
915
928
984 1,096
812
871
781
757
872
642

257
266
294
253
219
220

459
434
478
439
424
434

548
569
654
614
586
600

1,165
1,096
1,178
1,117
1,090
1,092

1,537
1,409
1,531
1,433
1,423
1,406

243
226
256
252
248
272

July
August
September
October
November
December

14, 529
17, 277
17, 516
16, 603
15, 975
15, 586

6,187 ,003
7,370 ,207
7,510 ,277
6,612
588
6,575
922
6,596 1,296

686
858
870
828
735
688

540
662
753
740
723
732

999
1,126
1,136
1,109
1,025
1,066

1,278
1,439
1,366
1,253
1,066
965

302
307
277
259
298
323

391
471
504
492
499
463

161
252
271
269
259
228

341
407
389
389
384
334

139
172
176
188
186
150

347 8,341
469 9,907
491 10, 007
497 9,991
479 9,400
352 8,989

2,486
2,783
2,806
2,877
2,682
2,521

518
539
525
493
477
443

694
268
627
300
980 1,010
993
277 1,074
914
260 1,073
759
270 1,024
252
652
939

221
308
296
273
238
231

374
464
491
508
499
465

511
590
659
705
626
643

980
1,157
1,188
1,151
1,088
1,015

1,413
1,497
1,436
1,462
1,499
1,580

249
280
261
275
238
250

6,793
6,892
8,149
7,764
8,670
9,258

707
751
869
806
918
993

664
710
855
770
806
860

1,018
1,079
1,322
1,253
1,326
1,384

1,248
1,063
1,303
1,282
1,608
1,886

266
348
330
299
331
348

432
460
567
540
611
657

260
272
326
293
293
268

333
326
403
406
455
482

154
153
179
164
176
205

372 8,959
418 9,094
532 10, 068
496 9,187
522 9,862
499 9,969

2,515
2,552
2,699
2,490
2,782
2,786

358
365
467
437
517
570

251
973
955
228
256 1,032
884
233
283
926
288 1,045

705
896
956
812
786
636

267
273
295
234
226
236

491
485
556
507
542
551

550
603
676
619
622
620

1,135 1,458
1,097 1,387
1,285 1,548
1,207 ,474
1,281 ,565
1,282 ,585

255
253
297
292
332
369

915
18, 526 8,282 1,486
22, 498 10, 250 1,770 1,231
21, 268 9,840 1,756 1,126
22, 521 10, 605 1,902 1,225
20, 857 9,688 1,824 1,061
21, 412 10, 166 2,049 1,079

753
975
1,018
1,122
1,024
1,152

1,290
1,511
1,430
1,539
1,399
1,599

1,609
1,904
1,673
1,824
1,540
1,631

281
353
366
368
377
418

557
734
698
749
688
618

255
342
321
312
326
285

440
536
512
569
516
465

184
243
254
258
240
239

511
651
687
708
693
629

10, 244
12, 248
11, 428
11,916
11, 168
11, 246

2,904
3,176
3,056
3,140
2,927
3,084

585
679
551
538
483
512

295
312
264
286
283
270

987
768
1,440 1,209
1,299 1,026
1,391 1,095
938
1,293
1,254
767

278
368
324
308
265
262

505
632
604
661
657
645

561
648
704
739
727
652

1,259
1,541
1,499
1,546
1,442
1,436

1,674
,796
1,708
1,773
1,766
1,934

429
447
392
438
388
431

375
393
482
498
538
542

732
638
762
737
757
728

384
368
425
366
352
293

476
438
561
543
571
557

231
271
272
240
259
267

740
680
779
730
762
652

12, 282
11, 640
12,362
11,351
11, 842
11, 337

3,437
3,176
3.226
2,968
3,286
3,078

535
476
482
389
462
492

279
255
262
264
306
292

1,414
902
1,357
997
1,401 1,000
831
1,217
802
1,273
1,264
697

365
337
352
270
254
254

712
684
772
739
771
728

621
646
744
769
716
688

1,667
1,531
1,727
1, 632
1, 634
1,533

1,908
1,773
1,924
1,824
1,889
1,851

442
408
472
448
450
460

463
487
528
566
597
666

555
681
613
716
601
486

236
331
310
364
340
273

510
569
517
601
502
409

216
315
240
271
263
235

574
603
619
741
627
509

10, 879
12, 248
11, 739
12. 793
11,818
11, 063

2,931
3,110
3,180
3,487
3,266
3,072

560
621
557
572
538
492

294
316
272
343
286
278

836
1,001
1,290 1, 135
1,198 1,019
1,314 1,084
954
1,170
755
1,126

266
324
270
264
212
220

622
720
666
733
681
604

627
705
767
827
762
672

1,435
1,569
1,505
1,608
1,481
1,374

1,888
1,998
1,882
2,076
2,039
2,100

418
459
423
485
427
370

2,851
2,680
2, 561
2,437
2,361
2,397

1,018
1,016
1,032
1,027
1,017
994

1,570
1,555
1,518
1,491
1,441
1,418

1949: January- __
February
March.
April

May

1950: January __
February
March
April

May

June

15, 752
15, 986
18, 217
16, 951
18, 532
__ 19, 228

July
August
September
October
November
December

1,338
1,311
1,463
1,454
1,622
1,676

June

22, 624
21, 725
24. 182
22, 245
22, 959
22, 107

10, 341
10, 085
11, 820
10, 894
11, 116
10, 769

2,037
1,814
2,141
2,021
2,126
2,104

1,147 1,025 1,562 1,632
1,151 1,024 1,643 1,664
1,276 1,170 1,937 2,012
993 1,838 1,739
1,188
951 1,869 1,742
1,189
1,164
958 1,862 1,642

July
August _
September
October
November
December

19, 980
22, 737
21, 768
24, 303
22, 360
21, 026

9,101
10, 489
10, 029
11, 509
10, 542
9,963

1,773
2,019
1,888
2,125
2,028
2,029

1,052
1,193
1,172
1, 355
1,182
1,051

1951: January
February _
March
April

May

751
967
1,023
1,113
1,079
1,116

1,586
1,735
1,669
1,996
1,822
1.877

1,386
1,589
1,450
1,662
1, 500
1,312

INVENTORIES 1
32, 286
32, 292
31, 969
31, 567
31, 216
30, 692

16, 145
16, 315
16, 251
16, 126
15, 922
15, 496

2,333
2,324
2,309
2,339
2,388
2,359

1,744
1,779
1,812
1,805
1,790
1,740

1,823
1,868
1,877
1,859
1, 818
1,764

3,660
3,697
3,699
3,646
3,566
3,465

2,111
2,157
2,146
2,056
1,997
1,934

948
949
935
940
937
932

872
865
804
828
823
760

464
461
447
429
413
395

635
648
641
636
629
622

493
507
524
537
524
521

1,373
1,335
1,260
1,238
1,276
1,368

536
529
518
505
521
527

798
795
804
785
780
769

569
573
569
566
575
580

2,276
2,274
2,246
2,208
2,143
2,084

2,307
2,347
2,332
2,360
2,379
2,380

628
641
648
657
654
635

July
August
September
October
November
December

30, 178
29, 588
29, 102
28, 753
28, 547
29, 038

15, 124
14, 666
14, 271
13, 945
13, 674
13, 956

2,339
2,318
2,244
2,204
2,193
2, 211

1,695
1,606
1,554
1,472
1,421
1,464

1,704
1,633
1,563
1,521
1,489
1,509

3,365
3,276
3.216
3,173
3, 134
3,135

1,854
1,772
1,716
1,616
1,538
1,724

923
899
902
899
879
842

740
738
717
751
750
741

384
375
366
359
364
383

612
589
568
552
550
573

994 1,355 1,990 1,353
506 1,004 15, 054 2,500
998 1,412 1,893 1,264
489
970 14, 922 2,649
488
938 14, 831 2,718 1,005 1, 493 1, 835 1,227
927 14, 809 2,770 1,000 1,536 1,845 1,172
470
988 1,507 1,908 1,176
891 14, 874 2,798
465
906 15, 082 2,845
985 1,533 1,952 1,200
468

522
498
480
473
485
504

744
726
696
679
667
679

562
559
537
528
543
547

2,055
2,015
1,975
1,960
1,989
2,072

2.376
2,340
2,327
2,325
2,285
2,228

604
570
539
520
529
540

1950: January
February.
March
April
June "

29, 227
29, 156
29, 218
29, 234
29, 423
29, 642

14, 001
14, 093
14, 194
14, 308
14, 513
14, 663

2,148
2,072
2,040
2,038
2,044
2,098

1,504
1,557
1,602
1,656
1,722
1,755

1,525
1,551
1,569
1,592
1,661
1,708

3,155
3,179
3,209
3,209
3,232
3,233

1,728
1,772
1,796
1,830
1,840
1 793

822 795
784
789
790
779

749
741
714
698
714
745

405
425
438
450
460
472

578
585
589
590
585
579

464
924
949
467
484
969
473
981
981
483
485 1,016

15, 226
15, 063
15, 024
14, 926
14, 910
14, 979

2,790
2,630
2,626
2,552
2,475
2,418

1,011
1,010
1, 004
1,004
981
951

1,584
1,559
1,528
1,490
1,429
1,386

1,986
2,052
2,104
2,120
2,174
2,189

1,289
1,286
1,317
1,326
1,357
1,505

511
499
492
496
517
528

679
681
685
680
669
671

585
578
580
588
597
613

2,038
2,039
2,021
2,022
2,040
2,052

2,202
2,167
2,096
2,065
2,079
2,085

549
563
575
584
593
580

July
__ ._
August
September _ _ _ _ _
October
November
December

29, 559
29, 611
30, 464
31, 392
32, 817
34, 176

14, 618
14, 559
14, 845
15, 214
15, 946
16, 660

2,169
2,212
2,273
2,331
2,388
2,397

1,713
1,660
1,628
1,633
1,683
1,741

1,694
1,681
1,680
1,696
1,794
1,936

3,170
3,143
3,238
3,359
3,520
3,666

790
1,782
1,739
810
838
1,792
879
1,849
949
1,995
2,116 1,029

769
786
808
828
838
884

472
464
474
476
502
556

581
575
574
587
611
667

467
459
476
481
502
520

1,012
1,029
1,084
1,095
1,163
1,147

14, 941
15, 052
15, 618
16, 177
16, 871
17, 517

2,541
2,735
2,927
3,013
3,199
3,383

979
1,008
1,046
1,067
1,107
1,084

1,324
1,415
1,557
1,635
1,627
1,644

2,159
2,109
2,190
2,336
2,512
2,628

1,471
1,389
1,384
1,435
1,496
1,587

526
505
495
516
559
589

667
668
677
.684
697
738

629
629
644
621
614
623

2,017
2,001
2,034
2,129
2,259
2,457

2,107
2,101
1,161
2,215
2,238
2,230

521
492
503
526
563
554

1951: January
_ _. 35, 297 17, 292
35, 890 17, 727
February.
36, 797 18, 156
March
37, 979 18, 749
April "
39, 004 19, 539
May
June
._- 39, 790 20, 050

2,352
2,321
2,264
2,267
2,331
2,351

1,857
1,890
1,948
2,045
2,174
2,229

1,989
2,046
2,150
2,268
2,433
2,546

3,852
3,982
4,106
4,238
4,410
4,512

2,225
2,236
2,256
2,341
2,402
2,450

1,122
1,172
1,248
1,298
1,379
1,432

875
892
896
922
954
986

590
600
603
614
648
643

692
721
740
755
768
795

540
566
590
610
635
665

1,196
1,301
1,356
1,391
1,405
1,441

18, 005
18, 164
18, 641
19, 229
19, 466
19, 740

3,416
3,311
3,335
3,423
3,321
3,332

1,136
1,146
1,189
1,234
1,239
1,224

1,682
1,674
1,658
1,634
1,584
1,543

2,823
2,953
3,114
3,319
3,450
3,464

1,647
1,671
1,733
1,816
1,842
1,969

625
619
644
665
698
717

757
776
807
822
834
870

659
672
690
677
719
748

2,471
2,538
2,628
2,711
2,755
2,767

2,204
2,211
2,247
2,315
2,385
2,447

586
592
596
612
637
661

20, 556
21, 028
21, 395
21,731
22, 051
22, 650

2,475
2,558
2,670
2,741
2,752
2,825

2,238
2,245
2,246
2,251
2,247
2,330

2,618
2,690
2,703
2,739
2,777
2,875

4,598
4,721
4,850
4,988
5,126
5,239

2,493
2,491
2,521
2,550
2,607
2,682

1,518
1,624
1,691
1,790
1,894
1,939

1,027
1,053
1,048
1,049
1,045
1,092

629
610
592
575
562
556

810
813
822
815
821
865

670
690
712
712
724
738

1,480
1,532
1,539
1,521
1,497
1,511

20, 029
20, 094
20, 085
20, 163
20, 265
20, 406

3,515
3,706
3,745
3,795
3,825
3,762

1,196
1,185
1,220
1,236
1,263
1,252

1,505
1,540
1,602
1,694
1,744
1,782

3,464
3,331
3,226
3,162
3,098
3,015

1,988
1,872
1,776
1,709
1,687
1,732

704
674
661
639
641
633

901
931
940
948
951
987

783
800
786
756
748
763

2,802
2,820
2,835
2,874
2,940
3,064

2,520
2,568
2,620
2,630
2,618
2,600

650
666
674
718
751
816

1949: January
February
March
April _

May

June

_

May

July
August
__ _
September __ _ _
October
November,,
December

40, 585
41, 122
41, 480
41, 894
42, 316
43, 056

i Book value as of end of month.




1,062
1,060
1,057
1,052
1,037
1.005

NOTE.—Figures do not necessarily add to totals because of rounding.

16, 142
15, 976
15, 719
15, 441
15, 294
15, 195

2,215
2,230
2,230
2,173
2,147
2,043

Source: U. S. Department of Commerce, Office of Business Economics.

SURVEY OF CUREENT BUSINESS

October 1952

15

Table 5.—Manufacturers' Sales and Inventories Seasonally Adjusted, 1949—51
[Millions of dollars]
Nondurable-goods industries

2,736
2,843
2,769
2,812
2.721
2,731

406
397
489
476
520
538

258
263
272
266
275
264

893
942
954
942
905
906

867
870
893
891
870
846

233
253
254
260
264
279

462
451
452
421
408
427

612
614
619
615
601
609

1,145
1,160
1,130
1,108
1,118
1,120

1,456
1,454
1,480
1,461
1,426
1,429

251
242
251
248
240
258

15, 764
16, 664
16, 727
15. 442
15, 898
15, 616

6, 796
7.243
7,249
6,140
6.648
6,486

1,181
1,212
1,296
567
933
1,208

760
749
774
748
746
701

616
702
756
690
702
655

1,062
1.122
1, 129
1,084
1,127
1,062

1,310
1,465
1,342
1, 156
1,091
951

331
338
274
262
305
298

426
434
462
452
492
511

192
252
266
247
262
230

346
388
373
346
394
347

159
160
155
166
167
156

412
421
422
422
428
368

8, 968
9.422
9,478
9, 303
9.250
9, 130

2,620
2,656
2,662
2,677
2. 625
2,555

515
548
480
429
429
453

255
276
268
253
271
254

824
894
956
939
947
935

799
810
799
799
776
820

242
276
270
259
235
247

404
664
508
497
498
478

571
594
607
629
589
638

1, 061
1.109
1, 136
1,087
1,094
1,049

1,415
1,508
1.521
1,480
1.542
1, 458

263
286
270
253
245
244

15, 981
16, 743
17. 368
17,434
19, 221
19. 502

7,040
7,325
7,698
7,812
8,902
9,129

1,288
1, 322
1,358
1,490
1,644
1,671

770
829
848
880
969
955

692
728
798
753
848
873

1. 093
1,145
1.218
1.204
1.277
1,290

1,288
1.097
1,232
1.248
1,703
1,925

277
378
302
297
331
314

471
528
539
550
602
621

234
255
304
292
316
301

366
390
403
372
459
465

167
169
178
178
190
196

395 8,941 2,444
485 9,418 2, 663
519 9, 670 2. 703
548 9,622 2,712
563 10,319 2,890
518 10, 373 2,846

393
392
478
465
544
588

266
260
262
251
275
272

953
984
1,002
1,025
1,073
1,084

778
840
780
830
903
838

242
260
257
240
272
301

494
504
526
486
522
542

614
650
641
620
638
630

1.111
1, 162
1, 234
1, 202
1.312
1,313

1,382
1,431
1,497
1,502
1,568
1.611

263
272
291
288
321
349

20. 184 9,135 1, 760
21. 699 10, 054
20,331 9.485 1-25
1, / /c
20, 988 9,890 1, 837
20, 807 9 798 1. 850
21, 403 9,978 1,907

1,015
1,073
1. 002
1.112
1,079
1,099

860
1, 034
1.021
1, 046
994
1,032

1,369
1,505
1.421
1. 503
1, 535
1,587

1,650
1,939
1, 644
1,683
1,575
1, 607

308
388
362
372
389
386

607
676
640
687
678
683

303
342
314
313
330
288

447
511
491
5C7
530
483

211
227
224
228
216
249

605
585
590
601
621
658

11,048
11.645
10, 846
11,098
11,009
11,426

3,066
3, 024
2,888
2, 918
2, 865
3,132

581
690
504
468
434
524

280
288
257
278
284
273

1,172
1,314
1,156
1, 217
1,195
1,249

978
970
825
957
959
965

307
333
296
293
263
280

546
632
625
647
655
664

626
653
648
660
684
647

1, 360
1, 475
1, 435
1, 461
1, 453
I, 486

1,678
1 809
1,810
1. 795
1,817
1,784

454
456
404
404
399
421

22, 964 10, 721 1,961
1951: January
February __ _ _ 22, 778 10,717 1,827 :
March
23, 064 11, 166 1, 988
April
22, 836 10, 972 2, 076
23, 746 11,397 2, 156
May
22, 329 10, 576 2, 096
June

1,242
1, 268
1,243
1, 296
1,254
1,120

1,069
1,049
1,092
971
1,001
973

1,676
1,742
1,788
1,769
1,801
1, 736

1,682
1,717
1,903
1,694
1,843
1,673

390
424
440
485
538
490

798
731
725
750
747
688

345
345
396
365
380
330

523
523
560
498
576
538

250
301
271
261
280
255

784
788
760
808
822
677

12, 243
12, 061
11, 898
11, 864
12, 349
11, 752

3,340
3,308
3, 234
3,220
3,386
3,122

587
511
493
415
485
507

295
291
268
284
297
276

1,382
1,398
1,362
1,414
1,478
1,307

995
935
815
850
922
918

331
321
309
278 I
306
322

717
711
731
708
742
716

693
697
706
770
731
698

1,637
1,622
1,656
1,626
1,670
1,568

1,809
1,830
1, 860
1,859
1,893
1,882

457
437
462
442
435
436

21, 788 10, 076 2, 100 1,166
22 007 10,314 2,027 1,040
20, 892 9, 694 1, 912 1,044
22, 726 10, 770 2, 053 1, 231
22, 373 10, 710 2, 065 1, 202
20, 962 9,745 1,889 1,070

857
1, 025
1, 026
1, 038
1,047
999

1, 692
1,731
1, 658
1, 947
1, 997
1,863

1,424
1, 619
1,425
1, 532
1,534
1,295

507
536
522
573
614
615

604
627
562
658
593
537

281
331
303
334
344
276

517
543
497
536
515
425

247
294
212
239
237
245

680
541
532
629
561
531

11, 712
11, 693
11,197
11,956
11, 663
11,217

3,077
2,984
3, 027
3,252
3, 197
3,116

556
632
509
497
484
504

279
292
264
334
287
280

1,186 1, 065
1,175
910
819
1,067
948
1,151
1,082
976
950
1,122

293
287
245
251 t
212
238

672
720
689
717
679
621

700
711
706
738
718
668

1,550
1,501
1,441
1,520
1, 490
1,419

1,892
2,012
1,994
2,101
2,097
1,937

442
469
437
447
440
362

982
1,001
1, 033
1, 024
1, 026
1,012

1, 484
1,457
1, 443
1,460
1, 467
1,474

Primary metals

Rubber products

Petroleum and coal
products

9 320
9.489
9, 564
9, 499
9,348
9,408

Printing and publishing industries

462
464
446
437
439
472

Paper and allied products

169
172
169
175
166
164

o
H

Leather and products

347
368
369
347
366
378

'cS

Apparel and related
products

191
211
237
216
225
228

oT
o
CO

Textile mill products

481
471
471
473
446
444

§|
&!
"3 a

Tobacco

326
376
352
344
334
311

'd m

Beverages

1,210
1,235
1,235
1,278
1.223
1,372

'So

Professional and scientific instruments

1,284
1,293
1,285
1,255
1,204
1,169

Furniture and fixtures

694
698
710
674
706
680

Lumber products except furniture

812
799
796
786
744
750

Motor

1,496
1,492
1,489
1,374
1,234
1,236

ti>
c-

Machinery except electrical

7,472
7, 579
7.559
7, 359
7,086
7,205

"rt

Fabricated metal products

16. 792
17, 068
17, 123
16, 857
16, 434
16, 613

Year and month

Total manufacturing

Chemicals and allied
products

Food and kindred products

Other including ordnance

vehicles and
equipment
Transportation equipment excluding motor vehicles

Electrical machinery
and equipment

Durable-goods industries

SALES
1949: January
February
March
April . - _ _
May
June
- _ ..
July
August
September
October
November
December
1950: January
February
March
April
Mav
June
Julv
August
September
October
November
December

July
-Yugust
September
October
November
December

INVENTORIES i
1949: January
February
March
April
May
June
Julv
August
September
October
November
December
1950: January
February
March
April
May
June
July
August
September
October
November
December
1951: January
February
March
April
May
June
July
August
September
October
November^ _ _
December
1

32, 038
31, 963
31, 613
31, 452
31, 086
30, 672

16, 223
16, 265
16, 074
15, 984
15, 712
15, 386

2,367 1,767
2,371 1,754
2,350 1,752
2,372 1,731
2,382 1,694
2,359 1,676

1,843
1. 883
1,862
1,838
1, 786
1,741

3,643
3,666
3, 661
3, 620
3, 539
3,465

2,114
2,124
2,096
2,038
1, 966
1,902

962
952
930
922
914
929

882
884
819
859
857
782

458
459
441
425
413
392

612
622
627
634
034
638

501
505
502
515
504
511

1,074
1, 045
1, 033
1, 028
1, 024
992

15,816
15, 698
15, 539
15, 467
15,374
15, 286

2,703
2,678
2, 645
2,633
2, 607
2,610

1,386
1,329
1,263
1,224
1,214
1,232

527
512
516
511
517
521

808
799
803
800
794
776

596
591
576
572
565
565

2,212
2,195
2, 174
2,157
2, 113
2,091

2,307
2,347
2, 332
2,360
2,379
2,380

630
630
631
629
627
615

30, 249
29, 864
29, 455
29, 063
28, 743
28, 973

15, 062
14, 727
14, 362
14,090
13, 841
14, 091

2,309
2,292
2,218
2, 180 1
2,167!
2, 202J

1,654
1,636
1,614
1,556
1,501
1,518

1,691
1, 635
1, 569
1, 533
1, 502
1,537

3, 382
3, 312
3, 243
3, 183
3, 138
3,167

1,841
1,772
1,714
1, 656
1, 610
1,759

928
904
915
894
881
846

734
714
689
732
732
725

384
377
372
365
371
378

634
611
583
565
548
548

508
501
495
485
481
480

998
974
950
942
912
931

15, 186
15, 136
15, 093
14,972
14, 902
14, 882

2,594 1,020 1,446 1,996 1,277
2,628 1, 007 1, 494 1, 979 1,274
2, 606 1, 030 1, 547 1, 939 ,297
2, 656
997 1, 533 1,947 , 237
2, 597
273
976 1,511 1, 966
2,624
970 1, 515 1,972 , 263

505
502
512
502
487
488

746
711
685
666
662
678

533
530
522
530
566
570

2,092
2, 092
2, 070
2, 041
2, 030
2,017

2,376
2,340
2,327
2, 325
2,285
2,228

602
580
558
538
550
558

28, 995
28. 868
29, 919
29, 152
29, 306
29, 603

14,071
14, 051
14, 0^2
14,181
14,317
14, 555

2,180;
2,114!
2,076'
2.067
2,039
2,098!

1,524 1,542
1,535 1,564
1,550 1,556
1,588 1.575
1,630 1, 632
1,690 1, 686

3,140
3,152
3,175
3, 187
3,207
3, 233

1, 730
1,745
1,754
1,813
1,811
1,764

835
799
784
111
111
111

758
758
728
724
744
766

400
423
432
446
460
470

557
562
576
588
589
593

471
934
465
935
465
947
454
959
465
969
475 1,003

14, 924
14,817
14,877
14, 972
14. 989
15,048

2, 658
975 1,498
2.644
995 1,461
2,725 1, 005 1,453
2,767 1,001 1, 460
2,729
988 1,455
968 1,441
2,631

,298
1.277
1, 316
1,305
1,289
1,354

502
483
490
502
513
522

688
684
684
692
681
677

613
596
587
593
586
597

1,984
1,970
1, 957
1, 975
2, 009
2, 059

2,202
2, 167
2, 096
2, 065
2,078
2,085

550
553
560
564
569
562

29,618
29, 894
30, 868
31, 769
33, 092
34, 118

14, 554
14,618
14, 938
15,376
16, 154
16, 822

2,14li 1,670
2,186 1,692
2, 2451 1,692
2, 301 i 1,726
2,355 1,778
2,387 1,806

1,680
1,683
1,687
1,710
1,808
1,971

3, 186
3,178
3, 264
3, 369
3, 524
3, 703

794
1,770
1,739
814
1,791
851
1, 896
874
2,089
952
2,157 1,034

764
760
776
807
817
865

473
467
483
484
512
549

602
596
589
601
609
639

^69
470
483
496
519
534

1,006
1.033
1,078
1,113
1,190
1,178

15,064
15,276
15,931
16, 393
16, 937
17, 295

2,638
2,716
2. 833
2, 896
2, 982
3,130

1,005
1,017
1,072
1,003
1, 093
1,068

1,414 2,163 1, 391
1,498 2,204 1,403
1,614 2, 313 1,465
1, 632 2,464; 1,518
1, 632 2, 588! 1,622
1, 625 2,654| 1,667!

508
509
528
548
560
570

670
6541
666
672
692
738

597
597
626
624
640
650

2, 053
2, 077
2, 132
2, 217
2, 305
2, 393

2,107
2,101
2,161
2,215
2,238
2,230

518
500
521
545
586
572

35, 008
35, 504
36, 362
37, 805
38, 773
39, 684

17, 375
17,670
17, 959
18, 576
19, 273
19,903

2,387 1,881
2,369! 1,864
2.307 1,884
2,3031 1,961
2,326| 2,058
2, 351 2, 148

2,011
2,062
2,133
2. 243
2,390
2,514

3,834
3,949
4, 064
4,209
4, 377
4,511

2,227
2,202
2,202
2,318
2, 362
2,412

1,140
886
912
1,177
1,245
913
1,278
957
1,348
994
1,427 1,013

583
598
595
608
646
638

666
692
724
754
774
815

549
563
566
586
611
652

1,210
1,282
1,325
1,360
1,387
1,423

17,632
17,834
18. 403
19, 228
19, 500
19,780

3,248
3, 305
3,425
3, 655
3, 610
3, 573

1. 095
1,130
1,190
1,231
1,249
1 , 246

1,590
1, 569
1,576
1, 600
1,613|
1, 604

614
598
642
672
692
709

766
780
806!
837
850
8781

690
693
698
684
706
728

2, 402
2, 451
2, 543
2, 648
2,711
2, 774!

2,204
2,211
2,247
2,315:
2, 385
2,447

587
581
580
592
611
640

40, 652
41, 532
42, 067
42, 437
42, 692
43, 039

20, 479
21, 121
21, 542
21, 968
22, 337
22, 884

2,443^ 2,185 2,597 4, 620 2,476 1,523 1,020
2,529! 2,288 2, 692 4,773 2,492 1, 626 1,018
2,638' 2,332 2,714 4,889 2,521 1,712 1,007
2, 7091 2,379 2,761 5,002 2,615 1,780 1,022
2,718 2,372 2,799 5, 131 2,730 1, 896 1,018
2,814 2,414 2,927 5,292 2,733 1,950 1,069
!

631
613
603
584
573
549

840
843
844
834
819
827

673
707
722
735
749
757

1,471
1, 538
1,560
1, 546
1, 532
1,551

20, 174
20,411
20, 525
20, 469
20, 355
20, 156

3, 636
3, 689
3,641
3, 668
3,572
3,479

1,228
1,196
1,250
1,232
1,247
1,233

1, 606 3,477! 1,878
1, 630 3, 483 1,8901
1, 660 3,409 1, 882 i
1, 691 3,336 1,808!
1,749 3,192 1,828'
1,761 3,045 1,816

681
680
705!
677
643
613

904
912
925
930 i
943
986

743
760
764
759
780
795

2, 852
2,927
2,971
2, 993
3,002,
2, 984

2,520
2, 568
2, 620
2,630
2, 618
2, 600

647
677
698
744
782
843

Book value as of end of period.




NOTE.—Figures do not necessarily add to total because of rounding.

2,181
2,159
2,122
2, 099
2,066
2,009

1, 956!
1,987
2,003;
2,048
2, 092
2,152

2,778
2,859
2, 963
3, 206
3,321
3, 408

1,659!
1, 660
1,732
1, 789!
1, 753J
1, 773

Source: U. S. Department of Commerce, Office of Business Economics.

SURVEY OF CURRENT BUSINESS

16

October 1952

Table 6.—Wholesale Sales. Annually, 1948-51 and Unadjusted and Seasonally Adjusted Months, 1949-52
[Millions of dollars]

1948
1949
1950
1951

95, 172
88, 252
97, 666
107, 203

27, 431
24, 695
31, 103
34, 446

67, 741
63, 557
66, 563
72, 757

79, 815
73, 882
83, 006
90, 330

27, 431
24, 695
31, 103
34, 446

4, 093
3, 924
4, 637
4, 943

5,972
5,479
6,991
7, 449

4, 425
4,288
5, 692
5, 794

2,014
1,818
2,211
2,342

1.337
1,238
1,624
1, 524

799
686
759
766

8,791
7, 262
9,189
11,628

52, 384
49, 187
51, 903
55, 884

5,729
4, 855
5, 216
5,165

4, 070
4, 075
4,467
4, 599

1, 370
1, 386
1,478
1, 655

18,869 ! 1,902
18,095 i 1,735
18, 915
2, 020
20,525 i 2,404

2, 530
2,486
2,451
2,553

17, 914
16. 555
17, 356
IS, 983

UNADJUSTED
1949: January
February __
March
April
Mav
June

7,266
6,804
7,432
6,956
7,045
7,148

1,824
1, 853
2,153
2,115
2,084
2,077

5,442
4,951
5,279
4.841
4,961
5,071

5, 960
5, 712
6,375
5. 962
6,010
6,093

1,824
1,853
2,153
2,115
2,084
2,077

294
288
307
327
327
334

380
371
459
501
472
488

294
318
351
328
354
360

134
130
165
154
157
153

85
98
107
96
94
98

36
48
59
59
54
44

601
600
705
650
626
600

4,136
3,859
4.222
3.847
3,926
4,016

353
393
462
387
360
350

267
284
336
306
346
370

118
106
122
112
113
115

1,452
1,364
1, 591
1,519
1,596
1, 672

148
136
148
137
132
140

194
186
214
205
207
213

1, 604
1.390
1.349
1,181
1, 172
1. 156

July
August
September.
October
November _
December.-

6, 635
7.527
7,832
7,923
8,046
7,638

1,844
2,125
2, 233
2,251
2,129
2,007

4,791
5. 402
5. 599
5, 672
5,917
5,631

5, 536
6, 334
6,545
6,507
6,598
6,250

1,844
2,125
2.233
2.251
2,129
2.007

330
369
374
363
327
284

410
483
505
510
486
414

329
369
382
388
401
414

135
152
170
169
158
141

73
102
119
123
129
114

32
53
68
72
76
85

535
597
615
626
552
555

3.692
4,209
4,312
4,256
4,469
4,243

335
514
586
473
377
265

342
348
338
333
367
438

108
118
125
118
118
113

1.456
1,515
1,484
1,453
1,552
1,441

127
154
153
156
157
147

212
220
206
199
207
223

1.112
1.340
1, 420
1,524
1.691
1.616

1950: January
February _ _
March
April.
May
June

6,907
6, 595
7, 364
6,750
7,471
7,769

1,765
1,888
2,242
2, 163
2, 469
2, 579

5, 142
4.707
5,122
4, 587
5, 002
5,190

5,682
5, 539
6, 346
5,815
6. 469
6,737

1,765
1,888
2,242
2,163
2, 469
2, 579

279
282
319
322
371
402

367
387
487
533
618
655

308
376
442
394
430
415

128
131
166
155
172
180

100
108
130
111
123
121

30
38
50
47
56
47

553
566
648
601
699
759

3,917
3, 651
4,104
3, 652
4,000
4,158

336
374
433
330
356
357

254
268
330
304
364
385

124
110
131
110
118
118

1,380
1,315
1,523
1,487
1,661
1,772

148
139
151
143
149
163

177
176
204
190
212
219

1,498
1. 269
1 . 332
1,088
1.140
1, 144

July
August
September.
October
November _
December _.

8.413
9; 604
9, 014
9,472
9, 130
9,177

2,814
3, 356
3.018
3,188
2,819
2, 802

5, 599
6,248
5,996
6,284
6,311
6,375

7, 269
8, 345
7,656
7,960
7, 558
7,630

2,814
3, 356
3, 018
3,188
2,819
2,802

454
500
440
455
404
409

689
771
684
692
604
504

529
605
553
566
510
564

204
246
216
219
199
195

122
189
157
175
151
137

50
80
84
93
92
92

766
965
884
988
859
901

4, 455
4,989
4, 638
4,772
4, 739
4,828

453
687
605
556
439
290

458
459
362
378
393
512

117
130
132
135
130
123

1,805
1, 762
1,536
1,524
1, 532
1,618

152
195
187
206
199
188

216
226
202
199
206
224

1, 254
1,530
1.614
1.774
1.840
1, 873

1951: January
February _ _
March
'_
April
May
June

9,451
8, 383
8,753
8, 103
8,525
8,278

3,030
2,793
3,128
2, 932
2, 900
2,777

6, 421
5, 590
5, 625
5, 171
5, 625
5,501

8, 027
6. 970
7,319
7,072

3, 030
2. 793
3, 128
2,932
2,900
2, 777

457
416
426
421
408
420

581
540
686
697
698
650

603
545
562
444
430
405

230
206
226
194
194
183

166
161
168
149
119
101

54
62
73
53
52
45

939
863
987
974
999
973

4,997
4,372
4,427
4,038
4,419
4,295

496
467
474
381
381
349

378
338
329
319
366
381

153
130
147
132
135
130

1,765
1.552
1,608
1, 592
1,864
1,804

228
198
217
199
212
203

198
188
208
200
227
226

1,779
1.499
1,444
1,215
1, 234
1, 202

July
8, 076
August
9,188
September- 9,020
October
10, 283
November. 9,869
December—
9,274

2, 546
2,929
2,875
3,144
2, 850
2,542

5, 530
6, 259
6, 145
7, 139
7,019
6,732

6,794
7,791
7. 509
8,521
8, 076
7,531

2, 546
2,929
2, 875
3. 144
2, 850
2,542

393
433
400
441
392
336

595
670
617
673
580
462

368
427
502
524
508
476

167
190
184
216
192
160

80
108
108
134
124
106

38
62
73
83
85
86

905
1,039
991
1, 073
969
916

4,248
4,862
4, 634
5,377
5,226
4,989

382
539
488
486
447
275

373
396
354
495
388
482

131
139
134
152
146
126

1,698
1,785
1,597
1,772
1.780
1,708

179
209
183
218
194
164

215
*34
204
231
203
219

1,270
1, 560
1,674
2,023
2. 068
2.015

8, 786
8, 154
8, 108
8,187
8,116
8,240
8, 596
8,722

2,412
2,493
2,579
2,771
2, 706
2.728
2,718
2,646

6,374
5, 661
5,529
5, 416
5, 410
5, 512
5, 878
6, 076

7,244
6, 822
6, 880
6,999
6.920
7, 002
7, 262
7,280

2,412
2,493
2,579
2,771
2,706
2,728
2,718
2,646

343
353
357
401
400
413
368
357

448
493
526
616
612
609
619
628

400
422
413
404
412
455
499
444

164
168
173
183
183
181
177
183

112
123
126
141
129
122
110 \

36
53
51
50
51
45
41
62

909
881
933
976
919
903
904
855

4,832
4.329
4,301
4,228
4,214
4,274
4, 544
4,634

356
397
387
373
350
348 !
400
541

329
318
350
368
379
399
437
394

157
145
145
142
136
136
141
137 ,

1,796
1,608
1,670
1.724
1,789
1,819
1,912
1. 763

192
179
187
187
178
165
164
179 !

202
200
206
224
236
234
246
228 !

1,800
1.482
1.356
1.210
1.146
1.173
1.244
1,392

1952: January....
February _ _
March
April
May
June
July
August

l:iS

i

117

SEASONALLY ADJUSTED
1949: January
February. _
March
April
May
June

7,435
7,487
7, 694
7,665
7,445
7,462

2,061
2, 001
2, 153
2, 125
2,054
2, 055

5,374
5,426
5, 541
5,540
5, 391
5,407

6,190
6,274
6, 464
6, 437
6,242
6,281

2, 061
2, 061
2, 153
2,125
2, 054
2,055

321
317
323
335
327
327

477
452
469
467
439
458

333
342
349
353
360
366

149
144
157
159
157
153

92
104
101
102
100
102

59
57
61
67
60
58

I
630
645
693
642 '
611 !
591 !

4, 129
4, 213
4, 311
4,312
4.188
4,226

395
405
424
434
413
420

327
346
355
340
339
358

110
114
113
114
116
122

1,518
1,542
1, 613
1, 562
1,498
1,522

144
148
148
140
139
143

211
211
218
214
201
201

1,424
1,447
1,440
1,508
1.482
1,460

July
August
September.
October
November.
December..

6,977
7,219
7,400
7,106
7,350
7,260

1,909
2, 004
2,085
2, 026
2,072
2,090

5, 068
5,215
5,315
5,080
5, 278
5,170

5, 808
6,030
6.211
5, 916
6, 168
6,089

1,909
2, 004
2,085
2,026
2,072
2,090

321
335
351
330
326
310

409
434
457
452
479
498

344
369
357
357
376
374

141
149
155
151
150
152

84
95
108
105
118
121

48
54
57
53
55
58

562 i
568
600 ;
578 !
568
577

3,899
4, 026
4,126
3,890
4. 096
3, 999

351
398
448
393
359
401

326
329
344
323
352
338

113
116
120
112
116
121

1,400
1,471
1, 526
1,444
1,528
1,473

143
145
144
139
152
150

206
204
208
203
205
206

1.360
1.303
1, 336
1,276
1,384
1, 310

1950: January
February _ _
March
April _
May
June

7,067
7,265
7,585
7,378
7,757
7,977

2,001
2,104
2,239
2,182
2,432
2,542

5,066
5,161
5, 346
5,196
5,325
5,435

5,900
6, 091
6,404
6,230
6,604
6,833

2,001
2,104
2,239
2,182
2,432
2,542

305
311
335
330
371
393

466
476
496
495
573
612

350
402
440
427
437
421

142
146
158
160
172
180

109
115
123
118
131
126

49
45
52
54
62
62

580 \
609 !
635
598 ;
686
748 ;

3,899
3,987
4. 165
4,048
4,172
4.291

374
386
399
370
408
426

312
328
348
338
357
371

115
118
121
112
121
125

1,441
1,482
1,542
1,531
1,567
1,621

144
151
151
146
157
166

192
200
208
198
206
207

1,321
1,322
1,396
1,353
1,356
1,375

July
August
SeptemberOctober
NovemberDecember..

8,781
9,183
8,515
8,499
8,368
8,770

2,916
3,174
2,822
2,872
2,749
2,912

5,865
6,009 \
5,693
5,627
5,619
5,858

7,569
7, 932
7,259
7,221
7,078
7,460

2,916
3,174
2,822
2,872
2,749
2,912

440
453
413
414
402
447

690
692
621
614
594
604

553
606
516
521
479
510

212
241
196
196
190
210

140
177
143
150
139
146

75
81
70
68
67
63

806
924
863
909
878
932

4,653
4,758
4,437
4,349
4.329
4, 548

474
533
463
462
420
440

455
454
368
366
374
386

123
128
126
128
128
132

1,749
1,707
1,574
1,516
1,508
1,654

171
184
176
184
193
192




!
:

:

210 i
i
204 !
203
204
207 •

209

1.471
1, 543
1, 526
1,490
1,502
1, 537

SURVEY OF CURRENT BUSINESS

October 1052

17

Table 6.—Wholesale Sales, Annually, 1948-51 and Unadjusted and Seasonally Adjusted Months, 1949-52—Continued
[Millions of dollars]
Merchant wholesalers

AH wholesale trade

Nondurable goods

Durable goods
Year and
month

Total

Durable
goods

Nondurable
goods

Total

and ElecAuto- ber
build- trical
Total motive
terials

Hardware

House
furnishings

MaAppar- Beers, Drugs
and
Jewel- ; chinery Total el and wines,
and
sunry
i and
dry
goods liquors dries
1 metals

Food

Paper
and
products

Tobacco
products

All
other

SEASONALLY ADJUSTED— Continued
1951: January
February. -_
March
April—.
May
June

9,780
9,217
8,998
8,792
8,859
8,537

3,432
3,101
3, 125
2,946
2,854
2,740

6,348 8,416
6,116
7,863
5, 873 I 7, 610
5.846 i 7.401
6, 005 i 7. 470
5,797
7,195

3,432
3,101
3,125
2,946
2,854
2,740

501
459
446
429
407
411

733
658
702
653
651
611

688
584
559
478
438
412

256
229
215
200
194
183

180
171
158
159
127
105

89
73
76
61
58
59

985
927
969
966
979
959

4, 984
4,762
4,485
4. 455
4,616
4,455

523
489
463
428
437
416

460
410
348
354
358
367

142
139
136
134
139
138

1,831
1,747
1,627
1,640
1,759
1,655

221
215
217
203
223
207

215
214
212
208
220
213

1, 592
1,548
1, 482
1,488.
1, 480
1, 459'

July
August
SeptemberOctober
November .
December.-

8,460
8,807
8,545
9,224
9,025
8,765

2,637
2,760
2,697
2,835
2,791
2,642

5,823
6,047
5, 848
6,389
6,234
6,123

7,103
7,417
7, 146
7,738
7,558
7,297

2,637
2,760
2,697
2,835
2,791
2,642

382
392
375
399
389
367

594
602
560
597
570
553

385
427
470
482
479
430

174
186
167
193
183
172

92
101
98
115
114
113

57
63
61
61
62
59

953
989
966
988
994
948

4,466
4,657
4,449
4,903
4,767
4,655

400
418
374
406
429
413

356
377
360
474
373
368

137
137
128
144
144
135

1,637
1,729
1,638
1,759
1,751
1,744

201
197
173
195
188
167

209
217
206
236
201
203

1, 526.
1, 582
1, 570
1, 689
1,681
1,625

1952: January
February ..
March
April
May
June _ _
July
August

9,004
8, 954
8,326
8,862
8,448
8,493
8 949
8,393

2,704
2,773
2,578
2,787
2,669
2,698
2 817
2,495

6,300
6,181
5,748
6,075
5 779
5, 795
6 132
5,898

7,530
7,472
6,901
7,410
7 067
7,116
7 538
6,959

2,704
2,773
2,578
2,787
2 669
2,698
2 817
2,495

377
390
376
411
401
405
354
318

562
602
538
577
570
572
619
563

450
453
411
434
419
463
522
445

182
187
165
189
183
181
184
179

122
131
119
150
137
127
126
109

59
63
53
57
57
59
61
63

952
947
916
969
902
891
951
818

4,826
4,699
4,323
4,623
4,398
4,418
4,721
4,464

398
411
361
419
402
415
419
418

404
389
370
409
373
383
415
375

146
155
134
144
140
144
148
135

1,873
1,812
1,689
1,778
1,701
1,669
1,841
1,709

186
195
187
191
187
168
184
169

220
227
210
233
229
221
239
211

1,599
1,510
1,372
1,449
1,366
1, 418
1,475
1, 447

Source: U. S. Department of Commerce, Office of Business Economics.
Table 7.—Wholesale Inventories, Unadjusted and Seasonally Adjusted, 1948—52

1

[Millions of dollars]
All wholesale trade

Merchant wholesalers
Durable goods

End of period

NonTotal Durable
Total
goods durable
goods

Lumand ElecAuto- ber
Total motive
build- trical
ing ma- goods
terials

Nondurable goods

Appar- Beers, Drugs
MaHouse
Hard- furnishand wines,
and
Jewelry chinery
Total eldry
and
ware
and
sunings
metals
goods liquors dries

Food

Paper Tobacand
All
prod- other
prod- coucts
ucts

UNADJUSTED
1948: December. -

7,982

3,563

4,419

7,277

3,563

607

576

515

366

163

158

1,178

3,714

679

381

179

1,036

196

118

1,125

1949: January
February __
March
April .
May
June

8,159
8,237
8,142
7,940
7,778
7,707

3,793
3,910
3, 969
3,924
3,837
3,771

4,366
4,327
4,173
4,016
3,941
3,936

7,503
7,631
7,579
7,407
7,276
7,233

3,793
3,910
3,969
3,924
3,837
3,771

611
643
629
600
573
569

594
616
611
601
586
563

552
584
592
591
556
516

398
415
411
400
389
370

184
191
202
201
203
196

163
162
183
190
180
205

1,291
1,299
1,341
1,341
1,350
1,352

3,710
3,721
3,610
3,483
3,439
3,462

702
695
663
639
608
634

362
396
398
387
387
377

187
197
200
200
190
188

1,031
1,049
1,064
1,027
1,042
1,017

209
213
207
206
209
210

123
125
125
125
126
124

1,096
1,046
953
899
877
912

July August
September,
October
November _
December-.

7,701
7,813
8,010
8,009
8,066
7,913

3,655
3,589
3,584
3,483
3,497
3,531

4,046
4,224
4,426
4,526
4,569
4,382

7,182
7,252
7,380
7,355
7,381
7,220

3,655
3,589
3,584
3,483
3,497
3,531

562
558
580
574
579
567

559
532
513
501
514
525

477
456
434
430
429
445

368
359
348
344
341
338

199
187
188
184
177
175

209
218
220
204
192
153

1,281
1,279
1,301
1,246
1,265
1,328

3,527
3,663
3,796
3,872
3,884
3,689

654
658
706
712
634
646

375
404
408
434
474
396

190
198
204
211
200
193

1,002
1,036
1,056
1,063
1,098
1,045

207
202
194
196
190
185

117
125
130
134
145
118

982
1,040
1,098
1,122
1,143
1,106

1950: January
February _ _
March
April
May
_ __
June

8,018
8,067
8,203
8,239
8,297
8,245

3,649
3,734
3,849
3,918
3,981
3,993

4,369
4,333
4,354
4.321
4,316
4,252

7,345
7,418
7,576
7, 623
7,686
7,663

3,649
3,734
3,849
3,918
3,981
3,993

565
571
574
587
592
578

555
581
620
586
609
650

453
470
491
553
556
564

374
398
421
421
423
412

182
190
202
212
214
212

155
155
166
166
179
179

1,365
1,369
1,375
1,393
1,408
1,398

3,696
3,684
3,727
3,705
3,705
3,670

703
716
730
706
692
721

389
386
406
413
418
407

199
203
210
211
206
201

1,044
1,041
1,069
1,059
1,078
1,042

190
201
202
211
211
219

125
124
122
119
119
115

1,046
1,013
988
986
981
965

8,187
8,486
8,812
9,203
9,426
9,561

3,795
3,715
3,773
3, 941
4,124
4,279

4,392
4,771
5,039
5,262
5, 302
5, 282

7,533
7,782
8,033
8,398
8,571
8,665

3,795
3,715
3,773
3,941
4,124
4,279

573
577
581
619
649
665

635
612
614
634
651
670

464
441
466
509
597
654

381
361
354
383
405
421

217
182
181
192
204
230

184
207
226
229
221
192

1,341
1,335
1,351
1,375
1,397
1,447

3,738
4,067
4,260
4,457
4,447
4,386

677
714
729
762
758
808

480
486
536
554
531
456

203
217
226
241
234
226

1,009
1,146
1,232
1,286
1,276
1.242

212
213
206
207
209
215

117
135
129
140
147
136

1,040
1,156
1,202
1,267
1,292
1,303

9,964
10, 182
10, 504
10, 605
10, 663
10, 508

4,539
4,696
4,976
5, 202
5,375
5,384

5,425
5,486
5.528
5, 403
5,288
5,124

9,090
9,334
9,692
9,840
9.948
9,846

4,539
4,696
4,976
5,202
5,375
5, 384

704
718
749
789
796
778

803
830
886
907
924
897

665
712
796
888
936
953

456
502
521
552
564
549

252
237
253
248
264
287

201
212
247
239
236
248

1,458
1,485
1,524
1,579
1,655
1,672

4,551
4,638
4,716
4,638
4,573
4,462

848
863
892
923
935
944

526
577
624
601
566
526

233
244
257
256
249
245

1,278
1,308
1,343
1, 320
1, 314
1,302

215
216
220
233
236
245

141
143
141
138
141
137

1,310
1,287
1,239
1,167
1,132
1, 063

5,209
5,205
5,341
5,461
5,474
5,246

9,840
9,650
9, 646
9,646
9,561
9,295

5,339
5,199
5,116
5,034
4,952
4,904

785
758
749
753
762
754

884
844
815
783
784
776

920
864
835
798
757
717

535
509
491
480
462
457

281
275
256
242
218
209

248
253
263
260
234
199

1,686
1,696
1,707
1,718
1,735
1,792

4,501
4,451
4,530
4,612
4,609 !
4,391

926
859
811
764
697
677

517
514
571
575
622
551

245
253
263
267
247
237

1,315
1,257
1,272
1,324
1,327
1,279

246
246
251
247
249
243

138
145
142
154
158
145

1,114
1,177
1,220
1,281
1,309
1,25ft

July
August
September _
October
November _
December. .
1951: January
February _ _
March
April
May
June

5,339
July _.- _ 10, 548
10, 404
5,199
August
September. 10, 457
5,116
5,034
October
10, 495
November . 10, 426 4,952
December- 10, 150
4,904
i Book value as of end of period.
222127°—52

3




SUEVEY OF CURRENT BUSINESS

18

October 1952

Table 7.—Wholesale Inventories, Unadjusted and Seasonally Adjusted, 1948—52 1—Continued
[Millions of dollars]
All wholesale trade

Merchant wholesalers
Durablee goods

End of period

NonTotal Durable
goods durable Total

Total

Lumand ElecAuto- ber
buildmotive ing ma- trical
goods
terials

Nondurable goods

MaHouse
Hard- furnishJewelry chinery
Total
ware
and
ings
metals

Appar- Beers, Drugs
el and wines,
and
dry
and
sungoods iquors dries

Food

Paper
Tobacand
All
prod- other
prod- coucts
ucts

UNADJUSTED— Continued
I

1952: January
February .,
March
April
May - _
June
July August

10, 341
10, 190
10, 298
10,110
9,855
9,761
9,665
9,711

5,144
5,114
5,255
5,287
5,161
5,005
4,809
4,814

5,197
5,076
5,043
4,823
4, 694
4,756
4,856
4,897

9,501
9,369
9,499
9,379
9,199
9,122
9, 006
9,049

5,144
5,114
5,255
5,287
5,161
5,005
4,809
4,814

778
794
796
813
810
791
762
763

813
754 1
800 i
770
759
741
750
737

768
779
814 ;
813
750 j
688 |
633
632

497

231

524 j
542 !
530 !
519
495 ;
466
456

220 !
225 i
227
215
208

193
190

;

204 i

1,853 i 4,357
4,255
1,838
4,244
,867
4,092
201 i ,933
193 I
,915
4,038
188 1
,894
4,117
199 i ,806 i 4,197
219
,817
4,235

205
211 I

736
716
730
716 |
698

759
752
748

530 i
501
517
503
525
505 i
494

254
258
269
271
274

486

243
1,250
247 ; 1,253
261
1,267
261
1,207
254 i 1,193
251
1,207
252
1,279
251
1,307

269 i
272
268 i

150
1,194
146
1,134
148
1,052
147
987
142
952
155
971
145
1,003
144 ! 1,031

SEASONALLY ADJUSTED
1948: December.

8,085

3,685

4,400

7,449

3, 685

612

597

536

381 ;

175

195

1, 189

3,764

764

389

185

1,042

203

124

1,057

1949: January
February _ _
March
April
May
June

8,078
8,129
7,981
7,881
7,807
7,838

3,783
3,836
3,824
3,753
3,685
3,657

4,295
4,293
4,157
4,128
4,122
4,181

7,466
7,540
7,415
7,323
7,251
7,269

3,783
3,836
3,824
3,753
3, 685
3,657

618
634
614
583
565
570

584
598
577
577
562
542

555
571
561 •
540 I
507 i
476

398 |
395 i
377
370

188
191
194
188

1,255
1,271
1,310
1,297
1,310
1,324

3,683
3,704
3,591
3,570
3, 566
3,612

687
687
643
629
610
615

376
395
396
397
399
397

190
197
191
194
193
195

1,036
1,051
1,059
1,051
1,059
1,056

209
212
206
202
203
200

123

1.062
1,035

193
190

185
176
191
198
184
199

July .
August
September October
November.
December,

7,905
7,916
7,972
7,902
7,964
7,980

3,686
3,669
3,678
3,616
3,645
3,676

4,219
4,247
4,294
4,286
4,319
4,304

7,332
7,332
7,372
7,304
7,348
7,361

3,686
3, 669
3,678
3,616
3,645
3,676

573
565
587
578
577
577

549
536
537
536
551
555

486
480
468
467
456
475

372
370
370
370
371
367

190
187
190
194
192
190

199
200
196
184
186
176

1,317
1,331
1,330
1,287
1,312
1,336

3,646
3,663
3,694
3,688
3,703
3,685

644
665
704
708
671
679

390
402
400
406
426
408

198
198
199
203
198
202

1,051
1,052
1,034
1,013
1,037
1,038

203
201
200
200
198
194

125
122
130
126
131
122

1,035
1,023
1,027
1,032
1,042
1,042

1950: January
February.,
March
April
May
June

7,918
7,949
8,027
8, 192
8,388
8,449

3,638
3,660
3,701
3,747
3,821
3,870

4,280
4,289
4, 326
4,445
4, 567
4,579

7,294
7,320
7, 396
7, 541
7,695
7,724

3,638
3,660
3,701
3,747
3,821
3,870

572
564
560
570
584
579

546
565
584
563
584
625

456
460
465
506
507
520

374
379
386
390
395
396

186
190
194
198
204
206

176
168
173
173
183
174

1,328
1,334
1,339
1,347
1,364
1,370

3,656
3,660
3,695
3,794
3,874
3,854

688
710
705
696
699
699

403
385
404
424
431
430

202
203
201
205
209
209

1,046
1,040
1,056
1,080
1,093
1,083

190
200
201
207
204
209

125
126
124
121
120
119

1,002

July
August
September _
October__._
NovemberDecember.

8,442
8,613
8, 763
9,090
9,334
9,653

3,827
3,799
3,875
4,097
4,310
4,474

4,615
4,814
4,888
4,993
5,024
5,179

7, 706
7,876
8,024
8, 358
8,570
8,857

3,827
3,799
3, 875
4,097
4,310
4,474

584
585
588
625
648
677

624
616
642
680
701
711

472
464
501
552
634
702

385
372
377
412
440
458

207
182
183
202
222
250

175
190
202
206
215
221

1,380
1,390
1,382
1,420
1, 450
1, 455

3,879
4,077
4,149
4,261
4,260
4,383

667
722
728
761
802
850

501
486
526
517
478
470

211
217
220
231
231
236

1,060
1,164
1,206
1,243
1,217
1,225

208
212
213
211
218
226

125
132
129
132
133
141

1,107
1, 144
1,127
1, 166
1,181
1,235

1951: January
February ._
March
April
May.
June

9,849
10, 017
10, 285
10, 507
10, 697
10, 648

4,531
4,603
4,787
4,967
5, 147
5,207

5, 318
5,414
5,498
5,540
5, 550
5,441

9,045
9,197
9,468
9,700
9,893
9,840

4,531
4,603
4,787
4,967
5,147
5,207

713
708
732
767
785
779

790
804
835
869
886
862

669
696
754
811
853
877

456
478
478
511
527
528

257
237
243
232
251
279

228
230
257
249
241
241

1,418
1,450
1,488
1,528
1,604
1,641

4,514
4,594
4,681
4,733
4,746
4,633

829
839
879
910
945
916

546
573
616
616
585
557

237
244
246
248
252
255

1,283
1,309
1,321
1,340
1,332
1,351

215
214
219
228
229
233

141
145
144
140
142
141

1,263
1,270
1,256
1,251
1,261
1,180

July
August
September.
October___
November.
December.

10, 798
10, 566
10, 482
10, 445
10, 373
10, 266

5,387
5,329
5,278
5,248
5,182
5,107

5,411
5,237
5,204
5, 197
5,191
5, 159

10,012
9,781
9,708
9,666
9, 593
9,498

5,387
5,329
5,278
5.248
5,182
5, 107

801
768
758
759
762
767

869
850
854
840
844
820

936
912
902
869
809
764

540
525
522
516
502
497

268
275
259
255
237
227

236
232
235
234
227
229

1,737
1,767
1,748
1,775
1,801
1,803

4,625
4,452
4,430
4,418
4,411
4,391

914
868
813
765
739
712

537
511
560
537
559
568

255
254
256
257
244
248

1,362
1,273
1,249
1,278
1,269
1,261

241
245
259
252
259
255

148
141
142
145
143
150

1,168
1,160
1,151
1,184
1,198
1,197

5,111
5,127
5,011
5,025
5,055
5,007
5,054
4,943
4,906
4,955
4,858 ! 5, 038

9,456
9,239
9,258
9,230
9,130
9,123

5,127
5,011
5,055
5, 054
4,955
4,858

788
783
111
791
799
792

800
730
754
739
728
713

773
761
770
743
684
635

497
499
497
491
485
476

236
220
216
212
205
202

232
223
220
209
197
183

1,801
1, 795
1,821
1,869
1,857
1,857

4,329
4,228
4,203
4,176
4,175
4,265

719
707
708
707
708
739

550
500
515
516
541
532

247
247
250
253
257
261

1,254
1,252
1,247
1,228
1,210
1,252

254
256
267
265
266
256

150
148
151
150
143
160

1,155
1,118
1,065
1,057
1,050
1, 065

4,864
4,934

9,167
9,153

4,864
4,934

777
773

737
742

644
666

471
470

184
190

190
1, 861
201 i 1,892

4, 303
4,219

742
757

514
484

262
252

1,322
1,310 |

267

155

1,041
1,009

1952: January _ _ _ 10, 238
February,. 10, 036
10, 062
March
9,997
April
9,861
May.
9,896
June
July
August--.

9,890
9,838

i Book value as of end of period.




5,026
4,904

364
356

Source: U. S. Department of Commerce, Office of Business Economics.

267

127
128
127
127
128

140

968
970
975
1,021

996

1,004
1, 061
1,118
1,105

SURVEY OF CURRENT BUSINESS

October 1952

19

Farm Income and Marketings: Revised Data for Page S—2 1
1950

2

1951

Item

Cash receipts from farming
(millions of dollars) :
Total, including Government payments __
Farm marketings and
CCC loans, total
Crops _
_
Livestock and products, total
Dairy products.
Meat animals
_
Poultry and eggs
Indexes, unadjusted:
Cash receipts from marketings and CCC loans
(1935-39 = 100):
All commodities
Crops
Livestock and products.
Volume of farm marketings
(1935-39=100):
All commodities
Crops
Livestock and products.
1
2

Janu- Feb- March April
ary
ruary

May

June

SepOcto- NoDeJuly August tember
ber vember cember Year

January

February March April

May

June

July

Year

2,372

1, 636

1, 736

1,716

1,871

1,889

2,276

2, 463

2, 830

3 605

3 367

2 850 28 611

2 610

1 983

2 078

2 143

2 175

2 188

2 557

32 908

2,340
1,204

1,618
596

1,704
533

1, 666
492

1,830
459

1,855
589

2, 263
994

2, 455
1,076

2, 823
1 , 335

3, 593
1 959

3, 351
1 765

2, 830 28, 328
1 350 12 352

2, 581
1 031

1.957
617

2, 026
519

2,094
512

2,142
448

2,162
600

2, 546
1 098

32, 622
13 053

1, 136

1,022

1,171

1,174

1,371

1, 266

1, 269

1,379

1 488

1 634

1 586

1 340

1 507

1 582
'369

1 694

1 562

1 518

256

1 480 15 976
297 3 719
836 9, 248
340 2. 821

1 550

1,045
273

19 569
4 290
11 308
3, 667

268
681

258
584

178

171

301
649

310
636

209

209

363
762
213

357
676

341
694

426

542

506

427

356

364

430

364

218

392

418

390

350

408

149

162

201

175

157

144

143

106

251

276

162

280

341

309

208

308

361

333

334

160

111

115

110

119

123

140

80
141

67
143

64
161

298
810

363

257

269

96
123

310

1 002
230

370

244

185
141

282
978

235

211

174

304

215

299

188

308
910

205

425

353

330
797

88
150

351

141
139

380

472

157
143

692

251
163

180
149

317

624

192
163

477

164
151

139
147

389

136
148

348
858

892

422
884

426
761

400
801

223

282

284

315

308

288

295

306

316

323

326

384

363

397

384

353

416

446

411

399

429

110

112

118

124

145

60
162

83
155

143
146

147

82
124

183

70
141

181

158

63
148

212

410

138
153

Compiled by the U. S. Department of Agriculture, Bureau of Agricultural Economics. The series have been revised to incorporate later and more complete information.
For monthly data beginning August 1951, see p. S-2 of this issue of the Survey.

Manufacturing Production-Worker Payroll Index, Unadjusted: Revised Series for Page S—12*
[1947-49=100]

1919

Month
January
February _
March.__ ___
A pril
May
June
July
August
__
September
October
November
December

_
__ _
__

_

- -

_
_

_-

_

__ _

_

-

May
June

_

July
August
September
October
November
December
Monthly average

-

_ -_.

_ _ _ _ _ _ _

_

_ .__

1922

1923

1924

1925

1926

1927

1928

1929

1930

1931

1932

1933

1934

37.7
37.2
39.8
38.8
39.0
39.4

25.6
25.4
25.7
25.0
24.5
23.9

22.1
23.0
23.6
23.3
24.4
25.4

29.7
31.0
32.5
32.9
34.0
34.0

31 4
33.1
33.1
32.3
30.9
29.1

30.4
32.0
32.6
31.8
32.2
31.4

32.2
33.5
34.0
33.2
32.8
32.9

31.3
33.2
33.8
33.3
33.2
32.7

30 6
32.3
32.8
32.1
32.4
32.6

32 9
35.1
35.8
36.2
36.3
35. 7

30 6
31.6
31.6
31.2
30.5
29.4

22 3
23.6
24.1
23.6
23.3
22. 1

17 1
17. 5
17.0
15. 7
14.8
13.8

12 8
13.1
12.1
12.8
14.1
15.6

17 8
19.9
21.3
22.0
22.0
21.3

30.3
32.2
33.7
32.8
34.2
36.6.

38.0
38.2
37.7
36.3
33.3
30.3

22.7
23.3
23.2
22.8
22.5
23.0

25.4
26.6
27.6
28.1
29.2
30.0

32.6
32.7
32 9
33.6
32.9
32.6

27.1
28.3
29.3
30.0
29.5
30.9

30.9
31.7
31.5
33.4
33.3
33.5

31.5
32.9
33.3
34.3
33.1
32.8

31.4
32.5
32.3
32.6
31.4
31.7

31.8
33.2
33.7
34.7
33.7
33.9

34.4
36.0
36.3
36.1
33.2
32.1

26.9
26.6
26.9
26.3
24. 5
23.9

21.1
21.0
20.2
19.6
18.5
18.3

12.8
13.1
13.9
14.5
13.8
13.4

16.7
18.6
19.4
19.3
18.1
17.9

19.9
20.6
19.3
20.2
19.8
21.0

1935
January
February
March
April

1921

29.7
28.3
28.5
28.3
28.6
29.4

31.1

Monthly average

1920

37.1
1936

24.0
1937

25. 7

1938

32.6
1939

30.4
1940

32 1

1941

33.0
1942

32.4
1943

32 8

35.0

1944

1945

28 3

1946

21.5
1947

14 8

15 9

1948

1949

20 4

1950

21.4
23.0
23.6
23.6
22.8
22.2

24.4
24.3
25.6
26.2
26.7
26.8

30.0
31.7
33.6
34.8
34.9
34.1

24.2
24.9
25.0
24.2
23.7
23.1

27.2
28. 1
28.7
28.0
28.0
28. 5

32.0
31 8
32.1
31.3
31.4
31.9

39.0
41 2
42.9
44.3
47.4
50.2

59.1
61 5
63. 6
65.5
67.8
69.7

88.8
91 2
93.8
96.0
97. 5
99.5

104.5
104 7
104.0
102.4
102 5
103.0

103.4
103 4
102.8
100.7
96.7
95.9

70.8
65 3
72.4
77.4
77 1
80.1

93.5
94 0
94.9
94.1
94.2
96.3

104 1
102 8
103. 6
100.1
100 0
103.3

103. 4
101 8
99.5
95. 4
93. 5
94.4

98.4
98 6
99.7
100.8
104 0
108.4

21.9
23.5
24.4
25.2
24.9
25.6

26.5
27.7
27.7
29.5
30.0
31.5

33.4
34.5
33.4
33.4
29.8
27.1

23.2
25.2
26.6
27. 5
27. 7
28.6

27.9
29.9
31.4
33.7
33. 5
33.8

31.6
34.3
36.2
37.6
37 7
39.5

50.4
52.7
54.5
56.0
55.7
57. 2

71.9
75.8
78.4
81.5
84 4
87.2

99.5
102.0
103.8
105. 2
106.7
103.9

101.0
102 1
101.7
102.3
101 6
103.2

91.5
81.9
69.2
68.9
68 8
69.9

81.4
87 0
89.3
89.7
90 8
93.3

94.6
97.6
101.5
102.4
103 3
106.4

103. 6
107 7
109.6
109. 6
108 5
107.8

93.5
96 6
100.2
95.9
93 8
98.4

109. 9
117 9
120. 5
124 3
124 0
127.4

23.5

27.2

32.6

25.3

29.9

34.0

49.3

72.2

99.0

102.8

87.8

81.2

97.7

105. 1

97.2

111.2

i Compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Revisions reflect use of new base period. Conversion to the 1947-49 base was made by BLS beginning with 1939
only; by the Board of Governors of the Federal Reserve System for 1919-38. Production and related workers include all full- and part-time production and related workers who worked or
received pay during any part of one pay period ending nearest the 15th of the month. For 1951 indexes on the new base, see p. S-12 of the April 1952 SURVEY and subsequent issues.




SURVEY OF CURRENT BUSINESS

20

October 1952

Manufacturing Production-Worker Employment Index: Revised Series for Page S—12
[1947-49 = 100]

1

UNADJUSTED FOR SEASONAL VARIATION
Month
1919

January
February
March
April _ _ _ _
May
June

67.3

July
August_
_
September
October
November.
December

.
_ _ _

___

Monthly average.

_

_ __ _
__

_

_ __ _

_

July
August
September
October
November.
December

.. .
._
__

Monthly average

.

_. ._ _ _ _ _ _ _ _

. __

__.
-

__

_

_ _
_

_ _.

_ _

_-

_ _ _ _ _

1927

1926

1928

1929

1930

1931

1932

1933

1934

53.1
54.4
55.2
55.2
56.6
57.7

64.5
66.0
67.4
67.7
67.8
68.1

64.4
65. 5
63.9
64.5
62.4
60.4

62.2
63.3
63.9
63.8
63.5
63.4

65.0
65.7
66.0
65.6
64.9
64 9

63.5
64.5
65.0
64.6
64.2
64.2

61.4
62.6
63.2
63.0
63.0
63.4

65.5
67.0
67.9
68.7
68.6
68.8

63.2
63.3
63.0
62.7
61.6
60.3

51.5
52.0
52.3
52.3
51.9
50.7

45.0
45.8
45.1
43.6
41.9
40.6

40.7
41.7
40.1
41.1
43.0
46.1

50.6
53.8
56.0
57.0
57.2
56.4

68.6
70.4
71.7
71.4
72.1
73.3

69.2
69.2
68.3
65.7
61.6
56.7

51.3
52.2
53.4
53.9
53.9
53.3

58.3
59.9
61.3
62.2
63.1
63.8

67.4
67.5
67.8
67.0
66. 2
65.1

58.4
59.2
60.7
61.2
60.8
61.8

63.3
64.4
65.6
66.1
65.8
65.6

64.2
65.6
66.9
66.7
65.5
64.6

63.5
64.4
65.2
64.5
63.1
62.2

63.4
65.1
66.5
66.7
66.1
65.7

69.1
70.3
71.0
70.2
67.3
64.8

58.2
57.7
58.4
57.1
54.9
53.4

50.0
50.1
50.4
48.5
46.8
46.3

39.2
40.3
42.5
43.2
42.6
41.9

49.1
52.4
54.7
54.4
52.2
51.1

55.4
56.2
53.7
55.2
54.2
55.1

68.7

69.0

52.8

58.4

66.9

62.1

64.2

65.5

64.1

64.2

68.3

59.5

50.2

42.6

47.2

55.1

1936

1937

1939

1938

1940

1941

1942

1943

1944

1945

1946

1947

1948

1949

1950

55.8
57.6
58.6
58.7
57.9
56.8

59.5
59.8
60.6
61.6
62.2
62.6

67.5
69.3
70.9
71.6
71.8
71.0

59.2
59.7
59.6
58.4
57.0
56.0

62.1
63.2
64.0
64.0
63.6
63.9

68.9
69.0
68.7
68.0
67.6
67.9

77.6
79.5
81.5
83.6
85.5
87.8

93.8
95.6
97.2
98.8
100.3
101.8

115.7
117.5
119.0
119.6
119.9
121.8

122.1
122.0
120.6
119.0
118.0
117.9

115.3
115.6
114.8
113.2
111.3
109.6

91.1
85.2
91.0
95.6
96.0
98.0

103.6
104.1
104.0
103.1
101.4
101.7

104.2
103.5
103. 7
100.9
100.2
101. 5

98.6
97.6
96.2
93.9
91.6
91.7

92.6
92.7
93.4
93.8
95.7
97.6

57.2
59.1
60.5
61.4
61.0
60.7

63.5
65.4
67.0
67.7
67.7
68.7

71.4
72.4
72.5
71.3
67.5
63.5

56.4
59.2
61.5
62.0
62.8
63.4

64.2
66.6
69.4
71.6
71.3
70.8

68.3
71.4
74.3
76.0
76.8
77.8

90.2
92.3
94.2
94.6
94.4
94.2

104.4
107.4
109.9
110.9
112.4
114.7

123.2
124.0
123.8
124.2
124.6
123.4

117.7
117.8
116.5
115.4
114.9
115.2

106.6
103.9
89.6
89.0
89.4
89.8

99.3
102.4
103.8
103. 3
104.3
104.4

100.5
103.2
104.8
104.8
104.8
105.3

101.6
103.5
105. 2
104.4
103.3
101.7

90.6
93.5
95.2
91.9
91.3
93.0

98.2
103. 5
105. 2
106. 2
105. 5
105. 6

58.8

63.9

70.1

59.6

66.2

71.2

87.9

103.9

121.4

118.1

104.0

97.9

103.4

102.8

93.8

99.2

1931

1932

-.

_

_ _

1921

1920

1922

1923

1924

1925

1926

1927

1928

1929

1930

1933

1934

68.5
66.0
65.4
65.7
66.3
67.2

74.9
73.9
74.4
73.5
71.8
71.1

52.0
53.2
53.3
53.1
53.0
52.5

53.9
54.9
55.2
55.4
56.8
57.8

65.5
66.1
66.9
67.6
67.9
68.4

65 5
65.6
65.3
64.4
62.5
60.7

63.1
63.5
63.5
63.8
63.7
63.7

66.1
66.0
65.7
65.5
65.1
65.2

64.7
64.9
64.7
64.5
64.4
64.4

62.6
63.0
63.0
62.9
63.2
63.6

67.1
67.6
67.8
68.6
68.6
68.9

64.8
63.7
62.9
62.5
61.6
60.5

53.0
52.4
52.2
52.1
51.9
51.0

46.1
45.9
44.9
43.4
42.0
40.9

41.7
41.8
40 0
41.0
43.2
46.5

51.9
53.9
55.8
56.7
57.2
56.7

69.0
69.9
70.5
70.4
71.8
73.6

69.4
68.5
67.1
64.9
61.3
56.8

51.6
51.9
52.6
53.1
53.5
53.4

58.6
59.4
60.2
61.4
62.8
64.0

68.6
67.4
66.9
66.2
66.0
65.4

59.0
59.2
59.8
60.3
60.7
62.1

64.1
64.2
64.3
65.1
65.7
66.0

65.0
65.4
65.7
65.6
65.3
65.0

64.2
64.2
63.8
63.4
63.0
62.7

63.9
64.7
64.9
65.5
66.1
66.5

69.6
69.8
69.1
68.6
67.2
65.6

58.7
57.3
56.5
55.8
54.9
53.9

50.6
49.9
48.9
47.5
46.7
46.6

39.8
40.1
41.4
42.3
42.6
42.1

49.8
52.1
53.3
53.4
52.2
51.5

56.1
55.5
52.2
54.3
54.4
55.6

1935

January
February
March .
April
May.
June
July
August
September
October
November
December

1925

ADJUSTED FOR SEASONAL VARIATION

____

.

1924

51.2
52.6
53.4
53.0
52.8
52.3

1919

July
August
September
October
November
December

1923

73.6
73.0
74.4
73.4
71.5
70.9

Month
January. _ . _ _ _ _ - . _
February
March
_ ___
April
May
-June

1922

65.2
65.5
65.6
66.1
66.9

1935

Januray.
February
March.,.
April
May
June

1921

1920

1936

57.2
57.9
58.3
58.4
57.9
57.4
58.0
58.7
59.2
60.0
60.7
61.0

1937

61.0
60.2
60.4
61.4
62.4
63.2
64.4
65.0
65.6
66.1
67.5
69.0

69.2
69.9
70.7
71.4
71.9
71.6
72.3
72.0
71.1
69.8
67.3
63.8

1938

1939

60.8
60.2
59.4
58.2
57.2
56.6
57.2
58.7
59.9
60.5
62.5
63.7

63.2
63.8
64.3
64.6
64.6
64.8
65.2
66.0
67.5
69.8
70.2
70.4

1940
70.0
69.7
69.0
68.5
68.6
68.8
69.4
71.0
72.6
74.2
75.5
77.2

1941
78.7
80.1
81.9
84.1
86.3
88.6
90.7
91.8
92.4
92.9
93.4
93.8

1942

1943

1944

1945

1946

1947

1948

94.9
96.2
97.8
99.5
101.2
102.3
104.2
106.2
108.1
109.9
112.0
114.5

116.4
117.9
119.4
120.3
120.7
122.0
122.9
122.9
122.8
123.6
124.3
123.3

122.6
122.2
120.9
119.5
118.8
118.1
117.4
117.0
115.8
115.1
114.6
115.1

115.5
115.8
115.0
113.7
112.2
109.9
106.6
103.4
88.8
88.6
89.1
89.6

91.4
85.3
91.2
96.2
97.0
98.4
99.7
101.6
102.6
102.7
104.0
104 1

104.0
104.2
104.2
104.1
103.0
102.8
102.1
102.3
102.8
103.2
103. 8
104.5

104.7
103.7
103.9
102.0
101.9
102.7
103.3
102.9
102.9
102.7
102.3
100.9

1949
99.1
97.8
96.4
95.0
93.2
92.7
92.1
92.3
93.4
90.3
90.3
92.3

1950
93.0
92.8
93.6
94.8
97.4
98.6
99.9
102.7
103.3
104.5
104.4
104.7

1

Unadjusted indexes compiled by the U.S. Department of Labor, Bureau of Labor Statistics; adjusted index, by the Board of Governors of the Federal Reserve System (from BLS data). Revisions reflect use of new base period. BLS converted their unadjusted series to the new base beginning with 1939 only; conversion of this series prior to 1939 was made by the Board of Governors. Production workers include all full- and part-time production and related workers who worked or received pay during any part of one pay period ending nearest the 15th of the month.
For 1951 indexes on the new base, see p. S-12 of the April 1952 SURVEY and subsequent issues.
Radio and Television Sets, Production: New Series for Page S—34 1
[Number of sets]
Year

Radio
sets

Year

Radio sets

1947

Monthly average:
1924
1925 .
1926
1927
1928
1929
1930
1931
1932
1933

Monthly average:
125, 000
166, 700
145, 800
112, 500
270, 800
369, 000
315, 700
299, 500
203, 800
346, 400

1934
1935
1936
1937
1938
1939
1940
1941
1942
1946

373, 200
502, 500
687, 400
673, 600
595, 200
896, 900
985, 900
1, 136, 900
2
1, 076, 700
1, 329, 600

1, 666, 700 1, 375, 000

1
Compiled by the Radio-Television Manufacturers Association. Data represent estimated
industry totals based on reports from both members and nonmembers of the association.
Both private and company brands are included. Radio production comprises home, portable
battery, automobile, and clock models; television sets include combination models. Data




1948

1949

January _ _ _ _ 1, 779, 700 1, 628, 500 1, 113, 200
1, 568, 400 1, 671, 300
February
937, 500
March
1, 564, 900 1, 966, 800 1, 064, 900
April
794, 500
2, 000, 100 1,413,100
May
1, 493, 000 1, 301, 800
749, 100
June..
1, 372, 000 1, 305, 400
803, 000
July
1, 307, 800
780, 300
536, 400
August
1, 431, 200 1, 082, 200
977, 700
September
1, 492, 600 1, 482, 900
835, 300
October
2, 259, 100 1, 292, 500 1, 051, 500
November
1, 817, 000 1, 236, 100 1, 427, 800
December
1. 914, 200 1, 339, 100 1, 109, 000
Mo. avg__

Television sets, including combination

Radio sets

Month

1950

934, 900
1, 059, 200
1, 349, 500'
1, 254, 200
1, 244, 700
1, 491, 100
666, 000
1, 303, 700
1, 335, 500
1, 229, 900
1, 215, 600
1, 505, 600
950, 000 1, 215, 800

1951
1, 202, 500
1, 313, 000
1, 720, 100
1, 337, 000
1, 372, 600
1, 062, 700
465, 100
563, 400
1, 100, 200
874, 700
747, 900
868, 100
1, 052, 300

1947

5,400
6,300
6,600
7,900
8,700
11, 500
10, 000
12, 300
32, 700
23, 700
24, 100
29, 300
3
14, 900

1948

33,800
40,400
58,600
52.100
55,400
72,300
63,800
73,400
98,700
106,400
138,200
181,900
81,300

j 1949

!
1
!
i
I
i
i

150,400
147,800
226,500
206,900
202,900
200,500
98,700
230,600
278,900
1 378,600
1 514,600
! 363,500
250,000

1950
438, 700
479, 900
686, 600
542, 600
486, 000
502, 500
327, 500
720, 600
843, 800
838, 300
738, 800
858, 500
622, 000

1951
650, 700
679, 300
870, 000
500, 000
405, 000
352, 500
148, 900
146, 700
337, 300

411,900

415, 300
467, 100
448, 700

for March, June, September, and December cover 5 weeks; other months, 4 weeks. All
figures are rounded to the nearest hundred.
2 Average for 4 months, January-April. Civilian production was terminated in April 1942.
3 Estimated production of television sets in 1946 totaled 6,476 units which include some
experimental models.

BUSINESS STATISTICS
JL HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1951 Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1947 to 1950, and monthly averages for earlier years
back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1947. Series
added or revised since publication of the 1951 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index
numbers and dollar values refer to adjustment of monthly figures for seasonal variation.
Monthly averages for 1951 are shown in the March 1952 Survey of Current Business.
series will be found in the Weekly Supplement to the Survey.

Data subsequent to August 1952 for selected

1951
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

August

September

October

15>52

November

December

January

February

March

April

May

June

July

August

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT f
Seasonally adjusted quarterly totals at antfual rates:
National income total
bil of dol
Compensation of employees total
do
AVa^es and salaries total
do
Private
do
Military
do
Government civilian
do
Supplements to wages and salaries
do
Proprietors' and rental income
totaled
do
Business and professional^1
do
Farm
do
Rental income of persons _ _
do
Corporate profits and inventory valuation adiustment total
bil of dol
Corporate profits before tax total
do
Corporate profits tax liability
do
Corporate profits after tax
do
Inventory valuation adjustment
do
Net interest
do
Personal consumption expenditures total do
Durable goods
do
Nondurable goods
do
Gross private domestic investment
New construction
Producers' durable equipment

do
do
do

Net foreign investment
do
Government purchases of goods and services,
total
bil of dol
National security?
State and local
Personal income, total
Less* Personal tax and nontax payments
Equals: Disposable personal income

do
do
do
do
do

280.2
181.0
172.1
142.0
9.1
21.0
8.9
50.8
26.0
15.8
9.1

285.6
183.4
174.3
143.8
9.6
20.9
9.1
53.1
26.6
17.0
9.4

288.0
186.5
177.4
145.8

41.9
38.6
21.8
16.9

42.5
39.5
22.2
17.3

42.7
42.7
24.7
18.1

3.2
6.5

3.0
6.6

—.1
6.7

1.7
6.9

330.9
206.4
25.5
113.2
67.6
56.2
22.4
24.9
8.9
1.1

337.1
210.5
25.3
116.2
69.0
52.9
22.4
24.7

343.2
214.9
26.4
117.8
70.8
49.3
23.6
25.7

5.8
2.6

339.4
213.2
25.2
118.0
70.0
50.0
23.7
25.7
.6
1.9

67.3
45.5
41.6
21.7

71.2
48.9
44.3
22.3

74.4
51.2
46.4
23 2

78.0
54.9
50.3
23.0

256.1
29.0
227.1
20.7

262.0
30.4
231.5
21.1

263.0
32.5
230.5
17 3

264.4
32.9
231.5
16.5

186 9
177 8
145 6

9.0

9
51
27
14

52.1
27.3
15.4
9.4

2
9
6
8

9.5

.1
.9

PERSONAL INCOME, BY SOURCE f
Seasonally adjusted, at annual rates:
Total personal income
bil. of dol._
Wage and salary disbursements, total
do
Commodity-producing industries
do
Distributive industries
do
Service industries
do
Government. _
do
Wage and salary receipts, total
do
Other labor income. ._ _..
do
Proprietors' and rental income
. do
Personal interest income and dividends, .do
Transfer payments
do
Less personal contributions for social insurance©
bil. of dol. .
Total nonagri cultural income
do..

256.7
171.2

74.8
46.5
20.4
29.5
167.9
4.2
51.5
20.5
12.6

257.3
172.1
75.7
46.3
20.4
29.7
168.8
4.2
50.9
21.0
12.4

261.7
174.0
75.9
46.5
20.7
30.9
170.5
4.3
53.4
20.8
12.7

260.9
174.8
75.8
46.5
20.8
31.7
171.3
4.2
52.5
20.5
12 4

263.4
176.0
77.5
46.7
20.8
31.0
172.6
4.3
53.3
21.1
12.1

263.4
176.7
77.3
47.1
20.8
31.5
173.1
4.3
53.4
20.1
12 8

263.5
178.0
78.2
47.1
20.9
31.8
174.5
4.3
52.1
20.5
12 4

261.9
177.3
77.7
47.0
20.8
31.8
173.9
4.3
50.7
21.0
12 4

262.5
176.7
76.9
47.0
21.0
31.8
173.4
4.4
51.2
21.5
12 3

264.5
177.9
76.7
47.7
21.3
32.2
174.6
4.4
51.7
21.5
12.6

266.7
179.3
77.2
48.5
21.3
32.3
175.8
4.5
52.8
21.4
12.5

3.3

3.3

3.5

3.5

3.4

3.9

3.8

3.8

3.6

3.6

3.8

235.5

236.4

239.1

239.5

240.7

241.7

243.4

242.7

242.9

244.9

245.9

' 263. 9
' 177. 4
'74.0
'49.3
21.5
r 32 6
' 173. 9
4 5
r 52 2
21.3
r
12 4
qo. Q
y

267.1
181.0
77.5
49.3
21.5
32 7
177.5
4 5
51 8
21.4
12 1

r 243 4

247 o

3.7

NEW PLANT AND EQUIPMENT
EXPENDITURES J
All industries, quarterly total
mil. of dol..
7,421
6,715
6,951
6,228
i 7 125
i 3 3g^
Manufacturing
do
2,841
3,335
2,742
3,302
1
Mining
.
do
236
244
220
208
211
i 331
Railroads
_
do __
354
432
381
362
i 373
Transportation, other than rail..
..do
344
372
378
361
i i 104.
Public utilities ..do
1,042
1 117
957
847
Commercial and other
_
..do
1,870
1,949
1,708
1, 713
1 1! 726
T
Revised.
* Estimates for July-September based on anticipated capital expenditures of business.
fRevised series. Quarterly estimates of national income and product and quarterly and monthly estimates of personal income have been revised beginning 1949; see pp. 29-31 of the July
1952 SURVEY for the data.
<? Includes inventory valuation adjustment. 9 Government sales are not deducted.
§Persqnal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
©Data through 1951 represent employee contributions only; thereafter, personal contributions of self-employed
persons are also included.
{Revised beginning 1939. For revised annual data for 1939-51 and for quarterly data beginning 1947, see pp. 20 and 21 of the August 1952 SURVEY.




S-l

SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 1952

1951
August

September

October

1952
November

December

January

February

March

April

June

May

July

August

GENERAL BUSINESS INDICATORS—Continued
FARM INCOME AND MARKETINGS*
Cash receipts from farming, including Government
payments, total
mil. of dol
Farm marketings and CCC loans, total
do
Crops
do
Livestock and products, total
do
Dairy products
do
Meat animals
_ __ _._do
Poultry and eggs
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
. .
1935-39= 100__
Crops
do
Livestock and products
__
do- . _
Indexes of volume of farm marketings, unadjusted:
All commodities
1935-39=100
Crops
_ _ _ _ _ _ _ _
.- d o _ -.
Livestock and products
do _

'
'
'
'

2, 886
2, 879
I , 255
1, 624
'377
'934
"•296

'
'
'
'

3, 348
3, 340
1 573
1, 767
'348
' 1, 067
'338

'
'
'
'

4, 216
4, 206
2 152
2, 054
'342
' 1, 344
' 355

'
'
'
'

3, 712 '3,012
3, 695 ' 2, 994
1 885 ' 1 433
1,810
' 1, 561
'325
'325
' 1,082
'873
'394
' 354

2,642
2,619
1 111
1,508
330

2,043
2,010
638
1,372
330

2,122
2,079
628
1,451
369

2,100
2, 053
571
1,482
389

r 2, 176

924
243

809
227

817
254

812
262

825
272

' 2, 142
' 573
1,569
433

2,381
2,361
851
1,510
427
769
271

812
278
434
487
394

356
301
398

'407
' 436

116
64
155

123
'68
164

139
108
162

' 154
' 165

217

215

211

205

'195

228

224

224

215

' 204

281
261
148
176
133
360
217
204
249

283
263
149
175
135
359
218
204
252

277
245
152
170
143
354

278

' 232
' 141

145
168
133
353
216
199
260

249
142
155
169
148
352
210
r
195
246

' 216

'504
' 556
'465

'635
'760
'541

' 557
'666
'476

'452
' 506
' 411

395
393
397

303
226
361

314
222
382

310
202
390

' 163
'179
' 151

' 181
'211
' 159

'216
'265
' 179

' 185
' 206
' 170

' 157
' 160
' 154

145
137
151

115
82
140

119
76
151

220

223

222

220

217

217

218

229

232

230

229

227

227

229

269
254
158
165
154
328
197
191
213

273
258
158
167
153
336
197
190
214

276
261
158
171
151
340
201
190
230

277
261
155
172
146
347
209
198
236

280
263
141
178
122
358
207
196
235

280
261
142
175
125
359
216
206
243

r

202

2,882
2.847
1 377
1,497
394

759
269

413

'434
'444
'427

323

' 2, 711
' 2, 697
' 1 235
1,462
410

385

161
182
145

145

INDUSTRIAL PRODUCTION
Federal Reserve Index
Unadjusted, combined index

1935-39=100__

Manufactures

do

Durable manufactures
Iron and steel
- __
Lumber and products
Furniture
_ ._
Lumber
Machinery
Nonferrous metals and products
Fabricating
Smelting and refining. . _ _ .

_

do
do
do
_ do
do
_ do . _
do
do
do

r

246

'218

203
257

P218
1

v 228
v
p
p
p

150
164
143

270
240
160
175

152

' 331 !
' 201
' 185

*>
p
P
v

241

338
212
196
251

Stone clay and glass products
Cement
_ Clay products
Glass containers
Transportation equipment
Automobiles (incl. parts)

do
do __
do
do _ .
do _ .
do

238
251
182
259
305
223

237
254
180
251
311
226

230
252
182
228
311
223

217
237
179
206
313
216

212
220
177
201
320
221

205
188
169
219
318
218

208
196
168
232
322
219

212
200
167
239
327
222

216
226
168
242
329
227

r 224

r 224

241

237
170
266

Nondurable manufactures
_ _
Alcoholic beverages
Chemical products
Industrial chemicals
Leather and products
__ _
Leather tanning
Shoes
Manufactured food products
Dairy products
Meat packing
Processed fruits and vegetables

do
_ do __
do
do
do __
do
_ do
do
_ do _ _
do
do _ _ .

197
179
303
557
98
80
110
189
215
139
263

199
193
303
560
100
83
111
192
169
149
297

193
197
303
556
91
80
98
177
128
156
210

191
178
304
563
91
81
97
164
98
188
111

185
154
302
563
88
79
94
158
95
195
96

184
145
302
562
100
86
110
151
86
193
83

186
152
300
562
109
96
118
149
97
175
84

184
155
298
563
108
86
122
148
116
165
82

180
155
295
559
102
84
114
149
152
152
89

180
158
291

196
189
265
187
213
166
243
170
145
360
115
190

196
191
266
185
214
180
245
163
334
114
188

196
191
269
185
212
181
239
154
140
293
114
191

191
187
276
185
214
183
245
157
144
289
120
198

183
181
281
185
215
178
250
152
136
283
118
137

187
185
281
188
211
170
248
157
144
296
116
176

194
190
281
188
212
175
243
160
150
294
122
167

192
188
278
204
210
180
242
152
141
288
112
164

170
171
77
134
194
167

171
172
79
137
195
166

176
179
104
147
199
163

169
178
99
152
196
115

159
170
86
135
193
89

162
175
91
147
194
88

162
174
77
135
199
91

158
170
68
122
199
90

165
171
74
119
201
130

143
140
73
107
159
159

' 74

57 !
91 <
' 190
' 82 i

do

217

218

218

219

218

221

222

221

216

211

204

' 193

v 215

do ._.

226

228

226

228

228

231

232

231

225

224

214

' 202

P 225

267
146
137
197
213
228
222
176
249

271
146
135
196
214
228
219
173
246

274
149
138
201
230
219
217
172
222

277
157
149
209
235
212
219
173
204

282
154
141
207
235
219
242
172
216

282
159
150
216
243
217
233
182
223

284
162
154
217
249
294
257

285
158
149
218
252
222
244
175
239

277
152
143

277
142
128
216
259
217
230

248
146
134
210 I
247
222
°22
171
269

' 231

P 268
f 149

Paper and products
Paper and pulp
Petroleum and coal products
Coke
Gasoline
Printing and publishing
Rubber products
Textiles and products
Cotton consumption
Rayon deliveries
Wool textiles
Tobacco products
.
Minerals
Fuels
Anthracite
_
Bituminous coal
Crude petroleum
Metals

_

do
do _ _
do
do __
do
__ _
do _ _
do
_
do __
__ _
do
_
do _
do
_ _ _ _ do __
-

._

_

Adjusted, combined indexcf
Manufactures

_

__

Durable manufacturesLumber 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
do
do
do

142

239

186
181
'261
' 166

205
180
235
144
130
280
108
174

r

r

r

167

260
338

r

558

105
90
115
154
197
147

r

r

r

96

T

230

'288
' 164

v 194

340

187
176

' 181
' 294 !
' 564

102
90
111

90

' 165
T

P 185

' 174

125

' 182

159
153
953
67

P277

' 225

p 228

72
157
174

67
216
175

243

98

P 294
P 548

215
137 !

182
177

r

159

186

217
147

' 251

168

255 i

' 296
' 563

182
175

242

261

P 167
272
P 306
•P 184

209

151
135
287
117
178

218

257
220
238
173
242

r

231

p 230

236
' 160

247

154
133
312
112
197
149
161
74
102
193

214
138
•p 239

188
179

145

157

' 227
r
147 1
111 !
' 343

p 240
p 169
143

369

103
179

193

145 '
1

' 155

141
128
249

l

r 214 '

r 158 i

266

164
P 162
61
102
v 196
P 176

135

' 202 i

215

v

P 212
p 251
P 221

231

p i6i

261

T Igl
192
193
P 190
188
Nondurable manufactures
_ __
do ._
188
185
189
190
183
188
' 179
186
184
Alcoholic beverages
do
178
178
188
176
174
171
170
157
150
162
152
151
r
29g
Chemical products
do
306
301
298
299
r
292
297
298
300
294
P 297
29°
' 298
99
Leather and products _
_ _ _ _ ^ d o _._
100
91
89
88
100
107
102
108
105
103
91
81
Leather tanning
do
84
80
78
79
86
90
84
86
90
81 1
92
r 163
Manufactured food products
__
do _
167
163
166
160
160
162 •
165
166
163
160
166
v 163
!
145
Dairy products
do
148
143
140
137
136
137
138
142
146
148
147
148
162
Meat packing
do
i
158
157
168
168
163
162
182
179
165
146
148
147
r
!
139
Processed fruits and vegetables
do
152
103
121
123
128
133
150
146 1
!47
162
' 140 !
»126
r
Revised.
p Preliminary.
^Revisions for Januaryl950-July 1951 based on final data appear on p. 19 of this issue of the SURVEY. Revisions for 1910-49, incorporating changes in methods of estimation and adjustments in production, disposition, and prices, are shown on p. 23 of the December 1951 SURVEY.
cf Seasonal factors for a number of industries were fixed at 100 during 1939-42; data for these industries \ ire shown only in the unadjusted series.




SURVEY OF CURRENT BUSINESS

October 10F">2

Unless otherwise slated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-3
1952

1951

August

September

October

November

December

January

February

March

April

May

June

July

August

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index — Continued
Adjusted d"— Continued
Manufactures — Continued
Nondurable manufactures— Continued
Paper and products,
1935-39=100
Paper and pulp
do
Printing and publishing
__
do .
Tobacco products
do
Minerals
Metals

_ ___

_ _ _ _ _ _

_

do
do

196
189
174
183

197
192
179
177

196
191
177
185

191
187
175
194

184
182
174
147

187
185
175
176

193
189
177
175

192
188
177
174

185
181
175
184

182
175
170
178

181
176
176
189

165
134

167
137

174
144

170
122

163
122

167
125

167
128

164
125

166
141

140
143

147
65

43, 888
22, 007

42, 429
20, 892

45, 180
22 726
10, 770
11, 956
9, 224
2 835

44, 637
22 373
10, 710
11, 663
9 025
2 791

42, 794
20 962

44, 792
22 634
10, 861
11, 773
9 004
2 704

45 866
23 506
11 352
12, 154
8 954
2 773
6,181
13 406
4 611
8 795

43, 431
22, 085
10, 632

45, 748
23 538
11 310
12, 228
8 862
2 787

45, 533
23 247

13, 020
4, 314

6,075

13 348
4 496
8 851

5,779

13, 838
4 931
8 907

44 395
21 902
10 074
11 828
8 493
2 698
5, 795
r
14 000
r 4 887
9 113

71 184
43 168
23, 313
19 855
10 036
5 Oil

71, 186
43, 237
23, 401
19, 836
10, 062

71 002
43 144
23, 595
19 550
9 861
4 955

17 980
8,160

17, 887

71 409
43 402
23, 596
19 805
9 997
5 054
4 943
18 010

9,820

9,812

r

160
154
157
172

188
179
165
186

142
66

p 159
p 142

r

BUSINESS SALES AND INVENTORIES§ t
Business sales (adjusted), total
_ mil. of dol
Manufacturing, total
do
Durable-goods industries
do
Nondurable-goods industries
__
do _
Wholesale trade, total
do
Durable-goods establishments
do
Nondurable-goods establishments
do
Retail trade, totaL ___ __.
_ do
Durable-goods stores
do
Nondurable-goods stores
do
Business inventories, book value, end of month
(adjusted), total 9
mil of dol
Manufacturing, total
do
Durable-goods industries.
do
Nondurable-goods industries
do
Wholesale trade, total
_ - _
do _
Durable-goods establishments ..
do
Nondurable-goods establishments
do _
Retail trade, total 9
_ _ __
do
Durable-goods stores
_
do
Nondurable-goods stores
do

By stages of fabrication:
Purchased materials __
Goods in process _ _ _ _
Finished goods

8,807

11, 197
8, 545

2, 760

2,697

13, 074

5, 848
12, 992
4, 398

6,047

4,387
8,687

8,594

9,745
11,217

13, 230
4, 437

13, 239
4 352

8,887

8, 765
2 642
6,123
13, 067
4,251
8,816

71 345
42, 692
22, 337
20, 355
10, 373
5, 182
5,191
18, 280
8, 385

71 398
43, 039
22, 884
20, 156
10, 266
5, 107
5, 159
18, 093
8,218

6,389

8,793

6,234

6,300

13, 154
4 366

8,788

71, 310
42, 067
21, 542
20, 525
10. 482
5, 278

71 427
42, 437
21, 968
20, 469
10, 445

19, 429
9,154
10, 275

18, 761

5, 197
18, 545

10, 068

8,679
9,866

22, 737
10, 489
12, 248

21, 768
10, 029
11, 739

24 303
11, 509
12, 793

22 360
10 542

11,818

9,963

22 260
10 459

11, 063

11,801

22 416
10 694
11 723

22, 007

20, 892

9,694

22, 726
10 770

1,040
1, 025
1,731
1, 619
536
331
627
543
294
541

1,912
1,044
1,026
1,658
1,425
522
303
562
497
212
532

2,053
1,231
1,038
1,947
1 532
573
334
658
536
239
629

22, 373
10 710
2 065
1, 202
1,047
1 997
1 534
614
345
593
515
237
561

20, 962
9 745
1,889
1,070
999
1, 863
1 295
615
276
537
425
245
531

22 634
10 861
1 964
1 240
1, 064
2 050
1 647
645
264
614
496
284
592

do
do_
do
do
do
do
do
do
do
do __
do __
do-

11. 693

11, 197

632
292
1, 175
910
287
720
711
1,501
2,012
469

509
264
1,067
819
245
689
706
1,441
1, 994
437

11 956
3 252
499
334
1 151
948
251
717
738
1,520
2 101
447

11 663
3 197
484
287
1 082
976
212
679
718
1,490
2 097
440

11 217
3 116
504
281
1 122
950
238
621
668
1 419
1 937
362

do
do
do

41, 122
21, 028
20, 094

41, 480
21, 395
20, 085

41, 894
21, 730
20, 163

42, 316
22, 051
20, 265

43, 056
22, 650
20, 406

Value (adjusted), total _
do
Durable-goods industries, total
do
Primary metals
.
do
Fabricated metal products _
do .
Electrical machinery and equipment-.-do
Machinery, except electricaldo
Motor vehicles and equipment
do
Transportation equipment, n. R. s.
do
Furniture and fixtures
do
Lumber products, except furniture
do
Stone, clay, and glass products
do
Professional and scientific instruments- do
Other industries, including ordnance___do

Inventories, end of month:
Book value (unadjusted), total
Durable-goods industries
Nondurable-goods industries

11, 693

9,694

71, 527
41, 532
21, 121
20, 411
10, 566

MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSf
Sales:
Value (unadjusted) total
mil of dol
Durable-goods industries
do
Nondurable-goods industries _
.
do

Nondurable-goods industries, total
Food and kindred products
_
Beverages
_
_ _ _ _ _
Tobacco manufactures
Textile-mill products
_
Apparel and related products
Leather and leather products
_ _
Paper and allied products
Printing and publishing
_ _ _
Chemicals and allied products.. _ _
Petroleum and coal products _ _ _
Rubber products
_ _ _ _ . -

10,314

5,329
5,237

10,314
2,027

2,984

5,204

8,693

3,027

5,248

9,895

9,875

21 026

71 376
43, 077
23, 110
19 967
10, 238
5, 127
5, 111
18, 061
8,197

5,025

11,453
8,326
2,578
5,748
8,707

5,055
5,007

11, 918
8 448
2 669

4,906

44 484
21 889
9 808
12' 081
8 949
2 817
6. 132
' 13 646
r 4 492
r 9 154

43, 863
22 079
10 622

635
892
348
544
896
858
038
847
733

70 268
43 146
23, 229
19 917
9 838
4 934

10,114

70 448
42 748
22 962
19 786
9 890
4 864
5 026
r 17 810
r 7 467
r 10, 343

70
42
23
19
9
4
5
17
7

11,456

8 393
2 495
5, 898
13 391
4 240
9 151

4,904

8,208
9,802

17 997
7,991
10, 006

23 205
11, 270

11,934

22 950
11 237
11 713

22 478
11 056
11 422

21 653
10 298
11 356

20 079
8 872
11 207

22 875
10 858
12 018

23 506
11 352
2 018
1 205
1,103
2 136
1 645
733
306
678
549
280
701

22, 085
10 632
1 973
1, 126
1,059
1 970
1 599
677
313
576
484
257
597

23 538
11 310
1 994
1 256
1,036
2 079
1 736
746
318
687
472
303
684

23 247
11 328
1 934
1 197
1,069
2 033
1 812
817
336
642
509
297
684

21 902
10 074
1 005
1 085
1,154
1 964
1 815
736
350
597
483
265
619

21 889
9 808
1 144
1 184
1, 106
1 942
1 167
790
377
621
497
302
678

22 079
10 622
1 959
1 108
1,179
1 895
1 314
818
379
612
522
283
551

11 773
3 161
499
318
1 143
997
252
714
760
1 523
1 938
468

12 154
3 382
475
312
1 148
l' 045
270
694
733
1 606
2 047
442

11 453
3 126
530
292
1 093
958
231
651
702
1 515
1 949
406

12 228
3 280
564
318
1 244
1,130
261
633
760
1 573
2 028
437

11 918
3 312
568
311
1 148
1,121
274
630
720
1 566
1 846
424

11 828
3 171
638
310
1 116
1,124
290
625
684
1 495
1 945
430

12 081
3 267
609
325
1 162
1, 174
267
650
704
1 560
1 956
408

11 456
2 995
576
310
1 065
971
271
658
667
1 497
2 039

43, 373
22, 992
20, 381

43, 594
23, 379
20, 215

43, 732
23, 647
20, 084

43, 614
23, 813
19, 801

43, 407
23, 924
19, 483

42, 972
23, 518
19, 454

42, 660
23, 050
19, 610

42, 743
23, 147
19, 596

43, 144

42, 892

42, 748

43, 146

2 432
3, 133

2 344
3,107

9 93 *»

3,062

2 301
3, 030

2,674

2,562
2,202

2,248

9,864

8,075

17 284
7, 293
9,991

_. do .
do
do

_

Book value (adjusted), total
do
41, 532
42, 067
42, 437
42, 692
43, 039
43, 077
43, 237
43, 168
43, 402
00
KQ(\
Durable-goods industries, total
do
22 337
21 121
21 542
22 884
21 968
23 110
23 313
23 401
2 709
2 718
Primary metals
do
2 529
2 638
2 814
2 866
2 QQO
2' 889
Fabricated metal products
._ _ do
2 414
2 409
2 438
2,288
2 332
2 379
2 358
2 372
2 445
Electrical machinery and equipment— do
2, 692
2,714
2, 761
2,799
2,927
2,899
3,074
3,042
3,119
C JCK
Machinery, except electrical
do
4 773
4 889
5 002
5 131
5 292
5 385
5 490
Motor vehicles and equipment
do
2, 492
2,521
2,615
2, 730
2, 733
2,747
2, 683
2,670
2,669
Transportation equipment, n. e. s
do
1,712
1,626 |
1,780
1,897
1,950
2,039
2,124
2,082
2,170
Furniture and fixtures
do
613
584
603
573
549
569
549
561
560
Lumber products, except furniture
do
1,018
1, 007
1,022
1,018
1,069
1, 064
1,064
1,058
1,041
Stone, clay, and glass products
do
843
844
834
819
827
857
903
866
922
Professional and scientific instruments. do
707
722
735
749
757
756
735
757
748
Other industries, including ordnance. _do
1,538
1,560
1,546 !
1, 532
1,551
1,569
1,528
1,504
1,498
T Revised.
* Preliminary.
cf See note marked "<?" on p. S-2.
§The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data for all types of producers,
data for manufacturing are shown below on this page; those for retail and wholesale trade, on pp. S-8, S-9, and S-10.

9 These figures are not yet adjusted to the new retail sales series.




11,328

2,177
566
1,040
926
748
1,466

556
1,030
937
762
1,444

2, 517

555
1, 005
922
757
1, 420

both farm and nonfarm

2, 630
2.315
532
.,025
901
778
1,460

Unadjusted

SURVEY OF CUKRENT BUSINESS

S-4
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 1052
1952

1951

August

September

October

Novem-' December
ber

January

February

March

April

May

June

July

August

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES. INVENTORIES,
AND ORDER Sf— Continued
Inventories, end of month— Continued
Book value (adjusted) — Continued
Nondurable-goods industries, totaL.mil. of doL.
Food and kindred products
do
Beverages
do
Tobacco manufactures. _.
do _ _
Textile-mill products
do
Apparel and related products ._
do. _.
Leather and leather products
do
Paper and allied products
_- do_ _.
Printing and publishing
do
Petroleum and coal products
Rubber products

__do
do

New orders net (unadjusted) total
Durable-foods industries, total
Primary metals
Fabricated metal products
Flectrical machinery and equipment
Machinery except electrical
Transportation equipment, including
vehicles and parts
mil
Other industries, including ordnance
Nondurable-goods industries total
Industries with unfilled orders $
Industries without unfilled orders^

do
do
do
do
do
do
motor
of dol
do
do
do
do

Unfilled orders (unadjusted) total
Durable-goods industries, total
Primary metals
Fabricated metal products
Flectrical machinery and equipment
Machinery except electrical
Transportation eauipment, including
vehicles and parts
mil
Other industries, including ordnance
Nondurable-goods industries total 9

do
do
do
do
do
do
motor
of dol
do
do

20, 411
3,689
1,196
1, 630
3, 483
1,890
680
912
760
2,927
2, 568
677

20, 525
3, 641
1, 250
1,660
3,409
1,882
705
925
764
2,971
2,630
698

20, 469
3, 668
1, 232
1,691
3, 336
1,808
677
930
759
2, 993
2, 630
744

20, 355
3,572
1,247
1,749
3,192
1,828
643
943
780
3,002
2,618
782

20, 156
3, 479
1, 233
1,761
3,045
1,816
613
986
795
2,984
2,600
843

19, 967
3 456
1,229
1,722
2,991
1,779
615
995
786
2 979
2,574
840

19, 855
3 549
1,287
1,694
1,874
1,694
581
1,027
779
2 966
2, 556
848

19, 836
3 556
1,317
1,685
2,772
1,650
587
1, 032
772
2 998
2, 602
865

19, 805
3 522
1,313
1, 693
2,779
1,590
582
1,059
778
2 Q86
2, 628
877

19, 550
3 486
1,321
1,704
2 735
1,543
575
1,039
751
2 973
2,' 544
878

19, 544
3 473
1,296
1,693
2 734
1, 537
558
1,028
741
3 Oil
2^607
864

19, 786
3 485
1,289
1,724
2 764
1,685
554
1,007
715
2 995
2, 683
884

19,917
3 463
1,260
1,720
2,783
1, 795
557
968
725
3 022
2,739

BUSINESS POPULATION
OPERATING BUSINESSES AND BUSINESS
TURN-OVER
Operating businesses, end of quarter, total
C on tract construction
Manufacturing
Service industries
Retail trade
- Wholesale trade
All other

thous..
. do_ ._
do
do
__do. ..
do
.-do. .-

4, 012. 1
379.0
305.3
858.0
1,668.4
207.7
593.7

4,014.0
380 3
304 3
859.6
1,664.0
208.4
597.5

p 4, 046. 8
v 391. 5
p306 1
p856 6
v 1, 668. 0
p210 2
v 605. 3

New businesses quarterly total
Contract construction
Manufacturing
Service industries
Retail trade
Wholesale trade
A 11 other

do
do .__do
do
do
do
do

91.4
14.9
9.2
16. 5
33 7
37
13 4

82.4
12.8
8.8
15.3
29 1
3.9
12 5

122.8
24.2
12.9
2L2
41 6
53
17 6

_ do
do

95.7
13.3
11 8
16 8
39 0
3.5
11.2

80.6
11.6
99
13 7
33.6
3.1
8.8

p89. 9
pl2 9
pll 0
v 15 3
*»37 5
p3. 5
pQ. 8

102.4

83.7

130.2

-

Discontinued businesses quarterly total
Contract construction
Service industries
Retail trade
Wholesale trade
All other

do
do
- do. _ do

- --

Business transfers, quarterly total§

_ do

BUSINESS INCORPORATIONS^
New incorporations (48 States)

number. .

6,496

5,950

6,812

6,289

6,913

8,357

7,138

7,902

8,284

7,915

7,819

7,549

7,108

678
56
89
136
333
64

620
39
84
150
277
70

643
57
85
150
304
47

587
48
68
106
307
58

612
48
71
131
296
66

671
50
68
143
348
62

619
52
70
133
304
60

715
55
72
148
371
69

780
58
93
171
375
83

638
60
75
111
333
59

671
52
78
128
340
73

580
41
48
133
299
59

594
51
58
109
316
60

26,417
1 358
4,290
10, 497
6, 173
4,099

26, 643
782
4,668
14, 908
4,826
1,459

29, 742
2,044
1,937
12, 219
6,707
6,835

17, 567
952
3, 740
6,158
4,369
2,348

19,403
1,874
2,251
6. 515
5, 177
3,586

26, 208
4,249
2,672
8, 365
7,761
3, 161

19,474
1,649
1,935
5,614
6,548
3,728

29, 232
4,563
2.485
13, 046
6,905
2, 233

29, 530
1,744
3,853
12, 633
7,050
4, 250

21, 193
1 219
2,646
10, 217
5,264
1,847

21, 222
1,971
2,990
6,971
7,024
2,266

22, 789
1 466
3, 196
8,882
5,434
3,811

16, 322
1,809
1,816
5,056
5, 255
2,386

INDUSTRIAL AND COMMERCIAL
FAILURESd"
Failures, total
Commercial service
Construction
Manufacturing and mining . _
Retail trade
Wholesale trade -- .Liabilities, total
Oommercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade




-

number. do
do. ..
..do __
- -do
do

--

thous. of dol._
do
.
. do
._
.. . do ...
do
. _ _ _ __do_

SURVEY OF CURRENT BUSINESS

October 1052
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-5

1951
September

August

October

1952

November

December

January

February

March

April

May

June

July

August:

COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS

290

Prices received, all farm products!
1910-14=100..
Crops
do
Food grains
_ _ _..do.
Feed grains and hay
do
Tobacco
_ _
do._ Cotton
do
Fruit
. - ._- ...do
Truck crops
do
Oil-bearing crops
- _
do
Livestock arid products
do
Meat animals _ __ _ _
do._Dairv products
do
Poultry and eggs
.. . .-do. _ ~

292
244
234
215
430
291
207
181
294
336
416
277
231

291
239
233
216
423
283
201
161
288
337
411
283
247

296
247
239
219
445
304
188
171
296
340
410
294
247

301
267
249
224
424
345
172
249
307
332
387
305
249

305
280
253
233
440
339
177
331
309
328
379
314
233

300
277
251
234
431
325
171
337
303
320
376
316
200

289
259
249
230
436
313
168
217
296
3i7
377
317
181

288
265
251
229
435
309
176
265
284
310
372
305
177

290
272
250
229
435
313
179
308
279
306
372
291
180

293
270
245
227
436
303
190
285
280
313
394
281
175

277
238
226
437
319
220
250
289
306
380
277
181

295
276
230
227
436
311
214
287
307
312
376
286
208

295
272
236
233
436
319
206
229
310
316
372
295
22f>

Prices paid:
\11 commodities
1910-14 — 100
Commodities used in living
do
Commodities used in production
...do
All commodities, interest, taxes, and wage rates
191 0-14 = 100-

271
270
273

271
268
275

272
268
277

274
271
277

273
272
275

275
271
278

276
271
281

275
270
280

276
271
280

276
271
281

273
272
273

273
273
273

274
273
274

282

282

283

284

284

287

288

288

289

289

286

286

2S7

Parity ratio9

104

103

ion

106

107

105

100

100

100

101

102

103

103

207.4

209.0

210.3

210.8

210.9

208.9

208.7

209. 7

210.3

210.6

211.8

211. X

215.2
207.3

215. 2
207. 3

215.2
207. 3

215.2
207.3

213.0
207. 3

200.2
205.0

201. 0
205. 5

206. 6
206. 8

208. 1
207. 9

,_doRETAIL PRICES

^

All commodities (U. S. Department of Commerce
index)
..
1935-39 = 100..

208.1

Coal (U. S. Department of Labor indexes):!
Anthracite, chestnut
1935-39=100..
Bituminous, all sizes
. .. . do-._
Consumers' price index (U. S. Dept. of Labor):
A 11 items
19,35-39 = 1 00
Apparel
__
_-do
Food
do
Cereals and bakery
products
__do.
Dairy product 5
do
Fruits and vegetables _ do.
Meats poultry, and
fish
do
Fuel, electricity, and refrigeration
do
Gas and electricity
do
Other fuels
_ _ ._
do.
Housefurnish in^s
do
Rent
do.
Miscellaneous
do

212.3
204. 7

185.5
203. 6
227.0
188.7
205.9
208. 9
275. 0
144.2
97.3
204. 2
210. 8
136. 8
165. 4

186. 6
209. 0
227.3
189.4
206. 4
205. 1
275.6
144.4
97. 3
204.9
211. 1
137.5
166.0

187.4
208.9
229.2
189.4
207.9
210.8
276.6
144. 6
97.4
205.8
210.4
138. 2
166.6

188.6
207.6
231.4
190.2
210.4
223.5
273. 5
144.8
97.4
206.3
210. 8
138. 9
168. 4

189.1
206.8
232.2
190.4
213. 2
236. 5
270. 1
144.9
97. 5
206. 6
210. 2
139. 2
169. 1

189. 1
204. 6
'?32. 4
190.6
215.8
241.4
272.1
145. 0
97. 6
206. 8
209.1
139.7
169. 6

187.9
204.3
227. 5
190.9
217.0
223.5
271.1
145.3
97.9
206. 7
208. 6
140.2
170.2

188.0
203. 5
227.6
191.2
215.7
232. 1
267. 7
145.3
97.9
206. 8
207. 6
140.5
170.7

188.7
202.7
230.0
191.1
212. 6
247.2
266.7
145. 3
98.0
206. 1
206.2
140.8
171.1

189.0
202.3
230. 8
193.8
210.6
253.8
266. 0
144.6
98.2
203. 1
205. 4
141.3
171.4

189.6
202.0
231. 5
193.3
209.8
250. 0
270. 6
144.8
98.4
203. 4
204.4
141.6
172.5

190. 8
201.4
234. 9
194. 4
212. 3
253. 2
270. 4
146. 4
98.3
208.4
204. 2
141.9
173.0

1

191. 1
201. 1
235. 5
194.2
213.8
242.3
277. 3
147.3
99.0
209.0 >
204. 2
142.3
173.2

WHOLESALE PRICE So"
U.S. Department of Labor indexes (revised) :f
All commodities
1947-49—100

113.7

113.4

113.7

113.6

113.5

113.0

112.5

112.3

111.8

111.6

111.2

111.8

112. I

Form products
do
Fruits and vegetables, fresh and dried__do
Grains
do
Livestock and live poultry _
_
do_

110.4

89.4
95. 8
118.2

109.9
92.8
96.6
116.2

111.5
96.1
101. 1
114.5

112. 0
106.9
103. 9
108. 5

111.3
1 17. 4
105. 1
107.5

no. o

107.8
112.6
101.7
106.2

108. 2
123.9
102.0
105.2

108.7
127.3
100.9
106. 6

107.9
128.9
98. 8
108.9

107.2
124.2
95. 4
107.2

110. 2
128. 2
94.9
108. 2

109.9
126.1
96.9
106.4 '

Foods, processed
_ _do _
Cereal and bakery products
do
Dairy products and ice cream
do
Fruits and vegetables, canned and frozen
1947-49=100-Meats, poultry, and
fish
do

111.2
106. 7
107.9

110.9
106. 4
106.1

111.6
106. 8
108. 5

11 1.0
107.8
111. 1

110.7
107.9
113.0

no. i

1 07. 5
113.2

109.5
107. 4
115.1

109.2
107.5
113.3

108. 0
107. 4
112.2

103. 6
107.0
110. 6

108.5
106.7
110.1

110.0
106. 5
113.8

110.5 '
106.4
114.3

103. 4
117.5

104. 7
118.3

105. 6
119.5

106. 1
115.8

106.2
113.6

105.7
113.5

104.8
110.8

104.9
111.0

104. 6
109.4

104.2
112.1

103.5
110.1

103. 9
1 10. 6

105. 3
112.3

114. 9
108. 5
120.4
95.6
70.4
107. 2
107. 4

114. 8
108.7
120.7
95.6
73. 0
107.2
108.0

114.6
108. 8
120. 9
95. 6
71.8
107. 5
108.7

114.5
10-8. 6
120.9
95. 0
65. 2
108. 1
109. 8

114.6
108. 4
120. 8
95. 2
61. 5
108.9
109.9

114.3
106. 7
118.1
94.8
56. 8
109. 4
109.3

114.2
105. 9
117.5
93.4
51.2
109.6
108.7

113.8
105.4
117.0
93. 1
47.3
1 09. f107.9

113.3
104.8
116.8
92.7
42.6
109.8
108.0

113.0
104.3
115.1
92. 2
47.2
11.1.5
107.3

112.fi
104.3
114.9
92.2
52.0
109.9
107.0

112.5
104. 2
114.7
92. 1
49.8
110.7
lOti. 9

112.9
104.0
114.6
92.1
47.5
110.9
106. 8

Commodities other than farm products and
foods
1047-49— 100
Chemicals and allied products
. do
Chemicals, industrial
do
Drugs, Pharmaceuticals, cosmetics ...do
Fats and oils, inedible
do
Fertilizer materials _
-do_
Paint and paint materials
do

121.5
103.6
10«.i. 7

Fuel, power, and lighting materials
do
Coal
do
Electricity _
__ do__
Gas
_ _ - - .. 5 _
do
Petroleum and product '
do
Furniture and other household durables
1947-49=100-Appliances, household
do
Furniture, household
do
Radios, television, and phonographs— do

106.3
107.5
97.4
98.0
110.8

106.7
108. 4
98.0
98.4
110.9

106.8
108.7
98.0
99.2
110.9

106. 9
108.8
98.0
99.2
110.9

107. 4
108. 9
98.0
106. 6
110.8

107.4
108. 8
98.0
106. 6
110.8

107.2
108. 8
98.0
107. 0
110.4

107.4
108.7
99. 1
105. 7
110.6

106. 3
104.9
99.1
106.6
109. 5

106. 0
104. 9
98. 0
104. 2
109. 9

105.9
105.3
98.5
102.0
109.6

106. 0
106. 0
99.1
101.4
109. 4

105.5
106. 5
99.1
101.4
108.3

113.5
107. 7
115. 6
93.2

113.1
108.0
115. 5
92.9

112.8
107.9
115.4
93. 0

112.7
107.9
115. 5
93.0

112.7
108. 2
115. 1
93.0

112.3
108.0
113.6
93.1

112. 4
108.0
113.5
93.1

111.9
107.4
113.4
90.7

112.1
107. 8
113.4
90.7

111.7
107.3
113. 1
90.7

111.6
106.8
112.7
93.8

111.6
100. 8
112.6
93.8

111.6
106.8
112.6
93.8

Hides, skins, and leather products
Footwear
Hides and skins
Leather
_
_ _ _

do
do
do
do

118.0
122.0
113.3
118.7

118.0
121. 9
111.5
120.4

113.6
119.4
109.5
110.1

107.0
118.0
87.6
100.3

105. 1
116.5
81.7
98.7

102.2
115.9
69.7
97.0

99.5
116.1
63.7
89.5

98.0
115.9
59.6
87.6

94.1
113.9
49.7
84.4

94.7
111.1
58.1
84.5

95.9
111.0
59.5
88.9

96. 2
110. 6
61.8
89. 3

96. 5
110.6
63.7 ,
89.3 1

Lumber and wood products _
Lumber

do. _
do

122.3
121.7

121.6
120.9

121.7
121.1

121. 1
120.8

120. 3
120.4

120.1
120.4

120.3
120.6

120.5
120.7

120.9
121.3

120.7
121.1

119.9
120.1

120.2
120.4

120.3 i
120.5

Machinery and motive products
do
Agricultural machinery and equip do
Construction machinery and equip.__do
Electrical machinery and equipment.-do
Motor vehicles_ do -

118.9
120.1
123.7
122.1
112.8

119.4
120.1
123.7
122.1
114. 1

120.2
120.2
123. 6
121.8
116 n

120.5
120.2
123. 8
122.1
116 a

120.7
120.2
124. 0
121. 8
lift K

120.8
121.5
124.6
121.5

122.0
121.8
125.2
121.6
ion n

121.8
121.8
124.9
121.5

121. 6
121.6
124.9
120.9

121.6
121.5
125.3
120.8
1 1 n <7

121.3
121.5
125.4
120.0

121.4
121.5
125.4
119.9

121.4 t
121.5
125. 4
119.9

r

117 1

1 on n

11 n T

Revised.
* Index on old basis for August 1952 is 192.3.
§September 1952 indexes: All farm products, 288; crops, 264; food grains, 240; feed grains and hay, 234; tobacco, 428; cotton, 329; fruit, 200; truck crops, 182; oil-bearing crops 305- livestock
and products, 309; meat animals, 349; dairy products, 307; poultry and eggs, 227.
9Ratip of prices received to prices paid (including interest, taxes, and wage rates).
cfFor actual wholesale prices of individual commodities, see respective commodities.
J.T>^» ,^^^ n~~-.^^
T^, ,3 „,,«,-, ~f _„*„,••! „_,• — „ ~t
(t
:J
j.;_i 1
±:
\ _ _ a _ _ j_
_ V.r>or> T-ir.t-i/->rl n-nA t\-vnn-ncilnr. ^t ^4--,-, ^^^^«^^.^. « ~ ™ » ,
U1~ J « A «
ii_-ui_ f
_•
tRevised series. Indexes
of retail prices of coal1 (for
residential
heating)
reflect use oft new
base
period and expansion of city coverage; comparable
data are available
for various
periods back
to 1913 and will be shown later. Revised wholesale price indexes reflect use of new base period, expansion of commodity coverage, and changes in the classification system, weights, and calculation method; for monthly data beginning January 1947, see pp. 22-24 of the March 1952 SURVEY. Revised monthly data for 1926-46 for "all commodities" and "all commodities, except farm
products and foods" are on p. 24 of the June 1952 issue. It should be noted that the revised wholesale price series does not replace the former index (1926=100) as the official index of primary
market prices prior to January 1952.
yiuu<uy
T




SURVEY OF CURRENT BUSINESS

S-6
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October
1952

1951

Septem-

August

ber

October

Novem-

ber

Decem-

ber

inuary

February

March

April

June

May

July

August

COMMODITY PRICES—Continued
WHOLESALE PRICESc?— Continued
U. S. Department of Labor indexes (revised) :t— Con.
Commodities other than farm prod., etc.— Con.
Metals and metal products
1947-49=100-Heatinf eouipment
do
Iron and steel
do.- ]N on ferrous metals
do
Is! on metallic minerals structural
do
Clav products
do
Concrete products
do
Gypsum products
do.. -

122. 2
114.5
123.1
121.6
113.6
121.4
112.4
117.4

122.1
114 5
123. 1
122 0
113 6
121.4
112.4
117.4

122.4
114 6
123. 1
1?4 0
113 6
121 4
112.4
117.4

122.5
114 4
123. 1
124 1
113 6
121 4
112.4
117.7

12° 5
114 5
19,3 1
124 9
119 g
121 4
112 4
117.7

122.4
114 0
193 1
1°4 2
119 q
121 4
112 4
117.7

122.6
114 0
123 2
195 0
112 9
191 4
112 4
117 7

122.6
114 0
123 2
124 9
119 9
191 4
112 4
117 7

122.5
113 9
123 0
124 8
112 8
121 3
112 4
117 7

121.8
113 7
192 8
192 0
112 9
191 4
112 4
117 7

121.1
113 5
122 4
190 0
113 8
121 4
112 4
117 7

121.9
113
6
192 3
124 0
1 13 8
1219 3
II 4
117 7

123.8
113 6
127 0
123 6
113 8
121 3
119 4
117 7

Pulp paper and allied products
do
Paper
do
Rubber and products _ _ _ . . . .
... -_ do .
Tires and tubes
do
Textile products and apparel
.
_.do . .
Apparel
do - .
Cotton products
do
Silk products
do
Synthetic textiles
do
Wool products
do_

119.5
119.8
1 44. 3
133. 9
108. 5
104. 5
106. 9
112 3
94.0
140.0

119.4
121.5
144.7
133 9
105. 9
104. 1
102.5
117 9
92 9
129.8

118 8
122.1
144.7
133 9
103. 9
103.3
100 8
122 5
91 5
120.8

118 4
122.4
144. 6
133 9
103. 9
102 3
102 3
123 °
91 5
129 0

11« 4
122 4
144 3
133 4
104.0
102 1
103 3
"125 3

2
8
1
4
3
7
8
0
4
0

118
3
193 7
143 1
133 4
102 1
101 7
101 0
130 9
89 9
114 4

117
123
142
133
100
101
99
1°9
87
111

117
123
140
1^3
99
101
9S
198

120 3

118
129
144
133
103
101
10°
1°6
°1
118

116
194
133
130
99
100
95
129
88
112

115
123
130
129
98
99
96
134
89
113

115
124
128
126
99
99
97
139
90
11°

Tobacco mfrs and bottled beverages
Beverages alcoholic
Cigarettes

107.8
105. 8
105. 7

107. S
105.8
105.7

107. 5
105 8
105. 7

107 5
105 9
105 0

108 1
105 9
105 0

108 1
105 9
105 0

no 8

1 11 2
105 0

110 8

46.0
f 3. 9
44.1

46.1
53.6
44.0

46.0
53. 4
43. 6

46.0
53 0
43.2

46.0
59 9
43. 1

46 3
f-2 9
43 0

46 5
53 2
44 o

do
do
do_ _

<n 7

109 2
110 8
1112
105 0

110 8
111 9
105 0

no 8

110 8
111 °
105 7

110 8
111 2
105 7

46 7
53 0
43 5

46 8
59 9
43 3

47 0
59 7
43 2

46 7

46 6

43 9

4*6

42 5

2 109

9 345

9 e;4i

9 778

9 980

r 3 Qp,9

3 199

1 464
676
600
03

1 616
799
710

1 690
849
7C'>0
87

1 811

1 925
979
860
104

1 995
1 093
905
101

9 Q40
1 04H
930
100

407
209

397
201
74
323
992

386
194
73
136
313

392
188
157
333

408
185
93
171
359

412
180
07
180
371

420
181
98
183
381

7°9
59
301
122
115
65
67

851

967

1 055

r 1 Qfi7

334
135
175

351
150
250
77
84

370
153
310
81
86

r 379

1 089
54
380
152
335
79
89

1119

105 0

4
5
6
0
9
2
6
4

9
5
4
0
3
8
2
8
8
7

7
2
4
5
0
3
4
8
6
8

116
123
140
133
99
IPO
97
128
86
111

7
8
0
4
0
6
6
1
3
8

111 2
1 On' 0

3
8
0
6
9
5
1
7
9
9

6
0
3
3
9
4
6
3
5
9

PURCHASING POWER OF THE DOLLAR
A s measured byWholesale prices f
Consumers' prices
Retail food prices

1935-39=100..
do
- - do

-

46 5
^3 9

")9 4

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY 9
New construction tot<?l

mil of dol

Private, total
. _
do
Residential (nonfarm)
do
New dwelling units
do
\dditions and alterations
do
Nonresidential building, except farm and public
utility, total
mil. of dol. .
Industrial
- _.-do
Commercial
do
Farm construction
_
_ ..do . _
Public utility
do
Public, total
__
Residential
Nonresidential building
Military and naval _
Highway
Conservation and development
Other tvpes
- .

-do
do
do
..do
. do
do
- -do ....

2, 942

2, 934

2 893

9 6(10

2 394

9 K-3

1.971
956
847
92

1,955
958
S49
93

1,908
963
858
91

MIS

1 5 18

930
^.32
S4

1 , 674
S40
760
66

465
204
108
194
350

460
210
101
179
352

410
205
95
148
351

425
200
90
126
331

415
200
<j9
MO
303

415
209
*3
110
967

971
56
324
108
314
77
92

979
63
319
129
303
77
88

9S5
f>6
318
147
293

S49
6X
300
13ii
1*7

720
f'f,
2S9
MO

675
f;5
282
1J3
90

75

7°
6f i

78
83

79()

6"0

113
263
0389
6
268
105
90
56

63

76

922
810
99

53

155
320
80
87

CONTRACT A W A R D S
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
46 319
42 435
To^Jil projects
number
Total valuation
thous. of dol 1 , 262, 81 1 1 , 082. 855 1 051 419
486,452
317,731
Public ownership
_ _
_ _ _ _ _
do
306, 604
776, 359
765, 124
744,815
Private ownership
do
Nonresidential buildings:
Projects
_ _ ._
number
Floor area
thous. of sq. f t . .
Valuation
thous. of dol_.
Residential buildings:
Projects
number
Floor area
_ _ _
_ thous. of sn. ft
Valuation
thous. of dol
Public works:
Projects
number
Valuation
thous of dol
Utilities:
Projects
number
Valuation thous of dol
Value of contract awards (F. R. indexes) :f
Total unadjusted
1947-49-100
Residential, unadjusted _ _ _ _
do
Total adjusted
do
Residential, adjusted
do
Engineering construction:
Contract awards (ENR)§

2S 832
3°3
768 1 . 234, 339
502 416
736
731,923
032

°«1 8-12
902 091
296, 897
605,194

4 5 04 1
50 007
"»3 767
885' 9Q6 1 39l' 9vj 1 597 517
554 050
338 662
636 357
767, 20 1
961, 160
546, 544

50 845
{'•3 709
1 563 660 1 488 850 1 511 2^5 1 438 7° 5
557 803 ' 559 1 40
618 737 ' H;Q] ' 9fj£
929,710
1,005,857
892. 548
937, 467

4,170
36, 700
475, 957

4. 558
36, 273
404, 462

4, 775
34, 782
418.203

3,618
27, 611
327. 706

3, 2^2
43,016
5<tt. 007

3 395
24, 868
357, 676

3 479
24.941
301, 404

4 311
33, 345
463. 276

4 449
39, 343
562, 256

5 088
37, 346
462, 863

5 029
41,725
551,500

5 4As
40. 979
562, 686

5 196
38,912
519, 940

39, 864
60. 372
567, 566

35, 789
52, 438
479, 716

36, 1 5'J
52. 454
496, 247

31. 162
47, 248
443, 8S4

24, 204
37. 9S5
346, 104

27 3SO
37, 4°3
337 791

99 06°
45 380
396 438

38 860
C.5 429
592 717

43 447
73 ^47
6M 6 1 4

55 759
89' 579
753' 755

43 Ol^
69 I7fi
581 799

43 465
B j 003
608 0~S

A
\ 94 3
(r") 863
697 '"06

1 , 927
1 60, 368

1.756
141,335

1 , 457
101 903

1,233
117,809

1 , 06 I
138 859

840
130 814

930
194 885

1 4°9
193 714

1 814
241 740

9 9f,a
9ig 6°8

945 969

9 6^0
943 4- "8

9()8 8S7

358
58, 920

332
57, 342

351
35, 066

310
42, 369

•jp<>
156. W9

297
75 880

296
69 479

441
71 547

387
111 907

509
]9~ 4] 4

545
]()Q 5«q

46 '!
97 063

163
175
156
176

149
169
147
168

134
156
140
160

141
141
1 56
146

134
1 24
1 66
145

132
118
161
142

136
145
156
163

166
183
164
174

196
229
171
189

9Q3
991

200
213
179
193

thous. of dol. _ 1,145,715

Highway concrete pavement contract awards:Q
Total
thous. of sq. yd_.
Airports
do
Roads
do
Streets and allevs
do

36
931
323.
608,

4, 508
714
1,436
2, 358

917, 158 1,026.973 1, 024, 775

4,342
458
1,681
2,202

2, 856
275
803
1.777

S29, 173 1. 196, 798

168
186

194
199

4 fin

184
197

1 7fi

196

198

788, 429 1,042,851 1,180,340 1 , 433, 642 1,140,654 2. 310. 504 2,210,600

3, 757
' 4,159
3, 487
5,4.11
3, 723
6,702
5,386
1
497
691
413
671
879
791
°38
9
1
1.814
2, 197
3
89
2 901
1,497
988
3
128
1
1. 549
1, 271
9. 783
1.369
1.695
2. 248
1. 856
T
Revised.
* Data include some contracts awarded in prior months but not reported.
cfFor actual wholesale prices of individual commodities, see respective commodities.
|See note marked "f on p. S-5.
fRevised series. Purchasing-power data are based on revised price indexes shown on p. S-5; for revisions through 1951, see p. 24 of the June 1952 SURVEY.
reflect use of new base period; revisions prior to 1951 will be shown later.
9 Revisions for January-March 1951 are shown at bottom of p. S-4 of the June 1952 SURVEY; revisions for 1947-50 will be shown later.
§Data for August and November 1951 and January, May, and July 1952 are for 5 weeks; other months, 4 weeks.
©Data for August and November 1951 and January, May, and July 1952 are for 5 weeks; other months, 4 weeks.




r

9 Q ! ()

7, 047
843
3 401
9. 80.3

6, 587
729
9 657
2 901

Indexes of contract

6, 081
o AH9
9 Q=;Q

October 1952

SURVEY OF CUKEENT BUSINESS

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Surrey

Septem-

S-7

1951
August

October

1952

November

December

January

February

March

May

April

June

July

August

CONSTRUCTION AND REAL ESTATE—Continued
NEW DWELLING UNITS AND URBAN
BUILDING
New permanent nonfarm dwelling units started
(U. S Department of Labor)
_ .. number _
Urban building authorized (U. S. Dept. of Labor) :
New urban dwelling units, total
number.
Privately financed, total
do
Units in 1-family structures
_do
Units in 2-family structures
do
Units in multifamily structures .
do
Publicly financed, total
do
Indexes of urban building authorizedrt
Number of new dwelling units.. ..1947-49= 100. _
Valuation of building total
do
New residential building
do
New nonresidential building
do
Additions, alterations, and repairs
.do

T

r

89,100

96, 400

90,000

74,500

60,800

64,900

77,700

103,900

106, 200

103, 500

104,000

199,000

48,002
47, 182
38,036
2,669
6,477
820

51,607
50, 491
40, 370
2,995
7,126
1,116

43, 180
42, 187
35, 580
2,489
4,118
993

34,989
32, 681
27, 781
1,766
3, 134
2,308

27, 807
26, 782
21,224
1,700
3,858
1,025

37, 493
34, 374
28, 376
2,386
3,612
3,119

45, 676
43, 163
34, 978
3,017
5,168
2,513

57, 937
49, 845
40, 139
3 469
6,237
8,092

64,867
56, 241
45, 938
3 558
6 745
8,626

61, 364
53 300
43, 572
3 532
6 196
8,064

54, 792
48 567
40, 916
3,018
4,633
6,225

51,974
60, 432
41, 754
2,828
5,850
1,542

49, 172
47,754
38, 793
3,288
5,673
1,418

106.9
141.2
137. 8
151. 4
131. 6

114.1
149.9
155.6
153. 5
120.2

94.4
117.8
121.8
110.0
120.9

76.5
96.6
97.6
100.3
84.6

61.3
77.0
75.3
80.5
75.5

82.1
91.8
99.7
80.8
87.8

100.9
107.5
126.2
81.4
97.4

130.1
140 7
166.1
110.3
115.1

142.5
152 3
183.8
115.6
118.6

129.5
147 0
171 2
113.5
133.2

121.8
157 0
161.7
152.7
149.4

r
r

116. 0
145. 6
* 150. 9
'
139. 9
r
138. 7

108.0
133 1
139 1
127.1
123.9

116.3

117.0
374

117.5

117.6

117.5
374

118.2

118.1

118.4
374

118.9

119.6

120.8
383

r

122. 0

122.6

535
561
545
495
530
378

536
561
546
495
532
377

538
562
548
495
532
379

538
562
548
494
532
378

539
573
548
494
533
380

542
581
549
497
535
380

543
581
550
497
535
378

544
582
551
498
537
378

545
582
552
499
541
379

548
584
554
504
543
381

550
588
554
504
544
382

555
600
554
513
549
391

558
602
555
513
549
393

233.5
234.8
244.4

234.2
235.6
245.7

235.1
236.4
246.8

235.1
236.4
246.9

235.9
237.2
246.9

237.0
237.9
248.0

236.7
237.4
247.8

237.2
237 7
248 0

238.3
238.5
248 9

239.4
239 2
249 5

242.1
241.3
251 9

243. 5
242.9
252 7

245.3
244.5
253 8

235.5
235.2
240.4
248.0
220.5

236.1
235. 8
241.5
249.7
221.0

236.8
236.5
242.5
251.1
221.5

236.9
236.5
242.5
251.1
221.5

237.7
237.0
242.7
250.5
221.9

239.2
238.0
243.8
251.9
222.6

239.0
237.9
243.7
251. 5
222.4

239.7
238 3
244 0
251 5
222 7

241.0
239.3
245 1
252.1
223 3

242.2
240.7
245 8
252 8
226 1

245.3
243.4
247 8
255.8
226 4

246.8
245. 7
248 8
256. 4
229 5

248.6
247.5
249 8
257. 0
231 2

244.8
242.8

246.1
244.3

247.3
245.6

247.3
245.7

247.3
245.4

248.5
246.5

248 3
246.2

248 5
246 2

249 4
246.9

250 0
247 4

252 5
249 8

253 3
250 4

254 2
251 1

118.4
119.9

119.3
120.6

119.6
120.8

120.0
120.9

120.0
120.9

120.1
121.3

120.5
121.5

120 6
122 3

121.3
123 0

122.0
124 0

122.6
126 0

124.9
128 9

125.6
129 5

r
r
r
r

r

109, 600

CONSTRUCTION COST INDEXES
Department of Commerce compositet- 1947-49 =100..
Aberthaw (industrial building)
1914=100
American Appraisal Co.:
Average, 30 cities
. ..1913=100..
Atlanta
do
New York
do
San Francisco
do
St Louis
do
Associated General Contractors (all types)
do
E. H. Boeckh and Associates, Inc.:
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete. .U. S. avg. 1926-29= 100. .
Brick and steel
do
Brick and wood
do
Commercial and factory buildings:
Brick and concrete...
...do
Brick and steel
_
do
Brick and wood
__do __
Frame
do
Steel
- do
Hesidences:
Brick
do
Frame
..
do
Engineering News-Recorded1
Building
..
.. .1947-49=100..
Construction
'
do
Bu. of Public Roads—Highway construction:
Composite standard mile
1925-29=100

166.7

164.8

169 1

r

171 8

CONSTRUCTION MATERIALS
Production of selected construction materials, index:
Unadjusted
__1939=100_.
Adjusted
do

176.4
155.8

163.5
152.1

178.0
160.6

157.3
158.7

134.6
152.3

139.8
163.7

140.0
169.7

150 8
159 6

156.9
157 8

157.6
149 0

153, 744
317, 047

131,485
271, 148

144, 596
296, 748

140, 528
308, 639

124, 701
267, 958

159,063
301, 276

125,363
242, 103

123, 807
235, 651

125, 629
244, 042

127,751
202 758

r
r

149. 9
140 1

P 149.0
v 140 0

REAL ESTATE
Home mortgages insured or guaranteed by—
Fed. Hous. Adm.: New premium paying
thous. of dol__
Vet. Adm.: Principal amount
__do_.
Federal Home Loan Banks, outstanding advances
to member institutions
mil. of dol__
New mortgage loans of all savings and loan associations estimated total
thous. of dol
By purpose of loan:
Home construction
do
Home purchase _
_do
Refinancing
do
Repairs and reconditioning .__
do

134, 248
195 987

147, 208
189, 189

147,057
202, 746

752

747

760

781

806

665

612

589

581

591

653

656

687

486, 435

439, 398

486, 999

430, 482

404, 033

400, 443

427 835

514 098

549 140

586 035

586 842

595 994

617 431

149, 788
224, 819
42, 184
18,917
50, 727

139, 951
200, 025
36, 551
17, 571
45, 300

154, 763
220, 506
42, 794
18, 558
50, 378

128, 665
202, 159
37, 920
14, 785
46, 953

125, 287
182, 710
37, 322
12, 895
45, 819

115, 168
183, 733
37, 906
15, 033
48, 603

131,487
185, 920
43, 397
15, 567
51, 464

171 907
213, 723
49 104
18, 959
60 405

182 636
238, 587
49, 446
21, 797
56 674

197 525
251 884
50 076
24, 452
62 098

191 812
257 069
49 595
24, 238
64 128

190, 039
264, 692
53,014
25, 065
63 184

199 720
279, 192
50 850
24, 625
63 044

All other purposes
do
New nonfarm mortgages recorded ($20.000 and
under) estimated total
thous. of dol 1, 448, 967 1, 308, 421 1, 483, 786 1, 366, 073 1, 308, 151 1, 298, 254 1, 270, 908 1 393,317 1,482 161 1,511 4«8 1 512 734 1, 590, 319 1, 597, 783
11.6
11.0
12.0
11.5
10.8
11. 1
Nonfarm foreclosures, adjusted index 1935-39=100.
11.6
11.7
11.3
12.1
11.1
60, 064
53, 398
54, 660
55, 416
68, 206
74, 155
69, 925
Fire losses
thous. of dol. ,
72,254
56,462
67, 380
62 354
58 585
61, 675

DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, adjusted:
411
'419
435
453
429
427
447
Combined index
1935-39=100
438
439
436
445
433
456
379
403
347
369
Magazines _
do
376
357
379
371
404
362
403
388
369
304
319
307
317
304
293
Newspapers
_
_
__do
304
294
300
329
327
310
310
340
314
341
352
362
347
346
401
362
Outdoor
_
do
372
359
354
386
239
257
258
244
253
269
Radio
_
do__
253
248
247
241
236
226
254
107.2
132.1
117.2
111. 2
144.5
127. 7
153.2
154.1
114.2
Tide advertising index, unadjusted!-- 194 7-49 =100. .
144.9
115.6
141.3
140.8
Radio advertising:
r
r
11, 789
Cost of facilities, total
thous. of dol
11, 849
14, 948
14, 377
14, 619
14, 520
13, 561
10,937
12 972
14, 520
13, 948
9,555
13, 970
299
339
464
407
276
Automotive, incl. accessories
do__
256
377
345
256
329
319
196
370
3,085
3,991
3,699
3,993
3,691
Drugs and toiletries
do
3,060
3,751
3,949
3 612
3,847
3,006
3 885
2 655
274
224
143
153
204
Electric household equipment
do...
266
147
204
251
171
340
316
153
298
315
359
278
307
326
353
343
367
Financial
do
348
356
365
338
r
3,310
3,792
Foods, soft drinks, confectionery
.do..
3,240
4,170
4,127
3,862
3,802
2,971
4,090
3,917
3,233
3,734
2, 604
402
440
459
445
512
475
447
431
434
493
452
Gasoline and oil
do
424
381
1,204
1,275
1,482
1,631
1,546
1,432
1,592
1,624
1,660
1,250
Soap, cleansers, etc .
do..
1,079
1,558
1,698
r
1,841
1,772
1,331
1,269
1,794
1,632
1,596
Smoking materials
do
1,855
1,590
Ir416
700
776
1 546
1,793
2,102
1,726
1,747
1,848
1,893
2,145
1,659
1,569
All others
._do
1,781
1,801
1,263
1.795
r
Revised.
*> Preliminary.
1 Data for September 1952, * 98,000.
t Revised series. Indexes of urban building and construction costs (Dept. of Commerce and ENR) reflect use of
new base period; revisions prior to February 1951 for urban building and prior to August 1951 for Engineering News-Record indexes will be published later. Revised indexes (Dept. of Commerce composite) for 1915-38 (annual) and 1939-51 (monthly) are shown on p. 24 of the August issue of the SURVEY. The Tide advertising index (covering national advertising only) has been
completely revised to incorporate new base period and other major changes, including addition of data for network television; figures back to 1940 will be available later.
cfData reported
at the beginning of each month are shown here for the previous month.




SUBVEY OF CURRENT BUSINESS

S-8
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 1952

1951
August

September

October

1952

November

December

January

February

March

April

May

June

July

August

DOMESTIC TRADE—Continued
ADVERTISING—Continued
Magazine advertising^
Cost total
thous. of dol
Apparel and accessories
_
__do
Automotive, inch accessories
do
Building materials
do
Drugs and toiletries
do
Foods soft drinks confectionery
do
Beer wine, liquors
_.do

' 36, 162

'r 3, 495
3, 414
' 1, 398
* 4, 575
' 5, 277
' 1, 951

54, 268
6,681
4,154
3,136
6,024
6,617
2,451

61, 987
5,635
4,587
2,962
6,963
8,929
3,118

55, 520
4,232
3,635
1,937
6,674
7,881
3,254

46, 113
3,333
2,985
865
5,698
6,247
4,443

31,904
1,673
2,476
1,208
4,543
4,692
1,590

44, 629
3,108
2,878
1,919
6,107
7,147
2,290

60, 247
5,420
5,095
3,054
7,065
7,854
2,851

59, 648
5,029
4,999
3,683
6,469
7,150
2,477

60,016
4,735
5,237
3,296
6,166
6,742
2,619

51, 515
3,119
4,925
2,842
7,051
7,660
2,331

35 240
862
3,702
1,388
5,816
5 695
1,977

38 442
3 588
3,671
1 549
5 456
5 472
1 672

' 1, 671
1,007
' 2, 324
'957
'1 1, 142
8, 952

3,952
3,368
3,240
1,185
1,341
12, 119

4,713
4,302
3,704
1,612
1,235
14, 229

3,839
3,506
3,309
1,361
1,170
14,722

3,136
2,099
2,891
854
1,532
12,028

762
1,176
2,372
736
1,088
9,588

2,167
1,521
2,887
971
1,209
12, 424

3,970
2,709
3,769
1,356
1,357
15, 748

4,401
3,644
3,872
1,466
1,259
15, 199

5,004
3,867
4,016
1,376
1,395
15, 564

3,407
1,788
3,572
941
1, 566
12, 311

1,646
579
2,643
745
1,198
8,989

1 375
979
2,861
774
1,398
9,648

- --thous. of lines..

3,934

4,845

4,849

4,129

3,346

3,466

3,985

4,855

4,468

4,093

3, 213

3,133

3,960

do
do _ _ _
do _
do
do__ _
do
do

192, 528
50, 887
141, 640
9,574
1,852
23, 364
106. 851

211, 499
51, 465
160, 033
7,889
2,234
30, 318
119, 592

228, 673
51, 844
176, 829
9,811
2,732
37, 983
126, 303

230, 083
47, 780
182, ?04
9, 519
2,417
34, 510
135, 858

214,041
42, 998
171,043
6,559
2, 526
25, 044
136, 915

178, 077
46, 345
131, 731
8,208
3,663
21, 020
98, 840

184, 640
46, 621
138, 019
7,889
2,282
25, 749
102, 100

213, 228
52, 943
160, 285
8,553
2,756
30, 203
118, 773

218, 407
52, 790
165, 617
9,565
3, 133
31, 742
121, 177

225,606
56, 670
168, 936
10, 457
2,684
33, 444
122, 352

209, 251
52, 744
156, 506
10,288
2, 762
31,251
112, 204

175, 447
47, 979
127, 468
7,351
3,046
25, 674
91, 398

186, 555
52, 741
133 814
7,781
1,894
22 061
102, 077

thousands
thous. of dol_ _

6,485
118, 392

6,333
114, 593

7,168
126, 545

6,878
121, 892

7,271
124, 214

7,268
130,038

6,948
124, 086

8,025
147, 902

7,255
132, 616

6,719
123, 981

6,511
122, 134

6,242
119, 289

6 174
119, 935

' 13. 814 r 13, 396
' 5, 122
' 4, 627
T
2, 757
2, 374

13. 556
4,451
2,110

Household equipment and supplies
__do
Household furnishings
do
Industrial materials
- -_do
Soaps, cleansers, etc
do
Smoking materials
do
All other
do._ .
Linage total

-

Newspaper advertising:
Linage, total (52 cities)
Classified
Display total
Automotive
Financial
General
Retail
POSTAL BUSINESS
Money orders, issued (50 cities) :
Domestic:
Number
Value

PERSONAL CONSUMPTION
EXPENDITURES
Seasonally adjusted quarterly totals at annual rates: J

206.4

210.5

213.2

214.9

25.3
9.5
11.6
4.3

25.2
9.6
11 3
4.3

26.4
11.3
10 8
4.3

do

25.5
9.9
11.5
4.1

Nondurable*
goods to^al
Clothin°r and shoes
Food and alcoholic beverages
Gasoline and oil
Semidurable housefurnishings
Tobacco
Other nondurable goods

do
do
do
do
do
do
do

113.2
20.0
69.5
5.2
2.1
4.7
11.7

116. 2
20.7
70. 4
5.
6
0
0
4.9
12.5

IIS 0
20.6
71 S
5.9
2 0
5 2
12 5

117 8
20.0
79 3
60
20
51
1° 4

Services
Household operation

do
do

67.6
10.1
22.0
4.1
4.3
5. 5
21.6

f>9. 0
10.0

70 0
10 7
22 9
4.2
41
59
22 3

70 S
10 9
23 9
4.2
41
58
22 5

Durable goods total
Automobiles and parts

do
do

Other durable goods

Personal services
Recreation

do
do

Other services

do

oo /j

4.1
4.0
5. 7
22.0

RETAIL TRADE
All retail stores :f
Estimated sales (unadjusted), total___nul. of dol__
Durable-goods stores
do
Automotive group
do
Motor- vehicle, other automotive dealers
mil. of doL _
Tire, battery, accessory dealers
do
Furniture and appliance group
do
Furniture, homefurmshings stores
do
Household-appliance, radio stores
do
Jewelry stores
do
Lumber, building, hardware group
do
Lumber, building-materials dealers.- do
Hardware stores
do
Nondurable-goods stores
do
Apparel group _
_
do
Men's and boys' wear stores
do
Women's apparel, accessory stores _.do _
Family and other apparel stores
do
Shoe stores
do
Drug and proprietary stores
do
Eating and drinking places
do

13, 208
4, 734
2, 515

13,103

4, 49.5
2, 337

13,858
4,746
2, 363

13, 391
4, 235
2,037

15, 375
4, 543
1,961

11,844
3, 793
1,974

11, 744
3, 867
2,020

12,736
4,139
2,180

13,396
4, 573
2,372

14, 350
5, 224
2 826

2, 360
155
727
458
269
96
890
666
224

2,182
1.55
709
428
280
92
848
621
226

2,190
172
793
466
327
110
923
678
245

1,880
157
789
454
334
125
799
562
236

1,778
183
921
515
405
319
784
493
291

1,840
134
635
362
273
87
633
467
166

1,899
121
618
352
266
80
673
503
170

2,048
132
629
373
256
82
742
552
190

2, 219
154
647
392
255
90
869
640
229

2,647
179
738
456
282
117
941
697
244

2, 582
175
' 740
442
••294
108
939
706
233

' 2, 200
' 174
'713
'419
'294
95
'923
'709
'214

1,941
169
766
489
278
105
940
723
217

8,534
733
167
296
136
134
382
1,131

8,608

9,111
930
217
380
190
143
388
1, 104

9,156
989
258
385
210
137
372
1, 031

10,832
1,380
381
512
311
176
490
1,047

8,050
692
169
286
140
97
366
958

7,877
610
140
262
117
91
383
946

8, 596
779
165
336
152
126
379
1,002

8,823
910
186
380
180
164
370
992

9,126
871
192
352
172
154
386
1,059

8,692
832
198
308
178
148

' 8, 769

9,105

887
193
358
175
162
370
1,099

380
1,064

'700
161
'274
'142
'124
'388
' 1, 130

768
157
314
167
129
396
1,134

3, 164
3, 220
3,228
3. 418
3,175
3,120
3, 026
' 3, 397
3,529
3,248
3,419
3, 083
3, 253
Food group
do
2,644
2, 548
2,736
2,572
2, 539
2,577
2,489
2,601
2,792
' 2, 764
2, 876
2,467
2,627
Grocery stores
._
_._do
847
'905
934
784
816
787
781
834
776
726
806
716
762
Gasoline service stations
do
1,444
1,457
1, 664
1, 798
2, 515
1,164
1, 531
' 1, 269
1,467
1,468
1,324
1,190
1, 400
General-merchandise group _
do _ _
784
914
993
1, 358
808
667
652
815
816
616
730
871
771
Department stores, excl. mail-order _ _ do
104
'86
131
156
155
98
99
94
103
102
93
94
90
Mail-order (catalog sales)
do
224
'212
236
245
257
486
244
221
221
174
240
191
214
Variety stores
do
314
'304
333
374
392
325
517
309
305
286
274
263
330
Other general-merchandise stores
do _
'254
266
235
268
343
347
241
247
225
234
246
210
240
Liquor stores
do
r
Revised.
JUnpublished revisions for magazine advertising for January, February, March, and October 1950 and January and February 1951 are available upon request, Estimates of personal
as a component of gross
consumption expenditures have been revised beginning 1949; revised figures for the grand total and for total durable and nondurable goods and services are shown a;
national product on p. 29 of the July 1952 SURVEY; revised figures through the first quarter of 1951 for the subgroups will be shown later.
fRevised series. Beginning with the September 1952 SURVEY, retail sales data have been replaced by a new series based on new sampling procedures developed by the Bureau of the Census.
The new estimates begin with January 1951; see pp. 16 ff. of the September 1952 SURVEY for figures covering the entire year 1951 for both the new and old series and for discussion of the new
data.




SURVEY OF CUREENT BUSINESS

October 1!)."2

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-9
1952

1951
August

September

October

November

December

January

Fe

^~

March

April

May

June

July

August

DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
All retail stores — Continued
Estimated sales (adjusted), totalf
mil. of dol.
Durable-goods stores
do

13,074
4, 387

2. 1 18
138
685
419
266

1 2. 992
4. 398
9 274
2, 1 20
1 54
69^
412
287

13,230
4, 437
9 309
2. 1 58
151

13, 239
4, 352
2 230
2. 075
155

417
285

112
807
590
237

113
790
564
226

do
do
do
do
do.
do
do__ .
do

8. 087
853

8, 594
837

383

381

1, OSS

Food group
do
Grocery stores
do
Gasoline service stations
- . do_ .
General-merchandise group
do
Department stores, excl. mail-order. _do
Mail-order (catalog sales)
-do
Variety stores
do __
Other general-merchandise stores . .. _ do.
Liquor stores
-. - .- -- do

3.167
2. 557

Motor-vehicle, other automotive dealers. do
Tire, battery, accessory dealers
do
Furniture and appliance group _
do
Furniture, homefurnishings stores
do
Household-appliance, radio stores
do
Jewelry stores _ _ _ __ do....
Lumber, building, hardware group
do
Lumber, building-materials dealers- -do
Hardware stores
- -_
do_.
Nondurable-goods stores
Apparel group
TVT en's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
Drug and proprietary stores. _.. . _ . _
Eating and drinking places

Estimated inventories:^
Unadjusted total
Durable-goods stores
Nondurable-goods stores

do
o"o
do

\diu q ted total
do
Dura,ble-goods stores
- . . do
Automotive group
_
- - do_ . .
Furniture and appliance group
do
Jewelrv stores
do
Lumber, building, hardware groop__.do
Other durable-goods stores
do
Nondurable-goods stores
Apparel group
_... _ -- Dru0" and proprietary stores
Food group
General-merchandise group .
Other nondurable-goods stores

do
do
do
do
do __
do

Firms with 11 or more stores :f
Estimated sales (unadjusted) total
do
Apparel group
do. _
Men's and boys' wear stores .. ._ __ do. _ .
Women's apparel accessory stores
do_ _
Shoe stores
_ - - do
Drug and proprietary stores
do
Fating and drinking places
do. _ _
Furniture, homefurnishings stores
do
General-merchandise group
_ do
Department stores
do
Dry-goods, other g e n e r a l - m e r c h a n d i s e
stores
_.mil. ofdol__
Variety stores
do
Grocery stores
do. _
Lumber, building-materials dealers. .
do
Tire battery accessory stores
do
Estimated sales (adjusted) total
do
4pparel group
- -~ -do
Men's and bovs' wear stores
do
Women's apparel, accessory stores
do _
Shoe stores
do
Drug and proprietary stores
do
Fating and drinking places
- - - _.do
Furniture, homefurnishings stores
do
General-merchandise group
do
Department stores
do
Dry-goods, other g e n e r a l - m e r c h a n d i s e
stores
mil. of dol
Variety stores
do
Grocery stores
do
Lumber building-materials dealers
do
Tiro bnftorv a PP.P.SSOFV stores
.. _do

2 °<sr.

422
305

13,067
4, 251
2 143
1,992
151
705
419
286

13. 154
4. 36C
2 134
1,968
166
746
436
310

13,406
4,611
2 313
2,147
166
741
430
310

13, 020
4,314
2 099
1,938
161
714
423
291

13, 348
4,496
2 304
2,148
156
685
412
274

13, 838
4. 931
9 572
2,505
1.66
726
433
294

116
794
570
224

121
773
548
225

117
780
554
226

119
813
591
222

117
889
662
226

117
860
633
226

117
853
632
222

122
837
620
217

118
873
647
226

8,887
875
212
349
172
142
389
1, 049

8.816
869

8, 707
823

8. 851
854

193

188

340
165
133

328
171
130

353
179
135

394

389

387

1,058

1. 038

1,039

8.907
848
196
335
181
136
386
1,0(54

9,113
910

198

1,033

8.788
871
205
348
182
1 36
391.
1 . 037

8, 795
836

1, 033

8.793
861
209
344
167
141
386
1.028

1,060

T

3. 1 28
2. 532

3. 202
2, 589

3, 200
2, 586

3,202
2. 587

3, 271
2, 636

3t 256
2, 641

3, 341
2, 728

810

805

820

1, 474
800
105

1,537
853
109

1, 584
877
116

' 3, 402
' 2, 756
r
832
r
I, 526
826
117
' 251
' 331
r
273

212

203

335
164
142

338
160
136

200
350
179
140

392

3, 132
2, 526

3. 226
2. 61 1

3,210
2. 597

750

760

772

787

791

794

801

797

1.519
840
106

1.4SO
818
101

1.516
826
108

1.565
861
114

1,538
837
109

1 , 503
828
108

1, 506
815
110

1, 455
803
100

r

' 14, 000
r
4, 887
2 571
r
2, 102
163
'768
450
' 318

' 13. 646
' 4, 492
r
2 958
' 2, 102
' 156
r 744

' 435
-308

468
288

120
' 869
660
••209

1 25
886
667
218

r

'9.154
r 876

203
357
207
143

390

13, 391
4, 240'
1 928
1,769
1 59

'208
' 349
' 182
'138
-389
1, 069

9, 151
887

197
357
200
133

398
1, 053
3, 385
2, 738

852
1.604
882
115

251

237

246

244

237

237

243

244

252

324
247

330
338

346
223

355
'225

238

322
250

331
242

339
252

314
247

325
263

323
269

338
270

18,715
8, 638
10, 077

18.882
8, 465
10,417

19, 383
8, 637
10, 746

19,657
8. 578
11,079

17,300
7, 939
9. 361

17.414
8, 007
9. 407

17, 986
8,127
9, 859

18, 664
8, 454
10, 210

18. 502
8, 537
9, 965

17. 963
8, 157
9, 806

17, 314
7, 758
9, 556

r 16, 708
r 7, 243
' 9, 465

16, 767
7, 036
9, 731

19,429
9, 154
2.921
1, 828
635
2, 393
1,377

18,761
8, 693
2,717
1, 770
596
2, 303
1, 307

18, 545
8, 679
2, 744
1 , 064
567
2, 399
1,305

18,280
8, 385
2, 700
1,618
570
2, 236
1,261

1.8,093
8,218
2. 613
1, 588
6(19
2, 172
1, 236

18. (161
8,197
2.532
1. 554
594
2, 284
1. 233

17,980
8. 160
2, 483
1,498
58(1
2.372
1,227

17, 887
8, 075
2, 593
1,427
'571
2 270
1J214

18, 010
8, 208
2, 766
1,434
583
2,191
1, 234

17.997
7, 991
2, 661
1,397
573
2, 158
1, 202

17,847
7, 733
2, 476
1, 358
575
2,161
1,163

' 17,810
r
7, 467
' 2, 168
'2,154
' 1, 461
' 561
' 1. 123

17,284
7. 293
2,112
2. 099
1,412
573
1, 097

10, 275
2. 475

10, 068
2 386

9, 866
2, 299

9, 895
2,282

9. 875
2, 244

9, 820
2. 232

9, 802
2. 180

10, 006
2.329

680

706

723

710

1,873
3, 327
1, 898

1, 941
3,193
1, 849

1,929
3, 056
1, 870

2, 002
2, 977
1,950

2, 096
2. 950
1,915

1 . 953
3,114
1.911

697
2,006
2,993
1.892

2.113
3. 022
1,825

2, 006
3, 055
1. 838

1.996
3, 077
1, 894

10,114
2, 392
694
2, 091
3, 035
1, 902

' 10, 343
r
2, 486
r
716
r
2, 079
' 3, 098
' 1,964

9, 991
2, 435

712

670

9.812
2, 146

699

684

9, 864
2, 206

702

2. 322

2, 348

2, 553

3,214

2. 094

2. 090

2. 307

2, 440

2, 586

2, 432

174
15
68
62
58
51

128
14
49
38
58
49

119
13
47
37
58
46

157
17
63
48
59
48

198
19
77
67
59
51

176
17
73
57
60
53

173
18
67
60
59
52

' 2, 334
'132

2, 525

140
12
58
49
59
53

254

262
345
271

689
1 , 986
3, 008
1,873

25

23

2,534
179
19
71
53
61
53
27

30

30

20

22

26

24

31

26

'23

24

685

694

784

838

1,196

524

533

604

705

711

308

313

350

363

226

224

269

318

365

343

'618
'284

720

479

741

107
174
886

112
174
888

123
191
910

128
203
919

187
385

77
135
905

76
146
897

89
160
970

107
187
930

109
180

105
170
908

77
51

72
46

79
50

63
46

49
35

51
36

53
40

63
47

2,420
173
19
68
59
60
51
23

2,350
164
14
65
56
61
50
22

2,420
168
17
67
53
61
52
24

2,432
178
19
70
54
60
50
27

2, 423

2. 41 1

2,417

2, 352

171
17
68
52
61
50

164
18
64
52
62
49

156
16
61
51
60
48

22

26

26

28

2,442
170
17
68
53
62
51
26

2, 469

177
18
73
52
60
48

30

2,553
174
18
70
57
62
52
28

724

681

707

725

713

715

723

680

720

741

766

314

288

306

313

294

336

336

311

322

343

351

114
198
921
67
43

111
188
912
59
46

111
191
916
60
48

115
192
931
60
47

129
188
936
63
47

93
184
927
61
51

98
185
919
72
50

98
179
919
68
46

113
187
937
65
49

108
189
936
66
52

113
193
959
68
56

185
22
73
52
58
49

270
32
109
76
84
50

1.018
52
65

1.023
71
55

164
17
67
52
61
53

73
59

r 12

'57

'45
59
54

91
163

142
11
62
49
60
53

326
114
183

'954
'72
' 56

1,031

' 2, 511
'168

2, 580

19
'71
'54
60
54

78

174
18
73
58
62
51

'25

24

'726
'325

760

332

99
192

118
203

'984

1, 016

'66
'47

71
52

tR^vljfS series; see note marked "t" on p. S-8.
c?1 Retail inventories are not yet adjusted to the new retail sales series; therefore, they are to be used only in connection with the old series
of retail sales (s<v pp. 16 ff. of the September 1952 SURVEY).




SUEVEY OF CURRENT BUSINESS

S-10
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October IS52

1951

August

September

October

November

December

January

February

March

1952
1
April
May

June

August

July

DOMESTIC TRADE—Continued
RETAIL TRADE—Continued

Department stores:
Accounts receivable, end of month: f
Charge accounts
1947-49=100
Instalment accounts
_ ._ do
Ratio of collections to accounts receivable:
Char ore accounts
percent ..
Instalment accounts
do
Rales by type of payment:
Cash sales
'
percent of total sales _ _
Charge account sales
do
Instalment sales
do
Sales, unadjusted, total U. S.f
Atlanta
Boston
Chioafijo
Cleveland
Dallas
Kansas Citv
Minneapolis
New York
Philadelphia
Richmond
St Louis
San Francisco

1947-49=100. _
do
do
do
do
.do.. .
_
do
do
. __do_. .
do
..do _ .
do
do

Sales adjusted, total U. S.t
do ..
Atlanta
_. ...do
Boston
do
Chicago
-- do
Cleveland
do
Dallas
- -do
Kansas City
do
Minneapolis
do
New York
do
Philadelphia
do _
Richmond
do...
St Louis
do
San Francisco
...do ._
Stocks, total U. 8., end of month :f
Unadjusted
do. _.
Adjusted
do
Mail-order and store sales:
Total sales 2 companies
Montgomery Ward & Co
Sears, Roebuck & Co
Rural sales of general merchandise:
Total U. S , unadjusted
East
South
Middle West
Far West
Total IT. S., adjusted
East
South
Middle West
.
Far West

thous. of dol
do
do_
1935-39=100..
do
do _ _ _
do
do
do....
do -.
- do ...
do
do

r

103
162

113
166

122
172

136
182

177
197

142
190

124
182

117
178

1/1 !
175

122
176

1°0
178
11 Q

107
177

108
179

48
19

47
19

50
21

50
21

45
19

47
19

45
18

48
20

46
18

48
19

46
IS

46
17

46
17

48
41
11

47
43
10

46
43
11

47
43
10

49
42
9

48
42
10

48
42
10

4S

4S
43
9

47
43
10

4.7
43
10

48
41
1]

4S
41
U

113
117
110
114
114
124
119
112
106
112
118
111
108

112
'117
105
112
115
119
117
118
108
114
121
111
107

184
204
1SS
176
181
203
1S5
166
179
185
192
168
189

83
90
81
81
87
95
86
72
80
81
80
81
83

103
118

108
129
10?
104
105
1 25
112
1 05

84
or,

r<<S
r 11 5

108
115
1 06
114

105
117
103
103
105
116
106
96
95
102
114
103
108

109
120
101)
109
109
122
113
104
103
10".
109
107
108

108
119
102
105
115
122
115
97
100
110
114
111
106

106
M12
100
104
10*
115
106
113
100
110
109
100
108

105
r
114
104
103
106
115
105
94
97
109
114
99
M03

106

10S
127
101
104
103
128
112
104
96
107
116
102
118

111
138
103
1 05
112
132
114
100
98
107
122
111
115

108
119

106
118

113
116

120
115

122
116

120
118

93
100
82
95
94
104
102
'98
80
83
95
95
101

r
T

109
' 103
108
108
108
115
111
109
106
111
121
106
r
104

107
r
112
100
106
108
115
112
101
101
107
109
105
r
107

r
r

T

r

r

128
134

131
' 127

109
112
103

no

r

112
114
110
104
103
108
114
105
109

r

134
140
129
133
140
144
131
120
131
144
145
130
125

r

T

113
* 122
IOC)

T

111

r

114
129
116
107
104
109
118
109
118

134
121

133
117

r
r

r

T

83
94
75
80
83
93
85
83
82
82
83
80
R6

42
10

r

92
108
87
89
( j ,105
93
80
85
97
96
89
90

103
99
104
114
104
100
103
110
101
r

T

r

104

103
116

99
100
104
114
104
9S
96
102
108
98

T

T

S?
8°

07
1

09

104

114

93
r 84
f>u

plH*

~6

86
100
9S
112

S7

' r 81
1 05
120
1 Oft
97
105
123
114
104

IOC,
r

10' 5

103

J114
'•131
1 09

110
113

127
f-119
11 5

102
115
1'27

9'f
110

Un

112
118

110
120

ms

1 1 r,
"114

328, 568
98, 508
230, 060

338. 27S
100,873
237, 405

374,319
117,371
256, 949

398, 865
121,494
277, 371

477,842
146,189
331 , 653

248, 926
63,912
185,014

246, 182
67, 879
178,303

279, 095
79. 273
199.822

332, 482
93, 423
239, 059

368, 073
101,381
266, 692

354, 385
92, 345
262, 040

304,313r
82 99.
221,318

351 . 55*
101.150
250, 409

294. 9
261.8
301. 7
281. 3
366. 1
321. 6
298. 5
336.0
303. 8
375. 5

334. 1
285. 1
369. 0
316.1
394. 4
302. 1
274 9
324. 3
293. 8
344. 8

362. 0
325. 6
418.0
340. 7
403. 8
302. 7
271.3
327. 1
290. 0
359. 3

439. 3
445. 9
500. 6
411.6
456. 1
339. 0
319.2
365. 9
313.2
363. 7

499. 6
•153.7
534. 4
468. 5
606. 5
340. 8
314.0
386. 4
315.7
386. 8

248.5
228. 4
273. 8
236. 3
276. 8
328. 3
301.3
342. 2
315.1
376. 1

263. 3
242. 7
296. 1
240. 0
2«4. 7
314.6
292. 4
340. 3
300. 0
381. 1

276. 3
271.1
306. 1
257. 9
301 . 4
304. 6
273. 3
324. 9
276 7
337.1

299 6
273 7
3 1 9. 7
2S(). 2
34 \. 5
306. 6
273 2
345. 2
281.9
366. 1

283. 9
253. 5
301 . 8
269 8
327. 7
316. 5
289 3
3(54. 1
304. 5
365. 7

308. 3
280. 0
345. 4
286. 9
370. 7
347. 6
322. 6
421.7
313.2
409. 6

249. 5
215.6
270. 5
234. 6
313.6
338. 5
322. S
387. 0
314. 1
384. 3

315.6
280. 7
330. 8
295 3
396. 2
344. 2
320. 1
368. 4
318.9
406. 4

9, 188
2, 929
6. 259
10, 404
5, 199
5, 205

9. 020
2, 875
6. 145
10, 457
5, 11(5
5, 341

10, 283
3, 144
7. 139
10. 495
5, 034
5, 461

9. 869
2. 850
7,019
10.426
4, 952
5. 474

9,274
2, 542
(>, 732
10, 150
4. 904
5. 246

8, 786
2.412
6, 374
10. 341
5, 144
5, 197

8, 154
2, 493
5, 661
10, 190
5. 114
5, 076

8, 108
2, 579
5, 529
10. 298
5, 255
5, 043

8, 187
2, 771
5. 416
10, 110
5,287
4, 823

8, 116
2, 706
5, 410
9, 855
5. 161
4. 694

8. 240
2. 728
5, 512
9. 761
5, 005
4, 756

8, 596
2. 718
5. 878
9 665
4. 809
4, 850

8,722
2. fi4fi
6. 076
9.711
4.814
4, 897

WHOLESALE TRADE*
Sales, estimated (unadj.), total
Durable-goods establishments

Nondurable-goods establishments
Inventories estimated (unadj ) total
Durable-oroods establishments
Nondurable-goods establishments

mil. of dol. .
do
do
do
do
do

EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. armed forces overseas
thousands. -

154, 595

154, 853

155, 107

155,356

155, 575

155, 783

155, 997

156, 197

156. 405

156, 602

156,804

157,015

157.269

108, 896
51, 778
57, 118

108, 956
51, 780
57, 176

109, 064
51.826
57, 238

109, 122
51,824
57, 298

109,200
51,844
57, 356

109, 260
51, 852
57, 408

109,274
51, 810
57, 464

109, 274
51, 758
57, 516

109, 328
51, 762
57. 566

109,426
51, 804
57 (522

109, 556
51, 872
57.684

109, 692
51,948
57, 744

109.804
52 000
57. 804

64. 208
44, 720
19, 488

63, 186
43, 672
19,514

63, 452
43, 522
19, 930

63,164
43, 346
19,818

62, 688
43,114
19. 574

61,780
42. 864
18,916

61. 838
42, 858
18. 980

61,518
42,810
18, 708

61.744
42, 946
18. 798

62. 778
43, 262
19,516

64, 390
44, 464
19,926

64. 176
44, 720
19, 456

6:>. 958
44 396
19. 562

do
do _
do

62, 630
43, 764
18, 866

61, 580
42, 830
18, 750

61, 836
42, 632
19, 204

61,336
42, 344
18, 992

61 , 01 4
42, 106
18,908

59, 726
41.480
18, 246

59, 752
41. 482
18, 270

59, 714
41, 586
18, 128

60,132
41, 898
18, 234

61 176
42. 290
18 886

62 572
43, 326
19 246

62 234
43,476
18 758

62 354
43 392
18 962

do _
do _do

7,688
54, 942
1,578

7,526
54, 054
1,606

7,668
54, 168
1,616

7,022
54,314
1,828

6, 378
54, 636
1,674

6,186
53, 540
2,054

6, 064
53, 688
2 086

6, 012
53, 702
1,804

6. 41 2
53, 720
1,612

6 900
54 216
1 602

8 170
54 402
1 818

7 598
54 636
1 942

6 964
55 390
1 604

EMPLOYMENT
Employment status of civilian noninstitutional
population:
Estimated number 14 years of age and over,
total
thousands - .
Male
do
Female
do Civilian labor force, total
Male
Female
.
_.

-_ do. _.
do
do

..

Employed
Male
Female
Agricultural employment
Nonagricultural employment
Unemployed

_

Not in labor force
do ._
44. 688
45. 770
45. 612
45. 958
46. 512
47.480
47. 436
47. 584
46 648
45 166
45 516
45 S4fi
47. 756
r
Revised.
» Preliminary.
f Revised series. Data have been revised to reflect use of new base period and to incorporate other major changes. Revisions back to 1919 for sales by districts will be shown later. Published revisions appear as follows: Accounts receivable (1941-51), p. 32 of the July 1952 SURVEY; total U. S. sales (1919-50), p. 32 of the February 1952 SURVEY; total U. S. stocks, p. 32 of the
July 1952 SUEVEY.
JData on total wholesale trade have been substituted for the series on service and limited-function wholesalers. For annual sales, 1939-48, and end-of-year inventories, 1938-48, see p. 24
Digitized forofFRASER
the October 1951 SUEVEY; revisions beginning 1949 appear on pp. 16-17 of this issue.



SUEVEY OF CUERENT BUSINESS

October 1952

S-ll
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

August

September

October

November

December

January

February

March

April

May

June

July

August

EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT—Continued
Employees in nonagricultural establishments:
Total, unadjusted (U. S. Dept. of Labor)
thousands. _
Manufacturing
do
Durable-goods industries
_ do _
Nondurable-goods industries
_ _ do _
Mining, total
do
Metal
_ _
_
do -_
Anthracite
do
Bituminous coal
do _
Crude-petroleum and natural-gas production
thousands _
Nonmetallic mining and quarrying
do
Contract construction
do
Transportation and public utilities
_ do -_
Interstate railroads
do
Local railways and bus lines
_
do Telephone
do
Telegraph
do
Gas arid electric utilities
do

46, 724
16 008
8,878
7, 130

46, 956
16 039
8 913
7,126
917
104
68
367

48, 902
15 965
8,942
7,023
917
104
67
367

46, 852
15 890
8 976
6, 914
917
105
67
368

47, 663
15 913

2, 809
4, 190
1,468
142
652
48
535

269
110
2 768
4,178
1 457
141
648
47
532

269
109
2,761
4,166
1,440
141
649
48
529

__

9, 641
2,596
7, 045
1,399
1,260
757
1,914
4, 839
507
365
153
6,401

9 781
2, 594
7,187
1,487
1, 274
754
1,898
4, 831
473
362
157
6, 544

Total, adjusted (Federal Reserve) .
__do __
Manufacturing
do
Mining
_
_ _ do _
Contract construction
do
Transportation and public utilities _ do
Trade
do
Finance
do
Service
_ __ _
_ _ __ do _
Government
do

46, 555
15, 893
914
2,601
4,143
9, 822
1, 895
4,791
6, 496

Trade
do
Wholesale trade
- do
Retail trade
__ __ do
General-merchandise stores
do
Food and liquor stores
_
do
Automotive and accessories dealers.. .do
Finance
_ _ _ _ _
do
Service
do
Hotels and lodging places
_ _ do
Laundries
do
Cleaning and dyeing plants
do
Government
do

__
__
_
_

Production workers in manufacturing industries:
Total (TJ 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
Primarv metal industries
_ _ __
do _
Blast furnaces, steel works, and rolling
millsj
thousands
Primary smelting and refining of non ferrous metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
thousands- _
Heating apparatus (except electrical) and
plumbers' supplies
thousands
Machinery (except electrical)
do
Electrical machinerv
_ _ 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

6 913
916
106
67
369

45, 899
15 859
9 010
6 849
902
107
62
366

46, 001
15 869
9 035
6 834
904
107
67
363

46, 299
15 795
9 054
Q 741
896
107

269
107
2 633
4, 165
1 428
141
653
47
528

269
105
2 518
4 161
1 4 26
141
654
47
527

267
101
2 316
4, 103
1 394
141
653
47
526

267
101
2 308
4,111
1 392
141
660
47
526

266
101
2 296
4 118
1 395
139
664
47
526

267
105
2 416
4 096
1 404
139
648

9,893
2, 622
7,271
1,550
1,281
748
1,898
4, 770
437
360
159
6, 532

10 109
2, 657
7, 452
1,701
1, 295
759
1,907
4,734
430
357
157
6, 497

10 660
2 657
8 003
2 092
1 316
"768
1,9! 2
4 702
426
356
154
6, 881

9 720
2, 622
7, 098
1,472
1 282
749
1 , 909
4 671
424
356
154
6, 509

9 643
2 624
7,019
1 414>
1,286
743
1,91 9
4 667
428
354
153
6, 490

Q 668
2? 623
7 045
1 437
1 287
738
1 937
4 681
' 430
353
154
6, 528

9 845
2 f05
7,240
1 597
1 2°5
737
1 952
4 748
438
358
161
6 551

46, 465
15,801
912
2, 587
4, 157
9,791
1, 908
4, 783
6. 526

46, 415
15, 748
914
2, 630
4, 173
9, 770
1,917
4, 746
6,517

46, 482
15,761
916
2, 581
4, If 55)
9,827
1,926
4, 758
6, 544

46, 608
15 811
91 0
2 569
4, 161
9 893
1 933
4,749
6 578

46, 471
15 830
910
2, 545
4, 189
9 852
1,919
4,742
6, 528

46, 594
15 877
912
2, 593
4, 147
9 860
1,929
4,738
6 538

46, 552
15 894
911
2 523
4 154
9 862
1 937
4 728
6 543

46 556
15 931
'899
2 517
4' no
q 849
1 949
4 748
6 5^4

' 46, 559 ' 46, 405
' 15, f>00
'15 870
824
894
r
2 497
2, 536
' 4, 129
' 4, 134
' 9, 961
9 912
1, 948
' 1,957
' 4, 772 ' 4, 792
6 572
6, 606

13, 069
7,261
41

13, 087
7,279
44

12,997
7, 296
47

12,904
7,314
50

12 911
7 322
52

12 766
7 264
54

12 820
7, 306
55

12 815
7 316
56

|9 yrj«>

r 1° 588
r

754
449
285
484
130
1, 165

745
443
285
482
130
1,162

740
439
289
479
128
1,160

719
428
294
472
125
1,149

696
412
296
465
123
1,164

654
391
290
452
119
1,162

668
396
296
447
120
1, 160

670
398
296
449
121
1,154

678
405
292
452
123
1 143

575

573

570

558

573

570

570

567

48

47

47

47

17

47

48

817

810

809

805

806

804

122
1, 209
696
1,198
675
357
99
57
224
388

121
1, 219
707
1,211
679
360
102
60
226
388

120
1,242
707
1, 205
667
362
104
62
228
390

120
1. 255
718
1,234
(i55
395
111
(53
230
388

119
1,269
720
1,235
645
407
111
03
232
381

115
1,276
725
1,235
633
415
115
62
232
374

922
105
68
370

270

no

5,701
5,502
5,808
5, 808
5, 590
5, 589
Nondurable-goods industries
_ do_
1,254
1, 307
1, 330
1 , 068
1, 100
1,122
Food and kindred products
__ do
235
246
233
252
236
Meat products
do
240
94
114
108
103
99
96
Dairy products
do
305
330
145
106
238
120
Canning and preserving
_ _ do
192
193
195
187
192
190
Bakery products
do
146
156
150
136
161
147
Beverages _
_ do _
89
89
82
84
85
85
Tobacco manufactures
- do
1, 152
1,133
1, 141
1, 136
1, 132
Textile-mill products
do
1,131
551
540
561
546
548
544
Broad-woven fabric mills
_._ do
212
205
209
209
211
209
Knitting mills
_ do
Apparel and other finished textile prod1,029
1,037
1,019
1,035
1,008
1, 047
ucts
thousands
139
131
138
127
117
123
Men's and boys' suits and coats
do _
Men's and boys' furnishings and work
238
235
228
239
238
233
clothing
thousands
284
270
300
295
296
279
Women's outerwear _ _
do _
413
405
419
416
410
411
Paper and allied products
- do
212
214
211
215
212
212
Pulp, paper, and paperboard mills___do
Printing, publishing, and allied industries
515
510
509
517
519
520
thousands151
154
151
153
155
153
Newspapers
do
169
167
171
170
166
170
Commercial printing
do
' Revised.
*» Preliminary.
{Figures for 1939-46 on the revised basis for the indicated series, available since publication of the 1951 STATISTICAL




r 46, 329 ' 46, 348 ' 46, 037 P 46, 916
r 15 p54
' 15 463 ' 15 196 P 15 891
' 8, 334
» 8, 789
'8 991 ' 8, 675
r
' 6, 862
' 6, 788
P 7,102
6, 663
'797
'828
893
p868
80
'77
v 103
107
61
65
66
r
' 279
348
305
P318

45, 913
15 776
8 946
6,830
909
107
67
367

9' ooo

CO

357

598

7 rj?(!
58

266
106
2 522
' 4, 131
1 416
r 137
669
r

T

529

9 773
2, 601
7,172
1,466
'1,293
'742
1,958
'4 796
r 450

363
164
6, 602

7 9.i'»2
59

271
106
2, 663
'4,157
1,395
' 136
674
45
' 537

275
'106
' 2, 722
' 4, 129
1 351
136
682
4')
544

'9 835
'2,617
7,218
'1,458
'1,293
'752
' 1,977
'4 840
'477
368
166
6, 585

' 9 785
2, 622
r
7, 163
'1,416
' 1 , 294
'754
'r 1 , 992
4 858
512
370
162
6, 558
' 46, 200
'15,397
r
789
2, 544
4, 088
9 957
1,963
4. 786
6 676

' 12 383 r 12 IK)
' 6 939 ' 6 r601
61
(-;o

*>107
P 2, 778
P 4, 201

p 9 752
P 2 627
P 7, 1 25
P 1 39n
P 1, 288
P 750
v 1,991
v 4 84f>

P 6, 589
•P 46, 756
P 15 782
P 859
P 2 572
P 4, 1 53
P 9 935
P 1 , 971
P 4, 798
P 6 680
p 1° 798
P 7 049

'r 635
387
287
449
123
' 1,141

' 694
'421
288
453
124
'756

' 691
418
' 284
'•441
122
' 731

558

'557

'ISO

187

47

48

48

48

47

807

807

806

'798

'788

'740

116
1, 281
727
1,251
630
424
122
61
233
381

116
1,280
722
1,266
643
428
126
61
234
382

115
1 282
714
1 288
663
430
128
57
230
380

113
' 1, 269
'708
'1,307
' 667
'437
133
'60
'233
376

116
' 1, 259
' 705
'1,322
'671
' 446
135
01
- 234
'379

5, 514
1,060
244
95
105
187
134
80
1,123
527
210

5, 499
1 057
239
96
104
189
138
78
1,113
518
210

5 404
1 057
' 233
100
114
186
136
77
1 093
507
210

5, 326
' 5, 444
' 1 074 ' 1,135
230
232
107
113
152
122
r
1 83
' 190
146
153
77
78
1,085
' 1, 083
503
' 507
209
212

1, 052
128

1,051
127

996
121

'959
113

'971
'120

'984
119

V 1 057

233
309
404
210

238
306
401
208

239
275
398
206

'238
'252
398
'206

240
'252
403
'208

239
269
' 394
202

v 402

507
152
166

508
152
167

507
152
166

'507
154
167

512
'155
167

'508
153
166

SUPPLEMENT, will be shown later.

113
'1,198
* 681
' 1,171
525
452
133
51
r
233
'371
' 5, 509
' 1 21 6

r

115
214
1 95
102
' 78
1 084
" 509
209

P 696

P294
P 458
P 1,051

p?62
p 1,183
v 704
P 1,211

P 235
v 390
P 5 749
P 1 289

P 90
P 1 130

P508

SUEVEY OF CURRENT JUSTNESS

S-12
Unless otHerwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October ]9."2

1951

August

September

October

19 52

November

December

January

February

March

April

May

June

July

August

EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Production workers in mfg. industries— Continued
Total (U. S. Dept. of Labor)— Continued
Nondurable-goods industries— Continued
Chemicals and allied products
thousands. Industrial organic chemicals
do _
Products of petroleum 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 employment
index, unadjusted (U. S. Dept. of Labor) t
1947-49=100-Manufacturing production-worker employment
index, adjusted (Federal Reserve) t- 1947-49= 100- _
Miscellaneous employment data:
Federal and State highways, total!
number..
Construction (Federal and State)
do
Maintenance (State)
do
Federal civilian employees:
United States
thousands .
Washington, D. C., metropolitan area. .do
Railway employees (class I steam railways):
Total
thousands..
Indexes:
Unadjusted
1935-39=100..
Adjusted
do_._

531
174
198
154
218
92
343
221

543
175
197
154
218
92
327
208

544
172
197
154
215
90
320
201

542
173
197
154
219
95
317
198

538
171
196
155
219
95
323
205

536
170
193
153
218
94
330
213

538
168
193
153
215
94
342
221

538
168
194
152
215
94
344
222

530
163
197
155
213
95
336
217

105. 7

105.8

105. 1

104.3

104.4

103.2

103.6

103.6

104.8

103.9

103. 4

103.3

103. 5

103.6

103. 8

103.7

326, 930

334,679

303, 304

J 35, 5(52
124, 067

128,757

273, 542
99. 528
120, 521

2.16. 1H5
75. 055

230. 985
59' 281

227. 488
59, 491

239. 087
68, 500

270. 654
99, 013

121, 524

2, 341
254

2, .330
250

2, 335
249

2, 342
249

2, 344
248

2, 359
249

2,370
248

2, 381
249

2. 389
248

2, 392
248

1, 332

1, 321

1,305

1,293

1. 285

1,257

1, 252

1.255

1 , 265

1,277

127.1
124.5

126. 1
123. 1

124.6
120.5

123.3
122.2

1 22. 2
] 24. 2

119.9
124.6

119.4
122.3

119.7
122.7

1 20. 5
1 22. 5

121.8
1 22. 3

120. 1
' 118,4

•p 1 1 5. 9
f 113 5

f 119 5
P 117 0

128.4

130.9

129.8

129.8

132. 9

130.4

131.0

131.9

128. 1

' 128. ]

120.8

' 121.7

r> 130. 5

40.3
41.3
43.9

40.6
41.6
44.2

40.5
41.7
44 0

40.5
41.5
43.9

41.2
42.2
45. 1

40.8
41 8
44 4

40.7
41 7
44 7

40.7
41 7
44 3

39.8
40 8
43 4

40.2
41 1
'43 7

40.4
41 1
43 5

r 4f) 3

40.9
40.6
40.8
41. 5
39.2
40.9

40.6
40.2
41.1
41. 5
39. 3
41.3

41.3
40.8
41.4
41.7
39.8
41.2

40.6
40.4
41.1

40.8
40.4
42.0
40.0
42.2

40 6
40.1
41.5
41.0
39.6
41.2

40.4
39.9
41.3
41.1
39.9
41.4

40 7
40.3
40. 6
40. 5
38.9
39. 0

T

39. 2
41.2

40 1
39. 5
41. 5
40. 6
38 8
41.5

42 1
42.0
40.9
40.8
39 3
38. 7

r 40 $
40.6
' 40. 2
' 40. 2
38 1
r
39 1

40.2

41.0

40.4

41.0

41.9

40 8

40.6

41 4

37 4

T

41 4

40 4

41 6

41.1

41.4

41 5

41 6

41 8

41 5

r 41 q

Ml 7

41.3

41.7

41.7

41.4

42.3

41.8

41.8

41.7

40.7

r

' 40. 8

MO.O

39.9
43.0
40.8
40.9
39. 5
43.6
40. 2
40.7
41.9
40.1

40.8
43.2
41.5
41.1
39.8
43.9
40. 0
40.7
42.2
40.4

41.1
43.4
41.5
40.9
39.7
43.3
40.2
40.9
42.3
40.6

40.4
43.2
41.8
40.7
39. 1
43.9
39.1
40.6
42.5
40.6

41.3
44, 1
42.0
41.7
40.4
44.1
40.5
40.8
42. 6
41.4

40.5
43.9
41.9
41.5
40.5
43.2
40.7
41.0
42.1
41.0

40.4
43.6
41.6
41.4
40.4
43.2
40.0
41.4
41.7
40.8

40.5
43.5
41. 5
41.3
40.4
42.9
40.9
41.3
41.7
40.9

39. 0
42.8
40.7
40.7
30. 9
42.0
40. 5
40. 3
41.4
40. 1

MO. 2
M2. 9
40. 6
41.1
'r 40. 1
42. 8
41. 1
40.4
'41.8
40.5

40.0
M2. 8
40.7
MO. 8
39 5
M2. 8
40. 9
40.3
Ml. 8
40.4

39.4
r
41 9
" 39. 9
' 39 3
30. 0
42 6
40. 7
39.8
'T 41. 0
40 0

39.1
42.0
41.3
44.9
41.7
41.9
41.9
38.5
36. 7
37.1
35.3

39.4
42.8
41.9
45. 0
43.5
42.1
41.8
39. 5
36. 9
37.1
35.5

38.9
42.0
41.5
44.3
42. 5
41.7
40.8
39.7
37.2
37.0
36.3

39.2
42.0
44.1
43.8
37.0
41.5
40.6
39. 3
37.8
37.6
37.3

39. 9
42.3
44.2
44.1
38.3
41.5
40.8
39.5
39. 3
39. 3
37.8

39. 5
41.6
42.5
44.0
38 0
41.2
40. 5
38.4
38.9
39. ()
37.0

39.5
41.4
41.4
43.9
38.4
41.5
40.7
36.9
38.8
38.4
37.8

39.3
41.0
40.6
43.8
38.1
41.0
40.4
36.6
38.1
37.2
37.8

38.4
40.7
40.3
43.8
37.5
41. 1
40 6
34.6
37.2
37.1
36.2

' 39. 0
Ml.
4
r
40.7
M4.3
'37.9
Ml. 8
41.8
37.9
37.7
37.1
36.9

' 3<). 6
r 42 o
Ml 0
45.4

' 39. 4
M2 0
40 7
45.0
41 1
41 9
43 Q

36. 0
33.4

36.7
34.7

36.8
35.3

35. 0
32.9

f

35. 7
35.9
42.5
43.6

36.5
36.4
42.4
43.6

36.7
36.2
42.6
43.8

35. 8
34.2
41.4
42.2

'37.2
'36.0
41.8
42.6

' 37. 5
35 1
42.4
43.3

37
34
'42
43

38.6
35. 8
40.3
41.6
40.4
40.9
41.0
40.9
40.9
38.4
38.2

38.4
36.1
39.7
41.4
40. 3
40.8
40.7
40.5
40.6
38.7
38.6

38.7
36.1
40.3
41.3
40.3
40.7
40.5
40.3
39.8
38.7
38.7

38.2
36. 1
39.5
41.0
40.2
40.5
40.3
39.6
39.3
37.1
36.7

38.6
36.5
40.0
MO. 9
MO. 3
'37.2
'35.7
MO. 5
MO. 4
'37.3
' 36. 8

38.8
36 5
40.3
Ml.O
40.3
' 40. 9
40 5
Ml. 1
Ml. 4
' 38. 3
'38.0

'38.5
36 1
40 3
' 40. 4
40 1
Ml.l
40 6
'40.3
40.8
' 38 5
38.3

140, 248
129, 429

118,551

118,621

115,126

116,987

517
161

'513
167
'193
159
'200
93
'339
218

* 514

'126
213
95
330
213

513
163
'193
'157
215
95
339
221

102.9

"•101.8

'100.1

'97.9

P103. 5

104, 0

' 103. 4

'101.2

'99.6

P 102. 7

118.411

••168

P 202
p 207

P350

'r 296, 941 ' 328, 561 p 331 . 784
120, 225 '141,561 P139 771
122,354
128,338 v 131, 788

2,419
251
1 , 257
r

2,420
251

'1,214

2 407
248
1, 254

PAYROLLS
Manufacturing production-worker payroll index,
unadjusted (U. S. Dept. of Labor) U947-49= 100..
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :
All manufacturing industries--hours..
Durable-goods industries
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
hours
Sawmills and planing mills
do
Furniture and
fixtures.
do
Stone, clay, and glass products
do
Glass and glass products .
do
Primary metal industries . _ _
do
Blast furnaces, steel works, and rolling
millst
hours
Primary smelting and refining of nonferrous
metals
hours
Fabricated metal prod, (except ordnance, machinery, transportation equipment)hoiirs.
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
Meat products
Dairy products
_
Canning and preserving
Bakery products
Beverages
Tobacco manufactures
Textile-mill products ._
Broad-woven fabric mills
Knitting mills
-.

._

do.__
do
do
do
do
do
do
do
do. _
do
do.

Apparel and other finished textile products
36.2
35.5
35.6
35.8
34.6
hours. .
32.2
33.7
35.1
35.0
32.5
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
35.8
35.3
35.5
35.6
35.0
clothing
__
_
hours
35.8
35.4
34.4
34.6
32.8
Women's outerwear
do
42.8
42.4
42,6
42.8
42.5
Paper and allied products
do
44.2
44.1
44.2
43.8
44.0
Pulp, paper, and paperboard mills ..do
Printing, publishing, and allied industries
39.4
39.2
38.7
38.6
38.7
hours. .
37.5
36.3
36.9
36.7
36.7
Newspapers
_
_
do
40.5
40.7
39.9
39.9
39.5
Commercial printing
do...
41.8
41.5
41.8
41.7
41.8
Chemicals and allied products
do
40.7
40.4
41.0
40.3
40.8
Industrial organic chemicals _ _
do
41.2
40.6
41.4
40.7
40.9
Products of petroleum and coal
...do
40.2
41.3
41.1
40.4
40.6
Petroleum refining
.
. do
41.2
40.5
40.9
40.7
40.3
Rubber products
do. .
41.0
41.2
40.9
40.5
39.9
Tires and inner tubes
do
36.4
37.8
35.9
35.4
35.6
Leather and leather products
do
36.9
35.4
34.6
33.9
33.9
Footwear (except rubber)
do
r
Revised.
> Preliminary.
tRevised series. Indexes have been shifted to new base period; monthly data for 1919-50 are shown on pp.
§Total includes State engineering, supervisory, and administrative employees not shown separately.




19-20 of this issue of the SURVEY.

41 1
40. 9
40.9
r
41.0
r
39. 8
' 39. 2
37 4

41. 3

36. 4
' 33. 2

r

r 32 9

42 2
4? 6
38. 6
38.3
37. 6
37.6
36. 3
34.3

39.9

T 42

-j

P 40. 2
r
40 6
P 42 (}

p 41 3

P41.5
P 40. 8
»37 4

36 0
41 8
MO. 4

P 42 3
P 40 9
P 40 2

p 42 0
P 41 4
p 39 8
p 41 1

r 38 0

P 38 5

' 38. 4
38 0
37.9

r>39 4

36. 1
33. 8

P37. 2

3
9
3
3

JSee note marked "t" on p. S-ll.

p 43 0

P39.0
P40.7
p 39. 8
P 41 2
P 39 9

SURVEY OF CUERENT BUSINESS

Orfober 10;">2
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

1V51

August

September

S-13
1952

1
N

m

October | °™ -

D

-7-| January

February

March

April

1
1
I

May

June

July

August

EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued

Average weekly hours per worker, etc.— Continued
Nonmanufacturing industries:
Mining:
Metal
hours
Anthracite
do
Bituminous coal
__do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
hours..
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction
--do
Buildin? construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraphf
do
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
hours
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers. . .do
Service:
Hotels, year-round
do
Laundries
do
Cleaning and dyeing plants
do
Industrial disputes (strikes and lock-outs):
Beginning in month:
Work stoppages
.-number
Workers involved
thousands
In effect during month:
Work stoppages
number
Workers involved
thousands. _
Man-days idle during month
do
Percent of available working time _
U. S. Employment Service placement activities:
Nonagricnltural placements
thousands_.
Unempioyment compensation (State laws):
Initial claims
do
Continued claims
do _ .
Benefit payments:
Beneficiaries, weekly average
do. ..
Amount of payments
thous. of dol

r

44. 4
' 33. 3
'31.8

M2
2
r
29. 9
'28.4

42 5
26.4
27.6

r 40. 0
' 45. 7
38. 0
Ml. 2
r
37. 9

Ml. 3
«• 45. 6
' 39. 4
M2. 1
r
38. 7

41.1
45.4
39.4
41. 9
38.7

46.1
34.9

MO 9
38.7

41.4

Ml. 2

M7 9
39.1
44.5
Ml. 2

47 3
39. 4
44.8
41.3

40.1

MO. 4

' 40. 6

40. 7

39. 8
35. 8
39. 5
45.1

39.7
36. 0
39. 0
45.4

39.6
* 35. 7
r
39. 2
' 45. 3

40.2
30. 5
40. 0
45. 6

40.4
36. 0
40.3
45.5

42.8
40.9
39.8

42. 5
40.9
40.1

42.8
41.1
41.3

' 42. 6
41 . 4
T
42. 0

M2.8
41.9
' 42. 5

42.6
41.2
40. 5

400
190

350
185

400
240

475
1,000

475
300

425
170

425
125

450
225

600
250
1 , 250
. 14

550
250
1 , 270
. 15

600
320
1.400
. 17

650
1,200
5, 300
.01

075
1.200
7, 500
.90

050
1,000
14,000
1. 08

050
850
12, 500
1.44

675
310
2, 100
.25

44.5
26.3
34.9

44.1
27.2
36.5

44.4
35.1
36.3

43.4
36. 8
36.2

44.4
31.1
38.4

44.3
32. 6
38. 5

44.1
30. 9
35. 9

44. 5
30.1
35. 4

43.1
28.1
29.9

40.2
46.3
39.1
42.7
38.2

41.8
46.1
38.9
41.9
38.2

40.5
47.0
39.3
42.6
38.5

40.4
44. 5
36.8
38.7
36.4

41. S
44.0
37.9
38.9
37. 7

11.7
43.7
37. 9
39. 6
37. 5

40.8
44.3
38. 3
40.2
37. 9

41.6
43.8
37.1
38. 5
36.9

41.1
44.8
38.0
39.8
37. 0

46.2
39.2
44.6
41.9

46.1
39.4
44.4
42.2

46.2
39.1
44.3
42.1

46. 3
39.2
44.2
42. 0

47.6
38.8
44.3
42.1

46.4
38. 7
43. 9
41.9

46.5
38. 5
43.9
41.4

46. 6
38. 5
44.0
41.4

40.7

40.9

40.8

40.8

41.1

40.7

40.4

40.4

40.8
36.9
41.0
45.3

40. 0
35. 9
40.0
45.2

39. 8
35. 6
39.6
45. 4

39.4
35. i
39. 7
45. 3

40.1
37. 0
40. 0
45.4

39.8
35. 8
39. 4
44. 9

39. 8
35.9
39.4
45.0

43.3
40.9
40.3

42.9
41.3
41.6

42.9
41.1
41.5

43. 1
41.0
40.7

43.2
41.4
41. 1

42.8
41. 5
40.7

505
213

457
215

4S7
248

305
84

186
82

727
314
2,640
.28

693
340
2.540
.33

728
365
2. 790
.30

521
191
1,610
.19

357
130
1,020
. 13

1

r

r
r

028

621

610

498

420

-173

427

465

500

572

581

550

588

950
4, 071

724
3, 329

902
3, 692

948
3,817

1, 152
4, 1 14

1,382
6, 157

890
5, 169

867
4, 834

1,109
4, 825

915
4, 445

978
4, 255

1,585
4, 961

4, 301

801
75, 131

758
62, 049

713
67, 449

749
68, 607

797
70, 624

1 , 1X5
1 1 0, 409

1, 146
105,023

1, 113
101.564

993
94, 385

918
86. 958

918
83,511

Veterans' unemployment allowances:
Initial claims
thousands
Continued claims
do
Amount of payments
- _. .. -thous. of dol.

1
5
93

1
3
66

1
3
53

1
3
50

1
3
57

1
4
83

Labor turn-over in manufacturing establishments:
Accession rate. ...monthly rate per 100 employees.
Separation rate, total
do
Discharges
do __
Lav-offs
._.
. -_- ....do
Quits
do Military and miscellaneous
do

4.5
5.3
.4
1.4
3.1
.4

4.3
5.1
.3
1.3
3.1
.4

4.4
4.7
.4
1.4
2.5
.4

3.9
4.3
.3
1.7
1.9
.4

r>. o

3.5

4.4
4.0

l" 5
1.4
.3

64. 32
69.55
73. 71

65. 49
71.01
76. 47

65. 41
71.10
75. 50

65.85
71.05
75. 08

60. 49
60. 29
57. 53
64. 74
63. 19
73. 70

61. 51
61 . 06
58. 40
65. 74
65.40
75.79

62. 32
61. 49
58. 79
65. 93
65. 67
74. 82

75.25

78.72

70.46

68. 64

(2)

(2)

(3)

(-)

2
44

(2)

1
31

r

880
88,012
(-)

1
28

65

3
54

1M
1.9
.4

3. 9
3.9
.3
1.3
1.9
.4

3.9
3.7
.3
1. 1
2.0
.3

3. 7
4.1
.3
1.3
2 2
~3

67. 40
72. 71
77. 62

00. 91
72. 15
77. 20

06. 91
72. IX
7X. 70

07. 40
72.81
78.85

Go. 87
71.07
77.04

' 66. 05
71. 76
' 78. 22

r

60. 80
IK). 50
58. 81
65. 03
65. 50
75. 23

60. 18
£9. 47
60. 48
65. 30
66. 28
77.73

57. 02
fiO. 50
59. S4
0-1.35
04. 14
70. 86

59.11
f>.S. 47
00. 20

61. 13
00. 37
59. 48
04. 88
05. 10
71. 53

T
r

ok' 54
75. 85

59. 59
58. 85
60. 67
65. 76
06.59
76. 55

59. 90
00. 45
* 59. 80
r
65. 85
r
66. 78
* 72. 17

T
r
r
r
T
r

75. 79

77. 49

79.44

77. 93

70. 53

78. 33

70. 16

T

70. 40

'01.82

70. 00

70.47

69. 95

71. 58

73. 54

73. 17

74. 03

73. 33

* 74. 41

'74.52

75. 00

69. 92

71.78

71.00

71.27

71.43

09. 04

'70.95

'70.01

07. 74
78. 02
09. 03

r

4.9
3.9
.3
1.1
2.2

3.9
3. 9
.3
1.1
2.2
.3

r

1

4.4
5. 0
2^2
2.2
.3

980
95, 389
(-)

1
13

v 4. 5
» 3
i' . 9
v 3. 0
" .3

WAGES
Average weekly earnings (U. S. Department of
Labor) :
All manufacturing industries
dollars _.
Durable-goods industries
do
Ordnance and accessories . . _
_ _ do
Lumber and wood products (except furniture)
dollars ..
Sawmills and planing mills .
do
Furniture and fixtures
do
Stone, clay, and glass products.. _. .. -.do
Glass and glass products
._ _ - . do
Primary metal industries
_ _ do
Blast furnaces, steel works, and rolling 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

68.68

70.14

70.39

67.23
75.94
66. 34

69.89
77.24
68. 06

70. 65
77.86
68. 27

69. 53
77. 03
09. 10

71.49
79. 95
69. 97

70. 07
79. 81
70. 22

69. 85
79. 70
69. 93

70. 35
SO. 00
70. 43

09. 99
' 79. 00
' 68. 90

07. 00
71.88
78. 08

r

64. 5()
04. 85
00. 04
05. 97
66. 89
71.21

r
r

09. 72
79. 09
69. 39

r

05. 80
'r 69. 88
70. 93

p 00. 85
f 71. 37
v 78. 64

'02.42
P 04. 35
62. 52
r
P 01.09
58. 49
' 05. 12 v 06. 59
65. 42
r
71. 59 " " 7 L 2 8

r

r
r

68. 04

f 69.21

68. 08
11. 05
08. 1 1

v 78. 09
P 69. 86

r
76. 36
Transportation equipment...
do...
77.43
77.14
77.05
79. -18
79. 47
79.24
SO. 08
79. 57
78.47
'75. IS
P 77. 83
r
76. 31
Automobiles
do
77.53
77. 34
70. 44
79. 91
80. 55
79. 83
SO. 84
79. 08
80. 24
79. 43
70. 85
r
r
Aircraft and parts
do
77.48
79.28
79. 85
78. 07
80. 57
80.01
79. 53
SO. 57
78. 08
80.
38
80.
4.2
80.
39
T
r
Ship and boat building and repairs do
71.96
71.52
74. 12
74. 85
74. 32
76.81
75. 01
70. 36
75. 1)9
74. 93
77. 05
Railroad equipment
do
76. 96
77." 06
76. 49
77.81
76. 79
78. 12
7S. 55
76. 25
' 70. 11 r 11. 26
74. 31
68. ,51
Instruments and related products
__do
69. 93
70. 26
70. 98
71.02
71. 70
71.02
71.47
70. 71
'71.81
' 70. 89 "V72.~32~
r
T
56.82
Miscellaneous mfg. industries
do
57. 61
58. 18
58. 71
60. 53
59. 94
00. 18
00. 57
59. 31
00. 39
60. 3(5
' 59. 48 v 61. 00
T
1
Revised.
v Preliminary.
See note "t" fc>r this pageS corn para )le figure f }r Deceinber 1951, 43. S.
2 Les < than .500 (Claims.
t Re vised scries. Beginning 1952, data cover all (lomestic ('. and-line) t inployees (except ines sengcrs anc i those coi iponsated 3ritirely on a com mis sion basis; earlier dat i exclude gc4 neral and
divisional headquarters personnel and trainees in set1001.
*New series. Data beginning 1947 will be showri later.
fSee note rnarked "f on p. 8-1 L.




SUEVEY OF CURKENT BUSINESS

S-14
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 1952
1952

1951

August

September

October

November

December

January

February

March

April

May

June

July

August

r 61. 02

' 60. 87
' 65. 02
69.72
64. 53
53.02
62.01
81.01
-r 46. 36
51. 69
50. 81
47.72

*61.45
v 63. 34

T

"47.84

EMPLOYMENT AND POPULATION—Continued
WAGES—Continued
Average weekly earnings, etc.— Continued
All manufacturing industries— Continued
Nondurable-goods industries
dollarsFood and kindred products
_
do
Meat products
do
Dairy products
do _
Canning and preserving
do
Bakery products
do
Beverages
do
Tobacco manufactures
do __
Textile-mill products
do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars..
IVTen's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
_ _ dollarsWomen's outerwear
do
Paper and allied products __ _ _ _ _ do__ _
Pulp paper and paperboard mills do
Printing, publishing, and allied industries
dollars- _
Newspapers
do
Commercial printing
do
Chemicals and allied products _
do _
Industrial organic chemicals
do
Products of petroleum and coal
do_
Petroleum refining
do
Rubber products
-- do _
Tires and inner tubes
do
Leather and leather products
_
do
Footwear (except rubber)
do
Nonmanufacturing industries:
Mining:
M^etal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production :
Petroleum and natural-gas production
Nonmetallic mining and quarrying
Contract construction
Non building construction
Building construction
Transportation and public utilities:
Local railways and bus lines
Telephone

do
do
do
do
do
do

Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
dollars
General-merchandise stores
cio
Food and liquor stores
do
Finance:
Banks and trust companies
Service:
Hotels year-round
Laundries
Cleaning and dyeing plants

57.91
61.15
67.48
60.70
53.00
58.07
75.13
44.08
48.08
48.30
44.44

58. 67
62.06
68.46
62. 10
54.33
f 8. 69
75.11
44. 75
48. 74
48. 75
44.84

58, 00
61.91
67. 65
60.60
56. 87
58. 38
72.54
45. 30
49. 29
48.77
46. 06

59. 07
63. 34
73. 51
60.09
47 80
59. 26
74. 54
46.26
50. 46
50 01
47.56

60 45
64.13
73 06
61.48
51 02
59 43
73.48
46. 53
52. 70
52 62
48 08

60 04
63.40
69 66
62.79
50 35
59 04
72.94
45. 27
52. 40
52 10
47 66

60. 12
63. 30
68 72
62.29
51 11
60 09
73. 50
43.69
52.22
51 19
48.31

60.13
63.30
68 09
62.55
51 40
59 29
73. 41
43.88
51.32
49 48
48. 16

58 71
62 80
67 78
62 24
50 44
60 25
73 81
41.45
49 85
49 08
45 94

' 59. 71
' 64. 09
»• 68. 82
»• 62. 95
r
49. 50
r 61. 57
76.95
45.40
T
50. 78
r
49. 42
r
46. 86

'65.54
'69.58
r 64. 83
•• 52. 52
62.25
79.19
46.82
' 51. 51
r
50. 27
47.30

46.11
51.56

45.89
51.98

43. 70
47 81

45.12
47 59

46. 26
49 98

46. 40
50 00

47.56
51 67

47.36
52 63

43. 58
48 20

'
45. 06
r
48. 77

r 45. 27
50.83

36.99
53.45
64.84
70.38

37. 67
51. 50
65. 57
71.29

37.14
47.33
65. 32
71 15

38.13
50 41
65. 64
71 31

38.09
52 30
66. 68
72 22

38. 06
53 38
66. 39
71 29

39. 02
54 78
66.57
71 68

39.34
53 14
67.48
72 93

38. 02
47 gi
65. 33
69 88

'
39. 47
r
49. 43
rr 66. 34
71.01

75.54
82.29
74.77
68.18
71.67
80.55
83.70
69.52
82.07
46.19
43.29

77.69
85. 13
76. 99
68.43
72. 54
83.21
86. 60
70.18
81.64
45. 92
42.73

76. 27
84 59
75. 13
68. 18
71. 17
81.72
84.68
68. 67
78.76
45. 31
41.83

77.09
85 51
76.57
68.72
71.63
81.28
84.89
69. 46
80.27
45. 85
41.93

79.43
88 65
78.75
69.10
72 45
82. 94
87.14
73.91
86. 26
48.61
45. 57

77.28
83 13
78 18
69. 06
72 11
82.66
86 67
74.19
86.99
49. 54
47 52

77.64
84 19
77.26
68. 81
72.02
82.09
85.63
73. 31
85. 75
50. 19
48. 52

79.06
84 55
79. 55
69. 18
72. 54
82.09
85.50
72.58
83. 46
50. 46
49.15

78 23
85 ' 02
78 21
69. 09
73 ?0
82.34
85 68
71.40
81 90
48. 53
46.57

75,74
58.52
77.23

76.43
60. 36
81.61

76 10
78.24
80.62

74.43
81.84
81.09

79.43
69. 98
86. 28

79 12
73 58
86 39

79. 25
68.97
80.27

80. 59
67. 00
79.26

77 67
62 52
66 68

78. 15
69.59
84. 4(5
85.27
84.31

83 68
70. 63
85.19
84.72
80. 42

78 93
71.72
86 26
86 61
80 20

79 0°
68. 35
81.66
79 30
82. 26

83 85
67. 32
83. 83
79 08
84. 94

84
66
84
81
85

5°
69
74
26
35

go 29
67.60
85. 95
82 73
86. 60

84 57
67. 50
83. 51
79 46
84.57

72.72
58.84
70. 47
71. 73

73.11
59. 97
72. 33
72.88

59. 04
79 34
72 92

73. 1 1
60. 84
72 13
73. 29

"3 92
50 68
i 70 77
75. 20

73. 52
59. 83
70 90
72.82

74.89
59. 29
71 02
73. 28

59. 44
72 21
73. 63

T

r

83 10
69 31
85 °0
82 43
85 92

r

79. 86
- 87. 42
- 79. 96
r 69. 73
* 73. 67
r
75. 22
' 76. 58
* 73. 47
r 84. 96
- 48. 90
- 46. 63

* 80. 45
- 74. 69
70. 25

r

r ft} Q3

- 70. 74
-r 85. 81
84. 42
r
86. 03

74. 31
53 92

r

73.24

r 73. 46

76.17
60. 60

r 39. 60
49. 07
'
67. 76
r
72. 92

r

r

45. 70
49.35

39.20
51.44
68. 48
74.09

r

»• 70. 52
73. 95
•• 85. 19
88.21
rr 75. 30
88. 22
rr 50. 48
48. 49

79. 54
86.21
80.68
- 69. 81
73. 74
- 87. 75
90.78
- 73. 71
87.11
- 50. 28
48.18

«• 78. 03
r 66. 26
64. 27

78.92
58. 71
62.27

- 85 78
- 71. 64
87. 27

85 53
70. 64
88. 1 4
80. 04
88. 31

' 80. 04
r 87. 27
r 80. 80

r

r

r 86. 18

-•87.54

v 69. 70
p 80. 89

* 70. 90
* 85. 05
v 76. 22
P 52. 79

r

76. 42
60. 92
72. 27
- 74. 49

62. 37
79 7]

74. H3

64. 51

65. fi4

65. 44

65. 52

66. 58

60. 42

66. 13

66. 62

66. 49

r 66. 94

- 67. 68

68. 05

51.37
38. 01
55. 23
67.18

50. 80
37. 19
54. 24
67 94

50. 43
36 50
53. 90
67 24

40.
36.
M.
67

92
12
35
13

49. 92
37 59
54. 44

22
°7
53
%

50. 98
37. 44
54. 45
67 37

50. 90
37. 20
54.87
67 74

50 97
37 04
55. 16
69 28

- 51. 68
- 37. 91

r
53. 02
-39.16

67 On

5]
38
51
6<>

- 71.08

- 72. IS

53 25
39. 20
57. 15
71. 48

do

50. 28

50. 36

50 78

51. }?,

51.81

5° 05

52. 14

52. 30

52 03

- 52. 12

r 52. 01

52 55

do
do
do

35. 29
37.38
42. 56

35. 78
37.87
44.72

35. 91

36. 81

36 47

41 36

3f>. 20
37. <?3
4:',. 71

44. 14

44 08

36. 59
37. 96
43. 14

36. 38
38. 00
43. 39

36. 72
38.47
45 22

- 36. 76
-r 39. 00
46. 41

-37.15
- 39. 55
- 47. 01

37 2o
38. 93
44. 79

1. 596
1.684
1.679

1.613
1.707
.730

. 01 5
705
.716

1 . 626
1.712
1 . 724

1. 636

i. 72;;
1.721

1. 6-10
1 . 726
1 . 740

1. 044
1.731
1. 762

1. 656
1. 746
1.780

1.655
1. 742
1.775

••1.658
1 . 7-16
1.790

r
1. 660
- 1. 749
1.795

-r 1 . 049
1. 734
-1.810

1.479
1.485
1.410
1. 560
1. 612
1 . 802

. 515
1.519
.421
1 . 584
1.664
1. 835

. 509
. ,507
.420
. 581
1 650
.816

1.499
1.499
1.431
1.590
1.671
1.826

1.47. r ,
1. 472
1.440
1. 5*5
1. 657
1.842

1 422
1 432
1 442
1. 58.5
1 653
1.852

1.456
1.458
1. 452
1. 591
1. 055
1.841

1. 475
1.475
1. -169
1. 600
1. 669
1. 849

1. 502
1. 498
1. 405
1.602
1. 675
1.834

1. 459
1 . 478
1. 402
1. 606
1.678
1.841

1.532
1. 544
1. 468
1.617
1. 702
1.840

1. ."30
1. 540
- 1. 455
' 1. 620
1.717
- 1. 831

1.872

1 9'?0

1 876

1 . 890

1 S96

1 910

1 885

1 892

1 876

r

1 884

- 1.920

1. 946

1.702

1 699

1 694

1.702

1. 729

1 772

1 759

1 771

T

1. 776

r

1. 787

1.810

Average hourly earnings (U. S. Department of
Labor) :
All manufacturing industries
dollars .
Durable-goods industries
do
Ordnance and accessories.
._ .do
Lumber and wood products (except furniture)
dollars
Sawmills and Dlaiiinor mills
do
Furniture and
fixtures_
-.do
Stone, clav, and glass products
do
Glass and glass products
do
Primary metal industries
do
Blastfurnaces, steel works, and rolling mills J

* 45. 01
P53.15

- 55. 12

r

M.663
* 1.758
P 1.846
P 1. 558
* 1. 472
" 1. 632
* 1.906

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

1. 663

1.682

1.688

1.689

1.697

1.700

1. 705

1.713

1.711

1.718

-1.716

-1.701

» 1. 713

1.685
1. 766
1. 626

1.713
1.788
1.640

1.719
1. 794
1. 645

1.721
1.797
1.653

1. 731
1. 813
1. 666

1.730
1.818
1.676

1.729
1. 828
1. 681

1. 737
1. 839
1. 697

1. 737
1.837
1. 696

1.741
1.843
- 1. 697

1.743
-1.848
- 1. 705

1. 728
- 1.839
- 1. 707

v 1. 846
p 1. 708

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

1.867
1.932
1.777
1.790
1.893
1.635
1.417

1.884
1.948
1. 806
1.788
1. 891
1. 657
1. 426

1.886
1. 948
1. 803
1.830
1. 884
1. 661
1. 433

1.893
1 . 95")
1.819
1.851
1.884
1.670
1.446

1. 906
1.978
1. 827
1. 830
1.907
1. 683
1.462

1. 915
1.989
1.841
1. 839
1. 873
1.687
1. 462

1.914
1. 976
1. 852
1.858
1. 887
1. 703
1. 475

1. 939
2. 001
1. 878
1.878
1.902
1. 714
1. 481

1.928
1.997
1. 859
1.852
1.892
1.708
1. 479

- 1. 936
2. 001
-1.878
-1.858
- 1.884
-1.718
' 1.491

- 1.942
2.011
- 1. 879
-1.858
-1.917
-1.728
-1.494

- 1. 913
1.968
1.887
1.841
1.867
-1.729
1.487

v 1.936

1. 520
1. 524
1.639
1.427
1. 325
1. 433
1.801

1. 522
1. 529
1. 660
1.419
1. 331
1. 448
1. 806

1. 530
1. 544
1. 677
1.428
1.349
1. 446
1.817

1.529
1.543
1. 682
1.421
1.345
1. 466
1.818

' 1. 531
- I. 548
-r 1.691
1.421
T
1.306
r
1. 473
1.841

1. 541
- 1. 553
-1.697
-1.428
- 1. 323
1. 475
1. 859

- 1. 545
- 1. 548
1.713
1. 434
1.290
1.480
1.884

P 1. 544
P 1.541

1.507
1.481
1.491
1. 489
1. 515
Nondurable-goods industries
do
1.508
1.456
1. 450
1.474
1. 516
Food and kindred products. _ .._ . do
1. 667
1.634
1.634
1. 630
1. 653
Meat products
do
1. 372
1.352
1.380
1.368
1. 394
Dairy products
do
1. 292
1.271
1.249
1.338
1. 332
Canning and preserving
do
1.428
1.386
1.400
1.394
1. 432
Bakery products
do
1.836
1.793
1.797
1.778
1.801
Beverages.
do
r
1
Revised.
» Preliminary.
See note " t" on p. S-13; comparable figure for December 1951, $70.47.
tRevised series. See note " t" on p. S-13.
*New series. Data beginning 1947 will be shown later.




JSee note marked "i" on p. S-ll.

r

P 1. 722
* 1. 488

SURVEY OF CURRENT BUSINESS

S-15
19«c52

1951
1950 and descriptive notes are sliown iri the
1951 Statistical Supplement to the Survey

August

September

October

November

December

January

February

March

April

June

July

1.213
1. 345
' 1.337
1. 258

'1.220

' 1 . 332
T
1.270

r I. 247

1. 469

' 1. 260
1. 482

'1.0,56
1.398
'1.598
' 1. 684

1. 051
1.474
' 1. 619
1. 711

' 2. 063
' 2. 391

May

August

EMPLOYMENT AND POPULATION—Continued
WAGES—Continued
Average hourly earnings, etc. — Continued
All manufacturing industries— Continued
Nondurable-goods industries— Continued
Tobacco manufactures
dollars. ,
Textile-mill products
do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
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 psDer and paporboard mills do
Printing, publishing, and allied industries
dollars..
Commercial printing
Chemicals and allied products _
Industrial organic chemicals

do
_ _,do
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
Nonm anufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal. __ _ _
_ __do __
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars
Nonmetallic mining and ouarrving
do
Contract construction
do
Nonbnilding construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph f
do
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
dollars
General-merchandise stores
do
Food and liquor stores
,_do
Automotive and accessories dealers __do
Service:
Hotels, year-round __ _ _ _ _ _ . _ d o .
Laundries
do
Cleaning and dyeing plants _
do
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
dol. per hr
Skilled labor
do
Farm wage rates, without board or room (quarterly)
dol per hr
Railway wages (average, class I) .
..do
Road-building wages, common labor
_ do

1.145
1.310
1.302
1.259

1.133
1.321
1.314
1.263

1.141
1. 325
1. 318
1 269

1.177
1. 335
1.330
1. 275

1. 178
1.341
1. 339
1.272

1.179
1.347
1.336
1 288

1. 184
1. 346
1 333
1 278

1. 199
1. 347
1 330
1 274

1. 198
1. 340
1. 323
1 269

1.288
1.473

1.289
1.481

1. 263
1.471

1.271
1.478

1. 278
1.483

1.289
1. 497

1. 296
1. 489

1.287
1.491

1. 245
1. 465

'1.238

1.048
1.510
1.522
1.596

1.061
1.497
1.532
1.613

1. 061
1.443
1.537
1.617

1.071
1.457
1.548
1.628

1. 064
1. 461
1. 558
1. 634

1. 066
1. 487
1. 562
1.635

1. 069
1. 505
1. 570
1 644

1.072
1. 468
1. 584
1 665

1. 062
1. 398
1.578
1. 658

' 1. 061
' 1. 373
' 1. 587
' 1. 667

1.952
2.267
1.874
1.643
1.748

1. 982
2 307
1.901
1.641
1 778

1. 976
2 305
1. 902
1. 631
1 766

1.992
2 330
1.919
1. 644
1. 773

2. 016
2 364
1.935
1. 653
1.780

2.002
2 322
1.940
1. 660
1 785

2. 022
2 332
1.946
1. 662
1 787

2.043

2.048

2 342
1.974
1. 675
1 800

9 355
1. 980
1.685
1 821

' 2. 069
r
2. 395
'1.999
1.705
' 1. 828

' 2. 005
' 1. 720
1. 835

' 2. 066
2. 388
2. 002
1..728
1. 839

1.984
2. 082
1.708
1.992
1.269
1. 223

2.010
2.107
1.716
1.996
1. 279
1.235

1.998
1.704
1 974
1.280
1 234

1.997
2. 091
1.715
1.982
1. 288
1.237

2. 013
2. 110
1. 794
2. 104
1. 286
1.235

2.021
2. 114
1. S14
2.127
1. 290
1.244

2.012
2 104
1.810
2 112
1.297
1 257

2.017
2 111
1.801
2 097
1. 304
1 270

2. 033
2 126
1. 803
2 084
1.308
1. 269

' 2. 022
' 2. 145
1. 814
' 2. 103
'1.311
' 1. 267

' 2. 083
2. 178
' 1. 832
' 2. 131
1.318
1. 276

' 2. 135
2. 236
' 1. 829
2. 135
' 1. 306
1. 258

1.702
2.225
2.213

1.733
2.219
2.236

1.714
2. 229
2.221

1.715
2. 224
2. 240

1 789
2. 250
2 247

1.786
2 257
2. 244

1.797
2. 232
2 236

1 811
2. 226
2. 239

1. 802
2. 225
2. 230

' 1 . 849
2. 216
2. 263

1. 857
2.224
2. 256

1.944
1.503
2.160
1.997
2.207

2 002
1 532
2.190
2 022
2.236

1 949
1 526
2. 195
2 033
2. 239

1 . 956
1 536
2.219
2. 049
2. 200

2 006
1 530
2 212
2. 033
2. 253

2 027
1 596
2. 236
2 052
9 97ft

2 017
1 526
2. 244
2 058
2 285

2
1
2
2
°

033
541
251
064
299

2 022
1 547
2. 242
2 071
2. 285

' 2. 018
r
1 548
' 2. 223
' 2. 049
' 2. 270

' '>. 077

2. 081
1 556
2. 237
2. 075
2.282

1. 574
1.501
1. 580
1.712

1. 586
1 522

1, 585
1 533
1 633
1. 732

J . 579
1 f>52
1.632
1. 745

1. 583
1. 532
1.630
1. 749

1. 593
] 542
1.612
1.747

} 581
1 554
1 615
1. 759

1 607
1 540
1 614
1 770

1.612
1 545

' 1. 624
1. 566

1 629
1.727

1. 769

1. 585

1 605

1 604

1 606

1 620

1 632

1 637

1 649

1 658

1,259
1.030
1.347
1.483

1.270
1 036
1.356
1.503

1.267
1 0'>7
1. 361
1.481

1. 267
1.029
1. 369
1.482

1. 245
1.014
1. 361
1. 477

1. 287
1. 069
1. 384
1.485

1 281
1 043
1. 382
1.497

1 279
1 039
1.389
1 502

1. 284
1 029
1.393
1. 526

.815
.914
1.056

.834
.917
1.075

.837
.918
1. 069

. 840
. 925
1. 074

852
.926
1.074

. 852
.929
1. 083

.855
928
1.084

856
929
1 082

1.637
2.701

1. 637
2.701

1 645
2,719

1. 646
2. 728

1. 651
2. 751

1. 654
2. 758

1 659
2. 758

1.746

1.794

73
1.748
1.33

1.779

1.801

86
1.807
1.29

492
480

2.096

1

1.198
'1.347

f

1 . 469

r

1.812
2. 243
2. 209

r

r

r 1 57 j
r

2 21 5
T
2. 047
' 2. 262
'1.619

1 . 346
1.337
1. 259

J>1. 169
P 1.349

v 1.286
1. 460

P 1. 621
v 2. 074
v 1. 742
v 2. 137
» 1.850

f I. 323

r 1. 783

1 . 558
1.624
' 1. 808

1. 642
1 583
1 623
1.807

r \ (}57

' 1 667

1 672

r

1. 305
T
1 062
1.406
' 1. 569

'1.319

1. 583

1.318
1 071
1.418
1.571

.858
936
1. 095

' . 803
' . 942
r
1. 105

' . 868
' . 944
' 1. 106

.874
945
1.106

1 664
2 770

1 680
2 774

1 690
2. 797

1 706
2. 808

1 755
2 849

1. 830

1.809

83
1. 788
1 38

1. 802

1.821

87
1. 835
1 41

493
517

458
534

422
544

430
510

416
495

450
539

454
550

357
820

337
860

2,313
1 074
1 046
27
343
896

350
908

352
896

124 664
52 057
72 607

121 433
49 535
71 898

129 870
54 922
74 948

131 960
57 052
74 908

110 578
43 166
67 412

r

1 073

'1.423
r

1 793
2 885

FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil. of dol__
Commercial paper ,.
do. ._
Agricultural loans outstanding of agencies supervised by the Farm Credit Administration:
Total
mil. of dol..
Farm mortgage loans, total
do
Federal land banks
_
..do
Land Bank Commissioner
_.do
Loans to cooperatives ._ _
_.do,.__
Short-term credit
_ do
Bank debits total (141 centers)
New York City _
_ __
Outside New York City

do
__do.._
do

384
368

375
377

347
786

2, 129
1,020
985
35
360
749

111,190
41,363
69, 827

107, 504
41, 145
66, 359

437
435

490
434

399
697

420
660

2,110
1,029
998
32
429
651

408
678

396
718

2,194
1 050
1 021
30
377
766

123 770
47, 971
75 799

117 231
44, 802
72, 428

129 549
53, 500
76 049

1°3 059
48 106
74 953

114 113
45 375
68 738

125 269
50 180
75 089

18 941
23, 783
328
22 729
21 731
48 941
21 004
20 077
634
24, 405
47.9
§ Rates as

49 323
48 590
23, 904
23, 270
598
133
92 514
22 528
°1 992
22 115
49 323
48 590
21 336
20 746
19 982
19 733
728
492
24,423
24 371
48.1
49.0
of September 1, 1952:

398
410

Federal Reserve banks, condition, end of month:
47, 755
Assets, total
mil. of dol
49, 116
48, 740
49, 046
49, 900
24, 309
Reserve bank credit outstanding, totaL._do
25, 058
24, 734
24, 427
25, 009
Discounts and advances
do
624
552
190
186
19
United States Government securities ,_ -do
23, 127
23, 734
23, 552
23, 239
23, 801
20, 611
20, 775
Gold certificate reserves
do
21, 004
21,166
21 468
47, 755
Liabilities, total
_
do
48, 740
49, 046
49,116
49, 900
20, 678
Deposits, total.
_ _ _ . ___ ..do
21,192
21, 453
20, 945
20, 868
19, 181
19, 391
Member-bank reserve balances
do
19, 557
19, 670
20, 056
717
569
Excess reserves (estimated) .
do
497
490
389
24, 020
24, 148
24, 680
Federal Reserve notes in circulation
do.,.
24, 261
25, 064
46.1
45.6
46.4 1
46.4
46.5
Reserve ratio
percent..
r
1
Revised.
» Preliminary.
See note " t" on p. S-13; comparable figure for December 1951, $1.609;
fRevised series. See note "t" on P- S-13.
*New series. Data beginning 1947 will be shown later.




49 213
23, 632
676
22 363
22 106
49 213
21 175
19 940
797
24 332
48.6
Common

49 549
48 939
24, 152
23, 551
59
952
22 273
22 906
99 143
<>2 103
49 549
48 939
20 559
21 412
19 778
19 381
— 192
591
24 826
24 567
48.1
48.8
labor, $1.803; skilled

50 252
50 496
24, 821
25, 216
1 270
1 318
23 146
22 853
29 147
29 146
50 252
50 496
21 952
22 056
20 323
20 411
495
835
25 119
24 843
47.3
46.9
labor, $2.909.

SUEVEY OF CURRENT BUSINESS

S-16
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 1952
1952

1951

August

September

October

November

December

January

February

March

April

May

June

July

August

FINANCE—Continued
BANKING— Continued
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted
mil ofdol
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of doL States and political subdivisions
do
United States Government
do
Time, except interbank, total..
.. ..do _
Individuals, partnerships, and corporations
mil. of dol._
States and political subdivisions
do
Interbank (demand and time)
do
Investments, total
...
__ . .do .._
U. S. Government obligations, direct and
guaranteed, total .
__ _ _ _ mil. of dol
Bills
do
Certificates
do
Bonds and guaranteed obligations
do
Notes
_
do
Other securities. _ ___
._ _.do_ ._
Loans, total
do
Commercial, industrial , and agricultural _ .do
To brokers and dealers in securities
do
Other loans for purchasing or carrying securities
mil. of dol. _
Real-estate loans
do
Loans of banks
do _
Other loans
do
Money and interest ratesro*
Bank rates on business loans:
In 19 cities
percent
New York Citv
do
/ otne o
c
v. ' -- ,

50, 976

50, 533

52, 124

53, 040

53, 370

54, 328

52, 683

51, 162

52, 303

52, 863

51, 708

52, 766

52, 924

51,174
3, 362
2,609
15,635

51, 696
3, 300
3, 747
15, 676

53,517
3, 465
2, 543
15, 829

53, 964
3,466
2,241
15, 792

55, 554
3, 582
2, 225
16, 026

54, 798
3, 694
1, 644
16, 070

53, 646
3, 599
2, 545
16, 205

51, 729
3,710
3, 666
16, 318

52, 913
4,070
3,184
16, 383

53,152
4,021
2, 917
16, 509

52, 818
3, 705
6, 914
16, 631

53. 189
3, 698
4, 793
16, 651

53, 253
3, 558
3, 144
16, 706

14, 741
751
10, 807
37, 572

14,795
734
11,345
37, 926

14,958
719
11,948
38, 565

14,915
720
11,737
38, 772

15,152
712
13,519
39, 056

15, 176
728
11,834
39, 260

15,275
761
11,481
38, 833

15, 385
764
12,042
38,316

15,444
767
10, 998
38, 563

15, 554
780
10,895
38, 983

15, 689
763
11, 990
41,019

15, 687
779
11,274
40, 800

15, 751
765
12, 327
39, 423

30, 930
2,593
2, 239
19,486
6, 612
6, 642
32,916
19,502
1,170

31,212
2, 934
2,493
19, 142
6, 643
6, 714
33, 482
20, 078
1,242

31,926
3, 748
3,010
19,212
5, 956
6, 639
34, 083
20, 571
1,077

32, 082
3, 949
2, 994
19. 185
5, 954
6, 690
34, 488
20, 865
1,148

32, 224
4,129
3, 596
18,531
5, 968
6, 832
35,' 161
21,419
1,340

32, 419
4,319
3, 698
18,456
5, 946
6,841
34, 757
21, 160
969

31,892
3, 855
3, 798
18, 286
5, 953
6,941
34, 693
21,157
1,077

31, 163
3,415
3, 611
18, 220
5,917
7,153
34, 795
21,172
1,278

31,456
3, 624
3, 684
18, 274
5,874
7,107
34, 770
20, 796
1,695

31,719
3, 544
3,728
18,524
5,923
7, 264
34, 8"3
20, 530
1,885

33, 582
3, 734
3,885
20, 016
5,947
7,437
36, 472
20, 567
2,792

33, 267
3, 313
3, 700
20, 288
5, 966
7, 533
35, 315
20, 581
1.988

31,830
2, 492
3,161
20, 184
5,993
7,620
35, 907
21, 231
1,462

698
5,584
518
5,906

692
5, 605
414
5, 915

684
5,653
627
5,950

680
5,670
657
5,949

687
5, 658
5fr1
6,028

667
5, 669
822
6,011

660
5, 652
691
5,999

677
5, 657
540
6,021

660
5,674
438
6, 056

659
5, 690
4P3
6,187

789
5,726
759
6,393

717
5, 764
386
6, 436

782
5,858
586
6,549

1.75
2.47
4.13

3.06
2.79
3.06
3.47
1.75
2. 64
4.13

1.75
2. 66
4.17

1.75
2.69
4.17

3 27
3.01
3 23
3.67
1 . 75
2.71
4.17

1.75
2.73
4.17

1.75
2.73
4.17

1.75
2.72
4.17

1.75
2.71
4.17

1.63
2.26
2.25
2.38

1. 63
2.19
2.25
2.38

1.63
2.21
2.25
2.38

1.03
2.25
2.25
2. 38

1.09
2.31
2.38
2.47

1. 75
2.38
2.45
2. 56

1.644
1.89

1. 646
1.93

1.608
2.00

1.608
2.01

1. 731
2.09

11,867
2,754

11,915
2,738

11,941
2,724

12,018
2, 714

Total consumer credit, end of month— .mil. of doL.
Instalment credit, total
do
Sale credit total
do
Automobile dealers
do
Department stores and mail-order houses
mil. of dol_ .
Furniture- stores
do
Household-appliance stores
do
All other retail stores (incl. jewelry)
do

19, 262
13, 045
7,247
4, 138

19,362
13,167
7, 327
4, 175

19,585
13,196
7, 355
4,134

1,015
859
590
645

1, 028
870
600
654

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

o, 798
2, 521
531
293
217

Discount rate (N. Y. F. R. Bank)
... do .__
Federal intermediate credit bank loans
do
Federal land bank loans
. - do _ _ .
Open market rates, New York City:
Acceptances, prime, bankers', 90'days
do
Commercial paper, prime, 4-6 months
do
Call loans renewal (N Y S E )
do
Time loans, 90 days (N. Y. S. E.)
do...__
Yield on U. S. Govt. securities:
3-month bills
__
- do ...
3_5 year taxable issues
do
Savings deposits, balance to credit of depositors:
New York State savings banks
mil. of dol__
U. S postal savings
- - -do

4. 17

1.75
2.73
4.17

1.75
2.73
4.17

3.51
3.27
3.46
3.90
1.75
2.73
4.17

1.75
2.38
2.38
2. 56

1. 75
2 38
2. 38
2. 56

1.75
2. 35
2.38
2.56

1.75
2.31
2.38
2. 50

1.75
2 31
2.38
2.56

1.75
2.31
2.38
2.56

1.75
2.31
2.57
2.61

1.688
2.08

1 . 574
2.07

1.658
2.02

1. 623
i 1. 93

1.710
1.95

1.700
2.04

1.824
2.14

1.876
2.29

12,175
2, 705

12,208
2, 695

12,267
2, 681

12,531
2, f 33

12, 678
P 2, 619

12, 730
v 2, 601

12, 786
P 2, 587

19, 989
13,271
7, 400

4; 100

20, 644
13,510
7, 546
4,039

20, 1 26
13,314
7 322
3* 962

19,717
13, 185
7,158
3, 927

' 20, 961 P 21, 200
14, 409 * 14. 751
' 7, 820 P 8, 045
p 4, 606
4,446

p 21,393
p 14, 907
p 8, 129
p 4, 620

1 , 056
890
607
668

1,099
908
608
685

1,186
971
613
737

1,129
933
592
706

1, 132
954
r
588
r
700

P 1. 142
p 974
p612
p 714

p 1, 164
pQ91
P626
P728

o, 840
2, 524
' 533
296
221

5,841
"' 535
299
222

5, 871
2, 509
535
299
225

5, 964
2,510
542
301
229

888
1,181
167

894
1,203
169

904
1.191
168

922
1,211
170

3,724
1,398
1,095

3, 696
1,401
1,098

3, 868
1.413
1,108

389
90
49
40
210

351
78
42
35
183

4,165
3,594
50
3,131
806
178

6,524
6,209
42
5,691
707
83

3 45
3 23
3.47
3.79
1. 75

12,438
2, 651

r

19, 565
13, 156
7, 047
3, 891

19, 788
13, 319
7, 099
3. 946

20, 293
13, 806
7.421
4,171

1 082
909
567
673

1,060
893
548
655

1, 064
894
541
654

1, 101
924
551
674

5, 992
2,521
541
300
230

6,027
2, 542
545
301
232

6, 109
2, 593
553
303
235

6, 220
2, (542
568
307
239

6. 385
2, 726
' 589
319
246

r

6r 589
2,838
614
330
254

T 6, 703
P 2, 892
p 631
P 341
P 259

pB.778
p 2. 927
P 646
p 346
p 263

938
1,268
176

951
1,273
176

956
1, 275
176

9=>3
1 , 2S5
177

983
1,302
179

1,004
1,320
181

r

1, 024
1,345
183

P 1, 029
P 1. 366
P 185

P 1,032
p 1.377
p 187

4, 190
1, 422
1,106

4, 587
1,436
1, 111

4, 253
1, 445
1.114

3, 967
1, 448
1,117

3, 855
1, 443
1,111

3,913
1,437
1,119

3,921
1,431
1, 135

3,980
1, 435
1,137

p 3. 891
P 1, 444
P I, 134

p 3. 891
p 1, 461
P 1, 134

373
86
52
40
205

347
83
45
38
228

354
84
50
42
292

393
85
46
38
184

373
91
46
37
181

429
95
52
41
216

429
103
50
39
211

479
116
52
44
236

497
122
56
44
248

P473
p 113
p 53
P 42
P238

P419
P 105
poO
P41
P210

2,708
2,635
52
1,653
885
117

3,951
3,521
47
2,935
805
164

5, 576
5,279
44
4, 599
823
111

5,153
4,953
44
3,944
826
339

6,194
5, 553
43
5,258
805
88

10, 800
9,886
44
9,816
825
115

5,187
4,323
47
4,186
849
105

4, 688
3,809
45
3, 663
828
152

10, 220
9,796
45
9,147
845
183

3.649
3,316
48
2,464
949
188

4, 585
4,050
47
3,546
862
130

5,659
172
359
3,791
1,337

6,930
1,518
361
3,699
1,353

6,742
320
401
3,884
2, 137

5,018
183
362
2,971
1, 502

1 2, 382
2, 069

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

r

r

FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts, total
- mil. of dol
Receipts, net
_.
do __
Customs
do
Income and employment taxes
.. _ _ do
Miscellaneous internal revenue
do
All other receipts
do

5.163
5,483
5,178
5,627
5, 455
5,087
5,105
5,704
6,016
Expenditures, total
.
_ _ do
222
580
497
173
1,057
228
142
350
689
Interest on public debt
do
r
411
427
478
449
'428
404
397
367
396
Veterans Administration
_ _ do. __
3,166
3, 015
3,040
2,628
3,414
3,775
3, 155
3, 425
3,070
National defense and related activities.-.do
T
r
1,409
1,512
1, 527
1. 398
1,103
1,363
1,523
1,412
1,186
All other expenditures
do
'Revised.
* Preliminary.
1 Beginning A prill, 1952, iiicludes 1% percent no teofDecen iber 15, 195.> , a n d 2 ^ {percent borid of Marc b 15, 1956-£ 8.
d"For bond yields see p. S-19.




SURVEY OF CURRENT BUSINESS

October 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-17
1952

1951

August

^P^-

October

November

December

January

F

U

|]?y ~

March

April

May

258, 292
256, 102
219, 356
36, 746
2,191

259, 905
257, 739
220, 540
37, 198
2,167

June

July

August

FINANCE— Continued
FEDERAL GOVERNMENT FINANCE— Con.
PubHc debt and guaranteed obligations:
Gross debt (direct), end of month, total
mil. of doLInterest-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

256, 644
254, 321
219,174
35, 146
2,323

257, 353
254, 958
219,321
35, 637
2,395

258, 298
255, 940
220, 325
35,615
2,359

259, 604
257, 253
221, 391
35, 862
2,351

259,419
257, 070
221,168
35, 902
2, 34S

259, 775
257, 482
221, 249
36, 233
2,294

260, 362
258,136
221, 776
36, 360
2,226

258, 084
255, 794
219, 301
36, 493
2,290

263, 073
260, 908
222, 963
37, 945
2,165

263, 186
261,060
222, 753
38, 307
2,125

32

33

37

43

42

38

37

41

44

45

46

34

39

57, 691
312
436

57, 662
272
390

57, 666
334
410

57, 710
315
364

57. 730
296
401

57, 809
440
492

57, 821
338
410

57,814
330
428

57, 772
313
437

57, 739
292
422

57, 807
364
431

57, 827
367
467

57, 868
356
399

Government corporations and credit agencies:
A ssets except interagency total
mil of dol
Lonns 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

25, 668
13, 906
3,896
1,981
104
494
(i)
755
6,133
720
1,515
2,236
3,472
3,025
1,514

26, 744
14. 422
4,161
2,142
101
488
(i)
814
6,110
779
1,461
2,226
3, 463
3,358
1,813

26, 858
14,422
4 239
2, 363
98
473
(i)
597
6 096
731
1,322
2,422
3 451
3,406
1,835

Liabilities except interagency total
Bonds, notes, and debentures:
Guaranteed by the United States
Other
Other liabilities

do

2,383

2,573

2 499

do
do
do

34
1,399
949

43
1,369
1,161

38
1,214
1 247

Privately owned interest
U S Government interest

do
do

322
22, 962*

329
23, 842

349
24, 010

Reconstruction Finance Corporation, loans and
securities (at cost) outstanding, end of month,
total cf
mil. of dol
Industrial and commercial enterprises, including
national defense cf
- mil. of dol
Financial institutions
-__ -.do
Railroads
do
States, territories, and political subdivisions^©
Republic of the Philippines
do
Mortgages purchased
do
Other loans
._
do

259. 105
256, 863
219, 124
r
37, 739
2,242

866

844

842

844

831

816

803

800

795

778

754

751

753

467
92
102
18
2
71
81
36

455
92
102
18
60
80
37

451
92
102
18
60
80
40

452
91
102
18
60
79
42

447
84
99
19
60
78
44

439
79
99
19
57
78
45

433
76
96
18
57
77
45

432
73
96
19
57
77
46

430
71
95
19
57
76
46

420
68
95
16
57
76
46

425
55
83
16
54
75
46

424
54
82
16
54
74
47

427
53
82
16
54
74
47

66, 455
59, 701

66, 777
59, 961

67, 181
60, 347

67, 476
60, 514

67, 983
60, 919

68, 554
61, 385

68, 907
61,734

69, 250
62, 125

69, 604
62, 500

69, 959
62, 789

70 334
63 083

70, 774
63, 590

71, 123
63, 855

«•r 58, 703
37, 573
12,410
10, 166
10, 548
3,044
Ml, 572
739
15, 365
1,310
14, 054
2,167
T
1, 362
r
1, 498

58, 975
37, 652
12,326
10, 050
10, 587
3,065
11,675
721
15,518
1,319
14, 198
2,175
1,378
1,531

59,282
37, 776
12, 229
9,956
10, 647
3,088
11,812
735
15, 676
1,330
14, 347
2,182
1,401
1,511

59, 556
37, 759
12, 060
9,829
10, 703
3,111
11, 885
851
15, 851
1, 338
14, 512
2,190
1,408
1,497

59, 999
37, 946
11,871
9, 657
10, 781
3,134
12, 160
848
16, 027
1, 350
14, 676
2,193
1,426
1,559

60, 350
38, 056
11, 767
9, 561
10,814
3, 150
12, 326
924
16,185
1, 357
14,828
2, 199
1,432
1, 554

60, 640
38, 187
11,706
9, 514
10, 846
3,164
12, 470
851
16. 336
1,375
14, 961
2, 200
1,445
1, 615

60, 938
38, 385
11 588
9,436
10 909
3,182
12 706
785
16, 459
1,388
15 071
2 217
1 464
1,628

61,237
38, 587
11,546
9,409
10, 961
3,185
12, 895
773
16, 583
1,406
15,176
2,226
1,471
1,597

61,547
38, 692
11,275
9,151
11,030
3,196
13, 190
780
16, 719
1,423
15, 296
2,236
1,483
1,637

61 857
38, 780
11 096
8 989
11 066
3 238
13 380
847
16 852
1 439
15 413
2 246
1 498
1 633

62, 201
39, 079
11,134
9,007
11,109
3,251
13, 585
750
16, 976
1,454
15 521
2, 254
1 510
1,634

62, 495
39, 184
11,131
9,025
11,184
3, 253
13,615
758
17, 082
1, 463
15, 619
2, 262
1,520
1,688

2,135
251
424
1,460
93
323
321
128
174
58
142
53
167

1,923
189
449
1,285
81
284
284
118
155
54
116
47
145

2,256
226
481
1,549
104
347
336
132
195
75
132
54
174

2,398
398
453
1,547
102
357
328
139
184
76
128
54
177

2,478
477
436
1, 565
101
333
333
152
199
68
138
60
181

2 031
191
382
1,458
102
333
314
126
166
60
149
52
156

2,179
244
454
1,481
99
329
333
129
179
61
140
53
160

2 495
246
530
1 719
113
384
363
144
207
72
178
69
190

2 571
339
497
1,735
115
406
367
142
209
69
168
63
197

2,803
582
537
1,684
111
388
349
147
205
67
161
64
191

2 589
'442
464
1 683
113
382
355
148
203
69
161
60
192

2 442
351
420
1 671
115
377
358
148
198
67
156
62
189

2 319
312
442
1 565
99
334
336
141
190
64
154
61
187

338, 501
154 506
33 809
8 845
31 200
52 947
57.' 1 94

318, 461
145 944
31 584
8 229
29 886
47 978

LIFE INSURANCE
Assets, admitted:
All companies (Institute of Life Insurance), estimated total J
mil. of dol
Securities and mortgages t
- -_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
TJ. 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, estimated total §
mil. of dol
Group§. _
_ _ _
_ do
Industrial§
_ _ . _ __
do
Ordinary, total
do
New England
do.
Middle Atlantic
do
East North Central
.
do
West North Central
do
South Atlantic
do
East South Central
do
West South Central
do
Mountain
do
Pacific _ _
do

Institute of Life Insurance:
Payments to policyholders and beneficiaries,
364, 248
estimated total
thous. of dol_. 327, 525
288, 393
315, 371
327, 648
329, 638
344, 261
389 502
366, 424
336, 714
339, 822
148,811
Death claim payments _
do
122,338
136, 825
141,621
147, 059
167' 995
148 934
155 851
149 388
150 656
148 980
39, 785
35, 119
Matured endowments
do
40 377
42 448
37 549
46 560
38 111
38 984
37 479
41 738
35 126
Disability payments
_
. d o
8,580
7,453
8,605
8,311
7,988
8 273
9 887
8 666
8 367
8 351
8 651
29, 426
26, 483
29 545
Annuity payments
do
27 987
30 560
38 294
28 819
29 175
30 671
30 826
31 177
Surrender values
_ do
50, 231
42, 855
51, 965
52 774
46 769
47, 712
58 473
50' 648
57 169
55 895
50 453
50, 692
54. 145
Policv dividends
do
55' 149
50.458
53. 980
72! 4S9
(\P( 42*
50. 097
73. 992
101. 391
fis! 952
r
2
Revised.
i Less than $500,000.
Includes data for United Kingdom.
cf Includes loans under the Defense Production Act of 1950.
^Revisions for January-July 1950 are shown in corresponding note in the October 1951 SURVEY.
§Revisions, available upon request, are as follows: Total insurance written, January 1949-January 1951; group, January 1950-January 1951; industrial, 1949.
222127°—52
3




54. 840

SUE-VET OF CURRENT BUSINESS

S-18
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 1952
1952

1951

August

September

October

November

December

January

February

March

April

May

June

July

August

FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Association of America:
Premium income (39 cos.), totaL._thous. of dol_Accident and health
-do
Annuities
do
Group
do_
Industrial
-- do
Ordinary
_ do

517,615
62, 341
57,154
46, 426
'61,906
r
289, 788

508, 393
48, 730
60, 247
37,410
77, 350
284, 656

519, 296
56, 990
61, 955
45, 518
72, 254
282, 579

526, 031
59, 737
73, 785
41, 151
60, 787
290, 571

743, 465
71, 169
148, 522
48, 449
115,161
360, 164

549,118
53, 541
90, 144
60, 164
63, 880
281, 389

540, 742
58, 392
72, 425
47, 211
66, 827
295, 887

647, 575
63, 831
84, 833
52, 941
87, 382
358, 588

520, 597
61,474
65, 077
46, 677
62, 142
285, 227

583, 172
65. 448
65, 718
46, 683
85, 525
319, 798

617, 890
60, 836
71,293
46, 790
88,711
350, 260

550, 760
62, 430
86, 209
52 221
56, 801
293, 099

560. 435
65, 307
67 3P2
43, 687
79, 894
304, 155

21,854
136,976
19, 183
15,533
65, 669
39,112
12,078
6,351

22, 013
176,654
3,462
14, 341
63, 252
37,819
12, 564
6,100

22, 233
243, 381
26, 326
7,896
65, 992
38, 646
13, 243
6,330

22, 382
188, 370
9,366
7,302
63, 237
38,214
13, 033
5,415

22, 695
289, 861
2, 375
8,800
62,312
37, 773
13, 160
4,850

22, 951
137, 452
13, 223
76, 864
62, 527
38 741
12, 410
4,962

23,190
23, 290
152, 219 -103,092
17, 805
1,473
168, 129
158,600
61,024
36 602
38, 830
12,343
12,765
4,647
4,848

23, 297
—75, 357
1,313
97, 932

23, 296
27, 084
2,824
30, 060

23, 346
19, 266
3,445
40, 051

23, 350
-31,394
1, 580
26, 047

23 344
—32, 620

38 557
12, 710
4,961

12, 806
5,147

12, 475
5,461

6,403

194

678
4,807

250

88

89

513

142

6, 975
.881

6, 284
.880

6,125
.880

6,177
.880

8,126
.880

r

.902

3, 656
.880

157

587
4, 678
.880

1,535
4,680
.854

215
5,038

2,006
1,107
2,835

1,896
6, 562
2,585

1,983
4,493
3,079

1,977
3,414
3,134

1,968
5,547
3,219

1,788
3, 338
3,766

2,016
2,605
3,430

2, 081
5,318
3,854

r

2, 529
4,768
4,043

2,246
3,199
3,273

1,764
3,976
3,292

3,307

28, 155
185, 200
2,300
6,000
177,000
91,400
60, 300
25, 300

28, 288
187, 300
2,200
7,200
177,900
92, 000
60, 500
25, 400

28, 417
189, 200
2,100
5,500
181,600
95, 000
60, 900
25, 700

28, 809
190, 500
2,100
5, 600
182, 700
96, 300
60, 600
25, 800

29, 206
193, 404
2,279
5,141
185,984
98, 234
61,447
26, 303

28, 386
v 191, 600
p 2, 100
T 4, 300
"185,200
p 97, 900
p 61, 700
v 25, 600

28, 464
p 192, 200
P 2, 200
P6,300
P 183, 800
p 95, 100
p 62, 700
P 25, 900

28, 767
p 192, 900
p 2, 300
p 6, 300
p 184, 400
p 95, 300
p 63, 000
p 26, 000

29, 026
p 195, 000
p 2, 300
P 7, 300
p 185, 300
P 95, 800
P63 500
P 26, 000

28, 978
p 197, 300
P 2, 600
p8, 900
p 185, 800
p 95. 700
p 63. 800
p 26, 200

29, 293
P 197, 000
p 2, 600
P 8, 200
P 186, 200
P 95, 800
P 64, 100
p 26, 300

27.0
20.0

31.7
21.8

30.4
20.9

31.4
22.0

37 9
22.6

30.1
20.6

34.4
21.1

34.3
21.3

38.6
22.2

35.1
20.7

31.4
20.2

1 519
1 393
1?381
1 137

810
461
461
202
56
203

MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, TJ S
mil of dol
Net release from earmark §
thous. of dol
Gold exports
.
do. _.
Gold imports
do
Production reported monthly total
do
Africa
do
Canada find Newfoundland)
do
United States
do
Silver:
Exports
do
Imports
do. __
Price at New York
dol. per fine oz._
Production:
Canada(incl. Newfoundland) -thous. of fine oz
Mexico
.- _ _ _ do.
United States
do
Money supply:
Currency in circulation
mil. of dol
Deposits and currency, total
__ do _
Foreign banks deposits, net
do
U S Government balances. _
_ do_
Deposits (adjusted) and currency, total. -do
Demand deposits, adjusted __ _ _
do
Time deposits
do
Currency outside banks
._
do
Turn-over of demand deposits except interbank and
U. S. Government, annual rate:
New York Citv
_ ratio of debits to deposits..
Other leading cities
. ..
. -do _ _ _

6,616
.902

r

28, 465
28, 473
P 191, 500 p 192, 300
v 2, 200
p 2, 200
p 5, 900
v 7, 100
' 183, 400 p 182, 900
p 95, 700
P 94, 800
P 62, 400
v 62, 000
P 25, 600
P 25, 700

32.5
21.4

34.0
22.0

r

236
5, 733
.829

.828

.833

PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Federal Reserve) :t
Profits after taxes total (200 corps ) mil. of dol
Durable goods total (106 corps.) .
do _
Prlmarymetalsand products (39 corps ) do
Machinery (27 corps )
do
Automobiles and equipment (15 corps ) do
Nondurable goods total (94 corps )
do
Food and kindred products (28 corps ) do
Chemicalsand allied products (26corps.) do
Dividends total (200 corps )
do
Durable goods (106 corps )
- do
Nonduranle goods (94 corps )
do
Electric utilities, profits after taxes (Fed. Res.)t
mil of dol
Railways and telephone cos. (see p. S-23).

762
428
176
73
142
334
46
111
127

932
565
217
123
185
368
52
125
148

475
273
203
168

r

r

314
T
40

r

129

622
337
29
8°
189
285
49
105
111

567
325
242

482
273
210

476
269
205

226

257

214
411

r

r

815
501
220

81
170

108

•

SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding)
mil. ofdoL.
New capital, total
do
Domestic total
do
Corporate
do. _
Federal agencies
__ _
__
do
Municipal, State, etc
do
Foreign
. _
do ..
Refunding, total
_ . _. _do
Domestic total
do
Corporate
.- .
do. .
Federal agencies
.
do
Municipal State etc
do
Securities and Exchange Commission-^
Estimated gross proceeds, total
By type of security:
Bonds and notes, total . - _ - . _
Corporate
_.
Common stock
Preferred stock
By type of issuer:
Corporate total
Manufacturing
_. _
Public utility
Railroad
Communication
__.
Real estate and
financial
Noncorporate, total
U. S. Government
State and municipal

'694
501
r
459
''SOS

r

0
151
43
192
192
20
172
1

986

1,288

966
937
463
107
368
29
322
322
16
288
18

976
836
815
517
0
297
22
140
140
47
89
4

1,093

1792

642
337
40
265
50
194
194
20
170
4

883
838
562
0
276
45
211
205
83
102
19

1,232

930
929
541
39
349
1
302
302
10
71
221

855
697
667
346
36
285
30
158
158
74
76
8

1 220
1 139

994
812
38
144
145
81
81
13
63
4

1 576
1 273
1 237

1

1 584
1 278
1 109

704
80
452
36
303
299
40
257
2

677
56
376
119
306
306
151
144
11

587
38
615
11
158
155
3
141
U

9

9Q

24
12

19Q

126
50
74
2

349
349
153
188
7

do

1,351

1,619

1,789

1,638

1,780

2,194

1,698

1,649

2,336

2,494

2,452

6, 325

1,096

do .
do ...
do
do

1,219

1,554

1, 555

1,368

324
31
35

422
106
127

403
105
166

1 534

636
132
104

2,063
474
48
83

1 425

2 139

376
55
77

1, 545

2 248

2 ^55

748
161
63

771
135
61

870
163

1 017

652
112
84

6 135
1 010

508
233
152
92
3
28
843
656
152

390
160
128
30
8
15

655
314
201
18
16
63

673
220
267
76
37
15
965
655
302

871
487
260
23
26
24
909
601
296

605
354
186
17
2
15

478
291
112
29
3
13

do
do
do
do
do__
do
do
do
do

314
154
10

972
967
1 116
S73
353
570
400
271
281
190
12
34
6
48
&
20
57
40
1,134
1, 230
1 589
1 220
677
1 368
1 378
765
651
1, 024
967
515
' 722
928
269
397
222
565
397
396
145
r
Revised.
P Preliminary.
i Includes International Bank securities not shown separately.
§0r increase in earmarked gold (—).
^Revisionsfor 1939—1st quarter of 1951 for manufacturing corporations and electric utilities and for January-March 1951 for SEC data will be shown later.




1,409
1 251
1 239

157
33

273
50
29

848
291
355
52
29
70

1 200
' 333

352
98

1 603

978

5 125
4 898

95
20
ji
745
544

694

' 99P,

901

222
46
494
64

-I f\A

SUEVEY OF CURRENT BUSINESS

October 1952

1951

Unless otherwise stated, statistics through
1951 Statistical Supplement to the Survey

S-19

August

September

October

19 52

November

December

January

February

March

April

May

June

July

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 groups:
Manufacturing, total
do
New money
do
Retirement of debt and stock
do
Public utility, totaldo
New money
do
Retirement of debt and stock
do __
Railroad total
do
New money
do
Retirement of debt and stock
do
Communication, total
_
.
do
New money
do__ _
Retirement of debt and stock
do
Real estate and financial, total
do__ _
New money
do
Retirement of debt and stock. _ _ d o
State and municipal issues (Bond Buyer) :
Long-term
_
_. thous. ofdol
Short-term
do

500

381

639

660

856

595

469

954

951

1,097

836

1,182

344

436
342
94
50
21
27
3
14

343
286
58
33
18
15
0
5

548
404
144
65
10
53
2
26

570
488
83
72
42
29
1
18

771
682
90
55
42
11
2
29

559
487
72
23
8
15
0
13

413
278
134
49
35
13
1
7

875
655
221
60
15
45
(0
19

844
613
'232
83
9
70
3
24

925
735
189
163
126
38
0
9

747
553
194
84
38
46
0
5

1, 131
971
161
44
32
12
0
7

218
166
53
117
107
4
5
9

230
198
31
150
139
11
9
9
0
3
3
27
12
3

156
142
14
127
124
3
30
30
0
8
8
0
14
11
3

306
263
41
197
178
18
18
16
2
15
15
(0
62
48
2

214
180
30
262
251
11
76
61
15
37
37
0)
14
11
1

480
428
34
255
240
15
22
22
0
25
24
1
23
18
3

349
331
11
184
177
7
17
17
0
2
2
0)
14
11
1

285
238
43
110
107
3
29
29
0
3
3
0
13
12

366
336
20
393
365
28
12
12
0
6
6
0)
20
15
2

350
329
15
265
256
7
34
34
0
47
45
3
56
55
0

559
502
56
276
256
20
119
41
78
26
26
0
40
34
5

287
255
31
349
331
17
51
16
35
29
29
0
70
68
0

327
307
19
216
214
1
46
46
0
491
491
0
62
37
23

95
64
24
102
99
3
94
10
85
19
19
0
10
6
3

156, 214
84, 760

249, 434
36, 315

381, 580
191, 104

299, 109
210, 915

265, 503
215, 196

574,694
93, 863

303, 614
156,037

150, 618
200, 194

456, 005
172, 674

406, 484
232, 726

637, 232
120, 022

245, 344
266, 630

200, 855
228, 160

163
458

249
308

220
340

286
454

242
380

248
338

220
304

191
286

219
364

198
286

229
378

233
461

233
349

1,260
816
624

1,290
843
640

1,291
853
653

1,279
805
649

378
1,292
816
695

1,289
809
633

1,280
790
652

1,293
756
734

1,315
756
818

1,312
725
847

365
1,327
708
912

1,387
692
1,126

1,338
675
926

99.23
99.73
73.66

98.72
99.22
72.93

98.29
98.78
73.00

97.82
98.30
72.65

97.43
97. 92
72. 44

98.01
98.49
73.48

97.83
98.30
73.39

98.26
98.75
73.07

98.87
99.36
73.75

98.82
99. 31
73.70

98.61
99.10
73.69

98.43
98.88
75.52

98.14
98. 57
76. 12

117.1
132.1
98.90

118.0
132.0
99.10

116.9
131.3
98.22

115.3
131.6
97.52

114.8
130. 9
96.85

115.6
130.8
96.27

116. 5
132.1
96.77

115.9
131.5
96.87

116.2
132.7
97.95

116.3
131.9
98.91

116.2
130.9
98.32

116. 0
130. 4
98.40

115.8
128.6
97.09

53, 065
60, 666

54, 075
62, 621

66, 533
79, 818

47, 052
56, 942

58, 376
71, 347

63, 229
75, 892

51,332
61,626

51, 113
59, 745

59,014
71 124

61, 104
72, 093

52, 971
62, 064

51, 585
58, 329

100, 320
191 867

51,120
57, 957

52, 560
60, 534

64, 609
75, 600

45, 275
53, 328

56, 026
67, 670

60, 802
72, 524

49, 298
58, 610

49, 640
57, 821

57, 456
67 299

59, 632
69 663

51, 432
59, 968

50, 210
56 686

98, 416
99 742

52,111
0
52,111
45, 548
6,515

56, 211
0
56, 211
49, 960
6,192

67, 291
10
67, 281
58, 350
8,867

48, 559
0
48, 559
41,895
6,613

60, 525
3
60, 522
54, 325
6,079

66, 971
68
66, 903
59, 389
7,399

49, 109
0
49, 109
42, 912
6, 174

58, 123
30
58, 093
52, 190
5,858

61 624
0
61, 624
55 621
5 918

59 323
0
59, 323
53, 321
5,933

62, 055
0
62, 055
55, 580
6,410

62, 242
0
62, 242
55, 573
6 544

59 136
0
59, 136
52 793
6 269

99, 271
97, 580
1,399
100, 045
97, 846
1,899

97, 925
96, 290
1,347
99, 197
97, 050
1,847

97,511
95, 876
1,345
99, 206
97, 063
1,843

97, 151
95, 427
1,339
99, 318
97, 075
1,843

95, 634
93, 920
1, 332
98, 158
95, 920
1,839

96, 269
94, 537
1,349
98, 221
95, 985
1,836

96, 1 58
94, 431
1,344
98, 292
96, 060
1, S32

96, 699
94, 978
1, 338
98, 415
96, 183
1,831

97, 355
95 625
1 347
98, 466
96 239
1 827

97,311
95, 583
1,345
98, 474
96, 249
1 825

95, 964
94, 238
1,343
97,315
95, 092
1 823

100, 273
98 401
1 439
101, 871
99 516
1 905

100, 537
98 656
1 448
102, 444
100 091
1 902

3.12

3.08

3.13

3.20

3.25

3.24

3.18

3.19

3.16

3.16

3.17

3.17

3.18

2.88
2.92
3.17
3.50

2.84
2.88
3. 15
3.46

2.89
2 93
3.18
3 50

2
3
3
3

96
02
26
56

3.01
3 06
3.31
3 61

2
3
3
3

2
3
3
3

2
3
3
3

2
3
3
3

2
3
3
3

2
3
3
3

2
3
3
3

2
3
3
3

2.92
3.13
3.31

2.89
3.09
3.27

2 93
3.14
3 31

2 97
3 21
3 42

3 00
3. 24
3 50

3 00
3 23
3 48

2 97
3 19
3 38

2 99
3 21
3 36

2.00
2.04
2.57

2.05
2.05
2.56

2.04
2.08
2.61

2 07
2 07
2.66

2 11
2 10
2.70

2 08
2 10
2.74

o 07
2 04
2.71

2 05
2 07
2.70

0)

(0

r
r

COMMODITY MARKETS
Volume of trading in grain futures:
Corn
Wheat _

mil. of bu
do

SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)

Customers' debit balances (net) _
Customers' free credit balances
Money borrowed

.do
do
do

Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
total §
dollars-Domestic
.
do
Foreign
do
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al-j-issues) :
Composite (17_bonds)
dol. per $100 bond__
Domestic municipal (15 bonds)
do
U. S. Treasury bonds, taxable
. ._
--do
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous. of dol_.
Face value
do
New York Stock Exchange:
Market value
do
Face value
do
New York Stock Exchange, exclusive of stopped
sales, face value, total §
thous ofdol
TT. S. Government
do
Other than U. S. Government, total§
do
Domestic
do
Foreign
do
Value, issues listed on N. Y. S. E.:
Market value, total, all issues§
mil. of dol__
Domestic
_- ._.do
Foreign
do
Face value, total, all issues §
_ 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 bonds)
...
do
Standard and Poor's Corp. (15 bonds) _do.
U. S. Treasury bonds, taxable
do

98
05
32
59

93
01
25
53

96
03
24
51

2

93
01
20
50

93
00
20
49

94
03
20
50

95
04
19
50

94
06
21
51

2 97
3 IP
3 3°

2 97
3 19
3 31

2 98
3 20
3 32

9 99
3 20
3 33

3 00
3 20
3 34

2 03
2 01
2! 64

2 10
2 05
2.57

2 15
2 10
2! 61

2 15
2 12
2! 61

2 28
2 22
2.70

r
1
2
Revised.
Less than $500,000.
Beginning April 1, 1952, series based on taxable bonds due or callable in 12 years and over; prior thereto, 15 years and over
{Revisions for January-March 1951 will be shown later.
ISales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included also in computing average price of
all listed bonds.




SURVEY OF CURRENT BUSINESS

S-20

October 195.

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October

1952
November

December

anuary

February

March

April

May

June

July

August

FINANCE—Continued
SECURITY MARKETS— Continued
Stocks
Cash dividend payments publicly reported :J
Total dividend payments
mil. of dol
Finance
_
do_._
Manufacturing
do
Mining
do
Public utilities:
Communications
do
Heat light, and power
do
Railroad
- _ do __
Trade
do
Miscellaneous
_
_
do
Dividend rates, prices, yields, and earnings, 200
common stocks (Moody's):
Dividends per share, annual rate (200 stocks)
dollars. .
Industrial (125 stocks')
_
do. __
Public utility (24 stocks)
do
Railroad (25 stocks)
- .-do
Bank (15 stocks)
do
Insurance (10 stocks)
.
do

214.9
40.6
102.4
2.5

1,148.4
81.1
701.2
92.2

533. 9
104. 5
213.4
7.3

243.3
53.4
113.7
1.7

1.819.6
21 2. 6
1,134.4
152.1

505.7
107.4
169.6
4.7

181.4
42.3
64.4
2.3

1, 202. 1
75.9
813.5
97.6

533. 5
93.0
195. 2
8.2

233.5
44.8
117.7
3.4

1, 176. 4
79.8
754.0
97.6

541.7
127.0
198.5
6.8

230. £
50.3
106.1
3.3

.7
47.3
7.8
7.8
5.8

40.0
66.0
35.9
50.4
21.6

82.3
56. 2
13.0
42.0
15.2

.7
49.4
10.9
8.2
5.3

41.7
80.9
69.6
80.9
47.4

83.4
53.2
17.8
56.8
12.8

.7
46.3
7.1
15.0
3.3

25.5
74.2
51.6
39.8
24.0

89.8
57.6
24.1
53.9
11.7

.8
48.6
3.3
10.4
4.5

42.4
76.2
55.8
45.6
25.0

88.9
55.9
12.4
38.7
13.5

.8
49.1
6.4
10.4
4.4

4.11
4.45
1.88
2.58
2.63
2.73

4.12
4.47
1.90
2. 55
2.63
2.73

4.09
4.43
1.90
2. 55
2.63
2.73

3.92
4.19
1.90
2.58
2.63
2.73

3.88
4.13
1.90
2. 55
2.64
2.84

3.92
4.18
1.90
2.55
2.64
2.84

3.92
4.18
1.89
2.64
2.64
2.84

3.92
4.19
1.91
2.65
2.60
2.84

3.94
4.21
1.91
2.65
2.60
2.84

3.95
4.22
1.91
2.67
2.63
2.84

3.96
4.22
1.91
2.69
2.64
2.88

3.96
4.22
1.91
2.69
2.64
2.88

3.96
4.22
1.92
2.71
2.64
2.87

70.10
74.46
33.13
40.76

69.73
74.09
32.87
41.57

67.97
72.07
32.94
39. 79

67. 80
71.48
33.26
39.97

69.94
74.24
33. 85
40.00

70.90
75. 09
34. 42
42.26

68.39
72.00
34.41
41.59

71. 35
75. 63
34.73
45.28

68.29
71.73
33.97
43.80

69.96
73.59
34.57
45.49

72.61
77.01
34.65
47.68

73.47
78.01
35.09
47.97

72.57
76.52
36.15
47.70

5.86
Yield (200 stocks)..
percent..
5.98
Industrial (125 stocks)
do .
5.67
Public utility (24 stocks)
do
6.33
Railroad (25 stocks)
._ do
4.67
Bank (15 stocks)
do
3.20
Insurance (10 stocks)
_ _ _ do
Earnings per share (at annual rate), quarterly:
Industrial (125 stocks)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividind yields, preferred stocks, 11 high-grade
4.13
(Standard and Poor's Corp.)
percent..
Prices:
95.19
Dow-Jones & Co., Inc. (65 stocks) .. dol. per share-264. 92
Industrial (30 stocks) ._
do
45. 06
Public utility (15 stocks)
do
80.53
Railroad (20 stocks)
do
Standard and Poor's Corporation:
Industrial, public utility, and railroad :§
181. 5
Combined index (480 stocks) .. .1935-39 =100..
198.3
Industrial total (420 stocks)
do
190.7
Capital goods (129 stocks)
do. _
168.0
Consumers' goods (195 stocks)
do
114.4
Public utility (40 stocks)
do. _
147.1
Railroad (20 stocks)
do
105.8
Banks, N. Y. C. (16 stocks) _
_ .. do _
196.7
Fire and marine insurance (17 stocks)
do
Sales (Securities and Exchange Commission)-.
Total on all registered exchanges:
1,626
Market value
_ - mil. ofdoL.
Shares sold
thousands. . £9, 483
On New York Stock Exchange:
1,393
Market value
mil. of doL
44, 583
Shares sold
thousands-Exclusive of odd lot and stopped sales
33,642
(N. Y. Times)
_ _ thousandsShares listed, New York Stock Exchange:
Market value, all listed shares
mil. of dol.. 108, 307
2,568
Number of shares listed
millions. .

5.91
6.03
5.78
6.13
4.70
3.28

6.02
6.15
5.77
6.41
4.77
3.44

5.78
5.86
5.71
6.45
4.64
3.47

5. 55
5.56
5.61
6.38
4.45
3.47

5.53
5.57
5.52
6.03
4.41
3.38

5.73
5.81
5.49
6.35
4.50
3.41

5.49
5.54
5.50
5.85
4.41
3.37

5.77
5.87
5.62
6.05
4.58
3.41

5.65
5.73
5.53
5.87
4.57
3.30

5.45
5.48
5.51
5.64
4.56
3.18

5.39
5.41
5.44
5.61
4.52
3.21

5.46
5.51
5.31
5.68
4.39
3.15

Price per share, end of month (200 stocks) _ _ d o
Industrial (125 stocks)
do
Public utility (24 stocks)
do .
Railroad (25 stocks)
do

6.36
2.44
4.71

8.09
2.44
12 94

6.50
2.49
5.75

6 68
2 47
5 61

4.16

4.19

4.23

4.28

4.26

4.22

4.16

4.07

4.04

4.04

4.09

4.12

98.11
273. 36
45.40
83.91

97.82
269. 73
46.04
84.25

94.44
259. 61
46.22
79.73

96.73
266. 09
46.72
82.30

99.39
271. 71
48.61
84.81

98.31
265. 19
48.87
85.05

100. 02
264. 48
49.80
89.55

100. 24
262. 55
49.13
92.19

100. 87
261. 61
49.29
94.61

104. 26
268. 39
49.81
100.30

106. 25
276. 04
49. 86
101.85

107. 10
276. 70
50.75
102. 95

187.3
205.2
197.1
172.9
115.8
152. 8
108.0
199.0

185.0
202. 3
193. 3
171.4
115.2
154.7
106.4
191.0

177.7
193.3
182.6
164.6
114.7
144.2
109.0
186.3

182.5
199.1
189.4
167.6
115.5
150.5
110.2
192.0

187.1
204.3
192.4
169.2
117.0
155. 4
115.4
197.6

183. 2
199.1
184.7
166.0
117.5
155. 0
114.5
196.9

185.2
201.4
184.4
167.2
117.7
161.3
113.3
199.6

183.6
199.4
180.7
166.3
116.7
164.6
110.9
198.4

183.7
199.2
181, 7
166.1
117.1
166.9
111.1
203.7

187.6
203.9
186.9
168.8
116.2
173.7
111.6
211.7

192.1
209.7
192.7
173.5
116.9
175.2
112.8
215.4

191.1
207.8
191.4
174.8
118.6
175.3
114.7
215.4

1,707
66, 385

2,045
85, 294

1,413
65, 122

1,501
63, 170

1,922
71, 188

1,598
62, 651

1, 451
64,450

1,647
66, 676

1,262
59, 431

1,283
56, 850

1,317
61, 433

1, 154
41, 576

1,445
48, 204

1,714
60, 208

1,196
47, 449

1,279
44, 886

1,618
49, 431

1,351
42, 296

1,219
43, 464

1,373
41,601

1,077
43, 060

1,098
42, 325

1,122
45, 916

978
29, 433

r

36. 395

42, 531

25, 677

30, 083

37, 141

27, 195

29, 513

28, 963

23, 586

25, 516

24,115

20, 905

108, 911
2,581

106, 439
2,592

106, 309
2,604

109, 484
2,616

111, 580
2,627

108, 471
2,634

113, 099
2,644

107, 848
2,661

110, 690
2,691

114, 489
2,706

115,825
2,728

114,506
2,736

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)
5,047
3,849
459
739

5,520
4, 130
670
720

5 310
4 1R7
422
721

5 244
4 093
457
694

do
do
do
do

3, 671
2,677
90
904

3,593
2,645
111
837

3 870
2 968
89
813

3 836
2,841
99
896

Balance on goods and services

do

+1,376

+1, 927

+1, 440

+1,408

Unilateral transfers (net) total
Private
Government

do
do
do

-1,218
-90
-1,128

-1,204
-114
-1,090

—916
-96
—820

—1 318
-97
— 1,221

U S long- and short-term capital (net) total do
Private
do
Government
do

-37
-10
-27

—502
-422
-80

375
—235
-140

—693
-485
-208

-2

+404

+173

+489

-292

—709

Exports of goods and services total

mil of dol

Income on investments abroad
Imports of goods and services total
Merchandise adjusted
Income on foreign investments in U. S
Other services

Foreign long- and short-term capital (net)

do

do

Increase (— ) or decrease (+) in U. S. gold stock
mil of dol

+173
+84
Errors and omissions
do
••Revised.
*> Preliminary.
tRevisions for dividend payments for January-March 1951 will be shown later.
§Number of stocks represents number currently used; the change in the number does not affect the continuity of the series.




551

—104

+229

+218

SURVEY OF CURRENT BUSINESS

Dctober 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-21
1952

1951

September

August

November

October

December

February

January

March

April

May

June

July

August

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE
Indexes
Exports of U. S. merchandise:
Quantity
Value _
Unit value.—
Imports for consumption:
Quantity
Value
Unit value
Agricultural products, quantity:
Exports, domestic, total:
Unadjusted
Adjusted
Total, excluding cotton:
Unadjusted
Adjusted
Imports for consumption:
Unadjusted
Adjusted

1936-38=100do_ —
_ do _
do
do
do
1924-29=100do___
do
- do
do
do __

250
517
207

249
501
202

232
469
202

279
565
203

281
586
208

r 247

509
206

••262
' 542
207

'436

139

313

118
364
307

141
425
301

135
403
298

131
390
299

149
446
300

90
99

106
86

117
81

136
103

148
116

155
151

157
125

149
113

158
138

107
116

91
95

102
103

11, 171
7,642

10, 931
6 673

1,269

1,232

'279
'578
207

'262
'544
208

'287
'595
208

231
473
205

199
411
206

147
' 440
298

157
474
302

154
456
296

142
411
290

145
418
289

143
407
284

129
123

125
151

121
143

95
120

104
129

81
110

56
75

157
141

157
163

164
207

178
213

139
169

159
181

121
148

102
130

102
108

93
92

121
116

120
118

122
110

118
112

104
106

107
116

101
113

10, 605
7 873

9,400
6 899

8,309
6 322

8,473
7 705

7,346
6 894

8,207
7 338

8, 211
7 673

9,462
8 049

8,450
8 083

6,946
7 542

1,152

' 1, 387

1,438

' 1, 252

' 1, 466

1,164

T

Shipping Weight

Water-borne trade:
Exports, incl. reexports^
General imports

thous. of long tons—
do

r

Value

Exports, including reexports, total!
mil. of dol—
By geographic regions:
Africa
- --thous. of dol
Asia and Oceania
__do_ _
Europe
do_ .
Northern North America
do
Southern North America
do_ _
South America
- do __
Total exports by leading countries:
Africa:
Egypt
-do_ _
Union of South Africa
do
Asia and Oceania:
Australia, including New Guinea
do
British Malaya
do _.
ChinaO
do. __
India and Pakistan
do_ —
Japan
do
Indonesia
do
Republic of the Philippines
do
Europe:
France
- do_
Germany
do_ —
Italy
—
do
Union of Soviet Socialist Republics
do
United Kingdom
do. _
North and South America:
Canada
do
Latin-American Republics, total
do
Argentina
—
do
Brazil...
do
Chile
do
Colombia
do
Cuba
.—do
Mexico
do
Venezuela
do. ..
Exports of U. S. merchandise, total! mil. of dol—
By economic classes:
Crude materials
_.
thous. of dol —
Crude foodstuffs
_ do. _
Manufactured foodstuffs and beverages. _ _do
Semimanufactures 9
do_ _ _
Finished manufactures 9
__do_
By principal commodities:
Agricultural products, total
do
Cotton, unmanufactured
do
Fruits, vegetables, and preparations
do
Grains and preparations
do
Packing-house products
_
do_ _
Tobacco and manufactures*
do _ _ _

58, 191
200, 481
306, 987
202, 829
146, 970
198 322

' 58, 454
34, 204
' 205, 740 ' 182, 733
' 328, 986 346, 768
' 200, 233 214, 669
' 136, 488 ' 131, 270
177, 214 * 133, 844

' 46, 390
51, 379
' 271, 537 r 294, 444
' 377, 369 r 439, 696
r
208, 175 ' 180, 642
' 155, 995 ' 155, 186
187, 113
205, 633

55, 557
48, 346
71, 799
r
223, 4bO r 258, 238 r 238, 846
'386,014 r 340, 248 ' 373, 171
' 192, 422 ' 203, 736 r 227, 215
' 136, 435 r 151, 888 ' 159, 127
r
152, 748 ' 188, 542 ' 200, 362

10, 624
' 25, 459

7,534
13, 859

5,609
' 18, 897

4 033
21, 503

7 718
22, 166

14, 983
6,003
0
42, 076
34, 237
15, 341
35, 335

13, 936
4,887
0
' 36, 971
39, 456
r
16, 222
' 35, 812

14,304
3,648
0
41, 422
41, 128
7,177
27, 044

24, 673
5,139
(i)
78, 027
' 58 166
T
12, 412
32, 579

26, 026
5,047
0
82, 097
55 251
12 606
41, 028

' 19, 368
3,884
0
r
69, 625
r
44 693
10 343
' 23, 045

33 193
44, 727
24 825
0)
99, 809

40 812
47 482
r 34 722
0
96 012

r
32 285
32 295
' 41, 277 ' 49, 220
24 253
20 711
(i)
2
r
78, 000
97, 170

202, 826
330 140
25, 220
69, 125
15 902
19 355
43 071
64 391
39 025

r

1,260

200, 197
298 028
19 723
74, 292
11 625
17 145
38 829
59 538
32 524

214, 623
r 252 864
13 904
51, 822
7 647
13 191
39' 912
T 62 726
27 636

1,222
r

152, 392
118, 190
78, 471
149, 517
761, 147

207, 568
' 106, 397
65, 570
T
145 234
r
696 890

276 985
32, 139
17, 099
128, 156
19 554
36, 312

r 307 785
70 787
16, 738
r
116 035
18 734
50, 650

r

r
r

272, 782
98, 249
61, 709
127, 285
584 538

r
r

r 48 341
55 299
r 44 122
5
103 044

174
355
558
073
641
949
993
891
122

r igo 641
r 342 788
18 878
81 924
19 346
20 256
44 168
r 63 502
39 235

' 1, 377

1,428

208
r 327
21
71
12
18
48
r 62
40

' 1, 445
r

r

r

r

349 603
116 856
21, 332
103, 925
16 292
60, 985

415 986
165 771
20, 978
119 634
24 724
46 000

168
167
540
574
657
939

r

193, 725 ' 171, 959
r
' 10, 645
9, 431
22, 294
21, 163
r
46, 348
36, 481
15, 692
12, 059
' 88, 981 r 82, 152

r

r

214, 356
9,574
24, 406
47, 227
17,391
103, 476

' 237, 952
10, 557
' 28, 477
r
49, 002
18, 303
r
118, 798

214, 603
10, 818
27, 251
T
42, 731
r
19, 764
r
104, 267

34, 408
145, 877
173, 967
210, 072
138, 970
131, 629

4 419
17, 738

3 564
13, 175

' 17, 352 ' 20, 973
4,002
3,792
0
0
' 78, 827
66, 817
r
51 065
51 988
' 11 800 12, 455
' 25, 543 25, 275

' 17, 362
3,215
0
' 47, 376
* 64, 035
9,971
21, 225

' 14, 430
3,240
0
' 37, 951
' 78 114
' 10,046
21, 404

11, 583
1,714

10, 128
3,129

29, 040
56 Oil
9 267
25, 780

18, 205
34 138
12, 756
23, 020

r

' 34 349 36 328
31, 191
22, 132
r 37 398
' 48 893
(i)
2
T
' 54 608
57, 632

27 977
27 7,15
49 496
3
41 522

16 917
20 148
19 267
(i)
32 695

43 142
40 801
48 362
2
87 006

29 283
47 137
r 41 Q71
'2
75 810

' 1, 240

r

1,015

44, 050
185, 467
250, 342
249, 278
137,015
139, 958

' 5 015
' 19, 522

' 227 196 242 081 '
r 343 583 r 306 026
15 138
13 211
' 74 784 ' 65 575
11 083
15 125
18 349
20 843
44 035
48 697
58 987
r 65 611
r 47 156
44' 977

' 1, 322
T

' 1, 408

228 038
T
130 '213
r
74, 109
r
139 260
r 750 303

T

T 819

r 378 434
132 039
T
19 473
r 146 557
26 936
23' 684

r 372
T 94
19
r
183
23
21

r

1,152

210
253
7
40
8
18
45
52
38

009
782
730
082
171
172
014
435
451

' 1, 003

341

142
102
58,
129
719

627
165
618
620
150

87 049
72, 353
59, 376
108 167
675 614

263
195
383
533
498
324

T 296
73
18
r 145
16
14

T 317
68
22
r 165
14
21

243
55
24
107
12
20

173
740
857
312
144
087

169
10
20
84
13
21

r 160 116

338
752
261
176
303
644

504
084
242
833
666
879

r\ 030 429 rl 133 978
104, 080
' 104, 987
' 68, 266 ' 69, 503
43 128
48 512
T 71 770
r 74 872

1,059

534
287
634
668
414
070

909 007
89, 248
65, 073
48 016
50 779

833 025
69, 854
60, 313
38 398
29 866

264 374
231 876
14, 543
15, 728
34, 118
27, 689
' 56 299 51 568
23, 302
20, 605
r
107 408
125 740

212 764
13 394
20, 633
48 731
20 025
101 569

r

1,070

o

157 579
151,944
' 68, 541
153 893
r 919 525

243, 726 r 264 465 r 238 860
T
12, 332
13, 872
13, 927
' 29, 740
34, 684
30, 698
r
r
r
52, 645
53, 875
51 155
' 20, 287 ' 23, 550
21, 275
' 116 625' 126 394 T 111 879
r

264 698 249 028
259 504
314 096
13 398
9 156
57, 825
43 231
12 218
8 287
21 231
17 904
43 821
40 983
56 103
65 843
44 537
42 148
' 1, 451

' 1, 327

o

157 558
' 137, 995
56, 354
r
161 789
r 813 072

188 038
r
176 398
r 64, 346

Nonagricultural products, total
—do __ ' 982 732 r 913 875 r 794 958 r 960 816 T 968 157 T 862 698 r 943 489 r\ 035 976
Automobiles, parts, and accessories §d" —do
103, 270
101, 188
75, 819
r 97, 906
r 99, 081
77, 987 ' 101, 234 ' 109, 788
Chemicals and related products c"
do
91,811
' 85, 636
90,358
71, 246
89, 030
' 76, 200 ' 78, 664 ' 80, 859
Coal and related fuels* _. . —
do _ —
63 467
65 190
71 653
61 365
52 262
58 747
45 331
44 868
Iron and steel-mill products
do
r 78 382
48 614
T 62 802
r 62 168
54 605
45 973
56 445
67 534
217, 108
Machinery, total§c?
do
15, 301
Agricultural
_ __ —do _ _
22, 956
Tractors, parts, and accessories §
do
51,
545
Electrical §cf
do
Metal working
—
do — . 15, 346
'
100,
054
Other industrialcf
do

' 58, 616
50, 757
' 220, 724 ' 227, 161
' 272, 795 ' 313, 810
242, 089
264, 760
' 147, 395 157, 216
' 175, 944
174, 466

r

10, 320
20, 825

' 192 422 r 203 736
T 274 314 r 323 981
14 143
14 750
r
57 904
75 328
r 12 094
10 460
15 722
20 957
r 49 427
r 39 866
r 56 992
T 55 840
r
43 400
r 33 666

r 377 jg6
r 148 899
r
20 141
T 130 256
27 048
25 886

' 1, 337

5 757
' 7 521
' 17, 524 ' 29, 070

41 079
63 151
41 611
5
78 569

' 299 513 r 336 272 T 255 504
109, 339 ' 109 195 r 128 094
T
73, 422
69, 724
60, 466
148 106 ' 161 459 r 137 139
r
r
751
674
r 658 692
746 421

r 460
213
20
r us
r 27
43

' 1, 421
r

8,639
25, 530

r

' 1, 335

~~
~~

r
r
85, 145
83, 540
69, 763
73, 278
74 137
65 018
64, 207
Petroleum and products
do
70 896
74 343
' 63 018 70 074
71 352
62, 354
62, 891
49, 742
' 69, 960
72, 721
Textiles and manufactures
do
56, 162
' 59, 900 ' 69, 591 57. 290
' 53. 894
42, 697
48. 051
' Revised.
1 Less than $500. <fTotal exports and various component items include shipments under the Mutual Security Program (formerly the Mutual Defense Assistance Program)
as follows (mil. of dol.): August 1951-August 1952, respectively—115.3; 81.2; 58.8; 84.1; 59.6; 65.0; 78.7; 94.2; 153.7; 230.6; 112.5; 129.2; 159.9. Beginning July 1950, certain items classed as "special
category" exports, although included in total exports, are excluded from water-borne trade and from area and country data.
O Including Manchuria beginning January 1952.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
*New series. Data prior to August 1951 will be shown later.
§Excludes "special category" exports not shown separately for security reasons.
cfData beginning January 1951 have been adjusted to conform to the 1952 revision of the export schedule.




SUKVEY OF CURRENT BUSINESS

S-22
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 195
1952

1951

August

September

October

November

December

January

February

March

May

April

June

July

August

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
1

FOREIGN TRADE— Continued
Value—Continued
-880,769 - 721, 260 I
General imports, total
__ thous. of dol
By geographic regions:
40,225 ! 26, 035
Africa
do
- 229, 673 - 158, 177
Asia and Oceania
do
- 161,108 I - 146, 460
Europe
- - do
- 192, 633 r 171, 890
Northern North America
do
- 84, 410
75, 948
Southern North America
- - do
172, 721 r 142, 750
South America
- - - - - do
By leading countries:
Africa:
789
275
Egypt
-do - - 7, 857
5,472
Union of South Africa
- - - do _ _
Asia and Oceania:
39, 265
7,105
Australia including New Guinea
do
39, 001
32, 228
British Malaya
- - - do _ _
1,634
1,241
ChinaO
- - do
24, 394
17, 487
India and Pakistan
_ _ _ _ do
18, 246
- 12, 306
Japan
_ _ _
_
do
f
29, 667
19, 689
Indonesia
- - -do
- 22, 553
19, 201
Republic of the Philippines
do
Europe:
24,812
16, 332
France
- -- - do
- 21, 203
- 18, 454
Germany
- - - do
10, 698
9, 502
Italy
- - do
3,259
1,141
Union of Soviet Socialist Republics
do
- 39, 504
r 33, 270
United Kingdom
do North and South America:
- 192, 320 r 171, 252
Canada
- - do
Latin- American Republics, total
do _. - 244, 425 r 208, 156
10, 486
8,221
Argentina
- do . _
65, 706
- 62, 978
Brazil
do _ 18, 247
13, 863
Chile
- - - do
33, 563
22, 851
Colombia
- -- -- - do
40, 381
34, 512
Cuba
- - do
18,
787
20, 554
Mexico
_ _ _ _ _ _ d o _
25, 827
22, 208
Venezuela
- - do
893,
365
- 746, 036
Imports for consumption, total
do__._
By economic classes:
- 289, 173 r 237, 621
Crude materials
do
- 145, 470 - 122,047
Crude foodstuffs
- - do
Manufactured foodstuffs and beverages -.-do_ _ _ - 88, 646 - 76, 219
Semimanufactures
- do . ! r' 205, 000 r 169, 268
140, 880
Finished manufactures
do . . 165,076
By principal commodities:
- 414, 698 r 333, 806
Agricultural products total
do
17, 779
6,868
Cocoa or cacao beans incl shells* _ do_ - \
87, 990
80, 719
Coffee
- - do
14, 540 1 - 14, 223
Hides and skins
do
r
76, 837
59 570
Rubber crude including guayule
do
30, 063
Sugar
do __ - 38, 282
- 57, 816
34, 142
Wool and mohair unmanufactured _ do
r
r
478, 667
412, 230
Non agricultural products total
do
8,061
5,406
Furs and manufactures
- do
Nonferrous ores, metals, and manufactures,
57, 997
total
thous. of dol- - - 78, 175
- 30, 725
25, 671
Copper incl ore and manufactures do
10, 251
5,860
Tin including ore
- _-do
35, 297
31, 191
Paper base stocks
-- - - do
47, 695
38, 758
Newsprint
- do
44, 664
43, 122
Petroleum snd products
do

- 833, 561
r

40, 388
r
143, 743
^ 147, 880
218, 308
r 90, 176
* 193, 065

660
r 9, 712

14, 919
- 27, 867
1,136
r 19, 945

- 14,373
19, 389
- 17, 383

- 818, 544 1 - 800, 629
r

37, 775
34, 967
f 146, 718 - 151,799
' 157, 334 r 153,046
r 199, 688 r 190, 085
r 88, 337
r 93, 283
177, 449
* 188, 693

812
- 11,078

r 83, 476
18, 437
- 34, 257
35, 509
T
26, 428

- 89, 611
18, 197
34, 611
27, 152
25, 822
- 827, 181

70, 427
- 23 346
14, 287
36, 403
50, 009
51 081

15, 676
27, 839
2, 336
25, 352

10, 459
32, 890
1, 663
22, 873
16, 984
29, 120
26, 801

10 814

13, 159
15, 661
12, 576
1,611
37, 635

12, 684
17 099

48, 216
16, 290
21, 697
57, 131
32, 836
32, 936
843, 220

210, 425
237, 953
12, 178
49, 431
13, 102
24, 246
40, 437
30, 800
32, 131
857, 259

190 757
268 683
15 100
49, 574
22 453
33, 176
36 730
25, 755
32 731

231, 668
135, 926
105, 828
203, 498
166 299

- 243, 288
149, 603
94, 516
199, 645
170 207

213, 860
149 360
97, 012
199 799
175 083

115,485

353 198
21, 291
76, 128

344 843
22, 303
82, 679

6
75
41,
37,
527

49 046
50, 893
31, 579
490 022

- 186, 970
>• 293, 779

- 177, 265
- 288, 100

8,294

7,309

- 800, 223

-31,033
47, 951
48 415

35,215

440 029

9,536

21, 284

r 195, 485
- 292, 942
r
9, 945
74, 507
80, 426
13, 502
- 20, 292
- 33, 950
28, 329
* 32, 473
41, 927
36, 177
- 39, 686
- 30, 222
-31,027
r 901, 437 -971,397

T

r

6,352

- 435 698
20, 992
138, 108
4, 238
80 730
43, 382
33, 850
- 535, 699
- 8, 079

r 78, 895
- 22 774
- 5, 244
31, 727
43, 246
53 717

- 132, 381
- 27, 391
22, 370
29, 326
44, 960
55, 321

436, 838
19, 274
- 134, 147

17,071

5,493
80 393
r 25, 749
37, 906
T
477, 750
6,571
- 65, 581
r
28, 625

2,552
- 33, 477
42, 230
60 458

439 197

r

153, 943
- 4, 026
73 821
29, 394
33, 648
462 240

42, 297

3,699
27, 422
- 14, 932
28, 098
16 624

13, 940
16, 434
12, 593
- 3, 139
- 39, 961

r 79, 253
- 204, 964
r
167, 563

- 193,714

'

r

- 16, 009

T

- 65, 183
r
19, 859
7,871
- 30, 483
44, 799
48 103

r

r

21,921

- 270, 459
- 207, 041
75, 511
- 185, 931
T
162 495

- 59, 750
21 799
4,156

r 164 887

5,068

- 190, 080
r
249, 596
7,912
85, 000
- 11, 693
36, 596
13, 325
- 32, 850

f 360 194
10, 533
138, 847
5, 154
43 997
7, 566

- 183,283

- 39, 094

- 31, 128

- 379 218
10, 378
- 127, 046
5 828
54 489
24, 379
30, 583
r
447 963
^ 5, 899

r

r

21,916

1,150

- 269, 095

- 213, 085
- 185, 180
r 80, 746

r

12, 293
65, 314
4,911
22, 905
- 18, 540

'39,017

- 216, 242
r 187, 554
58, 588
- 183, 533
r
154, 304

- 257, 026
r
167, 293
- 93, 550
- 192, 737
T
161 758

- 9, 764
52 906
30, 207
42, 153
482 634
7,515

16,605

13,019
506

30, 577
- 41, 284
- 34, 098
r 914, 588

47, 234
157, 056
156, 770
191 404
99, 374
184, 204
7 548

r 15, 020

27,014

836, 043

54, 123
181, 317
159, 892
210, 970
107, 033
146, 905

i

766
8,652

-11,242

42,011

860, 240

43, 370
168, 924
149, 273
195, 517
129, 294
148, 392

2,367
7,809

- 20, 351
- 17, 682

r 69, 839
22, 246

834, 771

2,973
8,994

- 12, 979
2,251
- 35, 446

r 14,811

40,318

'31,244

4,902

- 932, 854

76, 649 i
56, 085
205, 720 r 203, 049
- 169, 576
174, 429
r
195, 583 - 189, 792
r
137, 915
135, 787
r
177, 856 - 173, 712

T

- 14, 179
- 12, 833

15, 172

11,844

-963,299

18, 907
- 10, 052

- 28, 069
14, 520
23, 281
17, 213

6,843

r 117,024

178, 065

22, 437
- 17, 466
29, 704
r
14, 626

r 199, 672
- 260, 008

389 731
4,013

131,474

8,518
- 38, 434

6,643

872, 365

68, 605
182, 938
153, 682
177, 268

9,616
22, 486
26, 479
r 16, 907
2,719
4,725
- 19, 134
19,317
' 15, 645 - 14, 233
20, 075
17, 297
15,882
15, 858

217, 924
264, 914

r

68, 408 1
r
172, 689
* 176, 237
- 186, 971
r 127, 202
r
190, 380
16, 453

r 13, 587
17, 003
12, 364
- 3, 130

30,119

-892,033

r

1, 063
- 6, 529

r 15, 489
- 20, 123
7
8, 912
3, 311
r 33, 438
r

* 921 , 887

300, 390
- 194, 068

92,714
-215,678
r
168, 547

16,064
23, 445
22, 348

14,010

11,202

- 14, 949
12, 371

15, 936
10, 679

2,220

805

47, 267

43, 422

- 189, 682
- 290, 462
10, 900
- 66, 865

195, 514
257, 240

9,208

15,124
28, 071
47, 531
37, 497
- 35, 694
- 936, 120
- 293, 547
172, 612

91,061
- 206 379
- 172 522
408 335
17 900

r

r

8,275
21,013
1 424
25, 296
18, 957
18 856
25 973

12,412
1 508
40, 374

835,114

7,767

6,500

7,293

328 522
10' 161
95 442
5 832
32 558
43^ 724
27 645
506 592
7 168

129,090

116, 138
21, 763
22, 384
25, 569
44, 484
58 290

122, 110
20, 857
34, 388
24, 703
50, 938
55 079

126, 292
41 986
32, 037
21, 546
50 191
53 913

223
927
832
711
785

24 906

31,076
24, 649
45, 587
- 60 156

4,496

6,532 '
52 132
43, 653
23, 339
512 416

817 OC

815, 40(

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Airlines
Operations on scheduled airlines:
30, 290
30, 896
Miles flown, revenue
thousands _
32, 551
30, 973
31, 529
32, 144
32, 221
17, 783
17, 909
19, 121
18 484
16 269
17,853
19, 106
Express and freight carried
short tons
11, 492
11,911
11,318
Express and freight ton-miles flown thousands..
12, 203
12, 444
11, 734
11,165
5,688
5,993
5,029
5,871
4,938
7,966
5,717
Mail ton-miles
flown
do
1,664
1,571
1,960
1,895
1,576
1,520
1,895
Passengers carried, revenue §
do _
812, 028
934, 584
919, 952
834, 298
851,723
799, 871
Passenger-miles flown, revenue
_ - do __ 956, 974
Express Operations
18, 725
17, 389
18, 273
22, 746
Operating revenues _
__
. thous. of doL
17, 845
20, 061
20, 143
65
76
37
44
Operating income
- do_ __
146
77
97
Local Transit Lines
10.6010
10.
6642
10
6813
10. 7032
10. 8224
Fares average cash rate
cents
10 8808
11 0560
r
r
- 1,014
- 1,099
- 1 072
1, 008
1, 100
- 1, 068
Passengers carried, revenue §
millions
- 1,006
114, 800
127, 800
130, 200
139, 200
128, 500
123, 900
Operating revenues _ _
_ _ _ thous. of dol__ 124, 800
Class I Steam Railways
Freight carloadings (A. A. R.):d"
r
r
3,155
3,522
Total cars
thousands
4 120
3 313
3 478
2 828
2 886
Coal
_ _ _
_do
642
760
'740
653
627
587
- 606
82
Coke
do
-82
66
66
65
-64
64
- 182
175
165
172
••240
189
198
Forest products
do
-269
219
195
Grain and grain products
do
-202
210
240
197
r 44
51
- 59
Livestock
_
do
46
34
33
73
-446
312
- 337
202
70
76
Ore
- do_
118
304
331
285
- 372
- 291
294
Merchandise 1 c 1
do
263
1,664
- 1, 928
1,524
- 1, 573
1,747
Miscellaneous.
do
1,405
1,463
r
d
Revised.
Deficit.
©Including Manchuria beginning January 1952.
*New series. Data prior to August 1951 will
cf Data for August and December 1951 and March, May, and August 1952 are for 5 weeks; other months, 4 weeks.
§ Revised data for January-July 1951 are as follows (millions): 1,151; 1,039; 1,166; 1,097; 1,113; 1,040; 985.




33, 363 - 33, 887
19, 247
19, 142
13, 039 - 12, 887
5,681
- 5, 649
1,733
- 1, 889
926, 746 - 994, 729

32, 274
- 34, 058
17,815
18, 341
11, 700
11, 442
5,109
5,527
2,062
1,831
973, 389 -1,116,764

20, 090
46

19, 982
19

19, 958

*5

19, 592
2

19, 505

11.0852
- 1, 062
126, 500

11. 1922
- 1,053
129, 400

11.2579
r
1,050
128, 300

11. 3820
962
118, 000

11 4477
- 921
117, 300

11 7810
919

2 912
498
53
175
162
36
211
297
1.480
be shown later,

3 677
607
68
201
204
42
403
350
1,803

2 608
478
22
179
232
26
96
278
1,298

2 236
317
15
170
255
24
44
257
1.155

3 882
613
58
243
263
42
447
364
1.852

3 624
686
79
218
234
37
105
377
1,888

d

4

SURVEY OF CURRENT BUSINESS

October 1052
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-23
1952

1951

August

September

October

November

December

January

February

March

April

May

June

July

August

TRANSPORTATION AND COMMUNICATIONS—Continued
TR AN SPORT ATION— 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
Gondolas and open hoppers
do.
Car shortage, total
do
B o x cars
___ _ _ _ _ _ do
Gondolas and open hoppers
do
Financial operations:
Operating revenues, total
thous. of dol
Freight
do ...
Passenger
do
Operating expenses
_ __ _ do__
Tax accruals, joint facility and equipment rents
thous. of dol- Net railway operating income
do
Net income J
_ __
do _
Operating results:
Freight carried 1 mile
mil. of ton-miles
Revenue per ton-mile
cents
Passengers carried 1 mile, revenue _ __ millions

137
122
206
155
151
64
313
47
145

144
130
209
153
148
107
308
48
154

146
134
202
152
154
128
267
48
157

140
140
218
149
156
88
174
47
149

123
127
216
128
135
65
73
43
134

128
133
214
139
146
64
64
44
138

126
120
203
140
137
57
69
47
140

124
111
198
141
128
53
75
48
142

123
103
163
142
115
65
195
47
139

124
101
178
131
116
59
292
45
138

111
96
68
144
165
45
82
44
122

104
75
56
147
183
45
73
43
116

129
101
154
157
145
61
323
46
141

133
122
215
148
140
67
209
47
144

133
130
211
142
132
81
205
46
143

135
134
206
144
154
83
180
46
144

137
140
218
152
159
70
180
46
144

133
127
206
144
143
68
235
44
142

141
133
203
155
146
67
256
46
151

136
120
192
146
140
72
277
49
149

133
111
196
141
139
66
257
47
149

126
103
166
142
130
73
212
46
141

122
101
179
126
132
66
212
45
137

108
96
69
139
161
56
53
44
119

102
75
57
146
153
56
46
43
115

125
101
160
149
134
65
216
46
140

4,422
1,412
0
18,154
7,531
9,359

3,640
164
4
14, 902
4,181
9,231

2,593
86
19
19, 045
6,235
10, 168

3,375
203
4
8,586
2,459
5,311

7,855
1, 456
298
3,889
1,201
2, 336

11, 255
3,396
1,859
3, 906
1, 430
2,014

8, 185
1,012
2,084
3 992
1,747
1 550

9,264
2,161
1,516
2,621
845
993

17, 100
4 108
3,339
1 874
365
857

24, 363
11,153
2,554
2,296
704
959

28, 136
14, 669
6,372
2,933
1,865
717

40, 311
7,477
26, 642
2,070
1,490
448

17,418
2,114
7,888
6,156
2,448
3,429

910, 171
' 758, 862
83, 830
r
698, 423

855, 929
716, 394
74, 092
660, 408

965, 552
816, 182
71, 129
699, 508

903, 864
743, 296
71, 795
672, 482

902, 095
689, 298
88, 238
649, 044

867, 034
712, 906
82, 343
685, 369

844 966
704, 301
73 470
649 687

875, 471
729, 286
74, 077
675, 135

847, 478
702, 145
71 906
667, 433

870,315
720, 138
75, 955
676, 418

814, 338
663, 869
81, 702
645, 934

790, 718
644, 792
80, 482
634, 398

899 734
744, 841
80 548
663 359

r

129, 061
82. 687
55, 497

119, 797
75, 725
50, 255

144, 144
121, 900
97, 840

136, 373
95, 008
68, 058

118, 479
135, 172
150, 661

1 15, 598
66, 067
41, 364

119,385
75 895
49 244

123, 697
76, 639
50, 239

107, 732
72 313
45, 341

110, 927
82, 970
54, 342

100, 529
67, 875
48, 988

95, 357
60, 963
35, 469

131, 334
104 939

60, 017
1.326
3,287

58, 131
1.298
2,918

61,838
1.374
2,718

56, 740
1.369
2,697

52, 664
1.372
3, 354

54, 700
1.367
3,089

54 089
1 370
2,697

55, 949
1.372
2,759

52, 147
1 412
2,684

54, 557
1. 393
2,802

47, 293
1.475
3,065

44,817
1.524
3,076

2,774
1,179

2,685
1,210

2,729
1,289

2,571
907

2,915
1,205

2,637
1,004

2,619
1 Oil

3,115
1,130

3,039
1,035

2,979
1,188

2,948
1,256

2,649
762

2,948
1,256

6.68
79
243

6.58
83
246

6.79
85
244

6.83
77
243

6.18
65
218

6.37
77
242

6.39
79
240

6.24
77
225

6.74
79
251

6.20
78
266

6.70
79
260

6.39
72
237

7.15
76
255

95, 978
75, 493

86, 849
51, 862

65, 535
46, 549

53, 587
52, 188

i 50, 857
54, 537

1 61 682
71 370

i 65, 249
68, 599

i 61, 610
72 209

i 58, 893
79, 967

18, 020
24, 670
3,474

19, 001
17,398
1,681

25, 847
19, 602
842

28, 347
18, 364
353

26, 501
17, 592
216

24, 862
27, 374
'232

19 205
31,r 638
299

23, 897
44, 164
'346

20, 431
48,r 658
559

29, 361
4,270

787
9,531

785
9,567

794
9,663

788
9,579

780
9,531

985
12, 072

886
10 808

867
10, 655

326, 328
187,231
116, 208

320, 205
188, 477
108, 331

335, 579
194, 221
117, 636

334, 449
196, 380
113, 990

341,381
199, 422
117, 526

339, 151
198, 907
115,814

332, 063
196 952
110 319

235, 864
37, 815
39, 889

225, 658
29. 429
40, 066

238, 005
38, 970
40, 279

235, 785
39, 647
40, 451

242, 793
40 855
40, 679

240, 030
39, 077
40, 127

16, 360
15, 057
456

15, 725
14, 623
371

17, 173
15,009
1,395

16, 120
14, 679
720

17, 423
15, 548
1,317

2,142
1,712
224

2,184
1,674
315

2,366
1,665
509

2,235
1,669
378

2,455
1,984
365

2,453
1,946
400

2,569
2,022
441

2,532
2,036
388

T

r

Waterway Traffic

Clearances, vessels in foreign trade:
Total U S ports
thous. of net tons
Foreign
do
United States
do
Panama Canal:
Total
thous. of long tons. .
In United States vessels
do
Travel

Hotels:
Average sale per occupied room
dollars..
Rooms occupied
percent of total __
Restaurant sales index
same month 1929=100..
Foreign travel:
U S citizens arrivals
number
U S citizens departures cT
do
Emigrants
do
Immigrants
do
Passports issued
_ _
do__ _
National parks visitors
thousands
Pullman Co.:
Revenue passenger-miles
._ millions
Passenger revenues
thous of dol

1

51,315
44, 084

1

1

76, 484
109 740

18, 898
51, 528
1, 075

18, 361
45, 330
2,455

34, 150
4,008

762
9,343

763
9,446

809
10, 145

682
8, 618

345, 353
202, 195
118, 143

343, 596
203, 861
114 762

352, 525
205, 171
121 895

351, 732
206, 102
119 781

231 914
39 702
40 314

238, 954
42, 437
40, 516

234, 873
43 627
40, 662

248, 667
41 238
40, 847

245, 862
42, 238
40, 966

16, 789
15, 191
717

15,875
14, 328
716

16, 801
14, 923
1,016

10, 384
12 894

15, 839
14, 544
474

15, 847
15, 101

3, 247

2,448
1,730
517

2,199
1,752
236

2,114
1,733
192

2, 237
1,759
274

2,155
1,702
251

2,250
1 722
270

2,081
1,766
105

2,164
1,880
60

2,726
2,156
495

2,669
2,099
443

2,510
2,013
372

2,592
2,094
388

2,433
2 066
252

2,546
2 156
271

2,517
2 056
340

2, 585
2 084
388

r

COMMUNICATION S
Telephone carriers :O
Operating revenues
Station revenues
Tolls message
*

thous. of dol
do
do

Operating expenses before taxes
do
Net operating income
do
Phones in service end of month
thousands
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous. of dol
Operating expenses incl. depreciation
do
Net operating revenues
_ do
Ocean-cable :
Operating revenues . __ _ _
do_ _.
Operating expenses incl. depreciation
do
Net operating revenues
do
Radiotelegraph:
Operating revenues
_ __ ._
do. __
Operating expenses incl. depreciation
do
Net operating revenues ... do_ __
r

7,233
10, 243

d

8, 698

A

*47

Revised.
» Preliminary.
<* Deficit.
1 Data exclude arrivals via international land borders.
JRevised data for July 1951, $18,777,000.
cfData exclude departures via international land borders; land-border departures during the 12 months ended June 1950 amounted to less than 1 percent of total departures.
©Data relate to continental United States. Beginning January 1952, data exclude reports from several companies previously covered and include figures for some not included in earlier
data.




SUEVEY OF CURRENT BUSINESS

S-24
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 1052

1951
August

September

October

1952
November

December

January

February

March

April

May

June

July

160,
034
r
1, 260
56, 074

167, 574
1,408
52, 238

144, 834
200, 169
48, 851
300
122, 670
1, 131
153, 497

159,840
194, 285
49, 282
0)
118. 340
1,039
153, 609

334,
449
r
5, 656
230, 883

336, 327
3,722
224, 475

41, 194

34, 403

August

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production: %
Ammonia, synthetic anhydrous (commercial)
147, 508
155, 913
short tons.. 146, 664
900
0
Calcium arsenate (commercial)
thous. of lb__
0)
67, 255
71, Oil
Calcium carbide (commercial)
- _ - short tons. . 68, 170
Carbon dioxide, liquid, gas, and solid©
127, 406
108, 103
thous. of lb._ 157, 590
215,729
212, 083
224, 250
Chlorine gas
short tons_
56, 005
56, 881
59, 920
Hydrochloric acid (100% HC1)
do
818
Lead arsenate (acid and basic)
thous. of Ib .
0)
(0
123, 996
132, 286
124, 304
Nitric acid (100% HNOs)
short tons
1,829
1,824
1,967
Oxygen (high purity)
mil. of cu. ft.
151, 677
154, 060
Phosphoric acid (50% HjPO^
short tons - 163, 038
Soda ash, ammonia-soda process (98-100%
403, 028
430, 622
NazCO-O
__short tons.- 419, 987
10, 966
10, 660
11, 276
Sodium bichromate and chromate
do
262, 683
259, 727
275, 224
Sodium hydroxide (100% NaOH)
do
Sodium silicate, soluble silicate glass (anhy46, 978
42, 666
49, 485
drous)
short tons.
Sodium sulfate, Glauber's salt and crude salt
74, 974
80, 037
81,120
cake
short tons. Sulfuric acid (100% H 2 S0 4 ):
Production
do. _ _ 1,074,257 1, 046, 075 1,099,964
Price, wholesale, 66°, tanks, at works
20.00
dol. per short ton._
19.90
20.00
Organic chemicals:
Acetic acid (synthetic and natural), production
39, 309
thous. of lb_.
37, 952
43, 767
86, 343
86, 070
Acetic anhydride, production
do_ _
85, 593
945
A cetylsalicylic acid (aspirin), production. do_ _ _
1,056
1,134
Alcohol, ethyl:
40, 945
47, 336
Production
- - thous. of proof gal _ . r r 44, 665
101, 740
103,927
Stocks total
do _ . 107, 738
In industrial alcohol bonded warehouses
66, 465
thous. of proof gal_. r' 73, 541 71, 103
30, 636
37, 462
34, 197
In denaturing plants
do __
39, 924
43, 362
42, 509
Used for denaturation f
do
3,595
3,016
3,033
Withdrawn tax-paid
do
Alcohol, denatured:
21,421
23, 723
Production
_
- thous. of wine gal _. r 22, 757
22, 392
27, 232
20 917
Consumption (withdrawals)
do
10, 252
6,645
10, 875
Stocks
do
11, 186
12, 051
Creosote oil, production
thous. of gal_
11, 783
5,441
5,697
Ethyl acetate (85%), production
-thous. of lb_
6,134
Glycerin, refined (100% basis):
High gravity and yellow distilled:
6,061
5,529
5,416
Production
thous. of lb_.
6,072
6,718
6,976
Consumption
do __
15, 556
14, 735
Stocks
. _ _ do
16, 165
Chemically pure:
10, 540
11,747
10, 676
Production
do
6,714
7,874
6,947
Consumption
do
25, 943
26, 524
24, 883
Stocks
do
Methanol, production:
172
180
193
Natural (100%)
.thous. of gal._
15, 431
15, 950
15, 536
Synthetic (100%)
- do
18, 883
21, 773
21,241
Phthalic anhydride, production
thous. of lb_.

156, 692
0)
69, 730

161,681
(0
69, 095

158,848
0)
72, 178

151,632
(0
67, 788

172, 099
0)
67, 974

177, 059
60, 601

0)

165, 105
884
58, 380

84, 823
219,250
59, 639
1, 152
133, 790
1, 9.38
153, 432

82, 105
228, 949
58, 222
3,194
135, 516
1,934
153, 463

88, 124
230, 271
60, 191
3,970
140, 976
2,019
151,922

91,614
215, 570
57, 966
3, 100
128, 978
2,008
151,684

94, 614
229, 472
58, 868
3,040
144, 696
2,156
168, 272

107. 512
221, 169
53 129
1, 526
137 924
1,954
172, 135

127, 158
214, 128
50 669
558
128 065
1,941
173, 334

389, 487
10, 550
269, 387

374, 204
10, 276
272, 799

367, 380
11,224
263, 320

337, 710
9,722
247, 734

372, 529
8, 590
271,996

363, 579
6,428
258, 521

358, 448
6,745
250, 564

48,116

43,268

45, 705

43, 599

46, 852

36, 794

38, 565

75, 057

69, 408

72, 078

67, 363

73, 973

65, 646

67, 031

1,130,831 1,179,263

1,165,356

1,131,289

1,174,836

20.00

20.00

20.00

20.00

20.00

20.00

35, 262
71, 798
1,046

34, 874
67,032
952

37, 711
59,358
1,185

30, 261
45, 887
1,073

29, 138
42, 711
1,178

40, 477
91, 184

39, 732
89, 377

42, 253
94, 742

42, 421
94, 645

61, 803
29, 381
45, 582
3,161

59. 298
30, 079
42, 072
2,417

58, 960
35, 782
48, 919
1,992

24, 415
24, 186
7,477
12, 301
8,144

22, 464
21,944
8,333
11,293
3,887

5,129
5,677
15, 623

r

r

65, 838

58, 892

1,115,602 1, 109, 076 '1,007,709

968, 467

20.00

20.00

20.00

26, 380
27, 591
1,247

26, 535
31,536
1,109

27, 980
51, 944
957

34, 256
65, 963
845

41,129
95, 360

33, 857
95, 685

26, 062
82 369

32, 922
74, 420

39. 292
77, 437

32, 984
82 661

58, 971
35 673
44, 935
1 788

54, 937
40 423
40, 922
1 861

53, 726
41, 959
34, 108
1 755

51, 974
30 395
30 539
1 395

50,584
23, 837
33. 099
1,447

47, 610
29, 827
35, 397
2,052

47. 420
35 241
28 577
1 629

26, 106
24 752
10, 476
10, 635
4,359

24, 060
21 388
13 608
11 559
4,160

21,914
21 491
14 035
13, 546
5,470

18, 368
20 282
12 093
14 401
4,419

16, 472
19 986
8 550
13' 293
T
4, 204

17,868
18 018
8. 055
7,077
5,873

19, 039
17, 468
9,100
6,509
4,152

15, 437
18 261
7 159

4,849
5,087
15, 284

6,192
5, 798
16, 219

5,647
5 521
17 447

6,745
5 617
18, 104

6,770
6 385
17 578

7,538
6 239
17 013

7,099
6 374
14, 427

5,855
6,003
13, 553

6,511
6 538
12 246

11, 078
7,305
26, 884

9,681
6,407
25, 483

11 529
7,976
26 582

11 113
7 219
26 685

11 704
7,398
28 107

12 528
7 040
29 435

7 178
7 015
28 382

5 428
7,008
24 507

6 237
6,628
21 684

9 035
7 536
19 080

175
16, 503
19, 926

115
17, 224
20, 694

192
14, 226
18, 844

173
13 756
19, 462

185
13, 951
21, 519

161
13 498
21, 348

201
13 111
21,263

175
11 881
19, 225

195
11,890
18, 955

175

r
530
186, 743
7 652
117 254
7 227

r
2389
203 640
24 643
164 354
7 015

20.00

FERTILIZERS
349
297,010
13, 139
259, 668
11, 585

494
235, 053
16, 570
183,344
14, 197

708
315, 160
26, 483
267, Oil
8,854

742
220, 305
27, 772
130, 159
6,772

604
209, 754
27, 632
145, 546
5,433

1,152
201, 552
20, 560
154 761
9 056

1,348
214, 991
28 775
161 570
7 619

1,827
191,261
10 802
163, 553
7 469

1,819
204 45*>
15 296
173 431
6 147

1,167
207 943
15 353
176 649
7 887

194, 735
Imports, total
do___
Nitrogenous materials, total .
__ _ do
128,216
58, 487
Nitrate of soda
do _
17,154
Phosphate materials
do
Potash materials .
do
37, 152
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
port warehouses
dol. per short ton
53 50
Potash deliveries.. .
._
short tons.- 112, 498
Superphosphate (bulk)Production
do
850, 009
1,268,280
Stocks, end of month
do

147, 137
89, 105
41, 768
10, 798
37, 708

190, 328
121,424
53, 401
1,962
54, 721

155,601
105, 877
36, 395
9,210
28, 131

173, 298
101. 457
41, 780
19, 358
44, 934

219, 807
152,137
54 651
8,588
49 833

255, 151
165 806
72 814
17 751
55 022

257, 090
186 622
59 960
21, 606
27, 731

173 163
gg' 732
18 706
17 510
26 981

202 037
147 263
33? 915
6 832
12 488

208 013
151 448
90 517
H' 698
23 258

178
100
37
7
21

53.50
113,326

53.50
114,311

57.00
119, 074

57 00
121, 535

57 00
114, 903

57 00
123 582

57 00
140 625

57 00
125 600

57 00
157 711

57 00
127 810

57 00
113 167

811. 543
1,245,504

923, 966
1,183,481

954, 651
1,163,982

893, 639
966 024
1 251 797 1 293 588

1 033 449
1 217 399

Consumption (14 States)§
Exports, total
. _.
Nitrogenous materials
Phosphate materials
Potash materials

thous. of short tons_.
.. _. short tons.
do
do
do

1 101 454 1 137 270
1 046 710 900 065

f

047
674
015
318
293
57 00

1 074 722 941 330 r 926 657
955 534
1 018 081 1 238 945 r i 245 QiQ 1 420 827

NAVAL STORES
Rosin (gum and wood) :
Production, quarterly total
drums (520 lb.).
Stocks, end of quarter
do
Price, gum, wholesale, "WG" grade (Sav.), bulk
dol. per lOOlb..
Turpentine (gum and wood):
Production, quarterly total
bbl. (50gal.)__
Stocks, end of quarter
do
Price, gum, wholesale (Savannah). -dol. per gaL.

579, 940
665, 530
8.33

8.67
195, 260
179,300
.75

507( 600
748, 700
9.07

9.40

9.40
167, 540
197, 630
.80

392, 400
722, 580
9.40

39.35

38.70

38.55

3

8.55

38.50

28.35

3

8. 35

127 940
194 450
3
3
.80
.68
.80
.80
3.66
176
3.61
3.63
3.62
.60
.60
r
Revised.
1 Not available for publication.
2
Total
for
12
States;
excludes
data
for
both
Virginia
and
Kentucky
(effective
July
1952,
Kentucky
will
report
semiannually;
see
note
"S"
3
below for quarterly data for Virginia).
New York price.
JRevised data for January-October 1950 are available upon request.
©Data beginning January 1951 exclude amounts produced and consumed in the same plants manufacturing soda ash.
tRevised series. Data shown prior to the November 1951 SURVEY represent alcohol withdrawn for denaturation.
§Figures exclude data for Virginia; effective January 1951, this State reports quarterly. Data for Virginia (thous. short tons): 1951—January-March.312- April-June 286' Julv-SeDtember
91; October-December, 111; 1952—January-March, 322; April-June, 331.
'
'
'




STJKVEY OF CUKRENT BUSINESS

October 1952

S-25
195: I

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

August

September

October

November

December

January

February

March

April

May

June

July

706
61, 905

556
63, 111

489
57, 251

586
51,315

August

CHEMICALS AND ALLIED PRODUCTS—Continued
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
High explosives
Sulfur:
Production
Stocks
_

thous. oflb__
do

946
65, 264

1,276
62, 425

1,610
68, 033

1,591
62, 244

1. 164
53, 297

1,355
55, 512

1,193
59, 669

842
57, 659

764
62, 515

448, 842
447, 481
462, 701
460, 058
long tons
454, 960
477, 939
435. 828
445, 014
412,481
443, 017
433, 871
459, 805
418, 655
_ do _ - 2, 665, 801 2, 754, 129 2, 782, 423 2, 805, 902 2, 837, 432 2,851,214 2, 883, 571 2, 850, 666 2, 808, 368 2, 827, 506 2, 902, 335 2, 982, 331 3, 047, 591

FATS, OILS, OILSEEDS, AND
BYPRODUCTS
Animal fats, greases, and oilsrj
Animal fats:
Production
thous. of lb__ 297, 887
281, 549
321, 630
378, 755
286, 050
398, 619
305, 335
417, 530
365, 093
349, 058
388, 109
327, 893
290, 088
103,387
98, 302
Consumption, factory
do _
96, 644
119,944
121,614
114,807
113,311
121, 909
117, 906
112, 690
115, 548
95, 111
116,026
270, 761
336, 784
Stocks, end of month
do__
303. 436
258, 887
325, 955
329, 408
329, 625
261, 850
377, 329
339, 625
327, 037
269, 893
367, 590
Greases:
Production
_
do _
54, 642
46, 862
49, 982
56, 659
52, 114
50, 357
58, 217
49, 801
58, 013
44, 932
46, 040
58,919
49, 486
41, 551
Consumption, factorv
do
46, 782
42, 189
40, 075
37, 913
42,173
36, 701
45, 248
44, 277
35, 164
42, 855
31, 969
31, 098
104, 574
113,712
110, 682
Stocks, end of month
__
do
100, 465
103, 801
100, 536
105, 938
103, 919
111, 895
113, 738
105, 411
115, 580
118, 495
Fish oils:
18, 789
Production
_
do
25, 240
5, 141
169
2, 305
298
900
16,612
11,060
12, 748
22, 631
2,297
22, 683
Consumption, factory
do
9,993
9,429
9. 451
10, 918
11, 508
8,578
9,758
9,089
10, 174
8, 331
9, 919
9,840
11, 477
104, 219
97, 846
Stocks, end of month c?1
_ _ do_ _
82, 084
73, 055
102, 999
96, 437
66, 640
68, 538
73, 295
109, 630
69, 931
84, 479
88, 854
Vegetable oils, oilseeds, and byproducts:^
Vegetable oils, total:
396
440
584
483
Production crude
mil oflb
552
522
616
430
604
382
'305
343
354
358
482
377
Consumption, crude, factory
do
487
509
484
442
487
478
529
361
394
410
Stocks, end
of
month:
r
1,021
1,005
1,202
1, 251
1,279
1,100
1,123
1. 275
1, 202
1,054
1,017
1,287
952
Cruded"1
- - - - do
250
255
504
589
624
436
292
632
556
368
572
536
Kefined
_ .
- _- - _ do _ _
498
74, 267
39,913
52, 833
58, 618
83, 843
61,395 r 58, 561
49, 815
68, 101
58, 899
32, 674
Exports
thous. of lb__
30, 911
19, 647
28, 433
35,813
39, 332
24, 596
33, 087
36, 491
28, 638
Imports, total
_ _ _ _ _ _ _
do_ _
31 , 067
24, 878
35, 478
30, 935
2,435
442
1,245
1,886
2, 563
2, 050
2,869
3,989
Paint oils
do
2,049
5, 447
4,389
5, 051
18,
402
22,
032
35,
371
30,
218
32,
502
22,
827
26,
590
All other vegetable oils
_
_ _ do
26,019
37, 446
26, 678
25,884
30, 031
Copra:
29, 539
28, 859
26, 367
32, 794
30, 476
37, 219
23, 068
16.051
Consumption, factory _
short tons__
29, 807
35, 774
18, 028
37, 297
37, 665
21,161
21, 546
25, 462
25, 202
20, 923
11,952
21, 063
Stocks, end of month
do
27, 492
11, 267
4^061
11,974
21, 643
13, 570
31, 978
35, 147
41,011
34, 681
25, 848
46, 183
31, 787
21,892
Imports
_ _ __
_ do_
36, 287
21, 390
23, 608
16, 455
Coconut or copra oil:
Production:
38, 132
37,410
36, 929
33, 176
29, 564
47, 172
41, 626
37, 492
48, 133
44, 976
21, 486
22, 632
Crude
thous. oflb__
47, 692
22, 714
24, 983
28, 028
30, 494
31,625
27, 987
32, 465
26, 745
Refined
do_
31,011
28, 270
26, 578
27, 765
36, 466
Consumption, factory:
44, 475
45, 222
36, 159
42, 364
39, 645
48, 037
45, 564
48, 315
47, 698
39, 710
43, 436
41, 119
Crude
do
51, 836
20, 254
25,099
22,336
26, 727
27, 305
28, 306
27, 486
28, 085
25, 348
22, 459
23, 431
26, 131
Refined
do
30, 364
Stocks, end of month:
92, 073
82, 143
74, 804
85,006
82, 279
81. 387
61, 932
79, 869
84, 528
67, 285
56, 707
49, 699
50, 718
Graded"
do
9, 103
8, 839
9,013
8.961
7,207
9,863
6,995
8,342
8,899
7,596
6,809
7,678
Refined
_
- _ do_
8,730
12, 745
3,825
9, 718
7,173
3,731
3,899
7, 522
5, 362
1,767
7,921
Imports
do
9,777
15, 089
Cottonseed:
55
598
322
22
163
1,054
1,006
556
14
14
1,587
Receipts at mills
thous. of short tons__
78
398
541
653
433
545
306
Consumption (crush) _
_ _ _ do_
688
838
776
218
153
199
117
148
802
935
1,705
1,935
1,881
1,180
1,515
315
Stocks at mills, end of month
do
422
518
176
137
386
Cottonseed cake and meal:
303, 841
253, 208
250, 122
101, 133
319, 884
201, 182
146, 191
387, 447
361, 949
Production
short tons92, 222
69, 838
55, 746
70, 059
70, 841
72, 854
55, 430
47, 336
56, 176
60,316
56, 737
46, 396
57, 870
Stocks at mills, end of month
do
58, 946
57, 343
45, 104
47, 876
Cottonseed oil, crude:
166,505
257, 819
206, 005
143, 727
176, 041
244,053
106, 633
Production
_ _ thous. of Ib
218,547
72, 082
52, 822
60, 200
41, 143
44, 768
162, 209
174, 795
152, 672
186, 292
90, 010
184, 843
188, 644
96, 917
Stocks, end of month
do_ _
29, 133
129, 093
58, 602
41, 077
38, 375
Cottonseed oil, refined:
164, 076
182, 865
136, 955
96, 085
185, 037
123, 723
173, 826
186, 793
100, 080
Production
_ _ _ _ _ _
do_
40, 499
79, 578
54, 023
42, 285
107, 399
117,870
100, 550
118, 578
135, 226
106, 108
109, 369
97, 735
125,071
122, 100
Consumption, factory
_ _
do
113, 260
90, 150
92, 727
35, 335
32, 583
44, 497
35, 623 1 28, 019
28,
784
36, 816
28,
523
35, 858
30, 583
28,
764
In oleomargarine _ _
_ _ __do _
17,
070
23,
978
102,715
279, 881 i 336, 814 1383,410
413, 893 1 434. 758 i 432, 620 i 401. 400 1 361, 320 1 318, 006
154,868
225, 137
98, 103
Stocks, end of month
do
.220
.213
.203
.190
.218
.217
.180
.221
.218
.180
.185
.205
Price, wholesale, drums (N-Y.)*.__dol. per lb__
.205
Flaxseed:
2 33, 802
Production (crop estimate) §__ _ thous. of bu
3 30, 685
Oil mills:
2,243
2,581
2,298
2, 196
2,810
3,022
2,854
2,083
1,897
2,172
Consumption
_ _ _ do
2,943
1,580
2,295
5,844
5,547
3,654
7,098
4,430
6, 831
Stocks, end of month
_ .._ _ do
3,259
6,407
3,440
3,608
3, 059
3,346
3,794
4.56
4.23
4.54
3.83
4.16
4.16
3.41
4.40
Price, wholesale, No. 1 (Minn.)
dol. per bu_~
3.93
3.96
4.00
4.02
4.17
Linseed oil, raw:
44, C20
52, 120
46, 857
57, 057
59, 964
45, 707
54, 981
Production
thous. of lb__
60, 500
38, 953
41,647
44, 015
31, 860
46, 904
42, 363
40, 462
41,734
43, 661
46, 650
50. 091
52, 352
44, 651
46, 173
43, 685
Consumption, factory _
_ _ do
43, 5fi5
45, 899
54, 981
634, 748
652, 657
659, 688
635, 184
652, 696
659, 383
640, 760
638, 785
646, 589
638. 021
Stocks at factory, end of month
do
637, 975 r 634, 474 622, 350
.212
.195
.186
.181
.197
.159
.210
.176
.209
Price, wholesale (N. Y.)
dol. per Ib—
.178
<.155
* . 150
*. 150
Soybeans:
2
280, 512
Production (crop estimate) § _ _ thous. of bu
3
275
Q29
r
24, 046
14, 721
22. 457
23, 036
18, 797
23, 179
21, 540
21, 556
20, 129
Consumption, factory
do
19, 682
18, 617
17, 539
17,549
58, 356
50, 901
4,274
68, 052
42, 708
49, 430
Stocks, end of month
do_ _
61, 848
32, 307
9,715
28, 493
30, 838 r 22, 339
9,071
Soybean oil:
Production:
221, 400
234, 386
222, 247
148, 658
214, 799
224,834
218, 381
204, 138
199, 002
Crude
thous. of lb__ 187, 910
189, 977 r 179, 498
178, 795
130, 391
180, 626
183, 469
154, 263
149, 822
179, 073
143, 782
198, 641
136, 668
181, 249
177, 198
Refined
- -- do
162, 158
175, 008
168,
379
147, 351
134, 518
164, 911
127,916
148, 240
159, 187
171, 062
136, 660
Consumption, factory, refined
do __
171, 244
188, 112
142, 825
154, 982
Stocks, end of month:
121,135
224, 072
230, 950
240, 510
197, 346
245, 027
90, 907
107, 993
164, 529
197, 473
185, 122
Crude
do
180, 130
136, 414
103, 120
75, 261
109. 459
79, 870
83, 920
97, 092
85, 236
130, 234
73, 602
126, 720
Refined
do
111, 280
116, 618
124, 222
.155
.195
.179
.165
.150
.191
.144
.148
.174
.190
.206
Price, wholesale, edible (N. Y.)
dol. per Ib—
.174
.170
r
!
2
3
4
Revised.
Includes stocks owned by Commodity Credit Corporation.
December 1 estimate.
September 1 estimate.
Minneapolis price; comparable data for May 1952, $0.155.
JRevisions for 1950 for production, consumption, and stocks will be shown later.
cf Beginning with September 1950, data included for sperm oil, crude palm, castor, and coconut oil are on a commercial stocks basis.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
§ Revisions for flaxseed (1946-49) and soybeans (1944-49) appear in corresponding note in the September 1952 SURVEY.
222127

-52

4




SURVEY OF CURKENT BUSINESS

S-26

October 1652
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

August

September

October

November

December

January

February

March

April

May

June

July

101, 136
22, 419

100, 709
15, 839

104, 040
26, 837

68, 695
23, 807

August

CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, etc.— Continued
Oleomargarine:
Production
thous. of lb__
Stocks (factory and warehouse)
do
Price, wholesale, vegetable, colored, delivered
(eastern U S )*
dol per Ib
Shortenings and compounds:
Production
thous. of lb_.
Stocks end of month
do

86, 286
17, 022

85, 074
16, 461

94, 979
17, 704

98,219
19,218

96, 240
18, 830

128, 145
17, 485

114,051
24,951

96, 762
21, 655

86, 564
15, 584

.291

.290

.290

.290

.289

.289

.259

.259

.253

.249

.266

.271

.271

126, 290
104, 682

109, 636
97,018

136, 469
94, 231

131. 721
93, 110

116, 509
101, 441

128, 313
94, 405

131,040
91,890

128, 912
89, 120

127, 375
93, 408

138, 692
83, 228

142, 749
81,922

112,624
88, 436

125, 114
92, 559

80, 796

113, 445
42, 031
71, 414

106, 386
41, 608
64, 778

110, 938
41, 594
69, 344

124, 670
44, 287
80, 383

126, 768
44, 620
82, 148

111,093
36, 808
74, 285

113,302
40, 994
72, 308

PAINTS, VARNISH, AND LACQUER t
Factory shipments, total
Industrial sales
Trade sales

thous. of dol
do
do

r

122, 571
40, 757
81,814

r
r

r

r
r

SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets rods and tubes
thous
Molding and extrusion materials
Nitrocellulose sheets rods and tubes
Other cellulose plastics
Phenolic and other tar acid resins
Polystyrene
Urea and melamine resins
Vinyl resins§
_
Alkvd resin s§
Rosin modifications
_
Miscellaneous resins§

of Ib
do
do
do

do
do
do
do_ _
do
do
-- do

2,699
5,204
645
1,153

2,668
4, 440
398
1,050

2,431
4, 564
615
919

1,713
3,382
508
796

2,526
2,894
467
507

2,957
4,243
521
734

1 942
4,178
508
792

1,841
4,380
479
784

1,880
4,985
527
683

1,770
4,122
485
657

1,713
3,805
453
400

2,013
4.504
377
442

32, 477
32, 279
16,218
39,111
30, 347
4,601
15, 030

33, 054
30, 372
14, 561
39,154
26,168
5,643
15,447

41,142
29, 534
16, 179
41,898
27, 394
6, 546
16, 146

35, 859
28, 620
14, 343
40, 596
26, 048
6,883
14, 920

28 970
26, 467
12,961
42, 029
24, 929
6, 729
15, 169

31 652
27, 395
16,005
43, 446
28,616
6, 592
15,860

28 731
26 518
14, 933
39, 245
28,014
7, 855
13, 163

28, 262
25, 951
15,459
39, 208
28, 300
7, 502
16, 586

24, 131
24, 967
14, 233
35, 955
28, 418
7, 396
17, 122

24, 009
23, 959
14, 955
31,897
29, 326
8, 030
17, 341

24 897
26, 413
15, 312
29, 357
28, 507
7,882
17, 467

20 981
26,315
11. 189
28, 756
24, 342
7. 337
14,368

ELECTRIC POWER AND GAS
ELECTRIC POWER t
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
Bv water power
do
Sales 'to ultimate customers, total (Edison Electric
Institute)
mil. of kw -hr
Commercial and industrial:
Small light and power
do
Large light and power
do
Railways and railroads
- do
Residential or domestic
- - _do _
Rural (distinct rural rates)
_
do
Street and highway lighting
_ _ _ _ _ do _
Other public authorities
do
Interdepartmental
_ __ _ . _ . . , do _ _
Revenue from sales to ultimate customers (Edison
Electric Institute)
thous. of dol

r 37,
r 32,
r T24
7,
r

632
404
601
804

'r 35, 275 ' 37, 804 r 37, 321
30 254
r 32, 437
••32,103
r
r 93 099
* 24 883
24 028
•• 7, 032
r 7, 553
* 8. 075

27, 709

••26.172
r

4 082
5 090
r 4 72°

r 4 OOo

r

r

28,218
r 4 219

r

r

T

••33,170
T

24 044
•• 9. 126

39, 710
34, 203
24 302
9,901

36, 768
31,536
22 075
9,461

38, 568
33, 040
22 597
10, 443

36, 736
31,515
91 553
9,962

37, 065
31,824
22 13°
?, 692

36,052
31, 525
22 366
9,160

37, 007
32, 523
23 785
8,738

39, 752
34, 361
25 844
8.518

29, 006
5 197
5 507
5 042

26,717
4 819
5 232
4 766
466

27, 647
5 393
5 529
5 022

26, 559
4? 956
5 221
4 753

26,
4
5
4

27,
5
4
4

28, 860
i 501
5 391
5 0°6

469

496

26, 451
5 075
4 526
4 141

27 766

27 178

26 856

26 914

4 "92
13 764

4 767
13 669

5 046
13 069

5 361
12 638

7 157

6, 679

6 544

6, 567

800
236
713
44

994
242
671
45

486 460

488 551

493, 359

38, 517

27, 934
4 1G9
r 5 o 17
r
4 872
r 345

' 28, 54?,
r
4 697
T 5 347
* 4 997

r

r 323

T 9QS

5 367
5 027
r 340

r 42()

465

26, 725

26,777

27 114

27 481

28 263

29 217

28 708

28, 453

5 012
13 493

4 813
13 919

4 861
13 779

4 976
13 704
527

5 124
13 797

5 048
13 700

4 945
13 869

6,712

7,447

8, 170

7, 548

325
713
39

521
347
699
43

503
348
717
35

7 902

245
669
40

5 030
13 321
413
6, 065
9SO
269
659
40

469, 300

476, 635

477, 724

488, 495

501,349

522, 258

r4,904

427

5,810
] , 030

r

446

6, 186

720
302
6S6
42

475

523

4^8

506

504

496
318
722
35

544
298
710
35

514 575

504, 334

458
598
268
698
30

494,080

910
915
240
745

444

639
249
691
40

385

404

249
274
484
159
9

36

365

396

GASd"
Manufactured and mixed gas (quarterly):
Customers end of quarter, total
thousands
Residential (incl. house-heating)
_
do
Industrial and commercial
do
Sales to consumers, total
mil. of therms
Residential
do
Industrial and commercial
do
Revenue from sales to consumers, total
thous. of dol
Residential (incl. house-heating)
_ _ do _
Industrial and commercial
do
Natural gas (quarterly):
Customers, end of quarter, total
thousands
Residential (incl house-heating)
_ _ do
Industrial and commercial
do
Sales to consumers, total
mil. of therms
Residential (incl house-heating)
do
Industrial find commercial
do
Revenue from sales to consumers, total thous. of del
Residential (incl house-heating)
do
Industrial and commercial
- - do

r
r

8, 463
7. 892
r
566
r 608
r 321

' 104, 036
T 79

793

«• 30, 508
r 16 OS6
r

14,829

r

r
r
r

1 239
r
8, 830
r
I 265
r
7 027
217 802
107 903
153, 935

' 8 057
r 7, 505
' 548
r
832

7. 932
7, 376

551

7 336
6 819

r 520
r 296

785
353

512
809
491
308

<- 127,481
f 91,562
r 34, 598

165, 655
121,287
42, 851

120 928
86 277
33, 743

' 17 066
r r15, 683
1 364
r
11,719
'r 3 753
7 462
r
454, 744
••r 256 085
188, 353

17 553
16, 101
1 434
14 861
6 409
8 037
648, 863
416 815
222, 670

18
16
1
11
3
7
434
236
190

1,156

14i
694
433
113
212
529
422
113
375

7
Preliminary..
Revised..
*New scries. Compiled by U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will bo shown later.
fRevised series. Data are estimated total factory shipments of finished paint, varnish, and lacquer. Figures supersede those shown in the SURVEY prior to the June 1952 issue,
which did not measure total shipments. Available figures for 1951 (January-August, respectively) comparable with the present series are as follows (thous. dol,): Total shipments — 128,102;
117,025; 132,257; 122,925; 128,048; 121,382; 109,449; 116,225; industrial —48,807; 44,938; 52,638; 47,892; 48,325; 45,348; 42,477; 45,409; trade— 79,295; 72,087, 79.619; 75,033; 79,723; 76,034; 66,972; 70,816.
§See note "1" in the February 1952 SURVEY and earlier issues regarding changes in classification and coverage beginning with data for January 1951.
fUnpublished revisions for January-July 1950 and 1951 for electric-power production will be shown later.
l sales data formerly expressed in cu.. ft. are now published in therms by the compiling source; 1932-49 figures expressed in therms and minor revisions for customers and revenue for
1932-44 will be shown later. Revisions for the first 2 quarters of 1950 are shown in the corresponding note in the October 1951 SURVEY; those for the first 2 quarters of 1951 will be shown later.




SURVEY OF CURRENT BUSINESS

October 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-27
1952

1951

August

September

October

November

December

January

February

March

April

May

July

June

August

FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Fermented malt liquors:
Production
thous. of bbl.
Tax-paid withdrawals
.
_
do _
Stocks, end of month
do
Distilled spirits:
Production
thous. of tax galConsumption, apparent, for beverage purposes
thous. of wine gal
Tax-paid withdrawals.
thous. of tax gal
Stocks, end of month
_ .__
do .
Imports
thous. of proof gal
Whisky:
Production
.
thous. of tax gal
Tax-paid withdrawals
do
Stocks, end of month
do___
imports
thous. of proof gal
Rectified spirits and wines, production, totald"
thous. of proof galWhisky
.
do
Wines and distilling materials:
Sparkling wines:
Production
thous. of wine gal
Tax-paid withdrawals
_.
do
Stocks, end of month
do
Imports- _
.
_.
do
Still wines:
Production, . . __.
do
Tax-paid withdrawals
do
Stocks, end of month
do
Imports
do
Distilling materials produced at wineries- do

8,997
8,886
10, 930

7,032
6,995
10, 522

6,841
6,732
10,211

6,142
6,410
9,506

6,284
6,077
9,240

6,967
6,442
9,307

6,601
5,601
9,897

7,328
6,099
10, 662

16, 376

22, 214

34, 768

28, 840

19, 382

17, 026

15, 546

15, 009

14, 166

11, 642

14, 688
' 8, 638
915, 424
1,327

16, 877
11, 252
914, 577
1,766

22, 403
15,671
911, 925
2,557

15, 958
11,058
917, 249
1,880

19, 427
7,746
925, 197
1,696

12, 038
6,592
932, 563
1,254

12, 459
7,746
936, 386
1,210

14, 449
9,757
940, 071
'1,515

13, 905
8,955
' 941, 185
1,315

14, 618
9,349
940, 454
1,362

411
1,219

8,158
6,887
755, 457
1,628

10, 322
9, 129
755, 041
2,209

756,

10, 831
6,679
521
1,714

10, 463
4,082
760, 803
1,516

9,548
4,095
765, 029
1,129

9,114
4,645
768, 047
1,102

8,648
5, 530
768, 745
1,401

6,793
4, 546
996
1,265

'7,836
' 6, 901

10, 375
9,501

12, 609
11,242

9,518
8,502

7.349
6,516

5,094
4,348

6,052
5,394

7,000
6,174

6, 936
6,037

80
173

118
173
1,316
98

141
76
1,365
41

59
56
1 352
27

55
59
1,334
31

8, 393
10, 877
231, 016
605
25, 981

2,892
10, 702
222, 652
391
6,654

1, 308
10 627
210, 209
292
526

77, 435
13, 874
.803

' 6, 904
' 5, 001

756,

149
71

67
95

46
133

1,617

1,585

1,484

1,385

4,102
8,573
120, 474

29, 039
9,879
139, 168

77, 369
11,515
210, 588

39, 076
12, 230
237, 581

73, 107

150, 884

38

259
8,732

72

43

269

424

115

538
87,335

7,440
6,744
10, 891

8,975
8,412
10, 961

7,964
7,381
10, 943

11,116
9,266
11, 190

8, 634
8,159
11,126

8,592

6,444

6,453

13, 119
9,723
937, 156
1,326

13, 140
9,972
932, 414
1,229

8, 006
929, 033

4,823
5, 028
767, 558
1, 234

2, 515
4,322
763, 490
1,141

2,677
3, 980
760, 079

7,398
6,461

6,757
5,887

7,590
6,389

5,936
4,785

201
69
1,458
31

129
71
1,510
36

102
86
1,515
35

63
73
1, 503
28

1, 402
11,400
199, 133
416
456

1,644
10, 453
189, 089
427
685

1,640
9,326
181, 346
305
126

853
9,120
170, 600
300
155

547
7, 980
162, 733
272
1,758

77, 250
7,879
.845

92,030
6,505
.738

103, 780
10, 522
.714

134, 970
30, 821
.693

131, 055
68, 616
.690

' 122, 490
' 99, 751
.714

108,405
112,173
737

68, 700
45,810
193, 272
107, 824
4 895

70, 540
47 210
100, 040
142, 945
3 385

85, 735
58, 405
155, 195
133,815
2 832

102, 450
74, 410
158, 949
139, 705
3 263

138, 275
106 525
185,927
104, 054
1 904

139, 475
109, 245
217, 604
192, 920
2 942

T

112,990
85, 220
255,175
224, 934

.444

436

429

.423

.429

14, 100
6 025
850

18, 000
7 400
205, 000

261,

20, 800
4,500
850

34, 100
3 900
366, 100

6,585
140, 611

7.388
74 505

8, 237
76 443

7,299
123, 180

225,

6 856
5,731

3 215
7 025

4 729
5 676

10 80
6.25

10 80
6.34

8,178
2,706
5.44

769,

8, 045
4,997
763
1,208

769,

DAIRY PRODUCTS
Butter, creamery:
Production (factory) 1 9
thous. of lb_ '•119,020 r 93, 638 ' 86, 633 ' 68, 436 '70,397
113,501
116, 790
94, 61 1
59, 349
27, 051
Stocks, cold storage, end of month
do. _ _
.682
.673
.740
.791
.707
Price, wholesale, 92-score (New York)_dol. perlb_
Cheese:
Production (factory), total 1 9
thous. of Ib "111,452 '93,991 ' 83, 630 ' 05, 030 'r 60, 491
' 88, 801 '71,643
' 59, 756 '43,358
43, 084
American, whole milkj 9
do
272, 053
269, 564
259, 415
232, 968
222, 130
Stocks, cold storage, end of month, total ___do
239, 500
233, 788
204, 683
194, 784
229, 5fil
American, whole milk
do
7,419
3,588
4, 095
3,288
3,863
Imports
do
Price, wholesale, American, single daisies (Chi.420
.410
.424
.449
.431
cago)
. _ dol. per Ib
Condensed and evaporated milk:
Production: t9
Condensed (sweetened):
Bulk goods
thous. of lb_. ' 21, 265 ' 15, 007 'r13,397 r 11,216 'r13, 030
* 4, 721
5, 200
M,347
' 4, 020
Case goods© _ _ _ _ _ _ _ _ _ _ _ _ _ d o
0, 1 91
' 264, 148 ' 194, 941 r 168, 750 ' 131, 272 '•141,090
Evaporated (unsweetened), case goods___do
Stocks, manufacturers', case goods, end of month:
7,171
5,878
8, 777
6, 957
9, 185
Condensed (sweetened)
thous. of lb__
501, 412
543, 438
448, OC8
357, 311
225, 988
Evaporated (unsweetened)
_ do
Exports:
2,616
3, 195
1, 124
1,403
1,262
Condensed (sweetened)
do
27, 617
26, 573
12, 590
4,277
Evaporated (unsweetened) __
__
do
6,048
Prices, wholesale, U. S. average:
10.80
10 80
10 80
10 80
Condensed (sweetened)
dol per case
10 80
6.09
6.06
6.05
6.08
6.19
Evaporated (unsweetened)
do
Fluid milk:
10, 505
7,611
9,145
8, 528
7,797
Production J
mil. of Ib
3,407
4,268
2,378
3, 060
Utilization in mfd. dairy products - _
do
2,477
5.12
5.20
5.38
5.30
Price, dealers', standard grade
dol. per 100 lb__
5.43
Dry milk:
Production: t 9
r
T
r
r
6, 005
' 9, 373
7, 338
6, 1 57
4, 648
Dry whole milk
thous of Ib
r
63, 995 ' 44, 286 ' 30, 050 ' 25, 502 r 35, 900
Nonfat dry milk solids (human food) _ do_ _
Stocks, manufacturers', end of month:
26, 325
25, 511
19,612
23, 288
17,917
Drv whole milk
do
125, 340
109, 8G8
82, 219
42, 265
50, 548
Nonfat dry milk solids (human food). ._do. _
Exports:
4,449
2,835
3,836
5, 598
4,932
Dry whole milk
_ _
_ _do
4,196
2,675
2,994
Nonfat dry milk solids (human food)__ __do
2,139
2,508
Price, wholesale, nonfat dry milk solids (human
.149
.147
.151
.147
.150
food), U. S. average
dol. per lb__

13, 600
0, 550
000

122, 300
r
94 490
' 239, 632
' 211, 477
3 873

.435

25, 200
4 725
750

436

.444

347,

271,

18, 400
3 540
500

21, 050
3 050
270, 700

8, 195
802

9,540
390, 517

7,975
417 013

7,842
480 266

2 301
8 296

2 656
8 031

1 598
10 351

2 321
10 570

10 80
6.38

10 80
6.39

10 80
6.32

10 80
6.30

10 80
6.33

10 80
6.38

8 170
2 731
5.48

9 494
3 292
5.46

10 129
3,823
5.33

12 049
5,061
5.26

11 956
4 972
5.23

11 039
4, 439
5.33

10 210
4,070
5.43

7 325
45, 250

6 900
50 345

9 000
67, 900

9 860
82, 300

11 250
122, 300

13 150
116, 900

9 750
85, 250

9 900
70, 500

16 705
29, 677

14 625
24 327

13 343
34 506

14 558
54 691

16 785
108 457

18 940
150 703

r 21 385
101 821

23 f>0 *>
107 576

3,663
1,639

3 494
7,908

5,371
4,305

2 499
4,415

2 842
9, 839

5 118
2,303

3 453
3,507

.152

.156

.159

.163

.163

.163

'.165

.165

2 449
16,014
11, 548

2 047
10, 753
10, 472

2 008
5,983
11,397

1 450
2,894
11, 218

935
1,037
12, 605

283
282
9,561

405
153
9,709

2 gg 058
283
229
5,941

157,

164,

FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thous. of bu
206
1,127
Shipments, carlot
- no. of carloads
293
7,684
Stocks, cold storage, end of month- __thous. of bu__
7,195
6,332
Citrus fruits, carlot shipments
no. of carloads. .
Frozen fruits, stocks, cold storage, end of month
599, 766
thous. of lb__ 610, 299
Frozen vegetables, stocks, cold storage, end of
515, 766
month...
thous. of lb._ 445, 724
Potatoes, white:
Production (crop estimate)!
thous. of bu__
11, 589
12, 373
Shipments, carlot
_ no. of carloads
Price, wholesale, U. S. No. 1 (New York)
3.436
4.171 i
dol. per 100 lb_
r
2
Revised.
September 1 estimate.

1

4, 163
28, 375
6,201

571,

229

3, 637
28,000
7,727

489,

110, 660
2, 850
22,113
11,839

932

496,

386

465, 137

471, 101

466, 735

475, 636

537,

679

580,

264

' 593, 518

570, 046

554, 175

522, 076

498,

340

444, 409

398,

699

348, 023

313,

708

301,739

336,

911

r

407, 237

18 289

19 079

325, 708
16 378

18 556

22 043

24 138

13 534

12 825

24 094

3. 865

4.736

5.540

6.875

6.660

6.025

5.820

5. 570

4.844

condi
.
. _ . . . _ _ „ .
shown in corresponding note in the September 1952 SURVEY.

©Figures beginning 1950 represent whole milk only; earlier data cover both whole and skimmed milk.




385, 494
2

!

r

13 037

337 685
12 354

6.708

7.188

y milk solids; beginning 1950 for
action of potatoes for 1944-49 are

SURVEY OF CURRENT BUSINESS

S-28

October

1951
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

August

September

October

1952

November

December

January

February

March

April

May

June

July

August

FOODSTUFFS AND TOBACCO— Continued
1

GRAINS AND GRAIN PRODUCTS
Exports, principal grains, including flour and meal
thous. of bu._

Barley:
Production (crop estimate) t
Receipts, principal markets.. _
Stocks, domestic, end of month:
Commercial
On farmsj
Exports including malt
Prices, wholesale (Minneapolis):
No 2 malting
No 3, straight

do.. .
do
do
do
do
dol. per bu
do

Corn:
Production (crop estimate) t
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) t
mil of bu
Receipts, principal markets
thous. of bu_Stocks, domestic, end of month:
Commercial
do
On farmsi
do
Exports, including oatmeal
do
Price, wholesale, No. 3, white (Chicago).. dol. per bu_ .
Rice:
Production (crop estimate) t
thous of bu
California:
Receipts, domestic, rough
__thous. of l b _ _
Shipments from mills, milled
rice
do. ._
Stocks, rough and cleaned (cleaned basis), end
of month
thous. of lb_.
Southern States (Ark., La., Tenn., Tex.):
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis) end of month
thous of Ib
Exports
do
Price, wholesale, head, clean (N. O.)..dol. per lb_.

Rye:
Production (crop estimate) I
thous of bu
Receipts, principal marketsf
do
Stocks, commercial, domestic, end of month.do
Price, wholesale, No. 2 (Minn.)
. dol. per bu.
Wheat:
Production (crop estimate) total f

51, 689

48, 627

40, 441

47, 647

48, 220

54, 242

54, 902

68, 928

50, 863

52, 905

37,529

28, 794

i 254, 668
8, 039

9,710

9, 481

7,787

7,194

7,909

6, 172

10,110

2 221, 138
23, 234
17, 899

22, 135

12, 411

10, 200

11,518

26, 353

28, 254
171,419
4,056

27, 704

26, 779

21.005

14, 646

930

3, 903

2, 305

1,187

14,798
38 430
880

14 861

1.385

19, 160
78, 131
4,024

16, 385

1,554

25- 483
124, 287
2, 995

22 042

2.548

1.368
1.264

1.434
1.292

1.542
1.389

1.652
1.481

1 . 593
1.440

1 638
1.471

1 549
1.407

1.492
1.331

1 423
1.308

1.443
1. 234

1 . 530
1.316

1 612
1.430

1.709
1.648

10, 147
23, 800

9,289
21, 578

10,424
24, 565

10, 774
33, 948

1 2. 941
9,238
34, 498

10, 858
44, 823

10,002
32, 248

10, 486
27, 248

10. 745
18,316

10, 487
17, 358

9,964
20, 041

9, 557
14, 293

2 3, 185
10, 194
18, 206

32, 559

32, 785
312 9
4,188

38, 497

47, 299

63, 788

40, 741

17, 167

8,197

4,521

7,532

6,859

32, 526
609. 2
4,237

20, 772

6,158

61, 849
1 067 8
10,437

50, 173

5,161

51,394
1,919 3
10, 165

58, 785

6,015
1.854
1.794
1. 705

1.795
1.801
1. 712

1.798
1.782
1.709

1.762
1.828
1.680

1.926
1.699

1.913
1.597

1.998
1.802
1.587

1.847
1.637

1. 868
1.818
1.731

1.842
1.756

1. 900
1.830
1.763

23, 302

15, 684

7,503

9,224

1,316
9, 450

6,420

5,826

6,805

6,602

11, 715

9,130

21,604

1, 264
22, 030

27, 449

33, 213
1, 103, 455
543
.856

31,507

28, 173

21, 186

17,065

12, 046

30, 814

208
.992

503
.912

215
.887

588
.908

16, 038
244, 646
378
.833

24, 101

504
1.071

11,785
516, 603
778
.931

9,057

149
.918

1

227
.817

1

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

3 560

3,314
r

1.808
1.764

1. 808
1. 735
2

328
.829

.865
2

97, 344

102, 707

28, 695
36, 124

23, 302
41, 993

30, 032

7,276

42,350
73, 389

31, 647
18, 109

190, 887
44,418

94,417
77, 966

89, 767
76, 982

120, 540
80, 214

131,132
129, 926

120. 622
73. 485

50, 534
65, 063

65, 414
35, 882

74, 247
33, 526

20,372

23, 127

102, 340

90, 071

77, 352

76, 825

42, 642

54, 187

25, 175

32, 838

48, 200

292 259
153, 069

551 420
191, 062

980 35P
295, 248

330 758
186, 612

199,749
177,402

209 432
158, 633

125 522
125,513

129 682
181,874

187 253
217,515

134, 497
277, 223

91 122
211,604

11 757
108, 570

215,451
111,588
.091

383, 344
133, 772
.083

697,198
157, 879
.090

719, 664
191,466
.094

676, 066
87, 408
.096

642, 963
89, 502
.100

598, 059
193, 280
.105

511,299
104,199
.105

442, 860
129,517
.105

285, 248
259, 380
.105

153,772
121,058
.105

61,979
141, 312
.105

5,995
5, 129
1.642

2,330
6,183
1.659

1,381
6,471
1.817

806
6,217
1.933

i 21,410
1,267
6, 344
2.051

741
6,136
2.036

636
5, 844
1.915

864
5,321
2.027

480
2, 825
1.945

1,163
1,995
1.928

547
1,278
2.038

2,449
1,568
1.972

15, 759
1,770
3,210
1. 951

2 1,2 298. 3
235. 7
2
1. 062. 6
59, 153

r

r

987. 5
342. 0
* 645. 5
32, 396
281,351

66, 140

60, 975
262. 843

47, 284

35. 730

143, 643

164,425
1,128,018
238, 443

223, 849

209, 143

233, 527

224, 941

202, 464

218, 333
856, 807
199, 947

42,819
38, 500

272, 960
131,963
480, 862
39, 839
35, 482

33, 573
30. 136

39, 600
35, 186

201,979
113,007
339, 336
34. 807
29, 383

2. 464
2. 330
2.2S7
2. 339

2.442
2.383
2.402
2.341

2.517
2. 452
2.488
2.404

2.597
2.540
2. 565
2.472

2. 568
2 541
2. 625
2. 488

.105
2

1
1

mil of bu

"Winter wheat
do
Receipts principal markets
thous. of bu
Disappearance domestic!
do
Stocks, end of month:
Canada (Canadian wheat)
do
United States domestic totalrf $
do
Commercial
do
Interior mills, elevators, and warehouses
thous of bu
Merchant mills
do
On farms t
do
Exports total, including
flour
do
Wheat only
do ..

26, 93 J
841,889
254
1.045

T

26, 284

29, 072

24, 341
341, 735

22, 191

23, 598

87, 348
274, 971

149, 329

216, 427

213, 163

208, 850

183, 353

101,851

88, 954

199, 056
253 895
93, 924

189, 545

144, 640

206, 068
521,519
124, 865

202, 564

163, 161

279, 426

308, 618

44, 900
41.297

46, 780
42, 139

112,357
80 760
201, 500
53, 349
49, 049

39. 759
36, 154

41, 733
38, 565

54 816
39 562
64 449
31,812
27, 602

21.417
17, 232

2. 546
2. 519
2. 555
2.471

2.505
2.492
2. 547
2.422

2.540
2.496
2.492
2.436

2. 503
2.492
2.440
2.414

2.485
2.446

2.505
2.306
2. 104
2. 350

2.547
2.251
2. 154
2.314

2.405

2.447
2.323
2.211
2.413

Wheat flour:
Production:
19, 653
18, 386
18, 795
21,055
19, 177
18.519
21,212
19, 876
18, 065
17, 599
17, 920
19, 099
18,101
Flour
thous. of sacks (100 Ib.)
76.3
79.1
82.0
88.5
'82. 2
84.4
86.4
75.3
82.3
76.5
78.2
73.6
77.5
Operations, percent of capacity
-.
395, 893
429, 296
377, 944
456, 496
403, 215
375, 647
352, 881
386, 000
376, 243
387, 693
362, 804
364,216
367, 535
Offal
short tons
45,
928
43,
333
49,
683
43,
789
49,
342
46,
684
41,
096
44,
698
42,
025
43,
337
42,
217
44,
530
42.
234
Qrindings of wheat
. . thous. of bu
Stocks held by mills, end of month
4,701
5
033
4,
712
4
360
thous of sacks (100 Ib )
1,854
1,870
1,475
1,895
1,992
2.328
1,546
1,547
1,360
1,796
1,845
1,807
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)*
6.019
6.044
5. 675
5.865
5. 935
5.894
5.885
6.138
5.505
5.585
5.720
5. 630
dol. per sack (lOOlb.)..
5.590
5. 575
5.725
5.710
5.713
5.850
5.600
5.690
5.600
5.225
5.225
5.500
5.650
5.325
Winter, hard, short patents (Kansas City)*.do
r
1
2
Revised.
December 1 estimate.
September 1 estimate.
* No quotation.
|The indicated grain series have been revised as follows: Production—barley, corn, oats, 1944-49; rye, wheat, 1945-49; rice, 1949; stocks on farms— barley, corn, oats, 1944-49; wheat, 1945-49;
domestic disappearance of wheat and total United States stocks of domestic wheat, 1945-49. All revisions will be shown later.
fRevised series. Data are furnished by the Chicago Board of Trade and represent receipts at 12 interior primary markets; for names of markets and data for January 1948-July 1950, see
note marked "t" on p. S-28 of the October 1951 SURVEY.
cf The total includes wheat owned by the Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.
*New series. Data prior to February 1951 will be shown later.




SURVEY OF CURRENT BUSINESS

October 195:
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-29
1952

1951
August

September

October

November

December

Febru-

January

ary

March

April

May

June

July

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. perlOOlb..
Steers, stocker and feeder (Kansas City) -do
Calves vealers (Chicago)
do
Hogs:
Slaughter (Federally inspected)
thous. of animals. .
Receipts, principal markets
..do
Prices:
Wholesale, average, all grades (Chicago)
dol. per 100 lb-_
Hog-corn 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

422
1,064
2,066
293

373
956
2,307
515

500
1,140
2,928
893

457
1,122
2, 063
460

344
998
1, 533
200

382
1,096
1,648
133

343
985
1,481
158

397
927
1, 473
143

405
938
1, 581
128

388
1,009
1, 593
155

392
966
1,584
152

430
1,100
1,898
185

426
1, 135
2,078
338

36.39
32. 59
36. 75

36.99
31.90
36.25

36.75
31.97
37.10

36.29
31.63
36.00

34.59
30. 45
36. 00

34.25
31. 19
36.50

33.78
32.06
37.00

33.41
31.99
38.50

33. 39
31.32
37.00

33.29
32.06
36.75

32. 22
27. 21
34.50

32. 53
25. 24
32 00

32.52
25. 17
32.00

4,236
2,765

4,398
2,743

5,651
3,460

6,531
4,098

6,912
4,174

6,835
4,373

5,779
3, 626

5,776
3,561

5,281
3,163

4,482
2,800

4,259
2,771

3,641
2,268

3,592
2,203

17.07

20.35

19.62

20.09

18.30

17.74

17.42

16.56

16.58

19.61

19.25

19.96

19.98

'12.7

11.0

12.4

11.1

10.4

10.4

10.4

10.1

9.8

11.8

11.2

11.6

12.1

889
1,310
492

827
1,821
703

1,084
2,152
822

922
1, 157
305

810
946
119

1.042
1,150
123

990
971
109

971
988
119

941
1,068
131

939
1,070
141

926
1,045
133

908
1 067
176

1,020
1,455
479

31.50
31.34

31.25
32.64

31.00
32.00

31.00
31.31

30.75
30.50

30.25
0)

28.00
0)

26.88
0)

28.88
0)

28.12
0)

28.38
0)

28.38
24.25

28.62
24.63

1,374
550
56

1,668
531
44

1,841
728
87

1,866
966
108

1,977
1,146
113

1,715
1,264
115

1,656
1,313
94

1,557
1,320
65

1,476
1,201
62

1,444
' 1, 161
44

1,418
r
083
49

1,395
816

553, 31 7
102, 301
2,643

648,917
135, 560
892

645, 256
198, 647
2,189

585, 399
234, 679
850

656, 307
256, 247
660

593, 420
265, 700
1,006

557, 237
267, 437
1,116

566, 992
252, 350
892

610, 297
224, 432
1,636

582, 712
201, 504
1,531

659, 036
171, 444
1,666

669, 445
167, 321

MEATS
Total meats (including lard) :
1,488
Production (inspected slaughter).
mil. of lb_.
640
Stocks, cold storage, end of month
do
62
Flxports
do
Beef and veal:
Production (inspected slaughter)
thous. of l b _ _ 617, 158
101, 377
Stocks cold storage end of month
do
769
Exports
do
Price, wholesale, beef, fresh, steer carcasses, choice
.578
(600-700 Ibs.) (New York)
dol. perlb_.
Lamb and mutton:
39, 369
Production (inspected slaughter)
thous. of l b _ _
6,407
Stocks, cold storage, end of month
___do._ _
Pork, including lard, production (inspected
831,
556
slaughter)
thous. of lb_.
Pork, excluding lard:
Production (inspected slaughter)
_ _ d o _ .. 614, 815
401, 573
Stocks cold storage end of month
do
5,833
Fxports
- --do.
Prices, wholesale:
.574
Hams, smoked, composite
dol. perlb-.
.544
Fresh loins, 8-12 Ib. average (New York).. do
Lard:
Production (inspected slaughter)
thous. of Ib.- 158, 700
34, 702
Stocks, cold storage, end of month
do
48, 398
F.yports
do
.198
Price, wholesale, refined (Chicago).. .dol. per lb_.

r

.594

.601

.599

.579

.571

.562

.560

.564

.559

.540

.534

.559

36, 652
7,227

47, 490
9,767

42, 803
12, 536

37,915
13, 720

50, 536
13, 840

48, 986
13, 532

48, 201
14, 896

45, 703
13, 067

45, 306
16, 141

41, 392
14,902

38, 601
11,814

43, 880
11, 230

784, 336

971,381 1,153,267 ] , 242, 339 1, 269, 791 1,072,252 1,050,706

944, 623

820, 518

819, 934

720, 191

681, 587

579, 276
325, 959
5,753

718,673
276, 255
8,899

850,917
381, 870
7,484

905, 863
548, 604
11,257

931,607
704, 992
10, 337

594, 319
727, 665
8,655

601, 250
685, 033
9,285

595, 855
542, 707
10, 833

506, 990
401, 840

.568
.559

.574
.557

.549
.460

.544
,427

.546
.433

. 585
.552

.616
.612

149, 769
28, 372
41, 753
.208

184, 705
31, 344
29, 808
.209

221,097
39, 229
70, 076
.180

246, 363
53, 614
88, 194
.190

63, 264
166, 242
.276

77, 471
259, 920
.261

87, 278
309, 943
.248

3,943
468

4,240
370

958
151,293

771,472
793, 870
7,675

759, 957
822, 006
8,512

682, 678
823, 741
7,997

.527
.423

.526
.448

.531
.430

248, 037
49, 284
96, 445
.175

220, 934
53, 816
100, 339
.175

213, 346
70, 803
79, 627
.153

191, 803
88, 821
51, 552
.145

165, 818
105, 749
46, 395
.145

160, 274
132, 041
29, 038
.145

76, 887
302, 151
.284

35, 651
300, 000
.275

35,067
270, 397
.295

42, 273
232, 832
.295

41,462
194, 965
.258

58, 058
185, 688
.225

52, 212
174, 040
.218

4,345
357

4,793
429

5,409
894

5,716
1,681

6,441
2, 325

6,191
2,220

5,983
2,037

527
121,592

230
95, 143

141
67, 200

238
53, 055

942
60, 576

1 , 596
84, 295

2 184
111 185

.630

.669

.664

.496

.398

.382

.396

r

. 531
.550

r

r

.569
.535

141,823
132, 583
32, 421
.140

127, 696
122, 759

47, 806
157 045
.215

52, 536
141, 631
.235

5,032
1,427

4 463
1 571

4 155
1, 140

3 184
145 863

3 357
166 419

r 2 728
T 163 359

2 160
144 801

.359

.404

.525

.553

60, 948

T

.138

POULTRY AND EGGS
Poultry:
46, 157
Receipts, 5 markets
thous. of lb_.
121, 493
Stocks, cold storage, end of month
do
.288
Price, wholesale, live fowls (Chicago) § dol. per lb..
Eggs:
4,112
Production, farm
_
millions
498
Dried egg production. _ _ _ _ ..thous. oflb
Stocks, cold storage, end of month:
1,615
Shell
thous. of cases
176, 273
Frozen
- thous. oflb
Price, wholesale, extras, large (Chicago)
.595
dol. per doz__

.364

r

MISCELLANEOUS FOOD PRODUCTS
Confectionery, manufacturers' sales*- -thous. of dol. _
Cocoa:
Imports
..lone1 tons_.
Price, wholesale, Accra (New York).. dol. per Ib
Coffee:
Clearances from Brazil, total
thous. of bags. .
To United States
do
Visible supply, United StatesJ
_
do
Imports
do
Price, wholesale, Santos, No. 4 (New York)
dol. per l b _ _
Fish:
Landings, fresh fish, Sports
thous. o f l b _ _
r

70, 000

97, 000

111, 000

111,000

93, 000

89, 249

84, 067

78, 125

74, 423

60, 318

54, 335

47, 200

23, 235
.355

9,622
.341

6,090
.321

15,555
.295

16, 747
.326

32, 672
.331

27, 023
.358

30, 307
.384

24, 020
.381

28, 764
.384

28, 764
.378

12 977
.381

.3,54

1,419
888
591
1,295

1,482
962
619
1,217

1,792
1 089
736
1,742

1,725
1 008
562
1,882

1, 609
945
689
2,048

1,604
871
658
1 999

1, 331
758
955
2 292

1,521
899
966
2 042

1,015
626
850
1 707

953
566
7^6
1 126

1,024
624
691
1 297

1,177
719
579
1 408

1, 455
924
605

.536

.543

. 545

.543

.541

.550

.548

38, 843

25. 946

23, 139

69, 618

54,520 i

50, 468

i

.550

.548

.535

.533

.530

.545

29, 224

37, 963

51, 478

58, 606

72, 504

76. 851

J
Eevised.
No quotation.
§Series revised to represent quotations for heavy type.
*New series. Compiled by the U. S. Department of Commerce, Bureau of the Census, representing estimated total sales by manufacturers of confectionery and competitive chocolate products. The figures exclude sales of chocolate coatings and cocoa produced by chocolate manufacturers and sales by manufacturer-retailers with a single business location Revised data for
January 1049-June 1951 are shown in corresponding note in the September 1952 SURVEY.
JFor revised data for July 1040-October 1950, see note marked "J" on p. S-29 of the January 1952 SURVEY.




SUKVEY OF CURRENT BUSINESS

S-30
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 1!)."2

1951
August

September

October

19 52
November

December

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 __

r

1, 952

1,602

952

577

427

718

1,883

3,033

4,033

4,423

4,388

3,970

3,645

27, 762

98, 067
396, 322
111,020

464, 289
444, 726
92, 575

627, 848
314,637
102, 389

472, 810
164,866
155,925

84,442
364, 959
72, 083

32, 439
293, 390
40, 217

24, 680
692, 525
221, 145

29, 006
596, 991
180, 047

18,150
673, 682
200, 747

46, 465
503, 896
142, 458

34. 190
617, 504
167, 422

9. 971
573 936
177.071

' 675, 797 646,163
Deliveries, total
do
r
670, 204
643, 958
For domestic consumption
_ do
' 5, 593
2,205
For export
do
Stocks, raw and refined, end of month
1,121
958
thous. of short tons__
3,399
2,011
Exports, refined sugar
short tons
Imports:
314,012
252, 570
Raw sugar, total
do
246, 113
212, 522
From Cuba
do
57, 116
40, 041
From Philippine Islands
do

678, 741
676, 573
2,168

546, 529
544, 224
2,305

556, 802
536,614
20, 188

581, 376
578, 699
2,677

544, 553
542, 900
1,653

862, 480
860, 405
2,075

612, 641
608, 995
3, 646

596, 990
595, 062
1,928

896, 355
894, 103
2,252

758, 30S
755. 061
3,247

734. 684
731,370
3, 308

1,169
1, 470

1, 540
1,005

1,756
18, 264

1,613
867

1,473
1,122

1,241
11,522

1,283
25, 423

1,400
31, 620

1,114
28. 369

917
6, 116

831

242, 519
226, 799
11,984

237, 419
226 225
11, 191

75, 340
74,217
1,120

246, 416
223,704
22, 708

275.173
232, 234
42, 938

398, 577
307, 151
91,394

344, 860
281, 355
62, 886

436, 800
310, 072
126, 728

358, 007
198, 421
159, 587

356, 970
208, 611
148, 359

45, 251
45, 251

4,426
4,424

1
0

10, 221
10, 220

22, 073
21, 873

27, 245
26, 895

52, 053
51, 403

31,464
30,664

36, 198
35, 524

3S, 100
33. 287

Refined sugar, total
From Cuba
_
Price (New York):
Raw, wholesale
Refined:
Retail _
__
Wholesale
Tea imports

32, 735
32, 728

28,013
28,013

_ _ dol. perlb..

.060

.060

.059

.060

.058

.058

.059

.063

.062

.062

.066

.066

. 004

_ _ _ dol. p e r 5 1 b _ .
dol. per Ib
thous of Ib

.497
.084
7,152

.496
.083
5,835

.486
.081
4,945

.482
.081
5,842

.482
.081
6,713

.483
.081
7,769

.480
.080
6,659

.476
.080
9,855

.489
.085
8,798

.492
.085
7,132

.492
.085
7,044

.494
.086
8,482

.494
. 086

.
_

542, 615
195, 252

do
do

TOBACCO
Leaf:
Production (crop estimate)}!
mil oflb
Stocks, dealers' and manufacturers', end of quarter total
mil of Ib
Domestic:
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and^ miscelForeign grown:
Cigar leaf
Cigarette tobacco
Exports including scrap and stems
Imports including scrap and stems

do
do
thous of Ib
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_ _
Ciears (large) tax-paid
thousands
Manufactured tobacco and snuff, tax-paid
thons; of lb_.
Fxports cigarettes
millions
Price, wholesale, cigarettes, manufacturer to
wholesaler and jobber, f. o. b. destination*
dol. per thous..

2

* 2, 282

4,271

3,760

4,245

2,210

3,826

373

350

402

385

3,203

3,732

3,648

3,243

48, 266
9,813

17
166
74, 746
8,503

87, 519
13, 702

60, 337
10, 303

18
170
60, 623
5, 734

33, 836
8, 572

29, 752
r
8, 862

19
176
25, 891
7,466

18, 126
7,685

27, 078
8,978

19
179
27, 497
7,987

26, 087
8,966

21, 665
8,240
9,741
3,684

19, 777
7,049
9,669
3,060

18,292
7,120
8,017
3,154

20, 624
7,853
9,243
3,528

14, 958
5, 739
6,018
3,201

19,884
7, 516
8,619
3,749

18, 553
7, 253
7,826
3,473

17,912
6,705
7,729
3,478

18, 048
6,898
7,852
3,298

18, 892
7,328
8, 456
3,109

18, 444
7,324
7,995
3,126

16.319
0, S27
7 230
2, 263

3, 499
35, 601
533, 739

2,773
30, 800
490, 938

3,416
37, 477
590,616

3, 708
33, 994
554,341

3, 508
23, 847
367, 906

4,141
37, 598
494, 556

2,974
29, 308
446, 560

3,107
29, 878
478, 101

2,889
31, 774
491, 964

3, 348
32, 920
496, 512

2,365
34, 511
496, 450

2, 833
33, 837
504, 045

35, 859
485. 006

21,551
1,704

19,486
1.443

14, 374
1,208

24, 005
1,742

14, 353
1,443

19, 450
1,517

18,490
1,215

16, 759
1,566

18, 076
941

18, 331
1,492

18, 443
1 043

15, 744
1,329

18, 787

3.555

3. 555

3. 555

3.555

3. 555

3. 555

3.555

3.555

3.555

3.555

3.555

3. 555

3. 555

LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skinsj
thous. of l b _ _
Calf and kip skins
thous. of pieces.
Cattle hidest
do
GoatskinsJ
_ _ do .
Sheep and lamb skins
do
Prices, wholesale (Chicago):
Calfskins, packer, heavy, 9H/15 lbs.*__.dol. per lb._
Hides steer, heavy, native, over 53 Ibs.* _ do. .

30, 707
136
416
2, 819
2,632

25, 956
78
187
1,931
5,755

21,212
105
202
1,814
2,358

13, 057
78
158
1,821
925

11,420
110
110
1,804
1,133

12, 972
81
186
2, 307
668

10, 717
26
109
1, 013
880

10, 388
27
74
1,770
1,998

16,447
169
128
1,812
3,228

12, 771
127
239
2,015
1,565

19, 148
164
133
2,419
4,224

19, 400
211
232
3,410
1, 903

.557
.308

.486
.323

.475
.310

.399
.216

.379
.188

.400
.140

.375
.133

.325
.128

.275
.103

.388
.143

.388
.148

.425
.155

LEATHER
Production:
605
557
490
567
601
805
717
Calf and kip
thous. of skins
732
792
703
685
769
r
1, 861
1,750
1,555
1.646
1,886
1,880
1, 802
1,753
1,782
Cattle hide
thous. of hides
1,010
1,880
1, 827
r
2,475
2,019
1,842
1,847
2, 000
2, 014
2, 513
2,430
Goat and kid
thous of skins
2, 000
2,440
2, 337
2,417
2,137
2,159
1,872
1,672
1,881
2, 047
2,279
2,081
2,291
2,102
Sheep and lamb
do
2,315
1,911
Exports:
Sole leather:
18
18
17
7
3
60
8
27
Bends, backs, and sides
thous. of lb_10
50
25
16
89
82
17
76
113
10
Offal, including belting offal
do
43
49
20
73
35
2 134
1,118
2, 321
2,312
1,706
2,621
1,549
1, 925
2,482
Upper leather
thous of SQ ft
2, 587
2, 436
2 270
Prices, wholesale:
3
. 800
.930
.930
.780
.780
.740
Sole, bends, light, f. o. b. tannery* .. _ dol. per lb_.
.710
. 760
.670
.070
.705
.705
Upper, chrome calf, B and C grades, f. o. b. tan.955
.955
.906
3. 842
.842
.807
.808
.787
. 805
.835
.873
.848
nery*
dol. per so. ft__
!
2
3
r Revised.
December 1 estimate.
September 1 estimate.
Specification changed; earlier data not strictly comparable.
tR-evisions for tobacco (1944-49) are shown in note marked "§" in the September 1952 SCRVEV; those for the indicated scries for hides and skins (1950), m note marked "J" in the October 1951
issue.
*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistic*; data prior to August 1951 for sole leather and prior to February 1951 for upper will be shown later.
NOTE FOR LUMBER SERIES, P. S-31. Revisions for January-July 1951 (mil. bd. ft.) are as follows: Tola! lumber, production—total, 2,919; 2,701; 3,203; 3,293; 3 580; 3 445- 2 981'
hardwoods, 010; 548: 071; 058; 60S; 724; 003: softwoods, 2,303; 2,153: 2,532: 2,035; 2,882; 2,721; 2,318; shipments—total, 3,100; 2,784; 3,334; 3,274; 3,281; 2,999; 2,022; hardwoods. O i l " 535; 082; 080: 598
540; 494; softwoods, 2.489: 2,189; 2,052; 2,594; 2,080; 2,453; 2,128; stocks—total, 0,482; 0,390; 0,203; 0,281; 0,583; 7,034; 7,390: hardwoods. 2,178; 2,131; 2,120; 2,098; 2,199; 2,370; 2,544: softwoods, 4.304;
4,265; 4,143; 4,183; 4,384; 4,058; 4,852; Douglas fir, new orders, 1,059; 731; 985; 924; 927; 718; 723; unfilled order*. 1,237; 1,179; 1,164; 1,131; 1,089; 900; 1,030; production, 890; 812- 892' 919- Q«l- 898'073shipments, 913; 780; 988; 941; 954; 830; 037; stocks, 795; 827; 732; 710; 737; 799; 835; Southern pine, new ordfrs, 939; (182; 821; 079; 090; 005; 030; unfilled orders, 480; 452; 449; 392; 331; 299; 286: production,
700; 083; 805; 703; 817; 095; 088; shipments, 814: 710, 824; 730' 751; 037; 043; stocks. 1.409; 1,430; 1,417; 1,444; 1,510; 1,508; 1,013: Western pine, new 'orders, Mo; 427; 529; 039; 692; 714" 078' unfilled orders
749; 725; 709; 731; 742; 754; 734; production, 378; 394; 531; 035; 744; 795; 690; shipments, 483; 430; 521; 005; 05G; 677; 603; stocks, 1,337; 1,298; 1,305; 1,334; 1,427; 1,551: 1,648.




SURVEY OF CURRENT BUSINESS

October 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-31
1952

1951

September

August

October

November

December

January

February

March

April

May

June

July

August

LEATHER AND PRODUCTS—Continued
LEATHER

MANUFACTURES

Shoes and slippers: J
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:
Mien's
do
Youths' and boys'
do
Women's
do
Misses' and children's
__
do
Infants' and babies'
do
Slippers for housewear
_
do
Athletic
do
Other footwear
_.do
Exports§
do
Prices, wholesale, f. o. b. factory:*
Men's and boys' oxfords, dress, cattle hide
upper, Goodyear welt
dol. per pair. .
Women's oxfords (nurses'), side upper, Goodyear welt
dol. per pair..
Women's and misses' pumps, suede split-do. ._

43, 234

36, 130

38, 783

34, 884

32, 227

41, 306

42, 518

43, 967

43, 082

41, 436

39, 747

38, 520

37, 532

30, 844

32, 822

29, 462

28, 794

38, 290

39, 133

40, 142

38 879

37, 248

35, 408

33, 946

32, 796
3,839

26, 862
3,105

29, 450
3,372

26, 262
3,200

25, 511
3,283

33, 694
4,596

34, 081
5 052

34, 408
5 734

32, 658
6 221

31, 536
5 712

30, 735
4 673

29 938
4 008

9, 156
1,468
19, 862
4,480
2,566
5,091
198
413
289

7,969
1,258
15, 580
3,800
2,237
4,660
189
437
283

8,755
1,319
15, 713
4,321
2,714
5,395
205
361
229

7,739
1,097
13 711
4,290
2 625
4,930
180
312
359

7,023
1,068
13 740
4.356
2,607
3,032
176
225
302

8,577
1.263
19 676
5,623
3 151
2 511
216
289
219

8 541
1,371
20 365
5. 667
3 189
2,851
233
301
321

8 531
1,374
21 191
5,785
3 261
3 277
223
325
400

8 613
l' 369
20 363
5 292
3 242
3 647
216
340
386

8 462
1,492
18 973
5 168
3 153
3 626
209
353
352

8 279
1. 586
17 926
4 728
2 889
3 816
181
342
280

7 256
1 485
18 385
4 393
2 427
4 070
169
335
246

i 5. 760

5.760

5.623

5.586

5.523

5.523

5.523

5.523

5.311

5.126

5.126

5.126

5. 126

5.037
3.933

5.037
3.933

4.836
3.933

4.711
3.933

4.678
3.890

4.678
3.801

4.861
3.767

4.861

4.678

4.646

4.646
3.700

4.479
3 700

4. 479
3 700

69, 868
203 316

75 651
190 425

68, 990
209 112

61 137
221 006

47 533
183 140

LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports, total sawmill products
Mbdft..
Imports, total sawmill products ._
do
National Lumber Manufacturers Association:©
Production total
mil bd ft
Hardwoods
do
Softwoods
..do _.
Shipments total
do
Hardwoods
- _.do
Softwoods
do
Stocks, gross (mill and concentration yards), end
of month, total
mil. bd. ft._
Hardwoods
_do
Softwoods
do
SOFTWOODS
Douglas fir:©
Orders new
..
do
Orders, unfilled, end of month
do
Production
do
Shipments
__
do
Stocks, gross, mill, end of month.
do
Exports, totaj sawmill products
M bd. ft..
Sawed timber
do
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, No. 1 common, 1" x 4", E. L.
dol. per M bd. ft_.
Flooring, B and better, F. G., 1" x 4", R. L.
dol. per M bd. ft_.
Southern pine:©
Orders, new
mil. bd. ft
Orders, unfilled, end of month
.do
Production
do
Shipments
_. .
do
Stocks, gross (mill and concentration yards), end
of month
mil bd ft
Exports, total sawmill products., _ _ _ M bd. ft..
Sawed timber
do
Boards, planks, scantlings, etc
do
Prices, wholesale, composite:
Boards, No. 2 and better, 1" x 6" x R. L.*
dol. per M bd. ft..
Flooring, B and better, F. G., 1" x 4" x S/L*
dol. per M bd. ft_.
Western pine:©
Orders new
mil bd ft
Orders, unfilled, end of month
do
Production
do
Shipments
- - do
Stocks, gross, mill, end of month
do
Price, wholesale, Ponderosa, boards, No. 3 common, 1" x 8"
dol. per M bd. ft

102, 367
220, 111
r

' 76, 371 ' 106, 032
206, 518
232, 368

81, 223
213, 663

' 80, 437
160, 885

2 45, 873
142 814

2, 694
3, 084
'515
2, 569

'3 059
' 645
' 2, 414
' 2 805
' 496
' 2 309

r3
r
'2
'3

262
640
622
194
r
565
' 2 629

' 2 978 ' 2 494
'593
' 558
' 2 385 ' 1 936
' 2r 950 ' 2 402
597
' 518
' 2 353 ' 1 884

' 7, 673
' 2, 693
' 4, 980

' 7, 930
' 2, 843
' 5 087

' 7, 998
' 2 917

' 8, 025
' 8, 110
' 8, 206
r 2 913
' 2 952 '3 082
' 5 112 ' 5 158 r 5 124

'848
'983
'898
'886
'847
53, 980
12, 453
41, 527

'815
'988
' 844
' 798
'893
38, 438
7,421

' 884
'946
' 909
' 913
'888
47, 677
20, 823
26, 854

r
r
r

3, 357
T
663

31,017

r 5 081

' 738
'828

' 755
'904

r 831

r 717

' 844
'875
43, 714
21 143
22, 600

' 668
'924
43, 652
14, 856
28, 796

' 2 743
'567
' 2 176
' 2 777
' 574
' 2 203

' 883
' 1. 030
r 799
r 752
'971

15,250

9 110
6,140

' 94, 248
168 653

r 2 805
' 2 179
r 2 879
' 631
' 2 248

r 2 958
' 670
' 2 288
T 2 950
' 645
r 2 305

' 8, 127
'3 077
' 5 050

' 8, 106
'8,016
'3 075 r 3 075
' 5 031 ' 4 941

r 626

' 814

'1,001
r 830
r 833

'968
55, 541
17 657
37, 884

r 806

'961
' 860
' 835
'993
37, 254
9 292
27, 962

r 3 162

' 612
' 2 550
' 3 217
r 612

r 2 605

r 906
'904
T Q19

' 949
'903
43, 300
19 090
24, 210

' 3 030
' 604
' 2 426
r 2 996
' 604
r 2 392

'8,046

r 3 075
' 4 971

' 727
'848
' 746
' 771
'878
32, 496
10 498

21,998

' 3 158
' 614
' 2 544
r 2 999
r 558
' 2 441

3 196
630
2 566
3 030
569
2 461

' 8, 204

8,343

r 3 131

r 5 073

r 775
'828
' 829
r 784

'923
31, 621
7 121
24, 500

3 398
705
2 693
3 305
656
2 649

8,436

3 192
5 151

3 241
5 195

900
990
778
727
948
19, 542
8 886
10' 656

865
921
920
920
948

81. 935

82. 212

82. 648

81.741

81. 368

81. 508

82. 467

82. 887

85. 239

84. 840

84. 840

86. 303

T> 86. 432

130. 230

129. 842

129.842

128.617

128. 209

126.575

126. 575

125. 432

125. 759

124. 942

122. 868

121. 234

P 120. 458

'
'
'
'

'
'
'
'

r 752
r 334
' 699

756
326
735
764

759
365
705
720

' 1 633 T } 618
11 025
8 150
5 673
1 993
5,352
6 157

1 589
6 477
1 928

1 574

'753
'329
' 718
'710
' 1, 621
11, 929

2,677
9,252

' 707
'370
' 632
' 666

'
'
'
'

772
381
692
761

' 1 587 r 1 518
14, 292
16,996

2,336

11, 956

3,522

13, 474

' 604
' 337
r 660

' 648

' 522
'310
' 595
' 549

' 748
' 312
' 791
r
746

712
327
707
697

r i 530

r 1 576

r 1 621

r 1 P31

9,505

11, 665
3, 725
7, 940

8,878

11 975
2 595

2,714
6,791

1 390

7,488

9,380

700
318
688
709

' 1 610
10 278
2 400
7, 878

r 744
' 300
r 758
' 762
r 1 606

10 276
1 364
8,912

r 749
r 296
r 780

r 753

r 714

4,549

78. 625

78.915

79. 735

80. 612

80. 797

80. 642

80. 196

79. 765

79. 676

79. 662

78.815

79. 250

p 80. 138

155.061

155. 061

155.061

155.061

155.061

155.061

155. 061

155.061

155. 061

155.061

155. 406

156. 068

p 157. 81 6

' 496
'716
' 393
r 447
' 1, 820

r 552
' 684
T 335
r
454
' 1, 690

' 490
'472
' "65
' 441
' 1, 609

' 473
' 1, 585

r 579
' 1, 594

739
610
753
678
1,755

707
656
737
6S7
1,805

83 50

P 83 50

r 701
'701
' 752
' 670
' 1, 733

' 655
' 714
' 642
' 574
1,803

' 1, 857

r 594
'714
' 602
' 579
' 1, 879

'1,615

' 680
'548
' 698
' 633
' 1, 680

81.68

78.97

78 85

78.17

78.74

78 58

79 22

80 39

82 10

82 28

83 51

283, 888
271, 248
92, 191

243, 039
235, 705
98, 984

269, 140
257 872
110, 150

187, 341
189 508
108, 524

176, 257
195 384
88, 454

244,011

253, 003
260 8] 5
85, 003

269, 857
26° 732
85, 350

282, 864
282 070
85, 800

231, 160
2^0 155
86, 033

' 699
'745
r 6Q8
r 646

' 498
'465
r 451

r 608

'602
r 564

' 609
'501
' 592
' 571

SOFTWOOD PLYWOOD
Production
thous. of sq. ft,, %" equivalent-Shipments
_ _
_ _ _ do
Stocks, end of month
do

238 911
92, 577

' 269, 066 ' 224, 756
r 273 123 r 211 998
'81,849 ' 92, 747

279, 531
272 193
101, 237

HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new
_
M bd. ft
3,175
3,350
3 150
4 550
3 550
3 700
4 800
3 575
3 600
3 550
4 0^0
2 850
4 100
Orders, unfilled, end of month
__do
14, 500
1 2, 950
12, 300
15, 650
13, 500
12, 250
13, 050
11,700
10, 200
10, 700
9,600
9, 500
9,700
4 15()
4 350
4 3Qo
3 400
Production
do
4 800
3 900
4 500
5 450
3 750
4 750
3 650
4 000
3 000
9' 675
Shipments __
do
5,200
3, 600
3, 550
4,100
4 250
4 350
3 750
3 800
3 350
3 650
4' 250
3 550
Stocks, mill, end of month
do
7,575
5,850
6,500
7,300
6,900
8,050
8,250
8,600
9,575
9,475
9,400
8, 650
8,900
r
1
Revised.
p Preliminary.
Specification changed; earlier data not strictly comparable.
2 Data beginning
schedule. {Revisions for January-October 1950 are available upon request.
.,
,. January 1952 have been adjusted to conform to the 1952 revision of the export
r
cf 1 he 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.
§Excludes "special category" items.
*New series. Data are compiled by the U. S. Department of Labor, Bureau of Labor Statistics: monthly data prior to March 1951 (February 1951 for softwoods) will be shown later.
©Revised monthly data for 1948-50 will be shown later. Revisions for January-July 1951 are shown at bottom of p. S-30.




SUEVEY OF CURRENT BUSINESS

S-32
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 1952
1952

1951

August

September

October

November

December

January

February

March

April

May

June

July

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

83, 288
57, 246
83, 699
80, 782
64, 635

84, 032
65, 778
74, 297
75, 500
63, 432

83, 335
66, 613
86, 628
85, 372
64, 688

57,156
54, 985
81,035
73, 263
72, 460

49, 607
53, 002
64, 181
54, 554
82, 087

77, 919
56, 995
78, 657
73, 926
86, 818

87, 840
67, 795
73, 094
77, 040
82, 872

80, 919
76, 931
75, 660
77, 366
81, 168

89, 018
79, 142
82, 922
84, 643
77, 817

84, 306
78, 777
84, 953
84, 671
77, 257

64, 926
69, 938
79, 701
77, 844
77, 096

70, 446
66, 775
79, 941
79, 428
77, 609

223, 832
54, 735
89, 559
4,805

75, 162
61 721
80, 074
81, 531
75, 371

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports total
short tons
ScrapQ
do
Imports total
do
Scrap
- - do

305,893
22, 213
279, 818
26, 074

349, 615
25, 455
255, 268
17,116

296, 081
20, 651
248, 186
17,417

344, 232
21, 533
219, 559
24, 630

416, 700
19,115
257, 307
22, 013

402, 297
21, 992
235, 432
15, 169

406, 835
16, 247
182, 090
9,285

502, 778
17, 074
148, 562
12,115

483, 074
21,200
119. 661
13, 441

529, 360
29, 928
99,315
7,635

339, 759
42, 058
92,539
2,829

6,288
3,240
3,048
4,427
1,212
3,215

6,023
3,127
2, 896
4,437
1,215
3,222

6,574
3,409
3,165
4,492
1,255
3,237

6,268
3,244
3,024
4,422
1,240
3,183

6,141
3, 166
2,975
4,366
1,199
3,168

6,549
3,426
3,123
4, 356
1,166
3.190

6,241
3,215
3,026
4,697
1,153
3,544

6,611
3,407
3,204
5 072
1,178
3,894

6,004
3,027
2,977
5,473
1,236
4,238

6,014
3,034
2,980
5 861
1,263
4,598

2,295
985
1,309
6 245
1,272
4,973

15, 832
16, 448
6,515

14, 764
14, 900
6,381

13, 900
14, 623
5,639

7,052
7, 500
5,182

3,682
3,132
5,794

3,704
2,108
7,404

3,605
2,160
8,849

3,714
2,341
10, 236

9,073
8,655
10, 629

13, 702
13, 779
10, 551

1,633
3,245
8,940

2,759
1,781
9,906

13, 229
7,699
39, 920
35, 057
4,863
1,049

12,672
7,473
45, 453
39, 504
5,950
848

11,089
7,749
50, 229
43, 425
6,804
1,105

5, 695
7,624
49, 099
42, 258
6,841
740

791
7,639
43, 711
37,315
6,396
656

0
7,527
35, 927
30, 369
5,558
659

0
7,229
29, 207
24, 693
4,514
624

0
8,022
21,451
18, 082
3,369
674

6,532
6.616
19, 592
16, 487
3,105
687

12, 497
6, 932
25. 904
22, 230
3,675
699

2,487
1,403
27, 170
22, 611
4,559
860

1,904
1,544
27, 388
22,904
4,484
726

69

71

68

79

65

78

70

73

80

63

47

58

2,145
1,219
698

2,055
1,115
626

1, 983
1,302
733

1.934
1,184
674

1,847
1,033
583

1,801
1,199
694

1,766
1,155
655

1,711
1,172
661

1,614
1,205
653

1, 459
1,101
620

1,446
835
502

1,410
636
432

249, 273
90, 727
57, 164

244, 575
82, 276
48, 568

238, 019
93, 884
58, 251

220, 740
88, 210
53. 682

215,134
76, 045
45, 543

202, 799
87, 003
54, 988

193,061
82, 898
50, 129

196, 896
80, 960
49, 084

198, 215
89, 270
56, 337

180, 382
81, 770
51,476

173,353
74, 446
46, 511

166, 517
45, 266
29, 675

6, 063
6,001

5,890
5,898

6,197
6,274

5,911
5,922

5,977
5,916

6,040
6, 106

5,785
5,756

6,300
6,219

5,225
5,280

5,492
5, 402

1,068
1,110

1, 003

5,831

1,819

1,818

1,844

1,811

1,751

1,761

1,764

1,789

1,715

1,729

1 669

53. 62
52. 00
52.50

53. 67
52. 00
52.50

53.67
52. 00
52.50

53. 67
52.00
52. 50

53.67
52.00
52.50

53. 67
52. 00
52.50

53. 67
52. 00
52. 50

53. 67
52.00
52. 50

53. 67
52.00
52.50

53. 80
52.00
52.50

53. 81
52.00
52.50

53.81
52. 00
52.50

53.81
52.00
52.50

160, 695
116, 658
34, 693

189,929
139,953
39, 290

176,728
131, 276
34, 524

165, 110
123,448
32, 733

183, 738
139, 488
36, 650

174, 626
133, 602
31,317

173, 694
131,997
32,118

175, 075
134, 325
33, 549

173, 635
132, 129
35, 227

141, 628
114,410
30, 455

119,036
97, 633
20, 752

Iron and Steel Scrap
Consumption total!
Home scrap
q,

thous of short fcons
do

,
Tnpr<?' p d r>f month total§
Home scrap

do
do

Ore
Iron ore:
All districts:
M^ine production
thous of long tons
Shipments
do
Stocks at mines end of month
do
Lake Superior district:
Shipments from upper lake ports
do
Consumption by furnaces
do
Stocks, end of month, total .
do
At furnaces
do
On Lake Erie docks
do
Imports
do
Manganese ore, imports (manganese content)

14, 368
7,243
34, 137
29, 449
4,688

Pig Iron and Iron Manufactures
Castings, gray iron:§
Orders unfilled for sale
thous of short tons
Shipments total
do
For sale
do
Castings, malleable iron:§
Orders unfilled for sale
short tons
Shipments total
do
For sale
do
Pig iron:
Production. _
thous. of short tons
Consumption§
do
Stocks (consumers' and suppliers') , end of month §
Prices, wholesale:
Composite
dol. per long ton
Basic (furnace)
_
_
do
Foundry, No. 2, f. o. b. Neville Island
do
Steel, Crude and Semimanufactures
Steel castings:
177,096
Shipments, total
short tons
128,981
For sale, total
do
41, 162
Railway specialties
do
Steel forgings:f
1, 435, 893
Orders unfilled, total .
do
157,973
Shipments for sale total
do
103, 962
Drop arid upset
do
54, Oil
Press and open hammer
do
Steel ingots and steel for castings:
8,739
Production
thous. of short tons..
99
Percent of capacity!
_ _
Prices, wholesale:
.0471
Composite, finished steeL
_ _dol. per Ib
Steel billets, rerolling (producing point)
56.00
dol. per short ton__
.0400
Structural steel (producing point)
dol per lb._
Steel scrap, heavy melting (Pittsburgh)
45.00
dol. per long ton..

1,418,515 1,426,645 1,446,118 1,410,646
176, 342
149, 736
165, 023
191,483
119,047
109, 014
97, 326
130,675
57, 295
52, 410
60. 808
56, 009

1,471,620 1,464,255
190, 774
187,487
125, 042
129, 761
62, 445
61,013

1,359,752 1, 349, 288 1, 318, 889
176,441
168, 286
155, 840
127, 768
125, 736
114,271
48, 673
41, 569
42, 550

8,660
101

9,122
103

8,799
103

8, 891
101

.0471

.0471

.0471

.0471

.0471

.0471

56.00
.0400

56. 00
.0400

56. 00
.0400

56. 00
.0400

56.00
.0400

56.00
.0400

45.00

44.75

44.00

44.00

44.00

44.00

44.00

9,136
99

8, 657
101

7,991
90

8,205
89

.0471

.0471

56.00
.0400

56.00
.0400
44.00

9,404
102

r

1,248,204 1, 289, 597
96 828
135 398
69, 165
101, 861
27 663
33. 537
8,449
92

1, 639
18

1,627
18

.0471

.0471

.0476

.0498

56.00
.0400

56.00
.0400

56.00
.0400

* 59. 03
P . 0420

44.00

44.00

44.00

44.00

Steel, Manufactured Products
Barrels and drums, steel, heavy types:
7,294
7,570
9,076
8, 535
8,036
7,830
8,126
7,484
7,052
7,737
Orders, unfilled, end of month
thousands. .
6,406
6,502
6, 133
2,176
2,085
1,961
2,322
2,511
2,147
2,781
Shipments
do
2,207
2,117
1,655
2,008
1 964
1 629
32
59
24
31
66
31
26
51
58
48
35
34
Stocks, end of month
do
25
r
Revised.
*> Preliminary.
GData beginning 1951 have been adjusted in accordance with the revised export schedule to exclude exports of tinplate, circles, strips, etc.
§Data beginning January 1951 are estimated totals derived from a survey of approximately 1,300 establishments by the Bureau of Mines and the Bureau of the Census.
IThe Bureau of the Census estimated industry totals beginning May 1951 are based on reports from forge shops (shipping 50 tons or more per month) which account for over 95 percent of
all forgings produced. For May, shipments by the additional plants increased total shipments 7 percent (based on revised data); for total unfilled orders, the adjusted May figure is increased
27 percent and also includes orders for the manufacturers' own use.
JFor 1952, percent of capacity is calculated on annual capacity as of January 1, 1952, of 108,587,670 tons of steel; 1951 data are based on capacity as of January 1, 1951, of 104,229,650 tons.




SURVEY OF CURRENT BUSINESS

October 1952
Unless other-wise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-33

1951
S

August | 7™-

October

1952

November

December

January

February

March

June

July

277, 629
175, 158
102, 471
239, 311
1,071
30, 241

' 333, 416
' 218, 947
114, 469
287, 127
1,010
30, 773

424, 025
293, 501
130, 524
388, 040
998
28, 542

April

May

287, 223
173, 414

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 _ _ _
_
- doCommercial 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 terne plate
-. . do.__
Wire and wire products
do

483, 188
367, 257

374, 200
254, 635
119, 565

428, 044
1,118
33, 638

417, 378
306, 610
110, 768
371, 686
927
24, 692

333,018

1,026
24, 625

107, 433
229, 422
820
19, 900

6,756

6,207

6,844

6,509

115,931

744
184
322
785
691
165
1,719
191
185
407
430
492

712
160
314
719
657
139
1,548
162
185
386
358
456

785
170
315
809
684
165
1,716
184
199
442
394
505

263, 468

235, 107
140, 325
94, 782
203, 902
774
16, 903

234, 372
90, 375
195, 980
976
22, 717

235, 648
144, 439
91, 209
199, 445
896
24, 316

266. 920
157, 279
109, 641
228, 841
962
25, 357

778
155
283
784
666
136
1,693
165
184
421
327
479

6,411
748
162
313
777
708
146
1.590
154
180
409
352
441

6, 589
797
168
285
811
707
156
1,644
180
186
427
298
477

6, 358
757
158
268
795
711
138
1,534
158
171
437
359
448

6,890

5, 922
693
144
292
718
658
128
1, 434
143
143
354
398
422

5,947

801
193
317
872
784
162
1.609
156
170
431
478
465

740
158
305
723
637
133
1,484
140
156
361
334
403

1, 250
123
28
55
182
110
11
321
62
33
36
104
85

72, 246
229, 563

72, 454
203, 624

76, 934
325, 071

72, 374
212, 481

77, 069
311, 137

76, 880
209, 286

80, 803
248, 033

77, 476
272, 633

78, 368
318, 763

85, 175

156,035

143,997

113,809

240, 976
1,104
27, 774

NONFERROUS METALS AND PRODUCTS
Aluminum:
73,816
Production primary
short tons
251, 283
Imports bauxite
- long tons_
Price, wholesale, scrap castings (N. Y.)
. 0775
dol. per lb._
Aluminum fabricated products, shipments,
rt
197. 2
totalo*
mil. oflb
'2 45. 2
Castings
do
152.0
Wrought products, totaled
do
91.5
Plate sheet and strip
do _
.375
Brass sheets, wholesale price, mill
dol. perlb..
Copper:
Production:
Mine production, recoverable copper
short tons.- & 67, 979
Crude (mine or smelter, including custom in73, 324
take)
short tons..
79, 613
Refined
_ _ _ _do _._
104,
938
Deliveries refined domestic
do
70, 937
Stocks, refined, end of month _do
6,714
Exports refined and manufactured
do
58, 969
Imports, total
do
35, 935
Unrefined including scrap
do _
23, 034
Refined
_ _ _ _ _ _ _ do __
.2420
Price, wholesale, electrolytic (N. Y.)..dol. per lb._
Lead:
Ore (lead content):
29, 686
Mine production
- short tons.
29, 280
Receipts by smelters, domestic ore
do _ _ _
Refined (primary refineries) :
31, 756
Production
do
40, 252
Shipments (domestic)
do. __
24, 997
Stocks, end of month
do
Price, wholesale, pig, desilverized (N. Y.)
.1700
dol. per lb_.
Imports, total, except mfrs. (lead content)
26,
950
short tons__
Tin:
2,797
Production, pig
long tons
5, 175
Consumption, pig
do_ _ _
27, 802
Stocks, pig, end of month, total§
do
15, 500
Governments _ _ _
_ _ _ _ do _
12, 236
Industrial __ _
_do___
Imports:
2, 430
Ore (tin content)
_ do. _
1,172
Bars, blocks, pigs, etc
do
1.
0300
Price, wholesale, Straits (N. Y.)
dol. perlb._
Zinc:
Mine production of recoverable zinc
54, 364
short tons__
Slab zinc:
74, 035
Production
do
74, 391
Shipments, total
. _ _ _ _ do
65, 696
Domestic
do
11,244
Stocks, end of month
__ _
do _
Price, wholesale, prime Western (St. Louis)
.1750
dol. per lb_.
32, 841
Imports, total (zinc content)
short tons
4,098
For smelting, refining, and export
do
For domestic consumption:
23, 539
Ore (zinc content)
do
5,204
Blocks, pigs, e t c
_ _ _ _ _ _ _ _ do__

69, 429

211,953
.0775
'171.0

'41.9
129.2
77.5
.383

72, 647
275, 407

.0775

.0775

.0775

.0775

.0775

.0775

.0775

.0768

.0725

.0708

.0740

' 189. 6
'45.4
144.1
82.5
.383

' 180.8
'41.7
139.2
78.8
.383

' 175. 2
MO. 9
134.3
75.5
.383

193.8
44.6
149.1
81.3
.383

191.3
45.0
146. 3
78.7
.383

200.1
46.4
153.6
82.9
.383

209.7

r 200. 9

49.8
159. 9
85.1
.383

205. 5
47.8
157.8
86.5
.383

'45.3
155.5
87.7
.383

188.8
40.1
148.7
86.1
.402

159.6
92.2
.402

' 69, 024 ' 81, 077 ' 76, 917 ' 78, 939
74, 165
74, 354
121, 879
62, 093
4,971
46, 566
27, 551

19,015
. 2420

87, 896
104, 148
125, 286
78, 192

9,864

42, 943
18, 164
24, 779

.2420

82. 617
103, 614

86, 680
98. 532
119, 577

68, 160
16, 488
39, 714
13, 151
26, 563

16, 599
36, 021
19, 229

123,646

71.528

.2420

16,792
. 2420

77, 691

72, 564

78, 851

80, 332

81, 996

74, 032

' 76, 207

72, 998

83. 192
100, 269
130, 430
60, 836
1
10, 598
49, 580

80, 876
95, 979
104, 795
59, 747
12, 842
41, 941
28, 361
13, 580

87, 110
94, 563
112, 625
58, 487
15, 303
48, 272
25, 928
22, 344

89, 479
98, 402
107, 355
61, 223
19, 494
42, 948
23, 354
19, 594

92, 946
97, 593
105, 362
55, 351
20, 252
37, 172
14, 342
22, 830

80, 392
92, 151
98, 416
70, 856
18, 347
33, 061
26, 338
6, 723

' 81, 601
96, 049
115. 179
73, 657
15, 435
65, 847
38, 883
26, 964

79, 615
95, 366
126, 941
83, 771

.2420

.2420

31,702

" 16,674
32, 906

.2420

.2420

.2420

.2420

.2420

.2420

27, 620
27, 755

33, 110
31, 806

32, 326
28, 775

33, 499
27, 273

34. 381
28, 501

34, 337
40, 148

33, 662
41, 251

34, 363
35, 762

33, 767
36, 149

32, 962

' 29, 849
28, 829

29, 649
32, 393

30, 474
31, 654
23, 640

34, 273
31, 164
26, 742

36,234
37, 084
25, 871

36, 754
37, 274
25? 339

43, 746
40, 390
28, 578

41,133
41.291
31, 297

48, 943
39, 161
41, 040

39, 329
38, 225
41, 820

45, 546
28, 591
58, 775

38. 987
39, 563
58, 190

37, 489
51, 534
44, 140

45, 499
39, 767

.1600

41,836

.1700

.1900

.1900

.1900

.1900

.1900

.1900

.1892

.1573

.1526

.1600

13, 658

20, 707

20, 009

25, 765

15, 390

42, 460

81, 496

57, 770

73, 435

67, 611

32, 765

2, 055

1,972
4, 397
17, 843
6, 753

1,984

1,990
4, 524
13, 297
3, 617

2,022
4,489

1,989
3,919
26, 172
15, 458
10, 645

1, 952
3,751
33, 093
22. 741

3189
1,789
26, 301
15, 904
10, 358

3163
1, 933
31, 037
21, 009

732
10, 894

934
7,418
1. 2150

3,070

9,951
1. 2150

5,481
6, 619
1. 2150

1.2150

2,414

4,947

25, 392
13, 567
11, 790
591
1,865

2,353

5,014
22, 905
11, 292

4,595

11,508

20, 358
8, 308
11, 909

11,018

4, 545
1,969

643
1, 188

1,820
1, 591

144
1,005

9,996

1. 0973

57, 195

57, 269

59. 523

59, 098

61,292

60, 443

63, 017

58,063

' 50, 231

48, 779

79. 376

81,769

84, 909
73, 694

83, 205
78, 403
75, 039
26, 703

77, 290
77, 448
70, 928
26, 551

85. 028
85, 575
80, 121
26, 004

83, 01 1
85. 592
73, 818
23, 423

83, 797
74, 076
64, 457
33, 144

77, 463
47, 265
36. 894
63, 342

76, 930
43. 353
38, 714
96, 919

78, 167
78. 435
72, 963
96, 651

. 1950
23, 925
6, 473

. 1950

18,711

.1950
49, 225
4, 996

.1950
123, 605
6, 821

. 1950
122, 483
7, 993

. 1950
104, 640
5, 047

.1574

106.749
2,097

.1500
79, 445
832

.1406

2,309

.1950
21, 439
5,411

7,233

9, 036

9,727

11. 741
4, 664

38, 980

108. 280

106, 925
7, 565

92, 716

98,165
6,487

62, 708
15, 905

1 . 0300

50, 118

60, 546

70, 623
64, 632
58, 436
17, 235

79, 432
73, 583
68, 365
23, 084

.1750
19, 856

. 1950
17, 556

5,206

9,820

1. 0300

1. 0300

12, 404

9,567

18, 242
9, 004
9,119

1,472
598
1. 2150

1.0300

2,246

4,879

14, 751
4, 525
10, 125

8,014

77,419
70, 084
25, 041

6,992

21,901

7, 725

2. 306

5,249

821

7,752

1. 2150

1.2150

8,504

6,877

r

HEATING APPARATUS, EXCEPT
ELECTRIC
Boilers, radiators and convectors, cast iron:
Boilers (round and square) :
18, 748
22, 129
19, 335
31, 080
10, 211
9,161
11,168
11,318
Shipments
_ _ _ _ thous. of lb__
9,480
13, 346
16, 962
17, 285
82, 630
71,374
87, 007
68, 584
69, 677
73, 039
77, 267
87, 814
Stocks, end of month _
_ _ _ _ do
90, 225
81, 800
88, 017
79, 487
Radiation:
4,056
3,564
4,798
3, 512
2,470
2,226
2,784
2,074
Shipments
_ _
thous. of sq. ft. _
2, 145
1, 760
2, 925
2,915
' 9. 421 ' 8, 691
7,860
7,572
7,784
8,702
8,382
8,893
Stocks, end of month
_
do
10, 010
9,665
8,782
7,676
1
' Revised.
Data beginning 1952 are in accordance with the revise d export sc hedule anc I include c ertain prirnary form? of copper manufacti ires formei ly exclude d; the val ue of such
2 ]Revisions f or January -July 1951 ire as follo\s-s: Alumirmm fabricsi ted prodiu ts (mil. Ib.) —total 22 0.2; 200.0; 2 16.6; 202.0;
exports amounted to about $1.5 million in January-September 1951.
33 "Dvr»/ln
ATI- feQ83,778;
1Q5 Q- 1Q1
Q- 166.9;
1fifi Q- castings,
^aatlnrta 52.4;
59 A • 50.3;
5ft 3- 52.3;
59 3- 5ft
1- 5ft
Q- A4
Q- **<!34.5;
5- f»fklcopper mine production (short tons)—80,459;
(^
«ft A5Q- 73 73,123;
193- fi^ 83,233;
9 QQ- «982,473;
77C- 7575,891;
C01 • 75 75,437.
Ai~7
•UT
195.9;
191.3;
50.1;
50.9;
44.9;
Production by detinners only.
cfSee note in June 1951 SURVEY regarding additional reporting companies beginning February 1951.
§Govermnent stocks represent those available for industrial use; total stocks include small amount not distributed.




SURVEY OF CTJRKENT BUSINESS

S-34
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

October 1952
1952

1951

September

August

October

November

December

January

February

March

April

May

June

July

August

METALS AND MANUFACTURES—Continued
HEATING APPARATUS— Continued
Boilers, range, shipments
Oil burners:
Orders, unfilled, end of month

number..
do. _-

r

' 32, 014

'26,129

31, 193

28, 245

22, 202

23, 446

22, 850

17, 851

20, 010

40, 256
45, 748
77, 518

36, 789
37, 792
80, 775

39,163
40, 038
81, 408

36, 284
45, 805
80, 183

41, 707
51 743
74, 183

42, 963
57, 830
72, 468

54, 737
67 058
61,577

184, 275
9, 501
166, 669
8,105

187, 505
9, 589
166, 687
11, 229

204, 657
8,625
185, 751
10, 281

199, 605
7,475
182, 942
9,188

179, 496
6,267
163, 446
9,783

192, 540
5, 702
176, 405
10, 433

169,955
6 901
154, 895
8,159

'579,019
' 179, 244
' 244, 186
' 155, 589

' 455, 983 ' 184, 563 145, 268
'124,919 ' 46, 751 22, 761
'203,212 '81,611
63, 696
' 127, 852 ' 56, 201 58,811

144, 462
19,318
60, 843
64, 301

154, 434
25, 450
64, 120
64, 864

147,435
25, 381
62,014
60,040

172, 303
35, 676
76, 324
60, 303

230, 741
40, 963
120, 878
68,900

394, 501
78, 931
197, 680
117,890

'106,128
'41,005
' 44, 537
' 20, 586
' 182, 843

' 84, 093
55,718
'37,179 ' 26, 992
' 34 966 ' 22, 778
' 5, 948
11,948
' 174, 275 ' 147, 635

50, 002
24, 306
20,498
5,198
171,337

48, 529
24,017
19,309
5,203
167, 335

51,277
25, 797
20, 848
4,632
172, 320

50, 933
27, 029
19, 695
4,209
' 176, 609

58, 732
32, 239
20, 583
5,910
181, 389

70, 206
36, 627
27, 235
6, 344
182, 851

77, 356
38. 265
30, 562
8,529
157, 628

'130,757

' 29, 139

48, 433
! 64,570
88, 589

48, 633
35, 843
38, 033
44, 987
' 76 368 ' 93 354 ' 64 641 ' 40, 392
76, 136
82, 890
71, 503
69, 437

' 30, 187

Stocks, end of month
do
Stoves and ranges, domestic cooking, excl. electric:
Shipments, total
number.- -•1187,755 '206,313 ' 236, 690 ' 215, 974 ' 168, 232
' i 9,953 '11,666 '11,255 '11,474
» 9, 435
Coal and wood
do __
'•1169,377 ' 184, 927 '212,345 ' 193,124 ' 150, 930
Gas (incl. bungalow and combination)-. _flo
8,425
9,720
13, 090
11,376
7,867
Kerosene gasoline and fuel oil
do_
'1455,376 ' 457, 626
Stoves, domestic heating, shipments, total
do
-•1130,823 ' 136,867
Coal and wood
__do
'1170,870 ' 179, 972
Gas
do
'1153,683
' 140, 787
Kerosene, gasoline, and fuel oil
do_
Warm-air furnaces (forced-air and gravity-air flow),
' 88,297
'
i
78,
176
shipments total
number
' i 30,163 ' 33, 739
Gas
do_
'
i
31
228
'
37, 762
Oil
do
'16,785 ' 16, 796
Solid fuel
do.
'
161,
675
'1155,028
\Vater heaters nonelectric shipments
do
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly:
Blowers and fans, new orders
thous. of dol._
TJnit heater group new orders
do
Foundry equipment (new), new orders,
net
1937-39«=100__
Furnaces, industrial, new orders:
Electric
thous. of dol.
Fuel-fired (except for hot rolling steel)
do
Machine tools:
New orders...
1945-47«=100__
Shipments
do
Mechanical stokers, sales:
Classes 1, 2, and 3
number
Classes 4 and 5:
Number
_
-Horsepower
Pumps, steam, power, centrifugal and rotary, new
orders
.
.
thous. of dol__

32, 272
13 572

38, 170
11,786

30, 191
13, 483

30, 828
16, 430

404.5

346.5

372.4

305.5

230. 5

404.5

200.4

310.0

385. 1

225.2

353.8

343.9

311.6

3,891
4,850

3,250
1,821

3,172
6,374

2,882
2,519

2, 100
2,873

2,856
3,379

1,363
2,418

2,100
1,809

2,298
3,613

3,713
3,037

1,552
2,968

2,530
6,703

1, 626
5,259

488.9
178.9

380.2
189.8

403. 9
221.3

330. 5
226. 0

376. 5
264.7

347. 8
266.6

318.8
279.6

324. 3
299.5

293.5
307.9

284.6
323.0

342.9
330.8

' 374. 6
' 257. 2

2,825

3,001

3,189

1,998

1,095

1,327

1,145

966

1,059

1,157

1,725

1,667

2,603

238
61, 785

239
60, 984

289
60, 610

152
35, 707

115
21,284

161
43, 931

115
57, 455

131
39, 165

136
50, 528

143
44, 329

171
33, 302

249
47, 981

179
31, 879

5,911

6,552

6,506

5,908

5,553

5,517

6,020

5,925

6,354

6,140

7,957

6,299

5,921

2,239

2,172

2,640

2,232

1,792

1,639

963

769

850

1,137

1,535

' 2, 526

2,904

97
191, 299
242, 975
563, 407

114
210, 086
319, 475
1,100,246

113
259, 469
304, 131
874, 723

87
219, 119
268, 645
747, 914

115
230, 263
224, 471
868, 100

153
230, 226
218, 956
632, 455

153
235, 936
261, 512
759, 453

163
290, 092
254, 135
975, 892

133
217, 169
222, 266
847, 946

128
216, 969
219, 882
748, 344

192
206, 939
281, 635
874, 253

197
188, 715
209, 901
441, 736

259, 280
543, 802

146,705

337, 341

411,867

415, 332

467,108

404. 933

409, 337

510,561

322, 878

309, 375

361, 152

198, 921

397, 769

539

521

559

511

466

548

528

536

545

517

500

470

7,230

7, 389

8,032

7,513

6,833

8,115

7,830

7,796

7,899

7,739

7,558

7,597

6,718

5,461

4,802

5,462

4,711

4,170

4, 836

4,484

4,216

4,133

3,640

3,720

2,179

3,038

"311.7
T 316.0

ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipmentsf
thousands
Domestic electrical appliances, sales billed:
Refrigerators, index
1936=100.
Vacuum cleaners standard type
number
Washers Q
do _
Radio sets production*
do
Television sets (incl. combination), production*
number. .
Insulating materials and related products:
Insulating materials sales billed indexf 1936=100
Fiber products:
Laminated fiber products, shipments §
thous. of doL_
Vulcanized fiber:
Consumption of fiber paper
thous. of lb_ .
Shipments of vulcanized products
thous. of dol__
Steel conduit (rigid) and fittings, shipments 9
short tons__
Motors and generators, quarterly:
New orders inde^
1936 — 100
Polyphase induction motors, 1-200 hp:d"
New orders
thous of dol
Billings
do
Direct current motors and generators, 1-200 hp.:o"
New orders
thous of dol
Billings
do

r

2,129

1,711

1,804

1,523

1,232

1,646

1,618

1,565

1,430

1,332

1,296

1,027

1,210

25, 017

25, 941

26, 680

26, 409

23, 871

25, 982

25, 530

27, 328

22, 767

23, 243

13, 881

7,214

17,021

600

573

517

517

44, 878
42, 438

44, 189
40, 722

42, 455
44, 820

36, 446
40 443

9,160
5,832

10, 713
6,619

8,793
9,410

13,614
9,787

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
3,612
4,548
3,514
3,178
4,016
3,974
3,162
3,187
3,203
2,959
Production
thous of short tons
3 103
2 663
2 484
Stocks in producers' storage yards, end of month
1,
145
982
1,055
1,005
1,161
939
1,026
1,005
1,149
thous. of short tons._
1,024
1,264
1.420
1,447
892
706
605
633
Exports
_do
583
534
391
295
391
340
360
233
Prices, chestnut:
22.85
23.00
23.15
23.31
23. 31
23.08
23.31
23.31
21.69
22.54
23.31
Retail, composite!
dol. per short ton._
21.77
22. 38
14. 513
14. 513
14. 513
14.319
14. 513
14. 513
13. 394
14. 513
13. 456
Wholesale, f. o. b. car at minet
do
14. 513
13.631
13. 869
Bituminous:
44, 123
Production
_. thous. of short tons..
42, 954
47, 184
51, 797
49, 340
49, 900
39, 300
43, 770
41, 075
36,515
34,320
31,460 r 95 CQQ
Industrial consumption and retail deliveries,
35.
754
40,
002
36,
656
41,435
42,
803
32,
636
44, 284
39, 587
total
thous. of short tons..
39, 240
30, 758
23,213 r 23, 489
32, 661
30, 190
33, 244
31, 521
34, 027
34, 6f>0
34 895
28, 422
Industrial consumption, total
do
31 757
27 741
32 170
20 235
' 20 270 27 449
850
971
6S5
Beehive coke ovens
do
990
933
971
927
998
104
681
403
899
133
r
8, 691
8, 454
8,742
8,367
8, 670
Oven-coke plants
do
7, 627
8 807
7 854
8 758
8 171
2 930
3 2^3
8 959
7
781
688
728
758
Cement mills .
do.
701
608
40
673
' 603
637
681
665
5S2
9, 236
9,382
8,625
8,288
Electric-power utilities _
__do
9, 267
7,781
9, 540
7,724
8,434
8, 250
7, 369
8, 510
7 597
9 799
4, 064
3 902
4, 252
4,344
4, 463
Railways (class I)
do
3,321
3, 698
4, 301
3 877
3, 075
2 569
2 3^2
544
625
579
705
758
582
775
Steel and rolling mills
do
562
532
743
677
208
229
7,464
8, 741
7,820
9, 515
9, 773
9, 783
8,914
7,818
Other industrial
do
8,932
6 602
7, 208
6 444
6 109
5, 564
5,135
6, 758
8, 143
7,408
Retail deliveries
do
4.214
9.389
7.070
5. 212
7.830
3.017
2.978
3.219
r
Revised.
v Preliminary.
i Revisions for January-July 1951 are shown at bottom of p. S-35.
tRcvisod series. For revised batteries data beginning; 1947, see note at bottom of p. S-35 of the July 1952 SURVEY. Retail prices are weighted averages for large cities. Wholesale prices
supersede former quotations on tracks, destination. Revised price data prior to 1951 will be shown later.
O Figures through 1951 are estimated industry totals; thereafter, data cover reporting companies only (representing about 97 percent of total industry).
*New series. See note marked
on p. S-35.
^Beginning May 1952, the index includes varnished tubing and saturated sleeving.
§Data for January-August 1951 and beginning January 1952, cover 14 companies;
Digitized for"*"
FRASER
September-December
1951, 15 companies.
9 Beginning January 1952, data include sales of an additional firm; earlier data will be revised later.
cTThe number of companies reporting
is as follows: Polyphase induction, 2d half of 1951, 33; beginning 1952, 34; direct current, beginning 1951, 28.
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

SUEVEY OF CUREENT BUSINESS

October 1952

S-35
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

August

September

October

November

December

January

February

March

April

May

July

June

August

PETROLEUM, COAL, AND PRODUCTS—Continued
COA L~ Con ti nued

B ituniinous — Continued
Consumption on vessels (bunker fuel)
thous. of short tons
Stocks, industrial and retail dealers', end of month,
total
thous. of short tons
Industrial, total _ _
___do
Oven-coke plants
do
Cement mills
_
do __
Electric-power utilities
do
Railways (class I) _ __
do. _.
Steel and rolling mills
do
Other industrial
.
_.do ._
Retail dealers
do
Exports
do
Prices:
Retail, compositef-dol. per short ton_.
Wholesale:
Mine run, f o. b. car at minet
do
Prepared sizes, f. o. b. car at minet
do
COKE
Production:
Beehive §
thous. of short tons
Oven (byproduct)
do .
Petroleum coke
do
Stocks, end of month:
Byproduct plants total
_
»
do
At furnace plants
_ do
At merchant plants
do
Petroleum coke
__
do
Exports
do
Price, beehive, Connellsville (furnace)
dol. per short ton..

96

86

104

91

35

19

19

75, 414
73, 492
14, 449
1,339
32, 392
4,331
1,156
19, 825
1,922

76, 245
74, 352
14, 426
1,353
33, 098
4,245
1,147
20, 083
1,893

78, 019
76, 080
14, 953
1,420
34, 162
4,126
1,155
20, 264
1,939

77, 858
75, 948
15, 123
1,508
34, 104
4, 163
1,151
19, 899
1,910

76, 636
74, 886
15, 270
1,424
33, 398
4,172
1,181
19, 441
1,750

75, 423
73, 792
14, 827
1,361
32, 692
4,161
1,213
19, 538
1,631

76, 474
74, 967
15, 786
1,342
32,710
4,237
1 276
19, 616
1,507

6,178

6,104

6,387

5,420

4,478

5,163

3,982

16.15

16.16

16.16

16

76

92

84

77, 293
76, 042
16 727
1,276
32, 724
4,299
1 322
19, 694
1 251

78, 141
76, 810
16, 652
1,245
33, 617
4,254
1,353
19, 689
1,331

79, 496
78, 033
16, 994
1,261
34, 545
4,110
1,336
19, 787
1,463

80, 744
79, 108
16, 446
1,412
35, 802
3,996
1,269
20, 183
1,636

4 050

4,248

4,885

4,862

4,003

16.16

16.16

15.99

16.02

16.13

5 697
6.745

5.624
6.349

5.623
6.317

5.629
6.378

5.640
6.487

r

15.86

15.95

16.10

16.14

5.646
6.581

5.680
6.679

5.697
6.718

5.697
6.756

5.697
6.773

5.697
6.773

5.697
6.769

616
6,152
319

547
5,923
316

629
6,114
328

619
5,882
335

625
6,114
325

637
6,168
331

5,770

6,204

5,374

310

321

296

1,626
1,204
422
97
122

1,764
1,298
466
94
100

1,815
1,306
509
82
126

1,758
1,264
495
83
111

1,738
1.295
443
104
109

1,810
1,421
389
134
112

1,765
1,455

1 832
1,530

1,873
1,459

310
142
86

302
164
79

413
159
89

424
158
62

14. 750

14. 750

14.750

14. 750

14.750

14. 750

14. 750

14. 750

14. 750

2,307
193, 201
96
202, 721

1,975
187, 816
97
196, 752

2,014
197, 610
95
199, 826

2,040
188, 149
97
198, 258

1,947
191, 650
98
206, 032

2,151
192, 712
94
205, 829

1,929
184, 654

2 101
198 028

95

193, 524

93

254, 276
65, 501
171,074
17, 701

254,900
64, 916
171,730
18,254

262, 266
65, 388
179,173
17, 705

261, 100
65, 297
177, 982
17, 821

255, 783
62, 311
175, 481
17, 991

254, 007
62, 436
173, 471
18, 100

255, 900
64, 614
173,315
17, 971

589

79
r
79, 359
r
77,69 £
r

16, 136
1,456
35, 895
3,560
1,195
19, 456
1,661

81, 156
79, 485
15, 984
1,616
36, 797
3,443
1, 158
20, 487
1,671

16.22

426

112

71

2,361

260

5, 536

2,305

5,787

201

267

306

2,557
2,007

3,297
2,479

3,142
2,294

550
122
58

819
103
53

838

14.750

14. 750

14. 750

14. 750

2,063
192, 882

2,196
158, 310

2,017
185, 917

2,141
188, 868

89

71

96

205, 825

193, 039

152, 062

204, 762

214, 729

259, 126
63 612
177 422
18 092

270, 679
69, 159
183,751
17, 769

290, 813
72, 875
197, 001
20, 937

285, 964
71, 950
194, 525
19, 489

275, 951
70 352
187, 341
18 258

576

433

r

r
r

1, 961
1, 538

PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed
__
number
Production _
thous. of bbl
Refinery operations
percent of capacity
Consumption (runs to stills)
__thous. of bbl
Stocks, end of month:cf
Gasoline-bearing in U. S., totaldo
At refineries
do
At tank farms and in pipelines . _ do
On leases
do

96

2,147
2, 303
Exports _
_ do
2,199
1,718
2,388
2,361
2,211
2 939 r 3,340
1,858
1 876
1,947
11,835 r 16 043
15 232
Imports
do
14, 458
15 570
13, 050
17, 495
17 171
14 083
17 497
14 473
14 186
2.570
2.570
Price (Oklahoma- Kansas) at wells.. dol. per bbl
2.570
2. 570
2 570
2.570
2.570
2. 570
2.570
2 570
2.570
2 570
Refined petroleum products:
Fuel oil:
Production.
39, 353
44, 693
Distillate fuel oil .
thous. of bbl
30, 432
43, 640
38, 335
44 314
38, 453
40, 726
45 141
40, 159
43 402
45 735
37, 602
40 693
Residual fuel oil
do
30 336
36 827
37 993
39 111
36 843
41 483
39 482
38 352
37 944
38 337
Domestic demand:
33, 921
25 815
47 221
57 233
27, 271
27, 867
27 185
Distillate fuel oil
do
31 655
63 185
54 489
49 081
23 291
45, 119
54, 382
Residual fuel oildo.
39, 547
38, 500
50, 982
36, 285
40, 454
56, 246
49, 796
45, 016
50, 721
37,027
Consumption by type of consumer:
r
r
4,204
3,912
4,775
3,717
' 5, 965 p 6, 333
6,068
* 5, 063
5, 457
5,222
5,380
5, 124
Electric-power plants |.
do
4,380
3,244
3,032
2 434
Railways (class I)
do
2 851
2,500
2 463
3 313
2,767
3,218
3 517
3 486
2 439
15, 484
6,317
6,331
6,906
6,438
6,447
Vessels (bunker oil) _ .
do
6,250
6,491
6,156
6,750
6 760
6 109
Stocks, end of month:
51, 634
80, 785 1i 66, 969
51, 648
65, 911
94, 917
55, 369
96, 241
87, 432
Distillate fuel oil
do
102, 561
85 775
48 750
38, 561
38 821
42, 063
39 523
47 243
38 295
48, 212
37 971
45 688
45, 378
Residual fuel oil
do
48 415
52 245
Exports:
2,791
1,242
1, 854
2 353
2
641
2,554
3
613
1
894
1
654
Distillate fuel oil
.
do
1
316
3 118
2 999
T
2,244
2,006
1,847
2,500
3,005
1,962
1, 816
Residual fuel oil
_
«.
do
2,962
2,553
2 059
2,588
2 473
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
.091
.091
.091
.091
.091
.091
.091
.091
dol. per gal
.091
.091
091
098
1.400
1.650
Residual (Okla., No. 6 fuel).. -dol. per bbl_.
1.750
1.650
1.650
1.350
1.150
1.500
1.690
1.750
1.500
.950
Kerosene:
10, 915
7,084
12, 083
12, 171
Production
thous. of bbl
10, 978
9,519
10, 506
13, 040
11 964
11, 262
10, 742
11 083
6,455
6,640
8,150
14, 960
16 744 1 16 633
Domestic demand
do
10, 171
5 504
5 268
12 853
14 608
5 883
Stocks, end of month
do. ..
30, 241
24,
933
33, 106
18,
955
19,
614
29,
948
22,
679
33, 382
23, 061
16r 817
18, 530
27 387
T
752
1,326
613
538
387
217
Exports
_
. - do
703
950
740
1,000
652
796
Price, wholesale, bulk lots (New York Harbor)
.101
.101
.101
.101
.101
.101
.101
.101
.101
dol. per gal
.101
.101
108
Lubricants:
Production
thous. of bbl
5,379
4,831
4 855
5,144
4,905
3 492
5 157
4,456
4 921
5,432
4 963
4 668
2 50 K
3, 592
2 990
3,313
3 509
3 414
3,421
3 163
3 381
Domestic demand
do
4 090
2 827
3' 224
9,111
Stocks, refinery, end of month _ ... do
8,866
10, 154
9,694
9,856
8,875
8,914
9,610
9,617
10, 049
10 169
9' 775
1,499
1,441
1,429
1,527
1 292
1,357
1,276
1,448
1 751
1 297
1 236
1 295
Exports©
do
Price, wholesale, bright stock (midcontinent,
.290
.290
.290
.290
.290
.290
.290
.290
.270
.290
.290
f. o. b, Tulsa)
dol. per gal_.
.270
r
]
Revised.
New basis. Comparable data for December 1951 (thous. bbl.): Distillate fuel, 85,872; residual fuel, 42,955; kerosene, 26,940.
tRevised series. Retail prices are weighted averages for large cities. Wholesale prices supersede former quotations on tracks, destination. Figures prior to 1951 will be published later.
§Revisions for 1950 will be shown later.
d"Includes stocks of heavy crude in California.
^Revisions for January-July 1951 will be shown later.
GExcludes "special category" exports not shown separately for security reasons.
NOTE FOR RADIO, TELEVISION SERIES, P. S-34. *New series. Compiled by the Radio-Television Manufacturers Association. Data represent industry totals based on reports
from both mernbors and nonmembcrs of the association. Both private and company brands are included. Radio production comprises home, portable battery, automobile, and clock models;
television sets include combination models. Data for March, June, September, and December cover 5 weeks; other months, 4 weeks. For figures beginning 1924 for radios and 1947 for
television, see p. 20 of this issue of the SURVEY.
NOTE FOR HEATING APPARATUS SERIES, P. S-34. Revised shipments data for January-July 1951 (number): Range boilers, 40,748; 35,451; 41,766; 47,051: 46,862; 42,818; 28,111;
oil burners, 64,474; 59,081; 55,969; 47,370; 42,553; 47,880; 45,164; cooking stoves, eic.—total, 290,814; 281,466; 318,559; 243,459; 195,199; 147,834; 131,773; coal and wood, 12,061; 10,864; 12,639; 8,152; 7,837;
9,126; 6,238; gas, 202,308; 255,291; 291,168; 226,059; 178,642; 129,259; 117,105; heating stoves—total, 239,146; 273,840; 314,842; 288,575; 290,282; 289,938; 353,896; coal and wood, 44,941; 51,037; 62,513;
55,605; 66,660; 70,220; 78,047; gas, 115,966; 131,668; 162,355; 167,127; 134,713; 143,928; 161,011; kerosene, etc., 78,239; 91,135; 89,974; 65,843; 88,909; 75,790; 114,838; warm-air furnaces—total, 71,730;
72,357; 79,633; 00,715; 56,676; 62,435; 55,569; gas, 36,626; 36,193; 41,407; 30,260; 27,123; 28,458; 23,726; oil, 26,995; 25,121; 24,748; 19,768; 19,392; 22,410; 22,078; solid fuel, 8,109; 11,043; 13,478; 10,687; 10,161;
11,567; 9,765; water heaters, 267,742; 255,830; 266,426; 236,769; 201,859; 164,439; 128,263.




SURVEY OF CURRENT BUSINESS

S-36

October 1952
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

August

September

October

November

December

February

January

March

April

May

June

July

August

PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Motor fuel:
All types:
98, 799
96, 115
98, 510
Production, total
thous. of bbl_.
Gasoline and naphtha from crude petro87, 875
86, 942
85, 004
leum
thous. of bbl.
16, 977
18, 167
17, 069
Natural gasoline and allied products . . do
Sales of 1. p. g. for fuel, etc., and transfers
6,053
6,599
5,958
of cvcle products
thous. of bbl__
8,658
8,804
9,318
Used at refineries
do
101,
206
99,
945
91, 803
Domestic demand
_ do
Stocks, gasoline, end of month:
106,
704
101,837
106,
547
Finished gasoline total
do
61, 120
56, 984
58, 364
At refineries
_ do
7,742
6,963
7,600
Unfinished gasoline
do
9,883
9,003
9,578
Natural gasoline and allied products.-do
4,103
3,293
4,027
ExportscT
..do. ._
Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
.104
.104
.104
dol. per gal._
.129
.129
.129
Wholesale, regular grade (N. Y.)*
do
.202
.201
.203
Retail service stations, 50 cities
do
Aviation gasoline:
6,390
6,487
5,950
Production total
thous. of bbl.
5,159
4,792
4,853
100-octane and above
do
7,564
7,726
7,915
Stocks total
do ..
3,925
3,895
4,369
100-octane and above
_ - _-do
Asphalt:
Production
_ _ .short tons__ 1, 363, 600 1,247,100 1, 225, 300
1,064,200
814, 400
947, 800
Stocks refinery end of month
do
Wax:
115,920
100, 520
104, 440
Production
thous. of lb_
188, 440
193, 200
197, 680
Stocks, refinery, end of month
_.do
Asphalt products, shipments:
5,865
5,497
6, 552
Asphalt roofing, total
thous. of squares..
Roll roofing and cap sheet:
1,333
1,196
1,492
Smooth-surfaced
do
1,385
1,357
1,618
Min eral -surfaced
do
2,944
3,
147
3,443
Shingles all tvpes
do
178
186
268
Asphalt sidings
__do
49, 770
47, 166
59, 202
Saturated felts.. ._
_
...short tons..

95, 859

100, 039

98, 551

93, 134

99, 093

92, 553

74, 485

98, 340

105, 022

84, 976
18, 191

88, 800
18, 941

87. 446
19, 058

82, 052
18, 070

87, 096
18, 724

81,819
17, 917

63, 752
16, 796

86, 638
17, 310

93, 373
17, 669

7,308
8,917
88, 702

7,702
8,838
84, 394

7, 953
8, 459
86, 863

6,988
8,113
82, 043

6,727
8,038
87, 065

7,183
8,041
98, 653

6,063
7,398
101, 137

5,608
8,437
99, 305

6,020
8,761
105, 307

105, 117
58, 160
6,911
8,379
4,071

117, 235
70, 051
7,747
8,186
3,476

136, 161
81, 054
8,178
7,896
2,558

143, 910
87, 458
8.002
8, 585
2,144

152, 556
90, 695
8,133
9, 527
1,903

143,512
83, 129
8,378
9,366
2,466

116, 039
64, 731
7,617
9,246
975

112, 232
60,389
7,934
10, 035
1,889

108, 708
57, 180
7, 858
10, 095
2,730

.104
.129
.203

.103
.129
.203

.103
.129
.200

.103
.129
.199

.104
.129
.201

.100
.129
.202

.103
.129
.205

.104
.129
.205

.104
.129
204

6,390
5,266
7,726
3,853

6, 555
5, 435
8,277
4,356

6,409
5,480
8,399
4,483

6,137
4,875
8,503
4,421

6,922
5,848
8,529
4,507

6,116
5,076
7,633
3,761

4,906
4,339
7,859
4,422

6,003
5,068
7,332
3,863

6, 552
5,417
7,311
3, 878

.104
.129
203

884, 700
671, 300
605, 600
719.300
739, 300
922, 900 1, 009, 500 1,280,700 1,383,600
975, 600 1, 203, 600 1,331,500 1, 527, 300 1, 713, 500 1, 753, 500 1,660,500 1,436,000 1, 167 100
101, 080
196, 280

92, 400
202, 440

98, 280
194, 040

100, 240
190, 400

95, 480
199,360

94, 360
193, 480

80, 360
179, 200

96, 880
179, 760

92 680
169 680

4,141

2,485

3,516

3,549

3,869

4,742

5,172

5,103

5,355

5,856

1.029
1,082
2,029
192
44, 742

634
656
1,195
120
32, 602

928
882
1,705
163
44, 641

876
861
1,811
144
46, 644

913
888
2,067
135
45, 957

1,019
1,046
2,676
126
52, 791

1,040
1,109
3,023
123
59, 274

1,001
1,133
2,969
119
52, 540

1 060
1,166
3 130
136
56, 335

1 169
1 365
3 322
151
61,200

PULP, PAPER, AND PRINTING
PULP WOOD AND WASTE PAPER
Pulpwood:
Receipts
thous. of cords (128 cu. ft.)._
Consumption
- - do
Stocks end of month
do
Waste paper:
Receipts
short tons..
Consumption
_
do
Stocks end of month
do
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
Groundwood
.
do_ __
Defibrated, exploded, etc
do
Stocks, own pulp at pulp mills, end of month:
Total, all grades
. ._ ._ _.. short tons_Bleached sulphate
_ _ _ do__ Unbleached sulphate
do
Bleached sulphite
_ _. __
do. _ _
Unbleached sulphite
do
Soda
do
Groundwood
.
do
Exports, all grades, total
Imports, all grades, total
Bleached sulphate
Unbleached sulphate ._
Bleached sulphite. _
Unbleached sulphite
Soda
Groundwood

-.

..

-

-

do
do
do
do. .
do
. do
do
do

2,720
2,293
4,819

2,288
2,124
4,980

2,503
2,366
5,118

2,172
2,305
4, 987

2,213
2,102
5,072

2,699
2,339
5,445

2,561
2,227
5,775

2,482
2,332
5,915

1,903
2, 235
5,582

1,900
2.247
5, 234

2,044
2,127
5 148

2 211
1 910
5 448

778, 627
757, 434
562, 352

676, 423
663, 649
576, 931

725, 043
724, 715
572, 481

644, 616
640, 925
586, 602

548, 752
544, 983
589, 340

665, 051
657. 518
593, 508

620, 775
632, 317
580, 809

647, 081
650, 550
576 038

650, 014
640, 933
587, 616

597, 539
618, 966
564 079

589 727
605, 572
548 623

550 030
561 067
536 811

r 1, 429
' 198, 892
' 551, 499
r 205, 975
' 61,862
38, 777
«• 205, 892
98, 302

1,317
171, 930
505, 980
186, 638
61, 177
36, 941
194, 055
88. 000

1,470
198, 261
570, 792
209, 922
68, 807
39. 939
214, 370
85,319

1,416
197,916
548. 166
205. 199
61, 363
37, 957
203,712
83, 192

1,277
167, 475
490, 399
191,814
62, 126
35, 526
192, 799
77, 195

1,436
199,797
559, 914
208, 833
63,214
39, 480
207, 014
83, 501

1,373
199, 614
523, 737
201.035
59, 548
37, 651
194,723
82, 763

1,456
211 906
552, 033
213, 340
61, 776
39 041
214, 847
86 773

1,375
195, 895
512, 267
207, 095
59, 253
37 813
198, 464
89 170

1, 402
210 711
513, 971
210, 273
58, 390
37 840
203, 259
87 398

1,323
207 457
483. 425
188, 012
52 355
33 893
194, 762
89 236

1
174
432
165
47
26
181
84

180
921
532
479
925
953
974
161

1 381
198 830
529 591
203 866
54 647
32 708
194 697
83 646

r 104, 705
11,920
12, 542
' 25, 387
11, 579
803
'38, '593

110. Oil
14,244
12, 525
27, 160
13, 054
1,088
37, 954

106, 227
13, 650
12, 871
26, 290
13,012
1,129
34, 432

102, 792
14, 142
12,413
23, 293
11,480
1,927
34, 880

107, 057
8,718
11, 462
29, 508
12, 184
1.816
37, 969

108, 352
11,150
12, 583
26, 472
11,219
1, 540
39, 227

113, 520
12, 547
14 339
27, 902
10, 100
1,781
38, 912

124, 064
13, 369
16 557
28, 662
13, 407
1 973
41,861

139, 706
14, 545
18 349
41, 660
12, 150
2 161
42, 547

147, 535
17 277
18 139
47, 217
12, 571
2 170
41, 088

156 864
20 566
18 247
49' 509
15, 500
2 640
41 030

146 208
16 326
19 541
46 508
15, 460
2 5^3
r sg 722

152 021
21 586
21 369
50 958
14. 276
2 425
31 983

12, 007
189,442
45, 102
21, 664
46, 465
47, 888
2,988
24, 715

12, 794
164, 897
39, 227
23, 749
42, 862
35, 741
2,489
19, 450

11,046
r 196, 259
47, 933
22, 060
' 51, 152
>• 42, 973
2,859
r
27, 252

24, 261
161, 738
47, 028
18,854
41,111
r
36, 965
2 654
r
14, 306

22, 369
155,331
43, 456
12 917
41,648
34 495
2 573
19 544

29, 522
145 643
37, 987
11 575
40 497
33 382
2 619
18 878

30
147
47
11
36
31
*>
17

19
133
39
11
32
27
2
20

9
122
36
10
33
95
1
13

2,071
1,095
881
95

2.014
1 051
867
97

r

27, 758
171, 451
42, 268
17, 928
r
44, 605
r
40, 586
2, 767
T
21, 895

r

23, 583
168, 237
45, 368
18, 961
r
39, 949
T
40, 106
2 430
T
20, 209

r

14, 540
175, 765
- 44, 144
•• 21, 552
r
43, 966
r
44, 846
2 273
r
17, 998

r

131
433
696
669
458
336
22Q
408

666
599
188
493
618
286
197
205

883
636
843
904
555
igj
743
851

PAPER AND PAPER PRODUCTS
All paper and paper board mills:
Paper and paperboard production, total
2,207
2,018
1,847
thous. of short tons..
2,049
2,220
1,106
1,043
1, 088
1,022
Paper (incl. building paper)
do
1,166
873
989
Paperboard
do
743
939
857
103
104
82
Building board
do
113
115
r
Revised.
d"Excludes "special category" exports not shown separately for security reasons.
*New series. Prices are for bulk lots, f. o. b. refineries. Quotations prior to 1951 will be shown later.




2,105
1, 118
892
95

2,005
1,048
859
97 I

2,011
1 029
875
106

1,949
981
858
110

1, 762
869
783
110

October 1952

SURVEY OF CURRENT BUSINESS

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

September

S-37

1951

August

October

1952
November

December

January

February

March

April

May

June

July

August

PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper, excl. building paper, newsprint, and paperboard (American Paper and Pulp Association):
Orders, new
short tons_.
Orders, unfilled, end of month
do
Production
- _ _ _ _ _ do_ _
Shipments
do
Stocks, end of month
_
_do
Fine paper:
Orders, new
.__
do_ .
Orders unfilled end of month
.. do
Production
do_ _
Shipments
do
Stocks end of month
do_ _
Printing paper:
Orders, new
_ __ _ _
do
Orders unfilled end of month
do
Production
do
Shipments
do
Stocks, end of month
_do _.
Price, wholesale, book paper, "A" grade, English finish, white, f. o. b. mill*__dol. perlOOlb..
Coarse paper:
Orders, n e w
_ - _ _ _ .
short tons__
Orders unfilled end of month
do
Production
_ __
_ _do_
Shipments
do
Stocks, end of month
_do_
Newsprint:
Canada (incl. Newfoundland):
Production
do
Shipments from mills
do
Stocks at mills end of month
do
United States:
Consumption by publishers
do
Production
-_
do
Shipments from mills
do
Stocks, end of month:
At mills
_ do
At publishers
do
In transit to publishers
_ _ do
Imports
do
Price, rolls, contract, delivered to principal
ports*
dol. per short ton__
Paperboard (National Paperboard Association):^
Orders, new
_ _. short tons__
Orders, unfilled, end of month
do
Production total
do
Percent of activity
_ _ __
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
mil. sq. ft. surface area
Folding paper boxes, value:
New orders
__1936=100_Shipments
do

835, 693
982, 593

942, 156
976, 91 3

819, 334

851,819

946,158

311,254

837, 409
325, 907

947 030
325, 035

896, 957
881 877
340, 425

104, 721
133, 205

109, 384

121,329

100,090

132 495
123, 623
121 489
65, 959

1 10, 610
122, 649

264, 508
465. 945
297, 894
293, 829

854, 043
983, 823
894, 740
895, 659

914,463

820, 265
870 769
861 248
863 959
338 617

962,
914
932
911
326

506
567
288
745
610

842, 191
903 374
865, 400
851 819
344 664

852, 186
854 820
896, 773
881 775
360 070

813,
825
850
842
369

274
736
216
129
375

740, 502
747 506
817 027
803 031
376' 503

106
122
118
119
65

947
703
200
040
795

136,
141
126
125
64

428
965
753
513
558

114
138
122
116
67

955
310
133
643
895

108
120
124
121
69

853
280
033
995
710

104
111
116
113
72

915
930
076
781
250

91 140
93 500
115 790
109 550
78* 490

274
447
291
292
117

755
761
707
939
748

343
475
315
310
129

367
000
983
450
798

288
475
290
290
130

745
150
945
555
180

288
458
300
295
135

200
050
497
680
960

996
460
295
293
138

780
500
614
550
025

261
425
288
285
140

r 753, 235
r
729 006
r
773 003
r
769 654
r
381 065

r

715,
768
674
671
384

195
806
613
085
550

722,
760
736
724
395

000
806
000
000
750

r
r
r
r
r

83
88
84
81
84

848
000
195
323
750

80
71
98
97
85

000
000
000
000
750

262
450
238
232
145

177
000
014
209
300

253
455
252
245
152

000
000
000
000
000

r
r
r
r

r

89 628
r 86 000
100 121
r 96 843
r
81 905

116,506
116,652

132,655
110,546
110,422

63, 459

63, 325

290,115

278, 225
492, 795
286, 834

320, 338
495 265

280,135
119, 619

317 865
114 915

12.98

13.15

13.15

13. 15

13. 15

13.15

13.55

302, 539
233, 895
303, 033
303, 762
84, 265

294, 386

313, 393
229, 708

292,113

321, 515
232 340
324, 031
325 340

88, 720

87,411

316 025
93, 520

291, 794
217 091
305 258
304 411
94 367

329, 159
192 045
320 281
317 727
66 884

286 297
193 108
293' 068
289 132
75 550

294
182
307
300
82

484, 563
480, 581
148. 957

431,082

492 475
497, 410
147 366

471, 732

435 287

427, 738
152, 301

491,020

461.455

128, 078

101 9^0

470 456
445, 212
127 154

457 835
441 349
143 640

476 492
453 162
166 970

471 235
468 018
170 187

495 972
492' 478
173' 681

451 915
483 791
141 805

485 539
483 250
144 094

486 496
488 575
142 015

344, 470
101, 574
100, 003

381, 437
90, 728
92, 487

405 277
100, 339
97 791

402, 829
95, 847
99 301

387, 783
91, 763
91 721

345 315
97, 216
95 046

348 630
94 759
96 982

399 258
99* 633
98 696

393 470
94' 767
94 250

404 071
103* 440
103' 783

379 943
99 080
98 138

329 729
94 192
94 933

341 571
97 831
99 008

7, 568

9 738
460, 378
89 491
385, 574

7 515
475 502
99 741
398' 936

8
457
87
416

8
460
79
419

8
442
79
409

9
476
74
459

8 827
532' 297
75 474
427 845

7 650
573 502
86 444

494, 705
304, 666
305, 590
112, 920

31-V61

236,168
296, 567

121,972
66, 635

118,980

321,822

10,191

8,432

467, 052
77, 646
442, 100

439, 547
87, 037
358, 866

10 980
434, 841
100 292
458, 514

436, 244
107, 144
' 438, 141

111.75

114.25

116.75

116. 75

r 941, 500
* 470, 800
' 997, 700
94

r
r
T

864, 600
458, 200
847, 100
86

r
r

r

7,526

971, 600 ' 812, 500
487, 800 r 365, 400
943, 800 r 863, 450
82

430,431
91,765
403, 934

T
r
r

13.55
560
684
066
445
900

452
617
887
469

13.55
254
160
277
276
84

759
500
891
686
100

969
475
475
848

286
000
313
851
488

r

T

276
r 423
278
r 279
r
139
r

360
000
058
180
000

626
739
028
649

T
r
r
r
r

13.55

13.55
246
140
269
262
84

760
000
120
095
500

r

237
135
r
250
r 240
r
95

383
000
159
210
000

13. 55
r

221
r 143
r
216
T 212
r 99

568
479
592
005

116.75

116. 75

116. 75

116 75

117 00

117 00

806, 300
358. 700
793, 950
r
71

883, 200
405, 500
835. 000
81

829, 300
355, 200
867, 800
86

923 000
380 400
880 500
85

875 600
417 600
869 500
82

880 000
375 000
906 000
82

850 300
352, 900
832 800
82

119 500

837
000
643
651
000

13.55
245
145
244
240
103

000
000
000
000
000

119 500

» 121. 986

845 800
444' 200
773 700
71

917 500
388 400
955 600
89

6,940

5,511

6,055

5,399

5, 642

5,550

5,569

5 935

5 765

6 013

5 541

5 538

6 251

616.7

702.5

476.8
629.2

615.9

498. 1

654 6

608.8

528.0

639.8

619.0

636 9
630 2

581 3
614 6

604 1
604 1

666 4

747.6

555. 7
650. 8

638.7

627 4
575 5

688 9
661 3

638
466
172

940
743
197

980
781
199

1,172
963
209

1,083
872
211

720
557
163

723
575
148

1,371
1 081
290

1,055
855
200

1,240
937
303

1,003
754
249

601
472
129

904
699
205

r 35 5g2
61 553
85 172

r 35 417
59 422
82 974

r 36 347
63 988
59 188

36 946
72 995
67* 246

r 32 760
g4 839

32 678
84 299

PRINTING
Book publication, total
New books
New editions

number of editiens__
do
do

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
long tons. .
Stocks end of month
- do
Imports, including latex and guayule
do
Price, wholesale, smoked sheets (New York)
dol. per lb_.
Chemical (synthetic):
Production
. _ . . long tonsConsumption
do
Stocks end of month
_
do, _
Exports
do
Reclaimed rubber:
Production
- - do
Consumption
do
Stocks, end of month
_
do. _

36,506
67, 491
71, 121

36, 887
56, 941
61, 200

37, 407
63, 501
55, 214

35, 037
63 689
57, 378

33, 256
76 569
45, 364

r

36, 989
75 488
83, 283

r

34 841
73 959
76, 383

.520

.520

.520

.520

.520

.520

.505

74, 951
67 260
96, 382

777

70, 870
68,460
99, 889
1,008

79, 285
68 923
109, 407

550

73, 045
65 403
116,910
1,190

76 961
60 421
129 952
1,430

75 971
70 330
138 688
1,831

74 943
66 567
145 277
2,141

29, 035
28, 598
43,900

26, 885
26, 226
43, 095

29, 611
27, 744
44, 367

25, 453
24, 509
44, 049

23, 677
22 044
45, 082

27 755
26 553
45, 067

23 883
24 518
43 306

22 808
24 797
40 579

7,533
7, 145
2,813
4,211
120
4,033

7,414
6,640
2,519
3,950
171
4, 740
147

7, 771
7,050
2 553
4,315
181
5,514

7,374
6,081
2,391
3,501
188
6,888

6 441
4,517
1 800
2,519
198
8 765

7 872
6 529
2 140
4,243
146
10 039

150

7 463
6'l84
2 301
3,721
163
11 370
164

7 786
6 134
2 484
3,512
137
13 043

5,695
5, 042
6,831
101

6, 270
5,603
7,471

5 582
5 475
10, 343

5 138
4 958
10 507

.505

.485

.485

r

49 251

.380

.315

.305

368
339
339
350

64 040
66 203
151 324
1 154

58 992
58 642

59 214
60 998
150* 248

23 948
23 911
39 767

23 142
22 314
40 169

21 079
21 850
38 973

7 433
7 443
2 719
4,624
101
13 263

7 366
9 003
2 617
6,' 256
130

181

7 189
6 967
2 814
4,038
115
13 295
'l27

5 497
5 034
10 900

5 481
5 305
11 013

5 771
5 330
11 493

79
69
151
3

416
744
249
490

77
68
159
2

437
492
701
415

61
67
154
2

r

r

i Fj2* 373
1 499

r |6 213

J8 354
r 36 287

r

17 254
20 447
3l' 931

TIRES AND TUBES
Pneumatic casings:
Production
thousands
Shipments, total
_ _ _ _ _ _
__do
Original equipment
do
Replacement equipment
do
Export
_ _ do
Stocks end of month
do
Exports© _ _ _ _ _ _ _ _ _ do
Inner tubes:
Production §
do
Shipments§
do
Stocks, end of month §
do
Exports _ _ _ _
do_
r

126

6,141
5,729
6,272

88

129

94

161

5,500
4,803
8,378
121

210

5 143
3 556
10, 094

144

93

125

105

88

108

63

n

7 097
7' 148
1 iftfi
5,845
117
11 647

fifiK

83

7 989
1 ft*}9

6,226
131

10 PR7

140

107

5 roc
fi 040
10 974

(• QOO

r

4 7on
4 cr»7
u 223

134

4 0fi7
5 401

10 627

Revised.
v Preliminary.
*New series. Compiled by the U. 8. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.
GExcludes "special category" exports not shown separately for security reasons.
.Includes data for motorcycles.
^Revisions for January-July 1951 are as follows (short tons): Orders—new, 1,189,000; 997,700; 1,130,500; 1,029,500; 1,123,200; 972,300; 942,400; unfilled,761,800; 758,600; 704 900' 646 900- 658 700;
548,000; 537,600; production, 1,088,100; 1,000,600; 1,136,600; 1,077,100; 1,136,650; 1,061,850; 893,750.
»
f t
. . » , , , , »




SUKVEY OF CUEKENT BUSINESS

S-38

October 1952

1951
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

August

Septem-

ber

October

19 52
Novem-

ber

Decem-

ber

January

Febru-

ary

March

April

May

June

July

August

STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS
Coated abrasive paper and cloth, shipments_.reams_.

174, 180

171, 584

195, 139

188, 389

132, 524

159, 041

162, 959

174, 155

185, 451

168, 174

161, 544

157,412

160, 795

22, 514
98

22, 269
100
23, 253
10, 499
4, 138

22, 797
99
26, 134
7,162
3,544

20, 737
93
17, 994
9,910
3,882

19, 874
85
11,791
17, 993
4,711

17, 039
73
12 696
22, 336
7 056

16, 545
76
14 362
24,519
8 987

18, 095
78
15 993
26, 622
10 741

19, 817
86
21 764
24, 672
10 348

21, 829
92
23 282
23. 220
9 513

20, 748
90
25 067
18 896
8 483

21, 342
90
25 0*4
r
15.158
r
7 548

23, 573
99
25 915
12 816
6 097

r 545, 925 ' 447, 208
' 476, 776 «• 350, 014

406, 229
353, 812

392, 482
378, 321

434, 789
411,819

484, 468
492, 488

489, 779
479, 409

510, 226
504, 459

538. 183
530, 377

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

25, 841
11, 491
4,851

CLAY PRODUCTS
Brick, un glazed:
Production^
thous. of standard brick..
Shipmentst
- _
do .
Price, wholesale, common, composite, f. o. b.
plantf
dol. per thous__
Clay sewer pipe, vitrified :J
Production
short tons.
Shipments
do
Structural tile, unglazed:|
Production
do .
Shipments
do

r 618, 141

* 583. 357
27. 317

r 551, 225 r 605, 553
527, 229 r 590, 294

r

27. 366

27. 366

152, 302 ' 138, 456 *• 159, 394
' 151,273 r 135, 882 r 155, 005

27. 366

rT 142, 340
122, 046

r

rr 105, 288
101 285

f 94, 759
r
93 584

10, 575
10, 543

9,134
9,397

r

103, 678
99 652

r r100, 705
85 182

9,341
8,948

7,804
7,714

r

27.317

27.317

27.317

27. 217

27. 217

27. 217

i 27. 409

134, 045
86, 576

127, 442
97, 107

139, 685
118,092

139, 573
139, 744

128,020
134 221

143, 426
145 603

132.061
142, 566

85, 9P.5
66 395

81, 948
71 403

78, 061
75 617

76, 119
69 494

82. 647
84 813

84 209
82 285

86 470
83 994

91,836
87 251

7, 603
7,568

8 941
8,485

8,783
8,053

9,400
9,005

9,523
9,577

10, 220
9,888

10 080
9,607

10. 042
9, 735

27. 366

' r 125. 962
83, 177
r
r

27 409

GLASS PRODUCTS
Glass containers:
Production
thous. of gross
Shipments, domestic, total
do. _
General-use food:
Narrow -neck food
_
do
Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars) --thous. of gross, .
Beverage (returnable and nonreturnable)
thous. of gross. Beer bottles
do
Liquor and wine
_ _
do
Medicinal and toilet _
do
Chemical, household and industrial
_ do
Dairy products
do
Stocks end of month
do
Other glassware, machine-made:
Tumblers:
Production
thous. of dozens. _
Shipments
do
Stocks
- - -.-do
Table, kitchen, and householdware, shipments
thous. of dozens..

10 700
11 126

1,125

1,432

1,072

632

674

783

859

881

1,125

1,216

915

892

1,186

2,782

2,281

2,426

2,122

1,885

2,498

2,123

2,400

2,474

2,767

2,706

2,733

3. 210

602
2,279
805
1,901
722
326
10, 102

332
1,344
1,171
1,782

532
873

525
841

503
874

655
806

783
1 257
1 120
2.313

9,710

572
330
9,453

767
700
1,061
2,355

977
955

782
312
9,884

319
840
1,097
1,810

717
338
9,839

297
746
1,328
1,985

5,807
5, 331
12, 256

4,656
4,387
12, 556

4,966
5,414
11, 978

3,889
4,645
11, 228

3,506

2,892

3,459

3,368

634
260

906

741

1,123
1 198

1,073
1,244

940
2,064
735
233

1,860

1,834

9,871

10, 060

10, 107

928
327
9,449

5,833
5 181
8,628

905

679
258
9,635

1,962

979
2,272
783
228

10, 093

10, 216

850
244
9,863

3,800
3, 352
11, 579

4,883
4, 473
11, 837

5,136
5,514
9,989

5,357
5,061
10, 241

4,701
4,987
9,892

4,537
5,329
9,073

4,831
5,491
8,349

4, 966
5,245
8,023

2,589

3, 005

3,857

3,431

3,474

3,551

2,908

2,945

1,795

840

2,161

693
199

852

739
214

788
264

GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
thous of short tons
Production
do
Calcined production, quarterly total
_ _ do
Gypsum products sold or used, quarterly total:
Uncalcined
short tons..
Calcined:
For building uses:
Base-coat plasters
do
Koene's cement
-do
All other building plasters
do
Lath
thous of sq ft
Tile
- do
Wallboardcf
do
Industrial plasters
short tons .

401

859

1 171
2,271
1,977

2 027
1,681

1,806
1,582

2 067
1 720

588, 584

636, 366

526, 045

559 966

590, 559
13,711
169,219
704 333
9,386
855, 222
68, 612

471,072
10, 648
146 036
602 500
7,763
776, 854
71, 377

451, 841
13, 086
134, 090
508, 785
7,602
761, 566
67, 484

494 822
14, 045
143 059
589 300
6,670
830, 644
61, 426

734

TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
_
. thous. of dozen pairs. _
Shipments
do
Stocks end of month
do

12, 670
12. 929
30, 073

11,862
12, 605
29, 330

13, 617
14, 374
28, 573

12, 928
13,986
27, 515

11, 393
11,611
28, 199

r

13, 945
13, 366
28, 907

r

13, 465
13, 495
28, 851

r

13, 250
13, 961
28, 163

r

13, 476
13, 551
28, 067

13, 324
12, 317
' 29, 129

r

13, 046
12,481
29, 774

11,768
11, 637
29, 905

13, 892
14, 447
29, 350

COTTON
Cotton (exclusive of linters) :
Production:
2
3
14, 530
10,023
12, 804
13, 592
15, 072
Ginnings§
thous. of running bales
5,458
176
2 014
5 716
Crop estimate, equivalent 500-lb. bales
2 15, 144
thous. of biles r
* 14, 413
672, 715
922, 559
768, 889
695, 965
686, 697
692, 594
722, 004
847, 444
Consumption^
bales
905, 062
730, 817
736, 535
744, 383
753, 621
Stocks in the United States, end of month,
7,638
4,266
3,180
10, 759
13, 646
9,060
6,351
2,745
12, 128
5,100
total!
thous. of bales
15, 125
15, 454
' 16, 233
10, 672
7,537
4,179
8,981
6,254
3,097
2,675
15, 022
12, 037
5,003
13, 550
15, 387
' 16, 124
Domestic cotton, total
do
3,492
2,421
1,503
419
126
4,754
481
220
10, 734
6,840
887
12, 778
' 13, 666
On farms and in transit
do
1,782
5,644
4,394
2,992
2,380
5, 514
4,920
3,773
1,795
3,289
5,886
1,457
Public storage and compresses
. do
••1,462
r
1,536
1,189
1,639
1,640
1,594
1,381
998
814
999
1,196
1,530
1,397
996
Consuming establishments
do
87
86
83
80
96
97
97
70
103
92
101
66
'109
Foreign cotton, total
do
r
l
2
Revised.
Specification changed; earlier data not strictly comparable.
Total ginnings of 1951 crop.
3 Ginnings to October 1.
* October 1 estimate of 1952 crop.
^Revisions for January-July 1951 will be shown later.
t Re vised series. Data beginning 1947 will be shown later.
cf Includes laminated board, reported as component board.
§ Total ginnings to end of month indicated.
IData for October 1951 and January, April, and July 1952 cover 5-week periods and for other months, 4 weeks; stocks are for end of period covered.
NOTE FOR WOOL SERIES, P. S-39. Data for January-July 1951 are as follows (thous. of pounds): Consumption—apparel class, 40,960; 29,984; 28,080; 43,770; 34,436; 34,164; 31,410;
carpet class, 17,080; 13,640; 13,072; 12,535; 7,228; 6,488; 2,065; imports, 46,953; 32,605; 43,707; 48,808; 35,896; 29,069; 22,440; production—total, 78,130; 60,516; 57,852; 76,635; 59,280; 59,620; 50,440; knitting,
8,810; 7,412; 6,960; 8,520; 6,376; 6,360; 5,140; weaving, 49,310; 36,656; 34,904; 50,050; 41,288; 42,212; 40,405; carpet, etc., 20,010; 16,448; 15,988; 18,065; 11,616; 11,048; 4,895.




SUKVEY OF CURRENT BUSINESS

October 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

S-39
1952

1951

August

September

October

November

December

January

February

June

July

316 461
373
36 1

264 418
4 367
38 0

48, 114
6 865
37. 0

37.9

40 7

38 6

40 4

39 4

39 4
95
46
528

March

April

587 763
35 470
37 3

419 304
1 652
36 7

334 248
1 449
37 3

41 8

40 6

40 8

May

August

TEXTILE PRODUCTS—Continued
COTTON—Continued
Cotton (exclusive of linters)— Continued
Exports
bales-Imports
do
Prices received by farmers
cents
per
Ib
Prices, wholesale, middling, 15/i6", average, 10
markets
cents per Ib
Cotton linters:!
Consumption
thous. of balesProduction
_ do_
Stocks end of month
do

145, 758
3,679
34.6

356, 209
2 320
33.7

583, 927
5 722
36 2

803 580
1 046
41 0

979 762
2 214
40 3

35.0

35.1

36 9

41 5

42 2

'86
64
'230

114
175
272

136
267
367

131
247
460

117
205
538

118
221
620

120
174
629

108
140
655

98
99
630

97
70
560

99
46
541

80
36
532

63, 850
1,935

2,273
65, 408
2,174

53, 745
1,609

64, 127
1,690

2,319
77 431
1,846

62 133
1,884

72 283
1 999

2 381
73 609
1 434

59, 942
1,643

63 442
1 295

2,258
54 136
1,251

54 291
2,532

37.62
41.5
17.4
18.1

33 88
40.5
17.2
18.1

31.20
40 7
17.1
18.4

28.72
41.6
17.8
19.3

29.95
42 7
18.1
19.8

29.04
42 7
17 8
19.4

28.45
42 7
17 0
18.8

26 61
42 7
16 5
18.0

25 83
42 7
16 4
17.3

26 17
42 7
16 0
16.5

24.40
40 7
16 8
16.5

27.09
40 7
17.4
17.0

28.89
40 7
v 18.4
P17.5

.784
1 069

.755
1 035

.738
1 019

730
991

.727
1 006

.733
1 022

•p .743
v 1 046

676 400
15 453
38 7
r

COTTON MANUFACTURES
Cotton cloth:
Cotton broad -woven goods over 12 inches in width,
production, quarterly cT- mil. of linear yards
Exports
thous. of sq. yd
Imports
_
do_ _
Prices, wholesale:
Mill margins
_
cents per lb_
Denim 28-inch*
cents per yd
Print cloth, 39-inch, 68 x 72*
do
Sheeting, in gray, 40-inch, 48 x 44-48*
do
Cotton yarn, natural stock, on cones or tubes, prices,
wholesale, mill:*
20/2, carded, weaving
dol. per Ib
36/2 combed knitting
do
Spindle activity (cotton system spindles) :J
Active spindles, last working day, total ___thous__
Consuming 100 percent cotton
do
Spindle hours operated, all fibers, total mil. of hr__
Average per working day
do
Consuming 100 percent cotton
do
Operations as percent of capacity
-

22, 000
20, 755
9,368
468
8,786
126.3

21,895
20, 714
9,247
474
8,745
127.8

21, 609
20, 394
11, 393
460
10, 721
124.1

21, 758
20, 519
9,050
464
8,486
125.4

21, 516
20, 264
8,336
439
7,823
118.4

21, 360
20, 102
11, 399
465
10, 686
125.8

21, 126
19, 854
9,265
471
8 696
127.3

21, 159
19, 885
9,040
452
8 478
122.3

20, 910
19, 613
10, 607
424
9 948
114.5

20, 834
19, 513
8,110
416
7 532
112 0

20, 770
19, 453
8,700
435
8 102
117 3

21,325
19, 948
9,112
380
8 501
102.2

21, 398
20, 000
9,516
476
8 870
128 1

69.6
28.5

57.1
24.8

56.4
26.0

56.9
27.0

57.5
23.9

63.0
27.3

57.8
23 6

55.6
19.9

57.6
21 6

66 9
24 1

75 2
27 2

fr 83.1
26 9

84 9
28 1

36.1
6.1
7,810

54.2
8.7
7,591

73.2
9.4
6,506

84.2
10.7
5,149

91.3
15.2
5,946

97.5
15.2
8,011

99.3
15.7
9,509

101.7
18.0
11, 175

99.1
18 9
7,128

90 0
17 8
3,864

78.8
15 2
3,902

65.1
15 9
3,995

57.7
15 0

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

.780
.400

RAYON AND MANUFACTURES AND SILK
Rayon yarn and staple fiber:
Consumption:
Filament yarn
_
mil. oflb
Staple
fiber
do
Stocks, producers', end of month:
Filament yarn
do
Staple
fiber
do _
Imports
>
thous. oflb__
Prices, wholesale:
Yarn, viscose, 150 denier, filament, f. o. b. shipping point*
dol. per lb__
Staple fiber, viscose, 1^6 denier
__do _
Rayon and acetate
broad
-woven
goods,
production,
quarterlyo"1
thous of linear yards
Silk, raw:
Imports
thous. of lb_
Price, wholesale, white, Japanese, 20/22 denier,
87% (A A), f. o. b. warehouse 9
dol. perlb..

.780
.400
r3

r

404,084

445, 562

418, 931

408 440

577

645

842

708

848

1,524

1,205

975

705

861

1,275

967

4.13

4.42

4.65

4.68

4.78

4.82

4.97

4.91

4.89

4.90

4.95

5.23

30, 020
11,020
34, 347

25 472
8,072
30 633

P5.43

WOOL
Consumption (scoured basis) :§
r2
29, 280
'r27, 648 'r31, 800
Apparel class
thous. of Ib
«• 2 4, 160
7, 780
4, 276
Carpet class
_
do__
2 26, 736
15,315
21, 085
Imports, fV|p,?m wfight.A
do
Prices, wholesale, Boston:
1
1
2. 230
1 1. 825
1. 980
Raw, territory, 64s, 70s, 80s, scoured-. dol. per lb__
Raw, bright fleece, 56s, 58s, greasy, 47 percent
3
.872
.730
.770
shrinkage
dol. per Ib
Australian, 64s, 70s, good topmaking, scoured, in
1
1
2. 200 1 1. 825
1. 820
bond
dol. per Ib

'r25, 472
6, 652
19, 365

r r25, 200
7, 044
26, 342

29, 330
11,005
28, 493

24, 756
9,720
27, 432

23, 924
9,252
28, 519

1 1. 962

1 1. 850

i 1. 820

i 1. 644

1

2.762

.740

.722

.644

1 1. 750

1 1. 650

1. 725

1 1. 562

1

1

1.600

1

1. 580

1 1. 594

.638

.598

.585

1. 375

1.375

1.425

r

27, 284
5,644
24, 824
1

1

31,410
6,380
31,013

1. 600

1.627

.585

.594

605

1. 425

1.425

* 1 425

1 1. 660

WOOL MANUFACTURES
Machinery activity (weekly average) :§
Looms:©
Woolen and worsted:
139
124
130
129
147
141
130
Pile and Jacquard.. -thous. of active hours..
139
136
'145
145
130
r
1,908
1,750
1,787
1,735
1,592
1,772
1,763
1,745
Broad
_. _
_
_ _ _ _ _ d o
1,534
1, 743
1 532
1 647
9
13
19
10
13
14
Narrow
do
14
18
13
19
16
20
Carpet and rug:
89
98
128
100
112
89
Broad
.
do
126
96
117
73
114
56
45
41
43
46
41
51
47
Narrow
do
50
48
51
40
27
Spinning spindles:
69, 869
72, 835
71, 567
70, 034
67, 806
67, 953
70 037
Woolen
do
73 268
63 457
61 152
67 772 r 69 696
83,351
77, 342
77, 098
76, 698
72, 078
72, 644
74, 786
68, 175
Worsted0
__ - _ _ _ _ _ _ _ _ d o
78 524
70 404
71, 007
67 764
142
124
129
121
119
119
120
110
120
131
Worsted combs
do__
119
120
Wool yarn:
r
2
47, 888 r 60, 955 r r50, 812 ' 48, 372 60, 710
53, 472
50, 984
Production, total§®
_.thous. of lb_. 'r 252, 012
60, 115
'r 50, 205 54, 123
51, 056
r
r
r
5, 884
5, 148
5, 400
6, 615
4, 576
Knitting §
do
6,092
5,356
6,150
6 705
7 335
6 036 r 6 563
r
r
2 38, 920
36, 180 rr 43, 965 r r36, 460 r 35, 008
40, 305
Weaving§
__
do
35, 768
34, 056
40 290
36 844
34 204
39 629
r 2
r
r
7, 208
8, 952
10, 375
' 8, 788 14, 255
Carpet and other§
do
6, 560
11,612
11,572
13, 120
6, 798
7,159
10 816
Price, wholesale, worsted yarn (Bradford
2.695
2.358
2.477
2.453
2.410
2.389
machine knitting system) 2/20s*___dol. per lb__
2.286
2.219
2.128
2.098
2.146
2.110
^ 2. 163
r
l
2
3
Revised.
*> Preliminary.
Nominal price.
Data for January-July 1951 are shown at bottom of p. S-38.
Revisions for 1st and 2d quarters: 653,183; 607,638.
TJData for October 1951 and January, April, and July 1952 coyer 5-week periods and for other months, 4 weeks; stock data and number of active spindles are for end of period covered,
cf Beginning 1951, production of broad-woven goods is classified according to principal fiber content; production of fabrics containing 25.0-49.9 percent wool, and rayon and cotton fabrics
produced on woolen and worsted looms (which cannot be distributed between cotton and rayon goods) amounted to approximately 73 million yards in 1950.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 (except for cotton yarn) will be shown later.
9 Substituted series. Data beginning January 1950 will be shown later.
§Data for October 1951 and January, April, and July 1952 cover 5-week periods; other months, 4 weeks.
Almports of unmanufactured wool converted to a clean-weight basis; imports were formerly shown in actual weight, i. e., in the condition received.
O Beginning 1951, looms weaving fabrics principally wool by weight.
©See note in August 1951 SURVEY regarding coverage of operations in cotton mills beginning with January 1951 data.




SURVEY OF CURRENT BUSINESS

S-40

October 1952
1952

1951

Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

August

September

October

November

December

January

February

March

May

April

July

June

August

TEXTILE PRODUCTS—Continued
WOOL MANUFACTURES— Continued
Woolen and worsted woven goods, except woven
felts :t
Production Quarterly total
tfaous of lin yd
Apparel fabrics total
do
Other than Government orders total
IVTen's and boys'
"Women's and children's
Nonapparel fabrics total

i 85, 595
i 70, 512
i 35, 708
i 34, 804
1
16, 683
1
18, 121
1
15, 083
1
9,662
' 1 5, 421

do
do
do
do

Other non apparel fabrics
do
Prices, wholesale, f. o. b. mill:
Suiting gabardine, 56"/58"*
dol. per yd. .
Women's dress goods, flannel, 8 oz., 54-inch
dol per yd

91, 325
78, 029
32, 037
45, 992
18, 667
27 325
13,296
*•r 8 435
4, 861

4.381

4.381

3.572

3.713

3.302

3.302

2.722

2.722

3.713

83 213
71, 520
17, 289
54, 231
27, 390
26, 841
11,693
5,572
6,121

87 185
75 687
23, 533
52 154
25, 111
27 043
11,498
6 536
4 962

3.713

3.713

2 3. 696

3.696

2.822

2.822

3.696

2 3. 731

335

353
67

3.731

TRANSPORTATION EQUIPMENT
AIRCRAFT
Civil aircraft shipments
Exportst

171
48

number
do _

184
62

124
49

162
62

152
69

224
42

227
212

248
73

291
149

330
115

'112

476, 002

450, 416

380, 650

375, 410

435, 216

482, 973

529, 585

503, 917

518, 710

356, 500
346, 048
93. 083
75, 653

292, 799
284, 323
87,006
70, 834

273, 639
258, 524
100, 993
85, 127

334, 058
315,670
100, 533
84, 499

373, 237
352,651
109, 167
92, 027

416, 155
396, 912
112, 833
97, 591

398, 286
381, 463
105, 208
90, 472

408, 700
392, 933
109, 526
94, 500

211,894
224
220
168, 327
161,862
43, 343
36, 343

MOTOR VEHICLES
Factory sales, total
Coaches, total
Domestic
Passenger cars, total. __ _
Domestic
Trucks, total
_ _
Domestic
Exports total $
Passenger carst
Trucks and bussest

_____

__

_

_

.

Registrations:
New passenger cars
New commercial cars

_ _

549, 707

270, 982
349
271
218, 577
211, 140
52, 056
45,204

426, 932
404, 590
121,992
' 99, 012

365, 906
350, 246
109, 353
90, 445

40,364
19, 638
20, 726

39, 401
18, 986
20, 415

26, 264
11,777
14, 487

35, 173
14, 606
20, 591

31, 806
10, 468
21, 434

22, 100
9,205
12, 895

31,614
14, 272
17, 342

33 808
16, 280
17, 528

32 772
17,633
15, 139

32 759
18, 007
14, 752

28, 598
13, 396
15, 202

22, 784
10,813
11,971

do
do
do
do
do

4,763
4,475
1,697
2,778
288

4,598
4,344
1,599
2,745
254

5,605
5,304
2,251
3, 053
301

4,704
4,441
1,853
2,588

263

4,634
4,366
1,859
2,507
268

5,013
4,657
1,950
2,707
313

4,655
4,416
1,873
2,543

219

5 124
4,733
1 994
2 739
364

5 298
4,833
1 963
2,870
369

5,163
4,602
1,854
2,748
335

4,029
3,681
1,219
2,462

3,673
3,369
1,281
2,088
263

4,404
4,167
1,897
2,270
230

do
do

424,422
87, 646

406, 217
84, 814

373, 162
92, 281

332, 099
76, 517

310,084
62, 596

301, 379
59, 661

295, 479
59,285

322 857
63,364

374 288
73, 461

422, 217
71,690

423, 655
71, 471

340, 454
«• 72, 134

214, 333
58, 252

7,183
5,156
5,156
2,027
14
14
2
0

8,578
5,755
5, 755
2,823
25
25
16
0

10, 129
6,794
6,777
3,335
22
22
18
0

9,845
6,336
6,315
3,509
45
45
18
0

8,470
5,690
5,678
2,780
25
25
14
0

8,643
6,082
6,082
2,561
8
8
8
0

7,383
5,494
5,494
1,889
21
21
10
0

8 161
5 840
5 838
2 321
4
4
4
0

7 433
5 234
5 204
2,199
12
12
12
0

7,263
5, 171
4,765
2,092
2
2
2
0

6,539
4,976
4,848
1,563
13
13
13
0

5,658
4 116
3,860
1,542
8
8
8
0

4 674
2 990
2 853
1,684
5
5
5
0

1,737

1,741

1,743

1,748

1,752

1,755

1,758

1 761

1 761

1,763

1,764

1,763

1 759

91
5.3
121, 359
81,623
39, 736

92
5.3
118,073
80, 522
37, 551

87
5.0
113,394
76, 530
36, 864

84
4.8
110,325
70, 914
39, 411

90
5.2
104, 831
67, 973
36, 858

87
5.0
98, 566
63, 482
35, 084

87
5.0
93, 605
60, 107
33, 498

89
5.1
91 056
58 234
32, 822

93
5 3
89 917
54 810
35, 107

96
5.5
84, 341
51, 198
33, 143

101
5.7
77, 984
46, 409
31, 575

107
61
76 870
45 094
31 776

102
58
75 684
43 144
32 540

3,091
13.3

3,180
13.9

3,009
13.5

2,901
13.3

2,718
12.8

2,643
12.7

2,701
13.3

2,480
12.6

2,502
13 0

2,237
12.1

2,170
12.0

2,131
12 0

2,217
12 7

10
0
10

23
0
23

21
0
21

20
0
20

19
0
19

1,594
1,594

1,573
1,573

1,441
1 441

28
0
28

1,463
1 463

1,347
1,347

26
0
26
1, 15%
1 156

23

1,720
1,720

30
0
30

25

1,789
1,789

17
0
17

16

1,721
1,721

18
0
18

25
1 186
1 186

23
976
976

39

59

54

do
do
- -- -- -- -do. _ _

Truck trailers production, total
Complete trailers
Vans
All other
Trailer chassis

r

526, 447
1,174
1,108
414, 533
401,392
110, 740
92, 275

number.
...do. _ _
do
do
do
_do
do

783
778

r

743
660

833
710

845
746

778
755

625
525

569
499

597
507

423
329

484
382

292

r

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 ownership ,_ ,_ . _
Orders, unfilled
number
Equipment manufacturers
do
Railroad shops
do
Locomotives (class I), end of month:
Steam, undergoing or awaiting classified repairs
number-Percent of total on line
Orders, unfilled:
Steam locomotives, total
_
number
Equipment manufacturers
do
Railroad shops
do
Other locomotives, total
do
Equipment manufacturers
do
Railroad shops
__ do_
Exports of locomotives, total
Steam
Other __
_

do
do
do

o

16

1,547
1,547

1,804
1,804

0

0

0

0

63
0
63

50
1
49

60
1
59

65
3
62

37
1
36

73

37

56

59

591
529
62

447
385
62

587
545
42

728
652
76

673
581
92

658
607
51

681
611
70

702
646
56

643
598
45

0

0

0

o

0

o

o

o

o

o
o

INDUSTRIAL ELECTRIC TRUCKS AND
TRACTORS
;Shipments, total
Domestic
Export

_

_

number-do
do

r
Revised.
P Preliminary.
i Revisions for first two quarters of 1951 (in units and order of items as above, for 1st and 2d quarters, respectively) are as follows: 99.797- 98 683' 85 763- 82 10710,521; 25,619; 75,242; 56,488; 39,451; 30,274; 35,791; 26,214; 14,034; 16,576; 5,116; 8,195; 8,918; 8,381. * Specification changed; earlier data not strictly comparable.
' ' ' '
tRevised series. Beginning with data for 1951, the Bureau of the Census reports for woolen and worsted woven fabrics refer to goods which are principally wool by weight (i. e., exclude
fabrics containing 25-49.9 percent wool previously included).
*New series. Compiled
of
.. - by., U. S. Department
.
o/ Labor, Bureau of Labor Statistics. More complete specifications are: Worsted suiting, women's and children's gabardine lO^ii4v* oz./yd.; monthly data for 1950 will be shown later.
'
JData through December 1951 for total exports and trucks and busses exclude military-type exports not shown separately for security reasons; thereafter the figures, including those for
passenger cars, exclude all military-type exports.
§Not including railroad-owned private refrigerator cars.




•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
Abrasive paper and cloth (coated)
38
Acids
24
Advertising
7,8
Agricultural employment
10
Agricultural loans and foreign trade
15, 21, 22
Aircraft
.
11,12,13,14,40
Airline operations
22
Alcohol, denatured and ethyl
24
Alcoholic beverages
2,6,8, 27
Aluminum
33
Animal fats, greases, and oils
25
Anthracite
2,5,11,13,14,15,34
Apparel, wearing
3,4,5,6,8,9,11,12,14,15,38
Asphalt and asphalt products
36
Automobiles
2,3,7,8, 9,11,12,13,14,16,18, 21
Balance of payments
20
Banking
15,16
Barley
28
Barrels and drums
.
32
Battery shipments
34
Beef and veal
29
Beverages
2.3,4,6,8,11.12,14,27
Bituminous coal
2,5,11,13,14,15,34,35
Blast furnaces, steel works, etc
11,12,13,14
Blowers and fans
34
Boilers
33, 34
Bonds, issues, prices, sales, yields
19
Book publication
37
Brass
33
Brick..
38
Brokers' loans and balances
16, 19
Building costs
7
Building and construction materials
7,8,9
Business sales and inventories
3
Businesses operating and business turn-over _ _
4
Butter
27
Cans, metal
33
Carloadings
22, 23
Cattle and calves
29
Cement and concrete products
2,6,38
Cereals and bakery products
5,11,12,14
Chain-store sales (11 stores and over, only)
9
Cheese
_
27
Chemicals
2 , 3 , 4 , 5 , 12,14,15,18,21,24
Cigars and cigarettes
6,30
Civilian employees, Federal
12
Clay products (see also Stone, clay, etc.)
2, 6,38
Closures and crowns
33
Clothing (see also Apparel)
5,38
Coal
2,5,11,13,14,15,21,22,23,34,35
Cocoa
22,29
Coffee
„
22,29
Coke
2,22,23,35
Commercial and industrial failures
4
Communications
11,13,14,15,18,19, 20, 23
Confectionery, sales
29
Construction:
Contracts awarded
6
Costs
7
Dwelling units
7
Employment, earnings, hours, wage rates, _
11,
12,13,14,15
Highway
6, 7,12
New construction, dollar value
6
Consumer credit
16
Consumer expenditures
1,8
Consumers' price index
5
Copper
22,33
Copra and coconut oil
25
Corn
19,28
Cost-of-living index (see Consumers' price
index)
5
Cotton, raw and manufactures
2,5,6,21,38,39
Cottonseed, cake and meal, oil
25
Crops
2,5,25,27,28,30,38
Currency in circulation
18
Dairy products
2,5,11, 12,14,27
Debits, bank
15
Debt, short-term, consumer
16
Debt, United States Government
17
Department stores
8,9,10,16
Deposits, bank
15,16,18
Disputes, industrial
13
Distilled spirits
27
Dividend payments and rates._
1,18,20
Drug-store sales
.
8,9
Dwelling units
7
Earnings, weekly and hourly. ..
13, 14,15
Eggs and poultry
2,5, 29
Electric power
5, 26
Electrical machinery and equipment
3,
4,5,7,11,12,13,14,21,34
Employment estimates and indexes
10,11,12
Employment Service activities
13
Emigration and immigration
23
Engineering construction
6
Expenditures, United States Government
16
Explosives
25
Exports (see also individual commodities)
20, 21
Express operations
22
Failures, industrial and commercial
4
Farm income, marketings, and prices
2,5
Farm wages
15
Fats and oils, greases
5, 25, 26
Federal Government
finance
16,17
Federal Reserve banks, condition of
15
Federal Reserve reporting member banks
16
Fertilizers
5,24
Fiber products
34
Fire losses
7
Fish oils and
fish
25,29
Flaxseed
25

Flooring
31.32



Pages marked S
Flour, wheat
28
Food products
2,
3,4,5,7,8,9,11,12,14,18,27,28,29,30
Foreclosures, real estate
7
Foreign trade, indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
21,22
Foundry equipment
34
Freight carloadings
22, 23
Freight cars (equipment)
40
Freight-car surplus arid shortage.
23
Fruits and vegetables
2, 5, 21, 27
Fuel oil
35
Fuels
2,5.34,35
Furs._
' ' 22
Furnaces
34
Furniture..
2,3,5,8,9,11,12,13,14,16
Gas, prices, customers, sales, revenues
5,26
Gasoline
2, 7, 8, 9,36
Glass products (see also Stone, clay, etc.)
2,38
Generators and motors
34
Glycerin
24
Gold
18
Grains and products
5,19,21,22,23,28
Grocery stores
8, 9
Gross national product
1
Gypsum and products
6,38
Heating apparatus
... 6,11,12,13,14,33,34
Hides and skins
5,22,30
Highways and roads
6, 7,12,15
Hogs
.
29
Home Loan banks, loans outstanding
7
Home mortgages
7
Hosiery
38
Hotels
11,13,14,15,23
Hours of work per week
12,13
Houscfurnishings
5, 8, 9
Household appliances and radios
5,8, 9,16,34
Immigration and emigration
23
Imports (see also individual commodities)- 20, 21, 22
Income, personal
1
Income-tax receipts
16
Incorporations, business, new
4
Industrial production indexes
2,3
Instalment loans
16
Instalment sales, department stores
10
Insulating materials
34
Insurance, life
17,18
Interest and money rates
16
International transactions of the U. S
20, 21, 22
Inventories, manufacturers' and trade
3, 4, 9,10
Iron and steel, crude and manufactures
2,
6,21,32,33
8,9
Jewelry stores, sales, inventories
35
Kerosene
13
Labor disputes, turn-over
10
Labor force
29
Lamb and mutton
29
' Lard
33
Lead.
Leather and products
2,3,4,5,12,14,15 30,31
25
Linseed oil
Livestock
2 , 5 , 2 2 23,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
7,15,16 17,19
40
Locomotives
39
Looms, woolen, activity
35
Lubricants
Lumber and products
2,
3,5,8,9,11,12,13,14 31,32

Machine activity, cotton, wool__
39
Machine tools
34
Machinery
2,3,4,5,11,12,13,14,18, 21,34
Magazine advertising
8
Mail-order houses, sales
8,9,10
Manufacturers' sales, inventories, orders
3,4
Manufacturing production indexes
2,3
Manufacturing production workers, employment, payrolls, hours, wages
11,12,13,14,15
Meats and meat packing
2, 5,11,12,14, 29
Metals
2.3, 4, 6,11,12,13,14,15,18,32,33
Methanol
24
Milk
27
Minerals and mining
2,3, 11,13,14, 15, 20
Monetary statistics
18
Money orders
8
Money supply
18
Mortgage loans
7,15,16,17
Motor fuel
36
Motor vehicles
3,5,8,9,40
Motors, electrical
34
National income and product
1
National parks, visitors
23
Newspaper advertising
8
Newsprint
22,37
New York Stock Exchange, selected data
19, 20
Nonferrous metals
2,6,11,12,13,14, 22,33
Oats
28
Oil burners
34
Oils and fats, greases
5,25,26
Oleomargarine
26
Operating businesses and business turn-over __
4
Orders, new and unfilled, manufacturers'
4
Paint and paint materials
5, 26
Panama Canal traffic
23
Paper and pulp
2,3,4,6,11,12,14,15, 22,36,37
Paper and products. _ . 2,3,4,6,11,12,14,15,36,37
Passports issued
23
Payrolls, indexes
12
Personal consumption expenditures
^ _ 1,8
Personal income
1

Pages marked S
Personal saving and disposable income
1
Petroleum and products
2,
3,4,5,11,12,13,14,15,21,22,35,36

Pig iron
32
Plant and equipment expenditures
1
Plastics, synthetic, and resin materials
26
Plywood
31
Population
10
Pork
29
Postal savings
16
Poultry and eggs
_ _ 2,5,29
Prices (see also individual commodities):
Consumers' price index
5
Received and paid by farmers
5
Retail price indexes
5
Wholesale price indexes
5,6
Printing and publishing
2,3,4,11,12,14,15,37
Profits, corporation
.
1,18
Public utilities,._ 1, 6,11,13,14,15,17,18,19, 20, 26
Pullman Company
23
Pulpwood
36
Pumps
34
Purchasing power of the dollar
6
Radio and television
5, 7,34
Railroads, employment, wages, financial statistics, operations, equipment
11,
12,13,14,15,17,18,19,20,22,23,40
Railways (local) and bus lines
11,13,14,15
Rayon and rayon manufactures
2,39
Real estate
...
7,16, 17,19
Receipts, United States Government
16
Reconstruction Finance Corporation, loans
17
Refrigerators, electrical
34
Rents (housing), index
5
Retail trade, all retail stores, chain stores (11
stores and over only), general merchandise,
department stores
3,4,8,9,10,11,13,14,15
Rice
28
Roofing and siding, asphalt
36
Rosin and turpentine
24
Rubber, natural, synthetic, and reclaimed,
tires and tubes
6,22,37
Rubber products industry, production index,
sales, inventories, employment, payrolls,
hours, earnings
2,3,4,12,14,15
Rural sales
_
_
10
Rye
28
1
Saving, personal
16
Savings deposits
18,19
Securities issued
Services
4,8,11,13, 14,15
38
Sewer pipe, clay
29
Sheep and lambs
Ship and boat building
11,12, 13,14
Shoes and other footwear
2,8,9,12,14, 15,31
Shortenings
26
6,39
Silk, imports, prices
18
Silver
Soybeans and soybean oil
25
39
Spindle activity, cotton, wool
Steel ingots and steel manufactures (see also
32,33
Iron and steel)
32
Steel scrap
Stocks, department stores (see also Invento10
ries)
20
Stocks, dividends, listings, prices, sales, yields34
Stokers, mechanical
2,
Stone, clay, and glass products
3,11,12,13, 14,38
34
Stoves.
22,30
Sugar_
Sulfur
25
24
Sulfuric acid
24
Superphosphate
Tea
30
Telephone, telegraph, cable, and radio-telegraph carriers
11,13,14,15,18,19, 20,23
Textiles
2,3,4,6,11,12,14,15,21,38, 39,40
Tile
38
Tin
22,33
Tires and inner tubes
6,12,14, 15,37
Tobacco
2,3,4,5,6,8,11,12,14,15, 21,30
34
Tools, machine
Trade, retail and wholesale. 3,4,8,9,10,11,13, 14,15
Transit lines, local
22
Transportation, commodity and passenger
22,23
14,40
Transportation equipment... 2,3,4,11,12,13,
Travel
23
40
Truck trailers
40
Trucks
Turpentine and rosin
24
Unemployment and unemployment compensation
10,13
United States Government bonds
16, 17, 18, 19
16,17
United States Government finance
Utilities.
1,5,6,11,13,14,15,17,18,19, 20,26
34
Vacuum cleaners
Variety stores
8,9
Vegetable oils
25,26
Vegetables and fruits
2,5, 21,27
23
Vessels cleared in foreign trade
13
Veterans' unemployment allowances
Wages, factory and miscellaneous
13, 14,15
34
Washers
34
Water heaters
Wax
36
19,28
Wheat and wheat flour
5,6
Wholesale price indexes
Wholesale trade
3,4,10,11,13, 14,15
36
Wood pulp
Wool and wool manufactures
2,6,22, 39,40
Zinc_
„_
33

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balance of international f^ai^mentd of tne Lfnitea States, 1946-48
The position of the United States in the world economy since World War II is here revealed within the
framework of the balance of international payments. As the official economic record of our international
transactions this basic volume points up the problems which arose from unsettled conditions in international
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Here is the comprehensive record of what the United
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during three crucial years of the postwar era. Coverage includes current account transactions . . . the exchange of
goods and services . . . merchandise trade . . . transportation . „ . foreign travel . . . Government and private
services . . . income on investments , . . private and
Government aid . . . private loans and investments . . .
liquidation of foreign capital and gold . . . international
investment position of the United States . . . the transactions broken down by major foreign areas.

Illustrated with charts and containing summary statistical
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As part of the continuing series of publications on the
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presents the historical record of United States participation
in world trade since the First World War.

UNITED STATES DEPARTMENT OF COMMERCE • OFFICE OF BUSINESS ECONOMICS