Full text of Survey of Current Business : September 1952
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SEPTEMBER
U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
1952
SURVEY
OF C U R R E N T
BUSINESS
No. 9
S E P T E M B E R 1952
THE BUSINESS SITUATION . . .
Plant and Equipment Investment in 1952 . . ,
Balance of Payment Trends
, . . During the Second Quarter
American Foreign Investments in 1951 and 1952
SPECIAL ARTICLE
Debt Changes in 1951
*
5
7
. . . . . . . . . . . . . 10
*
#
NEW OR REVISED STATISTICAL SERIES
New Series on Retail Store Sales
*
PAGE
1
*
16
*
MONTHLY BUSINESS STATISTICS
S-l to S-40
Statistical Index . . . , . . „ . . . Inside Back Cover
Published by the U. S. Department of Commerce, C H A R L E S S A W Y E R ,
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SEPTEMBER 1952
3k.
By the Office of Business Economics
\
Gross National Product
400 ~
3OO -
1939
100
O
DOLLARS
I I I I I 1 I !!
Defense expenditures to rise further
I I I I I I I I I I I I I I I I
I93O32 34 36 38 40 42 44 46 48 50 52
Composition of Product measured
in constant (1939) dollars
20O
flX'
44 45 46 47 48 49 50 51
U FIRST HALF 1952, SEASONALLY ADJUSTED, AT ANNUAL RATE
U. S. DEPARTMENT
219505°
52
OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
1
The advance of defense expenditures was interrupted in
the current quarter by the steel strike and other temporary
factors. However, the President's budget review, issued
August 19, places total outlays for national security in the
fiscal year 1953 at $58 billion. Actual expenditures in the
quarter ended June 30 were at a $50 billion annual rate, so
that the estimate implies a substantial increase in defense
outlays during the current fiscal year. The report estimated
that revenues would fall short of meeting these expenditures
with a resulting cash deficit.
Changes in real national product
GOVERNMENT PURCHASES
I5O -
JL HE gently rising trend in evidence for the past year continues to underlie business activity. The divergence of
movement among sectors of the economy has narrowed
noticeably as the earlier rises in fixed investment have
leveled off while production of textiles, apparel, television
sets, and other consumer goods which had been weak have
responded favorably to the liquidation of excessive inventories.
Business expenditures for plant and equipment continue
high, with a small upturn in the final quarter of the year
indicated by the latest survey of business spending intentions
which is reported elsewhere in this issue. Both the earlier
advances in defense-related investment and declines in nondefense industry investment are dwindling or disappearing.
Residential construction, after allowance for seasonal movements, is moving at about the same rate as in the previous
quarter.
52~I33
The initial chart in this issue carries through the first half
of 1952 material presented in the 1951 National Income
Supplement and the July 1952 SURVEY on the movement of
output in constant dollars. The annual rate of national
output in the first half of 1952 in real terms is estimated to
have been about 1/2 percent above that of the full year 1951.
Prices of final products were up just over 2 percent, the
combination of both factors resulting in the dollar advance
in the gross national product to $341 billion at annual rates.
Purchases by all levels of Government in the first half
amounted to 21 percent of the total product, measured in
1939 dollars, as compared with 17 percent in 1951. The
proportion, however, remained closer to peacetime averages
than to the wartime rate of 45 percent reached in 1944.
With the rise from last year in Government purchases
exceeding that in total real product, and personal consumption expenditures up a little, business gross investment
contracted. This pattern bears a surface resemblance to
that which developed in World War II. In the former
SURVEY OF CURRENT BUSINESS
period, however, the investment contraction occurred in all
major types and was due to physical limitations upon output.
The reduction this year stemmed from a voluntary downward adjustment in business inventories from the abnormally
high volume reached in 1951. It was primarily the result of
a lessened intensity of demand rather than of production
limitations—-although the latter did play a part in some
particular products.
The 1952 advance in personal consumption expenditures
was about in line with that in population, so that per
capita real expenditures were little changed. Present per
capita outlays thus remain below 1950 but above all previous
years. Since the 1950 buying wave was concentrated upon
durable goods, which are used over a period of years, the
reduction in per capita expenditures since that time cannot
be construed as indicating a reduction in the use of goods.
Steel shutdown
effects
Production losses resulting from the steel shortage will
probably prove to have been large enough to prevent any
important increase in national product for the third quarter
as a whole. The stoppage left its impress most deeply on
July activities, bringing associated declines in personal income and retail sales. Personal income was off one percent
from the June annual rate of $267 billion as a result of wage
losses. Unavailability of automobiles was chiefly responsible
for a 4 percent drop in seasonally adjusted retail sales. More
lasting results of the steel stoppage have been the unbalancing of inventories in metal fabricating industries and the
deferral of some of the output of steel products that would
otherwise have been forthcoming in the third quarter.
Unemployment was swifty dissipated as production was
resumed in August. Claims for unemployment compensation declined each week and by the end of the month stood
at the lowest point of the year. Unemployment reported by
the Bureau of the Census for early August, at 1.6 million,
was 300,000 below July and the same as a year earlier.
Employment in nonagricultural activities set a new record,
although an unusually rapid drop from the summer peak in
the number of farm workers lowered total employment
slightly below July.
Industrial output rebounds
Industries affected by lack of steel stepped up production
rapidly during August. From 15 percent of capacity during
the last week of the work stoppage, steel operations were
running at 100 percent by early September. Steel output
during June, July, and August was more than 15 million
ingot tons under that which would have been produced
had the industry operated at the same rate of capacity as
during the corresponding months of 1951. Although the
tonnage thus lost represented 14 percent of the steel industry's annual capacity as of January 1, 1952, operations
of steel consuming industries were not correspondingly curtailed as inventories were utilized to sustain production.
The automobile industry showed the most pronounced
effect, with third quarter output of cars and trucks approximately 400,000 less than NPA controlled materials allotments would have permitted. Production increased rapidly
after steel began to flow and in the final week of August
amounted to about 115,000 cars and trucks compared to
19,000 at the beginning of the month.
Rising production during August was widespread. Textile output increased. Petroleum refining was higher as
refiners strove to make up losses of output during the work
stoppage of last May. Production of paperboard was the
highest in about a year. Weekly output of television sets,
which had averaged 70,000 in June and dropped to 50,000
September 1952
in July with vacations and model changeovers, moved uf
progressively to 144,000 in the final week of August—the
highest weekly rate since March 1951.
Unfilled order backlogs up
New orders received by manufacturers in July, aggregating $22.6 billion, reflected in part the customary seasonal
decline but the unusually large amount of the drop, $2.2
billion, was governed by the steel situation. Since manufacturers shipped $2.6 billion less than the new orders received, unfilled order backlogs rose by that amount.
The largest backlogs—chiefly for defense materiel—are
held by the transportation equipment (including motor
vehicles) industry, with unfilled orders held by machinery
producers, both electrical and nonelectrical, ranking next
in size and also very large. Unfilled orders for primary
metals at the end of July were larger than at am^ time since
the Korean outbreak.
Indicative of the improvement in consumer goods lines
was the fact that unfilled orders increased in July for the
second successive month after a steady decline since the
spring of last year. The pick-up was strongest in textiles.
Sales and inventory movements
Because of the interrupted steel flow, manufacturers
shipped somewhat less in July—nearty 1 percent after allowance for the usual seasonal drop—than in June but dipped
further into their inventories in order to achieve this relatively favorable sales volume. Manufacturing operations
for June and July show a number of divergent trends which
clarify developments in these two abnormal months. Sales
of primary metal industries, dominated by iron and steel,
were of course hard hit—down 44 percent in July from
Ma^y. But shipments of steel fabricators, except for the
motor vehicles industry, were not greatly affected. Sales
of all major steel fabricating groups other than motor
vehicles, after adjustment for seasonal variation, were off
5 percent in both June and July from their May figures.
Manufacturers of furniture and fixtures, lumber products
except furniture, and stone, clay, and glass products, after a
slight drop in June, sold 2 percent more in July, with allowance for the season, than in May. Aggregate shipments of
nondurable goods manufacturers also registered an appreciable (4 percent) gain for the month. Especially noteworthy
were the 23 percent rise of apparel sales above the June
total and the 5 percent rise in textiles.
Inventories of steel producers and fabricators changed surprisingly little in aggregate volume during June and July but
did change in composition. Most basic metal producers
accumulated unusually large quantities of scrap; consequently, inventories of primary metal producers were up slightly
in July over May. Fabricators drew heavily on the steel
products in stock but accumulated larger amounts of nonferrous materials, whose supply has been rigidly controlled,
as the flow of such products was not generally interrupted.
The net result was to unbalance stocks of metal fabricators
with an ample supply of some materials and parts and
shortages of others, although their aggregate holdings at the
end of July, seasonally adjusted, were only 2 percent less
than in May. Stocks held by most other manufacturing
industries changed little.
Reduced auto deliveries affect retail sales
Sales of retail stores were down 4 percent in July on a
seasonally adjusted basis but the bulk of the drop was
ascribable to the lowered output of automobiles. Sales
SUEVEY OF CUKKENT BUSINESS
September 1952
of all other major durable goods lines receded fractionally.
Sales at nondurable stores were unchanged in the aggregate
with increased spending at food stores offsetting minor
reductions in purchases from general merchandise and
apparel stores.
Inventories of retail stores declined about $100 million in
July because stocks of automotive dealers were drawn down.
Stocks held by other retail dealers moved up about 2
percent on a seasonally adjusted basis, while wholesale
inventories were lowered by about half that percentage.
Plant and Equipment Investment in 1952
11 ON AGRICULTURAL business expects to purchase new
plant and equipment at a continuing high rate throughout
1952, according to the latest joint survey of the Office of
Business Economics and the Securities and Exchange Commission. This survey indicates planned spending at a seasonally adjusted annual rate of about $27.5 billion in the
third quarter—virtually unchanged from each of the first
two quarters—and almost $28 billion in the final quarter of
this year.
in line with past systematic tendencies in anticipatory statistics for these periods, there was some offsetting during both
periods in the upward adjustments of manufacturers' schedules and the downward revisions in the programs of mining,
railroad and public utility companies. In the electric power
field, delays in deliveries of turbines and generators have
resulted in a lowering of 1952 expansion goals from 9 million
to 7 million kilowatts—although the full goal has been increased from 107 million to 117 million kilowatts.
Trends in Plant and
Equipment Expenditures
Differential
*
With the exception of the railroads and an expected
moderate decline in expenditures by mining companies
(primarily in petroleum and gas extraction), all major industries expect to maintain second quarter fixed investment
rates during the third quarter. Some increases from these
rates in the fourth quarter are anticipated by manufacturers,
the electric utilities, and gas utilities, and mining companies,
with planned outlays by most other major industries leveling
out.
All Industries
1952 investment programs
Index, 1st half 1950=100
200
Manufacturing
and Mining N^
175
^**
*
150
Transportation,
Communications and
Public Utilities
125
100
75
I
J_
J_
1950
I
1951
, i
• ANTICIPATED
j
I
|
1952
SEASONALLY ADJUSTED
• S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
52-138
It is not possible to determine whether or not the survey
respondents fully allowed for the effects of the steel strike on
capital goods deliveries. It may be noted, however, that
the bulk of the reports were submitted after the settlement in
steel. The results imply that businessmen as a group do not
expect extensive delays in their machinery and equipment
deliveries. The railroads may be notable exceptions and
anticipate substantial cut-backs in capital outlays from the
first to second half of this year.
The survey results show actual second quarter expenditures somewhat lower, and expected third quarter outlays
appreciably higher, than anticipated by business three
months ago. While these adjustments in aggregate are about
investment trends by industries
If present capital spending intentions are realized, new
plant and equipment expenditures for the full year 1952 will
total somewhat over $27.5 billion, or 4 percent higher than in
1951. This percentage is the same as that anticipated by
businessmen for this period in reports submitted by them
early this year.
By industries, the 15 percent expected increase in expenditures by manufacturers in 1952 exceeds earlier schedules.
This year's investment by railroads, nonrail transport and
mining companies is now scheduled at essentially 1951 rates—
with the former in line with, and the latter two industries
short of, former programs. The public utilities anticipate
a 6-percent increase from 1951, while the commercial group is
lower by a similar percentage. Both of these changes are
close to schedules reported early this year.
Most manufacturing industries have increased their 1952
estimates, although the oil companies account for about
two-fifths of the total upward adjustment in the manufacturing sector. All size groups of firms have raised their
schedules, with the upping of programs greatest among the
very smallest and the very largest size-classes of companies.
Manufacturing investment rising
After allowance for seasonal factors, investment programs
of both durable and nondurable goods manufacturers show
considerable strength—with both groups planning to spend
at new highs in the final quarter of this year. Durable
goods producers, however, expect a slight retardation in
fixed investment during the third quarter.
SUEVEY OF CURKENT BUSINESS
Among the durables, increased spending throughout this
year is planned by the motor vehicle and both the electrical
and nonelectrical machinery industries. The nonautomotive transportation equipment, nonferrous metals, and
stone, clay and glass industries, on the other hand, report
minor declines in capital outlays after mid-year. Iron and
steel producers and other durable goods industries have
scheduled increased capital expenditures in the fourth quarter following slight reductions during the third quarter.
The steady upward movement in additions to productive
facilities by nondurable goods producers is being paced by
the oil and rubber industries, followed closely by chemicals
and paper companies. Capital outlays by industries less
closely engaged in the defense effort are expected to level
out in the second half of this year—with only food and tobacco companies showing a moderately downward trend.
Relative to expectations as reported in a similar survey 3
months ago, however, the present survey indicates a considerable upping of fixed investment programs by most nondefense industries.
All groups reported second quarter spending and their
third quarter plans above rates earlier anticipated. Capital
outlays in the second half of 1952 by the larger firms were
expected to rise substantially from the first six months, while
September 1952
plans of the smaller size groups of companies indicated maintenance or slight increases from first half rates.
Nonmanufacturing investment programs stable
Capital outlays by nonmanufacturers in the second quarter
were at a seasonally adjusted annual rate of over $14.5
billion, or 5 percent below the first quarter. While the
decline was widespread, reduced spending by retailers accounted for almost one-half. A slight rise occurred in expenditures by electric power companies,, though this was
more than offset by less than seasonal increases in outlays
by gas and other utilities.
Little change is expected from second quarter rates in either
of the last two quarters of this year. The major strength
in these periods is provided by the increasing investment of
both electric and gas utilities. Air transport companies are
anticipating a substantial rise in investment in the final
quarter of the year/ Offsetting these increased expectations
in the third quarter are planned reductions in spending by
the railroads and crude petroleum mining. Commercial companies expect to maintain second quarter rates of capital
outlays in the final two quarters of the year—marking a halt
in the steadily declining trend since early 1951.
Table 1.—Expenditures on New Plant and Equipment by U. S. Business, 1951—52
[Millions of dollars]
1952
1951
1952
1951
Industry
JanuaryMarch
April-June
July-September
OctoberDecember
JanuaryMarch
April- June
July-September 2
OctoberDecember 2
11, 130
12,808
2,154
2,802
2,841
3,335
2,742
3,302
3,381
3,383
5,168
5,999
923
1,231
1,363
1,652
1,326
1,544
1,544
1,585
Primary iron and steel
Primary nonferrous metals
Fabricated metal products.
Electrical machinery and equipment
Machinery except electric
1,304
277
421
1,718
461
360
190
45
97
283
62
104
352
70
100
479
100
119
356
109
87
468
122
89
429
116
96
465
114
88
359
675
407
773
62
121
87
149
90
181
120
224
80
176
96
189
108
203
123
205
Motor vehicles and equipment _
Transportation
equipment excluding motor vehicles
Stone, clay, and glass products
Other durable goods *
736
(3)
136
193
207
202
171
227
255
(3)
182
388
826
(3)
822
25
75
172
42
98
213
54
100
209
62
114
232
65
83
199
62
79
212
58
78
201
(3)
Manufacturing
_
___
Durable goods industries
.
229
44
210
Nondurable goods industries _
5,962
6,808
1,230
1,571
1,476
1,683
1,416
1,758
1,836
1,798
Food and kindred products
Beverages
Textile mill products
Paper and allied products
657
311
695
489
609
324
491
423
157
78
158
106
184
82
216
122
153
79
167
126
162
72
153
134
156
67
136
99
168
88
135
108
150
81
119
110
135
88
101
106
_ _
1,283
2,014
187
327
1,503
2,812
267
380
254
356
40
81
339
490
43
95
319
511
42
79
372
657
61
71
325
492
55
86
375
714
67
103
411
802
71
93
392
804
74
98
910
843
189
241
236
244
208
220
211
204
__
1,474
1,446
294
394
354
432
362
381
331
372
Chemicals and allied products
Petroleum and coal products
Rubber products __
___
Other nondurable goods 5
Mining
Railroads. __
Transportation, other than rail
1,492
1,478
356
420
372
344
361
378
373
Public utilities
3,854
4,068
759
936
1,042
1,117
847
957
1,104
Commercial and other 6
Total
366
1,160
7,474
6,843
1,783
1,872
1,870
1,949
1,708
1,713
1,726
1,696
26, 334
27, 484
5,535
6,665
6,715
7,421
6,228
6,951
7,125
7,180
Seasonally Adjusted at Annual Rates
[Billions of dollars]
Manufacturing
Mining
Railroads
Transportation, other than rail
Public utilities
Commercial and other 6
Total
9.46
.82
1.28
1.45
3.70
7.57
11.08
.95
1.53
1.50
3.86
7.48
11.72
.93
1.46
1.50
3.97
7.49
12.02
.93
1.60
1.50
3.85
7.40
12.04
.93
1.57
1.47
4. 14
7.27
12. 95
.87
1.48
1.35
3.99
6.85
13.07
.81
1.26
1.48
4.04
6.84
13.32
.85
1.28
1.48
4.20
6.79
24.29
26.40
27.07
27. 30
27.43
27.49
27.49
27.92
1
Excludes agriculture. These figures do not agree precisely with the totals included in the
gross national product estimates of the Department of Commerce. The main difference
lies
in the inclusion in the latter figures of certain outlays charged to current account.
2
Estimates for third and fourth quarters based on anticipated capital expenditures as
reported
by business in August.
3
Data not available separately but are included in totals.
4
Includes lumber, furniture and fixtures, instruments, ordnance, and miscellaneous manufactures.
5
Includes apparel and related products, tobacco, leather and leather products, and printing
and publishing.
6
Includes trade, service, finance, communications, and construction.
Source: U. S. Department of Commerce, Office of Business Economics and Securities and
Exchange Commission.
September 1952
SURVEY OF CURRENT BUSINESS
Balance of Payment Trends
. . . During the Second Quarter
JL HE balance of payments for the second quarter indicates
a substantial improvement in the position of foreign countries
as a whole. Foreign gold and dollar assets increased by
about $380 million through transactions with the United
States, in contrast to an equally large loss during the preceding quarter. This reflects in part the progress that was
made in correcting the imbalance in international transactions which reappeared around the middle of 1951, largely
as a result of the reduced demands for imports which accompanied the slackened pace of general buying in some
countries, including the United States, and the rising demand for domestic and imported products in others. To a
considerable extent, however, the very large shift in reserve
movements favorable to foreign countries was due to special
and temporary factors.
Special factors raise foreign dollar receipts
Measures taken by the United States Government to speed
the flow of economic aid, both loans and grants, raised the
total by $270 million over the previous quarter to a rate
which can be maintained for only a limited period with the
current appropriation.
Several security issues by American-controlled corporations in Canada and by the International Bank as well as a
large private bank loan increased the private long-term
capital outflow by over $200 million to an annual rate of
$1.9 billion, also more than is likely to be maintained in the
near future.
During the first quarter, both economic aid by the Government and the outflow of private capital had been somewhat
smaller than the longer run average which could have beer*
expected on the basis of recent trends. Hence, perhaps
half of the improvement in the international balance of
payments, as reflected in the change in the movement of
gold and foreign dollar assets by $760 million (from a loss
of $380 million in the first quarter to a gain of $380 in the
second), may be ascribed to the coincidence of temporary
increases in the outflow of both private and public aid and
investment funds. In addition, however, some of the changes
in trade appear to be of a temporary nature.
Adjustments in foreign purchases
A change in the international transactions toward a new
balance may be found in the decline in exports of goods
and services, excluding those under military aid programs,
although seasonal factors account for many of the major
changes during the quarter. A decline in exports of raw cotton and foodstuffs is not unusual during this period of the
year, but part of the $200 million decline in these commodities
may be attributed to a better supply situation abroad. The
decline in coal exports to Europe from nearly 10 million tons
in the first quarter to about 5 million in the second is also
an indication of improved conditions abroad.
A close analysis of the monthly export data gives more
evidence of adjustments in purchases by foreign countries to
their current dollar receipts. Merchandise exports remained
high until May, when shipments amounted to $1,235 million,
as compared with the monthly average of $1,257 million
during the first quarter of the year. These totals exclude
shipments under the military aid program.
The major break in exports occurred in June, when the
value was off $180 million. Of the latter amount cotton and
foodstuffs accounted for about $65 million, and exports of
steel mill products, which were curtailed by the steel strike,
declined about $24 million. The remainder covered nearly
all manufactured goods including textiles, paper, machinery
and automobiles. It is not likely that the decline in exports
of machinery and automobiles was the result of the steel
strike, as production had not yet declined during that period.
Rather, a decline in foreign demand or tightened import
restrictions must be assumed to have occurred.
The developments in June thus indicate a decline in exports
independent of seasonal or other temporary factors. The
June export rate was down enough to restore equality between foreign dollar receipts from sales to the United States
at current rates, Government aid at the rate permitted by
present appropriations, and the average rate of foreign
investments in recent years on the one side and foreign dollar
expenditures here on the other. However, since many
countries want to raise their reserves to a level sufficiently
high to allow for temporary changes in their external transactions, a further decline in their purchases from the United
States should be expected unless our expenditures abroad
increase.
Improved harvests and rising production, relative to consumption, of coal and petroleum abroad, as well as the
existence of large stocks of cotton which were accumulated
during the last season, will reduce some of the most urgent
demand for supplies from the United States. Furthermore,
it seems that several countries in which credit expansion and
price rises continued through the end of last year or the first
months of the current year have now taken measures to
counteract the inflation and in some instances have succeeded
in lowering prices. Abatement of inflationary pressures
should also contribute to a reduction in the demand for
imports by these countries.
The decline from the first to the second quarter affected
mostly our commercial exports to the sterling area, other
Western Europe and Latin America—areas which have had
relatively weak balance-of-payments positions. Offsetting
this decline was a rise in exports to Canada and Japan, both
of which have had a rather favorable balance in their external
transactions.
With the second quarter decline in overseas coal and grain
exports, shipping receipts declined by nearly 20 percent.
Income on investments rose over the first quarter but not
above the second quarter of last year.
Imports remain high
Imports of goods and services changed relatively little
from the preceding quarter. The normal seasonal decline
in coffee imports was largely offset by the seasonal rise in
imports of sugar and a somewhat more than seasonal upturn
in tourist expenditures abroad.
SUEVEY OF CURRENT BUSINESS
Omitting the commodities and services with relatively
pronounced seasonal import fluctuations, the high level of
imports which had developed during the first quarter of the
year was maintained, although unit values had declined by
about 2.6 percent from the first quarter. Among the major
raw materials, imports of rubber declined from the abnormally large volume during the preceding quarter, but were still
considerably higher than current consumption.
Imports of nonferrous metals, particularly of tin, continued
to rise following the conclusion of new purchase agreements
by the Government. For tin as well as zinc and lead the
higher imports resulted in an increase of stocks. Because
imports of some important commodities appear to be again
in excess of current needs, adjustment in imports may result
although normal seasonal factors may overshadow these
developments as far as the value of total imports is concerned.
September 1952
Import figures were also raised by the return from Western
Europe of lend-lease vessels valued at $58 million. These
vessels were transferred again under the military aid program,
and hence appear in both exports and imports.
Tourist expenditures continue to reflect the upsurge in
foreign travel. In the second quarter they were 20 percent
higher than during the corresponding period last year. For
Western Europe alone the rise was about 45 percent. This
area may be expected to earn about $100 million more than
last year from the expenditures by United States tourists,
including their fares on European ships and planes.
Economic aid exceeds rate of appropriation
Government economic aid increased substantially from
the first quarter, particularly to the United Kingdom, and to
Table 2.—Balance of Payments of the United States, First and Second Quarters of 1952
[Millions of dollars]
:
i
Sterling area 3
Western
Europe 1
All areas
Item
UP
lr
Exports of goods and services:
Merchandise adjusted
Transportation
Travel
Miscellaneous services:
Private
_ _ _
Government
Income on investments:
Private
Government
4,167
392
102
1,378
162
12
150
14
2
69
45
2
70
40 00
393
29
437
13
36
23
33
5
23
5,310
5,237 1,816
1,700
191
2,962
245
132
2,841
265
197
552
120
22
545
145
74
303
6
16
62
365
63
365
50
125
50 00
29
127
77
12
87
12
59
4
58
4
- 3,855
3,830
932
1,003
1,455
1,407
884
Balance on goods and services
Unilateral transfers (net) :
Private
Government:
Economic aid
Military aid
Other
Total
UP
I'
164
72
-_
Total
4,093 1,431
323 204
135
8
UP
160
67
-
Total
Imports of goods and services:
Merchandise, adjusted
Transportation
Travel
Miscellaneous services:
Private
Government
Income on investments:
Private
Government
lr
_ - -
Balance on goods and services and
unilateral transfers (balance for
"all areas" equals net foreign investment)
United States capital (net) :
Private:
Direct investments
Other long-term
Short-term
Government:
Long-term
Short-term
Total
Foreign capital (net) :
Lon^-term
Short-term
Gold sales [purchases ( — )]
Transfer of funds between foreign
areas [receipts from other areas
(— )] and errors and omissions
-96
-97 -44
-387
-403
-30
-607 -286
-581 -323
-33 -7
Eastern
Europe
Dependencies 2
-916 -1,318 -660 -1,001
33 (-)
61
24
16
98
(«)
162
3
165
6
96
2
108
1
K
2
12
3
23
3
3
1
3
1
2
1
2
2
2
-3
0
1 -3
19 -1
2
216
-1
1
2
2
1
236
162
115
15
00
-I
-1
-66 -211
-2
15
1
146
-3
-5
14 -132
1
12
-253
-2
119
-5 -95
0
-67
3
44 -96
6
12
5 -124 -115
-16 -17
-8
00
1 00
-9
-3
-8
181 -232
27 -223
9
2
-2
-8 -53
-9 (')
49
2
26
-24 -10
-2
14
22
-2
3
00
00
-2
4
()
(*)
-4
208
-2
1 (*)
203
-2
-2
-2
-117
1
00
(*)
(*)
(*)
200
210
237
82
-4
-2 -5
(4)
(4)
-1
(4)
(*)
(4)
W
1 -126
"(')"
3
-7 -10
230
72
9 -38 -17
-4 (•)
-1
19
-52 -79 -2 -45
i -2
-3
(*)
(^
-]
-2
(*)
-2 -48 -31
1 -1 (*)
-70 -71
(*)
-1
0
8 -92 -29
-1
5
1
1 (*)
1 -28
16
2
1
6
117
2 -521
31
13
-3
14
3
1
-2
-1
-20 -161 -17 -154
(4)
(4)
(4)
(4)
(4)
2
2
— 1 (*)
-26 -164
-6 -51
(•)
00
00
-38 -180
-7
1
(*)
(•)
(*)
-21 -16
-9 -2
32 -32
68
1
8
11
-4 -63 -79
6 -8
-1
53
1
9
314
-10 -35 -33
-146 -206 -129 -112
195
4
2
53 -59
-7 -8 -73 -123 -21 -16
73
-30 -18 -50
1
2 -2
19 -23
-3 -10
—1
183
5
2
300
-2
(*)
(*)
186
2
11
733
-1
-I
187
3
14
29
1
—5
-43 -206 -66 -110
-90 -57
11
48 -23
6
19
1
25
21 -80 -98
37
31
5
31
1
4
00
00
00
10
30
1
Q
8i
292
32
1
719
10
00
437
2
219 -52
30
88
42
24
5
108
84
42
24
8
205
11
43
35
6
205
23
43
36
14
322
17
1
741
188
14
147
58
13
282
-11 -12
28
157
42
3
825
-4 -48 -37 -177 -252
21
533
64
27
285
-3
8
3
537
51
19
253
245
16
3
8
1
2
725 1,079 1,007
-5
00
II p
2
(*)
2
326
-4
2
00
w
I'
52 380
5
32
1
2
255
191
-2
54
6
1
353
647
(*)
1
681
10
(*)
1
938
-7
3
9
13
10
242
UP
lr
20
-7
•Revised.
p Preliminary.
* Less than $500,000.
'Western Europe includes the OEEC countries, Finland, Spain and Yugoslavia.
2 Dependencies include Spanish dependencies.
Source: U. S. Department of Commerce, Office of Business Economics.
59
71
3
183
8
287
41 (-)
4 00
22
21
2
178
-152
255
41
4
22
14
5
21
-726
218
51
7
35
8
5
21
2
1
-104 -549
51
5
34
8
5
9
-3
-100
-11 (*)
-555
12
21
3
5
10
-190 -64
-18 -3
10
58
12
20
(*)
529
16
6
-141
-5
491
156
20
35
3
3 (*)
618
19
5
12
2
23
1
172
243
39
2
855
73
49
-304 -168 -144
4
497
57
8
All other
countries
Dependencies
UP
I'
738
80
5
908
76
65
339
UP
1
603
26
56
0)
r
3
569
24
24
1
I
810
54
7
9
23 (*)
II P
901
70
5
10
8
I'
Other
Western
Europe
932
74
29
298
5
12
(*)
United
Kingdom
Total
823 1,014
81
21
30
85
838 1,051 1,332 1,249 1,110 1,023
-380
-106
-32
-30
II v
3
-180
-59
4
-375
Ir
3
224
1
UP
I'
198
89
7
1
-1
II P
1
539
-17
-39
15
670
20
57
I'
II v
1
(*)
-3
1
(-)
3
-44
1
3
697 -165 -141
-460
-490
-7 (*)
I'
1
1
149
11 00
(*)
2 (-)
1
1
1 00
356
UP
I'
Latin
InternaAll other tional
American countries
inrepublics
stitutions
Canada
287
4
24
22 -49
6
139
3
9
00
1
2
-11 —520
286
326
260 -10
2
120
-3 -12
106 -108
-47
Merchandise has been adjusted to exclude exports of military-end-use items financed
through grants under the military aid programs and to include for the total sterling area—
but not for the United Kingdom and other component areas—"Special Category" exports
sold by cash. For the definition of "Special Category" goods, see Foreign Trade Statistics
Notes for September 1950, published by the Bureau of the Census.
* Military aid to the sterling area countries is not shown separately.
September 1952
SUEVEY OF CURRENT BUSINESS
other countries in Western Europe. The increase was
partly due to new authorizations for raw materials, foodstuffs
and fuels after a temporary interruption during the latter
half of 1951. The gross expenditure rate during the second
quarter of about $3 billion per year, including EGA loans,
exceeded the appropriation by Congress for the current year.
Including 10 percent of the military aid appropriation
which—if necessary—can be transferred to economic aid,
this appropriation amounted to $2.3 billion. However, since
the difference between aid disbursements and funds appropriated up to the end of June 1952 amounted to over $1.5
billion, the current expenditure rate may exceed the appropriation for a limited time.
Government loans increased over the preceding quarter
because a part of the economic aid to the United Kingdom
was on a repayable basis.
Net military aid increased by nearly 50 percent from the
first quarter to $581 million in the second. As more military equipment becomes available, exports under the military
aid program will continue to increase. The difference between funds appropriated to the end of June and the cumulative value of shipments to the same date was nearly $8
billion.
Security issues raise private investments
The private capital outflow during the second quarter
was unusually high.
Direct investments were increased by the issuance of
about $140 million of new securities by several Americancontrolled companies operating in Canada. Other investments include a $43 million advance to Belgium taken over
by private banks from the Export-Import Bank, and $50
million of new securities issued by the International Bank.
A more detailed discussion of long-term American investments abroad appears below.
The outstanding development in the short-term capital
movements was the rise of $124 million in banking claims
against Brazil. During the 12 months ending June 30, such
claims increased by $264 million, which, together with the
$131 million decline of Brazilian short-term assets in the
United States, gives some indication of the deficit of that
country in its dollar transactions during the last year.
Further adjustments to be expected
The $760 million change in the movement of gold and
foreign dollar assets reflects the continued high imports,
-the unusually sharp rise in economic aid and private investments, and the reduced foreign expenditures here. About
$425 million of the shift occurred in sterling area assets,
some $310 million in nonsterling Western European gold
and dollar balances, and about $130 million in Canadian
assets in the United States.
Offsetting was the cessation of the rise in Japanese dollar
assets (including accounts receivable from the Armed Forces)
which had risen by over $100 million during the first quarter.
Latin American assets principally those of Brazil and Argentina, declined as compared with a relative stability during
the preceding quarter. Gold purchases during the quarter
were mostly from Mexico but were partly offset by a rise in
Mexican bank balances here. Cuba and Venezuela were able
to increase their dollar balances by considerable amounts.
The improvement in the position of the sterling area was
partly due to the $170 million increase in Government grants
and loans. The remainder resulted from a decline in purchases in the United States both by the United Kingdom
and the southern dominions. Dollar payments by the
sterling area to other areas do not appear to have changed
materially from the preceding quarter. Although considerable progress was made by the sterling area countries in
bringing their dollar transactions into balance, further adjustments will have to be made to bring their reserves up to
desirable levels or balance their international transactions
without special aid.
In contrast, the imbalance in the dollar transactions of
some of the Latin American countries continued nearly
unchanged and the major effects of this situation upon our
exports are yet to be felt.
American Foreign Investments in 1951 and 1952
JL RIVATE capital moving from the United States
continued to have an important part in the development of
the natural wealth and industrial potential of foreign
countries in 1951 and 1952.
While direct investment capital flows in 1951 were less
than in the preceding year, this was more than compensated
for by an increase to $700 million in reinvestments of undistributed profits of foreign subsidiaries. Capital outflows
for direct investment were a record amount in the first half of
1952 and are likely to be well-sustained in the second half.
The industrial distribution of these investments has been
more diversified in 1951 and 1952 than in earlier postwar
years. Relatively less capital has been going into the various
branches of the petroleum industry, and more has been going
to other industries, notably manufacturing, distribution, and
mining and smelting. Much of the new investment is
directed to Canada, and nearly every industry in that
rapidly developing country is being expanded by United
States capital. Contributions were also being made to
economic progress in other areas, with particularly large
investments being made in manufacturing and mining and
smelting in Latin America.
Direct investments on the upturn
After receding somewhat in 1950, direct investments, including both capital outflows and reinvested earnings,
reached a record amount in 1951 and seem headed for a
larger total this year, as indicated by a record outflow of
$560 million in the first half. As shown in table 4, capital
outflows in 1951 were down $100 million from the previous
year, with a decline of $180 million in petroleum outflows
offset to some extent by more investment in other industries.
However, additions to the United States equity in foreign
subsidiaries out of retained profits were much larger, particularly in the petroleum industry, so that total additions
NOTE.—The estimates of the value of direct investments abroad are provisional and will be
revised when the results of a new census of direct investments now being tabulated are available. The article on the balance of payments appearing on page 5 of this issue contains a summary area breakdown of long-term capital movements in the first half of 1952.
SUEVEY OF CURRENT BUSINESS
Table 3.—Net Outflow of Private Long-Term Capital and Reinvested
Earnings, 1946 to June 1952
[Millions of dollars; inflow (—)]
Reinvested earnings
n. a.—not available.
Economics.
1948
1949
1950
1951
59
810
748
796 1,168
963
183
__ _ -124
724
684
786
10
466
702
603
303
387
581
436
443
703
Capital outflows from the United States _
Direct investments
Portfolio investments
1947
86
64
360
JanuaryJune
725
560
165
(n. a.)
Source: U. S. Department of Commerce, Office of Business
On the other hand, a reduction in equity results from the
temporary transfer to the United States parent company of
funds provided by tax accruals, when the liability is entered
in the accounts of the foreign company in one year but the
actual tax payments are not made until the following year.
It is not possible with the data available to eliminate these
more or less transitory changes and arrive at satisfactory
estimates of real capital formation by American companies
abroad in the sense of investment in plant and equipment and
necessary working capital, but excluding short-run fluctuations stemming from the causes mentioned above.
Although little industry detail is yet available for the first
half of 1952, it appears that some part of the record total may
be the result of a reversal of the 1951 cash inflow from petroleum companies. Investments in manufacturing, especially in Latin America, may have consisted to a considerable extent of the accumulation of cash balances in 1951 and
1952 as a result of the blocking of remittances to the parent
companies.
Investment interest in Canada
The enlarged flow of direct and portfolio capital to Canada
from the United States has been an important factor in the
balance of payments of both countries since the latter part of
1950. From January 1950 to June 30, 1952, capital flows
of both kinds to Canada totaled about $1.4 billion, contributing not only to the rapid growth of Canada's economy
but also to the sustained rise in the exchange value of the
Canadian dollar.
Much of the new direct investment is in the development
of the mineral and forest wealth of Canada, but manufacturing investments in that country were still much larger than
977
651 1,218 3,664 1,308
-4
364
68
16
59
38
^M
M-3
•s|
.S w
%
39
-11
—2
Petroleum
Agriculture
AH areas:
Value, end of 1949
3,831
Net capital movements, 1950- - 119
292
Reinvested earnings,
1950
Other changes,1 1950
Distribution
Area and year end value
1
46
14
4,242 1,063
Value, end of 1950
81
Net capital movements, 1951 _ _ 140
64
365
Reinvested earnings,
1951
!
Other changes 1951
654 1,323 4,074 1,338
4,747 1,208
694 1,499 4,464 1,330
Value, end of 1951
Canada:
1,642
Value, end of 1949
53
Net capital movements, 1950_.
158
Reinvested earnings, 1950
37
3
96
47
33
184
206
196
14
16
4
519
(*)
1
26
34
148
21
1,853
Value, end of 1950
28
Net capital movements, 1951 _ .
160
Reinvested earnings, 1951
216
15
14
8
1
1
579
518
Value, end of 1951
2,041
238
17
756
284
535
Value, end of 1950
Net capital movements, 1951 _ _
Reinvested earnings, 1951
Other changes * 1951
Value, end of 1951
OEEC countries:
Value, end of 1949
Net capital movements, 1950
Reinvested earnings
1950
Other changes,1 1950
33
55
844
83
90
32
13
329
(*)
1
536
47
29
34
3
1,017
405
573
1,079
321
1
8
4
21
55
36
42
168
14
657
700
487 1,721
24
5
56
-5
516 1,772
64
(*)
1
—1
454
36
32
7
1,155
319
9
12
4
17
80
Value, end of 1951
1,252
340
4
64
529
22
(*)
1
22
4
(*)
57
(*)
39
7
—2
-2
410
-3
-8
23
26
56
42
399
..
Value, end of 1950
Net capital movements, 1951 __
Reinvested earnings, 1951
Value, end of 1951
8
2
2
1
1
-2
57
41
398
41
109
781
23
30
Allother:
Value, end of 1949
Net capital movements, 1950_Reinvested earnings, 1950
332
154
Value, end of 1950
Net capital movements, 1951 _ _
Reinvested earnings,
1951
Other changes 1 1951
Value, end of 1951
12
23
6
13
-4
6
367
12
35
173
9
13
43
1
—1
414
195
43
11
2
122
3
1
1
77
14
603
703
947 14, 889
325
26
3
3,359
265
224
25
3
3,848
271
228
341
353
4,347
883
132
20
4
26
3
4,798
191
76
907
161
-1
(*)
26
6
5,065
187
226
26
899
193
5,504
20
(*)
242
14
(*)
2,133
(z)
75
75
— 11
Value, end of 1950
Net capital movements 1951
Reinvested earnings,
1951
Other changes 1 1951
OEEC dependencies:
Value, end of 1949
Net capital movements, 1950
Reinvested earnings,
1950
Other changes,1 1950
702
443
—13
856 13, 550
342
64
(*)
403
39
12
80
7
296
-4
3
610 1,807
y
769 12,418
343
-11
3
—7
"~S
I
33
-48
90
56
5
33
— 11
349
-12
4
Miscellaneous
[Millions of dollars; inflow or reductions (—)]
Latin American republics:
Value, end of 1949
Net capital movements, 1950__
Reinvested earnings, 1950
1952
1946
Table 4.—Value of Private United States Direct Investments
Abroad, Capital Movements and Reinvested Earnings, by Area
and Industry, 1949-51
Manufacturing
to investments in that industry were unchanged. There
were sizeable increases in most other industries.
In appraising the annual variations in capital employed
abroad by American companies it is necessary to look at the
total change in the United States equity in direct investments
abroad and not just at the capital movements as they appear
in the balance of payments. In 1951, for instance, as compared to 1950, there was a decline of about $100 million in
net capital outflows to the petroleum industry in Latin
America. This was offset by a corresponding increase in
undistributed profits of foreign subsidiary corporations, leaving the net addition to our foreign investment in this industry the same in both years.
Annual variations in total additions to the United States
equity in direct investments represent changes in both fixed
and net current assets. No distinction is made in the data
collected for balance-of-payments purposes. Increases in
equity resulting from the inability of a foreign enterprise to
obtain dollars from local exchange control authorities to pay
for current imports from the parent or to transfer profits
may represent only the accumulation of large idle balances.
September 1952
Public utilities
8
256
15
3
2,272
77
128
6
20
274
2,483
5
9
1
(*)
564
9
-10
-2
10
561
20
(V)
0)
5
1
-2 "(«)"
5
-2
5
10
564
57
90
13
1
1,564
162
78
104
11
2
1,804
63
123
1
117
1,991
124
26
(•)
931
27
72
(•)
127 1,030
00
(«>
64
65
* Less than $500,000.
i Other changes consists largely of adjustments of book values, such as write-ups of assets,
or losses on liquidation.
Source: U. S. Department of Commerce, Office of Business Economics.
those in other industries at the end of 1951 and some of the
major current projects involve increases in manufacturing
capacity as well as power development. Many of the Canadian projects are still in their initial stages so that further
large expenditures can be expected.
There was also a decided increase in the amount invested
in Latin America in 1951 and the first half of 1952. The
totals were less than in the 1946-49 period when the great
expansion in petroleum occurred, but there were substantial
increases in other industries. Large shifts in the position of
individual countries from one year to the next are shown in
table 5.
SURVEY OF CURRENT BUSINESS
September 1952
The situation of Brazil is especially noteworthy, with an
increase in capital outflows to nearly $100 million, centered
in manufacturing and petroleum. Further large increases in
manufacturing in Brazil were registered in the first half of
1952. It is not known, however, to what extent the blocking
of remittances and the creation of idle balances may be
reflected in these figures, rather than expenditures to develop
foreign enterprises. Increases in investments in Chile and
Mexico were also significant; in the former country there
were important additions to copper-refining capacity and
Direct Foreign Investments
9
Table* 5.—Net Direct-Investment Capital Movements to Selected
Countries, by Major Industries, 1950—51
[Millions of dollars; inflow (—)]
Manufacturing
1950
1951
96
364
184
151
183
702
603
Canada
53
28
26
36
148
168
38
39
265
271
Latin American republics
Argentina
Brazil
.
Chile
Colombia
Cuba
33
83
-11
57
1
2
3
56
56
20
6
-48
-4
22
5
1
6
4
78
5
4
7
4
13
96
-2
17
5
5
13
191
22
24
23
14
16
187
-13
96
44
13
20
17
12
-37
2
5
7
7
6
-8
15
11
24
10
-1
3
5
__ _ _
13
3
5
10
1
2
—1
0
_ _
All other countries
Spain..
Australia
Egypt
India, Ceylon and
Pakistan
Indonesia
Japan, Korea and
Siam
_ _
1951
1950 1951
68
Middle Eastern countri°s ^
New Zealand
Philippine Republic,
Union of South Africa
.._ _ _ _
Other
Two-thirds of New Investments were in the
Western Hemisphere
BILLIONS OF DOLLARS
.2
.4
24
^1
17
15
1
9
(2)
4
(2)
24
0)
13
0)
0)
(2)
0)
38
0)
0)
-11
4
7
-,
12
3
1
21
1
9
3
1
12
—1
5
—2
1
1
1
i
1
39
16
2
3
36
w
3
11
(0
-3
0)
0)
18
3
3
3
C1)
C1)
10
1
2
12
4
-4
1
3
4
0)
4
-1
5
2
1
3
-3
2
9
-2
1
5
2
1
11
-1
9
1
C1)
C1)
1
6
-4
124
27
2
10
o
2
0
15
21
11
1
22
2
162
1
13
-16
63
2
27
6
4
-10
2
4
13
-9
7
6
13
(2)
1
5
14
3
3
3
117
1
-4
-18
4
5
19
322
512
102 -27
1
1
1
1
9
77
26
14
3
6
3
3
1
1
2
2
10
521
2
1
75
42
3
2
7
5
2
2
-4
0°
C1)
7
27
17
28
387 3 -18
-1
-31
1
7
-20
7
11
31
5
C1)
-17
0)
-1
2
^8
-42
3
4
7
0)
0)
-19
0)
1
6
o12
C)
0)
10
2
'4
(2)
1
-3
374 3-25
1
0)
1
1
1
(2)
OEEC dependencies _ _ _ _ _
lions Kong
Malaya
Dependencies in Africa _
Other-
I960
1950 1951
140
Italy
Netherlands
Switzerland
Turkey
Other
1949
1950 1951
Total
119
All countries
OEEC countries . United Kingdom
Belgium
Denmark
France
Germany
1948
Other
1951
ADDITIONS TO INVESTMENTS
1947
Petroleum
1950
Mexico
_
Panama
Peru _.
Uruguay
Venezuela
Other
..
UNDISTRIBUTED PROFITS
Mining and
smelting
-1
59
7
—3
1
1
1
2
Included in other industry column.
Less than $500,000.
3 Includes ship sales to United States-controlled Panamanian operators amounting to $81
million
in 1950 and $1 million in 1951.
4
Includes Iran, Iraq, Israel, Jordan, Lebanon, Oman, Saudi Arabia, Syria, Trucial Oman,
and Yemen; excludes Bahrein and Kuwait.
s Consists almost entirely of ship sales to United States-controlled Libcrian operators.
NOTE.—The sum of the individual country entries in certain industries will not equal the
area totals for those industries because it has been necessary to combine country detail under
"other" industries in some cases to avoid showing figures for a single company.
Source: U. S. Department of Commerce, Office of Business Economics.
CANADA
LATIN AMERICA
EUROPE
ALL
OTHER
in the latter there were larger investments in manufacturing
and distribution.
The lack of investment in Argentina reflects a prolonged
lack of incentive due to various government actions; on the
other hand the low rate of investment in Venezuela in 1950
and 1951 was rather a reflection of the maturity of petroleum
investments while investments in other fields are just beginning and are still to come on a large scale. The data for
Panama are almost entirely related to international shipping
and tanker companies which have only a limited connection
with the economy of that country. There was a sizeable
inflow from public utilities in Latin America in 1951 when
a railroad investment in Mexico was liquidated.
Investments outside of the Western Hemisphere were not
large in 1951, with the continued development of petroleum
refining capacity in Western Europe and the Far East as
perhaps the most significant activity. Additions to maiiu-
Two-thirds went into the Petroleum and
Manufacturing Industries
MANUFACTURING
PETROLEUM
MINING AND SMELTING
ALL OTHER
U- 5. DEPARTMENT
OF COMMERCE. OFFICE
219565°—52—2
OF BUSINESS
ECONOMICS
52-134
(Continued on page 15)
By Allen E. Turner -fr-
Debt Changes in 1951
A
$33 BILLION rise in net public and private debt
during 1951 carried the total to $519 billion at the end of the
year. This increase, both relatively and in absolute amount,
was less than in 1950 but larger than in any other nonwar
year. Debt expansion centered in the private sector of the
economy, accompanying a general growth in economic
activity arid a record volume of business and individual
investment.
Aggregate private indebtedness of $277 billion on December 31, 1951, was $31 billion—12 percent—above the total
a year earlier. Federal Government net debt remained
virtually unchanged for the second successive year, while
State and local governments added $2^ billion to net outstandings.
rapid growth in private debt during 1951. In the absence
of such data, information on changes in selected major
assets will serve to put changes in indebtedness into better
perspective. In comparison with a private debt advance of
$31 billion, individuals and businesses added $8 billion to
their holdings of cash, deposits, and U. S. Government
Corporate Liabilities and Nonfarm
Mortgages led Debt Expansion in 1951
-5
Change, 1950 to 1951 (Billions of Dollars)
0
5
10
15
20
25
30
35
TOTAL NET DEBT
Increased Private Obligations
dominated the Debt change
following both world wars
TOTAL PRIVATE
CORPORATE SHORT-TERM
BILLIONS OF DOLLARS
600
NONFARM MORTGAGE
CORPORATE LONG-TERM
NONCORPORATE COMMERCIAL
(NONFARM), FINANCIAL AND
CONSUMER
500
FARM PRODUCTION
FARM MORTGAGE
400
TOTAL PUBLIC
300
STATE AND LOCAL
TOTAL PUBLIC
AND PRIVATE
FEDERAL GOVERNMENT
AND FEDERAL AGENCY
200
PUBLIC,
PRIVATE,
't, UUKrUKAl£v
CORPORATE*
^nr.ir;—-1
100
1916
20
25
30
35
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
j
s^
•
"i—'^..••""
40
U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
50
52-136
As a result of the substantial growth in private debt, the
proportion of total debt represented by private obligations
increased to 53 percent at the end of 1951. This compares
with 51 percent in 1950 and with the wartime low of 35
percent in 1945.
Complete balance sheet data for the various sectors of the
economy would permit more thoroughgoing analysis of the
NOTE.—MR. TURNER IS A MEMBER OF THE NATIONAL INCOME DIVISION, OFFICE OF BUSINESS ECONOMICS.
10
52-135
securities, and made gross acquisitions of $58 billion in new
homes, plant, productive equipment, and additional business
inventories.
There was a general tendency toward higher interest rates
on new debt incurred during 1951, although not sufficient to
cause an appreciable change in the computed average interest
rate on aggregate debt. The effect of rising interest rates on
the computed average rate was dampened mainly because
obligations carried over from prior years form the major part
of debt outstanding. Shifts in the debt structure toward
lower- or non-interest-bearing debt, such as the larger proportion of Federal Government debt in shorter-term securities
and the increase in business liabilities for Federal income
taxes and trade payables, also have been contributing factors.
The ratio of gross monetary interest payable to gross public
and private debt is roughly half of that effective in 1929.
An aggregate debt over 2% times as large is thus carried by
interest payments only one-third larger.
SUKVEY OF CUEEENT BUSINESS
September 1952
The monetary, credit, price-wage, and material allocation
policies in force throughout 1951 were instrumental in limiting the growth of private debt. Important among the
restraints on credit extension were the ceilings on real estate
and consumer credit under Eegulations X and W; the
sharply increased margin requirements on stock-collateral
loans under Eegulations T and U; and the Treasury-Federal
Reserve accord which unpegged government security prices
and allowed interest rates to rise. The Voluntary Credit
Eestraints Program, a new instrument of selective credit
control participated in by private lending institutions, was
another factor in restraining credit expansion.
11
one-half of total private debt expansion in 1951. Most of
the remaining increase was accounted for by nonfarm mortgages and long-term corporate debt. The latter component
and farm production credit (excluding price support loans)
were noteworthy in that they registered relative increases
above those recorded in 1950. Most other significant components of private indebtedness showed smaller expansion.
Eetardation as compared with 1950 was especially marked
for consumer debt.
Federal net debt remains stable
Improved supplies of critical materials, the scaling down
of defense schedules, and softness of consumer spending after
the post-Korean buying boom were major factors leading to
the relaxation of the mortgage credit controls in September
1951 and June 1952 and to the relaxation of Eegulation W
in July 1951 and its suspension in May of this year. Authority to continue real estate construction credit was provided
by the Defense Production Act Amendments of 1952, but,
for residential credit, is made contingent upon the number
of new dwelling units started. If the number of units
started falls below 100,000 (seasonally adjusted) in three
successive months, regulation is effectively discontinued
until starts again exceed 100,000 for each of three successive
months. The Voluntary Credit Eestraints Program was
discontinued in June 1952.
Available data indicate that private debt has continued to
expand through the first half of this year, but at a lesser rate
than in 1951. Despite the impact of the relaxation or suspension of credit controls, it is probable that this will also be
true of the year as a whole.
At the end of December 1951, and for the third successive
year, Federal Government and agency net debt totaled $219
billion. The $4 billion expansion in gross Federal debt was
accounted for by increased holdings of Federal debt within
the Government (mainly special issues held by Federal
agencies and trust accounts).
While the amount of Federal securities held by the public
did not change materially during 1950 and 1951, the rapidly
rising volume of private debt financing influenced the
market for Federal securities and the composition of the
Federal debt. The upsurge in private demand for funds led
to a substantial liquidation of Federal security holdings in
institutional investment accounts during 1950 and early 1951
and to a diminished demand for new issues of long-term
governments.
The bulk of new security offerings by the Treasury in 1950,
1951, and the first six months of 1952 consisted of short-term
issues designed to draw off the liquid funds accumulated by
banks, corporations and others. The proportion of Federal
debt in short-term securities has thus risen. In this manner
the tendency toward a mounting average effective interest
rate on the public debt has been dampened.
Corporate liabilities again lead debt rise
State and local government debt expands
As pictured in the accompanying chart the $14% billion
increase in corporate short-term liabilities represented almost
In continuation of the postwar uptrend, the $2}£ billion
increase in State and local government net debt in fiscal year
Relaxation of credit restraints
Tables 1 and 2.—Public and Private Debt (Net and Gross), End of Calendar Year, 1945-51 1
[Billions of dollars]
Private
Public
End of year
Public and
private,
total
Individual and noncorporate
Corporate
Total
Federal
State and
local
Total
Mortgage
Total
Long-term
Short-term
N onmortgage
Total
Farm
Nonfarm
2
Farm 3
N onfarm *
Table 1.—Net Public and Private Debt
1945
1946
1947
1948
.
1949
1950
1951
407.3
398.8
419.5
435.3
266.5
243 3
237.7
232.7
252.7
229 7
223.3
216 5
13.7
13 6
14.4
16 2
155. 5
181.8
202 6
85.3
93.5
108.9
117.8
38.3
41.3
46.1
52.5
47.0
52.2
62.8
65.3
55.5
62.0
72.9
84.8
4.7
4.8
4.9
5.1
33. 6
40.1
46.6
2.5
2.8
3.5
5.5
20 5
20 9
24.4
27 7
446.7
485.8
519 2
236.7
239.4
242 0
218.6
218.7
218 7
18.1
20 7
23 3
210.0
246 4
277 2
115.8
136.4
155 8
56.5
59.8
64 8
59.3
76.6
91 0
94.2
110.0
121.4
5.4
5.8
6.3
51.9
61. 1
69.5
6.4
6.1
7.0
30.5
36 9
38 7
140.8
27.9
Table 2.—Gross Public and Private Debt
1945
1946
1947
1948
. .
..
1949
1950
1951
464.2
459.4
487 7
500 2
309 2
288.1
286 6
276 7
292 6
272 1
269 8
258 0
16 6
15 9
16 8
18 7
155 0
171 3
201 1
223 5
99 5
109 3
128 2
138 7
45 3
48 4
55 0
62 8
54 2
60.9
73 2
75 9
55.5
62.0
72 9
84 8
4.7
4.8
49
51
27.9
33.6
40 1
46 6
2.5
2.8
35
55
20 5
20.9
24 4
27 7
518.0
561 1
601 6
287 0
290 6
297 4
266 1
266 4
270 3
20 9
24 2
27 0
231 0
270 5
304 2
136 8
160 5
182 8
67 7
71 7
77 8
69 1
88 8
105 0
94 2
118 0
121 4
54
58
63
51 9
61 1
69 5
64
61
70
30 5
36 9
38 7
1 Data for State and local governments are for June 30 of each year. Components will
not2 necessarily add to totals because of rounding.
Data are for noncorporate borrowers only. (See table 6.)
3
Comprises non real-estate farm debt contracted for productive purposes and owed to
institutional lenders (includes C. C. C. loans.)
* Comprises debt incurred for commercial (nonfarm), financial and consumer purposes,
including debt owed by farmers for financial and consumer purposes.
Sources: U. S. Department of Agriculture, Bureau of Agricultural Economics; U. S
Department of Commerce, Bureau of the Census and Office of Business Economics.
SUKVEY OF CUREENT BUSINESS
12
1951 advanced State indebtedness almost one-fourth and
carried local government debt one-tenth above 1950 levels.
Although State government revenues increased more than
did expenditures in fiscal year 1951, about two-thirds of the
States incurred deficits. Long-deferred capital expenditure
programs and increased aid to local governments necessitated
debt additions of nearly $1 billion during the year.
Every level of local government contributed to the debt
rise of over $1% billion in 1951. School districts led the
expansion for the fifth successive year, adding 20 percent to
their outstanding obligations. Increasing school population
has overtaxed present classroom facilities in most localities
September 1952
and necessitated heavy investment in construction programs
at a time when costs have undergone a sharp rise. County
debt rose 10 percent in 1951, indebtedness of cities and
townships was up 8 percent and special district debt increased 7 percent.
In order to increase the revenues of local governments,
States have granted local units the authority to levy additional or higher taxes and have authorized new tax bases and
licensing powers. Local government participation in certain
State taxes has also been expanded and new tax revenues
earmarked for local use. Legal debt limits have been
raised in a few instances.
Table 3.—Gross and Net Federal Government Debt, End of Calendar Year, 1945-51
[Millions of dollars]
Gross debt
Duplicating debt
Federal Government
End of year
Federal
Government and
Federal
agency,
total
Interest bearing
Total
Total
Public
issues
Special
issues
Federal
GovernFederal2 ment and
Nonagency
Federal
interest
agency,
bearing 1
total
Federal
Government
securities
held by
Federal
agencies
and trust
funds
Net debt
Federal agency securities 3
Total
Held by
U.S.
Treasury
Held in
Federal
trust
funds
Federal
Governand
Held by ment
Federal
other
agency,
Federal
total
agencies
Federal
Government
Federal
agency
1945 _
1946
1947
1948
292, 599
272, 147
269, 753
257, 994
278, 114
259, 149
256, 900
252, 800
275, 693
257, 649
254, 205
250, 580
255, 693
233, 064
225, 250
218, 866
20, 000
24, 585
28, 955
31, 714
2,421
1,500
2,695
2,220
14, 485
12, 998
12, 853
5,194
39, 857
42, 398
46, 435
41, 510
27, 041
30, 913
34, 352
37, 317
12, 816
11, 485
12, 083
4,193
11, 775
10, 693
11, 840
3,953
(*)
(4)
(44)
()
1,041
792
243
240
252,
229,
223,
216,
742
749
318
484
251, 073
228, 236
222, 548
215, 483
1,669
1,513
770
1,001
1949
1950
1951
1952 (June 30)
266, 067
266, 415
270, 341
(5)
257, 130
256, 708
259, 419
259, 105
255,
254,
257,
256,
221, 123
220, 576
221, 168
219, 124
33, 896
33, 707
35, 902
37, 739
2,111
2,425
2,349
2,242
8,937
9,707
10, 922
(5)
47, 483
47, 713
51, 678
(5)
39, 346
39, 197
42, 281
44, 335
8,137
8,516
9,397
(3)
7,304
8,470
9,331
9,636
(44)
(4)
(5)
()
833
46
66
(5)
218, 584
218, 702
218, 663
(5)
217, 784
217, 511
217, 138
214, 770
800
1,191
1,525
(5)
019
283
070
863
1
2
Includes matured debt on which interest has ceased.
Bonds, debentures, and notes payable, including securities held by the U. S. Treasury.
3 Bonds, debentures, and notes payable.
New State and local government debt was limited to some
extent in 1951 by the action of Voluntary Credit Restraint
Committees and Federal Government allocations of critical
materials. State and local flotations came under the review
of such Committees and were approved or disapproved on the
basis of the inflationary potential and defense needs. Most
governmental authorities cooperated despite a reluctance to
abandon even temporarily much needed capital improvements. Restrictions placed on critical materials also curtailed planned capital outlays, particularly in connection
with highway maintenance and development. Committee
review of State and local government projects was discontinued at the end of March 1952.
4
6
Less than $500,000.
Not available.
T ™«mnr r>P.n a rtm«TH:
Corporate debt increase
Corporate investment in plant and equipment expanded
steadily through 1951. Outlays were $22 billion for the year
as a whole and were scheduled to increase somewhat in
1952. Inventories at book value rose $10 billion in 1951
but the rate of growth declined in the second half of the
year, and a small reduction occurred in the first half of 1952.
The Federal Government encouraged defense-connected
investment through accelerated amortization for tax purposes
and through the guarantee of loans for working capital
purposes by the interested Government procurement
agencies.
Table 4.—Gross and Net State and Local Government Debt, June 30, 1945-51
[Millions of dollars]
Duplicating debt 2
Gross debt
Local
End of fiscal year
and
local,
total i
1945
1946
1947
1948
1949
1950 3
1951 3
16, 589
15, 922
16, 825
18, 702
20, 875
24, 191
27, 040
State
Total
2,425
2, 358
2,978
3,722
4,024
5,361
6,373
14, 164
13, 564
13, 847
14, 980
16, 851
18, 830
20, 667
City and School
disCounty township
trict
1,545
1,417
1,481
1,408
1,603
1,707
1,875
8,589
8,267
8,275
9,135
9,806
11, 247
12, 132
1,363
1,283
1,355
1,560
2,147
2,710
3,257
Special
district
2,667
2,597
2,736
2,877
3,295
3,166
3,403
1
Includes State loans to local units.
2 Comprises State and local government securities held by State and local governments,
s Data for 1950 and 1951 are not strictly comparable with 1949 and earlier years. (See "Governmental debt in 1951," Bureau of the Census, December 1951.)
Local
State
State
State
and
local,
total
2,864
2,349
2,428
2,476
2,726
3,468
3,693
4
Total
1,046
754
804
851
970
1,398
1,482
Net debt
Sinking
funds
Trust,
etc.,
funds
175
141
144
154
151
(44)
()
871
613
660
697
819
(44)
()
Total
1,818
1,595
1,624
1,625
1,756
2,070
2,211
Sinking
funds
Trust,
etc.,
funds
960
869
860
847
868
985
(4)
858
726
764
778
888
1,085
(4)
State
and
local,
total
13, 725
13, 573
14, 397
16, 226
18, 149
20, 723
23, 347
State
1,379
1,604
2,174
2,871
3,054
3,963
4,891
Local
12, 346
11, 969
12, 223
13, 355
15, 095
16, 760
18, 456
Not available.
Source: U. S. Department of Commerce, Bureau of the Census and Office of Business
Economics.
SURVEY OF CUEEENT BUSINESS
September 1952
13
Table 5.—Gross and Net Corporate Debt, End of Calendar Year, 1945-51
[Millions of dollars]
All corporations
Short-term *
End of year
Total
Longterm !
Total
Nonrail way corpora tions
Railway corporations
Notes
and
accounts
payable
£ hort-term l
Short-term 1
Total
Longterm *
Other
Total
Notes
and
accounts
payable
Total
Longterm !
Other
Total
Notes
and
accounts
payable
Other
Gross Corporate Debt
1945
1946
1947
1948
99, 523
109, 292
128, 157
138, 738
45, 321
48, 435
54, 988
62, 808
54, 202
60, 857
73, 169
75, 930
25, 718
31,667
37, 676
39, 349
28, 484
29, 190
35, 493
36, 581
15,411
13,714
14, 173
13, 995
11, 874
10, 877
11,169
11,124
3,537
2,837
3,004
2,871
881
799
904
872
2,656
2,038
2,100
1,999
84, 112
95, 578
113, 984
124, 743
33, 447
37, 558
43, 819
51, 684
50, 665
58, 020
70, 165
73,059
24, 837
30, 868
36, 772
38, 477
25, 828
27, 152
33, 393
34, 582
1949
1950
1951
136, 822
160, 506
182, 807
67, 720
71, 697
77, 805
69, 102
88, 809
105, 002
35, 633
44, 507
52,518
33, 469
44, 302
52, 484
13, 710
14, 280
14, 843
11, 244
11,264
11, 654
2,466
3, 016
3,189
769
915
1,011
1,697
2,101
2,178
123, 112
146. 226
167, 964
56, 476
60, 433
66', 151
66, 636
85, 793
101, 813
34. 864
43, 592
51, 507
31, 772
42, 201
50, 306
Duplicating Corporate Debt
1945
1946
1947
1948
.
1949
1950
1951
14, 231
15, 754
19, 275
20, 975
6,999
7,092
8,902
10, 322
7,232
8,662
10, 373
10, 653
4,264
5,256
6,247
6,535
2,968
3,406
4,126
4,118
1, 485
807
1,499
1,496
1,099
467
1,172
1,205
386
340
327
291
124
111
126
121
262
229
201
170
12, 746
14, 947
17, 776
19, 479
5,900
6,625
7,730
9,117
6,846
8,322
10, 046
10, 362
4,140
5,145
6,121
6,414
2,706
3,177
3,925
3,948
21,023
24, 089
27, 002
11, 186
11,926
12, 981
9,837
12, 163
14, 021
5,919
7,394
8,663
3,918
4,769
5,358
1,486
1,561
1,629
1,224
1, 266
1,312
262
295
317
107
127
140
155
168
177
19, 537
22, 528
25, 373
9,962
10, 660
11.669
9,575
11,868
13, 704
5,812
7,267
8,523
3, 763
4,601
5,181
Net Corporate Debt
1945
1946
1947
1948
1949
1950
1951
-
--
-
85, 292
93, 538
108, 882
117, 763
38, 322
41, 343
46, 086
52, 486
46, 970
52, 195
62, 796
65, 277
21,454
26, 411
31,429
32, 814
25, 516
25, 784
31,367
32, 463
13, 926
12, 907
12, 674
12, 499
10, 775
10, 410
9,997
9,919
3,151
2,497
2,677
2,580
757
688
778
751
2,394
1,809
1,899
1,829
71,366
80, 631
96, 208
105, 264
27, 547
30, 933
36, 089
42, 567
43, 819
49, 698
60, 119
62, 697
20,697
25, 723
30, 651
32, 063
23, 122
23, 975
29, 468
30, 634
115, 799
136, 417
155, 805
56, 534
59, 771
64, 824
59. 265
76, 646
90, 981
29, 714
37,113
43, 855
29, 551
39, 533
47, 126
12, 224
12,719
13, 214
10, 020
9,998
10, 342
2,204
2,721
2,872
662
788
871
1,542
1,933
2,001
103, 575
123, 698
142, 591
46, 514
49, 773
54, 482
57, 061
73, 925
88, 109
29, 052
36, 325
42, 984
28, 009
37, 600
45, 125
i Long-term debt is defined as having an original maturity of 1 year or more from date of
issue; short-term debt as having an original maturity of less than 1 year.
Sources: U. S. Treasury Department, Bureau of Internal Revenue; Interstate Commerce
Commission; U. S. Department of Commerce, Office of Business Economics.
The record volume of investment in fixed and working
capital during 1951 was accompanied by large-scale external
borrowing. A $19^ billion expansion carried net corporate
indebtedness to $156 billion at the end of 1951, 14 percent
above the 1950 level. This advance was only slightly below
that of 1950 and well above that registered in any prior
year.
A substantial part of the 1951 expansion of $5 billion in
net corporate long-term debt was in the form of bonded indebtedness. Over $5^ billion in bonds were offered during
1951 to raise new capital and for refinancing purposes, the
largest amount floated since 1948. Bond offerings of $2.3
billion in the manufacturing sector were 2% times offerings
in 1950 and communications industry flotations were up
one-half. Electric and gas utility offerings were down
slightly and the remaining industry sectors made smaller
offerings than in 1950.
Corporate short-term debt expanded one-fifth in 1951,
reaching $91 billion at the year's end. Notes and accounts
payable were up nearly $7 billion, with half this expansion
accounted for by short-term bank loans. Increased Federal
income tax liabilities were the main factor in the 19 percent
rise in other short-term liabilities.
Despite these large additions to debt in the past two years,
the financial position of corporations in the aggregate is
relatively favorable. Liquidity indexes such as the ratio of
cash and U. S. Government securities to sales or to current
liabilities fell off in 1950 and 1951, but remained above prewar levels. The major internal sources of funds for business
investment—retained profits and depreciation reserves—were
higher than in other postwar years except 1948 and 1950.
ing against noncorporate borrowers. The postwar rise in
mortgage debt was thus continued, but at less than the 1950
rate of increase. Four-fifths of the $8% billion advance in
1951 occurred in residential one- to four-family mortgages.
Housing construction activity was intensive into the early
months of 1951, primarily the result of heavy pre-Regulation
X commitments outstanding at the end of 1950 and work
progression on the large number of new housing units which
had been started in anticipation of such regulation. As the
year progressed, the impact of credit and material restrictions
was felt in the real estate market. New residential construction activity on a seasonally adjusted basis declined 17 percent from January to December.
Total mortgage portfolio holdings of major institutional
lenders expanded 15 percent in 1951, in comparison with an
increase of 21 percent in 1950. In recent years life insurance
companies have been the most important source of mortgage
credit. Their mortgage holdings expanded one-fifth, as net
additions for the second successive year exceeded $3 billion.
Savings and loan associations added $1.8 billion to mortgage
portfolios in 1951, mutual banks $1.7 billion, and commercial
banks $1.0 billion. In each case the percentage increase was
less than in 1950, and for savings and loan associations and
commercial banks, the dollar increase was less also.
Nojifarm mortgage debt continues upivard
Nonfarm mortgage debt rose 14 percent during 1951; at
the
end of the year a total of almost $70 billion was outstand
Farm debt continues postwar climb
Total farm debt amounted to $13.3 billion at the end of
1951, mounting 11 percent during the year. Two-thirds of
the rise occurred in farm production loans and one-third in
farm mortgage debt. As in other postwar years, the farm
debt rise was attributable to increased costs of farm operation and heavy purchases at higher prices of farms, livestock,
motor vehicles, and materials and equipment for farm
improvement.
SURVEY OF CURRENT BUSINESS
14
The postwar expansion in farm mortgage debt continued
through 1951, outstanding indebtedness increasing 8 percent
to total $6.3 billion at the end of the year. A major factor
in the advance was the increased size of new borrowings—the
average size of farm mortgage recordings rose from $4,700 in
1950 to $5,350 in 1951. The debt rise slowed after the first
half of 1951, with the number and dollar amount of mortgage
recordings down from 1950 levels in the last 6 months of the
year. The farm mortgage market tightened generally in
1951.
September 1952
A total of $7 billion in production credit was outstanding
against farmers and farmers'cooperatives at the close of 1951.
This series measures the credit extended to farmers and farm
cooperatives by commercial banks and Federally sponsored
farm agencies, and includes price support loans made or
guaranteed by the Commodity Credit Corporation.
Price support loans dropped $150 million in 1951, a reflection of higher crop prices. Excluding price support loans,
farm production credit expanded from $5.2 billion in 1950 to
$6.2 billion at the end of 1951—a rise of one-fifth.
Table 6.—Nonfarm Mortgage Debt by Borrowing and Lending Groups, by Type of Property, End of Calendar Year, 1945—51 1
[Millions of dollars]
Residential and commercial
End of year
NoncorCorpoporate
rate borrowers 2 borrowers
Total
1945
1946
1947
1948
1949
1950
1951 »
_ _
1-4 family residential
Total
Multifamily residential and commercial
Savings
and loan
associations
Life insurance
carriers
Mutual
savings
banks
Commercial
banks
HOLC
Individuals
and
others
Total
Life insurance
carriers
Mutual
savings
banks
Commercial
banks
Individuals
and
others
31, 684
37, 974
45, 248
52, 419
3,830
4,422
5,135
5,847
27, 854
33, 552
40, 113
46, 572
19, 653
24, 452
29, 880
35, 131
5,376
7,140
8,856
10, 305
2,258
2,570
3,459
4,925
1,894
2,033
2,237
2,742
2,873
4,573
6,292
7,380
852
636
486
369
6,400
7,500
8,550
9,410
12, 031
13, 522
15,368
17, 288
3,602
3,790
4,321
4,918
2,306
2,399
2,591
3,031
1,378
1,960
2,331
2,639
4,745
5,373
6,125
6,700
58, 379
68, 518
77, 795
6,515
7,452
8,327
51, 864
61, 066
69, 468
39, 108
46, 941
54, 017
11,616
13, 725
15, 515
5,970
8,392
10, 814
3,190
3,850
4,638
7,941
9,464
10, 350
231
10
10, 160
11, 500
12, 700
19, 271
21, 577
23, 778
5,798
6,378
7,169
3,478
4,368
5,231
2,795
3,231
3,378
7,200
7,600
8,000
v1 Preliminary.
The data represent mortgage loans on commercial and residential property, and exclude
real estate mortgage bonds. Multifamily and commercial property mortgages owed by
corporations
and held by other nonfliiancial corporations are also excluded.
2
The corporate mortgage debt total is included in the total corporate long-term debt outstanding, table 5.
Sources: Federal Savings and Loan Insurance Corporation; U. S. Department of Commerce, Office of Business Economics.
The increase in total farm debt during 1951 was accomanied by a proportionate increase in farm assets. Farmers'
quidity, in terms of the relationship of cash, deposits and
United States savings bonds to production debt, remained
at a ratio of about 4^ to 1. Forced mortgage liquidations
by foreclosures or involuntary sale were again few and no
widespread difficulties in repayment of production debt
were reported.
represents bank commercial and industrial loans to noncorporate businesses, overdrafts, and loans to institutional
borrowers. The dampened expansion in 1951 was primarily
the reflection of smaller additions to inventory holdings and
the impact of restrictive credit policies.
E
Noncorporate commercial debt increases
Noncorporate commercial debt rose 14 percent in 1951—
about one-half th e rate of in crease recorded in 19 50. Amounting to $11.3 billion at the close of 1951, this debt category
Security loans down
Loans to purchase or carry securities contracted during
1951, amounted to $4.1 billion at the close of the year. A
9 percent decline under buoyant market conditions was
largely due to the stiffened margin requirements in force for
most of the year.
Loans by banks on stock collateral and extension of credit
Table 7.—Individual and Noncorporate Debt, End of Calendar Year, 1945-51
[Millions of dollars]
Farm
End of year
Farm and
nonfarm
total
Nonfarm
Nonfarm mortgage
promort- Farm
duction
Total farm Farm
gage i
loans 2
Total nonfarm
Total
1945
1946
1947
1948
1949
1950
1951
55, 502
61, 995
72, 891
84, 841
94, 206
109, 958
121, 395
7,172
7,532
8,428
10, 613
11, 856
11, 977
13, 267
4,682
4,777
4,882
5,108
5,407
5,828
6,300
2,490
2,755
3,546
5, 505
6,449
6,149
6,967
1 Includes regular mortgages, purchase-money mortgages, and sales contracts.
2 Includes agricultural loans to farmers and farmers' cooperatives by institutional lenders;
farmers'
financial and consumer debt is included under the '-nonfarm" categories.
3
Comprises debt owed to banks for purchasing or carrying securities, customers' debt to
brokers, and debt owed to life insurance companies by policyholders.
48, 330
54, 463
64, 463
74, 228
82, 350
97, 981
108, 128
27, 854
33, 552
40, 113
46, 572
51, 864
61, 066
69, 468
1-4 family
18, 670
23, 229
28, 381
33, 374
37, 153
44, 594
51,316
Other
Multifamily and
commercial
9,184
10, 323
11, 732
13, 198
14, 711
16, 472
18, 152
Total
20, 476
20, 911
24, 350
27, 656
30, 486
36, 915
38, 660
Commercial (nonfarm)
Financial 3
4,437
6,273
7,603
8,087
7,632
9,882
11, 291
10, 412
5, 961
4,885
5,203
6,045
6,936
6,725
Consumer
5,627
8,677
11, 862
14, 366
16, 809
20, 097
20, 644
Sources: U. S. Department of Agriculture, Bureau of Agricultural Economics; Board of
Governors of the Federal Eeserve System; U. S. Department of Commerce, Office of Business
Economics.
SURVEY OF CURRENT BUSINESS
September 1952
by brokers and dealers are controlled by the Board of Governors of the Federal Eeserve System under Regulations U
and T. A margin requirement of 50 percent was in force
throughout 1950, but was raised to 75 percent in January
1951.
The amount of policy and collateral loans by insurance
companies is classified under financial debt in table 7. These
loans totaled $2.6 billion at the end of 1951, 7 percent above
outstandings of $2.4 billion at the beginning of the year.
This growth in net borrowings reflected the long-run increase
in the ownership of life insurance policies and expanded cash
values accumulated back of these policies. The ratio of
policy loans to reserves held at 4 percent from 1946 through
1951 and may be compared with 17 percent in the early 1930's.
15
expansion stemmed from an 8 percent rise in single payment
loan and charge account debt and a 4 percent advance in
service credit. Installment debt gained fractionally, a 7
percent rise in installment loans being largely offset by a 5
percent decline in installment sales credit. There was a
marked shift toward longer maturities and smaller downpayments in the installment sales field following easing of the
regulation in July 1951, but no marked advance in outstanding credit.
Regulation W was suspended in May of this year. On
June 30, 1952, consumer credit amounted to $21 billion, $300
million above the total six months earlier, but $1.2 billion
above the April 1952 total. This sharp rise was centered in
installment credit.
Consumer debt edges upward
Technical Note
Consumer debt was held to a 3 percent rise in 1951, the
total reaching $20.6 billion at the end of December. A major
factor limiting the rise in consumer credit in 1951 was the
slackening of the post-Korean buying wave for durable goods
after the first quarter of the year. Control of installment
credit by the Board of Governors of the Federal Reserve
System under Regulation W was in effect throughout the
year, although it was softened in July 1951. The moderate
increase in consumer credit was in marked contrast to the
one-fifth rise which occurred in 1950.
The bulk of the 1951 consumer debt rise was centered in
the noninstallment debt sector, where an aggregate 7 percent
The concepts employed in this study were fully discussed in the article published in the
October 1950 issue of the SURVEY, page 13. The adjustments for duplication are self-explanatory in tables 3 and 4; duplicating corporate debt (table 5) is confined to debt owed to other
members of an affiliated system. The reader is also referred to the same source for estimates
for years prior to 1945.
Estimates for 1945 through 1949 as published in the October 1950 issue have been revised
because of revisions in the Federal Savings and Loan Insurance Corporation series for mortgage debt on l-to-4-family nonfarm homes and in the Federal Reserve Board series for consumer credit outstanding. Neither of these revisions, which run back to 1929 in each instance,
have been incorporated in the present series prior to the year 1945. In the case of the F. S.
L. I. C. revision, the effect upon the debt components in tables 1 and 2 is negligible; in the
case of the F. R. B. revision, only a matter of classification in table 7 is involved (singlepayment loans of over $3,000 by commercial banks have been excluded from consumer credit
and added to unincorporated financial and commercial debt).
State and local government data for 1950 and 1951 are not strictly comparable with 1949
and earlier years because of Bureau of the Census classification changes, particularly with
respect to cities and special districts. (See "Governmental debt in 1951," Bureau of the
Census, December 1951.) Other revisions for recent years have resulted from the incorporation of additional basic data.
American Foreign Investments
in 1951 and 1952
(Continued from page 9}
facturing investments in Europe were also steadily maintained, largely as reinvested earnings. In the first half of
1952 there was a greatly increased capital outflow to countries in the Middle East, Africa, and the Far East. In some
cases this may have reflected temporary factors, such as tax
payments, but in others there are prospects for sustained
outflows, given reasonably favorable conditions abroad.
Portfolio investments maintained
Portfolio investments in 1951 and the first half of 1952
continued at an annual rate of about $350 million. This
was less than the 1950 rate, which included a large loan to
France the proceeds of which were held in the United States
by the French Government as monetary reserves, so that
there was no real capital flow to France. Most of the
remainder of the 1950 outflow consisted of purchases of
bonds payable in Canadian dollars, with the expectation that
the Canadian dollar would appreciate, yielding a speculative
profit. for In
1951, however, Canadian municipalities and
Digitized
FRASER
provinces sold $290 million of new bonds denominated in
United States dollars to carry out numerous public projects
and United States investors purchased about $150 million
of International Bank bonds. On the other hand, there
was some liquidation in 1951 of the Canadian bonds purchased in 1950.
Portfolio investments in the first half of 1952 were lower
than in the same period of 1951, but the demand for Canadian issues of stocks and dollar bonds and for the bonds of
the International Bank and Israel remained active. There
were also long-term bank credits of about $50 million, consisting primarily of commercial bank participations in a loan
to Belgium negotiated by the Export-Import Bank.
Some financing of foreign trade which is undertaken on a
short-term basis by banks and exporters takes on a longterm aspect when repayments are blocked. Thus, shortterm claims on all foreigners, i. e., claims with an original
maturity of less than one year, increased by $131 million net
in 1951 arid the first half of 1952, but claims on Brazil alone
increased by $293 million in that period.
ew or
STATISTICAL SERIES
New Series on Retail Store Sales
BEGINNING with this issue the SURVEY OF CURRENT
BUSINESS will carry a new Department of Commerce series of
retail store sales which will be substituted for the old series
published up to this time.
The new series involves a basic change in methodology
adopted by the Bureau of the Census which, starting with
1951, utilizes direct estimates of retail sales from blown up
sample data.1 The new estimates are not linked to a Census
of Retail Trade base, a factor that accounts for most of the
entire difference between the total levels of retail sales indicated by the old and new series.
The sample of establishments from whose sales reports the
new estimates are derived each month consists of about 40,000
organizations controlling and operating about 100,000
stores, each of which has been chosen with a known probability of selection. These organizations have monthly sales
which in 1951 averaged about $3.5 billion. The estimates
from this sample of reporting firms are derived essentially by
weighting the reported sales of each member of the sample by
a value dependent upon its probability of selection.
The old series which is available for the years 1929 and
1933 and by months from 1935 on, will not be continued in
the future. Based on the new procedures estimates of
monthly retail sales unadjusted for seasonal factors have been
published for several months by the Bureau of the Census.
This series cannot be carried back prior to January 1951.
In this and forthcoming issues of the SURVEY the new data on
an adjusted as well as unadjusted basis will replace the
previously published series.
To afford a proper comparison between the old arid the
new series, the shift to the new basis was held up until the old
series for the year 1951 had been revised following the
methods which had been used before in obtaining annual
levels. The revised figures for sales of retail stores by kinds
of business by months for the year 1951 are given in table 1.
These revised data are comparable with the series previously
published in the SURVEY and thus provide a continuous series
for the period 1929-51 inclusive.
The new estimates of sales of retail stores, by months for
the year 1951, are shown in table 2. There is thus available
for analytical purposes a one-year overlap of the new and old
series.
Chain store series replaced
The new method of estimating sales of retail stores does
not provide data on sales of groups of 4 or more store units
centrally owned and operated. The new data on sales
3
A detailed description of the new series and a discussion of the factors leading to the change
to the new basis is contained in a statement available upon request to the Bureau of the
Census.
16
differentiate only firms with 11 or more establishments.
Table 3 presents the final revised figures by months for the
year 1951 of sales of chain organizations on the old basis
which are directly comparable with the series previously
published for the period 1929-50.
In addition, for the year 1951 there is provided in table 4
the new estimates of sales of organizations with 11 or more
establishments giving both unadjusted and adjusted dollar
sales by months and by kinds of business. Thus for these
types of organizations also an overlap of both series is
available for the year 1951. The level of the new estimates
in table 4 differ from the old in table 3 primarily because of
the exclusion in the new series of the sales of organizations
with 4 to 10 stores.
Both for all retail stores and for multiple unit stores the
series carried forward for 1952 in the S tables are on the new
basis.
Comparison of sales levels
It will be noted that the sales levels for the year 1951 on
the old and new basis are not the same. The principal
factors accounting for differences between the two series
are described below.
In the first place the estimates hitherto prepared by the
Department of Commerce were adjusted to the universe
figures obtained in the various Census years, the latest being
for the year 1948. Thus the old estimates agree with the
Census figures for the year 1948 and for earlier Census years
and have been carried forward to the end of 1951 utilizing
the estimating methods described in the November 1943
and September 1948 issues of the SURVEY OF CURRENT
BUSINESS. It should be noted that these procedures applied
over the period between the two Census years 1939 and 1948
were quite successful in estimating totals that agreed closely
with the final 1948 Census figures.
Under cover age in census years
The various trade Censuses, however, do not measure
sales of all retail stores during the Census year but rather
the sales of stores in business at the close of the year. For
example, the 1948 Census was defined to cover only establishments in business on December 31, 1948. As a consequence
most stores which were in business in 1948 but went out of
business before the year's end were not enumerated. A post
enumeration survey of the Bureau of the Census has concluded that a net sales difference of 1.5 percent for all retail
trade may be accounted for by this cause.
SURVEY OF CUBRENT BUSINESS
September 1952
17
Table 1.—Sales of Retail Stores by Kind of Business, 1951—Old Series Revised
[Millions of dollars]
j
January j February
Kind of business
March
April
May
June
!
July
August ! Peptember
October j
Annual
total
<^»-
December
12, 986
15,009
152,975
N
Unadjustec 1
All retail stores
12,207
11,247
13, 035
Durable goods stores
4,488
4,141
2,448
2,297
151
2, 295
2. 164
131
Home furnishings group
Furniture and houscfiirnishinp's
Household appliances and radios
711
397
314
Jewelry stores
Building materials and hardware group
Lumber and building materials
Hardware
81
802
598
204
\utomotive group
Motor vehicle dealers . __ ._ _ Parts and accessories
Other durable goods stores
Nondurable goods stores . _.
446
_ _..
7,719
Apparel croup
Men's clothing and furnishings
Women's apparel and accessories. _
Family and other apparel
Shoes
!
12, 034
12,887
12,861
4, 625
4, 368
4, 699
4,618
4,158
2, 504
2, 360
144
2,258
2. 124
134
2. 433
2, 295
138
2.411 1
2.270 i
140
2,169
2.036
133
657
363
294
670
402
268
608
383
225
631
415
216
620 ;
400 i
220 ;
564
356
208
71
716
525
191
81
853
627
226
83
911
673
238
95
997
734
263
102
962 ;
715
247 ;
77
897
674
223
402
7,106
517
8,410
508
543
7, 666
8,188
8,243
739
156
310
152
121
824
178
329
172
145
806
197
296
165
148
11,778
4, 554
4, 356
4,638
4,182
4, 343
53, 170
2, 386
2,243
143
2, 232
2.099
133
2, 266
2,124
142
2.010
1,872
138
1, 904
1,750
154
27,316
25, 634
1,682
662
415
247
657
399
258
725
448
277
730
451
279
838
514
324
8, 073
4, 943
3, 130
85
943
713
230
8S
902
667
235
98
1,019
764
256
121
858
617
241
274
788
492
296
1,256
10,648
7,798
2,850
451
!
7,620
i
598
142
217
126
113
662
139
267
139
117
370
1,050
3,211
2, 584
628
734
1,399
840
219
340
634
149
246
137
102
Drug stores
Eating and drinking places
Food group
Grocery and combination
Other food
352
905
2, 866
2, 303
562
344
830
2, 736
2, 218
518
380
955
3, 135
2,549
585 ;
352
934
2,846
2,290
556
366
971
3, 057
2, 458
600
370
985
3, 155
2, 561
594
i
363
989
3, 020
2, 410
610
Gasoline service stations
General merchandise group
Department, including mail order.
Variety
_
Other general merchandise
664
1,306
840
170
296
609
1. 153
722
170
261
677 j
1,464 i
888
239
337 |
678
1, 334
819
193
322
714
1. 462
889
213
360
718 i
1,427 I
856
218
353
720
1,200
696
200
304
838
213
625
800
208
592
877
221
656 !
783
197
586
794
207
587
782 :
214
568 ;
730
190
540
Other nondurable goods stores
Liquor
All other
13, 468
523 i
788
204
294
164
126
922
191
368
199
164
12, 692
12,771
!
i
'
;
;
j
!
478
8,217
791
204 i
587 !
477
530
539
5,877
8,336
8,830
8,804
463 |
10, 666
99,805
841
170
343
179
149
923
206
378
201
138
969
235
386
216
132
1. 337
353
489
313
182
10, 043
2,320
3, 923
2, 163
1, 637
363
1.019 1
3, 160
2,546
614 i
380
1, 028
3. 141
2. 516
625
365
957
3,152
2, 550
602
495
1,003
3, 461
2,831
630
4, 500
11 . 626
36, 940
29, 816
7,124
699
1.479
906
218
355 |
737
1, 637
1,019
239
379
713
1,778
1,138
248
392
727
2, 531
1,517
480
534
8, 390
18, 170
11. 130
2,807
4, 233
775
217
558
984
347
637
870
232
638
1,112
384
728
10, 136
2,834
7,302
12, 530
12,841
12,781
12,644
SEASONALLY ADJUSTED
All retail stores
Durable goods stores
.
_.
Automotive group
Motor vehicle dealers
Parts and accessories
.
_
Home furnishings group
Furniture and housefumishirigs
Household appliances and radios
13, 613
13,404
12,770
12, 426
12, 557
12, 440
12,288
12, 681
_.
5,118
5,048
4,615
4,333
4,346
4,282
4, 091
4,278
4,304
4,378
4,234
4,140
_.
2,632
2,446
186
2. 661
2, 482
179
2,369
2, 213
156
2,167
2, 029
138
2.259
2. 131
128
2, 232
2. 110
122
2, 060
1,940
120
2,218
2,093
125
2, 219
2,083
136
2,268
2,138
130
2, 146
2,013
133
2,085
1, 956
129
839
483
356
798
453
345
700
421
279
648
402
246
596
376
220
601
378
223
606
389
217
645
405
240
652
397
255
657
410
247
679
417
262
652
412
240
111
1,010
751
259
101
978
722
256
106
949
702
247
107
926
691
235
102
890
658
232
101
867
641
226
102
870
647
223
100
847
621
226
103
830
593
237
103
861
624
237
112
816
580
236
108
804
568
236
.__ ._ .
__
Jewelry stores . _ _
Building materials and hardware group
Lumber and building materials
HardwareOther durable goods stores
526
510
491
485
499
481
456
468
500
489
481
491
8, 495
8, 356
8, 155
8, 093
8,211
8,158
8, 194
8,403
8,226
8, 463
8,547
8,504
935
219
359
201
156
856
207
324
186
139
786
173
305
177
131
800
181
318
176
125
839
189
328
182
140
800
179
318
171
132
835
205
315
177
138
838
204
321
176
137
798
177
321
168
132
841
194
333
178
136
866
201
342
186
137
849
191
339
185
134
Drug stores
Eating and drinkine places _ _ .
Food group.
Grocery and combination. _ ...
Other food
369
942
3,023
2, 436
587
380
963
3,033
2, 447
586
382
981
3,014
2, 436
368
951
3, 000
2, 419
581
369
967
3, 059
2,458
601
372
975
3. 045
2, 464
581
371
973
3. 067
2, 456
611
370
987
3. 164
2, 555
609
373
975
3, 087
2,493
594
378
966
3,078
2,471
607
376
980
3,183
2,586
597
386
966
3,187
2, 595
592
Gasoline service stations
General merchandise group... . . . , . _ .
Department including mail order
Variety...
._
Other general merchandise
723
1,663
1,068
233
362
722
1,547
977
223
347
714
1,463
893
226
344
694
1 , 454
885
227
342
080
1, 483
' 889
236
358
690
1,464
894
230
340
663
1,468
898
241
329
682
1, 530
924
248
358
684
1,486
904
234
348
705
1, 516
916
240 !
360 ;
714
1, 558
953
235
370
719
1,538
929
234
375
840
234
606
855
242
613
815
221
594
826
223
603
814
224
590
812
224
588
817
226
591
826
823
228
595
Nondurable goods stores
Apparel group
_ __
Men's clothing and furnishings
_. .
Women's apparel and accessories
Family and other apparel _ _ .
__. . _ _ _ _
Siioes
Other nondurable goods stores...
Liquor
._ All other
1
..
This series is comparable w r ith data published for the period 1929-50.
NOTE.—Due to rounding to millions, the detail does not necessarily add to the totals.
Source: lr. S. Department of Commerce, Office of Business Economics.
2195t>5°—52-
594
979
347
032
870 '.
2U
656 i
859
219
640
''
SURVEY OF CURRENT BUSINESS
18
In addition it was estimated that failure to enumerate
firms which had actually been in business on December 31,
1948, accounted for an undercoverage of about 1.3 percent
of total sales. By enlarging the concept of retail sales to
include all stores in business at any time in 1948 and by
accounting for Census undercoverage, the level of sales in
1948 has been estimated at about 3 percent above the 1948
Census total.
September 1952
To the extent, therefore, that the Census universe figures
do not account for these factors the extrapolations carried
forward in the old series from the 1948 base would also be
deficient. It will be observed that the total sales estimate on
the old basis for the year 1951 as given in table 1 amounts to
$153 billion compared with the new estimate of $158 billion
given in table 2. The difference between these totals is a
Table 2.—Sales of Retail Stores by Kind of Business, 1951—New Series
[Millions of dollars]
Kind of businessl
January
February! Marchh
April
May
June
July
i
August
1
September
October
November
December
Annual
total
Unadjusted
All retail stores 2..
12,630 !
3, 426
12, 534
13,293
13,266
12,364
13, 268
13, 103
13,858
13,391
15, 375
Durable goods stores 2...
4,616 |
4,233 !
4,623
4,456
4,782
4,727
4,288
4,734
4,495
4,746
4,235
4,543
54, 479
2,546
2,378
168
2,328 j
2,187
140 i
2,514
2, 368
146
2, 307
2,161
147
2,509
2,358
151
2,495
2, 341
154
2,244
2,099
146
2,515
2, 360
155
2, 337
2,182
155
2,363
2,190
172
2,037
1,880
157
1,961
1,778
183
28, 156
26, 282
1,874
Automotive group
Motor vehicle, other automotive dealers..
Tire, battery, accessory dealers
11,717
158,223
Furniture and appliance group
Furniture, home furnishings stores..
Household appliance, radio stores.._
749
407
342
679
368
311
677
400
277
644
395
249
667
417
250
642
408
234
607
377
230
727
458
269
709
428
280
793
466
327
789
454
334
921
515
405
8,604
5, 095
3,509
Jewelry stores
Lumber, building, hardware group
Lumber, building materials dealers..
Hardware stores
83
771
578
192
70 i
693
511 I
182 i
80
833
622
211
83
884
653
231
103
976
728
218
104
943
707
236
86
865
651
214
96
890
666
224
92
848
621
226
110
923
678
245
125
799
562
236
319
784
493
291
1,351
10, 208
7,470
2,738
8,014
7,483 |
8,803
8,078
8,512
8,538
8,075
8,534
8,608
9,111
9,156
10, 832
103, 744
911
198
371
179
163
750
173
312
136
130
838
188
340
150
160
817
207
304
148
159
664
162
253
124
126
733
167
296
136
134
887
193
358
175
162
930
217
380
190
143
989
258
385
210
137
1,380
381
512
311
176
10, 209
2, 461
4,049
2,015
1,684
Nondurable goods stores 2 _.
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
712
177
290
140
104
598 I
140 j
250 !
117 ]"
90 j
Drug and proprietary stores.
Eating and drinking
places..
Food group 2
Grocery stores
918 I
2,960 I
2,371 i
881 !
2,820 !
2,288 :
371
979
3. 242
2, 613
351
930
3, 057
2, 446
376
991
3, 1.39
2,528
377
1, 024
3, 216
2, 629
380
1,072
3, 095
2,497
382
1, 131
3, 175
2,572
370
1, 099
3, 120
2, 539
388
1,104
3,164
2, 548
372
1,031
3, 220
2,577
490
1,047
3,418
2, 736
4,547
12, 207
37, 626
30, 346
Gasoline service stations
General merchandise group
Department stores, including mail orderVariety stores
Other general merchandise stores
725 I
1,316
871
166
278
676
1,166
740
171
255
735
1,478
925
242
311
705
1, 327
848
198
281
760
1, 449
918
223
309
777
1,424
888
226
309
803
1,195
716
201
279
806
1,400
874
221
305
776
1, 468
918
221
330
787
1, 664
1,045
245
374
784
1.798
1,149
257
392
816
2, 515
1,512
486
517
9,151
18, 202
11,404
2, 859
3, 939
238
209
227
227
225
234
246
343
247
347
2,975
13,067
Other nondurable goods stores:2
Liquor stores
339 i
349 i
i
i
i
j
!
212
SEASONALLY ADJUSTED
All retail stores 2
Durable goods stores 2
Automotive group
Motor vehicle, other automotive dealers.
Tire, battery, accessory dealers
14,027
13,859 \
12,992 \
13,230 '
13,239
4,223
4,387
4,398
4,437
4,352
4,251
2,138
2,004
134
2,286
2,148
138
2,274
2,120
154
2,309
2.158
151
2,230
2,075
155
2,143
1,992
151
12,885 \
12,979 i
12,913 !
12,786
4,441 |
4,472 j
4,399 I
2,353 :
2,215 |
138 I
2,316 i
2,180 j
136 I
5,179 |
4,680
2,730 !
2,738 i
2,535 I
2,536 |
195 I
202 |
2, 405
2,238
167
5,260 !
13,074
13,162
Furniture and appliance group
Furniture, home furnishings stores
Household appliance, radio stores
872 i
487 !
385 |
839 i
465
374
731
432
299
702
426
276
650
392
258
637
398
239
655
406
249
685
419
266
699
412
287
702
417
285
727
422
305
705
419
286
Jewelry stores
Lumber, building, hardware group
Lumber, building materials dealers..
Hardware stores
114
980
727
253
106
945
696
249
111
919
681
238
112
890
660
230
109
859
639
220
107
836
619
217
113
835
622
213
112
807
590
217
113
790
564
226
116
794
570
224
121
773
548
225
117
780
554
226
8,444
8,507
8,594
8,793
8,887
899
215
354
183
147
854
205
340
172
137
809
190
320
169
130
827
207
324
161
135
850
202
335
164
149
825
194
329
160
142
850
212
331
164
143
853
212
335
164
142
837
203
338
160
136
861
209
344
167
141
875
212
349
172
142
869
200
350
179
140
Drug and proprietary stores _
Eating and drinking
places..
Food group 2
Grocery stores
360
991
3,076
2,465
371
1,015
3, 099
2,493
376
1,009
3, 097
2,494
371
973
3,138
2,528
379
997
3,115
2,503
381
1,022
3,098
2,515
378
1,019
3,140
2,525
383
1,038
3,167
2,557
381
1,033
3,128
2, 532
1,028
3,132
2,526
389
1,049
3,226
2,611
392
1,033
3,210
2,597
Gasoline service stations
General merchandising group
Department stores, including mail order.
Variety stores
Other general merchandise stores
791
1,658
1,091
228
339
781
1, 562
1,000
225
337
766
1, 474
923
229
322
732
1, 452
907
232
313
731
1,484
915
248
321
753
1,474
922
239
313
737
1,480
926
243
311
750
1, 519
946
251
322
760
1,480
919
237
324
772
1,516
934
246
336
787
1,565
975
244
346
791
1,538
946
237
355
243
253
236
234
241
238
247
250
247
338
223
225
Nondurable goods stores 2
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores,.
Family and other apparel stores
Shoe stores
Other nondurable goods stores: 2
Liquor stores
8,573
1 Titles have been changed to conform to new Census designations but group classifications in tables 1 and 2 are comparable.
2 Sales of other durable goods stores, other food stores, and other nondurable goods stores are not shown separately but are included in the totals.
NOTE.—Due to rounding to millions, the detail does not necessarily add to the totals.
Source: TI. S. Department of Commerce, Office of Business Economics and Bureau of the Census.
SURVEY OF CUREENT BUSINESS
September 1952
little over 3 percent and would therefore be in line with the
assumption that the 1948 base figure is itself on the low side.
The study of the completeness of the 1948 Census of Business pertained only to the over-all total. No estimates of
this type were made by lines of trade. It is conceivable that
considerable variation could exist in individual lines of trade.
Consequently it cannot be assumed that this 3 percent over-all
19
figure applies uniformly to all the various groups of retail
stores.
Comparison by lines of trade
The comparison of the old and new trade estimates for
1951 for the subgroups of stores yields varying results. For
Table 3.—Retail Sales of Chain Stores and Mail-Order Houses by Kind of1 Business, 1951—Old Series Revised—Firms With 4 or More Retail Stores
J 1 ,™"'
- -: —
~
~
—
:
:
:
January February
Kind of business
March
April
May
June
July
August
September
October
November
December
Annual
total
Unadjusted dollars (millions)
Total
Durable goods stores.
_.
__
__
2,499
2,342
2,876
2,577
2,812
2,857
2,541
2,772
2,828
3,023
3,026
3,847
34,000
304
273
297
295
321
322
297
329
324
355
328
380
3,825
Automotive group. _ _ .
_______
Motor vehicle dealers
Parts and accessories
78
35
43
71
33
38
79
36
43
72
32
40
79
35
44
85
34
51
80
31
49
89
34
55
79
32
47
81
32
49
75
28
47
96
27
69
964
389
575
Home furnishings group _
Furniture and house furnishings.
Household appliances and radios
98
41
57
93
39
54
93
44
49
82
40
41
84
45
40
85
45
40
77
39
38
92
47
45
94
47
47
106
55
51
107
56
51
130
71
59
1,141
569
572
9
119
88
8
102
75
9
116
83
9
133
96
11
146
104
11
141
103
8
132
99
9
138
104
10
142
106
11
158
121
13
132
96
30
123
72
138
1,582
1,147
2,195
2,068
2,579
2,282
2,492
2,535
2,244
2,443
2,504
2,668
2,697
3,468
30, 175
183
28
70
37
49
162
21
66
32
42
277
32
113
53
78
201
25
84
39
54
240
27
100
45
68
237
28
94
45
70
175
19
72
33
51
186
18
80
35
53
237
26
99
45
68
246
31
104
49
62
252
35
105
51
60
367
52
150
75
90
2,763
342
1,137
539
745
71
63
1,000
893
107
71
57
969
871
98
76
64
1,134
1,023
111
69
63
1,008
903
106
71
66
1,087
973
114
73
64
1,130
1,017
113
73
67
1,022
906
116
74
68
1,074
954
119
72
66
1,072
956
117
77
68
1,089
970
118
73
64
1,106
992
114
105
69
1,230
1,111
119
905
779
12, 921
11,569
1,352
Jewelry stores
Building materials and hardware group 2 _ _ ._
Lumber and building materials
Nondurable goods stores
Apparel group
Men's clothing and furnishings
Women's apparel and accessories
Family and other apparel
Shoes _ _ _
Drugstores
_ ___
Eating and drinking places
Food group
Grocery and combination
Other-food
Gasoline service stations
_ - . .. _
General merchandise group 2
Department, dry goods, and general merchandise
Mail-order (catalog)
__ _
Variety
48
648
44
591
49
788
49
719
52
800
52
805
52
694
53
815
51
833
54
907
52
959
53
1,391
609
9,950
386
107
141
348
90
141
473
102
198
452
93
159
511
96
177
517
90
181
438
76
165
516
101
181
536
100
181
567
125
198
585
152
206
820
152
398
6,149
1,284
2,326
Other retail stores
182
174
191
172
176
174
161
173
173
228
191
253
2,248
Seasonally adjusted index—average daily sales (1935-39=100)
Total
.
_
_.
392.7
382.8
370.2
364.0
372.8
370.5
374.5
383.9
375.6
384.3
386.8
389.8
378.8
478.3
456.0
408.8
389.8
376.3
377.1
370.0
379.9
385.0
389.9
395.6
389.4
396.7
Automotive group
Motor vehicle dealers
Parts and accessories
318.7
281.8
345.8
300.8
286.1
311.5
263.8
255.2
270.1
238. 9
233.7
242.7
237.5
245.8
231.4
249.0
243.2
253.3
230. 5
223.2
235.8
255.0
241.2
265.1
258.7
239.9
272.4
257.5
246.6
265.5
255.5
231.6
273.1
258.5
229.0
280.2
257.9
245.6
267.0
Home furnishings group
__ _
Furniture and house furnishings
Household appliances and radios
687.7
508.0
978.5
649.1
463.4
949.4
560.4
431.9
768.3
512. 3
409.5
678.6
479.1
399.9
607.3
492.9
417.5
614.9
473.5
397.3
596.7
502.6
404.8
660.7
530.5
423.6
703.4
542.2
456.2
681.4
559.2
460.0
719.8
540.3
466.3
660.0
541.6
437.0
710.8
Jewelry stores
_
_ _ _
Building materials and hardware group 2 _
Lumber and building materials
469.6
523.4
404.8
428.3
507.9
400.5
450.6
468.6
373.8
459.6
470.9
374.0
433.5
457.7
355.4
424. 3
440.0
339.8
430.4
451.4
347.6
425.0
435.4
335.3
433.1
427.9
324.9
436.0
435.5
338.6
477.8
439.4
336.2
458.5
432.0
327.8
446.0
453.4
351.7
Durable goods stores
382.4
374.0
365.6
360.9
372.4
369.7
375.0
384.4
374.5
383.6
385.7
389.9
376.7
Apparel group
Men's clothing and furnishings
Women's apparel and accessories
Family and other apparel
Shoes
320.6
239.8
343.0
701.4
241.3
302.1
226.1
324.4
658.8
226.7
293.0
192.6
321.1
614.7
232.5
274.5
194.3
307.5
610.3
195.4
304.9
201.6
331.3
658.8
239.6
293.0
195.8
323.8
633.7
223.5
301.7
229.2
324.4
649.1
226.3
303.8
217.1
328.3
646.8
234.9
292.1
175.9
331.9
616.9
226.8
302.5
203.6
341.2
633.0
228.0
313.1
217.6
351.1
679.0
228.8
313.1
215.4
354.3
691.1
223.3
302.7
208.7
334.1
653.1
228.5
Drug stores
Eating and drinking places _
Food group
Grocery and combination
Other food
246.1
274.9
395.1
417.9
272.7
255.7
269.2
399.5
423.1
272.5
251.8
272.2
399.5
423. 8
269.0
241.2
270.1
402.8
427.5
270.0
239.2
282.4
410.2
434.5
279.5
247.6
277.0
414.0
440.8
269.9
247.3
284.1
414.8
439.1
284.2
249.7
283.3
425.8
452.4
283.1
251.4
279.4
420.8
447.8
275.9
253.1
281.4
420.2
445.9
282.1
247.3
286.0
430.4
459.0
277.1
246.6
280.8
436.2
466.2
275.0
248.0
278.3
413.6
439.3
275.7
Gasoline service stations
General merchandise group 2
Department, dry goods, and general merchandise
Mail-order (catalog)
Variety
174.7
443.5
174.0
414.6
172.2
395.0
167.2
384.5
164.0
400.8
166.4
389.4
160.2
403.9
164.7
418.6
165.4
393.3
170.5
400.1
172.5
405.2
173.6
403.4
168.5
405.0
635.5
347.8
258.2
596.8
303.6
247.9
559.5
281.7
250.1
535.8
280.9
250.9
558.1
292.3
263.0
540.7
286.6
255.1
560.9
295.6
267.4
590.6
283.7
275.7
551.0
273.2
260.2
556.6
283.8
266.5
564.8
302.0
261.0
564.1
296.1
259.8
568.0
293.8
261.4
Other retail stores
424.7
434.0
414.9
417.9
417.0
423.3
416.7
416.8
435.8
525.1
452.4
493.5
440.2
Nondurable goods stores ..
1
2
. __
This series is comparable with data published for the period 1929-50.
Group total includes other related business not separately shown.
NOTE.—Due to rounding to millions, the detail does not necessarily add to the group totals.
Source: U. S. Department of Commerce, Office of Business Economics.
SUEVEY OF CURRENT BUSINESS
20
the broader groups of stores the results are fairly consistent
with the over-all behavior but for some of the smaller groups
this is not the case.
For total durable goods store sales the estimates derived on
the old basis are about 2% percent below the new, and for all
nondurables 4 percent. Most of the subgroups also are not
too far out of line. A few subgroups, however, show an
appreciable departure from the over-all pattern. Gasoline
service stations, jewelry, parts and accessories, and household
appliance and radio stores show totals in 1951 on the old
basis which are from 7 to 12 percent below the new. On the
September 1952
other hand, for building-material dealers, hardware and family
stores, the estimates for 1951 on the old basis are from 4 to 7
percent above the new figures.
It should be pointed out that sampling variability accounts
for an important part of the differences in the results of the
two procedures. This sampling variability is relatively
small for the more extensive groups of retail stores but may be
substantial for the smaller groups. When account is taken
of this factor in addition to the change in coverage, the
results obtained by the two methods of estimating seem quite
close.
Table 4.—Sales of Firms With 11 or More Retail Stores by Kind of Business, 1951—New Series
[Millions of dollars]
Kind of business l
January
February
March
April
June
May
July
August
September
October
November
December
Annual
total
Unadjusted dollars
Total
2
_. -__
Durable goods stores 3
Automotive group
Tire, battery, accessory dealers
_ __
Furniture and appliance group _ . . Furniture, home furnishings stores
Household appliance, radio stores
Jewelry stores
Lumber building, hardware group 2
Lumber, building materials dealers
Nondurable goods stores 2 _
_
Apparel group
_..
Men'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
Food group 2
- __ _
Grocery stores
-..
_- _.
--
Gasoline service stations
..
General merchandise group
Department stores .
Other general merchandise stores
Mail-order (catalog sale) _ _ _
Variety stores
_
2,117
1,969
2,418
2,195
2,345
2,399
2,122
2,322
2,348
2,534
2,553
3,214
28,536
186
172
192
201
218
215
202
223
211
235
217
249
2,521
42
38
44
44
46
49
47
51
46
50
46
65
568
58
19
39
3
82
55
55
20
35
4
75
50
57
24
33
4
87
55
51
22
29
4
101
68
55
25
29
5
113
78
50
22
28
6
111
76
47
20
27
4
103
73
56
25
31
5
112
77
54
23
32
6
106
72
63
27
36
5
117
79
64
30
34
6
101
63
69
30
39
14
100
52
679
287
392
66
1,208
798
1,930
1,798
2,226
1,994
2,127
2,184
1,921
2,099
?,136
2,299
2, 336
2,965
26,015
130
17
47
25
42
115
14
44
21
36
198
20
75
36
67
143
16
56
25
46
171
17
68
27
58
175
18
67
26
64
129
13
50
19
47
140
12
58
21
49
174
15
68
30
62
179
19
71
35
53
185
22
73
38
52
270
32
109
53
76
2,009
215
786
356
652
57
45
922
835
55
41
891
810
60
51
1,039
944
56
47
941
853
57
50
971
876
59
50
1, 016
940
58
50
914
839
59
53
962
886
58
51
962
888
61
53
986
910
58
49
996
919
84
50
1,105
1,018
722
590
11,705
10, 718
37
598
281
82
102
133
34
523
232
73
86
133
39
686
305
99
96
186
38
624
294
91
88
151
40
682
317
103
91
170
41
689
320
108
85
175
43
576
258
89
71
158
42
685
308
107
96
174
41
694
313
112
95
174
41
784
350
123
121
191
41
838
363
128
144
203
41
1,196
479
187
145
385
478
8,575
3,820
1,302
1,220
2,233
SEASONALLY ADJUSTED DOLLARS
Total Durable goods stores
2,469
2,371
2,318
2,317
2,336
2,340
2,340
2,420
2,350
2,420
2,432
2, 423
28,536
241
234
216
213
203
201
199
204
199
204
207
200
2,521
Automotive group 3
Tire, battery, accessory dealers
60
55
49
48
42
43
40
43
46
48
47
47
568
Furniture and appliance group
Furniture, home furnishings stores
Household appliance, radio stores
70
26
44
67
25
42
61
26
35
56
24
32
54
24
30
52
22
30
51
22"
29
53
23
30
54
22
32
55
24
31
57
27
30
49
22
27
679
287
392
Jewelry stores_
._ .. ...
Lumber, building, hardware group 2 _ . . . . _ _ _
Lumber, building materials dealers
Nondurable goods stores 2
Apparel group ..
Men'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
Food group 2
Grocery stores
Gasoline service stations. ,
__
General merchandise group
Department stores
Other general merchandise stores
Mail-order
(catalog
sales)
\rariety stores
_
-
_
__
5
5
6
6
5
6
5
5
6
5
6
6
66
106
68
107
72
100
68
103
72
102
72
100
67
103
70
103
67
93
59
96
60
97
60
98
63
1,208
798
2,228
2, 137
2,102
2,104
2,133
2, 139
2, 141
2,216
2,151
2,216
2,225
2,223
26,015
175
19
66
33
57
165
20
62
31
52
161
17
61
29
54
149
17
59
28
45
165
17
65
27
56
165
17
66
26
56
169
21
64
26
58
173
19
68
27
59
164
14
65
29
56
168
17
67
31
53
178
19
70
35
54
177
18
73
34
52
2,009
215
786
356
652
60
46
947
857
61
46
948
862
61
50
952
857
59
47
970
886
59
50
953
857
60
50
969
892
60
50
967
891
60
51
1,000
921
61
50
988
912
61
52
992
916
60
50
1,003
931
60
48
1,016
936
722
590
11, 705
10, 718
41
816
413
100
121
182
39
734
355
97
107
40
698
323
104
96
175
40
689
311
103
97
178 !
39
708
309
108
101
190
40
693
299
110
99
185
39
687
295
100
101
191
39
724
314
114
98
198
40
681
288
111
94
188
40
707
306
111
99
191
41
725
313
115
105
192
40
713
294
129
102
188
478
8,575
3,820
1,302
1,220
2,233
m
1 Titles have been changed to conform to new census designations but group classifications in tables 3 and 4 are comparable.
2 Group total includes other related business not separately shown.
3 Motor vehicles and other automotive dealers' sales are not included in this table but are included with those in table 2," Sales of All Retail Stores by Kind of Business, 1951—New Series."
NOTE.—Due to rounding to millions, the detail does not necessarily add to the group totals.
Source: U. S. Department of Commerce, Office of Business Economics arid Bureau of the Census.
BUSINESS STATISTICS
WlontkL
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 (t), 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.
Unless otherwise stated, statistics through
1950 and descriptive notes are si i own in the
1951 Statistical Supplement to the Survey
Data subsequent to July 1952 for selected
1952
1951
July
August
September
N
m
October | °h™ -
December
January
February
March
April
May
June
July
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT f
Seasonally adjusted quarterly totals at annual rates:
National income total
bil of dol
Compensation of employees total
do
Wa^es and salaries total
do
Private
do
Military
do
Government civilian
do
Supplements to wages and salaries
do
Proprietors' and rental income
total c? do
Business and professional a71
do
Farm
do
Rental income of persons
do
Corporate profits and inventory valuation adiustmcnt total
bil of dol
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
1 74. 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
186 9
177.8
145 6
9.0
52.1
27. 3
15.4
9.4
9 2
51 9
27.6
14.8
9. 5
41.9
38.6
21.8
16.9
3.2
6.5
42.5
39 5
22.2
17.3
3 0
6.6
42 7
42 7
24.7
18. 1
1
6.7
1.7
6.9
Gross national product total
do
Personal consumption expenditures, total do
Durable goods
do
Nondurable goods
do
Services
do
Gross private domestic investment
do
New construction
do
Producers' durable equipment
do
Change in business inventories
do
Net foreign investment
do
Government purchases of goods and services,
total
bil of dol
Federal (less Government sales)
do
State and local
do
330. 9
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
5.8
2.6
339. 4
213.2
25.2
118.0
70.0
50 0
23.7
25. 7
.6
1.9
343.2
214.9
26. 4
117.8
70.8
49.3
23.6
25.7
.1
.9
67.3
45. 5
21.7
71.2
48.9
22.3
74.4
51.2
23.2
78.0
54.9
23.0
Personal income, total
Less" Personal tax and nontax payments
Equals' Disposable personal income
Personal saving§
256.1
29.0
227 1
20.7
262.0
263.0
32 5
230 5
17.3
264. 4
32.9
231. 5
16.5
Corporate profits tax liability
Corporate profits after tax
Inventory valuation adjustment
Net interest
do
do
do
do
206.4
do
do
do
do
30 4
231 5
21.1
PERSONAL INCOME, BY SOURCE t
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 9
do
Other labor income
do
Proprietors' and rental income. - . ...do
Personal interest income and dividends. -do
Transfer payments
_
do
Less personal contributions for social insurance©
bil. of dol._
Total nonagricultural income
do
254. 5
170.7
75.0
46.3
20.4
29.0
167.3
4 2
50.1
20.4
12 5
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
3.5
239 1
3.4
3.3
3.3
234 0
235 5
236 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
3.5
3.4
3.9
239 5
240 7
260. 9
174.8
75.8
46.5
20 8
31. 7
171 3
4 2
52 5
20,5
12 4
241 7
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
3 . qo
3.8
3.6
3.6
243 4
242 7
242 9
244 9
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
r
264 2
177. o
74 4
49 ?
91 5
32 4
173 8
4 5
52 5
21.3
12 3
3.8
3.9
245 9
243 2
NEW PLANT AND EQUIPMENT
EXPENDITURES J
T
All industries, quarterly total
mil. of doL.
(), 951
..
6, 715
7 421
6 228
Manufacturing
do
' 3. 302
2,841
2 742
3 335
Mining.. .
do
*r 220
244
236
2089
Railroad
- .
do
381
432
354
36
Transportation, other than rail..
do ...
'378
372
344
361
r
Public utilities
do
957
1,042
1 117
847
Commercial and other
do
' 1, 713
1,870
1,949
1,708
r
Revised.
tRevised series. Quarterly estimates of national income and product and quarterly and monthly estimates of personal income have been revised beginning 1949; see pp. 29-31 of the July 1952
SURVEY for the data.
d"Includes inventory valuation adjustment.
§Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross
national product above.
9 Derived by deducting employee contributions for social insurance from total wage and salary disbursements.
O 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
S-2
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September 11)52
1? 51
July
August
September
1952
November
October
December
February
January
March j April
June
May
i
July
GENERAL BUSINESS INDICATORS—Continued
i
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
Dairv products
do _ _
M^eat animals
do
Poultry and eggs
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1935-39= 100 _ .
Crops
do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:
All commodities
1935-39=100..
Crops
do
T -livestock and products
- .-do
2. 652
2, f>41
1.085
1,556
408
833
285
2.992
2.985
1,315
1,670
393
960 \
295 !
398
384
410
450
465
440
511
580
459
655
811
540
541
624
479
467
541
412
397
151
153
148
168
186
154
184
218
158
219
273
178
ISO
192
172
160
168
155
145
137
151
115
82
140
119
76
151
116
64
155
3. 395
3, 387
1, 642
1,745
348
1,058
325
4 355
4.345
2,294
2,051
341
1 350
348
i
i
;
i
3 600
3. 583
1 . 765 '
1,818 .
316
1 097
397
2 122
2, 079
628
1 451
2 100
2.053
571
1 482
2 177
2.143
574
1. 569
369
817
254
389
812
262
433
825
272
303
226
314
222
310
202
323
203
361
382
390
413
3 11 5
3. 097
1 530
1 567
9 642
2.619
1 111
1 508
2 043
2. 010
638
1 372
337
868
356
330
924
243
330
809
395
393
227
i
' 2.381
' 2. 361
'851 1
r
1, 510 i
427 !
769 i
2 775
2. 761
1 299
1 462
271
410
759
269
'356
' 301
398
385
123
69
164
139
108
162
155
167
145
414
459
r
INDUSTRIAL PRODUCTION
Federal Reserve Index
Unadjusted, combined index
1935-39=100
Manufactures
Durable manufactures
Iron and steel
Lumber and products
Furniture
Lumber
- - __
Machinery
Nonferrous metals and products
Fabricating
Smelting and refining
Stone, clay, and glass products
Cement
Clay products
- . ._
Glass containers _ .
Transportation equipment
.__
\utoinobiles (incl parts)
Nondurable manufactures
\lcoholic beverages
Chemical products
Industrial chemicals
_
Leather and products
Leather tanning
Shoes
Manufactured food products
Dairv products
Meat packing
Processed fruits and vegetables
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
-_
Adjusted, combined indexcf
Manufactures
__
214
220
223
222
220
217
217
218
217
215
'211
'205
f 192
do
223
229
232
230
229
227
227
229
9
28
224
224
'215
P 201
do
do
do
do
do
do
do
do
do
266
253
151
160
146
328
199
188
225
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
280
281
261
148
176
133
360
283
263
149
175
135
359
277
245
152
278
245
145
249
142
155
169
148
n 225
358
280
261
142
175
125
359
207
196
216
206
217
204
218
204
do
do
do
do . . . .
do
do
239
248
179
273
293
216
238
251
182
259
305
223
237
254
180
251
311
226
230
252
182
228
311
223
do
do
do
do
do
do
do
do
do
do
do
188
190
301
554
83
71
92
176
221
141
191
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
17S
304
563
91
189
182
262
183
211
155
243
160
123
379
100
167
196
189
265
187
213
166
243
170
145
360
115
190
196
191
266
185
214
180
245
163
142
334
114
188
196
191
269
185
212
181
239
154
140
'291]
114
191
19!
1S7
276
185
214
1S3
245
157
161
160
66
105
192
166
170
171
77
134
194
167
171
172
79
137
195
166
176
179
104
147
199
163
do
do
do
do .
do
do
do
do
.do
do
do
do
do
do
do
do
do
do
26 1
155
172
146
347
209
19S
930
141
178
199
935
r
r
170
' 168
143
133
.354
219
203
' 353
'216
r
199
243
249
252
257
260
217
•>37
179
9^2
205
216
226
223
241
169
212
200
167
206
313
220
177
208
196
168
201
399
219
318
232
322
239
327
218
219
185
154
302
563
88
79
94
184
145
302
562
100
86
110
186
152
300
562
109
96
118
158
95
151
86
19^
96
193
83 \
216
81
97
164
98
18*
111
291
mg
r
246
"219
236
1 70
26ft
r
339
r
230
f 165
255
184
155
298
563
108
86
122
180
155
r
295
180
158
T
291
r
102
84
114
105
90
115
102
90
111
149
97
148
116
149
152
154
197
' 166
217
175
165
82
152
'89
147
'95
T
84
T
' 559
183
181
187
185
194
190
192
188
186
181
281
188
278
204
210
180
242
152
141
28S
112
164
263
179
205
180
120
198
281
188
211
170
248
157
144
296
116 \
176
169
178
99
152
196
115
159
1"0
86
135
193
89
162
175 !
91
147
194
88
162
219
175
243
160
150
294
}22
167
r
235
144
130
280
108
174
77
135
199
91
158
170
68
122
199
90
165
171
74
119
201
130
174
r
r
T
T
r
143
334
P 200
p 191
P 241
237
r
' 166
281
185
215
178
250
159
136
283
118
137
144
289
p
210
' 196
168
242
329
297
260
338
' 232
P 1,50
v
164
187
r 269
* 139
f 180
176
295
' 562
186
P 291
545
v
P 172
215
147
137
124
* 169
182
177
252
i' 258
157
174
" 216
v 296
175
145
239
245
154
p 235
p 144
133
312
111
342
182
175
211
151
135
287
r
r
r
117 1
178 i
143
140
73 '
107 '
159
159 i
112
197
159
179
r 101
v 145
P 1 50
74
102
' 193
80
v 199
p 80
' 149
57
91
-do
212
217
218
218
219
9
18
221 i
222
221
216
211
' 204
P 19]
do
222
226
228
226
228
228
231 i
232
231
225
224
r
v 200
265
141
131
199
226
237
226
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
1(32
285
158
149
218
252
277
152
143
219
257
220
238
r 216
r 173
r 107
i
239
949
243
185
176
298
88
79
160
136
163
123
189
174
300 i
100 1
86
162
137
162
128
190
171
Durable manufactures
.. . -do
Lumber and products
do
Lumber
do _
Nonferrous metals . ._
_. ._ . d o _ _ _
Smelting and refining
do .
Stone, clay, and glass products
do
Cement
do
Clay products
_
do..Glass containers
do
177
285
193
192
188
Nondurable manufactures
do
187
188
184
175
Alcoholic beverages
_.
.-do .
178
178
188
Chemical products
do
305
306
301
298
299
85
99
Leather and products
_
-do _ _ _
100
89
91
81
75
84
Leather tanning
do
78
80
Manufactured food products
-do _
164
167
163
166
160
143
Dairy products
do
148
150
137
140
162
Meat packing
- do . _
152
1 68
168
157
Processed fruits and vegetables.
do
139
121
147
152
163
' Revised.
*> Preliminary.
JData through 1950 have been revised to incorporate changes in methods of estimation (notably for truck
extending back to 1910 in some instances, 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 are
9f)3
j
1
154
217
!
249
224
257
177
297
107
90
165
138
182
133
229
244
175
9
39
188
170
994
108
86
166
142
179
150
183
157
' 292
914
9
r
48
146
134
9
10
247
2"
229
142
128
260
217
930
r 1^)
150
r
291
r
171
9g9
141
128
P 206
p 242
p 21 7
21 5
P 163
266
' 186
P 180
152
097
103
99
i' 2%
162
102
84
163
146
165
105
90
160
148
146
r 1^5
147
148
145
147
'146
'146
'162
•P 130
crops) and to reflect revisions of production, disposition, or price.
shown only in the unadjusted series
•p 224
P 101
Revisions,
SURVEY OF CUKBENT BUSINESS
September 1952
S-3
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
July
September
August
1952
October
November
December
January
February
March
April
June
May
July
GENERAL BUSINESS INDICATORS— Continued
INDUSTRIAL PRODUCTION—Continued
Federal Reserve Index-— Continued
Adjusted d1— 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 . .-
190
183
166
161
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
160
154
157
172
156
132
165
134
167
137
174
144
170
122
163
122
167
125
167
128
164
125
166
141
'140
'143
'147
65
»143
vQ7
••43,336
»• 21, 848
r 10, 259
44. 003
21, 700
9. 665
12, 035
8,829
2.793
6, 036
13. 474
4,478
8,996
BUSINESS SALES AND INVENTORIES§ f
' 43, 248 ' 46,444 ' 45, 377
' 42, 429 ' 43, 575 ' 41, 949 ' 44, 854 ' 44, 395 r 42, 358
r 44, 493 r 45, 688
21,914
21,249
22, 484
23, 324
23, 105
21, 677
20. 591
22, 463
20, 761
22, 214
23, 334
10, 743
9, 666
10, 028
10, 941
11,407
11,481
9, 786
10, 732
9,508
11,493
10, 660
11,171
11 , 650
11,542
11,803
11,482
11, 583
11,083
11, 623
10,975
11,841
11, 917
8, 314
8, 384
8,824
8,772
9, 161
8, 855
8,434
8,530
8, 942
8,366
8,948
2, 495
2 718
2,742
2,842
2,624
2,686
2,770
2, 586
2, 696
2, 677
2,487
5,819
6,
224
6,054
6,
030
6,319
5
760
6,269
5,680
6,043
6,
252
5, 757
r
T
' 13. 154
' 13, 348 r 13, 838
13, 239
12, 796 r 13, 074
' 12, 992 r 13, 230
' 13, 406 r13. 020
' 13, 067
4, 314
r 4, 496
' 4, 223 r 4, 387
' 4, 398 ' 4, 437 ' 4, 352 'r 4, 251 r 4, 366
'4,611
r 4, 931
' 8, 887
' 8, 788 ' 8, 795 ' 8, 707 ' 8, 851
' 8, 573 ' 8, 687 ' 8, 594 «• 8, 793
8, 816
' 8, 907
Business sales (adjusted), totaHf
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, totall
_ - - _ . _ do
Durable-goods stores
. . . _ - . . do__
Nondurable-goods stores
.
do
r 11, 588
' 8, 470
2,718
<• 5, 752
r
14, 018
r
4, 905
' 9, 113
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
M endurable-goods establishments
do ...
Retail trade, total 9
do
Durable-goods stores
_ do
Nondurable-goods stores
_.
do
70, 268
39, 908
20, 304
19, 605
10, 315
5, 045
5, 270
20, 045
9, 494
10, 551
70, 124
40, 621
20, 971
19,650
10,074
4, 961
5, 113
19, 429
9,154
10, 275
69, 965
41, 132
21,413
19, 719
10, 072
4,918
5, 154
18, 761
8,693
10, 068
70, 068
41,424
21,817
19, 60S
10, 099
4, 926
5, 173
18, 545
8. 679
9, 866
69, 988
41, 676
22, 205
19, 470
10, 035
4,838
5, 197
18, 280
8, 385
9,895
70, 107
42, 014
22, 675
19, 339
10, 000
4,793
5.207
18, 093
8,218
9,875
70, 219
42, 206
22, 976
19, 230
9,952
4,834
5,118
J8,061
8,197
9,864
69, 899
42, 192
23, 037
19,155
9, 726
4,722
5, 004
17, 980
8,160
9,820
69, 972
42, 332
23, 209
19, 122
9, 753
4, 720
5, 033
17, 887
8,075
9,812
70, 185
42. 513
23, 387
19, 126
9,662
4,745
4,917
18,010
8,208
9,802
69, 914
42, 450
23, 458
18, 992
9, 467
4,695
4,772
17, 997
7,991
10,006
' 69, 541
* 42, 213
r 23, 246
r 18, 967
4,567
t 4, 914
' 17, 847
r
7, 733
' 10, 114
69, 299
42, 128
23. 003
19. 125
9, 405
4,542
4, 863
17, 7(56
7, 517
10, 249
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSf
Sales:
Value (unadjusted), total
mil. of dol_.
Durable-goods industries
do
Nondurable-goods industries
.
do
19, 601
8,820
10. 781
22, 458
10, 269
12,189
21, 544
9. 937
11,607
24, 072
11,451
12,621
22, 240
10, 588
11,653
20, 810
9, 939
10, 871
22, 039
10, 473
11,566
22, 137
10, 760
11,378
22, 949
11,363
11, 586
22, 761
11,349
11, 412
22, 347
11,173
11, 174
f 21, 708
' 10, 500
r
11, 208
19, 979
8.772
11,206
Value (adjusted), total
do
Durable-goods industries, total
do
Primary metals
do
Fabricated metal products . .
-do
Electrical machinery and equipment. ...do
Machinery, except electrical
do
Motor vehicles and equipmentdo
Transportation equipment, n. e. s.
-..do.__
Furniture and fixtures
do
Lumber products, except furniture
do_._
Stone, clay, and glass products
do___
Professional and scientific instruments _ d o _ - _
Other industries, including ordnance. ...do. _ .
21, 249
9,666
1,974
1,026
870
1,708
1,467
495
244
623
508
232
519
21, 677
10, 028
1,872
977
1,056
1,728
1,648
521
278
658
540
223
526
20, 591
9, 508
1, 740
973
1,032
1,680
1,471
508
264
590
495
204
549
22, 463
10, 660
1,932
1, 171
1,077
1,978
1,579
542
284
697
534
230
637
22. 214
10, 732
1 , 957
1, 188
1 , 090
2, 095
1. 627
587
289
618
526
232
523
20,761
9, 786
1,853
1,076
1,034
1 , 926
1.356
610
242
587
418
222
462
22, 484
10, 941
1,944
1,238
1 , 060
2, 232
1,602
624
240
666
499
288
549
23, 334
11, 493
1,985
1,224
1,121
2, 316
1,675
697
273
736
551
284
632
21,914
10, 743
1, 876
1,130
1,080
2. 136
1,673
643
278
679
486
253
508
23, 324
11,407
1,922
1,210
1,067
2, 217
1,792
702
285
849
474
298
590
23, 105
11,481
1,904
1,182
1,094
2,177
1,881
758
301
791
515
290
589
' 21, 848
' 10, 259
r998
T
!
1,021
'
"1,186
! ' 2, 104
r
!
1,872
21, 700
9, 665
1, 058
1. 045
1,138
2,012
1, 181
716
344
791
512
298
568
Nondurable-goods industries, total
do_-_
Food and kindred products
do
Bcveraeres _
...
_
do
Tobacco manufactures
do
Textile-mill products
- do
\pparel and related products
do
Leather and leather productsdo___
Paper and allied products
do
Printing and publishing
do
Chemicals and allied products
_
do
Petroleum and coal products
_ do
Rubber products
do
11,583
3,032
591
278
1,182
940
298
637
740
1,535
1,912
438
11,650
2,946
658
290
1,164
854
315
692
755
1, 480
2,023
467
11,083
2, 956
508
269
1,086
696
257
663
779
1,431
2, 000
435
11,803
3,156
503
339
1,167
782
265
695
837
1,511
2,102
445
11,482
3, 080
551
290
1. 066
787
206
658
829
1,486
2, 092
438
10, 975
2, 979
582
288
1,11(
727
208
601
782
1,408
1,927
363
11,542
3,012
586
325
1, 139
7(58
203
691
875
1,518
1 . 958
468
11,841
3, 166
549
317
1,151
783
218
672
856
1.598
2,089
442
11,171
2,939
604
292
1, 082
704
193
631
820
1, 510
1,989
407
11,917
3, 144
649
326
1.220
799
208
610
898
1, 556
2,069
438
' H, 588
11, 623
3. 223 ! ' 3, 085
'732
652
'313
311 !
' 1, 086
1, 106
'792
758
r 229
220 :
'605
608
849
'808
r
1, 564
1, 509
1,908
' 1, 997
434
425 i
12. 035
3. 163
746
328
1,139
972
212
635
835
1, 556
2, 016
39, 840
20, 383
19, 457
40, 283
20, 886
19, 396
40, 624
21,270
19,354
40, 958
21, 585
19,373
41,353
21,924
19,430
42, 047
22, 445
19, 602
42, 470
22, 852
19, 618
42, 583
23, 098
19. 485
42, 789
23, 446
19, 344
42, 683
23, 593
19, 090
42, 665
23, 780
18, 884
' 42, 257
'23,417
18, 840
42. 047
23, 099
18, 948
16, 128
10, 180
13, 533
16, 052
10, 186
14, 045 |
15, 836
10, 561
14, 227
16, 243
10,682
14, 033
16, 388
10, 735
14, 230
16, (569
10,924
14,453
16, 491
11,228
14,751
16, 283
11, 581
14, 720
16, 119
11,870
14, 800
15, 889
11, 918
14, 876
15. 774
12, 054
14, 836
' 15, 549
' 14, 767
15. 384
12, 026
14, 636
39, 908
20, 304
2,426
2, 133
2,574
4, 509
2,455
1,657
588
1,017
837
649
1, 458
40, 621
20, 971
2,508
2,278
2, 684
4,667
2, 480
1.757
568
1,031
837
681
1, 483
41, 132
21,413
2, 602
2, 376
2, 706
4, 770
2,521
1,879
571
1,018
836
690
1,443
41,424
21,817
2, 664
2,439
2, 736
4,873
2,633
1,960
552
1,036
829
701
1, 393
41, 676
22, 205
2, 687
2, 431
2, 7(58
4. 995
2,731
2,098
42, 014
22, 675
2, 778
2, 438
2, 870
5,112
2,700
2, 176
520
1,092
841
718
1,428
42, 206
22, 976
2, 807
2,410
2, 915 !
5, 187 !
2,720
2,282
539
1,086
868
724
1, 437
42, 192
23, 037
2,819
2, 418
2, 948
5, 244
2,675
2,320
535
1,077
878
719
1,404
42, 332
23, 209
2,816
2,469
2,977
5,278
2, 663
2, 368
525
1,078
915
703
1,416
42, 513
23, 387
2, 825
2, 438
3, 025
5, 344
2, 670
2, 420
535
1,060
930
708
1, 431
42, 450
23, 458
2, 859
2, 426
3, 032
5. 319
2, 696
2, 434
544
1,058
951
709
1,430
' 42, 213
'23, 246
r
2, 879
' 2, 370
' 3, 013
' 5, 250
T
2, 588
'2,448
' 531
' 1, 059
960
720
' 1, 430
42, 128
23, 003
2,879
2, 348
2, 985
5, 091
2,507
2,521
525
1, 050
951
723
1, 423
Inventories, end of month:
Book value (unadjusted), total
Durable-goods industries
Nondurable-eroods industries
By stages of fabrication:
Purchased materials
Goods in process
Finished goods
do
do
do do
do
do
Book value (adjusted), total
_ _ ._- __ do . _
Durable-goods industries, total
do
Primary metals
_
_ _ _ do _.
Fabricated metal products
do
Electrical machinery and equipment— -do
Machinery, except electrical
do
Motor vehicles and equipment - do_ _
Transportation equipment, n. e. s
do
Furniture and
fixtures
do
Lumber products, except furniture _
do. _
Stone, clay, and glass products
.do
Professional and scientific instruments. do
Other industries, including ordnance, .do
r
!
1
1,051
810
713
1, 379
r 9, 481
\
!
!
r
i
1
'764
'487
••261
•'564
682
' 320
i
r
r 11,940
I
i
;
i
i
1
Revised.
» Preliminary.
d" See note mar sed "cf" o i p. S-2.
§The term "business" here includes only manu facturing a nd trade. Business inventories as shown on p. S-l c over data f or all type 3 of produc 3rs, both fcirmand n<)nfarm. TJrnadj usted
data for manufacturing are shown below on pp. S-3 and S-4; t lose for ret ail and wh olesale tnu e, on pp. i3-8, S-9, aiid S-10.
fRevised series. All components of business sale s, inventor ies, and onlers have Y een revisec since pub ication of the 1951 Si ATLSTICAL ?UPPLEME> "T; for appi opriate ex filiations of changes
and data through 1950 for manufacturing (except tli e orders s( ries, whicl have bee i further r ;vised), wl olesale saJ es arid iuv en tor ies, a id retail in vent or ies, see pp. 15-24 of the O ctober 1951
SURVEY. It should be noted that beginning with th s issue of t le SURVEY the retail & ales figures have been replaced 1 y a new se ries based jn procedu res develoi >ed by the Bureau of fhe Census,'
the new estimates begin with January 1951 (see pp. 1 6-20). Rt tail invent ories are n ot yet adju sted to tlu . new retai 1 sales seri(>s; therefor o, they are to be used only in co nnection w ith the old
series of retail sales.
^Revised to include the new estimates of retail sales; see last tw r o sentences of note marked "t" above.
9 These figures are not yet adjusted to the new retail sales series.
SURVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
1951
July
August
September
September 1952
1
October
November
December
1952
January
February
March
April
May
June
July
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
Chemical^ and allied products
do
Petroleum and coal products
do
Rubber products
do
19, 605
3,554
1,209
19, 719
3,546
1,201
1,712
3,130
1,644
637
936
711
2, 970
2,574
659
19, 608
3, 545
1,200
1, 766
3,048
1,498
607
942
711
3, 004
2, 582
705
19, 470
3, 465
1,204
1,824
2,911
1.445
594
959
733
3,030
2, 566
739
19, 339
3,386
1,193
1 836
2,814
1,446
567
1,005
757
3,000
2, 535
799
19,230
3,376
1 168
1 795
2 774
1 , 446
573
1,022
753
3 005
2 52°
797
19,155
3, 451
1 224
1 770
2 670
1,384
546
1,051
760
2,996
2,500
804
19, 122
3,438
1,249
1 766
2 570
1,332
551
1 , 056
759
3,037
2, 545
820
19, 126
3,435
1 244
1 776
2 586
1 263
543
1 087
753
3 038
2, 570
832
18, 992
3,412
1 251
1 793
2*539
1,296
535
1,069
725
3 031
2,506
833
r 18, 967
r 3, 385
1, 656
3,222
1.746
652
917
702
2, 850
2,481
616
19,650
3,619
1,161
1,668
3,190
1,686
622
924
711
2,906
2,523
640
New orders net (unadjusted), totalt
do
Durable-goods industries, total
- do_
Primary metals
do
Fabricated metal products
do - Flectrical machinery and equipment
do
Machinery except electrical
do
Transportation equipment, including motor
vehicles and parts
. - mil.ofdol.
Other industries, including ordnance
do
Nondurable-goods industries, total
do_ ....
22, 556
12, 235
2,083
964
1,284
2, 259
22, 962
11,032
2,027
1.053
1,064
2,180
21, 536
10,344
1,576
1, 208
1,207
1, 745
24, 289
11, 956
2, 445
1,252
1,188
1,966
22, 627
11,031
1,559
1,125
1.212
1,981
20, 767
10,312
1,876
951
1,454
1, 906
22 565
11,287
2 028
1,280
1,111
2 180
22 071
10, 876
1 669
1 174
1,341
2, 134
23 133
11,712
1 802
1,051
1.938
1,964
23 113
11 893
2 015
1 167
1, 206
2 013
21 674
10, 538
1 702
1 087
1, 085
1 848
r
r
3, 340
2,305
10, 321
2,328
2,380
1 1 . 930
2,396
2,213
11,192
2, 612
2,494
12, 332
3,151
2, 004
11,596
2, 605
1, 521
10, 455
2,475
2, 213
11,278
2,427
2, 132
11,195
2, 766
2,190
11,422
3, 034
2, 458
11,220
2,514
2, 302
11, 137
r 2, 392
'111 738
2, 882
2, 554
11,367
Unfilled orders (unadjusted), totalj
Durable-goods industries, total
Primary metals
Fabricated metal products
Electrical machinery and equipment
Machinery except electrical
Transportation equipment, including
vehicles and parts
mil
Other industries, including ordnance
Nondurable-goods industries, total
62, 775
57, 029
8,919
5, 882
6. 530
10, 803
63, 177
57, 792
9, 000
5,814
6, 599
11,251
63, 169
58, 199
8, 768
5, 926
6, 776
11,304
63,386
58, 705
9, 168
5, 881
6, 809
11,242
63, 772
59, 148
8,774
5, 834
6, 898
11,313
63, 729
59, 522
8 725
5, 730
7,197
11,281
64, 256
60 336
8 775
5 882
7,291
1 1 , 380
64, 189
60 452
8 532
5 947
7, 538
11,328
64. 373
60 801
8 342
5 843
8,318
10,980
64, 725
61 345
8 n36
5 860
8. 432
10. 691
64, 053
60 710
8 415
5 830
8,478
10, 282
'67.117
r
?>?, 243
>• S 936
r 5 875
r
9, 047
r
10, 297
69, 712
65, 676
9 554
6 009
9, 201
10, 457
18,679
6, 216
5, 746
18, 916
6,212
5, 385
19, 299
6,127
4. 970
19, 663
5. 941
4,681
20, 652
5. 677
4,624
21, 221
5, 368
4,208
21, 544
5, 464
3, 920
21 706
5, 400
3, 737
22 002
5, 317
3, 572
•>2 495
5. 330
3,380
22 480
5,224
3, 343
r
24 956
5, 498
4, 037
do
do
do
do
do
-do
motor
of do!
do
do
19, 125
3,369
1 207
1 820
2 592
1 422
515
1, 034
674
3 062
2, 635
r 1 230
9
r
T
r
r
r
1 78
2 542
Ir, 315
518
1 058
T 717
3 062
2 561
795
24 772
13 033
'r 1 520
1 111
r 1, 736
r
2 272
r 4 009
23 884
'r 5, 2^4
3, 874
22 574
11,205
1 498
1,076
1, 152
2, 043
BUSINESS POPULATION
OPERATING BUSINESSES AND BUSINESS
TURN-OVER
do
do
do
do
do
4,012.1
379 0
305 3
858.0
1,668.4
207.7
593. 7
NVw 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 ?
16 5
33 7
3 7
13 4
8'?
12
S
15
Discontinued businesses quarterly total
Contract construction
Manufacturing
Service industries
do
do
do
do
80 6
11 fi
'.' 9
13 7
33 ()
3 1
8.8
'• S9. 9
i- 12.9
83 7
130. 2
Operating businesses end of quarter total
\T
f t
Service industries
Retail trade
Wholesale trade
All other
thous..
-
do
do
95.7
13 3
11 8
16 8
39 0
3 5
11.2
Business transfers quarterly total §
do
102 4
Wholesale trade
All other
4 014 0
380 ')
304 3
859. 6
1 664 0
208 4
597 5
*
T
4
8
8
3
;
046. 8
391 r)
300 I
865. 6
668 0
210 2
605 3
f 122
24
12
21
41
5
17
•X) \
39
12 5
8
2
9
2
6
3
6
|
v 11.0
p 15 3
v 37 5
i> 3 5
" 9. 8
BUSINESS INCORPORATIONS^
8,284
6,428
6,496
5,950
6,812
6,289
6.913
8, 357
7,138
7,902
....number..
do
... . ,_do .__
do
do
_. ..do
665
55
74
130
340
66
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
thous. of doL .
... -do ._.
do
. _ do .
do
. do
21, 088
1,398
2, 666
7,790
4, 778
4,456
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, 51 5
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
New incorporations (48 States)
. number. .
7, 915
r
7. 819
7, 549
INDUSTRIAL AND COMMERCIAL
FAILURES^
Failures, total
Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
.
Liabilities, total,
Commercial service._
Construction
Manufacturing and mining
.
Rotail trade
Wholesale trade
.
'Revised.
f Preliminary.
fRe vised series. See corresponding note on p. S-3.
d"Data are from Dun & Bradstreet, Inc.
t A release, available upon request, provides data back to 1939 and all revisions issued through June 1952.
§Revisions for 1944—1st quarter 1951 appear in corresponding note in June 1952 SURVEY.
671
52 !
78 :
128
340
73
21,222
1, 971
2, 990
6, 971
7,024
2,266
580
41
48
133
299
59
22,789
1, 466
3, 196
8, 882
5,434
3,811
SURVEY OF CURRENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-5
1951
July
August
September
1952
October
November
December
January
February
March
April
May
June
July
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
294
252
236
213
438
329
175
204
317
332
414
272
222
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
317
377
317
181
288
265
251
229
435
309
176
265
284
310
372
305
177
290
272
250
229
435
313
179
308
279
306
372
291
180
293
270
245
227
436
303
190
285
280
313
394
281
175
292
277
238
226
437
319
220
250
289
306
380
277
181
295
276
230
227
436
311
214
287
307
312
376
286
208
271
270
272
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
282
282
282
283
284
284
287
288
288
289
289
286
286
104
104
103
105
106
107
105
100
100
100
101
102
103
206.6
206.1
207.4
209.0
210.3
210.8
210.9
208.9
208.7
209.7
210.3
»• 210. 6
211.8
215.2
207.3
215.2
207.3
215.2
207.3
215.2
207.3
213.0
207.3
200.2
205.0
r
201.0
205. 5
206.6
206.8
Prices received, all farm products§-__1910-14=100-_
Crops
do
Food grains. _
__ __do
Feed grains and hay
do
Tobacco _ _
do
Cotton
do
Fruit
do
Truck crops
do
Oil-bearing crops
do
Livestock and products
do
Meat animals
_
do
Dairy products
do
Poultry and eggs
do
Prices paid:
All commodities
1910-14=100Commodities used in living
...do _.
Commodities used in production
do
All commodities, interest, taxes, and wage rates
1910-14=100Parity ratioQ
do
r
RETAIL PRICES
All commodities (U. S. Department of Commerce
index)
1935-39=100..
Coal (U. S. Department of Labor indexes):!
Anthracite, chestnut _
_ _ 1935-39=100.Bituminous, all sizes
-do
Consumers' price index (U. S. Dept. of Labor):
All items
1935-39=100
Apparel
_ __
do
Food
do_. _
Cereals and bakery products
do
Dairy products
_.
do
Fruits and vegetables
do
Meats, poultry, and fish __
do
Fuel, electricity, and refrigeration
do
Gas and electricity
do
Other fuels
do
Housefurnishings
do
Rent
do
Miscellaneous
.
do
212.3
204.7
1
185. 5
203.3
227.7
189.0
205.1
218.5
273.2
144.0
97.2
203.7
212.4
136.2
165.0
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
232.4
190.6
215.8
241.4
272.1
145.0
97.6
206.8
209.1
139.7
169.6
187.9
204.3
227.5
190.9
217.0
223.5
271.1
145.3
97.9
206.7
208.6
140.2
170.2
188.0
203. 5
227.6
191.2
215.7
232.1
26V. 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
U. S. Department of Labor indexes (revised):f
All commodities
1947-49= 100
114.2
113.7
113.4
113.7
113.6
113.5
113.0
112.5
112.3
111.8
111.6
rill. 2
111.8
Farm products _
__
do
Fruits and vegetables, fresh and dried__do
Grains
do
Livestock and live poultry
_ _ do_
111.1
90.8
94.3
118.6
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
117.4
105.1
107.5
110. 0
121.5
103.6
106. 7
107.8
112.6
101. 7
106. 2
108.2
123.9
102.0
105. 2
108.7
127.3
100.9
106.6
107.9
128.9
98.8
108.9
r
r
110.2
128. 2
94.9
108.2
Foods, processed
_ _
_ do
Cereal and bakery products
do
Dairy products and ice cream_
. do_ _
Fruits and vegetables, canned and frozen
1947-49=100Meats, poultry, and fish _ _
do
110.7
106.2
106.7
111.2
106.7
107.9
110.9
106.4
106.1
111.6
106.8
108.5
111.0
107.8
111.1
110.7
107.9
113.0
110.1
107.5
113.2
109.5
107.4
115. 1
109.2
107.5
113.3
108.0
107.4
112.2
108.6
107.0
110.6
r 108. 5
103.5
116.8
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
115.7
108.8
120.4
95.6
70.0
107.1
107.8
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
108.6
120.9
95.0
65.2
108.1
109.8
114.6
108.4
120.8
95.2
61.5
108.9
109.9
114.3
106.7
118.1
94.8
56.8
109.4
109.3
114.2
105.9
117.5
93.4
51.2
109.6
108.7
113.8
105. 4
117. 0
93.1
47.3
109.6
107.9
113.3
104.8
116.8
92.7
42.6
109.8
108.0
Fuel, power, and lighting materials
do
Coal
do
Electricity
do
Gas_
_ . . . _ _ _ _
.. do
Petroleum and products _
do
Furniture and other household durables
1947-49=100-Appliances, household
do
Furniture, household
do
Radios, television, and phonographs. -do
106.5
107.2
98.5
97.5
110.8
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
114.4
107.6
115.9
93.6
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
Hides, skins, and leather products Footwear
Hides and skins
Leather
do
do
do.. do
122.3
122.1
124.0
127.7
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
Lumber and wood products
Lumber
...
do
do _
123.5
123.0
122.3
121.7
121.6
120.9
121.7
121.1
121.1
120.8
120.3
120.4
120.1
120.4
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
WHOLESALE PRICEScT
Commodities other than farm products and
foods
1947-49— 100
Chemicals and allied products
do. . Chemicals, industrial
_
do
Drugs, Pharmaceuticals, cosmetics do_
Fats and oils, inedible - _
do
Fertilizer materials
_
-_.do_
Paint and paint materials
do_.
107. 2
124. 2
95.4
107.2
106.7
110.1
110. 0
106.5
113.8
' 103. 5
110. 1
103.9
110.6
113.0
104.3
115.1
92.2
47.2
111. 5
107.3
112.6
104.3
114.9
92.2
52.0
109.9
107.0
112.5
104.2
114.7
92.1
49.8
110.7
106.9
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
r
102. 0
109.6
106.0
106.0
99.1
101.4
109.4
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
' 108. 8
' 112. 7
••93.8
111.6
106.8
112.6
93.8
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
120.3
120.6
120. 5
120.7
120.9
121.3
120.7
121.1
119.9
120. 1
120.2
120.4
r
r
Machinery and motive products
do
118.9
118.8
119.4
120.2
120.5
120.7
120.8
'121.3
121.8
122.0
121.6
121.6
121.4
Agricultural machinery and equip. ...do
120.1
120.1
120.2
120.1
120.2
120.2
121.5
121.8
121.5
121.8
121. 5
121.5
121.6
Construction machinery and equip. ..do
123.7
123.7
123.6
123.7
123.8
124.0
124.6
M25.4
125.2
125.3
125.4
124.9
124.9
122.2
Electrical machinery and equipment. .do
122.1
121.8
122.1
122.1
121.8
121.5
121.5
' 120.0
121.6
120.8
119.9
120.9
Motor vehicles
do_ .
112.5
114.1
112.8
19ft ft
19ft ft
11Q 7
11Q 7
116.3
116.5
117.1
11Q 7
11Q 7
116.0
'Revised.
1 Index on old basis for July 1952 is 192.4.
§August 1952 indexes: All farm products, 295; crops, 272; food grains, 236; feed grains and hay, 233; tobacco, 436; cotton, 319; fruit, 206; truck crops, 229; oil-bearing crops, 310; livestock and
products, 316; meat animals, 372, dairy products, 295; poultry and eggs, 225.
9Ratio of prices received to prices paid (including interest, taxes, and wage rates).
cfFor actual wholesale prices of individual commodities, see respective commodities.
tRevised series. Indexes of retail prices of coal (for residential heating) reflect use of new base period and expansion of city coverage; comparable data are available for various periods back
to 1913 and will be shown later. Revised wholesale 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.
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
September 1952
1951
July
August
September
1952
October
November
December
January
February
March
April
May
June
July
COMMODITY PRICES—Continued
WHOLESALE PRICEScf— Continued
U. S. Department of Labor indexes (revised) :f— Con.
Commodities other than farm prod., etc.— Con.
Metals and metal products
1947-49— 100
Heating equipment
do
Iron and steel
-- ..-do
Is! on ferrous metals
_ .._ _
_.do _
N on metallic minerals, structural
_ -do
Clay products
do
Concrete products
- do_
Gypsum, products
- do
Pulp paper and allied products
Paper
- Rubber and products
Tires and tubes
__
Textile products and apparel
Apparel
_ _ _ _
Cotton products
Silk products
Synthetic textiles
Wool products
.. _ _ _
_
do.
- do_
do
__- do_ .
do
do _..
do
- do
- do_ _
do_
Tobacco mfrs. and bottled beverages. _ _do_ _
Beverages alcoholic
do
Cigarettes
do. _
122.3
114.4
123.0
121.5
113.6
121.4
112.4
117.4
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
124.0
113.6
121.4
112.4
117.4
122.5
114.4
123.1
124.1
113.6
121.4
112.4
117.7
122.5
114.5
123.1
124.2
112.8
121.4
112.4
117.7
122.4
114.0
123.1
124.2
112.9
121.4
112.4
117.7
122.6
114.0
123.2
125.0
112.9
121.4
112.4
117. 7
122.6
114.0
123. 2
124.9
112.9
121.4
112.4
117.7
122.5
113.9
123.0
124.8
112.8
121.3
112.4
117.7
121.8
113.7
122.8
122.0
112.9
121.4
112.4
117.7
121.1
r 113. 5
122.4
' 120. 0
113. 8
121.4
112.4
117.7
121.9
113.6
122.3
124.0
113.8
121.3
112.4
117.7
120.2
118.3
144. 3
133.9
111.6
105.0
113.0
116.1
96.7
145.5
119.5
119.8
144.3
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
123.2
91.5
122.0
118.4
122.4
144.3
133.4
104.0
102.1
103. 3
125.3
91.7
120. 3
118.2
122.8
144.1
133.4
103.3
101.7
102.8
126.0
91.4
118.0
118.3
123.7
143.1
133.4
102.1
101.7
101.0
130.2
89.9
114.4
117.7
123.8
142.0
133.4
100.6
101.6
99.6
129.1
87.3
111.8
117.4
123.5
140.6
133.0
99.9
101.2
98.6
128.4
86.7
109.2
116.9
123.5
140.4
133.0
99.3
100.8
97.2
128.8
86.8
111.7
116.7
124.2
133. 4
130.5
99.0
' 100. 3
95.4
129.8
88.6
112.8
115.3
123.8
130.0
129.6
98.9
99.5
96.1
134.7
89.2
113.9
107.9
106.1
105.7
107.8
105.8
105.7
107.8
105.8
105.7
107.5
105.8
105.7
107.5
105.9
105.0
108.1
105.9
' 105. 0
108.1
105.9
110.8
111.2
»• 105. 0
110.8
111.2
110.8
111.2
110.8
111.2
110.8
111.2
r 105. 0
r 105. 0
r 105. 0
r 105. 0
r 105. 0
110.8
111.2
105.7
45.8
53.9
43.9
46.0
53.9
44.1
46.1
53.6
44.0
46.0
53.4
43.6
46.0
53.0
43.2
46.0
52.9
43.1
46.3
52.9
43.0
46.5
53.2
44.0
46.5
53.2
43.9
46.7
53.0
43.5
46.8
52.9
43.3
'47.0
52.7
43.2
46.7
52.4
42.6
r
PURCHASING POWER OF THE DOLLAR
As measured bv—
Wholesale prices t
Consumers' prices
Retail food prices
1935-39=100.
do
do. _
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY 9
New construction total
mil of dol
Private, total
_ _
do. _.
Residential (nonfarm)
do
New dwelling units
_ __
do_ _
Additions and alterations
do
Nonresidential building, except farm and public
utility, total
mil. of dol
Industrial
-- _
do_ __
Commercial
do
Farm construction
.
do
Public utility
do
Public, total
_ ._
Residential
Nonresidential building
Military and naval
Highway
_
Conservation and development
Other types _ .
-. . do _
do
.. do
do
do _
do
do
2,873
2,942
2,934
2,893
2,660
2,394
2,193
2,102
2,345
2,541
2,778
2,980
3,077
1,968
965
857
91
1,971
956
847
92
1,955
958
849
93
1,908
963
858
91
1,818
930
832
84
1,674
840
760
66
1, 518
720
650
57
1,464
676
600
63
1,616
799
710
77
1,690
849
750
87
1,811
922
810
99
1,925
979
860
104
1.995
1, 023
905
101
471
195
121
191
336
465
204
108
194
350
460
210
101
179
352
440
205
95
148
351
425
200
96
126
331
415
200
92
110
303
415
209
83
110
267
407
209
76
113
263
397
201
74
123
292
386
194
73
136
313
392
188
82
157
333
408
185
93
171
359
412
180
97
180
371
905
47
315
86
282
80
95
971
56
324
108
314
77
92
979
63
319
129
303
77
88
985
66
318
147
293
78
83
842
68
300
136
187
76
75
720
66
289
116
111
72
66
675
65
282
113
90
62
63
638
62
268
105
90
56
57
729
59
301
122
115
65
67
851
57
334
135
175
74
76
967
55
351
150
250
77
84
1,055
55
370
153
310
81
86
1,082
53
387
155
320
80
87
28, 832
36, 323
931, 768 1,234,339
502, 416
323, 736
731, 923
608, 032
31, 842
902, 091
296, 897
605, 194
45, 041
33, 767
50, 097
885, 206 1,321,264 1,597,517
636, 357
554, 050
338, 662
961, 160
767, 204
546, 544
3,262
CONTRACT AWARDS
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
42, 435
44,334
46,319
Total projects
.
number
42, 735
Total valuation _
thous. of dol 1 , 379, 830 1,262,811 1,082,855 1,051,419
486, 452
615,370
Public ownership
_ _ _
do
317, 731
306, 604
764, 460
776, 359
765, 124
Private ownership
do
744,815
Nonresidential buildings:
Projects.
_
Floor area
Valuation
Residential buildings:
Projects
Floor area
Valuation
Public works:
Projects
Valuation
Utilities:
Projects
Valuation.
63, 709
50, 845
52, 078
557, 803
559, 140
929, 710
618, 737
892, 548
1,563,660 1, 488, 850 1, 511, 285
1,005,857
number
thous. of sq. ft..
thous of dol
39, 926
536, 533
4,170
36, 700
475, 957
36, 273
404, 462
34, 782
418, 203
3,618
27, 611
327, 706
43, 016
593, 007
3, 325
24, 868
357, 676
24, 941
301, 404
4,311
33, 345
463, 276
39, 343
562, 256
37, 346
462, 863
41, 725
551, 500
562, 686
number
thous. of sq. ft
thous. of dol
37, 173
58, 823
548, 144
39, 864
60, 372
567, 566
35, 789
52, 438
479, 716
36, 152
52, 454
496, 247
31, 162
47, 248
443, 884
24, 204
37, 985
346, 104
27, 380
37, 423
337, 721
29, 069
45, 380
396, 438
38, 860
65, 422
592, 717
43, 447
681, 614
73,847
55, 759
82, 579
753, 755
43, 012
62, 176
581, 792
43, 465
64, 003
608, 078
number
thous. of dol
2, 151
190, 884
1,927
160, 368
1,756
141, 335
1,457
101, 903
1,233
117, 809
1,064
138, 859
840
130, 814
930
124, 885
1,429
193, 714
1,814
241, 740
219, 628
245, 969
243, 458
number..
thous. of doL-
514
104, 269
358
58, 920
332
57, 342
351
35, 066
310
42, 369
156,369
302
297
75, 880
296
62, 479
441
71, 547
387
111, 907
509
127, 414
545
109, 589
465
97, 063
Value of contract awards (F. R. indexes) :f
Total, unadjusted
1947-49=100..
Residential, unadjusted. _
do
Total, adjusted
do
Residential, adjusted.
do
177
182
162
179
163
175
156
176
149
169
147
168
134
156
140
160
141
141
156
146
134
124
166
145
132
118
161
142
136
145
156
163
166
183
164
174
196
222
171
189
203
221
168
186
.
Engineering construction:
Contract awards (E. N. R.)§
4,496
thous. of dol.. 1,378,640 1, 145, 715
4,558
4,775
917, 158 1, 026, 973 1,024,775
829, 173 1, 196, 798
3,472
4,449
2,353
5,022
2,266
'200
'213
'172
' 193
5,468
40,979
2,680
197
199
180
196
788, 429 1, 042, 851 1, 180, 340 1, 433, 642 1, 140, 654 2, 310, 504
Highway concrete pavement contract awards:©
4,342
Total
thous. of sq. yd..
4,508
9,248
2,856
i 4, 159
3,757
3,487
5,411
3,723
5,386
714
458
Airports
do
4,335
275
1413
671
621
879
427
238
1,681
1,436
Roads
_
do
2,840
803
1,814
i 2, 197
1,497
3,289
988
2,901
2.202
Streets and alleys
do
1.369
1 Sfifi
1 . fiQS 9.. 948
1 1. 549
1.777
1.271
2.073
2.358
r
Revised.
1 Data include some contracts awarded in prior months but not reported.
d*For actual wholesale prices of individual commodities, see respective commodities.
JSee note marked "t" on p. 8-5.
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.
5,088
6,702
791
3,128
9. 783
7,047
843
3,401
2. sns
6,587
729
2, 657
2 901
Indexes of contract awards
SURVEY OF CURRENT BUSINESS
September 1952
S-7
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
July
August
September
1952
October
November
December
January
Febra- ' March
,, ,
May
June
July
106, 200
107, 000
r
r
r
r
April
ary
CONSTRUCTION AND REAL ESTATE—Continued
NEW DWELLING UNITS AND URBAN
BUILDING
New permanent nonfarm dwelling units started
(U S Department of Labor)
number.
Urban building authorized (U. S. Dept. of Labor):
New urban dwelling units, total
number. _
Privately financed, total _ _ _ .
do.. .
Units in 1-family structures
do
Units in 2-family structures _
do _ .
Units in multifamily structures
do
Publicly financed, total
_ .. do
Indexes of urban building authorized :t
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
90, 500
89, 100
96, 400
90, 000
74, 500
60, 800
45, 684
42, 092
33, 323
2,432
6,337
3,592
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
100.8
132.7
130.5
133. 5
138. 6
106.9
138. 1
137. 5
143. 3
128.7
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
116.1
116.3
117.0
374
117.5
117.6
117.5
374
118. 2
118.1
535
557
545
495
530
535
561
545
495
530
536
561
546
495
532
538
562
548
494
532
378
539
573
548
494
533
377
538
562
548
495
532
379
378
380
542
581
549
497
535
380
233.4
234.6
244.2
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
235. 4
235. 1
240.2
247.7
220. 5
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
29} 9
244.6
242.5
244.8
242.8
246. 1
244.3
247.3
245. 6
247.3
245.7
400.1
542.8
399.9
542.6
403.4
546. 5
404. 5
547.2
405.6
547.7
r
106, 000
104, 000
61, 364
'r 53, 300
43, 572
T
3, 532
r
6, 196
8, 064
54, 792
48, 567
40, 916
3,018
4, 633
6,225
51, 974
50, 432
41, 754
2,828
5, 850
1, 542
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
115. 7
143. 9
150. 6
135. 9
137.0
118.4
374
118.9
119.6
120.8
383
122.1
543
581
550
497
535
378
544
582
551
498
537
545
582
552
499
541
550
588
554
504
544
555
600
554
513
549
378
379
548
584
554
504
543
237.0
237.9
236.7
248. 0
247.8
237.2
237 7
248 0
239. 2
238. 0
251 . 9
222. 6
239 0
237. 9
243 7
251. 5
222 4
239
238
244
251
222
247. 3
245. 4
248. 5
246. 5
405. 6
547. 8
406/1
64, 900
r
r
r
37, 493
34, 372
28, 376
2, 386
3,612
3,119
r
r
r
77, 700
103, 900
45, 676
43, 163
34. 978
3,017
5, 168
2,513
r
r
T
57, 937
49, 845
40, 139
r
3, 469
r
6 237
8 092
64, 867
56, 241
45, 938
r
3, 558
6,745
8,626
CONSTRUCTION COST INDEXES
Department of Commerce composite. f _ _ 194 7-49 = 100..
Aberthaw (industrial building)
1914 — 100
American Appraisal Co.:
Average 30 cities
1913 = 100
Atlanta
_..do
New York
do
Pan 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
Residences:
Brick
do
Frame
do
Engineering News-Record :d*
Building
1913 = 100
Construction
-do.
Bu. of Public Roads— Highway construction:
Composite standard mile
1925-29=100
379
164.8
243.8
549.3
381
382
391
238.3
238. 5
248. 9
239.4
239.2
249.5
242.1
241. 3
251.9
243. 6
242.9
252 7
7
3
0
5
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. 3
246 2
248 5
246 2
249.4
246 9
250.0
247.4
252. 5
249. 8
253. 3
250 4
407 2
550. 6
407 9
554 1
410 4
557.1
412 5
561.7
414.5
570.7
423 9
585.2
237. 4
166 7
171.8
169 1
CONSTRUCTION MATERIALS
Production of selected construction materials, index:
Unadjusted
1939-100
Adjusted
do
156.7
147.3
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
r 156 9
r
157 8
157 6
149 0
P 149 1
p 139. 3
REAL ESTATE
Home mortgages insured or guaranteed by —
Fed, Hous. Adm.: New premium paying
153, 744
thous. of dol. _ 145, 738
131, 485
140, 528
144, 596
124,701
159,063
134, 248
147, 208
125, 629
127,751
125, 363
123,807
319, 365
271, 148
296, 748
308, 639
Vet. Adm.: Principal amount. ..
do
317, 047
189, 189
267, 958
301,276
195, 987
242, 103
244, 042
202, 758
235 651
Federal Home Loan Banks, outstanding advances
770
781
752
747
653
656
to member institutions
mil of dol
760
806
591
665
612
581
589
New mortgage loans of all savings and loan associa439, 615
439, 398
486, 999
430, 482
486, 435
404, 033
586, 842
595, 994
400 443
tions estimated total
thous. of dol
549 140
586 035
427 835
514 098
By purpose of loan:
132, 330
149, 788
139, 951
128,665
191, 812
154, 763
125, 287
Home construction
do
197 525
190, 039
115, 168
182 636
131 487
171 907
207, 123
224,819
200, 025
202.159
220, 506
264, 692
182, 710
183, 733
251,884
Home purchase _
do
185, 920
257, 0(59
213 723
238, 587
37, 613
42, 184
36, 551
42, 794
37. 920
37, 322
53 014
Refinancing
do
43 397
49, 595
49 446
50 076
37 906
49 104
17,831
17, 571
14, 785
Repairs and reconditioning
_ . ..do
18. 558
18,917
25, 065
12, 895
15 567
24, 452
24, 238
15.033
21,797
18 959
44, 718
45, 300
50, 378
50, 727
All other purposes
_ . do
46, 953
45, 819
63. 184
51 464
56 674
62 098
64, 128
48 603
60 405
New nonfarm mortgages recorded ($20.000 arid
under) estimated total
thous. of dol 1, 370, 201 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
11.0
11.6
12.0
11.0
Nonfarm foreclosures, adjusted index 193/1-39=100
10.8
11 1
11 5
12 1
11 3
11 6
11 7
11.1
52, 220
55,416
60, 064
53,398
68, 206
Fire losses
thous. of dol__
54, 660
74, 155
69, 925
62 354
58, 585
72 254
67, 380
61, 675
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, adjusted:
410
411
Combined index. _
1935-39=100
418
427
429
435
453
447
436
439
438
433
368
403
Magazines.
do
376
379
347
357
362
369
379
404
371
388
314
319
304
Newspapers
do
307
317
304
293
329
304
294
300
310
319
314
Outdoor ___ .
.. do. ._
340
341
347
352
362
346
401
354
362
279
269
239
257
Radio .
...
do
258
253
244
241
253
236
247
248
107.2
132.1
Tide advertising index, unadjusted!-- 1947-49 =100. .
104.0
144.5
117.2
127.7
154.1
144.9
115.6
153.2
114.2
140.8
141.3
Radio advertising:
11, 731
11 849
14 377
Cost of facilities, total
thous. of dol
11, 789
14 948
14 619
14 520
13 561
14 520
13 948
13 970
12 938
9 538
'370
227
299
Automotive, incl. accessories
do
256
377
339
464
407
276
319
345
'329
196
Drugs and toiletries
...
do
3,124
3, 060
3, 085
3, 991
3,699
3, 751
3 993
3 691
3 612
2 655
3 847
3 885
3 949
137
Electric household equipment
do
143
153
274
266
147
224
204
251
171
340
204
153
269
298
278
307
315
Financial
do
326
359
356
353
365
343
348
338
T
Foods, soft drinks, confectionery
do
3,263
3, 310
3,240
4,170
4,127
3, 802
3, 734
4,090
3, 917
3, 792
3,862
3, 233
2,587
432
402
440
459
445
Gasoline and oil
do
512
475
447
431
493
424
452
381
1,204
1,275
1,073
1.546
Soap, cleansers, etc.
_
. . do
1, 631
1,432
1,592
1,482
1 624
1 660
1 079
1 5589
1 698
1,375
1,841
1,331
1,269
1,855
Smoking materials
do
1 772
1 596
1, 794
1 546
1 590
1 382
700
1 63
r
1,832
1,747
1,848
1, 893
1,793
2,102
All others
do
1. 726
1,781
2.145
L801
1.795
l! 659
1.263
r
p Preliminary.
„
fRevised series. Indexes of urban building and construction costs reflect use of new base period; revisions prior to February 1951 for the former
Revised.
series will be published later; revised annual cost indexes for 1915-38 and monthly data for 1939-51 are shown on p. 24 of the August 1952 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.
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September 1952
19 51
July
August
September
1952
October
November
December
January
February
March
April
May
June
July
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Magazine advertising^
Cost, total
thous. of doL_
\pparel and accessories
do
Automotive, incl accessories
do
Building materials
- do __
Drugs and toiletries
do
Foods, soft drinks, confectionery
_ do
Beer wine, liquors
do
35, 961
3,484
3, 400
1, 395
4, 568
5,274
1,952
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
1, 649
r842
«• 2, 244
1-942
r
1,486
r
8, 319
1,668
1,007
2,310
956
1,138
8,808
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
3,260
3,934
4,845
4,849
4,129
3,346
3,466
3,985
4,855
4,468
4,093
3, 213
3,133
do
do
do__
do
do
do
do
178, 389
48, 762
129.627
9 807
2,846
23, 690
93, 284
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, 304
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
156,500
2, 762
31 251
112, 204
175 447
47 979
127' 468
7 351
3 046
25 674
91 398
thousands
thoTis. ofdol
6, 238
116, 606
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
6 942
119 989
Household equipment and supplies
Household furnishings
Industrial materials
Soans cleansers, etc
Smoking materials
All other
Linage, total
do
do
do __
do
do
do
thous. of lines..
Newspaper advertising:
Linage, total (52 cities)
Classified
Displav, total
Automotive
Financial
__
General
Retail
* 34, 843
'889
r
3, 327
_. __
__.
_
r 1, 486
r 5, 462
' 5, 841
* 2, 357
r
10 9RS
POSTAL BUSINESS
Money orders, issued (50 cities):
Domestic:
Number
Value
PERSONAL CONSUMPTION
EXPENDITURES
Seasonally adjusted quarterly totals at annual rates: J
Goods and services total
bil ofdol
206.4
210.5
213 2
214 9
25.3
9.5
11 6
4.3
25
9
11
4
2
6
3
3
?6
11
10
4
4
3
8
3
117
20
72
6
2
5
8
0
3
0
0
1
do
25.5
9.9
11.5
4.1
Nondurable goods total
Clothin 0 " 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
2.0
4.9
12. 5
118 0
20 6
71.8
5 9
2 0
5 2
12 5
Services
Household operation
Housing
Personal services
Recreation
Transportation
Other services
do
do
do
do
do
do
do
67.6
10.1
22.0
4. 1
4.3
5. 5
21.6
69.0
10.6
22. 5
4 1
4.0
5 7
22.0
70
10
22
4
4
5
22
Durable goods total
Automobiles and parts
Other durable goods
do
do
19 4
0
7
9
9
70 ^
10 9
23 °
1
9
3
4 1
58
22 "
4 9
RETAIL TRADE
All retail stores :f
Estimated sales (unadjusted), total,. _mil. of doL.
Durable-goods stores
do
Automotive aroup
. _
do
Motor- vehicle, other automotive dealers
mil. of dol_.
Tire, battery, accessory dealers
do
Furniture and appliance group
do
Furniture, homefurnishings stores
do
Household-appliance, radio stores
do
Jewelry stores
_
do
Lumber, building, hardware group
do
Lumber, building-materials dealers do
Hardware stores
do
Nondurable-goods stores
. . do
Apparel group..
do
Men's and boys' wear stores
do
Women's apparel, accessory stores
do
Family and other apparel stores
do
Shoe stores ...
do
Drug and proprietary stores.
_ do .
Eating and drinking places
do
Food group
. .
do
Grocery stores
_
do
Gasoline service stations
.do . !
General-merchandise group
do
Department stores, incl. mail-order. _ do
!
Variety stores
do
•,
Other general-merchandise stores
do
Liquor stores.. . .
do.. _
r
12, 364
4,288
2,244
13, 268
4,734
2,515
13,103
4, 495
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
5 294
2 896
13, 830
5 138
2 757
13, 221
4 617
2 330
2,099
146
607
377
230
86
865
651
214
2,360
155
727
458
269
96
890
666
224
2,182
155
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
2?9
2.647
179
738
456
2«2
117
941
697
244
2,582
175
756
442
314
108
939
706
233
2, 165
166
719
406
305
95
928
707
220
8.075
664
162
253
124
126
380
1.072
8,534
733
167
296
136
134
382
1,131
8,608
887
193
358
175
162
370
1,099
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
380
1 064
8 604
689
161
262
147
120
382
1 116
3,095
2,497
803
1,195
716
201
279 !
225 !
3,175
2,572
806
1,400
874
221
305
234
3,120
2, 539
776
1, 468
918
221
330
246
3,164
2,548
787
1, 664
1,045
245
374
343
3,220
2,577
784
1,798
1,149
3,418
2, 736
816
2, 515
1,512
486
517
347
30 083
489
726
1 190
742
174
274
210
3 026
2 467
716
1 164
709
191
263
225
3 253
2 627
762
1 324
823
214
286
240
3 248
2 601
781
1 467
914
244
309
941
3 419
2 792
834
1 531
966
240
325
966
3 228
2 644
847
1 444
961
224
314
935
3 343
2 742
877
1 270
757
218
295
9fi1
392
247 !
Revised.
{Unpublished revisions for magazine advertising for January, February, March, and October 1950 and January and February 1951 are available upon request. Estimates of personal
consumption expenditures have been re vised beginning 1949; revised figures for the grand total and for total durable and nondurable goods and services are shown as a component of gross
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. 16-20 of this SURVEY for figures covering the entire year 1951 for both the new and old series and for discussion of the new data.
SURVEY OF CURRENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-9
1952
1951
July
August
September
October
November
December
January
February
March
May
April
July
June
DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
All retail stores — Continued
Estimated sales (adjusted), totalf
mil. of doLDurable-goods stores
do
Automotive group
do
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
12, 796
4, 223
2,138
2,004
134
655
406
249
13, 074
4,387
2, 286
2,148
138
685
419
266
12,992
4,398
2,274
2,120
154
699
412
287
13, 230
4,437
2.309
2,158
151
702
417
285
13, 239
4,352
2,230
2,075
155
727
422
305
13,067
4,251
2, 143
1,992
151
705
419
286
13, 154
4 366
2,134
1,968
166
746
436
310
13, 406
4,611
2,313
2,147
166
741
430
310
13, 020
4,314
2,099
1,938
161
714
423
291
13, 348
4 496
2,304
2,148
156
685
412
274
13,838
4, 931
2,672
2, 505
166
726
433
294
14, 018
4, 905
2, 571
2,407
163
786
450
336
13, 474
4, 478
2,217
2,068
149
743
422
320
Jewelry stores
do
Lumber, building, hardware group
do
Lumber, building-materials dealers do Hardware stores . _. . _ .. _ . _ do -
113
835
622
213
112
807
590
217
113
790
564
226
116
794
570
224
121
773
548
225
117
780
554
226
119
813
591
222
117
889
662
226
117
860
633
226
117
853
632
222
122
837
620
217
118
873
647
226
120
872
659
213
Nondurable-goods stores
- do .
Apparel group
do
Men 'sand boys' wear stores _ - _ do_ .
Worn en's apparel, accessory stores
do
Family and other apparel stores
do
Shoe stores
do _
Drug and proprietary stores . ..
do
Eating and drinking places
do
8, 573
850
212
331
164
143
378
1,019
8, 687
853
212
335
164
142
383
1,038
8,594
837
203
338
160
136
381
1,033
8,793
861
209
344
167
141
386
1, 028
8,887
875
212
349
172
142
389
1,049
8,816
869
200
350
179
140
392
1,033
8.788
871
205
348
182
136
391
1,037
8,795
836
198
340
165
133
394
1, 058
8,707
823
193
328
171
130
389
1,038
8.851
854
188
353
179
135
387
1,039
8,907
848
196
335
181
136
386
1,064
9, 113
910
203
357
207
143
390
1,060
8, 996
862
207
334
188
133
383
1,066
Food group
do
Grocery stores
do
Gasoline service stations - ..do
General-merchandise group
do
Department stores, incl. mail-order, -do
Variety stores
do _
Other general-merchandise stores
do
Liquor stores
do
3,140
2, 525
737
1,480
926
243
311
247
3, 167
2, 557
750
1, 519
946
251
322
250
3,128
2, 532
760
1,480
919
237
324
247
3, 132
2, 526
772
1,516
934
246
336
338
3, 226
2.611
787
1, 565
975
244
346
223
3,210
2, 597
791
1,538
946
237
355
223
3, 202
2, 589
794
1, 503
936
237
331
242
3,200
2, 586
801
1, 506
925
243
339
252
3,202
2, 587
797
1,455
903
238
314
247
3,271
2, 636
810
1,474
905
244
325
263
3.256
2, 641
805
1, 537
962
252
323
269
3,341
2,728
820
1, 584
993
254
338
270
3,347
2, 734
807
1,528
949
258
321
280
18, 777
9,072
9,705
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, 1 57
9, 806
r
17,314
7, 758
9, 556
16, 671
7, 293
9, 378
20, 045
9,494
3,058
19, 429
9, 154
2,921
18, 761
8,693
2,717
18,545
8, 679
2,744
18,280
8,385
2,700
18,093
8,218
2,613
18,061
8,197
2,532
17,980
8, lt>0
2,483
17,887
8,075
2, 593
18,010
8,208
2, 766
17,997
7.991
2, 661
' 17, 847
' 7, 733
r
2, 476
17, 766
7,517
2,137
2,436
1,940
632
1,428
2,393
1,828
635
1,377
2,303
1,770
596
1,307
2,399
1,664
567
1,305
2, 236
1,618
570
1,261
2,172
1, 588
609
1, 236
2.284
1, 554
594
1,233
2 372
L498
580
1,227
2.270
1,427
571
1,214
2,191
1,434
583
1,234
2. 158
1,397
573
1,202
Estimated inventories:^
Unadjusted, total
Durable-goods stores
Nondurable-goods stores
do
do
do
Adjusted total
do
Durable-goods stores
.
do
Automotive group.
- .do__ _
Building materials and hardware group
mil. of dol._
Homefurnishings group
- do . _
Jewelry stores
do
Other durable-goods stores
do
10, 551
2,588
710
1,909
3,423
1,921
10. 275
2, 475
702
1,873
3,327
1,898
10,068
2, 386
699
1,941
3,193
1,849
9,866
2, 299
712
1,929
3,056
1,870
9,895
2 282
684
2,002
2,977
1,950
9,875
2,244
670
2, 096
2, 950
1,915
9, 864
2, 206
680
1,953
3,114
1,911
9,820
2,232
697
2,006
2,993
1,892
2,122
129
13
50
47
58
50
20
2,322
140
12
58
49
,50
53
25
2,348
174
15
68
62
58
51
23
2,534
179
19
71
53
61
53
27
2, 553
185
22
73
52
58
49
30
3,214
270
32
109
76
84
50
30
2,094
128
14
49
38
58
49
20
2, 090
119
13
47
37
58
46 !
22
576
258
685
308
694
313
784
350
838
363
1,196
479
do
do
do
do
89
71
158
839
73
47
107
96
174
886
77
51
112
95
174
888
72
46
123
121
191
910
79
50
128
144
203
919
63
46
187
145
385
1.018
52
65
524
226
„
do
-do
do
do
do
do
do
do
2,340
169
21
64
58
60
50
22
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
2,423
177
18
73
52
00
48
22
2.411
171
17
68
52
61
50
26
687
295
724
314
681
288
707
306
725
313
713
294
715
336
723
336
100
101
191
891
70
40
114
98
198
921
67
43
111
94
188
912
59
46
111
99
191
916
60
48
115
105
192
931
60
47
129
102
188
936
63
47
93
102
184
927
61
51
98 :
104 •
185 i
919
72 {
50 !
92
179
919
68
46
Nondurable-goods stores
- do _
Apparel group
do
Drugstores
__
-do
Food group
do
General-merchandise group _. _._ do_.
Other nondurable-goods stores
do
Firms with 11 or more stores :f
Estimated sales (unadjusted) total
Apparel group
Men's and bovs' we-^r stores
Women's apparel, accessory stores
Shoe stores
_.
__
Drug and proprietary stores
Eating and drinking places
Furniture homefurnishings stores
do
do
do
do
do
do
do
do
General-merchandise group
do
Department stores
do
Dry-goods, other g e n e r a l - m e r c h a n d i s e
stores
mil. of dol
Mail-order (catalog sales)
-. ..-do.. Variotv stores
Grocery stores
Lumber, building-materials dealers
Tire battery accessory stores
Estimated sales (adjusted), total
Apnarei group
_
Men's and bovs' wear stores
Women's apparel, accessory stores
Shoe stores
Drug and proprietary stores
Eatinf and drinking places
Furniture, homefurnishings stores
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 ..
Mail-order (catalog sales)
do
Variety stores
do
Grocery stores
- - - do . .
Lumber, building-materials dealers
do
Tire, battwv. accessory stores
do
85
135
905
49
35
r
r
r
2, 161
1, 358
r
575
1, 163
2, 185
1,478
587
1, 130
10,114
2, 392
"694
2, 091
r
3, 035
r
1, 902
10. 249
2,459
707
2, 025
3, 105
1,953
r
r
r
'9,812
2.146
706
2.113
3.002
1,825
9, 802
2,180
723
2,006
3, 055
1,838
10, 006
2,329
710
1,996
3,077
1,894
2,307
157
17
63
48
59
48
26
2,440
198
19
77
59
51
24
2, 586
176
17
73
57
60
53
31
2, 432
173
18
67
60
59
26
2 322
128
11
56
43
59
54
22
604
269
705
318
741
365
711
343
623
286
!
89
86
160
970
53
40
107
92
187
930
63
47
109
88
180
1 , 023
71
55
105
92
170
908
73
59
91
83
163
955
67
57
2,417 1
164
18
64
52 !
62 !
49
26
2, 352
156
16
(VI
51
60
48
28
2,442
170
17
68
53
62
51
26
2. 460
164
17
67
52
61
53
30
2, 553
174
18
70
57
62
52 '
28 !
2, 500
102
19
69
51
60
54
24
680
311 i
720
322
741
,>43
766
351
:
731
327
;
!
;
113
98
187
937
65
49
108
101
189
936
66
52
113 !
109 !
193 i
959
68 ;
56
99
113
192
985
62
48
533
224
76
87
146
897
51
36
!
I
i
98
1
i
i
r
r
5%
fRevised'series; see note marked "f'on p. S-8.
cf Retail inventories are not yet adjusted to the new retail sales series shown in this issue of the SURVEY; therefore, they are to be used
only in connection with the old series of retail sales (see pp. 16-20;.
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the SurveJ
September 1052
1952
1951
July
August
September
October
November
December
January
February
March
April
May
June
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:
Charge accounts
percent . .
Instalment accounts
do
Sales by type of payment:
Cash sales _
percent of total sales. _
Charge account sales
-do
Instalment sales
do
Sales unadjusted total U.S.f
\tlanta
Boston
Chicago
Cleveland
Dallas
Kansas City
Minneapolis
New York
Philadelphia
Richmond
St Louis
San Francisco
103
163
103
162
113
166
122
172
136
182
177
197
142
190
124
182
117
178
121
175
122
176
120
178
107
177
46
18
48
19
47
19
50
21
50
21
45
19
47
19
45
18
48
20
46
18
'48
19
46
18
46
17
50
41
9
48
41
11
47
43
10
46
43
11
47
43
10
49
42
9
48
42
10
48
42
10
48
42
10
48
43
9
47
43
10
47
43
10
48
41
11
84
90
73
85
84
96
85
81
74
r
75
86
85
93
93
99
82
95
94
104
102
97
80
83
95
95
101
112
116
110
114
114
124
119
112
106
112
118
111
108
112
116
105
112
115
119
117
118
108
114
121
111
107
134
138
129
133
140
144
131
120
131
144
145
130
125
184
203
188
176
181
203
185
166
179
185
192
168
189
83
90
81
81
87
95
86
72
80
81
80
81
83
83
93
75
80
83
93
85
83
82
82
83
80
86
92
108
87
89
95
105
93
80
85
97
96
89
90
103
118
103
99
104
114
104
MOO
94
103
110
101
103
108
122
102
104
105
125
112
105
95
108
115
106
113
105
117
103
103
105
116
106
96
95
102
114
103
108
84
P96
^73
82
82
104
93
83
69
76
87
^90
96
105
M13
106
100
107
114
104
101
103
105
105
104
r
106
109
110
108
108
108
115
111
109
106
111
121
106
106
107
111
100
106
108
115
112
101
101
107
109
105
108
108
111
103
110
112
114
110
104
103
108
114
105
106
112
121
106
111
114
129
116
107
104
109
118
109
114
109
121
106
109
109
122
113
104
103
105
109
107
110
108
118
102
105
115
122
115
97
100
110
114
111
106
106
111
100
104
108
115
106
113
100
110
109
100
108
105
113
104
103
106
115
105
94
97
109
114
99
102
103
115
99
100
104
114
104
98
96
102
108
98
105
108
127
101
104
103
128
112
104
96
107
116
102
118
111
138
103
105
112
132
114
100
98
107
122
111
114
105
P120
p 106
97
105
123
114
104
95
106
IOC
P 109
110
r
T
126
137
129
134
132
128
135
121
133
117
107
119
106
118
113
116
120
115
122
116
120
118
112
118
p 110
p 120
273, 067
79, 657
193, 410
328, 568
98, 508
230, 060
338, 278
100, 873
237, 405
374,319
117,371
256, 949
398, 865
121,494
277, 371
477,842
146,189
331, 653
248, 926
63,912
185,014
246, 182
67, 879
178, 303
279, 095
79, 273
199. 822
332, 482
93, 423
239, 059
368, 073
101,381
266, 692
354, 385
92, 345
262, 040
304. 313
82, 995
221,318
242. 6
216. 1
263.3
228.5
307.1
329 2
323.5
376.7
305.9
376.3
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
453. 7
534.4
468.5
606. 5
340.8
314.0
386.4
315.7
386.8
248.5
228.4
273.8
236.3
276.8
328. 3
301.3
342.2
315. 1
376.1
263. 3
242. 7
296.1
240.0
284.7
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
319.7
280.2
344.5
306. 6
273.2
345. 2
281.9
366.1
283.9
253. 5
301.8
269. 8
327.7
316.5
282.3
364. 1
304.5
365. 7
308. 3
280. 0
345. 4
286. 9
370. 7
347. 6
322. 6
421.7
313.2
409.6
249. 5
215. f
270. 5
234. 6
313. 6
338. 5
322. 8
387. 0
314.1
384.3
7,980
2, 508
5, 472
10,097
5, 019
5, 078
9,124
2.889
6, 235
9,987
4, 867
5,120
8,925
2, 836
6, 089
10,059
4,792
5, 267
10,129
3, 103
7, 026
10, 1 1 6
4,723
5,393
9,795
2,812
6, 9S3
10, 077
4, 650
5,427
9,237
2,516
6,721
9,861
4,606
5,255
8, 681
2, 375
6, 306
10.012
4,823
5, 189
8,197
2,465
5, 732
9,870
4,800
5,070
8,091
2, 537
5, 554
9, 959
4, 924
5, 035
S, 174
2, 726
5. 448
9, 776
4, 963
4,813
8,097
2, 656
5, 441
9, 452
4,844
4, 608
8 , 213
2, 674
5, 539
9, 349
4, 700
r
4, 649
8 549
2, 666
5, 883
9. 206
4.517
4,689
1947-49—100
do .__
do
-do. _
do
do _
- do _ _
do
do
do
do_.
do
do_ _
Sales adjusted, total U. S.f
Atlanta
Boston
Chicago
-Cleveland
Dallas
.
Kansas City
Minneapolis
__ _
New York
Philadelphia
Richmond
St Louis
-_San Francisco
Stocks, total U. S., end of month:f
Unadjusted
Adjusted
.
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 U. S., adjusted
East
South
Middle West
Far West
-do _
do
-do
do
do
do
do
_do.
do
__do
do
do
do
do
do
thous. of dol .
do
do_
1935-39=100. .
do
do _ _ .
do
- do___
do....
do _.
do
do
do
r
WHOLESALE TRADE*
Sales estimated (unadj ) total
mil. of dol
Durable-goods establishments
do
Nondurable-goods establishments
do
Inventories estimated (unadj ) total
do
Durable-goods establishments
__ _ _ do
Nondurable-goods establishments
- do
r
T
r
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. armed forces overseas
thousands. . 154, 353
154, 595
154. 853
155, 107
155, 356
155, 575
155, 783
155, 997
156, 197
156. 405
156, 602
156,804
157.015
108. 856
51, 798
57, 058
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 62?
109, 556
51,872
57. 684
109. 692
51,948
57, 744
64. 382
44. 602
19, 780
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
62, 526
43, 504
19. 022
62, 630
43, 764
18, 866
61,580
42, 830
18, 750
61,836
42, 632
19, 204
61 , 336
42, 344
18. 992
61,014
42, 106
18, 908
59, 726
41, 480
18, 246
59. 752
41, 482
18, 270
59, 714
41,586
18, 128
60, 132
41, 898
18.234
61,176
42, 290
18, 886
62. 572
43, 326
19, 246
62. 234
43, 476
18. 758
7,908
54, 618
1,856
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. 412
53, 720
1,612
6,960
54, 216
1,602
8,170
54,402
1,818
7 598
54, 636
1 942
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
Employed
Male -. .-.
Female
_. _
do._
_ _ d o ...
do
__ _
Agricultural employment
Nonagricultural employment.
Unemployed
do
do
do
do
..do ...
do
44, 474
Not in labor force
do _ _
44, 688
45, 770
45. 612
45, 958
46. 512
47. 480
47. 436
47. 584
47. 756
46. 648
45. 166
45.516
Revised.
» Preliminary.
jRevised 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. Pubished 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 SURVEY.
*Data on total wholesale trade have been substituted for the series on service and limited-function wholesalers. Figures through 1950 appear on pp. 23and 24 of the October 1951 SURVEY.
T
SUEVEY OF CURRENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-ll
1951
July
August
September
1952
October
November
December
January
February
March
April
May
June
July
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__
M^ in ing total
do
Metal
do
Anthracite
do - _
Bituminous coal
do
Crude-petroleum and natural-gas production
thousands
Nonmetallic mining and quarrying
do
Contract construction
do
Transportation and public utilities
do
Interstate railroads
do
Local railways and bus lines
do
Telephone
do_
Telegraph
do
Gas and electric utilities
do
Trade
do
Wholesale trade
_
do_
Retail trade
do
General -merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers_do
Finance
do _ _
Service
-do.
Hotels and lodging places
do
Laundries
do _
Cleaning and dyeing plants
do
Government
do
Total adjusted (Federal Reserve)
_ do
Manufacturing
_
do
M in in g
do _
Contract construction
do _
Transportation and public utilities
do_ _
Trade
do___
Finance
do
Service
_
._ _ d o _
Government
do
Production workers in manufacturing industries:
Total (U S Dept of Labor)
thousands
Durable-goods industries
do
Ordnance and accessories
do
Lumber and wood products (except furniture) _ _ _
-thousands
Sawmills and planing mills
do
Furniture and fixtures
_. _ - do
Stone clay and glass products
do
Glass and glass products
_ __ _ do
Primary metal industries
do
Blast furnaces, steel works, and rolling
millst
thousands
Primary smelting and refining of nonferrous metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
thousands..
Heating apparatus (except electrical) and
plumbers' supplies
thousands
Machinery (except electrical)
do
Electrical machinery
_ __ _ _ _ do ...
Transportation equipment
do
Automobiles
do
Aircraft and parts
do
Ship and boat building and repairs do _
Railroad equipment
do
Instruments and related products
do
Miscellaneous mfg. industries
do
Nondurable-goods industries _ '_ do
Food and kindred products
do
Meat products
do
Dairy products
do
Canning and preserving
do
Bakery products
_
_
_ do _
Beverages
._
do
Tobacco manufactures
do
Textile-mill products
__
do _
Broad-woven fabric mills
_
do
Knitting mills
do
Apparel and other finished textile products
thousands
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
thousands. _
Women's outerwear
do
Paper and allied products
do
Pulp, paper, and paperboard mills___do
Printing, publishing, and allied industries
thousands.Newspapers
do
Commercial orbiting
do
46, 432
15,813
8, 839
6,974
906
105
66
359
46, 724
16, 008
268
108
2,754
4,176
1,468
141
648
49
534
270
9,667
2,594
7,073
1,407
1,268
756
1,908
4,852
510
369
158
6,356
46, 602
16, 026
899
2,574
8,878
7,130
922
105
68
370
110
269
269
110
109
2,761
4,166
1,440
2,768
142
652
48
535
9,641
2, 596
7, 045
1,399
1,260
757
1,914
' 46, 355 ' 46, 378 v 45, 941
46, 299
' 15, 680 '15,487 p 15,104
>• 15, 795
' 8, 689 p 8 251
'9 054
'9,012
p 6, 853
668 ' 6, 798
' 6, 741 ' 6,
r
r
893
f 790
896
'827
'80
' 107
p 78
' 107
916
106
67
369
6,830
909
107
67
367
6,849
902
107
62
366
269
269
267
267
266
107
105
2,518
4, 161
1,426
101
2,316
4,103
1,394
2,308
2,296
4, 165
1,428
4,111
1,392
4,118
1,395
'267
105
' 2, 416
r 4, 096
1,404
139
648
8,976
2,633
9,000
15,859
9 010
101
101
60
357
141
648
47
532
141
649
48
529
141
653
47
528
141
654
47
527
141
653
47
526
141
660
47
526
139
664
526
528
9,781
9,893
2,622
10, 109
2, 657
9, 668
2, 623
9,845
7,271
1, 550
1,281
748
1,898
9,720
2,622
7,098
9,643
2,624
7,187
1,487
1,274
754
1,898
4,831
10, 660
2, 657
8, 003
7,045
7,240
1,437
1,287
738
1,937
4, 681
1, 527
1,295
r
"37
2,594
7,452
1,701
1,295
759
1,907
2,092
4,702
426
356
154
6,401
6, 497
46, 555
15, 893
46, 465
15, 801
46, 415
15, 748
46, 482
15, 761
914
912
2,587
914
2,630
4,157
9,791
1, 908
9,770
4,783
6,526
4,746
6,517
4,758
6,544
13, 087
12, 997
12,904
7,279
7,296
44
47
7,314
50
13, 069
7,261
41
r
15,869
9,035
6.834
904
107
67
363
4,734
430
357
157
1,895
4,791
46, 001
45, 899
4,770
437
360
159
6,532
6,496
47, 663
15, 913
45, 913
15, 776
8 946
473
362
157
6,544
4,839
507
365
153
9,822
38
6,913
917
105
67
368
4,178
1,457
4, 134
12,885
7,226
7,023
917
104
67
367
6,914
917
104
68
367
2,809
9,837
1,880
46, 852
15, 890
4,190
1,468
2,601
4, 143
4,780
6,472
46, 902
15, 965
8 942
46, 956
16, 039
8 913
7,126
4,173
1,917
916
2,581
4, 169
9, 827
1, 926
1,316
768
1,912
1,472
1,282
749
1,909
4,671
7,019
1,416
1,286
743
1,919
6,881
424
356
154
6,509
4,667
428
354
153
6,490
46, 608
46, 471
46, 594
46, 552
15,811
916
15.830
916
1, 931
2, 545
4,139
9, 852
1,919
15,877
912
2,593
15.894
911
2, 569
4, 161
1,929
1,937
4,749
6,578
4,742
6,528
4,738
6, 538
4,728
6,543
12,911
7,322
12,766
7,264
12, 820
12.815
7,306
52
54
55
7,316
56
670
9,893
4,147
9,860
2, 605
r 1,952
4,748
' 438
358
r
161
6, 551
430
353
154
6,528
2, 523
4,154
9,862
748
754
745
740
719
443
284
478
124
443
285
482
130
439
289
479
128
428
294
472
125
696
654
449
285
484
130
668
412
296
465
123
391
296
452
119
396
296
447
120
398
296
449
121
1,155
1,165
1, 162
1,160
1,149
1,164
1,162
1,160
1,154
572
575
573
570
558
573
570
570
47
48
47
47
47
17
47
813
817
810
809
805
806
123
1,235
122
1,209
121
1, 219
120
1,242
120
1, 255
119
1,269
' 46, 556
r 15, 931
'899
-2,517
'4, 116
r 9, 849
r 1,942
4,748
6, 554
266
106
' 2, 520
' 4, 134
'1,416
138
669
' 530
9,773
2,601
7,172
1,466
1,296
'741
r
1, 958
4,795
'449
363
'164
6,602
65
'305
271
106
' 2, 663
' 4, 163
1,395
137
674
45
538
9,836
2,618
7,218
1,457
1,296
'751
1,978
4,839
476
368
166
6, 585
r
r>
272
* 107
P 2, 729
M, 124
p 9, 781
p 2, 622
p 7, 159
p 1,417
p 1 , 297
"750
p 1,996
p 4, 859
p 6, 558
' 46, 625 ' 46, 435 p 46, 104
' 15, 896 '15,624 P 15, 305
'824
'894
»783
2,550
' 2, 495 ' 2, 536
4, 083
' 4, 134
'4. 137
9, 953
' 9, 962
'9,912
1,967
1,958
' 1, 948
4,791
4,771
4,787
6, 600
6, 572
6, 676
' 12, 733 ' 12, 606 '12,393
' 7, 280 ' 6. 947
' 7, 329
59
58
'61
'706
428
288
' 453
124
'749
p 1 2 004
p 6. 51 4
p 59
678
'405
'292
M52
123
1, 143
'644
394
'287
'449
'123
' 1, 146
567
558
'561
182
48
47
48
48
48
804
807
807
806
797
'787
115
1, 276
116
1,281
116
1,280
115
' 1,282
714
r
1,r 288
663
'430
128
57
236
380
113
'1,271
709
1,308
'670
' 436
133
'61
'234
' 376
116
'1.260
' 706
' 1,324
674
444
135
fil
' 235
378
'T 5, 404
1,057
r
233
'100
r
114
' 186
r
136
77
' 1,093
507
210
' 5, 326
'1,073
' 230
107
' 122
184
146
77
'1,084
503
209
' 5, 44C»
r> 5, 490
' 1, 134 Pi 1 98
23?
113
159
191
1 53
78
p 79
' 1 085 p 1 , 078
506
212
'996
121
'961
'113
'973
119
p 978
239
275
398
206
237
'254
398
207
240
253
' 403
209
p 393
507
152
166
'508
'154
167
'512
154
167
684
696
707
707
718
720
725
727
722
1,187
1,198
1,211
1,205
1,234
1,235
1,235
1,251
1, 266
684
347
101
47
675
357
99
57
679
360
102
60
667
362
104
62
055
395
111
63
645
407
in
63
633
415
115
62
630
424
122
61
643
428
126
61
221
383
224
388
226
388
228
390
230
388
232
381
232
374
233
381
234
382
5, 659
1, 225
5,808
5,808
1, 160
5, 589
1,122
233
114
305
192
161
84
235
108
330
193
156
89
252
9f>
120
190
146
85
5,514
1,060
236
103
238
195
150
89
246
99
145
192
147
85
5, 502
1,068
5,499
1,330
5,701
1,254
5,590
1, 307
236
116
226
192
161
75
246
94
106
187
136
82
244
95
105
187
134
80
239
96
104
189
138
78
1,167
1,152
1, 136
1,132
1,141
1,131
1,113
546
209
544
209
1, 123
561
212
551
205
1,133
574
210
548
211
540
209
527
210
518
210
990
129
1,047
139
1,037
138
1,019
131
1,008
117
1,035
123
1,029
127
1.052
128
1,051
127
233
271
418
214
238
295
419
215
239
284
416
214
238
270
413
212
233
279
411
212
235
296
410
212
228
300
405
211
233
309
404
210
238
306
401
208
507
151
509
151
515
153
517
153
519
154
520
155
510
151
507
152
508
152
167
166
167
169
170
171
170
166
167
1,057
T
T
T
' Revised.
» Preliminary.
^Figures for 1939-46 on the revised basis for the indicated series, available since publication of the 1951 STATISTICAL SUPPLEMENT, will be shown later.
66
349
p 700
t> 286
M50
P 724
"723
p 1,223
v 683
p 1 , 062
• 232
p 372
v 51 1
SURVEY OF CURRENT BUSINESS
S-12
September 1052
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
July
August
September
October
November
December
January
February
March
April
May
June
July
EMPLOYMENT AND POPULATION—Continued
j
EMPLOYMENT— Continued
Production workers in mfg. industries— Continued
Total (IT. 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) f
1947-49=100..
Manufacturing production-worker employment
index, adjusted (Federal Reserve) t- 1947-49= 100.
526
172
198
154
217
90
336
215
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
104.2
105.7
105.8
105.1
104.8
103.9
103.4
326, 930
140, 248
129, 429
314,679
135,562
124, 067
2,341
254
2,330
250
106.0
Miscellaneous employment data:
Federal and State highways, total §
number. _ 323, 393
Construction (Federal and State)
do .. 138, 673
128, 024
Maintenance (State)
do
Federal civilian employees:
2,334
United States
thousands
258
Washington, D. C., metropolitan area._do
Railway employees (class I steam railways):
1,330
Total
.-- -thousands. .
Indexes:
127.0
Unadjusted
1935-39=100
124.3
Adjusted
_ d o ..
517
161
165
r
123
213
530
163
197
155
213
r
95
336
217
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
104. 3
104.4
103.2
103.6
103.6
102.9
10b.3
103. 5
103.6
103.8
103.7
' 104. 0
303, 304
128, 757
121, 524
273, 542
99. 528
1 20, 521
246,185
75, 055
118,551
230, 985
59, 281
118,621
227, 488
59, 491
115, 126
239, 087
68, ,500
116,987
270, 654
99, 013
118,411
2, 335
249
2,342
249
2,344
248
2,359
249
2,370
248
2.381
249
2,389
248
2,392
248
1,293
1,285
1,257
1,252
1,255
1,265
1,277
i 1, 257
1 213
120.5
122.5
121.8
122. 3
P 120 0
v 118. 3
p 11 5 9
P 113 5
128. 1
128.2
r 126. 8
P 120. 5
39 8
40 8
43 4
40 2
41. 1
43 8
40 4
41 1
r 43 5
P 39 Q
p 40 2
P 40 3
' 42 1
42 0
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40 S
39 3
r 39 1
Ml 7
p 508
330
213
'513
163
r
194
153
r
215
95
339
221
101.9
r 100. 2
P 97. 0
103. 6
'101.3
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r 95
r
P igf;
P 203
p 346
290, 592 p 316, 638
113,876 p 1*>9 607
122, 354 P 128, 338
1, 332
1,321
1,305
127.1
124. 5
126.1
123.1
124.6
120.5
123.3
122.2
122.2
124.2
119 9
124.6
119.4
122.3
119.7
122.7
126.4
128.4
130.9
129.8
129.8
132. 9
130.4
131.0
131.9
40.2
40.9
43.1
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
39.6
39.7
41.4
40.4
41.1
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. 9
39.2
41.2
40.8
40.4
42.0
41.2
40.0
42.2
40.1
39 5
41 5
40 6
38.8
41 5
40.6
40. 1
41 5
41.0
39.6
41.2
40.4
39 9
41 3
41.1
39.9
41 4
MO.
7
r
40.3
40
6
T
40 5
r
38. 9
T
39 0
«•r 41.0
40.9
r
40 9
40. 9
T
39. 7
r
39. 6
40.8
40.2
41.0
40.4
41.0
41.9
40 8
40.6
41 4
r
37. 4
r
38.1
40.9
41.4
40.4
41.6
41.1
41.4
41 5
41.6
41.8
T
41.5
r
41.0
41.3
41.7
41.7
41.4
42.3
41.8
41.8
41.7
39.6
43.0
40.4
39.9
37.9
43.7
40.4
40.7
41.8
39.9
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
4!. 3
40.4
42.9
40.9
41.3
41.7
40.9
r
39.3
42.2
41.8
45. 4
40.8
42.2
42.0
37.6
37.7
38.3
35.4
39.1
42.0
41.3
44.9
41.7
41.9
41.9
38. 5
36.7
37.1
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39.4
42.8
41.9
45.0
43.5
42.1
41.8
39.5
36. 9
37. 1
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42.0
41.5
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42.5
41.7
40.8
39.7
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44. 1
43.8
37.0
41.5
40.6
39. 3
37.8
37.6
37.3
39. 9
42.3
44.2
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41.5
40. 8
39. 5
39. 3
39. 3
37.8
39. 5
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38.8
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37.2
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38.4
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r
43. 8
r
37. 5
41.1
40. 6
' 34. 6
35.4
36.2
35.8
35.0
35.6
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34.6
32. 5
35. 5
32. 2
36. 2
33.7
36. 0
33.4
36.7
34.7
36. 8
35. 3
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34.9
42.8
44.5
35.3
35. 4
42.6
44.1
35.5
34.4
42.8
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35.0
32.8
42.5
44.0
35. 6
34.6
42.4
43.8
35. 8
35. 8
42.8
44.2
35. 7
35. 9
42. 5
43. 6
36. 5
36. 4
42.4
43.6
36. 7
36. 2
42.6
43.8
38.6
36.3
39. 8
41.6
41.3
41.8
41.6
41.0
41.4
37.1
36.3
38.7
36.3
39.9
41.5
41.0
40.6
40.2
40.7
41.2
36.4
35.4
39.2
36.9
40.5
41.7
40.8
41.4
41.1
40. 9
40.9
35. 9
34. 6
38.6
36.7
39.5
41.8
40.3
40.9
40.4
40.3
39. 9
35. 4
33.9
38.7
36. 7
39. 9
41.8
40.4
40. 7
40.6
-10. 5
40.5
35. 6
33.9
39. 4
37. 5
40. 7
41.8
40. 7
41. 2
41.3
41.2
41.0
37.8
36. 9
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 j
40. 3
39.8 '
38. 7 i
38. 7
T
2,419
251
r
2 4^0
251
PAYROLLS
Manufacturing production-worker payroll index,
unadjusted (U. S. Dept. of Labor) f-1947-49=100. .
T
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)
. --.
- - _hoursSawmills and planing mills
do .
Furniture and fixtures
do
Stone, clay, and glass products
do
Glass and glass products
- do .
Primary metal industries
do
Blast furnaces, steel works, and rolling
millsj
hours
Primary smelting and refining of nonferrous
metals
hours
Fabricated metal prod, (except ordnance, machinery, transportation equipment) hoursHeating 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 buildingand 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-wovon fabric mills
Knitting mills
do
do
do
do
do
_ _ .. __ do
do
do
do
do
do
_
_
..
_.
Apparel and other finished textile products
hours. .
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
hours
Women's outerwear
do
Paper and allied products
. . d o _.
Pulp, paper, and paperboard m i l l s - _ _ d o
Printing, publishing, and allied industries
hours- 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
r
J
Revised.
*> Preliminary.
Excludes data for Colorado and Wyoming.
JSee note marked "i" on p. S-ll.
t Revised series. Indexes have been shifted to new base period; monthly data beginning 1939 will be shown later.
§Total includes State engineering, supervisory, and administrative employees not shown separately.
r
T
41.6
41 3
41.2
MO. 7
39.0
42.8
40.7
MO. 7
' 39. 9
r
42.0
40. 5
40.3
41.4
40.1
40.0
42. 8
40. 6
41. 1
40.2
42. 6
41. 1
40.4
41. 7
40. 5
40 0
T
42. 7
r
40 7
* 40. 7
39 5
4? 5
40.9
40. 3
* 41 6
40. 4
38. 9
41 3
40. 9
44.4
37.5
41.7
41.8
37.9
37.7
37. 1
36. 9
f 39 5
36. 3
33.0
36. 3
34. 3
r
37. 1
36. 2
r
35. 0
32.9
r
T
r
35. 8
34. 2
41.4
42.2
36. 9
36. 1
41.8
42.6
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. 8
40.2
37.3
35. fi
r
40. 1
r
39.5
37.1
36. 5
r
r
p
37 1
33 7
40.7
r
r>
40 0
P 40 1
p40. 5
P 41 8
r> 39 8
P 39 7
P 41 1
p 39 9
i' 3Q o
r 4-1 3
r
r
41 4
45 4
39 6
42. 2
49 6
38 6 j
38. 3
37 6
37. 6
37 •>
35 1
42. 4
43. 3
* 38. 8
40.3
MO. 9 i
40. 3
r
40 7
40.5
r
40 7 i
40 5
' 38. 1 i
37.7
P 39 fi
'"' 38 2
P 36. 1
p 42 2
" 38. 7
r- 40." 7"
i' 40 9
Ml 2
P 38. 6
SURVEY OF CURRENT BUSINESS
September 1952
Unless otherwise stated, statistics througli
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-13
1952
1951
July
August
September
October
November
December
January
February
March
April
May
June
July
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
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
_
do
Telegraph f
do
Oos and electric utilities
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
hours
Oeneral-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 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-davs idle during month
do
Percent of available working time V. S. Employment Service placement activities:
Nonagrictiltural placements
thousands _
Unemployment compensation (State laws):
Initial claims
do
Continued claims
do
Benefit payments:
Beneficiaries, weekly average
do
Amount of payments
thous. of dol
42.0
35.3
32.7
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
r
43 1
28. 1
••29.9
' 44. 1
33.8
'30.4
42.0
'30.3
27.1
42.1
45.8
39.0
42.9
38.1
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
41.8
44.0
37.9
38.9
37.7
41.7
43.7
37 9
39.6
37 5
40 8
44.3
38 3
40.2
37 9
41 6
43.8
37 1
38.5
36 9
' 41.1
44.8
'38 0
'r 39. 8
37 6
'40.7
45.9
'38.7
41.5
r
38. 1
41.6
45.8
39.0
42.3
38.9
46.5
39.8
44.8
42.0
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
T
r
41 5
46.8
39.1
44.5
41 5
40.7
40.7
40.9
40.8
40.8
41.1
40.7
40.4
40 4
40.3
40.4
40.8
37.1
41.1
45.3
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. 1
39.7
45.3
40.1
37.0
40.0
45.4
39.8
35.8
39.4
44.9
39 8
35 9
39 4
45.0
39.8
35 8
39 5
45.1
r
39.
r
7
36 0
39.6
' 45.4
'39.6
35 8
r
39 1
45.4
40.2
36.7
39.9
45.6
43.4
41.3
41.6
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
42.8
40.9
39.8
42.5
40 9
40. 1
r
42. 8
r
41. 1
r
T
41.3
42. 7
41 4
'42. 1
42.9
41.9
42.8
450
284
505
213
457
215
487
248
305
84
186
82
400
190
350
185
400
240
475
1,000
475
300
425
170
425
125
644
345
1,880
.22
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
600
250
1,250
. 14
550
250
1,270
. 15
600
320
1,400
. 17
650
1,200
5 300
.61
675
1 200
7 500
90
650
1,000
14, 000
1.68
12, 500
1.44
1
46 1
'34.9
46 5
'38.7
41 4
40.1
050
850
586
628
621
610
498
426
473
427
465
566
572
581
556
1,086
4,042
950
4,071
724
3,329
902
3,692
948
3,817
1, 152
4,114
1,382
6, 157
890
5 169
867
4 834
1,109
4 825
915
4 445
978
4 255
1 585
4 961
748
65, 922
801
75, 131
758
62, 049
713
67, 449
749
68, 607
797
70, 624
1,185
116,469
1,146
105, 023
1,113
101, 564
993
94, 385
918
86 958
918
83,511
871
88, 612
Veterans' unemployment allowances:
Initial claims
thousands
Continued claims
do
A m o u n t of payments
thous. of dol
1
5
105
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 ..
Lay-offs
do
Quits
_do___
Military and miscellaneous . . ..
do
4.2
4.4
.3
1.3
2.4
.4
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
3.0
3.5
.3
1.5
1.4
.3
64.24
68. 79
73. 10
64.32
69. 55
73.71
65.49
71.01
76.47
65.41
71.10
75.50
65. 85
71.05
75.68
57.43
57.46
55.74
65. 04
67. 14
74. 76
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
77.64
75.25
78.72
69. 90
70.46
68.64
(2)
(2)
(i\
(2)
(2)
(2)
3
65
3
54
2
44
1
31
4.4
4.0
.3
1.4
1.9
.4
3.9
3.9
.3
1.3
1.9
.4
3.9
3 7
.3
1 l
2.0
3
3.7
4 1
.3
13
2.2
3
3.9
67.40
72.71
77. 62
66. 91
72.15
77 26
66. 91
72. 18
78 76
67.40
72 81
78 85
65. 87
71 07
77 04
r 71. 76
60. 86
60. 56
58.81
65 03
65. 50
75 23
60.18
£9.47
60.48
65 30
66 28
77 73
57. 02
56 56
59 84
64 35
64 14
76 86
59. 11
58 47
60 26
65 23
65 54
75 85
59. 59
58 85
60 67
65 76
66 59
76 55
61. 13
60 37
59 48
64 88
65 16
71 53
' 59. 74
' 60. 53
'r 59. 75
65 52
' 66. 22
' 73. 02
75.79
77.49
79.44
77.93
76.53
78.33
r
70. 16
' 71. 89
64.47
70.47
69 95
71 58
73 54
73 17
74 03
r 73 33
' 73. 96
73 89
q Q
q
1
28
1
25
'4.9
39
.3
P4.4
P4 7
p 3
P 1 9
p 2 2
P 3
r
-j
r I I
2 2
'2.2
3
•j
WAGES
Average weekly earnings (U. S. Department ol
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 millsj
dollars..
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
dollars...
Heating apparatus (except electrical) and
plumbers' supplies
dollars. .
Machinery (except electrical)
do
Electrical machinery..
. do
Transportation equipment
do
Automobiles
do
Aircraft and parts
do
Ship and boat building and repairs... do
Railroad equipment
do
Instruments and related products
do
Miscellaneous mfg. industries
do. _ .
r
66. 61
78.40
66.98
p 65. 84
' 71 80 p 69 67
r 78 08
P 76 22
' 64. 37
04 93
v 63. 72
r 60 00
P 58 50
p 64 72
' 65 85
66 TO
' 71 55 p 67 2G
67.98
68.68
70.14
70.39
69.92
71.78
71.06
71.27
71.43
69.64
70.78
'69.80
v 68. 85
67.40
75.42
66. 13
67.23
75.94
66.34
69.89
77.24
68.06
70.65
77.86
68. 27
69. 53
77 63
69. 10
71.49
79 95
69 97
70.07
79 81
70 22
69.85
79 70
69 93
70. 35
80 00
70 43
r
67. 74
69.64
78 88
68 82
69.72
T 78 87
r 69 35
•p 77 ()8
-p 67 4(j
74. 33
73. 30
77.48
71.59
75. 82
68. 18
56. 46
76.36
76 31
77.48
71.96
77.05
68. 51
56.82
77.43
77 53
79 28
71.52
76. 96
69. 93
57.61
77 14
77 34
78 07
73. 57
77. 06
70.26
58. 18
77 05
76 44
79 85
72.37
76. 49
70. 98
58.71
79 48
79 91
80 57
74. 12
77.81
71.70
60. 53
79 47
80 55
79 T3
74. 85
76.79
71.02
59. 94
79 24
79 83
80 01
74. 32
78.12
71.02
60 18
80 08
80 84
80 57
76.81
78.55
71.47
f,n 57
r 7g 47
r 79 68
r 78 OH
79 49
80 48
79 66
76. 32
75. 99
71. 85
r -g qg
p 77 02
r 78 62
59 03
r
r
75. 01
T
76 25
' 70. 71
T AQ 31
60 47
7Q 4.*}
79 52
75. 95
77.13
' 72. 13
r (\0 44
p 71.60
r> ?,Q '«
Revised.
» Preliminary.
i See note "f" for this page; comparable figure for December 1951, 43.8.
2 Less than 500 claims.
,. .t.Revised series. Beginning 1952, data cover all domestic (land-line) employees except messengers and those compensated entirely on a commission basis; earlier data exclude general and
divisional headquarters personnel and trainees in school.
*New series. Data beginning 1947 will be shown later.
tSee note marked "|" on p. S-ll.
SURVEY OF CUREENT BUSINESS
S-14
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September 1952
1951
July
August
September
1952
October
November
December
January
February
March
May
June
July
' 58. 71
' 62. 80
' 67. 78
' 62. 24
' 50. 44
'r 60. 25
73. 81
r
41.45
r
49. 85
r
49. 08
r
45. 94
' 59. 52
' 63. 97
r
69. 24
r
63. 14
r
48. 71
T
61.55
r
76. 95
' 45. 40
'50.71
r
49. 34
46.79
' 60. 87
r 65. 73
70.34
64. 88
52.47
62.25
79.19
' 46. 82
' 51. 44
50. 12
47.30
v 61. 26
v 66. 17
T
44. 98
48. 48
' 45. 30
50. 83
p 46. 03
April
EMPLOYMENT AND POPULATION—Continued
WAGES—Continued
Average weekly earnings, etc.— Continued
All manufacturing industries— Continued
Nondurable-goods industries
dollars _
Food and kindred products
__
do
Meat products
do
Dairy products
do
Canning and preserving
do
Bakery products
do
BeVerageS
dO
Tobacco manufactures
do
Textile-mill products
- _ _ _ do __
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars__
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
dollars
TVomen's outerwear
do
Paper and allied products _
_
do_ _
Pulp paper and paperboard mills do
Printing, publishing, and allied industries
dollars-Newspapers
do
Commercial printing
do
Chemicals and allied products
_
do
Industrial organic chemicals
do
Products of petroleum and coal
do
Petroleum refining
do
Rubber products
do
Tires and inner tubes
do
Leather and leather products . _ _ _ do
Footwear (except rubber)
do
Non manufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars. .
Nonmetallic mining and quarrying
do
Contract construction
do
Non build ing construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph f
do
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
dollars
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers do
Finance:
Banks and trust companies
do
Service:
Hotels, year-round
.do
Laundries
do
Cleaning and dyeing plants
do
Average hourly earnings (U. S. Department of
Labor):
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
Blastfurnaces, steel works, and rolling millst
dollars..
Primary smelting and refining of nonferrous
metals
_
_ dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
dollars ..
Heating apparatus (except electrical) and
plumbers' supplies
dollars. .
Machinery (except electrical)
do
Electrical machinery
do
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
58.48
61.65
68. 26
62.02
49.20
58.15
75.64
44.03
49.58
50.25
44.57
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
58. 69
75.11
44.75
48.74
48.75
44.84
58. 00
61.91
67 65
60. 60
56. 87
58. 38
72.54
45.30
49.29
48.77
46.06
59. 07
63.34
73. 51
60. 09
47.80
59.26
74.54
46.26
50.46
50.01
47.56
60.45
64.13
73. 06
61.48
51.02
59. 43
73.48
46. 53
52. 70
52. 62
48.08
60.04
45.10
52.82
46.11
51.56
45.89
51.98
43.70
47.81
45.12
47.59
46. 26
49.98
36.15
52.35
65. 44
71.73
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
75.50
82. 36
74. 86
69. 01
73.06
84. 06
87.94
70.81
83.67
47.12
44.39
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
72.32
79.50
73.71
75.74
58.52
77.23
76.43
60. 36
81.61
83.32
68. 84
83.73
84.81
83.63
78.15
69.59
84.46
85.27
84.31
73.19
59.30
71.23
71.82
72.72
58.84
70.47
71.73
64.55
64.51
65. 64
65.44
65. 52
65. 58
66. 42
66. 13
51.49
38.51
55.44
66.91
51.37
38.01
55.23
67. 18
50.80
37.19
54. 24
67.94
50. 43
36. 56
53. 90
67. 24
49.92
36. 12
54.35
67.13
49.92
37. 52
54. 44
67. 06
51. 22
38. 27
54. 53
66. 68
50.50
50.28
50. 36
50. 78
51.13
51.81
52. 05
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
46.40
50.00
47.56
51.67
47.36
52.63
r
r
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
r
38. 02
M7.81
' 65. 33
' 69. 88
39.26
T
49. 67
' 66. 38
71.14
39.39
49. 18
' 67. 80
73. 05
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
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
r
78. 21
r
69. 09
r
73. 20
r
82. 34
rr 85. 68
71.40
'81.90
'r 48. 53
46. 57
' 79. 75
r
87. 24
T
79. 88
' 69. 56
T
73.41
75. 16
76.22
r
72. 74
r
83. 11
' 48. 49
r
46. 06
r
76.10
78.24
80.62
74.43
81.84
81.09
79. 43
69.98
86.28
79. 12
73. 58
79.25
68. 97
80.27
80. 59
67. 00
79.26
' 77. 67
62.52
' 66. 68
'79.91
75.81
r
67. 18
77.57
67.14
61.35
83. 68
70. 63
85.19
84. 72
85. 42
78.93
71.72
86. 26
86. 61
86. 20
79.02
68. 35
81.66
79.30
82. 26
83. 85
67. 32
83. 83
79.08
84.94
84. 53
66. 69
82. 29
67. 60
85. 95
82. 73
86. 60
84. 57
67. 50
83.51
79.46
84. 57
r
r
r
83. 10
69.31
85. 20
' 82. 43
r
85. 92
' 82 25
'71.15
r
86. 42
T
85. 57
T
86. 83
86. 53
72.04
88.11
87.10
88.34
73.11
59. 97
72. 33
72. 88
73.23
59.94
72. 34
72.92
73.11
60.84
72.13
73.29
75. 35
59. 44
72.21
73. 63
73. 52
59. 83
70.90
72.82
74.89
59. 29
71.02
73.28
r
r
74. 31
53. 92
'76.07
r
60. 60
76. 33
60. 92
r
73. 24
T
66.62
r
66. 49
50. 98
37. 44
54.45
67. 37
50.90
37. 20
54.87
67.74
' 50. 97
' 37. 04
' 55. 16
r
69. 28
52.14
52.30
r
63. 40
69.66
62.79
50. 35
59. 04
72.94
45. 27
52. 40
52. 10
83.13
78.18
69.06
72. 11
82. 66
86.67
74.19
86.99
49. 54
47. 52
86.39
84.74
81.26
85. 35
1
73. 92
59. 68
70. 77
73.20
r
r
r
r
r
r
79. 93
87.09
80.72
r
70. 39
73. 95
r
84. 37
88.21
' 74. 48
86. 35
r
50. 22
48.11
73. 79
74.91
66.90
67.43
51. 80
38.31
54. 97
71.37
53. 10
39. 67
58.82
72.28
52. 03
r
52. 13
52.02
r
36. 81
38. 96
46. 56
37.19
39. 51
47.38
r 67. 90
P 79. 99
p 70.33
P 86. 46
p 75. 27
P 50. 33
35. 46
37.83
44.26
35.29
37.38
42.56
35. 78
37.87
44.72
35. 91
37.73
44.36
36.20
37.93
43.71
36.81
38. 34
44.14
36. 47
38. 55
44.08
36.59
37. 96
43.14
36.38
38. 00
43.39
'r 36. 72
38. 47
r
45. 22
1.598
1.682
1.696
1.596
1.684
1.679
1. 613
1.707
1.730
1. 615
.705
.716
1.620
1.712
1.724
1. 636
1. 72.0,
1.721
1. 640
1.726
1.740
1.644
1. 731
1.762
1. 656
1. 746
1.780
r
r
r
1. 655
1. 742
I. 775
1.657
' 1. 746
1.790
1.658
' 1.747
' 1. 795
P 1. 650
P 1. 733
P 1. 802
1.443
1.451
1.404
1.571
1.662
1.819
1.479
1.485
1.410
1.560
1.612
1.802
1.515
1.519
1.421
1 . 584
1. 664
1.835
. 509
.507
.420
.581
6^0
1.816
1.499
1.499
1.431
1. 590
1.671
1.826
1. 475
1.472
1.440
1. 585
1. 657
1.842
1.422
1.432
1. 442
1.585
1. 653
1.852
1.456
1.458
1.452
1.591
1. 655
1.841
1. 475
1. 475
1. 169
1. 600
1.669
1.849
r 1. 502
' 1. 498
' 1. 465
' 1. 602
1.675
r
1. 834
r
1. 457
1. 480
' 1. 461
' 1. 602
1.668
r
1. 844
' 1. 529
1. 546
r
1.467
r
I. 614
1. 692
r
1. 830
T 1. 463
P 1.614
1.903
1.872
1.920
1.876
1.890
1. 896
1.910
1. 885
1.892
r
r
1.709
1.702
1.699
1.694
1.702
1. 729
1.772
1.759
1.771
1.767
1.658
1.663
1. 682
1.688
1.689
1. 697
1.700
1.705
1.713
1.711
1.702
1.754
1.637
1.685
1.766
1.626
1.713
1.788
1.640
1.863
1.934
1. 773
1.772
1.863
1.631
1.415
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
r
1. 876
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
r
1. 837
r
1.696
1.886
1.948
1.803
1.830
1.884
1. 661
1.433
1.893
1.955
1.819
1.851
1.884
1.670
1.446
1. 906
1.978
1.827
1. 830
1.907
1. 683
1.462
1.915
1.989
1.841
1. 839
1.873
1.687
1.462
1.914
1. 976
1. 852
1.858
1.887
1. 703
1.475
1. 939
2.001
1.878
1.878
1. 902
1.714
1.481
r
r
r
T
r
r
1.481
1.507
1.488
1.489
1.491
Nondurable-goods industries
do. .
1. 515
1.522
1.520
1.530
1.456
1.461
1.508
1. 450
1.474
1.516
1.524
1.544
Food and kindred products
do
1.529
1.634
1.667
1.633
1. 634
1.630
Meat products
do
1.639
1.653
' 1. 677
1.660
1.352
1.372
1.366
1.380
Dairy products
_ do .
1.368
1. 394
1.427
1.419
1.428
1.271
1.292
1.206
1.249
Canning and preserving
do
1.338
1. 332
1. 331
1.325
1.349
1.386
1.428
1.378
1.394
Bakery products
._ . do
1.400
1. 432
1.433
1.446
1.448
1.793
1.801
Beverages
do
1.797
1.836
1.778
1.801
1.801
1.806
1.817
T
J
Revised.
» Preliminary.
See note " f" on p. S-13; comparable figure for December 1951, $70.47.
tRevised series. See note " f" on p. S-13.
*New series. Data beginning 1947 will be shown later. JSee note marked "J" on p. S-ll.
43. 58
48. 20
P 49. 46
P 51.42
1.928
1. 997
1. 859
1. 852
I . 892
1. 708
1. 479
'r 1. 529
1. 543
r
1. 682
f
1. 421
'1.345
•• 1. 466
r
1. 818
r
T
1. 887
1.913
1.778
1.789
p 1.528
P 1.813
1.718
T
1.715
v 1. 700
1. 741
1. 843
1. 695
1.743
r
1. 847
' 1. 704
P 1. 844
P 1. 695
1. 934
2. 002
1. 870
r
1. 857
r
1. 881
r
1. 723
«• 1. 493
1.940
2.011
1.871
1. 857
1.914
' 1.734
T
1.496
r> 1. 940
' 1. 530
1. 549
1. 693
T
1. 422
T
1. 299
r
1. 476
r
1. 841
r
P 1. 551
P 1. 568
r
T
r
r
T
r
r
r
1. 541
' 1. 554
1.699
1.429
1. 325
1.475
1.859
P 1. 742
p 1. 487
SURVEY OF CURRENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-15
1952
1951
July
August
September
October
November
December
January
February
March
April
May
June
July
r 1. 198
' 1. 345
r
1. 330
1.268
' 1. 213
'1.343
1.333
1.258
v 1. 249
P 1. 346
1.239
1. 469
' 1. 248
1.482
p 1. 275
1.064
1. 376
1. 588
1.670
1.059
1.401
' 1. 599
1.687
' 2. 060
2.386
2.003
' 1. 721
1.835
EMPLOYMENT AND POPULATION—Continued
WAGE S —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..
IVTen's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
dollars
Women's outerwear
do
Paper and allied products
do.
Pulp paper and paperboard mills do
Printing, publishing, and allied industries
dollars _Newspapers
do
Commercial printing
do
Chemicals and allied products
do
Industrial organic chemicals
do
Products of petroleum and coal
. . do
Petroleum refining
do
Rubber products.
. _
do _
Tires and inner tubes
do
Leather and leather products. ._
do..
Footwear (except rubber)
do
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone.. _
_ . do
Telegraphf
do
Gas and electric utilities
.
do
Trade:
Wholesale trade
do
Retail trade (except eating and drinking
places)*
dollars. .
General-merchandise stores
do
Food and liquor stores __do _
Automotive and accessories dealers do
Service:
Hotels, year-round
_
do
Laundries
do
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wage rates (E. N. R.):§
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
1.171
1.315
1.312
1.259
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
r
I. 340
r
1. 323
1.269
1.274
1. 459
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
1.051
1.500
1.529
1. 612
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. 5S4
1.665
1. 956
2.269
1.881
1.659
1.769
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
2.342
1.974
1.675
1.800
'1.685
r
1.821
2. 066
' 2. 390
' 1. 997
1.705
1.826
2.011
2.114
1.727
2.021
1.270
1. 223
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
2.096
1.704
1.974
1.280
1 234
1.997
2.091
1.715
1.982
1.288
1.237
2. 013
2.110
1.794
2.104
1. 286
I. 235
2.021
2.114
1.814
2.127
1.290
1.244
2.012
2.104
1.810
2.112
1.297
1 257
2.017
2.111
1.801
2.097
1.304
1.270
' 2. 033
2.126
' 1. 803
•• 2. 084
1. 308
' 1.269
2.015
2.141
'1.814
r
2. 104
r
1. 307
r
1. 262
2.073
2.178
'1.830
2.132
'1.318
1.276
1.722
2.252
2. 254
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
1.812
2.243
2. 210
1.847
2.216
2.264
1.979
1.503
2.147
1.977
2.195
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
2.260
2.006
1.530
2.212
2.033
2.253
2.027
1. 526
2. 236
2.052
2.276
2 017
1.526
2 244
2. 058
2.285
2 033
1.541
2.251
2.064
2 292
2.022
1.547
2.242
2.071
2.285
2.021
1. 550
2.233
2.062
2.279
2. 080
1. 573
2.225
2.059
2.271
1. 574
1.490
1.590
1.710
1.574
1.501
1.580
1.712
1.586
1.522
1 629
1.727
1. 585
1. 533
1.633
1.732
1.579
1.552
1.632
1.745
1. 583
1.532
1. 630
1.749
1. 593
1. 542
1.612
1.747
1.581
1. 554
1 615
1.759
1.607
1.540
1.614
1.770
1.612
1.545
1.636
1.566
1.631
1.558
1.624
1.805
1.586
1.585
1 605
1 604
1. 606
1.620
1.632
1 637
1 649
^ 1 658
1.262
1.038
1.349
1.477
1.259
1.030
1.347
1.483
1.270
1.036
1.356
1.503
1.267
1.027
1.361
1.481
1.267
1.029
1.369
1.482
1.245
1.014
1.361
1.477
1.287
1.069
1.384
1.485
1.281
1.043
1.382
1.497
1.279
1.039
1. 389
1 502
r
.817
.916
1.064
.815
.914
1.056
.834
.837
.918
1.069
.840
.925
1.074
.852
.926
1.074
.852
.929
1. 083
928
929
1.075
1.084
1.082
1.629
2.688
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
1.664
2.770
1.680
2.774
1.746
1.794
1.748
1 33
1.779
1.801
1.807
1.29
1.830
1.809
1.788
1 38
492
480
493
517
917
.82
1.768
1.24
.73
1
.855
r 1. 465
r
1. 062
' 1. 398
r 1. 578
r
r
' 1. 656
' 2. 048
' 2. 355
r 1. 980
r
1. 769
1. 284
' 1. 029
'1.393
T
1. 526
.856
.86
r
r
r
. 858
r
936
1.095
83
r
r
r
r
r
r
r
r
r
1. 778
1.660
1 669
1. 308
1. 070
1. 406
1.572
1.321
1.081
1.424
1. 585
.862
.941
1. 106
.867
.943
1.107
1.690
2.797
1.706
2.808
1. 802
1.821
p 1.609
p 2. 067
P 1.728
P2.114
P 1. 827
P 1. 304
1. 755
2.849
87
1. 41
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 C i t y .
Outside New York City
do
do
do
380
336
384
368
375
377
398
410
437
435
2,110
1,029
2,129
1,020
333
791
347
786
985
35
360
749
110, 756
43, 224
67, 532
111,190
41,363
69, 827
107, 504
41, 145
66, 359
399
697
123, 770
47, 971
75, 799
458
534
422
544
430
510
2,194
1 050
1 021
416
495
450
539
2,313
1,074
1 046
420
660
998
32
429
651
408
678
396
718
30
377
766
357
820
337
860
27
343
896
350
908
117, 231
44, 802
72, 428
129, 549
53, 500
76, 049
123 059
48, 106
74 953
114 113
45, 375
68 738
125 269
50, 180
75 089
124 664
52, 057
72 607
121 433
49, 535
71 898
'129 870
54, 922
r 74 943
131 960
57 052
74 908
49, 900
25, 009
19
23, 801
21,468
49, 900
21,192
20, 056
48 941
23, 783
328
22, 729
21 731
48, 941
21, 004
20, 077
49 323
23, 904
598
22. 528
21, 992
49,323
21,336
19, 982
48 590
23, 270
133
22, 514
22 115
48, 590
20, 746
19, 733
389
25,064
46.4
49 213
23, 632
676
22, 363
22 106
49, 213
21, 175
19, 940
49 549
24, 152
952
22, 273
22 103
49, 549
21,412
19, 778
634
728
492
50 252
24, 821
1 270
22, 853
22 146
50 252
21,952
20 323
24, 405
47.9
24, 423
48.1
24, 371
49.0
797
24,332
48.6
24, 567
48.1
48 939
23, 551
59
22, 906
22 143
48, 939
20, 559
19, 381
T
—192
24, 826
48.8
Federal Reserve banks, condition, end of month:
47, 547
47, 755
49, 046
Assets total
mil. of dol
48 740
49 116
24, 033
24, 309
24, 734
Reserve bank credit outstanding, total. _ .do
24, 427
25, 058
624
277
552
Discounts and advances.. _ __ _ ... do.
186
190
23, 078
23, 127
23, 239
United States Government securities.-.do
23,552
23, 734
20, 504
21,166
20,611
20, 775
Gold certificate reserves .
. d o
21,004
47, 755
49, 046
Liabilities, total
do
47, 547
49,116
48, 740
20,606
20, 678
21, 453
20, 945
Deposits, total
do
20, 868
Member- bank reserve balances
._ do.
18, 863
19, 670
19, 181
19, 391
19, 557
717
Excess reserves (estimated)
do
467
569
490
497
23, 726
24, 020
24, 680
24, 148
Federal Reserve notes in circulation
do
24, 261
46.3
46.4
46.1
45.6
Reserve ratio
percent. _
46.5
"Revised.
» Preliminary.
'See note' f" on p. S-13; comparable figure for December 1951, $1.609.
*New series. Data beginning 1947 will be shown later.
fRevised series. See note "f" on p. S-13.
490
434
591
§Rates as of August 1,1952: Common labor, $1.793; skilled labor, $2.885.
495
24, 843
47.3
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September 11)52
1951
July
August
September
1952
October
November
December
January
February
March
April
May
June
July
FINANCE—Continued
BANKING—-Continued
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand adjusted
mil of dol
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of doL.
States and political subdivisions
do
United States Government
do
Time, except interbank, total
_ do ...
Individuals, partnerships, and corporations
mil. of doL.
States and political subdivisions
do
Interbank (demand and time)
... do. .
Investments, total
do
U. S. Government obligations, direct and
guaranteed, total
mil of dol
Bills
. -do
Certificates
- .
-.-do-..
Bonds and guaranteed obligations
. do.
Notes
do
Other securities
... -._ ._.
do
Loans, total
do
Commercial, industrial, and agricultural. .do
To brokers and dealers in securities
do
Other loans for purchasing or carrying securities
mil. of doL.
Real-estate loans
_
do
Loans of banks
do
Other loans
__
do
Money and interest rates :d"
Bank rates on business loans:
In 19 cities
percent-New York City
do
7 other northern and eastern cities
do
11 southern and western cities
do
Discount rate (N. Y. F. R. Bank) ..
do
Federal intermediate credit bank loans
do
Federal land bank loans
do
Open market rates, New York City:
Acceptances, prime, bankers', 90 davs
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
50, 383
50, 976
50, 533
52, 124
53, 040
53, 370
54, 328
52, 683
51, 162
52, 303
52, 863
51, 708
52, 766
50, 860
3,644
2,673
15, 551
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
14, 673
740
11, 103
37, 613
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
30, 997
2,648
2,224
19, 442
6,683
6,616
32, 487
19, 124
1,390
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
'r 36, 472
20, 567
2,792
33, 267
3,313
3,700
20, 288
5,966
7,533
35, 315
20, 581
1,988
700
5,545
324
5,865
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
564
6,028
667
5,669
822
6,011
660
5, 652
691
5,999
677
5, 657
540
6,021
660
5,674
438
6,056
659
5,690
463
6,187
'789
5,726
759
6, 393
717
5,764
386
6,436
1.75
2.37
4.13
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
3 45
3 23
3.47
3 79
1.75
2.73
4.17
1.75
2.73
4.17
1.75
2.73
4.17
3.51
3.27
3.46
3.90
1.75
2.73
4.17
1.75
2.72
4.17
1.63
2.31
2.25
2.38
1.63
2.26
2.25
2.38
1.63
2.19
2.25
2.38
1.63
2.21
2.25
2.38
1.63
2.25
2.25
2.38
1.69
2.31
2.38
2.47
1.75
2.38
2.45
2.56
1.75
2.38
2.38
2.56
1.75
2.38
2.38
2.56
1.75
2.35
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.38
2.56
1.75
2.31
2.38
2.56
1.593
1.94
1.644
1.89
1.646
1.93
1.608
2.00
1.608
2.01
1.731
2.09
1.688
2.08
1.574
2.07
1.658
2.02
1.623
1.93
1.710
1.95
1.700
2.04
1.824
2.14
11, 840
2,772
11,867
2,754
11,915
2,738
11,941
2,724
12,018
2,714
12, 175
2,705
r
12, 208
2, 695
r
12, 267
2, 681
12,382
p 2, 670
12,438
* 2, 656
12, 531
P 2, 637
12, 678
p 2, 619
12. 730
* 2. 601
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, 132
12, 903
7,173
4,061
19, 262
13, 045
7,247
4,138
19, 362
13, 167
7,327
4,175
19, 585
13,196
7, 355
4,134
19, 989
13, 271
7,400
4,100
20, 644
13, 510
7, 546
4,039
20, 126
13,314
7,322
3, 962
19,717
13, 185
7,158
3,927
19, 565
13, 156
7,047
3,891
19, 788
13. 319
7,099
3,946
r
20, 293
'13,806
7,421
4,171
P 20, 958
P 14, 405
p 7, 813
p 4, 446
P 21, 200
P 14, 732
p 8. 021
P 4, 602
1,022
854
590
646
1,015
859
590
645
1,028
870
600
654
1,056
890
607
668
1,099
908
608
685
1,186
971
613
737
1,129
933
592
706
1,082
909
567
673
1,060
893
548
655
1,064
894
541
654
1,101
924
551
674
p 1, 132
p954
p 582
p699
p 1, 142
z>971
^596
"710
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
5,730
2,492
524
288
211
5,798
2,521
531
293
217
5,840
2,524
533
296
221
5,841
2,522
535
299
222
5,871
2, 509
535
299
225
5,964
2, 510
542
301
229
5,992
2,521
541
300
230
6,027
2,542
545
301
232
6,109
2,593
553
303
235
6,220
2,642
568
307
239
T
6, 385
2,726
589
319
246
p 6, 592
P 6,711
P 2, 890
P330
P254
*>259
882
1,167
166
888
1,181
167
894
1,203
169
904
1,191
168
922
1,211
170
938
1,268
176
951
1,273
176
956
1,275
176
963
1,285
177
983
1,302
179
* 1, 004
1, 320
181
* 1, 027
P 1, 346
P 183
P 1, 041
P 1, 365
P185
3,743
1,393
1,093
3,724
1,398
1,095
3,696
1,401
1, 098
3, 868
1,413
1,108
4,190
1,422
1,106
4,587
1,436
1,111
4,253
1,445
1,114
3,967
1,448
1,117
3,855
1,443
1,111
3,913
1,437
1,119
3,921
1,431
1,135
p 3, 980
P 1, 436
* 1, 137
P 3, 891
P 1, 442
P 1,135
339
76
44
35
206
389
90
49
40
210
351
78
42
35
183
373
86
52
40
205
347
83
45
38
228
354
84
50
42
292
393
85
46
38
184
373
91
46
37
181
429
95
52
41
216
429
103
50
39
211
479
116
52
44
236
P497
P122
*56
p 44
P248
P471
P113
P53
p42
P240
2,833
2,571
48
1,886
722
177
4,165
3,594
50
3,131
806
178
6,524
6,209
42
5,691
707
83
2,708
2,635
52
1,653
885
117
3,951
3,521
47
2,935
805
164
5,576
5,279
44
4, 599
823
111
5,153
4,953
44
3,944
826
339
6,194
5,553
43
5,258
805
88
10, 800
9,886
44
9,816
825
115
5,187
4,323
47
4,186
849
105
4, 688
3,809
45
3,663
828
152
10, 220
9,796
45
9,147
845
183
3,649
3,316
48
2,464
949
188
5,178
173
478
3,015
1,512
5, 627
1,057
397
3,070
1,103
6,016
350
367
3,775
1,523
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
1
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 _ _ _ _ _ _ _ _ _ . d o ...
Small-loan companies
do
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts, total
Receipts, net
Customs
.
... .Income and employment taxes
Miscellaneous internal revenue.
All other receipts
mil. of dol__
do
do ..
do
do_ __
do
4,739
5,483
5,163
5,087
Expenditures, total ..
. _ _ do _.
232
222
580
497
Interest on public debt
do
r 444
422
411
M27
Veterans Administration.
. . .
do .
3,166
2,930
2,628
3,040
National defense and related activities., .do
r
r
1,533
1,409
1,
398
1,
133
All other expenditures
do
B
••Revised.
*> Preliminary.
* Beginning A pi•ill, 1952, hicludes 1 A percent no te of Decerr ber
cf For bond yields see p. S-19.
5,704
5,455
5,105
689
228
142
404
449
396
3,425
3,414
3,155
1,363
1,186
1,412
15, 195,5 , a n d 2 ^ iDereent boiid of Marc h 15, 1956- 58.
SURVEY OF CURRENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-17
1952
1951
July
August
September
October
November
December
January
February
March
April
May
259, 775
257, 482
221, 249
260, 362
258,136
258, 084
255, 794
219, 301
36, 493
2,290
258, 292
256, 102
219, 356
36, 746
2,191
259, 905
257, 739
220, 540
37, 198
2,167
June
July
FINANCE—Continued
FEDERAL GOVERNMENT FINANCE—Con.
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
mil. of dol. _
Interest-bearing, total
do
Public issues
._ _ _
-- do
Special issues
do
Noninterest bearing
_ _
___
do_. _
Obligations guaranteed by U. S. Government,
end of month . _.
_.
mil. ofdoL.
U. S. savings bonds:
Amount outstanding, end of month... __do
Sales, series E, F, and G
do
Redemptions
_. _ ._
. -.do
255, 657
253, 325
218, 618
34, 707
2,332
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, 9C2
2,348
36,233
2,294
28
32
33
37
43
42
38
37
41
44
45
46
34
57, 733
57, 691
57, 662
57, 666
57, 710
57, 739
57, 809
57, 821
57, 772
57, 739
440
492
338
410
313
437
292
422
57, 807
57, 827
296
401
57,814
330
428
310
481
312
436
Government corporations and credit agencies:
\ssets except interagency total
mil ofdol
Loans receivable total (less reserves)
do
To aid agriculture
do
To aid home owners
do
To aid railroads
do
To aid other industries
do
To aid banks
do
To aid other financial institutions
do
Foreign loans
do
All other
do
Commodities supplies and materials
do
U S. Government securities
do
Other securities
do
Land structures and eouipment
do
All other assets
do
272
390
334
410
315
364
25, 668
13 906
3,896
1,981
104
494
(i)
755
6, 110
1,515
2,236
3,472
3, 025
1,514
1, 461
2,226
3,463
3 358
1,813
731
1 322
2,422
3 451
3 406
1 835
2 499
2,383
2, 573
34
43
1,399
1, 369
1,161
Privately owned interest
U S Government interest
do
do
22, 962
949
322
871
'469
93
103
18
72
81
35
367
467
6 096
779
do
364
431
98
473
(i)
597
6,133
do
do
do
259, 105
263, 073
256, 863
260, 908
219, 124
222, 963
' 37, 739 37, 945
2, 165
2, 242
26 858
14 422
4 239
2,363
101
488
(i)
814
720
r
2,226
26, 744
14 422
4, 161
2,142
Liabilities except interagency total
Bonds, notes, and debentures:
Guaranteed by the United States
Other
Other liabilities
Reconstruction Finance Corporation, loans and
securities
(at cost) outstanding, end of month,
total d71
mil. of dol
Industrial and commercial
enterprises, including
national defensed"1
mil .of dol_.
Financial institutions
._. . _ _ . do
Railroads
do
States, territories, and political subdivisions-do
United Kingdom and Republic of the Philippines 9
mil. ofdol..
Mortgages purchased
do
Other loans
do
221, 776
36, 360
38
1 214
1 247
329
349
94 010
23, 842
'866
'844
r
842
'844
'831
'816
'803
' 800
' 795
r
778
754
751
'467
92
' 455
92
'451
92
'452
91
'447
84
'439
79
'433
76
'432
73
'430
71
'420
68
425
55
424
54
102
102
18
18
71
81
60
80
36
37
66, 128
59, 437
66, 455
59, 701
58, 431
37, 574
12, 657
10, 417
10, 503
3, 033
11, 381
58, 702
37, 572
12,410
10, 166
10, 548
3,044
11, 570
102
99
18
18
60
80
60
79
102
99
96
19
19
18
60
78
57
78
57
77
45
45
95
95
19
19
16
57
77
57
76
46
57
76
46
46
96
83
82
16
16
54
75
54
74
40
42
44
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
£>o ncq
58, 975
37, 652
12,326
10, 050
10, 587
3, 065
11,675
59, 282
37, 776
12, 229
9 956
10, 647
3 088
11,812
59, 556
37, 759
12, 060
9 829
10, 703
3 111
11,885
59, 999
37, 946
11, 871
9 657
10 781
3 134
12 160
60, 350
38, 056
11, 767
9 561
10 814
3 150
12 326
60 640
38, 187
60 938
38, 385
11, 588
9 436
10? 909
3 182
12 706
61 237
38, 587
46
47
70 334
70 774
63 590
61 547
38, 692
11, 275
9 151
61 857
38, 780
11,096
8 QQQ
3 196
is' 190
3' 9^8
-i q q8fl
62 201
39, 079
11, 134
9 007
11 109
3 251
13 585
LIFE INSURANCE
Assets, admitted:
All companies (Institute of Life Insurance), estimated total t
... mil. ofdol
Securities and mortgages J
do
49 companies (Life Insurance Association of
America), total _ _.
mil. ofdol
Bonds and stocks, book value, total
_do
Govt. (domestic and foreign), total
do
U. S. Government
do
Public utility.
do
Railroad
do
Other
. ._
do
Cash .
do
Mortgage loans, total _
_ do
Farm
_. ..
_ _
do
Other
do
Policy loans and premium notes _ _
_do _ . _
Real-estate holdings
do
Of her admitted assets
do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):
Value, estimated total§
mil. ofdol-.
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
751
721
735
11,706
9
10
3
12
514
846
164
470
11,546
9
10
3
12
409
961
185
895
u'oso
11 066
15, 139
1,298
13, 841
2,156
1,342
1,468
739
15,365
1,310
14,054
2,167
1,361
1,499
15, 676
1,330
14, 347
2,182
1 401
1,511
15, 851
1,338
14 512
2,190
1 408
1 497
16, 027
1 350
14 676
2, 193
1 426
1 559
780
16 185
1 357
14 828
2 199
1 432
1 554
16 336
1 375
14 961
2 206
1 445
1 615
16 459
1 388
15 071
2* 217
1 464
1 628
773
847
15, 518
1,319
14, 198
2,175
1,378
1,531
16 719
1 423
15 296
2 236
1 483
1 637
750
16 583
1 406
15 176
2 226
1 471
1 597
16 852
16 976
1 454
15 521
2 254
1 510
1 634
2,183
298
2,135
251
1,923
189
2,398
398
453
1 547
102
357
328
139
184
76
128
54
177
2,478
2, 031
191
2,179
244
2,495
2,571
2,803
382
454
530
497
537
1 458
1 481
102
333
99
329
1 719
314
126
166
60
138
60
315, 371
136 825
42 448
8 311
30 560
46 769
164
167
145
2,256
226
481
1 549
104
347
336
132
195
75
132
54
174
Institute of Life Insurance:
Payments to policy holders and beneficiaries,
estimated total
thous. of dol. . 307, 283
135, 428
Death claim payments
do
38, 234
Matured endowments
do
8,152
Disability payments ...
do
28, 478
Annuity payments
do
48, 203
Surrender values .
______
do
Policy dividends
do
48, 788
327, 525
148,811
39 785
8,580
29 426
50 231
50. 692
288, 393
122 338
35 119
7 453
26 483
42 855
54. 145
327, 648
147 059
40 377
8 605
29 545
51 965
50. 097
420
1,465
95
346
320
130
172
57
130
51
424
1 460
93
323
321
128
174
58
142
53
449
1 285
81
284
284
118
155
54
116
47
851
50. 458
848
477
436
1 565
924
851
785
94.fi
qqn
1
582
7oc
1 684
113
384
115
406
111
388
333
129
363
144
367
142
349
147
179
61
907
9fiQ
149
52
140
53
181
156
178
69
160
168
63
1 QO
1Q7
364, 248
141 621
37 549
7 988
27 987
47 712
389, 502
167 995
46 560
9 887
38 294
52 774
329, 638
148 934
38 Q84
S 273
28 8^ 9
50 648
366, 424
155 851
344, 261
149 388
101. 3Q1
72 QQ9
n2 Q£H
101
333
333
152
199
68
72
41 7^8
8 351
on' QO£
^7 IfiQ
79 4«Q
69
2 246
2, 589
2,442
4.9O
11C
q77
355
358
161
64
161
1,56
336, 714
339, 822
338, 501
90 K
1QC
67
i rrj f.Kft
qo
I I -I
S
Cfifi
Q Of>7
co 470
r e one
Kd 1/10
?;« 0^9
1 4.3Q
1 c 41 q
31, 177
KK
A1K
KT i C\A
l
Revised.
Less than $500,000.
^Revised beginning January 1951 to include loans under the Defense Production Act of 1950. Revised data, January-June 1951 respectively (millions of dollars): Total loans and securities outstanding—890; 885; 884; 889; 887; 879; industrial and commercial enterprises-439- 440- 449- 462" 467" 470
'
9 Beginning with September, data are for Republic of the Philippines only.
'
{Revisions for January-July 1950 are shown in corresponding note in the October 3951 SURVEY.
.Revisions, available upon request, are as follows: Total insurance written, January 1949-January 1951; group. January 1950-January 1951; industrial. 1949.
SURVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September r.>r»2
1952
1951
July
August
September
October
November
December
January I F^™- J
Mareh
April
May
June
July
FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Association of America:
Premium income (39 cos.), total thous.
Accident and health
Annuities
Group
__
Industrial
Ordinary
of d o l _ _
do
do
do
do_ _
do
502,612
50, 164
79, 708
43, 924
66, 224
262, 592
517,615
62, 341
57, 154
46, 426
61,425
290, 269
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. 44S
65, 718
46, 683
85. 525
319, 798
617,890
60, 836
71,293
46, 790
88,711
350, 260
21, 759
-8, 790
28, 374
12.165
62. 453
38, 869
12,054
5,167
21,854
136,976
19, 183
1 5. 533
65. 669
39.112
12,078
6,351
22,013
1 76. 654
3. 462
14.341
63, 25?
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
1,473
17,805
1 58, 600
168, 129
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
38. 557
12, 710
4, 961
1 2, 806
5, 147
5, 401
665
4,686
.902
194
6,616
.902
678
4,807
.902
250
6, 975
.881
88
6, 284
.880
89
3, 656
. 880
157
6,125
.880
513
6, 177
.880
142
8,126
.880
553
4, 633
.880
1,535
4, 680
.854
*>15
5, 038
,828
1.794
2,712
2, 758
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
2,080
5 318
3. 854
2, 527
4 768
4.043
3 199
3, 273
27. 851
184, 500
2, 400
6, 300
175. 800
90, 700
60, COO
25, 100
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
1 89, 200
2, 100
5, 500
181,600
95, 000
60, 900
25, 700
28,809
190. 500
'2,100
5. 600
31.1
20.9
27.0
20.0
31.7
21.8
30.4
20.9
31.4
22.0
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U. S
mil. of dol.
Net release from earmark §
thous of dol
Gold exports
do
Gold imports
do
Production, reported monthly total
do
Africa
- - do...
Canada fincl Newfoundland)
do
United States
. _ do. .
Silver:
Exports
do
Imports
do
Price at New York
dol. perfineo z _ _
Production :
Canada(incl Newfoundland) thous of fine o?
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 City
ratio of debits to deposits..
Other leading cities
do
1 S2. 700
96, 300
60. 600
25, 800
29, 206
28, 386
193,404 v 191 . 600
2 279
p 2 . 100
5J141
p 4. 300
1 85, 984 P] 85, 200
98, 234
p 97, 900
61,447 Mil. 700
26, 303 P 25, 600
37. 9
22.fi
30.1
20.6
28, 465
28. 473
v 1 91 , 500 v 192. 300
P 2, 200
P 2. 200
P 7. 100
F 5, 900
v 183, 400 v 182.900
v 95, 700 p 94. 800
v 62, 000 v 62 400
*> 25, 600
*> 25. 700
32.5
21.4
28, 464
28, 767
p 1 92. 200 p 192. 900
P 2, 200
p 2, 300
p 6, 300
f f>! 300
p 183. 800 p 184, 400
p 95. 300
P 95, 100
P 62, 700
p 63. 000
p 25, 900
p 26, 000
34.0
22.0
34.4
21 1
23, 350
—31.394
.82(*
3,292
29, 026
28 97^
P 195, 000 P 197. 300
P 2, 300
P 2, 50*i
f 8. 70(i
P 7, 300
P 185, 300 P 186,10(1
P 95, 800 p 96. 100
P 63, 500 p 63. 8CKi
P 26, 000 p 26, 200
34.3
21.3
38.6
22. 2
35. 1
20 7
1, 584
1,278
1. 109
677
56
376
119
306
306
151
144
11
1 409
1,251
1 239
587
38
615
11
158
155
3
141
11
1 519
1,393
1 381
1 137
20
224
12
12P
126
f'O
74
2
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Federal Reserve) :t
Profits after taxes total (200 corps)
mil of dol
Durable goods total (106 corps )
do
Primarymetalsand 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
Chemicalsandalliedproducts(26corps ) do
Petroleum refining (14 corps )
do
Dividends a total (200 corps )
do
Durable oods (106 corps )
do
Nondurable goods (94 corps )
do
Electric utilities, profits after taxes (Fed. Res.)t
mil of dol
Railways and telephone cos. (see p. S-23).
762
4^8
176
73
142
334
46
111
127
932
217
123
185
368
52
125
148
475
273
203
567
325
242
p 210
168
226
p 957
p 756
P 445
P 162
p 81
T 170
p 312
r
' 41
i' 108
r ]9f;
i' 18*?
p 973
SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding)
mil. of dol
New capital, total,. ...
do
Domestic, total .
.
do ..
Corporate
_
_
do
Federal agencies
do
Municipal, State, etc . _ _ . . .. do . .
Foreign _
do
Refunding, total
do
Domestic, total
... _ . . do .
Corporate
do
Federal agencies
do ...
Municipal, State, etc
_ .. do _
Securities and Exchange Commission'4
Estimated gross proceeds, total
do
By type of security:
Bonds and notes, total
_
do . .
Corporate
.
do.. .
Common stock
do
Preferred stock
do .
By type of issuer:
Corporate, total
do...
Manufacturing
do
Public utility
__
... do
Railroad
do
Communication
do .
Real estate and
financial
do
Noncorporate, total
do .
U. S. Government
.
do...
State and municipal
do
-•949
r
820
r
812
' 485
8
319
8
r
129
' 126
r
31
93
2
634
441
398
248
0
151
43
192
192
20
172
1
986
' 792
642
337
40
265
50
194
194
20
170
4
1,288
966
937
463
107
368
29
322
322
16
288
18
976
836
815
517
0
297
22
140
140
47
89
4
1,093
883
838
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
1 576
1.273
1,237
704
80
452
30
303
299
40
257
2
1 220
1.139
994
812
38
144
145
81
81
13
63
4
1, 694
1,351
1, 619
1,789
1, 638
1, 780
2, 194
1,698
1 649
r 2 336
r 2 494
2 452
6 325
1,523
360
132
39
1. 219
376
55
1. 554
324
31
35
1, 555
422
106
127
1,368
403
105
166
1, 545
636
132
104
2, 063
474
48
83
1, 534
314
154
10
1 425
'748
161
63
T
r
2r 248
870
163
r
82
2 255
659
112
84
6 135
1 010
157
33
531
158
190
18
52
75
1,163
834
321
508
233
152
92
3
28
843
656
152
390
160
128
30
8
15
1,230
765
269
655
314
201
18
16
63
1,134
651
397
673
220
267
76
37
15
965
655
302
T \ H6
848
091
355
52
°9
70
1 603
978
624
1 200
33'i
292
46
4Q4
64
5 125
4 898
2 139
T
771
135
T
61
T
871
605
478
972
967
r 353
487
354
291
H7H
260
186
112
400
r 271
2Q
°3
17
12
34
6
r 48
3
2
26
r 57
24
15
13
20
r I 3^8
1 589
677
1 220
909
1,024
967
601
515
722
296
565
222
145
397
r
Revised.
P Preliminary.
' Includes International Bank securities not shown separately.
§Or increase in earmarked gold (—).
{Revisions f or 1939—1st quarter of 1951 for manufacturing corporations and electric utilities and for January-March 1951 for SEC data will be shown later.
1
r 570
r 281
r 120
r 2H
r 40
1 378
' 928
396
22*;
SUKVEY OF CUEKENT BUSINESS
September 1952
19 51
Unless otherwise stated, statistics through
1951 Statistical Supplement to the Survey
S-19
July
August
September
1952
October
November
December
January
February
March
April
June
May
July
FIN ANCE—Con tinned
SECURITIES ISSUED— Continued
Securities and Exchange Oommissiont — Continued
New corporate security issues:
Estimated net proceeds, total
mil. of doL.
Proposed uses of proceeds:
New money total
do
Plant and equipment
do
Working capital
- do
Retirement of debt and stock, total, .do
Funded debt
do
Other debt
..
- - do
Preferred stock
do
Other purposes
do _
Proposed uses by major groups:
Manufacturing, total
do
New money
do
Retirement of debt and stock
do
Public utility total
do
New money
do
Retirement of debt and stock
do
Railroad total
do
New money
_ _
_
do
Retirement of debt and stock
do
Communication, total .
._
do _ _
New money
do
Retirement of debt and stock
do
Real estate and financial, total
do
New money
- __ ___ do._
Retirement of debt and stock
do
State and municipal issues (Bond Buyer):
Long-term
thous. of dol
Short-term
_.. _- ...do
521
500
381
639
660
856
595
469
954
' 1,097
836
1, 182
469
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
•>
29
559
487
72
23
8
15
0
13
413
278
134
49
35
13
1
875
655
221
60
15
45
0)
19
'844
M)13
' 232
'83
r
9
-70
r
3
r
24
'925
r
735
189
M63
'38
0
'9
747
553
194
84
38
46
0
5
1,131
971
161
44
32
12
0
7
230
198
31
150
139
11
9
9
0
3
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
(r>
14
11
1
480
428
34
255
240
15
349
331
11
184
177
7
17
17
0
' 350
'329
'15
' 265
'256
14
11
1
285
238
43
110
107
3
29
29
0
3
3
0
13
12
0)
306
336
20
393
365
28
12
12
0
6
6
12
3
156
142
14
127
124
3
30
30
0
8
8
0
14
11
3
' 559
' 502
'56
'276
' 256
' 20
M19
Ml
'78
'26
'26
'0
MO
'34
T
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
364, 091
74, 901
156,214
84, 760
249, 434
36, 315
381,580
191. 104
299, 109
210, 915
265, 503
215. 1%
574, 694
93, 863
303, 614
156,037
150,618
200. 194
456, 005
172, 674
406, 484
232, 726
175
445
163
458
249
308
220
340
286
454
242
380
248
338
220
304
191
286
219
364
198
286
229
378
233
461
1, 266
825
672
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
350
119
47
26
18
3
5
154
124
29
187
185
2
18
18
0
51
51
0
74
70
1
0)
27
22
()
25
24
1
23
18
3
9
2
0)
0)
20
15
'951
34
34
0
M7
r
45
r
3
r
r
56
55
0
r
126
' 637, 232
120, 022
T
226, 219
98, 659
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)
Ca^h on hand and in banks
Customers' debit balances (net)
Customers' free credit balances
Money borrowed
mil of dol
_ . _ do .
do
do. -
Bonds
Prices:
Avernge price of all listed bonds (N. Y. S. E.),
98.61
98. 26
98.01
98. 72
97.83
98.82
97. 43
98. 29
99. 23
98. 87
97.82
98.43
98.48
total §
dollars. _
99. 31
99.10
98.75
98.49
99.22
98. 30
98.78
99.73
97.92
98.88
99.36
98.30
98.98
Domestic
__
do
73.69
73.07
73.39
73.48
73.00
72.93
73.70
75. 52
72.44
73.66
72. 65
73. 75
73. 10
Foreign _
_. .
.
.. do
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al-f-issues):
116.2
1 1 6. 9
116. 5
115. 6
118.0
115.9
117.1
116.2
116.2
116. 3
114.8
116.0
115.3
Composite (17'bonds)
dol. per $100 bond-130.9
131. 5
132. 1
131.3
132.0
132.1
131.9
130.8
130.4
130.9
131. 6
129.4
132.7
Domestic municipal (15 bonds)
do
98.32
98.22
96. 87
98.91
96. 85
99. 10
96.77
98.90
96. 27
98.40
97.52
97.93
97.95
T T . S. Treasury bonds, taxable
do
Sales:
Total, excluding IT. S. Government bonds:
All registered exchanges:
52, 071
66, 533
54, 075
53, 065
51,332
61, 104
63, 229
52. 767
51,113
58. 376
47, 052
51, 585
59,014
Market value
thous. of dol
62, 064
62, 621
79.818
59, 745
60, 666
75, 892
61,626
66. 368
72, 093
56, 942
71, 347
58, 329
Face value _.
.
do
71, 124
New York Stock Exchange:
51, 432
64, 609
51,120
52, 560
49, 640
49, 298
60, 802
59, 632
56. 020
45, 275
50, 590
Market value
do
57, 456
50.210
57. 821
59. 968
60, 534
75, 600
57, 957
58, 610
69, 663
72, 524
62, 649
56, 686
67. 670
63, 328
Face value
_
_
do
67, 299
New York Stock Exchange, exclusive of stopped
62, 055
56, 211
52,111
49,109
67, 291
56, 400
59, 323
66, 971
60, 525
58, 123
48, 559
62, 242
61,624
sales, face value, total §
thous. of dol. _
10
0
0
68
2
0
3
0
0
30
0
IT. S. Government
do
0
0
52,111
62. 055
56, 211
67, 281
58. 093
49, 109
59, 323
66. 903
60, 522
56, 398
48, 559
61. 624
62, 242
Other than IT. S. Government, total §
do
49, 960
45, 548
55, 580
59 389
58, 350
42 912
53 321
54, 325
45. 698
52 190
41 895
55 573
Domestic
do
55 621
6,515
6, 192
8. 867
6,174
6,410
7,399
10.650
5, 933
6, 079
6,613
5,858
6, 544
Foreign.
__ .
.. do
5,918
Value, issues listed on N. Y. S. E.:
95, 634
97, 925
99, 271
95, 964
96, 269
97,511
98, 457
96,158
97. 151
96, 699
97,311
100, 273
Market value, total, all issues §
mil. of dol. _
97, 355
95. 876
96, 290
97, 580
94. 238
93, 920
96, 777
94. 978
94, 431
95, 583
94, 537
95, 427
95, 625
98, 401
Domestic. ... do
1.345
1,399
1,344
1, 349
1,347
1,343
1, 332
1,345
1,339
1,389
1, 338
Foreign
- .__ .._
_ . ...do
1, 439
1,347
100,045
99, 206
98, 221
99, 197
98, 292
97,315
99, 975
98,415
98, 474
98, 158
99, 318
101,871
Face value, total, all issues §
.
do
98, 466
97, 050
97, 846
95, 920
95, 985
97. 063
97, 775
96. 060
96, 249
95, 092
97, 075
96. 183
Domestic
do
96 239
99 516
1,847
1,899
1,843
1,832
1,836
1, 839
1,900
1,831
1,825
1,823
1 , 843
Foreign
_
do
1,827
1 , 905
Yields:
3.12
3.17
3.13
3.08
3.18
3.24
3. 25
Domestic corporate (Moody's)
percent..
3.19
3.17
3.20
3.16
3.17
3.16
By ratings:
2.84
2.88
2.89
2.94
Aaa
-.- - - - - - - do
2.94
3.01
2 95
2.93
2.93
2.98
2 96
2.96
2 93
2.92
2.93
2.88
2.99
Aa
do
3 05
3 06
3 03
3 03
3 02
3 01
3 00
3 01
3 04
3.17
A
do
3.18
3.15
3.23
3.25
3.32
3.31
3 24
3.26
3 20
3 20
3 20
3 19
3.50
3.46
3.53
3 59
3.50
Baa
_
do
3 61
3 51
3 53
3 49
3 56
3 50
3 50
3 50
By groups:
2 99
2 99
2.92
2.97
Industrial
._
do
2 98
2.93
2.89
2 97
3 00
3 00
2 97
2 97
2 97
Public utility
. do
3.13
3.14
3.09
3.19
3 23
3.24
3 21
3 19
3 21
3 19
3 20
3 19
3 20
Railroad
_
do
3.36
3.31
3 27
3 31
3 50
3 42
3 38
3 48
3 36
3 31
3 32
3 32
3 33
Domestic municipal:
9
Bond Buyer (20 bonds)
- _.
do
2.06
2.00
2 04
2 05
2 05
2 11
2 07
08
2 07
2 15
2 03
2 10
2 15
2.18
2.04
Standard and Poor's Corp. (15 bonds)
do
2.05
2.08
2.04
2.10
2.07
2.05
2.10
2.07
2.01
2.10
2.12
2.63
U. S. Treasury bonds, taxable.
do
2.57
2. 6J
2.56
2.70
2.71
2 2 64
2.57
2.74
2. 61
2 61
2.70
2.66
r
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.
tRevisions for January-March 1951 will be shown later.
§Sales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included also in computing average price of
all listed bonds.
SURVEY OF CURRENT BUSINESS
S-20
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September 1052
19 51
July
August
September
1952
October
November
December
January
February
March
April
May
June
July
FINANCE—Continued
SECURITY MARKETS—Continued
Stocks
Cash dividend payments publicly reported-.^
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
"Rank (15 stocks)
do...
Insurance (10 stocks)
do
Price per share, end of month (200 stocks). _do
Industrial (125 stocks)
._
do
Public utility (24 stocks)
do
Railroad (25 stocks)
_ ._
do
534.7
125.3
206.7
214.9
40.6
102.4
2.5
1,148.4
533. 9
104. 5
213.4
7.3
243.3
53.4
113.7
1.7
1, 819. 6
212.6
1, 134. 4
152.1
505. 7
107.4
169.6
4.7
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
1,176.4
81.1
761.2
92.2
44.8
117.7
3.4
754.0
97.6
541. 7
127.0
198. 5
6.8
78.2
53. 7
11.0
39.5
14.2
.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
4.18
4.55
1.87
2.58
2.63
2.73
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
70.10
69.73
74.09
32.87
67.80
69.94
70.90
68.39
72.00
71.35
75. 63
68.29
69.96
73.59
72.61
77.01
41. 57
67.97
72.07
32.94
39.79
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
6.1
67.45
71.28
74.46
32.67
39.93
33.13
6.20
Yield (200 stocks)
percent..
6.38
Industrial (125 stocks)
do
5.72
Public utility (24 stocks)
do
6.46
Railroad (25 stocks)
do
4.79
Bank (15 stocks)
do...
3.35
Insurance (10 stocks)
do
Earnings per share (at annual rate), quarterly:
Industrial (125 stocks)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 11 high-grade
4.20
(Standard and Poor's Corp.)
percent-Prices:
91.29
Dow-Jones & Co., Inc. (65 stocks) --dol. per share.253. 60
Industrial (30 stocks)
do
43. 75
Public utility (15 stocks)
do .
77.04
Railroad (20 stocks)
do
Standard and Poor's Corporation;
Industrial, public utility, and railroad:§
172.8
Combined index (480*st.ocks)__. 1935-39 =100. .
188.1
Industrial, total (420 stocks)
do
179.9
Capital goods (129 stocks)
_ _ do. .
163.7
Consumers' goods (195 stocks)
do
Public utility (40 stocks) _
do
111.5
139.4
Railroad (20 stocks)
do
104.2
Banks. N. Y. C. (16 stocks)
do
188.4
Fire and marine insurance (17 stocks)
do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
1,354
Market value
mil. of dol
53,154
Shares sold
thousands
On New York Stock Exchange:
1,171
Market value
mil. ofdol..
42, 438
Shares sold
thousands
Exclusive of odd lot and stopped sales
27, 989
(N. Y. Times)
thousands-Shares listed, New York Stock Exchange:
Market value, all listed shares
mil. of dol.. 104, 610
2,557
Number of shares listed
.millions..
5.86
5.98
5.67
6.33
4.67
3.20
40.76
71.48
33. 26
39. 97
6.36
2.44
4.71
74 24
33. 85
40.00
5. 55
5. 56
5. 61
6.38
4.45
3.47
75. 09
34. 42
42.26
34.41
41. 59
34.73
45.28
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
8.09
2 44
12 94
71.73
79.8
Imports of goods and services total
Merchandise adjusted
Income on foreign investments in U S
Other services
-
do
do
do
do
43. 80
45.49
35.09
47.97
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
6.50
2 49
5 75
6 68
2 47
5 61
4.13
4.16
4.19
4.23
4.28
4.26
4.22
4.16
95. 19
264. 92
45. 06
97.82
269. 73
94.44
99. 39
98. 31
265 19
100.02
264 48
84. 25
259. 61
46. 22
79. 73
96. 73
266. 09
80.53
98.11
273. 36
45. 40
83. 91
48.61
84. 81
48.87
85. 05
181.5
198.3
190.7
168.0
114.4
147.1
105.8
196.7
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
1,626
59, 483
1,707
66, 385
2, 045
85, 294
65,122
1,413
1,501
63, 170
1,393
44, 583
1,445
48, 204
1,714
60, 208
1, 196
47. 449
1,279
44, 886
30, 083
37, 141
27, 195
29, 513
28, 963
23, 586
25.516
24,115
106, 309
109, 484
2, 616
111,580
108,471
113,099
2,644
107, 848
2,661
110, 690
2,691
114, 489
115, 825
46.04
33,642
36, 395
42,531
108, 307
2, 568
108,911
106, 439
2,581
2,592
2,604
46.72
82.30
4.07
4.04
4.04
4.09
49.80
261. 61
89 55
100. 24
262 55
40.13
92 19
100.87
94.61
49.29
104. 26
268. 39
49. 81
100. 30
106. 25
276. 04
49. 86
101. 85
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
1,922
71 188
1, o98
62 651
1 , 451
63 006
1 647
66 676
1,262
59 431
1. 283
56, 850
1 317
61 433
1,618
49, 431
1, 351
42. 296
1,219
43, 464
1,373
41 601
1.077
43 060
r
1, 122
45 916
27L71
2, 627
2, 634
1, 098
42, 325
2,706
5,047
3,849
459
739
3 671
2,677
90
904
r
r
5 520
4, 130
5 310
4 167
<• 422
721
5 244
4 093
457
694
r ;^ g7()
3 836
670
720
3 593
2 645
r 2 968
'89
r
813
111
837
r
9 S41
99
896
Balance on goods and services
do
+1, 376
+1,927
Unilateral transfers (net), total
Private
Government
do
do
do
-1,218
-1,204
-1,128
— 114
— 1.090
r
-820
U.S. long- and short-term capital (net), total do
Private
do
Government
do
-37
-10
-27
—502
—422
T
r
—375
Foreign long- and short-term capital (net) _-.do
-2
+404
r
+ 173
—709
r
—551
— 104
' 4-229
+218
Increase (— ) or decrease (+) in U. S. gold stock
mil. of dol
-90
-292
—80
Errors and omissions
_
do
+173
+84
r
Revised.
» Preliminary.
{Revisions for dividend payments for January-March 1951 will be shown later.
§Number of stocks represents number currently used; the change in the number does not affect the continuity of the series.
78.01
33.97
34.65
47.68
BALANCE OF PAYMENTS (QUARTERLY)
mil of dol
do
do
do
73.47
34. 57
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
Exports of goods and services total
Merchandise adjusted
Income on investments abroad
Other services
3.96
4.22
1.91
2.69
2.64
2.88
+1.440
r
916
r _9fi
235
r —HO
+1,408
1 318
97
— 1 221
693
485
— 908
+489
2,728
SURVEY OF CURRENT BUSINESS
September 1952
S-21
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
July
August
September
October
November
December
January
February
March
April
May
June
July
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE
Indexes
Exports of U. S. merchandise:
Quantity
1936-38=100-.
Value
-- do __
Unit value
do
Imports for consumption:
Quantity
do_
Value
- do
Unit value
do
Agricultural products, quantity:
Exports, domestic, total:
Unadjusted
- 1924-29=100 _
Adjusted
_- - - - do
Total, excluding cotton:
Unadjusted
- do
Adjusted
- - - do_ _
Imports for consumption:
Unadjusted
. -- do __
Adjusted
do __
232
484
209
250
517
207
249
501
202
232
469
202
279
565
203
281
586
208
246
508
206
261
540
207
278
576
207
261
542
208
286
594
208
231
473
205
137
433
316
139
435
3f3
KL8
364
307
141
425
301
135
403
298
131
390
2<)q
149
446
300
147
439
298
157
474
302
154
456
296
142
411
290
145
418
289
74
101
90
99
106
86
117
81
136
103
148
116
129
123
125
151
121
143
95
120
104
129
81
110
126
157
155
151
157
125
149
113
158
138
157
141
157
163
164
207
178
213
139
169
159
181
121
148
103
114
107
116
91
95
102
103
102
108
93
92
121
116
120
118
122
110
118
112
104
106
107
116
_thous. of long tons .
do
8,865
8,033
11,171
7,642
10,931
6, 673
10, 605
7,873
9, 400
6, 899
8, 309
6, 322
8,473
7,705
7,346
6,894
8,207
7, 338
8.206
7, 673
8,049
Exports, including reexports, total^
niil. of dol__
Bv geographic regions:
Africa
thous. ofdol
Asia and Oceania
do _
Europe
-- - - --do _ _
Northern North \merica
do
Southern North America __ _
do__
1,190
1,269
1,232
1,152
1,386
1,438
1,250
1,329
1,416
1, 332
1,463
1,164
56, 394
190, 855
283, 061
202, 521
136, 428
182.787
58, 191
200, 481
306, 987
202, 829
146,970
198,322
58, 477
205, 651
329, 003
200, 263
136,478
177,214
34, 204
182, 450
346, 708
214, 669
131 , 348
133, 848
46, 365
271,447
377. 370
208, 048
155,955
187,113
51,379
294. 556
439, 507
180, 640
155,024
205, 633
48, 346
222, 488
385, 849
192,265
136, 049
152, 702
55, 557
257, 202
338, 971
203 655
149, 414
188 427
71,130
238, 429
370,718
227, 488
157,459
201,456
58, 306
219, 396
269, 985
242, 089
147, 313
175,912
50, 757
225, 444
312,022
264 760
157, 216
174 466
44, 050
185, 407
250, 342
249, 278
137,015
139, 958
6,804
23, 893
8, 639
25. 530
10, 624
25, 482
7, 534
13, 859
5, 609
18, 872
4. 033
21, 503
7,718
22, 166
5, 757
17,416
7,889
29. 043
10, 320
20, 825
5,008
19, 529
4.419
17, 738
16 763
5, 489
0
33, 751
36, 753
' 14, 655
31, 273
14 983
6, 003
0
42, 076
34. 237
15,341
35, 335
13, 936
4,887
0
36, 870
39, 456
16, 225
35, 820
14, 304
3,648
0
41, 422
40, 845
27, 044
24, 673
5, 139
0)
78, 027
58, 122
12, 421
32, 579
26, 026
5. 047
0
82, 3.59
55, 307
12, 403
41, 028
18, 558
3, 884
0
69, 665
44, 582
10, 343
23. 050
17, 246
4,002
0
77, 879
51, 942
11, 786
25, 558
20, 954
3,792
0
66, 884
50, 355
12, 449
25, 262
17,331
3, 215
0
47, 323
63, 485
9,971
21, 225
14 236
3 240
0
36, 757
77, 734
9,919
21 404
1 1 , 583
1,714
0
29, 040
56,011
9,267
25. 780
36, 392
33, 688
20, 505
71,556
32, 284
41.279
24, 253
2
77, 999
32, 295
49, 223
20, 711
0)
97, 170
33, 193
44, 727
24, 825
0)
99. 809
40,812
47, 482
34, 723
0
96. 012
48, 152
55, 299
44, 119
5
103, 044
41,079
63.151
41,611
5
78, 393
29, 308
47, 137
40, 372
2
75, 810
42, 688
40, 741
46, 995
2
87, 006
33, 695
22, 132
37, 381
2
56, 396
36. 328
31,191
47, 526
(i)
54, 187
27, 977
27,715
49, 496
3
41 , 522
202, 466
307, 194
23, 960
61,060
1 7, 408
20, 089
41, 739
59. 485
35, 247
202, 826
330, 140
25, 220
69, 125
15, 902
19, 355
43, 071
64, 391
39, 025
200, 197
298, 047
19, 723
74, 292
11, 625
17,145
38, 829
59, 538
32, 524
214, 623
252, 946
13,904
51,822
7,647
13, 191
39,912
62, 805
27, 636
208, 047
327,314
21, 558
71,073
12, 641
18, 949
48, 993
62, 850
40, 122
180, 639
342, 626
18,878
81,924
19,346
20, 256
44, 168
63, 340
39, 235
1 92, 265
273, 882
14, 750
57, 904
10, 460
15,722
39, 866
55, 454
33, 620
203, 655
321,392
14,143
75, 329
11,928
20, 957
49, 409
54, 526
43, 450
227, 469
343, 281
15,138
74, 757
15, 125
20, 843
48. 697
65, 336
48, 276
242, 081
305, 994
13, 211
65, 543
11,083
18, 349
44, 035
58, 987
44, 977
264, 697
314,096
13, 398
57, 825
12,218
21,231
43, 821
65, 843
44, 537
249, 028
259, 504
9,156
43, 231
8,287
17.904
40, 983
56, 103
42,148
' 1. 175
1,260
1,222
1,144
1,376
1,428
1,238
1,317
1,403
1, 322
1,448
1, 152
128 063
105,050
72, 807
155 010
714, 377
152 392
118,190
78, 471
149 517
761,147
207, 569
10f>, 297
65, 570
145, 278
696, 886
272, 498
98, 249
61, 709
127, 288
584, 616
299, 469
109, 339
73, 422
148,106
745, 882
336, 328
109,222
69, 724
161,457
751,288
255, 350
128, 136
60, 406
137,168
656,815
228, 045
129, 205
74, 126
138, 742
746, 058
188,112
175, 210
63, 892
159, 901
815,686
157, 558
135, 494
56, 354
160, 574
811, 788
157, 579
151,944
68, 033
153, 893
916,528
142 627
102, 105
58, 618
129,020
719, 150
251,719
32 663
13 799
111,027
24, 130
276, 985
32 139
17 099
128, 156
19, 554
307, 685
70, 787
16, 738
115,935
18, 734
349. 603
116,856
21,332
103, 925
16, 292
41 5, 986
165, 771
20, 978
119, 634
24, 724
460.201
213. 167
20 540
115.601
28, 683
377, 024
148, 921
20, 1 44
130, 235
27, 048
377, 502
132,039
19 489
145. 609
26, 936
370, 668
94, 236
19, 383
181,897
23, 498
292, 601
73, 752
18 261
142, 070
16, 303
316, 996
68, 084
?2 242
165, 325
14, 000
243, 173
55, 740
r
>4 857
107.312
12, 144
' 923, 592
2,565
103, 048
89, 623
7, 246
48, 588
982, 731
1 , 536
103, 270
91, Ml
3, 608
48, 614
913,915
794, 757
157
75,819
71,246
6. 679
45, 973
960, 233
462
97, 866
90, 35S
9, 963
56, 445
967,818
573
98, 917
H9, 0:50
10,271
67, 534
860, 850
2584
77, 987
76, 163
7, 324
62, 962
939, 333 1,032,138 1, 029, 107 1,130,981
2
2 1,448
722
2 4, 104
' • 1. 002
109, 743
100, 542
104, 080
104, 293
80, 104
08, 192
78,617
09, 505
8,685
11,107
13, 764
13, 308
78, 910
63, 080
75, 082
72, 864
909, 007
23,418
89, 248
65, 073
12, 589
50, 779
Shipping Weight
W a ter -bori i e trad e :
Exports incl reexports^
General imports
Value
Total exports bv leading countries:
Africa:
Fgvpt
- -- - -do - Union of South Africa
do
Asia and Oceania:
4ustr'ili'! including New Guinea
do _ _
British Malava
- - -_do _
ChinaO
"
do
India and Pakistan
- - - do _
Tapan
___- _ _
_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, incl. Newfoundland and Labrador
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, totall
mil. of doL.
By economic classes:
Crtide 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
Nonagr iculttiral products, total
do
Aircraft, parts, and accessories!
_.do
Automobiles, parts, and accessories
§cf-do
Chemicals and related productsc?1 . do
Copper cf
- do-.
Iron ond steel-mill products
do
r
101. 188
S5, 644
2. 904
54, 605
1,013
1,000
193, 721
262, 594
214, 246
238, 841
240, 606
172, 038
213, 309
261,991
231,876
237, 795
Machinery total§d^
d o ~ _ . ' 21 7, 514 217. 108
12, 344
10,818
10,631
13, 856
9, 574
9, 384
14, 543
15, 728
13, 927
15,301
10. 557
14,015
Agricultural
do
29, 840
34,684
27, 251
21,163
24, 406
22, 294
22, 956
28. 478
28, 742
34, 118
27, 689
30, 098
Tractors, parts, and accessories§
do
r
46, 354
52, 507
47, 227
36, 481
48. 540
51, 545
51, 282
49, 358
41, 995
54, 155
51, 568
48, 799
Electrical §cf
-- -- --- do...
20, 327
23, 487
19, 823
15, 692
17,279
17,391
18, 303
12,059
15,346
20, 605
21, 275
23, 302
Metal working
-_ _ _
- do
116,642
82, 231
125,971
88, 970
95, 590
103, 650
103, 356
118,844
100, 053
111, 734
125, 500
107, 408
Other industrialc?1
-- __do
71,264
64, 207
65, 049
83, 540
85,145
70, 074
74, 343
74, 137
69, 763
62 596
73, 278
76, 389
Petroleum and products
do
59,888
69, 462
56, 162
72, 721
62, 354
49, 742
61,305
62, 891
48, 051
57, 290
69, 927
53, 700
Textiles and manufactures
do
r
2
Revised.
i Less than $500.
Data beginning January 1952 exclude additional items classified as "special category." See note "§".
JTotal exports and various component items
include shipments under the Mutual Security Program (formerly the Mutual Defense Assistance Program) as follows (mil. of dol.): July 1951-July 1952, respectively—85.0; 115.3; 81.2;
58.8; 84.1; 59.6; 65.0; 78.7; 94.2; 153.7; 230.6; 112.5; 129.2. Beginning July 1950, certain items classed as "special category" exports, although included in total exports, are excluded from waterborne trade and from area and country data.
0Ineluding Manchuria beginning January 1952.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
§ Excludes "special category" exports not shown separately for security reasons.
<f Data beginning January 1951 have been adjusted to conform to the 1952 revision of the export schedule.
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September 1952
19 51
July
August
September
1952
October
November
December
January
February
March
April
May
June
July
836 000
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued
General imports, total
thous. of dol_ r 894, 497
By geographic regions:
39, 758
Africa
__
_.do _
Asia and Oceania
_
_
do ._ r 226, 954
176, 501
Europe
do
189, 588
Northern Worth America
_ do
r
100, 538
Southern North America
do
South America _ _ .. _
- -do _ _ 161, 137
By leading countries:
Africa:
268
Egypt
do _
8,561
Union of South Africa
- __do _
Asia and Oceania:
22, 859
Australia, including New Guinea
do
52, 373
British Malava
-do _._
2,242
China©
_-do
32, 401
India arid Pakistan
do _
15,013
Japan
do
24,911
Indonesia
do
23, 374
Republic of the Philippines
--do __
Europe:
'21,211
France
_. __ do _ _
25, 375
Germany
do
9, 763
Italy
_ do _
r
2, 020
Union of Soviet Socialist Republics
do _
44,311
United Kingdom
_
do
North and South America:
Canada, incl. Newfoundland and Labrador
r
thous. of dol_- r 189, 308
248, 406
Latin- American Republics, total _
do _
11,970
Argentina
_ do_._
54, 670
Brazil
do
10,815
Chile
do _ .
37,
203
Colombia
_
do _ »• 39, 126
Cuba
_
do _
26,
070
Mexico
_ _
_
do ._
26, 733
Venezuela
_ do
886, 975
Imports for consumption, total
.
do__
By economic classes:
293, 043
Crude materials
do
136, 449
Crude foodstuffs
_
do
Manufactured foodstuffs and beverages, . .do _ - 92, 926
198, 969
Semimanufactures
do
165, 588
Finished manufactures
do
By principal commodities:
405,
553
Agricultural products, total
do
86, 897
Coffee
- - do
15,
187
Hides and skins
do
87, 733
Rubber crude including guavule
do
1,035
Silk unmanufactured
do
38, 655
Sugar
do
48, 000
Wool and mohair, unmanufactured
do
481, 422
Non agricultural products, total
_
do
7, 503
Furs and manufactures
do
Nonferrous ores, metals, and manufactures,
67,
450
total
thous of dol
23, 493
13,
090
Tin including ore
do
42,181
Paper base stocks
do
42,
994
Newsprint
do
48, 447
e r o e u m a n pro uc s
880, 376
721, 206
833, 568
818, 464
800, 424
921 625
892 267
962 529
931 800
834 771
860 940
40, 225
229, 332
161,084
192, 507
84, 507
172, 721
26, 035
158, 167
146,416
171,896
75, 948
142, 743
40, 409
143,779
147,819
218, 308
90, 174
193, 079
37, 660
146, 597
157,343
199, 684
88, 491
188, 689
34, 967
151, 797
152,982
190,050
93, 180
177, 449
68, 441
172, 961
175. 945
187, 047
127, 586
189, 645
68, 605
183,051
153 836
177 067
131,814
177, 895
75, 854
205 720
169 630
195 588
138, 086
177,651
56 085
203 052
174 429
189 642
135, 787
172, 804
43 370
168 924
149 273
195 517
129, 294
148, 392
54 123
181 317
159 892
210 970
107, 033
146, 905
789
7,851
275
5,472
660
9, 699
812
11,002
1,063
6, 470
16,453
11,844
18,907
10, 066
13,397
12,832
2 973
8,994
2,367
7,809
766
8,652
39, 265
39, 001
1,634
24, 394
18,246
29, 665
22, 302
7, 105
32, 228
1,241
17,487
12, 297
19, 689
19,201
14,919
27, 878
1,136
19,989
14,369
19.389
17,381
9, 616
26, 479
2. 71 9
1 9, 062
15,894
1 7, 297
15,882
22, 486
16,907
4. 725
19,317
15,021
20,075
1 5, 858
8, 518
38, 536
4,902
22, 437
17. 772
29, 704
14,785
16,605
39, 366
5. 068
27 960
14,520
23 281
17,213
12, 293
65, 314
4,911
22, 905
18.593
21,921
21,284
21,916
42, 297
3 699
27 422
14, 935
28 098
16, 624
15, 676
27, 839
2,336
25, 352
16, 064
23, 445
22, 348
10, 459
32,890
1, 663
22 873
16, 984
29 120
26 801
24, 812
21,183
10, 698
3, 259
39, 499
16, 332
18, 452
9, 502
1,141
33, 228
1 5, 455
20, 321
8.909
3,311
33, 436
13, 635
17,003
1 2, 364
3,088
40, 318
15, 172
14,809
12.953
2. 251
35, 445
20, 364
17, 509
11,321
1,150
39, 013
14,737
15, 999
13,019
506
31,127
13,940
16,432
12,593
3, 1 66
39,917
14 010
14, 678
12 371
2,220
47, 267
11,202
15,936
10, 679
805
43, 422
13, 159
15,661
12 576
1,611
37. 635
192,194
244, 522
10, 486
65, 706
18, 247
33, 563
40, 381
18,885
25, 827
893, 004
171,259
208, 149
8,221
62, 976
13,863
22, 851
34, 512
20, 554
22, 208
746,018
217, 924
264, 926
6, 643
83, 440
18,437
34, 307
35, 509
26 426
30,119
872, 459
199, 668
260, 158
6, 843
89, 607
18,197
34, 61 1
31,421
27, 152
25 822
826, 931
190, 045
249, 594
7,912
P5, 000
11,633
36, 596
13,325
32, 849
27.014
800, 271
187,046
293, 254
8,294
69, 828
22,246
42.011
30, 577
41,169
33, 927
914,896
177, 063
287, 913
7,309
80, 426
13, 502
33, 952
32. 480
36, 177
29. 889
901,031
195,490
292, 735
9,884
74, 507
20,317
28, 329
41,927
39. 685
30, 856
971.630
189.532
289, 554
10, 900
66 863
15,124
28, 071
47. 531
37, 497
34, 788
935, 067
195, 514
257, 240
9,208
48,216
16,290
21,697
57, 131
32, 836
32, 936
843, 220
210,425
237. 953
12,178
49. 431
13,102
24, 246
40. 437
30, 800
32,131
857. 259
289, 229
144, 008
88, 418
204, 965
166, 383
237, 610
1 22. 010
76, 220
109,268
140, 909
256, 985
166,932
93, 424
192, 616
162,502
213,015
184, 843
SO, 727
183, 276
165.070
216,336
187, 540
58, 588
183,515
154, 292
%9 233
193,779
79, 333
205, 092
167,459
269, 834
207. 047
75,511
186.323
162 316
300. 1 22
193. 305
92.714
216,172
169,317
293, 286
172 612
91,061
205 582
1 72, 527
231.668
135, 926
105, 828
203, 498
166, 299
243, 288
149.603
94,516
199, 645
170.207
413, 048
87, 990
14, 540
76, 837
1,625
38, 043
57, 856
479, 956
8,061
333, 763
80, 719
14, 220
59, 282
2, 003
30. 063
34,142
412, 255
5, 406
389, 202
117,074
9, 757
52 906
2, 549
30, 207
42, 153
483, 258
7,515
378, 805
1 27, 025
5, 828
54 489
2, 059
24, 379
30, 583
448, 126
5, 860
360, 365
138.847
5, 1 54
43 997
1.730
7, 566
35,215
439, 906
9. 536
437, 299
134, 047
5. 493
80 393
3, 865
25, 987
37, 906
477, 597
6, 571
439, 207
153,943
4,027
73 821
2,728
29, 394
33, 648
461, 823
6, 352
434, 935
138,108
4. 238
80 730
2, 504
43, 382
33, 850
536, 696
8, 106
408, 335
115,485
6,223
75 927
1,816
41, 832
37,711
526 732
7. 767
353, 198
76,128
4, 496
49, 046
2, 398
50, 893
31, 579
490, 022
6, 500
344, 843
82, 679
6 532
52 132
3 428
43. 653
23. 339
512,416
7, 293
78, 193
30, 744
10, 251
35, 297
47, 695
44, f!64
57, 997
25, 671
5, 860
31,191
38, 758
43, 1 22
70, 349
23 344
14, 287
06, 403
50, 009
51 081
59, 782
21 814
4,156
31,025
47, 951
48 415
65. 168
19, «71
7,871
30, 479
44, 799
48, 103
65, 594
28, 638
2. 552
33, 447
42, 230
60, 458
75, 677
22, 285
5, 516
31, 727
43, 246
53,717
132, 573
27, 393
22. 370
29, 326
44, 960
55, 321
129 090
24 906
31,076
24. 649
45, 587
59 250
116,138
21, 763
22, 384
25, 569
44, 484
58, 290
122,110
20 857
34, 388
24. 703
50, 938
55, 079
32 274
35, 072
17,815
11 442
11 700
5,109
5, 527
2,062
1 . 831
973, 389 1,016,764
835 TOO
TRANSPORTATION AND COMMUNICATIONS
TR AN SPORTATION
Airlines
Operations on scheduled airlines:
M^iles flown revenue
Express and freight carried
thousands
short tons
32, 229
15,543
9 739
4,612
1,852
914, 367
32, 551
17, 909
11 318
5,029
1,960
956, 974
31 529
17, 853
11 165
4,938
1,895
934, 584
32 144
19, 106
12 203
5,717
1 895
919, 952
30, 290
17, 783
11 492
5,993
1, 664
812,028
30, 973
19, 121
12 444
7,966
1,571
834, 298
M^ail ton-miles
flown
do
Passengers carried revenue
do
Passenger-miles flown, revenue
do
Express Operations
18, 725
17, 389
22, 746
18, 273
17, 172
17, 845
Operating revenues
thous. of dol _
d 0
65
76
44
37
146
Operating income
do
Local Transit Lines
10. 6642
10. 8224
10.6010
10. 7032
10. 6813
10. 5645
Fares, average cash rate
cents
1,012
1,072
r 1, 233
1,105
1,103
1,016
Passengers carried, revenue
millions _
114,800
127, 800
124,800
139. 200
117, 300
130, 200
Operating revenues
thous of dol
Class I Steam Railways
Freight carloadings (A. A. R.):d"
r
3,155
4, 142
3,522
3, 291
2, 993
3. 478
Total cars
thousands _
755
642
589
444
653
7fiO
Coal
do
79
66
82
66
64
63
Coke
- do
175
194
227
189
.98
168
Forest products
_
- _~do
254
210
212
219
240
217
Grain and grain products
do
51
69
34
73
46
27
Livestock
_ _
do __
422
312
202
118
356
361
Ore
do
285
368
304
296
331
268
Merchandise, 1 c 1
- do
Tr
1,533
1.747
Miscellaneous.^..'. _"-"."IIIIIIII-III~III—-doI-_J
1,455 I
1,533
11,967
,967!
11,664
,664!
1,524 i|
1.7
Miscellaneous
__
_ _ _ — do
r
d
Revised.
Deficit.
OIncluding Manchuria beginning January 1952,
cTData for September and December 1951 and March and May 1952 are for 5 weeks; other months, 4 weeks.
32 221
18, 484
11 911
5, 871
1 576
851,723
30, 896
16, 269
11 734
5, 688
1, 520
799, 871
33, 363
19, 142
13 039
5, 681
1,733
926, 746
33. 961
19, 247
12 894
5, 655
1,892
995, 954
20,1-13
20, 061
97
20, 090
46
19,982
19
19, 958
10. 8808
1,071
128. 500
1 1 . 0560
1,012
123, 900
11.0852
1,069
126, 500
11.1922
1,060
129,400
11.2579
1,054
128 300
11.3820
962
118,000
11.4477
1. 153
2,828
627
66
165
197
34
70
263
1, 405
2, 886
587
65
172
195
33
76
294
1,463
3, 624
686
79
218
234
37
105
377
1,888
2,912
498
53
175
162
36
211
297
1,480
3. 677
607
68
201
204
42
403
3,50
1.803
2. 608
478
22
179
232
26
96
278
1,298
2. 236
317
15
170
255
*5
44
257
1, 155
SURVEY OF CURRENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-23
1951
July
August
September
1952
October
November
December
January
February
March
April
May
June
July
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Class I Steam Railways—Continued
Freight carloadings (Federal Reserve indexes):
Total unadjusted
1935-39=100
Coal
do_
Coke
clo
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
clo
Forest products
~__do
Grain and grain products
do
Livestock
do_ _
Ore
do
Merchandise, 1. c. 1
__do_ __
Miscellaneous
do
Freight-car surplus and shortage, daily average:
Car surplus total
number
Box cars
do
Gondolas and open hoppers
do
Car shortage total
do, .
Box cars
- - - do_ _
Gondolas and open hoppers
do_
Financial operations (unadjusted):
Operating revenues, total
thous. of dol.
Freight
-- rto
Passenger
- -- d o _ _
Opera^ing expenses
do
Tax accruals, joint facility and equipment rents
thous. of doL.
Net railway operating income
do
Net income!];
_
do
Financial operations, adjusted: §
Operating revenues total
mil. of dol
Freight
- do.
Passenger
do
Railway expenses
do_
Xet railway operating income
do_ _.
Net income
do
Operating results:
Freight carried 1 mile
mil. of tori-miles
Revenue per ton-mile
cents
Passengers carried 1 mile, revenue
millions
130
97
209
143
156
50
325
44
143
125
97
215
143
130
61
203
45
142
137
122
206
155
151
64
313
47
145
133
122
215
148
140
67
209
47
144
144
130
209
153
148
107
308
48
154
133
130
211
142
132
81
205
46
143
146
134
202
152
154
128
267
48
157
135
134
206
144
154
83
180
46
144
140
140
218
149
156
88
174
47
149
137
140
218
152
159
70
180
46
144
123
127
216
128
135
65
73
43
134
133
127
206
144
143
68
235
44
142
128
133
214
139
146
64
64
44
138
141
133
203
155
146
67
256
46
151
126
120
203
140
137
57
69
47
140
136
120
192
146
140
72
28, 062
13,109
11, 928
8, 613
2,716
4,873
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
816, 812
674, 008
80, 602
683. 824
909, 945
758, 759
83, 830
700, 651
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
089, 298
8S, 238
049, 044
867, 034
712, 906
82, 343
685 369
844
704
73
649
91, 053
41, 935
16, 366
128,412
80, 881
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, 061
818.4
682. 7
73.9
774.8
43.6
12.9
854.3
712.2
74.8
806. 5
47.8
16.0
873.2
734.3
74.4
793. 9
79.3
49.5
897.0
751.2
72.7
818.2
78.8
47.2
907. 1
745.5
75.1
818.0
89.1
56.3
925. 4
727. 0
86.6
778.7
146.7
113.9
53, 284
1.333
3,190
60, 017
1.326
3,287
58, 131
1.298
2,918
61,838
1.374
2,718
56, 740
1.369
2, 697
2,599
1,280
2,774
1,179
2,685
1, 210
2 729
1,289
6.03
r
73
219
6.68
79
243
6.58
83
246
6.79
85
244
74, 203
86, 087
95, 978
75, 493
86, 849
51, 862
65, 535
46, 549
17, 943
27, 411
3,547
18, 020
24, 670
3,474
19, 001
17, 398
1,681
766
9,299
787
9,531
317, 948
185, 072
110, 185
232, 641
35, 505
39, 707
15, 422
15, 127
49
149
124
111
198
141
128
53
75
48
142
133
111
196
141
139
GO
257
47
149
123
103
163
142
115
05
195
47
139
126
103
166
142
130
73
212
46
141
124
101
178
131
116
59
292
45
138
122
101
179
120
132
00
212
45
137
111
96
68
144
165
45
82
44
122
108
90
69
139
161
56
53
44
119
104
75
56
147
183
45
73
43
116
102
75
57
146
153
56
46
43
115
8 185
1 012
2,084
3 992
1,747
1 550
9 204
2,101
1, 510
2,021
845
993
17 100
4,108
3,339
1 874
365
857
24, 303
11,153
2,554
2,296
704
959
28, 136
14, 609
6, 372
2,933
1,805
717
40,311
7,477
26, 642
2,070
1, 490
448
966
301
470
687
875, 471
729, 280
74, 077
675 135
847 478
702, 145
71 906
067 433
870,315
720, 138
75, 955
676, 418
814, 338
003, 809
81, 702
645 934
790, 718
644, 792
80, 482
634, 398
115,598
00, 007
41,304
119, 385
75 895
49 244
123,097
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
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
I 393
2,802
47, 293
1 475
3 005
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
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
200
6. 70
79
200
6.39
72
237
51, 315
44, 084
i 53, 587
52, 188
50, 857
54, 537
i 01 082
71 370
01, 010
72 209
i 58, 893
79, 967
25, 847
19, 602
842
28, 347
18, 364
353
26, 501
17, 592
216
24, 802
27, 374
267
r
45, 330
2, 455
34, 150
4,008
785
9,567
794
9,663
788
9, 579
780
9,531
326, 328
187,231
116,208
235, 864
37, 815
39, 889
320, 205
188, 477
108, 331
225, 658
29, 429
40, 066
335, 579
194, 221
117,636
238, 005
38, 970
40, 279
334, 449
196, 380
113, 990
235, 785
39, 647
40, 451
<*669
16,360
15, 057
456
15, 725
14, 623
371
17, 173
15, 009
1,395
2,082
1,768
106
2,142
1,712
224
2,184
1,674
315
2,375
1,974
283
2,455
1,984
365
2,453
1,946
400
277
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
dollarsRooms occupied
percent of total .
Restaurant sales index
same month 1929=100-Foreign travel:
U. S. citizens, arrivals_ _ . _.
.number. IT S citizens departuresc?
do
Emigrants
do, ._
Immigrants
_.do
Passports issued
_. __
._ _.
do_ _
National pnrks visitors-thousandsPullman Co.:
Revenue passenger-miles
._
millions
Passenger revenues
thous. of dol__
1
1
1
65, 249
68, 599
1
19 205
31 038
336
23, 897
44, 164
383
20, 431
48, 658
626
18, 898
51, 528
1,049
985
12, 072
886
10 808
867
10, 655
762
9,343
703
9,446
341,381
199, 422
117, 526
242, 793
40, 855
40, 679
339 151
198, 907
115,814
240, 030
39, 077
40, 127
332 063
196 952
110,319
231 914
39 702
40, 314
345 353
202, 195
118, 143
238, 954
42, 437
40, 516
343 596
203 861
114,762
234, 873
43 627
40, 662
352 525
205,171
121, 895
248, 667
41,238
40, 847
16, 120
14, 679
720
17, 423
15, 548
1,317
16, 789
15, 191
717
15, 875
14, 328
716
16, 801
14, 923
1,016
2,366
1,665
509
2,235
1,669
378
2,448
1,730
517
2,199
1,752
236
2,114
1, 733
192
2,569
2,022
441
2,532
2,036
388
2,726
2,156
495
2 669
2,099
443
2,510
2,013
372
COMMUNICATION S
Telephone carriers:©
Operating revenues
thous. of dol
Station revenues
do
Tolls, message
_
do
Operating expenses, before taxes
-do
Net operating income
do
Phones in service, end of month
thousands. _
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous. of doL.
Operating expenses, incl. depreciation. _-do_. .
Net operating revenues . do
Ocean-cable:
Operating revenues
do_ _
Operating expenses, incl. depreciation. __do
Net operating revenues ._ do
Radiotelegraph:
Operating revenues
do
Operating expenses, incl. depreciation
do
Net operating revenues _
_ do
r
7,233
10, 243
10, 384
12, 894
3 698
d
3, 247
15, 839
14, 544
474
2,237
1,759
274
2 155
1,702
251
r
2, 250
1,722
270
2 081
1,700
105
2,592
2,094
388
2 433
2,066
252
2 546
2,156
271
2 517
2, 056
340
d
Revised.
*> Preliminary.
* Deficit.
' Data exclude arrivals via international land borders.
JRevised data for June 1951, $52,158,000.
§Discontinued by the compiling agency after December 1951.
cf Data 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.
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September 1052
19 51
July
August
September
1952
October
November
December
February
January
March
May
April
June
July
CHEMICALS AND ALLIED PRODUCTS
1
!
CHEMICALS
Inorganic chemicals, production: J
Ammonia, synthetic anhydrous (commercial)
146. 664
147. 508
short tons... 146,592
4,092
900
Calcium arsenate (commercial)
thous. of l b _ .
0)
65,421
68, 1 70
67. 255
Oalcium carbide (commercial) ._ _ .short tons..
Carbon dioxide, liquid, gas, and solid©
157, 590
1 27, 406
thous. of lb_. 140, 799
215,729
21 2, 083
Chlorine, gas
.short tons.. 210,477
57,111
56. 005
56, 881
Hydrochloric acid (100% HC1)
do
O
Lead arsenate (acid and basic)
thous. of Ib.
0)
0)
124, 402
123,996
124,304
Nitric acid (100% HNOs)
short tons
1.799
1.829
1,824
Oxygen (high puritv)
mil of cu ft
151,677
163,038
Phosphoric acid (50% HsPOO
short tons.. 157,760
Soda ash, ammonia-soda process (98-100%
419. 987
403, 028
Na2COs)
.
short tons. . 434, 892
10,388
10.660
10, 966
Sodium bichromate and chromate
.do _ .
256,713
262, f>83
259, 727
Sodium hydroxide (100%NaOH)_
do
Sodium silicate, soluble silicate glass (anhy35, 730
46, 978
42. 666
drous)
short tons
Sodium sulfate, Glauber's salt and crude salt
72, 396
74,974
80, 037
cake
short tons. Sulfuric acid (100% H 2 S04):
1,077,216 1,074,257 1,046,075
Production
do
Price, wholesale, 66°, tanks, at works
20. 00
20.00
dol. per short ton .
20. 00
Organic chemicals:
Acetic acid (synthetic and natural), production
40. 778
39, 309
thous. of Ib.43. 767
86, 306
86, 343
Acetic anhydride, production
do ._..
85. 593
799
945
1, 134
\cetylsalicylic acid (aspirin), production do
Alcohol, ethyl:
40, 945
Production
..thous. of proof gal.. r ' 35, 497 44,599
101,740
107, 722
Stocks, total
do ... 101.248
In industrial alcohol bonded warehouses
' 77, 194
71,103
thous. of proof gal.
73, 525
24, 054
30, 636
34, 196
In denaturing plants
do
43, 655
39, 924
42, 509
Used for dena-turation t
-- d°
r
2, 233
3, 595
3, 033
Withdrawn tax-paid
do
Alcohol, denatured:
21,421
23, 348
22, 757
Production
thous. of wine gal .
22, 381
22, 392
21 030
Consumption (withdrawals)
do
r
9, 765
10, 252
10, 875
Stocks
do
11,677
11,186
11,783
Creosote oil, production
thous. of gal_.
5, 697
6,479
6,134
Ethyl acetate (85%,), production
thous. of l b _ _
Glycerin, refined (100% basis):
High gravity and yellow distilled:
6,061
3,661
5,416
Production
thous of Ib
6.072
6, 405
6,976
Consumption
do
15, 556
17,297
Stocks
..do
16, 165
Chemically pure:
10,540
6,970
10, 676
Production
do
6, 714
6,324
6,947
Consumption
do
25, 943
24, 914
24, 883
Stocks
._
do
Methanol, production:
172
176
180
Natural (100%)
thous. of gal
15, 431
14, 845
15, 536
Synthetic (100%)
.do
18, 883
21, 524
21, 241
Phthalic anhydride, production
thous. of lb._
155. 913
0)
71,011
156,692
O
69. 730
161.681
(')
69, 095
158, 848
(')
72, 178
151,632
O
67. 788
172,099
0)
67. 974
108, 103
224. 250
59, 920
818
132, 286
1 967
154,060
84. 823
219,250
50, 639
1. 152
133. 790
1 938
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
i
107,512
221, 169
53 129
1,526
137 924
1 954
172,135 !
430, 622
11,276
275, 224
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
49. 485
48 116
43. 268
45 705
43, 599
81.120
75, 057
69. 408
72, 078
67, 363
1,130,831 1,179.263
1,165,356
1,131,289
1,174.836
1.099,964
177,059
' 165, 105
884
58, 380
160,034
1 , 256
56. 074
T
r
127,158
214,128
50 669
558
128 065
r I q4l
173, 334
144, 834
200,169
48, 493
300
122, 670
1 131
153, 497
363, 579
6 428
258, 521
358,448 '
6 745
250,564 i
334, 449
5, 9S5
230, S83
46 852
36 794
38 565
41,194
73, 973
65, 646
67 031
65, 778
(0
60,601
r
r
1,115,602 1, 109 076 1,014,939
20.00
19.90
20.00
20. 00
20.00
20.00
20.00
20.00
20 00
37, 952
86, 070
1.056
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
26, 380
27, 591
1 247
26, 535
31,536
1 109
47, 336
103.927
40, 477
91, 184
39 732
89.377
42, 253
94. 742
42, 421
94, 645
41, 129
95 360
33. 857
95, 685
26, 062
82 369
32, 922
74, 4_'0
32. 992
77 437
66, 465
37, 462
43. 362
3.016
61,803
29, 381
45, 582
3,161
59. 298
30. 079
42.072
2,417
58, 960
35 782
48, 919
1,992
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 3«5
30 539
1.395
oO. 5X4
47.610
oq %y-
:« 099
1 , 447
2. 052
23, 723
27, 232
6, 645
12, 051
5, 441
24, 415
24, 186
7,477
12, 301
8,144
22, 464
21,944
8, 333
11.293
3, 887
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
90
12
14
4
368
282
093
'401
419
16 472
19 986
S 550
13 293
4,339
17,8nS
1<4 (YAQ
17 46S
5, 529
6,718
14, 735
5, 129
5, 677
15, 623
4,849
5. 087
1 5. 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
11,747
7,874
26, 524
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, OOS
24, 507
H 2-37
6 628
21, 684
193
15, 950
21, 773
175
16. 503
19, 926
115
17,224
20, 694
192
14,226
18, 844
173
13 756
19, 462
185
13.95]
21, 519
161
13 498
21 348
201
13 111
21, 263
742
305
772
159
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
T
1,167
207 943
15 °>53
176 649
7 8S7
529
136, 742
7,652
117,254
371
173 1Q3
2Q9 037
147 963
33* 915
*•>' 8Q2
12^488
' '
57 00
157 711
908 013
151 448
00 517
14 698
23, 258
IS 018
8. 055
«' 100
FERTILIZERS
Consumption (14 States)!
Exports, total
.
Nitrogenous materials
Phosphate materials.. _ _ .
Potash materials
thous. of short tons..
.
.. short tons.do _.
.._
.... -do ._
do
302
307,411
25, 762
269, 841
9. 049
349
297,010
13, 139
259, 668
11, 585
494
235, 053
16, 570
183,344
14. 197
708
315, 160
26, 483
267,011
8. 854
151. 837 rT 194, 735
147, 137
190,328
Imports total
do
121,424
79, 692
89, 105
128,216
Nitrogenous materials total
do
33, 065
53, 401
58, 487
41,768
Nitrate of soda
do .
r
17,154
7, 871
10, 798
I , 962
Phosphate materials
do
52,158
54, 721
37, 1 52
37, 708
Potash materials
do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
53. 50
53. 50
53. 50
port warehouses
dol. per short ton
53. 50
106, 134
113.326
Potash deliveries
short tons
114,311
112 498
Superphosphate (bulk)811. 543 r 923, 966
850, 009
Production
do .. r 822. 116
l, 240, 21 3 n, 268,280 r 1,245, 504 i, 183, 481
Stocks, end of month d1
do
220,
27
130,
6
155,601
105 877
36, 395
9 210
28,131
57.00
119 074
r
r
173,298
101 457
41,780
T
19, 358
44,934
r
T 255 151 ' 257 090 r
186 62'?
165 806
72 814
59 960
T
17
751
21 P06
r
55. 022
27, 731
57 00
114 903
57 00
193 582
966 024
1,293,588
1 033 44°
r
l, 217,399
57 00
121 535
954, 651
893, 639
1,1 63, 982 r l, 251, 797
21 9 807
152 137
54, 651
8 588
T
49, 833
T
57 00
140 625
96 732
18 706
17 510
26, 981
57 00
1°5 600
57 00
1°7 810
113 ig7
1 101 454 1 137 270 r i 074 722 r 941 330
932 141
1,046,710 rflOO,065 '1,018,031 '1,238,946 1,369,629
NAVAL STORES
Rosin (gum and wood) :
Production, quarterly total
drums (520 Ib.).
Stocks, end of quarter
do
Price, gum, wholesale, "WQ" grade (Sav.), bulk
dol. per 100 Ib..
Turpentine (gum and wood):
Production, quarterly total
bbl. (50 gal.)__
Stocks, end of quarter
__.do
Price, gum, wholesale (Savannah).. dol. per gal..
' Revised.
i Not available for publication.
579. 940
665, 530
8.23
.73
8.33
8.67
.68
195, 2(50
179,300
.75
ew York price.
507, 600
748. 700
9.07
9.40
9.40
1 67, 540
197,630
.80
9. 40
2
9. 35
2
8. 70
127,940
194 450
2
.80
.80
*. 66
.80
.76
JRevised data for January-October 1950 are available upon request.
91; October-December, 111; 1952—January-March, 322; April-June, 331.
cfRevisions for January-June 1951, respectively (short tons): 1,193.211; 1,119,928; 938,648; 832,284; 919,900; 1,095,210.
392 400
722, 580
2
8. 55
2 8 55
28.50
2.61
3.60
2.63
;): 1951—January-March, 296; April-June, 286; July-September,
SURVEY OF CURRENT BUSINESS
September 1952
S-25
1951
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
July
August
September
October
1952
November
December
January
February
March
April
May
June
July
CHEMICALS AND ALLIED PRODUCTS—Continued
MISCELLANEOUS
Explosives (industrial), shipments:
768
Black blasting powder
thous. of Ib
556
1 193
946
1 164
842
706
1 355
1,276
1 591
1 610
56, 451
65, 264
63,111
High explosives
_
_
_ _ __ do _
55 512
62, 425
62, 244
57,
61 905
57, 659
53, 297
59, 669
68, 033
Sulfur:
433 871
448, 842
458, 025
460 058
462 701
Production
long tons
412 481
445 014
435 828
443
454 960
459 805
418 655
2, 669, 635 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
Stocks
do
489
586
251
51 315
017
335
477 939
2 982 331
FATS, OILS, OILSEEDS, AND
BYPRODUCTS
Animal fats, greases, and oils:J
Animal fats:
T
297, 887
279, 284
321 630
281, 549
290, 088
378, 755
Production
thous. of Ib
365 093
388 109
398 619
305 335
349 058
417 530
327 893
103, 387
72, 754
95. Ill
114 807
119, 944
121,614
96, 644
98, 302
Consumption, factory
_do
117 906
121 909
112 690
115 548
116 026
277, 129
270, 761
336, 784
329, 625
258, 887
Stocks, end of month
_ _ _
_
do
367, 590
325, 955
327, 037
303. 436
269, 893
377,329
329 408
261,850
Greases:
47, 222
49 982
58 013
52 114
54 642
56 659
4Q 486
58 217
58 919
46 862
Production
do
50 357
49 801
44 932
28, 110
36 701
46, 782
41,551
31 969
37 913
40, 075
42, 173
42. 189
44 277
42 855
Consumption, factory
- do
45, 248
31, 098
113, 378
104 574
113 712
111 895
100 536
105 938
110 682
105 411
100 465
Stocks end of month
do
118 495
115 580
103 801
103 919
Fish oils:
5 141
25, 463
169
25, 240
18, 789
298
900
2 305
2 297
11 060
16 612
Production
do
12 748
22 631
8,925
9 451
9,429
8,578
9,993
11,477
Consumption, factory
do
9,758
9,840
9,089
10,918
11, 508
10 174
8 331
75,
111
73,
055
82,
084
97,
846
102,
999
73,
295
104,219
66,
640
69,
931
68,
538
96,
437
109,
630
Stocks, end of monthcf
do
84, 479
Vegetable oils, oilseeds, and byproducts:!
Vegetable oils, total:
396
483
584
330
430
522
440
616
382
343
552
Production crude
mil oflb
604
304
482
509
358
484
442
277
377
487
529
487
Consumption, crude, factory
do
478
410
361
Stocks, end of month:
1,008
1,005
1,021
1 251
1,026
1,202
1 123
1,275
1 279
1 202
1 287
1,100
1 054
Crudecf
do
536
589
504
255
329
624
250
292
368
572
632
556
436
Refined
do
83, 367
58, 618
39, 913
83 843
74, 267
49 815
49 731
61, 395
58 899
68, 101
52, 833
Exports
thous. oflb
32 674
24, 596
39, 332
19, 647
27,157
36, 491
28, 638
31 . 067
24, 878
28, 433
35, 813
33, 087
30 935
Imports, total
do _
3.989
2 049
1 886
2,415
2,285
2, 563
2 050
1,245
2,869
4 389
442
5 051
Paint oils
do
35 371
24, 872
22 032
32 502
25 844
22' 827
37 446
18 402
26 019
30 218
26 590
26 678
All other vegetable oils
do
Copra:
30, 476
22,047
29, 539
18, 028
23, 068
32, 794
26, 367
28, 859
16.051
29, 807
37, 219
35, 774
Consumption, factory
_ short tons
37, 297
25, 202
26. 334
11 267
20, 923
27 492
21, 546
21,161
11. 974
11 952
25, 462
21, 063
21 643
Stocks end of month
do
4 061
29, 661
41,011
36, 287
34, 681
35, 147
46, 183
31,787
21,892
25, 848
31, 978
Imports
_ do_
16 455
23, 608
Coconut or copra oil:
Production:
22, 632
38, 132
33, 176
36. 929
27, 903
41 626
37, 492
37,410
44, 976
29, 564
21 486
47, 172
48, 133
Crude
_ _ _ thous. o f l b
97 765
26, 745
17,645
30 494
27, 987
22, 714
24, 983
31 625
28 028
32 465
31 Oil
28 270
26 578
Refined
do
Consumption, factory:
41,119
45, 222
42, 364
44, 475
28, 911
39, 645
36, 159
48 315
47 698
45 564
39, 710
43 436
Crude
do
48 037
23, 431
25, 099
15, 631
22, 336
20, 254
26, 727
27 486
28, 306
28 085
27, 305
25, 348
22, 459
Refined
do
26 131
Stocks, end of month:
49, 699
82, 143
82, 279
85, 006
92, 073
85, 024
74, 804
81. 387
61,932
84, 528
79, 869
67, 285
56 707
Graded1
- - do_ _
7,578
9,103
9,322
9,013
6, 995
8 961
9 863
8,839
8,342
6,809
7,207
8 899
7 596
Refined
do
12, 745
5,701
3,825
3,899
3,731
1,767
7,173
5, 362
7,522
7,921
9,718
Imports
__
do9 777
Cottonseed:
1, 006
78
55
163
1,054
22
322
556
68
1 587
598
Receipts at mills
thous of short tons
14
14
776
433
545
72
117
541
Consumption (crush)
do
306
688
199
653
838
218
153
1, 935
802
1,180
66
935
1,705
137
1, 515
Stocks at mills, end of month
_
do_
315
422
1, 881
518
176
Cottonseed cake and meal:
55, 746
361,949
250, 122
201 182
253 208
303, 841
32, 880
387 447
101 133
146 191
319 884
92 222
Production
short tons
69 838
45, 104
56, 176
55, 430
71, 645
70, 841
60, 316
47, 336
72, 854
57 870
46 396
56 737
57, 343
Stocks at mills, end of month
do
58 946
Cottonseed oil, crude:
41, 143
244, 053
143, 727
24, 271
166, 505
176, 041
206, 005
257, 819
218 547
52 822
106 633
Production
_ thous. o f l b
72 082
60, 200
41, 077
184, 843
162, 209
20, 121
152, 672
174 795
29 133
186, 292
90, 010
188 644
Stocks end of month
do
96 917
129 093
58 609
Cottonseed oil, refined:
54, 023
164,076
182, 805
24, 446
96, 085
123 723
136. 955
173,826
185 037
40, 499
186, 793
100 080
Production
- - - do
79 578
90,150
109 369
107 399
63, 465
117,870
135 226
100 550
125 071
118 578
122 100
106 108
97 735
Consumption factory
do
113 260
17,070
32, 583
35. 335 1 44, 497 1 35, 623
21,210
28, 784
28 523
28, 019
30, 583
36,816
35, 858
In oleomargarine
do
28 764
1
361, 320
383,410 *413 893 1434 758 !432 6^0 i 401 400
147, 024
102, 715
336 814
279 881
225 137
98 103
154 868
Stocks end of month
do
.205
.220
.241
.190
.218
.203
.221
.218
.217
Price, wholesale, drums (N-Y.)*__.dol. per lb__
.180
.180
. 213
.185
Flaxseed: _
3
2
29, 665
33 802
Production (crop estimate) §
thous of bu
Oil mills:
2,243
1,580
Consumption
_
do
2, 581
2, 196
3,149
2,810
3, 022
2,854
2,083
2,298
2 172
2,943
1,897
4,429
5,547
5,844
3,346
4 430
3 259
3 654
6 407
7 098
6 831
Stocks, end of month
do
3 608
3 440
3 OW
4.23
4.02
3.42
4.16
4.54
3.83
3.41
4.56
4.16
Price, wholesale, No. 1 (Minn.).._dol. per bu__
3.93
4.40
3.96
4.00
Linseed oil, raw:
44, G20
31,860
46, 857
63, 396
45, 707
52, 120
57, 057
59, 964
54, 981
Production
thous. of lb__
41, 647
38, 953
60, 500
44,
015
r
45, 899
41, 734
46, 650
43, 661
40, 462
44, 027
Consumption, factory
_ do
44, 651
52, 352
42, 363
50, 091
46, 173
43, 685
43 565
659, 688
659, 383
634, 748
635, 184
625, 368
652, 657
652, 696
633, 674
640, 760
638 021
646 589
638, 785
Stocks at factory, end of month
do
637 975
4
155
.195
.186
. 159
.212
.169
.181
.197
176
.209
Price, wholesale (N Y )
dol. per Ib
.210
178
Soybeans:
2
280, 512
Production (crop estimate) §
thous. of bu
3 264, 395
22, 457
24, 046
14, 721
23, 036
Consumption, factory
_
_
do
21, 540
17,759
18, 797
21, 556
20 129
17 469
23, 179
19 682
18 617
22, 706
58, 356
42, 708
49, 430
50, 901
4,274
68, 052
Stocks, end of month
do
32, 307
61, 848
22. 464
28, 493
9,715
30, 838
Soybean oil:
Production:
222, 247
148, 658
224, 834
234, 386
1 76, 357
218, 3«1
221, 400
214, 799
187, 910
Crude
__ _ _
thous. oflb
204 138
199 002
178 701
189 977
180, 626
130,391
183 469
149 822
120, 792
143, 782
154 263
198 641
179 073
Refined
do
136 668
181 249
162 158
177 198
171 244
168, 379
127,916
147, 351
164,911
134, 518
116,315
Consumption, factory, refined
do
171 062
159 187
148, 240
136, 660
188 112
142 825
Stocks, end of month:
121,135
224, 072
245, 027
240, 510
230, 950
116, 683
90, 907
197, 346
107, 993
164, 529
197 473
Crude
do
185 122
180 130
103, 120
109, 459
79, 870
75, 261
95,343 i 85, 236
130, 234
83, 920
97, 092
73, 602
Refined
do_
126 720
111 280
116 618
.155
.195
.165
.199
.150
.179
. 190 i
Price, wholesale, edible (N. Y.)
dol. per Ib—
.144
.148
.206
.191
.174
.174
T
2
3
4
Revised.
i Includes stocks owned by Commodity Credit Corporation.
December 1 estimate.
August 1 estimate.
Minneapolis price; comparable data for May 1952, $0.155.
tRe visions 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 17. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.
§ Revised production estimates are as follows (thous. of bu.): Fiaxseed (1946-49, respectively)—22,588; 40,618; 54,803; 42,976; soybeans (1944-49, respectively)—192,121; 193,167; 203,395; 186,451;
227,217; 234,194.
SUEVEY OF CURKENT BUSINESS
S-26
September 1952
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
July
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
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.—Continued
Vegetable oils, oilseeds, etc. — Continued
Oleomargarine:
Production
thous. of Ib
Stocks (factory and warehouse)
.. _ do. _
Price, wholesale, vegetable, colored, delivered
(eastern U S ) *
dol per Ib
Shortenings and compounds:
Production
_
_ thous. of l b _ _
Stocks end of month
do
69, 436
17,451
86, 286
17, 022
85, 074
16, 461
98,219
19,218
94, 979
17, 704
96, 240
18, 830
128, 145
17, 485
114,051
24, 951
96, 762
21, 655
.299
.291
.290
.290
.290
.289
.289
.259
.259
.253
.249
266
80, 203
114,434
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
113 445 i 106 386
42 031
41 608
71, 414
64, 778
1110 938
41, 594
69, 344
i 124 670
44 287
80, 383
126
768
r
44 620
r
82, 148
122 533
40 749
81, 784
112, 624
88, 436
PAINTS, VARNISH, AND LACQUER f
Factory shipments total
Industrial sales
Trade sales
80 796
thous of dol
do
do
1
Ir
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
of Ib
do
do
do
Phenolic and other tar acid resins
_ „ _ do
Polystyrene
do
Urea and melamine resins
_
do- _
Vinyl resins §
do
Alkvd resins §
_ _ d o _ .Rosin modifications
do
Miscellaneous resins §
_ _ _ _ _ do_ _
3,062
5,766
508
801
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
33, 671
30, 492
13, 823
39, 531
28, 514
6,434
12, 523
32, 477
32, 279
16,218
39,111
30, 347
4,601
15,030
33, 054
30, 372
14, 561
39, 1 54
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
1 2, 96i
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
r
29,
326
r
8, 030
17, 341
24, 827
26, 413
15,312
29. 357
28, 507
7,882
17, 467
ELECTRIC POWER AND GAS
ELECTRIC POWER %
Production (utility and industrial), total
mil. of kw.-hr__
Electric utilities, total
do
P>y fuels
do
By water power
do
Privately and municipally owned utilities
mil. of kw.-hr__
Other producers
do
Industrial establishments, totaldo
Byfuels_
_
_
__-do_ _
Bv water power .
do
Sales to ultimate customers, total (Edison Electric
Institute)
_ __ mil.ofkw.-hr
Commercial and industrial:
Small light and power
do
Large light and power
do
Railways and railroads
do
Residential or domestic
do
Rural (distinct rural rates)
do
Street and highway lighting
do
Other public authorities
_ _ _ _ _
do
Interdepartmental
_ do
Revenue from sales to ultimate customers (Edison
Electric Institute)
thous. of dol_
35, 435
30, 392
22,111
8,281
37, 510
32, 326
24, 510
7,816
35, 296
30, 275
23, 239
7, 036
37, 775
32, 441
24, 893
7,548
37, 313
32, 095
24 017
8, 079
38, 459
33, 143
24 Oil
9, 132
39, 710
34 203
24 302
9 901
36, 768
31 536
22 075
9 461
38, 568
33 040
22 597
10 443
36, 736
31 515
21 553
9 962
37, 065
31 824
22 132
£ 692
36, 052
31 525
22 366
9' 160
37, 007
32 523
23 785
8 738
25, 974
4,418
5,042
4,701
341
27, 638
4,689
5,184
4,861
322
26, 197
4,078
5,020
4,722
299
28, 224
4,217
5, 334
4,993
341
27, 934
4 161
5,217
4,872
345
28, 534
4 609
5, 316
4, 896
420
29, 006
5 197
5 507
5,042
465
26, 717
4 819
5 232
4,766
466
27, 647
5 393
5, 529
5,022
506
26, 559
4 95Q
5' 221
4 753
26, 910
4 915
5 240
469
4,745
496
26, 451
5 075
4' 526
4 141
27, 249
5 274
4 484
4, 159
326
25, 663
26, 725
26, 777
27,114
27, 481
28, 263
29, 217
28 708
28, 453
27 766
27 178
26 856
4 875
12, 729
422
5 779
952
223
637
47
5,012
13, 493
427
5 810
1 , 030
245
669
40
5,030
13,321
413
6 065
980
269
659
40
4 813
13,919
446
6 186
720
302
686
42
4 861
13,779
475
6 712
577
325
713
39
4 976
13, 704
527
7 447
521
347
699
43
5 124
13, 797
523
8 170
503
348
717
35
5 048
13, 700
488
7 Q02
496
318
722
35
4 945
13, 869
504
7 548
544
298
710
35
4 792
13, 764
4 767
13, 669
5 046
13 069
458
444
404
7 157
6 679
6 544
639
249
691
40
800
236
713
44
457, 799
469, 300
476, 635
477, 724
488, 495
501, 349
522 258
514 575
504, 334
494 080
486 460
488 551
598
268
698
30
385
GAS cf
Manufactured and mixed gas (quarterly) :
Customers, end of quarter, total
thousarids__
Residential (incl house-heating)
do
Industrial and commercial
do
Sales to consumers, total
mil. of therms
Residential
do
Industrial and commercial
_ do
Revenue from sales to consumers, total
thous. of dol__
Residential (incl. house-heating)
_ do
Industrial and commercial
do
Natural gas (quarterly):
Customers, end of quarter, total. _ _ thousands Residential (incl. house-heating) _ _ do _ _
Industrial and commercial __
_ do
Sales to consumers, total
mil. of therms
Residential (incl house-heating)
do
Industrial and commercial
_ do
Revenue from sales to consumers, total thous of dol
Residential (incl. house-heating)
do
Industrial and commercial
do
8,230
7,667
557
594
315
269
8,044
7 491
549
829
522
290
7,932
7 376
551
1 156
785
353
101, 899
71, 134
29, 906
127,909
92, 138
34, 338
165, 655
121 287
42, 851
120 928
86 277
33, 743
16, 192
14, 923
1,251
8,666
1,257
6, 988
269, 807
107,811
154 061
17,178
15,782
1,378
11,532
3,728
7, 413
452, 637
255, 866
188 563
17 553
16, 101
1 434
14 861
6 409
8 037
648 863
18 145
16* 694
1 433
41 6* 815
222 670
7, 336
6 819
' 512
809
491
308
ll' 113
3 219
7 5^9
434 422
236 113
190 375
Preliminary..
* Comparable data for January-June 1951, respective! T (thous. dol.): 128,102; 117,025; 132,257; 122,925; 128,048; 121,357.
Revised..
*Ncw series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics. D; ta prior to February 1951 will be shown later.
t Revised series. Data are estimated total factory shipments of finished paint, va m'sh, and lacquer. Figures supersede those shown in the SURVEY prior to the June 1952 issue,
which did not measure total shipments.
§See note "1" in the February 1952 SURVEY and earlier issues regarding changes in cla siflcation and coverage beginning with data for January 1951.
^Unpublished revisions for January-July 1950 for electric-power production will be sho vn later.
cfAll 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.
SUEVEY OF CUEEENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-27
1952
1951
July
August
September
October
November
December
January
February
March
April
May
June
July
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Term en ted malt liquors:
'r 9, 022
Production
thous. of bbl
8, 492
Tax-paid withdrawals
_
do
r
11, 406
Stocks end of month
do
Distilled spirits:
18, 774
Production
thous. of tax gal__
Consumption, apparent, for beverage purposes
12, 615
thous. of wine gal
r
Tax-paid withdrawals.
thous. of tax gal- r 7, 018
910, 334
Stocks end of month
do
1,345
Imports
thous. of proof gal.
Whisky:
9,763
Production
_
thous. of tax gal.
3,686
Tax -paid withdrawals
do
' 755, 768
Stocks, end of month _
_ _ do
1,243
Imports
thous. of proof gal
Rectified spirits and wines, production, totald"
6,431
thous. of proof gal _.
5,837
Whisky
_
.do...
Wines and distilling materials:
Sparkling wines:
59
Production
thous. of wine gal
56
Tax-paid withdrawals...
do
1,546
Stocks end of month
do
33
Imports
do
Still wines:
1,036
Production
do
6,969
Tax-paid withdrawals .
do. _
127, 386
Stocks end of month
do
260
Imports
do. _
602
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
16, 376
22, 214
34, 768
28, 840
19, 382
17, 026
15 546
15, 009
14, 166
14, 688
8,664
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
r
1, 515
13, 905
8,955
941,
184
r
1,315
6,905
5,002
756, 411
1,219
8,158
6,887
755, 457
1,628
10, 322
9,129
755, 041
2,209
10, 831
6,679
756, 521
1,714
10, 463
4,682
760, 803
1,516
9,548
4,095
765, 029
1,129
9,114
4 645
768 047
1 102
8,648
5,536
768, 745
1,401
8,045
4,997
769, 763
1,208
7,843
6,904
10, 375
9,501
12, 609
11,242
9,518
8,502
7.349
6J516
5,094
4,348
6,052
5 394
7,060
6,174
149
71
1,617
38
67
95
1,585
43
46
133
1,484
72
80
173
1,385
115
118
173
1,316
98
141
76
1,365
41
59
56
1 352
27
55
59
1,334
31
4,102
8,573
120, 474
259
8,732
29, 039
9,879
139, 168
269
73, 107
77, 369
11,515
210, 588
424
150, 884
39 076
12, 230
237 581
538
87, 335
8,393
10, 877
231 616
605
25, 981
2,892
10, 702
222, 652
391
6,654
1 368
10 627
210 209
292
526
120, 185
116, 790
.673
95,900
113, 501
.682
87, 815
94,611
.707
67, 515
59, 349
.740
69 945
27, 051
.791
77 435
13, 874
.803
77 250
7 879
.845
111, 005
86, 855
269, 564
233, 788
7,419
91 945
69, 965
272, 053
239, 500
3,588
82 445
59, 005
259, 415
229, 561
3,288
64 750
42, 970
232, 968
204, 683
4,095
65 480
43, 130
222, 136
194, 784
3,863
68 760
45, 810
193, 272
167, 824
4,895
.420
.410
.424
.431
.449
20, 475
4,375
264, 000
15,950
4,200
197, 000
14, 875
4, 250
166 500
12 350
4,650
133 500
7,171
543, 438
5,878
501, 412
6,957
448, 008
3,195
27, 617
2,616
26, 573
10.80
6.09
8,975
8,412
10, 961
11, 116
9,266
11, 190
11, 642
8,592
6,444
14, 618
9,349
940, 454
1,362
13, 119
9,723
937, 156
1,326
9,972
932, 414
6,793
4,546
769, 996
1,265
4,823
5,028
767, 558
1,234
2,515
4,322
763, 490
6, 936
6,037
7,398
6,461
6,757
5, 887
7,590
6,389
201
69
1,458
31
129
71
1,510
36
102
86
1,515
35
1 462
1,644
10, 453
11 406
199 133 189, 089
427
416
456
685
1 640
9,326
181 346
365
126
853
9,120
170 606
360
155
92 030
6, 505
.738
103 780
10, 522
.714
134 970
30, 821
.693
70 540
47 210
166, 040
142 945
3 385
85 735
58, 465
155, 195
133, 815
2 832
102 450
74' 410
158, 949
139, 705
3 263
138 275 rr 139 475
106, 525
109, 245
185, 927 ••217,604
164, 654 r 192 920
2 942
1 904
121 410
93 870
237, 754
210 263
.444
436
429
423
429
435
436
14 750
6 190
141 700
13 600
6 550
157 000
14 100
6 025
164 850
18 000
7 400
205 000
20 800
4 500
261 850
34 100
3 900
366 100
25 200
4 725
347 750
18 400
3 540
271 500
8,777
357, 311
9 185
225, 988
6 585
140, 611
7 388
74 505
8 237
76 443
7 299
123 180
8 195
225 802
9 540
390 517
7 975
417 013
1,463
12, 590
1,124
4,277
1,262
6 048
6,856
5 731
3 215
7 025
4 729
5 676
2 301
8 296
2 656
8 031
1 528
10 351
10.80
6.06
10.80
6.05
10 80
6.08
10 80
6.19
10 80
6.25
10 80
6.34
10 80
6.38
10 80
6.39
10 80
6.32
10 80
6.30
10 80
6.33
10, 505
4,268
5.12
9,145
3,407
5.20
8,528
3,060
5.30
7 611
2,378
5.38
7 797
2 477
5.43
8 178
2 706
5.44
8 170
2 731
5.48
9 494
3 292
5.46
10 129
3 823
5.33
12 049
5 061
5.26
11 867
4 961
5.23
11 039
4 427
5.33
9,775
66, 900
7,150
45, 425
6 115
35, 825
4 125
25 930
5 955
35 400
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 7^0
85 250
26, 325
125, 340
25, 511
109, 868
23, 288
82, 219
19, 612
56 548
17 917
42 265
16 765
29 677
14 625
24 327
13 343
34 566
14 558
54 691
16 785
108 457
18 946
150 703
1fi1 891
4,449
4,196
2,835
2,675
3,836
2,139
5,598
2,994
4 932
2,508
3 663
1,639
3 494
7 908
5 371
4 305
2 499
4 415
2 842
9 839
5 118
2 303
.147
.149
.147
.150
.151
.152
.156
.159
.163
.163
.163
7,328
6,099
10 662
7,440
6,744
10, 891
p
7,964
7,381
10, 943
DAIRY PRODUCTS
Butter, creamery:
133, 775
Production (factory)t
thous. of Ib
104, 405
Stocks, cold storage, end of month
do_
.675
Price, wholesale, 92-score (New York)_dol. per lb__
Cheese:
127, 175
Production (factory) totalt
thous of Ib
101, 505
American, whole milk t
do
262, 540
Stocks, cold storage, end of month, total.. .do
227, 199
American, whole milk
do
2,454
Imports
do_
Price, wholesale, American, single daisies (Chi.408
cago)
dol. perlb.
Condensed and evaporated milk:
Production: J
Condensed (sweetened):
23, 750
Bulk goods
thous. of Ib
4,900
Case goods O
do
315, 300
Evaporated (unsweetened), case goods do
Stocks, manufacturers', case goods, end of month:
7,905
Condensed (sweetened)
thous. of Ib
524, 514
Evaporated (unsweetened)
do
Exports:
2,466
Condensed (sweetened)
do
15, 596
Evaporated (unsweetened)
__
_ do
Prices, wholesale, U. S. average:
10.80
Condensed (sweetened)
_.dol. per case
6.12
Evaporated (unsweetened)
do
Fluid milk:
11, 426
Production J
mil. of Ib
4,845
Utilization in mfd. dairy products
._ do.
5.05
Price, dealers', standard grade
dol. per 100 lb._
Dry milk:
Production: t
13, 625
Dry whole milk
thous. of Ib
82, 050
Nonfat dry milk solids (human food)
do
Stocks, manufacturers', end of month:
24, 130
Dry whole milk
do
128, 615
Nonfat dry milk solids (human food)
do
Exports:
5,369
Dry whole milk _ _
do
24, 195
Nonfat dry milk solids (human food)
do
Price, wholesale, nonfat dry milk solids (human
.147
food), U. S. average
dol. perlb..
T
131 055
68, 616
.690
T
122 320
98 580
.714
23 Qgi
.164
FRUITS AND VEGETABLES
Apples:
1
Production (crop estimate)
thous. of bu_.
110, 660
2 93 122
206
254
4,163
1,127
Shipments, carlot _
_
no. of carloads. _
3,637
2 856
2 449
2 008
2 047
935
283
1 450
402
293
294
7,684
Stocks, cold storage, end of month__ -thous. of bu__
28, 375
28, 000
22,113
16, 014
5,983
10,' 753
2,894
1,037
148
"282
r
7,195
6,332
7,553
6,201
Citrus fruits, carlot shipments
no. of carloads. _
7,727
11, 839
11, 548
10, 472
11, 397
12, 605
11,218
9, 561
9,622
Frozen fruits, stocks, cold storage, end of month
610, 299
thous. of lb__ 573, 708
599, 766
571, 229
489, 932
496, 386
465, 137
471, 101 466, 735
537, 679 ' 580, 264 592, 250
475, 636
Frozen vegetables, stocks, cold storage, end of
445, 724
month
thous. of lb__ 369, 311
515, 766
554, 175
522, 076 498, 340
444, 409
398, 699
348,023
313, 708 301, 739 ' 336, 911 385, 474
Potatoes, white:
Production (crop estimate)^
thous. of bu._
i 325 708
2 335 421
10 KCfi
12, 931
12 373
11, 589
99 OA*Z
Shipments carlot
no. of carloads
1 9 8.9^ — ~ ~ ~ ~ ~ ~ ~
18 289
19 079
16 378
24 138 — r ~ ~ ~ ~ ~ "
Price, wholesale, U. S. No. 1 (New York)
dol. per 100 lb__
3.008
3.436
4.171
3.865
4.736
5.540
6.875
6.660
6.025
5.820
5.570
4.844
6.708
l
2
' Revised.
December 1 estimate.
August 1 estimate.
cf Figures beginning July 1951 exclude production of wines and vermouth; for July 1950-June 1951, such production totaled 99,000 gallons
JRevisions prior to November 1950 are available upon request as follows: Beginning 1949 for butter, cheese, and nonfat dry milk solids; beginning 1950 for condensed and evaporated
milk and dry whole milk. Revisions for fluid milk (January 1940-February 1951) will be shown later.
^ a u evaputawu
©Figures beginning 1950 represent whole milk only; earlier data cover both whole and skimmed milk.
cfRevised estimates for 1944-49, respectively, are as follows (thous. of bu.): 383,926: 419,399; 487,315; 388,985; 449,895; 402,353.
SURVEY OF CUERENT BUSINESS
S-28
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September 1952
1951
July
August
September
1952
October
November
December
U
January
ary ~
March
April
May
June
' 68, 928
»• 50, 683
52, 905
37, 529
July
FOODSTUFFS AND TOBACCO— Continued
GRAINS AND GRAIN PRODUCTS
Exports, principal grains, including flour and meal
thous. of bu_.
Barley:
Production (crop estimate) t
_- - do
Receipts, principal markets
do
Stocks, domestic, end of month:
Commercial
__
do
On farmsj
do
Exports including malt
do
Prices, wholesale (Minneapolis):
No. 2, malting
dol. per bu_.
No. 3, straight
do
Corn:
Production (crop estimate) J
Grindings wet process
Receipts, principal markets
Stocks, domestic, end of month:
Commercial
On farms t
Exports including meal
Prices, wholesale:
No. 3, white (Chicago)
No. 3, yellow (Chicago) _
Weighted average, 5 markets, all
41, 663
51, 689
' 48, 627
r
40. 441
47,647
' 48, 220
1
7,204
22, 135
12, 411
10, 200
11, 518
23, 361
26, 353
27, 704
26, 779
254, 668
8,039
r
54, 242
r
54, 902
2 218, 047
10, 110
9,710
9.481
7,787
7,194
7,909
6,172
25, 483
124, 287
2,995
22, 042
21,005
16, 385
14, 646
14, 861
930
5,266
2,548
28, 254
171, 419
4,056
1,554
1,385
3,903
19, 160
78, 131
4,024
2,305
1,187
14, 798
38, 130
880
1.283
1.193
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
9,604
21, 759
10, 147
23, 800
9,289
21, 578
10, 424
24, 565
10, 774
33, 948
i 2, 941
9,238
34, 498
10, 858
44, 823
10, 002
32, 248
10, 486
27, 248
10, 745
18, 316
10, 487
17, 358
9,964
20, 041
2 3, 136
9,557
14, 293
_
do
mil. of bu
thou5! of bu
35, 379
32, 559
38, 497
47, 299
63, 788
40, 741
5,161
8,197
4,521
7,532
6,859
32, 526
609.2
4,237
20, 772
6,015
61, 849
1, 067. 8
10, 437
50, 173
6,158
51, 394
1,919.3
10, 165
58, 785
6,568
32, 785
312.9
4,188
dol. per bu_.
do
grades-_do
(3)
1.764
1.667
1.854
1.794
1. 705
1.795
1.801
1.712
1.798
1.782
1.709
1.762
1.828
1.680
(3)
1.926
1.699
C)
1.913
1.597
1.998
1.802
1.587
(3)
1.847
1.637
1.868
1.818
1.731
(3)
1.842
1.756
1.900
1.830
1.763
0)
1.803
1.735
9,930
23, 302
15, 684
7,503
9,224
i 1,316
9,450
6,420
5,826
6,805
6,602
11, 715
9,130
2 1, 266
21, 604
17, 798
27, 449
28, 173
21, 186
17,065
12, 046
149
.918
504
1.071
208
.992
503
.912
11, 785
516, 603
778
.931
9,057
227
.817
33, 213
1, 103, 455
543
.856
31, 507
269
.794
215
.887
588
.908
16, 038
244, 646
378
••.833
88, 472
58, 385
42, 350
73, 389
31, 647
18, 109
190, 887
44, 418
94, 417
77, 966
mil of bu
thous. of bu
do
Oats:
Production (crop estimate!
mil. of bu
Receipts, principal markets
__thous. of bu
Stocks, domestic, end of month:
Commercial
_ do
On farmsj
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, rouprh
thous of Ib
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of month
thous. of Ib
Southern States (Ark., La., Tenn., Tex.):
Receipts rough at mills
thous of Ib
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) t
thous. of bu
Receipts, principal markets f
_
do
Stocks, commercial, domestic, end of month_do
Price, wholesale. No. 2 (Minn.)
dol. per bu_.
89, 767
76, 982
24, 101
.829
2
* 97, 344
120, 540
80, 214
131, 132
129, 926
120, 622
73, 485
50, 534
65, 063
100, 818
65, 414
35, 882
74, 247
33, 526
28, 695
36, 124
63, 302
20,372
23, 127
102, 340
90, 071
77, 352
76, 825
42, 642
54, 187
25, 175
32, 838
48, 200
58, 662
28, 261
140, 267
292, 259
153, 069
551,420
191, 062
980, 355
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
162, 622
127, 364
.104
215, 451
111,588
.091
383, 344
133, 772
.083
697, 198
157, 879
.090
719, 664
191,466
.094
676, 066
87, 408
.09f>
642, 963
89, 502
.100
598,059
193, 280
.105
611, 299
97, 255
.105
442, 860
129,517
. 105
285, 248
259, 380
.105
153, 772
121, 058
.105
61, 979
1,800
2, 423
1.790
5, 995
5,129
1.642
2,330
6,183
1.659
1,381
6,471
1.817
806
6,217
1.933
1 21,410
1,267
6,344
2.051
741
6,136
2.036
636
5,844
1.915
864
5,321
2.027
1,163
1,995
1.928
547
1,278
2.038
Wheat:
Production (crop estimate), total J
mil. of bu
Spring wheat
do
Winter wheat
_
do
66, 140
60, 975
65, 841
35. 730
47, 284
Receipts, principal markets
thous. of bu
262, 843
Disappearance, domestic!
do
Stocks, end of month:
164, 425
209, 143
143, 643
223, 849
Canada (Canadian wheat)
-do.. . 160, 577
1,128,018
United States domestic totalcft
do
211, 870
202, 464
233, 527
238, 443
224, 941
Commercial
do
Interior mills, elevators, and warehouses
272, 960
thous. of bu
131,963
Merchant mills
do
480, 862 r
On farmst
do
"~29,~ 220" ~~~42~819~ ' 39, 839 " f 33, 573 "~39~ 600
Exports, total, including
flour
do
35, 186
38, 500 «• 35, 482
27, 458
Wheat only
_ do_
30, 136
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
26, 931
841 . 889
254
1.045
2.475
2.307
2.213
2.313
2.464
2. 330
2.287
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
1
987. 5
i1 342. 0
645. 5
32, 396
281, 351
218, 333
856, 807
199; 947
480
2,825
1.945
r
26, 284
29, 072
24, 341
341, 735
22, 191
23, 598
216, 427
213, 163
206, 068
••521,519
124,865
202, 564
208, 850
101,851
88, 954
163, 161 ~~I44~640
201,979
'r112, 357
113, 007
80, 760
339, 336
201, 500
r
'r 34. 807"r"T 447966" ~ ^46,"
780
53,
349 ~"39,~759~ ~~~41,~733~
29, 383
49,049 r 36, 154
41, 297 r 42, 139
38, 565
2. 568
2 541
2. 625
2.488
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
87, 348
274, 971
.105
2 15, 759
2,449
1,568
1.972
1, 298. 4
235.8
1, 062. 6
149, 329
199, 056
189, 545
253, 895
93, 924 ~~279,~426~
54 816
39 562
64, 449
31,812
27, 602
2.505
2.306
2.104
2.350
2.547
2.251
2.154
2.314
2. 405
Wheat flour:
Production:
19,653
18, 026
18, 795
Flour
thous. of sacks (100 Ib )
19, 876
21,055
18, 386
21, 212
18,519
17, 920
18, 065
17, 599
18, 101
19, 099
76.3
76.5
Operations, percent of capacity
88.5
84.4
88.2
82.0
79.1
86.4
76.5
75.3
73.6
77.5
78.2
395, 893
364, 193
403, 215
377, 944
456, 496
Offal
short tons
375, 647
429, 296 r 376, 243 r364, 216 ' 362, 804 ' 352, 881 r 367, 535
387, 693
45, 928
42, 156
43, 789
46, 684
49, 342
Grindings of wheat
thous. of bu_.
43, 333
49, 683
43, 337
42, 025
42, 217
41, 096
42, 234
44, 530
Stocks held by mills, end of month
4, 712
thous. of sacks (100 Ib.)
4 701
5,033
4,360
r
1,854
Exports
do
756
1,870
1,895
1,475
2.328
1,546
1,992
1, 845 "~~I,"547~
1,360
1,807
Prices, wholesale:
Spring, short patents (Minneapolis)*
6.010
6.019
5.894
dol. per sack (1001b.)_.
6.138
5.885
6.044
5. 935
5.865
5. 675
5.720
5.585
5.630
5.590
5.744
5.725
Winter, hard, short patents (Kansas City)*. do_._
5.690
5.850
5.713
5.710
5. 575
5.600
5.650
5.600
5.500
5.225
5.325
r
1
2
Revised,
December 1 estimate.
Augus ; 1 estimat e.
« No quotation,
JRevised series. The indicated grain series ha ve been r jvised as f ollows: Pr oduction—-barley, co rn, oats, 1(H4-49; rye wheat, 1945^9; rice, 1949; stoc ks on farm s — barley, corn, oats,
1944-49; wheat, 1945-49; disappearance of wheat and total Unit ed States s tocks of d 3mestic wh eat, 1945-4 9. All re\risions will be shown later,
fRevised series. Data are furnished by the Chi1mgo Board of Trade £ nd represe nt receipts at 12 inter ior primar y markets for names of market s and data for Janua ry 1948-July 1950, see
note marked
"f" on p. S-28 of the October 1951 Sun FEY.
r?1 The total includes wheat owned by the Comir odity Cre(lit Corporsition and s tored off fa rms in its own steel f md wooderi bins: sue]i data are inot include d in the bi eakdown c f stocks.
*New series. Data prior to February 1951 will b e shown la ter.
SUEVEY OF CUKRENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-29
1952
1951
July
August
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
April
May
June
July
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK
Cattle and calves:
Slaughter (Federally inspected) :
Calves
thous. of animals.Cattle
do
Receipts, principal markets
do
Shipments feeder, to 8 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
dol. per 100 lb_.
Steers, stocker and feeder (Kansas City) -do
Calves vealers (Chicago)
do
Hogs:
Slaughter (Federally inspected)
thous. of animals. .
Receipts, principal markets
do
Prices:
Wholesale, average, all grades (Chicago)
dol. per 100 lb_.
Hog-corn ratio
bu . of corn equal in value to 100 Ib. of live hogSheep and lambs:
Slaughter (Federally inspected)
thous. of animals..
Receipts, principal markets _ _
do __
Shipments feeder, to 8 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
dol. per 1001b__
Lambs, feeder, good and choice (Omaha) __do
408
920
1.754
173
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
35.75
31.61
37.40
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
3,826
2,630
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
18.30
17.07
20.36
20.35
19.62
20.09
17.74
17.42
16.56
16.58
19.61
19.25
19.96
'12.6
12.8
11.9
12.4
11.1
10.4
10.4
10.4
10.1
9.8
11.8
11.2
11.6
863
1,076
168
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
31.75
0)
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
1,387
748
84
1,488
640
62
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
r 1, 029
1,418
990
556, 897
94, 900
472
617, 158
101, 377
769
553, 317
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
MEATS
Total meats (including lard) :
Production (inspected slaughter)
mil. of lb_.
Stocks, cold storage, end of month ___
do
Exports
do
Beef and veal:
Production (inspected slaughter)
thous. of Ib.Stocks, cold storage, end of month
do __Exports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
dol. per lb_.
Lamb and mutton:
Production (inspected slaughter)
thous. of lb__
Stocks cold storage, end of month
__ _do
Pork, including lard, production (inspected
slaughter)
thous. of Ib
Pork, excluding lard:
Production (inspected slaughter)
do
Stocks cold storage, end of month
do
Exports
do
Prices, wholesale:
Hams, smoked, composite
dol. per lb_.
Fresh loins, 8-12 Ib. average (New York).. do
Lard:
Production (inspected slaughter)
thous. of lb_.
Stocks cold storage, end of month
do
Exports
do
Price, wholesale, refined (Chicago) ___dol. per lb_-
.576
.578
.594
.601
.599
.579
.571
.562
.560
.564
.559
38, 061
6,211
39, 369
6,407
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
44
582, 712
659, 036
' 201, 504 171, 936
1,531
.540
41, 392
' 14, 902
.534
38, 601
12, 055
791, 554
831, 556
784, 336
971, 381 1, 153, 267 1, 242, 339 1, 269, 791 1, 072, 252 1,050,706
944, 623
820, 518
819, 934
720, 191
576, 759
496, 171
5,851
614, 815
401, 573
5,833
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
771,472
793, 870
7,675
759, 957
822,006
8,512
682, 678
823, 741
7,997
594, 319
727, 665
8,655
601, 250
' 685, 033
9,285
525, 855
547, 243
.573
.488
.574
.544
.568
.559
.574
.557
.549
.460
.544
.427
.546
.433
.527
.424
.526
.448
.531
.430
.531
.550
.569
.535
.585
.552
157, 111
46, 820
72, 030
.198
158, 700
34, 702
48, 398
.198
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
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
r 42. 660
106, 692
.1289
46, 157
121, 493
.288
63, 264
166, 242
,276
77, 471
259, 920
.261
87, 278
309, 943
.248
76, 887
302, 151
.284
35, 651
300, 000
.275
35,067
270, 397
.295
42, 273
232, 832
.295
41,462
194, 965
.258
4,543
668
4,112
498
3,943
468
4,240
370
4,345
357
4,793
429
5,409
894
5,716
1,681
6,441
2,325
2,270
190, 818
1,615
176, 273
958
151, 293
527
121, 592
230
95, 143
141
67, 200
238
53, 055
942
60, 576
.514
.595
.630
.669
.664
.496
.398
.364
160, 274
132, 041
29, 038
.145
141, 823
133,359
58, 058
185, 688
.225
52, 212
' 174, 040
.218
47, 806
156, 438
.215
6,191
2,220
5,983
2,037
5,032
1,427
4,463
1,571
1,596
84, 295
2,184
111, 185
3,184
145, 863
.382
.396
.359
.404
.525
47, 200
r
.140
POULTRY AND EGGS
poultry:
Receipts, 5 markets
_ _
thous. of Ib
Stocks cold storage, end of month
do
Price, wholesale, live fowls (Chicago) §dol. perlb.Eggs:
Production, farm
_
millions
Dried egg production
thous. of Ib
.Stocks, cold storage, end of month:
Shell
thous. of cases
Frozen
thous. of Ib
Price, wholesale, extras, large (Chicago)
dol. per doz._
r
r
3, 357
166, 417
2,725
163, 833
MISCELLANEOUS FOOD PRODUCTS
Confectionery, manufacturers' sales*. .thous. of dol_Cocoa:
Imports
. _ _ _
_ _ long tons
Price, wholesale, Accra (New York).. dol. per lb_.
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 lb_.
Fish:
Landings, fresh fish, 5 ports
--thous. of l b _ _
Stock, cold storage, end of month
do
r
' 52, 000
r
70, 000
' 93, 000
89, 249
84,067
15, 636
.351
23, 235
.355
9,622
.341
6,090
.321
15, 555
.295
16, 747
.326
32, 672
.331
27, 023
.358
985
521
551
1,253
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
' 97, 000 ' 111, 000 ' 111, 000
r
78, 125
74, 423
60, 318
54, 335
30, 307
.384
24, 020
.381
28, 764
.384
28, 764
.378
.381
1,521
899
966
2,042
1,015
626
850
1,707
953
566
756
1,126
1,024
624
691
1,227
1,177
719
579
.532
.536
.543
.545
.543
.541
.550
.550
.548
.535
.533
.530
.545
70, 310
146, 891
69, 618
161, 628
54, 520
166, 100
50, 468
171, 924
38, 843
179, 135
25, 946
168, 792
23, 139
148, 113
29, 224
125, 704
37,963
113, 996
51, 478
113, 544
58, 606
123, 762
152, 396
176, 254
1
Revised.
No quotation.
§ Series revised to represent quotations for heavy type.
*New series. Compiled by the 17. & 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 witfi a single business location. Revisions for January
1949-June 1951, respectively, are as follows (mil. of dol.): 1949—78; 74; 79; 63; 50; 52; 37; 60; 98; 103; 98; 78; 1950—75; 71; 77; 62; 58; 54; 49; 78; 104; 109; 98; 89; 1951—87; 80; 77; 66; 63; 58.
tFor revised data for July 1949-October 1950, see note marked "J" on p. S-29 of the January 1952 SURVEY.
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September 1952
1952
1951
July
August
September
October
November
December
January
February
March
May
April
June
July
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
2,573
1,977
1,602
952
577
427
718
1,883
3,033
4,033
4,423
4,388
3, 970
31, 386
594, 611
27, 762
542, 615
195, 252
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
617 564
167, 422
646,163
643, 958
2,205
678, 741
676, 573
2,168
546, 529
544, 224
2,305
556, 802
536, 614
20, 188
581, 376
578, 699
2,677
544, 553
542, 900
1,653
862, 480
860, 405
2,075
612, 641
608, 995
3,646
596, 990
595, 062
1,928
896, 355
894, 103
2,252
758, 308
755 061
3,247
958
2,011
1,169
1,470
1,540
1,005
1, 756
18, 264
1,613
867
1,473
1,122
1,241
11, 522
I, 283
25, 423
1,400
31, 620
1.114
28, 369
252, 570
212, 522
40,041
242, 519
226, 799
11, 984
f 237, 419
226. 225
r
11, 191
75, 340
74, 217
1,120
' 246, 416 275. 173
223. 704
232, 234
' 22, 708 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
32, 735
32, 728
28,013
28,013
45, 251
45, 251
«• 4, 426
4,424
1
0
10, 221
10, 220
22, 073
21, 873
27, 245
26,895
52, 053
51, 403
31, 464
30, 664
36 198
35, 524
228, 452
' 518, 220 676, 096
Deliveries, total
- do
For domestic consumption
do_ _ _ ' 509, 693 670, 503
5,593
8,527
For export
--do
Stocks, raw and refined, end of month
1,121
' 1, 215
thous. of short tons..
3,399
10, 656
Exports, refined sugar
short tonsImports:
314, 392 ' 314, 012
Raw sugar, total
_
do
246, 113
230, 304
From Cuba
do
79, 723 T 57, 116
From Philippine Islands _ _
do _.
Refined sugar total
From Cuba
Price (New York):
Raw, wholesale
Refined:
Retail
Wholesale
Tea, imports
do
_ __do
35, 197
35, 197
r
_ _ dol. per Ib .
.063
.060
.060
.059
.060
.058
.058
.059
.063
.062
.062
.066
.066
dol. perSlb..
dol. per lb_.
thous. of lb__
.492
.086
7,173
.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
-
TOBACCO
Leaf:
1
Stocks, dealers' and manufacturers', end of quarter total
mil of Ib
Domestic:
Cigar leaf
do
Air-cured, fi're-cured", flue-cured, and miscellaneous domestic
mil of Ib
Foreign grown:
Cigar leaf
do
Cigarette tobacco
do
Exports, including scrap and" stems. _ _ thous. of lb__
Imports including scrap and stems
do
Manufactured products:
Production, manufactured tobacco, total do
Chewing plug, and twist
_
do
Smoking
do_ __
Snuff
do
Consumption (withdrawals):
Cigarettes (small):
Tax-free
.
millions. _
Tax-paid
do
Cigars (large) tax-paid
thousands
Manufactured tobacco and snufT, tax-paid
thous. of lb_Exports, cigarettes
. _ millions.- _
Price, wholesale, cigarettes, manufacturer to
wholesaler and jobber, f. o. b. destination*
dol. per thous. _
2
2, 282
r
4,271
3,760
373
350
3,203
3,732
4 245
r
24,068
8,018
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
15, 777
6,708
6,819
2,250
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
2,444
29, 739
421, 758
3,499
35, 601
533, 739
2,773
30, 800
490, 938
3,416
37, 477
590, 616
3,708
33,994
554, 341
15, 806
1,140
21, 551
1,704
19, 486
1.443
14, 374
1,208
3.555
3.555
3.555
3.555
402
385
3,648
3 243
29, 752
8,860
19
176
25, 891
7,466
18, 126
7,685
27, 078
8,978
19
179
27, 497
7 987
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
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
24, 005
1,742
14,353
1,443
19, 450
1,517
18,490
1,215
16, 759
1,566
18, 076
941
3.555
3. 555
3.555
3.555
3.555
10, 717
26
109
10, 388
2,365
34 511
496 450
2 833
33 837
504 045
18, 331
1,492
18, 443
1,043
15, 744
3.555
3.555
3.555
16, 447
12, 771
r
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skinsj. _ _ thous. of lb._
Calf and kip skins _.
thous. of pieces _
Cattle hides t
do
Goatskins}!
do
Sheep and lamb skins
._ do. .
Prices, wholesale (Chicago) :
Calfskins, packer, heavy, 9^/15 lbs.*_._dol. per lb__
Hides steer, heavy, native, over 53 Ibs.* do
30, 220
355
437
3,137
1,423
30, 707
136
416
2,819
2,632
.650
.330
.557
.308
' 25, 956
78
187
1,931
r 5, 755
.486
.323
21,212
105
202
1,814
2,358
13, 057
78
158
1,821
925
11,426
110
116
1,864
1,133
12, 972
81
186
2,367
668
.475
.310
.399
.216
.379
.188
.400
.140
r
880
1,770
1,998
1,812
3,228
2,015
1,565
19, 148
164
133
2 419
4 224
.375
.133
.325
.128
.275
.103
.388
.143
.388
.148
732
1 753
2,430
2,081
792
1 782
2,440
2,102
703
' 2, 337
2 291
769
1 830
2 414
2 315
60
76
2,482
16
49
2,587
10
20
2,436
25
35
2 270
.842
.835
.805
.848
1, 613
LEATHER
Production:t
605
557
490
567
457
601
717
805
Calf and kip
thous. of skins. _
1,886
1,861
1,750
1,555
1,535
1,646
1 880
1 862
Cattle hide
thous of hides
2,019
2,475
1,842
2,045
1,847
2,614
2,066
2,513
Goat and kid
thous. of skins. _
2,137
2,159
1,672
1,473
1,872
1,881
2,047
2,279
Sheep and lamb
do
Exports:
Sole leather:
18
3
17
18
83
7
8
27
Bends, backs, and sides
1
thous. of lb__
82
86
89
17
7
43
113
10
Offal, including belting offal
do .
1,706
1,118
2,321
2,621
2,312
1,925
Upper leather.
thous. of sq. ft. .
1,833
1,549
Prices, wholesale:
3
.776
.700
.660
.856
.630
.776
.600
.525
Sole bends heavy, f. o. b. tannery* dol. per Ib
Chrome calf, black, B and C grades, f. o. b. tan.955
.906
1.022
.955
.807
.808
.787
3.842
nery*
dol. per sq. ft..
1
2
3
'Revised.
December 1 estimate.
August 1 estimate.
Specification changed; earlier data not strictly comparable.
§ Revised estimates for 1944-49, respectively, are as follows (mil. of Ib.): 1,951; 1,991; 2,315; 2,107; 1,980; 1,969.
*New series. Compiled by 17. & Department of Labor, Bureau of Labor Statistics; data prior to February 1951 will be shown later.
JRevisions for 1950 are shown in corresponding note in the October 1951 issue of the SURVEY.
27
74
2 040*
3 826
169
128
127
239
r I ggO
SURVEY OF CUEKENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-31
1952
1951
August
July
September
October
November
December
January
February
March
April
1
1
May
June
July
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:
M~en'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
32, 530
43, 234
36, 130
38, 783
34, 884
32, 227
41, 306
42, 518
43, 967
43, 082
41, 436
39, 747
28, 465
37, 532
30, 844
32, 822
29, 462
28, 794
38, 290
39, 133
40, 142
38 879
37, 248
35, 408
25, 020
2,909
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
6,898
1,132
15,057
3,366
2,012
3,609
152
304
197
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
1, 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
5.760
5. 623
5.586
5.523
5.523
5.523
5.523
5.311
5.126
5.126
5.037
3 933
4.836
3 933
4.711
3 933
4.678
3.890
4.678
3. 801
4.861
3 767
4.861
4.678
4.646
4.646
3.700
69 868
203 316
75 651
190, 425
68, 990
209, 112
61, 137
221, 006
3,197
3, 193
5.467
5. 037
3. 967
1
5. 760
5.037
3.933
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports total sawmill products
"M. bd ft
Imports total sawmill products
do
National Lumber Manufacturers Association:
Production total
mil. bd. ft
Hardwoods
do_
Softwoods
--do
Shipments, total
-- - do_ _
Hardwoods
do
Softwoods
- - - - do. _
Stocks, gross (mill and concentration yards), end
of month total
mil bd ft
Hardwoods
do
Softwoods
do
SOFTWOODS
Douglas fir:
Orders new
_- -- do
Orders unfilled, end of month
do
Production
do
Shipments
do
Stocks gross mill, end of month
do _
Export^ total sawmill products
M! bd ft
Sawed timber
do
Boards planks scantlings etc
do
Prices, wholesale:
Dimension, No. 1 common, 1" x 4", R. 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
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
96, 239
221, 873
102 367
220, 111
76 745
206, 518
106 072
232 368
3,147
3,200
746
2,454
2,937
574
2,363
3 514
2,169
3,584
767
2,817
3,231
594
2,637
741
2,773
3,412
655
2,757
7,543
2,720
4,823
7,870
2,893
4,977
8,132
3,065
5,067
737
644
708
656
795
867
509
987
926
830
835
514
860
830
861
767
2, 380
2, 741
572
38, 259
11, 744
26, 515
53, 980
12, 453
41, 527
38, 438
7,421
31,017
r2
45 873
142, 814
r
94 248
168, 653
81 223
213 663
80 413
160 885
3 210
686
2,524
3,163
690
2, 473
2,632
645
1,987
2,541
600
1,941
2,797
611
2,186
3,021
619
2,402
2,870
675
2,195
2,950
681
2,269
3 031
722
2,309
3,024
696
2,328
660
2,537
3,251
660
2,591
3,064
651
2,413
3,031
651
2,380
2,531
3, 031
602
2,429
630
2,566
3,030
569
2,461
8 193
3,152
5,041
8 240
3,148
5,092
8,364
3,193
5,171
8,311
3,186
5,125
8,232
3,180
5,052
8 211
3,179
5,032
8,123
3,179
4,944
8,151
3,179
4,972
8,313
3,239
5,074
8,343
3,192
5,151
923
374
981
965
836
764
245
898
892
841
754
904
717
668
924
906
904
919
949
903
727
848
746
771
878
775
828
829
784
923
900
990
778
727
948
43, 300
19,090
24, 210
32, 496
10, 498
21,998
31 621
7,121
24, 500
47, 677
20, 823
26, 854
r
43 714
21 143
22, 600
43 652
14, 856
28, 796
r
r
752
814
1,065
1,001
830
833
968
806
961
860
835
993
15, 250
9,110
6,140
55, 541
17, 657
37, 884
37, 254
9,292
27, 962
799
918
971
•
662
3,196
82 068
81. 935
82 212
82 648
81 741
81 368
81. 508
82. 467
82 887
85 239
84 840
84 840
131 998
130. 230
129 842
129 842
128 617
128 209
126. 575
126. 575
125. 432
125 759
124. 942
122 868
619
286
677
632
742
329
707
699
697
370
622
656
808
381
728
797
639
337
695
683
553
310
626
580
748
312
791
746
712
327
707
697
700
318
688
709
744
300
758
762
749
296
780
753
752
334
699
714
756
326
735
764
1,613
20, 652
3,791
16,861
1,621
11, 929
2,677
9,252
1,587
14, 292
2,336
11, 956
1,518
16, 996
3,522
13, 474
1,530
9 505
2,714
6,791
1,576
11, 665
3,725
7,940
1,621
8,878
1,390
7,488
1,631
11, 975
2,595
9,380
1,610
10, 278
2,400
7,878
1,606
10, 276
1,364
8,912
1,633
11,025
5,673
5,352
1,618
8,150
1,993
6,157
1,589
78 411
78 625
78 915
79 735
80 612
80 797
80.642
80. 196
79. 765
79. 676
79. 662
78.815
155 061
155 061
155 061
155 061
155 061
155 061
155 061
155. 061
155 061
155 061
155 061
155 406
552
490
498
608
609
724
749
700
747
635
530
680
739
734
741
701
801
714
684
745
744
714
641
716
419
684
355
472
390
465
481
602
564
501
592
548
698
610
753
1,648
1,733
1,803
1,857
1,879
1,820
1,690
1,609
1,585
1,594
1,615
1,680
1,755
84.13
81.68
78.97
78.85
78.17
78.74
78.58
79.22
80.39
82.10
82.28
83.51
194, 170
178, 338
79, 918
283, 888
271, 248
92, 191
243, 039
235, 705
98, 984
269, 140
257,872
110, 160
187, 341
189, 508
108, 524
176, 257
195, 384
88, 454
244,011
238, 911
92, 577
253, 003
260, 815
85,003
269, 857
269, 732
85, 350
282, 864
282, 070
85, 800
231, 160
230, 155
86,033
' 269, 066
' r273, 123
81, 849
644
716
614
690
619
478
485
471
505
579
571
633
678
SOFTWOOD PLYWOOD
Production
thous. of sq. ft., 26" equivalent
Shipments
do
Stocks end of month
__
do
226, 705
214, 224
92,281
HARDWOOD FLOORING
Maple, beech, and birch:
3,550
3,575
4,100
3,550
3,150
4,800
2,850
3,600
3,350
3,175
3,700
3,675
4,550
Orders new
_
M bd. ft
10, 200
9,700
10,700
12, 250
9,600
12, 300
11, 700
13, 050
12, 950
14, 500
13, 500
15, 650
16, 975
Orders, unfilled, end of month
do
4,150
3, 650
3,000
4,300
3,400
4,350
4,500
3,750
4,800
4,750
3,900
5,450
4,050
Production
- do
3,675
3,350
3,650
4,250
3, 550
3,800
3,550
3,750
4,350
3,600
5,200
4,100
4,000
Shipments
do_ _
9,575
8,050
9,475
7,575
8,900
9,400
8,600
8,250
6,500
6,900
7,300
5,850
5,600
Stocks, mill, end of month. ._
do
r
2
Revised.
1 Specification changed; earlier data not strictly comparable.
Data beginning January 1952 have been adjusted to conform to the 1952 revision of the export schedule.
^Revisions for January-October 1950 are available upon request.
cfThe figures include a comparatively small number of "other footwear" which is not shown separately from shoes, sandals, etc., in the distribution by types of uppers; there are further
small differences between the sum of the figures and the totals for shoes, sandals, and play shoes, because the latter, and also the distribution by kinds, include small revisions not available b<y
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.
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
September 1052
1951
July
August
September
1952
October
November
December
February
January
March
April
May
June
July
70, 446
66 775
79 941
79, 428
77, 609
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 _ __
65, 721
83, 288
57, 246
83, 699
80, 782
64, 635
54, 740
71, 301
69, 053
63, 976
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
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
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
r
T
r
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
5,934
3,043
2,892
4,199
1,171
3,028
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
15,103
16, 251
7,129
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
13, 574
7,556
33, 142
29, 299
3,843
1,083
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
52
69
71
68
79
65
78
70
73
80
63
47
2,208
1,029
568
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
263,017
76, 826
45, 072
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
6,070
5,955
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
1,003
1,771
1,819
1,818
1,844
1,811
1,751
1, 761
1,764
1,789
1,715
1,729
53.61
52.00
52.50
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
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
287, 245
21, 829
315,358
28, 993
' 402, 297
21, 992
235, 432
15, 169
r
r
406, 835
16, 247
182, 090
9,285
Iron and Steel Scrap
Consumption total §
thous of short tons
Home ^crap
do
Purchased scrap
do
Stocks consumers' end of month total §
do
Home scrap
do
Purchased scrap
do
Ore
Iron ore:
All districts:
Mine production
thous of long tons
Shipments
do
Stocks at mines end of month
do
Lake Superior district:
Shipments from upper lake ports _ _ _.do__ Consumption by furnaces
do
Stocks, end of month, total
__
do
At furnaces
do
On Lake Erie docks
_ _ _
do
Imports
do
Manganese ore, imports (manganese content)
1,904
1,544
27, 388
22, 904
4,484
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
S tocks (consumers' and suppliers') , end of m on th §
thous. of short tons._
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:
Shipments, total
short tons__ ' 140, 317 177, 096
100, 141
128, 981
For sale, total
do
41, 162
27, 235
Railway specialties _ _ _ _ _ _ _ _
do
Steel forgings:f
1,361,005 1, 435, 893
Orders unfilled, total
do
147,319
157, 973
Shipments, for sale, total _. .
do
95, 275
103, 962
Drop and upset
do
54, Oil
52, 044
Press and open hammer.-- do
Steel ingots and steel for castings:
8,739
8,684
Production
thous. of short tons
99
98
Percent of capacity t
Prices, wholesale:
.0471
.0471
Composite, finished steel
dol. perlb_.
Steel billets, rerolling (producing point) cf
56.00
56.00
dol. per net ton
.0400
.0400
Structural steel (producing point)
dol. per lb_.
Steel scrap, heavy melting (Pittsburgh)
45.00
45.00
dol. per long ton
1,418,515 1,426,645 1, 446, 118 1,410,646
176, 342
149, 736
191, 483
165, 023
119,047
97, 326
109, 014
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
8,660
101
9,122
103
8,799
103
8,891
101
9,136
99
.0471
.0471
.0471
.0471
56.00
.0400
56.00
.0400
56.00
.0400
56.00
.0400
45.00
44.75
44.00
8,535
2,322
24
8,036
2,511
26
7,294
2,147
32
1,359,752 1, 349, 288 1, 318, 889 1, 264, 664
176,441
155, 840
168, 286
135, 398
127, 768
125, 736
114, 271
101, 861
41, 569
48, 673
33,537
42, 550
8, 657
101
9,404
102
7,991
90
.0471
.0471
.0471
.0471
56.00
.0400
56.00
.0400
56.00
.0400
56.00
.0400
44.00
44.00
44.00
44.00
7,830
2,176
31
8,126
2,085
66
7,570
1,961
59
7,737
2,008
58
r
1, 639
18
1,627
18
.0471
.0471
.0476
56.00
.0400
56.00
.0400
44.00
44.00
44.00
7,484
2,207
51
7,052
2,117
48
' 6, 406
1,655
35
8, 205
89
Steel, Manufactured Products
Barrels and drums, steel, heavy types:
Orders, unfilled, end of month
thousands
Shipments
___do
Stocks, end of month
do
r
10, 066
2,366
31
9,076
2,781
31
6,502
1,629
25
Revised.
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.
^The Bureau of the Census estimated industry totals beginning May 1951 are based on reports from forge shops (shipping 50 tons or more per month) which account for over 95 percent of
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.
cf Revised beginning in the April 1952 SURVEY to represent quotations per net ton.
SURVEY OF CUERENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-33
1952
1951
July
August
September
October
November
December
January
February
March
April
May
June
277, 629
175, 158
102, 471
239, 311
1,071
30, 241
333, 407
218 938
114, 469
287 127
1,010
30, 773
July
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Cans, metal, shipments (in terms of steel consumed) ,
total
short tons
Food
do
Nonfood
- do
Shipments for sale
do
Commercial closures, production
millions.
Crowns production
thousand gross
Steel products, net shipments:
Total
thous. of short tons.
Bars hot rolled — Carbon and alloy
do
Reinforcing
do. _
Semimanufactures
do
Pipe and tubes _
do
Plates
- - - do
Rails
do
Sheets
do ._.
Strip — Cold rolled
do
Hot rolled
do
Structural shapes, heavy.
do
Tin plate and terneplate
do
Wire and wire products
do
356, 357
263, 719
92, 638
318, 391
1,068
26, 861
483, 188
367, 257
115,931
428, 044
1,118
33, 638
417, 378
306, 610
110, 768
371, 686
927
24, 692
374, 200
254, 635
119, 565
333,018
1,026
24, 625
263, 468
1*56,035
107, 433
229, 422
820
19, 900
235, 107
140 325
94, 782
203 902
774
16,903
234, 372
143 997
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
287, 223
173 414
113, 809
240, 976
1,104
27, 774
5,989
689
151
303
681
653
146
1,617
128
146
397
347
345
6,756
744
184
322
785
691
165
1,719
191
185
407
430
492
6,207
712
160
314
719
657
139
1,548
162
185
386
358
456
6,844
785
170
315
809
684
165
1,716
184
199
442
394
505
6,509
778
155
283
784
666
136
1,693
165
184
421
327
479
6,411
748
162
313
111
708
146
1,590
154
180
409
352
441
6,589
797
168
285
811
707
156
1,644
180
186
427
298
477
6,358
757
158
268
795
711
138
1,534
158
171
437
359
448
6 890
801
193
317
872
784
162
1.609
156
170
431
478
465
5, 922
693
144
292
718
658
128
1,434
143
143
354
398
422
5,947
740
158
305
723
637
133
1,484
140
156
361
334
403
72, 698
284, 318
73, 816
251, 283
69, 429
211,953
72, 647
275, 407
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
.0775
.0775
.0775
.0775
.0775
.0775
.0775
.0775
.0775
.0775
159.8
27.4
132.4
82.7
.373
187.6
35.5
152.0
91.5
.375
161.7
32.5
129.2
77.5
.383
179.4
35.2
144.1
82.5
.383
171.5
32.4
139.2
78.8
.383
175. 2
40.9
134.3
75.5
.383
193.8
44.6
149. 1
81.3
.383
191.3
45.0
146.3
78.7
.383
200 1
46 4
153 6
82.9
383
209 7
49.8
159 9
85.1
.383
75, 407
67, 939
68, 989
81,014
77, 294
79, 167
77, 691
72, 564
78, 851
80, 332
81, 996
82, 577
93, 258
101, 095
68, 045
13, 535
46, 606
32, 391
14, 215
.2420
73, 324
79, 613
104, 938
70, 937
6,714
58, 969
35, 935
23, 034
.2420
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
123,646
68 160
16, 488
r
39
714
r
13,151
26, 563
.2420
86, 680
98, 532
119, 577
71, 528
16, 599
r
36 021
T
19, 229
16,792
.2420
83 192
100, 269
130, 430
60 836
1
10, 598
r
49 580
r
16, 674
32 906
.2420
80, 876
95. 979
104, 795
59 747
12, 842
r
41 941
r
28, 361
13 580
.2420
87 110
94 563
112 625
58 487
15' 303
48 272
25 928
22 344
.2420
89 479
98 402
107 355
61 223
19 494
42 948
23 354
19 594
.2420
92 946
97, 593
105 362
55 351
20 252
37 172
14 342
22 830
.2420
T
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary
short tons
Imports, bauxite
._ .-longtons.
Price, wholesale, scrap castings (N. Y.)
dol. perlb..
Aluminum fabricated products, shipments,
total cf
mil. oflbs
Castings
do
Wrought products, totalc?
do
Plate, sheet, and strip
do. _
Brass sheets, wholesale price, mill
dol. per Ib
Copper:
Production:
Mine production, recoverable copper
short tons..
Crude (mine or smelter, including custom intake)
short tons
Refined
. do.
Deliveries, refined, domestic
_
do
Stocks refined end of month
do
Exports, refined and manufactureddo _
Imports, total
do
Unrefined, including scrap
do
Refined
_
__do
Price, wholesale, electrolytic (N. Y.)__dol. perlb..
Lead:
Ore (lead content):
Mine production
short tons. _
Receipts by smelters, domestic ore
do
Refined (primary refineries) :
Production
do _ _ .
Shipments (domestic)
do
Stocks, end of month
do
Price, wholesale, pig, desilverized (N. Y.)
dol. per lb__
Imports, total, except mfrs. (lead content)
short tons..
Tin:
Production, pig
__
long tons
Consumption, pig
do
Stocks, pig, end of month, total§
do
Government§
do
Industrial
__do
Imports:
Ore (tin content)
do
Bars, blocks, pigs, etc
do
Price, wholesale, Straits (N. Y.)
dol. perlb..
Zinc:
Mine production of recoverable zinc
short tons__
Slab zinc:
Production
_
do
Shipments, total
do
Domestic _
do
Stocks, end of month
do
Price, wholesale, prime Western (St. Louis)
dol. per lb._
Imports, total (zinc content) .
short tons.
For smelting, refining, and export
do
For domestic consumption:
Ore (zinc content)
do
Blocks, pigs, etc
do
r
77 476
272 633
78 368
. 0768
.0725
.0708
205 5
47 8
157.8
86.5
.383
202 4
46 7
r 155 5
87 7
383
148 7
86.1
30, 194
29, 920
29, 686
29, 280
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
44, 864
44, 404
33, 504
31, 756
40, 252
24, 997
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
44, 133
41 291
31, 297
48 943
39 161
41 040
39 9329
38 25
41 820
45, 546
28 591
58, 775
.1700
.1700
.1700
.1900
.1900
11, 730
26, 950
13, 658
20, 707
20, 009
2,701
4,719
30, 523
17, 612
12, 749
2,797
5,175
27, 802
15, 500
12, 236
2,414
4,947
25, 392
13, 567
11, 790
2,353
5,014
22, 905
11, 292
11, 508
2,055
4,595
20, 358
8, 308
11, 909
2,663
2,321
1. 0600
2,430
1,172
1. 0300
591
1,865
1. 0300
4 545
1,969
1. 0300
.1900
.1900
.1900
.1900
15, 390
42, 460
81, 496
1,972
4, 397
17, 843
6 753
11,018
1,984
4 879
14, 751
4 525
10 125
1,990
4 524
13, 297
3 617
9,567
2
4
18
9
9
643
1,188
1. 0300
1 820
1 591
1. 0300
144
1 005
1. 0973
r
25, 765
r
38 987
39 563
58 190
37 489
51 534
44 140
.1600
022
489
242
004
119
1 989
3 919
26 172
15 458
10 645
1,952
3 751
33 093
22 741
9 820
1 789
26 301
15 904
10 358
1 472
598
1. 2150
821
7 752
1. 2150
732
10 894
1. 2150
934
7 418
1. 2150
3 070
9 951
1. 2150
1. 2150
58, 063
55, 086
77
47
36
63
76
43
38
96
57, 195
57, 269
59, 523
59, 098
61, 292
60, 443
63, 017
70, 623
64, 632
58, 436
17, 235
79 432
73 583
68, 365
23, 084
79, 376
77 419
70, 084
25, 041
81 769
84 909
73, 694
21 901
83
78
75
26
77
77
70
26
85
85
80
26
83
85
73
23
83
74
64
33
.1750
34, 366
3,057
.1750
32, 841
4,098
.1750
19, 856
2,246
.1950
17, 556
2,309
23, 726
7,583
23, 539
5,204
12, 404
5,206
7,233
8,014
11, 461
87, 101
18, 748
87, 007
22, 129
82, 630
31,080
71, 374
2,220
9,024
3,564
9,420
4,056
8,690
9, 036
6,992
30 405
28 829
.1526
60, 546
r
31 702
32 962
67 611
50, 118
.1950
23, 925
6,473
296
448
9^8
551
028
575
121
004
Oil
592
818
423
797
076
457
144
r
463
265
894
342
.1950
18, 711
2.306
.1950
49, 225
4,996
.1950
123, 605
6,821
.1950
122, 483
7 993
.1950
104, 640
5,047
.1574
106,749
2 097
9 727
7,725
r 11 741
4,664
38 980
5,249
108 280
8 504
106 925
7 565
92 716
6 877
98 165
6 587
11, 168
69, 677
11,318
73, 039
10, 211
77, 267
9,161
81 800
9,480
87 814
13, 346
90 225
16, 962
88 017
r
r
.2420
.1573
74, 035
74, 191
65, 696
11, 244
r
138
049
179
657
73, 435
54, 364
.1950
21, 439
5,411
r
76, 191
82
96
115
73
.1892
53, 126
T
74, 032
r go 392
92, 151
98 416
70 856
18 347
33 061
26 338
6 723
.2420
57, 770
T
78, 955
83, 346
76, 461
11, 400
205
403
039
703
r
930
353
824
919
.1500
HEATING APPARATUS, EXCEPT
ELECTRIC
Boilers, radiators and convectors, cast iron:
Boilers (round and square) :
Shipments
thous. of lb_.
Stocks, end of month
do
Radiation:
Shipments
thous. of sq. ft__
Stocks, end of month
do
19, 335
68, 584
3,512
4,798
2,074
2,470
2,226
2.145
2,784
1,760
2, 925
7,572
7,860
7,784
8,702
9,665
8,893
8,382
10, 010
8,782
*• Revised.
1 Data beginning 1952 are in accordance with the revised export schedule and include certain primary forms of copper manufactures formerly excluded; the value of such
exports amounted to about $1.5 million in January-September 1951.
cTSee note in June 1951 SURVEY regarding additional reporting companies beginning February 1951.
§Government stocks represent those available for industrial use; total stocks include small amount not distributed.
SURVEY OF CURKENT BUSINESS
S-34
September 1P52
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
August
July
September
1952
October
November
December
January February
April
March
May
June
July
METALS AND MANUFACTURES—Continued
HEATING APPARATUS— Continued
"Rnilerp, ra.ne'p,, shipments
number
Oil burners:
Orders unfilled end of month
do
Shipments
do
Stocks, end of month
do
Stoves and ranges, domestic cooking, excl. electric:
Shipments total
number
Coal and wood
do
Gas (incl bungalow and combination) do
Kerosene gasoline and fuel oil
do
Stoves domestic heating, shipments, total
do
Coal and wood
do
Gas
do
Kerosene gasoline and fuel oil
do
Warm-air furnaces (forced-air and gravity-air flow),
shipments, total
number
Gas
do
Oil
do
Solid fuel
do
"W^ter heaters nonelectric shipments
do
28, 467
31, 113
29, 819
30, 543
32, 370
26, 485
31, 193
28, 245
22, 202
23, 446
22, 850
17, 851
53, 854
44, 503
94, 365
48, 433
63, 578
89, 038
48, 633
75, 421
83, 815
44, 987
92, 698
71, 476
35, 843
63, 705
71,886
38, 033
39, 830
76, 102
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
r
51, 743
74, 183
42, 963
57, 830
72, 468
131, 695
6,313
116,952
8, 430
187, 677
10, 028
169, 224
8,425
206, 276
11, 741
184, 815
9,720
236, 588
11, 330
212, 168
13, 090
216, 048
11, 549
193, 123
11,376
168, 114
9,470
150, 777
7,867
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
350, 491
77, 824
158, 146
114, 521
451,971
130, 600
168, 005
153, 366
454, 222
136, 644
177, 108
140, 470
575,615
179, 021
241, 322
155, 272
452, 579
124,696
200, 348
127, 535
181,159
46, 528
78, 747
55,884
145, 268
22, 761
63, 696
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
55, 045
23, 500
21, 783
9,762
127, 046
77, 192
29, 780
30, 630
16,782
153,809
87, 412
33, 329
37,290
16, 793
160, 433
105, 689
40, 780
44, 326
20, 583
181,623
83, 667
36, 953
34, 766
11,948
173, 056
55, 281
26, 771
22, 565
5, 945
146, 203
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
T
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly:
Blowers and fans new orders
thous of dol
Tin it 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
-
r
r
30,828
16, 430
32, 272
13, 572
30, 191
13 483
38, 170
11 786
390.3
404.5
346.5
372.4
305.5
230.5
404.5
200.4
310.0
385. 1
225.2
353.8
343.9
5,587
5,284
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
490. 6
144.7
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
r
330. 8
P 376. 4
p 254. 6
1.391
2,825
3,001
3,189
1,998
1,095
1,327
1,145
966
1,059
1,157
1,725
1,667
191
52, 155
238
239
152
60, 984
115
115
131
35, 707
21 , 284
161
57, 455
39, 165
44, 329
171
249
43, 931
136
50,528
143
61, 785
289
60,610
33, 302
47, 981
8,358
5,911
6,552
6,506
5,908
5,553
5,517
6,020
5,925
6,354
6,140
7,957
1,705
2,239
2,172
2,640
2,232
1,792
1,639
963
769
849
1,137
' 1,535
97
97
114
113
87
115
153
153
163
290,092
133
128
192
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipmentsf
.^thousands.Domestic electrical appliances, sales billed:
Refrigerators index
1936—100
Vacuum cleaners, standard type
number
Washers©
do _
Had^o sets production*
do
Television sets (incl. combination), production*
number..
Insulating materials and related products:
Insulating materials sales billed index^f 1936 — 100
Fiber products:
Laminated fiber products, shipments §
thous. of dol. .
Vulcanized fiber:
Consumption of fiber paper
thous. of lb_.
Shipments of vulcanized products
thous. of dol. .
Steel conduit (rigid) and fittings, shipments 9
short tons..
Motors and generators, quarterly:
New orders, index
1936—100
Polyphase induction motors, 1-200 hpzcT
New orders
thous of dol
Billings
do
Direct current motors and generators, 1-200 hp. :cf
New orders
thous of dol
Billings
do— .
r
161, 002
143, 436
465, 067
210, 086
191, 299
319, 475
242, 975
r 563, 407 "1,100,246
259, 469
304, 131
874, 723
219, 119
230, 263
268, 645
224, 471
' 747, 914 T 868, 100
2,528
230, 226
218, 956
632, 455
235, 936
261, 512
759, 453
254, 135
975, 892
217, 169
222, 266
847, 946
216, 969
219, 882
748, 344
206, 939
281,635
874, 253
188, 715
209, 901
441, 736
198, 921
148, 926
146,705
337, 341
411, 867
415, 332
467, 108
404. 933
409, 337
510, 561
322, 878
309, 375
361, 152
494
539
521
559
511
466
548
528
536
545
517
500
7,136
7,230
7,389
8,032
7,513
6,833
8,115
7,830
7,796
7,899
7,739
7,558
7,597
4,701
5,461
4,802
5,462
4,711
4,170
4,836
4,484
4,216
4,133
3,640
3,720
2,179
1,847
2,129
1,711
1,804
1,523
1,232
1,646
1,618
1,565
1,430
1,332
1,296
1,027
23, 890
25, 017
25, 941
26, 680
26, 409
23, 871
25, 982'
25, 530
27,328
22, 767
23, 243
13, 881
7,214
600
573
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:
Production
thous. of short tons
Stocks in producers' storage yards, end of month
thous. of short tons..
Exports
do
Prices, chestnut:
Retail, composite!
dol per short ton
Wholesale, f. o. b. carat minef.
...do
Bituminous:
Production
thous. of short tons
Industrial consumption and retail deliveries,
total
thous of short tons
Industrial consumption, total
do.
Beehive coke ovens .
do
Oven-coke plants
do
Cement mills.
do
Electric-power utilities
do
Railways (class I)
do
Steel and rolling mills
_ _ _ do. _
Other industrial
...do
Retail deliveries
do
r
2,770
3,514
3,178
4,548
4,016
3,612
3,974
3 162
2,959
3 187
3,203
3 103
2 484
877
526
1,005
605
1,145
706
1,161
892
1,055
633
982
583
939
534
1,005
391
1,024
391
1,026
295
1,149
340
1,264
360
1,447
22.62
14.156
22.85
14. 319
23.00
14. 513
23.15
14. 513
23.31
14. 513
23. 31
14. 513
23 31
14. 513
23 31
14. 513
23 31
14. 513
23 08
13. 394
21 69
13. 456
21 77
13.631
22 38
34, 103
47, 184
42, 954
51 797
49 340
44, 123
49 900
43 770
41 075
39 300
36 515
r 3J 4gQ
25 850
33 214
36, 656
35, 754
40 002
41 435
42 803
32 636
44 284
39 587
39 240
23 255
30 758 r 23 213
31, 521
29, 602
30, 190
33, 244
34, 027
34, 660
28 422
34 895
31 757
32 170
27 741 r 20 235
20 036
r 133
990
850
836
971
933
971
927
685
998
899
681
104
8,454
8,742
8,691
8,706
8,367
8,670
7,627
8,758
8,171
7,854
8,807
3,059
2,930
7
r 582
701
699
688
728
781
758
608
40
637
665
673
603
8,625
7,743
9,382
8,288
9,236
9,267
9,540
7,781
8 434
7, 724
8 510
7 369
7 597
3,814
4,064
3,902
4,252
4,344
4, 463
4 301
3 321
3 698
2 342
3 877
3 075
2 569
534
579
544
625
705
758
582
775
r 208
743
677
562
229
7,270
7,820
7,464
8,741
9, 515
9,773
8,914
9,783
8, 932
7,818
6,102
7,208
6,444
3,612
5,135
5,564
8.143
6. 758
7,408
9.389
7. 830
7.070
4.214
3.017
2.978
3.219
r
Revised.
p Preliminary.
*New series. See note marked "*" or p. S-35.
©Figures through 1951 are estimated industry totals; thereafter, data cover reporting companies
only (representing about 97 percent of total industry).
§ Data for January-August 1951 and beginning January 1952, cover 14 companies; September-December 1951, 15 companies
^Beginning May 1952, the index includes varnished tubing and saturated sleeving.
9 Beginning January 1952, data include sales of an additional firm; earlier data will be revised later.
cf The number of companies reporting is as follows: Polyphase induction, 2d half of 1951, 33; 1st quarter of 1952, 34; direct current, beginning 1951, 28.
tRevised 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 su persede former quotations on tracks, destination. Revised price data prior to 1951 will be shown later.
SUEVEY OF CUEEENT BUSINESS
September 1952
S-35
1952
1951
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
July
August
September
October
November
December
January
February
March
April
May
June
July
PETROLEUM, COAL, AND PRODUCTS—Continued
COA L— Continued
Bituminous— Continued
Consumption on vessels (bunker fuel)
thous. of short tons__
Stocks, industrial and retail dealers', end of month,
total _
-thous. of short tons_.
In dust rial, total
do
Oven-coke plants _ .
_ _ - _ do. _
Cement mills
do
Electric-power utilities
_ _ _ __ . do. Railways (cla^s I)
do
Steel and rolling mills __
- _ do
Other industrial
do
Retail dealers
_
_
_ _ _ do __
Exports
do
Prices:
Retail, composite f
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
Export' 5
- - - do
Price, beehive, Connellsville (furnace)
dol. per short ton
93
96
86
104
91
35
19
19
16
76
92
74, 100
72, 248
14, 035
1,316
31,635
4 426
1,168
19, 668
1,852
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
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
4,824
6,178
6,104
6 387
5 420
4 478
5 163
3,982
4 057
4 248
4,885
15.82
15.86
15. 95
16 10
16.14
16 15
16 16
16 16
16 16
16 16
15 99
16 02
5. 658
6. 533
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
5 697
6 745
5 624
6.349
5 623
6.317
5.629
6.378
526
6,104
326
616
6,152
319
547
5,923
316
629
6,114
328
619
5,882
335
625
6 114
325
637
6, 168
331
589
5 770
310
576
6 204
321
r 433
5 374
296
426
5 535
201
267
1,518
1,175
343
99
94
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
310
142
86
1 832
1 530
302
164
79
1, 873
1 459
413
159
89
1,958
1 534
424
158
62
122
58
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14. 750
14 750
14 750
14. 750
14. 750
1
1
T
r
84
79
80, 744
79, 108
16, 446
r
1,412
35, 802
3
996
r
1, 269
20, 183
1,636
79,314
77, 653
16, 091
1, 456
35, 895
3 560
1, 195
19, 456
1,661
4 862
16 13
PETROLEUM AND PRODUCTS
Crude petroleum:
2 151
1 947
2,307
1,975
1,896
2, 196
2 063
2 040
Wells completed
number
2,017
1 929
2 014
2 101
192, 712
190, 362
191, 650
187,816
185,917
158, 310
192, 882
188, 149
193, 201
184, 654
Production
- _ __ thous. of bbl
197, 610
198 028
97
98
94
97
95
96
71
89
95
96
Refinery operations
percent of capacity
93
95
206, 032
205, 829
202, 721
200, 322
204, 762
152, 062
196, 752
193, 039
193, 524
198, 258
Consumption (runs to stills)
thous. of bbl
205 825
199, 826
Stocks, end of month :cf
255, 783
254, 007
250, 847
290, 813
270, 679
254, 276
254, 900
285, 964
261,100
262, 266
Gasoline-bearing in U. S., total
_
do
255, 900
259 126
62, 311
67, 046
72, 875
69 159
65 297
62, 436
65, 501
64,916
71, 950
64 614
63 612
65, 388
At refineries
do
166, 077
194, 525
175,481
171,730
197, 001
183, 751
177, 982
173, 471
171,074
179, 173
173,315
177 422
At tank farms and in pipelines _
do
17, 724
20, 937
17, 991
18 100
18, 254
19, 489
17, 769
17, 821
17,701
17 971
17, 705
On leases
do
18 092
2, 147
2 303
Exports
do
1,718
2, 199
2 388
3 340
2 361
2,320
2 211
1 858
1 947
2 939
11, 835
14, 458
15, 570
17, 536
13, 050
15, 909
15, 232
14,473
Imports
do
17, 171
14, 083
17,612
14 186
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
2 570
Refined petroleum products:
Fuel oil:
Production:
38, 067
43, 640
39 353
44 693
Distillate fuel oil
_ . thous. of bbl
30, 432
40 726
45 141
38 335
38, 453
40 159
44 314
43 402
39,111
Residual fuel oil- . _
do_
39, 516
30, 336
37, 602
40, 693
36, 827
41, 483
37, 993
36, 843
37, 944
39 482
38, 352
Domestic demand:
24, 277
57 233
27 271
27 867
33 921
47 221
25 815
63 185
27 185
31 655
Distillate fuel oil
do
54 489
49 081
Residual fuel oil
do
39, 400
38, 500
45, 119
50, 982
54, 382
56 246
39, 547
36, 285
40, 454
49 796
45,016
50 721
Consumption by type of consumer:
6,295
3,912
4,204
5,949
5,072
Electric-power plants
_ _ - _ do
4,375
3,717
4,775
5 222
6,068
4 380
5,038
5,440
3,244
3, 032
3, 338
2 434
3 313
2 463
2 500
2,767
3,218
Railways (class I)
do
3 486
3 517
2 851
r
15, 484
6,447
6,331
6 906
Vessels (bunker oil) _ _ do
5,790
6, 156
6,351
6,250
6, 491
6 109
6,438
6,750
6 760
Stocks, end of month:
2
80, 785
51, 634
94, 917
66, 969
102, 561
79, 437
51, 648
55, 369
87, 432
96, 241
65,911
Distillate fuel oil _
_-do.
48 750
2
42, 063
45, 163
38 821
39 523
38 295
45, 378
48, 415
45 688
38 561
47 243
48, 212
Residual fuel oil
do
37 971
Exports:
1,242
1,854
2,641
2,280
1, 654
2,791
1 894
2,554
2,353
3 613
1 316
3,118
Distillate fuel oil
_ do
2,006
1,847
2,244
1,962
1,831
3,005
2,962
Residual fuel oil
- do_
3,119
2, 588
2,500
2, 553
2,059
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
.091
.091
.091
.091
dol. per gal._
.091
.091
.091
.091
.091
.091
.091
.091
1.650
1. 650
1.750
1.400
1.650
Residual (Okla., No. 6 fuel).-.dol. per bbl_1.750
1.690
1.150
1.350
1.500
1.750
1.500
Kerosene:
9 519
12 171
Production
thous. of bbl
12 083
13 040
10 915
10 220
10 506
7 084
10 978
11 262
11 964
10? 742
14, 960
16 744
6,455
6,640
10, 171
Domestic demand
_ __ _
do
6,490
5 504
8 150
16' 633
5 268
12 853
14 608
2
24 933
27, 277
33, 106
Stocks end of month
do
30 241
19 614
29 948
22 679
33 382
23 061
18 955
18 530
16 817
387
538
752
217
1,326
703
Exports
_ -_
- _ _ _ do.
592
747
613
1,000
740
850
Price, wholesale, bulk lots (New York Harbor)
.101
dol. per gal
.101
.101
.101
.101
.101
.101
.101
.101
.101
.101
.101
Lubricants:
4 456
4 921
Production
thous. of bbl
5 241
5 379
5 144
5 157
4 905
5 432
3 492
4 831
4 855
4 963
3,313
3, 348
3, 592
3,421
3 163
4,090
Domestic demand
_ _
_ _
do
2 5or
3 509
2 827
3' 381
3 414
2 990
9 111
8 914
8,875
9 617
9 856
8, 866
Stocks refinery, end of month
do
10 049
8 662
9 694
9 610
10 154
10 169
1,441
1.527
1,357
1,236
1,593
1,499
1,448
1,276
1,429
1 292
1 297
1 751
Exports©
- do_
Price, wholesale, bright stock (midcontinent,
.290
.290
.290
.290
.270
.290
.290
.290
.290
.290
.290
.290
f. o. b. Tulsa). _
- _ _ _ - dol. oer gal
1
'2 Revised.
Specification changed; earlier data not strictly comparable.
New basis. Comparable data for December 1951 (thous. bbl.): Distillate fuel, 85,872; residual fuel, 42,955; kerosene, 26,940.
fRevised 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.
^Includes stocks of heavy crude in California.
©Excludes "special category" exports riot shown separately for security reasons.
NOTE FOR RADIO, TELEVISION SERIES, P. S-34. *New series. Compiled by the Radio-Television Manufacturers Association. Data represent industry totals based on reports
from both members and nonmembers of the association. Both private and company brands are included. Radio production comprises home, portable battery, automobile, and clock models;
television sets include combination models. Monthly figures beginning 1947 will be shown later. Data for September and December 1951 and March and June 1952 cover 5 weeks; other
months, 4 weeks. Revised data for radio sets, January-June 1951 (number): 1,202,503; 1,313,015; 1,720,079; 1,337,042; 1,372,609; 1,062,657.
SUEVEY OF CURRENT BUSINESS
S-36
1952
1951
Unless otherwise stated, statistics throupli
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
July
August
September
October
November
December
January
February
March
April
May
June
July
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products—Continued
Motor fuel:
All types:
98, 643
98, 799
Production, total
thous. of bbl...
96, 115
98, 510
Gasoline and naphtha from crude petro87,851
87, 875
86, 942
leum
thous. of bbl_
85, 004
16, 367
16, 977
Natural gasoline an dallied products., do
18, 167
17, 069
Sales of 1. p. g. for fuel, etc., and transfers
5, 575
6, 053
6,599
5.958
of cycle products
thous. of bbl_
7,982
8, 658
9 318
8 804
U^ed at refineries
do
100, 476
101, 20(5
99, 945
91, 803
Domestic demand
_
do_ _
Stocks, gasoline, end of month:
113,734
106, 704
101,837
106,547
Finished gasoline total
do
67, 250
61,120
56, 984
58, 364
\t refineries
do
7,748
7,742
6,963
7, 600
Unfinished gasolint
_ _ __ do. _
10, 065
9, 883
9,003
9, 578
Natural gasoline and allied products__do
3, 438
4,103
3,293
4,027
Exportsc?
..,-.__ do. _
Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
.104
.104
.104
dol. per gal..
.104
.129
.129
.129
.129
Wholesale, regular grade (N. Y.)*
do
.202
.202
.201
.203
Retail, service stations, 50 cities
do
Aviation gasoline:
5. 931
6, 390
6,487
5,950
Production total
thous. of bbl_
4, 603
5,159
4,792
4,853
100-octane and above
_
do
8, COS
7, 564
7,915
7,726
Stocks total
do _
3,844
3,925
4, 369
3,895
100-octane and above _
__.
do
Asphalt:
Production
..
short tons.. 1, 286, 700 1,363,600 1,247,100 1, 225, 300
947, 800
814,400
Stocks, refinery, end of month
do_ . 1,296,500 1,064,200
Wax:
110.320
115,920
100, 520
104, 440
Production
thous. of lb_
179, 200
188, 440
197, 680
193, 200
Stocks refinery end of month
do
Asphalt products, shipments:
4,840
5,497
6,552
5,865
Asphalt roofing, total
thous. ofsquares__
Roll roofing and cap sheet:
1, 008
1,333
1, 196
1,492
Smooth-surfaced
- do
1,145
1,385
1.357
1, 618
Mineral-surfaced
do
2, 687
2,944
3,147
3, 443
Shingles all types
- - do
135
186
178
268
Asphalt sidings
do
41,979
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
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
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
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
.104
.129
.203
.103
.129
.203
.103
.129
.200
.103
.129
.199
.104
.129
.201
.100
.129
.202
.103
.129
.205
.104
.129
. 205
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
"204"
5 068
7 332
3 863
884, 700
671, 300
719,300
922, 900 1,009,500 1,280.700
605, 600
739, 300
975. 600 1, 203, 600 1,331,500 1,527,300 1,713,500 1, 753, 500 1,660.500 1,436,000
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
4,141
2, 485
3,516
3,549
3, 869
4,742
5,172
5, 103
5. 355
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 0^3
123
59 974
1 001
1 133
2 96Q
119
52 540
1 060
1 166
3* 130
136
56 335
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
thous. of cords (128 cu. ft.)..
Consumption
do
Stocks end of month
do
Waste paper:
Receipts
..short tons..
Consumption
do
Stocks end of month
do
2,309
2,104
4,388
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
*>' 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
722, 774
667, 582
547, 347
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
1,438
198, 499
550, 868
206, 044
61, 287
38, 777
208, 437
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
105,430
11, 920
12, 542
26, 187
11, 579
803
38, 601
110,011
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
14
18
41
12
2
42
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
197, 934
47, 933
22, 060
51,121
44,917
2,859
27, 202
27, 758
172 963
42, 268
17, 928
44, 744
42, 242
2,767
21, 803
23, 583
169 664
45 368
18 961
39, 849
41,971
2, 430
20 106
14, 540
176 358
43 560
21, 858
42, 074
47, 656
2,273
17 974
24, 261
161 847
47 028
18 854
41,111
37 294
2,654
14 086
r
29
145
37
11
40
33
2
18
1,847
1 022
743
82
2, 105
1 118
892
95
2,005
1 048
859
97
WOOD PULP
Production:
r
Total, all grades
thous. of short tons._ r 1, 331
177, 160
Bleached sulphate
short tons
' 523, 332
Unbleached sulphate
do
'r 182, 184
Bleached sulphite
do
58. 465
Unbleached sulphite
do
Soda
--d o _ _ - r 29, 921
197, 236
Groundwood
-- do. .
94, 500
Defibrated, exploded, etc
do
Stocks, own pulp at pulp mills, end of month:
r
110, 617
Total all grades
short tons
11,830
Bleached sulphate
do
13, 685
Unbleached sulphate
do
r
27, 297
Bleached sulphite
do
12, 210
Unbleached sulphite
do_
987
Soda
do
40, 852
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_
_
..
_
_.
__
10, 711
213, 392
47, 001
31, 179
50, 379
53, 221
2, 625
27, 199
22 369
155 331
43 456
12' 91 7
41, 648
34 495
2 573
19 544
T
2, 044
2 127
T 5 i4g
2.211
1 910
5 448
589 727
r 505' 572
r 543' 523
550 030
561 067
536 811
1,402
210 711
513 971
210, 273
58 390
37 840
203 259
87, 398
1,323
207 457
483 425
188. 012
5° 355
33' 893
194 762
89, 236
1.180
174 c i^l
432 532
165, 479
47 °25
26 953
181 974
84, 161
706
545
349
660
150
161
547
147
17
18
47
12
2
41
156
90
18
49
15
2
41
146
16
19
46
15
2
36
522
643
987
575
497
382
619
878
30 131
147* 433
47 696
11 669
36 458
31 336
o 229
17 408
2,014
1 051
867
97
2,011
1 029
875
535
277
139
217
571
170
ggg
r
864
566
247
509
500
610
030
^08
3°6
541
508
460
563
682
19 666
133 599
39 188
11 493
32~ 618
27 286
2 197
20 205
PAPER AND PAPER PRODUCTS
All paper and paperboard mills:
Paper and paperboard production, total
r
2,207
2,220
thous. of short tons_1,r 997
2,049
2,018
1,106
1,166
1,088
975
1,043
Paper (incl. building paper)
. do
r
989
857
906
873
939
Paperboard _ ___ _
do .
r
104
113
103
115
Buildiner board __ _
do ..
116
r
Revised.
cfExcludes "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.
2,071
1 095
881
95
10fi
' 1, 949
r Qgl
858
110
1.762
869
783
na
SURVEY OF CURRENT BUSINESS
Sept vi nber
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-37
1952
1951
July
August
September
October
November
December
January
February
March
April
May
June
July
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper, exol. building- paper, newsprint, and paperboard (American Paper and Pulp Association):
812, 496
Orders, new
_ _
_ _ .short tons.
854, 043
1,025,263
Orders, unfilled, end of month
do__
983, 823
783, 778
894, 740
Production
do
770, 991
Shipments
do
895, 659
312, 183
Stocks, end of month
do
311, 254
Fine paper:
108, 242
104, 721
Orders, new
- do
133,205
145,100
Orders, unfilled, end of month
do
95,741
116,506
Production
do
116,652
98, 572
Shipments
do
63, 605
63, 459
Stocks, end of month. ...
do
Printing paper:
268, 285
290,115
Orders new
do
494, 705
510, 150
Orders, unfilled, end of" month _ .
_ do
304, 666
254, 382
Production
do
254, 294
305, 590
Shipments
_ do
112, 920
Stocks, end of month.
do. _. 113,845
Price, wholesale, book paper, "A" grade, Eng12.98
12.82
lish finish white f o b mill* dol per 100 Ib
Coarse paper:
302, 539
Orders, new
short tons.. 277, 783
233, 895
235, 118
Orders unfilled end of month
do
303, 033
277, 523
Production
_ _ _do_
303, 762
270, 980
Shipments
do
84, 265
84, 993
Stocks, end of month
do_
Newsprint:
Canada (incl. Newfoundland):
484, 563
Production
do
452, 455
480, 581
Shipments from mills.
do
442, 966
148, 957
144, 975
Stocks, at mills, end of month __ _
do_
United States:
344, 470
Consumption by publishers
do
333, 440
101, 574
92, 481
Production
do
100, 003
Shipments from mills.
do
90, 875
Stocks, end of month:
10,191
8,620
At mills
do
467, 052
393,718
At publishers
_
do_
77, 646
106, 727
In transit to publishers
do
442, 100
417, 120
Imports
.
. do.Price, rolls, contract, delivered to principal
111.75
109. 25
ports*
. dol. per short ton_.
Paperboard (National Paperboard Association):
932, 200
Orders, new
short tons.. 933, 000
470, 800
537, 600
Orders unfilled end of month
do
890, 000 1, 002, 200
Production total
do _ _
94
84
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
5,940
5,278
shipments
mil. sq. ft. surface area.
Folding paper boxes, value:
594.0
616.7
New orders
1936=100.594.1
702.5
Shipments
do.
740, 502 rr 754, 869
720, 029
747, 506
' 817, 027 rr 775, 142
771, 571
*r 803, 031
376, 503 ' 380, 075
r
r
835, 693
982, 593
851,819
837, 409
325, 907
942, 156
976, 91 3
946, 158
947, 030
325, 035
819, 334
914, 463
896, 957
881,877
340, 425
820, 265
870, 769
861, 248
863, 959
338, 617
962, 506
914, 567
932, 288
911,745
326, 610
842, 191
903, 374
865, 400
851 819
344, 664
852, 186
854, 820
896, 773
881, 775
360, 070
813, 274
825, 736
850, 216
842, 129
369, 375
109,384
132, 655
110, 546
110,422
63, 325
121,329
132, 495
123, 623
121,489
65, 959
100, 090
110. 610
122, 649
121,972
66, 635
106, 947
122,703
118, 200
119, 040
65, 795
136, 428
141,965
126,753
125, 513
64, 558
114,955
138 310
122, 133
116 643
67, 895
108, 853
120, 280
124, 033
121, 995
69, 710
104, 915
111, 930
116, 076
113, 781
72, 250
91, 140 • rr 89, 950
85, 023
93, 500
* 115, 790 * 100, 872
* 97, 427
»• r109, 550
78, 490 ' 81, 935
278, 225
492, 795
286, 834
280, 135
119,619
320 338
495, 265
313,161
317,865
114, 915
264, 508
465. 945
297, 894
293, 829
118, 980
274 755
447, 761
291, 707
292, 939
117, 748
343 367
475, 000
315,983
310, 450
129, 798
288
475
290,
290
130
288
458,
300,
295,
135,
296
460,
295,
293,
138,
r
13.15
13 15
13.15
13 15
13 15
294, 386
236,168
296, 567
292,113
88, 720
321,515
232 340
3?4, 031
325 340
87,411
313, 393
229, 708
321, 822
316,025
93, 520
291, 794
217 091
305, 258
304 411
94, 367
329, 159
192 045
320, 281
317 727
66, 884
286,
193
293
289
75
431, 082
427, 738
152, 301
492 475
497, 410
147 366
471, 732
491, 020
128, 078
435, 287
461, 455
101,910
470, 456
445, 212
127, 154
381, 437
90, 728
92, 487
405 277
100 339
97, 791
402, 829
95, 847
99, 301
387 783
91, 763
91,721
8,432
439, 547
87, 037
358, 866
10 980
434, 841
100 292
458, 514
7, 526
436, 244
107, 144
438, 140
7, 568
430, 431
91,765
403, 934
745
150
945
555
180
13 55
200
050
497
680
960
13 55
780
500
614
550
025
13 55
235, 000
141, 000
230, 000
226, 000
98, 000
471 235
468 018
170 187
495, 972
492, 478
173, 681
451 915
183, 791
141 805
485, 539
483, 250
144, 094
393 470
94' 767
94 250
404 071
103, 440
103, 783
379 943
99 080
98 138
329 729
94, 192
94, 933
8 969
460 475
72 475
419' 848
8
442,
79
409,
9
476
74
459
8 827
532, 297
75 474
345 315
97, 216
95, 046
348 630
94 759
96 982
399 258
99 633
98 696
9 738
460, 378
89 491
385, 574
7 515
475 502
99 741
398' 936
T
r
r
626
739
0?8
649
568
479
592
005
114. 25
116. 75
116. 75
116.75
116. 75
116. 75
116 75
117 00
117 00
856, 000
458, 200
852, 500
961,900
487, 800
951, 700
804, 500
365, 400
866, 300
798, 300
358, 700
789, 900
883, 200
405, 500
835, 000
829, 300
355, 200
867, 800
923, 000
380 400
880 500
875, 600
417 600
869 500
880, 000
375 000
906, 000
82
82
850, 300
352 900
832 800
86
000
000
000
000
000
' 238, 232
135 000
r
251 055
r 241 069
94 000
476 492
453 162
166 970
452
617
887
4(39
280,
425,
252,
250,
141,
13 55
457 835
441 349
143 640
8
457
87
r 416
261, 286 T 277, 290
425, 000 r 415, 000
288, 313 'r 278, 647
285, 851 r 279, 631
139, 480
140, 488
84, 000
82, 000
88, 000
87, 000
83, 000
246, 360
140 000
269, 058
262 180
84, 000
254, 759
160 500
277 891
276 686
84 100
294,
182
307
300
82
r
r
13 55
560
684
066
445
900
297
108
068
132
550
r
r
756, 000
733, 806
721, 500
719, 000
382, 150
119 500
845, 800
444 200
773, 700
87
82
5,511
6,055
5,399
5, 642
5,550
5,569
5,935
5 765
6,013
5,541
5,538
476.8
629.2
615.9
747.6
555.7
650.8
498.1
528.0
654.6
639.8
608. 8
619.0
636 9
630 2
581 3
614 6
604.1
604 1
666.4
638 7
627.4
575 5
940
743
197
980
781
199
1,172
1,083
720
557
163
723
575
148
1,371
1 081
1 055
S55
200
1, 240
1,003
290
754
249
601
472
129
34 642
r 73 959
76 383
35 489
r 5] 553
85 172
36 364
r 59 422
82 474
36 292
r 63 988
59 188
r 36 946
r 72 995
67 246
32 714
84 494
75
81
86
85
82
71
PRINTING
Book publication, total. _
New books
New editions
_ _ _
. number of editions. do
do
751
549
202
638
466
172
963
209
872
211
937
303
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
_ long tons
Stocks end of month
do
Imports including latex and guayule
_ do.
Price, wholesale, smoked sheets (New York)
dol. per lb__
Chemical (synthetic):
Production
long tons
Consumption
_
_ _ do.
Stocks end of month
do
Exports
_ _
do
Reclaimed rubber:
Production
do
Consumption
_ _
do
Stocks end of month
_
„ do
35, 478
67, 816
73, 586
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
36 776
r 75 4,«8
83 283
.520
.520
.520
.520
.520
. 520
.520
76, 250
61,419
89, 527
74 951
67, 260
96, 382
79 285
68, 923
109 407
550
73 045
65, 403
116 910
1, 190
r 76 961
60, 421
129 952
1,430
T 75 971
r
70 330
777
70 870
68, 460
99, 889
1,008
29, 999
25, 500
44, 347
29, 035
28, 598
43, 900
26, 885
26, 226
43, 095
29, 611
27, 744
44, 367
25 453
24, 509
44,0-49
6,718
6, 584
2,361
4,108
7,533
7,145
2,813
4, 211
7,414
6, 640
2, 519
3, 950
7, 771
7, 050
2 553
4,315
3,586
108
4,033
126
4,740
147
5,179
5,042
5, 685
6, 141
5,729
6, 272
5, 695
5, 042
6 831
968
.505
.505
.485
913
r 79 41Q
T 77 437
1 831
66 567
r 145 277
2 141
r 59' 744
r 151 249
3' 490
?3 677
22, 044
45 082
27 755
26 5n3
45 067
23 833
24' 51 8
43 306
22 808
24 7^7
40 579
7,374
6,081
2 391
3,501
6 441
4,517
1 800
2 519
7 87?
6. 529
2 140
4*243
7 463
5, 514
129
6,888
161
8, 765
210
146
163
7 786
6*134
2 484
3' 512
10, 039
150
11,370
164
6 270
5, 603
7 471
5 500
4,803
8 378
5 143
3, 556
10 094
5 582
5,475
10 343
5 138
4, 958
10 507
r ]38 688
r 74
r
.485
.380
.315
368
339
339
350
r 64 040
r 66 203
r 151 324
1 154
58 999
58 416
152 309
93 142
22 314
40 169
r 21 079
r 21 850
T 38 973
16 405
18 439
36 347
189
967
814
038
7 433
7, 443
2 719
4 624
r 7 366
9,003
2 617
6' 256
7 097
7 148
1 186
5 845
13, 043
181
13, 295
127
13, 263
108
11, 668
107
11, 647
5 497
5, 034
10 900
5 481
5, 305
11 013
5 771
5,330
11 493
5 536
6,040
10 974
4 7°>0
4,507
11 22?
r 68 4^2
r 159 TQ1
2 415
23 948
23 911
39 767
r 61
r 67
r 154
2
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
115
57
120
88
171
101
181
94
188
121
198
144
93
e' 184
2 301
3 721
125
137
105
7
6
2
4
115
Revised.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.
©Excludes "special category" exports riot shown separately for security reasons.
§Includes data for motorcycles.
88
101
63
130
83
117
SUEVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
September 1952
1951
July
August
September
1952
October
November
December
January
February
March
April
May
June
July
162, 959
174, 155
185, 451
168, 174
161, 544
157, 412
16 545
18 095
20 748
21 342
STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS
Coated abrasive paper and cloth, shipments, .reams..
161, 093
195, 139
188, 389
132, 524
159, 041
22 797
20 737
19 874
17 039
174, 180
171, 584
22, 439
22,514
22 269
98
98
100
99
93
85
24, 259
14,812
5, 601
25, 841
11,491
4,851
23, 253
10, 499
4,138
26 134
7, 162
3,544
17, 994
9,910
3,882
11,791
17,993
571, 338
540, 545
603, 781
571, 081
538, 774
516, 533
591 , 281
578, 080
27. 317
27. 317
27. 366
137, 727
141,255
151, 181
150, 323
101, 903
100, 040
10, 355
9,372
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
19 817
21 829
73
76
78
86
92
90
90
4,711
12 696
22, 336
7,056
14 362
24,519
8,987
15 993
26, 622
10, 741
21 764
24, 672
10, 348
23 282
23, 220
9, 513
25 067
r
18,896
r
8, 483
25 084
15, 154
7,460
532, 937
466, 690
436, 552
342, 901
406 229
353,812
392, 482
378, 321
434. 789
484, 468
492, 488
489 779
479, 409
510, 226
411,819
27. 366
27. 366
27. 366
27. 317
27.317
27.317
27. 217
27.217
27. 217
137, 430
135, 057
158,121
141,154
121,239
1 24, 993
82, 546
134,045
139, 685
139, 573
139, 744
128,020
86 576
127, 442
97, 107
134, 221
143, 426
145, 603
103, 493
101, 782
93, 164
94, 063
101,922
84.411
66, 682
81, 948
71 403
78, 061
75,617
76,119
100, 142
98 965
85, 529
69, 494
82, 647
84, 813
84, 209
82, 285
86, 470
83 994
10, 575
10, 543
9,134
9,397
9, 341
7,804
7,714
7, 603
7, 568
8,941
8 485
8, 783
8, 053
9,400
9,005
9. 523
8,948
9,577
10, 220
9,888
10, 080
9,607
CLAY PRODUCTS
Brick, un glazed:
Production
thous. of standard brick.
Shipments
- do_ _
Price, wholesale, common, composite, f. o. b.
plant f
dol. per thous. _
Clav sewer pipe, vitrified:
Production
short tons..
Shipments
do. _.
Structural tile, unglazed:
Production
_.do
Shipments
do
1 54, 034
118,092
501,459
GLASS PRODUCTS
Glass containers:
Production
thous. of gross..
Shipments domestic total
do
General-use food:
Narrow -neck food
do
Wide-mouth food (inch 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
Chemica1 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, 042
9,735
738
1,125
1,432
1,072
632
674
783
859
881
1,125
1,216
915
892
2,416
2,782
2,281
2, 426
2,122
1,885
2,498
2,123
2,400
2,474
2,767
2,706
2,733
858
1,848
602
2 279
746
503
874
655
806
1. 123
1 198
1, 073
1 244
840
979
940
852
905
1,795
1.962
2 272
2. 064
1,860
717
338
312
634
260
572
330
2, 161
1,834
722
326
693
199
735
233
788
264
10, 102
9,839
9, 884
850
244
739
214
10,375
679
258
7*3
228
767
700
1,061
2, 355
977
955
741
1, 901
319
840
1,097
1,810
525
841
695
266
297
746
1,328
1,985
906
1, 805
332
1 344
1,171
1,782
532
873
805
9,710
9,453
9, 635
10, 093
10,216
9, 863
9.871
10, 060
10, 107
5, 560
5, 733
5,807
5, 331
12, 256
4,656
4,387
12, 556
4, 966
5,414
3, 889
4, 645
3 800
3. 352
4, 883
11,228
11,579
5, 136
5, 514
9, 989
5, 357
5. 061
10, 241
4,701
4,987
9 892
4,966
11,978
4,473
11,837
5,329
9,073
4,831
5,491
11,769
8,349
8,023
2,766
3,506
2,892
3,459
3, 368
2, 589
3, 005
3,857
3,431
3,474
3,551
2,908
4. 537
5, 245
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:
_ase cp i p ^
All other building plasters
L'lth
Tile
Wallboardcf
Industrial plasters
do
thous of sq ft
do
do
short tons
859
1 171
2,271
1 977
2 027
1 681
588, 584
636 366
590 559
13* 711
169,219
704 333
9, 386
855 222
68 612
471
10
146
602
7
776
71
401
734
1, 806
1, 582
2, 067
1 720
>• 526, 045
559 966
r
072
648
036
500
763
854
377
451 841
13 086
134, 090
508 785
7, 602
761,566
r
67 484
494
14
143
589
6
830
61
822
045
059
300
670
644
426
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
.thous. of dozen pairs. .
Shipments
. ..
do
Stocks end of month
do
9,383
9,259
30 332
12, 670
12. 929
30 073
11,862
12, 605
29 330
13, 617
14,371
28 573
12, 928
13,986
27 515
11,393
11,611
28 199
13, 945
13, 366
28 778
13, 465
13,495
28 748
13, 250
13, 961
28 037
13, 476
13, 551
28 087
13, 324
12,317
29, 075
13, 046
12,481
29, 693
11, 768
11,637
29 905
COTTON
Cotton (exclusive of linters) :
Production:
2
r
r
r
r 10, 023
* 12, 804
13, 592
14, 530
r i 15, 072
5, 458
2,014
1, 413
Ginnings§
thous of running bales
224
Crop estimate, equivalent 500-lb. bales
3
r 1 15, 144
13 889
thous of bales
922, 559
768, 889
672,715
847, 444
686, 697
695, 965
692, 594
754, 119
722, 004
905, 062
730,817
736, 535
Consumption^
bales
768 072
Stocks in the United States, end of month,
7,638
10, 759
4, 266
3, 180
13,646
2,745
12, 128
9, 060
6, 351
5,100
2,278
15, 125
16, 198
totalt
thous. of bales-10, 672
7, 537
4,179
2,675
13, 550
12,037
6,254
3,097
8,981
5,003
2,166
15, 022
16, 090
Domestic cotton total
do_ .
3,492
2,421
1,503
419
220
134
10,734
6, 840
4, 754
481
126
887
13, 652
On farms and in transit
_ _ do
5,644
1,782
5, 514
4,920
4, 394
2,992
3, 773
2,380
1,457
719
3,289
5,886
1,438
Public storage and compresses
do
1. 536
1,639
1,189
1,640
1,594
1,381
998
999
1, 196
1,530
1,397
1,313
1,000
Consuming establishments
_ do._
96
87
80
86
70
97
83
103
92
101
97
112
108
Foreign cotton, total-. . . .
do
r
Revised.
t Revised series. Data beginning 1947 will be shown later.
1 Total ginnings of 1951 crop.
2 Ginnings to September 1.
3 September 1 estimate of 1952 crop.
o" Includes laminated board, reported as component board.
§ Total ginnings to end of month indicated.
IData for July and October 1951 and January, April, and July 1952 cover 5-week periods and for other months, 4 weeks; stocks are for end of period covered.
SURVEY OF CURRENT BUSINESS
September 1952
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey
S-39
1952
1951
July
August
September
October
November
December
January
February
March
April
May
June
July
TEXTILE PRODUCTS—Continued
COTTON — Continued
Cotton (exclusive of linters) — Continued
Exports
bales _
Imports
- do _
Prices received by farmers
cents per Ib
Prices, wholesale, middling, iff«"i average, 10
markets
cents per lb__
Cotton linters:!
Consumption
_
thous. of bales
Production
do_ _
Stocks end of month
do
129, 144
7,529
39.1
145, 758
3,679
34.6
40.1
356, 209
2,320
33.7
583, 927
5,722
36 2
803, 580
1,046
41.0
979, 762
2,214
40 3
676 400
15 453
38 7
587 763
35 470
37 3
419 304
1*652
36 7
334 248
1,449
37 3
316 461
373
36 1
264 418
4 367
38 0
37 0
35.1
36.9
41.5
42.2
41.9
40.6
40.8
40.7
38.6
40.4
39.4
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
62, 133
1, 884
r 72. 283
1,999
r 2 381
73, 609
1 434
59, 942
* 1, 643
*• 63, 442
1 295
2 258
54, 136
1 251
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
3.784
31 069
.755
1.035
<.738
* 1.019
.730
991
.727
1 006
35.0
91
21
259
88
64
231
63, 092
2,497
63, 850
1,935
2, 273
65, 408
2,174
53, 745
1,609
64, 127
1,690
2 319
77,431
1, 840
38.77
45.4
20.9
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
.806
1.058
.767
.968
.720
.926
.712
.911
.769
.948
.791
.960
22, 140
20, 884
9,877
412
9, 260
110.9
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, 3:30
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
78.7
28.4
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
r
T
COTTON MANUFACTURES
Cotton cloth:
Cotton broad-woven goods over 12 inches in width,
production quarterly cf 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, Southern, prices, wholesale, mill:
22/1 carded white, cones
_ _ _ dol. per Ib
40/1 twisted carded skeins
- 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-Consuming 100 percent cotton
Operations as percent of capacity
_ _
do
T
(0
r
r
r
20, 770
19 453
8, 700
435
8, 102
117 3
27 09
21, 325
19 948
9, 11.2
380
8 501
102 2
RAYON AND MANUFACTURES AND SILK
Rayon yarn and staple fiber:
Consumption:
Filament varn
mil. of Ib
Staple
fiber
-- -do
Stocks, producers', end of month:
Filament varn
_ _ do
Staple
fiber
do
Imports
_- thous. of Ib
Prices, wholesale:
Yarn, viscose, 150 denier, filament, f. o. b. shipping point*
dol. per Ib
Staple fiber viscose, l^i denier _
do
Rayon and acetate broad-woven goods, production,
quarterlvcf
thous. of linear yards
Silk, raw:
Imports
thous. of Ib
Price, wholesale, white, Japanese, 20/22 denier,
87% (A A) , f. o. b. warehouse 9
dol. per lb_ _
20.0
4.9
9,738
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
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
.780
.400
780
.400
411, 100
r
425, 004
445, 562
75 2
27.2
83 0
26 8
78 8
15 2
3,902
65 1
15 9
780
.400
780
400
r
408, 440
364
577
645
842
708
848
1,524
1,205
975
705
861
1,275
4.30
4.13
4.42
4.65
4.68
4.78
4.82
4.97
4.91
4.89
4.90
4.95
30, 700
2,395
33, 761
28, 892
4,388
41, 850
27, 392
4,500
23, 340
31,700
7,895
32, 026
25, 368
6,728
29, 665
25, 116
7,084
39, 649
29, 330
11,005
42, 487
24, 756
9,720
40, 557
23, 924
9,252
42, 820
30, 020
11,020
51,018
2
2
2
21.962
2
2
2
1. 644
2 1. 600
1. 580
2 1. 594
.644
.638
.598
.585
.585
594
1. 375
1.375
1.425
2 1. 425
1 425
WOOL
Consumption (scoured basis) :§
Apparel class
- — thous. of lb_.
Carpet class
do. _
Imports
do
Prices, wholesale, Boston:
Raw, territory, 64s, 70s, 80s, scoured _._ dol. per lb__
Raw, bright fleece, 56s, 58s, greasy, 47 percent
shrinkage
dol. per Ib
Australian, 64s, 70s, good topmaking, scoured, in
bond
dol. per Ib
2
2. 600
2. 230
2
1. 825
.982
.872
2.730
2. 450
2 2. 200
2 1. 825
1. 980
2
.770
2
1. 820
2
1. 850
.762
.740
1. 750
2 1. 650
1. 820
.722
2
1. 725
2
1. 562
2
2
r
25, 472
8, 072
44 934
r
27,212
5,644
35 927
2
1. 600
1.627
WOOL MANUFACTURES
Machinery activity (weekly average) :§
Looms:©
Woolen and worsted:
124
130
139
110
136
130
147
129
141
139
Pile and Jacquard thous. of active hours
145
146
r
1,685
1,750
1,787
1,908
1,735
1,745
1,592
1,772
1,534
1,763
Broad
do
1, 647
1,738
11
9
10
13
13
19
13
14
14
18
16
Narrow
do_ __
20
Carpet and rug:
r H4
96
89
98
46
117
128
112
126
100
89
73
Broad
_ _ _ - _ _-_ do T
41
43
25
45
41
51
46
47
48
50
51
40
Narrow
do
Spinning spindles:
r 67 772
72, 835
69, 869
58, 540
70, 034
73 268
63, 457
70, 037
71, 567
67, 806
67, 953
"Woolen
do
69 696
r
75, 843
77, 098
76, 698
83, 351
77, 342
72, 078
74, 786
71, 007
72, 644
68.175
70, 404
Worsted©
- --do
78, 707
124
120
142
129
131
120
110
121
119
119
Worsted combs
do
120
131
Wool yarn:
61,670
50, 665
52, 356
48, 648
49, 004
61, 232
60, 115
50, 984
60, 710
53, 472
Production, total §0
thous. of l b _ _
50, 204
* 51,056
5, 315
5, 572
5,416
6,795
6,008
6,150
4,856
6, 092
6,705
5,356
Knitting§
- - do
6 036
6 564
44, 465
40, 225
36, 520
35, 364
36, 708
39, 036
40, 290
40, 305
35, 768
34, 056
34, 204
Weaving §
_ _
_ _ do
36, 800
r
5,125
8,952
7,312
10,410
6,712
11,612
8,784
14, 255
13, 120
11 572
Carpet and other§
do
6 840
10 816
Price, wholesale, worsted yarn (Bradford
2.817
2. 695
2.389
2.477
2.453
2.358
2.286
2.219
2.410
machine knitting system) 2/20s*___dol. per lb_
2.110
2.098
2.128
r
3
Revised.
1 No quotation.
2 Nominal price.
Substituted series.
Quotations cover cotton yarns, natural stock, on cones or tubes, f. o. b. mill; $0.784, carded weaving yarn; $1.069,
4
combed knitting yarn. Earlier data are not available for publication.
Specification changed; earlier data not strictly comparable.
\ Data for July and October 1951 and January, April, and July 1952 cover 5-week periods and for other months, 4 weeks; stock data and number of active spindles are for end of period covered.
^Beginning 1951, production of broad-woven goods is classified according to principal fiber content; production of fabrics containing 25.0-49.9 percent wool (which cannot be distributed
between cotton and rayon goods) and rayon and cotton fabrics produced on woolen and worsted looms amounted to approximately 73 million yards in 1950.
9 Substituted series. Data beginning January 1950 will be shown later.
§Data for July and October 1951 and January and April 1952 cover 5-week periods; other months, 4 weeks.
©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.
*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.
SURVEY OF CURRENT BUSINESS
S-40
September
1952
19 51
1950
1951
and descriptive notes are shown in the
Statistical Supplement to the Survey
July
Septomber
August
October
November
December
January
February
March
April
May
June
July
TEXTILE PRODUCTS—Continued
WOOL MANUFACTURES— Continued
Woolen and worsted woven goods, except woven
fcltsrt
Production quarterly total
thous oflin.yd
Apparel fabrics total
do
Government orders
do
Other than Government orders total do
IVJen's and boys'
do
%Vomen's and children'^
do
Nonapparel fabrics total
do
Blanketing
do
Other nonapparel fabrics
do
Prices, wholesale, f. o. b. mill:
Suiting gabardine, 56"/58"*
dol. per vd_.
W omen's dress goods, flannel, 8 oz., 54-inch
dol. per yd_-
84, 570
68, 903
32, 474
36, 429
17, 180
19,249
15,667
9, 560
6,107
90, 034
76 414
29, 513
46 901
19, 868
27 033
13, 620
7 989
5, 631
4.381
4.381
4.381
3.572
3.713
3.302
3.302
3.302
2 722
2.722
3.713
87, 185
75 687
23, 533
52 154
25,111
27 043
11,498
T
6 536
4 962
3.713
83 213
71 520
17, 289
54 231
27, 390
26 841
11 693
5 572
6 121
3.713
—
--
i 3. 696
3.696
2.822
2.822
3.696
TRANSPORTATION EQUIPMENT
AIRCRAFT
numberdo _ _
207
103
171
48
184
62
124
49
162
62
152
69
224
42
227
212
248
73
291
149
330
115
335
108
number.do
do
_ do _
do
do
do _
492, 316
665
630
381, 407
359, 276
110, 244
91,517
549, 708
783
778
426, 932
404, 590
121 993
99J 007
476, 002
743
660
365, 906
350, 246
109, 353
90, 445
526, 447
1,174
1,108
414, 533
401, 392
110, 740
92, 275
450, 416
833
710
356, 500
346, 048
93, 083
75, 653
380, 650
845
746
292, 799
284, 323
87, 006
70, 834
375, 410
778
755
r
273,
639
r
258,524
r
100, 993
r
85, 127
435, 216
625
525
r
334,
058
r
315,
670
T
100, 533
T
84, 499
482, 973
569
499
r
373, 237
r
352, 651
T
109, 167
r
92, 027
529, 585
597
507
416, 155
396, 912
112, 833
97, 591
503, 917
423
329
r
398, 286
r
381, 463
r
105,208
r
90, 472
518. 710
484
382
r
408, 700
r
392, 933
r
109,526
r
94, 500
_-- -do __
_ _ __ do _
-do
39, 272
21, 148
18, 124
40,364
19, 638
20, 726
39, 401
18, 986
20, 415
26, 264
11,777
14, 487
32, 772
17, 633
15, 139
32, 759
18, 007
14, 752
28, 598
13, 396
15, 202
do___
do
do
do
do
4,648
4,416
1,984
2,432
232
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
3H4
5,298
4,833
1, 963
2,870
369
5, 163
4, 602
1,854
2,748
335
4,029
3,681
1,219
2,462
292
do
..do _
406, 333
84,021
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
7, 183
5. 1 56
5, 156
2, 027
14
14
10,129
6, 794
6,777
3. 335
22
22
18
0
9, 845
6, 330
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, 705
2.092
0
8, 578
5, 755
5, 755
2,823
25
25
16
0
2
2
0
6, 539
4, 976
4,848
1,503
13
13
13
0
5, 658
4,116
3, 860
1,542
8
8
8
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
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
6.1
76, 870
45, 094
31, 776
3, 091
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
21
0
21
1,721
1,721
19
0
19
1, 720
1,720
0
18
0
18
1, 594
1, 594
0
17
0
17
1,573
1,573
0
16
0
16
1, 441
1,441
0
30
0
30
1,463
1, 463
0
28
0
28
1, 347
1,347
0
26
0
26
1, 156
1, 156
0
0
25
1, 186
1, 186
0
2 7°
37
56
59
39
59
658
607
51
681
611
70
702
646
56
643
598
45
Civil aircraft shipments
Export sj
MOTOR VEHICLES
Factory sales, total
Coaches, total
Domestic
Passenger cars, total
Domestic
Trucks total
Domestic
Exports, total t
Passenger cars._ .
Trucks and bussest
.
_
-_
Truck trailers, production, total___
Complete trailers
Vans
All other
.
Trailer chassis
Registrations:
New passenger cars
New commercial cars _
31, 806
35, 173
' 14, 606 ' 10, 468
21, 434
20, 591
22, 100
9, 205
12, 895
r
31, 614
14, 272
' 17, 342
r
r
33, 808
16, 280
17, 528
r
r
211,890
224
220
168, 327
161, 862
43, 343
36, 343
3, 673
3, 369
1,281
2, 088
263
RAILWAY EQUIPMENT
American Railway Car Institute:
Shipments:
5,290
Freight cars, total
number
4,014
Equipment manufacturers, total
do
4,014
Domestic
do
1,276
Railroad shops, domestic _ _
. - _ do _
19
Passenger cars, total
do
19
Equipment manufacturers, total-- ..do __
10
Domestic
do
0
Railroad shops, domestic __. __do. _.
Association of American Railroads:
Freight cars (class I), end of month :§
1,736
Number owned
thousands
Undergoing or awaiting classified repairs
96
thousands. .
5.5
Percent of total ownership
125, 846
Orders, unfilled
number
84, 858
Equipment manufacturers
do
40, 9S8
Railroad shops
do
Locomotives (class I), end of month:
Steam, undergoing or awaiting classified repairs
3. 048
number-13.0
Percent of total on line
Orders, unfilled:
12
Steam locomotives, total
number
0
Equipment manufacturers
do
12
Railroad shops
do
1, 590
Other locomotives, total
do
1, 590
Equipment manufacturers
do
0
Railroad shops. do
Exports of locomotives, total
Steam
Other ...
-
_ ..
. _ do ...
do
.-do
10
0
10
!, 547
1,547
0
23
1 , 804
1,804
0
o
20
0
20
1,789
1,789
0
48
0
48
63
0
63
50
1
49
60
1
59
cl
538
484
54
591
529
62
447
3S5
62
5P7
54,3
42
Go
r
r
1
INDUSTRIAL ELECTRIC TRUCKS AND
TRACTORS
Shipments, total
Domestic
Export--- _
number. _
do
. do
798
/o
^
673
581
92
T
l
2
Revised.
» Preliminary.
Specification changed; earlier data not strictly comparab e.
Beginning 1952, detailed statistics are not available.
fRevised scries. Beginning with data for 1951, the Bureau of the Census reports for \voole i arid worsted woven fabrics refer to goods which are principally wool by weight (i. e., exclude
fabrics containing 25-49.9 percent wool previously included) ,
{Excludes "special category" exports not shown separately for security reasons. Bcginnii g 1952, data for exports of passenger cars, trucks, and busses exclude all mi itary exports.
§Not including railroad-owned private refrigerator cars.
*Ncw series. Compiled by 17. S. Department of Labor, Bureau of Labor Statistics. More complete specifications are: Worsted suiting, women's and children's gabardine, 10^1214 oz./yd.; monthly data for I960 will be shown later.
U . 5 . G O V E R N M E N T P R I N T I N G O F F I C E : 1952
•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
Abrasive paper and cloth (coated)
„__
38
Acids
__
..._.
24
Advertising
...
7, 8
Agricultural income and marketings
2
Agricultural wages, loans
15
Aircraft
11,12,14,40
Airline operations
.
22
Alcohol, denatured and ethyl
24
Alcoholic beverages
2, 6,8,27
Aluminum
33
Animal fats, greases
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, 9,11,12,13,14,18, 21
Balance of payments. _.
20
Banking
15,16
Barley
28
Barrels and drums..
_
32
Battery shipments._ _
34
Beef and veal
_.
29
Beverages, alcoholic....
... 2, 6, 8, 27
Bituminous coal...
2, 11, 13, 14, 15,34,35
Boilers-.-33,34
Bonds, issues, prices, sales, yields
19
Book publication...
„
„__
37
Brpss
_.__.
33
Brick
.-_--_
38
Brokers' loana
16,19
Building construction (see Construction).
Building contracts awarded
6
Building costs
7
Building materials
7,8,9
Business, orders, sales, inventories
3,4
Businesses operating and business turn-over __
4
Butter
.
„--27
Candy
.
29
Cans, metal
__.
33
Capital
flotations...
18,19
Carloadings
.
22,23
Cattle and calves
.
29
Cement and concrete products
2,6,38
Cereal and bakery products, price
5
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
Civil-service employees
12
Clay products (see also Stone, clay, etc.)
2.38
Clothing ...
-- 5,8,9,11,12,14,15,38
Coal
--- 2,5,11,13,14,15,34,35
Cocoa
29
Coffee
--- 22,29
Coke
--- 2,35
Commercial and industrial failures
4
Construction:
Contracts awarded
6
Costs
.
7
Dwelling units started
7
Employment, wage rates, earnings, hours.. 11,
12,13,14,15
Highway__
6,12
New construction, dollar value
6
Consumer credit
16
Consumer expenditures
1,8
Consumers' price index
5
Copper
21,33
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
Debits, bank
Debt, short-term, consumer
Debt. United States Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
Dividend payments and rates
Drug-store sales
Dwelling units started
- 2,5, 14,27
15
16
__
17
9, 10, 16
15,16,18
13
... 27
, 1,18, 20
8,9
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, 7,34
Employment estimates,..
10,11,12
Employment indexes
. 12
Employment security operations
13
Emigration and immigration
23
Engineering construction
6
Expenditures, United States Government
16
Explosives __
__
25
Exports (see also individual commodities)
21
Express operations
22
Factory employment, payrolls, hours, wages _„_ 11,
12,13,14,15
Failures, industrial and commercial
4
Farm income and marketin gs
2
Farm products, and farm prices.
2,5
Farm wages
.
15
Fats and oils
5,25,26
Federal Government,
finance
16,17
Federal Reserve banks, condition of
15,16
Federal Reserve reporting member banks_„__ 15,16
Fertilizers
_ 5, 24
Fiber products.
34
Firefor
losses
7
Digitized
FRASER
Pages marked S
Fish oils and
fish
.
25,29
Flaxseed
25
Flooring
31,32
Flour, wheat
28
Food products
2,
3,4, 5, 7, 8, 9, 11, 12, 14, 27, 28, 29, 30
Footwear
2, 5,8,9, 12, 14,15,31
Foreclosures, real estate
7
Foreign trade, indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
21,22
Foundry equipment
34
Freight carloadings, cars, indexes
22, 23
Freight cars (equipment)
40
Freight-car surplus and shortage
23
Fruits and vegetables
2,5,21,27
Fuel oil
_
35
Fuels.
2,5,35
Furs
22
Furnaces
34
Furniture_.._
2,5,8,9,11,12,13,14
5,26
Gas, customers, prices, sales, revenues
36
Gasoline
Glass and glassware (see also Stone, clay, etc.). 2,38
34
Generators and motors...
24
Glycerin
18
Gold
Grains
.-- 5, 19, 21,28
1
Gross national product
6,38
Gypsum and products
Heating and ventilating equipment
6, 33,34
Hides and skins
___.
5, 22,30
._ 6,7
Hi ghways
29
Hogs
.
Home Loan banks, loans outstanding
_
7
7
Home mortgages
38
Hosiery
_ _ _.
Hotels
11,13,14, 15,23
Hours of work per week
.
12,13
Housefurnishings_
5,8,9
Housing
5, 6, 7, 8
Immigration and emigration
.
23
Imports (see also individual commodities)
21, 22
Income, personal
1
Income-tax receipts
16
Incorporations, business, new
4
Industrial production indexes
2,3
Instalment loans
_ _ _,
16
Instalment sales, department stores
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
3,9,10
Iron and steel, crude and manufactures
2,
6,14,21,32,33
Jewelry stores, sales, inventories
8, 9
35
Kerosene
.
Labor disputes, turn-over.
13
10
Labor force
29
Lamb and mutton
Lard
29
33
Lead.
Leather and products
2, 3, 4, 5, 12, 14, 30, 31
Linseed oil,
25
Livestock
.
„. 2,5,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
7, 15, 16, 17, 19
Locomotives
40
Looms, woolen, activity
39
Lubricants
35
Lumber
2, 5, 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
10
Manufacturers' sales, inventories, orders
3,4
Manufacturing production indexes
2,3
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
2, 3, 13, 14, 15
Money supply
_
18
Mortgage loans
7, 15, 16
Motor fuel
36
Motor vehicles
_.
3, 5, 8, 9, 40
Motors, electrical
34
National income and product
„
1
Newspaper advertising
8
Newsprint
22,37
New York Stock Exchange...
19,20
Oats
„ ....
28
Oil burners
_
__
34
Oils and fats
„
5,25,26
Oleomargarine
26
Operating businesses and business turn-over. _
4
Orders, new and unfilled, manufacturers'
4
Paint and paint materials
5,26
Paper and p u l p _ _ _ _
2,3,6,11, 12, 14,36,37
Paper products
2, 3, 4, 36, 37
Passports issued
23
Payrolls, indexes
12
Personal consumption expenditures
8
Personal income
1
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
Pages marked S
Plastics and resin materials, synthetic
.
26
Plywood
„__„
31
Population
10
Pork..
_._
29
Postal business-.
8
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
_ 2,3,4,11,12,15,37
Profits, corporation
lf 18
Public utilities
1, 5, 11, 13, 14, 15,17,18,19, 20
Pullman Company
23
Pulpwood
36
Pumps
.
34
Purchasing power of the dollar
.
6
Radio advertising, production
7,34
Railways, operations, equipment, financial statistics, employment, wages
1,
11,12,13,14,15,17,18,19, 20,22,23,40
Railways, street (see Street railways, etc.).
Rayon and rayon manufactures
2, 6, 39
Real estate
_
.
7
Receipts, United States Government
. 16
Reconstruction Finance Corporation, loans
17
Refri gerators
34
Rents (housing), index
5
Retail trade, all retail stores, chain stores (11
stores and over only), department stores,
general merchandise
_
3,4,8,9,10
Rice
28
Roofing and siding, asphalt-.._,
36
Rosin and turpentine
24
Rubber, natural, synthetic, and reclaimed,
tires and tubes
22,37
Rubber industry, production index, sales, inventories, employment, payrolls, hours,
earnings
.
2,3,4,12,14,15
Rural sales
10
Rye
__
28
Saving, personal
1
Savings deposits
16
Securities issued
18.19
Service industries
8, 11
Sewer pipe, clay
38
Sheep and lambs
29
Shipbuilding
11,12,13, 14
Shoes
2, 5, 8, 9,12,14,15, 31
Shortenings
26
Silk, imports, prices
6, 22,39
Silver
18
Skins
5,22,30
Slaughtering and meat packing
2,
11,12,14,29
Soybeans and soybean oil
25
Spindle activity, cotton, wool
39
Steel ingots and steel manufactures (tee also
Iron and steel)
32,33
Steel, scrap
..„_
32
Stocks, department stores (see also Manufacturers' inventories)
.
. 10
Stocks, dividends, issues, prices, sales, yields..
20
Stokers, mechanical
34
Stone, clay, and glass products
2,
3,11,12,13,14,38
Stoves.
34
Street railways and buses
___ 13,14,15,22
Sugar
22,30
Sulfur
25
Sulfuric acid
.
24
Superphosphate
24
Tea
30
Telephone, telegraph, cable, and radio-telegraph carriers
11,13,14,15,19, 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, 5,6,7,8, 11, 12,14,15,30
Tools, machine
34
Trade, retail and wholesale. 3, 4,8.9.10,11, 13,14,15
Transit lines, local
15, 22
Transportation, commodity and passenger
22, 23
Transportation equipment
2,3,4,11,12,13,14,40
Travel
23
Truck trailers
40
Trucks
40
Turpentine and rosin
. 24
Unemployment and unemployment compensation
10,13
United States Government bonds
17,18,19
United States Government,
finance
16,17
Utilities
1, 5, 11,13,14,15,17,18,19, 20
Vacuum cleaners
34
Variety stores
9
Vegetable oils
25,26
Vegetables and fruits
2,5,21,27
Vessels cleared in foreign trade
23
Veterans' unemployment allowances
13
Wages, factory and miscellaneous..
13,14,15
Washers.
34
Water heaters
34
Wax
36
Wheat and wheat
flour
_. 19, 28
Wholesale price indexes
5,6
Wholesale trade
_.
10
Wood pulp
_
_.
36
Wool and wool manufactures
2, 6, 22,39, 40
33
Zinc.
(ffi - 6)i
^
^aAtc/
.JJaMV
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