relation of profits before and after taxes to sales ... · textile mill products apparel and...
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TABLE A—35.—Relation of profits before and after taxes to sales, private manufacturing corporations,by industry group, 1943-50
Industry group
All private manufacturing corporations-
Food _Tobacco manufacturersTextile mill productsApparel and finished textiles __ ._LuTTlbcr flTid wood products
Furniture and fixturesPaper and allied productsPrinting and publishing (except newspapers).Chemicals and allied productsProducts of petroleum and coal
Rubber productsLeather and leather productsStone, clay, and glass productsPrimary nonferrous metal industriesPrimary iron and steel industries.
Fabricated metal productsMachinery (except electrical and transporta-
tion) -Electrical machineryTransportation equipment (except motor
vehicles)Motor vehicles and parts
Instruments; photographic and optical goods;watches and clocks _. _ .
Miscellaneous manufacturing (including ord-nance) . -
All private manufacturing corporations.
Food . . - _ .Tobacco manufacturesTextile mill productsApparel and finished textilesLumber and wood products
Furniture and fixtures _Paper and allied productsPrinting and publishing (except newspapers).Chemicals and allied productsProducts of petroleum and coal __
Rubber products _ _ _ _Leather and leather products „ _ _Stone, clay, and glass products .Primary nonferrous metal industriesPrimary iron and steel industries
Fabricated metal productsMachinery (except electrical and transporta-
tion)Electrical machineryTransportation equipment (except motor
vehicles)Motor vehicles and parts
Instruments; photographic and optical goods;watches and clocks.
Miscellaneous manufacturing (includingordnance)
Profits in cents per dollar of sales
1948total
1949
Total Thirdquarter
Fourthquarter
1950
Firstquarter
Secondquarter
Thirdquarter
Before Federal taxes
11.1
5.68.3
13.55.1
15.4
9.213.88.5
13.917.4
8.25.6
13.914.212.2
11.5
12.010.1
7.012.0
12.5
9.5
9.3
5.58.26.93.79.3
5.910.57.4
13.212.0
6.03.9
13.910.710.9
8.7
10.69.1
6.313.5
11.6
6.2
9.5
6.58.55.94.38.1
5.79.58.6
14.511.6
4.54.3
15.78.89.9
9.5
10.27.9
6.115.4
11.5
6.9
9.3
5.38.27.82.69.4
6.112.04.3
14.410.9
8.24.3
13.611.39.3
8.4
9.712.5
6.214.3
11.7
6.7
10.1
4.87.49.03.5
11.2
5.912.38.5
15.610.7
6.64.2
14.113.512.7
9.7
10.711.3
6.215.3
12.6
5.5
11.8
5.68.18.93.3
15.2
8.413.66.8
17.113.5
7.84.9
18.915.915.1
11.4
12.611.7
8.617.8
14.3
7.7
13.5
7.510.111.46.3
18.5
9.515.69.4
20.515.2
11.47.4
20.517.115.7
13.0
13.614.0
9.318.0
16.8
12.5
After Federal taxes
7.0
3.35.18.23.09.8
5.58.45.28.8
12.9
4.73.38.69.07.5
7.1
7.35.9
4.06.9
7.8
5.6
5.8
3.35.14.12.16.0
3.36.54.58.29.4
3.82.28.66.76.4
5.1
6.45.6
3.97.9
7.1
3.6
6.0
4.05.33.52.56.2
3.15.75.49.19.1
2.92.59.75.65.7
5.7
6.24.8
3.79.0
6.7
3.9
6.0
3.25.24.71.46.4
3.57.72.39.29.0
5.52.78.77.75.7
5.1
5.77.9
3.98.4
7.4
4.1
6.2
2.84.65.41.97.1
3.27.55.49.68.2
4.22.58.68.57.5
5.9
6.46.7
3.78.9
7.7
2.9
7.4
3.45.05.21.69.7
5.48.43.8
10.610.7
5.02.7
11.710.59.0
7.1
7.77.0
5.110.5
8.9
4.5
7.6
4.35.46.53.9
11.1
5.39.05.6
11.710.5
6.64.3
11.610.28.2
7.3
7.67.5
4.88.8
9.4
7.0
Sources: Federal Trade Commission and Securities and Exchange Commission.
205
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
January 1951
TABLE B-37.—Relation of profits before and after taxe$ to sales, private manufacturing corporations,by industry group, 1949-51
Industry group
All private manufacturing corporations.
FoodTobacco manufacturers _ _Textile mill productsApparel and finished textilesLumber and wood products
Furniture and fixtures _Paper and allied productsPrinting and publishing (except newspapers).Chemicals and allied productsProducts of petroleum and coal
Rubber'products _Leather and leather productsStone, clay, and glass productsPrimary nonferrous metal industriesPrimary iron and steel industries
Fabricated metal productsMachinery (except electrical and transporta-
tion)Electrical machineryTransportation equipment (except motor
vehicles)Motor vehicles and parts
Instruments; photographic and optical goods;watches and clocks . _
Miscellaneous manufacturing (includingordnance)
All private manufacturing corporations-
Food.Tobacco manufacturesTextile mill products - . .Apparel and finished textilesLumber and wood products
Furniture and fixturesPaper and allied products.. ..Printing and publishing (except newspapers).Chemicals and allied productsProducts of petroleum and coal
Rubber products _Leather and leather products . -Stone, clay, and glass productsPrimary nonferrous metal industriesPrimary iron and steel industries
Fabricated metal productsMachinery (except electrical and transporta-
tion)Electrical machinery _ . _.Transportation equipment (except motor
vehicles)Motor vehicles and parts _ _ . ..
Instruments; photographic and optical goods;watches and clocks
Miscellaneous manufacturing (includingordnance) . . „, ,^
Profits in cents per dollar of sales
1949total
1950
Total Firstquarter
Secondquarter
Thirdquarter
Fourthquarter
1951,first
quarter
Before Federal taxes
9.3
5.58.27.03.79.2
5.910.67.4
13.212.0
5.93.9
13.911.111.1
8.7
10.69.3
6.313.5
11.6
6.2
12.8
6.19.0
10.55.0
15.9
9.015.47.9
18.814.9
10.66.5
18.817.315.5
12.4
13.314.3
8.917.5
15.9
10.4
10.1
4.87.49.03.5
11.2
5.912.38.5
15.610.7
6.64.2
14.113.512.7
9.7
10.711.3
6.215.3
12.6
5.5
11.8
5.68.18.93.3
15.2
8.413.66.8
17.113.5
7.84.9
18.915.915.1
11.4
12.611.7
8.617.8
14.3
7.7
13.5
7.510.111.46.3
18.6
9.515.69.4
20.515.2
11.47.4
20.517.115.7
13.0
13.614.0
9.318.0
16.8
12.5
14.9
6.310.012.26.0
17.2
11.418.97.0
21.119.1
14.78.7
20.521.117.8
14.4
15.618.6
10.818.3
18.7
13.7
13.5
5.49.1
11.95.4
17.7
10.519.88.3
20.916.5
13.06.9
19.718.216.5
14.5
15.015.1
7.914.0
16.0
13.8
After Federal taxes
5.8
3.35.14.12.15.9
3.36.54.58.29.4
3.82.28.66.96.5
5.1
6.45.7
3.97.9
7.0
3.6
7.1
3.44.95.82.89.4
5.18.84.5
10.310.7
5.83.7
10.110.27.9
6.8
7.37.2
4.78.3
8.6
5.6
6.2
2.84.65.41.97.1
3.27.55.49.68.2
4.22.58.68.57.5
5.9
6.46.7
3.78.9
7.7
2.9
7.4
3.45.05.21.69.7
5.48.43.8
10.610.7
5.02.7
11.710.59.0
7.1
7.77.0
5.110.5
8.9
4.5
7.6
4.35.46.53.9
11.1
5.39.05.6
11.710.5
6.64.3
11.610.28.2
7.3
7.67.5
4.S8.8
9.4
7.0
6.9
3.04.46.13.19.2
6.09.73.59.2
13.0
6.64.78.3
11.16.9
6.7
7.37.5
5.05.3
8.4
7.0
6.1
2.64.35.72.89.1
4.98.33.98.8
10.2
5.73.38.59.06.4
6.7
6.65.9
3.75.2
6.9
6.6
Sources: Federal Trade Commission and Securities and Exchange Commission.
26l
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Midyear Report 1951
TABLE B—35.—Relation of profits before and after taxes to sales, private manufacturing corpora-tions, by industry group, 1947-49 average and 1950—51
Industry group
All private manufacturingcorporations _
Food __ _.Tobacco manufacturersTextile mill productsApparel and finished textilesLumber and wood products
Furniture and fixturesPaper and allied productsPrinting and publishing (except
newspapers)Chemicals and allied products _Products of petroleum and coal
Rubber productsLeather and leather productsStone, clay, and glass products _ _Primary nonferrous metal industries.Primary iron and steel industries
Fabricated metal products __ .Machinery (except electrical and
transportation) _ .Electrical machinery _Transportation equipment (except
motor vehicles)Motor vehicles and parts
Instruments; photographic and opti-cal goods; watches and clocks
Miscellaneous manufacturing (in-cluding ordnance) ..
All private manufacturingcorporations
FoodTobacco manufactures-.- ._Textile mill productsApparel and finished textiles . _Lumber and wood products
Furniture and fixturesPaper and allied products - - _ ..Printing and publishing (except
newspapers).-. _ _ _ - _ _ _ _Chemicals and allied productsProducts of petroleum and coal.
Rubber productsLeather and leather productsStone, clay, and glass productsPrimary nonferrous metal industries -Primary iron and steel industries
Fabricated metal products -Machinery (except electrical and
transportation)Electrical machineryTransportation equipment (except
motor vehicles)Motor vehicles and parts
Instruments; photographic and op-tical goods; watches and clocks
Miscellaneous manufacturing (in-cluding ordnance) _ _ _ - _ .
Profits in cents per dollar of sales
1947-49average
1950
Total Firstquarter
Secondquarter
Thirdquarter
1951
Firstquarter
Secondquarter
Thirdquarter
Before Federal taxes
10.5
6.17.8
11.65.6
14.4
8.414.0
8.613.814.7
7.75.7
13.713.411.5
10.8
6.59.9
5.512.2
12.2
8.9
12.8
6.19.0
10.55.0
15.9
9.015.4
7.918.814.9
10.66.5
18.817.315.5
12.4
13.314.3
8.917.5
15.9
10.4
10.1
4.87.49.03.5
11.2
5.912.3
8.515.610.7
6.64.2
14.113.512.7
9.7
10.711.3
6.215.3
12.6
5.5
11.8
5.68.18.93.3
15.2
8.413.6
6.817.113.5
7.84.9
18.915.915.1
11.4
12.611.7
8.617.8
14.3
7.7
13.5
7.510.111.46.3
18.5
9.515.6
9.420.515.2
11.47.4
20.517.115.7
13.0
13.614.0
9.318.0
16.8
12.5
13.5
5.49.1
11.95.4
17.7
10.519.8
8.320.916.5
13.06.9
19.718.216.5
14.5
15.015.1
7.914.0
16.0
13.8
12.9
4.98.3
10.23.2
16.1
9.419.6
9.918.617.0
12.25.9
20.119.316.6
13.1
14.512.2
8.213.8
15.6
11.3
11.5
4.98.96.13.1
11.5
8.916.8
9.618.016.8
10.05.7
18.614.916.2
11.6
13.111.1
6.712.4
14.8
8.7
After Federal taxes
6.5
3.64.86.93.39.2
4.98.6
5.28.6
11.1
4.33.38.48.36.9
6.6
3 96.0
3 27.0
7.5
5.2
7.1
3.44.95.82.89.4
5.18.8
4.510.310.7
5.83.7
10.110.27.9
6.8
7.37.2
4.78.3
8.6
5.6
6.2
2.84.65.41.97.1
3.27.5
5.49.68.2
4.22.58.68.57.5
5.9
6.46.7
3.78.9
7.7
2.9
7.4
3.45.05.21.69.7
5.48.4
3.810.610.7
5.02.7
11.710.59.0
7.1
7.77.0
5.110.5
8.9
4.5
7.6
4.35.46.53.9
11.1
5.39.0
5.611.710.5
6.64.3
11.610.28.2
7.3
7.67.5
4.88.8
9.4
7.0
6.1
2.64.35.72.89.1
4.98.3
3.98.8
10.2
5.73.38.59.06.4
6.7
6.65.9
3.75.2
6.9
6.6
5.8
2.54.14.71.38.2
3.87.9
5.07.9
11.0
4.72.48.58.76.4
5.6
6.25.0
3.7-5.4
6.4
4.9
4.7
2.33. 62.41.35.9
3.96.4
4.76.2
10.6
3.92.26.84.37.0
4.8
4.93.3
2.93.9
6.2
3.3
Source: Federal Trade Commission and Securities and Exchange Commission.
201
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
January 1952
TABLE B—35.—Relation of profits before and after taxes to sales, private manufacturing corpora-tions, by industry group, 1947-49 average and 1950—51
Industry group
All private manufacturingcorporations _
Food __ _.Tobacco manufacturersTextile mill productsApparel and finished textilesLumber and wood products
Furniture and fixturesPaper and allied productsPrinting and publishing (except
newspapers)Chemicals and allied products _Products of petroleum and coal
Rubber productsLeather and leather productsStone, clay, and glass products _ _Primary nonferrous metal industries.Primary iron and steel industries
Fabricated metal products __ .Machinery (except electrical and
transportation) _ .Electrical machinery _Transportation equipment (except
motor vehicles)Motor vehicles and parts
Instruments; photographic and opti-cal goods; watches and clocks
Miscellaneous manufacturing (in-cluding ordnance) ..
All private manufacturingcorporations
FoodTobacco manufactures-.- ._Textile mill productsApparel and finished textiles . _Lumber and wood products
Furniture and fixturesPaper and allied products - - _ ..Printing and publishing (except
newspapers).-. _ _ _ - _ _ _ _Chemicals and allied productsProducts of petroleum and coal.
Rubber productsLeather and leather productsStone, clay, and glass productsPrimary nonferrous metal industries -Primary iron and steel industries
Fabricated metal products -Machinery (except electrical and
transportation)Electrical machineryTransportation equipment (except
motor vehicles)Motor vehicles and parts
Instruments; photographic and op-tical goods; watches and clocks
Miscellaneous manufacturing (in-cluding ordnance) _ _ _ - _ .
Profits in cents per dollar of sales
1947-49average
1950
Total Firstquarter
Secondquarter
Thirdquarter
1951
Firstquarter
Secondquarter
Thirdquarter
Before Federal taxes
10.5
6.17.8
11.65.6
14.4
8.414.0
8.613.814.7
7.75.7
13.713.411.5
10.8
6.59.9
5.512.2
12.2
8.9
12.8
6.19.0
10.55.0
15.9
9.015.4
7.918.814.9
10.66.5
18.817.315.5
12.4
13.314.3
8.917.5
15.9
10.4
10.1
4.87.49.03.5
11.2
5.912.3
8.515.610.7
6.64.2
14.113.512.7
9.7
10.711.3
6.215.3
12.6
5.5
11.8
5.68.18.93.3
15.2
8.413.6
6.817.113.5
7.84.9
18.915.915.1
11.4
12.611.7
8.617.8
14.3
7.7
13.5
7.510.111.46.3
18.5
9.515.6
9.420.515.2
11.47.4
20.517.115.7
13.0
13.614.0
9.318.0
16.8
12.5
13.5
5.49.1
11.95.4
17.7
10.519.8
8.320.916.5
13.06.9
19.718.216.5
14.5
15.015.1
7.914.0
16.0
13.8
12.9
4.98.3
10.23.2
16.1
9.419.6
9.918.617.0
12.25.9
20.119.316.6
13.1
14.512.2
8.213.8
15.6
11.3
11.5
4.98.96.13.1
11.5
8.916.8
9.618.016.8
10.05.7
18.614.916.2
11.6
13.111.1
6.712.4
14.8
8.7
After Federal taxes
6.5
3.64.86.93.39.2
4.98.6
5.28.6
11.1
4.33.38.48.36.9
6.6
3 96.0
3 27.0
7.5
5.2
7.1
3.44.95.82.89.4
5.18.8
4.510.310.7
5.83.7
10.110.27.9
6.8
7.37.2
4.78.3
8.6
5.6
6.2
2.84.65.41.97.1
3.27.5
5.49.68.2
4.22.58.68.57.5
5.9
6.46.7
3.78.9
7.7
2.9
7.4
3.45.05.21.69.7
5.48.4
3.810.610.7
5.02.7
11.710.59.0
7.1
7.77.0
5.110.5
8.9
4.5
7.6
4.35.46.53.9
11.1
5.39.0
5.611.710.5
6.64.3
11.610.28.2
7.3
7.67.5
4.88.8
9.4
7.0
6.1
2.64.35.72.89.1
4.98.3
3.98.8
10.2
5.73.38.59.06.4
6.7
6.65.9
3.75.2
6.9
6.6
5.8
2.54.14.71.38.2
3.87.9
5.07.9
11.0
4.72.48.58.76.4
5.6
6.25.0
3.7-5.4
6.4
4.9
4.7
2.33. 62.41.35.9
3.96.4
4.76.2
10.6
3.92.26.84.37.0
4.8
4.93.3
2.93.9
6.2
3.3
Source: Federal Trade Commission and Securities and Exchange Commission.
201
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
January 1952
TABLE B-35.—Relation of profits before and after taxes to sales, private manufacturing corpora-tions, by industry group, 1947-49 average and 1950—51
Industry group
All private manufacturing corporations_
FoodTobacco manufacturesTextile-mill productsApparel and finished textiles .Lumber and wood products
Furniture and fixturesPaper and allied productsPa.per and allied productsPrinting and publishing (except newspapers) _Chemicals and allied products _Petroleum refining
Products of petroleum and coal (except petro-leum refining)
Rubber products _ _Leather and leather productsStone, clay, and glass productsPrimary nonferrous metal industries. .
Primary iron and steel industries .. ..Fabricated metal products ..Machinery (except electrical)Electrical machineryTransportation equipment (except motor
vehicles)
Motor vehicles and partsInstruments; photographic and optical goods;
watches and clocks _Miscellaneous manufacturing (including
ordnance) .
All private manufacturing corporations .
FoodTobacco manufacturesTextile-mill productsApparel and finished textilesLumber and wood products _ ._.
Furniture and fixturesPaper and allied productsPrinting and publishing (except newspapers).Chemicals arid allied productsPetroleum refining
Products of petroleum and coal (except petro-leum refining). _ . _._
Rubber productsLeather and leather productsStone, clay, and glass productsPrimary nonferrous metal industries
Primary iron and steel industriesFabricated metal productsMachinery (except electrical)Electrical machinery _. .Transportation equipment (except motor
vehicles).. _
Motor vehicles and partsInstruments; photographic and optical goods;
watches and clocksMiscellaneous manufacturing (including
ordnance)--
Profits in cents per dollar of sales
1947-49average 1950
1951
Total Firstquarter
Secondquarter
Thirdquarter
Fourthquarter
Before Federal taxes
10.5
6.17.8
11.65.6
14.4
8.414.0
8.613.8
114.7
(?.75.7
13.713.4
11.510.86.59.9
5.5
12.2
12.2
8.9
12.8
6.19.0
10.55.0
15.9
9.015.4
7.918.8
114.9
(2)10.66.5
18.817.3
15.512.413.314.3
8.9
17.5
15.9
10.4
12.2
4.98.88.33.3
13.9
8.717.7
9.018.116.9
11.211.64.7
18.217.5
15.912.614,113.2
7.8
13.5
15.0
10.9
13.5
5.49.1
11.95.4
17.7
10.519.8
8.320.916.7
11.313.06.9
19.718.2
16.514.515.015.1
7.9
14.0
16.0
13.8
12.8
4.98.3
10.23.2
16.1
9.419.6
9.917.517.3
13.012.25.9
20.119.3
16.613.114.512.2
8.2
13.8
15.6
11.3
11.5
4.98.96.03.0
11.5
8.916.8
9.618.017.2
10.610.05.7
18.616.2
14.911.613.111.1
6.7
12.4
14.8
8.6
11.0
4.39.04.41.79.8
5.914.2
8.115.916.4
9.911.1
.314.216.3
15.510.913.614.1
8.0
13.5
13.7
9.3
After Federal taxes
6.5
3.64.86.93.39.2
4.98.65.28.6
Ul.l
(»)4.33.38.48.3
6.96.63.96.0
3.2
7.0
7.5
5.2
7.1
3.44.95.82.89.4
5.18.84.5
10.3110.7
(«)5.83.7
10.110.2
7.96.87.37.2
4.7
8.3
8.6
5.6
5.4
2.33.93.81.47.3
3.67.04.17.2
11.2
4.74.61.87.58.3
5.75.35.65.0
3.3
4.8
5.9
4.9
6.1
2.64.35.72.89.1
4.98.33.98.8
10.5
5.05.73.38.59.0
6.46.76.65.9
3.7
5.2
6.9
6.6
5.8
2.54.14.71.38.2
3.87.95.07.4
11.4
5.34.72.48.58.7
6.45.66.25.0
3.7
5.4
6.4
4.9
4.7
2.33.62.41.35.9
3.96.44.76.2
11.0
4.23.92.26.87.0
4.34.84.83.3
2.9
3.8
5.2
3.3
4.8
1.93.62.0.5
5.9
1.75.12.86.4
11.8
4.44.0-.76.28.5
5.74.34.75.5
3.1
4.7
5.2
4.5
1 Petroleum refining and products of petroleum and coal combined.2 Not available.Sources: Federal Trade Commission and Securities and Exchange Commission.
209722—52 13 I 75
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Midyear Report 1952
TABLE B-35.—Relation of profits before and after taxes to sales, private manufacturing corpora-tions, by industry group, 1947-49 average and 1950—51
Industry group
All private manufacturing corporations_
FoodTobacco manufacturesTextile-mill productsApparel and finished textiles .Lumber and wood products
Furniture and fixturesPaper and allied productsPa.per and allied productsPrinting and publishing (except newspapers) _Chemicals and allied products _Petroleum refining
Products of petroleum and coal (except petro-leum refining)
Rubber products _ _Leather and leather productsStone, clay, and glass productsPrimary nonferrous metal industries. .
Primary iron and steel industries .. ..Fabricated metal products ..Machinery (except electrical)Electrical machineryTransportation equipment (except motor
vehicles)
Motor vehicles and partsInstruments; photographic and optical goods;
watches and clocks _Miscellaneous manufacturing (including
ordnance) .
All private manufacturing corporations .
FoodTobacco manufacturesTextile-mill productsApparel and finished textilesLumber and wood products _ ._.
Furniture and fixturesPaper and allied productsPrinting and publishing (except newspapers).Chemicals arid allied productsPetroleum refining
Products of petroleum and coal (except petro-leum refining). _ . _._
Rubber productsLeather and leather productsStone, clay, and glass productsPrimary nonferrous metal industries
Primary iron and steel industriesFabricated metal productsMachinery (except electrical)Electrical machinery _. .Transportation equipment (except motor
vehicles).. _
Motor vehicles and partsInstruments; photographic and optical goods;
watches and clocksMiscellaneous manufacturing (including
ordnance)--
Profits in cents per dollar of sales
1947-49average 1950
1951
Total Firstquarter
Secondquarter
Thirdquarter
Fourthquarter
Before Federal taxes
10.5
6.17.8
11.65.6
14.4
8.414.0
8.613.8
114.7
(?.75.7
13.713.4
11.510.86.59.9
5.5
12.2
12.2
8.9
12.8
6.19.0
10.55.0
15.9
9.015.4
7.918.8
114.9
(2)10.66.5
18.817.3
15.512.413.314.3
8.9
17.5
15.9
10.4
12.2
4.98.88.33.3
13.9
8.717.7
9.018.116.9
11.211.64.7
18.217.5
15.912.614,113.2
7.8
13.5
15.0
10.9
13.5
5.49.1
11.95.4
17.7
10.519.8
8.320.916.7
11.313.06.9
19.718.2
16.514.515.015.1
7.9
14.0
16.0
13.8
12.8
4.98.3
10.23.2
16.1
9.419.6
9.917.517.3
13.012.25.9
20.119.3
16.613.114.512.2
8.2
13.8
15.6
11.3
11.5
4.98.96.03.0
11.5
8.916.8
9.618.017.2
10.610.05.7
18.616.2
14.911.613.111.1
6.7
12.4
14.8
8.6
11.0
4.39.04.41.79.8
5.914.2
8.115.916.4
9.911.1
.314.216.3
15.510.913.614.1
8.0
13.5
13.7
9.3
After Federal taxes
6.5
3.64.86.93.39.2
4.98.65.28.6
Ul.l
(»)4.33.38.48.3
6.96.63.96.0
3.2
7.0
7.5
5.2
7.1
3.44.95.82.89.4
5.18.84.5
10.3110.7
(«)5.83.7
10.110.2
7.96.87.37.2
4.7
8.3
8.6
5.6
5.4
2.33.93.81.47.3
3.67.04.17.2
11.2
4.74.61.87.58.3
5.75.35.65.0
3.3
4.8
5.9
4.9
6.1
2.64.35.72.89.1
4.98.33.98.8
10.5
5.05.73.38.59.0
6.46.76.65.9
3.7
5.2
6.9
6.6
5.8
2.54.14.71.38.2
3.87.95.07.4
11.4
5.34.72.48.58.7
6.45.66.25.0
3.7
5.4
6.4
4.9
4.7
2.33.62.41.35.9
3.96.44.76.2
11.0
4.23.92.26.87.0
4.34.84.83.3
2.9
3.8
5.2
3.3
4.8
1.93.62.0.5
5.9
1.75.12.86.4
11.8
4.44.0-.76.28.5
5.74.34.75.5
3.1
4.7
5.2
4.5
1 Petroleum refining and products of petroleum and coal combined.2 Not available.Sources: Federal Trade Commission and Securities and Exchange Commission.
209722—52 13 I 75
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Midyear Report 1952
TABLE B-37.—Relation of profits before and after taxes to sales•, private manufacturing corporations,by industry group, 1947-50 average and 1951-52
Industry group
All private manufacturing cor-porations --
FoodTobacco manufactures - -Textile-mill productsApparel and finished textilesLumber and wood products _ .Furniture and fixturesPaper and allied productsPrinting and publishing (except news-
papers)Chemicals and allied productsPetroleum and refiningProducts of petroleum and coal (except
petroleum refining) _ _Rubber productsLeather and leather productsStone, clay, and glass products _ _.Primary nonferrous metal industries...Primary iron and steel industriesFabricated metal productsMachinery (except electrical)Electrical machinery _ _ _ _ _ _ _ _Transportation equipment (except
Motor vehicles and partsInstruments; photographic and optical
goods; watches and clocksMiscellaneous manufacturing (includ-
ing ordnance)
All private manufacturing cor-porations
FoodTobacco manufactures -_ _.Textile-mill products . __ _Apparel and finished textilesLumber and wood products _ _ _ _Furniture and fixturesPaper and allied products _ _Printing and publishing (except news-
papers)Chemicals and allied productsPetroleum and refining- _ _ _ _Products of petroleum and coal (except
petroleum refining) _Rubber productsLeather and leather productsStone, clay, and glass productsPrimary nonferrous metal industries. .Primary iron and steel industriesFabricated metal productsMachinery (except electrical)Electrical machineryTransportation equipment (except
motor vehicles) _Motor vehicles and partsInstruments; photographic and optical
goods; watches and clocks _ _ -_Miscellaneous manufacturing (includ-
ing ordnance)
Profits in cents per dollar of sales
947-50verage
1951
Year Firstquarter
Secondquarter
Thirdquarter
1952
Firstquarter
Secondquarter
Thirdquarter
Before Federal taxes
11.16.18.1
11.35.4
14.88.6
14.4
8.515.2
'14.8
8.65.9
15.214.512.711.312.111.3
6.413.9
13.4
9.3
11.24.38.78.62.1
10.87.7
16.8
7.816.516.8
10.911.63.2
17.416.416.011.713.813.9
7.513.2
14.7
8.4
12.44.88.9
12.33.5
13.89.3
18.8
7.319.016.6
11.113.04.6
18.717.016.613.514.815.2
7.613.7
15.8
10.6
11.74.48.2
10.52.0
12.68.3
18.6
8.615.917.2
12.612.24.0
19.218.016.712.214.212.3
7.913.5
15.3
8.6
10.54.48.85.61.89.77.1
15.9
8.016.017.1
10.79.84.0
17.715.115.410.812.811.8
12.2
14.5
7.0
9.93.67.24.91.77.36.3
15.1
8.015.115.1
7.39.72.7
13.215.513.29.5
13.312.6
13.0
12.7
6.2
9.24.17.54.32.28.16.0
12.9
7.913.712.7
9.29.63.8
15.713.34.89.1
13.211.5
14.8
12.7
6.2
8.95.08.24.82.68.46.0
12.9
7.414.213.4
10.09.15.3
16.210.87.68.5
10.810.6
10.4
12.6
6.8
After Federal taxes
6.73.64.86.63.19.25.08.6
5.09.1
Ul.O
4.83.48.98.87.26.67.16.3
3.47.4
7.9
5.3
4.82.03.83.4.6
5.53.46.6
3.76.5
11.1
5.04.5.6
7.17.85.85.05.55.0
3.24.7
6.1
3.7
5.62.24.25.11.36.84.77.8
3.57.9
10.4
5.35.61.18.18.46.56.26.55.7
3.55.1
7.1
4.9
5.22.14.04.2.5
6.13.67.5
4.56.6
11.3
5.74.6.8
8.18.16.55.26.14.8
3.65.3
6.6
3.6
4.22.03.51.6.4
4.93.16.1
3.75.2
11.0
4.53.81.36.86.64.54.44.83.5
2.83.8
5.1
3.0
4.21.53.01.8.4
4.22.36.0
4.06.2
10.0
2.83.2.8
5.07.34.94.15.14.6
2.94.5
4.8
2.6
4.21.93.01.5.8
4.32.75.4
3.86.0
10.2
3.63.51.87.26.83.54.35.13.9
2.84.9
4.8
2.6
4.32.33.42.11.14.62.75.7
3.56.19.6
5.43.72.57.45.73.94.14.64.1
2.84.6
4.8
2.9
1 Petroleum refining and products of petroleum and coal combined.2 Not available separately for this period.NOTE.—These series are based on a new sample, beginning with the third quarter of 1951. To provide
continuity, the first and second quarters of 1951 have been adjusted to the new basis. However, the 1947-50averages have not been adjusted and therefore are not strictly comparable with the 1951 and 1952 data.For explanatory notes concerning compilation of the series, see&uarterly Financial Reports for United StatesManufacturing Corporations by Federal Trade Commission and Securities and Exchange Commission.
Sources: Federal Trade Commission and Securities and Exchange Commission.
203
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1953