TEXAS BUSINESS REVIEW A Monthly Summary of the Business and the Economic Conditions in Texas B U R EA U 0 F B U S I N E S S R E S E A R CH : T H E U N IV ER S I T Y 0 F TE X A S CHANGE IN POPULATION SIZE AND CHANGE IN TIIE NUMBER OF COMMUNITY ORGANIZATIONS by Oscar E. Millican / THE BUSINESS SITUATION IN TEXAS by Francis B. May / LOCAL BUSINESS CONDITIONS VOL. XXXVII, NO. 7 $3.00 A YEAR JULY 1963 TEXAS BUSINESS REVIEW VOL. XXXVII, NO. 6 JUNE 1963 Editor: Stanley A. Arbingast I Associate Editor: Francis B. May/ Managing Editor: James J. Kelly Editorial Board: Stanley A. Arbingast, Chairman, John R. Stockton, Francis B. May, Robert H. Ryan, James J. Kelly CONTENTS 149: THE BUSINESS SITUATION IN TEXAS by Francis B. May 152: CHANGE IN POPULATION SIZE AND CHANGE IN THE NUMBER OF COMMUNITY ORGANIZATIONS by Oscar E. Millican 161: MAY RETAIL TRADE IN TEXAS by Robert M. Lockwood 163: BUILDING CONSTRUCTION IN TEXAS IN MAY by James J. Kelly 165: LOCAL BUSINESS CONDITIONS BUSINESS RESEARCH COUNCIL John Arch White, Dean of the College of Business Admin­istration (ex officio); John R. Stockton; Jim G. Ashburne, Jessamon Dawe, Stephen L. McDonald, E. W. Mumma, David C. Townsend, and W. T. Tucker. COOPERATING FACULTY Charles T. Clark: Associate Professor of Business Sta­ tistics Robert H. Ryan: Special Instructor in Business Commu­nications L. L. Schkade: Assistant Professor of Business Statistics The Bureau of Business Research is a member of the Associated University Bureaus of Business and Economic Research BUREAU OF BUSINESS RESEARCH Director: John R. Stockton Associate Director and Resources Specialist: Stanley A. Arbingast Assistant to the Director: Florence Escott Statistician: Francis B. May Administrative Assistant: Juanita Hammons Research Associate: Charles 0. Bettinger, Robert R. Budd, Marie Fletcher, James J. Kelly, Ida M. Lambeth, Robert M. Lockwood, Margaret Paulissen, Elizabeth R. Turpin Research Assistant: Stanley Ault, Rick P. Fisher, Sneed Lary, Bobby Lloyd, Gary Patterson, Theodore ten Broeke Administrative Secretary: Margaret F. Smith Senior Secretary: Elsa Acker Senior Clerk Typist: Linda Beard, Claire Howard, Elnora Mixson, Janet Redding Cartographer: Jo Ann Turk, Ellen Wray Library Assistant: Merle Danz Statistical Technician: Eva A. Arias Statistical Assistant: Mildred Anderson, Carol Laws, Sara Rodriguez Clerical Assistant: Robert Jenkins, Diana Rausch Offset Press Operator: Robert Dorsett, Daniel P. Rosas Published monthly by the Bureau of Business Research, College of Business Administration, The University of Texna, Au•tln 12. Secon~-claso postage paid at Austin, Texas. Content of this publication is not copyrighted and may be reproduced freely. Acknowledgment of source will be appreciated. Subscription, $3.00 a year; individual copies, 26 cents. BUSINESS ACTIVITY IN TEXAS IMPROVED SUBSTANTIALLY in May. This was the second month of marked advance. After rising to a new high value of 139.2% of the 1957­59 average, the seasonally adjusted index of Texas busi­ness activity rose again in May to an all-time high of 142.G% . It was carried to this level by advances in nearly all of the barometers of Texas business. The May high was 2'/,, ahove April and 4% above May 1962. This is an encouraging show of strength in the state's economy. Miscellaneous freight carloadings rose 1% in May after allowance for seasonal factors. The index was 1% above l\1ay 1!.JG2. This index has been below the 1957-59 average value since May 1960. Since reaching a low of 71.4% in December of last year, it has advanced every month. The rail carriers are making vigorous efforts to increase their share of the transportation market. Nationally, total cars of revenue freight loaded in l\fay exceeded the corresponding month of 1962 and 1961. Seasonally adjusted production of crude petroleum in the state rose 5% in May above the preceding month. At 96.9% of the 1957-59 average, the index was 4% above May 1962. This index is based on total production for the month, not average daily production. The May rnlue of the index was the highest since the February 19GO level of 100.5. After dropping to 88.2% in January, the index has risen steadily to its present value. Since the Rail­road Commission has set allowables for June and July at 28% and 28.5% , respectively, results for those months should be favorable. An increasing trend in the state's oil output is badly needed. The livelihood of 113,100 persons engaged in oil and gas production depends on Texas maintaining its share of the domestic market for petroleum. Average daily production per well in the first quarter of the year was only 12.5 barrels. Total production of oil in Texas for the January-April period amounted to 311.3 million banels, down 1.1% from the first four months of 1962. Total United State:; production for the first third of this year was 894.3 mil­lion banels, up 0.8% from the like 1962 period. These data are from the June issue of World Oil. Louisiana prncluction for the first four months amounted to 168.0 200 150 100 50 TEXAS BUSINESS ACTIVITY Index-Adjusted for seasonaJ variation-1957-1959=100 J\A.-i ~ y ~' ,,_,.r ~ rvY'--- '\/""' y .-.A/\/' ~ ~ & & ­ - ~­ I~ 1951 '52 '53 '54 200 150 100 50 0 0 '59 million barrels, up 6.8% over the like 1962 period ..~otal domestic production increased 7,116,000 bar~e~s. Lo~1s1ana production rose 10,687,000 barrels. The Loms~ana _rise ex­ceeded the national increase because of declmes m some states. Seasonally adjusted crude runs to stills dropped 3% in May. At 106.5% of the 1957-59 average, the index was 5% below May 1962. During each month of the January­April period, crude runs exceeded the like 1962 month. May is the first month of the year to fall below the com­parable 1962 figure. Demand for home heating oils reaches a seasonal low point in May that lasts through the warm months. Gasoline demand moves up toward its summer peak. By the end of May national inventories of refined products were only slightly above t~e year ag? level. Prices of gasoline at retail weakened m May. This could be a factor in reduced runs to stills in the state. Weak prices usually mean that inventories are in excess of demand. SELECTED BAROMETERS OF TEXAS BUSINES (1957-59= 100) Percent change May 1963 May 1963 May Apr May from from Index 1963 J 963 1962 Apr 1963 May 1962 Texas business activity... . ..142.6 139.2 137.1 + 2 + 4 Miscellaneous freight carload­ ings in S.W. district.. 79.7 79.8 79.0 + 1 + Crude petroleum production. . 96.9* 92.2r 93.0 + 5 + 4 Crude oil runs to stills.. . ..106.5 110.1 111.9 -3 5 Total electric power consumption .148.2* 147.7 182.5r •• + 12 Industrial power consumption . .135.0* 187.6 125.2r -2 + 8 Bank debits . . . .142.7 188.9 137.4 + 8 + 4 Ordinary lite insurance sales. . .148.7 129.6 121.4 + 11 + 18 Total retail sales ..........114.2* 118.2r 113.lr + 1 + 1 Durable-goods sales .122.4* 117.3r 117.7r + 4 + 4 Nondurable-goods sales ..109.9* 111.0r 111.0r -1 1 Urban building permits issued. . .136.7 128.9 129.3 + 10 + 6 Residential ....... . ..183.8 116. 7 119.6 + 14 + 11 Nonresidential . . . ..144.9 182.1 141.1 + 10 + 8 Total industrial production....... 11s• 115 118 + 3 + 4 Averngc weekly earnings­ mnnufacturing ....... .. .. . .. 114.1 * 118.lr 112.4 + 1 + 2 Average weekly hours-­manufacturing .102.2* 101.5r 102.0 + •• Adjusted for seasonal variation. l,'IPreliminary. rRevised **Change is less than one-half of lo/o. On January 1 of this year, Texas had 58 of the 306 refineries in the country. Of the 285 refineries in opera­tion, 53 were in the state. Texas had 27% of total United States refining capacity. Of the 260,865 barrels per day of capacity under construction, 35,800 barrels, or 13.7% were being added to the Texas total. Mississippi had 143,135 barrels a day capacity being added to its rela­tively small refining industry. These data combine both crnde oil and cracked and reformed gasoline capacity. They are from the Bureau of Mines monthly petroleum statement for March 1963. . Seasonally adjusted total consumption of electric power m May rose a small fraction of a percentage point from its April value. At 148.2% of the 1957-59 average monthly consumption, the index was 12% above May of last year. The current 148.2% level of this index is an all-time high. The continued rapid growth of the electric utilities industry has been one of the outstanding characteristics of our economy. Since the turn of the century, consump­tion of electric power has doubled approximately every decade. Few industries can match this growth record. In­creased power consumption is assured by continued popu­lation growth and continued increase in the use of ma­chines, instruments, and space heaters that use electric power. Electric utilities are making an energetic effort to expand their portion of the market for space heat, which is largely supplied by fuel oil, natural gas, natural gas liquids, and coal. Industrial electric power consumption declined 2% in May after seasonal factors are taken into account. At 135.0% of the 1957-59 average monthly value, the May index was 8% above its comparable 1962 level. In April this index reached an all-time high of 137.6%. The May value is second highest in the history of the index. Ordinary life insurance sales rose 11% in May after seasonal factors are taken into account. They were 18% above May of last year. At 143.7% of average monthly sales in the 1957-59 base period, the index was at a his­toric high. It is the third barometer to reach an all-time peak this month. Seasonally adjusted retail sales rose 1% in May. At 114.2% of the 1957-59 base value the index was 1 % above its comparable 1962 value. Increases in durable goods sales offset declines in consumer nondurables. Population growth and increased incomes mean higher retail sales. The April issue of the Survey of Current Business shows Department of Commerce preliminary estimates of per­sonal income for individual states. Texas per capita in­come in 1962 was up 2% to $2,030. If personal income per capita in the state had risen as much as the 4% increase for the entire country, retail sales would have increased even more for that year. For some time now Texas income per capita has shown a lagging tendency when compared to the national rate of increase. The Bureau of Business Research prepares a seasonally adjusted index of newspaper advertising linage in the state. This index is not shown in the table of barometers of Texas business because information necessary to com­ pute it is not always available in time to meet the publica­ tion schedule. May data came in early enough for the index to be included in this discussion. At 109.4% of 1957-59 the index was 7.9% above April. It was 2.3% above May 1962. It was a fraction of a point below the historic high of 109.5 reached in January of this year. High advertising linage usually accompanies high retail sales. Seasonally adjusted building permits issued in May rose 10% to 136.7% of the 1957-59 average. At this level the index was 6% above May 1962. Increases in permits for residences as well as for nonresidential structures pushed the index upward. Construction of apartments in the state continues at high levels. For the first five months of the year total permits amounted to $694.5 million, up 7% over the comparable 1962 period. Of this total, $75.2 million represented per­ mits for additions, alterations, and repairs. Additions and repairs for the first five months were 19% above the first five months of 1962. Nationally, housing starts rose in May for the fourth consecutive month, taking seasonal factors into account. The level of building permits for housing units rose from a seasonally adjusted annual rate of 1,200,000 in April to 1,346,000 in May, an increase of 12.2%. TEXAS BUSINESS REVIEW The seasonally adjusted index of industrial production compiled by the Dallas Federal Reserve Bank rose 3% in May to 118% of its 1957-59 base value. It was 4% above May of last year. Both the manufacturing and mineral production components of the index contributed to the rise. BUSINESS ACTIVITY INDEX (1957-59=100) Percent change City I May 1963 Apr 1963 May 1962 May 1963 from Apr 1963 May 1963 from May 1962 Abilene ...... . . . ..116.8 127.6 181.1 - 8 -11 Amarillo .122.4 182.4 124.5 - 8 - 2 Austin ···· · ·· · · · .176.7 146.2 167.5 + 21 + 5 Beaumont .129.3 127.9 117.9 + 1 + 10 Corpus Christi .. . .116.0 112.4 114.8 + 8 + 1 Corsicana .. . . . 122.3 114.6 111.9 + 7 + 9 Dallas . . . .154.0 159.4 147.8 8 + 4 El Paso ........ . . 130.7 Fort Worth .116.2 121.7 116.4 119.2 116.S + 7 •• + 10•• Galveston ..115.1 Houston ... .185.8 Laredo . . .138.7 Lubbock .. .. .. 144.1 Port Arthur ......104.7 San Angelo .....119.4 San Antonio . . .. . 143.0 111.6 140.8 136.0 139.3 97.1 108.9 142.4 118.2 188.8 124.S 188.6 104.5 115.7 124.6 + 8 4 + 2 + 8 + 8 + 10•• + 2 + 1 + 12 + 8 •• + 8 + 15 Texarkana . . . .....150.6 Tyler . ... . . . . . . .. . 127.7 Waco . . ......127.8 Wichita Falls . . . . . 118.0 168.4 127.7 126.7 118.0 131.6 117.8 119.8 111.5 - 8 •••••• + 14 + 9 + 6 + 6 Adjusted for seasonal variation. ••Change is less than one-half of 1%. Average weekly earnings in manufacturing rose 1% in May after seasonal factors are taken into account. The May value of the index was 114.1 % of 1957-59, up 2% over May of last year. Small increases in both hours worked and hourly average pay contributed to the month­to-month rise. The increase over May 1962 was due largely to an increase in average hourly earnings. Examination of the accompanying table of indexes of business activity in twenty Texas cities will give an idea of how various regions of the state are faring economically. These indexes are based upon bank debits adjusted for seasonal variation and price changes. They represent payments for goods and services adjusted for price variation. Price adjustment removes increases resulting from inflation, leaving changes in real value of goods and services. Ten of the cities showed month-to-month increases for May. Five showed no change, and five showed decreases. A year-to-year comparison reveals that sixteen cities' indexes increased over May 1962. Because the areas represented by the individual indexes are relatively small, there is a larger erratic variability superimposed on the basic pattern of fluctuation than one would find in an index for the state. A state index usually shows more of the same kind of effect than a national index. For this reason, extremely wide month­ly changes are not as significant as the trend or average change for three or four consecutive months. Insured unemployment in the state was 2.7% of av­erage covered employment during the month. These data are not adjusted for seasonal variation; hence, month-to­month comparisons are affected by seasonal influences. The figure was slightly above its May 1962 value of 2.6%. A comparison of Texas with neighboring states and the national average is shown below. Percentage of average covered employment State in May Arkansas 4.6 Louisiana 4.2 New Mexico 3.5 Oklahoma 4.3 Texas 2.7 United States 3.9 Business conditions in the state reflect the high level of national business activity. Improvements in indicators of economic progress in the country have been so encourag­ing as to move the Secretary of Commerce to predict good business for the remainder of this year and continuing into 1964. Texas will continue to share in this economic progress. TEXAS RETAIL LUMBER DEALERS Survey of Cost of Doing Business 1962 by Florence Escott The seventh annual survey of the cost of doing business among the retail lum­ber and building material dealers of the state of Texas was completed at the request of the Lumbermen's Association of Texas. The information contained in this report will be of value to the lumber dealers in the state. Through the use of the worksheet included at the end of the report each dealer will be able to compare his operating costs with the average operating costs of the sales group into which his firm ialls. Complete instructions for making the comparative fiinancial analysis are included in the report. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... $1.00 Order your copy from BUREAU OF BUSINESS RESEARCH CHANGE IN POPULATION SIZE AND CHANGE IN THE NUMBER OF COMMUNITY ORGANIZATIONS by Oscar E. Millican Research Associate, Population Research Center, The University of Texas SOCIAL SCIENTISTS AND BUSINESSMEN GENERALLY AGREE that there is a relationship between the total number of persons living in a community and certain character­istics of the community. For example, it is widely believed that a large population produces a greater volume of economic activity than a small population and that large cities are characterized by an organizational structure (i.e., number and type of economic and noneconomic or­ganizations) which is more complex than that of a small city. The direct relationship between population size and volume of goods and services is, in fact, acknowledged at every level of society. The head of a household, for example, requires no scientific research to convince him that a direct relationship exists between the size of his family and the amount of goods required for its support. On the other hand, there is considerable room for doubt as to the relationship between population size and the number and type of organizations in a com­munity. The businessman is likely to consider a large and growing population as an indication of economic prog­ress and a small or declining population as evidence of economic stagnation. Accordingly, he is apt to assume that opportunities for the development of new businesses will be found in large cities and that comparable oppor­tunities will be lacking in small or declining cities. Con­tinuing such a line of reasoning, he may also assume that the brger of two cities, because of its greater popu­lation, will support a greater number of business or­ganizations. Reasoning further, he may postulate that the number of organizations to be found in any com­ munity is directly proportional to the population of the place. He may expect, for example, that a city of 10 000 population will support twice as many organization~ as a city of 5,000 population. He may also find it reasonable to assume that an increase or decrease in population will be accompanied by a corresponding change in the num­her of organizations. The line of reasoning pursued by the businessman often finds support in theories advanced by social scientists, and such theories may be extended to include noneconomic organizations. What evidence is available to support these views? Can it be determined that population size is or is not directly related to the number of organizations? As shown in the following brief review of previous studies, there is very little systematic knowledge concerning the exact nature of the relationship. There is some evidence that population size is the principal determinant of organiza­tional structure, but other evidence suggests that popula­tion size is only one of many influential factors. Previous Studies During the late 1920's and early 1930's a number of studies were made of the characteristics of villages, towns, and cities in the United States. Although these studies were not primarily concerned with the relation­ship between population size and the number of com­munity organizations, some of their findings are relevant to a consideration of the relationship between organiza­tions and population size.1 R. D. McKenzie, in an extensive investigation of metro­politan growth,2 found that the number of organizations in a community is closely associated with the number of inhabitants, but he also observed that this relationship is probably conditioned to a large extent by the proximity of the community to larger communities.s For example, a small urban place that functions as a service or trade center for a large nonresident population may have a greater number of organizations than a larger city with a small trade area. Conversely, a city located near a metropolis may function primarily as a residential com­munity for commuters, and, as a consequence, it may have fewer organizations than an isolated city of a small­er size. Such observations clearly suggest that factors other than population size may influence the number of organizations. It is, therefore, not surprising to find cases in which the smaller of two cities has the greater number of organizations.4 A. H. Hawley, in a study published in 1941, acknowl­edged that population size may be an important determi­nant of the organizational structure, but he proceeded to demonstrate that characteristics of business organiza­tions are also associated with certain characteristics of the population, such as age, sex, race, nativity, occupa­tion, and income.5 He found, for example, that the num­ber of organizations tends to be greater in cities of high income than in cities of similar size but with a lower income.s The findings of his study also indicate that while the larger of two cities may have a greater num­ber of organizations, the number of organizations per 1,000 population tends to be greater in the smaller city.r Since Hawley's report a number of studies have been made of the economic functions and related character­istics of urban centers.8 Among other findings, these studies demonstrated that certain types of businesses are definitely associated with population size. For example, wholesaling activities were rarely found in small cities but were usually found in large cities. Small general merchandise stores, on the other hand, were found to be typical of small cities but were seldom found in large cities. Other types of businesses appeared in cities of all sizes but were present in greater number in the larger cities. All of the studies cited above lend support to the idea that population size and organizations are in some way related, but in no case have the results revealed the evistence of a relationship between the number of in­habitants and the number of organizations that holds for all communities. Further, no study known to this writer has specifically treated the relationship between changes in population size and changes in the number of organizations. Recognition of the need for further research on the relationship between population size and organizations, particularly the aspect of change, led to the present study of changes in population size and concomitant changes in the number of organizations in 30 of the 327 small urban places in Texas.9 The principal question to be con­sidered is whether or not increases or decreases in popu­lation size were accompanied by corresponding changes in the number of organizations in each of the 30 cities during the twenty-year period between 1940 and 1960. While the study will not presume to offer any definitiYe answers to questions concerning universal relationships, it is hoped that the results will contribute to a better understanding of the subject and also stimulate additional research of greater scope. Research on the problem takes on added significance in the case of Texas. Of the 327 small urban places, no less than 105 lost population between 1950 and 1960. This loss, which may continue, raises significant questions concerning the future of small places. For instance, how much and in what way are economic and noneconomic organizations influenced by a decline in number of resi­dents? Is the relationship between change in population and change in organizations approximately the same from one small urban place to the next? Answers to such questions are, needless to say, of particular importance to any speculation as to the impact of population loss on small places. Research Procedure Selection of the cities. The 30 cities included in this study (see Table 1) were selected so as to maximize Table 1 THE THIRTY SAMPLE CITIES AND THE VARIABLES CONSIDERED IN THE SELECTION OF THE CITIES Distance in 1960 City Population, 1960 Population, 1950 Population, 1940* Populationgrowth rate, 1950-60 (percent) Population growth rate, 1940-50 (percent) Population growth rate. 1940-60 (percent) highwaymiles to nearest urbanized area Population of nearest urbanized area Alpine ··········· 4,740 5,261 4,255 - 9.9 23.6 11.4 151 84,285 Angleton 7,312 3,399 l,743 115.1 95.0 319.5 44 1,139,678 Aspermont 1,286 l,062 1,028 21.1 3.3 25.1 61 91,566 Boerne ... 2,169 1,802 1,258 20.4 43.2 72.4 23 641,965 Borger ..... 20,911 18,059 9,911 15.8 82.2 111.0 51 137,969 Brackettville 1,662 1,858 2,626 -10.5 -29.2 -36.7 124 641,965 Burnet ........ 2,214 2,394 1,925 - 7.5 24.4 15.0 44 187,157 Cotulla 8,960 4,418 3,593 -10.4 23.0 10.2 66 60,678 Del Rio ...18,612 14,211 13,202 31.0 7.6 41.0 153 641,965 Denton ...... 26,844 21,372 16,693 25 .6 28.0 60.8 39 928,624 Eastland 3,292 S,626 3,809 - 9.2 - 4.8 -13.6 55 91,566 Grapevine 2,821 1,824 1,030 54.7 77.1 173.9 21 1,431,282•• Hillsboro 7,402 8,363 8,030 -11.5 4.1 - 7.8 82 116,163 Humble 1,711 1,388 1,358 23.3 2.2 26.0 15 1,139,678 Italy 1,183 1,185 1,211 - 0.2 - 2.1 - 2.3 37 928,624 Killeen .......... 23,377 7,045 1,250 231.8 463.6 l,770.2 60 116,163 McKinney ...13, 763 Menard 1,914.. . . . . . . . . . Merkel 2,312 Olney 3,872 Paris .........20,977 Port Lavaca 8,864 Runge 1,036 10,560 2,685 2,338 3,765 21,643 5,599 1,055 8,468 2,848 1,985 3,463 18,910 2,049 988 30.3 -28.7 -1.1 2.8 -3.1 58.3 -1.8 24.7 14.4 17.8 8.7 14.5 173.3 6.8 62.5 -18.5 16.5 11.8 10.9 332.6 4.9 33 66 13 43 92 83 71 928,624 58,815 91,566 102,104 53,420 177,380 641,965 Rusk ······ ···· · · 4,900 6,598 5,639 -25.7 17.0 -13.1 42 51,739 San Diego Seagraves 4,351 2,307 4,397 2,101 2,647 3,191 - 1.0 9.8 66.1 -34.2 64.4 -27.7 55 63 177,380 129,289 Seymour ........ . . 3,789 S,779 3,294 0.3 14.7 15.0 52 102,104 Somerville 1,177 1,425 1,601 -17.4 -11.0 -26.5 88 1,139,678 Van Alstyne 1,608 1,649 1,630 - 2.5 1.2 - 1.3 49 928,624 Winnsboro 2,675 2,512 2,072 6.5 21.2 29.1 52 51,739 *1940 population figures a._:~:::~--.:--.,_:::::.i~·:~...~-;:--::;-z· _.:-":.:_ +a .a B~k~•ple -~.. ~~~~~~:·~-~~:.:~~·:.~.. : +19.0 -ao -20 Chana-e In nQmber of busineu ornniut.i.ona pu 1,000 population, 1940-1960 289 inhabitants but gained almost as many government.al organizations as Borger, where the increase in population was 11,000. On the basis of this chart, one might con­ jecture that the trend has been toward more government regardless of changes in population. Change in the number of gorcrnmental organizations per 1,000 popukition. The relationship bet\\·een change in population and change in the number of gonrnment.al organizations per 1,000 population is treated in Chart 8. The pattern displayed in this chart is one of a general inverse relationship between the variables. Thirteen of the cities that gained population sho\\' a decrease in the number of goYernmental organizations per 1,000 popu­ lation, and all of the 9 citieSI that lost population show 15i 10 20 ao 10 an increase in the number of governmental organizations per 1,000 population. The change in both population and the number of governmental organizations per 1,000 pop­ulation was quite small at Seymour, Alpine, Olney, Co­tuIIa, Merkel, Burnet, and Runge. Humble and Aspermont showed small gains in population and a moderate de­crease in the number of governmental organizations per 1,000 population. It should also be noted that the num­ber of governmental organizations per 1,000 population did not change at Paris, which indicates that the change in the number of governmental organizations in this city was directly proportional to change in population. CHART 7 RELATIONSHIP BETWEEN CHANGE JN POPULATION TO CHANGE IN NUMBER OF GOVERNMENTAL ORGANIZATIONS 1940-UIO Change in populntlon 19•0-1960 L-....J 10 20 -· 0 " Chan.re In numbtr of aovemmentaJ orp.nlzat.lona, 19'0-1960 Change in the number of noneconomic voluntary asso­cfotions. Chart 9 portrays the relation of change in popu­latio~ t~ change in the number of noneconomic voluntary associations. Three major features of this chart are worthy of. comment. First, no city in the sample Jost nonccono.m1c voluntary associations during the twenty­year penod. Second, among the 21 cities that gained popu­lation, th.ere is a _definite pattern of positive relationship between increase m population and increase in the num­ber of. noneconomic voluntary associations. Third, 4 of the c1t1es that lost population (Eastland, Hillsboro, Rusk, and Seagraves) show larger increases in noneconomic Yoluntary associations than 13 of the cities that gained 158 ao •• population. San Diego gained 1,704 inhabitants but ex­ perienced no change in the number of noneconomic volun­ tary associations. As might be expected, this group of organizations appears to be less sensitive to changes in population than either business or governmental organi­ zations. Change in the number of noneconomic voluntary asso­ciations per 1,000 population. Chart 10, the final one in the series, shows the relationship between change in popu­lation and change in the number of noneconomic volun­tary associations per 1,000 population. A very irregular pattern of inverse relationships between the two variables CHART 8 RELATIONSHIP BETWEEN CHANGE IN POPULATION AND CHANGE IN NUMBER OF GOVERNMENTAL ORGANIZATIONS PER l,IOt POPULATION, 1940-IHt · Change In populntlon 1940-1960 Chann in number of l'OVernmental oraanlsallou per J,000 population, 19•0-lHO is evident. Eight of the 11 cities with the largest gains in population show a decrease in the number of noneconomic voluntary associations per 1,000 population, while the remaining 3 cities show small increases. The 9 cities that lost population show substantial increases in the number of noneconomic voluntary associations per 1,000 population. Summary and Conclusions In the preceding analyses, the relationship between changes in population and changes in the number of busi­ness organizations, governmental organizations, and non­economic voluntary associations in 30 Texas cities during the twenty-year period 1940 to 1960 have been considered. The results of these analyses can be summarized as follows: 1. Generally,18 the greater the increase in popula­tion, the greater the increase in all types of organiza­tions (business, governmental, and noneconomic vol­untary associations). 2. Generally, the greater the increase in population, the greater the decrease in all types of organiza­tions per 1,000 population. CHART t RELATIONSHIP BETWEEN CHANGE IN POPULATION AND CHANGE IN NUMBER OP NONECONOMIC VOLUNTARY Chann ln ASSOCIATIONS. UO-ltH population 1940-1960 Seymour + 495 rf.~~·::=:'r.~:~~:~:~~·~ is Al pine .~~;;~l·1?;;r: 9 + 485 •O 80 80 Cb&np In number of noneconomic volunla?')' auoclatlona 3. Generally, organizations of all types increased, regardless of population change, but less in cities with a declining population. 4. Generally, cities with a declining population ex­perienced an increase in all types of organizations per 1,000 population, while growing cities experienced a decrease in all types of organizations per 1,000 population. Table 3 provides a statistical summary of the findings in terms of rank-order coefficients of correlation.14 With­out exception there is positive correlation between change in population and change in the number of all types of organizations. And, also without exception, there is a negative correlation between absolute change in population and absolute change in the number of organizations per 1,000 population. That there are many exceptions to each relationship is clearly revealed by the fact that the values of the coefficients do not closely approach the maximum positive value of + 1.00 or the maximum neg­ative value of -1.00. However, the values of the coeffi­cients are far removed from .00, the point of no rela­tionship, and al! of them are of substantial magnitude. CHART It RELATIONSHIP BETWEEN ClUNGE IN POPULATION AND CHANCE lN NUJIBER OP NONECOSOMJC VOLU1'4ARY ASSOCIAnONS PER J,too POPULATION, Ittt-UH (,,~ngeln population 1940-1960 -1 -12 ChMlrre In number ot noneconomic volu.nt.a.ry UIOciaUon.1 pa-1,000 populatioD, tU0-1160 Since these findings show that changes in population are accompanied by changes in the number of organiza­tions, the limited objectives of this study have been achieved. On the other hand, several aspects of these relationships deserve further comment. Rapidly growing cities usually experience an increase in the number of organizations but a decrease in the number of organiza­tions per 1,000 population. In other words, the population of these cities is increasing at a more rapid rate than the number of organizations. From this evidence, it may be deduced that the business organizations will experience an increase in the volume of sales, governmental organi­zations will experience an increase in administrati,·e work­load, and the noneconomic voluntary associations will ex­perience an increase in membership. Table 3 RANK-ORDER COEFFICIENTS OF CORRELATION BETWEEN CHANGE IN POPULATION AND CHANGE IN TEN OTHER VARIABLES Coefficient of correlation between change in population and stated variable Variable + .60 Change in total number of organizations per -.77 Change in total number of organizations. 1,000 population Change in number of business organizations. + .61 Change in number of business organizations per -.61 Change in number of governmental organizations. + .66 Change in number of governmental organizations 1,000 population .. per 1,000 population . -.79 Change in number of non-economic voluntary organizations + .45 Change in number of non-economic voluntary organizations per 1.000 population .. -.83 It has also been shown that smaller gains in popu­lation, as well as losses in population, may be accom­panied by an increase in the number of organizations and an increase in the number of organizations per 1,000 population. In many of these cases, the number of or­ganizations has increased more rapidly than the popula­tion. The cities in this group may be expected to ex­perience a decrease in the volume of sales of the business organizations, a decrease in the administrative workload of the governmental organizations, and a decline in the membership of the noneconomic voluntary associations. Such deductions as those above go beyond the actual findings of the study, but are consistent with the findings of other investigations and serve to indicate the far­reaching consequences of change in population. The fact that cities with declining populations experi­enced increases in number of organizations (though less than growing cities) is of considerable significance. As noted earlier, numerous Texas cities, particularly the small ones, have lost population over recent decades. One might anticipate that the number of organizations in these cities declined along with the loss in population, but the present findings indicate otherwise. A decline in organizations may take place eventually (i.e., as a long-range consequence), but it is clear that a decline in organizations is not an immediate effect of a decrease in population. The most obvious need in further research is for studies of cities that are exceptions to the general relationship between change in population and change in organiza­tions. The identification of such deviant cases in the present study will serve as a point of departure for subsequent research on factors other than population size which influence the growth of organizations in communities. 1Reprcscntative of these early studies are: C. R. Hoffer, A Study of 1"own-County Relationships (Michigan Agricultural Experiment Station Special Bulletin 181. 1928); J. H. Kolb and R. A. Polson, Trends in Town.County Relations (University of Wisconsin Agricultural Experi­ ment Station Research Bulletin 117, 1933); Paul H. Landis, The Growth and Decline of South Da/cota Trade Centers (South Dakota Agricul­tural Experiment Station Bulletin 279, 1938); William J. Reilley, "Methods for the Study of Retail Relationships," The University of 1'exas Bulletin, No. 2944 (November 1929), pp. 1-50; T. Lynn Smith, Fann Trade Centers in Louisiana, 1901-1931 (Louisiana State Univer­sity Bulletin 234, 1933); Carle C. Zimmerman, Farm Trade Centers in Minnesota (University of Minnesota Agricultural Experiment Station Bulletin 269, 1930). 2R. D. McKenzie, The Metropolitan Community (New York: McGraw­llill Book Company, Inc., 1983). :id.• pp. 72-76. id., p. 636. 7 ll>id., pp. 631-632. ~See particularly: Colin Clark, "The Economic Function of a City in Relation to its Size." Econometrica, Vol. 13 (April 1945), pp. 97-113; Hoynl Commission on Agriculture and Rural Life. Report No. HJ, Scr1'icr. Center. (Regina. Saskntchewan, 1957); Clarence Schettler, "Rdntion of City Size to Economic Function," American Sociological R•vic11'. Vol. 8 (February tn48), pp. 60-62; and Leonard Tobkin and Eflgar Z. Palmer, TypPs of Businesses in Nebraska Towns (University of Nehrnskn Publication No. 186, Business Research Bulletin No. 57, 19o4). 0The term "small urban place" refers to places that: (1) were out­~ide of Urbanized Areas in ln60 and (2) had at least 1,000 inhabitants tn 1940. 1900. and 1960. 10~s defined by the U. S. Bureau of the Census, an Urbanized Area con!tist~ .o f ~ne or more citie8 of at 1east 50,000 inhabitants or two or more c1tt.es m the same vicinity with that combined population and the surrounding rlosely settled territory. 11 The organizational data wore collected and reported by 30 assistant field workers (one in each city) who were temporarily employed for 160 this study. Insofar as possible, the selection of the field workers was limited to individuals with a broad knowledge of the community and access to local records. The probability of some reporting error is, however, acknowledged. 12In all cases the analysis is concerned with absolute change and not percentage or proportional change. The difference can be illustrated by a hypothetical city in which the population increased from 10,000 to 15,000, and the number of total organizations per 1,000 population declined from 40 to 30. The absolute changes are 5,000 and 10, respec­tively, while the corresponding percentage changes are +50.0 and -25.0. In the charts used throughout this report, the 80 cities are arranged in a vertical column which show•, in rank order, the absolute change in population over the twenty-year period. The vertical column does not show proportional changes in population. The lengths of the horizontal bars, however, are proportional to the absolute changes in the number of organizations. A chart showing proportional changes in both variables might have been more satisfying to a purist in graphic presentation, but its complexity would have outweighed its utility in this study. 13The term "generally" is employed in each of the summarizing statements to emphasize the fact that certain cities are exceptions to the statement. 14The method of computing the rank-order coefficients of correlation involves statistical procedures which cannot be effectively discussed in this paper. It may be noted, however, that the coefficient of correlation indicates the degree and direction of association between two variables. A coefficient of plus or minus .20, for example, indicates very little association: a coefficient of plus or minus .50 indicates a fairly sub­stantial correlation; and a coefficient of plus or minus .90 shows very high correlation. When the coefficient is preceded by a minus sign, the correlation is negative and indicates that an inverse, rather than a direct, relationship exists between two variables. Thus, in the way of examples, a coefficient of + .90 between change in population size and number of organizations would indicate that a city which ranks high with regard to the former is very likely to rank high with regard to the latter and that a city with a low rank on increase in population size is very likely to rank low with regard to increase in number of organizations. On the other hand, a coefficient of -.90 would indicate that a city with a low rank on one of the variables is likely to rank high with regard to the other variable. TEXAS BUSINESS REVIEW MAY RETAIL TRADE IN TEXAS by Robert M. Lockwood FOLLOWING THE SLIGHT DECLINE EXPERIENCED DURING April, Texas retail sales improved somewhat in May, elevating the seasonally adjusted index to 114.2% of the 1957-59 average, a level still somewhat below the 1963 high of 115.5% recorded in March. The May index was an even percentage point better than the 113.2% regis­tered by the April index of retail sales. At $1,053.3 mil­lion, the seasonally adjusted estimate of total retail sales in May stood 4% above the April level and 1 % above the figure for May 1962. The increased strength of the durable-goods category was largely responsible for the improvement in the state retail sales picture in May. The estimated total un­adjusted durable-goods sales of $396.5 million were 8% ahead of the April figure, while the durable-goods index advanced to 122.4% from its April level of 117.3%, an increase of more than 4%. As in April, the most striking departure from normal seasonal buying trends in May occurred in the automotive stores category. In April automotive stores sales declined 4% instead of gaining their normal 7% ; May sales in this category were up 7% in a month in which they normally register no increase at all. By increasing 7% instead of their usual 5%, May sales by lumber, build­ing material, and hardware outlets combined with the strong automotive stores activity to offset the seasonally abnormal performance of the furniture and household appliance category. Although the sales of furniture and household appliance stores increased 15% in May, sea­sonal expectations indicated a gain of 20%. RETAIL SALES TRENDS BY KINDS OF BUSINESS Source: Bureau of Business Research in cooperation with the Bureau of the Census, U. S. Department of Commerce Percent change Normal seasonal* Actual Jan-May Number of 1963 reporting May May 1963May 1963 from establish-from from from Jan-May Kind of business ments Apr Apr 1963 May 1962 1962 DURABLE GOODS Automotive storest ......259 •• + 7 + 4 + 6 Furniture & household appliance storest ......169 +20 +15 + 4 + 2 Lumber, building material, and hardware stores ...... . 265 + 5 + 7 -5 •• NONDURABLE GOODS Apparel stores .......311 -2 -11 -2 -1 Drug stores ....187 + 3 + 5 •• + 1 Eating and drinking places .................101 + 4 + 4 •• •• Food stores ..............327 + 2 + -2 + 2 Gasoline and service stations ......235 + + 3 •• •• General merchandise storest .... . 333 + 5 -1 •• + 1 Other retail storest. .272 + 5 + 7 + 2 + 3 *Average seasonal change from preceding month to current month. ..Change is less than one-half of 1%. tincludes kinds of business other than classification listed. The Spotty Movement of Nondurables Perhaps largely responsible for the decline of 1.1 points in the nondurable-goods index in May were the apparel stores. Although seasonal expectations indicated a 2% decline in this category from April, apparel stores sales fell 11% in May. Another source of difficulty was the general merchandise stores sales, which fell 1 % instead of increasing by an anticipated 5%. Gasoline and service station sales, which improved by 3%, failed to achieYe the normal seasonal expectation of a 5% gain over April activity. With a single exception, buying of all other non- PRIMARY MARKETS FOR QUALITY MERCHANDISE, TEXAS VS. UNITED STATES A recent survey of the primary markets for quality merchandise These primary market areas include the Dallas-Fort Worth and ranked the trade areas of the United States according to various in­Houston trade areas, which are ranked twelfth an~ ve-month period. Permits for the con~t~uction of office-bank buildin s drop~ed 6% to $7.6 million in May. Thus far in 196~ r~nnits t? b~ild office-bank buildings were 4% less tha~ e permits issued in the same period in 1962 Hospital construction permits rose 18ot . . M $6 5 m'll' b · · 1o m ay to . " i. i.on, rmgmg this year's cumulative total to $19.9 m1lhon. However, the rate of hospital permits issued 164 in five months of 1963 was 20% below what it had been in the same period last year. Permits were issued in May for $4.4 million of indus­trial buildings, almost twice the value of such buildings ~uthorized in April. The year-to-date totals showed a 34% mcrease over the first five months of 1962. Permits were issued in May for church construction amounting to $3.5 million. This was an increase of 29% over April permits. Permits to build churches are being issued at a slower rate in 1963. Total authorizations for five months amounted to $13.3 million, 24% less than those issued in the comparable 1962 period. Apartments In the metropolitan areas of the state, the value of permits issued for one-family residences amounted to $42.3 million, compared with a total value of permits for {JUILDING CONSTRUCTION IN TEXAS 200 150 l00 50 0 apartment buildings of $28.0 million. In the five months of 1963, the total value of permits for one-family houses dropped 12% below the total value in the first five months of 1962. A comparison of the two periods shows that value of permits to build apartment buildings was up this year by 80% over the first five months of last year. As shown in the accompanying table, all but 2.8% of apartment construction authorized in the state in the first five months of 1963 was authorized in 17 of the state's metropolitan areas. Austin ranked first in the state in per capita apart­ment authorizations with $8.3 million in permits to build 953 apartment units in the first five months of 1963. This value was more than twice the amount authorized in the same five months of 1962. Dallas and Houston tied for second place in the per capita ranking of authorizations to build apartments thus far in 1963. Houston authorized the construction of 7,002 units for a five-month total of $40.7 million, an increase of 43% over the same 1962 period. Dallas authorized almost the same per capita value by issuing permits for 6,433 units for a value of $36.2 million. Dallas has grown sharply in this segment of building with 126% more apartment authorizations in the five months of 1963 than in the first five months of 1962. Ranking fourth in per capita authorizations for apart­ment construction was Tyler with a total value thus far in 1963 of $1.4 million. Waco was the fifth ranking city in per capita authori­zations for apartment building with a five-month total value of $2.5 million. Ranking sixth and seventh were Amarillo and Abilene. Amarillo authorized 267 apartment units for a value of $2.8 million, and Abilene authorized 105 apartment units for a value of $1.0 million. As a reader's guide to better utility of retail sales data, the previous year. Annual postal data are for 13 four-week an average percent change from the preceding month has periods falling closest within 1961 and 1962 calendar years. been computed for each month of the year. This percent Changes less than one-half of 1 percent are marked with change is marked with a dagger (t) following that figure. a double asterisk (**). Waco retail sales information isThe next percent change represents the actual change from reported in cooperation with the Baylor Bureau of Business the preceding month. A large variation in the normal sea­Research. End-of-month deposits as reported represent sonal from the actual figure represents an abnormal money on deposit in individual demand deposit accounts month. The third percent change shows the change from on the last day of the month and are indicated by the the identical period the preceding year. Postal receipt in­ formation which is marked by an asterisk (•) indicates symbol (t). All population figures are final 1960 census cash receipts received during the four-week postal account­data, with the exceptions of those marked (r) which are ing period ended May 24, 1963, and the percent changes official revisions. Figures under Texarkana with the fol­ from the preceding period and the comparable period in lowing symbol (§) are for Texarkana, Texas, only. Percent change Percent change May 1963 May 1963 May 1963 May 1963 May from from May from from City and item 1963 Apr 1963 May 1962 City and item 1963 Apr 1963 May 1962 ABILENE (pop. 90,368) ARANSAS PASS (pop. 6,956) Postal receipts• .. $ 4,885 -4 + 27 Retail sales ....... ................. . + 5t + -3 Building permits, less federal contracts $ 128,89S +201 + 85 Automotive stores ................ . ••t + 7 + 11 Bank debits (thousands) . . . $ 5,311 + 19 + 16 Drug stores . . . . ..... . ......... . . . + 3t + 3 -4 End-of-month deposits (thousands) t .. $ 5,927 -3 + 20 General merchandise stores........ . + 5t 7 -13 Annual rate of deposit turnover. . . . . . 10.6 + 22 -4 Postal receipts• ...... . ... . ... . ... . .. $ 126,690 + 1 + 19 Building permits, less federal contracts $ 1,178,344 -41 -45 Bank debits (thousands) ........ . .... $ 105,479 4 -11 ARLINGTON (pop. 44,775) End-of-month deposits (thousands) i .. $ 71,543 -3 -3 Retail sales Annual rate of deposit turnover...... 17.4 -4 -10 Apparel stores . . . . . . . . . . . . . . . . . . . . 2f -4 -11 Employment (area) . . . . . . . . . . . . . . . . . 36,650 •• -1 Lumber, building material, Manufacturing employment (area) . 4,060 -6 -15 and hardware stores. . . . . . . . . . . . . + st + 35 -3 Percent unemployed (area). . . . . . . . . . 5.8 -11 + 18 Postal receipts• . . . . . . . . . . . . . . . .$ 6S,1S3 + 10 + 36 Building permits, less federal contracts $ 1,649,919 + 46 + 13 Bank debits (thousands) . . . $ 39,908 -1 + 12 End-of-month deposits (thousands)t.. $ 27,797 + 1 + 2S ALPINE (pop. 4,740) Annual rate of deposit turnover... ... 17.3 •• 8 Postal receipts .............. . . . .. $ 5,284 -1 + 35 Employment (area) 222,700 •• + 2 Building permits, less federal contracts $ 11,200 -50 -91 Manufacturing employment (area). S3,600 + 1 + 7 Bank debits (thousands) . . .. $ 3,040 + 8 + Percent unemployed (area) . . . 3.8 -5 -14 End-of-month deposits (thousands) i . .$ 3,641 -3 2 Annual rate of deposit turnover ..... 9.9 + 11 + ATHENS (pop. 7,086) Postal receipts• .............$ 10,900 + 20 + 16 AMARILLO (pop. 137,969) Building permits, less federal contracts $ 593,000 +456 Retail sales ........................ . + 5t -2 + 1 Bank debits (thousands) . . . . . . . $ 10,023 + 9 + 16 Apparel stores . ...... . .........•.. -2t -10 + 3 End-of-month deposits (thousands) t ..$ 9,520 -2 + 15 Automotive stores .......... ...... . ••t -9 + 13 Annual rate of deposit turnover.. ... 12.5 + 13 •• Eating and drinking places....... . + 4t + 10 + Furniture and household AUSTIN (pop. 186,545) appliance storea . . . . . . . . . . . . . . . . . + 20t •• + Retail sales . . . . ...................•. + st + 6 + General merchandise stores. + 5f + + 4 Apparel stores .......... ... ..... . . -2t -12 + 2 Postal receipts• ...... .... . . ....$ 245,236 + 1 + 25 Automotive stores ............. . ••t + 13 + 4 Building permits, less federal contracts $ 4,426,548 + 14 + 63 Drug stores + 3t + 7 •• Bank debits (thousands) ...... . .. .. .. $ 234,594 8 2 Food stores + 2t + + End-of-month deposits (thousands) i . .$ 116,062 + 2 Furniture and household Annual rate of deposit turnover. 23.9 6 2 appliance stores .. ... . ... ...• + 20t + 11 •• Employment (area) 54,300 + + 4 General merchandise stores. + 5t + 6 Manufacturing employment (area) . 6,000 •• + 9 Lumber, building material, Percent unemployed (area). . . 3.0 -12 -23 and hardware stores.... . . + 5t + 5 Postal receipts• ............ . ....$ 498,024 + + 20 Building permits, less federal contracts $ 5,388,873 7 -26 ANDREWS (pop. 11,135) Bank debits (thousands) .... $ 340,304 + 23 + Postal receipts• . . . . . . . . . . . . .$ 8,388 -10 -1 End-of-month deposits (thousands) t .. $ 152,797 -13 + 8 Building permits, less federal contracts $ 44,175 -13 -72 Annual rate of deposit turnover. 24.8 + 27 8 Bank debits (thousands). . . . . . . .$ 6,136 -6 + 8 Employment (area) ................ . 86,600 •• + 3 End-of-month deposits (thousands) i ..$ 7,099 •• + 10 Manufacturing employment (area) . 5,880 •• + 1 Annual rate of deposit turnover. 10.4 -5 + 14 Percent unemployed (area) . . .... . .. . 2.8 -3 + 27 Local Business Conditions City and item May 1963 P ercent change May 1963 May 1963 from from Apr 1963 May 1962 Local Business Conditions City and item May 1963 Percent change May 1963 May 1963 from from Apr 1968 May 1962 BAY CITY (pop. 11,656) BISHOP (pop. 3,722) Rct.ail sales Automotive stores . . .... .. .• .. ..... Postal receipts• . . . . ...............$ Bank debits (thousands)... . ...$ End-of-month deposits (thousands)t .. $ Annual rate of deposit turnover. ..t 13,088 15,214 21,317 8.4 + 3 + 20 + 1 -4 + 2 -13 + 15 + 7 + 2 + Postal receipts• .. . .... . ..... . . .. ... .$ Bank debits (thousands) . . . .....$ End-of-month deposits (thousandsl.i .. $ Annual rate of deposit turnover..... . 2,199 1,829 2,287 9.4 -21 -5 -4 •• -41 8 Nonagricultural placements .. ... 68 -29 -47 BONHAM (pop. 7,357) Postal receipts• ....... . . . ... ... .. .. $ 7,322 + 31 + 14 BAYTOWN (pop. 28,159) Building permits, less federal contracts $ Bank debits (thousands) . . . . . $ 49,800 8,276 + 34 5 + 15 Retail sale• Food stores Postal receipts• . . . . $ Building permits, less federal contracts $ + 2t 30,309 830,440 + 3 -2 + 82 -12 + 29 + 12 End-of-month deposits (thousands) i . .$ Annual rate of deposit turnover. 7,803 18.4 3 4 1 + 6 Bank debits (thousands) . . $ 36,161 + + 6 End-of-month deposits (thousands) t .. $ Annual rate of deposit turnover . .. 31,092 13.7 + 3 + 7 + 2 BORGER (pop. 20,911) Employment (area) 559,700 + + 7 Postal receipts• . . . . . . . . . . . . . . . . . . $ 20,560 + 2 + 21 Manufacturing employment Percent unemployed (area) . (area). 93,000 8.8 + •• + 6 Building permits, less federal contracts $ Nonagricultural placements . .. .. .. . . 205,290 170 +134 + 86 + 87 -13 BEAUMONT (pop. 119,175) Retail sales Apparel stores ...... .. . . .. ... .... . Automotive stores ...... .......... . Eating and drinking places . Furniture and household + 5t -2t ••t + 4t + 15 -11 + 81 -1 + 8 + + 7 6 BRADY (pop. 5,338) Postal receipts• ...... . ....... . . .. ...$ Building permits, less federal contracts $ Bank debits (thousands) . . . . . . . . . . . . $ End-of-month deposits (thousands) i . .$ Annual rate of deposit turnover..... . 5,331 84,325 5,324 7,341 8.7 + 10 + 8 -18 + 1 -14 + + -12 nvpliance stores . .. .... .. ....... . + 20t +lll + 50 General merchandise stores . + 5t + 3 8 Lumber, building material, and hardware stores . + 5t + 7 - 2 BRENHAM (pop. 7,740) Postal receipts• ... . . . ... . ..$ 138,510 Building permits, less federal contracts $ 1,480,155 Bank debits (thousands) . . . $ 201,337 End-of-month deposits (thousands) i . .$ 108,040 Annual rate of deposit turnover. 23.0 Employment (area) . . . . . . . . . . . . . . . . . 107,100 Manufacturing employment (area) . 85,460 Percent unemployed (area)..... . . .. . 7.6 4 -25 + -4 + 7•• + 2 + + 14 -28 + 9 + 4 + 6•• + 2 + 21 Postal receipts• ................ .. ...$ Building permits, less federal contracts $ Bank debits (thousands) ... ....... ...$ End-of-month deposits (thousands) i . .$ Annual rate of deposit turnover ..... . Nonagricultural placements . .. ... .. . 8,635 157,649 11,524 13,036 10.3 48 -11 +127 4 -5 -3 -29 + 6 +179 + 16 + 7 + 7 -37 BROWNSVILLE (pop. 48,040) BEEVILLE {pop. 13,811) Retail sales ......................•.• + 5t -11 Postal receipts• . .. .. . .. . ...... .. ... .$ Building permits, less federal contracts $ Bank debits (thousands) . . . $ End-of-month deposits (thousands) i .. $ Annual rate of depoeit turnover . Nonagricultural placements ... . . ... . 12,709 62,850 11,713 18,865 9.7 138 -3 -26 + 9 -8 + 10 + 11 + 23 -48 + 16 + 6 + 7 -16 Automotive stores ................ . Lumber, building material, and hardware stores............ . Postal receipts• ... . ........ . .. . .....$ Building permits, less federal contracts $ Bank debits (thousands) . . $ End-of-month deposits (thousands) i .. $ ..t + 5t 30,961 147,648 31,392 20,059 -24 + 8 + 1 -49 -5 + + 10 -69 4 -1 Annual rate of deposit turnover..... . 18.3 - 4 - 4 Nonagricultural placements . . . .. . .. . 268 + 11 -38 BIG SPRING {pop. 31,230) Retail sales . ............ ........••.. Automotive stores ....... . ........ . Drug stores . . .... .. ...... . . . Lumber, building material, and hardware stores..... .. ..... . Postal receipts• . . $ Building permits, less federal c~~t~act~ $ Bank debits (t1'ousands) ...... . .... . . $ End-of-month deposits (thousands) i . .$ Annual rate of deposit turnover... . . . Nonagricultural placements ........ . + 5t ••t + St + 5t 40,474 671,242 42,796 25,030 19.8 184 + 8 + 14 + 8 1 + 35 + 4 2 -7 -1 -13 -20 + 45 + 70 •• -7 + 9 -42 BROWNWOOD (pop. 16,974) Retail sales ...... . . . ............... . Apparel stores .............. .. ... . Automotive stores ....... ... .. .. .. . Postal receipts• .. ............ .. · . · . . $ Building permits, less federal contracts $ Bank debits (thousands) . . . . . . . . . . $ End-of-month deposits (thousands) i .. $ Annual rate of deposit turnover .... . . Nonagricultural placements + 5t 2t ••t 31,243 434,250 17,210 13,282 15.8 102 + 13 -11 + 23 -5 +1471 + 6 + 3 + 8 + 41 +4672 + 6 + 7 + 1 -41 166 Local Business Conditions Percent change City and item May 1963 May 1968 from Apr 1968 May 1963 from May 1962 Local Business Conditions Percent change City and item May 1963 May 1963 from Apr 1963 May 1963 from May 1962 BRYAN (pop. 27,542) Retail .alee ......................• • . Automotive stores .............. .. . Food stores ...................... . Lumber, building material, and hardware stores......... ... . Postal receipts• . ..... .... .. ... ......$ Building permits, less federal contracts $ Bank debits (thouaands) .............$ End-of-month deposits (thousandsH.. $ Annual rate of deposit turnover..... . Nonagricultural placements . ....... . + 5t ..t + 2t + 5t 24,363 225,799 29,785 18,488 19.2 287 + 10 + 20 + 8 + 17 -6 -2 + 14 + 13 -1 - 13 + 9 + 14 + 18 + 13 + 5 22 - 37 + 13 + COLLEGE STATION (pop. 11,396) Postal receipts• .. ...................$ 20,715 + 13 + 27 Building permits, less federal contracts $ 205,817 + 56 +158 Bank debits (thousands) .. ... ........$ 4,258 + 11 + 13 End-of-month deposits (thousands>i . . $ Annual rate of dell08it turnover..... . 3,087 16.7 + 2 + 12 + 14 •• COLORADO CITY (pop. 6,457) Retail aales Lumber, building material, and hardware stores ...... . Postal receipts• . . . . . . . . . . ......$ Bank debits (thousands) ........... . . $ End-of-month deposits (thousands) i . .$ Annual rate of deposit turnover.... . . + 5t 6,435 4,756 5,926 9.4 -5 + 17 + 7 -5 + 13 + 6 + 15 + 5 -3 + 12 CALDWELL (pop. 2,204) Postal receipts• .. . .. .... . ...........$ 2,884 + 4 + 20 Bank debits (thousands) .............$ 2,305 -10 -8 End-of-month deposits (thousands)i.. $ 3,651 4 •• Annual rate of deposit turnover. .... . 7.4 -6 -9 CAMERON (pop. 5,640) Postal receipts• ............$ 6,703 -17 -18 Building permits, less federal contracts $ 3,550 -65 + 69 Bank debits (thousands) .............$ 4,630 -1 + 1 End-of-month deposits (thousands) i . .$ 4,698 -2 + 2 Annual rate of deposit turnover..... . 11.7 •• 2 CARROLLTON (pop. 4,242) Postal receipts• . ....................$ 5,769 -12 + 19 Building permits, less federal contracts $ 510,100 + 57 +352 Bank debits (thouaands) ..... .... ....$ 6,901 + 22 + 22 End-of-month deposits (thousands) i . .$ 3,442 -13 + 30 Annual rate of deposit turnover..... . 22.3 + 21 - 9 CISCO (pop. 4,499) Postal receipts• .....................$ 4,752 + 3 + 6 Bank debits (thousands) .............$ 3,833 + 7 + 16 End-of-month deposits (thousands) i . .$ 3,622 6 - 5 Annual rate of deposit turnover.... . . 12.3 + 8 + 18 CLEBURNE (pop. 15,381) Retail sales General merchandise stores........ . + 5t + 17 •• Postal rec~ts .. . .. ... . . ............$ 17,707 + 4 + 19 Building permits, less federal contracts $ 79,778 -70 + 3 Bank debits (thousands) .............$ End-of-month deposits (thousands)i. . $ 12,096 12,091 + •• + 2 + 8 Annual rate of deposit turnover. . ... . Employment (area) ................ . 12.0 222.700 + •• 4 + 2 Manufacturing employment (area). 53,600 + 1 + 7 Percent unemployed (area) .. ... .... . 3.8 - 5 -14 CLUTE (pop. 4,501) Postal receipts• ....... .. ............$ 2,259 + 7 - 3 COPPERAS COVE (pop. 4,567) Postal receipts• ........... .. ... . ....$ 3,678 -19 + 48 Building permits, less federal contracts $ 256,200 + 11 + Bank debits (thouaands) ...... .. .. $ 1,693 + 14 + 22 End-of-month deposits (thousands) i . .$ 1,074 -31 + 16 Annual rate of deposit turnover..... . 15.5 + 17 -10 CORPUS CHRISTI (pop. 184,163r) Retail sales . .... ...... .... . .. .. ...•. + 5t + 3 + Apparel stores ............ ... . ... . Automotive stores ............ .. .. . - 2t ••t -31 + 7 + 10 + 4 General merchandise stores..... ... . + 5t 3 Lumber, building material, and hardware stores . .. . .. ... . .. . + st 2 + Postal receipts• .. . . .... .. ....... .. ..$ 196,360 + 15 Building permits, less federal contracts $ 1,862,657 -14 + 13 Bank debits (thouaands) . .... ....... . $ 214,354 + 3 + 1 End-of-month deposits (thousands);. . $ Annual rate of deposit turnover. . . . . . Employment (area) . . . . . . . . . . . . . . . . . 117,211 21.8 68,500 -1 + 2 •• + 3 •• + 7 Manufacturing employment (area). 8,870 + 2 + 3 Percent unemployed (area) . . . . . . . . . . 4.8 - 2 -13 CORSICANA (pop. 20,344) Postal receipts• . . . . .........$ 19,998 + 3 + 12 Building permits, less federal contracts $ 103,349 -41 +127 Bank debits (thouaands) . . ...........$ 18,417 + 5 + 9 End-of-month deposits (thousands) i .. $ 20,035 2 + 3 Annual rate of deposit turnover..... . 10.9 + 5 + 5 Nonagricultural placements 202 + 6 -13 CRYSTAL CITY (pop. 9,101) Postal receipts• ..... ................$ 3,491 Building permits, less federal contracts $ 34,600 Bank debits (thouaands) .... . ........$ 3,407 End-of-month deposits (thousands);. . $ 2,783 Annual rate of deposit turnover.. ... . 14.4 DEER PARK (pop. 4,865) Postal receipts• ...... ... ............$ 5,909 + + +116 + 16 + 20 -4 + 26 +210 + 4 + 7 -10 Building 11ermits, less federal contracts $ 188,450 +1686 +640 Building permits, less federal contracts $ 223,050 + 14 + 38 Bank debits (thousands) ..... ....... .$ 1,872 Bank debits (thouaands) . ....$ 3,857 + 2 + 4 -13 + 8 End-of-month deposits (thousands)i.. $ 1,376 2 -16 End-of-month deposits (thousands) i .$ 2,292 1 + 3 Annual rate of deposit turnover.. . .. 16.2 + 6 + 6 Annual rate of dell08it turnover. . 20.1 2 + 2 JULY 1963 167 Percent change Percent change Local Business ConditionsLocal Business Conditions May 1963 May 1963 May 1963 May 1963 May from from May from from 1963 Apr 1963 May 1962 City and item 1963 Apr 1963 May 1962 City and item EDINBURG (pop. 18, 706) DALLAS (pop. 679,684) 7 + 3 Postal receipts• .......... . ..........$ 13,556 + 24 Rel.ail sales + 5t + + 4 -6 Building permits, less federal contracts $ 37,350 -26 30 Apparel stores + lt 15 + 19 Bank debits (thousands) . . ..... $ 14,507 + 7 Automotive stores + llt + 10 -8 3 End-of-month deposits (thousands) t§ $ 8,522 -18 Eating and drinking places...... . + 4t + + + 2 Annual rate of deposit turnover. . ... . Food stores ................... ... . + 2t + + 18.4 + 10 -15 Nonagricultural placements .... . 290 + 42 -83 Furniture and homehold appliance store! .. . ... .. ........ . + 6·j· + 21 + 10 Casali ne and service stations . ..... . + Gt + 7 2 General merchandise otores. + 7t + 4 1 EDNA (pop. 5,038) Lumber, building material, Postal receipts• . . . . . . . . . . . . . . . .$ 4,760 + 2 +22 and hardware stores. 2t + 12 Building permits, less federal contracts $ 19,975 -6S -67 Office, otore, and ochool Bank debits (thousands) .............$ 9,565 -19 supply dealers . . . . . . . . . . . . . . . . . . + st + 18 -22 End-of-month deposits (thousands) i ..$ 5,717 -6 Postal receipts• .$ 2,806,126 + + 16 Annual rate of deposit turnover..... . 19.4 -16 Building permits, less federal contracts $21,870,588 + 6 + 27 Bank debits (thousands). . ...$ 3,709,311 + 3 + 4 End-of-month deposits (thousands)t .. $ 1,261,460 2 ENNIS (pop. 9,347) Annual rate of deposit turnover. . . . . 34.8 + + 5 Employment (area) . . . . . . . . . . . . . . . . . 485,100 + 7 + 25 .,. Postal receipts• .. ... .. ....... ...... .$ 10,391 -12 Manufacturing employment (area) . 106,575 •• + 2 Building permits, less federal contracts $ 43,590 -69 -71 Percent unemployed (area)........ 3.4 -6 + 10 + 9 Bank debits (thousands) ..... ... .... .$ 6,580 -10 End-of-month deposits (thousands) i .. $ 6,926 •• -2 Annual rate of deposit turnover. 11.4 -10 +11 DEL RIO (pop. 18,612) Retail sales EULESS (pop. 2,062) Lumber, building material, and hardware stores.. . .. . + st -3 + 20 Building permits, less federal contracts $ 548,946 -36 -1 Postal receipts• . . . . . . . . . . . . . . .$ 15, 792 + 13 + 24 Bank debits (thousands). ....$ 3,257 -11 Building permits, less federal contracts $ 324,416 + 21 +491 End-of-month deposits (thousands>*.. $ 2,590 + 21 Bank debits (thousands) .............$ 12,657 + 3 + 3 Annual rate of deposit turnover. 16.5 -27 End-of-month deposits (thousands)t .. $ 14,446 2 + 10 Annual rate of deposit turnover.... . . 10.4 + -5 EL PASO (pop. 276,687) Retail sales .......... . ..... ....... . . + st + 2 + 12 DENISON (pop. 22,748) Apparel stores . . ........... .. .... . -2t -15 -1 Automotive stores ....... . . . ...... . ••t + 6 + 43 Retail sales General merchandise stores.. . ... .. . + 5t -2 + 22 Automotive stores .. .. ...... .... .. . ••t + 13 + 6 Lumber, building material, Postal receipts• .............. ...$ 22,025 -14 + 18 and hardware stores. . . . . . . . . . . . . + st + 11 + 11Building permits, less federal contracts $ 387,366 -80 + 40 Postal receipts• .....................$ 333,951 + + 15 Bank debits (thousands). . . $ 17,664 + 2 + 9 Building permits, less federal contracts $ 4,459,307 + 12 + 87 End-of-month deposits (thousands>* .. $ 14,911 + 5** Bank debits (thousands) . .$ 401,895 10 + 10 Annual rate of deposit turnover. 14.2 + + 5 + End-of-month deposits (thousands>* .. $ 176,787 -8 +Nonagricultural placements .. 171 + 8 -19 Annual rate of deposit turnover. . . . . . 26.2 + 15 + Employment (area) . . . . . . . . . . . . . . . . . 92,600 •• 1 Manufacturing employment (area). 15,500 + 2 + DENTON (pop. 26,844) Percent unemployed (area) . . . . . . . . . . 5.2 2 + 11' Retail sales Drug stores . . . . . . . . . . . . . . . . . . . . . . . + St + 10 + 6 FLOUR BLUFF (pop. 9,332) Postal receipts• . . . . . . . . . . . . ... ..$ 42,750 + 12 + 26 Building permits. less federal contracts $ 2,183,750 +282 92 Bank debits (thousands) . . . . . . $ 3,982 + 36 Bank debits (thousands) .............$ 25,828 + 4 + 18 End-of-month deposits (thousands>: .. $ 1,783 -7 End-of-month deposits (thomands)t.. $ 25,848 4 + 18 Annual rate of deposit turnover..... . 2S.9 + 34 Annual rate of deposit turnover...... 11.7 + + 6 -2 Nonagricultural placements . . . 157 9 -20 FORT STOCKTON (pop. 6,373) Building permits, less federal contracts $ 2S,SOO -59DONNA (pop. 7,522) Bank debits (thousands) . . .....$ S,489 -2 Postal receipts• ........$ 3,457 -3 + End-of-month deposits (thousands) i ..$ 5,178 •• + Building permits, less federal contract• $ 5,800 -69 -84 Annual rate of deposit turnover. 12.7 -3 Bank debito (thousands) . . . . . .$ 2,605 24 --16 End-of-month deposits (thomands) i .. $ 3,509 -6 + 28 Annual rate of deposit turnover. 8.6 FREDERICKSBURG (pop. 4,629) -22 -37 Retail sales ........................• + 5t + 10 + 10 Drug stores . . . . .................. . + St + 3 + s EAGLE PASS (pop. 12,094) General merchandise stores........ . + 5t 2 + Postal receipts• .....................$ 7,648 + 38 + 70 ' Retail aales Building permits, less federal contract• $ 45,625 -37 -75 Gasoline and service stations . .. + 5t -3 -5 Bank debits (thousands). .$ 8,106 + 10 + 10 Postal receipts• . . . . . . . $ 7,264 -4 + 19 End-of-month deposits (thousands) f .. $ 8,599 + 2 + 16 Building permits, less fed~~~j ~~~·t~~~t~ $ 32,455 -40 -2 Annual rate of deposit turnover ..... . 11.4 + 8 -6 1G8 TEXAS BUSINESS REVIEW Percent change Local Business Conditions May 196a May 196a May from from City and item 196a Apr 196a May 1962 FORT WORTH (pop. 356,268) Retail sales .. .......... .. .. ........ . + St + 6 + 4 Apparel stores .. ..... . ........•..• st -14 -10 Automotive stores ...... . .... .. . .. . + 9t 5 + 12 D~stores ...................... . + 4t + 9 + 19 Eating and drinking places....... . + 7t + 7 -8 Food stores ........ .. ............ . + at + 12 •• Furniture and household appliance stores .. ... .. ......... . + 27t + 2 + 12 Gasoline and service stations. + 5t + 6 +la General merchandise stores..... .. . . + lat + 15 + 4 Liquor stores .................... . + 5 Lumber, building material, and hardware stores. . . . . . . . . . . . . + 2t + 9 6 Postal receipta• ..... ... . ... .........S 846,997 -10 + 8 Building permita, less federal contracts $ 3,8a8,2al -21 + 21 Bank debita (thousands} ...... .. ... . . $ 848,2a8 + 2 •• End-of-month deposita (thousands) i . .$ 408,365 -1 + 8 Annual rate of deposit turnover... .. . 24.7 6 + Employment (area} . . . . . . . . . . . . • . . . . 222,700 •• + 2 Manufacturing employment (area} . 53,600 + + 7 Percent unemployed (area) . . . . . . . . . . a.8 -5 -14 GALVESTON (pop. 67,175) Retail sales . . .. . .......... . .... .... . + 5t + 2 -12 Apparel stores .................•.. 2t 7 6 Food stores ...... ................ . + 2t + Furniture and hoUBehold appliance stores . . . . . . . . . . . . . . . . . + 20t + a2 Postal receipta• ...... ...............$ 97,048 -4 + 18 Building permita, less federal contracts $ 2,298,215 +a40 + 86 Bank debits (thousands) ............ .$ lOa,565 + 5 + 2 End-of-month deposita (thousands>i .. $ 56,761 -9 6 Annual rate of deposit turnover. 20.9 + 10 + 6 Employment (area} . . . . . . . . . . . . . . . . . 53,700 •• + 2 Manufacturing employment (area) . 10,420 1 5 Percent unemployed (area} . . . . . . . . . . 6.6 + a -15 GARLAND (pop. 38,501) Retail sales . . . . . . . . . . . . . . . . . . . . . . • . • + st + 10 + 9 AutomPtive stores . . . . . . . . . . . . . . . . . ••t + 11 + 9 General merchandise stores. . . . . . . . . + 5t + 4 + 9 Postal receipts• .. . . .. ..... . . . ... ....S a9,958 + 8 + 19 Building permits, less federal contracts $ 1,629,921 -22 •• Bank debits (thousands) ..... . . . .. . ..$ a0,856 6 + 2 End-of-month deposits (thousands} i . .$ 14,664 -7 2 Annual rate of deposit turnover. . . . . . 24.3 -3 + Employment (area} . . . . . . . . . . . . . . . . . 485,100 •• + 7 Manufacturing employment (area} . 106,575 •• + 2 Percent unemployed (area} ... . . . . . . . 8.4 -6 + 10 GATESVILLE (pop. 4,626) Postal receipts• .....................S 5,412 + 25 -1 Bank debits (thousands) ......... . ...S 5,590 a + 12 End-of-month deposits (thousands>i .. $ 5,726 + 6 Annual rate of deposit turnover. . ... . 11.4 + 4 GIDDINGS (pop. 2,821) Postal receipts• .. . ... . .... . .... . ....S 3,424 -9 -3 Bank debits (thousands} .. . . . ... . ....$ 8,108 + 4 + End-of-month deposits (thousandsJi..$ 4,139 + 12 Annual rate of deposit turnover. . . .. . 9.0 6 6 + ­ Local Business Conditions Percent change May 1968 May 1963 May from from City and item 196a Apr 1963 May 1962 GLADEWATER (pop. 5,742) Postal receipts• ....... .. ... .. .. . ....S Bank debits (thousands) ........ . .... $ Employment (area} ............ . .. . . Manufacturing employment (area) . Percent unemployed (area} ......... . 7,sao 3,435 28,600 5,590 4.7 + + 10 •• •• -4 + 19 -1•• + + 47 GOLDTHWAITE (pop. 1,383) Postal receipts• ........... .. .. . .....$ 2,114 Bank debits (thousands} . . ..... . .....$ 5,05 End-of-month deposits (thousands} i . .$ 4,620 Annual rate of deposit turnover. . . . . . 13.2 + 30 + 38 + 1 + 40 + 39 + 7 + 43 -la GRAHAM (pop. 8,505) Postal receipts• .....................$ Building permits, less federal contracts $ Bank debits (thousands) .............$ End-of-month deposits (thousands} i . .$ Annual rate of deposit turnover..... . 9,256 24,860 9,794 9,441 11.9 + 13 + 23 + 8 -9 + 14 + 5a -94 + 7 + 11 GRANBURY (pop. 2,227) Postal receipts• ...... .. .. .. . ... ... . . $ Bank debits (thousands) .............$ End-of-month deposits (thousands) i . .$ Annual rate of deposit turnover..... . 4,05a 1,616 2,150 8.8 + 12 + 1 -4 •• + 20 + 1a + 7 + GRAND PRAIRIE (pop. 30,386) Postal receipts• .. .. ..... . ...........$ Building permits, less federal contracta $ Bank debits (thousands} .............$ End-of-month deposits (thousands) i . .$ Annual rate of deposit turnover.... . . Employment (area) .... .. . .. . ...... . Manufacturing employment (area} . Percent unemployed (area) . 23,789 a92,457 19,631 10,976 21.7 485,100 106,575 a.4 -12 2 4 + 2 •••• -6 + 7 -78 + + 11 •• + 7 + 2 + 10 GRAPEVINE (pop. 2,821) Postal receipts• .. .... ...............S 4,246 Building permits, less federal contracts $ 5,868 Bank debits (thousands) .... .... .....$ 3,238 End-of-month deposits (thousands>* .. $ 2,852 Annual rate of deposit turnover. . . . . . 13.2 + 44 -53 7 7 2 + 41 -79 + 10 + 2 + a GREENVILLE (pop. 19,087) Retail sales ..... . .............. . . .. . Drug stores ........ . ........... • . · Lumber, building material, and hardware stores....... . .... . Postal receipts• ........ . .... .. ......S Building permits, less federal contracts $ Bank debits (thousands) ..... .. ......$ End-of-month deposits (thousands} i . .$ Annual rate of deposit turnover.... . Nonagricultural placements .. . ..... . + 5t + at + 5t 22,588 471,890 14,519 13,581 12.8 65 + 8 + + 34 -8 + 92 -6 •• -5 -45 -12 -7 -17 + 5 +1 3 -5 + 2 -55 HALE CENTER (pop. 2,196) Postal receipts• ........ .. ...........S 2,a82 Building permits, less federal contracts $ 6,100 Bank debits (thousands} ....... . . . ...$ 2,748 End-of-month deposits (thousandsJi. . $ 3,988 Annual rate of deposit turnover...... 7.8 + 72 -80 -1 -11 + 13 + 31 +510 + 16 -6 + 26 Percent change Local Business Conditions May 1968 May 1968 May from from City and item 1968 Apr 1963 May 1962 HARLINGEN (pop. 41,207) 4 Automotive stores ••t 2 Gasoline and service stations .. . ... . + 5t Retail sales + 5t 4 Lumber, building material, and hardware stores....... ..... . + 5t 8 7 Postal receipts• .... . .... . ..$ 35,287 + + 10 Building permits, less federal contracts $ 99,960 -25 15 -Bnnk debits (thousands). . .........$ 34,786 + 1 + 2 End-of-month deposits (thousands)t .. $ 19,454 -1 -24 Annual rate of deposit turnover..... . 21.4 •• + 34 Nonngriculturai placements . .. ..... . 486 + 23 -42 HEMPSTEAD (pop. 1,505) Postal receipts• .....................$ 5,014 -1 + 21 Dank debits (thousands)... . . $ 1,680 -3 + 24 End-of-month deposits (thousands)t .. $ 1,935 -10 + 1 J\ nnual rate of deposit turnover . .... . 9.8 + 1 + 18 HENDERSON (pop. 9,666) Retail sales Apparel stores -2t -20 -16 ······ ········· Hay, grain and feed stores . ........ -11 + 9 Postal receipts• .$ 12,746 + 8 + ············ Building permits, less federal contracts $ 75,450 -la + 43 Bank debits (thousands) . ......$ 7,986 •• + 18 End-of-month deposits (thousands) t .. $ 16,586 •• + 2 Annual rate of deposit turnover ..... . 5.8 + 2 + 12 HEREFORD (pop. 7,652) Postal receipts• .....................$ 10,699 -2 + 45 Building permits, less federal contracts $ 600,700 +no +424 Bank debits (thousands). . . $ 14,249 4 + 14 End-of-month deposits (thousands) t .. $ 12,460 6 + 10 Annual rate of deposit turnover... 1a.a + 2 + 6 HOUSTON (pop. 938,219) Retail sales + Gt 5 1 Apparel stores -at -10 ························· + ········· ··········· Automotive stores .... ............. + lOt + 15 + Drug stores ... .................... + 2t + 6 6 Eating and drinking places.. . .. . . . + 5t + + 5 Food stores ...... .. ............... + St + Furniture and household appliance stores + lOt + ao 6 Gasoline and service stations ... + 2t •• General merchandise stores . ..... + 9t 8 + 2 Liquor stores .......... ..... .. ••t + 7 + Lumber, building material, and hardware stores . .. ........ + at + a -12 Postal receipts• ············ .. $ 2.01a.ooo + 16 Building permits, less federal contracts $al,494,165 + 9 Bnnk debits (thousands) .. $ 3,365,564 + + End-of-month deposits (thousands) t. $ 1,441,187 + Annual rate of devosit turnover . ..... 27.4 + Employment (area) 559,700 + ·· ··· ·· ········· + Manufacturing employment (area). 9a,ooo + Percent unemployed (area) .......... a.8 •• + 6 1 HUMBLE (pop. 1, 711) Building permits, less federal contracts $ 24,000 +1500 + 94 Bank debits (thousands)... . . $ 3,045 + 11 + 16 End-of-month deposits (thousands) t . .$ 2,9al 1 -+ 6 Annual rnte of deposit turnover..... 12.4 + 12 + 11 Percent change Local Business Conditions May 196a May 1963 May from from City and item 1963 Apr 1963 May 1962 IOWA PARK (pop. 5,000r) Building permits, less federal contracts $ 102,700 -20 -17 Bank debits (thousands) ... ....... ...$ S,929 + 2 + 10 End-of-month deposits (thousands) i .. $ 4,119 + + 1 Annual rate of deposit turnover..... . 11.8 + 11 JACKSONVILLE (pop. 9,590) Postal receipts• . . . . . . . . . . . . . ......$ 17,759 -16 + 6 Building permits, less federal contracts $ 56,900 -52 -34 Bank debits (thousands) .... .........$ 11,630 3 + 7 End-of-month deposits (thousands>* .. $ 9,225 2 + Annual rate of deposit turnover..... . 15.0 2 + JASPER (pop. 4,889) Retail sales .. .. ......... ...•• •.•• .•• + st + 8 + 13 Automotive stores .......... ...... . ••t -18 -8 Postal receipts• . . . . . . . . . . . . . . . . . . $ 7,958 -6 + 7 Building permits, less federal contracts $ 22,985 -a6 -65 Bank debits (thousands) ......... . . . . $ 9,796 + 1 -3 End-of-month deposits (thousands) i .. $ 8,008 -20 -21 Annual rate of deposit turnover..... . 13.0 + 3 + 18 JUSTIN (pop. 622) Postal receipts• .....................$ 681 -15 + 22 Building permits, less federal contracts $ 8,500 +118 -67 Bank debits (thousands) .... .. ...... . $ 1,659 + 22 + 16 End-of-month deposits (thousands) i .. $ 824 + 6 + 12 Annual rate of deposit turnover..... . 24.9 + 17 + KATY (pop. 1,569) Bank debits (thousands) . . . . . . . $ l,922 -4 + 13 End-of-month deposits (thousands) t .. $ 2,085 -5 + 26 Annual rate of deposit turnover..... . 10.8 •• -10 KERMIT (pop. 10,465) Retail sales Drug stores .....................• + St + 2 Furniture and household appliance stores ................ . + 20t + 2 + 36 Lumber, building material, and hardware stores............ . + 5t + 10 Postal receipts ....... .. .............$ 8,857 + 7 + 12 Building permits, less federal contracts $ 89,a5o +133 -79 KILGORE (pop. 10,092) Postal receipts• ....................$ 15,708 + 15 + 11 Building permits, less federal contracts $ 60,017 -14 -13 Bank debits (thousands) .. . . ........ .$ 11,981 + 1 2 End-of-month deposits (thousandsJi . .$ 12,oaa -2 -4 Annual rate of deposit turnover..... . 11.8 + 4 + 2 Employment (area) . . . . . . ........ . 28,600 •• •• Manufacturing employment (area) . 5,590 •• + 1 Percent unemployed (area) ......... . 4.7 -4 + 47 KILLEEN (pop. 23,377) Retail sales Food stores + 2t + 7 ­ 6 Postal receipts• .... ..............$ a9,475 + 2 + 11 Building permits, less federal contracts $ 1,019,118 -52 + 4 Bank debits (thousands) . . . . . . . . . . . . $ 15,6a9 + 10 + 17 End-of-month deposits (thousands) i .. $ 10,000 -1 -8 Annual rate of deposit turnover. . . . . . 18.7 + 11 + 18 TEXAS BUSINESS REVIEW Percent change Local Business Conditions May 1963 May 1963 May from from City and item 1963 Apr 1963 May 1962 KINGSLAND (pop.150) Bank debita (thouaands) ....... ......$ 568 + 34 End-of-month depoeita (thousands);.. $ 313 + 6 Annual rate of deposit turnover..... . 22.5 + 22 KINGSVILLE (pop. 25,297) Postal recelpta• .....................$ Building permits, less federal contract& $ Bank debita (thousands) .............$ End-of-month deposlta (thousands) i . .$ Annual rate of deposit turnover..... . 18,786 + 35 418,895 +211 12,593 + 2 12,483 6 11.7 5 + 46 +1057 + 14 + 9 1 KIRBYVILLE (pop. 1,660) Postal recelpta• ......... . ...........$ 3,585 •• + 6 Bank debita (thousands) .............$ 2,478 + 14 + 8 End-of-month deposits (thousands} i . .$ 8,435 + + 12 Annual rate of deposit turnover..... . 8.9 + 18 - 2 LA FERIA (pop. 3,047) Postal recelpta• .... .................$ Building permlta, less federal contract& $ Bank deblta (thousands) ........ ... ..$ End-of-month deposita (thousands!*..$ Annual rate of deposit turnover. .... . LA MARQUE (pop. 13,969) Postal receipts• .....................$ Building permits, less federal contract& $ Bank debits (thouaands) .............$ End-of-month deposits (thousands) i . .$ Annual rate of deposit turnover..... . Employment (area) .... ........ . ...• Manufacturinir employment (area) . Percent unemployed (area) ... .. .... . LAMESA (pop. 12,(38) Retail ealea Automotive stone ................ . Druir stone ......................• Postal receipts• .....................$ Building permits, Jess federal contract& $ Bank debits (thousands) .............$ End-of-month deposlta (thouaanda) i . .$ Annual rate of deposit turnover..... . No~cultural placementa ........• LAMPASAS (pop. 5,061) Postal receipts• .....................$ Building permits, leea federal contract& $ Bank debits (thousands) ....... .. ....$ End-of-month depoalta (thouaands>i.. $ Annual rate of depoelt turnover..... . 2,244 -10 1,500 -86 1,465 -11 1,262 4 18.7 -8 10,872 + 16 69,081 -70 9,389 -7 6,239 + 6 18.6 -10 53,700 •• 10,420 1 6.6 + 8 ..t + 8 + St + 4 12,827 + 10 265,105 +135 15,575 -11 16,197 -8 11.1 -8 106 + 47 + 22 -32 -23 + 2 -23 + 61 + 14 + 3 + 16 + 2 -5 -15 -54 8 + 7 + 7 +167 -1 -16 + 14 + 13 5,148 -5 -1 97,400 +114 7,819 + 5 5 6,616 + 2 4 14.8 + 5 1 Percent change Local Business Conditions May 1963 May 1963 May from from City and item 1963 Apr 1963 May 1962 LAREDO (pop. 60,678) Postal recelpta• ....... ........ .. .. . . $ Building permita, less federal contracta $ Bank debita (thousands) .............$ End-of-month deposita (thouaands)t.. $ Annual rate of deposit turnover.. ... . Employment (area) .... ...... ...... . Manufacturing employment (area) . Percent unemployed (area) .. . ... .. . . Nonagricultural placementa ........• LEVELLAND (pop. 10,153) Postal recelpta• ........ . .......... .. $ Building permits, less federal contracts $ Bank debita (thousands) ... ..........$ End-of-month deposits (thousandsli..$ Annual rate of depoeit turnover..... . LIITLEFIELD (pop. 7,236) Retail sales Gasoline and service stations...... . General merchandise stores... ... .. . Postal recelpta• .....................$ Building permits, leas federal contracts $ LLANO (pop. 2,656) Postal receipta• ........... ..........$ Building permits, less federal contracts $ Bank debita (thousands) ... ..........$ End-of-month deposita (thousands!*..$ Annual rate of deposit turnover..... . LOCKHART (pop. 6,08() Retail sales Automotive stores ....... . ....... . . Postal receipta• ... . .................$ Building permits, less federal contracts $ Bank debita (thousands) ..... ... .....$ End-of-month deposita (thousands>:..$ Annual rate of depoait turnover ..... . LONGVIEW (pop. (0,050) Retail sal• Lumber, building material, and hardware stores............ . Postal receipta• . ....................$ Building permita, lesa federal contracts $ Bank debita (thousands) .............$ End-of-month deposita (thousands!*.. $ Annual rate of deposit turnover..... . Employment (area) ................ . Manufacturing employment (area) . Percent nnemployed (area) ......... . 36,666 -16 + 5 274,818 + 92 +697 39,878 + 6 + 11 24,429 8 -2 18.6 + 7 + 11 19,200 + 8 1,260 •• 9.1 -10 870 -15 -37 9,435 + 19 + 18 123,424 -16 -58 11,676 3 1 11,187 7 3 12.1 + 6 2 + 5t + 2 -11 + 5t -3 + 6 10,484 + 49 + 84 211,000 +134 + 21 3,611 + 49 + 44 16,700 +1292 + 6 3,465 + 18 -10 3,627 - 3 - 1 11.3 + 22 -12 ..t + 7 •• 4,884 + 15 + 29 154,099 +1997 +1243 5,361 + 7 + 19 5,014 -6 -7 12.5 + 10 + 29 + St -25 -25 55,089 -9 + 11 536,500 + 52 -28 48,894 3 8 37,646 -2 + 2 15.5 -3 -9 28,600 •• •• 5,590 •• + 1 4.7 -4 + 47 LOS FRESNOS (pop. 1,289) LA PORTE (pop. (,512) Postal receipta• .....................$ 1,484 + 35 + 23 Bank debits (thousands) .............$ 4,794 Bank debita (thouaands) .............$ 1,413 + 37 -15 + 11 + 41 End-of-month deposlta (thouaands>i.. $ 2,585 -83 -13 End-of-month deposits (thousands) i . .$ 1,314 + 6 + 18 Annual rate of deposit turnover..... . 17.9 + 82 + 85 Annual rate of deposit turnover ..... . 13.3 + 30 -24 I Percent changePercent change Local Business Conditions Local Business Conditions May 1963 May 1963 May 1963 May 1963 May from from May from from 1963 Apr 1963 May 1962 City and item 1963 Apr 1963 May 1962City and item MARSHALL (pop. 23,846) LUBBOCK (pop. 128,691) Retail sales . . . . . . . . . . . . . . . . . .. . .. . . . + St + 2 -7 Retail sales + St -s + 2 Apparel st.ores . . . . . . . . . . . . . . . . . . . . -2t -28 -1 Apparel stores ... ...... ... . ... · · .. -2t -27 + Postal receipts• .....................S 29,344 -4 + 10 Automotive st.orea .............. · · · ••t -7 + 4 Building permits, leas federal contracts $ 2,177,247 +1S43 +1055 Furniture and household Bank debits (thousands) ...... .. .....$ 17,3S4 -2 + 2 appliance et.ores ............ · · · · · + 20t + 23 + 27 End-of-month deposits (thousands>:.. $ 22,27S •• + 16-4 -4General merchandise et.ores... .. .. . . + st Annual rate of deposit turnover...... 9.3 3 -7 + 9 + 34 Postal receipta• ..................... $ 213,208 Nonagricultural placements . . . . . . . . . 229 + 7 -16 Building permita, less federal contract• $ 2,371,176 -87 -41 Bank debits (thousands) .............$ 219,924 + + 8 End-of-month deposits (thousandsH .. $ 119,4S2 -6 1 Annual rate of deposit turnover. . . . . . 21.4 + 5 + 8 MESQUITE (pop. 27,526) Employment (area) . . . . . . . . . . . . . . . . . S4,400 •• + 6 1 + 4 Retail sales Manufacturing employment (area) . 6,010 -3 s Eating and drinking places..... . . . + 4t + 4 + 12Percent unemployed (area). . . . . . . 3.7 Postal receipts• .....................$ 14,20S -s + 7 Building permits, less federal contracts $ 606,803 -33 -73 Bank debits (thousands) . . ...... . $ 7,632 -23 + 18 End-of-month deposits (thousands)t.. $ S,6S6 -11 -4 LUFKIN (pop. 17,641) Annual rate of deposit turnover..... . lS.2 -23 + 21 Retail sales Employment (area) . .. ............. . 485,100 •• + 7 Automotive stores ...... . ...... .. . . ••t -26 -7 Manufacturing employment (area). 106,S75 •• + 2 Postal receipts• . . ..... ....... .. .....$ 2S,168 -7 + 20 Percent unemployed (area) . ........ . 3.4 -6 + 10 Building permits, less federal contracts $ 899,300 -55 +309 Dank debits (thousands) .$ 28,844 + 7 + 6 End-of-month deposita (thousands)t .. $ 28,782 + 2 -4 12.1 MERCEDES (pop. 10,940) Annual rate of deposit turnover..... + 2 + 8 Nonagricultural placements 65 -34 -24 Postal receipts• ... . .................$ 5,438 -33 + 14 Building permits, less federal contracts $ 48,873 + 60 +138 Bank debits (thousands) .............$ 6,720 + 2 -14 End-of-month deposits (thousands>:.. $ 8,461 -17 McALLEN (pop. 32,728) + Annual rate of deposit turnover..... . 19.0 -2 Retail sales . .. ................. .... . + st -2 + 10 Apparel et.ores . . .. . . .. . . ......... . -2t -23 + Automotive st.ores ... .. . .... .... .. . ••t + 2 + 13 MEXIA (pop. 6,121) Food stores ...... ..... ..... ...... . + 2t + 3 6 Postal receipts• .....................S 5,312 -11 -11 Furniture and household Building permits, less federal contracts $ 75,500 +236 nvDliance stores . . .. . ........... . + 20t 7 + 8 Bank debits (thousands) . . ....... . ...$ 3,926 + 1 Gasoline and 21erviee stations.. .... . + St + 8 End-of-month deposits (thousands)t.. $ 4,449 + Postal receipta• ................. ....$ 32,067 + 2 + 21 Building permits, less federal contracts $ l 72,4S5 + 6 -SS Annual rate of deposit turnover..... . 10.4 4 Bank debits (thOlll&Jlds) .............$ 30,288 4 1 End-of-month deposits (thousands)t .. $ 2S,SS9 3 + 4 Annual rate of deposit turnover..... . 14.0 4 -6 MIDLAND (pop. 62,625) Nonagricultural placements ........ . 366 + 2 -53 Retail sales Drug et.ores . . . . . . . . . . . . . . . . . . . . . . . + St + + s Postal receipts . .....................S 104,681 + + 13 McCAMEY (pop. 3,375) Building permits, less federal contracts $ 1,199,600 + 13 -31 Bank debits (thousands) ........ . ....$ 150,77S + 3 + 15 Postal receipts• ...... .. .............$ 3,057 + 9 + 25 End-of-month deposits (thousands>:.. $ 96,544 4 + s Bank debits (thousands) ...... .... ...$ 1,806 + 8 + 1 Annual rate of deposit turnover. . . . . . 18.3 + 5 + 11 End-of-month deposits (thousands) t .. $ l,731 5 3 Employment (area) . . . . . . . . . . . . . . . . . S7,600 + + 6 Annual rate of deposit turnover..... . 12.2 + 9 + 6 Manufacturing employment (area) . 4,140 •• + 49 Percent unemployed (area) . 3.1 -6 -14 Nonagricultural placements . . . . . . . . . 676 -13 -17 McGREGOR (pop. 4,642) Building permits, less federal contracts $ 46,SOO +4S50 +s20 MIDLOTHIAN (pop. 1,521) Dank debits (thousands) .............$ 3,422 -16 + 10 Building permits, less federal contracts $ 1,685 -84 -96 End-of-month deposits (thousands)t .. $ S,408 1 6 -+ Bank debits (thousands). . .........$ l,293 + 17 + 21 Annual rate of deposit turnover... .. . 7.6 -14 + 4 End-of-month deposits (thousands>: .. $ 1,629 -7 + 16 Annual rate of deposit turnover..... 9.2 + 23 + 3 McKINNEY (pop. 13,763) MINERAL WELLS (pop. 11,053) Postal receipts• ... .. ................$ 12,678 -s + 18 Postal receipts• . .......... . . . .......$ 13,244 -31 + 20 Building permits, less federal contracts $ 82,350 + 21 + 89 Building permits, leas federal contracts $ 217,3SO +Sl3 +139 Bank debits (thousands) ..$ 10,292 + 16 2 + 7 Bank debits (thousands) .............$ 13,946 + 9 End-of-month deposits (thousands) t .. $ 9,088 -3 -2 End-of-month deposits (thousands) t .. $ 11,724 s + 13 Annual rate of deposit turnover... . 13.4 + 1 + 6 Annual rate of deposit turnover..... 13.9 + 9 + 2 Nonagricultural placements ........ . 115 -12 -35 Nonagricultural placements 117 9 -10 ~~~~~~~~~~~~~ 172 TEXAS BUSINESS REVIEW Local Business Conditions Percent change City and item May 1963 May 1963 from Apr 1963 May 1963 from May 1962 MISSION (pop. 14,081) Percent change Local Business Conditions May 1963 May 1963 May from from City and item 1963 Apr 1963 May 1962 ODESSA (pop. 80,338) Retail sales Furniture and household appliance storf!l! . . ... . . . . + 20t + 15 - 2 Postal receipts• .. . ... .... . . ... . .. ...S 87,899 + 16 + 31 Building permits, less federal contracts $ 658,345 + 54 + 5 Bank debits (thousands) ... .. .. . . ... . $ 82,812 + 6 + 2 End-of-month deposits (thousands)t.. $ 76,573 + + 10 Annual rate of deposit turnover..... . 13.0 + 4 - 8 Employment (area) . .. .. ........... . Manufacturing employment (area) _ 57,600 4,140 + 1•• + 5 + 49 Percent unemployed (area) . 3.1 - 6 -14 Nonagricultural placement.'! . . . .. .. . . 454 - 16 -24 Postal receipts• . . . .. ............... . S 8,797 - 2 + 8 Building permits, less federal contracts $ 116,250 +140 +264 Bank debits (thousands) ... . .........$ 10,581 - 6 - 2 End-of-month deposits (thouaands) i ..$ 8,150 - 1 - 6 Annual rate of deposit turnover..... . 15.5 - 2 + 1 MONAHANS (pop. 8,567) Postal receipts• . ... ................ .$ 8,755 -19 + 1 Building permits, less federal contracts $ 44,515 -17 -59 Bank debits (thousands) .. . ... .. .....$ 11,127 + 8 + 8 End-of-month deposits (thousands) i .. $ 7,197 - 4 - 7 Annual rate of deposit turnover..... . 18.1 + 10 + 20 ORANGE (pop. 25,605) Postal receipts• ....... . . . . ..... . ... . $ Building permits, less federal contracts $ Bank debits (thousands) . . .......S End-of-month deposits (thousands)t.. $ Annual rate of deposit turnover..... . Employment (area) ..... .. ... . .... . Manufacturing employment (area) . Percent unemployed (area) . ... ..... . Nonagricultural placements . . ..•.•.. MOUNT PLEASANT (pop. 8,027) Retail sales Apparel stores . . . . ............ .. . -2t -5 -16 Postal receipts• ...................$ 11,056 -3 + 17 Building permits, less federal contracts $ 36,640 -56 + 5 Bank debits (thousands) . .. . .........$ 9,709 + 3 -8 End-of-month deposits (thousands) i . .$ 7,570 + 4 -12 Annual rate of deposit turnover..... . 15.7 + 3 + 4 29,471 129,891 32,312 24,021 15.5 107,100 35,460 7.6 164 + 11 + 13 + 16 -69 -8 + 2 + 1 -18 + 21 -42 + 5 _,_ 9 6 + + 21 -30 MUENSTER (pop. 1,190) Postal receipts• ... ............ , . ....$ 1,901 + 67 + 73 Bank debits (thousands) ............ .$ 2,378 + 6 + 12 End-of-month deposits (thousands) i .. $ 2,063 -5 + 15 Annual rate of deposit turnover .. . .. . 13.5 + 9 •• PALESTINE (pop. 13,974) Postal receipts• . ... . ...... . . ... .. ...$ Building permits, less federal contracts $ Bank debits (thousands) . . . . ... . . $ End-of-month deposit.'! (thousands) i ..$ Annual rate of deposit turnover.. . .. . 17,987 388,021 10,804 15,219 8.5 + 33 +173 1 + 2 + 50 1 + + 6 NACOGDOCHES (pop. 12,674) Retail sales Apparel storf!l! ............... . ... . -2t Postal receipts• . ... ..... . .. .. .......S 19,658 Building permits, less federal contracts $ 582,775 Bank debits (thousands) . . . . . . . . . . .. $ 18,554 End-of-month deposits (thousands) t .. $ 17,743 Annual rate of deposit turnover .... . 12.4 Nonagricultural placements ........ . 158 NEDERLAND (pop. 12,036) Postal receipts• .................. .. $ 8,595 Building permits, less federal contracts $ 220,151 Bank debits (thousands) .... .. .. ... .. $ 5,401 End-of-month deposits (thousands) i ..$ 3,663 Annual rate of deposit turnover.. ... . 16.5 -5 + 14 +1240 - 5 - 2 - 3 + 68 + 10 + 57 -12 -13 -7 -11 + 59 +1385 + 12 + 15 + 52 -4 PAMPA (pop. 24,664) Retail saif!l! ...... . .. ............... . + st -6 -15 Eating and drinking places.......• + 4t + 11 2 Lumber, building material, and hardware stores. .. ......... . + 5t -8 4 Postal receipts• ................. ....S 27,925 + 13 + 13 Building permits, less federal contracts $ 35,750 -66 -61 Bank debits (thousands) . . . . . $ 23,834 9 -5 End-of-month deposit.'! (thousandsH.. $ 20,553 -8 •• Annual rate of deposit turnover..... . 13.4 -4 -6 Nonagricultural placements ...... .. . 143 -25 -48 PARIS (pop. 20,977) Retail salf!l! .. . ....... .... ... ..... .. . + 5t -14 - 7 Apparel stores .. ...... .. ... . .. . •. . Automotive stores .... . .. . ....... . . - 2t ••t -31 -23 -9 -13 Lumber, building material, and hardware stores.. .... . + St -18 -19 Postal receipts• .. . ...... .. .... ..... .$ 23,795 -22 + 27 Building permit.'!, less federal contracts $ Bank debits (thousands) . . . . ...$ 195,556 16,749 + 7 -3 -84 •• End-of-month deposits (thousands) i ..$ Annual rate of deposit turnover .. ... . 14,222 14.0 - 2 •• + 7 -5 Nonagricultural placement.'! 105 + 42 -29 + 30 -34 - 1 - 1 - 4 NEW BRAUNFELS (pop. 15,631) Postal receipts• ................ . ....$ 19,673 -10 + 8 Building permits, less federal contracts $ 128,402 -4 -88 Bank debits (thousands) . .... . .. . ... . $ 13,265 + 4 + 13 End-of-month deposits (thousands) t -. $ 11,990 -2 + 4 Annual rate of deposit turnover. .... . 13.1 + 6 + 10 NORm RICHLAND mLLS (pop. 8,662) Building permits, less federal contracts $ 248,258 -29 -10 Bank debite (thousands) ...... .......$ 3,067 + 5 End-of-month deposits (thouaands) i ..$ 1,623 + 1 Annual rate of deposit turnover.. ... . 22.8 + 1 PASADENA (pop. 58,737) Retail sale8 .............. .... ...... . + 5t + 5 + 1 Apparel stores . . . . . . . . . . . • . • . 2t 6 2 General merchandise stores . . . . . . . . . + St 3 6 Postal receipts• .....................S 46,363 + .1. 18 Building permits, less federal contracts $ 2,549,500 -15 _,_ 67 Bank debits (thousands) .... . ........$ 55,301 + 7 17 End-of-month deposits (thousands) i ..$ 27,393 -t-7 Annual rate of deposit turnover. . . . . . 23.6 + 7 + 9 Percent change Percent change Local Business Conditions Local Business Conditions May 1963 May 1963 May 1963 May 1968 May from from May from from City and item 1968 Apr 1963 May 1962 City and item 1968 Apr 1963 May 1962 RAYMONDVILLE (pop. 9,385)PECOS (pop.12,728) Postal receipts• .....................' G,782 -21 Postal receipts• .....................$ 10,545 -14 + 11 + 2 Building permits, less federal contracts $ 2G,400 Building permits, less federal contracts $ 21,565 -57 -54 -46 -8 -26 -46 Bank debits (thousands) .............$ 6,948 + 23 + 12 Nonagricultural placements .. .. .... . 53 End-of-month deposits (thousands) i . .$ 7,727 + 5 + 18 Annual rate of deposit turnover... .. . 11.0 + 22 -4 Nonagricultural placements + G5 -13 -64 PHARR (pop. 14,106) Postal receipts• . .. ... . .. ... .........$ 6,724 + 10 + 13 ROBSTOWN (pop. 10,266) Building permits, less federal contracts $ 45,200 + 56 + 51 4,140 -11 8 Postal receipts• ..... ........... .....$ 6,715 -1 + 22 Bank debits (thousands) .. . .... . .....$ 4,116 -13 8 Building permits, less federal contracts $ 18,400 -92 -39End-of-month deposits (thousands) i . .$ 9 Bank debits (thousands) .............$ 9,326 •• + s Annual rate of deposit turnover.. ... . 11.2 -7 End-of-month deposits (thousands)t..$ 7,947 8 7 Annual rate of deposit turnover..... . 13.5 + G + 9 PILOT POINT (pop. 1,254) ROCKDALE (pop. 4,481) Bank debits (thousands) .............$ l,157 -15 + 4 End-of-month deposits (thousands)t . . $ 1,577 -5 + 12 Postal receipts• .....................$ G,889 + 35 + 14 Annual rate of deposit turnover. .... . 8.6 -10 -9 Building permits, less federal contracts $ 9,400 -81 -20 Bank debits (thousands) .............$ 4,484 + 10 + 10 End-of-month deposits (thousands) i . .$ 5,747 -4 + 4 Annual rate of deposit turnover..... . 9.2 + 12 + 6 PLAINVIEW (pop. 18,735) Retail sales Automotive stores ................ . ••t -25 + 6 SAN ANGELO (pop. 58,815) Postal receipts• .....................$ 24,658 + 5 + 22 Retail Bales . . . . . . . . . . . . . . . . . . . . . . . . • + Gt + 9 -6 Building permits, less federal contracts $ 600,650 -22 +423 General merchandise stores. . . . . . . . . + Gt + 6 -8 Bank debits (thousands) ... .. ....... .$ 36,488 + 2 + 11 Postal receipts• .....................$ 92,160 + 6 + 18 End-of-month deposits (thousands) i ..$ 26,316 -8 + 7 Building permits, less federal contracts $ 833,180 -19 + 16 Annual rate of deposit turnover..... . 16.0 + 9 + 5 Bank debits (thousands) ............. $ 61,032 + 12 + 8 Nonagricultural placements ........ . 256 -18 + 22 End-of-month deposits (thousands)t..$ 48,196 + 3 + Annual rate of deposit turnover. . . . . . lG.4 + 11 + Employment (area) . . . . . . . . . . . . . . . . . 20,150 + 1 + 2 Manufacturing employment (area) . 8,290 + 1 + 11 PLANO (pop. 3,695) Percent unemployed (area) . . . . . . . . . . 4.6 2 + 18 Postal receipts• . . .............. ... ..$ 6,115 + 24 + 21 Building permits, less federal contracts $ 153,535 -70 -86 Bank debits (thousands) ......... ....$ 1,917 •• -16 SAN ANTONIO (pop. 587,718) End-of-month deposits (thousands) i .. $ 2,160 1 + 1 Retail sales ........................ . + 7t + 8 + 8 Annual rate of deposit turnover..... . 10.6 + 5 -17 Apparel stores ................... . -Gt 6 + 2 Automotive stores ................ . + 14t + 8 + 10 Drug stores ...................... . + Gt + 5 •• Eating and drinking places....... . + 2t 3 + 7 PORT ARTHUR (pop. 66,676) Food stores ...................... . + St + 11 •• Retail sales . ......... .. .. ... . .....• • + Gt 6 + Furniture and household Apparel stores ................... . 2t 5 Food stores . ........ . ............ . + 2t + 7 1 + 9 appliance stores ................ . + 28t + 20 Gasoline and service stations...... . + Gt -10 Furniture and household General merchandise stores........ . + 11t + 11 + avvliance stores ................ . + 20t + 10 + 4 Jewelry stores ................... . + 66 -10 Gasoline and service stations... .. . . + 5t -1 -11 Lumber, building material, Postal receipts• .................•••.• 48,105 -24 •• and hardware stores............ . + 2t + 12 -10 Building permits, less federal contracts $ 306,046 -41 -9 Nurseries ..................•...•.• -39 -18 Bank debits (thousands) ........ .. ...$ 69,041 + 12 •• Postal receipts• ........ .............' 83G,403 -1 + 16 End-of-month deposits (thousands) i ..$ 42,213 -9 ­3 Building permits, less federal contracts $ 5,32G,758 + 54 -7Annual rate of deposit turnover..... . 18.7 + 10 + 1 Bank debits (thousands) .............$ 818,112 + 16 Employment (area) ...... . ......... . 107,100 •• •• End-of-month deposits (thousands)t..$ 418,289 -+ 2 5 + 6Manufacturing employment (area) . 35,460 + 2 + 2 Annual rate of deposit turnover... : . . 23.5 + 5 + Percent unemployed (area) ........ . . 7.6 + 1 + 21 Employment (area) . . . . . . . . . . . . . . . . . 210,800 •• + Manufacturing employment (area) . 25,850 + 1 + Percent unemployed (area).. ....... . 4.9 -2 + PORT ISABEL (pop. 3,575) Postal receipts• .....................$ 2,197 + 33 + 19 SAN BENITO (pop.16,422) Bank debits (thousands) .............$ 1,248 + 15 + 21 Retail sales End-of-month deposits (thousands) i . .$ 1,326 + 22 + 56 Automotive stores ...... .......... . ••t + 9 + 48 Annual rate of deposit turnover. . ... . 12.4 + 11 -11 Postal receipts• .....................$ 8,544 + 33 + 82 Building permits, less federal contracts $ 21,125 -64 -26 PORT NECHES (pop. 8,696) SAN JUAN (pop. 4,371) Postal receipts• . . ........... . .... . ..$ 6 946 + 12 + 12 Postal receipts• .....................$ 2,590 + 19 + 84 Building permits, less federal contracts $ 317' 570 +155 +225 Building permits, less federal contracts $ 1,650 -90 -96 Bank debits (thousands) .............$ 7:942 •• + 1 Bank debits (thousands) .............$ 1,921 G + 7 End-of-month deposits (thousands) i ..$ 5,345 7 -10 End-of-month deposits (thousands) i ..$ 1,884 GAnnual rate of deposit turnover. . . . . . 17.2 + 5 + 9 Annual rate of deposit turnover..... . 11.9 1 + 174 TEXAS BUSINESS REVIEW Local Business Conditions City and item May 1963 Percent change May 1963 May 1963 from from Apr 1963 May 1962 SAN MARCOS (pop.12,712) Postal receipts• .............. .. ...$ Building permits, less federal contracts $ Bank debits (thousands) .... . ........$ End-of-month deposits (thousandsJi ..$ Annual rate of deposit turnover.... . . SAN SABA (pop. 2,728) Postal receipts• .... .................$ Bank debits (thousands) . . ...........$ End-of-month deposits (thousands) i .. $ Annual rate of deposit turnover.. ... . SEAGOVILLE (pop. 3,745) Postal receipts• .. ...................$ Building permits, less federal contracts $ Bank debits (thousands) . . .....$ End-of-month deposits (thousands)t.. $ Annual rate of deposit turnover... .. . SEGUIN (pop. 14,299) Postal receipts• . . . . . . . . . . . . . . $ Building permits, less federal contracts $ Bank debits (thousands) ............ .$ End-of-month deposits (thousands) i ..$ Annual rate of deposit turnover..... . SHERMAN (pop. 24,988) Retail sales ........................ . + 5t + 12 4 Automotive stores . .. . .. . .. . ••t + 18 5 General merchandise stores.... ... . . + 5t + 4 4 Lumber, building material, and hardware stores............ . + 5t + 49 3 Postal receipts• ...... .. .............$ 34,485 -20 + 23 Building permits, less federal contracts $ 269,938 -40 + 30 Bank debits (thousands) .............$ 29,643 + 6 + 14 End-of-month deposits (thousands) i ..$ 18,286 -6 -3 Annual rate of deposit turnover.. .. . . 18.9 + 9 + 15 Nonagricultural placements ........ . 229 + 12 -2 SILSBEE (pop. 6,277) Postal receipts• ... .. .. .. .....$ 7,889 -3 + 8 Building permits, less federal contracts $ Bank debits (thousands) .............$ 14,743 4,609 -78 •• -69 + 8 End-of-month deposits (thousandsJi .. $ 5,534 1 + 8 Annual rate of deposit turnover..... . 9.9 + 1 + 3 SINTON (pop. 6,008) Postal receipts• .. . ........ . .. . ......$ Building permits, less federal contracta $ Bank debits (thousands) .............S End-of-month deposits (thousands>* .. $ Annual rate of deposit turnover..... . SLATON (pop. 6,568) Postal receipts• . ........... .. .......$ Building permits, less federal contracta $ Bank debits (thousands) .. ... ........$ End-of-month deposits (thousands) i ..$ Annual rate of deposit turnover..... . Employment (area) . .... .......... . Manufacturing employment (area) . Percent unemployed (area) . . ....... . SMITHVILLE (pop. 2,933) Postal recelpta• .. ...................$ Building permits, less federal contracta $ Bank debits (thousands) .......... ...$ End-of-month deposit.a (thousands) i ..$ Annual rate of depoelt turnO'fer..... . JULY 1963 10,944 -7 + 20 101,378 + 21 +387 8,938 + 11 + 20 9,098 •• + 18 11.8 + 10 + 10 2,926 -5 -4 4,952 + 17 •• 4,525 + 4 3 13.4 + 16 + 3 4,377 + 16 + 94 44,824 + 86 +307 2,779 + + 25 1,514 7 + 11 21.2 + 2 + 13 11,350 + 10 + 18 110,790 + 13 + 14 14,889 + 37 + 49 14,678 -2 •• 12.0 + 38 + 43 5,707 -16 + 4 11,061 + 57 -93 4,822 + 4 + 2 4,283 -8 5 11.6 + 10 + 6 4,330 + 2 + 28 89,850 -47 +612 4,144 + 3 + 19 4,108 -14 + 11.2 54,400 + 11•• + 12 + 6 6,010 1 + 4 3.7 - 3 5 2,166 -7 -4 18,050 +1288 -51 l,211 1 + 4 2,858 2 + 4 6.1 2 2 Percent change Local Business Conditions May 1963 May 1963 May from from City and item 1963 Apr 1963 May 1962 SNYDER (pop. 13,850) Postal receipts . ...............$ 14,085 Building permits, less federal contracts $ 42,900 Bank debits (thousands) . . . .$ 11,506 End-of-month deposits (thousands) i .. $ 16,347 Annual rate of deposit turnover. 8.2 SOUTH HOUSTON (pop. 7,253) Postal receipts• .$ 7,325 Building permits, less federal contracts $ 52,953 Bank debits (thousands) . .$ 5,863 End-of-month deposits (thousands)t..$ 4,0lS Annual rate of deposit turnover. . . . . . 16.7 SULPHUR SPRINGS (pop. 9,160) Postal receipts• ................. . . . . $ 12,490 Building permits, less federal contracts $ 69,900 Bank debits (thousands) . . ...$ 11,862 End-of-month deposits (thousands) i . . $ 12,363 Annual rate of deposit turnover. 11.4 SWEETWATER (pop. 13,914) Postal receipts• ... .............. ... .$ Building permits, less federal contracts $ Bank debits (thousands) .............$ End-of-month deposits (thousands) i . .$ Annual rate of deposit turnover. . . . . . Nonagricultural placements . . . . . . . . . TAYLOR (pop. 9,434) Retail sales Automotive stores ......... ....... . Postal receipts• . . ..............$ Building permits, less federal contracts $ Bank debits (thousands) ... . .. . ......$ End-of-month deposits (thousands) i .. $ Annual rate of deposit turnover..... . Nonagricultural placement.a ... . .... . 12,823 68,200 ll.S47 9,979 13.9 109 TEMPLE (pop. 30,419) Retail sales ...... . ................. . + st + 3 Apparel stores ................... . 2t -lS Furniture and household appliance stores ................ . + 20t + 24 + 8 Lumber, building material, and hardware stores............ . + st -10 -18 Postal receipts• ...... . .. . .. . ........$ 45,439 -2 + 24 Bank debits (thousands). . ......$ 29,148 + 5 + 11 Nonagricultural placement.a 240 -10 -26 TERRELL (pop. 13,803) Postal receipts• . . . . . . . . . . . . . . $ 10,160 -16 + 15 Building permits, less federal contracts $ 209,64S +8s +174 Bank debits (thousands) .. . .... ......$ 8,235 4 + 12 End-of-month deposits (thousands) i . .$ 7,896 -7 1 Annual rate of deposit turnover..... . 12.1 -1 + 4 Nonagricultural placement.a ... . 67 -11 7 **t 8,049 57,475 7,509 12,988 6.8 33 TEXARKANA, TEX. (pop. 30,218) Retail sales Automotive stores ................ . Furniture and household appliance stores . . . ...... .. ..... . Postal receipts•§ .... . . . .............$ Building permits, less federal contracts§ ........................ $ Bank debits (thousands) .. . .... ... . .. $ End-of-month deposits (thousands) U. $ Annual rate of deposit tnrnover§ ... . Employment (area) .. ..... . ........ . Manufacturing employment (area) . Percent nnemployed (area) ........ . . ••t + 20t 61,853 583,528 6S,273 18,796 19.1 31,800 6,630 S.7 + 9 + 43 +118 -24 1 -24 6 - 4 + 4 -23 + 1 + 22 -63 -93 + lS + 24 - 9 + 24 + lS - 3 + 11 + 50 -S2 + 9 + 8 2 1 7 + 9 + 10 + 17 -30 -61 + + 10 •• -1 + 6 + 11 + 17 -34 + 2 -2 -14 + 37 +143 -42 5 + 9 -4 + 8 -1 •• + 38 -55 + 23 + 33 + 4 + 91 + 3 5 -•• 1 + 2 -3 +113 + 2 + 12 +105 + lS + 11 + & + 4 + 34 7 Percent change Percent change Local Business Conditions Local Business Conditions May 1963 May 1963 May 1963 May 1963 May from from May from from 1963 Apr 1963 May 1962 City and item 1963 Apr 1963 May 1962City and item WACO (pop. 103,462r) TEXAS CITY (pop. 32,065) 25,566 + 6 + 12 Retail sales ... + 5t + Postal receipts• . . . . .........$ +196 +211 Apparel stores 2t Building permits, less federal contracts $ 838,865 + Automotive stores ................ . Bank debits (thousands) . . . . . $ 26,022 •• + 8 *''t + + End-of-month deposits (thousands) t .. $ 13,810 -9 -8 General merchandise stores. + 5t + 13 Annual rate of deposit turnover.... . . 21.6 + 1 + 19 Lumber, building material, Employment (area) .. .. 53,700 •• + 2 and hardware stores.... . + 5t + 10 -15 Manufacturing employment (area) . 10,420 1 -5 Postal receipts• . . ..................S 199,965 + 1 + 23 Percent unemployed (area) .. ... 6.6 + 3 -15 Building permits, less federal contracts $ 1,599,362 + 23 + 11 Bank debits (thousands) . . .. . ......$ 125,185 + + 6 End-of-month deposits (thousands) t .. $ 69,405 -2 Annual rate of deposit turnover.... . . 21.5 + 3 TOMBALL (pop. 1,713) Employment (area) ............... . 51,200 •• + + Bank debits (thousands) .... .... ... .. $ 8,249 8 + 11 Manufacturing employment (area) . 10,410 + +End-of-month deposits (thousand•) t .. $ 5,587 + 5 + 7 Percent unemployed (area) ......... . 4.6 -4 + 12 Annual rate of deposit turnover... . . . 18.2 2 + 14 WEATHERFORD (pop. 9,759)TYLER (pop. 51,230) Postal receipts• .... ........... .....• 9,087 -26 2 Retail sales .......... . ..... ........ . + 5t + 3 3 + Building permits, less federal contracts $ 263,646 +242 +m Apparel stores ...... ............. . -2t -17 9 End-of-month deposits (thousands) t .. $ 13,300 -3 -5 Automotive stores . . . . . . . . . . . . . . . . . ••t + 12 4 Postal receipts ..... ........... .. . ...S 114,405 -2 + 14 Building permits, less federal contracts $ 1,264,669 + 82 -10 Bank debits (thousands). . .$ 109,348 + + 9 WESLACO (pop. 15,649) End-of-month deposits (thousands) t .. $ 67,007 •• + 9 Retail sales Annual rate of deposit turnover. . . . . . 19.6 + 7 + 2 Automotive stores . . . . . . . . . . . . . . . . . •l<*t -6 -11 Annual rate of deposit turnover...... 17.7 -12 Furniture and household appliance stores ............. . ... + 20t + 18 + 13 General merchandise stores . ........ + st -12 + VERNON (pop. 12,141) Postal receipts ..............• 145,341 •• + H Postal receipts• ................... .S 13,849 -7 + 44 Building permits, less federal contracts $ 776,865 + 8 -55 Building permits, less federal contracts $ 213,93S +290 + 92 Bank debits (thousands) .............$ 128,251 + 2 + 6 Bank debits (thousands) .. ...........$ lS,817 + 7 + 12 End-of-month deposits (thousands)t.. $ 100,460 •• + 6 End-of-month deposits (thousands)t..$ 20,152 + 7 + 8 Annual rate of deposit turnover...... lS.2 + + Annual rate of deposit turnover. 9.7 + 3 + 7 Employment (area) ....... ......... 4S,800 + + Nonagricultural placements .. 96 + + 13 Manufacturing employment (area). 4,000 •• + Percent unemployed (area). 4.0 •• VICTORIA (pop. 33,047) Retail sales ....... ................. . + st + 4 4 LOWER RIO GRANDE VALLEY (pop. 352,086) Automotive stores ......... ....... . ••t 2 + (Cameron, Willacy, and Hidalgo Counties) Food stores ...................... . + 2t + Retail sales . . . . . . . . . . . . . . . . . . . . . . . . . + 5t •• + 4Furniture and household Apparel stores . . . . . . . . . . . . . . . . . . . . 2t -18 appliance stores .... ............ . + 20t + 17 6 Automotive stores . . . . . . . . . . . . . • . . . ••t •• +Lumber, building material, Drug stores . . . . . . . . . . . . . . . . . . . . . . . + 3t •• + 10 and hardware stores............ . + 5t + 11 -15 Eating and drinking places........ + 4t -18 Postal receipts• ......... ...... .....$ 44,756 + 16 + 28 3 Food stores . . . . . . . . . . . . . . . . . . . • . . . + 2t +Building permits, less federal contracts $ 784,180 + 43 + 81 Furniture and household Bank debits (thousands) ... ... .......$ 64,165 + 2 + appliance stores ............. . + 20t + 10 + 2 End-of-month deposits (thousands) t .. $ 80,823 Annual rate of deposit turnover 9.5 + Gasoline and service stations......• + St -1 8 4 534 Nonagricultural placements ... : : : : : : + General merchandise stores.... .... . + 5t •• + 13 -17 Jewelry stores . . . . ... . .........•.. + 15 Lumber, building material, and hardware stores..........•.. + 5t + + WAXAHACHIE (pop. 12,749) Office, etore, and echool Postal receipts• ... ...... .. ........ .S 26 675 -20 -1 supply dealers ................. . + 12 6 Building permits, less federal contracts $ 282.140 +220 •• +268 Postal receipts• ... ................. . + 16 Bank debits (thousands) .......... ...$ 10:778 + 2 + 16 Building permits, less federal contracts + 3 -25End-of-month deposits (thousandsJi..$ 9,S91 -3 + 3 Bank debits (thousands) . ... ........ . Annual :ate of deposit turnover...... 13.3 + 6 + 8 End-of-month deposits (thousands)t.. 4Nonagricultural placements . . . . . . . . . 50 -41 -S3 Annual rate of deposit turnover. . .. . . 16.0 1 176 BAROMETERS OF TEXAS BUSINESS All figures are for Texas unless otherwise indicated. All indexes are based on the average months for 1957·59, except where indi­cated; all are adjusted for seasonal variation, except annual indexes. Employment estimates are Texas Employment Commission data in cooperation with the Bureau of Labor Statistics of the U. S. Department of Labor. The index of Texas business activity is based on bank debits in 20 cities, adjusted for price level. An asterisk (•) indicates preliminary data subject to revision. Revised data are marked (r) . l\Iay 1963 Apr. 1963 May 1962 Year-to-date average 1963 1962 GENERAL BUSINESS ACTIVITY Texas business activity, index .. ..... . ... .. . .. . . ................ .. . . 142.6 139.2 137.1 135.3 131.4 Miscellaneous freight carloadings in SW District, index . . . ........ . . . 79.7 79.3 79.0 77.2 77.0 Ordinary life insurance sales, index . .............................. . 143.7 129.6 121.4 128.0 108.2 Wholesale prices in U. S., unadjusted index ...... . ...... . ......... . 100.1 99.7r 100.2 100.I 100.6 Consumers' prices in Houston, unadjusted index ................... . 104.4 104.7 104.7 104.6 Consumers' prices in U. S., unadjusted index . . .......... . ......... . 106.2 106.2 105.2 106.1 104.9 Income payments to individuals in U. S. (billions, at seasonally ad­ justed annual rate) .................................... . ...... . $ 458.2• $ 456.2r $ 439.7 $ 454.2 .$ 434.8 Business failures (number)_..... . .............. . .. . ... .. .......... . 50 41 45 50 38 Newspaper linage, index ................ . ... ... ........ .. ... ...... . 109.4 101.4 106.9 106.3 103.6 TRADE Total retail sales, index, 1957·59=100 . ............ ....... ......... . 114.2• 113.2r 113.lr Durable-goods sales, index, 1957-59=100 . .. .. .. ....... . ....... . . 122.4• II7.3r II7.7r Nondurable-goods sales, index, 1957-59=100 ................... . 109.9• Ill.Or 111.0r Ratio of credit sales to net sales in department and apparel stores ... . 69.7• 77.o• 69.6r 70.4 Ratio of collections to outstandings in department and apparel stores .. 33.3• 38.2• 33.4r 38.4 PRODUCTION Total electric power consumption, index ............ .... ..... ... ... . Industrial electric power consumption, index ..... .... . ........ . .. . . Crude oil production, index ... . ........ ....... . ...... . .. .. .. .. ... . Crude oil runs to stills, index ...... . .... . ........................ . Industrial production in U. S., index.. . .... . ..................... . Texas industrial production-total index . .. .... .... ...... .. . ....... . Texas industrial production-manufacturing index .................. . Texas industrial production-durable goods, index ...... . ........ . .. . Texas industrial production-nondurable goods, index ...... . ........ . Texas mineral production, index .......... ........................ . Average daily production per oil well .............................. Construction authorized, index, 1957-59=100 .. .......... . .......... . Residential building, 1957-59=100 .. ................ .. ......... . Nonresidential building, 1957-59=100 . ....... ... ... . . ..... ..... . 148.2• 135.0• 96.9• 106.5 123.8• 118 131 125 135 102 12.6 136.7 133.3 144.9 147.7 137.6 92.2r IIO.l 122.5r ll5 130 124r 134 96 12.5 123.9 ll6.7 132.1 132.5r 125.2r 93.0 lll.9 ll8.4r 113 122 118 129 lOOr 12.4 129.3 119.6 141.1 140.6 130.6 92.2 109.9 121.4 115 129 123 134 97 12.5 131.6 119.8 148.6 129.0 121.6 91.5 107.2 116.7 111 122 116 127 96 12.7 122.4 114.8 136.7 AGRICULTURE Pr!ccs received by farmers, unadjusted index, 1910-14=100 . . ....... . Pnc_es paid by farmers in U. S., unadjusted index, 1910-14=100 ..... . Ratio of Texas farm prices received to U. S. prices paid by farmers .. 258 311 83 265 3ll 85 263 307 86 263 311 85 260 306 85 FINANCE n k I b' . dBank ~e 1~ts, m ex.: .. . ............ .... . .. .... . ..... ...... .. .. .. . . an _ents, U. S., mdex .. . .... .............. .. ................ .. Reportmg member banks, Dallas Reserve District: $ 142.7 $ 148.8 $ 138.9 $ 148.4r 137.4 $ 138.2 .$ 135.5 $ 147.3 s 132.1 $ 134.8 Loans (millions) .... .. .. . ........................... .. . ... . Lo~ns and investments (millions) .. .. ................ . . ...... : : Adiusted _demand deposits ( millions) ........ . ....... .. .... .. . . Revenue. receipts of the State Comptroller (thousands) . ..... .. .. . . . · Federal mternal revenue receipts (thousands) ... .... .... .... .. ..... : LABOR $ 3,581 $ 5,714 $ 2,828 $232,411 $561,416 $ 3,578 $ 5,757 $ 2,854 $152,624 $426,168 s 3,305 $ 5,274 $ 2,842 $203,814 $491,105 $ 3,547 $ 5,694 $ 2,879 $150,381 $407,692 $ 3,282 $ 5,287 s 2,860 $140,867 $377,257 Total nonagricultural. employment (thousands) ................... . Total manufactunng employment (thousands) ..... . ......... .. . Durable-goods employment (thousands) ................ . Non~urable-goods employment (thousands) ............. : : · Total nonagncult~ral labor force in 18 labor market areas (thousands>" Employment m _18 labor market areas (thousands) ............. . Manufacturing employment in 18 labor market areas 2,692.5• 507.o• 250.6• 256.4• 2.434.4 2,266.8 2,685.8r 504.2r 248.0r 256.2r 2,422.0 2,255.6 2,626.5r 500.4r 241.6r 258.8r 2,337.3 2,173.8 2,660.3 502.3 246.0 256.3 2,415.8 2,240.5 2,599.0 498.5 239.9 258.6 2,326.4 2,157.4 T (thousands) ... . ..... . .... .. ... . ...... . otal unemployment in 18 labor market areas (th~~~~~>":::::: A Percent of labor force unemployed in 18 labor market areas verage weekly hou~-manufacturing, index ...... .. ...... . ....... : : Average weekly earmngs-manufacturing, index ..................... . 404.8 102.0 4.2 102.2• 114.1 • 401.5 104.I 4.3 101.Sr ll3.lr 393.7 95.7 4.I 102.0 112.4 399.3 115.8 4.8 100.9 111.8 392.2 107.2 4.6 100.6 lll.l :>­ d ~ ~ z ~ '"" !'° ~ ~ ~ "" m i d ~ ~ ~ ~ l1l tl:I e c::: ~ °'c::: Ul .... z l>j Ul Ul ~ Ul l>j > ~ ::r:l SELECTED TRADE AND PROFESSIONAL ASSOCIATIONS OF TEXAS 1963 This list of Texas trade and professional tions was compiled by Mrs. Merle Danz, lib Bureau of Business Research, to assist in answ the numerous requests of those who contact the reau each year seeking information on various p of Texas business. For purposes of this listing, a association is defined as a voluntary organizatio business enterprises engaged in a particular trade industry and dealing with the problems of that • dustry. Generally, only statewide associations ar.e ed. When information on the number of meml>ets each association is available, data on membershijj included. The names of publications when repo are also included. Order your copy from ­ THE UNIVERSITY OF TEXAS