TEXAS BUSINESS REVIEW 

A Montlily SumlllCll'JJ of Businf.c;.c; and Economic Condition.· 111 T xas 
BUREAU OF BUSINESS RESEARCH THE UNIVERSITY OF TEXA 
TEXAS METALS, METAL IND STRIES AND METALLURGY by Eric H. Bucknall THE BUSINE S ITL'A· 
I 

T ION IN TEXAS by Francis B. May JUNE CONSTRUCTION IN TEXAS by Robert :\I. Lockwood
I 
SE~1IAN 'UAL ISSl.'E 
\"OL. XXX\'111, NO. AUGUST 1964 $3.00 A YEAR 

TEXAS BUSINESS REVIEW VOL. XXXVIII, NO. 8, AUGUST 1964 
Editor: Stanley A. Arbingast / Associate Editor: Francis B. May I Managing Editor: James J. Kelly 
Editorial Board: Stanley A. Arbingast, Chairman, John R. Stockton, Francis B. May, Robert H. Ryan, James J. Kelly 

CONTENTS 
181: 	THE BUSINESS SITUATION IN TEXAS by Francis B. May 
184: 	TEXAS METALS, METAL INDUSTRIES, AND METALLURGY by Eric H. Bucknall 
191: 	TEXAS RETAIL SALES IN JUNE by James J. Kelly 
193: 	TEXAS BUILDING CONSTRUCTION IN JUNE by Robert 
M. Lockwood 
TABLES 

182: 	SELECTED BAROMETERS OF TEXAS BUSINESS 
183: 	BUSINESS ACTIVITY INDEXES IN 20 TEXAS CITIES 
186: 	TEXAS METALS PRODUCTION 
189: 	TEXAS METALS : PRIMARY EXTRACTION PL~NTS 
190: 	ESTIMATES OF NONAGRICULTURAL EMPLOYMENT 
191: 	
ESTIMATES OF TOTAL RETAIL SALES 

191: 	
RETAIL SALES TRENDS BY KINDS OF BUSINESS 


192: 	
CREDIT RATIOS IN DEPARTMENT AND APPAREL STORES 

192: 	
TEXAS VEGETABLES 

192: 	
POSTAL RECEIPTS 


193: 	ESTIMATED VALUE OF BUILDING AUTHORIZED 
194: 	
LEADING METROPOLITAN AREAS IN RESIDENTIAL AU­THORIZATIONS 

194: 	
BUILDING AUTHORIZED IN TEXAS, SELECTED CITIES 


195: 	LOCAL BUSINESS CONDITIONS 
CHARTS 
181: 	TEXAS BUSINESS ACTIVITY 
182: 	
INDEX OF TEXAS INDUSTRIAL PRODUCTION, TOTAL MANUFACTURING 

182: 	
INDEX OF TEXAS INDUSTRIAL PRODUCTION, DURABLE MANUFACTURES 


183: 	INDEX OF TEXAS INDUSTRIAL PRODUCTION, NONDURABLE MANUFACTURES 
184: 	INDEX OF TEXAS INDUSTRIAL PRODUCTION, MINING 
193: 	
INDEX OF RESIDENTIAL CONSTRUCTION AUTHORIZED 

193: 	
INDEX OF NONRESIDENTIAL BUILDING AUTHORIZED 


BUSINESS RESEARCH COUNCIL 
John Arch White, Dean of the College of Business Admin­istration (ex officio); John R. Stockton; Jim G. Ashburne, Jessamon Dawe, James R. Kay, Stephen L. McDonald, 
E. W. Mumma, and W. T. Tucker 
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, Marie Fletcher, 

Louise K. Iscoe, Joe ' H. Jones, James J. Kelly, Ida M. Lambeth, Robert M. Lockwood, Margaret Paulissen, Charles A. Pieper, Robert H. Ryan, Elizabeth R. Turpin, Robert B. Williamson 
Research Assistant: Bobby G. Bizzell, Terry D. Kahn, Donald H. McElhone, Harold L. Sides, William W. Whit.e Administrative Secretary: Margaret F. Smith 
Senior Secretary : Diana Rausch Senior Clerk Typist: Pauline M. Casey, Claire Howard, Carollin Mayes, Sharon Wheat 
Cartographer: Judy Buerkle Library Assistant: Merle Danz Statistical Assistant: Mildred Anderson, Constance 
Coo ledge Statistical Technician: Mary Gorham, Kathleen Hudkins Clerical Assistant: Pamela Binkley, Robert T. Jenkins Offset Press Operator: Robert Dorsett, Daniel P. Rosas 
The Bureau of Business Research is a member of the Associated University Bureaus of Business and Economic Research. 

Seco~d-~/:~:-ip:~;~lyp ~~ t~e fu~~au ~f BusiCess Research'. College of Business .Administration. The University of Tex..,,, Austin, Texas, 78712. source will be apprecia~ed' as bus.int'e~~o0 ontent of t~1~ publica~ion is not oopyrighted and may be reproduced freely. Acknowledgment of
· 	· 

. u scrip ion, •••· a year: 1nd1v1dual cop1e~. 21) cents. 

THE BUSINESS SITUATION IN TEXAS 

AFTER DECLINING SLIGHTLY IN MAY, THE SEASONALLY adjusted index of Texas business activity rose a fraction of a point in June. The June value of 147.1% of the av­erage monthly activity in the 1957-59 base period was 16% above June of last year. It was only 1.3% below the all-time high of 149.1 % for this business barometer, reached in April of this year. It was also the second highest value in the history of the index. 
Since the beginning of the current business upswing in February 1961, the index has risen in an uneven pattern. It rose from February 1961 until January 1962. During 1962, it fluctuated around a value of 124.0%. Since March 1963, is has been in a strong rise that has carried it from 123.7% of the 1957-59 base value to its current level near 150%. The strength of the rise has been particularly noticeable since September 1963. In June the index was 9.5% above its September 1963 level. 
It is apparent that the state of business in Texas is very healthy. There is good reason to believe that it will remain prosperous during the second half of the year. 
The average level of activity for the first half was 8.9% above the first half of 1963. 
June was the forty-first month of the current business upswing. It is exceeded .in length by the 45-month expan­sion from October 1949 to July 1953, but that expansion was fueled by the Korean War. The current upswing is the 
longest peacetime expansion since World War II. It shows no signs of weakening. 
Crude petroleum production in June was up 1% over May after seasonal factors were taken into account. At 102.8% of average monthly production in 1957-59, the index was 6% apove June 1963. For the first half of this year, the index averaged 99.0% of its base period value, up 6.5 % over the first half of 1963. The current level of the index of crude oil production is the highest since May 1959, when a level of 106.5% was reached. After that, the index drifted to a low of 88.3% in March 1962. The improvement in output since that time has been most welcome to the oil producers of the state. 


TEXAS BUSINESS ACTIVITY 

INDEX-ADJUSTED FOR SEASONAL VARIATION-1957-1 959 · 100 
1953 '54 '55 '56 '57 '58 '59 '60 
NOTE: Shaded areas indicate periods of decline of total business activity in the United States. 
AUGUST 1964 

DEX OF TEXAS I DUSTRIAL PRODUCTION, TOTAL MANUFACTURI NG 
/NOEX-N>JUSTED FOR SEASONAL VMIATION-1957·1959· 100 
-r-__:""1"--~.---.,,.,,,,,,.--..-~-,-wi;ig----,-~-,-~-,----,200 
1953 '54 •:;5 '56 '57 '58 '59 '60 '61 '62 '63 '64 

Average daily production per oil well was 13.1 barrels during the first half of the year. The average was 12.5 barrels a day during the first half of last year. 
During the first five months of this year, 5,371 new wells were drilled in Texas, compared with 5,459 during the like 1963 period. The decline in wells drilled was 1.6%. Total footage drilled during the first five months of the year was 25.41 million, compared with 25.65 million in the like 1963 period. The decline in footage drilled was 0.9%. For the nation, both wells completed and footage drilled for the first five months were above the comparable 1963 period, according to data published in World Oil. At the end of May, there were 950 rigs drilling in the state compared with 847 at the end of May 1963, a 12.2% increase. 
June crude runs to stills were unchanged from May after seasonal factors were taken into account. At 116.4% of average monthly crude runs in 1957-59, the index was 4'/o above June 1963. 
SELECTED BAROMETERS OF TEXAS BUSINESS (1957-59=100) 

Percent change  
Jun 1964 Jun 1964  
Index  Jun 1964  May 1964  Jun from from 1963 May 1964 Jun 1963  

Texas business activity . ......... 147.1 146.5 126.3 •• + 16 Miscellaneous freight carload­ings in S.W. district . 76.2 77.1 79.9 -1 6 Crude petroleum production ......102.8* 101.8* 96.8r + 1 6
+ 

Crude oil runs to stills..........116.4 116.0 112.0 •• 

+ 4 

Total electric power consumption .163.3• 165.5• 152.9r -1 7
+ 

Industrial power consumption .... 148.9* 150.6* 134.lr -1 + 11 Bank debits ........147.2 146.6 126.7 •• + 16 Ordinary life insurance sales . . . .. 157.8 143.7 129.7 + 10 + 22 Total retail sales. 132.9* 130.6• 126.9r + 2 
+ 
Durable-goods sales . . . 163.7* 152.1 * 156.lr + 8 
+ 
Nondurable-goods sales 117.1• l19.3* 111.8r -2 
+ 5 

Urban building permits issued .... 121.8 115.8 109.6 + 
+ 11 
Residential 
.122.0 110.4 109.5 + ll + 11 
+ 11
Nonresidential . 116.8 126.5 105.2 -8 

Total industrial production . . ... . . 128* 126" 12lr + 
+ 6 

Total nonfarm employment ..... 110.9* 111.1• 108.5 
•• + 2 

Manufacturing employment ..... 109.4* 109.lr 106.2 
•• + 3 

Total unemployment 93.6 90.4 106.8 + 4 -12Average weekly earnings-manufacturing 
116.1* 117.4r 113.6 
+ 2

Average weekly hours­
manufacturing 
... 100.s• I01.2r 101.2 -1 
Adjusted for seasonal variation. 
>) Preliminary. 
rRevised. 
••Change is less than one-half of 1%. 

INDEX OF TEXAS INDUSTRIAL PRODUCTION DURABLE MAN UFACTURES ' 
INOEX-l<DJUSTEO FOR SEASON.Al. VMIATION-1957·1959· 100 

NOTE: Sh<1.ded <1.rus 1nd1c.,le periods ol decline of tot._ I bu11nus ._ct 1vi1y in the Umted Suotu 
Crude runs for the first six months of the current year averaged 114.2% of the 1957-59 average, up 3.5% over the like 1963 period. Nationally, June demand for refined products was up over June 1963 by percentages ranging from 4.6% for distillate fuel oil to 7.5% for gasoline. Price weaknesses have plagued the industry during the entire first half of the year. 
Seasonally adjusted total consumption of electric power in June was down 1 % to a level of 163.3% of the 1957-59 average consumption. The index was 7% above June 1963. The May value of 165.5% was an all-time high for this index. June was the second highest month. Increased use of air conditioning has steadily raised the values of the index. 
Total power consumption for the first half of the year averaged 159.2% of the base period value, 10.9% above the first half of 1963. Seasonally adjusted industrial elec­tric power consumption declined 1 % in June to 148.9% of the 1957-59 base period average, a value that was 11% above June 1963. 
For the first half of this year, industrial electric power consumption averaged 146.7% of its base value. This was a rate of consumption ll.4o/c above the first six months of 1963. Automation requires the use of much electronic equipment. The progress of automation in Texas industry is marked by a substantial rise in electric power con­sumption. Specialized equipment known in the industry as "lease automatic custody transfer equipment" has auto­mated the production of oil on a lease and its release to a pipeline. Computer control of chemical reactors and machine tools has automated individual steps in produc­tion processes. The next step will be cybernation: elec­tronic control of more complex production processes, such as entire factories. Since maintenance has proved in­tractable to automation, the persons working around the factory of the future will very commonly be a handful of maintenance men. 
Seasonally adjusted sales of ordinary life insurance rose 10'1< in June, to a value of 157.8% of average monthly sales in 1957-59. At this level, the index was 22% above the like month of last year. It is the highest value the index has reached this year. 
Ordinary life insurance sales for the first half of this year averaged 149.8% of the 1957-59 monthly average, a level 16.8'7': above the first half of 1963. As average fam­ily income increases, more life insurance is required t.o afford a given degree of income protection. Additional insurance is also required to protect the purchasing pow-
TEXAS BUSINESS REVIEW 
INDEX OF TEXAS INDUSTRIAL PRODUCTION, 
NONDURABLE MANUFACTURES 

INOfX -AOJUSTfD fOft SEASON.N. VMIATION-1957.1959 · 100 


NOTE: Shot:led areat 1nd1cate pcr1o<ls of <lcclin" of total busu:<'ss ot l" lHH~· 1n 1h,•Ln11,·d Stal<.,''. 

er of family income against future increases in the price level. Provision of funds to pay for a college education for each child requires a substantial amount of life in­surance. All these factors, plus population increases, have combined to send life insurance sales soaring. 
Retail sales rose 2% in June after seasonal adjustment. At 132.9% of average monthly sales in 1957-59, the index was 5% above the comparable 1963 month. An 8% increase in sales of durable goods was responsible for the May-to-June rise. Sales of nondurables declined 2% in June. Both durables and nondurables contributed to the increase over June 1963. 
Nationally, June retail sales amounted to a seasonally adjusted $21.7 billion, about the same as May sales but 6% above June of last year. Sales of durables in June were down 3% from May but were up 5% over June of last year. Sales of nondurables were 2% above 'May and 7% above June of last year. 
A survey of consumer buying intentions conducted by 

the Department of Commerce in April revealed the fact 
that consumers' intentions to buy new automobiles in the 
next 12 months were higher than they were a year ago. 
If this expectation is realized, the automobile industry 
has another year of high level sales in prospect. This 
fact alone suggests a high level of business activity dur­
ing the second half of this year and the first half of 
1965. Retail sales of automobiles, parts, and accessories 
amount to approximately 20% of total retail sales. The 
automobile manufacturers are major consumers of steel, 
chemicals, rubber, glass, and textiles. The influence of the 
industry on total economic activity in this country is 
enormous. 
Urban building permits issued in June rose 5% after 

seasonal adjustment. At 121.8% of 1957-59, the index was 
11% above June 1963. The June rise was the result of 
an 11% increase in residential permits issued. Non­
residential permits declined 8% in June. 
For the first six months of this year total urban per­

mits issued averaged 127.8% of 1957-59, virtually un­
changed from the 127.9% average for the comparable 
period of 1963. Residential permits averaged 119.2% of 
1957-59 in the first half, up 1% over the first half of 
last year. Nonresidential pe1mits for the first six months 
were down 1% from the first half of last year, canceling 
the effect on total permits of the rise in residential 
permits. 
The April survey of consumer buying intentions showed 

that 3.5% of respondents planned to purchase a new 
AUGUST 1964 
INDEX OF TEXAS IND STRIAL PROD CTIO~, MINING 
INDEX-ADJUSTED FOR SEASONN. VMIATION-1957-1959· 100 
,..---,.---...---~~ 150 
;__-1--+--1-_j  
~.. ; )  
....L_.L___i.:.i12c__L'--'-­ _  _L._21:~0,~· -L---'---'-____lO  

'54 '55 '56 '57 '58 '59 '60 '61 '62 '63 '6~ 
home in the next two years. This was about the same percentage as for April 1963. There were 1.8% of the respondents who planned to buy a new home in the next 12 months. In April 1963, there were 1.9% who planned to purchase a new home in the following year. The per­centages of respondents intending to purchase new homes within one and two years have been very stable for the past three years. 
The seasonally adjusted index of newspaper advertising linage dropped 2.6% in June. At 107.7% of average lin­age in 1957-59, the index was 2.9% above June 1963. The index averaged 108.1% for the first six months, up 2% over the first half of 1963. 
June nonagricultural employment in the state was 2,343,700, up 3.2'/c over June of last year. Nonagricul­tural employment averaged 2,322,600 in the' first half of the year, up 3.4% over the first half of 1963. 
Manufacturing employment in June was 429,900, up 
5.1% over June 1963. Manufacturing employment for the first half averaged 421,800, up 5.2% over the comparable 1963 period. This increase in manufacturing employment is very important, because each manufacturing ·employee provides a demand for several employees in service and other related industries. 
BUSINESS ACTIVITY INDEXES IN 20 TEXAS CITIES (1957-59=100) 
Percent change  
Jun 1964  Jun 1964  
City  Jun 1964  May 1964  Jun 1963  from May 1964  from Jun 1963  
Abilene Amarillo Austin Beaumont Corpus Christi c~rsicana  .. 132.8 161.9 161.0 . 139.5 .. 122.6 119.2  19.4 158.4 177.6 134.0 114.7 119.5  107.3 126.7 187.2 116.9 108.3 109.1  + 11 + 2 9 + 4 + 7 ••  + 24.. 28 + 17 + 19 + lS + 9  
Dallas  160.2  158.1  139.5  +  1  + 15  
El  Paso  .... 117.8  135.4  108.1  - 13  +  9  
Fort  Worth  119.4  110.2  104.2  +  8  + 15  
Galveston Houston  116.8 . 151. l  115.3 143.7  109.4 126.4  + 1 + 5  + 7 + 20  
Laredo Lubbock  .... 139.2 156.1  134.4 157.2  137.3 136.8  +  + 1 + 14  
Port Arthur San Angelo San Antonio Texarkana Tyler Waco W ichita Falls  99 .9 125.6 141.3 159.1 132.8 . 131.5 126.9  103.5 122.0 131.2 149.7 123.5 134.1 126.4  94.2 100.6 123.2 144.4 111.l 117.7 106.4  3 + 3 + 8 + 6 + 8 2 ••  + 6 + 25 + 15 + 10 + 20 + 12 + 19  

Adjusted for seasonal variation. <¢Change is less than one-half of 1o/o. 

Texas Metals, Metal Industries and Metallurgy 

PART 1OF2 

By ERIC H. BUCKNALL 
Dr. Bucknall is Professor of Mechanical Engineering, on leave from The University 
of Texas. He is now serving, under the Colombo Pl,an, as Professor of Physical 
Metallurgy at the Indian Institute of Technology, Kharagpur. 
This article on the metals industries in Texas represents a departure from the policy of the editorial board of the Texas Business Review to avoid using reprinted material. The timely nature of the material and the fact that the original publication was in the Metallurgist, a British publication, was deemed justification of its re­printing for an American, and particumrly a Texas, audit'nce. The Bureau of Busi­ness Research gratefully acknowledges the permission granted by the author and the publisher to use the article. 
This article has as its theme the large significance of metals, metal industries and metallurgy to the State of Texas, a state which is commonly thought of, not only on this side of the Atlantic, as completely dedicated to cows, oil and millionaires. The main topic which will be dis­cussed is the present and prospective scope of mining, smelting and refining of metals in Texas; some remarks will also be made on metal fabrication and application in Texas and on metallurgical education in Texas. The definition which is given to Metal Industries in this article may appear rather broad, but it is in fact normal practice in the United States to lump together as Metal Industries the following Federal employment categories: 33-Primary Metals, 34-Fabricated Metal Products, 35-Noh-electrical Machinery, 36-Electrical Machinery, 37-Transportation Equipment, and 38-Instruments. So defined, the Metal Industries constitute by far the largest single block in the U. S. economy. In a typical year (1957), the Metal Industries of the United States employed 6.6 millions out of a total industrial labour force of 16.0 millions, and had a total sales of $141,164 million, with th:! categories 33 to 37 all contributing more or less equally. 
Historical and Geographical Aspects 
Before Alaska became a state Texas had long been able to brag of being the largest State of the Union; d1ehard Texans still ins'st that if ever the Alaskan ice melts, Texas will regain its primacy. The State of Texas is some 801 miles from North to South and 773 miles from East to West. It lies immediately north of Mexico and has a coastline on the Gulf of Mexico, from the Rio Grande to the Red River, i.e., from 25°50 N to 36°30 N. It may be described as being the meeting place of the Great Plains-which sweep down alongsirle the Rocky Mountains-and the Gulf Coastal Plain, but these are on different levels and there is a steep rise as the Coastal Plain is left; it is also the case that Texas has both near· mountains, in the North-central Burnet-Llano region, formerly commonly referred to as the Central Mineral Region, see the sketch map given as Figure One, and full mountains in the Trans-Pecos region, where Guadalupe Mountain rises to 8,751 feet and the spectacular butte­like El Capitan is almost as high. 
Texas has a history which justifies the name "Under Six Flags" being applied to a permanent exhibition site in the industrial complex embracing Dallas and Fort Worth. The essentials of the history may well be con­veyed in terms of six or seven dates. For the first we may take 1519, the date of Spanish entry into Central America. We may then skip on to 1821, the year of achievement of Mexican independence from Spain and approximately the date at which non-Spanish white set­tlers, termed 'Anglos' in contrast to 'Latins,' started to move into Texas under the empressario system, operated on behalf of the Mexican governments, and they were many in the early years, by such pioneers as Moses Austin and his son, Stephen F. Austin. A date which is intriguing with the possibilities of what-might-have-been is 1828, when Robert Owen of New Lanark and New Harmony came very near to persuading the Mexican Government to give him Texas, subject to frontier guarantees by the United States and Great Britain, so that he might experi­ment with communism on a larger scale than he had done in Scotland or on the banks of the Wabash. After the disaster of the Alamo in 1835, with which all movie-goers are familiar, the Anglo settlers under Sam Houston se­cured independence from Mexico in 1836 by defeating Santa Anna at San Jacinto, outside modern Houston, while the Mexican general was occupied with his girl friend. The Republic of Texas soon sought alignment 
TEXAS BUSINESS REVIEW 

with the United States, but did not become a State of the Union until 1845. It joined the Southern States in seceding to form the Confederacy, in 1861, and remained in the semi-servitude of Reconstruction until 1874. In 1901 oil was struck at Spindletop near Beaumont-still in pro­duction, but as a sulphur mine-and the foundation of modern industrialisation was laid. At first oil-mining was confined to East Texas, but later, finds were made to the west and north-about the only oil-poor area being along the line of the Balcones Escarpment, which runs through the capital city, Austin, and forms the inner edge of the Gulf Coastal Plain. The Texas historian, Walter Prescott Webb, has referred to this fault line as having constituted throughout the nineteenth century the bound­ary between the Deep South and the Wild West. 
At the time of Sam Houston's victory over the Mexican forces, Texas was a vast and ill-defined territory about the size and shape of India, but without its teeming millions. It had a reputation for a high degree of metallic mineralisation, but the valuable ore bodies were mainly around the edges of the territory. By the date of acces­sion to the United States, the frontiers had moved inwards considerably, allowing space for the later estab­lishment of such States as Oklahoma and New Mexico, and, with this shrinkage, much of the metallic mineral wealth had passed out of the State; nevertheless many prospectors continued to be attracted by fabulous claims made for the Central Mineral Region and other areas. El Paso, in the extreme West, was early established as a smelting and refining centre. A number of factors combined to produce circumstances in which such a metallurgical centre once set up continued to operate and even to increase in importance with the years, despite increasing dependence on out-of-State ores. These fac­tors included a favourable geographical location, abun­dance of fuel--as represented by oil and natural gas together with lignite-and a plentiful supply of low-wage labour. The trend towards survival and increase of metal­lurgical industries has been favoured by the setting up in Texas during periods of emergency of Federal ex­traction and refining plants which afterwards passed, rather cheaply, into private ownership. 
Exploitation of Texas Minerals 
Texas has held for many years the leading overall position among the United States as a mineral produc­ing State, with an annual production total around one quarter of the national figure, but of course the great bulk of this total represents oil and gas. The geological formations in Texas are very varied, from the oldest rocks to very young formations, with many situations promising a high degree of metallic mineralisation. Through the early years of the Republic and the State, the geologically ancient hills of the Burnet-Llano region were termed the Central Mineral Region, because of outcrops of minerals of iron, lead, and other metals, and of graphite, but there have never been more than small-scale workings in this area, which today is more dependent on rural activities, such as the raising of cattle, sheep and goats, than any other part of Texas. The Trans-Pecos region adjoining the Big Bend of the Rio Grande has also been to date an area of limited mineral production, but geologists feel that it offers more prom­ise. Other parts of Texas have more than fulfilled early predictions, especially East Texas with its many thriv­ing oil and gas fields together with surface mining of lignite and iron ore-although the lignite is not today enjoying the general demand which applied before the oil and gas boom. 
U.S. Bureau of Mines figures show that the annual value of Texas mineral production has been expanding steeply from 1890; when the steeper rise of war years is included, the average trend is doubling every six years. As long ago as 1955 the value exceeded $4,000 million and the quantity was some 300 million tons. Texas has over one half of the United States' proved reserves of oil and gas, and is in a good position for other minerals. While oil and gas dominate, with 92 per cent of the total annual mineral output, 35 other minerals, with an 
FIGURE I 
PRINCIPAL METALLURGICAL CENTERS 
OF TEXAS 

DU M AS 
11. 
AM ARILL O 
' 

DAINGERF IELD 
JI 
FORT WORTHilf ~DAllAS lONGVI EWilf 
El PASO 
CENTRAL 
TRAN S.PECOS 

EAGL E PASS 
LAR EDO 

aggregate annual value of some $320 million, are in regular production. The value exceeds that of the total mineral output of many of the States and also the value of the celebrated Texas cotton crop. 90 per cent of all Texas minerals are obtained by drilling and pumping (gas, oil, salt, sulphur) and nearly all the remainder by open-cast mining. Mining activities are undertaken in 232 of the 254 counties of Texas. 
The minerals p1·oduced in Texas are, in general, out­standingly important as source materials for in-State industries, which often have high conversion-ratios be­cause of the intricacy and high levels of technical skills involved -this applies particularly to the petroleum, which is not only refined in Texas but is fed to in-State petrochemical plants, in which more than 2 billion dollars are invested, much being tied up in the physical plant which naturally consists mainly of metals. 
AUGUST 1964 

TABLE I: TEXAS METALS PRODUCTION 
1950 1951 1952 1953 1954 1885-1954 Amt. Value Amt. Va lue Amt. Value Amt. Value Amt. Value Amt. 
Value 

Copper (Short tons, dollars) 2 822 1 483 18 8,712 ----1,383 402,028 Gold (Fine oz., dollars) 49 1,715 32 1,120 39 1,365 not available 8,552 233,265 Lead (Short tons, dollars) 129 34,830 43 14,878 56 18,032 6,443 692,471 Silver (Fine oz., dollar•) 2,554 2,221 1,381 1,250 4,672 4,228 93 84 33,303,266 23,446,648 Zinc (Short tons, dollars) 24 8,736 3 966 837 132,283 
Total value $24,906,695 

In the Minerals Yearbook of the U.S. Bureau of Mines, 21 Texas minerals are listed individually, while the others are brought together under an "undistributed" head, to avoid release of figures revealing confidential infor­mation on monopoly undertakings. Thus, detailed produc­tion figures are not accessible for a group which includes native asphalt, basalt, bromine, graphite, iron ore, lig­nite, magnesium, natural salines, mercury, peat, crushed granite, marble, sandstone and gemstones. In 'Texas Looks Ahead,' E. H. Sellards gave a Table showing in­dustrial minerals produced in Texas by decades, the metallic items of which are reproduced below, with notes based on Sellard's text: 
1882-91 
Copper, Gold, Iron ore, Silver. 

1892-1901 
Copper, Gold, Iron ore, Mercury,1 Silver. 

1902-11 Copper, Gold, Iron ore, Lead,2 Mercury, Silver, Zinc.4 
1912-21 Copper, Gold, Iron ore, Lead, Mercury, Silver, Zinc. 
1922-31 
Copper, Gold, Lead, Mercury, Silver. 


1932-41 Copper, Gold, Iron ore, Lead, Magnesium," Mercury, Silver." 
That the scale of production in most of these Ol'es has recently been small is made clear by the figures extracted from the Minerals Yearbook for 1954, shown in Table 1. It is emphasized that the figures refer only to the output of Texas mines and not to the primary metal production of Texas metallurgical plants. 
It will be clea!' that, unlike the widely occurring oil and gas reserves, metallic minerals in Texas occur in few areas. Except for the East Texas iron ores and South Texas uranium, both of which occur a little to the east ?f the Balcones fault line, ores have been located only m the Southwest Trans-Pecos/ Big Bend region and in the No1th Central Bumet-Llano region. 
Some notes on individual resources follow: 

Copper: Copper is found as low-content ore in North­ce~tral Texas and as richer ore in the Trans-Pecos moun­tain area. A main source of copper for many years was the Hazel mine in the Quitman Mountains between Van ~orn and Allamoore and on the boundary between Cul­
'First recorded I ~99 b t . I'
::1907 onwards. ' u some ear ier small-scale production. 
:il 941 onwards. 
'Small in 1906 and 1907 · 

:,There has also been . . mo~e Jn 1912~t a, no ne re~orted s ince. and tin minerals. at one time or another product10n of ma nganese 
bertson and Hudspeth Counties. Recent production has been inappreciable, but some geologists believe that there is a future for copper mining in this area, given favour­able market and other conditions, see below. 
Gold: has been produced from copper and silver ores. 
Iron: Deposits of iron occur in Eocene greensand in Cass, Cherokee, Marion, Morris and other counties near the Louisiana border in Northeast Texas. The ores are covered by a thin over-burden easily removed by drag­Iine. The total reserves are difficult to estimate but have been assessed at near 200 million tons of usable and accessible ore, which might suggest a scale of working of around 10 million tons a year, which has in fact never been approached. The ores include both siderite and limonite minerals, with the latter predominating above water table and in the more northerly of the two fields, which have roughly the outline of a pair of boots, placed one above the other. The limonite occurs as small lenses and other bodies disseminated throughout fairly deep beds of greensand; the siderite forms more continuous, but thinner beds. The limonite material is thus more sus­ceptible to beneficiation, while the siderite calls only for washing and calcining. Typically, beneficiation plant feed from the northerly field analyses 20 per cent iron and is brought to a 45 per cent iron level by crushing and gravity separation, while the washed ore from the southerly field runs just over 40 per cent iron. Occur­rences of magnetite in pre-Cambrian rocks have been noted at several points in the Llano area and one source, Iron Mountain, has been worked to provide heavy aggre­gate for concrete radiation shields. 
Some East Texas iron ore production figures are given below for years in which the figures were given in the Minerals Yearbook: 
Year Long tons usable ore 
1953 1,014,937 1954 881,190 1955 875,443 1956 835,000 (est.) 
These figures when taken in conjunction with the steel consumption in Texas in a good year, 6 million tons, indicate that there is room for increased iron mining and extraction. 
Small-scale smelting of iron ore started in Marion County in the northerly field before the Civil War and ordnance was made during the war. A boom in the 1880's and 90's involved operation of small blast furnaces on the southerly field at Rusk and at New Birmingham in Cherokee County, now a ghost town. There was prac­tically no further activity until World War II when Sheffield Steel Company started drawing ore from Rusk 
TEXAS BUSINESS REVIEW 

and Cass Counties and Federal funds were used to build a blast-furnace plant near Daingerfield. Both have de­veloped into integrated steel plants and will be discussed later, see Part 2. Other proposals have not developed, but it is to be expected that further exploitation of the East Texas low-grade ores will occur, in view of the large market offered by Texas for iron and steel products. It is likely that, to succeed, any such pro­gramme will need to be based on reduction methods other than customary blast furnace smelting. As a re­sult of a Bureau of Mines investigation in which samples were smelted by the Strategic-Udy method, consider­ation is being given to the establishment of an electric iron smelter near Rusk, in view of the difficulties at­tendant on expanding blast furnace operation in a state without coking coal. An alternative discussed in Part 2 is the installation of plant for solid-state reduction of iron ore or concentrates, one version of which is operated at Monterrey in Mexico, while another, devel­
oped in Texas, is practised in Pennsylvania. 
Lead: has been mined both in the Trans-Pecos and Burnet-Llano regions, but no production has been re­ported since 1952. 
Magnesium: There are magnesium sulphate and chlo­ride brines in shallow lakes in West Texas. There are also vast resources in the Burnet-Llano area of dolomitic limestone, which was used as the magnesium ore at the wartime Balcones plant set up by the Federal govern­ment on the edge of Austin, but at present sea water, with 0.13 per cent magnesium, is the only source ma­terial being treated. The scale of operation has varied widely since World War II, at first falling very low and then rising to an average of about 40,000 tons, but with peaks in 1952 and 1957 of 105,821 tons and 81,263 tons, respectively. The last figure at hand (for 1960) was 40,070 tons of magnesium. 
Manganese: As an emergency measure, a few carloads of manganese ore from the Southwest were mined during World War II and the Korean War. Much the same picture of emergency small-scale production applies to other ferro-alloy ores, such as those of chromium, molyb­denum and tungsten, except that for these the source was the Burnet-Llano region. 
Mercury: At times Texas has been a leading mercury producer, from mines in the neighborhood of Terlingua in the Trans-Pecos region, where the Rio Grande turns sharply while cutting its way through the mountains. In recent years, however, only intermittent development scale working has proceeded, yielding on an average only a few flasks a year. 
Silver: In the 1920's over a million ounces were being produced annually and production from mines in the Trans-Pecos region continued on a fair scale into the 1940s, but no production has been reported since 1952 except 93 ounces in 1954. It has been said that the Trans-Pecos mines are not exhausted but uneconomical at present silver prices. There is also some silver in the Burnet-Llano region. 
Tin: There are some tin minerals in both Trans-Pecos and Burnet-Llano regions. In the past there has been some production from the former, but no mining has been reported in recent years. 
Uranium: In the 1940's and '50's there was a uranium boom in Karnes County, South Texas, and some neigh­boring areas. Although low-grade ore did in fact exist, the boom was largely artificial and some of those con­cerned are serving prison sentences. An 'upgrader' which featured in one trial proved to be a gravel washer. A Washington source stated in 1958 that an estimated 1,713,000 tons of 0.25 per cent uranium ore had b2en established in Karnes and Duval Counties, in the former at shallow depth and in the latter deeper. A notable occurrence is that on the Union Carbide lease in Duval County, where the ore forms a cap over a crater on a salt dome. The uranium minerals are disseminated in sands and tuffs, and are thought to have been precipi­tated by slow seepage of sulphur-rich gases from oil fields which reacted with uranium concentrated in ground waters. While the nearest milling facilities were at Grants, New Mexico, there was little to encourage de­velopment of the Texas uranium deposits, but a 300 tpd mill was set up by Susquehanna-Western at Falls City in 1960. A review presented in 1961 indicated that Texas stood seventh as a uranium-producing state, but much behind the leaders. 
Zinc: It occurs, usually in association with silver, in sev­eral counties in the Trans-Pecos region. There was for­merly considerable production from the Bonanza mine in Hudspeth County, but no mining has been reported in recent years. 
It has been said 'The history of Texas mineral de­velopment has been one of unfulfilled predictions and unpredicted fulfilment.' It is probably true to add that the unexpected fulfilment has mostly been concerned with oil and gas and the unfulfilled predictions with me­tallic minerals. On a first look, at least, it would appear that one major reason for limited success with metallifer­ous mining has been the limited effort put into prospect­ing for ore bodies, coupled with less willingness to speculate on a reasonably promising metal prospect than has been the case with oil. Both aspects are simple to explain. The prospector has in modern times been a less common feature of the Texas scene than he is in the States farther west because of Texas land laws. As a circular of The University of Texas Bureau of Economic Geology points out: 'Anyone contemplating prospecting in Texas for any mineral resource whatsoever should know that all mineral rights belong to the owners of the land surface, and there is no Federal public land which can be acquired gratis by the discoverer of R mineral deposit.' The second point seems to be covered by the fact that there are inexhaustible opportunities for those with gambling instincts to speculate in wildcat oil wells, which on an average involve smaller im·est­ment, more chance of success, and, when successful, 
more immediate profits than metal mines. 
Metals which would be eagerly sought in Texas if 
prospecting were judged attractive would presumably be 
those for which the United States rests heavily on for­
eign sources, which might be cut off in time of emer-

AUGUST 1964 gency. These include aluminium, antimony, chromium, manganese, mercury, platinum metals, tantalum, tin, tungsten and vanadium. The position of zinc is marginal and perhaps that of iron is becoming so. Supplies of uranium, at one time regarded as highly deficient, now appear more than adequate, but active development of nuclear power stations would add many ancillary metals to the strategic metals list given above, e.g., beryllium, columbium, thorium, and zirconium. 
Of the metals referred to above, mercury is the only one which has been very actively sought in recent years. Both private interests and a company under DMEA contract with the Federal government carried out dia­mond drilling programmes in 1955-57, but seemingly without much success. 
Reynolds Metal Company devotes much of its research effort to the extraction of aluminium from raw materials other than bauxite; success along this line might make Texas clays valuable as aluminium ores, thus relieving the practically complete dependence on bauxite imported from the Caribbean area, the Guianas, etc. 
From a State rather than a national viewpoint, the two metals most attractive for larger scale mining and extraction in Texas are copper and iron. The copper situation was looked into somewhat closely during World War II by G. L. Evans of The University of Texas Bureau of Economic Geology, who convinced himself that in the Van Horn-Allamoore district ores comparable in grade (21 to 5 per cent copper) to those then being worked 'can be calculated in hundreds of thousands and pos­sibly millions of tons.' The dip of the ore beds is, how­ever, such as to make reliable estimates of reserves al­most impossible without a large diamond drilling pro­gramme. The iron ore position has already been dis­cussed; provided the smelter is prepared to undertake beneficiation there seems little limit to the total potential ore reserves, but it is also true that the deposits favour smaller scale operation than fits in with the normal, blast furnace-based iron smelting, which is also contra­indicated by the lack of indigenous coking coal. It is believed that for alternative processes based on the re­duction of concentrate fines by hydrogen or carbon mon­oxide, both of which can readily be produced from nat­ural gas, much iron-bearing material would rank as ore 
which at present does not. 
Texas ns n Meta! Producer 
As mentioned earlier, the smelting of iron ores in Texas on. a small scale goes back, though not at the present sites, to ante-helium days, and Texas has had at El Paso a custom smelter for lead and copper from 1887. Furnaces for mercury distillation have been set up as and when cinnabar mining has been active from 1889. All other metallurgical ventures in the State are much ~ore recent. The first zinc retort plant was in­~~l!ed m 1922 and the antimony smelter in 1930. The mitial plants for the primary extraction of several other metals. date from World War II; these include the two operational blast furnace plants for iron the 
, magne­sium undertakings, the tin smelter and the electrolytic zinc plant. Aluminium production in Texas is still more recent in origin, dating from 1950. The ferromanganese venture dates from the Korean War. Several of the metals referred to are now extracted in several plants, and practically all the undertakings have increased their scale of activity since they were started. 

The present position is not, however, very different from that in 1959, as given in the Texas chapter of the Minerals Yearbook. This mentions 18 important pri­mary metal extraction plants as being active in Texas; 2 alumina plants, 3 aluminium plants, 1 magnesium plant, 1 manganese plant, 1 mercury reduction works, 1 an­timony smelter, 1 copper smelter, 1 lead smelter, 1 tin and 3 zinc plants, 1 copper refinery, and 2 iron blast furnaces. Reference is also made to the bye-product pro­duction of cadmium from smelter flue dust and to the recovery of zinc in a fuming plant. The extraction plants, which are tabulated below, employed in all 23,900 workers and were conspicuous for their low accident rate. In addition to these primary producers important secondary industries have been established for some of the metals. The Yearbook mentions treatment of scrap aluminium, brass, iron, lead, and zinc at 12 secondary smelters. De-tinning plants are also in operation. Up to a point, all iron and steel foundries in Texas, and particularly those with electric furnaces, may be regarded as falling into the secondary metal category, by virtue of their dependence on iron and steel scrap. Table 2 shows primary extraction plants. The scale on which these varied activities are con­ducted will be dealt with later when separate consid· eration is given to the individual metals, see Part 2. For the time being it is pointed out that, for sev­eral metals, Texas is a main source and that even for aluminium, one of the latest additions, the productive capacity is around 20 per cent of the national total. It will be appreciated that the scale on which the primary metallurgical industries of Texas are conducted bears little direct relationship to the availability of ores within the State. Iron and steel are currently being produced to an extent which is smaller than is justified by Texas iron ore reserves and by the local market fo1· these products, but even here, as a matter of convenience in burdening the blast furnaces, producers rely partly on richer foreign ore. Other metals are produced in Texas on a scale which could not be supported by local ores, and in several instances production is entirely from im· ported ores or concentrates. This is the case, for ex· ample, with the two alumina refineries which feed the aluminium reduction plants, and for the antimony, lead and tin smelters. The plants extracting copper and zinc operate on out-of-State ores supplemented by ore from abroad. It is only in the case of magnesium that the 'ore' is drawn entirely from local sources-but it would be difficult to claim anything specially Texan about the sea water which is used at the Brazosport plants on the Gulf coast. The existence of large metallurgical plants in Texas is fundamentally related, according to Professor S. A. Arbinr;ast of The University of Texas, to the possession 
TEXAS BUSINESS REVIEW 

TABLE 2: TEXAS METALS: PRIMARY EXTRACTION PLANTS 

Product, Company and Plant 

Aluminium Aluminum Co. of America Point Comfort (alumina) Point Comfort (reduction) Rockdale (reduction) .. . Reynolds Metals Co. Sherwin, LaQuinta (alumina) San Patricio (reduction) ... 
Antimony National Lead Co. Laredo (smelter) 
Cadmium American Smelting & Refining Co. Corpus Christi (electrolytic) 
Copper 
American Smelting & Refining Co. 
El Paso (smelter) . . . . .. 
Phelps-Dodge Refining Corporation 
El Paso (refinery) 

Iron Lone Star Steel Co. Daingerfield (integrated steelworks) Sheffield Division of Armco Steel Corporation Houston (integrated steelworks) . .. 
Lead 
American Smelting & Refining Co. 
El Paso (smelter) 

Magnesium 
Dow Chemical Co. 
Brazosport (reduction) 

Manganese 
Tenn-Tex Alloy & Chemical Co. 
Houston 

Mercury 
Terlingua Mercury Corporation 
Terlingua (distillation) . 

Tin & Tungsten 
Wah Chang Corporation 
Texas City (smelter) . 

Zinc 
American Smelting & Refining Co. Amarillo (retort smelter) . . Corpus Christi (electrolytic) El Paso (fuming plant) 
American Zinc Co. of Illinois 
Dumas (retort smelter) 


Location, 
county Calhoun Calhoun Milam 
San Patricio San Patricio Webb Nueces El Paso El Paso Morris Harris El Paso Brazoria Harris Presidio 
Galveston Potter Nueces El Paso 
Moore 
Material 
treated Bauxite Alumina Alumina 
Bauxite Alumina Ore Flue Dust Ore & cones. Blister & anode Ore & scrap Ore & scrap Ore &cones. Sea water Ore Ore 
Concentrates 
Ore & cones. 
Ore & cones. 
Residues 

Cones. & fumes 
Source of 
material Foreign Above As above 
Foreign Above Foreign Foreign Foreign &domestic Domestic Domestic Domestic & foreign Foreign Domestic Foreign Domestic 
Foreign Domestic & foreign Foreign Domestic 
Foreign & domestic 

by the Gulf Coast of a unique combination of advan­tages for the production of metals, including: (i) ease of access of imported ores and to world markets, sup­ported by a well-developed internal transportation net­work; (ii) relatively cheap and stable sources of fuel and power; (iii) large raw material supplies including plentiful metal scrap, low-grade iron ores, sea water, oyster-shell and other fluxing materials, all often found in fortunate juxtaposition. Texas is strategically placed to receive supplies of ores from any source within the United States or to the South or East of the United States. It appears particularly convenient in times of emergency because of its sheltered position on the Gulf of Mexico, access to which could normally be denied to an enemy, plus the fact that all the Gulf ports are linked to each other and to the Mississippi and other inland waterways by the protected Intra-coastal Water­way. The fuel situation calls for further comment. Texas has no coking coal, but supplies are available just be­yond the northern border in Oklahoma and Arkansas. The principal solid fuel in Texas is lignite, but con­siderable ingenuity will need to be exercised before this is used economically in Texas metallurgical industries except as a fuel for raising steam and generating elec­tric power. India has used lignite char experimentally in the low-shaft furnace for iron smelting, but this is 
AUGUST 1964 unlikely to be done in Texas as it is only economical where there is a ready market for the large quantities of low quality gas which such a furnace produces. The main Texas fuels are, of course, oil and natural gas; there is also available some hydro-electric power from dams along the principal rivers. Much of the gas is 'sour' and, without special processing, cannot be used for much except burning to yield carbon black. The petro-chemical industries and out-of-State consumers at the further end of long pipelines compete for the use of natural gas and most of the present sources have sold their entire estimated production years ahead. How much natural gas is actually available for use by ex­panding metal industries is thus a matter for conjecture. Natural gas itself is not very serviceable as a reduc­ing agent, because of its tendency to lay down carbon, but it is not difficult to convert the gas to a hydro­gen/carbon monoxide mixture which does not have this disadvantage. Of special interest to the metallurgy of 
refactory metals is the natural gas from the Texas 'Panhandle' which is the world's main source of helium. Oil is plentifully available in the soil of Texas, but its availability to industry is restricted by the Texas Rail­road Commission, who were given many years ago control over oil production in the State; recently the 'allowable' has been restricted on an average to twelve days production per month. While this policy continues, Texas cannot be regarded as offering large access to oil as a fuel for metallurgical purposes. A further po­tential obstacle to the expansion of metal industries, which Arbingast discusses, is lack of sufficient fresh water-a problem which is receiving much attention today all over the United States. 
Whether initially set up by private enterprise or by the Federal government, most of the Texas metal plants have come into the ownership of out-of-State corpora­tions with their main interests elsewhere--Lone Star Steel being the outstanding exception. This being the case, these plants are naturally operated on the basis of an integrated policy embracing the out-of-State inter­ests and without any sentimental or other regard for the economic self-sufficiency of the Lone Star State. From the viewpoint of these producers, the main metal market is the industrial area of the North-East and the metals smelted in Texas tend to move toward that market as semi-finished products, e.g., as base bullion lead, blister copper and aluminium ingot. Outside the small produc­tion of steel, all of which can-in a good year.:__be ab­sorbed by the Texas oil and gas industries there is little conversion of Texas-smelted metals int~ wrought forms within the State, although castings are produced in plenty in the numerous foundries. The virtual ab­sence of primary fabrication plants is unfortunate for Texas, hut may be of advantage to the United States as a w~ole. The late Professo1· Erich Zimmermann, The Uni­vers1~y of Texas resources expert, took a strong view that it was damaging to the best interests of the nation for businessmen to think in terms of economic self-suffi­ciency of individual States or other sub-units. 
Despite the authoritative nature of this op1mon, there is by no means general agreement that the metal in­dustries of Texas function or could function to beat advantage under the present system, many of those concerned believing that the expansion of these indus­tries further into the areas of refining and conversion to wrought products would give a sounder base to the metal-consuming capital and consumer goods industries of the United States South-Central region and, in effect, would virtually create a new market. 
ESTIMATES OF NONAGRICULTURAL EMPLOYMENT 
Source: Texas Employment Commission in cooperation with the Bureau 
of Labor Statistics, U. S. Department of Labor 

Employment (thousands)  Percent change June 1964June1914  
June  from  from  
Industry  1964  May 1964 June 1963  

TOTAL NONAGRICULTURAL . . . 2,767.7 •• + MANUFACTURING 533.9 
+ + 
Durable goods . ... .. ... . 264.8 
+ + 
Ordnance 6.4 + 
Wood products 18.7 + 
Furniture and fixtures 11.4 •• + 
Stone, clay, and glass 25.2 + 
Primary metal 27.9 + 1 + 
Fabricated metal 35.6 + 2 + 8 

+ +
Machinery (except electrical) . 46.3 6 Electrical equipment and 
machinery 28.7 •• + 6 Transportation equipment 56.6 + + 10 Other durable goods 11.0 + + 
Nondurable goods 269.1 + + Food . . . . . . . . . . . . .. .. . 80.9 + + Textile mill products 7.0 •• + Apparel 42.8 + Paper products 11.2 + •• 1 •• Printing, publishing 31.5 -1 + Chemical and allied products 49.5 + 1 + Petroleum products 36.4 •• Leather products 3.1 + s + Other nondurable goods 7.7 + 3 + 
NONMANUFACTURING . . . . . . 2,223.8 •• + 
Mining 115.7 + •• Petroleum and natural gas 109.2 + •• Metal. coal, and other mining 6.6 •• •• 
Contract construction 184.l + + Transportation and utilities 216.0 + Interstate railroads 35.3 
+ 
Other transportation 100.6 + Telephone and telegraph 39.9 •• •• Public utilities 40.2 + •• 
Government 483.1 -2 + Federal government 136.5 + 1 + 
Trade 679.4 •• + Wholesale trade 197.0 + 1 + Reta:! trade 482.4 •• + 
Building materials-hardware 34.9 + 
General merchandise 89.6 •• + 
Food 75.9 1 + 
Automotive stores 83.0 + 1 + 
Apparel stores 28.3 -1 
Other retail trade 170.7 •• + 

Finance, insurance. and real estate 148.9 + 2 + Bank and trust companies . 36.l + 2 + Insurance 63.9 + + Real estate and finance 48.9 + 2 + 
Service and misc. 396.6 + 1 + Hotels and lodging places 33.1 + 2 + Laundries and cleaners 36.0 •• •• Other service 327.5 + +· 5 
¢°Change is less than one-half of 1%. 

TEXAS RETAIL SALES IN JUNE by James J. Kelly 

AS IT NORMALLY DOES IN THE SUMMER MONTHS, THE dollar value of total l'etail sales in Texas declined slight­ly in June, but aftel' seasonal factol's al'e taken into account, the index showed a l'ise of 2%. In general, sales by retail stores actually fell off less than the nol'mal June decline, demonstl'ating that consumer expenditul'es at the l'etail level still continue strong. In the first six months of 1964 total retail sales in Texas were estimated at $6,665.9 million, an increase of 57< above sales of retail stores in the first half of 1963. This increase in­dicates that the business rise, in its 41st month in June, is still getting firm support from the retail segment and indicates that 1964 will be a good year for retail trade. 
The index of retail sales in Texas, after adjustment for seasonal variation, was 132.9'!< of the 1957-59 base period value. This was 2o/r above the level of the index in May. The rise in the total index was due to an in­crease of 8% in the index of durable goods sales which reached 163.7'/c , and offset a decline of 2% in the index of no~durable goods sales, which dropped to 117.1 % of the base period value. 
ESTIMATES OF TOTAL RETAIL SALES 

Percent change  
Classification  Jun Jan-Jun 1964 1964 (millions of dolla rs)  Jun 1964 from May 1964  Jun 1964 from Jun 1963  Jan-Jun 1964 from Jan-Jun 1963  

TOTAL . $1, 183.!J $6,665.9 -2 + 7 + 5 Durable goods* 524.ii 2,668.2 + 6 + 7 + 7 Nondurable goods 659.4 3,997.7 -8 + 7 + 4 
°Contains automotive stores, furniture stores. and lumber, building material, and hardwar~ stores. 
Total retail sales in Texas in June were estimated to be $1,183.9 million, a 2'7< decline from May sales. The dolla1· value of retail sales in Texas is not adjusted for seasonal val'iation, but represent an estimate of the amount of expenditures in l'etail stores. Thus the esti­mate of $6,665.9 million in retail sales in the first half of 1964 takes on added significance when compared with the 5'/c smallel' estimate of sales in the first half of 1963. Sales of both durable and nondurable goods stores showed increases this yeal' when compared with sales in the first half of 1963. Durable goods sales in Texas for the first six months of 1964 were estimated to be $2,668.2 million, 
RETAIL SALES TRENDS BY KINDS OF BUSINESS 
Source : Bureau of Business Rest:arch in cooperation with the Bureau 
of the Census, U. S. Department of Commerce 
Percent change 
Normal seasonal0  Actual  
Kind of business  Number of reporting establish-ments  Jun from May  Jun 1964 Jun 1964 from frc.m May 1964 Jun 1963  Ja.n-Jun 1964 from Jan.Jun 1963  

DURABLE GOODS  
Automotive  storcst  392  - 4  -2  + 7  + 9  
Furniture  &  household  
appliances storest  .194  -4  + 6  + 11  + 6  
Lumber,  building  
material, and  
hardware  stores  266  - 3  + 3  + 6  + 1  
NONDURABLE GOODS  
Apparel  stores  .329  -16  -12  +10  + 5  
Drugstores  .. 230  -8  -6  + 7  + s  
Eating and drinking places  . . 127  -4  -4  ••  + 3  
Food  stores  596  - 4  + 2  + 4  + 3  
Gasoline  and  service  
stations  ..555  + 1  + 6  +  +  2  
General merchandise  
storest  241  -18  -14  + 7  +  
Other  retail  stores  307  -12  -6  + 3  + 2  

¢Average seasonal ch~nge from preceding month to current month. 
"°Change is less than one-half of 1%. 
Hncludes kinds of business other than classification listed. 

an increase of 7</r ovel' sales in the first half of 1963. Nondurable goods sales were up 4'7< in the first half of 1964 to $3,997.9 million. 
June sales of durable goods stores in Texas were esti­mated at $524.5 million, an increase of 6'7c above May. Sales of automotive stores are normally expected to de­cline by 47< in June, but this year the June sales per­formed better than anticipated and dropped only 2<;4. 
The other major categories of durable goods-furniture and household appliance stores and lumber, building ma­terial, and hal'dware stores-normally are expected to show decreases in June. This year, however, sales of furniture and household appliance stores showed a 6o/r incl'e:?.se in June sales over May. This brought the level of sales for the month to 11'7< above sales in June 1963. Lumber, building material, and hardware store sales in­c1·eased in June by 3</r above May, and were 6'7c above sales in June 1963. 
For the first six months of 1964, all the major cate­gories of durable goods stores recorded sales increases above the first half of 1963. Sales of automotive stores were up 9</, ; furniture and household stores had a 6o/c increase in sales; and lumber, building material, and hard­ware store sales roes 1<fr . 
Sales by all types of nondurable goo<ls stores in Texas were also better for the first six months of 1964 than they had been in the first six months of 1963. Only gas­Iine and service stations are expected to show an increase in June over May. This June, instead of the anticipated l '/c increase, sales by gasoline and service stations were up 69L For the first six months of 1964, sales were up 2'7r over sales in the first half of 1963. 
Apparel store sales are expected to decrease by 16'/i from May; howeve1-, the decrease recorded this June was 12</,. Even at this level, apparel sales in the first six 
AUGUST 1964 
CREDIT RATIOS IN DEPARTMENT AND APPAREL STORES 
Ratio of Ratio of 

credit sales collections to to net sates• outstandingst Number of reporting Jun Jun Jun Jun Classification stores 1964 1963 1964 1963 
68.3 69.3 31.4 29.9

ALL STORES 46 
BY CITIES Austin 
4 64.8 66.3 43.0 43.6 
67.8 66.1 47.6 46.4 
Houston 64.4 67.0 27.6 26.6 San Antonio 70.9 72.8 28.3 27.1 Waco 67.0 66.0 
Dallas 3 35.6 30.8 

BY TYPE OF STORE Department stores (over $1 million) ... 14 68.2 69.8 30.3 28.7 Department stores 
(under $1 million ) 66.0 57.1 31.8 32.3 Dry goods and apparel stores. 8 73.4 71.8 46.6 46.6 Women"s specialty shops. 11 66.7 66.6 34.9 34.2 Men"s clothing stores. 68.9 69.4 47.8 37.7 

BY VOLUME OF NET SALES $1.500.000 and over ... 18 69.0 70.0 31.2 29.6 $600.000 to $1.500.000 . 11 60.1 61.8 36.7 36.5 $260.000 to $500.000 8 54.2 54.0 41.0 41.9 Less than $250.000 . 56.1 53.0 31.6 29.4 
•Credit sales divided by net sales. 

t Collections during ihe month as a percent of accounts unpaid on the first of the month. 
months of 1964 were up 5'/r when compared with the first six months of 1963. 
Sales by drugstores are normally expected to decline by gr;, in June, but the decline in the monthly com­parison was 6'){ . For the first half of 1964, drugstore sales were up 3 '){ above the level of sales in the first half of 1963. 
Sales by eating and drinking places in Texas declined in June the anticipated 4% from May sales ; however, thus far this year sales by these places were still 3% above what they had been in the first six months of 1963. 
Sales by food stcres actually showed a 2% increase in June from May, although they were expected to decline by 4o/r. Sales in the first six months of 1964 were above the first-half 1963 sales by 3% in this category. 
General merchandise stores generally have a sales 
TEXAS VEGETABLES, ACRES HARVESTED FOR FRESH 
MARKET AND PROCESSING 
BY AREA 1959, 1961, 19631 

Crop year 

Area 
1959 1961 1963 

Rio Grnnde Valley 
125,300 116.700 110.300 

La redo 
fi,900 5.700 5,600 

Coastal Bend 
31.100 18.900 15,000 

Winter Garden 
32,300 29,900 32.750

San Antonio 
18.600 19.600 
21,350 

Ut,r>er Coast 
8.600 
8.800 6. 100 

Central TexAs 
24.400 23,1no 23,000 

East Texas 
43,300 38,300 
38,400 

North Texas 
8,800 7,200 
7,100 

T rnns Peco~ 
3.400 3,700 2,900 

High Plains 

31.800 32,300 
31,300 

Total 
333.500 304,500 293,800 

1.ln~ludes R<'reage harvested for hoth fresh and proressing for 18 Prl~<"•PRI ."rops with the exception of beets, sweet corn and spinach for wh1<-h estimates are puhlisht.>(I for fre~h market only. 
Sour~e: U. S. Depa rtment of Agriculture, Texas Crop and Livestock Re~ort~ng . Service, Te.Tait VPnetableH, Acre8 Harvested 1>11 Areas, Bui· lettn 2"· • ebruary 1964. 
192 slump in June 18% below May sales. Thia year, June sales dropped 14% from May, but sales were still high enough in the first six months to show a 6% increase over sales in the first half of 1963. 
Sales in the category of other retail stores-florists, nurseries, jewelry stores, liquor stores, and office, store, and school supply dealers-normally show a decrease of 12% in June. All of these kinds of business showed a decrease in this year's June sales; however, like all other categories of retail sales stores, these too showed increaaea in the first six months of 1964 when compared with the first six months of 1963. 
Retail sales in Texas, despite an anticipated summer slump, continued at a high level in 1964. The increase of 5% in the total dollar estimate for the first six montha was made possible by an increase of 7% in durable·gooda sales and an increase of 4% in nondurable goods sales. This increase in the first six months indicates that the year 1964 will be a good one for retail business in Texas. 
POSTAL RECEIPTS 
Percent change  
City  May23­Jun 19 1964  Jan 4­Jun 19 1964  Jan 4-June 19 1964 from Jan 6-Jun 21 1961  

Alvin ..$ 9,564 $ 54,896 + a Angleton 5,753 49,703 -7 Ballinger -.932 27,097 -10 Bella ire 45,200 245,688 + 7 Belton 9,382 79,686 + 4 Breckenridge 6,875 46,117 + 8 Car rizo Springs 3,084 18,966 2 Carthage .. .. ........ . . 7,364 4.0,266 
+ 
Childress 5,713 86,198 
Cleveland 5,695 34,716 
Coleman 7,627 48,067 
Columbus 3,999 25,960 + 

Commerce 5,347 43,953 + 
Crockett 7,166 88,993 + 

Cuero 5,484 40,313 + 
Dalhart 6,061 35,822 
El Campo 10,762 62,248 4 
Electra 4,790 26,486 -10 

Falfurrias 6,436 30,659 + 2 
Freeport ............. . 16,187 106,777 + 2 
Galena Park 6,280 39,591 
Georgetown 5,707 ' 

86,968 8 
Gonzales 6,022 40,013 
Groves 6,934 40,728 
H earne 3,935 28,606 
Hillsboro 7,364 48,824 1 
Hurst 8,832 57,224 + 11 Kenedy 4,153 25,612 + 2 Kerrville 18,790 95,429 
+ ' 
La Grange 5,911 31,992 + 2 
Lake Jackson 6,250 4o,712 + Liberty 9,015 48,646 + Marlin 8,491 49,709 + 4 Mathis 2,376 15,132 7 N avasota 5,498 34,053 
+ 
Perryton 10,628 55,583 + 1 P ittsburg 4,385 26,818 + 5 Port Lavaea 10,581 63,119 + 8 Rusk 5,716 84,857 8 Seminole 5,833 29,010 8 Stephenville 9,061 61,646 •• 
Taft 3,527 18,788 + 
Wha rton 8,365 54,251 + W innsboro 3,860 25,377 + Yoakum 15,856 88,876 + 
**Cha nge is less than one-half of 1%. 

TEXAS BUILDING CONSTRUCTION IN JUNE 
by Robert M. Lockwood 


STIMULATED BY NOTICEABLY MORE VIGOROUS RESIDENTIAL construction activity, which more than offset a disap­pointing month in the nonresidential sector, the index of total construction authorized in Texas, after adjustment for seasonal factors, increased 53 in June to a level of 121.8% of the 1957-59 average. The June improvement brought the average of the total construction index for the year (January-June) to 127.8% of the base period average, essentially the same level maintained over the 
first  six  months  of  1963.  At  119.2%  of  the  1957-59  
average,  the  six months'  average of the  index  of resi- 
INDEX OF HESIDENTIAL  
CONSTRUCTION Al!TII OR IZED  
INDEX ­ADJUSTED FOR SEAS ONAi. VAJUATION-1957-1959• 100  


INDEX OF NO RESIDENTIAL 
BUILD! G AUTHORIZED 

INOEX -l<DJUSTEO FOR SEASONN. VAJUATION-1957-1959 • 100 
2oor-"""""
~.,.,--,-.--=~-.-.-,,mi1=---:-.--.--.-.200 
1soi--~7:$~--+--+-~ 
HlHH1't--ttAt---tlll1t--t1 so 
'.~ I I ~Al 
VI 
0 
I 00 t--i!:t'&%Ott~ tt..-f~+-1111-11Aififi'
,,,• 1 •'l\++-J~~f'J-All~l-HH-J~+-'-p-+-1-11 00 
,, [@' flf\. VJ VI )VV 
• 
O'=::~~--1.--'-""""'}'---'-___L-_L__10



·~~~~-c=-'-,,~--"""""'­

195.l '54 'SS '56 '57 '58 '59 '60 '61 '62 '63 '64 
NOTE: Sh&ded & ru1 1ndic1.te p"riod1 of do:chn" of tot&! buune•• ilct1v1ty in the United S1&te1. 
ESTIMATED VALUE OF BUILDING AUTHORIZED 
Source: Bureau of Business Res~.arch in cooperation with the Bureau 
of the Census, U. S. Department of Commerce 
Percent changeJun Jan-Jun 1964 1964 Jun 1964 Jan-Jun 1964 
from from Classification (thousands of dollars) May 1964 Jan-Jun 1963 
ALL PERMITS $132,688 $814,351 + 8 •• New construction 116,198 725,368 + 6 •• Residential 
(housekeeping) 71,091 440,890 + + 1 One-family dwellings 52,373 316,180 + 4 + 3 Multiple-family 
dwellings 18,718 124,710 + 5 
Nonresidential 
buildings 45,107 284,478 + 
Nonhousekeeping 

buildings (residential) 2.177 18,992 -30 + 66 Amusement 
buildings 813 11,417 +180 -51 Churches 4,445 22, 756 -19 + 44 Industrial buildings 5,135 29,509 + 44 + 19 
Garages (commercial 
and private) 805 3,883 + 32 -5 Service stations 1,355 8,283 + 13 + 29 Hospitals and 
institutions 1,314 28,884 -52 + 6 Office-bank buildings 3,243 30,908 -51 -36 Works and utilities . 1,925 5,815 +442 -66 Educational 
buildings 11,359 53,756 + 76 -16 Stores and mercnntile buildings 10, 737 60,396 + 12 + 73 Other buildings and structures 1,799 9,879 + 17 + 15 Additions, alterations, and repairs 16,490 88,983 + 29 -1 
METROPOLITAN vs. NONMETROPOLITANt Total metropolitan 107,447 679,177 + 5 s 
Central cities 80,945 524,930 + 8 6 Outside central cities. 26,502 154,247 1 + 6 Total nonmetropolitan 25,241 135,174 + 22 + 22 
10,000 to 50,000 population 14,953 74,710 + 36 + 16 Less than 10.000 population 10.288 60,464 + + 32 
t As defined in 1960 Census. 
''•Change is less than one-half of l o/c. 

dential construction exceeded by 1'7( the comparable fig­ure for last year, while the average of the nonresidential index fell off 1o/r to 140.0'7(. 
Although these changes in the January-June index av­erages were insignificant from 1963 to 1964, they failed to reflect the violently shifting fortunes of construction activity in the state since January. 
Nudged by authorizations for office-bank and amuse­ment buildings, hospitals, and schools, the index of total construction rose considerably in January, assisted by a flurr:,r of apartment permits. Although the nonresidential index improved slightly on its already high level in Febrmn:1, faltering apartment authorizations offset these gains to depress slightly the total index. The total fell off a little more in March, when a promising residential recovery was overwhelmed by a considerable nonresidential slump. 
Decreased residential activity in April, however, was obscured by a nonresidential surge which pushed the index of total construction to the 1964 high of 143.97<. 

AUGUST 1964 
RANK OF TEN LEADING METROPOLITAN AREAS IN RESIDENTIAL AUTBORIZATIONS,1 
JANUARY-JUNE 1963 AND 1964 

One-family Apartmenta' 
Number of units  Value  Number of units  Va!Qe  
Metropolitan area  1964  1963  1964  1963  1964  1963  196'  1"8  
Dallas Houston Fort Worth San Antonio Austin Amarillo Lubl>ock El Paso Corpus Christi Beaumont-Port Tyler Abilene Waco  Arthur  2 . .. .. .. . .... . . . . . .. .. . . . . ... . .. 3 4 . . . . .. . . . .. . . . . • . • .. .. . . . .. . 5 6 7 8 9 . . . 10  2 3 4 5 6 7 9 10 8  1 2 8 4 5 6 7 8 9 10  1 2 8 5 4 6 7 8 9 10  1 2 8 6 7 10 6 4 8 9  2 6 '8 7 9 10 8 6  2 1 a 7 '10 6 8 8 9  I 1 e '•6 8 9 10  

'Excluding two-family dwellings. 

But in May a noticeable decrease in residential activity combined with a definite nonresidential sag to produce the largest percentage decrease in the total index in 15 months. With the more hopeful June, 1964 appears, allow­ing for seasonal factors, to be about the same at midyear as 1963. 
Considerable decreases in the number and value of one­family homes authorized in significant metropolitan areas during the first six months were sufficiently offset by the healthy nonmetropolitan activity to increase by 3% the value of single-family housing, although the number of units fell off by 2% (less than 400 units). 
The statewide decline of 6% in value and 13% in number of apartment units obscures an apparent shift of the center of apartment building from the larger to the smaller metropolitan areas and from the metropolitan areas to the nonmetropolitan areas, where both the value and number of apartment units authorized increased more than 150% through June, compared to January-June 1963. This trend is in contrast to the metropolitan areas, which experienced a slump of 11% in value and 18% in number of apartments permitted during the first half. Although some metropolitan areas experienced increases of up to several hundred percent in both number and value of apartments, these areas generally were not the largest. Dallas, Houston, Austin, and San Antonio uni­formly declined in apartment authorization. A notable exception among the larger areas was Fort Worth, where apartment permits increased 120% in number of units and 179% in value. 
BUILDING AUTHORIZED IN TEXAS 
SELECTED CITIES 

Residential Dwelling units (number) Nonresidential Total construction• January-June Jan-June January-June January-June
Percent. Percent Percent PercentCity 1964 1963 change 1964 1963 change 1964 1963 change 1964 1968 cha11re 
Abilene ... . $ 4, 731,269 $ 6,452,453 -27 401 426 -6 $ 1,244,170 $ 2,184,027 -43 $ 6,317,088 $ 8,981,228 -80 Amarillo 
12,418,815 14,199,930 -13 907 1,066 -15 5,642,240 6,206,669 -9 21,050,431 22,748,779 -7 Arlington 
6,836,507 7,299,824 -6 610 615 -1 3,886,109 2,923,196 + 33 11,240,884 10,522,091 + 7 Austin 21,431,300 
25,100,456 -15 1,503 1,931 -22 10,948,751 14,621,693 -25 34,245,652 42,711,178 -20 Beaumont 3,209,316 
3,313,953 -3 291 318 -8 2,946,083 3,367,186 -13 6,714,048 7,204,261 7 Corpus Christi 8,031,082 6,119,081 
+ 31 879 613 + 43 3,642,394 4,230,848 -14 12,854,061 12,242,104 + Dallas 54,285,565 60,368,675 +
-10 5,998 7,365 -19 48,323,147 47,860,070 1 118,193,705 120, 780,827 6 1':1 Paso 13,687 ,610 9,275,321 48
+ 1,421 713 + 99 7.093,607 10,086,203 -30 23.697,671 22,886,704 + 6 Fort Worth 13,195,704 8,617,545 + 53 1,463 836 + 75 9,569,118 14,751,598 -35 28,684,000 29,886,069Gnlveston 1,626.011 1,436,909 
+ 6 149 112 + 33 4.517,844 7,295,061 -38 6.886,682 9,273,809 -26' Garland 5,529,982 
8,654,925 -35 461 l ,150 -60 4,289,807 4,175,705 + 3 10,522.448 18,275,949 -21 Grand Prairie 2.878.950 2.975,230 3 191 243
--21 739,372 1,418,472 -48 4,194,559 4,899,672 -UHouston 76,707,370 94,264,983 -19 7,417 11,367 -35 62,439,268 !i6,088,165 -7 167,833,482 175,420,696 -10
Irving 
14,269,995 8,813,345 + 62 l,9!i9 1,023 + 91 5,079,461 4,793,451 + 6 19,526,906 18,818,064 + 41Longview 1,649,000 1.955,000 -16 94 117 -20 2,130,700 1,526,464 + 40 4,062,000 4,047,86( ••Lubbork 15,986,917 10,454,417 

+ 53 1.375 767 + 79 8,585,277 12,659,410 -82 25,860,035 25,094,212 + aMesquite 2,520,008 4,808,629 -48 242 472 -49 821.642 1,074,987 -24 3,582,900 6,066,669 -41Midland 4,231,800 4,075,000 4
+ 299 236 + 27 2,120,700 2,507,685 -15 7,008,805 7,480,997 -6Odessa 1,650,700 1,566,822 
+ 5 73 81 -10 829,670 2,127,698 -61 8,109,266 4,080,942 -28
Port Arthur 
711,616 831,882 -14 67 78 -14 l,8!i8,956 911,192 +104 8,544,144 2,286,502 + 68Rirhnrdson 7,135.929 8,581,129 -17 412 677 -39 4,287,409 1,366,648 +214 11,534,983 10,092,490 +uSan Anitelo 2,243,000 1,728,250 + 30 242 a

158 + 53 435,327 968,000 -56 8,038,110 2,986,888 +Snn Antonio 17,102,701 16,103.776 + 2,164 9
Tyler 2,0!i3 + 5 10,163,299 9,333,977 + 9 32,468,828 29,666,087 + 
4,848,100 5,090,670 

WAco -5 271 468 -42 7.912,302 91;9,500 +725 13,079,941 6,682,797 + 99 5,734,475 !i,650,910 + 1 508 -18
Wichita Falls 588 -14 1.727.894 2.519,656 -31 8,665,581 9,630,564
1,432,940 4,194,865 -66 107 385 -72 3,987,940 3.~47,481 + 23 6,689,011 8,878,114 -20 

:!ncludes additions, alterations, and repairs. 
Change is less than one-half of 1o/o. 

TEXAS BUSINESS REVIEW 






LOCAL BUSINESS CONDITIONS 

Percent change  Percent change  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1963  Jan-June 1964 from Jan-June 1963  

ABILENE  
Standard Metropolitan Statistical Area  
(pop. 126,9901 ;  Jones  and Taylor2 )  
Nonfarm employment (area) . Manufacturing employment  (area).  36,500 4,380  + 1 ••  •• + 6  S6,025 4,SS2  36,617 4,S63  -- 2 1  
Percent unemployed  (area) .  5.2  +  8  -20  5.6  6.5  - 14  
ABILENE (pop. 90,368)  
Retail sales  - at  + s  + 9  
Apparel stores  .  - 16t  - 16  + 8  + 6  
Automotive  stores  4t  + 13  -10  + 20  
Drug  stores  St  -10  + 13  - 2  
Eating and drinking places . Food stores Furniture and household appliance stores . General merchandise stores.  - 4t 4t 4t 18t  2 + 8 8  + 15 + + 7  + 14. 
+ 8 + 4  
Lumber, building material, and hardware stores .  - 3t  + 6  ..  
Postal receipts•  .. .s  127,693  + 11  s  776,5S2  $  7S8,406  + 6  
Building permits, less federal Bank debits (thousands) .  contracts.  $ . .$ 749,850 119,309  9 + 11  -44 + 24  $ $  6,317,038 685,543  $ $  8,981.228 6S0,07S  -so + 9  
_End-of-month deposits (thousands) t .. Annual rate of deposit turnover .  $ 65,471 22.l  + 2 + 8  -10 + 37  $  66,0S9 20.5  $  71 ,793 17.5  -8 + 17  

ALICE (pop. 20,861) Retail sales ..... .. .. .  St  8  +  +  9  
Lumber, building material, and hardware stores.. ............ . . Postal receipts• .. $ Building permits, less federal contracts........ .$  St 18,765 45,170  + 16 •• -20  + 14 + 17 -72  $ $  109,241 868,084  $ $  109,250 960.487  ••.. -10  
ALPINE (pop. 4,740) Postal receipts• . ...... . Building permits, less federal contracts . Bank debits (thousands) . End-of-month deposits (thousands) t . Annual rate of deposit turnover.  .. .. .$ $ $ $  4,822 6S,200 3,169 4,108 9.7  -26 +169 + + 10 +  -1.) +218 + 17 + 12 + 9  $ $ $  S2,842 150,696 19,125 4,113 9.S  s $ $  32,677 251,200 17,845 3.826 9.2  + 1 ·­40 + 7 + 7 +  

Indicators of business conditions in Texas cities pub­lished in this table include retail trade, postal receipts, building permits, banking, and employment. City infor­mation is published when a minimum of three indicators is available. 
The cities have been grouped according to Standard Metropolitan Statistical Areas. In Texas all 21 SMSA's are defined by county lines and, for this reason, the counties are listed under the major heading for the area.2 The population shown for the SMSA's are estimates for April 1, 1963,1 prepared by the Population Research Cen­ter, Depa1tment of Sociology, The University of Texas. The cities within the counties are listed with the appro­priate SMSA; all other cities are listed alphabetically. The population shown after the city name is the 1960 Census figure with the exception of those marked (r), which are estimates officially recognized by the Texas Highway Department. 
Retail sales data are reported in this tabulation only when three or more stores report for the category. The first column contains an average percent change from the preceding month marked by a dagge1· (t). This is the normal seasonal change in sales by that kind of busi­ness. The second column shows the percent change in actual sales repo1ted for the month. The third column shows the change in sales from the same month of the preceding year. A large variation between the normal seasonal change and the reported change indicates an abnormal month. Waco retail sales information is re­ported in cooperation with the Baylor Bureau of Busi­ness Research. 
Postal receipts information which is marked by an asterisk (*) indicates cash received during the four-week postal accounting period ended June 19, 1964. 
End-of-month deposits as reported represent money on deposit in individual demand deposit accounts on the last day of the month and are indicated by the symbol (t). 
Figures under Texarkana with the following symbol (§) are for Texarkana, Texas, only. Changes of less than one-half of 1% are marked with a double asterisk (**). 
AUGUST 1964 
Perce,.t change  Percent chanse  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1968  Jan.June 1964 from Jan-June 1968  

AMARILLO 
Standard Metropolitan Statistical Area 

(pop. 166,6161;  Potter and  Randall2 )  
Nonfarm employment (area) Manufacturing employment Percent unemployed (area) .  (area) .  64,200 6,460 L7  + + ~  •• + 6 8  54.200 6,878 8.8  58,717 6,020 4.0  + +  
AMARILLO (pop. 155,205r) Retail sales  - 3t  + 4  + 7  + 7  
Apparel stores  - 16t  +  3  + 12  2  
Automotive  stores  4t  + 31  + 15  + 16  
Eating nnd drinking places.  4t  -12  - 6  + 10  
Florists  -46  -12  -18  
Furniture and household appliance stores .  4t  + 7  + 17  +  
Gasoline and service stations .  + It  +  8  +  
Lumber, building material,  
and hardware  stores .  3t  + 16  + 6  
Postal receipts•  $ 238,850  1  + 2  $ 1,468,915  $ 1,429,521  + 2  
Building permits, less federal  contracts.... . ....$  3,302,815  -13  +  $ 21,050,431  $ 22,748,779  7  
Bank debits (thousands) .  . . . $  314,410  + 4  + 28  $ 1,784,995  $ 1,461,000  + 22  
End-of-month  deposits  (thousands) t .  . ... $  128,760  + 3  + 7  $ 128,919  $ 121,285  + 6  
Annual rate of deposit turnover.  29.8  + 3  + 19  27.8  28.9  + 16  
CANYON (pop. 5,864)  
Postal receipts•  . ...$  5,698  -12  -24  $ 41,988  $ 89,010  + 8  
Building permits, less federal  contracts .  . . ...$  159,000  +125  -70  $ 661,560  s  1,050,490  -87  
Bank debits (thousands) . End-of-month deposits (thousands) t .  . .. $ ...$  6,492 6,383  + 4 + 3  + 13••  $ $ 43,306 6.963  $ 41,515 $ 6,826  + + 2  
Annual rate of deposit turnover.  12.4  + 8  + 14  12.8  12.1  + 2  

ANDREWS (pop. 11,135)  
Postal receipts•  . . . . ....$  7,463  - 9  -26  ~  49,537  $  64,752  -10  
Building permits, less federal  contracts .  $  18,015  -58  -45  $  238,390  $  450,278  -47  
Bank debits  (thousands) .  .. . $  5,611  + 2  +  $  34,658  $  85,298  2  
End-of-month  deposits  (thousandsli .  . . . $  6,948  + 1  + 2  $  7,042  $  7,397  6  
Annual rate of deposit turnover.  9.7  +  2  + 2  9.8  9.5  + 8  
ARANSAS PASS (pop. 6,956)  
Postal receipts•  .$  4,459  1  $  29,072  $  30,218  
Building permits, less federal  contracts .  . ... $  7,092  -91  -89  $  168,212  $  844,246  -61  
Bank debits  (thousands) ... ... ...... ........ ...$  4,530  + 11  -10  $  27,634  $  28,067  - 2  
End-of-month  deposits  (thousands)t .  . . .. .. $  5,101  + 2  -17  $  5,292  $  6,131  -14  
Annual rate of deposit turnover .  10.7  + 11  + 7  10.3  9.2  +12  

ARLINGTON: see FORT WORTH SMSA 

ATHENS (pop. 7,086)  
Postal receipts•  $  10,048  -11  -12  $  64,700  $  60,855  + 6  
Building permits, less federal  contracts .  . . . $  109, 100  + 75  -72  $  846,400  $  1,897,225  -89  
Bank debits  (thousands) .  . ...... . .. ...$  11,558  -1  + 21  $  67,343  $  59,819  +14  
End-of-month deposits (thousands)t . Annual rate of deposit turnover .  $  9,651 13.6  -10 + 5  5 + 16  $  10,604 12.6  $  9,867 12.1  + 7 + 4  

AUSTIN  
Standard Metropolitan Statistical  Area  
Nonfarm employment (area) . Manufacturing employment Percent unemployed (area) . AUSTIN (pop. 186,545)  (area) .  (pop. 234,391t; Travis2) 90,900 • 0 + 5 6,260 + 1 + 8 3.7 + 42 -10  90,167 6,152 3.1  86,188 6,840 8.4  + 5 + 5 9  
Retail sales Apparel stores Automotive stores Drug stores EMting and drinking places . Food stores Furniture and household ~~~ii·~~~e . s.tor~~ . Gasoline and service stations . General merchandise stores . I...umher, building material,  St 16t 4t St 4t 4t 4t + lt -18t  -8 -16 2 -5 -12 2 + 8 + 11 -20  -1 + 11 + 11 + 3 -11 -2 + 21 + 10 -18  + + 6 +21 + 1 -10 -7 + 10 + 6 -11  
and hnrdware stores . Postal receipts• . . . . . . . . . Building permits, less federal contracts. R•nk <l•bits (thousands) . . . . . . . . . . .. ~:n<l-of­month deposits (thousands) t . . Annual rate of deposit turnover . . . . .  -3t fiOl,361 3,807,930 282,216 165.45!} 20.6  +  •• 7 17 17 1 12  -3 + fi -24 + 17 + 4 + 11  s 3,080,926 $ 34,245,652 $ 1,840,830 $ 174,746 21.0  s 2,949,669 $ 42,711,178 s 1,718,940 $ 168,850 20.8  + 2 + 4 -20 + 7 + 7 +  

Percent cl:ange  Percent change  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1H3  Jan-June 19'54  Jan-June 1963  Jan-June 1964 from Jan-June 1968  

BAY CITY (pop. 11,656)  
Retail sales ... . .. . . .... . .. . . . ... .. ......... Automotive stores ··· ······ General merchandise stores. ····· ······ ·  --- St 4t 18t  + 9 + 16 -24  + 16 + 24 + 17  + 11 + 9 + 24  
Postal receipta• .... . . .. .. ... . . .. . ... ..$ Bank debits (thousands) ....... . ...$ End-of-month deposits (thousands) i . .. $ Annual rate of deposit turnover. Nonfarm placements ········· · ·· ····· · ·· · ·  14,149 15,445 23,942 7.7 112  --+  1 1 •• •• 6  + 8 + 15 + 13 + 1 + 44  s s $  81,447 98,060 24.876 7.8 584  s $ s  80,558 90,499 22,023 8.2 468  + 1 + 8 + 13 -5 + 25  

BAYTOWN: see HOUSTON SMSA 
BEAUMONT-PORT ARTHUR  
Standard Metropolitan Statistical Area (pop. 318,0541; Jefferson and Orange2 )  
Nonfarm employment (area) . Manufacturing employment Percent unemployed (area)  (area) .  114,200 36.180 6.2  •• + + 19  + 6 + 1 -2a  112,233 35,45a 6.2  106,383 34,908 7.9  + 5 + 2 -22  
BEAUMONT (pop. 119,175)  
Retail sales . . . . . . . . . . . . . . . . .. Apparel stores ·· ····· ··· ··· ·· ··· ·· ········ Automotive stores Drug stores ·· ··········· Eating and drinking places Food stores . . . ... . ......... . .... . ... .. Gasoline and service stations . General merchandise stores . . . ... . . . . . . . .  -at -16t 4t St 4t 4t + 1 t 18t  -9 -12 -4 -7 -la -2 + a -22  + 7 -2 + 19 + •• + 11 + 12 7  + 4 + 4 + 7 •• + 1 + 6 + 8 1  
Lumber, building material, and hardware stores . Postal receipts• . .... . . Building permits, Jess federal contracts . Bank debits (thousands) . End-of-month deposits (thousands) i . Annual rate of deposit turnover .  at .$ 148,802 ....$ 1,167,866 .......$ 213,807 s 104,921 24.7  + 5 + 6 + 19 + 2 + +  + + 19 -3 + 21  s $ $ $  846,570 6.714,048 1,275,830 106,515 2a.s  $ $ $ s  840,905 7,204,251 1.105,395 106,726 20.7  + 6 + 1 7 + 15 •• + 15  

NEDERLAND (pop. 12,036) Postal receipts• $ 8,434 5 + 7 $ 50,991 $ 58,408 -5 Bank debits (thousands) . .....5 5,969 + s + 20 $ 36,611 $ a2,52a + 13 4,868 $ a,973 + 23
End-of-month deposits (thousands) t . ....$ 5,056 + + 28 s 
Annual rate of deposit turnover. 14.5 + ­
8 15.2 16.4 -7 

ORANGE (pop. 25,605) 
4Retaii sales ..... ... -St -15

···· ··· ···· ···· ··· · 
6

4t 7 -17 Postal receipts• ... ... $ Sl,425 + 7 + 10 s 176,419 $ 164,76a + 7 Building permits, leas federal contracts . . .s 64,546 -80 Automotive stores ­
-95 s l ,149.a66 $ 2,048,000 -44 Bank debits (thousands) .. . .... $ 27 ,281 
-11 + $ 182,al3 $ 170,849 + 7 2 $ 25,601 24,918 + 3End-of-month deposits (thousandslt. . .. $ 24,604 + 3 + 
14.2 13.6 + 4Annual rate of deposit turnover . la.5 8 + 5 1,osa 876 + 24Nonfarm placements 204 8 + 51 

PORT ARTHUR (pop. 66,676) Retail sales St -12 + 7 + 7 Eating and drinking places. 4t -5 -16 -15 Furniture and household appliance stores . 4t + 12 -4 + 8 Postal receipts• .3 56.376 + 8 + 27 S28,936 $ a23,324 + 2 a,544,144 $ 2,2a6,502 + 58
Building permits, Jess federal contracts .. ....$ 1,484,088 + 544 +411 
395,497 s aso.627 + 4

Bank debits (thousands) . .. ... $ 6S.719 7 + 
42,S78 4a,022 

End-of-month deposits (thousands>t .. . . $ 42,006 + 
17.7 +
18.6 

Annual rate of deposit turnover ... 18.2 5 + 
PORT NECHES (pop. 8,696) Postal receipts• ... ... $ 8,03S 8 + s 
$ 49.442 s 44,6S5 + 11 8 -:il $ 590,909 $ 874,278 -32Building permits, leas federal contracts. .$ 65,150 11

Bank debits (thousands) ... ....$ 8.415 + .. $ 54.708 $ 49,185 + 
End-of-month deposits (thousands) i. $ 6,360 13 .. s 6,547 $ 6,106 + 7 

16.7 16.1 + 4Annual rate of deposit turnover. 14.8 + 6 -14. 

191

AUGUST 1964 
·Percent change  Percent chaqe  
City and item  June 1964  June 1964 from May 1964  June 1S64 from June 196S  Jan-June 1964  Jan-June 1968  Jan-June 1964 from Jan-June 1968  

BEEVILLE (pop. 13,811) Retail sales Drug stores -St -2 + s Postal receipts• .. $ -6
11,6SO -13 -s $ 76,061 $ 79,7S4 + ' Building permits, less federal contracts . .. .. . .. $ 7S,S05 -19 + 10 $ 2S4,74S $ 441,944 -86 Bank debits (thousands). .$ 10,648 + 4 + 3 $ 64,736 $ 65,699 1 End-of-month deposits (thousands) t. . $ 14,799 •• + $ 14,676 $ 14,891 + 2 Annual rate of deposit turnover. S.6 + 2 2 s.s 9.1 8 Nonfarm placements 116 -17 + 12 710 676 + 
BIG SPRING (pop. 31,230) Retail sales  - St  + s  + 10  + 8  
Apparel stores . . .. . ... . Automotive stores  -16t -4t  + 34 + 11  + 10 + 16  + 9 +u  
Drug  stores  St  -11  -10  7  
Lumber, building material,  
and hardware stores ..  St  + 6  - 4  8  
Postal receipts•  . . .. $  S0,494  - 4  - 3  $  190,623  $  232,846  -18  
Building permits, less federal  contracts.  .. ...$  1,024,120  +64S  +384  $  2,288,066  $  2,718,811  -16  
Bank debits  (thousands) .  ....$  35,525  +  6  $  224,S96  $  244,89S  8  
End-of-month  deposits  (thousands) t .  $  23,011  +  - 9  $  24,554  $  26,768  - 8  
Annual rate of deposit turnover.  18.6  + 2  + 3  lS.1  18.0  + 1  
Nonfarm placements  231  + 11  + 14  1,219  978  + 26  

BISHOP: see CORPUS CHRISTI SMSA 

BONHAM (pop. 7,357)  
Retail sales  
Automotive  stores  - 4t  -20  + 50  + 26  
Postal receipts•  . $  S,325  + lS  + 22  $  43,S41  $  41,147  + 7  
Building permits, less federal contracts .  .... $  66,SOO  -S4  + S7  $  555,'900  $  1,022,676  -46  
Bank debits  (thousands) .  . ...$  S,497  + 10  + 7  $  49,S52  $  4S,6SO  + 1  
End-of-month  deposits  (thousands) t .  .. $  7,627  +  $  7,955  $  7,691  +  
Annual rate of deposit turnover. . ....... ... .  lS.S  + 11  +  12.S  12.S  

BORGER (pop. 20,911) 

Pogtal receipts• .... $ 19,361 -lS + 2 122,502 $ 121,S79 + 1 Building permits, less federal contracts. 
$ 434,794 +132 +34S l,456,79S $ 1,008,693 + 46 Nonfarm placements 
208 + 38 + 66 895 679 + 82 
BRADY (pop. 5,338) 
Postal receipts• 	$ 4,722 

-8 -18 $ 31,2S7 $ Sl,S02 
Building permits, less federal contracts . $ 42,675 

-	47 +27S $ 342,010 $ 364,200 
Bank debits (thousands). 

.........$ 6,265 + 8 + 11 $ S4,674 $ 8S,014 + 

End-of-month deposits (thousands) t $ 7,621 + 3 + 4 
$ 7,410 $ 7,280 + 
Annual rate of deposit turnover. 

10.0 + 3 + 8 9.4 9.1 + 
BRENHAM (pop. 7,740) 
Retail sales 
General merchandise stores . 

-18t -lS -2 
+ 
rostal receipts• 	. .........$ 12,45S 


+ 25 -6 $ 59,416 $ 61,136 s 
Building permits, less federal contracts . $ 

72,525 -59 + 26 $ 511,945 $ 48S,939 + 6 
Bank debits (thousands) . . . ..$ 11,065 

-· lS + 11 $ 71,226 $ 64,469 + 10 
End-of-month deposits (thousands)t. $ 

13,648 + 5 + 2 $ 1S,S41 $ 13,277 •• 
Annual rate of deposit turnover . 


10.0 -15 + 11 10.7 9.7 + 10
Nonfnrm plR('ements 
41 

-	16 -15 290 317 -9 
BROWNSVILLE-HARLINGEN-SAN BENITO 
Standard Metropolitan Statistical Area 
(pop. 14<l.2071 ; Cameron") 

Nonfnrm employment (area) . 

35,200 •• + 1 S4,867 34,233 + 2 
Manufacturing employment (area) 5,S20 + -2 4,967 4,966 •• Percent unemployed (area) .... 
6.6 + -18 7.5 S.S -10 
BIWWNSVILLE 	(pop. 48,040) Retai 1 sales 
Automotive stores 

4t + 15 	+
Lumber, building material, 
and hardware stores 


St 9 2 	+ 6
Postal receipts• 

$ 31,7S4 	2
s 8 $ 205,560 $ 210,201


BuiMing permits, less federal contracts 

$ l 13,2n2 	+ 9
--78 -62 $ 1,410,407 $ 1,299,709Bank debits (thousands) . . . .... 
$ Sl,012 	3
+ + 2 $ 201,SS2 $ 20S,546Enrl-of-month deposits (thousands) t 
19,927 	6
+ + 3 $ 20,116 $ 21,256

Annual rate of deposit turnover . 
!!I.I 

+ + s 19.7 19.1 + 3 655 +106



Nonfarm placements 

+ +166 S,06S 1,484 
Percent change Percent change June 1964 June 1964 
Jan-June 1964June from from Jan-June Jan-June from

City and item 1964 May 1964 June 1963 1964 1963 Jan-June 1963 

HARLINGEN (pop. 41,207)  
Retail sales ............ . Automotive stores . . .... . ... . Food stores . .. ... ... ... . .. . . Gasoline and service stations .  St 4t 4t + lt  + 2 + 8 -10 + 11  + 22 + 42 l + 2  + + +  6 9 8 8  
Postal receipts• ..... .. . . Building permits, less federal Bank debits (thousands) .  .. ..........$ contracts . .$ . . $  30,982 119,S50 39,171  -13 + 62 + 7  -l +148 + 14  $ $ $  204,807 950,286 221,457  $ $ $  209,735 717,985 205,726  2 + 32 + 8  
End-of-month  deposits  (thousands) t . . .. ......$  21,895  - 6  + 11  $  21,078  $  19,669  +  7  
Annual rate of deposit turnover .  20.8  + 2  -1  21.1  20.3  + 4  
Nonfarm placements  682  + 11  + so  S,041  2,396  + 27  

LA FERIA (pop. 3,047)  
Postal receipts• . . . . . . . . .$ Building permits, less federal contracts . .$ Bank debits (thousands) . . . . . . . . . . . . . . ...$ End-of-month deposits (thousandsJi. . ..$ Annual rate of deposit turnover.... ..... . . . .  1,718 0 1,424 1,439 11.8  - 27 8  -33 -10 + 18 -2S  $ $ $ $  13,237 36,200 10,611 1,529 13.9  $ $ $ $  15,186 302,750 9,364 1,336 13.8  -13 -88 + 13 + 14 +  

LOS FRESNOS (pop. 1,289)  
Postal receipts•  . . . . . .  . ... $  1,238  - 8  - 8  $  7,456  $  7,576  - 2  
Building permits, less federal  contracts.  . ... $  16,300  +1064  +247  $  279,542  $  10,794  +2490  
Bank debits  (thousands) .......................$  2,016  + 2S  + 23  $  9,265  $  7,402  + 25  
End-of-month  deposits  (thousands) t .  $  1,601  + 9  + 32  $  1,497  $  l,240  + 21  
Annual rate of deposit turnover .......... .  15.8  + 23  +  12.5  11.3  + 11  

PORT ISABEL (pop. 3,575)  
Postal receipts•  . . . . . . . . . . . . . . .  . .. . . .. . . . $  2,267  + 12  -23  $  14,242  $  15,224  - 6  
Building permits, less federal  contracts .  .$  14,250  +352  -46  $  56,340  $  81,989  -31  
Bank debits  (thousands) . . . . .  . .........$  l ,342  9  + 25  $  8,333  $  6,770  + 2S  
End-of-month  deposits  (thousands) t .  $  1,166  3  + 28  $  1.205  $  1,109  + 9  
Annual rate of deposit turnover.......... . .  13.6  9  + 18  13.7  11.9  + 15  

SAN BENITO (pop. 16,422)  
Retail sales  
Automotive stores  -4t  -10  -31  -16  
Postal receipts• . . . . . . .................$  8,904  + 27  + 7  $  46.363  $  49,383  -6  
Building permits, less federal contracts.........$  21,170  + 71  + 34  $  243,338  $  198,670  + 22  
Bank debits (thousands) . . ...$  5,356  + 4  $  32,681  $  33,035  
End-of-month deposits (thousands) t . . ........$  5,302  + l  + 7  $  5,637  $  5,723  
Annual rate of deposit turnover .  12.2  + 6  3  11.5  11.4  +  
BROWNFIELD (pop. 10,286)  
Postal receipts• . . . . . . ..........•....$  10,766  -13  -6  $  67,015  $  • 67,006  ••  
Building permits, less federal contracts . . . $ Bank debits (thousands) . . . $ End-of-month deposits (thousands) t . . . $  86,850 15,935 13,671  + 45 -9 ••  -46 + 4 +  $ $ $  567,110 117,400 16,075  $ $ $  903,619 115,354 16,634  -37 + 2 3  
Annual rate of deposit turnover ..  14.0  -3  +  14.3  13.4  +  
BROWNWOOD (pop. 16,974) Retail sales .. . .  -3t  + 14  + 19  + 9  
Apparel stores Automotive stores  -16t -4t  + 11 + 20  + 40 + 17  + 6 + 14  
Postal receipts• ..... . Building permits, less federal contracts . Bank debits (thousands) . End-of-month deposits (thousands) t . Annual rate of deposit turnover . Nonfarm placements ....$ $ ....$ ... $  33,161 242,150 19,386 13,987 17.2 133  + 8 + 593 + 5 + 7 + +  + 9 +145 + 24 + + 22 + 55  $ $ $  193,805 1,180,310 111,828 13,340 16.8 660  $ $ $ $  185,141 650,757 98,081 13,243 14.8 500  + 5 + 81 + 14 + 1 + 14 + 32  

BRYAN (pop. 27,542) Retail sales . . . . . .... St 4 + 8 + 9 Automotive stores 4t + 5 + + 8 Lumber, building material, 
+ 17

and hardware stores . St + 9 + 27 
Postal receipts• . . . . .............. . $ 25,243 -10 -26 $ 164,877 

$ 167,655 -2 Bank debits (thousands) . ...$ 32,577 + 6 
$ 188,169 $ 166,711 + 13 End-of-month deposits (thousands) t . $ 21,231 + 7 + 14 $ 19,801 $ 18,521 + 7 Annual rate of deposit turnover . 19.0 -7 + 19.1 17.9 + 7 N-:mfarm placements 259 -10 + 3 1,514 l,S98 + 8 
AUGUST 1964 CANYON: see AMARILLO SMSA 
Percent change  Percent chanae  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1968  Jan-June 1964 from Jan-June 1963  
CALDWELL (pop. 2,204) Postal receipts• Bank debits (thousands) . End-of-month deposits (thousands) i . Annual rate of deposit turnover .  .$ .. $ $  2,837 2,485 3,863 7.6  + +  •• 3 3 1  + 29 + 4 + 7  $ 16,614 $ 14,980 $ 8,963 7.5  $ 16,223 $ 14,369 $ 3,890 7.8  + + 4 + 2 + 8  

CAMERON (pop. 5,640)  
Postal receipts• Building permits,  less federal  contracts .  .$ $  5,339 11,050  -19 +126  -25  $ $  42,499 80,871  $ $  41,966 61,090  + 1 + 32  
llRnk debits  (thousands) .  .. $  5,486  +  + 13  $  30,185  $  28,045  + 8  
End-of-month  deposits  (thousands >i.  $  5,325  +  +  11  $  5,190  $  4,905  +  
Annual  rnte of deposit turnover .  12.6  +  2  + 2  11.6  11.3  +  

CARROLLTON: see DALLAS SMSA 

CISCO (pop. 4,499)  
Postal receipts•  ........ $  4,170  - 25  - 10  $  27,014  $  28,940  
ll:rnk debits (thousands) . End-of-month deposits (thousands)t .  $ $  3,956 3,260  +  ••  +  2 10  $ $  23,124 3,398  $ $  21,797 3,741  +  9  
Annual rate of deposit turnover .  14.5  +  5  +  12  13.4  11.6  +  16  

CLEBURNE: see FORT WORTH SMSA 

CLUTE (pop. 4,501)  
Postal receipts•  ....$  2,144  +  1  - 4  $  12,949  $  12,405  +  4  
Building permits,  less federal contracts .  $  15,400  - 41  + 1085  $  114,170  $  290,410  - 61  
Bank debits  (thousands) .  .. $  1,984  - 8  + 14  $  11,577  $  10,545  +  10  
End-of-month  deposits  (thousands) i .  $  1,612  +  14  + 14  $  1,498  $  1,427  +  5  
Annual  rate of deposit turnover .  15.8  - 11  +  15.6  14.7  +  6  

COLLEGE STATION (pop. 11,396)  
Postal receipts•  ... $  22,708  +  2  + 24  $  139,921  $  132,644  +  6  
Building permits, less federal contracts .  .. $  336,924  +1041  +245  $  1,201,338  $  1,126,127  +  7  
Bank debits (thousands) . . ...... .. .. $ End-of-month deposits (thousands) l . $ Annual rate of deposit turnover .  5,162 3,71 5 16.6  -18 •• -17  + 25 + 28 +  $ $  33,929 3,762 18.1  $ $  24,201 3,040 15.9  + + +  40 2' 14  

COLORADO CITY (pop. 6,457) 
Retai I sales 
Lumber, building material, 
and hardware stores. 

-St + 1 + 21 -12 
Postal receipts• 

.. .. $ 4,732 -12 
-11 33,011 $ 35,514 
Bank debits (thousands) 
$ 4,029 + 
5 $ 28,185 $ 30,491
End-of-month deposits (thousands) i. 

. .$ 5,985 + 3
+ $ 6,483 $ 6,399 +



Annual rate of deposit turnover . 

8.1 + 7 8.6 9.4 
COPPEl{AS COVE (pop. 4,567) 
Postal rcceiptser ... . .... 
4,391 

-17 + 14 $ 26,358 $ 23,168 + 14
Building permits, less federal ·c·;~t.ra·c~~ : . 

174,450 +242 8
+ 38 $ 1,256,474 $ 1,223,697 +
HRnk debits (thousands) ... 
...

····· 1,550 + 6
+ 20 $ 9,394 $ 8,909 +
End-of-month deposits (thousands) t. 

1,629 + 16 + 32 $ 1,608 $ 1,198 + 34 
AnnuRI rate of deposit turnover . 

12.3 11 -21
+ 9 11.8 14.9 
CORPUS CHRISTI  
Standard Metropolitan Statistical Area  
(pop. 223,0601 ;  Nueces")  
Nonftt.rm employment (area) Manufacturing employment Peuent unemployed (area) BISHOP (pop. 3,722)  (area)  70,600 8.850 4.7  + + + 24  + 3 -13  69,250 8,698 4.6  68,117 8,830 5.2  + 2 -1 -12  
Postal ret"eip ts'°' lluilding permits, . less federal Bank debits (thousands) . C?Ont racts . End-of-month deposits . ... .. ... (thousands ) l Annual rate of deposit turnover .  3,422 . $ 0 . ... $ 1.618 2,001 9.7  + -· II i::::;: 8  -16 -10 -21 + 9  $ $ $ $  18,093 132,000 10,603 2,143 9.7  $ 19,829 $ 193,423 $ 11,145 $ 2,483 8.9  9--82 -6 -H + 9  
200  
TEXAS BUSINESS REVIEW  

Percent change 
Percent change 

June 1964 June 1964 
Jan-June 196-1

June from 
from Jan-June Jan-June from
City and item 1964 

May 1964 June 1963 1964 1963 Jan-June 1963 
CORPUS CHRISTI (pop. 184,163r)  
Retail sales Automotive storea Drug storea . . .. . Food stores ...... . General merchandise storea. . .  - 3t 4t St 4t 18t  + +  4 6 2 9  + 11 + 16 + 12 1 -1  + + +  9 16 7 ••  
Postal receipts• . . . . . . . . . . . . . . . . . . . . . . . Building permits, less federal contracts .  . ...$ . ...$  204,223 1,636,998  2 I  + 6 -18  $ 1,224,675 $ 12,854,051  $ 1,198,116 $ 12,242,104  + +  2 5  
Bank debits  (thousands) .  . ............$  227,669  +  7  + 13  $ 1,355,888  $  1,246,717  +  9  
End-of-month  deposits  (thousands)t.  . .. .$  119,523  +  3  + 6  $ 117,124  $ 115,615  +  1  
Annual rate of deposit turnover.  23.2  +  6  + 10  23.0  21.5  +  7  

ROBSTOWN (pop. 10,266)  
Retail sales  
Automotive  stores  - 4t  - 1  5  +  5  
Gasoline and service stations .  +  1t  - 6  3  3  
Postal receipts•  . . . . . . . . . . . .  . ...............$  8,990  + 22  +  $  49,121  $  50,168  2  
Building permits, less federal  contracts .  . ...$  46,330  + 80  $  272,641  $  363,740  -25  
Bank debits  (thousands).  $  10,410  + 8  + 20  $  59,641  $  56,150  + 6  
End-of-month  deposits  (thousands) t ...........$  7,905  7  4  $  8,529  $  8,780  - s  
Annual rate of deposit turnover.  15.3  + 9  + 20  13.9  12.6  + 10  
CORSICANA (pop. 20,344)  
Retail sales  ....  3t  - 2  + 18  + 4  
Lumber, building material,  
and hardware stores .  3t  + 15  + 42  + 7  
Postal receipts•  .  . ........ . ....$  17,247  -18  -17  $  119,531  $  132,109  -10  
Building permits, less federal  contracts .  . .$  326,562  +153  +250  $  1,686,228  $  674,514  +150  
Bank debits (thousands) . . End-of-month deposits (thousands)t .  . .. .$ . .. .$  18,453 20,728  + 3 ••  + +  $ $  110,932 21,081  $ $  109,549 20,547  + 1 + 3  
Annual rate of deposit turnover.......... . . .  10.7  + 3  + 6  10.4  10.6  - 2  
Nonfarm placements  ........... .. .  267  - 12  + 33  1,264  1,002  + 26  

CRYSTAL CITY (pop. 9,101)  
Postal receipts•  ..... ...... . .........$ 3,380  - 6  -19  $ 21,724  $  22,614  - 4  
Building permits, less federal  contracts .  .$  6,000  -73  -76  $ 157,419  $  211,745  -26  
Bank debits  (thousands) .  . ... $ 2,844  + 3  + 8  $ 17,537  $  18,029  - 3  
End-of-month  deposits  (thousands)t .  . .... $ 2,568  +  - 5  $ 2,639  $  2,938  -10  
Annual rate of deposit turnover .  13.6  + 5  + 18  13.l  12.2  + 7  
DALLAS  
Standard Metropolitan Statistical  Area  
(pop.  1,195,1991; Collin, Dallas,  Denton,  and  Ellis2 )  
Nonfarm  employment  (area) .  509,600  +  +  4  503,700  481,683  +  5  
Manufacturing employment  (area) .  115,050  +  2  + 7  113,311  106,175  + 7  
Percent unemployed  (area) . ............... .  3.8  +  23  10  8.6  4.0  - 10  
CARROLLTON (pop. 4,242)  
Postal receipts• Building permits, less federal  ................$ contracts . . ... $ 7,781 158,000  -3 -90  + 10 -79  $ 44,963 $ 3,119,076  $  38,586 2,408,950  + 17 + 29  
Bank debits (thousands) .  $ 5,583  4  +  $ 36,116  $  34,906  + 3  
End-of-month  deposits  (thousands) t  ... $  3,472  + 2  + 4  $ 3,358  $  3,439  2  
Annual rate of deposit turnover ........... . .  19.5  8  + 2  21.3  20.2  +  

DALLAS (pop. 679,684)  
Retail sales  4t  - 5  +  +  
Apparel stores  !St  -12  +  +  4  
Automotive stores  1t  + 6  +  +  8  
Drug stores  + 2t  + 1  + 15  +  
Florists  -­26t  - 37  + 16  + 11  
Food stores  ¢*t  6  7  5  
Furniture and household appliance stores . Gasoline and service stations .  + 13t 2t  + 5 + 7  + 15 + 9  + + 5  
General merchandise stores..... .. . . . .. .  9t  19  + 13  + 9  
Lumber, building material,  
and  hardware stores .  3t  + 10  
Nurseries  . . ... .. .......... .  -46  -38  + 10  
Office, store and school supply dealers . Postal receipts• .. . .. . ... . Building permits, less federal contracts . Bank debits (thousands) . End-of-month deposits (thousands) i . Annual rate of deposit turnover. ..... $ . ...$ ....$  9t 2,938,030 19,991,236 3,818,325 1,339,590 34.5  + 9 -7 + 17 + . 
 + 24 + 12 + 42 + lfi + 12  $ 18,229,071 $113,193,705 $ 22,460,546 $ 1.332,429 33.5  $ 16,609,669 $120,730,827 $ 21 ,216,428 $ 1,280,509 32.6  + 10 + 10 6 + 6 + 4 + 3  

AUGUST 1964 
Percent change  Percent change  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1963  Jan-June 1964 from Jan-June 1963  

DENTON (pop. 26,844)  
Retail sales Drug stores Postal receipts• Building permits, less federal contracts. Bank debits (thousands) . End·of.month deposits (thousands) t . Annual rate of deposit turnover . Non farm placement~  ... $ . $ .. .. $ $  -St 46,474 1,28 1,025 27,857 30,668 12.7 257  -+ + + + +  5 9 11 2 41 4 23  + 12 + 25 +175 + 15 + 16 + 15 + 39  $ $ $ $  261.913 6,035,172 174,998 27,356 12.8 1,093  $ $ $ $  244,125 7,368,970 151,083 26,403 11.4 934  + + + + + +  4 ~ 18 16 12 17  

ENNIS (pop. 9,347)  
Hetnil sales  
Apparel stores Postal receipts~ . . . . . . . . . . . . . . . . . Uuilding permits, less federal contracts Bank debits (thousands) . ~:nd·of­month deposits (thousands) t . Annua.I r1tte of deposit turnover .  .$ $ .$  -16t 10,174 75,550 6,290 7,125 10.8  ---+  15 7 76  + -+ +  5 35 79 4 7  $ $ $ $  69,736 1,118,139 39,714 7,131 11.1  $ $ $ $  71,956 458,942 40,062 6,966 11.5  + 7 -3 +144 +  

GAULAND (pop. 38,501)  
Retail sales  St  - 4  ••  +  
Apparel stores  ····· ···  . . . ...  ! Gt  -26  - 8  
Automotive  stores  4t  - 4  - 1  +  
Posh\I receipts•  .$  42,927  - 7  -24  $  282,516  $ 276,979  +  
Building permits.  less federal  contracts .  .. $  2,085,871  +154  16  $  10,522,448  $ 13,275,949  - 21  
!lank debits  (thousnnds) .  .. . $  35,731  2  + 21  $  223,626  $ 186,194  +  20  
End-of-month  deposits  (thousands) t  $  17,690  +  + 14  $  17,777  $ 15,215  +  17  
AnnuRI rate of deposit turnover .  24.6  +  25.2  24.4  +  3  

GUANO PUAllUE (pop. 30,386)  
Postal receipts• Building permits, less federal contracts . Bank debits (thousands) ~:nd-of-month deposits (thousands) t . Annual rRte of deposit turnover .  ... $ $ ... $ ... s  32,180 672,034 20,208 ll,646 21.2  + + + +  9 27 9 3 H  + -+ +  24 64 9 17 19  $ $ s  178,010 4,194,559 113,182 11 ,575 19.6  $ $ $ $  152,121 4,899,572 114,058 11.351 20.5  + -+  17 14 1 2  

IRVING (1>op. 45,985) 
Retail sales 
Lumber, building material, 

and hardware stores . 

-3t + 10 -2 
Po!ital receipts"' 

$ 60,268 + !) + 82 $ 282.713 $ 243,548 + 16 
Huilding permits, less federal contracts . 

s 3,541,702 + n2 +118 $ 19,526,906 $ 13,813,064 + 41
Ba nk debits (thousands) . 
$ 37,602 + 10 + 31 $ 209,725 $ 167,796 + 25End-of-month deposits (thousands) t. $ 16,114 -13 -8 $ 17,273 $ 14,890 + 16 




Annual rate of deposit turnover. 
26.1 

+ 
14 + 20 24.l 22.8 + 6 


J( TSTl'.11 (11011. 622) Postal receipts• ·· ·· · ····· Huilding permits, less federal contracts Bank debits (thousands) . F:nd-of-month deposits (thousands) t . Annual rate of deposit turnover .  797 0 1.802 1,025 23.0  + 38 + 42 + 20 + 26  + + 20 + 27 +  $ $ $ $  4,193 149,000 8,427 878 19.4  $ 4,273 $ 84,000 $ 9,053 $ 809 22.1  -2 + 77 -7 + 9 -12  
~lcKl;\;:'l;EY (pop. 13,763) Hetnil sales Food stores Pnstal receipts• Builil ing permits, less federal contracts . Bank 1lehits (thousands) . . . En•l-of-month deposits (thousands) t . Annuttl rate of deposit turnover NonJ.trm plac.-cments 202  $ s  -4t 11,615 !l l,993 12,174 9,731 15.2 75  -3 16 70 + 23 + 3 + 24 .)1  -2 3 -­37 + 12 + 2 + 19  $ $ $ $  + 6 77,127 $ 77,568 -1 795,616 $ 615,061 + 29 63,193 + 566,505 $ 9,952 $ 9,544 + 13.3 13.2 + 597 568 + TEXAS BUSINESS REVIEW  

Percent change  Percent change  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1968  Jan-June 1964 from Jan-June 1963  

MESQUITE (pop. 27,526)  
Retail salee  
Eating and drinking places. . . . . . . .. . . . Postal receipts• . . ... ... ........ . .. .. .. .... ... . $ Building permits, less federal contracts. . . . . $ Bank debits (thousands) . . .. ........ . . $ End-of-month deposits (thousands) i . .$ Annual rate of deposit turnover.  -4t 16,448 498,613 10,650 6,615 19.3  -+ -+ +  10 3 57 24 •• 28  + + -+ + +  1 4 51 71 16 47  $ $ $ $  91,900 3,582,900 53,063 6,792 15.7  s s s s  89,288 6,066,659 45,570 5,946 15.0  + + -+ + +  13 s 41 16 14 5  

MIDLOTHIAN (pop. 1,521)  
Building permits, less federal contracts . .$ Bank debits (thousands) . .$ End-of-month deposits (thousands) i . . ...$ Annual rate of deposit turnover . . ' . . . . . . . . . . . .  14,600 1,093 1.463 9.5  +1218 + 17 + 12 + 12  + +  45 9 9 7  $ $ $  137,030 6,413 1,368 9.3  s $ $  73,097 7,082 1,669 8.5  + --+  87 9 18 9  

PILOT POINT (pop. 1,254)  
Building permits, less federal  contracts.  .. .. $  0  $  69,850  $  355,490  - 80  
Bank debits  (thousands) . .. . . . . .. . ......  .$  1,183  +  11  $  6,732  $  7,277  7  
End-of-month  deposits  (thousands) i .  ....$  1,646  +  5  7  $  1,675  $  1,710  2  
Annual rate of deposit turnover.  8.8  +  10  7.9  8.5  7  

PLANO (pop. 3,695)  
Postal receipts•  .. .... .. .. . .. . .. .  ... . $  6,720  + 10  +  28  $  38,005  s  31,173  +  22  
Building permits, less federal  contracts .  ....$  504,136  +162  +  68  $  2,476,494  $  2,355,865  +  5  
Bsnk debits  (thousands) .. .. . ... ...  ....$  3,736  + 22  +  30  $  22,976  $  12,961  +  77  
End-of-month  deposits  (thousands) i .  .... $  2,718  +  +  11  $  2,695  $  2,284  +  18  
Annual rate of deposit turnover.........  16.7  + 20  +  12  16.5  11.6  +  42  

RICHARDSON (pop. 16,810)  
Retail sales  
Apparel stores  - 16t  - 27  - 5  +  3  
Postal receipts•  ...  . . . . . . . . . . ......$  40,056  - 9  +  21  244,872  $ 211,645  +  16  
Building permits,  less federal  contracts .  .....$  1,299,157  - 17  +  $ 11,534,983  $ 10,092,490  +  14  
Bank debits (thousands) . End-of-month deposits (thousands) i .  ...$ ....$  25,390 10,665  +  10 ••  + +  50 6  $ 133,906 $ 10,260  $ 99,492 $ 9,776  + +  35 5  
Annual rate of deposit turnover .  28.6  +  10  +  42  26.2  20.2  +  30  

SEAGOVILLE (pop. 3,745)  
Postal receipts•  . . . ... ... ........  .......$  3,543  - 17  - 23  $  22,291  $  23,447  - 5  
Building permits, less federal  contracts .  ....$  9,810  - 84  $  206.131  $  186,131  +  11  
Bank debits (thousands) .. .  $  3,006  - 10  +  37  $  18,086  $  14,864  +  22  
End-of-month  deposits  (thousands) t .  .. $  2,076  +  14  +  32  $  1,822  $  1,535  +  19  
Annual rate of deposit turnover.  18.5  - 16  +  8  19.8  19.1  +  

WAXAHACHIE (pop. 12,749)  
Retail sales  
Lumber, building material,  
and hardware stores ..  - St  + 54  +io;;  + 15  
Postal receipts•  .... ... ........ . ...  .$  13,405  -34  -26  125,620  $  147,370  -15  
Building permits, less federal  contracts.  .. $  56,157  -92  -72  $  1,328,374  s  826,795  + 61  
Bank debits  (thousands) .  .....$  11,458  + 2  + 3  $  67,032  $  61,274  + 9  
End-of-month  deposits  (thousands) t .  . .. . $  10,169  + 4  + 7  $  9,988  $  9,824  + 2  
Annual rate of deposit turnover.  13.8  +  4  - 1  13.1  12.4  + 6  
Nonfarm plecements  34  -35  -42  269  400  - 33  

DEER PARK: see HOUSTON SMSA 

DEL RIO (pop. 18,612)  
Retail sales  
Automotive  stores  4t  -15  + 39  +  6  
Lumber, building material,  
and hardware  stores . ............. . .  st  + 4  + 40  +  4  
Postal receipts• ... ..... . . . ... . Building permits, less federal contract!! . Bank debits (thousands) ........... End-of-month deposits (thousands) t . Annual rate of deposit turnover.  $ .. $ . .....$ .. $  16,405 107,156 12,675 15,157 10.1  -2 + 3,; + 2 + 1 + 2  + 10 8 + 14 + 5 + 10  $ $ $ $  91,901 1,269,503 74,567 15,127 9.9  $ $ $ $  93,502 1,214,739 69,870 14,614 9.5  + + + +  2 5 7 4 4  

AUGUST 1964 

Percent change  Percent change  
City &nd item  June 1964  June 1964 from May 19~4  June 1964 from June 1963  Jan-June 1J64  Jan-June 1968  Jan-June 1964 from Jan-June 1963  

DENISON (pop. 22,748) 
Retail sales 
Automotive stores 


-4t -10 + 3 + 1 
. $ 25.473 + 16 + 12 $ 135,503 $ 142,967 -6Postal receipts• 
Building permits, less federal contracts . .....$ 258,294 -12 + 85 $ 1,898.730 $ 8,450,256 -46 
Bank debits (thousands) ... .. $ 20,232 + 16 + 20 $ 112,611 $ 101,903 + 11 
End-<>f-month deposits (thousands) t .. ... .. $ 16,422 + 8 + $ 15,304 $ 14,936 + 2 



Annual rate of deposit turnover . 15.4 + 11 + 17 14.8 13.6 + 9 
Noniarm plaC'ements 282 + 36 + 40 1.176 887 +SS 
DENTON:~eDALLAS SMSA 

DONNA (pop. 7,522)  
Po•tal receipts• Building permits, less federal contracts . Bank debit• (thousands) . End-of-month deposits (thousands) t . AnnuRI rate of deposit turnover .  ... $ .. $ ... $ $  2,992 29,950 2,461 3,354 8.8  -13 +9883 -4 •• -4  -16 +128 -7 •• -4  $ $ $ $  21,887 127,305 14,799 3,479 8.4  $ $ $ $  22,626 134,860 16,533 3,640 9.0  ---- 8 6 10 4 7  

DUMAS (pop. 8,477)  
Postal receipts• Building permits, Iese federal contracts . Bank debits (thousands) . End-<>f-month deposits (thousands) t . Annual rate of deposit turnover .  .... $ . $ $ $  7,101 181,500 8,699 9,051 11.9  --+ + +  11 41 5 9  .,, + 33 + 19 -7 + 26  $ $ $ $  43,910 1,526,416 53,609 9,715 10.9  $ $ $ $  40,166 663,589 45,119 9,100 10.2  + 9 +184 + 19 + 7 + 7  

EAGLE PASS (pop. 12,094)  
Retail sales  
Gasoline and service stations Postal receipts* .... $ Building permits, less federal contracts.........$ Bank debits (thousands) . . . . $ End-of-month deposits (thousands) t . $ Annual rate of deposit turnover  + lt 8,371 50,881 6,365 4,435 14.7  ---+  7 2 50 7 3 7  

+ 3  + 7  
+ 1  $  48,283  $  46,864  + 6  
+431  $  609,629  $  386,839  + 58  
+ 16  $  34.004  $  30,725  + 11  
+  $  4,479  $  4,391  + 2  
+ 8  15.1  13.9  + 9  


EDINBURG (pop. 18,706) 
Po•tal receipts• . .. . . $ 

10.795 -13 -17 $ 73,197 $ 78,174 •• 


Building permits. less federal contracts . 

$ 143,475 +422 -35 $ 824,215 $ 487,863 + 69 
Bank debits (thousands) . . .. $ 14,157 

+ + 7 $ 90,247 $ 84,210 + 7 
End-of-month deposits (thousands) t. 

.$ 8,382 -6 + 6 $ 9,516 $ 9,228 + 8

Annual rate of deposit turnover . 19.7 

+ 11 + 2 19.1 18.2 + 6 

Nonfarm placements 

344 + 25 -17 1,769 l,690 + 11 
tmNA (pop. 5,038) 


Postal receipta• 
$ 6,552 

+ 17 + 4 $ 32,812 $ 32,320 + 2
Building permits, less federal contracts . 
$ 2,950 

-89 -88 $ 407,161 $ 184,660 +121
Rank debits (thousands) . 
$ 4,718 

-2 + 8 $ 30,733 $ 63,562 -48
End-of-month deposits (thousands) t. 
3 6,070 

-3 + 6 $ 6,532 $ 6,241 + 6

Annual rate of deposit turnover 
9.2 
+ 9.2 16.8 -46 
ENNIS: see DALLAS SMSA 
EULESS: see FORT WORTH SMSA 
FORT STOCKTON (po1>. 6,373) 
Postal receipts• . . . . . ............. . 

. .$ 6,338 -8 $ 35,716 $ 39,239 -9


Building permits, less federal contracts . 
$ 60,900

BHnk debits (thousands) . . . . . -34 +802 $ 388,250 $ 636,810 -89 
. . . $ 5,177

End-of-month deposits (thousands) t. -12 2 $ 32,997 $ 34,109 -8 
!i,242 + 6 ••
Annual rate of deposit turnover. 12.2 + $ 5,167 $ 5.185 -13 12.7 18.0 -z 
Percent change Percent change 
June 1964 June 1964 Jan-June I!lfi•I June from from Jan-June Jan-June · from 
City and item 1964 May 1964 June rn6s l9'j( 1963 Jan-June l!lfi1 

EL PASO 
Standard Metropolitan Statistical Area (pop. 337,6501 ; El Paso2) 
Nonfarm employment (area) . Manufacturing employment  (area)  92,400 15,840  •• ••  + 1  92,367 15,673  92,333 15.117  •• + 4  
Percent unemployed  (area) .  5.3  + 10  - 7  5.4  5.7  - 5  
EL PASO (pop. 276,687)  
Retail sales  ..  - St  - 6  + 11  +  10  
Apparel stores  - 16t  - 22  8  + 9  
Automotive  stores  - 4t  + 9  + 18  +  11  
Food stores  .  - 4t  - 3  -1  +  4  
General merchandise stores.  - 18t  - 18  + 18  + 11  
Postal receipta•  . . . . . . .  . .................$  335,069  + 3  + 5  $ 2,005,216  $  l ,969,376  + 2  
Building permita,  less federal  contracts.  $  4,101,077  + 10  -25  $ 23,697,571  $ 22,386, 704  + 6  
Bank debits  (thousands) .  . ....$  347,518  -17  + 9  $ 2.277,965  $ 2,201,516  + s  
End-of-month  deposits  (thousands) t .  $  202,781  + 3  + 9  $ 202,754  $ 191,959  +  
Annual rate of deposit turnover.  20.9  - 9  1  22.6  22.8  

FORT WORTH  
Standard Metropolitan Statistical Area (pop. 592,34!1; Johnson and Tarrant2)  
Nonfarm employment (area) . Manufacturing employment Percent unemployed (area) .  (area) .  232,000 59,150 3.9  + + +  22  + 4 + 10 -20  228,733 57,525 4.0  219,950 52.133 4.7  + 4 + 10 -16  
ARLINGTON (pop. 44,775)  
Retail sales Apparel stores . .. Automotive stores Postal receipta• . . ... . Building permita, less federal  ···· ·· ······ -16t -4t ....$ 66,987 contracts . .... . $ 1,822,145  -21 -29 -11 -14  -4 -5 + 15 + 11  $ $  415,651 11,240,384  $ $  364.896 10,522,091  + s + 14 + 14 + 7  

CLEBURNE (pop. 15,381)  
Postal receipts• . . ... . .. . ........ Building permits, less federal contracts. Bank debits (thousands) . End-of-month deposits (thousands) t . Annual rate of deposit turnover.  .....$ $ . . $ $  15,807 127,450 12,699 12,388 12.4  --+ + +  16 18 3  -3 +128 + 13 + + 12  $ $ $ $  98,740 909,527 77,194 12,470 12.3  $ s $ $  104,717 715,847 71,619 12.112 11.8  -+ + + +  6 27 8 s 4  

EULESS (pop. 2,062)  
Postal recelpta•  .. ...  .. . $  6,178  - 1  $  40,057  $  29.405  + 36  
Building permits, less federal Bank debits (thousands) .  contracts .  .. . $ .. $  921,030 6,116  +230 + 34  + +  83 81  $ $  3.208,830 27,957  $ $  3,350,994 16,758  -4 + 67  
End-of-month  deposita  (thousands) t .  . .. . $  2,229  -21  +  8  $  2,470  $  1,958  + 26  
Annual rate of deposit turnover. . . . . . . . . . . ..  29.1  + 48  +  67  22.6  17.7  + 28  

FORT WORTH (pop. 356,268)  
Retail sales ... Apparel stores  .... ··· ···· ·····  -- 9t 14t  -- 4 16  + 12 +  + 8 + 4  
Automotive stores Drug stores  . .  ... ··· ·· · · · · · · · ·  St 4t  - 7 6  + 16 +  + 13 + 6  
Eating and drinking places . ... .......... ..  1t  - 4  +  +  4  
Florists  · · · · ·· ·· ·  -30  
Food stores  .  + 1 t  ••  + 2  +  
Furniture and household appliance stores . Gasoline and service stations .  St 2t  + 5 + 14  + +  + +  4  
General merchandise stores . . . . . . . . . . .  - 26t  - 13  + 31  + 14  
Lumber, building material, and hardware stores.. ...  - 2t  + 19  - 3  +  s  
Postal receipta• ........... . $ Building permita, less federal contracts . ....$ Bank debits (thousands) ... . . . . . . . . . . . ..... $ End-of-month deposita (thousands) t . . ... $ Annual rate of deposit turnover..  862,556 4,246.783 908,228 418,933 26.3  -10 -42 + 13 + 2 + 12  + 2 -55 + 14 + 3 + 12  $ 5,400,797 $ 28,584.000 $ 5,225,567 $ 414,660 25.l  s 5.282.739 $ 29.835,059 $ 4,931,907 s 403,089 24.5  + + + +  2 4 6 3 2  

AUGUST 1964 

P ercent change  Percent change  
City and item  J une 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1963  Jan-June 1964 from Jan-June 1968  

GRAPEVINE (pop. 2,821)  
Postal receipts• Building permits, less federal contracts . Bank debits (thousands) .. End-of-month deposits (thousands)t. Annua~ rate of deposit turnover .  .$ . .. . $ .$ ... $  4,110 76, 300 3,77S 3,552 13.3  + -+ + +  9 11 16 9 12  + 4 + 220 + 30 + 16 + 12  $ $ $ $  23,357 306,373 21,059 3,316 12.S  $ $ $ $  22,737 65,424 lS,412 2,979 12.4  + 8 +868 + 14 + 11 + 8  

NORTH IUCHLAND HILLS (pop. 8,662)  
Building permits, less federal cont racts. Bank debits (thousands) . End-of-month deposits (thousands) t . Annual rate of deposit turnover .  .. $ .. $ . ... . $  319,406 6,365 3,759 20.2  + + +  33 7  + 69 + 12s +139 -4  $ $ $  l ,S95,713 33,979 3,670 lS.7  $ $ $  1,607,170 15,936 1,494 21.5  + 18 +113 +146 -18  

WHITE SETTLEMENT (pop. 11,513)  
Building permits, less federal contracts. Bank debits (thousands) . End-of-month deposits (thousands) t . Annual rate of deposit turnover .  . . ... $ ......$ ....$  77,453 66S S36 10.2  --+  20 4 13  + 27S  $ $ $  602,417  $ $ $  370,327  +  68  

FREDERICKSBURG  (pop. 4,629)  
Retail sales  
Drug stores General merchandise stores . Postal receipts• . . . . . . . . . . . . . . . . . . . . .....$ Building permits, less federal contracts . .... . $ Bank debits (thousands) . ...........$ End-of-month deposits (thousands) t . $ Annual rate of deposit turnover .  -St -l St 7,027 74,S65 9,373 9,3S3 12.2  + -+ + + +  3 9 •• S9 s 4 5  + 9 + 21 + 15 +577 + 13 -5 + 13  $ $ $ $  10.5S2 296,140 54,006 9,029 11.9  $ $ $ $  3S,277 362,860 47,482 S,786 10.9  + + + -+ + +  6 18 14 8 9  

GAINESVILLE (pop. 13,083) 
Retail sales 
Apparel stores 


··· ···· · ····· -16t -6 + 5 + 2 
Drug stores 

-St + 2 + 6 -2 Postal receipts• . . $ 13,545 
-13 -10 $ 90,874 $ 90,987 ••Building permits. less federal contracts. . . .. . $ 86,750 
-86 -78 $ 1,495,915 $ 808,262 + 86 
GALVESTON-TEXAS CITY 
Standard Metropolitan Statistical Area 
(pop. 148,l 121; Galveston2) 
Nonfarm employment (area) . ..

55,500 + 4 55,133 52,917 +

Manufacturing employment (area) 

10, 700 IPercent unemployed (area ) . 
+ + 3 l0,53S 10,417 + ' 
5.S 29
+ -IS 5.4 7.3 -26 GALVESTON (pop. 67,175) Retail sales 
-St -10 + + 6Apparel stores . 
-16t 16 + + 8
Automotive stores 

4t 9 + 11 + 21Food stores -4t + 2 + 2 Furniture and household ~P~ii~~c~ ~to~~ •. 
-4t 4 + -6
Postal receipts• ... . ..... 

... $ 154,609 + 46 
+ 55 $ 67S,300 $ 600,795 +IS $ 2,766,499 +670 
Building permits. less fede~~i -~~~~~a·c·t~. .. 
-37 $ 6,S35,6S2 $ 9,273,809 -26
Bank debits (thousands) ....... 

. . .. . . 
$ 104,51S + I + $ 600,779 $ 571,554 + 6 

~:nd-of-month deposits 
(thousands) t. 
. $ 64,441 

+ 6 + 10 $ 61.479 $ 60,487 + 2
AnnuRI rate of deposit turnover. 
20.0 
2 2 19.6 18.8 + 
• 
LA MARQUE (pop. 13,969) 
Postal receipts• 

s 10,383 6 ~·:;.
Building permits, .lee~ f~~~ai ~0~;;ac~s. -$ 61 ,59S $ 61,881 •• 
. . . $ 73,545 -70 -6~ $ 1,128,374 $ 1,249,842 -10Bank debits (thousands) . . . . . . . . . 

$ 10,029 3 + 15 $ 65,066 $ 53,919 + 21End-of-month deposits (thousands) t. 
. $ 6,559 

+ + 15 $ 6,076 $ 6,92S + 2 IS.7 + 7 21.7 18.2 +19 
Annual rate of deposit turnover . .... 

206 TEXAS BUSINESS REVIEW GARLAND: see DALLAS SMSA 
Percent change  Percent change  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1963  Jan-June 1964 from Jan-June 1U6~  

TEXAS CITY (pop. 32,065)  
Postal receipts•  ........... .. ..  ....$  25,799  5  + 8  $  163,041  $  162,653  +  
Building permits, less federal  contracts .  .$  637,491  +  7  +122  $  3,011,513  s  2,875,626  +  5  
Bank debits (thousands) .  $  24,302  3  + 11  $  153,677  s  146,669  +  6  
End-of-month  deposits  (thousands) t .  ...$  15,120  2  + 6  $  15,414  $  14,420  +  7  
Annual rate of deposit turnover .  19.1  2  +  2  20.0  20.4  2  

GATESVILLE (pop. 4,626)  
Postal receipts•  . .. . . .  ....$  4,879  - 15  $  34,101  $  35,172  3  
Bank debits  (thousands) .  ... . $  5,731  +  8  +  $  34,278  s  32,942  +  4  
End-of-month  deposits  (thousands) t .  ... $  6,286  -t­ ~  +  4  $  6,002  $  5,903  +  2  
Annual rate of deposit turnover..  11.3  +  6  1  11.4  11.1  +  3  

GIDDINGS (pop. 2,821)  
Postal receipts•  ................ . ... .. $  4,001  - 12  - 18  $  23,349  23,535  1  
Bank debits  (thousands) .  .... $  3,451  3  +  $  20,356  $  18,695  +  9  
End-of-month  deposits  (thousands) t .  .$  4,145  +  $  4,089  $  4.139  1  
Annual rate of deposit turnover...  10.2  +  10  10.0  9.0  +  11  

GLADEWATER (pop. 5,742)  
Postal receipts•  ....$  6,496  -23  - 29  $  42.732  $  43,054  - 1  
Bank debits (thousands) ... End-of-month deposits (thousands) t . Annual rate of deposit turnover . Nonfarm employment (area) ... Manufacturing employment (area) .  $ . . . $  3,708 4,054 11.2 29,300 6,270  + + +  3 4 7  + + + +  16 18 2 12  $ $  23,501 3,838 12.2 28,942 5,980  $ $  20,111 4,051 9.8 28,667 5,602  + -+ + +  17 5 24 1 7  
Percent unemployed  (area) ..  4.5  + 15  - 15  4.7  5.2  - 10  

GOLDTHWAITE (pop. 1,383) Postal receipts• . . . . . . . . . . ... .... $ 2,351 -16 + 68 $ 13,569 $ 11,596 + 17 Bank debits (thousands) .. ... . $ 3,792 -18 -10 $ 25,599 s 24,828 + 3 End-of-month deposits (thousands) t . .$ 5,593 + 1 + 11 $ 5,539 $ 4,641 + 19 -22 9.3 10.8 14
Annual rate of deposit turnover. 8.2 -19 
GRAHAM (pop. 8,505) Postal receipts• .. $ 
11,423 + 47 + 21 $ 54.907 $ 56,681 -3 216,831 -64
Building permits, less federal contracts .. $ 17,260 +332 -74 $ 77,230 $ 
Bank debits (thousands) . .. . $ 9,941 + 

22 + 15 $ 55.503 $ 54,871 + 
..
7 $ 10,104 $ 10,077End-of-month deposits (thousandsl t. $ 10,334 + + 13 10.9 10.9 ••Annual rate of deposit turnover . 11.9 + 18 + 

GRANBURY (pop. 2,227) 
24,099 $ 20.929 + 15

Postal receipts• .. $ 3,413 8 + 11 $ 
4 3 $ 9,567 $ 9,425 + 2

Bank debits (thousands) . .$ l,495 + 
End-of-month deposits (thouaandslt.. . .... $ 2,106 + 2 + $ 2,066 $ 2,139 3 
9.3 8.8 + 6

Annual rate of deposit turnover. 8.6 7 + 
GRAND PRAIRIE: see DALLAS SMSA 
GRAPEVINE: see FORT WORTH SMSA 
GREENVILLE (pop. 19,087) Retail sales .. -3t Drug stores -St Postal receipts• ... .$ 24,830 Building permits, less federal contracts . $ 290,465 Bank debits (thousands) . $ 16,312 P.nd-of-month deposits (thousands) t . $ 14,039 Annual rate of deposit turnover . 14.2 Nonfarm placements . . . . . . . . . . . . . 148 
+  3  + 24  + 15  
- 4  +  9  + 7  
- 14  + 17  $  159,821  $  138.294  + 16  
- 43  -71  $  l,429,660  $  2,184,413  -35  
+  1  + 6  $  98,607  $  92,232  + 7  
+  4 ••  + +  4 4  $  13,862 14.2  $  13,746 13.3  + 1 + 7  
- 7  +131  788  379  +108  

HALE CENTER (pop. 2,196) 
$ 13,077 s 12,525 +

Postal receipts• . ........ $ 2,350 -14 -7 

75,750 $ 70,290 + 8

Building permits, less federal contracts . $ 22,850 +118 -9 $ 
+ 24 $ 23.271 $ 22,180 + 5

Bank debits (thousands) . ... ....... . $ 2,714 + 8 

-16 $ 4,659 $ 5,093 9

End-of-month deposits (thousands) t . $ 3,804 -3 
9.3 8.2 + 13

Annual rate of deposit turnover. 8.4 + 15 + .38 
AUGUST 1964 HEMPSTEAD (pop. 1,505) 
Percent change  Percent change  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1968  Jan-June 1964 from Jan..June 1968  
HARLINGEN:  see  BROWNSVILLE-HARLINGEN-SAN BENITO SMSA  

29,793

Postal receipta• .. . .. . . ...$ 5,621 + 40 + 13 $ $ 80,974 Bank debits (thousands). 
.$ 1,352 -10 $ 8,691 $ 9,488 f:nd-of-month deposita (thousands) t. 
$ l,910 a $ 2,021 $ 2,096 Annual rate of deposit turnover. 
8.5 a -8 8.6 9.0 
HENDERSON (pop. 9,666) 

Postal recelpta• ....$ 12,808 -1 + 10 $ 73,427 $ 75,459 -8 
Building permits, less federal contracts . . . .. .. $ 76,900 +198 -61 $ 260,025 $ 796,184 -67 
Bank debits (thousands) $ 8,468 + 12 $ $ 
l'nd-of-month deposits (thousands) t. $ 17,475 + 4 $ $ 

HEREFORD (pop. 9,584r)  
Postal receipts•  .. $  16,062  + 13  + 13  $  74,874  $  66,458  + 13  
Building permits, less federal contracts.  .$  367,600  +104  +la6  $  2,122,600  $  1,862,830  + 14  
Bank debits (thousands) .  . ... ... .$  21,868  + 31  $  141,067  $  101,052  + 40  
End-of-month  deposits  (thousands) t.  .$  14,074  + 14  $  15,969  $  18,898  + 15  
Annmtl rate of deposit turnover .  18.5  + 5  + 14  17.4  14.4  + 21  

HOUSTON  
Standard Metropolitan Statistical Area (pop. 1,342,511t; Harris2)  
Nonfnrm employment (area) . Manufacturing employment Percent unemployed (area) .  (area) . . .... ... . . . .  578,300 99,200 4.1  + 2 + 21  + 3 + 5 -1a  574,083 97,267 S.9  550,800 92,350 4.5  + ' + 5 -18  
BAYTOWN (pop. 28,159)  
Retail sales Automotive stores Food stores Postal receipts• Building permits, less federal contracts . Bank debits (thousands). End-of-month deposits (thousands) t . Annual rate of deposit turnover .  ....$ .$ ....$ ... . $  at 4t 4t 30,954 376,106 31,365 27,497 13.5  8 3 -13 -60 ••  12 + 11 8 -39 + 19 + 4 + 11  $ $ $ $  198,099 a,510,lOa 195,a52 28,795 13.6  $ $ $ $  196,772 3,115,790 169,824 26,911 12.6  + 7 + 11 + a + 1 + 18 + 16 + 7 + 8  
DEER PARK (pop. 4,865) Postal receipts• . . . . . . . . . . . . . . . . . . .$ Building permits, less federal contracts . .$ Bank debits (thousands) . . .. $ End-or-month deposits (thousands) t . ........$ Annual rate of deposit turnover.  7,521 a79,822 4,677 2,236 26.1  + 12 +100 + 22 + 9 + 19  + 41 +au + 50 -5 + 62  $ $ $ $  a9.284 2,282,42a 28,233 2,360 22.9  $ $ $ $  31.832 873,825 22,162 2,257 19.7  + 28 +161 + 27 + 6 + 16  

HOUSTON {pop. 938,219) Retail sales Apparel stores . Automotive stores Drug stores Eating and drinking places . Food stores Furniture and household appliance stores GRsoline and service stations . General merchandise stores . Liquor stores Lumber, building material, and hardware stores . Postal rtteipta• Buildin11: permits, less federnl Bxnk <lehits (thousands) .... End-of-month deposits (thousands) t Annual rate of deposit turnover .  $ $ $ . $  -4t -19t + 2t -St -at •• 2t + 5t 8t lt St 2. 184,a12 19,754,621 3,631,053 l.fi75,703 28.2  -a -14 + a 7 a + + 4 9 + 2 + 2 + 2 +  + 10 + 11 + -1 -1 + 14 + 18 + 5 + 9 + a + 22 + 13 + 7 + 19 + + 14  $ la,057,660 $157,833,482 $ 21,995,475 $ 1,522,571 28.8  $ 13,049,289 $175,420,596 $ 19,225,500 $ 1,486,246 25.7  + 5 + 4 + 10 8 + 5 + 5 + 9 + 1 + 8 + a •••• -10 +u + 2 + 12  
HUMBLE (pop. 1,711) Postal receipts• Buildin11: permits, iess f~~r~i ·c~~~ra.cts Bxn k 1lehits (thousands) . . End-of-month deposits (thousands) t . Annual rate~f deposit turnover . . . . .  . $ $ ~  3,166 29,000 3,389 a,282 12.6  -37 -98 -4o + 3 -45  -lfi -66 + 26 + 12 + 15  s 22,740 $ 1,449,140 $ 23.209 $ S,282 14.2  $ $ $ $ 20.909 146,400 16,804 2,987 11.4  + 9 +890 + 88 + 12 + 26  

Percent change Percent change June 1964 June 1964 
Jan-June 1964June from from Jan-June Jan-June from

City and item 1984 May 1964 June 1963 1964 1963 Jan-June 1963 

KATY (pop. 1,569)  
Postal receipts• .. . . .. .. . . . ... . . . . .... ... . . . . . . $ Building permits, less federal contracts . . ..$ Bank debits (thousands) . .. . . . . . . . . . . . . $ End-of-month deposits (thousands) i . . . .. $ Annulll rate of deposit turnover.  2,718 82,500 2,057 2,261 10.6  + 23 +130 + 6 + 13  + 44 + 88 + 20 + 8 + 7  $ $ s $  14,795 432,165 13,261 2,500 10.4  $ $ $ $  18,671 132,550 12,020 2,248 10.5  + 8 +226 + 10 + 11 -1  

LA PORTE (pop. 4,512) 
Building permits, less federal contracts . .. . .$ 

128,000 + 42 $ l,412,400 
Bank debits (thousands) . . . .. . . 

.$ 4,811 + + 12 $ 28,403 $ 26,151 + 9 
End-of-month deposits (thousands>t. . .. .. $ 2,813 •• -26 $ 2,877 $ S,603 -20 Annual rate of deposit turnover. 20.6 
+ 3 + 28 19.7 14.9 + 82 
PASADENA (pop. 58,737)  
Retail sales  .. .. . . .  - St  + 3  + 8  +  5  
Apparel storH . . . . . . . . .. . . .  - 16t  - 17  + 13  + 15  
Automotive  stores  - 4t  + 10  + 6  +  8  
General merchandise stores.  -!St  - 9  + 6  +  5  
Postal receipts•  .. . .. . .. .. .... .  . . . $  48,839  - 5  + 15  $  282,301  $ 266,663  + 6  
Building permits, lees federal Bank debits (thousands) .  contracts .  $ . $  l ,300,726 57,839  -37 ••  + 70 + 20  $ $  8,167,346 336,933  $ 12.170,950 $ 294,360  -SS + 14  
End-of-month  deposits  (thousands) t .  . $  30,161  + 8  $  S0.825  $ 27,931  + 9  
Annual rate of deposit turnover.  22.9  - 1  + 10  22.3  20.7  + 8  

SOUTH HOUSTON (pop. 7,253) Postal receipts• . . . . . . . . . . . . . . . . . . . . .  . . ..$  8,184  ••  + 13  $  47,172  $  44,457  + 6  
Building permits, less federal  contracts .  . . . . S  55,890  -53  -71  $  941,906  $  716,597  + 81  
Bank debits  (thousands) . . . . .  $  6,616  + 36  $  38,302  $  29,650  + 29  
End-of-month  deposits  (thousands) i .  ... .$  5,473  +  + 34  $  5,024  s  8.959  + 27  
Annual rate of deposit turnover.  15.1  +  15.5  15.1  + 8  

TOMBALL (pop. 1,713)  
Building permits, less federal  contracts .  $  54,500  +187  +241  $  112,500  s  51,500  +118  
Bank debits  (thousands) . . ...  $  8,723  +  + 31  $  49,530  $  44,867  + 10  
End-of-month  deposits  (thousands) t .  . . $  5,401  - 4  $  5,761  $  6,913  - s  
Annual rate of deposit turnover .  19.4  +  + 37  17.3  15.2  + 14  

HUMBLE: see HOUSTON SMSA 

HUNTSVILLE (pop. 11,999)  
Postal receipts•  . . . ........ .  . . . $  14,506  + 17  + 30  $  83,988  $  79,339  + 6  
Building permits, less federal  contracts .  $  341,821  +155  +460  $  1,134.021  $  323,554  +250  
Bank debits (thousands) . . . End-of-month deposits (thousands) i .  ... $ . ... $  8,419 9,010  + 4 + 3  - 2 ••  $ $  51,141 9,503  $ $  57,138 9,169  -10 + 4  
Annual rate of deposit turnover . . . ..  11.4  + 7  - 3  10.7  12.5  -14  

IOWA PARK: see WICHITA FALLS SMSA 
IRVING: see DALLAS SMSA 

JACKSONVILLE (pop. 10,509r)  
Postal receipts•  . . . .  . . . . $  19,441  -10  + 5  $  115,858  $  113,929  + 2  
Building permits, less federal  contracts .  . . . . $  209,285  +376  + 30  $  604.264  $  474,150  + 27  
Bank debits  (thousands) .  . ... . . .... $  13,829  + 5  + 27  $  79,638  $  68,036  + 17  
End-of-month  deposits  (thousands>t .  . . . $  10,570  + 10  +  $  9,717  $  9,380  + 4  
Annual rate of deposit turnover.  16.4  - 2  + 21  16.5  14.5  + 14  

JASPER (pop. 4,889)  
Retail sales  . ... .  at  -11  + 7  + 6  
Automotive  stores  4t  -26  + 3  + 11  
Furniture and household appliance stores .  4t  + 26  + 27  + 11  
Postal receipts•  .  . . $  8,821  + 3  + 30  $  50,200  $  47,497  + 6  
Building permits, less federal  contracts.. .. .. ... $  105,200  + 14  +288  $  953,290  $  167,602  +469  
Bank debits (thousands) . . . . .. .. ...$ End-of-month deposits (thousands) t .. ... . . .. .. $ Annual rate of deposit turnover.  10,324 9,275 13.4  -17 •• -18  + 17 + 16 + 2  $ $  64,463 8,862 14.6  $ s  56,199 8,476 13.3  + 15 + 5 + 10  

JUSTIN: see DALLAS SMSA 
KATY: see HOUSTON SMSA AUGUST 1964 

Percent change  Percent change  
City and item  June 1964  June 1964 from May1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1963  Jan-June 1964 from Jan-June 1963  
KERMIT (pop. 10,465)  
Retail salea Drug stores Furniture and household appliance stores .. Lumber, building material, and hardware stores . . Postal receipts• ...$ Building permits, less federal contracts . .....$  St 4t St 6,393 62,800  -4 + 17 14 -29 +138  + 13 + 28 -42 -28 + 16  $ 48,676 $ 196.480  $ 61,918 $ 399,232  •• + 16 -22 -6 -61  

KILGORE (pop. 10,092) Postal receipts• Building permits, less federal Bank debits (thousands) .  contracts..  .. $ ....$ ... $  16,149 245,800 12,189  + 9 +449 + 3  + + +  12 67 12  $ $ $  90,334 679,916 72,963  $ $ $  96,087 523,229 69,076  -+ +  6 80  
End-of-month deposits (thousands) t . Annual rate of deposit turnover .  .. $  12,813 11.6  + 3 + 1  + +  4 8  $  12,818 11.4  $  12,395 11.1  + +  8 8  
Nonfnrm  employment  (area) . .  29,300  + 1  +  2  28,942  28,667  +  1  
Manufacturing employment  (area) .  6,270  + 2  +  12  5,980  5,602  +  7  
Percent unemployed  (area) .  4.5  +  15  - 15  4.7  6.2  - 10  

KILLEEN (pop. 23,377)  
Postal receipts•  . . . . . . . . . . . . .  ... $  33,909  - 15  - 16  $  246,190  $  241,278  +  2  
Building permits, less federal contracts .  $  479,458  +  13  - 29  $  7,387,571  $  5,no,101  +  28  
Bank debits  (thousands) .  ..... . $  17,883  +  11  +  6  $  108,314  $  92,823  +  17  
End-of-month  deposits  (thousands) t .  ..... $  11,666  +  23  +  14  $  11,711  $  10,441  +  12  
Annual rate of deposit turnover ..  20.S  +  16  +  18.6  17.9  +  s  

KINGSLAND (pop. 150)  
Postal receipts•  ......... ... ... .... ... . .. .. .. $  1,S94  +us  +  40  $  6,943  $  4,680  + 48  
Bank debits  (thousands) . . . . . . . . . . . . . . . . . ....$  719  - 23  +  5S  $  4,633  $  1,687  +169  
End-of-month  deposits  (thousands) t .  . .$  573  +  2  +  73  $  663  $  199  +182  
Annual rate of deposit turnover .  16.2  -17  - 11  16.4  9.7  +  69  

KINGSVILLE (pop. 25,297)  
Retail sales  
Automotive  stores  ···· ·····  ....  - 4t  -20  + 46  +  21  
Drug stores Postal receipts•  .......$  -St 15,341  -2 -11  +  6  $  10l.54S  $  101,286  +  7 ••  
Building permits, less federal  contracts .  . .$  316,072  +aoo  +225  $  l ,204,797  $  996,355  +  21  
Bank debits  (thousands) .  ... $  11.322  +  2  $  72,156  $  71,150  +  l  
End-of-month  deposits  (thousands) t ...  . .... $  13,960  +  +  9  $  14,287  $  12,876  +  11  
Annual rate ot deposit turnover .  9.S  7  10.l  11.0  - 8  

KIRBYVILLE (pop. 1,660) Postal receipts• 

. ...$ 3,496 -24 -27 $ 22,469 $ 22,961 
Bank debits (thousands) . 

. .. . $ 2,097 2 5 $ 12,704 $ 13,217 4 End-of-month deposits (thousandsit. . . .. $ 3,4SO 
+ + $ 3,345 $ 3,243 + 8 
Annual rate of deposit turnover . 

7.3 6 7.6 S.2 7 
LA 

FERIA: see BROWNSVILLE-HARLINGEN-SAN BENITO SMSA 
LA MARQUE:  see  GALVESTON-TEXAS CITY SMSA  
LAMESA (pop. 12,438) Retail sales Automotive stores Drug stores Lumber, building material, and hardware stores . . . . . . . . ... Postal receipte• Building permits, ie~~ f~~~ai ~~~~;a~-~ . . .. Bank debits (thousand•) ~:nd-of-month deposits .. .. .. (thousandsH .. Annu1\I rate of deposit turnover . .. Nonf1um placements  $  4t St 3t 10,330 206,720 14,423 15,122 11.0 77  + 20 + 3 3 -14 +116 2 7 + *>:'  + + + --+ + - 53 7 3S 41 •• 4 18  $ $ $  71 ,137 1,229,435 llS,707 lS,498 12.3 446  $ $ $  81,249 1,606,015 120,586 18,720 12.3 466  -+ ----- 8 •• 11 12 23 2 1 •• 4  

LAMPASAS (pop. 5,061) 
PostRI receipt.a• .. ... 
5,27S

Building permits, less f~~~al c.o.ntrR.ct~ . -20 -13 $ 34,296 $ 34,364 •• 
49,900 

-21 + 47 $ 451,100 $ 642,497 -17
B•nk debits (thousands) . . . . . . 
$ 7,620 
7 + 8 $ 45,33S $ 44,407 + 2
End-of-month deposits (thousands) t 
6,395 
-6 $ 6.306 $ 6,688
AnnuRI rate of deposit turnover . . . 
14.2 
+ 13 14.3 18.S + 
210 LA PORTE: see HOUSTON SMSA 

Percent change  Percent change  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1968  Jan-June 1964 from Jan-June 1963  

LAREDO 
Standard Metropolitan Statistical Area (pop. 67,1921; Webb2) 
Nonfarm employment  (area) .  . ....... . .. .  19,700  +  +  19,075  18,808  + 1  
Manufacturing employment  (area) .  1,360  +  +  1,323  1,264  + 5  
Percent unemployed  (area) .  . ...... . . . . . . . .  8.8  2  10.9  11.1  2  
LAREDO (pop. 60,678)  
Retail sales  - St  -14  + 11  + 10  
Apparel stores Eating and drinking places .  -- 16t 4t  - 15 ••  + 17 + 10  + 12 + 11  
Postal receipts•  . . .  . . $  41,248  - 4  + 6  $  243,737  $  235,807  + 3  
Building permits, less federal  contracts .  . .. .$  264,163  + 55  +435  $  2,348,840  $  713,807  +229  
Bank debits  (thousands) .......................$  35,723  6  + 1  $  223,468  $  217,047  + 3  
End-of-month  deposits  (thousands) i .  .. .$  26,632  + 4  + 8  $  26,660  $  25,226  + 6  
Annual rate of deposit turnover.  16.4  7  - 5  16.8  17.1  - 2  
Nonfarm placements  645  +  + 42  S,372  2,102  + 60  

LEVELLAND (pop. 10,153) Retail sales Automotive stores -4t -2 + 68 + 22 Postal receipts• . .... . . ... . . .$ 9,590 •• -12 $ 60,623 $ 59,409 + 2 Building permits, leas federal contracts . . .$ 256,809 +158 + 84 $ 915,919 $ 951,346 -4 
LITTLEFIELD (pop. 7,236)  
Retail sales  
Automotive  stores  - 4t  -21  + 27  7  
General merchandise stores .  - 18t  - 17  + 7  + 2  
Postal receipts• Building permits,  . ..................... . ...$ less federal contracts . . ...$  10,434 115,600  + 43 -25  + 25 + 67  50,841 999,090  $ $  50,288 736,625  + 1 + 36  

LLANO (pop. 2,656)  
Postal receipts•  . .. ... . ............. . ..... . .... $  2,687  -14  -26  $  17,813  $  18,198  - 2  
Building permits, less federal  contracts .  . .. .$  4,725  -16  +136  $  42,525  $  47,100  - 10  
Bank debits (thousands) . End-of-month deposits (thousandsli .  . ...3 . ... $  3,218 4,046  6 + 1  -7 + 10  $ $  19,084 4,027  $ $  18,381 3,797  + +  6  
Annual rate of deposit turnover .  9.6  7  -15  9.4  9.6  2  

LOCKHART (pop. 6,084)  
Retail sales Food stores Postal receipts• Building permits, less federal contracts . Bank debits (thousands) . End-of-month deposits (thousands) i . Annual rate of deposit turnover .  ....$ ..... $ ... . $ .$  -4t 3,146 75,109 4,804 5,242 9.8  ------ 1 50 87 9 19 8  + 1 -38 +450 + 2 -3 + 2  $ $ $ $  28,133 682,701 30,841 5,611 10.9  $ $ $ $  28,039 225,583 Sl,311 5,360 11.9  + 1 •• +203 2 + 5 8  

LONGVIEW (pop. 40,050)  
Retail sales  St  + 8  + 15  +  
Automotive  stores  4t  + 14  + 17  + 5  
Drug stores Eating and drinking places..... . ... . . . . . . . General merchandise stores .  - St 4t 18t  -4 -11 -18  + 11 + 16 -4  + 7 + 6 2  
Lumber, building material, and hardware stores . . ........... . . Postal receipts• . . . . . . . . . . . . . . . . . .. .$ Building permits, less federal contracts . . ...$ Bank debits (thousands) . . ............$ End-of-month deposits (thousands) i . ... .$ Annual rate of deposit turnover . Nonfarm employment (area) . Manufacturing employment (area) . Percent unemployed (area) .  -St 60,945 380,800 57,103 41,803 16.6 29,300 6,270 4.5  -1 + 7 -58 + 10 + 3 + 11 + + 2 + ~ 5  + 35 + 20 -64 + 23 + 9 + 7 + 2 + 12 -15  $ $ $  354,825 4,062,000 322,075 40,846 15.7 28,942 5,980 4.7  s $ $ $  337,451 4,047,364 295,844 37,906 15.7 28,567 5,602 5.2  + 9 + 5.. + 9 + 8 •• + + 7 -10  

LOS FRESNOS: see BROWNSVILLE-HARLINGEN-SAN BENITO SMSA AUGUST 1964 
Percent change  Percent chanae  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1968  Jan-June 19~ from Jan-June 1968  

LUBBOCK 
Standard Metropolitan Statistical Area 

(pop. 171,0711; Lubbock2)  
Nonfarm employment (area) . . Manufacturing employment Percent unemployed (area) .  (area) .  57,400 6,200 3.8  •• + + 19  + 6 + 2 -14  57,417 6,048 8.7  5U88 5,990 4.1  + 6 + l -10  
LUBBOCK (pop. 128,691) Retail aalee  St  + 18  + 12  ..  
Automotive •toree  4t  + 54  + 15  - 2  
Flori•t•  ...... ..... .....  -S2  + 32  + 16  
General merchandise storee .  - 18t  - 18  + 10  + 2  
Postal receipts• . Building permits, less federal contracts . Bank debito (thousands) . End-of-month depo•its (thouaands) t .  ....$ .$ .. $ ...$  205,276 3,747,6S9 232,676 128,819  -- 7 •• 3 ••  + 9 + S6 + 14 +  $ l ,S06,592 $ 25,850,085 $ 1,686,995 $ 134,772  $ 1,287,579 $ 25,094,212 $ 1,508,441 $ 128,959  + 6 + a + 12 + 6  
Annual rate of deposit turnover.  21.6  - 1  + 6  24.6  22.8  + 8  

SLATON (pop. 6,568)  
Po•tal receipts•  ..........  .... . . .......$  8,981  - 21  - 6  $  25.S47  $  26,062  -a  
Building permits, le•• federal  contracts .  ... . $  89,000  +  1  +3770  $  291,180  $  171,984  + 69  
Bank debits  (thousands) .  . . ..... $  8,462  - 13  + 8  $  27,845  $  26,872  + 2  
End-of-month  deposits  (thousands) t .  ... . $  8,651  4  - 3  $  4,396  $  4,741  -·  7  
Annual rate of depo•it turnover .  11.l  - 7  + 14  12.1  11.0  + 10  

LUFKIN (pop. 17,641)  
Po•tal receipto•  ........$  34,158  - 3  +  14  $  181,062  s  169,462  + 7  
Building permits, less federal  contracts .  .. .. . $  282,249  +  52  - 70  $  1,924,894  $  3,041,116  -87  
Bank debits  (thousands) ...  ...... .. ........$  40,264  +  22  +  17  $  207,615  $  174,909  + 19  
End-of-month  deposits  (thousands) t .  ....$  25,484  - 10  - 1  $  28,009  $  27,281  + a  
Annual rate of depo•it turnover . ......... . .  18.0  +  29  +  19  14.7  12.8  + 15  
Nonfarm placements  . . . . . . . . . . .  101  +  44  +  15  888  877  + 8  

McALLEN (pop. 32,728)  
Retail aalee  - St  - 8  + 8  + 10  
Apparel •tores  ' . . . . . . . . . . . . . . ..  - 16t  - lS  + 15  + 15  
Automotive  •toree  4t  - 8  + 9  + 15  
Food stores  .  4t  - 4  - 8  -7  
Furniture and household appliance stores .  4t  - 16  + 87  + 18  
Gasoline and service •tation• .  + lt  - 1  - 1  6  
Po•tal receipts•  ....$  36,S02  +  13  + 17  $  207,407  $  202,880  + 2  
Building permits,  lee• federal contracts .  .. $  124,257  - 54  -30  $  l ,260,66S  s  1,308,729  '  
Bank debits (thousands) ... $ End-of-month depo•its (thousandsit. . . ....... $ Annual rate of deposit turnover . Nonfarm employment (area) . Manufacturing employment (area) . Percent unemployed (area) . . . . . . . ' . . .  S0,570 22,381 16.6 42,800 3,770 6.0  + + + -+  2 2 2 •• 23 s  + 9 + 7 + 6 + -29 -8  $ $  199,302 22,652 17.5 42,500 4,828 8.3  $ $  186,228 21,871 16.9 40,688 6,122 8.4  + 8 + + ' + 5 6 1  
Nonfarm placement•  601  +  9  + 55  2,672  1,984  + 88  

McCAMEY (pop. 3,375) 

Po•tal receipts• ..... ........$ 3,373 + 8 -15 $ 19,803 $ 19,816 •• RRnk debits (thouaand•) . 
. .$ 1,806 6 + 16 $ 11,075 $ 10,285 + 8 End-of-month depo•its (tbousands) t . . .. $ 1,685 -2 $ 1,744 $ 1,798 -a 


Annual rate of deposit turnover . 
12.8 

+ + 19 12.7 11.4 + 11 
McGREGOR: see WACO SMSA  
McKINNEY: see DALLAS SMSA  
MARSHALL (pop. 23,846) Retail 11ales Apparel •tores . Postal receipts• .. . . Building permits, less. f~~~~i ·c~~~r·a·ct~: Bank debits (thouaands) . . . . . . . . . End-of-month depo•its (thousandsit . Annual rate of deposit turnover . Nonfarm placements ....  .. $ . . . $ . . $ . $  -at -16t 27,172 162,616 18,959 23,637 n.6 220  ---- 12 15 12 48 2 3 6  + 6 -2 -15 +311 + 17 + 5 + 10 -32  $ $ $ $  174,597 732,468 110,320 23,129 9.6 1,271  $ 179,228 $ 2,578,600 $ 108,926 22,868$ 9.1 1,188  + 2 I 8 -72 + 6 + a + a + lZ  
212  TEXAS BUSINESS REVIEW  

Percent change  Percent change  
City and Item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1963  Jan-June 1964 from Jan-June 1963  

MERCEDES (pop. 10,943)  
Postal receipts• ................... . .. . ....... .S Building permits, less federal contracts. .S  5,604 24,607  + 6 + 77  + 3 ••  $ $  33,794 275,881  $ $  37,039 353,055  -9 -22  
Bank debits  (thousands) . . .  . .$  5,321  + 5  4  $  32,l4S  $  34,140  6  
End-of-month  deposits  (thousands) i .  .... $  3.459  6  + 3  $  3,66S  $  3,629  + 1  
Annual rate of deposit turnover.  18.0  +  8  17.4  18.7  7  

MESQUITE: see DALLAS SMSA 
MEXIA (pop. 6,121)  
Postal receipts•  . . ....... . ....$  8,313  + 36  + 31  $  40,014  $  37,841  + 6  
Building permits, less federal  contracts.  . . . .$  39,000  + 16  $  233.500  $  130,SOO  + 79  
Bank debits  (thousands) .  . . . . . . . . . . . .$  4,497  + 22  $  27,770  $  24,732  + 12  
End-of-month  deposits  (thousands) i . ... .......$  5,179  +  + 10  $  5,123  $  4,667  + 10  
Annual rate of deposit turnover .  10.7  + 10  10.8  10.6  + 2  

MIDLAND  
Standard Metropolitan Statistical Area  
(pop. 68,4521; Midland2)  
Nonfarm employment  (area) . . . .. ....... . .. . .  56,700  +  -1  55,9S3  57,3S3  - 2  
Manufacturing employment  (area) .  4,220  +  +  1  4,llS  4,167  - 1  
Percent unemployed  (area) .  3.2  + 10  -lS  3.5  3.9  - 10  
MIDLAND (pop. 62,625) Retail sales ..... ... .... . Apparel stores Automotive stores  --- St 16t 4t  + 20 + + 39  + + lS + 14  + 6 + 7 + 8  
Drue  stores  - St  - 5  + 3  + 6  
Postal receipts• . .. Bulldin(I' permits, leas federal  contracts.  . .. ....$ . .$ 107,115 S67,510 .  -2 -17  + 42  $  649,322 7,008,805  $ $  670,S93 7,480,997  3 6  
Bank debits (thousands) ....... . .. .. . End-of-month deposits (thousands) t . Annual rate of deposit turnover. Nonfarm ph1cements  $ .. . $  131,S45 lOS,276 14.9 S33  + 1 + 4 -2 ••  + 3 + 10 -5 + 15  $ $  Sl0,S34 104,373 15.5 4,390  $ $  S23,003 99,S.7 16.4 3,959  + 5 6 + 11  

MIDLOTHIAN: see DALLAS SMSA 
MINERAL WELLS (pop. 11,053)  
Retail sales  
Automotive stores General merchandise stores..  -4t -18t  + 39 -4  + 11  -18 + 2  
Postal receipts• . . . .......$ Building permits, leas federal contracts . $ Bank debits (thousands) . . . .$ End-of-month deposits (thousands) t . . ....$ Annual rate of deposit turnover ... Nonfarm placements  14,714 144,2S5 12,091 11,809 12.5 83  -3 + 22 + 1 + 3•• -22  -24 + 25 + 4 + 9 + 17  $ $ $ $  S7,26S 1.066,020 73.S6S 11,944 12.5 474  s $ $ $  99,541 79S,430 76,036 12,261 12.2 538  -12 + 34 3 -3 + 2 -12  
MISSION (pop. 14,081)  
Retail sales Drug stores ......... . ... . . Postal receipts• Building permits, less federal contracts.. Bank debits (thousands) ... End-of-month deposits (thousands) i . Annual rate of deposit turnover . .$ .. . $ . . . $ $  -St 9,514 31,330 12,%6 8,560 18.1  -9 + 5 -19 + 19 -1 + 22  + 12 -15 -43 + 24 + 7 + 16  $ $ $ $  55,646 1.244,004 71,949 S,S13 16.3  $ $ $ $  57,728 335,560 64,41S S,543 14.9  + 9 -4 +271 + 12 + 3 + 9  

MONAHANS (pop. 8,567) 
-17 $ 57,559 $ 60,611 -5

Postal receipts• .. . . . .$ 8,S99 $ l,105,4S7 $ 3S6.146 +1S6
Building permits, Jess federal contracts .. $ 161,300 +343 + 2 
Bank debits (thousands) . ... .$ 10,123 . 
$ 62,402 $ 61,515 + 
6 $ 7,477 $ 7,627 2End-of-month deposits (thousands) t .. $ 7,296 + 1 

16.6 16.1 + 3

Annual rate of deposit turnover... 16.7 2 + 2 
MOUNT PLEASANT (J>op. 8,027) 
R"tail sales 
Apparel stores . Postal receipts• ......... . . . Building permits, leas !ederal contracts . Bank debits (thousands) . End-of-month deposits (thousands) t. Annual rate of deposit turnover . 

AUGUST 1964 
-3

-7 
$ 10,246 -13 -10 

-16t -27 $ 66,756 $ 67,028 
$ 46,250 -57 1 $ 560.225 $ 315,550 + 7S 
... $ 10,59S 4 + 13 $ 64,345 $ 67,169 + 13 
+ 12 S,429 $ 7,488 + 13$ 8,549 + 6 15.3 ••15.8 + 8 15.3 

213 

Percent change  Percent change  
City and item  June 1964  June 1964 .from May 1964  June 19.64 from June 1963  Jan-June 1964  Jan-June 1963  Jan-June 1964 from Jan-June 1963  
MUENSTER (pop. 1,190) Postal receipts• Building permits, less federal contracts ... Bank debits (thousands) . End-of-month deposits (thousands) t . Annual rate of deposit turnover .  $ '' $ $ . $  1,712 12,000 2,446 1,964 14.9  -52 -60 + 15 -1 + 21  + 12 +100 + 11 -16 + 24  $ 11,757 $ 87,900 $ 13,663 $ 2,148 12.4  $ 10,764 $ 8,100 $ 13,496 $ 2,170 12.4  + 9 +986 •• -1 ••  

NACOGDOCHES (pop. 12,674)  
Postal receipts• Building permits. less federal  contracts .  .$ .. $  20,135 376,724  -4 +378  + +  16 24  $ $  123,222 1,097,988  $ $  103,996 1.177,087  + - 18 7  
ll1rnk debits (thousands) . End-of-month deposits (thousands)t . Annual rate of deposit turnover .  '' '. $ $  22,287 19,683 13.6  + 6 •• + 7  + + +  17 4 9  $ $  129,049 19,724 13.0  $ $  112,662 18.314 12.3  + + +  16 8 6  
Nonfarm placements  138  +  20  +  10  765  669  +  14  

NEDERLAND: see BEAUMONT-PORT ARTHUR SMSA 

NEW BRAUNFELS (pop. 15,631)  
Retail sales  
Automotive stores  -4t  - 20  2  +  7  
Postal receipts•  '.' .$  21,437  +  9  +  8  $  121,713  $  122,967  - 1  
Ruilding permits, less federal contracts . . '' .. $  113,114  - 61  $  1,216,567  $  969,849  +  26  
Bank debits (thousands) .  $  13,992  +  6  +  13  $  79,648  $  77,276  +  
Encl-of-month deposits (thousands) t . $  12,937  +  3  +  7  $  12,371  $  12.217  +  
Annual rate of deposit turnover .  13.2  +  +  6  12.9  12.6  +  
NORTH RICHLAND HILLS:  see  FORT WORTH SMSA  

ODESSA  
Standard Metropolitan Statistical Area  
(pop. 87,4721; Ector2)  
Nonfarm  employment  (area) .  56,700  +  - 1  55,983  57,388  - 2  
Manufacturing employment  (area)  4,220  +  +  4.118  4,167  -1  
Peroent unemployed  (area) .  3.2  +  10  -18  3.5  3.9  -10  
ODESSA (pop. 80,338)  
Retail sales  
General merchandise stores .  - 18t  - 19  +  1  -4  
Postal receipts•  '' .. $  83,588  - 7  +  2  $  515,593  $  507,234  + 2  
Ruil<ling permits, less federal  contracts .  $ 287,691  -40  -49  $  3,109,266  $  4,030,942  -23  
BKnk debits (thousands) . . . . ' ~:nd-of-month deposits (thousands)t. Annuttl rate of deposit turnover . Nonfarm placements  ' .... " $ 84,844 '' .. $ 78,973 12.9 434  -+ - 4 •• 14  + + + +  21 16 11  $ $  fil4,381 81,635 12.6 2,635  $ s  465,056 74,958 12.1 2,683  +IS + +  

ORANGE:  see  BEAUMONT-PORT ARTHUR SMSA  
PALESTINE (pop. 13,974) PoslRI receipts>) Building permits, less federal contrncts . BKnk debits (thousands) Encl-of-month deposits (thousands) i . AnnuRI rRte of deposit turnover .  .. ". $ 17,316 $ 160,096 $ 12,961 $ 15,734 9.8  + + +  11 2 10  + 20 + 34 + 11 + +  $ $ $ $  96,368 753,823 72,602 15,954 9.1  $ $ $ $  90,359 1,068,122 64,929 15, 732 8.2  + 7 -29 + 12 + 1 + 11  
PAMPA (pop. 24,664) Retnil sKles Automotive stores EatinR' and drinking places . Poshtl receipts'°' Rnnk clehits (thousands) Encl-of-month deposits (thousands) t . Annuxl rate of deposit turnover . NonfRrm plRC'ements  at 4t 4t s 27,W8 $ 26,ii74 $ 20,611 I :i.4 28;;  --+ + +  21 28 ** 7 34  4 + 13 + + 11 3-+ 12 +110  $ $  162,354 lfi3,479 20,980 14.6 1.206  $ $ $  168,895 152,609 23,133 13.2 823  + + + + 11 + 47  

PASADENA: see HOUSTON SMSA 
PECOS (11op. 12,728) 
Po~tRI receipts• . 
' .. $ 11.989

Huililing permit.a, ie·s~· f~~~~i .co~~r·a·C'ts -9 -13 $ 70,119 $ 73,54~ -5 
$ 41,030 +246 +1s2 -19
$ 141,881 $ 174,910 
Rnnk clehits <thousands) ... . . . .. 
. . . $ 13,32;; 

-15 2
End-of-month + 4 $ 103, 718 $ 105,738
deposits (thousands) t 

.. $ 11,003 + 9 ;;
-$ 11,048 $ 11,947
Annu;tl rate of deposit turnover . 

Nnnfa.rm placements 15.2 -16 + 14 18.5 17.6 + 
90 

+ 30 
+ 34 391 393 
214 

Percent change 
Percent change 

June 1964 June 1964 
Jan-June 1964

June from 
from Jan-June Jan-June from
City and item 1964 

May 1964 June 1263 19.64 1963 Jan-June 1963 
PARIS (pop. 20,977)  
Retail sales  .......... .  - St  
Apparel stores .. .  -16t  
Automotive stores  .. .. .  4t  
Lumber, building material,  
and hardware stores .  at  
Postal receipts• . . . . . . . . . . . .  . . . . . . . . . .  . . .. $  24,931  
Building permits, less federal  contracts.. ..... . . $  775,953  
Bank debits (thousands) .  . . . $  19,046  
End-of-month  deposits  (thousands) t .  .$  15,398  
Annual rate of deposit turnover.  15.0  
Nonfarm placements ... . ..... . ...... .  141  

- 7  + 10  +  9  
-14  + 8  + 7  
3  + 4  + 7  
6  +101  + 15  
-12  + 1  $  147,409  $  148,816  - 1  
+ 43  +152  $  3,211,928  $  1,105,103  +191  
+ 1  + 10  $  120,818  $  105,115  + 15  
+ 3  + 6  $  15,852  $  14,985  + 6  
+ 1  + 4  14.9  13.9  + 7  
+ 7  + 32  602  558  +  8  

PHARR (pop. 14,106)  
Postal receipts•  .. . $  6,649  + 1  -13  $  41,320  $  42,564  3  
Building permits, less federal  contracts .  $  38,115  + 58  + 50  $  240,424  $  235,873  +  2  
Bank debits  (thousands) .  .. . . $  3,903  +  M  $  24,814  $  25,738  4  
End-of-month  deposits  (thousands) t .  $  4,133  + 6  + 6  $  4.216  $  4,327  3  
Annual rate of deposit turnover .  11.7  **  11.8  11.9  

PILOT POINT: see DALLAS SMSA 
PLAINVIEW (pop. 18,735) Retail sales  - St  + 18  + 6  ••  
Automotive stores  - 4t  + 24  +  
General merchandise stores .  - 18t  + 17  -­ 9  
Lumber, building material,  
and hardware  stores .  - St  3  +  - 17  
Postal receipts•  ................. . ... . .... . .. .. $  27,492  + 1  + 20  $  162,255  $  151,698  + 7  
Building permits,  less federal  contracts .  .$  916,000  +1a1  +1301  $  4,204,200  $  1,970,450  +113  
Bank debits  (thousands) .  $  41,673  +  + 14  $  ~32,177  $  216,099  + 7  
End-of-month  deposits  (thousands) t .  . .. .$  26,829  - 4  +  $  25,546  $  24,484  + 4  
Annual rate of deposit turnover .  18.2  + 6  + 10  14.9  14.5  + 3  
Nonfarm placements  324  **  + 51  1,868  1.500  + 25  

PLANO: See DALLAS SMSA 
PORT ARTHUR: see BEAUMONT-PORT ARTHUR SMSA 
PORT ISABEL: see BROWNSVILLE-HARLINGEN-SAN BENITO SMSA 
PORT NECHES: see BEAUMONT-PORT ARTHUR SMSA 
QUANAH (pop. 4,564)  
Postal receipts•  ..  . . . . . $  5,199  - 2  +  29,094  $  31,264  - 7  
Building permits, less federal  contracts .  $  28,000  -88  + 89  378,900  $  262,050  + 45  
Bank debits  (thousands) .  ...$  6,336  + 39  - 5  $  33,735  $  38,601  -13  
End-of-month  deposits  (thousands>* .  . .. $  5,301  + 6  - 6  $  5,570  $  6,168  -10  
Annual rate of deposit turnover ..  14.7  + 3;;  + 10  12.0  12.4  - s  

RAYMONDVILLE (pop. 9,385) Postal receipts• . .. .... . . . ... .. ... ... . ......... $  6,349  + 13  + 5  89,584  $  39,599  ..  
Building permits, less federal  contracts .  . .. .$  33,500  **  +186  195,700  $  207,350  6  
Bank debits (thousands) .  . . .. . . . $  7,381  + 27  + 10  5  37,127  $  36,552  +  
End-of-month  deposits  (thousands) t .  $  7,193  + 8  + 6  $  7,234  $  7,629  5  
Annual rate of deposit turnover .  12.8  + 22  + lii  10.3  9.5  +  8  
Ncnfarm placements  37  - 8  -18  478  465  +  3  

IUCHAimSON: see DALLAS SMSA 
ROBSTOWN: see CORPUS CHRISTI SMSA 
ROCKDALE (pop. 4,481)  
Postal  receipts•  ... . . $  4,274  -27  + 12  $  28,127  27,790  +  
Bank debits  (thousands) .  $  4,142  -10  ~:(1  $  27,144  24,607  + 10  
End-of-month  deposits  (thousands) t .  6,137  + 2  +  $  6,170  5,882  +  
Annual rate of deposit turnover .  8.2  - 10  - 4  8.8  8.4  +  

IWSENBEHG (pop. 9,698) 
Postal receipts• $ 8,812 -11 $ 52,941 $ 55,775 5 
Building permits, less federal contracts . $ 69,500 --36 + 42 $ 430,170 $ 464,062 7 
End-of-month deposits (thousands) t. $ 8,891 -1 + 3 $ 9,176 $ 8,995 + 

AUGUST 1964 
Percent chanae

Percent change Jan-June 1964June 19S4
June 19S4 
Jan-June Jan-June from

fromJune May 19S4 June 19S3 
from 
19£4 1968 Jan-June 1968 19S4City and item 

SAN ANGELO 
Standard Metropolitan Statistical Area (pop. 69,9521; Tom Green2 ) 
19,950 19,925 ••120.300 +

Nonfarm employment (area) . 1 + 8,297 8,202 + a
3,480 + 3 + 5 
Manufacturing employment (area) . 5.0 5.4 -7
9 -174.8 +Percent unemployed (area) ... 
SAN ANGELO (pop. 58,815) 
+ 18 + 9 -St -5

Retail sales . .. + 21
+ 30

-4t -8
Automotive etoree + 7 
-18t -14 + 17 
General merchandise etoree . 

•• + 38 
Jewelry etoree . . . .. 520,202
+ + 15 s 524,758 $ +.$ 90,7SS
Postal receipts• + so + 47 $ 3,038,110 $ 2,93S,338 + 8
.$ 43S,500Building permit.., lees federal contracts . 
25 s 37S,444 $ 332,676 + la 

..$ S3,816 + 2 +
Bank debits (thousands) . $ 47,528
1 $ 49,406 + 4

50,021 + 3 +
End-of-month deposit.. (thousandsit. $ + 23 15.2 14.0 + 9

15.5 ••
Annual rate of depoeit turnover.. 

SAN ANTONIO 
Standard Metropolitan Statistical Area (pop. 774,175t; Bexar and Guadalupe2 ) 214,950 209,767 + 2 
Nonfarm employment (area) ... 215,200 •• + 2 25,713 25,088 + 8 Manufacturing employment (area) 25,900 + + 2 4.7 5.4 -18
4.9 + 17 -11
Per<ent unemployed (area) . 
SAN ANTONIO (pop. 587,718) 
+ 8 

Retail sales ... -St -8 + 5 
+ 14
+ 25

Apparel storee -18t -12 
+ 7

Automotive storee St + s 
+ 4

Drug stores st -3 + 3 Eating and drinking places . lt + 1 1 -+ 18 8 Florists 
-41 + 3 8Food store• 2t 8 •• 
+ 7

Furniture and household appliance stores. St -5 + 10 
Gasoline and service stations . 4t + 4 •• 
General merchandlee storee . 9t -18 + 7 

+ 

Jewelry etoree -18 -6 
Lumber, building material, 
and hardware stores . . -St -1 + 10 

+ a 
-10

Nurseries -40 -35 Poslr.I receipts• .. . ... . $ SSS,187 2 + 8 $ 5,150,801 $ 5,033,172 + 2 Buihling permit.., less federal contracts . $ 5,062,540 + 19 $ 32,4S8,323 $ 29,SS6,087 + 9 Bank debits (thousands) . .$ 795,144 + s + 14 $ 4,581,S32 $ 4,46S,470 + a End-of-month deposits (thousands) t. . .. $ 433.024 + 3 + s $ 427,854 $· 416,462 + Annual rate of deposit turnover . 22.3 + 5 + 10 21.4 21.3 •• 
SCHERTZ (pop. 2,281)  
Pmii.al  receipts(!  . .. ... . . . . . .. $  l,35S  - 1  + 10  $  8,359  s  7,443  + 12  
Bank debits  (thousands) .  $  577  -1  $  3,593  
End-of-month  deposits  (thousands) t .  .... $  l,252  + 10  $  1,110  
Annual  rate of deposit turnover .  5.8  - 11  

SEGUIN (pop. 14,299)  
Retail sales  
Automotive  stores  -4t  +  10  + 47  + 6  
Postal  reC"eipts<i  12,667  +  s  ••  $  73,64S  $  74,926  -2  
Buildinir permits, less federal contracts . BKnk dehits (thousands) Encl-of-month d~po~its (thousands) t AnnuRI rRte of deposit turnover .  $  71 ,446 12.335 15,147 9.S  + +  6 3  -28 + 20 + + 16  $ $ $  1.310,906 72,855 15,302 9.5  s $ $  592,829 S9,181 14,890 9.3  +121 + 6 + 8 +  

SAN BENITO: see BROWNSVILLE-HARLINGEN-SAN BENITO SMSA 
SAN JUAN (pop. 4,371) PostRl reC'e iptso 6
$ 2,196 -28 -15 $ 15,050 $ 15,822 -Huildinir permil3, less federal contracts +102
~ 5,940 -92 -44 s 113.935 $ SS,300BRnk rlehits (thousands) ~ 1,603 -18 -12 $ 12,125 $ 11,289 + 8 
Erod-of-month deposit• (thousands) t. l,7S5 6
$ -5 6 $ 1,892 $ 1,998 ­
Annual ra.te of deposit turnover . 




10.S -lS -~ 12.7 11.2 + 1S 
Percent change  Percent change  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1968  Jan-June 1964 from Jan-June 1968  

SAN MARCOS (pop. 12,713)  
Postal  receipts•  . . ................. . .... . .....$  10,253  -22  - 2  $  73,166  $  74,788  - 2  
Building permits, less federal  contracts .  .$  205,960  + 45  + 16  $  1,118,386  $  586,896  + 91  
Bank debits  (thousands) . . . . . . . . .  . . $  8,677  6  + 8  $  56,969  $  48,544  + 16  
End-of-month  deposits  (thousands) t .  .$  10,238  + 2  + 14  $  10,324  $  9,072  + 14  
Annual rate of deposit turnover.  10.S  - 4  10.9  10.7  + 2  

SAN SABA (pop. 2,728)  
Postal  receipts•  . . . . .  . ... . ... .$  3,435  + 29  + 17  $  19.S67  $  19,485  - 1  
Building permits, lesa federal  contracts....... .. $  28,500  - 5  $  111,SOO  $  46,500  +1ss  
Bank debits (thousands) . End-of-month deposits (thousands)t .  . .. $ . ...$  4,S48 4,S94  - s ••  +  $ $  27,S95 4,551  $ $  25,465 4,550  + 8..  
Annual rate of deposit turnover...  11.9  - s  + 4  11.9  11.2  + 6  

SCHERTZ: see SAN ANTONIO SMSA 
SEAGOVILLE: see DALLAS SMSA 
SEGUIN: see SAN ANTONIO SMSA 
SHERMAN (pop. 24,988)  
Retail sales ... . .... .  -St  + 3  3  + 4  
Apparel stores ... . .  -16t  -20  -2  
Automotive stores  4t  + 9  + 11  
Furniture and household appliance stores ..  4t  +  +  + 8  
Lumber, building material,  
and hardware stores .  St  + 11  -31  
Postal receipts• .. $  S6,782  9  + 4  222,966  $  220,748  +  
Building permits, less federal contracts . $  657,S44  -52  +1ss  $  3,127,525  $  2,6S7,S25  + 19  
Bank debits (thousands) . . .$  32,991  + 8  + 9  $  192,735  $  178,779  + 8  
End-of-month deposits (thousands)t . . . $  19,734  +  + 8  $  19,8S6  $  19,157  +  
Annual rate of depesit turnover .  20.6  + 8  + s  19.2  18.4  + 4  
Nonfarm placements . ........ .  164  9  -S2  926  1,105  -16  
SILSBEE (pop. 6,277)  
Postal :eceipts• ...... . ... . . . ....$ Building permits, leu federal contracts . $  9,720 5,475  + 24 -96  + 19 -73  $ $  51,141 404,340  s $  50,001 190,222  + 2 +11s  
Bank debits (thou•ands) . . . . .. .$ End-of-month deposits (thousands) i . .. ........$  4,2S2 5,874  -7 .,,  -8 + 5  $ $  28,182 5,611  $ $  26,548 5,590  + 6 ••  
Annual rate of depesit turnover .  8.7  -12  -12  10.1  9.5  +  

SINTON (pop. 6,008) Postal receipts• .. $ 8,799 + 28 + 10 $ 41,570 $ 42.489 -2 Building permits, less federal contracts .. $ 8,200 -39 -77 $ 8S,069 $ 19S,211 -57 Bank d~bits (thousands) . .. .. $ 4,0SS -12 + 7 $ 27,284 $ 24,925 + 9 End-of-month deposits (thousands) t. .... ...$ 4,032 + 1 -11 $ 4,440 $ 4,823 -8 Annual rate of deposit turnover. 12.l -7 + 17 12.1 10.2 + 19 
SLATON: see LUBBOCK SMSA 
SMITHVILLE (pop. 2,933) Postal receipts• .$  2,188  + 4  + 9  $  14,S23  $  lS.715  + 4  
Building permits, less federal contracts . Ba»k debits (thousands) .. End-of-month deposits (thousands) t . Annual rate of deposit turnover. $ .. $ ....$  2.150 1,185 2,S92 5.9  -81 -S6 -2 -S6  -59 + s 2 + 2  $ $ $  S6,105 8,310 2,485 6.7  $ $ $  67,1 50 7,498 2,366 6.4  -46 + 11 + 6 + 6  
SNYDER (pop. 13,850)  
Retail sales  
Automotive stores  -4t  -7  -12  -6  
Postal receipts• .. $  15,003  + 37  + 18  $  79,178  s  81,014  -2  
Building permits, less federal contracts . $ Bank debits (thousands) . . . $ End.-c.f-month deposits (thousands) t . . .. $ Annual rate of deposit turnover. . ......... . .  58,575 16,S94 17,935 11.l  +S96 + so + s + 29  + + 41 + 10 + Sl  $ $ $  404,275 9S.6S5 18,261 10.1  s s $  455,324 77,081 17,605 8.6  -11 + 21 + + 17  

SOUTH HOUSTON: see HOUSTON SMSA 
SULPHUR SPRINGS (pop. 9,160) 
Postal receipts• ...$ Building permits, less federal contracts.........$ Bonk d~bits (thousands) . . . $ End-of-month deposits (thousands) i. . .. $ Annual rate of depesit turnover. . ... . . . ... . 

AUGUST 1964 
12,349 174,554 12,521 
1~.609 
11.9 -16 

+ 
13 

+ 
4 

+ 
1 


+ 3 
-15  s  83,195  s  72,925  
+ 48  $  72S,979  s  898,890  
+ 10  $  78,144  s  70.564  
+ 2  $  12,801  s  12.585  
+ 8  12.1  11.2  

+ 14 -19 + 11 + 2 
+ 8 
217 SWEETWATER (pop. 13,914) 

Percent change  Percent change  
City and item  June 1964  June 1964 from May 1964  June lf64 from June 1963  Jan-June 1964  Jan-June 1963  Jan-June 1964 from Jan-June 1968  

... $ 10,204 -20 -34 $ 80,303 $ 81,841 -2
Postal receipts.,., 
Building permits, 1ess federal contracts . . .. $ 71.250 + -19

-39 $ 422,815 $ 523,010 10,697 + 8 $ 73,797 $ 72,107
Bank debits (thousands) . $ + End-of-month deposits (thousands) t. .... $ 9,986 + 1 10,268 -1
$ 10,160 $ 

Annual rate of deposit turnover . 12.9 2 + 10 14.3 18.9 + 8 Nonfarm placements 112 -16 14 720 572 + 26 
TAYLOR (pop. 9,434)  
Retail sales  
Automotive  stores  - 4t  +  +  30  + 4  
Postal  receipts•)  ...$  9,540  10  + 14  $  54,466  $  53,983  + 1  
Huilding permits,  less federal  contracts .  $  106,197  - 39  +244  $  453,481  $  213,925  +u2  
ll•nk debits  (thousands)  $  7,336  <•  +  $  48,996  $  46,511  +  
E:nd-of-mo!lth  deposits  (thousands) t  $  14,086  +  2  + 5  $  14,634  $  13,758  +  
Annual  rate of deposit turnover .  6.3  ¢\'  5  6.6  6.7  
Nonfarm placements  44  +  7  12  184  177  +  

TEMPLE (pop. 30,419)  
Retail sales  st  + 10  + 11  +  8  
Apparel stores  16t  - 11  +  1  - 1  
Automotive  stores  4t  + 43  + 21  +  13  
Drug stores  St  7  +  +  
Furniture and household appliance stores .  4t  + 6  + 11  +  
Lumber, building material,  
and  hnrdware  stores .  St  + 1  + 21  +  
Postal  receipts~'  44,122  6  5  269,516  $  266.341  +  1  
Building permits, less federal  contracts.  2,814,040  +108  +248  6,137,137  $  4,608,233  +  86  
Bank debits (thousands)  38,773  + 28  + 35  203,791  $  174,950  +  16  
Nonfarm placements  286  - 4  + 63  1.532  1,124  +  36  

TERRELL (pop. 13,803)  
Postal  receipts0  ..... . . .. ....$  8,899  - 2  - 17  s  52,294  $  57,224  -9  
Building permits, less federal  contracts.  $  44,511  56  - 35  $  1,722,665  $  560,390  +207  
f!ai;k debits  (thousands)  $  9,905  +  +  19  $  58,341  $  50,637  + 16  
End-of-mor.th  deposits  (thousands) t .  $  8,622  +  4  "'*  $  8,558  $  8,408  + 2  
Annual rA.te of deposit turnover  14.0  1  +  17  13.6  11.9  + 14  

TEXARKANA  
Standard Metropolitan Statistical Area  
(pop. 62,8691 ;  Bowie, excluding Miller, Ark.2)  
Nonfa.rm  employment  (area) .  31,900  (::;:  •*  31,800  31,583  +  
ManufRcturing employment  (area)  6,750  ·~*  3  6,617  6,408  +  
Percent unemployed  (area) .  6.9  +  21  + 10  6.4  6.6  
TEXARKANA (pop. 30,218)  
Retail sales  
Furniture Rnd household appliance stores .  - 4t  + 27  + 20  + 4  
Postal receipts-=' Building permits, less federal contracts . Rat.k dehits (thousands) End-of-month deposits (thousands) t Annual rate of deposit turnover.  . $ 72,124 $ 477,575 $ 70,507 $ 19,768 19.1  + 11 + 13 + 9 1 + 6  + 6 +135 + 10 + +  $ 402,403 $ 2,433,862 $ 403,644 $ 20,027 18.9  $ $ $ $  398,525 1,896,875 371,064 18,565 18.4  + 1 + 28 + 9 + +  

TEXAS CITY: see GALVESTON-TEXAS CITY SMSA 

TYLER  
Standard Metropolitan Statistical Area  
(pop. 92,3351 ;  Smith2)  
Nonfarm employment (area) Mnnufttcturing employment l't•rrent unemployed (area) . TYLER (pop. 51,230)  (area)  32,600 8,390 4.7  + + +  24  + +  5 8  31,926 7,955 4.6  31,408 7,538 4.7  + +  
Retail sales Apparel stores Automotive stores Postnl re<'eiptso HuildinR" Pl'Tmits, lt>ss federal Bank tld1its Hhousanrls) En1l-of-month deposits (thousands) t Annual rate of deposit turnover . Nonfarm p)a('ements  St 16t 4t $ 102,894 $ 2.398,38ii $ 110,942 71,843 18.8 745  -12 -17 -18 ~ ii + 78 + + + 4 + 8  + 13 + 8 +285 + 19 + + 17 6  $ $  668,138 13,079,941 651,911 69,748 18.7 3,836  $ 673,302 $ 6,682,797 $ 604,697 67,347$ 18.0 4,442  •• + 10 -1 -1 + 99 + 8 + 4 + 4 -14  
218  
TEXAS BUSINESS REVIEW  

Percent change Percent change June 1964 June 1964 
Jan-June 1964

June from from Jan-June Jan-June from
City and item 1964 May 1964 June 1963 1.964 1963 Jan-June 1963 
TOMBALL: see HOUSTON SMSA 
UVALDE (pop. 10,293) 
Retail sales 
Lumber, building material, 
and hardware stores . -St + 5 4

-6 

Postal receipts0 .. . $ 10,080 + 6 -5 $ 61,968 s 61,937 .. Building permits, less federal contracts . .... .... $ 131,448 -20 +439 $ 511,931 $ 503,719 + 2 Bank debits (thousands) . .... .. ... .. . . ... . . . ... $ 10,979 9 + 2 $ 72,057 $ 75,488 End-of-month deposits (thousands) t. . ... $ 8,829 + + 2 8,875 8,941 Annual rate of deposit turnover . 15.3 JO + 3 16.3 16.9 
VERNON (pop. 12,141) 
Retail sales 

Automotive stores -4t -19 -26 + 8 Postal receipts0 ... $ 12,280 -2 -3 $ 74,215 $ 77,237 -4 Building permits, less federal contracts . $ 215,492 + 97 +325 $ 771,146 $ 586,344 + 32 Bank debits (thousands) . . . ....... .... .. $ 17,653 + 37 + $ 92,846 $ 96,215 -4 End-of-month deposits (thousands) t. .. $ 20,291 + 7 1 $ 19,538 $ 19,563 •• Annual rate of deposit turnover . 10.8 + 32 + 9 9.5 9.8 3 Nonfarm placements .. ................. 102 + 55 6 411 436 -6 
VICTORIA (pop. 33,047)  
Retail sales  
Apparel stores  .... ..... ... ... ... .......  - 16t  +  10  +  6  
Food stores ..  - 4t  4  - 7  8  
Poatal  receipte0  ... . ....$  44,089  +  1  + 7  s  253,642  s  250,323  +  
Building permits, lea• federal  contracts .  . .. $  475,902  +  92  +148  $  2,699,241  $  3,115.523  - 13  
Bank debits (thcusands) . End-of-month deposits (thousands) t .  . . .....$ ... $  67,968 82,586  2  +  ••  419,542 84.214  s $  387,913 80,272  + +  8 5  
Annual rate of deposit turnover .  9.8  5  + 5  9.9  9.7  +  2  
Nonfarm placements  587  8  + 6  3,121  2,873  +  9  

WACO  
Standard Metropolitan Statistical Area  
(pop.  153,1091 ;  McLennan2 )  
Nonfarm  employment  (area) .  52,000  + 2  51,950  50,800  +  2  
Manufacturing employment  (area) .  10,840  +  +  3  10,592  10,333  +  2  
Percent unemployed  (area) .  5.1  +  21  12  5.1  5.4  6  
McGREGOR (pop. 4,642)  
Building permits, less federal  contracts ...  . . . . . s  2,000  -97  -93  s  97,250  s  92,900  +  
Bank  debits  (thousands) .  .. $  4,570  +  +  16  $  25,934  $  21,409  +  21  
End-of-month  deposits  (thousands) t .  . ... $ 5,761  +  +  $  5,731  $  5,543  +  3  
Annual rate of deposit turnover .  9.6  +  +  13  9.0  7.8  +  15  

WACO (pop. 103,462)  
Retail sales Apparel stores . . . . . . . . .. Automotive stores .. ...... ... . .. .. .. ... . . General merchandise stores . Lumber, building material, and hardware stores . Post.RI rt>ceipts0 .$ Building permits, less federal contracts . ...$ Bank debits (thousands) .. .$ End-of-month depcsits (thousands)t . . .. $ Annual rate of deposit turnover .  -at -16t -4t -18t -St 185,759 1,219,974 128,544 80.327 lH. 2  --+ ---+ ·-­- 6 9 19 26 10 II 44 3 f;f; 3  + + 4 + 10 -23 + ~ + 11 + 20  $ $ $  1,1.59,794 8.665,581 791,480 80,052 19.7  $ $ s $  1,146,410 9,630.564 739,000 71,283 20.6  + + + + + -+ + - 6 6 10 7 16 1 10 7 12 4  
AUGUST 1964  219  

Percent change  Pereent cbaqe  
City and item  June 1964  June 1964 from May 1964  June 1964 from June 1963  Jan-June 1964  Jan-June 1968  l an.J11ne 1984 from Jan-lune 1988  

WAXAHACHIE: see DALLAS SMSA 

WEATHERFORD (pop. 9,759) 
Postal receipts~~ . . $ 11,320 •• -3 $ 69,794 $ 71,815 -2 
Buildi'lg permits, Jess federal contracts. . $ 128,200 + ,'; -82 $ 742,800 s 1,189,951 -86 
End-of-month deposits (thousands) t $ 14,677 + + 9 $ 14,192 $ 18,689 + ' 

WESLACO (pop. 15,649)  
Postal receipts°' Building permits, less federal contracts. Bank debits (thousands) . End-of-month deposits (thousands) t . Annual rate of deposit turnover .  ..s $ .$ $  10,642 64,970 6,927 7,027 11.8  -9 +241 -9 o:::: -8  + + +  4 13 3 3 2  $ $ $ $  65,397 414,938 50,723 7,.448 13.5  $ $ $ $  66,057 848,463 45,205 7,266 12.4  -1 -51 + 12 + a + 9  

WHITE SETTLEMENT: see FORT WORTH SMSA 

WICHIT A FALLS  
Standard Metropolitan Statistical Area  
(pop. 140,8401 ;  Acher and Wichita2 )  
Nonfarm  •mployment  (area)  46,650  +  +  2  45,675  45,867  +  
Manufacturing employment  (area)  4,200  +  +  4  4,108  3,963  + 4  
Percent unemployed  (area) .  4.2  +  24  -16  4.4  4.8  8  
IOWA PARK (pop. 5,000r)  
Building permit., less federal  contracts .  $ 27,200  +  - 75  $  222,500  $  513,400  -67  
Bank debits (thousands) End-of-month deposits (thousands) t Annual rate oC deposit turnover .  .. $ 4,664 $ 4,464 12.5  + 25 1 + 23  + 11 + 8 + 2  $ $  24,227 4,228 11.5  $ $  22,757 3,962 11.5  + 6 + 7 ••  

WICHITA FALLS (pop. 101,724) 
Retail sales 

-3t 8 + 9 
+
Apparel stores 

-16t -2 2 
Automotive stores 

-4t + 10 + 5 
Furniture and household appliance stores 

-4t + 3 + 4 + 1 
General merchandise stores. 

-18t -14 + 9 + Z1
Postal rec:-eipts-0 

....$ 122,184 -4 1 $ 742,516 $ 838,149 -11 
Builtling permits. less federal rontracts . 

$ 2,303,326 +321 + 43 $ 6,689,011 $ 8,378,114 -20
li1rnk dehits (thousands) . 

. . $ 139,634 + + 19 $ 829,779 $ 739,489 + 12 
End-of-month deposits (thousands) t. $ 101.230 + 
-4 $ 100,515 $ 101,184 -1 
Annual rate of deposit turnover. 
16.8 
+ 23 16.4 14.7 + 12 

LOWER RIO GRANDE VALLEY 
(pop. 352,0861 ; Cameron, Willacy, and Hidalgo2) 
Retail sales 

-3t -8 + 6 + 4Apparel stores -16t -14 + 14 +uAutomotive stores 4t -8 + 10 + 7Drug stores 
8t -9 
+ + 4

Eating and drinking places ..
4t -10
Florists -3:; 4 -8Food stores 4t -12 8 -1 

Furniture and household appliance stores. ..
4t -14
Gasoline and service stations + 1 t +

General mer('handise stores + 4 
•

!St 9 
2 +
I.umber, building mat~rinl, 
• 
and hardware stores 

St + 16 + 10 +Office, store and school supply dealers + 3 + 34 + 19Postal n..·re:pts>:< 
-I 3 -s
Buillling permits, less fcd~ral cont·r~·cts $ $ B}tnk 1lt·~1its (thousands) -21 14 $ $ + 16 Encl.of-month deposits (thousands) t ~ + ¢::: :; + 8 $ $ + 4 
~ 
+ 6 $ +1
Annual rate of deposit turnover 

1s.n + +
+ 16.9 16.0 

220 TEXAS BUSINESS REVIEW 
BAROMETERS OF TEXAS BUSINESS 

All figures are _for Texas unless other:wi~ indicated. All in~exes are based on the average months for 19:i7-59, except where incli· cated;_ all are ad)usted. for seasonal vanauon, except_ a_nnual mdexes. Employment estimates are Texas Employment Commission ~ata m cooperation ~·t~ the Bu_reau ~f Labor Stat!sucs of the U. S. Department of Labor. The index of Texas business a<"li\'il\' 1s based on bank debits m 20 cltles, adjusted for pnce level. An asterisk (•) indicates preliminary data subject to revision. Re,·iseil 
data are marked (r) . 
Year-to-date average
June May June 1964 1964 1963 1964 1963 

GENERAL BUSINESS ACTIVITY  
Texas business activity, index  . . . . ... . . .  147.1  146.5  126.3  146.0  134.I  
Miscellaneous freight carloadings in SW District, index  76.2  77 .1  79.9  77.3  77.6  
Wholesale prices in  U. S., unadjusted  index .  100.1  100.1  100.3  100.4  JOO.I  
Consumers' prices in U . S., unadjusted index.  108.0  107.8  106.6  107.8  106.2  
Income payments to individuals justed annual rate) .  in  U. S.  (billions,  at  seasonally  ad­ s  489.2•  $  487.Sr  $  462.7r  $ 484.4  $ 457.0  
Business  failures  (number) ..  69  59  48  59  50  
Business failures  (lia hili ties, thousands)  s  4,921  $ 4,917  s  2,629  s  5,147  s  4,323  
Newspaper linage,  index  107.7  110.6  104.7  108.1  106.0  
Ordinary life insurance sales,  index . .  157.8  143.7  129.7  149.8  128.3  
TRADE  
Total  .retail  sales,  index  ......... .... ... . .. . . .  132.9•  130.5•  126.9r  
Durable-goods sales,  index  163.7•  152.J •  156.1 r  
Nondurable-goods sales, index  117.J •  119.3•  111.Sr  
Ratio of credit sales to net sales in department and apparel stores  68.3•  65.6•  69.3r  68.8  69.9  
Ratio of collections to outstandings in department and apparel stores  31.4•  31.8•  29.9r  33.6  32.8  
PRODUCTION  
Total electric power consumption, index .  163.3•  165.5•  152.9r  159.2  143.6  
Industrial electric power consumption, index .  148.9•  150.6•  134.lr  146.7  131.7  
Crude oil  production,  index  102.8•  101.8•  96.Sr  99.0  93.0  
:herage daily production per oil well  (bbl.) ... . .......... . . . .  13.1  13.0  12.7  13.1  12.5  
Crude oil runs to stills, index  ... .. . . . .  116.4  116.0  112.0  114.2  110.3  
Industrial production in U. S., index .  . . . . . . . . . .  131.8•  131.2r  125.5r  129.7  122.2  
Texas industrial  production-total,  index .  12s•  126•  12lr  125  117  
Texas industrial  production-manufacturing,  index  144•  142•  135r  142  132  
Texas industrial  production-durable goods,  index  139•  136•  128r  135  124  
Texas industrial production-nondurable goods, index .  148•  147•  139r  147  138  
Texas mineral  production, index  . . . . . . . . .  . . . . .  100•  106•  104r  102  99  
Cement shipments, index ..  . . . . . . . ..  132.1  134.2  125.7  121.8  115.8  
Cement production, index . . . . . . . . . . ..  . ... .. .. ...  137.7  129.7  140.0  119.4  116.0  
Cement consumption, index .  . . . . . . . . ... .  ..... ....  131.6  124.6  114.7  120.l  113.5  
Constrnclion  authorized,  index  121.8  115.8  109.6  127.8  127.9  
Residential  building,  index  122.0  110.4  109.5  119.2  118.1  
Nonresidential  building.  index  ... .. . . . .  116.8  126.5  105.2  140.0  141.4  
AGRICULTURE  
Prices recei\'ed by farmers. unadjusted index, 1910-14=100 .  .  246  245  254  252  262  
Prices paid hy farmers in U. S., unadjusted index, 1910-14=100  313  313r  311  313  311  
Ratio of Texas farm prices receh·ed to U. S. prices paid by farmers  79  78  82  81  84  
FINANCE  
Bank  debits,  index .  147.2  146.6  126.7  146.5  134.3  
Bank debits, U. S., index  161 .0  157.9  143.0  160.5  146.6  
Reporting member hanks, Dallas Federal Reserve District: Loans (millions) Loans and investments (millions) Adjusted demand deposits (millions) Re,·enue receipts of the State Comptroller (thousands)  s 4.225 s 6.296 s 2.740 5124.106  s 4,124 s 6,169 s 2,840 S217,685  s 3,637 s 5,800 s 2.773 SI05,687  s 4,097 s 6,171 -~ 2,819 Sl 52,610  s 3,562 s 5.712 s 2,861 5142.932  
LABOR  
:\fanufacturing employment in Texas, index Total nonagricultural employment in Texas, index Average weekly hours-manufacturing. index .. Average weekly earnings-manufacturing, index . Total nonagricultural employment (thousands) . Total manufacturing employment (thousands) . Durable-goods employment (thousands) . Nondurable-goods employment (thousands)  . . . . .  109.4° I I0.9• 100.5° 116.J • 2.75i.7• :i33.9° 264.8• 269.1 •  109.lr Ill.Ir 1 Ol.2r l l 7.4r 2,744.1 r 527.0r 261.7r 265.3r  106.2 108.'1 101.2 113.6 2.698.l r 518.4r 253.6r 264.8r  108.5 110.6 101.3 116.3 2.722.7 :i24.8 258.4 266.4  105.3 108.0 100.9 112.0 2.6'18.1 508.9 246.4 262.!i  
Total nonagricultural labor force in selected labor market areas (thousands) Employment in selected labor market areas (thousands)  2.'il4.5 2,343.7  2,484.0 2.338.4  2,464.2 2,271.!i  2,479.7 2.322.6  2.423.9 2.24'i.7  
Manufacturing employment in selected labor market areas (thousands) . . . . . . . . . . . .............. Total unemployment in selected labor market areas (thousands)  429.9 109.4  424.2 89.2  408.7 123.1  421.8 104.6  400.9 117.0  
Percent of labor force areas . .. . . . .  unemployed in  selected  labor market  4.4  3.6  5.0  4.2  4.8  

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CJ ::i1 
A MICROANALYTIC MODEL 
OF AUTOMOBILE PURCHASE 

by DAVID S. HUANG, Ph.D. 

Consumer expenditures on durables, whether measured ab­solutely or relative to disposable income, have been notorious for their wide fluctuations. Expenditures on automobiles have been no exception. Consumer surveys have shown that three­quarters of all family units owned cars in 1956, compared to about one-half prior to World War II. The higher rate of family formation, longer vacations, migration toward suburban areas, increasing popularity of two-car families, and wider and more intensified use of credit are among the trends which in­dicate that, in addition to cyclical instability, there have been considerable structural shifts in the demand for automobiles. 
This study was confined to two basic objectives: to build a consumer purchase model of automobiles and to subject some related economic hypothesis to empirical testing. A model of the type attempted in this study would have several useful features. It would, first of all, help to clarify the decision proc­esses of the micro-consumer units. In addition, it would sug­gest variables and steps that, in one package, could predict or explain the net outlays and total expenditures, respectively, for the consumer units and the consumer sector. Built into the process of the construction of this model were tests of some economic hypotheses about consumer behavior. These hypotheses could be considered an advance over those of previous cross­section studies and the time-series analyses. Finally, the model could provide a building block in the simulation of the con­sumer sector of the U. S. economy. 
. $2.00 

orcler your copy from 
BUREAU OF BUSINESS RESEARCH 
(Texas residents add 2% sales tax)