B AUGUST 1965 SE1\1IANNU AL 
ISSUE 

u 


TEXA S 

I GCi i9o5 
N HE LIB~ RY. R EVIE 

s 
s 


A JIontlily Summary of Bu,siness and Eco11omic Conditio11.· i11 T xa. 
BGREAU OF BUSINESS RESEARCH: THE U:\'IVERSITY OF TEXAS 
TEXAS BUSINESS REVIEW VOL. XXXIX, NO. 8, AUGUST 1965 
Editor: Stanley A. Arbingast I Associate Editor: Robert H. Ryan I Managing Editor: Robert H. Drenner 
Editorial Board: Stanley A. Arbingast, Chairman; John R. Stockton, Francis B. May, Robert H. Ryan, Robert H. Drenner 

CONTENTS  213:  LOCAL  BUSINESS  CONDITIONS  
201:  THE BUSINESS May  SITUATION  IN  TEXAS  by  Francis  B.  240:  TEXAS FAMILIES WITH 1959-BY COUNTIES  INCOMES  UNDER  $3,000  IN  
204:  MARKETING RESEARCH FOR William P. Dommermuth  INDUSTRIAL  GROWTH  by  BUSINESS RESEARCH COUNCIL  
208:  SECURITIES  REGISTRATIONS  IN  TEXAS-THIRD  QUAR­ John Arch White, Dean of the College of Business Admin­ 
209:  TER, FISCAL YEAR 1964-65 by Ernest w. Walker TEXAS BUILDING AUTHORIZED-JUNE AND FIRST-HALF 1965 by John R. Stockton  istration (ex officio); John R. Stockton, Jim G. Ashburne, Jessamon Dawe, James R. Kay, Stephen L. McDonald, Kenneth W. Olm, and W. T. Tucker  
211:  RETAIL  SALES  IN  TEXAS-Jl'NE  AND  FIRST-HALF  
1965 by Robert H. Drenner  BUREAU OF BUSINESS RESEARCH  
Director: John R. Stockton  
CHARTS  AND  TABLES  Associate Director and Resources Specialist: Stanley A.  
201:  TEXAS  BUSINESS ACTIVITY  Arbingast  
202:  SELECTED BAROMETERS  OF TEXAS  BUSINESS  Assistant to  the Director:  Florence Escott  
202: 203:  TEXAS INDl'STRIAL NONAGRICULTURAL  PRODUCTION EMPLOYMENT  IN  TEXAS-SELECT­ Consulting Statistician:  Francis B. May  
ED  LABOR  MARKET  AREAS  Administrative Assistant: Juanita Hammons  
203: 204:  BUSINESS PERCENT  ACTI\'ITY INDEXES FOR 20 FREQUENCY OF FORMAL  TEXAS CITIES MARKETING RE­ Research Associate: Charles 0. Bettinger, Pearl Clarke, Robert H. Drenner, Ida M. Lambeth, Robert M. Lock­ 
205:  SEARCH DEPARTMENTS PERCENTAGES OF TEXAS MANUFACTURERS MARKET RESEARCH ACTIVITY  REPORTING  wood, Charles A. Pieper, Robert H. Ryan, Elizabeth R. Turpin, Joyzelle Wilke, Robert B. Williamson  
206:  PERCENTAGES  OF  FIRMS  DOING  SPECIFIC  TYPES  OF  Research Assistant: Samir Fahmy, Kim Gaynor, Jackson  
MARKETING  RESEARCH  Gilmore,  Dennis  Hiser,  Otis  Horton,  Miles  McDonald,  
206:  PERCENTAGE  DISTRIBUTION  OF  REPORTING  COMPANIES  Robert  Wood  
207:  RE\.ENl'E  RECEIPTS OF THE STATE COMPTROLLER  Administrative Secretary: Margaret F. Smith  
207:  ESTIMATES TEXAS  OF  NONAGRICULTURAL  EMPLOYMENT  IN  Senior Secretary: Diana Rausch  
208:  SECURITIES  REGISTRATIONS  IN  TEXAS  Senior  Clerk  Typist:  Patricia  Gable,  Claire  Howard,  
208:  SECURITIES  REGISTRATIONS  IN  TEXAS-BY  FISCAL  Carollin Smyth, Sharon Wheat  
209:  YEARS AND BY QUARTERS BUILDING CONSTRUCTION AUTHORIZED  IN  TEXAS  Cartographer : Lois Leonard, Mary Paxton  
209:  ESTIMATED  VALUES  OF  BUILDING  Al!THORIZED  IN  Library Assistant: Merle Danz  
TEXAS  Statistical  Assistant:  Mildred  Anderson,  Constance  
210:  RESIDENTIAL  BUILDING  AUTHORIZED  IN  TEXAS  Cooledge, Leila Moore  
210:  NONRESIDENTIAL  BUILDING  AUTHORIZED  IN  TEXAS  Statistical Technician: Doris Dismuke  
210:  Bt:ILDING  AUTHORIZED  IN  TEXAS-SELECTED CITIES  Clerical A.~.~istant: Pamela Binkley, Robert Jenkins, Ross  
211:  INDl!STRIAL  ELECTRIC  POWER  USE  IN  TEXAS  Kammlah  
211:  TEXAS  INDl'STRIAL  PRODl!CTION,  MINING  Offset  Press Operator:  Robert Dorsett, Daniel P. Rosas  
211:  TEXAS INDl'STRIAL PRODUCTION, TOTAL MANUFACTl'RES  
211:  RETAIL  SALES  TRENDS  BY  KINDS  OF  BUSINESS  The  Bureau  of  Business  Research  is  a  member of t~e  
212:  ESTIMATES  OF TOTAL  RETAIL  SALES  IN  TEXAS  Associated University Bureaus of Business and Economic  
212:  POSTAL  RECEIPTS-SELECTED  TEXAS  CITIES  Research.  

Published monthly by the Bure"u of Business Rese,.rch, College of Business Administration, The University of Texas, Austin, Texas • .1,.~11!; Second·class pm.tage paid at Austin. Texas. Content of this publicatbn is not copyrig-hted and may be reproduced freely. Acknowledgm 
source will be appreciated. Subscription, $~.00 a year: individual copies. 25 cents. 

THE BUSINESS SITUATION IN TEXAS by Franci B. May 


TEXAS BUSINESS ACTIVITY 


The seasonally adjusted index of Texas business activ­ity rose 3% in June to 168.2% of its average monthly value during the 1957-59 base period. This value of the index was 14.3% above its June 1964 level. A com­parison of the average value of the index for the first half of the year with its average for the first half of 1964 shows a 13% improvement. Most of this gain was achieved during the first quarter of this year. In both years the second-quarter average was only slightly higher than the first quarter. In 1964 the second quarter aver­aged only 2.3% above the first. This year the second quarter averaged 2.6% above the first. The big gain in business in the state was the 7.8% increase of the first quarter of this year over the final quarter of 1964. The index of Texas business activity reached an all-time peak of 171.0% in March, the last month of the first quarter. The national economy had a similar large up­
surge in the first quarter with a smaller second-quarter gain. 
..i une was the fifty-second month of this longest of all peacetime cyclical upswings. The second longest was the March 1933 to May 1937 upswing. l'nemployment in mid-1937 was 12.27< of the labor force. The upswing was not strong enough to restore unemployment to its 1929 low of 0.9'/r of the labor force. It was followed by the recession of May 1937 to June 1938. In brief, the 1933-37 upswing was a weak one, not to be compared favorably with the present lusty prosperity. 
Seasonally adjusted production of crude oil rose 2% in June to a value of 97.1 'lc of average monthly pro­duction during the 1957-59 base period. The June value of the index was 0.3'/r below June 1964. It is the highest value of the index during the first half of this year. The last time that the index was equal to 100% or more 

'55 '56 '57 '58 '5 
NOTE: Shaded ar eas indicate per iods of declme of total business activity in the United States. SOURCE: Based on bank debit s r epor ted by the Federal Reser ve Bank of Dallas and adjusted for seas onal var iation and changes in the price level by the Bureau of Business Research. 
AUGUST 1965 
SELECTED BAROMETERS OF TEXAS BUSINESS (Indexes-Adjusted for seasonal variation-1967-69= 100) 
Percent change 
Year-to­date Year-to-average date Jun 1966 1966 Jun Mayaverage from from 
Index 
1965 1966 1965 May 1965 1964 
TexRs business RC'tivity . .. 168.2° 168.9 164.6 + 8 + 18 Crude petroleum produetion .. 97.1 • 95,1 • 94.8 + 2 -1 Crude oil runs to stills . . . 119.2 113.7 118.9 + 5 •• Total electric power use. 169.o• 167.o• 166.9 + 1 + 5 Industrial electric power use . . . . 158.6" 150.9• 154.1 + 2 + 2 
Bank dehit. ... . 171.7 167.8 167.2 + 3 + 14 Miorellnneous frei11ht carlo~dings in S.W. district. 77.7 81.4 78.2 5 + Orllir.Rry life insunmre sRles. ... 172.2 167.4 160.7 + 3 + 7 Total retnil SAies . 136.8• 126.s• + 8 + 5 
Durahle-RO<>ds sales 162.5• 145.8• + 11 + 8 Nondurable-11oods sales 123.6• 116.5• + 6 + 2 lluildin11 ronstrurtion authorized. .148.6 116.8 125.0 + 27 2 New residential . .. . . . . . .. 123.3 100.7 104.8 + 2 -12 
Now nonresidential 188.4 139.5 147.8 + 35 + 6 Total industrial production. ...... 185.2• 134.4• 132.0 + 1 + 5 Total nonfRrm employment .... 116.4• 116.7° 116.0 •• + 4 Manufacturing employment 115.2• 114.8* 113.9 •• + 8 Total unemployment 84.D 80.2 88.5 + 6 Insured unemployment 80.9 81.5 84.1 -12 Average weekly eRrnings­
manufacturing 119.6• 121.6• 119.6 2 + 3 Avera11e weekly hours­
manufRrturing 101.4• 103.2• 102.l 2 •• 
•Preliminary. 
••Chan11e is less than one-half of 1o/o. 

was in February 1960, when it reached a value of 100.5%. The annual average of the index has been below 100% since 1957. In that year it averaged 108.9%. The lowest annual average since 1957 was 92.0% during 1960. The next two years both had annual averages of 92.2%. The index rose to an annual average of 95.8% last year. Its average value for the first six months of this year was 94.8%, which was 1% below the first half of 1964. If 1965 is to show progress over 1964 the progress will have to occur in the second half. 
Data published in the July issue of World Oil show that total United States production of crude rose 0.5% during the first five months of the year. Texas produc­tion declined 0.2%, and Louisiana production rose 4.2%. Total Louisiana production of 242.8 million barrels dur­ing this period was 20.6% of United States production of 1,178.5 million barrels. Texas production of 414.8 million barrels was 35.2% of the national total. In 1955 Texas produced 42.4% of total national production. Louisiana produced 10.9%. During this 1955-65 period Texas' share of domestic petroleum output has declined 7.27' · Louisiana's share has almost doubled to put it in second place among the oil-producing states. Texas is first, ~alifor~ia third. There are thirty oil-producing stat~, incl~ding Alaska. Combined Texas-Louisiana pro­duction during the January-May period of this year was 55.8r;. of the national total. 
A recent forecast estimates that Texas production of petrol.eum will in~r~ase steadily during the next ten years, reaching 4.16 m1lhon barrels a day in 1975. This will represent a 5or;. increase in total production in 1975 over 1965. Prorated wells will be producing at an estimated 46.7r;, of capacity in 1975 instead of the current rate 
of a fraction over 287< . 
Crude oil runs to stills rose 5 % in June after. seasonal factors were taken into account. The index was 2.4% above June of last year. Demand for gasoline was strong in June. It was 2.2% above last year's unusually strong demand. Kerosine demand was up 43.7% over June 1964. Jet-engined aircraft are major users of kerosine. 
At the end of June stocks of gasoline were only 0.1% above their year-ago levels. Total stocks of refined prod­ucts were 3.5% below their June 30, 1964, levels. Stocb of crude oil were up 1.4%. Supply was in line with demand. 
Total electric power use rose 1% in June after 118&· sonal adjustment. At 169.0% of average monthly use during the 1957-59 base period, the index was 8.9% below its June 1964 level. Consumption for the first half of the year was 5% above the comparable 1964 period. Much of this increase in total power consumption during the first half was due to increased domestic and commercial use. Industrial power consumption rose 2% during this period, contributing less than half of the 5% total increase. 
Seasonally adjusted sales of ordinary life insurance rose 3% in June to 172.2% of average monthly sales dur­ing 1957-59. This was a new peak for the index over ita previous high of 171.6%, reached in November 1964. The new peak was 0.3% above the old. It capped a strong rise in sales during the first half that averaged 7% above the like 1964 period. 
Life insurance is a major industry in Texas. In 1963 there was a total of $35.8 billion in force on the livee of Texans. Of this total $21.3 billion was ordinary life insurance. The next largest category was group insurance with $10.0 billion in effect. Group insurance is purchased by companies to cover all company employees as a group. A total of $4.0 billion of ordinary life insurance wu purchased by Texans in 1963. In that year $171.9 million was paid as death benefits in the state. 
Insurance companies are substantial investors. In 1962 they held $4.7 billion of mortgages on real property in Texas. 
In 1963 there were 261 life insurance companies domi­ciled in the state. This was 17.4% of the 1,508 life insurance companies in the United States. Since the end of World War II there has been a rapid increase in the number of life insurance companies domiciled in the United States. At the end of 1945 there were 473 life companies in operation. Growth of population and in· creasing family income have aided the growth of the industry. Inflation is a factor also, increasing the amount 
TEXAS INDUSTRIAL PRODUCTIO • 
=,.,----,-"-'IOEco.X-OJ~u~'-""'-'0N:r•:!...:,;";;";;,:""'10::.:,-•__;,·10::.:0•,---,~200
N_,,,r•:!Cs r;o;'°r-'"'0''r''"'I N,.l:..:•>.:..:7::.;l•>r­
200~., ~ ~ m 
~« ~~ ~ 

of insurance required to meet the needs of beneficiaries. 
Total retail sales increased 8% in June after seasonal adjustment. Average sales for the first half of the year rose 5% over the comparable 1964 period. Sales of dur­able goods rose 11% in June after seasonal adjustment. Nondurables sales rose 6% in June. Most of the 5% in­crease in total sales for the first half was due to strong sales of consumer durables which were up 8% over the t\rst six months of 1964. Sales of consumer nondurable goods for the first six months were 2% above the com­parable period of 1964. 
Total retail sales in the United States declined in June 
a scant 0.35% after seasonal adjustment, ·reversing a 
two-month rise. They were 7% above June 1964 sales. 
Sales of durable goods fell less than one-half of 1% . 
They were 10% above June 1964. Nondurable sales de­
clined 0.34% in June. They were 6% above June 1964. 
Declines in sales by building material, hardware, and 
farm equipment dealers caused the slight drop-off in sales 
of durables. Declines in sales of general merchandise 
stores accounted for the softness in sales of consumer 
nondurables. Automobile sales continued strong. A high 
level of retail sales reflects high consumer incomes. Total 
personal income in the United States in June rose to a 
eeasonally adjusted annual rate of $523.9 billion, up 
0.75% over May. Personal income was up 7.1% over 
June 1964. Total personal income has risen every month 
for the past eighteen months, generating a high level 
of consumer confidence and a concomitant willingness 
to spend. 
Total urban building permits issued in June were up 
27% over May. They declined 13% in May. Such wide 
NONAGRICULTURAL EMPLOYMENT IN TEXAS 
SELECTED LABOR MARKET AREAS 
Anticipated 
June• May• June** AugustLabor market area 1966 1965 1964 1965 
Abilene  . . ... . ....  86,985  36,680  86,486  35,930  
Amarillo  .... . ... . .  64,720  64,930  64,235  64,800  
Autin  ... .. ....  94,686  95,810  90,930  92,980  
Beaamont-Port Arthur- 
Oranse  ' .. .... .. ...  110,060  110,460  111,680  111,030  
Brownavlll•Harlinsen- 
San  Benito  86,100  86,660  36,180  36,270  
Corpu  Christi  77,610  76,760  74,220  77,920  
Dallu  ... .. . ' .. .. ...  530,970  527,090  612,730  534,180  
El  Puo  ..  95,100  94,750  92,400  96,900  
Fort  Worth  237,600  237,000  233,600  237,900  
a.JYesion-Texu  City  66,070  65,556  55,786  66,030  
H0118ton  ..  691,200  691,700  578,800  594,700  
Laredo  20,310  20,480  19,686  20, 176  
Lonirvlew-Kllaore- 
Gladewater  81,280  31,860  29.280  31,615  
Labbock  ... ... . .' ... . . . .  68,285  58,490  67,350  68,316  
MeAllen  ··· · ·· · ··· · ·  43,060  42,990  42,810  41.340  
Mlclland-Odeua  .. . ... ....  66,366  66,085  56,655  66,945  
San Anaelo  .. . . .  20,725  20,546  Hl,940  21,210  
San  Antonio  230,146  230,030  225,995  230,475  
Texarkana  . . . . . ... . ....  32,120  82,265  32,330  32,185  
T1ler  ·· ····· ···· · · · ···  32,970  32,735  32,200  32,940  
Waeo  . . . . . . . . . . . .  62,940  63,200  51,955  53,080  
Wlehlta Falla  46,496  46,045  46,646  46,685  
Total. labor market-···· ······ ·  . . 2,648,676  2,638,460  2,490,740  2,652,605  
Total,  Texas  .. 8,465,800  3,440,900  8,350,900  3,466,400  

Soaree: Texas Employment Commi11ion. 
•PrellmJnary.
••Jteriled. AUGUST 1965 
BUSINESS ACTIVITY INDEXES FOR 20 SELECTED TEXAS CITIES 
(Adjusted for seasonal variation-1967-69= 100) 
Percent chRnire  
City  June• 19&6  MRY 1966  YeRr-to­date average 1965  June 1966 from MRY 1965  YeRr-to­date Rveratre 1966 from 1964  

Abilene  130.2  131.7  184.9  - 1  + 6  
Amarillo  . . 163.0  163.2  169.0  + 6  + 11  
Austin  .... . . 192.6  174.6  174.6  + 10  + 6  
Beaumont  . . 160.3  158.2  167.0  + 6  + 14  
Corpus Christi  .. .. 129.3  127.3  129.2  + 2  + 7  
Corsicana  . 116.5  121.4  126.0  + ' 
Dallas  .. 197.7  186.7  190.9  + 6  + 23  
El Paso  . . 121.4  130.8  124.8  7  + s  
Fort  Worth  .. 130.0  122.2  126.6  + 6  + 8  
Galveston  . ... . 121.0  113.4  112.7  + 7  + 2  
Houston  . . . . 172.6  163.0  169.2  + 6  + 11  
Laredo Lubbock  ... 166.9 ... 167.9  154.2 157.2  165.6 169.8  + 8 ••  + 12  
Port· Arthur  . . 100.2  101.2  108.0  1  + 1  
San  Angelo  ...... 134.6  130.6  129.6  + 8  + 4  
San  Antonio  149.1  145.9  148.4  + 2  + 8  
Texarkana Tyler  . . . 146.2 134.6  151.0 134.7  161.4 138.8  s ••  4 + 7  
Waco  184.6  132.6  139.1  + 1  + 4  
V{ichita  Falls  131.7  121.6  180.1  + 8  + 2  

..Change is less than one-half of 1%. 
*Preliminary. 
Source: Based on bank debits reported by the Federal Reserve Bank of Dallas and adjusted for seasonal variation and changes in the price level by the Bureau of Business Research. 
swings are characteristic of this index and similar na­tional indexes due in part to the fact that building permits are frequently issued in very large amounts. Permits for both residential and nonresidential construc­tion rose in June. Nonresidential permits were up more with a 35o/r rise. Residential permits were up 22%. 
A comparison of permits issued during the first half of this year with those issued during the first half of 1964 shows that a 6% increase in nonresidential permits was more than offset by a 12% decline in residential, causing a 2% decline in the overall index. Declines in permits issued for both single-family dwellings and apartments during the first half brought about the drop in residential permits. A 47% rise in permits issued for office-bank buildings was partially offset by declines in other nonresidential categories in the first half. 
Inspection of the seasonally adjusted indexes of busi­ness activity for twenty Texas cities shows that thirteen of them had increases in activity in June. Two had no change. Five experienced declines. Since the monthly values of these indexes are subject to unusually wide erratic swings from time to time, the cumulative data show a more stable picture. During the first six months of the year, eighteen cities experienced increases. Lub­bock and Texarkana had declines . 
The economies of the state and nation continue to enjoy a high level of prosperity. Expansion is fueled in part by an old-fashioned boom in investment in new plant and equipment. A recent survey indicates that ac­tual in~stment may exceed the earlier estimate of $50.4 billion for the year. This figure represents a 12.2% in­crease over the 1964 record of $44.9 billion. There is at present nothing to dim the prospects of continued pros­perity during the last half of this year. 
Are Texas manufacturers adequately utilizing a tool many of their competitors have found valuable? 
MARKETING RESEARCH FOR INDUSTRIAL GROWTH by William P. Dommermuth"' 
The purpose of this article is to evaluate the use of marketing research by Texas manufacturers in relation­ship to their competitors across the nation. Are Texas. firms taking full advantage of the research techniques available today to cut marketing costs and improve marketing effectiveness? 
In a business environment where the marketing job steadily grows more complex and difficult, the nation's manufacturers are placing increasing reliance upon mar­keting research to assist them in all aspects of their marketing programs. A study conducted by the Ameri­can Marketing Association showed that, among the com­panies reporting, manufacturers of consumer goods in­creased their marketing research budgets by an average of 89% between 1956 and 1962 while manufacturers of industrial goods showed an average 44% increase over the same period.•• 
For the fast-growing industrial giants of the nation marketing analysis has been credited with providing ex­tremely valuable guidance in the promotion and distribu­tion of existing products, as well as in developing and planning selling strategy for new products. 
The Ford Motor Company, for example, began market 
studies in the early 1960's which led to the development 
of the Mustang and estimates that it will conduct 250 
to 300 consumer studies this year involving interviews 
with more than 150,000 people. 
It is estimated that Proctor & Gamble spends about $1 
million a year for research on marketing activities with 
a staff of some one hundred interviewers and field super­
visors who question some 500,000 housewives annually. 
Du Pont, which spent $40,000 to evaluate the effective­ness of its advertising program in 1956, had raised this amount to $700,000 by 1963. 
This growth of activity in the marketing research field is good evidence that money spent on marketing analysis is a sound investment-one which can pay handsome dividends. 
Figure 1 compares Texas firms with companies of simi­lar size and type throughout the country, in terms of the pe~entage of firms which have formally organized marketmg research departments. As is evident from this chart•. the likelihood that a firm will have a formally organized department increases as the size of the firm increa~s. Since most of the firms replying to the survey ?1~e m Texas were in the lower sales volume ranges, it is understandable that research activity among these firms would be relatively low. However, Texas firms in every c!ass, for which an adequate measurement could be obta~ned, ranked below competitors in other parts of the nation. In the $5-to $25-million volume range for example, the percentage of Texas firms with mark~ting 
•A.,.iatant Professor of Marketing Adm· . t t' 
of Texas. 	mis ra ion. The University 
••:~;~.:~;::: ~::::ti~~-~•~ci!~::'.Y i°ir.a~."rketino Re•mclt (Chi­
research departments is less than half the national per­centage among manufacturers of both industrial and consumer products. 
There is evidence that many firms in the state recor· nize the usefulness of marketing research in aclrlevinr sales growth, even when they have no formally organhed research department. As illustrated in Figure 2, m&117 Texas manufacturers without formal departments asaign market research responsibilities to an employee or inde­pendent consultant. The use of outside consultants is espe­cially high among industrial goods producers in the f26­to $50-million sales range and among consumer goodl producers in the $5-to $25-million sales range. 
The fact remains that among the small manufacturen -those with sales under $5 million-more than two-thirds do no marketing research at all. Even in the $5-to f26­million range where about 40% of the firms acroaa the nation had formally organized research departments, onlJ about half the Texas manufacturers of industrial prod­ucts have any research activity while only about two. thirds of the consumer-goods producers undertake neh activity. While no data comparable to that shown in Figure 2 are available for companies in other parts of the United States, it might be expected that, since theae companies were shown to be more active in terms of formal departments, they would also be more active in their use of company personnel and outside consultant& 
In short, the facts outlined in Figures 1 and 2 llUf· gest that while a large number of Texas manufacturers 
FIGURE 1 
PERCENT FREQUENCY OP FORMAL MAJlKBTING 
RESEARCH DEPARTMENTS 
(By Company Type and Sise) 
~~LLi6~~ M ANUF ACTURERS OF MANUFACTURERS OF OF INDUSTRIAL PRODUCTS CONSUMER PRODU CTS 
DOLLARS 
Base 
Under 
67 
5 
76 

166 4'3% •0% 
25 

5 lo 
•2 19% 
25 to 

80 61% 	70% 
9 3% 50 to 
50 
79%
9• 0% 
100 100 lo 
90% 200 
200 to 
•2 1% 39 
84%
38 95% 32 
500 
95,, 500 
Over 
31 9.4% 19 
~Texas firms in th is survey 
-National firms in AMA survey 

• 	No percentage 1'1own for Texas firms becouu lus than five repl ied in this soles volume category. 
PJGURB Z 
PBJtCBNT.AGB8 OP TEXAS llA~UPACTURERS REPORTING 
llilKET RESEARCH ACTIVITY 
(By Company Type and Sise) 

. 
2.5 .. so i=~a_______....lWJ.U.W.WW.1W.IJ'1llWR .,... 
MANUFACTUR ERS O F CONSUMER PRODUCTS 

are aware of the benefits which can be gained from utiliz­ing modern marketing analysis techniques, they a:e gen­erally less active than their out-of-state competitors. 
The term "marketing research" covers a wide variety of activities. As outlined in Table 1, these include measur­ing advertising effectiveness, analyzing consu~e.r a~ti­tudea toward new and existing products, obtammg in­formation about market potentials and characteristics, determining the effectiveness of sales techniques and distribution channels, forecasting economic and business trends studying physical distribution problems, and sur­veyin~ possibilities of growth potential through diversi­fication and acquisitions. 
Examination of Table 1 highlights the areas in which 
Texas firms are especially lacking. 

Under each of the two headings, "Manufacturers of Industrial Products" and "Manufacturers of Consumer Products," the figures in the first column show the per­centages of firms in the national study with formal de­partments which reported doing the particular type of reaearch indicated. The second column shows the percent­ages of firms in the same study without formal research departments which reported these activities. The third column shows the percentage of Texas firms reporting activity in each of the designated areas. It is to be noted that Texas manufacturers are lowest in every instance except motivation research. While the use of motivation research was generally low among all firms 
(except national consumer-goods producers with formal research departments), Texas companies are apparently relatively active in this area, at least when compared with companies which possess no organized research departments. 
In all other areas of research Texas companies are leu active than firms in other parts of the country, even if only non-Texas firms without formal departments, or those which generally show the least activity in re­aearch, are considered. If the Texas figures were com­pared with the percentages shown in the first column­for national firms with formal departments-the ratios would obviously be much lower. 
For Texas manufacturers of industrial products the only areas, aside from motivation research, in which the ratio of activity is fairly close to that of firms in other parta of the country are those of short-range forecasting and product testing. 
AUGYST 1986 
SURVEY METHODS OF THE NATIONAL 
STUDY AND THE TEXAS STUDY 

The national study on marketing researcht wal; 
conducted under the auspices of the American Mar­
keting Association with questionnaires mailed dur­
ing April 1963 to 3,490 firms with employees who 
were members of the association. Forty-eight per­
cent of these questionnaires were returned and use­
able, giving the association a total sampling of 
1,660 replies. These included replies from retailers, 
wholesalers, publishers, broadcasters, advertising 
agencies, and independent marketing research firms, 
as well as from manufacturers of consumer and in­
dustrial products. The data taken from the AMA 

survey for inclusion in this report are only the data 
received from manufacturers. A total of 318 manu­
facturers of consumer products and 530 manufac­
turers of industrial products were included in the 
AMA study. 

While the questionnaire used in the Texas study 
was largely patterned on that employed by the 
American Marketing Association, the association's 
questionnaire and report covered a number of sub­
jects which were not investigated in the Texas 
study, such as compensation of research personnel 
and the place of the marketing research division 
within the organizational structure of the various 
firms. 

Questionnaires for the Texas study were mailed 
in April 1965 to 589 manufacturers, with headquar­
ters and plants in Texas, whose market territories 
were national or at least regional in character. 
Firms whose business was confined only to Texas 
were not included, nor were companies included if 
they were headquartered outside the state, even 
though they might have manufacturing facilities 
within Texas. 

Usable replies were received from 306 compani~s in response to the original and one follow-up mail­ing, for a completion ratio of 52%. or these, 134 were from manufacturers of industrial products and 172 from manufacturers of consumer products. 
Because of the nature of the firms to which ques­tionnaires were sent, the Texas study is more heavily weighted toward small manufacturers. This fact must be borne in mind in making comparisons between the two surveys. The percentage distribu­tions of reporting companies by size and type, for the two studies, are compared in Table 2. 
tDik Warren Twedt (ed.), A Surve11 of Markdiftg Re•ear<I• (Chicago: Ameriean Ma rketing As.~iation. 1963) · 
The comparative percentages for Texas manufacturers 
of consumer products are somewhat more favorable. 
Howe\'er, they show definite weaknesses in research. on 
advertising, copy and media, business trends, pac~agmg, physical design, and development of market potentials: They show what might be regarded as very senous weaknesses in terms of analysis of market shares and 
TABLE 1 
PERCENTAGES OF FIRMS DOING SPECIFIC TYPES OF MARKETING RESEARCH 

Manufacturers of Industrial Products  Manufaeturen of Conaumet' Prochieta  
Type or Research Activity  Percent of firms in national study --------Percentof With formal depte. Without formal depts. firms in Texas study  Percent offirms in national study ------­Pel'Ollltot With Without ft11111 la formal formal T­depta. dept&. 1t11117  

ADVERTISING RESEARCH  
Motivation research Copy rese11rch Media research  60 66 41  17 25 so  18 13 20  17 87 58  5 14 24  10•1'  
BUSINESS ECONOMICS AND CORPORATE RESEARCH Short-ranl!" forecasting (up to 1 year) .  94  45  89  92  68  ..  
Long-range forecasting  (over  l  year) .  88  41  33  91  48  " 
Studies  or  business  trends ..  81  37  28  90  47  IO  
Profit and/or  value analysis.  88  39  31  88  44  aa  
Plant  and  warehouse  location  studies.  79  32  26  76  86  18  
Diversification  studies  82  31  24  84  46  27  
Purchase of companies,  sales divisions .  78  32  17  81  86  18  
PRODUCT RESEARCH  
New produ<-t RC<'eptance and Competitive product studies  potential  94 95  44 44  32 41  92 92  65 54  84..  
Product testing  93  43  34  81  46  " 
Pft..('kaging  reseRrch  design  or  physical  characteristics .  84  41  22  59  S2  9  
SALES AND MARKET RESEARCH  
Development of  market  potentials.  95  43  25  94  67  81  
Market share analysis.  95  47  22  94  62  II  
Determination  of  market  characteristics .  94  42  13  92  60  10  
Sales analyses  95  48  44  94  57  28  
Establishment of sales  quotas.  territories . . . . . . . . . . .  . . .. . . .. . . . . . . . .. . .. .. . . . .  94  45  84  90  60  28  
Distribution  channels and  cost studies .  88  40  19  80  44  18  
Test  markets,  store  audits .  83  34  13  86  12  2  
Consumer  panel operations.  70  24  8  21  4  
Sales  compensation  studies  81  39  11  78  86  10  
Studies of  premiums, coupons, sampling. deals .  66  23  16  20  9  1  
Sample  Sizes  . . .... . ... . .. .. .  196  122  172  309  221  m  

characteristics, study of distribution channels, test mar­keting, store audits, the use of consumer panels, and sales compensation studies. 
In summary, the major finding of this survey is that most Texas firms are making relatively little use of mar­keting research. As was observed at the beginning of this report, the increasing reliance upon marketing re­search and the increasing investment being made in the field by the large and fast-growing companies in the nation suggests that money allocation to research activi­ties is an investment which can pay handsome dividends. 
Of course research activity is valuable as a supple­ment to, rather than a substitute for, a competent man­agement group within the company itself; furthermore, 
TABLE 2 
PERCENTAGE DISTRIBUTION OF REPORTING COMPANIES 
MRnufacturers of Manufacturers of Consumer Products Industrial Products
Annual Mies I millions of dollars) AMA Study Texas Study AMA Study 
Texas Study Under 
13 65 13 
56;,_ 25 23 24 32 31
?" 16 5
...)-!iO 
16 7;;o. 100 18 4 18 2100 -200 
13 1 8 
2
200. 500 
10 7 2500 -over 6 6
Sale• not reported 100 100 100 100 
the value of research is in direct relation to the com· petence of the people who design, execute, and interpret the studies. The incompetent researcher, like the incom· petent in any other profession, can produce advice which is more harmful than helpful. The firm whieh wishes to reap the full benefit from its research invest­ment must recognize this and select researchers, whether they be company employees or outside consultants, who are informed in sound techniques of marketing analysis and capable of employing those techniques effectively. 
With  these  qualifications  met,  most  businesses of even  
moderate  size  can  profit from  the employment of mar­ 
keting research.  

It remains true that, even though the actions of lead· ing industrial firms suggest the soundness of invest­ment in marketing research, allocation of funds to sueh activities represents investment in an intangible. In· vestment in marketing research, technical research, sales training activities, or advertising or any other intangible typically requires a bolder business attitude than does investment in tangible items such as buildings, machinery, and raw materials. It is nonetheless true that the capable businessman can use such a bold approach with great success. 
When Thomas J. Watson, Sr., assumed the manaae­ment of IBM in 1914, it was a firm with less than four hundred employees. Acting on the assumption that edu· cation, research, and engineering would insure the com· pany's growth, one of Mr. Watson's early moves wa1 to 
TEXAS BUSINESS REVIEW 
borrow $40,000 from a New York bank. He used $25,000 conduct of research operations by joint sponsorship of 
of that sum to invest in an engineering laboratory and continuing studies under the direction of outside con­
the remaining $15,000 to invest in a sales training pro­sultants. 
gram. Succeeding events have justified his original The lag in the use of research by locally based firms, 
888UJJ1ption. in the face of the increasing emphasis being placed upon 

There is, perhaps, some irony in the fact that smaller such activities by other maunfacturers, suggests that industrial firms with growth ambitions and growth po­this is a problem which must be faced seriously by Texas tential which could be substantially assisted by research manufacturers if they are to hold their position in the 
activities are least able to invest sums of money adequate marketplace. to obtain competent research help. To some extent they can benefit from the published research available from governmental agencies and advertising media. These ESTIMATES OP NONAGRICULTURAL EllPLOTIIENT JN TEXAS aources, however, are typically not of benefit in those 
Employment Percent change
areas where Texas firms were found to be most seriously 
( thoU1Bnda) deficient. Jun 1965 Jun 1966 
Jun• from from
Research on specific advertising techniques, package Industry 1966 May 1965 Jun 1H4 and product design, and the use of test markets or con­
TOTAL NONAGRICULTURAL .. 2,894.8 •• + 
sumer ·panel operations-as examples-require studies 
MANUFACTURING . ..2.562.2 + s
+
tailored to the specific needs of the company. For many 
Durable goods 285.7 + 2 + 6firms which are unable to afford a formal research de­Ordnance 4.8 •• -11 partment or even a full-time person assigned to the re­Wood products 18.9 + I 1 Furniture and fixtures 12.2 + 2 + •
aearch function, the use of competent independent con­
Stone, clay, and glllSll 26.4 .. a
sultants to handle specific assignments of importance may 
Primary metal 29.7 + 1 + •provide an adequate alternative, and in fact the data Fabricated metal 38.3 + 2 + • shown in Figure 2 suggest that a number of Texas manu­Machinery (except electrical) 60.5 + 2 + 9 Electrical equipment and
facturers are using this alternative. It is also possible 
machinery 	36.6 + + 18
that effective research could be carried out at greatly 
Transportation equipment 56.3 + 2reduced costs if manufacturers of complementary but non­Other durable goods 12.0 + 2 + a 
competitive products were to cooperate in sponsoring Nondurable goods 276.5 + I 
+ ..
studies carried out by independent consultants. For ex­Food 	80.2 + 2 
Textile mill products . 6.9 + ••
ample, manufacturers of different varieties of grocery 
Apparel 	45.2 + + 6
products might attain certain economies of scale in the 
Paper products 11.9 + 2 + 2 Printing and publishing. 33.4 I + 4 
•BVBNUB 	RBCBJPTS OP TBB STATE COMPTROLLER Chemical and allied products 52.5 + + s Petroleum products 85.5 + a 
September 1-June 30 Leather products 2.8 .. + 4 Other nondurable goods. 8.1 + + a 
Percent 1966 1964 change NONMANUFACTURING .2.382.6 .. + 4 TOTAL . $1,645,002,683 $1,405,551,809 + 10 
Mining 118.6 + 2 1 Petroleum and natural gas . 107.2 + 2 1 Metal, coal, and other mining. 6.4 •• 2 Ad w.lorem, Inheritance and 
poll taxea ... 62,298.923 59.943,996 + Nataral and caalnghead gas 
Contract construction 194.4 + 4 + 6 
pl'Oduetlon taxee 60,522,094 56,164.495 + 8 Transportation and utilities 219.5 + 1 •• CIWle oil production taxee . 105.612,420 106,473,315 •• Interstate railroads 34.l + -a Otber groa recelpta and Other transportation 102.7 + •• 
production taxee 24,129.433 23,330,644 + 
Telephone and telegraph . 41.0 •• + 2 
Public utilities 41.7 + s + 2IllRrance companlee and other 
Government 501.7 -s + a llotor fuel taxee (net) . 187,124.160 178.126,088 + 5 Federal government 187.J +
oeeupatlon taxee ... 39,026,131 37,834,980 + 3 718.9 + .. + 4
Trade
Limited aalee, exclae and Wholesale trade 205.0 + 4 -taxee .. . . . 164,237,802 150,656,509 + 9 
+ .. + 
6
Retail trade 513.9 Aleohollc beverage taxee and Buildinl{ materials-hardware 35.0 + 2 •• General merchandise 100.9 
Cl1&rette tax and llcenaea. 89,082,016 80,760.869 + JO 
.. + 10
l!eeuee 	37,984,976 35,296,714 + 8 
Food 	79.4 + a
A-.,_bile and other aalee Automotive stores 86. 7 + 1 + 4
tuea ... 	39,206,400 36,716,028 + 7 
Apparel stores 32.0 -1 + 2
AD lken-and fees .. 48,466,361 45,186,909 + 7 P'ranelil1e taxee ..... . .. 61,485,865 58,511,808 12 Other retail stores 179.9 •• + 4 111-.J leaaea, land 1&les, 
Financ~. insuranre, and reAI est.at~ 154.3 + 2 + s Bank and trust companies. 37.2 + 1 + I
nntahl, and bonuaea . 86,672,454 21 ,631.305 +sot Oil aad gaa royaltiee. 28,367,652 24,724,951 + 15 
InsurRnce 66.1 + 2 + a Real estate and finance . 51.0 + 2 + 6
Inten.t earned 44,313,107 40.439,681 + JO Servire and miS<"ellaneous 430.2 + + 6
Unduoifted ~lpta 102,135,837 95,507,758 + 7 
Otlaer 	Hotel and lods<inlf places 34.5 + 8 +
mi.cetlanieoua revenue. 8,339,255 9,461,617 -12 <•Federal aid for hhrhways..... 172,582,184 156,059,007 + 11 
Laundries and deaners . 37 .6 + 
+ 6
Other servi<"e 358.1 +
Fedenl aid for public welfare. 146,794,431 145,300, 794 + 
Otlaer fede111l Rid ...... 41,469,286 40,662,331 + 2 
•Preliminary.
DoaalioM and irranta . 5,151,896 3,757,010 + 37 
••Ch:rnl{e is less than one-half of Vil. 
Source: Texas Employment CommiMion in t'OOperntion with the
&a.n!e: State Comptroller of Public Accounts. 
•-a.a.,. la lea than one-half of lo/c. 

Bureau of Labor Statistics. U. S. Department of Labor. 
AUGUST 1965 
SECURITIES REGISTRATIONS IN TEXAS 
THIRD QUARTER, FISCAL YEAR 1964-65 

by Ernest W. Walker• 
The demand for securities during the third quarter has continued to be vigorous and it now appears that the dol­lar volume of securities registered for sale in this fiscal year will equal, if not exceed, the volume approved for sale in 1961, the year in which the greatest amount of securities was registered by the Securities Commissioner. This is borne out by several facts. First, the volume of securities authorized for sale through the third quarter of 1964-1965 is running some $55.5 million or 33.4% ahead of the volume approved during the same period in 1960-1961. While the third-quarter data do not re­flect the attitudes that businessmen may have regarding the market after it topped out May 14, it is believed that the volume of securities authorized for sale during the fourth quarter will continue the upward movement which started in fiscal year 1963-1964. Second, it may also be observed that the volume of securities registered and approved by the Commissioner during the third quarter was the highest of any quarter during the past two fiscal years. Finally, the total volume of all types of securities registered during the first three quarters of 1964-1965 increased substantially when compared with the same period in 1963-1964. 
It was pointed out above that the Securities Com­missioner registered more securities during the third quarter of this year than in any other quarter during the past two fiscal years. For example, the total dollar volume authorized amounted to $85.4 million, an increase of $16.1 million or 23.2% over the second quarter of 1964-1965. It is interesting to note that while "Mutual Investment Companies" accounted for the growth in se­curiti~~ authorized for sale during the second quarter, sec~r1t1es registered by "Texas Companies" and "Other C~mpanies" were responsible for the growth during the third quarter. Securities of "Mutual Investment Com­panie~''. fell 1?.9'/r below their second-quarter high, while securities registered by "Texas Companies" and "Other 
• Professor of Finance, The University of Texas. 
Companies" increased by 60.9% and 133.8% 1'98pec. tively. It is emphasized, however, that despi~ a '61· million decline in the quarter just ended, securities ~­istered by "Mutual Investment Companies" were still some $9.4 million or 29% higher than in the like period for the preceding year. 
It was also pointed out above that the total volume of securities registered for sale during the first three qua.rter~ greatly exceeded that registered during a lib period m 1963-1964. For example, securities reg!Btertd by all companies amounted to $220.9 million, an increue of $81.8 million or 58.8% over the first nine montha of fiscal year 1964. Incidentally, this is the largest vo). ume of securities ever approved for sale by the Securitlee Commissioner in a nine-month period. 
SECURITIES REGISTRATIONS IN TEXAS 
BY FISCAL YEARS BY QUARTERS 

M1lloon1 o! do11., 1 170 
,. 
t-----,,._...._____,,,,'-----' ,. 
/..,. ........ ___... 

,,
t--------------<oo 

1963-1904 1go4.1Q&S --Or igirial reglatrallons -Rer"lawal registrations • 
Data pertaining to renewals which are included in the table below are both interesting and revealing. While renewals increased during the first three quarters of 1964-1965, they did not increase nearly as rapidly u did the total volume of securities registered by all com· panies; e.g., renewals increased 4.7% but securitiea ap­proved for sale for the first time increased 68.8%. Aa a general rule renewals will decline relatively in an active securities market but increase in an inactive mll'bt. Therefore, it would appear that the factors which favor an active market are present in the Texas economy. 
SECURITIES REGISTRATIONS IN TEXAS (By fiscal years-thousands of dollars) 
Pereeatellult 1964-65 
1963-64 Sept 19N·llv,_ 1111 Second quarter Third quarter 
Second quarter Third quarter Sept 19ea.Kar 1H4 Number Amount Number Amount Number Amount Number Amount Number AillGllilt 
St"<"Urititts rt•R'il!ltrH.tions: 
OriRinH.I a11li<"nlions: 
Mutual investm('nt <"ornpnnies . 25 

$46,845 29 $41,744 64.6
19 $25,455 25 $82,888 28.7
All other C'OrfJOrRte securities: 
Tt>XR!i c-om1mnit·~ 

10 12,192 17 19,621 10 6,839 26,058 2S.7 60.6
15Other <"Ompnnit>s . 36 10,294 64 68.6
24,067 31 10,944 45 9,660 8.2 Total• 
. .. . 71 $69,331 110 $80,432 60 $43,238 15.l 68.8
85 $68,061 
MutuHI invt.'slmcnt compRniE-8 

KeR'i Klrntiong renewt"<I: .. n 15,o44 41 20,073 34 .. 4.9
16,145 40 16,989Other c-orporttle securities 
3 6!10 
8 3,803 8 1,976 14 8,284 -40.0 2.4 Totals 
3;; $16,234 49 4.7
$23,876 42 $18,121 64 $19,278 4.1 
''ChanR'e is le-. than one-half of l')I. 

208 
TEXAS BUILDING AUTHORIZED JUNE AND FIRST-HALF 1965 by John R. Stockton 
Total construction authorized in Texas rose sharply in Jpe to continue the see-saw pattern that has been eharacteristic of the past three months. The seasonally adjusted index compiled by the Bureau of Business Re­.arch rose in June to its highest level since November 196', 148.6% of the 1957-59 base. After holding at a ftl')' low level for the first three months of the year, the index rose sharply in April, only to lose all of the pin in the following month. The rise in June was even atronger than in April. 
With only a few exceptions, all types of construction lhared in the June rise in buildings authorized. All per­centage changes for individual types of business are un­adjusted for seasonal variation, but they indicate how widespread the improvement in building actually was. Total·residential construction authorized rose 15% over May, while total nonresidential construction was up 124%. Weakness in residential building appeared in two-, three-, and four-family dwellings, but single-family dwell­iq units were up 15%. 
13 ILDI NC CO STR UCTI01 AUTHOR IZED IN TEXAS 

o~~ ~~ ~iY3 
~4L'~5~5~'56...L'~57~~' 0;:,a~l '6~63,-L~.6~4...L6~5~·0
19~5~~.5~8....L.~59,-L~.6~'6-.L.,2...L'7' 
NOTE: Sh•d•d ar e•• n1d1cate pen0<h of decline of 1oul bua1ne•• ACllv11y in the United State•. 
Among nonresidential building categories, declines from May were relatively few, with only commercial garages, works and utilities, and a small miscellaneous category registering totals below the previous month. Hospitals and other institutional building authorizations were near­ly three times their May level, after lagging considerably behind the same period last year for five months. Churches, amusement buildings, office and bank buildings, stores, and educational buildings also registered strong gains in June. 
Up until June construction had been one of the weak­est spots in the business situation in Texas, and al­though it is still too early to be certain that a reversal of this trend is assured, the record for June is en­couraging. It is important to remember that the statis­tical series based on building authorized is very erratic, showing sharp changes from month to month. This is inherent in any series of data dominated by a relatively few large projects, but the consistency of the gains in 10 many types of construction lends encouragement to the view that June represented an upturn in this seg­ment of the economy. 
In spite of the substantial increase in building author­ized in June, there is still question as to prospects for 
ESTIMATED VALUES OF BUILDING AUTHORIZED IN TEXAS 
Perc•nt ~hanire 
Jan-Jun 
Jun Jan-Jun 1966 1965 1965 Jun 1965 from from Jan-Jun
CIRssiftcation (thouSRnds of dollRr•)May 1965 1964 
ALL PERMITS .... . 163,626 795,932 + SS 2 New construction . . 144,597 690,536 34
+ -6 Residential (housekeeping) 71,848 387,112 + 15 -12 One-family dwellings . 53,857 307,155 + 15 -s Multiple-family dwellings 17,991 79,957 + 16 -S6 Nonresidential buildings 72,749 303,424 + 59 + 7 Nonhousekeeping buildings (residential) 3,063 13,896 +124 -27 Amusement buildings 2,345 5,538 +l.42S 51
-Churches 4,019 18,373 + 87 -19 Industrial buildings 5,081 29,923 •• + 1 Garages (commercial and private) 602 3,344 + 8 14
-Service stations 1,892 8,853 + 1 + 7 Hospitals and institutions 14,212 28,207 +280 2 Office-bank buildings . 7,918 45.412 + 87 + 47 Works and utilities.. 1,515 10,884 -35 + 87 Educational buildings . 17,664 76,1 57 + 35 + 42 Store and mercantile buildings 13,232 54,720 + 49 -9 Other buildings and structures 1,206 8,117 -47 -18 Additions, alterations, and repairs 19,029 105,396 + 26 + 18 
METROPOLITAN vs. NONMETROPOLITANt Total metropolitan 131,043 646,136 + 33 5 
Central cities ... ...... . 103,420 497.708 + 35 6 Outside central cities . 27,623 148,428 + 25 4 Total nonmetropolitan 32,o83 149,796 + 32 + 11 
10,000 to 50,000 population IR,763 82,263 + 42 + 10 Less than 10,000 population 13,820 67,533 + 20 + 12 
t As defined in 1960 Census. 
••Change is less than one-half of Io/r. 
Source: Bureau of Business Research in cooperation with the BureRu 
of the Census, U. S. Department of Commerce. 
certain segments of the construction industry in the immediate future. In spite of the upturn in authoriza­tions for apartments in June, there is substantial evi­dence that the building of this type of residential hous­ing has for the present caught up with demand and per­haps has exceeded immediate demand. It is probably good judgment to forecast little or no increase in resi­dential building in Texas in 1965 and possibly in 1966. 
The long-term trend, however, seems to be favorable, both for single-family and multiple-family units. Some of the advantages of living in the suburbs have been lost in the tremendous growth of the metropolitan areas, so the movement into apartments seems to represent a trend that will continue. Although there has been some decline in the birth rate, the children born during the war and the immediate postwar period are beginning to enter the home buying market, so it seems inevitable that this segment of the building industry will continue at a high level. 
The continued steady growth of the cities provides the forces needed to continue the high level of nonresidential 
AUGUST 1111 
HE IDENTIAL BUILD! G A THORIZED IN TEXAS" 

~ ~~,' <' 0
O~*'l,,_-'-,..,,..,.-1...:~""""-=..,..,.--'-:-:-::-..__,,;::-'--;-:::-:-''-;-;'-:-'
··~~~·_J_~_L_~J.......--"~

1951 '55 '56 ·57 '58 '59 '60 '61 '62 '63 'M '65 
• £11clud•• •ddlt101u , alteration•. and repa1r1. 
NOTE: Shaded aru1 indicate per1od1 o f declme of toU. I bu11nea1 activity In the United State1. 

building, since the growing cities need continual ex­pansion of commercial buildings, schools, churches, and amusement facilities. The continued industrial expansion in the state provides a stimulus for all types of indus­trial building. It is significant that nonresidential build­ing authorized in Texas during the first half of 1965 exceeded the first half of 1964. 
The comparison of the first half of 1965 with the same period of 1964 eliminates some of the erratic nature of the building-permit data and provides some basis for pro­jecting what the industry may be expected to do for the whole year. One-family dwellings declined only 3% from the first half of last year, compared with a decline of 36% in all multiple-family dwellings and 41 % in apart­ments. The increase of 7% in nonresidential buildings 
was  spread  unevenly  through  the  various  categories.  
Substantial  increases  over  the  first  half  of  1964  were  
registered  in  educational  buildings,  utilities,  and  office­ 

bank buildings. In addition, service stations increased 7%, 
NONRESIDENTIAL BUILDING• 
AUTHORIZED IN TEXAS 

INDEX-ADJUSTED FOR SEASONAL V.AJIATION-19,57.J959· JOO 
250  ~  2SO  
200 150 100 so  A JIJ\  VI  tmil !i-­'<:J:S ~litII .III • "''~Y~V -.. 8::1* ~  I\ IA \4. rI u J\  I 11  I I /I'  200 150 100 so  
0  ~  0  

1954 '55 '56 '57 '58 '59 '60 '61 '62 '63 '64 '6S 
• E•ch1de1 a ddltiona, altera tion•, •nd !'e paira. 
!NQTE: Shaded area• indicate period• of de cline o{ total buaineu •ctivity In the Un.J11d 5'&1u, 

industrial buildings 1% , and private garages a fraction of a percent. All other categories of nonresidential build· ing declined, but the increases were large enough in several of the large categories to bring the total above the same period of a year ago. 
A continued high level of business building is con· sistent with the trend of business activity throughout the first half of 1965. After some signs of slowing down in the first quarter, business has risen to new levels dur­ing the second quarter. This increased activity has been the basis for an increased demand for buildings used by business concerns. 
The total value of construction put in place in the United States during the first half of 1966 increased 2% from the first half of 1964. The data are not strictly comparable with the Texas information on building au· thorized, but it indicates that building in Texas did not quite keep up with the nation ae a whole. The dif· ference between Texas and United States building ac· 
BUILDING AUTHORIZED IN TEXAS 
SELECTED CITIES 

Residential Dwelling units (number) Nonresidential Total conatructlon• 
January-June Jan-June January-June January.June Percent Percent Percent Peraent
City 1965 1964 change 1965 1964 change 1965 1964 change 1965 1964 chanat 
Abilene 
$ 3,945,574 $ 4,731,269 -17 223 401 -44 $ 4,755,774 $ l ,244,170 +282 $ 9,038,567 $ 6,817,088 +d Amarillo 
6,3n,Hii 12,418,815 -49 327 907 -64 7,080,749 5,642,240 + 25 15,815,880 21,050,481 -11 Arlington 8,095,779 6,836,507 
+ 18 617 610 + 1 5,543,533 3,886, 109 + 43 14,160,230 11,240,884 + 18 Austin 19,621.700 21,431,300 -8 1,282 1,503 -15 9,443,505 10,948,751 -14 82,349,410 84,246,662 -I 
Bea.umont 
5,090,702 3,209,316 + 59 413 291 + 42 3,566,925 2,946,083 + 21 9,189,508 6,714,048 + 17 Corpus Christi 
6,867,768 8,031,082 -14 697 879 -21 6,161,234 3,642,394 + 69 15,038,671 12,854,051 +u Dallas 
42, 113,524 54,285,565 -22 4,060 5,998 -32 41,033,297 48,323,147 -15 98,449,897 118,193,705 -11 El Paso 16,729,153 13.687,610 + 22 1,209 1,421 -15 10,908,438 7,093,607 + 54 31,486,637 28,697,571 + .. 
Fort Worth 11,389,981 13,195,704 -14 1,055 1,463 -28 9,667,097 9,569,118 + 1 25,991,220 28,584,000 -9 Gnlveston 1,385,637 1,526,011 -9 129 149 -13 918,883 4,517,844 -80 3,158,864 6,885,582 -6' Garland 4,872,53il 5,529,982 -12 399 461 -13 4,669,291 4,289,807 + 9 9,672,585 10,522,448 -8 Grand Prairie 2,609,750 2,878,950 -9 135 191 -29 4'°96,911 739,372 +464 7,137,862 4,194,559 + 70 Houston ii6,076,651 76,707,370 -27 5,234 7,417 -29 53,439,552 52,439,268 + 2 146,097,609 157,888,482 -7 Irving 9,351 ,952 14,269,995 -34 996 1,959 -49 3,838,048 5.079,461 -24 13,691,046 19,526,906 -80 Longv iew 2,620,000 1.649.000 + 59 129 94 + 37 3,571,700 2,130,700 + 68 6,656.900 4,062,000 + 8' 
l,ubl><><k 
13,962,767 15,986,917 -13 914 1,375 -34 7,107,829 8,585,277 -17 22,384,174 25,860,086 -11 
M es11uite 3,216,902 2,520,008 + 17
+ 28 305 242 + 26 725,442 821,642 -12 4,174,746 8,582,900 Midland 6,244,iiOO 4,231,800 + 48 447 299 + 49 1,541,500 2,120,700 8,646,880 7,008,806 +H 
Odf!l!SR 
3,504,300 1,650,700 +112 247 73 -27 8,109,266 +H
+238 958,440 829,670 + 16 6,136,880
Port Arthur 
4ii2 ,876 711,616 -36 47 67 -30 2,302,514 l,858,956 + 24 8,219,288 8,544,144 -9 
Ri<'hnr~lson 
ii,043.120 7,135,9W -42
-29 282 412 -32 l,509,283 4,287,409 -65 6,706,781 11,684,988San Angelo 2,030,400 2.243.000 + '9
-9 189 242 -22 2,259,665 435,327 +419 4,532,860 3,088,110
San Antonio 
L·., I2!1,604 17,102,701 -12 1,752 2,164 -19 9,933,126 10,163,299 -2 30,346,781 82,468,828 -7Tyler 
3,!14 ;";, 11:; 
4,848,100 -rn 230 271 -15 1,243,932 7,912.302 -84 5,411,075 18,079,941 -It Wnro 
n,3!10 ,8iiO 
o.734,475 + 11 570 508 + 12 4,902,543 1,727,894 +184 12,856,724 8,666,581 + 48 Wi<hila Falls l,7 Kl ,880 1,432,!140 -U
+ 24 131 107 + 22 2,961,307 3,987,940 -26 5,871,091 6,689,011 
0Inrludes additions, alteration8, and repairs. 
210 
TEXAS BUSINESS REVIEW tivity appears to be centered in residential construction, since the value of permits issued in Texas declined 7% while for the United States residential construction put in place declined only 1%. 
For nonresidential building the increase in Texas was the same as in the United States-7%. The figures for the United States break out only industrial, commercial, and all other types of nonresidential building, so detailed comparisons of nonresidential building cannot be made. Industrial increased 24%, commercial 5o/c, and all other declined 5'1<. The increase in the industrial category was much greater in the United States than in Texas, but higher in Texas for groups that would be considered commercial. 
Except for some lagging in residential construction, it appears that construction in Texas paralleled fairly close­ly the pattern for the nation for the first half of the year. The 35% increase during June in Texas permits was matched by a substantial increase in new construc­tion put in place in the United States. 
I DUSTRlAL ELECTRIC POWER SE IN TEXAS 
tNDE~ ADJUSTED FOR SEASONAl VARIATION -1957 1959 · IOO 

O® l~ :18 
.':'7':-:-'-:-=-::-'-.,..,-,.-L~"""""'---'-~--'-_L.."""-~.J_~_L_~.1-~.L.__JO 
1954 '55 '56 •57 '58 '59 '60 '61 '62 '63 '64 '65 
NOT£: Sh..aded arca1 indicalc ptr1od1 of decline o! 1otal bu11ne11 <1.ct1v1ty in the Un.ited SU.tci. 
TEXAS I DUST RI AL PROD CTIO , Ml I G • 
INDEX-ADJUSTED FOR SEASONAL VAil.dlON-1957 1959·100 


1954 '55 '56 '57 '58 '59 '60 '61 '62 '63 '64 '65 
I lncludc1 c rude-oil and nah1ral-ga1 pr oduction. 
NOT£: Sh..aded are•• lnchcale pcnod1 or dechnc of tou.1 buuneu a<:llvtty ln lhe Uruted SU. tc•· 

TEXAS I D ST RI AL PROD CTIO TOTAL MA FACT RES 

RETAIL SALES IN TEXAS 
JUNE AND FIRST-HALF 1965 

by Robert H. Drenner 
Total retail sales in Texas in June ordinarily show a decline of approximately 6'/r from !'>lay. This year, however, sales rose 2'/r from May to June. The Bureau of Business Research has computed normal seasonal sales patterns for all ten major retail merchandise categories, and the overall contraseasonal sales improvement this June was characteristic of all ten categories. Further­more, total retail volume this June showed a 6'/, gain from the same month a year ago, and in this comparison also the sales improvement was spread over the entire merchandise spectrum (with the single exception of sales by furniture and household appliance stores, which record­ed substantially the same dollar volume this June as in June 1964). 
The seasonally adjusted index of total retail sales in Texas rose in June to 137'/r of the 1957-59 monthly average, the highest level the index has reached this year (nearly 6'/r higher than the average value of the index for the first five months of this year) and its second highest level in the past 18 months. The adjusted indexes of sales of durable and nondurable goods both showed strong gains from May and also compared favor­ably with their average values for the past 18 months. The June value of the durables index, at 162','r of its 1957-59 base, has been exceeded only twice since the be­ginning of 1964; in the same period the June value of the nondurables index, at 124<;!, of its 1957-59 monthly average, has been exceeded only three times. From May to June of this year an increase of 9% in actual sales of durable goods drove the seasonally adjusted durables index up 12% from its May value; a 2<;'< decline in 
RETAIL SALES TRENDS BY KINDS OF BUSINESS 
Percent chnnge  
Normal seasonal;:.  Actual  
Kinds of business  Number of reporting establish-ments  Jun from May  Jun 1965 .Jun 1%.; from from May 1!16:; Jun 1!164  Jan-Jun 196:; from Jan-.Jun 1964  

CURABLE GOODS  
Automotive  stores  408  - 4  + 8  +12  +12  
Furniture &  household  
appliance  stores  186  -3  +  +  3  
Lumber,  building  
material. and  
hardwa re  stores  278  -4  +11  + 5  + 3  
NONDURABLE GOODS  
Apparel  stores  324  -14  -11  +  +  
Drugstores  256  - 7  - 5  + 4  + 3  
Eating and drinking  
places  154  - 5  + 5  +  
Food  stores  367  -­ 4  + :;  +  
G;:1soline and service  
sU\tions  ;)65  + I  +10  +  +  I  
Gt."nt-ral mer<'hamlise  
store;.;  308  - 19  - 7  +  3  +  2  
Other  rl'tail  stores  332  -12  · -2  + 6  + 4  

*Avt.·rasre ~asonal <'hang"l' from J>rt'<'t.'11ing month to <'Urrent month. 1-' "-' Chanf,te is less than one-ha lf of 1~;. 
AUGUST 1966 
ESTIMATES OF TOTAL RETAIL SALES IN TEXAS (Millions of dollars) 
Percent changes  
Jan-Jun  
196S  
Jun 196S  Jun 1965  from  
Type of store  Jun 196.1  Jan-Jun 1965  from May 1965  from Jun 1964  Jan-Jun 1964  
TOTAL  $1.202.0  $6,805.7  + 2  + 6  + 5  
Durable goorls• .  517 .0  2,804.6  + 9  + 9  + 8  
Nondurable goods  685.0  4,00.1  -2  + 4  + 2  

OContRins automotive stores, furniture stores, and lumber, building mA.teriRI, Rnd hRrdwRre stores. 
June from May in sales of nondurables was substantially less than the normal seasonal decline in such sales be­tween the two months, and the adjusted nondurables index consequently rose 6'7<. 
By contrast, preliminary estimates by the U. S. De­partment of Commerce of June retail sales for the country as a whole show a slight decline (of less than 
one-half of 1o/r) in actual dollar sales from May to June this year-a l '7< drop in sales of nondurables and a 2% rise in durables. After seasonal adjustment, how­ever, none of the three categories showed any significant change from its May level. The chief inference from a comparison of these data with the equivalent data for Texas is the considerable variation between normal sea­sonal retail buying patterns in Texas and those for the nation as a whole. 
Apart from the frequent random variation that is often characteristic of month-to-month consumer buying activity, it is difficult to explain the strong improvement in Texas retail sales in June. For most of the state, however, June began the year's first month of consistently sunny, pleasant shopping weather. The generally erratic weather of the preceding months may have been, at least in part, responsible for what had seemed the puzzlingly sluggish pace of retail buying in Texas this spring when compared with the month-to-month level of retail trade nationally. There appears no good reason to suppose that Texans were spending cautiously earlier this year from doubts concerning their immediate economic future and that a general confidence in the state's economy was suddenly restored in June. Nor does it appear that widely advertised rebates of federal excise taxes in the anticipa­tion of repeal stimulated a dramatic upturn in June in purchases of the merchandise affected. In fact, the avail­able evidence is that those merchants who hoped for a strong immediate increase in volume as a result of the excise tax cuts have been largely disappointed, not only in Texas but elsewhere in the nation as well, and that the effect of the tax cut on consumer buying is going to be less dramatically spread out over the forthcoming months. There is also some evidence that those repealed taxes which were paid by the manufacturer and added to his prices are not resulting in commensurate price de­creases at retail. To the extent that this is the case the stimulus to retail spending from the excise tax cuts' will not be as large as intended. 
Since the level of retail spending is strongly correlated with disposable personal income and is also a reflection of consumer confidence in future business and economic conditions, it is to be ho~ that the strong upturn in Texas retail trade in June is evidence of a pennanent improvement in this important sector of Texas busi11911. In spite of the June improvement, retail sales in Texaa for the first half of 1965 lag somewhat behind the gains shown nationally from the first half of 1964. Further­more, as encouraging as Texas retail sales were this June, a gain in total dollar volume of 6% from June a year ago, of 9% in sales of durables and 4% in sales of nondurables, compare with U. S. Department of Com· merce estimates of a 7%, 10%, and 6% increase in the same categories from June 1964 in retail sales nationally. Evidently a still greater improvement than June showed is necessary in Texas consumer buying in order to match the gains being recorded over the country· aa a whole in retail spending from a year ago. 
POSTAL RBCBIPTS 
SELECTED TEXAS CITIES 
Percent~  
City  May 21, 1965­June 18, 1965  Jan 1, 1965­June 18, 1965  Jan 1,1Na­J1111e 18, 19'5 from Jen8, 1H4· June19, 19'4  

Alvin .. $ 7,331 $ 60,018 + 10 Angleton 7,888 58,789 + 8 Ballinger ...... ... . .. 6,305 80,898 +u Belton 10,422 79,09ll 1 Carrizo Springs 3,282 19,587 + a Carthage 5,633 87,212 8 Center 6,559 89,976 + a Childress 6,885 87,898 + a
····· ····· ··· · 
Cleveland 6,900 85,747 + a 
Coleman .......... .. . 6,786 44,002 + I 
Columbus 4,304 81,897 + 21 
Commerce 8,190 47,209 + 7 
Crockett 7,474 40,814 + a 
Cuero 6,597 40,019 1 
Dalhart 5,870 85,889 1 
El Campo 9,481 70,862 + 1' 
Electra ......... .. .. ... 3,539 28,545 •• 
Falfurrias 4,869 29,688 -a 

Freeport 19,291 128,922 + 18 Galena Park 9,593 47,828 + 20 Gilmer . . . . . . . . . . 6,734 40,218 + 11 Gonzales 6,201 89,887 -2 Groves 8,910 45,601 + 12 Hearne 5,267 26,488 + 11 Hempstead 5,812 82,098 + 8 Hillsboro . . . . . . . . .. . 6,486 47,880 -1 Hurst 11.522 65,986 + 15 Kenedy 4,579 27,102
·········· + • 
Kerrville 17,135 97,825 Kingsland 1,552 8,188 + + 17• La Grange 5,535 88,581 + 5 Lake Jackson 7,394 48,617 + 7 Marlin 7,933 49,406 Mathis 2,840 15,979 + Navasota 6,053 85,742 + 5 Perryton 8,657 54,187 
•1
Pittsburg . . . . .. . . .. 4,508 26,188 Port Lavaca 10,085 64,54S + 2 Refugio 4,796 29,270 7 Richmond 3,786 25,659 + 10 Rusk 4,623 8l,S98 -10 Seminole 5,:;29 29,959 Taft 2,795 17,041 
+ •9 Weatherford 10,655 78,094 + & Wharton 9,340 56,106 + • Winnsboro 3,511 25,759 + I 
····· ····· 
Yoakum 15,495 97,187 + 18 
**Cha nge is less than one-half of 1%. 

LOCAL BUSINE_SS CONDITIONS 

Percent cha nge  P ercent change  
City and item  June 1965  June 1965 from May 1965  June 1965 from June 1!164  Jnn-June 1965  Jnn-June 1!164  Jan-June l ~t 6:> Crom JRn·June 196t  

ABILENE  
Standard Metropolitan Statistical Area  
(pop. 126,3201 ;  Jones and Taylor2 )  
Bulldln1 permlta, leaa federal contracta . . . . . ... .$ BRnk debita (thouaanda) . . .... ...$ Nonfarm employment (area) . Manufacturing employment (area) . Percent unemployed (area) .  3.250.734 1,636,920 36,000 4,010 4.9  + 257 2 + 1 + I + 14  + 332 + 2 1 8  5 $  !I,184.367 35,558# 3,968# 4.9 #  6,657,038 36.025 # 4,332# 5.6#  + 38 + 8 -1 -8 -13  
ABILENE (pop. 110,049r) Retail aalea . ... Apparel atorea . Automotive atorea Drug atorea Eating and drinking placea.. General merchandise atorea.  -4t -l4t 4t -7t -st -19t  -6 I ii + 14 -10 -4 -10  . 
+ + 14 + 1 + 2  + a + 5 + 14 + 10 2 -I  
Lumber, building material, and hardware stores. Poatal receipta• Building permita, lesa federal contracts Bank debits (thouaands) .... .. . End-of-month depoaita (thouaands) t . Annual rate of deposit turnover .  .. . .... $ $ .$ $ -4t 119,604 3,212,434 119,303 68,616 21.1  -IS -14 + 254 +  -24 -6 +328 + 5 -a  5 $ $  792,569 9,038,oG7 735,;,:,3 68,623 # 21.3#  776.o32 6,317.344 68,;,543 66.03!1# 20.fi #  -17 + 2 + 43 + 7 + 4 + 4  

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 ia available. 
The citiea 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 populations shown for the SMSA's are estimates for April 1, 1964,1 prepared by the Population Research Cen­ter, Department 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 Cenaua figure with the exceptions of those marked (r), which are estimates officially recognized by the Texas Highway Department, and that given for Pleasanton, which ia a combination of the 1960 Census figures for Pleasanton and North Pleasanton. Since the SMSA and city popula­tion estimates have different sources, it is not surprising that they are sometimes inconsistent, as is the case here with the Odessa SMSA (Ector County) and Odessa. 
Retail sales data are reported in this tabulation only when three or more stores report for the category. The firat column contains an average percent change from the preceding month marked by a dagger (t). This is the normal statewide seasonal change in sales by that kind of business~xcept in the cases of Dallas, Fort Worth, Hous­ton, and San Antonio, where the dagger is omitted because the normal seasonal changes given are for each of these cities individually. The second column shows the percent change in actual sales reported 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 Busi· 
ness Research. 
Postal receipts information which is marked by an asterisk (*) indicates cash received during the four-week postal accounting period ended June 18, 1965. 
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 (**). Data indicated with a number sign ( #) are monthly averages. 
ALICE (pap. 20,861) 
+ 5
+ 8
Retail ..... . . . ................ . . . .. .. . .. . . . .. . 4t 

Lumber, buildin1 material, 
+u 
and hardware atorea . 4t + 17 
109.241 + 4
113.260
Pa.tal receipta• . . . . . . . . . . . . . . . . . . . . . . . . .S 18,077 3 
+ 18
J,Ot3,680 868.084 
Balldln1 permit&. leas federal contract&. .S 141,726 + 72 +214 
213
AUGUST 1966 
Percent change  Percent chanp  
City and item  June 1966  June 1966 from May 1965  June 1966 from June 1964  Jan-June 1966  Jan.June 1964  Jan.June 1996 from Jan-June 1994  
ALPINE (pop. 4,740) Postal reeelpta• ... . ....... . · . Building permits, less federal contracts. Bank debits (thousands) . . End-of-month deposits (thousands)* · Annual rate of deposit turnover.  .$ .$ .$ ....$  6,618 37,600 3,577 4,616 9.7  + 6 2 3 + 8 ••  + 17 -41 + 13 + 10 ••  $ 38,408 $ 107,560 $ 21,146 $ 4,661# 9.1#  $ 82,842 $ 160,696 $ 19,126 $ 4.118# " 9.8#  + I -29 + 11 + 11 -I  

AMARILLO  
Standard Metropolitan Statistical Area  
(pop. 166,6161;  Potter and Randall2 )  
Building permits, less federal contracts.. Bank debits (thousands) . Nonfarm employment (area) . Manufacturing employment (area) . Percent unemployed (area). . . . .... .. . .  .. $ . . $  2,365,275 3,945,144 64,700 6,550 4.3  -30 + 3 ••.. + 39  -32 + 4 + 1 + 2 + 16  $ 17,871,886 $ 54,467# 6,498# 4.2#  $ 21,711,991 $ . 64,200# 6,873# 8.8#  -20 + 8•• + I + 11  
AMARILLO (pop. 155,205r) Retail sales  - 4t  - 8  '  +  
Apparel stores  - 14t  - 5  7  +  
Automotive  stons  . ....  4t  -11  4  +  
Eating and drinking places . Florists . ... . .. . . . .  St  -6 -40  + 3 + 13  + + 4  
Gasoline and service atationa.  + 1t  - 3  - 8  6  
General merchandise stores .  - 19t  - 13  -13  -11  
Lumber, building material,  
and hardware atorea.  - 4t  + 12  + 3  -11  
Postal receipts•  .  ... .. ...$  240,193  - 4  +  $ 1,561,869  $ 1,468,916  + 7  
Buildin11 permits, Jess federal contracts . Bank debits (thousands) .  ....$ .. $  2,270,275 322,737  -17 + 8  -31 + 8  $ 15,815,880 $ 1,883,797  $ 21,060,481 $ 1,682,264  -26 + 12  
End-of-month deposits (thousands)*· Annual rate of deposit turnover .  .. . $  127,325 31.0  + + 9  -1 + 10  $  128,222# 29.4#  $  128,919# 26.2#  -l + 12  

CANYON (pop. 6,755r)  
Postal receipts• Duildin11 permits,  ..... . . . ..... .. .........$ lesa federal contracts . . ... $  9,498 95,000  + 49 -85  + 67 -40  $ $  46,866 1,665,455  $ $  41,988 661,660  + 9 +m  
Bank debits (thousands) End-of-month deposits (thousands) i .  ... . $ . .. $  7,011 6,617  + 3 ••  + 8 + 4  $ $  45,370 7,122#  $ $  48,806 6,968#  + +  
Annual rate of deposit turnover .  12.7  + 7  + 2  12.6#  12.8#  +  
ANDREWS (pop. 11,135)  
Postal receipts•  ....$  8,879  +  + 19  $  60,369  $  49,687  + I  
Building permits, leH federal contracts .  . . . $  25,307  -68  + 40  $  292,890  $  288,890  + 21  
Bank debits  (thousands)  .. . ...... .$  6,075  3  + 8  $  88,693  $  84,668  + 11  
End-of-month deposits (thousands)t . . ... . .. . . $ Annual rate of deposit turnover.  6,895 10.4  2  +  $  7,308# 10.5#  $  7,042# 9.8#  + + 7'  

AUSTIN 
Standard Metropolitan Statistical Area 
(pop. 243,2261; Travis2) 

Building permits, less federal contracts. .$ 10,893,911 +129 +182 $ 32,617,410 $ 84,686,602 
Bank debits (thousands). $ 4,329,024 +

+ 18 + 23 $ $ 
Nonfarm employment (area) . 90,167#
94,600 + 94,750# 
+ '
Manufacturin11 employment (area) . 6,500 6,162# + 4
+ + 4 6,428# 
Percent unemployed (area) . 
3.5 + 46 5 2.9# 8.1# 
• 
AUSTIN (pop. 212,000r) Retail sales 
-4t + 4 + 19 + •
Apparel stor.. ....... . .. . + t

-14t -20 + 8 
Automotive stor.. . .. ......... . . + 8

4t + 10 + 28 
Drug stores + 8
7t -3 + 12 
Eatin11 and drinkin11 places. + I
st -16 4 
Food stor.. 

4t + 1 l Furniture and ho~~~i,~jd appli·~~~~ s~res. St 1 + 2 + 18• General merchandise stores -1
-19t + 7 + 21 
Lumber, building material, and hardware stores . + 17
-4t •• + 53 
Postal receipts• . . . . . . . . . . . . . . . . . ....$ 531,946 + 6 $ 3,266,251 $ 3,080,926 + 6
+ 
Building permits, less federal contracts . ~ 6
$ 10,824,911 +129 +184 $ 32,349,410 $ 34,246,652 Bank debits (thousands) + 7
$ 344,086 •• + 22 $ 1,969,511 $ 1,840,880 
End-of-month deposits (thousands) i. $ 175.127 + + 6 $ 175,960# $ 174,746# + 
Annual rate of deposit turnover . 
23.7 + 2 + 15 22.3# 21.0# + 
Percent change 
Per<."ent <"han~ 
June 1965 June 1965 
Jan-June 1~65
June from from 

Jan-June from 
City and item 	1965 May 1965 June 1964 
1964 Jan-June 1964 
ARANSAS PASS (pop. 6,956)  
Postal receipts• .. .... .  . $  5,433  +  9  + 22  33,331  $  29,072  + 15  
Building permits, less federal contracts .  .. $  9,025  - 86  + 27  186,365  168,212  + 11  
Bank debits (thousands) . .. End-of-month deposits (thousands) t .  .. $ . .... . $  4,563 4,833  -+  22 1  +  5  $ s  27,843 4,985#  27.634 5,292#  +  6  
Annual rate of deposit turnover . ....  11.4  - 20  + 7  II.I#  10.3#  + 8  

ARLINGTON: see FORT WORTH SMSA 
ATHENS (pop. 7,086)  
Poatal receipts•  .. . $  11,226  -17  + 12  $  82,960  $  64,700  + 28  
Building permits, less federal contracts... . .. . .. $  420,750  +142  + 286  $  1.364,750  s  846,400  + 61  
Bank debits  (thousands)  .. . . . . ... . . ...$  14,558  + 20  + 26  $  75,644  s  67.343  + 12  
End-of-month  deposits  (thousands) t .  $  8,634  - 2  -11  $  8,999#  $  10,604#  -15  
Annual rate of deposit turnover .  20.0  + 22  + 47  16.6#  12.6#  + 32  

BAY CITY (pop. 11,656) Retail 1ales Automotive atoree .. . Postal receipts• .. ... . ... . . . . . Bank debits (thousands) .. .. . End-of-month deposits (thousands) t. Annual rate of deposit turnover . Nonfarm placements 
- 4t  
- 4t  
. .....$  15,530  
. .... .. $  17.517  
$  23,758  
8.8  
90  

+ 17 
+ 32 + + 
I 
+ 7 -29 
+ 
16 

+ 
28 

+ 
10 

+ 
13 


-I 
88.732  $  81,447  
109,275  s  98,060  
25,029 #  s  24,876#  
8.6#  7.8#  
570  584  
+ 
11 + 



+ 
14 

+ 
18 

+ 	
9 

+ 	
JO 2 


BAYTOWN: see HOUSTON SMSA 
+ 
14 -20 


BEAUMONT-PORT ARTHUR-ORANGE  
Standard Metropolitan Statistical Area (pop. 314,7431 ; Jefferson and Orange2 )  
Building permits, leBB federal contracts . $ Bank debits (thousands) . . . . $ Nonfarm employment (area) . Manufacturing employment (area) . Percent unemployed (area) ..... ............. . . 2,178,437 4,622,004 110.100 34,460 5.5  -47 + ..4 -I + 38  -32 + 17 11  s 17,717,962 $ 109,583# 34,610# 5.2#  s 13,805,038 s 112.233# 35,4 53# 6.2#  + 28 + 11 2 16  
BEAUMONT (pop. 127,500r) Retail 1111les . ... . . . Apparel stores . . . ... . . . . . . . . . . . . . .. . . . .. . . Automotive stores . . Drug stores Eating and drinking places . Food stores . . .. . Furniture and household appliance stores . General merchandise stores .  4t 14t 4t 7t 5t 4t St 19t  + 9 2 6 6 -33 19  + 8 + + 12 + 4 + 6 +  + 5 + 3 + 9 1 + s + 25 + 2  
Lumber, building material, and hardware stores . Poatal receipts• . .. $ Building permits, less federal contracts.. .. . ....$ Bank debits (thousands) . End-of-month deposits (thousands) t . Annual rate of deposit turnover. ... $ $ 4t 147.273 J,275,293 250,583 110,162 27.6  + + + +  + 3 + 9 + 17 + + 12  $ 867.699 s 9,1 89,513 s 1,471,535 s 11 2,311# 26.1#  846.570 $ 6,714 .048 $ 1,275.830 $ 106,523# 23.8#  -15 + 2 + 37 + 15 + 5 + 10  

ORANGE (pop. 25,605) Retail 1111lee Automotive stores . .. . . ...... . . General merchandise stores.  4t 4t 19t  + 16 + 23 6  + 31 + 40 -13  + 19 + 22  
Lumber, building material, and hardware stores . Poatal receipts• . . Building permits, leas federal contracts . Bank debita (thousands) . End-of-month deposits (thousandslt. Annusl rate of deposit turnover. Nonf11rm placements  . . .. $ $ $ S  4t 25,951 147,831 31,535 26, J.57 Hi.O 203  10 -67 2 + 8 + 6  + 24 -17 + 12!) + 16 + 6 + 11  ~  164, 127 l ,2 4i>,7i>4 ll'l l.720 81,060# 27.7 # 1.024  $ s  176,419 1.149.366 611.850 94.073:1t 24.6# 1.083  + 40 7 + + 2 14 + 13  
AUGUST 1965  215  

Percent change 
Pereentcllaqe June 1965 June 1965 
Jan..Junel98'
June from from Jan.June Jan.June from City and item 1965 May 1965 June 1964 1966 198' Jan..Juneltst 
NEDERLAND (pop. 15,274r) 
Postal receipts• .. .. ...$ 10,084 -8 + 20 62,217 60,991 +n Bank debits (thousands) .. . $ 6,577 + 16 + 10 $ 88,650 86,611
• + •
End-of-month deposits (thousands) i . .$ 4,782 + 7 -6 $ 4.728# 4,868# 
Annual rate of deposit turnover. ... ........ 17.8 + 16 + 19 16.8# • 15.2# + •., 

PORT NECHES (pop. 8,696) Postal receipts• .. ... .. ..... .$ 8,211 -6 + 2 s 49,841 $ 49,442 •• Building permits, less federal contracts. 80,810 -60 + 24 $ 962.652 • 690,909 
+ 11
• 

Bank debits (thousands) . $ 12,886 7 + 68 $ 79,275 $ 64,708 +41
··· ···· ·· ·· 
End-of-month deposits (thousandsH . .. s 6,471 + 6 + 2 $ 6,758# $ 6,647# 
+ •
Annual rate of deposit turnover. 24.6 + 66 23.6# 16.'f# +u 
PORT ARTHUR (pop. 66,676)  
Retail sales  ... ... .... .....  ' . . . . . .....  4t  -10  8  + a  
General merchandise stores .  19t  - 17  9  -10  
Lumber, building material,  
and hardware stores . Postal receipts• Building permits, less federal contracts.  ...$ . $  4t 53,252 622,580  -12 -10 + 99  + 6 -65  $ $  827.741 S,219,288  • 828,986 $ 8,544,144  -19 •• 9  
Bank debits (thousands) . ··· ···· · ·· · .. . . .. ... .$ End-of-month deposits (thousands) i . $  65,159 41,799  4 2  + 2 ••  $ $  405,996 42,629#  $ 896,497 $ 42,878#  + a + 1  
Annual rate of deposit turnover.  18.6  3  + 2  18.9#  18.6#  + 2  

BEEVILLE (pop. 13,811)  
Retail sales  
Drug stores Postal receipts•  . . .. $  -7t 11,723  •• -18  + 7 ••  $  79,016  $  76,081  + 2 + g  
Building permits, less federal contracts. ...$ Bank debits (thousands) . . . · · ··· · · · ·· ····· · · s End-of-month deposits (thousands) i . .. .$  21,310 11,559 14.914  -88 •• -1  -72 + 9 + 1  $ $ $  624,384 68,490 15,226#  s $ $  284,748 64,788 14,876#  + 84 + •+ '  
Annual rate of deposit turnover. Nonfarm placements  . ... . .. ... . .  9.8 134  + + 12  + 8 + 16  9.0# 624  8.8# 710  + 2 -12  

BIG SPRING (pop. 31,230)  
Retail sales . . . . . . . . . . . . . .. .. Apparel stores . ...... . . . . Automotive stores ··· · ··· · · · · · Drug stores ·· ·· ········ ···  -- 4t 14t 4t 7t  + 6 + 41 + 7 -8  + 16 + 9 + 17 -1  + •-10 + 10.,  
Lumber, building material,  
and hardware stores. Postal receipts• . Building permits, leB1 federal contracts. Bank debits (thousands) . End-of-month deposits (thousands) i . Annual rate of deposit turnover . Nonfarm placements  .. $ • 
......$ ....$  4t 31.088 190,261 36,817 23,679 18.5 268  + 20 -16 + 1 2 + 3 + 17  + 28 + 2 -81 + 4 + 3 -1 + 16  $ $ $ $  200,642 1,800,594 220,758 24,828# 18.1# 1,214  $ 190,628 $ 2,288,066• 224,896 $ 24,564# 18.1# 1.219  + + 6 -21 -2.. ••••  

BISHOP: see CORPUS CHRISTI SMSA 
BONHAM (pop. 7,357) Retail sales Automotive stores 
4t •• -s + Z1
Lumber. building material, 
and hardware stores 

4t -3 + 15 + 9 
Postal receipts• . . . .... 
....$ 7.738 -13 
-7 $ 47,442 48,841 + 8 
Building permits, less fed~~~l ·~o~;ract~ •
.. $ 104,000 +265 
+ 57 $ 1,098,400 • 566,900 + 98
Bank debits (thousands) . 
···· ·· .. ..$ 8,424 1
+ $ 48,896 $ 49,852 ­
End-of-month deposits 
(thousands) t. 
$ 7,788 + + 2 $ 7,940# $ 7,965# ••
Annual rate of deposit turnover . 
13.2 1
+ 12.2# 12.3# ­
BORGER (pop. 20,911) 
Postal receipts• . 
$ 18,8.)! -12 2
-3 $ 119.472 s 122,602 ­
Building permits, less f~e~al .contr~c~s 
$ 60,610 
+ 11 -86 $ 676,110 s 1,456,798 -&4
Nonfa.rm pla<-"ements 
174 -24 -· 16 1,014 896 + 11 
216 
Percent change 
Percent rhangt-
June 1965 June 1965 
JRn-Jun• 1!165
June from from 
JRn-June Jan-June from
Clt:r and Item 1965 May 1965 June 1964 1965 
1964 Jan-Jun• 1964 
BRADY (pop. 5,338)  
Postal receipts• . .. .. .. ........ .. . .s Building permits, Jess federal contracts. .$ Bank debits (thousand•) ................. . . . . . . $ End-of-month deposits (thousands) t . . . $ Annual rate of deposit turnover.  7,552 13,400 7,030 7,349 11.5  + + + + +  56 36 13 13  + -+ -+  60 69 12 4 15  $ s  31.344 113,300 36,001 7,178# 10.0#  $ $ $  31,237 342,010 34.674 7,410# 9.4#  + -+ +  10 67 4 3 6  

BRECKENRIDGE (pop. 6,273r)  
Po1tal  receipts•  ...$  7,902  +  +  15  46,010  $  45,117  +  
Building permits, less federal  contracts . ........$  65,450  +623  231,655  $  178,029  +  30  
Bank debits (thousands) ...  . ............$  6,856  +  11  39,443  $  
End-of-month deposits (thousands) t .  $  8,630  +  19  7,501#  $  
Annual rate of deposit turnover . . . . . . . . . ..  10.3  +  2  8.8#  

BRENHAM (pop. 7,740)  
Postal receipts•  ..... .. . . ...  . ...$  11,490  + 9  8  $  63,552  $  59,416  + 7  
Building permits, less federal  contracts .  . ...$  66,195  +138  $  1,068,709  $  511,946  +109  
Bank debits (thousands) . . . . . . . . . .. . End-of-month depcsits (thousands) t .  .$ $  11,824 13,627  - 2..  +  $ $  74,3.54 14,150#  $ $  71,226 13.341 #  + 4 + 6  
Annual rate of deposit turnover.  10.4  ¢0  +  4  10.6#  10.7#  2  

BROWNFIELD (pop. 10,286)  
Po1tal receipts•  .... ..... .... .. ...  .. .. . $  11.787  -10  + 9  $  67,486  $  67,015  +  
Bulldinir permits, Jess federal  contracts .  . .$  110,955  +124  + 28  $  302,175  $  567,110  - 47  
Bank debits (thousands) . End-of-month deposits (thousands) t .  . .. $ $  34,276 13,623  + 29 ••  +11 5..  170,551 15.117#  $ $  117,400 16.075#  + - 46 6  
Annual rate of deposit turnover .  30.3  + 34  +116  22.4#  14.3#  +  67  

BROWNSVILLE-HARLINGEN-SAN BENITO  
Standard Metropolitan Statistical Area  
(pop.  146,2071 ;  Cameron2)  
Bulldlnir permits, leu federal contracts . Bank debits (thousands) . Nonfarm employment (area) . Manufacturing employment (area) Percent unemployed (area) .  .$ .$  1,241,965 1.184,472 35,100 5,120 5.8  -52 7 2  +335 + 4 •• -4 -12  $ 5,445,255 $ 35,442# 5,265# 6.6#  $ $  3,022,888 34,867# 4,967# 7.5 #  + 80 + 6 + 2 + 6 12  
BROWNSVILLE (pop. 48,040) Retail sales ... ... .. . .. . . . ..  - 4t  ..  + 12  + 11  
Apparel stores . .. Automotive stores  ..  - 14t 4t  14 + 9  + 15 + 13  + 7 + 9  
Lumber, building material, and hardware stores . Postal receipts• ......... .. Building permits, leas federal contracts . Bank debita (thouaanda) . End-of-month deposits (thousands) t Annual rate of depoait turnover . Nonfarm placements  4t .. . . $ 36,961 $ 612,640 ...$ 31.499 $ 21.166 18.4 776  + 8 + -74 7 + 6 6 +  + 8 + 16 +441 + + 6 -4 + 18  223,228 3,872. 56a 217,006 20,982# 20.5# 3,!159  205,560 l ,410.407 201,332 20,116# 19.7# 3,063  + 17 + 9 +175 + 8 + 4 + 4 + 29  

HARLINGEN (pop. 41,207) Retail sales .. ··· ······· ······ Apparel atores Automotive stores . . . . . . . . .. . Dru11 stores Food atores . .... Furniture and household appliance stores. . Lumber, building material, and hardware stores . Postal recelrts• .................. . .$ Buildin11 permits, less federal contrac.ta . : . $ Bank debits (thousands) ............. ... $ End-of-month deposits (thousands) t $ Annual rate of deposit turnover. Nonfarm placements  4t 14t 4t 7t 4t 3t 4t 38. 193 ;;79,100 40,;i 09 20,254 24.l 60;)  + 5 9 + 6 6 + 10 + 24 + 11 + t:l + 253 + + + + 13  + 11 + 2 + 12 + 9 + 8 + 10 + 8 + 23 + 38;, + 3 + 16 11  216,740 1,:! 3i.211.·, ~33, 1 8~ 20,370# 22.7# 3,080  20~. 807 950.286 :!21,4;)7 21.07X# 21.1# 3,041  + + + + + + + + + + + +  8 3 6 11 3 22 6 30  
AUGUST 1965  217  

Percent change 
Pereent ebanae June 1966 June 1966 
Jan-June 1815
Ju11e from froni Jan-June Jan-June 
from City and item Jan-June 1984
1966 May 1965 June 1964 1966 1964 
LA FERIA (pop. 3,047) 
Postal receipts• . . .$ 2,383 + 9 + 89 $ 14,298 s 18,287 + 8 Building permits, less federal contracts. ...... . s 14,800 +492 s 48,490 $ 86,201 + ao Bank debits (thousands) . . . $ 1,968 + 16 + 38 s 10,674 $ 10,611 + 1 End-of-month deposits (thousands) i ... .. $ 1,406 •• -2 $ 1,474# 1,629# Annual rate of deposit turnover. 16.8 + 18 + 42 14.4# 18.9# + 
LOS FRESNOS (pop. 1,289) Postal receipts• ..... . . . . . . . . . . .$ 1,698 + 42 + 87 $ 7,897 s 7,466 + • Bank debits (thousands) .... .... . ...$ 1,602 + 31 -21 s 7,286 s 9,266 -22 End-of-month deposits (thousands) i. ... .. ... . $ 1,270 -6 -21 s 1,262# s 1,497# -11 Annual rate of deposit turnover. 14.7 + 29 -7 11.5# 12.6# -8 
PORT  ISABEL  (pop. 3,575)  
Po•tal receipts•  . . . . . . . . . . . . .  . . $  2,858  + 27  + 26  $  18,196  $  14,242  + 28  
Building permits, less federal contracts.. . ..... .$  16.675  + 20  + 17  $  74,650  s  66,840  + II  
Bank debits (thousands) . . ... . .. .. .$ End-of-month deposits (thousands) i . ... . .. $ Annual rate of deposit turnover... . ... .. . . .  1,553 1,093 17.2  + 4 + 2 + 9  + 16 6 + 26  s $  9,171 1,186# 16.4#  $ $  8,888 1,206# 18.7#  + 10 -! +u  

SAN BENITO (pop. 16,422) Postal receipts• . . . . . . . . ........ . .... $ 9,182 + 18 + 3 $ 48,668 $ 46,868 + 6 Building permits, less federal contracts. .$ 13,750 + l -85 $ 213,130 $ 248,888 -12 Bank debits (thousands) . . . $ 5,378 8 •• $ 33,676 $ 82,681 + • End-of-month deposits (thousands) i. . . . . $ 6,220 3 -2 s 5,627# $ 6,687# •• Annual rate of deposit turnover . 12.2 3 •• 11.8# 11.6# + I 
BROWNWOOD (pop. 16,97 4)  
Retail sales  . . .  - 4t  
Apparel stores . .  -14t  
Postal receipts• . . . . .  . . .. $  32,699  
Buildinll' permits, less federal contracts .  . . . . $  596,148  
Bank debits (thousands) .  . ...S  24,814  
End-of-month  deposits  (thousands) i .  . .. $  15,419  
Annual rate of deposit turnover.  20.7  
Nonfarm placements  .  153  

+  - 4  + 6  
-10  + 2  
8  - 1  $  201.060  $  198,806  + 4  
+146  $  2,328,156  $  1,180,310  + 87  
+ 12  + 28  $  126,625  $  111,828  + 18  
+ 15  + 10  $  13,803#  $  13.340#  + a  
+ 6  + 20  18.5#  16.8#  + 10  
+ 9  + 15  792  660  + 20  

BRYAN (pop. 27,542)  
Retail sales  
Automotive  stores  - 4t  - 6  + 3  + 8  
Postal receipts• . . . . . . .  . .. .$  30,869  - 12  + 22  $  184,734  $  164,877  + 12  
Building permits,  less  federal  contracts . .......$  282,010  - 66  + 21  $  2,950,801  $  2,494,227  + 18  
Bank debits  (thousands) . . . . . . .. ... . . ... ......$  35,247  - 10  + 8  $  212,240  $  188,169  + 11  
End-of-month  deposits  (thousandsJi  ....$  23,983  +  7  + 13  $  21,956#  $  19,801#  + 11  
Annual rate of deposit turnover.  18.3  - 14  4  19.4#  19.l#  + 2  
Nonfarm placements  281  - 11  + 8  l,691  1,614  + 12  

CALDWELL (pop. 2,202r) Postal receipts• . . . . . . . . . . . . .. .......... ......$ 2,831 13 .. $ 17,669 $ 16,614 + • Bank debits (thousands) . . .. $ 2,931 + + 18 $ 16,206 $ 14,980 + 8 End-of-month deposits (thousands) i. ....$ 4,039 + 2
1 + $ 4,061# $ 8,968# 
Annual rate of deposit turnover . + 7
8.7 + 4 + 14 8.0# 7.5# 
CAMERON (pop. 5,640) Postal receipts• ...................$ 
6,062 -4 + 14 s 43,333 $ 42,499 + 2 
Ruilding permits, leas federal contracts. . . $ 1.700 -87 -85 $ 114,250 $ 80,871 + 41 
Rank de hits (thousands) ....$ 4,846 2 12 30,584 $ 80,186 + 1 
End-of-month deposits (thousands) t. $ 5.512 + 2

+ 3 + 6,273# $ 5,190# 
AnnuRI rate of depoeit turnover . 
10.7 -4 + 15 11.5# 11.6# 
CANYON: see AMARILLO SMSA 
CAIUWLLTON: see DALLAS SMSA 
CISCO (pop. 4,499) 
Postal receipts• 
.$ 4.387 +u
-28 + s 30,774 $ 27,014
1:ank debits (thousands) ... 
$ 4,410 + 6 + 11 $ 24,296 $ 28,124 + 5 
End-of-month deposits (thousands) t 
s 3,563 + 7
+ 9 $ 3,627# $ 8,898#
Annual rate of deposit turnover . 
14.4 
+ 13.4# 18.4# •• 
218 
Percent change 
Percent chanse June 1965 June 1965 
Jan-June 1965 
June from from 
.Ian-Jun• J an..June from City and item 1965 May 196.'i June 1964 1!1£5 1964 Jan-Jun~ 1,64 
CLEBURNE: see FORT WORTH SMSA 
CLUTE (pop. 4,501)  
Po1tal receipts• .. .. .... .. . . ... .. . . .... . .... .. .S  2,231  -21  + 4  15,325  s  12,949  + 18  
Building permits, lesa federal  contracts. .  .S  42,225  +132  +174  s  133,032  s  114.171  + 17  
Bank debits  (thousands) .  . . $  2,235  + 8  + 13  $  12,406  $  11,577  + 7  
End-of-month deposits (thousands)t . Annual rate of deposit turnover... . . .  .S  1,698 16.2  + + 11  + 5 + 3  1,719# 14.5#  s  1,498# 15.6#  + 15 7  

COLLEGE STATION (pop. 11,396)  
Postal receipts• . . . . . . .  . . .. S  24,439  - 6  +  147,579  139.921  +  5  
Bank debits  (tbouaands) . . . . . . .. .... . . ... . .....$  6,611  + 17  + 28  34,889  33.929  +  s  
End-of-month deposit& (thousands) i . Annual rate of depoait turnover.  .$  3,755 19.8  12 + 17  + + l!I  4,106# 16.9 #  3,762# 18.1#  +  9  

COLORADO CITY (pop. 6,457)  
Retail aal•  
Lumber, building material,  
and hardware stores ..  - 4t  + 18  + 26  - 2  
Postal receipts• . ... .  s  6,775  6  + 43  $  38.820  SS,011  + 18  
Bank debits (thousands) .  . .. . $  5,028  + 25  $  31.084  28,185  + 10  
End-of-month  deP<.'Sits  (thousands) i .  .. s  5,553  - 7  $  6,079#  6,483#  6  
Annual rate of depo1it turnover .  10.7  +  + 32  10.1#  8.6#  + 17  

CONROE  (pop. 9,192)  
Postal  receipts•  ..  ...... . .. . . .. $  14,882  - 12  +  $  96,601  s  95,544  +  
Bank debits (thousands) .  ... s  15,421  +  3  + 20  $  90,568  s  79,111  + 14  
End-of-month  deposits  (thousands) i . .  .... s  11,950  +  3  + 9  $  11.834#  s  11.190#  + 6  
Annual rate of deposit turnover......... . .  15.7  +  + 12  15.3#  14.2#  + 8  

COPPERAS COVE (pop. 4,567)  
Postal recelpta• . . ... ... ... . ..... .. ... . . ... . ... $  4,148  -20  27,706  s  26,358  +  
Building permlta, leu federal contracts .  . . S  244,413  + 7!1  + 40  l.602,226  s  1.256,474  + 28  
Bank debits (thousand•) . .  . . . $  1,834  - 3  + 18  11,028  s  9,394  + 17  
End-of-month  depoaite  (thousands) i .  $  1.499  -31  8  1,815#  1,608#  + IS  
Annual rate of depo1it turnover .  13.7  + 27  + 11  12.4#  11.8#  + 5  

CORPUS CHRISTI  
Standard Metropolitan Statistical  Area  
(pop.  222,0981 ;  Nueces~)  
Building permit&, leu federal  contracts .  . S  2,!J08,547  + 76  + 73  $ 15,480,878  $  !3,2·>8.692  + 17  
Bank debits  (thousands) .  ..s  3,184,980  + 3  + 7  $  $  + 9  
Nonfarm  employment  (area) .  77,600  +  + JO  76,150#  69,250#  + 10  
Manufacturing employment  (area) .  9,140  + 2  + 3  8,937#  8.698#  + s  
Percent unemployed  (area) .  4.0  +  - 15  4.1#  4.6#  11  
BISHOP  (pop. 3,825r)  
Postal receipts•  . . .  .$  3,752  + 54  + 10  $  18, 430  s  18,093  + 2  
Building permita, leu federal  contracts .  . .. $  18,000  -14  $  171 ,900  $ 132,004  + so  
Bank deblte  (thousands) . . . . .. . . ........... . . . . S  1,696  + 27  +  $ 10,068  $ 10,603  5  
End-of-month deposit& (thousands) i . Annual rate of deposit turnover .  $  1,836 11.3  + 3 + 30  + 16  $  1,998 # 10.0#  2.143# 9.7#  7 + s  

CORPUS CHRISTI (pop. 184,163r) Retail aalee . . .. .  4t  2  + 9  + 9  
Automotive stores  4t  2  + 13  + 15  
Drug stores  7t  7  +  + 8  
General merchandise stores .  19t  +  -1  
Postal recelpta• ... . . . .. .. ... .. . Building permite, leu federal contracts. Bank debits (thousands) . End-of-month deposite (thousands) i . Annual rate of deposit turnover .  $ .. . S $ s  213,S26 2,868,S37 244 ,994 128,9n 23.4  + I + 78 + + +  + + 7,; + 8 + 8 +  $ $ s  1.307.686 1:.,033,671 l.470,59a 130,788 # 22.5#  $  1,224,675 12,8S4,0:. I 1.s.; .;,888 117 .124# 23.0#  + 7 + 17 + 8 + 12 2  
ROBSTOWN (pop. 10,266)  
Retail aal•  
Automotive stores  -4t  + 5  +  
Postal receipts• . . . . . . . . . . . . . . . . . . . lluiklinir permits, leu federal contracts . Bank debits (thouaanda) ..... . ...... . End-of-month deposits (thousands) i . Annual rate of deposit turnover... .. .  .. $ . .. $ .$ .. . $  7, ii68 22,010 10,003 8,406 14.1  !I + !! + 4 3 +  16 4 + 6 x  48,!l!IR 27.),307 iiS,863 !1 ,086# 12.8#  49,121 272,641 :;9,641 R,529 # 13.9#  + + 8  

AUGUST 1966 
Percent change 

Percentehanae 
June 1965 June 1965 
Jan-June 196& 
June from from Jan-June Jan.June from City and item Jan.June 1984
1965 May 1965 June 1964 1965 1964 
COl{SICANA (pop. 20,344) 
Retail sales 4t + 6 + + Lumber, building material, and hardware stores . 4t + 35 + 10 + 9 
Postal receipts• ... .....$ 18,281 -20 + 6 $ 186,766 • 119,681 + 14 Building permits, le88 federal contracts. .. $ 88,255 -95 -73 s S,448,698 ' 1,886,228 +10& Bank debits (thousands) . .......$ 18,246 2 5 s 121,590 114,248 + e End-of-month deposits (thousands) i. ... $ 22,198 + 6 + 7 $ 21,721# s' 21,081# + a Annual rate of deposit turnover. 10.2 -5 11.1# 10.4# + 7 Nonfarm placements 286 -12 + 7 1,411 1,264 + 12 
CRYSTAL CITY (pop. 9,101) Building permits, less federal contracts. . .. $ 17,798 -50 +197 $ 446,737 $ 157,419 +184 Bank debits (thousands) . . . . $ 3,587 + 8 + 26 $ 19,645 s 17,587 + 12 End-of-month deposits (thousands) i. . ... $ 3,001 + 8 + 17 $ 2,979# s 2,689# + 18 Annual rate of deposit turnover. 14.9 + + 10 18.3# 18.1# + 2 
DALLAS Standard Metropolitan Statistical Area (pop. 1,232,6251 ; Collin, Dallas, Denton, and Ellis2) Building permits, less federal contracts. . .. $ SH,108,779 + 39 + 14 $175,259,060 $194.728,000 -10 Bank debits (thousands) . . ... $ 61 ,478,628 + + 27 $ 
$ + 24 
Nonfarm employment (area) . 531,000 + 1 + 4 528,788# 508,700# Manufacturing employment (area) . 123,12ii + 2 + 7 119,108# 118,811# + 6
+ ' 
Percent unemployed (area) . . . . . . . . . . . . . . . . . . . . 3.5 + 21 8 8.8# 8.6# a 
CARROLLTON (pop. 9,832r) Postal receipts• ....$ 8.476 -13 + 9 $ 55,298 s 44,968 + 28 Building permits, less federal contracts. ...$ 980,700 +614 +521 $ S,020,400 $ 8,119,076 a B11nk debits (thousands) . . $ 6,477 •• + 16 $ 38,683 s 86,116 + 7 End·of-month deposits (thousands) i. .. $ 3,205 •• -8 $ 3,162# s 8,858# -6 Annual rate of deposit turnover .. 24.2 -3 + 24 24.4# 21.8# +u 
DALLAS (pop. 679,684)  
Retail sales  - 5  +  6  +  5  + &  
Apparel stores . Automotive stores  -17 ••  -+  7 11  +  2  -2 + 18  
Drug stores  + 1  - 2  +  + &  
Eating and drinking places .  -1  +  3  1  -2  
Florists  -27  - 26  + 28  +u  
Food stores ....  -1  +  13  +  18  1  
Furniture and household appliance stores .  + 13  +  9  -14  + 1  
Gasoline and service stations .  - 2  +  14  +  + 2  
General merchandise stores . Lumber, building material,  -11  +  +  
and hardware stores . Nurseries  +  21 9  +  4  -1'  
Office, store and school supply dealers Postal receipts• Building permits, less federal contracts R11nk debits (thousands) . F.nd-of-month deposits (thousands) i . Annual rate of deposit turnover .  $ $ .$ $  3,165,672 26, l04,44n 4,80;;,n44 1.404.049 42.0  + -+ + + +  7 4 5;;  3 + 8 + 31 + 26 + + 22  $ 19,512,116 $ 98,449,897 $ 27,819,946 s 1,369,519# 40.4#  $ 18,229,071 $118,198,700 $ 22,460,546 $ 1,882,429# 88.5#  -1 + 7 -18 + 24 + a + 21  

DE:STON (pop. 26,844) 
Postal receipts• . . ..... .......... . .... . 

. .. s 38,134 -23 -18 $ 269,146 s 261,918 + a 
BuildinR' permits, less federal contracts 
$ 1.140,02,; -;,7 -11 $ 7,841,812 $ 6,085,172 +ao 
Bank debits (thousands) . 
. . $ 31,631 11 + 14 195,668 $ 174,998 + 12 
End-of-month deposits (thousands) i 
23.446 + 12 -24 22,342# $ 27,856# -18 
Annu11I rate of deposit turnover . 
17.1 -13 + 35 17.5# 12.8# + 17
Nonfarm placemenh 
224 
+ ' 
+ 
23 -13 1,182 1,098 


E:X:XIS (pop. I0,250r)  
Postal receipts• ............. ... ...... . S Bank debits (thousands) . . . . . . . . . . $ End-of-month deposits (thousands) t $ AnnuR.I rate of deposit turnover .  13.309 6.878 7, 193 11.6  + + +  6 2  + + + +  31 !I  $ $ $  78,018 42,607 7,292# 11.6# s 69,786 $ 89,714 s 7,181# 11.1# + 12 + 7 + 2 +  
220  TEXAS BUSINESS RJCVIEW  

Percent change 
PerC"ent C'hanre 
June 1965 June 1965 
Jan-June 1965
June from 
from 
Jan-June JRn-June from
City and Item 	1965 May 1965 June 1964 
1965 1~•6.fi JAn-Junt" Hl64 
GARLAND (pop. 50,622r) 
Retail ealea .......................... . . . . .... . 

Automotive llt:ores .. . ... .. .. .... . ...... . Poatal receipta• . .. . . . .. ..... . ... . ........ . ....$ Buildinc permits, leas federal contracts . . . S Bank debita (thousands) . . . . . . $ End-of-month deposita (thouaanda) i. . . $ Annual rate of dep<>ait turnover. 
-4t + 23 + 29 
+ 7 
-4t + 28 + SB 
+ 10 
52,204 + 22 $ Sl3,599 s 282,516 + 11 2,569,993 +114 + 23 $ 9,672,585 s 10,522,448 8 34,995 -2 $ 225,355 s 223,626 
+ 
19,342 + + 9 19,193# 17,777# + 8 
22.1 2 -10 23.5# 25.2# 
GRAND PRAIRIE (pop. 40,lSOr) 
Poatal receipta• . . . . . . . . . . . . . . . . ...........$ 30,258 9 -6 s 196,242 178,010 + 10 Building permita, leas federal contracts . $ 501,412 -25 $ 7,137,862 $ 4,194,559 + 70 Bank debita (thousand•) . . . . ...$ 20,878 + + 3 s 119,825 $ 113,182 + 6 End-of-month dep<>aita (thouaand•H. . . ...$ 11,955 + + 3 s 11,369# 11,575# 2
..
Annual rate of deposit turnover. . 	21.4 + 21.1# 19.6# + 8 
IRVING (pop. 60,136r) 
Poetal recelpta• ... ........... . . . . . . . . $ 50,681 .. -16 $ S20,528 $ 282,713 + JS Buiidinc permita, le1111 federal contracts . . .$ 2,612,625 2 -26 $ 13,691.046 s 19,526,906 30 Bank debita (thouaanda) .. ....... . . .$ 40,954 + + 9 $ 240,954 $ 209,725 + 15 End-of-month dep<>aita (thousand•) i. . .. . $ 18,896 5 + 17 18,728# 17,273# + 8 Annual rate of deposit turnover. 25.4 + 3 -3 25.8# 24.1# + 7 
JUSTIN (pop. 622) 
Poatal recelpta• . ... ... ... . $ 778 -3 -2 4,262 4,19S + 2 Bank debita (thousands) .. . . .. . $ 1,187 + 16 -34 6,164 8,427 -27 End-of-month dep<>aits (thouaanda)t. $ 837 + 7 -18 825# 878# -6 Annual rate of dep<>ait turnover........ . . •. . 17.6 + 15 -23 15.0# 19.4# -23 
McKINNEY  (pop. 13,763)  
Retail ealea  
Food llt:orea  . . ..... ......... .  - 4t  1  + 5  - I  
Poetal recelpta•  . . ...... . . ...... .. .. .... .  .$  13,164  9  + IS  $  81,448  s  77,127  + 6  
Buildinc permits, leaa federal contracts . Bnnk deblta (thouaanda) . . ..... . End-of-month deposits (thousands) i . Annual rate of deposit turnover. Nonfarm placements  ..$ .. .. $ ... . $  187,300 12,502 10,227 14.9 114  + + + - 33  +104 + 3 + 5 2 + 52  $ $ $  510,434 73,345 10,657# 13.7# 811  $ s s  795,616 66.505 9,952# 13.3# 697  -36 + 10 + 7 + 3 + 36  

MESQUITE (pop. 27,526) 
Retail ealea  
Eatlnc and drlnkinir places . . . .. . . .. .. . . . Poatal recelpta• .... . .. . .... ...................S Buiidinc permits, leaa federal contracts. $  -St 15,444 843,710  + 11 -20 + 17  + 28 -6 + 69  s $  101,944 4,174,746  s $  91 ,900 3,582,900  + 10 + 11 + 17  
MIDLOTHIAN  (pop. 1,521)  
Buildinc permits, leas federal  contracts.  s  17,500  -25  + 21  154,390  137,030  ...  13  
Bank debits (thouaanda) .  .. . $  1.094  + 14  6,392  6.41S  
End-of-month  dePo•its  (thouaanda) i .  s  1,394  + 1  1,460#  1,868#  +  
Annual rate of deposit turnover.. . .. .  9.5  + 14  8.7#  9.3#  6  

PILOT  POINT  (pop. 1,254)  
Buiidlnc permita, lea• federal contracts . Bank debita (thouaanda) . .... ..... .  . ...$ . $  30,000 1,209  +  +  2  $ $  216,902 7,431  69,85S 6,732  -'-211 + 10  
End-of-month dep<>aits (thouaanda) i . Annual rate of dep<>ait turnover.  $  1,561 9.2  +  +  1,619# 9.llt  1,676# 7.9#  3 + 15  

PLANO (pop. 10,102r) 
38,005 + 22
Poetat recelptae . .. .. .. . .. .. . .. .. . .. . . .... $ 7,345 -16 + 	$ 46,387 s 2,198,496 2,476,494 + 1
Bulldinir permits, leas federal contracts. .. . . $ 527,818 +42o + 
Bank debita (thouaanda) ............ . .... $ 3,812 -8 + 2 24,936 22,976 + 9 
End-of-month depoaita (thouaanda) i. $ 2,940 + + 

2,958 # 2,695# + 10 
... 216.9 # 16.5#
Annual rate of depoalt turnover. .. . 1;,.6 -12 
221
AUGUST 1965 
Percent change Percent change June 1965 June 1965 Jan-June 1966 
June from from Jan-June Jan-June from City and item Jan-June 1964
1965 May 1965 June 1964 1966 1964 
RICHARDSON  (pop. 34,390r)  
Postal receipts• ... Building permits, less federal contracts. Bank debits (thousands) .. End-of-month deposits (thousands) t . . Annual rate of deposit turnover.  .$ .... . $ ... . $ $  46,114 998,968 26,901 12,339 25.3  -+ + + +  6 12 11 10  + -+ + -­ 13 23 2 16 12  $ $ $ $  269.811 6,705,781 147,455 12,444# 22.9#  $ 244,872 $ 11,534,988 $ 133,906 $ 10,260# 26.2#  + -+ + - 10 42 10 21 18  

SEAGOVILLE  (pop. 3,745)  
Postal receipts• .. . .....$ Building permits, less federal contracts . .$ Bank debits (thousands) . . . ..... $ End-of-month deposits (thousands) t . $ Annual rate of deposit turnover .  4,954 62,236 3,061 l,776 19.9  -- 4 59 12 7 7  + 40 +534 + 2 -14 + 8  $ $ $ $  29,796 298,440 20,777 1,875# 21.3#  $ $ $ $  22,291 205,131 18,086 1,822# 19.8#  + + + + +  84 46 16 8 8  

WAXAHACHIE  (pop. 12,749)  
Po•tal receipts• .  ..... .. ...  .$  13,350  - 44  ••  $  123,734  $  125,620  - 2  
Building permits, less federal  contracts . . ... . .. $  103,621  +  91  + 85  $  785,249  $  1,328,374  -41  
Bank debits  (thousands) .  $  11,170  9  - 3  $  69,490  $  67,032  + 4  
End-of-month  deposits  (thousands) t .  . ....$  9,112  - 1  -10  $  9,798#  $  9,988#  -2  
Annual rate of deposit turnover. Nonfarm placements  14.6 120  -+  5 36  + 6 +253  14.0# 474  13.1# 269  + 7 + 76  

DAYTON  (pop.  3,367)  
Postal receipts• ... . $ Building permits, less federal contracts . ...... . . $ Bank debits (thousands) . $ End-of-month deposits (thousandsJi . .. . $ Annual rate of deposit turnover.  2,763 81,565 3,637 2,957 14.4  13 9 6  -1 +662 + 6 -11 + 19  $ $ $ $  17,892 414,634 22,531 3,698# 12.1#  $ $ $ $  17,617 66,933 21,680 8,661# 12.0#  + 2 +629 + + +  

DEER PARK: see HOUSTON SMSA 
DEL RIO  (pop. 18,612)  
Retail salee  
Lumber, building material,  
and hardware stores .  - 4t  - 20  + 44  +  56  
Postal receipts•  .....$  16,408  - 12  - 6  $  97,666  $  91,901  +  6  
Building permits, less federal  contracts. .... ... . $  78,674  +  7  -27  $  683,307  $  1,269,508  - 46  
Bank debits  (thousands) .  $  15,790  2  + 25  $  84, 728  $  74,667  +  14  
End-of-month  deposits  (thousands) t .  $  16,668  +  +  10  $  16,597#  $  16,127#  +  8  
Annual rate of deposit turnover .  11.6  + 15  10.9#  9.9#  +  10  

DENISON  (pop.  25,766r)  
Retail •alee  
Apparel •tores  .  . . . . . . .. ..  - 14t  - 1  6  
Automotive  stores  - 4t  +  24  +  19  +  
Postal receipt.a•  $  25,110  +  1  $  143,610  $  135,603  +  
!lank debits  (thousands) .  $  18,663  +  8  $  109,482  $  112,611  
End-of-month deposits (thousands) t . Annual rate of deposit turnover.  $  16,526 14.1  +  1  +  $  15,500# 14.1#  $  15,304# 14.8#  + 1 6  
Nonfarm plaoements  164  2  -42  954  1,176  -19  

DE!llTON: see DALLAS SMSA 
DONNA (pop. 7,522)  
Postal receipts• .. ... . . . . .. lluilding permits, !es• federai ·~o~i"r~.c~· . Bank debits (thousands) . . . . . . ... . . End-of-month deposits (thousands) t Annual rate of deposit turnover  $ . .$ $  3,783 41.900 2.847 3,349 10.1  + 2 +129 + 17 -2 + 20  + 26 + 40 + 16.. + 15  $ $ $ $  23,670 98,325 14, 731 3,544# 8.3#  $ 21,887 $ 127,305 $ 14,799 $ 3,479# 8.4#  + 8 -28 •• + 2 -1  
222  TEXAS BUSINESS REVIEW  

Percent change 
Percent ('hllnsre June 1965 June 1965 
J Rn· J unt> Hl6;iJan-June J an-June from 
June from from 
City and Item 1965 May 1965 June l!l64 
l!l6ri 
l!l64 J a.n.Juni· 1!'64 
DUMAS (pop. 10,547r)  
Postal receipts• ... . ................. . . s Building permits, less federal contracts . .. .. .. .s Bank debits (thousands) . . ....$ End-of-month deposits (thousands)t. $ Annual rate of deposit turnover.  7,143 151,400 10,280 11,397 10.9  --+  19 61 8 7  + + +  17 18 26 8  $ $  48,057 1,664,226 70,366 11 ,155# 12.7#  $ $ $ s  43.910 1,524,916 53,609 9,715# 10.9#  + + + + +  9 9 SI 15 17  

EAGLE PASS (pop. 12,094)  
Retail sales  
Gasoline and service stations . Postal receipts• .... . ..... . .... .. $ Building permits, leas federal contracts . .. $ Bank debits (thousands) . ...$ End-of-month deposits (thousands ) i . $ Annual rate of deposit turnover . .. . . . . .. ... .  + It 9,1 69 38,795 5,591 4,530 15.4  ----+ - 7 3 80 11 8 10  + + -+ + +  1 10 24  $ $ $ $  55.819 .>81.177 37.115 4,539 # 16.3#  $ $  48,283 609,329 34,004 4,479 # 15.1#  + + + +  16  

EDINBURG (pop. 18,706)  
Postal receipts•  .... . .......... . . . . . . . . . . . . .. . .$  12,990  - 8  + 20  81,442  s  73,197  +  11  
Buildini' permita,  less federal  cont racts . . .. . . . . .$  11 4,625  +  40  -20  873, 165  $  82 4,215  +  
Bank debits  (thousands) .  .$  14,525  1  + 3  96,924  s  90,247  +  7  
End-of-month  deposits  (thousands ) i .  ....$  9,302  +  2  + 11  10,290#  9,516#  +  8  
Annual rate of deposit t urnover.  18.9  +  3  4  18.9#  19.1#  
Nonfarm placement..  . .. . . . . .. .. . . . . . . . . . ...  316  +  71  8  1,302  1.769  - 26  
EDNA (pop. 5,038)  
Postal recelpta•  .. . . . . . ........ . . . ...  .. $  7,144  +  37  + 9  34,957  32,812  +  7  
Building permit..,  less federal  contracts . . .. ..  s  8,050  - 70  + 173  $  206,713  $  407,1 61  - 49  
Bank debits  (thousands) ...  . .$  5,631  +  12  + 19  $  33,731  $  30.733  +  10  
End-of-month  deposit..  (thousands) i  $  5,994  $  6,616#  $  6.532#  +  1  
Annual rate of deposit  turnover .  11.2  +  15  + 22  10.0#  9.2#  +  9  

EL PASO  
Standard Metropolitan Statistical Area  
(pop. 339,2401 ;  El Paso2 )  
Building perm its,  less federal  contracts.  ... $ 4,739,582  - 6  + 15  $ 31,542,437  $ 23,729,636  + 33  
Bank debits (thousands) . Nonfarm employment (area ) .  $ 4,719,084 95,100  - 6. 
 + +  $  94 ,383#  $  92.367#  + 4 + 2  
Manufactur ing employment  (area) .  16,750  +  16,:;38#  15,673#  + 6  
Percent  unemployed  (area) .  4.8  + 14  9  4.9#  5.4 #  9  
EL PASO (pop. 276,687)  
Retail sales  ..  - 4t  + 5  + 10  
Apparel stores ........ .. .  - 14t  - 20  2  + 1  
Automotive  stores  4t  + 8  + 8  + 21  
Drug stores . . . Food stores . . .  - 7t 4t  12  + 3  + 1 ••  
General merchandise stores....... .. . .  19t  +  +  8  + 4  
Lumber, building material,  
and hardware stores . . . .  4t  +  14  18  
Building permit.., less federal contracts. Bank debits (thousands) .. .. ... ... . End-of-month deposits (thousands) i . Annual rate of deposit turnover . .  $ .... .$ $ 4.739,582 365,309 194,230 23.2  +  11 8  + 16 + 5 -4 + 11  $ 31. 485,637 $ 2,375,674 $ 199,9!!6# 23.7#  $ 23.697,571 $ 2,277,%:; $ 202,754# 22.6#  + 33 + +  

ENNIS: see DALLAS SMSA 
EULESS: see FORT WORTH SMSA AUGUST 1965 
Percent change 
P-tu.aa 
June 1965 June 1965 
Jan-J11nelM1
June from from Jan-June Jan-June from City and item Jan-June 1914
1965 May 1965 June 11764 1965 1984 
FORT STOCKTON (pop. 6,373) Postal receipts• ..... . ...... ......... 7,668 •• + 21 $ 42.180 86,718 + 18
• 44,750 +251 -27 $ 468,676 •• 888,260
Building permits. less federal contracts. ........$ + lt BRnk debits (thousands) . .. $ 6,445 -4 + 86,892 82,997
• • + 7 
6,621 + 1 + 8 $ 7.018# Annual rate of deposit turnover. 9.9 •• + 2 10.0# 9.7# + •
End-of-month deposits (thousands) i. ....$ 	• 8,780# + 4 
FORT WORTH 
Standard Metropolitan Statistical Area (pop. 603,4471 ; Johnson and Tarrant2) 
Building permits. less federal contracts . . ..... $ 13,276,870 + 49 + 84 BRnk debits (thousands) . . ......... .. $ 12,860,100 + s + 12 Nonfarm employment (area) . 237,500 •• + 2 
Manufacturing employment (area) . 61,950 + + 5 Percent unemployed (area) . 3.7 + 23 
ARLINGTON (pop. 53,024r) 
Retail aales -4t + 28 + 22 Apparel stores -14t -20 + 19 Lumber, buildinir material, 
and hardware stores. -4t + 13 + 17 Postal receipts• ... ..... ..... . . ..... .. $ 76,635 8 + 14 Building permits, less federal contracts . . $ S,108,249 + + 71 $ 69,388,952 $ 
236,533# 
60,796# 
3.6# 
$ 466,662 $ 14,160,230 
• 60,618,924 $ 228,788# 57,526# 4.0#  I + t + + •• -10  
+ 11 + 11  
• 416,861 s 11,240,884  + 10 + 11 +II  

CLEBURNE (pop. 15,381) 
Postal receipts• ........ .. . . . . .... .......... ...S 16,281 -19 + 3 $ 104,078 98,740 + I Building permits, less federal contracts. . .. .$ 877,198 +741 +588 s 1,523,102 •• 909,527 + 87 Bank debits (thouaande) . . . . . $ 13,605 + 9 + 7 $ 80,766 77,194
• + 
End-of-month deposits (thousands) i. . . . . $ 12,841 + + $ 12,566# $ 12,470# + Annual rate of depoait turnover. 12.9 + 8 + 12.8# 12.8# + 
EULESS (pop. 10,500r) 
Postal receipts• ... .. . .. ...... . ....$ 8,061 + 17 + 30 $ 42,562 40,057

• + •
Building permits, less federal contracts . .$ 231,340 +111 -75 $ 1,632,492 $ 8,208,810 -41 Bank debita (thousands) .. ....$ 6,425 + 13 + $ 85,623 27,967 + 17 End-of-month deposita (thousands) i. . ... $ 2,570 + 4 + 15 $ 2,426# • 2,470# -I Annual rate of deposit turnover. 30.6 + 8 + 29.2# 22.6# +It
• 
FORT WORTH (pop. 356,268) Retail aales Apparel stores . . . Automotive stores . Drug stores Eating and drinking places . 
Florists Food stores Furniture and household appliance stores . 
Gasoline and service atationa . General merchandise stores . Lumber, building material, 
and hardware stores .. ............ . . 

Postal receipts• .. ........... . 
Huil<ling permits, less federal contracts . 
BRnk debits (thousands) . . . . . . ..... . 
End-of-month deposits (thousands) t. 
Annual rate of deposit turnover. 

$ 
s 
$ $ 
-	11 
-15 3 
+ 
-	25 
-2 
837,271 5,475,830 1.008,474 
411,592 
29.3 
+ 1 -4  +  3 ••  
+ 17  +  13  
+  +  11  
- 2  +  8  
-26..  + +  9 8  
-11  - 26  
+ 6  +  3  
-13  - 8  
+ 11  - 18  
-13  - 3  $ 5,649,575  
+ 43  +  29  $ 26,991,220  
+ 11  +  11  $ 5,609,241  
- I  - 2  $  415,276#  
+ 12  +  11  26.9#  

• 6.400.797 
• 	28,684,000 5,226,667 
414,680# 26.1# 
+ 	•
+ 	
I 

+ 	
8 


+ + + 11• 
4 
I 
+ 
+ 11 + -•9 
+ 	
7 

+ 	
7 


GRAPEVINE (pop. 4,659r) 
Postal receipts• . . . $ 
4,803 -9 + 17 30,789 28,167 +u 
Building permits, less federal cont",~~~ .. ... ... .$ 
61,898 +250 
-	19 •s 425,068 s• 808,878 +•
S..nk debits (thousands) . . . . . . . . . . . . . . $ 
4,222 .. + 12 s 24,478 21,059 +H 
End-of-month deposits (thousands) i .. s 
3,456 + -3 s 8,450# s• 1,118# + 4
Annual rate of deposit turnover . . 
lo.I 	+ 14 14.2# 1!.11# +n 
Percent change 
Percent <"han~ 
June 1965 June 1965 
J An·J unt• l ~l6;";
June from from 
J an-June Jan.June from 
City and Item 1965 May 1965 June 1964 
1~l65 
1!164 J Rn·J unt• I!l6-l 
NORTH  RICHLAND  HILLS  (pop. 8,662)  
Buildin&' permits, leaa federal contracts. Bank debits (thouaands) . .. .. .. . .... End-of-month deposits (thouaands) i . Annual rate of deposit turnover.  s ... . $ . . .. $  253,642 7,585 4,051 21.8  + +  48 4 6  -+ + +  21 19 8 8  $  1,528,651 H,684 4,370# 20.5#  $ $ $  1,895,713 33,979 3,670# 18.7#  + + +  19 32 19 10  

WHITE  SETTLEMENT  (pop. 11,513)  
Buildln&' permits, less federal contracts . Bank debits (thouaands) . End-of-month deposits (thouaands) i . Annual rate of deposit turnover.  .s ... . $ $  262,720 1,637 1,277 15.8  +  14  +239 +145 + 53 + 55  $ $  698.998 ~.321 1.144# 16.;i #  602.417 2,1 52 433# 3.3#  + 16 +SSS +164 +400  

FREDERICKSBURG (pop. 4,629)  
Retail sales  
Drug atores  . . ... . . . . . ... . .  - 7t  - 2  +  7  +  10  
General merchandise stores . . . . . . . . . . . . ..  - 19t  - 5  +  18  +  20  
Postal receipts•  ..... ... .... . ...  . s  6,018  - 27  - 14  $  44,194  $  40,582  +  9  
Building permits, less federal  contracts .  . . .. $  25,530  - 37  - 66  s  367,540  $  296,140  +  24  
Bank debits  (thouaanda) .........  . ...  $  10.086  +  +  8  58,652  $  54,006  +  9  
End-of-month  deposits  (thousands>i.  . .$  8,990  +  - 4  8,748#  $  9,029#  - a  
Annual rate of deposit turnover.  13.7  +  12  13.3#  11.9#  +  12  

FRIONA (pop. 3,049r)  
Building permits, less federal contracts. Bank debits (thousands) . . . . . . . . . . . . . . . . End-of-month deposits (thousands) t . Annual rate of deposit turnover .  ...$ s . $  19,400 5,908 4,753 14.6  -+ -+  22 7 5 13  -+ +  81 17  $  368.600 43,684 5,557# 15.2#  $  577,840 40,906 6,620# 12.0#  -+ -+  S& 7 16 27  

GAINESVILLE (pop. 13,083)  
Retail sales Drug atora ........... Furniture and household appliance stores . Postal receipts• . .... $ Building permits, less federal contracts . . . $  -7t -3t 16,330 110,800  -+ -- 2 23 4 81  -+ + +  3 15 21 28  $ $  96.852 l.51V.030  $ $  90,874 1,495,915  + + + +  2 19 2  

GALVESTON-TEXAS CITY  
Standard Metropolitan Statistical Area (pop. 149,4051 ; Galveston2 ) Building permits, lesa federal contracts . .... $ l,569,023 + 80 -55 Bank debits (thousands) . ....$ 1,967,196 + 5 + 6. . . . . . . . . . . Nonfarm employment (area) . 56.100 + + Manufacturing employment (area) . 10,910 + 4 + Percent unemployed (area) .. 5.5 + 10.. . .. ........... . .  $ $  6,889.541 55.483# 10.490# 5.2#  $ 10.975,469 $ 55,133# 10,538# 5.4#  -37 + 4 + 1 -4  
GALVESTON (pop. 67,175) Retail sales . . .. . .. ... ..... . . . ... -4t.. ............ Apparel 1tores . . .... . . . -14t Automotive atores 4t.. Food 1tores . . ....... ..... . . . -4t... . ... ... Furniture and household appliance stores . -3t Postal receipts• .. $ 103,739 Building permits, less federal contracts. $ 1.074.921 B1mk debits (thouaanda) ..... . . . $ 110.416 End-of-month deposits (thousands) t . $ 62.445 Annual rate of deposit turnover . 22.0  -20 + 6 -1 -10 -9 +102 + 6 + +  + 11 + 17 + 6 4 -­33 -61 + 6 3 + 10  $ $  668.7-18 3, l :>8,864 617.401 60.066# 20.ii#  678.300 6,83T>.~18:? fi00,77!1 61.47!1# in.&#  + + + 6 + 10 + 6 -1 .).t + 3 +  

LA MARQUE (pop. 13,969) 
61.598 + 9
67,33 1 
Poatal receipta• .... .. .. . . . . . . . . . . . . . . . . . . . $ 11 ,71 3 -3 + 13 $ + 1 
+ ) ;) + !17 ~ l.143.6-10 l.l28.374 
Building permits, lea• federal contracts. .... $ 145,242 
6a,066
s fi3,!162
Bank debita (thouaand1) . $ !1,712 ...
6.076#
fi,120~
End-of-month deposits (thousands) i. 6. 136 + ~ 
21.7#
:!O.!' :t: 
!I +
Annual rate of deposit turnover. 19.3 
225
AUGUST 1965 
Percent change  Percent chanae  
City and item  June 1966  June 1965 from May 1965  June 1~65 from June 1964  Jan-June 1965  Jan-June 1964  Jan-June 1966 from Jan-June 1964  
TEXAS CITY (pop. 32,065) Retail sales Automotive stores Postal receipts• Building permits, less federal contracts . Bnnk debits (thousands) .. End-of-month deposits (thousands) t . AnnuRI rRte of deposit turnover.  ..... . $ .. $ ....$ ...$  -4 30,441 348,860 26,230 13,810 22.9  + 6 + 5 + 62 + + 3  + 16 + 18 -46 + 8 -9 + 20  $ $ $ $  173,712 2,687,037 183,406 16,809# 22.9#  $ 163,041 $ 3.011,613 $ 163,677 $ 16,414# 20.0#  + 9 + 7 -14 + 19 + a + 16  

GAIU.AND: see DALLAS SMSA 
<:ATESVILLE (1>op. 4,626) Postal receipts• .. . $ 5,786 -13 + 19 $ 34,911 $ 34,101 + Rnnk debits (thousands). . . . $ 6,127 -1 + 7 $ 35,453 $ 34,278 + End-of-month deposits (thousands) t. $ 6,479 + 3 + 3 $ 6,424# $ 6,002# + Annual rate of deposit turnover . 11.5 •• + 2 11.0# 11.4# 
GEORGETOWN (pop. 5,218)  
Postal  receipts•  ...... ....$  6,630  -21  + 16  $  41,297  $  36,968  + 12  
Building permits, less federal  contracts .. .. . .. .. $  2,124,935  $  2,731,995  $  260,060  +961  
Rank  debits  (thousands) .  . .$  6,257  + 16  + 38  $  32,078  $  30,228  + 6  
End-of-month deposits (thousands) t  .$  6,341  + 6  + 15  $  6,007#  $  6,614#  + 9  
Annual rate of deposit turnover.  12.2  + 14  + 23  10.8#  11.0#  2  

GIDDINGS  (pop. 2,821)  
Postal receipts•  . . .. . . . $  5.100  + 45  + 27  $  25,334  $  23,849  + 9  
Building permits, less federal  contracts .  . . $  28,000  +193  + 38  $  100,725  $  140,675  -28  
Bank debits  (thousands) .  $  3,751  +  +  9  $  20,867  $  20,366  +  
End-of-month  deposits  (thousands) t .  . . . $  4,263  + 3  + 3  $  4.188#  $  4,089#  +  
Annual rate of deposit turnover .  10.7  + 3  +  9.9#  10.0#  

GLADEWATER (pop. 5,742)  
Postal receipts•  ...$  7,342  + 13  $  46,636  $  42,732  + 9  
Building permits,  less federal  contracts .  $  68,190  +413  $  179,665  $  200,868  -11  
Bank debits  (thousands) .  . $  4,189  + 2  + 13  $  26,223  $  23,601  + 12  
End-of-month  deposits  (thousands) t .  $  4,737  +  + 17  $  4,548#  $  8,888#  + 18  
Annual rate of deposit turnover . Nonfarm employment (area) .  10.9 31,300  2 ••  -3 + 7  $  11.4# 30,933#  $  12.2# 28,942#  -7 + 7  
Manufacturing employment  (area)  7,590  + 2  + 21  $  7,278#  $  6,980#  + 22  
Percent  unemployed  (area) .  . ... . ...... . . .. .  4.0  + 29  -11  3.7#  4.7#  -21  

GOLDTHWAITE (pop. 1,383) Postal receipts•  .$  2,344  +  ••  $  14,497  $  18,669  +  
Bunk debits  (thousand•) .  .. . $  4,520  5  + 19  $  23.229  $  25,599  
End-of-month  deposits  (thousands) t .  ......$  6,145  +  3  + 10  $  5.780#  $  5,539#  +  
Annual rate of deposit turnover.  9.0  7  + 10  8.1#  9.8#  -18  

GHAHAM  (pop. 8,505)  
Hetail sales  
Apparel stores .  - 14t  - 9  + 6  + 8  
Po!\tRI receipts• ... .. ...$ Building permits, less federal contracts . $ Bank debits (thousands) . $ En1l-of-month deposits (thousands) t . $  10,228 fi0,155 10,179 11,129  4 + 20 + 8 + 13  -10 +191 + 2 + 8  $ $ $ $  55,897 286,707 58,679 10,068#  $ $ $ $  54,907 77,230 55,503 10,104#  + 2 +271 + 6..  
AnnuRI rate of deposit turnover .  11.7  + 2  2  11.7#  lo.9#  + 7  

GIL\:\Rtrrff (pop. 2,227) 
Pm:itRI reC'eiptsl) 
.$ 2,874 11 16 $ 22,039 $ 24,099 
Bank debits (thousands) . 
. .. $ 1.686 + + 13 $ 10,302 $ 9,567 + 8 
End-of-month deposits (thousands) t. 
$ 2,171 + + 3 $ 2,228# $ 2,066# + 8 
Annual rnte of deposit turnover. 
9.4 + + 9 9.2# 9.8# 
Gl{A~D PRAllUE: see DALLAS SMSA 
GHAPEVI~E: see FOnT WORTH SMSA 
HALE CE:'.'ITER (pop. 2,296r)  
PostRI receipta•  . $  1,838  - 26  -22  $  12,812  $  13,077  - 2  
Building permits, less federal contracts Bank debits Ithousands) End-of-month deposit& (thousands) t . Annual rate of deposit turnover _  $ $ $  73,260 2,274 3,534 7.8  +  ** 10 2 8  +221 16 7  $ $ $  153,150 20,625 4,191# 9.3#  $ $ $  75,751 23,271 4,659# 9.3#  +102 -11 -10 ••  

Percent change 
Perc-ent rhance 
June 1965 June 1965 
Jan-Jun• 1~65
June from irom 
Jan-June Jan-June from
City and Item 	1965 May 1965 June 1964 
1965 1964 Jan-Jun•• 1!164 
GREENVILLE (pop. 22,134r) Retail sales Drug atores .... ......... .. ... . Postal receipts• ..... ... .... . $ Building permits, less federal contracts. . . . $ Bank debits (thousands) . .. . $ End-of-month deposits (thousands) i. $ Annual rate of deposit turnover. Nonfarm placements . . . . .. .. ... .. . 
-7t 
29,019 148,065 18,582 15,279 
15.2 156 6 
+ 
16 

+ 	
1 

+ 	
8 5 

+ 
16 


5 
+ 
17 169,894 s 159,821 -49 1,813,421 s 1.429,660 + 14 $ 109,202 s 98,607 

+ 
9 $ 14,533# s 13.862# 

+ 
7 15.1# 14.2# 


+ 
+ 	6 
+ 
27 

+ 
11 


+ 	5 
+ 6 -14 
HARLINGEN: see BROWNSVILLE-HARLINGEN-SAN BENITO SMSA 
+ 
678 788 


HENDERSON (pop. 9,666)  
Postal receipts•  . .. . .... .. .... ... .  .$  11,099  -16  -13  74,856  73,427  +  
Building permits, less federal  contracts .  .. . $  26.785  -65  
Bank debits  (thousands) .  $  7,744  3  9  s  49,644  $  47,271  +  
End-of-month  deposits  (thousands) t .  19,129  + 3  + 9  s  18,684#  s  17,775#  +  
Annual  rate of deposit turnover .  4.9  - 4  16  5.3#  5.3#  
HEREFORD (pop. 9,584r)  
Postal receipts• .... .... ... .  ... . . . . $  12,142  -13  -24  s  74,456  s  74,874  - 1  
Building permits, less federal  contracts .  s  290,250  13  -21  s  3,254,010  s  2.122,600  + 53  
Bank debits  (thousands) ....  ....$  18,731  + 6  -14  $  127,351  s  141,067  -10  
End-of-month  deposits  (thousands) t .  .s  13,927  + 1  $  16.158#  s  15,969#  +  
Annual rate of deposit turnover .  16.2  + 29  -12  15.4#  17.4#  -11  

HOUSTON 
Standard Metropolitan Statistical Area 
(pop. 1,373,8721; Harris2) 

Building permits, less federal contracts.... .... . S 28,634,635 + 21 + 25 $164,739,290 $179,707,490 -8 Bank debits (thousands) ... .. . . . $ 53,235,708 + 2 + 17 + 11 Nonfarn1 employment (area) . 591,200 + 2 586,500# 574,083# + 2 
Manufacturing employment (area) . 107,700 + 1 + 9 105,717# $ 97,267# + 9 Percent unemployed (area) . . . . . . . . . . . 3.2 + 28 -22 S.1# 3.9# -21 
BAYTOWN (pop. 38,000r) Retail sales 4t + 2 + 8 + 4 Automotive stores ....... .. . . 4t + 9 + 11 + s Food storea .. 4t 3 + 5 + 6 Poot.al receipts• . .. . .. . .....$ 35,662 + 15 213.405 198,o99 + 8 Building permits, lees federal contracts . . . .. $ 885,781 +254 +136 $ 2,296,472 3,510.103 -35 Bank debits (thousands) . $ 34,269 + 3 + 9 $ 210,825 $ 195,352 + 8 End-of-month deposits (thousands) t. . . . . $ 27,683 3 + 1 $ 28.202# 
$ 28,795# 
Annual rate of deposit turnover . 	14.7 + 4 + 9 15.0# 13.6# + 10 
BELLAIRE (pop. 21,182r) 
Postal receipts• ..... . . .. ... . . $ 42,937 15 $ 261,822 $ 245,633 + 

$ 367,410 + 52
Building permits, less federal contracts . .. . $ 109,999 -23 -40 $ 557,726 
+ 22 130,169 s 113,072 + 15
Bank debits (thousands) ...... . ... . $ 23,152 + 2 13.601# s 11.832# + 15
End-of-month deposits (thousands) t. . s 13.452 3 + 12 
..
19.1# 19.1#
Annual rate of deposit turnover . 	20.3 + 2 + 
DEER PARK (pop. 4,865) 
+ 19 s 43,152 $ 39,284 + 10
Postal receipts• . 	. ...$ 8,971 + 15 
s 1,367,997 s 2,282.423 -40
Building permits, less federal contracts. $ 435,000 + 76 + 15 
$ 31,603 $ 28,233 + 12
Bank debits (thousands) . .. $ 4,933 3 + 
+ 24 $ 2,699# 2,360# + 14 
End-of-month deposits (thousands) t .$ 2,764 + 
-):; 23.4# 22.9# + 2 
Annual rate of deposit turnover . 	22.2 8 
HOUSTON (pop. 938,219) 
Retail salea .... ...... .. . -5 Apparel atorea .. . -18 Automotive stores .. . .... .. .. .. . . + 2 Drug stores 9 Eating and drinking placa.. Food stores .. .. .. . . . ...... . . Furniture and household appliance stores . General merchandise stores . 10 
Liquor stores + Lumber, building material, 
and hardware stores. Postal receipts• . . . s 2,267,127 Building permits, less federal contracts . s 25,470,129 Bank debits (thousands) . s 4,230,465 End-of-month deposits (thousands>i . . s 1,65.),318 Annual rate of deposit turnover. 31.5 
+ 	8
+ 	3 + 10 
+
13 + 7 
+ 19
+ 	8 + 19 
+
+ 	5 
+
+ 	3 
+
+ 
+ 18
+ 17 + 
+ 	5
+ 	
2 + 14 


+ 	9
+ 12 
+ 15
+ 
2.5 + 18 

s 13,057,665 + 6 
6 + 4 s 13,868.383 
$157,833.470 7
+ 21 + 2!1 $146,097.600 
s 21,990,475 + 13
s 24. 7a4,428 
+ 17
+ 
~ 1,631.038:tt s 1,522,571 # + 7 
+ + 
28.8# +
30.2#
+ 	4 + 12 
AUGUST 1966 
Percent change Percent cbann 
June 1965 June 1965 Jan-June 1966 
June from from Jan-June Jan-June from City and item 1965 May 1965 June 1964 1965 
1964 Jan-June 196' 
HUMBLE  (pop. 1,711)  
Postal receipts• ·········· Building permits, less federal contracts .  .. $ ....$  3,849 500  -11 ••  + - 22 98  $ $  24,092 189,200  $ $  22,740 1,449,140  + 8 -87  
Bank debits (thousands) . . . . . . . . . .. ... $ End-of-month deposits (thousands) t . .. $  3,904 3.691  4 + 2  + +  15 12  $ $  28,870 8,666#  $ $  28,209 8,282#  + 1 + 12  
Annual rate of deposit turnover. ........ . .  12.8  6  +  2  12.8#  14.2#  -10  

KATY (pop. 1,569) Postal receipts•  .....  2,952  +  1  + 9  $  16,556  $  14,795  + 12  
Building permits,  less federal contracts.  ...$  66,000  +  36  -20  $  689,966  $  482,165  + 80  
Bank debits  (thousands) .  . . ... .. . .. $  2,384  6  + 16  $  14,928  $  13,261  + 18  
End-of-month  deposits  (thousands) t .  .$  2,452  7  + 8  $  2,906#  $  2,500#  + 18  
AnnuRI rate of deposit turnover.  11.3  +  4  + 7  10.2#  10.4#  -2  

LA  PORTE (pop. 7,250r)  
Building permits,  less federal  contracts.  .. $  98,000  18  - 23  $  635,000  $  1,412,400  -66  
Bank debits  (thousands) .  .. $  3,854  +  7  - 20  $  24,317  $  28,408  -14  
End-of-month  deposits  (thousands) t . . ....... . . $  2,469  +  - 12  $  2,598#  $  2,877#  -10  
Annual rate of deposit turnover .  19.1  +  11  - 7  18.3#  19.7#  -7  

PASADENA  (pop. 58,737)  
Retail sales  .... .. ... . ... ·· ···· ···· ··· ·  - 4t  +  6  + 22  + 18  
Apparel stores  - 14t  - 9  - 5  + 12  
Automotive  stores  - 4t  +  10  + 31  + 27  
Postal receipts•  .  .  $  50,704  - 12  + 4  $  819,729  $  282,801  + 18  
Building permits. less federal  contracts . .  $  978,600  - 31  -25  $  8,886,050  $  8,167,848  + 9  
Bank debits  (thousands) .  .. . $  60.242  +  $  378,937  $  886,988  + 12  
End-of-month deposits (thousands) t . Annual rate of deposit turnover.  . ...$  31,280 23.8  +  ••  + +  $  31,694# 23.8#  $  80,825# 22.8#  + 6 + 7  

SOUTH  HOUSTON  (pop. 7,253)  
Postal receipts•  ....  $  7,741  - 15  - 5  $  61,348  $  47,172  + 9  
Building permits, less federal contracts . . .$ Bank debits (thousands) . . ........ ....$ End-of-month deposits (thousandslt .. . . $  75,440 7,922 5,596  + +  16 3 ••  + + +  85 20 2  $ $ $  452,261 44,987 5,536#  $ $ $  941,906 88,802 6,024#  -62 + 17 + 10  
Annual rate of deposit turnover.  16.9  - 1  +  12  16.3#  15.5#  +  

TOMBALL (pop. 2,025r) Bank debits (thousands) . . . . . . . .. .. . .$ 7,222 + -17 $ 44,696 $ 49,580 -10 End-of-month deposits (thousands) t. .. . $ 5,571 .. + 8 $ 6,002# $ 6,781# + 4 Annual rate of deposit turnover. 15.6 + -20 14.9# 17.8# -14 
HUMBLE: see HOUSTON SMSA 
HUNTSVILLE (pop. 11,999)  
Postal receipts•  .. . . . . .. . . .... . .  $  11,208  -34  -28  $  88,422  $  88,988  + 6  
Building permits, less federal  contracts .  $  86,510  -42  -89  $  363,610  $  1,184,021  -88  
Bank debits (thousands) .  $  9,162  + 4  + 9  $  53,411  $  51,141  + ' 
End-of-month deposits (thousands) t . Annual rate of deposit turnover. . . . . . . . . . . . ..  $  10,253 11.4  + 14 -1  + 14 ••  $  9,797# 11.0#  $  9,508# lG.7#  + 8 + 8  

IOWA PARK: see WICHITA FALLS SMSA 
IRVING: see DALLAS SMSA  
JACKSONVILLE (pop. 10,509r)  
Retail sales  
Automotive  stores  - 4t  + 43  + 27  -1  
Postal receipts• Building permits, leas federal  . . . . . . . . . . .... contracts .  $ $  17.529 514.700  -30  -10 +146  $ $  121,474 1,018,350  $ $  115,858 604,264  + 6 + 88  
Bank debits (thousands) . End-of-month deposits (thousands) t . Annual rate of deposit turnover.  $ $  13,713 11,252 15.3  + 3 + 10  +  6 7  $ $  88,176 10,760# 16.4#  $ $  79,688 9,717# 16.5#  + 4 + 11 7  
JASPER (pop. 5,120r)  
Retail sales ···· · ········ ·· ·· · ··· · · · · ·· Automotive stores Postal receipts•  . ..... . $  -4t -4t 8,809  + 2 +  + 2 •• ..  $  52,422  $  50,200  + + + 4  
Building permits.  less federal  contracts  $  10,250  89  -90  $  283,572  $  958,290  -70  
Bank debits  (thousands) .  $  10,170  - 1  $  65.242  $  64,468  + 1  
End-of-month deposits (thousands) t Annual rRte of deposit turnover.  $  8,365 14.4  3  10 + 7  $  8,344# 15.7#  $  8,862# 14.6#  6 + 8  
JUSTI!IJ: see DALLAS SMSA  

KATY: see HOUSTON SMSA 
Percent change  Percent change  
City and item  June 1966  June 1965 from May 1965  June 1966 from June 1964  Jan-June 1965  Jan-June 1964  Jan-June 1965 from Jan-June 1964  

KERMIT (pop. 10,465)  
Retail aales  
Drug  stores  7t  - 6  + 11  + 14  
Lumber, building material,  
and hardware  stores... . . . . . . .. . . .. .  4t  + 13  + 10  -29  
Poatal receipta•  ...................... ... ......S  6,742  -19  + 5  $  47,455  s  48,575  - 2  

KILGORE (pop. 10,092)  
Pot1tal receipta•  .......... .  ..$  13,864  - 6  -14  $  87,004  s  90,334  - '  
Building permits, less federal  contracts .  .. . s  568,750  +362  +131  s  1,682,528  $  679,916  +147  
Bank debita (thouaands) .  . ..... s  11,332  -15  s  74,391  $  72,963  + 2  
End-of-month  depoaita  (thouaanda>t .  .. .  $  13,286  + 5  + 4  $  13,083#  s  12,818#  + 2  
Annual rate of deposit turnover.  10.5  -17  9  11.4#  11.4#  
Nonfarm. employment  (area) .  31,300  +  $  30,933#  s  28,942#  + 7  
Manufacturing employment  (area) .  7.590  + 2  + 21  7,278#  s  5,980#  + 22  
Percent unemployed  (area) ... .. ............ . .  4.0  + 29  -11  3.7#  4.7#  -21  

KILLEEN (pop. 23,377)  
Postal receipta•  . . . . . . . . . . .  . . . . . . . . . .  . . . . S  37,921  -18  + 12  $  271,888  s  246,190  + 10  
Building permita, less federal  contracts.. .. .. . .. S  1,662,128  +125  +247  $  5,840.034  $  7.387,571  -21  
Bank debits (thouaands) .  . .. .S  22,171  2  + 24  $  127,333  $  108,314  + 18  
End-of-month  deposits  (thouaands>i .  . .. .S  13,040  9  + 12  s  14,142#  $  11,711#  + 21  
Annual rate of deposit turnover.  19.5  + 8  - 4  17.7#  18.5#  - 4  

KINGSVILLE (pop. 25,297)  
Retail sales  
Automotive  stores  - 4t  + 26  + 39  + 15  
Pot1tal receipts•  .... .  ... . $  14,686  -16  - 4  s  104,602  &  101.548  + 3  
Building permlta, lesa federal  contracts .  s  162,525  -34  -49  s  1,610,416  $  1,204,797  + 84  
Bank debita (thouaanda) . End-of-month deposita (thouaands) i . Annual rate of deposit turnover.  ...  $ $  13,167 15.244 10.1  - 2 ..  + 16 + + 3  $ $  74,875 15,693# 9.6#  $ $  72,155 14.287# 10.1#  + ' + 10 -5  

KIRBYVILLE (pop. 2,021r)  
Postal receipta• .. ..... .. ... .  ...  3,845  - 19  + 10  $  24,210  s  22,469  + 8  
Bank debita  (thouaands) .. .  ...... . ......  $  2,454  - 28  + 17  s  15,883  s  12,704  + 25  
End-of-month deposits (thouaanda) i . Annual rate of deposit turnover.  .. s  3,458 8.2  -- 6 26  1 + 12  3,538# 8.9#  s  3.345# 7.6#  + 6 + 17  

LA FERIA: see BROWNSVILLE-HARLINGEN-SAN BENITO SMSA 
LA MARQUE: see GALVESTON-TEXAS CITY SMSA 
LAMESA (pop. 12,438)  
Retail sales  
Automotive  stores  .. . .. . . . .. .  - 4t  + 20  -25  -24  
Drug  stores  . . .... . ........ . . .  - 7t  + 5  - 5  - 6  
Postal receipts•  ... . ............. .. ..... .... ...S  9,904  -17  - 4  $  74,270  $  71,137  + 4  
Building permita, leas federal  contracts .  . . .. S  64,800  + 60  -69  s  488,671  s  1,229,435  -60  
Bank debits (thousands) ...  . S  12,722  4  -12  s  98,084  s  118,707  -17  
End-of-month  deposits  (thouaands) i .  ... .S  14,001  4  - 7  $  15,840#  s  18,493#  -14  
Annual rate of deposit turnover.. . ... . . . . .  10.7  + 2  - 3  11.9#  12.3#  - 3  
Nonfarm placements  ..... . . . . . . . . . .  108  14  + 40  532  446  + 19  

LAMPASAS (pop. 5,670r)  
Retail sales  
Food stores .  . . . . ..... . .  - 4t  - 3  + 1  + 1  
POlltal receipts•  .  . . . $  5,134  -28  - 3  s  34.767  s  34,296  +  
Building permits, leas federal contracts.  . S  21,600  -.56  57  s  346,550  s  451.100  -23  
Bank debits  (thousands) .  . ..... . ... . S  8,440  + 11  s  45,259  $  45,338  
End-of-month  deposits  (thouaanda) f .  . .. S  7,180  + 2  + 12  $  6,645#  $  6,306#  + 5  
Annual rate of deposit turnover .  14.3  - 1  + 1  13.7#  14.3#  - 4  

LA PORTE: see HOUSTON SMSA AUGUST 1966 
Percent change  Percent change  
City and item  June 1965  June 1~65 from May 1960  June 1965 from June.1964  Jan-June 1965  Jan-June 1964  Jan-June 1965 from Jan-June 1964  

LAREDO  
Standard Metropolitan Statistical Area  
(pop. 69,0441 ;  Webb2 )  
Building permits, less federal  contracts .  ....$  224,500  -39  -15  $  1,624,795  $  2.S48,840  -SI  
Bank debits (thousands) .  . ...$  527,628  + 6  + 21  +IS  
Nonfarm employment (area) Manufacturing employment  (area)  20,300 1.360  +  + 3 ••  $ $  20,142# 1,345#  $ $  19,075# l,323#  + 6 + 2  
Percent unemployed  (area) .  8.3  6  10.6#  10.9#  8  
LAREDO (pop. 60,678)  
Retail sales  
Apparel stores  - 14t  - 7  + 6  + 7  
Postal receipts•  . $  44,628  + 4  + 8  s  263,296  $  243,737  + 8  
Building permits,  less federal  contracts ..  $ 224,500  -39  15  $  1,624,795  $  2,348,840  -SI  
Bank debits  (thousands)  $ 43,441  + 22  $  252,516  $  223,468  + 18  
End-of-month  deposits  (thousands) t .  $  27,292  4  +  $  27,866#  $  26,660#  + 5  
Annual rate of deposit turnover.  18.7  1  + 14  18.0#  16.8#  + 7  
Nonfarm placements  511  3  21  2,963  3,372  -12  

LEVELLAND (pop. 12,ll7r)  
Retail sales  
Automotive  stores  - 4t  9  -39  -so  
Postal receipts•  .. $  10.242  10  + 7  62,576  $  60.623  + s  
Bank debits  (thousands)  . $  12,472  + 8  114,594  $  97,825  + 17  
End-of-month deposits (thousands)t .  s  10,225  $  12,080#  $  12,269#  - 2  
Annual rate of deposit turnover .  14.5  6  + 11  17.5#  15.2#  + 15  

LIBERTY (pop. 6,127)  
Retail sales  
Automotive  stores  - 4t  + 20  + 19  + s  
Postal receipts• Building permits,  less federal  contracts.  . $ $  7,917 66,710  + 5 +252  -12 -24  46,756 421,908  $ $  48,646 423,746  - 4••  
Bank debits  (thousands) .  $  8,877  4  s  56,187  
End-of-month deposits (thousandslt ..  ..s  8,451  6  -29  $  9,411#  s  12,394#  -24  
Annual rate of deposit turnover .  12.2  +  11.8#  

LITTLEFIELD  (pop. 7,236)  
Retail sales  
Automotive  stores  - 4t  -21  - 4  - 10  
Gasoline and service stations .  + It  + 2  -11  - 12  
Postal receipts•  .  $  7, 847  +  - 25  47,141  $  50,841  7  
Building permits,  less federal  contracts .  .....$  515,700  +46!1  +346  s  961.615  $  999,090  - 4  

LLANO  (pop. 2,656)  
Postal receipts•  $  3,823  + 44  + 42  $  18,357  $  17 ,813  + s  
Building permits. less federal  contracts  $  5,600  -20  + 19  $  54,420  $  42,526  + 28  
Bank debits  (thousands) .  ... . $  4,804  + 31  + 49  21,629  $  19,084  + IS  
End-of-month  deposits  (thousands) t  $  4,080  +  +  1  4,167#  $  4,027#  + s  
Annual  rate of deposit turnover .  14.2  + 31  + 48  10.4#  9.4#  + 11  

LOCKHAin (po11. 6,084) Postal receipts• $ 4,212 -W + 34 $ 30,153 $ 28,133 + 
Bank debits (thousands) . $ 5.531 2 + 15 s 32,643 s 30,841 + End-of-month deposits (thousands) t. s ;),;)64 + 5,509# 5,611# Annual rate of deposit turnover . 11.9 + 21 11.8# 10.9# + 
LO:'llGVIEW (pop. 40,050) Retail sales 4t + 8 Automotive stores 4t 6 + 10 Drug stores 7t + 11
+ 10 
Lumber, building material, and hardware stores . 4t -14 -5 
Postal receipts• 
..... . $ !,4,899 -10 345,797 $ 354,825 -3 Huild inR" permits, less Cederal contracts . $ 832,900 + 3!1 +119 6,656,900 $ 4,062,000 + 64 Bank debits (thousands) . $ 66,011 + + 16 $ 378,138 $ 322,102 + 17 End-of-month deposits (thousands) t. $ 43,270 + 3 + 4 $ 42,361# 40,846# + 4 Annual rate of deposit turnover 18.6 15.7# + 13
+ 12 17.8# 
Nonfarm employment (area) + 7
31.300 + 30,933# $ 28,942# 
Manufacturing employment (area) 1,.;no + 22
+ + 21 7,278# 5,980# 
Percent unemployed (area) 
1.0 + ~9 -11 3.7# 4.7# -21 

LOS FHES'.llOS: see BHOWNSVILLE-HAHLINGEN-SAN BENITO SMSA 
Percent change  Percent change  
Cit:r and item  June 1965  June 1965 from May 1965  June 1965 from June 1964  Jan-June 1965  Jan-June 1964  Jan-June 1965 from Jan-June 1964  

LUBBOCK  
Standard Metropolitan Statistical Area  
(pop. 174,8441; Lubbock2)  
Building permits, less federal contracts. Bank debits (thousands) . Nonfarm employment (area) .  . . .. $ 2,642,719 . . $ S,541,584 58,SOO  • • •• ••  -S2 + s + 2  $ 22,625,034 $ 58,S8S#  $ $  26,276,915 57,417#  -14 + + 2  
Manufacturing employment (area) ... . . .. . .  6,700  +  +  8  $  6,597#  $  6,048#  + 9  
Percent unemployed  (area) ........... . .  4.1  + 32  + 8  S.8#  3.7#  + s  
LUBBOCK (pop. 155,200r) Retail sales . .... . . . . .. . . .. . .. . . ... . . . . .. ... . . .  - 4t  ••  + 4  + 5  
Apparel stores . . .. . . .. . ... . ... .. . . . . . . .. . .  - 14t  4  + 5  
Automotive  stores  . .. . . . ... . . ... . . . .. . ... .  4t  + 5  + 7  + 10  
Drug stores . . . ...... . . .. .. .. . . .. .. .... . Food stores ..... . .. . .... . ....... . . .  7t 4t  7 2  + 1 4  + 2.,  
Furniture and household appliance stores.  St  -23  -11  7  
General merchandise stores.  - 19t  - 20  - s  s  
Lumber, building material,  
and hardware stores....  - 4t  + 22  + 10  -11  
Postal  receipts•  . .  . . . . . . . . . .  . ...$  212,695  -10  + 4  s  1,357,717  $  1,306,592  + 4  
Building permits, less federal contracts . . ....$ Bank debits (tho<•88nds) . . .... .. ...$ End-of-month deposits (thousands) i . .$  2,6S5,219 240.092 129,667  + 1 -2..  -so + s +  s 22,884,174 $ 1,681,779 $ 1S6,386#  $ $ s  25,850,0S5 1,686,995 134,772#  -13.. + 2  
Annual rate of deposit turnover.  22.2  + 1  +  2S.9#  24.6#  - s  

SLATON  (pop. 6,568)  
Postal receipts•  .. .. . ... . ............... .  .$  S,212  - SI  - 18  $  26,015  $  25,847  +  3  
Building permits, less federal  contracts .  ... .$  7.500  - 6S  - 92  $  96,061  $  291,180  - 67  
Bank debits  (thousands) ........... .  . .$  S,481  s  +  s  26,0Sl  $  27,S45  5  
End-of-month  deposits  (thousands) i . .  . ... .$  S,887  +  +  6  $  4.111#  $  4,396#  6  
Annual rate of deposit turnover.  10.9  2  12.S#  12.1#  +  2  

LUFKIN (pop. 17,641) Postal receipts• ... .. . . .. . .. . . s S7,590 + 25 + 10 $ 184,7S5 s 181,062 + 2 Building permits, less federal contracts. .$ 704,121 + 144 +149 $ 2,262.969 $ 1,924,894 + 18 Nonfarm placements .. . . . 84 + S8 -17 389 388 •• 
McALLEN (pop. 32,728)  
Retail sales  ..  - 4t  - 4  + 9  + 12  
Apparel stores .. . . .  14t  - 7  + 12  + 18  
Automotive stores . .. . Furniture and household appliance stores .  4t St  . 
 + 9 + 17  + 12 + 18  
Gasoline and service stations.. . . .  + It  6  - 7  + 3  
Postal receipts•  . ... .. .. . ........... . .. .  .$  S6,5S2  + 6  + 1  $  220,Sl6  $  207,407  + 6  
Building permits, less federal  contracts .  . .$  266,760  + 26  + u s  s  2,905,487  $  1,260,663  +1so  
Bank debits (thousands) ... End-of-month deposita (thousands) i .  .$ .. .. $  S2,S51 2S,207  8 + 2  + 6 + 4  s  215,614 22,747#  $ $  199,302 22,652#  + 8 ••  
Annual rate of deposit turnover.  16.9  - 8  + 2  18.9#  17.5#  + 8  
Nonfarm  employment  (area) .  4S,050  +  s  4S,SSS#  $  42,500#  + 2  
Manufacturing employment  (area) .  5,590  + 19  + 48  $  5,143#  $  4,828#  + 7  
Percent unemployed  (area) .............. . . . . . .  4.8  IS  -20  6.7#  8.S#  -19  
Nonfarm placements  . .. . . . .....•.... .. . . .. . . . .  516  + 21  -14  2,191  2,672  -18  

McCAMEY (pop. 3,350r)  
Postal receipts•  .. . . . . . . . ... . ....... .  .. $  S,488  + 29  +  s  3  18,046  $  19,308  7  
Bank debits  (thousands) ............ .  .....$  1,688  - 2  - 7  s  10,475  s  11,075  5  
End-of-month  deposits  (thousands>t .  . .$  1,480  - 4  12  $  l ,6S8#  $  1,744#  6  
Annual rate of deposit turnover ...  13.4  +  5  12.8#  12.7#  +  

McGREGOR: see WACO SMSA 
McKINNEY: see DALLAS SMSA 
MARSHALL (pop. 25,715r)  
Retail sales ..... .. . .. .. . ... . . ... .. . .  - 4t  -14  2  +  
Apparel stars . . .. . . . . ... .. . . .. ..... . . . . . .  - 14t  - 5  + 9  + 2  
Postal receipta•  . . . .. . .. . .. . .. . ... . ... . . . . . . . ..S  28,458  + 8  + 5  s  171,704  s  174,597  2  
Buildinir permits, less federal contracts.  .$  232,S2S  + 75  + 4S  $  l,5S4,051  $  732,458  +109  
Bank debits  (thouaanda) . . . . . . .  . ..... . .$  18,S60  4  s  $  116,048  $  110,320  + 5  
End-of-month  deposits  (thouaanda)t.  . .. .$  21,7S4  6  - 8  s  22,638#  $  2S,129#  2  
Annual rate of deposit turnover. . ... . .  9.8  4  + 2  10.2#  9.6#  + 6  
Nonfarm placements .. ... ............ . . .... . . .  279  + 27  1,S54  1,271  + 7  

AUGUST 1965 MERCEDES (pop. 10,943) 
Percent char:ge  Percent chanse  
City and item  June 1965  June 1965 from May 195:;  June 1965 from June 1964  Jan-Jur:e 1965  Jan...June 1964  Jan-June 1965 from Jan-June 1964  

36,514
Postal receipts• .$ 5,457 -12 -1 s $ 83,794 + 8 Building permits, less federal contracts $ 15.000 + 18 39 s 131,714 $ 275,881 -52 Ilnnk debits (thousands) . 
$ 6,610 + 24 $ 37,796 $ 82,148 + 18 End-of-month deposits (thousands) i $ 3,769 + 9 s 3,825# $ 3,668# + 4 Annual rate of deposit turnover . 20.7 + 2 + 15 17.4# + 13
19.7# 
l\IESQUITE: see DALLAS SMSA 
MEXIA (pop. 7,621r)  
Postal receipts• Building permits, less federal contracts . Bank rlebits (thousands) .. End-of-month deposits (thousands) t . Annual rate of deposit turnover .  .....$ ...s .. . $ $ 6,000 25,000 4,523 4,991 11.0  14 + 4 + 3 +  -28 -36 + +  $ s $  37,583 239,501 28,102 5,022# 11.1#  s s $ $  40,014 233,501 27,770 5,123# 10.8#  + + l 2 + a  
MIDLAND  
Standard l\letropolitan Statistical Area  
(pop. 66,8901 ;  Midland2 )  
Building permits, less federal contracts . Uank dt.'bits (thousands) Nonfarm employment (area) . Manufacturing employment (area) .  s s  1,0:;5,:;1;; 1.770.100 ,;6,400 4,490  50 3 + + 4  + 22 + 8 +  s  8,546,830 56,067# 4,245#  s $ $  7,008,805 55,983# 4.118#  + 22 + 10 •• + 3  
Percent unemployed  (area)  3.3  + 27  + 3  3.4#  3.5#  3  
l\llDLAND (pop. 62,625) Retail sales  4t  ••  +  
Apparel stores Drug stores  14t 7t  9 9  + 6 +  + ••  
Postal receipts• Building permits,  less federal  contracts .  $ 121,884 $ 1,0:;:;,:;1,;  + 16 ;;o  + 14 + 22  $  655,205 8,546,830  $ s  649,322 7,008,805  + + 22  
1.!Rnk debits  (thousands)  $ 140,229  10  +  s  883,331  $  810,834  + 9  
End-of-month  deposits  (thousands) i  s  110,967  +  +  2  s  113,604#  $  104,373#  + 9  
Annual rate of deposit turnover.  15.3  10  + 3  15.4#  15.5#  
NonfRrm placements  878  +  +  4,322  4,390  - 2  
+ 
17 -8 +127 



MIDLOTHIAN: see DALLAS SMSA 
l\IINEl{AL WELLS (pop. 11,053) 
Retail sales 
Automotive stores 
G.:neral merchandise stores. 

Postal receipts• . ..........S 
Ruilrling permits, less federal contracts . S 
Bank debits (thousands) . .$ 
End-of-month deposits (thousands) i. $ 
Annual rate of deposit turnover . 
Nonfarm placements 

4t 
4t 
19t 
13,:;91 326,!100 
13.049 12,127 
14.2 
!lo) 
6 18 
-17 +153 
+ 	
2 

+ 
12 

+ 	
1 2.) 


-7 -24 
+ 
12 

+ 	
3 

+ 
14 

+ 
14 


s  94,fi83  $  87,268  
$  1,055,685  s  l,066,020  
s  80,786  $  73,868  
s  11,693#  $  11,944#  
13.8#  12.5#  
542  474  

+ 
+ 	5 
+ 11 
+ 
1 
+ 	
9 2 

+ 
10 

+ 
14 


MISSION (pop. 14,081) Retail sales Drug stores -7t -2 + 13 + 8 Postal re<"eiptso 
s 8,230 -3 -13 54,718 55,646 -2 Buil1linJC permits, less federal contracts s 111,14:; +2!10 + 2;;:; 314,446 $ 1.244,004 -75 Bank debits (thousands) $ 11.833 + 2 n 70,281 $ 71,949 2 End-of-month deposits (thousands) i 8,21n 3 8,354# s 8,813# 5
+ 
Annual rate of deposit turnover . 
17.3 	16.6# 16.3# + 2 
l\IONAHANS (1>op. 9,252r) Hetail sale9 
-4t 
Postal receipts• 

s 10,32n + li; + 16 Ruilding permits, less federal contracts $ fi,;,ooo 71 60 Bank debits Cthousands) $ 9,713 + 
Encl-of-month deposits (thousands) i 1.1n:; Annual rate of deposit turnover . 16.l + 2 
'.\IOFNT PLEASANT (pop. 8,027) 
Retail sales 
Apparel •tores -14t -24 -1 Postal re<'.'ei pts• !1,197 -20 -10 Iluilcl lng permits, less federal contracts 18,67:; -78 60 Bank debits (thousands) . l l.31n 
+ 
End-of-month deposits (thousands) i 8,649 + 1 Annual rate of deposit turnover 1:;,7 + 3 
+ 2  
59,815  $  57,559  + 4  
783,230  $  l,105,487  -29  
61,303 7,444#  $ $  62,402 7,477#  - 2••  
16.3#  16.6#  - 2  
8  
62,657  $  66,756  6  
517,045  $  560.225  8  
66,491  $  64,345  + s  
S.366#  $  8,429#  
15.9#  15.3#  +  

Percent change  Percent change  
City and item  June 1965  June 1965 from May 196ii  June 1965 from June 1964  JJ<"l-June 1-960  Jan-June 1%4  Jan-June 196.> from Jan-Jum• 1!>64  

MUENSTER (pop. 1,190)  
Postal receipts•  .. . ... .. ...... .. .  . .$  1,150  -33  -3~  $  9,874  11.7:;7  -16  
Building permits. less federal Bank debits (thousands) .  contracts .  . $ . . $  30.000 3,395  +114 + 32  +1 50 + 39  ~ $  91,501 16,331  s s  87,901 13.553  + ' + 20  
End-of-month  deposits  (thousands) t .  .. . . $  2,032  - 2  + 3  $  2,119#  $  2,148#  - I  
Annual rate of deposit turnover.  19.9  + 37  + 34  15.3#  12.4#  + 23  

NACOGDOCHES (pop. 15,450r)  
Postal receipts•  .  . . . . . . . . . .  . .. S  23,472  ¢ ¢  + 17  133,199  $  123,222  + 8  
Building permits, less federal contracts.........$  479.892  + 11  + 27  $  1,792,219  s  1,097,988  + 63  
Bank debits  (thousands) .  . ....... . . ... .$  22,942  + 3  + 3  $  136,091  s  129,049  +  
End-of-month  deposits  (thousands) t .  $  19,193  +  - 2  s  19,501#  s  19,724#  - 1  
Annual rate of deposit turnover .  14.6  + 3  + 7  13.9#  13.0#  + 7  
Nonfarm placements  .. .. ...... ... . . ......... . .  110  +  - 20  602  765  - 21  

NEDERLAND: see BEAUMONT-PORT ARTHUR-ORANGE SMSA 
NEW BRAUNFELS (pop. 15,631)  
Postal receipts• ...$  16,922 8  - 21  $  114,259  $  121,713  
Building permits, less federal contracts . $  204,718 14  + 81  $  1,272,330  $  1,216,567  +  
Bank debits (thousands) .$  12,814 + 2  8  $  78,072  s  79,648  2  
End-of-month deposit.• (thousands) t . $  13,877 + 11  +  $  12,884#  $  12,371#  +  4  
Annual rate of deposit turnover..  11.7 2  11  12.2#  12.9#  5  
NORTH RICHLAND HILLS: see  FORT WORTH Sl\ISA  

ODESSA  
Standard Metropolitan Statistical Area  
(pop. 86,1531 ;  Ector2 )  
Building permits. less federal  contracts . ........$  1.192,79.>  + 31  +315  S  6,077,523  $  3.109,266  + 95  
Bank debits (thousands) . Nonfarm employment (area) .... ....... .. .  . .. $  1,106,280 56,400  +  + 8 1  $  56.067#  $  55.983#  + 7..  
Manufacturing employment  (area) .  4,490  +  +  6  $  4,245#  $  4,118#  + 3  
Percent unemployed  (area) .  . .... . . . . .  3.3  + 27  + 3  3.4#  3.5#  3  
ODESSA (pop. 86,937r)  
Retail sales  - 4t  +  + 13  + 5  
Apparel stores Furniture and household appliance  stores .  -- 14t 3t  + + 19  + 17 + 18  + 6 + 4  
General merchandise stores.  - 19t  19  + 1  3  
Postal receipts• Building permits, less federal  contracts .  .... ... $ ... . $ 86,148 1.192,795  + 31  + 3 +315  $ $  530,874 6,077,523  s $  515.5!13 3, 109,266  + 3 + 95  
Bank debits  (thousands) ......... . .  .$  91,176  + 7  $  545,759  $  514,381  + 6  
End-of-month deposits (thousands) t . Annual rate of deposit turnover . Nonfarm placements  . .$  56,683 19.3 504  - 4  -28 + 50 + 16  60,427# 18.0# 2,739  81.635# 12.6# 2,635  -26 + 43 + 4  

ORANGE: see BEAUMONT-PORT ARTHUR-ORANGE SMSA 
PALESTINE (pop. 13,974)  
Postal receipts• . . . . . . . . . . . .. . ... . S Building permits, less federal contracts . . . . $ Bank debits (thousands) . .$  15, 711 85,613 13,105  -8 -31 + 10  -9 -47 + 3  5 $  94,973 1,181,448 77,826  s $ $  96,368 753,823 72.602  + 57 + 7  
End-of-month deposits (thousands) t . . . .... S Annual rate of deposit turnover. .... ..... . . .  15,801 10.2  + + 9  +  ¢':";:  J.'i,939# 9.7#  $  1.).954# 9.1#  + 7  
r AMP A (pop. 24,664)  
Retail sales  4t  + 14  + 11  3  
Automotive  stores  .. .  4t  + 25  + 18  5  
Eating and drinking places .  5t  2  
Food stores  .......... ... .. .. .  4t  - 8  -21  5  
Postal receipts• . . . . . . . . . . . . Building permits, less federal Bank debits (thousands) .  . ..... . . .. ..... . S contracts . $ . ..........$  27,618 119,700 26,427  -4 -60 + 10  +  168,86;; 920,380 1.)9,624  $ s  162,354 633,861 1:;3,479  + + 45 + 4  
End-of-month deposits (thousands)t . Annual rate of deposit turnover.  . . . . $  19,401 16.2  + 9  +  6  20.368:ti' 15.5#  20,980# 14.6#  3 + 6  
Nonfarm placements  136  +  6  -52  818  1.206  -32  
PECOS (pop. 12,728)  
Postal receipts•  . . . . . . . . . . . . . . . . .  .S  12,927  + 13  + 8  s  70.549  s  70,119  +  
Hu'lrling permit.. leu federal contracts.. ..... . . 5  17,080  -56  .>8  s  11n,41 5  141 ,881  16  
Bank debits  (thousands) .  . . . S  13,645  16  + 2  s  n.8:;6  103.718  6  
End-of-month  deposits  (thousanda)t.  . .. .$  10.468  + 6  s  10,7.>3#  11,04 8#  3  
Annual rate of deposit turnover.  16.1  -13  +  18.1#  18.5#  2  
Nonfarm placements  77  + 20  -14  418  391  +  7  

AUGUST 1966 PASADENA: see HOUSTON SMSA 
Percent change  Percent change  
City and item  June 1965  June 1965 from May 1965  June 1965 from June 1964  Jan-June 1965  Jan-June 1964  Jan-June 1965 from Jan-June 1964  

PARIS (pop. 20,977)  
Retail sales  - 4t  + 4  - 3  4  
Apparel stores  - 14t  - 22  -16  6  
Automotive  stores  4t  + 18  + 6  s  
Lumber, building material,  
a nd  hardware stores ..  4t  + 13  -14  
Postal receipts•  $  24,389  - 2  $  154,855  $  147,509  + 6  
Building permits, less federal contracts . Nonfarm placements  .$  417,085 157  +110 -7  -46 + 11  2,219,202 792  $  3,177,208 602  -30 + 32  

PHARR (pop. 14,106) Postal receipts•  ... $  6,677  - 7  ••  $  42,274  $  41,320  + 2  
fluilding permits, less federal contracts .  S  15,590  -72  -.59  $  293,775  s  240,424  + 22  
Bank debits  (thousands)  ... . .........S  4,324  + 14  + 11  s  26,406  s  24,814  +  
End-of-month  deposits  (thousands) t  S  4,659  + 20  + 13  s  4,387#  $  4.216#  + 4  
Annua l rate of deposit turnover .  12.2  + 14  + 4  12.1#  11.8#  + 3  

PILOT POINT: see DALLAS SMSA 
PLAINVIEW (pop. 18,731)  
Retail sales  
Automotive  stores  - 4t  -15  +  
General merchandise stores .  - 19t  6  - 3  +  6  
Postal receipts•  $  28,034  + 2  s  175.667  162,255  +  8  
Building permits,  Jess  federal  contracts .  $  511.950  +  - 44  s  4,553,900  4,204,200  +  8  
Bank debits  (thousands) .  .... . $  38,936  7  5  276.~20  274,305  +  
End-of-month  deposits  (thousands) t .  . 5  28.002  + 4  s  31.887#  30,868#  +  
Annual rate of deposit turnover .  16.7  + 4  - 8  17.1#  17.7#  
Nonfarm placements  482  + 20  + 49  l,944  1,868  +  

PLANO: See DALLAS SMSA 
·~----------------------------------------~ 
PORT ARTHUR: see BEAUMONT-PORT ARTHUR-ORANGE SMSA PORT ISABEL: see BROWNSVILLE-HARLINGEN-SAN BENITO SMSA 
--· ··----··­
PORT NECHES: see BEAUMONT-PORT ARTHUR-ORANGE SMSA 
QUANAH (pop. 4,564)  
Postal receipts•  . $  4,884  +  s  28,997  s  29,094  ••  
l:uilding permits, Iese federa l contracts  s  0  s  45,502  $  378,900  -88  
Bank debits (thousands)  $  5,242  + 32  17  s  29,010  $  33,735  -14  
End-of-month deposits (thousands) t .  5  ii,217  +  2  s  5,252#  $  5,570#  6  
Annual rate of deposit turnover .  12.4  + 28  -16  11.0#  12.0#  -8  
RAYMONDVILLE (pop. 9,385)  
Retail sales  
Automotive stores  4t  + 37  +  + 17  
Food stores  4t  -23  12  -1  
Lumber, building material,  
nnd hardware stores Postal receipts•  . $  4t ii,035  +186 -2;  + 30 -21  $  39,586  $  39,584  + so..  
Building permits, less federal contracts  $  6,900  87  -79  $  182,900  $  195,700  
Ba nk debits (thousands)  $  7,038  +  s  39,090  5  37,127  +  
End-of-month deposits (thousands ) t  $  7,623  +  + 6  s  7, 525#  7,234#  +  
Annual ra te of deposit turnover .  11.3  -12  10.4#  10.3#  +  
NGnfarm pla<'em~nts  32  + 28  -14  280  478  -41  
HICHAlmSO:": see DALLAS SMSA  
---­---·-­ 

IWBSTOW:": see CORPUS CHIUSTI S'.\ISA 
ROCKDALE (pop. 4,481) 
Postal receipts,;: 
$ 4,451 19 
+ $ 31,332 s 28,127 + 11 
Building permits. less federal contracts. s 31,050 33 
s 150,118 5 136,314 + 10 
Bank debits (thousands) 
5 4,820 2 
+ 16 5 28,009 $ 27,144 + s 
Enol-of-month deposits (thousands) t 
6,!101 2 
+ 12 s 6.887# $ 6,170# + 12 
Annual rate of deposit turnover 
8.3 
+ 8.2# 8.8# -7 
IWSE:"BEliG  (pop. 9,698)  
Postal receipts°' Building permits, less federa l contracts En1l-of-month deposits (thousands) t  9,099 l i;l,600 !1,330  + + +  II 4  + 3 +118 +  $ $ s  56,985 832,437 9,560#  $ 52,941 5 430,170 5 9,176#  + 8 + 94 + 4  
234  TEXAS BUSINESS REVIEW  

Percent change  Percent change  
City and item  June 1965  June 1965 from May 1965  June 1965 from June 1964  Jan-June 1!165  Jan-June 1964  Jan-June 1965 from Jan-June 1!!64  

SAN ANGELO 
Standard Metropolitan Statistical Area 
(pop. 70,5821; Tom Green2) 

Building permits, less federal contracts .  .s  1,745,940  +128  +300  $  4,532,860  $  3.038,110  + 49  
Bank debits  (thousands) _  .. $  856,608  + 7  + 10  $  $  + 6  
Nonfarm  employment  (area) _  20,750  + 1  +  2  20,433#  19,950#  + 2  
Manufacturing employment (area)  3,190  + 3  - 8  2,977#  3,297#  -10  
Percent unemployed  (area) __ .... .  4.2  + 11  -13  4.3#  5.0#  -14  
SAN ANGELO (pop. 58,815)  
Retail sales  . . . . . . .. . .... . ... .. .  - 4t  -11  - 2  + 2  
General merchandise stores . ... . . . . . .. . . .  - 19t  - 24  ••  + 5  
Jewelry stores  .. . .. . . ... . .  -28  -21  + 10  
Postal receipts•  . . . . . . . . . . . . .  ____ $  88,432  -11  - 3  $  551,795  $  524,758  + 5  
Building permits, less federal  contracts.  .S  1.745,940  +128  + 300  $  4,532,860  $  3,038,110  + 49  
Bank debits  (thousands). . .... . ..  .$  69,738  + 2  + 9  $  395,972  $  376,444  + 5  
End-of-month  deposits  (thousands)t .  __ .$  51,672  + 2  + 3  $  51,092#  $  49,406#  + 3  
Annual rate of deposit turnover .  16.3  + 3  +  15.5#  15.2#  + 2  

SAN ANTONIO  
Standard Metropolitan Statistical Area (pop. 784,2691; Bexar and Guadalupe2)  
Building permits, less federal  contracts.  .. . $  7,294,109  + 79  +26  $ 33,894,266  s 36,767,513  - 8  
Bank debits  (thousands) .  . -. $  10,472,964  +  2  + 10  $  $  + 11  
Nonfarm employment  (area) . ....  230,100  + 7  228,667#  214,950#  + 6  
Manufacturing employment (area) .  27,250  + 5  27,221#  25,713#  + 6  
Percent unemployed  (area) .. . ..  4.0  - 45  -18  4.4#  4.7#  6  
SAN ANTONIO (pop. 655,006r) Retail sales ...... . _ ... . . . .... . . . . . .... . . . .... .  - 6  ••  + 3  + 3  
Apparel stores Automotive stores  -19 -3  -17 + 10  + 2 + 9  + 6 + 14  
Drug stores .. . . . Eating and drinking places . Florists .. .. .  - 6 ••  -4 -7 -34  .. + 21  -3 •• + 10  
Food stores . .. .. . . . ... . .... .  4  +  
Furniture and household appliance stores . Gasoline and service stations .  4  + 12 + 11  + 5 + 2  4 + 2  
General merchandise stores _ .  -10  - 9  2  
Lumber, building material.  
and hardware stores .  - 8  + 16  -14  - 10  
Stationery stores Postal receipts• . ... .. . . _ . Building permits, less federal contracts. Bank debits (thousands) . End-of-month deposits (thousands)t _ Annual rate of deposit turnover _  ...$ .... . $ -.$ s  873,722 6,643,659 855,839 452,461 22.6  + 9 5 + 81 + ¢¢:  + 20 + 1 + 31 + + +  s 5,361.710 $ 30,346, 781 s 5,005,520 $ 451.607# 22.1#  $ 5,150,801 $ 32,468,323 $ 4,581 ,632 $ 427,854# 21.4#  + 4 + 4 7 + 9 + 6 + 3  

SCHERTZ (pop. 2,281) Postal receipts• .. $  2,394  + 44  + 77  12,510  s  8,359  + 50  
Bank debits (thousands) . End-of-month deposits (thousands) t ­Annual rate of deposit turnover . .$ . -.$  585 l,236 5.9  -4 + 10 -11  + + 2  3,565 1,137# 6.3#  $ s  3.593 1,110# 5.3#  -1 + 2 + 19  
SEGUIN (pop. 14,299)  
Retail sales Automotive stores ..  -4t  + 6  -5  + 3  
Postal receipts• ......... _ .$  12,337  -9  3  s  77,636  $  73,646  + 5  
Building permits, les1 federal contracts . .$ Bank debits (thousands) .. . .... .. .. _____ . ....$ End-of-month deposits (thousands)t. . ....... _S Annual rate of dep0&it turnover.  63,735 13,354 15,027 10.7  -41 + .. + 2  11 + 8 -1 + 11  s s  1,114,791 87,800 15,365# 11.4#  s $ $  l,310,906 72,855 15,302# 9.5#  -15 + 21 + 20  

SAN JUAN (pop. 4,371) Postal receipts• . . . . . . . . . . Building permits, less federal contracts. Bank debits (thousands) . . . . . . . . . . . . . End-of-month dPposits (thousands)t. Annual rate of dep0&it turnover. ... .  .$ .$ . . $ . . $  2,287 15,000 2,148 1,999 12.5  -28 + 41 + 3 5 + 9  + 4 +153 + 34 + 13 + 18  s s s s  15,913 49,610 13,009 2,226# 11.6#  $ $ s s  15,050 113,935 12,125 l ,892# 12.7#  + 6 -56 + 7 + 18 9  
SAN MARCOS (pop. 12, 713) Postal receipts• . . . . . . . . . . . . . .. . . S Buildinir permits, less federal contracts. _S Bank debits (thousands) ......... .. . ..... ......$ End-of-month deposits (thousancla) i .. . . , .. .. .. S Annual rate of depoeit turnover... . . . .... . . .. . .  11,754 2,509,850 9,825 12,281 9.7  9 6 + 2 7  + 15 + 13 + 20 -6  s s s  74,492 3,957,391 61 ,556 12.439# 9.9#  $ $ $ s  73,166 1,118,385 55,969 10,324# 10.9#  + 2 +254 + 10 + 20 9  

AUGUST 1965 
Percent change  Percent cban19  
City and item  June 1965  June 1965 from May 1965  Ju1.e 1965 from June 1964  Jan-June 1965  Jan-June 1964  Jan-June 1965 from Jan-June 1964  
SAN BENITO:  see  BROWNSVILLE-HARLINGEN-SAN BENITO SMSA  

SAN SABA (pop. 2,728) Postal receipts• . ..$ 2,707 -28 -21 $ 20,707 $ 19,867 + 7 Building permits, less federal contracts . . .... $ 35,000 +400 + 23 $ 88,402 $ 111,801 -25 Bank debits (thousands) . .... . $ 
5,270 + 4 + 21 $ 26,583 $ 27,895 8 End-of-month deposits (thousands) t. . . $ 4,597 + + 5 $ 4,816# $ 4,551# 5 Annual rate of deposit turnover ..... 14.3 + 20 12.3# 11.9# + 8 
SCHERTZ: see SAN ANTONIO SMSA 
SEAGOVILLE: see DALLAS SMSA 
SEGUIN: see SAN ANTONIO SMSA 
SHERMAN (pop. 30,660r)  
Retail sales  - 4t  +  - 7  2  
Apparel stores  . . .. . ... . .  - 14t  18  - 7  ' 
Automotive  stores  - 4t  + 5  -15  2  
Postal  receipts•  $  36,555  9  -I  $  234,477  $  222,966  + 5  
Building permits, lei.'s federal  contracts.  $  240,205  -74  -57  $  2,285,340  $  8,127,525  -27  
Bank debits  (thousands) .  . . . ... . .. . . . .  . $  35,610  + 5  + 8  $  205,019  $  192,785  + 6  
End-of-month  deposits  (thousands) t .  $  21,687  + 6  + 10  21,746#  $  19,886#  + 10  
Annual rate of deposit turnover. ...... .. .. . .  20.3  + 6  -1  18.7#  19.2#  8  
Nonfarm placements  207  +  2  + 26  1,004  926  +  8  

SILSBEE (pop. 6,277) Postal receipts• .. . $ 8,712 •• 10 $ 56,031 $ 51,141 + 10 Bank debits (thousands). . ......... .... $ 4,375 6 + 3 $ 28.508 $ 28,182 + 1 End-of-month deposits (thousands) t. . ... $ 5,503 •• 6 $ 5,577# $ 5,611# Annual rate of deposit turnover. 9.6 + 10 10.2# 10.1# + 
SINTON (pop. 6,008)  
Postal  receipts•  .. . . ........... . $  5,662  - 1  -36  $  45,954  $  41,570  + 11  
Building permits, less federal  contracts .  $  42,010  +509  +412  $  273,529  $  83,069  +229  
Bank d<hits  (thousands)  .. . ...... . . .. .$  4,310  + 7  $  26,462  $  27,284  8  
End-of-month  deposits  (thousands) t  ... .$  4,448  + 10  $  4,769#  $  4,440#  + 7  
Annual rate of deposit turnover . .  11.4  +  - 6  11.0#  12.1#  

SLATON: see LUBBOCK SMSA 
SMITHVILLE (pop. 2,933)  
Postal  receipts•  $  l.649  -19  -25  $  12,941  $  14,828  - 10  
Building permits, less federal  contracts  $  7,175  + 44  +234  $  23,101  $  86,106  - 86  
Ba.•k debits  (thousands) .  .$  1,237  + 4  $  7,801  $  8,810  6  
End-of-month  deposits  (thousands)t.  $  2, 381  **  $  2,412#  $  2,485#  8  
Annual  rate of deposit turnover .  6.2  +  6.5#  6.7#  8  

SNYDER (pop. 13,850)  
Postnl receipts• Building permits, less federal  contracts.  ..  $ $  16,854 146,100  + 36 -o.>  + 12 +149  $ $  83,800 634,150  $ $  79,178 404,275  + 8 + 57  
Bank debits  (thousands)  .$  11,054  -33  $  77,435  $  98,635  -17  
End-cf-month  deposits  (thousands) t .  s  17,193  3  - 4  $  18,533#  $  18,261#  + 1  
Annual rate of deposit turnover.  7.6  - 32  8.3#  10.l#  -18  

SOUTH HOUSTON: see HOUSTON SMSA 
SULPHUR SPIUNGS (pop. 9,160)  
Retail sales  
Automotive  stores  - 4t  +  3  + 2  + 5  
Po3tal receipts• Ruil<ling permits, less federal B,11 k dd>its (thousands)  contracts  .$ $ . . $  16,795 109,575 14,489  -·­+  11 2 8  + 36 -37 + 16  $ $ $  105,197 1,089,362 85,267  s $ $  83,195 723,979 78,144  + 28 + 50 + 9  
End-of-month deposits (thousands) t. Annual rate of deposit turnover .  ...$  13,186 13.2  +  **  + + 11  $  13,275# 12.8#  $  12,801# 12.1#  + 4 + 6  

STEPHENVILLE (pop. 7,359) Postal receipts• 
$ 10,017 -12 + 11 $ 66,980 $ 61,646 + 9 
Building permits, less federal contracts . 294,800
$ + 50 +255 $ 1,068,900 $ 799,198 + 84 
Bank debits (thousands) . 
.$ 8,824 + 11 + 21 $ 48,643 $ 47,641 + 2 
End-of-month deposits (thousands) t s 9,220 + + $ 9,174# $ 8,842# + 4 
Annual rate of deposit turnover. 1
11.6 + ~ + 15 10.6# 10.7# 
236 TEXAS BUSINESS REVIEW 
Percent change  Percent rhange  
City and item  June 1965  June 1965 from May 1965  June 1965 from June 1964  Jan-June 1965  Jan-June 1964  Jan-June 1965 from Jan-June 1964  

STRATFORD (pop. 1,380)  
Postal receipta•  . . . .. .. ... . ... . . . .. ....... . . ...S  S,241  + 52  + 46  $  lS,605  $  10,606  + 28  
Building permits, less federal contracts.  . . $  S6,950  -4S  $  262,650  $  518.S50  -49  
Bank debits  (thousands) ...  .$  5,498  - s  + 8  $  S5,186  $  S2,884  + 7  
End-of-month deposits (thousands)t.  . $  4,828  -15  -12  $  5,416#  $  6,655#  
Annual rate of deposit turnover ..  12.6  + 4  + 15  12.8#  11.6#  + 10  

SWEETWATER (pop. 13,914) 
Retail sales 
Automotive stores 
Postal receipts• ... ..... ...$ 

Building permits, leas federal contracts .  .$  
Bank debits  (thousands) .  . . $  
End-of-mont.h  deposits  (thousands) i .  ....$  

Annual rate of deposit turnover. . .... . . ... . Nonfarm placements . .. 
-4t 12,70S 112,145 
10.952 9,200 
14.l 178 
+ S4 
-7 +405 
s -2 -1 -25 
+ 	4 
+ 
24 

+ 
57 


+ 	2 8 
+ 	
9 

+ 
59 


9  
$  82,45S  $  80,SOS  + s  
$  S92,285  $  422,815  7  
$  72,017  $  7S,797  2  
9,796# 14.5# 1,111  $  10,160# 14.S# 720  4 + 1 + 54  

TAYLOR (pop. 9,434)  
Retail sales  
Automotive  stores  ..  - 4t  -11  -20  + 2  
Postal  receipt.•  ...$  7,417  -S9  -22  $  56,70S  $  54,466  + 4  
Building permlta, leas federal  contracts .  $  210,61 5  +198  + 98  $  882,275  $  45S,481  + 95  
Bank debits  (thousands) .  ....$  8,685  + 6  + 18  $  51.S67  $  48,996  + 6  
End-of-month  deposits  (thousands) i .  ....$  14,280  - 1  + 1  $  15,041#  $  14,6S4#  + s  
Annual rate of deposit turnover . Nonfarm placements ...  7.S so  +  9 ••  + 16 -S2  6.8# 162  6.6# 184  + a -17  

TEMPLE (pop. 34,730r)  
Retail sales  ... .. .... . .. . .......... .. . .  - 4t  -10  - 1  
Apparel stores . . . ...... . . . . .. . .. . Automotive stores ........ . Eating and drinking places . Food stores  14t 4t st 4t  + 2  + s -so •• + 15  -5 •• 6 + 5  
Furniture and household appliance stores ..  St  + 27  + 10  6  
Postal  receipts•  .. S  49,442  +  + 12  $  282,262  $  269,516  + 5  
Building permits, leas federal contracts . $ Bank debits (thousands) . . .............$ Nonfarm placements ............... . . .  509,915 S7,407 286  + 55 + 14 + S9  -82 -4..  $ $  2,4S8,531 216,093 1,419  $ $  6,137,137 203,791 l,5S2  -60 + 6 -7  

TERRELL (pop. 13,803) Poetal receipts• . . . . . . . . . . . . . . ...S 10,965 + 10 + 23 $ 58,754 $ 52,294 + 12 Building permits, leas federal contracts . . ...$ 9S,720 + 23 +111 $ 85S,137 $ 1,722.665 -50 Bank debits (thousands) . . . ......... . $ 9,662 2 $ 58,520 $ 58,341 •• End-of-month deposits (thousands) i. . . .. $ 8,846 1 + 3 $ 8,881# $ 8,568# + 4 Annual rate of deposit turnover . 13.0 2 13.1# lS.6# -4 
TEXARKANA  
Standard Metropolitan Statistical Area  
(pop. 64,6141 ;  Bowie, excluding Miller, Ark.2 )  
Building permits, leas federal contracts.........$  273,825  -63  -47  $  2,707,547  $  2,571 ,152  + 5  
Bank debits  (thousande).  . ........ .... .$  824,496  - 8  9  $  $  5  
Nonfarm  employment  (area) .  32,100  ••  +  32,208#  31.800#  +  
Manufacturing employment Percent unemployed (area) .  (area) .  6,610 6.3  •• + 5  2  6,510# 6.4#  6.617# 6.4#  2 ••  
TEXARKANA  (pop. 50,006r)  
Retail sales ... .. Apparel stores  -- 4t 14t  + 1 + 35  -8 + 24  +  4 5  
Automotive  stores  . .. . .... .. .  4t  - 3  - 9  6  
Furniture and household appliance stores. . Liquor stores . .. . .  - St  -11 + 5  -27 + 2  8 7  
Lumber, building material, and hardware stores. Postal receipts• .. .. . Building permits, leas federal contracts . Ba1.k debits (thoueands) . End-of-month deposits (thousands) i . Annual rate of deposit turnover....  ...$ ....$ .. . ...$ . $  -4t 63,257 250,125 66,099 21. 702 19.8  + -65 1 + 7 s  -11 -12 -48 -6 + 10 + 4  5 $ $  404,808 2,536,997 391.975 20,787# 19.2#  $ $ $ $  402,403 2,433,862 ~OS,644 20,027# 18.9#  9 + + 4 s + 4 + 2  

TEXAS CITY: see GALVESTON-TEXAS CITY SMSA AUGUST 1965 TOMBALL: see HOUSTON SMSA 
Percent change  Percent change  
City and item  June 1966  June 1965 from May 1965  June 1965 from June 1964  Jan-June 1965  Jan-June 1964  Jan-June 1965 from Jan-June 1964  

TYLER  
Standard Metropolitan Statistical Area (pop. 93,2591; Smith2)  
Building permits, less federal contracts . Bank debits (thousands) Nonfarm employment (area) . Manufacturing employment (area) . $ $ l'ercent unemployed (area) . . . .. . . .. .. . . . 799,905 1,428,756 32,950 8,630 4.4  + 20 + + •• + 16  -67 + + 1 + 3 6  $ $  5,608,025 32,700# 8,410# 4.1#  $ 13,299,691 $ .31,925# 7,955# 4.6#  -68 + 10 + 2 + 6 -11  
TYLER (pop. 51,230)  
Retail sales Apparel stores Automotive stores  --- 4t 14t 4t  --- 5 22 2  + 8 6 + 11  + + +  
Florists Postal receipts• Building permits, less federal contracts . Bank debits (thousands) End-of-month deposits (thousands) t . Annual rate of deposit turnover . Nonfarm placements . .......$ ....$ $ .. .. $ 114,182 776,405 114,649 73,829 18.7 693  -31 + + 19 3 + +  -6 + 11 -68 + 3 + 3  $ $ $  675,439 5,411.075 706,668 74,839# 18.8 # 3,694  $ 668,138 $ 13,079,941 $ 651,911 $ 69,748# 18.7# 8,886  + + -69 + 8 + 7 +  

UVALDE (pop. 10,293)  
Retail sales  
Automotive  stores  - 4t  -26  -33  -14  
Postal  receipts•  ....................... . ....$  10,898  + 13  + 8  $  65,868  $  61,968  + 6  
Building permits, less federal  contracts .  . ...$  75,339  -59  -43  $  868,224  $  611,931  + 70  
Bank debits  (thousands) .  . ... $  12,504  -11  + 14  $  74,737  $  72,067  + 4  
End-of-month  deposits  (thousands) t.  . .. $  9,393  - 2  +  $  9,157#  $  8,876#  + 8  
Annual rate of deposit turnover.  15.8  -11  +  16.4#  16.3#  + 1  

VERNON (pop. 12,141)  
Retail sales  
Automotive stores  -4t  + 30  + 7  -8  
Postal receipts• ... ............ . ........$  12,434  + 1  + 1  $  77,946  $  74,216  + 6  
Building permits, less federal contracts. . ... $  63,977  -76  -70  $  528,471  $  771,146  -81  
Bank debits (thousands) ........ . ..........$ End-of-month deposits (thousands) t . . .. . $  18,934 20,234  + 33 + 6  + ••  $ $  96,938 19,861#  $ $  92,846 19,538#  + 4 + 2  
Annual rate of deposit turnover.  11.5  + 29  + 6  9.7#  9.6#  + 2  
Nonfarm placements  142  + 37  + 39  606  411  + 28  
VICTORIA (pop. 33,047)  
Retail sales . ....  -4t  + 10  + 18  + 11  
Apparel otores .. .. .. ... . ... . .. . . .. .  -14t  -13  -10  + 8  
Automotive stores  -4t  + 28  + 27  + 16  
Food stores  -4t  -5  + 9  + 11  
PostRI receipts• ..............$  43,609  -10  -1  $  271,384  $  253,642  + 7  
Building permits, less federal contracts . $  947,075  +184  + 99  $  3,993,980  $  2,699,241  + 48  
Bank debits (thcusands) . ...$  74,126  -15  +  $  455,986  $  419,542  + 9  
End-of-month deposits (thousands) t . .$  89,379  +  + 8  $  87,838#  $  84,214#  + 4  
Annual rate of deposit turnover .  10.0  -17  + 2  10.4#  9.9#  + 6  
Nonfarm placements  749  + 10  + 28  3,642  8.121  + 17  

WACO 
Standard Metropolitan Statistical Area 
(pop. 154,0791 ; McLennan2) 

Building permits, less federal contracts 
. $ 3,038,924 + 23 +127 $ 13, 799,549 $ 9,576,781 + 44 
Bank debits (thousands). .$ 1.673,148 9 + 8
+ $ $ 
Nonfarm employment (area) . 
52,900 -1 + 2 52,867# 51,950# + 2 Manufacturing employment (area) . 
11,280 + 1 + 4 11,040# 10,592# + 4 Percent unemployed (area) . 
4.7 + 21 8 4.3# 5.1# -16 
McGREGOR (pop. 4,642) 
Building permits, less federal contracts. . $ 27,000 $ 90,300 $ 97,250 -7 Bank debits (thousands) .... . $ 5,116 -20 + 12 $ 33,016 $ 26,984 + 27 End-of-month d•posits (thousands) t. 
....$ 6,232 + 3 + 8 $ 6,458# $ 6,781# + 18 
Annual rate of deposit turnover . 
10.0 -17 + 10.2# 9.0# + 18 
Percent change  Percent change  
City and item  June 1965  June 1965 from May 1965  June 1965 from June 1964  Jan-June 1965  Jan-June 1964  Jan-June 1965 from Jan-June 1964  

WACO (pop. 103,462)  
Retail ealea  .. ............ ... . .. . . . .... .  - 4t  8  + 4  + 7  
Apparel stores ...  - 14t  +  2  + 5  + s  
Automotive storea ... . ........ . ........ .. .  4t  3  + 2  + 10  
Eating and drinking placea... . .... .. . .... .  5t  7  + s  
Florista  . . ...... ......... . .............. . .  -45  9  + 11  
Furniture and household appliance stores.  3t  + 9  + 12  + 5  
General merchandise Poetal receipts•  stores. . ... . ........ . ...... . ... . . $  -19t 208,391  - 21 ••  + 8 + 12  $ 1,226,747  s  l,159,794  + 4 + 6  
Building permita, leas federal contracta.  . . $  3,006,024  + 23  +146  $ 12,856,724  $  8,665,581  + 48  
Bank debita (thousands) . . .. . ........$ End-of-month deposita (thousands) t . .$  134,084 85,510  + 1 ••  + 4 + 6  $ 834,520 $ 88,045#  $ $  791,480 80.052#  + 5 + 10  
Annual  rate of dePo•it  turnover .  18.8  + 2  2  19.0#  19.7#  - 4  

WAXAHACHIE: see DALLAS SMSA 
WESLACO (pop. 15,649) Retail salea 
Food storea ................. ... . Postal receipts• . . . . . . . . . . . . . .$ Building permits, leas federal contracts. .$ 
Bank debita (thouennds) . . ..... .... .$ End-of-month <l"PO•its (thousand•) t. . . $ Annual rate of dePoeit turnover . 
-4t 12,345 
146,240 7,694 7,683 
12.0 
-2 
+ 17 
+259 
4 
+ 10 + 16 +125 + 11 + 9 + 2 
s  67,934  s  65,397  
$  431,745  s  414,938  
$  52,378  s  50,723  
s  7,853#  $  7,448#  
13.3#  13.5#  

+ 
+ 
4 

+ 
4 


+ s 
+ 5 
WHITE SETTLEMENT: see FORT WORTH SMSA 
WICHITA FALLS  
Standard Metropolitan Statistical Area  
(pop. 134,0401; Archer and Wichita2 )  
Building permita, leas federal contracts.  . .s  597,528  -17  -75  s  6,299,561  s  7,251,711  - lS  
Bank debita (thousands) ...... .  . . $  2,070,144  + 11  + 5  s  s  +  4  
Nonfarm l'IDPloyment (area) Manufacturing employment (area) .  46,500 4,250  +  ..  ., + 1  46,183# 4,225#  45.675# 4,108#  + +  1 3  
Percent unemployed  (area) . . . . ..... .  3.7  +  6  -12  3.9#  4.4#  - 11  
IOWA PARK  (pop. 5,152r)  
Building permita, Iese federal contracta.  .. $  36,365  + 73  + S4  $  178,920  s  222,500  - 20  
Bank debita (thousands) End-of-month deposits (thousands) t .  s s  4,219 4,361  + 3( + 3  -10 2  $ $  21,269 4,321#  $  24,227 4,228#  -+  12 2  
Annual rate of dePoBit turnover ...... .  11.8  + 31  6  9.8#  11.5#  - 15  

WICHITA FALLS (pop. 101,724) Retail salea . .. .... . ......... . ........ . . . . .. . . .  - 4t  + 15  ••  
Apparel storea ...... . . Automotive storea ........... . ... . ... . .  -- 14t 4t  + 18 + 26  + 8 -4  2  
Furniture and household appliance etores . General merchandise storea. ..  - St 19t  + 6 -2  -5 + 10  2 + 4  
Lumber, building material, and hardware storea...... . P08tal receipts• . . . . . . . . . . . . . . . .........$ Building permita, leas federal contracta . . .. . .. $ Bank debits (thousands) . .$ End-of-month depoeits (thou.sands)t . . .. .$ Annual rate of depoeit turnover ...... .  4t 115.S3S 510,76S 147,889 101,9S2 17.9  + 23 -15 -24 + 10 + 6 + 7  9 6 -78 + 6 + 1 + 7  $ 749,496 $ 5,871,091 $ $ 854.502 98,378# 17.S#  s s s $  742,516 6,689.011 829,779 100.515# 16.4#  -10 + 1 -12 + 3 2 + 5  
LOWER RIO GRANDE VALLEY  
(pop. 359,8361; Cameron, Willacy, and Hidalgo2 ) Retail salea . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -4t + 2 + 10 Apparel storea . . . . . . . . . . . . . . . . . . . . . . . . . . . -14t 9 + 11 Automotive storea . . . . . . . . . . . . . . . . . . . . . 4t + 6 + 10 Drug storea . . . . . . . . . . . . . . . . . . . . . . . 7t 6 + 8 Eating and drinking placea... . . . . . . . . St -14 -16 Florista . . . . . . . . . . . . . . . . . . . . . . . . . . . -28 + 22 Food storea . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4t 2 + 11 Furniture and household appliance storea... St 6 + 10 Gaeoline and service station•. . . + 1t 2 + 5 General merchandise stores. . . . . . . . . . . . . . . . -19t 8 + 14  + 10 + 10 + 12 + 8 -1 + 18 + 6 + 13 + 10 + 9  
Lumber, building material, and hardware storea.. .. . Poeta! receipts• . . ...... .. ............. . Building permita, Iese federal contracts. Bank debita (thousands) ..... . ........ . End-of-month deposita (thousandsU. Annual rate of deposit turnover  4t 17.S  + 41 + 5 -45 1 + 2  + 15 + 10 +128 + 4 + 2 + 2  s  17.6#  s $ $ $  16.9#  + 18 + 6 + 49 + 6 + + 4  

AUGUST 1966 
TEXAS FAMILIES WITH INCOMES 
UNDER $3,000 IN 1959 

BY COUNTIES 
PERCENTAGE OF FAMILIE WITH 
I COMES U DER $3,000 IN 1959 
0 65 to 80.8 E;:\:J 25 to 35 
~50 to 65 @}.::~l\li5 to 25 
li'llllll35 lo 50 -2.1 to 15 

Texas 28.73 
United States 21.43 

ource: Bureau of the Ccnsu , U.S. Department of Commer<·•·· 
BAROMETERS OF TEXAS BUSINESS 

All figures are for Texas unless otherwise indicated. All indexes are based on the average months for 1957-59, except where indi­cated; all are adjusted for seasonal variation, except annual indexes. Employment estimates are Texas Employment Commission data in cooperation with the Bureau of Labor Statistics of the U. S. Department of Labor. The index of Texas business activity is based on bank debits in 20 cities, adjusted for price level. An asterisk (•) indicates preliminary data subject to revision. Revised data are marked (r) . Data marked (§) are dollar totals for the fiscal years to date. 
Year-to-date averageJune May June 1965 1965 1964 1965 1964 
GENERAL BUSINESS ACTIVITY  
Texas business activity, index . .  . .... . . . ..... . . .. . .  168.2•  163.9  147.2  164.6  146.0  
Miscellaneous freight carloadings in SW District, index .  77.7  81.4  76.2  78.2  77.3  
Wholesale prices in U. S., unadjusted  index  102.1 •  102.1  100.0  !01.6  100.4  
Consumers' prices in U. S., unadjusted index  110.1  109.6  !08.0  109.3  107.8  
Income payments  to  individuals in  U. S.  (billions,  at  seasonally  ad·  
justed  annual  rate)  .  $  523.9•  $  520.0r  $ 489.3  $ 515.8  $ 484.4  
Business failures Business failures  (number) . (liabilities, thousands)  .  s  59 6,112  s  43 6,085  69 $ 4,921  63 $ 5,933  59 $ 5,147  
Newspaper linage,  index . .  110.7  ll4.5  107.7  112.2  !08.l  
Ordinary life insurance sales,  index  172.2  167.4  157.8  160.7  149.8  
TRADE  
Total retail sales, index . Durable-goods sales, index .. Nondurable-goods sales, index Ratio of credit sales to net sales in department and apparel stores Ratio of collections to outstandings in department and apparel stores  136.8• 162.5• 123.6• 65.! • 30.6•  126.5• 145.8" 116.5• 68.0· 30.8•  132.4r 152.7r 121.8r 65.7r 30.8r  67.4 30.0  66.1 30.6  
PRODUCTION  
Total electric power use, index .  169.o•  167.0"  185.4r  166.9  158.8  
Industrial electric power use, index  153.6•  150.9•  186.9r  154.1  150.8  
Crude oil  production,  index .  97.1 •  95.1"  97.4r  94.8  95.5  
Average daily production per oil well  (bbl.)  13.1  12.8  13.1  13.2  13.1  
Crude oil runs to stills, index  119.2  113.7  116.4  113.9  114.2  
Industrial production in  U. S., index  141.9•  141.4r  131.6r  140.4  129.7  
Texas industrial  production-total,  index  135.2•  134.4•  129.3r  132.0  126.0  
Texas industrial production-manufactures, index .  156.4•  155.7"  147.3r  154.0  144.2  
Texas industrial production-durable manufactures, index .  155.4•  153.4"  143.6r  151.7  138.4  
Texas industrial production-nondurable manufactures, index  157.2•  157.4"  150.0r  155.8  148.4  
Texas industrial production-mining, index ..  107.4•  106.4•  105.6r  !03.1  102.1  
Building construction authorized, index ... . .  148.6  116.8  121.8  125.0  127.8  
New residential building authorized, index  .. .  123.3  100.7  122.0  !04.8  119.2  
New nonresidential building authorized, index  188.4  139.5  116.8  147.8  140.0  
AGRICULTURE  
Prices received by farmers, unadjusted index,  1910-14=100  257  251  246  245  252  
Prices paid by farmers in U.S., unadjusted index, 1910-14=100  323  323r  313  320  313  
Ratio of Texas farm prices receiYed to U. S. prices paid by farmers  80  80r  79  77  81  
FINANCE  
Bank debits,  index  171.7  167.3  147.2  167.2  146.5  
Bank debits, U. S., index .  185.9  168.0  160.9r  174.0  160.5  
Reporting member banks, Dallas Federal Reserve District: Loans (millions) Loans and investments (millions) . Adjusted demand deposits (millions) Rerenue receipts of the State Comptroller (thousands) .  s 4,671 s 6,807 s 2.814 Sl49.533  s 4,:i03 s 6.584 s 2,925 S210,507  s 4,225 s 6,296 s 2,740 Sl24,106  $ 4,489 s 6,582 s 2,845 SI 73,347  s 4,097 s 6,171 s 2,819 $152,610  
Securities registrations: Original applications: Mutual investment companies (thousands)  .  s 14,15'i  s 11,300  s 12.196  $120,587§  $ 76,904§  
All other corporate securities: Texas companies (thousands) . Other companies (thousands) .  s s  2,479 4.139  s 5,327 $ 8,692  s s  1,751 !\,036  $ 67,969§ $ 53,124§  $ 45,269§ s 35,922§  
Securities registrations: Renewals: Mutual investment companies (thousands) Other corporate securities (thousands) ...  .  s s  7.'i31 971  s 12,622 s 497  s 18,207 $ 536  $ 79,913§ $ 8,693§  $ 87,199§ $ 8,079§  
LABOR  
Manufacturing 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) . . . . . . .  115.2• 116.4• 101.4• 119.6" 2.894.8" 562.2" 28!i.7" 276.5•  114.8" 116.7• 103.2• 121.6" 2,881.2r !i54.3r 281.3r 273.0r  l I 1.6r I 12.4r 101.4r 116.Br 2,795.2r 544.7r 272.2r 272.5r  113.9 116.0 102.1 119.6 2,854.5 550.8 277.8 273.0  110.4 112.0 !01.6 116.4 2,756.2 533.7 264.4 269.3  
fotal nonagricultural labor force in selected labor market areas  
(thousands)  ... . . . . . .  2,746.9  2,717.7  2,688.5  2,713.0  2,649.1  
Employment in selected labor market  areas  (thousands)  2.:i43.7  2,!\38.5  2,474.0  2,523.5  2,451.0  
Manufacturing employment in selected labor market  areas  
(thousands)  . . . . . . . . . . . . . . . . . . . . . . . .. . .. .  473.2  467 .1  450.6  463.5  441.2  
Total unemployment in selected labor market areas  (thousands)  108.6  90.8  120.4  106.0  117.5  
Percent of labor force areas ....  unemployed  in selected  labor market  4.0  3.3  4.5  3.9  4.5  

..,
:<l > 
l'l c! :i1
.., 
rn l'l
..,
c:: 
:0 c! 
z z z 
:0 t;3 ~ 
l'l 
:0 
c:: ~ rn
'° 
rn rn 
l'l ::i 
-J ><t;3 -J 0
00 0 "l
...... 
t..:> 
t;3 
5:: 
rn 
ttl
c:: 
~ 
t'=-1 
>
c:: 
0 
"tj 
ttl
c:: 
U2 
...... 
z 
t'=-1 
U2 
U2 

~ 
t'=-1 
U2 
t'=-1 
> 
~ 
CJ 
p:: 
CORPUS CHRISTI SMSA ENLARGED 
On July 16, 1965, the Bureau of the Budget announced an amendment to its definition of the Corpus Christi Standard Metropolitan Statistical Area to include San Patricio County as well as Nueces County. Earlier this year the definition of the Houston SMSA was also broadened. The Bureau of Busi­ness Research is adopting both new definitions in its publica­tions as rapidly as appropriate statistical data for each en­larged SMSA becomes available. 
l'l 
z
.., 
l'l :0 l'l 0 
>
.., 
.., 
:i1 l'l 
> 
c! 
rn
.., 
z ~ 
.., 
l'l 
x > 
rn 


.,, 
0 
rn
.., 
0 
"l 
"l 
8 
l'l 
> 
rn rn 
l'l 
(") 
0 
z 
9 
(") 
~ 
rn 
"' 
a:: 
> 
~ 
l'l :0