B FEBRUARY 1965 ANNUAL ISSUE u TEXAS I N REVIE s THE u1IVERSITY OF TEXAS s f~AR 1965 THE LIBRARY A Monthly Summary of B1tsiness and Economic Conditions in Texas BUREAU OF BUSI ESS RESEARCH: THE U IVERSITY OF TEXAS TEXAS BUSINESS REVIEW VOL. XXXIX, NO. 2, FEBRUARY 1965 Editor: Stanley A. Arbingast / 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 25 : THE BUSINESS SITUATION IN TEXAS by Francis B. May 30: TEXAS INDUSTRIAL EXPANSION: 1964 by Stanley A. Arbingast 35: TEXAS RETAIL SALES: DECEMBER AND 1964 by Robert H. Drenner 37: TEXAS BUILDING CONSTRUCTION: DECEMBER AND 1964 by Robert B. Williamson CHARTS AND TABLES 25 : TEXAS BUSINESS ACTIVITY 26: LEADING OIL-PRODUCING STATES 26: SELECTED BAROMETERS OF TEXAS BUSINESS 27: BUSINESS ACTIVITY INDEXES FOR 20 SELECTED TEXAS CITIES 27: HOURS AND EARNINGS IN TEXAS 28: TEXAS INDUSTRIAL PRODUCTION 28: TEXAS INDUSTRIAL PRODUCTION, TOTAL MANUFACTURES 28: TEXAS INDUSTRIAL PRODUCTION, DURABLE MANUFACTURES 28: TEXAS INDUSTRIAL PRODUCTION, NONDURABLE MANUFACTURES 28: TEXAS INDUSTRIAL PRODUCTION, MINING 28: CRUDE OIL PRODUCTION IN TEXAS 28 : CRUDE OIL RUNS TO STILLS IN TEXAS 28: MISCELLANEOUS FREIGHT CARLOADING$ IN THE SOUTHWESTERN DISTRICT 29: BUILDING CONSTRUCTION AUTHORIZED IN TEXAS 29: TOTAL ELECTRIC POWER USE IN TEXAS 29: INDUSTRIAL ELECTRIC POWER USE IN TEXAS 29: ORDINARY LIFE INSURANCE SALES IN TEXAS 29: TOTAL NONAGRICULTURAL EMPLOYMENT IN TEXAS 29: MANUFACTURING EMPLOYMENT IN TEXAS 29: TOTAL UNEMPLOYMENT IN TEXAS 29: GASOLINE CONSUMPTION IN TEXAS 31: VINYL CHLORIDE PRODUCERS, TEXAS AND U. S. 31: ETHYLENE CAPACITY GROWS ON GULF COAST 32: ESTIMATES OF NONAGRICULTURAL EMPLOYMENT IN TEXAS 33: MINERAL PRODUCTION IN TEXAS 34: CARLOAD SHIPMENTS OF LIVESTOCK IN TEXAS 34: LOANS BY TEXAS SAVINGS AND LOAN ASSOCIATIONS 35: POSTAL RECEIPTS: SELECTED TEXAS CITIES 35: ESTIMATES OF TOTAL RETAIL SALES IN TEXAS 36: RETAIL SALES TRENDS BY KINDS OF BUSINESS 36: CREDIT RATIOS IN DEPARTMENT AND APPAREL STORES 37: ESTIMATED VALUES OF BUILDING AUTHORIZED IN TEXAS 38: RESIDENTIAL BUILDING AUTHORIZED IN TEXAS 38: NONRESIDENTIAL BUILDING AUTHORIZED IN TEXAS 38: BUILDING CONSTRUCTION AUTHORIZED IN TEXAS: SELECTED CITIES 39: LOCAL BUSINESS CONDITIONS BUSINESS RESEARCH COUNCIL John Arch White, Dean of the College of Business Admin­istration (ex officio) ; John R. Stockton, Jim G. Ashburne, Jessamon Dawe, James R. Kay, Stephen L. McDonald, Kenneth W. Olm, and W. T. Tucker BUREAU OF BUSINESS RESEARCH Director: John R. Stockton Associate Director and Resources Specialist: Stanley A. Arbingast Assistant to the Director: Florence Escott Consulting Statistician: Francis B. May Administrative Assistant: Juanita Hammons Research Associate: Charles O. Bettinger, Robert H. Drenner, Louise K. lscoe, Joe H. Jones, Ida M. Lambeth, Robert M. Lockwood, Margaret Paulissen, Helmut J. Rehder, Robert H. Ryan, Elizabeth R. Turpin, Joyzelle Wilke, Robert B. Williamson Research Assistant: Thomas B. Douglas, Jackson Gil­more, Dennis Hiser, Harold L. Sides, John Specht, Jr., William W. White, Robert Wood Administrative Secretary: Margaret F. Smith Senior Secretary: Diana Rausch Senior Clerk Typist : Patricia Gable, Claire Howard, Carollin Mayes, Sharon Wheat Cartographer : Lois Leonard Library Assistant: Merle Danz Statistical Assistant: Mildred Anderson, Constance Cooledge Statistical Technician: Mary Gorham Clerical Assistant: Pamela Binkley, Ross Kammlah Offset Press Operator: Robert Dorsett, Daniel P. Rosas The Bureau of Business Research is a member of t~e Associated University Bureaus of Business and Economic Research. Published monthly by the Bureau of Business Research, College of Business Administration, The University of Texas, Austin, Teocas, 78712; Second-class postage paid at Austin, Texas. Content of this publication is not copyrighted and may be reproduced freely. Acknowledgment 0 source will be appreciated. Subscription. sa.oo a year: individual copie•. 25 centa. THE BUSINESS SITUATION IN TEXAS After fluctuating in the 149-to-151 % range during the August-through-November period, the seasonally ad­justed index of Texas business activity broke into new high ground in December. At 153% of its 1957-59 aver­age value the index was at a new high, slightly above its July peak of 152.0o/o and 7.1% above its January low for 1964. The index of Texas business activity averaged 148.3% for all of 1964. This was a 9.0o/o improvement over the 1963 average. Bank debits in major cities adjusted for price level change are the basic information used to compute the index. The data are averaged, expressed as percentages of their 1957-59 average, and adjusted for seasonal variation. Bank debits include all kinds of payments made by check, thus reflecting a very broad spectrum of economic transactions. A national index of bank debits is included among those economic indicators selected by the National Bureau of Economic Research as one of the small group of indexes which most faith­fully portray the turning points of business cycles. Other members of the group of coincident indicators are indus­trial production, retail sales, personal income, and whole­sale prices of all items except fann products and foods. Minor fluctuations in the index are not significant. A 9% increase in the average for 1964 is definite indica­tion of a strong upsurge in business activity during the year. Seasonally adjusted production of crude oil in De­cember was unchanged from the November level. At 96.5 % of average monthly production during the 1957-59 base period, the index was 1 % above December 1963. During the year this index has risen very slowly from a value of 94.1% in January to its December level, which represented a 2.6% improvement. Adoption of the percentage formula which sets production allowables at a percentage of the maximum efficient rate of flow for Texas oil wells instead of using number of days' pro­duction as a proration formula has enabled the Texas TEXAS BUSINESS ACTIVITY '55 '56 '57 '58 '59 '60 '61 '62 '63 NOTE: Shaded ar eas indicate periods of decline of total business activity in the United States. Railroad Commission to set allowables much closer to market demand. The result has been a slow but noticeable improvement in total Texas production. Total production for the state during the first eleven months of 1964 was 910.8 million barrels, 2.3% over the comparable 1963 period. For the same period, United States production was 2,564.0 million barrels, up 1.8%. Texas production rose slightly more than total domestic production. A comparison of Texas production with output in the five leading oil-producing states indicates how this state is faring in the competition for domestic petroleum markets. LEADING OIL-PRODUCING STATES January-November 1964 production Percentage State (000 barrels) change California 273,128 -0.9 Louisiana 508,696 +6.5 Oklahoma 186,160 +1.5 Texas 910,814 +2.3 Wyoming 132,343 -0.4 United States 2,564,031 +i.8 Source: World Oil, January 1965. lt is apparent from the table above that, although Texas production increased by a larger percentage than did total domestic production, Louisiana was the major beneficiary of increased domestic demand. Louisiana pro­duction rose 31.0 million barrels during the eleven-month period. This was a 6.5% increase over the comparable 1963 period. Of this total gain, 27.0 million barrels rep­resented increased production in southern Louisiana, which includes offshore production. Imports for the first eleven months of the year totaled 758.5 million barrels, of which 405.5 million barrels were crude oil. This was a 6% increase in crude-oil imports over the first eleven months of 1963. The percenfage in­crease in crude-oil imports was more than three times as great as the percentage increase in domestic output of crude. Of the 405.5 million barrels of crude oil im­ported into this country, 131.3 million barrels were im­ported into the Pacific Coast area-most of it into California. This was an 11.3% increase in imports into the Pacific Coast area. A pipeline to carry surplus Texas and Louisiana production to California would alleviate this shortage of domestic production on the Pacific Coast. In the event of an emergency that cut off imports, Cali­fornia would suffer paralyzing shortages of petroleum products. Seasonally adjusted crude oil runs to stills rose 4% in December to 114.7% of average monthly runs in the 1957-59 base period. At this level the index was 3% above December 1963. The average value of the index of crude runs during 1964 was 114.5%, up 3.0% from 1963. From the earliest days of oil discovery in Texas, the refining industry has shown a steady growth, affording a large volume of em­ployment at high wages. Because of the readiness with which the refining process lends itself to automation including computer control of individual parts of th~ refining process, employment has not grown in the same 26 way that output has. Employment reached a peak of 47,600 in 1956. Since that time, it has declined by more than 10,000 employees. During this period, output has risen 9.0%. Petrochemical manufacture uses some of the output of refineries, largely petroleum gases resulting from crack­ing heavy molecules. It is one of the state's large indus­tries, contributing $1.4 billion, or 22.6%, of total value added to goods by the manufacturing proceaa in 1962, the latest year for which value-added data are avail­able. It was the largest contributor to value added in that year. Petroleum refining was third with value added of $872.0 million. The rise in output of petrochemicals has been so rapid that, despite automation, employment has continued to increase. In October of this year the number of production workers was 49,100. Last year was another year of expansion for this industry. Food processing is the state's largest manufacturing industry if number of employees is used as the measure of size. In 1962 this industry employed 80,249 workers, of whom 50,941 were production workers. Total value added by manufacture was $880.2 million, second only to petrochemical manufacture. In October of last year the number of production workers in the food processing industries had grown to 80,400. A rapidly growing popu­lation and rising personal income assure continued rapid growth of this industry. The growth will not be aa rapid as increase in personal income, because as family income rises a smaller proportion of it is spent on food. A popu­lation growth rate that is still higher than the national average is an important factor in assuring a continued growth for the industry. SELECTED BAROMETERS OF TEXAS BUSINESS (Indexes-Adjusted for seasonal variation-1957-59=100) Percent chanire Index Dec 1964 Year-to­date Year-to­averaire date Dec 1964 1964 Nov averaire from from 1964 1964 Nov 1964 1968 Texas business activity ..... 153.0• 148.9r 148.8 + 8 + 9 Miscellaneous freight carload­ings in S.W. district 71.6 79.6 76.7 -10 •• Crude oil production 96.5• 96.5" 95.8 •• + 1 Crude oil runs to stills .. ....... 114. 7 110.5 114.5 + + 8 Total electric power use .. 170.5• 167.9* 166.6r + Industrial electric power use . . .158.0* 161.0* 151.5r -2 + 11 + 12 Bank debits ........154.1 149.9 149.1 + 8 + 9 Ordinary life insurance sales . . 166.1 171.6 156.0 8 + 18 Total retail sales .. .128.s• 120.4* + 7 + 5 Durable-goods sales . . . . 155.5* 129.2* + 20 + 6 Nondurable-goods sales .. . .. 114.2• 115.9* -1 + 5 Urban building permits issued .. . 121.7 159.8 188.4 -24 + 7 New residential .104.4 124.6 118.6 -18 8 New nonresidential ... .. . 181.1 226.8 156.4 -42 + 24 Tctal industrial production 129* 128r 127 + 1 + 6 Total nonfarm employment Manufacturing employment .112.S* 112.4* 111.S •• ... .. . 110.8• 110.1• 109.2 + + 2 + 8 Total unemployment 100.6 102.8 97.2 2 -11 Insured unemployment .. 100.6 104. 7 97.0 ' -14 Average weekly earnings- manufacturing Average weekly hours­.. .. 119.7• 117.4* 117.4 + 2 + ' manufacturing ....101.1 • 100.S* 101.S + 1 + 1 *Preliminary. rRevised. ••change is less than one-half of 1%. Seasonally adjusted total electric power use rose 2% BUSINESS ACTIVITY INDEXES FOR ZO SELECTED TEXAS CITIES in December despite a decline in industrial power con­(Adjusted for seasonal variation-1957-59= 100) sumption. Domestic and commercial users increased their power consumption more than the industrial decline. Percent change Both of the power use indexes were above ·their Decem­Dec 1964 Dec 1964 Dec• Nov r D"" r from from ber 1963 values. City 1964 1964 1963 Nov 1964 Dec 1963 Total power consumption in 1964 averaged 166.6% of Abilene . . . 138.6 129.1 124.9 + 7 + 11 average monthly consumption in the 1957-59 base period. Amarillo 168. 7 146.5 lS0.3 + 15 + 29 This was an 11.1 % increase over 1963. Industrial power Austin 158.9 175.1 161.4 9 2 Beaumont 135.4 consumption averaged 151.5% in 1964, up 12.2% over 128.4 131.4 + + 3 Corpus Christi 125.3 120.4 124.0 + 4 + 1963. A high level of power consumption indicates a high Corsicana .. 125.1 121.2 112.5 + 3 + 11 level of business activity. Electric power generation is one Dallas 161.0 168.7 142.l 5 + 13 of the state's rapidly growing industries. El Paso . . . . 121.1 117.2 120.1 + 3 + December was a good month for retail sales. Total Fort Worth 123.3 129.6 115.l + 7 Galveston 106.4 104.0 108.1 + 2 2 sales rose 7% to a level 11% above December 1963 sales. Houston . ... 168.4 153.0 147.7 + 10 + 14 Durable-goods sales rose 20%, powered by a high volume Laredo 149.5 154.5 138.7 -s + 8 of automobile sales. Sales of nondurables fell 1%. All Lubbock .... . 154.1 119.5 142.7 + 29 + 8 of these comparisons are based on seasonally adjusted Port Arthur .. 100.3 101.8 97.9 + 2 San Angelo .. . . .. 126.4 121.4 114.4 + 4 + 10 data, which means that total sales and durable-goods San Antonio ... 147.8 144.1 139.8 + 3 + 6 sales were highP.r than would be anticipated as a result Texarkana 159.0 150.3 147.4 + 6 + 8 of seasonal factors alone. High family incomes made this Tyler . . 131.5 134.1 124.4 2 + 6 increase in Christmas buying possible. Waco 143.7 129.3 133.6 + 11 + 8 Wichita Falls 129.5 120.0 112.0 Seasonally adjusted indexes of total building permits + 8 + 16 issued showed declines for both residential and nonresi­•Preliminary. dential permits in December. The index of total permits rRevised. was 7% above December 1963 because of the buoyancy of nonresidential permits, which were 24% above December cyclical upswing, making it the second-longest peacetime 1963. The index of total permits averaged 133.4% of upswing in history. As the length of an upswing in­1957-59, up 6.7% over the 1963 average. The increase creases, speculation that a downturn will occur increases. was brought about by a high average for nonresidential Currently, there is a consensus among economists that permits, 156.4% of 1957-59, up 24.1 % from 1963. Resi­business will be good during the first half of 1965 but dential permits averaged 118.6%, down 2.8% from 1963. that a "pause" or leveling off may occur in the second Last year was a good one for the state's economy. half. It is agreed that, if the pause occurs, overall December was the forty-sixth month of the current results for the year will still be above 1964 levels. HOURS AND EARNINGS IN TEXAS Average weekly earnings Average weekly hours Average hourly earnings Industry Dec• 1964 Nov 1964 Dec 1963 Dec• 1964 Nov 1964 Dec 1963 Dec• 1964 Nov 1964 Dec 1963 Manufacturing-Total . . . . ..... . ........ . ........... . . . $103.99 $101.26 $ 99.19 42.1 41.5 41.5 $2.47 $2.44 $2.39 Durable goods . 107.25 103.99 99.66 42.9 42.1 41.7 2.50 2.47 2.89 Lumber and wood products 66.91 64.96 62.88 41.3 40.1 41.l 1.62 1.62 1.53 Furniture and fixtures .. . 78.74 77.82 73.53 40.8 39.5 40.4 1.98 1.97 1.82 Stone, clay and ir!ass products . . . .. . . . .. . .. . . . . . . . . .... . . . . .. . 87.09 88.91 84.58 42.9 43.8 42.5 2.03 2.03 1.99 Primary metal industries 122.35 119.89 112.00 41.9 41.2 40.0 2.92 2.91 2.80 Fabricated metal products 108.62 106.70 98.94 43.8 43.2 42.1 2.48 2.47 2.35 Machinery, except electrical ....... .. . .. .. . .... . .. . . .. . . . .. . 110.94 109.00 106.95 44.2 43.6 48.3 2.51 2.50 2.47 Oil field machinery . 120.56 118.48 116.91 44.0 43.4 48.3 2.74 2.78 2.70 Transportation equipment .... . . . . . . . . . .. . . . .. .. .. . . . • ... . . . . .. .. 138.78 131.98 132.13 43.1 42.3 42.9 8.22 8.12 3.08 Nondurable goods 101.02 98.98 98.47 41.4 40.9 41.2 2.44 2.42 2.39 Food and kindred products . . . . . . . . . . . . . . . . . .. . ... .. . . . 88.62 87.57 86.88 42.2 42.1 42.8 2.10 2.08 2.03 Meat products ..... .. . ..... .. .. . . . ... .•. ... . .. ...... . . ... . . . . . 96.95 95.41 97.71 42.9 40.6 42.3 2.26 2.35 2.31 Textile mill products . . . . . . .. •.•...... 71.34 70.09 64.68 43.5 43.0 42.0 1.64 1.63 1.54 Broad woven fabric mills ... .. .. .. .. .. .. .. . ... ... .. ... .. . . . . . . . 73.15 72.31 65.83 43.8 43.3 42.2 1.67 1.67 1.56 Apparel and other finished textile mills . ..... . ... . .. . . .. • .. . . . . . .. 58.41 57.96 55.10 39.2 38.9 38.0 1.49 1.49 1.45 Paper and allied products ..... . ... . .. . 115.01 115.88 110.85 43.4 43.4 42.8 2.65 2.67 2.59 Printinir, publiahinir and allied industries..... .. . . .... . .... . .. . . . 105.45 102.76 105.87 39.2 38.2 39.8 2.69 2.69 2.66 Chemicals and allied products . .. . .. .. . ... .. . . . . . .. . .. . . .. . .. . . . . 140.19 137.45 136.45 42.1 41.4 41.6 3.33 3.32 3.28 Petroleum refininir and related industries .. .... .. . . ....... . 145.25 142.42 142.80 42.1 41.4 42.5 3.45 3.44 8.36 Leather and leather products .. . .... . ... . .... . .. .• ..... .. . . . .. ... 64.75 60.56 59.08 42.6 41.2 42.2 1.52 1.47 1.40 Nonmanufacturing Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..... . . .. . .... ... . . 121. 70 125.42 122.54 42.7 43.1 43.3 2.85 2.91 2.83 Crude petroleum and natural gas .. . .. . . ............ . .. .. ...... . 123.97 127.71 124. 70 42.6 43.0 43.3 2.91 2.97 2.88 Sulphur ... . ..... ... ..... . ...... . ...•. •. . . ... . . . . . ... .. .. . . ... .. 130.82 128.13 118.86 43.9 41.6 39.1 2.98 3.09 3.04 Public utllitie. . . . ..• .. .. ... . . .. .. ... .. . . ... ... . . . . , .. .• . ..... . ... . 103.20 106.34 103.31 40.0 40.9 40.2 2.58 2.60 2.57 Wbol.ue trade .... .... ... .. ... . .... . . . . . .. . . ... ... . . . . . . . ... . ... . 103.87 105.41 100.15 43.1 43.2 42.8 2.41 2.44 2.34 Retail trade ...... .. .. ........... ... ... .. ... .. . 68.82 66.81 64.71 39.1 39.3 39.7 1.76 1.70 1.63 •Preliminary, subject to revision upon receipt of additional reports. FEBRUARY 1965 TEXA IND STRIAL PRODUCTION" • Manuf,.c1u r1n11 and nnn~n~ (1nclud1n1t crude·oil and natural-j.!al pr oducuor>I. NOTF:· 1954 NOTE: 200 150 100 50 0 1954 NOTE: Sh.Aded •rel• 1nd1e1ue period• of decline of 101:11 butmen ac11v1ty 111 the Uni1ed S1a1e 1. TEXAS I DUSTRIAL PROD CTIO , TOTAL MA UFACTU RES ti ? -1--1---1-.+--150 s --''--....L...--'---.L,_Jo '60 '61 '62 '63 'M '65 Shaded •re•• indicate period1 of decline of total bu1lneu ac tivity in the United State•. TEXAS INDUSTRIAL PRODUCTIO DURABLE MANUFACTURES - 55 56 57 58 59 60 61 62 '63 '64 '65 Sludad aru.1 indicate period• of decline of tot•I bu1lne11 "ctivity in the United Stat~n. TEXAS I D STRIAL PRODUCTION, MINI c• 200~~--r,-~--r'NXr;~2FO~"·~so~Al"~·r1 -r'9~571;•>r•~l~Oo;.-~-,----,200 ~~ ~O~E~A~DJ~~~~~·~~Nr~V~A;;~Q~N~~· ~~~ ? :··. O~··:~-: ~-;-;-;:-'~,--'--;-;-::"""~,-L,~-L.7?~~-,-,-.L..,---L__J~-1~­ ;;,:.· 0 1954 ·55 '56 '5 7 '58 ·59 '60 '61 '62 '6:l 'M '65 • Include• crude·oil and n.u urd-aa• production. tlOTE: Sh.a.ded area• lnd1c ue period• o! decline o! total bu•1ne•• <1.ct1v11y in 1he Uni1ed State•. 28 TEXAS INDUSTRIAL PRODUCTION NONDURABLE MA UFACTURES , INDEX-ADJUSTED FOR SEASONAL VARIATION-19571959· 100 200 150 100 195-1 '55 '5(, ·5 7 '58 ·59 '60 6 I '62 '6:1 '6·1 '65 NOTE: Shaded a r ea• 111d1catc per1od1 o! decline or iota! bu11ne11 acuvu~· in the Unn ed Sta in. CRUDE OIL PRODUCTION IN TEXAS INDEX-ADJUSTED FOR SEASONAL VARIATION-1957 1959· 100 NOTE: Shaded area1 indicate per1 od1 or declu1e o! iota! bu1ines• ac1iv1ty in the United Sta tu, CRUDE OIL RUNS TO STILLS IN TEXAS 200R~ .»:~.. -,-~,-''~-T~~D~~AR~IATI~O~-95~7~19T59~ ' ND~E~A~O~J~VS~FORTS~EA~S~ONTA~L~V~~NTl~·~10~0r-~r--~200 Xr 1954 '55 '56 '5 7 '58 '59 '60 '61 '62 '63 '64 '65 NOTE:: Shaded ar ea1 indic ate perioch o! decline o( iota! bu1ineH activity in 1he Unitad Statu. MISCELLA EOUS FREIGHT CA RLOADINGS I THE SOUTHWESTERN DISTRICT 200' <~-,-~-,-'~~-FO•rs~~ONTl~957~19T59~ RN~OEXrA~O~JU~Sr.TE~O~~··~S~ONTAl~V~A·~,·~n~~-~·~10~0.--~r--.200 1 150 100 50 '56 '57 '58 ·59 '60 '61 NOTE: Shaded ar ea• l11d1cate per1od1 o! decline of 1otal bu•ineu activity in the United Sta tu. TEXAS BUSINESS REVIEW BUILDI G CONSTR CTIO A THORIZED IN TEXAS TOTAL 0 AGR IC LTURAL EMPLOnt ENT 1954 '55 '56 '57 '58 '59 '60 '61 '62 '63 '64 '65 NOTE: Shaded a r ea1 lnd1catl! perioch of dec!in... of to1al bu11ne1a acuv11y in the United Su.te1. TOTAL ELECTRIC POWER USE IN TEXAS INDEX -AD JUSTED FO R 5fA50NAt VARIATION -19571959· 100 2oon~ ~ ~--~-~~~r.""" :~,]~'.,-~--.-.,.,..,.,..----,--.,---.--,----,200 1 @ ~ r:~ 11 II"' 150~ :.~;~·-+--+--+--:"1,_,_-t---+---+---t--:-i--f--Y'!;"---j---jl 5U rn l iJ"I/ ;(.).;: '• ::i O· '~ ~:il;~·~-'--'----'--""'"-_..-,-..,.....~~~.,...,..~..,..,.~~:-::-"-:'-:-:--'-::-:-:-0 1954 '55 '56 '57 '58 '59 '60 '61 '62 '6:1 '6~ '65 NOT~: Shaded •real indicate peno~ N;:;.Of"''"'OJ'-"U.;;,STr•;:;.oc.'°;:;.':::....:V::.•::;";:":.::'0:o:N:...-r•:.c95<:7...:l:,c9>r:•..:.·.'.!10~0.---r--,200 :-,---r'~X'r -"'T'""''.:::'0"'Nr"' 1.; 01..:::-::1--t---1--r.--t--+-+--+--+--l--f--j1.)0 100 :: - IOU 501"0,,,.-r---t----t---t-:..,--t---l---if---+--+--+---+--~50 u 1 95.~ ·55 ·56 ·5 7 "58 ·59 60 "61 "62 · c, ;~ "61 '65 SOURCE Te)l,t.I Ernployn1en1 Cumm11t1on. O.. u. adJUltcd fur 1ea1on.. I var1•11on b)· the Bure.t.u of Bu11nen Reu•arch. NOTE: Shaded are111 indicate per1od1 of decl1ne of total bu11nc11 11c11,·1t)' in the United State1. MAN FACTURI1 G EMPLOY !ENT IN TEXA 200F'.".'~,,-r--r'~N;:;.OEX•"";:;.'~u~ ~~~'o~­"'-~~,.-;:;.•,;:;.S•~•;:;.S0;:;.Nr•·~v~··~IA~T~IO~N~r'~·5~7~1,•5~·-·~I0;:;.0,.__.,--,200 .. ~: " ,.,, 50'""',.._+---+---+-_,,r;--+---+----!~-+--+---+---1---!50 ~ ~ :~ 0 -: :<; 1954 ·55 '56 ·57 '58 ·59 '60 '61 '62 '6:l '61 '65 SOURCE: Tex111 Employmen1 Comm1111on. Dua lldJulled for 1e11son11J variauon by 1he Bureau of 8 u11ne•• Re1earch. NOTE: Sha"'•-111rea1 indicate perioch o! dec:lmc of to101.I bu11ne11 11cuv1ty in lhe Un11ed St11te1. TOTAL EMPLOYMENT I TEXAS ~ Uill ~V 5o ~~-+---il---+-----'f~;1;:.--+--l---~f.:·,--+--+--+--+--~5o :~+~~~ ;:.~.. . ~s Ou'~~ ~.___ _,__;.x....___..__.___""""~ ·,_..__ :~: '--'----'--~--'-..,.....~o 1954 '55 '56 ·57 '58 '59 '60 '61 '62 '63 '64 '65 NOTE: Shaded areas indicate pitnocll of dechne of 1ou.1 bu•inen 11ctiv11y 1n the Uniled Stale•. ORDINARY LIFE I S RA CE SALES IN TEXAS INDEX -ADJUSTED FOR SEASON AL VARIAT/ON -1957 1959 · JOO 1 NOTE: Sh•ded •r ea1 Indicate period• of decline of tot•l bu11ne11 •ctivity in the United Staltl. x:s·, "'.' ~8 ::,•; o~s;~~~L_-,-.i.__~&l~v:._i.__ ""'"'-,,--'-:-::-,-'--~""'-,...,-c-'-.,..,-,-1-,...,..,-.L..,--'-:-:-:~o 1954 '55 '56 '57 '58 '59 '60 '61 '62 '63 '64 '65 SOU RCE: Tex;11 E mployment Commi~1ion. Dua •dJ•llltd for 1u.1on•I v•r1at1on by 1he 8ure11u of Bu11ne11 Re1ea r c h. NOTE: Sh11ded 11re11s indicate period• of decline of tot11I bu.,nell acuvtty 1n the Unned Sia1c•. GASOLI E CONS MPTION I TEXAS INDEX -ADJUS TED FOR SE~SONA.1VAl!IATION-19571959 · 100 200"""'~,,_--r-~r-"'l>;ti<&-~,--~r----.:c1"'""~r-~r--=.---,----,200 ~ H'! J~ , n~ ~h 150f;!'!..£-+--+----t--~ ~~r :-+---t--~::<~ ,~~ ·~ ;--+--t---t---1'----i150 '. ·~ r%-v.t\ A ~>· : I ..,,/JfV-1\..J~ 100~~f-;;J~.--.!::-JtM>.,...-,'\111l:r--if-'t"~'\;J;t'../fi»o'...,.'f""'-+"'--'f--f----1IOO ·. ...._, (,;!, .• : so~..&~,,.,_-t---1-~':' ·~·-+---1---i--s--+--+---1---ir---i50 ,·~ -'vi Y' v ~-~ B.} :::; ' ~ ~·"~~ ~~ ~ . t;~ o~~ ~s~~L..:-::-::-'--:~t=~-:-:--:-"-:-:--=-'-,..,,,-"-:-:--=-'-~o :..,..i...,-::-::-L.,,.-:-'-:-;:-:!"~ 1954 '55 '56 '5 7 '58 '59 '60 '61 '62 '63 '64 '65 NOTE: Sh•ded areas ind1c111e period• of declme of 101111 bu11ne11 11ct1v1ty in the United St•tes. FEBRUARY 1965 TEXAS INDUSTRIAL EXPANSION: 1%4 by Stanley A. Arbingast Manufacturing employment in Texas increased by 14,200 during 1964, according to estimates released in late January by the Texas Employment Commission. Estimated total employment in the manufacturing cate­gory was 534,400, a 3% increase from December 31, 1963. However, despite millions of dollars of new and expanded plant investment, the increase in the number of em­ployees was about 1,000 less than 1963 showed from 1962. The effects of automation, rather than a drop in plant investment, are believed to be responsible for the slowdown in the rate of employment increase. Durable goods manufacturing accounted for 12,300 of the employment gain, while nondurables were estimated to have increased by only 1,900. Largest percent in­creases in the durable-goods categories were in primary metals (8%), fabricated metals (9%), nonelectrical ma­chinery (9%), and transportation equipment (6%). Em­ployment in ordnance was estimated to have declined 7% during the year. Smaller declines were registered in wood products manufacturing (-2%) and in stone, clay, and glass products (-1% ) . In the nondurable-goods classification the largest in­crease was in apparel manufacturing (5%). The only decline was in processing of petroleum products (-4%). Of the 254 Texas counties, 215 are now listed as oil producers. The first production in Coryell County was recorded in 1964. No new large refineries have been built in Texas for several years; however, investment at those already in place has been substantial. No decline in the rate of investment is expected, but the installation of expensive and highly automated new equipment has en­abled refineries to increase output considerably while reducing their operating staffs. Technological advances and efficiency in refinery operations have resulted in recovering four times as much gasoline from a barrel of crude than was possible a half century ago. Employment at refineries declined by 1,600 during 1964 even though new investment was larger and output increased. Oil companies are spending more on research than ever before. For example, Esso Production Research, an affiliate of Humble, was established at Houston last year. Employment at the center is expected to reach 700 this year, and facilities are to be greatly enlarged. Helium capacity in the northern High Plains area was doubled during the year. Three new plants went on stream. Demand for helium is expected to continue to expand in both the government and commercial sectors of the market. A major commercial use of helium is in low-temperature refrigeration research. The market for natural gas and for natural-gas prod­ucts continued to expand. One of the largest new proc­essing plants to be placed in operation during the year was built at the Gohlke field by Coastal States Gas Processing Company. Several sulfur recovery units were built at gas plants and at refineries. In late December a release issued by the Manufactur­ing Chemists Association contained a forecast that the outlook for the chemical industry in Texas was excep­tionally promising for 1965 and 1966. The Association reported that 67 new plants are planned, and that 41 plants are currently under construction. Employment increase in the chemical industry during the year was negligible, even if many millions were spent on new and expanded plants. Some economists estimate that investment in the Texas chemical industry is now approaching $5 billion. There are about 200 plants with 49,000 employees. Investment per worker in the chemical industry is typically high because this industry, like the petroleum refining industry, is highly automated. A new plant may cost $100 million, but employment may be less than 200. In contrast, investment in an apparel plant may be only $500,000, but employment may be as many as 800 or 900. The accompanying chart on ethylene production and the table on vinyl chloride capacity illustrate well the high ranking of Texas among the states in two of the estimated 500 different types of chemicals which are manufactured here. Although the chemical industry needs very large amounts of water for processing, three of the large chemical manufacturing complexes are located at Borger, Pampa, and Odessa, in water-short West Texas. In the latter city, El Paso Natural Gas Products Company has de­veloped an unusual complex in association with several other major companies, including General Tire and Rub­ber, Rexall Chemical, and Shell. Last summer it was announced that Beaunit of New York would build a 40-million-pound capacity plant near the others for the purpose of making chemical feedstocks which the com­pany will use in the manufacture of nylon 6/6. Equipment used by manufacturers of chemicals be­comes obsolescent rapidly. The recurring expense for in­stallation of new equipment and the modernization of that in place is well illustrated by the fact that Dow has announced a $100-million modernization program for its Brazoria County installation at Freeport. A trend for some chemical plants which furnish raw materials for other plants to locate near the buyer is noticeable. For example, Witco Chemical Company has built a plant at Point Comfort to supply Alcoa with pitch for the manufacture of electrodes; Big 3 Industrial Gas and Equipment plans to sell nitrogen to Du Pont's Victoria plant from a new factory located nearby; and National Polychemicals, Incorporated, a division of the British company, Fisons Limited, is building a factory at Lufkin to make synthetic resins for sale to nearby manufacturers of plywood, particle board, and paper. Sometimes the reverse is true, however, for National Starch and Chemical Corporation has constructed a manufacturing facility near Union Carbide Chemicals at Seadrift. National will buy its raw materials from Union Carbide and will make vinyl acetate, which is used in paint and in adhesives. Food processing is the nation's largest manufacturing industry, and it is Texas' largest. Slightly over 80,000 persons manufacture food and kindred products in Texas. The work force for .this industry amounts to approxi­mately 13.2% of the manufacturing work force in the state. In 1964, for the first time, beet sugar was made at a Texas mill, the plant of Holly Sugar Corporation at Hereford. Several other communities in the Panhandle area are negotiating with other manufacturers of beet sugar in the hope of attracting a beet sugar mill. Pros­ pects for another mill in the High Plains are believed promising. Imperial Sugar Co., a refiner of cane sugar at Sugar Land, announced a $1-million expansion program. Another nationally-known brewer is establishing a plant in Texas. Schlitz has contracted to build a $15-million brewery at Longview. Other brewing firms which manu­ facture on a national scale and which have recently built or purchased plants in Texas include Anheuser­ Busch, Carling, Hamm, and Falstaff. Others may follow. One of Texas' oldest and best-known food processing firms, the Collin Street Bakery of Corsicana, is building a new factory. This company specializes in fruit cakes and markets them all over the world. FriU>-Lay is con­ structing a large new plant in Irving. Campbell Soup's new plant at Paris will approach full employment in 1965. The state's first castor-bean processing plant-a note­ worthy diversification of the Texas vegetable oils in­ dustry-is being built at Plainview. Meat packers ex­ panded many of their facilities in the large cities and VINYl· CHLORIDE PRODUCERS, TEXAS AND U. S. Capacity (Millionsof pounds Location per year) DialllOnd Alkali Co. Houston . .. .. ... ... . 100 Dow Chemical Co. Freeport .. .. .. .. . .. . 100 Ethyl Corp. Puadena .... .. .. .. .. ... .. BO Monaanto Chemical Co. Texaa City . . . .. .... .. . ..... . .. . . 150 Tenneco Chemical Co. Houston .......... .. .. . . . .. · · · .. .. · 200• Union Carbide Corp. Texaa City ... . 150 Total, Texaa .. .. ....... .............. .. . .... . 780 Other U. S. .1,470 Total, U. S • ........................... ......... ........ 2,250 •Only about two-thirds of tbia capacity ia currently usable. Source: Chemical Week, December 12, 1964, p. 94. Reproduced by per­mlaaion. ETHYLENE CAPACITY GROW 0 GULF COA T (Billio n pounds / year ) D New capac ity scheduled lo be odded by Dec. ' 66 Capaci ty in place • as of Dec . '64 GULF COAST~ 1-----------southeost Texas southern Lou i siana 61---------------------i NORTH CENTRAL REGION Indi ana NORTHERN AND ,________ WESTERN TEX AS---11---­EAST COAST ,__ ___D el o wore___.(____--+-­ New Jersey Penn syl vania W EST COA ST Califo rni a o Sou"e: CHEMICAL WEEK, Jonuory 16, 1965, p. 26. Re p rod uced by permission . built new ones in such communities as Hereford, Corsi­cana, Greggton, Coleman, Amarillo, and Abilene. Textile milling has not been a very dynamic industry in Texas for some time. In fact, a number of mills spe­cializing in various types of cotton textiles have shut down, often because obsolescent equipment made it too expensive to compete for the market. Two important developments in this industry during the year were the anouncements that the P. J. Hanes Knitting Company would built a $3-million mill at Lubbock which will employ 200-250 persons and that Ralls-Tex would manu­facture cotton-bale bagging at Ralls. Textile mills now employ 7,100, a 3% gain during the year. In December, 43,900 persons were at work in Texas manufacturing apparel, a 5% gain from 1963. By the end of 1965 employment should be increased substan­tially, because several new plants and several large expansions have been announced. Most of the Texas apparel industry is concentrated in the Dallas-Fort Worth area, in the region north and east of Dallas, in San Antonio, and in the Rio Grande Valley from Brownsville to El Paso and including Weslaco, McAllen, Laredo, Eagle Pass, and Del Rio. However, two large new plants in the Panhandle area at Amarillo (Levi Strauss) and Pampa (Form-0-Uth) indicate that a new area of con­centration may develop in that region. One sizeable new facility in northeast Texas is Henson-Kickernick's new plant at Atlanta. Among the significantly large expan­sions announced were two in Eagle Pass, one in Del Rio, one in Denison, and one in Kilgore, as well as several in the major centers of Dallas and El Paso. Outlook for the western wear (including boots and Texas-style hats) segment of this industry is believed particularly encouraging because President Johnson is a Texan. Several developments in the wood products industry during the year were of special significance. Southland ESTIMATES OF NONAGRICULTURAL EMPLOYMENT expanded as the company makes further plant additions IN TEXAS Employment Percent change (thousands) Dec 1964 Dec 1964 Dec• from from Industry 1964 Nov 1964 Dec 1968 TOTAL NONAGRICULTURAL MANUFACTURING Durable goods 2,828.1 584.4 265.1 + 1 •• •• + s + s + 5 Ordnance 5.2 2 7 Wood products 18.1 - 1 2 Furniture and fixtures Stone, clay, and glass Primary metal Fabricated metal 11.4 24.l 28.5 86.0 + •• •• •• + 2 + 8 + 9 Machinery (except electrical) 46.1 + + 9 Electrical equipment and machinery . . . . . . . . . . . ... 29.4 + 2 + 8 Transportation equipment Other durable goods Nondurable goods Food ··· ··· ·· ····· ·· Textil is less than one-half of 1%. Source: Texas Employment Commission in cooperation with the Bureau of Labor Statistics, U. S. Department of Labor. Paper Mills, Inc., will build a second paper mill in Texas at Sheldon in northeast Harris County. Initial investment will be about $10 million for a groundwood pulp mill and one paper machine with a capacity of 125,000 tons per year. Employment will be about 200 when production of newsprint begins. A kraft mill will be constructed later. Southland, headquartered at Lufkin, was a pioneer in the manufacture of newsprint from southern pine. Employ­ment at the Lufkin mill is more than 900 and will be there; newsprint capacity was increased recently by 100,000 tons a year. Champion Papers has added a 275­ton-per-day paper machine at Pasadena, as part of a $25-million modernization program, and East Texas Pulp and Paper increased capacity by 25% at Evadale. Brownwood is the location of a new 175,000-aquare· foot reflective liquid and plastic film plant, the ftnt manufacturing plant built in Texas by Minnesota Mining and Manufacturing of Saint Paul. Southern Pine Lum­ber Company, a division of Temple Industries, built a new facility to make pressed board from wood chips at Pineland, and Ideal Millwork, Inc., of Waco added a unit to its already-large factory for the purpose of manufacturing doors. New plywood manufacturing operations were estab­lished at Keltys, Diboll, and Silsbee. Demand for ply­wood has doubled in the last ten years. Because scien­tifically managed timberlands, such as those in East Texas, yield a high grade of timber and a dependable crop on a sustained basis, the outlook for expansion of the plywood industry in Texas is thought to be highly encouraging. Until recently, plywood manufacturers have concentrated production in the Pacific Northwest. In the rubber-products manufacturing category, General Tire and Rubber added two buildings at its Waco plant. The W. F. Gates Rubber Company began output of mold­ed rubber products at Wichita Falls. At Mount Vernon, Winzen Research of Minneapolis started production of a plastic film for the manufacture of balloons which are used in stratosphere research. American Polystyrene was established in Austin to make thermal cups. Employment in the stone, clay, and glass sector declined in 1964. Yet Chattanooga Glass Company i~ doubling the size of its Corsicana plant; Monarch Tile of San Angelo is building a new $1.4-million tile plant to be known as Marshall Tile at Marshall, and Vitro-Tech added a tunnel kiln and two new buildings at it Hearne plant, which manufactures vitreous china plumbing fix­tures. For years the major source of silica sand for glass manufacture in Texas has been at Santa Anna in Cole­man County. Now the pits at Santa Anna have been closed, and a major new source at Kosse in Limestone County, somewhat nearer to the major glass manufac­turers at Waco, Corsicana, Houston, and Palestine has been opened by Magcobar, a division of Dresser Industries. One of the largest employment increases in 1964 was in primary metals; a substantial portion of this increase was in Harris County where there are approximately 60 producers. An $18.8-million expansion program is un­der way at Cameron Iron Works at Houston. LeTourneau is expanding steel capacity at its heavy equipment manu­facturing plant at Longview. Dow boosted magnesium output substantially at Freeport and Velasco. Reynolds announced plans to increase output greatly for alumina at its Sherwin Works in San Patricio County. Wah Chang began processing molybdenum at Texas City and plans to double tin output at its smelter there. Superior Cable started construction on a 60,000-square-foot wire and cable producing plant at Brownwood. Sheffield Steel at Houston and Lone Star Steel at Daingerfield in Morris County operated at a high level. Production at Alcoa's Point Comfort operation hit a new TEXAS BUSINESS REVIEW MINERAL PRODUCTION IN TEXAS• 1963 1964 (Preliminary) Value Value Mineral Quantity (thousands) Quantity (thousand• Cement Portland-thousand 376-pound barrels 29,104 92,734 29.600 s 94.128 Masonry-thousand 280-pound barrels 930 2,858 950 2,917 Clayat-thousand short tons 4,199 6,849 4,191 6,732 Gem stones .. . t 150 Gypaum-thousand short tons 1.099 3,999 1,119 4,050 Helium-thousand cubic feet 933,280tt 16,l!Ott 1,340,933 .. 21,309°• Lime-thousand short tons 1,131 13,026 1,346 15,492 Natural ea-million cubic feet 6,205,034 775,629 6,515,300 820,900 Natural gaa liquids: Natural iraaoline and cycle products--thousand gallons. 3,320,416 218,975 3,532,100 233,120 LP gases-thousand gallon& 5.366.831 169,695 5,476,300 186,200 Perlite (crude)-short tons 1,000 9 Petroleum (crude)-thousand 42-gallon barrels 977,835 2,908,380 998,467 2,960,455 Salt.-thousand short tons 5.965 22.355 6,323 23,710 Sand and gravel-thousand short tons . 33,256 36,311 33,600 33,675 Stone-thousand short tons 43.142 54,007 44,005 55,087 Sulfur (Frueh process)-thousand long tons 2,550 50,109 2,711 53,265 Talc and soapstone-short tons 72,658 368 67,000 275 Value of items that cannot be disclosed: Alphalt (native), barite, bromine, clay (fuller's earth), coal (lignite), graphite, iron ore (usa­ ble), magnesium chloride (for metal), magnesium compounds (ex­ cept for metal) , pumice, sodium sulfate, and uranium ore. 62,777 74,899 Total .... .. .. $4,434,332§ $4,586,223 •Production aa measured by mine shipments, sales, or marketable production (including consumption by producers). tExcludes certain clays, included with "Value of items that cannot be disclosed." tWelght not recorded. ttDoe. not include 668,938,000 cubic feet of crude helium valued at $6.858,000 shipped to underground storage at Amarillo, Texas. ..Includea l,029,602,000 cubic feet of crude helium valued at $10,411,920,000 shipped to underground stor.. ge at Amarillo, Texas. IReviaed figure. Source: Bureau of Mines, U. S. Department of the Interior, Area Report IV-184, p. 2 (prepared in cooperation with the Bureau of Economic Gt0logy, The University of Texaa), record. There are 1,700 workers at Point Comfort; wages amounted to $12 million in 1964. Bliss and Laugh­lin established a Houston facility to produce cold-drawn round, square, hexagonal, and fiat bars. Border Steel at Vinton, near EI Paso, which has hitherto specialized in reinforcing bars, branched out into the manufacture of other steel products. The Texas steel industry, greatly expanded in recent years, can now supply a long list of products from local sources, according to a recent survey by the American Iron and Steel Institute. These products include hot rolled sheets, hot rolled strip, reinforcing bars, other hot rolled ban and light shapes, cold-finished bars, heavy struc­tural shapes, plates, blanks, and tube rounds, skelp, pipe, and tubing, wire rods, plain wire, wire products, blooms, billets, and slabs. This impressive list of end products made by Texas steel manufacturers, plus those made by producers of aluminum, magnesium, lead, zinc, copper, tin, and other metals in Texas, will prove in­creasingly attractive as a plant location factor for other manufacturers who use substantial quantities of steel in their operations. Manufacturers of fabricated metal products and of nonelectrical machinery prospered; employment in both categories was estimated to be up by 9%. Again, most of the employment increase was in Houston and in Harris County. Two new plants are of special interest­Hexcel at Graham and Sta-Rite at Kaufman. Hexcel makes aluminum structural honeycomb and Sta-Rite, headquartered in Delavan, Wisconsin, manufactures elec­tric submersible motors and submersible pumps. Both of these companies were attracted to Texas by the growing market in the Southwest. Hexcel has been so encouraged that plans have been made to double the size of its Graham plant. One of Texas' oldest industries is the Kelly Plow Com­pany of Longview. During the Civil War the company shifted from production of farm machinery to the manu­facture of ordnance for the Confederacy. Kelly, and other firms like it, may be in for sizeable expansions, because of increased demand for labor-saving farm equipment of all kinds. Many small electronics plants, most of them in the Dallas-Fort Worth area, were established during the year, and announced plant expansions were numerous. A large new factory was dedicated by Litton Industries at Lubbock. Expanding markets encouraged Lumina~r, a fabricator of lighting fixtures and infra-red units, to build a factory at Plano and Wide-lite to increase the size of its San Marcos manufacturing facility substantially. Several accomplishments of the Texas transportation equipment industry gained national attention during the year. The controversial F-111 (formerly known as the TFX) built by General Dynamics at Fort Worth made its maiden flight. If the Department of Defense begins procurement of this plane on a large scale, it will mean that billions will be spent in North Texas. At Grand Prairie on December 29, Ling-Temco-Vought, Incorpo­rated, lifted its big tri-service transport, the XC 142A, in flight for the first time. Later in January 1965 the big plane performed vertical takeoff, transition to conven­tional flight, and a vertical landing without incident. Undoubtedly, L-T-V will receive sizeable new contracts from the Department of Defense, too. Bell, the well­known North Texas manufacturer of helicopters, has been awarded numerous contracts for its plants at Hurst and elsewhere in the Fort Worth area. General Mot~rs is adding 300,000 square feet of factory space at its assembly plant at Arlington. Output at Ford's assemb~y plant in Dallas was also high and is expected to remam at peak levels through 1965. Other developments included the installation of a hydropress at Mooney Aircraft's plant in Kerrville and doubling of floor space at the Snow Aeronautical Corporation's facility at Olney. Over­haul and modification of commercial and military planes and engines by private companies under contract is an important activity at a number of locations in _Texa~. For example, Gary Aircraft employs about 300 m this type of work at Victoria. The largest plant of this type is L-T-V's facility at Majors Field, Greenville. Others are located at Brownsville, Fort Worth, Dallas, Hondo, San Antonio, and Corpus Christi. The far-reaching economic impact of NASA's Manned Spacecraft Center at Clear Lake near Houston is be­ coming more pronounced. Actual expenditures for con­ struction are now well above $100 million with many more millions still to be spent. Procurement contracts to Texas firms in 1964 almost doubled from 1963. More significant than procurement contracts is the attraction of hundreds of well-paid researchers to the Houston area. The Center is expected to employ 4,600 with an annual payroll of $40 million by the end of the fiscal year. However, these 4,600 employees do not count those employed by firms, such as Philco and Lockheed, which have established branches in Harris County to work in cooperation with scientists at the Center. In 1964 it was announced that one firm would open a Houston area research facility which will employ 1,200 scientists ultimately. Benefits which will accrue to Texas from the Center and asso­ ciated activities cannot be forecast accurately, but they are minor now compared to what they will be. Texas is about to have its first large-scale manufactur- CARLOAD SHIPMENTS OF LIVESTOCK IN TEXAS• Percent change January-December Jan-Dec 1964 Clas•iftcation 1964 1963 from J an-Dec 1963 TOTAL SHIPMENTS 1,174,748 1,583,519 -26 Cottle 322,555 545,226 -41 Calves Hogs ······ ·· ·· · 225,842 975 278,508 -19 Sheep 625,376 759,790 -18 INTERSTATE 1,142,069 1,525,688 -25 Cattle Calves Hogs 813,958 206,430 975 514,464 252,925 -39 -18 Sheep 620,706 758,299 -18 INTRASTATE 32,679 57,831 -43 Cattle Calves Hogs ' . . . . . .... 8, 597 19,412 30,762 25,578 -72 -24 Sheep 4,670 1,491 +213 "Rail-car basis: Cattle, 30 head per car; calves, 60; hogs, 80; and sheep, 250. Source: Bureau of Business Research in cooperation with the Agri­ cultural Marketing Service, U. S. Department of Agriculture. LOANS BY TEXAS SAVINGS AND LOAN ASSOCIATIONS Jan-Dec Dec Percent Type 1964 1964 1968 change Number All loans 5,786 72,702 68,084 + Construction 1,097 18,789 12,891 + 7 Purchase 2,814 86,288 82,864 + 12 Other 1.875 22,680 22,779 ­ Value (thousands of dollars) All loans .. . . . 79,991 1,014,788 909,048 + 12 Construction .... 18,313 219,636 195,076 + 18 Purchase .. .. 35,653 477,804 416,018 + 15 Other . . . . 26,025 317,848 297,954 + 7 Source: Federal Home Loan Bank of Little Rock. er of musical instruments. The Chicago Musical Instru­ment Company has purchased a small manufacturer and rebuilder of musical instruments at Abilene and expects to increase employment to several hundred. Power is a major locational factor for industry, and Texas suppliers of energy have been so pressed to keep supply running ahead of demand that a new round of power plant expansion is under way. A study by Paul McCracken, a well-known economist at the University of Michigan, shows that sales of electricity to customers in Texas more than tripled between 1950 and 1960. And McCracken's study did not include captive power-generat­ing facilities which are numerous in Texas; one of .the heaviest concentrations of captive power generation in the world is centered at Houston. It is encouraging to note that Texas electric companies are looking far ahead, for ten of them have cooperated in forming the Texas Atomic Energy Research Foundation, which spends about $1 million a year in research on fusion. The pro­gram on fusion research is a joint project with the Atomic Division of General Dynamics. Although Texas has plenty of oil and gas (and coal, too) to care for its energy needs for many years, it may take decades before man is able to create a controlled and self-sustaining nuclear fusion reaction. The foresight of Texas power companies in joining in this program is commendable. Concentration of Texas industries in and around its major cities raises a number of problems. The shift of population from rural areas into urban centers to work in factories and in service industries means that careful attention must be given to the plan of the urban en­vironment. For example, it is estimated that population increases by 70,000 in Houston each year. The problems of assimilation are tremendous. Will new slums develop where none have existed previously? Should the possibility of "metro government" for cities such as Dallas-Fort Worth, Houston, and San Antonio be given serious consideration? As rural population continues to decline, should their counties combine governmental functions into larger units which could be operated more economically? Local taxes are almost certain to rise faster than state and federal taxes. The favorable tax situation in Texas has been one of the factors which industry has found attractive when decisions were made to locate new plants here. Yet the state must have new expressways, new elementary and secondary schools, new recreational areas, and expanded TEXAS BUSINESS REVIEW airports, among many other needs. Higher education will take an increasing share of taxes if Texas is to keep abreast of the times and not fall behind. The number of students of college age who want a college education has grown astonishingly in the last ten years and will con­tinue to grow. Lastly, it should be pointed out that Texas must place less reliance on its resources as an attraction for industry. Many new resource-based industries will continue to locate here, but the dynamic new industries of the last half of this century are those which are "footloose" and can operate efficiently any place where a labor force sufficiently skilled and educated to meet the needs of industry is available. To prepare the Texas labor force to meet adequately the challenges of science and the new technology will mean a vast increase in Texas budgets at the local and state level. There is less and less work for the uneducated and the unskilled. POSTAL RECEIPTS SELECTED TEXAS CITIES Percent change City Dec 5. 1964­Jan l, 1965 Jan 4, 1964­Jan l, 1965 Jan 4, 1964­Jan 1, 1965 from Jan 5, 1963­Jan 3, 1964 Alvin ..$16,866 $129,549 + 7 Ancleton .. ... ... .... 18,290 120,710 + 4 Ballln1rer 11,901 70,783 - 1 Bellaire ... . .. 96,981 611,034 + 12 Belton 14,018 154,975 + 7 Breckenridge 12,137 103,477 + Carrizo Springs 4,602 42,626 Cartha1re 14,144 95,526 + Childress .. 11,701 86,724 Cleveland .. .. .. ... ... . 9,024 Coleman .. . 10,605 Columbua · ··· · · · · · · · · · 6,384 79,213 99,091 61,357 + 4 ••.. Commerce 9,073 94,883 + Crockett 10,858 95,939 + 13 Cuero 9,068 89,657 + 3 Dalhart 17,288 91,870 El Campo . . . . . . . .. .. 16,794 149,540 + Electra 7,457 60,822 Falfurrias 7,797 69,426 + 6 Freeport 24,116 243,326 + 6 Galena Park 13,821 96,844 + Giimer ···· ······· ·· 9,017 83,455 + Gonzales 11 ,574 92,688 Groves .. ······ ···· ·· 17,311 103,977 Hearne 6,603 57,184 + 4 Hillsboro 10,854 109,809 3 Hunt 20,576 136,721 + 9 Kenedy 6,685 58,602 + 3 Kerrville ...... ... . 26,364 217,233 + 2 La Grange 9.816 74,637 + 6 Lake Jackson 14,394 Littlefield 12,118 97,337 112,631 + •• Marlin 12,077 111.657 + 2 Mathis 4,242 36,748 + Navasota 8,498 75,879 + 4 Perryton 15.875 126,814 + 3 Pittsburg . . . . . . . . . . . 5,915 56,603 + Port Lavaca 15,737 147,721 + Rusk ······· · · · · 8,288 77,146 1 Seminole 8,423 Stephenville 20,015 68,098 142,182 3 •• Taft . . . . . . . . . . 6,054 44,625 + 7 Wharton 13,246 126,144 + \\'innaboro 6,605 60,233 + 11 Yoakum ··· ········ · · 16,391 206,248 + 7 00Change is less than one-half of 1%. TEXAS RETAIL SALES: DECEMBER AND 1964 by Robert H. Drenner Texas retail merchants recently concluded their best Christmas selling season in history and are busy now winding up their post-Christmas "sales" and stocking their spring lines to begin a new merchandising year. The state's retailers this past December sold a greater dollar volume of goods than in any previous December. A record level of consumer purchases for the holiday period was generally forecast for both the state and the nation, and most expectations were extremely optimistic. The evidence is that the optimism was largely justified. "The biggest season in our history," "exceeded our fondest expectations," "we broke all records," "our best Christmas season ever," "most satisfactory" were typical comments by Texas merchants on their December sales volume. Many merchants' comments also included a note of relief, along with the observation that the pace of consumer buying in the first week or two of the holiday season was much slower than had been expected. Before­Christmas buying closed with a rush, however, that ESTIMATES OF TOTAL RETAIL SALES IN TEXAS Percent change Classification Dec Jan-Dec 1964 1964 (millions of dollars) Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1964 from Jan-Dec 1963 TOTAL .. 1.353.1 13,654.1 +25 +to + 5 Durable goods• 456.3 5,227.5 +17 +17 + 6 Nondurable goods 896.8 8,426.6 +29 + 7 + 5 ~Contains automotive stores. furniture stores. and lumber. building material, and hardware stores. cleared away the uncertainty that the slow early weeks had given rise to. The favored merchant explanation of those first slow weeks was that stocks were so plentiful and varied that consumers saw little reason to hurry their shopping and that the way in which Christmas fell on the calendar this past December was perhaps also partly responsible for the rush of the last two weeks. Total dollar retail sales in Texas in December were 10% higher than in the same month a year earlier. December sales of nondurable goods, which accounted for over 66% of total retail volume for the month (and for nearly 11 % of 1964 sales of nondurables), were 7% above the December 1963 figure, and sales of durables were 17% higher than in December a year ago. Total retail sales in the state this past December also rose sub­stantially more from the preceding November than the normal seasonal change between the two months would have led one to expect. The extent of the greater-than­normal improvement in total retail volume from the one month to the other-and from December 1963-was largely the result of a strong recovery by Texas automobile dealers from the strike-caused exceptionally low level of new automobile sales in November (and in October, too, for that matter). There is, in fact, ordinarily a decline of approximately 6% from November to December in dollar volume by Texas motor vehicle dealers. Last year, however, this pattern was completely upset: De- RETAIL SALES TRENDS BY KINDS OF BUSINESS Percent change Actulll Jan-Dec Kind of business Number of reporting establish­ments Dec from Nov 1964 Dec 1964 Dec 1964 from from from Jan-Dec Nov. 1964 Dec 1963 1968 DURABLE GOODS Automotive stores .. 328 -6 +39 +t7 + 6 Furniture & household appliance stores 199 +s1 +3s + 8 + 6 Lumber. building material. and hardware stores .276 -12 -3 + 2 NONDURABLE GOODS Apparel stores Drugstores ... 817 .227 +68 +43 +84 +44 + 8 + + 7 + 4 Eating and drinking places Food stores 73 ... 406 + 4 +10 + 4 +23 + + 3 + s + 2 Gasoline and service stations .. . 262 + 5 + 9 + + 2 General merchandise stores .. . 319 +69 +85 + 6 + 6 Other retail stores .. 826 +34 +61 +n + 3 (IAverage seasonal change from preceding month to current month. Source: Bureau of Business Research in cooperation with the Bureau o! the Census. U. S. Department of Commerce. cember sales in the automotive category rose 39% from the preceding month. They were 17% higher than in December 1963, also chiefly because of the relative un­availability of the new models last October and November. Though this past December was also an exceptionally good one for virtually every other merchandise category, the outstanding performer, after automobiles, was ap­parel. In spite of the fact that apparel sales had been unusually brisk all year Jong, December sales were 84% above the November level-the normal seasonal gain be­tween the two months for the category is 68%-and 8% greater than in December 1963. Many apparel store managers reported exceptionally heavy demand this past Christmas season, by both their men and women cus­tomers, for higher-quality and more expensive apparel items. There is also considerable evidence that consumer purchases of apparel (and of housewares) were at an unusually high level in the first weeks after Christmas. (For example, department store volume in the two-week period ending January 9 was about 17% higher than in the comparable year-earlier period.) The explanation is probably that retail inventories in these categories were very high in order to generate the maximum in pre-Christmas sales and that most merchants conse­quently offered an unusually broad range of merchandise in their post-Christmas "clearances." This explanation of course, implies that consumer disposable income was high enough to leave Texans able and willing to take advan­tage of the post-Christmas reductions, even after their record purchases during the pre-Christmas season. Preliminary estimates by the U. S. Department of Commerce of December retail sales over the nation as a whole show that. Texas approximated the national pat­ tern. Total retail sales nationally were 9% above the December 1963 figure. Durable-goods stores reported a 14% gain, and volume by nondurable-goods stores showed a 6% increase from the previous December. In the November-to-December comparison, U. S. durable-goods volume rose 22%, very close to the gain shown in Texaa (+17% ) by the category and also primarily because of a strong improvement 'in sales by motor vehicle dealers. Nondurables volume nationally was 34% above the N<>­vember tevel ( +29% ln Texas), and total December retail sales for the country as · a whole were 27% higher than in th~ preceding month (+25% in Texas). The Department of Commerce data also show that total 1964 U. S. retail sales gained 6% from 1968 and that identical percentage gains from the preceding year were recorded in sales of both durables and nondurables. It ia noteworthy that U. S. per capita disposable income is generally estimated to have risen last year in the neighborhood of 6%. It is also noteworthy that Texas retail sales last year did not quite match the gains shown nationally: total sales in the state rose 5% from their 1963 level, even though sales of nondurable goods rose 6%. The suggestion is that the growth of Texas per capita dis­posable income last year continued to lag somewhat behind the increase in U. S. per capita disposable income, in spite of the encouraging expansion in 1964 in Texas business activity and in the state's economy generally. It has been previously remarked that the population of Texas has been growing at a rate substantially higher than for the nation as a whole and that this fact has made it extremely difficult for the state's economy to expand fast enough to bring the rate of increase in per capita personal income up to the national rate (and the greater difficulty of narrowing the absolute gap between U. S. and Texas per capita income). There is some evidence, however, that the recent rate of population increase in Texas is slowing to more nearly the U. S. rate. If thia is in fact happening, and if the Texas economy continues to expand as it did in 1964, the average Texas consumer will soon fully share the growing affluence that is re­volutionizing U. S. retail merchandising. CREDIT RATIOS IN DEPARTMENT AND APPAREL STORES Ratio of credit sales Ratio o! collectlon1 to net sales• to outstandin11t Number of reporting Dec Dec Dec Dec Classification stores 1964 1968 1964 1968 ALL STORES ......so 60.7 61.1 81.6 81.0 BY CITIES Dallas 3 65.6 67.0 46.0 47.6 San Antonio 4 67.6 68.6 88.4 88.4 Waco 8 62.4 66.2 42.l 40.8 BY TYPE OF STORE Department stores (over $1 million) 61.1 60.9 28.6 28.0 Department stores (under $1 million) 60.4 61.4 86.8 86.8 Dry goods and apparel stores . 65.S 66.7 64.4 68.7 Women's specialty shops 7 69.4 61.6 87.8 87.8 Men's clothing stores ..... • 6 61.9 68.6 89.9 '1.6 BY VOLUME OF NET SALES $1,500.000 and over .. 11 61.4 61.8 81.0 80.6 $500,000 to $1,500,000 6 61.7 68.2 89.6 89.8 $250,000 to $500,000 6 52.1 62.2 46.9 44.9 Less than $250,000 ... 7 63.8 62.7 82.7 29.6 •Credit sales divided by net sales. tCollections during the month as a percent of accounts unpaid on the first of the month. TEXAS BUSINESS REVIEW TEXAS BUILDING CONSTRUCTION: RECEMBER AND 1964 by Robert B. Williamson Building i>ermita ·issued in Texas during 1964 reached a record value of $1.6 billion, or 7% greater than the 1963 total. Providing m'ost' of the increase from 1963 was a 25% gain in permits for nonresidential buildings, which, in turn, was led by a sharp rise in authorizations for industrial buildings. Residential authorizations de­creased 3%, while permita for additions, alterations and repairs were up 2%. Compared with the 1957-1959 aver­ ages, the index of total construction authorizations was up by one-third, the nonresidential building index was up by more than one-half, and the residential index re­ flected an increase of nearly one-fi.f.th. The direction of the current trend of Texas building permits at the end of 1964 was uncertain because of the erratic nature of the monthly data. The December index of total construction authorized in Texas reflected a seasonally adjusted decline from the record peak of the previous month but maintained an 8% margin over the level of December 1963. The largest part of the December decline was caused by a not-unexpected fall in non­residential permits from their all-time high in November. This downward adjustment was fairly general, with edu­cational buildings and churches the only major nonresi­dential categories showing gains from November. Residential construction authorizations also showed a seasonally adjusted decline in December following an improvement in November. The December decline brought the residential index down 5% from its December 1963 value to a level only 104.4% of the 1957-1959 average and the lowest the index has been since December 1961. The 1964 growth rate of 7% for total building permits iuued in Texas represented a very satisfactory overall performance compared with past trends and with the national growth rate. It was better than the 5% average annual gsin for Texas permits during the past fi.ve years and was slightly above the national 6% increase in value of new buildings completed in 1964. (Although the Texas permit data are not strictly comparable with the na­tional building completions figures, experience indicates that permits are a reasonably accurate indicator of trends in building completions.) Accounting for the faster growth in the state during 1964 was the 25% gain in nonresidential authorizations, which was well above the national 10% gain in nonresidential building completions last year and the largest percentage increase for this category in Texas since the 26% increase recorded in 1960. The outstanding feature of the 1964 expansion in Texas nonresidential authorizations was a 92% increase in the value of industrial building permits to a new postwar high. The corresponding national increase in industrial building completions was only 13%. The Texas increase in industrial building permits followed respect­able gains in each of the, preceding two years and was on top of a 1963 level that had been the postwar record ESTDIATED VALUES OF BUILDING AUTHORIZED IN TEXAS Percent chanire Dec Jan-Dec 1964 1964 Dec 1964 Jan-Dec 1964 from from Claasiflcation (thousands of dollars) Nov 1964 Jan-Dec l 96S ALL PERMITS .... . $100,782 $1,612,584 -27 + 7 New construction 87,103 1,440,030 -82 + 8 Residential (housekeeping) 47,165 809,658 -17 s One-family dwellings 35,439 582,284 -11 + 1 Multiple-family dwellinga 11,726 227,374 -so -11 Nonresidential buildings . . . 39,938 630,381 -44 + 25 Nonhousekeeping buildings (residential) 1,400 29,131 + 8 +H Amusement buildings 993 17,722 -41 -30 Churches 3,471 41,021 + 28 + Sl Industrial buildings . 2,758 84,596 -56 + 92 Garages (commercial and private) 276 7,593 -28 + 3 Service stations 796 16,591 -36 + 28 Hospitals and institutions 2,285 62,328 -80 + 20 Office-bank building& 3,144 87.849 -84 - 1 Works and utilities . l,610 30,811 -73 + 39 Educational buildings 15,227 125,116 + 63 + 16 Stores and mercantile buildings 7,307 107.721 -29 + 42 Other building& and structures 671 19.902 -38 + 14 Additions. alterations, and repairs 13,679 172,545 + 24 + 2 METROPOLITAN vs. NONMETROPOLITANt Total metropolitan 82,348 1,321,501 -29 + s Central cities Outside central cities 67,204 15,144 1,037,804 283,697 -~o -26 + 4 •• Total nonmetropolitan . 18,434 291,083 -19 + 30 10,000 to 50,000 population 11,229 170,254 + 1 + 33 Lesa than 10,000 population 7,205 120,829 -39 + 27 t Aa defined in 1960 Census. ••Change is less than one-half of 1% Source: Bureau of Business Research in cooperation with the Bureau of the Census, U. S. Department of Commerce. up to that time. Although urban building permits cover only a portion of total industrial construction in the state, the sharp growth in this type of permit activity probably indicates a significant expansion in total indus­trial plant construction in Texas during the past year. After industrial buildings, the next largest dollar increase in Texas nonresidential building permits during 1964 was for stores and mercantile buildings. Following these gains in business construction, the next largest increases were for educational buildings, hospitals and other institutional buildings, and churches. The only important nonresi­dential categories showing declines were amusement buildings and office-bank buildings. The value of Texas residential building permits in 1964, although down 3% from 1963 and showing a declining trend as the year ended, was at a level for the year second only to the record high of 1963 and continued to represent the largest major component of building authorizations in the state. All of the 1964 decline in NONRESIOENTIAL BUILDING • RE IDE 'TIAL B JLOI G AUTHORIZED I TEXAS" A Tl-IORIZED IN TEXA S ·: _-\-1f'r-::+-v/'" ,.::.,f.;;;.,..J.lb~l---h-"14Jv+~' · : 'r~ --V-r)ll r·~-11• oo _-t™ I 00 7 ('I ..., \.f (\._ J. \~ "V:¥ ( "f:".;..+-+'Y'll\.,IV-+,,.-t-': ___:1-+-'"i··-r------r----t--11so sory: OL~:~1 -·-..~.5~11....L·~5~9-'-:-·70~·· 1 ~2. 67.3-'-;'7674--'-7:'6u5~0 9:\5'-1;5-1-.5-6,....L~.5~7~ ~~'767-'--::.6:-'--~ • •:•dudtt add111gnt, a\1.,nt1on1, and repa1r 1. NOTE• Shaded a ru1 1nd1t•te penod1 of decline of 1ot.tl bu11ne11 ac t1 v11y in the United State1. value of residential permits was for multiple-family • Exclude• add1t1o na, du:rauon1, ;a nd repa1r1. NOTE: Shaded are.is 1nd1catt p.. r1 od1 o f decline o f 1o t:1. l busm e n acuv11y m the Unu ed State1. dwellings. The value of permits for single-family dwell­ ings showed an increase of 1%. However, in terms of the number of dwelling units, both one-family dwellings and apartment units showed declines and the total num­ber of dwelling units in Texas residential permits de­creased 9% from 1963 to a 1964 total of 75,742 units. The national totals for residential construction showed somewhat greater strength during 1964, with the value of residential completions increasing 2% and the number of housing starts decreasing only 4%. However, the na­tional trend for residential building was also continuing downward at the end of the year, based on the national data for permits issued in December. The greatest strength in Texas building authorizations during 1964 was in the nonmetropolitan areas of the state. Whereas the total value of construction authoriza­tions in metropolitan areas increased only 3% last year, the gain in nonmetropolitan areas was 30%. These latter areas also showed increases in the number of dwelling units authorized, with especially strong gains registered for apartment units. In contrast, declines were recorded for all types of residential units in the combined metro­politan areas. The Texas city showing the greatest per­centage gains in 1964 for both total permits and non­ residential permits and showing one of the greatest gains for residential permits was Longview, which is classified as "nonmetropolitan." Metropolitan area cities which recorded the greatest percentage gains in total value of building authorizations included San Angelo, Lubbock, and Tyler. Other metropolitan area cities which showed striking increases in residential building were Fort Worth, Odessa, and Irving. BUILDING CONSTRUCTION AUTHORIZED IN TEXAS SELECTED CITIES Residential Dwelling units (number) Nonresidential Total construction" City January-December 1964 1963 Percent change Jan-Dec 1964 1963 Percent change January-December 1964 1963 Percent change January-December 1964 1968 Percent chanire Abilene .$ 8,722,950 $ 11,329,607 -23 638 722 - 12 $ 2,846,054 2,925,202 - 3 $ 12,180,806 $ 14,849,529 -18 Amarillo 22,288,650 26,456,335 -16 1,565 2,060 - 24 12,951,245 12,446,064 + 4 40,008,642 42,954,483 - 7 Arlinirton 14,270,344 14.387,397 - 1 1,291 1,431 - 10 14,980,866 7,579,166 + 98 30,478,324 22,464,142 + 86 Austin 42,897,280 51,300,493 -16 2,950 3.841 - 23 22,867,709 23,701,602 - 4 70,427,410 80,640,966 -13 Beaumont 5,396,548 6,416,257 -16 491 609 - 19 6,155,494 5,143,935 + 20 12,582,648 12,481,424 + 1 Corpus Christi 13,816.951 13,382,010 + 3 l,519 1.265 + 20 14,939,237 8,605,707 + 74 31,476,801 24,905,516 + 26 Dallas El Paso Fort Worth Galveston Garland Grand Prairie Houston Irving LonKView Lubbock Mesquite Midland Odessa Port Arthur Richardson San Anirelo San Antonio Tyler ·· ··········· Waco Wichita Falls 85,917,853 23,745,115 26,265,909 3,248,859 9,582,563 6,624,656 142.057,018 23,030,597 4,074,000 83,092,023 6,146,459 7,366,450 3,284,650 J,194,421 11,936,877 3,757,700 37,437.951 8,356,350 9,127,777 2.595,250 106,847,175 20,171,281 18,213,057 2,809,021 17,639,649 5,750,695 175,361,947 19,176,854 3,226,000 20,456,168 8,369,963 6,822,500 2,616,822 1.415,846 14,873,702 3,896,800 32,081.628 8,765,052 8,792,440 7,243,910 -20 + 18 + 44 + 16 -46 + 15 -19 + 20 + 26 + 62 -27 + 8 + 26 -16 -17 -4 + 17 -5 + 4 -64 9,256 2,214 2,967 280 795 471 14,274 8,071 258 2,913 748 490 151 115 681 393 4,726 470 780 187 13,018 1,719 1,856 235 2,172 461 19,675 2,301 197 l,509 880 388 128 134 1,060 388 4,063 735 808 664 -+ + + -+ -+ + + -+ + --+ + --- 29 29 60 19 63 2 27 33 SJ 93 15 26 18 14 86 1 16 36 3 72 80,900,961 17,007,890 31,066,922 11,400,153 7,085,865 1,584,878 122, 765.020 8.145,564 23,824 ,300 24,432,535 4,390,854 2,877,300 1,494,110 2,387,486 8,059,569 4,879,521 22,672,366 8,944,473 3,843,387 7,604,260 76,477,977 17,181,491 23,408,034 10,488,961 8,403,076 1,911,643 93,236,167 9,198,431 2,851,514 17,907,493 4,212,414 2,989,835 3,973,823 1,685,253 3,574,928 1,549,817 19,432,434 2,895,534 4,031.073 5,647,675 + 6 -1 + 33 + 9 -16 -17 + 32 -11 +918 + 36 + 4 -4 -62 + 42 +125 +215 + 17 +209 5-+ 35 186,843,478 46,262,532 69,130,538 15,970,188 17,535,860 9,157,550 321,763,647 31,794,595 28,614,800 59.585,522 11,069,146 11,270,445 5,897,464 5,050,841 20,250,769 9,332,605 69,324,981 17,889,500 15,346,880 12,767,591 206, 770,386 42,546,769 52,855,910 14,639,564 26,978,729 8,411,180 818,615,517 28,826,225 6,359,814 41,122,102 13,020,266 11,143,802 7,192,865 4,222,293 18,248,871 6,053,715 60,420,281 12,701,316 15,603,566 14,923,014 -10 + 9 + Sl + 9 .....1. 86 + 9 + 1 + 10 +s5o + 46 -15 + 1 -18 + 20 + 11 + 54 + 15 + 41 2--14 0 Includes additions. alterations, and repairs. 38 TEXAS BUSINESS REVIEW LOCAL BUSINE SS CONDITIONS Percent change Percent change City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1964 Jan-Dec 1963 Jan-Dec 1964 from Jan-Dec 1963 ABILENE Standard Metropolitan Statistical Area (pop. 126,406•; Jones and Taylor2 ) Nonfarm employment (area) . . . . . . . . . . . . . . . 36,650 + 2 - 1 36,058# 36,650# - 2 Manufacturing employment (area) . 3,990 - 4 - 5 4,254# 4,283# - 1 Percent unemployed (area) 4.2 - 14 -26 5.1# 6.1# -16 ABILENE (pop. 90,368) Retail sales . . + 25t + 33 - 3 + 5 Apparel stores . ... . Automotive stores .. . + 68t -St + 88 + 15 + 22 -32 + lS + 7 Food stores + lOt + 5 + 3 1 Furniture and household appliance stores.. + 3lt + 67 + 6 General merchandise stores . + 69t + 82 + 6 + 5 Lumber, building material, and hardware stores.. . - 12t + 14 + 23 Postal receipts• .. ... ...... .. . .. ... $ 172,562 + 24 - 9 $ l , 723,930 $ 1,687,254 + Building permits, less federal contracts.. .. .... . $ 720,531 -25 + 12 $ 12,181,112 $ 14,849,529 -18 Bank debits (thousands) . . . . . . . . . $ 133,463 + 17 + 11 $ 1,394,951 $ 1,294,807 + 8 End-of-month deposits (thousands) i . ..........S 74,254 + 5 $ 67,791# $ 70,966# - 4 Annual rate of deposit turnover. 22.1 + 12 + 11 20.6# 18.2# + 13 ALICE (pop. 20,861) Retail sales ... . ... . .................. ... , ... . . + 25t + 48 + 10 + 10 Food stores . .......... .... ... .. . .. ...... .. + lOt + 16 + 10 + 8 Lumber, building material, and hardware stores.. ... - 12t + 36 + 9 + 1S Postal receipts• . . . . . . . . . . . . . . $ 27,123 + 37 + 4 $ 259,459 $ 246,361 + 5 Building permits, leas federal contracts. .$ 62,585 -14 + 8 $ 1,499,843 $ 2,242,620 -83 ALPINE (pop. 4,740) Postal receipts• . .. ... ..... ...... ....... . .... ..$ 7,846 + 43 -12 $ 75,161 $ 75,337 •• Building permits, leas federal contracts. . . . . $ 22,950 -28 -89 g 276,944 $ 600,576 -M Bank debits (thousands) .. . ... ......... . ...... . $ 3,563 + 1 + 8 s 39,402 $ 37,130 + 6 End-of-month deposits (thousands>:.... . .. ... . $ Annual rate of deposit turnover..... . .... . 4,689 9.2 + 2.. + 9 + 2 g 4,248# 9.3# $ 4,018# 9.3# + •• Indicators of business conditions in Texas cities pub­lished in this table include retail trade, postal receipts, building permits, banking, and employment. City infor­mation is published when a minimum of three indicators is available. The cities have been grouped according to Standard Metropolitan Statistical Areas. In Texas all 21 SMSA's are defined by county lines and, for this reason, the counties are listed under the major heading for the area.2 The 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 Census figure with the exceptions of those marked ( r), which are estimates officially recognized by the Texas Highway Department, and that given for Pleasanton, which is a combination of the 1960 Census figures for Pleasanton and North Pleasanton. Retail sales data are reported in this tabulation only when three or more stores report for the category. The first column contains an average percent change from the preceding month marked by a dagger (t). This is the normal statewide seasonal change in sales by that kind of business--except in the cases of Dallas, Fort \Vorth, Hous­ton, and San Antonio, where the dagger is omitted because the normal seasonal changes giYen 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 Busi­ness Research. Postal receipts information which is marked by an asterisk (*) indicates cash received during the four-week postal accounting period ended January 1, 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 (:I:) . 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 marked with a number sign (#) are monthly averages. Percent chanire Percent ehanae Dec 1964 Dec 1964 Jan-Dec 1964 City and item Dec 1964 from Nov 1964 from Dec 1968 Jan-Dec 1964 Jan-Dec 1968 from Jan-Dec 1988 AMARILLO Nonfarm employment (area) .. Manufacturing employment Percent unemployed (area) ... (area) . Standard Metropolitan Statistical Area (pop. 166,6161; Potter and Randall2) 66,200 6,600 8.6 + 1 -1 -16 + + 6 8 64,417# 6,481# 8.7# 64,888# 8,094# 8.8# •• + 8 a AMARILLO (pop. 155,205r) Retail sales Apparel stores ............ . .. . . . .. . . ... .. . Automotive stores .. + + 26t 68t st + 29 + 98 -28 -2 •• -82 + 8 + a + 11 Eatinir and drlnklnl' places . Florl1ts . . . . . . . .. ... . ... . . . + 4t + 17 +164 + 17 + 25 + 9 9 Furniture and household appliance stores .. Gasoline and service stations. + 8lt + 6t + 47 + 6 + 11 -6 + 8 + 8 General merchandise stores . + 69t + 68 -10 8 Lumber, building material, and hardware atores ... . - 12t -28 -11 a Postal receipts• . . . . $ 869,628 + 9 + 7 $ 8,498,168 $ S,808,911 + 6 Building permits, leaa federal contracts . . $ Bank debits (thousand•) ...... . . .. .......... . . . $ 1,784,780 862,888 -44 + 22 -11 + 22 $ 40,008,642 $ 8,680,876 $ 42,954,488 $ S,017,465 7 + 20 End-of-month deposlta (thousands>* . Annual rate of deposit turnover. . .. . $ 129,870 88.0 + 8 + 19 + 4 + 21 $ 127,144# 28.6# $ 128,004# 24.6# + 8 + 17 CANYON (pop. 5,864) Retail salea Drug atorea . . . . . . ........... . + 48t + 26 •• + 8 Postal receipts• . . . . . . . . . . . . . . . . . . . . . $ 16,269 + 47 + s $ 116,875 $ 96,859 + 21 Building permits, less federal contracts. . $ 49,600 -17 -54 $ 1,820,680 $ 1,880,169 -28 Bank debits (thousands) .............. . .. . . . . . . S 9,169 + 28 + 24 $ 89,526 $ 84,070 + 6 End-of-month deposits (thousands) i. . . . .. $ 7,248 -5 + 2 $ 6,966# $ 6,762# + 8 Annual rate of deposit turnover. ... .......... . . 14.8 + 28 + 18 12.9# 12.5# + 8 ANDREWS (pop. 11,135) Postal receipts• . . . . . . . . . . . . . . . . .. $ 16,606 +108 + 23 $ 117,740 $ 118,886 -1 Buildinir permits, len federal contracts . . .. .$ 67,226 + 89 +121 $ 610,917 $ 686,988 -11 Bank de bi ta (thousands) . . .... . .. . .. $ 6,460 + 7 + 10 $ 71,039 $ 69,628 + 2 End-of-month deposits (thousands) i . . . .. $ 7,526 4 + 1 $ 7,052# $ 7,168# Annual rate of deposit turnover. 10.1 + 6 + 10 10.1# 9.8# + ARANSAS PASS (pop. 6,956) Postal receipts• . . . . . . . . . . . . . . . $ 8,866 + 78 + 17 $ 70,286 $ 68,459 + 8 Building permits, lesa federal contracts . .$ 14,620 -20 -63 $ 849,282 $ 497,040 - 80 Bank debits (thousands) . . . . . . . . . . . . . . . . End-of-month deposits (thousands) i . . . $ . . $ 4,629 6,261 + 6 s -12 -13 $ $ 68,244 6,296# $ $ 62,017 6,062# -- 8 18 Annual rate of deposit turnover. 10.4 + 6 - ?, 10.9# 10.2# + 7 ARLINGTON: see FORT WORTH SMSA AUSTIN Standard Metropolitan Statistical Area (pop. 243,2261; Travis2) Nonfarm employment (area) . Manufacturinl' employment Percent unemployed (area) . (area) . ··· ····· ····· 95,000 6,280 2.9 + 1 •• 9 + 6 + 4 -17 90,788# 6,281# 8.1# 86,692# 6,914# S.6# + 6 + 6 -1' AUSTIN (pop. 186,545) Retail salea Apparel atores . Automotive 1tores Drug atorea ·· ····· ········ ·· · ·············· · ··········· + 26t + 68t -6t + 48t + 41 + 97 +114 + 29 + 12 + 21 + 87 -1 + 1 + 8 + 8 + 2 Eatinl' and drinking places . + 4t - 1 - 1 8 Furniture and household appliance stores . + Slt + 37 + 18 + 8 General merchandise stores . Lumber, building material, + 69t + 27 - 18 -18 and hardware stores . . . . . . . . . . . .. - 12t - 10 + 21 + 9 Postal receipts• ....................... . .. $ Building permits, less federal contracts. ....... . $ Bank debits (thousands) . ....... . $ End-of-month deposits ( thouaa nds Ji. .... $ Annual rate of deposit turnover. ······ ... ..... 666,740 3,722.075 290,841 188,156 19.2 . + 85 + 40 4 + 7 7 + 9 -10 1 + 9 8 $ 6,859,470 $ 70,427,410 $ 8,749,074 $ 184,408# 88.8# $ 6,401,220 $ 80,640,966 $ 8,550,911 $ 178,296# 82.8# + 7 -18 + 8 + 8 + 6 Percent change Percent chanire City and item Dec 19S4 Dec 1964 from Nov 19S4 Dec 19S4 from Dec 19S3 Jan-Dec 19S4 Jan-Dec 19SS Jan-Dec 1964 from Jan-Dec 1963 ATHENS (pop. 7,086) Postal receipta• . . . . . . . . . . .S 17,812 + 41 + 18 $ 1S4,S27 $ 138.625 + 19 Buildinir permita, leas federal contracts. .S 74,000 -29 + 38 s 1.747,300 $ 1,814,875 - 4 Bank debita (thouaanda) . . . . . . . . . . . . . . . . .S 13,1S2 5 + 14 $ 14S,714 $ 12S,555 + lS End-of-month deposita (thouaanda) i . ... .S 10,155 -10 10,341# $ 10,264# + Annual rate of deposit turnover. . ... . .. ... . 15.4 + 4 + 24 14.3# 12.4# + 15 BAY CITY (pop. 11,656) Retail sales + 25t + 88 + 22 + 12 Automotive atores ..... . . . . . . ... . . . .. . . .. . -st + 76 + 24 + 7 Postal recelpta• . . . . . . . . . . . . . . . . . . . . . . . . . . . .S 2S.255 + 74 + 14 $ 198,986 $ 187,738 + 6 Bank debita (thouaanda) . . . . . . . . . . . . . . . . . .S End-of-month deposita (thouaanda) i . ....S Annual rate of depoait turnover. 18,178 27,17S 8.0 + 9 •• + 7 + 9 + 4 + 4 $ $ 213.427 25,473# 8.4# $ $ 193,396 23,293# 8.4# + 10 + 9 •• Nonfarm placementa . . ... 86 -25 -22 1,232 1,005 + 23 BAYTOWN: see HOUSTON SMSA BEAUMONT-PORT ARTHUR-ORANGE Standard Metropolitan Statistical Area (pop. 314,7431 ; Jefferson and Orange2 ) .Nonfarm employment (area) . Manufacturinir employment (area) . 116,SOO 86,150 + 1.. + + 1 113,792# 35,734# 107,S8S# 35,472# + 6 + 1 Percent unemployed (area) .. .. 5.4 -8 7 S.0# 7.0# -14 BEAUMONT (pop. 119,175) Retail sales ......... . ..... . ... . . .. . . . .... . . .. . + 25t + 52 + 8 + 1 Apparel atores ......... . ... . . . . . . ... ..... . + 68t +140 + 10 + 7 Automotive atores . ... ..... ... . ..... . . . .. . -St + 41 + 14 + Drue atores ...... . . . ......... . . .... . . . . . . + 4St + 88 + 2 + 1 Eatlnir and drlnklnir places.... ......... . . . + 4t + 14 + 15 + 1 Food atores ...... .. .... . ............. . ... . + lOt + 13 -4 2 Furniture and household appliance stores.. . General merchandise atores........ . + Sit + S9t -7 +109 + IS + 3 + •• Lumber, buildinir material, and hardware atores .. . ..... . -12t -25 -19 4 Postal receipta• . . . . . . . . . . . . . . . .S 212,21S + 37 -3 $ 1,935,270 $ 1,907,184 + 1 Bulldinir permlta, leaa federal contracts. . ...S 807,2S9 -37 -42 $ 12,582,S43 $ 12,481,424 + Bank debita (thouaanda) . . .. ..... ....S End-of-month deposita (thouaanda) t . $ Annual rate of deposit turnover. 227,214 11S,1S5 24.0 + 14 + 5 + 12 + 3 + 3 + 3 s 2.541.SOO $ 107,405# 28.7# $ 2,328,050 ' 107,929# 21.S# + 9 •• + 10 NEDERLAND (pop. 12,036) Postal recelpta• .. ... ...... . . ..... . .. . Buildlntr permita, less federal contract&. Bank deblta (thouaanda) ............... . End-of-month depoaita (thouaanda) i . .. Annual rate of deposit turnover... • • .. .$ • 29,181 90,984 S,729 5,043 15.S +232 -18 + 11 -5 + 17 + 28 -7 + 28 + 11 + 14 $ 1SS.24S $ 3,lll,8S2 $ 75,707 $ 5.023# 15.2# $ 129.122 $ 2,295,385 $ SS,393 $ 4,226# 15.9# + 6 + S6 + 14 + 19 -4 ORANGE (pop. 25,605) Retail sales . .. ....... .. ... ......... . + 25t + 19 + 19 + ,4 Automotive atores . ....... . ......... . . . .. . - St + lS + 27 + 4 Furniture and household appliance atorea. + Sit + 11 + 11 + 12 General merchandise atorea.... + 69t + 89 + 8 -10 Lumber, buildintr material, and hardware atores . - 12t - 2S + 16 + 6 Postal receipta• . . . . . . . . . . . . . . ...... . ....S 41,S42 + 8 - 5 $ 394.8S7 $ 871,S25 + 6 Buildinir permita, leas federal contracts . .S Bank debita (thouaanda) .. . ... . .. .. .. .. . .. .....S End-of-month deposita (thouaanda) t .... .......$ Annual rate of deposit turnover. .. .. . . Nonfarm placementa ..... .. ... .... . ..... .. .. . . 557,372 82,1S7 2S,555 14.5 166 +370 + IS -1 + 14 -29 -23 2 -1 -8 + 14 $ $ $ 2,215.S82 361,704 25.445# 14.2# 2.244 $ s $ 3,S59,156 855,758 25,034# 14.2# 1,810 -39 + 2 + 2.. + 24 PORT NECHES (pop. 8,696) Poatal recelpta• . ... .... .... . ... ...... .. ..... .. S Buildlnir permtta, leaa federal contracts.. .......S Bank deblta (thouAnda) ..... .. .. . . . .. . ... .....S End-of-month deposita (thomandl>i.. .... .....S Annual rate of deposit turnOYer... .......•.•..• FEBRUARY 1966 14,031 + 93 + lS $ 109,940 $ 99,579 50,398 -63 +13S $ 2,040,632 $ 1,549,365 11,918 + 31 $ 118,913 $ 102,001 6,740 + 5 + 3 $ S,589# s S,035# 21.7 + 2 + 25 18.1# 16.9# + 10 + 32 + 17 + 9 + 7 Percent change Percent change City and item Dec 19G4 Dec 19G4 from Nov 19G4 Dec 19G4 from Dec 19G8 Jan-Dec 19G4 Jan-Dec 19G3 Jan-Dec 19G4 from Jan-Dec 19G8 PORT ARTHUR (pop. 66,676) Retail sales Automotive stores Eating and drinking places . Furniture and household appliance stores. General merchandise stores . + 25t -Gt + 4t + 3lt + G9t + 32 + 19 -8 + 2G + 70 + 18 + 59 -2 -12 + + 9 + 22 -15 4 7 Lumber, building material, and hardware stores . Postal receipts• Building permits, less federal contracts . Bank debits (thousands) . End-of-month deposits (thousands) i . Annual rate of deposit turnover . . .. $ $ . . $ ...$ -12t 105,404 85,532 G8,8G4 4G,480 18.1 + 1 + 42 -55 + 9 + 4 + 3 + 17 + G -G5 + 3 + 10 -3 $ 787,893 $ 5,050,7Gl $ 793,257 $ 42,842# 18.G# $ 7G5,725 $ 4,222,293 $ 7GG.407 $ 42,837# 17.9# 5 + 8 + 20 + •• + BEEVILLE (pop. 13,811) Retail aales Drug stores + 43t + 39 + 4 + 4 Food stores .. .. .. . ... . + lOt + 14 + 15 + Postal receipts• ..... $ 22,574 + G8 + $ 173,G30 $ l 75,3G9 Building permits, less federal contracts . . .....$ 4,435 - 72 - 7G $ G55,472 $ 828,063 - 21 Bank debits (thousands) . .. $ 11,442 + 14 + $ 132,957 $ 131,203 + End-of-month deposits (thousands) i . ......$ 15,820 + 2 + $ 14,929# $ 14,500# + Annual rate of deposit turnover . 8.8 + 11 + 1 8.9# 9.0# 1 Nonfarm placements ................ . 101 - 20 + 1 1,478 1,358 + 9 BIG SPRING (pop. 31,230) Retail sales + 25t + G8 + 9 + Apparel stores . + G8t + 98 - 4 + Automotive stores ........... . . - Gt + G4 + 11 + 4 Drug stores ...... . ... . + 43t + G3 2 6 Lumber, building material, and hardware stores............. . - 12t + 40 + 9 + Postal receipts• .... .. ..... .. . . $ 62,977 + 78 + $ 465,771 $ 524,527 -11 Building permits, less federal contracts. .$ G62,132 +310 +705 $ 4,390,779 $ 4,225,175 + 4 Bank debits (thousands) ........ ...... . End-of-month deposits (thousands) i . .....$ .$ Annual rate of deposit turnover .. . ....... . . . 43,084 25,063 20.9 + 21 + 3 + 17 + 8 -5 + lG $ $ 451,357 24,203# 18.G# $ $ 480,022 25,713# 18.G# -- 6 6 •• Nonfarm placements llG -31 -13 2,325 2,074 + 12 BISHOP: see CORPUS CHRISTI SMSA BONHAM (pop. 7,357) Retall aales Automotive stores ........ . .. . . . . . . . . Lumber, building material, - Gt + 42 + 5 + 11 and hardware stores . . .............. . Postal receipts• .............$ Building permits, less federal contracts . .$ Bank debits (thousands) . . . ....... .... .$ End-of-month deposits (thousands) i . . . $ Annual rate of deposit turnover. -12t 16,6Gl 15,000 8,272 8.400 11.8 -5 +129 -49 + 2 •• + 2 -14 + 27 -G9 + 2 $ $ $ $ lOG,340 898,200 97,703 8,044# 12.1# $ $ $ $ 9G,08S 1,697,425 101,29G 8,143# 12.5# + 4 + 11 -47 4 1 8 BORGER (pop. 20,911) Postal receipts• Building permits, less federal contracts . Nonfarm placements BRADY (pop. 5,338) ..$ .... $ 36,099 110,GOO lGG + 64 + 45 + 3 + 8 +198 +148 $ $ 282,621 2,203,943 1,894 $ $ 276,265 l ,796,012 1,507 + + 23 + 26 Postal receipts• . . . . . . . . . . . . . .. . . .. ......$ Building permits, less federal contracts . $ Bank debits (thousands) . . .. $ End-of-month deposits (thousands) i . $ Annual rate ot deposit turnover . . .. ... .... . . BRENHAM (pop. 7,740) 8,841 13,550 5,899 7,231 9.9 + 54 -74 + 19 + 2 + 19 + 6 + 4 $ $ $ $ 77,409 1,063,722 68,106 7,383# 9.2# $ $ $ $ 74,714 578,130 66,880 7,534# 8.9# + + 84 + 2 2 + Postal receipts• . . . . . . . . . . . . . . . . . . . . . . . . ...$ Building permits, less federal contracts.........$ Bank debits (thousands) . . . . . . . . .. S End-of-month deposits (thousands)t . . ... .$ Annual rate of deposit turnover. BROWNFIELD (pop. 10,286) lG,193 70,389 12,494 14,G18 10.3 + 50 +131 + 10 + 1 + 8 7 + 62 + 14 + 3 + 8 $ $ $ $ 136,666 1,482,382 145,323 13,629# 10.7# $ $ $ $ 136,182 845,716 138,485 13,502# 10.3# •• + 75 + + + Postal receipts• ........$ Building permits, less federal contracts . . ...$ Bank debits (thousands) . End-of-month deposits (thousands)t . Annual rate of deposit turnover...... .. .. . . ....$ $ 19,352 38,025 32,877 1G,9G5 2G.5 + 73 -38 + 47 + 32 + 25 + 14 +539 + 30 -3 + 40 $ $ $ $ 157,484 1,275,542 273,085 14,590# 19.2# $ $ $ $ 155,919 1,402,419 230,187 15,330# 15.1# + 9 + 19 -5 + 27 42 Percent change Percent change City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1964 Jan-Dec 1968 Jan-Dec 1964 from Jan-Dec 1963 BROWNSVILLE-HARLINGEN-SAN BENITO Standard Metropolitan Statistical Area (pop. 146,2071; Carneron2) Nonfarm employment (area) . 35,160 + 1 + 1 34,979# 84,875# + 2 Manufacturing employment (area) . 4,970 - 1 1 4,956# 4,931# + 1 Percent unemployed (area) . 7.2 + 14 3 6.8# 7.5# 9 BROWNSVILLE (pop. 48,040) Retail sales Automotive stores .. - 6t + 30 + 28 + 18 Lumber, building material, and hardware stores. Postal receipts• . . . . . . . . . . . . . . . . . . . . . . . . .$ -12t 53,768 -11 + 38 + 1 -11 $ 467,851 $ 468,107 + 8.. Building permits, less federal contracts . .$ 184,916 -70 -10 $ 3,472,240 $ 2,591 ,451 + 84 Bank debits (thousands) . . ..... . ........ . ....$ End-of-month deposits (thousands) i . . .. $ Annual rate of deposit turnover. Nonfarm placements 43,049 23,427 22.8 326 + 9 + 7 + 2 -54 + 2 •• + + 15 $ $ 435,098 20.409# 21.8# 6,824 $ 454,866 21,286# 21.3# 3,297 -4 -4 •• + 92 HARLINGEN (pop. 41,207) Retail sales ... + 25t + 24 + 28 + 6 Automotive 1tores .. - 6t + 24 + 81 + 7 Food stores .......... . + lOt + 20 + 8 + Gasoline and service stations . + st + 22 + 7 Lumber, building material, and hardware stores. - 12t + 19 + 27 •• Postal receipts• . . .... ...... .. . Building permits, less federal contracts. Bank debits (thousands) .. . End-of-month deposits (thousands) i . Annual rate of deposit turnover . . .$ . .. .$ . $ .. $ Nonfarm placements . . ....... . .. . ... . . . . 55,855 104,450 39,112 22,51'>9 21.1 481 + 41 + 17 + + + 27 -6 + 1 + 28 + 13 + 11 + 2 + $ $ $ 488,045 1,645,911 543,083 23.570# 22.9# 5,614 $ $ $ $ 474,682 1,199,585 493,518 21,113# 22.8# 4,586 + s + 37 + 10 + 12 •• + 22 LA FERIA (pop. 3,047) Postal receipts• .... . ........$ 5,194 +130 + 12 $ 31,535 $ 32,510 -3 Building permits, less federal contracts. . .. $ 2,150 -94 +139 $ 102,686 $ 857,751 -71 Bank debits (thousands) . . . ........ .. .$ 1,847 + 8 -3 $ 22,251 $ 19,878 + 12 End-of-month deposits (thousands) i. . .$ 1,569 + + 15 $ l,569# $ 1.880# + 14 Annual rate of deposit turnover . 14.3 + 6 -18 14.2# 14.3# -1 LOS FRESNOS (pop. 1,289) Postal receipts• ...... . .$ 2,735 + 93 $ 18,906 $ 19,070 - 1 Building permits, leBS federal contracts . Bank debits (thouaands) .. End-of-month deposits (thousands) i . Annual rate of deposit turnover. .. $ .. $ . .. .$ 0 l ,915 l,340 17.3 + 54 + 2 + 59 + 31 -4 + 40 $ $ $ 307,305 25,233 1,578# 15.3# $ $ $ 76.147 20,168 1,405# 18.6# +304 + 25 + 12 + 18 PORT ISABEL (pop. 3,575) Po•tal receipts• ....... .. . . Building permits, less federal contracts . Bank debits (thousands) ..... . . End-of-month deposits (thousands) i . Annual rate of deposit turnover . .$ . ... .$ • .. .$ 5,094 7,210 l ,461 1,236 14.7 +153 -70 10 + 6 + 15 -62 + 20 -3 + 34 $ $ $ 34,673 124,701 17,795 1,177# 15.2# $ $ $ $ 84,970 1,129.840 14,621 1,149# 12.9# -1 -89 + 22 + 2 + 18 SAN BENITO (pop. 16,422) Postal receipts• ....... . . .. $ 18,136 + 93 + 44 $ 119,497 $ 117,939 + Building permits, less federal contracts. .. $ 13,500 12 -61 $ 361.168 $ 340,815 + Bank debits (thousands) . ....$ 5,544 + 10 + 13 $ 72,044 $ 68,171 + 6 End-of-month deposits (thousands) i. ....$ 5,981 + 2 -3 $ 5,912# $ 5,821# + 2 Annual rate of deposit turnover. 11.2 + 10 + 12 12.1# 11.7# + 8 BROWNWOOD (pop. 16,974) Retail sales Apparel stores .......... .. .. . Postal receipts• . . . . . . . . .... .. ......$ Building permits, less federal contracts. . .$ Bank debits (thouaands) . . . . . . . . . . . . . .$ End-of-month deposits (thousands) i . .. . . . .$ Annual rate of deposit turnover. . . . . . .. .. ... . Nonfarm placements .... . ... . ....... . . . ... ... . + 68t 39.349 299,930 21,092 14,150 18.3 82 +102 + 61 + 46 + 7 -23 + 10 + + 3 + 3 $ 410,609 $ 396,499 $ 2,058,131 $ 2,103,456 + 20 $ 228.094 $ 199,233 + 1 $ 13.568# $ 13,564# + 22 16.8# 14.7# + 12 l,317 l,086 + + 4 2 +H + 14 + 21 City and item BRYAN (pop. 27,542) Retail sales Apparel stores .... Automotive stores .. Food stores .. .. .... Lumber, building material, and hardware stores. Postal receipts• ... . ...... . Building permits, less federal contracts . Bank debits (thousands) . End-of-month deposits (thousands) t. Annual rate of deposit turnover. Nonfarm placements ....$ ....$ .$ ...$ Percent change Percent change Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1968 Jan-Dec 1964 Jan-Dec 1968 Jan-Dec 196(from Jan-Dec 1968 + 26t + 68t -6t + lOt -12t 40,376 248,167 SS,771 28,194 18.2 196 + 14 +203 + 81 + 9 -36 + 32 -79 + 10 + 9 + 4 -84 + 4 + 14 -7 + 17 + 14 + 4 + + 47 -9 + 73 $ 382,888 $ 874,406 $ 6,647,739 $ 8,662,908 $ 402,100 $ 866,672 $ 20,497# $ 18,876# 19.7# 18.9# S,824 3,081 + ' + 7 + 6 + 5 + 19 + 2 + 8( + 18 + 9 + ' + 10 CALDWELL (pop. 2,204) Postal receipts• ..... . . . ....$ 4,788 + 96 -4 $ 88,706 $ 37,806 + 2 Bank debits (thousands) .... . .. $ 2,973 + 17 + 11 $ S0,642 $ 80,142 + 1 End-of-month deposits (thousands) t. .$ 4,279 + s -1 $ 4,024# $ 8,961# + 2 Annual rate of deposit turnover . 8.6 + 16 + 18 7.6# 7.7# 1 CAMERON (pop. 5,640) Poatal receipts• ... .$ 18,769 +us + 19 $ 89,607 $ 96,267 Building permits, less federal contracts . .$ 66,000 +644 $ 217,027 $ 216,792 + Bank debits (thousands) . .... $ 6,068 + 26 + 12 $ 64,182 $ 61,006 + End-of-month deposits (thousands) t. $ 6,918 + 8 + 4 $ 6,447# $ 6,260# + 4 Annual rate of deposit turnover.......... . 12.8 + 28 + 12 11.8# 11.6# + 2 CANYON: see AMARILLO SMSA CARROLLTON: see DALLAS SMSA CISCO (pop. 4,499) Poatal receipts• .. . .. . .$ 6,902 + 86 -19 $ 61,910 $ 66,486 Bank debits (thousands) .... ... .... ..... . .$ 4,116 + 12 + 2 $ 46,124 $ 48,848 + 6 End-of-month deposits (thousands) t. . . $ 8,493 •• -9 $ S,430# $ 8,760# 9 Annual rate of deposit turnover..... . 14.l + 12 + 10 18.4# 11.7# + 15 CLEBURNE: see FORT WORTH SMSA CLUTE (pop. 4,501) Postal receipts• ....... . ..... . ....... . ....... ..$ Building permits, less federal contracts . . . .. $ 4,468 18,260 + 71 +871 + $ 82,899 $ 29,812 + 9 Bank debits (thousands) ........... .... .. ..$ 2,138 + 16 + 16 $ 24,068 $ 21,102 + 1' End-of-month deposits (thousands) t ....... .. ..$ 1,632 - 2 + 6 $ 1,666# $ 1,448# + 8 Annual rate of deposit turnover. 16.6 + 12 + 8 16.4# 14.6# + 5 COLLEGE STATION (pop. 11,396) Poatal receipts• . . ............. .... .... ........$· Building permits, less federal contracts . . $ 23,662 70,003 + s -82 + -76 $ $ 802,866 2,887,881 $ 298,446 $ 1,916,278 + 8 + 25 Bank debits (thousands) ... .$ 6,409 + 12 + 26 $ 66,996 $ 62,117 + 27 End-of-month deposits (thousands) t . .... $ Annual rate of deposit turnover.. . .. . ........ . . 4,106 16.1 + 4 + 18 + 18 + 10 $ S,824# 17.4# $ 8,264# 16.1# + 18 + 8 COLORADO CITY (pop. 6,457) Retail aalea Lumber. building material, and hardware atores. - 12t + 78 - 16 6 Poatal receipts• . . . . . . . . . . . . ...$ Bank debits (thousanda) . . . . . $ End-of-month deposits (thousands) t ...........$ Annual rate of deposit turnover..... .. .. . . . . 9,694 6,886 6,669 10.0 + 64 + 4 + 6 •• -20 8 2 + s $ $ $ 79,622 66,848 6,276# 9.0# $ $ $ 85,618 61,818 6,822# 9.7# 7 8 1 7 COPPERAS COVE (pop. 4,567) Postal receipts• . . . . . . . . . . . . . . . . $ Building permits, less federal contracts. . .. .$ Bank debits (thousands) . . .. ............... . ...$ End-of-month deposits (thousands) t . $ Annual rate of deposit turnover. 9,887 88,416 1,718 1,730 12.S + 76 -86 + 9 + 7 + 8 + 11 -60 + 26 + 19 + 6 $ $ $ $ 68,297 2,687,967 19,686 1,641# 12.0# s 67,291 $ 2,672,047 $ 17,892 $ 1,888# 18.8# + 10 + 8 + 18 + 28 -10 CRYSTAL CITY (pop. 9,101) Postal receipts• . . . . . . . . . . . . . . . . . . . ...$ Building permits, less federal contracts . . . . . .. $ Bank debits (thousands) . . ..........$ End-of-month deposits (thousands) t . $ Annual rate of deposit turnover . . .. . . 6,166 17,400 2,936 2,902 12.8 + 63 -36 -1 + 11 -6 -11 -86 8 2 + 8 $ $ $ $ 60,426 491,916 84,674 2,682# 18.2# $ 60,496 $ 884,929 $ 87,227 $ 2,867# 18.1# •• + 47 7 8 + 1 44 TEXAS BUSINESS REVIEW Percent change Percent change City and item Dec 19S4 Dec 19S4 from Nov 19S4 Dec 1964 from Dec 19S3 Jan-Dec 19S4 Jan-Dec 19S3 Jan-Dec 19S4 from J an-D« 19S3 CORPUS CHRISTI Standard Metropolitan Statistical Area (pop. 223,0601 ; Nueces2) Nonfarm employment (area) . 72,000 •• + 5 70.450# S8.275# Manufacturin1r employment (area) . 8,950 + + 3 8,805# 8.833# + .. Percent unemployed (area) . 3.9 9 4.2# 4.8# -13 BISHOP (pop. 3, 722) Postal receipts• . . . . . . . . . . . . . . . . . ...$ 5,897 + 91 + 39 $ 42,894 $ 42,595 + 1 Buildin1r permits, less federal contracts. . . . S 0 $ 221,40S $ 389,027 -43 Bank debits (thousands) . . . . . . . . ........ $ 1,849 + 9 •• $ 24,309 $ 24,0S5 + End-of-month deposits (thousands) t. . ... $ 2,298 s $ 2,292# $ 2,518# Annual rate of deposit turnover. 9.4 + 13 + 10.6# 9.5# + 12 CORPUS CHRISTI (pop. 184,163r) Retail sales . ... . + 26t + 43 + 11 + 10 Apparel stores + S8t + 82 + IS + 9 Automotive stores - St + 21 + 18 + 15 Druir stores ... General merchandiae stores. + 43t + S9t + 44 + 79 + s•• + 9 + s Lumber, building material, and hardware stores . - 12t + 59 +121 3 Postal receipts• . ... .. .. ....... . . .$ 28S,7S8 + 3S $ 2,7Sl,082 $ 2,S91,229 + s Buildin1r permits, less federal contracts . . . S 1,764,873 -43 $ 31,47S.801 $ 24,905,51S + 26 Bank debits (thousands) . . . . . . . . . .$ 238,227 + 11 + $ 2,739,4S9 $ 2,5S3,SOO + 7 End-of-month deposits (thousands) t ...........S 130,229 + 5 + $ 119,801# $ 117,369# + 2 Annual rate of deposit turnover . 22.6 + 23 + 19 22.9# 21.9# + 9 ROBSTOWN (pop. 10,266) Retail salea Automotive storea -st + 20 + 49 + 8 Postal receipts• . . . . . . . . . . . . . . . . . .. $ 11,925 + 42 -4 $ 111,344 $ 109,847 + 1 Buildin1r permlta, less federal contracts. . ....$ 47,238 -36 +157 $ 871,293 $ 625,4SS + 89 Bank debits (thousands) . . . . .. .. . .. ........S 10,S4S + 23 + 19 $ 137,2S3 $ 125.SOO + 9 End-of-month deposits (thousands) t . . . $ 9,778 -4 + 8 $ 9,465# $ 9,117# + 4 Annual rate of deposit turnover . 12.8 + 27 + 8 14.S# 13.7# + 7 CORSICANA (pop. 20,344) Retail sales .. .. . . . . .... .. ... . . + 26t + 63 + 10 + Lumber, buildin1r material, and hardware atores . -12t + 18 + 67 + 10 Poatal receipts• .......... . ....... . . .$ 109,101 + 37 + 22 $ 508,300 $ 465,919 + 9 Buildin1r permits, less federal contracts. Bank debits (thousand•). ....$ ...$ 79,212 23,057 -21 + 18 -64 + 16 $ $ 2,518,634 234,566 $ $ 2,423,150 229,011 + 4 + 2 End-of-month deposits (thousands) t . .$ 23,38S + 4 + 6 $ 21,51 5# $ 21,204# + Annual rate of depoait turnover. Nonfarm placements 12.1 219 + 16 -28 + 12 6 10.9# 2,805 10.8# 2,263 + + 24 DALLAS Standard Metropolitan Statistical Area (pop. 1,232,6151 ; Collin, Dallas, Denton, and Ellis2) Nonfarm employment (area) . 622.300 + l + 509.200# 489,1 50# + Manufacturin1r employment (area) . 114,250 + 2 + 4 113,Sl6# 107,713# + 5 ' Percent unemployed (area) . 8.3 8 8 3.5# 3.8# 8 CARROLLTON (pop. 4,242) Postal receipts• . . . . . ... . .. . . ... . .$ 14,43S + 48 + 33 $ 107.492 88,427 + 22 Buildin1r permits, leaa federal contracts . .. $ 66,100 -49 -51 $ 6.011,336 s 7.03S,7S8 -29 Bank debits (thousand•) ... End-of-month deposits (thousands) i . Annual rate of deposit turnover. ...$ .. $ 6,646 8.336 22.9 + 10 5 + 5 + 7 -15 + 13 s 73.8S4 $ 3,345# 21.9# $ S8,622 3,357# 20.S# + 8 •• + s DENTON (pop. 26,SU) Retail a&).. Apparel stores + 68t + 77 + 12 -s Dru1r stores . . . . .. .. ...... . . ..... . + 4St + 45 + 16 + 9 Poatal recelpta• .. .. . . .. . .. . .... .. . .. . . ... .....$ 65,988 + 69 + 23 $ 594,692 s 543,088 + 10 Buildin1r permlta, lea federal contracts.. . . .. ...$ Bank deblta (thouaanda) ... ... ... .. . .. .........$ 442,960 30,705 + 2 + 2 -33 + 19 $ 9,698,272 $ 359.276 s l l.054.8S9 s 310,674 -12 + lS End-of-month depoaita (thouaands)t. . .. $ Annual rate of depoait turnover...... . ........ . Nonfarm placementa . . .. . ......... . 23,779 15.S 132 + 2 + 13 -l -19 + 4S + 18 $ 2S,856# 18.3# 2,171 $ 27.195# 11.5# 1,784 l + lS + 22 Percent change Percent change Dec 1964 Dec 1964 Jan-Dec 1964 Dec from from Jan-Dec Jan-Dec from City and item 1964 Nov 1964 Dec 1963 1964 1968 Jan-Dec 1963 DALLAS (pop. 679,684) Retail ~;aies + 32t + 45 + 8 + Apparel stores . + 64t + 85 + 8 + Automotive stores + St + 44 + 23 + Florists + 56t + 82 + 12 + 11 Furniture and household appliance stores. + 23t + 6 + 3 + 7 Gasoline and service stations . General merchandise stores .. + 7t + 67t + 16 + 92 + 9 + 14 + + ' 8 Lumber, building material, and hllfdware stores . - 7t + + 5 Office, store and school supply dealers. Postal rcce;pts• ... $ + 13t 3,589,602 -14 + 7 9 + 9 $ 40,642,139 $ 37,037,400 + 7 + 10 Building permits, less federal contracts . . ....$ 9.057,447 -37 -35 $186,843,450 $206,770,350 -10 Hunk debits (thousands) . . .......$ 4,592,687 + 17 + 14 $ 46,635,468 $ 42, 760,526 + 9 End-of-month deposits (thousands) t . . .. .$ 1,519,556 + + 4 $ 1,368,849# $ 1,810,654# + Annual rate of deposit turnover . 37.7 + 13 + 10 34.l# 82.5# + ENNIS (pop. 9,347) Retail sales Apparel stores . + 68t +121 - 3 + 4 Postal receipts• .. $ 14,509 + 5 - 11 $ 157,487 $ 155,280 + 1 Building permits, less federal contracts . .. $ 82,375 +166 + 12 $ 2,219,969 $ 1,124.023 + 98 Bank debits (thousands) . ...$ 6,842 + + 5 $ 85,162 $ 83,843 + 2 End-of-month deposits (thousands) t ... $ 7,879 + + 3 $ 7,360# $ 7,221# + Annual rate of deposit turnover. 10.5 + 6 + 2 11.6# 11.7# GAHLAND (pop. 38,501) Retail sales + 25t + 42 + 56 + 10 Apparel stores . + 68t +107 + 8 + 8 Automotive stores - St + 40 + 68 + 11 Postal receipts• ..... .. ....$ 87,337 + 76 + 41 660,052 584,842 + 13 Building permits, less federal contracts . . ....$ 1.028,518 + 9 - 38 $ 17,535,860 $ 26,978, 729 -35 Bank debits (thousands) . . . $ 35,547 + 2 - 17 $ 434,228 $ 895,587 + 10 End-of-month deposits (thousands) t . . ...$ 19,434 + + 10 $ 18,706# $ 16,201# + 15 Annual rate of deposit turnover . 22.0 + - 23 23.4# 24.5# -4 GllAND PHAIRIE (pop. 30,386) Postal receipts• Building permits, less federal contracts . . ...$ .....$ Bank debits (thousands) . . ....$ End-of-month deposits (thousandsJi..... ... ... $ Annual rate of deposit turnover. 57,832 908,623 18,649 11,809 16.3 + 80 + 73 + -25 + 6 -2 + 26 -2 + 2 -17 $ 432,887 $ 9,157,550 $ 231,798 $ 11,971# 19.5# $ 372,530 $ 8,411,130 $ 237,109 $ 11,536# 20.5# + 16 + 9 + 4 5 IRVING (pop. 45,985) Postal receipts• . . . .$ Building permits, less federal contracts. . . . . $ Bank debits (thousands) .. . .... .. ....... . ......$ End-of-month deposits (thousands) t . . . .. $ Annual rate of deposit turnover. 85,644 2,153, 785 39,633 18,441 24.7 + 81 +109 + 4 8 + 6 + 30 + 68 -12 + 6 -3 669,376 $ 81,794,717 $ 431,094 $ 17,831# 24.3# $ 588,818 $ 28,826.225 $ 862,099 $ 15,547# 28.8# + 18 + 10 + 19 + 15 + 4 .JUSTIN (pop. 622) Postal receipts• . . . . .. .. .. .. . . . Building permits, less federal contracts . Bank debits (thousands). End-of-month deposits (thousands) t . Annual rate oC deposit turnover. .......$ ....$ ..... $ ....$ 1,523 0 1.037 824 14.5 + 25 + + 11 + 2 -26 -· 5 -23 $ 11,083 $ 174,509 $ 14,978 $ 868# 17.2# $ 10,191 + 9 $ 142,008 + 28 $ 18,561 -19 $ 829# + 5 22.4# -28 McKINNEY (pop. 13, 763) Postal receipts• . . . . . . . $ Building permits, less federal contracts .... .....$ Bnnk debits (thousands) . $ End-of-month deposits (thousands) t . . .. $ Annual rate of deposit turnover. . ... ... . .. . . Nonf'arm plaeements 21,101 2,279 12,499 11,067 13.4 85 + 62 -99 + 8 -2 + 6 -23 + 11 -97 + 18 t + 12 + 37 $ 179,851 $ 1,431,162 $ 140,768 $ 10,516# 18.4# 1,293 $ 175,835 $ l ,259,529 $ 185,189 $ 9,989# 13.6# l,107 + 2 + 14 + 4 + 6 -1 + 17 MESQUITE (pop. 27,526) Retail sales Eating and drinking places . Postal receipts• . . . . . . . . . . . . . . . . . . . . . . . . . $ Building permits, less federal contracts . . . . .. . S Bank debits (thousands) . . . . . . . . . . . . . . .... .. $ End-of-month deposits (thousands) t . . .. .. $ Annual rate of deposit turnover .. . .. . .... . . + 4t 31.944 780,239 10,165 7,467 16.3 + 23 + 79 -1 + 13 + 9 + 10 + 15 + 61 + 4 + 17 -13 $ 228,578 $ 11,069,146 $ 110,302 $ 7,014# 15.8# $ 206,284 $ 13,020,265 $ 97,677 $ 6,818# 15.4# + 17 + 11 -15 + 18 + 11 + 8 46 TEXAS BUSINESS REVIEW Percent change Percent cha nge City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1!164 Jan-Dec 1~63 Jan-D...c 1!164 from Jan-Dec rn63 MIDLOTHIAN (pop. 1,521) Building permits. lesa federal contracts. .. $ 13,100 - 45 - 15 $ 234,118 $ 258,i~7 -· 10 Bank debits (thousanda) .. .. .. . ... . .. $ 1.213 + 8 + 22 $ 13,370 $ 14,852 10 End-of-month deposits (thousands) i . .. .$ 1,603 1,452# $ 1,659# 12 Annual rate of deposit turnover . ·········· 8.9 + 7 + 19 9.2# 8.9# + 3 PILOT POINT (pop. 1,254) Building permits, lesa federal contracts. . . . . . . . $ 33,850 +126 +182 171,203 $ 461,416 - 63 Bank debita (thousands) . ... ..... .. .$ 1,192 + 1 $ 13, 766 s 16,178 - 15 End-of-month deposits (thousands) i . ....$ l,685 -13 s 1,628 # $ 1,819# 10 Annual rate of depoait turnover. ......... .. .. 8.4 6 + 17 8.4# 8.9# - 6 PLANO (pop. 3,695) Postal receipts• ..... ..... ......... . .. . . $ 10,839 + 36 + 89,430 $ 75,156 + 19 Building permits, lesa federal contracts . .$ 575,450 +317 +128 5,150,967 $ 5,235,932 - 2 Bank debits (thousands) . .$ 4,364 + 18 + 5 46,281 $ 17,124 +170 End-of-month deposits (thousands) i . .... $ 3,010 + 4 -20 2,969# $ 1,457# +104 Annual rate of depoait turnover......... 17.8 + 58 + 26 15.6# 7.0# +123 RICHARDSON (pop. 16,810) Retail aales + 68t + 91 + 6 + 5 Postal receipts• . . .. . .. . ..... . .......... . .. $ 75,818 + 63 + 34 $ 574,257 $ 496,484 + 16 Building permits, lesa federal contracts . .$ 1,655,620 - 41 + 4 $ 20,250, 769 s 18,248,871 + 11 Bank debita (thousands) .. . . .. ... . .. $ 22,595 - 4 + 11 $ 278,441 $ 221,412 + 26 End-of-month deposits (thousandsJi . $ 19,620 + 52 + 93 $ 11,778# $ 9,572# + 23 Annual rate of deposit turnover . 16.7 - 22 - 36 24.9# 23.2# + 7 SEAGOVILLE (pop. 3,745) Postal receipts• .... ... . . ... ... . . .. ...$ 6,312 + 37 + 9 $ 55.304 $ 53,331 + Building permits, lesa federal contracts . . . . . . . . . $ 19,528 + 27 - 19 $ 420,208 $ 268,702 + 56 Bank debits (thousands) ...... . ... .$ 4,549 + 46 + 58 $ 38,020 $ 30,036 + 27 End-of-month depoaits (thousandsH. $ 2,636 + 31 + 25 l,901# s l,618# + 18 Annual rate of depoait turnover... 23.5 + 23 + 31 20.1# 18.7# + 7 WAXAHACHIE (pop. 12,749) Retail aales Lumber, building material, and hardware atores. - 12t + 35 + 27 + 17 Postal receipts• .. .. . ..... . .. .. . ···· ···· ····· .$ Building permita, less federal contracts. $ Bank debits (thouaanda) . ... . . .. . ...$ End-of-month deposits (thousands) i . $ Annual rate of deposit turnover. Nonfarm placements 20,739 65,800 12,108 10,844 13.3 16 + -+ -+ - 10 53 11 2 15 45 --+ -+ - 6 53 4 2 6 53 $ $ $ s 230,218 2,217,397 139,492 10.338# 13.4# 429 s $ 256,538 l,8i9,277 137,420 10,388# 13.3# 799 + + + - 10 18 46 DEER PARK: see HOUSTON SMSA EL PASO DEL RIO (pop. 18,612) Retail aalee Lumber, building material, and hardware stores . . -12t Postal receipts• . .. .. . ... . .......... . ...... . $ 26,967 Building permits, lesa federal contracts . .. .. $ 100, 749 Bank debits (thouaanda) . $ 12,556 End-of-month deposits (thousands) i . $ 15,175 Annual rate of depoait turnover. 10.1 + 3 +101 + 27 + 56 + 7 $ 215,220 210,901 + +127 +161 s 1,935,020 s 1, 734,864 + 12 + 2 4 s H7,150 s 144,776 + + 3 + 2 $ 14,975# 9.8# s 14,867# 9.8# + .. DENISON (pop. 22,748) Retail aalee Apparel stores Automotive stores ·· ····· ···· · ···· · ···-· + - 68t 6t +105 + 18 + + 13 + + s 3 Postal receipts• ... . . .... . .. .. .. . .. . . $ Buildin11 permits, less federal contracts. .$ Bank debits (thousands) ....... .$ End-of-month deposits (thousands) i . . ...$ Annual rate of deposit turnover... . . . . . . .. . . Nonfarm plaeements .... ............ 44,025 155,623 20,010 16,455 14.7 105 + 63 +158 + 16 + 2 + 14 -24 + + + - 10 7 3 2 •• 2 s $ s $ 326,626 2,910,168 225,964 15,732# 14.4# 2,130 $ s 321,106 5,395,384 207,793 15,301# 13.6# 1,824 + -+ + + + 46 9 3 6 17 Percent change Percent cban11e City and item Dee 1964 Dec 1964 from Nov 1964 Dee 1964 from Dec 1963 Jan-Dee 1964 Jan-Dec 1963 Jan-Dec 196(from Jan-Dec 1968 DENTON: see DALLAS SMSA DONNA (pop. 7,522) Postal receipts• . . .. .. .... Building permits, less federal contracts . Bank debits (thousands) . End-of-month deposits (thousands) i . Annual rate of deposit turnover. . .. . $ .. $ . . $ $ 6,176 7,000 2,521 S,581 8.5 + --- 65 76 1 •• 1 + -+ -+ 3 56 5 12 16 $ $ $ $ 51,615 305,785 S0,188 S,510# 8.6# $ $ $ $ 51,160 383,825 31,192 3,750# 8.4# + -+ 1 20 8 6 2 DUMAS (pop. 8,477) Postal receipts• . . ......... Building permits, less federal contracts . Bank debits (thousands) . End-of-month deposits (thousands) i . Annual rate of deposit turnover . . .. . . $ .$ . .. . $ $ 16,622 206,350 11,018 11,054 12.1 + -+ 75 13 8 3 8 -14 +168 + 23 + 4 + 21 $ $ $ $ 111,454 2,736.068 116,859 10,180# 11.6 $ $ $ $ 107,159 1,487,514 . 100,675 9,877# 10.3 + '+ 8( + 16 + 8 + IS EAGLE PASS (pop. 12,094) Retail sales Gasoline and service stations. ... . .. .. .. Postal receipts• ······ ········ ··· .. . . $ Building permits, less federal contracts. .. .. ..$ Bank debits (thousands) .... .. . .. . $ End-of-month deposits (thousands) i . $ Annual rate of deposit turnover. + 5t 13,013 78,449 6,476 4,838 16.3 + + -+ + + 5 48 29 12 3 9 -10 + 3 +124 + 16 + 3 + 11 $ $ $ $ 113,520 1,148,902 67,960 4,496# 15.1# $ $ $ $ 105,003 688,898 60,866 4,372# 14.0# + 8 + 8 + 80 + 12 + 8 + 8 EDINBURG (pop. 18,706) Postal receipts• ........... .... . . $ Building permits, less federal contracts. . . $ Bank debits (thousands) . . . . . . . . .. . ...... $ End-of-month deposits (thousands) i . ... .. . . ...$ Annual rate of deposit turnover. .. .. .. . . .. . Nonfarm placements ..... . .. .. . 17,278 105,150 16,293 9,118 20.3 311 + + + -+ + 38 54 23 10 22 18 --+ + + + 4 53 28 16 10 4 $ $ $ $ 172,696 1,590,420 174,974 9,223# 19.1# 2,972 $ $ $ $ 168.801 l,078,992 162,898 8,965# 18.1# 2,805 + 8 + 41 + 8 + 8 + 8 + 8 EDNA (pop. 5,038) Postal reeelpta• .. . ...... ····· · ·· · ··· Building permits, less federal contracts . .. .. $ .$ 7,511 500 + - 41 97 -- 2 97 $ $ 78,687 719,115 $ $ 72,784 886,577 + 1 + 86 Bank debits (thousands) .. . . .. .. . . .. . .. . .$ End-of-month deposits (thousands) i . $ Annual rate of deposit turnover .. .. . . . . . . . . . . . . 6,840 7,879 10.4 4 1 6 + + + 23 6 14 $ $ 71,580 6,808# 10.5# $ $ 89,718 6,621# 13.7# -20 + 8 -28 Standard Metropolitan Statistical Area (pop. 339,2401 ; El Paso2) Nonfarm employment (area) . 95,000 + 1 + 98,142# 92,988# •• ···· ····· · · · Manufacturing employment (area) . 16,460 + 1 + 5 15,932# 15,624# + Percent unemployed (area). 4.9 8 2 5.0# 5.8# -6 EL PASO (pop. 276,687) Retail sales ··· ··· ······ ··············· ···· + 25t + 44 + 4 + 10 Apparel stores . 9 ·· ···· ···· ··· ··· + 68t + 75 + 10 + Automotive stores . . . .... . . . . .. .. ...... -6t + 18 -22 -15 Drug stores ··· · ····· · + 43t + 54 + 2 + 6 Food stores + lOt + 7 + 7 + 5 Furniture and household appliance stores . 9 + 31t + 29 5 + General merchandise stores . + 69t + 47 + 8 + 10 Postal reeeipta• ................ ....... .. .. . . . . $ 518,002 + 37 •• $ 4,570,150 $ 4,469,704 + 2 Building permita, less federal contracts $ 4,815,827 + + 74 $ 46,262,582 $ 42,546,769 + 9 Bank debits (thousands) ·· ····· ·· ·· · .... $ 430,354 + 13 1 4,530,987 s 4,885,544 + 8 End-of-month deposits (thousands) i. . .$ 203,505 + 1 + + 5 $ $ 195,938# $ 185,918# + 5 Annual rate of deposit turnover. .. . . . . 25.6 2 + s 23.2# 28.6# 48 TEXAS BUSINESS REVIEW Percent change Percent change City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1964 Jan-Dec 1963 Jan-Dec 1964 from Jan-Dec 1963 ENNIS: see DALLAS SMSA EULESS: see FORT WORTH SMSA FORT STOCKTON (pop. 6,373) Postal receipts• . ... .... .. . ...... . ... . .. . .. . ...S Buildinir permits, leu federal contracts.... ..$ Bank debits (thouaanda) ... ... .. .. .. ... . ... .. . s End-of-month deposits (thouaanda) i ... .... ... .$ Annual rate of deposit turnover..... . .. . . .. . . . . 13,396 102,500 5,546 5,274 12.4 +ll2 +143 + 6 4 + 7 -+ + + 22 10 2 3 6 $ $ $ $ 88.725 762,200 69.300 5,292# 13.1# $ $ $ $ 95,752 986.510 69,432 5,306# 13.1# -- 7 23 .. FORT WORTH Standard Metropolitan Statistical Area (pop. 603,4471 ; Johnson and Tarrant2) Nonfarm employment (area) . Manufacturinir employment (area) .. . . ... . Percent unemployed (area) ...... . 238,200 59,650 8.4 + 8 + 4 + 7 -19 231,358# 58,340# 8.8# 222.550# 53,270# 4.6# + 4 + 10 -17 ARLINGTON (pop. 44,775) Retail aal• Lumber, bulldlnir material, and hardware stores... . . . . .. .. . . ... . . . Postal receipts• . .. .. ... . ... . . . ... . . ... . .. .. ...$ Buildinir permits, leu federal contracts . . .... . .. $ -12t 110,026 1,270,043 + 17 + 36 -75 + 39 + 32 -43 940,708 s 30,478,824 816,604 s 22,464,142 + 12 + 15 + 36 CLEBURNE (pop. 15,381) Postal receipts• . .. . .. . .. . . . . . .... .... .... . ....S Buildinir permits, leu federal contracts . . ...$ Bank debits (thouaanda) . . . . . . . . . . . . . . . . .... .$ End-of-month deposits (thouaanda) i . .. . . . .$ Annual rate of deposit turnover. 29,566 36,900 13,777 13,214 12.9 + -+ + + 62 69 1 6 + -+ -+ 9 42 9 3 15 s $ $ $ 233.951 1,490,497 159,073 12,458# 12.8# $ $ $ $ 231.622 l,426,729 147,691 12.540# 11.8# + + + + 4 8 1 8 EULESS (pop. 2,062) Postal receipts• ... .. .. . . . . . . .. . . .. .... .. • Bulldlnir permits, leu federal contracts.... . . .. .$ 12,276 299,220 + + 98 21 -- 6 29 $ $ 89,147 5,063,245 s $ 77,030 6,683.122 + - 16 24 Bank debits (thouaanda) . ... .. .. .. . . . ..... . . . . .$ 5,840 + 12 + 37 s 61,579 s 40,928 + 50 End-of-month deposits (thouaandaH.... . . . ... .$ 2,801 + 5 + 21 $ 2,421# s 2.079# + 16 Annual rate of deposit turnover... . ... . . . ... . .. 25.7 + 7 + 14 25.9# 19.9# + so FORT WORTH (pop. 356,268) Retail aal• + 26t + 47 + 10 + 7 Apparel atorea .. . ...... . . .. . . . . .. . . .... + 67t + 76 + 8 + 7 Automotive atores ·· ··· ··· ···· ···· · + 1t + 55 + 15 + 7 Druir aton1 ·· ··· ···· ·· ······ ········ ····· + 27t + 37 + 4 + 6 Eatlnir and drlnklnir piaees.. ..... •.... .. . . - 2t - 3 + 13 + 4 Florlata ... ... ... .. .... ..... ..... .. ... + 81 + 7 + 1 Food ator• .. . .. .. .. ... . .. . ............. . . + lOt + 16 + + s Furniture and household appliance atores . . . + 12t + 18 + 21 + 9 Gasoline and service atatio11.1 ........... . ... + St + 3 + 9 + 4 General merchandise stores. . .. .. .. . + 98t +112 + 5 + 12 Lumber, buildinir material, and hardware atores.. ........ . . - 14t - 8 + 14 + Postal receipts• . . .. .. . . . .... . .. . .. . ... . ... .. . .$ l,252,173 + 22 + 12 s 12,327.139 $ 11.599.760 + 6 Buildlnir permits, leu federal contracts. ..... . . .$ 2,923,638 -85 4 $ 69,130,538 $ 52,855,910 + 81 Bank debits (thouaanda) .. . .. .. ...... .. ... . . .. .S 1,014,739 + 14 + 8 $ 10,680.457 $ 10,263,352 + 4 End-of-month deposits (thouaanda) i . .. . .. . . . . s 480,847 + 1 - 4 $ 420.224# s 411,774# + 2 Annual rate of deposit turnover.. . ...... . .. .... 28.3 + 13 + 12 25.4# 25.0# + 2 GRAPEVINE (pop. 2,821) Postal recelptae .•. •..• . •. .. . . . •.... ... .. . . . . . .S 8,330 +111 + 14 $ 58,473 $ 54.868 + 7 Bulldlns permits, leu federal contraeta.. . ......s Bank debits (tbouaanda) . . .. . . ... .. . . . ... .. . ...s End-of.month depo9Jts (thonanda) i . .... . ... . .• 21,250 4,201 8,585 -58 + 16 -6 + + 27 13 $ $ 44,298 3,447# •"$ 38,080 S,056# + + 16 13 Annual rate of deposit turnover.... .. .... .. . . . 18.6 + 16 + 8 12.9# 12.6# + 3 Percent change Percent chan11e City and item Dec 1964 Dec 1964 from Nov 1964 Dec 19C,4 from Dec 19C3 Jan-Dec 1964 Jan-Dec 19jj3 Jan-Dec 196( from Jan-Dec 1968 NORTH RICHLAND HILLS (pop. 8,662) Building permits, less federal contracts . .$ Bank debits (thousands) . ........$ End-of-month deposits (thousands) t . .. . $ Annual rate of deposit turnover . .. 257,072 7,271 3,916 22.7 -+ + + 26 7 +160 + 29 + 23 + $ $ $ 3,226,40A 72,864 3,633# 20.2# $ $ $ 2,881.072 40,993 2,070# 20.8# + 12 + 78 + 75 -8 WHITE SETTLEMENT (pop. 11,513) Building pormits, less federal contracts. . .. .....$ llnnk debits (thousands) . .......$ End-of-month deposits (thousands) t . . .$ Annual rate of deposit turnover .. 5,150 l,636 1,098 17.9 -82 + 29 ,,. + 20 - 97 $ $ $ 957,276 10.890 748# 9.7# $ 1,092,943 -12 FirnDEIUCKSBURG (pop. 4,629) Retail sales Drug stores ... ... ...... . + 43t + 31 + 10 + 6 General merchandise stores . + 69t + 54 + 20 + 19 Postal receipts• . . $ 11,071 + 26 $ 97,0ll $ 90,177 + 8 Building permits, Jess federal contracts . . ... $ 55,650 +108 + 168 $ 669,440 $ 658,897 + llnnk debits (thousands) .. . . . . . $ 11,100 + 12 + 7 $ 11 4,931 $ 106,620 + End-of-month deposits (thousands) t. ....$ 9,607 + 8 $ 9,157# $ 9,262# Annual rate of deposit turnover. 14.2 + 11 + 10 12.5# ll.5# + FRIONA (pop. 2,048) Building permits, less federal contracts . ...$ Bank debits (thousands) . . .. .. . ...$ End-of-month deposits (thousands) t . Annual rate of deposit turnover . .. . $ 62,200 8,429 6,109 17.4 --+ - 1 4 11 10 + 659 + 4 -31 + 61 $ $ $ 1,976,240 87,528 6,435# 13.7# $ $ $ 824,425 78,871 6,694# 12.0# +uo + 11 -4 + 14 GAINESVILLE (pop. 13,083) Retail sales Drug stores Furniture and household appliance stores . Postal receipts• . . . . . . . . . . . . . . ..... .. ..... .. $ Building permits, less federal contracts ........ .$ + 43t + 3lt 24,712 84,600 + 89 + 71 + 58 -58 + + 21 4 + 18 $ $ 213,568 2,464,564 $ $ 205,580 1,266,672 + + + 4 + 95 GALVESTON-TEXAS CITY Standard Metropolitan Statistical Area (pop. 149,4051; Galveston2) Nonfarm employment (area) ................. . Manufacturing employment (area ) Percent unemployed (area) ................. .. . 56,400 10,450 4,4 + 1 •• -14 + 4 -1 -25 55,525# 10,545# 5.4# 58,550# 10,468# 6.8# + 4 + 1 -21 GALVESTON (pop. 67,175) Retail sales Apparel stores . . Food stores Furniture and household appliance stores . + 25t + 68t + l Ot + 3lt + 40 +us + 10 + 32 •• + 13 + 18 -14 + + + Postal receipts• ........... . .........S 142,442 + 30 - 2 $ 1,426,382 $ 1,326,888 + Building permits, Jess federal cont racts. Hank debits (thousands) End-of-month deposits (thousands) i . Annual rate of deposit turnover . . . $ $ . . . $ 5,119,042 106,999 64,191 20.6 + 13 + 7 + 8 + 71 1 + 8 $ 15,970,183 $ 1,241,615 $ 61,348# 20.2# $ 14,689,564 $ 1,209,656 $ 60,468# 20.0# + + + 1 + 1 LA l\IARQUE (pop. 13,969) Postal receipts• . . . . . . . . . . . . . . . . . . . . . . . . . S Building permits, less federal contracts.........S Bank debits (thousands) ........ . ... . ..... . ... .$ End-of-month deposits (thousands) i . ....S Annual rate of deposit turnover . . ........ . 22,932 66, 150 10,033 6,430 18.9 +124 +373 4 + 2 7 + -+ + 12 24 9 9 3 $ $ $ $ 148,779 l,763,219 127,839 6,161# 20.8# $ 142,240 $ 2,207,506 $ 110,108 $ 6,793# 19.1# + 5 -20 + 16 + 6 + 9 50 TEXAS BUSINESS REVIEW Percent change Percent C"hange City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1964 Jan-Dec 1963 Jan-Dec 1964 from Jan-Dec 1963 TEXAS CITY (pop. 32,065) Postal receipts• .. . ... . ... .... . .. $ 41,495 + 54 + 4 $ 366,187 s 344,284 + 6 Building permits, Jess federal contracts . . .. . $ 529,650 + 46 + 38 5,296,977 s 4,809,462 + 10 Bank debits (thousands) ....$ 27,737 + 20 + 14 303,786 $ 289,763 + End-of-month deposits (thousands) i . ..........$ 15,417 + + 5 $ 14,706# s 14,207# + Annual rate of deposit turnover .... 22.2 + 13 + 9 20.7# 20.5# + GARLAND: see DALLAS SMSA GATESVILLE (pop. 4,626) Postal receipts• .. ... . . . ...$ 11,769 + 79 + 28 s 83,549 $ 82,540 + 1 Bank debits (thousands) .. . . . ....... .. .... $ 5,962 -4 + 5 s 70,906 $ 69,604 + 2 End-of-month deposits (thousands) i. $ 6,594 •• + 8 s 6,180# $ 6,128# + I Annual rate of deposit turnover ......... ... . 10.9 -6 .. 11.5# 11.3# + 2 GEORGETOWN (pop. 5,218) Postal receipts• . . . ....... . ....$ 9,866 + 55 + 3 $ 83,575 $ 84,528 - 1 Buildinir permits, less federal contracts . . .....$ 89,500 -79 +147 $ 981.295 $ 617,300 + 59 Rank debits (thousands) . . ...............$ 4,461 -10 -17 $ 60.975 $ 57,462 + 6 End-of-month deposits (thousands) i . .$ 5,580 + 2 + 11 5,483# $ 4,842# + 13 Annual rate of deposit turnover ....... ... .... . 9.7 - 9 -22 11.2# 11.9# 6 GIDDINGS (pop. 2,821) Postal receipts• ... .. ... . ............... . .$ 11,010 +138 + 25 $ 63,259 $ 59,519 + 6 Duildinir permits, less federal contracts. . . . . . . $ 3,800 -54 + 36 $ 257,865 $ 293,158 - 12 Bank debits (thousands) . End-of-month deposits (thousand&) t . ...... . $ . $ 3,476 4,574 + 9 + + 7 s $ 41,099 4,189# $ $ 39,510 4.201# + 4 •• Annual rate of deposit turnover . . .......... . 9.4 + 7 9.9# 9.4# + GLADEWATER (pop. 5,742) Postal receipts• ........ . ... . ...... . ... ........f 10,933 + 63 + 16 105, 104 $ 105,984 - 1 Buildinir permits, less federal contracts . .$ 8,400 -69 $ 842,869 $ 414,492 +103 Bank debits (thousands) ...................... .$ 4,814 + 40 + 9 $ 48,748 $ 43,126 + 13 End-of-month deposits (thousands) i . . . $ 5,285 + 1 + 23 $ 4,381# 4,207# + 4 Annual rate of deposit turnover. Nonfllrm employment (area) . 11.0 30,450 + 38 •• -12 + 6 11.4# 29,479# 10.2# 28,667# + 12 + 3 Manufacturinir employment (area) . 6,870 + 2 + 20 6,313# 5,660# + 11 Percent unemployed (area) .... 3.6 + 9 -23 4.1# 4.9# -16 GOLDTHWAITE (pop. 1,383) Postal receipts• ..... .$ 7,780 +189 +151 $ 37.451 $ 30,398 + 23 Bank debits (thousands) . . $ 3,347 + 1 -7 $ 45,407 $ 48,242 -6 .. End-of-month deposits (thousands) t. ....$ 5,652 + $ 5,551# $ 4,973# + 12 Annual rate of deposit turnover. 7.2 •• -6 8.2# 9.9# -17 GRAHAM (pop. 8,505) Retail sales Apparel stores .. . Postal receipts• Buildinir permits, less federal contracts . Bank debits (thousands) . . .. .. . End-of-month deposits (thousands) i . Annual rate of deposit turnover. .$ .$ . .. $ .. $ + 68t 14,951 15,620 9,677 10,8i3 11.0 +122 + 60 -65 + 13 + 6 + 7 + 11 + 7 +237 + 9 -2 + 11 $ $ $ 123,988 285.635 11 2,167 10,233# 11.3# $ $ $ 125,836 519,129 108,600 10,319# 10.6# + --+ + 4 1 45 3 1 7 GRANBURY (pop. 2,227) Postal receipts• .. ......... ....... . .... . ....$ 5,234 -13 •• $ 54,200 46,056 + 18 Bank debits (thousands) . ... . $ + 32 1,840 + 13 s 18,874 18,454 + 2 End-of-month deposits (thousands) i. $ 2,305 + 7 + 10 2.092# 2.100# •• Annual rate of deposit turnover. 9.9 + 25 + 8 9.1# 8.8# + 3 GRAND PRAIRIE: see DALLAS SMSA GRAPEVINE: see FORT WORTH SMSA HALE CENTER (pop. 2,196) Postal recelpta• . . . . . . . . . . . . . . . . . .$ 4,193 + 18 9 $ 33.694 $ 31,383 + 7 Buildinir permits, leu federal contracts. .$ 18,700 +523 $ 143,650 $ 115.067 + 25 Bank debits (thousands) . . . . $ 4,962 + 40 8 $ 45,471 $ 45,653 .. End-of-month deposita (thousands) i. .$ 5,049 + 27 -14 s 4,282# $ 4,803# -11 Annual rate of deposit turnover. .... ..... . .... . 13.2 + 27 + 6 10.4# 9.4# + 11 FEBRUARY 1965 51 Percent change Percent chanae City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1968 Jan-Dec 1964 Tan-Dec 1968 Jan-Dec 196( from Jan-Dec 1968 GREENVILLE (pop. 22,134r) Retail sales Automotive stores Drug stores . . . Food stores Lumber, building material, and hardware stores . Postal receipts• ................ . Building permits. less federal contracts. Bank debits (thousands) . End-of-month deposits (thousands) i. Annual rate of deposit turnover. Nonfarm placements + 26t -6t + 48 + 60 + 14 + 19 + 9 + 15 + 48t + lOt + 40 + 17 + 8 + 18 + 7 + 2 - 12t - 20 + 14 - 12 .......$ 46,828 + 22 + 4 $ 890,282 $ 848,918 + 18 $ 184,515 -28 + 71 $ 2,728,889 $ 8,280,874 -18 ...... .. $ 19,008 + 8 + 20 $ 206,647 $ 194.578 + 8 .... $ 14,879 + 8 + 8 $ 14,264# $ 18,761# + 4 16.6 + 8 + 20 14.6# 14.1# + 8 90 -19 + 20 1,659 848 + 97 HARLINGEN: see BROWNSVILLE-HARLINGEN-SAN BENITO SMSA HENDERSON (pop. 9,666) Postal receipts• ............ . .. .$ 18,167 + 86 + l $ 168,098 $ 166,671 + l Buildine permits, less federal contracts. $ 28,086 -85 +121 $ 754,872 $ 1,887,264 -48 Bank debits (thousands) . $ 8,886 -4 + 11 $ 97,298 $ 97,820 •• End-of-month deposits (thousands) i. .....$ 18,198 •• -1 $ 17,805# $ 17,880# + 2 Annual rate of deposit turnover. 5.5 -4 + 12 6.6# 6.6# •• HEREFORD (pop. 9,584r) Postal receipts• . . . . ..... ......$ 26,757 + 79 + 23 $ 187,999 $ 168,282 + 15 Buildine permits, less federal contracts . . ....$ 177,000 -78 -66 $ 4,498,600 $ 4.879,680 + 8 Bank debits (thousands) . . .. . .........$ 26,804 -10 + 18 $ 804,601 $ 288,082 + 28 End-of-month deposits (thousands)t . .$ 18,415 + 6 + $ 16,286# $ 14,200# + 14 Annual rate of deposit turnover . 18.0 -18 + 18.9# 17.0# + 11 HOUSTON Standard Metropolitan Statistical Area (pop. 1,373,8721; Harris2) Nonfarn1 employment (area) . Manufacturine employment (area) . Percent unemployed (area) . . .. .... • .• . 598,100 100,800 2.8 + l + 1 -18 + 4 + 8 -26 681,992# 98,792# 8.6# 559,825# 98,417# 4.2# ++ ' 8 -1' BAYTOWN (pop. 28,159) Retail sales Automotive stores Postal receipts• . . $ Buildine permits, less federal contracts . . ...$ Bank debits (thousands) . . ...$ End-of-month deposits (thousandsJi .. . .. ......$ Annual rate of deposit turnover. + 25t -6t 67,122 83,360 33,666 28,223 14.4 + 80 + 82 + 73 -77 + 20 + 2 + 16 + 18 + 17 + -49 l + 7 8 $ $ $ $ 468,998 4,986,172 891,074 27,912# 14.1# $ $ $ $ 440,848 6,018.715 860,886 28,821# 18.4# + e + 9 + ' -17 + 12 + 8 + DEER PARK (pop. 4,865) Postal receipts• ............$ 10,838 + 69 -11 $ 91,682 $ 81,468 + 18 Buildine permits, less federal contracts........ .$ Bank debits (thousands) . . .. .........$ End-of-month deposits (thousands) i . ..........$ Annual rate of deposit turnover . 104,976 6,614 3,005 22.4 -86 -4 + 8 -16 -35 + 80 -16 + 39 $ $ $ 4,268,720 56,729 2,500 22.6 $ $ $ 1,880,257 45,878 2,874 19.7 +188 + 26 + 6 + 14 HOUSTON (pop. 938,219) Retail sales .. . ... . + 26t + 46 + 11 + g Apparel stores ....... . ... . . . + 68t + 82 + 18 + 7Automotive stores + lOt + 68 + 19 + 7Drue stores + 35t + 40 + 4 Eatine and drinkine places. + 12t + + 10 +Food stores . . .... ..... ..... .. ..... .. ... . + lSt + 28 + 8 Furniture and household appliance stores . + + ' + sot + 41 + 10 G..neral merchandise stores. + 61t + 80 + 9 + 9 Liquor stores ....... . ......... . . . . . .. . + 72t + 81 + 9 + Lumber. building material, and hardware stores . -St -6 4 Postal receipts• . . . . . . . . . . . . . . . . . . . . . . . . ...S 2,903,573 + 21 + 6 $ 29,387,877 $ 28,218,~86 + 4Building permits, less federal contracts. $ 21,208,577 -80 + 86 $821, 763,610 $818,616,470 + 1Bank debits (thousands) $ 4,518,309 + 27 + 14 $ 46,093,469 $ 89,986,728 + 18End-of-month deposits (thousands) i. .. .S 1,776,248 + 9 + 8 $ l.668,607 # $ 1,608,450# Annual rate of deposit turnover.. ......... . . + ' 31.8 + 20 + 28.9# 26.6# + 9 Percent change Percent change City and Item Dec 1964 Dec 1964 from Nov li64 Dec 1964 from Dec 1963 Jan-Dec 1964 Jan-Dec 1963 Jan-Dec 1964 from Jan-Dec 1963 HUMBLE (pop. 1, 711) Postal recelpta• . .. ..... .... ...... . ............S 7,565 + 94 + 10 s 56,174 s 52,661 + 7 Bnildinc pennita, lea federal contract& . . .......S Bank debita (thousands) ........ . ....... . ... ...S 27,000 8,697 + 93 •• -­85 + 17 s s l,571.341 44,231 s s 427,743 35.600 +267 + 24 End-of-month deposit& (tbomandsH.. . .. . . . ...$ S,427 + + 8 s 3,318# s 3,041# + 9 Annual rate of deposit turnover. . ............. . 13.0 + + 7 13.4# 11.7# + 15 KATY (pop. 1,569) Postal recelpta• ............. . ............ .. .. . S 4,838 +115 + 26 s 35,552 s 31.801 + 12 Buildinc pennita, lea federal contract&... .$ 27,347 + 58 s l ,086,707 s 301.302 +261 Bank debita (thousands) . ... ... .... ... . . .......$ 2,260 -19 + 2 s 27.305 s 24,711 + 10 End-of-month deposit& (tbomandsli. . . . . . . . .$ 2,938 + 1 + 2 s 2,577# s 2,366# + 9 Annual rate of deposit turnover.......... ... . . . 9.3 - 21 + 10.6# 10.5# + LA PORTE (pop. 4,512) Buildin&' pennita, lea federal contract& . . . $ 38,000 -16 +101 s 2.168,400 Bank debita (thousands) .... . ... . ..... . ...... . . S 4,558 + 28 + 8 $ 55,505 s 52,415 + 6 End-of-month deposit& (thousands) i . .... . .....S S,141 + 10 + 7 $ 2,848# s 3,256# - lS Annual rate of deposit turnover...... . 18.2 + 17 + 5 19.6# 16.3# + 20 PASADENA (pop. 58,737) Retail &Ilea .. .. .. ... .. . ...... . .......... . .. .. . + 25t + 41 + 6 + s Apparel storea .. .. .. . ................. . . . . + 68t + 90 + 19 + 19 Postal recelpta• . . . . . . . . . . . . . . . . . . . . . . . . . . S 98,802 + 81 + 8 $ 677,520 s 631,754 + 7 Buildinc permita, lea federal contract&. .$ 419,050 -36 s 12,775,086 s 17,268,601 - 26 Bank debita (thousands) . . . . . . . . . . . . . .$ 63,005 + 15 + 18 s 691,023 s 602,344 + 15 End-of-month deposit& (thousandsJi. .$ 32,935 + 13 + 12 $ 30,063# s 28,543# + 5 Annual rate of deposit turnover..... . . 24.4 + 7 + 12 23.1# 20.9# + 11 SOUTH HOUSTON ~po)>. 7,253) Postal recelpta• . . . . . . . . . . . . . . . . . . . . . . . . . . S 18,250 + 78 + 15 $ 116,034 s 104,406 + 11 Buildinc permita, lea federal contract&. . S 89,860 +390 + 42 s 1.752,272 s 1,278,892 + 87 Bank debits (thousands) ...................... . S 7,095 + 16 + 30 s 79,635 s 62,053 + 28 End-of-month deposits (thousands!*.. . . ..... . . $ 5,508 + 5 + 20 s 5,167# s 4,122# + 25 Annual rate of deposit turnover.... .... . ... . .. . 15.9 + 12 + 8 15.5# 15.2# + 2 TOMBALL (pop. 1,713) Buildinc permits, lea federal contract.a. .$ 75,000 s 257,003 s 234,303 + 10 Bank debits (thonaands) ... ... . . ....... . ..$ 7,372 + 10 - 4 s 92,989 s 87,626 + 6 End-of-month deposit& (tbomandsH. Annual rate of deposit turnover.... . .. $ 6,064 15.l + 7 + 6 + 10 -10 s 5,721# 16.4# $ 5,842# 15.0# 2 + 9 HEMPSTEAD (pop. 1,505) Postal recelpta• . .. ... ... ... . ....... . .. . .... . ..S 5,147 - 10 -24 s 72,468 s 72,925 Bank debits (thonaands) . . . ..... . . . .... . ...... .$ 1,535 + 4 + 6 ' 17,857 s 18,534 4 End-of-month deposit& (thousands) i . .. .. ... ... S 2,039 + 6 - 6 s 1,993# s 2,090# 5 Annual rate of deposit turnover...... . 9.3 + 6 + 13 9.0# 8.9# + HUMBLE: see HOUSTON SMSA HUNTSVILLE (pop. 11,999) Postal receipta• . . . . . . . . . . . . . . . . . . . . . . . . S Buildlnc permits, lea federal contract.a . . . .. S Bank debits (thousands) ... . .. ..... . .. . .. .$ End-of-month deposits (tbomandsH.... . .$ Annual rate of deposit turnover............... . 16,121 0 8,932 9,285 11.8 3 -18 + 7 + 5 + 3 -10 + 7 + 17 s 195,598 $ l,447,822 s 105,250 $ 9,304# 11.3# $ 189,807 $ 430,584 s 114,473 s 9,292# 12.4# + 8 +236 - 8 •• - 9 IOWA PARK: see WICHITA FALLS SMSA IRVING: see DALLAS SMSA JACKSONVILLE (pop. 10,509r) Postal recelpta• .. .. ... . ....... . . . .. . Bnildlnc permita, lea federal contract& . . . Bank debits (thousands) .............. .. . End-of-month depoaita (thousands) i . .... . . ....$ ....$ s s Annual rate of deposit turnover............. . 24,171 20,750 13,952 11,695 15.0 -12 -75 + 7 + 10 •• + 9 -88 + 16 + 15 + 3 $ $ s $ 271,334 l ,257,444 163.383 10,141# 16.2# $ s s $ 253,815 l ,179,950 142,735 9,647# 14.8# + 7 + 7 + 14 + 5 + 9 JASPER (pop. 4,889) Retail aalea ....... . ..... .. .......... ..... . ... . -6t + 48 + 8 + 8 Postal. receipts• ... . ............ ...... . ....... . S 18,629 +116 3 s 119,770 s 112,629 + 6 Bulldlnc permits, lea federal contract.a... . .. . .. s Bank debits (thousands) . . ... . ........ . . . .... .. $ End-of-month deposit& (thousands) i . ..... . ... .S Annual rate of deposit turnover........ . ...... . 88,500 10,122 8,295 14.7 -15 8 + 9 + 13 + 6 -6 + 11 s $ s 1,115.090 131.011 8,562# 15.S# s $ s 353.420 113.615 8,316# 13.7# +216 + 15 + 3 + 12 Percent change Percent chan11e City and item Dec 1964 . Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1964 Jan-Dec 1968 Jan-Dec 196' from Jan-Dec 1961 KATY: see HOUSTON SMSA KERMIT (pop. 10,465) Retail sales Drug stores . . . . . . . . . . .. + 48t + 18 + 28 + 6 Postal receipts• .. . . . $ 14,103 + 81 + 1 $ 112,798 $ 116,191 - 8 Building permits, leas federal contracts . .$ 3,400 - 90 - 56 $ 397,691 $ 686,496 - 82 KILGORE (pop. 10,092) Postal receipts• .... $ 23,673 + 67 - 2 $ 208,789 $ 214,944 8 Building permits, less federal contracts. . ...$ 108,400 + 48 $ 1,076,767 $ 1,169,989 7 Bank debits (thousands) . . . $ 12,506 + 12 + 10 $ 146,631 $ 139,861 + 6 End-of-month deposits (thousands)t. .$ 13,681 - 1 + 4 $ 13,027# $ 12,600# + 8 Annual rate of deposit turnover.. . Nonfarm employment (area). 10.9 30,450 + 10 •• + + 4 6 11.3# 29,479# 11.1# 28,667# + 2 + s Manufacturing employment (area) . 6,870 + 2 + 20 6,313# 6,669# + 11 Percent unemployed (area) . 8.6 + 9 - 23 4.1# 4.9# -16 KILLEEN (pop. 23,377) Postal receipts• . ...... . .. . . .. . $ 74,114 + 62 + 6 $ 569,680 $ 554,777 + 8 Building permits, less federal contracts. . .$ 708,865 + 42 + 9 $ 13,853,403 $ 11,622,480 + 19 Bank debits (thousands). . ... ...... .. . $ 21,841 + 9 + 16 $ 281,875 $ 198,127 + 17 End-of-month deposits (thousands) i . . .. . $ 16,602 + 26 + 44 $ 12,908# $ 10,641# + 21 Annual rate of deposit turnover. 17.2 - 3 - 11 18.3# 18.8# - 8 KINGSLAND (pop. 150) Postal receipts• ....... . ... . . . . ... ....... .. $ 1,826 +us + 24 $ 14,887 $ 14,028 + 6 Bank debits (thousands) . ...$ 712 - 16 + 44 $ 9,485 $ 5,218 + 82 End-of-month deposits (thousands) i . . . .. $ 694 + 14 + 50 $ 605# $ 888# + 79 Annual rate of deposit turnover. . .. 13.1 -20 + 3 16.0# 12.5# + 28 KINGSVILLE (pop. 25,297) Retail sales + 48t + 41 + 5 + 7 Postal receipts• .. $ 26,273 + 29 4 $ 246,612 $ 236,000 + 4 Building permits, less federal Bank debits (thousands). contracts. .$ . $ 505,250 13,007 + 5 + 19 •• $ $ 4,003,839 144,965 $ $ 1,720,637 144,868 +188 •• End-of-month deposits (thousands) i . .. $ 14,211 - 6 3 $ 14,385# $ 13,188# + 9 Annual rate of deposit turnover. . ......... 10.7 + 20 - 1 10.1# 11.0# -8 KIRBYVILLE (pop. 1,660) Postal receipts• . . . . .. . . ... .. . . Bank debits (thousands) . . . End-of-month deposits (thousands) i . Annual rate of deposit turnover. $ .. . . $ .. .. $ 5,641 2,238 3,804 7.1 + -- 77 27 •• 26 + - 9 6 11 $ $ $ 51,618 28,788 8,455# 8.4# $ $ $ 52,166 27,404 3,213# 8.6# + + 1 6 8 2 LA FERIA: see BROWNSVILLE-HARLINGEN-SAN BENITO SMSA LA MARQUE: see GALVESTON-TEXAS CITY SMSA LAMESA (pop. 12,438) Retail sales Drug stores + 48t + 86 -4 -2 Postal receipts• ··· ···· ······ ... 26,767 + 80 -13 $ 176,337 $ 197,779 -11 Building permits, less federal contracts . .. ..... . $ 16,300 -78 -96 $ 1,884,052 $ 2,512,160 -26 Bank debits (thousands) . ... . .. .. . . $ 24,196 48 + -8 $ 215,514 $ 239,795 -10 End-of-month deposits (thousands) i. . .. $ 18,635 + 24 -11 $ 16,699# $ 17,666# -6 Annual rate of deposit turnover . 17.2 Nonfarm placements ···· ·· ···· 44 -46 + 16 786 912 -1' + 29 + 8 12.7# 18.6# -6 LAMPASAS (pop. 5,061) Postal receipts• · ··· · ·· ·· ·· Building permits, less feder~i cont;acts . Bank debits (thousands) .... .. ...... . End-of-month deposits (thousanda)t. Annual rate of deposit turnover. . .$ .. . . $ . . $ .. $ 9,877 5,500 7,395 6,537 13.9 + -+ + + 29 90 3 4 8 + -+ -+ 10 69 7 5 14 $ $ $ $ 83,621 698,200 89,635 6,316# 14.2# $ 81,646 $ 857,468 $ 89,746 $ 6,707# 18.4# + 2 -19 •• 6 + 6 54 TEXAS BUSINESS REVIEW Percent change Percent change City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1964 Jan-Dec 1963 Jan-Dec 1964 from Jan-Dec 1963 LA PORTE: see HOUSTON SMSA LAREDO Standard Metropolitan Statistical Area (pop. 69,0441 ; Webb2) Nonfarm employment (area) ... Manufacturing employment (area) . .. Percent unemployed (area) .... . ... .. . 20,150 1,340 11.9 + + + 4 + l + 19,846# 1,343# 10.l# 18,858# 1,289# 10.l# + 3 + 4•• LAREDO (pop. 60,678) Retail aales Apparel stores ... .• .... , . . . . .... .. . . . Postal receipta• . . . . . . . . . . . . . . . . . . . . . . .. .$ Buildinir permits, less federal contract&.. .. .... .$ Bank debits (thouaands) . . . . . . . . . . . . . . . . . . $ End-of-month deposits (thousands>* . . . . . . . .$ Annual rate of deposit turnover. . . . ... . . . . . . . Nonfarm placement& .. . . . ... . ............... . . + 68t 58,393 159,450 41,876 29,996 17.3 401 + 44 + 32 + 5 + 10 + 10 + 2 -22 + 11 + 9 +320 + 8 -t 13 -3 + 14 $ $ $ $ 552,863 3,357,292 451,970 26,761# 17.0# 6,694 $ $ $ $ 580,021 2,604,716 429,230 25,277# 17.0# 4,622 + 14 + 4 + 29 + 5 + 6 •• + 45 LEVELLAND (pop. 10,153) Retail 1Bles Automotive stores . ..... . ..... .. . . ... . ... . Postal receipts• . . . . . . . . . . . . . . . . $ Buildinir permits, leas federal contracts. . $ Bank debita (thouaands) . . . . . . .$ End-of-month deposit& (thouaandsH . . .. $ Annual rate of deposit turnover. .. -6t 17,964 846,381 24,868 18.355 20.2 + 65 + 70 +168 + 62 + 65 + 19 -11 + 4 +250 + 10 + 23 -3 $ 141,220 $ 135.938 $ 2,676,190 $ 3,181,634 $ 191,234 $ 173,539 $ 11,841# $ 12,171# 16.1# 14.2# + 4 + 4 -16 + 10 + 13 -3 LIBERTY (pop. 6,127) Postal recelpta• ... . ... .. ... . ........... . .. . ...$ 9,983 + 34 8 $ 105,176 $ 104,847 •• Buildinir permit&, leas federal contracts. . . . . .$ 12,050 -91 $ 746,526 Bank debita (thou1Bnda) ...$ 8,501 - 6 End-of-month depoeita (thou1Bnda) i . ... .$ 10,366 + 21 - 11 $ 11,141# $ 10,891# + 2 Annual rate of deposit turnover . . . 10.8 -12 LLANO (pop. 2,656) Postal receipta• .... . . . . ....... . ...............$ 5,306 + 62 + 10 $ 43,495 $ 43,219 + 1 Buildinir permit&, leas federal contracts.........$ 37,500 -29 $ 146,002 $ 243,239 -40 Bank debita (thouaands) ... . ........ .. .........$ 3,030 - 9 - 4 $ 40,628 $ 43,573 - 7 End-of-month deposit& (thousands) i . . . . .. . .... $ 4,426 + 1 + 1 $ 4,190# s 4,036# + 4 Annual rate of deposit turnover...... . 8.2 - 11 8 9.7# 10.8# -10 LOCKHART (pop. 6,084) Postal rece!pta• .......................... ... .. $ 8,949 +105 + 7 s 67,492 $ 64.122 + 5 Buildinir permita, leas federal contracts . . .. . ....$ 24,450 + 15 + 561 s 861,242 $ 1,068.888 -19 Bank debita (thouaands) .. .. .. . . .... ... . .. . ....$ 6,458 + 20 + 21 s 63,926 $ 64,101 .. End-of-month depoaita (thousands>i...... .... . $ 6,765 -2 -l s 5,699# $ 6,619# + 3 Annual rate of deposit turnover.. .. ........... . 11.2 + 20 + 17 11.2# 11.8# -6 LONGVIEW (pop. 40,050) Retail IBles . ... .... . ...................... ... . + 25t + 16 + 18 + 6 Automotive stores ........... . . ... . . . .. . . . - St - 3 + 16 + 6 Druir stores ......... . ..... . ....... . . + 4St + 37 + 6 + 8 Lumber, building material, and hardware stores. ........... . - 12t + 22 + 63 + 16 Postal receipts• ... .. .......... . ...... . .... . ...$ 96,015 + 53 + 16 $ 813,139 $ 759,670 + 7 Buildinir permita, leas federal contracts.... . ....$ Bank debita (thousands) . .. . .. ... ....... ..... ..$ End-of-month depoaita (thouaands>i..... . .... .$ Annual rate of deposit turnover.. ............. . Nonfarm employment (area) ... . ...... . Manufacturinir employment (ara) ...... • .. 1,344,500 63,099 46,799 16.6 30,450 6,870 + 148 + 20 + 6 + 16 •• + 2 + 93 + 30 + 6 + 20 + 6 + 20 $ 28,614,800 $ 654,220 s 42,128# 16.6# 29,479# 6,313# s $ $ 6,369,814 684,926 88,683# 15.3# 28,667# 6,669# +350 + 12 + 9 + 2 + 3 + 11 Percent unemployed (area) .. .. .. .. .. ....... . . . 3.6 + 9 -23 4.1# 4.9# -16 Eercent change Percent chani1 City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1964 Jan-Dec 1963 Jan-Dec 196' from Jan-Dec 1968 LUBBOCK Standard Metropolitan Statistical Area (pop. 174,8441 ; Lubbock2 ) Nonfarm employment (area) Manufacturing employment Percent unemployed (area). (area) . 69,800 S,460 2.7 + 2•• -4 + 1 + 9 -16 67,717# S,198# 8.6# 66,125# 5,978# 8.9# + 5 + ' -10 LUBBOCK (pop. 128,691) Retail sales + 26t + 66 + 7 •• Apparel stores + S8t + 72 + 7 + Automotive stores - st + 42 + 9 - 1 Drug stores Florists + 43t + 29 + S4 + 10 + 9 + 5 + 14 Food stores + lOt + 16 + 19 + 5 Furniture and household appliance stores. + 3lt + 80 + 6 6 General merchandise stores . + S9t + 86 + 3 + 2 Lumber, building material, and hardware stores. - 12t + 12 + 21 + 2 Postal receipts• . .. ..... $ 306,186 + 26 + 10 $ 2,9S0,783 $ 2,755,245 + 7 Building permits, leas federal contracts.. ...... .$ 6,731,73S +135 +238 $ 69,686,622 $ 41,122,102 + 46 Bank debits (thousands) . . . . . . . . . . . . . . $ 363,919 + 4S + 8 $ 3,239,064 $ 2,970,487 + 9 End·of.month deposits (thousands)*· .. $ 169,996 + 19 + 12 $ 136,101# $ 127,460# + Annual rate of deposit turnover. 29.6 + 30 - 1 23.9# 28.1# + SLATON (pop. 6,568) Postal receipts• .... $ 7,482 + 39 -15 $ S2,270 $ 60,478 + 8 Building permits, less federal contracts .. .. .. ...$ 7,360 -88 $ 537,330 $ 470,8SO + 14 Bank debits (thousands) . . .. $ 5,939 + 50 + 15 $ 52,847 $ 51,457 + 8 End-of-month deposits (thousands) i . . . $ 4,62S + 17 - 6 $ 4,109# $ 4,818# 5 Annual rate of deposit turnover. lS.6 + 33 + 19 12.8# 12.0# + 7 LUFKIN (pop. 17,641) Retail sales Automotive stores Postal receipts• .. . . $ Building permits, less federal contracts. .$ Bank debits (thousands) . . .. ........ .. $ End-of-month deposits (thousandsJi. . .. .$ Annual rate of deposit turnover. Nonfarm placements . ...... .... ...... . ... , . , . -St 38,267 301,970 44,277 32,301 lS.4 57 + 40 + 8 9 + 35 -1 +so -41 + S7 + 1 +409 + 15 + 14 + s + 21 $ S98,8S2 $ S72,711 $ 4,0S0,017 $ 5,54S,880 $ 424,84S $ SS9,725 $ 28,499# $ 27,S48# 15.1# lS.4# 857 718 + 18 + 7 -27 + 15 + 8 + 18 + 19 McALLEN (pop. 32,728) Retail sales + 26t + 55 + 20 + 11 Apparel stores .. ... ... .... ..... . . . Automotive stores + S8t -St + 79 + 67 + 18 +so + 18 + 12 Furniture and household appliance stores . + 3lt + 26 + 29 + 21 Gasoline and service stations. Postal receipts• .... + 6t 55,669 + 27 + 45 + 8 + 1 $ 470,718 $ 460,402 -8 + 2 Building permits, less federal contracts . . . $ 7S9,375 +ss3 +689 $ S,194,345 $ 2,5SS,044 + 25 Bank debits (thousands) .. $ 36,009 + 25 + 18 $ S79,947 $ 850,657 + 8 End-of-month deposits · (thousands) t. Annual rate of deposit turnover. Nonfarm employment (area) . . . ...$ 23,951 18.0 43,050 + s + 16 •• + 5 + 10 + 1 $ 22,SlO# 17.0# 42,029# $ 21,467# 16.4# 40,854# + ' + ' + 8 Manufacturinir employment (area) . 4,770 - 5 - 2 4,560# 4,709# 8 Percent unemployed (area) . 7.6 + 10 -18 7.8# 7.7# 5 Nonfarm placements . . ... . . . ... . . 294 - 38 + 4 4,8SO 8,726 + 80 McCAMEY (pop. 3,375) Postal receipts• .... $ 4,518 + 52 -15 $ 42,693 $ 44,417 4 Bank debits (thousands) . .. $ 1,680 -4 -2 $ 21,713 $ 21,024 + 8 End-of-month deposits (thousands) t. .... $ l,Sl8 •• -3 $ 1,S84# $ 1,776# 5 Annual rate of deposit turnover. 12.4 -4 •• 12.9# 11.8# + 9 McGREGOR: see WACO SMSA McKINNEY: see DALLAS SMSA Percent change Percent change City and Item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1964 Jan-Dec 1963 Jan-Dec 1964 from Jan-Dec 1963 MARSHALL (pop. 23,846) Retail ll&iea .... ... ... .. . ...... . .... .. .. .. .. . + 25t +100 + 13 + s Apparel store ... . .... .... .......... .... . . + 68t + 91 + 6 Postal receipts• .. . . . . ... ........... ... ... .. . ..S 42,306 + 60 + 386,386 • 390,611 1 Bulldin1r permits, le11& federal contracts.........S 166,035 + 28 +582 $ 1,950,012 S S,220,793 -39 Bank debita (thousand.a) .............. ... . . ....S 21,474 + 35 + 19 $ 221.317 $ 210. 726 + 5 End-of-month deposits (thouaandaH . . . . ...$ 24,642 + 9 + 9 $ 23,187# s 22,336# + 4 Annual rate of deposit turnover.. . ....... ... .. . 11.0 + 29 + 15 9.6# 9.4# + 2 Nonfarm placements . . .... . ............... . 150 - 33 -10 2,514 2,096 + 20 MERCEDES (pop. 10,943) P...tal receipts• ... . . . .... .. ... .. .. ..... .. .....S 8,689 + 24 - 4 $ 78,087 $ 77,614 + Bulldln1r permits, le11& federal contracts.... . .. . . $ 12,040 - 70 - 61 $ 1.151.945 s 816,636 + 41 Bank debits (thousand.a) . . . . . . . . . . . . . .S 6,496 + 9 + 10 $ 71,406 s 68,346 + 4 End-of-month deposits (thouaandaH. . . . . S 8,878 + 6 + 2 $ 3.837# $ S,70# + 3 Annual rate of deposit turnover.. .. .. . . . 17.6 + 9 + 8 18.5# 18.3# + MESQUITE: see DALLAS SMSA MEXIA (pop. 6,121) Postal receipts• .... . .. . ... . . . ........ . ........S 9,780 + 70 + 3 $ 89,025 s 86,873 + 2 Bulldln1r permits, le11& federal contracts... . . ....$ 8,000 -62 -73 $ 603,401 s 237,802 +154 Bank debits (thouaanda) .. . ... .. . .. . ........ . ..S 4,661 + 15 s 54.062 s 50.971 + 6 End-of-month deposits (thouaandaH...... . . . .. S Annual rate of deposit turnover... .. ..... . 6,316 10.6 + 6 + 13 1 + 2 $ 5,119# 10.6# s 4.81~ 10.6# + 6 •• MIDLAND Standard Metropolitan Statistical Area (pop. 66,8901 ; Midland2) Nonfarm employment (area) .. . .. . .. . llanufacturln1r employment (area) .. . 56,700 4,160 + 1 •• 2 + 3 56,275# 4.139# 57,650# 4,159# - 2.. Percent unemployed (area) . .. . ....... . .... . .. . 3.8 •• + 8 3.3# 8.7# -11 MIDLAND (pop. 62,625) Retail aalea ...... . .. .... .... . ...... . .... . . + 25t + 56 + 9 + 4 Apparel store11 ... . .. ... ... . .... . . . . . . . .. . . Druir stores . .... .. .......... ... . + 68t + 43t + 69 + 48 + 16 + 3 + 7 + 7 P...tal recelpta• . . ..... .. . .... .... . Bulldlnir permits, le11& federal contracts..... . Bank debits (thouaanda) .. . . .. . End-of-month deposits (thouaanda) i . .. .. . . .. $•.. $ .$ 180,578 616,620 142,904 124,706 + 82 + 24 + 8 + 5 + 6 +164 -3 + 11 $ 1.3S4,408 $ 11,270,445 s 1,603,361 s 107,877# 1,851,582 $ 11,143,802 $ 1,638,264 s 103,203# + + 2 + 6 Annual rate of deposit turnover..... . Nonfarm placements . 14.l 570 + 1 -10 -10 + 12 15.0# 8,574 15.9# 7,698 6 + 11 MIDLOTHIAN: see DALLAS SMSA NEDERLAND: see BEAUMONT-PORT ARTHUR SMSA MINERAL WELLS (pop. 11,053) Poetal receipts• .... . ..... . .. . ............... . . S Bulldln1r permlta, le11& federal contracts.... . . . .. S 24,945 140,100 + 57 -86 + 42 -34 $ $ 199,893 1,999,244 $ $ 208,093 1,452,250 -4 + 38 Bank debits (thouaanda) .... . ..... . . .. .........$ 18,442 + 4 + 5 $ 149.952 s 154,076 s End-of-month deposits (thouaandaH . . . . . ...S Annual rate of deposit turnover. . ... . .... . .. . 12,248 13.4 + 4 + 1 -5 + 11 $ 11,824# 12.8# $ 12,860# 12.4# 4 + s Nonfarm placements . . . . . . . . .. . .... . .. . . . . 68 -50 -36 1,066 1,028 + MISSION (pop. 14,081) Retail ll&is Druir store . . + 48t + 17 + 12 + 11 Postal receipts• . . . . S 15,136 + 47 + 1 s 126,898 s 128,781 -1 Bulldlnir permits, le11& federal contracts. . .. . ....$ Bank debits (thouaanda) ... . . . . . . . . .$ End-of-month deposits (thouaandaH . . . . . . S Annual rate of deposit turnover. 85,580 11,966 9,542 16.0 -17 + 7 + 13 + +288 + 10 + 5 + 6 $ $ s 1.743,482 140,911 8,692# 16.3# $ $ s 552,031 129,330 8,431# 15.3# +216 + 9 + 3 + 7 MONAHANS (pop. 8,567) Poatal receipts• ..... . ... . . . . . .......... . -.. .. · S Bulldlnir permits, le11& federal contracts. . . ...$ Bank deblta (thouaanda) . . . . . . . . . . . . . . S 18,535 171,600 10,938 + 78 +342 + 15 + 26 +214 -1 $ $ $ 140,598 1,788,697 121,471 $ $ $ 134,561 827,731 122,074 + 4 +116.. End-of-month deposita (thouaandaH.. . .S Annual rate of depo1it turnover..... . .. . 7,929 17.4 + 11 + 12 + 2 $ 7,354# 16.5# $ 7,553# 16.0# 8 + 3 MOUNT PLEASANT (pop. 8,027) Retail ll&is Apparel store .. . .......... . . . . . .... . . .. ­. Poatal receipts• ................. .. .. . .. . ......S + 68t 15,450 +168 + 45 -7 + 4 $ 151,056 $ 146,220 -3 + 3 Bulldln1r permits. lea federal contraet.. . . . . . S Bank debits (thouaanda) ...... . ................S End-of-month deposits (thomanda)i........ . . . $ Annual rate of depoelt turnover... .. .... . .. . . . . 64,750 10,083 8,580 14.6 -87 + 1 + 4 1 + 39 -2 •• -6 s s $ 1,969.500 128,665 8,473# 15.2# s s $ 709,751 118.689 7, 535# 15.8# +177 + 8 + 12 -4 Percent change Percent chanse Dec 1964 Dec 1964 Jan-Dec 1964 Dec from from Jan-Dec Jan-Dec from City and item 1964 Nov 1964 Dec 1968 1964 1968 Jan-Dec 1968 MUENSTER (pop. 1,190) Postal receipts• .. . . .. .... . . .............. . · · · · $ Building permits, less federal contracts . . . . ...$ Bank debits (thousands) . . ..... · · $ End-of-month deposits (thousands) i . . . . . · · .$ Annual rate of deposit turnover... 4,599 28,000 2,577 2,265 13.9 +241 -50 + 29 + 8 + 26 + 79 + 48 + 25 -8 + 29 $ 26,846 $ 175,708 $ 27,676 $ 2,176# 12.7# $ $ $ $ 24,255 52,254 27,574 2,248# 12.8# + 9 +286 •• 8 + 8 NACOGDOCHES (pop. 12,674) Retail sales Apparel stores Postal receipts• . $ Building permits, less federal contracts......... $ + 68t 27,892 90,015 + 71 + 12 -92 + 11 + 8 + 6 $ 284,841 $ 4,589,527 $ 246,500 $ 2,879,492 + 11 + 16 + 68 Bank debits (thousands) .$ End-of-month deposits (thousands) i . .... $ Annual rate of deposit turnover...... . 22,388 20,091 18.4 + 2•• + 2 + 3 5 + 8 $ 267,426 $ 19,881# 18.4# $ 286,672 $ 19,468# 12.2# + 18 + 2 + 10 Nonfarm placements .. . ..... . . . 110 -29 + 86 1,490 1,298 + 16 NEW BRAUNFELS (pop. 15,631) Postal receipts• ... . ..$ 88,807 + 25 + 6 $ 289,448 $ 286,427 + 1 Building permits, less federal contracts . . . .. $ 84,681 + 68 - 44 $ 1,962,233 $ 2,240,009 - 12 Bank debits (thousands) . . .. . . . . $ 18,990 + 14 + 9 $ 161,624 $ 155,826 + 4 End-of-month deposits (thousands) i . ....$ 12,918 -5 + 8 $ 12,849# $ 12,478# + 8 Annual rate of deposit turnover.. . .. . 12.7 + 17 + 8 12.6# 12.6# + NORTH RICHLAND HILLS: see FORT WORTH SMSA ODESSA Standard Metropolitan Statistical Area (pop. 86,1531; Ector2) Nonfarm employment (area). Manufacturing employment (area) . 66,700 4,160 + 1 •• 2 + 8 56,275# 4,189# 57,650# 4,159# - 2•• Percent unemployed (area) .. 8.3 •• + 3.3# 8.7# -11 ODESSA (pop. 80,338) Retail sales + 25t + 61 + 6 + 16 Apparel stores ....... .. . . . . + 68t + 97 + 24 + 17 Furniture and household appliance stores. + 81t + 87 + 6 + 7 General merchandise atores . . . + 69t +106 + 4 + 1 Postal receipts• .. .. . ...... . . ... .......... . .... $ 189,867 + 52 + 8 $ 1,190,127 $ 1,155,048 + 8 Building permits, less federal contracts . . ... $ 267,400 -49 + 24 $ 5,897,464 $ 7,192,865 -18 Bank debits (thousands) . . . ........S 95,402 + 17 + 16 $ 1,027,659 $ 922,940 + 11 End-of-month deposits (thousands) i . . . ....$ 62,207 + 8 -23 $ 77,208# $ 75,776# + 2 Annual rate of deposit turnover. Nonfarm placements 18.7 347 + 30 -89 + 46 •• 18.8# 5,859 12.2# 5,870 + 9•• ORANGE: see BEAUMONT-PORT ARTHUR-ORANGE SMSA PALESTINE (pop. 13,974) Poatal receipts• . . . . . . . . . . . . . . . . . . . . . . . . . $ Building permits, less federal contracts. . .$ Bank debita (thousands) . .$ End-of-month deposits (thouaands>i........ . .. $ Annual rate of deposit turnover. 36,026 49,600 12,460 17,540 8.6 +102 -21 1 + 1 8 + 18 -40 + 9 + 6 + $ $ $ $ 230,890 1,842,886 146,568 16,150# 9.1# $ 222,850 $ 1,604,018 $ 187,468 $ 15,751# 8.8# + 4 -16 + 7 + 8 + 8 PAMPA (pop. 24,664) Retail aales .... Automotive atores ........ . Eating and drinking places. Postal receipts• . .. . . .......... . Building permits, less federal contracts . Bank debits (thousands) . End-of-month deposits (thouaands) i . Annual rate of deposit turnover.... Nonfarm placements PECOS (pop. 12,728) ....$ $ $ $ + 25t -6t + 4t 46,139 159,859 29,814 22,821 16.8 111 + 40 + 84 + 2 + 57 +175 + 19 -2 + 21 -45 + 2 + 6 + 9 + 6 +252 + 17 + 2 + 10 + 10 $ $ $ $ 882,029 l,277,575 314,205 21,489# 14.6# 2,885 $ 375,928 $ 1,276,541 $ 299,521 $ 22,172# 18.4# 1,696 e 1 + 7 + 2•• + & -8 + 9 + 41 Postal receipts• . . . . . . . . . . . . . . . . . . . S Building permlta, Iese federal contracts . $ Bank debits (thouaanda) ...... . ................$ End-of-month deposits (thousands) i . . .$ Annual rate of deposit turnover....... . . Nonfarm placementa ............... , . . . . . . .. . 15,692 2,400 20,647 11,304 22.8 6! + 83 -75 2 + 8 -5 -41 -18 -80 •• -10 + 11 + 42 $ $ $ $ 168,494 862,011 204,364 10,789# 18.9# 857 $ 175,621 $ 687,866 $ 220,280 $ 11,578# 19.1# 846 -4 -47 + 7 7 1 58 TEXAS BUSINESS REVIEW Percent change Percent change City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1963 Jan-Dec 1964 Jan-Dec 1963 Jan-Dec 1964 from Jan-Dec 1963 PARIS (pop. 20,977) Retail ll&les . .. ... ... ... . .. ... ..... .. + 25t + 29 + + 6 Apparel stores .. . . . ... + 68t + 54 + 1 + 5 Automotive stores ··· · ·· · .. .... .... - St + 7 + 3 + 3 Lumber, building material, and hardware stores. . - 12t - 17 -13 + 10 Postal receipts• .... .. .............. . . .. ...... . $ 36,204 + 14 - 7 $ 342,735 $ 339,753 + Building permits, less federal contracts. .$ 87,620 - 42 -89 s 4,620,273 $ 4,083,103 + 13 Bank debits (thousands) ······· · ·· ... s 21,882 + 11 + 14 $ 245,397 s 223,432 + 10 End-of-month deposits (thousands)t ... .$ 17,622 + 6 - 2 s 16,052# s 15,424# + 4 Annual rate of deposit turnover. 15.3 + 6 + 15 15.3# 14.5# + 6 Nonfarm placements ....... ...... . . .. 154 - 20 +114 1,546 1,148 + 35 PASADENA: see HOUSTON SMSA PHARR (pop. 14,106) Postal receipts• .... .. .... $ 17,397 +158 + 56 98,456 $ 93,624 + 5 Building permits, less federal contracts. . .....$ 53,330 + 34 - 60 455,629 $ 1.133,325 - 60 Bank debits (thousands) .... . .. .. .... .. $ 4,392 + 21 + 6 s 49,834 s 50, 784 2 End-of-month deposits (thousands) i . Annual rate of deposit turnover... $ 4,488 12.8 + 19 + 7 + 5 •• s 4.207# 11.9# $ 4,249# 12.0# PILOT POINT: see DALLAS SMSA PLAINVIEW (pop. 18,735) Retall ll&les Automotive stores . .. .. General merchandise stores . -+ St 69t + + 13 90 - 11 •• 1 Postal receipts• ... ·· ·· ····· · . .$ 55,067 + 86 + 9 s 383,378 s 355,637 + 8 Buildine permits, less federal contracts... s 548,450 - 21 5 $ 8,380,450 s 4,652,750 + 80 Bank debits (thousands) ...... . ......... .$ 52,121 + 10 + 3 $ 554,184 $ 512,572 + 8 End-of-month deposits (thousands) i . ....$ 85,013 + 24 + 2 $ 29,361# Annual rate of deposit turnover... . ..... 19.8 - 1 19.0# Nonfarm placements . ... . . . . . . . . .. 250 - 16 3,639 3,263 + 12 PLANO: See DALLAS SMSA PLEASANTON (pop. 4,485) Retail ll&les Drug stores ......... . . . ........ + 43t + 81 - 7 - 8 Gasoline and aervlce otationo ... + st + 15 + 18 + 12 Buildine permits, less federal contracts. . s 21,700 + 90 s 446,512 Bank debits (thousands) .. .. .. . . . $ 3,040 + 8 + 2 $ 33,379 $ 31,746 + 5 End-of-month deposits (thousands) i . .$ 4,202 + 5 + 2 $ 3,788# s 4,076# - 7 Annual rate of deposit turnover... . .. 8.9 + 5 + 3 8.8# 7.8# + lS 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• . .. .. .. . . . . . . . . . . . . . .. . .$ 8,150 + 72 + $ 65,924 s 69,020 - 4 Buildine permits, leas federal contracts... ......$ 5,000 + 11 s 446,952 $ 640,951 - 30 Bank debits (thousands) .... . . . . . . . . . . .. .. . . . . $ 6,487 + 25 + 7 $ 64,307 s 70,573 9 End-of-month depooits (tbousands)t. .$ 5,556 + 8 8 $ 5,416# $ 5,888# 8 Annual rate of deposit turnover... . . ····· ···· ·· 14.5 + 24 + 17 11.8# 11.9# RAYMONDVILLE (pop. 9,385) Po.tial receipts• ........ ..................... .$ 10,140 + 64 + 9 $ 92,484 $ 90,183 + 3 Buildine permits, less federal contracts. .$ Bank debits (thousands) . ..... . ...... .. $ End-of-month deposits ( thoUllllDds) i . $ Annual rate of deposit turnover. ... .... . ..•. ... Nonfarm placements .. . ... . .... .... .. .... .... . 16,500 6,648 8,017 9.7 87 -+ -+ + 20 11 4 13 32 -+ + + - 72 30 8 18 52 s $ $ 343,700 96,624 7,988# 11.9# 635 $ s $ 467,250 84,626 7,680# 11.0# 782 -+ + + - 26 14 4 8 19 REFUGIO (pop. 4,944) Retail ll&les Lumber, building material, and hardware .tores......... .. .. ..... . -12t + 15 + 54 -3 66,522 Poctal receipts• .. . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 7,217 + 50 -5 s 66,788 s •• Buildlne permits, leas federal contraeta. s 29,800 +751 $ Percent change Percent chan,. City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1968 Jan-Dec 1964 Jan-Dec 1968 Jan-Dec 1984 from Jan-Dec 196a RICHARDSON: see DALLAS SMSA ROBSTOWN: see CORPUS CHRISTI SMSA ROCKDALE (pop. 4,481) Postal receipts• ..... . $ 7,257 + 47 -12 $ 66,089 s 86,879 •• Building permits, less federal contracts.. . .. $ 12,850 -7 -14 $ 469,875 s 274,571 + 87 Bank debits (thousands) . ... . $ 4,869 + 28 + 13 $ 56,048 . $ 60,'56 + 9 End-of-month deposits (thousands) t. $ 6,602 + 1 + 9 $ 6,274# s 6,914# + 8 Annual rate of deposit turnover. 8.9 + 22 + 3 8.8# 8.6# + 4 ROSENBERG (pop. 9,698) Postal receipts• $ 16,457 + 86 -2 $ 126.896 $ 126,628 •• Buildinir permits, leas federal contracts . . . . . . . . $ 88,976 -17 -61 $ 996,841 $ 1,672,844 -40 End-of-month deposits (thousands) t . $ 10,754 + 2 + 9 $ 9,854# $ 9,524# + a SAN ANGELO Standard Metropolitan Statistical Area (pop. 70,5821 ; Tom Green2) Nonfarm employment (area) . 20,850 + 1 + s 20,258# 19,929# + 2 Manufacturinir employment (area) . 3,500 - 1 + 11 S,422# 8,188# + 7 Percent unemployed (area) ..... 4.2 - 16 -18 4.8# 6.8# 9 SAN ANGELO (pop. 58,815) Retail oalea .. .. ..... ... ······· · ·· . ...... .... + 25t + 68 + 5 + 8 General merchandise stores. + 69t + 88 + 6 + 7 Jewelry stores .. . .. . .. . . . . . +205 8 Postal receipts• ... ...$ 181,212 + 28 + 3 $ 1,222,672 $ 1,178,992 + 4 Building permits, leas federal contracts. .. . $ 528,850 -73 +128 $ 9,332,605 $ 6,058,715 + 54 Bank debits (thousands) End-of-month deposits (thousands) t .. Annual rate of deposit turnover. . .. ...$ . . . . . $ 65,425 52,776 15.1 + 10 + 4 + 6 + 11 + 2 + 9 $ $ 758,179 60,081# 15.2# $• 697,621 49,264# 14.2# + 9 + 2 + 7 SAN ANTONIO Standard Metropolitan Statistical Area (pop. 784,2691 ; Bexar and Guadalupe2) Nonfarm employment (area) . . . . . . . . . . . . . . . 217,500 + 1 + 1 216,700# 210,792# + 2 Manufacturing employment (area) . 26,000 •• + 1 26,871# 26,421# + 2 Percent unemployed (area) . . . . . 4.1 - 7 -13 4.6# 6.1# -1! SAN ANTONIO (pop. 587,718) Retail oalea ............ . + 25t + 28 + 9 + • Apparel stores . + 54t + 62 + 6 + 12 Automotive atoree ... ... .... . . . + 7t + 6 + 7 + 6 Druir atorea + 32t + 82 + + a Eatinir and drlnklnir places . + 7t + 6 s - 2 Floriata . . .. . ... .. . Food stores .......... . ... . + 9t + 97 + 11 + 16 + 8 + 14•• Furniture and household appliance stores. + 81t + 42 + 2 + 7 Gaaoline and service stations. + 2t + 12 + 28 2 General merchandise stores . Jewelry atorea + 49t + 39 +296 + 8 + 18 + 6 1 Liquor stores ... .. ... . + 88 + 11 + 11 Lumber, building material, and hardware stores . Nuraerlea ................ . Post.al receipts• ... . ..........S -4t 1.264.899 -s + 12 + 31 + 28 + 26 + 8 $ 11, 705,870 s 11,268,890 + 2 + • 4 Building permits, leas federal contracts.... .....$ Bank debits (thousands) . . ....S End-of-month deposits (thousands)t . S Annual rate of deposit turnover. 4,634,339 861,941 463,809 22.6 -22 + 14 + 2 + 11 -so + 6 + 5 + $ 69,824,981 $ 9,897,026 $ 486,890# 21.6# • 60,420,281 s 8,966,783 • 420,886# 21.8# + 16 + 6 + 4 + l SCHERTZ (pop. 2,281) Pootal receipts• . . . . . . . . . . . . . . . . . . . . . . . . . . . . S Bank debits (thousands) . . .. . ...... .. .. . .. .$ End-of-month deposits (thousands)t . . ....$ Annual rate of deposit turnover. 8,801 616 1,161 6.6 + 78 + 8 + 3 + 6 + 28 s•$ 22,464 7,480 1,125# 8.0# • 18,888 + 20 SEGUIN (pop. 14,299) Postal receipts• ...s Buildinir permits, less federal contracts. . .. . S Bank debits (thousands) . . ... . ...... . .. .. s End-of-month deposits (thousands) i . .... .. ... .$ Annual rate of deposit turnover..... 20.898 97,830 15,212 16,259 11.2 + 67 -68 + 26 -l + 27 + 11 + 87 + 85 + 7 + 29 $ 171,164 s 1,868,816 • 155,189 • 15.784# 9.9# s 166,944 • 1,028,747 • 189,2'77 • 15,281# 9.2# + a + 81 + 11+ • + 8 Percent change Percent change City and item Dee 1964 Dee 1964 from Nov 1964 Dec 1964 from Dee 1963 Jan-Dee 1964 Jan-Dee 1963 Jan-Dee 1964 from Jan-Dee 1963 SAN BENITO: see BROWNSVILLE-HARLINGEN-SAN BENITO SMSA SAN JUAN (pop. 4,371) Postal receipts• . . . . . . . . . . . . . . . . . . . . . . . . . . S 5,170 + 79 + 5 s 86,866 $ 36,579 + 1 Buildinir permits, leu federal contracts. . . . . $ 9,500 +121 +107 $ 162,185 $ 77,722 +109 Bank debita (thousanda) ........ .. ...... . . . .. . . $ End-of-month deposita (thousanda>i... . .$ 2,256 2,841 - 8 •• + 15 + 16 $ $ 25,861 1,975# $ $ 23,785 1,955# + 9 + 1 Annual rate of dePoSit turnover. . .. .. . 11.6 -11 - 2 13.2# 12.2# + 8 SAN MARCOS (pop. 12,713) Postal receipts• . . . . . . . . . . . ....... . ... . ..S 17,699 + 47 - 1 $ 171,341 $ 170,0SO + 1 Buildinir permits, leu federal contraeta. . ... .. .. $ 64,350 -19 -51 $ 4,158,633 $ 1,393,010 +199 Bank debits (thousanda) .. ................ .. ...$ 9,815 + 7 + 20 $ 113.744 $ 102,392 + 11 End-of-month deposita (thousanda) i . .. . ... .. . . $ 11,546 4 + 23 $ 10,882# $ 9,483# + 15 Annual rate of deposit turnover.... . ..... . 10.0 + 5 - 2 10.6# 10.9# - 3 SAN SABA (pop. 2,728) Postal receipts• . .... . ...... .. ................$ 5,546 + 32 - 15 s 47,052 $ 46,809 + 1 Buildinir permits, leu federal contraeta....... ..$ 4,000 $ 238,152 $ 75,056 +217 Bank debita (thousands) .. .. ........ .. .... . . . ..$ 4,544 + 9 - 18 $ 63,191 $ 55,145 - 4 End-of-month deposita (thousanda) i . .. ..... . .. $ Annual rate of deposit turnover... . .... . ..... . . 4,729 11.9 + 7 + 6 -- 4 11 $ 4,561# 11.6# $ 4,772# 11.6# - 4 •• SCHERTZ: see SAN ANTONIO SMSA SEAGOVILLE: see DALLAS SMSA SEGUIN: see SAN ANTONIO SMSA SHERMAN (pop. 24,988) Retail sales . ... . . . . .. .. ... . ....• . ........ . .... + 25t + 76 + 3 + Apparel stores ..... + 68t +161 4 1 Automotive stores .. .. . . ....... . ..... ... . . - st + 77 + 8 + 5 Furniture and household appliance stores . . . + Slt + 17 + 4 + 8 Poltal recelpta• . . . . . . . . . . . . . . . . . . . . . .$ 58,638 + 54 + 14 s 509,429 $ 500,124 + 2 Building permits, leu federal contracts.. $ 719,483 + 88 +397 s 7,953,933 $ 4,677,411 + 70 Bank debita (thousands) . . . . ........ . .. $ 86,881 + 6 + 13 $ 389,046 $ 367,072 + 6 End-of-month deposits (thousanda) i . . . . . .$ Annual rate of dePoSlt turnover..........•..... 24,046 18.7 + 3 + + 5 + 4 $ 20,948# 18.6# $ 19,825# 18.6# + 6•• Nonfarm placements . . . . . . .. . ... . •. . . . 77 -21 -29 1,672 2,046 -18 SILSBEE (pop. 6,277) Postal receipts• .............. . . .$ 14,192 + 57 + 13 $ 118,214 $ 111,549 + 6 Buildinir permlta, •-federal contracts. . s 16,600 -86 $ 576,632 $ 567,727 + Bank debits (thousands) . End-of-month deposita (thousanda) i . .$ .$ 4,848 5,786 + 12 + 4 3 + 2 $ $ 57,963 5,570# $ $ 54,829 5,576# + 6 •• Annual rate of deposit turnover ... 10.2 + 9 10.4# 9.9# + SINTON (pop. 6,008) Postal receipts• .$ 7,550 + 31 -35 $ 93,786 $ 93,975 •• Buildinir permits, leu federal contracts. . . $ 32,125 + 37 -27 $ 230,096 $ 425,604 -46 Bank debits (thousands) . . $ 4,368 -2 -6 $ 60,724 $ 54,562 + 11 End-of-month deposits (thousanda) i. .$ 4,883 -3 •• $ 4,750# $ 4,815# -1 Annual rate of deposit turnover.......... . .. .. . 10.7 •• -8 12.8# 11.3# + 13 SLATON: see LUBBOCK SMSA SMITHVILLE (pop. 2,933) Postal receipts• . . . . . . . . . . . . . . . . ...... . . $ Buildinir permits, less federal contracts.........$ Bank debits (thousands) . . .. . ..... ...$ 3,811 0 1,450 + 80 + 31 -6 + 18 s $ s 81,427 106,932 16,084 $ $ $ 31,468 79,113 14,963 •• + SS + 7 End-of-month deposits (thousanda) i . ... .. .....$ 2,471 + 2 -6 $ 2,457# $ 2,426# + Annual rate of dePoSit turnover. 7.1 + 29 + 27 6.5# 6.2# + SNYDER (pop. 13,850) Retail sales Automotive stores ...... . ....... ... ...... . Postal receipts• ......... . .. .. ................S -St 23,587 + 65 + 87 -1 + 2 $ 172,726 s 172.460 -9•• Buildinir permits, leu federal contracts.........$ Bank debits (thousands) . . .................$ 77,500 17,342 + 17 +496 5 $ $ 654,370 186.803 $ $ 820,484 160,062 -20 + 17 End-of-month deposits (thousanda>i...... .. ...S Annual rate of dePoSlt turnover... -- 18,833 10.9 -2 + 17 5 2 $ 17,986# 10.4# $ 17,771# 9.0# + 1 + 16 Percent change Pereentchanse Dec 1964 Dec 1964 Jan-Dec 1994 Dec from from Jan-Dec Jan-Dec from City and item 1964 Nov 19G4 Dec 19G3 19G4 1968 Jan-Dec 19U SOUTH HOUSTON: see HOUSTON SMSA SULPHUR SPRINGS (pop. 9,160) Retail sales Automotive stores Food stores Postal receipts• Building permits, less federal contracts . Bank debits (thousands) End-of-month deposits (thousands) i. Annual rate of deposit turnover. . . - Gt + 67 + 22 + 18 .$ + lOt 21,944 + 19 + 22 + 22 + 24 $ 202,178 • 174,197 + g + 18 . . $ 129,874 -17 -G8 $ 1,696,798 s 1,764,428 9 .. $ 14,478 + lG + 19 $ 167,288 s 144,788 + 9 .. $ 14,389 + 3 + 7 $ 18,026# $ 12,948# + 1 12.3 + 12 + 16 12.1# 11.2# + 8 SWEETWATER (pop. 13,914) Retail sales Automotive stores ... Postal receipts• .$ Building permits, lees federal contracts . . . .. . $ Bank debits (thousands) . .$ End-of-month depoaits (thouaands) i . .$ Annual rate of deposit turnover. Nonfarm placements - Gt 20,903 84,030 14,641 10,842 16.6 73 + 3G + 68 + 79 + 17 + 8 + 16 -37 + 32 + 3 + 86 + 1 4 + 4 + 86 $ 192,424 $ 187,860 $ 768,996 $ l,199,681 $ 144,G64 $ 149,867 $ 10,196# $ 10,821# 14.1# 14.4# 1,363 1,182 + 4 + I -87 -1 -2 + 20 TAYLOR (pop. 9,434) Retail sales Automotive stores Postal receipte• . . . . . . . . . . . .$ Building permits, less federal contracts. .$ Bank debits (thousands) .......................$ End-of-month deposits (thouaandali. . . S Annual rate of deposit turnover...... . . . Nonfarm placements ... . ... ..... . . . . .. . -Gt 18,662 69,670 9,248 16,G40 6.6 19 + 86 + 22 +263 + 6 + 12 -1 -2 + 32 + 12 + 12 -1 +171 $ 127,999 $ 126,878 $ 1,010,141 $ G60,686 $ 116,161 $ 107,048 $ 16,667# s 14,982# 7.4# 7.2# 881 818 + 8 + 2 + 61 + 8 + 4 + 8 + 22 TEMPLE (pop. 30,419) Retail sales .... . .... . . . + 26t + 45 + 9 + • Apparel stores + G8t + 9G - 4 + 2 Automotive atorea - Gt + 47 + 13 + 8 Eating and drinking places . + 4t + 4 -14 Furniture and household appliance stores . + 11lt + 68 + 6 + Postal receipts• . . . . . . . . . . . ....$ 70,912 + 29 + 16 $ 641,873 $ 618,037 + 6 Building permits, leas federal contracts. . ... .$ 177,191 -87 -40 $ 9,992,896 $ 7,240,682 + 88 Bank debit• (thousands) . . . . . . . . . . . . . . . . . . . $ 86,634 + 7 + 8 $ 428,961 $ 877,662 + 12 Nonfarm placements ....... .... . . . . . .. . .. . .. . 176 - 28 + 28 3,109 2,280 + 86 TERRELL (pop. 13,803) Postal receipts• . . . . . . . . . . . . . . $ 19.637 + 69 - 7 $ 139,7G6 $ 189,866 •• Building permits, less federal contracts . . ...$ 63,638 - 6 -17 $ 2,476,G29 $ 1,587,862 + 61 Bank debits (thouaands) . . ................ . . $ 10,283 + 19 + 11 $ 118,648 $ 110,026 + 8 End-of-month deposits (thousands) i . . . $ 9,918 + 11 + 6 $ 8,881# $ 8,727# + Annual rate of deposit turnover.. 13.1 + 16 + 10 18.6# 12.7# + TEXARKANA Standard Metropolitan Statistical Area (pop. 64,6141 ; Bowie, excluding Miller, Ark.2) Nonfarm employment (area) .. ........... Manufacturing employment (area) . Percent unemployed (area) . . . . . . . . . . . . . . . . . 32,600 G,860 6.9 - •• •• 9 + •• + 82,064# 6,740# 6.1# 81,888# 6,680# 6.0# + 1 + 1 + 2 TEXARKANA (pop. 30,218) Retail sales Furniture and household appliance stores . + 8lt + 64 + 22 + • Postal receipts• .. .. .............. . . . .......S Building permits, less federal contracts. . ... $ Bat.k debits (thousands) . . ....$ End-of-month deposits (thousands) i . .... $ 98,802 317,576 72,764 20,633 + 84 -40 + 12 + 2 + 10 +310 + 8 + 4 $ $ s s 987,166 4,468,660 816,976 19,972# $ • • $ 899,049 2,996,892. 788,186 18,788# + 4 + 49 + • + 7 Annual rate of deposit turnover . 18.2 + 6 2 18.8# 18.9# TEXAS CITY: see GALVESTON-TEXAS CITY SMSA TOMBALL: see HOUSTON SMSA Percent change Percent change Jan-Dec 1964 Dec 1964 Dec 1964 from Jan-Dec Jan-Dec Dec from from Jan-Dec 1963 City and item 1964 Nov 1964 Dec 1963 1964 1963 TYLER Standard Metropolitan Statistical Area (pop. 93,2591 ; Smith2) Nonfarm employment (area) .... . ..... . . ..... . Manufacturina employment (area) ..... . . . . Percent unemployed (area) . ............... . ... 83,000 8,500 4.2 + 1 •• + 17 + 4 + 9 -14 32,333# 8,193# 4.S# 31,575# 7,738# 4.5# + 2 + 6 4 TYLER (pop. 51,230) Retail aalee ········· ·· ·········· ······· ·· ····· Apparel storee ... ... .. . .... .. ... . . . .... . .. Automotive storee ···· ··· ··· ···· ······ ···· Florillta ··················· ···· ··········· Food storee .......................... . .... Postal receipta• ..... . ........................$ Bulldina permlta, len federal contracts. . .......$ Bank debits (thousands) ..... . . . .... . ....... . .. $ End-of-month deposita (thousandsJi...........$ Annual rate of deposit turnover.... . ... ... ... Nonfarm placementa ·· ····· ······ ······ ··· ···· + 25t + 68t -st + lOt 118,991 636,646 114,364 77,779 18.2 473 + 29 + 57 + 28 + 92 + 16 + 21 + 13 + 6 + 6 + 3 -41 + 19 -5 + 28 + 11 + 10 -29 + 19 + 6 + 6 + 1 7 $ 1,337,513 $ 17,889,500 $ 1,311,879 $ 71,333# 18.4# 7,685 $ 1,351,225 $ 12,701,316 $ 1,240,487 $ 68,705# 18.1# 8,055 + + 10 1 + 7 1 + 41 + 6 + 4 + 2 5 UVALDE (pop. 10,293) Retail aalee .... ... .. .. .. ........ .. .. ....... ... - 6t + 15 -19 ' Lumber, bulldina material, and hardware storee.... . ............ . . - 12t + 19 + 18 Postal receipta• .. . . . . .. .... ...... . ...... . ....$ 15,182 + 1 + 11 $ 145,457 $ 133,811 + 9 Buildlna permits, len federal contracts. . .. ... .. $ 80,040 -25 + 89 $ 889,269 $ 1,192,253 - 25 Bank debits (thouaands) .... . .. ... . . .... .......$ End-of-month depo•lta (thousands) i . ..........$ 12,558 8,752 + 7 + 3 + 9 •• $ $ 147,845 8,874# $ $ 153,889 9,079# 4 2 Annual rate of deposit turnover......... . ...... 17.5 + 8 + 11 16.7# 16.9# 1 VERNON (pop. 12,141) Postal receipts• ........... .. .. .... ... ...... ..$ 25,578 + 90 -14 $ 174,958 $ 189,138 -7 Bulldlna permits, Jen federal contracts.........$ 844,904 $ 1,806,424 $ 1,053,598 + 71 Bank debits (thouaands) ........... . . ... .......$ 17,801 + 24 + 9 $ 182,317 $ 189,366 4 End-of-month depo•ita (thousanda) i ...........S 20,956 + 9 + 2 $ 19,668# $ 19,554# + 1 Annual rate of deposit turnover. ........ . ..... 10.3 + 18 + 8 9.3# 9.7# 4 Nonfarm placementa .... ... ................... 41 -48 -25 847 911 7 VICTORIA (pop. 33,047) Retail aalee Food storee ................... . . . . . . . .. .. . + lOt •• + 1 -2 Poatal recelpta• . .... .... ......... .. .. ...... ... 62,719 + 41 3 $ 582,063 $ 562,753 3 + + Buildina permits, Jen federal contracts.... .....$ 165,960 -42 + 26 s 5,511,207 $ 6,191,973 -11 Bank debita (thcuaanda) ..... .. ... . ...........$ 74,449 + 9 + 8 $ 868,479 $ 805,695 + 8 End-of-month depoaita (thousanda)t....... ....S 93,058 + 8 + 2 $ 85,916# $ 83,633# 3 + Annual rate of deposit turnover. ..... 10.0 + 8 + 4 10.1# 9.7# + 4 Nonfarm placementa .. . . . . . . . . . . . . . . . . . . . . . . .. 455 -21 + 35 6,648 6,224 7 + WACO Standard Metropolitan Statistical Area (pop. 154,0791 ; McLennan2) Nonfarm employment (area) ..... ··· ··· ····· ·· 58,600 + + 8 52,433# 51,233# + 2 Manufacturlna employment (area) . .... . . . . 10,890 + + 5 10,773# 10,550# + 2 Percent unemployed (area) ... . ........ .. .. . ... 8.8 7 -81 4.7# 5.2# -10 McGREGOR (pop. 4,642) Bulldina permI ta, Jen federal contracts........ . $ 0 $ 218,551 $ 280,950 -22 Bank debits (thouaanda) .. . . . ............ . . . . .s 4,417 6 + 14 s 54,758 $ 45,195 + 21 End-of-month depoaita (thousanda) i . .. .. ..... s 6,746 + 8 + 14 $ 6,049# $ 5,727# + 6 Annual rate of deposit turnover. .. . ............ 8.2 7 + 4 9.1# 7.9# + 15 WACO (pop. 103,462) Retail aalee ............. .. .. . .... .... . . ..... Apparel storee .. . ..... .... . .. . .. ... ....... + 25t + 68t + 87 + 89 + 5 -2 + 5 + 6 Automotive storee ...................... .. General merchandloe storee..... . . .... . ... . Poatal reeeipta• .... . .... . .. . .... . ... ... ......$ -et + 69t 286,787 -9 + 68 + 80 -11 + 14 + 16 $ 2,637,955 $ 2,506,519 + 9 + 8 + 5 Bulldlna permlta, leea federal contracts.. ..... . . S 1,168,978 + 53 + 82 $ 15,346,880 s 15,603,566 2 Bank deblta (thouaanda) ............ . .........$ End-of-month depoelta (thousandaU. ... . .. ... .S Annual rate of depoelt turnOTer.. . . .. .. . ... .. . 149,677 85,181 21.1 + 20 •• + 21 + 8 + 3 + $ 1,596,363 $ 82,434# 19.4# $ $ 1,493,002 73,177# 20.5# + 7 + 13 5 Percent change Percent chanae City and item Dec 1964 Dec 1964 from Nov 1964 Dec 1964 from Dec 1968 Jan-Dec 1964 Jan-Dec 1968 Jan-Dec 1964 from Jan-Dec 1963 WAXAHACHIE: see DALLAS SMSA WEATHERFORD (pop. 9,759) Postal receipts• ··· ·· ····· Building permits, less federal contracts. End-of-month deposits (thousands) ; . .$ .. $ .$ 18,057 70,500 15,147 + + + 52 21 2 -+ *" 32 8 $ $ $ 157,649 1,226,881 14,821# $ $ $ 159,896 1,980,616 tS,760# --+ 1 88 4 WESLACO (pop. 15,649) Retail sales Food stores ....... .. ... + tot + 20 + 8 - 7 Postal receipts• Building permits, less federal contracts. Bank debits (thousands) . End-of-month deposits (thousands);. Annual rate of deposit turnover. . $ .$ . . $ .. $ t6,t37 46,700 8,942 8,017 t3.7 + -+ + + 29 52 28 4 20 --+ + + t2 6 t4 7 $ $ $ $ t42,728 t,858,668 t02,822 7,622# t3.5# $ $ $ $ t44,880 8,986,948 94,787 7,269# tS.0# --+ + + 1 66 8 6 ' WHITE SETTLEMENT: see FORT WORTH SMSA WICHITA FALLS Standard Metropolitan Statistical Area (pop. 134,0401; Archer and Wichita2) Nonfarm employment (area). 47,250 + t + 2 46,288# 45,629# + t Manufacturing employment (area). 4,t70 - t + 2 4,t58# 4,0t8# + ' Percent unemployed (area) . .......... 8.8 - 20 -30 4.0# 4.6# -18 IOWA PARK (pop. 5,000r) Building permits, less federal contracts. . ...$ t0,800 -28 -73 Bank debits (thousands) . ......$ 8,669 + t4 - 2 $ 46,832 $ 44,852 + 6 End-of-month deposits (thousands);. .$ 4,462 + 2 + 9 $ 4.284# $ 8,968# + 8 Annual rate of deposit turnover ... 10.0 + 12 -to 11.0# 11.2# 2 WICHITA FALLS (pop. 101,724) Retail sales ...... . .. . ........... ..... + 25t + 46 + t9 + Apparel stores ... .......... ... + 68t +103 - 1 1 Automotive stores .. - 6t + 41 + 28 + 8 Furniture and household appliance stores . + 3lt + 27 + 6 + ' Postal receipts• " $ 200,506 + 66 + 1 $ 1,571,244 $ 1,674,760 6 Building permits, less federal contracts. .$ 828,046 -21 -4t $ 12,767,591 $ 14,928,014 -14 Bank debits (thousands) . End-of-month deposits (thousands);. .$ .. $ 152,233 110,590 + 20 + 9 + 16•• $ 1,681,737 $ 101,875# $ t,484,748 $ 102,848# + 10 •• Annual rate of deposit turnover . . 17.2 + 15 + 15 16.0# 14.6# +to LOWER RIO GRANDE VALLEY (pop. 352,0861; Cameron, Willacy, and Hidalgo2) Retail sales ........ ... ... .. . . . .. . . . Apparel stores . . Automotive stores ........ . Drug stores Eating and drinking places. Florists ..... .. . .. .. . ..... .. . Food stores .......................... . Furniture and household appliance stores. Gasoline and service stations.......... . . . . General merchandise stores. Jewelry stores . . ... . Lumber, building material, and hardware stores. ... Postal receipts• . Building permits, less federal contracts.... Bank debits (thousands) ... End-of-month deposits (thousands>*. Annual rate of deposit turnover. . . . . . . . . . . .. + 25t + 86 + 2t + 68t + 86 + t8 -6t + 37 + 29 + 43t + 55 + tO + 4t + t8 •• + 80 + 18 + tot + 18 + t2 + 8tt + t8 + t9 + 5t + 24 + t2 + 69t + 63 + 8 +t29 + 24 -t2t + t7 + 22 + 51 + 2 + 4 + 89 + t8 + t8 + s + 4 17.a + 9 + + 7 + t6 8 + + 7 1 + 6 + 1 + 7 8 + 11 + 9 + 8 + + 6 + 6 + 8 17.7# 17.1# + 4 TEXAS BUSINESS REVIEW BAROMETERS OF TEXAS BUSINESS · b d h · ths for 195i-59 except where indi- All figures are for Texas unless otherwise indicated. All indexes are ase on t e a'erage mon · C . . · 1 · t e Texas Emplo)·ment omm1ss10n cated· all are ad1"usted for seasonal variation except annual indexes. Emp oyment esuma es ar . . .t '. · · ' · · s D f L bo The index of Texas lmsmess acun " data m cooperauon with the Bureau of Labor Statistics of the U. . epartment o a _r. . . .· . Re,·isecl is based on bank debits in 20 cities, adjusted for price level. An asterisk (•) indicates prehmmary data subject to re\lsion. data are marked (r) . Data marked (§) are dollar totals for the fiscal years to date. Year-to-date average Dec Nov Dec 1964 1964 1963 1964 1963 GENERAL BUSINESS ACTIVITY Texas business activity, index . .... Miscellaneous freight carloadings in SW District, index . Wholesale prices in U. S., unadjusted index .. . Consumers' prices in Houston, unadjusted index .............. .... . . Consumers' prices in U. S., unadjusted index . 153.0· 71.6 100.7• 108.8 148.9r 79.6 100.7 107.3 108.7 137.8r 71.9 100.3 107.6 148.3 i6.7 100.5 107.2 108.l 136.0 76.8 l 00.3 105.6 106.7 Income payments to individuals in U. S. (billions, at seasonally ad­justed annual rate) . Business failures (number) .. Business failures (liabilities, thousands) .. . . . . . . . . .. . . . . Newspaper linage, index . Ordinary life insurance sales, index ... . . $ 505.7• 61 s 7,179 114.4 166.1 S s 502.3r 42 9,597 115.0 171.6 S s 4i7.lr 49 3,878 107.3 149.3 s 491.5 58 s 6,127 109.9 156.0 s 463.7 51 s 4,377 105.6 137.5 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 . 128.3• 155.5• 114.2• 60.7• 31.5• 120.4• 129.2• 115.9• 65.6• 36.5• 115.7r 133.0r 106.7r 61.lr 31.0r 67.6 33.1 68.4 32.4 PRODUCTION Total electric power use, index .... Industrial electric power use, index . Crude oil production, index . Average daily production per oil well Crude oil runs to stills, index . (bbl.) . . . . . . . . . . . ....... . .. . . 170.5• 158.o• 96.5• 13.4 114.7 167.9• 161.0• 965• 13.1 110.5 15J.9• 138.8 93.4r 13.l 112.0 166.6 151.5 95.8 13.l 114.5 149.9 135:-0 94.5 12.8 111.2 Industrial production in U. S., index . . .... . . .. . . . 137.0• 134.8r 127.0r 131.9 124.l Texas industrial production-total, index . . . . .... . . .. .... . . . . 129• 128r 121r 127 120 Texas industrial production-manufactures, index .... .. . ..... . 148• 145r 138r 144 134 Te.xas industrial production-durable manufactures, index . . .. . 145• 140• l3lr 138 126 Texas industrial production-nondurable manufactures, index . 150• 149r 143r 148 139 Texas industrial production-mining, index ....... ........... . 104• 105r 99r 104 101 Building construction authorized, index . ........... . . ... . . .. ... . . .. . 121.7 159_8 112.5 133.4 125.0 New residential building authorized, index ... . .. . .. . . . . .. . 104.4 124.6 110.0 118.6 122.0 New nonresidential building authorized, index . . . . ...... .... . 131.l 226.8 107.8 156.4 126.0 AGRICULTURE Prices received by farmers, unadjusted index, 1910-14=100 .. . 237 238 255 245 260 Pric_es paid by farmers in U. S., unadjusted index, 1910-14=100 .... . . 313 313 311 313 312 Rauo of Texas farm prices received to U. S. prices paid by farmers . 76 76 82 78 84 FINANCE Bank debits, index . 154.1 149.9 138.2 149.l 136.4 Bank debits, U. S., index . . ......... . 175.4 169.5 160.4r 165.0 150.9 Reporting member banks, Dallas Federal Reserve District: Loans (millions) . . . . . . .. ... . Loans and investments (millions) ............... .. . . Adjusted demand deposits (millions) . . . .... . ...... . . . . Reve~~e rece~pts ~f the State Comptroller (thousands) . . Secunues registrations: Original applications: s 4,356 $ 6,459 s 2,948 $123,626 s 4,284 s 6,401 s 2,851 $153,299 s 4,178 s 6,337 s 2,938 Sll2,718 s 4,179 s 6,266 s 2,846 SI42,823 s 3,701 s 5,850 s 2,866 5133,823 Mutual investment companies All other corporate securities: (thousands) ... $ 9,925 $ 9,515 s 2,650 s 27,768§ s 9,565§ Texas companies Other companies (thousands) .. (thousands) ..... . . . $ 4,lll s 4,525 s 2,419 s 7,773 s 4,014 s 2,849 s 37,788§ s 19,150§ s 14,639§ s 14,131§ LABOR Manufacturing employment in Texas, index ........ . 110.8• 110.1 • 107.9 109.2 106.2 Total nonagricultural employment in Texas, index ... ...... .. .. . . . . 112.3• 112.4• 109.0r 111 .3 108.6 Average weekly hours-manufacturing, index ... ........ ... . . . ...... . 101.1 • 100.3• 99.7r 101.3 100.6 Average weekly earnings-manufacturing, index . . . . ... . ... ... . 119.7• 117.4• 114.2r 117.4 112.9 Total nonagricultural employment (thousands) .. . ..... .. .... . . . . . . Total manufacturing employment (thousands) ......... . . . .. . 2,828.I • 534.4• 2,792.5r 533.l r 2,745.lr 520.2r 2,754.5 528.8 2,687.5 514.6 Durable-goods employment (thousands) . 265.I • 264.0r 252.8r 261.3 249.8 Nondurable-goods employment (thousands) ..... . . .. . 269.3• 269.lr 267.4r 267.5 264.8 Total nonagricultural labor force in selected labor market areas (thousands) . . ....... . Employment in selected labor market areas (thousands) Manufacturing employment in selected labor market areas 2,544.2 2,404.2 2,543.6 2,380.J 2,485.0 2.326.1 2,503.0 2,346.9 2,445.9 2.272.5 (thousands) ... . ... . . . . . .. . . .... ... . . .. .. .. .. . . . . .. . . Total unemployment in selected labor market areas (thousands) . Percent of labor force unemployed in selected labor market 432.4 89.8 430.6 99.8 412.3 104.l 426.3 100.0 406.8 111.8 areas .. . ..... .. . . ...... ...... .. . . . ............... ... . 3.5 3.9 4.2 4.0 4.6 [;] > "3 t:d "3 c ~ d Ul l'l ~ "3 c ~ _z trl z z ..... > :<> [:;j d l'l ~ :<> I:> Ul 0 >:ij c ~ l'l Ul ::J Ul "3 -'1 ><: t:d 00 l'l 0 -'1 d 0 "J ...... rn. N> ..... ~ z ~ trl Ul rn. rn. ~ trl rn. trl > ~ Cl P:1 .,, l'l 0 Ul z "3 >'3 l'l "l 0 :<> "l l'l ~ 0 > > "3 Ul >'3 Ul l'l ~ C":l l'l0 z > 'i' c C":l Ul ~ >'3 ..... en z Ul ~ "3> l'l ~ :>< > :<> Ul NEW PUBLICATION CONSTRUCTION AUTHORIZED IN TEXAS CITIES 1950-1960 Construction is one of the basic industries of any region. Failure of construction to keep pace with the need for housing, commer­cial buildings, and manufacturing plants hampers economic growth. Construction data are consequently useful in diagnosing the economic problems of a given town and area. They are especially useful in the case of smaller localities, where fre­quently few series of economic data are available. In these volumes, data are included for nonresidential and resi­dential permits, as well as for additions, alterations, and re­pairs. In the residential category, data are given for the value of permits in dollars, the number of buildings, and the number of dwelling units. This information should throw considerable light on local building activity. . . . 2 vols.; $5.00 the set order your copies from BUREAU OF BUSINESS RESEARCH (Texas residents add 2% sales tax)