No. 711. MERGERS AND ACQUISITIONS-MANUFACTURING AND MINING CONCERNS ACQUIRED, BY SIZE OF ASSETS OF ACQUIRING CONCERN: 1948 TO 1966 ASSETS OF Number Per- Number Per- Number Per- Number Peracquired cent acquired cent acquired cent acquired cent Source: Federal Trade Commission; Report on Corporate Mergers and Acquisitions, 1955, and news releases. No. 712. BANKRUPTCY CASES FILED AND PENDING: 1905 TO 1966 [For years ending June 30. Covers all U.S. District Courts. A bankruptcy case is a proceeding filed in a U.S. District Court under the National Bankruptcy Act. "Filed" means the commencement of a proceeding through the presentation of a petition to the clerk of the court; "Pending" is a proceeding in which the administration has not been completed] Source: Administrative Office of the United States Courts; Tables of Bankruptcy Statistics, 1940 to date; earlier years, annual reports of the Attorney General of the United States. No. 713. BANKRUPTCY CASES FILED, BY TYPE OF BANKRUPTCY AND OCCUPATION OF DEBTOR: 1940 To 1966 [For years ending June 30. Covers all U.S. District Courts. The majority of cases filed are voluntary straight bankruptcy petitions filed by employees and individuals not engaged in business] Represents zero. 1 Includes petitions filed under Chapter X (Corporate Reorganization) of the National Bankruptcy Act. * Includes petitions filed under Chapter XI (Arrangements) and Chapter XII (Real Estate Arrangements) of the National Bankruptcy Act. 3 Includes petitions filed under Chapter XIII (Wage Earners' Plans) of the National Bankruptcy Act. • Beginning 1962, excludes straight and corporate involuntary. Source: Administrative Office of the United States Courts; Tables of Bankruptcy Statistics. No. 714. INDUSTRIAL AND COMMERCIAL FAILURES-NUMBER AND LIABILITIES: 1921 To 1966 [Excludes Alaska and Hawaii. Excludes all railroad failures. Beginning 1933, excludes real estate and financial companies. Beginning 1939, includes voluntary discontinuances with loss to creditors and small concerns forced out of business with insufficient assets to cover all claims. See also Historical Statistics, Colonial Times to 1957, series V 1-3] 1 Annual data represent number of names listed in July issue of Dun & Bradstreet Reference Book; monthly data are listings in edition published in specified month. See table 716 for class of industries covered. Includes concerns discontinuing following assignment, voluntary or involuntary petition in bankruptcy, attachment, execution, foreclosure, etc.; voluntary withdrawals from business with known loss to creditors; also enterprises involved in court action, such as receivership, and, since June 1934, reorganization or arrangement which may or may not lead to discontinuance; and businesses making voluntary compromise with creditors out of court. Liabilities exclude long-term publicly held obligations; offsetting assets are not taken into account. Monthly data represent annual rate at which business concerns would fail if number of concerns and failures listed in that month prevailed for entire year. Adjustments have been made for seasonal fluctuations. Source: Dun & Bradstreet, Inc., New York, N.Y.; The Failure Record Through 1965, and unpublished data. No. 715. INDUSTRIAL AND COMMERCIAL FAILURES-PERCENT DISTRIBUTION, BY MAJOR INDUSTRY GROUP AND YEARS IN BUSINESS: 1956 To 1966 Number of failures. 14, 513 13, 061 Total 2,461 1,852 1,434 1,255 7,003 6,076 2,353 2, 510 1,263 100,0 100,0 100.0 100,0 100,0 100,0 100,0 100,0 100,0 1,368 100.0 100.0 100.0 Source: Dun & Bradstreet, Inc., New York, N.Y.; The Failure Record Through 1965, and unpublished data. No. 716. INDUSTRIAL AND COMMERCIAL FAILURES-NUMBER AND LIABILITIES, BY INDUSTRY AND SIZE OF LIABILITY: 1955 TO 1966 [Liabilities in thousands of dollars. Excludes Alaska and Hawail. See footnotes 2 and 3, table 714] Source: Dun & Bradstreet, Inc., New York, N.Y.; The Failure Record Through 1965, and unpublished data. 247 079 O-67-33 No. 717. INDUSTRIAL AND COMMERCIAL FAILURES-NUMBER AND LIABILITIES, BY STATES: 1960 to 1966 1 Represents number of names listed in July issue of Dun & Bradstreet Reference Book. See table 716 for class of industries covered. 2 See footnotes 2 and 3, table 714. Excludes Alaska and Hawaii. Source: Dun & Bradstreet, Inc., New York, N.Y.; The Failure Record Through 1965, and unpublished data. Section 18 Communications This section presents statistics on usage, finances, and operations of the various communications media: Postal service, telephone, telegraph, radio, television, newspapers, and books. Data on the postal service are included in the Annual Report of the Postmaster General. Statistics on revenues, volume of mail, and distribution of expenditures by classes of mail and services are presented in the Post Office Department's annual Cost Ascertainment Report. Principal sources of wire, radio, and television data are the Federal Communications Commission's Annual Report, its annual Statistics of Communications Common Carriers, and its annual releases of financial data reported by radio and television stations and networks. Statistics on number and circulation of newspapers and periodicals and on sales of books and pamphlets are issued by the Bureau of the Census in reports of the Census of Manufactures. Annual data on number and circulation of daily and Sunday newspapers appear in Editor and Publisher's International Yearbook Number. Monthly data on new books and new editions of books are presented by R. R. Bowker Company in Publishers' Weekly. Postal Service.-"Cost ascertainment" is the term used by the Post Office Department to describe its system for developing data on revenues, expenses, volume, and average hauls fairly attributable to each class of mail handled by the Postal Service (first, second, third, fourth, foreign, penalty, franked, free for the blind, and air mail) and similar data for each of its special services (special delivery, money order, insurance, collect-on-delivery, registry, certified, and postal savings). Telephone and telegraph systems.-Statistical coverage of wire and radio communications has been concentrated in the Federal Communications Commission since its establishment in 1934. According to the Communications Act of 1934, as amended, the Commission has full jurisdiction only over carriers engaged in interstate or foreign communications service by means of their own facilities or those of another carrier under direct or indirect common control. The Commission requires all except the smallest of these carriers to file annual and monthly reports and requires the companies controlling any but the smallest to file annual reports. Full jurisdiction applies to practically all domestic and overseas telegraph carriers and to the Communications Satellite Corporation but not to a large number of telephone carriers which are engaged in interstate or foreign service only by connection with the facilities of another unaffiliated carrier. However, the gross operating revenues of the telephone carriers reporting annually to the Commission are estimated to cover over 90 percent of the revenues of all telephone carriers in the United States. Broadcasting. The number of broadcast stations authorized refers to the number licensed or holding construction permits. Total broadcast revenues are defined as total time sales of all networks and stations, less commissions to agencies and plus incidental revenues, such as sale of talent, program material, etc. Reports filed with the Federal Communications Commission by broadcast stations and networks cover substantially all units operating in the United States and its outlying areas. Historical statistics.-Tabular headnotes provide cross-references, where applicable, to Historical Statistics of the United States, Colonial Times to 1957. See preface. |