Table 7.--VALUE OF MANUFACTURERS' INVENTORIES FOR INDUSTRY GROUPS AND SELECTED INDUSTRIES, END OF YEAR: 1951, 1950, AND 1947--Continued

ANNUAL SURVEY OF MANUFACTURES: 1951

Table 7.--VALUE OF MANUFACTURERS' INVENTORIES FOR INDUSTRY GROUPS AND SELECTED INDUSTRIES, END OF YEAR: 1951, 1950, AND 1947--Continued

Table 7.--VALUE OF MANUFACTURERS' INVENTORIES FOR INDUSTRY GROUPS AND SELECTED INDUSTRIES, END OF YEAR: 1951, 1950, AND 1947--Continued

ANNUAL SURVEY OF MANUFACTURES: 1951

Table 7.--VALUE OF MANUFACTURERS' INVENTORIES FOR INDUSTRY GROUPS AND SELECTED INDUSTRIES, END OF YEAR: 1951, 1950, AND 1947--Continued

End of year-1951

19501

19472

standard

error of Materials, Materials,

estimates Code Industry and industry group

Finished
Total
supplies,
Finished

(percent) supplies,

Total
products and work
products and work

Materials,

for in process

in process

Total
Finished

columns 3

supplies, products and work

in process ABC A B

F

and and and

DEF 38 Instruments and related

products--Continued 3861 Photographic equipment 6. 138,090 25,305 112,785 102,036 20,788 81,248 98,503 20,170 78,333 3

3 387 Watches and clocks..

96,903 20,829 76,074 68,633 11,946 56,687 70,009 13,611 56,398 7 15 3871 Watches and clocks.

82,519

(s)
(8) 55,586 (s)

(s) 58,541 12,275 46,266 8 3872 Watchcases...

14,384 (s) (s) 13,047 (s) (s) 11,468 1,336 10,132 15 39 Miscellaneous manufactures 1,126,692 337,451 789,241 797,812 233,857 563,955 630,903 180,879 450,024 6 15 391 Jewelry and silverware...

122,971 54,709 68,262 114,303 47,233 67,070 103,136 39,339 63,797 15 7 Silverwear and plated ware... 3914 55,447 24,561 30,886 48,125 17,614 30,511 34,628 11,617 23,011

5 4 395 office supplies....

65,451 17,523 47,928

51,305 12,264 39,041 62,209 15,011 47,198 8 5 9 3951 Pens and mechanical pencils.. 25,872 7,290 18,582 19,585 4,440 15,145 31,491 6,300 25,191 10 8 15 3952 Lead pencils and crayons. 16,576 (s) (s) 13,337

(s) (s) 13,301 3,576 9,725 15 3955 Carbon paper and inked ribbons...

10,943 3,051 7,892 8,214 2,522 5,692 11,609 2,761 8,848 9 8 396 Costume Jewelry and notions... 66,063 25,163 40,900 53,471 18,869 34,602 56,784 19,550 37,234 6 8 7 3961 Costume jewelry....

15,330 (s) (s) 13,053 (s) (s) 17,427 5,090 12,337 15 3964 Needles, pins, and fasteners. 37,078

14,152 22,926 28,003 9,153 18,850 26,981 9,169 17,812 4. 3 6 3971 Plastic products, n.e.c..... 134,733 33,357 101,376 100,501 25,149 75,352 68,318 16,096 52,222 7 7 8 398) 399)

Miscellaneous manufactures... 493,313 100,604 392,709 301,323 73,003 228,320 220,440 60,260 160,180 4. 9 4 3982 Cork products.......

6,917
2,646 4,271 5,792

2,793
2,999 5,160 2,216

2,944 1 3983 Matches.....

18,327 (s)

11,709

(s) 11,398 4,018 7,380 15 3986 Jewelry and instrument cases, 9,043

(s) 8,513

(s) 3,395 994

2,401 15 withheld because the estimate did not meet publication standards, either on the basis of the associated standard error of estimate or on the basis of consistency review,

The estimates for the end of year 1950 are the tabulated "Beginning of Year" inventory figures reported in the 1951 Annual Survey. The survey sample design was revised for the 1951 Annual Survey; therefore, the data collected in the 1951 survey have been substituted for the published year-end 1950 estimates as shown in the volume "Annual Survey of Manufactures: 1949 and 1950."

2 In the 1947 Census of Manufactures, smaller establishments submitting "short" form reports were not requested to include inventory data. The understatement of value of inventories resulting from this is negligible. For a measure of the degree of understatement see Chapter V of Volume I, "General Summary," Census of Manufactures, 1947.

3The percentage standard errors shown in this column indicate the differences that can be expected between the estimates and comparable complete canvass totals, because of sampling fluctuations. The estimates will differ from the complete totals by less than:

(1) The percentage shown: approximately 2 times out of 3.
(ii) Twice the percentage shown: approximately 19 times out of 20.

(iii) Three times the percentage shown: almost always.
"Includes data for Shingle Mills (Industry 2423).
5Includes data for Building-Paper and Building-Board Mills (Industry 2613).

6The 1951 and 1950 data for Industries 3811 (Scientific Instruments), 3821 (Mechanical Measuring Instruments), 3831 (Optical Instruments) and 3861 (Photographic Equipment) are not strictly comparable with data shown for 1947. This is due to an error made in 1947 in the industry classification assigned to several establishments. The effect of this change is small for industries 3811, 3821, and 3861, but for industry 3831 it would represent an addition of approximately 50 percent to the total inventories estimate for 1947.

?Includes privately owned and/or operated establishments classified in Industry Group 19, "Ordnance and accessories." Government owned and operated establishments are excluded from the annual survey.

CHAPTER V: EXPENDITURES FOR PLANT AND EQUIPMENT

Table 1.- MANUFACTURERS' EXPENDITURES FOR NEW PLANT AND NEW EQUIPMENT, BY MAJOR INDUSTRY GROUPS: 1951 (DOLLAR FIGURES IN THOUSANDS. Estimates for "Establishments Under Construction" (Columns G, H, and I) cover expenditures during 1951 for manufacturing establishments, or renovation of idle establishments that were not in operation at any time in that year. Data for establishments under construction were obtained for the first time in the 1951 survey; statistics published in prior surveys and censuses do not include such expenditures.)

new

ALL INDUSTRIES, TOTAL.....

2

7,781,7312,593,220 5,188,511 7,205,059 2,267,124 4,937,935 2576,672 2326,096 2250,576 1
722,872 254,449 468,423 687,269

231,892
455,377 235,6031 222,557

213,046 510

The percentage standard errors shown in this column indicate the differences that can be expected between the estimates and comparable complete canvass totals, because of sampling fluctuations, The estimates will differ from the complete totals by less than:

(1) The percentage shown: approximately 2 times out of 3.
(ii) Twice the percentage shown: approximately 19 times out of 20.

(iii) Three times the percentage shown: almost always. 2 The estimates presented in columns G, H, and I include (1) the total expenditures reported by the "largest" companies (i.e., approximately 500 companies that are largest in terms of 1947 employment); (2) expenditures by other companies in the Annual Survey sample which appeared on available lists of companies which had new plants under construction; and (3) an estimate of expenditures by all other companies as determined from a subsample of respondents in the annual survey. The latter subsample yielded estimates of zero, except in four (4) major industry groups groups 20, 28, 32, and 36. These subsample estimates are included in the published figures shown for these groups, as well as in the "all industries" total. The sampling variation for the published totals that include the subsample estimates is as follows:

3 Includes privately owned and/or operated establishments classified in Industry Group 19, "Ordnance and accessories". Government owned and operated establishments are excluded from the Annual Survey.