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■TATISTICAL  SUMMARY 

BANK  OF  CANADA 


Tables  Charts  Pages 

I     Bank  of  Canada  : 

Liabilities  and  Assets 1-2 

General  Public  Holdings  of  Certain  Liquid  Assets 1 

Factors  Affecting  General  Public  Holdings  of  Certain  Liquid  Assets     .  2 

II     Chartered  Banks 

Liabilities  and  Assets 3-4 

III  General  Public  Holdings  of  Liquid  Assets 3-4 

IV  Chartered  Banks: 

Estimated  Quarterly  Classification  of  Loans  in  Canada 5-6 

V    Government  Bond  Yields  and  Treasury  Bill  Rates 7 

VI     Canadian  Gold  Statistics 7 

VII     Foreign  Exchange  Rates 8 

United  States  Dollar  in  Canadian  Funds 8 

VIII     Bond  Issues  and  Retirements 9-10 

IX     Bonds  Outstanding 10 

X    Business  Activity 11 

Production  of  Certain  Minerals 11 

XI     Mineral  Production 12 

XII     Wholesale  Prices 13 

Export,  Import  and  General  Wholesale  Price  Indexes      .        .        .        .  13 

XIII  Cost  of  Living 14 

Cost  of  Living 14 

XIV  Wheat  :  World  Supplies 15 

Wheat :  Four  Chief  Exporters :  Supplies  and  Exports      .        .        .        .  15 

XV    Merchandise  Trade:  Exports  and  Imports  by  Countries         ....  16 

XVI     Merchandise  Exports:  Commodity  Classification  by  Volume        ...  17 

XVII     Merchandise  Imports:  Commodity  Classification  by  Volume         ...  18 


TABLES  AND  CHARTS  MAY   BE   REPRODUCED   OR   REFERRED  TO   PROVIDED  THAT  THE   BANK   OF 
CANADA   STATISTICAL   SUMMARY,    WITH   ITS   DATE,    IS   SPECIFICALLY   QUOTED  AS  THE     SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:    25c    per   copy,    post   free.       For   particulars   apply    to    the    Research    Department,    Bank   of  Canada,  Ottawa. 


JANUARY  1952 


1 

JANUARY  1952 

JANUARY  1952 

2 

I— BANK 

OF  CANADA 

Millions  of  Dollars 

LIABILITIES 

ASSETS 

Chartered  Bank  Cash 

Govt,  of 
Canada 
Deposits 

Other 
Deposits 

Foreign 
Currency 
Deposits"' 

Active 

B.  of  C. 

Note 

Circulation 

All 

Other 

Accounts 

Total 

Liabilities 

or 

Assets 

Gold 

Silver 

Foreign'1' 
Exchange 

Securities 

Advances 

All 

Other 

Accounts 

Notes 
in  Tills 

Deposits 

at 
B.of  C. 

Total 

Govt,  of  Canada 
and  Provincial 

Ind.  Dev. 

Bank 
Cap.  Stock 

Other 
Securities 

Total 

Under  2  yrs.  I  Over  2  yrs. 

As  at  Dec.  31 
1935 

1937 
1939 

40  6 

181.6 

222.2 

17.9 

.8 

59.1 

7.7 

307.7 

180.5 

1.6 

4.2 

30.9 

83.4 

_ 

114.3 

3.5 

3.5 

As  at  Dec.  31 
1935 

196  0 

249.9 

11.1 

3.5 

- 

111.4 

14.4 

390.3 

179.8 

3.0 

14.9 

82.3 

91.6 

- 

12.2 

186.1 

_ 

6.5 

1937 

70.6 

217.0 

287.6 

46.3 

17.9 

- 

162.2 

13.3 

527.2 

225.7 
* 

64.3 
* 

181.9 
• 

49.9 

- 

- 

231.8 

- 

5.5 

1939 

176  9 

565.5 

742.3 

60.5 

93.8 

1.0 

1,009.3 

41  7 

1,948.6 

- 

- 

1.0 

1,197.4 

708.2 

15.0 

_ 

1,920.6 

_ 

27.1 

1946 

1947 

183.9 

536.2 

720.1 

68  8 

67.5 

2.0 

1,027.5 

40.4 

1,926.2 

- 

_ 

2.0 

1,022.0 

858.5 

25.0 

- 

1,905.6 

- 

18.7 

1947 

1948 

190.8 

547.3 

738.1 

98.1 

81.0 

.4 

1,098.3 

42.7 

2,058.6 

',         - 

- 

.5 

1,233.7 

779.1 

25.0 

- 

2,037.7 

- 

20.4 

1948 

2U.8 
231.3 

541.7 

753.5 

30.7 

126.9 

79.6 

1,095.6 

39.5 

2,125.9 

- 

- 

74.2 

1,781.4 

227.8 

25.0 

5.5 

2,039.7 

- 

12.0 

1949 

1950 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

- 

- 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

- 

24.0 

1950 

1951 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

_ 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

1951 

End  of 

1950— Sept. 

Oct. 

179.3 

555.8 

735.1 

22.0 

258.2 

89.6 

1,139.1 

38.6 

2,282.6 

- 

- 

212.3 

1,406.1 

444.6 

25.0 

170.0 

2,045.6 

_ 

24.7 

End  of 
Sept.— 1950 

211.8 

621.7 

833.5 

39.0 

235.2 

143.3 

1,110.0 

48.3 

2,409.4 

- 

~ 

152.5 

1,381.4 

435.7 

25.0 

360.7 

2,202.9 

- 

54.0 

Oct. 

204.1 

578.8 

782.9 

45.3 

221.0 

149.7 

1,119.4 

56.3 

2,374.6 

- 

- 

127.4 

1,170.0 

662.0 

25.0 

328.1 

2,185.1 

- 

62.1 

Nov. 

Dec 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

~ 

' 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

- 

24.0 

Dec. 

1951  -Jan. 
Feb. 

219.6 

537.6 

757.3 

68.3 

204.4 

136.0 

1,074.8 

53.3 

2,294.1    . 

- 

- 

118.1 

1,171.0 

731.5 

25.0 

200.3 

2,127.7 

_ 

48.2 

Jan.  — 1951 

202.8 

550.5 

753.3 

69.5 

204.6 

128.9 

1,092.6 

39.8 

2,288.7 

- 

- 

117.5 

1,165.4 

757.0 

25.0 

168.7 

2,116.1 

- 

55.1 

Feb. 

185.1 

552.9 

738.0 

70.5 

206.7 

88.5 

1,134.4 

28.7 

2,266.8 

- 

- 

80.2 

1,341.9 

673.7 

25.0 

114.4 

2,155.1 

- 

31.6 

Mar. 

Apr. 

203.1 

556.1 

759.2 

56.9 

215.1 

137.7 

1,119.9 

58.9 

2,347.7 

- 

- 

129.0 

1,327.6 

722.5 

25.0 

70.6 

2,145.7 

- 

73.0 

Apr. 

May 

214.8 

530.1 

744.8 

76.2 

221.5 

129.9 

1,122.7 

38.8 

2,334.1 

- 

- 

125.4 

1,313.7 

777.3 

25.0 

45.3 

2,161.3 

- 

47.4 

May 

June 
July 

177.1 

590.7 

767.8 

75.3 

220.1 

132.8 

1,174.2 

32.2 

2,402.4 

- 

- 

117.0 

1,335.2 

846.3 

25.0 

58.8 

2,265.4 

- 

20.1 

June 

226.0 

558.2 

784.2 

91.1 

212.6 

146.7 

1,1.44.5 
1,181.0 

56.2 

2,435.3 

- 

- 

117.0 

1,327.4 

872.5 

25.0 

51.4 

2,276.3 

- 

41.9 

July 

Aug. 

189.7 

580.'4 

770.1 

115.0 

185.7 

143.0 

62.8 

2,457.6 

- 

— 

100.1 

1,349.6 

888.1 

25.0 

44.1 

2,306.9 

- 

50.6 

Aug. 

Sept. 

195.2     . 

579.4 

774.6 

105.6 

140.0 

116.3 

1,192.8 

38.5 

2,367.8 

- 

- 

87.1 

1,297.6 

896.1 

25.0 

31.2 

2,249.9 

- 

30.8 

Sept. 

Oct. 

232.2 

588.3 

820.6 

210.3 

83.3 

102.1 

1,174.3 

62.9 

2,453.4 

- 

- 

96.6 

1,317.5 

956.4 

25.0 

8.2 

2,307.1 

- 

49.7 

Oct. 

Nov. 

195.1 

633.8 

828.9 

66.0 

92.5 

135.1 

■1,212.1 

54.4 

2,388.9 

- 

- 

128.9 

1,137.8 

1,043.1 

25.0 

18.8 

2,224.6 

- 

35.4 

Nov. 

Dec. 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

Dec. 

(1)   Includes  foreign  exchange  items  for  account  of  foreign  clients  and  als 

)  Government  o 

f  Canada  and  F.E.C.B.'commencing  March31,  1949.     ^May  1940  and  subseque 

nt  figures  give  effect  to  the  enactment,  under  the  War  Measures  Act,  of  the  Foreign  Exchange  Acquisition  Order  and  the  Exchange  Fund  Order.     Under  these  orders  the  Bank's 

gold  and  foreign  exchange 

holdings,  over  a 

nd  above  its  8h 

irt-term  require 

ments  and  nece 

ssary  working  h 

alances,  were  sold  to  the  Foreign  Exchange  Control  Board. 

Since  that  date  the  Bank's  minimum  gold 

reserve  requirement  has  been  suspended. 

GENERAL   PUBLIC    HOLDINGS   OF   CERTAIN    LIQUID   ASSETS* 


MILLIONS  OF  DOLLARS 


MONTH-END  FIGURES 


MILLIONS  Or  DOLLARS 


5000 


4800 


4600 


4400 


4000 


3800 


DJFMAMJJASOND 
See  table  and  footnote  on  pages  3  and  4. 


FACTORS  AFFECTING  GENERAL  PUBLIC  HOLDINGS  OF  CERTAIN  LIQUID  ASSETS* 

MILLIONS   OF  DOLLARS  MONTH- END   FIGURES  MILLIONS  Or  OOLLARS 


10300 


10100 


9900 


9700 


9500 


9300 


4300 


4100 


3900 


3700 


3500 


3300 


DJFMAMJ         JASONO 


GOVT  OF  CANADA  NET  DEBT  &  BANK  OF  CANADA 
NET  GOLD  &  EXCHANGE  HOLDINGS 


15300 


15100 


14900 


14700 


14500 


4300 


i 


DJFMAMJJASOND  DJFMAMJJASONO 

1  See  table  and  footnotes  on  page  4. 


JANUARY  1952 


JANUARY  1952 


II— charteJ  red  banks 


Millions  of  Dollars 

Bank  oj 

Canada 

LIABILITIES 

ASSETS 

Notes 

Deposits 

Cash 
in    (3) 
Canada 

Securities 

Loans 

Total 

Assets 

Demand 

Notice 

Govt,  of 

Canada 

and  Prov. 

Canadian 
Deposits 

Foreign 

Total 
Deposits 

(2) 

Govt,  of 
Canada 

Prov- 
incial 

Foreign 
Govt. 

Other 

Total 

CANADA 

ABROAD 

Call 

Current 

Public 

Current 
Other 

Call 

Current 

As  at  Dec.  31 

1929 

175 

729 

1,434 

92 

2,270 

442 

2,820 

228 

297 

151 

448 

262 

1,403 

122 

245 

251 

3,521 

1932 

127 

466 

1,378 

72 

1,928 

329 

2,306 

211 

562 

216 

778 

103 

964 

140 

91 

152 

2,852 

1937 

102 

699 

1,583 

53 

2,387 

409 

2,819 

250 

1,111 

59 

242 

1,411 

76 

749 

113 

60 

166 

3,281 

1949 

14 

2,426 

4,433 

367 

7,348 

730 

8,177 

753 

3,112 

445 

242 

545 

4,345 

133 

2,174 

97 

70 

211 

8,718 

1950 

_(«) 

2,770 

4,558 

500 

7,997 

735 

8,867 

810 

3,079 

416 

193 

599 

4,286 

134 

2,651 

125 

100 

247 

9,496 

1951 

- 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

End  of 
1950— Oct. 

_ 

2,822 

4,559 

358 

7,887 

706 

8,724 

834 

3,173 

404 

201 

571 

4,349 

115 

2,449 

116 

117 

230 

9,323 

Nov. 

- 

2,824 

4,543 

452 

7,995 

716 

8,845 

783 

3,081 

416 

205 

579 

4,280 

164 

2,611 

126 

96 

234 

9,450 

Dec. 

- 

2,770 

4,558 

500 

7,997 

735 

8,867 

810 

3,079 

416 

193 

599 

4,286 

134 

2,651 

125 

100 

247 

9,496 

1951— Jan. 

- 

2,638 

4,577 

533 

7,884 

724 

8,739 

757 

3,054 

401 

188 

605 

4,248 

118 

2,671 

124 

113 

252 

9,379 

Feb. 

- 

2,612 

4,618 

445 

7,841 

734 

8,702 

753 

2,887 

398 

190 

618 

4,093 

109 

2,736 

136 

114 

256 

9,354 

Mar. 

- 

2,487 

4,614 

523 

7,753 

719 

8,625 

738 

2,801 

373 

210 

601 

3,986 

94 

2,856 

152 

96 

252 

9,284 

Apr. 

- 

2,725 

4,598 

360 

7,856 

749 

8,742 

759 

2,742 

368 

208 

607 

3,924 

87 

2,886 

161 

97 

271 

9,403 

May 

- 

2,692 

4,589 

405 

7,829 

747 

8,718 

745 

2,720 

370 

190 

606 

3,886 

92 

2,896 

170 

99 

281 

9,370 

June 

- 

2,578 

4,559 

455 

7,697 

763 

8,618 

768 

2,681 

366 

192 

598 

3,838 

82 

2,898 

164 

110 

281 

9,256 

July 

- 

2,675 

4,580 

403 

7,809 

753 

8,705 

784 

2,696 

356 

195 

594 

3,840 

84 

2,890 

153 

112 

285 

9,323 

Aug. 

- 

2,675 

4,583 

409 

7,799 

808 

8,775 

770 

2,679 

355 

210 

588 

3,832 

90 

2,912 

161 

119 

262 

9,378 

Sept. 

- 

2,651 

4,595 

391 

7,724 

769 

8,674 

775 

2,734 

353 

208 

581 

3,876 

107 

2,901 

144 

131 

273 

9,276 

Oct. 

- 

2,907 

4,575 

270 

7,913 

784 

8,833 

821 

2,726 

342 

226 

582    • 

3,876 

111 

2,893 

141 

82 

290 

9,440 

Nov. 

- 

2,936 

4,616 

276 

8,015 

784 

8,927 

829 

2,744 

357 

214 

578 

3,894 

96 

2,975 

149 

90 

285 

9,544 

Dec. 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

\ 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

Millions  of  Dollars 

DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cash  to 

Active 

Deposits 

Canadian 

Note  (si 

(«> 

Deposits 

Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

812 

7,786 

10.4 

1,107 

Oct.— 1950 

779 

7,881 

9.9 

1,111 

Nov. 

792 

7,847 

10.1 

1,131 

Dec. 

802 

7,890 

10.2 

1,079 

Jan.— 1951 

728 

7,766 

9.4 

1,083 

Feb. 

748 

7,655 

9.8 

1,103 

Mar. 

770 

7,734 

10.0 

1,106 

Apr. 

756 

7,731 

9.8 

1,110 

May 

768 

7,702 

10.0 

1,125 

June 

807 

7,761 

10.4 

1,139 

July 

795 

7,686 

10.3 

1,141 

Aug. 

805 

7,680 

10.5 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

(1)    Estimated  month-end  deposits  payable  in  Canadian  currency.         (2)   Includes  inter-bank  deposits.  (3)   Until  March  1935:  Gold  and 

end  Canadian  df-posits  in  1926-35  and  monthly  average  deposits  in  1936  and  after.  (5)    Bank  of  Canada  notes  in  public  circulation  and  until 

January  1950:  liability  for  outstanding  notes  issued  for  circulation  in  Canada  transferred  to  Bank  of  Canada  during  January  1950. 


Coin  in  Canada,  Domin 
January  1950  chartered 


ion  Notes  and  "Free"  Central  Gold  Reserve  Deposits:  after  that  date:  Bank  of  Canada  Notes 
bank  note  circulation,  the  latter  being,  after  September  1944,  an  approximate  figure  only. 


and  Deposits.  (4) 

(6)    Notes  issued  for 


Figures  given  are  averages  of  estimated  month- 
irculation  outside  Canada  only  commencing  in 


Millions  of  Dollars 


HI— GENERAL  PUBLIC  HOLDINGS    OF  CERTAIN  LIQUID  ASSETS*t 

Currency,  Bank  Deposits  and  ■  Government  of  Canada  Securities 
Bank  of    Canada 


Millions  of  Dollars 


As  at  Dec.  31 

1949 
1950 
1951 
End  of 
1950— Oct. 

Nov. 

Dec. 

1951— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept 
Oct. 
Nov. 
Dec. 


Currency  and  Active  Bank  Deposits 


Currency 
Outside  Banks 


Notes'" 


1,110 
1,136 
1,191 

1,110 
1,119 
1,136 

1,075 
1,093 
1,134 
1,120 
1,123 
1,174 
1,145 
1,181 
1,193 
1,174 
1,212 
1,191 


Coin") 


74 
78 


77 
77 
78 

76 
76 
78 
78 
79 
81 
80 
81 
82 
82 


Total 


1,184 
1,214 
1,275 

1,187 
1,196 
1,214 

1,151 
1,169 
1,212 
1,198 
1,202 
1,255 
1,225 
1,262 
1,275 
1,256 
1,296 
1,275 


Active  Bank  Deposits 


Chartered  Banks 


Demand 


2,426 
2,770 
2,963 

2,822 
2,824 
2,770 

2,638 
2,612 
2,487 
2,725 
2,692 
2,578 
2,675 
2,675 
2,651 
2,907 
2,936 
2,963 


Active") 
Notice 


Other'" 

excl. 

Govt. 

of  Canada 


682 
697 
717 

695 
694 
697 

702 
709 
711 
709 
707 
707 
709 
712 
715 
713 
712 
717 


*fc  The  term  General  Public  refers  to  holdings  of  non-residents  as  well  as 

residents;  for  an  approximate  division  between  resident  and  non-resident 

holdings  see  Table  HI,  page  185  in  the  October  1951  Statistical  Summary. 

t  Cha"er<,d  banks'  Newfoundland  blanch  statistics  are  included  as  from 

April  1st.  1949. 

**The  whole  of  the  increase  or  decrease  in  Canada's  foreign  exchange  reserves 
is  embodied  in  the  related  factors  in  this  table;  to  the  extent  that  such 
changes  do  not  appear  in  the  column  "Bank  of  Canada  Gold  and  Exchange 
Holdings  (net)  they  affect  changes  in  "Government  of  Canada  Direct 
and  Guaranteed  Funded  Debt." 

(1)  Note  Circulation  of  Bank  of  Canada  and,  prior  to  1950,  of  the  chartered 
banks;  excluding  notes  held  by  chartered  banks. 


338 
413 
449 

437 
419 
413 

395 
415 
428 
429 
398 
385 
396 
381 
371 
380 
398 
449 


Total 


3,446 
3,880 
4,129 

3,954 
3,937 
3,880 

3,735 
3,736 
3,626 
3,863 
3,797 
3,670 
3,780 
3,768 
3,737 
4,000 
4,046 
4,129 


Deduct^ 
Float 


335 
450 
627 

451 
476 
450 

402 

448 
376 
499 
467 
395 
468 
497 
387 
544 
552 
627 


Net 
Total 


3,111 
3,430 
3,502 

3,503 
3,461 
3,430 

3,333 
3,288 
3,250 
3,364 
3,330 
3,275 
3,312 
3,271 
3,350 
3,456 
3,494 
3,502 


Bank  of 
Canada 
"Other" 
Deposits 


127 
207 


235 
221 

207 

204 
205 
207 
215 
222 
220 
213 
186 
140 
83 
92 


Total 


3,238 
3,637 
3,568 

3,738 
3,682 
3,637 

3,537 
3,493 
3,457 
3,579 
3,552 
3,495 
3,525 
3,457 
3,490 
3,539 
3,586 
3,568 


Total      inactive 

Currency  Chartered 

.an.d  Bank 

Debits  D<*°8itS 


Govt,  of 
Canada 
Securities 

(»)(10)(U) 


4,422 
4,851 
4,843 

4,925 
4,878 
4,851 

4,688 
4,662 
4,669 
4,777 
4,754 
4,750 
4,750 
4,719 
4,765 
4,795 
4,882 
4,843 


i  held  by  Bank  of  Canada  and 


(2)  Subsidiary  coin  issued  by  the  Mint  less  c 
chartered  banks  in  Canada. 

(3)  Chartered  banks'  public  demand  deposits  in  Canada. 

(4)  Chartered  banks'  public  notice  deposits  in  Canada  other  than  estimated 
aggregate  quarterly  minimum  balances  in  personal  savings  accounts  and 
non-personal  notice  deposits. 

(5)  Chartered  banks'  Canadian  dollar  deposits  of  provincial  governments 
VI         Canadian.  United  Kingdom,  and  foreign  banks. 

(6)  Cheques  on  other  banks  as  shown  in  chartered  bank  month-end  returns 
to  the  Minister  of  Finance. 

(7)  Other  Deposits  with  the  Bank  of  Canada  as  shown  in  published  month-end 
statements  — i.e.  excluding  Government  of  Canada,  chartered  bank  and 
foreign  currency  deposite. 


3,751 
3,861 
3,894 

3,864 
3,850 
3,861 

3,875 
3,909 
3,903 
3,888 
3,881 
3,852 
3,871 
3,872 
3,880 
3,862 
3,904 
3,894 


9,902 
10,066 
9,386 

9,963 
10,181 
10,066 

10,096 
10,072 
10,019 
9,962 
9,899 
9,805 
9,733 
9,672 
9,574 
9,514 
9,494 
9,386 


Total 


18,075 
18,778 
18,123 

18,752 
18,909 
18,778 

18,659 
18,643 
18,591 
18,627 
18,534 
18,407 
18,354 
18,263 
18,219 
18,171 
18,280 
18,123 


Related  Factors** 


Govt,  of  Canada  Direct  and  Guaranteed  Funded  Debt"' 


Held  by  Bk.  of  Can.  &  Ch.  Bks. 


Total 

(10) 


5,121 
5,021 
4,945 

4,990 
4,913 
5,021 

4,956 
4,809 
4,817 
4,792 
4,811 
4,863 
4,896 
4,917 
4,928 
5,000 
4,925 
4,945 


Deduct"1' 
Govt,  of 
Canada 
Deposits 


181 
280 
160 

108 
253 
280 

344 
266 
295 
161 
226 
252 
248 
276 
213 
261 
130 
160 


Net 
Total 


4,940 
4,741 
4,785 

4,882 
4,660 
4,741 

4,612 
4,543 
4,522 
4,631 
4,585 
4,611 
4,648 
4,641 
4,715 
4,739 
4,795 
4,785 


Held  by  Other  Investors 


Total 


Deduct 
Securities 
held  by  all 
Govl.Accls 


10,698 
10,913 
10,395 

10,801 
11,043 
10,913 

10,944 
10,918 
10,864 
10,815 
10,763 
10,680 
10,617 
10,575 
10,493 
10,446 
10,460 
10,395 


796 

847 

1,009 

838 
862 
847 


845 
853 
864 
875 
884 
903 
919 
932 
966 
1,009 


Net 
Total 


9,902 
10,066 
9,386 

9,963 
10,181 
10,066 

10,096 
10,072 
10,019 
9,962 
9,899 
9,805 
9,733 
9,672 
9,574 
9,514 
9,494 


Banks"') 
Loan 

&Non- 
Govt. 
Invest- 
ments 


3,419 
3,950 
4,085 

3,681 
3,921 
3,950 

3,943 
4,022 
4,101 
4,133 
4,159 
4,133 
4,101 
4,131 
4,112 
4,095 
4,181 
4,085 


Bk.ofCan 
Gold  and 
Exchange 
Holdings 
(Net) 


226 
49 

370 

306 
226 

182 
157 
106 
62 
41 
43 
22 

1 

1 

11 

49 


Deduct 

All 

Other 

(.Net) 

(i<> 


186 
205 
182 

144 
159 
205 

174 
151 
157 
161 
150 
185 
150 
181 
183 
178 
201 
182 


As  at  Dec.  31 

1949 

1950 

1951 

End  of 
Oct.-1950 
Nov. 
Dec. 

Jan.— 1951 

Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 


Estimated  aggregate  minimum  quarterly  balances  in  chartered  banks' 
personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 
Canada.  _^. 

Direct  and  guaranteed  securities  (including  refundable  taxes)  at  par.  Direct 
debt  includes  both  matured  and  unmatured  issues  outstanding,  exclusive 
nl  sinking  fund  holdings;  guaranteed  debt  is  included  on  the  basis  of  the 
total  unmatured  issues  outstanding;  Newfoundland  debt  assumed  by 
the  Government  of  Canada  has  been  included  since  June  1949.  Foreign 
pay  securities  have  been  valued  at  official  mid-rates  of  exchange  to 
September  30.  1950.  and  at  market  rates  thereafter. 
Chartered  banks'  temporary  advances  to  the  general  public  in  connection 
with  the  purchase  of  Victory  Loan  Bonds  at  time  of  issue,  amounting  to 
166,  261.  271,  and  411  in  the  years  1942  to  194S  inclusive,  have  been 


included  in  bank  holdings  of  Government  securities  and  deducted  from 
holdings  of  the  general  public. 

(11)  Canadian  dollar  deposits  of  the  Government  of  Canada  at  chartered 
banks  and  Bank  of  Canada, 

(12)  Holdings  of  all  investors  other  than  Bank  of  Canada,  chartered  banks 
and  Government  of  Canada  accounts. 

(13)  All  loans  in  Canada  of  the  chartered  banks  other  than  temporary  advances 
in  connection  with  Victory  Loan  issues,  plus  chartered  banks'  holdings 
of  provincial,  municipal  and  "other"  securities,  and  Bank  of  Canada 
holdings  of  Industrial  Development  Bank  Capital  stock. 

(14)  Net  of  all  related  asset  and  liability  items  not  shown  elsewhere  in  this  table. 


JANUARY  1952 


Millions  of  Dollars 


As  AT  END  OF 


JANUARY  1952 


IV— CHARTERED  BANKS 
Estimated  Quarterly  Classification  of  Loans  in  CANADA*t 


Department  of  Finance 


1947 


Dec. 


1948 


Mar. 


June 


Sept. 


Dec. 


and  Bank  of  Canada 


1949 


Mar. 


June 


Sept. 


Dec. 


Mar. 


June 


Sept. 


Dec. 


Mar. 


June 


Sept. 


1.  Government  and  Other  Public  Services 

(1)  Provincial  governments 

(2)  Municipal  governments  and  school  districts 

(3)  Religious,  education,  health  and  welfare  institutions 

Total  Government  and  Other  Public  Services.  . . . 

2.  Financial 

(1)  Investment  dealers  and  brokers  to  the  extent 

payable  on  call  or  within  thirty  days 

(2)  Trust,  loan,  mortgage,  investment  and  insurance 

companies  and  other  financial  institutions 

Total  Financial} 

3.  Personal 

(1)  Individuals,  for  other  than  business  purposes,  on  the 

security  of  marketable  stocks  and  bonds 

(2)  Individuals,  for  other  than  business  purposes, 

j  not  elsewhere  classified 

Total  Personal 

4.  Agricultural,  Industrial  and  Commercial 

(1)  Farmers 

(2)  Industry: 

(a)  Chemical  and  rubber  products 

(b)  Electrical  apparatus  and  supplies 

(c)  Food,  beverages  and  tobacco 

(d)  Forest  products 

(e)  Furniture 

(f)  Iron  and  steel  products 

(g)  Mining  and  mine  products 

(h)  Petroleum  and  products 

(i)  Textiles,  leather  and  clothing 

(J)  Transportation  equipment 

Xk)  Other  producers 

"^        Total  Industry 

(3)  Public  utilities,  transportation  and  communication  companies 

(4)  Construction  contractors 

(5)  Grain  dealers  and  exporters 

(6)  Instalment  finance  companies 

(7)  Merchandisers 

(8)  Other  business 

Total  Agricultural,  Industrial  and  Commercial 
TOTAL  LOANS  IN  CANADA 


35.8 
40.4 
15.5 


91.7 


105.7 
36.4 


142.1 


293.8 
143.1 


436.9 


138.3 

17.5 

14.0 

133.0 

104.6 

13.5 

85.8 

18.4 

3.5 

93.4 

19.4 

42.2 


545.4 

31.8 

85.7 
138.0 

64.6 
359.4 

71.2 


1,434.4 


2,105.1 


19.0 
57.3 
18.0 


94.3 


64.7 
36.9 


101.6 


259.1 
139,8 


398.9 


123.3 

27.8 

14.4 

117.7 

120.0 

13.4 

85.7 

16.6 

3.6 

105.2 

20.6 

44.2 


569.2 

37.1 
85.3 
59.5 
65.3 
375.5 
77.8 


1,393.0 


1,987.7 


52.6 
20.1 


82.S 


82.0 
42.0 


124.0 

\ 

242.1 
149.9 


392.0 


146.8 

27.4 

13.6 

112.7 

123.0 

13.8 

83.9 

17.8 

4.4 

108.9 

22.4 

41.3 


569.1 

34.7 
103.3 

32.6 

61.0 
383.8 

85.4 


1,416.8 


2,015.3 


20.5 
67.6 
23.8 


111.9 


75.4 
41.4 


116.8 


225.1 
150.4 


375.5 


161.9 

27.0 

12.7 

130.9 

104.7 

12.7 

73.2 

18.9 

6.4 

118.5 

21.1 

35.8 


561.8 

36.3 
103.6 
103.3 

53.1 
387.4 

89.1 


1,496.5 


2,100.7 


14.0 
54.1 
27.9 


96.0 


103.6 
49.1 


152.7 


301.8 
154.0 


455.8 


152.8 

26.9 
12.9 
143.2 
97.2 
13.8 
74.0 
17.9 
9.5 
99.1 
22.6 
38.5 


555.6 

26.5 

93.8 

178.7 

61.8 

374.7 

101.8 


1,545.7 


21.0 
77.G 
29.2 


127.8 


82.0 
51.7 
133.7 


269.8 
150.2 


420.0 


138.5 

32.3 

13.6 

124.9 

110.4 

13.1 

82.1 

18.3 

9.4 

120.7 

24.4 

45.1 


594.3 

36.5 
91.5 
106.2 
62.6 
397.1 
103.3 


1,530.0 


2,250.2  2,211.5 


•fa  Department  of  Finance  revised  its  form  of  classification  in  1950  and  has 
published  figures  in  the  new  form  only  for  September  1950  and  1951. 
Figures  for  September  1947,  1948.  and  1949  have  been  published  by  the 


33.9 
74.0 
29.1 


137.0 


72.1 
51.6 


123.7 


251.2 
163.4 


414.6 


159.2 

31.5 

11.4 

121.1 

122.0 

12.7 

73.7 

20.3 

9.8 

123.7 

24.5 

45.2 


595  7 

38.7 
111.3 
97.0 
71.0 
409.5 
110.9 


1,593.3 


2,268.6 


40.4 
76.1 
26.5 


143.0 


102.4 
57.5 


159.9 


234.6 
167.6 


402.2 


184.4 

25.3 

9.2 

117.0 

102.6 

13.1 

75.2 

21.9 

10.6 

134.9 

25.5 

42.5 


577.9 

34.5 
113.3 
190.1 

74.6 
415.5 
113.0 


1,703.3 


2,408.4 


25.3 
70.4 
27.1 


122.8 


141.3 
61.0 


202.3 


322.3 
172.8 


495.1 


175.1 

25.4 
10.4 

132.8 
82.9 
13.1 
63.6 
20.6 
11.7 

107.7 
22.2 
40.1 


530.7 

28.7 
100.3 
170.0 

78.3 
381.4 
120.2 


1,584.7 


2,404.9 


22.1 
99.0 


148.0 


289.2 
174.8 


464.0 


577.3 


1,666.5 


2,428.4 


Bank  of  Canada,  in  the  revised  form,  in  the  December  1950  issue  of  the 
Statistical  Summary,  with  a  description  of  the  estimates  and  adjustments 
involved.   Figures  for  March,  June  and  December  have  not  been  published 


27.4 
81.6 
25.7 


134.7 


278.0 
195.2 


473.2 


202.9 

34.2 
12.9 

119.5 
89.9 
15.0 
79.1 
21.2 
18.9 

131.6 
23.3 
44.4 


590.0 

44.8 
123.9 
83.8 
94.3 
442.4 
141.3 


1,723.4 


2,554.2 


23.6 
91.5 
33.1 


148.2 


101.2 
86.0 


187.2 


255.8 

29.2 
14.3 

122.5 
76.1 
16.2 
53.4 
26.0 
22.9 

138.9 
30.1 
55.2 


584.7 

53.9 
122.7 

93.1 
.96.5 
436.1 
135.5 


1,778.3 


2,575.3 


35.4 
83.6 
36.2 


155.2 


134.1 
103.3 


237.4 


372.2 
224.3 


596.5 


243.4 

44.6 
15.3 

149.0 
91.6 
17.3 
67.6 
26.0 
25.1 

132.5 
35.5 
53.0 


657.5 

53.0 
126.7 
159.5 
113.7 
437.4 
131.3 


1,922.5 


2,911.6 


28.9 
121.9 
40.2 


191.0 


94.4 
86.0 


180.4 


337.0 
226.2 


563.2 


230.6 

55.3 

20.3 

153.4 

116.5 

19.3 

80.8 

27.0 

29.1 

190.3 

44.2 

57.2 


793.4 

75.8 
125.6 
128.4 
143.0 
531.8 
140.3 


2,168.9 


3,103.5 


38.7 
118.1 
42.6 


199.4 


82.3 
92.3 


174.6 


293.0 
225.0 


518.0 


249.4 

54.2 
27.8 
159.6 
120.2 
16.7 
99.1 
28.8 
27.1 
203.3 
45.4 
64.5 


846.7 

63.4 
151.4 
107.0 
136.0 
560.7 
138.2 


24.9 

114.5 
45.9 


185.3 

107.1 
91.7 
198.8 

255.6 
211.3 


466.9 


298.9 

54.3 
41.4 
172.0 
115.7 
19.8 
97.5 
33.4 
31.0 
213.4 
46.4 
63.1 


888.0 

87.9 
151.8 

98.6 
100.8 
542.9 
133.8 


2,302.7 


3,153.7 


hitherto  and  are  also  partly  estimated  by  the  Bank  of  Canada, 
t     Loans  at  Newfoundland  branches  of  chartered  banks  have  been  included 
from  June  1949  on. 


Excluding  borrowings  by  instalment  finance  companies,  and  by  individuals 
on  the  security  of  marketable  stocks  and  bonds. 


JANUARY  1952 


V— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals* 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1950— Aug. 

2.75 

2.64 

2.15 

1.74 

Sept. 

2.71 

2.62 

2.17 

1.76 

Oct. 

2.75 

2.68 

2.22 

1.83 

Nov. 

2.88 

2.84 

2.42 

2.02 

Dec. 

2.99 

2.97 

2.55 

2.17 

1951— Jan. 

3.02 

3.00 

2.63 

2.26 

Feb. 

3.02 

3.00 

2.60 

2.27 

Mar. 

3.25 

3.21 

2.89 

2.70 

Apr. 

3.24 

3.20 

2.75 

2.48 

May 

3.24 

3.18 

2.62 

2.28 

June 

3.25 

3.15 

2.62 

2.35 

July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada1" 

U.K.w 

U.S.A.w 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

2.75 

3.21 

2.26 

2.70 

3.14 

2.29 

2.77 

3.05 

2.31 

2.87 

3.05 

2.32 

2.97 

3.12 

2.35 

3.01 

3.12 

2.32 

3.01 

3.26 

2.33 

3.17 

3.28 

2.48 

3.21 

3.35 

2.59 

3.20 

3.43 

2.69 

3.24 

3.55 

2.70 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.546 

.513 

1.173 

.615 

.514 

1.311 

.623 

.514 

1.337 

.624 

.513 

1.380 

.626 

.519 

1.351 

.626 

.511 

1.391 

.728 

.513 

1.391 

.755 

.512 

1.402 

.755 

.511 

1.529 

.755 

.512 

1.626 

.754 

.512 

1.467 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

•  Payable  in  Canada  only.         (1)  Government  of  Canada  3%  due  Sept.  1.  1961-66.         (2)   United  Kingdom  3%  due  Apr.  15,  1959H59. 
(3)  U.S.  Treasury  2Ji%  due  Dec.  IS,  1963-68,  is  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


Thousands  of  Fine  Ounces 


VI— CANADIAN  GOLD  STATISTICS 

Bank  of  Canada 


SOURCES 

DISPOSITION 

Net  Release 

Net  Increase 

New 

Gold<» 
Production 

Physical'2) 
Imports 

from  Gold 

held  in 
Safekeeping 
for  Non- 
residents 

Total 

Gold 

Available 

Physical  <3> 
Exports 

in  Gold 
held  in 
Safekeeping 
for  Non- 
residents 

Net  Increase 
or  Decrease 
in  Official 
Holdings  <4> 

Total 

Disposition 

of  Gold 

Calendar  Years 

1941 

5,313 

1,389 

4,960 

11,662 

11,680 

- 

18 

11,662 

1942 

4,809 

- 

1,567 

6,376 

5,825 

- 

551 

6,376 

1943 

3,703 

- 

157 

3,860 

1,868 

- 

1,992 

3,860 

1944 

2,862 

214 

231 

3,307 

1,311 

- 

1,996 

3,307 

1945 

'    2,503 

- 

695 

3,198 

1,505 

- 

1,693 

3,198 

1946 

2,600 

5 

12,482 

15,087 

9,834 

- 

5,253 

15,087 

1947 

2,851 

2 

5,516 

8.369 

15,524 

- 

7,155 

8,369 

1948 

3,423 

2,384 

- 

5,807 

2,505 

11 

3,291 

5,807 

1949 

3,866 

11 

530 

4,407 

1,967 

- 

2,440 

4,407 

1950 

4,283 

15,428<6> 

- 

19,711 

980 

16,049 

2,682 

19,711 

1951 

4,080 

12,525 

4,131 

20,736 

633 

12,597 

7,506 

20,736 

Quarters 

1950-  I 

1,070 

- 

- 

1,070 

218 

396 

456 

1,070 

II 

1,097 

18 

- 

1,115 

367 

542 

206 

1,115 

III 

1,024 

4,382 

- 

5,406 

344 

4,107 

955 

5,406 

IV 

1,091 

11,028<8> 

- 

12,119 

51 

11,003 

1,065 

12,119 

1951-  I* 

1,023 

9,220 

_ 

10,243 

34 

9,339 

870 

10,243 

II 

1,161 

3,144<6> 

- 

4,305 

34 

3,258 

1,013 

4,305 

III* 

957 

158") 

96 

1,211 

153 

- 

1,058 

1,211 

ivt 

939 

3 

4,035 

4,977 

412<8> 

— 

4,565 

4,977 

Newly  mined  gold  sold  by  the  Mint  (excl.  small  sales  for  industrial  purposes)  plus  exports  of  raw  gold  or  concentrates  direct  from  the  mines  for  refining 
abroad  plus  commercial  sales  of  gold  abroad  by  the  mines  beginning  Nov.  1,  1951.     This  series  coincides  with  net  non-monetary  gold  exports  published  since 
1939,  except  that  beginning  Nov.  1.  1951,  it  excludes  increases  in  commercial  gold  stocks  held  in  safekeeping  by  the  Mint  for  the  account  of  the  mines. 
Excluding  small  amounts  of  unmanufactured  gold,  scrap  and  manufactured  forms  which  are  shown  under  various  headings  in  the  import  returns. 
Excluding  the  gold  content  of  exports  of  jewellers'  sweepings  and  precious  metals  scrap  which  are  shown  in  the  export  returns. 
(4)    Holdings  of  the  Exchange  Fund  Account  and  Bank  of  Canada.  (5)    Includes  2,857  thousand  fine  ounces  of  Canadian-owned  gold  earmarked  abroad. 

(6)  Includes  285  thousand  fine  ounces  of  Canadian-owned  gold  earmarked  abroad. 

(7)  Includes  143  thousand  fine  ounces  of  Canadian-owned  gold  earmarked  abroad. 

(8)  Includes  286  thousand  fine  ounces  of  Canadian-owned  gold  sold  from  earmark  abroad.  *  Revised.  t  Preliminary. 


(1) 


(2) 
(3) 


JANUARY  1952 


VII— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 


Cents  per  -unit 

OFFICIAL  RATES 

U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

Buying 

Selling 

Mid-rate 

Buying 

Selling 

Mid-rate 

1939  -  Sept.  16<D 

1945  -  Oct.    15(»> 

1946  -  July     6d) 
1949  -  Sept.  20(D 

110.00 
110.00 
100.00 
110.00 

111.00 
110.50 
100.50 
110.50 

110.50 
110.25 
100.25 
110.25 

443.00 
443.00 
402.00 
307.25 

447.00 
445.00 
404.00 
308.75 

445.00 
444.00 
403.00 
308.00 

MARKET  RATESt 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 
1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1951— Jan. 

105.94 

104.75 

105.17 

296.50 

293.50 

294.46 

Feb. 

105.38 

104.41 

104.92 

295.00 

292.44 

293.82 

Mar. 

105.25 

104.44 

104.73 

294.75 

292.50 

293.29 

Apr. 

106.81 

104.94 

105.99 

299.19 

293.88 

296.74 

May 

106.94 

105.38 

106.37 

299.50 

295.13 

297.89 

June 

107.31 

106.63 

106.94 

300.50 

298.50 

299.41 

July 

106.63 

105.53 

106.05 

298.50 

295.38 

296.90 

Aug. 

105.94 

105.09 

105.56 

296.50 

294.13 

295.46 

Sept. 

105.75 

105.19 

105.56 

296.00 

294.38 

295.46 

Oct. 

105.50 

104.19 

105.08 

295.25 

291.63 

294.11 

Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

*     Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16,  1939. 
(1)    Dates  on  which  official  rates  were  established  or  changed. 
t     Commencing  Oct.  2,  1950,  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  for  transactions  between  banks  in  the  exchange  market. 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS* 


CANAOIAN  DOLLARS 


CANADIAN  DOLLARS 


1.07 


JUNE  JULY  AUG. 

*  Market  rate;  see  footnote  to  table  above. 


JANUARY  1952 


VIII- 

Par  Values  in  Millions  of  Canadian  Dollars* 


BOND  ISSUES  AND  RETIREMENTS1 

Bank  of  Canada 


I-Govt.  of  Canada  Direct 
&  Guaranteed  and  Other  C.N.R.t 

II-Provincial  Direct  and 

Guaranteed 

New  Issues 

Retirements 

Net  New 

Issues  or 

Retirements 

New  Issues 

Retirements 

Net  New 
Issues  or 

New 

Refunding 

Refunded 

Other 

Retirements 

Calendar  Years 

1942 

2,072.7 

534.4 

1,538.3 

13.8 

129.6 

133.0 

45.2 

34.9 

1943 

3,047.8 

590.2 

2,457.6 

47.3 

101.1 

106.3 

60.5 

18.4 

1944 

3,122.1 

497.5 

2,624.5 

12.4 

89.0 

86.6 

81.6 

66.7 

1945 

3,636.5 

132.7 

3,503.9 

40.8 

137.3 

137.4 

69.3 

28.6 

1946 

913.5 

866.1 

47.4 

59.6 

73.4 

68.7 

82.5 

18.2 

1947 

371.4 

641.5 

270.1 

150.1<2,<3) 

125.2 

125.2 

85.1 

65.0<2)<3> 

1948 

1,424.8 

1 ,634.8 

210.0 

240.2 

103.8 

84.7 

81.2 

178.1 

1949 

820.7 

1,236.7 

416.1 

409.4 

54.1 

73.5 

70.9 

319.1 

1950 

2,191.7 

2,282.6 

90.9 

276.9 

132.2 

131.8 

120.9 

156.3 

1951 

591.6 

922.0 

330.4 

321.4 

90.1 

74.2 

123.5 

213.7 

Last  Half 

1948 

914.6 

932.9 

18.3 

164.7 

51.7 

64.5 

44.5 

107.4 

1949 

768.5 

1 ,085.7 

317.2 

271.1 

43.1 

41.5 

31.2 

241.6 

1950 

1,040.3 

1,029.7 

10.6 

87.2 

26.3 

11.3 

40.6 

61.6 

1951 

567.3 

728.3 

161.0 

167.8 

42.0 

58.9 

42.0 

109.0 

Last  Quarter 
1948 

761.5 

749.1 

12.4 

112.2 

47.2 

35.9 

32.4 

91.2 

1949 

594.8 

1,039.9 

445.1 

145.1 

- 

30.0 

13.2 

101.8 

1050 

972.6 

932.5 

40.1 

26.6 

10.2 

10.2 

27.0 

.4 

1951 

565.0 

614.8 

49.8 

67.3 

42.0 

40.2 

25.4 

43.6 

III-CORPORATIONS 

New  Issues 

Retirements 

Net  New 

Issues  or 
Retirements 

New 

Refunding 

Refunded 

Other 

Calendar  Years 

1942 

7.4 

39.1 

41.8 

80.2 

75.6 

1943 

22.2 

38.9 

38.9 

84.5 

62.2 

1944 

50.7 

95.5 

95.5 

89.5 

38.9 

1945 

79.2 

107.3 

110.2 

76.5 

.2 

1946 

125.3 

460.8 

460.4 

126.5 

.8 

1947 

267.5 

203.5 

197.7 

152.0 

121.3 

•1948 

274.0 

20.6 

26.3 

67.9 

200.3 

1949 

254.9 

41.8 

41.8 

86.6 

168.3 

1950 

431.5 

55.6 

55.6 

87.0 

344.6 

1951 

366.9 

11.4 

11.4 

90.1 

276.8 

Last  Half 

1948 

127.5 

7.1 

10.1 

34.4 

90.1 

1949 

127.7 

31.1 

31.1 

47.7 

80.0 

1950 

181.5 

34.1 

33.4 

42.0 

140.2 

1951 

211.9 

5.2 

5.2 

52.3 

159.6 

Last  Quarter 

1948 

71.1 

5.5 

3.5 

13.2 

59.9 

1949 

62.2 

31.1 

31.1 

21.2 

41.0 

1950 

137.1 

15.6 

17.4 

27.0 

108.2 

1951 

102.1 

3.7 

3.7 

30.5 

71.7 

I4-II4-III 


Net  New 

Issues  or 

Retirements 


1,427.8 
2,377.0 
2,518.9 
3,475.0 
28.4 

83.8 
168.4 

71.4 
410.0 
160.1 

179.3 

4.4 

212.3 

107.6 

163.5 

302.3 

147.9 

65.4 


IV-Govt.  of  Canada  Treasury  Bills, 

Deposit  Certificates  and   Short. 

Term  Notes  Sold  Directly  to  Bank 

of  Canada  and  Chartered  Banks 

Net  New 

Total 

Issues  or 

Outstanding 

Retirements 

at  End  of  Period 

633 

1,708 

535 

2,243 

248 

2,491 

695 

1,796 

250 

1,546 

346 

1,200 

100 

1,300 

100 

1,200 

300 

1,500 

too 

1,400 

- 

1,300 

100 

1,200 

200 

1,500 

- 

1,400 

- 

1,300 

- 

1,200 

- 

1,500 

■" 

1,400 

*  Issues  payable  in  Foreign  Currency  are  converted  at  the  official  rates  of  the  Foreign  Exchange  Control  Board  from  Sept.  15.  1939  to  Sept.  30,  1950.  Subsequently, 
the  market  noon  rates  are  used.  t  Does  not  include  refundable  tax  changes  which  were  (in  millions  dollars)  70,  155,  219,  70,  27,  85,  287,  56,  and  90  from 
1943  to  1951  respectively.  (1)  Subject  to  revision.  War  Savings  Certificates  are  included.  Provincial  Treasury  Bills  are  excluded.  Govt,  of  Canada 
Treasury  Bills,  Deposit  Certificates  and  short-term  notes  sold  directly  to  Bank  of  Canada  and  the  chartered  banks  are  not  included  in  Heading  I  but  are  shown 
separately  in  Heading  IV.  Because  of  lack  of  sufficient  data  no  tabulation  of  retirements  by  municipalities  and  religious  institutions  was  possible.  However, 
the  net  reduction  of  total  municipal  bonded  debt  has  been  (in  millions)  approximately  61.  53,  27,  43  and  5  in  the  years  1942  to  1946  respectively.  Before  the 
transfer  to  the  Quebec  Municipal  Commission  of  certain  school  debt,  the  estimated  net  increases  from  1947  to  1951  were  31,  78,  105,  133  and  153.  (2)  Before 
giving  effect  to  the  issue  of  $112.2  million  of  Quebec  Hydro  debentures  in  connection  with  retirement  of  Montreal  Light,  Heat  &  Power  stock.  (3)  Before  giving 
effect  to  the  issue  of  $63.2  million  of  Quebec  Municipal  Commission  bonds  re  transfer  of  the  debt  of  certain  school  corporation. 

Footnotes  to  table  on  opposite  page.  BONDS  OUTSTANDING 

*  Bonds  payable  in  Foreign  Currency  are  converted  into  Canadian  dollars  at  the  market  closing  rate  at  the  end  of  December.  1951,-  £1 .012  for  bonds  payable 
only  or  optionally  in  New  York  and  $2,814  for  bonds  payable  in  London  (1)  Provincial  Treasury  Bills  are  excluded.  (2)  Figures  for  the  gross  amount  of  bonds 
outstanding  are  compiled  from  latest  official  sources  adjusted  to  31  December  1951  by  subsequent  known  issues  and  redemptions;  when  full  details  regarding 
these  become  available  minor  revisions  may  be  necessary.  (3)  Including  issues  payable  in  Canada  or  London.  (4)  Figures  for  guaranteed  issues  are  approximate 
in  some  cases  for  which  full  particulars  are  not  available.  (5)  Comprises  unmatured  funded  debt.  Redemption  bonuses  on  the  First  War  Loan  and  the  Second 
and  Third  Victory  Loans,  Treasury  Bills.  Deposit  Certificates,  Treasury  Notes  and  War  Savings  Certificates  are  included;  the  estimated  amount  of  the  refundable 
portion  of  excess  profits  tax  is  also  included. 


JANUARY  1952 


10 


SUMMARY  OF  CHANGES  IN  CURRENCY  OF  PAYMENT" 

GOVT.  OF  CANADA  AND  PROVINCIAL  DIRECT  AND  GUARANTEED,  OTHER  C.N.R. 

Par  Values  in  Millions  of  Canadian  Dollars*  AND  CORPORATION  BONDS 


NEW  ISSUES  were  payable  in: 

Retirements 

were  payable  in: 

Net  Inc 

Net  0< 

In  Bonds 

ingPi 

rease  or 

'.crease 

Outstand- 

Canada 
only 

New  York 
only 

Canada  & 
NewYork 

London 

Total 

Canada 
only 

New  York 
only 

Canada  & 
New  York 

Canada, 
New  York 
&  London 

London 

Total 

tyable 

in  Canada 
only 

Abroad 

Calendar  Years 
1942 

2,231.8 

30.1 

.6 

2,262.5 

406.7 

12.6 

49.3 

97.6 

268.6 

834.7 

1,825.1 

397.3 

1943 

3,113.9 

143.3 

.2 

- 

3,257.4 

526.9 

260.6 

52.3 

21.8 

18.7 

880.4 

2,586.9 

209.9 

1944 

3,269.9 

83.8 

15.1 

.9 

3,369.7 

635.5 

27.6 

63.5 

100.6 

23.6 

850.8 

2,634.4 

115.5 

1945 

3,874.2 

49.0 

77.9 

- 

4,001.1 

283.5 

73.5 

52.0 

101.0 

16.1 

526.1 

3,590.7 

115.6 

1946 

1,456.3 

171.4 

4.8 

.1 

1,632.6 

1,104.0 

317.5 

109.5 

58.1 

15.1 

1,604.2 

352.3 

323.9 

1947 

1,106.7 

5.5 

5.0 

.4 

1,117.6 

938.5 

66.5 

61.0 

104.8 

30.7 

1,201.4 

168.3 

252.1 

1948 

1,773.1 

290.0 

- 

.3 

2,063.3 

1,704.8 

161.2 

19.0 

5.3 

4.6 

1,894.9 

68.3 

100.1 

1949 

1,480  7 

100.0 

- 

.2 

1,580.9 

1,389.1 

8.8 

10.9 

91.5 

9.2 

1,509.5 

91.6 

20.2 

1950 

2,866.9 

221.0 

- 

- 

3,087.9 

2,416.2 

126.6 

78.9 

45.7 

10.6 

2,677.9 

450.7 

40.7 

1951 

1,108.3 

273.1 

- 

- 

1,381.4 

1,112.5 

8.2 

37.8 

61.2 

1.6 

1,221.3 

4.2 

164.3 

Last  Half 
1948 

1,115.5 

150.0 

_ 

.1 

1,265.6 

923.4 

151.3 

7.0 

1.8 

2.8 

1,086.3 

192.1 

12.8 

1949 

1,141.5 

100.0 

- 

.1 

1,241.6 

1,135.0 

4.2 

6.1 

87.3 

4.6 

1,237.2 

6.5 

2.1 

1950 

1,288.1 

.81.3 

- 

- 

1,369.4 

1,028.6 

121.4 

4.0 

1.8 

1.2 

1,157.1 

259.5 

47.1 

1951 

853.3 

140.9 

- 

- 

994.2 

800.9 

3.9 

28.1 

53.0 

.8 

886.7 

52.4 

55.1 

Last  Quarter 
1948 

997.5 

_ 

_ 

.1 

997.5 

822.5 

2.6 

5.1 

1.6 

2.2 

834.0 

174.9 

11.4 

1949 

833.1 

- 

- 

- 

833.1 

1,043.3 

2.9 

1.1 

87.1 

1.0 

1,135.4 

210.3 

92.0 

1950 

1,162.1 

- 

- 

- 

1,162.1 

897.8 

113.2 

.9 

1.8 

.4 

1,014.1 

264.2 

116.3 

1951 

736.3 

43.8 

' 

' 

780.1 

705.2 

2.7 

4.7 

1.7 

.4 

714.7 

31.0 

34.4 

For  footnotes  see  opposite  page. 


IX— BONDS  OUTSTANDING 

GOVT.  OF  CANADA,  C.N.R.,  PROVINCIAL,  MUNICIPAL  AND  CORPORATION  BONDS'" 
GROSS  AMOUNT  OUTSTANDING  AS  AT  31st  DECEMBER,  1951(2) 


Par  Values  in  Millions  of  Canadian  Dollars* 


Payable  in: 

Canada 
Only 

New  York 
only 

Canada  or 
New  York 

Canada, 
New  York 
or   London 

(3) 

London 

Total 

14,421.4 

.7 

285.2 

70.6 

5.0 

15.1 

127.2 

.9 

158.0 

4.4 

326.8 

252.9 

522.1 

504.9 

74.5 

.9 

91.8 

.3 

1.5 

135.0 

17.3 

1,123.7 

2,217.9 

352.1 

6.1 
1.3 

2.5 
22.3 

10.1 

50.6 

101.2 

5.1 

20.2 

20.2 

61.4 
36.4 

160.0 
330.1 

64.9 
.5 

23.5 

24.5 

40.0 
1.6 

15.1 

4.2 

19.6 

23.8 

24.2 

37.6 

.3 

67.5 

4.5 

9.5 

152.1 

19.0 

15.2 

160.2 
8.1 
3.5 

2.5 

.1 

.9 

24.4 

7.2 

53.9 

7.4 
3.2 

.9 
4.0 

4.3 
3.3 

.8 
.5 

4.2 
1.4 

27.7 

204.8 

14,827.4 

10.2 

515.7 

94.6 

5.9 

4.0 

17.6 

173.0 

.9 

196.9 

4.4 

435.9 

254.5 

798.6 

522.3 

118.6 

.9 

138.8 

.3 

87.2 

213.2 

19.9 

1,403.3 

2,764.5 

— Gtd.  other  than  C.N.R. 
C.N.R.— Gtd.  by  Govt,  of  Canada.  .  .  . 

p  E  I                      —Direct 

— Guaranteed 

— Guaranteed 

— Guaranteed 

Ontario                 — Direct 

— Guaranteed 

Manitoba              — Direct 

— Guaranteed 

— Guaranteed 

Alberta                 — Direct 

— Guaranteed 

Municipal            — Direct  &  Gtd 

Total     

20,358.1 

1,179.6 

351.8 

402.7 

316.4 

22,608.6 

Contra  Sinking  Fund 
Investments,  <4) 

book  value  as  at  latest 
available  date 

8.4 

Mar. 

31,  1951 

2.2 

Mar. 

31,  1951 

1.8 
19.0 

Mar. 
Mar. 

31,  1950 
31,  1951 

29.7 
.3 

91.2 
.2 

98.1 
1.5 

23.4 

Mar. 

Oct. 

Mar. 

Dec. 

July 

June 

Sept. 

31,  1951 
31,  1950 
31,  1951 
31,  1950 
31,  1951 
30,  1951 
30, 1951 

14.5 
.3 

Dec. 
Mar. 

31,  1951 
31,  1950 

38.4 
3.2 

Mar.      31,  1951 
Various 

141.2 

V 

arious 

- 

For  footnotes  see  opposite  page. 


11 


JANUARY  1952 


X— BUSINESS  ACTIVITY 

Dominion  Bureau  of  Statistics 


Production 

Res- 
idential 

Con- 
struction 

Car 
Loadings 

Value 

of 

Department 

Employ- 
ment 
Index 

(3) 

Aggregate 
Payrolls 

News- 

Central 

Index 

(3) 

Gold 

Nickel 

Steel 

print 
(i) 

Electric 
Stations"' 

Contracts 

Awarded 

- 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions 

Millions 

Fine  Ounces 

Short  Tons 

Short  Tons 

Short  Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939  =  100 

1939  =  100 

AnnualTotalsW 

1932 

3,044 

15 

380 

2,186 

12,296 

29      . 

2,180 

254 

(5) 

(5) 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

(5) 

(5) 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

873 

168.0 

321.8 

1951 

4,371* 

136* 

3,567 

5,516 

51,895 

437 

4,183 

901 

180.0 

381.2 

Monthly 

1950— Aug. 

375.9 

7.7 

281.3 

466.4 

3,849 

48.5 

275 

61.4 

172.5 

332.5 

Sept. 

364.4 

11.7 

274.9 

437.6 

3,852 

56.3 

363 

78.3 

174.1 

328.0 

Oct. 

376.3 

10.4 

293.9 

456.4 

4,102 

54.8 

385 

83.7 

177.1 

346.6 

Nov. 

378.3 

11.9 

289.5 

456.7 

4,143 

44.0 

369 

98.2 

178.1 

351.7 

Dec. 

382.5 

10.3 

291.2 

430.6 

4,241 

28.5 

314 

118.9 

179.2 

356.2 

1951— Jan. 

374.5 

10.9 

309.7 

453.0 

4,368 

16.0 

331 

58.3 

175.3 

338.2 

Feb. 

347.1 

9.6 

281.4 

425.1 

3,982 

25.0 

294 

58.4 

172.3 

351.5 

Mar. 

372.4 

11.6 

314.8 

473.0 

4,395 

32.0 

336 

72.6 

172.3 

353.8 

Apr. 

363.1 

10.5 

312.0 

447.6 

4,227 

49.8 

337 

75.1 

173.3 

357.8 

May 

369.4 

12.4 

313.3 

485.7 

4,407 

52.0 

380 

76.6 

175.6 

367.9 

June 

362.6 

11.8 

293.5 

464.3 

4,242 

50.3 

370 

69.5 

180.3 

379.0 

July 

344.4 

11.8 

274.6 

452.5 

4,205 

43.8 

350 

54.5 

183.6 

392.5 

Aug. 

345.1 

12.2 

286.8 

484.6 

4,315 

35.2 

363 

61.5 

184.3 

394.0 

Sept. 

359.0 

11.6 

268.2 

431.1 

4,148 

30.0 

350 

72.4 

185.1 

400.2 

Oct. 

378.4 

11.7 

309.4 

-  492.5 

4,511 

29.2 

390 

81.3 

186.5 

410.0 

Nov. 

372.4 

11.5 

307.1 

471.7 

4,471 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

296.5 

435.3 

4,624 

26.9 

315 

119.8 

186.4 

415.8 

(1)    Source;  Newsprint  Association  of  Canada.    Includes  Newfoundland.  (2)   Total  output  less  exports   and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.  (3)  9  Leading  industries.      First  of  month  figures.  (4)  Average  of  months  in  case  of  Employment  and  Payrolls  Indexes. 

*12-months  ending  Nov.  1951.        (5)  Not  available. 


PRODUCTION    OF   CERTAIN    MINERALS 


000  FINE    OUNCES  JMM. 

4500        150 


-3000        100 


-1500         50  — ^f- 


LBS.MM.  JMM. 

600         150 


-$$;-400         100 


-$^-200  50 


01     KSN1     NNM     1\VJ     1NNN     INV1     KNM     Iq  Ql     t\\N     KW1     K\N     t^sN     K\\1     K\M     \Q  pi     IXX1     K\\l     K\N     K\N1     t\\N     k\\N     IQ 

1946      47        48       49         50       51  1946      47        48       49        50        51  1946     47        48       49        50        51 


TONS  MM  {MM 

~30  150 


LBS.  MM.  JMM. BBL.  MM. 

900  I50p     CRUDE  PETROLEUM       "l60 


100 


50 


1946      47        48       49        50       51 


48       49        50        51 


40 


20 


JANUARY  1952 


12 


XI— MINERAL  PRODUCTION 

Dominion  Bureau  of  Statistics 
METALLIC  MINERALS 


Gold 

Silver 

Other'1' 
Precious  Metals 

Nickel 

Copper 

fine  oz. 
000 

$  mm. 

fineoz. 
000 

$  mm. 

fine  oz. 
000 

$  mm. 

lbs.  mm. 

$  mm. 

lbs.  mm. 

$  mm. 

1941 

5,345 

205.8 

21,754 

8.3 

222 

8.1 

282 

68.7 

643 

64.4 

1942 

4,841 

186.4 

20,695 

8.7 

481 

19.2 

285 

70.0 

604 

60.4 

1943 

3,651 

140.6 

17,345 

7.8 

346 

13.7 

288 

71.7 

575 

67.2 

1944 

2,923 

112.5 

13,627 

5.9 

200 

8.0 

275 

69.2 

547 

65.3 

1945 

2,697 

103.8 

12,943 

6.1 

667 

26.7 

245 

62.0 

475 

59.3 

1940 

2,833 

104.1 

12,544 

10.5 

239 

12.8 

192 

45.4 

368 

46.6 

1947 

3,070 

107.5 

12,504 

9.0 

205 

10.0 

237 

70.7 

452 

91.5 

1948 

3,530 

123.5 

16,110 

12.1 

270 

16.9 

263 

86.9 

481 

107.2 

1949 

4,124 

148.4 

17,641 

13.1 

337 

19.9 

257 

99.2 

527 

104.7 

1950 

4,441 

169.0 

23,221 

18.8 

278 

17.8 

247 

112.1 

528 

123.2 

1951f 

4,329 

159.4 

24,245 

22.9 

318 

22.5 

275 

150.6 

541 

149.3 

Zinc 

Lead 

Iron  Ore 

Magnesium 

All  Other 

Metallics 

Total 
Metallics 

lbs.  mm. 

$  mm. 

lbs.  mm. 

$  mm. 

tons  000 

$  mm. 

lbs.  000 

$  mm. 

$  mm. 

$  mm. 

1941 

512 

17.5 

460 

15.5 

516 

1.4 

11 

_ 

5.6 

395.2 

1942 

512 

19.8 

512 

17.2 

545 

1.5 

809 

.4 

7.9 

391.5 

1943 

611 

24.4 

444 

16.7 

641 

2.0 

7,154 

2.1 

10.4 

356.6 

1944 

512 

23.7 

305 

13.7 

553 

1.9 

10,580 

2.6 

5.3 

308.1 

1945 

517 

33.3 

347 

17.3 

1,135 

3.6 

7,359 

1.6 

3.3 

317.0 

1946 

471 

36.8 

354 

23.9 

1,550 

6.8 

321 

.1 

3.4 

290.4 

1947 

416 

46.7 

323 

44.2 

1,919 

9.3 

* 

* 

6.2 

395.1 

1948 

468 

65.2 

335 

60.3 

1,337 

7.5 

* 

* 

8.6 

488.2 

1949 

577 

76.4 

320 

50.5 

3,675 

21.2 

* 

* 

5.6 

539.0 

1950 

626 

98.0 

331 

47.9 

3,605 

23.4 

* 

1.2 

5.8 

617.2 

1951f 

668 

132.9 

305 

56.1 

4,736 

26.7 

* 

2.6 

9.7 

732.8 

NON-METALLIC  MINERALS 


Coal 

Petroleum 

Natural  Gas 

Asbestos 

Salt 

tons  000 

$  mm. 

bbl.  000 

$  mm. 

cu.  ft. 
billions 

$  mm. 

tons  000 

$  mm. 

tons  000 

$  mm. 

1941 

18,226 

58.1 

10,134 

14.4 

43 

12.7 

478 

21.5 

561 

3.2 

1942 

18,865 

62.9 

10,365 

16.0 

46 

13.3 

439 

22.7 

654 

3.8 

1943 

17,859 

62.9 

10,052 

16.5 

44 

13.2 

476 

23.2 

688 

4.4 

1944 

17,026 

70.4 

10,099 

15.4 

45 

11.4 

419 

20.6 

695 

4.1 

1945 

16,507 

67.6 

8,483 

13.6 

48 

12.3 

467 

22.8 

673 

4.1 

1946 

17,806 

75.4 

7,586 

15.0 

48 

12.2 

558 

25.2 

538 

3.6 

1947 

15,869 

77.5 

7,692 

19.6 

53 

13.4 

662 

33.0 

729 

4.4 

1948 

18,450 

106.7 

12,287 

37.4 

59 

15.6 

717 

42.2 

741 

4.8 

1949 

19,120 

110.9 

21,305 

61.1 

60 

11.6<3> 

575 

39.7 

749 

5.6 

1950 

19,139 

110.1 

29,044 

84.6 

68 

6.4<3> 

875 

65.9 

859 

7.0 

1951f 

18,750 

110.1 

48,097 

121.4 

74 

6.5»> 

967 

78.8 

962 

7.7 

Sulpher 

Gypsum 

Sodium  Sulphate 

Peat 

Moss 

All  Other  (« 

Total  <2' 

Non- 
Metallics 

Non- 

Metallic  s 

tons  000 

$  mm. 

tons  000 

$  mm. 

tons  000 

$  mm. 

tons  000 

$  mm. 

$  mm. 

$  mm. 

1941 

171 

1.7 

1,593 

2.2 

116 

.9 

28 

.6 

4.4 

119.7 

1942 

304 

2.0 

566 

1.3 

131 

1.1 

54 

1.1 

5.3 

129.5 

1943 

304 

2.0 

447 

1.4 

107 

1.0 

64 

1.5 

5.6 

131.5 

1944 

248 

1.8 

596 

1.5 

102 

1.0 

80 

1.9 

6.6 

134.7 

1945 

250 

1.9 

840 

1.8 

93 

.9 

84 

2.0 

6.4 

133.4 

1946 

235 

1.8 

1,811 

3.7 

106 

1.1 

97 

2.4 

5.9 

146.3 

1947 

222 

1.8 

2,497 

4.7 

163 

1.8 

80 

2.3 

6.7 

165.2 

1948 

229 

1.8 

3,217 

5.5 

154 

2.1 

90 

2.8 

8.0 

227.0 

1949 

262 

2.0 

3,014 

5.4 

120 

1.6 

80 

2.4 

7.8 

248.2 

1950 

301 

2.2 

3,666 

6.7 

131 

1.6 

75 

2.3 

9.0 

295.9 

1951f 

369 

3.0 

3,374 

5.6 

189 

2.3 

79 

2.5 

11.9 

349.8 

(1)  For  the  years  1945-50  inclusive  the  figures  represent  the  metal  content  of  concentrates  produced  from  nickel-copper  ores.       For  earlier  years  figures  refer  to 
refined  metals  recovered  and  the  contents  of  concentrates  sold. 

(2)  Excluding  clay  products  and  other  structural  materials. 

(3)  Includes  Alberta  production  valued  at  the  well  head;  value  figures  for  Alberta  prior  to  1949  include  some  gas  at  a  higher  value  than  at  the  well  head.  Ontario 
production  for  1950  and  51  valued  at  wholesale  price  rather  than  retail  as  in  previous  years. 

*     Not  available.  t  Preliminary. 


13 


JANUARY  1952 


XII— WHOLESALE  PRICES 

Index  1935-39  =  100 
CANADA 

Dominion  Bureau 
of  Statistics 


Farm  Products* 

Raw& 

Fully  & 

Partly 

Chiefly 

Total 

Manu- 

Manu- 

Field t 

Animal 

Total  f 

factured 

factured 

Average  of  Months 

1926 

158.5 

130.2 

144.4 

129.1 

133.0 

130.3 

1932 

60.4 

70.5 

65.5 

75.5 

92.8 

86.9 

1937 

128.9 

106.0 

107.4 

113.7 

104.4 

107.7 

1948 

200.6 

263.7 

232.1 

196.3 

192.4 

193.4 

1949 

191.9 

265.4 

228.7 

197.1 

199.2 

198.3 

1950 

191.9 

281.4 

236.7 

212.8 

211.0 

211.2 

1951 

187.9 

336.9 

262.4 

237.7 

242.5 

240.1 

Monthly 

1950— Nov. 

187.9 

290.5 

239.2 

221.9 

223.2 

222.4 

Dec. 

188.2 

298.4 

243.3 

225.1 

225.7 

225.2 

1951— Jan. 

191.1 

310.9 

251.0 

231.1 

233.6 

232.3 

Feb. 

195.5 

329.6 

262.5 

237.1 

240.0 

238.5 

Mar. 

198.8 

347.2 

273.0 

238.8 

244.1 

241.8 

Apr. 

199.2 

331.6 

265.4 

238.6 

244.9 

242.2 

May 

194.6 

336.1 

265.3 

238.9 

244.4 

241.9 

June 

192.0 

353.1 

272.6 

242.9 

243.7 

242.7 

July 

195.4 

358.9 

277.1 

242.5 

246.6 

244.2 

Aug. 

164.6 

348.3 

256.4 

237.1 

245.1 

241.5 

Sept. 

168.5 

339.2 

253.9 

235.8 

243.7 

240.1 

Oct. 

175.0 

330.3 

252.6 

236.3 

242.7 

239.6 

Nov. 

188.2 

328.5 

258.4 

237.0 

241.4 

239.1 

Dec. 

191.3 

329.1 

260.2 

235.9 

239.7 

237.6 

U.S.A. 

Bureau 
of  Labor  Statistics™ 


U.K. 

Board  of 
Traded 


Farm 
Products 

Raw 
Materials 

Manu- 
factured 
Products 

Total 

131.6 

130.2 

120.8 

124.1 

63.4 

71.7 

84.9 

80.4 

113.7 

110.4 

105.3 

107.1 

247.9 

232.4 

192.5 

204.9 

217.7 

213.2 

182.6 

192.2 

224.2 

224.5 

189.4 

200.4 

258.3 

250.7 

211.2 

223.9 

241.7 

240.2 

199.4 

213.0 

246.6 

243.6 

204.0 

217.5 

255.5 

250.8 

209.1 

223.4 

266.6 

259.2 

212.0 

227.8 

268.2 

259.6 

212.3 

228.3 

266.4 

257.4 

212.7 

227.8 

262.6 

254.6 

212.8 

226.9 

261.3 

253.5 

212.0 

225.4 

255.3 

247.3 

211.5 

222.6 

250.8 

244.1 

210.6 

220.8 

248.9 

243.5 

210.4 

220.3 

253.0 

246.0 

210.5 

221.0 

256.7 

246.9 

210.3 

221.2 

254.7 

245.8 

210.0 

220.6 

Total 


124.8 
86.2 
109.5 
220.9 
231.7 
264.7 
321.8 

291.0 
294.4 

302.1 
307.8 
315.8 
321.0 
322.0 
323.3 
322.2 
325.9 
327.5 
331.1 
330.9 
332.5 


(1)  Adjusted  to  193S-39  =  100  from  base  1926  =  100. 

(2)  Adjusted  to  1935-39  =  100  from  base  1913  =  100  in  the  years  1926  to  1929  inclusive  and  from  base  1930  =  100  thereafter. 

*     An  independent  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index".        Prices  include  subsidies.        Participation 
payments  are  included  and  the  series  revised  whenever  such  payments  are  announced.  t  Revised  from  Aug.  1950  to  July  1951  to  include  final  payment 

for  wheat,  oats  and  barley  for  crop  year  1950-51. 

EXPORT,    IMPORT   AND    GENERAL   WHOLESALE    PRICE    INDEXES 

INDEX  1948=  100  INDEX  1948= I  00 


Largely  based  on  declared  values  of  exports  and  imports  at  prices  prevailing  on  placement  of  orders  rather  than  at  time  of  shipment. 


JANUARY  1952 


Index  1935-39=100 


14 


XIII— COST  OF  LIVING* 

Dominion  Bureau  of  Statistics 


Food 

Fuel  and 
Lighting 

Clothing 

Rent 

Home 
Furnishings 
and  Services 

Miscellaneous 

Total 
Index 

Weighting 

31 

6 

12 

19 

9 

23 

100 

Average  of  Months 

1932 

85.7 

106.8 

100.6 

109.7 

100.4 

99.0 

1937 

103.2 

98.9 

101.4 

99.7 

101.5 

100.1 

101.2 

1946 

140.4 

107.4 

126.3 

112.7 

124.5 

112.6 

123.6 

1947 

159.5 

115.9 

143.9 

116.7 

141.6 

117.0 

135.5 

1948 

195.5 

124.8 

174.4 

120.7 

162.6 

123.4 

155.0 

1949 

203.0 

131.1 

183.1 

123.0 

167.6 

128.8 

160.8 

1950 

210.9 

138.3 

182.3 

132.9 

169.2 

132.6 

166.5 

1951 

241.1 

147.1 

203.1 

140.0 

194.4 

141.3 

184.5 

First  of  Month 

1950— Aug. 

216.7 

138.4 

180.9 

134.9 

168.9 

132.5 

168.5 

Sept. 

218.8 

140.8 

182.3 

135.5 

171.1 

132.8 

169.8 

Oct. 

220.1 

141.0 

183.5 

135.5 

172.7 

133.3 

170.7 

Nov. 

218.6 

140.6 

184.5 

136.4 

174.8 

133.4 

170.7 

Dec. 

218.8 

140.7 

184.9 

136.4 

176.4 

134.1 

171.1 

1951-Jan. 

220.2 

141.5 

187.1 

136.4 

179.8 

135.8 

172.5 

Feb. 

224.4 

141.7 

192.4 

136.4 

185.1 

137.0 

175.2 

Mar. 

233.9 

146.5 

196.3 

137.6 

188.6 

137.8 

179.7 

Apr. 

238.4 

146.7 

198.8 

137.6 

190.7 

138.8 

181.8 

May 

235.4 

146.2 

201.5 

137.6 

194.9 

140.7 

182.0 

June 

239.8 

146.2 

202.5 

139.8 

197.1 

141.0 

184.1 

July 

249.7 

147.2 

202.9 

139.8 

197.4 

142.2 

187.6 

Aug. 

251.4 

148.2 

204.6 

139.8 

199.0 

143.7 

188.9 

Sept. 

251.1 

149.5 

206.9 

142.7 

199.1 

144.0 

189.8 

Oct. 

249.7 

150.2 

213.8 

142.7 

200.1 

144.3 

190.4 

Nov. 

250.2 

•    150.8 

214.6 

144.8 

199.9 

144.9 

191.2 

Dec. 

249.3 

150.8 

215.5 

144.8 

200.6 

144.9 

191.1 

1952— Jan. 

250.0 

151.2 

215.3 

144.8 

201.1 

145.7 

191.5 

*  Components  were  selected  and  weighted  on  the  basis  of  1938  family  incomes  ranging  from  $450-$2,500,  with  incomes  between  $l,00O-$l,600  most  common. 


COST   OF    LIVING 

CONTRIBUTION  TO  TOTAL  PERCENTAGE  INCREASE 


PERCENT 


PERCENT 


JULY  1,1950  JAN.  1,1951 

TO  JAN  1,1951      TO  JULY  1,1951 


JULY  1,1950  JAN.  1,1951  JULY  1,1951 

TO  JAN  1,1951     TO  JULY  1,1951     TOJAN.1,1952 


15 


JANUARY  1952 


XIV— WHEAT  :  WORLD  SUPPLIES' 


Compiled  from  Dominion  Bureau  of  Statistics  Publications,  U.  S.  Dept.  of  Agriculture  "Agricultural  Statistics", 

Millions  of  Bushels 

Broomhall  s  "Corn  Trade  News"  and  Sanford  Evans 

"Grain  Trade  Year  Book" . 

Average 

(4) 

(S) 

Crop  Years(1) 

1935/36 
-39/40 

1943/44 

1944/45 

1945/46 

1946/47 

1947/48 

1948/49 

1949/50 

1950/51 

1951/52 

1.  Old  Stocks- 

Chief  Exporters: 

Canada (2) 

101 

595 

357 

258 

74 

86 

78 

102 

112 

186 

U.S.A. 

155 

619 

317 

279 

100 

84 

196 

308 

427 

396 

Australia 

46 

190 

150 

43 

60 

.  50 

90 

80 

105 

80 

Argentina 

98 

275 

275 

160 

103 

112 
332 

118 

108 

88 

70 

Total 

400 

1,679 

1,099 

740 

337 

482 

598 

732 

732 

2.  Production  for 

Export — 

Chief  Exporters : 

Canada 

198 

105 

245 

156 

252 

187 

257 

235 

315 

412 

U.S.A. 

74 

392 

68 

214 

385 

601 

618 

420 

327 

258 

Australia 

115 

25 

52 

63 

38 

156 

106 

132 

109 

85 

Argentina 

119 

84 

23 

6 

70 

101 

51 
1,032 

72 

83 

7 

Total 

506 

178 

238 

439 

745 

1,045 

859 

834 

748 

3.  Production  in 

Other  Countries: 

France 

287 

243 

256 

184 

250 

150 

300 

297 

283 

265 

Germany 

92W 

160 

140 

97 

92 

63<3> 

74(3) 

91(3) 

96<»> 

102<3> 

Italy 

278 

237 

236 

168 

238 

205 

250 

275 

285 

260 

Spain 

158 

89 

115 

73 

133 

103 

110 

110 

130 

165 

United  Kingdom 

62 

129 

117 

81 

73 

62 

88 

82 

94 

80 

Other 

1,694 

1,558 

1,463 
2,327 

1,209 

1,376 

1,253 

1,567 

1,550 

1,610 

1,636 

Totalf 

2,571 
3,477 

2,416 
3,917 

1,812 

2,162 

1,836 

2,389 

2,405 
3,862 

2,498 

2,508 

TOTAL*  (1+2+3) 

3,664 

2,991 

3,244 

3,213 

3,903 

4,064 

3,988 

*  Excluding  U.S.S.R.  and  China  and  after  deducting  consumption  in  the  chief  exporting  countries.         t  Excluding  U.S.S.R.  and  China.         (1)  Canada, 
Australia  and  Argentina  Aug.-July;  U.S.A.  July-June.       (2)   Including  Canadian  wheat  in  U.S.A.       (3)  Western  Germany.       (4)  Preliminary.      (5)  Estimates. 


WHEAT  :    FOUR   CHIEF   EXPORTERS  :    SUPPLIES   AND    EXPORTS 


MILLIONS    Of   BUSHELS 


CANADA 


CROP  YEARS"' 


U.  S.  A. 


MILLIONS  OF  BUSHELS 


MILLIONS  OF  BUSHELS 


1947/48     1948/49    1949/50    1950/51      1951/52 

AUSTRALIA 


ARGENTINA 


MILLIONS  OF   BUSHELS 


i»35*e-3»/«o       1947/48     1948/49    1949/50    1950/51     1951/52* 
(1)    See  footnote  (1)  to  table  above.        (2)   Production  minus  domestic  consumption.        (3)   Portion  of  old  stocks  used  for  home  consumption. 
*     Preliminary. 


JANUARY  1952 


16 


Millions  of  Dollars 


XV— EXPORTS  AND  IMPORTS  BY  COUNTRIES 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 
MERCHANDISE  EXPORTS0'* 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.K. 

Union 

Other 

Western 

Central 

Total 

Non- 
monetary 

U.S.A. 

U.K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Gold 

cies 

South 
Africa 

Area 
(3) 

Colonies 
(4) 

South 
America 

(S) 

Countries 

Exports 

Calendar  Years 

1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951«» 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

Monthly 

1950-June 

178.9 

52.9 

3.7 

5.5 

9.1 

17.6 

15.0 

6.8 

289.4 

15.0 

July 

170.1 

31.9 

4.9 

4.3 

9.7 

19.4 

11.2 

4.1 

255.5 

14.8 

Aug. 

170.9 

41.4 

3.8 

2.0 

6.1 

18.2 

14.6 

6.1 

263.2 

13.8 

Sept. 

195.5 

34.6 

5.3 

3.6 

8.2 

15.8 

17.0 

4.9 

285.0 

10.8 

Oct. 

207.2 

45.9 

4.3 

4.9 

7.0 

23.5 

15.4 

5.9 

314.0 

16.4 

Nov. 

196.0 

39.7 

4.7 

2.9 

11.9 

25.4 

13.9 

6.6 

301.0 

12.3 

Dec. 

190.5 

36.2 

3.2 

2.6 

11.4 

20.7 

13.1 

4.4 

282.0 

11.3 

1951-Jan. 

191.2 

40.0 

4.8 

3.9 

10.4 

16.2 

14.1 

10.8 

291.4 

17.3 

Feb. 

155.4 

33.0 

3.8 

1.2 

10.1 

14.6 

11.4 

7.8 

237.4 

11.7 

Mar. 

193.8 

S8.9 

4.7 

3.6 

13.4 

14.5 

12.5 

9.9 

291.4 

8.4 

Apr. 

188.5 

43.8 

5.2 

6.5 

11.4 

17.8 

14.9 

15.2 

303.4 

16.2 

May 

206.2 

51.4 

6.3 

4.3 

9.2 

20.6 

18.0 

15.9 

331.9 

13.0 

June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

69 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec.w 

189.2 

57.3 

6.6 

3.8 

14.2 

38.6 

27.4 

16.1 

353.0 

18.3 

Millions  of  Dollars 


MERCHANDISE  IMPORTS* 


Excess  of 

TOTAL  IM 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.  K. 

Dependen- 

or 

Sterling 

Europe  & 

and 

Other 

All 

Merch- 

(2) 

cies 

South 
Africa 

Area 

(3) 

Colonies 
(4) 

South 
America 

(5) 

Countries 

andise 
Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2,130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

12  Mths.  end'g 

Nov.  1951  <6> 

2,792 

432 

169 

5 

141 

181 

271 

85 

4,076 

187 

Monthly 
1950-July 

170.6 

32.7 

12.6 

.3 

9.1 

9.8 

18.2 

6.1 

259.5 

3.9 

Aug. 

172.6 

34.3 

14.1 

.2 

7.3 

10.9 

21.9 

6.0 

267.3 

4.0 

Sept. 

177.4 

36.2 

14.7 

.6 

8.4 

11.0 

25.4 

6.0 

279.7 

5.3 

Oct. 

208.3 

41.6 

14.8 

.5 

12.2 

13.8 

22.0 

7.3 

320.5 

6.5 

Nov. 

214.8 

39.5 

16.0 

.8 

13.8 

15.3 

20.6 

6.5 

327.3 

26.3 

Dec. 

182.3 

32.0 

11.7 

.2 

8.3 

10.4 

16.2 

5.1 

266.3 

15.7 

1951-Jan. 

233.3 

33.9 

12.5 

.2 

10.2 

9.5 

22.1 

5.4 

327.1 

35.7 

Feb. 

199.0 

27.8 

7.8 

.4 

6.7 

9.1 

17.0 

6.2 

274.2 

36.7 

Mar. 

245.7 

30.4 

12.2 

.5 

12.3 

11.4 

22.5 

7.4 

342.5 

51.1 

Apr. 

278.3 

48.9 

12.7 

.5 

9.2 

14.1 

22.2 

7.0 

393.0 

89.7 

May 

273.2 

43.2 

19.7 

.8 

11.6 

18.5 

27.3 

10.5 

404.7 

72.8 

June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov.'6' 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec.'" 

203.5 

19.4 

273.4 

79.8 

*  Commencing  April  1.  1949,  external  trade  of  Newfoundland  is  included 
and  Canadian  trade  with  Newfoundland,  formerly  in  the  "All  Other" 
category,  disappears. 

(1)  Includes  exports  of  foreign  produce.  In  the  case  of  wheat,  export  figures 
are  based  on  Board  of  Grain  Commissioners  rather  than  Customs  data. 
Excludes  defence  equipment  transferred  by  Canada  to  North  Atlantic 
Treaty  countries  which  in  1950  and  the  first  10  months  of  1951  amounted 
to  61.8  and  99.6  million  dollars  respectively. 

(2)  Imports  from  the  United  Kingdom  do  not  include  articles  imported  for 


(3) 

(4) 
(5) 

(6) 


the  use  of  the  armed  forces  of  the  United  Kingdom.   In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)  and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded. 

Consists  of  Erie,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 

Ceylon  and  Iraq.     Egypt  is  included  in  All  Other. 

Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

Includes  Egypt,  Spain,  Palestine,  and  also  Newfoundland  until  March  31. 

1949. 

Preliminary.         (7)  Estimates. 


17 


XVI 


JANUARY  1952 
MERCHANDISE  EXPORTS  :  COMMODITY  CLASSIFICATION  BY*  VOLUME'" 

Compiled  from  "Trade  of  Canada" ,  Dominion  Bureau  of  Statistics 


Wheat  <2> 

Wheat 
Flour 

Oats, 

Barley, 

Rye 

Live 
Cattle 

Beef 

Bacon 

and 
Hams 

Cheese 

Milk 
(powdered 
condensed 
evapo- 
rated) 

Fish 
(fresh 

and 
frozen) 

Fish 

(canned 

and  salted 

etc.) 

Planks 

and 
Boards 

Pulpwood 

mm.  bus. 

mm.  bbls. 

mm.  bus. 

.000 

.000  cwt. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  ft. 

.000  cords 

Calendar  Years 

1929 

211 

10 

27 

254 

301 

29 

93 

32 

122 

295 

1,755 

1,295 

1932 

228 

5 

34 

33 

41 

36 

87 

25 

84 

174 

674 

529 

1937 

106 

4 

17 

322 

161 

196 

89 

33 

140 

184 

1,858 

1,543 

1946 

183 

15 

40 

105 

1,306 

289 

106 

77 

256 

259 

2,069 

1,759 

1947 

150 

18 

23 

83 

426 

236 

56 

80 

203 

271 

2,726 

1,883 

1948 

145 

12 

54 

371 

1,228 

205 

40 

90 

212 

221 

2,460 

2,188 

1949 

211 

10 

52 

421 

1,002 

67 

53 

72 

205 

251 

2,181 

1,503 

1950 

162 

10 

41 

459 

840 

79 

63 

56 

267 

284 

3,575 

1,612 

12-mths  ending 

Nov.  1951 

228 

12 

106 

271 

993 

10 

31 

36 

249 

276 

3,406 

2,623 

Monthly 

1950-Aug. 

12.4 

.9 

1.6 

33.0 

105.4 

2.2 

13.4 

6.6 

41.3 

20.0 

363.2 

174.7 

Sept. 

14.1 

.5 

2.7 

36.0 

70.6 

1.0 

10.7 

6.4 

39.2 

26.9 

407.3 

166.2 

Oct. 

13.9 

.8 

3.5 

41.5 

65.8 

5.5 

7.9 

7.1 

36.1 

27.1 

417.4 

198.2 

Nov. 

17.8 

1.1 

5.0 

58.7 

81.7 

6.5 

4.3 

3.9 

27.2 

36.8 

304.2 

169.3 

Dec. 

10.2 

.9 

11.3 

40.3 

69.9 

4.6 

1.0 

1.1 

13.8 

27.2 

229.2 

141.9 

1951-Jan. 

11.8 

1.3 

4.0 

22.5 

43.3 

2.4 

.5 

1.0 

24.1 

31.1 

264.1 

180.3 

Feb. 

10.2 

1.0 

2.6 

20.8 

26.5 

.5 

.7 

1.1 

14.9 

23.8 

241.2 

182.9 

Mar. 

11.1 

1.2 

2.3 

27.3 

26.5 

.4 

.3 

1.3 

14.0 

23.4 

296.9 

218.4 

Apr. 

12.7 

1.3 

1.6 

24.1 

60.8 

.6 

.2 

1.8 

12.7 

22.1 

303.7 

154.1 

May 

17.7 

1.5 

10.4 

25.1 

151.2 

.4 

.1 

3.5 

16.4 

17.1 

286.1 

114.4 

June 

25.5 

1.0 

10.2 

18.4 

177.3 

.3 

1.3 

3.4 

15.2 

21.6 

265.7 

224.9 

July 

27.7 

1.2 

13.8 

12.1 

154.3 

.2 

2.6 

4.7 

20.3 

20.9 

318.6 

290.5 

Aug. 

19.2 

.7 

10.9 

15.5 

77.8 

.2 

4.6 

6.3 

24.0 

17.8 

315.2 

295.3 

Sept. 

19.1 

.5 

11.0 

20.4 

71.3 

.1 

6.2 

3.8 

23.9 

20.0 

281.8 

258.4 

Oct. 

27.6 

.9 

12.7 

22.8 

89.5 

.2 

8.1 

3.1 

38.7 

26.5 

318.1 

321.2 

Nov. 

35.5 

.9 

15.2 

21.5 

44.3 

.3 

5.1 

5.1 

30.8 

24.8 

285.3 

241.3 

Wood 
Pulp 

News- 

Autos 
and 

Aluminum 
(unmanu- 

Copper 
(unmanu- 

Lead 
(unmanu- 

Zinc 
(unmanu- 

Nickel 
(unmanu- 

Silver 
(unmanu- 

Asbestos 
(unmanu- 

Fertilizer 

Non- 
Monetary 

print 

Trucks 

factured) 

factured) 

factured) 

factured) 

factured) 

factured) 

factured) 

Gold 

.000  tons 

.000  tons 

.000 

.000  tons 

.000  tons 

.000  tons 

.000  tons 

.000  tons 

.000  fine  oz 

.000  tons 

.000  tons 

.000 fine  oz 

Calendar  Years 

1929 

831 

2,515 

102 

38 

123 

122 

84 

55 

21,938 

292 

222 

1,872 

1932 

452 

1,777 

13 

10 

133 

109 

88 

16 

16,992 

112 

124 

3,013 

1937 

871 

3,455 

66 

50 

219 

185 

170 

111 

20,389 

391 

273 

4,128 

1946 

1,419 

3,858 

68 

196 

136 

110 

207 

112 

4,180 

520 

780 

2,600 

1947 

1,699 

4,221 

84 

228 

142 

132 

183 

117 

10,237 

637 

791 

2,851 

1948 

1,798 

4,328 

48 

333 

178 

109 

206 

132 

8,729 

690 

692 

3,423 

1949 

1,549 

4,705 

30 

397 

199 

135 

281 

127 

10,267 

535 

706 

3,866 

1950 

1,846 

4,938 

34 

353 

188 

136 

282 

122 

11,849 

830 

742 

4,283 

12'mths  ending 

Nov.  1951 

2,228 

5,158 

55 

398 

148 

130 

302 

128 

17,303 

938 

636 

3,882 

Monthly 

1950-Aug. 

156.2 

394.1 

2.1 

30.4 

12.8 

14.4 

25.6 

8.2 

1,006.2 

71.0 

48.2 

358.4 

Sept . 

170.4 

406.4 

3.0 

10.4 

16.8 

12.8 

28.7 

10.3 

970.6 

80.9 

58.3 

281.8 

Oct. 

180.8 

502.0 

3.2 

48.8 

15.2 

20.7 

21.0 

10.7 

529.6 

88.2 

53.6 

445.3 

Nov. 

181.5 

409.8 

4.2 

10.0 

11.7 

14.7 

31.0 

9.4 

1,880.8 

86.4 

61.7 

340.6 

Dec. 

172.2 

421.5 

3.0 

42.8 

13.7 

17.9 

20.5 

8.9 

1,200.1 

73.5 

65.2 

304.9 

1951-Jan. 

175.6 

408.1 

.6 

30.7 

13.0 

11.9 

28.8 

12.2 

1,397.8 

77.5 

58.1 

472.0 

Feb. 

149.6 

357.8 

.9 

22.4 

10.3 

7.1 

11.4 

7.9 

1,316.3 

53.5 

55.4 

321.1 

Mar. 

185.4 

436.6 

3.0 

32.4 

10.8 

11.7 

19.8 

11.2 

2,142.5 

99.8 

37.8 

229.4 

Apr. 

176.1 

424.1 

5.8 

38.4 

18.1 

9.5 

19.2 

11.6 

963.9 

89.0 

48.7 

438.9 

May 

188.6 

469.4 

3.6 

36.9 

10.6 

15.0 

22.6 

9.4 

1,473.9 

83.2 

74.6 

349.4 

June 

191.2 

390.2 

2.4 

9.9 

12.0 

6.1 

28.1 

8.9 

1,377.0 

79.8 

64.8 

373.1 

July 

201.6 

484.6 

4.8 

44.0 

13.7 

9.3 

36.9 

12.2 

1,518.4 

73.5 

41.5 

361.8 

Aug. 

211.0 

466.0 

4.4 

49.5 

9.3 

8.2 

25.6 

11.2 

1,776.9 

81.1 

50.3 

300.1 

Sept. 

186.1 

398.4 

7.1 

30.4 

11.8 

10.4 

29.4 

10.4 

1,538.1 

80.2 

46.0 

294.9 

Oct. 

202.6 

453.3 

9.5 

33.7 

10.7 

9.0 

28.1 

12.4 

888.8 

81.8 

41.0 

223.3 

Nov. 

187.6 

447.8 

9.9 

27.3 

12.4 

13.4 

31.8 

11.6 

1,709.3 

65.6 

52.9 

212.7 

(1)  Includes  foreign  trade  of  Newfoundland  as  from  April  1,  1949.     Where  quantity  is  shown  in  tons,  a  short  ton  of  2000  lbs.  has  been  used. 

(2)  After  July  1936,  export  clearance  figures  are  based  on  Board  of  Grain  Commissioners  rather  than  Customs  data. 


JANUARY  1952 

XVII— MERCHANDISE  IMPORTS  :  COMMODITY  CLASSIFICATION  BY  VOLUME<1) 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 


18 


Cotton 

Cotton 

Wool 

Wool 

(yarns, 

fabrics 

and 

worsteds) 

Bananas 

Oranges 

Fresh 
Vegetables 

Sugar 

Coffee 

Tea 

Cocoa 

Distilled 
Beverages 

(raw  and 
unmanu- 

(thread, 
yarns  and 

(raw  and 
unmanu- 

factured) 

fabrics) 

factured) 

.000  cwt. 

.OOOcu.ft 

mm.  lbs. 

.000  cwt. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

.000  gals. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

Calendar  Years 

1929 

3,944 

* 

* 

9,510 

28 

39 

25 

2,526 

151 

* 

19 

* 

1932 

3,098 

4,341 

131 

8,684 

31 

40 

20 

929 

107 

18 

18 

9 

1937 

3,528 

5,023 

213 

9,297 

38 

40 

27 

1,309 

171 

28 

37 

14 

1946 

5,322 

11,499 

698 

8,773 

85 

30 

61 

2,153 

193 

55 

65 

13 

1947 

3,649 

10,654 

388 

10,143 

51 

47 

34 

2,527 

205 

84 

52 

16 

1948 

3,332 

9,589 

187 

12,439 

88 

36 

41 

2,378 

184 

49 

61 

17 

1949 

2,997 

8,336 

366 

12,446 

98 

43 

46 

2,632 

221 

52 

45 

15 

1950 

2,843 

8,467 

562 

12,782 

83 

55 

46 

2,257 

246 

42 

51 

13 

12-mths  ending 

Nov.  1951 

2,691 

9,776 

499 

11,288 

86 

44 

30 

3,029 

224 

50 

47 

13 

Monthly 

1950-Aug. 

325.5 

626.7 

5.2 

1,299.0 

7.5 

3.9 

6.9 

182.2 

17.9 

3.5 

5.0 

1.2 

Sept. 

247.6 

535.8 

6.9 

1,018.8 

9.2 

3.7 

4.4 

213.7 

23.8 

3.1 

3.7 

1.0 

Oct. 

216.1 

497.0 

18.0 

2,131.0 

8.6 

5.7 

1.7 

203.2 

26.9 

3.9 

4.3 

1.1 

Nov. 

199.5 

625.7 

22.7 

1,419.8 

8.0 

3.6 

3.2 

301.6 

22.6 

3.7 

3.4 

1.2 

Dec. 

165.3 

1,236.1 

26.7 

768.3 

4.7 

4.1 

2.4 

289.5 

27.3 

3.3 

4.0 

1.0 

1951-Jan. 

162.6 

803.7 

37.7 

453.1 

7.2 

5.2 

2.2 

280.7 

24.3 

6.4 

3.7 

1.4 

Feb. 

153.3 

812.9 

35.0 

250.7 

8.8 

2.1 

2.5 

193.5 

15.8 

5.3 

4.1 

1.2 

Mar. 

176.5 

936.8 

56.9 

451.7 

8.9 

4.8 

2.6 

313.6 

27.3 

5.8 

4.3 

1.1 

Apr. 

241.5 

830.8 

71.4 

803.3 

7.9 

3.9 

3.2 

231.1 

24.3 

7.1 

5.5 

1.8 

May 

281.6 

901.3 

88.8 

1,504.5 

7.6 

3.7 

1.1 

288.0 

25.7 

4.4 

3.8 

1.3 

June 

328.2 

847.5 

93.4 

1,240.5 

5.3 

4.0 

3.1 

201.3 

14.6 

3.3 

3.9 

1.0 

July 

299.1 

749.1 

37.2 

1,123.7 

6.7 

3.0 

7.2 

186.8 

6.8 

3.2 

5.8 

1.2 

Aug. 

291.1 

709.4 

7.0 

1,869.1 

6.3 

2.4 

1.5 

198.5 

8.2 

3.1 

5.3 

1.0 

Sept. 

219.4 

612.8 

4.6 

1,127.2 

5.5 

2.5 

.8 

204.7 

10.3 

2.4 

3.2 

.7 

Oct. 

193.7 

648.3 

16.6 

1,109.5 

7.8 

3.7 

.9 

356.1 

13.2 

2.9 

1.3 

.6 

Nov. 

178.7 

687.1 

22.7 

586.3 

9.3 

4.4 

1.3 

284.8 

25.8 

3.4 

1.4 

.6 

Crude 
Rubber 

Iron 
Ore 

Pigs, 

Ingots, 

Blooms 

&  Billets 

Bars, 

Rods 

and  Rails 

Sheets 

and 

Plates 

Structural 
Iron 

Autos 

and 

Trucks 

Bauxite 
Ore 

Tin 

Coal 

Crude 
Petroleum 

Gasoline, 
Kerosene 

and 
Fuel  Oils 

mm.  lbs. 

.000  tons 

.000  tons 

.000  tons 

.000  tons 

.000  tons 

.000 

.000  tons 

.000  cwts. 

mm.  tons 

mm.  gals. 

mm.  gals. 

Calendar  Years 

1929 

80 

2,448 

86 

257 

653 

381 

45 

145 

57 

18 

1,067 

275 

1932 

47 

68 

11 

28 

255 

31 

1 

52 

31 

12 

910 

193 

1937 

81 

2,125 

20 

60 

491 

76 

20 

304 

59 

15 

1,362 

126 

1946 

30 

2,282 

20 

91 

487 

129 

22 

1,286 

84 

26 

2,219 

337 

1947 

77 

3,945 

21 

120 

483 

235 

43 

1,400 

89 

29 

2,418 

764 

1948 

96 

4,300 

62 

110 

460 

218 

21 

2,015 

81 

31 

2,717 

748 

1949 

90 

2,517 

84 

118 

601 

221 

39 

1,794 

82 

22 

2,649 

584 

1950 

104 

3,071 

60 

98 

551 

189 

89 

1,862 

108 

27 

2,805 

832 

12'tnths  ending 

Nov.  1951 

111 

3,792 

129 

186 

750 

366 

53 

2,391 

134 

27 

2,963 

934 

Monthly 
1950-Aug. 

9.3 

455.3 

5.2 

6.5 

44.6 

13.5 

7.3 

216.9 

12.7 

2.6 

235.9 

100.9 

Sept. 

11.0 

596.5 

11.6 

9.7 

52.3 

16.5 

6.6 

350.7 

12.6 

2.8 

281.5 

95.6 

Oct. 

9.6 

416.9 

4.0 

17.2 

63.2 

20.8 

8.0 

320.7 

11.2 

3.0 

284.4 

104.9 

Nov. 

6.8 

541.0 

15.3 

15.5 

72.0 

21.1 

9.1 

326.7 

16.6 

3.0 

274.2 

100.3 

Dec. 

10.2 

98.7 

5.5 

7.8 

45.0 

16.5 

4.9 

64.5 

6.9 

1.9 

242.1 

80.3 

1951-Jan. 

16.4 

1.0 

9.1 

13.1 

54.0 

20.9 

4.9 

39.2 

8.3 

2.0 

248.5 

52.9 

Feb. 

9.2 

1.2 

7.8 

8.0 

45.8 

18.1 

4.9 

23.8 

8.0 

1.9 

180.4 

46.5 

Mar. 

13.2 

3.7 

19.0 

9.5 

57.3 

21.7 

5.8 

19.3 

13.1 

1.4 

204.4 

53.3 

Apr. 

8.5 

43.0 

9.2 

13.1 

70.4 

30.5 

9.3 

60.2 

10.9 

1.9 

241.8 

41.9 

May 

11.2 

228.7 

5.2 

12.9 

63.6 

40.7 

8.9 

187.6 

11.8 

2.5 

271.3 

94.9 

June 

8.9 

558.0 

8.6 

15.5 

66.2 

31.3 

6.4 

227.0 

5.3 

2.5 

238.0 

84.8 

July 

8.0 

605.4 

12.0 

18.1 

73.8 

36.5 

3.7 

290.4 

11.1 

2.4 

301.4 

122.6 

Aug. 

10.3 

691.2 

17.9 

179 

64.5 

33.3 

1.4 

374.9 

8.8 

2.8 

274.3 

106.6 

Sept. 

4.6 

594.4 

7.5 

24.9 

65.0 

38.0 

.9 

353.7 

8.8 

2.3 

272.2 

87.0 

Oct. 

6.1 

685.9 

15.1 

25.8 

78.6 

40.4 

.8 

439.2 

18.0 

3.0 

259.1 

82.2 

Nov. 

4.7 

280.7 

12.4 

19.7 

65.6 

37.7 

.9 

311.0 

22.6 

2.6 

229.4 

80.7 

(1)    Includes  imports  from  Newfoundland  until  March  31.  1949  and  imports  into  Newfoundland  from  other  countries  thereafter. 
tons,  a  short  ton  of  2000  lbs.  has  been  used.         *  Not  available. 


Where   quantity    is   shown   in 


STATISTICAL  SUMMARY 

BANK  OF  CANADA 

Tables  Charts  Pages 

I     Bank  of  Canada  : 

Liabilities  and  Assets 19-20 

General  Public  Holdings  of  Certain  Liquid  Assets 19 

Factors  Affecting  General  Public  Holdings  of  Certain  Liquid  Assets     .  20 
II     Chartered  Banks: 

Liabilities  and  Assets 21-22 

III     General  Public  Holdings  of  Certain  Liquid  Assets: 

Currency,  Bank  Deposits  and  Government  of  Canada  Securities       .        .        .  21-22 

Resident  and  Non-Resident  Holdings:  Approximate  Division    ....  23 

•    IV    Government  Bond  Yields  and  Treasury  Bill  Rates 23 

V    Foreign  Exchange  Rates 24 

United  States  Dollar  in  Canadian  Funds 24 

VI     Business  Activity 25 

Unemployment  Insurance  Claims 25 

VII     Unemployment  Insurance  Statistics 26 

VIII     Gross  National  Product  and  Expenditure 27 

Gross  National  Product  and  Expenditure 28 

Gross  National  Expenditure  in  Constant  Dollars  and  Private 

and  Public  Investment 28 

IX    Personal  Income  and  Disposition  of  Personal  Income 29 

Personal  Income  and  Disposition  of  Personal  Income     ....  29 

X    Wholesale  Prices -30 

XI     Cost  of  Living 30 

XII    Average  Hourly  and  Weekly  Earnings  and  Hours  Worked 

in  Manufacturing 31 

Average  Hourly  and  Weekly  Earnings  in  Manufacturing       ...  31 

XIII  Steam  Railways:  Operating  Statistics 32 

XIV  Grains:  Acreage  and  Production 33 

XV    Merchandise  Trade:  Exports  and  Imports  by  Countries 34 

XVI     Merchandise  Imports:  Commodity  Classification  by  Value     .       .       .       .  35-36 


TABLES  AND  CHARTS  MAY   BE  REPRODUCED  OR  REFERRED  TO   PROVIDED  THAT  THE   BANE   OF 
CANADA   STATISTICAL   SUMMARY,   WITH   ITS  DATE,   IS  SPECIFICALLY  QUOTED  AS  THE     SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:   25c   per  copy,   post   free.      For   particulars   apply   to   the   Research   Department,   Bank   of  Canada,   Ottawa. 


FEBRUARY  1952 


19 

FEBRUARY  1952 

FEBRUARY  1952 

20 

] 

—BANK 

OF  CANADA 

Millions  of  Dollars 

Millions  of  Dollars 

LIABILITIES 

ASSETS 

Chartered  Bank  Cash 

Govt,  of 
Canada 
Deposits 

Other 
Deposits 

Foreign 
Currency 
Deposits'" 

Active 
B.  of  C. 

Note 
Circulation 

All 

Other 

Accounts 

Total 

Liabilities 

or 

Assets 

Gold 

Silver 

Foreign"' 
Exchange 

Securities 

Advances 

All 

Other 

Accounts 

Notes 
in  Tills 

Deposits 

at 
B.  of  C. 

Total 

Govt,  of  Canada 
and  Provincial 

Ind.  Dev. 

Bank 
Cap.  Stock 

Other 
Securities 

Total 

Under  2  yrs. 

Over  2  yrs. 

As  at  Dec.  31 
1935 
1937 
1939 

40  6 

181.6 

222.2 

17.9 

.8 

59.1 

7.7 

307.7 

180.5 

1.6 

4.2 

30.9 

83.4 

_ 

114.3 

3.5 

3.5 

As  at  Dec.  31 
1935 

53  9 

196.0 

249.9 

11.1 

3.5 

- 

111.4 

14.4 

390.3 

179.8 

3.0 

14.9 

82.3 

91.6 

- 

12.2 

186.1 

_ 

6.5 

1937 

70.6 
176.9 

217.0 

287.6 

46.3 

17.9 

- 

162.2 

13.3 

527.2 

225.7 
* 

64.3 

• 

181.9 

49.9 

• 

- 

- 

231.8 

* 

- 

5.5 

1939 

1946 

565.5 

742.3 

60.5 

93.8 

1.0 

1,009.3 

41.7 

1,948.6 

u 

- 

1.0 

1,197.4 

708.2 

15.0 

_ 

1,920.6 

_ 

27.1 

1946 

1947 

183.9 

536.2 

720.1 

68.8 

67.5 

2.0 

1,027.5 

40.4 

1,926.2 

- 

- 

2.0 

1,022.0 

858.5 

25.0 

- 

1,905.6 

- 

18.7 

1947 

1948 

190.8 

547.3 

738.1 

98.1 

81.0 

.4 

1,098.3 

42.7 

2,058.6 

- 

- 

.5 

1,233.7 

779.1 

25.0 

- 

2,037.7 

- 

20.4 

1948 

1949 

211.8 

541.7 

7S3.5 

30.7 

126.9 

79.6 

1,095.6 

39.5 

2,125.9 

- 

- 

74.2 

1,781.4 

227.8 

25.0 

5.5 

2,039.7 

- 

12.0 

1949 

1950 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

- 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

- 

24.0 

1950 

1951 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

- 

~ 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

1951 

End  of 

1950 — Nov. 

204.1 

578.8 

782.9 

.45.3 

221.0 

149.7 

1,119.4 

56.3 

2,374.6 

- 

- 

127.4 

1,170.0 

662.0 

25.0 

328.1 

2,185.1 

_ 

62.1 

End  of 
Nov.— 1950 

Dec. 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

_ 

_ 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

- 

24.0 

Dec. 

1951— Jan. 
Feb. 

219.6 

537.6 

7S7.3 

68.3 

204.4 

136.0 

1,074.8 

53.3 

2,294.1 

- 

- 

118.1 

1,171.0 

731.5 

25.0 

200.3 

2,127.7 

- 

48.2 

Jan.— 1951 

202.8 

550.5 

753.3 

69.5 

204.6 

128.9 

1,092.6 

39.8 

2,288.7 

- 

- 

117.5 

1,165.4 

757.0 

25.0 

168.7 

2,116.1 

- 

55.1 

Feb. 

185.1 

552.9 

738.0 

70.5 

206.7 

88.5 

1,134.4 

28.7 

2,266.8 

- 

- 

80.2 

1,341.9 

673.7 

25.0 

114.4 

2,155.1 

- 

31.6 

Mar. 

Apr. 

203.1 

556.1 

759.2 

56.9 

215.1 

137.7 

1,119.9 

58.9 

2,347.7 

- 

- 

129.0 

1,327.6 

722.5 

25.0 

70.6 

2,145.7 

- 

73.0 

Apr. 

214.8 

530.1 

744.8 

76.2 

221.5 

129.9 

1,122.7 

38.8 

2,334.1 

- 

- 

125.4 

1,313.7 

777.3 

25.0 

45.3 

2,161.3 

- 

47.4 

May 

177.1   . 

590.7 

767.8 

75.3 

220.1 

132.8 

1,174.2 

32.2 

2,402.4 

- 

- 

117.0 

1,335.2 

846.3 

25.0 

58.8 

2,265.4 

- 

20.1 

June 

July 

226.0 

558.2 

784.2 

91.1 

212.6 

146.7 

1,144.5 

56.2 

2,435.3 

- 

- 

117.0 

1,327.4 

872.5 

25.0 

51.4 

2,276.3 

- 

41.9 

July 

Aug. 

189.7 

580.4 

770.1 

115.0 

185.7 

143.0 

1,181.0 

62.8 

2,457.6 

- 

- 

100.1 

1,349.6 

888.1 

25.0 

44.1 

2,306.9 

- 

50.6 

Aug. 

Sept. 

195.2 

579.4 

774.6 

105.6 

140.0 

116.3 

1,192.8 

38.5 

2,367.8 

- 

- 

87.1 

1,297.6 

896.1 

25.0 

31.2 

2,249.9 

- 

30.8 

Sept. 

Oct. 

232.2 

588.3 

820.6 

210.3 

83.3 

102.1      ' 

1,174.3 

62.9 

2,453.4 

- 

- 

96.6 

1,317.5 

956.4 

25.0 

8.2 

2,307.1 

- 

49.7 

Oct. 

Nov. 

195.1 

633.8 

828.9 

66.0 

92.5 

135.1 

1,212.1 

54.4 

2,388.9 

- 

- 

128.9 

1,137.8 

1,043.1 

25.0 

18.8 

2,224.6 

- 

35.4 

Nov. 

Dec. 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

- 

- 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

Dec. 

1952— Jan. 

222.4 

629.2 

851.6 

92.8 

54.9 

99.5 

1,153.2 

53.9 

2,306.0 

- 

85.4 

1,095.4 

1,042.6 

25.0 

24.3 

2,187.2 

- 

33.3 

Jan.— 1952 

(1)  Includes  foreign  exchange  items  for  account  of  foreign  clients  and  also  Government  of  Canada  and  F.E.C.B.  commencing  March  31,  1949.     -k  May  1940  and  subseque 
gold  and  foreign  exchange  holdings,  over  and  above  its  short-term  requirements  and  necessary  working  balances,  were  sold  to  the  Foreign  Exchange  Control  Board. 

GENERAL   PUBLIC    HOLDINGS  OF   CERTAIN    LIQUID   ASSETS 

BILLIONS  OF  DOLLARS  BILLIONS  Of  DOLLARS 


nt  figures  give  effect  to  the  enactment,  under  the  War  Measures  Act,  of  the  Foreign  Exchange  Acquisition  Order  and  the  Exchange  Fund  Order.     Under  these  orders  the  Bank's 
Since  that  date  the  Bank's  minimum  gold  reserve  requirement  has  been  suspended. 

FACTORS  AFFECTING  GENERAL  PUBLIC  HOLDINGS  OF  CERTAIN  LIQUID  ASSETS 

BILLIONS  OF  DOLLARS  BILLIONS  OF  DOLLARS 


15 


14 


IMS 


JSDMJSDMJS 
1949  1950  1951  1952 

»  Total  Currency  and  Active  Bank  Deposits  plus  Inactive  Notice  Deposits  and  Government  of  Canada  Securities;  see  Table  III  and  footnotes  on 

pages  21-22. 
t  See  Table  III  and  footnotes  on  pages  21-22. 


MONTH -END   FIGURES 


GOVERNMENT  OF  CANADA  NET  DEBT  AND 
-  BANK  Or  CANADA  NET  GOLD  AND  EXCHANGE  HOLDINGS 


BANK  LOANS    AND 
NON  -  GOVERNMENT  INVESTMENTS 


14 


1 948  1949 

'  See  Table  HI  and  footnotes  on  pages  21-22. 


21 


Millions  of  Dollars 


FEBRUARY  1952  FEBRUARY  1952 

II— CHARTERED  BANKS 

Bank  of   Canada 


22 


LIABILITIES 

ASSETS 

Notes 

Deposits 

Cash 
in    (j) 
Canada 

Securities 

Loans 

Total 

Assets 

Demand 

Notice 

Govt,  of 

Canada 

and  Prov. 

Canadian 

Deposits 

(i) 

Foreign 

Total 
Deposits 

(2) 

Govt,  of 
Canada 

Prov- 
incial 

Foreign 
Govt. 

Other 

Total 

CANADA 

ABROAD 

Call 

CurTent 
Public 

Current 
Other 

Call 

Current 

As  at  Dec.  31 
1929 

175 

729 

1,434 

92 

2,270 

442 

2,820 

228 

297 

151 

448 

262 

1,403 

122 

245 

251 

3,521 

1932 

127 

466 

1,378 

72 

1,928 

329 

2,306 

211 

562 

216 

778 

103 

964 

140 

91 

152 

2,852 

1937 

102 

699 

1,583 

53 

2,387 

409 

2,819 

250 

1,111 

59 

242 

1,411 

76 

749 

113 

60 

166 

3,281 

1949 

14 

2,426 

4,433 

367 

7,348 

730 

8,177 

753 

3,112 

445 

242 

.     545 

4,345 

133 

2,174 

97 

70 

211 

8,718 

1950 

_(«> 

2,770 

4,558 

500 

7,997 

735 

8,867 

810 

3,079 

416 

193 

599 

4,286 

134 

2,651 

125 

100 

247 

9,496 

1951 

- 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

End  of 
1950— Dec. 

- 

2,770 

4,558 

500 

7,997 

735 

8,867 

810 

3,079 

416 

193 

599 

}     4,286 

134 

2,651 

125 

100 

247 

9,496 

1951— Jan. 

_ 

2,638 

4,577 

533 

7,884 

724 

8,739 

757 

3,054 

401 

188 

605 

4,248 

118 

2,671 

124 

113 

252 

9,379 

Feb. 

- 

2,612 

4,618 

445 

7,841 

734 

8,702 

753 

2,887 

398 

190 

618 

4,093 

109 

2,736 

136 

114 

256 

9,354 

Mar. 

- 

2,487 

4,614 

523 

7,753 

719 

8,625 

738 

2,801 

373 

210 

601 

3,986 

94 

2,856 

152 

96 

252 

9,284 

Apr. 

- 

2,725 

4,598 

360 

7,856 

749 

8,742 

759 

2,742 

368 

208 

607 

3,924 

87 

2,886 

161 

97 

271 

9,403 

May 

- 

2,692 

4,589 

405 

7,829 

747 

8,718 

745 

2,720 

370 

190 

606 

3,886 

92 

2,896 

170 

99 

281 

9,370 

June 

- 

2,578 

4,559 

455 

7,697 

763 

8,618 

768 

2,681 

366 

192 

598 

3,838 

82 

2,898 

164 

110 

281 

9,256 

July 

- 

2,675 

4,580 

403 

7,809 

753 

8,705 

784 

2,696 

356 

195 

594 

3,840 

84 

2,890 

153 

112 

285 

9,323 

Aug. 

- 

2,675 

4,583 

409 

7,799 

808 

8,775 

770 

2,679 

355 

210 

588 

3,832 

90 

2,912 

161 

119 

262 

9,378 

Sept. 

- 

2,651 

4,595 

391. 

7,724 

769 

8,674 

775 

2,734 

353 

208 

581 

3,876 

107 

2,901 

144 

131 

273 

9,276 

Oct. 

- 

2,907 

4,575 

270 

7,913 

784 

8,833 

821 

2,726 

342 

226 

582 

3,876 

111 

2,893 

141 

82 

290 

9,440 

Nov. 

- 

2,936 

4,616- 

276 

8,015 

784 

8,927 

829 

2,744 

357 

214 

578 

3,894 

96 

2,975 

149 

90 

285 

9,544 

Dec. 

- 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

1952— Jan. 

- 

2,703 

4,639 

363 

7,846 

762 

8,730 

852 

2,819 

•  339 

214 

556 

3,927 

107 

2,827 

128 

80 

276 

9,343 

(1)   Estimated  m 

jnth-end  dec 

osits  payabl 

»  in  Canadian  currency.         (3)  Inclu 

des  inter-bar 

k  deposits.          (3)   Unti 

Marcfcv-193. 

:  Gold  and 

Coin  in  Canada,  Domin 

on  Notes  and  "Free"  Central  Gold  Reserve  Deposits:  after  that  date:  Bank  of  Canada  Nc 

end  Canadian  dec 

osit6  in  1926 

35  and  mon 

hly  average  deposits  in  1936  and  after 

(5)  Bank  of  Canada  notes  in  public  circulation  and  until  January  1950  chartered 

bank  note  circulation,  the  latter  being,  after  September  1944,  an  approximate  figure  only 

January  1950:  lia 

>ility  for  out 

landing  not 

s  issued  for 

circulation  in 

Canada  transferred  to  Bank  of  Canada  during  January  1950. 

Millions  of  Dollars 

DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cash  to 

Active 

Deposits 

Canadian 

Note  is. 

<<> 

Deposits 

Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

792 

7,847 

10.1 

1,131 

Dec— 1950 

802 

7,890 

10.2 

1,079 

Jan.— 1951 

728 

7,766 

9.4 

1,083 

Feb. 

748 

7,655 

9.8 

1,103 

Mar. 

770 

7,734 

10.0 

1,106 

Apr. 

756 

7,731 

9.8 

1,110 

May 

768 

7,702 

10.0 

1,125 

June 

807 

7,761 

10.4 

1,139 

July 

795 

7,686 

10.3 

1,141 

Aug. 

805 

7,680 

10.5 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

Millions  of  Dollars 


III— GENERAL  PUBLIC  HOLDINGS!  OF  CERTAIN  LIQUID  ASSETS*t 
Currency,  Bank  Deposits  and  'Government  of  Canada  Securities 

Bank  of   Canada 


nd  Deposits.  (4)    Figures  given  are  averages  of  estimated  month- 

(6)    Notes  issued  for  circulation  outside  Canada  only  commencing  in 


Millions  of  Dollars 


Currency  and  Active  Bank  Deposits 

Total 

Currency 

and 

Active 

Bank 

Deposits 

(8) 
Inactive 
Chartered 
Bank 
Notice 
Deposits 

Govt,  of 
Canada 
Securities 

OHIO) 

Total 

Related  Factors** 

Currency 
Outside  Banks 

Active  Bank  Deposit 

S 

Govt,  of  Canada  Direct  and  Guaranteed  Funded  Debt<» 

Bank"2' 
Loans 
&Non- 
Govt. 
Invest- 
ments 

Bk.ofCan 
Gold  and 
Exchange 
Holdings 
(Net) 

Deduct 

All 

Other 

{Net) 

(id 

Chartered  Banks 

(7) 
Bank  of 
Canada 
"Other" 
Deposits 

Total 

Held  by  Bk.  of  Can.  &  Ch.  Bks. 

Held  by  Other  Investors 

Notes'" 

Coin"' 

Total 

(3) 

Demand 

Active'*' 
Notice 

Other«> 

excl. 

Govt. 

of  Canada 

Total 

Deduct^ 
Float 

Net 
Total 

Total 

Deduct"" 
Govt,  of 
Canada 
Deposits 

Net 
Total 

Total 

Deduct 
Securities 
held  by  all 
Govt.Accts 

Net 
Total 

As  at  Dec.  31 

As  at  Dec.  31 

1949 

1,110 

74 

1,184 

2,426 

682 

338 

3,446 

335 

3,111 

127 

3,238 

4,422 

3,751 

9,902 

18,075 

5,121 

181 

4,940 

10,698 

796 

9,902 

3,419 

- 

186 

1949 

1950 

1,136 

78 

1,214 

2,770 

697 

413 

3,880 

450 

3,430 

207 

3,637 

4,851 

3,861 

10,066 

18,778 

5,021 

280 

4,741 

10,913 

847 

10,066 

3,950 

226 

205 

1950 

1951 
End  of 
1950— Dec. 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

4,843 

3,894 

9,386 

18,123 

4,945 

160 

4,785 

10,395 

1,009 

9,386 

4,085 

49 

182 

1951 
End  of 
Dec— 1950 

1,136 

78 

1,214 

2,770 

697 

413 

3,880 

450 

3,430 

207 

3,637 

4,851 

3,861 

10,066 

18,778 

5,021 

280 

4,741 

10,913 

847 

10,066 

3,950 

226 

205 

1951— Jan. 

1,075 

76 

1,151 

2,638 

702 

395 

3,735 

402 

3,333 

204 

3,537 

4,688 

3,875 

10,096 

18,659 

4,956 

344 

4,612 

10,944 

848 

10,096 

3,943 

182 

174 

Jan.— 1951 

Feb. 

1,093 

76 

1,169 

2,612 

709 

415 

3,736 

448 

3,288 

205 

3,493 

4,662 

3,909 

10,072 

18,643 

4,809 

266 

4,543 

10,918 

846 

10,072 

4,022 

157 

151 

Feb. 

Mar. 

1,134 

78 

1,212 

2,487 

711 

428 

3,626 

376 

3,250 

207 

3,457 

4,669 

3,903 

10,019 

18,591 

4,817 

295 

4,522 

10,864 

845 

10,019 

4,101 

106 

157 

Mar. 

Apr. 

1,120 

78 

1,198 

2,725 

709 

429 

3,863 

499 

3,364 

215 

3,579 

4,777 

3,888 

9,962 

18,627 

4,792 

161 

4,631 

10,815 

853 

9,962 

4,133 

62 

161 

Apr. 

May 

1,123 

79 

1,202 

2,692 

707 

398 

3,797 

467 

3,330 

222 

-   3,552 

4,754 

3,881 

9,899 

18,534 

4,811 

226 

4,585 

10,763 

864 

9,899 

4,159 

41 

150 

May 

June 

1,174 

81 

1,255 

2,578 

707 

385 

3,670 

395 

3,275 

220 

3,495 

4,750 
4,750 

3,852 

9,805 

18,407 

4,863 

252 

4,611 

10,680 

875 

9,805 

4,133 

43 

185 

June 

July 

1,145 

80 

1,225 

2,675 

709 

396 

3,780 

468 

3,312 

213 

3,525 

3,871 

9,733 

18,354 

4,896 

248 

4,648 

10,617 

884 

9,733 

4,101 

22 

150 

July 

Aug. 

1,181 

81 

1,262 

2,675 

712 

381 

3,768 

497 

3,271 

186 

3,457 
3,490 

4,719 
4,765 
4,795 
4,882 
4,843 

3,872 
3,880 

9,672 

18,263 

4,917 

276 

4,641 

10,575 

903 

9,672 

4,131 

- 

181 

Aug. 

Sept. 

1,193 

82 

1,275 

2,651 

715 

371 

3,737 

387 

3,350 

140 

9,574 

18,219 

4,928 

213 

4,715 

10,493 

919 

9,574 

4,112 

1 

183 

Sept. 

Oct. 

1,174 

82 

1,256 

2,907 

713 

380 

4,000 

544 

3,456 

83 

3,539 

3,862 

9,514 

18,171 

5,000 

261 

4,739 

10,446 

932 

9,514 

4,095 

1 

178 

Oct. 

Nov. 

1,212 

84 

1,296 

2,936 

712 

398 

4,046 

552 

3,494 

92 

3,586 

3,904 

9,494 

18,280 

4,925 

130 

4,795 

10,460 

966 

9,494 

4,181 

11 

201 

Nov. 

Dec. 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

3,894 

9,386 

18,123 

4,945 

160 

4,785 

10,395 

1,009 

9,386 

4,085 

49 

182 

Dec. 

1952— Jan. 

1,153 

82 

1,235 

2,703 

748 

412 

3,863 

456 

3,407 

55 

3,462 

4,697 

3,891 

9,357 

17,945 

4,957 

185 

4,772 

10,359 

1,002 

9,357 

3,984 

7 

175 

Jan.— 1952 

^-  The  term  General  Public  refers  to  1 
residents:  for  an  approximate  divisioi 

oldings  of  n 
i  between  re 

on-residents 
sident  and  n 

as  well  as 
on-resident 

(2)    Subsidiary  coin  issued  by  the  IV 
chartered  banks  in  Canada. 

iint  less  coin 

held  by  Bar 

k  of  Canada 

and 

(7) 

Other  Deposits  with  the  Bank  of  Canada  as  shown  in  published  month-end 
statements — i.e.  excluding  Government  of  Canada,  chartered  bank  and 

pay  securities  have  been  valued  at  official  mid-rates 
September  30.  1950.  and  at  market  rates  thereafter. 

of  exchange   to 

f  Chartered  banks'  Newfoundland  br£ 
April  1st.  1949. 
**The  whole  of  the  increase  or  decrease  i 

nch  statistic 
n  Canada's  f 

3  are  includ 
>reign  exchar 

°d  as  from 

(3)  Chartered  banks'  public  deman 

(4)  Chartered  banks'  public  notice 
aggregate  quarterly  minimum 

d  deposits  in 
deposits  in 

Canada. 
Canada  othe 

r  than  estim 

ated 

(8) 

foreign  currency  deposits. 

Estimated  aggregate  minimum  quarterly  balances  in  chartered  banks' 

personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 

(10)  Holdings  of  all  investors  other  than  Bank  of  Canada,  chartered  banks 
and  Government  of  Canada  accounts. 

(11)  Canadian  dollar  deposits  of  the  Government  of  Canada  at  chartered 

is  embodied  in  the  related  factors  in 

this  table; 

0  the  exten 

Canada. 

banks  and  Bank  of  Canada. 

changes  do  not  appear  in  the  column  ' 
Holdings  (net)"  they  affect  changes 
and  Guaranteed  Funded  Debt." 
( I )    Note  Circulation  of  Bank  of  Canada 
banks;  excluding  notes  held  by  charte 

Bank  of  Can 
in  "Govern: 

and.  prior  t 
red  banks 

ada  Gold  ant 
nent  of  Can 

)  1950,  of  th 

Exchange 
ada  Direct 

J  chartered 

(5)  Chart 
and  o 

(6)  Cheqi 
to  the 

ered   banks' 
Canadian, 
es  on  other 
Minister  of 

Canadian  d 
Jnited  King 
banks  as  sh 
Finance. 

3llar  deposit 
dom,  and  for 
)wn  in  chart 

s  of  provinc 
eign  banks, 
ered  bank  m 

ial  governin 
onth-end  ret 

nts. 
urns 

(9) 

Direct  and  guaranteed  securities  (including  refundable  taxes)  at  par.  Direct 
debt  includes  both  matured  and  unmatured  issues  outstanding,  exclusive 
of  sinking  fund  holdings;  guaranteed  debt  is  included  on  the  basis  of  the 
total  unmatured  issues  outstanding;  Newfoundland  debt  assumed  by 
the  Government  of  Canada  has  been  included  since  June  1949.     Foreign 

(12)  Chartered  Bank  Canadian  loans  and  holdings  of  provincial,  municipal 
and   "other"   securities  and   Bank   of   Canada  holdings   of   Industrial 
Development  Bank  Capital  Stock. 

(13)  Net  of  all  related  asset  and  liability  items  not  shown  elsewhere  in  this  table. 

23 


FEBRUARY  1952 


III— GENERAL  PUBLIC  HOLDINGS  OF  CERTAIN  LIQUID  ASSETSt 
Resident  and  Non-Resident  Holdings  :  Approximate  Division 


Millions  of  Dollars 

Bank  o 

f  Canada 

Total  Currency 

Inactive  Chartered 

Government  of 
Canada  Securities 

and  Active 
Bank  Deposits 

Bank  Notice 
Deposits 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

As  at  December  31 

1938 

1,042 

89 

1,131 

1,352 

120 

1,472 

1,817 

1,411 

3,228 

4,211 

1,620 

5,831 

1939 

1,211 

159 

1,370 

1,435 

109 

1,544 

1,881 

1,398 

3,279 

4,527 

1 ,666 

6,193 

1940 

1,480 

83 

1,563 

1,350 

88 

1,438 

2,394 

1,276 

3,670 

5,224 

1,447 

6,671 

1941 

1,825 

76 

1,901 

1,345 

88 

1,433 

3,053 

1,109 

4,162 

6,223 

1,273 

7,496 

1942 

2,260 

89 

2,349 

1,346 

90 

1,436 

4,349 

995 

5,344 

7,955 

1,174 

9,129 

1943 

2,627 

99 

2,726 

1,542 

112 

1,654 

6,181 

1,003 

7,184 

10,350 

1,214 

11,564 

1944 

3,031 

122 

3,153 

1,939 

121 

2,060 

8,096 

1,035 

9,131 

13,066 

1,278 

14,344 

1945 

3,365 

149 

3,514 

2,255 

136 

2,391 

10,166 

1,144 

11,310 

15,786 

1,429 

17,215 

1946* 

3,747 

249 

3,996 

2,709 

147 

2,856 

10,084 

1,091 

11,175 

16,540 

1,487 

18,027 

1947* 

3,723 

221 

3,944 

3,002 

141 

3,143 

9,710 

1,053 

10,763 

16,435 

1,415 

17,850 

1948* 

4,114 

221 

4,335 

3,284 

124 

3,408 

9,091 

1,158 

10,249 

16,489 

1,503 

17,992 

1949* 

4,167 

255 

4,422 

3,628 

123 

3,751 

8,662 

1,240 

9,902 

16,457 

1,618 

18,075 

1950* 

4,430 

421 

4,851 

3,714 

147 

3,861 

8,700 

1,366 

10,066 

16,844 

1,934 

18,778 

1951* 

4,608 

235 

4,843 

3,753 

141 

3,894 

8,218 

1,168 

9,386 

16,579 

1,544 

18,123 

Month-end 

1951— Mar.* 

4,273 

396 

4,669 

3,757 

146 

3,903 

8,618 

1,401 

10,019 

16,648 

1,943 

18,591 

June* 

4,351 

399 

4,750 

3,706 

146 

3,852 

8,410 

1,395 

9,805 

16,467 

1,940 

18,407 

Sept.* 

4,446 

319 

4,765 

3,736 

144 

3,880 

8,247 

1,327 

9,574 

16,429 

1,790 

18,219 

Dec* 

4,608 

235 

4,843 

3,753 

141 

3,894 

8,218 

1,168 

9,386 

16,579 

1,544 

18,123 

t  For  footnotes  see  Table  III,  pages  21-22.         *  Revised. 


IV— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals* 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1950— Sept. 

2.71 

2.62 

2.17 

1.76 

Oct. 

2.75 

2.68 

2.22 

1.83 

Nov. 

2.88 

2.84 

2.42 

2.02 

Dec. 

2.99 

2.97 

2.55 

2.17 

1951— Jan. 

3.02 

3.00 

2.63 

2.26 

Feb. 

3.02 

3.00 

2.60 

2.27 

Mar. 

3.25 

3.21 

2.89 

2.70 

Apr. 

3.24 

3.20 

2.75 

2.48 

May 

3.24 

3.18 

2.62 

2.28 

June 

3.25 

3.15 

2.62 

2.35 

July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada(1> 

U.K.<2> 

U.S.A.<3> 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

2.70 

3.14 

2.29 

2.77 

3.05 

2.31 

2.87 

3.05 

2.32 

2.97 

3.12 

2.35 

3.01 

3.12 

2.32 

3.01 

3.26 

2.33 

3.17 

3.28 

2.48 

3.21 

3.35 

2.59 

3.20 

3.43 

2.69 

3.24 

3.55 

2.70 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.615 

.514 

1.311 

.623 

.514 

1.337 

.624 

.513 

1.380 

.626 

.519 

1.351 

.626 

.511 

1.391 

.728 

.513 

1.391 

.755 

.512 

1.402 

.755 

.511 

1.529 

.755 

.512 

1.626 

.754 

.512 

1.467 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

*  Payable  in  Canada  only.         (1)  Government  of  Canada  3%  due  Sept.  1,  1961-66.         (2)   United  Kingdom  3%  due  Apr.  15,  1959-69. 
(3)   U.S.  Treasury  2H%  due  Dec.  15,  1963-68,  is  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


FEBRUARY  1952 


24 


Cents  per  unit 


V— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 
OFFICIAL  RATES* 


1939  -  Sept.  16(» 

1945  -  Oct.    15(D 

1946  -  July     6<D 
1949  -  Sept.  20(D 


U.  S.  Dollar  in  Canada 


Buying 


110.00 
110.00 
100.00 
110.00 


Selling 


111.00 
110.50 
100.50 
110.50 


Mid-rate 


110.50 
110.25 
100.25 
110.25 


£  Sterling  in  Canada 


Buying 


443.00 
443.00 
402.00 
307.25 


Selling 


447.00 
445.00 
404.00 
308.75 


Mid-rate 


445.00 
444.00 
403.00 
308.00 


MARKET  RATESt 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 

1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1951— Feb. 

105.38 

104.41 

104.92 

295.00 

292.44 

293.82 

Mar. 

105.25 

104.44 

104.73 

294.75 

292.50 

293.29 

Apr. 

106.81 

104.94 

105.99 

299.19 

293.88 

296.74 

May 

106.94 

105.38 

106.37 

299.50 

295.13 

297.89 

June 

107.31 

106.63 

106.94 

300.50 

298.50 

299.41 

July 

106.63 

105.53 

106.05 

298-.  50 

295.38 

296.90 

Aug. 

105.94 

105.09 

105.56 

296.50 

294.13 

295.46 

Sept. 

105.75 

105.19 

105.56 

296.00 

294.38 

295.46 

Oct. 

105.50 

104.19 

105.08 

295.25 

291.63 

294.11 

Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

Feb. 

100.69 

100.00 

100.11 

280.00 

278.06 

278.43 

*     Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16,  1939. 
(1)    Dates  on  which  official  rates  were  established  or  changed, 
t     Commencing  Oct.  2,  1950,  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  for  transactions  between  banks  in  the  exchange  market. 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS" 


CANADIAN  DOLLARS 


CANADIAN  DOLLARS 


MON1 

HLV 

u 

■H* 

/    1 

1nh 

H 

T 

NC 
AVE 

\ 

ON ti 

4AGC         I 

1 1 

1 1 

|| 

LOW fr 

Mill 

Hill 

JUNE  JULY  AUG. 

*  Market  rate;  see  footnote  to  table  above. 


25 


FEBRUARY  1952 


VI— BUSINESS  ACTIVITY 

Dominion  Bureau  of  Statistics 


Production 

Res- 
idential 

Con- 
struction 

Car 
Loadings 

Value 

of 

Department 

Employ- 
ment 
Index 

(3) 

Aggregate 
Payrolls 

News- 

Central 

Index 

(3) 

Gold 

Nickel 

Steel 

print 
(i) 

Electric 
Stations"' 

Contracts 
Awarded 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions 

Millions 

Fine  Ounces 

Short  Tons 

Short  Tons 

Short  Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939  =  100 

1939  =  100 

AnnualTotals«> 

1932 

3,044 

15 

380 

2,186 

12,296 

29 

2,180 

254 

(5) 

(5) 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

(5) 

(S) 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

873 

168.0 

321.8 

1951 

4,364 

137 

3,567 

5,516 

51,895 

437 

4,183 

902 

180.1 

381.3 

12-mths.  ending 

Jan.  1952 

4,364* 

137* 

3,574 

5,534 

52,311 

441 

4,185 

899 

180.6 

385.5 

Monthly 

1950— Dec. 

382.5 

10.3 

291.2 

430.6 

4,241 

28.5 

314 

118.9 

179.2 

356.2 

1951— Jan. 

374.5 

10.9 

309.7 

453.0 

4,368 

16.0 

331 

58.3 

175.3 

338.2 

Feb. 

347.1 

9.6 

281.4 

425.1 

3,982 

25.0 

294 

58.4 

172.3 

351.5 

Mar. 

372.4 

11.6 

314.8 

473.0 

4,395 

32.0 

336 

72.6 

172.3 

353.8 

Apr. 

363.1 

10.5 

312.0 

447.6 

4,227 

49.8 

337 

75.1 

173.3 

357.8 

May 

369.4 

12.4 

313.3 

485.7 

4,407 

52.0 

380 

76.6 

175.6 

367.9 

June 

362.6 

11.8 

293.5 

464.3 

4,242 

50.3 

370 

69.5 

180.3 

379.0 

July 

344.4 

11.8 

274.6 

452.5 

4,205 

43.8 

350 

54.5 

183.6 

392.5 

Aug. 

345.1 

12.2 

286.8 

484.6 

4,315 

35.2 

363 

61.5 

184.3 

394.0 

Sept. 

359.0 

11.6 

268.2 

431.1 

4,148 

30.0 

350 

72.4 

185.1 

400.2 

Oct. 

378.4 

11.7 

309.4 

492.5 

4,511 

29.2 

390 

81.3 

186.5 

410.0 

Nov. 

372.4 

11.5 

307.1 

471.7 

4,471 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

376.0 

11.3 

296.5 

435.3 

4,624 

26.9 

315 

119.8 

186.6 

416.7 

1952— Jan. 

316.5 

470.5 

4,784 

20.0 

333 

55.2 

180.9 

388.9 

(1)    Source;  Newsprint  Association  of  Canada.    Includes  Newfoundland.  (2)  Total  output  less  exports  and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.  (3)  9  Leading  industries.     First  of  month  figures.  (4)  Average  of  months  in  case  of  Employment  and  Payrolls  Indexes. 

(5)  Not  available.  *  12-months  ending  Dec.  1951. 


UNEMPLOYMENT    INSURANCE   CLAIMS 


PERSONS  ON  THE  LIVE    UNEMPLOYMENT 
INSURANCE  REGISTER  AT  END  OF  MONTH 

THOUSANDS  OF  PERSONS  THOUSANDS  OF  PERSONS 

325f 


INCREASE  OR  DECREASE  IN  CLAIMS 
OVER  SAME  MONTH  OF  PREVIOUS  YEAR 

THOUSANDS  OF  PERSONS  THOUSANDS  OF  PERSONS 

75 


■*D        JFMAMJJASOND' 


INCREASE  OR  DECREASE  IN  CLAIMS 
OVER  SAME  MONTH  OF  PREVIOUS  YEAR 


QUEBEC 

□□nnLlU 

LULL 

-^ — ORDINARY  CLAIMS 

-♦—  PART  TIME  WORKERS    

r_zi 

50 


INCREASE  OR  DECREASE  IN  CLAIMS 
OVER  SAME  MONTH  OF  PREVIOUS  YEAR 


50 


JFMAMJJASOND 
1951 


25 

25 

+ 

+ 

0 

0 

25 

25 

50 

SO 

ALL  OTHER 


ORDINARY  CLAIMS- 


rnil-^zz 


m 

J 


JFMAMJJASOND 
1951 


50 

25 

+ 
0 

25 

50 


FEBRUARY  1952 


26 


VII— UNEMPLOYMENT  INSURANCE  STATISTICS 

Unemployment  Insurance  Commission  and  Dominion  Bureau  of  Statistics 


Claims'1' 
Filed 

Claimants  on  live 

Number 
of  Persons 

Total 
Amount  of 

Total 

Balance 
in  Fund 

Employment  Offices 

Unemployment 

(2)(4) 

During 

Register*2' 

Receving 

Benefit 

Revenue 

at  end 

Unplaced 

Unfilled"' 

Month 

Male             Female 

Benefit*3' 

Paid 

of  Period 

Applicants 

Vacancies 

Thousands 

Millions  of  Dollars 

Thousands 

Aver,  of  Monthsf 

1944 

7.6 

8.0 

2.5 

8.6 

.3 

6.9 

250.1 

64.9 

172.9 

1945 

24.7 

29.5 

11.6 

31.7 

1.2 

6.7 

315.9 

108.3 

142.4 

1946 

40.7 

73.9 

22.9 

101.3 

4.3 

7.7 

357.2 

190.8 

108.7 

1947 

36.9 

49.9 

18.3 

70.1 

2.7 

8.7 

429.8 

133.1 

86.5 

1948 

54.1 

66.4 

22.5 

92.2 

3.4 

10.7 

517.7     ' 

140.5 

48.7 

1949 

77.8 

105.5 

30.2 

130.3 

5.8 

11.8 

589.4 

191.7 

35.4 

1950 

88.2 

122.7 

42.7 

127.9 

8.3 

13.1 

647.8 

252.8 

40.3 

1951 

95.1 

102.8 

36.0 

100.1 

6.4 

16.9 

773.5 

202.4 

52.2 

Monthly 

1950— Dec. 

134.2 

144.6 

38.7 

101.9 

5.3 

16.5 

647.8 

227.5 

34.7 

1951— Jan. 

172.3 

177.8 

42.8 

149.8 

9.8 

16.1 

654.1 

301.2 

36.7 

Feb. 

109.7 

169.6 

38.4 

158.0 

10.7 

16.0 

659.4 

297.9 

40.1 

Mar. 

109.8 

150.9 

33.7 

147.2 

11.9 

17.1 

664.6 

291.3 

45.4 

Apr. 

75.2 

104.5 

32.3 

109.4 

8.5 

16.7 

672.8 

218.4 

58.1 

May 

56.4 

58.5 

30.4 

75.9 

5.7 

16.9 

683.9 

151.8 

71.2 

June 

58.2 

56.5 

30.0 

57.1 

3.5 

15.5 

695.9 

140.5 

62.5 

July 

59.0 

54.2 

29.6 

57.5 

3.4 

16.2 

708.7 

130.8 

55.0 

Aug. 

57.9 

52.8 

28.1 

60.1 

3.7 

20.9 

726.0 

128.3 

60.8 

Sept. 

62.5 

52.3 

30.8 

64.3 

3.5 

16.6 

739.1 

132.8 

69.5 

Oct. 

82.9 

62.9 

36.9 

72.3 

3.9 

16.3 

751.5 

157.4 

57.3 

Nov. 

122.6 

108.8 

44.9 

97.5 

5.1 

18.0 

764.4 

209.9 

41.8 

Dec. 

175.0 

184.8 

54.1 

152.3 

6.9 

16.0 

773.5 

268.6 

30.1 

1952— Jan. 

212.3 

228.2 

59.6 

216.9 

13.4 

16.7 

776.7 

364.4 

25.2 

UNPLACED  APPLICANTS  BY  PROVINCES"' 


Nfld. 

P.E.I. 

N.S. 

N.B. 

Que. 

Ont. 

Man. 

Sask. 

Alta. 

B.C. 

Aver,  of  Months 

1944 

- 

.3 

2.0 

1.8 

24.1 

18.7 

4.1 

2.2 

3.1 

8.7 

1945 

- 

.5 

4.1 

2.9 

41.6 

31.6 

6.5 

3.1 

4.5 

13.5 

1946 

- 

1.7 

13.2 

8.4 

55.6 

59.2 

12.6 

6.3 

8.3 

25.4 

1947 

- 

1.3 

13.0 

6.0 

35.5 

36.2 

9.7 

5.7 

6.4 

19.3 

1948 

- 

1.2 

10.6 

6.2 

39.6 

38.7 

8.8 

5.4 

5.9 

24.1 

1949 

- 

1.6 

12.0 

10.4 

59.4 

52.4 

10.4 

6.1 

7.4 

32.2 

1950 

12.2 

1.6 

14.5 

13.8 

80.8 

65.0 

14.2 

7.6 

10.4 

35.3 

1951 

6.1 

1.5 

11.0 

8.8 

60.6 

55.5 

11.4 

6.5 

9.1 

31.8 

Monthly 

1950— Dec. 

4.2 

1.8 

11.9 

10.5 

71.1 

55.9 

13.3 

9.9 

11.5 

37.5 

1951— Jan. 

9.1 

2.8 

16.6 

13.0 

89.6 

72.0 

17.4 

13.4 

16.5 

50.7 

Feb. 

11.9 

2.9 

17.3 

13.3 

92.7 

67.4 

17.4 

13.3 

16.1 

45.7 

Mar. 

12.4 

2.9 

17.2 

14.4 

95.6 

60.8 

17.1 

12.8 

15.6 

42.6 

Apr. 

10.4 

2.3 

12.6 

13.6 

74.5 

47.1 

12.8 

7.5 

10.3 

27.2 

May 

7.5 

1.1 

9.2 

8.5 

47.3 

37.7 

9.5 

3.5 

6.5 

21.0 

June 

4.9 

.8 

8.1 

6.3 

40.0 

41.0 

7.8 

3.4 

5.5 

22.7 

July 

2.7 

.8 

7.3 

5.1 

35.6 

36.8 

7.4 

3.1 

5.2 

27.0 

Aug. 

2.3 

.6 

6.8 

4.5 

35.1 

39.6 

6.1 

2.4 

4.3 

26.6 

Sept. 

1.9 

.7 

7.6 

4.7 

36.1 

45.2 

6.1 

2.3 

4.4 

23.9 

Oct. 

2.7 

.7 

8.0 

5.6 

43.9 

55.3 

8.4 

3.4 

6.5 

22.9 

Nov. 

2.9 

1.1 

9.7 

7.4 

57.0 

75.2 

11.8 

5.2 

8.6 

31.2 

Dec. 

4.4 

1.7 

11.9 

9.5 

80.2 

87.9 

15.0 

7.2 

10.2 

40.4 

1952— Jan. 

9.5 

2.6 

17.0 

13.4 

105.2 

114.1 

18.0 

11.1 

15.5 

57.9 

(1)    Initial  and  renewal  claims,  excluding  reconsiderations  of  existing  claims.      (2)  At  end  of  month, 
entitled  to  benefits, 
t     End  of  year  figure  is  shown  for  Balance  in  Fund. 


(3)  During  last  week  in  month.       (4)   Including  those  not 


27 


FEBRUARY  1952 


VIII— GROSS  NATIONAL  EXPENDITURE*! 


Millions  of  Dollars 

Dominion  Bureau  of  Statistics  and  Department  of  Trade  and  Commerce 

(U(2) 

Exports 

of 

Goods    and 

Services 

Gross  Domestic 

Govt.  Expenditure 

Personal 

(2) 

Cost  of 

Residual 

Error  of 

Estimate  or 

Omissions 

Gross 

Calendar 
Years 

1 1\  v  no  i  ivicrs  l  w/ 

Mutual  Aid 

and 

Foreign 

Relief 

(5) 
Other 

Expenditure 
on  Goods 

and 
Services 

Total 

of 

Foregoing 

Imports 
of  Goods 

and 
Services 

National 

Plant, 
Equipment 
and  Housing 

(4) 

Inventories 

Expenditure 

at  Market 

Prices 

1926 

1,650 

809 

88 

_ 

521 

3,687^ 

6,755 

1,522 

61 

5,294 

1927 

1,618 

949 

218 

- 

567 

3,919    ■ 

7,271 

1,629 

5 

5,647 

1928 

1,773 

1,136 

157 

- 

597 

4,194 

7,857 

1,808 

56 

6,105 

1929 

1,632 

1,330 

61 

- 

682 

4,393 

8,098 

1,945 

13 

6,166 

1930 

1,286 

1,054 

154 

- 

767 

4,204 

7,157 

1,625 

14 

5,546 

1931 

967 

693 

290 

- 

738 

3,646 

5,754 

1,142 

52 

4,560 

1932 

804 

362 

216 

- 

643 

3,108 

4,701 

901 

33 

3,767 

1933 

826 

239 

82 

- 

526 

2,887 

4,396 

828 

16 

3,552 

1934 

1,018 

306 

70 

- 

568 

3,077 

5,039 

948 

57 

4,034 

1935 

1,143 

378 

47 

- 

603 

3,243 

5,414 

1,017 

52 

4.345 

1936 

1,428 

469 

50 

- 

600 

3,457 

5,904 

1,183 

20 

4,701 

1937 

1,591 

647 

94 

- 

671 

3,777 

6,780 

1,409 

16 

5,355 

1938 

1,356 

605 

10 

- 

720 

3,815 

6,486 

1,257 

4 

5,233 

1939 

1,451 

605 

331 

- 

735 

3,904 

7,026 

1,328 

9 

5,707 

1940 

1,808 

818 

369 

- 

1,165 

4,399 

8,559 

1,629 

58 

6,872 

1941 

2,467 

1,078 

247 

- 

1,689 

5,053 

10,534 

1,976 

41 

8,517 

1942 

2,361 

1,044 

316 

1,002 

2,724 

5,514 

12,961 

2,307 

115 

10,539 

1943 

3,444 

845 

109 

518 

3,709 

5,727 

14,134 

2,917 

34 

11,183 

1944 

3,561 

859 

46 

960 

4,062 

6,187 

15,583 

3,569 

60 

11,954 

1945 

3,597 

986 

260 

858 

2,846 

6,811 

14,838 

2,910 

78 

11,850 

1946 

3,210 

1,398 

519 

97 

1,735 

7,977 

14,936 

2,878 

32 

12,026 

1947 

3,638 

2,121 

947 

38 

1,532 

9,173 

17,449 

3,621 

60 

13,768 

1948 

4,054 

2,685 

605 

19 

1,779 

10,112 

19,254 

3,636 

5 

15,613 

1949 

4,011 

2,968 

231 

- 

2,128 

10,963 

20,301 

3,837 

2 

16,462 

1950 

4,173 

3,189 

995 

- 

2,314 

11,862 

22,533 

4,482 

22 

18,029 

1951  w 

5,060 

3,881 

1,707 

— 

3,112 

13,062 

26,822 

5,632 

27 

21,217 

Millions  of  Dollars 


GROSS  NATIONAL  PRODUCT*! 

Dominion  Bureau  of  Statistics  and  Department  of  Trade  and  Commerce 


Calendar 
Years 

Salaries, 

Wages  and 

Other 

Labour 

Income 

Military 

Pay  and 

Allowances 

(6) 

Investment 
Income 

Net  Income  of 
Individual  Enterprises 

Net 

National 

Income 

at  Factor 

Cost 

Indirect 

Taxes 

Less 

Subsidies 

(7) 

Depreciation 
and 

Similar 

Business 

Costs 

Residual 
Error  of 
Estimate 

or 
Omissions 

Gross 
National 

Agricul- 
ture 

Other  Un- 
incorporated 
Business 

Product 

at  Market 

Prices 

1926 

2,358 

7 

685 

619 

516 

4,185 

612 

558 

61 

5,294 

1927 

2,497 

7 

754 

612 

547 

4,417 

634 

600 

4 

5,647 

1928 

2,705 

7 

872 

655 

584 

4,823 

679 

659 

56 

6,105 

1929 

2,929 

8 

836 

408 

608 

4,789 

681 

709 

13 

6,166 

1930 

2,775 

8 

621 

323 

556 

4,283 

593 

684 

14 

5,546 

1931 

2,398 

8 

377 

96 

454 

3,333 

557 

618 

52 

4,560 

1932 

1,965 

8 

204 

108 

345 

2,630 

537 

566 

34 

3,767 

1933 

1,778 

8 

299 

74 

293 

2,452 

537 

547 

16 

3,552 

1934 

1,928 

8 

463 

174 

324 

2,897 

577 

503 

57 

4,034 

1935 

2,066 

9 

529 

222 

362 

3,188 

585 

520 

52 

4,345 

1936 

2,225 

9 

658 

197 

398 

3,487 

660 

534 

20 

4,701 

1937 

2,518 

9 

793 

290 

452 

4,062 

704 

572 

17 

5,355 

1938 

2,494 

9 

704 

359 

452 

4,018 

638 

581 

4 

5,233 

1939 

2,575 

32 

917 

385 

464 

4,373 

733 

610 

9 

5,707 

[1941/ 

2,929 

193 

1,128 

492 

521 

5,263 

830 

720 

59 

6,872 

3,575 

386 

1,484 

490 

628 

6,563 

1,054 

858 

42 

8,517 

1942 

4,242 

641 

1,761 

988 

705 

8,337 

1,085 

1,002 

115 

10,539 

1943 

4,783 

910 

1,801 

805 

744 

9,043 

1,117 

988 

35 

11,183 

1944 

4,940 

1,068 

1,829 

1,185 

804 

9,826 

1,111 

957 

60 

11,954 

1945 

4,953 

1,117 

1,859 

1,010 

901 

9,840 

1,003 

928 

79 

11,850 

1946 

5,323 

340 

1,975 

1,112 

1,071 

9,821 

1,269 

903 

33 

12,026 

1947 

6,221 

83 

2,269 

1,223 

1,189 

10,985 

1,604 

1,118 

61 

13,768 

1948 

7,170 

82 

2,464 

1,518 

1,326 

12,560 

1,772 

1,276 

5 

15,613 

1949 

7,761 

115 

2,445 

1,504 

1,369 

13,194 

1,830 

1,437 

1 

16,462 

1950 
\195Kf 

8,271 

137 

2,921 

1,579 

1,498 

14,406 

1,986 

1,614 

23 

18,029 

9,660 

201 

3,494 

2,102 

1,640 

17,097 

2,386 

1,760 

26 

21,217 

*     Revised.         t  Includes  Newfoundland  commencing  in  1949.  (4) 

(1)  Excludes  exports  financed  by  Government  of  Canada  expenditure  on  (5) 
Mutual  Aid  and  foreign  relief. 

(2)  Minor  adjustments  have  been  made  (by  D.B.S.)  to  the  figures  of  current  (6) 
receipts  and  payments  as  shown  in  the  "Canadian  Balance  of  International  (7) 
Payments"  to  achieve  consistency  with  other  component  series. 

3)    Includes  capital  expenditures  by  government  business  enterprises.  (8) 


Includes  grain  held  by  the  Canadian  Wheat  Board. 

Includes  capital  expenditures  by  government  other  than  government  busi- 
ness enterprises. 

Includes  corporation  profits  before  taxes  have  been  deducted. 
Includes  an  estimate  of  capital  outlay  charged  to  current  account  and  also 
the  claim  portion  of  fire  insurance  premiums. 
Preliminary. 


FEBRUARY  1952 


28 


GROSS 
NATIONAL  EXPENDITURE* 


MILLIONS  Or  DOLLARS 


NATIONAL  INCOME  &  GROSS 
NATIONAL  PRODUCT* 

MILLIONS  OF   DOLLARS 


20000 


1939    40      41       42     43      44     45      46      47      46      49       50      51' 


1939    40      41      42      43      44      45      46      47      46      49       50      51' 


GROSS  NATIONAL  EXPENDITURE  IN 
CONSTANT  1935-39  DOLLARS* 

MILLIONS   OF  DOLLARS 


PRIVATE  &   PUBLIC 
INVESTMENT* 


20000 


1 0000 


MILLIONS  OF  DOLLARS 


DISTRIBUTION  OF  INVESTMENT 


1939  40 


42   43   44   45   46   47   48   49   50  51 


1 939     40 


RESIDENTIAL  CONSTRUCTION  g 
42      43      44      45       46      47       48      49      50 


5000 


4000 


3000 


2000 


1000 


*       Includes  Newfoundland  commencing  in  1°4°. 

(1)  Includes  capital  expenditures  by  government  other  than  government  business  enterprises. 

(2)  New  residential  and  non-residential  construction,  new  machinery  and  equipment,  and  change  in  inventories.       Includes  capital  expendi- 
tures by  government  business  enterprises. 

(3)  National  Income  plus  indirect  taxes,  depreciation  allowance  and  similar  business  costs. 
t     Preliminary. 


29 


FEBRUARY  1952 
IX— PERSONAL  INCOME  AND  DISPOSITION  OF  PERSONAL  INCOME*! 


Millions  of  Dollars 

Dominion  Bureau 

of  Statistics 

Interest.C) 
Dividends 

All  Other(2) 

Social 

Insurance 

Con- 

Transfer 

Total 

Personal 
Expenditure 

Personal  Savings 

Percentage 
of 

Calendar 

Payments 

Disposable 

on  Consumer 

Disposable 
Income 

Years 

Rental 

Earnings 

and  Govt. 

from  Govt. 

Income 

Taxes 

Income 

Goods 

Total 

Income 

Pension 
Funds 

to  Persons 

and 
Services 

Inventories 

(incl.  Farm 
Inventories) 

Saved 

1926 

532 

3,503 

17 

74 

4,092 

53 

4,039 

3,687 

/ 

352 

8.7 

1927 

562 

3,686 

20 

77 

4,305 

59 

4,246 

3,919 

60 

327 

7.7 

1928 

602 

3,951 

22 

87 

4,618 

59 

4,559 

4,194 

22 

365 

8.0 

1929 

621 

3,970 

27 

93 

4,657 

68 

4,589 

4,393 

129 

196 

4.3 

1930 

(ill 

3,669 

29 

112 

4,363 

71 

4,292 

4,204 

46 

88 

2.1 

1931 

581 

2,996 

2b 

141 

3,692 

63 

3,629 

3,646 

30 

17 

.5 

1932 

469 

2,459 

23 

160 

3,065 

64 

3,001 

3,108 

14 

107 

3.6 

1933 

473 

2,210 

21 

181 

2,843 

69 

2,774 

2,887 

33 

113 

4.1 

1934 

484 

2,472 

23 

220 

3,153 

64 

3,089 

3,077 

8 

12 

A 

1935 

500 

2,678 

26 

221 

3,373 

80 

3,293 

3,243 

1 

50 

1.5 

1936 

514 

2,867 

28 

224 

3,577 

95 

3,482 

3,457 

56 

25 

.7 

1937 

550 

3,289 

34 

237 

4,042 

112 

3,930 

3,777 

11 

153 

3.9 

1938 

577 

3,320 

33 

226 

4,090 

115 

3,975 

3,815 

28 

160 

4.0 

1939 

608 

3,518 

35 

229 

4,320 

112 

4,208 

3,904 

60 

304 

7.2 

1940 

662 

4,117 

39 

207 

4,947 

139 

4,808 

4,399 

75 

409 

8.5 

1941 

678 

5,093 

69 

194 

5,896 

296 

5,600 

5,053 

48 

547 

9.8 

1942 

730 

6,637 

114 

222 

7,475 

495 

6,980 

5,514 

354 

1,466 

21.0 

1943 

791 

7,303 

128 

210 

8,176 

698 

7,478 

5,727 

125 

1,751 

23.4 

1944 

847 

8,029 

133 

259 

9,002 

838 

8,164 

6,187 

103 

1,977 

24.2 

1945 

905 

7,924 

136 

546 

9,239 

809 

8,430 

6,811 

231 

1,619 

19.2 

1946 

969 

7,835 

149 

1,106 

9,761 

796 

8,965 

7,977 

57 

988 

11.0 

1947 

1,060 

8,672 

181 

839 

10,390 

791 

9,599 

9,173 

79 

426 

4.4 

1948 

1,080 

10,224 

224 

863 

11,943 

822 

11,121 

10,112 

65 

1,009 

9.1 

1949 

1,180 

10,866 

239 

950 

12,757 

789 

11,968 

10,963 

72 

1,005 

8.4 

1950 

1,291 

11,373 

259 

1,012 

13,417 

735 

12,682 

11,862 

131 

820 

6.5 

1951  <« 

1,469 

13,705 

316 

1,001 

15,859 

1,016 

14,843 

13,062 

370 

1,781 

12.0 

*  Revised.  t  Includes  Newfoundland  commencing  in  1949.  (1)  Interest  on  government  debt  not  incurred  to  finance  existing  real  assets  is  included  with 
other  interest  and  is  excluded  from  transfer  payments.     Includes  charitable  donations  from  corporations.  (2)  Salaries,  wages  and  supplementary  labour 

income,  net  income  of  agriculture  (excluding  undistributed  earnings  and  inventory  valuation  adjustment  of  the  Canadian  Co-operative  Wheat  Producers  and  the 
Canadian  Wheat  Board)  and  other  unincorporated  business  and  military  pay  and  allowances,  as  shown  on  page  27,  plus  net  bad  debt  losses  of  corporations  which 
are  included  under  depreciation  and  similar  business  costs  and  amounted  to  an  average  of  $18  mm.  over  the  last  five  years.  (3)   Includes  succession  duties. 

(4)  Preliminary. 


PERSONAL  INCOME" 

MILLIONS  Of  DOLLARS 


16000 


12000 


8000 


4000 


TOTAL   INCOME  - 


TRANSFER  PAYMENTS  FROM 
GOVT  TO  PERSONS 


DISPOSITION  OF  PERSONAL  INCOME* 

MILLIONS  OF  DOLLARS 


16000 


)S  AND  NET  RENTAL  INCOME  :::::::::;x: 


PERCENTAGE  OF  SAVINGS 
TO  DISPOSABLE  INCOME 


nfl 

nflfln 

1939  40  41   42  43  44  45  46  47   46  49    M« 

TOTAL   INCOME  • 


i&ftO-i  PERSONAL  DIRECT'*  K 
*  ,  TAXES 


:.':;  EXPENDITURE  ON   CONSUMER 
iW  GOODS  AND   SERVICES 


12000 


8000 


4000 


1939    40      41      42      43      44      45     46      47      46      49       50      5IT 


*  Includes  Newfoundland  commencing  in  1949. 

(1)  Agriculture  and  other  unincorporated  businesses. 

(2)  Includes  succession  duties. 

(3)  Includes  changes  in  farm  inventories, 
t  Preliminary. 


1939   40      41       42     43     44      45      46     47      48      49      50      5IT 


FEBRUARY  1952 


30 


X— WHOLESALE  PRICES 

Index  1935-39  =  100 
CANADA 

minion  Bureau 
of  Statistics 

U.S.A. 

Bureau 
of  Labor  Statistics™ 

U.K. 

Board  of 
Traded 

Farm  Products* 

Raw& 

Fully  & 

Partly 

Chiefly 

Total 

Manu- 

Manu- 

Fieldf 

Animal 

Total  f 

factured 

factured 

Average  of  Months 

1926 

158.5 

130.2 

144.4 

129.1 

133.0 

130.3 

1932 

60.4 

70.5 

65.5 

75.5 

92.8 

86.9 

1937 

128.9 

106.0 

107.4 

113.7 

104.4 

107.7 

1948 

200.6 

263.7 

232.1 

196.3 

192.4 

193.4 

1949 

191.9 

265.4 

228.7 

197.1 

199.2 

198.3 

1950 

191.9 

281.4 

236.7 

212.8 

211.0 

211.2 

1951 

187.9 

336.9 

262.4 

237.7 

242.5 

240.1 

Monthly 

1951— Jan. 

191.1 

310.9 

251.0 

231.1 

233.6 

232.3 

Feb. 

195.5 

329.6 

262.5 

237.1 

240.0 

238.5 

Mar. 

198.8 

347.2 

273.0 

238.8 

244.1 

241.8 

Apr. 

199.2 

331.6 

265.4 

238.6 

244.9 

242.2 

May 

194.6 

336.1 

265.3 

238.9 

244.4 

241.9 

June 

192.0 

353.1 

272.6 

242.9 

243.7 

242.7 

July 

195.4 

358.9 

277.1 

242.5 

246.6 

244.2 

Aug. 

164.6 

348.3 

256.4 

237.1 

245.1 

241.5 

Sept. 

168.5 

339.2 

253.9 

235.8 

243.7 

240.1 

Oct. 

175.0 

330.3 

252.6 

236.3 

242.7 

239.6 

Nov. 

188.2 

328.5 

258.4 

237.0 

241.4 

239.1 

Dec. 

191.3 

329.1 

260.2 

235.9 

239.7 

237.6 

1952— Jan. 

194.8 

318.2 

256.5 

233.3 

239.7 

236.8 

Farm 
Products 

Raw 

Materials 

Manu- 
factured 
Products 

Total 

131.6 

130.2 

120.8 

124.1 

63.4 

71.7 

84.9 

80.4 

113.7 

110.4 

105.3 

107.1 

247.9 

232.4 

192.5 

204.9 

217.7 

213.2 

182.6 

192.2 

224.2 

224.5 

189.4 

200.4 

258.3 

250.7 

211.2 

223.9 

255.5 

250.8 

209.1 

223.4 

266.6 

259.2 

212.0 

227.8 

268.2 

259.6 

212.3 

228.3 

266.4 

257.4 

212.7 

227.8 

262.6 

254.6 

212.8 

226.9 

261.3 

253.5 

212.0 

225.4 

255.3 

247.3 

211.5 

222.6 

250.8 

244.1 

210.6 

220.8 

248.9 

243.5 

210.4 

220.3 

253.0 

246.0 

210.5 

221.0 

256.7 

246.9 

210.3 

221.2 

254.7 

245.8 

210.0 

220.6 

(3) 

(3) 

(3) 

(3) 

Total 


124.8 
86.2 
109.5 
220.9 
231.6 
264.2 
321.8 

302.1 
307.8 
315.8 
321.0 
322.0 
323.2 

322.2 
325.9 
327.5 
331.1 
330.9 
332.5 

336.9 


(1)  Adjusted  to  1935-39  =  100  from  base  1926  -  100. 

(2)  Adjusted  to  1935-39  =  100  from  base  1913  =  100  in  the  years  1926  to  1929  inclusive  and  from  base  1930  =  100  thereafter.        (3)  Not  available. 

*     An  independent  series  with  diiferent  weighting  and  different  prices  from  those  included  in  the  "Total  Index".        Prices  include  subsidies.        Participation 
payments  are  included  and  the  series  revised  whenever  such  payments  are  announced.  t  Revised  from  Aug.  1950  to  July  1951  to  include  final  payment 

for  wheat,  oats  and  barley  for  crop  year  1950-51. 


Index  1935-39  =  100 


XI— COST  OF  LIVING* 

Dominion  Bureau  of  Statistics 


Food 

Fuel  and 
Lighting 

Clothing 

Rent 

Home 
Furnishings 
and  Services 

Miscellaneous 

Total 
Index 

Weighting 

31 

6 

12 

19 

9 

23 

100 

Average  of  Months 

1932 

85.7 

106.8 

100.6 

109.7 

100.4 

99.0 

1937 

103.2 

98.9 

101.4 

99.7 

101.5 

100.1 

101.2 

1946 

140.4 

107.4 

126.3 

112.7 

124.5 

112.6 

123.6 

1947 

159.5 

115.9 

143.9 

116.7 

141.6 

117.0 

135.5 

1948 

195.5 

124.8 

174.4 

120.7 

162.6 

123.4 

155.0 

1949 

203.0 

131.1 

183.1 

123.0 

167.6 

128.8 

160.8 

1950 

210.9 

138.3 

182.3 

132.9 

169.2 

132.6 

166.5 

1951 

241.1 

147.1 

203.1 

140.0 

194.4 

141.3 

184.5 

First  of  Month 

1950— Sept. 

218.8 

140.8 

182.3 

135.5 

171.1 

132.8 

169.8 

Oct. 

220.1 

141.0 

183.5 

135.5 

172.7 

133.3 

170.7 

Nov. 

218.6 

140.6 

184.5 

136.4 

174.8 

133.4 

170.7 

Dec. 

218.8 

140.7 

184.9 

136.4 

176.4 

134.1 

171.1 

1951-Jan. 

220.2 

141.5 

187.1 

136.4 

179.8 

135.8 

172.5 

Feb. 

224.4 

141.7 

192.4 

136.4 

185.1 

137.0 

175.2 

Mar. 

233.9 

146.5 

196.3 

137.6 

188.6 

137.8 

179.7 

Apr. 

238.4 

146.7 

198.8 

137.6 

190.7 

138.8 

181.8 

May 

235.4 

146.2 

201.5 

137.6 

194.9 

140.7 

182.0 

June 

239.8 

146.2 

202.5 

139.8 

197.1 

141.0 

184.1 

July 

249.7 

147.2 

202.9 

139.8 

197.4 

142.2 

187.6 

Aug. 

251.4 

148.2 

204.6 

139.8 

199.0 

143.7 

188.9 

Sept. 

251.1 

149.5 

206.9 

142.7 

199.1 

144.0 

189.8 

Oct. 

249.7 

150.2 

213.8 

142.7 

200.1 

144.3 

190.4 

Nov. 

250.2 

150.8 

214.6 

144.8 

199.9 

144.9 

191.2 

Dec. 

249.3 

150.8 

215.5 

144.8 

200.6 

144.9 

191.1 

1952— Jan. 

250.0 

151.2 

215.3 

144.8 

201.1 

145.7 

191.5 

Feb. 

248.1 

151.3 

213.0 

144.8 

200.1 

146.5 

190.8 

*  Components  were  selected  and  weighted  on  the  basis  of  1938  family  incomes  ranging  from  $450-$2,500,  with  incomes  between  $1,000-$1,600  most  common. 


31  FEBRUARY  1952 

XII— AVERAGE  HOURLY  &  WEEKLY  EARNINGS  &  HOURS  WORKED  IN  MANUFACTURING* 

HOURLY-RATED  WAGE-EARNERS 

Dominion  Bureau  of  Statistics 


AVERAGE 

HOURLY  EARNINGS(1) 

AVERAGE  HOURS  WORKED 

AVERAGE  WEEKLY  EARNINGS0' 

Cents 

Dollars 

All  Manu- 

Durable 

Non-Durable 

All  Manu- 

Durable 

Non-Durable 

All  Manu- 

Durable 

Non-Durable 

~ 

factures 

Goods 

Goods 

factures 

Goods 

Goods 

factures 

Goods 

Goods 

Average  of  Months 

1945 

69.4 

76.8 

60.8 

44.3 

44.7 

43.8 

30.71 

34.30 

26.59 

1946 

70.0 

76.4 

63.8 

42.7 

42.7 

42.6 

29.87 

32.68 

27.18 

1947 

80.3 

87.2 

73.4 

42.5 

42.7 

42.3 

34.16 

37.25 

31.09 

1948 

91.3 

98.4 

84.0 

42.2 

42.3 

42.0 

38.50 

41.67 

35.29 

1949 

98.6 

106.5 

90.6 

42.3 

42.5 

42.0 

41.67 

45.28 

38.09 

1950 

103.6 

112.0 

95.2 

42.3 

42.5 

42.2 

43.86 

47.55 

40.22 

1951 

116.8 

125.8 

107.2 

41.8 

42.0 

41.7 

48.87 

52.85 

44.64 

1st  of  Montht 

1950—  Aug. 

104.2 

112.5 

95.8 

42.5 

42.7 

42.2 

44.29 

48  04 

40.43 

Sept. 

104.4 

112.9 

95.9 

41.9 

41.5 

42.4 

43.74 

46.85 

40.66 

Oct. 

105.3 

114.3 

96.3 

42.9 

43.0 

42.8 

45.17 

49.15 

41.22 

Nov. 

106.4 

115.2 

97.5 

43.0 

43.1 

43.0 

45.75 

49.65 

41.93 

Dec. 

107.8 

116.4 

99.0 

43.1 

43.1 

43.1 

46.46 

50.17 

42.67 

1951— Jan. 

109.0 

117.1 

100.5 

40.1 

40.2 

39.9 

43.71 

47.07 

40.10 

Feb. 

110.4 

119.0 

101.2 

42.9 

43.1 

42.6 

47.36 

51.29 

43.11 

Mar. 

111.4 

119.9 

102.3 

42.3 

42.5 

42.2 

47.12 

50.96 

43.17 

Apr. 

112.8 

121.6 

103.4 

42.2 

42.3 

42.1 

47.60 

51.44 

43.53 

May 

114.1 

122.9 

104.6 

42.5 

42.6 

42.5 

48.49 

52.31 

44.39 

June 

115.9 

123.8 

107.2 

41.9 

42.1 

41.6 

48.56 

52.12 

44.60 

July 

118.4 

127.0 

109.1 

41.7 

42.0 

41.4 

49.37 

53.34 

45.17 

Aug. 

119.1 

128.2 

109.4 

41.4 

41.4 

41.3 

49.31 

53.07 

45.18 

Sept. 

120.6 

130.0 

110.6 

41.5 

41.7 

41.4 

50.05 

54.21 

45.79 

Oct. 

121.9 

132.1 

111.2 

41.9 

42.0 

41.8 

51.08 

55.48 

46.48 

Nov. 

123.5 

133.3 

113.0 

41.8 

42.1 

41.5 

51.62 

56.12 

46.90 

Dec. 

124.5 

134.6 

113.6 

41.9 

42.2 

41.6 

52.17 

56.80 

47.26 

*     Covers  establishments  usually  not  less  than  IS  persons  and  includes  overtime  and  part-time  workers, 
t     As  reported  for  last  week  of  the  previous  month. 
(1)    Gross  earnings  before  deductions  for  taxes,  unemployment  insurance,  etc. 

AVERAGE    HOURLY   AND    WEEKLY    EARNINGS    IN    MANUFACTURING' 


DOLLARS  PER  HOUR 

1.30 


WEEKLY  EARNINGS1 

DOLLARS  PER  WEEK 


DOLLARS  PER  WEEK 

52 


M         J 

ids  i 

*  Hourly-rated  wage-earners. 

t   1st  of  month  figures  for  the  last  week  of  the  previous  month.     So  far  as  weekly  wages  are  concerned,  Jan.  1st  figures  are  affected  by  loss  of  working 

time  during  the  holiday  season  and  the  average  of  Dec.  1st  and  Feb.  1st  has  been  used. 
(1)  Current  dollars  divided  by  D.B.S.  cost  of  living  index  on  base  1949 — 100. 


FEBRUARY  1952 


32 


XIII— STEAM  RAILWAYS  :  OPERATING  STATISTICS! 

Dominion  Bureau  of  Statistics 


Salaries 

Single 

Revenue  Freight  Traffic 

Passenger  Traffic 

Employees 

and 
Wages 

Track 

Mileage 

Train 

Miles 

Tons*" 

Carried 

Tons 
Carried 
1  Mile 

Train 

Miles 

Passengers 
Carried 

Passengers 
Carried 
1  Mile 

Thousands 

$  mm. 

Miles 

Millions 

Millions 

1926 

174 

253 

40,350 

* 

105 

34,153 

* 

43 

2,999 

1927 

176 

267 

40,570 

* 

106 

34,902 

* 

42 

3,052 

1928 

188 

288 

41,022 

* 

119 

41,611 

* 

41 

3,141 

1929 

188 

291 

41,380 

* 

115 

35,026 

* 

39 

2,897 

1930 

174 

268 

42,047 

* 

96 

29,605 

* 

35 

2,423 

1931 

155 

229 

42,280 

* 

74 

25,707 

* 

26 

1,748 

1932 

133 

181 

42,409 

*     i 

61 

23,137 

* 

21 

1,436 

1933 

122 

158 

42,336 

* 

57 

21,093 

• 

19 

1,393 

1934 

127 

163 

42,270 

* 

68 

23,320 

* 

21 

1,531 

1935 

128 

173 

42,916 

* 

69 

24,235 

* 

20 

1,585 

1936 

133 

183 

42,552 

50 

76 

26,414 

33 

20 

1,726 

1937 

134 

194 

42,727 

52 

82 

26,926 

37 

22 

1,929 

1938 

128 

195 

42,742 

49 

76 

26,835 

36 

21 

1,783 

1939 

129 

200 

42,637 

52 

85 

31,465 

37 

20 

1,752 

1940 

136 

215 

42,565 

59 

98 

37,898 

37 

22 

2,176 

1941 

149 

252 

42,441 

73 

117 

49,982 

40 

30 

3,206 

1942 

158 

291 

42,339 

77 

135 

56,154 

43 

48 

4,989 

1943 

170 

324 

42,346 

81 

153 

63,915 

46 

57 

6,525 

1944 

175 

372 

42,336 

84 

155 

65,928 

47 

60 

6,873 

1945 

181 

372 

42,352 

81 

147 

63,349 

47 

53 

6,380 

1946 

180 

397 

42,335 

78 

139 

55,310 

46 

43 

4,649 

1947 

184 

430 

42,322 

82 

153 

60,143 

45 

41 

3,733 

1948 

190 

512 

42,248 

83 

155 

59,080 

46 

38 

3,477 

1949 

192 

523 

42,979 

82 

143 

56,338 

46 

35 

3,193 

1950 

190 

523 

42,978 

81 

144 

55,538 

44 

31 

2,816 

Rail  Line  Earnings 

Other") 
Earnings 

Gross 
Earnings 

Operating 
Expenses 

Net 
Operating 

Freight 

Passenger        Express            Other 

Total 

Revenue 

Millions  of  Dollars 

1926 

356 

88 

22 

12 

478 

16 

494 

390 

104 

1927 

359 

89 

22 

13 

483 

17 

499 

408 

91 

1928 

414 

91 

23 

13 

541 

23 

564 

443 

121 

1929 

385 

88 

23 

14 

510 

24 

534 

433 

101 

1930 

323 

74 

21 

12 

430 

24 

454 

381 

74 

1931 

260 

52 

16 

12 

340 

18 

359 

321 

38 

1932 

217 

40 

13 

10 

280 

13 

293 

257 

37 

1933 

202 

35 

11 

10 

258 

12 

270 

233 

37 

1934 

227 

38 

12 

11 

288 

13 

301 

252 

49 

1935 

236 

38 

12 

10 

296 

14 

310 

264 

46 

1936 

256 

39 

13 

11 

319 

16 

335 

283 

51 

1937 

270 

43 

13 

12 

338 

17 

355 

301 

54 

1938 

256 

41 

12 

11 

320 

17 

337 

296 

41 

1939 

286 

40 

14 

11 

351 

17 

367 

304 

63 

1940 

334 

46 

19 

13 

412 

17 

429 

335 

94 

1941 

421 

65 

17 

13 

516 

22 

538 

404 

135 

1942 

503 

99 

19 

15 

636 

28 

664 

486 

178 

1943 

569 

134 

26 

15 

744 

35 

779 

561 

218 

1944 

578 

143 

26 

15 

762 

34 

797 

635 

162 

1945 

559 

137 

28 

15 

739 

36 

775 

631 

143 

1946 

532 

110 

28 

15 

685 

34 

719 

624 

95 

1947 

608 

97 

30 

16 

751 

34 

785 

691 

94 

1948 

699 

92 

32 

17 

840 

35 

876 

808 

68 

1949 

707 

95 

36 

18 

857 

38 

894 

831 

63 

1950 

769 

88    * 

36 

24 

917 

42 

959 

834 

125 

t  Includes  Newfoundland  commencing  in  1949.  (1)   Originated  on  Canadian  Railways  and  received  from  foreign  connections. 

Telegraph  and  Telephone.  Dining  and  Buffet,  Storage,  Water  line,  etc.         *  Not  available. 


(2)   Includes  earnings  from 


33 


FEBRUARY  1952 


XIV— GRAINS  :  ACREAGE  AND  PRODUCTION 

Dominion  Bureau  of  Statistics 


WHEAT 


mm.  bus.  mm.  acres 


OATS 


mm.  bus.  mm.  acres 


BARLEY 


mm.  bus.  mm.  acres 


RYE 


mm.  bus.  mm.  acres 


FLAXSEED 


mm.  bus.  mm.  acres 


OTHER  GRAINS 


mm.  bus.  mm.  acres 


(2) 

SUMMER 
FAI  LOW 


mm. acres 


mm. acres 


TOTAL 

CANADA 

1942 

556.7 

21.6 

652.0 

13.8 

259.2 

7.0 

24.7 

1.3 

15.0 

1.5 

88.2 

2.3 

20.0 

67.4 

1943 

284.5 

16.9 

482.0 

15.4 

215.6 

8.4 

7.1 

.6 

17.9 

2.9 

49.7 

2.0 

20.6 

66.8 

1944 

416.6 

23.3 

499.6 

14.3 

194.7 

7.3 

8.5 

.6 

9.7 

1.3 

74.7 

2.0 

19.4 

68.3 

1945 

318.5 

23.4 

381.6 

14.4 

157.8 

7.4 

5.9 

.5 

7.6 

1.1 

62.5 

2.0 

19.9 

68.5 

1946 

413.7 

24.5 

371.1 

12.1 

148.9 

6.3 

8.8 

.7 

6.4 

.8 

68.6 

1.8 

20.4 

66.6 

1947 

341.8 

24.3 

278.7 

11.0 

141.4 

7.5 

13.2 

1.2 

12.3 

1.6 

46.8 

1.6 

19.4 

66.6 

1948 

386.3 

23.9 

358.8 

11.2 

155.0 

6.5 

25.3 

2.1 

17  J 

1.9 

78.4 

2.0 

20.0 

67.5 

1949 

371.4 

27.6 

317.9 

11.4 

120.4 

6.0 

10.0 

1.2 

2.3 

.3 

73.1 

2.1 

21.0 

69.S 

1950 

461.7 

27.0 

419.9 

11.6 

171.4 

6.6 

13.3 

1.2 

4.7 

.6 

92.0 

2.1 

21.0 

70.1 

1951f 

562.4 

25.7 

492.7 

12.1 

252.8 

8.0 

18.0 

1.1 

9.2 

1.1 

100.0 

2.3 

20.3 

70.6 

MANITOBA 


1942 

53.0 

1.9 

70.0 

1.5 

74.0 

2.0 

3.6 

.2 

2.0 

.2 

2.3 

.1 

2.4 

8.3 

1943 

39.0 

1.6 

63.0 

1.6 

68.0 

2.3 

.8 

.1 

2.8 

.3 

2.2 

.1 

2.3 

8.4 

1944 

50.3 

2.5 

61.0 

1.6 

54.7 

2.1 

.6 

- 

1.8 

.2 

1.9 

.1 

1.8 

8.4 

1945 

38.8 

2.1 

54.5 

1.7 

52.5 

2.1 

.4 

- 

2.8 

.3 

1.3 

.1 

2.5 

8.8 

1946 

58.0 

2.5 

50.0 

1.4 

43.0 

1.7 

.3 

- 

3.0 

.3 

.8 

- 

2.6 

8.6 

1947 

42.0 

2.5 

39.0 

1.4 

34.0 

1.9 

.6 

_ 

5.2 

.6 

.6 

_ 

2.2 

8.6 

1948 

50.0 

2.2 

60.0 

1.5 

45.0 

1.5 

2.0 

.1 

9.0 

1.0 

.7 

- 

2.1 

8.4 

1949 

52.0 

2.9 

53.0 

1.7 

40.0 

1.7 

.8 

- 

1.1 

.1 

1.0 

- 

2.2 

8.7 

1950 

50.0 

2.4 

70.0 

1.6 

55.0 

1.7 

1.3 

.1 

2.9 

.3 

1.2 

.1 

2.6 

8.7 

1951f 

52.0 

2.4 

60.0 

1.7 

56.0 

2.0 

.7 

— 

4.5 

.6 

.9 

— 

2.2 

9.0 

SASKATCHEWAN 


1942 

305.0 

12.4 

255.0 

4.9 

92.0 

2.5 

15.0 

.8 

10.5 

1.1 

2.5 

.1 

11.7 

33.4 

1943 

146.0 

9.6 

200.0 

6.5 

80.0 

3.3 

3.8 

.3 

11.5 

2.1 

1.9 

.1 

12.0 

33.9 

1944 

242.1 

13.2 

198.0 

5.6 

72.0 

2.7 

4.8 

.4 

6.4 

.9 

3.8 

.1 

11.6 

34.6 

1945 

168.1 

13.6 

143.0 

5.7 

54.5 

2.7 

2.6 

.3 

3.8 

.7 

1.4 

.1 

11.7 

34.7 

1946 

208.0 

14.2 

100.0 

4.3 

43.0 

2.3 

4.0 

.4 

2.6 

.5 

.2 

- 

11.8 

33.6 

1947 

173.0 

14.2 

80.0 

4.0 

45.0 

2.8 

6.8 

.7 

4.2 

.7 

.1 

_ 

11.5 

33.9 

1948 

191.0 

14.4 

89.0 

3.7 

42.0 

2.3 

10.5 

1.2 

4.7 

.6 

.1 

- 

11.7 

33.9 

1949 

186.0 

15.7 

85.0 

3.4 

33.0 

1.8 

4.4 

.7 

.7 

.1 

.1 

- 

12.7 

34.4 

1950 

260.0 

16.2 

112.0 

3.4 

46.0 

2.0 

6.2 

.7 

1.0 

.2 

.1 

- 

12.5 

34.9 

1951f 

329.0 

15.8 

140.0 

3.6 

77.0 

2.6 

9.3 

.7 

2.7 

.4 

.3 

— 

12.2 

35.2 

ALBERTA 


1942 

171.0 

6.4 

175.0 

3.3 

75.0 

1.9 

4.4 

.2 

2.2 

.2 

2.7 

.1 

5.9 

17.9 

1943 

82.8 

4.8 

129.0 

3.7 

56.0 

2.2 

1.2 

.1 

3.3 

.6 

2.2 

.1 

6.3 

17.8 

1944 

99.3 

6.7 

111.8 

3.2 

51.7 

1.9 

1.7 

.1 

1.2 

.2 

1.6 

.1 

6.0 

18.2 

1945 

87.7 

6.8 

76.0 

3.3 

37.0 

2.0 

1.5 

.1 

.7 

.1 

1.4 

.1 

5.7 

18.2 

1946 

127.0 

7.0 

97.0 

2.8 

48.0 

1.8 

2.9 

.2 

.6 

.1 

.7 

- 

6.0 

17.8 

1947 

105.0 

6.6 

75.0 

2.5 

52.0 

2.4 

4.3 

.3 

2.2 

.3 

.4 

_ 

5.8 

17.9 

1948 

115.0 

6.3 

75.0 

2.4 

55.0 

2.2 

9.9 

.6 

3.1 

.3 

1.1 

- 

6.2 

18.0 

1949 

103.0 

7.9 

52.0 

2.3 

36.0 

2.1 

2.4 

.3 

.3 

- 

.7 

- 

6.1 

18.9 

1950 

117.0 

7.3 

72.0 

2.5 

56.0 

2.5 

3.7 

.3 

.4 

- 

1.1 

- 

6.0 

18.6 

1951f 

150.0 

6.4 

123.0 

2.6 

105.0 

3.0 

6.1 

.3 

1.2 

.1 

2.3 

.1 

5.9 

18.4 

OTHER  PROVINCES 

1942 

27.7 

.9 

152.0 

4.1 

18.2 

£ 

1.7 

.3 

80.8 

2.0 

* 

7.7 

1943 

16.7 

.8 

90.0 

3.6 

11.6 

.5 

1.3 

.3 

- 

43.4 

1.7 

* 

6.7 

1944 

24.9 

.8 

128.8 

3.9 

16.3 

.5 

1.4 

.3 

- 

67.4 

1.8 

* 

7.2 

1945 

23.9 

.8 

108.1 

3.6 

13.8          .5 

1.4 

.3 

- 

58.5 

1.8 

* 

6.8 

1946 

20.7 

.7 

124.1 

3.6 

14.9 

.5 

1.5 

.2 

- 

66.9 

1.7 

* 

6.6 

1947 

21.8 

.9 

84.7 

3.2 

10.4 

.4 

1.6 

.7 

.1 

45.7 

1.6 

* 

6.2 

1948 

30.3 

1.1 

134.8 

3.7 

13.0 

.4 

3.0 

.9 

.1 

76.5 

1.9 

* 

7.3 

1949 

30.4 

1.1 

127.9 

4.1 

11.4 

.4 

2.5 

.2 

- 

71.3 

2.0 

* 

7.7 

1950 

34.7 

1.2 

165.9 

4.1 

14.4 

.4 

2.1 

.4 

- 

89.6 

2.0 

* 

7.9 

1951f 

31.4 

1.2 

169.7 

4.1 

14.8 

.4 

1.9 

.8 

.1 

96.6 

2.2 

* 

8.0 

(1)  Buckwheat,  mixed  grains  and  shelled  corn.     (2)  Prairie  Provinces.     *  Not  available,     t  Revised  estimate. 


FEBRUARY  1952 


34 


Millions  of  Dollars 


XV— EXPORTS  AND  IMPORTS  BY  COUNTRIES 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 


MERCHANDISE  EXPORTS 


U)» 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.K. 

Union 

Other 

Western 

Central 

Total 

Non- 
monetary 

U.S.A. 

U.K. 

Dependen- 

OF 

Sterling 

Europe  & 

AND 

Other 

All 

Gold 

cies 

South 
Africa 

Area 
(3) 

Colonies 

(4) 

South 
America 

(S) 

Countries 

Exports 

Calendar  Years 

1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12  Mths.  end'g 

Jan.  1952(6) 

2,330 

643 

77 

53 

144 

375 

228 

151 

3,999 

146 

Monthly 

1950-Oct. 

207.2 

45.9 

4.3 

4.9 

7.0 

23.5 

15.4 

5.9 

314.0 

16.4 

Nov. 

196.0 

39.7 

4.7 

2.9 

11.9 

25.4 

13.9 

6.6 

301.0 

12.3 

Dec. 

190.5 

36.2 

3.2 

2.6 

11.4 

20.7 

13.1 

4.4 

282.0 

11.3 

1951-Jan. 

191.2 

40.0 

4.8 

3.9 

10.4 

16.2 

14.1 

10.8 

291.4 

17.3 

Feb. 

155.4 

33.0 

3.8 

1.2 

10.1 

14.6 

11.4 

7.8 

237.4 

11.7 

Mar. 

193.8 

38.9 

4.7 

3.6 

13.4 

14.5 

12.5 

9.9 

291.4 

8.4 

Apr. 

188.5 

43.8 

5.2 

6.5 

11.4 

17.8 

14.9 

15.2 

303.4 

16.2 

May 

206.2 

51.4 

6.3 

4.3 

9.2 

20.6 

18.0 

15.9 

331.9 

13.0 

June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan.<« 

191.0 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.4 

Millions  of  Dollars 


MERCHANDISE  IMPORTS1 


Excess  of 

TOTAL  II 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.K. 

(2) 

Dependen- 
cies 

of 

South 
Africa 

Sterling 
Area 

(3) 

Europe  & 

Colonies 

(4) 

and 

South 

America 

Other 
(5) 

All 
Countries 

Merch- 
andise 
Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2.130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

Monthly 

1950-Aug. 

172.6 

34.3 

14.1 

.2 

7.3 

10.9 

21.9 

6.0 

267.3 

4.0 

Sept. 

177.4 

36.2 

14.7 

.6 

8.4 

11.0 

25.4 

6.0 

279.7 

5.3 

Oct. 

208.3 

41.6 

14.8 

.5 

12.2 

13.8 

22.0 

7.3 

320.5 

6.5 

Nov. 

214.8 

39.5 

16.0 

.8 

13.8 

15.3 

20.6 

6.5 

327.3 

26.3 

Dec. 

182.3 

32.0 

11.7 

.2 

8.3 

10.4 

16.2 

5.1 

266.3 

15.7 

1951-Jan. 

233.3 

33.9 

12.5 

.2 

10.2 

9.5 

22.1 

5.4 

327.1 

35.7 

Feb. 

199.0 

27.8 

7.8 

.4 

6.7 

9.1 

17.0 

6.2 

274.2 

36.7 

Mar. 

245.7 

30.4 

12.2 

.5 

12.3 

11.4 

22.5 

7.4 

342.5 

51.1 

Apr. 

278.3 

48.9 

12.7 

.5 

9.2 

14.1 

22.2 

7.0 

393.0 

89.7 

May 

273.2 

43.2 

19.7 

.8 

11.6 

18.5 

27.3 

10.5 

404.7 

72.8 

June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec.<6) 

203.1 

19.4 

8.4 

.3 

5.3 

9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan.<" 

229.4 

24.3 

307.4 

23.7 

*  Commencing  April  1.  1949,  external  trade  of  Newfoundland  is  included 
and  Canadian  trade  with  Newfoundland,  formerly  in  the  "All  Other" 
category,  disappears. 

(1)  Includes  exports  of  foreign  produce.  In  the  case  of  wheat,  export  figures 
are  based  on  Board  of  Grain  Commissioners  rather  than  Customs  data. 
Excludes  defence  equipment  transferred  by  Canada  to  North  Atlantic 
Treaty  countries  which  in  1950  and  19S1  amounted  to  56.8  and  109.1  million 
dollars  respectively. 

(2)  Imports  from  the  United  Kingdom  do   not  include  articles  imported  for 


(3) 

(4) 
(5) 

(6) 


the  use  of  the  armed  forces  of  the  United  Kingdom.   In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)  and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded. 

Consists  of  Erie.  India,  Pakistan.  Burma.  Australia.  New  Zealand,  Iceland, 

Ceylon  and  Iraq.     Egypt  is  included  in  All  Other. 

Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

Includes  Egypt.  Spain,  Palestine,  and  also  Newfoundland  until  March  31. 

1949. 

Preliminary.         (7)   Estimates 


35 

FEBRUARY 

1952 

FEBRUARY 

1952 

36 

XVI— MERCHANDISE  IMPORTS: 

COMMODITY  CLASSIFICATION 

Compiled  from  "Trade  of  Canada", 

Dominion  Bureau  of  Statistics 

Millions  of  Dollars 

(Exclurl 

ing  Gold) 

Millions  of  Dollars 

Grains 

Hides 

Other 

Cotton 

Wool 

Fruits 
and 
Nuts 

Vegetables 

and 

Milled 

Products 

(incl.  rice) 

Sugar 

and 

Products 

Tea 
and 
Coffee 

Alcoholic 

Beverages 

(1) 

Vegetable 
Oils 
(non- 
edible) 

Rubber 
(incl.  syn- 
thetic) 

Furs 

and 
Leather 
(unmfd. 
and  mfd.) 

Vegetable 

and 

Animal 

Products 

Silk 

(raw  and 

mfd.) 

Artificial 
Silk 

Flax.  Hemp 
and  Jute 

Other 
Textiles 

Paper 

Books  and 
Printed 
Matter 

OtherWood 
and  Wood 
Products 

Raw  and 
Unmfd. 

Mfd. 

Raw  and 
Unmfd. 

Mfd. 

Calendar  Years 
1929 

39 

11 

26 

28 

18 

47 

12 

23 

15 

20 

64 

28 

34 

29 

10 

40 

13 

15 

30 

15 

18 

30 

Calendar  Years 
1929 

1932 

21 

5 

6 

17 

10 

17 

5 

4 

4 

6 

20 

8 

13 

10 

5 

11 

3 

6 

12 

7 

10 

6 

1932 

1937 

29 

6 

18 

'21 

14 

8 

16 

19 

8 

12 

27 

21 

20 

8 

16 

19 

4 

11 

16 

8 

14 

12 

1937 

1946 

118 

27 

20 

40 

26 

13 

12 

20 

27 

13 

58 

45 

75 

4 

30 

35 

22 

23 

31 

19 

31 

20 

1946 

1947 

100 

25 

36 

57 

35 

14 

23 

29 

22 

26 

76 

61 

119 

7 

30 

54 

34 

38 

46 

23 

32 

35 

1947 

1948 

91 

8 

31 

72 

42 

16 

19 

32 

25 

19 

83  , 

57 

78 

4 

48 

67 

30 

27 

39 

17 

31 

25 

1948 

1949 

96 

19 

26 

71 

50 

22 

21 

29 

20 

25 

74 

67 

73 

6 

37 

63 

30 

20 

37 

20 

36 

30 

1949 

1950 

113 

25 

39 

87 

71 

17 

31 

49 

22 

28 

89 

91 

67 

8 

55 

52 

21 

26 

45 

23 

42 

34 

1950 

1951 

118 

31 

46 

86 

71 

18 

35 

85 

22 

31 

126 

97 

87 

8 

95 

68 

35 

31 

64 

35 

51 

51 

1951 

Monthly 
1950— July 

11.3 

2.2 

3.1 

7.6 

5.8 

1.1 

3.9 

2.8 

1.0 

1.4 

5.5 

5.4 

5.0 

.6 

4.9 

4.0 

1.4 

2.6 

3.0 

1.8 

3.2 

2.8 

Monthly 
July— 1950 
Aug. 
Sept. 
Oct. 

Aug. 
Sept. 
Oct. 

10.9 

.3 

4.0 

8.2 

5.6 

1.2 

1.9 

4.1 

1.4 

1.9 

6.7 

7.0 

5.0 

.5 

5.5 

4.7 

1.7 

1.4 

3.2 

1.8 

3.6 

2.9 

9.1 

.3 

4.5 

7.4 

6.8 

1.5 

2.0 

5.6 

2.2 

2.5 

7.5 

10.0 

4.8 

.6 

4.5 

4.2 

1.7 

2.3 

3.7 

1.9 

3.8 

2.9 

9.7 

.8 

■4.3 

15.0 

8.0 

1.5 

3.7 

4.6 

3.1 

3.2 

9.3 

9.4 

6.1 

.8 

5.2 

5.0 

2.1 

2.2 

4.8 

2.2 

4.2 

3.6 

Nov. 

10.4 

1.4 

4.7 

11.2  . 

6.3 

2.3 

3.5 

6.3 

1.9 

3.3 

12.3 

10.9 

6.5 

.9 

6.0 

4.4 

2.4 

2.4 

4.7 

2.5 

4.1 

3.4 

Nov. 

Dec. 

9.0 

1.7 

6.0 

6.6 

4.7 

2.2 

2.6 

7.2 

1.4 

2.8 

9.1 

12.0 

5.5 

.8 

6.0 

3.9 

2.0 

1.7 

3.5 

2.2 

3.4 

2.7 

Dec. 

1951— Jan. 

9.3 

2.5 

2.3 

3.8 

6.7 

1.6 

4.0 

11.9 

4.7 

3.7 

10.0 

10.7 

9.8 

1.1 

6.6 

6.2 

3.1 

2.5 

5.3 

2.8 

4.2 

3.8 

Jan.— 1951 

Feb. 

8.0 

2.1 

1.9 

1.9 

5.8 

1.3 

2.9 

7.3 

3.1 

3.1 

9.0 

7.2 

8.6 

.8 

7.4 

5.9 

2.5 

1.3 

4.7 

2.6 

3.4 

3.9 

Feb. 

Mar. 

9.8 

3.1 

2.9 

3.2 

7.4 

1.8 

3.8 

9.9 

2.6 

3.5 

12.0 

12.5 

9.5 

.8 

8.6 

5.8 

3.5 

2.2 

6.4 

3.1 

4.1 

5.0 

Mar. 

Apr. 

10.1 

3.4 

5.3 

5.9 

6.6 

1.1 

6.6 

7.7 

2.4 

3.6 

11.0 

11.5 

11.9 

.7 

13.2 

9.0 

4.9 

2.8 

6.6 

3.0 

4.7 

5.0 

Apr. 

May 

10.3 

4. « 

6.2 

10.4 

6.2 

1.0 

5.6 

9.4 

1.6 

2.8 

10.3 

12.6 

8.2 

.6 

9.7 

6.6 

4.0 

2.6 

6.8 

2.8 

4.2 

5.0 

May 

June 

10.3. 

4.7 

3.5 

9.2 

5.1 

1.2 

3.6 

8.0 

1.3 

3.1 

8.9 

7.1 

6.2 

.6 

9.9 

5.5 

3.2 

4.0 

4.8 

2.6 

3.8 

5.3 

June 

July 

11.7 

2.0 

2.3 

8.4 

5.4 

1.2 

2.4 

6.6 

1.4 

2.6 

11.5 

3.3 

6.5 

.6 

14.8 

6.6 

3.1 

4.8 

4.9 

2.7 

4.1 

4.9 

July 

Aug. 

11.3 

.6 

2.1 

14.2 

4.6 

1.2 

1.1 

7.1 

.7 

2.2 

10.1 

3.7 

6.3 

.6 

11.6 

6.5 

2.8 

2.8 

4.9 

2.8 

4.4 

4.3 

Aug. 

Sept. 

8.7 

.5 

2.1 

9.9 

4.3 

1.4 

1.1 

4.0 

.9 

1.9 

10.2 

4.3 

4.6 

.5 

6.6 

5.0 

2.2 

2.2 

5.1 

2.6 

4.5 

3.5 

Sept. 

Oct. 

•   9.4 

1.9 

4.0 

9.6 

6.1 

2.3 

1.4    ' 

4.7 

1.0 

2.0 

12.9 

5.3 

5.3 

.5 

2.4 

4.4 

2.4 

1.7 

4.6 

3.5 

5.0 

4.0 

Oct. 

Nov. 

9.9 

2.7 

5.6 

5.8 

7.2 

2.0 

.9 

3.7 

.8 

1.6 

11.5 

10.6 

5.4 

.4 

2.0 

3.5 

2.0 

3.0 

4.5 

3.4 

4.5 

3.7 

Nov. 

Dec. 

8.6 

3.4 

8.0 

3.7 

5.3 

2.2 

\    1.4 

4.3 

1.2 

1.2 

8.6 

7.8 

4.4 

.4 

2.0 

2.8 

1.6 

1.2 

4.9 

2.7 

4.0 

3.0 

Dec. 

Chemicals 

Pigs,  Ingots 

Bars  and 

Sheets, 

Structural 

Castings 

Engines, 

Farm 

Machinery 

Motor 

Other 

Tin 

Other 

Coal 

Petroleum 

Other 

All 

Totalt 

and 

Iron 

Blooms 

Rods  incl. 

Plates, 

Iron  and 

Loco- 

Implements 

(except 

Vehicles 

Iron 

Bauxite 

Electrical 

Non-ferrous 

and 

and 

Glass 

Non- 

Other 

Allied 

Ore 

and 

Rails 

Hoop,  Band 

Steel 

Korgings 

motives 

and 

agri- 

and 

and 

Ore 

Products 

Apparatus 

Metals 

Products 

Products 

metallic 

Imports 

Imports 

Products 

Billets 

and  Strip 

and  Boilers 

Machinery 

cultural) 

Parts 

Steel 

Minerals 

Calendar  Years 

Calendar  Years 

1929 

40 

5 

3 

12 

37 

15 

6 

18 

32 

70 

85 

60 

3 

3 

37 

48 

64 

77 

11 

35 

75 

1,299 

1929 

•  1932 

28 

- 

_ 

1 

11 

1 

2 

6 

2 

16 

13 

14 

2 

1 

8 

11 

35 

43 

5 

13 

33 

453 

1932 

1937 

37 

5 

1 

5 

37 

4 

3 

11 

17 

46 

49 

33 

4 

3 

16 

25 

42 

59 

9 

27 

48 

809 

1937 

1946 

93 

6 

1 

8 

38 

8 

7 

29 

68 

130 

106 

89 

9 

6 

48 

58 

133 

123 

23 

53 

119 

1,864 

1946 

1947 

113 

13 

2 

12 

48 

18 

9 

44 

105 

206 

178 

127 

9 

7 

69 

77 

154 

207 

29 

63 

159 

2,570 

1947 

1948 

118 

16 

6 

12 

54 

18 

10 

50 

140 

217 

132 

128 

10 

8 

62 

76 

206 

301 

26 

73 

115 

2,636 

1948 

1949 

131 

12 

6 

13 

67 

18 

13 

59 

177 

216 

167 

143 

10 

8 

70 

87 

157 

274 

25 

79 

157 

2,760 

1949 

1950 

158 

17 

5 

11 

66 

16 

10 

55 

162 

226 

250 

163 

10 

10 

83 

113 

190 

307 

28 

86 

171 

3,173 

1950 

1951 

192 

23 

16 

26 

108 

39 

14 

88 

195 

329 

271 

224 

15 

20 

120 

136 

190 

353 

32 

109 

295 

4,083 

1951 

Monthly 

Monthly 

1950— July 

12.6 

2.5 

.4 

.9 

5.6 

.     1.3 

.7 

6.3 

13.0 

18.3 

22.2 

13.0 

1.1 

.5 

5.7 

8.1 

16.1 

27.0 

2.2 

8.0 

13.5 

259.5 

July— 1950 

Aug. 

12.8 

2.5 

.4 

.7 

5.3 

1.2 

.7 

4.4 

13.7 

17.3 

19.6 

15.6 

.9 

1.1 

6.4 

7.6 

18.3 

28.6 

2.2 

7.9 

16.6 

267.3 

Aug. 

Sept. 

13.6 

3.3 

.7 

1.0 

6.3 

1.5 

1.0 

3.7 

8.9 

17.3 

20.2 

13.3 

1.7 

1.2 

6.5 

12.1 

19.5 

33.0 

2.3 

7.7 

15.0 

279.7 

Sept. 

Oct. 

14.8 

2.9 

.4 

1.7 

7.4 

1.8 

.8 

4.8 

9.6 

22.0 

23.3 

15.8 

1.5 

1.2 

8.0 

11.2 

21.2 

33.1 

2.7 

9.8 

17.5 

320.5 

Oct. 

Nov. 

16.2 

2.2 

1.2 

1.5 

7.9 

1.8 

1.3 

4.3. 

9.4 

21.9 

24.9 

16.4 

1.7 

1.9 

8.3 

12.1 

19.8 

31.5 

3.0 

9.8 

18.2 

327.3 

Nov. 

Dec. 

11.9 

.5 

.8 

1.0 

5.6 

1.5 

.9 

4.2 

8.6 

19.0 

19.3 

13.2 

.5 

.8 

7.2 

10.7 

13.2 

27.4 

2.3 

6.3 

14.2 

266.3 

Dec. 

1951— Jan. 

17.6 

_ 

1.0 

1.6 

7.4 

2.0 

.8 

6.3 

12.2 

25.7 

25.8 

17.7 

.6 

1.1 

9.5 

11.3 

14.0 

27.1 

2.8 

7.3 

18.7 

327.1 

Jan.— 1951 

Feb. 

14.0 

- 

.9 

1.1 

6.3 

1.7 

.6 

5.6 

13.5 

20.8 

24.0 

13.9 

.5 

1.5 

7.8 

9.5 

13.1 

20.1 

2.2 

6.2 

16.4 

274.2 

Feb. 

Mar. 

17.4 

- 

1.9 

1.3 

8.6 

2.0 

.8 

7.1 

16.5 

26.0 

28.6 

18.3 

.5 

2.3 

10.4 

14.4 

10.5 

23.7 

2.8 

7.3 

20.7 

342.5 

Mar. 

Apr. 

18.8 

.4 

.9 

1.9 

10.6 

2.9 

1.1 

8.4 

21.2 

29.9 

34.2 

22.5 

.8 

1.9 

11.4 

11.7 

12.7 

25.1 

3.4 

9.9 

26.4 

393.0 

Apr. 

May 

18.5 

1.3 

.8 

1.8 

9.7 

4.0 

1.3 

7.6 

21.5 

31.8 

30.6 

22.9 

1.2 

2.0 

11.0 

14.0 

16.8 

34.2 

3.1 

10.3 

29.0 

404.7 

May 

June 

15.5 

3.2 

.8 

2.2 

9.9 

3.2 

1.0 

6.6 

18.0 

29.4 

26.4 

19.5 

1.4 

.8 

10.3 

12.5 

17.8 

30.1 

2.7 

10.6 

26.9 

360.4 

June 

July 

16.9 

3.7 

.8 

2.2 

10.4 

3.8 

1.4 

6.9 

18.8 

31.0 

23.0 

19.1 

1.4 

1.7 

9.9 

11.1 

17.0 

38.6 

2.9 

11.0 

27.2 

370.6 

July 

Aug. 

15.3 

4.1 

1.8 

2.3 

9.4 

3.5 

1.2 

5.7 

19.6 

27.7 

15.1 

19.3 

1.8 

1.3 

11.2 

12.9 

18.6 

34.4 

2.6 

11.0 

31.7 

356.7 

Aug. 

Sept. 

14.1 

3.3 

1.0 

3.1 

9.3 

4.0 

1.2 

7.8 

14.2 

26.0 

16.3 

16.8 

2.5 

1.0 

9.7 

7.7 

16.8 

33.5 

2.4 

9.8 

24.4 

311.0 

Sept. 

Oct. 

16.0 

4.0 

1.7 

3.2 

10.7 

4.3 

1.6 

8.6 

15.6    • 

28.0 

17.2 

20.1    • 

2.3 

2.0 

10.9 

11.1 

21.2 

31.9 

2.6 

9.3 

27.4 

344.1 

Oct. 

Nov. 

15.8 

1.7 

1.6 

2.8 

9.2 

4.1 

1.9 

8.9 

12.1 

28.2 

16.2 

18.4 

1.8 

2.6 

9.6 

11.4 

18.8 

28.5 

2.5 

9.3 

25.6 

325.6 

Nov. 

Dec. 

12.0 

.9 

2.5 

2.3 

7.1 

3.5 

.8 

9.0 

12.0 

24.3 

13.9 

15.0 

.6 

1.3 

8.4 

8.2 

13.0 

26.0 

1.8 

7.5 

20.3 

273.0 

Dec. 

(1)    Before  IMS  import 

totals  are  sul 

stantially  ov 

er-valued  ow 

ng  to  inclusi< 

>n  of  U.K.  ex 

rise  taxes  on 

snirits  imnor 

ft\  from  that 

rnimtrv. 

tlmn 

irts  from  the 

United  Kino 

rlnm  do  not 

nclude  articl 

es  imported 

or  the  use  of 

the  armed  forces  of  the  United  Kingt 

om.    In  the 

years  1946  and  1947  articles  free  under  Order  in 

i  Council  (9213)  and  the  item  "Canadian  Goods  Returned"  (9195)  are  excluded. 


\ 


STATISTICAL  SUMMARY 

BANK  OF  CANADA 


Tables  Charts  Pages 

I     Bank  of  Canada  : 

Liabilities  and  Assets 37-38 

Chartered  Banks:  Canadian  Deposits,  Canadian  Loans  and 

Non-Government  Securities,  and  Government  of  Canada  Securities   .  37 

Chartered  Banks:  Canadian  Savings  and  Current  Deposits     ...  38 
II     Chartered  Banks: 

Liabilities  and  Assets 39-40 

III  General  Public  Holdings  of  Certain  Liquid  Assets 39-40 

IV  Government  Bond  Yields  and  Treasury  Bill  Rates 41 

Yields  of  Government  Bonds:  Canada,  U.K.  and  U.S.A.        ...  41 

V    Government  Bond  Yields :  Canada,  U.K.  and  U.S. A 42 

VI    Official  Holdings  of  Gold  and  United  States  Dollars 42 

VII     Foreign  Exchange  Rates 43 

United  States  Dollar  in  Canadian  Funds 43 

VIII     Consumer  Credit  Outstanding 44 

Consumer  Credit  Outstanding 44 

IX    Business  Activity 45 

X    Cost  of  Living 45 

XI    Wholesale  Prices 46 

XII    Stock  Exchange  Statistics 47 

Common  Stock  Price  Index,  Value  of  Listings  and  Member  Borrowings .  47 

XIII  Employment  and  Payrolls 48 

XIV  Cash  Income  from  the  Sale  of  Farm  Products 49 

Cash  Income  from  the  Sale  of  Farm  Products 49 

XV    Construction  of  Dwelling  Units 50 

Construction  of  Dwelling  Units 50 

XVI     Merchandise  Exports:  Commodity  Classification  by  Value    .       .       .  51-52 

XVII     Merchandise  Trade:  Exports  and  Imports  by  Countries         ....  53 

Merchandise  Trade:  Exports  and  Imports 54 


TABLES  AND  CHARTS  MAY    BE   REPRODUCED  OR  REFERRED  TO   PROVIDED  THAT  THE   BANK   OF 
CANADA   STATISTICAL   SUMMARY,   WITH   ITS   DATE,   IS  SPECIFICALLY   QUOTED  AS  THE     SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:   25c   per  copy,   post   free.      For   particulars   apply   to   the   Research   Department,    Bank   of  Canada,   Ottawa. 


MARCH  1952 


37 

•MARCH  1952 

MARCH  1952 

38 

[— BANKJ 

OF  CANADA 

Millions  of  Dollars 

Millions  of  Dollars 

LIABILITIES 

ASSETS 

Chartered  Bank  Cash 

Govt,  of 
Canada 
Deposits 

Foreign 
Currency 
Deposits'" 

Active 

All 

Total 

Foreign'1' 
Exchange 

Securities 

All 

Other 

Accounts 

Notes 
in  Tills 

Deposits 

at 
B.  of  C. 

Total 

Other 
Deposits 

B.  of  C. 

Not£ 
Circulation 

Other 
Accounts 

Liabilities' 

or 

Assets 

Gold 

Silver 

Govt,  of  Canada 
and  Provincial 

Ind.  Dev. 

Bank 
Cap.  Stock 

Other 
Securities 

Total 

Advances 

Under  2  yrs. 

Over  2  yrs. 

As  at  Dec.  31 
1935 

40.6 

181.6 

222.2 

17.9 

.8 

59.1 

7.7 

307.7 

180.5 

1.6 

4.2 

30.9 

83.4 

_ 

114.3 

3.5 

3.5 

As  at  Dec.  31 
1935 

1937 

53.9 

196.0 

249.9 

11.1 

3.5 

- 

111.4 

14.4 

390.3 

179.8 

3.0 

14.9 

82.3 

91.6 

- 

12.2 

186.1 

_ 

6.5 

1937 

1939 

70.6 

217.0 

287.6 

46.3 

17.9 

- 

162.2 

13.3 

527.2 

225.7 
■ff 

~ 

64.3 

181.9 

49.9 

- 

- 

231.8 

- 

5.5 

1939 

1946 

176.9 

565.5 

742.3 

60.5 

93.8 

1.0 

1,009.3 

41.7 

1,948.6 

- 

1.0 

1,197.4 

708.2 

15.0 

_ 

1,920.6 

_ 

27.1 

1946 

1947 

183.9 

536.2 

720.1 

68.8 

67.5 

2.0 

1,027.5 

40.4 

1,926.2 

- 

- 

2.0 

1,022.0 

858.5 

25.0 

- 

1,905.6 

- 

18.7 

1947 

1948 

190.8 

547.3 

738.1 

98.1 

81.0 

.4 

1,098.3 

42.7 

2,058.6 

- 

- 

.5 

1,233.7 

779.1 

25.0 

- 

2,037.7 

- 

20.4 

1948 

1949 

211.8 

541.7 

753.5 

30.7 

126.9 

79.6 

1,095.6 

39.5 

2,125.9 

- 

- 

74.2 

1,781.4 

227.8 

25.0 

5.5 

2,039.7 

- 

12.0 

1949 

1950 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

- 

- 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

- 

24.0 

1950 

1951 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

- 

- 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

1951 

End  of 
1950— Dec. 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

- 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

- 

24.0 

End  of 
Dec.— 1950 

1951— Jan. 

219.6 

537.6 

757.3 

68.3' 

204.4 

136.0 

1,074.8 

53.3 

2,294.1 

- 

- 

118.1 

1,171.0 

731.5 

25.0 

200.3 

2,127.7 

_ 

48.2 

Jan.— 1951 

Feb. 

202.8 

550.5 

753.3 

69.5 

204.6 

128.9 

1,092.6 

39.8 

2,288.7 

- 

- 

117.5 

1,165.4 

757.0 

25.0 

168.7 

2,116.1 

- 

55.1 

Feb. 

Mar.  " 

185.1 

552.9 

738.0 

70.5 

206.7 

88.5 

1,134.4 

28.7 

2,266.8 

- 

- 

80.2 

1,341.9 

673.7 

25.0 

114.4 

2,155.1 

- 

31.6 

Mar. 

Apr. 

203.1 

556.1 

759.2 

56.9 

215.1 

137.7 

1,119.9 

58.9 

2,347.7 

— 

- 

129.0 

1,327.6 

722.5 

25.0 

70.6 

2,145.7 

- 

73.0 

Apr. 

May 

214.8 

530.1 

744.8 

76.2 

221.5 

129.9 

1,122.7 

38.8 

2,334.1 

- 

- 

125.4 

1,313.7 

777.3 

25.0 

45.3 

2,161.3 

- 

47.4 

May 

June 

177.1 

590.7 

767.8 

75.3 

220.1 

132.8 

1,174.2 

32.2 

2,402.4 

— 

- 

117.0 

1,335.2 

846.3 

25.0 

58.8 

2,265.4 

- 

20.1 

June 

July 

226.0 

558.2    ' 

784.2 

91.1 

212.6 

146.7 

1,144.5 

56.2 

2,435.3 

- 

- 

117.0 

1,327.4 

872.5 

25.0 

51.4 

2,276.3 

- 

41.9 

July 

Aug. 

189.7 

.  580.4 

770.1 

115.0 

185.7 

143.0 

1,181.0 

62.8 

2,457.6 

- 

- 

100.1 

1,349.6 

888.1 

25.0 

44.1 

2,306.9 

- 

50.6 

Aug. 

Sept. 

195.2 

579.4 

774.6 

105.6 

140.0 

116.3 

1,192.8 

38.5 

2,367.8 

- 

- 

87.1 

1,297.6 

896.1 

25.0 

31.2 

2,249.9 

- 

30.8 

Sept. 

Oct. 

232.2 

588.3 

820.6 

210.3 

83.3 

102.1 

1,174.3 

62.9 

2,453.4 

— 

- 

96.6 

1,317.5 

956.4 

25.0 

8.2 

2,307.1 

- 

49.7 

Oct. 

Nov. 

195.1 

633.8 

828.9 

66.0 

92.5 

135.1 

1,212.1 

54.4 

2,388.9 

- 

- 

128.9 

1,137.8 

1,043.1 

25.0 

18.8 

2,224.6 

- 

35.4 

Nov. 

Dec. 

273.1' 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

- 

- 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

Dec. 

1952— Jan. 

222.4 

629.2 

851.6 

92.8 

54.9 

994 

1,153.2 

53.9 

2,306.0 

_ 

_ 

85.4 

1,095.4 

1,042.6 

25.0 

24.3 

2,187.2 

- 

33.3 

Jan.— 1952 

Feb. 

175.6 

616.7 

792.3 

88.5 

52.1 

84.7 

1,198.8 

27.8 

2,244.3 

- 

- 

70.4 

1,058.1 

1,027.6 

25.0 

27.3 

2,138.0 

~ 

35.9 

Feb. 

( 1 )   I  ncludes  foreign  excha 

nge  items  for  fo 

reign  clients  anc 

also  the  Gover 

nment  of  Canac 

a  and.  commencing  March  31, 

949,  the  Exchange  Fund  Account.         ic  Sinct 

May  1940,  the  minimum  gold  reserve  requirement  has  been  in  suspense 

CHARTERED    BANKS:   CANADIAN    DEPOSITS.    CANADIAN    LOANS   AND 
NON-GOVERNMENT   SECURITIES'0    AND   GOVERNMENT   OF   CANADA    SECURITIES 

MILLIONS   OF  DOLLARS 


MILLIONS  OF  DOLLARS 


8000 


6000 


4000 


2000 


1948  1949 

(1)    Provincial,  Municipal  and  Corporate  securities. 


CHARTERED    BANKS:   CANADIAN    SAVINGS   AND   CURRENT   DEPOSITS 

MILLIONS  Or  DOLLARS 


MILLIONS  OF  DOLLARS 


4500 


4000 


3500 


3000 


2500 


4500 


4000 


3500 


3000 


-2500 


1946  1949  "950 

(1)  All  Canadian  deposits  other  than  Public  Savings  Accounts. 


39 

MARCH  1952 

MARCH  1952 

II— CHARTE 

RED  BANKS 

Bank  of 

Canada 

Millions  of  Doitars 

LIABILITIES 

ASSETS 

Notes 

Deposits 

Cash 
in    (j) 
Canada 

Securities 

Loans 

Total 

Assets 

Demand 

Notice 

Govt,  of 

Canada 

and  Prov. 

Canadian 
Deposits 

(ii 

Foreign 

Total 
Deposits 

(!) 

Govt,  of      Prov- 
Canada       incial 

Foreign 
Govt. 

Other 

Total 

CANADA 

ABROAD 

Call 

Current 
Public 

Current 
Other 

Call 

Current 

1929 

175 

729 

1,434 

92 

2,270 

442 

2,820 

228 

297 

151 

448 

262 

1,403 

122 

245 

251 

3,521 

1932 

127 

466 

1,378 

72 

1,928 

329 

2,306 

211 

562 

216 

778 

103 

964 

140 

91 

152 

2,852 

1937 

102 

699 

1,583 

53 

2,387 

409 

2,819 

250 

1,111 

59 

242 

1,411 

76 

749 

113 

60 

166 

3,281 

1949 

14 

2,426 

4,433 

367 

7,348 

730 

8,177 

753 

3,112 

445 

242 

545 

4,345 

133 

2,174 

97 

70 

211 

8,718 

1950 

-(«> 

2,770 

4,558 

500 

7,997 

735 

8,867 

810 

3,079 

416 

193 

599 

4,286 

134 

2,651 

125 

100 

247 

9,496 

1951 

- 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

End  of 
1951— Jan. 
Feb. 

_ 

2,638 

4,577 

533 

7,884 

724 

8,739 

757 

3,054 

401 

188 

605 

4,248 

118 

2,671 

124 

113 

252 

9,379 

_ 

2,612 

4,618 

445 

7,841 

734 

8,702 

753 

2,887 

398 

190 

618 

4,093 

109 

2,736 

136 

114 

256 

9,354 

- 

2,487 

4,614 

523 

7,753 

719 

8,625 

738 

2,801 

373 

210 

601 

3,986 

94 

2,856 

152 

96 

252 

9,284 

Apr. 

- 

2,725 

4,598 

360 

7,856 

749 

8,742 

759 

2,742 

368 

208 

607 

3,924 

87 

2,886 

161 

97 

271 

9,403 

- 

2,692 

4,589 

405 

7,829 

747 

8,718 

745 

2,720 

370 

190 

606 

3,886 

92 

2,896 

170 

99 

281 

9,370 

June 

- 

2,578 

4,559 

455 

7,697 

763 

8,618 

768 

2,681 

366 

192 

598 

3,838 

82 

2,898 

164 

110 

281 

9,256 

July 

_ 

2,675 

4,580 

403 

7,809 

753 

8,705 

784 

2,696 

356 

195 

594 

3,840 

84 

2,890 

153 

112 

285 

9,323 

Aug. 

_ 

2,675 

4,583 

409 

7,799 

808 

8,775 

770 

2,679 

355 

210 

588 

3,832 

90 

2,912 

161 

119 

262 

9,378 

Sept. 

- 

2,651 

4,595 

391 

7,724 

769 

8,674 

775 

2,734 

353 

208 

581 

3,876 

107 

2,901 

144 

131 

273 

9,276 

Oct. 

- 

2,907 

4,575 

270 

7,913 

784 

8,833 

821 

2,726 

342 

226 

582 

3,876 

111 

2,893 

141 

82 

290 

9,440 

Nov. 

- 

2,936 

4,616 

276 

8,015 

784 

8,927 

829 

2,744 

357 

214 

578 

3,894 

96 

2,975 

149 

90 

285 

9,544 

Dec. 

- 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

1952— Jan. 

_ 

2,703 

4,639 

363 

7,846 

762 

8,730 

852 

2,819 

339 

214 

556 

3,927 

107 

2,827 

128 

80 

276 

9,343 

Feb. 

- 

2,704 

4,685 

372 

7,918 

758 

8,799 

792 

2,884 

330 

233 

556 

4,003 

95 

2,788 

130 

94 

276 

9,409 

(1)   Estimated  month-end  dep 

osits  payabl 

1  in  Canadia 

n  currency.         (2)  Includes  inter-bank  deposits. 

(3)  Unti 

Malch  1935:  Gold  and 

Coin  in  Canada,  Domin 

ion  Notes  and  "Free"  Central  Gold  Reserve  Deposits:  after  that  date:  Bank  of  Canada  Nt 

end  Canadian  deposits  in  1926 

35  and  mon 

lily  average 

deposits  in  1936  and  after 

(5)   Bank  of  Canada  notes  in  public  circulation  and  until  January   1950  chartered 

bank  note  circulation,  the  latter  being,  after  September  1944,  an  approximate  figure  only 

January  19S0:  liat 

>ility  for  out 

tanding  not 

3  issued  for 

circulation  in 

Canada  transferred  to  Bank  of  Canada  during  January  1950. 

ttt    rar.xrir.n  a 

r    PTTRI 

m  hat 

nrwrve 

r»p  ni? 

RTATNT 

r  TniTin 

ASSi?T< 

!*t 

40 


Millions  of  Dollars 

DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cash  to 

Active 

Canada 

Deposits 

Canadian 

Note  (si 

«> 

Deposits 

Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

802 

7,890 

10.2 

1,079 

Jan.— 1951 

728 

7,766 

9.4 

1,083 

Feb. 

748 

7,655 

9.8 

1,103 

Mar. 

770 

7,734 

10.0 

1,106 

Apr. 

756 

7,731 

9.8 

1,110 

May 

768 

7,702 

10.0 

1,125 

June 

807 

7,761 

10.4 

1,139 

July 

795 

7,686 

10.3 

1,141 

Aug. 

805 

7,680 

10.5 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

839 

7,754 

10.8 

1,150 

Feb. 

-nd  Deposits.  (4)    Figures  given  are  averages  of  estimated  month- 

(6)    Notes  issued  for  circulation  outside  Canada  only  commencing  in 


Millions  of  Dollars 


Currency,  Bank  Deposits  and  (Government  of  Canada  Securities 

Bank  of  I  Canada 


As  at  Dec.  31 

1949 
1950 
1951 
End  of 
1951— Jan. 

Feb. 

Mar. 

Apr. 

May 

June 

July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 
Feb. 


Currency  and  Active  Bank  Deposits 


Currency 
Outside  Banks 


Notes"' 


1,110 
1,136 
1,191 

1,075 
1,093 
1,134 
1,120 
1,123 
1,174 

1,145 
1,181 
1,193 
1,174 
1,212 
1,191 

1,153 
1,199 


Coin<*> 


74 
78 
84 

76 
76 
78 
78 
79 
81 

80 
81 
82 
82 


82 
83 


Total 


1,184 
1,214 
1,275 

1,151 
1,169 
1,212 
1,198 
1,202 
1,255 

1,225 
1,262 
1,275 
1,256 
1,296 
1,275 

1,235 
1,282 


Active  Bank  Deposits 


Chartered  Banks 


Demand 


2,426 
2,770 
2,963 

2,638 
2,612 
2,487 
2,725 
2,692 
2,578 

2,675 
2,675 
2,651 
2,907 
2,936 
2,963 

2,703 
2,704 


Active"' 
Notice 


Other") 

excl. 

Govt. 

of  Canada 


682 
697 

717 

702 
709 
711 
709 
707 
707 

709 
712 
715 
713 
712 
717 

748 
758 


338 
413 


395 

415 
428 
429 
398 
385 


381 
371 
380 
398 
449 

412 

451 


Total 


3,446 
3,880 
4,129 

3,735 
3,736 
3,626 
3,863 
3,797 
3,670 

3,780 
3,768 
3,737 
4,000 
4,046 
4,129 

3,863 
3,913 


Deduct"* 
Float 


335 
450 
627 

402 
448 
376 
499 
467 
395 

468 
497 
387 
544 
552 
627 

456 
517 


Net 
Total 


3,111 
3,430 
3,502 

3,333 
3,288 
3,250 
3,364 
3,330 
3,275 

3,312 
3,271 
3,350 
3,456 
3,494 
3,502 

3,407 
3,396 


Bank  of 
Canada 
"Other" 
Deposits 


127 
207 


204 
205 
207 
215 
222 
220 

213 

186 
140 
83 
92 


55 
52 


Total 


Total 


(8) 

C™y|Ered 
Actfve         Bank 
Bank 
Deposits 


3,238 
3,637 
3,568 

3,537 
3,493 
3,457 
3,579 
3,552 
3,495 

3,525 
3,457 
3,490 
3,539 
3,586 
3,568 

3,462 
3,448 


-^  The  term  General  Public  refers  to  holdings  of  non-residents  as  well  as 
residents:  for  an  approximate  division  between  resident  and  non-resident 
holdings  see  Table  III,  page  23. 


4,422 
4,851 
4,843 

4,688 
4,662 
4,669 
4,777 
4,754 
4,750 

4,750 
4,719 
4,765 
4,795 
4,882 
4,843 

4,697 
4,730 


Notice 
Deposits 


3,751 
3,861 
3,894 

3,875 
3,909 
3,903 
3,888 
3,881 
3,852 

3,871 
3,872 
3,880 
3,862 
3,904 
3,894 

3,891 
3,926 


Govt,  of 
Canada 
Securities 

(3)  (10) 


9,902 
10,066 
9,386 

10,096 
10,072 
10,019 
9,962 
9,899 
9,805 

9,733 
9,672 
9,574 
9,514 
9,494 
9,386 

9,357 
9,282 


Total 


18,075 
18,778 
18,123 

18,659 
18,643 
18,591 
18,627 
18,534 
18,407 

18,354 
18,263 
18,219 
18,171 
18,280 
18,123 

17,945 
17,938 


Millions  of  Dollars 


Related  Factors** 


Govt,  of  Canada  Direct  and  Guaranteed  Funded  Debt") 


Held  by  Bk.  of  Can.  &  Ch.  Bks. 


Total 


5,121 
5,021 
4,945 

4,956 
4,809 
4,817 
4,792 
4,811 
4,863 

4,896 
4,917 
4,928 
5,000 
4,925 
4,945 

4,957 
4,970 


Deduct^ 
Govt,  of 
Canada 
Deposits 


181 
280 
160 

344 
266 
295 
161 
226 
252 

248 
276 
213 
261 
130 
160 

185 
166 


Net 
Total 


4,940 
4,741 
4,785 

4,612 
4,543 
4,522 
4,631 
4,585 
4,611 

4,648 
4,641 
4,715 
4,739 
4,795 
4,785 

4,772 
4,804 


Held  by  Other  Investors 


Total 


10,698 
10,913 
10,395 

10,944 
10,918 
10,864 
10,815 
10,763 
10,680 

10,617 
10,575 
10,493 
10,446 
10,460 
10,395 

10,359 
10,284 


Deduct 
Securities 
held  by  all 
Govt.Accts 


796 

847 

1,009 


846 
845 
853 
864 
875 


903 
919 
932 
966 
1,009 

1,002 
1,002 


Net 
Total 


9,902 
10,066 
9,386 

10,096 
10,072 
10,019 
9,962 
9,899 
9,805 

9,733 
9,672 
9,574 
9,514 
9,494 


9,357 
9,282 


Bank»2> 
Loans 
&Non- 
Govt. 
Invest- 
ments 


3,419 
3,950 
4,085 

3,943 
4,022 
4,101 
4,133 
4,159 
4,133 

4,101 
4,131 
4,112 
4,095 
4,181 
4,085 

3,984 
3,930 


Bk.ofCan 
Gold  and 
Exchange 
Holdings 
(Net) 


226 
49 

182 
157 
106 
62 
41 
43 


1 

1 

11 

49 

7 
10 


Deduct 
All 
Other 
(Net) 


186 
205 
182 

174 
151 
157 
161 
150 
185 

150 
181 
183 
178 
201 
182 

175 


As  at  Dec.  31 

1949 

1950 

1951 
End  of 
Jan.— 1951 
Feb. 
Mar. 
Apr. 
May 
June 

July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.— 1952 
Feb. 


+  Chartered  banks'  Newfoundland  branch  statistics  [ 
April  1st.  1949. 


included  as  from 

**The  whole  of  the  increase  or  decrease  in  Canada's  foreign  exchange  reserves 
is  embodied  in  the  related  factors  in  this  table;  to  the  extent  that  such 
changes  do  not  appear  in  the  column  "Bank  of  Canada  Gold  and  Exchange 
Holdings  (net)"  they  affect  changes  in  "Government  of  Canada  Direct 
and  Guaranteed  Funded  Debt." 

(1)  Note  Circulation  of  Bank  of  Canada  and.  prior  to  1950.  of  the  chartered 
banks;  excluding  notes  held  by  chartered  banks. 


(2)  Subsidiary  coin  issued  by  the  Mint  less  coin  held  by  Bank  of  Canada  and 
chartered  banks  in  Canada. 

(3)  Chartered  banks'  public  demand  deposits  in  Canada. 

(4)  Chartered  banks'  public  notice  deposits  in  Canada  other  than  estimated 
aggregate  quarterly  minimum  balances  in  personal  savings  accounts  and 
non-personal  notice  deposits. 

(5)  Chartered  banks'  Canadian  dollar  deposits  of  provincial  governments, 
and  of  Canadian,  United  Kingdom,  and  foreign  banks. 

(6)  Cheques  on  other  banks  as  shown  in  chartered  bank  month-end  returns 
to  the  Minister  of  Finance. 


(7)  Other  Deposits  with  the  Bank  of  Canada  as  shown  in  published  month-end 
statements — i.e.  excluding  Government  of  Canada,  chartered  bank  and 
foreign  currency  deposits. 

(8)  Estimated  aggregate  minimum  quarterly  balances  in  chartered  banks' 
personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 
Canada. 

(9)  Direct  and  guaranteed  securities  (including  refundable  taxes)  at  par.  Direct 
debt  includes  both  matured  and  unmatured  issues  outstanding,  exclusive 
of  sinking  fund  holdings;  guaranteed  debt  is  included  on  the  basis  of  the 
total  unmatured  issues  outstanding;  Newfoundland  debt  assumed  by 
the  Government  of  Canada  has  been  included  since  June  1949.     Foreign 


pay  securities  have  been  valued  at  official  mid-rates  of  exchange  to 
September  30,  1950.  and  at  market  rates  thereafter. 

(10)  Holdings  of  all  investors  other  than  Bank  of  Canada,  chartered  banks 
and  Government  of  Canada  accounts. 

(11)  Canadian  dollar  deposits  of  the  Government  of  Canada  at  chartered 
banks  and  Bank  of  Canada. 

(12)  Chartered  Bank  Canadian  loans  and  holdings  of  provincial,  municipal 
and  "other"  securities  and  Bank  of  Canada  holdings  of  Industrial 
Development  Bank  Capital  Stock. 

(13)  Net  of  all  related  asset  and  liability  items  not  shown  elsewhere  in  this  table. 


41 


MARCH  1952 


IV— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals* 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1950— Oct. 

2.75 

2.68 

2.22 

1.83 

Nov. 

2.88 

2.84 

2.42 

2.02 

Dec. 

2.99 

2.97 

2.55 

2.17 

1951— Jan. 

3.02 

3.00 

2.63 

2.26 

Feb. 

3.02 

3.00 

2.60 

2.27 

Mar. 

3.25 

3.21 

2.89 

2.70 

Apr. 

3.24 

3.20 

2.75 

2.48 

May 

3.24 

3.18 

2.62 

2.28 

June 

3.25 

3.15 

2.62 

2.35 

July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Mar. 

3.57 

3.50 

3.00 

2.29 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada(1) 

U.K."' 

U.S.A.'3) 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

.  2.77 

3.05 

2.31 

2.87 

3.05 

2.32 

2.97 

3.12 

2.35 

3.01 

3.12 

2.32 

3.01 

3.26 

2.33 

3.17 

3.28 

2.48 

3.21 

3.35 

2.59 

3.20 

3.43 

2.69 

3.24 

3.55 

2.70 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

3.52 

4.29 

2.70 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.623 

.514 

1.337 

.624 

.513 

1.380 

.626 

.519 

1.351 

.626 

.511 

1.391 

.728 

.513 

1.391 

.755 

.512 

1.402 

.755 

.511 

1.529 

.755 

.512 

1.626 

.754 

.512 

1.467 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

.943 

1.315 

1.784 

*  Payable  in  Canada  only.         (1)  Government  of  Canada  3%  due  Sept.  1.  1961-66.         (2)   United  Kingdom  3%  due  Apr.  15,  1959-69. 
(3)   U.S.  Treasury  2]4%  due  Dec.  15,  1963-68;  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 

LONG    TERM    DOMESTIC   GOVERNMENT    BOND   YIELDS  :   CANADA,    U.K.    AND    U.S.A. 

Daily  Opening  Quotations 

PERCCNT 

2.4 


4  4 

^■^  MAR.  APR  MAY  JUNE  JULY  AUG  SEPT  OCT 

I9SI 

*  Security  is  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


MARCH  1952 


42 


V— GOVERNMENT  BOND  YIELDSt 

Bank  of  Canada 


1949 


June  30lSept.30|  Dec.  31 


1950 


Mar.31  June  30 Sept. 29j Dec.  30 


1951 


Mar.  31  |june  30  Sept.  28  Dec   31 


1952 


Mar.31 


Government  of  Canada 

1.72 

1.76 

1.79 

1.80 

2.17 

2.67 

2.30 

2.20 

1.68 

2.39 

2.36 

2.34 

2.35 

2.35 

2.47 

2.76 

3.16 

3.07 

3.05 

3.22 

2.70 

2.62 

2.59 

2.63 

2.62 

2.65 

3.02 

3.19 

3.15 

3.13 

3.40 

2.91 

2.74 

2.72 

2.77 

2.78 

2.74 

3.02 

3.22 

3.24 

3.25 

3.49 

2.22 

2.31 

1.97 

2.01 

2.24 

2.15 

2.35 

2.91 

2.92 

2.66 

2.60 

- 

2.73 

2.64 

2.61 

2.70 

2.72 

2.70 

2.96 

3.02 

2.93 

3.06 

2.54 

2.53 

2.24 

2.17 

2.50 

2.52 

2.59 

2.95 

3.12 

2.86 

3.15 

Internal  Issues 

lK%due  Nov.    1,  1952"). 

3%  due  Nov.    1,  1953/56 

3%  due  June    1,  1957/60 

3%  due  Sept.    1,  1961/66 

New  York  Issues 
3M%due  Jan.  15,  1956/61. 
2%%  due  Sept.  1,  1974<»>.. 
4V2%  due  July    1,  1957*... 


1.93 
3.20 
3.46 
3.51 


2.73 
3.04 
2.70 


United  States 

Government 

1.31 

1.40 

1.46 

1.57 

1.62 

2.01 

1.97 

1.95 

2.07 

1.59 

1.51 

1.46 

1.54 

1.62 

1.67 

1.80 

2.17 

2.14 

2.09 

2.19 

2.25 

2.13 

2.08 

2.19 

2.27 

2.30 

2.35 

2.53 

2.71 

2.60 

2.70 

2.38 

2.30 

2.24 

2.35 

2.42 

2.44 

2.45 

2.56 

2.69 

2.62 

2.75 

iy8%  due  Mar.  15,1954"). 

2Yi%  due  Mar.  15,  1956/58 

2Y2%  due  Dec.  15,  1963/68 

2Y2%  due  Dec.  15,  1967/72 


1.78 
2.10 
2.67 
2.70 


United  Kingdom  Government 


2^%dueFeb.    15,  1955"). 

3%  due  Oct.    15,  1955/59 
2H%  due  May     1,  1964/67 

3%  due  Aug.  15,  1965/75 


2.23 

2.05 

1.88 

1.84 

1.79 

2.00 

1.75 

2.42 

2.65 

2.55 

2.49 

2.54 

2.42 

2.32 

2.25 

2.25 

2.50 

2.06 

3.05 

2.86 

3.02 

3.07 

3.10 

'3.03 

2.88 

2.95 

3.15 

3.35 

3.35 

3.85 

3.11 

3.37 

3.39 

3.44 

3.43 

3.22 

3.26 

3.43 

3.68 

3.69 

4.15 

3.12 
3.42 
4.09 
4.33 


t  Based  on  approximate  market  bid  side. 


(1)  New  issue. 


*  Canadian  National  Railways  (Guaranteed  by  Canada). 


Millions  of  U.S.  Dollars 


VI— OFFICIAL  HOLDINGS  OF  GOLD  AND  U.S.  DOLLARS* 

Department  of  Finance 


Jan. 


Feb. 


Mar. 


Apr. 


May 


June 


July 


Aug. 


Sept. 


Oct. 


Nov. 


Dec. 


1949 


Gold 

U.S.  Dollars...  . 

407.2 
614.7 

406.6 
637.3 

408.1 
659.1 

397.7 
593.5 

409.7 
567.5 

419.3 
557.6 

976.9 

427.2 
545.9 

439.7 
547.4 

450.2 
535.1 

461.7 
545.7 

475.4 
593.0 

486.4 
630.7 

Total 

1,021.9 

1,043.9 

1,067.2 

991.2 

977.2 

973.1 

987.1 

985.3 

1,007.4 

1,068.4 

1,117.1 

1950 


Gold 

U.S.  Dollars 

500.3 
649.1 

500.7 
675.2 

502.3 
689.9 

1,192.2 

502.3 
674.9 

506.2 
676.2 

509.5 
745.9 

521.8 
798.7 

533.4 
970.8 

542.8 
1,246.8 

558 .3  f 
1,268.3 

569. 9 f 
1,217.3 

580  .Of 
1,161.5 

Total 

1,149.4 

1,175.9 

1,177.2 

1,182.4 

1,255.4 

1,320.5 

1,504.2 

1,789.6 

1,826.6 

1,787.2 

1,741.5 

1951 


Gold 

U.S.  Dollars...  . 

596.0t 
l,147.3t 

1,743.3 

606. 9 t 
1,134.8 

1,741.7 

610.4 
1,043.0 

1,653.4 

625.3 
1,039.0 

1,664.3 

634.4 
1,047.2 

1,681.6 

645.7 
1,037.3 

662.9 
1,005.8 

1,668.7 

672.7 
889.1 

682.6 
927.5 

724.2 
953.9 

792.2 
956.7 

841.7 
936.9 

Total 

1,683.0 

1,561.8 

1,610.1 

1,678.1 

1,748.9 

1,778.6 

1952 


Gold 

U.S.  Hollars  .  .  . 

847.0 
936.5 

1,783.5 

855.7 
931.3 

866.2 
921.0 

Total 

1,787.0 

1,787.2 

*  Cold  and  United  States  Dollars  held  by  the  Exchange  Fund  Account  and  Bank  of  Canada  and  United  States  Dollars  held  by  Other  Government  of  Canada 
Accounts;  not  including  any  part  of  an  amount  of  $98.8  million  in  U.S.  Funds  borrowed  in  the  United  States  in  August  1949  by  the  Government  of  Canada  and 
set  aside  for  the  purpose  of  retiring  an  equal  amount  of  certain  securities  payable  in  U.S.  dollars  in  following  months.  Also  excludes,  in  September  1950  only, 
an  amount  of  $50.0  million  set  aside  from  reserves,  as  well  as  $50.0  million  obtained  through  a  bond  issue  in  New  York,  to  redeem  a  Government  of  Canada 
issue  of  $100  million,  payable  in  U.S.  dollars  and  failing  due  on  October  1st.         f  Revised. 


43 


MARCH  1952 


VII— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 


Cents  per  unit 

uraiuiAi 

,  KA1K5S 

U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

Buying 

Selling 

Mid-rate 

Buying 

Selling 

Mid-rate 

1939  -  Sept.  160) 

1945  -  Oct.    15") 

1946  -  July     6"> 
1949  -  Sept.  20") 

110.00 
110.00 
100.00 
110.00 

111.00 
110.50 
100.50 
110.50 

110.50 
110.25 
100.25 
110.25 

443.00 
443.00 
402.00 
307.25 

447.00 
445.00 
404.00 
308.75 

445.00 
444.00 
403.00 
308.00 

MARKET  RATESt 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 
1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1951— Mar. 

105.25 

104.44 

104.73 

294.75 

292.50 

293.29 

Apr. 

106.81 

104.94 

105.99 

299.19 

293.88 

296.74 

May 

106.94 

105.38 

106.37 

299.50 

295.13 

297.89 

June 

107.31 

106.63 

106.94 

300.50 

298.50 

299.41 

July 

106.63 

105.53 

106.05 

298.50 

295.38 

296.90 

Aug. 

105.94 

105.09 

105.56 

296.50 

294.13 

295.46 

Sept. 

105.75 

105.19 

105.56 

296.00 

294.38 

295.46 

Oct. 

105.50 

104.19 

105.08 

295.25 

291.63 

294.11 

Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

Feb. 

100.69 

100.00 

100.11 

280.00 

278.06 

278.43 

Mar. 

100.00 

98.38 

99.60 

280.19 

276.75 

278.60 

*     Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16,  1939. 
(1)    Dates  on  which  official  rates  were  established  or  changed, 
t     Commencing  Oct.  2,  19S0,  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  for  transactions  between  banks  in  the  exchange  market. 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS' 


CANADIAN    DOLLARS 

.06 


CANADIAN   DOLLARS 

06 


*  Market  rate;  see  footnotes  to  table  above. 


MARCH  1952 


Millions  of  Dollars 


VIII— CONSUMER  CREDIT  OUTSTANDING 

ESTIMATES  OF  SELECTED  ITEMS 


44 

J- 


Charge 
Accounts(') 

Instalment  Credit 

Cash 
Personal 
Loans  <<) 

Total  of 

Retail 
Dealers  <2' 

Finance 
Companies  <3> 

Total 

Selected 
Items 

1948  —  Mar.  31 

235 

75 

52 

127 

240 

602 

June  30 

260 

84 

67 

151 

254 

665 

Sept.  30 

271 

86 

70 

156 

258 

685 

Dec.  31 

300 

111 

71 

182 

266 

748 

1949  —  Mar.  31 

267 

105 

72 

177 

268 

712 

June  30 

299 

113 

99 

212 

286 

797 

Sept.  30 

300 

115 

109 

224 

297 

821 

Dec.  31 

328 

140 

116 

256 

308 

892 

1950  —  Mar.  31 

291 

130 

122 

252 

316 

859 

June  30 

313 

138 

162 

300 

346 

959 

Sept.  30 

331 

145 

192 

337 

374 

1,042 

Dec.  31 

377 

170 

202 

372 

386 

1,135 

1951  —  Mar.  31*f 

349 

143 

210 

353 

394 

1,096 

June  30*f 

357 

122 

228 

350 

400 

1,107 

Sept.  30*f 

357 

100 

225 

325 

386 

1,068 

Dec.  31* 

402 

106 

194 

300 

388 

1,090 

(1)  Charge  accounts  receivable  outstanding  on  the  books  of  retail  dealers. 

(2)  Instalment  receivables  outstanding  on  the  books  of  retail  dealers. 

(3)  Instalment  paper  held  by  sales  finance  and  acceptance  companies  in  connection  with  the  financing  of  retail  purchases  of  consumer  goods.  largely  new  and 
used  automobiles. 

(4)  Includes  estimated  personal  loans  by  chartered  banks,  small  loan  companies,  licensed  money  lenders  and  credit  unions. 
*      Preliminary.         f  Revised. 

Note:  Estimates  of  charge  accounts  and  instalment  receivables  outstanding  on  the  books  of  retail  dealers  do  not  include  Newfoundland.  In  the  case  of  other 
items,  Newfoundland  estimates  have  been  included  as  available  commencing  June  30,  1949. 

Sources:  Dominion  Bureau  of  Statistics,  Department  of  Finance.  Department  of  Insurance.  Department  of  Agriculture  and  Bank  of  Canada.  Further  inform- 
ation with  respect  to  definitions,  sources  and  methods  is  available  on  request  from  the  Research  Department,  Bank  of  Canada. 


CONSUMER   CREDIT   OUTSTANDING* 

ESTIMATES  OF  SELECTED  ITEMS 


MILLIONS   Of   DOLLARS 


MILLIONS  Of   DOLLARS 


1200 


900 


600 


300 


t 

iS  AT  DEC  31"' 

TOTAL  — 

" 

1 

• 

400 


1938   39      40      41      42      43      44     45      46      47      48      49      50      51  M      J       S       D      M      J       S       D      M      J       S      D       M       J       S       D 

1948  1949  1950  1951 

*  See  footnotes  to  table  above.         (1)   Quarterly  figures  for  the  years  1948  to  1951  inclusive. 


45 


MARCH  1952 


IX— BUSINESS  ACTIVITY 

Dominion  Bureau  of  Statistics 


Production 

Res- 
idential 

Con- 
struction 

Car 
Loadings 

Value 

of 

Department 

Employ- 
ment 
Index 

W 

Aggregate 
Payrolls 

News- 

Central 

Index 

(4) 

Gold 

Nickel 

Steel 

print 

(i) 

Electric 
Stations'2' 

Contracts 
Awarded  C3) 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions' 

Millions 

Fine  Ounces 

Short  Tons 

Short  Tons 

Short  Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939  =  100 

1939  =  100 

AnnualTotals(S) 

1932 

3,044 

15 

380 

2,186 

12,296 

29 

2,180 

254 

(6) 

(6) 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

(6) 

(6) 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

873 

168.0 

321.8 

1951 

4,364 

137 

3,567 

5,516 

51,916 

437 

4,183 

902 

180.1 

381.3 

12-mths.  ending 

Feb.  1952 

4,340* 

138* 

3,599 

5,566 

52,845 

434 

4,207 

901 

181.1 

389.6 

Monthly 

1951— Jan. 

374.5 

10.9 

309.7 

453.0 

4,370 

16.0 

331 

58.3 

175.3 

338.2 

Feb. 

347.1 

9.6 

281.4 

425.1 

3,984 

25.0 

294 

58.3 

172.3 

351.5 

Mar. 

372.4 

11.6 

314.8 

473.0 

4,397 

32.0 

336 

72.6 

172.3 

353.8 

Apr. 

363.1 

10.5 

312.0 

447.6 

4,229 

49.8 

337 

75.1 

173.3 

357.8 

May 

369.4 

12.4 

313.3 

485.7 

4,409 

52.0 

380 

76.6 

175.6 

367.9 

June 

362.6 

11.8 

293.5 

464.3 

4,243 

50.3 

370 

69.5 

180.3 

379.0 

July 

344.4 

11.8 

274.6 

452.5 

4,206 

43.8 

350 

54.5 

183.6 

392.5 

Aug. 

345.1 

12.2 

286.8 

484.6 

4,317 

35.2 

363 

61.5 

184.3 

394.0 

Sept. 

359.0 

11.6 

268.2 

431.1 

4,149 

30.0 

350 

72.4 

185.1 

400.2 

Oct. 

378.4 

11.7 

309.4 

492.5 

4,512 

29.2 

390 

81.3 

186.5 

410.0 

Nov. 

372.4 

11.5 

307.1 

471.7 

4,473 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

376.0 

11.3 

296.5 

435.3 

4,626 

26.9 

315 

119.8 

186.6 

416.7 

1952— Jan. 

350.1 

11.8 

317.0 

470.5 

4,784 

20.0 

333 

55.2 

181.0 

388.6 

Feb. 

305.9 

457.8 

4,500 

17.8 

316 

60.2 

177.9 

401.0 

(1)    Source;  Newsprint  Association  of  Canada.    Includes  Newfoundland.  (2)  Total  output  less  exports  and  secondary  power.     Includes  Newfoundland 

commencing  January  1950.  (3)   Source;  McLean  Building  Reports,  Ltd.  (4)  9  Leading  industries.       First  of  month  figures.  (5)  Average  of 

months  in  case  of  Employment  and  Payrolls  Indexes.  (6)  Not  available.  *  12-months  ending  Jan.  1952. 


Index  1935-39  =  100 


X— COST  OF  LIVING* 

Dominion  Bureau  of  Statistics 


Food 

Fuel  and 
Lighting 

Clothing 

Rent 

Home 
Furnishings 
and  Services 

Miscellaneous 

Total 
Index 

Weighting 

31 

6 

12 

19 

9 

23 

100 

Average  of  Months 

1932 

85.7 

106.8 

100.6 

109.7 

100.4 

99.0 

1937 

103.2 

98.9 

101.4 

99.7 

101.5 

100.1 

101.2 

1946 

140.4 

107.4 

126.3 

112.7 

124.5 

112.6 

123.6 

1947 

159.5 

115.9 

143.9 

116.7 

141.6 

117.0 

135.5 

1948 

195.5 

124.8 

174.4 

120.7 

162.6 

123.4 

155.0 

1949 

203.0 

131.1 

183.1 

123.0 

167.6 

128.8 

160.8 

1950 

210.9 

138.3 

182.3 

132.9 

169.2 

132.6 

166.5 

1951 

241.1 

147.1 

203.1 

140.0 

194.4 

141.3 

184.5 

First  of  Month 

1950— Oct. 

220.1 

141.0 

183.5 

135.5 

172.7 

133.3 

170.7 

Nov. 

218.6 

140.6 

184.5 

136.4 

174.8 

133.4 

170.7 

Dec. 

218.8 

140.7 

184.9 

136.4 

176.4 

134.1 

171.1 

1951— Jan. 

220.2 

141.5 

187.1 

136.4 

179.8 

135.8 

172.5 

Feb. 

224.4 

141.7 

192.4 

136.4 

185.1 

137.0 

175.2 

Mar. 

233.9 

146.5 

196.3 

137.6 

188.6 

137.8 

179.7 

Apr. 

238.4 

146.7 

198.8 

137.6 

190.7 

138.8 

181.8 

May 

235.4 

146.2 

201.5 

137.6 

194.9 

140.7 

182.0 

June 

239.8 

146.2 

202.5 

139.8 

197.1 

141.0 

184.1 

July 

249.7 

147.2 

202.9 

139.8 

197.4 

142.2 

187.6 

Aug. 

251.4 

148.2 

204.6 

139.8 

199.0 

143.7 

188.9 

Sept. 

251.1 

149.5 

206.9 

142.7 

199.1 

144.0 

189.8 

Oct. 

249.7 

150.2 

213.8 

142.7 

200.1 

144.3 

190.4 

Nov. 

250.2 

150.8 

214.6 

144.8 

199.9 

144.9 

191.2 

Dec. 

249.3 

150.8 

215.5 

144.8 

200.6 

144.9 

191.1 

1952— Jan. 

250.0 

151.2 

215.3 

144.8 

201.1 

145.7 

191.5 

Feb. 

248.1 

151.3 

213.0 

144.8 

200.1 

146.5 

190.8 

Mar. 

241.7 

152.5 

211.2 

146.3 

200.8 

146.9 

189.1 

*  Components  were  selected  and  weighted  on  the  basis  of  1938  family  incomes  ranging  from  $450-$2,500,  with  incomes  between  $1,000-$1,600  most  common. 


MARCH  1952 


46 


XI- 

CANADA 

Dominion  Bureau  of  Statistics^ 


-WHOLESALE  PRICES 

U.S.A.  U.K. 

Bureau  of  Labour  Statistics™  Bd.  Traded 


Farm  Products* 

Raw  and 

Fully  and 

All  Other 

Partly 

Chiefly 

Total 

Farm 

Processed 

Com- 
modities 

Total 

TotalO) 

Total 

Fieldf 

Animal 

Totalf 

Manu- 
factured 

Manu- 
factured 

Products 

Foods 

Aver,  of  Mths. 

1947 

184.1 

200.2 

192.2 

164.3 

162.4 

163.3 

100.0 

98.2 

95.3 

96.4 

184.1 

193.2 

1948 

200.6 

263.7 

232.1 

196.3 

192.4 

193.4 

107.3 

106.1 

103.4 

104.4 

199.4 

220.9 

1949 

191.9 

265.4 

228.7 

197.1 

199.2 

198.3 

92.8 

95.7 

101.3 

99.2 

189.4 

231.6 

1950 

191.9 

281.4 

236.7 

212.8 

211.0 

211.2 

97.5 

99.8 

105.0 

103.1 

196.9 

264.2 

1951 

193.4 

336.9 

265.1 

237.7 

242.5 

240.1 

113.4 

111.4 

115.9 

114.8 

219.3 

321.8 

Monthly 

1947— Jan. 

172.7 

192.3 

182.5 

144.4 

145.2 

145.1 

92.1 

94.9 

91.8 

92.3 

176.3 

182.9 

Feb. 

173.3 

193.7 

183.5 

150.1 

150.3 

150.5 

94.3 

95.8 

92.2 

93.1 

177.8 

184.5 

Mar. 

174.3 

194.7 

184.7 

154.4 

151.5 

153.0 

100.7 

98.7 

93.6 

95.4 

182.2 

184.9 

Apr. 

174.4 

197.3 

185.9 

159.4 

155.4 

157.1 

97.4 

96.4 

94.0 

94.8 

181.1 

188.4 

May 

179.2 

198.4 

188.8 

160.2 

159.1 

159.9 

96.5 

94.2 

93.8 

94.3 

180.1 

190.4 

June 

180.6 

199.8 

190.2 

163.1 

161.6 

162.5 

97.0 

94.1 

93.9 

94.3 

180.1 

191.1 

July 

187.8 

197.5 

192.7 

166.5 

162.1 

164.0 

98.1 

95.6 

94.6 

95.3 

182.0 

194.7 

Aug. 

188.0 

199.8 

193.9 

169.2 

163.4 

165.7 

99.1 

97.2 

95.8 

96.5 

184.3 

195.3 

Sept. 

188.2 

205.9 

197.0 

170.4 

167.6 

168.8 

103.1 

100.9 

96.9 

98.4 

187.9 

196.6 

Oct. 

190.0 

202.9 

196.4 

174.7 

174.7 

174.5 

105.0 

102.0 

97.9 

99.6 

190.2 

200.7 

Nov. 

199.1 

204.4 

201.7 

178.4 

178.3 

178.1 

105.6 

103.5 

99.0 

100.7 

192.3 

204.1 

Dec. 

201.9 

216.1 

209.0 

180.5 

179.8 

179.9 

110.9 

105.1 

100.4 

102.6 

196.0 

204.9 

1948— Jan. 

203.6 

238.8 

221.2 

186.8 

184.7 

185.0 

113.4 

107.8 

102.0 

104.5 

199.6 

213.6 

Feb. 

199.7 

238.5 

219.1 

186.1 

185.9 

185.7 

105.6 

104.0 

101.6 

102.5 

195.8 

218.2 

Mar. 

199.0 

241.0 

219.9 

185.8 

185.8 

185.5 

105.3 

103.9 

101.6 

102.5 

195.8 

218.7 

Apr. 

203.8 

245.5 

224.6 

188.5 

187.3 

187.5 

106.8 

105.8 

102.0 

103.3 

197.3 

220.8 

May 

210.8 

251.2 

230.9 

190.8 

188.4 

189.0 

109.4 

107.0 

102.0 

103.8 

198.3 

222.0 

June 

218.3 

265.1 

2416 

195.1 

190.0 

191.5 

111.5 

107.7 

102.5 

104.6 

199.8 

223.7 

July 

214.9 

270.3 

242.5 

195.3 

190.9 

192.1 

111.1 

109.3 

103.5 

105.5 

201.5 

223.4 

Aug. 

195.7 

285.8 

240.7 

206.0 

197.6 

199.6 

109.7 

109.4 

104.7 

106.2 

202.8 

222.7 

Sept. 

189.6 

287.9 

238.7 

205.4 

199.1 

200.5 

108.0 

108.8 

105.1 

106.1 

202.7 

221.6 

Oct. 

189.4 

280.9 

235.2 

204.5 

199.1 

200.9 

103.9 

105.1 

105.2 

105.0 

200.6 

221.3 

Nov. 

191.2 

278.6 

234.9 

205.4 

200.0 

201.5 

102.5 

102.9 

105.5 

104.7 

200.0 

222.1 

Dec. 

191.7 

280.4 

236.1 

206.0 

200.3 

202.0 

100.0 

101.1 

105.4 

104.0 

198.6 

222.4 

1949— Jan. 

192.7 

276.7 

234.7 

204.7 

200.7 

201.8 

97.0 

98.9 

104.9 

102.8 

196.3 

222.9 

Feb. 

190.5 

266.3 

228.4 

201.6 

199.4 

200.0 

93.0 

96.2 

104.0 

101.2 

193.3 

222.7 

Mar. 

188.7 

264.7 

226.7 

201.2 

199.5 

199.9 

94.4 

96.3 

103.3 

100.9 

192.7 

222.1 

Apr. 

189.9 

264.1 

227.0 

197.7 

200.2 

199.1 

94.4 

95.4 

102.0- 

99.9 

190.8 

228.2 

May 

191.0 

264.3 

227.7 

194.5 

200.1 

197.9 

94.4 

95.2 

100.8 

99.0 

189.1 

232.9 

June 

195.4 

269.9 

232.6 

193.8 

199.8 

197.6 

92.5 

95.4 

100.1 

98.2 

187.6 

233.5 

July 

198.3 

269.3 

233.8 

193.5 

199.2 

197.0 

92.2 

95.1 

99.8 

98.0 

187.2 

231.0 

Aug. 

192.1 

269.3 

230.7 

192.8 

197.8 

195.9 

92.2 

96.1 

100.0 

98.2 

187.6 

231.1 

Sept. 

191.9 

263.3 

227.6 

193.2 

197.0 

195.5 

92.5 

96.3 

100.0 

98.3 

187.8 

232.3 

Oct. 

191.8 

257.6 

224.7 

196.5 

199.2 

197.9 

90.7 

95.1 

100.0 

97.9 

187.0 

238.9 

Nov. 

190.6 

259.3 

225.0 

198.1 

199.2 

198.5 

90.6 

94.8 

100.0 

97.8 

186.8 

241.9 

Dec. 

189.8 

259.9 

224.9 

197.6 

198.6 

198.0 

89.1 

94.3 

100.2 

97.7 

186.6 

242.7 

1950— Jan. 

189.9 

253.5 

221.7 

197.7 

200.1 

199.0 

88.8 

94.0 

100.4 

97.7 

186.6 

246.2 

Feb. 

189.3 

259.6 

224.5 

199.0 

201.0 

200.0 

90.7 

94.9 

100.6 

98.3 

187.8 

246.8 

Mar. 

192.3 

266.0 

229.4 

200.6 

202.4 

201.5 

92.2 

94.7 

100.7 

98.5 

188.1 

247.1 

Apr. 

194.7 

268.0 

231.3 

202.3 

203.1 

202.5 

91.9 

94.4 

100.8 

98.5 

188.1 

251.4 

May 

195.4 

272.8 

234.1 

206.9 

204.2 

204.7 

94.3 

96.2 

101.5 

99.6 

190.2 

257.0 

June 

197.7 

289.1 

243.4 

214.6 

207.1 

209.2 

94.5 

96.8 

102.2 

100.2 

191.4 

258.7 

July 

197.2 

296.4 

246.8 

218.8 

209.3 

212.0 

100.4 

101.9 

103.8 

103.0 

196.7 

262.0 

Aug. 

191.8 

298.5 

245.1 

221.2 

213.7 

215.7 

101.3 

105.2 

105.9 

105.2 

200.9 

265.9 

Sept. 

190.2 

297.1 

243.7 

226.0 

221.6 

222.6 

103.0 

106.3 

108.2 

107.1 

204.6 

274.0 

Oct. 

187.8 

286.8 

237.3 

220.0 

220.8 

220.0 

100.9 

103.6 

110.1 

107.7 

205.7 

281.5 

Nov. 

187.9 

290.5 

239.2 

221.9 

223.2 

222.4 

104.2 

103.5 

111.6 

109.3 

208.8 

291.0 

Dec. 

188.2 

298.4 

243.3 

225.1 

225.7 

225.2 

107.9 

106.6 

114.1 

112.1 

214.1 

294.4 

1951— Jan. 

191.1 

310.9 

251.0 

231.1 

233.6 

232.3 

112.3 

110.2 

116.6 

115.0 

219.7 

302.1 

Feb. 

195.5 

329.6 

262.5 

237.1 

240.0 

238.5 

117.2 

112.9 

117.2 

116.5 

222.5 

307.8 

Mar. 

198.8 

347.2 

273.0 

238.8 

244.1 

241.8 

117.6 

112.0 

117.3 

116.5 

222.5 

315.8 

Apr. 

199.2 

331.6 

265.4 

238.6 

244.9 

242.2 

117.5 

111.8 

117.1 

116.3 

222.1 

321.0 

May 

194.6 

336.1 

265.3 

238.9 

244.4 

241.9 

115.7 

112.3 

116.8 

115.9 

221.4 

322.0 

June 

192.0 

353.1 

272.6 

242.9 

243.7 

242.7 

113.9 

111.3 

116.2 

115.1 

219.8 

323.2 

July 

195.4 

358.9 

277.1 

242.5 

246.6 

244.2 

111.1 

110.7 

115.7 

114.2 

218.1 

322.2 

Aug. 

178 .3 1 

348.3 

263.3f 

237.1 

245.1 

241.5 

110.4 

111.2 

114.9 

113.7 

217.2 

325.9 

Sept. 

181.7 

339.2 

260.5 

235.8 

243.7 

240.1 

109.9 

110.9 

114.8 

113.4 

216.6 

327.5 

Oct. 

188.1 

330.3 

259.3 

236.3 

242.7 

239.6 

111.5 

111.6 

114.6 

113.7 

217.2 

331.1 

Nov. 

201.4 

328.5 

264.9 

237.0 

241.4 

239.1 

112.0 

111.0 

114.5 

113.6 

217.0 

330.9 

Dec. 

204.4 

329.1 

266.8 

235.9 

239.7 

237.6 

111.3 

110.7 

114.6 

113.5 

216.8 

332.5 

1952— Jan. 

208.0 

318.2 

263.1 

233.3 

239.7 

236.8 

110.0 

110.1 

114.3 

113.0 

215.8 

337.3 

Feb. 

205.1 

297.3 

251.2 

227.8 

236.2 

232.6 

.  107.8 

109.7 

114.3 

112.6 

215.1 

331.7 

(1)  Index  1935-39  =  100.  (2)  Revised  Index,  1947-49  =  100.  (3)  Adjusted  to  1935-39  =  100  from  base  1947-49  =  100.  (4)  Adjusted  to  1935-39  =  100  from 
base  1930=100.  *An  independent  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index".  Prices  include  subsidies. 
t  Participation  payments  are  included  from  Jan.  1947  to  July  1951  and  initial  payments  only,  where  applicable,  thereafter. 


47 


MARCH  1952 


XII— STOCK  EXCHANGE  STATISTICS 

Montreal  and  Toronto  Stock  Exchange  Bulletins 


Market  Value  of  all 

Value  ofd) 

TORONTO  STOCK  EXCHANGE  "QUOTED  VALUE  INDEX"(3) 

Listed  Stock(D(2) 

shares  traded 

during 

month 

Toronto  & 

OF  LISTED  STOCK  BY 

INDUSTRIAL  GROUPS 

Montreal 

Toronto 

Paper 

Senior 

Base 

Oil 

Construction 

Montreal 

Gold 

Metal 

and  Steel 

Millions  of  Dollars 

Index,  December  31,  1940  =  100 

Monthly  Average* 

1940 

4,303 

4,060 

19 

100.0 

100.0 

100.0 

100.0 

100.0 

100.0 

1942 

3,633 

3,356 

9 

85.7 

68.2 

95.8 

120.0 

93.5 

92.2 

1944 

4,936 

5,005 

33 

212.7 

100.1 

102.6 

146.3 

127.0 

117.7 

1946 

7,464 

7,521 

102 

364.2 

92.2 

135.4 

129.1 

164.8 

165.2 

1947 

7,287 

7,136 

63 

371.6 

96.0 

130.3 

136.9 

160.9 

162.6 

1948 

7,385 

7,308 

64 

349.8 

86.7 

146.5 

160.5 

168.0 

174.6 

1949 

7,210 

7,242 

63 

404.3 

99.1 

140.2 

171.3 

182.7 

180.1 

1950 

8,675 

8,884 

131 

601.1 

81.1 

178.0 

203.5 

241.1 

220.1 

1951 

11,459 

11,794 

165 

647.5 

100.2 

210.4 

304.3 

190.0 

212.2 

Monthly 

1950— Dec. 

9,948 

10,193 

121 

601.1 

81.1 

178.0 

203.5 

241.1 

220.1 

1951— Jan. 

10,990 

11,232 

254 

641.2 

95.5 

196.8 

237.6 

262.6 

253.1 

Feb. 

11,018 

11,216 

256 

627.8 

97.8 

191.3 

246.1 

259.7 

266.0 

Mar. 

10,890 

11,096 

131 

632.9 

93.2 

183.6 

262.6 

251.6 

250.7 

Apr. 

11,186 

11,578 

140 

700.4 

90.0 

189.0 

273.7 

267.0 

251.9 

May 

10,945 

11,302 

148 

674.7 

87.7 

184.4 

274.0 

264.1 

247.2 

June 

10,631 

10,908 

97 

632.8 

87.4 

173.8 

253.4 

258.3 

240.2 

July 

11,389 

11,657 

99 

672.3 

90.8 

189.3 

273.3 

268.3 

248.4 

Aug. 

11,993 

12,392 

144 

687.0 

97.1 

202.8 

303.1 

294.4 

250.7 

Sept. 

12,295 

12,665 

203 

696.0 

101.5 

213.8 

300.1 

299.7 

246.0 

Oct. 

12,113 

12,461 

238 

659.8 

101.3 

211.1 

303.9 

288.4 

227.4 

Nov. 

11,884 

12,329 

151 

635.9 

97.6 

204.5 

284.8 

282.4 

215.7 

Dec. 

12,168 

12,696 

119 

647.5 

100.2 

210.4 

304.3 

190.0 

212.2 

1952— Jan. 

12,477 

13,066 

184 

645.0 

98.1 

225.3 

318.6 

297.8 

206.4 

Feb. 

12,060 

12,843 

170 

615.6 

99.4 

214.8 

302.7 

286.8 

208.2 

(1)    Including  Curb  market.  (2)   Month-end  figures. 

(3)    Obtained  by  multiplying  the  last  monthly  price  of  each  stock  by  its  outstanding  shares.     The  index  is  made  up  of  these  figures  with  Dec.  31,  1940  arbitrarily 
chosen  as  its  base.     A  new  listing  is  taken  into  account  in  the  second  month  when  a  percentage  increase  or  decrease  can  be  calculated  against  its  group. 
*    Quoted  value  indexes  are  for  December  only. 


COMMON    STOCK    PRICE    INDEX,    VALUE   OF    LISTINGS   AND    MEMBER    BORROWINGS 

MILLIONS  OF  DOLLARS    OR   INDEX  BILLIONS   OF   DOLLARS 


DJFMAMJJASONDJFMAMJJASONDJFMAMJJASONDJFMAMJ 
1949  1950  1951  1952 

(1)  Average  of  Thursday  closing  prices  for  105  common  stocks. 

(2)  Month-end  value  of  listed  stocks  excluding  Bonds.     (3)   Month-end. 


MARCH  1952 


48 


Index  1939  =  100 


XIII— EMPLOYMENT  INDEXES' 

Dominion  Bureau  of  Statistics 


Forestry 
(chiefly 
logging) 

Mining 

Manu- 
facturing 

Con- 
struction 

Trans- 
portation & 
Communi- 
cations 

Public 

Utilities 

Trade 

Finance, 

Insurance, 

Real 

Estate 

Services 

Total 

Aver,  of  Months 

1947 

237.7 

94.2 

171.0 

138.1 

159.6 

139.1 

146.2 

134.9 

166.4 

158.3 

1948 

220.0 

103.4 

176.0 

153.8 

165.7 

161.3 

156.0 

141.4 

174.4 

165.0 

1949 

158.9 

106.4 

175.9 

161.2 

167.3 

181.3 

162.0 

147.4 

175.9 

165.5 

r         1950 

160.2 

112.2 

177.5 

165.0 

167.2 

183.6 

167.2 

155.3 

177.7 

168.0 

1951     (1) 

220.3 

117.7 

190.0 

177.6 

177.6 

187.5 

174.0 

169.8 

181.3 

180.2 

First  of  Month 

1950— Apr. 

119.7 

109.0 

172.0 

134.1 

159.5 

175.6 

161.0 

154.0 

171.3 

159.0 

May 

80.1 

109.2 

172.5 

145.5 

161.8 

177.2 

162.4 

154.1 

174.3 

159.7 

June 

116.3 

111.7 

175.3 

172.7 

167.9 

183.7 

163.6 

154.5 

178.9 

166.0 

July 

147.2 

114.8 

178.6 

184.7 

171.5 

188.9 

165.3 

155.6 

186.3 

170.8 

Aug. 

149.4 

115.1 

179.6 

190.8 

175.6 

193.4 

164.6 

156.1 

188.2 

172.5 

Sept. 

161.9 

115.0 

182.5 

194.4 

171.4 

191.7 

165.7 

155.7 

187.9 

174.1 

Oct. 

193.4 

115.6 

185.6 

189.2 

175.1 

186.7 

170.5 

159.5 

182.5 

177.1 

Nov. 

233.7 

116.0 

185.4 

185.8 

173.9 

185.5 

174.2 

159.9 

176.7 

178.1 

Dec. 

260.5 

116.8 

185.3 

180.4 

173.1 

183.3 

181.8 

159.6 

173.4 

179.2 

1951— Jan. 

256.0 

115.1 

182.4 

158.1 

168.1 

179.8 

184.4 

159.8 

172.9 

175.3 

Feb. 

248.3 

114.9 

184.5 

145.1 

165.0 

180.1 

169.5 

160.8 

173.3 

172.3 

Mar. 

244.1 

114.7 

186.3 

139.7 

165.7 

178.3 

168.1 

161.7 

172.5 

172.3 

Apr. 

208.0 

114.7 

188.8 

141.9 

166.7 

179.4 

170.9 

167.5 

172.9 

173.3 

May 

167.9 

115.0 

189.9 

163.4 

171.5 

183.2 

171.0 

170.8 

175.9 

175.6 

June 

188.6 

116.4 

192.0 

182.7 

176.5 

190.9 

172.8 

171.0 

180.9 

180.3 

July 

197.6 

119.0 

193.9 

190.4 

183.2 

193.8 

173.3 

172.0 

188.8 

183.6 

Aug. 

180.5 

120.0 

194.0 

199.5 

186.4 

195.8 

170.8 

172.6 

193.4 

184.3 

Sept. 

181.8 

119.5 

194.1 

206.7 

189.0 

195.3 

171.0 

173.0 

193.7 

185.4 

Oct. 

214.6 

120.1 

194.2 

206.1    ' 

186.7 

191.8 

175.5 

173.3 

187.9 

186.5 

Nov. 

262.3 

121.4 

190.8 

203.1 

186.4 

190.7 

176.7 

176.4 

183.2 

186.4 

Dec. 

293.4 

121.6 

189.1 

194.3 

185.4 

190.5 

183.6 

178.4 

180.7 

186.6 

1952— Jan. 

283.8 

119.7 

184.0 

166.9 

180.8 

187.6 

185.4 

178.5 

176.7 

180.9 

*     As  reported  by  establishments  with  not  less  than  15  employees.     Includes  casual  and  part-time  employees. 
(1)    As  reported,  first  of  month,  for  the  last  pay  period  in  the  previous  month. 


Index  1939  =  100 


INDEX  NUMBERS  OF  PAYROLLSt 

Dominion  Bureau  of  Statistics 


Forestry 
(chiefly 
logging) 

Mining 

Manu- 
facturing 

Con- 
struction 

Trans- 
portation & 
Communi- 
cations 

Public 
Utilities 

Trade 

Finance 

Insurance, 

Real 

Estate 

Services 

Total 

Aver,  of  Months 

1947 

486.4 

141.5 

272.7 

259.6 

229.7 

192.9 

211.0 

178.6 

258.7 

245.2 

1948 

495.8 

175.9 

314.1 

315.1 

263.6 

247.5 

247.0 

195.8 

292.7 

282.9 

1949 

368.5 

191.0 

339.2 

354.0 

282.0 

295.9 

275.0 

214.5 

308.8 

303.7 

1950 

388.2 

211.2 

360.1 

379.9 

286.5 

317.9 

297.4 

233.7 

320.1 

321.8 

1951     m 

616.8 

245.4 

427.6 

460.6 

333.7 

355.5 

340.0 

270.4 

349.4 

381.3 

First  of  Month 

1950— Apr. 

288.9 

206.1 

346.6 

313.0 

274.4 

301.8 

283.9 

231.8 

309.8 

303.8 

May 

213.5 

206.1 

348.4 

334.5 

277.5 

307.5 

287.6 

232.4 

318.2 

305.8 

June 

270.7 

205.0 

352.3 

387.5 

288.4 

317.6 

290.6 

233.2 

321.5 

315.3 

July 

350.2 

216.2 

364.1 

423.0 

296.5 

326.7 

296.7 

235.5 

332.4 

328.3 

Aug. 

366.3 

219.8 

366.7 

437.6 

303.7 

333.6 

296.9 

235.2 

333.5 

332.5 

Sept. 

407.7 

211.7 

369.9 

449.7 

261.8 

332.2 

297.5 

234.3 

329.7 

328.0 

Oct. 

481.1 

220.9 

385.1 

447.8 

309.1 

329.3 

307.6 

243.7 

334.2 

346.6 

Nov. 

587.5 

226.0 

389.7 

444.8 

305.9 

324.9 

317.1 

245.3 

326.8 

351.7 

Dec. 

647.5 

230.5 

394.6 

427.0 

309.8 

329.6 

328.1 

245.9 

324.1 

356.3 

1951— Jan. 

632.1 

217.0 

373.1 

343.8 

299.6 

321.2 

333.9 

246.5 

318.7 

338.2 

Feb. 

609.0 

233.1 

402.1 

359.8 

302.7 

326.1 

317.4 

251.2 

327.1 

351.5 

Mar. 

633.7 

235.2 

405.3 

353.8 

303.8 

331.1 

319.5 

252.1 

330.8 

353.8 

Apr. 

549.8 

230.1 

414.6 

352.0 

308.8 

331.5 

325.6 

264.6 

332.0 

357.8 

May 

472.8 

237.4 

423.7 

408.9 

317.6 

343.3 

332.9 

271.3 

340.9 

367.9 

June 

539.8 

238.3 

429.0 

459.3 

331.2 

359.2 

338.4 

272.0 

350.4 

379.0 

July 

589.7 

250.2 

440.0 

495.7 

346.2 

369.3 

345.5 

273.6 

363.7 

392.5 

Aug. 

495.2 

254.2 

440.1 

526.3 

352.9 

373.7 

342.9 

274.7 

368.0 

394.0 

Sept. 

505.5 

252.3 

446.1 

556.0 

361.3 

371.0 

342.4 

276.1 

369.3 

400.2 

Oct. 

630.2 

263.0 

454.4 

570.8 

359.2 

375.8 

354.4 

280.9 

367.0 

410.0 

Nov. 

820.3 

264.7 

451.4 

559.0 

360.5 

377.9 

358.1 

289.6 

363.7 

413.4 

Dec. 

923.3 

268.7 

451.8 

542.3 

361.0 

385.7 

368.6 

292.4 

361.5 

416.7 

1952— Jan. 

845.9 

251.7 

418.7 

413.3 

352.4 

379.7 

375.0 

291.6 

350.5 

389.0 

t     As  reported  by  establishments  with  not  less  than  15  employees.      Includes  casual  and  part-time  employees.      Gross  payrolls  before  deductions  made  for  income 
tax,  etc.     Includes  overtime  and  cost-of-living  payments. 
(1)   As  reported,  first  of  month,  for  the  last  pay  period  in  the  previous  month. 


49 


MARCH  1952 


Millions  of  Dollars 


XIV— CASH  INCOME  FROM  THE  SALE  OF  FARM  PRODUCTS* 

Dominion  Bureau  of  Statistics 


BY  PRODUCTS 

BY  REGIONS 

Total 

(i> 
Participa- 

Dairy 

Ontario 

(Incl. 

Field 

tion  & 

Livestock 

Products 

All 

Total 

Maritimes 

and 

Western 

Total 

Govt.   (2) 

Crops 

Equaliza- 
tion Payts. 

Poultry  & 
Eggs 

Other 

Quebec 

Provinces 

Payments) 

Calendar  Years 

1926 

542 

- 

193 

187 

43 

966 

41 

348 

577 

966 

966 

1927 

510 

- 

195 

195 

45 

945 

40 

349 

556 

945 

945 

1928 

603 

- 

210 

206 

50 

1,070 

41 

371 

657 

1,070 

1,070 

1929 

471 

- 

215 

203 

49 

938 

41 

367 

530 

938 

938 

1930 

261 

- 

158 

188 

41 

647 

39 

306 

302 

647 

647 

1931 

170 

_ 

112 

163 

31 

476 

29 

246 

201 

476 

476 

1932 

180 

- 

80 

127 

25 

412 

22 

191 

199 

412 

412 

1933 

184 

- 

84 

128 

27 

423 

25 

194 

204 

423 

423 

1934 

224 

- 

112 

140 

31 

506 

28- 

218 

260 

506 

506 

1935 

226 

- 

131 

146 

33 

536 

32 

233 

271 

536 

536 

1936 

247 

_ 

149 

158 

37 

591 

35 

258 

298 

591 

591 

1937 

252 

- 

186 

165 

39 

642 

39 

292 

312 

642 

642 

1938 

286 

- 

157 

172 

39 

653 

37 

293 

323 

653 

653 

1939 

332 

- 

179 

166 

39 

716 

35 

309 

372 

716 

718 

1940 

291 

- 

226 

171 

46 

735 

38 

329 

368 

735 

745 

1941 

314 

_ 

302 

219 

51 

885 

45 

415 

426 

885 

915 

1942 

347 

- 

374 

314 

63 

1,099 

58 

530 

512 

1,099 

1,154 

1943 

516 

- 

445 

367 

79 

1,407 

71 

585 

752 

1,407 

1,438 

1944 

825 

47 

514 

400 

90 

1,829 

75 

628 

1,126 

1,829 

1,847 

1945 

654 

10 

526 

422 

93 

1,696 

79 

691 

926 

1,696 

1,702 

1946 

708 

39 

503 

431 

101 

1,742 

87 

738 

917 

1,742 

1,759 

1947 

845 

79 

496 

497 

127 

1,965 

90 

830 

1,045 

1,965 

1,977 

1948 

1,021 

180 

726 

578 

138 

2,463 

105 

1,021 

1,338 

2,463 

2,484 

1949 

1,064 

220 

755 

537 

130 

2,487 

99 

1 ,023 

1,365 

2,487 

2,504 

1950 

758 

50 

820 

501 

139 

2,220 

108 

1,039 

1,072 

2,220 

2,233 

1951f 

1,122 

313 

906 

634 

163 

2,826 

121 

1,227 

1,477 

2,826 

2,836 

*     Excludes  Newfoundland. 

(1)  Wheat  participation  and  adjustment  payments,  oats  and  barley  equalization  payments  and  flax-seed  adjustment  payments.     The  wheat  participation  and 
adjustment  payments  for  the  years  1944  to  19S1  inclusive  amounted  to  47,  10,  39,  74,  158.  211,  8  and  271  million  dollars  respectively. 

(2)  Payments  under  the  Wheat  Acreage  Reduction  Act,  the  Prairie  Farm  Assistance  Act  and  the  Prairie  Farm  Income  Act.     t  Preliminary. 


CASH    INCOME    FROM    THE   SALE   OF    FARM    PRODUCTS 


(i) 


MILLIONS  OF  DOLLARS 

3000 


2000 


TOTAL 


CALENDAR   YEARS 


FIELD  CROPS 


1000 


PARTICIPATION  8, 
EQUALIZATION 
PAYMENTS  • 

%  OF   TOTAL  FARM   INCOME 
1501 


MILLIONS  OF  DOLLARS 

1200 


1938    39     40     41     42    43    44    45    46     47    48     49    50      51 

LIVESTOCK 


1938   39     40     41      42     43    44     45     46     47     48    49     50     51 

DAIRY  PRODUCTS'2' 


1200 


1938  39     40     41      42     43    44    45     46    47    48     49     50     51  1938  39    40     41     42     43    44    45     46    47    48     49     50      51 

(1)    Includes  wheat  and  coarse  grain  at  the  initial  price,  plus  retroactive  participation  and  equalization  payments  in  the  year  in  which  payment 

ri/Mi  It-  r\r    in/1     unn^ 


takes  place. 


(2)    Includes  poultry  and  eggs. 


MARCH  1952 


50 


XV— CONSTRUCTION  OF  DWELLING  UNITS (1) 

Dominion  Bureau  of  Statistics 


Calendar 
Years 


Under 

Con- 
struction 
January  1 


Started 

during 

year 


Completed  During  Year 


One  Family 
Detached 


Two  Family   Apartment 
Detached    |      or  Flat 


Other 


Total 


Adjust-  <2> 
ments 


Under 
Con- 
struction 
December31 


1950 


Newfoundland 

1,334 

2,090 

1,714 

2 

_ 

_ 

1,716 

242 

1,950 

P.E.I. 

292 

333 

361 

4 

10 

- 

375 

41 

291 

Nova  Scotia 

2,326 

2,705 

2,452 

52 

69 

- 

2,573 

29 

2,429 

NewBrunswick 

1,274 

2,323 

2,044 

126 

266 

109 

2,545 

155 

897 

Quebec 

14,984 

28,515 

12,589 

6,668 

7,852 

128 

27,237 

1 ,403 

14,859 

Ontario 

23,585 

33,430 

27,942 

188 

3,064 

124 

31,318 

1,482 

24,215 

Manitoba 

2,781 

4,072 

4,290 

40 

258 

24 

4,612 

148 

2,093 

Saskatchewan 

1,452 

2,904 

2,813 

- 

- 

- 

2,813 

483 

1,060 

Alberta 

4,309 

8,623 

6,804 

126 

318 

18 

7,266 

137 

5,803 

British 

Columbia 

7,166 
59,503 

7,536 

7,676 

170 

703 

11 

8,560 
89,015 

296 

5,846 

Canada 

92,531 

68,685 

7,376 

12,540 

414 

3,576 

59,443 

1951 


Newfoundland 

1,950 

1,101 

926 

6 

7 

2 

941 

117 

1,993 

P.E.I. 

291 

95 

288 

- 

- 

2 

290 

2 

94 

Nova  Scotia 

2,429 

1,466 

1,891 

- 

51 

- 

1,942 

26 

1,979 

New  Brunswick 

897 

900 

1,119 

16 

8 

- 

1,143 

21 

675 

Quebec 

14,859 

21,193 

13,200 

6,822 

6,573 

91 

26,686 

188 

9,554 

Ontario 

24,215 

27,349 

26,237 

318 

4,529 

648 

31,732 

574 

19,258 

Manitoba 

2,093 

3,183 

3,548 

70 

179 

13 

3,810 

131 

1,335 

Saskatchewan 

1,060 

2,154 

1,936 

2 

12 

76 

2,026 

12 

1,200 

Alberta 

5,803 

5,442 

5,289 

202 

566 

- 

6,057 

2 

5,186 

British 

Columbia 

5,846 

5,696 

5,932 

132 

615 

4 

6,683 

207 

4,652 

Canada 

59,443 

68,579 

60,366 

7,568 

12,540 

836 

81,310 

786 

45,926 

(1)  Excluding  dwelling  units  added  by  conversion  of  existing  structures,  which  amounted  to  2,739  and  3,500  in  the  years  1950  and  1951  respectively. 

(2)  Adjustments  for  dwellings  on  which  construction  has  ceased,  or  when  completed  contain  more  or  less  dwelling  units  than  were  reported  when  construction 
commenced.     Additional  adjustments  have  been  made  in  1950  to  eliminate  duplication. 


CONSTRUCTION  OF  DWELLING  UNITS 

NUMBER    OF   UNITS    STARTED 


THOUSANDS 

15 


THOUSANDS 

15 


NUMBER   OF   UNITS    COMPLETED 

THOUSANDS 

15 


THOUSANDS 

15 


10 


I950-. 

7# 

\         i 195 

1 

X^  // 

\y 

!    ( 

! 

DJFMAMJJASOND 

NUMBER  OF   UNITS   UNDER    CONSTRUCTION 

THOUSANDS  THOUSANDS 


DJFMAMJJASOND 

INDEX  OF  BUILDING  COSTS'" 

INDEX  1948  =  100  INDEX  1948  =  100 


70 


60 


50 


1950^ 

"\ 

I95I-7 

^V 

r     1 

, 

, 

1                 T 

70 


60 


50 


DJFMAMJJASOND  "DJFMAMJJ 

(1)    Composite  index  of  wage  rates  in  the  construction  industry  with  wholesale  prices  of  residential  building  materials. 


51 


MARCH  1952  MARCH  1952 

XVI— MERCHANDISE  EXPORTS:  COMMODITY  CLASSIFICATION 


52 


&) 

Compiled  from  "Trade  of  Canada' 

Dominion 

Bureau  of  Statistics 

Millions  of  Dollar 

l  TV 

Millions  of  Dollars 

Fruits 

and 

Vegetables 

Wheat 

and 
Wheat 
Flourd) 

Oats 

Other 

Grains 

and 

Products 

Live 

Cattle 

Bacon 
and 
Hams 

Other 
Meats 

Cheese 

Other 

Milk 

Products 

Eggs 

Seeds 

Other 

Farm<!) 

(incl. 

raw  wool) 

Fish 

(fresh  and 

frozen) 

Fish 

(canned  & 

salted 

Furs 

Logs 

and 

Rounds 

Planks 

and 
Boards 

Pulpwood 

Wood  Pulp 

Newsprint 

Other 
Paper 

Other 

Wood 

Products 

Alcoholic 
Beverages 

Rubber 
&  Products 

(incl. 
Synthetic) 

Calendar  Years 

1929 

18 

302 

5 

26 

14 

7 

9 

19 

10 

- 

4 

24 

12 

24 

23 

10 

49 

13 

44 

149 

6 

22 

30 

32 

Calendar  Years 
1929 

1932 

11 

146 

5 

17 

2 

4 

3 

9 

3 

- 

1 

8 

7 

11 

11 

3 

13 

5 

19 

83 

3 

8 

12 

7 

1932 

1937 

16 

182 

2 

25 

16 

33 

9 

13 

5 

" 

5 

23 

12 

16 

18 

7 

45 

12 

42 

126 

10 

20 

21 

18 

1937 

1946 

29 

417 

23 

41 

18 

66 

63 

22 

13 

27 

13 

39 

41 

45 

32 

20 

125 

29 

114 

266 

22 

50 

36 

22 

1946 

1947 

32 

446 

12 

55 

15 

62 

41 

14 

16 

37 

17 

44 

38 

44 

29 

24 

208 

35 

178 

342 

31 

69 

28 

33 

1947 

1948 

21 

383 

23 

74 

74 

70 

65 

12 

18 

39 

50 

55 

45 

40 

24 

26 

196 

44 

212 

383 

34 

60 

29 

33 

1948 

1949 

20 

533 

19 

59 

61 

24 

44 

16 

14 

21 

44 

51 

35 

59 

23 

20 

160 

31 

171 

434 

19 

40 

35 

26 

1949 

1950 

24 

418 

17 

56 

79 

28 

47 

17 

11 

6 

31 

53 

*        50 

63 

25 

13 

291 

35 

209 

486 

20 

61 

44 

12 

1950 

1951 

24 

551 

54 

105 

,       63 

4 

69 

10 

11 

4 

28 

59 

53 

64 

30 

14 

312 

68 

365 

536 

38 

65 

56 

29 

1951 

12-Mths.  ending 
Jan.  1952 

24 

557 

54 

107 

59 

3 

68 

10 

11 

3 

28 

55 

53 

64 

27 

14 

308 

70 

375 

543 

38 

64 

56 

30 

12-Mths.  ending 
Jan.  1952 

Monthly 
1950— Oct. 

3.2 

34.3 

1.0 

5.7 

6.9 

2.0 

3.9 

2.1 

1.3 

.2 

4.5 

4.0 

6.7 

5.1 

.5 

1.3 

37.4 

4.2 

21.6 

49.0 

2.1 

7.1 

4.1 

.9 

Monthly 
Oct.-1950 

Nov. 

2.4 

43  2 

1.9 

6.9 

9.4 

2.4 

5.2 

1.1 

.8 

.1 

5.2, 

3.9 

5.9 

6.7 

.4 

1.0 

27.6 

3.7 

21.9 

40.6 

2.7 

5.9 

6.0 

1.4 

Nov. 

Dec. 

2.1 

26.4 

5.0 

10.1 

7.5 

'     1.7 

4.3 

.3 

.4 

1.2 

4.2 

3.7 

3.4 

5.6 

5.4 

1.2 

20.8 

3.2 

21.2 

42.2 

2.5 

6.9 

4.4 

1.5 

Dec. 

1951— Jan. 

Feb    ' 

2.2 

33.6 

2.4 

4.5 

5.5 

1.0 

3.5 

.2 

.3 

1.2 

4.9 

8.5 

4.6 

6.1 

6.5 

1.2 

24.0 

3.8 

24.0 

40.7 

2.8 

4.9 

4.2 

1.6 

Jan.-1951 
Feb. 

1.9 

27.4 

1.4 

3.7 

5.5 

.3 

2.3 

.3 

.3 

.4 

3.4 

6.2 

3.7 

5.1 

4.4 

1.0 

21.3 

3.9 

21.6 

35.8 

2.7 

4.8 

3.4 

1.8 

Mar. 

1.6 

31.0 

1.6 

3.5 

7.6 

.3 

2.2 

.1 

.4 

.2 

1.9 

6.3 

3.5 

5.2 

2.6 

1.2 

26.5 

4.7 

27.2 

43.3 

2.9 

6.2 

5.3 

2.1 

Mar. 

Apr. 
May 

1.3 

35.9 

1.2 

3.9 

6.9 

.4 

4.2 

.1 

.5 

.1 

3.0 

5.6 

3.2 

4.3 

2.3 

.9 

27.5 

3.5 

26.6 

42.3 

2.8 

6.3 

4.4 

2.1 

Apr. 

2.2 

46.2 

7.2    . 

7.2 

.  7.0 

.3    ■ 

9.7 

.1 

1.2 

.1 

.7 

3.6 

3.9 

4.7 

1.9 

.7 

26.6 

2.7 

31.5 

47.2 

3.2 

5.5 

4.3 

2.3 

May 

June 

1.6 

57.4 

4.6 

12.7 

4.9 

.2 

11.8 

.4 

1.2 

.1 

1.1 

3.6 

3.9 

5.1 

1.9 

1.4 

24.7 

5.8 

32.4 

39.2 

3.1 

4.5 

3.2 

2.1 

June 

July 

1.4 

63.3 

7.6 

11.2 

3.0 

.2 

9.8 

.9 

1.2 

.1 

.9 

4.3 

5.2 

4.8 

1.7 

1.4 

28.7 

7.7 

34.3 

51.3 

3.3 

4.7 

4.0 

3.0 

July 

Aug. 

2.2 

42.3 

6.9 

6.1 

4.4 

.1 

6.0 

1.5 

1.4 

.1      ' 

1.1 

3.9 

5.1 

4.0 

1.1 

1.5 

28.9 

8.0 

35.7 

51.5 

3.2 

5.1 

4.7 

2.6 

Aug. 

Sept. 

2.3 

39.8 

6.8 

7.0 

5.7 

.1 

5.7 

2.0 

•  .8 

.1 

.8 

3.1 

5.1 

5.0 

2.0 

1.1 

25.4 

7.1 

31.4 

44.0 

2.9 

5.3 

5.6 

3.1 

Sept. 

Oct. 

2.5 

59.7 

3.5 

13.6 

5.5 

.1 

7.4 

2.6 

1.0 

.1 

1.7 

5.0 

6.1 

6.7 

.6 

1.5 

29.1 

8.7 

34.6 

50.1 

3.5 

5.6 

6.0 

2.6 

Oct. 

Nov. 

2.7 

76.8 

5.5 

15.2 

4.8 

.3 

4.4 

lift 

.31 

1.5 

.3 

2.7 

4.2 

5.2 

5.7 

.6 

1.3 

25.9 

6.6 

32.5 

49.6 

3.3 

5.6 

5.8 

2.2 

Nov. 

Dec. 

2.0 

38.0 

5.3 

16.0 

2.2 

.3 

2.3 

1.3 

.9 

5.8 

•     4.7 

4.0 

7.5 

4.2 

1.0 

23.6 

5.4 

33.2 

41.4 

4.2 

6.7 

5.5 

3.5 

Dec. 

1952— Jan. 

2.1 

39.3 

2.1 

7.3 

1.3 

.4 

2.3 

.1 

.5 

.4 

4.6 

4.7 

4.2 

5.7 

3.6 

.9 

20.2 

5.8 

33.5 

47.2 

3.5 

3.9 

3.9 

2.7 

Jan.-1952 

Other 
Fibres 

Farm 

Machinery 

Autos, 

Other 

Other 

Aluminum 

Copper 

Lead 

Nickel 

Precious 

Zinc 

Other 

Other 

Other 

Ships 

Aircraft 

All 

Net  Non- 

Total 

Exports 

(Including 

gold) 

Artificial 

&  Textiles 

Imple- 

(excl. 

Trucks 

Vehicles 

Iron  and 

Electrical 

and 

and 

and 

and 

Metals 

Non- 

Asbestos 

Non- 

Fertilizers 

Chemicals 

and 

and 

Other 

monetary 

Silk 

(excl.  raw 
wool) 

ments  & 
Machinery 

agriculture) 

&  Parts 

&  Parts 

Steel 

Apparatus 

Products 

Products 

Products 

Products 

(ex.  gold) 

Products 

ferrous 
Metals 

metallic 
Minerals 

&  Products 

Vessels 

Parts 

Export3 

Gold 

Calendar  Years 

Calendar  Years 

1929 

— 

8 

20 

7 

47 

— 

16 

3 

15 

37 

11 

26 

12 

9 

5 

13 

17 

7 

14 

1 

- 

33 

37 

1,190 

1929 

1932 

_ 

4 

2 

4 

7 

- 

4 

1 

4 

16 

3 

7 

6 

4 

2 

3 

6 

3 

8 

- 

- 

14 

70 

560 

1932 

1937 

2 

11 

10 

11 

27 

- 

18 

4 

19 

56 

18 

59 

19 

15 

5 

15 

16 

7 

15 

1 

- 

27 

145 

1,176 

1937 

1946 

8 

42 

29 

16 

78 

34 

71 

21 

56 

37 

17 

55 

21 

28 

13 

24 

33 

32 

35 

19 

10 

100 

96 

2,447 

1946 

1947 

12 

35 

42 

41 

92 

15 

84 

19 

64 

59 

31 

60 

,  23 
25 

30 

17 

33 

42 

34 

49 

26 

6 

94 

99 

2,858 

1947 

1948 

7 

35 

74 

41 

55 

21 

91 

17 

102 

79 

35 

74 

42 

22 

42 

53 

36 

43 

84 

11 

93 

119 

3,209 

1948 

1949 

2 

19 

93 

32 

39 

23 

106 

12 

94 

87 

42 

92 

28 

56 

15 

37 

36 

39 

31 

42 

25 

81 

139 

3,132 

1949 

1950 

5 

20 

88 

26 

40 

5 

92 

11 

107 

88 

38 

105 

34 

59 

16 

63 

40 

39 

62 

23 

4 

59 

162 

3,280 

1950 

1951 

4 

28 

106 

40 

79 

3 

113 

18 

125 

87 

45 

137 

49 

84 

25 

82 

50 

36 

96 

9 

8 

73 

150 

4,061 

1951 

12-Mths.  ending 

12-Mths.  ending 

Jan.  1952 

4 

29 

111 

41 

96 

3 

119 

18 

122 

89 

46 

136 

48 

85 

26 

81 

51 

36 

97 

9 

8 

74 

146 

4,096 

Jan.  1952 

Monthly 

Monthly 

1950— Oct. 

.5 

2.1 

6.6 

2.1 

3.3 

.2 

9.8 

1.1 

14.8 

8.5 

6.4 

10.2 

3.0 

5.3 

1.3 

6.6 

3.6 

2.8 

6.5 

1.0 

.3 

5.1 

16.4 

326.7 

Oct.-1950 

Nov. 

.4 

1.6 

6.0 

2.7 

4.2 

.2 

9.1 

1.3 

3.6 

,  6.9. 

4.9  • 

8.8 

5.2 

7.4 

2.1 

6.8 

4.1 

3.1 

5.5 

.1 

.3 

6.2 

12.3 

309.6 

Nov. 

Dec. 

.3 

1.8 

5.8 

3.1 

3.7 

.2 

8.1 

1.2 

13.2 

7.4 

5.9 

8.4 

2.3 

5.4 

1.1 

5.8 

3.2 

3.4 

6.1 

- 

.3 

6.6 

11.3 

289.7 

Dec. 

1951— Jan. 

.3 

1.7 

8.5 

2.7 

1.7 

.2 

6.5 

1.2 

10.3 

6.6 

3.9 

11.8 

4.9 

7.4 

1.5 

6.3 

3.5 

3.2 

6.2 

1.4 

.4 

5.6 

17.3 

305.1 

Jan.- 1951 

Feb. 

Feb. 

.2 

1.7 

5.8 

2.8 

1.9 

.1 

4.8 

1.2 

7.4 

5.4 

2.4 

7.7 

5.4 

2.6 

1.0 

4.3 

2.9 

3.1 

6.0 

.1 

.5 

4.8 

11.7 

246.2 

Mar. 

.3 

1.9 

13.7 

2.8 

4.0 

.5 

5.6 

1.3 

10.8 

5.5 

3.9 

10.7 

3.3 

5.4 

2.9 

8.5 

3.5 

2.1 

6.5 

.5 

.5 

5.6 

8.4 

295.9 

Mar. 

Apr. 

.3 

2.1 

10.8 

3.4 

6.4 

.3 

8.4 

1.8 

12.7 

9.3 

3.2 

11.2 

2.8 

5.0 

1.5 

7.8 

3.8 

2.7 

7.8 

1.2 

.4 

6.2 

16.2 

314.6 

Apr. 

May 

.4 

3.3 

10.7 

3.8 

4.2 

.2 

7.5 

1.2 

12.1 

5.6 

5.2 

9.0 

4.1 

6.2 

1.5 

7.2 

4.2 

4.1 

7.8 

3.1 

.7 

6.4 

13.0 

341.3 

May 

June 

.4 

2.4 

10.4 

2.7 

3.5 

.2 

9.3 

1.5 

3.5 

6.6 

2.2 

9.1 

4.2 

7.6 

1.6 

6.7 

3.7 

3.7 

7.3 

.1 

.5 

5.9 

13.8 

333.7 

June 

July 

.4 

2.7 

9.2 

2.5 

5.6 

.2 

10.1 

1.6 

14.5 

7.7 

3.4 

12.7 

5.6 

9.6 

2.9 

6.9 

4.6 

2.5 

9.1 

.9 

.6 

7.0 

13.4 

387.8 

July 

Aug. 

.5 

2.5 

7.6 

2.3 

5.9 

.3 

11.5 

.9 

16.1 

5.6 

3.1 

13.3 

4.2 

6.8 

1.7 

7.4 

4.1 

3.0 

9.7 

.3 

.7 

6.0 

11.0 

351.8 

Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

Sept. 

.2 

1.7 

6.2 

3.5 

9.2 

.1 

9.8 

1.5 

9.8 

7.4 

3.9 

11.4 

3.1 

7.5 

1.7 

6.7 

4.8 

2.9 

8.3 

.1 

.7 

5.9 

10.8 

329.4 

Oct. 

.4 

2.7 

8.3 

4.3 

12.3 

.3 

15.0 

1.9 

11.2 

7.0 

3.4 

13.7 

3.0 

8.8 

2.6 

7.2 

5.0 

2.4 

8.9 

.7 

.7 

7.0 

8.2 

392.8 

Nov. 

.3 

2.4 

7.5 

4.0 

12.7 

.5 

12.7 

1.7 

9.5 

7.9 

5.1 

12.8 

28 

9.8 

3.0 

5.5 

5.2 

3.1 

10.3 

.4 

.9 

6.4 

7.7 

396.7 

Dec. 

.6 

2.7 

7.7 

5.5 

11.9 

.2 

12.1 

2.0 

7.1 

12.6 

5.8 

13.4 

5.0 

7.7 

3.2 

7.5 

4.5 

3.0 

8.1 

.1 

.9 

6.6 

18.3 

365.6 

1952— Jan. 

.4 

2.6 

13.1 

3.5 

18.2 

.2 

12.3 

1.6 

7.1 

8.7 

4.2 

10.8 

4.3 

7.6 

2.8 

5.8 

4.3 

3.2 

7.6 

1.1 

.9 

6.0 

13.4 

340.0 

Jan.-1952 

(11   In  the  case  o 

wheat  exoo 

rts  for  the  ve 

sirs  1037  and 

1046  tn  1Q5 

.      _ 

„    , 

_ 

■          „T 

r  r       A 

'   nnrl#r  mAf> 

numbers    18 

0.  610.  690. 

710.  790.  117 

0.  150O-159C 

,  1610,  1620 

1630,  1640, 

1645,  16S0.  1660. 

,, ■■■,,    ,,...,       ,,,     .-.,,    .  ..,■     ,,,,,      „, ,  - .    :  ^„.nmissioners'  data  rather  than  Customs'  clearances.      (2)    Made  up  of  various  items  listed  in 

1670.  1680,  1700.  1710,  2015,  2020.  2025,  2060,  2065.  2066,  2070,  207S,  2080,  2085.  2090,  2095,  2100-2110,  2490,  2500-2525,  2750,  2795.  2805,  2810,  2812,  2825,  2840.    2845,  2855,  2860,  3160-3187. 


53 


MARCH  1952 


Millions  of  Dollars 


XVII— EXPORTS  AND  IMPORTS  BY  COUNTRIES 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 

MERCHANDISE  EXPORTS*"* 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Non- 
monetary 

U.S.A. 

U.K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Gold 

cies 

South 
Africa 

Area 
(3) 

Colonies 
(4) 

South 
America 

(5) 

Countries 

Exports 

Calendar  Years 

1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12  Mths.  end'g 

Feb.  1952  <•> 

2,350 

654 

81 

56 

149 

393 

244 

155, 

4,082 

147 

Monthly 
1950-Nov. 

196.0 

39.7 

4.7 

2.9 

11.9 

25.4 

13.9 

6.6 

301.0 

12.3 

Dec. 

190.5 

36.2 

3.2 

2.6 

11.4 

20.7 

13.1 

4.4 

282.0 

11.3 

1951-Jan. 

191.2 

40.0 

4.8 

3.9 

10.4 

16.2 

14.1 

10.8 

291.4 

17.3 

Feb. 

155.4 

33.0 

3.8 

1.2 

10.1 

14.6 

11.4 

7.8 

237.4 

11.7 

Mar. 

193.8 

38.9 

4.7 

3.6 

13.4 

14.5 

12.5 

9.9 

291.4 

8.4 

Apr. 

188.5 

43.8 

5.2 

6.5 

11.4 

17.8 

14.9 

15.2 

303.4 

16.2 

May 

206.2 

51.4 

6.3 

4.3 

9.2 

20.6 

18.0 

15.9 

331.9 

13.0 

June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan. 

191.1 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.4 

Feb.<6) 

175.8 

44.1 

8.3 

4.1 

15.7 

32.0 

27.7 

12.1 

319.9 

13.2 

Millions  of  Dollars 

MERCHANDISE  IMPORTS(,)* 

Excess  of 

TOTAL  II 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.  K. 

Dependen- 

OF 

Sterling 

Europe  & 

and 

Other 

All 

Merch- 

(2) 

cies 

South 
Africa 

Area 

(3) 

Colonies 

(4) 

South 
America 

(S) 

Countries 

andise 
Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2,130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

12  Mths.  end'g 

Jan.  1952<«> 

2,808 

409 

161 

6 

134 

183 

275 

86 

4,063 

11 

Monthly 

1950-Nov. 

214.8 

39.5 

16.0 

.8 

13.8 

15.3 

20.6 

6.5 

327.3 

26.3 

Dec. 

182.3 

32.0 

11.7 

.2 

8.3 

10.4 

16.2 

5.1 

266.3 

15.7 

1951-Jan. 

233.3 

33.9 

12.5 

.2 

10.2 

9.5 

22.1 

5.4 

327.1 

35.7 

Feb. 

199.0 

27.8 

7.8 

.4 

6.7 

9.1 

17.0 

6.2 

274.2 

36.7 

Mar. 

245.7 

30.4 

12.2 

.5 

12.3 

11.4 

22.5 

7.4 

342.5 

51.1 

Apr. 

278.3 

48.9 

12.7 

.5 

9.2 

14.1 

22.2 

7.0 

393.0 

89.7 

May 

273.2 

43.2 

19.7 

.8 

11.6 

18.5 

27.3 

10.5 

404.7 

72.8 

June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec. 

203.1 

19.4 

8.4 

.3 

5.3 

9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan.<6> 

228.7 

24.3 

8.1 

.2 

6.5 

11.8 

22.2 

5.1 

307.0 

24.0 

Feb.<7> 

212.2 

21.2 

282.1 

37.8 

*  Commencing  April  1.  1949,  external  trade  of  Newfoundland  is  included 
and  Canadian  trade  with  Newfoundland,  formerly  in  the  "All  Other" 
category,  disappears. 

(1)  Includes  exports  of  foreign  produce.  In  the  case  of  wheat  exports,  figures  are 
based  on  Board  of  Grain  Commissioners'  data  rather  than  Customs' 
clearances.  Excludes  defence  equipment  transferred  by  Canada  to  North 
Atlantic  Treaty  countries  which  in  1950  and  1951  amounted  to  56.8  and 
109.1  million  dollars  respectively. 

(2)  Imports  from  the  United  Kingdom  do   not  include  articles  imported  for 


(3) 

(4) 
(5) 

(6) 


the  use  of  the  armed  forces  of  the  United  Kingdom.   In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)  and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded. 

Consists  of  Eire,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 

Ceylon  and  Iraq.     Egypt  is  included  in  the  "All  Other"  category. 

Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

Includes  Egypt,  Spain,  Palestine,  and  also  Newfoundland  until  March  31, 

1949. 

Preliminary.         (7)  Estimates. 


MARCH   1952 


54 


MERCHANDISE  TRADE 


MILLIONS  OF  DOLLARS 


EXPORTS 

MONTHLY    TOTALS 


MILLIONS  OF   DOLLARS 


400 


300 


200 


1952 


fC 


TOTAL 


IQSlV 


A. 


/  N 


1952-7- 

US.  A.                ^ 

*J  V  *y 

1950 

1         1 

|          | 

|          | 

1        1      T 

-200 


150 


100 


DJFMAMJ    JASOND 


DJFMAMJJASOND 


DJFMAMJJASOND 

*  See  footnotes  on  facing  page. 


DJ         FMAMJ         JASOND 


MILLIONS  OF  DOLLARS 


IMPORTS 

MONTHLY    TOTALS 


MILLIONS  OF  DOLLARS 


DJ   FMAMJJASOND 


DJFMAMJJASOND 


D         JFMAMJ        JASOND 
*  See  footnotes  on  facing  page. 


DJFMAMJJASOND 


>a-l< 


■TATISTICAL  SUMMARY 

BANK  OF  CANADA 


Tables 


Charts 


Pages 


Agricultural,  Industrial  and  Commercial  Loans 
Public  Savings  Deposits 


I     Bank  of  Canada  : 

Liabilities  and  Assets 

Chartered  Banks 
Chartered  Banks 

II     Chartered  Banks: 

Liabilities  and  Assets 

III  General  Public  Holdings  of  Certain  Liquid  Assets  . 

IV  Chartered  Banks: 

Estimated  Quarterly  Classification  of  Loans  in  Canada 

V    Government  Bond  Yields  and  Treasury  Bill  Rates 

VI     Canadian  Gold  Statistics 

VII     Foreign  Exchange  Rates 

United  States  Dollar  in  Canadian  Funds 

VIII     Bond  Issues  and  Retirements     .... 
IX     Public  Finance  :  Government  of  Canada  : 

Financial  Requirements 

Sources  of  Financing 

Distribution  of  Total  Tax  Collections 
Budgetary  Expenditures  by  Classes    . 

X  Business  Activity 

XI  Foreign  Investment  in  Canada  .... 

XII  Canadian  Balance  of  International  Payments 

XIII  Wholesale  Prices 

XIV  Cost  of  Living 

XV  Merchandise  Trade:  Exports  and  Imports  by  Countries 

XVI     Merchandise  Exports:  Commodity  Classification  by  Volume 
XVII     Merchandise  Imports:  Commodity  Classification  by  Volume 


55-56 
55 

56 

57  -  58 
57  -  58 

59 

60 

60 

61 
61 

62 

63 
64 
65 
65 

66 

66 

67  -  68 

69 

69 

70 

71 

72 


TABLES  AND  CHARTS  MAY    BE   REPRODUCED  OR   REFERRED  TO   PROVIDED  THAT  THE    BANK   OF 
CANADA   STATISTICAL   SUMMARY,   WITH   ITS   DATE,   IS   SPECIFICALLY   QUOTED   AS   THE     SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:   25c   per   copy,   post   free.      For   particulars   apply    to   the   Research    Department,    Bank    of  Canada,   Ottawa. 


APRIL  1952 


55 

APRIL  1952 

APR 

IL  1952 

56 

Millions  of  Dollars 

I— BANK 

OF  CANADA 

Millions  of  Dollars 

LIABILITIES 

ASSETS 

Chartered  Bank  Cash 

Govt,  of 
Canada 
Deposits 

Other 
Deposits 

Foreign 
Currency 
Deposits'" 

Active 

B.  of  C. 

Note 

Circulation 

All 

Other 

Accounts 

Total 

Liabilities 

or 

Assets 

Gold 

Silver 

Foreign(t) 
Exchange 

Securities 

Advances 

All 

Other 

Accounts 

Notes 
in  Tills 

Deposits 

at 
B.ofC. 

Total 

Govt,  op  Canada 
and  Provincial 

Ind.  Dev. 

Bank 
Cap.  Stock 

Other 
Securities 

Total 

Under  2  yra. 

Over  2  yrs. 

As  at  Dec.  31 
1935 
1937 

40.6 
53.9 

181.6 
196.0 

222.2 
249.9 

17.9 
11.1 

.8 
3.5 

- 

59.1 
111.4 

7.7 
14.4 

307.7 
390.3 

180.5 

179.8 

225.7 

• 

1.6 
3.0 

4.2 
14.9 
64.3 

30.9 
82.3 

83.4 
91.6 

- 

12.2 

114.3 
186.1 

3.5 

3.5 
6.5 

As  at  Dec.  31 
1935 
1937 

1939 

70.6 

217.0 

287.6 

46.3 

17.9 

- 

162.2 

13.3 

527.2 

181.9 

49.9 

- 

- 

231.8 

- 

5.5 

1939 

1946 

176.9 

565.5 

742.3 

60.5 

93.8 

1.0 

1,009.3 

41.7 

1,948.6 

- 

- 

1.0 
2.0 

.5 
74.2 

1,197.4 

708.2 

15.0 

_ 

1,920.6 

_ 

27.1 

1946 

1947 

183.9 

536.2 

720.1 

68.8 

67.5 

2.0 

1,027.5 

40.4 

1,926.2 

858.5 

25.0 

- 

1,905.6 

- 

18.7 

1947 

1948 

190.8 

547.3 

738.1 

98.1 

81.0 

.4 

1,098.3 

42.7 

2,058.6 

1,233.7 

779.1 

25.0 

- 

2,037.7 

- 

20.4 

1948 

1949 

211.8 

541.7 

753.5 

30.7 

126.9 

79.6 

1,095.6 

39.5 

2,125.9 

1,781.4 

227.8 

25.0 

5.5 

2,039.7 

- 

12.0 

1949 

1950 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

1,229.3 

712.5 

-25.0 

247.9 

2,214.7 

- 

24.0 

1950 

1951 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

1951 

End  of 
1951— Jan. 

219.6 

537.6 

757.3 

68.3 

204.4 

136.0 

1,074.8 

53.3 

2,294.1 

- 

- 

118.1 

1,171.0 

731.5 

25.0 

200.3 

2,127.7 

_ 

48.2 

End  of 
Jan.— 1951 

Feb. 

202.8 

550.5 

753.3 

69.5 

204.6 

128.9 

1,092.6 

39.8 

2,288.7 

117.5 

1,165.4 

757.0 

25.0 

168.7 

2,116.1 

- 

55.1 

Feb. 

Mar. 

185.1 

552.9 

738.0 

70.5 

206.7 

88.5 

1,134.4 

28.7 

2,266.8     1 

80.2 

1,341.9 

673.7 

25.0 

114.4 

2,155.1 

- 

31.6 

Mar. 

Apr. 

203.1 

556.1 

759.2 

56.9 

215.1 

137.7 

1,119.9 

58.9 

2,347.7 

129.0 

1,327.6 

722.5 

25.0 

70.6 

2,145.7 

- 

73.0 

Apr. 

May 

214.8 

530.1 

744.8 

76.2 

221.5 

129.9 

1,122.7 

38.8 

2,334.1 

125.4 

1,313.7 

777.3 

25.0 

45.3 

2,161.3 

- 

47.4 

May 

June 

177.1 

590.7 

767.8 

75.3 

220.1 

132.8 

1,174.2 

32.2 

2,402.4 

117.0 

1,335.2 

846.3 

25.0 

58.8 

2,265.4 

- 

20.1 

June 

July 

226.0 

558.2 

784.2 

91.1 

212.6 

146.7 

1,144.5 

56.2 

2,435.3     j 

- 

- 

117.0 

1,327.4 

872.5 

25.0 

51.4 

2,276.3 

_ 

41.9 

July 

Aug. 

189.7 

580.4 

770.1 

115.0 

185.7 

143.0 

1,181.0 

62.8 

2,457.6 

- 

" 

100.1 

1,349.6 

888.1 

25.0 

44.1 

2,306.9 

- 

50.6 

Aug. 

Sept. 

195.2 

579.4 

774.6 

105.6 

140.0 

116.3 

1,192.8 

38.5 

2,367.8     1 

~ 

~ 

87.1 

1,297.6 

896.1 

25.0 

31.2 

2,249.9 

- 

30.8 

Sept. 

Oct. 

232.2 

588.3 

820.6 

210.3 

83.3 

102.1 

1,174.3 

62.9 

2,453.4     | 

— 

~ 

96.6 

1,317.5 

956.4 

25.0 

8.2 

2,307.1 

- 

49.7 

Oct. 

Nov. 

195.1 

633.8 

828.9 

66.0 

92.5 

135.1 

1,212.1 

54.4 

2,388.9 

- 

- 

128.9 

1,137.8 

1,043.1 

25.0 

18.8 

2,224.6 

- 

35.4 

Nov. 

Dec. 

273.1 

619j0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

~ 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

Dec. 

1952— Jan. 

222.4      ' 

629.2 

851.6 

92.8 

54.9 

99.5 

1,153.2 

53.9 

2,306.0 

- 

- 

85.4 

1,095.4 

1,042.6 

25.0 

24.3 

2,187.2 

_ 

33.3 

Jan.— 1952 

Feb. 

175.6 

616.7 

792.3 

88.5 

52.1 

84.7 

1,198.8 

27.8 

2,244.3 

- 

- 

70.4 

1,058.1 

1,027.6 

25.0 

27.3 

2,138.0 

- 

35.9 

Feb. 

Mar.             1 

207.5 

656.5 

864.0 

14.6 

66.1 

68.5 

1,185.7 

30.1 

2,229.0 

60.2 

1,179.9 

882.2 

25.0 

11.7 

2,098.8 

~ 

70.0 

Mar. 

(1)  Includes  foreign  exchange  items  for  foreign  clients  and  also  the  Government  of  Canada  and.  commencing  March  31,  1949,  the  Exchange  Fund  Account.        ■*•  Sine 

\ 

CHARTERED    BANKS:   AGRICULTURAL,    INDUSTRIAL   AND   COMMERCIAL    LOANS* 

MILLIONS  OF  DOLLARS 


1000 


MILLIONS  OF  OOLLARS 

1000 


*    Excluding  loans  to  grain  dealers. 

Including  lo.ins  to  instalment  finance  companies, 


May  1940,  the  minimum  gold  reserve  requirement  has  been  in  suspense. 


CHARTERED    BANKS:   PUBLIC   SAVINGS   DEPOSITS 


MILLIONS  OP  DOLLARS 

5000 


4800 


MILLIONS  OF   OOLLARS 

5000 


4800 


4600 


4400 


4200 


4600 


4400 


4200 


DEC  JAN.  FEB  MAR  APR  MAY  JUNE  JULY  AUG  SEPT  OCT  NOV  OEC 


57 

APRIL  1952 

APRIL  1952 

58 

II— CHARTE 

RED  BANKS 

Bank  of 

Canada 

Millions  of  Dollars 



Muttons  of  Dollars 

LIABILITIES 

ASSETS 

DAILY  AVERAGE  DATA 

Notes 

Deposits 

Cash 

in    (j) 
Canada 

Securities 

Loans 

Total 

Assets 

Cash 
in     (3) 
Canada 

Canadian 
Deposits 

Ml 

Percent 
of  Cash  to 
Canadian 

Deposits 

Total 
Active 
Note  (s) 
Circulation 

Demand 

Notice 

Govt,  of 

Canada 

and  Prov. 

Canadian 
Deposits 

Foreign 

Total 
Deposits 

(2) 

Govt,  of 
Canada 

Prov- 
incial 

Foreign 
Govt. 

Other 

Total 

CANADA 

ABROAD 

Call 

Current 
Public 

Current 
Other 

Call 

Current 

As  at  Dec.  31 
1929 

175 

729 

1,434 

92 

2,270 

442 

2,820 

228 

297 

151 

448 

262 

1,403 

122 

245 

251 

3,521 

191 

2,293 

8.3 

205 

Average  of 

Daily  Figures 

1929 

1932 

127 

466 

1,378 

72 

1,928 

329 

2,306 

211 

562 

216 

778 

103 

964 

140 

91 

152 

2,852 

172 

1,955 

8.8 

158 

1932 

1937 

102 

699 

1,583 

53 

2,387 

409 

2,819 

250 

1,111 

59 

242 

1,411 

76 

749 

113 

60 

166 

3,281 

240 

2,357 

10.2 

200 

1937 

1949 

14 

2,426 

4,433 

367 

7,348 

730 

8,177 

753 

3,112 

445 

242 

545 

4,345 

133 

2,174 

97 

70 

211 

8,718 

746 

7,178 

10.4 

1,087 

1949 

1950 

_(«) 

2,770 

4,558 

500 

7,997 

735 

8,867 

810 

3,079 

416 

193 

599 

4,286 

134 

2,651 

125 

100 

247 

9,496 

755 

7,487 

10.1 

1,085 

1950 

1951 

- 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

791 

7,759 

10.2 

1,132 

1951 

End  of 
1951 — Feb. 

_ 

2,612 

4,618 

445 

7,841 

734 

8,702 

753 

2,887 

398 

190 

618 

4,093 

109 

2,736 

136 

114 

256 

9,354 

728 

7,766 

9.4 

1,083 

Feb.— 1951 

Mar. 

_ 

2,487 

4,614 

523 

7,753 

719 

8,625 

738 

2,801 

373 

210 

601 

3,986 

94 

2,856 

152 

96 

252 

9,284 

748 

7,655 

9.8 

1,103 

Mar. 

Apr. 

- 

2,725 

4,598 

360 

7,856 

749 

8,742 

759 

2,742 

368 

208 

607 

3,924 

87 

2,886 

161 

97 

271 

9,403 

770 

7,734 

10.0 

1,106 

Apr. 

May 

_ 

2,692 

4,589 

405 

7,829 

747 

8,718 

745 

2,720 

370 

190 

606 

3,886 

92 

2,896 

170 

99 

281 

9,370 

756 

7,731 

9.8 

1,110 

May 

June 

- 

2,578 

4,559 

455 

7,697 

763 

8,618 

768 

2,681 

366 

192 

598 

3,838 

82 

2,898 

164 

110 

281 

9,256 

768 

7,702 

10.0 

1,125 

June 

July 
Aug. 

^  _ 

2,675 

4,580 

403 

7,809 

753 

8,705 

784 

2,696 

356 

195 

594 

3,840 

84 

2,890 

153 

112 

285 

9,323 

807 

7,761 

10.4 

1,139 

July 

- 

2,675 

4,583 

409 

7,799 

808 

8,775 

770 

2,679 

355 

210 

588 

3,832 

90 

2,912 

161 

119 

262 

9,378 

795 

7,686 

10.3 

1,141 

Aug. 

Sept. 

- 

2,651 

4,595 

391 

7,724 

769 

8,674 

775 

2,734 

353 

208 

581 

3,876 

107 

2,901 

144 

131 

273 

9,276 

805 

7,680 

10.5 

1,152 

Sept. 

Oct. 

- 

2,907 

4,575 

270 

7,913 

784 

8,833 

821 

2,726 

342 

226 

582 

3,876 

111 

2,893 

141 

82 

290 

9,440 

804 

7,743 

10.4 

1,164 

Oct. 

Nov. 

- 

2,936 

4,616 

.276 

8,015 

784 

8,927 

829 

2,744 

357 

214 

578 

3,894 

96 

2,975 

149 

90 

285 

9,544 

867 

7,874 

11.0 

1,174 

Nov. 

Dec. 

- 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

860 

7,890 

10.9 

1,203 

Dec. 

1952— Jan. 

_ 

2,703 

4,639 

363 

7,846 

762 

8,730 

852 

2,819 

339 

214 

556 

3,927 

107 

2,827 

128 

80 

276 

9,343 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

Feb. 

- 

2,704 

4,685 

372 

7,918 

758 

8,799 

792 

2,884 

330 

233 

556 

4,003 

95 

2,788 

130 

94 

276 

9,409 

839 

7,754 

10.8 

1,150 

Feb. 

Nov. 

~ 

2,824  , 

4,748 

407 

8,090 

778 

9,008 

864 

2,939. 

325 

284 

547 

4,095 

97 

2,797 

152 

85 

280 

9,613 

846 

7,851 

10.8 

1,164 

Mar. 

(I)   Estimated  month-end  deposits  payable  in  Canadia 

n  currency.         (-2)  Includes  intrr-bank  deposits. 

(3)  Until  March  1935:  Gold  and 

Coin  in  Canada.  Domin  ion  Notes  and  "Fr?e"  Central  Gold  Reserve  Deposits:  after  that  date:  Bank  of  Canada  Notes  and  Deposits.            (4)    Figures  given  are  averages  of  estimated  month- 

end  Canadian  deposits  in  1926-35  and  monthly  average 

deposits  in  1936  and  after 

(5)   Bank  of  Canada 

notes  in  public  circulation  and  until  January  1950  chartered 

bank  note  circulation,  the  latter  being,  after  September  1944,  an  approximate  figure  only.            (6)    Notes  issued  for  circulation  outside  Canada  only  commencing  in 

January  1950:  liability  for  outstanding  notes  issued  for  circulation  in  Canada  transferred  to  Bank  of  Canada  during  January  1950. 

III— GENERAL  PUBLIC  HOLDINGS 

OF  CERTAIN  LIQUID 

ASSETS*t 

Currency,  Bank  Deposits  and 

Government  of  Canada  Securities 

Millions  of  Dollars 

Bank  of 

Canada 

Millions  of  Dollars 

Currency  and  Active  Bank  Deposits 

Total 

Currency 

and 

Active 

Bank 

Deposits 

(s) 
Inactive 
Chartered 
Bank 
Notice 
Deposits 

Govt,  of 
Canada 
Securities 

(»)(io) 

Total 

Related  Factors** 

Currency 
Outside  Banks 

Active  Bank  Deposits 

Govt,  of  Canada  Direct  and  Guaranteed  Funded  Debt<»> 

Bank<ls> 
Loans 
&Non- 
Govt. 
Invest- 
merits 

Bk.ofCan 
Gold  and 
Exchange 
Holdings 
(Net) 

Deduct 

All 

Other 

(.Net) 

(») 

Chartered  Banks- 

(7) 

Bank  of 
Canada 
"Other" 
Deposits 

Total 

Held  by  Bk.  of  Can.  &  Ch.  Bks. 

Held  by  Other  Investors 

Notes  <» 

Coin") 

Total 

(3) 

Demand 

Active'" 
Notice 

Other'6) 
excl. 
Govt. 

Total 

Deduct^ 
Float 

Net 
Total 

Total 

Deduct  '"> 
Govt,  of 
Canada 

Net 
Total 

Deduct 
t-      ,      Securities 
10taI     held  by  all 

Net 
Total 

of  Canada 

Deposits 

Govt.Accts 

As  at  Dec.  31 

As  at  Dec.  31 

1949 

1,110 

74 

1,184 

2,426 

682 

338 

3,446 

335 

3,111 

127 

3,238 

4,422 

3,751 

9,902 

18,075 

5,121 

181 

4,940 

10,698 

796 

9,902 

3,419 

- 

186 

1949 

1950 

1,136 

78 

1,214 

2,770 

697 

413 

3,880 

450 

3,430 

207 

3,637 

4,851 

3,861 

10,066 

18,778 

5,021 

280 

4,741 

10,913 

847 

10,066 

3,950 

226 

205 

1950 

1951 
End  of 
1951— Feb. 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

4,843 

3,894 

9,386 

18,123 

4,945 

160 

4,785 

10,395 

1,009 

9,386 

4,085 

49 

182 

1951 

1,093 

76 

1,169 

2,612 

709 

415 

3,736 

448 

3,288 

205 

3,493 

4,662    | 

t   3,909 
i     3,903 

10,072 

18,643 

4,809 

266 

4,543 

10,918 

846 

10,072 

4,022 

157 

151 

Feb.— 1951 

Mar. 

1,134 

78 

1,212 

2,487 

711 

428 

3,626 

376 

3,250 

207 

3,457 

4,669 

10,019 

18,591 

4,817 

295 

4,522 

10,864 

845 

10,019 

4,101 

106 

157 

Mar. 

Apr. 

1,120 

78 

1,198 

2,725 

709 

429 

3,863 

499 

3,364 

215 

3,579 

4,777 

3,888 

9,962 

18,627 

4,792 

161 

4,631 

10,815 

853 

9,962 

4,133 

62 

161 

Apr. 

May 

1,123 

79 

1,202 

2,692 

707 

398 

3,797 

467 

3,330 

222 

3,552 

4,754 

1     3,881 

9,899 

18,534 

4,811 

226 

4,585 

10,763 

864 

9,899 

4,159 

41 

150 

May 

June 

1,174 

81 

1,255 

2,578 

707 

385 

3,670 

395 

3,275 

220 

3,495 

4,750    i 

t   3,852 

9,805 

18,407 

4,863 

252 

4,611 

10,680 

875 

9,805 

4,133 

43 

185 

June 

July 

1,145 

80 

1,225 

2,675 

709 

396 

3,780 

468 

3,312 

213 

■  3,525 

4,750 

3,871 

9,733 

18,354 

4,896 

248 

4,648 

10,617 

884 

9,733 

4,101 

22 

150 

July 

Aug. 

1,181 

81 

1,262 

2,675 

712 

381 

3,768 

497 

3,271 

186 

3,457 

4,719 

3,872 

9,672 

18,263 

4,917 

276 

4,641 

10,575 

903 

9,672 

4,131 

- 

181 

Aug. 

Sept. 

1,193 

82 

1,275 

2,651 

715 

371 

3,737 

387 

3,350 

140 

3,490 

4,765 

3,880 

9,574 

18,219 

4,928 

213 

4,715 

10,493 

919 

9,574 

4,112 

1 

183 

Sept. 

Oct. 

1,174 

82 

1,256 

2,907 

713 

380 

4,000 

544 

3,456 

83 

3,539 

4,795 

3,862 

9,514 

18,171 

5,000 

261 

4,739 

10,446 

932 

9,514 

4,095 

1 

178 

Oct. 

Nov. 

1,212 

84 

1,296 

2,936 

712 

398 

4,046 

552 

3,494 

93 

3,587 

4,883 

3,904 

9,494 

18,280 

4,925 

130 

4,795 

10,460 

966 

9,494 

4,181 

11 

201 

Nov. 

Dec. 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

4,843 

3,894 

9,386 

18,123 

4,945 

160 

4,785 

10,395 

1,009 

9,386 

4,085 

49 

182 

Dec. 

1952— Jan. 

1,153 

82 

1,235 

2,703 

748 

412 

3,863 

456 

3,407 

55 

3,462 

4,697 

3,891 

9,357 

17,945 

4,957 

185 

4,772 

10,359 

1,002 

9,357 

3,984 

7 

175 

Jan.— 1952 

Feb. 

1,199 

83 

1,282 

2,704 

758 

451 

3,913 

517 

3,396 

52 

3,448 

4,730 

3,926 
3,978 

9,282 

17,938 

4,970 

166 

4,804 

10,284 

1,002 

9,282 

3,930 

10 

88 

Feb. 

Mar. 

1,186 

84 

1,270 

2,824 

770 

422 

4,016 

555 

3,465 

66 

3,531 

4,801 

9,216 

17,995 

5,001 

HI 

4,890 

10,221 

1,005 

9,216 

3,947 

58 

Mar. 

•fc  The  term  General  Public  refers  to  holdings  of  n 
residents;  for  an  approximate  division  between  re 
holdings  see  Table  III.  page  23. 

on-residents  as  well  as 
ident  and  non-resident 

(2)    Subsidiary  coin  iss 
chartered  banks  in 

ted  by  the  Mint  less  coin  held  by  Ban 
Canada. 

k  of  Canada 

and 

(7) 

Other  Deposits  with  the  Bank  of  Canada  as  shown  in  published  month-end                  pay  securities  have  been  valued  at  official  mid-rates  of  exchange  to 
statements-i.e.  excluding  Government  of  Canada,  chartered  bank  and                  September  30,  1950,  and  at  market  rates  thereafter. 

f  Chartered  banks'  Newfoundland  branch  statistic 
1   April  1st.  1949. 
**The  whole  of  the  increase  or  decrease  in  Canada's  fc 

s  are  included  as  from 
reign  exchange  reserves 

(3)    Chartered  banks' 

mblic  demand  deposits  in  Canada. 

foreign  currency  deposits 

(10)    Holdings  of  all  investors  other  than  Bank  of  Canada,  chartered  banks 

(4)    Chartered  banks' 
aggregate  quarterl 

public  notice  deposits  in  Canada  othe 
V  minimum  balances  in  personal  savi 

r  than  estim 
igs  accounts 

atcd 

(8) 

Estimated  aggregate  minimum  quarterly  balances  in  chartered  banks'                  and  Government  of  Canada  accounts. 

personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in         (nj    Canadian  dollar  deposits  of  the  Government  of  Canada  at  chartered 

is  embodied  in  the  related  factors  in  this  table; 

o  the  extent  that  such 

non-personal  notie 

i  deposits. 

Canada. 

banks  and  Bank  of  Canada. 

changes  do  not  appear  in  the  column  "Bank  of  Can 
Holdings  (net)"  they  affect  changes  in  "Governr 
and  Guaranteed  Funded  Debt." 
(1)    Note  Circulation  of  Bank  of  Canada  and.  prior  tc 
banks;  excluding  noteB  held  by  chartered  banks. 

ada  Gold  and  Exchange 
nent  of  Canada  Direct 

>  1950,  of  the  chartered 

(5)  Chart 
and  o 

(6)  Cheqt 
to  the 

:red   banks' 
Canadian, 
es  on  other 
Minister  of 

Canadian  d 
Jnited  King 
banks  as  sli 
Finance. 

illar  deposit 
lorn,  and  for 
wn  in  chart 

s  of  provinc 
eign  banks, 
ered  bank  m 

al  governm 
onth-end  ret 

nts, 
urns 

(9) 

Direct  and  guaranteed  securities  (including  refundable  taxes)  at  par.  Direct 
debt  includes  both  matured  and  unmatured  issues  outstanding,  exclusive 
of  sinking  fund  holdings;  guaranteed  debt  is  included  on  the  basis  of  the 
total  unmatured  issues  outstanding;  Newfoundland  debt  assumed  by 
the  Government  of  Canada  has  been  included  since  June  1949.    Foreign 

12) 
13) 

Chartered  Bank  Canadian  loans  and  holdings  of  provincial,  municipal 
and   "other"   securities  and    Bank  of  Canada   holdings   of    Industrial 
Development  Bank  Capital  Stock. 
Net  of  all  related  asset  and  liability  items  not  shown  elsewhere  in  this  Uble . 

59 


APRIL  1952 


Millions  of  Dollars 


IV— CHARTERED  BANKS 
Estimated  Quarterly  Classification  of  Loans  in  Canada! 

Department  of  Finance  and  Bank  of  Canada 


As  AT  END  OF 


1950 


Mar. 


1951 


Mar. 


June 


Sept. 


Dec. 


1.  Government  and  Other  Public  Services 

(1)  Provincial  governments 

(2)  Municipal  governments  and  school  districts 

(3)  Religious,  education,  health  and  welfare  institutions  . . . 

Total  Government  and  Other  Public  Services.... 

2.  Financial 

(1)  Investment  dealers  and  brokers  to  the  extent 

payable  on  call  or  within  thirty  days 

(2)  Trust,  loan,  mortgage,  investment  and  insurance 

companies  and  other  financial  institutions 

Total  Financial^ 

3.  Personal 

(1)  Individuals,  for  other  than  business  purposes,  on  the 

security  of  marketable  stocks  and  bonds 

(2)  Individuals,  for  other  than  business  purposes, 

not  elsewhere  classified 

Total  Personal 

4.  Agricultural,  Industrial  and  Commercial 

(1)  Farmers 

(2)  Industry: 

(a)  Chemical  and  rubber  products 

(b)  Electrical  apparatus  and  supplies 

(c)  Food,  beverages  and  tobacco 

(d)  Forest  products 

(e)  Furniture 

(f)  Iron  and  steel  products 

(g)  Mining  and  mine  products 

(h)    Petroleum  and  products 

(i)    Textiles,  leather  and  clothing 

(j)     Transportion  equipment 

(k)    Other  producers 

Total  Industry 

(3)  Public  utilities,  transportation  &  communications 

(4)  Construction  contractors 

(5)  Grain  dealers  and  exporters 

(6)  Instalment  finance  companies 

(7)  Merchandisers 

(8)  Other  business 

Total  Agricultural,  Industrial  and  Commercial 
TOTAL  LOANS  IN  CANADA 


22.1 
99.0 
26.9 

148.0 


84.3 

65.6 

149.9 

289.2 
174.8 
464.0 

159.8 

35.6 
11.0 

123.8 
88.5 
14.9 
72.1 
19.5 
14.4 

128.0 
24.7 
44.9 

577.3 

41.2 
100.3 
148.6 

93.7 
417.4 
128.1 

1,666.5 

2,428.4 


28.9- 

121.9 

40.2 

191.0 


94.4 

86.0 

180.4 


337.0 
226.2 
563.2 

230.6 

55.3 

20.3 

153.4 

116.5 

19.3 

80.8 

27.0 

29.1 

190.3 

44.2 

57.2 

793.4 

75.8 
125.6 
128.4 
143.0 
531.8 
140.3 

2,168.9 

3,103.5 


38.7 

118.1 

42.6 

199.4 


82.3 

92.3 

174.6 

293.0 
225.0 
518.0 

249.4 

54.2 

27.8 

159.6 

120.2 

16.7 

99.1 

28.8 

27.1 

203.3 

45.4 

64.5 

846.7 

63.4 

151.4 
107.0 
136.0 
560.7 
138.2 

2,252.8 

3,144.8 


24.9 

114.5 

45.9 

185.3 


107.1 

91.7 

198.8 

255.6 
211.3 
466.9 

298.9 

54.3 

41.4 

172.0 

115.7 

19.8 

97.5 

33.4 

31.0 

213.4 

46.4 

63.1 

888.0 

87.9 
151.8 

98.6 
100.8 
542.9 
133.8 

2,302.7 

3,153.7 


32.4 
88.2 
46.2 

166.8 


107.1 

86.6 

194.0 

363.4 
204.3 
567.7 

277.9 

53.5 
37.1 

197.2 

117.7 
17.8 

115.8 
34.9 
25.8 

170.1 
47.7 
56.1 

873.7 

81.5 
132.6 
177.3 

69.0 

468.0 
128.6 

2,208.6 

3,137.1 


t  The  figures  for  September  1951  have  been  published  by  the  Department  of  Finance.     Figures  for  the  other  dates  shown  above  are  partly  estimated  by  the 

Bank  of  Canada. 
(1)   Excluding  borrowings  by  instalment  finance  companies,  and  by  individuals  on  the  security  of  marketable  stocks  and  bonds. 


APRIL  1952 


60 


V— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals(i) 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1950— Nov. 

2.88 

2.84 

2.42 

2.02 

Dec. 

2.99 

2.97 

2.55 

2.17 

1951— Jan. 

3.02 

3.00 

2.63 

2.26 

Feb. 

3.02 

3.00 

2.60 

2.27 

Mar. 

3.25 

3.21 

2.89 

2.70 

Apr. 

3.24 

3.20 

2.75 

2.48 

May 

3.24 

3.18 

2.62 

2.28 

June 

3.25 

3.15 

2.62 

2.35 

July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Mar. 

3.57 

3.50 

3.00 

2.29 

Apr. 

3.55 

3.52 

3.02 

2.34 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada (2) 

U.K.<3» 

U.S.A.«> 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

2.87 

3.05 

2.32 

2.97 

3.12 

2.35 

3.01 

3.12 

2.32 

3.01 

3.26 

2.33 

3.17 

3.28 

2.48 

3.21 

3.35 

2.59 

3.20 

3.43 

2.69 

3.24 

3.55 

2.70 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

"3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

3.52 

4.29 

2.70 

3.52 

4.21 

.  2.60 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.$24 

.513 

1.380 

.626 

.519 

1.351 

.626 

.511 

1.391 

.728 

.513 

1.391 

.755 

.512 

1.402 

.755 

.511 

1.529 

.755 

.512 

1.626 

.754 

.512 

1.467 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

.943 

2.315 

1.784 

.979 

2.364 

1.650 

(1)  Payable  in  Canada  only.         (2)  Government  of  Canada  3%  due  Sept.  1,  1961-66.         (3)  United  Kingdom  3%  due  Apr.  IS,  1959-69. 
(4)  U.S.  Treasury  2\i%  due  Dec.  15,  1963-68;  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


VI— CANADIAN  GOLD  STATISTICS 


Thousands  of  Fine  Ounces 

Bar 

k  of  Canada 

SOURCES 

DISPOSITION 

Net  Release 

Net  Increase 

New 
Gold<'> 
Production 

Physical  <« 
Imports 

from  Gold 

held  in 
Safekeeping 
for  Non- 
residents 

Total 

Gold 

Available 

Physical  <3> 
Exports 

in  Gold 
held  in 
Safekeeping 
for  Non- 
residents 

Net  Increase 
or  Decrease 
in  Official 
Holdings"' 

Total 

Disposition 

of  Gold 

Calendar  Years 

1944 

2,862 

214 

231 

3,307 

1,311 

- 

1,996 

3,307 

1945 

2,503 

- 

695 

3,198 

1,505 

- 

1,693 

3,198 

1946 

2,600 

5 

12,482 

15,087 

9,834 

- 

5,253 

15,087 

1947 

2,851 

2 

5,516 

8,369 

15,524 

- 

7,155 

8,369 

1948 

3,423 

2,384 

- 

5,807 

2,505 

11 

3,291 

5,807 

1949 

3,866 

11 

530 

4,407 

1,967 

- 

2,440 

4,407 

1950 

4,283 

15,428 

- 

19,711 

980 

16,049 

2,682 

19,711 

1951 1 

4,080 

12,533 

4,124 

20,737 

633 

12,597 

7,507 

20,737 

Quarters 

1950-  I 

1,070 

- 

- 

1,070 

218 

397 

456 

1,070 

II 

1,097 

18 

- 

1,116 

367      ■ 

543 

206 

1,116 

III 

1,024 

4,382 

- 

5,406 

344 

4,107 

955 

5,406 

IV 

1,091 

11,028<*> 

- 

12,119 

51 

11,003 

1,065 

12,119 

1951-  If 

1,023 

9,220 

- 

10,243 

34 

9,338 

870 

10,243 

II 

1,161 

3,144<8> 

- 

4,305 

34 

3,258 

1,013 

4,305 

III 

957 

158"> 

96 

1,211 

153 

- 

1,058 

1,211 

ivt 

939 

11 

4,028 

4,977 

412<« 

- 

4,565 

4,977 

1952—1* 

1,150 

2 

14,172 

15,324 

14,616<9> 

- 

708 

15,324 

t      Revised.         *  Preliminary. 

(1)  Newly  mined  gold  sold  by  the  Mint  (excl.  small  sales  for  industrial  purposes) 
plus  exports  of  raw  gold  or  concentrates  direct  from  the  mines  for  refining 
abroad  plus  commercial  sales  of  gold  abroad  by  the  mines  beginning  Nov. 
1,  1951.  This  series  coincides  with  net  non-monetary  gold  exports  pub- 
lished since  1939,  except  that  beginning  Nov.  1,  1951,  it  excludes  increases 
in  commercial  gold  stocks  held  in  safekeeping  by  the  Mint  for  the  account 
of  the  mines. 

(2)  Excluding  small  amounts  of  unmanufactured  gold,  scrap  and  manufactured 
forms  which  are  shown  under  various  headings  in  the  import  returns. 

(3)  Excluding  the  gold  content  of  exports  of  jewellers'  sweepings  and  precious 
metals  scrap  which  are  shown  in  the  export  returns. 


(4)  Holdings  of  the  Exchange  Fund  Account  and  Bank  of  Canada. 

(5)  Includes  2,857  thousand  fine  ounces  of  Canadian-owned  gold  earmarked 
abroad. 

(6)  Includes  286  thousand  fine  ounces  of  Canadian-owned  gold  earmarked 
abroad. 

(7)  Includes   143  thousand   fine  ounces  of  Canadian-owned   gold  earmarked 
abroad. 

(8)  Includes  286  thousand  fine  ounces  of  Canadian-owned  gold  sold  from  ear- 
marked abroad. 

(9)  Includes  3,000  thousand  fine  ounces  of  Canadian-owned  gold  sold  from 
earmarked  abroad. 


61 


APRIL  1952 


VII— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 


.0) 


Cents  per  unit 

UVFIU1AI 

>  KATES* 

U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

Buying 

Selling 

Mid-rate 

Buying 

Selling 

Mid-rate 

1939  -  Sept.  16(2) 

1945  -  Oct.    15(2) 

1946  -  July     6(2) 
1949  -  Sept.  20(2) 

110.00 
110.00 
100.00 
110.00 

111.00 
110.50 
100.50 
110.50 

110.50 
110.25 
100.25 
110.25 

443.00 
443.00 
402.00 
307.25 

447.00 
445.00 
404.00 
308.75 

445.00 
444.00 
403.00 
308.00 

MARKET  RATES' 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 
1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1951— Apr. 

106.81 

104.94 

105.99 

299.19 

293.88 

296.74 

May 

106.94 

105.38 

106.37 

299.50 

295.13 

297.89 

June 

107.31 

106.63 

106.94 

300.50 

298.50 

299.41 

July 

106.63 

105.53 

106.05 

298.50 

295.38 

296.90 

Aug. 

105.94 

105.09 

105.56 

296.50 

294.13 

295.46 

Sept. 

105.75 

105.19 

105.56 

296.00 

294.38 

295.46 

Oct. 

105.50 

104.19 

105.08 

295.25 

291.63 

294.11 

Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

Feb. 

100.69 

100.00 

100.11 

280.00 

278.06 

278.43 

Mar. 

100.00 

98.38 

99.60 

280.19 

276.75 

278.60 

Apr. 

98.50 

97.88 

98.09 

276.88 

274.31 

275.43 

(1)  Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16,  1939. 

(2)  Dates  on  which  official  rates  were  established  or  changed. 

(3)  Commencing  Oct.  2,  1950,  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  for  transactions  between  banks  in  the  exchange  market. 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS'1 


CANADIAN  DOLLARS 


CANADIAN  DOLLARS 


J^ 

WON 

s 

THLY 

Uw 

V 

Tvj . 

IMOO 
AVER 

N            \ 

VGC  ■* 

L 

Pi 

ow *' 

K 

I  1 

1 1 

1    1 

i  ! 

\} 

In 

A  M  J   J 


S  O  H     D  J  F 


.06 


1.04 


1.02 


.00 


^.98 


Market  rate;  see  footnote  (3)  to  table  above. 


APRIL  1952 


62 


VIII— BOND  ISSUES  AND  RETIREMENTS'" 

Par  Values  in  Millions  of  Canadian  Dollars™  Bank  °f  Canada 


I-Govt.  of  Canada  Direct  & 
Guaranteed  and  Other  C.N.R.<3> 

II-Provincial  Direct  and  Guaranteed 

New  Issues 

RETIREMENTS 

Net  New 

Issues  or 

Retirements 

New 

SSUES 

RETIREMENTS 

Net  New 

Issues  or 

New 

Refunding 

Refunded 

Other 

Retirements 

Calendar  Years 
1947 

371.4 

641.5 

270.1 

150.1 (4) 

125.2 

125.2 

85.1 

65.0<4) 

1948 

1,424.8 

1,634.8 

210.0 

240.2 

103.8 

84.7 

81.2 

178.1 

1949 

820.7 

1 ,236.7 

416.1 

409.4 

54.1 

73.5 

70.9 

319.1 

1950 

2,191.7 

2,282.6 

90.9 

276.9 

132.2 

131.8 

120.9 

156.3 

1951 

591.6 

922.0 

330.4 

321.6 

90.1 

72.4 

123.5 

215.8 

Quarters 
1951  -   I 

20.2 

117.4 

97.2 

31.7 

11.2 

15.4 

53.4 

25.9 

II 

4.1 

76.3 

72.2 

121.9 

36.9 

- 

28.1 

130.6 

III 

2.3 

113.5 

111.2 

100.6 

- 

18.6 

16.6 

65.4 

IV 

565.0 

614.8 

49.8 

67.5 

42.0 

38.4 

25.4 

45.7 

1952  -  I 

14.9 

118.1 

103.2 

154.4 

12.6 

10.1 

31.3 

125.5 

IlI-CORPORATIONS 

New 

SSUES 

RETIREMENTS 

Net  New 

Issues  or 

Retirements 

New 

Refunding 

Refunded 

Other 

Calendar  Years 
1947 

267.5 

203.5 

197.7 

152.0 

121.3 

1948 

274.0 

20.6 

26.3 

67.9 

200.3 

1949 

254.9 

41.8 

41.8 

86.6 

168.3 

1950 

431.5 

55.6 

55.6 

87.0 

344.6 

1951 

369.9 

11.5 

11.5 

93.6 

276.3 

Quarters 
1951  -   I 

100.4 

.7 

.7 

21.2 

79.1 

II 

54.7 

5.5 

5.5 

16.6 

38.1 

III 

109.8 

1.5 

1.5 

21.8 

87.9 

IV 

105.1 

3.8 

3.8 

33.9 

71.2 

1952  -  I 

48.9 

- 

- 

22.6 

26.3 

I+II+III 


Net  New 

Issues  or 

Retirements 


83.8 
168.4 

71.4 
410.0 
161.7 

44.0 
96.5 
42.1 
67.0 

48.7 


IV-Govt.ofCanadaTreasuryBills, 
Deposit  Certificates  and  Short- 
Term  Notes  Sold  Directly  to  Ban  k 
of  Canada  and  Chartered  Banks 

Net  New 

Issues  or 

Retirements 

Total 

Outstanding 

at  End  of  Period 

346 

1,200 

100 

1,300 

100 
300 
100 

1,200 
1,500 
1,400 

100 

1,400 
1,400 
1,400 
1,400 

- 

1,400 

SUMMARY  OF  CHANGES  IN  CURRENCY  OF  PAYMENT(1) 

GOVERNMENT  OF  CANADA  AND  PROVINCIAL  DIRECT  AND  GUARANTEED,  OTHER  CN.R. 
„  ,    .   ,,.„.     ,  _    7.    _  „   (2)       AND  CORPORATION  BONDS 

Par  Values  in  Millions  of  Canadian  Dollars 


Net  Increase  or 

N 

ew  Issues 

Retirem 

were  payable  in: 

Net  Decrease 

In  Bonds  C 

)utstand- 
r'able: 

Canada, 

(5) 

Ins  Pa; 

Canada 
only 

New  York 
only 

Canada  & 
New  York 

London 

Total 

Canada 
only 

New  York 
only 

Canada  & 
New  York 

New  York 
&  London 

London 

Total 

In  Canada 
only 

Abroad 

Calendar  Years 

1947 

1,106.7 

5.5 

5.0 

.4 

1,117.6 

938.5 

66.5 

61.0 

104.8 

30.7 

1,201.4 

168.3 

252.1 

1948 

1,773.1 

290.0 

- 

.3 

2,063.3 

1 ,704.8 

161.2 

19.0 

5.3 

4.6 

1,894.9 

68.3 

100.1 

1949 

1,480.7 

100.0 

- 

.2 

1,580.9 

1,389.1 

8.9 

10.9 

91.5 

9.2 

1,509.5 

91.6 

20.2 

1950 

2,866.9 

221.0 

- 

- 

3,087.9 

2,416.2 

126.6 

78.9 

45.7 

10.6 

2,677.9 

450.7 

40.7 

1951 

1,106.8 

277.8 

- 

- 

1,384.7 

1,114.1 

8.2 

37.8 

61.2 

1.6 

1,222.9 

7.3 

169.0 

Quarters 

1951  -    I 

153.3 

10.9 

- 

- 

164.2 

195.0 

1.2 

5.8 

5.8 

.4 

208.2 

41.7 

2.3 

II 

101.8 

121.2 

- 

- 

223.0 

116.7 

3.1 

3.9 

2.4 

.4 

126.5 

14.9 

111.5 

III 

117.0 

97.1 

- 

- 

214.2 

95.6 

1.2 

23.4 

51.4 

.4 

172.0 

21.4 

20.8 

IV 

734.8 

48.5 

- 

- 

783.3 

706.9 

2.7 

4.7 

1.7 

.4 

716.3 

27.9 

39.1 

1952  -  I 

182.6 

36.2 

12.0 

- 

230.8 

175.1 

1.2 

1.1 

3.5 

1.3 

182.1 

7.4 

41.3 

(1) 


Subject  to  revision.      The  figures  exclude  changes  in  refundable  taxes,  provincial  treasury  bills  and  the  issues  and  retirements  of  municipalities  and  religious 

institutions.     The  changes  in  refundable  taxes  were  27,  85.  387 ,  56  and  90  millions  and  the  net  increases  in  total  municipal  bonded  debt  are  estimated  to 

have  been  31,  78,  105.  133  and  153  millions  from  1947  to  1951  respectively. 

Foreign  currencies  have  been  converted  to  Canadian  dollars  at  official  rates  of  exchange  to  Sept.  30.  1950.  and  at  market  noon  rates  thereafter.     In  the  rase 

of  optional-pay  issues  the  option  most  favourable  to  the  lender  has  been  taken. 

Excludes  issues  shown  under  Heading  IV. 

Excluding  112.2  million  of  Quebec  Hydro  debentures  issued  in  connection  with  the  retirement  of  Montreal  Light  Heat  and  Power  stock,  and  63.2  million  of 

Quebec  Municipal  Commission  bonds  issued  in  connection  with  the  transfer  of  the  debt  of  certain  school  corporations. 

Including  issues  payable  optionally  in  Canada  or  London. 


63 


APRIL  1952 


Millions  of  Dollars 


IX— GOVERNMENT  OF  CANADA:  FINANCIAL  REQUIREMENTS 

Department  of  Finance  and  Bank  of  Canada 


Fiscal  Year  Ending  March  31, — 


1946 


1947 


1948 


1949 


1950 


1951 


1952 


1953 


Budgetary  Expenditure 

Dept.  of  Defence  Production 

Dept.  of  National  Defence 

Dept.  of  Veterans  Affairs 

Other  War  and  Demobilization  Expenditure 

Mutual  Aid,  U.N.N.R.A.,  Colombo  Plan  and  other  Foreign 
Relief  and  International  Assistance 

Interest  on  Public  Debt(3) 

Cost  of  Loan  Flotations  and  Amortization  of  Discount 

Premium,  Discount  and  Exchange 

Statutory  Subsidies  and  Special  Grants  to  Provinces 

Payments  to  Provinces  under  Tax  Agreements 

Special  Government  Contribution  to  Superannuation  Account 
Other  Dept.  of  Finance 

Family  Allowance  Payments 

Old  Age  and  Blind  Pensions  Subventions  to  Provinces'8'  .  .  . 

Old  Age  Security  Fund — Deficit 

General  Health  Grants 

Other  Dept.  of  National  Health  and  Welfare 

Unemployment  Insurance — Administration 

"         — Govt.  Contributions 

Government  Annuities — Payments  to  maintain  reserve 

Other  Dept.  of  Labour 

Dept.  of  Agriculture 

Dept.  of  Mines  and  Resources 

Dept.  of  Resources  and  Development 

Dept  of  Mines  and  Technical  Surveys 

Dept.  of  Citizenship  and  Immigration 

Dept.  of  Public  Works 

Dept.  of  Transport'9' . ' 

Dept.  of  Post  Office 

Royal  Canadian  Mounted  Police 

Other  Ordinary  Expenditure 

Cdn.  Wheat  Bd. — Pay't  for  distribution  to  wheat  producers  .  . 

Other  Special  Expenditure  (mainly  re  Agriculture) 

C.N.R.  and  T.C.A.  Deficits 

Other  Government-Owned  Enterprises 

Assumption  of  Newfoundland  Debt 

Provision  for  Possible  Losses  on  Active  Assets (11) 

Other  Write-Offs  and  Charges  —  Active  Assets'11' 

Write-offs  of  Non-active  Assets  per  Contra (11) 

I— Total  Budgetary  Expenditure 

Loans  and  Investments 

1942  Loan  to  U.  K.  Government 

Other  Wartime  Loans  to  Allied  Governments 

Post-war  Loan  to  U.  K.  Government 

Other  Post-war  Loans  to  Foreign  Governments 

Advances  to  Exchange  Fund  Account 

Loans  to  Railways  and  Govt.  Corporations  for  war  purposes 

Loans  to  C.N.R.  (other  than  above) 

Soldiers  Settlement  and  Veterans  Land  Act  Loans 

Housing  Loans  incl.  Central  Mortgage  and  Housing  Corp.  .  . 
Subscriptions  to  Int'l.  Mon.  Fd.  and  Int'l  Bk.  (cash  portion) . . 

Other  Loans  and  Investments 

Deferred  Charge  re  Civil  Service  Superannuation  Fund  Acct. 

Unamortized  Debt  Discount  and  Commission 

Defence  Production  Revolving  Fund 

Other  Current  Assets  (ex.  Cash) 

II— Total  Loans  and  Investments 

Ill— Deduct  Certain  Items  Marked  (11)  Above 

TOTAL:  I  +  II -III 

Old  Age  Security  Payments  (not  included  above)  Paid 
from  O.A.S.  Taxes  per  contra'1*) 


2,140.8 
401.3 
580.5 

944.2 

409.1 
22.3 
20.6 
14.4 
98.06 

11.2 

172.6 
42.8 


7.3 

6.2 

12.5 

.3 

1.6 

10.3 
11.5 


16.3 
22.8 
57.7 
7.3 
57.7 

17.4 

1.3 

25.0 

.5 

22.6 


387.6 
001.7 
409.5 


464.4 

12.1 

9.4 

14.4 

94.4 

13.1 

245.1 
45.4 


8.6 
7.5 
15.2 
1.0 
2.0 

13.3 

18.4 


26.4 
32.9 
64.2 
8.6 
67.0 

31.9 
9.0 
1.7 

25.0 
3.1 
1.3 


196.0 
334.7 
183.7 

39.3 

455.5 
10.9 

33.4* 

122.5 

15.2 

263.2 
59.1 


10.8 

17,6 

17.5 

.3 

2.3 

16.3 

23.6 


35.6 
45.8 
67.9 
12.0 
66.9 

63.1 

17.3 

1.4 

75.0 
6.6 
2.1 


268.8 

270.2 

83.2 

6.1 

465.1 

9.7 

.1 

17.1 

84.4 

19.0 

270.9 
66.8 

7.5 
14.4 
19.0 
20.1 
11.4 

4.7 

20.4 
46.3 


50.6 
60.0 
77.6 
13.7 
110.4 

34.8 

36.4 

3.3 

75.0 
6.6 

2.2 


384.9 

228.3 

45.3 

7.0 

439.8 
10.5 
19.7* 
19.2 
84.8 

22.4 

297.5 
93.2 

15.7 
16.9 
24.0 
21.1 
1.3 
6.2 

25.3 

25.0 
22.2 
17.7 
67.1 
74.1 
82.6 
16.0 
124.9 

37.9 
46.4 
6.0 
62.3 
75.0 
28.2 


782.5 
209.3 

(2) 

11.5 

425.2 
13.3 

18.7 

105.2 

75.0 

26.4 

309.5 
103.2 

18.9 
17.3 
26.8 
26.1 

.7 
8.8 

49 .8; 

31.2 

17.5 

20.7 

73.6 

77.9 

91.8 

19.8 

135.5 

65.0 

49.5 

4.6 

3.9 

75.0 
7.1 


(Pre- 
liminary) 

39.8 

1,401.0 

208.4 

(2) 

25.6 

430.7 
10.7 

20.0 

107.1 

98.0 

42.4 

320.5 
83.5 
55.0 
24.9 
21.2 
24.1 
30.1 
1.0 
9.6 

55.  I2 

34.6 
27.5 
23.4 
76.7 
83.9 
98.1 
27.5 
154.4 

11.8 

15.0 

3.1 

75.0 
7.6 


(Budget 

Estimates) 

98.2 

2,001.7 
228.3 

(2) 

25.4 

424.3 
10.8 

20.1 

162.27 
• 

37.9 

332.2 
23.0 
87.0 
27.5 
29.2 
25.4 
32.0 

10.5 
45.52 

40.1 

31.0 

28.7 

107.4 

101.310 

105.4 

33.3 

162.4 

15.4 

• 

4.5 


5,136.2 


2,634.2 


2,195.6 


2,175.9 


2,448.6 


2,901.2 


3,647.4 


4,270.0* 


63.9 
473.4 

207.3 
700.0 
42.6 
37.0 
18.7 
10.3 

5.5 

5.8 

2.7 


95.8 

39.6 

640.0 

137.9 

680.0 

104.9 

23.2 

55.6 

113.1 
1.0 

10.6 

41.0 


111.3 

.9 

368.0 

130.9 

220.0 

2.3 

85.0 

39.6 

22.5 

4.9 

9.3 

5.6 


29.5 

.4 

37.0 

70.6 

450.0 

5.0 

7.4 

22.9 

68.0 

2.9 

6.9 

3.5 


9.9 

.1 

120.0 

5.3 

150.0 

7.5 

17.7 

18.8 

91.5 

16.8 

22.8 

3.2 

17.0 


40.6 

.3 

20.0 

23.1 

475.0 

4.2 

23.2 

14.6 

79.4 

1.7 

2.5 

18.7 


31.1 

14.0 

14.4 

200.0 

.2 

141.9 

9.4 

69.6 

7.8 

.3 

214.0 

5.7 

95.0 

12.7 


125.0 
90.0 

40.0 


396.4 

48.2 


78.9 

8.1 


291.7 

83.7 


607.7 

83.8 


359.5 

103.2 


525.1 

82.1 


685.7 

82.6 


5,484.4 


2,705.0 


2,403.6 


2,699.8 


2,704.9 


3,344.3 


4,250.5 


21.0 


235.0 


APRIL  1952 


64 


Millions  of  Dollars 


IX— GOVERNMENT  OF  CANADA:  SOURCES  OF  FINANCING 

Department  of  Finance  and  Bank  of  Canada 


Fiscal  Year  Ending  March  31,  — 


Budgetary  Revenue 

Personal  Income  Tax  (ex.  Refundable  Portion) 

Income  Tax  on  Corporations 

Excess  Profits  Tax  (ex.  Refundable  Portion) 

Withholding  Tax  on  Dividends,  Interest,  etc.. .' 

Succession  Duties 

Excise  on  Liquor 

Excise  on  Tobacco 

Sundry  Excise  and  Other  Taxes 

Customs  Import  Duties 

Excise  Tax  on  Imports 

War  Exchange  Tax 

Sales  Tax 

Post  Office  Department 

Return  on  Investments 

Premium,  Discount  and  Exchange 

Other  Ordinary  Revenue 

Sub-Total 

Write-offs  of  Non-active  Assets  per  Contra(11) 

Other  Special  Receipts  and  Credits*1'" 

I— Total  Budgetary  Revenue 

Open  Account  and  Foreign  Debt  Items 

Government  Annuities 

Deferred  Charge  re  Civil  Service  Superannuation  Fund  Account 

Insurance  and  Superannuation  Funds 

Interest  Due  and  Outstanding  and  Outstanding  Cheques 

Defence  Equipment  Replacement  Account 

Other  Open  Account  Items 

Increase  or  Decrease  in  Funded  Debt  Payable  in  N.Y.  (net)(I6) 

Increase  or  Decrease  in  U.S.  Dollar  Cash  Balances'16' 

Increase  or  Decrease  in  Funded  Debt  Payable  in  London (16) 
Increase  or  Decrease  in  Sterling  Cash  Balances'16' 

II — Total  Open  Account  and  foreign  Debt  Items  . . 

Domestic  Debt  Items 

Refundable  Portion  of  Personal  Income  Tax  (net) 

Refundable  Portion  of  Excess  Profits  Tax  (net) 

Treasury  Bills  (net) 

Deposit  Certificates  (net) 

Treasury  Notes  (net) 

Other  Funded  Debt  Payable  in  Canada  only  (net) 

Increase  or  Decrease  in  Securities  Investment  Account 

Increase  or  Decrease  in  Canadian  Dollar  Cash  Balances. . .  . 

Ill— Total  Increase  or  Decrease  in  Domestic  Debt. 

IV — Deduct  Item  Marked  <n>  Above 

TOTAL:  I+II+III-IV 

Old  Age  Security  Taxes  (not  included  above) 

2%  Sales  Tax 

2%  Individual  Income  Tax 

2%  Corporation  Income  Tax 

Total  Old  Age  Security  Taxes 


3,013.2 


1946 


686.6 

217.8 

426.7 

28.3 

21.4 

92.0 
171.7 
174.7 

128.9 

.8 

41.2 

212.2 

68.6 
70.9 

21.3 


2,363.2 

22.6 

627.4 


3,007.9 


44.0 

6.8 
12.4 

27.3 

147.9 

27.0 

.3 

31.2 


115.9 


4.0 

67.5 

70.0 

260.0 

256.0 

2,838.0 

184.4 

550.1 


2,609.8 


22.6 


5,484.4 


1947 


670.5 

238.8 

442.5 

30.1 

23.6 

98.1 
183.6 
203.3 

237.4 

1.2 

.3 

298.2 

73.0 
69.4 

18.5 


2,588.5 

1.3 
418.0 


2,871.7 


69.7 

8.5 
5.7 

159.9 
38.0 

102.2 

.4 

26.6 


3.0 


21.5 
6.2 

460.0 
294.0 

93.7 
124.8 

52.3 


304.5 


1.3 


2,705.0 


1948        1949 


659.8 

364.1 

227.0 

35.9 

30.8 

98.0 
176.1 
192.8 

293.0 
2.1 

372.3 

77.8 

75.8 

3.7 

20.5 


2,629.8 

2.1 
239.8 


72.4 

18.6 
15.6 

41.3 

46.5 

9.7 

2.5 

1.1 


120.1 


60.5 
23.7 

180.0 
200.0 
547.6 
410.0 
435.7 


586.1 


2.1 


2,403.6 


762.6 

492.0 

44.8 

43.4 

25.6 

101.0 
190.4 
175.8 

223.0 
.3 

377.3 

80.6 
107.9 

24.5 


2,649.1 

2.2 
120.1 


2,771.4 


72.2 

32.6 
7.9 

34.4 
99.1 

8.4 
.2 

2.9 


224.8 


223.6 
64.0 

100.0 

81.8 

222.4 

47.2 


294.2 


2.2 


2,699.8 


1950 


622.0 

603.2 

1.8 

47.5 

29.9 

108.0 

205.4 

79.6 

225.9 


403.4 

84.5 
91.5 

29.6 


2,528.7 

51.4 


2,580.1 


61.4 

31.4 
6.7 

44.1 
139.7 

7.1 
44.2 

1.7 


308.6 


54.8 


518.8 

436.9 

47.3 


183.9 


2,704.9 


1951 


652.3 

799.2 

10.1 

61.6 

33.6 

129.2 
207.0 
136.4 

295.7 


460.1 

90.5 
89.5 
17. 6  u 
35.8 


3,018.7 

93.8 


3,965.9 

37.2 


3,112.5 


4,003.1 


57.2 

111.2 

13.0 

175.5 

21.7 

66.2 

9.5 

11.1 

.2 


285.0 


91.3 

100.0 

106.6 

.1 

44.7 


53.3 


3,344.3 


1952 


(Prelim- 
inary) 

980.0 

1,134.0 

2.2 

55.5 

38.0 

122.7 
212.0 
208.6 

353.0 


583.0 

105.0 

117.5 

12.0 

42.4 


4,254.0 

|    25.0 


57.2 

214.0 

162.3 

85.2 

22.8 

31.6 

23.3 

4.6 

6.0 

1.5 


546.9 


24.4 


289.4 
49.6 
63.9 


299.5 


4,250.5 


19.0 
2.0 


21.0 


1953 


(Budget 
Estimates) 

1,200.0 
1,270.0 

60.0 
43.0 


■  497.0 


370.0 


539.0 


275.0 


4,279.0 


135.0 
52.0 
48.0 


235.0 


Includes  Air  Training  Advance  write-off  of  425. 0. 

Beginning  in  the  fiscal  year  ending  Mar.  31,  1951,  "other  war  and  de- 
mobilization expenditure"  is  included  in  ordinary  expenditure  (largely  in 
Dept.  of  Agriculture). 

Revenue  item  "Return  on  Investments"  could  be  considered  an  offset  to  this. 
Includes  balance  sheet  adjustments  arising  out  of  revaluation  of  currencies 
in  Sept.  1949. 

Includes  16.1  paid  to  Alta.  and  Sask.  re  natural  resources  agreements. 
Includes  9.4  paid  to  Alberta  re  debt  refunding  plan. 

Includes  150.0  for  projected  1952  Agreements,  not  included  in  the  main 
estimates.     (See  also  footnote  it.) 

(8)  From  Jan.  1,  1952,  amounts  exclude  old  age  security  payments  but  include 
old  age  assistance  payments. 

(9)  Includes  capital  expenditure. 

(10)  4.5  of  departmental  total  of  105.8  is  shown  under  "other  government- 
owned  enterprises". 

(11)  Provision  for  reserves  and  write-offs  of  assets  has  been  eliminated  from 
"Financial  Requirements",  as  the  corresponding  increases  in  the  liability 
items  and  decreases  in  the  asset  items  have  not  been  shown.  "Write-offs 
of  non-active  assets  per  .contra"  have  been  deducted  from  both  "Financial 


(1) 
(2) 


(3) 
(4) 

(S) 
(6) 
(7) 


Requirements"  and  "Sources  of  Financing". 

(12)  Total  Old  Age  Security  payments  consist  of  these  expenditures  plus 
those  from  the  Old  Age  Security  Fund  deficit  shown  above. 

(13)  Includes  balance  sheet  adjustments  arising  out  of  the  freeing  of  the 
Canadian  dollar  on  Oct.  1,  1950. 

(14)  Including  sales  of  surplus  war  assets  and  refunds  of  previous  years'  war 
and  demobilization  expenditures. 

(15)  Changes  in  balance  sheet  items  as  given  in  the  Public  Accounts.  Sterling 
debt  and  balances  are  valued  at  $4.86  2/3  up  to  the  end  of  Mar.  1947.  at 
$4.03  until  Sept.  1949,  at  $3.08  until  Sept.  1950,  at  $2.94  at  Mar.  31,  1951, 
and  at  $2.80  at  Mar.  31,  1952.  U.S.  dollar  debt  and  balances  are  valued 
at  $1.00  until  Sept.  1949,  at  $1.10  until  Sept.  1950,  at  $1.05  at  Mar.  31, 
1951,  and  at  $1.00  at  Mar.  31.  1952. 

■*•  In  arriving  at  his  estimated  "Total  Budgeting  Expenditure"  of  4,270,  the 
Minister  of  Finance  made  allowance  for  expenditure  under  the  omitted 
items  marked  with  a  -k  and  for  grants  to  universities  and  the  subsidy  on 
the  movement  of  feed  grains.  He  also  provided  for  some  lapsing  of 
appropriations  under  certain  of  the  items  shown.  The  resulting  net  ex- 
penditure included  in  the  total  of  4,270,  but  not  shown  in  the  detailed 
figures,  was  19.2.     (See  also  footnote  7.) 


65 


APRIL  1952 


GOVERNMENT  OF  CANADA 
DISTRIBUTION    OF   TOTAL   TAX   COLLECTIONS! 


MILLIONS  OF  DOLLARS 

40001 


3000 


2000 


riSCAL  YEARS   ENDING   MARCH  31 


TOTAL   TAX  COLLECTIONS 


3000 


MILLIONS  OF  DOLLARS 


4000 


2000 


1939     1940     1941     1942     1943     1944    1945    1946     1947     1948     1949     1950 

t     Excluding  the  yield  of  the  Old  Age  Security  taxes,  namely  $21mm.  in  1952  and  an  estimated  $235mm.  in  1953. 
(1)    Excluding  refundable  portion.         f  Preliminary.         *  Budget  estimates. 


1951 


I952t         1953" 


MILLIONS  OF  DOLLARS 


BUDGETARY    EXPENDITURES    BY   CLASSES 

FISCAL   YEARS  ENDING   MARCH  31 


MILLIONS  OF   DOLLARS 


5000 


4000 


3000 


2000 


5000 


4000 


3000 


2000 


1000 


I9531 


(1)    Including  the  amounts  by  which  Old  Age  Security  payments  exceed  the  yield  of  the  Old  Age  Security  taxes,  namely  $55mm.  in  1952  and 
$87  mm.  in  1953.         t  Preliminary.         *  Budget  estimates. 


APRIL  1952 


66 


X— BUSINESS  ACTIVITY 

Dominion  Bureau  of  Statistics 


Production 

Res- 

Value 
of 

Employ- 

Aggregate 

idential 
Con- 

Car 

ment 
Index 

Payrolls 

Index 

News- 

Central 

struction 

Loadings 

Department 

(4) 

(4) 

Gold 

Nickel 

Steel 

print 
<i) 

Electric 
Stations (2) 

Contracts 
Awarded (s) 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions 

Millions 

Fine  Ounces 

Short  Tons 

Short  Tons 

Short  Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939  =  100 

1939  =  100 

AnnualTotals(5) 

1932 

3,044 

15 

380 

2,186 

12,296 

29 

2,180 

254 

(6) 

(6) 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

(6) 

(6) 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

873 

168.0 

321.8 

1951 

4,364 

137 

3,567 

5,516 

51,916 

437 

4,183 

902 

180.1 

381.3 

12-mths.  ending 

Mar.  1952 

4,350* 

140 

3,624 

5,570 

53,152 

432 

4,202 

898 

181.5 

394.3 

Monthly 
1951— Feb. 

347.1 

9.6 

281.4 

425.1 

3,984 

25.0 

294 

58.3 

172.3 

351.5 

Mar. 

372.4 

11.6 

314.8 

473.0 

4,397 

32.0 

336 

72.6 

172.3 

353.8 

Apr. 

363.1 

10.5 

312.0 

447.6 

4,229 

49.8 

337 

75.1 

173.3 

357.8 

May 

369.4 

12.4 

313.3 

485.7 

4,409 

52.0 

380 

76.6 

175.6 

367.9 

June 

362.6 

11.8 

293.5 

464.3 

4,243 

50.3 

370 

69.5 

180.3 

379.0 

July 

344.4 

11.8 

274.6 

452.5 

4,206 

43.8 

350 

54.5 

183.6 

392.5 

Aug. 

345.1 

12.2 

286.8 

484.6 

4,317 

35.2 

363 

61.5 

184.3 

394.0 

Sept. 

359.0 

11.6 

268.2 

431.1 

4,149 

30.0 

350 

72.4 

185.1 

400.2 

Oct. 

378.4 

11.7 

309.4 

492.5 

4,512 

29.2 

390 

81.3 

186.5 

410.0 

Nov. 

372.4 

11.5 

307.1 

471.7 

4,473 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

376.0 

11.3 

296.5 

435.3 

4,626 

26.9 

315 

119.8 

186.6 

416.7 

1952— Jan. 

354.6 

11.8 

317.0 

470.5 

4,784 

20.0 

333 

55.2 

181.0 

388.6 

Feb. 

352.7 

10.7 

305.9 

457.8 

4,500 

17.8 

316 

60.2 

177.8 

402.9 

Mar. 

12.3 

339.4 

476.5 

4,702 

30.2 

331 

70.2 

177.7 

408.4 

(1)    Source;  Newsprint  Association  of  Canada.    Includes  Newfoundland.  (2)  Total  output  less  exports  and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.  (3)   Source;  McLean  Building  Reports,  Ltd.  (4)  9  Leading  industries.       First  of  month  figures.  (5)  Average  of 

months  in  case  of  Employment  and  Payrolls  Indexes.  (6)  Not  available.  *  12-months  ending  Feb.  19S2. 


Millions  of  Canadian  Dollars 


XI— FOREIGN  INVESTMENT  IN  CANADA" 

Compiled  from  "The  Canadian  Balance  of  International  Payments,  1951" 
Dominion  Bureau  of  Statistics 


1926 


1930 


1939 


1945 


1946 


1947 


1948 


1949 


1950 


1951* 


NON-RESIDENT   INVESTMENT  IN  CANADA 


Held  in  United  States.  .  . 
Held  in  United  Kingdom 
Held  in  Other  Countries. 

Total 


3,196 

2,636 

170 

4,660 

2,766 

188 

4,151 

2,476 
286 

4,990 

1,750 

352 

5,157 

1,668 

353 

5,200 

1,631 

343 

5,566 

1,593 

332 

5,905 

1,694 

340 

6,565 

1,723 

358 

6,003 

7,614 

6,913 

7,092 

7,178 

7,174 

7,491 

7,939 

8,646 

7,235 

1,772 

417 

9,424 


UNITED   STATES   DIRECT   INVESTMENT  IN   CANADA'2) 


Manufacturing: 

Vegetable  Products 

Animal  Products 

Textiles 

Wood  and  Paper  Products.  . 

Iron  and  Products 

Non-ferrous  Metals 

Non-metallic  Minerals'3'. . .  . 
Chemicals  and  Products 
Miscellaneous  Manufactures 

Manufacturing — Total 

Mining  and  Smelting (3) 

Utilities 

Merchandising 

Financial 

Miscellaneous 

.   Total  All  Companies .  .  . 


69 

94 

96 

140 

146 

155 

179 

182 

193 

18 

38 

47 

44 

42 

46 

49 

55 

58 

18 

20 

20 

28 

29 

32 

35 

38 

42 

256 

334 

281 

316 

350 

383 

427 

441 

446 

180 

199 

188 

272 

283 

312 

346 

378 

420 

83 

113 

130 

203 

208 

225 

250 

270 

315 

109 

126 

112 

133 

138 

152 

229 

279 

312 

60 

86 

88 

118 

134 

147 

167 

185 

194 

25 

31 

22 

31 

36 

41 

47 

52 

53 

818 

1,041 

984 

1,285 

1,366 

1,493 

1,729 

1,880 

2,033 

141 

210 

198 

255 

245 

254 

275 

331 

450 

249 

423 

399 

359 

366 

345 

347 

375 

389 

89 

122 

119 

153 

165 

175 

183 

199 

219 

58 

136 

126 

198 

232 

222 

208 

241 

267 

48 

61 

55 

54 

54 

59 

65 

69 

84 

1,403 

1,993 

1,881 

2,304 

2,428 

2,548 

2,807 

3,095 

3,442 

(1)  Includes  Newfoundland  commencing  in  1949.         *  Subject  to  revision.         United  States  direct  investment  in  Canada  is  not  available. 

(2)  Value  of  United  States  direct  investments  in  Canadian  business  including  branches,  subsidiaries  and  controlled  companies. 

(3)  Investments  in  exploration  and  development  of  petroleum  by  companies  engaged  principally  in  refining  and  production  of  petroleum  products  are  included 
in  the  Non-metallic  Minerals  item  of  Manufacturing. 


67 


Millions  of  Canadian  Dollars 


APRIL  1952 


CURRENT  ACCOUNT 


All  Countries 

Merchandise  trade  (adjusted) 

Mutual  aid  to  NATO  countries'". . .  . 
Gold  production  available  for  export. 

Travel  expenditures 

Interest  and  dividends 

Freight  and  shipping 

Inheritances  and  migrants'  funds 

Other  current  transactions ( 


Total  Current  Account  . 

United  States 

Merchandise  trade  (adjusted) 

Gold  production  available  for  export.  . 

Travel  expenditures 

Interest  and  dividends 

Freight  and  shipping 

Inheritances  and  migrants'  funds 

Other  current  transactions 


Total  Current  Account  . 


United  Kingdom 

Merchandise  trade  (adjusted).  .  .  . 

Travel  expenditures 

Interest  and  dividends. . ; 

Freight  and  shipping 

Inheritances  and  migrants'  funds. 
Other  current  transactions 


Total  Current  Account  . 


Other  Sterling  Area 

Merchandise  trade  (adjusted).  .  . . 

Travel  expenditures 

Interest  and  dividends 

Freight  and  shipping 

Inheritances  and  migrants'  funds. 
Other  current  transactions 


Total  Current  Account  . 


Total  Sterling  Area 

Merchandise  trade  (adjusted). 
All  other  current  transactions. 


Total  Current  Account  . 

Other  O.E.E.C.  Countries'2' 

Merchandise  trade  (adjusted) 

Travel  expenditures 

Interest  and  dividends 

Freight  and  shipping 

Inheritances  and  migrants'  funds 

Other  current  transactions 


Total  Current  Account  . 

All  Other  Countries 

Merchandise  trade  (adjusted) 

Travel  expenditures 

Interest  and  dividends 

Freight  and  shipping 

Inheritances  and  migrants'  funds.  '..'.'. 
Other  current  transactions 


Total  Current  Account  . 


APRIL  1952 


XII— CANADIAN  BALANCE  OF  INTERNATIONAL  PAYMENTS  :  1950  AND  1951* 

Compiled  from  "The  Canadian  Balance  of  Internal  nal  Payments,  1951",  Dominion  Bureau  of  Statistics 


Receipts 


3,139 
57 

163 

275 
91 

284 
58 

233 


4,300 


2,046 
163 
260 
50 
157 
31 
168 


Payments 


2,875 


469 

7 

6 

61 

13 

39 


595 


201 
3 
8 
18 
1 
3 


234 


670 
159 


829 


200 
4 
14 
24 
11 
12 


265 


223 

1 

13 

24 

2 

11 


274 


*    Preliminary 

(1>  h!,?™!  *id,l°  ^T°  c?'Intrics  is  deluded  in  the  statement  for  all  countries 
AUaS  W  ""'"^l.  statements.  It  consists  of  contributions  to  North 
Atlantic  Treaty  countries  of  equipment  and  supplies  and  the  orovhinn  „f 
a.r  training  by  the  Canadian  Government.     The  entries  underP"Receh?tsR! 


3,129 
57 

226 
474 
301 
58 
384 


Balance 


4,629 


2,093 

193 

410 

240 

44 

298 


3,278 


399 
19 
55 
36 
10 
48 


567 


244 
5 

3 
1 
4 


257 


643 
181 


156 


280 
1 
2 
8 
1 
22 


314 


163 
49 

383 
17 

151 
329 


47 
163 

67 
360 

83 

13 
130 


403 


70 
12 
49 
25 
3 
9 


28 

8 
15 

1 
23 


87 
4 
7 

10 


109 


40 


1951* 


Receipts 


3,9.50 
165 
150 
271 
115 
337 
77 
276 


5,341 


2,326 
150 
255 
57 
164 
32 
213 


3,197 

636 

8 

30 

88 

14 
47 


823 


264 
3 
4 
17 
3 
3 


294 


900 
217 


1,117 


366 

4 

14 

37 

22 

5 


448 


358 

1 

10 

31 


414 


Payments 


4,103 
165 

280 
447 
347 
67 
456 

5,865 


2.848 

246 
378 
276 
52 
352 


4,152 


323 


727 
199 


926 

173 


355 
1 
2 
7 
1 
28 


394 


Balance 


153 

150 
9 

332 
10 
10 

180 


524 


522 
150 
9 
321 
112 
20 
139 


955 


417 

219 

20 

12 

59 

29 

43 

45 

10 

4 

54 

7 

603 

220 

310 

46 

5 

2 

- 

4 

3 

14 

1 

2 

4 

1 

173 
18 


191 


193 

4 

6 

19 

19 

13 


220 


24 
5 


20 


covering  exports  of  goods  and  services  are  offset  by  entries  of  corresponding 

size  under  ■Payments"  representing  the  cost  to  the  Government  of  Canada. 

(2)    "Other  O.E.E.C.  Countries"  include  all  the  countries  participating  in  the 

Organization   for  European   Economic   Co-operation  which  are  not  also 


CAPITAL  ACCOUNT 


All  Countries 

Net  non-resident  direct  investment  in  Canada'31 

Net  Canadian  direct  investment  abroad'3' ' 

Loans  by  and  Repayments  to  Government  of  Canada 
New  Issues  and  Retirements  of  Canadian  securities. 

Net  Sales  of  outstanding  securities 

Change  in  Canadian  dollar  balances  owned  by 

non-residents'4' 

Other  capital  transactions,  net"' ..'..'.'. 


Sub-Total 

Increase  in  official  holdings  of  gold  and  U.S.  dollars! 

Net  Capital  Movement 


United  States'8' 

Net  non-resident  direct  investment  in  Canada 

Net  Canadian  direct  investment  abroad \ 

New  Issues  and  Retirements  of  Canadian  securities. 
Use  for  retirement  of  Government  securities  of 

funds  set  aside  in  1949 

Net  Sales  of  outstanding  securities 

Change  in  Canadian  dollar  balances  owned  by 

non-residents 

Other  capital  transactions,  net 


Sub-Total 

Balance  settled  by  exchange  transfers . 


Total  Financing  of  Current  Account  Balance.  . . 

United  Kingdom  and  Other  Sterling  Area 

Net  non-resident  direct  investment  in  Canada 

Net  Canadian  direct  investment  abroad 

Loans  by  and  Repayments  to  Government  of  Canada . 
New  Issues  and  Retirements  of  Canadian  securities .  . . 

Net  Purchases  of  outstanding  securities 

Change  in  Canadian  dollar  balances  owned  by 

non-residents     

Other  capital  transactions,  net 


Sub-Total 

Balance  settled  by  exchange  transfers 

Total  Financing  of  Current  Account  Balance. 

Other  O.E.E.C.  Countries'2' 

Net  non-resident  direct  investment  in  Canada 

Net  Canadian  direct  investment  abroad 

Loan  Repayments  to  Government  of  Canada 

Retirements  of  Canadian  securities 

Net  Sales  and  Purchases  of  outstanding  securities. . . 
Change  in  Canadian  dollar  balances  owned  by 

non-residents 

Other  capital  transactions,  net 


1950 


Receipts 


74 
210 


210 


Payments 


50 
283 


51 


Sub-Total 

Balance  settled  by  exchange  transfers 

Total  Financing  of  Current  Account  Balance. 

All  Other  Countries'" 

Net  non-resident  direct  investment  in  Canada 

Net  Canadian  direct  investment  abroad 

Loan  Repayments  to  Government  of  Canada 

Net  Sales  and  Purchases  of  outstanding  securities. . . 
Change  in  Canadian  dollar  balances  owned  by 

non-residents 

Other  capital  transactions,  net 


Sub-Total 

Balance  settled  by  exchange  transfers. 


Total  Financing  of  Current  Account  Balance. 


68 


Millions  of  Canadian  Dollars 


Balance 


221 
36 
24 
73 

396 

230 
189 


1,023 


199 
41 
53 

18 
428 

91 
236 


960 

557 


403 


19 

4 

1 

18 

34 

116 
71 


1951* 


Receipts 


1 
2 
16 
2 
4 

21 
1 


29 

138 


25 
15 


Payments 


184 


404 


48 
7 


24 


17 


members  of  the  sterling  area,  namely,  Austria,  Belgium,  Luxembourg, 
Denmark,  France,  West  Germany,  Greece,  Italy,  Netherlands,  Norway, 
Portugal,  Sweden,  Switzerland  and  Turkey,  and  their  overseas  territories. 
(3)    Excluding  undistributed  profits. 


(4)     Including  changes  in  other  short-term  liabilities  of  official  and  banking 
institutions.     (5)    Including  errors  and  omissions. 

(6)  Including  some  capital  transactions  on  account  of  "All  Other  Countries". 

(7)  Including  transactions  with  the  International  Monetary  Fund  and  Inter- 
national Bank  for  Reconstruction  and  Development. 


69 


APRIL  1952 


CANADA 

Dominion  Bureau  of  Statistics 


XIII— WHOLESALE  PRICES 

U.S.A. 

Bureau  of  Labour  Statistics 


U.K. 

Bd.  Trade 


Aver,  of  Mths. 

1926 
1939 
1947 
1948 
1949 
1950 
1951 
Monthly 
1951— Jan. 

Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1952— Jan. 
Feb. 
Mar. 


Farm  Products(1) 


Fieldf 


Animal 


Totalf 


Raw  and 
Partly 
Manu- 
factured 


Fully  & 
Chiefly 
Manu- 
factured 


Index  1935  —  39  =  100 


158.5 
83.7 
184.1 
200.6 
191.9 
191.9 
193.4 

191.1 

195.5 

198.8 

199.2 

194.6 

192.0 

195.4 

178.31 

181.7 

188.1 

201.4 

204.4 

208.0 
205.1 
213.3 


130.2 
101.5 
200.2 
263.7 
265.4 
281.4 
336.9 

310.7 
329.6 
347.1 
331.6 
336.1 
353.1 
358.9 
348.3 
339.2 
330.3 
328.5 
328.9 

318.2 
297.3 
283.3 


Total 


144.4 

129.1 

133.0 

92.6 

94.9 

101.9 

192.2 

164.3 

162.4 

232.1 

196.3 

192.4 

228.7 

197.1 

199.2 

236.7 

212.8 

211.0 

265.1 

237.9 

242.4 

250.9 

231.2 

233.9 

262.5 

237.1 

240.1 

272.9 

239.4 

244.0 

265.4 

239.2 

244.8 

265.3 

239.3 

244.3 

272.6 

244.0 

243.6 

277.1 

242.5 

245.6 

263.3f 

237.1 

245.0 

260.5 

235.7 

243.7 

259.3 

236.3 

242.7 

264.9 

237.1 

241.5 

266.7 

236.0 

239.8 

263.1 

233.3 

239.7 

251.2 

227.8 

236.2 

248.3 

225.5 

234.6 

130.3 
99.2 
163.3 
193.4 
198.3 
211.2 
240.2 

232.5 
238.6 
241.9 
242.4 
241.9 
243.0 
243.7 
241.4 
240.0 
239.6 
239.1 
237.7 

236.8 
232.6 
230.8 


Farm 
Products 


Pro- 
cessed 
Foods 


All  Other 

Com- 
modities 


Total 


Index  1947  —  49  =  100 


100.0 

107.3 

92.8 

97.5 

113.4 

112.3 
117.2 
117.8 
117.5 
115.7 
113.9 
111.1 
110.4 
109.9 
111.5 
112.0 
111.3 

110.0 
107.8 
108.3 


* 

71.5 

* 

58.1 

98.2 

95.3 

106.1 

103.4 

95.7 

101.3 

99.8 

105.0 

111.4 

115.9 

110.2 

116.6 

112.9 

117.2 

112.0 

117.3 

111.8 

117.1 

112.3 

116.8 

111.3 

116.2 

110.7 

115.7 

111.2 

114.9 

110.9 

114.8 

111.6 

114.6 

111.0 

114.5 

110.7 

114.6 

110.1 

114.3 

109.5 

114.2 

109.2 

113.9 

65.0 

50.1 

96.4 

104.4 

99.2 

103.1 

114.8 

115.0 
116.5 
116.5 
116.3 
115.9 
115.1 
114.2 
113.7 
113.4 
113.7 
113.6 
113.5 

113.0 
112.5 
112.3 


Total 


(2) 


124.2 
95.7 
184.1 
199.4 
189.4 
196.9 
219.3 

219.7 
222.5 
222.5 
222.1 
221.4 
219.8 
218.1 
217.2 
216.6 
217.2 
217.0 
216.8 

215.8 
214.9 
214.5 


Total 


(3) 


124.8 
103.5 
193.2 
220.9 
231.6 
264.2 
321.8 

302.1 
307.8 
315.8 
321.0 
322.0 
323.2 
322.2 
325.9 
327.5 
331.1 
330.9 
332.5 

337.3 
331.7 
335.4 


(1)  An  independent  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index".  Prices  include  subsidies.  (2)  Adjusted  to 
1935-39=100  from  base  1947-49  =  100.  (3)  Adjusted  to  1935-39=100  from  base  1913  =  100  in  1926  and  from  base  1930=100  thereafter.  f  Participation 
payments  are  included  from  Jan.  to  July  1951  and  initial  payments  only,  where  applicable,  thereafter.      *  Not  available. 


Index  1935-39  =  100 


XIV— COST  OF  LIVING* 

Dominion  Bureau  of  Statistics 


Food 

Fuel  and 
Lighting 

Clothing 

Rent 

Home 
Furnishings 
and  Services 

Miscellaneous 

Total 
Index 

Weighting 

31 

6 

12 

19 

9 

23 

100 

Average  of  Months 

1932 

85.7 

106.8 

100.6 

109.7 

100.4 

99.0 

1937 

103.2 

98.9 

101.4 

99.7 

101.5 

100.1 

101.2 

1946 

140.4 

107.4 

126.3 

112.7 

124.5 

112.6 

123.6 

1947 

159.5 

115.9 

143.9 

116.7 

141.6 

117.0 

135.5 

1948 

195.5 

124.8 

174.4 

120.7 

162.6 

123.4 

155.0 

1949 

203.0 

131.1 

183.1 

123.0 

167.6 

128.8 

160.8 

1950 

210.9 

138.3 

182.3 

132.9 

169.2 

132.6 

166.5 

1951 

241.1 

147.1 

203.1 

140.0 

194.4 

141.3 

184.5 

First  of  Month 

1950— Nov. 

218.6 

140.6 

184.5 

136.4 

174.8 

133.4 

170.7 

Dec. 

218.8 

140.7 

184.9 

136.4 

176.4 

134.1 

171.1 

1951-Jan. 

220.2 

141.5 

187.1 

136.4 

179.8 

135.8 

172.5 

Feb. 

224.4 

141.7 

192.4 

136.4 

185.1 

137.0 

175.2 

Mar. 

233.9 

146.5 

196.3 

137.6 

188.6 

137.8 

179.7 

Apr. 

238.4 

146.7 

198.8 

137.6 

190.7 

138.8 

181.8 

May 

235.4 

146.2 

201.5 

137.6 

194.9 

140.7 

182.0 

June 

239.8 

146.2 

202.5 

139.8 

197.1 

141.0 

184.1 

July 

249.7 

147.2 

202.9 

139.8 

197.4 

142.2 

187.6 

Aug. 

251.4 

148.2 

204.6 

139.8 

199.0 

143.7 

188.9 

Sept. 

251.1 

149.5 

206.9 

142.7 

199.1 

144.0 

189.8 

Oct. 

249.7 

150.2 

213.8 

142.7 

200.1 

144.3 

190.4 

Nov. 

250.2 

150.8 

214.6 

144.8 

199.9 

144.9 

191.2 

Dec. 

249.3 

150.8 

215.5 

144.8 

200.6 

144.9 

191.1 

1952— Jan. 

250.0 

151.2 

215.3 

144.8 

201.1 

145.7 

191.5 

Feb. 

248.1 

151.3 

213.0 

144.8 

200.1 

146.5 

190.8 

Mar. 

241.7 

152.5 

211.2 

146.3 

200.8 

146.9 

189.1 

Apr. 

240.2 

152.5 

210.4 

146.3 

200.5 

147.9 

188.7 

*  Components  were  selected  and  weighted  on  the  basis  of  1938  family  incomes  ranging  from  $450-$2.500,  with  incomes  between  $l,00O-$l,600  most  common. 


APRIL  1952 


70 


XV— EXPORTS  AND  IMPORTS  BY  COUNTRIES 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 


(i) 


Millions  of  Dollars 

MERCHANDISE  EXPORTS (2) 

TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Non- 
monetary 

U.S.A. 

U.K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Gold 

cies 

South 
Africa 

Area 
(3) 

Colonies 
(4) 

South 
America 

(5) 

Countries 

Exports 

Calendar  Years 

1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12  Mths.  end'g 

Mar.  1952  <«> 

2,340 

684 

85 

56 

156 

407 

255 

159 

4,150 

154 

Monthly 

1950-Dec. 

190.5 

36.2 

3.2 

2.6 

11.4 

20.7 

13.1 

4.4 

282.0 

11.3 

1951-Jan. 

191.2 

40.0 

4.8 

3.9 

10.4 

16.2 

14.1 

10.8 

291.4 

17.3 

Feb. 

155.4 

33.0 

3.8 

1.2 

10.1 

14.6 

11.4 

7.8 

237.4 

11.7 

Mar. 

193.8 

38.9 

4.7 

3.6 

13.4 

14.5 

12.5 

9.9 

291.4 

8.4 

Apr. 

188.5 

43.8 

5.2 

6.5 

11.4 

17.8 

14.9 

15.2 

303.4 

16.2 

May 

206.2 

51.4 

6.3 

4.3 

9.2 

20.6 

18.0 

15.9 

331.9 

13.0 

June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan. 

191.1 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.4 

Feb. 

175.8 

44.1 

8.3 

4.1 

15.7 

32.0 

27.7 

12.1 

319.9 

13.2 

Mar.<6> 

190.0 

69.6 

8.6 

4.5 

19.7 

28.2 

24.1 

14.3 

359.0 

15.0 

Millions  of  Dollars 

MERCHANDISE  IMPORTS 

Fixe  ess  of 

TOTAL  II 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.  K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Merch- 

(7) 

cies 

South 
Africa 

Area 
(3) 

Colonies 
(4) 

South 
America 

(5) 

Countries 

andise 
Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2,130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

12  Mths.  end'g 

Feb.  1952  <«> 

2,821 

403 

162 

5 

135 

184 

277 

83 

4,071 

11 

Monthly 

1950-Dec. 

182.3 

32.0 

11.7 

.2 

8.3 

10.4 

16.2 

5.1 

266.3 

15.7 

1951-Jan. 

233.3 

33.9 

12.5 

.2 

10.2 

9.5 

22.1 

5.4 

327.1 

35.7 

Feb. 

199.0 

27.8 

7.8 

.4 

6.7 

9.1 

17.0 

6.2 

274.2 

36.7 

Mar. 

245.7 

30.4 

12.2 

.5 

12.3 

11.4 

22.5 

7.4 

342.5 

51.1 

Apr. 

278.3 

48.9 

12.7 

.5 

9.2 

14.1 

22.2 

7.0 

393.0 

89.7 

May 

273.2 

43.2 

19.7 

.8 

11.6 

18.5 

27.3 

10.5 

404.7 

72.8 

June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2      ■ 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec. 

203.1 

19.4 

8.4 

.3 

5.3 

9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan. 

228.7 

24.3 

8.1 

.2 

6.5 

11.8 

22.2 

5.1 

307.0 

24.0 

Feb.'6' 

211.8 

21.3 

8.9 

.3 

7.7 

9.7 

18.7 

3.7 

282.0 

37.9 

Mar.<8' 

254.1 

22.8 

327.5 

(1)  Commencing  April  1,  1949.  external  trade  of  Newfoundland  is  included 

and  Canadian   trade   with   Newfoundland,   formerly   in   the   "All  Other"        (4) 
category,  disappears.  (5) 

(2)  Includes  exports  of  foreign  produce.  In  the  case  of  wheat  exports,  figures  are 
based   on    Board   of    Grain   Commissioners'   data   rather    than    Customs'        (6) 
clearances.     Excludes  defence  equipment  transferred  by  Canada  to  North        (7) 
Atlantic  Treaty  countries  which  in  1950  and  1951  amounted  to  56.8  and 
109.1  million  dollars  respectively. 

(3)  Consists  of  Eire,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 


Ceylon  and  Iraq.     Egypt  is  included  in  the  "All  Other"  category. 

Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

Includes  Egypt,  Spain,  Palestine,  and  also  Newfoundland  until  March  31. 

1949. 

Preliminary. 

Imports  from  the  United  Kingdom  do  not  include  articles  imported  for 

the  use  of  the  armed  forces  of  the  United  Kingdom.    In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)   and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded.         (8)  Estimates. 


71 


APRIL  1952 


XVI— MERCHANDISE  EXPORTS  :  COMMODITY  CLASSIFICATION  BY  VOLUME*1' 

Compiled  from  "Trade  of  Canada — Exports",  Dominion  Bureau  of  Statistics 


Wheat") 


mm.  bus. 


Wheat 
Flour 


mm.  bbls. 


Oats, 

Barley, 

Rye 


mm.  bus. 


Live 
Cattle 


.000 


Beef 


.000  cwt. 


Bacon 

and 

Hams 


mm.  lbs. 


Cheese 


mm.  lbs. 


Milk 
(powdered 
condensed 
evapo- 
rated) 


mm.  lbs. 


Fish 
(fresh 

and 
frozen) 


mm.  lbs. 


Fish 

(canned 

and  salted 

etc.) 


mm.  lbs. 


Planks 

and 
Boards 


mm.  ft. 


Pulpwood 


.000  cords 


Calendar  Years 

1929 
1932 
1937 

1947 
1948 
1949 
1950 
1951 

12-mths  ending 

Feb.  1952 

Monthly 

1950-Dec. 

1951-Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952-Jan. 
Feb. 


211 
228 
106 

150 
145 
211 
162 
235 

247 

10.2 

11.8 
10.2 
11.1 
12.7 
17.7 
25.5 
27.7 
19.2 
19.1 
27.6 
35.5 
16.8 

16.0 
18.6 


10 
5 
4 

18 
12 
10 
10 
12 

11 


1.3 

1.0 

1.2 

1.3 

1.5 

1.0 

1.2 

.7 

.5 

.9 


.7 


27 
34 
17 

23 
54 
52 
41 
110 

113 

11.3 

4.0 

2.6 

2.3 

1.6 

10.4 

10.2 

13.8 

10.9 

11.0 

12.7 

15.2 

15.0 

5.4 
4.2 


254 

33 

322 

m 

83 
371 
421 
459 
239 

209 

40.3 

22.5 
20.8 
27.3 
24.1 
25.1 
18.4 
12.1 
15.5 
20.4 
22.8 
21.5 
8.6 

4.4 
9.1 


301 

41 

161 

426 

1,228 

1,002 

840 

934 

884 

69.9 

43.3 

26.5 

26.5 

60.8 

151.2 

177.3 

154.3 

77.8 

71.3 

89.5 

44.3 

11.5 

6.7 
13.3 


29 

36 

196 

236 

205 

67 

79 

6 

4 

4.6 

2.4 
.5 
.4 
.6 
.4 
.3 
.2 
.2 
.1 
.2 
.3 
.5 

.5 

.4 


93 
87 
89 

56 
40 
53 
63 
31 

30 

1.0 

.5 

.7 

.3 

.2 

.1 

1.3 

2.6 

4.6 

6.2 

8.1 

5.1 


,2 

.1 


32 
25 
33 

80 
.  90 
72 
56 
41 

43 

1.1 

1.0 
1.1 
1.3 
1.8 
3.5 
3.4 
4.7 
6.3 
3.8 
3.1 
5.1 
6.0 

1.0 
3.1 


122 

84 

140 

203 
212 
205 
267 
253 

245 

13.8 

24.1 
14.9 
14.0 
12.7 
16.4 
15.2 
20.3 
24.0 
23.9 
38.7 
30.8 
18.0 

16.8 
14.7 


295 
174 
184 

271 

221 
251 
284 
286 

273 

27.2 

31.1 

23.8 
23.4 
22.1 
17.1 
21.6 
20.9 
17.8 
20.0 
26.5 
24.8 
37.4 

22.5 
19.2 


1,755 

674 

1,858 

2,726 
2,460 
2,181 
3,575 
3,436 

3,405 

229.2 

264.1 
241.2 
296.9 
303.7 
286.1 
265.7 
318.6 
315.2 
281.8 
318.1 
285.3 
258.8 

223.9 
250.6 


1,295 

529 

1,543 

1,883 
2,188 
1,503 
1,612 
2,676 

2,783 

141.9 

180.3 
182.9 
218.4 
154.1 
114.4 
224.9 
290.5 
295.3 
258.4 
321.2 
241.3 
194.5 

235.8 
234.4 


Wood 
Pulp 

News- 

AutOS 

Aluminum 

Copper 

Lead 

Zinc 

Nickel 

Silver 

Asbestos 

Non- 

and 

(unmanu- 

(unmanu- 

(unmanu- 

(unmanu- 

(unmanu- 

(unmanu- 

(unmanu- 

Fertilizer 

Monetary 

print 

Trucks 

factured) 

factured) 

factured) 

factured) 

factured) 

factured) 

factured) 

Gold 

.000  tons 

.000  tons 

.000 

.000  tons 

.000  tons 

.000  tons 

.000  tons 

.000  tons 

.000  fine  oz 

.000  tons 

.000  Ions 

.000 fine  oz 

Calendar  Years 

1929 

831 

2,515 

102 

38 

123 

122 

84 

55 

21,938 

292 

222 

1,872 

1932 

452 

1,777 

13 

10 

133 

109 

88 

16 

16,992 

112 

124 

3,013 

1937 

871 

3,455 

66 

50 

219 

185 

170 

111 

20,389 

391 

273 

4,128 

1947 

1,699 

4,221 

84 

228 

142 

132 

183 

117 

10,237 

637 

791 

2,851 

1948 

1,798 

4,328 

48 

333 

178 

109 

206 

132 

8,729 

690 

692 

3,423 

1949 

1,549 

4,705 

30 

397 

199 

135 

281 

127 

10,267 

535 

706 

3,866 

1950 

1,846 

4,938 

34 

353 

188 

136 

282 

122 

11,849 

830 

742 

4,283 

1951 

2,243 

5,112 

60 

375 

152 

127 

305 

131 

17,795 

942 

623 

4,080 

1 2-tnths  ending 

Feb.  1952 

2,276 

5,200 

87 

368 

150 

143 

322 

134 

18,361 

943 

628 

4,017 

Monthly 
1950-Dec. 

172.2 

421.5 

3.0 

42.8 

13.7 

17.9 

20.5 

8.9 

1,200.1 

73.5 

65.2 

304.9 

1951-Jan. 

175.6 

408.1 

.6 

30.7 

13.0 

11.9 

28.8 

12.2 

1,397.8 

77.5 

58.1 

472.0 

Feb. 

149.6 

357.8 

.9 

22.4 

10.3 

7.1 

11.4 

7.9 

1,316.3 

53.5 

55.4 

321.1 

Mar. 

185.4 

436.6 

3.0 

32.4 

10.8 

11.7 

19.8 

11.2 

2,142.5 

99.8 

37.8 

229.4 

Apr. 

176.1 

424.1 

5.8 

38.4 

18.1 

9.5 

19.2 

11.6 

963.9 

89.0 

48.7 

438.9 

May 

188.6 

469.4 

3.6 

36.9 

10.6 

15.0 

22.6 

9.4 

1,473.9 

83.2 

74.6 

349.4 

June 

191.2 

390.2 

2.4 

9.9 

12.0 

6.1 

28.1 

8.9 

1,377.0 

77.9 

64.8 

373.1 

July 

201.6 

484.6 

4.8 

44.0 

13.7 

9.3 

36.9 

12.2 

1,518.4 

73.5 

41.5 

361.8 

Aug. 

211.0 

466.0 

4.4 

49.5 

9.3 

8.2 

25.6 

11.2 

1,776.9 

81.1 

50.3 

300.1 

Sept. 

186.1 

398.4 

7.1 

30.4 

11.8 

10.4 

29.4 

10.4 

1,538.1 

80.2 

46.0 

294.9 

Oct. 

202.6 

453.3 

9.5 

33.7 

10.7 

9.0 

28.1 

12.4 

888.8 

81.8 

41.0 

223.3 

Nov. 

187.6 

447.8 

9.9 

27.5 

12.4 

13.4 

31.8 

11.6 

1,709.3 

65.6 

52.9 

212.7 

Dec. 

187.8 

375.8 

8.5 

19.0 

19.5 

15.0 

23.7 

12.1 

1,691.8 

79.2 

51.6 

502.9 

1952-Jan. 

196.3 

439.8 

14.4 

20.6 

12.4 

24.7 

26.9 

10.1 

1,637.5 

71.4 

58.7 

361.2 

Feb. 

162.0 

413.9 

13.4 

26.0 

9.1 

10.7 

29.6 

12.7 

1,642.6 

60.6 

60.1 

369.5 

(1)    Includes 

foreign  trade 

of  Newfoun 

dland  as  fror 

n  April  1,  19' 

19.     Where  c 

uantity  is  sli 

own  in  tons, 

a  short  ton  c 

)f  2000  lbs.  h 

as  been  used 

(2)    After  Ju 

y  1936,  expc 

rt  figures  are 

based  on  B 

jard  of  Grah 

Commissior 

iers'  data  rat 

her  than  Cu 

stoms'  cleara 

nces. 

APRIL  1952 


72 


XVII— MERCHANDISE  IMPORTS  :  COMMODITY  CLASSIFICATION  BY  VOLUME(1) 

Compiled  from  "Trade  of  Canada — Imports",  Dominion  Bureau  of  Statistics 


Cotton 

Cotton 

Wool 

Wool 

(yarns, 

fabrics 

and 

worsteds) 

Bananas 

Oranges 

Fresh 
Vegetables 

Sugar 

Coffee 

Tea 

Cocoa 

Distilled 
Beverages 

(raw  and 
unmanu- 

(thread, 
yarns  and 

(raw  and 
unmanu- 

factured) 

fabrics) 

factured) 

.000  cwt. 

.OOOcu.ft 

mm.  lbs. 

.000  cwt. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

.000  gals. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

Calendar  Years 

1929 

3,944 

* 

* 

9,510 

28 

39 

25 

2,526 

151 

* 

19 

* 

1932 

3,098 

4,341 

131 

8,684 

31 

40 

20 

929 

107 

18 

18 

9 

1937 

3,528 

5,023 

213 

9,297 

38 

40 

27 

1,309 

171 

28 

37 

14 

1947 

3,649 

10,654 

388 

10,143 

51 

47 

34 

2,527 

205 

84 

52 

16 

1948 

3,332 

9,589 

187 

12,439 

88 

36 

41 

2,378 

184 

49 

61 

17 

1949 

2,997 

8,336 

366 

12,446 

98 

43 

46 

2,632 

221 

52 

45 

15 

1950 

2,843 

8,467 

562 

12,782 

83 

55 

46 

2,257 

246 

42 

51 

13 

1951 

2,666 

9,902 

517 

10,926 

88 

42 

28 

3,099 

215 

50 

45 

12 

12'mtbs  ending 

Feb.  1952 

2,635 

10,021 

584 

10,885 

91 

44 

30 

3,127 

215 

45 

41 

11 

Monthly 
1950-Dec. 

165.3 

1,236.1 

26.7 

768.3 

4.7 

4.1 

2.4 

289.5 

27.3 

3.3 

4.0 

1.0 

1951-Jan. 

162.6 

803.7 

37.7 

453.1 

7.2 

5.2 

2.2 

280.7 

24.3 

6.4 

3.7 

1.4 

Feb. 

153.3 

812.9 

35.0 

250.7 

8.8 

2.1 

2.5 

193.5 

15.8 

5.3 

4.1 

1.2 

Mar. 

176.5 

936.8 

56.9 

451.7 

8.9 

4.8 

2.6 

313.6 

27.3 

5.8 

4.3 

1.1 

Apr. 

241.5 

830.8 

71.4 

803.3 

7.9 

3.9 

3.2 

231.1 

24.3 

7.1 

5.5 

1.8 

May 

281.6 

901.3 

88.8 

1,504.5 

7.6 

3.7 

1.1 

288.0 

25.7 

4.4 

3.8 

1.3 

June 

328.2 

847.5 

93.4 

1,240.5 

5.3 

4.0 

3.1 

201.3 

14.6 

3.3 

3.9 

1.0 

July 

299.1 

749.1 

37.2 

1,123.7 

6.7 

3.0 

7.2 

186.8 

6.8 

3.2 

5.8 

1.2 

Aug. 

291.1 

709.4 

7.0 

1,869.1 

6.3 

2.4 

1.5 

198.5 

8.2 

3.1 

5.3 

1.0 

Sept. 

219.4 

612.8 

4.6 

1,127.2 

5.5 

2.5 

.8 

204.7 

10.3 

2.4 

3.2 

.7 

Oct. 

193.7 

648.3 

16.6 

1,109.5 

7.8 

3.7 

.9 

356.1 

13.2 

2.9 

1.3 

.6 

Nov. 

178.7 

687.1 

33.1 

586.3 

9.3 

4.4 

1.3 

284.8 

25.8 

3.4 

1.4 

.6 

Dec. 

140.4 

1,362.6 

35.7 

405.7 

7.2 

2.8 

1.4 

359.5 

18.3 

2.8 

2.1 

.5 

1952-Jan. 

143.8 

811.4 

64.4 

337.0 

9.5 

3.8 

5.1 

314.6 

25.9 

3.5 

1.8 

.7 

Feb. 

140.5 

924.1 

74.9 

326.2 

8.9   . 

4.6 

2.2 

188.2 

14.7 

3.7 

2.7 

.7 

Crude 
Rubber 

Iron 
Ore 

Pigs, 

Ingots, 

Blooms 

&  Billets 

Bars, 

Rods 

and  Rails 

Sheets 

and 

Plates 

Structural 
Iron 

Autos 

and 

Trucks 

Bauxite 
Ore 

Tin 

Coal 

Crude 
Petroleum 

Gasoline, 
Kerosene 

and 
Fuel  Oils 

mm.  lbs. 

.000  tons 

.000  tons 

.000  tons 

.000  tons 

.000  tons 

.000 

.000  tons 

.000  cwts. 

mm.  tons 

mm.  gals. 

mm.  gals. 

Calendar  Year! 

1929 

80 

2,448 

86 

257 

653 

381 

45 

145 

57 

18 

1,067 

275 

1932 

47 

68 

11 

28 

255 

31 

1 

52 

31 

12 

910 

193 

1937 

81 

2,125 

20 

60 

491 

76 

20 

304 

59 

15 

1,362 

126 

1947 

77 

3,945 

21 

120 

483 

235 

43 

1,400 

89 

29 

2,418 

764 

1948 

96 

4,300 

62 

110 

460 

218 

21 

2,015 

81 

31 

2,717 

748 

1949 

90 

2,517 

84 

118 

601 

221 

39 

1,794 

82 

22 

2,649 

584 

1950 

104 

3,071 

60 

98 

551 

189 

89 

1,862 

108 

27 

2,805 

832 

1951 

108 

3,831 

148 

197 

757 

382 

48 

2,402 

137 

27 

2,949 

911 

12-mths  ending 

Feb.  1952 

98 

3,859 

154 

217 

794 

430 

41 

2,386 

141 

27 

2,956 

912 

Monthly 
1950-Dec. 

10.2 

98.7 

5.5 

7.8 

45.0 

16.5 

4.9 

64.5 

6.9 

1.9 

242.1 

80.3 

1951-Jan. 

16.4 

1.0 

9.1 

13.1 

54.0 

20.9 

4.9 

39.2 

8.3 

2.0 

248.5 

52.9 

Feb. 

9.2 

1.2 

7.8 

8.0 

45.8 

18.1 

4.9 

23.8 

8.0 

1.9 

180.4 

46.5 

Mar. 

13.2 

3.7 

19.0 

9.5 

57.3 

21.7 

5.8 

19.3 

13.1 

1.4 

204.4 

53.3 

Apr. 

8.5 

43.0 

9.2 

13.1 

70.4 

30.5 

9.3 

60.2 

10.9 

1.9 

241.8 

41.9 

May 

11.2 

228.7 

5.2 

12.9 

63.6 

40.7 

8.9 

187.6 

11.8 

2.5 

271.3 

94.9 

June 

8.9 

558.0 

8.6 

15.5 

66.2 

31.3 

6.4 

227.0 

5.3 

2.5 

238.0 

84.8 

July 

8.0 

605.4 

12.0 

18.1 

73.7 

36.4 

3.7 

290.4 

11.1 

2.4 

301.4 

122.6 

Aug. 

10.3 

691.2 

17.9 

17.9 

64.5 

33.3 

1.4 

374.9 

8.8 

2.8 

274.3 

106.6 

Sept. 

4.6 

594.4 

7.5 

24.9 

65.0 

38.0 

.9 

353.7 

8.8 

2.3 

272.2 

87.0 

Oct. 

6.1 

685.9 

15.1 

25.8 

78.6 

40.4 

.8 

439.2 

18.0 

3.0 

259.1 

82.2 

Nov. 

4.7 

280.7 

12.7 

19.7 

65.6 

37.7 

.9 

311.0 

22.6 

2.6 

229.1 

80.7 

Dec. 

6.5 

138.4 

23.5 

18.9 

52.7 

33.0 

.5 

75.6 

10.6 

1.6 

228.2 

57.6 

1952-Jan. 

9.1 

15.9 

10.6 

21.3 

69.8 

50.8 

.8 

31.7 

10.8 

1.9 

230.3 

62.3 

Feb. 

0.6 

13.4 

12.5 

19.8 

66.2 

36.5 

1.6 

15.5 

9.4 

1.7 

206.3 

38.5 

(H    Includes 

imports  froi 

b  Newfound 

and  until  N' 

arch  31,  19-: 

19  and  impoi 

ts  into  New 

foundland  fr 

Dm  other  coi 

intries  there 

ifter.     Wlie 

e   quantity 

is   shown   in 

tons,  a  si 

lort  ton  of  21 

)00  lbs.  has  t 

een  used. 

*  Not  avail 

ible. 

TATISTICAL  SUMMARY 

BANK  OF  CANADA 


Tables                                                                   Charts  Pages 

I     Bank  of  Canada: 

Liabilities  and  Assets 73-74 

General  Public  Holdings  of  Certain  Liquid  Assets 73 

Factors  Affecting  General  Public  Holdings  of  Certain  Liquid  Assets      .  74 
II     Chartered  Banks: 

Liabilities  and  Assets 75-76 

III  General  Public  Holdings  of  Certain  Liquid  Assets: 

Currency,  Bank  Deposits  and  Government  of  Canada  Securities       .        .        .  75-76 

Resident  and  Non-Resident  Holdings:  Approximate  Division     ....  77 

IV  Government  Bond  Yields  and  Treasury  Bill  Rates 77 

V    Foreign  Exchange  Rates 78 

United  States  Dollar  in  Canadian  Funds 78 

VI     Profit  Statistics  for  424  Companies:  1940-1951 79 

Profit  Statistics  for  424  Companies 80 

VII     Business  Activity 80 

VIII     Earnings  and  Hours  Worked  in  Certain  Industries 81-82 

Earnings  and  Hours  Worked  in  Certain  Industries 82 

IX    Wholesale  Prices 83 

X    Cost  of  Living 83 

XI     Population  Statistics 84 

Population:  Percentage  Distribution 84 

XII     Net  Income  of  Farm  Operators  from  Farm  Operations 85 

Index  of  Physical  Volume  of  Agricultural  Production:  Canada  and  U.S.  85 

XIII  Farm  Operating  and  Living  Costs 86 

XIV  Physical  Volume  of  Agricultural  Production 86 

XV    Newsprint:  North  America 87 

Newsprint:  Production,  Consumption,  Distribution  and  Export  Price  .  87 

XVI     Merchandise  Trade:  Exports  and  Imports  by  Countries         ....  88 

XVII     Merchandise  Imports:  Commodity  Classification  by  Value    .       .       .       .  89-90 


TABLES  AND  CHARTS  MAY   BE   REPRODUCED  OR   REFERRED  TO   PROVIDED  THAT  THE    BANK   OF 
CANADA   STATISTICAL   SUMMARY,    WITH   ITS  DATE,   IS   SPECIFICALLY   QUOTED   AS  THE     SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:   25c   per   copy,    post   free.      For   particulars   apply    to   the   Research   Department,    Bank   of  Canada,   Ottawa. 


MAY  1952 


73 

MAY  1952 

MA\ 

1952 

74 

Millions  of  Dollars 

I— BANK 

OF  CANADA 

Millions  of  Dollars 

LIABILITIES 

Total 

Liabilities 

or 

Assets 

ASSETS 

Chartered  Bank  Cash 

Govt,  of 
Canada 
Deposits 

Other 
Deposits 

Foreign 
Currency 
Deposits*11 

Active 
"B.  of  C. 

Note 
Circulation 

All 

Other 

Accounts 

Gold 

Silver 

Foreign(1> 
Exchange 

Securities 

Advances 

All 

Other 

Accounts 

Notes 
in  Tills 

Deposits 

at 
B.of  C. 

Total 

Govt,  of  Canada 
and  Provincial 

Ind.  Dev. 

Bank 
Cap.  Stock 

Other 
Securities 

Total 

Under  2  yrs. 

Over  2  yrs. 

As  at  Dec.  31 

1935 
1937 
1939 

40.6 
53.9 
70.6 

181.6 
196.0 
217.0 

222.2 
249.9 
287.6 

17.9 
11.1 
46.3 

.8 
3.5 
17.9 

- 

59.1 

111.4 
162.2 

7.7 
14.4 
13.3 

307.7 
390.3 
527.2 

180.5 
179.8 
225.7 

1.6 
3.0 

4.2 
14.9 
64.3 

30.9 
82.3 
181.9 

83.4 
91.6 
49.9 

: 

12.2 

114.3 
186.1 
231.8 

3.5 

3.5 
6.5 
5.5 

As  at  Dec.  31 
1935 
1937 
1939 

1946 
1947 
1948 
1949 
1950 
1951 

176.9 
183.9 
190.8 
211.8 
231.3 
273.1 

565.5 
536.2 
547.3 
541.7 
578.6 
619.0 

742.3 
720.1 
738.1 
753.5 
809.9 
892.1 

60.5 
68.8 
98.1 
30.7 
24.7 
94.9 

93.8 
67.5 
81.0 
126.9 
207.1 
66.1 

1.0 
2.0 

.4 
79.6 
133.6 
155.6 

1,009.3 
1,027.5 
1,098.3 
1,095.6 
1,136.1 
1,191.1 

41.7 
40.4 
42.7 
39.5 
39.0 
44.4 

1,948.6 
1,926.2 
2,058.6 
2,125.9 
2,350.3 
2,444.1 

- 

1.0 
2.0 

.5 
74.2 
111.7 
117.9 

1,197.4 
1,022.0 
1,233.7 
1,781.4 
1,229.3 
1,141.8 

708.2 
858.5 
779.1 
227.8 
712.5 
1,049.3 

15.0 
25.0 
25.0 
25.0 
25.0 
25.0 

5.5 

247.9 

89.0 

1,920.6 
1,905.6 
2,037.7 
2,039.7 
2,214.7 
2,305.1 

- 

27.1 
18.7 
20.4 
12.0 
24.0 
21.0 

1946 
1947 
1948 
1949 
1950 
1951 

End  of 
1951— Feb. 
Mar. 
Apr. 
May 
June 

202.8 
185.1 
203.1 
214.8 
177.1 

550.5 
552.9 
556.1 
530.1 
590.7 

753.3 
738.0 
759.2 
744.8 
767.8 

69.5 
70.5 
56.9 
76.2 
75.3 

204.6 
206.7 
215.1 
221.5 
220.1 

128.9 
88.5 
137.7 
129.9 
132.8 

1,092.6 
1,134.4 
1,119.9 
1,122.7 
1,174.2 

39.8 
28.7 
58.9 
38.8 
32.2 

2,288.7 
2,266.8 
2,347.7 
2,334.1 
2,402.4 

f         = 

- 

117.5 
80.2 
129.0 
125.4 
117.0 

1,165.4 
1,341.9 
1,327.6 
1,313.7 
1,335.2 

757.0 
673.7 
722.5 
777.3 
846.3 

25.0 
25.0 
25.0 
25.0 
25.0 

168.7 
114.4 
70.6 
45.3 
58.8 

2,116.1 
2,155.1 
2,145.7 
2,161.3 
2,265.4 

: 

55.1 
31.6 
73.0 
47.4 
20.1 

End  of 
Feb.— 1951 
Mar. 
Apr. 
May 
June 

July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

226.0 
189.7 
195.2 
232.2 
195.1 
273.1 

558.2 
580.4 
579.4 
588.3 
633.8 
619.0 

784.2 
770.1 
774.6 
820.6 
828.9 
892.1 

91.1 
115.0 
105.6 
210.3 
66.0 
94.9 

212.6 
185.7 
140.0 
83.3 
92.5 
66.1 

146.7 
143.0 
116.3 
102.1 
135.1 
155.6 

1,144.5 
1,181.0 
1,192.8 
1,174.3 
1,212.1 
1,191.1 

56.2 
62.8 
38.5 
62.9 
54.4 
44.4 

2,435.3 
2,457.6 
2,367.8 
2,453.4 
2,388.9 
2,444.1 

_ 

- 

117.0 
100.1 
87.1 
96.6 
128.9 
117.9 

1,327.4 
1,349.6 
1,297.6 
1,317.5 
1,137.8 
1,141.8 

872.5 
888.1 
896.1 
956.4 
1,043.1 
1,049.3 

25.0 
25.0 
25.0 
25.0 
25.0 
25.0 

51.4 
44.1 
31.2 
8.2 
18.8 
89.0 

2,276.3 
2,306.9 
2,249.9 
2,307.1 
2,224.6 
2,305.1 

- 

41.9 
50.6 
30.8 
49.7 
35.4 
21.0 

July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 
Feb. 
Mar. 
Apr. 

222.4 
175.6 
207.5 
234.8 

629.2 
616.7 
656.5 
645.7 

851.6 
792.3 
864.0 
880.5 

92.8 
88.5 
14.6 
14.3 

54.9 
52.1 
66.1 

41.7 

99.5 
84.7 
68.5      • 
77.5 

1,153.2 
1,198.8 
1,185.7 
1,177.0 

53.9 
27.8 
30.1 
31.5 

2,306.0 
2,244.3 
2,229.0 
2,222.5 

- 

- 

85.4 
70.4 
60.2 
72.4 

1,095.4 
1,058.1 
1,179.9 
1,191.5 

1,042.6 

1,027.6 

882.2 

874.7 

25.0 
25.0 
25.0 
25.0 

24.3 

27.3 
11.7 
21.6 

2,187.2 
2,138.0 
2,098.8 
2,185.1 

: 

33.3 
35.9 
70.0 
37.4 

Jan.— 1952 
Feb. 
Mar. 
Apr. 

(1)  Includes  foreign  exchange  items  for  foreign  clients  and  also  the  Government  of  Canada  and,  commencing  March  31,  1949,  the  Exchange  Fund  Account.        -k  Since  May  1940,  the  minimum  gold  reserve  requirement  has  been  in  suspense. 


GENERAL   PUBLIC    HOLDINGS  OF   CERTAIN    LIQUID   ASSETS 

BILLIONS  Or  DOLLARS  BILLIONS  Or  DOLLARS 


9 
8 

5 
4 

3 

0 

MONTH- END    FIGURES 

GENERAL  PUBLIC  HOL 

3INGS  OF  CERTAIN  LIQUID 

ASSETS^              1 

TOTAL   CURRENCY 

AND    ACTIVE    BANK    DEP 

OSITS— ,                   f"*—* 

- 

lllllllllll 

Nllllllll 

Hill 

Nllllllll! 

1 1 1 1 1 1 1 M  i  J 

FACTORS  AFFECTING  GENERAL  PUBLIC  HOLDINGS  OF  CERTAIN  LIQUID  ASSETS 

BILLIONS  OF  DOLLARS 


BILLIONS  OF  DOLLARS 


15 


14 


,9aa  l9"9  1950  1951  ,952 

*  T°' page"r75"C76and  ACt'Ve  Ba"k  Deposit3  plus  Inactive  Notice  Deposits  and  Government  of  Canada  Securities;  see  Table  III  and  footnotes  < 
t  See  Table  III  and  footnotes  on  pages  75-76. 


MONTH -END   FIGURES 


GOVERNMENT  OF  CANADA   NET  DEBT  AND 
BANK  OF  CANADA   NET  GOLD  AND   EXCHANGE  HOLDINGS 


BANK   LOANS    AND  , 

NON- GOVERNMENT  INVESTMENTS 


14 


1948  1919 

*  See  Table  III  and  footnotes  on  pages  75-76. 


75 

Millions  of  Dollars 


MAY  1952 


MAY-  1952 


II— CHARTERED  BANKS 

Bank  oj    Canada 


As  at  Dec.  31 
1929 
1932 
1937 
1949 
1950 
1951 

End  of 

1951— Feb. 
Mar. 
Apr. 
May 
June 

July 

Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 
Feb. 

Mar. 
Apr. 


LIABILITIES 


Notes 


175 
127 
102 
14 


Deposits 


Demand 


729 

466 

699 

2,426 

2,770 

2,963 

2,612 
2,487 
2,725 
2,692 
2,578 
2,675 
2,675 
2,651 
2,907 
2,936 
2,963 

2,703 
2,704 
2,824 
2,889 


Notice 


1,434 
1,378 
1,583 
4,433 
4,558 
4,612 

4,618 
4,614 
4,598 
4,589 
4,559 
4,580 
4,583 
4,595 
4,575 
4,616 
4,612 

4,639 
4,685 
4,748 
4,757 


Govt,  of 

Canada 

and  Prov. 


92 

72 

53 

367 

500 

322 

445 
523 
360 
405 
455 
403 
409 
391 
270 
276 
322 

363 
.372 
407 
340 


Canadian 
Deposits 


2,270 
1,928 
2,387 
7,348 
7,997 


7,841 
7,753 
7,856 
7,829 
7,697 
7,809 
7,799 
7,724 
7,913 
8,015 


7,846 
7,918 
8,090 
8,115 


Foreign 


442 
329 
409 
730 
735 
795 

734 
719 
749 
747 
763 
753 
808 
769 
784 
784 
795 

762 

758 
778 


Total 
Deposit! 


2,820 
2,306 
2,819 
8,177 
8,867 
9,003 

8,702 
8,625 
8,742 
8,718 
8,618 
8,705 
8,775 
8,674 
8,833 
8,927 
9,003 

8,730 
8,799 
9,008 
9,062 


ASSETS 


Cash 
in    o) 
Canada 


228 
211 
250 
753 
810 
892 

753 
738 
759 
745 
768 
784 
770 
775 
821 
829 
892 

852 
792 
864 
881 


Securities 


Govt,  of 
Canada 


Prov- 
incial 


3,112 
3,079 
2,754 

2,887 
2,801 
2,742 
2,720 
2,681 
2,696 
2,679 
2,734 
2,726 
2,744 
2,754 

2,819 
2,884 
2,939 
2,917 


297 
562 
1,111 


445 
416 
355 

398 
373 
368 
370 
366 
356 
355 
353 
342 
357 
355 

339 

330 
325 
310 


Foreign 
Govt. 


Othe 


Total 


151 
216 


59 
242 
193 
200 

190 
210 
208 
190 
192 
195 
210 
208 
226 
214 
200 

214 

233 
284 
291 


242 
545 
599 
567 

618 

601 
607 
606 
598 
594 
588 
581 
582 
578 
567 

556 

556 
547 
550 


448 
778 
1,411 
4,345 
4,286 
3,876 

4,093 
3,986 
3,924 
3,886 
3,838 
3,840 
3,832 
3,876 
3,876 
3,894 
3,876 

3,927 
4,003 
4,095 
4,068 


(1)  Estimated  month-end  deposits  payable  in  Canadian  currency.  (2)  Includes  inter-bank  deposits.  (3)  Until  March  1935:  Gold  and  Coin  in  Canada,  Domin 
end  Canadian  deposits  in  1926-35  and  monthly  average  deposits  in  1936  and  after.  (5)  Bank  of  Canada  notes  in  public  circulation  and  until  January  1950  chartered 
January  1950:  liability  for  outstanding  notes  issued  for  circulation  in  Canada  transferred  to  Bank  of  Canada  during  January  1950. 


Ill— GENERAL  PUBLIC  HOLDINGS 


Loans 


262 
103 
76 
133 
134 
107 

109 
94 
87 
92 
82 
84 
90 

107 

111 
96 

107 

107 
95 
97 

140 


1,403 
964 
749 

2,174. 

2,651 

2,901 

2,736 
2,856 
2,886 
2,896 
2,898 
2,890 
2,912 
2,901 
2,893 
2,975 
2,901 

2,827 
2,788 
2,797 
2,800 


122 
140 
113 
97 
125 
127 

136 

152 
161 
170 
164 
153 
161 
144 
141 
149 
127 

128 
130 
152 
161 


245 
91 
60 
70 
100 
131 

114 
96 
97 
99 
110 
112 
119 
131 
82 
90 
131 

80 
94 
85 
138 


251 
152 
166 
211 
247 
278 

256 
252 
271 
281 
281 
285 
262 
273 
290 
285 
278 

276 
276 
280 
279 


Total 
Assets 


3,521 
2,852 
3,281 
8,718 
9,496 
9,610 

9,354 
9,284 
9,403 
9,370 
9,256 
9,323 
9,378 
9,276 
9,440 
9,544 
9,610 

9,343 
9,409 
9,613 
9,672 


76 


Millions  of  Dollars 


DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cash  to 

Active 

in     (j) 
Canada 

Deposits 

Canadian 

Note  (s) 

(4) 

Deposits 

Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

728 

7,766 

9.4 

1,083 

Feb.— 1951 

748 

7,655 

9.8 

1,103 

Mar. 

770 

7,734 

10.0 

1,106 

Apr. 

756 

7,731 

9.8 

1,110 

May 

768 

7,702 

10.0 

1,125 

June 

807 

7,761 

10.4 

1,139 

July 

795 

7,686 

10.3 

1,141 

Aug. 

805 

7,680 

10.5 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

839 

7,754 

10.8 

1,150 

Feb. 

846 

7,851 

10.8 

1,164 

Mar. 

848 

7,989 

10.6 

1,180 

Apr. 

on  Notes  and  "Free"  Central  Gold  Reserve  Deposits:  after  that  date:  Bank  of  Canada  Notes  and  Deposits.  (4)    Figures  given  are  averages  of  estimated  month- 

bank  note  circulation,  the  latter  being,  after  September  1944,  an  approximate  figure  only.  (6)    Notes  issued  for  circulation  outside  Canada  only  commencing  in 


OF  CERTAIN  LIQUID  ASSETS*t 


Millions  of  Dollars 


Currency,  Bank  Deposits  and  government  of  Canada  Securities 

Bank  of  Canada 


As  at  Dec.  31 

-    1949 

1950 

1951 

End  of 

1951— Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1952— Jan. 
Feb. 

Mar. 
Apr. 


Currency  and  Active  Bank  Deposits 


Currency 
Outside  Banks 


Notes"' 


1,110 
1,136 
1,191 

1,093 
1,134 
1,120 
1,123 
1,174 
1,145 
1,181 
1,193 
1,174 
1,212 
1,191 

1,153 
1,199 
1,186 
1,177 


Coin<»> 


74 
78 
84 

76 
78 
78 
79 
81 
80 
81 
82 
82 
84 
84 

82 
83 

84 
83 


Total 


1,184 
1,214 
1,275 

1,169 
1,212 
1,198 
1,202 
1,255 
1,225 
1,262 
1,275 
1,256 
1,296 
1,275 

1,235 
1,282 
1,270 
1,260 


Active  Bank  Deposits 


Chartered  Banks 


Demand 


2,426 
2,770 
2,963 

2,612 
2,487 
2,725 
2,692 
2,578 
2,675 
2,675 
2,651 
2,907 
2,936 
2,963 

2,703 
2,704 
2,824 
2,889 


Active  <4> 
Notice 


Other"' 

excl. 

Govt. 

of  Canada 


682 
697 

717 

709 
711 
709 
707 
707 
709 
712 
715 
713 
712 
717 

748 
758 
770 
768 


338 
413 

449 

415 
428 
429 
398 
385 
396 
381 
371 
380 
398 
449 

412 
451 
422 
418 


Total 


3,446 
3,880 
4,129 

3,736 
3,626 
3,863 
3,797 
3,670 
3,780 
3,768 
3,737 
4,000 
4,046 
4,129 

3,863 
3,913 
4,016 
4,075 


Deduct^ 
Float 


335 
450 
627 

448 
376 
499 
467 
395 
468 
497 
387 
544 
552 
627 

456 
517 
555 

528 


Net 
Total 


3,111 
3,430 
3,502 

3,288 
3,250 
3,364 
3,330 
3,275 
3,312 
3,271 
3,350 
3,456 
3,494 
3,502 

3,407 
3,396 
3,465 
3,547 


Bank  of 
Canada 
"Other" 
Deposits 


127 

207 

66 

205 
207 
215 
222 
220 
213 
186 
140 
83 
93* 


55 
52 


42 


Total 


Total 

Currency 

and 

Active 

Bank 

Deposits 


3,238 
3,637 
3,568 

3,493 
3,457 
3,579 
3,552 
3,495 
3,525 
3,457 
3,490 
3,539 
'3,587 
3,568 

3,462 
3,448 
3,531 
3,589 


Millions  of  Dollars 


(») 
Inactive 
Chartered 
Bank 
Notice 
Deposits 


Govt,  of 
Canada 
Securities 

(8)  (10) 


4,422 
4,851 
4,843 

4,662 
4,669 
4,777 
4,754 
4,750 
4,750 
4,719 
4,765 
4,795 
4,883 
4,843 

4,697 
4,730 
4,801 
4,849 


Jr  The  term  General  Public  refers  to  holdings  of  non-residents  as  well  as 
residents;  for  an  approximate  division  between  resident  and  non-resident 
holdings  see  Table  III,  page  77. 
f  Chartered  banks'  Newfoundland  branch  statistics  are  included  as  from 
1   April  1st.  1949. 
**The  whole  of  the  increase  or  decrease  in  Canada's  foreign  exchange  reserves 
is  embodied  in  the  related  factors  in  this  table;  to  the  extent  that  such 
changes  do  not  appear  in  the  column  "Bank  of  Canada  Gold  and  Exchange 
Holdings  (net)"  they  affect  changes  in  "Government  of  Canada  Direct 
and  Guaranteed  Funded  Debt." 
(1)    Note  Circulation  of  Bank  of  Canada  and.  prior  to  1950,  of  the  chartered 
banks;  excluding  notes  held  by  chartered  banks. 


(2)  Subsidiary  coin  issued  by  the  Mint  less  coin  held  by  Bank  of  Canada  and 
chartered  banks  in  Canada. 

(3)  Chartered  banks'  public  demand  deposits  in  Canada. 

(4)  Chartered  banks'  public  notice  deposits  in  Canada  other  than  estimated 
aggregate  quarterly  minimum  balances  in  personal  savings  accounts  and 
non-personal  notice  deposits. 

(5)  Chartered  banks'  Canadian  dollar  deposits  of  provincial  governments, 
and  of  Canadian,  United  Kingdom,  and  foreign  banks. 

(6)  Cheques  on  other  banks  as  shown  in  chartered  bank  month-end  returns 
to  the  Minister  of  Finance. 


3,751 
3,861 
3,894 

3,909 
3,903 
3,888 
3,881 
3,852 
3,871 
3,872 
3,880 
3,862 
3,904 
3,894 

3,891 
3,926 
3,978 
3,989 


9,902 
10,066 
9,386 

10,072 
10,019 
9,962 
9,899 
9,805 
9,733 
9,672 
9,574 
9,514 
9,494 
9,386 

9,357 
9,282 
9,220 
9,194 


Total 


18,075 
18,778 
18,123 

18,643 
18,591 
18,627 
18,534 
18,407 
18,354 
18,263 
18,219 
18,171 
18,280 
18,123 

17,945 
17,938 
17,999 
18,032 


Related  Factors** 


Govt,  of  Canada  Direct  and  Guaranteed  Funded  Debt'" 


Held  by  Bk.  of  Can.  &  Ch.  Bks 


Total 


5,121 
5,021 
4,945 

4,809 
4,817 
4,792 
4,811 
4,863 
4,896 
4,917 
4,928 
5,000 
4,925 
4,945 

4,957 
4,970 
5,001 
4,983 


Deduct  <»> 
Govt,  of 
Canada 
Deposits 


181 
280 
160 

266 
295 
161 
226 
252 
248 
276 
213 
261 
130 
160 

185 

166 

111 

65 


Net 
Total 


4,940 
4,741 
4,785 

4,543 
4,522 
4,631 
4,585 
4,611 
4,648 
4,641 
4,715 
4,739 
4,795 
4,785 

4,772 
4,804 
4,890 
4,918 


Held  by  Other  Investors 


Total 


10,698 
10,913 
10,395 

10,918 
10,864 
10,815 
10,763 
10,680 
10,617 
10,575 
10,493 
10,446 
10,460 
10,395 

10,359 
10,284 
10,225 
10,201 


Deduct 
Securities 
held  by  all 
Govt.Accts 


796 

847 

1,009 

846 
845 
853 
864 
875 
884 
903 
919 
932 
966 
1,009 

1,002 
1,002 
1,005 
1,007 


Net 
Total 


9,902 
10,066 
9,386 

10,072 
10,019 
9,962 
9,899 
9,805 
9,733 
9,672 
9,574 
9,514 
9,494 
9,386 

9,357 
9,282 
9,220 
9,194 


Bank<'« 
Loans 
&Non- 
Govt. 
Invest- 
ments 


Bk.ofCan 
Gold  and 
Exchange 
Holdings 
(Net) 


3,419 
3,950 
4,085 

4,022 
4,101 
4,133 
4,159 
4,133 
4,101 
4,131 
4,112 
4,095 
4,181 
4,085 

3,984 
3,930 
3,947 
3,989 


226 
49 

157 
106 
62 
41 
43 
22 

1 

1 

11 


13 


Deduct 

All 
Other 
(Net) 

(in 


186 
205 
182 

151 
157 
161 
150 
185 
150 
181 
183 
178 
201 
182 

175 
88 
58 
82 


As  at  Dec.  31 

1949 

1950 

1951 
End  of 
Feb.— 1951 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 


Jan.- 
Feb. 
Mar. 
Apr. 


-1952 


(7)  Other  Deposits  with  the  Bank  of  Canada  as  shown  in  published  month-end 
statements— i.e.  excluding  Government  of  Canada,  chartered  bank  and 
foreign  currency  deposits. 

(8)  Estimated  aggregate  minimum  quarterly  balances  in  chartered  banks' 
personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 
Canada. 

(9)  Direct  and  guaranteed  securities  (including  refundable  taxes)  at  par.  Direct 
debt  includes  both  matured  and  unmatured  issues  outstanding,  exclusive 
of  sinking  fund  holdings;  guaranteed  debt  is  included  on  the  basis  of  the 
total  unmatured  issues  outstanding;  Newfoundland  debt  assumed  by 
the  Government  of  Canada  has  been  included  since  June  1949.     Foreign 


pay  securities  have  been  valued  at  official  mid-rates  of  exchange  to 
September  30,  1950.  and  at  market  rates  thereafter. 

(10)  Holdings  of  all  investors  other  than  Bank  of  Canada,  chartered  banks 
and  Government  of  Canada  accounts. 

(11)  Canadian  dollar  deposits  of  the  Government  of  Canada  at  chartered 
banks  and  Bank  of  Canada. 

(12)  Chartered  Bank  Canadian  loans  and  holdings  of  provincial,  municipal 
and  "other"  securities  and  Bank  of  Canada  holdings  of  Industrial 
Development  Bank  Capital  Stock. 

(13)  Net  of  all  related  asset  and  liability  items  not  shown  elsewhere  in  this  table. 


77 


MAY  1952 


Millions  of  Dollars 


III— GENERAL  PUBLIC  HOLDINGS  OF  CERTAIN  LIQUID  ASSETS" 
Resident  and  Non-Resident  Holdings  :  Approximate  Division 

Bank  of  Canada 


Total  Currency 

Inactive  Chartered 

and  Active 
Bank  Deposits 

Bank  Notice 
Deposits 

Canada  Securities 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

As  at  December  31 

1938 

1,042 

89 

1,131 

1,352 

120 

1,472 

1,817 

1,411 

3,228 

4,211 

1,620 

5,831 

1939 

1,211 

159 

1,370 

1,435 

109 

1,544 

1,881 

1,398 

3,279 

4,527 

1,666 

6,193 

1941 

1,825 

76 

1,901 

1,345 

88 

1,433 

3,053 

1,109 

4,162 

6,223 

1,273 

7,496 

1942 

2,260 

89 

2,349 

1,346 

90 

1,436 

4,349 

995 

5,344 

7,955 

1,174 

9,129 

1943 

2,627 

99 

2,726 

1,542 

112 

1,654 

6,181 

1,003 

7,184 

10,350 

1,214 

11,564 

1944 

3,031 

122 

3,153 

1,939 

121 

2,060 

8,096 

1,035 

9,131 

13,066 

1,278 

14,344 

1945 

3,365 

149 

3,514 

2,255 

136 

2,391 

10,166 

1,144 

11,310 

15,786 

1,429 

17,215 

1946 

3,747 

249 

3,996 

2,709 

147 

2,856 

10,084 

1,091 

11,175 

16,540 

1,487 

18,027 

1947 

3,723 

221 

3,944 

3,002 

141 

3,143 

9,710 

1,053 

10,763 

16,435 

1,415 

17,850 

1948 

4,114 

221 

4,335 

3,284 

124 

3,408 

9,091 

1,158 

10,249 

16,489 

1,503 

17,992 

1949 

4,167 

255 

4,422 

3,628 

123 

3,751 

8,662 

1,240 

9,902 

16,457 

1,618 

18,075 

1950 

4,430 

421 

4,851 

3,714 

147 

3,861 

8,700 

1,366 

10,066 

16,844 

1,934 

18,778 

1951 

4,608 

235 

4,843 

3,753 

141 

3,894 

8,218 

1,168 

9,386 

16,579 

1,544 

18,123 

Month-end 

1951— Mar. 

4,273 

396 

4,669 

3,757 

146 

3,903 

8,618 

1,401 

10,019 

16,648 

1,943 

18,591 

June 

4,351 

399 

4,750 

3,706 

146 

3,852 

8,410 

1,395 

9,805 

16,467 

1,940 

18,407 

Sept. 

4,446 

319 

4,765 

3,736 

144 

3,880 

8,247 

1,327 

9,574 

16,429 

1,790 

18,219 

Dec. 

4,608 

235 

4,843 

3,753 

141 

3,894 

8,218 

1,168 

9,386 

16,579 

1,544 

18,123 

1952— Mar. 

4,572 

229 

4,801 

3,836 

142 

3,978 

8,094 

1,126 

9,220 

16,502 

1,497 

17,999 

(1)  For  footnotes  see  Table  III.  pages  75-76. 


IV— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

i 

Theoreticals(1) 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1950— Dec. 

2.99 

2.97 

2.55 

2.17 

1951— Jan. 

3.02 

3.00 

2.63 

2.26 

Feb. 

3.02 

3.00 

2.60 

2.27 

Mar. 

3.25 

3.21 

2.89 

2.70 

Apr. 

3.24 

3.20 

2.75 

2.48 

May 

3.24 

3.18 

2.62 

2.28 

June 

3.25 

3.15 

2.62 

2.35 

July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Mar. 

3.57 

3.50 

3.00 

2.29 

Apr. 

3.55 

3.52 

3.02 

2.34 

May 

3.47 

3.43 

3.04 

2.37 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada  (2)i 

U.K.<3> 

U.S.A.  t« 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

2.97 

3.12 

2.35 

3.01 

3.12 

2.32 

3.01 

3.26 

2.33 

3.17 

3.28 

2.48 

3.21 

3.35 

2.59 

3.20 

3.43 

2.69 

3.24 

3.55 

2.70 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

3.52 

4.29 

2.70 

3.52 

4.21 

2.60 

3.46 

4.29 

2.53 

(1)  Payable  in  Canada  only.         (2)   Government  of  Canada  3%  due  Sept.  1,  1961-66.         (3)  United  1 
(4)  U.S.  Treasury  2)4%  due  Dec.  15,  1963-68;  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.626 

.519 

1.351 

.626 

.511 

1.391 

.728 

.513 

1.391 

.755 

.512 

1.402 

.755 

.511 

1.529 

.755 

.512 

1.626 

.754 

.512 

1.467 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

.943 

2.315 

1.784 

.979 

2.364 

1.650 

1.019 

2.384 

1.725 

ipr.  15,  1959-6 

9. 

1 

MAY  1952 


78 


-FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 


Cents  per  unit 

U**HJ1A1 

,  KAlbS" 

U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

Buying 

Selling 

Mid-rate 

Buying                  Selling 

Mid-rate 

1939  -  Sept.  16<2) 

1945  -  Oct.    15(2) 

1946  -  July     6(2) 
1949  -  Sept.  20") 

110.00 
110.00 
100.00 
110.00 

111.00 
110.50 
100.50 
110.50 

110.50 
110.25 
100.25 
110.25 

443.00 
443.00 
402.00 
307.25 

447.00 
445.00 
404.00 
308.75 

445.00 
444.00 
403.00 
308.00 

MARKET  RATES1 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 

1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1951— May 

106.94 

105.38 

106.37 

299.50 

295.13 

297.89 

June 

107.31 

106.63 

106.94 

300.50 

298.50 

299.41 

July 

106.63 

105.53 

106.05 

298.50 

295.38 

296.90 

Aug. 

105.94 

105.09 

105.56 

296.50 

294.13 

295.46 

Sept. 

105.75 

105.19 

105.56 

296.00 

294.38 

295.46 

Oct. 

105.50 

104.19 

105.08 

295.25 

291.63 

294.11 

Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

Feb. 

100.69 

100.00 

100.11 

280.00 

278.06 

278.43 

Mar. 

100.00 

98.38 

99.60 

280.19 

276.75 

278.60 

Apr. 

98.50 

97.88 

98.09 

276.88 

274.31 

275.43 

May 

98.75 

98.00 

98.38 

276.88 

273.94 

275.50 

(1)  Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16,  1939. 

(2)  Dates  on  which  official  rates  were  established  or  changed. 

(3)  Commencing  Oct.  2,  1950,  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  for  transactions  between  banks  in  the  exchange  market. 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS 


CANADIAN    DOLLARS 

.06 


CANADIAN    DOLLARS 


(1)  Market  rate;  see  footnote  (3)  to  table  above. 


79 


MAY  1952 


VI- 


Millions  of  Dollars 


PROFIT  STATISTICS  FOR  424  COMPANIES 

Bank  of  Canada 
SUMMARY  STATEMENT 


CD. 


1940-51 


Fiscal  Year  Nearest  to  Calendar  Year 

1940 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation) <2) 

473 

580 

653 

628 

567 

554 

596 

733 

850 

876 

1065 

1305 

104 

128 

150 

146 

123 

116 

115 

130 

154 

191 

213 

243 

Investment  and  Other  Non-Operating  Income  (Net) 

36 

39 

33 

33 

35 

37 

40 

44 

47 

50 

52 

54 

Bond  Interest  (incl.  Exch.  &  Amortization  of  Disc.)  . . 

32 

32 

32 

31 

30 

29 

27 

25 

29 

34 

38 

41 

Net  Profit  before  Income  &  E.P.  Tax  Provision'2' .  . 

373 

459 

504 

484 

449 

446 

494 

622 

714 

701 

866 

1075 

Income  &  E.P.  Tax  Provision  {ex.  Refundable  Portion) 

137 

207 

249 

241 

219 

217 

217 

253 

246 

248 

335 

506 

Net  Income  to  Stockholders (2>(4) 

236 

192 

252 

191 

255 

180 

243 

175 

230 

173 

229 

171 

277 

204 

369 

246 

468 

263 

453 

283 

531 

322 

569 

328 

Forced  Saving  (Refundable  Portion  of  E.P.  Tax). . 

15 

27 

21 

22 

3 

- 

10 

21 

18 

16 

44 

61 

60 

41 

36 

36 

70 

123 

215 

191 

227 

257 

NET  INCOME  TO  STOCKHOLDERS:  INDUSTRIAL  CLASSIFICATION 

Fiscal  Year  Nearest  to  Calendar  Year 

Number 
of  Com- 
panies 

1940 

1941 

1942 

(4) 

1943 

(4) 

1944 

(4) 

1945 

(4) 

1946 

<4) 

1947 

1948 

1949 

1950 

1951 

Grain  Mill  Products 

6 
26 
10 

3 

4 

6 

15 

10 

14 

12 
13 
19 

5 

34 
32 
20 

27 

18 

18 

7 

8 

16 

6 

32 
21 
18 

6 
11 

7 

2.1 
6.4 
4.8 
6.7 

.1 
2.2 
2.8 
2.2 

.9 

.8 
6.6 
1.6 

.3 

11.0 
8.5 
6.3 

35.4 

67.7 

4.5 

2.1 

22.9 

9.5 

.9 

1.8 
4.1 
12.5 
8.2 
1.8 
1.2 

1.9 

6.6 
6.1 
6.4 

.1 
3.1 
3.6 
2.9 
1.0 

.8 
6.8 
2.1 

.4 

12.3 

12.0 
7.1 

32.1 

74.3 

5.0 

2.1 

21.2 

9.7 

.9 

2.4 
5.1 
12.9 
9.8 
2.7 
1.1 

2.0 
7.0 
7.0 
6.6 

.2 
4.8 
3.7 
3.0 
1.3 

1.0 
6.2 
2.1 

.4 

13.6 

14.9 

8.4 

25.9 
73.1 
5.3 
2.2 
19.8 
8.7 
1.1 

3.0 
5.9 
14.7 
9.9 
2.6 
1.0 

255.4 

2.6 
6.9 
6.5 
6.6 

.2 
4.0 
3.2 
2.7 
1.2 

.8 
7.3 
2.0 

.3 

13.9 
13.7 

7.8 

21.4 

68.2 

4.0 

2.2 

21.9 

7.8 

.9 

2.7 
6.3 
15.1 
9.3 
2.0 
1.4 

2.7 
7.2 
7.9 
6.6 

.2 
3.5 
3.4 
2.8 
1.3 

.7 
8.2 
2.0 

.3 

12.6 

12.6 

8.8 

15.9 
58.6 
3.6 
2.1 
22.2 
8.4 
1.0 

2.6 
7.5 
14.2 
9.5 
2.0 
1.6 

230.0 

2.5 

6.3 

10.8 

6.8 

.2 
3.9 
3.4 
2.8 
1.4 

.9 
8.8 
1.9 

.4 

11.4 
11.4 

7.1 

13.9 
57.1 
4.7 
2.2 
22.6 
8.6 
1.1 

3.0 
8.4 
14.5 
10.2 
2.2 
1.1 

2.9 
7.1 

18.7 
7.0 

.3 
4.6 
3.9 
3.8 
1.8 

1.5 

18.6 

3.5 

.5 

13.1 

10.1 

6.3 

11.4 

70.5 

6.3 

2.2 

25.4 

10.4 

1.3 

4.8 

13.4 

15.9 

10.3 

.9 

1.0 

3.8 

9.1 

17.5 

6.8 

.3 
9.6 
5.6 
4.5 
1.9 

4.1 

29.6 

5.2 

.5 

18.2 
21.1 
12.0 

10.1 

104.7 

7.8 

2.3 

29.6 

12.8 

1.7 

4.8 
14.2 
16.9 

11.7 

2.0 

.8 

4.4 
11.4 
17.5 

7.7 

.3 

6.0 
8.9 

4.7 
2.0 

5.9 

39.6 

0.3 

.5 

28.1 
34.4 
16.0 

10.7 

137.7 

11.8 

3.3 
34.2 
16.2 

2.0 

6.9 

16.5 

17.7 

12.7 

3.2 

1.1 

467.7 

3.8 

11.0 
13.3 

7.2 

.2 
2.6 
9.2 
4.8 
1.8 

3.8 

34.8 

5.9 

.6 

30.6 
49.1 
20.8 

14.7 

111.4 

12.6 

3.4 
37.8 
16.2 

1.6 

6.1 
16.7 
17.9 
9.5 
4.0 
1.3 

452.7 

2.6 
13.2 

12.0 
7.3 

.2 

7.6 

10.7 

5.0 

1.5 

7.4 
44.3 

7.2 
.7 

37.6 
53.7 

25.7 

13.9 

129.3 

17.6 

2.8 

46.0 

19.2 

1.2 

7.0 

18.4 

20.5 

13.3 

3.7 

1.5 

531.1 

3.2 

11.5 

12.0 

5.7 

.2 

10.6 

Primary  Textiles 

6.4 

Misc.  Textiles 

4.5 

Clothing 

.8 

Wood  Products  (incl.  Legging) 

Pulp  and  Paper 

5.7 
50.5 

Paper  Products 

7.5 

Printing  and  Publishing 

.7 

Iron,  Steel  and  Products 

39.5 

Machinery 

44,7 

Electrical  Machinery  &  Equipment. 
Gold  Mining     

21.8 
13.1 

Other  Non-Ferrous  Metals 

161.2 

Non-Metallic  Minerals  (ex.  Fuels) .  . 
Coal  and  Natural  Gas 

17.1 
2.9 

Petroleum 

62.4 

18.9 

Paints  and  Polishes 

1.6 

Wholesale  Trade  and  Service 

Retail  Trade  and  Service 

6.6 
14.4 

Electric  Utilities 

20.0 

Telephones 

19.3 

Transportation  and  Storage 

Grain  Elevators 

4.4 
2.1 

Total  of  424  Companies 

424 

235.9 

252.5 

242.9 

229.6 

277.5 

369.2 

569.3 

(1)  Compiled  by  Bank  of  Canada.  Includes  those  companies  covered  in  the 
tabulations  on  pages  167  and  168  of  the  October  1951  issue  of  the  Statistical 
Summary  for  which  1951  statements  had  become  available  in  time  for 
publication. 

(2)  For  purposes  of  comparability  any  special  capital  charges  made  against 
income  account  in  company  reports  have  been  added  back  as  well  as 
"contingent"  and  "general"  reserves.  Special  inventory  reserves  (amount- 
ing to  3.8,  8.4,  4.6,  2.1,  2.9,  -2.0,  2.0,  11.8,  7.5,  -,  5.3,  and  -4.3,  in  the  years 


1940-1951  respectively),  whether  shown  by  t he  company  in  operating 
expenses  or  as  an  adjustment  to  earned  surplus,  have  been  deducted  in 
arriving  at  Net  Operating  Profit. 

(3)  Includes  deferred  development  and  depletion  provision  amounting  to 
9.1,  8.9,  8.5,  7.3,  7.5,  7.3,  6.7,  6.9,  8.0,  7.1,  8.3  and  8.4,  in  the  years  1940-1951 
respectively. 

(4)  Including  the  refundable  portion  of  the  Excess  Profits  Tax. 


MAY  1952 


80 


VII— BUSINESS  ACTIVITY 


Dominion  Bureau  of  Statistics 

Production 

Res- 

Value 
of 

Employ- 

Aggregate 

idential 
Con- 

Car 

ment 
Index 

Payrolls 

Index 

News- 

Central 

struction 

Loadings 

Department 

(4) 

«) 

Gold 

Nickel 

Steel 

print 
(i) 

Electric 
Stations'2' 

Contracts 
Awarded  (3) 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions 

Millions 

Fine  Ounces 

Short  Tons 

Short  Tons 

Short  Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939  =  100 

1939  —  100 

AnniialTotala(S) 

1932 

3,044 

15 

380 

2,186 

12,296 

29 

2,180 

254 

(6) 

(6) 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

(6) 

(6) 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

873 

168.0 

321.8 

1951 

4,364 

137 

3,567 

5,516 

51,916 

437 

4,183 

902 

180.1 

381.3 

12-mths.  ending 

Apr.  1952 

4,342 

141 

3,332 

5,594 

53,396 

425 

4,191 

898 

181.9 

398.8 

Monthly 

1951— Mar. 

372.4 

11.6 

314.8 

473.0 

4,397 

32.0 

336 

72.6 

172.3 

353.8 

Apr. 

363.1 

10.5 

312.0 

447.6 

4,229 

49.8 

337 

75.1 

173.3 

357.8 

May 

369.4 

12.4 

313.3 

485.7 

4,409 

52.0 

380 

76.6 

175.6 

367.9 

June 

362.6 

11.8 

293.5 

464.3 

4,243 

50.3 

370 

69.5 

180.3 

379.0 

July 

344.4 

11.8 

274.6 

452.5 

4,206 

43.8 

350 

54.5 

183.6 

392.5 

Aug. 

345.1 

12.2 

286.8 

484.6 

4,317 

35.2 

363 

61.5 

184.3 

394.0 

Sept. 

359.0 

11.6 

268.2 

431.1 

4,149 

30.0 

350 

72.4 

185.1 

400.2 

Oct. 

378.4 

11.7 

309.4 

492.5 

4,512 

29.2 

390 

81.3 

186.5 

410.0 

Nov. 

372.4 

11.5 

307.1 

471.7 

4,473 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

376.0 

11.3 

296.5 

435.3 

4,626 

26.9 

315 

119.8 

186.6 

416.7 

1952— Jan. 

354.6 

11.8 

317.0 

470.5 

4,784 

20.0 

333 

55.2 

181.0 

388.6 

Feb. 

352.7 

10.7 

305.9 

457  8 

4,500 

17.8 

316 

60.2 

177.8 

402.9 

Mar. 

364.7 

12.3 

339.4 

476.5 

4,702 

30.2 

331 

70.2 

178.0 

409.0 

Apr. 

363.1 

12.3 

316.6 

471.2 

4,475 

42.9 

326 

75.1 

177.9 

411.3 

(1)    Source;  Newsprint  Association  of  Canada.    Includes  Newfoundland.  (2)  Total  output  less  exports  and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.  (3)   Source;  McLean  Building  Reports,  Ltd.  (4)  9  Leading  industries.       First  of  month  figures.  (5)  Average  of 

months  in  case  of  Employment  and  Payrolls  Indexes.  (6)  Not  available. 


MILLIONS  Or  DOLLARS 

1200 


PROFIT   STATISTICS    FOR    424   COMPANIES:    1940-51 

riSCAL  YEAR  NEAREST  TO   CALENDAR  YEAR 


PERCENT 

00 


1940    41      42      43     44      45      46      47      48      49       50       51  1940    41       42      43     44      45      46 

(1)    Includes  refundable  portion  of  excess  profits  tax  in  the  years  1942  to  1946  inclusive,  as  shown  in  the  table  on 


47      48      49 

the  facing  page. 


81 


MAY  1952 


VIII— EARNINGS  AND  HOURS  WORKED  IN  CERTAIN  INDUSTRIES" 

HOURLY-RATED  WAGE-EARNERS 

Dominion  Bureau  of  Statistics 


Manufacturing 


Food  & 
Beverages 


Clothing 


Total  Non- 
Durable 


Iron  & 
Steel 


Trans- 
portation 
Equipment 


Total 
Durable 


Total 


Mining 


Con- 
struction 


Services 


Composite 
Total 


Cents 

AVERAGE  HOURLY  EARNINGS'2' 

Aver,  of  Months 

1945 

59.0 

53.0 

60.8 

75.1 

86.9 

76.8 

69.4 

85.0 

73.5 

43.0 

70.0 

1946 

62.5 

56.2 

63.8 

82.7 

87.9 

76.4 

70.0 

87.3 

76.9 

46.0 

71.0 

1947 

70.6 

63.1 

73.4 

95.7 

97.9 

87.2 

80.3 

98.0 

84.6 

52.9 

81.0 

1948 

79.9 

70.7 

84.0 

108.1 

108.1 

98.4 

91.3 

111.1 

94.1 

58.4 

91.8 

1949 

86.0 

76.4 

90.6 

108.4 

116.0 

106.5 

98.6 

117.2 

101.2 

63.6 

99.0 

1950 

89.8 

79.3 

95.2 

115.5 

120.9 

112.0 

103.6 

121.4 

105.6 

65.8 

103.9 

1951 

99.3 

86.0 

107.2 

130.1 

133.8 

125.8 

116.8 

133.4 

117.6 

69.3 

116.7 

1st  of  MonthO) 

1950— Aug. 

88.1 

79.6 

95.8 

116.2 

121.9 

112.5 

104.2 

121.5 

103.8 

64.7 

104.1 

Sept. 

88.4 

80.4 

95.9 

116.6 

122.5 

112.9 

104.4 

121.1 

105.4 

64.5 

104.4 

Oct. 

88.2 

80.8 

96.3 

117.7 

123.9 

114.3 

105.3 

123.1 

107.2 

66.6 

105.6 

Nov. 

91.2 

81.1 

97.5 

118.8 

124.3 

115.2 

106.4 

123.7 

108.8 

67.6 

106.8 

Dec. 

93.6 

80.5 

99.0 

119.9 

125.8 

116.4 

107.8 

124.8 

109.5 

67.6 

108.1 

1951— Jan. 

95.1 

80.6 

100.5 

119.9 

125.5 

117.1 

109.0 

127.1 

109.7 

67.5 

109.1 

Feb. 

95.5 

82.9 

101.2 

122.0 

128.7 

119.0 

110.4 

127.7 

113.5 

67.7 

110.6 

Mar. 

96.6 

84.2 

102.3 

123.6 

129.0 

119.9 

111.4 

130.1 

114.1 

69.6 

111.9 

Apr. 

98.5 

85.1 

103.4 

125.3 

129.5 

121.6 

112.8 

130.5 

115.0 

69.0 

112.9 

May 

98.6 

85.4 

104.6 

127.4 

129.6 

122.9 

114.1 

131.5 

115.4 

69.8 

114.3 

June 

100.4 

85.8 

107.2 

128.8 

130.0 

123.8 

115.9 

131.6 

116.2 

69.3 

115.6 

July 

100.1 

86.7 

109.1 

131.1 

136.6 

127.0 

118.4 

133.3 

117.5 

68.9 

117.8 

Aug. 

99.2 

86.9 

109.4 

133.1 

137.1 

128.2 

119.1 

136.1 

117.7 

68.4 

118.5 

Sept. 

100.8 

87.7 

110.6 

134.8 

137.7 

130.0 

120.6 

137.1 

120.3 

68.3 

120.2 

Oct. 

99.7 

88.6 

111.2 

137.0 

140.5 

132.1 

121.9 

138.2 

122.4 

71.0 

121.8 

Nov. 

102.8 

89.3 

113.0 

138.1 

140.1 

133.3 

123.5 

138.3 

123.9 

71.2 

123.1 

Dec. 

103.9 

89.1 

113.5 

139.6 

141.0 

134.6 

124.5 

139.3 

125.3 

71.3 

124.3 

1952— Jan. 

109.3 

90.2 

116.8 

140.0 

142.9 

136.4 

127.1 

142.6 

123.9 

71.8 

126.2 

Feb. 

108.3 

90.6 

115.7 

142.5 

143.1 

137.5 

127.1 

141.4 

129.0 

72.0 

127.0 

Mar. 

109.4 

91.2 

116.0 

143.3 

144.8 

138.4 

127.8 

143.5 

129.7 

73.3 

127.8 

AVERAGE  HOURS  WORKED  <3> 


Aver,  of  Months 

1945 

43.5 

39.7 

43.8 

45.7 

44.4 

44.7 

44.3 

43.8 

38.9 

43.8 

43.8 

1946 

42.4 

38.7 

42.6 

43.3 

41.7 

42.8 

42.7 

43.2 

38.4 

43.2 

42.3 

1947 

42.0 

38.5 

42.3 

43.5 

42.1 

42.7 

42.5 

42.2 

39.3 

42.5 

42.1 

1948 

42.3 

37.8 

42.0 

43.0 

41.9 

42.2 

42.2 

42.6 

39.2 

42.3 

41.9 

1949 

42.4 

38.2 

42.0 

42.9 

42.2 

42.5 

42.3 

42.6 

39.7 

42.2 

42.0 

1950 

42.6 

38.3 

42.2 

42.4 

42.5 

42.5 

42.3 

43.0 

39.9 

42.5 

42.0 

1951 

42.2 

37.4 

41.7 

42.2 

41.9 

42.0 

41.8 

43.1 

40.3 

42.5 

41.8 

1st  of  MonthO) 

1950— Aug. 

42.8 

37.4 

42.2 

42.5 

43.3 

42.7 

42.5 

43.7 

40.8 

42.5 

42.3 

Sept. 

42.4 

38.5 

42.4 

42.3 

39.5 

41.5 

41.9 

41.7 

40.8 

41.8 

41.7 

Oct. 

42.8 

39.5 

42.8 

43.0 

42.8 

43.0 

42.9 

43.1 

41.0 

42.5 

42.6 

Nov. 

42.8 

39.9 

43.0 

43.4 

42.5 

43.1 

43.0 

43.9 

40.7 

42.5 

42.7 

Dec. 

43.0 

39.8 

43.1 

43.2 

42.8 

43.1 

43.1 

43.9 

40.1 

42.7 

42.7 

1951— Jan. 

40.4 

35.0 

39.9 

40.3 

41.2 

40.2 

40.1 

40.5 

35.0 

42.0 

39.5 

Feb. 

42.3 

39.3 

42.6 

42.5 

44.5 

43.1 

42.9 

44.1 

40.1 

42.9 

42.7 

Mar. 

42.0 

39.0 

42.2 

42.0 

43.3 

42.5 

42.3 

43.7 

40.6 

42.4 

42.2 

Apr. 

41.8 

38.7 

42.1 

42.4 

42.6 

42.3 

42.2 

42.5 

39.0 

42.5 

41.9 

May 

42.2 

38.9 

42.5 

43.0 

42.2 

42.6 

42.5 

43.4 

39.8 

42.6 

42.2 

June 

42.3 

37.1 

41.6 

42.2 

42.4 

42.1 

41.9 

43.0 

39.6 

42.5 

41.7 

July 

42.5 

35.8 

41.4 

42.5 

40.9 

42.0 

41.7 

43.3 

40.7 

42.8 

41.7 

Aug. 

42.3 

36.4 

41.3 

41.9 

39.8 

41.4 

41.4 

43.0 

41.5 

42.5 

41.6 

Sept. 

41.8 

37.3 

41.4 

41.8 

41.5 

41.7 

41.5 

42.2 

41.7 

42.7 

41.6 

Oct. 

43.0 

37.8 

41.8 

42.2 

41.4 

42.0 

41.9 

43.9 

42.4 

42.5 

42.1 

Nov. 

42.7 

36.8 

41.5 

42.4 

41.7 

42.1 

41.8 

43.5 

41.5 

42.4 

41.9 

Dec. 

42.6 

36.8 

41.6 

42.6 

41.2 

42.2 

41.9 

44.2 

41.5 

42.6 

42.0 

1952— Jan. 

39.0 

31.1 

37.9 

38.7 

38.8 

38.3 

38.1 

40.2 

35.4 

41.4 

38.0 

Feb. 

41.4 

37.6 

41.2 

42.3 

41.6 

41.9 

41.6 

43.0 

41.6 

42.6 

41.7 

Mar. 

41.7 

38.7 

41.5 

42.1 

41.6 

41.8 

41.7 

42.6 

42.7 

42.7 

41.9 

(1)  Covers  establishments  usually  employing  not  less  than  IS  persons  and  includes  overtime  and  part-time  workers. 

(2)  Gross  earnings  before  deductions  for  taxes,  unemployment  insurance,  etc. 

(3)  As  reported  for  the  last  week  of  the  previous  month. 
*  Not  available. 


MAY  1952 


VIII— EARNINGS  AND  HOURS  WORKED  IN  CERTAIN  INDUSTRIES <!) 

HOURLY-RATED  WAGE-EARNERS 

Dominion  Bureau  of  Statistics 


82 


Manufacturing 


Food  & 
Beverages 


Clothing 


Total  Non- 
Durable 


Iron  & 
Steel 


Trans- 
portation 
Equipment 


Total 
Durable 


Total 


Mining 


Con- 
struction 


Services 


Composite 
Total 


Dollars 

WERAGE  WEEKLY  EARNINGS'2* 

Aver,  of  Months 

1945 

25.67 

21.04 

26.53 

* 

38.58 

34.28 

30.71 

37.23 

28.59 

18.83 

30.65 

1946 

26.50 

21.75 

27.18 

35.81 

36.65 

32.70 

29.87 

37.71 

29.53 

19.87 

30.05 

1947 

29.65 

24.29 

31.05 

41.63 

41.22 

37.23 

34.13 

41.36 

33.25 

22.48 

34.10 

1948 

33.80 

26.72 

35.28 

46.48 

45.29 

41.62 

38.53 

47.33 

36.89 

24.70 

38.45 

1949 

36.46 

29.18 

38.05 

50.41 

48.95 

45.26 

41.71 

49.93 

40.18 

26.84 

41.54 

1950 

38.25 

30.37 

40.17 

48.97 

51.38 

47.60 

43.82 

52.20 

42.13 

27.97 

43.65 

1951 

41.86 

32.18 

44.64 

54.83 

56.01 

52.86 

48.87 

57.52 

47.43 

29.49 

48.73 

1st  of  Month(3) 

1950— Aug. 

37.71 

29.77 

40.43 

49.39 

52.78 

48.04 

44.29 

53.10 

42.35 

27.50 

44.05 

Sept. 

37.48 

30.95 

40.66 

49.32 

48.39 

46.85 

43.74 

50.50 

43.00 

26.96 

43.55 

Oct. 

37.75 

31.92 

41.22 

50.61 

53.03 

49.15 

45.17 

53.06 

43.95 

28.31 

45.00 

Nov. 

39.03 

32.36 

41.93 

50.37 

52.83 

49.65 

45.75 

54.30 

44.28 

28.73 

45.60 

Dec. 

40.25 

32.04 

42.67 

51.80 

53.84 

50.17 

46.46 

54.79 

43.91 

28.87 

46.14 

1951— Jan. 

38.42 

28.21 

40.10 

48.32 

51.71 

47.07 

43.71 

51.48 

38.40 

28.35 

43.11 

Feb. 

40.40 

32.58 

43.11 

51.85 

57.27 

51.29 

47.36 

56.32 

45.51 

29.04 

47.23 

Mar. 

40.57 

32.84 

43.17 

51.91 

55.86 

50.96 

47.12 

56.85 

46.32 

29.51 

47.22 

Apr. 

41.17 

32.93 

43.53 

53.13 

55.17 

51.44 

47.60 

55.46 

44.85 

29.33 

47.31 

May 

41.61 

33.22 

44.46 

54.78 

54.69 

52.36 

48.49 

57.07 

45.93 

29.73 

48.23 

June 

42.47 

31.83 

44.60 

54.35 

55.12 

52.12 

48.56 

56.59 

46.02 

29.45 

48.19 

July 

42.54 

31.04 

45.17 

55.72 

55.87 

53.34 

49.37 

57.72 

47.82 

29.49 

49.13 

Aug. 

41.96 

31.63 

45.18 

55.77 

54.57 

53.07 

49.31 

58.52 

48.85 

29.07 

49.28 

Sept. 

42.13 

32.71 

45.79 

56.35 

57.15 

54.21 

50.05 

57.86 

50.17 

29.16 

49.99 

Oct. 

42.87 

33.49 

46.48 

57.81 

58.17 

55.48 

51.08 

60.67 

51.90 

30.18 

51.28 

Nov. 

43.90 

32.86 

46.90 

58.55 

58.42 

56.12 

51.62 

60.16 

51.42 

30.19 

51.58 

Dec. 

44.26 

32.79 

47.22 

59.47 

58.09 

56.80 

52.17 

61.57 

52.00 

30.37 

52.21 

1952— Jan. 

42.63 

28.05 

44.27 

54.18 

55.45 

52.24 

48.43 

57.33 

43.86 

29.73 

47.94 

Feb. 

44.84 

34.07 

47.67 

60.28 

59.53 

57.61 

52.87 

60.80 

53.66 

30.67 

52.94 

Mar. 

45.62 

35.29 

48.14 

60.33 

60.24 

57.85 

53.29 

61.13 

55.38 

31.30 

53.53 

See  footnotes  on  facing  page. 


EARNINGS   AND    HOURS   WORKED    IN    CERTAIN    INDUSTRIES* 


WEEKLY    WAGES   AND   HOURS   WORKED 


FIRST  OF   MONTH   FIGURESf 

HOURLY  EARNINGS  WEEKLY  WAGES  AND  HOURS  WORKEO 


HOURLY  EARNINGS 


MINING 


50 


45 1 "C  HOURS   WORKED 

40 


HOURLY  EARNINGS 
IN  CURRENT  DOLLARS 


1.50 


.35 


1.20 


JASONDJFMAMJ    JA    SONDJFMAMJ 
1950  1951  1952 


JASONDJFMAMJJASONDJFMAMJ 
1950  1951  1952 


WEEKLY  WACES  AND  HOURS  WORKED 


HOURLY  EARNINGS 


WEEKLY    WAGES  ANO   HOURS  WORKED 


HOURLY   EARNINGS 


130        45.0 


37.5 


00        30.0 


JASONDJFMAMJJASONDJFMAMJ'         "JASONDJFMAMJJASONDJFMAMJ 

1950  1951  1952  1950  1951  1952 

*  Hourly-rated  wage-earners.         t  First  of  month  figures  for  the  last  week  of  the  previous  month.    So  far  as  hours  worked  and  weekly 

wages  are  concerned  Jan.  1st  figures  are  affected  by  loss  of  working  time  during  the  holiday  season   and   the  average  of  Dec.  1st  and 

Feb.  1st  has  been  used.         (1)  Current  dollars  divided  by  D.B.S.  cost  of  living  index  on  base  1949  =  100. 


83 


MAY  1952 


IX— WHOLESALE  PRICES 
CANADA 

Dominion  Bureau  of  Statistics 


U.S.A. 

Bureau  of  Labour  Statistics 


U.K. 

Bd.  Trade 


Aver,  of  Mths. 

1926 
1939 
1947 
1948 
1949 
1950 
1951 
Monthly 
1951— Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1952— Jan. 
Feb. 
Mar. 
Apr. 


Farm  Products(1) 


Fieldf 


Animal 


Total  f 


Raw  and 
Partly 
Manu- 
factured 


Fully  & 
Chiefly 
Manu- 
factured 


158.5 
83.7 
184.1 
200.6 
191.9 
191.9 
193.4 

195.5 

198.8 

199.2 

194.6 

192.0 

195.4 

178.3f 

181.7 

188.1 

201.4 

204.4 

208.0 
205.1 
213.3 
217.1 


Index  1935 -39  =  100 


Total 


130.2 

144.4 

129.1 

133.0 

101.5 

92.6 

94.9 

101.9 

200.2 

192.2 

164.3 

162.4 

263.7 

232.1 

196.3 

192.4 

265.4 

228.7 

197.1 

199.2 

281.4 

236.7 

212.8 

211.0 

336.9 

265.1 

237.9 

242.4 

329.6 

262.5 

237.1 

240.1 

347.1 

272.9 

239.4 

244.0 

331.6 

265.4 

239.2 

244.8 

336.1 

265.3 

239.3 

244.3 

353.1 

272.6 

244.0 

243.6 

358.9 

277.1 

242.5 

245.6 

348.3 

263 .3  f 

237.1 

245.0 

339.2 

260.5 

235.7 

243.7 

330.4 

259.3 

236.3 

242.7 

328.5 

264.9 

237.1 

241.5 

328.9 

266.7 

236.0 

239.8 

318.2 

263.1 

233.3 

239.7 

297.3 

251.2 

227.8 

236.2 

283.3 

248.3 

225.5 

234.6 

273.7 

245.4 

221.3 

230.7 

130.3 
99.2 
163.3 
193.4 
198.3 
211.2 
240.2 

238.6 
241.9 
242.4 
241.9 
243.0 
243.7 
241.4 
240.0 
239.6 
239.1 
237.7 

236.8 
232.6 
230.8 
226.9 


Farm 
Products 


Pro- 
cessed 
Foods 


All  Other 

Com- 
modities 


Total 


Index  1947-49  =  100 


100.0 

107.3 

92.8 

97.5 

113.4 

117.2 
117.6 
117.5 
115.7 
113.9 
111.1 
110.4 
109.9 
111.5 
112.0 
111.3 

110.0 
107.8 
108.2 
108.7 


* 

71.5 

* 

58.1 

98.2 

95.3 

106.1 

103.4 

95.7 

101.3 

99.8 

105.0 

111.4 

115.9 

112.9 

117.2 

112.0 

117.3 

111.8 

117.1 

112.3 

116.8 

111.3 

116.2 

110.7 

115.7 

111.2 

114.9 

110.9 

114.8 

111.6 

114.6 

111.0 

114.5 

110.7 

114.6 

110.1 

114.3 

109.5 

114.2 

109.2 

113.8 

108.0 

113.4 

65.0 

50.1 

96.4 

104.4 

99.2 

103.1 

114.8 

116.5 
116.5 
116.3 
115.9 
115.1 
114.2 
113.7 
113.4 
113.7 
113.6 
113.5 

113.0 
112.5 
112.3 
111.9 


Total 


(2) 


124.2 
95.7 
184.1 
199.4 
189.4 
196.9 
219.3 

222.5 
222.5 
222.1 
221.4 
219.8 
218.1 
217.2 
216.6 
217.2 
217.0 
216.8 

215.8 
214.9 
214.5 
213.7 


Total 


(3) 


124.8 
103.5 
193.2 
220.9 
231.6 
264.2 
321.8 

307.8 
315.8 
321.0 
322.0 
323.2 
322.2 
325.9 
327.5 
331.1 
330.9 
332.5 

337.3 
331.7 
335.3 
332.0 


(1)  An  independent  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index".  Prices  include  subsidies.  (2)  Adjusted  to 
1935-39  =  100  from  base  1947-49  =  100.  (3)  Adjusted  to  1935-39  =  100  from  base  1913  =  100  in  1926  and  from  base  1930=100  thereafter.  t  Participation 
payments  are  included  from  Feb.  to  July  1951  and  initial  payments  only,  where  applicable,  thereafter.      *  Not  available. 


Index  1935-39=- 100 


X— COST  OF  LIVING 

Dominion  Bureau  of  Statistics 


(i) 


Food 

Fuel  and 
Lighting 

Clothing 

Rent 

Home 
Furnishings 
and  Services 

Miscellaneous 

Total 
Index 

Weighting 

31 

6 

12 

19 

9 

23 

100 

Average  of  Months 

1932 

85.7 

106.8 

100.6 

109.7 

100.4 

99.0 

1937 

103.2 

98.9 

101.4 

99.7 

101.5 

100.1 

101.2 

1946 

140.4 

107.4 

126.3 

112.7 

124.5 

112.6 

123.6 

1947 

159.5 

115.9 

143.9 

116.7 

141.6 

117.0 

135.5 

1948 

195.5 

124.8 

174.4 

120.7 

162.6 

123.4 

155.0 

1949 

203.0 

131.1 

183.1 

123.0 

167.6 

128.8 

160.8 

1950 

210.9 

138.3 

182.3 

132.9 

169.2 

132.6 

166.5 

1951 

241.1 

147.1 

203.1 

140.0 

194.4 

141.3 

184.5 

First  of  Month 

1950— Dec. 

218.8 

140.7 

184.9 

136.4 

176.4 

134.1 

171.1 

1951— Jan. 

220.2 

141.5 

187.1 

136.4 

179.8 

135.8 

172.5 

Feb. 

224.4 

141.7 

192.4 

136.4 

185.1 

137.0 

175.2 

Mar. 

233.9 

146.5 

196.3 

137.6 

188.6 

137.8 

179.7 

Apr. 

238.4 

146.7 

198.8 

137.6 

190.7 

138.8 

181.8 

May 

235.4 

146.2 

201.5 

137.6 

194.9 

140.7 

182.0 

June 

239.8 

146.2 

202.5 

139.8 

197.1 

141.0 

184.1 

July 

249.7 

147.2 

202.9 

139.8 

197.4 

142.2 

187.6 

Aug. 

251.4 

148.2 

204.6 

139.8 

199.0 

143.7 

188.9 

Sept. 

251.1 

149.5 

206.9 

142.7 

199.1 

144.0 

189.8 

Oct. 

249.7 

150.2 

213.8 

142.7 

200.1 

144.3 

190.4 

Nov. 

250.2 

150.8 

214.6 

144.8 

199.9 

144.9 

191.2 

Dec. 

249.3 

150.8 

215.5 

144.8 

200.6 

144.9 

191.1 

1952— Jan. 

250.0 

151.2 

215.3 

144.8 

201.1 

145.7 

191.5 

Feb. 

248.1 

151.3 

213.0 

144.8 

200.1 

146.5 

190.8 

Mar. 

241.7 

152.5 

211.2 

146.3 

200.8 

146.9 

189.1 

Apr. 

240.2 

152.5 

210.4 

146.3 

200.5 

147.9 

188.7 

May 

235.3 

150.6 

210.1 

146.3 

198.2 

147.4 

186.7 

(1)   Components  were  selected  and  weighted  on  the  basis  of  1938  family  incomes  ranging  from  $45O-$2,50O,  with  incomes  between  $1,000- $1,600  most  common. 


MAY  1952 


84 


Thousands 


XI— POPULATION  STATISTICS 

Dominion  Bureau  of  Statistics 


As  at  June  1 


1871'1'   !       1881<" 


1891'1' 


1901<" 


1911 


1921 


1931 


1941 


1951 


By  Provinces  and  Territories 


Newfoundland*2' 

Prince  Edward  Island.  . 

Nova  Scotia 

New  Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta 

British  Columbia 

Yukon 

Northwest  Territories'6' 

CANADA"' 


4,325 


202 
109 
450 
321 
1,489 
2,114 
153 

(4) 
(4) 

98 

(4) 

99 
4,833 


221 

103 

460 

331 

1,649 

2,183 

255 

91 

73 

179 

27 

20 

5,371 


243 

94 

492 

352 

2,006 

2,527 

461 

492 

374 

392 

9 

7 

7,207 


263 

89 

524 

388 

2,361<3> 

2,934 

610 

758 

588 

525 

4 

8 

8,788 


290<2> 

88 

513 

408 

2,875 

3,432 

700 

922 

732 

694 

4 

9 

10,377 


322 

95 

578 

457 

3,332 

3,788 

730 

896 

796 

818 

5 

12 

11,507 


361 

98 

643 

516 

4,056 

4,598 

777 

832 

940 

1,165 

9 

16 

14,009 


By  Age  Groups 

0  -    4    Years .  .  . 

590 

604 

643 

887 

1,058 

1,073 

1,050 

1,722 

5-9         "    ... 

555 

586 

616 

783 

1,049 

1,131 

1,044 

1,398 

10-14         "     ... 

507 

549 

580 

700 

913 

1,073 

1,099 

1,131 

15-19         "     ... 

477 

513 

553 

680 

802 

1,039 

1,119 

1,058 

20-24         "     ... 

429 

473 

509 

706 

711 

911 

1,031 

1,089 

25-34         "     ... 

593 

708 

786 

1,213 

1,339 

1,494 

1,807 

2,174 

35-44         "     ... 

422 

502 

621 

858 

1,159 

1,334 

1,434 

1,868 

45-54         "     ... 

310 

367 

443 

616 

797 

1,073 

1,225 

1,407 

55-64         "     ... 

207 

250 

302 

391 

519 

661 

913 

1,077 

65  years  and  over 

176 

219 

269 

334 

419 

576 

767 

1,086<" 

CANADA"' <" 

3,689<" 

4,325 

4,833 

5,371 

7,207 

8,788 

10,377 

11,507 

14,009 

(1) 

(2) 


(3) 


(4) 
(5) 


As  at  Apr.  2,  1871,  Apr.  4,  1881,  Apr.  5,  1891  and  Apr.  1.  1901. 
Including  Labrador.   Data  under  years  1871.  1881  and  1931  for  Newfound- 
land refer  to  1874.  1884  and  1935  respectively.  (6) 
Revised  in  accordance  with  the  Labrador  Awards  of   the  Privy  Council,        (7) 
Mar.  1,  1927.                                                                                                                      (8) 
Included  with  the  Northwest  Territories. 
Decreases  in  population  since   1891   arc  due  to   the  creation  of  Alberta,        (9) 


Saskatchewan  and  the  Yukon  and  the  extensions  of  Quebec,  Ontario  and 

Manitoba,  under  the  Boundaries  Extension  Acts  of  1912. 

Excludes  Newfoundland  prior  to  1951  census. 

Age  group  65-69  was  433,  and  70  and  over  was  653  in  1951  census. 

Includes  persons  with  ages  not  stated  from   1881  to  1941  inch,  amounting 

to  59,  62,  49,  39,  22,  12,  and  18  respectively. 

Detail  not  available. 


PERCENT 

100 


POPULATION  :    PERCENTAGE    DISTRIBUTION 
BY   PROVINCES   AND  AREAS  BY  AGE  GROUPS' 


20-34   YEARS; 


1871         1881        1891         1901         1911         1921         1931         1941         1951      1881 
(1)  Saskatchewan  and  Alberta  are  included  with  the  N.W.T.  in  1871,  1881  and  1891. 


391  1901  1911  1921  1931  1941 

(2)  Newfoundland  is  included  in  1951  census  only. 


PERCENT 

100 


80 


60 


40 


20 


0 

1951 


85 


MAY  1952 


Millions  of  Dollars 


XII— NET  INCOME  OF  FARM  OPERATORS  FROM  FARM  OPERATIONS0' 

Dominion  Bureau  of  Statistics 


P.E.I. 


N.S. 


N.B. 


Que. 


Ont. 


Man. 


Sask. 


Alta. 


B.C. 


Canada 


1950 


1951* 


Cash  Income'2' 

21.8 

5.1 

.4 

39.5 

15.5 

1.1 

46.9 

16.6 

.4 

361.0 

88.1 

8.4 

678.5 

115.4 

30.4 

195.4 
28.5 
17.8 

408.3 
55.6 
51.8 

368.0 
45.2 
23.5 

100.3 

13.5 

2.3 

2,219.6 
383.5 

Inventory  Changes 

130.7 

Gross  Income 

Operating  and  Depreciation . . 

27.3 
14.4 

56.1 
32.5 

63.1 
29.6 

457.5 
205.5 

824.4 
364.8 

241.7 
115.7 

515.6 

258.6 

436.7 
205.6 

111.5 
69.3 

2,733.8 
1,296.0 

Net  Income  (ex.  supp.  pay.) 
Supplementary  Payments .  . 
Net  Income  of 

Farm  Operators 

12.9 

23.6 

33.5 

252.0 

459.6 

126.0 
.3 

257.0 
8.2 

231.2 
5.3 

42.2 

1,437.9 
13.8 

12.9 

23.6 

33.5 

252.0 

459.6 

126.3 

265.2 

236.4 

42.2 

1,451.7 

Cash  Income*2' 

Income  in  kind 

Inventory  Changes 

26.8 

5.9 

.3 

45.2 

17.1 

.8 

49.4 

18.3 

.6 

433.4 

102.4 

23.3 

793.7 

129.2 

54.3 

260.7 
31.1 
11.1 

626.6 

60.5 

148.4 

470.4 

49.8 

114.1 

119.3 

15.1 

1.4 

2,825.5 
429.4 
353.7 

Gross  Income 

Operating  and  Depreciation . . 

32.5 
14.9 

63.1 
35.5 

68.3 
30.6 

559.0 

221.4 

977.2 
398.7 

302.9 
120.8 

835.5 
276.6 

634.3 
227.4 

135.8 

71.7 

3,608.6 
1,397.7 

Net  Income  (ex.  supp.  pay.) 
Supplementary  Payments.  . 
Net  Income  of 

Farm  Operators 

17.6 

27.7 

37.6 

337.6 

578.5 

182.0 
.4 

558.9 
5.5 

406.9 

4.2 

64.1 
.2 

2,210.9 
10.4 

17.6 

27.7 

37.6 

337.6 

578.5 

182.4 

564.4 

411.1 

64.3 

2,221.2 

(1)  Includes  estimated  rental  value  of  farm   homes  and  supplementary   payments  made  under   the  provision  of  the  Prairie  Farm  Assistance  Act.      Excludes 
Newfoundland. 

(2)  Includes  wheat  and  coarse  grain  at  the  initial  price,  plus  retroactive  participation  and  equalization  payments  in  the  year  in  which  payments  take  place. 
*     Preliminary. 

INDEX  OF  PHYSICAL  VOLUME  OF  AGRICULTURAL  PRODUCTION:  CANADA  AND  U.S.A. 


INDEX    1935-39  =  100 

170 


1935 


NDEX   1935-39=100 

170 


1939 


1943 


1947 


1949 


1951  + 


(1)    Source:  "Agricultural  Statistics,  1951"  and  "The  Agriculture  Situation";  U.S.  Dept.  of  Agriculture. 
*      Preliminary. 


MAY  1952 


Index  1935-39  =  100 


86 


XIII— FARM  OPERATING  AND  LIVING  COSTS 

Dominion  Bureau  of  Statistics 


Commodities  Used  by  Farmers 

"B" 

(i) 

"C" 

(2) 

Imple- 
ments 

Fertilizer 

Seed 

Gasoline, 
Oil  & 
Grease 

Building 
Material 

Hardware 

Feed 

Binder 
Twine 

"A" 

(Total  8 

Com- 
modities) 

Farm 
Living 
Costs 

Annual  Average 

1935 
1936 
1937 
1938 
1939 

95.5 

97.8 

97.2 

104.1 

103.6 

97.0 

98.2 

101.4 

103.3 

100.2 

90.4 

100.4 

133.2 

96.7 

79.4 

105.1 

101.7 

99.7 

97.4 

96.2 

87.1 
97.3 

108.7 
98.7 

108.1 

96.4 

96.7 

101.0 

104.3 

101.6 

93.5 

97.6 

127.6 

100.8 

80.5 

89.6 
100.8 
106.4 
109.2 

93.8 

95.6 

98.7 

108.4 

101.2 

95.7 

96.9 

98.8 

105.8 

101.1 

97.0 

95.4 

98.1 

105.3 

101.7 

99.3 

97.9 

98.3 

102.9 

101.9 

99.5 

1945— Jan. 
Apr. 
Aug. 

115.1 
115.1 
115.1 

112.9 
112.9 
112.9 

137.2 
138.8 
139.5 

114.1 
114.1 
114.4 

175.2 
175.1 
174.2 

119.8 
120.0 
119.3 

127.0 
127.8 
128.1 

126.4 
126.4 
126.4 

125.7 
126.0 
126.0 

122.7 
122.9 
122.9 

146.1 
153.4 
156.9 

122.9 
123.1 
123.7 

1946— Jan. 
Apr. 
Aug. 

117.4 
117.4 
121.6 

112.9 
112.9 
115.8 

142.5 
145.0 
142.6 

114.4 
117.3 
117.4 

174.3 
175.4 
176.0 

119.3 
120.3 
122.8 

127.9 
128.2 
128.9 

126.4 
126.4 
126.4 

126.8 
127.9 
129.4 

124.4 
125.2 
126.3 

149.7 
158.7 
162.7 

124.7 
126.1 
130.5 

1947— Jan. 
Apr. 
Aug. 

128.1 
125.4 
125.4 

120.3 
120.3 
120.8 

146.0 
168.9 
189.9 

117.7 
122.4 
123.6 

177.4 
178.8 
204.0 

124.0 
128.2 
136.9 

130.2 
142.7 
146.5 

126.4 
226.2 
226.2 

132.2 
140.1 
146.3 

130.4 
136.3 
141.0 

159.4 
172.2 
179.5 

132.3 
136.1 
146.5 

1948— Jan. 

Apr. 
Aug. 

138.8 
138.8 
147.3 

131.2 
131.2 
132.2 

252.2 
241.2 
223.4 

134.0 
137.0 
139.7 

217.7 
222.6 
234.0 

142.4 
156.1 
159.4 

202.4 
201.3 
208.2 

226.2 
294.0 
294.0 

169.8 
172.9 
176.7 

160.2 
162.5 
165.4 

189.3 
198.5 
204.4 

155.3 
163.7 
169.5 

1949— Jan. 
Apr. 
Aug. 

157.9 
158.3 
158.6 

141.4 
141.3 
141.3 

218.5 
213.2 
204.8 

139.2 
139.2 
139.4 

237.5 
237.4 
236.5 

162.6 
165.9 
165.8 

209.0 
208.3 
211.3 

294.0 
304.7 
304.7 

180.3 
180.4 
180.2 

170.0 
170.1 
169.9 

200.5 
205.2 
206.5 

171.8 
173.3 
174.5 

1950— Jan. 
Apr. 
Aug. 

164.2 
164.6 
166.4 

146.6 
146.7 
147.7 

212.6 
246.7 
225.4 

143.9 
145.1 
146.4 

238.2 
246.9 
279.9 

165.8 
168.0 
170.9 

215.1 
228.2 
232.7 

304.7 
298.0 
298.0 

184.4 
191.0 
194.3 

174.4 
179.4 
181.8 

199.6 
213.0 
218.6 

175.3 
176.7 
180.7 

1951— Jan. 
Apr. 
Aug. 

183.8 

187.4 
189.2 

152.8 
157.6 
168.3 

247.9 
265.0 
223.3 

145.6 
146.6 
149.2 

288.0 
298.4 
301.8 

174.3 
185.5 
202.6 

226.0 
234.0 
224.6 

298.0 
364.6 
364.6 

201.0 
209.4 
207.5 

188.6 
195.0 
193.6 

218.3 
233.8 
237.7 

184.1 
197.1 

214.7 

1952— Jan. 

195.6 

173.1 

252.8 

149.8 

303.2 

204.4 

242.1 

448.3 

218.1 

201.6 

236.5 

215.8 

(1)  "B"  equals  "A"  (8  commodities  used  by  farmers)  plus  tax  rates  and  interest  rates.     (2)  "C"  equals  "B"  plus  farm  wage  rates. 


XIV— INDEX  NUMBERS  OF  PHYSICAL  VOLUME  OF  AGRICULTURAL  PRODUCTION" 

Index  1935-39  =  100  Dominion  Bureau  of  Statistics 


P.E.I. 

N.S. 

N.B. 

Que. 

Ont. 

Man. 

Sask. 

Alta. 

B.C. 

Canada 

1935 

90.5 

99.2 

93.7 

93.6 

98.7 

77.2 

106.9 

87.3 

91.2 

95.2 

1936 

102.2 

98.2 

105.1 

99.3 

90.2 

66.8 

83.9 

71.0 

94.8 

85.1 

1937 

99.6 

104.4 

105.5 

97.6 

102.1 

115.0 

31.1 

81.1 

101.1 

83.7 

1938 

102.1 

100.5 

94.5 

97.6 

101.1 

113.8 

103.1 

129.1 

102.5 

107.4 

1939 

105.6 

97.7 

101.1 

111.9 

108.0 

127.2 

175.0 

131.5 

110.4 

128.7 

1941 

90.6 

91.3 

101.9 

106.2 

107.4 

133.9 

110.1 

100.9 

113.4 

108.7 

1942 

121.9 

88.5 

104.0 

121.7 

125.0 

174.2 

247.8 

184.2 

99.9 

164.2 

1943 

102.7 

89.6 

133.2 

112.3 

89.4 

152.2 

138.1 

104.6 

114.7 

113.7 

1944 

119.2 

107.3 

136.8 

131.1 

114.0 

145.1 

196.4 

125.1 

140.0 

140.4 

1945 

121.3 

80.7 

106.7 

100.7 

107.6 

116.8 

129.3 

97.6 

131.1 

110.9 

1946 

123.6 

100.3 

119.6 

112.2 

117.6 

139.1 

138.7 

122.7 

151.9 

125.6 

1947 

128.9 

86.7 

119.0 

102.6 

107.7 

122.1 

128.2 

115.8 

146.8 

116.0 

1948 

133.3 

91.8 

124.3 

121.6 

119.0 

143.8 

131.8 

118.5 

143.7 

125.1 

1949 

158.8 

105.1 

145.8 

126.4 

124.9 

125.7 

128.1 

98.1 

148.7 

122.3 

1950 

147.5 

105.0 

137.0 

135.5 

131.6 

138.4 

168.1 

126.5 

134.4 

139.5 

1951 

123.6 

94.5 

115.1 

144.9 

133.2 

142.9(2) 

214.9<2> 

161.4<2> 

134.5 

157.1(2) 

(1)  Adjusted  to  exclude  possible  duplication.  Excludes  Newfoundland. 

(2)  If  allowance  is  made  for  the  low  quality  of  the  1951-52  western  wheat  crop,  the  index  for  Manitoba,  Saskatchewan,  Alberta,  and  Canada  should  be  reduced 
by  approximately  .2,  .7,  .8  and  .3  respectively. 


87 


MAY  1952 


Thousands  of  Short  Tons 


XV— NEWSPRINT  :  NORTH  AMERICA 

Newsprint  Association  of  Canada 


SU  PPLY 

ESTIMATED  CONSUMPTION 

STOCKS 

Production 

Imports 

from 
Europe 

<i) 

Net 

(i) 

Exports 

Total 

U.S. 

Canadian 

Increase 

Canada 

U.S.A. 

Total 

Overseas 

Supply 

Publishers 

Publishers 

Total 

or 
Decrease 

Calendar  Years 

1935 

3,083 

912 

3,995 

197 

734 

3,459 

3,345 

200 

3,545 

86 

1937 

3,998 

946 

4,944 

294 

771 

4,466 

3,825 

220 

4,045 

421 

1947 

4,820 

826 

5,646 

129 

709 

5,065 

4,753 

275 

5,028 

37 

1948 

4,983 

867 

5,850 

267 

542 

5,576 

5,141 

306 

5,447 

129 

1949 

5,176 

900 

6,076 

255 

463 

5,868 

5,529 

335 

5,865 

3 

1950 

5,279 

1,015 

6,293 

170 

223 

6,241 

5,937 

355 

6,292 

51 

1951 

5,516 

1,125 

6,641 

206 

378 

6,469 

5,975 

360 

6,335 

135 

12-mths.  ending 

Apr.  1952 

5,594 

1,150 

6,744 

205 

459 

6,490 

5,987 

362 

6,349 

141 

Monthly 

1951— Jan. 

453.0 

93.0 

546.0 

19.5 

19.3 

546.2 

457.7 

28.4 

486.1 

60.1 

Feb. 

425.1 

84.6 

509.7 

13.9 

12.6 

511.0 

445.8 

28.1 

473.9 

37.1 

Mar. 

473.0 

94.3 

567.2 

16.3 

33.0 

550.5 

522.4 

32.0 

554.4 

3.9 

Apr. 

447.6 

89.1 

536.7 

14.1 

15.3 

535.5 

544.0 

27.7 

571.7 

36.2 

May 

485.7 

96.7 

582.4 

14.2 

32.2 

564.3 

534.1 

32.4 

566.5 

2.1 

June 

464.3 

94.3 

558.7 

22.2 

33.0 

547.8 

483.9 

29.2 

513.1 

34.7 

July 

452.5 

92.5 

544.9 

14.2 

29.4 

529.7 

441.6 

29.1 

470.7 

59.0 

Aug. 

484.6 

101.6 

586.1 

22.7 

44.2 

564.6 

456.3 

29.9 

486.1 

78.5 

Sept. 

431.1 

90.7 

521.8 

14.9 

32.8 

503.9 

505.2 

28.5 

533.7 

29.8 

Oct. 

492.5 

100.3 

592.8 

22.5 

34.3 

581.0 

536.8 

33.0 

569.8 

11.2 

Nov. 

471.7 

95.8 

567.6 

21.7 

50.7 

538.5 

533.5 

30.6 

564.2 

25.7 

Dec. 

435.3 

91.8 

527.1 

10.2 

41.1 

496.2 

513.6 

30.9 

544.6 

48.4 

1952— Jan. 

470.5 

97.2 

567.7 

15.6 

43.0 

540.3 

460.4 

28.8 

489.2 

51.1 

Feb. 

457.8 

94.8 

552.6 

15.9 

34.8 

533.7 

464.8 

28.8 

493.7 

40.0 

Mar. 

476.5 

99.6 

576.1 

16.3 

44.9 

547.5 

532.3 

31.0 

563.3 

15.8 

Apr. 

471.2 

94.8 

566.0 

14.5 

38.1 

542.4 

524.6 

29.7 

554.3 

11.9 

(1)  Includes  Newfoundland. 


NEWSPRINT:    PRODUCTION,    CONSUMPTION,    DISTRIBUTION    AND    EXPORT    PRICE 

CANADIAN    PRODUCTION'" 


000  SHORT    TONS 

5600 


DISTRIBUTION  OF  CANADIAN   SHIPMENTS'" 

RUNNING  12- MONTH  TOTALS  PERCENT 

100 


80 


NORTH  AMERICA  =  SUPPLY'2,AND  CONSUMPTION 

000    SHORT    TONS 


60 
40 
20 
0 


NEWSPRINT  EXPORT  PRICE  IN  CANADIAN  DOLLARS'3' 

CANADIAN   DOLLARS    PER  SHORT  TON 


U.iJJ 


^ 


EI 


130 


10 


90 


70 


1950  195/  1952  1946         1947  1948         1949  1950  1951  1952 

Includes  Newfoundland.  (2)  Canadian  and  U.S.  production  plus  imports  less  exports.  (3)  Prices  are  the  Canadian  dollar  equivalents 

at  the  monthly  noon  average  exchange  rates  of  the  U.  S.  dollar  contract  prices,  monthly  average  of  Tuesday  quotations,  for  standard  news- 
print rolls  New  York  basis  freight  allowed,  as  complied  by  the  U.  S.  Dept.  of  Commerce  and  published  in  "Business  Statistics". 


MAY  1952 


88 


Millions  of  Dollars 


XVI— EXPORTS  AND  IMPORTS  BY  COUNTRIES 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 
MERCHANDISE  EXPORTS'" 


<i) 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Non- 
monetary 

U.S.A. 

U.K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Gold 

cies 

South 
Africa 

Area 
(3) 

Colonies 
(4) 

South 
America 

(S) 

Countries 

Exports 

Calendar  Years 

1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12  Mths.  end'g 

Apr.  1952") 

2,341 

710 

87 

53 

159 

412 

267 

157 

4,187 

149 

Monthly 

1951-Jan. 

191.2 

40.0 

4.8 

3.9 

10.4 

16.2 

14.1 

10.8 

291.4 

17.3 

Feb. 

155.4 

33.0 

3.8 

1.2 

10.1 

14.6 

11.4 

7.8 

237.4 

11.7 

Mar. 

193.8 

38.9 

4.7 

3.6 

13.4 

14.5 

12.5 

9.9 

291.4 

8.4 

Apr. 

188.5 

43.8 

5.2 

6.5 

11.4 

17.8 

14.9 

15.2 

303.4 

16.2 

May 

206.2 

51.4 

6.3 

4.3 

9.2 

20.6 

18.0 

15.9 

331.9 

13.0 

June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan. 

191.1 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.4 

Feb. 

175.8 

44.1 

8.3 

4.1 

15.7 

32.0 

27.7 

12.1 

319.9 

13.2 

Mar. 

190.0 

69.6 

8.6 

4.5 

19.7 

28.2 

24.1 

14.3 

359.0 

15.0 

Apr.'6) 

182.8 

69.4 

6.5 

3.5 

15.3 

23.6 

26.6 

13.0 

340.8 

11.2 

Millions  of  Dollars 

MERCHANDISE  IMPORTS 

Excess  of 

TOTAL  IM 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.  K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Merch- 

(7) 

cies 

South 
Africa 

Area 

(3) 

Colonies 

(4) 

South 
America 

(5) 

Countries 

andise 

Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2.130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

12  Mths.  end'g 

Mar.  1952  <6> 

2,829 

395 

157 

5 

127 

185 

279 

79 

4,055 

94 

Monthly 

1951-Jan. 

233.3 

33.9 

12.5 

.2 

10.2 

9.5 

22.1 

5.4 

327.1 

35.7 

Feb. 

199.0 

27.8 

7.8 

.4 

6.7 

9.1 

17.0 

6.2 

274.2 

36.7 

Mar. 

245.7 

30.4 

12.2 

.5 

12.3 

11.4 

22.5 

7.4 

342.5 

51.1 

Apr. 

278.3 

48.9 

12.7 

.5 

9.2 

14.1 

22.2 

7.0 

393.0 

89.7 

May 

273.2 

43.2 

19.7 

.8 

11.6 

18.5 

27.3 

10.5 

404.7 

72.8 

June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec. 

203.1 

19.4 

8.4 

.3 

5.3 

9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan. 

228.7 

24.3 

8.1 

.2 

6.5 

11.8 

22.2 

5.1 

307.0 

24.0 

Feb. 

211.8 

21.3 

8.9 

.3 

7.7 

9.7 

18.7 

3.7 

282.0 

37.9 

Mar.'6' 

253.5 

22.6 

6.5 

.4 

3.8 

12.5 

24.3 

3.3 

327.0 

32.0 

Apr.<8) 

245.7 

28.4 

324.0 

16.8 

(1)  Commencing  April  1.  1949,  external  trade  of  Newfoundland  is  included 

and   Canadian   trade   with   Newfoundland,   formerly   in  the   "All   Other"        (4) 
category,  disappears.  (5) 

(2)  Includes  exports  of  foreign  produce.   In  the  case  of  wheat  exports,  figures  are 
based   on    Board   of    Grain   Commissioners'   data   rather    than    Customs'        (6) 
clearances.     Excludes  defence  equipment  transferred  by  Canada  to  North        (7) 
Atlantic  Treaty  countries  which  in  1950  and  1951  amounted  to  56.8  and 
109.1  million  dollars  respectively. 

(3)  Consists  of  Eire,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 


Ceylon  and  Iraq.     Egypt  is  included  in  the  "All  Other"  category. 

Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

Includes  Egypt,  Spain,  Palestine,  and  also  Newfoundland  until  March  31, 

1949. 

Preliminary. 

Imports  from  the  United  Kingdom  do  not  include  articles  imported  for 

the  use  of  the  armed  forces  of  the  United  Kingdom.    In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)  and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded.         (8)  Estimates. 


89 


MAY  1952 


MAY  1952 


90 


XVII— MERCHANDISE  IMPORTS:   COMMODITY  CLASSIFICATION 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 


Millions  of  Dollars 

ing  uoiaj 

Millions  of  Dollars 

Hides 

Other 

Cotton 

Fruits 
and 
Nuts 

Vegetables 

and 

MUled 

Products 

(incl.  rice) 

Sugar 

and 

Products 

Tea 
and 
Coffee 

Alcoholic 

Beverages 

(1) 

Oils 
(non- 
edible) 

Rubber 
(incl.  syn- 
thetic) 

Furs 

and 
Leather 
(unmfd. 
and  mfd.) 

Vegetable 

and 

Animal 

Products 

Silk 

(raw  and 
mfd.) 

Artificial 
Silk 

Flax.  Hemp 
and  Jute 

Other 
Textiles 

Paper 

Books  and 
Printed 
Matter 

Other  Wood 
and  Wood 
Products 

Raw  and 
Unmfd. 

Mfd. 

Raw  and 
Unmfd. 

Mfd. 

Calendar  Years 
1929 

39 

11 

26 

28 

18 

47 

12 

23 

15 

20 

64 

28 

34 

29 

10 

40 

13 

15 

30 

15 

18 

30 

Calendar  Years 
1929 

1932 

21 

5 

6 

17 

10 

17 

5 

4 

4 

6 

20 

8 

13 

10 

5 

11 

3 

6 

12 

7 

10 

6 

1932 

1937 

29 

6 

18 

21 

14 

8 

16 

19 

8 

12 

27 

21 

20 

8 

16 

19 

4 

11 

16 

8 

14 

12 

1937 

1946 

118 

27 

20 

40 

26 

13 

12 

20 

27 

13 

58 

45 

75 

4 

30 

35 

22 

23 

31 

19 

31 

20 

1946 

1947 

100 

25 

36 

57 

35 

14 

23 

29 

22 

26 

76 

61 

119 

7 

30 

54 

34 

38 

46 

23 

32 

35 

1947 

1948 

91 

8 

31 

72 

42 

16 

19 

32 

25 

19 

83 

57 

78 

4 

48 

67 

30 

27 

39 

17 

31 

25 

1948 

1949 

96 

19 

26 

71 

50 

22 

21 

29 

20 

25 

74 

67 

73 

6 

37 

63 

30 

20 

37 

20 

36 

30 

1949 

1950 

113 

25 

39 

87 

71 

17 

31 

49 

22 

28 

89 

91 

67 

8 

55 

52 

21 

26 

45 

23 

42 

34 

1950 

1951 

118 

31 

46 

86 

71 

18 

35 

85 

22 

31 

126 

97 

87 

8 

95 

68 

35 

31 

64 

35 

51 

51 

1951 

12-Mths.  ending 

Mar.  1952 

112 

37 

45 

86 

71 

18 

31 

71 

18 

26 

123 

90 

78 

7 

78 

62 

34 

31 

64 

34 

53 

50 

12-Mths.  ending 
Mar.  1952 

Monthly 
1950— Dec. 

9.0 

1.7 

6.0 

6.6 

4.7 

2,2 

2.6 

7.2 

1.4 

2.8 

9.1 

12.0 

5.5 

.8 

6.0 

3.9 

2.0 

1.7 

3.5 

2.2 

3.4 

2.7 

Monthly 
Dec— 1950 

1951— Jan. 

9.3 

2.5 

2.3 

3.8 

6.7 

1.6 

4.0 

11.9 

4.7 

3.7 

10.0 

10.7 

9.8 

1.1 

6.6 

6.2 

3.1 

2.5 

5.3 

2.8 

4.2 

3.8 

Jan.— 1951 

Feb. 

8.0 

2.1 

1.9 

1.9 

5.8 

1.3 

2.9 

7.3 

3.1 

3.1 

9.0 

7.2 

8.6 

.8 

7.4 

5.9 

2.5 

1.3 

4.7 

2.6 

3.4 

3.9 

Feb. 

Mar. 

9.8 

3.1 

2.9 

3.2 

7.4 

1.8 

3.8 

9.9 

2.6 

3.5 

12.0 

12.5 

9.5 

.8 

8.6 

5.8 

3.5 

2.2 

6.4 

3.1 

4.1 

5.0 

Mar. 

Apr. 

10.1 

3.4 

5.3 

5.9 

6.6 

1.1 

6.6 

7.7 

2.4 

3.6 

11.0 

11.5 

11.9 

.7 

13.2 

9.0 

4.9 

2.8 

6.6 

3.0 

4.7 

5.0 

Apr. 

May 

10.3 

4.6 

6.2 

10.4 

6.2 

1.0 

5.6 

9.4 

1.6 

2.8 

10.3 

12.6 

8.2 

.6 

9.7 

6.6 

4.0 

2.6 

6.8 

2.8 

4.2 

5.0 

May 

June 

10.3 

4.7 

3.5 

9.2 

5.1 

1.2 

3.6 

8.0 

1.3 

3.1 

8.9 

7.1 

6.2 

.6 

9.9 

5.5 

3.2 

4.0 

4.8 

2.6 

3.8 

5.3 

June 

July 

11.7 

2.0 

.  2.3 

8.4 

5.4 

.     1.2 

2.4 

6.6 

1.4 

2.6 

11.5 

3.3 

6.5 

.6 

14.8 

6.6 

3.1 

4.8 

4.9 

2.7 

4.1 

4.9 

July 

Aug. 

11.3 

.6 

2.1 

14.2 

4.6 

1.2 

1.1 

7.1 

.7 

2.2 

10.1 

3.7 

6.3 

.6 

11.6 

6.5 

2.8 

2.8 

4.9 

2.8 

4.4 

4.3 

Aug. 

Sept. 

8.7 

.5 

2.1 

9.9 

4.3 

1.4 

1.1 

4.0 

.9 

1.9 

10.2 

4.3 

4.6 

.5 

6.6 

5.0 

2.2 

2.2 

5.1 

2.6 

4.5 

3.5 

Sept. 

Oct. 

9.4 

1.9 

4.0 

9.6 

6.1 

2.3 

1.4 

4.7 

1.0 

2.0 

12.9 

5.3 

5.3 

.5 

2.4 

4.4 

2.4 

1.7 

4.6 

3.5 

5.0 

4.0 

Oct. 

Nov. 

9.9 

2.7 

5.6 

5.8 

7.2 

2.0 

.9 

3.7 

.8 

1.6 

11.5 

10.6 

5.4 

.4 

2.0 

3.5 

2.0 

3.0 

4.5 

3.4 

4.5 

3.7 

Nov. 

Dec. 

8.6 

3.4 

8.0 

3.7 

5.3 

2.2 

1.4 

4.3 

1.2 

1.2 

8.6 

7.8 

4.4 

.4 

2.0 

2.8 

1.6 

1.2 

4.9 

2.7 

4.0 

3.0 

Dec. 

1952— Jan. 

7.0 

4.4 

1.7 

2.9 

7.0 

1.8 

1.8 

5.8 

2.6 

1.3 

10.5 

10.3 

5.8 

.5 

2.1 

4.0 

2.3 

1.8 

5.6 

2.7 

5.0 

3.8 

Jan.— 1952 

Feb. 

7.1 

3.7 

2.3 

2.7 

6.8 

1.1 

2.3,- 
2.2^ 

4.5 

2.3 

1.7 

9.3 

6.0 

6.1 

.5 

2.4 

4.2 

2.6 

1.9 

6.1 

2.5 

4.0 

3.8 

Feb. 

Mar. 

7.8 

5.0 

1.5 

3.4 

6.3 

1.4 

5.0 

1.3 

1.8 

7.8 

7.4 

7.2 

.6 

1.2 

4.1 

2.8 

1.8 

4.9 

2.3 

4.7 

4.0 

Mar. 

Chemicals 

Pigs,  Ingots 

Bars  and 

Sheets, 

Structural 

Castings 

Engines, 

Farm 

Machinery 

Motor 

Other 

Tin 

Other 

Coal 

Petroleum 

Other 

All 

and 

Iron 

Blooms 

Rods  incl. 

Plates, 

Iron  and 

Loco- 

Implements 

(except 

Vehicles 

Iron 

Bauxite 

Electrical 

Non-ferrous 

and 

and 

Glass 

Non- 

Other 

Totald) 

Allied 

Ore 

and 

Rails 

Hoop,  Band 

Steel 

Forgings 

motives 

and 

agri- 

and 

and 

Ore 

Products 

Apparatus 

Metals 

Products 

Products 

metallic 

Imports 

Imports 

Products 

Billets 

and  Strip 

and  Boilers 

Machinery 

cultural) 

Parts 

Steel 

Minerals 

Calendar  Years 

Calendar  Years 

1929 

40 

5 

3 

12 

37 

15 

6 

18 

32 

70 

85 

60 

3 

3 

37 

48 

64 

77 

11 

35 

75 

1,299 

1929 

1932 

28 

- 

- 

1 

11 

1 

2 

6 

2 

16 

13 

14 

2 

1 

8 

11 

35 

43 

5 

13 

33 

453 

1932 

1937 

37 

5 

1 

5 

37 

4 

3 

11 

17 

46 

49 

33 

4 

3 

16 

25 

42 

59 

9 

27 

48 

809 

1937 

1946 

93 

6 

1 

8 

38 

8 

7 

29 

68 

130 

106 

89 

9 

6 

48 

58 

133 

123 

23 

53 

119 

1,864 

1946 

1947 

113 

13 

2 

12 

48 

18 

9 

44 

105 

206 

178 

127 

9 

7 

69 

77 

154 

207 

29 

63 

159 

2,570 

1947 

1948 

118 

16 

6 

12 

54 

18 

10 

50 

140 

217 

132 

128 

10 

8 

62 

76 

206 

301 

26 

73 

115 

2,636 

1948 

1949 

131 

12 

6 

13 

67 

18 

13 

59 

177 

216 

167 

143 

10 

8 

70 

87 

157 

274 

25 

79 

157 

2,760 

1949 

1950 

158 

17 

5 

11 

66 

16 

10 

55 

162 

226 

250 

163 

10 

10 

83 

113 

190 

307 

28 

86 

171 

3,173 

1950 

1951 

192 

23 

16 

26 

108 

39 

14 

88 

195 

329 

271 

224 

15 

20 

120 

136 

190 

353 

32 

109 

295 

4,083 

1951 

12-Mths.  ending 

12-Mths.  ending 

Mar.  1952 

188 

23 

17 

30 

113 

46 

14 

106 

201 

339 

254 

226 

15 

18 

124 

130 

189 

352 

30 

109 

316 

4,055 

Mar.  1952 

Monthly 

Monthly 

1950— Dec. 

11.9 

.5 

.8 

1.0 

5.6 

1.5 

.9 

4.2 

8.6 

19.0 

19.3 

13.2 

.5 

.8 

7.2 

10.7 

13.2 

27.4 

2.3 

6.3 

14.2 

266.3 

Dec.— 1950 

1951— Jan. 

17.6 

- 

1.0 

1.6 

7.4 

2.0 

.8 

6.3 

12.2 

25.7 

25.8 

17.7 

.6 

1.1 

9.5 

11.3 

14.0 

27.1 

2.8 

7.3 

18.7 

327.1 

Jan.— 1951 

Feb. 

14.0 

- 

.9 

1.1 

6.3 

1.7 

.6 

5.6 

13.5 

20.8 

24.0 

l     13.9 

.5 

1.5 

7.8 

9.5 

13.1 

20.1 

2.2 

6.2 

16.4 

274.2 

Feb. 

Mar. 

17.4 

— 

1.9 

1.3 

8.6 

2.0 

.8 

7.1 

16.5 

26.0 

28.6 

\     18.3 

.5 

2.3 

10.4 

14.4 

10.5 

23.7 

2.8 

7.3 

20.7 

342.5 

Mar. 

Apr. 

18.8 

.4 

.9 

1.9 

10.6 

2.9 

1.1 

8.4 

21.2 

29.9 

34.2 

1     22.5 

.8 

1.9 

11.4 

11.7 

12.7 

25.1 

3.4 

9.9 

26.4 

393.0 

Apr. 

May 

18.5 

1.3 

.8 

1.8 

9.7 

4.0 

1.3 

7.6 

21.5 

31.8 

30.6 

1     22.9 

1.2 

2.0 

11.0 

14.0 

16.8 

34.2 

3.1 

10.3 

29.0 

404.7 

May 

June 

15.5 

3.2 

.8 

2.2 

9.9 

3.2 

1.0 

6.6 

18.0 

29.4 

26.4 

}      19.5 

1.4 

.8 

10.3 

12.5 

17.8 

30.1 

2.7 

10.6 

26.9 

360.4 

June 

July 

16.9 

3.7 

.8 

2.2 

10.4 

3.8 

1.4 

6.9 

18.8 

31.0 

23.0 

19.1 

1.4 

1.7 

9.9 

11.1 

17.0 

38.6 

2.9 

11.0 

27.2 

370.6 

July 

Aug. 

15.3 

4.1 

1.8 

2.3 

9.4 

3.5 

1.2 

5.7 

19.6 

27.7 

15.1 

19.3 

1.8 

1.3 

11.2 

12.9 

18.6 

34.4 

2.6 

11.0 

31.7 

356.7 

Aug. 

Sept. 

14.1 

3.3 

1.0 

3.1 

9.3 

4.0 

1.2 

7.8 

14.2 

26.0 

16.3 

16.8 

2.5 

1.0 

9.7 

7.7 

16.8 

33.5 

2.4 

9.8 

24.4 

311.0 

Sept. 

Oct. 

16.0 

4.0 

1.7 

3.2 

10.7 

4.3 

1.6 

8.6 

15.6 

28.0 

17.2 

20.1 

2.3 

2.0 

10.9 

11.1 

21.2 

31.9 

2.6 

9.3 

27.4 

344.1 

Oct. 

Nov. 

15.8 

1.7 

1.6 

2.8 

9.2 

4.1 

1.9 

8.9 

12.1 

28.2 

16.2 

18.4 

1.8 

2.6 

9.6 

11.4 

18.8 

28.5 

2.5 

9.3 

25.6 

325.6 

Nov. 

Dec. 

12.0 

.9 

2.5 

2.3 

7.1 

3.5 

.8 

9.0 

12.0 

24.3 

13.9 

15.0 

.6 

1.3 

8.4 

8.2 

13.0 

26.0 

1.8 

7.5 

20.3 

273.0 

Dec. 

1952— Jan. 

14.8 

.2 

1.3 

2.8 

9.9 

5.3 

.8 

11.2 

13.4 

26.8 

18.0 

18.2 

.5 

1.3 

10.7 

9.0 

13.8 

25.9 

2.0 

6.4 

24.2 

307.0 

Jan.— 1952 

Feb. 

14.2 

.2 

1.4 

2.7 

8.3 

3.9 

.8 

6.6 

16.3 

24.6 

20  6 

15.4 

.3 

1.2 

10.3 

8.7 

11.5 

20.7 

1.8 

6.9 

21.7 

282.0 

Feb. 

Mar. 

16.0 

2.2 

2.4 

8.8 

3.3 

1.1 

18.3 

18.8 

31.2 

22.8 

19.0 

.2 

1.0 

10.1 

12.0 

11.4 

23.4 

2.0 

7.1 

31.4 

327.0 

Mar. 

(1)    Before  1935  import  totals  are  substantially  over-valued  owing  to  inclusion  of  U.K.  excise  taxes  on  spirits  imported  from  that  country 
in  Council  (9213)  and  the  item    Canadian  Goods  Returned    (9195)  are  excluded. 


(2)  Imports  from  the  United  Kingdom  < 


TATISTICAL  SUMMARY 

BANK  OF  CANADA 


Tables 


Charts 


Pages 


I     Bank  of  Canada  : 

Liabilities  and  Assets 91-92 

Chartered  Banks:  Canadian  Deposits,  Canadian  Loans  and 

non-Government  Securities,  and  Government  of  Canada  Securities  .  91 

Chartered  Banks:  Current  Loans  to  the  Public  in  Canada     ...  92 
II     Chartered  Banks: 

Liabilities  and  Assets 93-94 

III  General  Public  Holdings  of  Certain  Liquid  Assets 93-94 

IV  Government  Bond  Yields  and  Treasury  Bill  Rates 95 

Yields  of  Government  Bonds:  Canada,  U.K.  and  U.S.A.      ...  95 

V    Government  Bond  Yields :  Canada,  U.K.  and  U.S A 96 

VI     Official  Holdings  of  Gold  and  United  States  Dollars 96 

VII     Foreign  Exchange  Rates 97 

United  States  Dollar  in  Canadian  Funds 97 

VIII     Consumer  Credit  Outstanding 98 

Consumer  Credit  Outstanding 98 

IX    Business  Activity 99 

X    Wholesale  Prices 99 

XI     Cost  of  Living 100 

XII     U.S.A.  Consumers'  Price  Index 100 

XIII  Employment  and  Payrolls 101 

XIV  Central  Electric  Stations 102 

Central  Electric  Stations:  Installed  Capacity  and  Output      .        .        .  102 

XV    Construction  Contracts  Awarded 103 

Construction  Contracts  Awarded 103 

XVI     Dairying  Statistics ....  104 

Production  and  Consumption  of  Milk  and  Dairy  Products  .        .        .  104 
XVII     Merchandise  Exports:  Commodity  Classification  by  Value        .       .       .     105-106 

XVIII     Merchandise  Trade:  Exports  and  Imports  by  Countries      ....  107 
XIX    Exports  and  Imports:  Indexes  of  Total  Value,  Unit  Value 

and  Volume 108 

Exports  and  Imports:  Indexes  of  Total  Value,  Unit  Value 

and  Volume 108 


TABLES  AND  CHARTS  MAY   BE   REPRODUCED  OR   REFERRED  TO   PROVIDED  THAT  THE   BANK   OF 
CANADA   STATISTICAL   SUMMARY,   WITH   ITS   DATE,    IS  SPECIFICALLY  QUOTED  AS  THE     SOURCE. 

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certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
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JUNE  1952 


91 

Millions  oj  Dollars 


JUNE  1952 

I— BANK 


As  at  Dec.  3 1 
1935 
1937 
1939 

1946 
1947 
1948 
1949 
1950 
1951 
,  End  of 
1951— Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 

Feb. 

Mar. 

.Apr. 

May 


LIABILITIES 


JUNE  1952 

OF  CANADA 


ASSETS 


Chartered  Bank  Cash 


Notes 
in  Tills 


40.6 
53.9 
70.6 

176.9 
183.9 
190.8 
211.8 
231.3 
273.1 

202.8 
185.1 
203.1 
214.8 
177.1 
226.0 
189.7 
195.2 
232.2 
195.1 
273.1 

222.4 
175.6 
207.5 
234.8 
190.6 


Deposits 

at 
B.  of  C. 


181.6 
196.0 
217.0 

565.5 
536.2 
547.3 
541.7 
578.6 
619.0 

550.5 
552.9 
556.1 
530.1 
590.7 
558.2 
580.4 
579.4 
588.3 
633.8 
619.0 

629.2 
616.7 
656.5 
645.7 
579.4 


Total 


222.2 
249.9 
287.6 

742.3 
720.1 
738.1 
753.5 
809.9 
892.1 

753.3 
738.0 
759.2 
744.8 
767.8 
784.2 
770.1 
774.6 
820.6 
828.9 
892.1 

851.6 
792.3 
864.0 
880.5 
770.0 


Govt,  of 
Canada 
Deposits 


17.9 
11.1 
46.3 

60.5 
68.8 
98.1 
30.7 
24.7 
94.9 

69.5 
70.5 
56.9 
76.2 
75.3 
91.1 
115.0 
105.6 
210.3 
66.0 
94.9 

92.8 

88.5 
14.6 
14.3 
21.9 


Other 
Deposits 


3.5 
17.9 

93.8 

67.5 

81.0 
126.9 
207.1 

66.1 

204.6 
206.7 
215.1 
221.5 
220.1 
212.6 
185.7 
140.0 

83.3 

92.5 

66.1 

54.9  \ 

52.1 

66.1 

41.7 

44.6 


Foreign 
Currency 
Deposits  (] 


1.0 

2.0 

.4 

79.6 

133.6 

155.6 

128.9 
88.5 
137.7 
129.9 
132.8 
146.7 
143.0 
116.3 
102.1 
135.1 
155.6 

99.5 

84.7 
68.5 
77.5 
82.8 


Active 

B.  of  C. 

Note 

Circulation 


59.1 
111.4 
162.2 

1,009.3 
1,027.5 
1,098.3 
1,095.6 
1,136.1 
1,191.1 

1,092.6 
1,134.4 
1,119.9 
1,122.7 
1,174.2 
1,144.5 
1,181.0 
1,192.8 
1,174.3 
1,212.1 
1,191.1 

1,153.2 
1,198.8 
1,185.7 
1,177.0 
1,226.8 


All 

Other 

Accounts 


7.7 
14.4 
13.3 

41.7 
40.4 
42.7 
39.5 
39.0 
44.4 

39.8 
28.7 
58.9 
38.8 
32.2 
56.2 
62.8 
38.5 
62.9 
54.4 
44.4 

53.9 
27.8 
30.1 
31.5 
34.3 


Total 
Liabilities 


Gold 


Assets 


307.7 
390.3 
527.2 

1,948.6 
1,926.2 
2,058.6 
2,125.9 
2,350.3 
2,444.1 

2,288.7 
2,266.8 
2,347.7 
2,334.1 
2,402.4 
2,435.3 
2,457.6 
2,367.8 
2,453.4 
2,388.9 
2,444.1 

2,306.0 
2,244.3 
2,229.0 
2,222.5 
2,180.4 


180.5 
179.8 
225.7 


Silver 


1.6 
3.0 


Foreign tlJ 
Exchange 


4.2 
14.9 
64.3 

1.0 

2.0 

.5 

74.2 

111.7 

117.9 

117.5 
80.2 
129.0 
125.4 
117.0 
117.0 
100.1 
87.1 
96.6 
128.9 
117.9 

85.4 
70.4 
60.2 
72.4 
78.4 


Securities 


Govt,  of  Canada 
and  Provincial 


Under  2  yrs.     Over  2  yrs. 


30.9 
82.3 
181.9 

1,197.4 
1,022.0 
1,233.7 
1,781.4 
1 ,229.3 
1,141.8 

1,165.4 
1,341.9 
1,327.6 
1,313.7 
1,335.2 
1,327.4 
1,349.6 
1,297.6 
1,317.5 
1,137.8 
1,141.8 

1,095.4 
1,058.1 
1,179.9 
1,191.5 
1,203.6 


83.4 
91.6 


708.2 
858.5 
779.1 
227.8 
712.5 
1,049.3 

757.0 
673.7 
722.5 
777.3 
846.3 
872.5 
888.1 
896.1 
956.4 
1,043.1 
1,049.3 

1,042.6 

1,027.6 

882.2 

874.7 

824.6 


Ind.  Dev. 

Bank 
Cap.  Stock 


15.0 
25.0 
25.0 
25.0 
25.0 
25.0 

25.0 
25.0 
25.0 
25.0 
25.0 
25.0 
25.0 
25.0 
25.0 
25.0 
25.0 

25.0 
25.0 
25.0 
25.0 
25.0 


Other 
Securities 


12.2 


5.5 

247.9 

89.0 

168.7 
114.4 
70.6 
45.3 
58.8 
51.4 
44.1 
31.2 
8.2 
18.8 
89.0 

24.3 
27.3 
11.7 
21.6 
11.2 


Total 


114.3 
186.1 
231.8 

1,920.6 
1,905.6 
2,037.7 
2,039.7 
2,214.7 
2,305.1 

2,116.1 
2,155.1 
2,145.7 
2,161.3 
2,265.4 
2,276.3 
2,306.9 
2,249.9 
2,307.1 
2,224.6 
2,305.1 

2,187.2 
2,138.0 
2,098.8 
2,185.1 
2,064.5 


Advances 


3.5 


All 

Other 

Accounts 


3.5 
6.5 

5.5 

27.1 
18.7 
20.4 
12.0 
24.0 
21.0 

55.1 
31.6 
73.0 
47.4 
20.1 
41.9 
50.6 
30.8 
49.7 
35.4 
21.0 

33.3 

35.9 
70.0 
37.4 
37.5 


92 

Millions  of  Dollars 


As  at  Dec.  31 
1935 
1937 
1939 

1946 
1947 
1948 
1949 
1950 
1951 

End  of 

Feb.— 1951 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

Jan.- 

Feb. 

Mar. 

Apr. 

May 


1952 


(1)  Includes  foreign  exchange  items  for  foreign  clients  and  also  the  Government  of  Canada  and,  commencing  March  31,  1949,  the  Exchange  Fund  Account.         ir  Since 

CHARTERED   BANKS:  CANADIAN    DEPOSITS.    CANADIAN    LOANS   AND 
NON-GOVERNMENT   SECURITIES'"   AND   GOVERNMENT  OF  CANADA   SECURITIES 


May  1940,  the  minimum  gold  reserve  requirement  has  been  in  suspense. 


CHARTERED   BANKS:   CURRENT   LOANS   TO  THE   PUBLIC   IN    CANADA 


MILLIONS   Or  DOLLARS 


MILLIONS  OF  DOLLARS 


8000 


6000 


4000 


2000 


8000 


MILLIONS  OF  DOLLARS 

3000 


2800 


MILLIONS  OF  DOLLARS 

3000 


2800 


2600 


2400 


2200 


1948  J949 

(1)    Provincial,  Municipal  and  Corporate  securities. 


2600 


2400 


2200 


DEC.      JAN.      FEB.     MAR.     APR.     MAY     JUNE     JULY     AUG.     SEPT.     OCT.     NOV      DEC. 


93 


JUNE  1952 

II— CHARTE 


JUNE  1952 


94 


RED  BANKS 

Bank  of    Canada 


Millions  of  Do 

liars 

LIABILITIES 

ASSETS 

Notes 

Deposits                      » 

Cash 
in    (3) 
Canada 

Securities 

Loans 

Total 
Assets 

Demand 

Notice 

Govt,  of 
Canada 

Canadian 
Deposits 

Foreign 

Total 
Deposits 

Govt,  of 
Canada 

Prov- 
incial 

Foreign 
Govt. 

Other 

Total 

CANADA 

ABROAD 

Call 

Current 

Current 

Call 

and  Prov. 

(i) 

(2) 

Public 

Other 

As  at  Dec.  31 
1929 

175 

729 

1,434 

92 

2,270 

442 

2,820 

228 

297 

151 

448 

262 

1,403 

122 

245 

251 

3,521 

1932 

127 

466 

1,378 

72 

1,928 

329 

2,306 

211 

562 

216 

778 

103 

964 

140 

91 

152 

2,852 

1937 

102 

699 

1,583 

53 

2,387 

409 

2,819 

250 

1,111 

59 

242 

1,411 

76 

749 

113 

60 

166 

3,281 

1949 

14 

2,426 

4,433 

367 

7,348 

730     ' 

8,177 

753 

3,112 

445 

242 

545 

4,345 

133 

2,174 

97 

70 

211 

8,718 

1950 

_(») 

2,770 

4,558 

500 

7,997 

735 

8,867 

810 

3,079 

416 

193 

599 

1      4,286 

134 

2,651 

125 

100 

247 

9,496 

1951 

- 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

End  of 
1951 — Mar. 

_ 

2,487 

4,614 

523 

7,753 

719 

8,625 

738 

2,801 

373 

210 

601 

3,986 

94 

2,856 

152 

96 

252 

9,284 

Apr. 
May 
June 
July 
Aug. 

_ 

2,725 

4,598 

360 

7,856 

749 

8,742 

759 

2,742 

368 

208 

607 

3,924 

87 

2,886 

161 

97 

271 

9,403 

_ 

2,692 

4,589 

405 

7,829 

747 

8,718 

745 

2,720 

370 

190 

606 

3,886 

92 

2,896 

170 

99 

281 

9,370 

_ 

2,578 

4,559 

455 

7,697 

763 

8,618 

768 

2,681 

366 

192 

598 

3,838 

82 

2,898 

164 

110 

281 

9,256 

_ 

2,675 

4,580 

403 

7,809 

753 

8,705 

784 

2,696 

356 

195 

594 

3,840 

84 

2,890 

153 

112 

285 

9,323 

- 

2,675 

4,583 

409 

7,799 

808 

8,775 

770 

2,679 

355 

210 

588 

3,832 

90 

2,912 

161 

119 

262 

9,378 

Sept. 

- 

2,651 

4,595 

391 

7,724 

769 

8,674 

775 

2,734 

353 

208 

581 

3,876 

107 

2,901 

144 

131 

273 

9,276 

Oct. 

_ 

2,907 

4,575 

270 

7,913 

784 

8,833 

821 

2,726 

342 

226 

582 

3,876 

111 

2,893 

141 

82 

290 

9,440 

Nov. 

_ 

2,936 

4,616 

276 

8,015 

784 

8,927 

829 

2,744 

357 

214 

578 

3,894 

96 

2,975 

149 

90 

285 

9,544 

Dec. 

- 

■  2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

1952— Jan. 

_ 

2,703 

4,639 

363 

7,846 

762 

8,730 

,■  852 
\792 

2,819 

339 

214 

556 

3,927 

107 

2,827 

128 

80 

276 

9,343 

Feb. 

- 

2,704 

4,685 

372 

7,918 

758 

8,799 

2,884 

330 

233 

556 

4,003 

95 

2,788 

130 

94 

276 

9,409 

Mar. 

2,824 

4,748 

407 

8,090 

778 

9,008 

864 

2,939 

325 

284 

547 

4,095 

97 

2,797 

152 

85 

280 

9,613 

Apr. 

2,889 

4,757 

340 

8,115 

806 

9,062 

881 

2,917 

310 

291 

550 

4,068 

140 

2,800 

161 

138 

279 

9,672 

May 

2,851 

4,769 

360 

8,078 

817 

9,037 

770 

2,968 

315 

266 

552 

4,100 

132 

2,845 

167 

156 

287 

9,634 

Millions  of  Dollars 

DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cash  to 

Active 

Canada 

Deposits 

Canadian 

Note  (s) 

(« 

Deposits 

Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

748 

7,655 

9.8 

1,103 

Mar.— 1951 

770 

7,734 

10.0 

1,106 

Apr. 

756 

7,731 

9.8 

1,110 

May 

768 

7,702 

10.0 

1,125 

June 

807 

7,761 

10.4 

1,139 

July 

795 

7,686 

10.3 

1,141 

Aug. 

805 

7,680 

10.5 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

839 

7,754 

10.8 

1,150 

Feb. 

846 

7,851 

10.8 

1,169} 

Mar. 

848 

7,989 

10.6 

1,182} 

Apr. 

834 

8,063 

10.3 

1,185 

May 

(1)   Estimated  month-end  deposits  payable  in  Canadian  currency.         (2)  Includes  inter-bank  deposits.         (3)  Until  March  1935:  Gold  and  Coin  in  Canada,  Domin  ion  Notes  and  "Free"  Central  Gold  Reserve  Deposits:  after  that  date:  Bank  of  Canada  Notes  and  Deposits.  (4)    Figures  given  are  averages  of  estimated  month- 

end  Canadian  depositB  in  1926-35  and  monthly  average  deposits  in  1936  and  after.         (5)  Bank  of  Canada  notes  in  public  circulation  and  until  January  1950  chartered    bank  note  circulation,  the  latter  being,  after  September  1944,  an  approximate  figure  only.  (6)    Notes  issued  for  circulation  outside  Canada  only  commencing  in 

January  1950:  liability  for  outstanding  notes  issued  for  circulation  in  Canada  transferred  to  Bank  of  Canada  during  January  1950.         t  Revised. 

Ill— GENERAL  PUBLIC  HOLDINGSi  OF  CERTAIN  LIQUID  ASSETS*t 

Currency,  Bank  Deposits  and    Government  of  Canada  Securities 

Bank  of    Canada 


Millions  of  Dollars 


Millions  of  Dollars 


As  at  Dec.  31 

1949 

1950 

1951 

End  of 
1951— Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 
Feb. 
Mar. 
Apr. 

May 


Currency  and  Active  Bank  Deposits 


Currency 
Outside  Banks 


Notes"> 


1,110 
1,136 
1,191 

1,134 
1,120 
1,123 
1,174 
1,145 
1,181 
1,193 
1,174 
1,212 
1,191 

1,153 
1,199 
1,186 
1,177 
1,227 


Coin") 


74 
78 


78 
78 
79 
81 
80 
81 
82 
82 
84 
84 

82 

83 
84 
83 
85 


Total 


1,184 
1,214 
1,275 

1,212 
1,198 
1,202 
1,255 
1,225 
1,262 
1,275 
1,256 
1,296 
1,275 

1,235 
1,282 
1,270 
1,260 
1,312 


Active  Bank  Deposits 


Chartered  Banks 


Demand 


2,426 
2,770 
2,963 

2,487 
2,725 
2,692 
2,578 
2,675 
2,675 
2,651 
2,907 
2,936 
2,963 

2,703 
2,704 
2,824 
2,889 
2,851 


Active«> 
Notice 


Other  <« 

excl. 

Govt. 

of  Canada 


682 
697 
717 

711 
709 
707 
707 
709 
712 
715 
713 
712 
717 

748 
758 
770 
768 
770 


338 
413 
449 

428 
429 
398 
385 
396 
381 
371 
380 
398 
449 

412 
451 
422 
418 
352 


Total 


3,446 
3,880 
4,129 

3,626 
3,863 
3,797 
3,670 
3,780 
3,768 
3,737 
4,000 
4,046 
4,129 

3,863 
3,913 
4,016 
4,075 
3,973 


Deduct™ 
Float 


335 
450 
627 

376 
499 
467 
395 
468 
497 
387 
544 
552 
627 

456 
517 
551 
528 
518 


Net 
Total 


3,111 
3,430 
3,502 

3,250 
3,364 
3,330 
3,275 
3,312 
3,271 
3,350 
3,456 
3,494 
3,502 

3,407 
3,396 
3,465 
3,547 
3,455 


Bank  of 
Canada 
"Other" 
Deposits 


127 
207 


207 

215 

222 

220 

213 

186 

140 

83 

93 

66 

55 
52 
66 
42 
45 


-^  The  term  General  Public  refers  to  holdings  of  non-residents  as  well  as 
residents;  for  an  approximate  division  between  resident  and  non-resident 
holdings  see  Table  III,  page  77. 
+  Chartered  banks'  Newfoundland  branch  statistics  are  included  as  from 
April  1st.  1949. 

**The  whole  of  the  increase  or  decrease  in  Canada's  foreign  exchange  reserves 
is  embodied  in  the  related  factors  in  this  table;  to  the  extent  that  such 
changes  do  not  appear  in  the  column  "Bank  of  Canada  Gold  and  Exchange 
Holdings  (net)"  they  affect  changes  in  "Government  of  Canada  Direct 
and  Guaranteed  Funded  Debt." 

(1)  Note  Circulation  of  Bank  of  Canada  and.  prior  to  1950,  of  the  chartered 
banks;  excluding  notes  held  by  chartered  banks. 


Total 


Total       ,        ,.  l°' 

Currency   'nac,tlv* 

and        Chartered 

Active       MBa"k 

Bank        *<*>« 

Deposits  Deposits 


3,238 
3,637 
3,568 

3,457 
3,579 
3,552 
3,495 
3,525 
3,457 
3,490 
3,539 
3,587 
3,568 

3,462 
3,448 
3,531 
3,589 
3,500 


4,422 
4,851 
4,843 

4,669 
4,777 
4,754 
4,750 
4,750 
4,719 
4,765 
4,795 
4,883 
4,843 

4,697 
4,730 
4,801 
4,849 
4,812 


3,751 
3,861 
3,894 

3,903 
3,888 
3,881 
3,852 
3,871 
3,872 
3,880 
3,862 
3,904 
3,894 

3,891 
3,926 
3,978 
3,989 
3,999 


(2)  Subsidiary  coin  issued  by  the  Mint  less  coin  held  by  Bank  of  Canada  and 
chartered  banks  in  Canada. 

(3)  Chartered  banks'  public  demand  deposits  in  Canada. 

(4)  Chartered  banks'  public  notice  deposits  in  Canada  other  than  estimated 
aggregate  quarterly  minimum  balances  in  personal  savings  accounts  and 
non-personal  notice  deposits. 

(5)  Chartered  banks'  Canadian  dollar  deposits  of  provincial  governments, 
and  of  Canadian,  United  Kingdom,  and  foreign  banks. 

(6)  Cheques  on  other  banks  as  shown  in  chartered  bank  month-end  returns 
to  the  Minister  of  Finance. 


Govt,  of 
Canada 
Securities 

(a)(it» 


9,902 
10,066 
9,386 

10,019 
9,962 
9,899 
9,805 
9,733 
9,672 
9,574 
9,514 
9,494 
9,388} 

9,357 

9,282 

9,220 

9,196} 

9,155 


Total 


18,075 
18,778 
18,123 

18,591 
18,627 
18,534 
18,407 
18,354 
18,263 
18,219 
18,171 
18,280 
18,125}- 

17,945 

17,938 

17,999 

18,034} 

17,966 


RELATED  FACTORS** 


Govt,  of  Canada  Direct  and  Guaranteed  Funded  Debt1" 


Held  by  Bk.  of  Can.  &  Ch.  Bks 


Total 


5,121 
5,021 
4,945 

4,817 
4,792 
4,811 
4,863 
4,896 
4,917 
4,928 
5,000 
4,925 
4,945 

4,957 
4,970 
5,001 
4,983 
4,996 


Deduct  '"> 
Govt,  of 
Canada 
Deposits 


181 
280 
160 

295 
161 
226 
252 
248 
276 
213 
261 
130 
160 

185 
166 
111 
65 
129 


Net 
Total 


4,940 
4,741 
4,785 

4,522 
4,631 
4,585 
4,611 
4,648 
4,641 
4,715 
4,739 
4,795 
4,785 

4,772 
4,804 
4,890 
4,918 
4,867 


Held  by  Other  Investors 


Total 


10,698 
10,913 
10,395 

10,864 
10,815 
10,763 
10,680 
10,617 
10,575 
10,493 
10,446 
10,460 
10,397} 

10,359 

10,284 

10,225 

10,203} 

10,168 


Deduct 
Securities 
held  by  all 
Govl.Accts 


796 

847 

1,009 

845 
853 
864 
875 
884 
903 
919 
932 
966 
1,009 

1,002 
1,002 
1,005 
1,007 
1,013 


Net 
Total 


9,902 
10,066 
9,386 

10,019 
9,962 
9,899 
9,805 
9,733 
9,672 
9,574 
9,514 
9,494 
9,388} 

9,357 

9,282 

9,220 

9,196} 

9,155 


Bank"»> 
Loans 
&Non- 
Govt. 
Invest- 
ments 


3,419 
3,950 
4,085 

4,101 
4,133 
4,159 
4,133 
4,101 
4,131 
4,112 
4,095 
4,181 
4,085 

3,984 
3,930 
3,947 
3,989 
4,039 


Bk.ofCan 
Gold  and 
Exchange 
Holdings 
(Net) 


226 
49 

106 
62 
41 
43 
22 

1 
1 

11 
49 

7 
10 

13 
3 


Deduct 

All 

Other 

(Net) 

(id 


186 
205 
182 

157 
161 
150 
185 
150 
181 
183 
178 
201 
182 

175 
88 
58 
82 


As  at  Dec.  31 
1949 
1950 
1951 
End  of 
Mar— 1951 
Apr. 
May 
June 

July 

Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.— 1952 

Feb. 

Mar. 

Apr. 

May 


(7)  Other  Deposits  with  the  Bank  of  Canada  as  shown  in  published  month-end 
statements— i.e.  excluding  Government  of  Canada,  chartered  bank  and 
foreign  currency  deposita. 

Estimated  aggregate  minimum  quarterly  balances  in  chartered  banks' 
personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 
Canada. 

Direct  and  guaranteed  securities  (including  refundable  taxes)  at  par.  Direct 
debt  includes  both  matured  and  unmatured  issues  outstanding,  exclusive 
of  sinking  fund  holdings;  guaranteed  debt  is  included  on  the  basis  of  the 
total  unmatured  issues  outstanding;  Newfoundland  debt  assumed  by 
the  Government  of  Canada  has  been  included  since  June  1949.     Foreign 


(«) 


(9) 


pay  securities   have  been  valued  at  official   mid-rates  of  exchange  to 
September  30,  1950.  and  at  market  rates  thereafter. 

(10)  Holdings  of  all  investors  other  than  Bank  of  Canada,  chartered  banks 
and  Government  of  Canada  accounts. 

(11)  Canadian  dollar  deposits  of  the  Government  of  Canada  at  chartered 
banks  and  Bank  of  Canada. 

(12)  Chartered  Bank  Canadian  loans  and  holdings  of  provincial,  municipal 
and  "other"  securities  and  Bank  of  Canada  holdings  of  Industrial 
Development  Bank  capital  stock  and  debentures. 

(13)  Net  of  all  related  asset  and  liability  items  not  shown  elsewhere  in  this  table 
including  foreign  currency  items.       X  Revised. 


95 


JUNE  1952 


IV— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals(1) 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1951— Feb. 

3.02 

3.00 

2.60 

2.27 

Mar. 

3.25 

3.21 

2.89 

2.70 

Apr. 

3.24 

3.20 

2.75 

2.48 

May 

3.24 

3.18 

2.62 

2.28 

June 

3.25 

3.15 

2.62 

2.35 

July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Mar. 

3.57 

3.50 

3.00 

2.29 

Apr. 

3.55 

3.52 

3.02 

2.34 

May 

3.47 

3.43 

3.04 

2.37 

June 

3.55 

3.53 

3.15 

2.55 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada (2) 

U.K.") 

U.S.A.  <« 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

3.01 

3.26 

2.33 

3.17 

3.28 

2.48 

3.21 

3.35 

2.59 

3.20 

3.43 

2.69 

3.24 

3.55 

2.70 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

3.52 

4.29 

2.70 

3.52 

4.21 

2.60 

3.46 

4.29 

2.53 

3.49 

4.47 

2.55 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.728 

.513 

1.391 

.755 

.512 

1.402 

.755 

.511 

1.529 

.755 

.512 

1.626 

.754 

.512 

1.467 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

.943 

2.315 

1.784 

.979 

2.364 

1.650 

1.019 

2.384 

1.725 

1.075 

2.402 

1.753 

(1)  Payable  in  Canada  only.         (2)  Government  of  Canada  3%  due  Sept.  1.  1961-66.         (3)   United  Kingdom  3%  due  Apr.  15,  1959-69. 
(4)   U.S.  Treasury  2>$%  due  Dec.  15,  1963-68;  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 

LONG    TERM    DOMESTIC   GOVERNMENT    BOND   YIELDS  :   CANADA,    U.K.    AND    U.S.A. 

Daily  Opening  Quotations 

PERCENT 

12.4 


MAY  JUNE  JULY  AUG  SEPT  OCT  NOV  DEC 

1951 

*  Security  is  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


JUNE  1952 


96 


V— GOVERNMENT  BOND  YIELDS"' 

Bank  of  Canada 


1949 


Sept.  30  Dec.  31 


1950 


Mar.3l|june30]Sept.29|Dec.  30 


1951 


Mar.31|June30Sept.28Dec   31 


1952 


Mar.3l|june30 


Government 

of  Canada 

Internal  Issues 

lM%dueNov.    1,  1952<2> 

- 

1.72 

1.76 

1.79 

1.80 

2.17 

2.67 

2.30 

2.20 

1.68 

1.93 

2.55 

3%  due  Nov.    1,  1953/56 

2.36 

2.34 

2.35 

2.35 

2.47 

2.76 

3.16 

3.07 

3.05 

3.22 

3.20 

3.28 

'  3%  due  June    1,  1957/60 

2.62 

2.59 

2.63 

2.62 

2.65 

3.02 

3.19 

3.15 

3.13 

3.40 

3.46 

3.58 

3%  due  Sept.    1,  1961/66 

2.74 

2.72 

2.77 

2.78 

2.74 

3.02 

3.22 

3.24 

3.25 

3.49 

3.51 

3.54 

New  York  Issues 

3Ji%due  Jan.  15,  1956/61 

2.31 

1.97 

2.01 

2.24 

2.15 

2.35 

2.91 

2.92 

2.66 

2.60 

2.73 

2.58 

23A%  due  Sept.  1,  1974<2> 

2.73 

2.64 

2.61 

2.70 

2.72 

2.70 

2.96 

3.02 

2.93 

3.06 

3.04 

2.93 

4^%  due  July    1,  1957<3> 

2.53 

2.24 

2.17 

2.50 

2.52 

2.59 

2.95 

3.12 

2.86 

3.15 

2.70 

2.65 

United  States  Government 


1%%  due  Mar.  15,  1954<2>. 

2V2%  due  Mar.  15,  1956/58 

2H%  due  Dec.  15,  1963/68 

2V2%  due  Dec.  15,  1967/72 


1.31 

1.40 

1.46 

1.57 

1.62 

2.01 

1.97 

1.95 

2.07 

1.78 

1.51 

1.46 

1.54 

1.62 

1.67 

1.80 

2.17 

2.14 

2.09 

2.19 

2.10 

2.13 

2.08 

2.19 

2.27 

2.30 

2.35 

2.53 

2.71 

2.60 

2.70 

2.67 

2.30 

2.24 

2.35 

2.42 

2.44 

2.45 

2.56 

2.69 

2.62 

2.75 

2.70 

1.92 
2.16 
2.56 
2.63 


United  Kingdom  Government 


2^%  due  Feb.  15,  1955<2>. 

3%  due  Oct.  15,  1955/59 

2Y2%  due  May  1,  1964/67 

3%  due  Aug.  15,  1965/75 


2.23 

2.05 

1.88 

1.84 

1.79 

2.00 

1.75 

2.42 

3.12 

2.55 

2.49 

2.54 

2.42 

2.32 

2.25 

2.25 

2.50 

2.06 

3.05 

3.42 

3.02 

3.07 

3.10 

3.03 

2.88 

2.95 

3.15 

3.35 

3.35 

3.85 

4.09 

3.37 

3.39 

3.44 

3.43 

3.22 

3.26 

3.43 

3.68 

3.69 

4.15 

4.33 

3.61 

3.47 
4.36 
4.56 


(1)   Based  on  approximate  market  bid  side. 


(2)  New  issue. 


(3)  Canadian  National  Railways  (Guaranteed  by  Canada). 


Millions  of  U.S.  Dollars 


VI— OFFICIAL  HOLDINGS  OF  GOLD  AND  U.S.  DOLLARS' 

Department  of  Finance 


Jan. 


Feb. 


Mar. 


Apr. 


May 


June 


July 


Aug. 


Sept. 


Oct. 


Nov. 


Dec. 


1949 


Gold 

U.S.  Dollars...  . 

407.2 
614.7 

406.6 
637.3 

408.1 
659.1 

397.7 
593.5 

991.2 

409.7 
567.5 

419.3 
557.6 

427.2 
545.9 

439.7 
547.4 

450.2 
535.1 

461.7 
545.7 

475.4 
593.0 

486.4 
630.7 

Total 

1,021.9 

1,043.9 

1,067.2 

977.2 

976.9 

973.1 

987.1 

985.3 

1,007.4 

1,068.4 

1,117.1 

1950 


Gold 

U.S.  Dollars.... 

500.3 
649.1 

1,149.4 

500.7 
675.2 

502.3 
689.9 

502.3 
674.9 

506.2 
676.2 

509.5 
745.9 

521.8 
798.7 

1,320.5 

533.4 
970.8 

542.8 
1,246.8 

1,789.6 

558.3 
1,268.3 

569.9 
1,217.3 

580.0 
1,161.5 

Total 

1,175.9 

1,192.2 

1,177.2 

1,182.4 

1,255.4 

1,504.2 

1,826.6 

1,787.2 

1,741.5 

1951 


Gold 

U.S.  Dollars...  . 

596.0 
1,147.3 

606.9 
1,134.8 

1,741.7 

610.4 
1,043.0 

1,653.4 

625.3 
1,039.0 

1,664.3 

634.4 
1,047.2 

645.7 
1,037.3 

1,683.0 

662.9 
1,005.8 

1,668.7 

672.7 
889.1 

682.6 
927.5 

724.2 
953.9 

792.2 
956.7 

841.7 
936.9 

Total 

1,743.3 

1,681.6 

1,561.8 

1,610.1 

1,678.1 

1,748.9 

1,778.6 

1952 


Gold 

U.S.  Dollars  .  .  . 

847.0 
936.5 

855.7 
931.3 

866.2 
921.0 

870.0 
932.7 

876.2 
930.5 

884.4 
943.3 

Total 

1,783.5 

1,787.0 

1,787.2 

1,802.7 

1,806.7 

1,827.7 

(1)  Gold  and  United  States  Dollars  held  by  the  Exchange  Fund  Account  and  Bank  of  Canada  and  United  States  Dollars  held  by  Other  Government  of  Canada 
■Accounts;  not  including  any  part  of  an  amount  of  $98.8  million  in  U.S.  Funds  borrowed  in  the  United  States  in  August  1949  by  the  Government  of  Canada  and 
set  aside  for  the  purpose  of  retiring  an  equal  amount  of  certain  securities  payable  in  U.S.  dollars  in  following  months.  Also  excludes,  in  September  1950  only, 
an  amount  of  $50.0  million  set  aside  from  reserves,  as  well  as  $50.0  million  obtained  through  a  bond  issue  in  New  York,  to  redeem  a  Government  of  Canada 
issue  of  $100  million,  payable  in  U.S.  dollars  and  falling  due  on  October  1,  1950. 


97 


Cents  per  unit 


JUNE  1952 


VII— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 
OFFICIAL  RATES(1> 


1939  -  Sept.  16(2) 

1945  -  Oct.    15(» 

1946  -  July     6") 
1949  -  Sept.  20(2) 


U.  S.  Dollar  in  Canada 


Buying 


110.00 
110.00 
100.00 
110.00 


Selling 


111.00 
110.50 
100.50 
110.50 


Mid-rate 


110.50 
110.25 
100.25 
110.25 


£  Sterling  in  Canada 


Buying 


443.00 
443.00 
402.00 
307.25 


Selling 


447.00 
445.00 
404.00 
308.75 


Mid-rate 


445.00 
444.00 
403.00 
308.00 


MARKET  RATES 


(3) 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 
1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1951— June 

107.31 

106.63 

106.94 

300.50 

298.50 

299.41 

July 

106.63 

105.53 

106.05 

298.50 

295.38 

296.90 

Aug. 

105.94 

105.09 

105.56 

296.50 

294.13 

295.46 

Sept. 

105.75 

105.19 

105.56 

296.00 

294.38 

295.46 

Oct. 

105.50 

104.19 

105.08 

295.25 

291.63 

294.11 

Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

Feb. 

100.69 

100.00 

100.11 

280.00 

278.06 

278.43 

Mar. 

100.00 

98.38 

99.60 

280.19 

276.75 

278.60 

Apr. 

98.50 

97.88 

98.09 

276.88 

274.31 

275.43 

May 

98.75 

98.00 

98.38 

276.88 

273.94 

275.50 

June 

98.38 

97.19 

97.91 

274.13 

270.63 

272.64 

(1)  Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16,  1939. 

(2)  Dates  on  which  official  rates  were  established  or  changed. 

(3)  Commencing  Oct.  2,  1950,  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  for  transactions  between  banks  in  the  exchange  market 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS 


en 


CANADIAN   DOLLARS 

I.05F 


BUSINESS  DAYS 


CANADIAN   DOLLARS 

1.05 


1.03 


1.0 


.99 


.97 


(1)   Market  rate;  see  footnote  (3)  to  table  above. 


1-+^ 

H 

MONTHLY 

p 

^"-t-s 

H 

\ 

NOO 

• AVER 

M 

L 

)W +■ 

K 

> 

V+^i 

1  1 

1       1 

1 1 

1    1 

iV 

i 

1.03 


JUNE  1952 


Millions  of  Dollars 


98 


VIII— CONSUMER  CREDIT  OUTSTANDING 

ESTIMATES  OF  SELECTED  ITEMS 


(i) 


Charge 
Accounts'2' 

Instalment  Credit 

Cash 
Personal 
Loans'6' 

Total  of 

Retail 
Dealers'3' 

Finance 
Companies'4' 

Total 

Selected 

Items 

1948  —  Sept.  30 

271 

86 

70 

156 

258 

685 

Dec.  31 

300 

111 

71 

182 

266 

748 

1949  —  Mar.  31 

267 

105 

72 

177 

268 

712 

June  30 

299 

113 

99 

212 

286 

797 

Sept.  30 

300 

115 

109 

224 

297 

821 

Dec.  31 

328 

140 

116 

256 

308 

892 

1950  —  Mar.  31 

291 

130 

122 

252 

316 

859 

June  30 

313 

138 

162 

300 

346 

959 

Sept.  30 

331 

145 

192 

337 

374 

1,042 

Dec.  31 

377 

170 

202 

372 

386 

1,135 

1951  —  Mar.  31 

349 

143 

210 

353 

394 

1,096 

June  30 

357 

122 

228 

350 

400 

1,107 

Sept.  30 

357 

100 

225 

325 

386 

1,068 

Dec.  31  f 

402 

104 

194 

298 

388 

1,088 

1952  —  Mar.  31* 

351 

94 

185 

279 

385 

1,015 

(1) 


(2) 
(3) 
(4) 

(5) 
t 


Estimates  of  charge  accounts  and  instalment  receivables  outstanding  on  the  books  of  retail  dealers  do  not  include  Newfoundland.      In  the  case  of  other  items, 

Newfoundland  estimates  have  been  included  as  available  commencing  June  30,  1949.      Sources:  Dominion  Bureau   of   Statistics,  Department  of  Finance, 

Department  of  Insurance,  Department  of  Agriculture  and   Bank  of   Canada.      Further  information  with   respect   to  definitions,  sources  and   methods   is 

available  on  request  from  the  Research  Department,  Bank  of  Canada. 

Charge  accounts  receivable  outstanding  on  the  books  of  retail  dealers.     Excludes  Newfoundland. 

Instalment  receivables  outstanding  on  the  books  of  retail  dealers.     Excludes  Newfoundland. 

Instalment  paper  held  by  sales  finance  and  acceptance  companies  in  connection  with  the  financing  of  retail  purchases  of  consumer  goods,  largely  new  and 

used  automobiles. 

Includes  estimated  personal  loans  by  chartered  banks,  small  loan  companies,  licensed  money  lenders  and  credit  unions. 

Revised.         *  Preliminary. 


MILLIONS    OF    DOLLARS 


1200 


CONSUMER   CREDIT   OUTSTANDING 

ESTIMATES  OF  SELECTED  ITEMS 
QUARTERLY 


(1) 


MILLIONS  OF   DOLLARS 


DMJSDMJ     SDMJSDMJSDMJSD 
1948  1949  1950  1951  1952 

(1)  See  footnotes  to  table  above. 


D      M      J      S      D 
1952 


99 


JUNE  1952 


IX— BUSINESS  ACTIVITY 


Dominion  Bureau  of  Statistics 

Production 

Res- 
idential 

Con- 
struction 

Value 

of 

Department 

Employ- 

Aggregate 

Car 
Loadings 

ment 
Index 

(4) 

Payrolls 

News- 

Central 

Index 

(4) 

Gold 

Nickel 

Steel 

print 
(i) 

Electric 
Stations'2' 

Contracts 
Awarded <3) 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions 

Millions 

Fine  Ounces 

Short  Tons 

Short  Tons 

Short  Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939  =  100 

1939  =  100 

AnnualTotals<5> 

1932 

3,044 

15 

380 

2,186 

12,296 

29 

2,180 

254 

(6) 

(6) 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

(6) 

(6) 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

87.3 

168.0 

321.8 

1951 

4,364 

137 

3,567 

5,516 

51,916 

437 

4,183 

902 

180.1 

381.3 

12-mths.  ending 

May  1952 

4,339 

140 

3,646 

5,604 

53,584 

416 

4,169 

905 

182.1 

402.4 

Monthly 

1951— Apr. 

363.1 

10.5 

312.0 

447.6 

4,229 

49.8 

337 

75.1 

173.3 

357.8 

May 

369.4 

12.4 

313.3 

485.7 

4,409 

52.0 

380 

76.6 

175.6 

367.9 

June 

362.6 

11.8 

293.5 

464.3 

4,243 

50.3 

370 

69.5 

180.3 

379.0 

July 

344.4 

11.8 

274.6 

452.5 

4,206 

43.8 

350 

54.5 

183.6 

392.5 

Aug. 

345.1 

12.2 

286.8 

484.6 

4,317 

35.2 

363 

61.5 

184.3 

394.0 

Sept. 

359.0 

11.6 

268.2 

431.1 

4,149 

30.0 

350 

72.4 

185.1 

400.2 

Oct. 

378.4 

11.7 

309.4 

492.5 

4,512 

29.2 

390 

81.3 

186.5 

410.0 

Nov. 

372.4 

11.5 

307.1 

471.7 

4,473 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

376.0 

11.3 

296.5 

435.3 

4,626 

26.9 

315 

119.8 

186.6 

416.7 

1952— Jan. 

354.6 

11.8 

317.0 

470.5 

4,784 

20.0 

333 

55.2 

181.0 

388.6 

Feb. 

352.7 

10.7 

305.9 

457  8 

4,500 

17.8 

316 

60.2 

177.8 

402.9 

Mar. 

364.7 

12.3 

339.4 

476.5 

4,702 

30.2 

331 

70.2 

178.0 

409.0 

Apr. 

363.1 

12.3 

316.6 

471.2 

4,475 

42.9 

326 

75.1 

177.7 

411.5 

May 

365.9 

11.3 

330.5 

496.0 

4,596 

42.6 

358 

83.7 

177.4 

410.5 

(1)    Source:  Newsprint  Association  of  Canada.     Includes  Newfoundland.  (2)  Total  output  less  exports  and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.         (3)  Source:  McLean  Building  Reports,  Ltd.  (4)  9  Leading  industries.       First  of  month  figures.  (5)  Average  of 

months  in  case  of  Employment  and  Payrolls  Indexes.  (6)   Not  available. 


X— WHOLESALE  PRICES 

CANADA 

Dominion  Bureau  of  Statistics 


Aver,  of  Mths. 

1926 

1939 

1947 

1948 

1949 

1950 

1951 
Monthly 
1951— Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 
Feb. 

Mar. 
Apr. 
May 


Farm  Products0' 


Field  f 


Animal 


Total  f 


Raw  and 
Partly 
Manu- 
factured 


Fully  & 
Chiefly 
Manu- 
factured 


I 


Index  1935 -39  =  100 


Total 


158.5 

130.2 

144.4 

129.1 

133.0 

83.7 

101.5 

92.6 

94.9 

101.9 

184.1 

200.2 

192.2 

164.3 

162.4 

200.6 

263.7 

232.1 

196.3 

192.4 

191.9 

265.4 

228.7 

197.1 

199.2 

191.9 

281.4 

236.7 

212.8 

211.0 

193.4 

336.9 

265.1 

237.9 

242.4 

198.8 

347.1 

272.9 

239.4 

244.0 

199.2 

331.6 

265.4 

239.2 

244.8 

194.6 

336.1 

265.3 

239.3 

244.3 

192.0 

353.1 

272.6 

244.0 

243.6 

195.4 

358.9 

277.1 

242.5 

245.6 

178.3f 

348.3 

263. 3 f 

237.1 

245.0 

181.7 

339.2 

260.5 

235.7 

243.7 

188.1 

330.4 

259.3 

236.3 

242.7 

201.4 

328.5 

264.9 

237.1 

241.5 

204.4 

328.9 

266.7 

236.0 

239.8 

208.0 

318.2 

263.1 

233.3 

239.7 

205.1 

297.3 

251.2 

227.8 

236.2 

213.3 

283.3 

248.3 

225.5 

234.6 

217.1 

273.7 

245.4 

221.3 

230.7 

223.2 

265.4 

244.3 

220.2 

228.1 

130.3 
99.2 
163.3 
193.4 
198.3 
211.2 
240.2 

241.9 
242.4 
241.9 
243.0 
243.7 
241.4 
240.0 
239.6 
239.1 
237.7 

236.8 
232.6 
230.8 
226.9 
224.8 


U.S.A. 

Bureau  of  Labour  Statistics 


Farm 
Products 


Pro- 
cessed 
Foods 


All  Other 

Com- 
modities 


Total 


Index  1947-49  =  100 


100.0 

107.3 

92.8 

97.5 

113.4 

117.6 
117.5 
115.7 
113.9 
111.1 
110.4 
109.9 
111.5 
112.0 
111.3 

110.0 
107.8 
108.2 
108.7 
108.1 


* 

71.5 

* 

58.1 

98.2 

95.3 

106.1 

103.4 

95.7 

101.3 

99.8 

105.0 

111.4 

115.9 

112.0 

117.3 

111.8 

117.1 

112.3 

116.8 

111.3 

116.2 

110.7 

115.7 

111.2 

114.9 

110.9 

114.8 

111.6 

114.6 

111.0 

114.5 

110.7 

114.6 

110.1 

114.3 

109.5 

114.2 

109.2 

113.8 

108.0 

113.3 

108.6 

113.0 

65.0 

50.1 

96.4 

104.4 

99.2 

103.1 

114.8 

116.5 
116.3 
115.9 
115.1 
114.2 
113.7 
113.4 
113.7 
113.6 
113.5 

113.0 
112.5 
112.3 
111.8 
111.6 


Total 


(2) 


124.2 
95.7 
184.1 
199.4 
189.4 
196.9 
219.3 

222.5 
222.1 
221.4 
219.8 
218.1 
217.2 
216.6 
217.2 
217.0 
216.8 

215.8 
214.9 
214.5 
213.5 
213.1 


U.K. 

Bd.  Trade 


Total 


(3) 


124.8 
103.5 
193.2 
220.9 
231.6 
264.2 
321.8 

315.8 
321.0 
322.0 
323.2 
322.2 
325.9 
327.5 
331.1 
330.9 
332.5 

337.3 
331.7 
335.3 
332.2 
330.4 


(1)  An  independent  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index".  Prices  include  subsidies.  t  Participation 
payments  are  included  from  Mar.  to  July  1951  and  initial  payments  only,  where  applicable,  thereafter.  (2)  Adjusted  to  1935-39  =  100  from  base  1947-49  =  100. 
(3)  Adjusted  to  1935-39  - 100  from  base  1913  =  100  in  1926  and  from  base  1930  =  100  thereafter.         *  Not  available. 


JUNE  1952 


100 


Index  1935-39  =  100 


XI— COST  OF  LIVING 

Dominion  Bureau  of  Statistics 


(i) 


Total 
Index 

Food 

Fuel  and 
Lighting 

Clothing 

Rent 

Home 
Furnishings 
and  Services 

Miscellaneous 

Weighting 

100 

31 

6 

12 

19 

9 

23 

Average  of  Months 

1926 

121.8 

133.3 

116.8 

139.1 

115.9 

106, 

1939 

101.5 

100.6 

101.2 

100.7 

103.8 

101.4 

101.4 

1946 

123.6 

140.4 

107.4 

126.3 

112.7 

124.5 

112.6 

1947 

135.5 

159.5 

115.9 

143.9 

116.7 

141.6 

117.0 

1948 

155.0 

195.5 

124.8 

174.4 

120.7 

162.6 

123.4 

1949 

160.8 

203.0 

131.1 

183.1 

123.0 

167.6 

128.8 

1950 

166.5 

210.9 

138.3 

182.3 

132.9 

169.2 

132.6 

1951 

184.5 

241.1 

147.1 

203.1 

140.0 

194.4 

141.3 

First  of  Month 

1951— Jan. 

172.5 

220.2 

141.5 

187.1 

136.4 

179.8 

135.8 

Feb. 

175.2 

224.4 

141.7 

192.4 

136.4 

185.1 

137.0 

Mar. 

179.7 

233.9 

146.5 

196.3 

137.6 

188.6 

137.8 

Apr. 

181.8 

238.4 

146.7 

198.8 

137.6 

190.7 

138.8 

May 

182.0 

235.4 

146.2 

201.5 

137.6 

194.9 

140.7 

June 

184.1 

239.8 

146.2 

202.5 

139.8 

197.1 

141.0 

July 

187.6 

249.7 

147.2 

202.9 

139.8 

197.4 

142.2 

Aug. 

188.9 

251.4 

148.2 

204.6 

139.8 

199.0 

143.7 

Sept. 

189.8 

251.1 

149.5 

206.9 

142.7 

199.1 

144.0 

Oct. 

190.4 

249.7 

150.2 

213.8 

142.7 

200.1 

144.3 

Nov. 

191.2 

250.2 

150.8 

214.6 

144.8 

199.9 

144.9 

Dec. 

191.1 

249.3 

150.8 

215.5 

144.8 

200.6 

144.9 

1952— Jan. 

191.5 

250.0 

151.2 

215.3 

144.8 

201.1 

145.7 

Feb. 

190.8 

248.1 

151.3 

213.0 

144.8 

200.1 

146.5 

Mar. 

189.1 

241.7 

152.5 

211.2 

146.3 

200.8 

146.9 

Apr. 

188.7 

240.2 

152.5 

210.4 

146.3 

200.5 

147.9 

May 

186.7 

235.3 

150.6 

210.1 

146.3 

198.2 

147.4 

June 

187.3 

237.0 

149.8 

209.3 

147.9 

197.2 

147.4 

11)   Components  were  selected  and  weighted  on  the  basis  of  1938  family  incomes  ranging  from  $450-52,500,  with  incomes  between  $1,000-$1,600  most  common. 


Index  1935-39  =  100 


XII— U.S.A.  CONSUMERS'  PRICE  INDEX 

17.5.  Bureau  of  Labor  Statistics 


(i) 


Total 
Index 

Food 

Apparel 

Rent 

Fuel,  Electri- 
city and 
Refrigeration 

Home 
Furnishings 

Miscellaneous 

Old  Series 

Average  of  Months 

1926 

126.4 

137.4 

120.6 

150.7 

117.2 

118.8 

102.6 

1939 

99.4 

95.2 

100.5 

104.3 

99.0 

101.3 

100.7 

1946 

139.5 

159.6 

160.2 

110.1 

112.4 

159.2 

128.8 

1947 

159.6 

193.8 

185.8 

113.6 

121.1 

184.4 

139.9 

1948 

171.9 

210.2 

198.0 

121.2 

133.9 

195.8 

149.9 

1949 

170.2 

201.9 

190.1 

126.4 

137.5 

189.0 

154.6 

1950 

171.2 

204.1 

188.0 

124.1 

141.1 

190.8 

157.1 

1951 

185.9 

227.2 

206.2 

128.8 

146.0 

212.8 

166.8 

New  Series 

Average  of  Months 

1950 

171.9 

204.5 

187.7 

131.0 

140.6 

190.2 

156.5 

1951 

185.6 

227.4 

204.5 

136.2 

144.1 

210.9 

165.4 

Mid-Month 

1951— Jan. 

181.5 

221.9 

198.5 

133.2 

143.3 

207.4 

162.1 

Feb. 

183.8 

226.0 

202.0 

134.0 

143.9 

209.7 

163.2 

Mar. 

184.5 

226.2 

203.1 

134.7 

144.2 

210.7 

164.3 

Apr. 

184.6 

225.7 

203.6 

135.1 

144.0 

211.8 

164.6 

May 

185.4 

227.4 

204.0 

135.4 

143.6 

212.6 

165.0 

June 

185.2 

226.9 

204.0 

135.7 

143.6 

212.5 

164.8 

July 

185.5 

227.7 

203.3 

136.2 

144.0 

212.4 

165.0 

Aug. 

185.5 

227.0 

203.6 

136.8 

144.2 

210.8 

165.4 

Sept. 

186.6 

227.3 

209.0 

137.5 

144.4 

211.1 

166.0 

Oct. 

187.4 

229.2 

208.9 

138.2 

144.6 

210.4 

166.6 

Nov. 

188.6 

231.4 

207.6 

138.9 

144.8 

210.8 

168.4 

Dec. 

189.1 

232.2 

206.8 

139.2 

144.9 

210.2 

169.1 

1952— Jan. 

189.1 

232.4 

204.6 

139.7 

145.0 

209.1 

169.6 

Feb. 

187.9 

227.5 

204.3 

140.2 

145.3 

208.6 

170.2 

Mar. 

188.0 

227.6 

203.5 

140.5 

145.3 

207.6 

170.7 

Apr. 

188.7 

230.0 

202.7 

140.8 

145.3 

206.2 

171.1 

May 

189.0 

230.8 

202.3 

141.3 

144.6 

205.4 

171.4 

(1)  The  U.S.A.  Consumers'  Price  Index  was  provisionally  revised  in  January  1950  to  bring  the  index  into  closer  conformity  with  current  consumption  patterns, 
as  well  as  to  incorporate  an  adjustment  in  the  rent  index  and  in  population  weights.  For  further  details,  see  "Monthly  Labor  Review",  U.S.  Bureau  of 
Labor  Statistics,  April  1951. 


101 


Index  1939  =  100 


JUNE  1952 


XIII— EMPLOYMENT  INDEXES (1> 

Dominion  Bureau  of  Statistics 


Forestry 
(chiefly 
logging) 

Trans- 

Finance, 

Mining 

Manu- 
facturing 

Con- 
struction 

portation  & 
Communi- 

Public 

Utilities 

Trade 

Insurance, 
Real 

Services 

Total 

cations 

Estate 

Aver,  of  Months 

1947 

237.7 

94.2 

171.0 

138.1 

159.6 

139.1 

146.2 

134.9 

166.4 

158.3 

1948 

220.0 

103.4 

176.0 

153.8 

165.7 

161.3 

156.0 

141.4 

174.4 

165.0 

1949 

158.9 

106.4 

175.9 

161.2 

167.3 

181.3 

162.0 

147.4 

175.9 

165.5 

1950 

160.2 

112.2 

177.5 

165.0 

167.2 

183.6 

167.2 

155.3 

177.7 

168.0 

1951     (2) 

220.3 

117.7 

190.0 

177.6 

177.6 

187.5 

174.0 

169.8 

181.3 

180.2 

First  of  Month 

1950— July 

147.2 

114.8 

178.6 

184.7 

171.5 

188.9 

165.3 

155.6 

186.3 

170.8 

Aug. 

149.4 

115.1 

179.6 

190.8 

175.6 

193.4 

164.6 

156.1 

188.2 

172.5 

Sept. 

161.9 

115.0 

182.5 

194.4 

171.4 

191.7 

165.7 

155.7 

187.9 

174.1 

Oct. 

193.4 

115.6 

185.6 

189.2 

175.1 

186.7 

170.5 

159.5 

182.5 

177.1 

Nov. 

233.7 

116.0 

185.4 

185.8 

173.9 

185.5 

174.2 

159.9 

176.7 

178.1 

Dec. 

260.5 

116.8 

185.3 

180.4 

173.1 

183.3 

181.8 

159.6 

173.4 

179.2 

1951— Jan. 

256.0 

115.1 

182.4 

158.1 

168.1 

179.8 

184.4 

159.8 

172.9 

175.3 

Feb. 

248.3 

114.9 

184.5 

145.1 

165.0 

180.1 

169.5 

160.8 

173.3 

172.3 

Mar. 

244.1 

114.7 

186.3 

139.7 

165.7 

178.3 

168.1 

161.7 

172.5 

172.3 

Apr. 

208.0 

114.7 

188.8 

141.9 

166.7 

179.4 

170.9 

167.5 

172.9 

173.3 

May 

167.9 

115.0 

189.9 

163.4 

171.5 

183.2 

171.0 

170.8 

175.9 

175.6 

June 

188.6 

116.4 

192.0 

182.7 

176.5 

190.9 

172.8 

171.0 

180.9 

180.3 

July 

197.6 

119.0 

193.9 

190.4 

183.2 

193.8 

173.3 

172.0 

188.8 

183.6 

Aug. 

180.5 

120.0 

194.0 

199.5 

186.4 

195.8 

170.8 

172.6 

193.4 

184.3 

Sept. 

181.8 

119.5 

194.1 

206.7 

189.0 

195.3 

171.0 

173.0 

193.7 

185.4 

Oct. 

214.6 

120.1 

194.2 

206.1 

186.7 

191.8 

175.5 

173.3 

187.9 

186.5 

Nov. 

262.3 

121.4 

190.8 

203.1 

186.4 

190.7 

176.7 

176.4 

183.2 

186.4 

Dec. 

293.4 

121.6 

189.1 

194.3 

185.4 

190.5 

183.6 

178.4 

180.7 

186.6 

1952— Jan. 

288.4 

120.2 

183.6 

167.0 

181.3 

187.3 

185.2 

178.7 

178.1 

181.0 

Feb. 

275.9 

121.6 

185.2 

157.2 

177.8 

185.5 

170.4 

178.4 

177.3 

177.8 

Mar. 

266.7 

122.9 

187.3 

153.2 

177.4 

185.9 

169.3 

178.2 

178.3 

178.0 

Apr. 

208.2 

122.1 

188.0 

158.6 

181.2 

186.9 

171.0 

178.6 

180.0 

177.8 

(1)  As  reported  by  establishments  with  not  less  than  15  employees.     Includes  casual  and  part-time  employees. 

(2)  As  reported,  first  of  month,  for  the  last  pay  period  in  the  previous  month. 


Index  1939  =  100 


INDEX  NUMBERS  OF  PAYROLLS ( 

Dominion  Bureau  of  Statistics 


Forestry 
(chiefly 
logging) 

Mining 

Manu- 
facturing 

Con- 
struction 

Trans- 
portation & 
Communi- 
cations 

Public 
Utilities 

Trade 

Finance, 

Insurance, 

Real 

Estate 

Services 

Total 

Aver,  of  Months 

1947 

486.4 

141.5 

272.7 

259.6 

229.7 

192.9 

211.0 

178.6 

258.7 

245.2 

1948 

495.8 

175.9 

314.1 

315.1 

263.6 

247.5 

247.0 

195.8 

292.7 

282.9 

1949 

368.5 

191.0 

339.2 

354.0 

282.0 

295.9 

275.0 

214.5 

308.8 

303.7 

1950 

388.2 

211.2 

360.2 

379.9 

286.5 

317.9 

297.4 

233.7 

320.1 

321.8 

1951     m 

616.8 

245.4 

427.6 

460.6 

333.7 

355.5 

340.0 

270.4 

349.4 

381.3 

First  of  Month 

1950— July 

350.2 

216.2 

364.1 

423.0 

296.5 

326.7 

296.7 

235.5 

332.4 

328.3 

Aug. 

366.3 

219.8 

366.7 

437.6 

303.7 

333.6 

296.9 

235.2 

333.5 

332.5 

Sept. 

407.7 

211.7 

369.9 

449.7 

261.8 

332.2 

297.5 

234.3 

329.7 

328.0 

Oct. 

481.1 

220.9 

385.1 

447.8 

309.1 

329.3 

307.6 

243.7 

334.2 

346.6 

Nov. 

587.5 

226.0 

389.7 

444.8 

305.9 

324.9 

317.1 

245.3 

326.8 

351.7 

Dec. 

647.5 

230.5 

394.6 

427.0 

309.8 

329.6 

328.1 

245.9 

324.1 

356.3 

1951— Jan. 

632.1 

217.0 

373.1 

343.8 

299.6 

321.2 

333.9 

246.5 

318.7 

338.2 

Feb. 

609.0 

233.1 

402.1 

359.8 

302.7 

326.1 

317.4 

251.2 

327.1 

351.5 

Mar. 

633.7 

235.2 

405.3 

353.8 

303.8 

331.1 

319.5 

252.1 

330.8 

353.8 

Apr. 

549.8 

230.1 

414.6 

352.0 

308.8 

331.5 

325.6 

264.6 

332.0 

357.8 

May 

472.8 

237.4 

423.7 

408.9 

317.6 

343.3 

332.9 

271.3 

340.9 

367.9 

June 

539.8 

238.3 

429.0 

459.3 

331.2 

359.2 

338.4 

272.0 

350.4 

379.0 

July 

589.7 

250.2 

440.0 

495.7 

346.2 

369.3 

345.5 

273.6 

363.7 

392.5 

Aug. 

495.2 

254.2 

440.1 

526.3 

352.9 

373.7 

342.9 

274.7 

368.0 

394.0 

Sept. 

505.5 

252.3 

446.1 

556.0 

361.3 

371.0 

342.4 

276.1 

369.3 

400.2 

Oct. 

630.2 

263.0 

454.4 

570.8 

359.2 

375.8 

354.4 

280.9 

367.0 

410.0 

Nov. 

820.3 

264.7 

451.4 

559.0 

360.5 

377.9 

358.1 

289.6 

363.7 

413.4 

Dec. 

923.3 

268.7 

451.8 

542.3 

361.0 

385.7 

368.6 

292.4 

361.5 

416.7 

1952— Jan. 

859.5 

252.5 

417.8 

410.4 

353.0 

378.8 

374.6 

292.0 

351.2 

388.8 

Feb. 

842.6 

267.8 

449.9 

454.8 

344.6 

383.9 

355.9 

292.9 

354.5 

402.9 

Mar. 

878.8 

273.4 

458.0 

455.1 

349.8 

388.0 

355.9 

296.7 

362.5 

409.0 

Apr. 

711.1 

278.5 

466.4 

471.6 

348.6 

393.0 

358.2 

305.1 

364.4 

411.1 

(1)  As  reported  by  establishments  with  not  less  than  15  employees.      Includes  casual  and  part-time  employees.      Gross  payrolls  before  deductions  made  for  income 
tax,  etc.     Includes  overtime  and  cost-of-living  payments. 

(2)  As  reported,  first  of  month,  for  the  last  pay  period  in  the  previous  month. 


JUNE  1952 


Millions  of  Kilowatt  Hours 


102 


XIV— CENTRAL  ELECTRIC  STATIONS 

Dominion  Bureau  of  Statistics  &  Bank  of  Canada 


(U 


Production 

Exports 

Consumption 

Daily  Averages 

Generated 
by 

Generated 
by 

Total 

to 
U.S.A. 

(Estimated) 

Secondary 
Power 

Firm 
Power 

Water 

Fuel 

(Estimated) 

Calendar  Years 

1926 

32.2 

.5 

32.7 

4.1 

4.3 

2.9 

21.3 

1932 

42.5 

.8 

43.4 

1.8 

6.2 

7.9 

27.4 

1937 

74.2 

1.4 

75.6 

5.1 

10.6 

21.4 

38.6 

1948 

118.3 

3.5 

121.8 

4.8 

11.7 

6.1 

99.2 

1949 

123.5 

4.3 

127.9 

4.8 

12.3 

7.7 

103.0 

1950 

134.5 

5.0 

139.5 

5.3 

13.4 

7.9 

112.8 

1951 

152.3 

5.0 

157.3 

6.5 

15.1 

8.6 

127.1 

Monthly 

1951— Feb. 

151.2 

5.2 

156.3 

5.9 

15.0 

8.2 

127.2 

Mar. 

153.3 

5.2 

158.4 

6.5 

15.2 

9.5 

127.3 

Apr. 

158.2 

5.0 

163.2 

6.9 

15.6 

15.3 

125.3 

May 

160.9 

4.6 

165.5 

7.5 

15.8 

15.9 

126.4 

June 

152.5 

4.4 

157.0 

7.5 

14.9 

8.0 

126.5 

July 

145.1 

4.3 

149.4 

7.7 

14.2 

6.0 

121.5 

Aug. 

143.6 

4.7 

148.3 

5.2 

14.3 

3.9 

124.9 

Sept. 

142.0 

4.8 

146.9 

4.5 

14.2 

4.1 

123.9 

Oct. 

153.3 

5.5 

158.7 

6.5 

15.2 

6.6 

130.3 

Nov. 

159.2 

5.4 

164.6 

6.8 

15.8 

8.7 

133.3 

Dec. 

159.1 

5.8 

164.9 

6.9 

15.8 

8.8 

133.4 

1952— Jan. 

164.0 

6.0 

170.0 

6.8 

16.3 

8.8 

138.0 

Feb. 

165.5 

5.9 

171.4 

7.3 

16.4 

9.1 

138.6 

Mar. 

162.8 

5.5 

168.3 

7.7 

16.1 

9.0 

135.5 

Apr. 

162.7 

5.0 

167.7 

7.9 

16.0 

10.8 

133.0 

(1)    Including  Newfoundland  commencing  in  1950. 

CENTRAL  ELECTRIC  STATIONS*:  INSTALLED  CAPACITY  AND  OUTPUT 

BILLIONS  OF   KILOWATT  HOURS  MILLIONS   OF   HORSE  POWER  PERCENT 


1927 


1933 


1939 


1945 


1951 


I9P.7 


1933 


1939 


1945  1951 


(1)  Includes  Newfoundland  commencing  in  1950. 

(2)  Installed  capacity  of  1  horsepower  has  a  potential  output  of  746  watts  per  hour. 

(3)  The  installed  capacity  for  1950  and  1951  is  the  total  for  1949  plus  new  installations  in  1950  and  1951. 


MnOHBI^HaHBHaHl 


103 


JUNE  1952 


Millions  of  Dollars 


XV— CONSTRUCTION  CONTRACTS  AWARDED 

Compiled  from  "MacLean  Building  Reports" 


(i) 


Private  Contracts 

Public 
Contracts 
Awarded 

(2) 

Total 

Con- 

■  tracts 

Distribution 

by  Areas 

Resi- 
dential 

Industrial 

Business 

General 
Engin- 
eering 

Total 
Private 

.  C1) 
Maritime 

Quebec 

Ontario 

Western 

Annual  Totals 

1929 

128.9 

63.0 

139.6 

99.4 

431.0 

145.7 

576.7 

20.2 

187.8 

215.8 

152.9 

1932 

28.9 

7.8 

20.5 

15.6 

72.9 

60.0 

132.9 

9.3 

52.5 

49.3 

21.7 

1937 

56.2 

33.8 

33.4 

28.0 

151.5 

72.6 

224.1 

21.6 

71.9 

97.8 

32.8 

1947 

197.2 

113.5 

137.4 

49.2 

497.3 

220.8 

718.1 

59.9 

255.2 

258.7 

144.4 

1948 

373.1 

74.9 

166.9 

99.2 

714.1 

240.1 

954.1 

68.0 

327.1 

350.6 

208.3 

1949 

464.3 

103.8 

154.2 

142.0 

864.3 

275.8 

1,140.1 

58.0 

355.4 

421.1 

305.6 

1950 

541.7 

141.0 

219.3 

224.1 

1,126.1 

399.7 

1,525.8 

83.0 

534.0 

597.2 

311.7 

1951 

437.1 

451.8 

171.5 

649.5 

1,709.8 

585.6 

2,295.5 

102.6 

480.1 

1,017.4 

695.4 

12-mths.  ending 

May  1952 

415.9 

384.9 

148.3 

699.8 

1,648.6 

551.7 

2,200.3 

139.7 

414.9 

911.5 

734.4 

Monthly 

1951— Feb. 

25.0 

12.8 

15.4 

28.7 

81.9 

39.8 

121.7 

5.4 

55.8 

40.9 

19.5 

Mar. 

32.0 

64.8 

13.9 

8.1 

118.8 

57.7 

176.5 

8.7 

31.9 

109.0 

26.9 

Apr. 

49.8 

15.0 

14.0 

16.3 

95.1 

51.6 

146.7 

7.3 

32.2 

68.4 

38.8 

May 

52.0 

21.5 

17.3 

39.5 

130.3 

61.7 

192.0 

4.7 

67.6 

60.2 

59.5 

June 

50.3 

66.7 

18.6 

184.0 

319.6 

62.7 

382.3 

8.2 

53.5 

232.1 

88.5 

Julv 

43.8 

52.1 

13.5 

163.5 

273.0 

53.8 

326.8 

23.1 

34.5 

60.1 

209.1 

Aug. 

35.2 

15.6 

10.3 

65.1 

126.2 

61.4 

187.6 

11.5 

43.9 

54.6 

77.6 

Sept. 

30.0 

52.1 

17.0 

45.1 

144.1 

41.2 

185.3 

7.2 

43.2 

101.4 

33.5 

Oct. 

29.2 

25.7 

16.6 

32.2 

103.6 

35.5 

139.1 

5.9 

41.7 

61.0 

30.6 

Nov. 

47.0 

30.1 

10.3 

38.1 

125.4 

32.5 

157.9 

7.3 

25.4 

103.6 

21.6 

Dec. 

26.9 

28.7 

11.7 

4.1 

71.4 

49.1 

120.5 

6.7 

34.2 

61.4 

18.2 

1952— Jan. 

20.0 

6.2 

5.7 

97.1 

129.0 

22  3 

151.3 

7.1 

14.6 

33.4 

90.2 

Feb. 

17.8 

41.8 

6.4 

6.9 

72.8 

35.9 

108.7 

11.5 

20.0 

50.7 

26.5 

Mar. 

30.2 

26.6 

11.0 

5.1 

72.9 

29.4 

102.3 

5.3 

28.3 

43.0 

25.7 

Apr. 

42.9 

12.2 

11.9 

38.9 

105.9 

56.9 

162.8 

6.5 

34.9 

75.5 

45.9 

May 

42.6 

27.1 

15.3 

19.7 

104.7 

71.0 

175.7 

39.4 

40.7 

34.7 

61.0 

June 

61.0 

49.3 

203.9 

12.4 

62.5 

72.8 

56.3 

(1)  Includes  Newfoundland  commencing  January  1950.  (2)  Includes  most  of  the  contracts  for  defence  construction. 


MILLIONS  Or   DOLLARS 


TOTAL 


CONSTRUCTION   CONTRACTS  AWARDED 

RUNNING  1 2- MONTH  TOTALS 

RESIDENTIAL 


INDUSTRIAL 

MILLIONS  Or   DOLLARS 


2400 


1600 


1927      33       39      45       51     DJFMAMJJASOND     DJFMAMJJASONO 

BUSINESS'"  ENGINEERING  PUBLIC'2' 


300 


200 


100 


r 

^ 

1950-t. 

""■*«Ni«. 

L-1952 

M 

M 

M 

M 

DJFMAMJJASOND 

(1)  Public  garages,  hotels  and  clubs,  office  buildings,  stores,  theatres,  warehouses  and  churches. 

(2)  Hospitals,  schools,  public  buildings,  bridges,  sewers  and  waterworks,  marine  construction,  roads  and  streets, 
defence  construction  are  included  in  this  category. 


Most  of  the  contracts  for 


JUNE  1952 


Millions 


104 


XVI— DAIRYING  STATISTICS 

Dominion  Bureau  of  Statistics 


MILK  PRODUCTION 

AND  FARM  VALUE 

MANUFACTURED  DAIRY  PRODUCTS 

Total 

Fluid 

Sales 

CONSUMED(l) 

On  Farms 

Used  in 

Manufacture 

BUTTER(2) 

CheeseW) 

OtherU) 

Total 

lbs. 

dollars 

lbs. 

dollars 

lbs. 

dollars 

lbs. 

dollars 

lbs. 

dollars 

lbs. 

dollars 

lbs. 

dollars 

dollars 

Calendar  Yrs. 

1928 

12,708 

167.6 

1,814 

35.6 

2,675 

31.3 

8,219 

100.8 

267 

98.0 

145 

30.6 

150 

23.3 

151.9 

1929 

12,410 

164.6 

1,761 

35.3 

2,690 

31.4 

7,959 

98.0 

268 

98.4 

120 

21.6 

162 

25.6 

145.6 

1930 

13,071 

149.2 

2,524 

40.5 

2,219 

19.9 

8,329 

88.8 

283 

84.1 

120 

18.2 

164 

24.7 

127.0 

1931 

14,340 

139.8 

2,759 

39.6 

2,410 

18.7 

9,171 

81.5 

325 

70.3 

115 

12.9 

129 

19.4 

102.6 

1932 

13,997 

113.3 

2,699 

34.4 

2,371 

15.1 

8,927 

63.8 

313 

54.5 

121 

11.5 

116 

15.1 

81.1 

1933 

14,084 

115.7 

2,688 

34.9 

2,444 

15.5 

8,952 

65.3 

318 

59.0 

112 

11.2 

117 

13.7 

83.9 

1934 

14,452 

122.5 

2,786 

37.8 

2,468 

16.1 

9,198 

68.6 

334 

63.9 

100 

9.9 

127 

15.1 

88.9 

1935 

14,572 

126.9 

2,773 

37.4 

2,450 

16.7 

9,348 

72.8 

338 

68.8 

102 

10.7 

142 

16.7 

96.2 

1936 

15,122 

138.2 

2,829 

40.3 

2,510 

17.9 

9,784 

80.0 

346 

75.3 

120 

15.7 

156 

19.1 

110.1 

1937 

15,125 

146.3 

2,774 

40.5 

2,478 

18.9 

9,873 

87.0 

341 

83.9 

132 

18.1 

189 

24.1 

126.1 

1938 

15,820 

154.8 

3,013 

44.9 

2,566 

19.9 

10,240 

90.0 

358 

84.7 

125 

16.9 

208 

26.0 

127.6 

1939 

15,781 

144.9 

3,012 

45.1 

2,565 

19.5 

10,204 

80.3 

355 

77.9 

126 

15.4 

217 

25.8 

119.1 

1940 

15,999 

150.3 

3,018 

49.3 

2,613 

23.0 

10,369 

78.0 

349 

82.2 

146 

20.0 

255 

31.2 

133.4 

1941 

16,550 

198.4 

3,119 

57.6 

2,377 

25.2 

11,054 

115.6 

369 

117.6 

153 

24.9 

315 

41.0 

183.5 

1942 

17,489 

268.1 

3,388 

72.7 

2,475 

35.3 

11,626 

160.1 

363 

122.4 

208 

45.1 

345 

47.9 

215.4 

1943 

17,519 

296.8 

3,707 

84.7 

2,498 

39.5 

11,314 

172.7 

367 

124.8 

167 

39.1 

355 

49.2 

213.1 

1944 

17,624 

325.7 

3,912 

98.1 

2,509 

42.4 

11,203 

185.2 

353 

121.2 

183 

42.3 

376 

54.7 

218.2 

1945 

17,629 

345.6 

4,008 

103.0 

2,512 

60.5 

11,108 

182.2 

350 

121.1 

194 

43.4 

389 

51.5 

216.0 

1946 

16,956 

368.4 

4,254 

118.6 

2,551 

65.0 

10,151 

184.7 

328 

127.5 

154 

37.3 

388 

53.5 

218.3 

1947 

17,241 

420.9 

4,163 

131.4 

2,540 

74.5 

10,538 

215.0 

349 

182.0 

130 

35.9 

467 

73.0 

290.9 

1948 

16,730 

506.1 

4,025 

146.4 

2,342 

86.0 

10,363 

273.7 

350 

234.2 

99 

33.4 

538 

91.6 

359.2 

1949 

16,843 

458.0 

4,084 

147.8 

2,501 

79.1 

10,259 

231.2 

335 

196.9 

127 

40.8 

508 

81.8 

319.5 

1950 

16,449 

432.0 

4,157 

151.5 

2,749 

79.3 

9,543 

201.2 

311 

170.7 

111 

33.4 

513 

82.7 

286.9 

1951 

16,392 

490.8 

4,227 

165.2 

2,704 

92.1 

9,461 

233.6 

310 

191.6 

100 

35.3 

575 

101.8 

328.8 

(1)  Whole  milk  consumed  on  farms  and  fed  to  animals.  Includes  value  of  skim  milk,  buttermilk  and  whey  retained  on  farms  in  the  years  1945  to  1951  in- 
clusive. (2)  Includes  whey  butter  commencing  in  1945.  (3)  Includes  cottage  cheese  commencing  in  1945.  (4)  Mostly  concentrated  milk 
products  and  ice  cream. 


PRODUCTION  AND  CONSUMPTION 
MILK  COWS  ON  FARMS  AND  MILK   PRODUCTION 


OF  MILK  AND  DAIRY  PRODUCTS 

UTILIZATION  OF   MILK  PRODUCTION 


THOUSANDS  OF  COWS 


BILLIONS  OF   LBS. 


BILLIONS  OF  LBS. 


BILLIONS  OF   LBS 


46  47  48  49  50 

MANUFACTURED  DAIRY  PRODUCTS 


MILLIONS   OF   LBS. 


MILLIONS  OF   LBS. 


1945  46  47  48  49  50  51 

PER  CAPITA  CONSUMPTION  OF  DAIRY  PRODUCTS12' 

index  .94S-I00  AND   MARGARINE  index  kms.ioo 


1945  46  47  48  49  50 

(1)  Whole  milk  consumed  on  farms  and  fed  to  animals. 

(2)  Includes  imported  dairy  products. 


105 


106 


XVII— MERCHANDISE  EXPORTS: 

COMMODITY  CLASSIFICATION 

f 

Compiledfrom ' '  Trade  of  Canada" 

Dominion  Bureau  of  Statistics         —      *" 

Millions  of  Dollars      p- 

I 

Millions  of  Dollars 

Fruits 

and 

Vegetables 

Wheat 

and 
Wheat 
Flourd) 

Oats 

Other 

Grains 

and 

Products 

\ 

Live 
Cattle 

Bacon 
and 
Hams 

Other 
Meats 

Cheese 

Other 

Milk 
Products 

Eggs 

Seeds 

Other 

Farm(2) 

(incl. 

raw  wool) 

Fish 

(fresh  and 

frozen) 

Fish 

(canned  & 

salted) 

Furs 

Logs 

and 

Rounds 

Planks 

and 
Boards 

Pulpwood 

Wood  Pulp 

Newsprint 

Other 
Paper 

Other 

Wood 

Products 

Alcoholic 
Beverages 

Rubber 
&  Products 

(incl. 
Synthetic) 

Calendar  Years 
1929 

18 

302 

5 

26 

14 

7 

9 

19 

10 

- 

4 

24 

12 

24 

23 

10 

49 

13 

44 

149 

6 

22 

30 

32 

Calendar  Years 
1929 

1932 

11 

146 

5 

17 

2 

4 

3 

9 

3 

- 

1 

8 

7 

11 

11 

3 

13 

5 

19 

83 

3 

8 

12 

7 

1932 

1937 

16 

182 

2 

25 

16 

33 

9 

13 

5 

~ 

5 

23 

12 

16 

18 

7 

45 

12 

42 

126 

10 

20 

21 

18 

1937 

1946 

29 

417 

23 

41 

18 

66 

63 

22 

13 

27 

13 

39 

41 

45 

32 

20 

125 

29 

114 

266 

22 

50 

36 

22 

1946 

1947 

32 

446 

12 

55 

15 

62 

41 

14 

16 

37 

17 

44 

38 

44 

29 

24 

208 

35 

178 

342 

31 

69 

28 

33 

1947 

1948 

21 

383 

23 

74 

74 

70 

65 

12 

18 

39 

50 

55 

45 

40 

24     l 

26 

196 

44 

212 

383 

34 

60 

29 

33 

1948 

1949 

20 

533 

19 

59 

61 

24 

44 

16 

14 

21 

44 

51 

35 

59 

23 

20 

160 

31 

171 

434 

19 

40 

35 

26 

1949 

1950 

24 

418 

17 

56 

79 

28 

47 

17 

11 

6 

31 

53 

50 

63 

25 

13 

291 

35 

209 

486 

20 

61 

44 

12 

1950     ^ 

1951 

24 

551 

54 

105 

63 

4 

69 

10 

11 

4 

28 

59 

53 

64 

30     i 

14 

312 

68 

365 

536 

38 

65 

56 

29 

1951  ^ 

12-Mths.  ending 
Apr.  1952 

23 

599 

57 

114 

42 

3 

64 

10 

13 

3 

24 

60 

55 

64 

23    1 

16 

306 

72 

389 

562 

41 

61 

56 

33 

12-Mths.  ending 
Apr.  1952 

Monthly 
1950— Dec. 

2.1 

26.4 

5.0 

10.1 

7.5 

1.7 

4.3 

.3 

.4 

1.2 

4.2 

3.7 

3.4 

5.6 

5.4  \ 

1.2 

20.8 

3.2 

21.2 

42.2 

2.5 

6.9 

4.4 

1.5 

Monthly 
Dec-1950 

1951— Jan. 

2.2 

33.6 

2.4 

4.5 

5.5 

1.0 

3.5 

.2 

.3 

1.2 

4.9 

8.5 

4.6 

6.1 

6.5 

1.2 

24.0 

3.8 

24.0 

40.7 

2.8 

4.9 

4.2 

1.6 

Jan.-1951 
Feb. 

Feb. 

1.9 

27.4 

■  1.4 

3.7 

5.5 

.3 

2.3 

.3 

.3 

.4 

3.4 

6.2 

3.7 

5.1 

4.4 

1.0 

21.3 

3.9 

21.6 

35.8 

2.7 

4.8 

3.4 

1.8 

Mar. 

1.6 

31.0 

1.6 

3.5 

7.6 

.3 

2.2 

.1 

.4 

.2 

1.9 

6.3 

3.5 

5.2 

2.6 

1.2 

26.5 

4.7 

27.2 

43.3 

2.9 

6.2 

5.3 

2.1 

Mar. 

Apr. 

1.3 

35.9 

1.2 

3.9 

6.9 

.4 

4.2 

.1 

.5 

3.0 

5.6 

3.2 

4.3 

2.3 

.9 

27.5 

3.5 

26.6 

42.3 

2.8 

6.3 

4.4 

2.1 

Apr. 

May 

2.2 

46.2 

7.2 

7.2 

7.0 

.3 

9.7 

.1 

1.2 

.7 

3.6 

3.9 

4.7 

1.9 

.7 

26.6       1 

2.7 

31.5 

47.2 

3.2 

5.5 

4.3 

2.3 

May 

June 

1.6 

57.4 

4.6 

12.7 

4.9 

.2 

11.8 

.4 

1.2 

1.1 

3.6 

3.9 

5.1 

1.9 

1.4 

24.7 

5.8 

32.4 

39.2 

3.1 

4.5 

3.2 

2.1 

June 

July 

1.4    . 

63.3 

7.6 

11.2 

3.0 

.2 

9.8 

.9' 

1.2 

.9 

4.3 

5.2 

4.8 

1.7 

1.4 

28.7 

7.7 

34.3 

51.3 

3.3 

4.7 

4.0 

3.0 

July 

Aug. 

2.2 

42.3 

6.9 

6.1 

4.4 

.1 

6.0 

1.5 

1.4 

1.1 

3.9 

5.1 

4.0 

j..l 

1.5 

28.9 

8.0 

35.7 

51.5 

3.2 

5.1 

4.7 

2.6 

Aug. 

Sept. 

2.3 

39.8 

6.8 

7.0 

5.7 

.1 

5.7      . 

2.0 

.8 

.8 

3.1 

5.1 

5.0 

2.0 

1.1 

25.4 

7.1 

31.4 

44.0 

2.9 

5.3 

5.6 

3.1 

Sept. 

Oct. 

2.5 

59.7 

3.5 

13.6 

5.5 

.1 

7.4     \ 

2.6 

1.0 

1.7 

5.0 

6.1 

6.7 

.6 

1.5 

29.1 

8.7 

34.6 

50.1 

3.5 

5.6 

6.0 

2.6 

Oct. 

Nov. 

2.7 

76.8 

5.5 

15.2 

4.8 

.3 

4.4 

1.7 

1.5 

.3 

2.7 

4.2 

5.2 

5.7 

.6 

1.3 

25.9 

6.6 

32.5 

49.6 

3.3 

5.6 

5.8 

2.2 

Nov. 

Dec. 

2.0 

38.0 

5.3 

16.0 

2.2 

.3 

2.3 

.3 

1.3 

.9 

5.8 

4.7 

4.0 

7.5 

4.2 

1.0 

23.6 

5.4 

33.2 

41.4 

4.2 

6.7 

5.5 

3.5 

Dec. 

1952— Jan. 

2.1 

39.3 

2.1 

7.3 

1.3 

.4 

2.3 

.1 

.5 

.4 

4.6 

4.8 

4.2 

5.7 

3.6 

.9 

20.2 

5.8 

33.5 

47.2 

3.5 

3.9 

3.9 

2.7 

Jan-1952 

Feb. 

1.6 

44.3 

2.3 

5.6 

2.5 

.3 

2.1 

- 

.9 

.1 

2.4 

5.6 

3.8 

4.5 

2.0 

1.8 

22.2 

5.8 

27.4 

44.4 

3.3 

4.5 

4.0 

2.6 

Feb. 

Mar. 

1.3 

43.4 

1.9 

6.5 

.2 

.1 

1.6 

- 

1.0 

.2 

1.1 

10.6 

4.4 

5.2 

1.9 

1.5 

24.7 

5.7 

32.9 

48.3 

3.8 

4.7 

4.6 

3.3 

Mar. 

Apr. 

.6 

48.7 

3.6 

5.7 

I 

.1 

.9 

- 

.8 

.8 

.8 

6.9 

3.9 

5.1 

1.6 

1.5 

25.8 

3.0 

29.2 

47.9 

3.5 

4.7 

4.4 

2.7 

Apr. 

t 

J 

Other 
Fibres 

Farm 

Machinery 

Autos, 

Other 

Other 

Other 

Other 

Other 

Ships 

Aircraft 

AU 

Net  Non- 

Total 

Exports 

(Including 

gold) 

&  Textiles 

(excl. 

Trucks 

Vehicles 

Electrical 

Non- 

Non- 

Fertilizers 

Chemicals 

and 

and 

Other 

monetary 

(exd.  raw 
wool) 

Machinery 

agriculture) 

&  Parts 

&  Parts 

Steel 

Apparatus 

Products 

Products 

Products 

Products 

(ex.  gold) 

Products 

ferrous 
Metals 

metallic 
Minerals 

&  Products 

Vessels 

Parts 

Exports 

Gold 

Calendar  Years 

Calendar  Years 

1929 

- 

8 

20 

7 

47 

- 

16 

3 

15 

37 

11 

26 

12 

9 

5 

13 

17 

7 

14 

1 

- 

33 

37 

1,190 

1929 

1932 

- 

4 

2 

4 

7 

- 

4 

1 

4 

16 

3 

7 

6 

4 

2 

3 

6 

3 

8 

- 

- 

14 

70 

560 

1932 

1937 

2 

11 

10 

11 

27 

- 

18 

4 

19 

56 

18 

59 

19 

15 

5 

15 

16 

7 

15 

1 

- 

27 

145 

1,176 

1937 

1946 

8 

42 

29 

16 

78 

34 

71 

21 

56 

37 

17 

55 

21 

28 

13 

24 

33 

32 

35 

19 

10 

100 

96 

2,447 

1946 

1947 

12 

35 

42 

41 

92 

15 

84 

19 

64 

59 

31 

60 

23 

30 

17 

33 

42 

34 

49 

26 

6 

94 

99 

2,858 

1947 

1948 

7 

35 

74 

41 

55 

21 

91 

17 

102 

79 

35 

74 

25 

42 

22 

42 

53 

36 

43 

84 

11 

93 

119 

3,209 

1948 

1949 

2 

19 

93 

32 

39 

23 

106 

12 

94 

87 

42 

92 

28 

56 

15 

37 

36 

39 

31 

42 

25 

81 

139 

3,132 

1949 

1950 

5 

20 

88 

26 

40 

5 

92 

11 

107 

88 

38 

105 

34 

59 

16 

63 

40 

39 

62 

23 

4 

59 

162 

3,280 

1950 

1951 

4 

28 

106 

40 

79 

3 

113 

18 

125 

'     87 

45 

137 

49 

84 

25 

82 

50 

36 

96 

9 

8 

73 

150 

4,061 

1951 

12-Mths.  ending 

12-Mths.  ending 

Apr.  1952 

4 

31 

114 

45 

123 

3 

129 

24 

123 

96 

49 

147 

50 

103 

32 

82 

52 

39 

99 

8 

18 

77 

149 

4,286 

Apr.  1952 

Monthly 

Monthly 

1950— Dec. 

.3 

1.8 

5.8 

3.1 

3.7 

.2 

8.1 

1.2 

13.2 

7.4 

5.9 

8.4 

2.3 

5.4 

1.1 

5.8 

3.2 

3.4 

6.1 

- 

.3 

6.6 

11.3 

289.7 

Dec-1950 

1951— Jan. 

.3 

1.7 

8.5 

2.7 

1.7 

.2 

6.5 

1.2 

10.3 

6.6 

3.9 

11.8 

4.9 

7.4 

1.5 

6.3 

3.5 

3.2 

6.2 

1.4 

.4 

5.6 

17.3 

305.1 

Jan.- 1951 
Feb. 

Feb. 

.2 

1.7 

5.8 

2.8 

1.9 

.1 

4.8 

1.2 

7.4 

5.4 

2.4 

7.7 

5  4 

2.6 

1.0 

4.3 

2.9 

3.1 

6.0 

.1 

.5 

4.8 

11.7 

246.2 

Mar. 

.3 

1.9 

13.7 

2.8 

4.0 

.5 

5.6 

1.3 

10.8 

5.5 

3.9 

10.7 

3.3 

5.4 

2.9 

8.5 

3.5 

2.1 

6.5 

.5 

.5 

5.6 

8.4 

295.9 

Mar. 

Apr. 

.3 

2.1 

10.8 

3.4 

6.4 

.3 

8.4 

1.8 

12.7 

9.3 

3.2 

11.2 

2.8 

5.0 

1.5 

7.8 

3.8 

2.7 

7.8 

1.2 

.4 

6.2 

16.2 

314.6 

Apr. 

May 

.4 

3.3 

10.7 

3.8 

4.2 

.2 

7.5 

1.2 

12.1 

5.6 

5.2 

9.0 

4.1 

6.2 

1.5 

7.2 

4.2 

4.1 

7.8 

3.1 

'      .7 

6.4 

13.0 

341.3 

May 

June 

.4 

2.4 

10.4 

2.7 

3.5 

.2 

9.3 

1.5 

3.5 

6.6 

2.2 

9.1 

4.2 

7.6 

1.6 

6.7 

3.7 

3.7 

7.3 

.1 

.5 

5.9 

13.8 

333.7 

June 

July 

.4 

2.7 

9.2 

2.5 

5.6 

.2 

10.1 

1.6 

14.5 

7.7 

3.4 

12.7 

5.6 

9.6 

2.9 

6.9 

4.6 

2.5 

9.1 

.9 

.6 

7.0 

13.4 

387.8 

July 

Aug. 

.5 

2.5 

7.6 

2.3 

5.9 

.3 

11.5 

.9 

16.1 

5.6 

3.1 

13.3 

4.2 

6  8 

1.7 

7.4 

4.1 

3.0 

9.7 

.3 

.7 

6.0 

11.0     , 

351.8 

Aug. 

Sept. 

.2 

1.7 

6.2 

3.5 

9.2 

.1 

9.8 

1.5 

9.8 

7.4 

3.9 

11.4 

3.1 

7  5 

1.7 

6.7 

4.8 

2.9 

8.3 

.1 

.7 

5.9 

10.8 

329.4 

Sept. 

Oct. 

.4 

2.7 

8.3 

4.3 

12.3 

.3 

15.0 

1.9 

11.2 

7.0 

3.4 

13.7 

3.0 

8  8 

2.6 

7.2 

5.0 

2.4 

8.9 

.7 

.7 

7.0 

8.2 

392.8 

Oct. 

Nov. 

.3 

2.4 

7.5 

4.0 

12.7 

.5 

12.7 

1.7 

9.5 

7.9 

5.1 

12.8 

2.8 

9  8 

3.0 

5.5 

5.2 

3.1 

10.3 

.4 

.9 

6.4 

7.7 

396.7 

Nov. 

Dec. 

.6 

2.7 

7.7 

5.5 

11.9 

.2 

12.1 

2.0 

7.1 

12.6 

5.8 

13.4 

5.0 

7.7 

3.2 

7.5 

4.5 

3.0 

8.1 

.1 

.9 

6.6 

18.3 

365.6 

Dec. 

1952— Jan. 

.4 

2.6 

13.1 

3.5 

18.2 

.2 

12.3 

1.6 

7.1 

8.7 

4.2 

10.8 

4.3 

7  6 

2.8 

5.8 

4.3 

3.2 

7.6 

1.1 

.9 

6.0 

13.4 

340.0 

Jan.-1952 
Feb. 

Feb. 

.2 

2.2 

10.7 

3.9 

18.3 

.2 

9.5 

2.1 

8.9 

5.2 

3.9 

13.6 

2.5 

10  3 

2.7 

5.7 

4.3 

3.5 

7.2 

.1 

.9 

6.3 

13.2 

329.5 

Mar. 

.2 

2.9 

12.1 

4.7 

13.2 

.6 

10.9 

4.3 

9.9 

10.6 

4.5 

13.0 

6.8 

11  6 

4.6 

7.1 

4.1 

4.2 

7.5 

.1 

5.6 

6.8 

15.0 

369.3 

Mar. 

Apr. 

.3 

2.9 

10.8 

4.8 

8.4 

.4 

8.1 

3.4 

13.8 

11.2 

4.2 

13.9 

4.4 

9.7 

3.9 

8.0 

3.6 

4.0 

7.0 

1.1 

5.1 

6.2 

11.2 

348.1 

Apr. 

IotoYoSuTtoo*  mo  VtnTlo™   am"  Iom'^o^  %n^  inm'™??^  Sff."3,^  "SSEi  on  Board  of  Grain  Commissioners'  data  rather  than  Customs'  clearances.     (2)    Made  up  of  various  items  listed  in  "Trade  of  Canada"  under  code  numbers  180,  610,  690,  710.  790.  1170.  1500-1590,  1610.  1620,  1630.  1640,  1645,  1650,  1660. 
1670,  1680,  1700,  1710,  2015,  2020,  2025,  2060,  2065,  2066,  2070,  2075,  2080,  2085.  2090,  2095,  2100-2110.  2490,  2500-2525,  2750,  2795,  2805,  2810,  2812,  2825,  2840,  2845,  2855,  2860,  3160-3187. 


107 


Millions  of  Dollars 


JUNE  1952 


XVIII— EXPORTS  AND  IMPORTS  BY  COUNTRIES1' 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 
MERCHANDISE  EXPORTS m 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.S.A. 

U.K. 

U.K. 

Dependen- 
cies 

Union 

of 
South 
Africa 

Other 

Sterling 

Area 

(3) 

Western 

Europe  & 

Colonies 

(4) 

Central 

and 

South 

America 

All 
Other 

(S) 

Total 

All 

Countries 

Non- 
monetary 

Gold 
Exports 

Calendar  Years 
1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12  Mths.  end'g 

May  1952W 

2,329 

755 

89 

53 

166 

432 

272 

153 

4,250 

145 

Monthly 
1951-Jan. 

191.2 

40.0 

4.8 

3.9 

10.4 

16.2 

14.1 

10.8 

291.4 

17.3 

Feb. 

155.4 

33.0 

3.8 

1.2 

10.1 

14.6 

11.4 

7.8 

237.4 

11.7 

Mar. 

193.8 

38.9 

4.7 

3.6 

13.4 

14.5 

12.5 

9.9 

291.4 

8.4 

Apr. 

188.5 

43.8 

5.2 

6.5 

11.4 

17.8 

14.9 

15.2 

303.4 

16.2 

May 

206.2 

51.4 

6.3 

4.3 

9.2 

20.6 

18.0 

15.9 

331.9 

13.0 

June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan. 

191.1 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.4 

Feb. 

175.8 

44.1 

8.3 

4.1 

15.7 

32.0 

27.7 

12.1 

319.9 

13.2 

Mar. 

190.0 

69.6 

8.6 

4.5 

19.7 

28.2 

24.1 

14.3 

359.0 

15.0 

Apr. 

182.8 

69.4 

6.5 

3.5 

15.3 

23.6 

26.6 

13.0 

340.8 

11.2 

May'6' 

194.2 

96.4 

8.8 

4.3 

15.5 

40.6 

23.2 

12.2 

395.2 

8.5 

Millions  of  Dollars 

MERCHANDISE  IMPORTS 

Excess  of 

TOTAL  II 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.  K. 

Dependen- 

OF 

Sterling 

Europe  & 

and 

Other 

All 

Merch- 

(7) 

cies 

South 
Africa 

Area 

(3) 

Colonies 

(4) 

South 
America 

(5) 

Countries 

andise 
Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

203 

1950 

2.130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

12  Mths.  end'g 

Apr.  1952(» 

2,796 

375 

150 

5 

124 

182 

278 

76 

3,986 

201 

Monthly 

1951-Jan. 

233.3 

33.9 

12.5 

.2 

10.2 

9.5 

22.1 

5.4 

327.1 

35.7 

Feb. 

199.0 

27.8 

7.8 

.4 

6.7 

9.1 

17.0 

6.2 

274.2 

36.7 

Mar. 

245.7 

30.4 

12.2 

.5 

12.3 

11.4 

22.5 

7.4 

342.5 

51.1 

Apr. 

278.3 

48.9 

12.7 

.5 

9.2 

14.1 

22.2 

7.0 

393.0 

89.7 

May 

273.2 

43.2 

19.7 

.8 

11.6 

18.5 

27.3 

10.5 

404.7 

72.8 

June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec. 

203.1 

19.4 

8.4 

.3 

5.3 

•  9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan. 

228.7 

24.3 

8.1 

.2 

6.5 

11.8 

22.2 

5.1 

307.0 

24.0 

Feb. 

211.8 

21.3 

8.9 

.3 

7.7 

9.7 

18.7 

3.7 

282.0 

37.9 

Mar. 

253.5 

22.6 

6.5 

.4 

3.8 

12.5 

24.3 

3.3 

327.0 

32.0 

Apr.'6' 

245.6 

28.4 

6.7 

.3 

6.1 

11.0 

21.6 

4.3 

323.9 

16.9 

MayW 

284.4 

33.2 

387.9 

7.3 

(1)  Commencing  April  1.  1949,  external  trade  of  Newfoundland  is  included 

and   Canadian   trade  with   Newfoundland,   formerly   in   the   "All  Other"        (4) 
category,  disappears.  (5) 

(2)  Includes  exports  of  foreign  produce.  In  the  case  of  wheat  exports,  figures  are 
based   on    Board   of    Grain   Commissioners'   data   rather    than    Customs'        (6) 
clearances.     Excludes  defence  equipment  transferred  by  Canada  to  North        (7) 
Atlantic  Treaty  countries  which  in  1950  and  1951  amounted  to  56.8  and 
109.1  million  dollars  respectively. 

(3)  Consists  of  Eire,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 


Ceylon  and  Iraq.     Egypt  is  included  in  the  "All  Other"  category. 

Excludes  Spain,  but  includes  Greece.  Turkey,  and  British  Sudan. 

Includes  Egypt,  Spain,  Palestine,  and  also  Newfoundland  until  March  31, 

1949. 

Preliminary. 

Imports  from  the  United   Kingdom  do  not  include  articles  imported  for 

the  use  of  the  armed  forces  of  the  United  Kingdom.    In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)   and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded.         (8)  Estimates. 


JUNE  1952 


108 


XIX— EXPORTS  AND  IMPORTS: 

Index  1948  =  100 


INDEXES  OF  TOTAL  VALUE,  UNIT  VALUE  AND  VOLUME 

Dominion  Bureau  of  Statistics 


EXPORTS 

IMPORTS 

Terms  of 
Trade*1) 

Total  Value 

Unit  Value 

Volume 

Total  Value 

Unit  Value 

Volume 

Annual  Index 

1946 

75.2 

79.9 

94.1 

73.0 

76.5 

95.4 

104.4 

1947 

90.2 

91.6 

98.5 

97.6 

88.0 

110.9 

104.1 

1948 

100.0 

100.0 

100.0 

100.0 

100.0 

100.0 

100.0 

1949 

97.3 

103.3 

94.2 

104.7 

102.6 

102.0 

100.7 

1950 

101.4 

108.3 

93.6 

120.4 

110.3 

109.2 

98.2 

1951 

127.3 

122.5 

103.9 

154.8 

126.0 

122.9 

97.2 

Quarterly  Average 
1949—    I 

85.7 

106.3 

80.6 

101.0 

103.7 

97.4 

102.5 

II 

99.6 

104.2 

95.6 

112.9 

103.0 

109.6 

101.2 

III 

93.8 

101.0 

92.9 

100.7 

100.9 

99.8 

100.1 

IV 

110.1 

103.5 

106.4 

104.3 

104.4 

100.0 

99.1 

1950—    I 

84.4 

104.7 

80.6 

98.6 

107.8 

91.4 

97.1 

II 

101.7 

106.3 

95.6 

122.0 

107.9 

112.2 

98.5 

III 

102.7 

110.2 

93.2 

122.4 

110.8 

110.4 

99.5 

IV 

116.8 

111.8 

104.5 

138.8 

114.8 

121.1 

97.4 

1951—    I 

105.3 

117.7 

89.5 

143.3 

122.3 

117.2 

96.2 

II 

121.1 

122.0 

99.2 

175.7 

129.2 

136.0 

94.4 

III 

135.8 

124.8 

108.9 

157.4 

127.7 

123.2 

97.7 

IV 

147.0 

125.8 

116.8 

142.6 

122.4 

110.4 

102.8 

Monthly  Average 

1952— Jan. 

126.3 

125.0 

101.0 

139.6 

119.9 

116.4 

104.3 

Feb. 

120.8 

124.7 

96.9 

128.0 

117.6 

108.8 

106.0 

Mar. 

138.1 

123.9 

111.5 

148.0 

115.2 

128.5 

107.6 

Apr.<2> 

135.3 

122.1 

110.8 

147.5 

113.3 

129.9 

107.8 

May<2> 

148.6 

121.0 

122.8 

176.5 

(1)  Index  of  export  unit  value  divided  by  index  of  import  unit  value. 

(2)  Preliminary. 


INDEX  1948  *  100 


INDEXES   OF   TOTAL   VALUE,    UNIT   VALUE   AND   VOLUME 
EXPORTS  IMPORTS 


QUARTERLY 


INDEX   1948  =  100 


180 

150 

A 

TOTAL  VALUE 

V 

\ 

120 

/ 

A 

/ 

y 

90 
130 

\A^ 

\T 

y 

V 

UNIT 

VALUE 1 

100 

120 

A 

"7 

jy* 

V 

90 

i/^N 

t/-^ 

v 

V/ 

v 

n 

I 

V 

i     nmryi    d    i   u    i    d    m  rv    i    nraiv 

1949  1950  1951  1952 


i     u    m  ts    i    n    m   rv    i     □    m   rv    i     Dmiy 

1949  1950  1951  1952 


<n^ 


TATISTICAL  SUMMARY 

BANK  OF  CANADA 


Tables  Charts  Pages 

I     Bank  of  Canada  : 

Liabilities  and  Assets 109-110 

II     Chartered  Banks: 

Liabilities  and  Assets 109-110 

III  General  Public  Holdings  of  Certain  Liquid  Assets 111-112 

Chartered  Banks:  Public  Savings  Deposits Ill 

Chartered  Banks:  Agricultural,  Industrial  and  Commercial  Loans      .  112 

IV  Chartered  Banks: 

Estimated  Quarterly  Classification  of  Loans  in  Canada 113 

V    Foreign  Exchange  Rates 114 

United  States  Dollar  in  Canadian  Funds 114 

VI     Canadian  Gold  Statistics 115 

VII     Government  Bond  Yields  and  Treasury  Bill  Rates 115 

VIII     Bond  Issues  and  Retirements 116 

IX    Business  Activity 117 

X    Transportation:  Canadian  Commercial  Airlines 117 

XI     Cost  of  Living 118 

XII    Wholesale  Prices 118 

XIII  Population  Statistics  : 

39  Cities 119 

Estimated  Population  Growth:  1951-1952 119 

XIV  Labour  Force  Status  of  the  Population 120 

XV    International  Sales  and  Purchases  of  Securities 120 

XVI     Merchandise  Trade:  Exports  and  Imports  by  Countries       ....  121 

XVII     Merchandise  Exports:  Commodity  Classification  by  Volume       .        .        .  122 


TABLES  AND  CHARTS  MAY   BE   REPRODUCED  OR   REFERRED  TO   PROVIDED  THAT  THE   BANK   OF 
CANADA   STATISTICAL   SUMMARY,    WITH   ITS  DATE,    IS  SPECIFICALLY   QUOTED  AS  THE     SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:   25c   per   copy,    post   free.      For   particulars   apply   to   the   Research   Department,    Bank   of  Canada,   Ottawa. 


JULY  1952 


(1)  Includes  foreign  exchange  items  for  foreign  clients  and  also  the  Government  of  Canada  and,  commencing  March  31,  1949,  the  Exchange  Fund  Account.         it  Since 


II- 


Millions  of  Dollars 


-CHARTE 

Bank  of 


As  at  Dec.  31 

1929 

1932 

1937 

1949 

1950 

1951 

End  of 
1951— Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 


LIABILITIES 


Notes 


175 

127 

102 

14 


Deposits 


Demand 


729 


2,426 
2,770 
2,963 

2,487 
2,725 
2,692 
2,578 
2,675 
2,675 
2,651 
2,907 
2,936 
2,963 

2,703 
2,704 
2,824 
2,889 
2,851 
2,987 


Notice 


Govt,  of 

Canada 

and  Prov. 


1,434 
1,378 
1,583 
4,433 
4,558 
4,612 

4,614 
4,598 
4,589 
4,559 
4,580 
4,583 
4,595 
4,575 
4,616 
4,612 

4,639 
4,685 
4,748 
4,757 
4,769 
4,792 


92 

72 

53 

367 

500 

322 

523 
360 
405 
455 
403 
409 
391 
270 
276 
322 

363 

372 
407 
■  340 
360 
341 


Canadian 
Deposits 


2,270 
1,928 
2,387 
7,348 
7,997 


7,753 
7,856 
7,829 
7,697 
7,809 
7,799 
7,724 
7,913 
8,015 


7,846 
7,918 
8,090 
8,115 
8,078 
8,273 


Foreign 


Total 
Deposits 


442 
329 
409 
730 
735 
795 

719 
749 
747 
763 
753 
808 
769 
784 
784 
795 

762 

758 
778 


2,820 
2,306 
2,819 
8,177 
8,867 
9,003 

8,625 
8,742 
8,718 
8,618 
8,705 
8,775 
8,674 
8,833 
8,927 
9,003 

8,730 
8,799 
9,008 
9,062 
9,037 
9,261 


Cash 
in    01 
Canada 


228 
211 
250 
753 
810 
892 

738 
759 
745 
768 
784 
770 
775 
821 
829 
892 

852 

792 
864 
881 
770 
798 


Securities 


Govt,  of 
Canada 


Prov- 
incial 


297 

562 

1,111 

3,112 

3,079 

2,754 

2,801 
2,742 
2,720 
2,681 
2,696 
2,679 
2,734 
2,726 
2,744 
2,754 

2,819 
2,884 
2,939 
2,917 
2,968 
2,953 


445 
416 
355 

373. 

368 
370 
366 
356 
355 
353 
342 
357 
355 

339 
330 
325 
310 
315 
306 


Foreign 
Govt. 


Other 


59 
242 
193 
200 

210 

208 
190 
192 
195 
210 
208 
226 
214 
200 

214 
233 
284 
291 
266 
256 


151 
216 


242 
545 
599 
567 

601 
607 
606 
598 
594 
588 
581 
582 
578 
567 

556 
556 
547 
550 
552 
553 


109 

JULY  1952 

JULY  1952 

110 

I— BANK 

OF  CANADA 

Millions  of  Dollars 

Millions  of  Dollars 

LIABILITIES 

ASSETS 

Chartered  Bank  Cash 

Govt,  of 
Canada 
Deposits 

Foreign 
Currency 
Deposits*11 

Active 

All 

Total 

Liabilities 

or 

Assets 

Foreign*11 
Exchange 

Securities 

All 

Notes 
in  Tills 

Deposits 

at 
B.  of  C. 

Total 

Other 
Deposits 

B.  of  C. 

Note 
Circulation 

Other 
Accounts 

Gold 

Silver 

Govt,  of  Canada 
and  Provincial 

Ind.  Dev. 

Bank 
Cap.  Stock 

Other 
Securities 

Total 

Advances 

Other 

Accounts 

Under  2  yrs. 

Over  2  yrs. 

As  at  Dec.  31 
1935 

40.6 

181.6 

222.2 

17.9 

.8 

59.1 

7.7 

307.7 

180.5 

1.6 

4.2 

30.9 

83.4 

_ 

114.3 

3.5 

3.5 

As  at  Dec.  31 
1935 

1937 

53.9 

196.0 

249.9 

11.1 

3.5 

— 

111.4 

14.4 

390.3 

179.8 

3.0 

14.9 

82.3 

91.6 

- 

12.2 

186.1 

- 

6.5 

1937 

1939 

70.6 

217.0 

287.6 

46.3 

17.9 

- 

162.2 

13.3 

527.2 

225.7 

- 

64.3 

181.9 

49.9 

- 

- 

231.8 

- 

5.5 

1939 

1946 

176.9 

565.5 

742.3 

60.5 

93.8 

1.0 

1,009.3 

41.7 

1,948.6 

- 

1.0 

1,197.4 

708.2 

15.0 

_  ' 

1,920.6 

_ 

27.1 

1946 

1947 

183.9 

536.2 

720.1 

68.8 

67.5 

2.0 

1,027.5 

40.4 

1,926.2 

- 

— 

2.0 

1,022.0 

858.5 

25.0 

- 

1,905.6 

- 

18.7 

1947 

1948 

190.8 

547.3 

738.1 

98.1 

81.0 

.4 

1,098.3 

42.7 

2,058.6 

- 

- 

.5 

1,233.7 

779.1 

25.0 

- 

2,037.7 

- 

20.4 

1948 

1949 

211.8 

541.7 

753.5 

30.7 

126.9 

79.6 

1,095.6 

39.5 

2,125.9 

- 

- 

74.2 

1,781.4 

227.8 

25.0 

5.5 

2,039.7 

- 

12.0 

1949 

1950 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

- 

- 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

— 

24.0 

1950 

1951 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

- 

- 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

1951 

End  of 
1951— Mar. 

185.1 

552.9 

738.0 

70>5 

206.7 

88.5 

1,134.4 

28.7 

2,266.8 

- 

- 

80.2 

1,341.9 

673.7 

25.0 

114.4 

2,155.1 

_ 

31.6 

End  of 
Mar— 1951 

Apr. 

203.1 

556.1 

759.2 

56.9 

215.1 

137.7 

1,119.9 

58.9 

2,347.7 

- 

- 

129.0 

1,327.6 

722.5 

25.0 

70.6 

2,145.7 

- 

73.0 

Apr. 

214.8 

530.1 

744.8 

76.2 

221.5 

129.9 

1,122.7 

38.8 

2,334.1 

- 

- 

125.4 

1,313.7 

777.3 

25.0 

45.3 

2,161.3 

- 

47.4 

May 

177.1 

590.7 

767.8 

75.3 

220.1 

132.8 

1,174.2 

32.2 

2,402.4 

- 

- 

117.0 

1,335.2 

846.3 

25.0 

58.8 

2,265.4 

- 

20.1 

June 

July 

226.0 

558.2 

784.2 

91.1 

212.6 

146.7 

1,144.5 

56.2 

2,435.3 

- 

- 

117.0 

1,327.4 

872.5 

25.0 

51.4 

2,276.3 

- 

41.9 

July 

Aug. 

189.7 

580.4 

770.1 

115.0 

185.7 

143.0 

1,181.0 

62.8 

2,457.6 

- 

- 

100.1 

1,349.6 

888.1 

25.0 

44.1 

2,306.9 

- 

50.6 

Aug. 

Sept. 

195.2 

579.4 

774.6 

105.6 

140.0 

116.3 

1,192.8 

38.5 

2,367.8 

- 

- 

87.1 

1,297.6 

896.1 

25.0 

31.2 

2,249.9 

- 

30.8 

Sept. 

Oct. 

232.2 

588.3 

820.6 

210.3 

83.3 

102.1 

1,174.3 

62.9 

2,453.4 

- 

- 

96.6 

1,317.5 

956.4 

25.0 

8.2 

2,307.1 

- 

49.7 

Oct. 

Nov. 

195.1 

633.8 

828.9 

66.0 

92.5 

135.1 

1,212.1 

54.4 

2,388.9 

- 

- 

128.9 

1,137.8 

1,043.1 

25.0 

18.8 

2,224.6 

- 

35.4 

Nov. 

Dec. 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

- 

- 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

Dec. 

1952— Jan. 

222.4 

629.2 

851.6 

92.8 

54.9 

99.5 

1,153.2 

53.9 

2,306.0 

_ 

_ 

85.4 

1,095.4 

1,042.6 

25.0 

24.3 

2,187.2 

- 

33.3 

Jan.— 1952 

Feb. 

175.6 

616.7 

792.3 

88.5 

52.1 

84.7 

1,198.8 

27.8 

2,244.3 

- 

- 

70.4 

1,058.1 

1,027.6 

25.0 

27.3 

2,138.0 

- 

35.9 

Feb. 

Mar. 

207.5 

656.5 

864.0 

14.6 

66.1 

68.5 

-     1,185.7 

30.1 

2,229.0 

- 

- 

60.2 

1,179.9 

882.2 

25.0 

11.7 

2,098.8 

- 

70.0 

Mar. 

Apr. 

234.8 

645.7 

880.5 

14.3 

41.7 

77.5 

1,177.0 

31.5 

2,222.5 

- 

- 

72.4 

1,191.5 

874.7 

25.0 

21.6 

2,185.1 

- 

37.4 

Apr. 

May 

190.6 

579.4 

770.0 

21.9 

44.6 

82.8 

1,226.8 

34.3 

2,180.4 

- 

- 

78.4 

1,203.6 

824.6 

25.0 

11.2 

2,064.5 

- 

37.5 

May 

June 

219.6 

578.0 

797.6 

26.8 

48.5 

■^8.4 

1,222.2 

45.6 

2,189.0 

— 

~ 

43.9 

1,251.3 

817.8 

25.0 

11.1 

2,105.3 

39.9 

June 

May  1940  the  minimum  gold  reserve  requirement  has  been  in  suspense. 


RED  BANKS 

Canada 


Millions  of  Dollars 


ASSETS 


Total 


448 
778 
1,411 
4,345 
4,286 
3,876 

3,986 
3,924 
3,886 
3,838 
3,840 
3,832 
3,876 
3,876 
3,894 
3,876 

3,927 
4,003 
4,095 
4,068 
4,100 
4,067 


Loans 


262 
103 
76 
133 
134 
107 

94 
87 
92 
82 
84 
90 
107 
111 
96 
107 

107 
95 
97 
140 
132 
138 


1,403 
964 
749 
2,174 
2,651 
2,901 

2,856 
2,886 
2,896 
2,898 
2,890 
2,912 
2,901 
2,893 
2,975 
2,901 

2,827 
2,788 
2,797 
2,800 
2,845 
2,892 


122 
140 
113 
97 
125 
127 

152 
161 
170 
164 
153 
161 
144 
141 
149 
127 

128 
130 
152 
161 
167 
156 


245 
91 
60 
70 
100 
131 


97 
99 
110 
112 
119 
131 
82 
90 
131 


94 
85 
138 
156 

155 


251 
152 
166 
211 
247 
278 

252 
271 
281 
281 
285 
262 
273 
290 
285 
278 

276 

276 
280 
279 
287 


Total 

Assets 


3,521 
2,852 
3,281 
8,718 
9,496 
9,610 

9,284 
9,403 
9,370 
9,256 
9,323 
9,378 
9,276 
9,440 
9,544 
9,610 

9,343 
9,409 
9,613 
9,672 
9,634 
9,847 


DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cash  to 

Active 

in     (j) 
Canada 

Deposits 
(«> 

Canadian 
Deposits 

Note  (si 
Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

748 

7,655 

9.8 

1,103 

Mar.— 1951 

770 

7,734 

10.0 

1,106 

Apr. 

756 

7,731 

9.8 

1,110 

May 

768 

7,702 

10.0 

1,125 

June 

807 

7,761 

10.4 

1,139 

July 

795 

7,686 

10.3 

1,141 

Aug. 

805 

7,680 

10.5 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

839 

7,754 

10.8 

1,150 

Feb. 

846 

7,851 

10.8 

1,169 

Mar. 

848 

7,989 

10.6 

1,182 

Apr. 

834 

8,063 

10.3 

1,185 

May 

789 

8,096 

9.7 

1,199 

June 

(1)    Estimated  month-end  deposits  payable  in  Canadian  currency.         (2)  Includes  inter-bank  deposits.  (3)  Until  March  tOlS-  Or>)H  anH  rr,;n 

5an£^SK^  ■ ■<■"""■ 


Canada.  Domin  !  ion  Note,  and  "Free"  Central  Goid  Re*rve  Ds^teUM ..Bank  of  £-adaNotes  and.  De^sit,  ^  (4,  j^g^lf™  E^&TSKfflS 


Ill 


JULY  1952 

III— GENERAL  PUBLIC  HOLDINGS 

Currency,  Bank  Deposits  and 


Millions  of  Dollars 

Currency  and  Active  Bank  Deposits 

Currency 
itside  Bar 

Active  Bank  Deposits 

Total 

Currency 

and 

Oi 

iks 

Chartered  Banks 

(7) 

Bank  of 
Canada 
"Other" 
Deposits 

Total 

Notes'" 

Coin<!> 

Total 

(!) 

Demand 

Active'4' 
Notice 

Other"' 
excl. 
Govt. 

Total 

Deduct^ 
Float 

Net 
Total 

Active 

Bank 

Deposits 

of  Canada 

As  at  Dec.  31 

1949 

1,110 

74 

1,184 

2,426 

682 

338 

3,446 

335 

3,111 

127 

3,238 

4,422 

1950 

1,136 

78 

1,214 

2,770 

697 

413 

3,880 

450 

3,430 

207 

3,637 

4,851 

1951 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

4,843 

End  of 

1951— Aug. 

1,181 

81 

1,262 

2,675 

712 

381 

3,768 

497 

3,271 

186 

3,457 

4,719 

Sept. 

1,193 

82 

1,275 

2,651 

715 

371 

3,737 

387 

3,350 

140 

3,490 

4,765 

Oct. 

1,174 

82 

1,256 

2,907 

713 

380 

4,000 

544 

3,456 

83 

3,539 

4,795 

Nov. 

1,212 

84 

1,296 

2,936 

712 

398 

4,046 

552 

3,494 

93 

3,587 

4,883 

Dec. 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

4,843 

1952— Jan. 

1,153 

82 

1,235 

2,703 

748 

412 

3,863 

456 

3,407 

55 

3,462 

4,697 

Feb. 

1,199 

83 

1,282 

2,704 

758 

451 

3,913 

517 

3,396 

52 

3,448 

4,730 

Mar. 

1,186 

84 

1,270 

2,824 

770 

422 

4,016 

551 

3,465 

66 

3,531 

4,801 

Apr. 

1,177 

83 

1,260 

2,889 

768 

418 

4,075 

528 

3,547 

42 

3,589 

4,849 

May 

1,227" 

85 

1,312 

2,851 

770 

352 

3,973 

518 

3,455 

45 

3,500 

4,812 

June 

1,222 

85 

1,307 

2,987 

773 

396 

4,156 

642 

3,514 

49 

3,563 

4,870 

JULY  1952 

OF  CERTAIN  LIQUID  ASSETS*t 

Government  of  Canada  Securities 

Canada 


Inactive 

Chartered 

Bank 

Notice 
Deposits 


eral  Public  refers  to  holdings  of  non-residents  as  well  as 
in  approximate  division  between  resident  and  non-resident 
holdings  see  Table  III,  page  77. 
+  Chartered  banks'  Newfoundland  branch  statistics  are  included  as  from 
1    April  1st,  1949. 
■*•*■  The  whole  of  the  increase  or  decrease  in  Canada's  foreign  exchange  reserves 
is  embodied  in  the  related  factors  in  this,  table;  to  the  extent  that  such 
changes  do  not  appear  in  the  column  "Bank  of  Canada  Gold  and  Exchange 
Holdings  (net)"  they  affect  changes  in  "Government  of  Canada  Direct 
and  Guaranteed  Funded  Debt." 
(1)    Note  Circulation  of  Bank  of  Canada  and,  prior  to  1950,  of  the  chartered 
banks;  excluding  notes  held  by  chartered  banks. 


(2)  Subsidiary  coin  issued  by  the  Mint  less  coin  held  by  Bank  of  Canada  and 
chartered  banks  in  Canada. 

(3)  Chartered  banks'  public  demand  deposits  in  Canada. 

(4)  Chartered  banks'  public  notice  deposits  in  Canada  other  than  estimated 
aggregate  quarterly  minimum  balances  in  perspnal  savings  accounts  and 
non-personal  notice  deposits. 

(5)  Chartered  banks'  Canadian  dollar  deposits  of  provincial  governments, 
and  of  Canadian,  United  Kingdom,  and  foreign  banks. 

(6)  Cheques  on  other  banks  as  shown  in  chartered  bank  month-end  returns 
to  the  Minister  of  Finance. 


CHARTERED    BANKS:    PUBLIC   SAVINGS   DEPOSITS 


MILLIONS  OF  DOLLARS 

5000 


4800 


MILLIONS  OF  DOLLARS 

5000 


4800 


4600 


4400 


4200 


4600 


4400 


4200 


DEC      JAN.      FEB      MAR.     APR.      MAY      JUNE     JULY      AUG.     SEPr      OCT.      NOV. 


3,751 
3,861 
3,894 

3,872 
3,880 
3,862 
3,904 
3,894 

3,891 
3,926 
3,978 
3,989 
3,999 
4,019 


Govt,  of 
Canada 
Securities 

(9)  (10) 


9,902 
10,066 
9,386 

9,672 
9,574 
9,514 
9,494 
9,388 

9,357 
9,282 
9,220 
9,196 
9,155 
9,090 


Total 


18,075 
18,778 
18,123 

18,263 
18,219 
18,171 
18,280 
18,125 

17,945 
17,938 
17,999 
18,034 
17,966 
17,979 


112 


Millions  of  Dollars 


Related  Factors** 


Govt,  of  Canada  Direct  and  Guaranteed  Funded  Debt'" 


Held  by  Bk.  of  Can.  &  Ch.  Bks. 


Total 


5,121 
5,021 
4,945 

4,917 
4,928 
5,000 
4,925 
4,945 

4,957 
4,970 
5,001 
4,983 
4,996 
5,022 


Deduct1") 
Govt,  of 
Canada 
Deposits 


181 
280 
160 

276 
213 
261 
130 
160 

185 
166 
111 
65 
129 
125 


Net 
Total 


4,940 
4,741 
4,785 

4,641 
4,715 
4,739 
4,795 
4,785 

4,772 
4,804 
4,890 
4,918 
4,867 
4,897 


Held  by  Other  Investors 


Total 


Deduct 
Securities 
held  by  all 
Govt.Accts 


10,698 
10,913 
10,395 

10,575 
10,493 
10,446 
10,460 
10,397 

10,359 
10,284 
10,225 
10,203 
10,168 
10,118 


796 

847 

1,009 

903 
919 
932 
966 
1,009 

1,002 
1,002 
1,005 
1,007 
1,013 
1,028 


Net 
Total 


9,902 
10,066 
9,386 

9,672 
9,574 
9,514 
9,494 
9,388 

9,357 
9,282 
9,220 
9,196 
9,155 
9,090 


Bank"" 
Loans 
&Non- 
Govt. 
Invest- 
ments 


3,419 
3,950 
4,085 

4,131 
4,112 
4,095 
4,181 
4,085 

3,984 
3,930 
3,947 
3,989 
4,039 
4,073 


Bk.ofCan 
Gold  and 
Exchange 
Holdings 
(Net) 


226 
49 


1 
1 

11 
49 

7 
10 

13 
3 
3 


Deduct 
All 
Other 
(Net) 

(13) 


205 
182 

181 
183 
178 
201 
182 

175 
88 
58 
82 
98 


Aaat  Dec.  31 

1949 

1950 

1951 
End  of 
Aug.— 1951 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.— 1952 

Feb. 

Mar. 

Apr. 

May 

June 


(7)  Other  Deposits  with  the  Bank  of  Canada  as  shown  in  published  month-end 
statements — i.e.  excluding  Government  of  Canada,  chartered  bank  and 
foreign  currency  deposits. 

(8)  Estimated  aggregate  minimum  quarterly  balances  in  chartered  banks' 
personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 
Canada. 

(9)  Direct  and  guaranteed  securities  (including  refundable  taxes)  at  par.  Direct 
debt  includes  both  matured  and  unmatured  issues  outstanding,  exclusive 
of  sinking  fund  holdings;  guaranteed  debt  is  included  on  the  basis  of  the 
total  unmatured  issues  outstanding;  Newfoundland  debt  assumed  by 
the  Government  of  Canada  has  been  included  since  June  1949.     Foreign 


pay  securities  have  been  valued  at  official  mid-rates  of  exchange  to 
September  30,  1950.  and  at  market  rates  thereafter. 

(10)  Holdings  of  all  investors  other  than  Bank  of  Canada,  chartered  banks 
and  Government  of  Canada  accounts. 

(11)  Canadian  dollar  deposits  of  the  Government  of  Canada  at  chartered 
banks  and  Bank  of  Canada. 

(12)  Chartered  Bank  Canadian  loans  and  holdings  of  provincial,  municipal 
and  "other"  securities  and  Bank  of  Canada  holdings  of  Industrial 
Development  Bank  capital  stock  and  debentures. 

(13)  Net  of  all  related  asset  and  liability  items  not  shown  elsewhere  in  this  table 
including  foreign  currency  items. 


CHARTERED    BANKS:   AGRICULTURAL,    INDUSTRIAL  AND   COMMERCIAL   LOANS 

MILLIONS  OF  DOLLARS 


MILLIONS  OF  DOLLARS 

1000 


(1)  Excluding  loans  to  grain  dealers. 

(2)  Including  loans  to  instalment  finance  companies. 


113 


JULY  1952 


IV— CHARTERED  BANKS 
Estimated  Quarterly  Classification  of  Loans  in  Canada10 

Millions  of  Dollars  Department  of  Finance  and  Bank  of  Canada 


AS  AT  END  OF 


1950 


June 


1951 


June 


Sept. 


Dec. 


1952 


Mar.  June 


1.  Government  and  Other  Public  Services 

(1)  Provincial  governments 

(2)  Municipal  governments  and  school  districts 

(3)  Religious,  education,  health  and  welfare  institutions  . . . 

Total  Government  and  Other  Public  Services.... 

2.  Financial 

(1)  Investment  dealers  and  brokers  to  the  extent 

payable  on  call  or  within  thirty  days 

(2)  Trust,  loan,  mortgage,  investment  and  insurance 

companies  and  other  financial  institutions 

Total  Financial*2' 

3.  Personal 

(1)  Individuals,  for  other  than  business  purposes,  on  the 

security  of  marketable  stocks  and  bonds 

(2)  Individuals,  for  other  than  business  purposes, 

not  elsewhere  classified 

Total  Personal 

4.  Agricultural,  Industrial  and  Commercial 

(1)  Farmers 

(2)  Industry: 

(a)  Chemical  and  rubber  products 

(b)  Electrical  apparatus  and  supplies 

(c)  Food,  beverages  and  tobacco 

(d)  Forest  products 

(e)  Furniture 

(f)  Iron  and  steel  products 

(g)  Mining  and  mine  products 

(h)    Petroleum  and  products 

(i)     Textiles,  leather  and  clothing 

(j)     Transportion  equipment 

(k)    Other  producers 

Total  Industry 

(3)  Public  utilities,  transportation  &  communications 

(4)  Construction  contractors 

(5)  Grain  dealers  and  exporters 

(6)  Instalment  finance  companies 

(7)  Merchandisers 

(8)  Other  business 

Total  Agricultural,  Industrial  and  Commercial 
TOTAL  LOANS  IN  CANADA 


27.4 
81.6 
25.7 

134.7 


148.0 

74.9 

222.9 

278.0 
195.2 
473.2 

202.9 

34.2 
12.9 

119.5 
89.9 
15.0 
79.1 
21.2 
18.9 

131.6 
23.3 
44.4 

590.0 

44.8 

123.9 

83.8 

94.3 

442.4 

141.3 

1,723.4 

2,554.2 


38.7 

118.1 

42.6 

199.4 


82.3 

92.3 

174.6 

293.0 
225.0 
518.0 

249.4 

54.2 

27.8 

159.6 

120.2 

16.7 

99.1 

28.8 

27.1 

203.3 

45.4 

64.5 

846.7 

63.4 
151.4 
107.0 
136.0 
560.7 
138.2 

2,252.8 

3,144.8 


24.9 

114.5 

45.9 

185.3 


107.1 

91.7 

198.8 

255.6 
211.3 
466.9 

298.9 

54.3 

41.4 

172.0 

115.7 

19.8 

97.5 

33.4 

31.0 

213.4 

46.4 

63.1 

888.0 

87.9 
151.8 

98.6 
100.8 
542.9 
133.8 

2,302.7 

3,153.7 


32.4 
88.2 
46.2 

166.8 


107.1 

86.6 

194.0 

363.4 
204.3 
567.7 

277.9 

53.5 

37.1 

197.2 

117.7 

17.8 

115.8 

34.9 

25.8 

170.1 

47.7 

56.1 

873.7 

81.5 
132.6 
177.3 

69.0 
468.0 
128.6 

2,208.6 

3,137.1 


19.1 

127.1 

44.3 

190.5 


97.3 

86.3 

183.6 

317.3 
196.6 
513.9 

255.2 

54.9 
41.2 

169.7 

147.8 
16.8 

130.5 
39.4 
26.7 

162.8 
55.2 
55.4 

900.4 

57.2 
131.2 
173.8 

71.9 
442.8 
127.5 

2,160.0 

3,048.0 


(1)  The  figures  for  September  1951  have  been  published  by  the  Department  of  Finance.    Figures  for  the  other  dates  shown  above  are  partly  estimated  by  the 
Bank  of  Canada. 

(2)  Excluding  borrowings  by  instalment  finance  companies,  and  by  individuals  on  the  security  of  marketable  stocks  and  bonds. 


JULY  1952 


114 


V— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 


,<n 


Cents  per  unit 

urriuiAi 

v    KAltS 

U.  S 

Dollar  in  Canada 

£  Sterling  in  Canada 

Buying 

Selling 

Mid-rate 

Buying 

Selling 

Mid-rate 

1939  -  Sept.  16<»> 

1945  -  Oct.    15") 

1946  -  July     6») 
1949  -  Sept.  20(2) 

110.00 
110.00 
100.00 
110.00 

111.00 
110.50 
100.50 
110.50 

110.50 
110.25 
100.25 
110.25 

443.00 
443.00 
402.00 
307.25 

447.00 
445.00 
404.00 
308.75 

445.00 
444.00 
403.00 
308.00 

MARKET  RATES' 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 
1951 

107.31 

101.19 

105.27 

300.50 

281  38 

294.67 

1951— July 

106.63 

105.53 

106.05 

298.50 

295.38 

296.90 

Aug. 

105.94 

105.09 

105.56 

296.50 

294.13 

295.46 

Sept. 

105.75 

105.19 

105.56 

296.00 

294.38 

295.46 

Oct. 

105.50 

104.19 

105.08 

295.25 

291.63 

294.11 

Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

Feb. 

100.69 

100.00 

100.11 

280.00 

278.06 

278.43 

Mar. 

100.00 

98.38 

99.60 

280.19 

276.75 

278.60 

Apr. 

98.50 

97.88 

98.09 

276.88 

274.31 

275.43 

May 

98.75 

98.00 

98.38 

276.88 

273.94 

275.50 

June 

98.38 

97.19 

97.91 

274.13 

270.63 

272.64 

July 

97.75 

96.06 

96.92 

272.25 

267.31 

270.20 

(1)  Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16,  1939. 

(2)  Dates  on  which  official  rates  were  established  or  changed. 

(3)  Commencing  Oct.  2,  1950,  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  for  transactions  between  banks  in  the  exchange  Market. 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS 


en 


CANAOIAN   DOLLARS 

l.04[ 


CANADIAN    DOLLARS 

11.04 


.02 


.00 


98 


.96 


BUSINESS    DAYS 


i-r^ 

•j 

MONTHLY 

P 

Ivt-k 

iJ 

a: 

NOON 
• AVERAGE 

L< 

)W » 

K 

> 

V-+-1 

l  i 

1       1 

1 1 

1 1 

Tik 

i\  i 

1.02 


.00 


98 


DEC 

1951 


JAN  FXB.  MAR 

(1)    Market  rate;  see  footnote  (3)  to  table  above. 


96 


115 


JULY  1952 


Thousands  of  Fine  Ounces 


VI— CANADIAN  GOLD  STATISTICS 

Bank  of  Canada 


Net  Increase  or 

Net  Increase  or 

Net  Increase 

Decrease  in 

Decrease  in 

New  Gold 

Physical 

Physical 

or  Decrease 

Canadian 

Foreign  Owned 

Production'1) 

Imports (2) 

Exports^ 

in  Official 
Holdings  C<> 

Owned  Gold 
Held  in  Safe- 
keeping Abroad 

Gold  Held  in 

Safekeeping  in 

Canada 

Calendar  Years 

1944 

2,862 

214 

1,311 

1,996 

- 

231 

1945 

2,503 

- 

1,505 

1,693 

- 

695 

1946 

2,600 

5 

9,834 

5,253 

- 

12,482 

1947 

2,851 

2 

15,524 

7,155 

- 

5,516 

1948 

3,423 

2,384 

2,505 

3,291 

- 

// 

1949 

3,866 

11 

1,967 

2,440 

- 

530 

1950 

4,283 

12,571 

980 

2,682 

2,857 

76,049 

1951 

4,080 

12,104 

347 

7,507 

143 

8,473 

Quarters 

1950—1 

1,070 

- 

218 

456 

- 

396 

II 

1,098 

18 

367 

206 

- 

543 

III 

1,024 

4,382 

344 

955 

- 

4,107 

IV 

1,091 

8,171 

51 

1,065 

2,857 

11,003 

1951—1 

1,023 

9,220 

34 

870 

_ 

9,339 

II 

1,161 

2,858 

34 

1,013 

286 

3,258 

III 

957 

15 

153 

1,058 

143 

96 

IV 

939 

11 

126 

4,566 

286 

4,028 

1952—1 

1,150 

8 

11,723 

708 

3,000 

14,273 

II* 

987 

— 

3,194 

519 

715 

2,011 

(1) 


Newly  mined  gold  sold  by  the  Mint  (excl.  sales  for  industrial  purposes) 
plus  exports  of  raw  gold  or  concentrates  direct  from  the  mines  for  refining 
abroad  plus  commercial  sales  of  gold  abroad  by  mines  beginning  November 
1,  1951.  This  series  coincides  with  net  non-monetary  gold  exports  published 
since  1939.  Beginning  November  1,  1951,  the  series  excludes  increases  in 
commercial  gold  stocks  held  in  safekeeping  by  the  Mint  for  the  account 
of  the  mines. 


■ 

(2)  Excluding  small  amounts  of  unmanufactured  gold,  scrap  and  manufactured      I 
forms  which  are  shown  under  various  headings  in  the  import  returns. 

(3)  Excluding  the  gold  content  of  exports  of  jewellers'  sweepings  and  precious     |. 
metals  scrap  which  are  shown  in  the  export  returns. 

(4)  Holdings  of  the  Exchange  Fund  and  Bank  of  Canada. 
*     Preliminary. 


VII— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals(1> 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1951— Mar. 

3.25 

3.21 

2.89 

2.70 

Apr. 

3.24 

3.20 

2.75 

2.48 

May 

3.24 

3.18 

2.62 

2.28 

June 

3.25 

3.15 

2.62 

2.35 

July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Mar. 

3.57 

3.50 

3.00 

2.29 

Apr. 

3.55 

3.52 

3.02 

2.34 

May 

3.47 

3.43 

3.04 

2.37 

June 

3.55 

3.53 

3.15 

2.55 

July 

3.62 

3.61 

3.33 

2.79 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada (2) 

U.K« 

U.S.A.  «> 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

3.17 

3.28 

2.48 

3.21 

3.35 

2.59 

3.20 

3.43 

2.69 

3.24 

3.55 

2.70 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

3.52 

4.29 

2.70 

3.52 

4.21 

2.60 

3.46 

4.29 

2.53 

3.49 

4.47 

2.55 

3.57 

4.45 

2.55 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.755 

.512 

1.402 

.755 

.511 

1.529 

.755 

.512 

1.626 

.754 

.512 

1.467 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

.943 

2.315 

1.784 

.979 

2.364 

1.650 

1.019 

2.384 

1.725 

1.075 

2.402 

1.753 

1.109 

2.466 

1.810 

(1)  Payable  in  Canada  only.         (2)   Government  of  Canada  3%  due  Sept.  1,  1961-66.         (3)   United  Kingdom  3%  due  Apr.  15,  1959-69. 
(4)   U.S.  Treasury  2)4%  due  Dec.  15,  1963-68;  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


JULY  1952 

VIII— BOND  ISSUES  AND  RETIREMENTS'" 

Par  Values  in  Millions  of  Canadian  Dollar sm  Bank  °f  Canada 


116 


I-Govt.  of  Canada  Direct  & 
Guaranteed  and  Other  C.N.R.<3> 

II-Provincial  Direct  and  Guaranteed 

Net  New 

New  Issues 

RETIREMENTS 

Net  New 

New  Issues 

RETIREMENTS 

Issues  or 
Retirements 

Issues  or 

New 

Refunding 

Refunded 

Other 

Retirements 

Calendar  Years 

1947 

371.4 

641.5 

270.1 

150.1(4) 

125.2 

125.2 

85.1 

65.0 (4) 

1948 

1,424.8 

1,634.8 

210.0 

240.2 

103.8 

84.7 

81.2 

178.1 

1949 

820.7 

1,236.7 

416.1 

409.4 

54.1 

73.5 

70.9 

319.1 

1950 

2,191.7 

2,282.6 

90.9 

276.9 

132.2 

131.8 

120.9 

156.3 

1951 

591.6 

922.1 

330.5 

321.6 

90.1 

72  A 

123.5 

215.8 

First  Half 

1947 

88.0 

462.7 

374.7 

104.1(6) 

72.1 

51.4 

34.5 

90.3 (6) 

1948 

510.2 

701.9 

191.7 

75.4 

52.1     . 

20.2 

36.7 

70.6 

1949 

52.2 

151.1 

98.9 

138.3 

10.9 

32.0 

39.7 

77.5 

1950 

1,151.4 

1,252.9 

101.5 

189.7 

105.9 

120.5 

80.3 

94.7 

1951 

24.3 

193.8 

169.4 

153.5 

48.1 

15.4 

81.5 

104.7 

1952 

24.6 

188.3 

163.7 

217.1 

16.8 

59.1 

61.6 

113.2 

III-CORPORATIONS 

New  Issues 

retirements 

Net  New 

Issues  or 
Retirements 

New 

Refunding 

Refunded 

Other 

Calendar  Years 

1947 

267.5 

203.5 

197.7 

152.0 

121.3 

1948 

274.0 

20.6 

26.3 

67.9 

200.3 

1949 

254.9 

41.8 

41.8 

86.6 

168.3 

1950 

434.0 

55.6 

55.6 

87.2 

346.9 

1951 

354.1 

11.5 

11.5 

94.1 

260.1 

First  Half 

1947 

101.5 

179.2 

174.7 

59.8 

46.1 

1948 

146.5 

13.5 

16.3 

34.1 

109.6 

1949 

127.2 

10.7 

10.7 

38.9 

88.3 

1950 

250.1 

21.5 

22.2 

45.1 

204.3 

1951 

155.1 

6.2 

6.2 

37.8 

117.2 

1952 

303.4 

3.6 

3.6 

53.8 

249.6 

I+II+III 


Net  New 

Issues  or 

Retirements 


83.8 
168.4 

71.4 
412.3 
145.3 

238.3 
11.5 
67.0 

197.6 
52.5 

199.1 


IV-GOVT.OFCANADATREASURYBaLS, 

Deposit  Certificates  and  Short- 

TermNotesSoldDirectlytoBank 

of  Canada  and  Chartered  Banks 

Net  New 

Total 

Issues  or 

Outstanding 

Retirements 

at  End  of  Period 

346 

1,200 

100 

1,300 

100 

1,200 

300 

1,500 

100 

1,400 

66 

1,480 

100 

1,300 

- 

1,300 

100 

1,300 

100 

1,400 

~ 

1,400 

SUMMARY  OF  CHANGES  IN  CURRENCY  OF  PAYMENT(1) 

GOVERNMENT  OF  CANADA  AND  PROVINCIAL  DIRECT  AND  GUARANTEED,  OTHER  C.N.R. 

•      ,,-„•  ,  ~         ,-        r.   „       (2)  AND  CORPORATION  BONDS 

Par  Values  tn  Millions  of  Canadian  Dollars 


NEW  ISSUES  were  payable  In: 

Retirements 

were  payable  in: 

Net  Increase  or 
Net  Decrease 

In  Bonds  Outstand- 

Canada, 

(6) 

ing  Payable: 

Canada 
only 

New  York 
only 

Canada  & 
New  York 

London 

Total 

Canada 
only 

New  York 
only 

Canada  & 
New  York 

New  York 
&  London 

London 

Total 

In  Canada 
only 

Abroad 

Calendar  Years 

1947 

1,106.7 

5.5 

5.0 

.4 

1,117.6 

938.5 

66.5 

61.0 

104.8 

30.7 

1,201.4 

168.3 

252.1 

1948 

1,773.1 

290.0 

- 

.3 

2,063.3 

1,704.8 

161.2 

19.0 

5.3 

4.6 

1,894.6 

68.3 

100.1 

1949 

1,480.7 

100.0 

- 

.2 

1,580.9 

1,389.1 

8.8 

10.9 

91.5 

9.2 

1,509.5 

91.6 

20.2 

1950 

2,869.4 

221.0 

- 

- 

3,090.4 

2,416.4 

126.4 

78.9 

45.7 

10.6 

2,678.1 

453.0 

40.7 

1951 

1,091.1 

277.8 

- 

- 

1,368.9 

1,114.2 

8.4 

37.8 

61.6 

1.6 

1,223.6 

23.2 

168.5 

First  Half 

1947 

534.2 

5.5 

5.0 

.2 

544.9 

595.8 

44.3 

38.0 

90.0 

15.0 

783.1 

61.6 

176.7 

1948 

657.6 

140.0 

- 

.1 

797.7 

781.4 

10.0 

12.0 

3.5 

2.3 

809.2 

123.9 

112.4 

1949 

339.2 

- 

- 

.1 

339.3 

254.1 

4.7 

4.8 

4.1 

4.6 

272.4 

85.1 

18.1 

1950 

1,578.8 

139.7 

- 

- 

1,718.5 

1 ,377.5 

5.1 

74.9 

43.8 

9.4 

1,510.7 

201.3 

6.5 

1951 

255.0 

132.2 

- 

- 

387.2 

311.6 

4.4 

9.7 

8.2 

.8 

334.7 

56.6 

109.1 

1952 

373.4 

168.4 

23.8 

- 

565.6 

330.4 

3.9 

24.7 

5.8 

1.7 

366.4 

43.0 

156.1 

(1) 


(2) 

(3) 

U) 

(5) 
(6) 


Subject  to  revision.      The  figures  exclude  changes  in  refundable  taxes,  provincial  treasury  bills  and  the  issues  and  retirements  of  municipalities  and  religious 

institutions.     The  changes  in  refundable  taxes  were  27,  85,  287 ,  56  and  90  millions  and  the  net  increases  in  total  municipal  bonded  debt  are  estimated  to 

have  been  31,  78.  105,  133  and  153  millions  from  1947  to  1951  respectively. 

Foreign  currencies  have  been  converted  to  Canadian  dollars  at  official  rates  of  exchange  to  Sept.  30,  1950,  and  at  market  noon  rates  thereafter.     In  the  case 

of  optional-pay  issues  the  option  most  favourable  to  the  lender  has  been  taken. 

Excludes  issues  shown  under  Heading  IV. 

Excluding  112.2  million  of  Quebec  Hydro  debentures  issued  in  connection  with  the  retirement  of  Montreal  Light,  Heat  and  Power  stock,  and  63.2  million  of 

Quebec  Municipal  Commission  bonds  issued  in  connection  with  the  transfer  of  the  debt  of  certain  school  corporations. 

Before  giving  effect  to  the  issue  of  112.2  million  of  Quebec  Hydro  debentures  in  connection  with  retirement  of  Montreal  Light,  Heat  &  Power  stock. 

Including  issues  payable  optionally  in  Canada  or  London. 


117 


JULY  1952 


IX— BUSINESS  ACTIVITY 

Dominion  Bureau  of  Statistics 


Production 

Res- 
idential 

Con- 
struction 

Car 
Loadings 

Value 

of 

Department 

Employ- 
ment 
Index 

(4) 

Aggregate 
Payrolls 

News- 

Central 

Index 

Gold 

Nickel 

Steel 

print 
U) 

Electric 
Stations*2' 

Contracts 
Awarded (3) 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions 

Millions 

Fine  Ounces 

Short  Tons 

Short  Tons 

Short  Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939  =  100 

1939  =  100 

AnnualTotals(S) 

1932 

3,044 

15 

380 

2,186 

12,296 

29 

2,180 

254 

(6) 

(6) 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

(6) 

(6) 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

873 

168.0 

321.8 

1951 

4,364 

137 

3,567 

5,516 

51,916 

437 

4,183 

902 

180.2 

381.3 

12-mths.  ending 

June  1952 

4,333 

141 

3,658 

5,491 

53,686 

426 

4,146 

916 

182.3 

405.8 

Monthly 

1951— May 

369.4 

12.5 

313.3 

485.7 

4,409 

52.0 

380 

76.6 

175.6 

367.9 

June 

362.6 

11.9 

293.5 

464.3 

4,243 

50.3 

370 

69.5 

180.3 

379.0 

July 

344.4 

11.8 

274.6 

452.5 

4,206 

43.8 

350 

54.5 

183.6 

392.5 

Aug. 

345.1 

12.3 

286.8 

484.6 

4,317 

35.2 

363 

61.5 

184.3 

394.0 

Sept. 

359.0 

11.7 

268.2 

431.1 

4,149 

30.0 

350 

72.4 

185.4 

400.2 

Oct. 

378.4 

11.8 

309.4 

492.5 

4,512 

29.2 

390 

81.3 

186.5 

410.0 

Nov. 

372.4 

11.6 

307.1 

471.7 

4,473 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

376.0 

11.4 

296.5 

435.3 

4,626 

26.9 

315 

119.8 

186.6 

416.7 

1952— Jan. 

354.6 

11.8 

317.0 

470.5 

4,784 

20.0 

333 

55.2 

181.0 

388.8 

Feb. 

352.7 

10.7 

305.9 

457  8 

4,500 

17.8 

316 

60.2 

177.8 

402.9 

Mar. 

364.7 

12.3 

339.4 

476.5 

4,702 

30.2 

331 

70.2 

178.0 

409.0 

Apr. 

363.1 

12.3 

316.6 

471.2 

4,475 

42.9 

326 

75.1 

177.9 

411.5 

May 

365.9 

11.3 

330.5 

496.0 

4,596 

42.6 

358 

83.7 

177.4 

410.6 

June 

356.4 

12.5 

305.5 

451.9 

4,346 

61.0 

347 

77.1 

182.2 

419.8 

(1)    Source:  Newsprint  Association  of  Canada.     Includes  Newfoundland.  (2)   Total  output  less  exports  and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.         (3)  Source:  McLean  Building  Reports.  Ltd.  (4)  9  Leading  industries.       First  of  month  figures.  (S)  Average  of 

months  in  case  of  Employment  and  Payrolls  Indexes.  (6)   Not  available. 


Thousands 


X— TRANSPORTATION:  CANADIAN  COMMERCIAL  AIRLINES 

Dominion  Bureau  of  Statistics 


REVENUE 

PASSENGER 

TRAFFIC 

REVENUE  FREIGHT  TRAFFIC 

Passengers  Carried 

Passenger  Miles 

Total  to 

Tons  Carried 

Ton  Miles 

Total 

Passenger 

Freight 

Domestic 

International 

Domestic 

International 

Revenues 

Domestic 

International 

Domestic 

International 

Revenues 

1940 

116 

* 

37,068 

* 

2,770 

6,424 

* 

767 

* 

771 

1941 

141 

* 

50,148 

* 

3,578 

7,324 

* 

946 

* 

980 

1942 

173 

* 

65,476 

* 

4,942 

5,510 

* 

1,097 

* 

1,452 

1943 

231 

* 

92,627 

* 

7,647 

5,550 

* 

1,408 

* 

1,879 

1944 

289 

* 

100,878 

* 

7,878 

5,008 

* 

1,328 

* 

1,572 

1945 

366 

* 

131,779 

* 

8,662 

6,043 

* 

1,236 

* 

1,373 

1946 

611 

* 

193,685 

* 

11,460 

11,330 

* 

1,844 

* 

1,083 

1947 

694 

* 

223,393 

* 

13,699 

15,039 

* 

2,883 

* 

1,321 

1948 

880 

* 

307,963 

* 

18,994 

15,973 

* 

3,907 

* 

1,620 

1949 

998 

* 

377,445 

* 

24,711 

15,319 

* 

4,190 

* 

1,862 

1950 

1,030 

240 

390,368 

166,927 

37,544 

18,166 

2,223 

5,345 

2,195 

3,308 

1951** 

1,240 

309 

472,097 

236,879 

46,434 

21,970 

3,172 

6,180 

2,854 

3,864 

REVENUE  MAIL  TRAFFIC 

Total  <2> 
Operating 
Revenues 

Number 

of 

Employees 

Total 

Salariesand 

Wages 

Total 
Operating 
Expenses 

Net 

Tons  Carried 

Ton  Miles 

Total  Mail 
Revenues 

Operating 

Domestic 

International 

Domestic 

International 

Revenues 

1940 

1,281 

* 

601 

* 

3,470 

7,467 

1.3 

2,193 

6,954 

512 

1941 

1,498 

* 

864 

* 

3,602 

8,827 

1.7 

3,094 

8,310 

516 

1942 

2,180 

* 

1,412 

* 

3,973 

11,752 

2.1 

4,304 

11,093 

659 

1943 

3,161 

* 

2,029 

* 

4,758 

16,387 

3.4 

6,371 

16,653 

266 

1944 

2,857 

* 

1,997 

* 

5,081 

17,119 

4.1 

8,172 

17,847 

728 

1945 

2,598 

* 

1,791 

* 

5,556 

17,335 

4.3 

9,036 

17,521 

186 

1946 

2,458 

* 

1,486 

* 

5,278 

21,988 

5.4 

12,035 

22,777 

789 

1947 

2,954 

* 

1,581 

* 

5,362 

26,417 

5.7 

13,335 

28,855 

2,438 

1948 

4,447 

* 

2,660 

* 

6,275 

33,712 

6.0 

15,768 

34,780 

1,087 

1949 

6,071 

* 

2,853 

* 

7,083 

39,581 

6.5 

19,080 

40,381 

800 

1950 

6,315 

371 

4,044 

517 

8,405 

57,368 

6.3 

19,233 

56,568 

800 

1951** 

6,658 

436 

4,359 

655 

9,184 

72,737 

7.0 

23,261 

65,702 

7,035 

(1)    Includes  excess  baggage.         '    Not  available. 


(2)      Includes  charter,  contract  and  incidental  revenues. 


Preliminary. 


.. 


JULY  1952 


Index  1935-39  =  100 


118 


XI— COST  OF  LIVING 

Dominion  Bureau  of  Statistics 


(i) 


Total 
Index 

Food 

Clothing 

Rent 

Fuel  and 
Lighting 

Home 
Furnishings 
and  Services 

Miscellaneous 

Weighting 

100 

31 

12 

19 

6 

9 

23 

Average  of  Months 

1926 

121.8 

133.3 

139.1 

115.9 

116.8 

106, 

1939 

101.5 

100.6 

100.7 

103.8 

101.2 

101.4 

101.4 

1946 

123.6 

140.4 

126.3 

112.7 

107.4 

124.5 

112.6 

1947 

135.5 

159.5 

143.9 

116.7 

115.9 

141.6 

117.0 

1948 

155.0 

195.5 

174.4 

120.7 

124.8 

162.6 

123.4 

1949 

160.8 

203.0 

183.1 

123.0 

131.1 

167.6 

128.8 

1950 

166.5 

210.9 

182.3 

132.9 

138.3 

169.2 

132.6 

1951 

184.5 

241.1 

203.1 

140.0 

147.1 

194.4 

141.3 

First  of  Month 

1951— Jan. 

172.5 

220.2 

187.1 

136.4 

141.5 

179.8 

135.8 

Feb. 

175.2 

224.4 

192.4 

136.4 

141.7 

185.1 

137.0 

Mar. 

179.7 

233.9 

196.3 

137.6 

146.5 

188.6 

137.8 

Apr. 

181.8 

238.4 

198.8 

137.6 

146.7 

190.7 

138.8 

May 

182.0 

235.4 

201.5 

137.6 

146.2 

194.9 

140.7 

June 

184.1 

239.8 

202.5 

139.8 

146.2 

197.1 

141.0 

July 

187.6 

249.7 

202.9 

139.8 

147.2 

197.4 

142.2 

Aug. 

188.9 

251.4 

204.6 

139.8 

148.2 

199.0 

143.7 

Sept. 

189.8 

251.1 

206.9 

142.7 

149.5 

199.1 

144.0 

Oct. 

190.4 

249.7 

213.8 

142.7 

150.2 

200.1 

144.3 

Nov. 

191.2 

250.2 

214.6 

144.8 

150.8 

199.9 

144.9 

Dec. 

191.1 

249.3 

215.5 

144.8 

150.8 

200.6 

144.9 

1952— Jan. 

191.5 

250.0 

215.3 

144.8 

151.2 

201.1 

145.7 

Feb. 

190.8 

248.1 

213.0 

144.8 

151.3 

200.1 

146.5 

Mar. 

189.1 

241.7 

211.2 

146.3 

152.5 

200.8 

146.9 

Apr. 

188.7 

240.2 

210.4 

146.3 

152.5 

200.5 

147.9 

May 

186.7 

235.3 

210.1 

146.3 

150.6 

198.2 

147.4 

June 

187.3 

237.0 

209.3 

147.9 

149.8 

197.2 

147.4 

July 

188.0 

239.5 

209  1 

147.9 

149.8 

196.7 

147.4 

(1)   Components  were  selected  and  weighted  on  the  basis  of  1938  family  incomes  ranging  from  $450-$2,500,  with  incomes  between  $1,000-$!, 600  most  common. 


XII- 

CANADA 

Dominion  Bureau  of  Statistics 


WHOLESALE  PRICES 

U.S.A. 

Bureau  of  Labour  Statistics 


U.K. 

Bd.  Trade 


Aver,  of  Mths. 

1926 

1939 

1947 

1948 

1949 

1950 

1951 
Monthly 
1951— Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 


Total 
Index 


130.3 
99.2 
163.3 
193.4 
198.3 
211.2 
240.2 

242.4 
241.9 
243.0 
243.7 
241.4 
240.0 
239.6 
239.1 
237.7 

236.8 
232.6 
230.8 
226.9 
224.8 
226.5 


Farm  Products0' 


Fieldf 


Animal 


Total  t 


Raw  and 
Partly 
Manu- 
factured 


Fully  & 
Chiefly 
Manu- 
factured 


Index  1935  -39  =  100 


158.5 

130.2 

144.4 

129.1 

83.7 

101.5 

92.6 

94.9 

184.1 

200.2 

192.2 

164.3 

200.6 

263.7 

232.1 

196.3 

191.9 

265.4 

228.7 

197.1 

191.9 

281.4 

236.7 

212.8 

193.4 

336.9 

265.1 

237.9 

199.2 

331.6 

265.4 

239.2 

194.6 

336.1 

265.3 

239.3 

192.0 

353.1 

272.6 

244.0 

195.4 

358.9 

277.1 

242.5 

178.3f 

348.3 

263 .3 1 

237.1 

181.7 

339.2 

260.5 

235.7 

188.1 

330.4 

259.3 

236.3 

201.4 

328.5 

264.9 

237.1 

204.4 

328.9 

266.7 

236.0 

208.0 

318.2 

263.1 

233.3 

205.1 

297.3 

251.2 

227.8 

213.3 

283.3 

248.3 

225.5 

217.1 

273.7 

245.4 

221.3 

223.2 

265.4 

244.3 

220.2 

227.6 

271.4 

249.5 

220.6 

133.0 
101.9 
162.4 
192.4 
199.2 
211.0 
242.4 

244.8 
244.3 
243.6 
245.6 
245.0 
243.7 
242.7 
241.5 
239.8 

239.7 
236.2 
234.6 
230.7 
228.1 
230.6 


Total 
Index 


Farm 
Products 


Pro- 
cessed 
Foods 


All  Other 

Com- 
modities 


Index  1947 -49  =  100 


65.0 

50.1 

96.4 

104.4 

99.2 

103.1 

114.8 

116.3 
115.9 
115.1 
114.2 
113.7 
113.4 
113.7 
113.6 
113.5 

113.0 
112.5 
112.3 
111.8 
111.6 
111.3 


* 

* 

* 

* 

100.0 

98.2 

107.3 

106.1 

92.8 

95.7 

97.5 

99.8 

113.4 

111.4 

117.5 

111.8 

115.7 

112.3 

113.9 

111.3 

111.1 

110.7 

110.4 

111.2 

109.9 

110.9 

111.5 

111.6 

112.0 

111.0 

111.3 

110.7 

110.0 

110.1 

107.8 

109.5 

108.2 

109.2 

108.7 

108.0 

107.9 

108.6 

107.3 

108.7 

71.5 
58.1 
95.3 
103.4 
101.3 
105.0 
115.9 

117.1 
116.8 
116.2 
115.7 
114.9 
114.8 
114.6 
114.5 
114.6 

114.3 
114.2 
113.8 
113.3 
113.0 
112.6 


Total 
Index 


(2) 


124.2 
95.7 
184.1 
199.4 
189.4 
196.9 
219.3 

222.1 
221.4 
219.8 
218.1 
217.2 
216.6 
217.2 
217.0 
216.8 

215.8 
214.9 
214.5 
213.5 
213.1 
212.6 


Total 
Index 


(3) 


124.8 
103.5 
193.2 
220.9 
231.6 
264.2 
321.8 

321.0 
322.0 
323.2 
322.2 
325.9 
327.5 
331.1 
330.9 
332.5 

337.3 
331.7 
335.3 
332.2 
329.9 
329.8 


(1)  An  independent  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index".  Prices  include  subsidies.  f  Participation 
payments  are  included  from  Apr.  to  July  1951  and  initial  payments  only,  where  applicable,  thereafter.  (2)  Adjusted  to  1935-39  =  100  from  base  1947-49  =  100. 
(3)  Adjusted  to  1935-39  =  100  from  base  1913  =  100  in  1926  and  from  base  1930  =  100  thereafter.         *  Not  available. 


119 


Thousands 


JULY  1952 


XIII— POPULATION  STATISTICS 

Dominion  Bureau  of  Statistics 


39  CITIES 


As  at  June  1 


Metropolitan  Areas'1 


1951 


1941 


Cities 


1951 


1941 


1931 


1921 


1911 


1901»> 


Montreal,  P.Q 

Toronto,  Ont 

Vancouver,  B.C 

Winnipeg,  Man 

Ottawa,  Ont 

Quebec,  P.Q 

Hamilton,  Ont 

Edmonton,  Alta 

Windsor,  Ont 

Calgary,  Alta 

Halifax,  N.S 

London,  Ont 

Victoria,  B.C 

Sydney,  N.S 

Glace  Bay,  N.S 

Saint  John,  N.B 

Regina,  Sask 

Fort  William,  Ont. . . . 

Port  Arthur,  Ont 

Sudbury,  Ont 

Trois  Rivieres,  P.Q. .  . 

St.  John's,  Nfld 

St.  Catherines,  Ont.. . 

Kitchener,  Ont 

Sherbrooke,  P.Q 

Saskatoon,  Sask 

Brantford,  Ont 

Oshawa,  Ont 

Shawinigan  Falls,  P.Q 

Kingston,  Ont 

Moncton,  N.B 

Sarnia,  Ont 

Peterborough,  Ont 

Sault  St.  Marie,  Ont. . 

Guelph,  Ont 

Moose  Jaw,  Sask 

Chicoutimi,  P.Q 

Lethbridge,  Alta 

Charlottetown,  P.E.I. 


1,395 

1,145 

1,022 

1,117 

910 

676 

531 

377 

345 

354 

300 

236 

282 

226 

202 

275 

225 

164 

260 

198 

208 

173 

98 

160 

158 

124 

120 

139 

93 

129 

134 

99 

86 

122 

91 

95 

104 

76 

51 

104 

I    * 

31 
26 

78 

71 

51 

* 

* 

71 

71 

)    • 

35 
31 

71 

* 

42 

68 

* 

46 

68 

* 

53 

67 

* 

38 

63 

* 

45 

56 

* 

51 

* 

* 

53 

52 

* 

37 

52 

* 

42 

50 

* 

27 

49 

* 

33 

45 

* 

27 

41 

* 

35 

41 

* 

38 

40 

* 

32 

30 

* 

27 

* 

* 

24 

* 

* 

23 

* 

* 

23 

* 

* 

16 

903 

819 

619 

667 

631 

522 

275 

247 

163 

222 

219 

179 

172 

127 

108 

151 

131 

95 

171 

156 

114 

94 

79 

59 

105 

63 

39 

89 

84 

63 

70 

59 

58 

78 

71 

61 

44 

39 

39 

28 

23 

23 

25 

21 

17 

52 

48 

47 

58 

53 

34 

31 

26 

21 

24 

20 

15 

32 

19 

9 

42 

35 

22 

45(3) 

40(4) 

36 

30 

25 

20 

36 

31 

22 

36 

29 

24 

43 

43 

26 

32 

30 

29 

27 

23 

12 

20 

15 

11 

30 

23 

22 

23 

21 

17 

19 

18 

15 

25 

22 

21 

26 

23 

21 

23 

21 

18 

21 

21 

19 

16 

12 

9 

15 

13 

11 

15 

12 

11 

468 
376 
121 
136 

87 
78 
82 
25 
18 
44 
47 
46 
32 

18 
17 
43 
30 
16 
11 
4 
14 
32 
12 
15 
16 
12 

23 

7 

4 

19 

11 

10 

18 

11 

15 

14 

6 

8 

10 


268 

208 

29 

42 

60 

69 

53 

3 

12 

4 

41 

38 

21 

10 

7 

41 

2 

4 

3 

2 

10 

30 

10 

10 

12 


17 
4 

18 
9 
8 

11 
7 

11 

4 

2 

11 


ESTIMATED  POPULATION  GROWTH:  1951-1952 


CANADA 

Nfld. 

P.E.I. 

N.S. 

N.B. 

Que. 

Ont. 

Man. 

Sask. 

Alta. 

B.C. 

Yukon 

N.VV.T. 

As  at  June  1,  1951 

14,009 
379 
164 

122 

361 

12 

4 

3 

374 

98 
3 
3 

I 
103 

643 

17 

1 

6 

653 

516 

16 

/ 

5 

526 

4,056 

116 

35 

33 

4,174 

4,598 

116 

95 

43 

4,766 

776 

20 

8 

6 

798 

832 

22 

5 

6 

843 

939 

28 

10 

7 

970 

1,165 
29 
16 
12 

1,198 

9 
9 

16 

Births(6) 

Net  Immigration  

Deathsw 

As  at  June  1,  1952 

14,430 

16 

(1)  For  census  purposes,  metropolitan  areas  have  been  established  for  the  larger  cities  to  include  well-defined  satellite  communities  in  close  economic,  geographical 
and  social  relationship  to  the  city  proper. 

(2)  As  at  April  1. 
*  Not  available. 

(3)  Census  of  Newfoundland  for  1945. 
(4;  Census  of  Newfoundland  for  1935. 

(5)  Preliminary. 

(6)  Net  of  international  and  interprovincial  emigration. 


k~Vl 


JULY  1952 

Thousands 


120 


XIV— LABOUR  FORCE  STATUS  OF  THE  POPULATION (1) 

Dominion  Bureau  of  Statistics 


Week  ending 

1951 

1952 

March  3 

June  2 

August  18 

November  3 

March  1 

May  31 

With  Jobs"' 

4,944 

4,200 

428 

109 

133 

15 

17 

* 

31 
11 

170 

5,172 

4,632 
335 
144 

43 

* 

26 

* 

12 

* 

83 

5,266 

4,579 

309 

79 

41 
* 

224 

* 

17 
* 

77 

5,110 

4,458 

451 

82 

55 

* 

29 

* 

21 

* 

100 

4,967 

4,305 

389 

93 

76 

20 

20 

* 

51 
10 

212 

5,222 

4,655 
330 
108 

54 

* 

At  work  35  or  more  hours 

"       "      15  -  34  hours 

"       "        1  -  14  hours 

Not  at  work  due  to:  illness 

bad  weather 

vacation 

33 

12 

19 

* 

labour  dispute 

temporarily  laid  off(3). . 
other  reasons 

Without  Jobs  and  Seeking  Work(4) 

107 

Civilian  Labour  Force 

5,114 
66 

5,255 
82 

5,343 
83 

5,210 
85 

5,179 
94 

5,329 
98 

Armed  Services 

Total  Labour  Force 

5,180 

4,574 

270 

3,168 

665 

458 

13 

9,754 

5,337 

4,459 

236 

3,125 

643 

441 

14 

9,796 

5,426 

4,401 

228 

3,260 

25 

856 

32 

9,827 

5,295 

4,580 

246 

3,229 

656 

435 

14 

9,875 

5,273 

4,708 

248 

3,233 

697 

514 

16 

9,981 

5,427 

4,581 

230 
3,219 

703 

415 

14 

10,008 

Not  in  Labour  Force 

Permanently  unable  or  too  old  to  work 

Going  to  school 

Retired  or  voluntarily  idle 

Others 

Total  Non-Institutional  Population 

14  Years  of  Age  and  Over 

The  estimates  are  therefore  subject  to  sampling  error 


DBS  estimates  based  on  data  from  a  1%  sample   (2%in  urban  areas  each   June)  of  households. 

which,  in  general,  is  relatively  larger  the  the  smaller  the  estimate. 

The  number  with  jobs  in  agriculture  was  834,  997,  1067,  875,  825  and  924  respectively. 

Less  than  ten  thousand. 

Persons  with  definite  instructions  to  return  to  work  within  30  days  of  being  laid  off. 

Includes  persons  with  jobs  but  not  at  work  and  looking  for  work,  and  persons  who  would  have  looked  for  work  except  that  they 

were  temporarily  ill,  on  indefinite  or  prolonged  lay-off,  or  believed  that  no  work  was  available. 


Millions  of  dollars 


XV— INTERNATIONAL  SALES  AND  PURCHASES  OF  SECURITIES 


Dominion  Bureau  of  Statistics 


Total 
Sales 

Total 
Pur- 
chases 

Net  Sales 

or  Net 
Purchases 

United  States 

United  Kingdom 

Other  Countries 

Quarterly  Totals 

Net  Sales 
to 

Net  Pur- 
chases from 

Net  Sales 
to 

Net  Pur- 
chases from 

Net  Sales 
to 

Net  Pur- 
chases from 

By  Type  of  Security  :- 

1951  —  1       Bonds 

85.2 
104.2 

31.6 
76.4 

29.6 
84.0 

81.1 
104.2 

26.8 
123.1 

58.4 
91.0 

38.1 

67.4 

38.5 
74.2 

133.5 
77.5 

50.7 
91.2 

26.8 
13.2 

6.5 
9.0 

8.9 
9.8 

52.4 
26.7 

23.8 
32.0 

82.6 
90.5 

30.7 
65.8 

28.2 
73.7 

72.8 
95.3 

23.7 
111.4 

56.1 
84.1 

36.8 
60.5 

37.5 
68.7 

130.3 
71.3 

48.5 
81.6 

.7 
1.0 

.6 
.8 

.9 

1.4 

4.5 
1.3 

1.6 
1.8 

1.6 
4.1 

1.0 
3.9 

.6 
2.4 

2.7 
2.5 

1.2 
4.6 

1.9 
12.7 

.3 
9.8 

.5 
8.9 

3.8 
7.6 

1.5 
10.0 

.7 
2.8 

.4 
3.0 

.4 
3.1 

.5 
3.7 

.9 
5.0 

Shares 

II        Bonds 

Shares 

Ill       Bonds 

Shares 

IV       Bonds 

Shares 

1952  —  1       Bonds 

Shares 

By  Nationality  of  Issuer  and 
Type  of  Security:-  1952  —  I 
Canada:    Bonds-Govt.  of  Canada 
direct  and  guaranteed.  . 
Other  bonds 

6.5 
16.1 
98.3 

.9 
24.5 

.9 
.1 

.8 
.2 

1.7 

39.5 

5.5 

72.2 

3.9 
18.5 

.1 
.1 

1.2 
.3 

.4 

33.0 

10.7 
26.1 

3.1 
6.0 

.7 

.4 
.2 

1.2 

6.2 
14.4 
86.7 

.9 
24.5 

.1 

.4 
.1 

1.7 

39.0 

4.7 
62.9 

3.9 
18.4 

.5 
.3 

.4 

.9 
1.6 

.6 
.1 

.1 

.1 
.5 

4.4 

.1 

.1 
.1 

.5 

.3 

.8 

10.0 

.1 
.3 

.4 

.3 

5.0 

Shares 

United  States:       Bonds 

Shares 

United  Kingdom:  Bonds 

Shares 

Other  Countries:   Bonds 

.2 

Shares 

Unclassified:           Bonds 

Total  All  Securities 

150.0 

141.9 

8.1 

135.1 

130.1 

3.4 

5.8 

11.5 

6.0 

(1)  Statistics  are  compiled  from  reports  received  from  the  Canadian  Bankers  Association,  the  Investment  Dealers'  Association,  the  Canadian  stock  exchanges 
and  certain  U.  S.  brokerage  firms  with  branches  in  Canada  but  which  are  not  members  of  the  foregoing  organizations.  The  series  do  not  include  transactions 
occurring  through  other  dealers  in  Canada  or  those  undertaken  directly  by  Canadians  through  dealers  abroad. 

(2)  New  issues  and  retirements  abroad,  i.e.  directly  floated  or  redeemed  outside  Canada,  and  domestic  retirements  are  excluded  but  the  series  do  include  foreign 
participation  in  new  issues  floated  within  Canada. 


121 


Millions  of  Dollars 


JULY  1952 


XVI— EXPORTS  AND  IMPORTS  BY  COUNTRIES () 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 
MERCHANDISE  EXPORTS (2) 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.S.A. 

U.K. 

U.K. 
Dependen- 
cies 

Union 

of 
South 
Africa 

Other 

Sterling 

Area 

(3) 

Western 

Europe  & 

Colonies 

(4) 

Central 

and 

South 

America 

All 

Other 

(5) 

Total 

All 

Countries 

Non- 
monetary 

Gold 
Exports 

Calendar  Years 
1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

.     154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12  Mths.  end'g 

June  1952'6> 

2,334 

781 

90 

52 

173 

442 

281 

159 

4,312 

145 

Monthly 
1951-Feb. 

155.4 

33.0 

3.8 

1.2 

10.1 

14.6 

11.4 

7.8 

237.4 

11.7 

Mar. 

193.8 

38.9 

4.7 

3.6 

13.4 

14.5 

12.5 

9.9 

291.4 

8.4 

Apr. 

188.5 

43.8 

5.2 

6.5 

11.4 

17.8 

14.9 

15.2 

303.4 

16.2 

May 

206.2 

51.4 

6.3 

4.3 

9.2 

20.6 

18.0 

15.9 

331.9 

13.0 

June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan. 

191.1 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.4 

Feb. 

175.8 

44.1 

8.3 

.     4.1 

15.7 

32.0 

27.7 

12.1 

319.9 

13.2 

Mar. 

190.0 

69.6 

8.6 

4.5 

19.7 

28.2 

24.1 

14.3 

359.0 

15.0 

Apr. 

182.8 

69.4 

6.5 

3.5 

15.3 

23.6 

26.6 

13.0 

340.8 

11.2 

May 

194.2 

96.4 

8.8 

4.3 

15.5 

40.6 

23.2 

12.2 

395.2 

8.5 

June(6> 

197.0 

81.6 

6.8 

2.9 

14.0 

45.4 

21.1 

16.2 

385.0 

14.6 

Millions  of  Dollars 

MERCHANDISE  IMPORTS 

Excess  of 

TOTAL  It 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.  K. 

Dependen- 

of 

Sterling 

Europe  & 

AND 

Other 

All 

Merch- 

(7) 

cies 

South 
Africa 

Area 

(3) 

Colonies 

(4) 

South 
America 

(5) 

Countries 

andise 
Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2,130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

12  Mths.  end'g 

May  1952  <•> 

2,806 

364 

142 

5 

121 

179 

278 

73 

3,966 

284 

Monthly 

1951-Feb. 

199.0 

27.8 

7.8 

.4 

6.7 

9.1 

17.0 

6.2 

274.2 

36.7 

Mar. 

245.7 

30.4 

12.2 

.5 

12.3 

11.4 

22.5 

7.4 

342.5 

51.1 

Apr. 

278.3 

48.9 

12.7 

.5 

9.2 

14.1 

22.2 

7.0 

393.0 

89.7 

May 

273.2 

43.2 

19.7 

.8 

11.6 

18.5 

27.3 

10.5 

404.7 

72.8 

June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

72.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec. 

203.1 

19.4 

8.4 

.3 

5.3 

9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan. 

228.7 

24.3 

8.1 

.2 

6.5 

11.8 

22.2 

5.1 

307.0 

24.0 

Feb. 

211.8 

21.3 

8.9 

.3 

7.7 

9.7 

18.7 

3.7 

282.0 

37.9 

Mar. 

253.5 

22.6 

6.5 

.4 

3.8 

12.5 

24.3 

3.3 

327.0 

32.0 

Apr. 

245.6 

28.4 

6.7 

.3 

6.1 

11.0 

21.6 

4.3 

323.9 

16.9 

May<6» 

282.9 

32.1 

11.1 

.4 

8.8 

15.3 

27.3 

7.1 

384.9 

10.3 

June(8) 

235.6 

31.4 

324.4 

60.6 

(1)  Commencing  April  1.  1949.  external  trade  of  Newfoundland  is  included 

and   Canadian   trade  with   Newfoundland,   formerly   in   the   "All  Other"        (4) 
category,  disappears.  (5) 

(2)  Includes  exports  of  foreign  produce.  In  the  case  of  wheat  exports,  figures  are 
based   on   Board   of    Grain   Commissioners'   data   rather    than    Customs'        (ft) 
clearances.     Excludes  defence  equipment  transferred  by  Canada  to  North        (7) 
Atlantic  Treaty  countries  which  in   1950  and  1951  amounted  to  56.8  and 
109.1  million  dollars  respectively. 

(3)  Consists  of  Eire,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 


Ceylon  and  Iraq.     Egypt  is  included  in  the  "All  Other"  category. 

Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

Includes  Egypt,  Spain,  Palestine,  and  also  Newfoundland  until  March  31, 

1949. 

Preliminary. 

Imports  from  the  United  Kingdom  do  not  include  articles  imported  for 

the  use  of  the  armed  forces  of  the  United  Kingdom.    In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)   and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded.         (8)   Estimates. 


Jl 


JULY  1952 

XVII— MERCHANDISE  EXPORTS  :  COMMODITY  CLASSIFICATION  BY  VOLUME(1) 


122 


Compiled  from  "Trade 

of  Canada 

, — Exports 

',  Dominion  Bureau  of  Statistics 

Wheat<« 

Wheat 
Flour 

Oats, 

Barley, 

Rye 

Live 
Cattle 

Beef 

Bacon 

and 

Hams 

Cheese 

Milk 
(powdered 
condensed 
evapo- 
rated) 

Fish 

(fresh 

and 

frozen) 

Fish 

(canned 

and  salted 

etc.) 

Planks 

and 
Boards 

Pulpwood 

mm.  bus. 

mm.  bbls. 

mm.  bus. 

000 

000  cwt. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  ft. 

000  cords 

Calendar  Years 
1929 

211 

10 

27 

254 

301 

29 

93 

32 

122 

295 

1,755 

1,295 

1932 

228 

5 

34 

33 

41 

36 

87 

25 

84 

174 

674 

529 

1937 

106 

4 

17 

322 

161 

196 

89 

33 

140 

184 

1,858 

1,543 

1947 

150 

18 

23 

83 

426 

236 

56 

80 

203 

271 

2,726 

1,883 

1948 

145 

12 

54 

371 

1,228 

205 

40 

90 

212 

221 

2,460 

2,188 

1949 

211 

10 

52 

421 

1,002 

67 

53 

72 

205 

251 

2,181 

1,503 

1950 

162 

10 

41 

459 

840 

79 

63 

56 

267 

284   » 

3,575 

1,612 

1951 

235 

12 

110 

239 

934 

6 

31 

41 

253 

286 

3,436 

2,676 

12-mth«  ending 

May  1952 

281 

11 

123 

134 

657 

3 

29 

48 

255 

275 

3,439 

2,747 

Monthly 

1951-Feb. 

10.2 

1.0 

2.6 

20.8 

26.5 

.5 

.7 

1.1 

14.9 

23.8 

241.2 

182.9 

Mar. 

11.1 

1.2 

2.3 

27.3 

26.5 

.4 

.3 

1.3 

14.0 

23.4 

296.9 

218.4 

Apr. 

12.7 

1.3 

1.6 

24.1 

60.8 

.6 

.2 

1.8 

12.7 

22.1 

303.7 

154.1 

May 

17.7 

1.5 

10.4 

25.1 

151.2 

.4 

.1 

3.5 

16.4 

17.1 

286.1 

114.4 

June 

25.5 

1.0 

10.2 

18.4 

177.3 

.3 

1.3 

3.4 

15.2 

21.6 

265.7 

224.9 

July 

27.7 

1.2 

13.8 

12.1 

154.3 

.2 

2.6 

4.7 

20.3 

20.9 

318.6 

290.5 

Aug. 

19.2 

.7 

10.9 

15.5 

77.8 

.2 

4.6 

6.3 

24.0 

17.8 

315.2 

295.3 

Sept. 

19.1 

.5 

11.0 

20.4 

71.3 

.1 

6.2 

3.8 

23.9 

20.0 

281.8 

258.4 

Oct. 

27.6 

.9 

12.7 

22.8 

89.5 

.2 

8.1 

3.1 

38.7 

26.5 

318.1 

321.2 

Nov. 

35.5 

.9 

15.2 

21.5 

44.3 

.3 

5.1 

5.1 

30.8 

24.8 

285.3 

241.3 

Dec. 

16.8 

.7 

15.0 

8.6 

11.5 

.5 

.9 

6.0 

18.0 

37.4 

258.8 

194.5 

1952-Jan. 

16.0 

.9 

5.4 

4.4 

6.7 

.5 

.2 

1.0 

16.8 

22.5 

223.9 

235.8 

Feb. 

18.6 

.7 

4.2 

9.1 

13.3 

.4 

.1 

3.1 

14.7 

19.2 

250.6 

234.4 

Mar. 

17.1 

1.1 

4.2 

.8 

2.4 

.2 

.1 

4.2 

23.5 

23.0 

280.4 

235.6 

Apr. 

20.0 

1.2 

6.2 

— 

.2 

.1 

.1 

2.8 

15.3 

24.7 

291.9 

101.8 

May 

38.3 

1.2 

14.6 

.4 

8.2 

.2 

.1 

4.3 

13.7 

17.3 

348.5 

113.7 

Wood 
Pulp 

News- 

Autos 
and 

Aluminum 
(unmanu- 

Copper 
(unmanu- 

Lead 

(unmanu- 

Zinc 
(unmanu- 

Nickel 
(unmanu- 

Silver 
(unmanu- 

Asbestos 
(unmanu- 

Fertilizer 

Non- 
Monetary 

print 

Trucks 

factured) 

factured) 

factured) 

factured) 

factured) 

factured) 

factured) 

Gold 

000  tons 

000  tons 

000 

000  tons 

000  tons 

000  tons 

000  tons 

000  tons 

000  fine  oz 

000  tons 

000  tons 

000  fine  oz 

Calendar  Years 

1929 

831 

2,515 

102 

38 

123 

122 

84 

55 

21,938 

292 

222 

1,872 

1932 

452 

1,777 

13 

10 

133 

109 

88 

16 

16,992 

112 

124 

3,013 

1937 

871 

3,455 

66 

50 

219 

185 

170 

111 

20,389 

391 

273 

4,128 

1947 

1,699 

4,221 

84 

228 

142 

132 

183 

117 

10,237 

637 

791 

2,851 

1948 

1,798 

4,328 

48 

333 

178 

109 

206 

132 

8,729 

690 

692 

3,423 

1949 

1,549 

4,705 

30 

397 

199 

135 

281 

127 

10,267 

535 

706 

3,866 

1950 

1,846 

4,938 

34 

353 

188 

136 

282 

122 

11,849 

830 

742 

4,283 

1951 

2,243 

5,112 

60 

375 

152 

127 

305 

131 

17,795 

942 

623 

4,080 

12-mtbs  ending 

i  May  1952 

2,256 

5,209 

93 

381 

159 

130 

343 

141 

19,365 

906 

677 

3,990 

Monthly 

1  1951-Feb. 

149.6 

357.8 

.9 

22.4 

10.3 

7.1 

11.4 

7.9 

1,316.3 

53.5 

55.4 

321.1 

Mar. 

185.4 

436.6 

3.0 

32.4 

10.8 

11.7 

19.8 

11.2 

2,142.5 

99.8 

37.8 

229.4 

Apr. 

176.1 

424.1 

5.8 

38.4 

18.1 

9.5 

19.2 

11.6 

963.9 

89.0 

48.7 

438.9 

May 

188.6 

469.4 

3.6 

36.9 

10.6 

15.0 

22.6 

9.4 

1,473.9 

83.2 

74.6 

349.4 

June 

191.2 

390.2 

2.4 

9.9 

12.0 

6.1 

28.1 

8.9 

1,377.0 

77.9 

64.8 

373.1 

July 

201.6 

484.6 

4.8 

44.0 

13.7 

9.3 

36.9 

12.2 

1,518.4 

73.5 

41.5 

361.8 

Aug. 

211.0 

466.0 

4.4 

49.5 

9.3 

8.2 

25.6 

11.2 

1,776.9 

81.1 

50.3 

300.1 

Sept. 

186.1 

398.4 

7.1 

30.4 

11.8 

10.4 

29.4 

10.4 

1,538.1 

80.2 

46.0 

294.9 

Oct. 

202.6 

453.3 

9.5 

33.7 

10.7 

9.0 

28.1 

12.4 

888.8 

81.8 

41.0 

223.3 

Nov. 

187.6 

447.8 

9.9 

27.5 

12.4 

13.4 

31.8 

11.6 

1,709.3 

65.6 

52.9 

212.7 

Dec. 

187.8 

375.8 

8.5 

19.0 

19.5 

15.0 

23.7 

12.1 

1,691.8 

79.2 

51.6 

502.9 

1952-Jan. 

196.3 

439.8 

14.4 

20.6 

12.4 

11.4 

26.9 

10.1 

1,637.5 

71.4 

58.7 

361.2 

Feb. 

162.0 

413.9 

13.4 

26.0 

9.1 

10.7 

29.6 

12.7 

1,642.6 

60.6 

60.1 

369.5 

Mar. 

192.2 

443.8 

8.4 

28.1 

15.7 

12.6 

31.8 

12.1 

2,040.4 

70.4 

74.6 

419.1 

Apr. 

173.3 

449.0 

5.1 

40.6 

15.8 

12.0 

27.2 

12.9 

1,176.9 

79.0 

73.4 

325.6 

May 

163.8 

446.7 

5.1 

51.3 

17.2 

12.0 

23.8 

14.0 

2,367.7 

85.1 

62.5 

245.6 

.(I)    Includes 

foreign  trad< 

1  of  Newfoun 

dland  as  fror 

n  April  1,  19 

19.     Where  c 

[uantity  is  sh 

own  in  tons, 

a  short  ton  < 

>f  2000  lbs.  h 

as  been  used 

(2)    After  Ju 

y  1936,  expc 

>rt  figures  are 

based  on  B 

aard  of  Graii 

i  Commissio 

iers'  data  rat 

her  than  Cu 

stoms'  cleara 

nces. 

(^^) 


V 
33<3 


a 


TATISTICAL  SUMMARY 

BANK  OF  CANADA 


Tables                                                                Charts  Pages 

I     Bank  of  Canada  : 

Liabilities  and  Assets 123-124 

II     Chartered  Banks: 

Liabilities  and  Assets 123-124 

III  General  Public  Holdings  of  Certain  Liquid  Assets: 

Currency,  Bank  Deposits  and  Government  of  Canada  Securities  .        .        .  125  -  126 

Resident  and  Non-Resident  Holdings:  Approximate  Division        .        .        .  125 

Total  Active  Note  Circulation 126 

IV  Foreign  Exchange  Rates 127 

United  States  Dollar  in  Canadian  Funds 127 

V     Government  Bond  Yields  and  Treasury  Bill  Rates 128 

VI     Business  Activity 128 

VII     Cost  of  Living 129 

VIII    Wholesale  Prices 129 

IX    Use  of  Major  Energy  Sources 130 

Use  of  Major  Energy  Sources 130 

X    Selected  Petroleum  Statistics 131  -  132 

XI     Grains:  Acreage  and  Production 133 

Grains:  Acreage  and  Production    .        . 134 

XII     Canadian  Wheat :  Statistical  Position 134 

XIII  Average  Hourly  and  Weekly  Earnings  and  Hours  Worked 

in  Manufacturing 135 

Average  Hourly  and  Weekly  Earnings  in  Manufacturing  .        .        .  135 

XIV  Merchandise  Imports:  Commodity  Classification  by  Volume       .       .       .  136 

XV    Merchandise  Imports:  Commodity  Classification  by  Value          .       .       .  137-138 

XVI     Merchandise  Trade:  Exports  and  Imports  by  Countries       ....  139 

Merchandise  Trade:  Exports  and  Imports 140 


TABLES  AND  CHARTS  MAY   BE   REPRODUCED  OR  REFERRED  TO  PROVIDED  THAT  THE   BANK   OF 
CANADA   STATISTICAL   SUMMARY,   WITH   ITS   DATE,    IS  SPECIFICALLY  QUOTED  AS  THE    SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:   25c   per   copy,    post   free.      For   particulars   apply   to   the   Research   Department,    Bank   of  Canada,   Ottawa. 


AUGUST  1952 


123 

AUGUST  1952 

AUGUST  1952 

124 

I— BANK 

OF  CANADA 

Millions  of  Dollars 

Millions  of  Dollars 

LIABILITIES 

ASSETS 

Chartered  Bank  Cash 

Govt,  of 
Canada 
Deposits 

Other 
Deposits 

Foreign 
Currency 
Deposits115 

Active 

B.  of  C. 

Note 

Circulation 

All 

Other 

Accounts 

Total 

Liabilities 

or 

Assets 

Gold 

Silver 

Foreign11' 
Exchange 

Securities 

Advances 

All 
Other 

Accounts 

Notes 
in  Tills 

Deposits 

at 
B.ofC. 

Total 

Govt,  of  Canada 
and  Provincial 

Ind.  Dev. 

Bank 
Cap.  Stock 

Other 
Securities 

Total 

Under  2  yrs. 

Over  2  yrs. 

As  at  Dec.  31 

40.6 

181.6 

222.2 

17.9 

.8 

59.1 

7.7 

307.7 

180.5 

1.6 

4.2 

30.9 

83.4 

_ 

114.3 

3.5 

3.5 

As  at  Dec.  31 
1935 

53.9 

196.0 

249.9 

11.1 

3.5 

- 

111.4 

14.4 

390.3 

179.8 

3.0 

14.9 

82.3 

91.6 

— 

12.2 

186.1 

_ 

6.5 

1937 

1939 

70.6 

217.0 

287.6 

46.3 

17.9 

- 

162.2 

13.3 

527.2 

225.7 

" 

64.3 

181.9 

49.9 

- 

- 

231.8 

- 

5.5 

1939 

1946 

176.9 

565.5 

742.3 

60.5 

93.8 

1.0 

1,009.3 

41.7 

1,948.6  - 

- 

1.0 

1,197.4 

708.2 

15.0 

_ 

1,920.6 

_ 

27.1 

1946 

1947 

183.9 

536.2 

720.1 

68.8 

67.5 

2.0 

1,027.5 

40.4 

1,926.2 

- 

— 

2.0 

1,022.0 

858.5 

25.0 

- 

1,905.6 

- 

18.7 

1947 

1948 

190.8 

547.3 

738.1 

98.1 

81.0 

.4 

1,098.3 

42.7 

2,058.6 

- 

- 

.5 

1,233.7 

779.1 

25.0 

- 

2,037.7 

- 

20.4 

1948 

1949 

211.8 

541.7 

753.5 

30.7 

126.9 

79.6 

1,095.6 

39.5 

2,125.9 

- 

- 

74.2 

1,781.4 

227.8 

25.0 

5.5 

2,039.7 

- 

12.0 

1949 

1950 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

- 

- 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

- 

24.0 

1950 

1951 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

~~ 

~ 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

1951 

End  of 
1951 — Apr. 

203.1 

556.1 

759.2 

56.9 

215.1 

137.7 

1,119.9 

58.9 

2,347.7 

- 

- 

129.0 

1,327.6 

722.5 

25.0 

70.6 

2,145.7 

_ 

73.0 

End  of 
Apr.— 1951 

May 

214.8 

530.1 

744.8 

76.2 

221.5 

129.9 

1,122.7 

38.8 

2,334.1 

- 

- 

125.4 

1,313.7 

777.3 

25.0 

45.3 

2,161.3 

- 

47.4 

May 

177.1 

590.7 

767.8 

.   75.3 

220.1 

132.8 

1,174.2 

32.2 

2,402.4 

- 

- 

117.0 

1,335.2 

846.3 

25.0 

58.8 

2,265.4 

- 

20.1 

June 

July 

226.0 

558.2 

784.2 

91.1 

212.6 

146.7 

1,144.5 

56.2 

2,435.3 

- 

- 

117.0 

1,327.4 

872.5 

25.0 

51.4 

2,276.3 

- 

41.9 

July 

Aug. 

189.7 

580.4 

770.1 

115.0 

185.7 

143.0 

1,181.0 

62.8 

2,457.6 

- 

- 

100.1 

1,349.6 

888.1 

25.0 

44.1 

2,306.9 

- 

50.6 

Aug. 

Sept. 

195.2 

579.4 

774.6 

105.6 

140.0 

116.3 

1,192.8 

38.5 

2,367.8 

- 

— 

87.1 

1,297.6 

896.1 

25.0 

31.2 

2,249.9 

— 

30.8 

Sept. 

Oct. 

232.2 

588.3 

820.6 

210.3 

83.3 

102.1 

1,174.3 

62.9 

2,453.4 

- 

- 

96.6 

1,317.5 

956.4 

25.0 

8.2 

2,307.1 

- 

49.7 

Oct. 

'  Nov. 

195.1 

633.8 

828.9 

66.0 

92.5 

135.1 

1,212.1 

54.4 

2,388.9 

- 

- 

128.9 

1,137.8 

1,043.1 

25.0 

18.8 

2,224.6 

- 

35.4 

Nov. 

Dec. 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

- 

- 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

Dec. 

1952— Jan. 

222.4 

629.2 

851.6 

92.8 

54.9 

99.5 

1,153.2 

53.9 

2,306.0 

- 

- 

85.4 

1,095.4 

1,042.6 

25.0 

24.3 

2,187.2 

- 

33.3 

Jan.— 1952 

Feb. 

175.6 

616.7 

792.3 

88.5 

52.1 

84.7 

1,198.8 

27.8 

2,244.3 

- 

— 

70.4 

1,058.1 

1,027.6 

25.0 

27.3 

2,138.0 

- 

35.9 

Feb. 

Mar. 

207:5 

656.5 

864.0 

14.6 

66.1 

68.5 

1,185.7 

30.1 

2,229.0 

- 

- 

60.2 

1,179.9 

882.2 

25.0 

11.7 

2,098.8 

- 

70.0 

Mar. 

Apr. 

234.8 

645.7 

880.5 

14.3 

41.7 

77.5 

1,177.0 

31.5 

2,222.5 

- 

- 

72.4 

1,191.5 

874.7 

25.0 

21.6 

2,185.1 

- 

37.4 

Apr. 

May 

190.6 

579.4 

770.0 

21.9 

44.6 

82.8 

1,226.8 

34.3 

2,180.4 

- 

- 

78.4 

1,203.6 

824.6 

25.0 

11.2 

2,064.5 

- 

37.5 

May 

June 

219.6 

578.0 

797.6 

26.8 

48.5 

48.4 

1,222.2 

45.6 

2,189.0 

- 

- 

43.9 

1,251.3 

817.8 

25.0 

11.1 

2,105.3 

- 

39.9 

June 

July 

'    235.3 

595.5 

830.7 

51.6 

41.6 

70.0 

1,223.0 

41.3 

2,258.2 

~ 

~ 

63.1 

1,280.0 

843.9 

25.0 

11.1 

2,160.1 

~ 

35.1 

July 

(1)  Includes  foreign  excha 

nge  items  for  fo 

reign  clients  anc 

also  the  Gover 

nment  of  Canat 

a  and,  commen 

^ng  March  31, 

949,  the  Exchange  Fund  Account.         it  Since 

May  1940  th 

minimum  gold  reserve  requirement  has  been  in  suspense. 

II 


Millions  of  Dollars 


-CHARTE  RED  BANKS 

Bank  of  i  Canada 


As  at  Dec.  31 

1929 

1932 

1937 

1949 

1950 

1951 

End  of 
1951— Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 


LIABILITIES 


Notes 


175 

127 

102 

14 


Deposits 


Demand 


729 


2,426 
2,770 
2,963 

2,725 
2,692 
2,578 
2,675 
2,675 
2,651 
2,907 
2,936 
2,963 

2,703 
2,704 
2,824 
2,889 
2,851 
2,987 
2,885 


Notice 


Govt,  of 

Canada 

and  Prov. 


1,434 
1,378 
1,583 
4,433 
4,558 
4,612 

4,598 
4,589 
4,559 
4,580 
4,583 
4,595 
4,575 
4,616 
4,612 

4,639 
4,685 
4,748 
4,757 
4,769 
4,792 
4,836 


92 

72 

53 

367 

500 

322 

360 
405 
455 
403 
409 
391 
270 
276 
322 

363 
372 
407 
340 
360 
341 
359 


Canadian 
Deposits 


2,270 
1,928 
2,387 
7,348 
7,997 


7,856 
7,829 
7,697 
7,809 
7,799 
7,724 
7,913 
8,015 


7,846 
7,918 
8,090 
8,115 
8,078 
8,273 
8,252 


Foreign 


Total 
Deposits 


442 
329 
409 
730 
735 
795 

749 
747 
763 
753 
808 
769 
784 
784 
795 

762 

758 
778 


2,820 
2,306 
2,819 
8,177 
8,867 
9,003 

8,742 
8,718 
8,618 
8,705 
8,775 
8,674 
8,833 
8,927 
9,003 

8,730 
8,799 
9,008 
9,062 
9,037 
9,261 
9,165 


ASSETS 


Cash 
in    (3 
Canada 


228 
211 
250 
753 
810 
892 

759 
745 
768 
784 
770 
775 
821 
829 
892 

852 
792 
864 
881 
770 
798 
831 


Securities 


Govt,  of 
Canada 


Prov- 
incial 


3,112 
3,079 
2,754 

2,742 
2,720 
2,681 
2,696 
2,679 
2,734 
2,726 
2,744 
2,754 

2,819 
2,884 
2,939 
2,917 
2,968 
2,953 
3,029 


297 
562 
1,111 


445 
416 
355 

368 
370 
366 
356 
355 
353 
342 
357 
355 

339 
330 
325 
310 
315 
306 
309 


Foreign 
Govt. 


Other 


151 
216 


59 
242 
193 
200 

208 
190 
192 
195 
210 
208 
226 
214 
200 

214 
233 

284 
291 
266 
256 
249 


242 
545 
599 
567 


556 
556 
547 
550 
552 
553 
548 


Total 


448 
778 
1,411 
4,345 
4,286 
3,876 


607 

3,924 

606 

3,886 

598 

3,838 

594 

,     3,840 

588 

3,832 

581 

|      3,876 

582 

3,876 

578 

3,894 

567 

3,876 

3,927 
4,003 
4,095 
4,068 
4,100 
4,067 
4,135 


Loans 


262 
103 
76 
133 
134 
107 

87 
92 
82 
84 
90 
107 
111 
96 
107 

107 
95 
97 
140 
132 
138 
145 


1,403 
964 
749 
2,174 
2,651 
2,901 

2,886 
2,896 
2,898 
2,890 
2,912 
2,901 
2,893 
2,975 
2,901 

2,827 
2,788 
2,797 
2,800 
2,845 
2,892 
2,928 


122 
140 
113 
97 
125 
127 

161 

170 
164 
153 
161 
144 
141 
149 
127 

128 
130 

152 
161 
167 
156 
125 


245 
91 
60 
70 
100 
131 

97 
99 
110 
112 
119 
131 
82 
90 
131 


94 
85 
138 
156 
155 
167 


251 
152 
166 
211 
247 
278 

271 
281 
281 
285 
262 
273 
290 
285 
278 

276 
276 
280 
279 
287 
269 


Total 

Assets 


3,521 
2,852 
3,281 
8,718 
9,496 
9,610 

9,403 
9,370 
9,256 
9,323 
9,378 
9,276 
9,440 
9,544 
9,610 

9,343 
9,409 
9,613 
9,672 
9,634 
9,847 
9,737 


Millions  of  Dollars 


DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cash  to 

Active 

in     (3) 
Canada 

Deposits 

Canadian 

Note  is) 

(4) 

Deposits 

Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

770 

7,734 

10.0 

1,106 

Apr.— 1951 

756 

7,731 

9.8 

1,110 

May 

768 

7,702 

10.0 

1,125 

June 

807 

7,761 

10.4 

1,139 

July 

795 

7,686 

10.3 

1,141 

Aug. 

805 

7,680 

10.5 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

839 

7,754 

10.8 

1,150 

Feb. 

846 

7,851 

10.8 

1,169 

Mar. 

848 

7,989 

10.6 

1,182 

Apr. 

834 

8,063 

10.3 

1,185 

May 

789 

8,096 

9.7 

1,199 

June 

848 

8,208 

10.3 

1,212 

July 

i  Canada  transferred  to  Bank  of  Canada  during  January  1950. 


_ , .  .„    ...     .  ,_„    „„    u.,u     Miuiiiiu.i      i  I  ■    I  ,itr    UCUU3JL3    1U 

January  1950:  liability  for  outstanding  notes  issued  for  circulation  i 


125 

AUGUST  1952 

AUGUST  1952 

126 

III— GENERAL  PUBLIC  HOLDINGS 

OF  CERTAIN  LIQUID  ASSETS* 

Currency,  Bank  Deposits  and 

Government  of  Canada  Securities 

Bank  of 

Canada 

Millions  of  Dollars 

Millions  of  Dollars 

Canadian  Dollar  Currency  and  Active  Bank  Deposits 

Total 

Currency 

and 

Active 

Bank 

Deposits 

(2) 

Inactive 

Chartered 

Bank 

Notice 

Govt,  of 
Canada 
Securities 

Total 
Liquid 

Assets 

Total 

Related  Factors** 

Currency 
Outside  Banks 

Active  Bank  Deposits'" 

Govt,  of  Canada  Direct  and  Guaranteed  Funded  Debt'3' 

Bank'" 
Loans 

&Non- 
Govt. 
Invest- 

Bk.ofCan 
Gold  and 

Deduct 
All 

Chartered  Banks 

Bank  of 
Canada 

Total 

Held  by  Bk.  of  Can.  &  Ch.  Bks. 

Held  by  Other  Investors 

Other 

Deduct^ 

Deduct 

Notes 

Coin 

Total 

Public 
Demand 

Active 
Notice 

excl. 
Govt. 

Total 

Deduct 
Float 

Net 
Total 

"Other" 
Deposits 

Deposits 

(a) 

Related 
Factors 

Total 

Govt,  of 
Canada 

Net 
Total 

Total 

Securities 
held  by  all 

Net 
Total 

Holdings 

(Net) 

Other 
(Net) 

(!) 

of  Canada 

Deposits 

Govt.Accts 

As  at  Dec.  31 
1949 

1,110 

74 

1,184 

2,426 

682 

338 

3,446 

335 

3,111 

127 

3,238 

4,422 

3,751 

9,902 

18,075 

5,121 

181 

4,940 

10,698 

796 

9,902 

3,419 

186 

As  at  Dec.  31 
1949 

1950 

1,136 

78 

1,214 

2,770 

697 

413 

3,880 

450 

3,430 

207 

3,637 

4,851 

3,861 

10,066 

18,778 

5,021 

280 

4,741 

10,913 

847 

10,066 

3,950 

226 

205 

1950 

1951 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

4,843 

3,894 

9,386 

18,123 

4,945 

160 

4,785 

10,395 

1,009 

9,386 

4,085 

49 

182 

1951 

End  of 
1951 — June 

1,174 

81 

1,255 

2,578 

707 

385 

3,670 

395 

3,275 

220 

3,495 

4,750 

3,852 

9,805 

18,407 

4,863 

252 

4,611 

10,680 

875 

9,805 

4,133 

43 

185 

End  of 
June— 1951 

July 

1,145 

80 

1,225 

2,675 

709 

396 

3,780 

468 

3,312 

213 

3,525 

4,750 

3,871 

9,733 

18,354 

4,896 

248 

4,468 

10,617 

884 

9,733 

4,101 

22 

150 

July 

Aug. 

1,181 

81 

1,262 

2,675 

712 

381 

3,768 

497 

3,271 

186 

3,457 

4,719 

3,872 

9,672 

18,263 

4,917 

276 

4,641 

10,575 

903 

9,672 

4,131 

_ 

181 

Aug. 

Sept. 

1,193 

82 

1,275 

2,651 

715 

371 

3,737 

387 

3,350 

140 

3,490 

4,765 

3,880 

9,574 

18,219 

4,928 

213 

4,715 

10,493 

919 

9,574 

4,112 

1 

183 

Sept. 

Oct. 

1,174 

82 

1,256 

2,907 

713 

380 

4,000 

544 

3,456 

83 

3,539 

4,795 

3,862 

9,514 

18,171 

5,000 

261 

4,739 

10,446 

932 

9,514 

4,095 

1 

178 

Oct. 

,  Nov. 

1,212 

84 

1,296 

2,936 

712 

398 

4,046 

552 

3,494 

93 

3,587 

4,883 

3,904 

9,494 

18,280 

4,925 

130 

4,795 

10,460 

966 

9,494 

4,181 

11 

201 

Nov. 

Dec. 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

4,843 

3,894 

9,388 

18,125 

4,945 

160 

4,785 

10,397 

1,009 

9,388 

4,085 

49 

182 

Dec. 

1952— Jan. 

1,153 

82 

1,235 

2,703 

748 

412 

3,863 

456 

3,407 

55 

3,462 

4,697 

3,891 

9,357 

17,945 

4,957 

185 

4,772 

10,359 

1,002 

9,357 

3,984 

7 

175 

Jan.— 1952 

Feb. 

1,199 

83 

.    1,282 

2,704 

758 

451 

3,913 

517 

3,396 

52 

3,448 

4,730 

3,926 

9,282 

17,938 

4,970 

166 

4,804 

10,284 

1,002 

9,282 

3,930 

10 

88 

Feb. 

Mar. 

1,186 

84 

1,270 

2,824 

770 

422 

4,016 

551 

3,465 

66 

3,531 

4,801 

3,978 

9,220 

17,999 

5,001 

111 

4,890 

10,225 

1,005 

9,220 

3,947 

- 

58 

Mar. 

Apr. 

1,177 

■   83 

1,260 

2,889 

768 

418 

4,075 

528 

3,547 

42 

3,589 

4,849 

3,989 

9,196 

18,034 

4,983 

65 

4,918 

10,203 

1,007 

9,196 

3,989 

13 

82 

Apr. 
May 

May 

1,227 

85 

1,312 

2,851 

770 

352 

3,973 

518 

3,455 

45 

3,500 

4,812 

3,999 

9,155 

17,966 

4,996 

129 

4,867 

10,168 

1,013 

9,155 

4,039 

3 

98 

June 

1,222 

85 

1,307 

2,987 

773 

396 

4,156 

642 

3,514 

49 

3,563 

4,870 

4,019 

9,090 

17,979 

5,022 

125 

4,897 

10,118 

1,028 

9,090 

4,073 

3 

84 

June 

July 

1,223 

84 

1,307 

2,885 

774 

352 

4,011 

488 

3,523 

42 

3,565 

4,872 

4,062 

9,028 

17,962 

5,153 

230 

4,923 

10,071 

1,040 

9,028 

4,083 

- 

72 

July 

■JL-  The  term  General  Public  refers  to  holdings  of  non-residents  as  well  as 
residents;  for  an  approximate  division  between  resident  and  non-resident 
holdings  see  Table  III,  below. 
*-fcThe  whole  of  the  increase  or  decrease  in  Canada's  foreign  exchange  reserves 
is  embodied  in  the  related  factors  in  this  table;  to  the  extent  that  such 
changes  do  not  appear  in  the  column  "Bank  of  Canada  Gold  and  Exchange 
Holdings  (net)"  they  affect  changes  in  "Government  of  Canada  Direct 
and  Guaranteed  Funded  Debt." 


Total  Canadian  dollar  deposits  of  the  chartered  banks  and  the  Bank  of 
Canada  less:  (*)  Inactive  chartered  bank  notice  deposits  which  consist 
of  the  estimated»aggregate  minimum  quarterly  balances  in  chartered  banks' 
personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 
Canada;  (b)  Float,  i.e.  cheques  on  other  banks  as  shown  in  chartered 
banks  month-end  returns  to  the  Minister  of  Finance;  (c)  Canadian  dollar 
deposits  of  the  Government  of  Canada  at  the  chartered  banks  and  the 


III— GENERAL  PUBLIC  HOLDINGS  OF  CERTAIN  LIQUID  ASSETS'" 

Resident  and  Non-Resident  Holdings  :  Approximate  Division 


Millions  of  Dollars 

Bank  of  Canada 

Total  Currency 

Inactive  Chartered 

and  Active 
Bank  Deposits 

Bank  Notice 
Deposits 

Government  oi 
Canada  Securities 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

Resi- 
dent 

Non- 
Resi- 
dent 

Total 

As  at  December  31 

1938 

1,042 

89 

1,131 

1,352 

120 

1,472 

1,817 

1,411 

3,228 

4,211 

1,620 

5,831 

1939 

1,211 

159 

1,370 

1,435 

109 

1,544 

1,881 

1,398 

3,279 

4,527 

1,666 

6,193 

1941 

1,825 

76 

1,901 

1,345 

88 

1,433 

3,053 

1,109 

4,162 

6,223 

1,273 

7,496 

1942 

2,260 

89 

2,349 

1,346 

90 

1,436 

4,349 

995 

5,344 

7,955 

1,174 

9,129 

1943 

2,627 

99 

2,726 

1,542 

112 

1,654 

6,181 

1,003 

7,184 

10,350 

1,214 

11,564 

1944 

3,031 

122 

3,153 

1,939 

121 

2,060 

8,096 

1,035 

9,131 

13,066 

1,278 

14,344 

1945 

3,365 

149 

3,514 

2,255 

136 

2,391 

10,166 

1,144 

11,310 

15,786 

1,429 

17,215 

1946 

3,747 

249 

3,996 

2,709 

147 

2,856 

10,084 

1,091 

11,175 

16,540 

1,487 

18,027 

1947 

3,723 

221 

3,944 

3,002 

141 

3,143 

9,710 

1,053 

10,763 

16,435 

1,415 

17,850 

1948 

4,114 

221 

4,335 

3,284 

124 

3,408 

9,091 

1,158 

10,249 

16,489 

1,503 

17,992 

1949 

4,167 

255 

4,422 

3,628 

123 

3,751 

8,662 

1,240 

9,902 

16,457 

1,618 

18,075 

1950 

4,430 

421 

4,851 

3,714 

147 

3,861 

8,700 

1,366 

10,066 

16,844 

1,934 

18,778 

1951 
Month-end 

4,608 

235 

4,843 

3,753 

141 

3,894 

8,218 

1,168 

9,386 

16,579 

1,544 

18,123 

1951— June 

4,351 

399 

4,750 

3,706 

146 

3,852 

8,410 

1,395 

9,805 

16,467 

1,940 

18,407 

Sept. 

4,446 

319 

4,765 

3,736 

144 

3,880 

8,247 

1,327 

9,574 

16,429 

1,790 

18,219 

Dec. 

4,608 

235 

4,843 

3,753 

141 

3,894 

8,218 

1,168 

9,386 

16,579 

1,544 

18,123 

1952— Mar.t 

4,570 

231 

4,801 

3,836 

142 

3,978 

8,094 

1,126 

9,220 

16,500 

1,499 

17,999 

June 

4,636 

234 

4,870 

3,881 

138 

4,109 

8,008 

1,082 

9,090 

16,525 

1,454 

17,979 

(1)  See  footnotes  to 

fable  ffl,  a 

bove.       t  I 

Uvised. 

Bank  of  Canada  (shown  in  second  column  of  related  factors  section);  (d) 
Canadian  dollar  deposits  of  the  chartered  banks  at  the  Bank  of  Canada. 

(2)  See  footnote  (1)  a. 

(3)  Direct  and  guaranteed  securities  (including  refundable  taxes)  at  par.  Direct 
debt  includes  both  matured  and  unmatured  issues  outstanding,  exclusive 
of  sinking  fund  holdings;  guaranteed  debt  is  included  on  the  basis  of  the 
total  unmatured  issues  outstanding;  Newfoundland  debt  assumed  by 
the  Government  of  Canada  has  been  included  since  June  1949.     Foreign 


pay  securities  have   been  valued   at  official   mid-rates  of  exchange  to 
September  30,  19S0,  and  at  market  rates  thereafter. 

(4)  See  footnote  (1)  c. 

(5)  Chartered  bank  Canadian  loans  and  holdings  of  provincial,  municipal 
and  "other"  securities  and  Bank  of  Canada  holdings  of  Industrial 
Development  Bank  capital  stock  and  debentures. 

(6)  Net  of  all  related  asset  and  liability  items  not  shown  elsewhere  in  this  table 
including  foreign  currency  items. 


TOTAL  ACTIVE   NOTE  CIRCULATION1 


MILLIONS  OF  DOLLARS 

1240 


1200 


MILLIONS  OF  DOLLARS 

1240 


1200 


1080 


1160 


1120 


1080 


DEC.  JAN.  FEB.  MAR  APR  MAY  JUNE  JULY  AUG.  SEPT.  OCT  NOV.  DEC. 

(1)  See  footnote  (5)  to  Table  II  on  pages  123-124. 


127 


AUGUST  1952 


Cents  per  unit 


IV— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 
OFFICIAL  RATESU) 


U.  S.  Dollar  in  Canada 

£  Sterling  in  Canada 

Buying 

Selling 

Mid-rate 

Buying 

Selling 

Mid-rate 

1939  -  Sept.  16W 

1945  -  Oct.    15(2) 

1946  -  July     6(2) 
1949  -  Sept.  20(2) 

110.00 
110.00 
100.00 
110.00 

111.00 
110.50 
100.50 
110.50 

110.50 
110.25 
100.25 
110.25 

443.00 
443.00 
402.00 
307.25 

447.00 
445.00 
404.00 
308.75 

445.00 
444.00 
403.00 
308.00 

MARKET  RATES 


(3) 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 
1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1951— Aug. 

105.94 

105.09 

105.56 

296.50 

294.13 

295.46 

Sept. 

105.75 

105.19 

105.56 

296.00 

294.38 

295.46 

Oct. 

105.50 

104.19 

105.08 

295.25 

291.63 

294.11 

Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

Feb. 

100.69 

100.00 

100.11 

280.00 

278.06 

278.43 

Mar. 

100.00 

98.38 

99.60 

280.19 

276.75 

278.60 

Apr. 

98.50 

97.88 

98.09 

276.88 

274.31 

275.43 

May 

98.75 

98.00 

98.38 

276.88 

273.94 

275.50 

June 

98.38 

97.19 

97.91 

274.13 

270.63 

272.64 

July 

97.75 

96.06 

96.92 

272.25 

267.31 

270.20 

Aug. 

96.66 

95.88 

96.14 

269.75 

267.13 

268.12 

(1)  Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16,  1939. 

(2)  Dates  on  which  official  rates  were  established  or  changed. 

(3)  Commencing  Oct.  2,  1950.  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  reported  on  transactions  between  banks  in  the  exchange 
market. 


UNITED   STATES    DOLLAR    IN    CANADIAN    FUNDS 


(i) 


CANADIAN    DOLLARS 

1.081 


.05 


CANADIAN   DOLLARS 

.08 


.05 


MONTHLY 


1.02 


.99 


.96 


LOW-*1 


I    1    1    I    I    I    1    I    I    I    I    I    I    I    I II 


AUGUST    1952 


.93 


•« HIGH 


i.02 


.99 


96 


93 


ONDJFMAMJJ 
1950  1951 

(1)    Market  rate;  see  footnote  (3)  to  table  above. 


J        J 
1952 


AUGUST  1952 


128 


V— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals(1) 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1951— Apr. 

3.24 

3.20 

2.75 

2.48 

May 

3.24 

3.18 

2.62 

2.28 

June 

3.25 

3.15 

2.62 

2.35 

July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Mar. 

3.57 

3.50 

3.00 

2.29 

Apr. 

3.55 

3.52 

3.02 

2.34 

May 

3.47 

3.43 

3.04 

2.37 

June 

3.55 

3.53 

3.15 

2.55 

July 

3.62 

3.61 

3.33 

2.79 

Aug. 

3.70 

3.67 

3.41 

2.86 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada (2> 

U.K.<« 

U.S.A.  «> 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

3.21 

3.35 

2.59 

3.20 

3.43 

2.69 

3.24 

3.55 

2.70 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

3.52 

4.29 

2.70 

3.52 

4.21 

2.60 

3.46 

4.29 

2.53 

3.49 

4.47 

2.55 

3.57 

4.45 

2.55 

3.61 

4.26 

2.65 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.755 

.511 

1.529 

.755 

.512 

1.626 

.754 

.512 

1.467 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

.943 

2.315 

1.784 

.979 

2.364 

1.650 

1.019 

2.384 

1.725 

1.075 

2.402 

1.753 

1.109 

2.466 

1.810 

1.102 

2.452 

1.903 

(1)  Payable  in  Canada  only.         (2)  Government  of  Canada  3%  due  Sept.  1,  1961-66.         (3)   United  Kingdom  3%  due  Apr.  15,  1959-69. 
(4)   U.S.  Treasury  2}4%  due  Dec.  15,  1963-68;  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


VI— BUSINESS  ACTIVITY 

Dominion  Bureau  of  Statistics 


] 

Production 

Res- 
idential 
Con- 

Car 

Value 
of 

Employ- 
ment 
Index 

Aggregate 
Payrolls 

Index 

News- 

Central 

struction 

Loadings 

Department 

(4) 

(4) 

Gold 

Nickel 

Steel 

print 
(i) 

Electric 
Stations(2) 

Contracts 
Awarded (3) 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions 

Millions 

Fine  Ounces 

Short  Tons 

Short  Tons 

Short  Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939  =  100 

1939-100 

AnnualTotals(5) 

1932 

3,044 

15 

380 

2,186 

12,296 

29 

2,180 

254 

(6) 

(6) 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

(6) 

(6) 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

873 

168.0 

321.8 

1951 

4,364 

138 

3,567 

5,516 

51,916 

437 

4,183 

902 

180.2 

381.3 

12-mths.  ending 

July  1952 

4,363 

140 

3,676 

5,625 

53,838 

447 

4,160 

918 

182.4 

408.4 

Monthly 

1951— June 

362.6 

11.9 

293.5 

464.3 

4,243 

50.3 

370 

69.5 

180.3 

379.0 

July 

344.4 

11.8 

274.6 

452.5 

4,206 

43.8 

350 

54.5 

183.6 

392.5 

Aug. 

345.1 

12.3 

286.8 

484.6 

4,317 

35.2 

363 

61.5 

184.3 

394.0 

Sept. 

359.0 

11.7 

268.2 

431.1 

4,149 

30.0 

350 

72.4 

185.4 

400.2 

Oct. 

378.4 

11.8 

309.4 

492.5 

4,512 

29.2 

390 

81.3 

186.5 

410.0 

Nov. 

372.4 

11.6 

307.1 

471.7 

4,473 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

376.0 

11.4 

296.5 

435.3 

4,626 

26.9 

315 

119.8 

186.6 

416.7 

1952— Jan. 

354.6 

11.8 

317.0 

470.5 

4,784 

20.0 

333 

55.2 

181.0 

388.8 

Feb. 

352.7 

10.7 

305.9 

457.8 

4,500 

17.8 

316 

60.2 

177.8 

402.9 

Mar. 

364.7 

12.3 

339.4 

476.5 

4,702 

30.2 

331 

70.2 

178.0 

409.0 

Apr. 

363.1 

12.3 

316.6 

471.2 

4,475 

42.9 

326 

75.1 

177.9 

411.5 

May 

365.9 

11.3 

330.5 

496.0 

4,596 

42.6 

358 

83.7 

177.4 

410.6 

June 

356.4 

12.5 

305.5 

451.9 

4,346 

61.0 

347 

77.1 

182.5 

420.3 

July 

374.6 

10.4 

293.4 

485.5 

4,358 

64.7 

364 

59.8 

184.5 

423.5 

(1)    Source:  Newsprint  Association  of  Canada.     Includes  Newfoundland.  (2)  Total  output  less  exports  and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.         (3)   Source:  McLean  Building  Reports,  Ltd.  (4)  9  Leading  industries.       First  of  month  figures.  (5)  Average  of 

months  in  case  of  Employment  and  Payrolls  Indexes.  (6)   Not  available. 


129 


AUGUST  1952 


Index  1935-39  =  100 


VII— COST  OF  LIVING 

Dominion  Bureau  of  Statistics 


(i) 


Total 
Index 

Food 

Clothing 

Rent 

Fuel  and 
Lighting 

Home 
Furnishings 
and  Services 

Miscellaneous 

Weighting 

100 

31 

12 

19 

6 

9 

23 

Average  of  Months 

1926 

121.8 

133.3 

139.1 

115.9 

116.8 

106, 

1939 

101.5 

100.6 

100.7 

103.8 

101.2 

101.4 

101.4 

1946 

123.6 

140.4 

126.3 

112.7 

107.4 

124.5 

112.6 

1947 

135.5 

159.5 

143.9 

116.7 

115.9 

141.6 

117.0 

1948 

155.0 

195.5 

174.4 

120.7 

124.8 

162.6 

123.4 

1949 

160.8 

203.0 

183.1 

123.0 

131.1 

167.6 

128.8 

1950 

166.5 

210.9 

182.3 

132.9 

138.3 

169.2 

132.6 

1951 

184.5 

241.1 

203.1 

140.0 

147.1 

194.4 

141.3 

First  of  Month 

1951— Feb. 

175.2 

224.4 

192.4 

136.4 

141.7 

185.1 

137.0 

Mar. 

179.7 

233.9 

196.3 

137.6 

146.5 

188.6 

137.8 

Apr. 

181.8 

238.4 

198.8 

137.6 

146.7 

190.7 

138.8 

May 

182.0 

235.4 

201.5 

137.6 

146.2 

194.9 

140.7 

June 

184.1 

239.8 

202.5 

139.8 

146.2 

197.1 

141.0 

July 

187.6 

249.7 

202.9 

139.8 

147.2 

197.4 

142.2 

Aug. 

188.9 

251.4 

204.6 

139.8 

148.2 

199.0 

143.7 

Sept. 

189.8 

251.1 

206.9 

142.7 

149.5 

199.1 

144.0 

Oct. 

190.4 

249.7 

213.8 

142.7 

150.2 

200.1 

144.3 

Nov. 

191.2 

250.2 

214.6 

144.8 

150.8 

199.9 

144.9 

Dec. 

191.1 

249.3 

215.5 

144.8 

150.8 

200.6 

144.9 

1952— Jan. 

191.5 

250.0 

215.3 

144.8 

151.2 

201.1 

145.7 

Feb. 

190.8 

248.1 

213.0 

144.8 

151.3 

200.1 

146.5 

Mar. 

189.1 

241.7 

211.2 

146.3 

152.5 

200.8 

146.9 

Apr. 

188.7 

240.2 

210.4 

146.3 

152.5 

200.5 

147.9 

May 

186.7 

235.3 

210.1 

146.3 

150.6 

198.2 

147.4 

June 

187.3 

237.0 

209.3 

147.9 

149.8 

197.2 

147.4 

July 

188.0 

239.5 

209.1 

147.9 

149.8 

196.7 

147.4 

Aug. 

187.6 

238.0 

208.6 

147.9 

150.1 

196.0 

147.8 

(1)  Components  were  selected  and  weighted  on  the  basis  of  1938  family  incomes  ranging  from  $45O-$2,500,  with  incomes  between  $1,000-$1,600  most  common. 


VIII— WHOLESALE  PRICES 

CANADA 

Dominion  Bureau  of  Statistics 


U.S.A. 

Bureau  of  Labour  Statistics 


U.K. 

Bd.  Trade 


Aver,  of  Mths. 
1926 

1939 
1947 
1948 
1949 
1950 
1951 
Monthly 
1951— May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1952— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 


Total 
Index 


130.3 
99.2 
163.3 
193.4 
198.3 
211.2 
240.2 

241.9 
243.0 
243.7 
241.4 
240.0 
239.6 
239.1 
237.7 

236.8 
232.6 
230.8 
226.9 
224.8 
226.5 
225.5 


Farm  Products  (1) 

Raw  and 
Partly 
Manu- 
factured 

1 

Fieldf 

Animal 

Totalf 

Fully  & 
Chiefly 
Manu- 
factured 


Index  1935 -39  =  100 


158.5 

130.2 

144.4 

129.1 

83.7 

101.5 

92.6 

94.9 

184.1 

200.2 

192.2 

164.3 

200.6 

263.7 

232.1 

196.3 

191.9 

265.4 

228.7 

197.1 

191.9 

281.4 

236.7 

212.8 

193.4 

336.9 

265.1 

237.9 

194.6 

336.1 

265.3 

239.3 

192.0 

353.1 

272.6 

244.0 

195.4 

358.9 

277.1 

242.5 

178.3f 

348.3 

263 .3 1 

237.1 

181.7 

339.2 

260.5 

235.7 

188.1 

330.4 

259.3 

236.3 

201.4 

328.5 

264.9 

237.1 

204.4 

328.9 

266.7 

236.0 

208.0 

318.2 

263.1 

233.3 

205.1 

297.3 

251.2 

227.8 

213.3 

283.3 

248.3 

225.5 

217.1 

273.7 

245.4 

221.3 

223.2 

265.4 

244.3 

220.2 

227.6 

271.4 

249.5 

220.6 

213.3 

275.3 

244.3 

218.5 

133.0 
101.9 
162.4 
192.4 
199.2 
211.0 
242.4 

244.3 
243.6 
245.6 
245.0 
243.7 
242.7 
241.5 
239.8 

239.7 
236.2 
234.6 
230.7 
228.1 
230.6 
230.0 


Total 
Index 


Farm 
Products 


Pro- 
cessed 
Foods 


All  Other 

Com- 
modities 


Index  1947-49  =  100 


65.0 

50.1 

96.4 

104.4 

99.2 

103.1 

114.8 

115.9 
115.1 
114.2 
113.7 
113.4 
113.7 
113.6 
113.5 

113.0 
112.5 
112.3 
111.8 
111.6 
111.3 
111.8 


* 

* 

* 

* 

100.0 

98.2 

107.3 

106.1 

92.8 

95.7 

97.5 

99.8 

113.4 

111.4 

115.7 

112.3 

113.9 

111.3 

111.1 

110.7 

110.4 

111.2 

109.9 

110.9 

111.5 

111.6 

112.0 

111.0 

111.3 

110.7 

110.0 

110.1 

107.8 

109.5 

108.2 

109.2 

108.7 

108.0 

107.9 

108.6 

107.3 

108.7 

110.2 

110.0 

71.5 
58.1 
95.3 
103.4 
101.3 
105.0 
115.9 

116.8 
116.2 
115.7 
114.9 
114.8 
114.6 
114.5 
114.6 

114.3 
114.2 
113.8 
113.3 
113.0 
112.6 
112.6 


Total 
Index 


(2) 


124.2 
95.7 
184.1 
199.4 
189.4 
196.9 
219.3 

221.4 
219.8 
218.1 
217.2 
216.6 
217.2 
217.0 
216.8 

215.8 
214.9 
214.5 
213.5 
213.1 
212.6 
213.5 


Total 
Index 


(3) 


124.8 
103.5 
193.2 
220.9 
231.6 
264.2 
321.8 

322.0 
323.2 
322.2 
325.9 
327.5 
331.1 
330.9 
332.5 

337.3 
331.7 
335.3 
332.2 
329.9 
329.8 
329.4 


(1)  An  independent  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index".  Prices  include  subsidies.  t  Participation 
payments  are  included  from  May  to  July  1951  and  initial  payments  only,  where  applicable,  thereafter.  (2)  Adjusted  to  1935-39  =  100  from  base  1947-49  =  100. 
(3)  Adjusted  to  1935-39  =  100  from  base  1913  =  100  in  1926  and  from  base  1930  =  100  thereafter.         *  Not  available. 


AUGUST  1952 

IX— USE  OF  MAJOR  ENERGY  SOURCES0' 

Trillions  of  B.T.  U.     Compiled  from  publications  of  the  Bom.  Bureau  of  Statistics  and  Dept.  of  Mines  and  Resources 


130 


Water  Power 

Natural 
Gas<8> 

(2) 

At  1926 

(3) 
At  Yearly 

Coal<*> 

Petroleum  Fuels(7) 

Total  <»> 

Aver.  Coal 

Aver.  Coal 

Equivalent 

Equivalent 

Domestic 

(5) 
Domestic 

Imports**) 

Total 

Domestic 

Imports 

Total 

Domestic 

Domestic 

Imports 

Total 

1926 

261 

261 

393 

454 

847 

2 

107 

109 

21 

677 

561 

1,238 

1929 

388 

337 

426 

489 

915 

7 

178 

185 

31 

801 

667 

1,468 

1933 

367 

279 

294 

297 

591 

7 

154 

161 

25 

605 

451 

1,056 

1939 

574 

414 

385 

391 

776 

47 

200 

247 

38 

884 

591 

1,475 

1940 

655          456 

430 

461 

891 

52 

228 

280 

44 

982 

689 

1,671 

1941 

783 

538 

445 

500 

945 

61 

237 

298 

47 

1,091 

737 

1,828 

1942 

912 

611 

445 

616 

1,061 

62 

230 

292 

49 

1,167 

846 

2,013 

1943 

988 

661 

404 

748 

1,152 

60 

238 

298 

48 

1,173 

986 

2,159 

1944 

956 

636 

365 

724 

1,089 

61 

260 

321 

48 

1,110 

984 

2,094 

1945 

851 

571 

358 

717 

1,075 

51 

272 

323 

52 

1,032 

989 

2,021 

1946 

870 

585 

379 

670 

1,049 

46 

357 

403 

51 

1,061 

1,027 

2,088 

1947 

1,041 

695 

373 

745 

1,118 

46 

446 

492 

57 

1,171 

1,191 

2,362 

1948 

1,130 

750 

388 

778 

1,166 

63 

469 

532 

63 

1,264 

1,247 

2,511 

1949 

1,202 

768 

430 

675 

1,105 

110 

470 

580 

65 

1,373 

1,145 

2,518 

1950 

1,307 

835 

425 

670 

1,095 

150 

482 

632 

73 

1,483 

1,152 

2,635 

1951* 

1,462 

934 

428 

648 

1,076 

251 

475 

726 

79 

1,692 

1,123 

2,815 

(1) 

(2) 


(3) 


(4) 


Excludes  firewood.     Includes  Newfoundland  commencing  in  19S0.  (S) 

Output  of  central  electric  stations  generated  by  water,  less  exports,  plus 
power  generated  and  used  by  the  manufacturing  and  mining  industries. 
Primary  power  calculated  at  the  constant  1926  rate  of  1.95  lbs.  of  coal 
per  kilowatt  hour  plus  secondary  power  sold  by  central  electric  stations 
calculated  at  its  actual  b.t.u.  equivalent  of  3.415  b.t.u.  per  kilowatt  hour. 
Primary  power  is  calculated  at  the  coal  equivalent,  based  on  the  average  (6) 
efficiency  of  central  electric  stations  in  the  United  States  as  reported  by 
the  Edison  Electric  Institute.  Because  of  increased  efficiency  in  the 
utilization  of  coal  this  average  decreased  from  the  equivalent  of  1.95  lbs.  (7) 
of  coal  per  kilowatt  hour  in  1926  to  1.24  lbs.  in  1951.  Secondary  power 
sold  by  central  electric  stations  is  calculated  at  its  actual  b.t.u.  per  kilo- 
watt hour. 

Includes  anthracite  coal,   bituminous  coal,  sub-bituminous  coal,  lignite         (8) 
coal  and  imported  coke.     The  unit  heat  values  employed  are:  anthracite, 
26,400.000  b.t.u.  per  ton:  bituminous,  26,200,000  b.t.u.  per  ton:  sub-bitu-         (9) 
minous  and  lignite,  20,000,000  b.t.u.  per  ton:  coke,  20,000,000  b.t.u.  per  ton.  * 


For  the  years  1941  to  1949  inclusive,  sum  of  sales  by  retail  dealers,  con- 
sumption by  industry,  railways  and  by  coke  and  gas  plants  plus  the 
amount  used  by  the  colleries  and  supplied  to  employees.  For  earlier  years, 
the  sum  of  sales  by  Canadian  coal  mines,  colliery  consumption,  coal  sup- 
plied to  employees  and  coal  used  in  making  coke,  etc.,  less  tonnage  bunk- 
ered and  exported. 

For  years  1941  to  1949  inclusive,  sum  of  sales  by  retail  dealers,  consumption 
by  industry  and  by  railways:  for  earlier  years  imports  for  consumption 
excluding  foreign  coal  re-exported  and  bunkered. 

The  coal  equivalent  of  the  sum  of  gasoline,  fuel  and  gas  oils  and  kerosene 
estimated  by  the  D.B.S.  and  converted  to  b.t.u.'s  on  the  basis  of  1  ton  of 
coal  equals  26,000,000  b.t.u.,  plus  petroleum  coke  consumed  as  fuel 
calculated  at  the  rate  of  30,000,000  b.t.u.  per  ton. 

Sales  and  consumption  by  producers.  The  unit  heat  value  employed  is 
1,075  b.t.u.  per  cubic  foot. 

Including  water  power  calculated  at  the  yearly  average  coal  equivalent. 
Preliminary. 


TOTAL  USE  OF  ENERGY  BY   SOURCE 

TRILLION  OF  B.T.U. 

3000 


2400 


USE   OF    MAJOR    ENERGY    SOURCES0' 

PERCENTAGE   DISTRIBUTION 


PERCENT 

r~— — — •      '■■■- "  ■-■y« y^.::".T? 1 00 


ATURAL    CAS  < 


Jlfej  H  U.11LLL 


;:::!:   :i: 


1926 


1934 


1943 


1926 


1934 


25 


m0 

1951 


(1)  See  footnotes  to  table  above. 


131 


AUGUST  1952 


AUGUST  1952 


132 


X— SELECTED  PETROLEUM  STATISTICS 

Compiled, from  Dominion  Bureau  of  Statistics'  publications  except  where  otherwise  noted. 
SUMMARY 


Western  Canada 

Canadian  Crude 
Oil  Production 

Apparent  Canadian 
Consumption 

Refining  Industry 

Selected  Users  of  Petroleum  Products 

Producing 
Wells  at 

Beginning 
of  Year 

Wells  Drilled 
During  Year 

Volume 

Ratio  to 
World 

Volume 

Portion  from 

Canadian 

Wells 

Crude  Oil  Capacity 

Total 
Crude 

Motor 
Vehicle 

Oil- 
Using 

Oil- 
Heated 

Quebec  & 

Prairies 

British 

Total 

Productive 

Dry 

Production 

Maritimes 

&  N.W.T. 

Columbia 

Canada 

Throughput 

Registrations 

Locomotives"' 

Homes 

Number 

Number 

No. 

Thous.  bbls.  per  day 

% 

Thous.  bbls.  per  day 

% 

1  housands  of  barrels;  daily  rate 

Thousands 

Number 

Thousands 

1939 

* 

36 

13 

21 

0.4 

* 

* 

97 

,         44 
78 

36 

23 

200 

* 

1,439 

* 

« 

1939 

1946 

540 

67 

51 

21 

0.3 

222 

9.4 

105 

41 

22 

246 

195 

1,622 

* 

* 

1946 

1947 

593 

130 

25 

21 

0.3 

263 

8.1 

107 

1         88 

45 

22 

262 

210 

1,836 

352 

388 

1947 

1948 

658 

304 

79 

34 

0.4 

288 

11.8 

132 

2? 

68 

26 

315 

239 

2,035 

437 

* 

1948 

1949 

941 

532 

107 

59 

0.6 

320 

18.4 

146 

1         84 

78 

26 

334 

263 

2,291 

700 

* 

1949 

1950 

1,445 

790 

127 

80 

0.8 

367 

21.8 

165 

75 

90 

29 

359 

298 

2,600 

877 

633 

1950 

1951 

2,099 

825" 

* 

132 

1.1 

422 

31.3 

173** 

80** 

123** 

29** 

405** 

349 

2,851 

1,030 

777 

1951 

**  Estimated. 


(1)  C.N.R.  and  C.P.R.  only,  from  Board  of  Transport  Commissioners. 


Thousands  of  barrels;  daily  rate 

CANADIAN  CRUDE  OIL  PRODUCTION™ 

Redwater 

Leduc 

Turner 
Valley 

Lloydminster 
Alta. 

Other 
Alta. 

Total 
Alta. 

Sask. 

All 
Other!2' 

Total 
Canada 

1939 

_ 

_ 

20 

_ 

_ 

20 

_ 

1 

21 

1946 

_ 

— * 

18 

- 

2 

20 

- 

1 

21 

1947 

_ 

1 

15 

1 

2 

19 

1 

1 

21 

1948 

- 

13 

13 

2 

2 

30 

2 

2 

34 

1949 

13 

27 

12 

2 

2 

56 

2 

1 

59 

1950 

30 

29 

10 

2 

5 

76 

3 

1 

80 

1951 

64 

38 

9 

2 

14 

127 

4 

1 

132 

(1)  Includes  natural  gasoline. 

(2)  Includes  N.W.T.,  Man.,  Ont.,  N.B. 


Thousands 

of  barrels;  daily 

'ale 

SOURCE  OF  PETROLEUM  USED  IN  CANADA 

Crude  Oil  Received  by  Canadian  Refineries 

Domestic 

Product 

Production'1' 

Increase 

in 

Inventories"' 

Net  Imports 

of 
All  Products 

Foreign 

Domestic 

Total 

Apparent 
Consumption'8' 

U.S. 

Venezuela 

Middle  East 

Other 

Total 

1946 

101 

60 

_ 

12 

173 

19 

192 

204 

4 

22 

222 

1947 

107 

76 

- 

8 

191 

19 

210 

222 

6 

47 

263 

1948 

91 

103 

11 

7 

212 

33 

245 

244 

9 

53 

288 

1949 

81 

94 

25 

7 

207 

56 

263 

269 

2 

49 

320 

1950 

86 

83 

49 

6 

224 

72 

296 

304 

8 

71 

367 

1951 

58 

124 

37 

9 

228 

129 

357 

357 

14 

79 

422 

(1)  Includes  crude  received  by  Canadian  refiners,  plus  (minus)  any  decrease  (increase)  in  refiners'  inventories  of  crude,  other  petroleum  products  used  by  refiners, 
an  estimate  of  crude  used  by  pipe  lines  and  producers,  plus  (minus)  any  decrease  (increase)  in  inventories  of  semi-finished  products. 

(2)  Refinery  imports  for  all  products  and  marketing  inventories  for  fuels  only.         (3)    For  additional  description  see  following  table. 


REGIONAL  CONSUMPTION  AND  REFINERY  SHIPMENTS  OF  PETROLEUM  FUELS*" 

Thousands  of  barrels;  daily  rate 


Maritimes  &  Quebec'2' 

Ontario 

Prairie  Prov.  &  N.W.T. 

British  Columbia 

Apparent 

Refinery 

Surplus 

Apparent 

Refinery 

Surplus 

Apparent 

Refinery 

Surplus 

Apparent 

Refinery 

Surplus 

Consump- 

Ship- 

or 

Consump- 

Ship- 

or 

Consump- 

Ship- 

or 

Consump- 

Ship- 

or 

tion 

ments 

Deficit"' 

tion 

ments 

Deficit™ 

tion 

ments 

Deficit'" 

tion 

ments 

Deficit^ 

1946 

56.4 

63.2 

6.8 

57.5 

50.8 

6.7 

38.8 

34.5 

4.3 

25.6 

15.2 

10.4 

1947 

71.1 

67.9 

3.2 

70.5 

58.0 

12.5 

43.0 

35.3 

7.7 

30.8 

16.7 

14.1 

1948 

78.8 

74.2 

4.6 

75.3 

60.3 

15.0 

48.9 

40.9 

8.0 

34.5 

18.9 

15.6 

1949 

86.9 

94.4 

7.5 

80.7 

62.1 

18.6 

58.0 

51.1 

6.9 

33.9 

19.3 

14.6 

1950 

99.6 

111.8 

12.2 

95.1 

56.1 

39.0 

66.3 

63.9 

2.4 

38.5 

20.2 

18.3 

1951 

114.5 

134.6 

20.1 

108.8 

57.4 

51.4 

77.3 

78.3 

1.0 

42.4 

20.6 

21.8 

(1)  The  total  of  apparent  consumption  by  regions  falls  short  of  total  Canadian  use  of  fuels  by  the  amount  of  imports  of  fuels  other  than  by  major  producers  and 
importers.   For  such  imports  no  regional  distribution  is  available. 

(2)  Includes  Newfoundland  beginning  with  1949. 

(3)  Offset  by  inter-regional  movements  and  changes  in  marketing  inventories. 


Thousands  of  barrels;  daily  rate 


USE  OF  PETROLEUM  IN  CANADA 


1946 
1947 
1948 

1949 
1950 
1951 


Aviation 
&  Motor 
Gasoline 


91 
102 
115 

130 
142 
157 


Tractor 

Fuel& 

Kerosene 


Diesel 
Fuel 


Fuel  Oil* 


No.  1  I  No.  2,  3      No.  4,  5,  6 


57 
62 


21 
23 

26 


15 
21 

24 


28 
39 
50 


47 
56 


78 
94 


Total 
Fuels"' 


178 
215 
238 

266 
309 
355 


Lubricating 
Oil'2' 


All  Other 
Products'3' 


17 
20 
21 

23 
25 

29 


Used  by 

Petroleum 

Industry'4' 


22 
22 
23 

25 

26 
30 


Apparent 
Consumption 


222 
263 
288 

320 
367 
422 


•      Note-  In  1050  aliout  90  per  cent  of  fuel  oil  nos.  1,  2  &  1  was  used  for  the  hMtine  of  homes  and  oilier  buildings,  while  furl  oil  nos.  4,  5  &  I,  was  used  us  follows: 

industrial  purposes  45  per  cent,  railways  25  per  cent,  ships  20  per  cent  and  space-heating  10  per  cent. 
(1)    Deliveries  to  retailers  and  industrial  users.  (2)    Refinery  shipments  plus  net  imports. 

(3)  Includes  consumption  of  naphtha  specialties,  and  refinery  shipments  and  imports  of  other  non-fuel  petroleum  products. 

(4)  Principally  refinery  fuel  consumption.      Also  includes  refinery  losses  and  crude  used  by  producers  and  pipe  lines. 


WORLD  CRUDE  qiL  PRODUCTION 


Tlwusands 

of  barrels;  daily  rate 

U.S.  Bureau  of  Mines 

Western  Hemisphere 

Eastern  Hemisphere 

World 
Total 

U.S. 

Venezuela 

Mexico 

Canada 

Colombia 

Argentina 

Trinidad 

Other 

Total 

U.S.S.R. 

Iran 

Saudi  Arabia 

Iraq 

Kuwait 

Indonesia 

Other 

Total 

1911 

604 

_ 

32 

8 

644 

181 

33 

85 

299 

943 

1911 

1921 

1,294 

4 

530 

_ 

_ 

6 

6 

10 

1  850 

79 

46 

_ 

46 

78 

249 

2,099 

1921 

1931 

2,332 

319 

91 

4 

50 

32 

27 

32 

2,887 
4,384 
6,185 

446 

122 

2 

_ 

97 

209 

876 

3,763 

1931 

1939 

3,466 

566 

118 

21 

65 

51 

53 

44 

594 

214 

11 

84 

_ 

170 

259 

1,332 

5,716 

1939 

1946 

4,751 

1,064 

135 

21 

61 

56 

55 

42 

432- 

402 

164 

98 

16 

6 

219 

1,337 

7,522 

1946 

1947 

5,088 

1,192 

154 

21 

68 

60 

56 

43 

6,682 

514 

425 

246 

98 

44 

22 

248 

1,597 

8,279 

1947 

1948 

5,520 

1,339 

160 

34 

65 

65 

55 

47 

7,285 

596 

520 

390 

71 

126 

87 

295 

2,085 

9,370 

1948 

1949 

5,046 

1,321 

167 

59 

81 

63 

56 

52 

6,845 
7,446 

639 

561 

477 

85 

246 

123 

338 

2,469 

9,314 

1949 

1950 

5,402 

1,498 

198 

80 

93 

64 

57 

54 

729 

664 

547 

137 

344 

137 

398 

2,956 

10,402 

1950 

1951* 

6,149 

1,705 

210 

132 

106 

70 

56 

58 

8,486 

752 

339 

757 

167 

558 

151 

452 

3,176 

11,662 

1951* 

*  Estimates  ] 

rom  "World  Oil 

February  15,  19 

52. 

133 


AUGUST  1952 


XI— GRAINS  :  ACREAGE  AND  PRODUCTION 

Dominion  Bureau  of  Statistics 


WHEAT 


mm.  bus.  mm.  acres 


OATS 


mm.  bus.  mm.  acres 


BARLEY 


mm.  bus.  mm.  acres 


RYE 


mm.  bus.  mm.  acres 


FLAXSEED 


mm.  bus.   mm.  acres 


(1) 
OTHER  GRAINS 


mm.  bus.  mm.  acres 


(2) 

SUMMER 
FALLOW 


mm. acres 


mm. acres 


TOTAL 

CANADA(3) 

1942 

556.7 

21.6 

652.0 

13.8 

259.2 

7.0 

24.7 

1.3 

15.0 

1.5 

88.2 

2.3 

20.0 

67.4 

1943 

284.5 

16.9 

482.0 

15.4 

215.6 

8.4 

7.1 

.6 

17.9 

2.9 

49.7 

2.0 

20.6 

66.8 

1944 

416.6 

23.3 

499.6 

14.3 

194.7 

7.3 

8.5 

.6 

9.7 

1.3 

74.7 

2.0 

19.4 

68.3 

1945 

318.5 

23.4 

381.6 

14.4 

157.8 

7.4 

5.9 

.5 

7.6 

1.1 

62.5 

2.0 

19.9 

68.5 

1946 

413.7 

24.5 

371.1 

12.1 

148.9 

6.3 

8.8 

.7 

6.4 

.8 

68.6 

1.8 

20.4 

66.6 

1947 

341.8 

24.3 

278.7 

11.0 

141.4 

7.5 

13.2 

1.2 

12.3 

1.6 

46.8 

1.6 

19.4 

66.6 

1948 

386.3 

23.9 

358.8 

11.2 

155.0 

6.5 

25.3 

2.1 

17:7 

1.9 

78.4 

2.0 

20.0 

67.5 

1949 

371.4 

27.6 

317.9 

11.4 

120.4 

6.0 

10.0 

1.2 

2.3 

.3 

73.1 

2.1 

21.0 

69.6 

1950 

461.7 

27.0 

419.9 

11.6 

171.4 

6.6 

13.3 

1.2 

4.5 

.5 

92.0 

2.1 

21.0 

70.1 

1951f 

552.7 

25.3 

488.2 

11.9 

245.2 

7.8 

17.6 

1.1 

9.9 

1.2 

87.4 

2.0 

21.6 

70.8 

1952** 

675.1 

26.0 

474.2 

11.1 

294.6 

8.5 

24.5 

1.3 

13.1 

1.2 

84.2 

2.0 

21.2 

71.3 

MANITOBA 


1942 

53.0 

1.9 

70.0 

1.5 

74.0 

2.0 

3.6 

.2 

2.0 

.2 

2.3 

.1 

2.4 

8.3 

1943 

39.0 

1.6 

63.0 

1.6 

68.0 

2.3 

.8 

.1 

2.8 

.3 

2.2 

.1 

2.3 

8.4 

1944 

50.3 

2.5 

61.0 

1.6 

54.7 

2.1 

.6 

- 

1.8 

.2 

1.9 

.1 

1.8 

8.4 

1945 

38.8 

2.1 

54.5 

1.7 

52.5 

2.1 

.4 

- 

2.8 

.3 

1.3 

.1 

2.5 

8.8 

1946 

58.0 

2.5 

50.0 

1.4 

43.0 

1.7 

.3 

- 

3.0 

.3 

.8 

- 

2.6 

8.6 

1947 

42.0 

2.5 

39.0 

1.4 

34.0 

1.9 

.6 

- 

5.2 

.6 

.6 

- 

2.2 

8.6 

1948 

50.0 

2.2 

60.0 

1.5 

45.0 

1.5 

2.0 

.1 

9.0 

1.0 

.7 

- 

2.1 

8.4 

1949 

52.0 

2.9 

53.0 

1.7 

40.0 

1.7 

.8 

- 

1.1 

.1 

1.0 

- 

2.2 

8.7 

1950 

50.0 

2.4 

70.0 

1.6 

55.0 

1.7 

1.3 

.1 

2.9 

.3 

1.2 

.1 

2.6 

8.7 

1951t 

52.0 

2.3 

58.0 

1.6 

56.0 

2.0 

.8 

.1 

5.0 

.7 

1.4 

.1 

2.5 

9.3 

1952** 

58.0 

2.4 

65.0 

1.6 

70.0 

2.2 

.9 

.1 

5.7 

.6 

2.0 

.1 

2.7 

9.5 

SASKATCHEWAN 


1942 

305.0 

12.4 

255.0 

4.9 

92.0 

2.5 

15.0 

.8 

10.5 

1.1 

2.5 

.1 

11.7 

33.4 

1943 

146.0 

9.6 

200.0 

6.5 

80.0 

3.3 

3.8 

.3 

11.5 

2.1 

1.9 

.1 

12.0 

33.9 

1944 

242.1 

13.2 

198.0 

5.6 

72.0 

2.7 

4.8 

.4 

6.4 

.9 

3.8 

.1 

11.6 

34.6 

1945 

168.1 

13.6 

143.0 

5.7 

54.5 

2.7 

2.6 

.3 

3.8 

.7 

1.4 

.1 

11.7 

34.7 

1946 

208.0 

14.2 

1 00.0 

4.3 

43.0 

2.3 

4.0 

.4 

2.6 

.5 

.2 

- 

11.8 

33.6 

1947 

173.0 

14.2 

80.0 

4.0 

45.0 

2.8 

6.8 

.7 

4.2 

.7 

- 

11.5 

33.9 

1948 

191.0 

14.4 

89.0 

3.7 

42.0 

2.3 

10.5 

1.2 

4.7 

.6 

- 

11.7 

33.9 

1949 

186.0 

15.7 

85.0 

3.4 

33.0 

1.8 

4.4 

.7 

.7 

.1 

- 

12.7 

34.4 

1950 

260.0 

16.2 

112.0 

3.4 

46.0 

2.0 

6.2 

.7 

1.0 

.2 

- 

12.5 

34.9 

1951f 

325.0 

15.6 

148.0 

3.8 

73.0 

2.4 

9.8 

.7 

2.3 

.3 

1.1 

- 

12.9 

35.8 

1952** 

417.0 

16.4 

152.0 

3.4 

90.0 

2.6 

14.0 

.7 

4.3 

.4 

.8 

— 

12.4 

36.0 

ALBERTA 


1942 

171.0 

6.4 

175.0 

3.3 

75.0 

1.9 

4.4 

.2 

2.2 

.2 

2.7 

.1 

5.9 

17.9 

1943 

82.8 

4.8 

129.0 

3.7 

56.0 

2.2 

1.2 

.1 

3.3 

.6 

2.2 

.1 

6.3 

17.8 

1944 

99.3 

6.7 

111.8 

3.2 

51.7 

1.9 

1.7 

.1 

1.2 

.2 

1.6 

.1 

6.0 

18.2 

1945 

87.7 

6.8 

76.0 

3.3 

37.0 

2.0 

1.5 

.1 

.7 

.1 

1.4 

.1 

5.7 

18.2 

1946 

127.0 

7.0 

97.0 

2.8 

48.0 

1.8 

2.9 

.2 

.6 

.1 

.7 

- 

6.0 

17.8 

1947 

105.0 

6.6 

75.0 

2.5 

52.0 

2.4 

4.3 

.3 

2.2 

.3 

.4 

- 

5.8 

17.9 

1948 

115.0 

6.3 

75.0 

2.4 

55.0 

2.2 

9.9 

.6 

3.1 

.3 

1.1 

- 

6.2 

18.0 

1949 

103.0 

7.9 

52.0 

2.3 

36.0 

2.1 

2.4 

.3 

.3 

- 

.7 

- 

6.1 

18.9 

1950 

117.0 

7.3 

72.0 

2.5 

56.0 

2.5 

3.7 

.3 

.4 

- 

1.1 

- 

6.0 

18.6 

1951f 

152.0 

6.4 

134.0 

2.9 

105.0 

3.0 

5.3 

.3 

1.6 

.1 

3.2 

.1 

6.2 

19.0 

1952** 

176.0 

6.4 

133.0 

2.6 

124.0 

3.3 

8.0 

.4 

2.1 

.2 

3.0 

.1 

6.1 

19.1 

OTHER  PROVINCES3' 


1942 

27.7 

.9 

152.0 

4.1 

18.2 

.6 

1.7 

.3 

80.8 

2.0 

* 

7.7 

1943 

16.7 

.8 

90.0 

3.6 

11.6 

.5 

1.3 

.3 

- 

43.4 

1.7 

* 

6.7 

1944 

24.9 

.8 

128.8 

3.9 

16.3 

.5 

1.4 

.3 

- 

67.4 

1.8 

* 

7.2 

1945 

23.9 

.8 

108.1 

3.6 

13.8 

.5 

1.4 

.3 

- 

58.5 

1.8 

* 

6.8 

1946 

20.7 

.7 

124.1 

3.6 

14.9 

•     .5 

1.5 

.2 

- 

66.9 

1.7 

* 

6.6 

1947 

21.8 

.9 

84.7 

3.2 

10.4 

.4 

1.6 

.7 

.1 

45.7 

1.6 

* 

6.2 

1948 

30.3 

1.1 

134.8 

3.7 

13.0 

.4 

3.0 

.9 

.1 

76.5 

1.9 

* 

7.3 

1949 

30.4 

1.1 

127.9 

4.1 

11.4 

.4 

2.5 

.2 

- 

71.3 

2.0 

* 

7.7 

1950 

34.7 

1.2 

165.9 

4.1 

14.4 

.4 

2.1 

.4 

- 

89.6 

2.0 

* 

7.9 

1951t 

23.7 

.9 

148.2 

3.4 

11.2 

.3 

1.7 

1.0 

.1 

81.8 

1.8 

* 

6.7 

1952** 

24.1 

.8 

124.2 

3.5 

10.6 

.3 

2.5 

1.0 

.1 

78.5 

1.9 

* 

6.6 

(1)   Buckwheat,  mixed  grains  and  shelled  corn.     (2)   Prairie  Provinces.     (3)   Excludes  Newfoundland.     *  Not  available,     t  Revised  estimate.     **Preliminary. 


AUGUST  1952 


134 


Millions  of  Bushels 


XII— CANADIAN  WHEAT  :  STATISTICAL  POSITION 

Compiled  from  "Grain  Trade  of  Canada"  and  the  "Monthly  Review  of  the  Wheat  Situation" 


Supplies 

Beginning  of  Period 

Apparent 
Domestic 
Dis- 
appearance 

Available 
for 

Export 
and 

Carry- 
over 

Exports  w 
of  Wheat 
and 
Flour 

Crop  Year 
Beginning 
August  1 

Grain 

in 
Canada 

Canadian 
Grain  in 

U.S.A. 

Ports 

Total 
Carry- 
over 

Crop 

Total 
Supplies 

End  of 
Period 
Stocks 

1931/32 

133 

6 

139 

321 

460 

117 

343 

207 

136 

1932/33 

130 

6 

136 

443 

579 

97 

482 

264 

218 

1933/34 

210 

8 

218 

282 

500 

102 

398 

195 

203 

1934/35 

193 

10 

203 

276 

479 

99 

380 

166 

214 

1935/36 

202 

12 

214 

282 

496 

115 

381 

254 

127 

1936/37 

108 

19 

127 

219 

347 

100 

247 

210 

37 

1937/38 

33 

4 

37 

180 

217 

96W 

121 

96 

25 

1938/39 

24 

1 

25 

360 

385 

122 

263 

160 

103 

1939/40 

95 

8 

103 

521 

624 

131 

493 

193 

300 

1940/41 

273 

28 

301 

540 

841 

130 

711 

231 

480 

1941/42 

448 

32 

480 

315 

795 

145 

650 

226 

424 

1942/43 

405 

19 

424 

557 

981 

171 

810 

215 

595 

1943/44 

579 

15 

595 

285 

879 

179 

700 

344 

357 

1944/45 

338 

18 

357 

417 

773 

172 

601 

343 

258 

1945/46 

238 

20 

258 

319 

577 

160 

417 

343 

74 

1946/47 

74 

- 

74 

414 

487 

162 

325 

239 

86 

1947/48 

86 

- 

86 

342 

428 

155 

273 

195 

78 

1948/49 

78 

- 

78 

386 

464 

130 

334 

232 

102 

1949/50 

102 

- 

102 

371 

474 

137 

337 

225 

112 

1950/51 

112 

- 

112 

462 

574 

144 

430 

241 

189 

1951/52 

187 

2 

189 

553 

742 

172 

570 

357  w 

213 

1952/53 

211 

2 

213 

675  «> 

888 

(1)  Canadian  Customs  figures  adjusted  for  changes  in  stocks  of  Canadian  wheat  in  U.S.A.  Lake  and  Seaboard  Ports  until  1935/36;  after  that  year  Board  of  Grain 
Commissioners'  clearances.      (2)  Exclusive  of  consumption  of  5.7  mm.  bushels  imported  from  the  United  States.      (3)  Preliminary.    (4)  Estimate.  D.B.S.,  Sept.  16. 


GRAINS  :   ACREAGE   AND    PRODUCTION' 


WHEAT 


MM   BUSHELS 


MM    ACRES 


BARLEY 


MM.  BUSHELS 


MM   ACRES 


MM    ACRES 


OATS 


MM    BUSHELS 


30 


20 


10 


1 

- 

n 

(MM.  8USHELS> 

r-  ACREAGE 

i mm  ACRES) 

r 

r 

r 

" 

r 

" 

1 

' 

' 

i 

1 

" 

" 

" 

■ 

■■-,- 

600 


400 


F  -200 


1938 


40 


42 


46 


48 


50 


52 


600  f 


400 


200 


PERCENTAGE  DISTRIBUTION  OF  TOTAL  PRODUCTION 

PERCENT  PERCENT 

I00t»» 


1938 


*     Figures  for  1952  are  preliminary. 
(1)    Buckwheat,  mixed  grains  and  shelled  corn. 


135 


AUGUST  1952 


XIII-AVERAGE  HOURLY  &  WEEKLY  EARNINGS  &  HOURS  WORKED  IN  MANUFACTURING0 

HOURLY-RATED  WAGE-EARNERS 

Dominion  Bureau  of  Statistics 


AVERAGE 

HOURLY  EARNINGS(2) 

AVERAGE  HOURS  WORKED 

AVERAGE 

WEEKLY  EARNINGS*2' 

Cents 

Dollars 

All  Manu- 

Durable 

Non-Durable 

All  Manu- 

Durable 

Non-Durable 

All  Manu- 

Durable 

Non-Durable 

factures 

Goods 

Goods 

factures 

Goods 

Goods 

factures 

Goods 

Goods 

Average  of  Months 

1945 

69.4 

76.7 

60.7 

44.3 

44.7 

43.7 

30.74 

34.28 

26.53 

1946 

70.0 

76.4 

63.8 

42.7 

42.8 

42.6 

29.87 

32.70 

27.18 

1947 

80.3 

87.2 

73.4 

42.5 

42.7 

42.3 

34.13 

37.23 

31.05 

1948 

91.3 

98.4 

84.0 

42.2 

42.3 

42.0 

38.53 

41.62 

35.28 

1949 

98.6 

106.5 

90.6 

42.3 

42.5 

42.0 

41.71 

45.26 

38.05 

1950 

103.6 

112.0 

95.2 

42.3 

42.5 

42.2 

43.82 

47.60 

40.17 

1951 

116.8 

125.8 

107.2 

41.8 

42.0 

41.7 

48.82 

52.84 

44.70 

1st  of  MonthO) 

1951— Feb. 

110.4 

119.0 

101.2 

42.9 

43.1 

42.6 

47.36 

51.29 

43.11 

Mar. 

111.4 

119.9 

102.3 

42.3 

42.5 

42.2 

47.12 

50.96 

43.17 

Apr. 

112.8 

121.6 

103.4 

42.2 

42.3 

42.1 

47.60 

51.44 

43.53 

May 

114.1 

122.9 

104.6 

42.5 

42.6 

42.5 

48.49 

52.36 

44.46 

June 

115.9 

123.8 

107.2 

41.9 

42.1 

41.6 

48.56 

52.12 

44.60 

July 

118.4 

127.0 

109.1 

41.7 

42.0 

41.4 

49.37 

53.34 

45.17 

Aug. 

119.1 

128.2 

109.4 

41.4 

41.4 

41.3 

49.31 

53.07 

45.18 

Sept. 

120.6 

130.0 

110.6 

41.5 

41.7 

41.4 

50.05 

54.21 

45.79 

Oct. 

121.9 

132.1 

111.2 

41.9 

42.0 

41.8 

51.08 

55.48 

46.48 

Nov. 

123.5 

133.3 

113.0 

41.8 

42.1 

41.5 

51.62 

56.12 

46.90 

Dec. 

124.5 

134.6 

113.5 

41.9 

42.2 

41.6 

52.17 

56.80 

47.22 

1952— Jan. 

127.1 

136.4 

116.8 

38.1 

38.3 

37.9 

48.43 

52.24 

44.27 

Feb. 

127.1 

137.5 

115.7 

41.6 

41.9 

41.2 

52.87 

57.61 

47.67 

Mar. 

127.8 

138.4 

116.0 

41.7 

41.8 

41.5 

53.29 

57.85 

48.14 

Apr. 

129.0 

139.6 

116.9 

42.1 

42.3 

41.8 

54.31 

59.05 

48.86 

May 

129.4 

139.5 

117.8 

41.9 

42.1 

41.6 

54.22 

58.73 

49.00 

June 

129.7 

139.6 

118.4 

41.4 

41.4 

41.3 

53.70 

57.79 

48.90 

(1)  Covers  establishments  usually  employing  not  less  than  15  persons  and  includes  overtime  and  part-time  workers. 

(2)  Gross  earnings  before  deductions  for  taxes,  unemployment  insurance,  etc. 

(3)  As  reported  for  last  week  of  the  previous  month. 


AVERAGE    HOURLY   AND    WEEKLY    EARNINGS    IN    MANUFACTURING 


(i) 


DOLLARS   PER  HOUR 

.50 


DOLLARS  PER  WEEK 

60 


(i) 

(2) 
(3) 


J 
1950 

Hourly-rated  wage-earners. 

1st  of  month  figures  for  the  last  week  of  the  previous  month.     So  far  as  weekly  wages  are  concerned,  Jan.  1st  figures  are  affected  by  loss  of 
working  time  during  the  holiday  season  and  the  average  of  Dec.  1st  and  Feb.  1st  has  been  used. 
Current  dollars  divided  by  D.B.S.  cost  of  living  index  on  base  1949  =  100. 


AUGUST  1952 


136 


XIV— MERCHANDISE  IMPORTS  :  COMMODITY  CLASSIFICATION  BY  VOLUME(1) 

Compiled  from  "Trade  of  Canada — Imports" ,  Dominion  Bureau  of  Statistics 


Cotton 

Cotton 

Wool 

Wool 

(yarns, 

fabrics 

and 

worsteds) 

Bananas 

Oranges 

Fresh 

Vegetables 

Sugar 

Coffee 

Tea 

Cocoa 

Distilled 
Beverages 

(raw  and 
unmanu- 

(thread, 
yarns  and 

(raw  and 
unmanu- 

factured) 

fabrics) 

factured) 

Thous.  cwt. 

Thous.cu.ft 

mm.  lbs. 

Thous.  cwt. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

Thous.  gals. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

Calendar  Years 

1929 

3,944 

* 

* 

9,510 

28 

39 

25 

2,526 

151 

* 

19 

* 

1932 

3,098 

4,341 

131 

8,684 

31 

40 

20 

929 

107 

18 

18 

9 

1937 

3,528 

5,023 

213 

9,297 

38 

40 

27 

1,309 

171 

28 

37 

14 

1947 

3,649 

10,654 

388 

10,143 

51 

47 

34 

2,527 

205 

84 

52 

16 

1948 

3,332 

9,589 

187 

12,439 

88 

36 

41 

2,378 

184 

49 

61 

17 

1949 

2,997 

8,336 

366 

12,446 

98 

43 

46 

2,632 

221 

52 

45 

15 

1950 

2,843 

8,467 

562 

12,782 

83 

55 

46 

2,257 

246 

42 

51 

13 

1951 

2,666 

9,902 

517 

10,926 

88 

42 

28 

3,099 

215 

50 

45 

12 

12-mths  ending 

June  1952 

2,572 

10,309 

736 

10,471 

91 

41 

37 

3,309 

178 

41 

35 

10 

Monthly 

1951-Mar. 

176.5 

936.8 

56.9 

451.7 

8.9 

4.8 

2.6 

313.6 

27.3 

5.8 

4.3 

1.1 

Apr. 

241.5 

830.8 

71.4 

803.3 

7.9 

3.9 

3.2 

231.1 

24.3 

7.1 

5.5 

1.8 

May 

281.6 

901.3 

88.8 

1,504.5 

7.6 

3.7 

1.1 

288.0 

25.7 

4.4 

3.8 

1.3 

June 

328.2 

847.5 

93.4 

1,240.5 

5.3 

4.0 

3.1 

201.3 

14.6 

3.3 

3.9 

1.0 

July 

299.1 

749.1 

37.2 

1,123.7 

6.7 

3.0 

7.2 

186.8 

6.8 

3.2 

5.8 

1.2 

Aug. 

291.1 

709.4 

7.0 

1,869.1 

6.3 

2.4 

1.5 

198.5 

8.2 

3.1 

5.3 

1.0 

Sept. 

219.4 

612.8 

4.6 

1,127.2 

5.5 

2.5 

.8 

204.7 

10.3 

2.4 

3.2 

.7 

Oct. 

193.7 

648.3 

16.6 

1,109.5 

7.8 

3.7 

.9 

356.1 

13.2 

2.9 

1.3 

.6 

Nov. 

178.7 

687.1 

33.1 

586.3 

9.3 

4.4 

1.3 

284.8 

25.8 

3.4 

1.4 

.6 

Dec. 

140.4 

1,362.6 

35.7 

405.7 

7.2 

2.8 

1.4 

359.5 

18.3 

2.8 

2.1 

.5 

1952-Jan. 

143.8 

811.4 

64.4 

336.6 

9.5 

3.8 

5.1 

314.6 

25.9 

3.5 

1.8 

.7 

Feb. 

140.5 

924.1 

74.9 

326.2 

8.9 

4.6 

2.2 

192.6 

14.7 

3.7 

2.7 

.7 

Mar. 

173.7 

958.4 

101.1 

466.1 

8.9 

3.1 

3.9 

257.0 

19.0 

4.1 

1.0 

.8 

Apr. 

211.3 

897.9 

120.8 

817.4 

7.1 

3.5 

1.9 

403.0 

15.5 

4.3 

3.0 

1.0 

May 

281.8 

1,153.2 

131.8 

1,276.5 

7.5 

4.5 

6.0 

288.4 

10.3 

4.1 

4.0 

.8 

June 

298.2 

794.9 

108.9 

1,026.8 

6.7 

2.4 

5.3 

262.8 

9.9 

3.6 

3.0 

.9 

Crude 
Rubber 

Iron 
Ore 

Pigs, 

Ingots, 

Blooms 

&  Billets 

Bars, 

Rods 

and  Rails 

Sheets 

and 

Plates 

Structural 
Iron 

Autos 

and 
Trucks 

Bauxite 
Ore 

Tin 

Coal 

Crude 
Petroleum 

Gasoline, 
Kerosene 

and 
Fuel  Oils 

mm.  lbs. 

Thous.  tons 

Thous.  tons 

Thous.  tons 

Thous.  tons 

Thous.  tons 

Thous. 

Thous.  tons 

Thous.  cwt. 

mm.  tons 

mm.  gals. 

mm.  gals. 

Calendar  Years 

1929 

80 

2,448 

86 

257 

653 

381 

45 

145 

57 

18 

1,067 

275 

1932 

47 

68 

11 

28 

255 

31 

1 

52 

31 

12 

910 

193 

1937 

81 

2,125 

20 

60 

491 

76 

20 

304 

59 

15 

1,362 

126 

1947 

77 

3,945 

21 

120 

483 

235 

43 

1,400 

89 

29 

2,418 

764 

1948 

96 

4,300 

62 

110 

460 

218 

21 

2,015 

81 

31 

2,717 

748 

1949 

90 

2,517 

84 

118 

601 

221 

39 

1,794 

82 

22 

2,649 

584 

1950 

104 

3,071 

60 

98 

551 

189 

89 

1,862 

108 

27 

2,805 

832 

1951 

108 

3,831 

148 

197 

757 

382 

48 

2,402 

137 

27 

2,949 

911 

12-mths  ending 

June  1952 

81 

3,977 

150 

235 

807 

430 

26 

2,615 

129 

26 

2,883 

935 

Monthly 

1951-Mar. 

13.2 

3.7 

19.0 

9.5 

57.3 

21.7 

5.8 

19.3 

13.1 

1.4 

204.4 

53.3 

Apr. 

8.5 

43.0 

9.2 

13.1 

70.4 

30.5 

9.3 

60.2 

10.9 

1.9 

241.8 

41.9 

May 

11.2 

228.7 

5.2 

12.9 

63.6 

40.7 

8.9 

187.6 

11.8 

2.5 

271.3 

94.9 

June 

8.9 

558.0 

8.6 

15.5 

66.2 

31.3 

6.4 

227.0 

5.3 

2.5 

238.0 

84.8 

July 

8.0 

605.4 

12.0 

18.1 

73.7 

36.4 

3.7 

290.4 

11.1 

2.4 

301.4 

122.6 

Aug. 

10.3 

691.2 

17.9 

17.9 

64.5 

33.3 

1.4 

374.9 

8.8 

2.8 

274.3 

106.6 

Sept. 

4.6 

594.4 

7.5 

24.9 

65.0 

38.0 

.9 

353.7 

8.8 

2.3 

272.2 

87.0 

Oct. 

6.1 

685.9 

15.1 

25.8 

78.6 

40.4 

.8 

439.2 

18.0 

3.0 

259.1 

82.2 

Nov. 

4.7 

280.7 

12.7 

19.7 

65.6 

37.7 

.9 

311.0 

22.6 

2.6 

229.1 

80.7 

Dec. 

6.5 

138.4 

23.5 

18.9 

52.7 

33.0 

.5 

75.6 

10.6 

1.6 

228.2 

57.6 

1952-Jan. 

9.1 

15.9 

10.6 

22.1 

75.7 

50.8 

.8 

31.7 

10.8 

1.9 

230.3 

62.3 

Feb. 

6.6 

13.4 

12.5 

19.8 

66.2 

36.5 

1.6 

15.5 

9.4 

1.7 

206.3 

38.5 

Mar. 

7.5 

1.9 

20.0 

17.3 

71.2 

31.0 

1.9 

14.7 

7.8 

1.6 

208.1 

62.2 

Apr. 

5.0 

50.9 

7.8 

15.9 

71.0 

32.5 

2.8 

15.4 

8.4 

1.6 

212.3 

49.1 

May 

5.8 

437.0 

5.9 

20.2 

80.4 

39.6 

5.0 

331.3 

4.7 

2.4 

256.4 

92.4 

June 

6.4 

462.3 

4.3 

14.7 

42.6 

21.2 

5.6 

361.3 

7.7 

2.1 

205.4 

94.2 

(1)    Includes  imports  from  Newfoundland  until  March  31,  1949  and  imports  into  Newfoundland  from  other  countries  thereafter, 
tons,  a  short  ton  of  2000  lbs.  has  been  used.        *  Not  available. 


Where   quantity   is   shown   in 


137 


AUGUST  1952 
XV— MERCHANDISE  IMPORTS 

Compiled  from  "Trade  of  Canada" 


AUGUST  1952 

COMMODITY  CLASSIFICATION 

Dominion  Bureau  of  Statistics 


138 


Millions  of  Dollars 

(Exclud 

ng  Gold) 

Millions  of  Dollars 

Fruits 
and 
Nuts 

Vegetables 

Grains 
and 

Milled 
Products 
(incl.  rice) 

Sugar 

and 

Products 

Tea 

and 
Coffee 

Alcoholic 
Beverages 

(i) 

Vegetable 
Oils 
(non- 
edible) 

Rubber 
(incl.  syn- 
thetic) 

Furs 

Hides 

and 

Leather 

(unmfd. 

and  mfd.) 

Other 

Vegetable 

and 

Animal 

Products 

Cotton 

Silk 

(raw  and 

mfd.) 

Wool 

Artificial 
Silk 

Flax,  Hemp 
and  Jute 

Other 
Textiles 

Paper 

Books  and 
Printed 
Matter 

Other  Wood 
and  Wood 
Products 

Raw  and 
Unmfd. 

Mfd. 

Raw  and 
Unmfd. 

Mfd. 

Calendar  Years 
1929 

39 

11 

26 

28 

18 

47 

12 

23 

15 

20 

64 

28 

34 

29 

10 

40 

13 

15 

30 

15 

18 

30 

Calendar  Years 
1929 

1932 

21 

5 

6 

17 

10 

17 

5 

4 

4 

6 

20 

8 

13 

10 

5 

11 

3 

6 

12 

7 

10 

6 

1932 

1937 

29 

6 

18 

21 

14 

8 

16 

19 

8 

12 

27 

21 

20 

8 

16 

19 

4 

11 

16 

8 

14 

12 

1937 

1946 

118 

27 

20 

40 

26 

13 

12 

20 

27 

13 

58 

45 

75 

4 

30 

35 

22 

23 

31 

19 

31 

20 

1946 

1947 

100 

25 

36 

57 

35 

14 

23 

29 

22 

26 

76 

61 

119 

7 

30 

54 

34 

38 

46 

23 

32 

35 

1947 

1948 

91 

8 

31 

72 

42 

16 

19 

32 

25 

19 

83 

57 

78 

4 

48 

67 

30 

27 

39 

17 

31 

25 

1948 

1949 

96 

19 

26 

71 

50 

22 

21 

29 

20 

25 

74 

67 

73 

6 

37 

63 

30 

20 

37 

20 

36 

30 

1949 

1950 

113 

25 

39 

87 

71 

17 

31 

49 

22 

28 

89 

91 

67 

8 

55 

52 

21 

26 

45 

23 

42 

34 

1950 

1951 

118 

31 

46 

86 

71 

18 

35 

85 

22 

31 

126 

97 

87 

8 

95 

68 

35 

31 

64 

35 

51 

51 

1951 

12-Mths.  ending 
June  1952 

113 

43 

38 

79 

69 

19 

19 

57 

18 

21 

115 

72 

71 

6 

54 

52 

30 

27 

60 

32 

53 

45 

12-Mths.  ending 
June  1952 

Monthly 
1951— Feb. 

8.0 

2.1 

1.9 

1.9 

5.8 

1.3 

2.9 

7.3 

3.1 

3.1 

9.0 

7.2 

8.6 

.8 

7.4 

5.9 

2.5 

1.3 

4.7 

2.6 

3.4 

3.9 

Monthly 
Feb.— 1951 

Mar. 

9.8 

3.1 

2.9 

3.2 

7.4' 

1.8 

3.8 

9.9 

2.6 

3.5 

12.0 

12.5 

9.5 

.8 

8.6 

5.8 

3.5 

2.2 

6.4 

3.1 

4.1 

5.0 

Mar. 

Apr. 

10.1 

3.4 

5.3 

5.9 

6.6 

1.1 

6.6 

7.7 

2.4 

3.6 

11.0 

11.5 

11.9 

.7 

13.2 

9.0 

4.9 

2.8 

6.6 

3.0 

4.7 

5.0 

Apr. 

May 

10.3 

4.6 

6.2 

10.4 

6.2 

1.0 

5.6 

9.4 

1.6 

2.8 

10.3 

12.6 

8.2 

.6 

9.7 

6.6 

4.0 

2.6 

6.8 

2.8 

4.2 

5.0 

May 

June 

10.3 

4.7 

3.5 

9.2 

5.1 

1.2 

3.6 

8.0 

1.3 

3.1 

8.9 

7.1 

6.2 

.6 

9.9 

5.5 

3.2 

4.0 

4.8 

2.6 

3.8 

5.3 

June 

July 

11.7 

2.0 

2.3 

8.4 

5.4 

1.2 

2.4 

6.6 

1.4 

2.6 

11.5 

3.3 

6.5 

.6 

14.8 

6.6 

3.1 

4.8 

4.9 

2.7 

4.1 

4.9 

July 

Aug. 

11.3 

.6 

2.1 

14.2 

4.6 

1.2 

1.1 

7.1 

.7 

2.2 

10.1 

3.7 

6.3 

.6 

11.6 

6.5 

2.8 

2.8 

4.9 

2.8 

4.4 

4.3 

Aug. 

Sept. 

8.7 

.5 

2.1 

9.9 

4.3 

1.4 

1.1 

4.0 

.9 

1.9 

10.2 

4.3 

4.6 

.5 

6.6 

5.0 

2.2 

2.2 

5.1 

2.6 

4.5 

3.5 

Sept. 

Oct. 

9.4- 

1.9 

4.0 

9.6 

'  6.1 

2.3 

1.4 

4.7 

1.0 

2.0 

12.9 

5.3 

5.3 

.5 

2.4 

4.4 

2.4 

1.7 

4.6 

3.5 

5.0 

4.0 

Oct. 

Nov. 

9.9 

2.7 

5.6 

5.8 

7.2 

2.0 

.9 

3.7 

.8 

1.6 

11.5 

10.6 

5.4 

.4 

2.0 

3.5 

2.0 

3.0 

4.5 

3.4 

4.5 

3.7 

Nov. 

Dec. 

8.6 

3.4 

8.0 

3.7 

5.3 

2.2 

1.4 

4.3 

1.2 

1.2 

8.6 

7.8 

4.4 

.4 

2.0 

2.8 

1.6 

1.2 

4.9 

2.7 

4.0 

3.0 

Dec. 

1952— Jan. 

'   7.0 

4.4 

1.7 

2.9 

7.0 

1.8 

1.8 

5.8 

2.6 

1.3 

10.5 

10.3 

5.8 

.5 

2.1 

4.0 

2.3 

1.8 

5.6 

2.7 

5.0 

3.8 

Jan.— 1952 

Feb. 

7.1 

3.7 

2.3 

2.7 

6.8 

1.1 

2.3 

4.5 

2.3 

1.7 

9.3 

6.0 

6.1 

.5 

2.4 

4.2 

2.6 

1.9 

6.1 

2.5 

4.0 

3.8 

Feb. 

Mar. 

7.8 

5,0 

1.5 

3.4 

6.3 

1.4 

.      2.2 

5.0 

1.3 

1.8 

7.8 

7.4 

7.2 

.6 

1.2 

4.1 

2.8 

1.8 

4.9 

2.3 

4.7 

4.0 

Mar. 

Apr. 

8.5 

6.0 

2.4 

5.2 

5.5 

1.6 

1.6 

3.7 

1.8 

1.6 

6.9 

6.2 

7.3 

.5 

2.6 

4.3 

3.0 

2.0 

4.5 

2.2 

4.5 

3.6 

Apr. 

May 

12.3 

7.1 

3.1 

7.7 

5.9 

1.4 

1.5 

4.0 

1.8 

1.6 

9.1 

3.9 

6.6 

.5 

3.2 

3.6 

2.8 

2.4 

6.3 

2.6 

4.6 

3.7 

May 

June 

10.4 

6.0 

2.5 

5.9 

4.5 

1.2 

1.4 

4.1 

1.8 

1.5 

6.8 

3.6 

5.4 

.5 

2.6 

3.3 

2.6 

1.6 

41 

2.0 

3.6 

2.9 

June 

Chemicals 

Pigs,  Ingots 

Bars  and 

Sheets, 

Structural 

Castings 

Engines, 

Farm 

Machinery 

Motor 

Other 

Tin 

Other 

Coal 

Petroleum 

Other 

All 

and 

Iron 

Blooms 

Rods  incl. 

Plates. 

Iron  and 

and 

Loco- 

Implements 

(except 

Vehicles 

Iron 

Bauxite 

Electrical 

Non-ferrous 

and 

Glass 

Non- 

Other 

Total(» 

Allied 
Products 

Ore 

and 
Billets 

Rails 

Hoop,  Band 
and  Strip 

Steel 

Forgings 

motives 
and  Boilers 

and 
Machinery 

agri- 
cultural) 

and 
Parts 

and 
Steel 

Ore 

Products 

Apparatus 

Metals 

Products 

Products 

metallic 
Minerals 

Imports 

Imports 

Calendar  Years 

Calendar  Years 

1929 

40 

5 

3 

12 

37 

15 

6 

18 

32 

70 

85 

60 

3 

3 

37 

48 

64 

77 

11 

35 

75 

1,299 

1929 

1932 

28 

- 

- 

1 

11 

1 

2 

6 

2 

16 

13 

14 

2 

1 

8 

11 

35 

43 

5 

13 

33 

453 

1932 

1937 

37 

5 

1 

5 

37 

4 

3 

11 

17 

46 

49 

33 

4 

3 

16 

25 

42 

59 

9 

27 

48 

809 

1937 

1946 

93 

6 

1 

8 

38 

8 

7 

29 

68 

130 

106 

89 

9 

6 

48 

58 

133 

123 

23 

53 

119 

1,864 

1946 

1947 

113 

13 

2 

12 

48 

18 

9 

44 

105 

206 

178 

127 

9 

7 

69 

77 

154 

207 

29 

63 

159 

2,570 

1947 

1948 

118 

16 

6 

12 

54 

18 

10 

50 

140 

217 

132 

128 

10 

8 

62 

76 

206 

301 

26 

73 

115 

2,636 

1948 

1949 

131 

12 

6 

13 

67 

18 

13 

59 

177 

216 

167 

143 

10 

8 

70 

87 

157 

274 

25 

79 

157 

2,760 

1949 

1950 

158 

17 

5 

11 

66 

16 

10 

55 

162 

226 

250 

163 

10 

10 

83 

113 

190 

307 

28 

86 

171 

3,173 

1950 

1951 

192 

23 

16 

26 

108 

39 

14 

88 

195 

329 

271 

224 

15 

20 

120 

136 

190 

353 

32 

109 

295 

4,083 

1951 

12-Mths.  ending 

12-Mths.  ending 

June  1952 

181 

24 

17 

30 

106 

46 

14 

124 

207 

346 

237 

225 

15 

16 

122 

125 

182 

341 

27 

105 

344 

3,930 

June  1952 

Monthly 

Monthly 

1951— Feb. 

14.0 

- 

.9 

1.1 

6.3 

1.7 

.6 

5.6 

13.5 

20.8 

24.0 

13.9 

.5 

1.5 

7.8 

9.5 

13.1 

20.1 

2.2 

6.2 

16.4 

274.2 

Feb.— 1951 

Mar. 

17.4 

- 

1.9 

1.3 

8.6 

2.0 

.8 

7.1 

16.5 

26.0 

28.6 

18.3 

.5 

2.3 

10.4 

14.4 

10.5 

23.7 

2.8 

7.3 

20.7 

342.5 

Mar. 

Apr. 

18.8 

.4 

.9 

1.9 

10.6 

2.9 

1.1 

8.4 

21.2 

29.9 

34.2 

22.5 

.8 

1.9 

11.4 

11.7 

12.7 

25.1 

3.4 

9.9 

26.4 

393.0 

Apr. 

May 

18.5 

1.3 

.8 

1.8 

9.7 

4.0 

1.3 

7.6 

21.5 

31.8 

30.6     - 

•     22.9 

1.2 

2.0 

11.0 

14.0 

16.8 

34.2 

3.1 

10.3 

29.0 

404.7 

May 

June 

15.5 

3.2 

.8 

2.2 

9.9 

3.2 

1.0 

6.6 

18.0 

29.4 

26.4 

19.5 

1.4 

.8 

10.3 

12.5 

17.8 

30.1 

2.7 

10.6 

26.9 

360.4 

June 

July 

16.9 

3.7 

.8 

2.2 

10.4 

3.8 

1.4 

6.9 

18.8 

31.0 

23.0 

19.1 

1.4 

1.7 

9.9 

11.1 

17.0 

38.6 

2.9 

11.0 

27.2 

370.6 

July 

Aug. 

15.3 

4.1 

1.8 

2.3 

9.4 

3.5 

1.2 

5.7 

19.6 

27.7 

15.1 

19.3 

1.8 

1.3 

11.2 

12.9 

18.6 

34.4 

2.6 

11.0 

31.7 

356.7 

Aug. 

Sept. 

14.1 

3.3 

1.0 

3.1 

9.3 

4.0 

1.2 

7.8 

14.2 

26.0 

16.3 

16.8 

2.5 

1.0 

9.7 

7.7 

16.8 

33.5 

2.4 

9.8 

24.4 

311.0 

Sept. 

Oct. 

16.0 

4.0 

1.7 

3.2 

10.7 

4.3 

1.6 

8.6 

15.6 

28.0 

17.2 

20.1 

2.3 

2.0 

10.9 

11.1 

21.2 

31.9 

2.6 

9.3 

27.4 

344.1 

Oct. 

Nov. 

15.8 

1.7 

1.6 

2.8 

9.2 

4.1 

1.9 

8.9 

12.1 

28.2 

16.2 

18.4 

1.8 

2.6 

9.6 

11.4 

18.8 

28.5 

2.5 

9.3 

25.6 

325.6 

Nov. 

Dec. 

12.0 

.9 

2.5 

2.3 

7.1 

3.5 

.8 

9.0 

12.0 

24.3 

13.9 

15.0 

.6 

1.3 

8.4 

8.2 

13.0 

26.0 

1.8 

7.5 

20.3 

273.0 

Dec. 

1952— Jan. 

14.8 

.2 

1.3 

2.8 

9.9 

5.3 

.8 

11.2 

13.4 

27.4 

18.0 

17.5  • 

.5 

1.3 

10.7 

9.0 

13.8 

25.9 

2.0 

6.4 

24.2 

307.0 

Jan.— 1952 

Feb. 

14.2 

.2. 

1.4 

2.7 

8.3 

3.9 

.8 

6.6 

16.3 

24.6 

19.4 

16.6 

.3 

1.2 

10.3 

8.7 

11.5 

20.7 

1.8 

6.9 

21.7 

282.0 

Feb. 

Mar. 

16.0 

- 

2.2 

2.4 

8.8 

3.3 

1.1 

18.3 

18.8 

31.2 

22.8 

19.0 

.2 

1.0 

10.1 

12.0 

11.4 

23.4 

2.0 

7.1 

31.4 

327.0 

Mar. 

Apr. 

15.2 

.5 

1.3 

2.1 

8.7 

3.6 

1.1 

11.0 

22.0 

30.7 

23.4 

20.2 

.3 

1.0 

9.8 

10.3 

10.8 

22.7 

2.2 

7.3 

34.6 

323.9 

Apr. 

May 

16.8 

2.7 

1.0 

2.6 

9.4 

4.5 

1.3 

18.8 

23.6 

34.4 

27.7 

24  0 

1  5 

.6 

11.9 

11.0 

16.2 

30.3 

2.5 

10.6 

37.9 

384.9 

May 

June 

14.1 

2.5 

.5 

1.8 

5.4 

2.3 

.9 

11.3 

20.5 

32.1 

245 

19.0 

1.7 

1.0 

9.3 

11.4 

13.3 

25.7 

2.0 

8.8 

37.7 

324.0 

June 

(1)    Before  1935  import 

otals  are  sub 

stantially  ov 

:r-valued  ow 

ng  to  inclusic 

n  of  U.K.  ex 

rise  taxes  on 

spirits  import 

ed  from  that 

country. 

(2)  Imp 

arts  from  the 

United    Tfin 

rHnm  Hn  not 

inrhide  artic 

es  imDorted 

or  the  use  o 

the  armed  t 

orces  of  the  United  Kingt 

om.     In  the 

years  1946 

and   1947  articles  free  under  Order 

in  Council  (9213)  and  the  item  "Canadian  Goods  Returned"  (9195)  are  excluded. 


139 


AUGUST  1952 


Millions  of  Dollars 


XVI— EXPORTS  AND  IMPORTS  BY  COUNTRIES(1) 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 

MERCHANDISE  EXPORTS'2' 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.K. 

Union 

Other 

Western 

Central 

Total 

Non- 
monetary 

U.S.A. 

U.K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Gold 

cies 

South 
Africa 

Area 
(3) 

Colonies 
(4) 

South 
America 

(5) 

Countries 

Exports 

Calendar  Years 

1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12  Mths.  end'g 

July  1952  «> 

2,319 

778 

88 

46 

180 

441 

286 

168 

4,307 

147 

Monthly 

1951-Mar. 

193.8 

38.9 

4.7 

3.6 

13.4 

14.5 

12.5 

9.9 

291.4 

8.4 

Apr. 

188.5 

43.8 

5.2 

6.5 

11.4 

17.8 

14.9 

15.2 

303.4 

16.2 

May 

206.2 

51.4 

6.3 

4.3 

9.2 

20.6 

18.0 

15.9 

331.9 

13.0 

June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan. 

191.1 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.4 

Feb. 

175.8 

44.1 

8.3 

4.1 

15.7 

32.0 

27.7 

12.1 

319.9 

13.2 

Mar. 

190.0 

69.6 

8.6 

4.5 

19.7 

28.2 

24.1 

14.3 

359.0 

15.0 

Apr. 

182.8 

69.4 

6.5 

3.5 

15.3 

23.6 

26.6 

13.0 

340.8 

11.2 

May 

194.2 

96.4 

8.8 

4.3 

15.5 

40.6 

23.2 

12.2 

395.2 

8.5 

June 

197.0 

81.6 

6.8 

2.9 

14.0 

45.4 

21.1 

16.2 

385.0 

14.6 

July'6' 

190.6 

68.0 

6.6 

1.8 

18.1 

46.7 

21.2 

20.8 

373.7 

14.9 

Millions  of  Dollars 

MERCHANDISE  IMPORTS 

Excess  of 

TOTAL  II 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.  K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Merch- 

(7) 

cies 

South 
Africa 

Area 

(3) 

Colonies 

(4) 

South 
America 

(S) 

Countries 

andise 
Imports 

Calendar  Years 

1946 

1,405  ' 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2,130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

12  Mths.  end'g 

June  1952<6> 

2,800 

355 

138 

4 

111 

174 

278 

70 

3,930 

382 

Monthly 

1951-Mar. 

245.7 

30.4 

12.2 

.5 

12.3 

11.4 

22.5 

7.4 

342.5 

51.1 

Apr. 

278.3 

48.9 

12.7 

.5 

9.2 

14.1 

22.2 

7.0 

393.0 

89.7 

May 

273.2 

43.2 

19.7 

.8 

11.6 

18.5 

27.3 

10.5 

404.7 

72.8 

June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec. 

203.1 

19.4 

8.4 

.3 

5.3 

9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan. 

228.7 

24.3 

8.1 

.2 

6.5 

11.8 

22.2 

5.1 

307.0 

24.0 

Feb. 

211.8 

21.3 

8.9 

.3 

7.7 

9.7 

18.7 

3.7 

282.0 

37.9 

Mar. 

253.5 

22.6 

6.5 

.4 

3.8 

12.5 

24.3 

3.3 

327.0 

32.0 

Apr. 

245.6 

28.4 

6.7 

.3 

6.1 

11.0 

21.6 

4.3 

323.9 

16.9 

May 

282.9 

32.1 

11.1 

.4 

8.8 

15.3 

27.3 

7.1 

384.9 

10.3 

June(6) 

235.3 

31.3 

11.4 

.3 

5.1 

12.4 

23.2 

4.9 

324.0 

61.0 

July'" 

247.5 

34.0 

342.9 

30.8 

(1)  Commencing  April  1.  1949.  external  trade  of  Newfoundland  is  included 

and   Canadian   trade  with   Newfoundland,   formerly   in  the   "All   Other"        (4) 
category,  disappears.  (5) 

(2)  Includes  exports  of  foreign  produce.   In  the  case  of  wheat  exports,  figures  are 
based   on    Board  of    Grain   Commissioners'   data   rather    than    Customs'        (6) 
clearances.     Excludes  defence  equipment  transferred  by  Canada  to  North        (7) 
Atlantic  Treaty  countries  which  in  1950  and  1951  amounted  to  56.8  and 
109.1  million  dollars  respectively. 

(3)  Consists  of  Eire,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 


Ceylon  and  Iraq.     Egypt  is  included  in  the  "All  Other"  category. 

Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

Includes  Egypt,  Spain,  Palestine,  and  also  Newfoundland  until  March  31, 

1949. 

Preliminary. 

Imports  from  the  United   Kingdom  do  not  include  articles   imported  for 

the  use  of  the  armed  forces  of  the  United  Kingdom.    In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)   and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded.         (8)   Estimates. 


AUGUST  1952 


140 


MERCHANDISE  TRADE 


MILLIONS  OF  DOLLARS 


EXPORTS 

MONTHLY    TOTALS 


MILLIONS  Or  DOLLARS 


D        J        F        M        A        M       J         JASOND 


DJFMAMJJASOND 


DJ         FMAMJ         JASOND 
(1)  See  footnotes  to  table  on  facing  page. 


DJFMAMJJASOND 


MILLIONS  OF  DOLLARS 


IMPORTS 

MONTHLY    TOTALS 


(I) 


MILLIONS  OF  DOLLARS 


DJFMAMJJASOND 


D         JFMAMJ         JASOND 
(1)  See  footnotes  to  table  on  facing  page. 


DJFMAMJJASOND 


DJFMAMJJASOND 


mJI2 


■TATISTICAL  SUMMARY 

BANK  OF  CANADA 


Tables 


Charts 


Pages 


I     Bank  of  Canada  : 

Liabilities  and  Assets 141  -  142 

II     Chartered  Banks: 

Liabilities  and  Assets 141  -  142 

III  General  Public  Holdings  of  Certain  Liquid  Assets 143  -  146 

IV  Estimated  Distribution  of  Government  of  Canada 

Direct  and  Guaranteed  Funded  Debt 145  -  146 

V    Foreign  Exchange  Rates 147 

United  States  Dollar  in  Canadian  Funds 147 

VI     Consumer  Credit  Outstanding 148 

Consumer  Credit  Outstanding 148 

VII     Government  Bonds  Yields  and  Treasury  Bill  Rates 149 

VIII    Official  Holdings  of  Gold  and  United  States  Dollars      ....  149 

IX    Government  Bond  Yields:  Canada,  U.K.  and  U.S.A 150 

X     International  Sales  and  Purchases  of  Securities 150 

XI     Labour  Force  Status  of  the  Population 151  -  152 

XII     Business  Activity 151 

XIII  Wholesale  Prices 152 

XIV  Employment  and  Payrolls 153 

XV    Cost  of  Living 154 

XVI     U.S.A.  Consumers'  Price  Index 154 

XVII    Cash  Income  from  the  Sale  of  Farm  Products 155 

XVIII     Exports  and  Imports  :  Indexes  of  Total  Value,  Unit  Value  and  Volume  .  155 

XIX    Merchandise  Trade:  Exports  and  Imports  by  Countries    ....  156 

XX    Merchandise  Exports:  Commodity  Classification  by  Value      .       .       .  157-158 


TABLES  AND  CHARTS  MAY   BE  REPRODUCED  OR  REFERRED  TO  PROVIDED  THAT  THE   BANK   OF 
CANADA   STATISTICAL   SUMMARY,   WITH   ITS  DATE,   IS   SPECIFICALLY   QUOTED  AS  THE     SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:   25c   per   copy,    post   free.      For   particulars   apply   to   the   Research   Department,    Bank   of  Canada,   Ottawa. 


SEPTEMBER  1952 


141 

SEPTEMBER  1952 

SEPTEMBER  1952 

142 

] 

—BANK 

OF  CANADA 

Millions  of  Dollars 

LIABILITIES 

ASSETS 

Chartered  Bank  Cash 

Govt,  of 
Canada 
Deposits 

Other 
Deposits 

Foreign 
Currency 
Deposits'" 

Active 

B.  of  C. 

Note 

Circulation 

All 

Other 

Accounts 

Total 

Liabilities 

or 

Assets 

Gold 

Silver 

Foreign'" 
Exchange 

Securities 

Advances 

All 

Other 

Accounts 

Notes 
in  Tills 

Deposits 

at 
B.  of  C. 

Total 

Govt,  of  Canada 
and  Provincial 

Ind.  Dev. 

Bank 
Cap.  Stock 

Other 
Securities 

Total 

Under  2  yrs. 

Over  2  yrs. 

As  at  Dec.  31 
1935 
1937 
1939 

40.6 
53.9 
70.6 

181.6 
196.0 
217.0 

222.2 
249.9 
287.6 

17.9 
11.1 
46.3 

.8 
3.5 
17.9 

: 

59.1 
111.4 
162.2 

7.7 
14.4 
13.3 

307.7 
390.3 
527.2 

180.5 
179.8 
225.7 

1.6 
3.0 

4.2 
14.9 
64.3 

30.9 
82.3 
181.9 

83.4 
91.6 
49.9 

- 

12.2 

114.3 
186.1 
231.8 

3.5 

3.5 
6.5 
5.5 

As  at  Dec.  31 
1935 
1937 
1939 

1946 
1947 
1948 
1949 
1950 
1951 

176.9 

565.5 

742.3 

60.5 

93.8 

1.0 

1,009.3 

41.7 

1,948.6 

- 

1.0 

1,197.4 

708.2 

15.0 

_ 

1,920.6 

27.1 

1946 

183.9 

536.2 

720.1 

68.8 

67.5 

2.0 

1,027.5 

40.4 

1,926.2 

- 

2.0 

1,022.0 

858.5 

25.0 

- 

1,905.6 

_ 

18.7 

1947 

190.8 

547.3 

738.1 

98.1 

81.0 

.4 

1,098.3 

42.7 

2,058.6 

- 

- 

.5 

1,233.7 

779.1 

25.0 

_ 

2,037.7 

_ 

20.4 

1948 

211.8 

541.7 

753.5 

30.7 

126.9 

79.6 

1,095.6 

39.5 

2,125.9 

- 

- 

74.2 

1,781.4 

227.8 

25.0 

5.5 

2,039.7 

_ 

12.0 

1949 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

- 

- 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

_ 

24.0 

1950 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

~~ 

~ 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

1951 

End  of 
1951— May 
June 
July 
Aug. 
Sept. 
Oct. 

214.8 

530.1 

744.8 

76.2 

221.5 

129.9 

1,122.7 

38.8 

2,334.1 

- 

- 

125.4 

1,313.7 

777.3 

25.0 

45.3 

2,161.3 

_ 

47.4 

End  of 
May— 1951 

177.1 

590.7 

767.8 

75.3 

.     220.1 

132.8 

1,174.2 

32.2 

2,402.4 

- 

- 

117.0 

1,335.2 

846.3 

25.0 

58.8 

2,265.4 

_ 

20.1 

226.0 

558.2 

784.2 

91.1 

212.6 

146.7 

1,144.5 

56.2 

2,435.3 

- 

- 

117.0 

1,327.4 

872.5 

25.0 

51.4 

2,276.3 

_ 

41.9 

July 

189.7 

580.4 

770.1 

115.0 

185.7 

143.0 

1,181.0 

62.8 

2,457.6 

- 

- 

100.1 

1,349.6 

888.1 

25.0 

44.1 

2,306.9 

_ 

50.6 

Aug. 

195.2 

579.4 

774.6 

105.6 

140.0 

116.3 

1,192.8 

38.5 

2,367.8 

- 

- 

87.1 

1,297.6 

896.1 

25.0 

31.2 

2,249.9 

_ 

30.8 

Sept. 

232.2 

588.3 

820.6 

210.3 

83.3 

102.1 

1,174.3 

62.9 

2,453.4 

— 

- 

96.6 

1,317.5 

956.4 

25.0 

8.2 

2,307.1 

_ 

49.7 

Oct. 

195.1 

633.8 

828.9 

66.0 

92.5 

135.1 

1,212.1 

54.4 

2,388.9 

- 

- 

128.9 

1,137.8 

1,043.1 

25.0 

18.8 

2,224.6 

- 

35.4 

Nov. 

Dec. 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

- 

- 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

Dec. 

1952— Jan. 

222.4  ' 

629.2 

851.6 

92.8 

54.9 

99.5 

1,153.2 

53.9 

2,306.0 

- 

- 

85.4 

1,095.4 

1,042.6 

25.0 

24.3 

2,187.2 

_ 

33.3 

Jan.— 1952 

Feb. 

175.6 

616.7 

792.3 

88.5 

52.1 

84.7 

1,198.8 

27.8 

2,244.3 

- 

- 

70.4 

1,058.1 

1,027.6 

25.0 

27.3 

2,138.0 

- 

35.9 

Feb. 

207.5 

656.5 

864.0 

14.6 

66.1 

68.5 

1,185.7 

30.1 

2,229.0 

- 

- 

60.2 

1,179.9 

882.2 

25.0 

11.7 

2,098.8 

- 

70.0 

Mar. 

Apr. 

234.8 

645.7 

880.5 

14.3 

41.7 

77.5 

1,177.0 

31.5 

2,222.5 

- 

72.4 

1,191.5 

874.7 

25.0 

21.6 

2,185.1 

- 

37.4 

Apr. 

May 

190.6 

579.4 

770.0 

21.9 

44.6 

82.8 

1,226.8 

34.3 

2,180.4 

- 

78.4 

1,203.6 

824.6 

25.0 

11.2 

2,064.5 

- 

37.5 

May 

219.6 

578.0 

797.6 

26.8 

48.5  ■ 

48.4 

1,222.2 

45.6 

2,189.0 

- 

- 

43.9 

1,251.3 

817.8 

25.0 

11.1 

2,105.3 

- 

39.9 

June 

July 

235.3 

595.5 

830.7 

51.6 

41.6 

'     70.0 

1,223.0 

41.3 

2,258.2 

- 

- 

63.1 

1,280.0 

843.9 

25.0 

11.1 

2,160.1 

- 

35.1 

July 

Aug. 

197.4 

614.7 

812.1 

52.0 

47.4 

82.1 

1,267.0 

40.0 

2,300.7 

" 

75.0 

1,303.2 

852.9 

25.0 

11.0 

2,192.2 

~ 

33.5 

Aug. 

(1)  Includes  foreign  exchange  items  for  foreign  clients  and  also  the  Government  of  Canada  and,  commencing  March  31,  1949,  the  Exchange  Fund  Account.         -k  Since   May  1940  the  minimum  gold  reserve  requirement  has  been  in  suspense. 


II— CHARTE 

RED  BANKS 

Millions  of  Dollars 

Bank  oj 

Canada 

LIABILITIES 

ASSETS 

Notes 

Deposits 

Cash 
in    O) 
Canada 

Securities 

Loans 

Total 
Assets 

Demand 

Notice 

Govt,  of 

Canada 

and  Prov. 

Canadian 
Deposits 

Foreign 

Total 
Deposits 

(i) 

Govt,  of 
Canada 

Prov- 
incial 

Foreign 
Govt. 

Other 

Total 

CANADA 

ABROAD 

Call 

Current 
Public 

Current 
Other 

Call 

Current 

As  at  Dec.  31 

1929 

175 

729 

1,434 

92 

2,270 

442 

2,820 

228 

2! 

17 

151 

448 

262 

1,403 

122 

245 

251 

3,521 

1932 

127 

466 

1,378 

72 

1,928 

329 

2,306 

211 

5t 

2 

216 

778 

103 

964 

140 

91 

152 

2,852 

1937 

102 

699 

1,583 

53 

2,387 

409 

2,819 

250 

1,1 

1 

59 

242 

1,411 

76 

749 

113 

60 

166 

3,281 

1949 

14 

2,426 

4,433 

367 

7,348 

730 

8,177 

753 

3,112 

445 

242 

545 

4,345 

133 

2,174 

97 

70 

211 

8,718 

1950 

2,770 

4,558 

500 

7,997 

735 

8,867 

810 

3,079 

416 

193 

599 

4,286 

134 

2,651 

125 

100 

247 

9,496 

1951 

~ 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

1951— May 

- 

2,692 

4,589 

405 

7,829 

747 

8,718 

745 

2,720 

370 

190 

606 

3,886 

92 

2,896 

170 

99 

281 

9,370 

June 

- 

2,578 

4,559 

455 

7,697 

763 

8,618 

768 

2,681 

366 

192 

598 

3,838 

82 

2,898 

164 

110 

281 

9,256 

July 

- 

2,675 

4,580 

403 

7,809 

753 

8,705 

784 

2,696 

356 

195 

594 

3,840 

84 

2,890 

153 

112 

285 

9,323 

Aug. 

- 

2,675 

4,583 

409 

7,799 

808 

8,775 

770 

2,679 

355 

210 

588 

3,832 

90 

2,912 

161 

119 

262 

9,378 

Sept. 

~ 

2,651 

4,595 

391 

7,724 

769 

8,674 

775 

2,734 

353 

208 

581 

3,876 

107 

2,901 

144 

131 

273 

9,276 

Oct. 

- 

2,907 

4,575 

270 

7,913 

784 

8,833 

821 

2,726 

342 

226 

582 

,     3,876 

111 

2,893 

141 

82 

290 

9,440 

Nov. 

- 

2,936 

4,616 

276 

8,015 

784 

8,927 

829 

2,744 

357 

214 

578 

1     3,894 

96 

2,975 

149 

90 

285 

9,544 

Dec. 

2,963 

4,612 

322 

8,088 

795 

9,003 

892 

2,754 

355 

200 

567 

3,876 

107 

2,901 

127 

131 

278 

9,610 

1952— Jan. 

- 

2,703 

4,639 

363 

7,846 

762 

8,730 

852 

2,819 

339 

214 

556 

]     3,927 

107 

2,827 

128 

80 

276 

9,343 

Feb. 

- 

2,704 

4,685 

372 

7,918 

758 

8,799 

792 

2,884 

330 

233 

556 

4,003 

95 

2,788 

130 

94 

276 

9,409 

Mar. 

- 

2,824 

4,748 

407 

8,090 

778 

9,008 

864 

2,939 

325 

284 

547 

4,095 

97 

2,797 

152 

85 

280 

9,613 

Apr. 

- 

2,889 

4,757 

340 

8,115 

806 

9,062 

881 

2,917 

310 

291 

550 

4,068 

140 

2,800 

161 

138 

279 

9,672 

May 

- 

2,851 

4,769 

360 

8,078 

817 

9,037 

770 

2,968 

315 

266 

552 

4,100 

132 

2,845 

167 

156 

287 

9,634 

June 

" 

2,987 

4,792 

341 

8,273 

848 

9,261 

798 

2,953 

306 

256 

553 

4,067 

138 

2,892 

156 

155 

269 

9,847 

July 

- 

2,885 

4,836 

359 

8,252 

838 

9,165 

831 

3,029 

309 

249 

548 

4,135 

145 

2,928 

125 

167 

268 

9,737 

Aug. 

2,895 

4,870 

311 

8,241 

847 

9,160 

812 

3,024 

326 

244 

545 

4,139 

147 

2,927 

121 

135 

255 

9,728 

Millions  of  Dollars 


DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cash  to 

Active 

in    <3) 
Canada 

Deposits 

Canadian 

Note  (5) 

U) 

Deposits 

Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

756 

7,731 

9.8 

1,110 

May— 1951 

768 

7,702 

10.0 

1,125 

June 

807 

7,761 

10.4 

1,139 

July 

795 

7,686 

10.3 

1,141 

Aug. 

805 

7,680 

10.5 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

839 

7,754 

10.8 

1,150 

Feb. 

846 

7,851 

10.8 

1,169 

Mar. 

848 

7,989 

10.6 

1,182 

Apr. 

834 

8,063 

10.3 

1,185 

May 

789 

8,096 

9.7 

1,199 

June 

848 

8,208 

10.3 

1,212 

July 

848 

8,200 

10.3 

1,222 

Aug. 

(1)   Estimated  month-end  deposits  payable    n  Canadian  currency.         (2)  Includes  inter-bank  deposits.         (3)  Until  March  1935.   Gold  and  Coin  in  Canada.  Domirlon  Notes  and  "Free"  Central  Gold  Reserve  Deposits:  after  that  date,   Bank  of  Canada  Notes  and  Deposits.  (4)    Figures  given  are  averages  of  estimated  month- 

end  Canadian  deposits  in  1026-35  and  monthly  average  deposits  in  1936  and  after.         (5)   Bank  of  Canada  notes  in  public  circulation  and  until  January  1950  chartered'  bank  note  circulation    the  latter  being,  after  September  1944,  an  approximate  figure  only.  (6)    Notes  issued  for  circulation  outside  Canada  only  commencing  in 

January  1950:  liability  for  outstanding  notes  issued  for  circulation  in  Canada  transferred  to  Bank  of  Canada  during  January  19S0.  ]  circulation,  me  mucr  ue.uB. 


143 


Millions  of  Dollars 


SEPTEMBER  1952 

III— GENERAL  PUBLIC  HOLDINGS 

A— Currency,  Bank  Deposits  and 

Bank  of 


SEPTEMBER  1952 

OF  CERTAIN  LIQUID  ASSETS*t 
Government  of  Canada  Securities 

Canada 


1.  CANADIAN  DOLLAR  CURRENCY  AND  BANK  DEPOSITS  HE  LP  BY  THE  GENERAL  PUBLIC,  AND  RELATED  BANK  ASSETS 


144 


Millions  of  Dollars 


Currency  and  Active  bank  deposits 


Currency 
Outside  Banks 


Notes 


1,110 
1,136 
1,191 

1,145 
1,181 
1,193 
1,174 
1,212 
1,191 

1,153 
1,199 
1,186 
1,177 
1,227 
1,222 
1,223 
1,267 


Coin 


74 
78 


81 
82 
82 
84 
84 

82 

83 
84 
83 
85 
85 


Total 


1,184 
1,214 
1,275 

1,225 
1,262 
1,275 
1,256 
1,296 
1,275 

1,235 
1,282 
1,270 
1,260 
1,312 
1,307 
1,307 
1,353 


Active  Bank  Deposits' 


Chartered  Banks 


Public 
Demand 


2,426 
2,770 
2,963 

2,675 
2,675 
2,651 
2,907 
2,936 
2,963 

2,703 
2,704 
2,824 
2,889 
2,851 
2,987 
2,885 
2,895 


Active 
Notice 


682 
697 
717 

709 
712 
715 
713 
712 
717 

748 
758 
770 
768 
770 
773 
774 
779 


Other 

excl. 
Govt,  of 
Canada 


338 
413 


396 
381 
371 
380 
398 


412 
451 
422 
418 
352 
396 
352 
336 


Total 


3,446 
3,880 
4,129 

3-.780 
3,768 
3,737 
4,000 
4,046 
4,129 

3,863 
3,913 
4,016 
4,075 
3,973 
4,156 
4,011 
4,010 


Less 
Float 


335 
450 
627 

468 
497 
387 
544 
552 
627 

456 
517 
551 
528 
518 
642 
488 
523 


Net 
Total 


Bank  of 
Canada 
"Other" 
Deposits 


3,111 
3,430 
3,502 

3,312 
3,271 
3,350 
3,456 
3,494 
3,502 

3,407 
3,396 
3,465 
3,547 
3,455 
3,514 
3,523 
3,487 


127 

207 

66 

213 

186 
140 
83 
93 


55 
52 
66 
42 
45 
49 
42 
47 


Inactive  m 
Total       Chartered 
Currency        Bank 


Total 


and 

Active 

Bank 

Deposits 


3,238 
3,637 
3,568 

3,525 
3,457 
3,490 
3,539 
3,587 
3,568 

3,462 
3,448 
3,531 
3,589 
3,500 
3,563 
3,565 
3,534 


4,422 
4,851 
4,843 

4,750 
4,719 
4,765 
4,795 
4,883 
4,843 

4,697 
4,730 
4,801 
4,849 
4,812 
4,870 
4,872 
4,887 


Notice 
Deposits 


3,751 
3,861 
3,894 

3,871 
3,872 
3,880 
3,862 
3,904 
3,894 

3,891 
3,926 
3,978 
3,989 
3,999 
4,019 
4,062 
4,091 


2.  GOVERNMENT  OF  CANADA  SECURITIES 


Outstanding  <8> 


Direct  Funded  Debt 


Unmatured 


Special 
Banking 
Issues'" 


1,200 
1,500 
1,400 

1,400 
1,400 
1,400 
1,400 
1,400 
1,400 

1,400 
1,400 
1,400 
1,400 
1,400 
1,400 
1,500 
1,500 


Other 
Market 
Issues 


12,755 
12,586 
12,225 

12,525 
12,525 
12,525 
12,525 
12,225 
12,225 

12,225 
12,173 
12,173 
12,173 
12,173 
12,173 
12,173 
12,172 


Non- 
market 
Debt""' 


1,227 
1,218 
1,194 


961 

943 

973 

1,216 

1,194 

1,176 
1,162 
1,140 
1,102 
1,081 
1,061 
1,044 
1,029 


Total 


15,182 
15,304 
14,819 

14,905 
14,886 
14,868 
14,898 
14,841 
14,819 

14,801 
14,735 
14,713 
14,675 
14,654 
14,634 
14,717 
14,701 


Matured 

and 

out- 
standing 


53 
51 
21 

27 
25 
24 
23 
22 
21 

19 
23 
23 
22 
21 
21 
21 
20 


Total 


15,235 
15,355 
14,840 

14,932 
14,911 
14,892 
14,921 
14,863 
14,840 

14,820 
14 ,758 
14,736 
14,697 
14,675 
14,655 
14,738 
14,721 


Guar- 
anteed 

Un- 
matured 
Funded 
Debt 


548 
577 
529 

577 
577 
529 
529 
529 
529 

529 
529 
529 
529 
529 
529 
529 
528 


Exchange 
rate  ad- 


Total 

(including 
exchange 
rate  adjust- 
ment) 


36 

2 

27 

4 

4 

4 

7 

27 

33 
33 
39 
40 
40 
44 
46 
48 


15,819 
15,934 
15,342 

15,513 
15,492 
15,421 
15,446 
15,385 
15,342 

15,316 
15,254 
15,226 
15,186 
15,164 
15,140 
15,221 
15,201 


DlSTRIB 


Bank 

of 

Canada 


2,009 
1,942 
2,191 

2,200 
2,238 
2,194 
2,274 
2,181 
2,191 

2,138 
2,086 
2,062 
2,066 
2,028 
2,069 
2,124 
2,156 


UTION<12> 


Chartered  i    Govern- 

Banks     I    .  ment 
Accounts 


3,112 
3,079 
2,754 

2,696 
2,679 
2,734 
2,726 
2,744 
2,754 

2,819 
2,884 
2,939 
2,917 
2,968 
2,953 
3,029 
3,024 


796 

847 

1,009 


903 
919 
932 
966 
1,009 

1,002 
1,002 
1,005 
1,007 
1,013 
1,028 
1,040 
1,052 


Total 

Currency 

and 

Bank 

Deposits 

Total 

Related 

Bank 

Assets 


8,173 
8,712 
8,737 

8,621 
8,591 
8,645 
8,657 
8,787 
8,737 

8,588 
8,656 
8,779 
8,838 
8,811 
8,889 
8,934 
8,978 


Related  Bank  Assets 


Government  of  Canada  debt 

held  by  Bank  of  Canada 

and  Chartered  Banks 


Total 


-4r    The  term  General  Public  refers  to  holdings  of  residents  as  well  as  non- 
residents; for  an  approximate  division  between  resident  and  non-resident 
holdings  on  a  quarterly  basis  see  Table  III.  page  125. 
For  a  division  of  resident  holdings  between  corporate  and  non-corporate 
holdings  as  at  year  ends  see  Table  III-B,  pages  145-146. 

t  Chartered  banks'  Newfoundland  branches  have  been  included,  since 
April  t.  1949. 

(1)  Total  Canadian  dollar  deposits  of  the  chartered  banks  and  the  Bank  of 
Canada  less:  (a)  Inactive  chartered  bank  notice  deposits  which  consist  of 
the  estimated  aggregate  minimum  quarterly  balances  in  chartered  banks' 
personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 
Canada;  (bj  Float,  i.e.  cheques  on  other  banks  as  shown  in  chartered  bank 


month-end  returns  to  the  Minister  of  Finance;  (c)  Canadian  dollar  deposits 

of  the  Government  of  Canada  at  the  chartered  banks  and  the  Bank  of 

Canada  (shown  in  "Related  Bank  Assets"  section);  (d)  Canadian  dollar 

deposits  of  the  chartered  banks  at  the  Bank  of  Canada. 

See  footnote  (l)a. 

Net  assets  of  the   chartered   banks  and   Bank   of   Canada   other   than 

Government  of  Canada  Securities. 

See  footnote  (l)c. 

For  estimated  quarterly  classification  of  Canadian  loans  see  Table  IV, 

page  113. 

Provincial,  Municipal  and  "Other"  securities. 

Net  of  all  related  asset  and  liability  items  of  the  chartered  banks  and  Bank 


General 
Public 


9,902 
10,066 
9,388 

9,733 
9,672 
9,574 
9,514 
9,494 
9,388 

9,357 
9,282 
9,220 
9,196 
9,155 
9,090 
9,028 
8,969 


5,121 
5,021 
4,945 


4,917 
4,928 
5,000 
4,925 
4,945 

4,957 
4,970 
5,001 
4,983 
4,996 
5,022 
5,153 
5,180 


Less  Govt. 
Deposits 


181 
280 
160 

248 
276 
213 
261 
130 
160 

185 
166 
111 
65 
129 
125 
230 
193 


Net 
Total 


4,940 
4,741 
4,785 

4,648 
4,641 
4,715 
4,739 
4,795 
4,785 

4,772 
4,804 
4,890 
4,918 
4,867 
4,897 
4,923 
4,987 


Other  Related  Bank  Assets"' 


Chartered  Bank  Can.  Loans 
and  non-Govt.  Securities 


Canadian 
Loans 


2,404 
2,910 
3,136 

3,127 
3,163 
3,152 
3,144 
3,219 
3,136 

3,062 
3,013 
3,047 
3,101 
3,144 
3,186 
3,198 
3,195 


Non-Govt. 
Securities 


1,015 
922 


944 
934 
924 
935 
922 

895 
886 
872 
860 
866 
858 
856 
870 


Total 


3,394 
3,925 
4,057 

4,076 
4,106 
4,086 
4,068 
4,155 
4,057 

3,956 
3,899 
3,918 
3,960 
4,010 
4,044 
4,055 
4,066 


Bk.  of  Can, 

Gold  and 

Exchange 

holdings 

(net) 


226 
49 


1 

1 

11 

49 

7 
10 

13 
3 
3 


All 
Other 
(net) 


161 
180 
154 

125 
155 
157 
151 
174 
154 

147 
63 
28 
53 
69 
55 
43 
75 


Total 


3,233 
3,971 
3,952 

3,973 
3,951 
3,930 
3,918 
3,992 
3,952 

3,816 
3,852 
3,890 
3,920 
3,944 
3,9S2 
4,012 
3,991 


as  at  Dec.  31 
1949 
1950 

1951 
End  of 
July— 1951 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 


Feb. 
Mar. 
Apr. 
May 
June 

July 

Aug. 


-1952 


3 

TOTAL  OF  CERTAIN  LIQUID  ASSETS  HELD  BY  THE  GENERAL  PUBLIC, 

AND  RELATED  FACTORS 

Liquid  assets 

Total 
Liquid 
Assets 

Related  Factors"6' 

Inactive 

Govt,  of  Canada 

Bank 

Assets 

other  than 

Govt,  of 

Canada 

Securities 

(14) 

Govt,  of 

Currency 

and 

Active 

Bank 

Deposits 

Char- 
tered 
Bank 
Notice 
Deposits 

Securities 

Total 
Related 
Factors 

Can.  Debt 
less  Govt. 
Deposits  & 
holdings  of 
Govt.Accts 

Market 
Issues 

(13) 

Non- 
market 

(10) 

Total 

as  at  Dec.  31 

4,422 

3,751 

8,675 

1,227 

9,902 

18,075 

3,233 

14,842 

1949 

4,851 

3,861 

8,848 

1,218 

10,066 

18,778 

3,971 

14,807 

1950 

4,843 

3,894 

8,194 

1,194 

9,388 

18,125 

3,952 

14,173 

1951 

4,750 

3,871 

8,753 

980 

9,733 

18,354 

3,973 

14,381 

July— 1951 

4,719     . 

3,872 

8,711 

961 

9,672 

18,263 

3,951 

14,313 

Aug. 

4,765 

3,880 

8,631 

943 

9,574 

18,219 

3,930 

14,289 

Sept. 

4,795 

3,862 

8,541 

973 

9,514 

18,171 

3,918 

14,253 

Oct. 

4,883 

3,904 

8,278 

1,216 

9,494 

18,280 

3,992 

14,289 

Nov. 

4,843 

3,894 

8,194 

1,194 

9,388 

18,125 

3,952 

14,173 

Dec. 

4,697 

3,891 

8,181 

1,176 

9,357 

17,945 

3,816 

14,129 

Jan.— 1952 

4,730 

3,926 

8,120 

1,162 

9,282 

17,938 

3,852 

14,086 

Feb. 

4,801 

3,978 

8,080 

1,140 

9,220 

17,999 

3,890 

14,110 

Mar. 

4,849 

3,989 

8,094 

1,102 

9,196 

18,034 

3,920 

14,114 

Apr. 

4,812 

3,999 

8,074 

1,081 

9,155 

17,966 

3,944 

14,022 

May 

4,870 

4,019 

8,029 

1,061 

9,090 

17,979 

3,992 

13,987 

June 

4,872 

4,062 

7,984 

1,044 

9,028 

17,962 

4,012 

13,951 

July 

4,887 

4,091 

7,940 

1,029 

8,969 

17,947 

3,991 

13,956 

Aug. 

of  Canada  which  are  not  shown  elsewhere  in  this  table;  includes  foreign 
currency  items  and  liabilities  to  shareholders. 

(8)  Net  of  sinking  fund  holdings.  For  year-end  data  back  to  1938  see 
Table  IV,  page  145.  Newfoundland  debt  assumed  by  the  Government  of 
Canada  has  been  included  since  June,  1949. 

(9)  Treasury  Bills;  Deposit  Certificates  and  short-term  notes  issued  directly  to 
the  Bank  of  Canada  and  chartered  banks. 

(10)  Refundable  Tax,  War  Savings  Certificates  and  Canada  Savings  Bonds. 

(11)  Adjustment  necessary  to  change  value  of  foreign  pay  securities  from  £1  = 
4.861  U.S.  =  4.861  Cdn.  to  current  rates  of  exchange.  Official  mid-rates  ol 
exchange  have  been  used  to  September  30, 1950  and  market  rates  thereafter. 


(12)  For  detailed  breakdown  of  distribution  of  Government  of  Canada  debt  as 
at  year-ends  see  Table  IV,  pages  145-146. 

(13)  Including  any  special  banking  issues  held  by  the  general  public. 

(14)  As  shown  in  "Other  Related  Bank  Assets",  Section  1  above. 

(15)  The  whole  of  the  increase  or  decrease  in  Canada's  foreign  exchange  reserves 
is  embodied  in  the  rehted  factors.  To  the  extent  that  such  changes  do  not 
appear  in  Section  1,  "Related  Bank  Assets",  under  the  heading  "Bank  of 
Canada  Gold  and  Exchange  holdings  (net)"  they  affect  changes  in  Govern- 
ment of  Canada  Securities  outstanding. 

Note: — Statistics  for  earlier  years  and  further  information    with  respect  to 

details  of  compilation  are  available  from  the  Research  Department, 

Bank  of  Canada,  on  request. 


145 


Millions  of  Dollars 


SEPTEMBER  1952 

HI— GENERAL  PUBLIC  HOLDINGS 

B— Approximate  division  Between  Non-Resident,  Resident 

Bank  of 


SEPTEMBER  1952 

OF  CERTAIN  LIQUID  ASSETS1" 

Corporate"'  and  Resident  Non-Corporate'3'  Holdings 

Canada 


as  at  Dec.  31 

1938 
1939 
1940 
1941 
1942 
1943 
1944 
1945 
1946 
1947 
1948 
1949 
1950* 
1951' 


Total  Currency  and  Active  Bank  Deposits 


Non- 
resident 


159 

83 

76 

89 

99 

122 

149 

249 

221 

221 

255 

421 

235 


Resident 


Corporate 


383 

463 

599 

769 

990 

1,069 

1,200 

1,257 

1,415 

1,346 

1,582 

1,608 

1,797 

1,877 


Non- 
corporate 


659 
748 
881 
1,056 
1,270 
1,558 
1,831 
2,108 
2,332 
2,377 
2,532 
2,559 
2,633 
2,731 


Total 


1,042 
1,211 
1,480 
1,825 
2,260 
2,627 
3,031 
3,365 
3,747 
3,723 
4,114 
4,167 
4,430 
4,608 


Total 


1,131 

1,370 
1,563 
1,901 
2,349 
2,726 
3,153 
3,514 
3,996 
3,944 
4,335 
4,422 
4,851 
4,843 


Inactive  Chartered  Bank  Notice  Deposits 


Non- 
resident 


120 
109 


90 
112 
121 
136 
147 
141 
124 
123 
147 
141 


Resident 


Corporate 


168 
175 
178 
183 
237 
234 
233 
211 
269 
267 
288 
331 
361 
296 


Non- 
corporate 


1,184 
1,260 
1,172 
1,162 
1,109 
1,308 
1,706 
2,044 
2,440 
2,735 
2,996 
3,297 
3,353 
3,457 


Total 


1,352 
1,435 
1,350 
1,345 
1,346 
1,542 
1,939 
2,255 
2,709 
3,002 
3,284 
3,628 
3,714 
3,753 


Total 


1,472 
1,544 
1,438 
1,433 
1,436 
1,654 
2,060 
2,391 
2,856 
3,143 
3,408 
3,751 
3,861 
3,894 


Non- 
resident 


1,411 
1,398 
1,276 
1,109 
995 
1,003 
1,035 
1,144 
1,091 
1,053 
1,158 
1,240 
1,366 
1,168 


Corporate 


Market 
Issues 


847 
919 
1,161 
1,433 
1,870 
2,624 
3,397 
3,863 
3,865 
3,576 
3,313 
3,246 
3,314 
3,139 


Government  of  Canada  Securities 


Resident 


Non- 
market 


(1)  See  footnotes  to  Table  III-A,  pages  143-144. 

(2)  Resident  corporate  includes  provincial  and  municipal  governments  and  all 
resident  financial  and  non-financial  corporations  other  than  chartered 
banks,  Bank  of  Canada  and  Government  accounts.     See  item  4  (b)  in 


Table  IV  below  for  a  detailed  list  of  these  components. 
(3)    Resident  non-corporate  corresponds  in  concept  to  the  personal  sector  of 
the  National  Accounts,  i.e.  it  includes  individuals,  farmers,  unincorporated 
business,  private  pension  funds  and  eleemosynary  institutions.     In  the 


20 
60 
184 
252 
258 
234 
170 
114 
24 


Total 


847 
919 
1,161 
1,433 
1,870 
2,644 
3,457 
4,047 
4,117 
3,834 
3,547 
3,416 
3,428 
3,163 


Non-corporate 


Market 
Issues 


970 
962 
1,207 
1,511 
2,310 
3,278 
4,239 
5,611 
4,982 
4,694 
4,368 
4,188 
4,168 
3,888 


Non- 
market 


26 

109 

169 

259 

400 

508 

985 

1,182 

1,176 

1,058 

1,104 

1,169 


Total 


970 
962 
1,233 
1,620 
2,479 
3,537 
4,639 
6,119 
5,967 
5,876 
5,544 
5,246 
5,272 
5,057 


Total 


1,817 
1,881 
2,394 
3,053 
4,349 
6,181 
8,096 
10,166 
10,084 
9,710 
9,091 
8,662 
8,700 
8,220 


Total 


3,228 
3,279 
3,670 
4,162 
5,344 
7,184 
9,131 
11,310 
11,175 
10,763 
10,249 
9,902 
10,066 
9,388 


146 


Millions  of  Dollars 


Total 


Non- 
resident 


1,620 
1,666 
1,447 
1,273 
1,174 
1,214 
1,278 
1,429 
1,487 
1,415 
1,503 
1,618 
1,934 
1,544 


Resident 


Corporate 


1,398 
1,557 
1,938 
2,385 
3,097 
3,947 
4,890 
5,515 
5,801 
5,447 
5,417 
5,355 
5,586 
5,336 


Non- 
corporate 


2,813 
2,970 
3,286 
3,838 
4,858 
6,403 
8,176 
10,271 
10,739 
10,988 
11,072 
11,102 
11,258 
11,245 


Total 


4,211 
4,527 
5,224 
6,223 
7,955 
10,350 
13,066 
15,786 
16,540 
16,435 
16,489 
16,457 
16,844 
16,581 


Total 


5,831 
6,193 
6,671 
7,496 
9,129 
11,564 
14,344 
17,215 
18,027 
17,850 
17,992 
18,075 
18,778 
18,125 


s  at  Dec.  31 
1938 
1939 
1940 
1941 
1942 
1943 
1944 
1945 
1946 
1947 
1948 
1949 
1950* 
1951* 


case  of  Government  of  Canada  market  issues  held  by  this  sector,  holdings 
are  estimated  on  a  residual  basis  (see  Table  IV  below)  and  include  all 
residual  errors. 


*       Preliminary. 

Note:  Further  information  with  respect  to  methods  and  sources  is  available 
from  the  Research  Department,  Bank  of  Canada,  on  request. 


Millions  of  Dollars 


IV— ESTIMATED  DISTRIBUTION  OF  GOVERNMENT  OF    CANADA  DIRECT  AND  GUARANTEED  FUNDED  DEBT 

December  31,  193  8  to  1951  Inclusive 
Bank  of     Canada 


Outstanding  Debt") 

1.  Direct  Funded  Debt. 

(a)  Unmatured : 

Special  banking  issues '2' 

Other  issues 

(b)  Matured  and  outstanding 

2.  Guaranteed  Funded  Debt. 

(a)    Unmatured 

Total  outstanding 

Exchange  rate  adjustment13' 

Total  (after  exchange  rate  adjustment) 

Estimated  Distribution'4) 

1.  Bank  of  Canada 

2.  Chartered  Banks'6' 

3.  Government  Accounts 

4.  General  Public. 

(a)  Non-residents 

(b)  Resident  corporate  sector: 

(i)    Refundable  tax 

(ii)    Financial  institutions; 

Life  insurance  companies. . . 

Other  insurance  companies. 

Quebec  savings  banks 

Credit  unions 

Trust  and  loan  companies. . 

Other  financial  corporations 

(iii)  Non-financial  corporations 

(iv)  Governments; 

Provincial 

Municipal 

(v)  Total  resident  corporate'6' 

(c)  Resident  non-corporate  sector:'""" 

(i)  Refundable  tax 

(ii)  Other  non-market  issues'8' 

(iii)  Market  issues""" 

(iv)  Total  resident  non-corporate'9'. . 

(d)  Total  General  Public'6' 

Total  Debt  Outstanding 


1938 


270 

3,028 

3 

1,035 
4,336 

4,336 


182 
767 
159 

1,411 


404 
55 
21 

27 
41 
180 

62 

57 

847 


970 

970 

3,228 

4,336 


1939 


470 

2,984 

4 

1,085 

4,543 

52 

4,595 


229 
949 
138 

1,398 


433 
56 

21 

31 

46 

202 


62 

919 


962 

962 

3,279 

4,595 


1940 


785 

3,352 

7 

1,031 

5,175 

64 

5,239 


572 
908 


1,276 


502 


33 

50 

360 

72 

62 

1,161 


26 
1,207 
1,233 
3,670 
5,239 


(1)  For  recent  monthly  figures  see  Table  III-A,  pages  143-144. 
See  also  footnotes  (8).  (10)  and  (11)  of  that  table. 

(2)  See  footnote  (9)  Table  III-A.  page  144. 

(3)  See  footnote  ill)  Table  III-A,  page  144. 

(4)  Recent  monthly  figures  for  main  categories  are  given  in  Table  III-A, 


1941 


1,075 

3,924 

14 

971 

5,984 

82 

6,066 


605 

1,166 

133 

1,109 


618 
78 
21 
1 
43 
62 

455 


67 
1,433 


109 
1,511 
1,620 
4,162 
6,066 


1942 


1943 


1,708 

5,771 

4 

772 

8,255 

93 

8,348 


1,012 
1,782"' 
210 

995 


818 
97 
24 
4 
54 
76 

602 

123 

72 
1,870 


2,310 
2,479 
5,344"' 
8,348 


pages  143-144. 
(5)    Chartered  banks'  temporary  advances  to  the  general  public  in  connection 
?£. "■>«,*  AT0  'WSJ"'.  Victory  Loan  Bonds  at  time  of  issue,  amounting  to 
166,261   271  and  41 1  in  the  years  1942  to  1945  inclusive,  have  been  included 
in  chartered  banks  holdings  of  Government  securities  and  deducted  from 


2,243 

8,382 

27 

715 

11,367 

80 

11,447 


1,256 
2,508"' 


1,003 

20 

1,075 
115 

34 

11 

84 
105 
932 

172 

96 

2,644 

50 
209 
3,278 
3,537 
7,184'6> 
11,447 


1944 


2,491 

11,277 

22 

608 

14,398 

73 

14,471 


1,477 

3,121  <6> 

742 

1,035 


1,363 
134 
55 
20 
117 
129 
1,240 

243 

96 
3,457 

165 

235 

4,239 

4,639 

9,131"' 

14,471 


1945 


1,796 

15,044 

15 

556 

17,411 

68 

17,479 


1,842 
3,506"' 
821 

1,144 

184 

1,659 
151 
67 
32 
161 
162 
1,195 

312 
124 

4,047 

260 

248 

5,611 

6,119 

11,310"' 

17,479 


1946 


1,546 

15,223 

32 

517 

17,318 

4 

17,314 


1,904 

3,317 

918 

1,091 

252 

1,766 
162 
77 
35 
189 
155 
1,036 

316 

129 

4,117 

262 

723 

4,982 

5,967 

11,175 

17,314 


1947 


1,200 

14,922 

22 

567 

16,711 

4 

16,707 


1,881 
2,648 
1,415 

1,053 

258 

1,754 
173 
85 
36 
196 
151 
727 

334 

120 

3,834 

284 

898 

4,694 

5,876 

10,763 

16,707 


1,300 

14,627 

35 

520 
16,482 


2,013 
2,959 
1,257 

1,158 

234 

1,585 
188 
95 
39 
183 
88 
670 

363 
102 

3,547 

223 
953 
4,368 
5,544 
10,249 
16,478 


1949 


1,200 

13,982 

53 

548 

15,783 

36 

15,819 


2,009 

3,112 

796 

1,240 

170 

1,414 

202 

97 

43 

183 

98 

715 

398 

96 

3,416 


1,058 
4,188 
5,246 
9,902 
15,819 


Millions  of  Dollars 


1950* 


1,500 

13,804 

51 

577 

15,932 

2 

15,934 


1,942 

3,079 

847 

1,366 

114 

1,229 
216 
93 
42 
185 
111 
930 

427 

81 

3,428 


1,104 
4,168 
5,272 
10,066 
15,934 


1,400 

13,419 

21 

529 

15,369 

27 

15,342 


2,191 
2,754 
1,009 

1,168 
24 


233" 
90 

41** 
175** 
100** 
920** 

425" 

75" 

3,163** 


1,169 
3,888* 
5,057* 
9,388 
15,342 


holdings  of  the  general  public. 

(6)  Includes  any  special  banking  issues  held  by  this  sector  of  the  general 
public. 

(7)  See  footnote  (3)  to  Table  III-B,  above. 

(8)  War  Savings  certificates  and  Canada  Savings  bonds. 


(9)    Includes  all  residual  errors. 
*      Preliminary. 

**     Approximation  only.  . 

Note:  Further  information  with  respect  to  methods  and  sources  is  available 
"~ ~  from  the  Research  Department,  Bank  of  Canada,  on  request. 


147 


SEPTEMBER  1952 


Cents  per  unit 


V— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 
OFFICIAL  RATES1 


!<»> 


1939  -  Sept.  16(2) 

1945  -  Oct.  15(« 

1946  -  July  6") 
1949  -  Sept.  20") 


U.  S.  Dollar  in  Canada 


Buying 


110.00 
110.00 
100.00 
110.00 


Selling 


111.00 
110.50 
100.50 
110.50 


Mid-rate 


110.50 
110.25 
100.25 
110.25 


£  Sterling  in  Canada 


Buying 


443.00 
443.00 
402.00 
307.25 


Selling 


447.00 
445.00 
404.00 
308.75 


Mid-rate 


445.00 
444.00 
403.00 
308.00 


MARKET  RATES 


(3) 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 
1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1951— Sept. 

105.75 

105.19 

105.56 

296.00 

294.38 

295.46 

Oct. 

105.50 

104.19 

105.08 

295.25 

291.63 

294.11 

Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

Feb. 

100.69 

100.00 

100.11 

280.00 

278.06 

278.43 

Mar. 

100.00 

98.38 

99.60 

280.19 

276.75 

278.60 

Apr. 

98.50 

97.88 

98.09 

276.88 

274.31 

275.43 

May 

98.75 

98.00 

98.38 

276.88 

273.94 

275.50 

June 

98.38 

97.19 

97.91 

274.13 

270.63 

272.64 

July 

97.75 

96.06 

96.92 

272.25 

267.31 

270.20 

Aug. 

96.66 

95.88 

96.14 

269.75 

267.13 

268.12 

Sept. 

96.06 

95.88 

95.98 

267.44 

266.75 

267.11 

(1)  Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16,  1939. 

(2)  Dates  on  which  official  rates  were  established  or  changed. 

(3)  Commencing  Oct.  2,  1950,  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  reported  on  transactions  between  banks  in  the  exchange 
market. 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS 


(i) 


CANADIAN    DOLLARS 

1.081 


1.05 


1.02 


.96 


93 


MONTHLY 


SEPTEMBER     1952 


CANADIAN   DOLLARS 

.08 


.05 


■HIGH 


ONDJEMAMJJASONDJFMAMJJASOND 
1950  1951  1952 

(1)    Market  rate;  see  footnote  (3)  to  table  above. 


1.02 


.99 


96 


93 


1 


SEPTEMBER  1952 


148 


Millions  of  Dollars 


VIII— CONSUMER  CREDIT  OUTSTANDING1' 

ESTIMATES  OF  SELECTED  ITEMS 


Charge 
Accounts'2) 

Instalment  Credit                i  / 

Cash 
Personal 
Loans'6' 

Total  of 

Retail 
Dealers'3' 

Finance 
Companies'4) 

Total 

Selected 
Items 

1948- 

-  Dec.  31 

300 

111 

71 

182 

266 

748 

1949- 

-  Mar.  31 

267 

105 

72 

177 

268 

712 

June  30 

299 

113 

99 

212 

286 

797 

Sept.  30 

300 

115 

109 

224 

297 

821 

Dec.  31 

328 

140 

116 

256 

308 

892 

1950- 

-  Mar.  31 

291 

130 

122 

252 

316 

859 

June  30 

313 

138 

162 

300 

346 

959 

Sept.  30 

331 

145 

192 

337 

374 

1,042 

Dec.  31 

377 

170 

202 

372 

386 

1,135 

1951  - 

-  Mar.  31 

349 

143 

210 

353 

394 

1,096 

June  30 

357 

122 

228 

350 

400 

1,107 

Sept.  30 

357 

100 

225 

325 

386 

1,068 

Dec.  31 

402 

104 

194 

298 

388 

1,088 

1952- 

-  Mar.  31* 

351 

94 

185 

279 

385 

1,015 

June  30* 

397 

138 

271 

409 

420 

1,226 

(1) 


(2) 
3 

(4) 

(5) 


Estimates  of  charge  accounts  and  instalment  receivables  outstanding  on  the  books  of  retail  dealers  do  not  include  Newfoundland.      In  the  case  of  other  items, 

Newfoundland  estimates  have  been  included  as  available  commencing  June  30,  1949.      Sources:  Dominion  Bureau   of  Statistics,  Department  of  Finance, 

Department  of  Insurance,  Department  of  Agriculture  and   Bank  of   Canada.      Further  information  with   respect   to  definitions,   sources  and   methods   is 

available  from  the  Research  Department,  Bank  of  Canada,  on  request. 

Charge  accounts  receivable  outstanding  on  the  books  of  retail  dealers.     Excludes  Newfoundland. 

Instalment  receivables  outstanding  on  the  books  of  retail  dealers.     Excludes  Newfoundland. 

Instalment  paper  held  by  sales  finance  and  acceptance  companies  in  connection  with  the  financing  of  retail  purchases  of  consumer  goods,  largely  new  and 

used  automobiles. 

Includes  estimated  personal  loans  by  chartered  banks,  small  loan  companies,  licensed  money  lenders  and  credit  unions. 

Preliminary. 


MILLIONS   OF   DOLLARS 


CONSUMER   CREDIT   OUTSTANDING 

ESTIMATES  OF  SELECTED  ITEMS 
QUARTERLY 


<n 


MILLIONS  OF  DOLLARS 


1200 


900 


600 


TOTAL  - 

D    M     J     S 

D    M    J     S    D 

M    J     S 

D 

M     J 

S 

D 

M    J     S 

1948 

1949 

1950 

195 

1952 

(1)  See  footnotes  to  table  above 

M      J       S 
1952 


149 


SEPTEMBER  1952 


VII— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals(1> 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1951— May 

3.24 

3.18 

2.62 

2.28 

June 

3.25 

3.15 

2.62 

2.35 

July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Mar. 

3.57 

3.50 

3.00 

2.29 

Apr. 

3.55 

3.52 

3.02 

2.34 

May 

3.47 

3.43 

3.04 

2.37 

June 

3.55 

3.53 

3.15 

2.55 

July 

3.62 

3.61 

3.33 

2.79 

Aug. 

3.70 

3.67 

3.41 

2.86 

Sept. 

3.67 

3.71 

3.49 

3.01 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada <2) 

U.K.<3» 

U.S.A."' 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

3.20 

3.43 

2.69 

3.24 

3.55 

2.70 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

3.52 

4.29 

2.70 

3.52 

4.21 

2.60 

3.46 

4.29 

2.53 

3.49 

4.47 

2.55 

3.57 

4.45 

2.55 

3.61 

4.26 

2.65 

3.62 

4.12 

2.68 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.755 

.512 

1.626 

.754 

.512 

1.467 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

.943 

2.315 

1.784 

.979 

2.364 

1.650 

1.019 

2.384 

1.725 

1.075 

2.402 

1.753 

1.109 

2.466 

1.810 

1.102 

2.452 

1.903 

1.139 

2.486 

1.774 

(1)  Payable  in  Canada  only.         (2)  Government  of  Canada  3%  due  Sept.  1,  1961-66.         (3)   United  Kingdom  3%  due  Apr.  IS,  1959-69. 
(4)   U.S.  Treasury  2J4%  due  Dec.  15,  1963-68;  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


VIII— OFFICIAL  HOLDINGS  OF  GOLD  AND  U.S.  DOLLARS 


(i) 


Millions  of  U.S.  Dollars 


Department  of  Finance 


Jan. 


Feb. 


Mar. 


Apr. 


May 


June 


July 


Aug. 


Sept. 


Oct. 


Nov. 


Dec. 


1949 


Gold 

U.S.  Dollars.... 

407.2 
614.7 

406.6 
637.3 

408.1 
659.1 

397.7 
593.5 

409.7 
567.5 

419.3 
557.6 

976.9 

427.2 
545.9 

439.7 
547.4 

450.2 
535.1 

461.7 
545.7 

475.4 
593.0 

486.4 
630.7 

Total 

1,021.9 

1,043.9 

1,067.2 

991.2 

977.2 

973.1 

987.1 

985.3 

1,007.4 

1,068.4 

1,117.1 

1950 


1951 


1952 


Gold 

U.S.  Dollars...  . 

500.3 
649.1 

500.7 
675.2 

502.3 
689.9 

1,192.2 

502.3 
674.9 

506.2 
676.2 

509.5 
745.9 

521.8 
798.7 

533.4 
970.8 

542.8 
1,246.8 

1,789.6 

558.3 
1,268.3 

569.9 
1,217.3 

1,787.2 

580.0 
1,161.5 

Total 

1,149.4 

1,175.9 

1,177.2 

1,182.4 

1,255.4 

1,320.5 

1,504.2 

1,826.6 

1,741.5 

Gold 

U.S.  Dollars.... 

596.0 
1,147.3 

1,743.3 

606.9 
1,134.8 

1,741.7 

610.4 
1,043.0 

625.3 
1,039.0 

634.4 
1,047.2 

1,681.6 

645.7 
1,037.3 

1,683.0 

662.9 
1,005.8 

1,668.7 

672.7 
889.1 

682.6 
927.5 

724.2 
953.9 

792.2 
956.7 

841.7 
936.9 

Total 

1,653.4 

1,664.3 

1,561.8 

1,610.1 

1,678.1 

1,748.9 

1,778.6 

Gold 

U.S.  Dollars  .  .  . 

847.0 
936.5 

855.7 
931.3 

866.2 
921.0 

870.0 
932.7 

876.2 
930.5 

884.4 
943.3 

878.2 
966.8 

873.9 
974.0 

883.1 
972.5 

Total 

1,783.5 

1,787.0 

1,787.2 

1,802.7 

1,806.7 

1,827.7 

1,845.0 

1,847.9 

1,855.6 

(1)  Gold  and  United  States  Dollars  held  by  the  Exchange  Fund  Account  and  Bank  of  Canada  and  United  States  Dollars  held  by  Other  Government  of  Canada 
Accounts;  not  including  any  part  of  an  amount  of  $98.8  million  in  U.S.  Funds  borrowed  in  the  United  States  in  August  1949  by  the  Government  of  Canada  and 
set  aside  for  the  purpose  of  retiring  an  equal  amount  of  certain  securities  payable  in  U.S.  dollars  in  following  months.  Also  excludes,  in  September  1950  only, 
an  amount  of  $50.0  million  set  aside  from  reserves,  as  well  as  $50.0  million  obtained  through  a  bond  issue  in  New  York,  to  redeem  a  Government  of  Canada 
issue  of  $100  million,  payable  in  U.S.  dollars  and  falling  due  on  October  1,  1950. 


SEPTEMBER  1952 


150 


IX— GOVERNMENT  BOND  YIELDS0 

Bank  of  Canada 


1949 


Dec.  31 


1950 


Mar.  31  June  30  Sept.29|Dec.  30 


1951 


Mar.  31  June  30  Sept.28  Dec   31 


1952 


Mar.31jJune30[Sept.30 


Government 

of  Canada 

1.72 

1.76 

1.79 

1.80 

2.17 

2.67 

2.30 

2.20 

1.68 

1.93 

2.55 

2.34 

2.35 

2.35 

2.47 

2.76 

3.16 

3.07 

3.05 

3.22 

3.20 

3.28 

2.59 

2.63 

2.62 

2.65 

3.02 

3.19 

3.15 

3.13 

3.40 

3.46 

3.58 

2.72 

2.77 

2.78 

2.74 

3.02 

3.22 

3.24 

3.25 

3.49 

3.51 

3.54 

1.97 

2.01 

2.24 

2.15 

2.35 

2.91 

2.92 

2.66 

2.60 

2.73 

2.58 

2.64 

2.61 

2.70 

2.72 

2.70 

2.96 

3.02 

2.93 

3.06 

3.04 

2.93 

2.24 

2.17 

2.50 

2.52 

2.59 

2.95 

3.12 

2.86 

3.15 

2.70 

2.65 

Internal  Issues 

1J^%  due  Nov.    1,  1952<2». 

3%  due  Nov.    1,  1953/56 

3%  due  June    1,  1957/60 

3%  due  Sept.    1,  1961/66 

New  York  Issues 
3M%due  Jan.  15,  1956/61. 
2%%  due  Sept.  1,  1974<2>.. 
4^%  due  July    1,  1957<3>.. 


2.00 
3.48 
3.74 
3.62 


2.45 
2.98 
2.61 


United  States  Government 


1%%  due  Mar.  15,  1954<2>. 

2^2%  due  Mar.  15,  1956/58 

2^2%  due  Dec.  15,  1963/68 

2lA%  due  Dec.  15,  1967/72 


1.31 

1.40 

1.46 

1.57 

1.62 

2.01 

1.97 

1.95 

2.07 

1.78 

1.92 

1.46 

1.54 

1.62 

1.67 

1.80 

2.17 

2.14 

2.09 

2.19 

2.10 

2.16 

2.08 

2.19 

2.27 

2.30 

2.35 

2.53 

2.71 

2.60 

2.70 

2.67 

2.56 

2.24 

2.35 

2.42 

2.44 

2.45 

2.56 

2.69 

2.62 

2.75 

2.70 

2.63 

2.03 
2.43 
2.75 
2.77 


United  Kingdom  Government 


2Ji%due  Feb.    15,  1955<2>. 

3%  due  Oct.    15,  1955/59 
2H%  due  May     1,  1964/67 

3%  due  Aug.  15,  1965/75 


2.23 

2.05 

1.88 

1.84 

1.79 

2.00 

1.75 

2.42 

3.12 

3.61 

2.49 

2.54 

2.42 

2.32 

2.25 

2.25 

2.50 

2.06 

3.05 

3.42 

3.47 

3.07 

3.10 

3.03 

2.88 

2.95 

3.15 

3.35 

3.35 

3.85 

4.09 

4.36 

3.39 

3.44 

3.43 

3.22 

3.26 

3.43 

3.68 

3.69 

4.15 

4.33 

4.56 

2.96 
3.16 
4.00 
4.19 


(1)   Based  on  approximate  market  bid  side. 


(2)  New  issue. 


(3)  Canadian  National  Railways  (Guaranteed  by  Canada). 


Millions  of  dollars 


X— INTERNATIONAL  SALES  AND  PURCHASES  OF  SECURITIES 

Dominion  Bureau  of  Statistics 


(1)(2) 


Total 
Sales 

Total 
Pur- 
chases 

Net  Sales 

or  Net 
Purchases 

United  States 

United  Kingdom 

Other  Countries 

Quarterly  Totals 

Sales  to 

Purchases 
from 

Sales  to 

Purchases 
from 

Sales  to 

Purchases 
from 

By  Type  of  Security  :- 

1951  —  11       Bonds 

Shares 

III  Bonds 

Shares 

IV  Bonds 

Shares 

1952—1       Bonds 

Shares 

II        Bonds 

31.6 
76.4 

29.6 
84.0 

81.1 
104.2 

26.8 
123.1 

37.0 
109.8 

38.1 
67.4 

38.5 

74.2 

133.5 
77.5 

50.7 
91.2 

74.3 
86.5 

6.5 
9.0 

8.9 
9.8 

52.4 
26.7 

23.8 
32.0 

37.2 
23.3 

30.7 
65.8 

28.2 
73.7 

72.8 
95.3 

23.7 
111.4 

30.8 
102.3 

36.8 
60.5 

37.5 
68.7 

130.3 
71.3 

48.5 
81.6 

70.6 

76.5 

.6 
.8 

.9 
1.4 

4.5 
1.3 

1.6 
1.8 

4.7 
2.3 

1.0 
3.9 

.6 
2.4 

2.7 
2.5 

1.2 
4.6 

3.5 
5.6 

.3 
9.8 

.5 
8.9 

3.8 
7.6 

1.5 
10.0 

1.5 
5.2 

.4 

3.0 

.4 
3.1 

.5 
3.7 

.9 
5.0 

.2 

Shares 

4.4 

By  Nationality  of  Issuer  and 
Type  of  Security:-  1952  —  II 
Canada:  Bonds;  Govt,  of  Canada 
direct  and  guaranteed. . 
Other  bonds 

13.8 
19.8 
94.1 

.9 
15.3 

.8 
.4 

.3 
1.6 

54.3 
17.6 
71.4 

1.0 
14.7 

.2 

.4 

.2 
1.1 

40.5 
2.2 

22.7 

./ 
.6 

.6 
.1 
.5 

11.1 
17.4 
87.0 

.6 
15.3 

.1 
1.6 

51.7 
17.1 
61.7 

1.0 

14.7 

.1 
.8 

2.4 
1.3 
1.8 

.2 

.7 
.4 

2.6 

.3 

5.2 

.2 
.4 

.2 
.3 

.3 
1.1 
5.2 

.1 

.1 
.1 

Shares 

4.4 

United  States:       Bonds 

Shares 

_ 

United  Kingdom:  Bonds 

Shares 

_ 

Other  Countries:   Bonds 

Shares 

_ 

Unclassified:           Bonds 

Total  All  Securities 

146.9 

160.8 

13.9 

133.2 

147.1 

7.0 

9.1 

6.7 

4.6 

(1) 


(2) 


Statistics  are  compiled  from  reports  received  from  the  Canadian  Bankers'  Association,  the  Investment  Dealers'  Association, 'the  Canadian  stock  exchanges 
and  certain  U.  S.  brokerage  firms  with  branches  in  Canada  but  which  are  not  members  of  the  foregoing  organizations.  The  series  do  not  include  transactions 
occurring  through  other  dealers  in  Canada  or  those  undertaken  directly  by  Canadians  through  dealers  abroad. 

New  issues  and  retirements  abroad,  i.e.  directly  floated  or  redeemed  outside  Canada,  and  domestic  retirements  are  excluded  but  the  series  do  include  foreign 
participation  in  new  issues  floated  within  Canada. 


151 


Thotisands 


Week  ending 


With  Jobs'3' 

At  work  35  or  more  hours 

"        "     15  -  34  hours 

"        "       1-14  hours 

Not  at  work  due  to  illness 

bad  weather 

vacation 

labour  dispute 

temporarily  laid  ofr(4) 
other  reasons 

Without  Jobs  and  Seeking  Work<6>. . . 

Civilian  Labour  Force 

Armed  Services 

Total  Labour  Force 

Not  in  Labour  Force 

Permanently  unable  or  too  old  to  work. . 

Housekeeping 

Going  to  school - • 

Retired  or  voluntarily  idle 

Others 

Total  Non-Institutional  Population 
14  Years  of  Age  and  Over 


Feb.  21 


4,657 

4,024 

372 

102 

92 

18 

21 

* 

16 


4,812 
34 

4,846 

4,222 

295 

2,958 

640 

323 


9,068 


SEPTEMBER  1952 

XI— LABOUR  FORCE  STAT 

Dominion  Bure 


SEPTEMBER  1952 

US  OF  THE  POPULATIONS 

au  of  Statistics 


1948 


June  5 


4,915 

4,361 

330 

126 

47 

* 

29 


4,996 
36 

5,032 

4,057 

269 

2,883 

579 

312 

14 


9,089 


Sept.  4 


5,008 

4,420 

311 

101 

42 

* 

120 


67 

5,075 
37 

5,112 

4,025 

266 

2,920 

70 

758 

11 


9,137 


Nov.  20 


4,829 

4,310 

323 

103 

57 

20 


105 

4,934 
38 

4,972 

4,203 

263 

2,991 

614 

326 


9,175 


1950 


Mar.  5 


4,655 

4,055 
385 
91 
78 
11 
13 

14 


196 

4,851 
41 

4,892 

4,328 

265 

3,051 

646 

360 


9,220 


June  4 


4,970 

4,440 
335 
106 

47 
* 

27 


5,071 
45 

5,116 

4,140 

253 

2,959 

581 

339 


9,256 


Aug.  20 


5,100 

4,475 

307 

91 

40 

* 

174 


5,197 
45 

5,242 

4,046 

266 
3,013 

* 

757 


9,288 


Oct.  29    Mar.  4 


4,995 

4,436 
363 
100 


26 


5,140 
46 

5,186 

4,359 

279 

3,098 

616 

361 


9,545 


4,735 

3,990 

476 

118 

73 

15 

15 


5,043 
47 

5,090 

4,511 

270 

3,128 

658 

444 

11 


9,601 


June  3<2>   Aug.  19 


4,743 

4,263 
311 

87 
39 

* 

22 


139 

4,882 
47 

4,929 

4,158 

244 

2,924 

603 

377 

10 


9,087 


5,160 

4,511 

292 

92 

44 

201 


5,262 
47 


4,341 

261 
3,181 

* 

879 

17 


9,650 


Nov.  14 


5,025 

4,461 

375 

91 

49 

21 

* 

18 


115 

5,140 
60 

5,200 

4,498 

245 

3,158 

650 

432 

13 


Mar.  3 


4,944 

4,200 
428 
109 
133 

15 
17 

* 

31 
11 


5,114 
66 

5,180 

4,574 

270 

3,168 

665 

458 

13 


9,754 


June  2 


5,172 

4,632 

335 

144 

43 

26 


5,225 
82 

5,337 

4,459 

236 

3,125 

643 

441 

14 


Aug.  18 


5,226 

4,579 

309 

79 

41 

* 

224 

17 
* 

77 

5,343 
83 

5,426 

4,401 

228 
3,260 

25 
856 

32 

9,827 


Nov.  3 


5,110 

4,458 

451 

82 

55 

* 

29 


5,210 
85 

5,295 

4,580 

246 

3,229 

656 

435 

14 


9,875 


Mar.  1 


4,967 

4,305 
389 
93 
76 
20 
20 
* 

51 

10 


5,179 
94 

5,273 

4,708 

248 

3,233 

697 

514 

16 


9,981 


1952 


May  31 


5,222 

4,655 

330 

108 

54 

33 
12 
19 


5,329 
98 

5,427 

4,581 

230 

3,219 

703 

415 

14 


10,008 


152 


Thousands 


Aug.  16 


5,333 

4,606 

267 

76 

39 

* 

305 

12 
18 


5,419 
98 

5,517 

4,521 

224 
3,298 

951 
48 


10,038 


t     Series  based  on  revised  population  estimates  for  inter-censal  years. 

(1)  DBS  estimates  based  on  data  from  a  1%  sample  (2%  in  urban  areas  each 
June)  of  households.  The  estimates  are  therefore  subject  to  sampling  error 
which,  in  general,  is  relatively  larger  the  smaller  the  estimate.  Includes 
Newfoundland  commencing  Oct.  29,  1949. 

(2)  Excluding  Manitoba  which  was  not  covered  due  to  flood  conditions. 

(3)  The  number  with  jobs  in  aEriculture  was  960,  1.177.  1.237,  978,  944,  1,110, 
1,218,  1,031.  925.  964,  1,133,  953,  834,  997,  1,067,  875,  825,  924  and 
1,007  respectively. 


*     Less  than  ten  thousand. 

(4)  Persons  with  definite  instructions  to  return  to  work  within  30  days  of 
being  laid  off. 

(5)  Includes  persons  with  jobs  but  not  at  work  and  looking  for  work,  and 
persons  who  would  have  looked  for  work  except  that  they  were  temporarily 
ill,  on  prolonged  lay-off,  or  believed  that  no  work  was  available. 

(6)  Persons  without  jobs  and  in  addition  some  who  worked  1-35  hours  and 

were  also  looking  for  work. 
**    Not  available. 


Persons  Looking  for  Work 

Without  jobs 

At  work    1-14  hours 

"       "      15-34  hours 


95 
83 


84 

77 


109 

100 


228 

212 


121 

107 


XII— BUSINESS  ACTIVITY 

Dominion  Bureau  of  Statistics 


AnnualTotalafsi 
1932 
1937 
1947 
1948 
1949 
1950 
1951 
12-mths.  ending 
Aug.  1952 
Monthly 
1951— July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 
Feb. 

Mar. 
Apr. 
May 
June 
July 
Aug. 


Production 


Gold 


3,044 
4,096 
3,070 
3,530 
4,124 
4,441 
4,364 

4,386 

344.4 
345.1 
359.0 
378.4 
372.4 
376.0 

354.6 
352.7 
364.7 
363.1 
365.9 
356.4 
373.2 


Nickel 


15 
112 
119 
132 
129 
124 
138 

140 

11.8 
12.3 
11.7 
11.8 
11.6 
11.4 

11.8 
10.7 
12.3 
12.3 
11.3 
12.5 
10.4 
11.9 


Steel 


380 
1,571 
2,945 
3,202 
3,187 
3,384 
3,567 

3,688 

274.6 
286.8 
268.2 
309.4 
307.1 
296.5 

317.0 
305.9 
339.4 
316.6 
330.5 
305.5 
293.4 
298.9 


News- 
print 
(i) 


2,186 
3,998 
4,820 
4,983 
5,176 
5,279 
5,516 

5,627 

452.5 
484.6 
431.1 
492.5 
471.7 
435.3 

470.5 
4578 
476.5 
471.2 
496.0 
451.9 
485.5 
486.5 


Central 
Electric 
Stations'21 


Res- 
idential 

Con- 
struction 
Contracts 
Awarded C3J 


12,296 
17,934 
37,376 
40,607 
42,103 
46,085 
51,916 

53,978 

4,206 
4,317 
4,149 
4,512 
4,473 
4,626 

4,784 
4,500 
4,702 
4,475 
4,596 
4,346 
4,358 
4,457 


29 
56 
197 
373 
464 
542 
437 

454 

43.8 
35.2 
30.0 
29.2 
47.0 
26.9 

20.0 
17.8 
30.2 
42.9 
42.6 
61.0 
64.7 
41.3 


Car 

Loadings 


Value 

of 

Department 

Store  Sales 


2,180 
2,634 
3,957 
4,060 
3,907 
3,906 
4,183 

4,151 

350 
363 
350 
390 
367 
315 

333 

316 
331 
326 
358 
347 
364 
354 


254 
289 
707 
803 
855 
873 
902 

926 

54.5 
61.5 
72.4 
81.3 
101.9 
119.8 

55.2 
60.2 
70.2 
75.1 
83.7 
77.1 
59.8 
69.6 


Employ- 
ment 
Index 

(4) 

Unadjusted 


(6) 

(6) 
158.3 
165.0 
165.5 
168.0 
180.2 

182.8 

183.6 
184.3 
185.4 
186.5 
186.4 
186.6 

181.0 
177.8 
178.0 
177.9 
177.4 
182.5 
185.5 
188.1 


Aggregate 

Payrolls 

Index 

(4) 

Unadjusted 


(6) 

(6) 
245.2 
282.9 
303.7 
321.8 
381.3 

411.8 

392.5 
394.0 
400.2 
410.0 
413.4 
416.7 

388.8 
402.9 
409.0 
411.5 
410.6 
420.2 
426.3 
431.5 


XIII 

CANADA 

Dominion  Bureau  of  Statistics 


-WHOLESALE  PRICES 

U.S.A.  U.K. 

Bureau  of  Labour  Statistics  Bd.  Trade 


Aver,  of  Mths. 
1926 
1939 
1947 
1948 
1949 
1950 
1951 
Monthly 
1951— June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1952— Jan. 
Feb. 

Mar. 
Apr. 
May 
June 
July 
Aug. 


(1)    Source:  Newsprint  Association  of  Canada.     Includes  Newfoundland.  (2)  Total  output  less  exports  and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.         (3)  Source:  McLean  Building  Reports.  Ltd.  (4)  9  Leading  industries.       First  of  month  figures.  (5)  Average  of 

months  in  case  of  Employment  and  Payrolls  Indexes.  (6)  Not  available. 


Total 
Index 


Farm  Products'" 


Fieldf      Animal     Totalt 


Raw  and 
Partly 
Manu- 
factured 


Fully  & 
Chiefly 
Manu- 
factured 


Index  1935 -39  =  100 


130.3 
99.2 
163.3 
193.4 
198.3 
211.2 
240.2 

243.0 
243.7 
241.4 
240.0 
239.6 
239.1 
237.7 

236.8 
232.6 
230.8 
226.9 
224.8 
226.5 
225.5 
223.9 


158.5 
83.7 
184.1 
200.6 
191.9 
191.9 
193.4 

192.0 

195.4 

178.3t 

181.7 

188.1 

201.4 

204.4 

208.0 
205.1 
213.3 
217.1 
223.2 
227.6 
213.3 
195.3 


130.2 
101.5 
200.2 
263.7 
265.4 
281.4 
336.9 

353.1 
358.9 
348.3 
339.2 
330.4 
328.5 
328.9 

318.2 
297.3 
283.3 
273.7 
265.4 
271.4 
275.3 
277.2 


144.4 
92.6 
192.2 
232.1 
228.7 
236.7 
265.1 

272.6 

277.1 

263 .3f 

260.5 

259.3 

264.9 

266.7 

263.1 
251.2 
248.3 
245.4 
244.3 
249.5 
244.3 
236.2 


129.1 
94.9 
164.3 
196.3 
197.1 
212.8 
237.9 

244.0 
242.5 
237.1 
235.7 
236.3 
237.1 
236.0 

233.3 
227.8 
225.5 
221.3 
220.2 
220.6 
218.5 
216.3 


133.0 
101.9 
162.4 
192.4 
199.2 
211.0 
242.4 

243.6 
245.6 
245.0 
243.7 
242.7 
241.5 
239.8 

239.7 
236.2 
234.6 
230.7 
228.1 
230.6 
230.0 
228.8 


Total 
Index 


Farm 
Products 


Pro- 
cessed 
Foods 


All  Other 

Com- 
modities 


Index  1947-49  =  100 


65.0 
50.1 
96.4 
104.4 
99.2 
103.1 
114.8 

115.1 
114.2 
113.7 
113.4 
113.7 
113.6 
113.5 

113.0 
112.5 
112.3 
111.8 
111.6 
111.3 
111.8 
112.1 


» 

* 

* 

* 

100.0 

98.2 

107.3 

106.1 

92.8 

95.7 

97.5 

99.8 

113.4 

111.4 

113.9 

111.3 

111.1 

110.7 

110.4 

111.2 

109.9 

110.9 

111.5 

111.6 

112.0 

111.0 

111.3 

110.7 

110.0 

110.1 

107.8 

109.5 

108.2 

109.2 

108.7 

108.0 

107.9 

108.6 

107.3 

108.7 

110.2 

110.0 

109.9 

110.5 

71.5 
58.1 
95.3 
103.4 
101.3 
105.0 
115.9 

116.2 
115.7 
114.9 
114.8 
114.6 
114.5 
114.6 

114.3 
114.2 
113.8 
113.3 
113.0 
112.6 
112.5 
112.9 


Total 
Index 


124.2 
95.7 
184.1 
199.4 
189.4 
196.9 
219.3 

219.8 
218.1 
217.2 
216.6 
217.2 
217.0 
216.8 

215.8 
214.9 
214.5 
213.5 
213.1 
212.6 
213.5 
210.1 


Total 
Index 


124.8 
103.5 
193.2 
220.9 
231.6 
264.2 
321.8 

323.2 
322.2 
325.9 
327.5 
331.1 
330.9 
332.5 

337.3 
331.7 
335.3 
332.2 
329.9 
329.8 
329.3 
327.3 


,,,    .„  ,„j.„.„Hf»i  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index".      Prices  include  subsidies.        t  Participation 
p&mensi^ncK  Ad\^ed  '°  '"5-39- 100  from  base  1947-49  =  100. 

«)  Adjusted  to  1935-39  =  100  from  base  1913  =  100  in  1926  and  from  base  1930  =  100  thereafter.        »  Not  available. 


153 


SEPTEMBER  1952 


Index  1939  =  100 


XIV— EMPLOYMENT  AND  PAYROLLS 

Dominion  Bureau  of  Statistics 


EMPLOYMENT  INDEXES* 


Forestry 
(chiefly 
logging) 

Trans- 

Finance, 

Mining 

Manu- 
facturing 

Con- 
struction 

portation  & 
Communi- 
cations 

Public 
Utilities 

Trade 

Insurance, 

Real 

Estate 

Services 

Total 

Aver,  of  Months 

1947 

237.7 

94.2 

171.0 

138.1 

159.6 

139.1 

146.2 

134.9 

166.4 

158.3 

1948 

220.0 

103.4 

176.0 

153.8 

165.7 

161.3 

156.0 

141.4 

174.4 

165.0 

1949 

158.9 

106.4 

175.9 

161.2 

167.3 

181.3 

162.0 

147.4 

175.9 

165.5 

1950 

160.2 

112.2 

177.5 

165.0 

167.2 

183.6 

167.2 

155.3 

177.7 

168.0 

1951     m 

220.3 

117.7 

190.0 

177.6 

177.6 

187.5 

174.0 

169.8 

181.3 

180.2 

First  of  Month 

1950— July 

147.2 

114.8 

178.6 

184.7 

171.5 

188.9 

165.3 

155.6 

186.3 

170.8 

Aug. 

149.4 

115.1 

179.6 

190.8 

175.6 

193.4 

164.6 

156.1 

188.2 

172.5 

Sept. 

161.9 

115.0 

182.5 

194.4 

171.4 

191.7 

165.7 

155.7 

187.9 

174.1 

Oct. 

193.4 

115.6 

185.6 

189.2 

175.1 

186.7 

170.5 

159.5 

182.5 

177.1 

Nov. 

233.7 

116.0 

185.4 

185.8 

173.9 

185.5 

174.2 

159.9 

176.7 

178.1 

Dec. 

260.5 

116.8 

185.3 

180.4 

173.1 

183.3 

181.8 

159.6 

173.4 

179.2 

1951— Jan. 

256.0    * 

115.1 

182.4 

158.1 

168.1 

179.8 

184.4 

159.8 

172.9 

175.3 

Feb. 

248.3 

114.9 

184.5 

145.1 

165.0 

180.1 

169.5 

160.8 

173.3 

172.3 

Mar. 

244.1 

114.7 

186.3 

139.7 

165.7 

178.3 

168.1 

161.7 

172.5 

172.3 

Apr. 

208.0 

114.7 

188.8 

141.9 

166.7 

179.4 

170.9 

167.5 

172.9 

173.3 

May 

167.9 

115.0 

189.9 

163.4 

171.5 

183.2 

171.0 

170.8 

175.9 

175.6 

June 

188.6 

116.4 

192.0 

182.7 

176.5 

190.9 

172.8 

171.0 

180.9 

180.3 

July 

197.6 

119.0 

193.9 

190.4 

183.2 

193.8 

173.3 

172.0 

188.8 

183.6 

Aug. 

180.5 

120.0 

194.0 

199.5 

186.4 

195.8 

170.8 

172.6 

193.4 

184.3 

Sept. 

181.8 

119.5 

194.1 

206.7 

189.0 

195.3 

171.0 

173.0 

193.7 

185.4 

Oct. 

214.6 

120.1 

194.2 

206.1 

186.7 

191.8 

175.5 

173.3 

187.9 

186.5 

Nov. 

262.3 

121.4 

190.8 

203.1 

186.4 

190.7 

176.7 

176.4 

183.2 

186.4 

Dec. 

293.4 

121.6 

189.1 

194.3 

185.4 

190.5 

183.6 

178.4 

180.7 

186.6 

1952— Jan. 

288.4 

120.2 

183.6 

167.0 

181.3 

187.3 

185.2 

178.7 

178.1 

181.0 

Feb. 

275.9 

121.6 

185.2 

157.2 

177.8 

185.5 

170.4 

178.4 

177.3 

177.8 

Mar. 

266.7 

122.9 

187.3 

153.2 

177.4 

185.9 

169.3 

178.2 

178.3 

178.0 

Apr. 

200.3 

122.3 

188.3 

159.6 

181.3 

186.9 

171.3 

178.2 

181.0 

177.9 

May 

123.1 

122.4 

188.7 

174.2 

181.1 

188.4 

173.2 

178.3 

183.7 

177.4 

June 

156.6 

124.6 

190.9 

192.3 

186.9 

194.7 

174.2 

179.0 

188.5 

182.5 

July* 

148.5 

125.5 

190.6 

203.6 

190.2 

200.5 

177.2 

180.0 

196.3 

185.5 

INDEX  NUMBERS  OF  PAYROLLS 


(3) 


Aver,  of  Months 

1947 

486.4 

141.5 

272.7 

259.6 

229.7 

192.9 

211.0 

178.6 

258.7 

245.2 

1948 

495.8 

175.9 

314.1 

315.1 

263.6 

247.5 

247.0 

195.8 

292.7 

282.9 

1949 

368.5 

191.0 

339.2 

354.0 

282.0 

295.9 

275.0 

214.5 

308.8 

303.7 

1950 

388.2 

211.2 

360.2 

379.9 

286.5 

317.9 

297.4 

233.7 

320.1 

321.8 

1951     m 

616.8 

245.4 

427.6 

460.6 

333.7 

355.5 

340.0 

270.4 

349.4 

381.3 

First  of  Month 

1950— July 

350.2 

216.2 

364.1 

423.0 

296.5 

326.7 

296.7 

235.5 

332.4 

328.3 

Aug. 

366.3 

219.8 

366.7 

437.6 

303.7 

333.6 

296.9 

235.2 

333.5 

332.5 

Sept. 

407.7 

211.7 

369.9 

449.7 

261.8 

332.2 

297.5 

234.3 

329.7 

328.0 

Oct. 

481.1 

220.9 

385.1 

447.8 

309.1 

329.3 

307.6 

243.7 

334.2 

346.6 

Nov. 

587.5 

226.0 

389.7 

444.8 

305.9 

324.9 

317.1 

245.3 

326.8 

351.7 

Dec. 

647.5 

230.5 

394.6 

427.0 

309.8 

329.6 

328.1 

245.9 

324.1 

356.3 

1951— Jan. 

632.1 

217.0 

373.1 

343.8 

299.6 

321.2 

333.9 

246.5 

318.7 

338.2 

Feb. 

609.0 

233.1 

402.1 

359.8 

302.7 

326.1 

317.4 

251.2 

327.1 

351.5 

Mar. 

633.7 

235.2 

405.3 

353.8 

303.8 

331.1 

319.5 

252.1 

330.8 

353.8 

Apr. 

549.8 

230.1 

414.6 

352.0 

308.8 

331.5 

325.6 

264.6 

332.0 

357.8 

May 

472.8 

237.4 

423.7 

408.9 

317.6 

343.3 

332.9 

271.3 

340.9 

367.9 

June 

539.8 

238.3 

429.0 

459.3 

331.2 

359.2 

338.4 

272.0 

350.4 

379.0 

July 

589.7 

250.2 

440.0 

495.7 

346.2 

369.3 

345.5 

273.6 

363.7 

392.5 

Aug. 

495.2 

254.2 

440.1 

526.3 

352.9 

373.7 

342.9 

274.7 

368.0 

394.0 

Sept. 

505.5 

252.3 

446.1 

556.0 

361.3 

371.0 

342.4 

276.1 

369.3 

400.2 

Oct. 

630.2 

263.0 

454.4 

570.8 

359.2 

375.8 

354.4 

280.9 

367.0 

410.0 

Nov. 

820.3 

264.7 

451.4 

559.0 

360.5 

377.9 

358.1 

289.6 

363.7 

413.4 

Dec. 

923.3 

268.7 

451.8 

542.3 

361.0 

385.7 

368.6 

292.4 

361.5 

416.7 

1952— Jan. 

859.5 

252.5 

417.8 

410.4 

353.0 

378.8 

374.6 

292.0 

351.2 

388.8 

Feb. 

842.6 

267.8 

449.9 

454.8 

344.6 

383.9 

355.9 

292.9 

354.5 

402.9 

Mar. 

878.8 

273.4 

458.0 

455.1 

349.8 

388.0 

355.9 

296.7 

362.5 

409.0 

Apr. 

693.5 

279.2 

467.2 

476.1 

348.8 

393.0 

359.1 

302.7 

366.3 

411.5 

May 

400.8 

276.1 

468.4 

512.9 

358.9 

395.6 

363.9 

304.3 

376.1 

410.6 

June 

481.5 

282.3 

470.1 

562.3 

368.7 

409.3 

370.3 

305.4 

384.3 

420.2 

July* 

450.0 

285.8 

469.0 

583.4 

375.7 

415.2 

377.6 

306.7 

396.7 

426.3 

(1)  As  reported  by  establishments  employing  not  less  than  15  persons.     Includes  casual  and  part-time  employees. 

(2)  As  reported,  first  of  month,  for  the  last  pay  period  in  the  previous  month. 

(3)  See  footnote  (1).     Gross  payrolls  before  deductions  made  for  income  tax,  etc.     Includes  overtime  and  cost-of-living  payments. 
*  Subject  to  revision. 


. 


SEPTEMBER  1952 


154 


Index  1935-39  =  100 


XV— COST  OF  LIVING 

Dominion  Bureau  of  Statistics 


(i) 


Total 
Index 

Food 

Clothing 

Rent 

Fuel  and 
Lighting 

Home 
Furnishings 
and  Services 

Miscellaneous 

Weighting 

100 

31 

12 

19 

6 

9 

23 

Average  of  Months 

1926 

121.8 

133.3 

139.1 

115.9 

116.8 

106. 

1939 

101.5 

100.6 

100.7 

103.8 

101.2 

101.4 

101.4 

1946 

123.6 

140.4 

126.3 

112.7 

107.4 

124.5 

112.6 

1947 

135.5 

159.5 

143.9 

116.7 

115.9 

141.6 

117.0 

1948 

155.0 

195.5 

174.4 

120.7 

124.8 

162.6 

123.4 

1949 

160.8 

203.0 

183.1 

123.0 

131.1 

167.6 

128.8 

1950 

166.5 

210.9 

182.3 

132.9 

138.3 

169.2 

132.6 

1951 

184.5 

241.1 

203.1 

140.0 

147.1 

194.4 

141.3 

First  of  Month 

1951— Mar. 

179.7 

233.9 

196.3 

137.6 

146.5 

188.6 

137.8 

Apr. 

181.8 

238.4 

198.8 

137.6 

146.7 

190.7 

138.8 

May 

182.0 

235.4 

201.5 

137.6 

146.2 

194.9 

140.7 

June 

184.1 

239.8 

202.5 

139.8 

146.2 

197.1 

141.0 

July 

187.6 

249.7 

202.9 

139.8 

147.2 

197.4 

142.2 

Aug. 

188.9 

251.4 

204.6 

139.8 

148.2 

199.0 

143.7 

Sept. 

189.8 

251.1 

206.9 

142.7 

149.5 

199.1 

144.0 

Oct. 

190.4 

249.7 

213.8 

142.7 

150.2 

200.1 

144.3 

Nov. 

191.2 

250.2 

214.6 

144.8 

150.8 

199.9 

144.9 

Dec. 

191.1 

249.3 

215.5 

144.8 

150.8 

200.6 

144.9 

1952— Jan. 

191.5 

250.0 

215.3 

144.8 

151.2 

201.1 

145.7 

Feb. 

190.8 

248.1 

213.0 

144.8 

151.3 

200.1 

146.5 

Mar. 

189.1 

241.7 

211.2 

146.3 

152.5 

200.8 

146.9 

Apr. 

188.7 

240.2 

210.4 

146.3 

152.5 

200.5 

147.9 

May 

186.7 

235.3 

210.1 

146.3 

150.6 

198.2 

147.4 

June 

187.3 

237.0 

209.3 

147.9 

149.8 

197.2 

147.4 

July 

188.0 

239.5 

209.1 

147.9 

149.8 

196.7 

147.4 

Aug. 

187.6 

238.0 

208.6 

147.9 

150.1 

196.0 

147.8 

Sept. 

186.5 

234.2 

207.7 

148.9 

150.3 

195.8 

147.8 

(1)  Components  were  selected  and  weighted  on  the  basis  of  1938  family  incomes  ranging  from  $450-$2,500,  with  incomes  between  $1,000-$1,600  most  common. 


Index  1935-39  =  100 


XVI— U.S.A.  CONSUMERS'  PRICE  INDEX 

U.S.  Bureau  of  Labor  Statistics 


(n 


Total 
Index 

Food 

Apparel 

Rent 

Fuel,  Electri- 
city and 
Refrigeration 

Home 
Furnishings 

Miscellaneous 

Old  Series 

Average  of  Months 

1926 

126.4 

137.4 

120.6 

150.7 

117.2 

118.8 

102.6 

1939 

99.4 

95.2 

100.5 

104.3 

99.0 

101.3 

100.7 

1946 

139.5 

159.6 

160.2 

110.1 

112.4 

159.2 

128.8 

1947 

159.6 

193.8 

185.8 

113.6 

121.1 

184.4 

139.9 

1948 

171.9 

210.2 

198.0 

121.2 

133.9 

195.8 

149.9 

1949 

170.2 

201.9 

190.1 

126.4 

137.5 

189.0 

154.6 

1950 

171.2 

204.1 

188.0 

124.1 

141.1 

190.8 

157.1 

1951 

185.9 

227.2 

206.2 

128.8 

146.0 

212.8 

166.8 

New  Series 

Average  of  Months 

1950 

171.9 

204.5 

187.7 

131.0 

140.6 

190.2 

156.5 

1951 

185.6 

227.4 

204.5 

136.2 

144.1 

210.9 

165.4 

Mid-Month 

1951— Apr. 

184.6 

225.7 

203.6 

135.1 

144.0 

211.8 

164.6 

May 

185.4 

227.4 

204.0 

135.4 

143.6 

212.6 

165.0 

June 

185.2 

226.9 

204.0 

135.7 

143.6 

212.5 

164.8 

July 

185.5 

227.7 

203.3 

136.2 

144.0 

212.4 

165.0 

Aug. 

185.5 

227.0 

203.6 

136.8 

144.2 

210.8 

165.4 

Sept. 

186.6 

227.3 

209.0 

137.5 

144.4 

211.1 

166.0 

Oct. 

187.4 

229.2 

208.9 

138.2 

144.6 

210.4 

166.6 

Nov. 

188.6 

231.4 

207.6 

138.9 

144.8 

210.8 

168.4 

Dec. 

189.1 

232.2 

206.8 

139.2 

144.9 

210.2 

169.1 

1952— Jan. 

189.1 

232.4 

204.6 

139.7 

145.0 

209.1 

169.6 

Feb. 

187.9 

227.5 

204.3 

140.2 

145.3 

208.6 

170.2 

Mar. 

188.0 

227.6 

203.5 

140.5 

145.3 

207.6 

170.7 

Apr. 

188.7 

230.0 

202.7 

140.8 

145.3 

206.2 

171.1 

May 

189.0 

230.8 

202.3 

141.3 

144.6 

205.4 

171.4 

June 

189.6 

231.5 

202.0 

141.6 

144.8 

204.4 

172.5 

July 

190.8 

234.9 

201.4 

141.9 

146.4 

204.2 

173.0 

Aug. 

191.1 

235.5 

201.1 

142.3 

147.3 

204.2 

173.2 

(1)  The  U.S.A.  Consumers'  Price  Index  was  provisionally  revised  in  January  1950  to  bring  the  index  into  closer  conformity  with  current  consumption  patterns, 
as  well  as  to  incorporate  an  adjustment  in  the  rent  index  and  in  population  weights.  For  further  details,  see  "Monthly  Labor  Review",  U.S.  Bureau  of 
Labor  Statistics,  April  1951. 


155 


SEPTEMBER  1952 


XVII— CASH  INCOME  FROM  THE  SALE  OF  FARM  PRODUCTS 


en 


Millions  of  Dollars 

Domin 

ion  Bureau 

of  £>tatisti 

cs 

BY  PRODUCTS 

BY  REGIONS 

Total 

(2) 

Participa- 

Dairy 

Ontario 

(inch 
certain 

Field 

tion  & 

Livestock 

Products 

All 

Total 

Maritimes 

and 

Western 

Total 

Govt.  (3) 

Crops 

Equaliza- 
tion Payts. 

Poultry  & 
Eggs 

Other 

Quebec 

Provinces 

Payments) 

Calendar  Years 

1926 

542 

- 

193 

187 

43 

966 

41 

348 

577 

966 

966 

1929 

471 

- 

215 

203 

49 

938 

41 

367 

530 

938 

938 

1933 

184 

- 

84 

128 

27 

423 

25 

194 

204 

423 

423 

1936 

247 

- 

149 

158 

37 

591 

35 

258 

298 

591 

591 

1937 

252 

- 

186 

165 

39 

642 

39 

292 

312 

642 

642 

1938 

286 

_ 

157 

172 

39 

653 

37 

293 

323 

653 

653 

1939 

332 

- 

179 

166 

39 

716 

35 

309 

372 

716 

718 

1940 

291 

- 

226 

171 

46 

735 

38 

329 

368 

735 

745 

1941 

314 

- 

302 

219 

51 

885 

45 

415 

426 

885 

915 

1942 

347 

- 

374 

314 

63 

1,099 

58 

530 

512 

1,099 

1,154 

1943 

516 

_ 

445 

367 

79 

1,407 

71 

585 

752 

1,407 

1,438 

1944 

825 

47 

514 

400 

90 

1,829 

75 

628 

1,126 

1,829 

1,847 

1945 

654 

10 

526 

422 

93 

1,696 

79 

691 

926 

1,696 

1,702 

1946 

708 

39 

503 

431 

101 

1,742 

87 

738 

917 

1,742 

1,759 

1947 

845 

79 

496 

497 

127 

1,965 

90 

830 

1,045 

1,965 

1,977 

1948 

1,021 

180 

726 

578 

138 

2,463 

105 

1,021 

1,338 

2,463 

2,484 

1949 

1,064 

220 

755 

537 

130 

2,487 

99 

1,023 

1,365 

2,487 

2,504 

1950 

758 

50 

820 

501 

139 

2,220 

108 

1,039 

1,072 

2,220 

2,233 

1951 

1,122 

313 

906 

634 

163 

2,826 

121 

1,227 

1,477 

2,826 

2,836 

6  Months  end'g 

June  1950 

202 

6 

377 

232 

70 

887 

51 

496 

339 

887 

900 

June  1951 

255 

183 

456 

276 

83 

1,252 

55 

590 

607 

1,252 

1,261 

June  1952* 

438 

64 

363 

275 

87 

1,228 

61 

562 

604 

1,228 

1,229 

(1)  Excludes  Newfoundland. 

(2)  Wheat  participation  and  adjustment  payments,  oats  and  barley  equalization  payments  and  flax-seed  adjustment   payments.     The  wheat  participation  and 
adjustment  payments  for  the  years  1944  to  1951  inclusive  amounted  to  47,  10,  39,  74,  158,  211,  8  and  271  million  dollars  respectively. 

(3)  Payments  under  the  Wheat  Acreage  Reduction  Act,  the  Prairie  Farm  Assistance  Act  and  the  Prairie  Farm  Income  Act.     *  Preliminary. 


VIII— EXPORTS  AND  IMPORTS: 

Index  1948  =  100 


INDEXES  OF  TOTAL  VALUE,  UNIT  VALUE  AND  VOLUME 

Dominion  Bureau  of  Statistics 


EXPORTS 

IMPORTS 

Terms  of 
Trade d) 

Total  Value 

Unit  Value 

Volume 

Total  Value 

Unit  Value 

Volume 

Annual  Index 

1946 

75.2 

79.9 

94.1 

73.0 

76.5 

95.4 

104.4 

1947 

90.2 

91.6 

98.5 

97.6 

88.0 

110.9 

104.1 

1948 

100.0 

100.0 

100.0 

100.0 

100.0 

100.0 

100.0 

1949 

97.3 

103.3 

94.2 

104.7 

102.6 

102.0 

100.7 

1950 

101.4 

108.3 

93.6 

120.4 

110.3 

109.2 

98.2 

1951 

127.3 

122.5 

103.9 

154.8 

126.0 

122.9 

97.2 

Quarterly  Average 
1950—    I 

84.4 

104.7 

80.6 

98.6 

107.8 

91.4 

97.1 

II 

101.7 

106.3 

95.6 

122.0 

107.9 

112.2 

98.5 

III 

102.7 

110.2 

93.2 

122.4 

110.8 

110.4 

99.5 

IV 

116.8 

111.8 

104.5 

138.8 

114.8 

121.1 

97.4 

1951—    I 

105.3 

117.7 

89.5 

143.3 

122.3 

117.2 

96.2 

II 

121.1 

122.0 

99.2 

175.7 

129.2 

136.0 

94.4 

III 

135.8 

124.8 

108.9 

157.4 

127.7 

123.2 

97.7 

IV 

147.0 

125.8 

116.8 

142.6 

122.4 

116.4 

102.8 

1952—    I 

128.4 

124.5 

103.1 

138.5 

117.6 

117.9 

106.0 

II 

143.4 

121.3 

118.2 

156.3 

111.1 

140.7 

109.1 

Monthly  Average 

1952— Jan. 

126.3 

125.0 

101.0 

139.6 

119.9 

116.4 

104.3 

Feb. 

120.8 

124.7 

96.9 

128.0 

117.6 

108.8 

106.0 

Mar. 

138.1 

123.9 

111.5 

148.0 

115.2 

128.5 

107.6 

Apr. 

135.3 

122.1 

110.8 

147.2 

113.2 

130.0 

107.9 

May 

148.6 

121.0 

122.8 

174.7 

110.8 

157.7 

109.2 

June"' 

146.2 

120.7 

121.1 

147.0 

109.5 

134.2 

110.2 

July<« 

144.8 

120.6 

120.0 

155.9 

108.1 

144.2 

111.6 

(1)    Index  of  export  unit  value  divided  by  index  of  import  unit  value 

fy\         !"■'»- till  m  ino  rit 


(2)    Preliminary. 


SEPTEMBER  1952 


156 


Millions  of  Dollars 


XIX— EXPORTS  AND  IMPORTS  BY  COUNTRIES(1) 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 
MERCHANDISE  EXPORTS'2' 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Non- 
monetary 

U.S.A. 

U.K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Gold 

cies 

South 
Africa 

Area 
(3) 

Colonies 
(4) 

South 
America 

(5) 

Countries 

Exports 

Calendar  Years 

1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12  Mths.  end'g 

Aug.  1952<6> 

2,304 

778 

86 

44 

180 

454 

.  282 

172 

4,300 

145 

Monthly 

1951-Apr. 

188.5 

43.8 

5.2 

6.5 

11.4 

17.8 

14.9 

15.2 

303.4 

16.2 

May 

206.2 

51.4 

6.3 

4.3 

9.2 

20.6 

18.0 

15.9 

331.9 

13.0 

June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan. 

191.1 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.4 

Feb. 

175.8 

44.1 

8.3 

4.1 

15.7 

32.0 

27.7 

12.1 

319.9 

13.2 

Mar. 

190.0 

69.6 

8.6 

4.5 

19.7 

28.2 

24.1 

14.3 

359.0 

15.0 

Apr. 

182.8 

69.4 

6.5 

3.5 

15.3 

23.6 

26.6 

13.0 

340.8 

11.2 

May 

194.2 

96.4 

8.8 

4.3 

15.5 

40.6 

23.2 

12.2 

395.2 

8.5 

June 

197.0 

81.6 

6.8 

2.9 

14.0 

45.4 

21.1 

16.2 

385.0 

14.6 

July 

190.6 

68.0 

6.6 

1.8 

18.1 

46.7 

21.2 

20.8 

373.7 

14.9 

Aug.<6» 

180.7 

63.1 

4.8 

2.2 

12.0 

47.2 

14.1 

13.8 

337.9 

9.6 

Millions  of  Dollars 

MERCHANDISE  IMPORTS 

Excess  of 

TOTAL  IM 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.  K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Merch- 

(7) 

cies 

South 
Africa 

Area 

(3) 

Colonies 

(4) 

South 
America 

(5) 

Countries 

andise 
Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2,130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

12  Mths.  end'g 

July  1952'" 

2,812 

346 

130 

4 

98 

167 

282 

65 

3,902 

405 

Monthly 

1951-Apr. 

278.3 

48.9 

12.7 

.5 

9.2 

14.1 

22.2 

7.0 

393.0 

89.7 

May 

273.2 

43.2 

19.7 

.8 

11.6 

18.5 

27.3 

10.5 

404.7 

72.8 

June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec. 

203.1 

19.4 

8.4 

.3 

5.3 

9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan. 

228.7 

24.3 

8.1 

.2 

6.5 

11.8 

22.2 

5.1 

307.0 

24.0 

Feb. 

211.8 

21.3 

8.9 

.3 

7.7 

9.7 

18.7 

3.7 

282.0 

37.9 

Mar. 

253.5 

22.6 

6.5 

.4 

3.8 

12.5 

24.3 

3.3 

327.0 

32.0 

Apr. 

245.6 

28.4 

6.7 

.3 

6.1 

11.0 

21.6 

4.3 

323.9 

16.9 

May 

282.9 

32.1 

11.1 

.4 

8.8 

15.3 

27.3 

7.1 

384.9 

10.3 

June 

235.3 

31.3 

11.4 

.3 

5.1 

12.5 

23.2 

4.9 

324.0 

61.0 

July<6) 

246.6 

33.9 

10.8 

.3 

5.7 

11.8 

27.7 

6.2 

343.0 

30.7 

Aug.<8> 

214.3 

32.3 

303.6 

34.3 

(1)  Commencing  April   1.  1949,  external  trade  of  Newfoundland  is  included 

and   Canadian  trade   with   Newfoundland,   formerly   in   the   "All  Other"        (4) 
category,  disappears.  (5) 

(2)  Includes  exports  of  foreign  produce.  In  the  case  of  wheat  exports,  figures  are 
based   on    Board   of    Grain   Commissioners'   data   rather    than    Customs'        (6) 
clearances.     Excludes  defence  equipment  transferred  by  Canada  to  North        (7) 
Atlantic  Treaty  countries  which  in  1950  and  1951  amounted  to  56.8  and 
109.1  million  dollars  respectively. 

(3)  Consists  of  Eire,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 


Ceylon  and  Iraq.     Egypt  is  included  in  the  "All  Other"  category. 

Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

Includes  Egypt,  Spain,  Palestine,  and  also  Newfoundland  until  March  31, 

1949. 

Preliminary. 

Imports  from  the  United  Kingdom  do  not  include  articles  imported  for 

the  use  of  the  armed  forces  of  the  United  Kingdom.    In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)   and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded.         (8)  Estimates. 


157 


SEPTEMBER  1952  SEPTEMBER  1952 

XX— MERCHANDISE  EXPORTS:  COMMODITY  CLASSIFICATION 


158 


Compiled  from  "Trade  of  Canada1 

Dominion 

Bureau  of  Statistics 

Millions  of  Dollars 



Fruits 

and 

Vegetables 

Wheat 

and 
Wheat 
Flourd) 

Oats 

Other 

Grains 

and 

Products 

Live 
Cattle 

Bacon 
and 
Hams 

Other 
Meats 

Cheese 

Other 

Milk 

Products 

Eggs 

Seeds 

Other 

Farmtt) 

(incl. 

raw  wool) 

Fish 

(fresh  and 

frozen) 

Fish 

(canned  & 

salted) 

Furs 

Logs 

and 

Rounds 

Planks 

and 
Boards 

Pulpwood 

Wood  Pulp 

Newsprint 

Other 
Paper 

Other 

Wood 

Products 

Alcoholic 
Beverages 

Rubber 

&  Products 

(incl. 

Calendar  Years 
1929 

18 

302 

5 

26 

14 

7 

9 

19 

10 

- 

4 

24 

12 

24 

23 

10 

49 

13 

44 

149 

6 

22 

30 

32 

Calendar  Years 
1929 
1932 
1937 

1932 

11 

146 

5 

17 

2 

4 

3 

9 

3 

- 

1 

8 

7 

11 

11 

3 

13 

5 

19 

83 

3 

8 

12 

7 

1937 

16 

182 

2 

25 

16 

33 

9 

13 

5 

~ 

5 

23 

12 

16 

18 

7 

45 

12 

42 

126 

10 

20 

21 

18 

1946 

29 

417 

23 

41 

18 

66 

63 

22 

13 

27 

13 

39 

41 

45 

32 

20 

125 

29 

114 

266 

22 

50 

36 

22 

1946 

1947 

32 

446 

12 

55 

15 

62 

41 

14 

16 

37 

17 

44 

38 

44 

29 

24 

208 

35 

178 

342 

31 

69 

28 

33 

1947 

1948 

21 

383 

23 

74 

74 

70 

65 

12 

18 

39 

50 

55 

45 

40 

24 

26 

196 

44 

212 

383 

34 

60 

29 

33 

1948 

1949 

20 

533 

19 

59 

61 

24 

44 

16 

14 

21 

44 

51 

35 

59 

23 

20 

160 

31 

171 

434 

19 

40 

35 

26 

1949 

1950 

24 

418 

17 

56 

79 

28 

47 

17 

11 

6 

31 

53 

50 

63 

25 

13 

291 

35 

209 

486 

20 

61 

44 

12 

1950 

1951 

24 

551 

54 

105 

63 

4 

69 

10 

11 

4 

28 

59 

53 

64 

30 

14 

312 

68 

365 

536 

38 

65 

56 

29 

1951 

12-Mths.  ending 
July  1952 
Monthly 
195i— Feb. 

20 

674 

65 

133 

27 

3 

53 

9 

13 

4 

27 

58 

55 

64 

24 

19 

306 

71 

357 

569 

39 

59 

56 

29 

12-Mths.  ending 
July  1952 

1.9 

27.4 

1.4 

3.7 

5.5 

.3 

2.3 

.3 

.3 

.4 

3.4 

6.2 

3.7 

5.1 

4.4 

1.0 

21.3 

3.9 

21.6 

35.8 

2.7 

4.8 

3.4 

1.8 

Monthly 
Feb.-1951 

Mar. 

1.6 

31.0 

1.6 

3.5 

7.6 

.3 

2.2 

.1 

.4 

.2 

1.9 

6.3 

3.5 

5.2 

2.6 

1.2 

26.5 

4.7 

27.2 

43.3 

2.9 

6.2 

5.3 

2.1 

Mar. 

Apr. 

1.3 

35.9 

1.2 

3.9 

6.9 

.4 

4.2 

.1  - 

.5 

3.0 

5.6 

3.2 

4.3 

2.3 

.9 

27.5 

3.5 

26.6 

42.3 

2.8 

6.3 

4.4 

2.1 

Apr. 
May 

May 

2.2 

46.2 

7.2 

7.2  - 

7.0 

.3 

9.7 

.1 

1.2 

.7 

3.6 

3.9 

4.7 

1.9 

.7 

26.6 

2.7 

31.5 

47.2 

3.2 

5.5 

4.3 

2.3 

June 

1.6 

57.4 

4.6 

12.7 

4.9 

.2 

11.8 

.4 

1.2 

1.1 

3.6 

3.9 

5.1 

1.9 

1.4 

24.7 

5.8 

32.4 

39.2 

3.1 

4.5 

3.2 

2.1 

June 
July 

July 

1.4 

63.3 

7.6 

11.2 

3.0 

.2 

9.8 

.9 

1.2 

.9 

4.3 

5.2 

4.8 

1.7 

1.4 

28.7 

7.7 

34.3 

51.3 

3.3 

4.7 

4.0 

3.0 

Aug. 

2.2 

42.3 

6.9 

6.1 

4.4 

.1 

6.0 

1.5 

1.4 

1.1 

3.9 

5.1 

4.0 

1.1 

1.5 

28.9 

8.0 

35.7 

51.5 

3.2 

5.1 

4.7 

2.6 

Aug. 

Sept. 

2.3 

39.8 

6.8 

7.0 

5.7 

.1 

5.7 

2.0 

.8 

.8 

3.1 

5.1 

5.0 

2.0 

1.1 

25.4 

7.1 

31.4 

44.0 

2.9 

5.3 

5.6 

3.1 

Sept. 

Oct. 

2.5 

59.7 

3.5 

13.6 

5.5 

.1 

7.4 

2.6 

1.0 

1.7 

5.0 

6.1 

6.7 

.6 

1.5 

29.1 

8.7 

34.6 

50.1 

3.5 

5.6 

6.0 

2.6 

Oct. 

Nov. 

2.7 

76.8 

5.5 

15.2 

4.8 

.3 

4.4 

1.7 

1.5 

.3 

2.7 

4.2 

5.2 

5.7 

.6 

1.3 

25.9 

6.6 

32.5 

49.6 

3.3 

5.6 

5.8 

2.2 

Nov. 

Dec. 

2.0 

38.0 

5.3 

16.0 

2.2 

.3 

2.3 

.3 

1.3 

.9 

5.8 

4.7 

4.0 

7.5 

4.2 

1.0 

23.6 

5.4 

33.2 

41.4 

4.2 

6.7 

5.5 

3.5 

Dec. 

1952— Jan. 

2.1 

39.3 

2.1 

7.3 

1.3 

.4 

2.3 

.1 

.5 

.4 

4.6 

4.8 

4.2 

5.7 

3.6 

.9 

20.2 

5.8 

33.5 

47.2 

3.5 

3.9 

3.9 

2.7 

Jan.-1952 

Feb.- 

1.6 

44.3 

2.3 

5.6 

2.5 

.3 

2.1 

— 

.9 

.1 

2.4 

5.6 

3.8 

4.5 

2.0 

1.8 

22.2 

5.8 

27.4 

44.4 

3.3 

4.5 

4.0 

2.6 

Feb. 

Mar. 

1.3 

43.4 

1.9 

6.5 

.2 

.1 

1.6 

— 

1.0 

.2 

1.1 

10.6 

4.4 

5.2 

1.9 

1.5 

24.7 

5.7 

32.9 

48.3 

3.8 

4.7 

4.6 

3.3 

Mar. 

Apr. 

.6 

48.7 

3.6 

5.7 

- 

.1 

.9 

- 

.8 

.8 

.8 

6.9 

3.9 

5.1 

1.6 

1.5 

25.8 

3.0 

29.2 

47.9 

3.5 

4.7 

4.4 

2.7 

Apr. 

May  . 

.6 

79.2 

6.5 

12.8 

.1 

.1 

1.6 

— 

.9 

.4 

3.7 

3.4 

3.1 

4.3 

2.7 

1.5 

32.1 

3.4 

26.4 

47.6 

3.3 

4.9 

3.9 

1.7 

May 

June 

.6 

82.0 

9.2 

14.9 

- 

.2 

8.7 

.1 

1.2 

.4 

1.1 

3.0 

4.2 

5.6 

2.5 

2.5 

28.0 

5.8 

21.6 

48.3 

2.3 

5.2 

3.4 

.9 

June 

July 

1.5 

80.4 

11.1 

22.6 

- 

.2 

10.2 

.1 

1.4 

.7 

1.4 

2.6 

5.7 

5.2 

1.1 

3.1 

20.5 

5.4 

18.9 

48.7 

1.9 

2.7 

3.9 

.6 

July 

Artificial 

Other 
Fibres 

Farm 

Machinery 

Autos, 

Other 

Other 

Other 

Other 

Other 

Ships 

Aircraft 

All 

Net  Non- 

Total 

Exports 

(Including 

Hold) 

&  Textiles 

(excl. 

Trucks 

Electrical 

Non- 

Non- 

Chemicals 

and 

and 

Other 

monetary 

(excl.  raw 
wool) 

ments  & 
Machinery 

agriculture) 

&  Parts 

&  Parts 

Steel 

Apparatus 

Products 

Products 

Products 

Products 

ex.  gold) 

Products 

ferrous 
Metals 

metallic 
Minerals 

&  Products 

Vessels 

Parts 

Exports 

Gold 

Calendar  Years 

Calendar  Years 

1929 

- 

8 

20 

7 

47 

_ 

16 

3 

15 

37 

11 

26 

12 

9 

5 

13 

17 

7 

14 

1 

- 

33 

37 

1,190 

1929 

1932 

- 

4 

2 

4 

7 

_ 

4 

1 

4 

16 

3 

7 

6 

4 

2 

3 

6 

3 

8 

- 

- 

14 

70 

560 

1932 

1937 

2 

11 

10 

11 

27 

" 

18 

4 

19 

56 

18 

59 

19 

15 

5 

15 

16 

7 

15 

1 

- 

27 

145 

1,176 

1937 

1946 

8 

42 

29 

16 

78 

34 

71 

21 

56 

37 

17 

55 

21 

28 

13 

24 

33 

32 

35 

19 

10 

100 

96 

2,447 

1946 

1947 

12 

35 

42 

41 

92 

15 

84 

19 

64 

59 

31 

60 

23 

30 

17 

33 

42 

34 

49 

26 

6 

94 

99 

2,858 

1947 

1948 

7 

35 

74 

41 

55 

21 

91 

17 

102 

79 

35 

74 

25 

42 

22 

42 

53 

36 

43 

84 

11 

93 

119 

3,209 

1948 

1949 

2 

19 

93 

32 

39 

23 

106 

12 

94 

87 

42 

92 

28 

56 

15 

37 

36 

39 

31 

42 

25 

81 

139 

3,132 

1949 

1950 

5 

20 

88 

26 

40 

5 

92 

11 

107 

88 

38 

105 

34 

59 

16 

63 

40 

39 

62 

23 

4 

59 

162 

3,280 

1950 

1951 

4 

28 

106 

40 

79 

3 

113 

18 

125 

87 

45 

137 

49 

84 

25 

82 

50 

36 

96 

9 

8 

73 

150 

4,061 

1951 

12-Mths.  ending 

12-Mths.  ending 

July  1952 

4 

28 

112 

48 

129 

4 

133 

27 

137 

108 

51     ■ 

157 

49 

106 

39 

84 

58 

40 

93 

9 

31 

77 

147 

4,402 

July  1952 

Monthly 

Monthly 

1951— Feb. 

.2 

1.7 

5.8 

2.8 

1.9 

.1 

4.8 

1.2 

7.4 

5.4 

2.4 

7.7 

5.4 

2.6 

1.0 

4.3 

2.9 

3.1 

6.0 

.1 

.5 

4.8 

11.7 

246.2 

Feb.-1951 

Mar. 

.3 

1.9 

13.7 

2.8 

4.0 

.5 

5.6 

1.3 

10.8 

5.5 

3.9 

10.7 

3.3 

5.4 

2.9 

8.5 

3.5 

2.1 

6.5 

.5 

.5 

5.6 

8.4 

295.9 

Mar. 

Apr. 

.3 

2.1 

10.8 

3.4 

6.4 

.3 

8.4 

1.8 

12.7 

9.3 

3.2 

11.2 

2.8 

5.0 

1.5 

7.8 

3.8 

2.7 

7.8 

1.2 

.4 

6.2 

16.2 

314.6 

Apr. 

May 

.4 

3.3 

10.7 

3.8 

4.2 

.2 

7.5 

1.2 

12.1 

5.6 

5.2 

9.0 

4.1 

6.2 

1.5 

7.2 

4.2 

4.1 

7.8 

3.1 

.7 

6.4 

13.0 

341.3 

May 

June 

.4 

2.4 

10.4 

2.7 

3.5 

.2 

9.3 

1.5 

3.5 

6.6 

2.2 

9.1 

4.2 

7.6 

1.6 

6.7 

3.7 

3.7 

7.3 

.1 

.5 

5.9 

13.8 

333.7 

June 

July 

.4 

2.7 

9.2 

2.5 

5.6 

.2 

10.1 

1.6 

14.5 

7.7 

3.4 

12.7 

5.6 

9.6 

2.9 

6.9 

4.6 

2.5 

9.1 

.9 

.6 

7.0 

13.4 

387.8 

July 

Aug. 

.5 

2.5 

7.6 

2.3 

5.9 

.3 

11.5 

.9 

16.1 

5.6 

3.1 

13.3 

4.2 

6.8 

1.7 

7.4 

4.1 

3.0 

9.7 

.3 

.7 

6.0 

11.0 

351.8 

Aug. 

Sept. 

.2 

1.7 

6.2 

3.5 

9.2 

.1 

9.8 

1.5 

9.8 

7.4 

3.9 

11.4 

3.1 

7.5 

1.7 

6.7 

4.8 

2.9 

8.3 

.1 

.7 

5.9 

10.8 

329.4 

Sept. 

Oct. 

.4 

2.7 

8.3 

4.3 

12.3 

.3 

15.0 

1.9 

11.2 

7.0 

3.4 

13.7 

3.0 

8.8 

2.6 

7.2 

5.0 

2.4 

8.9 

.7 

.7 

7.0 

8.2 

392.8 

Oct. 
Nov. 
Dec. 

Nov. 

.3 

2.4 

7.5 

4.0 

12.7 

.5 

12.7 

1.7 

9.5 

7.9 

5.1 

12.8 

2.8 

9.8 

3.0 

5.5 

5.2 

3.1 

10.3 

.4 

.9 

6.4 

7.7 

396.7 

Dec. 

.6 

2.7 

7.7 

5.5 

11.9 

.2 

12.1 

2.0 

7.1 

12.6 

5.8 

13.4 

5.0 

7.7 

3.2 

7.5 

4.5 

3.0 

8.1 

.1 

.9 

6.6 

18.3 

365.6 

1952— Jan. 

.4 

2.6 

13.1 

3.5 

18.2 

.2 

12.3 

1.6 

7.1 

8.7 

4.2 

10.8 

4.3 

7.6 

2.8 

5.8 

4.3 

3.2 

7.6 

1.1 

.9 

6.0 

13.4 

340.0 
329.5 

Jan.-1952 
Feb. 

Feb. 

.2 

2.2 

10.7 

3.9 

18.3 

.2 

9.5 

2.1 

8.9 

5.2 

3  9 

13  6 

2.5 

10.3 

2.7 

5.7 

4.3 

3.5 

7.2 

.1 

.9 

6.3 

13.2 

Mar. 

.2 

2.9 

12.1 

4.7 

13.2 

.6 

10.9 

4.3 

9.9 

10.6 

4.5 

13.0 

6.8 

11.6 

4.6 

7.1 

4.1 

4.2 

7.5 

.1 

5.6 

6.8 

15.0 

369.3 
348.1 
399.3 
395.6 
383.9 

Mar. 
Apr. 
May 
June 
July 

Apr. 

.3 

2.9 

10.8 

4.8 

8.4 

.4 

8.1 

3.4 

13.8 

11.2 

4.2 

13.9 

4.4 

9.7 

3.9 

8.0 

3.6 

4.0 

7.0 

1.1 

5.1 

6.2 

11.2 

May 

.2 

2.1 

11.5 

3.4 

8.1 

.4 

10.4 

3.3 

17.2 

12.4 

4.1 

15.2 

4.8 

7.7 

5.9 

8.7 

7.3 

3.5 

7.4 

1.1 

4.7 

7.2 

8.5 

June 
July 

.2 

.5 

2.3 

1.4 

9.7 
6.6 

3.4 
4.6 

7.1 
4.1 

.5 
.3 

9.9 

11.0 

2.1 
2.1 

17.0 
9.3 

9.4 
9.9 

3.6 

5.2 

11.9 
13.8 

2.9 

5.1 

10.5 
8.2 

3.8 
2.9 

7.7 
6.7 

5.4 
5.1 

3.0 
4.0 

6.4 
4.7 

1.1 
3.3 

5.0 
4.5 

6.5 
6.0 

14.6 
14.9 

1670  ".SoTtto   mo  Vois^OM  M^M   ¥«£%£?  %£V^1^  tees  are  based  °n  B°ard  °f  Grai"  Commissioners'  data  rather  than  Customs'  clearances.,  (?)    Made  up  of  various  items  listed  in  "Trade  of  Canada"  under  code  numbers  180,  610,  690.  710.  790,  1170.  1500-1590,  1610,  1620.  1630,  1640.  1645.  1650,  1660, 
10/u,  108U,  1700.  1710,  2015,  2020,  2025,  2060,  2065,  2066,  2070,  2075,  2080,  2085.  2090,  2095,  2100-2110,  2490,  2500-2525,  2750.  2795,  2805,  2810,  2812,  2825,  2840,  *8«.  2855,  2860,  3160-3187. 


TATISTICAL  SUMMARY 


i 

ii 
in 

IV 

v 

VI 

VII 

VIII 

IX 


X 

XI 

XII 

XIII 

XIV 

XV 

XVI 


BANK  OF  CANADA 


i* 


0 


Tables 


Charts 


Pages 


Bank  of  Canada  : 

Liabilities  and  Assets 159  -  160 

Chartered  Banks: 

Liabilities  and  Assets 159  -  160 

General  Public  Holdings  of  Certain  Liquid  Assets 161  -  162 

Chartered  Banks: 

Estimated  Quarterly  Classification  of  Loans  in  Canada 163 

Chartered  Banks:  Agricultural,  Industrial  and  Commercial  Loans    .  164 

Chartered  Banks: 

Annual  Classification  of  Public  Demand  and  Notice  Deposits  in 

Canadian  Currency 164 

Government  Bond  Yields  and  Treasury  Bill  Rates 165 

Canadian  Gold  Statistics 165 

Foreign  Exchange  Rates 166 

United  States  Dollar  in  Canadian  Funds 166 

Public  Finance:  Provincial  Governments: 

Outstanding  Debt 167-168 

Current  Revenue 169 

Current  Expenditure 170 

Bond  Issues  and  Retirements 171 

Business  Activity 172 

Wholesale  Prices 172 

Consumer  Price  Index 173 

Merchandise  Trade:  Exports  and  Imports  by  Countries      ....  174 

Merchandise  Exports:  Commodity  Classification  by  Volume      .       .       .  175 

Merchandise  Imports:  Commodity  Classification  by  Volume      .        .       .  176 


TABLES  AND  CHARTS  MAY   BE   REPRODUCED  OR   REFERRED  TO   PROVIDED  THAT  THE    BANK  OF 
CANADA   STATISTICAL   SUMMARY,    WITH   ITS  DATE,    IS   SPECIFICALLY   QUOTED  AS   THE     SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:   25c   per   copy,    post   free.      For   particulars   apply    to   the   Research    Department,    Bank   of  Canada,   Ottawa. 


OCTOBER  1952 


159 


OCTOBER  1952  OCTOBER  1952 

I— BANK     OF  CANADA 


160 

Millions  of  Dollars 


LIABILITIES 

ASSETS 

Chartered  Bank  Cash 

Foreign 
Currency 
Deposits*15 

Active 

All 

Total 
Liabilities 

.  or 
Assets 

Foreign*15 
Exchange 

Securities 

All 

Other 

Accounts 

Notes 
in  Tills 

Deposits 

at 
B.  of  C. 

Total 

Canada 
Deposits 

Other 
Deposits 

B.  of  C. 

Note 
Circulation 

Other 
Accounts 

Gold 

Silver 

Govt,  of  Canada 
and  Provincial 

Ind.  Dev. 

Bank 
Cap.  Stock 

Other 
Securities 

Total 

Advances 

Under  2  yrs. 

Over  2  yrs. 

As  at  Dec.  31 
1935 

40.6 

181.6 

222.2 

17.9 

.8 

_ 

59.1 

7.7 

307.7 

180.5 

1.6 

4.2 

30.9 

83.4 

_ 

114.3 

3.5 

3.5 

As  at  Dec.  31 
1935 

1937 

53.9 

196.0 

249.9 

11.1 

3.5 

— 

111.4 

14.4 

390.3 

179.8 

3.0 

14.9 

82.3 

91.6 

- 

12.2 

186.1 

_ 

6.5 

1937 

1939 

70.6 

217.0 

287.6 

46.3 

17.9 

- 

162.2 

13.3 

527.2 

225.7 
■k 

~ 

64.3 

181.9 

49.9 

- 

- 

231.8 

- 

5.5 

1939 

1946 

176.9 

565.5 

742.3 

60.5 

93.8 

1.0 

1,009.3 

41.7 

1,948.6 

- 

1.0 

1,197.4 

708.2 

15.0 

_ 

1,920.6 

_ 

27.1 

1946 

1947 

183.9 

536.2 

720.1 

68.8 

67.5 

2.0 

1,027.5 

40.4 

1,926.2 

- 

- 

2.0 

1,022.0 

858.5 

25.0 

- 

1,905.6 

- 

18.7 

1947 

1948 

190.8 

547.3 

738.1 

98.1 

81.0 

.4 

1,098.3 

42.7 

2,058.6 

- 

- 

.5 

1,233.7 

779.1 

25.0 

- 

2,037.7 

- 

20.4 

1948 

1949 

211.8 

541.7 

753.5 

30.7 

126.9 

79.6 

1,095.6 

39.5 

2,125.9 

~ 

— 

74.2 

1,781.4 

227.8 

25.0 

5.5 

2,039.7 

_ 

12.0 

1949 

1950 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

- 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

- 

24.0 

1950 

1951 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

— 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

1951 

End  of 
1951 — June 

177.1 

590.7 

767.8 

75.3 

220.1 

132.8 

1,174.2 

32.2 

2,402.4 

- 

- 

117.0 

1,335.2 

846.3 

25.0 

58.8 

2,265.4 

_ 

20.1 

End  of 
June— 1951 

July 

226.0 

558.2 

784.2 

91.1 

212.6 

146.7 

1,144.5 

56.2 

2,435.3 

- 

- 

117.0 

1,327.4 

872.5 

25.0 

51.4 

2,276.3 

- 

41.9 

July 

Aug. 

189.7 

580.4 

770.1 

115.0" 

185.7 

143.0 

1,181.0 

62.8 

2,457.6 

- 

- 

100.1 

1,349.6 

888.1 

25.0 

44.1 

2,306.9 

- 

50.6 

Aug. 

Sept. 

195.2 

579.4 

774.6 

105.6 

140.0 

116.3 

1,192.8 

38.5 

2,367.8 

- 

- 

87.1 

1,297.6 

896.1 

25.0 

31.2 

2,249.9 

- 

30.8 

Sept. 

-       Oct. 

232.2 

588.3 

820.6 

210.3 

83.3 

102.1 

1,174.3 

62.9 

2,453.4 

- 

- 

96.6 

1,317.5 

956.4 

25.0 

8.2 

2,307.1 

- 

49.7 

Oct. 

Nov. 

195.1 

633.8 

828.9 

66.0 

92.5 

135.1 

1,212.1 

54.4 

2,388.9 

- 

— 

128.9 

1,137.8 

1,043.1 

25.0 

18.8 

2,224.6 

— 

35.4 

Nov. 

Dec. 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

- 

- 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

Dec. 

1952— Jan. 

222.4 

629.2 

851.6 

.92.8 

54.9 

99.5 

1,153.2 

53.9 

2,306.0 

- 

- 

85.4 

1,095.4 

1,042.6 

25.0 

24.3 

2,187.2 

- 

33.3 

Jan.—  1952 

Feb. 

175.6 

616.7 

792.3 

88.5 

52.1 

84.7 

1,198.8 

27.8 

2,244.3 

- 

- 

70.4 

1,058.1 

1,027.6 

25.0 

27.3 

2,138.0 

- 

35.9 

Feb. 

Mar. 

207.5 

656.5 

864.0 

14.6 

66.1 

68.5 

1,185.7 

30.1 

2,229.0 

- 

- 

60.2 

1,179.9 

882.2 

25.0 

11.7 

2,098.8 

- 

70.0 

Mar. 

Apr. 

234.8 

645.7 

880.5 

14.3 

41.7 

77.5 

1,177.0 

31.5 

2,222.5 

- 

- 

72.4 

1,191.5 

874.7 

25.0 

21.6 

2,185.1 

- 

37.4 

Apr. 
May 

May 

190.6 

579.4 

770.0 

21.9 

44.6 

82.8 

1,226.8 

34.3 

2,180.4 

- 

- 

78.4 

1,203.6 

824.6 

25.0 

11.2 

2,064.5 

- 

37.5 

June 

219.6 

578.0 

797.6 

26.8 

48.5 

48.4 

1,222.2 

45.6 

2,189.0 

- 

- 

43.9 

1,251.3 

817.8 

25.0 

11.1 

2,105.3 

- 

39.9 

June 

July 

235.3 

595.5 

830.7 

51.6 

41.6 

70.0 

1,223.0 

41.3 

2,258.2 

- 

- 

63.1 

1,280.0 

843.9 

25.0 

11.1 

2,160.1 

- 

35.1 

July 

Aug. 

197.4 

614.7 

812.1 

52.0 

47.4  ' 

82.1 

1,267.0 

40.0 

2,300.7 

- 

- 

75.0 

1,303.2 

852.9 

25.0 

11.0 

2,192.2 

- 

33.5 

Aug. 

Sept. 

238.1 

588.2 

826.3 

30.7 

49.4 

78.8 

1,238.4 

55.1 

2,278.9 

~ 

" 

73.6 

1,263.7 

870.9 

25.0 

11.0 

2,170.6 

" 

34.6 

Sept. 

(1)  Includes  foreign  excha 

nge  items  for  fo 

reign  clients  anc 

also  the  Gover 

nment  of  Canac 

a  and,  commen 

:ing  March  31, 

1949,  the  Exchange  Fund  Account.         *  Since 
TT—PHARTF. 

May  1940  thi 

RFT)  RA 

minimum  gold  reserve  requirement  has  been  in  suspense. 

>JKS 

Millions  of  Dollars 


As  at  Dec.  31 
1929 
1932 
1937 
1949 
1950 
1951 
End  of 
1951— June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1952— Jan. 
Feb. 

Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 


LIABILITIES 


Notes 


175 

127 

102 

14 


Deposits 


Demand 


729 


2,426 
2,770 
2,963 

2,578 
2,675 
2,675 
2,651 
2,907 
2,936 
2,963 

2,703 
2,704 
2,824 
2,889 
2,851 
2,987 
2,885 
2,895 
3,026 


Notice 


Govt,  of 

Canada 

and  Prov. 


1,434 
1,378 
1,583 
4,433 
4,558 
4,612 

4,559 
4,580 
4,583 
4,595 
4,575 
4,616 
4,612 

4,639 
4,685 
4,748 
4,757 
4,769 
4,792 
4,836 
4,870 
4,901 


Canadian 
Deposits 


92 

72 

53 

367 

500 

322 

455 
403 
409 
391 
270 
276 
322 

363 
372 
407 
340 
360 
341 
359 
311 


2,270 
1,928 
2,387 
7,348 
7,997 


7,697 
7,809 
7,799 
7,724 
7,913 
8,015 


7,846 
7,918 
8,090 
8,115 
8,078 
8,273 
8,252 
8,241 
8,395 


Foreign 


442 
329 
409 
730 
735 
795 

763 
753 
808 
769 
784 
784 
795 

762 
758 
778 


847 
864 


Total 
Deposits 


2,820 
2,306 
2,819 
8,177 
8,867 
9,003 

8,618 
8,705 
8,775 
8,674 
8,833 
8,927 
9,003 

8,730 
8,799 
9,008 
9,062 
9,037 
9,261 
9,165 
9,160 
9,333 


Cash 
Canada 


228 
211 
250 
753 
810 


768 
784 
770 
775 
821 
829 
892 

852 
792 
864 
881 
770 
798 
831 
812 
826 


Securities 


Govt,  of 
Canada 


Prov- 
incial 


297 

562 

1,111 

3,112 

3,079 

2,754 

2,681 
2,696 
2,679 
2,734 
2,726 
2,744 
2,754 

2,819 
2,884 
2,939 
2,917 
2,968 
2,953 
3,029 
3,024 
3,028 


445 
416 
355 

366 
356 
355 
353 
342 
357 
355 

339 
330 
325 
310 
315 
306 
309 
326 
368 


Foreign 
Govt. 


Other 


151 
216 


59 
242 
193 
200 

192 

195 
210 
208 
226 
214 
200 

214 
233 
284 
291 
266 
256 
249 
244 
262 


242 
545 
599 
567 

598 
594 
588 
581 
582 
578 
567 

556 
556 
547 
550 
552 
553 
548 
545 
545 


Millions  of  Dollars 


ASSETS 


Total 


448 
778 
1,411 
4,345 
4,286 
3,876 

3,838 
3,840 
3,832 
3,876 
3,876 
3,894 
3,876 

3,927 
4,003 
4,095 
4,068 
4,100 
4,067 
4,135 
4,139 
4,202 


(1)   Estimated  month-end  deposits  payable  in  Canadian  currency. 


Loans 


262 
103 
76 
133 
134 
107 

82 
84 
90 
107 
111 
96 
107 

107 
95 
97 
140 
132 
138 
145 
147 
135 


1,403 
964 
749 
2,174 
2,651 
2,901 

2,898 
2,890 
2,912 
2,901 
2,893 
2,975 
2,901 

2,827 
2,788 
2,797 
2,800 
2,845 
2,892 
2,928 
2,927 
2,979 


122 
140 
113 
97 
125 
127 

164 
153 
161 
144 
141 
149 
127 

128 
130 
152 
161 
167 
156 
125 
121 
114 


245 
91 
60 
70 
100 
131 

110 
112 
119 
131 
82 
90 
131 


94 
85 
138 
156 
155 
167 
135 
110 


251 

152 
166 
211 
247 
278 

281 
285 
262 
273 
290 
285 
278 

276 
276 
280 
279 
287 
269 
268 
255 
265 


Total 
Assets 


3,521 
2,852 
3,281 
8,718 
9,496 
9,610 

9,256 
9,323 
9,378 
9,276 
9,440 
9,544 
9,610 

9,343 
9,409 
9,613 
9,672 
9,634 
9,847 
9,737 
9,728 
9,907 


DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cash  to 

Active 

in     h) 
Canada 

Deposits 

Canadian 

Note  ,5) 

w 

Deposits 

Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

768 

7,702 

10.0 

1,125 

June— 1951 

807 

7,761 

10.4 

1,139 

July 

795 

7,686 

10.3 

1,141 

Aug. 

805 

7,680 

10.S 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

839 

7,754 

10.8 

1,150 

Feb. 

846 

7,851 

10.8 

1,169 

Mar. 

848 

7,989 

10.6 

1,182 

Apr. 

834 

8,063 

10.3 

1,185 

May 

789 

8,096 

9.7 

1,199 

June 

848 

8,208 

10.3 

1,212 

July 

848 

8,200 

10.3 

1,222 

Aug. 

855 

8,183 

10J 

1,231 

Sept. 

(■2)   Includes  inter-bank  deposits. 
Janu,ryV9S-0jiabmty-for-ou«iVdinVno«e.-i,sued 


•  that  date.   Bank  of  Canada  Notes  and  Deposits.  (4)    Figures  given  are  averages  of  estimated  month- 


r"1f=aecSan^^^^  :;,;,::i,,„  „,,:,,;,.,„ -,> .,,,,„., K.os, 


161 


Millions  of  Dollars 


OCTOBER  1952 


III— GENERAL  PUBLIC  HOLDINGS    OF  CERTAIN  LIQUID  ASSETS*t 
Currency,  Bank  Deposits  and  Government  of  Canada  Securities 

Bank  of     Canada 


OCTOBER  1952 


162 


Millions  of  Dollars 


1 

.  CANADIAN  DOLLAR  CURRENCY  AND  BANK  DEPOSITS  HE  LD  BY  THE  GENERAL  PUBLIC 

AND  RELATED  BANK  ASSETS 

Currency  and  Active  Bank  Deposits 

Inactive'8' 

Chartered 

Bank 

Notice 

Deposits 

Total 

Currency 

and 

Bank 

Deposits 

Total 
Related 

Related  Bank  Assets 

Currency 
Outside  Banks 

Active  Bank  Deposits 

<i) 

Total 

Currency 

and 

Active 

Bank 

Government  of  Canada  debt 

held  by  Bank  of  Canada 

and  Chartered  Banks 

Other  Related  Bank  Assets  »> 

Chartered  Banks 

Bank  of 
Canada 
"Other" 

Total 

Chartered  Bank  Can.  Loans 
and  non-Govt.  Securities 

Bk.  of  Can. 

Gold  and 

Exchange 

holdings 

(net) 

All 
Other 
(net) 

») 

Total 

Public 

Active 

Other 
.   excl. 

Total 

Less 

Net 

Less  Govt. 

Net 
Total 

Canadian 

Non-Govt. 

Notes 

Coin 

Total 

Demand 

Notice 

Govt,  of 
Canada 

Float 

Total 

Deposits 

Deposits 

Bank 

Assets 

Total 

Deposits 

(4) 

Loans 

(S) 

Securities 

(6) 

Total 

as  at  Dec.  31 

as  at  Dec.  31 

1949 

1,110 

74 

1,184 

2,426 

682 

338 

3,446 

335 

3,111 

127 

3,238 

4,422 

3,751 

8,173 

5,121 

181 

4,940 

2,404 

990 

3,394 

- 

161 

3,233 

1949 

1950 

1,136 

78 

1,214 

2,770 

697 

413 

3,880 

450 

3,430 

207 

3,637 

4,851 

3,861 

8,712 

5,021 

280 

4,741 

2,910 

1,015 

3,925 

226 

180 

3,971 

1950 

1951 

1,191 

84 

1,275 

2,963 

717 

'      449 

4,129 

627 

3,502 

66 

3,568 

4,843 

3,894 

8,737 

4,945 

160 

4,785 

3,136 

922 

4,057 

49 

154 

3,952 

1951 

End  of 
1951— Aug. 

1,181 

81 

1,262 

2,675 

712 

381    • 

3,768 

497 

3,271 

186 

3,457 

4,719 

3,872 

8,591 

4,917 

276 

4,641 

3,163 

944 

4,106 

_ 

155 

3,951 

Aug.— 1951 

Sept. 

1,193 

82 

1,275 

2,651 

715 

371 

3,737 

387 

3,350 

140 

3,490 

4,765 

3,880 

8,645 

4,928 

213 

4,715 

3,152 

934 

4,086 

1 

157 

3,930 

Sept. 

Oct: 

1,174 

82 

1,256 

2,907 

713 

380 

4,000 

544 

3,456 

83 

3,539 

4,795 

3,862 

8,657 

5,000 

261 

4,739 

3,144 

924 

4,068 

1 

151 

3,918 

Oct. 

Nov. 

1,212 

84 

1,296 

2,936 

712 

398 

4,046 

552 

3,494 

93 

3,587 

4,883 

3,904 

8,787 

4,925 

130 

4,795 

3,219 

935 

4,155 

11 

174 

3,992 

Nov. 

Dec. 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

4,843 

3,894 

8,737 

4,945 

160 

4,785 

3,136 

922 

4,057 

49 

154 

3,952 

Dec. 

1952— Jan. 
Feb. 

1,153 

82 

1,235 

2,703 

748 

412 

3,863 

456 

3,407 

55 

3,462 

4,697 

3,891 

8,588 

4,957 

185 

4,772 

3,062 

895 

3,956 

7 

147 

3,816 

Jan.— 1952 
Feb. 

1,199 

.       83- 

1,282 

2,704 

758 

451 

3,913 

517 

3,396 

52 

3,448 

4,730 

3,926 

8,656 

4,970 

166 

4,804 

3,013 

886 

3,899 

10 

63 

3,852 

Mar. 

1,186 

84 

1,270 

2,824 

770 

422 

4,016 

551 

3,465 

66 

3,531 

4,801 

3,978 

8,779 

5,001 

111 

4,890 

3,047 

872 

3,918 

- 

28 

3,890 

Mar. 

Apr. 

1,177 

83 

1,260 

2,889 

768 

418 

4,075 

528 

3,547 

42 

3,589 

4,849 

3,989 

8,838 

4,983 

65 

4,918 

3,101 

860 

3,960 

13 

53 

3,920 

Apr. 

May 

1,227 

85 

1,312 

2,851 

770 

352 

3,973 

518 

3,455 

45 

3,500 

4,812 

3,999 

8,811 

4,996 

129 

4,867 

3,144 

866 

4,010 

3 

69 

3,944 

May 

June 

1,222 

•      85 

1,307 

2,987 

773 

396 

4,156 

642 

3,514 

49 

3,563 

4,870 

4,019 

8,889 

5,022 

125 

4,897 

3,186 

858 

4,044 

3 

55 

3,992 

June 

July 

1,223 

84 

1,307 

2,885 

774 

352 

4,011 

488 

3,523 

42 

3,565 

4,872 

4,062 

8,934 

5,153 

230 

4,923 

3,198 

856 

4,055 

- 

43 

4,012 

July 

Aug. 

1,267 

86 

1,353 

2,895 

779 

336 

4,010 

523 

3,487 

47 

3,534 

4,887 

4,091 

8,978 

5,180 

193 

4,987 

3,195 

870 

4,066 

- 

75 

3,991 

Aug. 

Sept. 

1,238 

85 

1,323 

3,026 

787 

407 

4,220 

577 

3,643 

49 

3,692 

5,015 

4,114 

9,129 

5,163 

92 

5,071 

3,228 

913 

4,140 

2 

84 

4,058 

Sept. 

2.  GOVERNMENT  OF  CANADA  SECURITIES 


Outstanding  <8> 


Direct  Funded  Debt 


Unmatured 


Special 
Banking 
Issues'" 


1,200 
1,500 
1,400 

1,400 
1,400 
1,400 
1,400 
1,400 

1,400 
1,400 
1,400 
1,400 
1,400 
1,400 
1,500 
1,500 
1,500 


Other 

market 
Issues 


12,755 
12,586 
12,225 

12,525 
12,525 
12,525 
12,225 
12,225 

12,225 
12,173 
12,173 
12,173 
12,173 
12,173 
12,173 
12,172 
12,172 


Non- 
market 
Debt»°> 


1,227 
1,218 
1,194 

961 

943 

973 

1,216 

1,194 

1,176 
1,162 
1,140 
1,102 
1,081 
1,061 
1,044 
1,029 
1,011 


Total 


15,182 
15,304 
14,819 

14,886 
14,868 
14,898 
14,841 
14,819 

14,801 
14,735 
14,713 
14,675 
14,654 
14,634 
14,717 
14,701 
14,683 


Matured 

and 

out- 
standing 


53 
51 
21 

25 
24 
23 
22 
21 

19 
23 
23 
22 
21 
21 
21 
20 
19 


Total 


15,235 
15,355 
14,840 

14,911 
14,892 
14,921 
14,863 
14,840 

14,820 
14 ,758 
14,736 
14,697 
14,675 
14,655 
14,738 
14,721 
14,702 


Guar- 
anteed 

Un- 
matured 
Funded 
Debt 


Exchange 
rate  ad- 
justment 
(ID 


548 
577 
529 

577 
529 
529 
529 
529 

529 
529 
529 
529 
529 
529 
529 
528 
528 


36 

2 

27 


4 

7 

27 

33 
33 

39 
40 
40 
44 
46 
48 


Total 

(including 
exchange 
rate  adjust- 
ment) 


15,819 
15,934 
15,342 

15,492 
15,421 
15,446 
15,385 
15,342 

15,316 
15,254 
15,226 
15,186 
15,164 
15,140 
15,221 
15,201 
15,182 


^    The  term  General  Public  refers  to  holdings  of  residents  as  well  as  non- 
residents; for  an  approximate  division  between  resident  and  non-resident 
holdings  on  a  quarterly  basis  see  Table  III.  page  125. 
For  a  division  of  resident  holdings  between  corporate  and  non-corporate 
holdings  as  at  year  ends  see  Table  III-B,  pages  145-146. 

t  Chartered  banks'  Newfoundland  branches  have  been  included  since 
April  1,  1949. 

(1)  Total  Canadian  dollar  deposits  of  the  chartered  banks  and  the  Bank  of 
Canada  less:  (a)  Inactive  chartered  bank  notice  deposits  which  consist  of 
the  estimated  aggregate  minimum  quarterly  balances  in  chartered  banks' 
personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 
Canada;  (b)  Float,  i.e.  cheques  on  other  banks  as  shown  in  chartered  bank 


DlSTRIB  UTION('» 


Bank 

of 

Canada 


2,009 
1,942 
2,191 

2,238 

2,194 
2,274 
2,181 
2,191 

2,138 
2,086 
2,062 
2,066 
2,028 
2,069 
2,124 
2,156 
2,135 


Chartered      Govern- 
Banks         . ment 
Accounts 


3,112 
3,079 
2,754 

2,679 
2,734 
2,726 
2,744 
2,754 

2,819 
2,884 
2,939 
2,917 
2,968 
2,953 
3,029- 
3,024 
3,028 


month-end  returns  to  the  Minister  of  Finance;  (c)  Canadian  dollar  deposits 

of  the  Government  of  Canada  at  the  chartered  banks  and  the  Bank  of 

Canada  (shown  in  "Related  Bank  Assets"  section);  (d)  Canadian  dollar 

deposits  of  the  chartered  banks  at  the  Bank  of  Canada. 

See  footnote  (l)a. 

Net   assets  of  the  chartered   banks  and   Bank  of   Canada   other   than 

Government  of  Canada  Securities. 

See  footnote  (l)c. 

For  estimated  quarterly  classification  of  Canadian  loans  see  Table  IV, 

page  163. 

Provincial.  Municipal  and  "Other"  securities. 

Net  of  all  related  asset  and  liability  items  of  the  chartered  banks  and  Bank 


796 

847 

1,009 

903 
919 
932 
966 
1,009 

1,002 
1,002 
1,005 
1,007 
1,013 
1,028 
1,040 
1,052 
1,071 


General 
Public 


9,902 
10,066 
9,388 

9,672 
9,574 
9,514 
9,494 
9,388 

9,357 
9,282 
9,220 
9,196 
9,155 
9,090 
9,028 
8,969 
8,948 


3 

TOTAL  OF  CERTAIN  LIQUID  ASSETS  HELD  BY  THE  GENERAL  PUBLIC, 

AND  RELATED  FACTORS 

Liquid  Assets 

Total 

Related  Factors'") 

Liquid 

Bank 

Assets 

other  than 

Govt,  of 

Canada 

Securities 

(14) 

Currency 

and 

Active 

Bank 

Deposits 

Inactive 
Char- 
tered 
Bank 
Notice 

Deposits 

Govt,  of  Canada 
Securities 

Assets 

Total 
Related 
Factors 

Govt,  of 
Can.  Debt 
less  Govt. 
Deposits  & 
holdings  of 
Govt.Accts 

Market 
Issues 

(13) 

Non- 
market 
do) 

Total 

as  at  Dec.  31 

4,422 

3,751 

8,675 

1,227 

9,902 

18,075 

3,233 

14,842 

1949 

4,851 

3,861 

8,848 

1,218 

10,066 

18,778 

3,971 

14,807 

1950 

4,843 

3,894 

8,194 

1,194 

9,388 

18,125 

3,952 

14,173 

1951 

4,719 

3,872 

8,711 

961 

9,672 

18,263 

3,951 

14,313 

Aug.— 1951 

4,765 

3,880 

8,631 

943 

9,574 

18,219 

3,930 

14,289 

Sept. 

4,795 

3,862 

8,541 

973 

9,514 

18,171 

3,918 

14,253 

Oct. 

4,883 

3,904 

8,278 

1,216 

9,494 

18,280 

3,992 

14,289 

Nov. 

4,843 

3,894 

8,194 

1,194 

9,388 

18,125 

3,952 

14,173 

Dec. 

4,697 

3,891 

8,181 

1,176 

9,357 

17,945 

3,816 

14,129 

Jan.— 1952 
Feb. 

4,730 

3,926 

8,120 

1,162 

9,282 

17,938 

3,852 

14,086 

4,801 

3,978 

8,080 

1,140 

9,220 

17,999 

3,890 

14,110 

Mar. 

4,849 

3,989 

8,094 

1,102 

9,196 

18,034 

3,920 

14,114 

Apr. 

4,812 

3,999 

8,074 

1,081 

9,155 

17,966 

3,944 

14,022 

May 

4,870 

4,019 

8,029 

1,061 

9,090 

17,979 

3,992 

13,987 

June 

4,872 

4,062 

7,984 

1,044 

9,028 

17,962 

4,012 

13,951 

July 

4,887 

4,091 

7,940 

1,029 

8,969 

17,947 

3,991 

13,956 

Aug. 

5,015 

4,114 

7,937 

1,011 

8,948 

18,077 

4,058 

14,019 

Sept. 

of  Canada  which  are  not  shown  elsewhere  in  this  table;  includes  foreign 
currency  items  and  liabilities  to  shareholders. 

(8)  Net  of  sinking  fund  holdings.  For  year-end  data  back  to  1938  see 
Table  IV,  page  145.  Newfoundland  debt  assumed  by  the  Government  of 
Canada  has  been  included  since  June,  1949. 

(9)  Treasury  Bills;  Deposit  Certificates  and  short-term  notes  issued  directly  to 
the  Bank  of  Canada  and  chartered  banks. 

(10)  Refundable  Tax.  War  Savings  Certificates  and  Canada  Savings  Bonds. 

(1 1)  Adjustment  necessary  to  change  value  of  foreign  pay  securities  from  £1  - 
4.86!  U.S.  =  4.86J  Cdn.  to  current  rates  of  exchange.  Official  mid-rates  ol 
exchange  have  been  used  to  September  30, 1950  and  market  rates  thereafter. 


at  year-ends  see  Table  IV,  pages  145-146. 

(13)  Including  any  special  banking  issues  held  by  the  general  public. 

(14)  As  shown  in  "Other  Related  Bank  Assets",  Section  1  above. 

(15)  The  whole  of  the  increase  or  decrease  in  Canada's  foreign  exchange  reserves 
is  embodied  in  the  related  factors.  To  the  extent  that  such  changes  do  not 
appear  in  Section  1,  "Related  Bank  Assets",  under  the  heading  Bank  of 
Canada  Gold  and  Exchange  holdings  (net)"  they  affect  changes  in  Govern- 
ment of  Canada  Securities  outstanding. 

Note: — Statistics  for  earlier  years  and  further  information   with  respect  to 

details  of  compilation  are  available  from  the  Research  Department, 

Bank  of  Canada,  on  request. 


163 


Millions  of  Dollars 


OCTOBER  1952 


IV— CHARTERED  BANKS 
Estimated  Quarterly  Classification  of  Loans  in  Canada(1) 

Department  of  Finance  and  Bank  of  Canada 


As  AT  END  OF 

1950 

1951 

1952 

Sept. 

June 

Sept. 

Dec. 

Mar. 

June 

Sept. 

1.   Government  and  Other  Public  Services 

(1)    Provincial  governments 

23.6 
91.5 
33.1 

38.7 

118.1 

42.6 

24.9 

114.5 

45.9 

32.4 
88.2 
46.2 

19.1 

127.1 

44.3 

44.1 

106.7 

42.8 

6  3 

(2)    Municipal  governments  and  school  districts 

102  4 

(3)    Religious,  education,  health  and  welfare  institutions  ... 

43.3 

Total  Government  and  Other  Public  Services 

2.    Financial 

(1)    Investment  dealers  and  brokers  to  the  extent 

payable  on  call  or  within  thirty  days 

148.2 

101.2 
86.0 

199.4 

82.3 
92.3 

185.3 

107.1 
91.7 

166.8 

107.1 
86.6 

190.5 

97.3 
86.3 

193.6 

137.5 
93.4 

152.0 

135.2 
107.5 

(2)    Trust,  loan,  mortgage,  investment  and  insurance 

companies  and  other  financial  institutions 

Total  Financial*2' 

187.2 

243.4 
218.2 

174.6 

293.0 
225.0 

198.8 

255.6 
211.3 

194.0 

363.4 
204.3 

183.6 

317.3 
196.6 

230.9 

293.0 
218.0 

242.7 

3.   Personal 

(1)    Individuals,  for  other  than  business  purposes,  on  the 
/      security  of  marketable  stocks  and  bonds 

274.3 
228.0 

(21    Individuals,  for  other  than  business  purposes, 

/ 

^*  Total  Personal 

461.6 

255.8 

29.2 
14.3 

122.5 
76.1 
16.2 
53.4 
26.0 
22.9 

138.9 
30.1 
55.2 

518.0 

249.4 

54.2 

27.8 

159.6 

120.2 

16.7 

99.1 

28.8 

27.1 

203.3 

45.4 

64.5 

466.9 

298.9 

54.3 

41.4 

172.0 

115.7 

19.8 

97.5 

33.4 

31.0 

213.4 

46.4 

63.1 

567.7 

277.9 

53.5 

37.1 

197.2 

117.7 

17.8 

115.8 

34.9 

25.8 

170.1 

47.7 

56.1 

513.9 

255.2 

54.9 
41.2 

169.7 

147.8 
16.8 

130.5 
39.4 
26.7 

162.8 
55.2 
55.4 

511.0 

283.7 

39.6 
27.0 

151.2 

146.6 
16.7 

127.5 
40.6 
26.7 

152.6 
58.7 
53.3 

502.3 

4.   Agricultural,  Industrial  and  Commercial 

334.2 

(2)    Industry: 

(a)    Chemical  and  rubber  products 

30.3 

(b)  Electrical  apparatus  and  supplies 

(c)  Food,  beverages  and  tobacco 

22.9 
168.4 

(d)   Forest  products 

136.5 

(e)    Furniture 

14.4 

(f)    Iron  and  steel  products 

95.6 

(g)    Mining  and  mine  products 

48.0 

(h)    Petroleum  and  products 

32.8 

(i)     Textiles,  leather  and  clothing 

158.0 

/    (j)     Transportion  equipment 

52.8 

1     (k)    Other  producers 

53.1 

J 

^^      Total  Industry 

584.7 

53.9 

122.7 

93.1 

96.5 

436.1 

135.5 

846.7 

63.4 

151.4 
107.0 
136.0 
560.7 
138.2 

888.0 

87.9 
151.8 

98.6 
100.8 
542.9 
133.8 

873.7 

81.5 
132.6 
177.3 

69.0 
468.0 
128.6 

900.4 

57.2 
131.2 
173.8 

71.9 
442.8 
127.5 

840.5 

57.5 
160.9 
202.4 
112.3 
460.1 
134.7 

812.8 

(3)    Public  utilities,  transportation  &  communications 

67.5 
158.7 

186.5 

(6)    Instalment  finance  companies 

149.4 

(7)    Merchandisers 

484.0 

(8)    Other  business 

139.0 

Total  Agricultural,  Industrial  and  Commercial 
TOTAL  LOANS  IN  CANADA 

1,778.3 
2,575.3 

2,252.8 
3,144.8 

2,302.7 
3,153.7 

2,208.6 
3,137.1 

2,160.0 
3,048.0 

2,252.1 
3,187.6 

2,332.1 
3,229.1 

(1)    The  figures  for  September  have  been  published  by  the   Department  of 
Finance. 


(2)    Excluding  borrowings  by  instalment  finance  companies,  and  by  individuals 
on  the  security  of  marketable  stocks  and  bonds. 


OCTOBER  1952  164 

V— CHARTERED  BANKS 

Department  of  Finance 

Annual  Classification  of  Public  Demand  and  Notice  Deposits  in  Canadian  Currency 


NUMBER 

AMOUNT 

As  at 

Thousands 

Millions  of  Dollars 

September  30 

1948 

1949 

1950 

1951 

1952 

1948 

1949 

1950 

1951 

1952 

Demand  Deposits 

$1,000  or  less 

726.6 

767.5 

823.6 

852.9 

873.5 

180.4 

185.9 

179.5 

187.2 

197.2 

$1,000  to  $5,000 

163.4 

170.0 

158.3 

165.0 

183.1 

355.8 

373.3 

346.7 

363.4 

405.3 

$5,000  to  $25,000 

44.0 

47.7 

47.5 

49.7 

56.8 

434.8 

477.0 

478.1 

501.3 

578.7 

$25,000  to  $100,000 

8.5 

9.2 

9.8 

10.2 

11.9 

393.6 

425.2 

456.1 

475.7 

550.9 

Over  $100,000 

2.6 

2.9 

3.4 

3.3 

4.0 

1,032.6 

1,143.1 

1,378.8 

1,275.9 

1,470.5 

Adjustment  Items 

- 

- 

- 

- 

- 

-  37.1 

-  100.5 

-   130.5 

-   152.3 

-   176.7 

Total  Demand  Deposits 

945.1 

997.3 

1,042.6 

1,081.1 

1,129.2 

2,360.1 

2,504.1 

2,708.7 

2,651.1 

3,026.0 

Notice  Deposits 

$1,000  or  less 

5,718.5 

5,962.5 

6,170.1 

6,415.9 

6,665.7 

953.1 

997.5 

993.9 

1,021.4 

1,091.5 

$1,000  to  $5,000 

777.7 

827.6 

817.3 

821.6 

880.5 

1,605.1 

1,732.2 

1,729.5 

1,737.6 

1,866.3 

$5,000  to  $25,000 

103.4 

121.5 

130.5 

135.6 

145.9 

868.0 

1,017.3 

1,098.8 

1,143.7 

1,223.4 

$25,000  to  $100,000 

5.3 

5.8 

6.6 

6.7 

6.9 

228.1 

249.9 

285.9 

289.0 

295.3 

Over  $100,000 

1.0 

1.1 

1.2 

1.1 

1.1 

387.1 

405.4 

462.7 

393.1 

415.0 

Adjustment  Items 

- 

- 

- 

- 

- 

+7.1 

+9.3 

+  11.1 

+9.8 

+9.4 

Total  Notice  Deposits 

6,606.0 

6,918.4 

7,125.8 

7,380.9 

7,700.2 

4,048.5 

4,411.5 

4,581.9 

4,594.7 

4,900.9 

CHARTERED    BANKS:   AGRICULTURAL,    INDUSTRIAL   AND   COMMERCIAL    LOANS 

MILLIONS  OF   DOLLARS 


(1) 


MILLIONS  OF   DOLLARS 


1000 


(1)  Excluding  loans  to  grain  dealers. 

(2)  Including  loans  to  instalment  finance  companies. 


165 


OCTOBER  1952 


VI— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals(1) 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1951— June 

3.25 

3.15 

2.62 

2.35 

July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Mar. 

3.57 

3.50 

3.00 

2.29 

Apr. 

3.55 

3.52 

3.02 

2.34 

May 

3.47 

3.43 

3.04 

2.37 

June 

3.55 

3.53 

3.15 

2.55 

July 

3.62 

3.61 

3.33 

2.79 

Aug. 

3.70 

3.67 

3.41 

2.86 

Sept. 

3.67 

3.71 

3.49 

3.01 

Oct. 

3.64 

3.69 

3.47 

3.07 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada <2) 

U.K.W 

U.S.A.  «> 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

3.24 

3.55 

•   2.70 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

3.52 

4.29 

2.70 

3.52 

4.21 

2.60 

3.46 

4.29 

2.53 

3.49 

4.47 

2.55 

3.57 

4.45 

2.55 

3.61 

4.26 

2.65 

3.62 

4.12 

2.68 

3.59 

4.17 

2.70 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.754 

.512 

1.467 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

.943 

2.315 

1.784 

.979 

2.364 

1.650 

1.019 

2.384 

1.725 

1.075 

2.402 

1.753 

1.109 

2.466 

1.810 

1.102 

2.452 

1.903 

1.139 

2.486 

1.774 

1.187 

2.417 

1.836 

(1)  Payable  in  Canada  only.         (2)  Government  of  Canada  3%  due  Sept.  1,  1961-66.         (3)  United  Kingdom  3%  due  Apr.  IS,  1959-69. 
(4)  U.S.  Treasury  2>S%  due  Dec.  15,  1963-68;  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


Thousands  of  Fine  Ounces 


VII— CANADIAN  GOLD  STATISTICS 

Bank  of  Canada 


Net  Increase  or 

Net  Increase  or 

Net  Increase 

Decrease  in 

Decrease  in 

New  Gold 

Physical 

Physical 

or  Decrease 

Canadian 

Foreign  Owned 

Production*1' 

Imports'2' 

Export  sW 

in  Official 
Holdings'4' 

Owned  Gold 
Held  in  Safe- 
keeping Abroad 

Gold  Held  in 

Safekeeping  in 

Canada 

Calendar  Years 

1944 

2,862 

214 

1,311 

1,996 

- 

231 

1945 

2,503 

- 

1,505 

1,693 

- 

695 

1946 

2,600 

5 

9,834 

5,253 

- 

12,482 

1947 

2,851 

2 

15,524 

7,155 

- 

5,516 

1948 

3,423 

2,384 

2,505 

3,291 

- 

;/ 

1949 

3,866 

11 

1,967 

2,440 

- 

530 

1950 

4,283 

12,571 

980 

2,682 

2,857 

16,049 

1951 

4,080 

12,104 

347 

7,507 

143 

8,473 

Quarters 

1950—11 

1,098 

18 

367 

206 

- 

543 

III 

1,024 

4,382 

344 

955 

- 

4,107 

IV 

1,091 

8,171 

51 

1,065 

2,857 

11,003 

1951—1 

1,023 

9,220 

34 

870 

_ 

9,339 

II 

1,161 

2,858 

34 

1,013 

286 

3,258 

III 

957 

15 

153 

1,058 

143 

96 

IV 

939 

11 

126 

4,566 

286 

4,028 

1952—1 

1,150 

8 

11,723 

708 

3,000 

14,273 

Ht 

987 

2 

3,192 

519 

715 

2,007 

III* 

1,083 

1 

1,343 

35 

121 

345 

(1)    Newly  mined  gold  sold  by  the  Mint  (excl.  sales  for  industrial  purposes)  (2) 
plus  exports  of  raw  gold  or  concentrates  direct  from  the  mines  for  refining 

abroad  plus  commercial  sales  of  gold  abroad  by  mines  beginning  November  (3) 
1,  1951.   This  series  coincides  with  net  non-monetary  gold  exports  published 

since  1939.    Beginning  November  1,  1951,  the  series  excludes  increases  in  (4) 

commercial  gold  stocks  held  in  safekeeping  by  the  Mint  for  the  account  t 

of  the  mines.  * 


Excluding  small  amounts  of  unmanufactured  gold,  scrap  and  manufactured 

forms  which  are  shown  under  various  headings  in  the  import  returns. 

Excluding  the  gold  content  of  exports  of  jewellers'  sweepings  and  precious 

metals  scrap  which  are  shown  in  the  export  returns. 

Holdings  of  the  Exchange  Fund  and  Bank  of  Canada. 

Revised. 

Preliminary. 


OCTOBER  1952 


166 


VIII— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 


.(i) 


Cents  per  unit 

UJTF1U1A1 

,  KATES" 

U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

Buying 

Selling 

Mid -rate 

Buying 

Selling 

Mid-rate 

1939  -  Sept.  16(2) 

1945  -  Oct.    15<2> 

1946  -  July     6(2) 
1949  -  Sept.  20(2) 

110.00 
110.00 
100.00 
110.00 

111.00 
110.50 
100.50 
110.50 

110.50 
110.25 
100.25 
110.25 

443.00 
443.00 
402.00 
307.25 

447.00 
445.00 
404.00 
308.75 

445.00 
444.00 
403.00 
308.00 

MARKET  RATES' 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 

1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1951— Oct. 

105.50 

104.19 

105.08 

295.25 

291.63 

294.11 

Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

Feb. 

100.69 

100.00 

100.11 

280.00 

278.06 

278.43 

Mar. 

100.00 

98.38 

99.60 

280.19 

276.75 

278.60 

Apr. 

98.50 

97.88 

98.09 

276.88 

274.31 

275.43 

May 

98.75 

98.00 

98.38 

276.88 

273.94 

275.50 

June 

98.38 

97.19 

97.91 

274.13 

270.63 

272.64 

July 

97.75 

96.06 

96.92 

272.25 

267.31 

270.20 

Aug. 

96.66 

95.88 

96.14 

269.75 

267.13 

268.12 

Sept. 

96.06 

95.88 

95.98 

267.44 

266.75 

267.11 

Oct. 

97.16 

96.00 

96.43 

271.19 

267.25 

269.36 

(1)  Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16.  1939. 

(2)  Dates  on  which  official  rates  were  established  or  changed. 

(3)  Commencing  Oct.  2,  1950,  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  reported  on  transactions  between  banks  in  the  exchange 
market. 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS 


en 


CANADIAN    DOLLARS 

1.08 


CANADIAN   DOLLARS 

.08 


ONDJFMAMJ         JASONDJ         FMAMJJ         ASOND 
1950  1951  1952 

(1)    Market  rate;  see  footnote  (3)  to  table  above. 


167 


OCTOBER  1952 


OCTOBER  1952 


IX— PUBLIC  FINANCE:  PROVINCIAL  GOVERNMENTS  :  OUTSTANDING  DEBTt'" 

Bank  of  Canada,  Dominion  Bureau  of  Stat  islics  and  Dominion  -  Provincial  Conference 


Millions  of  Dollars 


Fiscal  year-end  nearest  to  Dec.  31st 


Direct  Debt 

Funded  Debt12' 

Less  Sinking  Funds 

Net  Funded  Debt 

Treasury  Bills 

Held  by  Govt,  of  Canada. 

Held  by  Others 

Total  Treasury  Bills 

Savings  Deposits 

Temporary  Loans 

Superannuation  &  Other  Deposits. 


Accrued  Interest 

Accounts  Payable  & 
-     Other  Liabilities'4*. 


Total  Direct  Debt  (Less  sinking  Funds) . . . 
Indirect  Debt 

Guaranteed  Bonds'5' 

Less  Sinking  Funds 

Net  Guaranteed  Bonds 

Loans  under  M.I.A.  Act'6' 

Guaranteed  Bank  Loans 

Other  Indirect  Debt'" 

Total  Indirect  Debt  (Less  sinking  Funds) . 
Total  Direct  and  Indirect  Debt 

(Less  Sinking  Funds) 


Provincial  Distribution'8' 

Newfoundland! 

Prince  Edward  Island 

Nova  Scotia 

New  Brunswick 

Quebec'" 

Ontario 

Manitoba 

Saskatchewan 

Alberta"' 

British  Columbia 


Total  Direct  and  Indirect  Debt 

(Less  Sinking  Funds) 


1926 


740.2 
41.6 


62.1 


62.1 

43.8 

1.9 

9.4 

9.7 

18.3 


843.8 


1,106.6 

108.5 
3.4 


3.3 
3.1 


104.5 


948.3 


2.1 
38.6 
37.8 
98.4 

404.2 
90.1 
58.8 

122.4 
95.9 


948.3 


1930 


974.9 
60.6 


1,265.9 
8S.4 


914.3 


91.2 


1,180.5 


51.6 
89.2 


91.2 
49.0 
8.5 
10.8 
13.5 
19.3 


1,416.0 

123.3 
5.2 


105.1 


10.3 
16.0 


1,238.0 


2.8 
55.4 
52.5 
104.9 
552.7 
107.6 
98.4 
136.5 
127.2 


1,238.0 


1933 


140.8 
30.8 
9.9 
15.4 
17.9 
20.7 


118.1 


22.0 
16.9 


157.0 


1,573.0 


3.9 

67.4 
61.5 
170.5 
692.4 
118.5 
153.3 
157.6 
147.9 


1,573.0 


1937 


1,511.6 
123.4 


1,734.5 
156.8 


1,388.2 


129.5 
103.3 


1,577.7 


160.6 
109.4 


232.8 
47.3 
14.4 
27.9 
18.0 
26.4 


1,755.0 

166.7 
13.3 


1,974.8 

164.4 
7.5 


153.4 

'  36.9 

17.7 

208.0 


1,963.0 


5.9 
93.1 
82.2 
285.6 
806.1 
122.4 
216.1 
172.3 
179.3 


1,963.0 


1940 


270.0 

41.7 

8.2 

.  28.5 
21.1 
27.6 


156.9 

7.5 

37.7 

19.8 


221.9 


2,196.7 


9.7 
101.7 
99.8 
425.9 
859.5 
120.3 
234.4 
168.6 
176.8 


2,196.7 


1945 


1,641.6 
199.6 


1,442.0 

178.1 
32.0 


210.1 
48.4 
24.4 
41.9 
17.9 
33.4 


1,818.1 

135.1 
4.6 


130.5 
5.3 
8.3 
12.4 


156.5 


1,974.6 


10.5 

95.9 

96.6 

387.0 

757.3 

97.1 

196.6 

161.1 

172.5 


1,974.6 


1949 


1,950.6 
289.0 


2,018.1 
312.6 


1,661.6 


93.7' 
39.4 


133.1 
67.9 
25.3 
72.7 
20.1 
52.4 


2,033.1 

28.3 
6.2 


2,103.1 

725.3 
5.5 


622.1 
4.5 
16.4 
7.8 


650.8 


2,683.9 


10.0 

14.8 

139.1 

151.5 


99.2 
152.0 
138.6 

251.2 


2,683.9 


1950 


2,258.7 
357.5 


1,705.5 


89.7 
56.9 


146.6 
64.8 
20.4 
78.4 
20.7 


719.8 

4.2 

27.8 

7.1 


759.0 


2,862.1 


10.3 
15.7 
162.0 
170.5 
628.3 
1,193.3 
118.9 
162.3 
117.9 
283.0 


2,862.1 


1951 


1,901.2 


85.8 
29.4 


115.2 
63.5 
26.5 
78.5 
22.1 

90.1 


2,297.0 

853.4 
5.2 


848.2 

3.6 

25.2 

6.2 


883.3 


3,180.3 


13.9 
17.7 
181.7 
177.1 
659.1 
1,407.3 
139.8 
164.6 
108.6 
310.5 


3,180.3 


t    Newfoundland  figures  included  since  joining  Canada  on  March  31, 1949.  (4)  Alberta  figures  for  years  1937-1949  inclusive,  include  a  liability  for  unpaid 

(1)  For  purposes  of  comparability  certain  liability  items  shown  on  Provincial  interest  on  bonds,  debentures  and  savings  certificates  which,  for  the  years 
Balance  Sheets,  such  as  reserves  and  trust  and  special  deposits  covered  by  1937-1945.  is  based  on  the  assumption  that  the  net  amount  of  back  interest 
designated  assets,  have  been  excluded.  The  analysis  in  general  conforms  provided  for  under  the  Debt  Refunding  Plan  was  accumulated  evenly  over 
with  that  used  in  Comparative  Statistics  of  Public  Finance,  Dom.-Prov.  the  Period.  The  1945  and  1949  figures  include  10.8  and  2.2  respectively 
Conference.    Also  see  note  (8).                                                                                   being  a  portion  of  the  interest  adjustments  deferred  under  the  plan. 

(2)  Includes  bonds,  debentures  and  stock  and  debentures  issued  for  the  school  (s'  Excluding  C.N.R.  bonds  guaranteed  by  provinces.   Also  see  note  (9). 
refinancing  plan  by  the  Quebec  Municipal  Commission.    See  note  (9).  (6)  Govt,  of  Canada  loans  under  Municipal  Improvements  Assistance  Act. 

<3)  ?r^,?„aiV?^eiy„d„U,e '?  thr  ^r5'"1™.' °f  indebtedness  of  the  four  western  (7)  Quebec  figures  of  indirect  debt  exclude  18.6,  35.6  and  37.2  in  the  years 
alAmZZxnT^Lt^V^f10--  an,d  "?  fina'  seUleme"t  of  <*>ima  1Q«.  49  and  50  being  commitments  on  the  Public  Charities  Fund  payable 

of  Alberta  and  Saskatchewan  regarding  natural  resources.  to  institutions  in  equal  instalments.     Similar  grants  In  other  provinces 


Fiscal  year-end  nearest  to  Dec.  31st 


FUNDED  DEBT  (Less  Staking  Funds) 

Newfoundland! 

Prince  Edward  Island 

Nova  Scotia 

New  Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta 

British  Columbia 


Total. 


Treasury  Bills  Held  by  Govt,  of  Canada 

Manitoba 

Saskatchewan 

Alberta  

British  Columbia : 


Total. 


Treasury  bills  Held  by  Others 

Newfoundland! 

Nova  Scotia 

New  Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta 

British  Columbia 


Total. 


Other  Direct  Debt"1" 

Newfoundland! 

Prince  Edward  Island. 

Nova  Scotia 

New  Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta0' 

British  Columbia 


Total. 


Total  Indirect  Debt  (Less  sinking  Funds) 

Newfoundlandf 

Prince  Edward  Island 

Nova  Scotia 

New  Brunswick 


m  ' 


Quebec 

Ontario 

Manitoba 

Saskatchewan. . . . 

Alberta 

British  Columbia. 


Total. 


1.4 
32.9 
32.8 
73.4 
272.9 
62.9 
55.0 
84.5 
82.8 


698.6 


2.5 


48.0 
1.8 


62.1 


.6 

3.1 

3.9 

11.8 

27.0 

16.8 

1.4 

12.5 

6.0 


83.1 


.1 
1.2 
6.5 

56.3 
8.7 
1.5 

25.4 
4.8 


104.5 


1930 


1.7 
50.7 
38.6 
74.4 

397.7 
75.5 
80.1 

101.6 
94.0 


914.3 


1.5 

4.7 

39.0 
8.2 
7.9 
9.9 

20.0 


91.2 


1.1 
2.7 
8.0 
10.9 
36.0 
16.7 
4.1 
14.4 
7.2 


101.1 


.5 

1.1 

19.6 

80.0 

7.3 

6.3 

10.6 

6.0 


131.4 


1933 


3.0 
60.9 
57.0 
111.4 
518.3 
82.4 
105.4 
120.8 
121.3 


1,180.5 


10.5 

23.8 

10.5 

6.8 


51.6 


1.5 

.8 

13.5 

36.6 

18.1 

11.9 

1.0 

5.8 


89.2 


1.0 
4.2 
2.1 
15.8 
38.3 
2.3 
7.1 
16.6 
7.3 


94.7 


.9 
1.6 
29.7 
99.2 
5.2 
5.0 
8.7 
6.7 


157.0 


1937 


4.7 
85.3 
68.5 
232.2 
575.7 
82.6 
111.4 
116.1 
111.7 


1,388.2 


21.4 
48.3 
26.5 
33.3 


129.5 


2.2 

5.9 

9.5 

49.0 

11.9 

17.5 

1.0 

6.3 


103.3 


1.2 

5.0 

6.0 

11.1 

53.6 

2.6 

12.9 

20.3 

21.3 


134.0 


.1 

.4 

1.9 

32.8 

127.8 

4.0 

26.0 

8.3 

6.6 


208.0 


1940 


94.5 
91.9 
361.0 
616.6 
75.3 
107.5 
114.2 
109.9 


1,577.7 


25.2 
74.2 
26.5 
34.7 


160.6 


2.9 
9.5 

61.0 

11.0 

16.6 

1.7 

6.7 


109.4 


2.6 
4.0 
2.2 
16.7 
52.3 
4.9 
9.8 
17.8 
16.8 


127.1 


.2 

3.2 

2.8 

38.6 

129.6 

3.9 

26.4 

8.5 

8.7 


221.9 


1945 


7.6 
81.8 
91.3 
340.7 
560.8 
56.9 
91.1 
114.6 
97.2 


1,442.0 


24.7 
92.8 
26.2 
34.4 


178.1 


8.5 


8.5 
7.5 


7.6 


32.0 


2.8 
11.4 

3.4 
18.3 
78.8 

4.7 

3.8 
18.4 
24.4 


166.0 


.1 
2.7 
1.9 
19.5 
117.7 
2.3 
1.5 
1.9 
8.9 


156.5 


168 


Millions  of  Dollars 


1949 


4.1 
13.5 
122.7 
133.3 
383.2s 
585.3 
67.4 
106.0 
109.0 
137.1 


1,661.6 


18.3 
39.5 
12.2 
23.7 


93.7 


.5 
18.0 


7.8 
.7 


12.4 


1.2 
12.5 

7.5 
29.7 
108.6 

4.9 

5.1 
14.3 
53.8 


238.4 


5.0 

.1 

3.9 

10.2 

208.1 

394.7 

.8 

.7 

3.1 

24.2 


650.8 


1950 


4.0 

13.8 

137.6 

157.0 

380.5' 

582.7 

75.2 

118.6 

88.8 

147.4 


17.8 
37.1 
11.8 
23.0 


89.7 


10.0 

.5 

1.5 

5.0 

19.7 


20.2 


56.9 


.4 
1.8 

10.6 
5.1 

39.0 

110.2 

5.1 

5.8 

13.2 

59.9 


251.0 


5.9 

.1 

3.8 

7.9 

207.3 

495.4 

1.1 

.8 

4.1 

32.6 


759.0 


allv  through  current  account  and  not  shown  as  contingent   (9)    School  refinancing  bonds  of  55.3,  51.2  and 1  47.7  (est.)  in  the  years  1949. 
)  QuebeTfigures Exclude  14.1  Commitments  under  Housing  1950  and  1951  respectively,  issued  by  the  Quebec  Municipal  Commission 

and  guaranteed  by  the  Province  are  included  in  Direct  Funded  Debt. 


are  voted  annuall. 
'    liabilities.    1950  Quebec  figures  e 
rs>    M^IanrolSi'nce1'Shav2eeas°seets<9s)ucli  as  cash,  investments,  advances  to  or   (10)  IndlTdes  "»lriSk"de'p"ciits7 temionuy  loans,   superannuation  and   other 
'    marllK  foTeSS  of   is^-UtlSting  nature.    Thus  the  "dead  deposits,  accrued  interest,  accounts  payable  and  other  habUities 

?u„?If...  KA_«""r."„™i„  ,„,,  year  may  bl  considerably  less  than  the    *    Approximate   figures,   compiled   from   information  contained   in  budget 

speeches,  preliminary  releases  and  related  material. 


amount  shown  hereunder. 


169 


OCTOBER  1952 


Millions  of  Dollars 


IX— PROVINCIAL  GOVERNMENTS  :  CURRENT  REVENUEt" 

Bank  of  Canada,  Dominion  Bureau  of  Statistics  and  Dom.  -  Prov.  Conference 


Fiscal  Year  nearest  to  Calendar  Year 


From  the  Public 

Taxes  on  Income  of  Individuals. 
Taxes  on  Corporation  Profits'3' . 

Other  Corporation  Taxes 

Revenue  from  Public  Domain. . . 
Succession  Duties 


Liquor  Revenue  (Net) . 

Tobacco  Tax 

Amusement  Taxes 


Gasoline  Taxes 

Motor  Vehicle  Licences. 


Taxes  on  Real  Property15'. 

Retail  Sales  Taxes 

Miscellaneous  Taxes'6'. . . . 


Licences,  Permits  and  Fees  (ex.  Motor  Vehicles) 
Other  Revenue 


Total  from  the  Public. 


From  the  Government  of  Canada'" 

Subsidies 

Interim  Grants 

Transfers  under  Tax  Agreements'8' 

Gasoline  Tax  Guarantees 

Share  of  Income  Tax,  Certain  Public  Utilities. 

Total  from  Government  of  Canada'".  . 


Total  Current  Revenue. 


1926 


1.5 

1.6 

11.9 

21.3 

15.7 

16.4 

4.9 

6.5 
15.9 

9.5 

2.3 

7.8 
2.5 

117.8 


12.5 


12.5 


130.3 


1930 


2.1 

2.6 

14.0 

18.6 

20.7 

32.6 

4.5 

23.5 
19.7 

6.0 


8.6 
2.6 


157.3 


12.6 
1.6 


14.2 


171.5 


1933 


5.2 

3.2 

16.0 

12.8 

12.8 

16.4 

3.2 

26.2 
20.6 

5.5 

2.6 

7.7 
2.2 

134.4 


13.7 
1.6 


15.3 


149.7 


1937 


11.8 
8.7 
21.1 
25.5 
36.7 

29.9 

2.8 

38.8 
26.5 

5.5 
1.9 
2.9 

8.6 
2.3 

223.0 


13.7 
8.1 


21.8 


244.8 


19402 


16.3 
29.0 
25.3 
29.8 
22.2 

37.4 
2.0 

2.7 

56.6 
29.6 

5.6 

11.8 

2.9 

8.7 
2.1 


282.0 


13.7 
6.1 


19.8 


301.8 


1945 


.3 

.1 

.8 

40.3 

25.2 

100.1 
5.6 
6.6 

58.1 
31.8 

7.1 

20.8 

5.7 

12.4 
3.3 

318.2 


14.4 

83.3 
3.5 


101.2 


419.4 


1949 


.1 

106.1 

21.0 

92.4 

29.2 

134.4 

9.6 

20.4 

137.8 
58.2 

5.2 
61.9 
25.0 

17.2 
13.3 

731.7 


19.1 

6.5 

79.8 

1.5 

106.9 

838.6 


1950 


.1 
128.0 

23.0 
114.1 

31.2 

138.9 
10.0 
18.8 

155.4 
66.9 

6.0 
75.8 
26.2 

20.4 
13.1 


828.0 


18.7 

6.5 

91.8 

4.5 

121.5 

949.5 


1951 

• 


>183.5 

123.6 
32.1 

139.5 

9.8 

19.4 

177.8 
70.5 

6.9 
90.3 
31.0 

20.5 
13.5 


918.4 


19.7 

6.5 

97.6 

3.8 

127.6 

1046.0 


1952 
•• 


►  74.8< 

120.6 
27.9 

126.2 

7.5 

19.1 

180.8 
70.1 

6.3 
90.6 
31.3 

19.2 
12.7 

787.0 


20.0 

5.7 

273.7 

2.3 

301.6 

1088.6 


Provincial  Distribution^ 

Newfoundlandf 

Prince  Edward  Island 

Nova  Scotia 

New  Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta"') 

British  Columbia 

Total  Current  Revenue'9'  . 


.9 

4.6 
4.1 
29.7 
37.8 
10.0 
11.7 
10.1 
21.4 


130.3 


1.1 

6.7 

6.4 

43.3 

55.1 

10.9 

11.9 

12.7 

23.4 

171.5 


1.2 
6.7 
5.0 
31.0 
52.0 
12.0 
10.9 
11.7 
19.2 


1.6 
10.5 

7.7 
57.2 
87.1 
15.3 
16.1 
18.7 
30.6 


1.7 
13.2 
10.0 
80.0 
103.2 
17.3 
20.1 
20.8 
35.5 


2.5 
19.0 
14.2 
114.6 
132.9 
22.5 
33.4 
34.2 
46.1 


17.7 

5.1 

34.3 

29.4 

207.6 

234.6 

38.1 

60.4 

88.4 

123.0 


21.5 

5.6 

35.610 

32.3 

238.2 

265.1 

41.7 

66.5 

104.9 

138.1 


25.4 

6.0 

39.0 

40.6 

275.5 

291.1 

44.9 

71.5 

105.6 

146.5 


31.3 

6.5 

43.7 

43.0 

262.5 

317.4 

45.7 

71.7 

107.4 

159.3 


149.7 


244.8 


301.8 


419.4 


838.6 


949.5 


1046.0 


1088.6 


f      Newfoundland  figures  included  since  joining  Canada  on  March  31,  1949. 

(1)  Excludes  interest  receipts,  grants-in-aid  for  unemployment  relief,  old  age 
pensions,  technical  education,  etc.;  refunds  from  other  provinces,  muni- 
cipalities, etc.;  and  institutional  revenues  from  sales  of  produce  and  services, 
all  of  which  have  been  deducted  from  corresponding  items  of  expenditure. 

(2)  Quebec  figures  for  the  nine  month  fiscal  period  ended  March  31,  1941 
have  been  adjusted  to  twelve  month  period. 

(3)  In  the  years  1949-1951  includes  sums  received  by  the  provinces  with  Tax 
Rental  Agreements  from  the  5%  levy  collected  on  their  behalf  by  the 
Government  of  Canada. 

(4)  Excludes  Ontario's  estimate  of  revenue  from  this  source  as  Ontario  has 
signed  a  Tax  Rental  Agreement  and  the  revenue  expected  therefrom  is 
included  in  the  item  "Transfers  under  Tax  Agreements". 

(5)  Includes  Highway  Tax  (N.S.)  and  Municipal  Commissioner's  Levy  (Man.). 

(6)  Includes  premiums  paid  by  individuals  under  the  compulsory  Hospital 
Services  Plans  in  Saskatchewan  (1947-52)  and  British  Columbia  (1949-52). 


(7) 


(8) 


(9) 


Common  School  and  School  Lands  Funds  interest  revenue  is  included  in 
the  contra  expenditure  item  —  "Less  Interest  Revenue  Received". 

Excludes  5%  provincial  tax  on  corporate  profits  (1949-51).  See  note  (3). 
Includes  Ontario's  rental  (1952).     See  note  (4). 

Totals  will  differ  from  the  total  revenue  figures  in  the  Provincial  Public 
Accounts  since  for  the  purpose  of  comparison  a  number  of  adjustments 
have  been  made,  including  the  deductions  of  certain  items  of  revenue 
from  the  corresponding  expenditure.     See  footnotes  (1),  (4)  and  (7). 

(10)  Based  on  official  statement  for  12  months  ended  November  30th,  1950. 

(11)  Alberta  revenue  figures  for  the  years  1937-1945  inclusive  have  been  ad- 
justed to  conform  to  arrangements  with  the  Government  of  Canada  in 
connection  with  the  Debt  Refunding  Plan. 

•k  Approximate   figures,   compiled   from    information   contained   in   budget 
speeches,  preliminary  releases  and  related  material. 

•A-fcCompiled  from  information  contained  in  official  estimates  adjusted  to  a 
comparable  basis.     Also  see  footnotes  (1),  (4)  and  (7). 


OCTOBER  1952 


IX— PROVINCIAL  GOVERNMENTS  :  CURRENT  EXPENDITURE! 

Bank  of  Canada,  Dominion  Bureau  of  Statistics  and  Dom.  -  Prov.  Conference 


(i) 


170 


Millions  of  Dollars 


Fiscal  Year  nearest  to  Calendar  Year 

1926 

1930 

1933 

1937 

1940 

1945 

1949 

1950 

1951 
• 

1952 
•• 

Education 

25.6 

10.6 
6.5 

33.8 

4.6 
17.9 

7.4 

27.5 

3.3 

18.1 

6.2 

33.0 

9.7 
23.8 
11.1 

37.5 

10.5 
28.1 
13.6 

71.4 

18.7 

41.1 
19.4 

150.1 

38.2 

129.3 

35.4 

172.4 

40.6 

139.3 

41.4 

182.6 

40.4 

165.9 

45.3 

201.3 

Public  Welfare  (Ex.  Relief) 

Old  Age  Pensions'2' 

34  9 

Health  and  Hospital  Care    

175  1 

Other 

50  7 

Total  Public  Welfare  (ex.  Relief) 

Highways  &  Other  Aids  to  Transport 

Public  Domain 

17.1 

22.2 

8.9 

4.7 

9.6 

9.4 

2.4 

41.6 

10.6 

29.9 
37.8 
14.4 

7.1 
12.8 
11.8 

3.2 
51.9 
15.4 

27.6 

18.6 

8.7 

7.0 

11.2 

10.0 

2.3 

73.7 

15.4 

44.6 
28.0 
14.3 

6.9 
13.6 
13.8 

3.3 
73.8 
11.7 
51.1 

3.2 
3.4 

52.2 
33.1 
16.1 

7.8 
14.5 
15.6 

2.2 
84.3 
24.5 

79.2 
55.9 
22.1 
13.6 
17.2 
19.8 
4.2 
77.0 
25.7 

202.9 
120.7 
46.4 
24.7 
33.0 
39.4 
4.3 
77.7 
16.6 

221.2 
128.1 
51.1 
22.0 
36.3 
42.3 
3.3 
80.9 
18.4 

251.6 
151.0 
56.8 
24.9 
41.3 
48.5 
3.6 
82.8 
31.8 

260.7 

156.7 

62  2 

Agriculture 

28  1 

Administration  of  Justice 

42  5 

General  Government*4' 

52  8 

Legislation 

3.8 

Gross  Debt  Service  (Ex.  Debt  Repayment)'5'  — 
Less  Interest  Revenue  Received^ 

89.1 
33  6 

Net  Debt  Service 

21.0 

1.1 

2.4 

26.5 

1.1 
3.7 

48.3 

.1 

1.2 

59.8 

3.3 

4.7 

51.3 

3.7 

4.2 

51.1 

12.6 
25.6 

52.5 

14.1 
24 .4 

50.9 

19.6 

32.9 

863.6 

11.6 

55  5 

Subsidies  to  Municipalities  for 

General  Purposes 

24.3 

Other 

28.0 

Sub-Total  (Ex.  Relief) 

124.4 
.1 

182.1 
5.0 

162.5 
36.1 

215.2 
60.5 

246.8 
18.5 

342.5 
3.8 

710.8 
13.3 

767.6 
13.3 

780.9 

915.9 

Relief 

12.8 

Total  Current  Expenditure 

124.5 

187.1 

198.6 

275.7 

265.3 

346.3 

724.0 

875.2 

928.7 

Provincial  Distribution"' 

Newfoundlandf 

.8 

5.1 

3.9 

26.1 

40.9 

8.5 

9.9 

9.6 

19.7 

1.1 
6.7 
6.3 
42.6 
60.8 
11.8 
17.0 
15.3 
25.6 

1.1 
8.3 
5.8 
42.9 
65.7 
15.0 
21.3 
16.4 
22.1 

1.4 
9.9 
7.4 
66.2 
85.1 
15.8 
43.6 
17.4 
28.9 

1.6 
11.2 

8.9 
69.58 
89.7 
15.2 
22.0 
17.2 
30.0 

2.5 
16.8 
12.5 
93.3 
123.4 
15.3 
26.3 
21.6 
34.6 

22.1 

4.7 

31.8 

26.3 

167.5 

224.8 

28.1 

53.3 

43.4 

122.0 

22.1 

5.1 

34.09 

29.6 

184.2 

240.5 

32.3 

56.8 

50.0 

126.3 

25.1 

5.4 

35.9 

36.5 

193.3 

287.2 

35.3 

61.6 

55.4 

139.6 

27  0 

Prince  Edward  Island 

5  8 

39  3 

37  1 

Quebec 

202  6 

301.9 

Manitoba 

36  4 

Saskatchewan 

65.3 

Alberta'10' 

65.0 

148.3 

Total  Current  Expenditure 

124.5 

187.1 

198.6 

275.7 

265.3 

346.3 

724.0 

780.9 

875.2 

928.7 

t     Newfoundland  figures  included  since  joining  Canada  on  March  31st,  1949. 

(1)  Includes  items  v/hich  provinces  may  place  in  capital  account,  such  as 
rural  hydro  bonus,  grants  for  construction  of  schools,  municipal  roads, 
hospitals  and  other  institutions  not  provincially  owned,  and  direct  relief 
expenditures.  Also  for  the  purpose  of  comparison,  certain  items  of  revenue 
have  been  deducted  from  the  corresponding  expenditure.  See  footnotes 
(1)  and  (7)  page  169. 

(2)  Includes  Old  Age  Assistance  payments  (1951-52).  Excludes  pensions  for 
the  blind. 

(3)  Includes  expenditures  for  health  care  and  payments  to  hospitals  under  the 
Hospital  Services  Plans  in  Saskatchewan  (1947-52)  and  British  Columbia 
(1949-52). 

(4)  Composed  largely  of  expenditures  of  general  administrative  departments. 
Administration  cost  of  each  function  of  government  shown  in  this  table 
has  been  charged  to  that  function. 

(5)  Includes  an  amount  for  unpaid  interest  in  Alberta  for  the  years  1937-1950 


inclusive.  For  the  years  1937-1945  this  is  based  on  cash  payments  for 
interest  adjustments,  less  offsetting  reimbursements,  made  under  the  Debt 
Refunding  Plan,  spread  evenly  over  the  default  period.  Figures  for  the 
years  1946-1950  include  the  payments  on  the  interest  adjustments  deferred 
in  accordance  with  the  plan. 

(6)  Includes  sinking  fund  earnings.  Also  interest  revenue  from  Common  School 
and  School  Lands  Funds.     See  footnote  (7)  page  169. 

(7)  Totals  will  differ  from  the  total  expenditure  figures  given  in  the  Provincial 
Public  Accounts  since  for  the  purpose  of  comparison  a  number  of  adjust- 
ments have  been  made  including  the  deduction  of  certain  revenue  items. 
(See  footnote  (1)). 

(8)  See  footnote  (2)  page  169. 

(9)  See  footnote  (10)  page  169. 
(10)  See  footnote  (5). 

*      *■*■  See  notes  on  page  169. 


171 


OCTOBER  1952 


X— BOND  ISSUES  AND  RETIREMENTS^ 

Par  Values  in  Millions  of  Canadian  Dollars™  Bank  °f  Canada 


I-Govt.  of  Canada  Direct  & 
Guaranteed  and  Other  C.N.R.W 

II-Provincial  Direct  and  Guaranteed 

New  Issues 

RETIREMENTS 

Net  New 

Issues  or 

Retirements 

New  Issues 

RETIREMENTS 

Net  New 
Issues  or 

New 

Refunding 

Refunded 

Other 

Retirements 

Calendar  Years 
1949 
1950 
1951 

1950— IV 

1951—1 
II 
III 

IV 

1952—1 
II 
III 

820.7 

2,191.7 

591.6 

972.6 

20.2 

4.1 

2.3 

565.0 

14.9 
9.7 
5.1 

1,236.7 

2,282.6 
922.1 

932.5 

117.5 

76.3 

113.5 

614.8 

118.1 
70.2 
58.0 

416.0 

90.9 

330.5 

40.1 

97.3 

72.2 

111.2 

49.8 

103.2 
60.5 
52.9 

409.4 
276.9 
321.1* 

26.6 

31.7 
121.9 
100.1* 

67.4 

146.7* 
70.6* 
41.6 

54.1 

132.1 

90.1 

10.2 

11.2 
36.9 

42.0 

20.5* 

4.0 

43.2 

73.5 

131.8 

72.4 

10.2 

15.4 

18.6 
38.4 

15.4* 

48.8 

1.5 

70.9 
120.9 
123.5 

27.0 

53.4 
28.1 
16.6 
25.4 

23.1* 

33.4 

12.1 

319.1 
156.3 
215.3 

.4 

25.9 
130.6 
64.9* 
45.7 

128.7 

7.6* 
71.2 

HI-CORPORATIONS 

New  Issues 

RETIREMENTS 

Net  New 

Issues  or 

Retirements 

New 

Refunding 

Refunded 

Other 

Calendar  Years 
1949 
1950 
1951 

254.9 
434.0 
356.2* 

41.8 
55.6 
11.5 

41.8 
55.6 
11.5 

86.6 
87.2 
97.3* 

168.3 
346.9 
258.9* 

1950— IV 

139.6 

15.6 

17.4 

27.0 

110.7 

1951—1 
II 
III 
IV 

100.4 
54.7 
79.0 

122.1* 

.7 
5.5 
1.5 
3.8 

.7 
5.5 
1.5 
3.8 

21.2 

16.7* 

22.3 

36.9* 

79.1 
38.0* 
56.7 
85.2* 

1952—1 
II 
III 

57.8* 

251.8* 

58.1 

5.8* 
.9 

5.8* 
.9 

28.5* 
32.0* 
22.3 

29.3* 

219.8* 

35.8 

I+II+III 


Net  New 

Issues  or 

Retirements 


71.4 
412.3 
143.7* 

150.4 

44.0 
96.4* 
10.4* 
81.0* 

54.7* 

151.7* 

54.0 


IV-Govt.ofCanadaTreasuryBills, 
Deposit  Certificates  and  Short- 
TermNotesSoldDirectlytoBank 
of  Canada  and  Chartered  Banks 

Net  New 

Issues  or 

Retirements 

Total 

Outstanding 

at  End  of  Period 

100 
300 
100 

1,200 
1,500 
1,400 

- 

1,500 

100 

1,400 
1,400 
1,400 
1,400 

100 

1,400 
1,400 
1,500 

SUMMARY  OF  CHANGES  IN  CURRENCY  OF  PAYMENT(1)(4) 

GOVERNMENT  OF  CANADA  AND  PROVINCIAL  DIRECT  AND  GUARANTEED,  OTHER  C.N.R. 
„        „  .  .      ,,.„.  ,„  ,.        „    „        f2)  AND  CORPORATION  BONDS 

Par  Values  m  Millions  of  Canadian  Dollars^  ' 


NEW  ISSUES  were  payable  In: 

Retirements 

were  payable  in: 

Net  Increase  or 

Net  Decrease 

In  Bonds  Outstand- 

Canada 
only 

New  York 
only 

Canada  & 
New  York 

London 

Total 

Canada 
only 

New  York 
only 

Canada  & 
New  York 

Canada, 
New  York 
&  London 

(6) 

London 

Total 

ing  Payable: 

In  Canada 
only 

Abroad 

Calendar  Years 
1949 
1950 
1951 

1,480.7 
2,869.4 
1,092.7* 

100.0 
221.0 

277.8 

- 

.2 

1,580.9 
3,090.4 
1,370.5* 

1,389.1 
2,416.4 
1,117.4* 

8.8 

126.6 

8.4 

10.9 
78.9 

37.7 

91.5 
45.7 
61.6 

9.2 

10.6 

1.6 

1,509.5 
2,678.1 
1,226.8* 

91.6 
453.0 

24.7* 

20.2 

40.8 

168.5 

1950— IV 

1,164.6 

- 

- 

- 

1,164.6 

897.8 

113.2 

.9 

1.8 

.4 

1,014.1 

266.7 

116.3 

1951—    I 

II 

III 

IV 

153.3 

101.8 

85.8* 

751.8* 

10.9 

121.2 

97.1 

48.5 

- 

- 

164.2 
223.0 
183.0* 
800.3* 

195.0 

116.8* 

95.7 

709.9* 

1.3 
3.1 
1.3 
2.7 

5.8 

3.9 

23.4 

4.7 

5.8 

2.4 

51.8 

1.7 

.4 
.4 
.4 
.4 

208.2 
126.6* 
172.6 
719.4* 

41.7 
15.0* 
9.9* 
41.9* 

2.4 

111.5 

20.3 

39.1 

1952—    I 

II 

III 

191.7* 
190.1* 
123.0 

36.2 

140.0* 

25.9 

12.0 
11.8 

- 

239.9* 
341.9* 
148.9 

177.8* 

161.2* 

91.6 

1.2 

2.6 

.9 

1.5* 
23.7 
1.9 

3.5 

2.3 

.1 

1.2 
.4 

.4 

185.2* 

190.2* 

94.9 

13.9* 
28.9* 
31.4 

40.8* 

122.8* 

22.6 

(1)  Subject  to  revision.  The  figures  exclude  changes  in  refundable  taxes, 
provincial  treasury  bills  and  the  issues  and  retirements  of  municipalities 
and  religious  institutions.  The  changes  in  refundable  taxes  were  287, 
56  and  90  millions  and  the  net  increases  in  total  municipal  bonded  debt 
are  estimated  to  have  been  105.  133  and  153  millions  from  1949  to  1951 
respectively. 

(2)  Foreign  currencies  have  been  converted  to  Canadian  dollars  at  official 


rates  of  exchange  to  Sept.  30.  1950,  and  at  market  noon  rates  thereafter. 
In  the  case  of  optional-pay  issues  the  option  most  favourable  to  the  lender 
has  been  taken. 

(3)  Excludes  issues  shown  in  item  IV  below. 

(4)  Excludes  issues  shown  in  item  IV  above. 

(5)  Including  issues  payable  optionally  in  Canada  or  London. 
*      Revised. 


. 


OCTOBER  1952 


172 


XI— BUSINESS  ACTIVITY 

Dominion  Bureau  of  Statistics 


Production 

Res- 
idential 

Con- 
struction 

Value 

of 

Department 

Employ- 

Aggregate 

Car 

Loadings 

ment 
Index 

(4) 

Payrolls 

News- 

Central 

Index 

w 

Gold 

Nickel 

Steel 

print 
(i) 

Electric 
Stations (2) 

Contracts 
Awarded (3) 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions 

Millions 

Fine  Ounces 

Short  Tons 

Short  Tons 

Short  Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939-100 

1939-100 

AnnualTotals<5> 

1932 

3,044 

15 

380 

2,186 

12,296 

29 

2,180 

254 

* 

* 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

* 

* 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

873 

168.0 

321.8 

1951 

4,364 

138 

3,567 

5,516 

51,916 

437 

4,183 

902 

180.2 

381.3 

12-mths.  ending 

Sept.  1952 

4,386** 

139 

3,708 

5,657 

54,400 

466 

4,163 

938 

183.2 

415.4 

Monthly 

1951— Aug. 

345.1 

12.3 

286.8 

484.6 

4,317 

35.2 

363 

C1.5 

184.3 

394.0 

Sept. 

359.0 

11.7 

268.2 

431.1 

4,149 

30.0 

350 

72.4 

185.4 

400.2 

Oct. 

378.4 

11.8 

309.4 

492.5 

4,512 

29.2 

390 

81.3 

186.5 

410.0 

Nov. 

372.4 

11.6 

307.1 

471.7 

4,473 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

376.0 

11.4 

296.5 

435.3 

4,626 

26.9 

315 

119.8 

186.6 

416.7 

1952— Jan. 

354.6 

11.8 

317.0 

470.5 

4,784 

20.0 

333 

55.2 

181.0 

388.8 

Feb. 

352.7 

10.7 

305.9 

457.8 

4,500 

17.8 

316 

60.2 

177.8 

402.9 

Mar. 

364.7 

12.3 

339.4 

476.5 

4,702 

30.2 

331 

70.2 

178.0 

409.0 

Apr. 

363.1 

12.3 

316.6 

471.2 

4,475 

42.9 

326 

75.1 

177.9 

411.5 

May 

365.9 

11.3 

330.5 

496.0 

4,596 

42.6 

358 

83.7 

177.4 

410.6 

June 

356.4 

12.5 

305.5 

451.9 

4,346 

61.0 

347 

77.1 

182.5 

420.2 

July 

373.2 

10.4 

293.4 

485.5 

4,358 

64.7 

364 

59.8 

185.5 

426.3 

Aug. 

369.8 

11.9 

298.9 

486.5 

4,457 

41.3 

354 

69.6 

188.8 

433.3 

Sept. 

10.9 

288.0 

461.5 

4,571 

42.3 

362 

84.3 

190.1 

441.6 

(1)    Source:  Newsprint  Association  of  Canada.     Includes  Newfoundland.  (2)   Total  output  less  exports  and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.  (3)  Source:  MacLean  Building  Reports,  Ltd.  (4)   9  Leading  industries.       First  of  month  figures.  (5)  Average  of 

months  in  case  of  Employment  and  Payrolls  Indexes.  *  Not  available.  **  12  mths.  ending  Aug.  1952. 


XII 

CANADA 

Dominion  Bureau  of  Statistics 


-WHOLESALE  PRICES 

U.S.A. 

Bureau  of  Labour  Statistics 


U.K. 

Bd.  Trade 


Farm  Products(1) 

Raw  and 

Fully  & 

Pro- 
cessed 
Foods 

All  Other 

Com- 
modities 

Total 
Index 

Partly 
Manu- 

Chiefly 
Manu- 

Total 
Index 

Farm 
Products 

Total 
Index 

Total 

Index 

Field  f 

Animal 

Totalf 

factured 

factured 

/ 

ndex  1935 

-39  =  10 

0 

h 

idex  1947 

-49  =  10 

0 

(2) 

(3) 

Aver,  of  Mths. 

1926 

130.3 

158.5 

130.2 

144.4 

129.1 

133.0 

65.0 

* 

* 

71.5 

124.2 

124.8 

1939 

99.2 

83.7 

101.5 

92.6 

94.9 

101.9 

50.1 

* 

* 

58.1 

95.7 

103.5 

1947 

163.3 

184.1 

200.2 

192.2 

164.3 

162.4 

96.4 

100.0 

98.2 

95.3 

184.1 

193.2 

1948 

193.4 

200.6 

263.7 

232.1 

196.3 

192.4 

104.4 

107.3 

106.1 

103.4 

199.4 

220.9 

1949 

198.3 

191.9 

265.4 

228.7 

197.1 

199.2 

99.2 

92.8 

95.7 

101.3 

189.4 

231.6 

1950 

211.2 

191.9 

281.4 

236.7 

212.8 

211.0 

103.1 

97.5 

99.8 

105.0 

196.9 

264.2 

1951 

240.2 

193.4 

336.9 

265.1 

237.9 

242.4 

114.8 

113.4 

111.4 

115.9 

219.3 

321.8 

Monthly 

1951— July 

243.7 

195.4 

358.9 

277.1 

242.5 

245.6 

114.2 

111.1 

110.7 

115.7 

218.1 

322.2 

Aug. 

241.4 

178.3f 

348.3 

263 .3 1 

237.1 

245.0 

113.7 

110.4 

111.2 

114.9 

217.2 

325.9 

Sept. 

240.0 

181.7 

339.2 

260.5 

235.7 

243.7 

113.4 

109.9 

110.9 

114.8 

216.6 

327.5 

Oct. 

239.6 

188.1 

330.4 

259.3 

236.3 

242.7 

113.7 

111.5 

111.6 

114.6 

217.2 

331.1 

Nov. 

239.1 

201.4 

328.5 

264.9 

237.1 

241.5 

113.6 

112.0 

111.0 

114.5 

217.0 

330.9 

Dec. 

237.7 

204.4 

328.9 

266.7 

236.0 

239.8 

113.5 

111.3 

110.7 

114.6 

216.8 

332.5 

1952— Jan. 

236.8 

208.0 

318.2 

263.1 

233.3 

239.7 

113.0 

110.0 

110.1 

114.3 

215.8 

337.3 

Feb. 

232.6 

205.1 

297.3 

251.2 

227.8 

236.2 

112.5 

107.8 

109.5 

114.2 

214.9 

331.7 

Mar. 

230.8 

213.3 

283.3 

248.3 

225.5 

234.6 

112.3 

108.2 

109.2 

113.8 

214.5 

335.3 

Apr. 

226.9 

217.1 

273.7 

245.4 

221.3 

230.7 

111.8 

108.7 

108.0 

113.3 

213.5 

332.2 

May 

224.8 

223.2 

265.4 

244.3 

220.2 

228.1 

111.6 

107.9 

108.6 

113.0 

213.1 

329.9 

June 

226.5 

227.6 

271.4 

249.5 

220.6 

230.6 

111.3 

107.3 

108.7 

112.6 

212.6 

329.8 

July 

225.5 

213.3 

275.3 

244.3 

218.5 

230.0 

111.8 

110.2 

110.0 

112.5 

213.5 

329.4 

Aug. 

223.9 

195.3 

277.2 

236.2 

216.3 

228.8 

112.1 

109.9 

110.5 

112.9 

214.1 

327.1 

Sept. 

222.1 

181.9 

269.1 

225.5 

212.5 

228.0 

111.7 

106.4 

110.5 

113.1 

213.3 

324.4 

(1)  An  independent  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index".      Prices  include  subsidies.         f  Participation 
payments  are  included   in  July    1951   and   initial   payments  only,   where  applicable,   thereafter.  (2)  Adjusted  to  1935-39  =  100  from  base  1947-49  =  100. 

(3)  Adjusted  to  1935-39  =  100  from  base  1913  =  100  in  1926  and  from  base  1930=  100  thereafter.         *  Not  available. 


173 


OCTOBER  1952 


Index  1949  =  100 


XIII— CONSUMER  PRICE  INDEX 

Dominion  Bureau  of  Statistics 


(i) 


Total 
Index 

Food 

Shelter 

Clothing 

Household 
Operation 

Other 
Commodities 
and  Services 

Weighting 

100 

32 

15 

11 

17 

25 

Average  of  Months 
1949 
1950 
1951 

100.0 
102.9 
113.7 

100.0 
102.6 
117.0 

100.0 
106.2 
114.4 

100.0 

99.7 

109.8 

100.0 
102.4 
113.1 

100.0 
103.1 
111.5 

First  of  Month 
1949— Jan. 
Feb. 

Mar. 

99.8 
99.7 
99.4 

100.8 
99.7 
98.7 

99.2 
99.3 
99.2 

99.7 

99.7 

100.0 

99.9 
100.2 
100.1 

98.9 
99.4 
99.5 

Apr. 
May 
June 

99.3 
99.2 
99.6 

98.1 
97.9 
99.2 

99.6 
99.7 
99.7 

100.2 
100.3 
100.3 

100.1 
99.8 
99.7 

99.5 
99.8 
99.8 

July 
Aug. 
Sept. 

100.0 
100.4 
100.4 

100.2 
101.3 
101.2 

100.3 
100.2 
100.5 

100.3 
100.1 
100.2 

99.7 
99.6 
99.6 

99.8 
99.9 
99.9 

Oct. 

Nov. 
Dec. 

100.6 
101.0 
100.5 

100.8 
101.9 
100.3 

100.5 
100.5 
101.0 

99.8 
99.7 
99.7 

100.6 
100.5 
100.4 

100.9 
101.0 
101.1 

1950— Jan. 
Feb. 

Mar. 

100.1 
100.2 
100.9 

98.1 
98.4 
98.8 

101.1 
101.1 
104.7 

99.6 
99.5 
98.9 

100.6 
100.6 
100.8 

102.0 
102.2 
102.2 

Apr. 

May. 

June 

101.2 
101.2 
101.9 

99.3 

99.3 

100.9 

104.9 
105.1 
105.9 

99.2 
99.1 
99.1 

101.2 
101.1 
101.5 

102.2 
102.2 
102.3 

July 

Aug. 
Sept. 

102.7 
103.3 
104.3 

102.6 
103.8 
105.4 

107.4 
107.8 
108.7 

99.1 
99.3 
99.9 

101.6 
102.6 
103.4 

102.4 
102.5 
103.0 

Oct. 

Nov. 
Dec. 

105.9 
106.4 
106.6 

107.6 
108.4 
108.4 

109.0 
109.5 
109.6 

100.6 
101.0 
101.3 

104.5 
105.1 
105.5 

105.2 
105.4 
105.7 

1951— Jan. 
Feb. 
Mar. 

107.7 
109.1 
110.8 

109.0 
111.0 
114.1 

110.0 
110.4 
111.5 

102.6 
105.1 
106.7 

107.1 
108.6 
110.5 

107.4 
108.0 
108.3 

Apr. 
May 
June 

111.7 
112.2 
113.7 

115.5 
114.3 
115.8 

111.8 
112.4 
115.2 

108.5 
109.0 
109.5 

111.4 
112.7 
113.8 

108.6 
110.4 
111.8 

July 
Aug. 
Sept. 

114.6 
115.5 
116.5 

117.9 
119.0 
120.5 

115.5 
115.8 
117.2 

109.7 
110.7 
111.9 

114.3 
115.1 
115.5 

112.2 
113.4 
113.6 

Oct. 

Nov. 
Dec. 

117.1 
117.9 
118.1 

121.3 
122.5 
122.5 

117.2 
118.2 
118.2 

114.1 
114.5 
115.2 

115.8 
115.9 
116.4 

114.1 
114.8 
115.0 

1952— Jan. 
Feb. 
Mar. 

118.2 
117.6 
116.9 

122.4 
120.8 
117.6 

118.3 
118.3 
119.1 

114.9 
113.5 
112.9 

116.4 
116.3 
116.9 

115.5 
115.8 
116.4 

Apr. 
May 
June 

116.8 
115.9 
116.0 

117.2 
115.5 
115.7 

119.4 
119.6 
120.4 

112.5 
112.3 
111.8 

116.8 
116.2 
115.9 

116.6 
115.6 
115.7 

July 
Aug. 
Sept. 

116.1 
116.0 
116.1 

116.0 
115.7 
115.8 

120.6 
120.6 
121.2 

111.7 
111.6 
110.9 

115.9 
115.8 
116.0 

115.6 
115.8 
115.8 

Oct. 

116.0 

115.1 

121.5 

109.9 

116.2 

116.4 

(1)  Components  were  selected  and  weighted  on  the  basis  of  1948  urban  family  incomes  ranging  from  $1,650  to  $4,050,  with  incomes  between  $2,000  and  $3,000  most 
common. 


L 


OCTOBER  1952 


174 


Millions  of  Dollars 


XIV— EXPORTS  AND  IMPORTS  BY  COUNTRIES(1) 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 
MERCHANDISE  EXPORTS(2) 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Non- 
monetary 

U.S.A. 

U.K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Gold 

cies 

South 
Africa 

Area 

(3) 

Colonies 

(4) 

South 
America 

(S) 

Countries 

Exports 

Calendar  Years 

1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12  Mths.  end'g 

Sept.  1952 

2,314 

768 

84 

44 

183 

466 

282 

183 

4,324 

147 

Monthly 

1951-May 

206.2 

51.4 

6.3 

4.3 

9.2 

20.6 

18.0 

15.9 

331.9 

13.0 

June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan. 

191.1 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.4 

Feb. 

175.8 

44.1 

8.3 

4.1 

15.7 

32.0 

27.7 

12.1 

319.9 

13.2 

Mar. 

190.0 

69.6 

8.6 

4.5 

19.7 

28.2 

24.1 

14.3 

359.0 

15.0 

Apr. 

182.8 

69.4 

6.5 

3.5 

15.3 

23.6 

26.6 

13.0 

340.8 

11.2 

May 

194.2 

96.4 

8.8 

4.3 

15.5 

40.6 

23.2 

12.2 

395.2 

8.5 

June 

197.0 

81.6 

6.8 

2.9 

14.0 

45.4 

21.1 

16.2 

385.0 

14.6 

July 

190.6 

68.0 

6.6 

1.8 

18.1 

46.7 

21.2 

20.8 

373.7 

14.9 

Aug. 

180.7 

63.1 

4.8 

2.2 

12.0 

47.2 

14.1 

13.8 

337.9 

9.6 

Sept. 

197.2 

41.2 

5.1 

3.6 

10.6 

46.1 

20.9 

20.4 

345.1 

12.8 

Millions  of  Dollars 

MERCHANDISE  IMPORTS 

Excess  of 

TOTAL  IM 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.  K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Merch- 

(6) 

cies 

South 
Africa 

Area 
(3) 

Colonies 

(4) 

South 
America 

(5) 

Countries 

andise 
Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2,130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

12  Mths.  end'g 

Aug.  1952 

2,795 

339 

116 

4 

84 

162 

283 

65 

3,848 

453 

Monthly 

1951-May 

273.2 

43.2 

19.7 

.8 

11.6 

18.5 

27.3 

10.5 

404.7 

72.8 

June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec. 

203.1 

19.4 

8.4 

.3 

5.3 

9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan. 

228.7 

24.3 

8.1 

.2 

6.5 

11.8 

22.2 

5.1 

307.0 

24.0 

Feb. 

211.8 

21.3 

8.9 

.3 

7.7 

9.7 

18.7 

3.7 

282.0 

37.9 

Mar. 

253.5 

22.6 

6.5 

.4 

3.8 

12.5 

24.3 

3.3 

327.0 

32.0 

Apr. 

245.6 

28.4 

6.7 

.3 

6.1 

11.0 

21.6 

4.3 

323.9 

16.9 

May 

282.9 

32.1 

11.1 

.4 

8.8 

15.3 

27.3 

7.1 

384.9 

10.3 

June 

235.3 

31.3 

11.4 

.3 

5.1 

12.5 

23.2 

4.9 

324.0 

61.0 

July 

246.6 

33.9 

10.8 

.3 

5.7 

11.8 

27.7 

6.2 

343.0 

30.7 

Aug. 

212.8 

31.9 

8.8 

.6 

4.9 

12.4 

24.3 

6.7 

302.4 

35.5 

Sept.t" 

255.5 

31.5 

349.1 

4.0 

(1)  Commencing  April  1,  1949,  external  trade  of  Newfoundland  is  included 
and  Canadian  trade  with  Newfoundland,  formerly  in  the  "All  Other" 
category,  disappears. 

(2)  Includes  exports  of  foreign  produce.  In  the  case  of  wheat  exports,  figures  are 
based  on  Board  of  Grain  Commissioners'  data  rather  than  Customs' 
clearances.  Excludes  defence  equipment  transferred  by  Canada  to  North 
Atlantic  Treaty  countries  which  in  1950  and  1951  amounted  to  56.8  and 
109.1  million  dollars  respectively. 

(3)  Consists  of  Eire,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 


(4) 
(5) 

(6) 


(7) 


Ceylon  and  Iraq.     Egypt  is  included  in  the  "All  Other"  category. 

Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

Includes  Egypt,  Spain,  Palestine,  and  also  Newfoundland  until  March  31, 

1949. 

Imports  from  the  United  Kingdom  do  not  include  articles  imported  for 

the  use  of  the  armed  forces  of  the  United  Kingdom.   In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)   and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded. 

Estimates. 


175 


OCTOBER  1952 


XV— MERCHANDISE  EXPORTS  :  COMMODITY  CLASSIFICATION  BY  VOLUME"' 

Compiled  from  "Trade  of  Canada — Exports",  Dominion  Bureau  of  Statistics 


Wheat<« 

Wheat 
Flour 

Oats, 

Barley, 

Rye 

Live 
Cattle 

Beef 

Bacon 

and 

Hams 

Cheese 

Milk 
(powdered 
condensed 
evapo- 
rated) 

Fish 
(fresh 

and 
frozen) 

Fish 

(canned 

and  salted 

etc.) 

Planks 

and 
Boards 

Pulpwood 

mm.  bus. 

mm.  bbls. 

mm.  bus. 

Thous. 

Thous.  cwl. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  ft. 

Thous.  cords 

Calendar  Years 

1929 

211 

10 

27 

254 

301 

29 

93 

32 

122 

295 

1,755 

1,295 

1932 

228 

5 

34 

33 

41 

36 

87 

25 

84 

174 

674 

529 

1937 

106 

4 

17 

322 

161 

196 

89 

33 

140 

184 

1,858 

1,543 

1947 

150 

18 

23 

83 

426 

236 

56 

80 

203 

271 

2,726 

1,883 

1948 

145 

12 

54 

371 

1,228 

205 

40 

90 

212 

221 

2,460 

2,188 

1949 

211 

10 

52 

421 

1,002 

67 

53 

72 

205 

251 

2,181 

1,503 

1950 

162 

10 

41 

459 

840 

79 

63 

56 

267 

284 

3,575 

1,612 

1951 

235 

12 

110 

239 

934 

6 

31 

41 

253 

286 

3,436 

2,676 

12-mths  ending 

Aug.  1952 

314 

11 

152 

88 

248 

3 

21 

54 

290 

269 

3,300 

2,530 

Monthly 
1951-May 

17.7 

1.5 

10.4 

25.1 

151.2 

.4 

.1 

3.5 

16.4 

17.1 

286.1 

114.4 

June 

25.5 

1.0 

10.2 

18.4 

177.3 

.3 

1.3 

3.4 

15.2 

21.6 

265.7 

224.9 

July 

27.7 

1.2 

13.8 

12.1 

154.3 

.2 

2.6 

4.7 

20.3 

20.9 

318.6 

290.5 

Aug. 

19.2 

.7 

10.9 

15.5 

77.8 

.2 

4.6 

6.3 

24.0 

17.8 

315.2 

295.3 

Sept. 

19.1 

.5 

11.0 

20.4 

71.3 

.1 

6.2 

3.8 

23.9 

20.0 

281.8 

258.4 

Oct. 

27.6 

.9 

12.7 

22.8 

89.5 

.2 

8.1 

3.1 

38.7 

26.5 

318.1 

321.2 

Nov. 

35.5 

.9 

15.2 

21.5 

44.3 

.3 

5.1 

5.1 

30.8 

24.8 

285.3 

241.3 

Dec. 

16.8 

.7 

15.0 

8.6 

11.5 

.5 

.9 

6.0 

18.0 

37.4 

258.8 

194.5 

1952-Jan. 

16.0 

.9 

5.4 

4.4 

6.7 

.5 

.2 

1.0 

16.8 

22.5 

223.9 

235.8 

Feb. 

18.6 

.7 

4.2 

9.1 

13.3 

.4 

.1 

3.1 

14.7 

19.2 

250.6 

234.4 

Mar. 

17.1 

1.1 

4.2 

.8 

2.4 

.2 

.1 

4.2 

23.5 

23.0 

280.4 

235.6 

Apr. 

20.0 

1.2 

6.2 

- 

.2 

.1 

.1 

2.8 

15.3 

24.7 

291.9 

101.8 

May 

38.3 

1.2 

14.6 

.4 

8.2 

.2 

.1 

4.3 

13.7 

17.3 

348.5 

113.7 

June 

38.3 

1.3 

20.2 

.1 

.2 

.2 

.1 

5.5 

22.1 

19.3 

303.4 

192.8 

July 

38.3 

1.3 

28.3 

.1 

.2 

.2 

.2 

6.8 

37.2 

19.6 

221.0 

183.9 

Aug. 

28.6 

.7 

15.1 

— 

.1 

.2 

.2 

8.6 

35.5 

15.2 

235.9 

216.2 

Wood 
Pulp 

News- 
print 

Autos 
and 

Aluminum 
(unmanu- 

Copper 
(unmanu- 

Lead 
(unmanu- 

Zinc 
(unmanu- 

Nickel 
(unmanu- 

Silver 
(unmanu- 

Asbestos 
(unmanu- 

Fertilizer 

Non- 
Monetary 

Trucks 

factured) 

factured) 

factured) 

factured) 

factured) 

factured) 

factured) 

Gold 

Thous.  tons 

Thous.  tons 

Thous. 

Thous.  Ions 

Thous.  tons 

Thous.  tons 

Thous.  tons 

Thous.  tons 

Thous. 
fine  oz. 

Thous.  tons 

Thous.  tons 

Thous. 
fine  02. 

Calendar  Years 

1929 

831 

2,515 

102 

38 

123 

122 

84 

55 

21,938 

292 

222 

1,872 

1932 

452 

1,777 

13 

10 

133 

109 

88 

16 

16,992 

112 

124 

3,013 

1937 

871 

3,455 

66 

50 

219 

185 

170 

111 

20,389 

391 

273 

4,128 

1947 

1,699 

4,221 

84 

228 

142 

132 

183 

117 

10,237 

637 

791 

2,851 

1948 

1,798 

4,328 

48 

333 

178 

109 

206 

132 

8,729 

690 

692 

3,423 

1949 

1,549 

4,705 

30 

397 

199 

135 

281 

127 

10,267 

535 

706 

3,866 

1950 

1,846 

4,938 

34 

353 

188 

136 

282 

122 

11,849 

830 

742 

4,283 

1951 

2,243 

5,112 

60 

375 

152 

127 

305 

131 

17,795 

942 

623 

4,080 

12-mths  ending 

Aug.  1952 

2,081 

5,235 

91 

401 

168 

148 

346 

144 

19,465 

889 

690 

4,079 

Monthly 
1951-May 

188.6 

469.4 

3.6 

36.9 

10.6 

15.0 

22.6 

9.4 

1,473.9 

83.2 

74.6 

349.4 

June 

191.2 

390.2 

2.4 

9.9 

12.0 

6.1 

28.1 

8.9 

1,377.0 

77.9 

64.8 

373.1 

July 

201.6 

484.6 

4.8 

44.0 

13.7 

9.3 

36.9 

12.2 

1,518.4 

73.5 

41.5 

361.8 

Aug. 

211.0 

466.0 

4.4 

49.5 

9.3 

8.2 

25.6 

11.2 

1,776.9 

81.1 

50.3 

300.1 

Sept. 

186.1 

398.4 

7.1 

30.4 

11.8 

10.4 

29.4 

10.4 

1,538.1 

80.2 

46.0 

294.9 

Oct. 

202.6 

453.3 

9.5 

33.7 

10.7 

9.0 

28.1 

12.4 

888.8 

81.8 

41.0 

223.3 

Nov. 

187.6 

447.8 

9.9 

27.5 

12.4 

13.4 

31.8 

11.6 

1,709.3 

65.6 

52.9 

212.7 

Dec. 

187.8 

375.8 

8.5 

19.0 

19.5 

15.0 

23.7 

12.1 

1,691.8 

79.2 

51.6 

502.9 

1952-Jan. 

196.3 

439.8 

14.4 

20.6 

12.4 

11.4 

26.9 

10.1 

1,637.5 

71.4 

58.7 

361.2 

Feb. 

162.0 

413.9 

13.4 

26.0 

9.1 

10.7 

29.6 

12.7 

1,642.6 

60.6 

60.1 

369.5 

Mar. 

192.2 

443.8 

8.4 

28.1 

15.7 

12.6 

31.8 

12.1 

2,040.4 

70.4 

74.6 

419.1 

Apr. 

173.3 

449.0 

5.1 

40.6 

15.8 

12.0 

27.2 

12.9 

1,176.9 

79.0 

73.4 

325.6 

May 

163.8 

446.7 

5.1 

51.3 

17.2 

12.0 

23.8 

14.0 

2,367.7 

85.1 

62.5 

245.6 

June 

145.9 

449.2 

4.7 

52.4 

13.0 

11.1 

37.9 

11.1 

1,845.5 

72.3 

51.4 

415.9 

July 

133.2 

429.3 

2.8 

26.7 

14.0 

16.9 

30.7 

12.8 

1,560.3 

67.7 

59.7 

430.7 

Aug. 

150.6 

487.7 

1.8 

45.0 

16.4 

13.4 

24.9 

11.9 

1,366.2 

75.6 

58.7 

277.2 

(1)    Includes 

foreign  trade 

of  Nevvfoun 

dland  as  fror 

n  April  1.  19' 

19.     Where  c 

uantity  is  sh 

own  in  tons. 

a  short  ton  c 

>f  2000  lbs.  h 

is  been  used 

(2)    After  Ju 

y  1936,  expc 

rt  figures  are 

based  on  B 

Dard  of  Grair 

i  Commissioi 

iers'  data  rat 

her  than  Cu 

atoms'  cleara 

nces. 

OCTOBER  1952 


176 


XVI— MERCHANDISE  IMPORTS  :  COMMODITY  CLASSIFICATION  BY  VOLUME(1> 

Compiled  from  "Trade  of  Canada — Imports" ,  Dominion  Bureau  of  Statistics 


Cotton 

Cotton 

Wool 

Wool 

(yarns, 

fabrics 

and 

worsteds) 

Bananas 

Oranges 

Fresh 
Vegetables 

Sugar 

Coffee 

Tea 

Cocoa 

Distilled 
Beverages 

(raw  and 
unmanu- 

(thread, 
yarns  and 

(raw  and 
unmanu- 

factured) 

fabrics) 

factured) 

Thous.  cwt. 

Thous.cu.fi. 

mm.  lbs. 

Thous.  cwt. 

mm.  lbs. 

mm.  lb'. 

mm.  lbs. 

Thous.  gals. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

mm.  lbs. 

Calendar  Years 

1929 

3,944 

* 

* 

9,510 

28 

39 

25 

2,526 

151 

* 

19 

* 

1932 

3,098 

4,341 

131 

8,684 

31 

40 

20 

929 

107 

18 

18 

9 

1937 

3,528 

5,023 

213 

9,297 

38 

40 

27 

1,309 

171 

28 

37 

14 

1947 

3,649 

10,654 

388 

10,143 

51 

47 

34 

2,527 

205 

84 

52 

16 

1948 

3,332 

9,589 

187 

12,439 

88 

36 

41 

2,378 

184 

49 

61 

17 

1949 

2,997 

8,336 

366 

12,446 

98 

43 

46 

2,632 

221 

52 

45 

15 

1950 

2,843 

8,467 

562 

12,782 

83 

55 

46 

2,257 

246 

42 

51 

13 

1951 

2,666 

9,902 

517 

10,926 

88 

42 

28 

3,099 

215 

50 

45 

12 

12-mths  ending 

Aug.  1952 

2,661 

10,494 

729 

9,669 

94 

42 

42 

3,588 

176 

43 

31 

10 

Monthly 
1951-May 

281.6 

901.3 

88.8 

1,504.5 

7.6 

3.7 

1.1 

288.0 

25.7 

4.4 

3.8 

1.3 

June 

328.2 

847.5 

93.4 

1,240.5 

5.3 

4.0 

3.1 

201.3 

14.6 

3.3 

3.9 

1.0 

July 

299.1 

749.1 

37.2 

1,123.7 

6.7 

3.0 

7.2 

186.8 

6.8 

3.2 

5.8 

1.2 

Aug. 

291.1 

709.4 

7.0 

1,869.1 

6.3 

2.4 

1.5 

198.5 

8.2 

3.1 

5.3 

1.0 

Sept. 

219.4 

612.8 

4.6 

1,127.2 

5.5 

2.5 

.8 

204.7 

10.3 

2.4 

3.2 

.7 

Oct. 

193.7 

648.3 

16.6 

1,109.5 

7.8 

3.7 

.9 

356.1 

13.2 

2.9 

1.3 

.6 

Nov. 

178.7 

687.1 

33.1 

586.3 

9.3 

4.4 

1.3 

284.8 

25.8 

3.4 

1.4 

.6 

Dec. 

140.4 

1,362.6 

35.7 

405.7 

7.2 

2.8 

1.4 

359.5 

18.3 

2.8 

2.1 

.5 

1952-Jan. 

143.8 

811.4 

64.4 

336.6 

9.5 

3.8 

5.1 

314.6 

25.9 

3.5 

1.8 

.7 

Feb. 

140.5 

924.1 

74.9 

326.2 

8.9 

4.6 

2.2 

192.6 

14.7 

3.7 

2.7 

.7 

Mar. 

173.7 

958.4 

101.1 

466.1 

8.9 

3.1 

3.9 

257.0 

19.0 

4.1 

1.0 

.8 

Apr. 

211.3 

897.9 

120.8 

817.4 

7.1 

3.5 

1.9 

403.0 

15.5 

4.3 

3.0 

1.0 

May 

281.8 

1,153.2 

131.8 

1,276.5 

7.5 

4.5 

6.0 

288.4 

10.3 

4.1 

4.0 

.8 

June 

298.2 

794.9 

108.9 

1,026.8 

6.7 

2.4 

5.3 

262.8 

9.9 

3.6 

3.0 

.9 

July 

373.6 

928.9 

31.0 

1,304.7 

7.0 

4.2 

6.0 

322.0 

6.7 

4.5 

2.8 

1.3 

Aug. 

306.0 

714.0 

6.5 

886.1 

8.2 

2.0 

7.0 

342.0 

6.1 

3.9 

4.7 

1.2 

Crude 
Rubber 

Iron 
Ore 

Pigs, 

Ingots, 

Blooms 

&  Billets 

Bars, 

Rods 

and  Rails 

Sheets 

and 

Plates 

Structural 
Iron 

Autos 

and 
Trucks 

Bauxite 
Ore 

Tin 

Coal 

Crude 
Petroleum 

Gasoline, 
Kerosene 

and 
Fuel  Oils 

mm.  lbs. 

Thous.  tons 

Thous.  tons 

Thous.  tons 

Thous.  tons 

Thous.  tons 

Thous. 

Thous.  tons 

Thous.  cwt. 

mm.  tons 

mm.  gals. 

mm.  gals. 

Calendar  Yeara 

1929 

80 

2,448 

86 

257 

653 

381 

45 

145 

57 

18 

1,067 

275 

1932 

47 

68 

11 

28 

255 

31 

1 

52 

31 

12 

910 

193 

1937 

81 

2,125 

20 

60 

491 

76 

20 

304 

59 

15 

1,362 

126 

1947 

77 

3,945 

21 

120 

483 

235 

43 

1,400 

89 

29 

2,418 

764 

1948 

96 

4,300 

62 

110 

460 

218 

21 

2,015 

81 

31 

2,717 

748 

1949 

90 

2,517 

84 

118 

601 

221 

39 

1,794 

82 

22 

2,649 

584 

1950 

104 

3,071 

60 

98 

551 

189 

89 

1,862 

108 

27 

2,805 

832 

1951 

108 

3,831 

148 

197 

757 

382 

48 

2,402 

137 

27 

2,949 

911 

12-mths  ending 

Aug.  1952 

75 

3,134 

133 

215 

722 

388 

31 

2,687 

124 

26 

2,874 

905 

Monthly 

1951-May 

11.2 

228.7 

5.2 

12.9 

63.6 

40.7 

8.9 

187.6 

11.8 

2.5 

271.3 

94.9 

June 

8.9 

558.0 

8.6 

15.5 

66.2 

31.3 

6.4 

227.0 

5.3 

2.5 

238.0 

84.8 

July 

8.0 

605.4 

12.0 

18.1 

73.7 

36.4 

3.7 

290.4 

11.1 

2.4 

301.4 

122.6 

Aug. 

10.3 

691.2 

17.9 

17.9 

64.5 

33.3 

1.4 

374.9 

8.8 

2.8 

274.3 

106.6 

Sept. 

4.6 

594.4 

7.5 

24.9 

65.0 

38.0 

.9 

353.7 

8.8 

2.3 

272.2 

87.0 

Oct. 

6.1 

685.9 

15.1 

25.8 

78.6 

40.4 

.8 

439.2 

18.0 

3.0 

259.1 

82.2 

Nov. 

4.7 

280.7 

12.7 

19.7 

65.6 

37.7 

.9 

311.0 

22.6 

2.6 

229.1 

80.7 

Dec. 

6.5 

138.4 

23.5 

18.9 

52.7 

33.0 

.5 

75.6 

10.6 

1.6 

228.2 

57.6 

1952-Jan. 

9.1 

15.9 

10.6 

22.1 

75.7 

50.8 

.8 

31.7 

10.8 

1.9 

230.3 

62.3 

Feb. 

6.6 

13.4 

12.5 

19.8 

66.2 

36.5 

1.6 

15.5 

9.4 

1.7 

206.3 

38.5 

Mar. 

7.5 

1.9 

20.0 

17.3 

71.2 

31.0 

1.9 

14.7 

7.8 

1.6 

208.1 

62.2 

Apr. 

5.0 

50.9 

7.8 

15.9 

71.0 

32.5 

2.8 

15.4 

8.4 

1.6 

212.3 

49.1 

May 

5.8 

437.0 

5.9 

20.2 

80.4 

39.6 

5.0 

331.3 

4.7 

2.4 

256.4 

92.4 

June 

6.4 

462.3 

4.3 

14.7 

42.6 

21.2 

5.6 

361.3 

7.7 

2.1 

205.4 

94.2 

July 

5.5 

73.3 

4.9 

5.7 

21.6 

9.4 

6.2 

314.2 

5.2 

2.6 

294.9 

120.3 

Aug. 

7.3 

379.7 

8.2 

10.1 

31.0 

17.7 

4.1 

423.4 

9.8 

2.1 

272.1 

78.8 

Includes  imports  from  Newfoundland  until  March  31,  1949  and  imports  into  Newfoundland  from  other  countries  thereafter, 
tons,  a  short  ton  of  2000  lbs.  has  been  used.        *  Not  available. 


Where   quantity    is  shown   in 


TATISTICAL  SUMMARY 


BANK  OF  CANADA 


& 


i 


ii 


Tables 

Bank  of  Canada  : 

Liabilities  and  Assets 


Charts 


Chartered  Banks: 

Liabilities  and  Assets 

Ill     General  Public  Holdings  of  Certain  Liquid  Assets: 

Currency,  Bank  Deposits  and  Government  of  Canada  Securities 
Resident  and  Non-Resident  Holdings:  Approximate  Division 

Chartered  Banks:  Current  Loans  to  the  Public  in  Canada 


IV 


and  U.S.A. 


V 


By  Asset  Groups: 


Government  Bond  Yields  and  Treasury  Bill  Rates 
Yields  of  Government  Bonds:  Canada,  U.K. 
Corporate  Financial  Statistics  : 

Total  603  Companies:  Net  Income  to  Stockholders 
Summary  Statement 
Source  and  Use  of  Funds 
Year-end  Balance  Sheet 
Assets  over  $25mm.  . 
Assets  $5mm.  to  $25mm. . 
Assets  $lmm.  to  $5mm.    . 
Assets  under  $lmm. 
Total  603  Companies:  Net  Profit  Before  Tax    . 
41  Food  Products  Companies 
14  Beverage  Companies 
22  Primary  Textile  Companies 

18  Pulp  and  Paper  Companies 
45  Iron,  Steel  and  Products  Companies 
47  Machinery  Companies  (excl.  Electrical) 
26  Electrical  Machinery  and  Equipment  Companies 
35  Gold  Mining  Companies 

19  Non-ferrous  Metals  Companies 
9  Petroleum  Companies 

25  Chemical  Companies 

57  Wholesale  Trade  and  Services  Companies 
32  Retail  Trade  and  Services  Companies    . 

20  Electric  and  Other  Utility  Companies    . 
VI     Foreign  Exchange  Rates 

United  States  Dollar  in  Canadian  Funds 

VII    Consumer  Price  Index 

VIII    Wholesale  Prices 

IX    Business  Activity 

Exports  and  Imports:  Indexes  of  Unit  Value  and  Physical  Volume 
X    Merchandise  Imports:  Commodity  Classification  by  Value 
XI     Merchandise  Trade:  Exports  and  Imports  by  Countries 
Merchandise  Trade:  Exports  and  Imports    . 


Pages 

177  -  178 

177  -  178 

179  -  180 
181 
181 
182 
•182 

183 
184 
184 
184 
185 
186 
187 
188 
189 
190 
191 
192 
193 
194 
195 
196 
197 
198 
199 
200 
201 
202 
203 
204 
204 
205 
205 
206 
206 
207  -  208 
209 
210 


TABLES  AND  CHARTS  MAY   BE   REPRODUCED  OR   REFERRED  TO   PROVIDED  THAT  THE   BANK   OF 
CANADA   STATISTICAL   SUMMARY,   WITH   ITS   DATE,   IS   SPECIFICALLY   QUOTED   AS  THE     SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:    25c    per   copy,    post   free.      For   particulars   apply    to   the   Research   Department,    Bank   of  Canada,   Ottawa. 


NOVEMBER  195  2 


177 

Millions  of  Dollars 


NOVEMBER  1952 

I— BANK 


As  at  Dec.  31 
1935 
1937 
1939 

1946 
1947 
1948 
1949 
1950 
1951 
End  of 
1951— July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1952— Jan. 
Feb. 

Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 


LIABILITIES 


Chartered  Bank  Cash 


Notes 
in  Tills 


40.6 
53.9 
70.6 

176.9 
183.9 
190.8 
211.8 
231.3 
273.1 

226.0 
189.7 
195.2 
232.2 
195.1 
273.1 

222.4 
175.6 
207.5 
234.8 
190.6 
219.6 
235.3 
197.4 
238.1 
194.6 


Deposits 

at 
B.  of  C. 


181.6 
196.0 
217.0 

565.5 
536.2 
547.3 
541.7 
578.6 
619.0 

558.2 
580.4 
579.4 
588.3 
633.8 
619.0 

629.2 
616.7 
656.5 
645.7 
579.4 
578.0 
595.5 
614.7 
588.2 


Total 


222.2 
249.9 
287.6 

742.3 
720.1 
738.1 
753.5 
809.9 
892.1 

784.2 
770.1 
774.6 
820.6 
828.9 
892.1 

851.6 
792.3 
864.0 
880.5 
770.0 
797.6 
830.7 
812.1 
826.3 
863.4 


Govt,  of 
Canada 
Deposits 


17.9 
11.1 
46.3 

60.5 
68.8 
98.1 
30.7 
24.7 


91.1 
115.0 
105.6 
210.3. 
66.0 
94.9 

92.8 
88.5 
14.6 
•  14.3 
21.9 
26.8 
51.6 
52.0 
30.7 
18.8 


Other 
Deposits 


3.5 

17.9 

93.8 

67.5 
81.0 
126.9 
207.1 
66.1 

212.6 
185.7 
140.0 
83.3 
92.5 
66.1 

54.9 
52.1 
66.1 
41.7 
44.6 
48.5 
41.6 
47.4 
49.4 
56.0 


Foreign 
Currency 
Deposits'" 


1.0 

2.0 

.4 

79.6 

133.6 

155.6 

146.7 
143.0 
116.3 
102.1 
135.1 
155.6 

99.5 
84.7 
68.5 
77.5 
82.8 
48.4 
70.0 
82.1 
78.8 
48.4 


Active 

B.  of  C. 

Note^ 

Circulation 


59.1 
111.4 
162.2 

1,009.3 
1,027.5 
1,098.3 
1,095.6 
1,136.1 
1,191.1 

1,144.5 
1,181.0 
1,192.8 
1,174.3 
1,212.1 
1,191.1 

1,153.2 
1,198.8 
1,185.7 
1,177.0 
1,226.8 
1,222.2 
1,223.0 
1,267.0 
1,238.4 
1,291.0 


All 

Other 

Accounts 


7.7 
14.4 
13.3 

41.7 
40.4 
42.7 
39.5 
39.0 
44.4 

56.2 
62.8 
38.5 
62.9 
54.4 
44.4 

53.9 

27.8 
30.1 
31.5 
34.3 
45.6 
41.3 
40.0 
55.1 
51.4 


Total 
Liabilities 


Assets 


307.7 
390.3 
527.2 

1,948.6 
1,926.2 
2,058.6 
2,125.9 
2,350.3 
2,444.1 

2,435.3 
2,457.6 
2,367.8 
2,453.4 
2,388.9 
2,444.1 

2,306.0 
2,244.3 
2,229.0 
2,222.5 
2,180.4 
2,189.0 
2,258.2 
2,300.7 
2,278.9 
2,329.0 


NOVEMBER  1952 

OF  CANADA 


178 

Millions  of  Dollars 


ASSETS 


Gold 


180.5 

179.8 

225.7 

* 


(1)  Includes  foreign  exchange  items  for  foreign  clients  and  also  the  Government  of  Canada  and,  commencing  March  31,  1949,  the  Exchange  Fund  Account.         -k  Since 


Millions  of  Dollars 


As  at  Dec.  31 
1929 
1932 
1937 
1949 
1950 
1951 
End  of 
1951— July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1952— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 


LIABILITIES 


Notes 


175 

127 

102 

14 


Deposits 


Demand 


729 


2,426 
2,770 
2,963 

2,675 
2,675 
2,651 
2,907 
2,936 
2,963 

2,703 
2,704 
2,824 
2,889 
2,851 
2,987 
2,885 
2,895 
3,026 
3,068 


Notice 


Govt,  of 

Canada 

and  Prov. 


1,434 
1,378 
1,583 
4,433 
4,558 
4,612 

4,580 
4,583 
4,595 
4,575 
4,616 
4,612 

4,639 
4,685 
4,748 
4,757 
4,769 
4,792 
4,836 
4,870 
4,901 
4,901 


Canadian 
Deposits 


92 
72 
53 

367 
500 
322 

403 
409 
391 
270 
276 
322 

363 
372 

407 
340 
360 
341 
359 
311 
264 
351 


2,270 
1,928 
2,387 
7,348 
7,997 


7,809 
7,799 
7,724 
7,913 
8,015 


7,846 
7,918 
8,090 
8,115 
8,078 
8,273 
8,252 
8,241 
8,395 
8,529 


Foreign 


Total 
Deposits 


442 
329 
409 
730 
735 
795 

753 

808 
769 
784 
784 
795 

762 

758 
778 
806 
817 
848 
838 
847 
864 
835 


2,820 
2,306 
2,819 
8,177 
8,867 
9,003 

8,705 
8,775 
8,674 
8,833 
8,927 
9,003 

8,730 
8,799 
9,008 
9,062 
9,037 
9,261 
9,165 
9,160 
9,333 
9,445 


Cash 
in  (3) 
Canada 


228 
211 
250 
753 
810 
892 

784 
770 
775 
821 
829 
892 

852 
792 
864 
881 
770 
798 
831 
812 
826 
863 


Securities 


Govt,  of 
Canada 


Prov- 
incial 


297 

562 

1,111 

3,112 

3,079 

2,754 

2,696 
2,679 
2,734 
2,726 
2,744 
2,754 

2,819 
2,884 
2,939 
2,917 
2,968 
2,953 
3,029 
3,024 
3,028 
2,991 


445 
416 
355 

356 
355 
353 
342 
357 
355 

339 
330 
325 
310 
315 
306 
309 
326 
368 
380 


Foreign   f)r|ler 
Govt. 


151 
216 


59 
242 
193 
200 

195 

210 
208 
226 
214 
200 

214 
233 
284 
291 
266 
256 
249 
244 
262 
233 


Silver 


1.6 
3.0 


Foreign'" 
Exchange 


4.2 
14.9 
64.3 

1.0 

2.0 

.5 

74.2 

111.7 

117.9 

117.0 
100.1 
87.1 
96.6 
128.9 
117.9 

85.4 
70.4 
60.2 
72.4 
78.4 
43.9 
63.1 
75.0 
73.6 
42.9 


Securities 


Govt,  of  Canada 
and  Provincial 


Under  2  yrs. 


30.9 
82.3 
181.9 

1,197.4 
1,022.0 
1,233.7 
1,781.4 
1,229.3 
1,141.8 

1,327.4 
1,349.6 
1,297.6 
1,317.5 
1,137.8 
1,141.8 

1,095.4 
1,058.1 
1,179.9 
1,191.5 
1,203.6 
1,251.3 
1,280.0 
1,303.2 
1,263.7 
1,286.7 


83.4 
91.6 
49.9 

708.2 
858.5 
779.1 
227.8 
712.5 
1,049.3 

872.5 
888.1 
896.1 
956.4 
1,043.1 
1,049.3 

1,042.6 
1,027.6 
882.2 
874.7 
824.6 
817.8 
843.9 
852.9 
870.9 
896.1 


Ind.  Dev. 

Bank 
Cap.  Stock 


15.0 
25.0 
25.0 
25.0 
25.0 
25.0 

25.0 
25.0 
25.0 
25.0 
25.0 
25.0 

25.0 

25.0 
25.0 
25.0 
25.0 
25.0 
25.0 
25.0 
25.0 
25.0 


Other 
Securities 


12.2 


5.5 

247.9 

89.0 

51.4 
44.1 
31.2 
8.2 
18.8 
89.0 

24.3 
27.3 
11.7 
21.6 
11.2 
11.1 
11.1 
11.0 
11.0 
35.8 


Total 


114.3 
186.1 
231.8 

1,920.6 
1,905.6 
2,037.7 
2,039.7 
2,214.7 
2,305.1 

2,276.3 
2,306.9 
2,249.9 
2,307.1 
2,224.6 
2,305.1 

2,187.2 
2,138.0 
2,098.8 
2,185.1 
2,064.5 
2,105.3 
2,160.1 
2,192.2 
2,170.6 
2,243.6 


Advances 


3.5 


All 

Other 

Accounts 


3.5 
6.5 
5.5 

27.1 
18.7 
20.4 
12.0 
24.0 
21.0 

41.9 

50.6 
30.8 
49.7 
35.4 
21.0 

33.3 
35.9 
70.0 
37.4 
37.5 
39.9 
35.1 
33.5 
34.6 
42.5 


As  at  Dec.  31 
1935 
1937 
1939 

1946 

1947 

1948 

1949 

1950 

1951 

End  of 
July— 1951 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 


Jan.— 

Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 


1952 


May  1940  the  minimum  gold  reserve  requirement  has  been  in  suspense. 


II— CHARTERED  BANKS 

Bank  of\  Canada 


Millions  of  Dollars 


ASSETS 


Total 


448 
778 


242 

1,411 

545 

4,345 

599 

4,286 

567 

3,876 

594 

3,840 

588 

3,832 

581 

3,876 

582 

3,876 

578 

3,894 

567 

1     3,876 

556 

3,927 

556 

4,003 

547 

4,095 

550 

4,068 

552 

4,100 

553 

4,067 

548 

4,135 

545 

4,139 

545 

4,202 

543 

4,147 

Loans 


262 
103 
76 
133 
134 
107 

84 
90 
107 
111 
96 
107 

107 
95 
97 
140 
132 
138 
145 
147 
135 
130 


1,403 
964 
749 
2,174 
2,651 
2,901 

2,890 
2,912 
2,901 
2,893 
2,975 
2,901 

2,827 
2,788 
2,797 
2,800 
2,845 
2,892 
2,928 
2,927 
2,979 
3,090 


122 
140 
113 
97 
125 
127 

153 
161 
144 
141 
149 
127 

128 
130 
152 
161 
167 
156 
125 
121 
114 
116 


245 
91 
60 
70 
100 
131 

112 
119 
131 
82 
90 
131 


94 
85 
138 
156 
155 
167 
135 
110 
145 


251 
152 
166 
211 
247 
278 

285 
262 
273 
290 
285 
278 

276 
276 
280 
279 
287 
269 
268 
255 
265 
263 


Total 
Assets 


3,521 
2,852 
3,281 
8,718 
9,496 
9,610 

9,323 
9,378 
9,276 
9,440 
9,544 
9,610 

9,343 
9,409 
9,613 
9,672 
9,634 
9,847 
9,737 
9,728 
9,907 
10,042 


DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cash  to 

Active 

in     (j) 
Canada 

Deposits 

Canadian 

Note  (S) 

«) 

Deposits 

Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

807 

7,761 

10.4 

1,139 

July— 1951 

795 

7,686 

10.3 

1,141 

Aug. 

805 

7,680 

10.5 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

839 

7,754 

10.8 

1,150 

Feb. 

846 

7,851 

10.8 

1,169 

Mar. 

848 

7,989 

10.6 

1,182 

Apr. 

834 

8,063 

10.3 

1,185 

May 

789 

8,096 

9.7 

1,199 

June 

848 

8,208 

10.3 

1,212 

July 

848 

8,200 

10.3 

1,222 

Aug. 

855 

8,183 

10.5 

1,231 

Sept. 

868 

8,393 

10.3 

1,246 

Oct. 

(1)   Estimated  month-end  deposits  payable  in  Canadian  currency.         (2)  Includes  inter-bank  deposits.  (3)  Until  March  1935,  Gold  and  Coin 

end  Canadian  deposits  in  1946-35  and  monthly  average  deposits  in  1936  and  after.  (5)    Bank  of  Canada  notes  in  public  circulati< 

January  1950:  liability  for  outstanding  notes  issued  for  circulation  in  Canada  transferred  to  Bank  of  Canada  during  January  1950. 


(4)    Figures  given  are  averages  of  estimated  month- 


-<    an..,Ji.,n.J.-,...-ils,„    I'M,,    ..,,,!   ,„ :,,,-.,,    r|,(lu   „,m    I  <^.      nn    /,,,  ,     "  "    *(5)  ^  Note^'issi ,.  J    fr„    .-in,,! •      ;:    ■!  ■.,,!■    „,i      , ,    -km 

red  to  Bank  of  Canada  durinc  Tanuarv  19.50.  I  ' 


179 


Millions  of  Dollars 


NOVEMBER  1952 

III— GENERAL  PUBLIC  HOLDINGS 

Currency,  Bank  Deposits  and 

Bank  of 


NOVEMBER  1952 

OF  CERTAIN  LIQUID  ASSETS*t 

GOVERNMENT  OF  CANADA  SECURITIES 

Canada 


180 


Millions  of  Dollars 


1 

.  CANADIAN  DOLLAR  CURRENCY  AND  BANK  DEPOSITS  HE 

LD  BY  THE  GENERAL  PUBLIC 

AND  RELATED  BANK  ASSETS 

Currency  and  Active  Bank  Deposits 

Inactive'2' 

Chartered 

Bank 

Notice 

Deposits 

Total 

Currency 

and 

Bank 

Deposits 

Total 

Related 

Bank 

Assets 

Related  Bank  Assets 

Currency 
Outside  Banks 

Active  Bank  Deposits 

(D 

Total 

Currency 

and 

Active 

Bank 

Deposits 

Government  of  Canada  debt 

held  by  Bank  of  Canada 

and  Chartered  Banks 

Other  Related  Bank  Assets'" 

Chartered  Banks 

Bank  of 
Canada 
"Other" 
Deposits 

Total 

Chartered  Bank  Can.  Loans 
and  non-Govt.  Securities 

Bk.  of  Can. 

Gold  and 

Exchange 

holdings 

(net) 

All 
Other 
(net) 

m 

Total 

Notes 

Coin 

Total 

Public 
Demand 

Active 
Notice 

Other 

excl. 

Govt,  of 

Canada 

Total 

Less 
Float 

Net 
Total 

Total 

Less  Govt. 
Deposits 

(4) 

Net 
Total 

Canadian 
Loans 

(5) 

Non-Govt. 

Securities 

<«> 

Total 

as  at  Dec.  31 
1949 

1,110 

74 

1,184 

2,426 

682 

338 

3,446 

335 

3,111 

127 

3,238 

4,422 

I      3,751 

8,173 

5,121 

181 

4,940 

2,404 

990 

3,394 

161 

3,233 

a3  at  Dec.  31 
1949 

1950 

1,136 

78 

1,214 

2,770 

697 

413 

3,880 

450 

3,430 

207 

3,637 

4,851 

3,861 

8,712 

5,021 

280 

4,741 

2,910 

1,015 

3,925 

226 

180 

3,971 

1950 

1951 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

4,843 

3,894 

8,737 

4,945 

160 

4,785 

3,136 

922 

4,057 

49 

154 

3,952 

1951 

End  of 

Sept-1951 

End  of 
1951— Sept. 
Oct. 

1,193 

82 

1,275 

2,651 

715 

371 

3,737 

387 

3,350 

140 

3,490 

4,765 

3,880 

8,645 

4,928 

213 

4,715 

3,152 

934 

4,086 

1 

157 

3,930 

1,174 

82 

1,256 

2,907 

713 

380 

4,000 

544 

3,456 

83 

3,539 

4,795 

3,862 

8,657 

5,000 

261 

4,739 

3,144 

924 

4,068 

1 

151 

3,918 

Oct. 

Nov. 

1,212 

84 

1,296 

2,936 

712 

398   ' 

4,046 

552 

3,494 

93 

3,587 

4,883 

3,904 

8,787 

4,925 

130 

4,795 

3,219 

935 

4,155 

11 

174 

3,992 

Nov. 

Dec. 

1,191 

84 

1,275 

2,963 

717 

449 

4,129 

627 

3,502 

66 

3,568 

4,843 

3,894 

8,737 

4,945 

160 

4,785 

3,136 

922 

4,057 

49 

154 

3,952 

Dec. 

1952— Tan. 
Feb. 

1,153 

82 

1,235 

2,703 

748 

412 

3,863 

456 

3,407 

55 

3,462 

4,697 

3,891 

8,588 

4,957 

185 

4,772 

3,062 

895 

3,956 

7 

147 

3,816 

Tan.— 1952 
Feb. 

1,199 

83 

1,282 

2,704 

758 

451 

3,913 

517 

3,396 

52 

3,448 

4,730 

3,926 

8,656 

4,970 

166 

4,804 

3,013 

886 

3,899 

10 

63 

3,852 

Mar. 

1,186 

84 

1,270 

2,824 

770 

422 

4,016 

551 

3,465 

66 

3,531 

4,801 

3,978 

8,779 

5,001 

111 

4,890 

3,047 

872 

3,918 

- 

28 

3,890 

Mar. 

Apr. 

1,177 

83 

1,260 

2,889 

768 

418 

4,075 

528 

3,547 

42 

3,589 

4,849 

3,989 

8,838 

4,983 

65 

4,918 

3,101 

860 

3,960 

13 

53 

3,920 

Apr. 

May 

1,227 

85 

1,312 

2,851 

770 

352 

3,973 

518 

3,455 

45 

3,500 

4,812 

3,999 

8,811 

4,996 

129 

4,867 

3,144 

866 

4,010 

3 

69 

3,944 

May 

June 

1,222 

85 

1,307 

2,987 

773 

396 

4,156 

642 

3,514 

49 

3,563 

4,870 

4,019 

8,889 

5,022 

125 

4,897 

3,186 

858 

4,044 

3 

55 

3,992 

June 

July 

1,223 

84- 

1,307 

2,885 

774 

352 

'  4,011 

488 

3,523 

42 

3,565 

4,872 

4,062 

8,934 

5,153 

230 

4,923 

3,198 

856 

4,055 

- 

43 

4,012 

July 

Aug. 

1,267 

86 

1,353 

2,895 

779 

336 

4,010 

523 

3,487 

47 

3,534 

4,887 

4,091 

8,978 

5,180 

193 

4,987 

3,195 

870 

4,066 

- 

75 

3,991 

Aug. 

Sept. 

1,238 

85 

1,323 

3,026 

787 

407 

4,220 

577 

3,643 

49 

3,692 

5,015 

4,114 

9,129 

5,163 

92 

5,071 

3,228 

913 

4,140 

2 

84 

4,058 

Sept. 

Oct. 

1,291 

88 

1,379 

3,068 

788 

441 

4,297 

589 

3,708 

56 

3,764 

5,143 

4,113 

9,255 

5,174 

138 

5,036 

3,343 

923 

4,266 

26 

72 

4,219 

Oct. 

2.  GOVERNMENT  OF  CANADA  SECURITIES 


Outstanding  <8> 


Direct  Funded  Debt 


Unmatured 


Special 
Banking 

Issues'9) 


1,200 
1,500 
1,400 

1,400 
1,400 
1,400 
1,400 

1,400 
1,400 
1,400 
1,400 
1,400 
1,400 
1,500 
1,500 
1,500 
1,500 


Other 

market 
Issues 


12,755 
12,586 
12,225 

12,525 
12,525 
12,225 
12,225 

12,225 
12,173 
12,173 
12,173 
12,173 
12,173 
12,173 
12,172 
12,172 
12,172 


Non- 
market 
Debt'1") 


1,227 
1,218 
1,194 

943 

973 
1,216 
1,194 

1,176 
1,162 
1,140 
1,102 
1,081 
1,061 
1,044 
1,029 
1,011 
1,032 


Total 


15,182 
15,304 
14,819 

14,868 
14,898 
14,841 
14,819 

14,801 
14,735 
14,713 
14,675 
14,654 
14,634 
14,717 
14,701 
14,683 
14,704 


Matured 

and 

out- 
standing 


53 
51 
21 

24 
23 
22 
21 

19 
23 
23 
22 
21 
21 
21 
20 
19 
19 


Total 


15,235 
15,355 
14,840 

14,892 
14,921 
14,863 
14,840 

14,820 
14 ,758 
14,736 
14,697 
14,675 
14,655 
14,738 
14,721 
14,702 
14,722 


Guar- 
anteed 

Un- 
matured 
Funded 
Debt 


Exchange 
rate  ad- 
justment 
(ii) 


548 
577 
529 

529 
529 
529 
529 

529 
529 
529 
529 
529 
529 
529 
528 
528 
528 


Total 

(including 
exchange 
rate  adjust- 
ment) 


36 

2 

27 


7 
27 

33 
33 
39 

40 
40 
44 
46 
48 
48 
45 


15,819 
15,934 
15,342 

15,421 
15,446 
15,385 
15,342 

15,316 
15,254 
15,226 
15,186 
15,164 
15,140 
15,221 
15,201 
15,182 
15,205 


Distribution"2) 


Bank 

of 

Canada 


2,009 
1,942 
2,191 

2,194 
2,274 
2,181 
2,191 

2,138 
2,086 
2,062 
2,066 
2,028 
2,069 
2,124 
2,156 
2,135 
2,183 


Chartered  ,    Govern- 
Banks         . ment 
Accounts 


3,112 
3,079 
2,754 

2,734 
2,726 
2,744 
2,754 

2,819 
2,884 
2,939 
2,917 
2,968 
2,953 
3,029 
3,024 
3,028 
2,991 


•4r    The  term  General  Public  refers  to  holdings  of  residents  as  well  as  non- 
residents; for  an  approximate  division  between  resident  and  non-resident 
holdings  on  a  quarterly  basis  see  Table  III.  page  181. 
For  a  division  of  resident  holdings  between  corporate  and  non-corporate 
holdings  as  at  year  ends  see  Table  III-B,  pages  145-146. 

t  Chartered  banks'  Newfoundland  branches  have  been  included,  since 
April  1.  1949. 

(1)  Total  Canadian  dollar  deposits  of  the  chartered  banks  and  the  Bank  of 
Canada  less:  (a)  Inactive  chartered  bank  notice  deposits  which  consist  of 
the  estimated  aggregate  minimum  quarterly  balances  in  chartered  banks' 
personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 
Canada;  (b)  Float,  i.e.  cheques  on  other  banks  as  shown  in  chartered  bank 


month-end  returns  to  the  Minister  of  Finance;  (c)  Canadian  dollar  deposits 

of  the  Government  of  Canada  at  the  chartered  banks  and  the  Bank  of 

Canada  (shown  in  "Related  Bank  Assets"  section);  (d)  Canadian  dollar 

deposits  of  the  chartered  banks  at  the  Bank  of  Canada. 

See  footnote  (l)a. 

Net   assets   of  the  chartered   banks  and   Bank  of   Canada   other   than 

Government  of  Canada  Securities. 

See  footnote  (l)c. 

For  estimated  quarterly  classification  of  Canadian   loans  see  Table  IV, 

page  163. 

Provincial.  Municipal  and  "Other"  securities. 

Net  of  all  related  asset  and  liability  items  of  the  chartered  banks  and  Bank 


796 

847 

1,009 

919 

932 

966 

1,009 

1,002 
1,002 
1,005 
1,007 
1,013 
1,028 
1,040 
1,052 
1,071 
1,083 


General 
Public 


9,902 
10,066 
9,388 

9,574 
9,514 
9,494 
9,388 

9,357 
9,282 
9,220 
9,196 
9,155 
9,090 
9,028 
8,969 
8,948 
8,948 


3.  TOTAL  OF  CERTAIN  LIQUID  ASSETS  HELD  BY  THE  GENERAL  PUBLIC, 
AND  RELATED  FACTORS 


Currency 

and 

Active 

Bank 

Deposits 


4,422 
4,851 
4,843 

4,765 
4,795 
4,883 
4,843 

4,697 
4,730 
4,801 
4,849 
4,812 
4,870 
4,872 
4,887 
5,015 
5,143 


Liquid  Assets 


Inactive 
Char- 
tered 
Bank 
Notice 

Deposits 


3,751 
3,861 
3,894 

3,880 
3,862 
3,904 
3,894 

3,891 
3,926 
3,978 
3,989 
3,999 
4,019 
4,062 
4,091 
4,114 
4,113 


Govt,  of  Canada 
Securities 


Market 
Issues 

(H) 


8,675 
8,848 
8,194 

8,631 
8,541 
8,278 
8,194 


8,181 
8,120 
8,080 
8,094 
8,074 
8,029 
7,984 
7,940 
7,937 
7,916 


Non- 
market 

(10) 


1,227 
1,218 
1,194 

943 

973 
1,216 
1,194 

1,176 
1,162 
1,140 
1,102 
1,081 
1,061 
1,044 
1,029 
1,011 
1,032 


Total 


9,902 
10,066 
9,388 

9,574 
9,514 
9,494 
9,388 

9,357 
9,282 
9,220 
9,196 
9,155 
9,090 
9,028 


Total 
Liquid 

Assets 

Total 
Related 
Factors 


18,075 
18,778 
18,125 

18,219 
18,171 
18,280 
18,125 

17,945 
17,938 
17,999 
18,034 
17,966 
17,979 
17,962 
17,947 
18,077 
18,204 


Related  Factors'") 


Bank 

Assets 

other  than 

Govt,  of 
Canada 

Securities 

(14) 


Govt,  of 
Can.  Debt 
less  Govt. 
Deposits  & 
holdings  of 
Govt.  Accts 


3,233 
3,971 
3,952 

3,930 
3,918 
3,992 
3,952 

3,816 
3,852 
3,890 
3,920 
3,944 
3,992 
4,012 
3,991 
4,058 
4,219 


14,842 
14,807 
14,173 

14,289 
14,253 
14,289 
14,173 

14,129 
14,086 
14,110 
14,114 
14,022 
13,987 
13,951 
13,956 
14,019 
13,985 


is  at  Dec.  31 

1949 

1950 

1951 

End  of 
Sept.-1951 
Oct. 
Nov. 
Dec. 

Jan.— 1952 

Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 


of  Canada  which  are  not  shown  elsewhere  in  this  table;  includes  foreign 
currency  items  and  liabilities  to  shareholders. 

(8)  Net  of  sinking  fund  holdings.  For  year-end  data  back  to  1938  see 
Table  IV.  page  145.  Newfoundland  debt  assumed  by  the  Government  of 
Canada  has.  been  included  since  June.  1949. 

(9)  Treasury  Bills;  Deposit  Certificates  and  short-term  notes  issued  directly  to 
the  Bank  of  Canada  and  chartered  banks. 

(10)  Refundable  Tax.  War  Savings  Certificates  and  Canada  Savings  Bonds. 

(11)  Adjustment  necessary  to  change  value  of  foreign  pay  securities  from  £1  - 
4  86i  U.S.  =  4.86S  Cdn.  to  current  rates  of  exchange.  Official  mid-rates  ol 
exchange  have  been  used  toSeptember  30. 1950  and  market  rates  thereafter. 


(12)  For  detailed  breakdown  of  distribution  of  Government  of  Canada  debt  as 
at  year-ends  see  Table  IV.  pages  145-146. 

(13)  Including  any  special  banking  issues  held  by  the  general  public. 

(14)  As  shown  in  "Other  Related  Bank  Assets".  Section  1  above. 

(15)  The  whole  of  the  increase  or  decrease  in  Canada  s  foreign  exchange  reserves 
is  embodied  in  the  related  factors.  To  the  extent  that  such  changes  do  not 
appear  in  Section  1,  "Related  Bank  Assets",  under  the  heading  Bank  of 
Canada  Gold  and  Exchange  holdings  (net)"  they  affect  changes  in  Govern- 
ment of  Canada  Securities  outstanding.  . 

Note:— Statistics  for  earlier  years  and  further  information   with  respect  to 
~~ —     details  of  compilation  are  available  from  the  Research  Department. 
Bank  of  Canada,  on  request. 


181 


III— GENERAL  PUBLIC  HOLDINGS  OF  CERTAIN  LIQUID  ASSETS 

resident  and  Non-Resident  Holdings  :  Approximate  Division 


NOVEMBER   1952 
(i) 


Millions  of  Dollars 

Bank  of  Canada 

Total  Currency 

Inactive  Chartered 

and  Active 
Bank  Deposits 

Bank  Notice 
Deposits 

Canada  Securities 

Total 

Resi- 
dent 

Non- 
resi- 
dent 

Total 

Resi- 
dent 

Non- 
resi- 
dent 

Total 

Resi- 
dent 

Non- 
resi- 
dent 

Total 

Resi- 
dent 

Non- 
resi- 
dent 

Total 

As  at  December  31 

1938 

1,042 

89 

1,131 

1,352 

120 

1,472 

1,817 

1,411 

3,228 

4,211 

1,620 

5,831 

1939 

1,211 

159 

1,370 

1,435 

109 

1,544 

1,881 

1,398 

3,279 

4,527 

1,666 

6,193 

1941 

1,825 

76 

1,901 

1,345 

88 

1,433 

3,053 

1,109 

4,162 

6,223 

1,273 

7,496 

1942 

2,260 

89 

2,349 

1,346 

90 

1,436 

4,349 

995 

5,344 

7,955 

1,174 

9,129 

1943 

2,627 

99 

2,726 

1,542 

112 

1,654 

6,181 

1,003 

7,184 

10,350 

1,214 

11,564 

1944 

3,031 

122 

3,153 

1,939 

121 

2,060 

8,096 

1,035 

9,131 

13,066 

1,278 

14,344 

1945 

3,365 

149 

3,514 

2,255 

136 

2,391 

10,166 

1,144 

11,310 

15,786 

1,429 

17,215 

1946 

3,747 

249 

3,996 

2,709 

147 

2,856 

10,084 

1,091 

11,175 

16,540 

1,487 

18,027 

1947 

3,723 

221 

3,944 

3,002 

141 

3,143 

9,710 

1,053 

10,763 

16,435 

1,415 

17,850 

1948 

4,114 

221 

4,335 

3,284 

124 

3,408 

9,091 

1,158 

10,249 

16,489 

1,503 

17,992 

1949 

4,167 

255 

4,422 

3,628 

123 

3,751 

8,662 

1,240 

9,902 

16,457 

1,618 

18,075 

1950 

4,430 

421 

4,851 

3,714 

147 

3,861 

8,700 

1,366 

10,066 

16,844 

1,934 

18,778 

1951f 

4,608 

235 

4,843 

3,753 

141 

3,894 

8,220 

1,168 

9,388 

16,581 

1,544 

18,125 

Month-end 

1951— Sept. 

4,446 

319 

4,765 

3,736 

144 

3,880 

8,247 

1,327 

9,574 

16,429 

1,790 

18,219 

Dec. 

4,608 

235 

4,843 

3,753 

141 

3,894 

8,218 

1,168 

9,386 

16,579 

1,544 

18,123 

1952— Mar.  f 

4,568 

233 

4,801 

3,836 

142 

3,978 

8,094 

1,126 

9,220 

16,498 

1,501 

17,999 

Junef 

4,635 

235 

4,870 

3,881 

138 

4,109 

8,008 

1,082 

9,090 

16,524 

1,455 

17,979 

Sept. 

4,761 

254 

5,015 

3,983 

131 

4,114 

7,931 

1,017 

8,948 

16,675 

1,402 

18,077 

(1)  See  footnotes  to  Table  III,  pages  179-180.        f  Revised. 


CHARTERED  BANKS:  CURRENT  LOANS  TO  THE  PUBLIC  IN  CANADA 


MILLIONS   OF   DOLLARS 

3250 


3000 


MILLIONS    Or   DOLLARS 

3250 


3000 


2750 


2500 


2250 


2750 


2500 


2250 


DEC.  JAN 


FEB.  MAR. 


APR, 


JUNE 


AUG. 


SEPT. 


OCT. 


NOV. 


DEC. 


NOVEMBER  1952 


182 


IV— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals0' 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

Monthly 

1951— July 

3.23 

3.16 

2.64 

2.38 

Aug. 

3.24 

3.16 

2.64 

2.36 

Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Mar. 

3.57 

3.50 

3.00 

2.29 

Apr. 

3.55 

3.52 

3.02 

2.34 

May 

3.47 

3.43 

3.04 

2.37 

June 

3.55 

3.53 

3.15 

2.55 

July 

3.62 

3.61 

3.33 

2.79 

Aug. 

3.70 

3.67 

3.41 

2.86 

Sept. 

3.67 

3.71 

3.49 

3.01 

Oct. 

3.64 

3.69 

3.47 

3.07 

Nov. 

3.62 

3.67 

3.49 

3.07 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada <2) 

U.K.W 

U.S.A.  «> 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

3.21 

3.53 

2.66 

3.22 

3.53 

2.58 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

3.52 

4.29 

2.70 

3.52 

4.21 

2.60 

3.46 

4.29 

2.53 

3.49 

4.47 

2.55 

3.57 

4.45 

2.55 

3.61 

4.26 

2.65 

3.62 

4.12 

2.68 

3.59 

4.17 

2.70 

3.58 

4.11 

2.65 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

.771 

.512 

1.615 

.786 

.513 

1.660 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

.943 

2.315 

1.784 

.979 

2.364 

1.650 

1.019 

2.384 

1.725 

1.075 

2.402 

1.753 

1.109 

2.466 

1.810 

1.102 

2.452 

1.903 

1.139 

2.486 

1.774 

1.187 

2.417 

1.836 

1.206 

2.383 

1.843 

(1)   Payable  in  Canada  only.         (2)   Government  of  Canada  3%  due  Sept.  1,  1961-66.         (3)   United  Kingdom  3%  due  Apr.  IS,  1959-69. 
(4)  U.S.  Treasury  2)4%  due  Dec.  15,  1963-68;  not  eligible  for  commercial  banks  before  Dec.  1.  1952. 


LONG    TERM    DOMESTIC   GOVERNMENT    BOND   YIELDS 

Daily  Opening  Quotations 


CANADA,    U.K.    AND    U.S.A. 


SCPT  OCT  NOV  DEC  JAN  FCB  MAR 

1951 

*  Security  is  not  eligible  for  commercial  banks  before  Dec.  1,  1952 


46 


183 


Millions  of  Dollars 


NOVEMBER  1952!  NOVEMBER  1952 

V— FINANCIAL  STATISTICS     FOR  603  COMPANIES*:  1941 -51 1 


184 


NET  INCOME  TO  STOCKHOLDERS  :  INDUSTRIAL  CLASSIFICATION 


Fiscal  Year  Nearest  to 
Calendar  Year 


Grain  Mill  Products 

Food 

Beverage 

Tobacco 

Leather 

Rubber 

Primary  Textiles 

Miscellaneous  Textiles 

Clothing 

Wood  Products,  (incl.  Logging) 

Pulp  and  Paper 

Paper  Products. 

Printing  and  Publishing 

Iron,  Steel  and  Products 

Machinery :......' 

Electrical  Machinery  &  Equipment 

Gold  Mining 

Other  Non-ferrous  Metals 

Non-Metallic  Minerals  (ex.  Fuels)  . 

Coal  and  Natural  Gas 

Petroleum 

Chemicals 

Paints  and  Polishes 

Wholesale  Trade  &  Service 

Retail  Trade  &  Service 

Electric  and  Other  Utilities 

Telephones 

Transportation  and  Storage 

Grain  Elevators 

Total  of  603  Companies 


Number 
of 
Com- 
panies 


7 
41 
14 

3 

7 

7 

22 

13 

27 

18 
18 
23 
12 

45 
47 
26 

35 
19 
21 
16 
9 
25 


603 


1941 


2.0 

10.4 
6.8 
6.4 

.4 
3.2 
7.0 
3.4 
1.4 

1.2 

11.8 

2.3 

1.2 

13.7 
17.6 


35.8 

74.3 

5.1 

4.0 

21.2 

10.6 

1.0 

4.1 
6.7 
13.0 
9.8 
3.5 
1.3 


287.8 


1942 
(13) 


1.9 

11.5 
7.9 
6.6 


4.9 
7.9 
3.5 
1.8 

1.3 
9.5 
2.4 
1.1 

14.9 
21.7 


28.4 
73.1 
5.5 
3.6 
19.8 
9.9 
1.2 

4.7 
7.3 
14.8 
9.9 
3.3 
1.2 


1943 
(13) 


2.6 

11.4 
7.4 


.5 
4.1 
6.4 
3.4 
1.7 

1.3 
9.0 
2.2 
1.2 

15.2 
19.2 

8.5 

22.3 
68.2 
4.2 
3.4 
21.9 
9.0 
1.0 

4.4 
7.8 
15.2 
9.3 
2.4 
1.6 


271.4 


1944 

(13) 


2.6 

12.0 
9.2 
6.5 


3.6 

7.9 
3.0 
1.9 

.6 

11.1 

2.3 

1.3 

13.7 
18.0 

9.5 

17.0 
58.6 
3.7 
3.5 
21.9 
9.5 
1.2 

4.4 
9.1 
14.3 
9.5 
2.4 
1.8 


261.0 


1945 
(13) 


2.6 

11.3 
12.0 


.7 
3.9 
7.1 
3.2 
2.0 

1.2 

12.3 

2.3 

1.5 

12.5 

17.1 
7.7 

14.6 

57.2 

4.9 

'  3.8 

22.6 

10.0 

1.3 

5.2 
10.1 
14.6 
10.2 
2.6 
1.4 


1946 

(13) 


3.1 
13.0 
20.4 

7.0 

1.0 
4.6 
7.1 
4.1 
3.0 

2.4 
27.8 

4.1 
1.8 

14.6 
16.1 
7.1 

11.6 

70.6 

6.6 

3.8 

25.4 

12.3 

1.5 

7.5 
15.4 
16.0 
10.3 
1.4 
1.2 


320.8 


1947 

(13) 


3.8 

16.4 
19.9 


1.0 
9.7 
10.3 
4.9 
3.4 

5.1 

42.1 

5.9 

1.9 

20.6 

31.7 
13.2 

10.1 
104.7 
8.3 
3.9 
29.5 
15.2 
2.0 

8.2 
16.5 
17.0 
11.7 
2.8 
1.2 


427.8 


1948 


4.6 
21.2 
20.2 

7.7 


6.3 

21.0 

6.2 

3.5 

7.0 

60.9 

7.0 

2.1 

31.3 
46.6 
17.1 

11.9 

137.8 

12.5 

6.1 
34.2 
19.4 

2.4 

11.7 
19.5 
17.8 
12.7 
4.1 
1.4 


555.1 


1949 


4.0 
21.3 
16.0 

7.2 


2.8 
14.6 
5.1 
2.6 

5.0 

55.2 

6.6 

2.3 

33.7 
60.3 
21.7 

16.3 

111.7 

13.3 

5.6 
36.7 
18.6 

1.9 

9.9 
19.8 
18.2 

9.5 
5.0 
1.8 


527.3 


1950 


2.8 
23.3 
15.4 

7.3 

.7 
8.0 
19.2 
5.5 
2.6 

8.5 

75.0 

8.2 

2.6 

41.6 
63.7 
26.8 

17.2 

129.3 

18.2 

7.1 
46.1 
22.9 

1.5 

12.0 
21.8 
20.8 
13.4 
4.8 
1.9 


628.2 


THE  FOOTNOTES  BELOW  REFER  TO  TABLES  ON  PAGES  183  TO  188  INCLUSIVE 


Bank  of    Canada 


1951 


3.2 
17.1 
14.5 

5.7 

.5 

10.8 

9.9 

4.4 

1.0 

6.2 

71.7 

8.4 

1.9 

42.4 
56.3 
23.0 

14.7 

161.2 

17.7 

6.2 
62.7 
23.2 

1.8 

10.3 
18.3 
20.3 
19.4 
6.6 
2.6 

642.0 


*  The  tabulation  includes  all  those  companies  with  1941  assets  over  S200.000 
for  which  consistent  reports  were  available  from  1935-1951.  The  accounts 
of  certain  companies  which  were  available  in  some  or  all  of  these  years  were 
not  comparable  throughout  the  period  and  had  to  be  excluded.  Since  many 
of  the  companies  report  on  a  consolidated  basis,  the  number  of  individual 
companies  included  in  the  sample  is  actually  a  good  deal  larger  than  in- 
dicated. The  material  is,  of  course,  subject  to  all  the  limitations  and 
qualifications  which  apply  to  the  ba9ic  accounting  statements. 

t     Figures  are  available  on  request  for  the  years  1936-40  inclusive. 

(1)  For  purposes  of  comparability,  any  special  capital  charges  made  against 
income  account  in  company  reports  have  been  added  back  as  well  as 
"contingent"  and  "general"  reserves.  Special  inventory  reserves,  whether 
shown  by  the  company  in  operating  expenses  or  as  an  adjustment  to  earned 
surplus,  have  been  deducted  in  arriving  at  Net  Operating  Profit.  For  the 
Total  603  Companies  the  special  inventory  reserves  amounted  to  10.9, 
5.8,  2.9,  4.2,-1.8,2.5,  14.2,  1.7,  1.3,  6.3  and -5.2,  in  the  years  1941-51  re- 
spectively. 

(2)  Includes  deferred  development  and  depletion  provision  where  charged  by 
the  company.  For  the  Total  603  Companies  these  amounted  to  10.2, 
9.7,  8.4,  8.4,  8.3,  7.7,  8.3,  9.4,  8.5,  9.4  and  9.6  in  the  years  1941-51  respect- 
ively. 

(3)  The  Source  and  Use  of  Funds  Statement  is  designed  to  show  net  cash 
received  from  all  sources  and  paid  out  for  all  purposes;  revaluations  or 


purely  bookkeeping  transactions  which  affect  items  of  the  Balance  Sheet 
particularly  Plant,  Property  and  Equipment,  Preferred  and  Common 
Stock  Outstanding  and,  in  a  few  instances.  Funded  Debt,  are  not  reflected 
in  the  Source  and  Use  of  Funds  Statement. 

(4)  Includes  amortization  of  bond  discount. 

(5)  Includes  adjustments  relating  to  tax  accruals  and  other  transactions  of 
previous  years. 

(6)  Special  inventory  reserves  have  been  deducted. 

(7)  Reserves  for  depreciation  and  depletion  have  been  deducted. 

(8)  Includes  current  accounts  receivable  from  subsidiaries  and  fixed  invest- 
ment in  subsidiaries  less  current  and  non-current  accounts  payable  to 
subsidiaries. 

(9)  Includes  bond  discount  and  other  deferred  charges,  deferred  development, 
etc. 

(10)  Includes  pension  fund  reserves,  insurance  reserves  and  advance  payments 
on  contracts  (net)  and  government  accounts  (net). 

(11)  Bonds  and  mortgages  outstanding  less  sinking  fund. 

(12)  Includes  contingent  and  general  reserves,  capital  surplus  and  the  refund- 
able portion  of  the  Excess  Profits  Tax. 

(13)  Includes  the  Refundable  Portion  of  the  Excess  Profits  Tax.  amounting 
to  19.1,  32.0,  26.9,  25.7,  2.1  and  .1  in  the  years  1942-47  respectively. 


ia                                                            PROFIT  STATISTICS 

:  SUMMARY  STATEMENT 

Millions  of  Dollars 

Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation)"' 

700 
159 
42 
39 

544 
256 

288 

214 

74 

766 
180 
36 
39 

583 
293 

290 

198 

92 

729 
174' 
36 
38 

553 
282 

271 

189 

82 

664 
147 
38 
36 

519 
258 

261 

188 

73 

650 
139 
41 
35 

517 
254 

263 
185 

78 

708 
139 
45 
32 

582 
261 

321 

236 

85 

871 
156 
49 
30 

734 
306 

428 
275 

153 

1,018 
184 
52 
34 

852 
297 

555 

298 

257 

1,034 

226 

55 

38 

825 
298 

527 
325 

202 

1,267 

251 

63 

43 

1,036 
408 

628 

377 

251 

1,502 
285 

Investment  and  Other  Non-Operating  Income  (Net). . 
BondInterest(incl.Exchange&Amortization of  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision"* 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion) 

Net  Income  to  Stockholders'" 

59 
46 

1,230 
588 

642 

367 

275 

SOURCE  AND  USE 

OF  FUNDS 

0) 

Net  Source  of  Funds 

288 

214 

74 

149 

12 

235 
6 

241 

290 
198 

92 

171 

12 

275 
4 

279 

271 
189 

82 

166 

10 

258 
4 

262 

261 
188 

73 
139 

10 

222 
5 

227 

263 
185 

78 

131 

10 

219 
11 

230 

321 
236 

85 

131 

9 

225 
56 

281 

428 
275 

153 

148 

9 

310 
44 

354 

555 
298 

257 

174 

11 

442 
25 

467 

527 
325 

202 

217 

10 

429 
51 

480 

628 

377 

251 
242 

11 

504 
68 

572 

642 

367 

275 

276 

Other  Non-cash  Charges  Against  Current  Income(2)(4) 

11 

562 
113 

Total  Net  Sources  of  Funds 

675 

Net  Use  of  Funds 
Investment  in  Plant,  Property  and  Equipment 

146 

121 

2 

24 
2 
14 

277 
36 

241 

118 
15 
10 
19 
24 

16 

150 
129 

279 

79 
43 
10 
32 
12 
5 
3 

158 
104 

262 

91 
40 

27 

19 

1 

21 

117 

110 

227 

142 
1 
2 
24 
5 
3 
36 

201 
29 

230 

264 

147 

32 

2 

6 

17 

22 

446 
165 

281 

387 

286 
9 

143 
58 
11 

473 
119 

354 

466 
171 
1 
13 
160 
26 
10 

427 
40 

467 

461 
8 
13 
25 
75 
1 
26 

365 
115 

480 

448 
159 
11 
22 
102 
9 
13 

450 
122 

572 

614 
430 

33 

19 
153 

7 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities)  «> 

25 

887 

212 

675 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

Cash 

Marketable  Securities 

Current  Accounts  Receivable 

Inventories'6' 

Total  Current  Assets 

Current  Accounts  Payable 

Bank  Loans 

Accrued  Taxes  Payable •  ■  ■ 

Accrued  Interest  and  Dividends  Payable 

Net  Working  Capital 

Refundable  Portion  of  Excess  Profits  Tax 

Plant,  Property  and  Equipment  (Net)'" 

Investment  in  Other  Companies  (Net)'8' 

Goodwill,  Franchises,  etc 

Miscellaneous  Assets"' 

Miscellaneous  Liabilities'10' 

Total 

Capital  and  Surplus 

Funded  Debt'11' •■■■■■■; ;„  ;; 

Loans  from  Parent  Companies  and  Other  Sources  (Net) 

Preferred  Stock  Outstanding 

Common  Stock  Outstanding 

Earned  Surplus  and  Surplus  Reserves'"' 

Total 


321 
217 
401 
761 


1,700 

260 

103 

268 

32 


1,037 

2,152 

287 

110 

73 

75 

3,584 


782 

36 

437 

1,389 

940 


3,584 


318 
340 
418 
776 

1,852 
297 
102 
233 
31 


1,189 
19 

2,096 
274 
109 


3,668 


758 
39 

435 
1,396 
1,040 


3,668 


323 
469 
388 
818 


296 

116 

220 

27 


1,339 
51 
2,006 
264 
108 
66 
92 


3,742 


744 
44 

427 
1,404 
1,123 


3,742 


366 
524 
363 
779 


2,032 
305 


197 
29 


1,415 
76 
1,949 
262 
108 
64 
79 


3,795 


726 
24 

425 
1,413 
1,207 


3,795 


355 
562 
345 
778 


2,040 
304 


187 
32 


1,457 
95 
1,966 
264 
108 
80 
60 


3,910 


740 
31 

415 
1,429 
1,295 

3,910 


351 
430 
384 
925 


2,090 

339 

80 

181 

37 


1,453 
93 
2,100 
296 
107 
79 
78 


4,050 


747 
20 

395 
1,493 
1,395 


4,050 


361 
398 


1,214 


2,456 

421 

132 

220 

53 


1,630 
90 

2,335 
313 
106 
100 


895 
26 

443 
1,546 
1,567 


4,477 


400 

377 

570 

1,386 


2,733 

459 

117 

225 

62 


1,870 
71 

2,632 
322 
104 
104 
110 


4,993 


1,058 

15 

466 

1,576 

1,908 


4,993 


435 
436 

587 
1,372 


2,830 
432 

147 

211 

62 


1,978 

45 

2,878 

340 

103 
107 
104 


5,347 


1,135 

2 

469 

1,627 

2,118 


5,347 


Note:  For  footnotes  see  facing  page. 


185 


Millions  of  Dollars 


Group  1  :  Assets  over  $25  million  :  34  Companies 


NOVEMBER  1952 

V— FINANCIAL  STATISTICS  FOR  603  COMPA 

Bank  of 


NOVEMBER  1952 

NIES*  CLASSIFIED  BY  ASSET  SIZE  :  1941-51 

Group  2  :  Assets  $5  mm. 


Canada 


Fiscal  Year  Nearest  to  Calendar  Year  |  1941  |  1942  |  1943  |  1944  [  1945  |  1946  1  1947  |  1948  |  1949  |  1950  |  1951 

PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


348 
81 
29 

28 

268 
118 

150 

117 

33 

378 
91 
22 

27 

282 
131 

151 

115 

36 

362 

94 
23 

27 

264 
122 

142 

115 

27 

327 

81 
25 

27 

244 
110 

134 

108 

26 

318 

78 
26 
26 

240 
105 

135 

109 

26 

343 

75 
25 

25 

268 
110 

158 

130 

28 

442 
83 
26 
22 

363 

142 

221 

148 

73 

534 
96 
29 

25 

442 
146 

296 

174 

122 

557 

120 

28 

28 

437 
152 

285 

183 

102 

685 

130 

31 

30 

556 
214 

342 

205 

137 

834 

150 

Investment  and  Other  Non-Operating  Income  (Net). . 
Bond  Interest  (incl.Exchange&Amortizationof  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision'" 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion) 

29 

32 

681 
315 

366 

216 

150 

SOURCE  AND  USE  OF  FUNDS'3' 


Net  Source  of  Funds 

150 
117 

33 

74 
9 

116 
1 

117 

151 
115 

36 

84 

9 

129 
1 

130 

142 
115 

27 

87 

8 

122 
1 

123 

134 
108 

26 

74 
8 

108 
1 

109 

135 
109 

26 

73 

7 

106 
2 

108 

158 

130 

28 
69 

6 

103 
26 

129 

221 

148 

73 

78 

6 

157 
34 

191 

296 

174 

122 

90 

7 

219 
13 

232 

285 
183 

102 
114 

7 

223 
47 

270 

342 

1205 

137 

124 

7 

268 
61 

329 

366 

216 

150 
145 

7 

302 
90 

392 

Other  Non-cash  Charges  against  Current  Income'1"*) 

Total  Net  Sources  of  Funds 

Net  Use  of  Funds 

69 

44 

6 

14 

9 

112 
5 

117 

68 
5 
7 
7 
9 

4 

68 
62 

130 

41 
4 
5 
9 
3 
1 
1 

46 
77 

123 

48 
1 
1 

7 
14 

4 

63 

46 

109 

63 

14 

2 

7 

'   6 

15 

95 
13 

108 

132 
65 
16 

13 
4 
16 

214 
85 

129 

218 

147 

1 

82 

47 
8 

227 
36 

191 

282 

104 

22 

5 

117 

13 

8 

221 
11 

232 

278 
2 

25 
7 

49 
5 

17 

211 
59 

270 

255 
58 
26 

6 
51 
16 

2 

216 
113 

329 

339 
211 

13 
6 

71 
8 

13 

465 
73 

392 

Investment  in  Refundable  Excess  Profits  Tax 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities)'5' 

Increase  in  Working  Capital  ex.  Inventories 

Total  Net  Uses  of  Funds 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

Cash 

Marketable  Securities 

Current  Accounts  Receivable 

Inventories'6' 

Total  Current  Assets 

Current  Accounts  Payable 

Bank  Loans 

Accrued  Taxes  Payable 

Accrued  Interest  and  Dividends  Payable \ 

Net  Working  Capital 

Refundable  Portion  of  Excess  Profits  Tax 

Plant,  Property  and  Equipment  (Net)'" 

Investment  in  Other  Companies  (Net)'8' 

Goodwill,  Franchises,  etc 

Miscellaneous  Assets  <" 

Miscellaneous  Liabilities'"" 

Total 

Capital  and  Surplus 

Funded  Debt'"' 

Loans  from  Parent  Companies  and  Other  Sources  (Net) 

Preferred  Stock  Outstanding 

Common  Stock  Outstanding 

Earned  Surplus  and  Surplus  Reserves"2' 

Total 


183 

77 

160 

321 


741 
110 

24 
127 

15 


465 

1,307 

203 

60 

40 

56 


2,019 


559 
12 


761 
519 


2,019 


152 
140 
186 
316 


794 
124 

20 
108 

15 


527 
7 
1,287 
194 
60 
35 
52 


2,058 


550 
17 
167 
762 
562 


2,058 


155 
210 
166 
320 


851 

117 

17 

95 

14 


16 
1,236 
187 
60 
33 
49 


2,091 


553 
21 
167 
763 
587 


2,091 


179 
232 
154 
320 


885 

116 

7 

89 

17 


656 
23 
1,199 
183 
60 
32 
54 


2,099 


540 
2 
167 
764 
626 


2,099 


171 
266 
132 
333 

902 
113 


20 

683 

28 

1,188 

184 
60 
41 
47 

2,137 


553 
8 
167 
766 
643 

2,137 


170 
201 
150 
398 


919 

132 

17 

82 

23 

665 

28 

1,252 

199 
59 
40 
58 

2,185 


551 
13 
162 
795 
690 

2,185 


197 
197 
191 
546 


1,131 
184 

25 
106 

35 


781 

27 

1,389 

205 
59 
50 
76 


2,435 


637 
10 


830 
770 


2,435 


214 
175 
240 
650 


1,279 

203 

16 

114 

44 


902 

20 

1,577 

193 
58 
52 


2,714 


756 
51 
219 
845 
945 


2,714 


Note:  For  footnotes  see  page  183. 


234 

254 
644 


1,340 
189 

42 
110 

43 


956 

13 

1,740 

200 
57 
52 
84 


2,934 


805 
35 
225 
892 
1,047 


2,934 


244 
361 
333 
702 


1,640 

251 

37 

160 

54 


1,138 

7 

1,875 

207 

56 

54 


3,239 


856 

5 

227 


3,239 


240 
365 
384 
914 


290 
68 

213 
53 

1,279 

1 

2,099 

200 

52 

67 

124 

3,574 


1 

233 

1,059 

1,343 

3,574 


$25  mm.  :  118  COMPANIES 


Fiscal  Year  Nearest  to  Calendar  Year  |  1941  |  1942  |  1943  |  1944  |  1945  |  1946  \  1947  |  1948 


186 


Millions  of  Dollars 
1949  |  1950  |  1951 


PROFIT  STATISTICS 

:  SUMMARY  STATEMENT 

Net  Operating  Profit  (Before  Depreciation)  <» 

225 

53 
9 
9 

172 
86 

86 

62 

24 

248 

62 
9 
9 

186 
99 

87 

54 

33 

236 

56 
9 
8 

181 
98 

83 

49 

34 

215 

47 

10 

8 

170 
88 

82 

56 

26 

210 
42 
10 

7 

171 
89 

82 

53 

29 

223 

44 
16 
6 

189 
87 

102 

70 

32 

276 

48 

18 

6 

240 
104 

136 

87 

49 

310 
57 
18 

7 

264 
97 

167 

90 

77 

305 
69 
22 

8 

250 
94 

156 

98 

58 

379 

78 
25 

9 

317 
129 

188 

117 

71 

453 

Investment  and  Other  Non-Operating  Income  (Net). . 
BondInterest(incl.Exchange&Amortizationof  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision'" 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion) 

Net  Income  to  Stockholders'" 

88 

24 

.  11 

378 
187 

191 

Undistributed  Income"' 

81 

SOURCE  AND  USE  OF  FUNDS'" 

Net  Source  of  Funds 

86 
62 

24 
52 
2 

78 

4 

82 

87 

54 

33 

61 

2 

96 
3 

99 

83 
49 

34 
55 
2 

91 
2 

93 

82 
56 

26 

46 
2 

74 
3 

77 

82 
53 

29 

40 
2 

71 
15 

86 

102 
70 

32 

42 
2 

76 
26 

102 

136 
87 

49 

47 
2 

98 
6 

104 

167 
90 

77 
55 
2 

134 
11 

145 

156 

98 

58 
68 
2 

128 
3 

131 

188 
117 

71 
75 
3 

149 
6 

155 

191 
110 

81 
85 
3 

169 
20 

189 

Other  Non-cash  Charges  Against  Current  Income""'" 

Total  Net  Sources  of  Funds 

Net  use  of  Funds 

55 

44 

2 

9 
1 
3 

108 
26 

82 

36 

11 
3 
7 

11 
1 

10 

51 
48 

99 

28 
36 
4 
14 
11 
3 
2 

86 

7 

93 

31 

33 

2 

11 
5 
4 

27 

39 
38 

77 

53 
13 

9 
5 
5 
13 

72 

14 

86 

84 

52 

12 

1 

2 

10 

5 

152 
50 

102 

106 

97 

7 

40 
14 

7 

149 
45 

104 

128 
39 
13 

5 
37 
12 

4 

122 
23 

145 

126 
3 
8 
10 
19 
1 
3 

106 
25 

131 

123 
54 
8 
9 
39 
8 
5 

140 
15 

155 

185 
141 

19 

7 
64 

11 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities)'5' 

5 

280 

91 

Total  Net  uses  of  Funds 

189 

YEAR-END  BALANCE  S 

HEET 

Net  Working  Capital  and  Other  Assets 

86 

99 

147 

278 

610 
91 
51 
89 
11 

368 

603 
60 
28 
20 
15 

1,064 

106 
141 
141 
288 

676 
111 
50 
76 
11 

428 
7 

577 
57 
27 
21 
29 

1,088 

102 
176 
135 
324 

737 

112 

67 

77 

8 

473 
21 

552 
54 
26 
19 
33 

1,112 

111 
193 
125 
290 

719 

115 

51 

65 

8 

480 
31 

539 
57 
26 
18 
13 

1,138 

109 
193 
128 
278 

708 
117 
28 
65 

8 

490 
39 

554 

55 

29 

22 

7 

1,182 

108 
156 
135 
329 

728 

130 

29 

60 

11 

498 
37 

592 
67 
29 
23 
11 

1,235 

101 
144 
171 
426 

842 

145 

60' 

74 

14 

549 
36 

651 
74 
29 
29 
12 

1,356 

112 
145 
192 
466 

915 

154 

53 

72 

14 

622 
28 

729 
87 
29 
30 
12 

1,513 

135 
141 
192 
463 

931 
145 
59 

66 

12 

649 
18 

790 
95 
28 
33 
11 

1,602 

110 
190 
258 
517 

1,075 
186 
68 
92 
13 

716 
9 
837 
107 
27 
31 
12 

1,715 

108 

168 

281 

658 

1,215 

207 

109 

118 

13 

768 

2 

940 

121 

27 

37 

12 

1,883 

Capital  and  Surplus 

177 
13 
187 
415 
272 

1,064 

166 

10 
188 
418 
306 

1,088 

152 
12 
182 
422 
344 

1,112 

147 
9 
186 
425 
371 

1,138 

143 
10 
181 
437 
411 

1,182 

147 
18 
170 
466 
434 

1,235 

188 
18 
175 
481 
494 

1,356 

225 
20 
187 
494 
587 

1,513 

245 
20 
186 
497 
654 

1,602 

284 
24 
192 
502 
713 

1,715 

350 

Loans  frpm  Parent  Companies  and  Other  Sources  (Net) 

38 
188 

516 

791 

1,883 

Note:  for  footnotes  see  page  183. 


187 


Millions  of  Dollars 


Group  3  :  Assets  $1  mm. 


NOVEMBER  1952 

VII— FINANCIAL  STATISTICS  FOR  603  COMPA 

$5  mm.  :  230  Companies  Bank  of 


NOVEMBER  1952 

NIES*  CLASSIFIED  BY  ASSET  SIZE  :  1941-51 

Group  4  :  Assets  Under  $i  million  :  221  Companies! 


Fiscal  Year  Nearest  to  Calendar  Year         |  1941  |  1942  |  1943  |  1944  [  1945  |  1946  |  1947  |  1948  |  1949  |  1950  |  1951~ 


PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

Cash 

Marketable  Securities 

Current  Accounts  Receivable 

Inventories161 

Total  Current  Assets 

Current  Accounts  Payable 

Bank  Loans 

Accrued  Taxes  Payable 

Accrued  Interest  and  Dividends  Payable 

Net  Working  Capital 

Refundable  Portion  of  Excess  Profits  Tax 

Plant,  Property  and  Equipment  (Net)"' 

Investment  in  Other  Companies  (Net)'8' 

Goodwill,  Franchises,  etc 

Miscellaneous  Assets19* 

Miscellaneous  Liabilities'10' 

Total 

Capital  and  Surplus 

Funded  Debt"1' 

Loans  from  Parent  Companies  and  Other  Sources  (Net) 

Preferred  Stock  Outstanding 

Common  Stock  Outstanding 

Earned  Surplus  and  Surplus  Reserves"2' 

Total 


43 
35 
72 
127 


277 

46 

22 

43 

4 


162 

211 
21 
19 
11 

4 


420 


43 
6 

70 
180 
121 


49 
70 
136 


304 

50 

26 

38 

4 


186 

4 

201 

20 

19 

11 

7 


434 


40 
7 

67 
182 
138 


55 
67 
67 
138 


327 
53 
26 
38 

4 


206 
10 

189 
21 
19 
11 
10 


446 


36 

6 
65 
185 
154 


63 


64 
133 


340 
58 
21 
33 

4 


224 
17 

182 
20 
18 
10 
11 


460 


36 
6 

61 
189 
168 


460 


62 
84 
64 
129 


339 

57 

17 

34 

3 


228 
22 

193 
21 
16 
13 


487 


40 
6 

56 
191 
194 


58 
62 
74 
150 


344 
58 
23 
30 
3 


230 
22 

220 
27 
15 
14 


519 


43 
9 

53 
196 
218 


50 
50 
90 
183 


373 
69 
32 
32 


236 
22 

250 
30 
15 
17 


562 


63 
12 

49 
198 
240 


562 


57 

49 

101 

208 


415 
77 
35 
29 
4 


270 
18 

273 
37 
15 
17 
10 


620 


10 
51 

200 
293 


620 


71 
54 
103 


427 
74 
33 
27 
5 


288 
12 

290 
41 
15 
17 


655 


73 
8 

48 
201 
325 


Net  Operating  Profit  (Before  Depreciation)"' 

107 

22 

3 

2 

86 
42 

44 
32 

12 

116 

23 

3 

2 

94 
51 

43 

26 

17 

107 

21 

3 

2 

87 
49 

38 
22 

16 

98 
16 
3 
2 

83 
46 

37 

21 

16 

99 
16 
4 
2 

85 
48 

37 

19 

18 

113 
17 
4 
2 

98 
50 

48 
28 

20 

118 

21 

4 

2 

99 

45 

54 
32 

22 

133 
25 

4 
2 

110 
41 

69 

28 

41 

134 

30 

4 

2 

106 
40 

66 

35 

31 

157 

34 

5 

3 

125 
50 

75 

43 

32 

166 
38 

Investment  and  Other  Non-Operating  Income  (Net). . 
Bond  Interest  (incl.  Exchange&Amortizationof  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision"' .... 
Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion) 

5 
3 

130 
64 

66 

34 

32 

SOURCE  AND  USE 

OF  FUNDS"' 

Net  Source  of  Funds 

44 
32 

12 

20 

2 

34 
34 

43 
26 

17 

22 

2 

41 
41 

38 
"22 

16 

20 

1 

37 
1 

38 

37 
21 

16 

16 

1 

33 

1 

34 

37 
19 

18 

15 

1 

34 

1 

35 

48 
28 

20 

16 

1 

37 
4 

41 

54 
32 

22 

20 

1 

43 
2 

45 

69 
28 

41 

24 

1 

66 

1 

67 

66 
35 

31 
29 

1 

61 

1 

62 

75 
43 

32 

33 
1 

66 

1 

67 

66 

34 

32 

37 

Other  Non-cash  Charges  Against  Current  Income'2"4' 

1 

70 
2 

Total  Net  Sources  of  Funds 

72 

Net  Use  of  Funds 

18 

26 

1 

1 
1 
1 

46 
12 

34 

11 
9 

4 
3 
1 
2 

26 
15 

41 

8 
2 

7 
4 
1 
1 

21 
17 

38 

10 
5 
1 

§ 

1 
2 

3 

10 
24 

34 

21 
3 
1 
6 
4 
5 
8 

32 
3 

35 

40 
21 
4 
1 
3 
2 
3 

62 

21 

41 

51 

33 

2 

19 
4 
3 

74 
29 

45 

44 
25 
7 
3 
3 
1 
1 

70 
3 

67 

46 
9 
4 
6 
7 
3 
5 

36 
26 

62 

57 

33 

6 

5 
10 

8 

73 
6 

67 

76 
61 

Investment  in  Refundable  Excess  Profits  Tax 

5 
16 

1 
5 

112 

40 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities)'5' 

Sub-Total 

Total  NetUses  of  Funds 

72 

62 
128 
232 


90 


313 
7 
315 
48 
12 
16 
6 


705 


19 

57 

202 

343 


705 


Note:  for  footnotes  see  page  183. 


548 


100 

26 

58 

205 

378 

767 


Canada 


188 


Millions  of  Dollars 


Fiscal  Year  Nearest  to  Calendar  Year  |  1941  |  1942  |  1943  |  1944  \  1945  |  1946  |  1947  |  1948  ]  1949  |  1950  |  1951 


PROFIT  STATISTICS 

:  SUMMARY  STATEMENT 

Net  Operating  Profit  (Before  Depreciation)  "> 

Depreciation"' 

20.4 

3.2 

.5 

.2 

17.5 
9.4 

8.1 

3.7 

4.4 

24.7 

3.5 

.6 

.2 

21.6 
12.9 

8.7 

3.4 

5.3 

24.2 

3.5 

.8 

.2 

21.3 
13.2 

8.1 

3.5 

4.6 

23.4 

2.8 

.8 

.2 

21.2 
13.0 

8.2 

3.4 

4.8 

22.9 

2.8 

.8 

.2 

20.7 
12.2 

8.5 
3.3 

5.2 

29.3 

3.1 

.9 

.2 

26.9 
14.0 

12.9 

7.5 

5.4 

35.0 

3.9 

.8 

.2 

31.7 
14.8 

16.9 

8.0 

8.9 

40.4 

5.0 

.9 

.2 

36.1 
13.2 

22.9 

5.3 

17.6 

37.8 

6.8 

.9 

.4 

31.5 
12.2 

19.3 
8.8 

10.5 

45.0 
8.4 

1.8 
.5 

37.9 
15.1 

22.8 
11.2 

11.6 

48.8 

8.8 

.9 

.5 

40.4 
20.7 

19.7 
7.4 

12.3 

Investment  and  Other  Non-Operating  Income  (Net) . . 
BondInterest(incl. Exchange&Amortizationof  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision"' 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion) 

Net  Income  Paid  Out  in  Cash  Dividends. . 

SOURCE  AND  USE  OF  FUNDS"' 

Net  Source  of  Funds 

8.1 
3.7 

4.4 
3.2 

7.6 

7.6 

8.7 
3.4 

5.3 

3.5 

8.8 
.3 

9.1 

8.1 
3.5 

4.6 
3.5 

8.1 
.3 

8.4 

8.2 
3.4 

4.8 
2.8 

7.6 
.4 

8.0 

8.5 
3.3 

5.2 
2.8 

8.0 
.2 

8.2 

12.9 

7.5 

5.4 
3.1 

8.5 

.4 

8.9 

16.9 
8.0 

8.9 
3.9 

12.8 

.7 

13.5 

22.9 
5.3 

17.6 
5.0 

22.6 
1.0 

23.6 

19.3 
8.8 

10.5 

6.8 

.1 

17.4 
.2 

17.6 

22.8 
11.2 

11.6 
8.4 

.1 

20.1 
.2 

20.3 

19.7 
7.4 

12.3 
8.8 

21,1 
3 

Other  Non-cash  Charges  Against  Current  Income'2"" 

Total  Net  Sources  of  Funds 

21.4 

Net  Use  of  Funds 

3.7 

6.2 

.4 

.3 
.1 

.4 

10.3 
2.7 

7.6 

3.1 

.7 

1.1 
.3 
.2 
.6 

4.8 
4.3 

9.1 

2.1 
1.1 
.4 
2.2 
.2 
.1 
.2 

4.9 
3.5 

8.4 

2.6 
.3 

1.9 

1.2 

.7 

1.3 

5.0 

3.0 

8.0 

4.9 
1.6 
.2 
1.7 
.2 
.2 
.6 

9.4 
1.2 

8.2 

7.7 

9.0 
.3 
.1 

1.5 
.9 

1.6 

17.5 
8.6 

8.9 

12.0 

11.8 

.9 

1.5 

1.2 

.3 

22.3 
8.8 

13.5 

12.7 
4.2 
.5 
.8 
3.8 
.9 
.8 

14.5 
9.1 

23.6 

11.1 
2.7 
1.0 
1.7 
.4 
.2 
1.3 

12.2 
5.4 

17.6 

11.9 
13.8 

.7 
1.6 
2.0 

.1 
1.7 

21.2 

.9 

20.3 

12.6 
18.1 

1.4 
1.6 

3.1 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities)"' 

1.1 
29.7 

8.3 

Total  Net  uses  of  Funds 

21.4 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 


Cash 

Marketable  Securities 

Current  Accounts  Receivable . 
Inventories'6' 


Total  Current  Assets 

Current  Accounts  Payable 

Bank  Loans 

Accrued  Taxes  Payable 

Accrued  Interest  and  Dividends  Payable . 


Net  Working  Capital 

Refundable  Portion  of  Excess  Profits  Tax. 
Plant,  Property  and  Equipment  (Net)'"  .  . 
Investment  in  Other  Companies  (Net)'"  .  . 

Goodwill,  Franchises,  etc 

Miscellaneous  Assets™' 

Miscellaneous  Liabilities"0' 


Total. 


Capital  and  Surplus 

Funded  Debt"1' •  ■      , 

Loans  from  Parent  Companies  and  Other  Sources  (Net) 

Preferred  Stock  Outstanding 

Common  Stock  Outstanding 

Earned  Surplus  and  Surplus  Reserves'12' 


Total. 


9.1 

6.4 

21.6 

34.7 


71.8 

13.1 

6.0 

9.5 

.5 


42.7 

30.8 
3.3 
3.4 
2.0 

.4 


81.8 


3.1 

5.2 
12.4 
33.3 
27.8 


81.8 


12.1 
10.3 
20.2 
35.4 


78.0 

12.7 

6.5 

11.0 

.3 


47.5 
1.1 

30.5 

3.2 

3.4 

2.2 

.2 


87.7 


2.8 

5.9 

12.2 

33.6 

33.2 


87.7 


11.7 
15.3 
18.9 
36.5 


82.4 

13.5 

6.5 

10.0 

.3 


52.1 
3.3 

29.3 

2.8 

3.3 

2.4 

.1 


93.1 


3.0 

6.7 

12.0 

34.0 

37.4 


93.1 


13.2 
18.3 
18.9 
36.2 


15.2 

6.7 

9.2 

.3 


55.2 
5.1 

29.3 
3.0 
3.2 
3.2 


4.2 
7.0 
11.1 
34.4 
41.5 


98.2 


12.4 
19.3 
20.5 
37.8 


90.0 

16.2 

8.5 

8.7 

.3 


56.3 
6.5 

31.4 

3.6 

3.1 

3.4 

.9 


103.4 


4.0 
6.6 
10.7 
34.8 
47.3 


103.4 


14.0 
11.6 
25.4 
46.8 


97.8 
18.6 
10.0 
9.3 


59.3 
5.9 

36.7 
3.9 
3.1 
3.4 


5.5 

6.4 

9.5 

35.8 

54.2 


111.4 


12.9 
7.9 

30.4 
58.6 


109.8 

22.5 

14.3 

9.4 


62.7 
5.7 

45.2 
4.9 
3.0 
3.3 
1.0 


123.8 


7.1 

5.4 

10.7 

36.8 

63.8 


123.8 


17.5 

7.2 

36.7 

62.8 


124.2 

24.3 

13.1 

9.2 


77.0 
4.6 

53.1 
5.3 
2.9 
3.9 
1.0 


145.8 


11.0 

5.4 

9.7 

37.9 

81.8 


145.8 


19.9 

7.9 

38.2 

65.5 


131.5 

24.6 

12.4 

7.7 

1.3 


85.5 
3.0 

58.0 
4.2 
2.7 
4.0 
.9 


156.5 


11.5 
4.3 
10.3 
37.9 
92.5 


156.5 


17.3 

9.0 

48.8 

79.2 


154.3 

29.6 

17.3 

10.2 

.5 


96.7 
1.5 

62.2 

4.9 

2.8 

4.1 

.7 


171.5 


13.5 
6.8 
13.7 
38.2 
99.3 


171.5 


t  This  includes  only  companies  with  1941  assets  over  *200,000  and  under  $1,000,000  and  constitutes  a  relatively  small  proportion  of  all  companies  having 
assets  under*  1,000,000        Note:  For  other  footnotes  see  page  183. 


189 


NOVEMBER  1952 


Millions  of  Dollars 


V— FINANCIAL  STATISTICS  FOR  603  COMPANIES*:  1941 -51 1 

Bank  of  Canada 
NET  PROFIT  BEFORE  TAX  :  INDUSTRIAL  CLASSIFICATION 


Fiscal  Year  Nearest  to  Calendar  Year 


No.  of 
Cos 


1941 


1942 


1943 


1944 


1945 


1946 


1947 


1948 


1949 


1950 


Grain  Mill  Products 

Food 

Beverage 

Tobacco 

Leather 

Rubber 

Primary  Textiles 

Miscellaneous  Textiles 

Clothing 

Wood  Products,  (incl.  Logging) 

Pulp  and  Paper 

Paper  Products 

Printing  and  Publishing 

Iron,  Steel  and  Products 

Machinery,  (excl.  Electrical) 

Electrical  Machinery  &  Equipment 

Gold  Mining 

Other  Non-ferrous  Metals 

Non-metallic  Minerals  (ex.  Fuels)  . 

Coal  and  Natural  Gas 

Petroleum 

Chemicals 

Paints  and  Polishes 

Wholesale  Trade  &  Service 

Retail  Trade  &  Service 

Electric  and  Other  Utilities 

Telephones 

Transportation  and  Storage 

Grain  Elevators 

Total  of  603  Companies 


7 
41 
14 

3 

7 

7 

22 

13 

27 

18 
18 
23 
12 

45 
47 
26 

35 
19 
21 
16 
9 
25 


57 
32 
20 
7 
13 
11 


3.3 

20.6 

12.9 

9.7 

1.0 
7.1 
23.7 
7.1 
2.9 

2.9 

28.4 

4.8 

2.2 

30.6 
44.1 
23.0 

49.8 

120.9 

10.6 

7.0 
35.1 
21.5 

2.0 


13.0 

23.7 

16.7 

8.1 

2.3 


3.8 
24.2 
16.6 
11.5 

1.5 
11.2 
23.6 

7.7 
4.2 

3.1 

20.0 

5.5 

2.4 

37.5 
60.6 
25.7 

39.7 

120.8 
11.9 

6.2 
34.4 
20.0 

2.9 

10.9 
17.4 
30.8 
19.8 
7.3 
2.0 


6.9 
26.9 
16.7 
10.8 

1.4 

9.9 

13.9 

6.8 

4.1 

3.2 

21.1 

5.6 

2.7 

36.0 
59.7 
20.9 

31.0 

109.9 

7.9 

6.1 

37.3 

18.8 

2.4 

11.5 
20.2 
30.2 
22.0 
5.5 
3.8 


5.3 

28.5 
22.8 
10.6 

1.7 

7.8 

15.2 

6.2 

4.4 

4.0 

25.0 

5.6 

3.0 

29.6 
47.3 
20.8 

23.3 

92.9 

7.9 

5.7 

38.2 

19.5 

3.0 

10.9 
22.4 
25.4 
22.4 
5.3 
4.0 


5.3 
26.5 
33.6 
11.6 

1.5 

8.7 

14.3 

6.9 

4.2 

3.6 

24.6 

5.7 

3.5 

25.3 

41.0 
14.8 

20.3 
87.3 
10.4 

6.5 
37.8 
20.3 

3.2 

12.0 
26.0 
27.9 
25.5 
5.6 
3.1 


5.7 
25.8 
44.6 

10.7 

1.8 
9.5 
13.4 
7.8 
6.2 

5.5 

61.0 

8.6 

3.7 

27.2 
31.9 

12.0 

15.7 

102.1 

13.2 

6.9 
41.8 
22.6 

3.2 

15.2 
29.8 
28.7 
22.1 
2.9 
2.6 


31.0 

36.4 

9.5 

1.8 

16.2 

18.2 

8.9 

6.6 

11.5 

88.0 

11.1 

3.3 

38.5 
58.7 
25.1 

12.4 

151.7 

15.3 

6.9 
44.6 
26.3 

4.0 

15.7 
28.8 
28.9 
20.3 
4.8 
2.3 


7.5 
33.7 
33.3 
11.5 

1.5 
9.8 
31.7 
9.5 
6.5 

11.4 

100.5 

11.1 

3.3 

51.0 
77.8 
28.0 

14.5 

188.6 

20.5 

9.8 
48.3 
30.5 

3.9 

18.2 
32.2 
28.4 
20.1 
6.4 
2.4 


5.3 
36.2 

28.1 
10.7 

1.1 

4.6 

23.4 

7.9 

4.4 

8.0 
94.3 
10.9 

3.8 

55.7 

103.0 

33.4 

19.6 

156.5 

22.3 

9.4 
47.5 
30.7 

2.9 

15.9 
33.1 
29.9 
15.8 
7.9 
2.9 


3.9 

42.4 
27.1 
11.9 

1.2 
15.5 
36.3 

9.1 
4.5 

13.7 

132.4 

14.1 

4.5 

72.0 

112.8 

44.8 

20.8 
188.1 
29.9 
13.1 
70.3 
38.9 
2.5 

19.5 
37.5 
35.1 

22.7 
8.1 
3.3 


603 


543.8 


583.2 


553.2 


518.7 


517.0 


582.2 


733.6 


851.9 


825.2 


1036.0 


THE  FOOTNOTES  BELOW  REFER  TO  TABLES  ON  PAGES  189  TO  203  INCLUSIVE. 


*  The  tabulation  includes  all  those  companies  in  the  classification  specified 
with  1941  assets  over  $200,000  for  which  consistent  reports  were  available 
from  1935-51.  The  material  is,  of  course,  subject  to  all  the  limitations  and 
qualifications  which  apply  to  the  basic  accounting  statements. 

t     Figures  are  available  on  request  for  the  years  1936-40  inclusive. 

(1)  For  purposes  of  comparability,  any  special  capital  charges  made  against 
income  account  in  company  reports  have  been  added  back  as  well  as 
"contingent"  and  "general"  reserves.  Special  inventory  reserves, 
whether  shown  by  the  company  in  operating  expenses  or  as  adjustment 
to  earned  surplus,  have  been  deducted  in  arriving  at  Net  Operating  Profit. 

(2)  Includes  depletion  and  deferred  development  provision  where  charged 
by  the  company. 

(3)  The  Source  and  Use  of  Funds  Statement  is  designed  to  show  net  cash 
received  from  all  sources  and  paid  out  for  all  purposes;  revaluations  or 
purely  bookkeeping  transactions  which  affect  items  of  the  Balance  Sheet, 
particularly   Plant,   Property  and   Equipment,   Preferred  and   Common 


Stock  outstanding  and,  in  a  few  instances.  Funded  Debt,  are  so  far  as 
possible  eliminated  from  the  Source  and  Use  of  Funds  Statement. 

(4)  Includes  amortization  of  bond  discount. 

(5)  Includes  adjustments  relating  to  tax  accruals  and  other  transactions 
of  previous  years. 

(6)  Special  inventory  reserves  have  been  deducted. 

(7)  Reserves  for  depreciation  and  depletion  have  been  deducted. 

(8)  Includes  current  accounts  receivable  from  subsidiaries  and  fixed  invest- 
ment in  subsidiaries  less  current  and  non-current  accounts  payable  to 
subsidiaries. 

(9)  Includes  goodwill,  franchises,  bond  discount  and  other  deferred  charges, 
deferred  development  etc.,  less  pension  fund  reserves,  insurance  reserves 
and  advance  payments  on  contracts. 

(10)  Bonds  and  mortgages  outstanding  less  sinking  fund. 

(11)  Includes  contingent  and  general  reserves,  capital  surplus  and  the  re- 
fundable portion  of  the  Excess  Profits  Tax. 


NOVEMBER  1952 


190 


V— FINANCIAL  STATISTICS  :  41  FOOD  PRODUCTS  COMPANIES*! 

Bank  of  Canada 


Millions  of  Dollars                                     PROFIT  STATISTICS  : 

SUMMARY 

STATEMENT 

Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation) (1) 

27.0 
6.1 
1.0 
1.3 

20.6 
10.2 

10.4 

9.4 

1.0 

30.6 

6.1 

.9 

1.2 

24.2 
12.7 

11.5 

6.6 

4.9 

33.0 
6.1 
1.1 
1.1 

26.9 
15.5 

11.4 

5.7 

5.7 

34.7 
6.3 
1.1 
1.0 

28.5 
16.5 

12.0 

7.1 

4.9 

32.5 
6.3 
1.2 

.9 

26.5 
15.2 

11.3 

6.2 

5.1 

32.0 

6.8 

1.4 

.8 

25.8 
12.8 

13.0 

7.7 

5.3 

38.2 

7.5 

1.1 

.8 

31.0 
14.6 

16.4 

8.0 

8.4 

41.8 

8.9 

1.7 

.9 

33.7 
12.5 

21.2 

8.0 

13.2 

46.9 

11.2 

1.5 

1.0 

36.2 
14.9 

21.3 

10.0 

11.3 

55.3 

12.8 

1.1 

1.2 

42.4 
19.1 

23.3 

14.7 

8.6 

48  2 

13.8 
1.5 
1.3 

34.6 
17.5 

17  1 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision'1' 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion)  •  • 

Net  Income  to  Stockholders'1' 

9.6 

7  5 

Undistributed  Income'1' 

SOURCE  AND  USE 

OF  FUNDS" 

Net  Source  of  Funds 

Net  Income  to  Stockholders 

10.4 
9.4 

1.0 

6.1 

7.1 
7.1 

11.5 
6.6 

4.9 
6.1 

11.0 
.3 

11.3 

11.4 
5.7 

5.7 
6.1 

11.8 
.4 

12.2 

12.0 
7.1 

4.9 
6.3 

11.2 
1.1 

12.3 

11.3 
6.2 

5.1 
6.3 

11.4 
.8 

12.2 

13.0 

7.7 

5.3 
6.8 

12.1 
.5 

12.6 

16.4 
8.0 

8.4 
7.5 

15.9 
.2 

15.7 

21.2 

8.0 

13.2 
8.9 

22.1 
.8 

22.9 

21.3 

10.0 

11.3 
11.2 

22.5 
.2 

22.7 

23.3 
14.7 

8.6 
12.8 

21.4 
.1 

21.3 

17  1 

9  6 

7  5 

13  8 

Other  Non-cash  Charges  Against  Current  Income'2'  <4'. . .  . 
Total  Funds  From  Current  Income 

21  3 

Issue  of  Common  Stock 

1 

Total  Net  Sources  of  Funds 

21.4 

Net  Use  of  Funds 

5.0 

17.3 

.8 

1.6 
.1 
.3 

25.1 
18.0 

7.1 

3.3 

10.1 

1.8 

.8 

1.9 

.8 

6.7 
18.0 

11.3 

3.3 
9.8 
2.6 
2.0 
2.1 
.2 
5.5 

25.5 
13.3 

12.2 

4.2 
4.4 
3.1 
2.4 
.2 
1.1 

4.0 
8.3 

12.3 

5.2 

.3 

.6 

1.1 

3.2 

1.2 

.9 

8.9 
3.3 

12.2 

11.1 

12.9 

1.7 

1.9 

.1 

1.0 

22.9 
10.3 

12.6 

21.1 

24.7 

.5 

7.2 

.2 

1.5 

37.8 
22.1 

15.7 

19.7 
.6 
1.2 
.5 
2.6 
5.3 
1.7 

14.8 
8.1 

22.9 

18.5 
2.0 

.6 
1.9 

.3 
2.8 

.8 

20.9 
1.8 

22.7 

17.9 
37.7 
.6 
1.6 
4.3 
4.8 
4.5 

50.6 
29.3 

21.3 

25  0 

8  8 

Investment  in  Other  Companies 

8 

1.2 

Redemption  of  Funded  Debt 

1  5 

Redemption  of  Preferred  Stock 

2.7 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

4.1 

Sub-Total 

26.5 

Increase  in  Working  Capital  ex.  Inventories'" 

5.1 

Total  Net  Uses  of  Funds 

21.4 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

6.7 
17.0 
33.4 
61.2 

118.3 

18.1 

24.5 

12.3 

1.1 

62.3 

72.5 

5.1 

9.8 
149.7 

14.9 
20.6 
31.8 
51.1 

118.4 

15.8 

20.0 

11.3 

1.0 

70.3 

.8 

69.8 

3.3 

9.4 

153.6 

12.5 
29.1 
24.4 
60.9 

126.9 

18.1 

25.4 

15.1 

1.1 

67.2 
2.8 

66.6 
5.9 
4.8 
9.7 

157.0 

14.8 
28.3 
26.3 
56.5 

125.9 

19.9 

16.5 

17.1 

1.4 

71.0 
5.2 

64.4 
9.2 
4.9 
9.5 

164.2 

13.8 
30.6 
24.2 
56.2 

124.8 

21.9 

11.5 

15.4 

1.3 

74.7 
6.3 

66.8 
8.6 
3.5 
9.8 

169.7 

15.5 
24.2 
27.9 
69.2 

136.8 

27.0 

16.9 

13.7 

1.5 

77.7 
6.2 

72.1 
9.5 
2.8 
9.6 

177.9 

11.4 
15.4 
34.3 
94.0 

155.1 

30.6 

25.8 

14.7 

1.7 

82.3 
5.9 

85.9 
9.8 
1.9 
9.7 

195.5 

12.2 
12.8 
38.1 
94.5 

157.6 

33.5 

17.4 

12.6 

1.6 

92.5 

4.8 

100.1 

11.1 

.6 

11.6 

220.7 

19.5 
13.9 
41.0 
96.5 

170.9 

35.8 

23.4 

13.1 

2.2 

96.4 

2.9 

107.1 

11.6 

.6 

11.0 

229.6 

13.1 

9.9 

52.8 

134.2 

210.0 

48.3 

38.6 

16.2 

2.0 

104.9 

1.3 

111.8 

12.2 

11.1 

241.3 

14.1 

Marketable  Securities 

10.4 

Current  Accounts  Receivable 

54.7 

143.0 

Total  Current  Assets 

222.2 

Current  Accounts  Payable 

40  4 

56  7 

14  3 

Accrued  Interest  and  Dividends  Payable 

2  0 

Net  Working  Capital 

108.8 

Refundable  Portion  of  Excess  Profits  Tax 

.1 

Plant   Property  and  Equipment  (Net)'" 

123.2 

Investment  in  Other  Companies  (Net)'8' 

11.4 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities'" 

Total 

11.9 
255.4 

Capital  and  Surplus 

Funded  Debt'10' 

24.8 
.2 
23.5 
56.7 
44.5 

149.7 

22.9 
.6 
23.5 
56.9 
49.7 

153.6 

20.8 
.4 
20.8 
56.6 
58.4 

157.0 

20.9 
.2 
22.1 
57.8 
63.2 

164.2 

18.0 
.5 

21.2 
58.6 
71.4 

169.7 

20.0 
.5 
21.1 
59.1 
77.2 

177.9 

27.2 
1.1 
20.8 
59.1 
87.3 

195.5 

29.8 

.5 

26.3 

61.4 

102.7 

220.7 

30.4 

1.9 

23.5 

61.6 

112.2 

229.6 

34.7 

5.8 

19.3 

61.5 

120.0 

241.3 

33.2 

Loans  from  Parent  Companies  and  Other  Sources  (Net) . . 
Preferred  Stock  Outstanding 

10.3 
22.5 

61.5 

127.9 

Total.  .            

255.4 

Note:  for  footnotes  see  page  189. 


191 


Millions  of  Dollars 


NOVEMBER  1952 


V— FINANCIAL  STATISTICS  :  14  BEVERAGE  COMPANIES*! 

Bank  of  Canada 
PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

14.5 
2.0 

.6 

.2 

12.9 
6.1 

6.8 

8.4 

1.6 

18.4 
2.2 

.5 

.1 

16.6 
8.7 

7.9 

4.8 

3.1 

18.4 
2.0 

.4 
.1 

16.7 
9.3 

7.4 

4.5 

2.9 

24.0 
2.0 

1.0 
.2 

22.8 
13.6 

9.2 

4.6 

4.6 

35.4 
2.1 

.6 
.3 

33.6 
21.6 

12.0 

5.5 

6.5 

47.0 
3.0 

1.0 
.4 

44.6 
24.2 

20.4 

7.3 

13.1 

39.6 
3.7 

1.0 

.5 

36.4 
16.5 

19.9 

9.8 

10.1 

38.1 
5.2 

1.2 

.8 

33.3 
13.1 

20.2 

18.2 

2.0 

34.3 
6.3 
1.1 
1.0 

28.1 

12.1 

16.0 

12.4 

3.6 

33.3 

6.7 

1.4 

.9 

27.1 
11.7 

15.4 

11.9 

3.5 

36.9 

Depreciation  ©) 

6.6 

Investment  ana1  Other  Non-Operating.  Income  .(Net) ..... 
Bond  Interest  (mcl.  Exchange  &  Amortization  of  Discount) 

Net  Profit  before  Income. &  E.  P.  Tax  Provision"* .. . ..... 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion) 

Net  Income  Paid  Out  in  Cash  Dividends 

1.1 
.9 

30.5 
16.0 

14.5 

10.5 

4.0 

SOURCE  AND  USE  OF  FUNDS") 

Net  Source  of  Funds 

6.8 
8.4 

1.6 

2.0 
.2 

.6 
.6 

7.9 

4.8 

3.1 

2.2 

.2 

5.5 
5.5 

7.4 
4.5 

2.9 

2.0 

.1 

5.0 
.3 

5.3 

9.2 

4.6 

4.6 

2.0 

.2 

6.8 
.1 

6.9 

12.0 
5.5 

6.5 
2.1 

8.6 
2.8 

11.4 

20.4 
7.3 

13.1 
3.0 

16.1 
5.4 

21.5 

19.9 
9.8 

10.1 

3.6 

.1 

13.8 
4.0 

17.8 

20.2 
18.2 

2.0 

5.1 

.1 

7.2 
7.2 

16.0 

12.4 

3.6 

6.2 

.1 

9.9 
9.9 

15.4 
11.9 

3.5 

6.5 

.2 

10.2 
10.2 

14  5 

Cash  Dividends 

10.5 

4  0 

6  5 

Other  Non-cash  Charges  Against  Current  Income0' (4). . . . 
Total  Funds  From  Current  Income 

.2 

10  7 

Issue  of  Common  Stock 

2  1 

Total  Net  Sources  of  Funds 

12.8 

Net  Use  of  Funds 
Investment  in  Plant,  Property  and  Equipment 

1.3 
2.9 

.8 

.6 
.1 
.9 

5.0 

4.4 

.6 

.6 
3.7 
.1 
.5 
.2 
.1 
1.0 

4.0 
1.5 

5.5 

.4 

.1 

.6 

1.2 

1.5 
1.1 

1.0 

1.5 
3.8 

5.3 

3.5 
1.7 
.3 
2.1 
1.7 
1.9 
2.7 

6.7 
.2 

6.9 

7.1 
3.4 
.2 
3.3 
6.9 
1.6 
6.2 

11.3 
.1 

11.4 

9.7 
5.2 
1.8 
1.0 
.6 
.1 
1.0 

19.2 
2.3 

21.5 

18.5 

13.5 

1.1 

7.2 

7.1 

18.8 
1.0 

17.8 

15.6 

8.7 

1.5 

.4 

10.9 

.3 

4.3 

10.5 
3.3 

7.2 

9.9 
1.7 

.5 
1.3 
1.5 

.2 
2.3 

14.8 
4.9 

9.9 

9.8 
3.6 
.5 
1.9 
2.2 

2.6 

11.6 
1.4 

10.2 

9.8 

Investment  in  Inventories 

2.0 

Investment  in  Other  Companies 

8.8 

Investment  in  Refundable  Excess  Profits  Tax 

2  6 

Redemption  of  Funded  Debt 

12  3 

Redemption  of  Preferred  Stock 

.6 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

1  0 

Sub-Total 

5.3 

Increase  in  Working  Capital  ex.  Inventories'" 

7.5 

Total  Net  Uses  of  Funds 

12.8 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

Cash 

Marketable  Securities 

Current  Accounts  Receivable 

Inventories*61 

Total  Current  Assets 

Current  Accounts  Payable 

Bank  Loans 

Accrued  Taxes  Payable 

Accrued  Interest  and  Dividends  Payable 

Net  Working  Capital 

Refundable  Portion  of  Excess  Profits  Tax 

Plant,  Property  and  Equipment  (Net)(7) 

Investment  in  Other  Companies  (Net)<8> 

Government  Account  (Net) 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities'"  .  . 

Total 

Capital  and  Surplus 

Funded  Debt<10> 

Loans  from  Parent  Companies  and  Other  Sources  (Net) 

Preferred  Stock  Outstanding 

Common  Stock  Outstanding 

Earned  Surplus  and  Surplus  Reserves"" 

Total 

Note:  for  footnotes  see  page  189. 


4.1 

7.7 

6.4 

17.4 

35.6 
3.4 
1.5 
5.7 
1.5 

23.5 

25.1 
2.4 

3.4 

54.4 


5.0 

7.9 

7.0 

21.1 

41.0 
3.9 
1.4 
6.9 


28.8 

.5 

23.8 

2.3 

3.2 

58.6 


6.4 
10.3 

6.0 
21.0 

43.7 

3.7 

.7 

6.8 


32.5 
1.6 

22.5 
1.8 

3.5 

61.9 


8.1 
14.6 

6.6 
22.7 

52.0 
4.8 
3.7 
9.1 


34.4 
3.8 

24.2 
2.1 

3.0 

67.5 


13.0 

12.8 

8.4 

26.1 

60.3 
6.3 
1.3 

14.6 
.2 

37.9 
7.4 

30.8 
2.4 

7.9 

86.4 


13.8 

13.9 

8.7 

31.3 

67.7 
7.0 
2.3 

12.3 
.2 

45.9 
8.3 

37.4 
4.2 

8.0 

103.8 


14.9 
15.0 
11.0 

44.7 

85.6 
9.5 
9.6 

11.5 
.5 

54.5 
7.5 

52.0 
5.5 

9.0 

128.5 


9.0 
23.3 

9.6 
53.4 

95.3 

10.3 

6.5 

9.6 

.7 

68.2 
6.9 

62.6 
5.3 

8.2 

151.2 


9.9 
18.9 
11.9 
55.1 

95.8 

11.1 

8.5 

9.3 

.7 

66.2 
5.4 

66.5 
5.7 

9.5 

153.3 


7.5 

14.4 
14.7 
58.7 

95.3 

9.0 

9.5 

8.1 

.6 

68.1 
3.6 

69.8 
6.1 

8.3 

155.9 


1.6 
1.1 

10.3 
24.9 
18.7 

54.4 


1.4 

.1 

10.2 

24.9 

22.0 

58.6 


3.0 
.6 

9.2 

25.2 
25.0 

61.9 


4.8 

1.9 

11.2 

25.3 

28.1 

67.5 


11.6 

2.4 

5.6 

35.3 

36.3 

86.4 


11.0 
2.8 

5.7 
40.7 
49.2 

103.8 


18.3 
5.1 

5.7 
44.7 
64.9 

128.5 


29.3 

1.3 

5.4 

44.7 

73.1 

151.2 


28.1 
2.4 
5.2 

44.7 

77.7 

153.3 


25.9 

7.0 
44.7 
78.3 

155.9 


NOVEMBER  1952 

V— FINANCIAL  STATISTICS  :  22  PRIMARY  TEXTILE  COMPANIES*! 

Bank  of  Canada 
Millions  of  Dollars  PROFIT  STATISTICS   :  SUMMARY  STATEMENT 


192 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation) Cl) 

Depreciation  '" 

28.7 

5.5 

1.1 

.6 

23.7 
16.7 

7.0 

4.4 

2.6 

28.3 

5.3 

1.1 

.5 

23.6 
15.7 

7.9 

4.5 

3.4 

16.8 

3.6 

1.2 

.5 

13.9 
7.5 

6.4 
4.4 

2.0 

18.8 

4.2 

1.2 

.6 

15.2 
7.3 

7.9 

4.5 

3.4 

17.5 
3.8 
1.3 

.7 

14.3 
7.2 

7.1 

4.5 

2.6 

16.8 

4.0 

1.3 

.7 

13.4 
6.3 

7.1 

5.7 

1.4 

22.9 

5.2 

1.2 

.7 

18.2 
7.9 

10.3 

6.4 

3.9 

37.7 

6.6 

1.4 

.8 

31.7 
10.7 

21.0 

6.8 

14.2 

32.1 
9.4 
1.5 

.8 

23.4 
8.8 

14.6 

7.4 

7.2 

45.4 
9.9 
1.5 

.7 

36.3 
17.1 

19.2 

8.9 

10.3 

28.5 
10  3 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision'" 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion)  . . 

Net  Income  to  Stockholders'" 

2.0 
1.1 

19.1 
9.2 

9  9 

Net  Income  Paid  Out  in  Cash  Dividends 

8  5 

Undistributed  Income'" 

1  4 

SOURCE  AND  USE  ( 

DF  FUNDS"' 

Net  Source  of  Funds 
Net  Income  to  Stockholders 

7.0 
4.4 

2.6 
5.5 

8.1 

8.1 

7.9 
4.5 

3.4 
5.3 

8.7 

8.7 

6.4 
4.4 

2.0 
3.6 

5.6 
.6 

6.2 

7.9 
4.5 

3.4 
4.2 

7.6 
.4 

8.0 

7.1 
4.5 

2.6 
3.8 

6.4 

6.4 

7.1 
5.7 

1.4 
4.0 

5.4 
.9 

6.3 

10.3 
6.4 

3.9 

5.2 

.1 

9.2 
1.7 

10.9 

21.0 
6.8 

14.2 

6.6 

.1 

20.9 
.1 

21.0 

14.6 
7.4 

7.2 

9.4 

.1 

16.7 
16.7 

19.2 
8.9 

10.3 
9.9 

20.2 

20.2 

9  9 

8.5 

1  4 

Undistributed  Profits 

10  3 

Other  Non-cash  Charges  Against  Current  Income"' <".... 
Total  Funds  From  Current  Income 

.1 
11  8 

Total  Net  Sources  of  Funds 

11.8 

Net  Use  of  Funds 

3.4 
3.5 

.4 

2.1 
.4 

9.0 
.9 

8.1 

2.4 
1.8 

.6 
1.7 

.5 

.6 

5.2 
3.5 

8.7 

1.4 
7.1 
.3 
.8 
.5 
.5 
.7 

3.5 

9.7 

6.2 

3.2 

1.7 
.2 
.7 
6.2 
1.3 
2.6 

.1 
7.9 

8.0 

3.3 

1.4 

.1 

.6 

.2 

2.4 

8.0 
1.6 

6.4 

10.3 

8.8 

2.8 

.1 

2.0 

.7 

20.7 
14.4 

6.3 

12.0 
3.4 
1.6 

3.9 
3.4 

.6 

9.1 
1.8 

10.9 

13.7 

5.0 

3.7 

1.1 

.9 

.2 

20.6 
.4 

21.0 

13.7 

4.0 

.2 

.6 

1.0 

.1 

18.0 
1.3 

16.7 

10.6 

11.9 

1.6 

.7 

.2 

.5 

1.0 

20.5 
.3 

20.2 

17.8 

16.6 

Investment  in  Other  Companies 

.7 

Investment  in  Refundable  Excess  Profits  Tax 

.6 

11.4 

Redemption  of  Preferred  Stock 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

.4 

Sub-Total 

23.5 

Increase  in  Working  Capital  ex.  Inventories'" 

11.7 

Total  Net  Uses  of  Funds 

11.8 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

7.1 
19.1 
14.2 
23.1 

63.5 
5.5 
3.0 

15.6 
.5 

38.9 

43.3 

4.0 

1.8 
88.0 

5.6 
23.8 
13.5 
24.9 

67.8 
5.0 
4.2 

14.3 
.4 

43.9 
1.7 

40.2 

3.4 

.4 

1.9 

90.7 

5.7 
27.5 
10.3 
17.8 

61.3 

6.0 

2.3 

5.9 

.3 

46.8 
2.4 

38.6 

3.1 

.7 

1.7 

91.9 

8.8 
29.3 
13.0 
16.2 

67.3 

5.2 

1.6 

6.9 

.5 

53.1 
2.7 

36.5 

3.2 

.1 

2.4 

97.8 

5.7 
35.1 
11.0 
17.5 

69.3 
6.5 
2.7 
6.2 

.4 

53.5 
3.2 

38.4 
3.3 

3.1 

101.5 

4.2 
24.0 
11.7 
26.3 

66.2 
8.8 
3.4 
4.4 
.8 

48.8 
3.2 

44.8 

6.1 

.5 

1.9 

105.3 

7.2 
23.6 
11.4 
29.7 

71.9 

8.7 

2.6 

5.7 

.4 

54.5 

3.2 

51.6 

7.7 

.1 

2.1 

119.2 

6.7 
24.3 
16.2 
34.8 

82.0 

11.7 

1.9 

8.6 

.4 

59.4 
1.9 

58.4 
11.7 

2.3 

133.7 

5.2 
24.6 
19.2 
38.7 

87.7 

11.2 

8.2 

5.8 

.4 

62.1 

1.3 

63.5 

11.5 

1.9 

140.3 

4.8 
26.1 
29.7 
50.6 

111.2 

12.0 

12.4 

12.9 

.4 

73.5 

.6 

64.0 

9.8 

1.6 

149.5 

3.9 

21.0 

24.4 

67.2 

116.5 

15.1 

15.1 

6.3 

Accrued  Interest  and  Dividends  Payable 

.4 

Net  Working  Capital.  .                

79.6 

Plant    Property  and  Equipment  (Net)'" 

71.3 

Investment  in  Other  Companies  (Net)'8' 

10.8 

.2 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities'9' 

Total 

2.5 
164.4 

Capital  and  Surplus 

Funded  Debt'10'  . .                  

10.9 

.4 
18.9 
34.8 
23.0 

88.0 

10.4 
.2 
18.9 
34.8 
26.4 

90.7 

8.7 

.1 

18.4 

35.4 

29.3 

91.9 

14.9 
.1 

17.1 
35.9 
29.8 

97.8 

14.8 
.1 
17.0 
36.0 
33.6 

101.5 

18.1 

17.0 
36.9 
33.3 

105.3 

22.3 
.2 
20.4 
38.7 
37.6 

119.2 

23.2 
.4 
20.4 
38.8 
50.9 

133.7 

22.2 

20.4 
38.8 
58.9 

140.3 

22.4 
.6 
21.0 
38.8 
67.9 

149.5 

34.1 

Loans  from  Parent  Companies  and  Other  Sources  (Net) .  . 

.2 

20.9 

38.8 

70.4 

Total                          

164.4 

Note:  for  footnotes  see  page  189. 


193  NOVEMBER  1952 

V— FINANCIAL  STATISTICS  :  18  PULP  AND  PAPER  PRODUCTS  COMPANIES*! 

Bank  of  Canada 
Millions  of  Dollars  PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation) (I) 

59.8 

22.4 

1.2 

10.2 

28.4 
16.6 

11.8 

4.7 

7.1 

51.2 

22.9 

1.3 

9.6 

20.0 
10.5 

9.5 

4.0 

5.5 

52.2 

23.2 

1.4 

9.3 

21.1 
12.1 

9.0 

3.6 

5.4 

54.9 

22.2 

1.2 

8.9 

25.0 
13.9 

11.1 

6.0 

5.1 

53.1 

21.8 

1.6 

8.3 

24.6 
12.3 

12.3 

6.3 

6.0 

90.3 
23.7 

1.5 
7.1 

61.0 
33.2 

27.8 

14.2 

13.6 

116.0 

24.0 

1.0 

5.0 

88.0 
45.9 

42.1 

17.1 

25.0 

130.1 

25.9 

1.3 

5.0 

100.5 
39.6 

60.9 

22.2 

38.7 

126.4 

28.9 

1.7 

4.9 

94.3 
39.1 

55.2 

28.9 

26.3 

164.9 

31.1 

3.3 

4.7 

132.4 
57.4 

75.0 

39.6 

35.4 

201  4 

Depreciation  «) 

33.8 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion). . 
Net  Income  to  Stockholders*1' 

2.9 
4.5 

166.0 
94.3 

71.7 

Net  Income  Paid  Out  in  Cash  Dividends 

35.4 

Undistributed  Income'1' 

36.3 

SOURCE  AND  USE  OF  FUNDS") 

Net  Source  of  Funds 
Net  Income  to  Stockholders 

11.8 
4.7 

7.1 

20.6 
2.2 

29.9 
29.9 

9.5 
4.0 

5.5 

21.2 

2.0 

28.7 
28.7 

9.0 
3.6 

5.4 

21.6 

1.8 

28.8 
28.8 

11.1 
6.0 

5.1 

20.6 
2.0 

27.7 
.5 

28.2 

12.3 
6.3 

6.0 

19.9 

2.2 

28.1 
28.1 

27.8 
14.2 

13.6 

21.6 

2.2 

37.4 
4.0 

41.4 

42.1 
17.1 

25.0 

22.0 

2.0 

49.0 
49.0 

60.9 
22.2 

38.7 

23.8 

2.1 

64.6 
.8 

65.4 

55.2 
28.9 

26.3 

27.1 

1.8 

55.2 
.1 

55.3 

75.0 
39.6 

35.4 

29.3 

1.8 

66.5 
.1 

66.6 

71.7 

Cash  Dividends 

35.4 

Undistributed  Profits 

36.3 

Depreciation  Charges 

31  7 

Other  Non-cash  Charges  Against  Current  Income  <2>  M>. . .  . 
Total  Funds  From  Current  Income 

2.2 
70  2 

Issue  of  Common  Stock 

6.4 

Total  Net  Sources  of  Funds 

76.6 

Net  Use  of  Funds 

7.7 

3.4 

.7 

9.2 

1.6 

22.6 
7.3 

29.9 

7.8 

6.0 

.6 

.3 

5.8 

7.1 

12.2 
16.5 

28.7 

4.8 
5.5 
1.2 

.8 
3.5 

.5 
4.8 

1.9 
30.7 

28.8 

7.5 

5.8 

.1 

1.3 

8.4 

.1 

.9 

22.1 
6.1 

28.2 

13.8 

11.4 
.6 

.7 
6.7 

4.2 

37.4 
9.3 

28.1 

26.7 

18.9 

.5 

.1 

22.0 

.7 

7.1 

76.0 
34.6 

41.4 

33.2 

36.4 

1.1 

.3 
3.5 

74.5 
25.5 

49.0 

39.7 
25.3 
2.4 
.3 
1.1 
5.0 
3.1 

57.9 
7.5 

65.4 

25.3 

21.8 

.3 

.6 

8.7 

1.3 

2.1 

15.3 
40.0 

55.3 

29.3 

11.0 

4.3 

.7 

6.1 

8.2 

.2 

36.4 
30.2 

66.6 

59  1 

Investment  in  Inventories 

58  4 

Investment  in  Other  Companies 

3  9 

Investment  in  Refundable  Excess  Profits  Tax 

.4 

Redemption  of  Funded  Debt 

9.8 

Redemption  of  Preferred  Stock 

12  7 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

9 

Sub-Total 

124  8 

Increase  in  Working  Capital  ex.  Inventories'" 

48.2 

Total  Net  Uses  of  Funds 

76.6 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

Cash 

Marketable  Securities 

Current  Accounts  Receivable 

Inventories'6' 

Total  Current  Assets 

Current  Accounts  Payable 

Bank  Loans 

Accrued  Taxes  Payable 

Accrued  Interest  and  Dividends  Payable 

Net  Working  Capital 

Refundable  Portion  of  Excess  Profits  Tax 

Plant,  Property  and  Equipment  (Net)(7) 

Investment  in  Other  Companies  (Net)<8) 

Government  Account  (Net) 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities"* 

Total 

Capital  and  Surplus 

Funded  Debt'10' 

Loans  from  Parent  and  Other  Companies  (Net) 

Preferred  Stock  Outstanding 

Common  Stock  Outstanding 

Earned  Surplus  and  Surplus  Reserves'1" 

Total 


23.6 

6.7 

27.9 

63.1 

121.3 

18.6 

1.7 

18.6 

2.8 

79.6 

294.5 
6.8 

8.2 

389.1 


17.6 
24.4 
26.3 
69.2 

137.5 

16.7 

5.8 

9.8 

2.8 

102.4 

.3 

280.1 

6.8 

6.0 

395.6 


21.4 
47.0 
30.1 
63.7 

162.2 

16.8 

1.7 

14.2 

2.7 

126.8 
1.2 

261.9 
5.7 

5.6 

401.2 


28.3 
51.8 
28.7 
69.4 

178.2 

19.9 

1.2 

14.5 

2.8 

139.8 
2.6 

247.7 
5.7 

4.8 

400.6 


12.5 
58.8 
29.4 
80.8 

181.5 

21.7 

3.8 

10.0 

2.7 

143.3 
2.9 

240.6 
6.4 

6.1 

399.3 


20.9 
25.0 
37.3 
99.7 

182.9 
26.1 

2.3 
22.9 

3.5 

128.1 
2.9 

244.8 

6.0 

.2 

5.0 

386.6 


16.9 

18.5 

46.7 

136.1 


5.2 


413.3 


29.0 

16.1 

50.8 

161.4 

257.3 

36.0 

1.6 

27.9 

10.2 

181.6 

1.7 

270.9 

10.0 

5.4 

469.6 


199.1 

1.2 

268.0 

10.3 

5.5 

484.1 


35.0 

84.7 

60.5 

128.7 

308.9 

40.3 

.2 

38.7 

10.4 

219.3 

.4 

267.8 

14.8 

6.5 

508.8 


389.1 


157.8 
15.4 
58.8 
87.3 
76.3 

395.6 


153.6 
19.1 
58.3 
87.3 
82.9 

401.2 


144.8 
20.5 
58.1 
87.8 
89.4 

400.6 


138.6 
23.7 
58.1 
87.8 
91.1 

399.3 


123.8 

1.5 

58.5 

91.9 

113.9 

386.6 


123.9 

.6 

57.0 

93.1 

139.9 

413.3 


125.2 

.4 

61.9 

93.9 

188.2 

469.6 


116.6 

.4 

60.7 

94.0 

213.2 

484.1 


110.8 

.5 

58.6 

94.1 

245.8 

508.8 


Note:  for  footnotes  see  page  189. 


NOVEMBER  1952 

V— FINANCIAL  STATISTICS  :  45  IRON,  STEEL  &  PRODUCTS  COMPANIES*! 

Bank  of  Canada 
Millions  of  Dollars  PROFIT  STATISTICS   :  SUMMARY  STATEMENT 


194 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation) l,) 

42.7 

12.7 

.9 

.3 

30.6 
16.9 

13.7 

7.7 

6.0 

57.1 

20.0 

.7 

.3 

37.5 
22.6 

14.9 

8.2 

6.7 

52.1 

16.7 

.9 

.3 

36.0 
20.8 

15.2 

6.7 

8.5 

39.2 

10.3 

.9 

.2 

29.6 
15.9 

13.7 

5.7 

8.0 

31.2 

7.0 

1.2 

.1 

25.3 

12.8 

12.5 

5.8 

6.7 

30.4 

5.7 

2.6 

.1 

27.2 
12.6 

14.6 

12.2 

2.4 

45.0 

8.0 

2.0 

.5 

38.5 
17.9 

20.6 

12.0 

8.6 

60.3 

10.1 

1.6 

.8 

51.0 
19.7 

31.3 

13.0 

18.3 

67.9 

13.7 

2.4 

.9 

55.7 
22.0 

33.7 

17.4 

16.3 

85.7 

15.9 

3.3 

1.1 

72.0 
30.4 

41.6 

28.5 

13.1 

113.9 
24  3 

Depreciation  «> 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion). . 
Net  Income  to  Stockholders'" 

2.7 
1.6 

90.7 
48.3 

42  4 

Net  Income  Paid  Out  in  Cash  Dividends 

19.7 

22  7 

SOURCE  AND  USE  OF  FUNDS") 

Net  Source  of  Funds 

Net  Income  to  Stockholders 

13.7 

7.7 

6.0 
12.7 

18.7 
2.7 

21.4 

14.9 
8.2 

6.7 
20.0 

26.7 
.1 

26.8 

15.2 
6.7 

8.5 
16.3 

.4 

25.2 
1.8 

27.0 

13.7 
5.7 

8.0 
10.3 

18.3 
2.0 

20.3 

12.5 
5.8 

6.7 
7.0 

13.7 
1.2 

14.9 

14.6 
12.2 

2.4 
5.7 

8.1 

8.1 

20.6 
12.0 

8.6 
8.0 

16.6 
1.0 

17.6 

31.3 
13.0 

18.3 
10.1 

28.4 
1.8 

30.2 

33.7 

17.4 

16.3 
13.7 

30.0 
.1 

30.1 

41.6 
28.5 

13.1 
15.9 

29.0 
.6 

29.6 

42  4 

Cash  Dividends 

19.7 

22  7 

24  3 

Other  Non-cash  Charges  Against  Current  Income <2)  <*>.... 
Total  Funds  From  Current  Income 

47.0 

3.2 

Total  Net  Sources  of  Funds 

50.2 

Net  Use  of  Funds 

18.6 

9.2 

.3 

.3 

5.8 

22.0 
.6 

21.4 

13.6 

3.8 

.5 

2.3 

.8 

.1 

1.4 

19.7 
7.1 

26.8 

6.5 
1.2 
1.4 
3.2 

1.3 
.6 

9.0 
18.0 

27.0 

9.6 
8.9 

1.8 
3.3 

3.5 

9.3 
11.0 

20.3 

14.1 

3.1 

.4 

1.1 

.3 

.6 

5.5 

25.1 
10.2 

14.9 

14.7 

7.6 

.2 

.1 

1.4 

.1 

2.1 

19.0 
10.9 

8.1 

22.2 

17.6 

3.2 

24.3 

.4 

2.1 

17.0 
.6 

17.6 

23.0 

14.0 

.4 

1.5 

4.1 

.7 

31.7 
1.5 

30.2 

17.9 
.9 
.8 
2.7 
.4 
.1 
2.0 

19.4 
10.7 

30.1 

15.4 
7.4 
3.3 
.9 
8.4 
7.7 
1.4 

10.5 
19.1 

29.6 

49.1 

41.4 

Investment  in  Other  Companies 

2.1 

Investment  in  Refundable  Excess  Profits  Tax 

.3 

21.4 

.6 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

.6 

70.9 

Increase  in  Working  Capital  ex.  Inventories'" 

20.7 

Total  Net  Uses  of  Funds 

50.2 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

16.8 
13.8 
30.1 
56.7 

117.4 

23.0 

2.6 

18.2 

1.7 

71.9 

77.8 

10.9 

8.2 

2.0 

154.4 

16.9 

27.8 
32.0 
60.5 

137.2 

28.7 

2.5 

21.5 

1.4 

83.1 

2.2 

71.4 

11.6 

8.9 

1.5 

160.9 

18.0 
35.4 
27.8 
59.3 

140.5 

22.2 

1.8 

15.3 

1.2 

100.0 

5.4 

60.8 

9.9 

6.6 

.9 

170.4 

20.1 
42.5 
24.1 
50.4 

137.1 
21.0 

1.6 
10.8 

1.1 

102.6 
7.1 
61.1 
9.9 
5.5 
2.3 

177.5 

15.5 
36.2 
21.9 
53.5 

127.1 

20.9 

1.2 

8.3 

1.2 

95.5 

7.1 

68.5 

10.3 

.5 

3.3 

185.2 

17.5 
22.2 
25.1 
61.1 

125.9 
20.2 

1.4 
10.1 

1.1 

93.1 

7.1 

79.2 

10.5 

1.8 

2.1 

190.2 

15.9 
27.0 
38.4 
78.6 

159.9 

28.5 

4.2 

14.1 

1.6 

111.5 

6.9 

92.9 

13.8 

1.7 

2.2 

225.6 

22.4 
20.1 
45.1 
92.7 

180.3 

32.5 

1.3 

15.2 

2.4 

128.9 
4.0 

105.8 

13.3 

1.4 

2.5 

253.1 

26.3 
24.6 
42.9 
93.6 

187.4 

26.6 

1.2 

16.0 

2.5 

141.1 

1.2 

110.0 

14.4 

.6 

2.7 

268.8 

22.1 

52.6 

55.3 

100.9 

230.9 

37.1 

1.3 

21.7 

3.3 

167.5 

.3 

109.7 

17.7 

.6 

4.0 

298.6 

18.6 

56.8 

67.0 

142.4 

284.8 

52.8 

10.8 

29.5 

3.3 

188.4 

- 

Plant   Property  and  Equipment  (Net)'" 

135.0 

19.8 

- 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities'" 

Total.                

3.8 
347.0 

Capital  and  Surplus 

Funded  Debt'10'                       

6.6 

1.5 

17.0 

74.2 

55.1 

154.4 

5.8 
1.7 

16.9 
74.4 
62.1 

160.9 

5.8 

2.9 

15.6 

76.3 

69.8 

170.4 

2.8 

2.9 

15.8 

78.5 

77.5 

177.5 

2.5 

3.5 

15.0 

79.6 

84.6 

185.2 

4.0 

2.5 

15.0 

79.7 

89.0 

190.2 

28.3 
5.0 
14.6 
80.9 
96.8 

225.6 

32.4 

1.1 

14.6 

82.6 

122.4 

253.1 

32.0 

.1 

14.5 

82.6 

139.6 

268.8 

40.7 
.1 

23.4 

83.2 

151.4 

298.6 

62.6 

1.5 

23.4 

86.4 

173.1 

Total                           

347.0 

Note:  for  footnotes  see  page  189. 


195 

V— FINANCIAL  STATISTICS  :  47  MACHINERY  COMPANIES*!  (EXCL. 

Bank  of  Canada 
Millions  of  Dollars  PROFIT  STATISTICS   :  SUMMARY  STATEMENT 


NOVEMBER  1952 
ELECTRICAL) 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation)'" 

57.3 

14.2 

1.8 

.8 

44.1 
26.5 

17.6 

7.5 

10.1 

77.4 

18.2 

2.2 

.8 

60.6 
38.9 

21.7 

8.0 

13.7 

75.3 
17.2 

2.5 

.9 

59.7 
40.5 

19.2 

8.2 

11.0 

54.7 

9.6 

2.8 

.6 

47.3 
29.3 

18.0 

6.5 

11.5 

46.6 

7.8 

2.8 

.6 

41.0 
23.9 

17.1 

6.6 

10.5 

36.5 

7.1 

3.0 

.5 

31.9 
15.8 

16.1 

16.2 

.1 

62.9 

7.9 

4.3 

.6 

58.7 
27.0 

31.7 

14.7 

17.0 

84.1 

9.7 

4.2 

.8 

77.8 
31.2 

46.6 

16.9 

29.7 

113.5 

12.9 

3.7 

1.3 

103.0 
42.7 

60.3 

20.3 

40.0 

121.7 

13.7 

6.3 

1.5 

112.8 
49.1 

63.7 

24.6 

39.1 

125  3 

Depreciation  «)        

15.0 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion)  . . 

7.6 
1.9 

116.0 
59.7 

56.3 

Net  Income  Paid  Out  in  Cash  Dividends 

23.6 

32.7 

SOURCE  AND  USE    OF  FUNDS") 


Net  Source  of  Funds 

Net  Income  to  Stockholders 

Cash  Dividends 

Undistributed  Profits 

Depreciation  Charges 

Other  Non-cash  Charges  Against  Current  Income0' <4). 

Total  Funds  From  Current  Income 

Issue  of  Common  Stock 

Total  Net  Sources  of  Funds 

Net  Use  of  Funds 

Investment  in  Plant,  Property  and  Equipment 

Investment  in  Inventories 

Investment  in  Other  Companies 

Investment  in  Refundable  Excess  Profits  Tax 

Redemption  of  Funded  Debt 

Redemption  of  Preferred  Stock 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

Sub-Total 

Increase  in  Working  Capital  ex.  Inventories'5' 

Total  Net  Uses  of  Funds 


17.6 
7.5 

10.1 
14.2 


24.3 
.2 

24.5 


16.3 

31.0 

3.5 


.2 
5.2 

46.4 
21.9 

24.5 


21.7 
8.0 

13.7 
18.2 


31.9 


31.9 


14.3 
8.3 
7.4 
3.3 
.9 
.1 
8.1 

5.2 
37.1 

31.9 


19.2 
8.2 


11.0 
17.2 


12.1 
9.4 
2.7 
6.7 
1.2 
1.5 
1.8 


26.4 
1.8 

28.2 


18.0 
6.5 

11.5 
9.6 


6.1 

10.4 

.1 

3.7 

1.3 

10.4 

11.0 
10.1 

21.1 


17.1 
6.6 

10.5 
7.8 


18.3 


18.3 


11.3 
2.4 
1.6 
2.6 
4.3 
1.8 

10.3 

17.7 
.6 

18.3 


16.1 
16.2 

.1 

7.1 


7.0 
.5 

7.5 


15.3 

21.1 

7.3 

1.4 
1.5 
8.2 

38.4 
30.9 

7.5 


31.7 
14.7 


17.0 

7.8 

.1 

24.9 
.5 

25.4 


19.3 

39.1 

1.7 

4.9 

.4 

4.1 

56.3 
30.9 

25.4 


46.6 
16.9 

29.7 

9.6 

.1 

39.4 
1.7 

41.1 


20.1 

22.8 

6.6 

2.3 

15.3 

.2 

9.6 

22.5 
18.6 

41.1 


60.3 
20.3 


40.0 

12.8 

.1 


52.9 
.4 


53.3 


18.1 
9.4 

10.2 
3.6 
1.4 
2.5 
4.4 

.4 
52.9 

53.3 


63.7 
24.6 

39.1 
13.7 


52.8 
1.2 


54.0 


23.3 
10.6 
1.4 
2.9 
14.3 
8.5 
2.4 

21.4 
32.6 

54.0 


YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

Cash 

Marketable  Securities 

Current  Accounts  Receivable 

Inventories'6' 

Total  Current  Assets 

Current  Accounts  Payable 

Bank  Loans 

Accrued  Taxes  Payable 

Accrued  Interest  and  Dividends  Payable 

Net  Working  Capital 

Refundable  Portion  of  Excess  Profits  Tax 

Plant,  Property  and  Equipment  (Net)'7' 

Investment  in  Other  Companies  (Net)'8' 

Government  Account  (Net) 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities'" 

Total 

Capital  and  Surplus 

Funded  Debt'10' 

Loans  from  Parent  Companies  and  Other  Sources  (Net) .  . 

Preferred  Stock  Outstanding 

Common  Stock  Outstanding 

Earned  Surplus  and  Surplus  Reserves'11' 

Total 


24.5 

5.6 

76.4 

105.5 

212.0 
51.3 
17.2 
30.0 
1.2 

112.3 

77.3 

28.6 

.2 

1.4 

216.6 


17.0 
3.1 
30.9 
76.6 
89.0 

216.6 


41.0 
39.6 
77.3 
97.3 

255.2 

60.3 

12.7 

35.8 

.9 

145.5 

3.3 

73.3 

21.2 

7.7 

2.5 

233.1 


16.1 

1.9 

30.9 

76.6 

107.6 

233.1 


35.8 

55.4 

74.5 

106.7 

272.4 

63.3 

13.8 

36.6 

1.0 

157.7 

9.7 

68.1 

19.2 

12.6 

.9 

241.2 


14.9 

2.0 

30.0 

77.0 

117.3 

241.2 


36.1 
55.4 
56.6 
96.3 

244.4 
56.6 

6.8 
21.3 

1.1 

158.6 

12.8 

64.6 

19.1 

1.5 

1.9 

251.7 


13.6 

1.4 

29.9 

77.5 

129.3 

251.7 


46.2 
46.0 
49.8 
93.9 

235.9 

46.7 

8.1 

17.4 

.9 

162.8 

13.0 

69.4 

16.9 

5.7 

.3 

268.1 


17.8 

1.8 

28.5 

77.7 

142.3 

268.1 


26.8 

38.5 

43.0 

115.0 

223.3 
45.1 
11.3 
12.1 


154.0 

12.4 

77.9 

24.6 

1.6 

.4 

266.9 


16.8 

3.2 

22.0 

84.6 

140.3 

266.9 


35.5 

29.1 

44.3 

154.1 

263.0 

57.0 

16.1 

22.9 

1.6 

165.4 
11.2 
89.4 
23.3 
2.7 
5.2 

291.8 


21.8 

3.1 

21.0 

85.8 

160.1 

291.8 


43.0 

23.9 

57.8 

176.9 

301.6 

59.3 

11.3 

21.8 

1.5 

207.7 
8.8 

100.1 

29.9 

1.7 

8.3 

336.5 


37.7 

1.9 

18.9 

89.5 

188.5 

336.5 


67.6 

54.3 

57.9 

160.5 

340.3 

54.9 

10.9 

26.4 

3.7 

244.4 
4.6 

105.1 

28.3 

1.1 

3.9 

377.4 


37.5 

4.1 

16.6 

89.9 

229.3 

377.4 


69.6 

82.8 

96.2 

171.1 

419.7 
77.7 
12.3 
36.9 

7.4 

285.4 

1.7 

114.4 

30.7 

.7 

6.9 

424.6 


52.7 

6.1 

13.0 

93.8 

259.0 

424.6 


Note:  for  footnotes  see  page  189. 


NOVEMBER  1952 


196 


V— FINANCIAL  STATISTICS  :  26  ELECTRICAL  MACHINERY  &  EQUIPMENT  COMPANIES*t 

Bank  of  Canada 
Millions  of  Dollars  PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Depreciation^) 

26.8 

4.7 

1.0 

.1 

23.0 
14.4 

8.6 

4.1 

4.5 

30.6 

6.3 

1.5 

.1 

25.7 
15.8 

9.9 

4.8 

5.1 

25.9 

5.9 

1.0 

.1 

20.9 
12.4 

8.5 

4.3 

4.2 

23.1 

3.4 

1.2 

.1 

20.8 
11.3 

9.5 

4.2 

5.3 

16.5 
3.1 

1.5 
.1 

14.8 
7.1 

7.7 

4.2 

3.5 

12.9 

3.8 

3.0 

.1 

12.0 
4.9 

7.1 

7.5 

.4 

28.7 

5.1 

1.9 

.4 

25.1 
11.9 

13.2 

6.8 

6.4 

35.1 

7.1 

.6 

.6 

28.0 
10.9 

17.1 

4.7 

12.4 

39.8 

10.1 

4.3 

.6 

33.4 
11.7 

21.7 

12.3 

9.4 

51.8 

10.2 

3.8 

.6 

44.8 
18.0 

26.8 
12.3 

14.5 

56.4 

11.2 

2.6 

.5 

47.3 
24.3 

23.0 

9.1 

13.9 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision*1' 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion) . . 

Net  Income  to  Stockholders*1' 

Net  Income  Paid  Out  in  Cash  Dividends 

SOURCE  AND  USE  OF  FUNDS  <» 

Net  Source  of  Funds 

8.6 
4.1 

4.5 

4.7 

9.2 
9.2 

9.9 

4.8 

5.1 
6.3 

11.4 

11.4 

8.5 
4.3 

4.2 
5.9 

10.1 

10.1 

9.5 
4.2 

5.3 

3.4 

8.7 
.1 

8.6 

7.7 
4.2 

3.5 
3.1 

6.6 
1.1 

7.7 

7.1 
7.5 

.4 
3.8 

3.4 

3.4 

13.2 
6.8 

6.4 
5.1 

11.5 
.1 

11.6 

17.1 

4.7 

12.4 
7.1 

19.5 
1.0 

20.5 

21.7 
12.3 

9.4 
10.1 

19.5 

19.5 

26.8 
12.3 

14.5 
10.2 

24.7 
.1 

24.8 

23.0 
9.1 

13.9 
11  2 

Cash  Dividends 

Depreciation  Charges 

Other  Non-cash  Charges  Against  Current  Income*2'*4'. . . . 
Total  Funds  From  Current  Income 

25  1 

Issue  of  Common  Stock 

Total  Net  Sources  of  Funds 

25.1 

Net  Use  of  Funds 

Investment  in  Plant,  Property  and  Equipment 

6.0 

11.6 

.1 

1.3 
.2 
.3 

16.5 
7.3 

9.2 

5.0 
7.5 

.4 
1.5 

.2 

5.1 

8.7 
2.7 

11.4 

2.9 
8.9 

.9 
1.9 

.2 

3.1 

16.1 
6.0 

10.1 

2.4 
5.0 

.6 
1.6 

.2 

1.5 

.1 
8.5 

8.6 

7.5 

2.8 

.4 

.7 

.2 

5.2 

5.2 
2.5 

7.7 

9.4 

14.4 

1.1 

.1 

.1 

.1 

25.0 
21.6 

3.4 

13.7 

19.3 

2.6 

16.1 

8.5 

5.8 

5.8 

11.6 

17.8 

1.8 

.8 

1.0 

.6 

.1 

7.7 

9.6 
10.9 

20.5 

11.7 
1.2 
1.0 
1.5 
1.4 
.6 
1.2 

10.8 
8.7 

19.5 

10.1 

22.8 

2.5 

.7 

2.4 

.1 

2.3 

39.5 
14.7 

24.8 

20.5 

62.7 

5.6 

4 

Investment  in  Inventories 

Investment  in  Other  Companies 

Investment  in  Refundable  Excess  Profits  Tax 

Redemption  of  Funded  Debt 

1.9 
1.3 

11  0 

Redemption  of  Preferred  Stock 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

Sub-Total 

69.4 
44  3 

Increase  in  Working  Capital  ex.  Inventories*6' 

Total  Net  Uses  of  Funds 

25.1 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

11.0 
18.2 
31.5 
38.6 

99.3 

13.1 

2.0 

16.0 

.6 

67.6 

32.0 
9.1 

5.6 
103.1 

11.2 

19.7 
34.8 
46.1 

111.8 

20.4 

1.4 

11.9 

.8 

77.3 
1.6 

30.2 
8.8 

10.4 
107.5 

12.5 
20.1 
32.5 
55.0 

120.1 

28.3 

2.2 

9.3 

.6 

79.7 
3.6 

27.2 
7.9 
2.9 

10.1 

111.2 

17.9 
26.5 
25.0 
50.0 

119.4 

25.3 

.6 

9.6 

.6 

83.3 
5.3 

25.4 
7.3 
2.1 
7.8 

115.6 

18.8 
24.2 
21.3 
52.8 

117.1 

22.2 

1.4 

5.0 

.6 

87.9 
4.7 

29.8 

7.4 

.8 

10.2 

118.8 

8.9 
13.4 
27.2 
67.2 

116.7 

24.8 

4.1 

6.0 

.5 

81.3 
4.4 

35.2 
8.4 
1.9 
8.8 

118.6 

11.7 

7.7 

43.5 

86.5 

149.4 

23.3 

10.3 

12.6 

.5 

102.7 
5.2 

42.6 
6.9 
1.9 

12.4 

143.1 

13.8 

9.8 

53.9 

88.3 

165.8 

26.1 

10.5 

9.5 

.5 

119.2 

3.3 

53.7 

6.1 

1.2 

20.7 

160.4 

15.4 
13.2 
50.9 
87.1 

166.6 

27.2 

3.0 

8.4 

1.2 

126.8 

1.8 

55.2 

7.1 

.4 

23.1 

167.4 

11.3 

12.9 

63.3 

109.9 

197.4 

41.9 

4.0 

15.3 

1.6 

134.6 

1.1 

53.9 

9.7 

.9 

22.7 

177.5 

5.9 

Marketable  Securities 

2  4 

Current  Accounts  Receivable 

70  4 

Inventories'6' 

172  6 

Total  Current  Assets 

251.3 

54.9 

24.0 

17.9 

1.6 

152.9 

.7 

Accrued  Taxes  Payable 

Accrued  Interest  and  Dividends  Payable 

Net  Working  Capital 
Refundable  Portion  of  Excess  Profits  Tax 

Plant   Property  and  Equipment  (Net)<7) 

63.3 

Investment  in  Other  Companies  (Net)*8' 

6.7 

Government  Account  (Net) 

2.0 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities*9' 

Total 

33.8 
191.8 

Capital  and  Surplus 

Funded  Debt"0' 

3.1 
1.1 
2.3 

48.2 
48.4 

103.1 

2.8 

1.1 

2.3 

48.2 

53.1 

107.5 

2.5 

1.7 

2.3 

48.4 

56.3 

111.2 

2.3 

1.6 

2.3 

49.3 

60.1 

115.6 

2.5 
.7 

2.3 
50.4 
62.9 

118.8 

2.6 
.9 

2.3 
50.5 
62.3 

118.6 

18.8 
1.0 
2.3 

50.5 
70.5 

143.1 

19.5 

.9 

2.2 

52.0 

85.8 

160.4 

18.0 

1.0 

2.4 

52.0 

94.0 

167.4 

15.6 

.3 

3.5 

52.1 

106.0 

177.5 

13.7 

Loans  from  Parent  Companies  and  Other  Sources  (Net) . . 
Preferred  Stock  Outstanding 

2.3 
2.2 

Common  Stock  Outstanding 

52.1 

Earned  Surplus  and  Surplus  Reserves"" 

121.5 

Total 

191.8 

Note:  for  footnotes  see  page  189. 


197 


NOVEMBER  1952 


Millions  of  Dollars 


V— FINANCIAL  STATISTICS  :  35  GOLD  MINING  COMPANIES'^ 

Bank  of  Canada 
PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Emergency  Gold  Mining  Assistance. .        

52.6 

7.2 

4.5 

.1 

49.8 
14.0 

35.8 

34.1 

1.7 

42.4 

6.9 

4.3 

.1 

39.7 
11.3 

28.4 

25.9 

2.5 

32.0 
4.8 
3.8 

31.0 
8.7 

22.3 

21.5 

.8 

23.1 
3.2 
3.4 

23.3 
6.3 

17.0 

18.4 

1.4 

19.6 
3.0 
3.7 

20.3 
5.7 

14.6 

16.0 

1.4 

15.0 

2.7 
3.4 

15.7 
4.1 

11.6 

13.4 

1.8 

12.0 

2.6 
3.0 

12.4 
2.3 

10.1 

11.6 

1.5 

4.8 
9.6 
3.2 
3.3 

14.5 
2.6 

11.9 

10.3 

1.6 

5.4 

13.7 

3.5 

4.0 

19.6 
3.3 

16.3 

12.7 

3.6 

4.4 

13.8 

3.0 

5.6 

20.8 
3.6 

17.2 

13.6 

3.6 

6.6 

Net  Operating  Profit  (Before  Depreciation)'1' 

8.6 

3  0 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision'" 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion)  •  • 

Net  Income  to  Stockholders1" 

5.8 

18.0 
3.3 

14.7 

12  7 

2.0 

SOURCE  AND  USE  OF  FUNDS'" 


Net  Source  of  Funds 

35.8 
34.1 

1.7 
5.4 
1.8 

8.9 
.3 

9.2 

28.4 
25.9 

2.5 
5.3 
1.6 

9.4 
.1 

9.5 

22.3 
21.5 

.8 
4.1 

.7 

5.6 
5.6 

17.0 
18.4 

1.4 

2.7 
.5 

1.8 
1.8 

14.6 
16.0 

1.4 

2.4 
.6 

1.6 
.3 

1.9 

11.6 
13.4 

1.8 

2.0 

.8 

1.0 
1.1 

2.1 

10.1 
11.6 

1.5 

1.7 

.9 

1.1 
1.1 

11.9 
10.3 

1.6 

1.8 
1.4 

4.8 

.4 

5.2 

16.3 
12.7 

3.6 
2.8 

.7 

7.1 
7.1 

17.2 
13.6 

3.6 

2.4 

.6 

6.6 
6.6 

14.7 

12  7 

2.0 

2.3 

Other  Non-cash  Charges  Against  Current  Income (2)  <4) . . . . 
Total  Funds  From  Current  Income 

.7 
5.0 

Total  Net  Sources  of  Funds 

5.0 

Net  use  of  Funds 

5.3 

1.3 

.6 

.2 

1.3 

8.7 
.5 

9.2 

1.2 

1.0 

1.2 

.1 

.2 

.8 

2.5 
7.0 

9.5 

.3 
2.2 
1.4 

.2 

.3 

5.6 
5.6 

.7 

1.6 

.9 

.2 

.1 

1.7 
3.5 

1.8 

1.1 
.1 
.4 

.2 

.9 

2.7 
.8 

1.9 

2.3 
7.1 
3.2 

1.8 

14.4 
12.3 

2.1 

2.5 
1.4 
3.4 

.2 
2.3 

9.4 
8.3 

1.1 

2.6 
.8 
.4 
.1 

2.4 

6.1 

.9 

5.2 

2.7 
2.3 
2.2 

1.2 

3.8 
3.3 

7.1 

2.4 

2.7 
.9 

.6 

6.6 
6.6 

2  9 

1  2 

3  1 

6 

7  8 

Increase  in  Working  Capital  ex.  Inventories'5' 

2.8 

Total  Net  uses  °f  Funds 

5.0 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

22.0 

47.3 

.9 

16.0 

86.2 
4.6 

14.0 
3.7 

63.9 

87.6 

13.4 

6.6 

171.5 

23.2 

45.7 

1.3 

15.0 

85.2 
4.0 

7.3 
3.2 

70.7 

.1 

83.4 

13.6 

6.1 

173.9 

21.5 

51.4 

.9 

12.7 

86.5 
3.3 

5.2 
2.7 

75.3 

.1 

79.2 

14.9 

5.5 

175.0 

19.0 

56.6 

1.0 

11.0 

87.6 
3.2 

4.2 
2.0 

78.2 

.1 

77.3 

14.4 

5.2 

175.2 

18.1 

58.4 

1.1 

11.1 

88.7 

3.6 

.2 

3.6 

1.7 

79.6 

.1 

76.5 

15.7 

5.6 

177.5 

16.5 

44.3 

.6 

18.2 

79.6 

4.2 

.2 

2.7 

1.3 

71.2 

.2 

76.8 

18.9 

6.1 

173.2 

14.3 

38.3 

.8 

19.6 

73.0 
3.9 
1.0 
1.9 
1.4 

64.8 

.1 

76.2 

22.3 

7.3 

170.7 

14.8 
37.6 

1.0 
20.5 

1.7 

75.6 

4.6 

.6 

1.9 

1.5 

67.0 

76.9 
23.2 

7.4 

174.5 

14.9 
41.5 

1.2 
18.2 

2.2 

78.0 

4.6 

.5 

2.3 

1.8 

68.8 

76.9 

25.1 

7.8 

178.6 

16.6 
46.9 

1.3 
15.4 

1.7 

81.9 

5.1 

.1 

2.4 

1.6 

72.7 

76.4 

25.9 

7.3 

182.3 

16.2 

45.4 

1.4 

16.6 

Emergency  Gold  Mining  Assistance 

2.3 
81.9 

5.1 
1 

2.0 
1.6 

73.1 

Accrued  Interest  and  Dividends  Payable 

Net  Working  Capital 

Refundable  Portion  of  Excess  Profits  Tax 

Plant   Property  and  Equipment  (Net)'" 

77.1 

Investment  in  Other  Companies  (Net)(8). 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities'" 

Total 

28.6 
6.4 

185.2 

Capital  and  Surplus 

Funded  Debt'10' 

.8 

107.9 
62.8 

171.5 

.6 

108.0 
65.3 

173.9 

.4 

108.0 
66.6 

175.0 

.2 

108.0 
67.0 

175.2 

.1 

108.3 
69.3 

177.5 

.5 

109.0 
64.7 

173.2 

.2 
1.0 

109.0 
62.5 

170.7 

.2 
1.2 

109.3 
66.2 

174.5 

.2 

109.3 
69.1 

178.6 

.2 
.1 

109.3 
72.9 

182.3 

2 

Loans  from  Parent  Companies  and  Other  Sources  (Net) . . 

109  3 

Earned  Surplus  and  Surplus  Reserves'1" 

Total 

75.7 
185.2 

Note:  for  footnotes  see  page  189. 


NOVEMBER  1952 

V— FINANCIAL  STATISTICS  :  19  NON-FERROUS  METAL  COMPANIES*! 

Bank  of  Canada 
Millions  of  Dollars  PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


198 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation)'" 

137.1 

22.4 

6.2 

120.9 
46.6 

74.3 

57.2 

17.1 

142.3 

25.4 

3.9 

120.8 
47.7 

73.1 

57.2 

15.9 

132.4 

26.9 

4.4 

109.9 

41.7 

68.2 

57.8 

10.4 

108.8 

22.1 

6.2 

92.9 
34.3 

58.6 

52.2 

6.4 

102.7 

21.2 

5.8 

87.3 
30.1 

57.2 

52.0 

5.2 

108.6 

14.9 

8.4 

102.1 
31.5 

70.6 

58.0 

12.6 

158.7 

16.8 

9.9 

.1 

151.7 
47.0 

104.7 

76.2 

28.5 

192.5 

17.6 

13.9 

.2 

188.6 
50.8 

137.8 

95.8 

42.0 

162.2 

18.5 

13.0 

.2 

156.5 
44.8 

111.7 

91.3 

20.4 

198.3 

21.0 

11.0 

.2 

188.1 
58.8 

129.3 

91.3 

38.0 

271  4 

23.4 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion)  . . 
Net  Income  to  Stockholders'" 

14.4 
.2 

262.2 
101.0 

161.2 

107.1 

54.1 

SOURCE  AND  USE  OF  FUNDS") 

Net  Source  of  Funds 

74.3 
57.2 

17.1 

16.4 

6.5 

40.0 
40.0 

73.1 
57.2 

15.9 

19.5 

6.4 

41.8 
41.8 

68.2 

57.8 

10.4 

21.4 

5.5 

37.3 
37.3 

58.6 
52.2 

6.4 

16.4 

5.7 

28.5 
28.5 

57.2 
52.0 

5.2 

16.2 

5.0 

26.4 
26.4 

70.6 
58.0 

12.6 

11.0 

3.9 

27.5 
27.5 

104.7 
76.2 

28.5 

12.4 

4.4 

45.3 
45.3 

137.8 
95.8 

42.0 

12.9 

4.7 

59.6 
.6 

60.2 

111.7 
91.3 

20.4 

13.9 

4.6 

38.9 
38.9 

129.3 
91.3 

38.0 

15.0 

6.0 

59.0 
.1 

59.1 

161  2 

107  1 

54  1 

17  6 

Other  Non-cash  Charges  Against  Current  Income  <2>'4> 

Total  Funds  From  Current  Income 

5.8 

77  5 

Issue  of  Common  Stock 

.3 

Total  Net  Sources  of  Funds 

77.8 

Net  Use  of  Funds 

15.3 

.4 

2.9 

.6 
.1 
.8 

18.5 
21.5 

40.0 

18.9 
10.3 
.2 
1.9 
.1 
.4 
.1 

31.7 
10.1 

41.8 

13.2 

.6 

1.1 

2.4 

1.2 

18.5 
18.8 

37.3 

10.3 

4.6 

.5 

1.6 

.1 

1.4 

9.3 
19.2 

28.5 

5.7 

3.6 

.7 

.3 

.1 

3.0 

7.4 
19.0 

26.4 

15.2 
3.6 
2.3 

3.2 
3.0 

6.1 

14.8 
12.7 

27.5 

23.4 

17.0 

2.6 

2.5 

2.0 

37.3 
8.0 

45.3 

26.0 

17.2 

9.3 

.8 

.2 

1.8 

53.7 
6.5 

60.2 

35.6 

11.2 

3.5 

1.5 

.5 

8.5 

56.8 
17.9 

38.9 

33.9 
5.2 
1.2 
1.0 
2.5 

1.7 

38.5 
20.6 

59.1 

50.2 

36  3 

5.0 

.9 

.5 

2.5 

Sub-Total 

93.6 

15.8 

Total  Net  uses  of  Funds 

77.8 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

95.1 
31.3 
28.8 

72.4 

227.6 

18.2 

.4 

48.2 

2.7 

158.1 

212.5 
29.8 

1.5 

398.9 

72.8 
47.6 
34.4 
82.8 

237.6 

19.7 

.3 

36.0 

2.6 

179.0 

1.9 

209.5 

28.2 

3.0 

415.6 

71.8 
62.1 
32.7 
83.4 

250.0 

18.5 

.4 

30.1 

2.6 

198.4 

4.3 

199.0 

28.1 

3.8 

426.0 

81.6 
67.9 
32.8 
78.8 

261.1 

16.5 

.3 

26.7 

5.2 

212.4 

5.6 

185.1 

26.6 

5.0 

424.7 

80.0 
88.0 
29.1 
82.4 

279.5 

15.5 

.3 

23.4 

5.2 

235.1 

5.9 

172.0 

26.3 

4.5 

434.8 

106.5 
84.4 
29.4 
86.0 

306.3 

18.2 

.2 

23.4 

8.4 

256.1 

5.3 

174.2 

28.3 

5.9 

458.0 

116.3 
98.0 

34.7 
103.1 

352.1 

23.4 

1.0 

29.2 

16.4 

282.1 

4.3 

182.7 

31.4 

6.1 

494.4 

120.7 
98.8 
51.1 

120.3 

390.9 

26.8 

1.3 

37.9 

20.8 

304.1 

3.4 

190  3 

40.0 

6.3 

531.5 

100.7 
95.9 
42.3 

131.7 

370.6 

25.4 

.9 

30.3 

15.9 

298.1 
1.9 

209.7 
42.9 

3.9 
548.7 

115.0 

116.3 

58.3 

136.9 

426.5 

35.6 

.2 

43.6 

19.2 

327.9 

.9 

226.3 

43.6 

4.2 
594.5 

123  4 

119  4 

69  3 

Inventories'6' 

173  2 

Total  Current  Assets 

485  3 

42  2 

3  0 

71  1 

20  7 

Net  Working  Capital 

348.3 

Refundable  Portion  of  Excess  Profits  Tax 

Plant,  Property  and  Equipment  (Net)'7' 

256.6 

Investment  in  Other  Companies  (Net)'8' 

47.9 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities'" .... 
Total 

1.7 
651.1 

Capital  and  Surplus 

Funded  Debt'10' 

.4 

.1 

35.6 

138.2 

224.6 

398.9 

.3 
.2 

35.2 
138.2 
242.1 

415.6 

.3 

.2 

35.2 

138.2 

252.5 

426.0 

.2 

20.5 

33.7 

139.3 

272.0 

424.7 

.1 

17.6 

33.7 

139.4 

279.2 

434.8 

3.3 

10.8 

30.9 

139.4 

295.2 

458.0 

5.9 

9.7 

30.9 

139.4 

327.9 

494.4 

5.7 

8.0 

30.9 

139.9 

363.0 

531.5 

6.1 

4.8 

30.9 

140.0 

376.5 

548.7 

8.7 

4.8 

30.9 

140.1 

419.6 

594.5 

8.2 

Loans  from  Parent  Companies  and  Other  Sources  (Net) . . 

3.1 

30.9 

Common  Stock  Outstanding 

140.5 

474.6 

Total 

651.1 

Note:  for  footnotes  see  page  189. 


199 


NOVEMBER  1952 


Millions  of  Dollars 


V— FINANCIAL  STATISTICS  :  9  PETROLEUM  COMPANIES*! 

Bank  of  Canada 
PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation)'" 

Depreciation  C2) 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion)  . . 
Net  Income  to  Stockholders'" 

31.3 

9.4 

14.0 

.8 

35.1 
13.9 

21.2 

17.8 

3.4 

36.1 

10.7 

9.8 

.8 

34.4 
14.6 

19.8 

18.0 

1.8 

40.3 

11.5 

9.4 

.9 

37.3 
15.4 

21.9 

18.0 

3.9 

40.2 

10.3 

9.2 

•9 

38.2 
16.3 

21.9 

17.8 

4.1 

38.5 

9.3 

9.5 

.9 

37.8 
15.2 

22.6 

18.5 

4.1 

46.8 

10.3 

6.2 

.9 

41.8 
16.4 

25.4 

18.4 

7.0 

51.5 

11.6 

5.9 

1.2 

44.6 
15.1 

29.5 

18.8 

10.7 

58.0 

14.9 

7.1 

1.9 

48.3 
14.1 

34.2 

19.6 

14.6 

68.6 

24.0 

4.9 

2.0 

47.5 
10.8 

36.7 

19.9 

16.8 

94.5 

25.3 

4.1 

3.0 

70.3 
24.2 

46.1 

22.6 

23.5 

141.0 

30.5 

.3 

3.9 

106.9 
44.2 

62.7 

Net  Income  Paid  Out  in  Cash  Dividends  

26.0 

Undistributed  Income'1' 

36.7 

SOURCE 

AND 

USE 

9F  FUNDS" 

Net  Source  of  Funds 
Net  Income  to  Stockholders 

21.2 
17.8 

3.4 

9.3 

.1 

12.8 
12.8 

19.8 
18.0 

1.8 

10.6 
.1 

12.5 
12.5 

21.9 
18.0 

3.9 
11.5 

15.4 

15.4 

21.9 
17.8 

4.1 
10.3 

14.4 

14.4 

22.6 
18.5 

4.1 
9.3 

13.4 
1.0 

14.4 

25.4 
18.4 

7.0 
10.3 

17.3 
.2 

17.5 

29.5 
18.8 

10.7 
11.6 

22.3 
1.9 

24.2 

34.2 
19.6 

14.6 
14.9 

29.5 
8.6 

38.1 

36.7 
19.9 

16.8 

23.9 

.1 

40.8 
.3 

41.1 

46.1 
22.6 

23.5 

25.2 

.1 

48.8 
11.9 

60.7 

62.7 

26  0 

36.7 

Depreciation  Charges 

30.4 

Other  Non-cash  Charges  Against  Current  Income  <2>  <4). . . . 
Total  Funds  From  Current  Income 

.2 
67.3 

Issue  of  Common  Stock 

81.5 

Total  Net  Sources  of  Funds 

148.8 

Net  use  of  Funds 

Investment  in  Plant,  Property  and  Equipment 

10.9 
2.1 
8.1 

1.2 
.1 

.5 

6.7 
6.1 

12.8 

13.5 
3.8 
4.9 

.1 
1.6 

.1 
1.0 

2.4 
10.1 

12.5 

6.3 

2.3 

3.0 

.3 

1.8 

1.8 

5.9 
9.5 

15.4 

9.0 

5.7 

.4 

.3 

1.7 

.8 

17.9 
3.5 

14.4 

11.8 
2.9 
2.6 
.6 
3.4 
1.0 
2.5 

10.8 
3.6 

14.4 

28.8 
7.7 
7.8 

8.5 
2.1 
1.6 

36.3 
18.8 

17.5 

48.0 

34.8 

3.4 

32.8 

11.0 

.6 

43.0 
18.8 

24.2 

47.0 
34.0 
33.6 

5.2 
5.0 
1.9 

39.1 
1.0 

38.1 

53.9 

4.1 

23.1 

.3 

18.6 

.2 

7.6 
33.5 

41.1 

66.8 

10.9 

32.5 

.2 

20.2 

4.0 

4.6 

25.4 
35.3 

60.7 

101.2 

Investment  in  Inventories 

39.2 

Investment  in  Other  Companies 

4.8 

Investment  in  Refundable  Excess  Profits  Tax 

.5 

Redemption  of  Funded  Debt 

28.4 

Redemption  of  Preferred  Stock 

1.2 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

4.1 

Sub-Total 

121.6 

Increase  in  Working  Capital  ex.  Inventories0' 

Total  Net  uses  of  Funds 

27.2 
148.8 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 
Cash 


Marketable  Securities. 

Current  Accounts  Receivable. 
Inventories'6' 


Total  Current  Assets 

Current  Accounts  Payable 

Bank  Loans 

Accrued  Taxes  Payable. . 

Accrued  Interest  and  Dividends  Payable. 


Net  Working  Capital 

Refundable  Portion  of  Excess  Profits  Tax 

Plant,  Property  and  Equipment  (Net)(7> 

Investment  in  Other  Companies  (Net)'8' 

Government  Account  (Net) ;  •  •  •. 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities'" 


Total. 


23.1 

6.8 

28.1 

54.6 

112.6 
19.5 

14.9 
1.0 

77.2 

93.8 
60.7 

10.7 
221.0 


19.0 

7.3 

44.7 

50.9 

121.9 
26.7 

10.5 
1.0 

83.7 

.1 

96.3 

55.3 

11.9 
223.5 


28.6 
11.5 
35.8 
53.1 

129.0 
21.0 

11.3 
1.2 

95.5 

.4 

88.9 

52.2 

9.8 

227.2 


32.1 
11.5 
31.8 
58.8 

134.2 
23.8 

10.2 
1.0 

99.2 

.4 

85.9 

51.6 

8.9 

228.2 


26.0 
25.0 
27.3 
61.7 

140.0 

22.5 

1.0 

9.2 

1.5 

105.8 

1.0 

88.3 

49.0 

9.4 

234.7 


14.6 
17.9 
33.1 
69.5 

135.1 
28.6 

10.4 
1.1 

95.0 

1.0 

107.4 

56.8 

8.0 

252.2 


20.2 

3.9 

44.9 

104.3 

173.3 
49.8 

11.5 
1.2 

110.8 

1.0 

144.2 

60.1 

7.3 

308.8 


16.0 

5.4 

50.5 

138.3 

210.2 

53.0 

2.6 

9.1 

1.2 

144.3 

.9 

177.8 

36.8 

6.6 

353.2 


25.4 

22.4 

58.9 

134.2 

240.9 

43.4 

13.3 

8.6 

1.3 

174.3 

.7 

210.4 

37.4 

7.8 

415.0 


31.2 

55.5 

73.2 

145.1 

305.0 
57.7 

3.3 
16.9 

1.5 

225.6 

.5 

255.7 

38.4 

14.6 

505.6 


Capital  and  Surplus 

Funded  Debt"0' 

Loans  from  Parent  Companies  and  Other  Sources  (Net) . . 

Preferred  Stock  Outstanding 

Common  Stock  Outstanding 

Earned  Surplus  and  Surplus  Reserves"" 


Total. 


21.4 

.8 

10.7 

113.9 

75.8 

221.0 


22.9 

.7 

10.6 

113.9 

76.8 


24.6 

.5 

10.6 

113.9 

78.6 


22.9 

.7 

10.6 

113.9 

81.5 


26.3 

.3 

11.6 

114.9 

82.2 


34.9 

.6 

10.0 

115.1 

92.8 


68.0 
.7 

21.0 
116.9 
103.6 


73.2 

42.8 

26.0 

125.6 

171.2 


92.9 

29.4 

25.6 

126.3 

199.6 


113.4 

1.0 

16.4 

151.4 

223.4 


223.5 


227.2 


228.2 


234.7 


252.2 


308.8 


353.2 


415.0 


505.6 


Note:  for  footnotes  see  page  189. 


NOVEMBER  1952 


200 


V— FINANCIAL  STATISTICS  :  25  CHEMICAL  COMPANIES*! 

Bank  of  Canada 


Millions  of  Dollars                                     PROFIT  STATISTICS   : 

SUMMARY  STATEMENT 

Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation)'" 

25.1 

4.8 

1.4 

.2 

21.5 
10.9 

10.6 

8.1 

2.5 

24.9 

5.9 

1.2 

.2 

20.0 
10.1 

9.9 

7.1 

2.8 

24.4 

6.6 

1.2 

.2 

18.8 
9.8 

9.0 

5.2 

3.8 

23.6 

5.0 

1.0 

.1 

19.5 
10.0 

9.5 

9.9 

.4 

23.4 

4.2 

1.2 

.1 

20.3 
10.3 

10.0 

7.7 

2.3 

24.6 

3.9 

2.0 

.1 

22.6 
10.3 

12.3 

9.2 

3.1 

29.3 

5.8 

3.0 

.2 

26.3 
11.1 

15.2 

9.3 

5.9 

36.2 

7.0 

1.5 

.2 

30.5 
11.1 

19.4 

10.7 

8.7 

37.7 

8.4 

1.7 

.3 

30.7 
12.1 

18.6 

13.6 

5.0 

45.7 

10.0 

3.6 

.4 

38.9 
16.0 

22.9 

18.6 

4.3 

55.7 

Depreciation  <*> 

10.3 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision (1) 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion)  . . 

Net  Income  to  Stockholders*1' 

2.3 

.4 

47.3 
24.1 

23.2 

Net  Income  Paid  Out  in  Cash  Dividends 

13.0 

Undistributed  Income'" 

10.2 

SOURCE  AND  USE  OF  FUNDS") 


Net  Source  of  Funds 

Net  Income  to  Stockholders 

Cash  Dividends 

Undistributed  Profits 

Depreciation  Charges 

Other  Non-cash  Charges  Against  Current  Income'2'  '*> 

Total  Funds  From  Current  Income 

Issue  of  Common  Stock 

Total  Net  Sources  of  Funds 

Net  Use  of  Funds 

Investment  in  Plant,  Property  and  Equipment  ...... 

Investment  in  Inventories 

Investment  in  Other  Companies 

Investment  in  Refundable  Excess  Profits  Tax 

Redemption  of  Funded  Debt 

Redemption  of  Preferred  Stock 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

Sub-Total 

Increase  in  Working  Capital  ex.  Inventories'" 

Total  Net  Uses  of  Funds 


10.6 
8.1 

2.5 
4.8 


7.3 
.5 

7.8 


9.9 
7.1 

2.8 
5.9 


8.7 
.2 

8.9 


9.0 
5.2 

3.8 
6.6 


10.4 


10.4 


9.5 
9.9 

.4 
5.0 


4.6 
.1 

4.7 


10.0 

7.7 


2.3 

4.2 

3.1 
3.9 

6.5 
2.3 

7.0 
4.3 

8.8 


12.3 
9.2 


11.3 


15.2 
9.3 


5.9 
5.8 

8.7 
7.0 

11.7 
.8 

15.7 
.6 

12.5 


19.4 
10.7 


16.3 


18.6 
13.6 


5.0 
8.4 

4.3 

9.9 

.1 

13.4 
.2 

14.3 
.3 

13.6 


22.9 
18.6 


14.6 


6.3 
.5 
.1 

.2 
.1 

.9 

6.3 
1.5 

7.8 


5.6 

2.9 

1.3 

.5 

.2 

.1 

1.1 

9.1 

.2 

8.9 


2.8 
4.2 
.5 
.9 
.2 
.2 
1.0 

1.6 
12.0 

10.4 


4.7 


8.8 


14.8 
3.7 
2.0 

3.9 

2.2 
.6 

18.2 
6.9 

11.3 


12.3 
7.1 
2.6 

.5 
5.3 
1.9 

15.3 
2.8 

12.5 


15.0 
4.2 
1.0 
.5 
.9 
.2 
.9 

16.1 
.2 

16.3 


10.2 

1.6 

.8 

.9 

.7 

2.3 


7.6 
4.0 
.3 
.7 
4.5 
.1 
.6 


9.9 
3.7 

13.6 


5.4 
9.2 


14.6 


YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

10.9 

4.6 

15.0 

23.1 

53.6 

7.6 

.4 

10.5 

.2 

34.9 

39.2 

12.0 

1.1 

3.1 

88.1 

8.6 

7.0 

13.5 

25.9 

55.0 

8.8 

1.0 

7.3 

.2 

37.7 

.5 

39.1 

10.7 

.9 

2.3 

89.4 

11.7 
14.5 
14.4 
21.7 

62.3 

8.4 

1.1 

7.1 

.2 

45.5 

1.5 

35.7 

10.2 

.9 

1.0 

93.0 

13.7 

16.8 
12.6 
22.1 

65.2 
9.0 
2.1 
6.8 
.2 

47.1 

2.4 

35.3 

10.1 

.8 

.1 

94.0 

14.9 
19.2 
12.9 
21.9 

68.9 
9.9 
2.2 
7.0 
1.6 

48.2 

3.4 

36.2 

12.1 

1.9 

2.5 

100.5 

10.6 
16.6 
14.5 
25.5 

67.2 

10.5 

2.6 

6.7 

2.2 

45.2 

3.2 

47.6 

14.1 

1.1 

2.4 

111.4 

11.8 
11.9 
19.3 
32.7 

75.7 
13.2 
3.5 
7.3 
2.2 

49.5 

3.1 

54.2 

16.4 

1.0 

2.3 

124.5 

14.0 

8.1 

21.6 

37.7 

81.4 

11.3 

4.0 

8.8 

2.3 

55.0 

2.6 

62.9 

15.7 

.8 

2.1 

137.5 

14.9 
11.8 
23.1 
36.1 

85.9 
13.3 
3.3 
8.6 
2.8 

57.9 

1.6 

65.9 

14.9 

.3 

1.9 

141.9 

17.2 
18.9 
27.8 
40.2 

104.1 
16.5 

2.4 
10.6 

3.5 

71.1 
.9 

66.8 

14.7 

.1 

1.0 

154.4 

16  5 

Marketable  Securities 

24  8 

Current  Accounts  Receivable 

31  1 

Inventories'6' 

Total  Current  Assets 

50.5 
122  9 

19.6 

Bank  Loans 

3.3 

Accrued  Taxes  Payable 

15.3 

Accrued  Interest  and  Dividends  Payable 

3.5 

Net  Working  Capital 

81  2 

Refundable  Portion  of  Excess  Profits  Tax 

Plant,  Property  and  Equipment  (Net)'" 

76  8 

Investment  in  Other  Companies  (Net)'8' 

8.4 

Government  Account  (Net) 

Miscellaneous  Assets  Less  Miscellaneous  Liabilities'" 

Total 

1.4 
167.8 

Capital  and  surplus 

Funded  Debt'10' 

4.0 

.1 

17.3 

31.1 

35.6 

88.1 

3.8 
1.0 

15.5 
33.1 
38.0 

89.4 

3.6 

.3 

15.3 

33.1 

41.3 

93.0 

3.3 
.6 

15.3 
33.2 
42.8 

94.0 

3.2 

.4 

16.3 

35.9 

45.5 

100.5 

7.0 

.9 

14.8 

40.2 

48.5 

111.4 

6.5 
3.5 

20.3 
41.0 
53.2 

124.5 

7.6 

4.3 

20.2 

41.5 

63.9 

137.5 

6.8 
2.7 

20.2 
41.7 
70.5 

141.9 

11.4 
3.4 

20.3 
42.1 
77.2 

154.4 

9  9 

Loans  from  Parent  Companies  and  Other  Sources  (Net) . . 
Preferred  Stock  Outstanding 

6.3 

17  4 

Common  Stock  Outstanding 

41  2 

93  0 

Total 

167.8 

Note:  for  footnotes  see  page  189. 


201  NOVEMBER  1952 

V— FINANCIAL  STATISTICS  :  57  WHOLESALE  TRADE  &  SERVICE  COMPANIES*! 


Millions  of  Dollars 


Bank  of  Canada 
PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation)'" 

9.6 

1.2 

.5 

.1 

8.8 

4.7 

4.1 

1.4 

2.7 

11.5 
1.3 

.7 

10.9 
6.2 

4.7 

1.7 

3.0 

12.0 
1.2 

.7 

11.5 
7.1 

4.4 

2.1 

2.3 

11.2 
1.0 

.7 

10.9 
6.5 

4.4 

2.3 

2.1 

12.3 
1.1 

.8 

12.0 
6.8 

5.2 

2.3 

2.9 

15.8 

1.5 

.9 

15.2 

7.7 

7.5 

6.1 

1.4 

16.8 

1.8 

.8 

-.1 

15.7 
7.5 

8.2 

5.5 

2.7 

19.5 

2.1 
.9 
.1 

18.2 
6.5 

11.7 

3.8 

7.9 

17.6 
2.6 
1.0 

.1 

15.9 
6.0 

9.9 

4.0 

5.9 

21.7 
3.2 
1.2 

.2 

19.5 
7.5 

12.0 

5.4 

6.6 

22.8 

Depreciation  (2) 

3.9 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchanged  Amortization  of  Discount) 

Net  Profit  before  Income  &  E.  P.  Tax  Provision'1' 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion)  . . . 

Net  Income  to  Stockholders'" 

1.2 

.3 

19.8 
9.5 

10.3 

Net  Income  Paid  Out  in  Cash  Dividends 

3.9 

Undistributed  Income'1' 

6.4 

SOURCE  AND  USE 

OF  FUNDS'3' 

Net  Source  of  Funds 
Net  Income  to  Stockholders 

4.1 
1.4 

2.7 

1.2 

3.9 
3.9 

4.7 
1.7 

3.0 
1.3 

4.3 

4.3 

4.4 
2.1 

2.3 
1.2 

3.5 

3.5 

4.4 
2.3 

2.1 
1.0 

3.1 

3.1 

5.2 
2.3 

2.9 
1.1 

4.0 
.1 

4.1 

7.5 
6.1 

1.4 
1.5 

2.9 

2.9 

8.2 

5.5 

2.7 
1.8 

4.5 
.3 

4.8 

11.7 
3.8 

7.9 

2.1 

10.0 
.4 

10.4 

9.9 
4.0 

5.9 
2.6 

8.5 

8.5 

12.0 
5.4 

6.6 
3.2 

9.8 
.3 

9.5 

10.3 

3.9 

Undistributed  Profits 

6.4 

Depreciation  Charges 

3.9 

Other  Non-cash  Charges  against  Current  Income'2'  '". . .  . 
Total  Funds  From  Current  Income 

10  3 

Issue  of  Common  Stock 

Total  Net  Sources  of  Funds 

10.3 

Net  Use  of  Funds 

Investment  in  Plant,  Property  and  Equipment 

1.0 

5.4 

.7 

.2 

.1 

1.5 

4.5 
.6 

3.9 

.8 

2.3 

.1 

.5 

.2 

.1 

1.4 

.8 
3.5 

4.3 

1.2 

.6 
.6 
.9 
.5 
.3 
.4 

2.7 
.8 

3.5 

.1 
.2 

.9 

.2 

.1 

1.5 

.4 
3.5 

3.1 

2.0 
.4 
.1 
.9 
.7 
.9 
.2 

3.4 

.7 

4.1 

4.8 

9.0 

.9 

.8 
.8 

12.9 
10.0 

2.9 

4.6 

4.0 

.7 

.1 

.2 

2.2 

7.4 
2.6 

4.8 

1.8 

5.2 

4.8 

.3 

.1 

.1 

1.3 

10.4 
10.4 

4.8 
5.0 
1.3 

.7 
1.0 

.1 
1.6 

1.1 

7.4 

8.5 

8.0 

12.7 

4.6 

.9 

5.4 

4.2 

14.8 
5.3 

9.5 

7.0 

Investment  in  Inventories 

3.9 

Investment  in  Other  Companies 

1.0 

Investment  in  Refundable  Excess  Profits  Tax 

.6 

Redemption  of  Funded  Debt 

.9 

Redemption  of  Preferred  Stock 

.4 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

Sub-Total 

.7 
8.1* 

Increase  in  Working  Capital  ex.  Inventories'5' 

Total  Net  Uses  of  Funds 

2.2 
10.3 

YEAR-END  BALANCE  SHEET 

Net  Working  Capital  and  Other  Assets 

4.3 

1.4 

19.0 

29.2 

53.9 

11.3 

1.8 

5.3 

.4 

35.1 

12.5 
4.9 

.9 

53.4 

9.2 

3.7 

15.5 

26.9 

55.3 

11.2 

1.8 

5.6 

.3 

36.4 

.5 

12.0 

5.0 

.8 

54.7 

8.3 

8.1 

13.7 

27.5 

57.6 

11.3 

1.7 

6.2 

.5 

37.9 
1.3 

12.0 
4.6 

.8 

56.6 

8.7 
10.6 
13.4 
27.7 

60.4 

10.7 

1.7 

5.3 

.7 

42.0 

2.2 

11.2 

4.8 

.7 
60.9 

8.9 
13.1 
14.7 
28.1 

64.8 

12.8 

2.1 

5.5 

.6 

43.8 

2.9 

12.1 

4.9 

.1 

.7 

64.3 

6.2 

9.7 

19.1 

37.1 

72.1 

16.1 

4.2 

6.0 

2.9 

42.9 
2.9 

15.3 

4.4 

.1 

1.0 

66.4 

6.5 

5.2 

20.9 

41.1 

73.7 

16.5 

6.2 

5.6 

.7 

44.7 
2.8 

18.1 

5.2 

.1 

1.2 

71.9 

8.2 

3.0 

23.9 

46.2 

81.3 

17.2 

8.0 

5.3 

.5 

50.3 

2.3 

18.5 

10.1 

.8 

82.0 

11.4 

3.4 

26.6 

41.3 

82.7 

18.0 

6.7 

4.6 

.6 

52.8 

1.6 

21.4 

11.4 

.8 

88.0 

7.7 

3.5 

35.3 

53.9 

100.4 

22.3 

11.9 

5.8 

.9 

59.5 

.7 

26.3 

16.1 

.9 

103.5 

9  1 

Marketable  Securities 

3  0 

Current  Accounts  Receivable 

34  3 

Inventories'6' 

57  9 

Total  Current  Assets 

104  3 

Current  Accounts  Payable 

20.7 

11.1 

Accrued  Taxes  Payable 

6.5 

Accrued  Interest  and  Dividends  Payable 

.5 

Net  Working  Capital 

65  5 

Refundable  Portion  of  Excess  Profits  Tax 

1 

Plant,  Property  and  Equipment  (Net)'" 

29  5 

Investment  in  Other  Companies  (Net)'8' 

15  8 

Government  Account  (Net) 

Miscellaneous  Assets  less  Miscellaneous  Liabilities'" 

Total 

1.4 
112  3 

Capital  and  Surplus 

Funded  Debt'10' 

.8 

3.3 

11.9 

18.7 

18.7 

53.4 

.6 
1.9 

11.8 
18.7 
21.7 

54.7 

.1 

1.6 

12.1 

18.8 

24.0 

56.6 

.3 
3.7 

12.0 
18.0 
26.9 

60.9 

1.0 

4.0 
11.1 
18.1 
30.1 

64.3 

1.8 

4.2 

10.0 

18.8 

31.6 

66.4 

1.7 

6.9 

9.9 

19.0 

34.4 

71.9 

1.6 

8.3 

9.9 

19.4 

42.8 

82.0 

2.6 

6.9 

9.9 

19.4 

49.2 

88.0 

8.0 
11.5 
10.3 
20.8 
52.9 

103.5 

9  0 

Loans  from  Parent  Companies  and  Other  Sources  (Net) . . 
Preferred  Stock  Outstanding 

12.6 
11  7 

Common  Stock  Outstanding 

21  0 

Earned  Surplus  and  Surplus  Reserves'1" 

58  0 

Total 

112  3 

Note:  for  footnotes  see  page  189. 


NOVEMBER  1952 

V— FINANCIAL  STATISTICS  :  32  RETAIL  TRADE  &  SERVICE  COMPANIES*! 


202 


Millions  of  Dollars 


Bank  of  Canada 
PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation)'" 

17.7 

3.7 

.8 

1.8 

13.0 
6.3 

6.7 
3.3 

3.4 

22.1 

3.8 

.9 

1.8 

17.4 
10.1 

7.3 

3.5 

3.8 

24.7 
3.8 
1.0 

1.7 

20.2 
12.4 

7.8 
4.1 

3.7 

26.4 
3.5 
1.0 
1.5 

22.4 
13.3 

9.1 

4.7 

4.4 

29.7 
3.5 
1.1 
1.3 

26.0 
15.9 

10.1 
4.9 

5.2 

33.2 
3.7 

1.3 
1.0 

29.8 
14.4 

15.4 
6.2 

9.2 

32.0 
4.1 
1.6 

.7 

28.8 
12.3 

16.5 
8.0 

8.5 

36.8 

5.0 

1.3 

.9 

32.2 
12.7 

19.5 
7.1 

12.4 

39.1 
6.5 
1.5 
1.0 

33.1 
13.3 

19.8 
8.6 

11.2 

44.0 
7.3 
2.0 
1.2 

37.5 
15.7 

21.8 
9.5 

12.3 

44.9 

Depreciation*2) 

7.3 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchange  &  Amortization  of  Discount) 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion). . 
Net  Income  to  Stockholders'" 

1.4 
1.1 

37.9 
19.6 

18.3 

Net  Income  Paid  Out  in  Cash  Dividends 

9.1 

9.2 

SOURCE  AND 

USE 

OF  FUNDS'^ 

Net  Source  of  Funds 

Net  Income  to  Stockholders 

6.7 
3.3 

3.4 

3.7 

.3 

7.4 
7.4 

7.3 
3.5 

3.8 

3.8 

.2 

7.8 
7.8 

7.8 
4.1 

3.7 
3.7 

.2 

7.6 
7.6 

9.1 

4.7 

4.4 

3.4 

.2 

8.0 
8.0 

10.1 
4.9 

5.2 

3.4 

.3 

8.9 
.9 

9.8 

15.4 
6.2 

9.2 

3.6 

.3 

13.1 
6.7 

19.8 

16.5 
8.0 

8.5 

4.1 

12.6 
12.6 

19.5 
7.1 

12.4 
5.0 

17.4 
.1 

17.5 

19.8 
8.6 

11.2 
6.5 

17.7 

17.7 

21.8 
9.5 

12.3 
7.3 

19.6 
.5 

20.1 

18.3 

Cash  Dividends 

9.1 

Undistributed  Profits 

9.2 

Depreciation  Charges 

7.2 

Other  Non-cash  Charges  against  Current  Income'2'  <4) .  . . . 
Total  Funds  From  Current  Income 

.1 
16.5 

Issue  of  Common  Stock 

Total  Net  Sources  of  Funds 

16.5 

Net  Use  of  Funds 
Investment  in  Inventories 

5.6 
5.4 

.5 
.6 
.8 

11.9 
4.5 

7.4 

1.8 
.3 
.2 
.8 

1.6 
.3 
.1 

3.9 
3.9 

7.8 

2.6 
.9 
.4 
2.0 
1.8 
.2 
.2 

5.1 

2.5 

7.6 

4.5 

2.2 

.1 

2.1 

1.7 
.2 
.8 

5.2 
2.8 

8.0 

4.2 

1.8 

.6 

2.7 

3.8 

.5 

.7 

13.1 
3.3 

9.8 

6.9 

10.3 

.8 

.1 

7.5 
.1 
.1 

25.8 
6.0 

19.8 

13.2 

4.3 

.5 

10.4 
.9 
.6 

9.1 
3.5 

12.6 

11.5 

4.2 

.2 

.3 

2.5 

.9 

1.1 

13.3 
4.2 

17.5 

17.2 
4.5 
.5 
1.0 
5.8 
4.8 
1.9 

12.5 
5.2 

17.7 

20.5 
6.5 

.4 
1.7 

.4 
4.7 

.3 

21.1 
1.0 

20.1 

12.4 
1  l 

Investment  in  Other  Companies 

1  7 

Investment  in  Refundable  Excess  Profits  Tax 

1.6 

Redemption  of  Funded  Debt 

4  2 

Redemption  of  Preferred  Stock 

.8 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) 

6 

Sub-Total 

17  6 

Increase  in  Working  Capital  ex.  Inventories'" 

1.1 

Total  Net  Uses  of  Funds 

16.5 

YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 
Cash 

ll.l 

2.7 

11.3 

28.1 

53.2 

14.4 

3.0 

6.8 

2.0 

27.0 

73.8 
5.1 

9.6 

115.5 

10.6 

7.7 
9.2 

27.7 

55.2 

14.0 

1.0 

7.5 

2.1 

30.6 

.8 

71.8 

4.9 

9.1 

117.2 

11.1 

11.6 

7.6 

26.9 

57.2 

14.1 

.8 

8.2 

1.2 

32.9 
2.8 

70.7 
4.5 

8.9 

119.8 

13.7 

11.8 

7.9 

24.6 

58.0 

14.2 

.5 

8.5 

1.4 

33.4 

4.9 

71.6 

4.6 

8.2 
122.7 

11.1 

11.8 

9.4 

26.5 

58.8 
15.5 

.5 
9.6 

.6 

32.6 
7.6 

72.1 
4.0 

10.5 

126.8 

16.7 

7.5 

11.7 

36.7 

72.6 

20.7 

4.2 

6.7 

1.0 

40.0 

6.4 

75.2 

4.8 

9.1 
135.5 

17.8 
5.6 

20.1 
41.0 

84.5 

24.5 

4.4 

6.1 

1.0 

48.5 
6.1 

84.3 
5.5 

8.9 

153.3 

19.3 

7.0 

28.6 

45.2 

100.1 

29.6 

4.6 

7.9 

1.2 

56.8 
5.8 

92.5 
5.7 

9.5 

170.3 

19.6 

7.3 

35.3 

49.7 

111.9 

29.9 

6.7 

8.4 

.4 

66.5 

4.8 

103.9 

6.2 

11.0 

192.4 

19.4 

6.7 

41.3 

56.2 

123.6 

32.5 

7.3 

10.6 

1.4 

71.8 

2.9 

117.1 

6.6 

8.7 

207.1 

24.7 

Marketable  Securities 

6.0 

Current  Accounts  Receivable 

33.6 

Inventories'61 

57.3 

Total  Current  Assets 

121.6 

Current  Accounts  Payable 

31  0 

Bank  Loans 

6  4 

Accrued  Taxes  Payable 

11  9 

Accrued  Interest  and  Dividends  Payable 

7 

Net  Working  Capital 

71.6 

1.3 

Plant,  Property  and  Equipment  (Net)'" 

123.7 

Investment  in  Other  Companies  (Net)'8' 

8.3 

Government  Account  (Net) 

Miscellaneous  Assets  less  Miscellaneous  Liabilities'" 

Total 

9.2 
214.1 

Capital  and  Surplus 

Funded  Debt'"» 

32.6 
7.8 
19.2 
32.2 
23.7 

115.5 

31.1 
7.7 
18.9 
32.9 
26.6 

117.2 

29.7 
7.5 
19.1 
32.5 
31.0 

119.8 

28.1 
7.4 
19.4 
32.5 
35.3 

122.7 

25.5 
7.4 
18.9 
33.3 
41.7 

126.8 

18.1 
7.3 
18.8 
40.1 
51.2 

135.5 

28.6 
6.2 
18.1 
40.1 
00.3 

153.3 

31.0 
5.9 

18.2 
41.1 

74.1 

170.3 

36.8 
5.7 
23.4 
41.2 
85.3 

192.4 

36.5 
6.2 
28.3 
39.3 
96.8 

207.1 

32.3 

Loans  from  Parent  Companies  and  Other  Sources  (Net) . . 
Preferred  Stock  Outstanding 

6.2 
29.2 

Common  Stock  Outstanding 

39.3 

Earned  Surplus  and  Surplus  Reserves"" 

107.1 

Total 

214.1 

Note:  for  footnotes  see  page  189. 


203  NOVEMBER  1952 

V— FINANCIAL  STATISTICS  :  20  ELECTRIC  AND  OTHER  UTILITY  COMPANIES'^ 

Bank  of  Canada 
Millions  of  Dollars  PROFIT  STATISTICS  :  SUMMARY  STATEMENT 


Fiscal  Year  Nearest  to  Calendar  Year 

1941 

1942 

1943 

1944 

1945 

1946 

1947 

1948 

1949 

1950 

1951 

Net  Operating  Profit  (Before  Depreciation) (1) 

49.0 

11.9 

1.2 

14.6 

23.7 
10.7 

13.0 

11.4 

1.6 

56.8 

12.7 

1.3 

14.6 

30.8 
16.0 

14.8 

10.0 

4.8 

56.1 

13.5 

1.8 

14.2 

30.2 
15.0 

15.2 

10.6 

4.6 

50.9 
13.3 

1.8 
14.0 

25.4 
11.1 

14.3 

11.5 

2.8 

52.8 

13.5 

2.1 

13.5 

27.9 
13.3 

14.6 

11.7 

2.9 

52.6 

13.8 

2.6 

12.7 

28.7 
12.7 

16.0 

12.4 

3.6 

50.2 

13.5 

3.3 

11.1 

28.9 
11.9 

17.0 

20.4 

3.4 

51.5 
14.4 

3.3 

12.0 

28.4 
10.6 

17.8 

13.9 

3.9 

56.6 

16.4 

3.4 

13.7 

29.9 
11.7 

18.2 

14.6 

3.6 

64.9 

19.1 

4.1 

14.8 

35.1 
14.3 

20.8 

16.4 

4.4 

74.7 

Depreciation  *2> 

21.4 

Investment  and  Other  Non-Operating  Income  (Net) 

Bond  Interest  (incl.  Exchanges  Amortization  of  Discount) 

Income  &  E.  P.  Tax  Provision  (ex.  Refundable  Portion) . . . 
Net  Income  to  Stockholders11' 

3.5 
15.0 

41.8 
21.5 

20.3 

Net  Income  Paid  Out  in  Cash  Dividends 

17.0 

Undistributed  Income'1' 

3.3 

SOURCE  AND  USE  OF  FUNDS'3' 


Net  Source  of  Funds 

Net  Income  to  Stockholders 

Cash  Dividends 


Undistributed  Profits 

Depreciation  Charges 

Other  Non-cash  Charges  against  Current  Income'2'  (4> . 


Total  Funds  From  Current  Income  . 
Issue  of  Common  Stock 


Total  Net  Sources  of  Funds. 


Net  Use  of  Funds 

Investment  in  Plant,  Property  and  Equipment. 

Investment  in  Inventories 

Investment  in  Other  Companies 

Investment  in  Refundable  Excess  Profits  Tax. . 

Redemption  of  Funded  Debt 

Redemption  of  Preferred  Stock 

Increase  in  Misc.  Assets  (less  Misc.  Liabilities) . 

Sub-Total 

Increase  in  Working  Capital  ex.  Inventories'5' . , 


Total  Net  Uses  of  Funds. 


13.0 
11.4 

1.6 

11.9 

.5 

14.0 


14.0 


8.0 

.5 

3.6 

10.5 

1.7 

13.7 
.3 

14.0 


14.8 
10.0 

4.8 

12.7 

.5 

18.0 


18.0 


6.6 

.3 

.4 

1.1 

6.5 


13.8 
4.2 

18.0 


15.2 
10.6 


4.6 

13.5 

.5 

18.6 


18.6 


4.5 
.3 
2.6 
1.7 
9.2 

.6 

13.1 
5.5 

18.6 


14.3 
11.5 

2.8 

13.3 

.5 

16.6 
.1 

16.5 


7.4 
.4 
.5 
.7 

4.6 


12.6 
3.9 

16.5 


14.6 
11.7 

2.9 

13.5 

.6 

17.0 
.2 

16.8 


10.6 
1.1 

.1 
1.2 
3.1 

.9 

10.6 
6.2 

16.8 


16.0 
12.4 


3.6 
13.8 

.7 


18.1 
.2 


18.3 


22.2 
2.6 

.7 

6.2 
.5 
.3 

29.5 
11.2 

18.3 


17.0 
20.4 


3.4 
13.5 

.7 


10.8 
.3 


10.5 


31.2 

4.4 

.9 

15.9 

29.8 

4.5 

4.7 
15.2 

10.5 


17.8 
13.9 


3.9 

14.4 
.8 

3.6 

16.4 

.9 

19.1 
.6 

20.9 
7.3 

19.7 


73.5 
1.7 
3.3 

.7 

45.7 

4.2 

.7 

22.0 
2.3 

19.7 


18.2 
14.6 


28.2 


77.6 

.8 

.4 

.9 

19.4 

4.7 

3.0 

49.2 
21.0 

28.2 


20.8 
16.4 


4.4 

19.1 

.9 

3.3 

21.4 

.9 

24.4 

25.6 

24.4 

25.6 

60.0 

.1 

.8 

1.7 

31.3 

10.7 

3.2 

14.0 
10.4 

24.4 


YEAR-END  BALANCE  SHEET 


Net  Working  Capital  and  Other  Assets 

Cash 

Marketable  Securities 

Current  Accounts  Receivable 

Inventories'6' 


Total  Current  Assets 

Current  Accounts  Payable 

Bank  Loans 

Accrued  Taxes  Payable. 

Accrued  Interest  and  Dividends  Payable . 


Net  Working  Capital 

Refundable  Portion  of  Excess  Profits  Tax 

Plant,  Property  and  Equipment  (Net)'7' 

Investment  in  Other  Companies  (Net)'8' 

Government  Account  (Net) 

Miscellaneous  Assets  less  Miscellaneous  Liabilities'" 

Total 


21.0 
5.9 
9.8 
6.2 


42.9 

9.4 

.4 

8.6 

5.6 

18.9 

533.9 
30.3 

39.0 

622.1 


20.1 

12.2 

10.0 

5.9 

48.2 
11.1 

.6 
7.6 
5.8 

23.1 

1.1 

527.9 

29.7 

37.8 

619.6 


15.2 

22.8 

9.2 

5.6 


52.8 

10.5 

.8 

7.0 

5.6 

28.9 

2.8 

518.8 

27.5 

36.6 

614.6 


11.6 

27.9 

8.5 

6.0 


54.0 

8.9 

.3 

5.3 

5.4 

34.1 

3.4 

512.8 

26.9 

35.5 

612.7 


12.8 

37.4 

9.6 

7.1 


66.9 

11.5 

.2 

7.1 

6.6 

41.5 

4.6 

509.9 

26.8 

40.3 

623.1 


10.4 

29.9 

9.5 

9.7 


59.5 

12.7 

.6 

7.0 

4.6 

34.6 

4.6 

517.9 

26.1 

.6 

41.6 

625.4 


9.8 
47.8 
10.9 
14.1 


82.6 

15.1 

.6 

6.7 

5.6 

54.6 

4.6 

538.1 

27.0 

1.0 

41.1 

666.4 


20.7 
39.2 
12.5 
15.8 

88.2 

19.4 

1.6 

7.3 

5.9 

54.0 

3.9 

597.2 

23.7 

1.0 

41.1 

720.9 


13.8 
24.3 
13.2 
15.0 

66.3 

17.9 

1.4 

7.8 

6.4 

32.8 
2.9 

658.5 
24.0 

38.1 

756.3 


12.9 
36.2 
15.1 
15.0 

79.2 

19.0 

2.2 

7.9 

6.8 

43.3 

1.2 

699.7 

24.8 

34.2 

803.2 


Capital  and  Surplus 

Funded  Debt'10' 

Loans  from  Parent  Companies  and  Other  Sources  (Net) . 

Preferred  Stock  Outstanding 

Common  Stock  Outstanding 

Earned  Surplus  and  Surplus  Reserves'11' 


Total. 


319.1 
2.0 

50.6 
218.6 

31.8 

622.1 


312.5 
1.9 

50.6 
218.6 

36.0 

619.6 


304.2 
1.8 

50.6 
218.5 

39.5 

614.6 


300.2 
2.3 

50.6 
218.4 

41.2 

612.7 


309.5 
1.7 

50.6 
218.2 

43.1 

623.1 


307.0 
3.6 

51.1 
218.4 

45.3 

625.4 


324.1 
.6 

80.9 
218.2 

42.6 

666.4 


371.1 
.3 

85.4 
218.7 

45.4 

720.9 


391.4 
.2 

90.5 
226.0 

48.2 

756.3 


421.8 

2.1 

101.2 

226.3 

51.8 

803.2 


Notb:  for  footnotes  see  page  189. 


NOVEMBER  1952 


204 


Cents  per  unit 


VI— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 
OFFICIAL  RATES1 


,o> 


U.  S.  Dollar  in  Canada 

£  Sterling  in  Canada 

Buying 

Selling 

Mid-rate 

Buying 

Selling 

Mid-rate 

1939  -  Sept.  16«) 

1945  -  Oct.    15(2) 

1946  -  July     6(2) 
1949  -  Sept.  20(2) 

110.00 
110.00 
100.00 
110.00 

111.00 
110.50 
100.50 
110.50 

110.50 
110.25 
100.25 
110.25 

443.00 
443.00 
402.00 
307.25 

447.00 
445.00 
404.00 
308.75 

445.00 
444.00 
403.00 
308.00 

MARKET  RATES 


(3) 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 

1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1951— Nov. 

104.78 

103.50 

104.35 

293.31 

289.69 

292.06 

Dec. 

103.88 

101.19 

102.56 

290.75 

281.38 

286.49 

1952— Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.52 

Feb. 

100.69 

100.00 

100.11 

280.00 

278.06 

278.43 

Mar. 

100.00 

98.38 

99.60 

280.19 

276.75 

278.60 

Apr. 

98.50 

97.88 

98.09 

276.88 

274.31 

275.43 

May 

98.75 

98.00 

98.38 

276.88 

273.94 

275.50 

June 

98.38 

97.19 

97.91 

274.13 

270.63 

272.64 

July 

97.75 

96.06 

96.92 

272.25 

267.31 

270.20 

Aug. 

96.66 

95.88 

96.14 

269.75 

267.13 

268.12 

Sept. 

96.06 

95.88 

95.98 

267.44 

266.75 

267.11 

Oct. 

97.16 

96.00 

96.43 

271.19 

267.25 

269.36 

Nov. 

98.63 

96.50 

97.66 

276.19 

270.56 

273.52 

(1)  Rates  established  by  the  Government  commencing  from  the  institution  of  exchange  control  on  Sept.  16,  1939. 

(2)  Dates  on  which  official  rates  were  established  or  changed. 

(3)  Commencing  Oct.  2,  1950,  official  rates  of  exchange  were  discontinued;  market  rates  are  quotations  reported  on  transactions  between  banks  in  the  exchange 
market. 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS 


(i) 


CANADIAN    DOLLARS 

1.08 


CANADIAN   DOLLARS 

08 


ONDJFMAMJJASONDJFMAMJJASOND 
1950  1951  1952 

(1)  Market  rate;  see  footnote  (3)  to  table  above. 


205 


Index  1949  =  100 


J 


NOVEMBER  1952 


VII 


CONSUMER  PRICE  INDEX (I) 

Dominion  Bureau  of  Statistics 


Total 
Index 

Food 

Shelter 

Clothing 

Household 
Operation 

Other 
Commodities 
and  Services 

Weighting 

100 

32 

15 

11 

17 

25 

Average  of  Months 

1949 

100.0 

100.0 

100.0 

100.0 

100.0 

100.0 

1950 

102.9 

102.6 

106.2 

99.7 

102.4 

103.1 

1951 

113.7 

117.0 

114.4 

109.8 

113.1 

111.5 

First  of  Month 

1951— Apr. 

111.7 

115.5 

111.8 

108.5 

111.4 

108.6 

May 

112.2 

114.3 

112.4 

109.0 

112.7 

110.4 

June 

113.7 

115.8 

115.2 

109.5 

113.8 

111.8 

July 

114.6 

117.9 

115.5 

109.7 

114.3 

112.2 

Aug. 

115.5 

119.0 

115.8 

110.7 

115.1 

113.4 

Sept. 

116.5 

120.5 

117.2 

111.9 

115.5 

113.6 

Oct. 

117.1 

121.3 

117.2 

114.1 

115.8 

114.1 

Nov. 

117.9 

122.5 

118.2 

114.5 

115.9 

114.8 

Dec. 

118.1 

122.5 

118.2 

115.2 

116.4 

115.0 

1952— Jan. 

118.2 

122.4 

118.3 

114.9 

116.4 

115.5 

Feb. 

117.6 

120.8 

118.3 

113.5 

116.3 

115.8 

Mar. 

116.9 

117.6 

119.1 

112.9 

116.9 

116.4 

Apr. 

116.8 

117.2 

119.4 

112.5 

116.8 

116.6 

May 

115.9 

115.5 

119.6 

112.3 

116.2 

115.6 

June 

116.0 

115.7 

120.4 

111.8 

115.9 

115.7 

July 

116.1 

116.0 

120.6 

111.7 

115.9 

115.6 

Aug. 

116.0 

115.7 

120.6 

111.6 

115.8 

115.8 

Sept. 

116.1 

115.8 

121.2 

110.9 

116.0 

115.8 

Oct. 

116.0 

115.1 

121.5 

109.9 

116.2 

116.4 

Nov. 

116.1 

115.7 

121.4 

109.8 

115.9 

116.6 

(1)  Components  were  selected  and  weighted  on  the  basis  of  1948  urban  family  incomes  ranging  from  $1,650  to  $4,050,  with  incomes  between  $2,000  and  $3,000  most 
common. 


VIII— WHOLESALE  PRICES 
CANADA 

Dominion  Bureau  of  Statistics 


U.S.A. 

Bureau  of  Labour  Statistics 


U.K. 

Bd.  Trade 


Farm  Products'" 

Raw  and 

Fully  & 

Pro- 
cessed 
Foods 

All  Other 

Com- 
modities 

Total 
Index 

Partly 
Manu- 

Chiefly 
Manu- 

Total 
Index 

Farm 
Products 

Total 
Index 

Total 

Index 

Fieldf 

Animal 

Totalf 

factured 

factured 

7. 

ndex  1935 

-39  =  10 

0 

I 

ndex  1947 

-49  =  1C 

0 

(2) 

(3) 

Aver,  of  Mths. 

1926 

130.3 

158.5 

130.2 

144.4 

129.1 

133.0 

65.0 

* 

* 

71.5 

124.2 

124.8 

1939 

99.2 

83.7 

101.5 

92.6 

94.9 

101.9 

50.1 

* 

* 

58.1 

95.7 

103.5 

1947 

163.3 

184.1 

200.2 

192.2 

164.3 

162.4 

96.4 

100.0 

98.2 

95.3 

184.1 

193.2 

1948 

193.4 

200.6 

263.7 

232.1 

196.3 

192.4 

104.4 

107.3 

106.1 

103.4 

199.4 

220.9 

1949 

198.3 

191.9 

265.4 

228.7 

197.1 

199.2 

99.2 

92.8 

95.7 

101.3 

189.4 

231.6 

1950 

211.2 

191.9 

281.4 

236.7 

212.8 

211.0 

103.1 

97.5 

99.8 

105.0 

196.9 

264.2 

1951 

240.2 

193.4 

336.9 

265.1 

237.9 

242.4 

114.8 

113.4 

111.4 

115.9 

219.3 

321.8 

Monthly 
1951— Aug. 

241.4 

178.3f 

348.3 

263 .3 1 

237.1 

245.0 

113.7 

110.4 

111.2 

114.9 

217.2 

325.9 

Sept. 

240.0 

181.7 

339.2 

260.5 

235.7 

243.7 

113.4 

109.9 

110.9 

114.8 

216.6 

327.5 

Oct. 

239.6 

188.1 

330.4 

259.3 

236.3 

242.7 

113.7 

111.5 

111.6 

114.6 

217.2 

331.1 

Nov. 

239.1 

201.4 

328.5 

264.9 

237.1 

241.5 

113.6 

112.0 

111.0 

114.5 

217.0 

330.9 

Dec. 

237.7 

204.4 

328.9 

266.7 

236.0 

239.8 

113.5 

111.3 

110.7 

114.6 

216.8 

332.5 

1952— Jan. 

236.8 

208.0 

318.2 

263.1 

233.3 

239.7 

113.0 

110.0 

110.1 

114.3 

215.8 

337.3 

Feb. 

232.6 

205.1 

297.3 

251.2 

227.8 

236.2 

112.5 

107.8 

109.5 

114.2 

214.9 

331.7 

Mar. 

230.8 

213.3 

283.3 

248.3 

225.5 

234.6 

112.3 

108.2 

109.2 

113.8 

214.5 

335.3 

Apr. 

226.9 

217.1 

273.7 

245.4 

221.3 

230.7 

111.8 

108.7 

108.0 

113.3 

213.5 

332.2 

May 

224.8 

223.2 

265.4 

244.3 

220.2 

228.1 

111.6 

107.9 

108.6 

113.0 

213.1 

329.9 

June 

226.5 

227.6 

271.4 

249.5 

220.6 

230.6 

111.3 

107.3 

108.7 

112.6 

212.6 

329.8 

July 

225.5 

213.3 

275.3 

244.3 

218.5 

230.0 

111.8 

110.2 

110.0 

112.5 

213.5 

329.4 

Aug. 

223.9 

195.3 

277.2 

236.2 

216.3 

228.8 

112.1 

109.9 

110.5 

112.9 

214.1 

327.1 

Sept. 

222.1 

181.9 

269.1 

225.5 

212.5 

228.0 

111.8 

106.6 

110.3 

113.2 

213.5 

324.8 

Oct. 

221.0 

179.7 

263.0 

221.3 

209.9 

227.7 

111.2 

104.9 

108.5 

113.1 

212.4 

328.4 

(1)   An  independent  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index" 
payments  where  applicable  from  August  1951.  (2)  Adjusted  to  1935-39  =  100  from  base  1947-49  =  100. 

1913  -  100  in  1926  and  from  base  1930-100  thereafter.  *  Not  available. 


Prices  include  subsidies.        f  Includes  initial 
(3)  Adjusted  to  1935-39  =  100  from  base 


NOVEMBER  1952 


206 


IX— BUSINESS  ACTIVITY 

Dominion  Bureau  of  Statistics 


Production 

Res- 
idential 
Con- 

Car 

Value 
of 

Employ- 
ment 
Index 

Aggregate 
Payrolls 

Index 

News- 

Central 

struction 

Loadings 

Department 

M> 

(4) 

Gold 

Nickel 

Steel 

print 
(J) 

Electric 
Stations'2' 

Contracts 
Awarded (3) 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions 

Millions 

Fine  Ounces 

Short  Tons 

Short  Tons 

Short  Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939=100 

1939  =  100 

AnnualTotals<5> 

1932 

3,044 

15 

380 

2,186 

12,296 

29 

2,180 

254 

* 

* 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

* 

* 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

873 

168.0 

321.8 

1951 

4,364 

138 

3,567 

5,516 

51,916 

437 

4,183 

902 

180.2 

381.3 

12-mth9.  ending 

Oct.  1952 

4,423** 

140 

3,708** 

5,667 

54,400** 

488 

4,165 

954 

183.7 

418.8 

Monthly 

1951— Sept. 

361.4f 

11.7 

268.2 

431.1 

4,149 

30.0 

350 

72.4 

185.4 

400.2 

Oct. 

380. 8f 

11.8 

309.4 

492.5 

4,512 

29.2 

390 

81.2t 

186.5 

410.0 

Nov. 

374. 9f 

11.6 

307.1 

471.7 

4,473 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

378.lt 

11.4 

296.5 

435.3 

4,626 

26.9 

315 

119.8 

186.6 

416.7 

1952— Jan. 

354.6 

11.8 

317.0 

470.5 

4,784 

20.0 

333 

55.2 

181.0 

388.8 

Feb. 

352.7 

10.7 

305.9 

457.8 

4,500 

17.8 

316 

60.2 

177.8 

402.9 

Mar. 

364.7 

12.3 

339.4 

476.5 

4,702 

30.2 

331 

70.2 

178.0 

409.0 

Apr. 

363.1 

12.3 

316.6 

471.2 

4,475 

42.9 

326 

75.1 

177.9 

411.5 

May 

365.9 

12.3t 

330.5 

496.0 

4,596 

42.6 

358 

83.7 

177.4 

410.6 

June 

359.lt 

12.5 

305.5 

451.9 

4,346 

61.0 

347 

77.1 

182.5 

420.2 

July 

373.7t 

10.4 

293.4 

485.5 

4,358 

64.7 

364 

59.8 

185.5 

426.3 

Aug. 

372.lt 

11.9 

298.9 

486.5 

4,457 

41.3 

354 

69.6 

188.8 

433.3 

Sept. 

383.1 

10.9 

286. 3 t 

461.5 

4,571 

42.3 

362 

84.3 

190.6t 

442.7t 

Oct. 

11.7 

502.8 

51.6 

392 

97.3 

192.0 

449.9 

(1)    Source:  Newsprint  Association  of  Canada.     Includes  Newfoundland.  (2)  Total  output  less  exports  and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.  (3)  Source:  MacLean  Building  Reports.  Ltd.  (4)  9  Leading  industries.       First  of  month  figures.  (5)  Average  of 

months  in  case  of  Employment  and  Payrolls  Indexes.  *  Not  available.  **  12  inths.  ending  Sept.  1952.  f  Revised. 


EXPORTS   AND    IMPORTS:    INDEXES   OF    UNIT   VALUE   AND    PHYSICAL   VOLUME 

INDEX  1948  =  100  INDEX  1948=100 


207 


NOVEMBER  1952 


NOVEMBER  1952 


-MERCHANDISE  IMPORTS,  COMMODITY  CLASSIFICATION 

Compiled  from  "Trade  of  Canada",  j)ominion  Bureau  of  Statistics 


208 


Millions  of  Dollars 

ng  Gold) 

Fruits 
and 
Nuts 

Vegetables 

Grains 

and 

Milled 

Products 

(inch  rice) 

Sugar 

and 

Products 

Tea 
and 
Coffee 

Alcoholic 
Beverages 

(i) 

Vegetable 
Oils 
(non- 
edible) 

Rubber 
(incl.  syn- 
thetic) 

Furs 

Hides 

and 

Leather 

(unmfd. 

and  mfd.) 

Other 

Vegetable 

and 

Animal 

Products 

Cotton 

Silk 

(raw  and 

mfd.) 

Wool 

Artificial 
Silk 

Flax,  Hemp 
and  Jute 

Other 
Textiles 

Paper 

Books  and 
Printed 
Matter 

Other  Wood 
and  Wood 
Products 

Raw  and 
Unmfd. 

Mfd. 

Raw  and 
Unmfd. 

Mfd. 

Calendar  Years 
1929 

39 

11 

26 

28 

18 

47 

12 

23 

15 

20 

64 

28 

34 

29 

10 

40 

13 

15 

30 

15 

18 

30 

Calendar  Years 
1929 

1932 

21 

5 

6 

17 

10 

17 

5 

4 

4 

6 

.    20 

8 

13 

10 

5 

11 

3 

6 

12 

7 

10 

6 

1932 

1937 

29 

6 

18 

21 

14 

8 

16 

19 

8 

12 

27 

21 

20 

8 

16 

19 

4 

11 

16 

8 

14 

12 

1937 

1946 

118 

27 

20 

40 

26 

13 

12 

20 

27 

13 

58 

45 

75 

4 

30 

35 

22 

23 

31 

19 

31 

20 

1946 

1947 

100 

25 

36 

57 

35 

14 

23 

29 

22 

26 

76 

61 

119 

7 

30 

54 

34 

38 

46 

23 

32 

35 

1947 

1948 

91 

8 

31 

72 

42 

16 

19 

32 

25 

19 

83 

57 

78 

4 

48 

67 

30 

27 

39 

17 

31 

25 

1948 

1949 

96 

19 

26 

71 

50 

22 

21 

29 

20 

25 

74 

67 

73 

6 

37 

63 

30 

20 

37 

20 

36 

30 

1949 

1950 

113 

25 

39 

87 

71 

17 

31 

49 

22 

28 

89 

91 

67 

8 

55 

52 

21 

26 

45 

23 

42 

34 

1950 

1951 

118 

31 

46 

86 

71 

18 

35 

85 

22 

31 

126 

97 

87 

8 

95 

68 

35 

31 

64 

35 

51 

51 

1951 

12-Mths.  ending 
Sept.  1952 

117 

46 

40 

67 

71 

21 

19 

53 

20 

20 

102 

70 

73 

6 

29 

48 

32 

22 

59 

31 

54 

45 

12-Mths.  ending 
Sept.  1952 

Monthly 
1951— May 

10.3 

4.6 

6.2 

10.4 

6.2 

1.0 

5.6 

9.4 

1.6 

2.8 

10.3 

12.6 

8.2 

.6 

9.7 

6.6 

4.0 

2.6 

6.8 

2.8 

4.2 

5.0 

Monthly 
May— 1951 

June 

10.3 

4.7 

3.5 

9.2 

5.1 

1.2 

3.6 

8.0 

1.3 

3.1 

8.9 

7.1 

6.2 

.6 

9.9 

5.5 

3.2 

4.0 

4.8 

2.6 

3.8 

5.3 

July 

11.7 

2.0 

2.3 

8.4 

5.4 

1.2 

2.4 

6.6 

1.4 

2.6 

11.5 

3.3 

6.5 

.6 

14.8 

6.6 

3.1 

4.8 

4.9 

2.7 

4.1 

4.9 

July 

Aug. 

11.3 

.6 

2.1  • 

14.2 

4.6 

1.2 

1.1 

7.1 

.7 

2.2 

10.1 

3.7 

6.3 

.6 

11.6 

6.5 

2.8 

2.8 

4.9 

2.8 

4.4 

4.3 

Aug. 

Sept. 

8.7 

.5 

2.1 

9.9 

4.3 

1.4 

1.1 

4.0 

.9 

1.9 

10.2 

4.3 

4.6 

.5 

6.6 

5.0 

2.2 

2.2 

5.1 

2.6 

4.5 

3.5 

Sept. 

Oct. 

9.4 

1.9 

4.0 

9.6 

6.1 

2.3 

1.4 

4.7 

1.0 

2.0 

12.9 

5.3 

5.3 

.5 

2.4 

4.4 

2.4 

1.7 

4.6 

3.5 

5.0 

4.0 

Oct. 

Nov. 

9.9 

2.7 

5.6 

5.8 

7.2 

2.0 

.9 

3.7 

.8 

1.6 

11.5 

10.6 

5.4 

.4 

2.0 

3.5 

2.0 

3.0 

4.5 

3.4 

4.5 

3.7 

Nov. 

Dec. 

8.6 

3.4 

8.0 

3.7 

5.3 

2.2 

1.4 

4.3 

1.2 

1.2 

8.6 

7.8 

4.4 

.4 

2.0 

2.8 

1.6 

1.2 

4.9 

2.7 

4.0 

3.0 

Dec. 

1952— Jan. 

7.0 

4.4 

1.7 

2.9 

7.0 

1.8 

1.8 

5.8 

2.6 

1.3 

10.5 

10.3 

5.8 

.5 

2.1 

4.0 

2.3 

1.8 

5.6 

2.7 

5.0 

3.8 

Jan.— 1952 

Feb. 

7.1 

3.7 

2.3 

2.7 

6.8 

1.1 

2.3 

4.5 

2.3 

1.7 

9.3 

6.0 

6.1 

.5 

2.4 

4.2. 

2.6 

1.9 

6.1 

2.5 

4.0 

3.8 

Feb. 

Mar. 

7.8 

5.0 

1.5 

3.4 

6.3 

1.4 

2.2 

5.0 

1.3 

1.8 

7.8 

7.4 

7.2 

.6 

1.2 

4.1 

2.8 

1.8 

4.9 

2.3 

4.7 

4.0 

Mar. 

Apr. 

8.5 

6.0 

2.4 

5.2 

5.5 

1.6 

1.6 

3.7 

1.8 

1.6 

6.9 

6.2 

7.3 

.5 

2.6 

4.3 

3.0 

2.0 

4.5 

2.2 

4.5 

3.6 

Apr. 

'May 

12.3 

7.1 

3.1 

7.7 

5.9 

1.4 

1.5 

4.0 

1.8 

1.6 

9.1 

3.9 

6.6 

.5 

3.2 

3.6 

2.8 

2.4 

6.3 

2.6 

4.6 

3.7 

May 

June 

10.4 

6.0 

2.5 

5.9 

4.5 

1.2 

1.4 

4.1 

1.8 

1.5 

6.8 

3.6 

5.4 

.5 

2.6 

3.3 

2.6 

1.6 

4.1 

2.0 

3.6 

2.9 

June 

July 

12.6 

4.4 

4.0 

7.4 

5.2 

1.6 

1.7 

4.6 

1.2 

1.7 

6.8 

2.2 

6.3 

.5 

2.4 

4.7 

2.7 

2.0 

5.3 

2.3 

4.8 

3.3 

July 

Aug. 

11.4 

.8 

1.8 

5.0 

5.1 

1.7 

1.6 

4.1 

2.1 

2.0 

5.4 

2.2 

6.0 

.5 

3.4 

5.1 

3.5 

1.0 

3.6 

2.2 

42 

4.1 

Aug. 

Sept. 

11.7 

.8 

2.3 

8.0 

6.1 

2.3 

1.4 

4.4 

1.8 

2.0 

6.7 

4.5 

6.7 

.7 

2.4 

4.6 

4.0 

2.0 

4.3 

2.4 

5.1 

4.8 

Sept. 

Chemicals 

Pigs,  Ingots 

Sheets, 

Castings 

Engines, 

Farm 

Machinery 

Motor 

Other 

Coal 

Petroleum 

Other 
Non- 
metallic 
Minerals 

All 

Totals) 
Imports 

and 

Iron 

Blooms 

Plates, 

Loco- 

Implements 

(except 

Vehicles 

Iron 

Bauxite 

Electrical 

and 

Glass 

Other 

Allied 
Products 

Ore 

and 
Billets 

Rails 

Hoop,  Band 
and  Strip 

Steel 

Forgings 

motives 
and  Boilers 

and 
Machinery 

agri- 
cultural) 

and 
Parts 

and 
Steel 

Ore 

Products 

Apparatus 

Metals 

Products 

Products 

Imports 

Calendar  Years 

1929 

40 

5 

3 

12 

37 

15 

6 

18 

32 

70 

85 

60 

3 

3 

37 

48 

64 

77 

11 

35 

75 

1,299 

1929 

1932 

28 

_ 

- 

1 

11 

1 

2 

6 

2 

16 

13 

14 

2 

1 

8 

11 

35 

43 

5 

13 

33 

453 

1932 

1937 

37 

5 

1 

5 

37 

4 

3 

11 

17 

46 

49 

33 

4 

3 

16 

25 

42 

59 

9 

27 

48 

809 

1937 

1946 

93 

6 

1 

8 

38 

8 

7 

29 

68 

130 

106 

89 

9 

6 

48 

58 

133 

123 

23 

53 

119 

1,864 

1946 

1947 

113 

13 

2 

12 

48 

18 

9 

44 

105 

206 

178 

127 

9 

7 

69 

77 

154 

207 

29 

63 

159 

2,570 

1947 
1948 
1949 
1950 
1951 
12-Mths.  ending 
Sept.  1952 
Monthly 
May— 1951 
June 
July 
Aug. 
Sept. 
Oct 

1948 

118 

16 

6 

12 

54 

18 

10 

50 

140 

217 

132 

128 

10 

8 

62 

76 

206 

301 

26 

73 

115 

2,636 

1949 

131 

12 

6 

13 

67 

18 

13 

59 

177 

216 

167 

143 

10 

8 

70 

87 

157 

274 

25 

79 

157 
171 

2,760 
3,173 
4,083 

3,886 

404.7 
360.4 
370.6 
356.7 
311.0 

1950 

158 

17 

5 

11 

66 

16 

10 

55 

162 

226 

250 

163 

10 

10 

83 

113 

190 

307 

28 

86 

1951 

12-Mths.  ending 

Sept.  1952 

Monthly 

1951— May 

June 

192 

179 

18.5 

15.5 

23 

21 

1.3 
3.2 

16 

16 

.8 
.8 

26 

26 

1.8 
2.2 

108 

91 

9.7 
9.9 

39 

40 

4.0 
3.2 

14 

13 

1.3 
1.0 

88 

136 

7.6 
6.6 

195 
201 

21.5 

18.0 

329 

347 

31.8 

29.4 

271 

244 

30.6 
26.4 

224 

233 

22.9 

19.5 

15 

14 

1.2 
1.4 

20 

14 

2.0 
.8 

120 

126 

11.0 
10.3 

136 

124 

14.0 

12.5 

190 
177 

16.8 

17.8 

353 

333 

34.2 

30.1 

32 

25 

3.1 
2.7 

109 

104 

10.3 
10.6 
11.0 
11.0 
9.8 
9.3 
9.3 
7.5 

295 

375 

29.0 
26.9 
27.2 
31.7 
24.4 
27.4 
25.6 
20.3 

July 
Aug. 

16.9 
15.3 

3.7 
4.1 

.8 
1.8 

2.2 
2.3 

10.4 
9.4 

3.8 
3.5 

1.4 
1.2 

6.9 

5.7 

18.8 
19.6 

31.0 
•     27.7 

23.0 
15.1 

19.1 
19.3 

1.4 
1.8 

1.7 
1.3 

9.9 

11.2 

11.1 
12.9 

17.0 
18.6 

38.6 
34.4 

2.9 
2.6 
2.4 
2.6 
2.5 
1.8 

Sept. 

14.1 

3.3 

1.0 

3.1 

9.3 

4.0 

1.2 

7.8 

14.2 

26.0 

16.3 

16.8 

2.5 

1.0 

9.7 

7.7 

16.8 

33.5 

Oct. 

16.0 

4.0 

1.7 

3.2 

10.7 

4.3 

1.6 

8.6 

15.6 

28.0 

17.2     . 

20.1 

2.3 

2.0 

10.9 

11.1 

21.2 

31.9 

Nov. 

15.8 

1.7 

1.6 

2.8 

9.2 

4.1 

1.9 

8.9 

12.1 

28.2 

16.2 

18.4 

1.8 

2.6 

9.6 

11.4 

18.8 

28.5 

Dec. 

Dec. 

12.0 

.9 

2.5 

2.3 

7.1 

3.5 

.8 

9.0 

12.0 

24.3 

13.9 

15.0 

.6 

1.3 

8.4 

8.2 

13.0 

26.0 

1952— Jan. 

14.8 

.2 

1.3 

2.8 

9.9 

5.3 

.8 

11.2 

13.4 

27.4 

18.0 

17.5 

.5 

1.3 

10.7 

9.0 

13.8 

25.9 
20.7 
23.4 
22.7 
30.3 
25.7 
35.5 
28.4 
34.3 

2.0 
1.8 
2.0 
2.2 
2.5 
2.0 
2.0 
1.9 
2.2 

6.4 
6.9 
7.1 
7.3 
10.6 
8.8 
9.6 
10.1 
10.8 

24.2 
21  7 

307.0 
282.0 

Jan.— 1952 

Feb. 

Feb. 

14.2 

.2 

1.4 

2.7 

8.3 

3.9 

.8 

6.6 

16.3 

24.6 

19.4 

16.6 

.3 

1.2 

10.3 

8.7 

11.5 

31  4 

327.0 

Mar. 

16.0 

- 

2.2 

2.4 

8.8 

3.3 

1.1 

18.3 

18.8 

31.2 

22.8 

19.0 

.2 

1.0 

10.1 

12.0 

11.4 

34  6 

323.9 

Apr. 
May 
June 
July 
Aug. 
Sept. 

Apr. 

15.2 

.5 

1.3 

2.1 

8.7 

3.6 

1.1 

11.0 

22.0 

30.7 

23.4 

20.2 

.3 

1.0 

9.8 

10.3 

10.8 

37  9 

384.9 

May 

16.8 

2.7 

1.0 

2.6 

9.4 

4.5 

1.3 

18.8 

23.6 

34.4 

27.7 

24.0 

1.5 

.6 

11.9 

11.0 

16.2 

37  7 

324.0 

June 
July 

14.1 
14.7 

2.5 

.6 

.5 

.5 

1.8 
.8 

5.4 
2.9 

2.3 

1.1 

.9 
1.1 

11.3 
8.9 

20.5 
21.0 

32.1 
31.5 

245 
23.7 

19.0 
20.5 

1.7 
1.4 

1.0 
.6 

9.3 

11.3 

11.4 
11.7 

13.3 
15.5 

39.5 

37  7 

343.0 
302.4 

Aug. 
Sept. 

13.8 
15.8 

2.1 
5.8 

.8 
1.0 

1.3 
1.7 

3.7 
7.0 

1.8 
2.5 

1.0 
1.1 

11.8 
11.4 

14.4 
11.2 

26.1 
28.8 

14.7' 
22.9 

20.0 
23.1 

2.0 
1.6 

1.2 
.6 

10.2 
13.5 

9.2 
10.3 

13.6 

17.4 

36.7 

349.0 

(1)    Before  1935  import 
in  Council  (9213)  ac 

otals  are  sut 

stantially  ov 

er-valued  ow 

ng  to  inclusic 

n  of  U.K.  ex 

:ise  taxes  on 

spirits  import 

ed  from  that 

country. 

(2)  Imp 

jrts  from  the 

,ni'cd  Kins 

dom  do  not 

nclude  artid 

es  imported  for  the  use  of  the  armed  forces  of  the  United  Kmgdom.      In  the  years  1940 

nicies  free  under  Order 

209 


NOVEMBER  1952 


Millions  of  Dollars 


XI— EXPORTS  AND  IMPORTS  BY  COUNTRIES(1) 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 

MERCHANDISE  EXPORTS(2) 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Net 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Non- 
monetary 

U.S.A. 

U.K. 

Dependen- 

of 

Sterling 

Europe  & 

AND 

Other 

All 

Gold 

cies 

South 
Africa 

Area 
(3) 

Colonies 
(4) 

South 
America 

(5) 

Countries 

Exports 

Calendar  Years 

1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12Mths.  end'g 

Sept.  1952 

2,314 

768 

84 

44 

183 

466 

282 

183 

4,324 

147 

Monthly 

1951-June 

191.5 

55.5 

5.8 

4.8 

6.5 

35.9 

12.4 

10.7 

323.2 

13.8 

July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan. 

191.1 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.3 

Feb. 

175.8 

44.1 

8.3 

4.1 

15.7 

32.0 

27.7 

12.1 

319.9 

13.2 

Mar. 

190.0 

69.6 

8.6 

4.5 

19.7 

28.2 

24.1 

14.3 

359.0 

15.0 

Apr. 

182.8 

69.4 

6.5 

3.5 

15.3 

23.6 

26.6 

13.0 

340.8 

11.2 

May 

194.2 

96.4 

8.8 

4.3 

15.5 

40.6 

23.2 

12.2 

395.2 

8.5 

June 

197.0 

81.6 

6.8 

2.9 

14.0 

45.4 

21.1 

16.2 

385.0 

14.6 

July 

190.6 

68.0 

6.6 

1.8 

18.1 

46.7 

21.2 

20.8 

373.7 

14.9 

Aug. 

180.7 

63.1 

4.8 

2.2 

12.0 

47.2 

14.1 

13.8 

337.9 

9.6 

Sept. 

197.2 

41.2 

5.1 

3.6 

10.6 

46.1 

20.9 

20.4 

345.1 

12.8 

Oct.<7) 

210.9 

49.6 

377.4 

10.1 

Millions  of  Dollars 

MERCHANDISE  IMPORTS 

Excess  of 

TOTAL  I? 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 

OVER 

U.S.A. 

U.  K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Merch- 

(6) 

cies 

South 
Africa 

Area 
(3) 

Colonies 

(4) 

South 
America 

(S) 

Countries 

andise 
Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2,130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

12  Mths.  end'g 

Sept.  1952 

2,838 

343 

116 

4 

77 

160 

283 

65 

3,886 

435 

Monthly 

1951-June 

241.5 

39.9 

15.2 

.6 

14.9 

17.0 

23.4 

7.9 

360.4 

37.2 

July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec. 

203.1 

19.4 

8.4 

.3 

5.3 

9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan. 

228.7 

24.3 

8.1 

.2 

6.5 

11.8 

22.2 

5.1 

307.0 

24.1 

Feb. 

211.8 

21.3 

8.9 

.3 

7.7 

9.7 

18.7 

3.7 

282.0 

37.9 

Mar. 

253.5 

22.6 

6.5 

.4 

3.8 

12.5 

24.3 

3.3 

327.0 

32.0 

Apr. 

245.6 

28.4 

6.7 

.3 

6.1 

11.0 

21.6 

4.3 

323.9 

16.9 

May 

282.9 

32.1 

11.1 

.4 

8.8 

15.3 

27.3 

7.1 

384.9 

10.3 

June 

235.3 

31.3 

11.4 

.3 

5.1 

12.5 

23.2 

4.9 

324.0 

61.0 

July 

246.6 

33.9 

10.8 

.3 

5.7 

11.8 

27.7 

6.2 

343.0 

30.7 

Aug. 

212.8 

31.9 

8.8 

.6 

4.9 

12.4 

24.3 

6.7 

302.4 

35.5 

Sept. 

255.1 

31.4 

11.4 

.3 

7.8 

14.2 

21.9 

6.9 

349.0 

3.9 

Oct.*" 

280.0 

39.6 

380.0 

2.6 

(1)  Commencing  April  1,  1949.  external  trade  of  Newfoundland  is  included 
and  Canadian  trade  with  Newfoundland,  formerly  in  the  "All  Other" 
category,  disappears. 

(2)  Includes  exports  of  foreign  produce.  In  the  case  of  wheat  exports,  figures  are 
based  on  Board  of  Grain  Commissioners'  data  rather  than  Customs' 
clearances.  Excludes  defence  equipment  transferred  by  Canada  to  North 
Atlantic  Treaty  countries  which  in  1950  and  1951  amounted  to  56.8  and 
109.1  million  dollars  respectively. 

(3)  Consists  of  Eire,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 


Ceylon  and  Iraq.     Egypt  is  included  in  the  "All  Other"  category. 

(4)  Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

(5)  Includes  Egypt,  Spain.  Palestine,  and  also  Newfoundland  until  March  31, 
1949. 

(6)  Imports  from  the  United  Kingdom  do  not  include  articles  imported  for 
the  use  of  the  armed  forces  of  the  United  Kingdom.  In  the  years  1946  and 
1947  articles  admitted  free  under  Order  in  Council  (9213)  and  the  item 
"Canadian  Goods  Returned"  (9195)  are  excluded. 

(7)  Estimates 


NOVEMBER  1952 


210 


MERCHANDISE  TRADE 


MILLIONS  OF  DOLLARS 


EXPORTS 

MONTHLY-    TOTALS 


(l) 


MILLIONS  OF  DOLLARS 


DJFMAMJ    JASOND 


DJFMAMJJASOND 


DJFMAMJJASOND 
(1)  See  footnotes  to  table  on  facing  page. 

IMPORTS 

MILLIONS  OF  DOLLARS  MONTHLY    TOTALS 

500 


DJ         FMAMJ         JASOND 


(1) 


MILLIONS  OF  DOLLARS 


DJ    FMAMJJASOND 


DJFMAMJJASOND 


D        JFMAMJ        JASOND 
(1)  See  footnotes  to  table  on  facing  page. 


DJFMAMJJASOND 


3  3  £  •  i  o  5  ^s> 

0)2  26  f^-^-^) 

JAN    2  0   19»  \s    "To*? 


TATISTICAL  SUMMARY 

BANK  OF  CANADA 


Tables                                                                Charts  Pages 

I     Bank  of  Canada  : 

Liabilities  and  Assets .  211-212 

II     Chartered  Banks: 

Liabilities  and  Assets 211-212 

III  General  Public  Holdings  of  Certain  Liquid  Assets 213-214 

Chartered  Banks:  Public  Savings  Deposits 215 

IV  Government  Bond  Yields:  Canada,  U.K.  and  U.S. A 215 

V    Government  Bond  Yields  and  Treasury  Bill  Rates 216 

Yields  of  Government  Bonds:  Canada,  U.K.  and  U.S.A.   .        .        .  216 

VI    Official  Holdings  of  Gold  and  U.S.  Dollars 217 

VII     International  Sales  and  Purchases  of  Securities 217 

VIII     Foreign  Exchange  Rates 218 

United  States  Dollar  in  Canadian  Funds 218 

IX    Public  Finance:  Municipalities: 

Outstanding  Debt 219 

Current  Revenue  and  Expenditure 220 

X    Business  Activity 221 

XI     Newsprint:  North  America 221 

XII     Consumer  Credit  Outstanding 222 

Consumer  Credit  Outstanding 222 

XIII  Earnings  and  Hours  Worked  in  Certain  Industries 223 

XIV  Labour  Force  Status  of  the  Population 224 

XV    Wholesale  Prices 224 

XVI     Consumer  Price  Index 225 

XVII    Exports  and  Imports:  Indexes  of  Total  Value,  Unit  Value  and 

Physical  Volume 225 

XVIII     Merchandise  Trade:  Exports  and  Imports  by  Countries    ....  226 

XIX    Merchandise  Exports:  Commodity  Classification  by  Value      .       .       .  227-228 


TABLES  AND  CHARTS  MAY   BE   REPRODUCED  OR  REFERRED  TO  PROVIDED  THAT  THE   BANK   OF 
CANADA   STATISTICAL   SUMMARY,   WITH   ITS   DATE,   IS  SPECIFICALLY   QUOTED  AS  THE     SOURCE. 

Tables  and  charts  refer  to  Canada  unless  otherwise  stated.  Most  of  the  figures  in  the  Summary  are,  for  want  of  space,  given  to  a 
certain  degree  of  approximation  only.  Where  this  is  the  case  a  total  does  not  necessarily  equal  the  sum  of  its  constituent  items. 
Subscription:   25c   per   copy,    post   free.      For   particulars   apply   to   the   Research   Department,    Bank   of  Canada,   Ottawa. 


DECEMBER  1952 


211 


DECEMBER  1952  DECEMBER  1952 

I— BANK  i  OF  CANADA 


212 


Millions  of  Dollars 

| 

Millions  of  Dollars 

LIABILITIES 

1 

ASSETS 

Chartered  Bank  Cash 

Govt,  of 
Canada 
Deposits 

Other 
Deposits 

Foreign 
Currency 
Deposits'" 

Active 

B.  of  C. 

Note 

Circulation 

All 

Other 

Accounts 

Total 
Liabilities '       QqJj 
or 

Assets     1 

Silver 

Foreign*" 
Exchange 

Securities 

Advances 

All 

Other 

Accounts 

Notes 
in  Tills 

Deposits 

at 
B.ofC. 

Total 

Govt,  of  Canada 
and  Provincial 

Ind.  Dev. 

Bank 
Cap.  Stock 

Other 
Securities 

Total 

Under  2  yrs. 

Over  2  yrs. 

As  at  Dec.  31 

1935 

40.6 

181.6 

222.2 

17.9 

.8 

_ 

59.1 

7.7 

307.7           180.5 

1.6 

4.2 

30.9 

83.4 

_ 

114.3 

3.5 

3.5 

As  at  Dec.  31 
1935 

1937 

53.9 

196.0 

249.9 

11.1 

3.5 

- 

111.4 

14.4 

390.3           179.8 

3.0 

14.9 

82.3 

91.6 

- 

12.2 

186.1 

6.5 

1937 

1939 

70.6 

217.0 

287.6 

46.3 

17.9 

- 

162.2 

13.3 

527.2           225.7 

1          * 

~ 

64.3 

181.9 

49.9 

- 

- 

231.8 

- 

5.5 

1939 

1946 

176.9 

565.5 

742.3 

60.5 

93.8 

1.0 

1,009.3 

41.7 

1,948.6 

- 

1.0 

1,197.4 

708.2 

15.0 

_ 

1,920.6 

27.1 

1946 

1947 

183.9 

536.2 

720.1 

68.8 

67.5 

2.0 

1,027.5 

40.4 

1,926.2     , 

- 

2.0 

1,022.0 

858.5 

25.0 

- 

1,905.6 

_ 

18.7 

1947 

1948 

190.8 

547.3 

738.1 

98.1 

81.0 

.4 

1,098.3 

42.7 

2,058.6     1 

- 

.5 

1,233.7 

779.1 

25.0 

- 

2,037.7 

_ 

20.4 

1948 

1949 

211.8 

541.7 

753.5 

30.7 

126.9 

79.6 

1,095.6 

39.5 

2,125.9    i 

- 

74.2 

1,781.4 

227.8 

25.0 

5.5 

2,039.7 

_ 

12.0 

1949 

1950 

231.3 

578.6 

809.9 

24.7 

207.1 

133.6 

1,136.1 

39.0 

2,350.3 

- 

111.7 

1,229.3 

712.5 

25.0 

247.9 

2,214.7 

- 

24.0 

1950 

1951 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

~ 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

1951 

End  of 

1951—  Aug. 

Sept. 

189.7 

580.4 

770.1 

115.0 

185.7 

143.0 

1,181.0 

62.8 

2,457.6 

- 

100.1 

1,349.6 

888.1 

25.0 

44.1 

2,306.9 

_ 

50.6 

End  of 
Aug.— 1951 

195.2 

579.4 

774.6 

105.6 

140.0 

116.3 

1,192.8 

38.5 

2,367.8 

- 

87.1 

1,297.6 

896.1 

25.0 

31.2 

2,249.9 

- 

30.8 

Sept. 

Oct. 

232.2 

588.3 

820.6 

210.3 

83.3 

102.1 

1,174.3 

62.9 

2,453.4 

- 

96.6 

1,317.5 

956.4 

25.0 

8.2 

2,307.1 

- 

49.7 

Oct. 

Nov. 

195.1 

633.8 

828.9 

66.0 

92.5 

135.1 

1,212.1 

54.4 

2,388.9 

- 

128.9 

1,137.8 

1,043.1 

25.0 

18.8 

2,224.6 

- 

35.4 

Nov. 

Dec. 

273.1 

619.0 

892.1 

94.9 

66.1 

155.6 

1,191.1 

44.4 

2,444.1 

_ 

117.9 

1,141.8 

1,049.3 

25.0 

89.0 

2,305.1 

- 

21.0 

Dec. 

1952— Jan. 

222.4 

629.2 

851.6 

92.8 

54.9 

99.5 

1,153.2 

53.9 

2,306.0 

- 

85.4 

1,095.4 

1,042.6 

25.0 

24.3 

2,187.2 

_ 

33.3 

Jan.—  1952 

Feb. 

175.6 

616.7 

792.3 

88.5 

52.1 

84.7 

1,198.8 

27.8 

2,244.3 

- 

70.4 

1,058.1 

1,027.6 

25.0 

27.3 

2,138.0 

- 

35.9 

Feb. 

Mar. 

207.5 

656.5 

864.0 

14.6 

66.1 

68.5 

1,185.7 

30.1 

2,229.0     | 

- 

60.2 

1,179.9 

882.2 

25.0 

11.7 

2,098.8 

- 

70.0 

Mar. 

Apr. 

234.8 

645.7 

880.5 

14.3 

41.7 

77.5 

1,177.0 

31.5 

2,222.5 

- 

72.4 

1,191.5 

874.7 

25.0 

21.6 

2,185.1 

- 

37.4 

Apr. 

May 

190.6 

579.4 

770.0 

21.9 

44.6 

82.8 

1,226.8 

34.3 

2,180.4 

— 

78.4 

1,203.6 

824.6 

25.0 

11.2 

2,064.5 

- 

37.5 

May 

June 

219.6 

578.0 

797.6 

26.8 

48.5 

48.4 

1,222.2 

45.6 

2,189.0 

- 

43.9 

1,251.3 

817.8 

25.0 

11.1 

2,105.3 

- 

39.9 

June 

July 

235.3 

595.5 

830.7 

51.6 

41.6 

70.0 

1,223.0 

41.3 

2,258.2 

- 

63.1 

1,280.0 

843.9 

25.0 

11.1 

2,160.1 

- 

35.1 

July 

Aug. 

197.4 

614.7 

812.1 

52.0 

47.4 

82.1 

1,267.0 

40.0 

2,300.7 

- 

75.0 

1,303.2 

852.9 

25.0 

11.0 

2,192.2 

- 

33.5 

Aug. 

Sept. 

238.1 

588.2 

826.3 

30.7 

49.4 

78.8 

1,238.4 

55.1 

2,278.9     , 

- 

73.6 

1,263.7 

870.9 

25.0 

11.0 

2,170.6 

- 

34.6 

Sept. 

Oct. 

194.6 

668.8 

863.4 

18.8 

56.0 

48.4 

1,291.0 

51.4 

2,329.0 

- 

42.9 

1,286.7 

896.1 

25.0 

35.8 

2,243.6 

- 

42.5 

Oct. 

Nov. 

204.9 

607.3 

812.2 

15.0 

65.1 

73.5 

1,293.9 

51.8 

2,311.4     | 

1 

— 

67.6 

1,214.3 

957.3 

25.0 

12.4 

2,208.9 

" 

34.8 

Nov. 

(I)  Includes  foreign  exchange  itemB  for  foreign  clients  and  also  the  Government  of  Canada  and,  commencing  March  31,  1949,  the  Exchange  Fund  Account.         -k  Since'  May  1940  the  minimum  gold  reserve  requirement  has  been  in  suspense. 


II 


Millions  of  Dollars 


-CHARTERED  BANKS 

Bank  of  Canada 


Millions  of  Dollars 


As  at  Dec.  31 
1929 
1932 
1937 
1949 
1950 
1951 
End  of 
1951— Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1952— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 


LIABILITIES 


Notes 


175 

127 

102 

14 


Deposits 


Demand 


729 

466 

699 

2,426 

2,770 

2,963 

2,675 
2,651 
2,907 
2,936 
2,963 

2,703 
2,704 
2,824 
2,889 
2,851 
2,987 
2,885 
2,895 
3,026 
3,068 
3,106 


Notice 


Govt,  of 

Canada 

and  Prov. 


1,434 
1,378 
1,583 
4,433 
4,558 
4,612 

4,583 
4,595 
4,575 
4,616 
4,612 

4,639 
4,685 
4,748 
4,757 
4,769 
4,792 
4,836 
4,870 
4,901 
4,901 
4,916 


92 

72 

53 

367 

500 

322 

409 
391 
270 
276 
322 

363 

372 
407 
340 
360 
341 
359 
311 
264 
351 
269 


Canadian 
Deposits 


2,270 
1,928 
2,387 
7,348 
7,997 


7,799 
7,724 
7,913 
8,015 


7,846 
7,918 
8,090 
8,115 
8,078 
8,273 
8,252 
8,241 
8,395 
8,529 
8,501 


Foreign 


Total 
Deposits 


442 
329 
409 
730 
735 
795 


769 
784 
784 
795 

762 

758 
778 


838 
847 


2,820 
2,306 
2,819 
8,177 
8,867 
9,003 

8,775 
8,674 
8,833 
8,927 
9,003 

8,730 
8,799 
9,008 
9,062 
9,037 
9,261 
9,165 
9,160 
9,333 
9,445 
9,435 


ASSETS 


Cash 
in    o) 
Canada 


228 
211 
250 
753 
810 
892 

770 

775 
821 
829 


852 
792 
864 
881 
770 
798 
831 
812 
826 
863 
812 


Securities 


Govt,  of 
Canada 


Prov- 
incial 


297 

562 

1,111 

3,112 

3,079 

2,754 

2,679 
2,734 
2,726 
2,744 
2,754 

2,819 
2,884 
2,939 
2,917 
2,968 
2,953 
3,029 
3,024 
3,028 
2,991 
2,839 


445 
416 
355 

355 
353 
342 
357 
355 

339 
330 
325 
310 
315 
306 
309 
326 
368 
380 
392 


Foreign 
Govt. 


Other    Total 


151 
216 


59 
242 
193 
200 

210 
208 
226 
214 
200 

214 
233 
284 
291 
266 
256 
249 
244 
262 
233 
230 


242 
545 
599 
567 

588 
581 
582 
578 
567 

556 
556 
547 
550 
552 
553 
548 
545 
545 
543 
545 


448 
778 
1,411 
4,345 
4,286 
3,876 

I  3,832 
3,876 
3,876 
3,894 

..     3,876 


3,927 
4,003 
4,095 
4,068 
4,100 
4,067 
4,135 
4,139 
4,202 
4,147 
4,006 


Loans 


262 
103 
76 
133 
134 
107 

90 
107 
111 

96 
107 

107 
95 
97 

140 
132 
138 
145 
147 
135 
130 
121 


1,403 
964 
749 
2,174 
2,651 
2,901 

2,912 
2,901 
2,893 
2,975 
2,901 

2,827 
2,788 
2,797 
2,800 
2,845 
2,892 
2,928 
2,927 
2,979 
3,096 
3,243 


122 
140 
113 
97 
125 
127 

161 

144 
141 
149 
127 

128 
130 
152 
161 
167 
156 
125 
121 
114 
116 
108 


245 
91 
60 
70 
100 
131 

119 
131 
82 
90 
131 


94 
85 
138 
156 
155 
167 
135 
110 
145 
156 


251 
152 
166 
211 
247 
278 

262 
273 
290 
285 
278 

276 

276 
280 
279 
287 


255 
265 
263 
273 


Total 

Assets 


3,521 
2,852 
3,281 
8,718 
9,496 
9,610 

9,378 
9,276 
9,440 
9,544 
9,610 

9,343 
9,409 
9,613 
9,672 
9,634 
9,847 
9,737 
9,728 
9,907 
10,042 
10,038 


DAILY  AVERAGE  DATA 

Cash 

Percent 

Total 

Canadian 

of  Cask  to 

Active 

in    (j) 
Canada 

Deposits 
(i) 

Canadian 
Deposits 

Note  (5) 
Circulation 

Average  of 

Daily  Figures 

191 

2,293 

8.3 

205 

1929 

172 

1,955 

8.8 

158 

1932 

240 

2,357 

10.2 

200 

1937 

746 

7,178 

10.4 

1,087 

1949 

755 

7,487 

10.1 

1,085 

1950 

791 

7,759 

10.2 

1,132 

1951 

795 

7,686 

10.3 

1,141 

Aug.— 1951 

805 

7,680 

10.5 

1,152 

Sept. 

804 

7,743 

10.4 

1,164 

Oct. 

867 

7,874 

11.0 

1,174 

Nov. 

860 

7,890 

10.9 

1,203 

Dec. 

877 

7,830 

11.2 

1,146 

Jan.— 1952 

839 

7,754 

10.8 

1,150 

Feb. 

846 

7,851 

10.8 

1,169 

Mar. 

848 

7,989 

10.6 

1,182 

Apr. 

834 

8,063 

10.3 

1,185 

May 

789 

8,096 

9.7 

1,199 

June 

848 

8,208 

10.3 

1,212 

July 

848 

8,200 

10.3 

1,222 

Aug. 

855 

8,183 

10.5 

1,231 

Sept. 

868 

8,393 

10.3 

1,246 

Oct. 

848 

8,443 

10.0 

1,255 

Nov. 

(4)    Figures  given  are  averages  of  estimated  month- 


end  SSSStadTpo1*.^  inter-bank  deposits.  (3)  Until  March  193S.  Gold  and  Coin  in  Canada.  Dominio„  NoteS  and  "Free"  Central  Gold  Reserve  Deposits:  after  that  date.   Bank  of  Canada  Notes  and  Deposits  ...       . .   -       - 

January  1950:  liability  for  outstanding  notes  issued  for  circulation  it !  Canada  transferred  to  Bank  o^C^daTuring^anuaryT^O  ^  a"d  Un'U  Ja"Uary  '95°  d,artered  bank  n°te  ^culation,  the  latter  being,  after  September  1944.  an  approximate  figure  only.  «.>      ^    s  ..- - 


213 


Millions  of  Dollars 


DECEMBER  1952  DECEMBER  1952 

III— GENERAL  PUBLIC  HOLDINGS    OF  CERTAIN  LIQUID  ASSETS*t 
Currency,  Bank  Deposits  and   Government  of  Canada  Securities 

Bank  of    Canada 


214 


Millions  of  Dollars 


1.  CANADIAN  DOLLAR  CURRENCY  AND  BANK  DEPOSITS  HE  LP  BY  THE  GENERAL  PUBLIC,  AND  RELATED  BANK  ASSETS 


Currency  and  Active  Bank  Deposits 


Currency 
Outside  Banks 


Notes 


1,110 
1,136 
1,191 

1,174 
1,212 
1,191 

1,153 
1,199 
1,186 
1,177 
1,227 
1,222 
1,223 
1,267 
1,238 
1,291 
1,294 


Coin 


74 
78 
84 


84 
84 


83 

84 
83 
85 
85 
84 
86 
85 


Total 


1,184 
1,214 
1,275 

1,256" 
1,296 
1,275  ' 

1,235 

1,282 

1,270'- 

1,260 

1,312 

1,307- 

1,307 

1,353 

1,323^ 

1,379 

1,383 


Active  Bank  Deposits1 


Chartered  Banks 


Public 
Demand 


2,426 
2,770 
2,963 

2,907 
2,936 
2,963  •- 

2,703 

2,704 

2,824 

2,889 

2,851    _ 

2,987^" 

2,885 

2,895 

3,026 

3,068 

3,106 


Active 
Notice 


682 
697 
717 

713 
712 
717 

748 
758 
770 
768 
770 
773 
774 
779 
787 
788 
790 


Other 

excl. 
Govt,  of 
Canada 


338 
413 
449 

380 
398 
449 

412 

451 
422 
418 
352 
396 
352 
336 
407 
441 
403 


Total 


3,446 
3,880 
4,129 

4,000 
4,046 
4,129 

3,863 
3,913 
4,016 
4,075 
3,973 
4,156 
4,011 
4,010 
4,220 
4,297 
4,299 


Less 
Float 


335 
450 
627 

544 
552 
627 

456 
517 
551 

528 
518 
642 
488 
523 
577 
589 
618 


Net 
Total 


3,111 
3,430 
3,502 

3,456 
3,494 
3,502 

3,407 
3,396 
3,465 
3,547 
3,455 
3,514 
3,523 
3,487 
3,643 
3,708 
3,681 


Bank  of 
Canada 
"Other" 
Deposits 


127 
207 


83 
93 


55 
52 
66 
42 
45 
49 
42 
47 
49 
56 
65 


Total 


3,238 
3,637 
3,568 

3,539 
3,587 
3,568 

3,462 
3,448 
3,531 
3,589 
3,500 
3,563 
3,565 
3,534 
3,692 
3,764 
3,746 


Inactive'2) 
Total       Chartered 
Currency       Bank 


and 

Active 

Bank 

Deposits 


Notice 
Deposits 


4,422      i       3,751 
4,851  3,861 

4,843  3,894 


4,795 
4,883 
4,843 

4,697 
4,730 
4,801 
4,849 
4,812 
4,870 
4,872 
4,887 
5,015 
5,143 
5,129 


3,862 
3,904 
3,894 

3,891 
3,926 
3,978 
3,989 
3,999 
4,019 
4,062 
4,091 
4,114 
4,113 
4,125 


Total 

Currency 

and 

Bank 

Deposits 

Total 

Related 

Bank 

Assets 


8,173 
8,712 
8,737 

8,657 
8,787 
8,737 

8,588 
8,656 
8,779 
8,838 
8,811 
8,889 
8,934 
8,978 
9,129 
9,255 
9,254 


Related  Bank  Assets 


Government  of  Canada  debt 

held  by  Bank  of  Canada 

and  Chartered  Banks 


Total 


5,121 
5,021 
4,945 

5,000 
4,925 
4,945 

4,957 
4,970 
5,001 
4,983 
4,996 
5,022 
5,153 
5,180 
5,163 
5,174 
5,011 


Less  Govt. 
Deposits 


181 
280 
160 

261 
130 
160 

185 
166 
111 

65 
129 
125 
230 
193 

92 
138 

92 


Net 
Total 


4,940 
4,741 
4,785 

4,739 
4,795 
4,785 

4,772 
4,804 
4,890 
4,918 
4,867 
4,897 
4,923 
4,987 
5,071 
5,036 
4,919 


Other  Related  Bank  Assets'3' 


Chartered  Bank  Can.  Loans 
and  non-Govt.  Securities 


Canadian 
Loans 

(6) 


2,404 
2,910 
3,136 

3,144 
3,219 
3,136 

3,062 
3,013 
3,047 
3,101 
3,144 
3,186 
3,198 
3,195 
3,228 
3,343 
3,471 


Non-Govt. 
Securities 


1,015 
922 

924 
935 
922 

895 
886 
872 


858 
856 
870 
913 
923 
937 


Total 


3,394 
3,925 
4,057 

4,068 
4,155 
4,057 

3,956 
3,899 
3,918 
3,960 
4,010 
4,044 
4,055 
4,066 
4,140 
4,266 
4,408 


Bk.  of  Can. 

Gold  and 

Exchange 

holdings 

(net) 


226 

49 

1 
11 
49 

7 
10 

13 
3 
3 


2 

26 
1 


All 
Other 
(net) 


161 
180 
154 

151 
174 
154 

147 
63 
28 
53 
69 
55 
43 
75 
84 
72 
74 


Total 


3,233 
3,971 
3,952 

3,918 
3,992 
3,952 

3,816 
3,852 
3,890 
3,920 
3,944 
3,992 
4,012 
3,991 
4,058 
4,219 
4,335 


as  at  Dec.  31 
1949 
1950 
1951 

End  of 

Oct.— 1951 

Nov. 

Dec. 

Jan.— 1952 

Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 


2.  GOVERNMENT  OF  CANADA  SECURITIES 


Outstanding"' 


Direct  Funded  Debt 


Unmatured 


Special 
Banking 
Issues'9' 


1,200 
1,500 
1,400 

1,400 
1,400 
1,400 

1,400 
1,400 
1,400 
1,400 
1,400 
1,400 
1,500 
1,500 
1,500 
1,500 
1,400 


Other 
market 
Issues 


12,755 
12,586 
12,225 

12,525 
12,225 
12,225 

12,225 
12,173 
12,173 
12,173 
12,173 
12,173 
12,173 
12,172 
12,172 
12,172 
12,021 


Non- 
market 
Debt""' 


1,227 
1,218 
1,194 

973 

1,216 
1,194 

1,176 
1,162 
1,140 
1,102 
1,081 
1,061 
1,044 
1,029 
1,011 
1,032 
1,273 


Total 


15,182 
15,304 
14,819 

14,898 
14,841 
14,819 

14,801 
14,735 
14,713 
14,675 
14,654 
14,634 
14,717 
14,701 
14,683 
14,704 
14,694 


Matured 

and 

out- 
standing 


53 
51 
21 

23 
22 
21 

19 
23 
23 
22 
21 
21 
21 
20 
19 
19 
19 


Total 


15,235 
15,355 
14,840 

14,921 
14,863 
14,840 

14,820 
14 ,758 
14,736 
14,697 
14,675 
14,655 
14,738 
14,721 
14,702 
14,722 
14,713 


Guar- 
anteed 

Un- 
matured 
Funded 
Debt 


Exchange 
rate  ad- 
justment 
(ii) 


548 
577 
529 

529 
529 
529 

529 
529 
529 
529 
529 
529 
529 
528 
528 
528 
528 


36 

2 

27 


7 
27 

33 
33 
39 
40 
40 
44 
46 


45 
41 


•fc    The  term  General  Public  refers  to  holdings  of  residents  as  well  as  non- 
residents; for  an  approximate  division  between  resident  and  non-resident 
holdings  on  a  quarterly  basis  see  Table  III,  page  181. 
For  a  division  of  resident  holdings  between  corporate  and  non-corporate 
holdings  as  at  year  ends  see  Table  III-B.  pages  145-146. 

t  Chartered  banks'  Newfoundland  branches  have  been  included  since 
April  1.  1949. 

(1)  Total  Canadian  dollar  deposits  of  the  chartered  banks  and  the  Bank  of 
Canada  less:  (a)  Inactive  chartered  bank  notice  deposits  which  consist  of 
the  estimated  aggregate  minimum  quarterly  balances  in  chartered  banks' 
personal  savings  deposits  in  Canada  plus  non-personal  notice  deposits  in 
Canada;  (b)  Float,  i.e.  cheques  on  other  banks  as  shown  in  chartered  bank 


Total 

(including 
exchange 
rate  adjust- 
ment) 


15,819 
15,934 
15,342 

15,446 
15,385 
15,342 

15,316 
15,254 
15,226 
15,186 
15,164 
15,140 
15,221 
15,201 
15,182 
15,205 
15,199 


Bank 

of 

Canada 


2,009 
1,942 
2,191 

2,274 
2,181 
2,191 

2,138 
2,086 
2,062 
2,066 
2,028 
2,069 
2,124 
2,156 
2,135 
2,183 
2,172 


Distribution'1" 


Chartered 
Banks 


3,112 
3,079 
2,754 

2,726 
2,744 
2,754 

2,819' 

2,884 

2,939 

2,917 

2,968 

2,953 

3,029 

3,024 

3,028 

2,991 

2,839 


month-end  returns  to  the  Minister  of  Finance;  (c)  Canadian  dollar  deposits 
ot  the  Government  of  Canada  at  the  chartered  banks  and  the  Bank  of 
Canada  (shown  in  "Related  Bank  Assets"  section);  (d)  Canadian  dollar 
,.,,    gepos'ts  of  the  chartered  banks  at  the  Bank  of  Canada. 

(2)  See  footnote  (l)a. 

(3)  Net   assets  of   the  chartered   banks  and   Bank   of   Canada   other   than 
Government  of  Canada  Securities. 

(4)  See  footnote  (l)c. 

(5)  For  estimated  quarterly  dassihcation  of  Canadian  loans  see  Table  IV, 
page  163. 

(6)  Provincial,  Municipal  and  "Other"  securities. 

(7)  Net  of  all  related  asset  and  liability  items  of  the  chartered  banks  and  Bank 


Govern- 
ment 
Accounts 


796 

847 

1,009 

932 

966 

1,009 

1,002 
1,002 
1,005 
1,007 
1,013 
1,028 
1,040 
1,052 
1,071 
1,083 
1,096 


General 
Public 


9,902 
10,066 
9,388 

9,514 
9,494 
9,388 

9,357 
9,282 
9,220 
9,196 
9,155 
9,090 
9,028 
8,969 
8,948 
8,948 
9,092 


3 

TOTAL  OF  CERTAIN  LIQUID  ASSETS  HELD  BY  THE  GENERAL  PUBLIC, 

AND  RELATED  FACTORS 

Liquid  Assets 

Total 
Liquid 

Related  Factors"" 

Bank 

Assets 

other  than 

Govt,  of 

Canada 

Securities 

<n> 

Currency 

and 

Active 

Bank 

Deposits 

Inactive 

Govt,  of  Canada 

Assets 

Govt,  of 

Char- 
tered 
Bank 
Notice 
Deposits 

Securities 

Total 
Related 
Factors 

Can.  Debt 
less  Govt. 
Deposits  & 
holdings  of 
Govt.Accts 

Market 
Issues 

(18) 

Non- 
market 

(10) 

Total 

as  at  Dec.  31 

4,422 

3,751 

8,675 

1,227 

9,902 

18,075 

3,233 

14,842 

1949 

4,851 

3,861 

8,848 

1,218 

10,066 

18,778 

3,971 

14,807 

1950 

4,843 

3,894 

8,194 

1,194 

9,388 

18,125 

3,952 

14,173 

1951 

End  of 

4,795 

3,862 

8,541 

973 

9,514 

18,171 

3,918 

14,253 

Oct.— 1951 

4,883 

3,904 

8,278 

1,216 

9,494 

18,280 

3,992 

14,289 

Nov. 

4,843 

3,894 

8,194 

1,194 

9,388 

18,125 

3,952 

14,173 

Dec. 

4,697 

3,891 

8,181 

1,176 

9,357 

17,945 

3,816 

14,129 

Jan.— 1952 

4,730 

3,926 

8,120 

1,162 

9,282 

17,938 

3,852 

14,086 

Feb. 

4,801 

3,978 

8,080 

1,140 

9,220 

17,999 

3,890 

14,110 

Mar. 

4,849 

3,989 

8,094 

1,102 

9,196 

18,034 

3,920 

14,114 

Apr. 

4,812 

3,999 

8,074 

1,081 

9,155 

17,966 

3,944 

14,022 

May 

4,870 

4,019 

8,029 

1,061 

9,090 

17,979 

3,992 

13,987 

June 

4,872 

4,062 

7,984 

1,044 

9,028 

17,962 

4,012 

13,951 

July 

4,887 

4,091 

7,940 

1,029 

8,969 

17,947 

3,991 

13,956 

Aug. 

5,015 

4,114 

7,937 

1,011 

8,948 

18,077 

4,058 

14,019 

Sept. 

5,143 

4,113 

7,916 

1,032 

8,948 

18,204 

4,219 

13,985 

Oct. 

5,129 

4,125 

7,819 

1,273 

9,092 

18,346 

4,335 

14,011 

Nov. 

of  Canada  which  are  not  shown  elsewhere  in  this  table;  includes  foreign 
currency  items  and  liabilities  to  shareholders. 

(8)  Net  of  sinking  fund  holdings.  For  year-end  data  back  to  1938  see 
Table  IV,  page  145.  Newfoundland  debt  assumed  by  the  Government  of 
Canada  has  been  included  since  June,  1949. 

(9)  Treasury  Bills;  Deposit  Certificates  and  short-term  notes  issued  directly  to 
the  Bank  of  Canada  and  chartered  banks. 

(10)  Refundable  Tax,  War  Savings  Certificates  and  Canada  Savings  Bonds. 

(11)  Adjustment  necessary  to  change  value  of  foreign  pay  securities  from  £1  = 
4.86$  U.S.  =  4.86$  Cdn.  to  current  rates  of  exchange.  Official  mid-rates  of 
exchange  have  been  used  to  September  30, 1950  and  market  rates  thereafter. 


(12)  For  detailed  breakdown  of  distribution  of  Government  of  Canada  debt  as 
at  year-ends  see  Table  IV,  pages  145-146. 

(13)  Including  any  special  banking  issues  held  by  the  general  public. 

(14)  As  shown  in  "Other  Related  Bank  Assets".  Section  1  above. 

(15)  The  whole  of  the  increase  or  decrease  in  Canada's  foreign  exchange  reserves 
is  embodied  in  the  related  factors.  To  the  extent  that  such  changes  do  not 
appear  in  Section  1,  "Related  Bank  Assets",  under  the  heading  *  Bank  of 
Canada  Gold  and  Exchange  holdings  (np)"  they  affect  changes  in  Govern- 
ment of  Canada  Securities  outstanding.  ... 

Note: — Statistics  for  earlier  years  and  further  information    with  respect  to 

details  of  compilation  are  available  from  the  Research  Department. 

Bank  of  Canada,  on  request. 


215 


DECEMBER  1952 


IV— GOVERNMENT  BOND  YIELDS 

Bank  of  Canada 


(i) 


1950 


Mar. 31  June  30  Sept.29  Dec.  30 


1951 


Mar.3l|june30|Sept.28|Dec   31 


1952 


Mar.31|June30Sept.30|Dec.  31 


GOVERNMENT  OF  CANADA 


Internal  Issues 
2%  due  Dec.  15,  1954<2>. 
3%  due  Nov.    1,  1953/56 
3%  due  June    1,  1957/60 
3%  due  Sept.    1,  1961/66 

New  York  Issues 
3H%  due  Jan.  15,  1956/61. 
2%%  due  Sept.  1,  1974.... 
4H%  due  July    1,  1957<3>.. 


2.02 

2.06 

2.33 

2.69 

2.48 

2.50 

2.56 

2.61 

2.73 

3.02 

2.35 

2.35 

2.47 

2.76 

3.16 

3.07 

3.05 

3.22 

3.20 

3.28 

3.48 

2.63 

2.62 

2.65 

3.02 

3.19 

3.15 

3.13 

3.40 

3.46 

3.58 

3.74 

2.77 

2.78 

2.74 

3.02 

3.22 

3.24 

3.25 

3.49 

3.51 

3.54 

3.62 

2.01 

2.24 

2.15 

2.35 

2.91 

2.92 

2.66 

2.60 

2.73 

2.58 

2.45 

2.61 

2.70 

2.72 

2.70 

2.96 

3.02 

2.93 

3.06 

3.04 

2.93 

2.98 

2.17 

2.50 

2.52 

2.59 

2.95 

3.12 

2.86 

3.15 

2.70 

2.65 

2.61 

3.12 
3.44 
3.70 
3.59 


2.44 
3.03 
2.77 


United  States  Government 


1%%  due  Mar.  15,1954... 

2Y2%  due  Mar.  15,  1956/58 

2V2%  due  Dec.  15,  1963/68 

2V2%  due  Dec.  15,  1967/72 


1.40 

1.46 

1.57 

1.62 

2.01 

1.97 

1.95 

2.07 

1.78 

1.92 

2.03 

1.54 

1.62 

1.67 

1.80 

2.17 

2.14 

2.09 

2.19 

2.10 

2.16 

2.43 

2.19 

2.27 

2.30 

2.35 

2.53 

2.71 

2.60 

2.70 

2.67 

2.56 

2.75 

2.35 

2.42 

2.44 

2.45 

2.56 

2.69 

2.62 

2.75 

2.70 

2.63 

2.77 

2.12 
2.38 
2.72 
2.80 


United  Kingdom  Government 


2H%  due  Feb.  15,  1955. . . 

3%  due  Oct.  15,  1955/59 
2Y2%  due  May  1,  1964/67 

3%  due  Aug.  15,  1965/75 


2.23 

2.05 

1.88 

1.84 

1.79 

2.00 

1.75 

2.42 

3.12 

3.61 

2.96 

2.54 

2.42 

2.32 

2.25 

2.25 

2.50 

2.06 

3.05 

3.42 

3.47 

3.16 

3.10 

3.03 

2.88 

2.95 

3.15 

3.35 

3.35 

3.85 

4.09 

4.36 

4.00 

3.44 

3.43 

3.22 

3.26 

3.43 

3.68 

3.69 

4.15 

4.33 

4.56 

4.19 

2.97 
3.08 
3.96 
4.22 


(1)  Based  on  approximate  market  bid  side. 


(2)  New  issue. 


(3)  Canadian  National  Railways  (Guaranteed  by  Canada). 


CHARTERED    BANKS:    PUBLIC   SAVINGS    DEPOSITS 


MILLIONS  OF  DOLLARS 

5000 


4800 


MILLIONS  OF   DOLLARS 


4600 


4400 


4200 


5000 


4800 


4600 


4400 


4200 


DEC. 


JAN. 


FEB 


MAR. 


MAY 


JUNE 


JULY 


SEPT 


OCT 


NOV 


DEC. 


DECEMBER  1952 


216 


V— GOVERNMENT  BOND  YIELDS  AND  TREASURY  BILL  RATES 

Bank  of  Canada 


Government  of  Canada 

Theoreticals(1> 

15th  of  Each  Month 

15  Yr. 

9  Yr. 

5  Yr. 

2  Yr. 

Bond 

Bond 

Bond 

Bond 

Annual  Average 

1947 

2.57 

2.25 

1.75 

1.43 

1948 

2.93 

2.72 

2.27 

1.44 

1949 

2.83 

2.64 

2.24 

1.66 

1950 

2.78 

2.67 

2.22 

1.81 

1951 

3.24 

3.18 

2.69 

2.37 

1952 

3.59 

3.58 

3.22 

2.69 

Monthly 

1951— Sept. 

3.24 

3.17 

2.66 

2.34 

Oct. 

3.26 

3.18 

2.68 

2.40 

Nov. 

3.38 

3.32 

2.78 

2.38 

Dec. 

3.50 

3.41 

2.82 

2.26 

1952— Jan. 

3.54 

3.45 

2.84 

2.33 

Feb. 

3.55 

3.47 

2.90 

2.47 

Mar. 

3.57 

3.50 

3.00 

2.29 

Apr. 

3.55 

3.52 

3.02 

2.34 

May 

3.47 

3.43 

3.04 

2.37 

June 

3.55 

3.53 

3.15 

2.55 

July 

3.62 

3.61 

3.33 

2.79 

Aug. 

3.70 

3.67 

3.41 

2.86 

Sept. 

3.67 

3.71 

3.49 

3.01 

Oct. 

3.64 

3.69 

3.47 

3.07 

Nov. 

3.62 

3.67 

3.49 

3.07 

Dec. 

3.62 

3.67 

3.52 

3.07 

Long  Term 

Market  Yields 

Average  of  Business  Days 

Canada (1) 

U.K.W 

U.S.A.  «> 

2.59 

2.61 

2.20 

2.93 

2.82 

2.41 

2.85 

2.93 

2.24 

2.77 

3.19 

2.24 

3.21 

3.49 

2.58 

3.54 

4.23 

2.64 

3.24 

3.54 

2.57 

3.26 

3.57 

2.65 

3.32 

3.71 

2.69 

3.45 

4.01 

2.71 

3.49 

4.10 

2.72 

3.50 

4.17 

2.71 

3.52 

4.29 

2.70 

3.52 

4.21 

2.60 

3.46 

4.29 

2.53 

3.49 

4.47 

2.55 

3.57 

4.45 

2.55 

3.61 

4.26 

2.65 

3.62 

4.12 

2.68 

3.59 

4.17 

2.70 

3.58 

4.11 

2.65 

3.58 

4.15 

2.68 

Tender  Rates  on  3  Month 

Treasury  Bills 

Tender  nearest  15th  of  Month 

Canada 

U.K. 

U.S.A. 

.406 

.507 

.592 

.411 

.509 

1.037 

.485 

.521 

1.096 

.552 

.516 

1.215 

.796 

.583 

1.555 

1.067 

2.167 

1.795 

.880 

.514 

1.646 

.927 

.512 

1.615 

.916 

.894 

1.619 

.894 

.979 

1.700 

.890 

.946 

1.684 

.909 

.978 

1.643 

.943 

2.315 

1.784 

.979 

2.364 

1.650 

1.019 

2.384 

1.725 

1.075 

2.402 

1.753 

1.109 

2.466 

1.810 

1.102 

2.452 

1.903 

1.139 

2.486 

1.774 

1.187 

2.417 

1.836 

1.206 

2.383 

1.843 

1.248 

2.415 

2.138 

(1)   Payable  in  Canada  only.         (2)  Government  of  Canada  3%  due  Sept.  1,  1961-66.         (3)  United  Kingdom  3%  due  Apr.  15,  1959-69. 
(4)  U.S.  Treasury  2J3%  due  Dec.  15,  1963-68.     It  was  not  eligible  for  commercial  banks  before  Dec.  1,  1952. 


LONG    TERM    DOMESTIC   GOVERNMENT    BOND   YIELDS 

Daily  Opening  Quotations 


CANADA,    U.K.    AND    U.S.A. 


217 


DECEMBER  1952 


Millions  of  U.S.  Dollars 


VI— OFFICIAL  HOLDINGS  OF  GOLD  AND  U.S.  DOLLARS 

Department  of  Finance 


(i) 


Jan. 


Feb. 


Mar. 


Apr. 


May 


June 


July 


Aug. 


Sept. 


Oct. 


Nov. 


Dec. 


1949 


Gold 

U.S.  Dollars.... 

407.2 
614.7 

406.6 
637.3 

408.1 
659.1 

397.7 
593.5 

409.7 
567.5 

419.3 
557.6 

427.2 
545.9 

439.7 
547.4 

450.2 
535.1 

461.7 
545.7 

475.4 
593.0 

486.4 
630.7 

Total 

1,021.9 

1,043.9 

1,067.2 

991.2 

977.2 

976.9 

973.1 

987.1 

985.3 

1,007.4 

1,068.4 

1,117.1 

1950 


1951 


1952 


Gold 

500.3 
649.1 

500.7 
675.2 

502.3 
689.9 

502.3 
674.9 

506.2 
676.2 

509.5 
745.9 

521.8 
798.7 

533.4 
970.8 

542.8 
1,246.8 

558.3 
1,268.3 

569.9 
1,217.3 

1,787.2 

580.0 

U.S.  Dollars.... 

1,161.5 

Total 

1,149.4 

1,175.9 

1,192.2 

1,177.2 

1,182.4 

1,255.4 

1,320.5 

1,504.2 

1,789.6 

1,826.6 

1,741.5 

Gold 

U.S.  Dollars...  . 

596.0 
1,147.3 

1,743.3 

606.9 
1,134.8 

1,741.7 

610.4 
1,043.0 

1,653.4 

625.3 
1,039.0 

1,664.3 

634.4 
1,047.2 

1,681.6 

645.7 
1,037.3 

1,683.0 

662.9 
1,005.8 

672.7 
889.1 

682.6 
927.5 

724.2 
953.9 

792.2 
956.7 

841.7 
936.9 

Total 

1,668.7 

1,561.8 

1,610.1 

1,678.1 

1,748.9 

1,778.6 

Gold 

U.S.  Dollars  .  .  . 

847.0 
936.5 

855.7 
931.3 

866.2 
921.0 

870.0 
932.7 

876.2 
930.5 

884.4 
943.3 

878.2 
966.8 

873.9 
974.0 

883.1 
972.5 

875.3 
980.7 

875.5 
966.5 

885.0 
975.2 

Total 

1,783.5 

1,787.0 

1,787.2 

1,802.7 

1,806.7 

1,827.7 

1,845.0 

1,847.9 

1,855.6 

1,856.0 

1,842.0 

1,860.2 

(1)  Gold  and  United  States  Dollars  held  by  the  Exchange  Fund  Account  and  Bank  of  Canada  and  United  States  Dollars  held  by  Other  Government  of  Canada 
Accounts;  not  including  any  part  of  an  amount  of  $98.8  million  in  U.S.  Funds  borrowed  in  the  United  States  in  August  1949  by  the  Government  of  Canada  and 
set  aside  for  the  purpose  of  retiring  an  equal  amount  of  certain  securities  payable  in  U.S.  dollars  in  following  months.  Also  excludes,  in  September  19S0  only. 
an  amount  of  $50.0  million  set  aside  from  reserves,  as  well  as  $50.0  million  obtained  through  a  bond  issue  in  New  York,  to  redeem  a  Government  of  Canada 
issue  of  $100  million,  payable  in  U.S.  dollars  and  falling  due  on  October  1,  1950. 


VII— INTERNATIONAL  SALES  AND  PURCHASES  OF  SECURITIES 


(D(S) 


Millions  of  Dollars 

Dominion  Bureau  of  Statistics 

Quarterly  Totals 

Total 
Sales 

Total 
Pur- 
chases 

Net  Sales 

or  Net 
Purchases 

United  States 

United  Kingdom 

Other  Countries 

Sales  to 

Purchases 
from 

Sales  to 

Purchases 
from 

Sales  to 

Purchases 
from 

By  Type  of  Security:- 

1951— III       Bonds 

29.6 
84.0 

81.1 
104.2 

26.8 
123.1 

37.0 
109.8 

18.0 
86.9 

38.5 
74.2 

133.5 
77.5 

50.7 
91.2 

74.3 
86.5 

83.8 
71.0 

8.9 
9.8 

52.4 
26.7 

23.8 
32.0 

37.2 
23.3 

65.8 
15.9 

28.2 
73.7 

72.8 
95.3 

23.7 
111.4 

30.8 
102.3 

14.6 
77.9 

37.5 

68.7 

130.3 
71.3 

48.5 
81.6 

70.6 
76.5 

82.7 
64.8 

.9 
1.4 

4.5 
1.3 

1.6 
1.8 

4.7 
2.3 

2.6 
2.8 

.6 
2.4 

2.7 
2.5 

1.2 
4.6 

3.5 
5.6 

.8 
2.6 

.5 
8.9 

3.8 

7.6 

1.5 
10.0 

1.5 
5.2 

.8 
6.1 

4 

Shares 

IV       Bonds 

3.1 

5 

Shares 

3  7 

1952—1       Bonds 

Shares 

II       Bonds 

.9 
5.0 

2 

Shares 

4  4 

Ill       Bonds 

Shares 

.3 
3.6 

By  Nationality  of  Issuer  and 
Type  of  Security  :  -  1952  —  III 
Canada:  Bonds;  Govt,  of  Canada 
direct  and  guaranteed . . 
Other  bonds 

6.2 

8.5 
74.4 

1.8 
12.1 

.8 
.3 

.3 
.1 

.3 

50.6 
29.6 
58.2 

.8 
12.4 

.3 
.3 

.1 
2.5 

44.4 
21.1 
16.2 

1.0 
.4 

.6 

.2 
.1 

2.1 

5.2 

7.1 
65.8 

1.7 
12.1 

.3 
.3 

50.3 

29.1 
52.4 

.8 
12.4 

.1 
2.5 

.7 
1.0 
2.5 

.1 

.8 
.3 

.2 

.4 

2.3 

.1 
.3 

.3 

.4 

6.1 

I 

Shares 

j  j 

United  States:        Bonds 

Shares 

United  Kingdom:  Bonds 

I 

Shares 

Other  Countries:   Bonds 

Shares 

Unclassified:           Bonds 

Total  All  Securities 

104.9 

154.8 

49.9 

92.5 

147.5 

5.4 

3.4 

6.9 

3.8 

(1)  Statistics  are  compiled  from  reports  received  from  the  Canadian  Bankers'  Association,  the  Investment  Dealers'  Association,  the  Canadian  stock  exchanges 
and  certain  U.  S.  brokerage  firms  with  branches  in  Canada  but  which  are  not  members  of  the  foregoing  organizations.  The  series  do  not  include  transactions 
occurring  through  other  dealers  in  Canada  or  those  undertaken  directly  by  Canadians  through  dealers  abroad. 

(2)  New  issues  and  retirements  abroad,  i.e.  directly  floated  or  redeemed  outside  Canada,  and  domestic  retirements  are  excluded  but  the  series  do  include  foreign 
participation  in  new  issues  floated  within  Canada. 


DECEMBER  1952 


218 


VIII— FOREIGN  EXCHANGE  RATES 

Bank  of  Canada 


(i) 


Cents  per  unit 

OFFICIAI 

j  RATES" 

U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

Buying 

Selling 

Mid-rate 

Buying 

Selling 

Mid-rate 

1939  -  Sept.  16»> 

1945  -  Oct.    15<» 

1946  -  July     6") 
1949  -  Sept.  20  0» 

110.00 
110.00 
100.00 
110.00 

111.00 
110.50 
100.50 
110.50 

110.50 
110.25 
100.25 
110.25 

443.00 
443.00 
402.00 
307.25 

447.00 
445.00 
404.00 
308.75 

445.00 
444.00 
403.00 
308.00 

MARKET  RATES 


(3) 


U.  S 

.  Dollar  in  Canada 

£  Sterling  in  Canada 

High 

Low 

Noon  aver. 

High 

Low 

Noon  aver. 

Business  Days 
1951 

107.31 

101.19 

105.27 

300.50 

281.38 

294.67 

1952  «> 

101.13 

95.88 

97.88 

281.25 

266.75 

273.38 

1952— -Jan. 

101.13 

100.00 

100.48 

281.25 

278.13 

279.51 

Feb. 

100.69 

100.00 

100.10 

280.00 

278.06 

278.43 

Mar. 

100.00 

98.38 

99.59 

280.19 

276.75 

278.58 

Apr. 

98.50 

97.88 

98.09 

276.88 

274.31 

275.46 

May 

98.75 

98.00 

98.38 

276.88 

273.94 

275.49 

June 

98.38 

97.19 

97.92 

274.13 

270.63 

272.68 

July 

97.75 

96.06 

96.91 

272.25 

267.31 

270.21 

Aug. 

96.66 

95.88 

96.11 

269.75 

267.13 

268.05 

Sept.(4> 

96.06 

95.88 

95.98 

267.44 

266.75 

267.11 

Oct. 

97.16 

96.00 

96.43 

271.19 

267.25 

269.36 

Nov. 

98.63 

96.50 

97.66 

276.19 

270.56 

273.52 

Dec. 

97.53 

96.63 

97.06 

273.56 

270.69 

272.40 

(1)  Rates  established  by  the  Government  commencing  from  the  institution  of 
exchange  control  on  Sept.  16,  1939. 

(2)  Dates  on  which  official  rates  were  established  or  changed. 

(3)  Commencing  Oct.  2,   1950,  official  rates  of  exchange  were  discontinued; 


market  rates  are  quotations  reported  on  transactions  between  banks  in  the 
exchange  market. 
(4)   Since  September  195  2  averages  have  been  based  on  five  day  week  quotations : 
January   to  August   quotations   have   been   revised   to   the    same    basis 
involving  some  small  changes  in  a  few  months. 


UNITED    STATES    DOLLAR    IN    CANADIAN    FUNDS 


(i) 


CANADIAN    DOLLARS 

1.081 


.05 


CANADIAN   DOLLARS 

.08 


.05 


MONTHLY 


.02 


.99 


.96 


.93 


—    .975 


.965 


I    I    I    I    I    I    1    I    I    1    1    I    I    I    I    I    I    I    I    I    I    I    I 


965 


DECEMBER    1952 


.02 


.99 


96 


93 


ONDJFMAMJJ 
1950  1951 

(1)    Market  rate;  see  footnote  (3)  to  table  above. 


J       J 
1952 


219 


IX— PUBLIC  FINANCE 


MUNICIPALITIES": 

Millions  of  Dollars 


DECEMBER  1952 
OUTSTANDING  DEBT(2> 


TYPE  OF  DEBT  BY  CLASS  OF  MUNICIPALITY 


Calendar  Year  End0' 


Bonded  Debt 

Schools  (Gross) 
Metropolitan.  , 
Other  Urban.. 
Rural 


Total. 


Highways  (Gross) 
Metropolitan.  .  . 

Other  Urban 

Rural 


Total . 


Other  (ex.  Utilities)  (Gross) 

Metropolitan 

Other  Urban 

Rural 


Total. 


Less  Sinking  Funds 

Metropolitan 

Other  Urban 

Rural 


1949(' 


Total . 


Public  Utilities  (Net) 

Metropolitan 

Other  Urban 

Rural 


Total 

Direct 

Bonded  Debt  (Net) . . 

Guaranteed  (Net) 

Metropolitan 

Other  Urban 

Rural 


Total 

Direct  &  Guaranteed 
Bonded  Debt  (Net) . 


Bank.  Loans 

Metropolitan 
Other  Urban . 
Rural 


Total 

Total  Outstanding 
Debt  (Net) 

Metropolitan 

Other  Urban 

Rural 


Total  . 


47.4 
97.8 
45.2 

190.4 


84.2 

92.7 

5.9 

182.8 


268.4 
162.5 

27.2 

458.1 


43.0 

57.8 

3.5 

104.3 


87.1 

107.1 

9.3 

203.5 
930.5 


45.7 

2.5 

.2 

48.4 
978.9 


18.5 
34.0 
17.9 

70.4 


508.3 
438.8 
102.2 

1,049.3 


19501' 


59.5 

127.3 

58.6 

245.4 


90.1 

103.5 

7.5 

201.0 


267.3 

173.6 

31.0 

471.9 


43.0 

54.7 

3.4 

101.1 


100.5 

132.9 

11.3 

244.7 
1,061.9 


45.8 

3.8 

.2 

49.8 

1,111.7 


14.2 
46.8 
21.9 

83.0 


534.4 
533.2 
127.1 

1,194.7 


1951<6) 

(Est.) 


76.4 

163.2 

73.2 

312.7 


96.9 

121.5 

8.1 

226.5 


268.6 

193.9 

38.7 

501.2 


43.3 

52.6 

3.4 

99.3 


125.3 

156.8 

12.9 

295.0 
1,236.1 


45.6 

5.7 

.6 

51.9 
1,288.1 


16.3 
44.7 
27.1 

88.1 


585.8 
633.3 
157.1 


1952(6) 
(Est.) 


86.7 

186.9 

81.3 

354.9 


108.1 

126.2 

10.5 

244.9 


266.3 

214.2 

47.2 

527.7 


41.8 

47.7 

3.3 

92.8 


129.6 

172.3 

14.2 

316.1 
1,350.8 


59.9 

6.0 

.9 

66.8 
1,417.6 


16.2 
42.2 
25.3 

83.7 


625.0 
700.2 
176.1 


1,376.2      1,501.3 


(1)  Includes  school  corporations  and  Newfoundland  municipalities. 

(2)  Excludes  treasury  bills  owing  to  provinces  of  1.5  in  1949,  1.1  in  1950  and  1951. 
and  1.0  in  1952,  and  accounts  payable  of  about  66,  75,  80  and  81  in  the  years 
1949  to  1952  respectively,  against  which  are  such  assets  as  cash,  investments, 
taxes,  accounts  and  other  items  receivable  of  greater  amounts.  Sources: 
Reports  of  Prov.  Depts.  of  Municipal  Affairs  and  Education,  records  of  the 
Dominion  Bureau  of  Statistics  and  Citizens'  Research  Institute. 


TOTAL  BY  CLASS  OF  MUNICIPALITY  &  PROVINCE 


Calendar  Year  End0' 


Total  Outstanding 

Debt  (Net) 
Metropolitan 

Quebec 

Ontario 

Manitoba 

British  Columbia 

Total 

Other  Urban 

Newfoundland 

Prince  Edward  Island. 

Nova  Scotia , 

New  Brunswick 

Quebec , 

Ontario , 

Manitoba 

Saskatchewan 

Alberta 

British  Columbia , 

Total 

Rural 

Prince  Edward  Island  . 

Nova  Scotia 

New  Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta 

British  Columbia 

Total 

All  Municipalities 

Newfoundland 

Prince  Edward  Island. . 

Nova  Scotia 

New  Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta 

British  Columbia 

Total 


1949 


(4) (5) 


232.8 

151.1 

41.0 

83.4 

508.3 


3.2 

2.5 

28.2 

20.8 

145.6 

135.1 

4.0 

17.6 

56.8 

25.0 


438.8 


2.2 

9.1 

17.9 

40.0 

4.5 

5.6 

7.3 

15.6 

102.2 


3.2 

2.5 

30.4 

29.9 

396.2 

326.2 

49.5 

23.2 

64.1 

124.0 

1,049.3 


1950 


(4) 


229.5 

173.6 

41.8 

89.5 

534.4 


3.4 

2.9 

32.9 

22.1 

168.0 

176.1 

4.5 

21.2 

73.3 

28.7 

533.2 


.1 

2.6 

11.8 

23.1 

48.0 

5.7 

7.3 

9.2 

19.3 

127.1 


3.4 

3.0 

35.5 

33.9 

420.6 

397.7 

52.1 

28.5 

82.5 

137.5 

1,194.7 


1951<6) 

(Est.) 


237.6 

209.7 

45.1 

93.4 

585.8 


4.3 

3.4 

36.7 

27.5 

186.8 

224.6 

5.0 

22.9 

92.0 

30.1 

633.3 


.1 

3.4 

16.3 

25.4 

65.9 

5.8 

7.7 

10.6 

21.9 

157.1 


4.3 

3.5 

40.1 

43.7 

449.9 

500.2 

55.9 

30.6 

102.6 

145.3 

1,376.2 


(3)  Or  the  fiscal  year  end  nearest  the  calendar  year. 

(4)  Figures  included  for  Quebec  municipalities  are  partly  estimated,  as  complete 
actual  figures  have  not  yet  been  published. 

(5)  Figures  differ  from  those  published  in  the  December  1951  Statistical  Summary 
due  to  the  inclusion  of  more  recent  information  for  Quebec  municipalities. 

(6)  Estimates  based  on  published  material  and  sample  municipal  returns  received 
by  the  Dominion  Bureau  of  Statistics. 


DECEMBER  1952  220 

IX— PUBLIC  FINANCE  :  MUNICIPALITIES'"  :  CURRENT  REVENUE  AND  EXPENDITURE 

Millions  of  Dollars 


CURRENT  REVENUE'2' 


Calendar  Years'" 


Real  Property  Tax(6> 

Metropolitan 

Other  Urban 

Rural 

Total 

Sales  Tax 

Metropolitan 

Other  Urban 

Rural 

Total 

Other  Taxes 

Metropolitan 

Other  Urban 

Rural 

Total 

Total  Taxation 

Metropolitan 

Other  Urban 

Rural 

Total 

Licences,  Permits  &  Fees 

Metropolitan 

Other  Urban 

Rural 

Total 

Public  Utility 
Contributions 

Metropolitan 

Other  Urban 

Rural 

Total 

Other'" 

Metropolitan 

Other  Urban 

Rural 

Total 

Total  Revenue 

Metropolitan 

Other  Urban 

Rural 

Total 


1949" 


129.9 
135.5 
103.2 

368.6 


12.8 
2.8 

.4 

16.0 


19.4 

22.7 

5.7 

47.8 


162.1 
161.0 
109.3 

432.4 


6.1 
5.4 
1.4 

12.9 


13.5 

9.9 

.3 

23.7 


18.5 
23.5 
10.1 

52.1 


200.2 
199.8 
121.1 

521.1 


19501 


142.3 
149.5 
107.9 

399.7 


20.3 

4.3 

.8 

25.4 


21.3 

24.8 
6.6 

52.7 


183.9 
178.6 
115.3 

477.8 


6.4 
5.9 
1.5 

13.8 


13.2 

10.9 

.4 

24.5 


21.1 
26.2 
10.7 

58.0 


224.5 
221.6 
127.9 

574.0 


195  r- 

(Est.) 


167.1 
173.2 
119.3 

459.6 


21.5 

4.7 
.8 

27.0 


25.0 

28.3 

9.0 

62.3 


213.6 
206.2 
129.1 

548.9 


6.7 
6.5 
1.6 

14.9 


16.2 

11.4 

.5 

28.1 


21.2 
29.8 
13.6 

64.7 


257.8 
254.0 
144.8 

656.6 


1952<S) 

(Est.) 


181.2 
193.8 
128.6 

503.6 


21.8 
6.1 
1.0 

28.9 


26.2 

31.1 

9.8 

67.1 


229.2 
231.0 
139.4 

599.6 


6.7 
6.7 
1.6 

15.0 


15.6 

11.8 

.5 

27.8 


20.7 
31.5 
14.6 

66.8 


272.2 
280.9 
156.1 

709.2 


(l) 

(2) 


(3) 


Includes  school  corporations,  and  Newfoundland  municipalities. 
Provincial  grants,  other  than  general  subsidies,  have  been  excluded  from 
"Revenue"  and  corresponding  amounts  deducted  from  "Expenditure".  The 
classification  of  "Revenue"  (other  than  taxation)  and  "Expenditure"  involves 
a  considerable  amount  of  estimation  so  that  classified  totals  are  at  best  ap- 
proximate. 
Or  the  fiscal  year  nearest  the  calendar  year. 


CURRENT  EXPENDITURE'" 


Calendar  Years<3> 


Schools'8' 
Metropolitan . 
Other  Urban . 
Rural 


Total. 


Public  Welfare'8' 
Metropolitan 

Other  Urban 

Rural '.. 


Total  . 


Highways,  Roads, 
Streets'8' 
Metropolitan 

Other  Urban 

Rural 


Total. 


Protection,  General 
Administration  and 

SUNDRY<8) 

Metropolitan 

Other  Urban 

Rural 


Total  . 


Debt  Charges 

(ex.  Debt  Repayment) 

Metropolitan 

Other  Urban , 

Rural 


Total . 


Total 
Current  Expenditure 

(ex .  Provision  for 
Debt  Repayment) 

Metropolitan 

Other  Urban 

Rural 

Total 


Provision  for 
Debt  Repayment 

Metropolitan 

Other  Urban 

Rural 


Total  . 


Total 
Current  Expenditure 

Metropolitan 

Other  Urban 

Rural 

Total 


1949<4) 

1950'4' 

1951'5' 

(Est.) 

50.3 

56.0 

67.9 

53.8 

61.0 

70.1 

53.4 

57.3 

62.6 

157.5 

174.3 

200.6 

32.8 

33.8 

39.9 

25.4 

28.1 

32.9 

12.6 

14.3 

76.2 

15.5 

70.8 

88.3 

14.4 

16.0 

18.0 

24.8 

27.4 

30.4 

32.6 

32.9 

36.8 

71.8 

76.3 

85.2 

64.9 

72.9 

83.2 

59.6 

66.0 

74.2 

18.8 

19.5 

21.8 

143.3 

158.4 

179.2 

15.2 

16.2 

16.3 

12.5 

14.3 

16.3 

3.1 

4.0 

4.7 

30.8 

34.5 

37.3 

177.6 

194.9 

225.3 

176.1 

196.8 

223.9 

120.5 

128.0 

141.4 

474.2 

519.7 

590.6 

22.0 

24.5 

30.7 

18.7 

21.2 

24.2 

4.3 

5.2 

5.6 

45.0 

50.9 

60.5 

199.6 

219.4 

256.0 

194.8 

218.0 

248.1 

124.8 

133.2 

147.0 

519.2 

570.6 

651.1 

(4) 

(5) 

(6) 
(7) 

(8) 


Figures  included  for  Quebec  municipalities  are  partly  estimated,  as  complete 

actual  figures  have  not  yet  been  published. 

Estimates  based  on  published  material  and  sample  municipal  returns  received 

by  the  Dominion  Bureau  of  Statistics. 

Tax  collection  figures  have  been  used  so  far  as  this  information  is  available. 

Includes  government  subsidies  for  general  purposes.     Excludes  any  surpluses 

from  previous  years. 

Excludes  debt  charges. 


221 


DECEMBER  1952 


X— BUSINESS  ACTIVITY 


Dominion 

Bureau  of  Statistics 

Production 

Res- 
idential 

Con- 
struction 

Car 
Loadings 

Value 

of 

Department 

Employ- 
ment 
Index 

(4) 

Aggregate 
Payrolls 

News- 

Central 

Index 

(4) 

Gold 

Nickel 

Steel 

print 
(i) 

Electric 
Stations12' 

Contracts 
Awarded  <3> 

Store  Sales 

Unadjusted 

Unadjusted 

Thousands 

Thousands 

Thousands 

Thousands 

Millions 

Millions 

Millions 

Fine  Ounces 

Short  Tons 

Short   Tons 

Short   Tons 

Kilowatt  Hrs. 

of  Dollars 

Thousands 

of  Dollars 

1939  =  100 

1939  =  100 

AnnnalTotals(5> 

1932 

3,044 

15 

380 

2,186 

12,296 

29 

2,180 

254 

* 

* 

1937 

4,096 

112 

1,571 

3,998 

17,934 

56 

2,634 

289 

* 

* 

1947 

3,070 

119 

2,945 

4,820 

37,376 

197 

3,957 

707 

158.3 

245.2 

1948 

3,530 

132 

3,202 

4,983 

40,607 

373 

4,060 

803 

165.0 

282.9 

1949 

4,124 

129 

3,187 

5,176 

42,103 

464 

3,907 

855 

165.5 

303.7 

1950 

4,441 

124 

3,384 

5,279 

46,085 

542 

3,906 

873 

168.0 

321.8 

1951 

4,364 

138 

3,567 

5,516 

51,916 

437 

4,183 

902 

180.2 

381.3 

12-mths.  ending 

Nov.  1952 

4,446** 

139** 

3,707 

5,659 

55,146 

502 

4,148 

960 

184.2 

422.4 

Monthly 

1951— Oct. 

380.8 

11.8 

309.4 

492.5 

4,512 

29.2 

390 

81.2 

186.5 

410.0 

Nov. 

374.9 

11.6 

307.1 

471.7 

4,473 

47.0 

367 

101.9 

186.4 

413.4 

Dec. 

378.1 

11.4 

296.5 

435.3 

4,626 

26.9 

315 

119.8 

186.6 

416.7 

1952— Jan. 

354.6 

11.8 

317.0 

470.5 

4,784 

20.0 

333 

55.2 

181.0 

388.8 

Feb. 

352.7 

10.7 

305.9 

457  8 

4,500 

17.8 

316 

60.2 

177.8 

402.9 

Mar. 

364.7 

12.3 

339.4 

476.5 

4,702 

30.2 

331 

70.2 

178.0 

409.0 

Apr. 

363.1 

12.3 

316.6 

471.2 

4,475 

42.9 

326 

75.1 

177.9 

411.5 

May 

365.9 

12.3 

330.5 

496.0 

4,596 

42.6 

358 

83.7 

177.4 

410.6 

June 

359.1 

12.5 

305.5 

451.9 

4,346 

61.0 

347 

77.1 

182.5 

420.2 

July 

373.7 

10.4 

293.4 

485.5 

4,358 

64.7 

364 

59.8 

185.5 

426.3 

Aug. 

372.1 

11.9 

298.9 

486.5 

4,457 

41.3 

354 

69.6 

188.8 

433.3 

Sept. 

383.1 

10.9 

286.3 

461.5 

4,571 

42.3 

362 

84.3 

190.6 

442.7 

Oct. 

403.6 

11.7 

307.9 

502.8 

4,927 

51.6 

392 

97.3 

192.6f 

452. 2f 

Nov. 

308.6 

463.4 

4,805 

60.1 

350 

108.0 

191.8 

454.6 

(1)    Source:  Newsprint  Association  of  Canada.     Includes  Newfoundland.  (2)   Total  output  less  exports  and  secondary  power.      Includes  Newfoundland 

commencing  January  1950.  (3)   Source:  MacLean  Building  Reports,  Ltd.  (4)  9  Leading  industries.       First  of  month  figures.  (5)  Average  of 

months  in  case  of  Employment  and  Payrolls  Indexes.  *  Not  available.  **  12  mths.  ending  Oct.  1952  f  Revised. 


Thousands  of  Short  Tons 


XI— NEWSPRINT  :  NORTH  AMERICA 

Newsprint  Association  of  Canada 


SU  PPLY 

ESTIMATED  CONSUMPTION 

STOCKS 

Production 

Imports 

from 
Europe 

(i) 

Net 

Exports 

Total 

U.S. 

Canadian 

Increase 

Canada 

U.S.A. 

Total 

Overseas 

Supply 

Publishers 

Publishers 

Total 

or 
Decrease 

Calendar  Years 

1935 

3,083 

912 

3,995 

197 

734 

3,459 

3,345 

200 

3,545 

86 

1937 

3,998 

946 

4,944 

294 

771 

4,466 

3,825 

220 

4,045 

421 

1947 

4,820 

826 

5,646 

129 

709 

5,065 

4,753 

275 

5,028 

37 

1948 

4,983 

867 

5,850 

267 

542 

5,576 

5,141 

306 

5,447 

129 

1949 

5,176 

900 

6,076 

255 

463 

5,868 

5,529 

335 

5,865 

3 

1950 

5,279 

1,015 

6,293 

170 

223 

6,241 

5,937 

355 

6,292 

51 

1951 

5,516 

1,125 

6,641 

206 

378 

6,469 

5,975 

360 

6,335 

135 

12-mths.  ending 

Nov.  1952 

5,659 

1,152 

6,811 

178* 

541 

6,447* 

6,066 

363 

6,430 

18* 

Monthly 

1951— July 

452.5 

92.5 

544.9 

14.2 

29.4 

529.7 

441.6 

29.1 

470.7 

59.0 

Aug. 

484.6 

101.6 

586.1 

22.7 

44.2 

564.6 

456.3 

29.9 

486.1 

78.5 

Sept. 

431.1 

90.7 

521.8 

14.9 

32.8 

503.9 

505.2 

28.5 

533.7 

29.8 

Oct. 

492.5 

100.3 

592.8 

22.5 

34.3 

581.0 

536.8 

33.0 

569.8 

11.2 

Nov. 

471.7 

95.8 

567.6 

21.7 

50.7 

538.5 

533.5 

30.6 

564.2 

25.7 

Dec. 

435.3 

91.8 

527.1 

10.2 

41.1 

496.2 

513.6 

30.9 

544.6 

48.4 

1952— Jan. 

470.5 

97.2 

567.7 

15.6 

43.0 

540.3 

460.4 

28.8 

489.2 

51.1 

Feb. 

457.8 

94.8 

552.6 

15.9 

34.8 

533.7 

464.8 

28.8 

493.7 

40.0 

Mar. 

476.5 

99.6 

576.1 

16.3 

44.9 

547.5 

532.3 

31.0 

563.3 

15.8 

Apr. 

471.2 

94.8 

566.0 

15.4 

38.1 

543.3 

524.6 

29.7 

554.3 

11.0 

May 

496.0 

103.4 

599.4 

11.3 

44.5 

566.2 

538.8 

31.7 

570.4 

4.2 

June 

451.9 

99.1 

551.0 

19.8 

54.0 

516.8 

506.6 

29.4 

536.0 

19.2 

July 

485.5 

94.2 

579.7 

14.9 

50.0 

544.6 

439.6 

30.5 

470.1 

74.5 

Aug. 

486.5 

97.8 

584.3 

10.6 

57.4 

537.5 

455.4 

29.5 

485.0 

52.6 

Sept. 

461.5 

92.3 

553.8 

17.9 

39.6 

532.1 

506.2 

29.1 

535.4 

3.3 

Oct. 

502.8 

97.1 

599.9 

11.5* 

50.8 

560.7* 

568.0 

32.0 

600.0 

39.3* 

Nov. 

463.4 

89.8 

553.3 

18.5* 

42.6 

529.2* 

556.0 

31.6 

587.6 

58.4* 

(1)   Includes  Newfoundland.         *  Preliminary. 


DECEMBER  1952 


222 


Millions  of  Dollars 


XII— CONSUMER  CREDIT  OUTSTANDING0' 

ESTIMATES  OF  SELECTED  ITEMS 


Charge 
Accounts'*' 

Instalment  Credit 

Cash 
Personal 
Loans'" 

Total  of 

Retail 
Dealers'3' 

Finance 
Companies'4' 

Total 

Selected 
Items 

1949  —  Mar.  31 

267 

105 

72 

177 

268 

712 

June  30 

299 

113 

99 

212 

286 

797 

Sept.  30 

300 

115 

109 

224 

297 

821 

Dec.  31 

328 

140 

116 

256 

308 

892 

1950  —  Mar.  31 

291 

130 

122 

252 

316 

859 

June  30 

313 

138 

162 

300 

346 

959 

Sept.  30 

331 

145 

192 

337 

374 

1,042 

Dec.  31 

377 

170 

202 

372 

386 

1,135 

1951f  —  Mar.  31 

349 

143 

216 

359 

394 

1,102 

June  30 

357 

122 

224 

346 

400 

1,103 

Sept.  30 

357 

100 

215 

315 

386 

1,058 

Dec.  31 

402 

104 

185 

289 

388 

1,079 

1952t  —  Mar.  31* 

353 

97 

176 

273 

385 

1,011 

June  30* 

397 

136 

265 

401 

420 

1,218 

Sept.  30* 

421 

180 

334 

514 

437 

1,372 

(1) 


(2) 
(3) 
(4) 

(5) 
t 


Estimates  of  charge  accounts  and  instalment  receivables  outstanding  on  the  books  of  retail  dealers  do  not  include  Newfoundland.      In  the  case  of  other  items, 

Newfoundland  estimates  have  been  included  as  available  commencing  June  30,  1949.      Sources:  Dominion  Bureau  of  Statistics.  Department  of  Finance, 

Department  of  Insurance,  Department  of  Agriculture  and   Bank  of  Canada.      Further  information  with   respect   to  definitions,   sources  and   methods   is 

available  from  the  Research  Department,  Bank  of  Canada,  on  request. 

Charge  accounts  receivable  outstanding  on  the  books  of  retail  dealers.     Excludes  Newfoundland. 

Instalment  receivables  outstanding  on  the  books  of  retail  dealers.     Excludes  Newfoundland. 

Instalment  paper  held  by  sales  finance  and  acceptance  companies  in  connection  with  the  financing  of  retail  purchases  of  consumer  goods,  largely  new  and 

used  automobiles. 

Includes  estimated  personal  loans  by  chartered  banks,  small  loan  companies,  licensed  money  lenders  and  credit  unions. 

Revised.  *  Preliminary. 


MILLIONS  OF  DOLLARS 


CONSUMER  CREDIT  OUTSTANDING 

ESTIMATES  OF  SELECTED  ITEMS 
QUARTERLY 


(i) 


MILLIONS  OF  DOLLARS 


1500 


1200 


900 


TOTAL— 

-  T 

-f 

DMJ     SDMJSDMJSDMJSDMJSD 
1949  1950  1951  1952  1953 

(1)  See  footnotes  to  table  above. 


223 


DECEMBER  1952 

XIII— EARNINGS  AND  HOURS  WORKED  IN  CERTAIN  INDUSTRIES'" 

HOURLY-RATED  WAGE-EARNERS 

Dominion  Bureau  of  Statistics 


Manufacturing 


Food  & 
Beverages 


Clothing 


Total  Non- 
Durable 


Iron  & 
Steel 


Trans- 
portation 
Equipment 


Total 
Durable 


Total 


Mining 


Con- 
struction 


Services 


Cents 

AVERAGE  HOURLY  EARNINGS  <*> 

Aver,  of  Months 

1945 

59.0 

53.0 

60.8 

75.1 

86.9 

76.8 

69.4 

85.0 

73.5 

43.0 

70.0 

1946 

62.5 

56.2 

63.8 

82.7 

87.9 

76.4 

70.0 

87.3 

76.9 

46.0 

71.0 

1947 

70.6 

63.1 

73.4 

95.7 

97.9 

87.2 

80.3 

98.0 

84.6 

52.9 

81.0 

1948 

79.9 

70.7 

84.0 

108.1 

108.1 

98.4 

91.3 

111.1 

94.1 

58.4 

91.8 

1949 

86.0 

76.4 

90.6 

108.4 

116.0 

106.5 

98.6 

117.2 

101.2 

63.6 

99.0 

1950 

89.8 

79.3 

95.2 

115.5 

120.9 

112.0 

103.6 

121.4 

105.6 

65.8 

103.9 

1951 

99.3 

86.0 

107.2 

130.1 

133.8 

125.8 

116.8 

133.4 

117.6 

69.3 

116.7 

1st  of  Month(3) 

1951— Feb. 

95.5 

82.9 

101.2 

122.0 

128.7 

119.0 

110.4 

127.7 

113.5 

67.7 

110.6 

Mar. 

96.6 

84.2 

102.3 

123.6 

129.0 

119.9 

111.4 

130.1 

114.1 

69.6 

111.9 

Apr. 

98.5 

85.1 

103.4 

125.3 

129.5 

121.6 

112.8 

130.5 

115.0 

69.0 

112.9 

May 

98.6 

85.4 

104.6 

127.4 

129.6 

122.9 

114.1 

131.5 

115.4 

69.8 

114.3 

June 

100.4 

85.8 

107.2 

128.8 

130.0 

123.8 

115.9 

131.6 

116.2 

69.3 

115.6 

July 

100.1 

86.7 

109.1 

131.1 

136.6 

127.0 

118.4 

133.3 

117.5 

68.9 

117.8 

Aug. 

99.2 

86.9 

109.4 

133.1 

137.1 

128.2 

119.1 

136.1 

117.7 

68.4 

118.5 

Sept. 

100.8 

87.7 

110.6 

134.8 

137.7 

130.0 

120.6 

137.1 

120.3 

68.3 

120.2 

Oct. 

99.7 

88.6 

111.2 

137.0 

140.5 

132.1 

121.9 

138.2 

122.4 

71.0 

121.8 

Nov. 

102.8 

89.3 

113.0 

138.1 

140.1 

133.3 

123.5 

138.3 

123.9 

71.2 

123.1 

Dec. 

103.9 

89.1 

113.5 

139.6 

141.0 

134.6 

124.5 

139.3 

125.3 

71.3 

124.3 

1952— Jan. 

109.3 

90.2 

116.8 

140.0 

142.9 

136.4 

127.1 

142.6 

123.9 

71.8 

126.5 

Feb. 

108.3 

90.6 

115.7 

142.5 

143.1 

137.5 

127.1 

141.4 

129.0 

72.0 

126.6 

Mar. 

109.4 

91.0 

116.0 

143.3 

144.8 

138.4 

127.8 

143.9 

129.9 

73.2 

127.7 

Apr. 

111.0 

91.2 

116.9 

144.3 

146.9 

139.6 

129.0 

146.9 

132.4 

73.0 

128.9 

May 

111.1 

91.0 

117.8 

144.3 

146.3 

139.5 

129.4 

147.3 

132.1 

74.2 

129.6 

June 

110.6 

91.1 

118.4 

145.2 

145.6 

139.6 

129.7 

147.4 

130.2 

73.7 

129.2 

July 

109.3 

91.2 

117.9 

144.9 

145.3 

138.3 

128.6 

147.6 

128.2 

73.5 

128.1 

Aug. 

109.1 

91.2 

117.5 

145.4 

146.3 

139.4 

128.9 

147.5 

127.4 

72.1 

128.4 

Sept. 

107.6 

92.1 

116.8 

146.3 

149.6 

141.2 

129.5 

148.7 

130.2 

72.7 

129.3 

Oct. 

108.1 

92.5 

117.1 

147.3 

148.9 

141.7 

129.9 

149.7 

133.1 

75.1 

130.2 

AVERAGE  HOURS  WORKED »' 


Aver,  of  Months 

1945 

43.5 

39.7 

43.8 

45.7 

44.4 

44.7 

44.3 

43.8 

38.9 

43.8 

43.8 

1946 

42.4 

38.7 

42.6 

43.3 

41.7 

42.8 

42.7 

43.2 

38.4 

43.2 

42.3 

1947 

42.0 

38.5 

42.3 

43.5 

42.1 

42.7 

42.5 

42.2 

39.3 

42.5 

42.1 

1948 

42.3 

37.8 

42.0 

43.0 

41.9 

42.2 

42.2 

42.6 

39.2 

42.3 

41.9 

1949 

42.4 

38.2 

42.0 

42.9 

42.2 

42.5 

42.3 

42.6 

39.7 

42.2 

42.0 

1950 

42.6 

38.3 

42.2 

42.4 

42.5 

42.5 

42.3 

43.0 

39.9 

42.5 

42.0 

1951 

42.2 

37.4 

41.7 

42.2 

41.9 

42.0 

41.8 

43.1 

40.3 

42.5 

41.8 

1st  of  Month(3) 

1951— Feb. 

42.3 

39.3 

42.6 

42.5 

44.5 

43.1 

42.9 

44.1 

40.1 

42.9 

42.7 

Mar. 

42.0 

39.0 

42.2 

42.0 

43.3 

42.5 

42.3 

43.7 

40.6 

42.4 

42.2 

Apr. 

41.8 

38.7 

42.1 

42.4 

42.6 

42.3 

42.2 

42.5 

39.0 

42.5 

41.9 

May 

42.2 

38.9 

42.5 

43.0 

42.2 

42.6 

42.5 

43.4 

39.8 

42.6 

42.2 

June 

42.3 

37.1 

41.6 

42.2 

42.4 

42.1 

41.9 

43.0 

39.6 

42.5 

41.7 

July 

42.5 

35.8 

41.4 

42.5 

40.9 

42.0 

41.7 

43.3 

40.7 

42.8 

41.7 

Aug. 

42.3 

36.4 

41.3 

41.9 

39.8 

41.4 

41.4 

43.0 

41.5 

42.5 

41.6 

Sept. 

41.8 

37.3 

41.4 

41.8 

41.5 

41.7 

41.5 

42.2 

41.7 

42.7 

41.6 

Oct. 

43.0 

37.8 

41.8 

42.2 

41.4 

42.0 

41.9 

43.9 

42.4 

42.5 

42.1 

Nov. 

42.7 

36.8 

41.5 

42.4 

41.7 

42.1 

41.8 

43.5 

41.5 

42.4 

41.9 

Dec. 

42.6 

36.8 

41.6 

42.6 

41.2 

42.2 

41.9 

44.2 

41.5 

42.6 

42.0 

1952— Jan. 

39.0 

31.1 

37.9 

38.7 

38.8 

38.3 

38.1 

40.2 

35.4 

41.4 

38.0 

Feb. 

41.4 

37.6 

41.2 

42.3 

41.6 

41.9 

41.6 

43.0 

41.6 

42.6 

41.6 

Mar. 

41.8 

38.8 

41.5 

42.1 

41.7 

41.8 

41.7 

42.6 

42.7 

42.7 

42.0 

Apr. 

42.3 

39.7 

41.8 

42.5 

42.6 

42.3 

42.1 

43.1 

42.3 

42.7 

42.1 

May 

42.5 

38.9 

41.6 

42.2 

42.4 

42.1 

41.9 

42.4 

41.6 

42.8 

41.9 

June 

42.5 

38.0 

41.3 

42.2 

39.8 

41.4 

41.3 

42.3 

41.8 

42.9 

41.4 

July 

42.8 

36.7 

41.2 

41.4 

40.3 

41.4 

41.3 

42.7 

41.7 

42.6 

41.5 

Aug. 

42.1 

37.4 

41.1 

41.7 

40.2 

41.1 

41.1 

42.5 

42.0 

42.9 

41.4 

Sept. 

41.9 

38.7 

41.4 

41.8 

41.4 

41.8 

41.6 

42.7 

42.9 

42.9 

42.0 

Oct. 

42.2 

39.8 

42.0 

42.1 

41.5 

42.2 

42.1 

43.3 

43.2 

42.8 

42.4 

(1)  Covers  establishments  usually  employing  not  less  than  15  persons  and  includes  overtime  and  part-time  workers. 

(2)  Gross  earnings  before  deductions  for  taxes,  unemployment  insurance,  etc. 

(3)  As  reported  for  the  last  week  of  the  previous  month. 


DECEMBER  1952 


224 


Thousands 


XIV— LABOUR  FORCE  STATUS  OF  THE  POPULATION 

Dominion  Bureau  of  Statistics 


(i) 


Week  ending 


1951 


March  3 


June  2 


August  18     November  3 


1952 


March  1 


May  31         August  16    November  22 


With  Jobs") 

At  work  35  or  more  hours 

"       "     15  -  34  hours 

1  -  14  hours 

Not  at  work  due  to:  illness 

bad  weather 

vacation 

labour  dispute 

temporarily  laid  off*3' 

other  reasons 

Without  Jobs  and  Seeking  Work<4> 

Civilian  Labour  Force 

Armed  Services 

Total  Labour  Force 

Not  in  Labour  Force 

Permanently  unable  or  too  old  to  work .  . . 

Housekeeping 

Going  to  school 

Retired  or  voluntarily  idle 

Others 

Total  Non-Institutional  Population 

14  Years  of  Age  and  Over 

Persons  Looking  for  Work*6' 

Without  jobs 

At  work    1  -  14  hours 

"        "    15  -  34  hours 


4,944 

4,200 

428 

109 

133 

15 

17 

* 

31 

11 

170 

5,114 
66 

5,180 
4,574 

270 

3,168 

665 

458 

13 

9,754 


5,172 

4,632 
335 
144 

43 

* 

26 

* 

12 

* 

83 

5,255 
82 

5,337 
4,459 

236 

3,125 

643 

441 

14 

9,796 


5,266 

4,579 

309 

79 

41 

* 

224 

* 

17 

* 

77 

5,343 
83 

5,426 
4,401 

228 
3,260 

25 
856 

32 

9,827 


5,110 

4,458 

451 

82 

55 

* 

29 

* 

21 

* 

100 

5,210 
85 

5,295 
4,580 

246 

3,229 

656 

435 

14 

9,875 


4,967 

4,305 

389 

93 

76 

20 

20 

* 

51 

10 

212 

5,179 
94 

5,273 
4,708 

248 

3,233 

697 

514 

16 

9,981 


5,222 

4,655 
330 
108 

54 

* 

33 
12 

19 

* 

107 

5,329 
98 

5,427 
4,581 

230 

3,219 

703 

415 

14 

10,008 


5,333 

4,606 

267 

76 

39 

* 

305 
12 

18 

* 

86 

5,419 
98 

5,517 
4,521 

224 

3,298 

* 

951 

48 

10,038 


5,176 

4,680 

279 

88 

64 

* 

23 

* 

19 

14 

114 

5,290 
101 

5,391 
4,697 

198 

3,278 

680 

518 

23 

10,088 


95 

83 


84 

77 


109 

100 


228 

212 

* 

12 


121 

107 

* 

10 


93 

86 


131 

114 

* 

12 


(1)  DBS  estimates  based  on  data  from  a  1%  sample  (2%  in  urban  areas  each 
June)  of  households.  The  estimates  are  therefore  subject  to  sampling  error 
which,  in  general,  is  relatively  larger  the  smaller  the  estimate. 

(2)  The  number  with  jobs  in  agriculture  was  1067,  875,  825,  924,  1,007  and 
795  respectively. 

*     Less  than  ten  thousand.        **  Not  available. 


(3)  Persons  with  definite  instructions  to  return  to  work  within  30  days  of 
being  '.aid  off. 

(4)  Includes  persons  with  jobs  but  not  at  work  and  looking  for  work,  and 
persons  who  would  have  looked  for  work  except  that  they  were  temporarily 
ill,  on  indefinite  or  prolonged  lay-off,  or  believed  that  no  work  was  available. 

(5)  Persons  without  jobs  and  in  addition  some  who  worked  1-35  hours  and 
were  looking  for  work. 


£omi\ 


XV— WHOLESALE  PRICES 
CANADA 

ominion  Bureau  of  Statistics 


U.S.A. 

Bureau  of  Labour  Statistics 


U.K. 

Bd.  Trade 


Aver,  of  Mths. 
1926 
1939 
1947 
1948 
1949 
1950 
1951 
Monthly 
1951— Sept. 
Oct. 
Nov. 
Dec. 

1952— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 


Total 
Index 


Farm  Products'1' 


Fieldf 


Animal 


Totalf 


Raw  and 
Partly 
Manu- 
factured 


Fully  & 
Chiefly 
Manu- 
factured 


Index  1935 -39  =  100 


130.3 
99.2 
163.3 
193.4 
198.3 
211.2 
240.2 

240.0 
239.6 
239.1 
237.7 

236.8 
232.6 
230.8 
226.9 
224.8 
226.5 
225.5 
223.9 
222.1 
221.0 
221.9 


158.5 

130.2 

144.4 

129.1 

83.7 

101.5 

92.6 

94.9 

184.1 

200.2 

192.2 

164.3 

200.6 

263.7 

232.1 

196.3 

191.9 

265.4 

228.7 

197.1 

191.9 

281.4 

236.7 

212.8 

200.4 

336.9 

268.6 

237.9 

198.4 

339.2 

268.8 

235.7 

204.9 

330.4 

267.7 

236.3 

218.2 

328.5 

273.4 

237.1 

221.2 

328.9 

275.0 

236.0 

224.8 

318.2 

271.5 

233.3 

221.9 

297.3 

259.6 

227.8 

230.1 

283.3 

256.7 

225.5 

234.0 

273.7 

253.8 

221.3 

240.0 

265.4 

252.7 

220.2 

244.4 

271.4 

257.9 

220.6 

230.2 

275.3 

252.8 

218.5 

195.3f 

277.2 

236.2| 

216.3 

181.9 

269.1 

225.5 

212.5 

179.7 

263.0 

221.3 

209.9 

179.2 

266.5 

222.9 

210.8 

133.0 
101.9 
162.4 
192.4 
199.2 
211.0 
242.4 

243.7 
242.7 
241.5 
239.8 

239.7 
236.2 
234.6 
230.7 
228.1 
230.6 
230.0 
228.8 
228.0 
227.7 
228.8 


Total 
Index 


Farm 
Products 


Pro- 
cessed 
Foods 


All  Other 

Com- 
modities 


Index  1947 -49  =  100 


65.0 

50.1 

96.4 

104.4 

99.2 

103.1 

114.8 

113.4 
113.7 
113.6 
113.5 

113.0 
112.5 
112.3 
111.8 
111.6 
111.3 
111.8 
112.1 
111.8 
111.2 
110.7 


* 

* 

* 

* 

100.0 

98.2 

107.3 

106.1 

92.8 

95.7 

97.5 

99.8 

113.4 

111.4 

109.9 

110.9 

111.5 

111.6 

112.0 

111.0 

111.3 

110.7 

110.0 

110.1 

107.8 

109.5 

108.2 

109.2 

108.7 

108.0 

107.9 

108.6 

107.3 

108.7 

110.2 

110.0 

109.9 

110.5 

106.6 

110.3 

104.9 

108.5 

103.8 

107.7 

71.5 
58.1 
95.3 
103.4 
101.3 
105.0 
115.9 

114.8 
114.6 
114.5 
114.6 

114.3 
114.2 
113.8 
113.3 
113.0 
112.6 
112.5 
112.9 
113.2 
113.1 
112.8 


Total 
Index 


(2) 


124.2 
95.7 
184.1 
199.4 
189.4 
196.9 
219.3 

216.6 
217.2 
217.0 
216.8 

215.8 
214.9 
214.5 
213.5 
213.1 
212.6 
213.5 
214.1 
213.5 
212.4 
211.4 


Total 
Index 


(3) 


124.8 
103.5 
193.2 
220.9 
231.6 
264.2 
321.8 

327.5 
331.1 
330.9 
332.5 

337.3 
331.7 
335.3 
332.2 
329.9 
329.8 
329.4 
327.1 
324.8 
328.3 
326.7 


(1)  An  independent  series  with  different  weighting  and  different  prices  from  those  included  in  the  "Total  Index".      Prices  include  subsidies.  t  Participation 

payments  are  included  up  to  July  1952  and  initial  payments  only,  where  applicable,  thereafter.  (2)  Adjusted  to  1935-39  =  100  from  base  1947-49-  100. 

(3)  Adjusted  to  1935-39  =  100  from  base  1913  =  100  in  1926  and  from  base  1930  - 100  thereafter.  *  Not  available. 


225 


Index  1949  =  100 


DECEMBER  1952 


XVI— CONSUMER  PRICE  INDEX 

Dominion  Bureau  of  Statistics 


(i) 


Total 
Index 

Food 

Shelter 

Clothing 

Household 
Operation 

Other 
Commodities 
and  Services 

Weighting 

100 

32 

15 

11 

17 

25 

Average  of  Months 

1949 

100.0 

100.0 

100.0 

100.0 

100.0 

100.0 

1950 

102.9 

102.6 

106.2 

99.7 

102.4 

103.1 

1951 

113.7 

117.0 

114.4 

109.8 

113.1 

111.5 

1952 

116.5 

116.8 

120.2 

111.8 

116.2 

116.0 

First  of  Month 

1951— June 

113.7 

115.8 

115.2 

109.5 

113.8 

111.8 

July 

114.6 

117.9 

115.5 

109.7 

114.3 

112.2 

Aug. 

115.5 

119.0 

115.8 

110,7 

115.1 

113.4 

Sept. 

116.5 

120.5 

117.2 

111.9 

115.5 

113.6 

Oct. 

117.1 

121.3 

117.2 

114.1 

115.8 

114.1 

Nov. 

117.9 

122.5 

118.2 

114.5 

115.9 

114.8 

Dec. 

118.1 

122.5 

118.2 

115.2 

116.4 

115.0 

1952— Jan. 

118.2 

122.4 

118.3 

114.9 

116.4 

115.5 

Feb. 

117.6 

120.8 

118.3 

113.5 

116.3 

115.8 

Mar. 

116.9 

117.6 

119.1 

112.9 

116.9 

116.4 

Apr. 

116.8 

117.2 

119.4 

112.5 

116.8 

116.6 

May 

115.9 

115.5 

119.6 

112.3 

116.2 

115.6 

June 

116.0 

115.7 

120.4 

111.8 

115.9 

115.7 

July 

116.1 

116.0 

120.6 

111.7 

115.9 

115.6 

Aug. 

116.0 

115.7 

120.6 

111.6 

115.8 

115.8 

Sept. 

116.1 

115.8 

121.2 

110.9 

116.0 

115.8 

Oct. 

116.0 

115.1 

121.5 

109.9 

116.2 

116.4 

Nov. 

116.1 

115.7 

121.4 

109.8 

115.9 

116.6 

Dec. 

115.8 

114.1 

122.2 

109.7 

116.1 

116.6 

(1)  Components  were  selected  and  weighted  on  the  basis  of  1948  urban  family  incomes  ranging  from  $1,650  to  $4,050,  with  incomes  between  $2,000  and  $3,000  most 
common. 


XVII— EXPORTS  AND  IMPORTS:  INDEXES  OF  TOTAL  VALUE,  UNIT  VALUE 

AND  PHYSICAL  VOLUME 


Index  1948  =  100 

Dominion  Bureau  of  Statistics 

EXPORTS 

IMPORTS 

Terms  of 

Total 

Unit 

Physical 

Total 

Unit 

Physical 

Trade") 

Value 

Value 

Volume 

Value 

Value 

Volume 

Annual  Index 

1946 

75.2 

79.9 

94.1 

73.0 

76.5 

95.4 

104.4 

1947 

90.2 

91.6 

98.5 

97.6 

88.0 

110.9 

104.1 

1948 

100.0 

100.0 

100.0 

100.0 

100.0 

100.0 

100.0 

1949 

97.3 

103.3 

94.2 

104.7 

102.6 

102.0 

100.7 

1950 

101.4 

108.3 

93.6 

120.4 

110.3 

109.2 

98.2 

1951 

127.3 

122.5 

103.9 

154.8 

126.0 

122.9 

97.2 

Quarterly  Average 

1951—    I 

105.3 

117.7 

89.5 

143.3 

122.3 

117.2 

96.2 

II 

121.1 

122.0 

99.2 

175.7 

129.2 

136.0 

94.4 

III 

135.8 

124.8 

108.9 

157.4 

127.7 

123.2 

97.7 

IV 

147.0 

125.8 

116.8 

142.6 

122.4 

116.4 

102.8 

1952—    I 

128.4 

124.5 

103.1 

138.5 

117.6 

117.9 

106.0 

II 

143.4 

121.3 

118.2 

156.3 

111.2 

140.6 

109.1 

III 

136.8 

120.1 

114.0 

150.6 

107.2 

140.5 

112.0 

Monthly  Average 

1952— Jan. 

126.3 

125.0 

101.0 

139.6 

119.9 

116.4 

104.3 

Feb. 

120.8 

124.7 

96.9 

128.0 

117.6 

108.8 

106.0 

Mar. 

138.1 

123.9 

111.5 

148.0 

115.2 

128.5 

107.6 

Apr. 

135.3 

122.1 

110.8 

147.2 

113.2 

130.0 

107.9 

May 

148.6 

121.0 

122.8 

174.7 

110.8 

157.7 

109.2 

June 

146.2 

120.7 

121.1 

147.0 

109.5 

134.2 

110.2 

July 

144.8 

120.6 

120.1 

156.0 

108.0 

144.4 

111.7 

Aug. 

134.7 

120.5 

111.8 

137.5 

106.6 

129.0 

113.0 

Sept. 

131.0 

119.1 

110.0 

158.3 

106.9 

148.1 

111.4 

Oct.") 

145.3 

119.4 

121.7 

170.8 

108.2 

157.9 

110.4 

(1)    Index  of  export  unit  value  divided  by  index  of  import  unit  value.  (2)    Preliminary. 


DECEMBER   1952 


226 


Millions  of  Dollars 


XVIII— EXPORTS  AND  IMPORTS  BY  COUNTRIES(1) 

Compiled  from  "Trade  of  Canada",  Dominion  Bureau  of  Statistics 
MERCHANDISE  EXPORTS(2) 


TOTAL  EXPORTS  (EXCLUDING  GOLD)  TO 

Nrr 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Non- 
monetary 

U.S.A. 

U.K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Gold 

cies 

South 
Africa 

Area 

(3) 

Colonies 
(4) 

South 
America 

(S) 

Countries 

Exports 

Calendar  Years 

1946 

901 

632 

82 

68 

111 

304 

97 

183 

2,379 

96 

1947 

1,057 

755 

123 

67 

169 

310 

134 

180 

2,796 

99 

1948 

1,516 

719 

95 

83 

115 

307 

127 

164 

3,125 

119 

1949 

1,529 

710 

72 

76 

151 

254 

132 

99 

3,022 

139 

1950 

2,050 

472 

52 

44 

108 

201 

154 

75 

3,156 

162 

1951 

2,330 

638 

74 

53 

140 

363 

213 

150 

3,960 

150 

12  Mths.  end'g 

Oct.  1952 

2,309 

758 

82 

41 

176 

469 

285 

189 

4,309 

149 

Monthly 

1951-July 

205.4 

70.9 

8.6 

6.9 

11.0 

47.5 

16.2 

12.0 

378.5 

13.4 

Aug. 

195.4 

63.6 

6.8 

4.1 

12.4 

34.4 

18.1 

9.7 

344.5 

11.0 

Sept. 

188.3 

51.1 

6.9 

4.1 

7.4 

34.4 

21.0 

8.8 

321.9 

10.8 

Oct. 

213.4 

65.2 

7.8 

5.5 

16.8 

44.0 

23.1 

13.3 

389.2 

8.2 

Nov. 

211.5 

66.8 

6.8 

4.0 

16.9 

44.3 

23.9 

19.7 

393.9 

7.7 

Dec. 

189.2 

57.3 

6.6 

3.8 

14.2 

38.5 

27.4 

16.1 

353.0 

18.3 

1952-Jan. 

191.1 

45.1 

7.6 

3.8 

14.3 

29.0 

28.6 

11.5 

331.1 

13.3 

Feb. 

175.8 

44.1 

8.3 

4.1 

15.7 

32.0 

27.7 

12.1 

319.9 

13.2 

Mar. 

190.0 

69.6 

8.6 

4.5 

19.7 

28.2 

24.1 

14.3 

359.0 

15.0 

Apr. 

182.8 

69.4 

6.5 

3.5 

15.3 

23.6 

26.6 

13.0 

340.8 

11.2 

May 

194.2 

96.4 

8.8 

4.3 

15.5 

40.6 

23.2 

12.2 

395.2 

8.5 

June 

197.0 

81.6 

6.8 

2.9 

14.0 

45.4 

21.1 

16.2 

385.0 

14.6 

July 

190.6 

68.0 

6.6 

1.8 

18.1 

46.7 

21.2 

20.8 

373.7 

14.9 

Aug. 

180.7 

63.1 

4.8 

2.2 

12.1) 

47.2 

14.1 

13.8 

337.9 

9.6 

Sept. 

197.2 

41.2 

5.1 

3.6 

10.6 

46.1 

20.9 

20.4 

345.1 

12.8 

Oct. 

208.6 

55.2 

5.4 

2.3 

9.8 

47.9 

25.9 

18.6 

373.7 

10.1 

Nov.") 

213.4 

60.2 

• 

390.5 

13.6 

Millions  of  Dollars 

MERCHANDISE  IMPORTS 

Excess  of 

TOTAL  II 

Merch- 

andise 

U.K. 

Union 

Other 

Western 

Central 

All 

Total 

Exports 
over 

U.S.A. 

U.  K. 

Dependen- 

of 

Sterling 

Europe  & 

and 

Other 

All 

Merch- 

(6) 

cies 

South 
Africa 

Area 

(3) 

Colonies 

(4) 

South 
America 

(S) 

Countries 

andise 
Imports 

Calendar  Years 

1946 

1,405 

139 

58 

8 

65 

40 

126 

24 

1,864 

514 

1947 

1,975 

186 

72 

4 

81 

64 

159 

29 

2,570 

225 

1948 

1,806 

299 

105 

4 

86 

77 

223 

37 

2,636 

489 

1949 

1,952 

306 

107 

4 

77 

83 

193 

39 

2,760 

263 

1950 

2,130 

403 

135 

5 

103 

114 

215 

68 

3,173 

17 

1951 

2,813 

419 

165 

5 

138 

181 

275 

86 

4,083 

123 

12  Mths.  end'g 

Sept.  1952 

2,838 

343 

116 

4 

77 

160 

283 

65 

3,886 

435 

Monthly 

1951-July 

234.7 

43.3 

19.2 

.6 

19.1 

18.9 

23.5 

11.3 

370.6 

7.9 

Aug. 

229.5 

38.3 

22.3 

.5 

18.2 

17.7 

23.7 

6.6 

356.7 

12.2 

Sept. 

211.6 

28.0 

11.7 

.3 

15.0 

15.8 

22.0 

6.5 

311.0 

11.0 

Oct. 

238.3 

32.7 

13.7 

.4 

7.2 

19.2 

26.6 

5.9 

344.1 

45.1 

Nov. 

224.7 

33.2 

10.1 

.4 

8.3 

19.7 

24.1 

5.1 

325.6 

68.3 

Dec. 

203.1 

19.4 

8.4 

.3 

5.3 

9.9 

20.7 

6.0 

273.0 

80.0 

1952-Jan. 

228.7 

24.3 

8.1 

.2 

6.5 

11.8 

22.2 

5.1 

307.0 

24.1 

Feb. 

211.8 

21.3 

8.9 

.3 

7.7 

9.7 

18.7 

3.7 

282.0 

37.9 

Mar. 

253.5 

22.6 

6.5 

.4 

3.8 

12.5 

24.3 

3.3 

327.0 

32.0 

Apr. 

245.6 

28.4 

6.7 

.3 

6.1 

11.0 

21.6 

4.3 

323.9 

16.9 

May 

282.9 

32.1 

11.1 

.4 

8.8 

15.3 

27.3 

7.1 

384.9 

10.3 

June 

235.3 

31.3 

11.4 

.3 

5.1 

12.5 

23.2 

4.9 

324.0 

61.0 

July 

246.6 

33.9 

10.8 

.3 

5.7 

11.8 

27.7 

6.2 

343.0 

30.7 

Aug. 

212.8 

31.9 

8.8 

.6 

4.9 

12.4 

24.3 

6.7 

302.4 

35.5 

Sept. 

255.1 

31.4 

11.4 

.3 

7.8 

14.2 

21.9 

6.9 

349.0 

3.9 

Oct. 

275.2 

36.6 

375.9 

2.2 

Nov.<7> 

246.6 

35.3 

363.2 

27.3 

(1)  Commencing  April  1.  1949,  external  trade  of  Newfoundland  is  included 
and  Canadian  trade  with  Newfoundland,  formerly  in  the  "All  Other" 
category,  disappears. 

(2)  Includes  exports  of  foreign  produce.  In  the  case  of  wheat  exports,  figures  are 
based  on  Board  of  Grain  Commissioners'  data  rather  than  Customs' 
clearances.  Excludes  defence  equipment  transferred  by  Canada  to  North 
Atlantic  Treaty  countries  which  in  1950  and  1951  amounted  to  56.8  and 
109.1  million  dollars  respectively. 

(3)  Consists  of  Eire,  India,  Pakistan,  Burma,  Australia,  New  Zealand,  Iceland, 


(4) 
(5) 

(6) 


(7) 


Ceylon  and  Iraq.     Egypt  is  included  in  the  "All  Other"  category. 

Excludes  Spain,  but  includes  Greece,  Turkey,  and  British  Sudan. 

Includes  Egypt,  Spain,  Palestine,  and  also  Newfoundland  until  March  31, 

1949. 

Imports  from  the  United  Kingdom  do  not  include  articles  imported  for 

the  use  of  the  armed  forces  of  the  United  Kingdom.    In  the  years  1946  and 

1947  articles  admitted  free  under  Order  in  Council  (9213)  and  the  item 

"Canadian  Goods  Returned"  (9195)  are  excluded. 

Estimates. 


227 

[ 
DECEMBER  1952 

DECEMBER  1952 

228 

XIX— MERCHANDISE  EXPORTS: 

COMMODITY  CLASSIFICATION 

Compiled  from  "Trade  of  Canada," 

Dominion  Bureau  of  Statistics 

Millions  of  Dollar 

Millions  of  Dollar* 

Fruits 

and 

Vegetables 

Wheat 

and 
Wheat 
Flour(') 

Oats 

Other 

Grains 

and 

Products 

Live 
Cattle 

Bacon 
and 
Hams 

Other 
Meats 

Cheese 

Other 

Milk 
Products 

Eggs 

Seeds 

Other 

Farm(i) 

(incl. 

raw  wool) 

Fish 

(fresh  and 

frozen) 

Fish 

(canned  & 

salted) 

Furs 

Logs 

and 

Rounds 

Planks 

and 
Boards 

Pulpwood 

Wood  Pulp 

Newsprint 

Other 
Paper 

Other 

Wood 

Products 

Alcoholic 
Beverages 

Rubber 
&  Products 

(incl 
Synthetic) 

Calendar  Years 
1929 

18 

302 

5 

26 

14 

7 

9 

19 

10 

- 

4 

24 

12 

24 

23 

10 

49 

13 

44 

149 

6 

22 

30 

32 

Calendar  Years 
1929 

1932 

11 

146 

5 

17 

2 

4 

3 

9 

3 

~ 

1 

8 

7 

11 

11 

3 

13 

5 

19 

83 

3 

8 

12 

7 

1932 

1937 

16 

182 

2 

25 

16 

33 

9 

13 

5 

— 

5 

23 

12 

16 

18 

7 

45 

12 

42 

126 

10 

20 

21 

18 

1937 

1946 

29 

417 

23 

41 

18 

66 

63 

22 

13 

27 

13 

39 

41 

45 

32 

20 

125 

29 

114 

266 

22 

50 

36 

22 

1946 

1947 

32 

446 

12 

55 

15 

62 

41 

14 

16 

37 

17 

44 

38 

44 

29 

24 

208 

35 

178 

342 

31 

69 

28 

33 

1947 

1948 

21 

383 

23 

74 

74 

70 

65 

12 

18 

39 

50 

55 

45 

40 

24 

26 

196 

44 

212 

383 

34 

60 

29 

33 

1948 

1949 

20 

533 

19 

59 

61 

24 

44 

16 

14 

21 

44 

51 

35 

59 

23 

20 

160 

31 

171 

434 

19 

40 

35 

26 

1949 

1950 

24 

418 

17 

56 

79 

28 

47 

17 

11 

6 

31 

53 

50 

63 

25 

13 

291 

35 

209 

486 

20 

61 

44 

12 

1950 

1951 

24 

551 

54 

105 

63 

4 

69 

10 

11 

4 

28 

59 

53 

64 

30 

14 

312 

68 

365 

536 

38 

65 

56 

29 

1951 

\12-Mths.  ending 
Oct.1952 

21 

704 

63 

171 

11 

2 

43 

3 

14 

5 

30 

55 

54 

63 

23 

27 

298 

68 

316 

577 

34 

59 

53 

22 

12-Mths.  ending 
Oct.  1952 

Monthly 
1951— May 

2.2 

46.2 

7.2 

7.2 

7.0 

.3 

9.7 

.1 

1.2 

.1 

.7 

3.6 

3.9 

4.7 

1.9 

.7 

26.6 

2.7 

31.5 

47.2 

3.2 

5.5 

4.3 

2.3 

Monthly 
May-1951 

June 
July 

1.6 

57.4 

4.6 

12.7 

4.9 

.2 

11.8 

.4 

1.2 

.1 

1.1 

3.6 

3.9 

5.1 

1.9 

1.4 

24.7 

5.8 

32.4 

39.2 

3.1 

4.5 

3.2 

2.1 

June 
July 

1.4 

63.3 

7.6 

11.2 

3.0 

.2 

9.8 

.9 

1.2 

.1 

.9 

4.3 

5.2 

4.8 

1.7 

1.4 

28.7 

7.7 

34.3 

51.3 

3.3 

4.7 

4.0 

3.0 

Aug. 

2.2 

42.3 

6.9 

6.1 

4.4 

.1 

6.0 

1.5 

1.4 

.1 

1.1 

3.9 

5.1 

4.0 

1.1 

1.5 

28.9 

8.0 

35.7 

51.5 

3.2 

5.1 

4.7 

2.6 

Aug. 
Sept. 
Oct. 

Sept. 

2.3 

39.8 

6.8 

7.0 

5.7 

.1 

5.7 

2.0 

.8 

.1 

.8 

3.1 

5.1 

5.0 

2.0 

1.1 

25.4 

7.1 

31.4 

44.0 

2.9 

5.3 

5.6 

3.1 

Oct. 

2.5 

59.7 

3.5 

13.6 

5.5 

.1 

7.4 

2.6 

1.0 

.1 

1.7 

5.0 

6.1 

6.7 

.6 

1.5 

29.1 

8.7 

34.6 

50.1 

3.5 

5.6 

6.0 

2.6 

Nov. 

2.7 

.  76.8 

5.5" 

15.2 

4.8 

.3 

4.4 

1.7 

1.5 

.3 

2.7 

4.2 

5.2 

5.7 

.6 

1.3 

25.9 

6.6 

32.5 

49.6 

3.3 

5.6 

5.8 

2.2 

Nov. 

Dec. 

2.0 

38.0 

5.3 

16.0 

2.2 

.3 

2.3 

.3 

1.3 

.9 

5.8 

4.7 

4.0 

7.5 

4.2 

1.0 

23.6 

5.4 

33.2 

41.4 

4.2 

6.7 

5.5 

3.5 

Dec. 

1952— Jan. 

2.1 

39.3 

2.1 

'  7.3 

1.3 

.4 

2.3 

.1 

.5 

.4 

4.6 

4.8 

4.2 

5.7 

3.6 

.9 

20.2 

5.8 

33.5 

47.2 

3.5 

3.9 

3.9 

2.7 

Jan.-1952 

Feb. 

1.6 

44.3 

2.3 

5.6 

2.5 

.3 

2.1 

- 

.9 

.1 

2.4 

5.6 

3.8 

4.5 

2.0 

1.8 

22.2 

5.8 

27.4 

44.4 

3.3 

4.5 

4.0 

2.6 

Feb. 

Mar.  . 

1.3 

43.4 

1.9 

6.5 

.2 

.1 

1.6 

- 

1.0 

.2 

1.1 

10.6 

4.4 

5.2 

1.9 

1.5 

24.7 

5.7 

32.9 

48.3 

3.8 

4.7 

4.6 

3.3 

Mar. 

Apr. 

.6 

48.7 

3.6 

5.7 

- 

.1 

.9 

- 

.8 

.3 

.8 

6.9 

3.9 

5.1 

1.6 

1.5 

25.8 

3.0 

29.2 

47.9 

3.5 

4.7 

4.4 

2.7 

Apr. 

May 

.6 

79.2 

6.5 

12.8 

.1 

.1 

1.6 

- 

.9 

.4 

3.7 

3.4 

3.1 

4.3 

2.7 

1.5 

32.1 

3.4 

26.4 

47.6 

3.3 

4.9 

3.9 

1.7 

May 

June 

.6 

82.0 

9.2 

14.9 

- 

.2 

8.7 

.1 

1.2 

.4 

1.1 

3.0 

4.2 

5.6 

2.5 

2.5 

28.0 

5.8 

21.6 

48.3 

2.3 

5.2 

3.4 

.9 

June 

July 

1.5 

80.4 

11.1 

22.6 

— 

.2 

10.2 

.1 

1.4 

.7 

1.4 

2.6 

5.7 

5.2 

1.1 

3.1 

20.5 

5.4 

18.9 

48.7 

1.9 

2.7 

3.9 

.6 

July 

Aug. 

2.4 

58.0 

4.1 

16.8 

- 

.2 

4.2 

.1 

2.1 

.9 

1.6 

2.3 

5.3 

3.9 

1.0 

4.5 

20.6 

6.4 

20.6 

56.2 

1.8 

4.4 

3.7 

.7 

Aug. 

Sept. 

2.2 

53.6 

3.7 

19.1 

.1 

.2 

1.5 

.1 

1.4 

.4 

1.6 

3.2 

5.4 

4.7 

1.1 

3.8 

29.8 

6.8 

18.6 

48.0 

1.6 

5.6 

3.8 

.5 

Sept. 

Oct. 

3.6 

60.7 

7.3 

28.5 

~ 

.3 

3.0 

.1 

1.5 

.3 

2.7 

4.0 

4.6 

5.5 

.5 

4.1 

24.4 

8.0 

20.9 

48.9 

1.6 

6.0 

6.4 

.5 

Oct. 

Other 
Fibres 

Farm 

Machinery 

Autos, 

Other 

Other 

Aluminum 

Copper 

Lead 

Nickel 

Preciou3 

Zinc 

Other 

Other 

Other 

Ships 

Aircraft 

A„ 

Net  Non- 

Total 

Artificial 

&  Textiles 

Imple- 

(excl. 

Trucks 

Vehicles 

Iron  and 

Electrical 

and 

and 

and 

and 

Metals 

and 

Non- 

Asbestos 

Non- 

Fertilizers 

Chemicals 

and 

and 

Other 

monetary 

Exports 
(Including 

gold) 

Silk 

(excl.  raw 
wool) 

ments  & 
Machinery 

agriculture) 

&  Parts 

&  Parts 

Steel 

Apparatus 

Products 

Products 

Products 

Products 

(ex.  gold) 

Products 

ferrous 
Metals 

metallic 
Minerals 

&  Products 

Vessels 

Parts 

Exports 

Gold 

Calendar  Years 

Calendar  Yean 

1929 

- 

8 

20 

7 

47 

- 

16 

3 

15 

37 

11 

26 

12 

9 

5 

13 

17 

7 

14 

1 

- 

33 

37 

1,190 

1929 

1932 

- 

4 

2 

4 

7 

- 

4 

1 

4 

16 

3 

7 

6 

4 

2 

3 

6 

3 

8 

- 

- 

14 

70 

560 

1932 

1937 

2 

11 

10 

11 

27 

- 

18 

4 

19 

56 

18 

59 

19 

15 

5 

15 

16 

7 

15 

1 

- 

27 

145 

1,176 

1937 

1946 

8 

42 

29 

16 

78 

34 

71 

21 

56 

37 

17 

55 

21 

28 

13 

24 

33 

32 

35 

19 

10 

100 

96 

2,447 

1946 

1947 

12 

35 

42 

41 

92 

15 

84 

19 

64 

59 

31 

60 

23 

30 

17 

33 

42 

34 

49 

26 

6 

94 

99 

2,858 

1947 

1948 

7 

35 

74 

41 

55 

21 

91 

17 

102 

79 

35 

74 

25 

42 

22 

42 

53 

36 

43 

84 

11 

93 

119 

3,209 

1948 

1949 

2 

19 

93 

32 

39 

23 

106 

12 

94 

87 

42 

92 

28 

56 

15 

37 

36 

39 

31 

42 

25 

81 

139 

3,132 

1949 

1950 

5 

20 

88 

26 

40 

5 

92 

11 

107 

88 

38 

105 

34 

59 

16 

63 

40 

39 

62 

23 

4 

59 

162 

3,280 

1950 

1951 

4 

28 

106 

40 

79 

3 

113 

18 

125 

87 

45 

137 

49 

84 

25 

82 

50 

36 

96 

9 

8 

73 

150 

4,061 

1951 

12-Mths.  ending 

12-Mths.  ending 

Oct.  1952 

4 

24 

108 

48 

123 

4 

135 

30 

141 

122 

54 

155 

48 

102 

44 

85 

56 

42 

87 

11 

35 

77 

149 

4,401 

Oct.  1952 

Monthly 

Monthly 

1951— May 

.4 

3.3 

10.7 

3.8 

4.2 

.2 

7.5 

1.2 

12.1 

5.6 

5.2 

9.0 

4.1 

6.2 

1.5 

7.2 

4.2 

4.1 

7.8 

3.1 

.7 

6.4 

13.0 

341.3 

May-1951 

June 

.4 

2.4 

10.4 

2.7 

3.5 

.2 

9.3 

1.5 

3.5 

6.6 

2.2 

9.1 

4.2 

7.6 

1.6 

6.7 

3.7 

3.7 

7.3 

.1 

.5 

5.9 

13.8 

333.7 

June 

July 

.4 

2.7 

9.2 

2.5 

5.6 

.2 

10.1 

1.6 

14.5 

7.7 

3.4 

12.7 

5.6 

9.6 

2.9 

6.9 

4.6 

2.5 

9.1 

.9 

.6 

7.0 

13.4 

387.8 

July 

Aug. 

.5 

2.5 

7.6 

2.3 

5.9 

.3 

11.5 

.9 

16.1 

5.6 

3.1 

13.3 

4.2 

6.8 

1.7 

7.4 

4.1 

3.0 

9.7 

.3 

.7 

6.0 

11.0 

351.8 

Aug. 

Sept. 

.2 

1.7 

6.2 

3.5 

9.2 

.1 

9.8 

1.5 

9.8 

7.4 

3.9 

11.4 

3.1 

7.5 

1.7 

6.7 

4.8 

2.9 

8.3 

.1 

.7 

5.9 

10.8 

329.4 

Sept. 

Oct. 

.4 

2.7 

8.3 

4.3 

12.3 

.3 

15.0 

1.9 

11.2 

7.0 

3.4 

13.7 

3.0 

8.8 

2.6 

7.2 

5.0 

2.4 

8.9 

.7 

.7 

7.0 

8.2 

392.8 

Oct. 

Nov. 

.3 

2.4 

7.5 

4.0 

12.7 

.5 

12.7 

1.7 

9.5 

7.9 

5.1 

12.8 

2.8 

9.8 

3.0 

5.5 

5.2 

3.1 

10.3 

.4 

.9 

6.4 

7.7 

396.7 

Nov. 

Dec. 

.6 

2.7 

7.7 

5.5 

11.9 

.2 

12.1 

2.0 

7.1 

12.6 

5.8 

13.4 

5.0 

7.7 

3.2 

7.5 

4.5 

3.0 

8.1 

.1 

.9 

6.6 

18.3 

36S.6 

Dec. 

1952— Jan. 

.4 

2.6 

13.1 

3.5 

18.2 

.2 

12.3 

1.6 

7.1 

8.7 

4.2 

10.8 

4.3 

7.6 

2.8 

5.8 

4.3 

3.2 

7.6 

1.1 

.9 

6.0 

13.4 

340.0 

Jan.-1952 

Feb. 

.2 

2.2 

10.7 

3.9 

18.3 

.2 

9.5 

2.1 

8.9 

5.2 

3.9 

13.6 

2.5 

10.3 

2.7 

5.7 

4.3 

3.5 

7.2 

.1 

.9 

6.3 

13.2 

329.5 

Feb. 

Mar. 

.2 

2.9 

12.1 

4.7 

13.2 

.6 

10.9 

4.3 

9.9 

10.6 

4.5 

13.0 

6.8 

11.6 

4.6 

7.1 

4.1 

4.2 

7.5 

.1 

5.6 

6.8 

15.0 

369.3 

Mar. 

Apr. 

.3 

2.9 

10.8 

4.8 

8.4 

.4 

8.1 

3.4 

13.8 

11.2 

4.2 

13.9 

4.4 

9.7 

3.9 

8.0 

3.6 

4.0 

7.0 

1.1 

5.1 

6.2 

11.2 

348.1 

Apr. 

May 

.2 

2.1 

11.5 

3.4 

8.1 

.4 

10.4 

3.3 

17.2 

12.4 

4.1 

15.2 

4.8 

7.7 

5.9 

8.7 

7.3 

3.5 

7.4 

1.1 

4.7 

7.2 

8.5 

399.3 

May 

June 

.2 

2.3 

9.7 

3.4 

7.1 

.5 

9.9 

2.1 

17.0 

9.4 

3.6 

11.9 

2.9 

10.5 

3.8 

7.7 

5.4 

3.0 

6.4 

1.1 

5.0 

6.5 

14.6 

395.6 

June 

July 

.5 

1.4 

6.6 

4.6 

4.1 

.3 

11.0 

2.1 

9.3 

9.9 

5.2 

13.8 

5.1 

8.2 

2.9 

6.7 

5.1 

4.0 

4.7 

3.3 

4.5 

6.0 

14.9 

383.9 

July 

Aug. 

.2 

.7 

5.8 

2.7 

2.8 

.2 

12.9 

1.8 

14.2 

11.9 

3.8 

12.8 

3.1 

6.0 

2.5 

7.4 

4.1 

3.3 

6.8 

1.1 

1.7 

5.1 

9.6 

342.3 

Aug. 
Sept. 

Sept. 

.4 

1.0 

5.6 

3.9 

8.2 

.4 

12.0 

3.0 

13.3 

11.5 

4.5 

12  5 

3.0 

5.8 

4.7 

7.7 

4.5 

3.6 

7.5 

.1 

2.4 

7.2 

12.8 

352.5 

Oct. 

.2 

1.1 

6.7 

3.9 

9.9 

.2 

13.1 

2.7 

13.6 

10.9 

4.7 

10.9 

3.0 

7.4 

4.1 

7.1 

4.1 

3.8 

6.4 

1.4 

2.2 

7.0 

10.1 

378.4 

Oct. 

167oni68oT7oSf  mo   M^0™™   vols*  ™n^LiVd,^6,tn,n9S,IoKdS'  figures  are  based  °"  B°ard  °f  Grain  Commissioners'  data  rather  than  Customs'  clearances.     (2)    Made  up  of  various  items  listed  in  "Trade  of  Canada"  under  code  numbers  180.  610,  690,  710,  790,  1170,  1500-1590,  1610,  1620,  1630,  1640,  1645,  1650.  1660, 
1670,  1680,  1700.  1710.  2015.  2020,  2025.  2060,  2065,  2066,  2070,  2075,  2080,  2085.  2090,  2095,  2100-2110,  2490,  2500-2525,  2750,  2795,  2805,  2810,  2812,  2825,  2840,  2845,  2855,  2860,  3160-3187. 


": 


INDEX 


JM» 


to 


«• 


STATISTICAL  SUMMARY 


BANK  OF  CANADA 


1952 


INDEX  1952 

INDEX     1952 

M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

A 

Agriculture 

Dairy  Products:  manufactured 104   .                .        .        104 

production 104   ....       104 

Employment:  numbers 120,  151,  224 

Exports:  by  commodity:  value 51,  105,  157,  227 

volume 17,  71,  122,  175 

Farm  Operating  &  Living  Costs:  index 86 

Farm  Products:  wholesale  price  index:  Canada M 

U.S.A M 

Government  Payments 49,  63,  85,  155               49 

Grain  &  Products:  financial  statistics 79,  183,  189 

Grains:  acreage  &  production 33,  133             .        .       134 

Imports:  by  commodity:  value 35,  89,  137,  207 

volume 18,  72,  136,  176 

Income:  cash 49,  85,  155      .        .       49 

net 27,85       ...       28 

Loans:  chartered  banks 5,6,59,113,163    .       55,  112,  164 

Production:  index:  Canada:  by  province 86 

total 86     ....       85 

U.S.A.:    total 85 

U.S.  Direct  Investment  in  Canada 66 

Wheat — see  Wheat 

See  also  individual  commodities  or  groups 
Aircraft 

Exports:  value 52,  106,  158,  228 

Airlines  (Commercial) 

Employees:  numbers 117 

Expenses 117 

Revenue  Traffic:  passenger,  freight  &  mail 117 

Salaries  &  Wages 117 

Aluminum 

Exports:  value 51,  105,  157,  227 

volume 17,  71,  122,  175 

Animal  Products 

Imports:  value 35,  89,  137,  207 

U.S.  Direct  Investment  in  Canada 66 

Wholesale  Price  Index M 

See  also  Cattle  &  Meats  and  Livestock 
Asbestos 

Exports:  value 52,  106,  158,  228 

volume 17,  71,  122,  175 

Production:  value  &  volume 12 

Assets — See  Bank  of  Canada,  Chartered  Banks,  and 
Liquid  Assets  (General  Public) 

B 

Balance  of  Payments 

Estimates 67,  68 

Merchandise  Trade  Balance M 

Bank  Deposits 

Bank  of  Canada  &  Chartered  Banks M 

See  also  Chartered  Banks 
Bank  Loans — See  Chartered  Banks  and  Loans  &  Investments 
Bank  of  Canada 

Assets M 

Deposits M 


INDEX  1952 

M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

Bank  of  Canada — continued 

Foreign  Exchange M 

Gold  &  Exchange  Holdings:  net M 

Investments M 

See  also  Loans  &  Investments 

Liabilities M 

Note  Circulation M     .  126 

Banks — See  Bank  of  Canada  and  Chartered  Banks 

Beverages 

Exports:  value 52,  106,  158,  228 

Financial  Statistics 79,  183,  189,  191 

Imports:  value 35,  89,  137,  207 

volume 18,  72,  136,  176 

Bond  Issues 

Amount  Outstanding 10 

New  Issues  and  Retirements 9,  62,  116,  171 

Summary  of  Changes  in  Currency  of  Payment 10,  62,  116,  171 

See  also  Government  Bonds 

Business  Activity M 


c 

Canadian  National  Railways 

Bonds  Outstanding:  total  gtd.  &  ungtd.:  by  currency  of  payment    .  10 

Deficit 63 

Loans  from  Government  of  Canada 63 

New  Issues  and  Retirements — see  Bond  Issues 
Capital  Issues — See  Bond  Issues 
Car  Loadings 

Volume M 

Cash  (Chartered  Banks) M 

Cash  Income — See  Farm  Income  and  Personal  Income 

Cash  Ratio  (Chartered  Banks) M 

Cattle  &  Meats 

Exports:  value 51,  105,  157,  227 

volume 17,  71,  122,  175 

Census  Statistics — See  Population  Statistics 
Central  Electric  Stations — See  Electric  Power 
Chartered  Banks 

Assets M 

Cash M 

Cash  Ratio M 

Deposits:  active  total M 

annual  classification 164 

Canadian  total M 

demand M,  164 

foreign M 

notice:  active M 

inactive:  resident:  corporate  &  non-corporate        .        .  145 

resident  &  non-resident 23,  77,  125,  145,  181 

total M      . 

total M,  164     .        .        . 

savings— see  notice  (above) 

total M 

with  Bank  of  Canada M 

Investments M      .        .        .        . 

See  also  Loans  &  Investments 

Liabilities M 


37,91 
38 


1 


38,  56,  111,215 


37,  91 


INDEX  1952 


M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

Chartered  Banks — continued 

Loans:  call M 

Canadian  total M     ....       37,  91 

classification:  estimated  quarterly 5,  6,  59,  113,  163    .       55,  112,  164 

current M      ....       92,  181 

foreign M 

See  also  Loans  &  Investments 
Note  Circulation — see  Note  Circulation 
Security  Holdings — see  Investments  (above) 
Chemicals  &  Allied  Products 

Exports:  value 52,  106,  158,  228 

Financial  Statistics 79,  183,  189,  200 

Imports:  value 35,  89,  137,  207 

Loans:  chartered  banks 5,  6,  59,  113,  163 

U.S.  Direct  Investment  in  Canada 66 

Clothing 

Earnings:  hourly 81,  223 

weekly 82 

Financial  Statistics 79,  183,  189 

Hours  Worked 81,  223 

Loans:  chartered  banks 5,  6,  59,  113,  163 

Retail  Price  Index:  Canada M      ....       14 

U.S.A 100,  154 

Coal 

Consumption 130   ....       130 

Financial  Statistics 79,  183,  189 

Imports:  value 36,  90,  138,  208 

volume 18,  72,  136,  176 

Production:  value  &  volume 12     ....        11 

Communications— See  Transportation  &  Communications 
Construction 

Contracts  Awarded :  value :  by  area 103 

by  type  &  total 103  ....       103 

residential M,  103     .        .  103 

Dwelling  Units:  index  of  building  costs 50 

started  &  completed:  by  province  &  type         .        .  50  .50 

Earnings:  hourly 81,  223     ...       82 

weekly 82 

Employment:  index 48,  101,  153 

Hours  Worked 81,  223     ...       82 

Investment:  private 28 

Loans:  chartered  banks 5,  6,  59,  113,  163 

Payrolls:  index 48,  101,  153 

Consumer  Credit 

Value  Outstanding:  by  type 44,  98,  148,  222  44,  98,  148,  222 

Consumer  Price  Index 

Canada 173,  205,  225 

U.S.A 100,  154 

See  also  Cost  of  Living  Indexes 
Copper 

Exports:  value 51,  105,  157,  227 

volume 17,  71,  122,  175 

Production:  value  &  volume 12     ....       7/ 

Corporate  Finance 

Balance  Sheet 184-188,  190-203 

Bond  Issues  &  Retirements 9,  62,  116,  171 

Bonds  Outstanding:  by  currency  of  payment 10 

Liquid  Asset  Holdings 145,  146 

Source  &  Use  of  Funds 184-188,  190-203 

Taxation 64,  79,  169,  184-188,    65,  80 

190-203 


INDEX  1952 

M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

Corporate  Profits 79,  183-203     .       .       80 

Cost  of  Living  Indexes 

Component  Indexes 14,  30,  45,  69,  83,  14 

100,  118,  129,  154 

Farm  Index 86 

See  also  Consumer  Price  Index 
Cotton 

Imports:  value 36,  90,  138,  208 

volume 18,  72,  136,  176 

Credit  Buying — See  Consumer  Credit 
Crude  Oil 

World  Production:  by  country 131,  132    ■ 

See  also  Petroleum 
Currency  &  Active  Bank  Deposits 

Composition M 

Holdings:  resident:  corporate  &  non-corporate 145 

resident  &  non-resident 23,  77,  125,  145,  181 

total M     ....      1, 19, 73 

See  also  Chartered  Banks 
Current  Loans — See  Chartered  Banks:  Loans 


D 

Dairy  Products 

Cash  Income 

Consumption:  per  capita:  index       .        . 

Exports:  value 

volume 

Manufactured:  value 

volume 

Production:  value 

volume 

Department  Store  Sales 

Deposit  Certificates 

Amount  Outstanding 

Deposits — See  Bank  Deposits,  Bank  of  Canada,  and 

Chartered  Banks 
Dividends — See  Interest  &  Dividends 


49,  155 


51,  105,  157,  227 
17,  71,  122,  175 
104 
104  . 


104 
104 

M 


9,  62,  64,  116,  171 


49 
104 


104 
104 


E 

Earnings — See  Personal  Income  and  Salaries  &  Wages 
Electric  Power 

Capacity 

Consumption 

Exports:  volume 

Financial  Statistics 

Production:  volume 
Electrical  Apparatus 

Exports:  value     . 

Financial  Statistics 

Imports:  value    . 

Loans:  chartered  banks 
Employment 

Index:  by  industries  . 
total    .     . 

Numbers 
Energy  Sources 

Use  of  Domestic  &  Imported  Sources 

Expenditure — See  Gross  National  Expenditure,  Personal 

Consumption  Expenditure,  and  Public  Finance 
Exports — See  External  Trade 


102  . 

102 

79,  183,  189,  203 

M,  102     . 

51,  105,  157,  227 
79,  183,  189,  196 
36,  90,  138,  208 
5,  6,  59,  113,  163 

48,  101,  153 

M 

120,  151,  152,  224 

130   .        .        . 


102 
102 


102 


130 


INDEX  1952 


M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

External  Trade 

Balance  of  Merchandise  Trade — See  Merchandise  Trade  Balance  (below) 

Capital  Account  Items 68 

Current  Account  Items 67 

Exports:  goods  &  services:  value 27     ....       28 

merchandise:  value:  by  commodities 51,52,105,106, 

157,  158,  227,  228 

by  countries M     ....       54,  140,  210 

index  of  total 108,  155,  225  .  108 

index  of  unit 108,  155,  225  .        .       13,  108,  206 

volume:  by  commodities 17,  71,  122,  175 

index 108,  155,  225  .  108,  206 

Imports:  goods  &  services:  value 27     ....       28 

merchandise:  value:  by  commodities 35,36,89,90,137 

138,  207,  208 

by  countries M     ....       54,  140,  210 

index  of  total 108,  155,  225  .  108 

index  of  unit 108,  155,  225  .  13,  108,  206 

volume:  by  commodities 18,  72,  136,  176 

index 108,  155,  225  .        .       108,  206 

Invisible  Items 67 

Merchandise  Trade  Balance M 

Merchandise  Trade  in  Balance  of  International  Payments         ...  67 

Terms  of  Trade 108,  155,  225 

F 

Farm  Income  ^\ 

Cash :  value :  by  products 49/155  j  .        .        .       49 

by  regions 49,  85,  155 

Government  Payments 49,  85,  155      .        .      \49 

Net  &  Gross  Income !    85        / 

Farm  Operating  &  Living  Costs !   86     / 

Farm  Products  \y/ 

Exports:  value 51,  105,  157,  227 

volume 17,  71,  122,  175 

Imports:  value 35,  89,  137,  207 

Wholesale  Price  Index:  Canada M 

U.S.A M 

See  also  individual  commodities  or  groups 
Fertilizers 

Exports:  value 52,  106,  158,  228 

volume 17,  71,  122,  175 

Field  Crops 

Cash  Income 49,  155     .        .        .       49 

Wholesale  Price  Index M 

See  also  Grain  &  Products  and  Wheat 
Finance,  Insurance  &  Real  Estate 

Employment:  index 48,  101,  153 

Loans:  chartered  banks 5,  6,  59,  113,  163 

Payrolls:  index 48,  101,  153 

U.S.  Direct  Investment  in  Canada .66 

Fisheries 

Exports:  value 52,  106,  158,  228 

volume 17,  71,  122,  175 

Food  Products 

Earnings:  hourly 81,  223 

weekly 82 

Financial  Statistics 79,  183,  189,  190 

Hours  Worked 81,  223 

Loans:  chartered  banks 5,  6,  59,  113,  163 


INDEX  1952 

M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

Food  Products — continued 

Retail  Price  Index:  Canada M     ....       14 

U.S.A 100,  154 

Wholesale  Price  Index:  U.S.A 46,  69,  83,  99,  118, 

129,  152,  172,  205,  224 
See  also  Fruits  &  Vegetables 

Foreign  Exchange 

Capital  Movement 68 

Gold  &  U.S.  Dollar  Holdings 42,  96,  149,  217 

Rates:  sterling  in  Canada M 

U.S.  dollar  in  Canada M     .        .        .        .       M 


Foreign  Investment 

Canadian  Direct  Investment  Abroad 68 

Non-Resident  Investment  in  Canada 66,  68 

U.S.  Direct  Investment  in  Canada 66 


Foreign  Trade — See  External  Trade 

Forest  Products 

Employment:  index 
Exports:  value     . 
volume 
Financial  Statistics 
Imports:  value    . 
Loans:  chartered  banks 
Payrolls:  index 
U.S.  Direct  Investment  in  Canada 
See  also  Newsprint 

Fruits  &  Vegetables 

Exports:  value    .... 
Imports:  value     .... 
volume 


Fuel  &  Lighting 

Retail  Price  Index:  Canada 


U.S.A 

See  also  Coal,  Natural  Gas,  and  Petroleum 

Funded  Debt — See  Public  Finance:  Debt 

Furnishings 

Loans:  chartered  banks 

Retail  Price  Index:  Canada      .... 


U.S.A. 


Furs 


Exports:  value 
Imports:  value 


48,  101,  153 
52,  106,  158,  228 
17,  71,  122,  175 
79,  183,  189 
36,  90,  138,  208 
5,  6,  59,  113,  163 
48,  101,  153 
66 


51,  105,  157,  227 
35,  89,  137,  207 
18,  72,  136,  176 

14,  30,  45,  69,  83, 
100,  118,  129,  154 
100,  154 


5,  6,  59,  113,  163 
14,  30,  45,  69,  83, 
100,  118,  129,  154 
100,  154 

52,  106,  158,  228 
35,  89,  137,  207 


14 


14 


G 

Gold 

Financial  Statistics:  mining  companies 79,  183,  189,  197 

Non-Monetary:  exports:  value M,  52,  67,  106,  158, 

228 

volume 17,  71,  122,  175 

Official  Holdings  of  Government  of  Canada:  value 42,  96,  149,  217 

volume 7,  60,  115,  165 

Production:  value 12     ....        11 

volume M     ....       11 

Sources  &  Disposition 7,  60,  115,  165 


INDEX  1952 


M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

Government  Bonds 

Amount  Outstanding:  by  currency  of  payment  and  issuing  body  10 

Holdings:  Bank  of  Canada M 

Bank  of  Canada  &  Chartered  Banks M 

Chartered  Banks M     ....       37.91 

General  Public:  resident:  corporate  &  non-corporate  145,  146 

resident  &  non-resident 23,  77,  125,  145, 

146,  181 

total M      ....       1 

New  Issues  &  Retirements 9,  62,  116,  171 

Sales  &  Purchases:  international 120,  150,  217 

Yields:  domestic:  Canada,  U.K.,  &U.S.A M,  42,  96,  150,  215       41,95,  182,  216 

foreign:  Canada 42,  96,  150,  215 

See  also  Public  Finance:  Debt 
Government  Finance — See  Public  Finance 
Grain  &  Products 

Exports:  value 51,  105,  157,  227 

volume 17,  71,  122,  175 

Financial  Statistics 79,  183,  189 

Imports:  value 35,  89,  137,  207 

Loans:  chartered  banks 5,  6,  59,  113,  163 

See  also  Wheat 
Grains 

Acreage  &  Production:  by  province 33,  133 

by  type 33,  133     .        .               134 

See  also  Wheat 
Gross  National  Expenditure 

Value:  in  constant  dollars 28 

in  current  dollars 27     ....       28 

Gross  National  Product 27     ....      28 

H 

Health  &  Hospital  Care — See  Public  Finance:  Public  Welfare 

Hides  &  Leather 

Financial  Statistics 79,  183,  189 

Imports:  value 35,  89,  137,  207 

Housing — See  Construction  and  Public  Finance:  Housing  Loans 


Imports — See  External  Trade 

Income — See  Corporate  Profits,  Farm  Income,  Interest  &  Dividends, 

Personal  Income,  and  Salaries  &  Wages 
Industrial  Development  Bank 

Capital  Stock  held  by  Bank  of  Canada M 

Instalment  Finance 

Credit  Outstanding 44,  98,  148,  222      .       44,  98,  148,  222 

Loans:  chartered  banks 5,  6,  59,  113,  163 

Interest  &  Dividends 27,  29,  67,  79,  183-      28,  29,  80 

188,  190-203 
Internal  Trade 

Employment:  index 48,  101,  153 


Financial  Statistics     . 
Loans:  chartered  banks 
Payrolls:  index    .... 
U.S.  Direct  Investment  in  Canada 
See  also  Retail  Trade 


79,  183,  189,  201,  202 

5,  6,  59,  113,  163   .       55,  112,  164 

48,  101,  153 

66 


INDEX  1952 

M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

International  Sales  &  Purchases  of  Securities 

By  Nationality  of  Issuer  &  Type 120,  150,  217 

Inventories 

Agriculture 29,  85 

Total 27 

Investment 

Government 28 

Gross  Domestic 27     ....       28 

Iron  Ore 

Imports:  value 35,  89,  137,  207 

volume 18,  72,  136,  176 

Production:  value  &  volume 12 

Iron  &  Steel 

Earnings:  hourly 81,  223 

weekly 82 

Exports:  value 51,  105,  157,  227 

Financial  Statistics 79,  183,  189,  194 

Hours  Worked 81,  223 

Imports:  value 35,  89,  137,  207 

volume 18,  72,  136,  176 

Loans:  chartered  banks 5,  6,  59,  113,  163 

U.S.  Direct  Investment  in  Canada 66 

See  also  Steel 

L 

Labour  Force 120,  151,  152,  224 

See  also  Employment 

Labour  Income — See  Salaries  &  Wages 

Lead 

Exports:  value 51,  105,  157,  227 

volume 17,  71,  122,  175 

Production:  value  &  volume 12 

Leather— See  Hides  &  Leather 

Liquid  Assets  (General  Public) 

Holdings:  composition M     ....       1,  19, 73 

resident:  corporate  &  non-corporate 145,  146 

resident  &  non-resident 23,  77,  125,  145, 

146,  181 
Related  Factors M     ....       2,  20,  74 

Livestock 

Cash  Income 49,  155     .        .        .       49 

See  also  Cattle  &  Meats 

Loans  &  Investments 

Bank  of  Canada  &  Chartered  Banks 4,  22,  40,  58,  76,  2,  20,  74 

94,  112,  126 
See  also  Bank  of  Canada,  Chartered  Banks,  Investment, 
and  Public  Finance 

Logging — See  Forest  Products 

M 

Machinery 

Exports:  value 51,  105,  157,  227 

Financial  Statistics 79,  183,  189,  195,  196 

Imports:  value 35,  89,  137,  207 

Investment:  private 28 


INDEX  1952 


M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 


Manufactures 

Earnings:  hourly 
weekly 
Employment:  index    . 
Hours  Worked    . 
Loans:  chartered  banks 
Payrolls:  index    . 

U.S.  Direct  Investment  in  Canada 
Wholesale  Price  Index:  Canada 

U.S.A. 
See  also  individual  commodities  or  groups  and  Business  Activity 

Metals 

Production:  value  &  volume 

See  also  individual  metals  and  Non-Ferrous  Metals 

Minerals 

Earnings:  hourly 
weekly 
Employment:  index    . 
Hours  Worked     . 
Loans:  chartered  banks 
Payrolls:  index    . 
Production:  value  &  volume 
U.S.  Direct  Investment  in  Canada 
See  also  individual  minerals  and  Non-Metallic  Minerals 

Money — See  Bank  of  Canada,  Chartered  Banks,  and  Note  Circulation 

Money  Supply— See  Currency  &  Active  Bank  Deposits 

Motor  Vehicles 

Exports:  value 

volume 

Imports:  value 

volume 


Tables 

31,  81,  135,  223 
31,  82,  135 
48,  101,  153 
31,  81,  135,  223 
5,  6,  59,  113,  163 
48,  101,  153 
66 
M 
13,30 


12 


Charts 

31,  82,  135 

82 


81,  223     . 

82 

48,  101,  153 

81,  223     . 

5,  6,  59,  113,  163 

48,  101,  153 

12     . 

66 


// 


82 


82 


11 


Municipal  Finance — See  Public  Finance:  Municipalities 
Mutual  Aid 


51,  105,  157,  227 

17,  71,  122,  175 
35,  89,  137,  207 

18,  72,  136,  176 


27,  63,  67 


N 

National  Debt — See  Public  Finance 

National  Income — See  Corporate  Profits,  Farm  Income, 
Gross  National  Product,  and  Salaries  &  Wages 

Natural  Gas 

Consumption 130   ....       130 

Financial  Statistics 79,  183,  189 

Production:  value  &  volume 12 

New  Issues — See  Bond  Issues 

Newsprint 

Canada:  exports:  price 87 

value 52,  106,  158,  228 

volume 17,  71,  122,  175 

production:  volume M,  87,  221       .        .       87 

North  America:  supply,  consumption  &  stocks 87,  221  87 

Nickel 

Exports:  value 51,105,157,227 

volume 17,  71,  122,  175 

Production:  value 12     ....       11 

volume M,  12      ...       11 


INDEX  1952 


10 


M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

Non-Ferrous  Metals 

Exports:  value 

Financial  Statistics 


Imports:  value 

U.S.  Direct  Investment  in  Canada 
Non-Metallic  Minerals 

Exports:  value 

Financial  Statistics     .        .        .        . 

Imports:  value 

Production:  value  &  volume     . 

U.S.  Direct  Investment  in  Canada 

See  also  individual  minerals 
Note  Circulation 


52,  106,  158,  228 
79,  183,  189,  198 
36,  90,  138,  208 
66 


52,  106,  158,  228 
79,  183,  189 
36,  90,  138,  208 
12     . 
66 

M     . 


11 


126 


o 

Oil — See  Crude  Oil  and  Petroleum 

Old  Age  Security — See  Public  Finance:  Old  Age  Security 


P 

Paper,  Wood  Pulp  &  Pulpwood 

Exports:  value 52,  106,  158,  228 

volume 17,  71,  122,  175 

Financial  Statistics 79,  183,  189,  193 

Imports:  value 36,  90,  138,  208 

See  also  Newsprint 

Payrolls— See  Salaries  &  Wages 

Personal  Consumption  Expenditure 

Value:  in  constant  dollars 28 

in  current  dollars 27,  29       ...       28,  29 

Personal  Income 29  29 

Petroleum 

Consumption 130,  131,  132  .        .       130 

Financial  Statistics 79,  183,  189,  199 

Imports:  value 36,  90,  138,  208 

volume 18,  72,  136,  176 

Loans:  chartered  banks 5,  6,  59,  113,  163 

Production:  value 12     ....       // 

volume 12,  131,  132    .        .       // 

Sources  &  Use 131,  132 

Population  Statistics 

By  Age  Groups  '. 84     ....       84 

By  Cities 119 

By  Provinces 84     ....       84 

Estimated  Growth 119 

Power — See  Electric  Power 

Precious  Metals 

Exports:  value 52,  106,  158,  228 

Production:  value  &  volume 12 

See  also  Gold  and  Silver 

Prices — See  individual  commodities  or  groups  or  Consumer  Price  Index, 
Cost  of  Living  Indexes,  and  Wholesale  Price  Indexes 

Printing  &  Publishing 

Financial  Statistics 79,  183,  189 

Production— See  individual  commodities  or  groups  or  Business  Activity, 
Electric  Power,  Manufactures,  and  Minerals 

Profits — See  Corporate  Profits 

Public  Debt — See  Public  Finance 


11  INDEX  1952 

M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

Public  Finance 

Canadian  National  Railways — See  Canadian  National  Railways 
Government  of  Canada 

Agriculture:  expenditures 63 

Annuities 63,  64 

Balance  at  Bank  of  Canada M 

Bond  Issues  &  Retirements 9,  62,  116,  171 

See  also  Debt  (below)  and  Government  Bonds 

Budget  Deficit  or  Surplus 65 

Cash  Balances 64 

Debt,  Funded:  direct:  by  currency  of  payment 10 

holdings:  Bank  of  Canada         ....  143,145,146,161, 

179,  213 

Bank  of  Canada  &  Chartered  Banks  M 

Chartered  Banks       .        .        .        .  M,  145,  146    .        .       37,  91 
General  Public: 

corporate  &  non-corporate  145,  146 

resident  &  non-resident     .  23,  77,  125,  145,  146, 

181 

total M     .        .        .        .       / 

international  sales  &  purchases        .        .        .  120,  150,  217 

net  outstanding 64 

types  outstanding  &  distribution     .        .        .  143-146,  161,  162, 

179,  180,  213,  214 

Defence  Production 63 

Deposit  Certificates — see  Deposit  Certificates 

Exchange  Fund  Account 63 

Expenditures:  by  items  &  departments 63     ....       65 

total 27, 63       ...       28,  65 

Family  Allowance  Payments 63 

Financial  Requirements 63 

Housing  Loans 63 

Interest 63     ....       65 

Loans  &  Investments 63 

National  Defence 63     ....       65 

Old  Age  Security 63,  64 

Public  Welfare 63     ....       65 

Retirements — see  Bond  Issues  &  Retirements  and  Debt  (above) 

Revenue:  by  items 64 

total 64     ....       65 

Securities  Investment  Account 64 

Sinking  Funds 10 

Succession  Duties 64 

Taxation:  collection:  by  items 64     ....       65 

Transfer  Payments 29,  63       ...       29 

Transportation:  expenditures 63 

Treasury  Bills — see  Treasury  Bills 

Unemployment  Insurance 63 

War  &  Demobilization  Expenditure 63     ....       65 

Government  of  Canada  &  Provinces 

Debt,  Funded:  held  by  Bank  of  Canada        .......  M 

Deposits  with  Chartered  Banks M 

Subsidies  &  Grants 63,  169 

Tax  Agreements:  transfers 63,  169 

Municipalities 

Debt  Outstanding:  by  class  of  muncipality  and  province   .        .  219 

direct  &  guaranteed:  by  currency  of  payment  10 

Debt  Service 220 

Education:  expenditures  220 

Expenditures:  by  items 220 


.. 


INDEX  1952  12 

M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

i 

Tables  Charts 

Public  Finance — continued 

Loans:  chartered  banks 5,  6,  59,  113,  163 

Public  Welfare 220 

Revenue:  by  items 220 

Sinking  Funds 10,  219 

Taxation:  collection:  by  items 220                                                                                             > 

Transportation:  expenditures 220 

Provinces 

Agriculture:  expenditures 170 

Bond  Issues  &  Retirements 9,  62,  116,  171 

Debt  Outstanding:  direct  &  gtd:  by  currency  of  payment          .        .  10 

held  by  Chartered  Banks        .        .  M 

direct  &  indirect:  by  provinces      ....  167,  168 

Debt  Service 170                                                                                             ; 

Education:  expenditures 170 

Expenditures:  by  items 170 

Loans:  chartered  banks 5,  6,  59,  113,  163 

Public  Welfare 170 

Retirements — see  Bond  Issues  &  Retirements  (above) 

Revenue:  by  items 169 

Sinking  Funds 10,  167 

Succession  Duties 169 

Taxation:  collection:  by  items 169 

Transportation:  expenditures 170                                                                                              I 

Provinces  &  Municipalities 

Subsidies 170 

Public  Utilities 

Employment:  index 48,  101,  153 

Financial  Statistics 79,  183,  189,  203                                                                       ! 

Loans:  chartered  banks 5,  6,  59,  113,  163 

Payrolls:  index 48,  101,  153 

U.S.  Direct  Investment  in  Canada 66 

See  also  Electric  Power 
Pulpwood — See  Paper,  Wood  Pulp  &  Pulpwood 

R 

Railways  (Steam) 

Earnings  &  Expenses 32 

Employees:  numbers 32 

Salaries  &  Wages 32 

Traffic:  freight  &  passenger 32 

See  also  Car  Loadings 
Raw  Materials 

Wholesale  Price  Index:  Canada M 

U.S.A 13,30 

Relief 

Government  of  Canada 27,  63 

Municipalities 220 

Provinces 170 

Rent 

Index:  Canada M      ....       14 

U.S.A 100,  154 

Retail  Price  Indexes 

Canada M      ....       14 

U.S.A 100,  154 

See  also  individual  commodities  or  groups 
Retail  Trade 

Consumer  Credit  Outstanding 44,  98,  148,  222 

Financial  Statistics 79,  183,  189,  202 

See  also  Department  Store  Sales 


13 


INDEX  1952 


M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

Rubber 

Exports:  value 52,  106,  158,  228 

Financial  Statistics 79,  183,  189 

Imports:  value 35,  89,  137,  207 

volume 18,  72,  136,  176 


s 

Salaries  &  Wages 

Earnings:  by  industry 81,  82,  223       .        .       82 

manufacturing 31,  81,  82,  135,  223       31,  82,  135 

Payrolls:  index:  by  industry 48,  101,  153 

total M 

Total 27     ....       28.29 

Savings  (Personal) 29     ....       29 

Securities — See  Bank  of  Canada,  Bond  Issues,  Chartered  Banks, 

Government  Bonds,  International  Sales  &  Purchases  of  Securities, 

Loans  &  Investments,  and  Public  Finance 
Security  Prices — See  Government  Bonds 
Services 

Earnings:  hourly 81,  223     ...       82 

weekly 82 

Employment:  index 48,  101,  153 

Financial  Statistics 79,  183,  189,  201,  202 

Hours  worked 81, 223     ...       82 

Payrolls:  index 48,  101,  153 

Ships  &  Vessels 

Exports:  value 52,  106,  158,  228 

Silver 

Exports:  volume 17,  71,  122,  175 

Production:  value  &  volume 12 

Steel 

Production:  volume M 

Stock  Exchanges 

Common  Stock  Prices:  index 47 

Market  Value  of  Listings:  Toronto  &  Montreal 47     ....       47 

Member  Borrowings:  Toronto  &  Montreal 47 

Quoted  Value  Index:  by  industrial  group:  Toronto 47 

Shares  Traded:  value:  Toronto  &  Montreal 47 


Taxation 

Collection:  by  items:  Government  of  Canada 64 

Municipalities 220 

Provinces 169 

Direct:  personal 29 

Indirect:  less  subsidies 27 

See  also  Corporate  Finance 
Telephones 

Financial  Statistics 79,  183,  189 

Textiles 

Exports:  value 51,  105,  157,  227 


65 


29 


Financial  Statistics     . 

Imports:  value    . 
volume 

Loans:  chartered  banks 

U.S.  Direct  Investment  in  Canada 
Timber — See  Forest  Products 
Tobacco 

Financial  Statistics     . 


79,  183,  189,  192 
36,  90,  138,  208 
18,  72,  136,  176 
5,  6,  59,  113,  163 
66 


79,  183,  189 


INDEX  1952  14 

M  indicates  every  issue. 

Unless  otherwise  stated  tables  and  charts  refer  to  Canada  only. 

Tables  and  charts  indexed  under  the  same  heading  do  not  necessarily  relate  to  the  same  intervals  or  units  of  time. 

Tables  Charts 

Trade — See  External  Trade  and  Internal  Trade 
Transportation  &  Communications 

Earnings:  hourly 81,  223 

weekly 82 

Employment:  index 48,  101,  153 

Financial  Statistics 79,  183,  189 

Hours  Worked 81,  223 

Loans:  chartered  banks 5,  6,  59,  113,  163 

Payrolls:  index 48,  101,  153 

See  also  Airlines  (Commercial)  and  Railways  (Steam) 
Treasury  Bills 

Amount  Outstanding:  Government  of  Canada 9,  62,  64,  116,  171 

Provinces 167,  168 

Tender  Rate:  Canada,  U.K.,  U.S.A M 

u 

Unemployment 120,  151,  152,  224 

Unemployment  Insurance 

Benefits  Paid  &  Revenue 26 

Claims 26     ....       25 

Government  Expenditures 63 

Unplaced  Applicants:  by  provinces 26 

V 

Vehicles  &  Parts — See  Machinery  and  Motor  Vehicles 

w 

Wages — See  Salaries  &  Wages 
Water  Power 

Consumption 130   ....       130 

Wheat 

Acreage  &  Production:  by  province 33,  133 

total 33,  133     .       .       .       134 

Statistical  Position :  supplies  &  distribution 134 

World  Supplies:  stocks  &  production:  volume 15     ....       15 

Wheat  &  Flour 

Exports:  value 51,  105,  157,  227 

volume 17,  71,  122,  134,  175 

Wholesale  Price  Indexes 

Canada M      ....       13 

U.K M 

U.S.A M 

See  also  individual  commodities  or  groups 
Wholesale  Trade 

Financial  Statistics 79,  183,  189,  201 

Wood  Products — See  Forest  Products 

Wood  Pulp — See  Paper,  Wood  Pulp  &  Pulp  wood 

Wool 

Imports:  value 36,  90,  138,  208 

volume 18,  72,  136,  176 

z 

Zinc 

Exports:  value 52,  106,  158,  228 

volume 17,  71,  122,  175 

Production:  value  &  volume 12     ....       11 


ERRATA 

STATISTICAL  SUMMARY:    JULY   1952 
BANK  OF  CANADA 


Page   117     Table  X: 
Transportation;     Canadian  Commercial  Airlines 

The  data  under  Revenue  Freight  and 
Revenue  Mail  Traffic,    Tons  Carried,    are 
expressed  in  tons  and  not  thousands  of  tons.