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Full text of "Statistical summary, January - December 1953"

F CAN AD 




^J'ih, 






TATISTICAL SUMMARY 

BANK OF CANADA 



Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 1-2 

II Chartered Banks: 

Liabilities and Assets 1-2 

Chartered Banks: Ratio of Cash in Canada to Canadian Deposits . . 3 

Chartered Banks: Distribution of Major Canadian Assets ... 3 

III Chartered Banks: 

Estimated Quarterly Classification of Loans in Canada 4 

IV General Public Holdings of Certain Liquid Assets 5-6 

V Bond Issues and Retirements 7 

VI Bonds Outstanding 8 

VII Government Bond Yields and Treasury Bill Rates 8 

VIII Foreign Exchange Rates 9 

United States Dollar in Canadian Funds 9 

IX Canadian Gold Statistics 10 

X Labour Force Status of the Population 10 

XI Business Activity 11 

Selected Indexes of Industrial Production 11 

XII Average Hourly Earnings in Certain Industries 12 

Average Hourly Earnings in Certain Industries 12 

XIII Grains: Production, Acreage and Yield 13 

Agriculture: Indexes of Production and Farm Cash Income ... 13 

XIV Consumer Price Index 14 

XV Wholesale Prices 14 

XVI Exports and Imports: Indexes of Total Value, Unit Value and 

Physical Volume 15 

Exports and Imports: Indexes of Unit Value and Physical Volume . 15 

XVII Merchandise Trade: Exports and Imports by Countries 16 

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

XIX 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 1953 





















1 — UAIMK 






















Millions of Dollars 












LIABILITIES 










ASSETS 






1 






Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Other 
Deposits 


Foreign 
Currency 
Deposits'" 


.'\ctive 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


Total 
Liabilities Gold 
or 1 
Assets 


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 




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 
if 


~ 


64,3 


181.9 


49.9 


- 


- 


231.8 


- 


5.5 


1939 


1946 
1947 
1948 


176 9 


665.5 


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 


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 
1952 


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 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


- 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


1952 


End of 
1951 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 


End of 
Oct.— 1951 


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. 
Feb. 


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 


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. 


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 


Aue. 


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 


- 


67.6 


1,214.3 


957.3 


25.0 


12.4 


2,208.9 


- 


34.8 


Nov. 


Dec. 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


- 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


" 


39.2 


Dec. 



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



II- 



Millions of Dollars 



-CHARTERED BANKS 

Bank oj' Canada 



Millions of Dollars 



As at Dec. 31 
1929 
1932 
1937 
1949 
1950 
1951 
1952 
End of 
1951— Oct. 
Nov. 
Dec. 

1952- Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 



LL^BILITIES 



Notes 



175 

127 

102 

14 



Deposits 



Demand 



729 
466 
699 
2,426 
2,770 
2,963 
3,242 

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 
3,242 



Notice 



Govt, of 

Canada 

and Prov. 



1,434 
1,378 
1,583 
4,433 
4,558 
4,612 
4,924 

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 
4,924 



92 
72 
53 
367 
500 
322 
255 

270 
276 
322 

363 
372 
407 
340 
360 
341 
359 
311 
264 
351 
269 
255 



Canadian 
Deposits 



2,270 
1,928 
2,387 
7,348 
7,997 
8,088 
8,623 

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 
8,623 



Foreign 



Total 
Deposits 



442 
329 
409 
730 
735 
795 
865 

784 
784 
795 

762 
758 
778 
806 
817 
848 
838 
847 
864 
835 



(I) Estimated month-end deposits payable 



2,820 
2,306 
2,819 
8,177 
8,867 
9,003 
9,570 

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 
9,570 



ASSETS 



Cash 
in (3) 
Canada 



228 
211 
250 
753 
810 
892 



821 
829 
892 

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 

2,784 

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 
2,784 



445 
416 
355 
379 

342 
357 
355 

339 
330 
325 
310 
315 
306 
309 
326 
368 
380 
392 
379 



Foreign 
Govt. 



Other 



151 
216 



59 


242 


242 


545 


193 


599 


200 


567 


255 


537 


226 


582 


214 


578 


200 


567 


214 


556 


233 


556 


284 


547 


291 


550 


266 


552 


256 


553 


249 


548 


244 


545 


262 


545 


233 


543 


230 


545 


255 


537 



Total 



448 
778 
1,411 
4,345 
4,286 
3,876 
3,955 

3,876 

3,894 

I 3,876 

3,927 
4,003 
4,095 
4,068 
4,100 
4,067 
4,135 
4,139 
4,202 
4,147 
4,006 
3,955 



1 Crinadian currency. 



January 19S0i liability for outstanding noVes issued for cii^cuTation In Canada transferrS tTsL^ ^!''cl.^JLi^:^''!^i;i^^'^lS! 



(2) Includes inter-bank deposits. (3) Until Marcli 1935. Gold and Coin in Canada, Domin 

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



Loans 



262 
103 
76 
133 
134 
107 
155 

111 
96 
107 

107 
95 
97 
140 
132 
138 
145 
147 
135 
130 
121 
1S5 



1,403 
964 
749 
2,174 
2,651 
2,901 
3,188 

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 
3,188 



122 
140 
113 
97 
125 
127 
101 

141 
149 
127 

128 
130 
152 
161 
167 
156 
125 
121 
114 
116 
108 
101 



245 
91 
60 
70 
100 
131 
170 

82 
90 
131 



94 
85 
138 
156 
155 
167 
135 
110 
145 
156 
170 



251 
152 
166 
211 

247 
278 
264 

290 
285 
278 

276 
276 
280 
279 
287 
269 
268 
255 
265 
263 
273 
264 



Total 
Assets 



3,521 
2,852 
3,281 
8,718 
9,496 
9,610 
10,157 

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 
10,157 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 


Canadian 


Note ,5) 




(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 


lO.I 


1,085 


1950 


791 


7,759 


10.2 


1,132 


1951 


845 


8,110 


10.4 


1,207 


1952 


804 


7,743 


10.4 


1,164 


Oct.— 1951 


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 


^P""- 


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.S 


1,231 


Sept. 


868 


8,393 


10.3 


1,246 


Oct. 


848 


8,443 


10.0 


1,255 


Nov. 


840 


8,314 


10.1 


1,282 


Dec. 



zTs^;;^^is^ts:?i^'^^:^&:i^^^^^s^ 



JANUARY 1953 
CHARTERED BANKS: RATIO OF CASH IN CANADA TO CANADIAN DEPOSITS 

PERCENT PERCENT 




OJ FMAMJJASONDJ FMAMJJASONDJ FMAMJJASONDJFMAMJJASOND 
1949 1950 1951 1952 



CHARTERED BANKS: DISTRIBUTION OF MAJOR CANADIAN ASSETS 

(EXPRESSED AS A PERCENTAGE OF CANADIAN DEPOSITS) 



PERCENT 



PERCENT 




JANUARY 1953 



Millions of Dollars 



III— CHARTERED BANKS 
Estimated Quarterly Classification of Loans in Canada <"' 

Department of Finance and Bank of Canada 



As AT END OF 



1950 



Dec. 



1951 



Sept. 



Dec. 



1952 



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 <''. 



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) 
(4) 
(5) 
(6) 
(7) 
(8) 



Public utilities, transportation & communications. 

Construction contractors 

Grain dealers and exporters 

Instalment finance companies 

Merchandisers 

Other business 



Total Agricultural, Industrial and Commercial 
TOTAL LOANS IN CANADA 



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 



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 

102.4 

43.3 



185.3 

107.1 
91.7 



166.8 

107.4 
86.6 



190.5 

97.3 
86.3 



193.6 

137.5 
93.4 



152.0 

135.2 

107.5 



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 

274.3 
228.0 



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 



334.2 

30.3 

22.9 

168.4 

136.5 

14.4 

95.6 

48.0 

32.8 

158.0 

52.8 

53.1 



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 

67.5 
158.7 
186.5 
149.4 
484.0 
139.0 



1,922.5 
2,911.6 



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 



3.8 
91.7 
43.5 



139.0 

154.6 
103.7 



258.3 

403.8 
242.1 



645.9 



308.1 

34.0 

17.9 

184.4 

138.8 

14.5 

95.2 

45.7 

26.8 

138.2 

54.5 

45.2 



795.2 

65.1 
140.7 
257.4 
205.1 
483.7 
146.6 



2,401.9 
3,445.2 



(1) The figures for September of each year have been published by the Depart- 
ment of Finance; all other figures are estimated. 



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



Millions of Dollars 



JANUARY 1953 JANUARY 1953 

IV— GENERAL PUBLIC HOLDINGS OF CERTAIN LIQUID ASSETS*t 
Currency, Bank Deposits and Government of Canada Securities 

Bank of Canada 



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 


Related Bank Assets 






Currency 
Outside Banks 






Active Bank Deposits 


(1) 






Total 

Currency 

and 

Active i 

Bank 
Deposits 


Government of Canada debt 

held by Bank of Canada 

and Chartered Banks 


Other Related Bank Assets 


(3) 








Chartered Banks 


Bank of 
Canada 
"Other" 


Total 


Chartered Bank Can. Loans 
and non-Govt. Securities 


Bk. of Can. 
Gold and 
Exchange 


All 

Other 

(.net) 

m 


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 






Bank 
Assets 


Total 


Deposits 


Loans 
(t) 


Securities 
(I) 


Total 


holdings 
(net) 






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 


4S0 


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 


1S4 


3,952 


1951 


1952 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


1952 


1951— 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 


IS4 


3,952 


Dec— 1951 


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 


18S 


4,772 


3,062 


895 


3,966 


7 


147 


3,816 


Jan.— 1962 
Feb. 


1,199 


83 


1,282 


2,704 


758 


451 


3,913 


S17 


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 


SSI 


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 


S28 


3,547 


42 


3,589 


4,849 


3,989 


8,838 


4,983 


65 


4,918 


3,101 


860 


3,960 


13 


S3 


3,920 


Apr. 


May 


1,227 


85 


1,312 


2,851 


770 


352 


3,973 


SIS 


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 


12S 


4,897 


3,186 


858 


4,044 


3 


SS 


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 


S77 


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 


S89 


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. 


Nov. 


1,294 


89 


1,383 


3,106 


790 


403 


4,299 


618 


3,681 


65 


3,746 


5,129 


4,125 


9,254 


5,011 


92 


4,919 


3,471 


937 


4,408 


1 


74 


4,335 


Nov. 


Dec. 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


Dec. 



2. GOVERNMENT OF CANADA SECURITIES 



Outstanding"' 



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 
1,500 
1,500 
1,500 
1,500 
1,400 
1,400 



Other 
market 
Issues 



12,755 
12,586 
12,225 
12,020 

12,225 

12,225 
12,173 
12,173 
12,173 
12,173 
12,173 
12,173 
12,172 
12,172 
12,172 
12,021 
12,020 



Non- 
market 
Debt<"> 



1,227 
1,218 
1,194 
1,250 

1,194 

1,176 
1,162 
1,140 
1,102 
1,081 
1,061 
1,044 
1,029 
1,011 
1,032 
1,273 
1,250 



Total 



15,182 
15,304 
14,819 
14,670 

14,819 

14,801 
14,735 
14,713 
14,675 
14,664 
14,634 
14,717 
14,701 
14,683 
14,704 
14,694 
14,670 



Matured 

and 

out- 
standing 



53 
51 
21 
19 



19 
23 
23 
22 
21 
21 
21 
20 
19 
19 
19 
19 



Total 



15,235 
15,355 
14,840 
14,689 

14,840 

14,820 
14 ,758 
14,736 
14,697 
14,675 
14,655 
14,738 
14,721 
14,702 
14,722 
14,713 
14,689 



Guar- 
anteed 

Un- 
matured 
Funded 
Debt 



Exchange 
rate ad- 
justment 
(11) 



548 
577 
529 
528 

529 

529 
529 
529 
529 
529 
529 
529 
528 
528 
528 
528 
528 



Total 

(including 
exchange 
rate adjust- 
ment) 



36 

2 

27 

43 

27 

33 
33 

39 
40 
40 
44 
46 
48 
48 
4S 
41 
43 



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 Summary, Nov. 1952, Table III, page 181. 
division of resident holdings between corporate and non-corporate 



15,819 
15,934 
15,342 
15,174 

15,342 

15,316 
15,254 
15,226 
15,186 
15,164 
15,140 
15,221 
15,201 
15,182 
15,205 
15,199 
15,174 



Bank 

of 

Canada 



2,009 
1,942 
2,191 
2,227 

2,191 

2,138 
2,086 
2,062 
2,066 
2,028 
2,069 
2,124 
2,156 
2,135 
2,183 
2,172 
2,227 



Banks 



3,112 
3,079 
2,754 
2,784 

2,754 

2,819 
2,884 
2,939 
2,917 
2,968 
2,953 
3,029 
3,024 
3,028 
2,991 
2,839 
2,784 



For i 



lioidmgs as at year ends see Statistical Summary September 19.52 Table 
IH-B, pages 145-146. 

t Chartered banlis' Newfoundland branches have been included since 
April 1. 1949. 

(1) Total Canadian dollar deposits of the chartered banlts and the Banic of 
Canada less: (a) Inactive chartered banlc notice deposits wliich consist of 
the estimated aggregate minimum quarterly balances in chartered banks' 
personal savings deposits in Canada plus non-personal notice deposits in 



(6) 



Canada; (b) Float, i.e. cheques on other banks aa shown in chartered bank 

month-end returns to the Minister of Finance; (c) Canadian dollar deposits 

ol the government of Canada at the chartered banks and the Bank of 

Lanada (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 (I)c. 

For estimated quarterly classification of Canadian loans see Table III. 

page 4. 

Provincial, Municipal and "Other" securities. 






UTION"" 


Govern- 


General 


ment 
Accounts 


Public 


796 


9,902 


847 


10,066 


1,009 


9,388 


1,101 


9,062 


1,009 


9,388 


1,002 


9,357 


1,002 


9,282 


1,005 


9,220 


1,007 


9,196 


1,013 


9,155 


1,028 


9,090 


1,040 


9,028 


1,052 


8,969 


1,071 


8,948 


1,083 


8,948 


1.096 


9,092 


1,101 


9,062 



3 


TOTAL OF CERTAIN LIQUID ASSETS HELD BY THE GENERAL PUBLIC. 








AND RELATED FACTORS 










LIQUID ASSETS 




Total 


Related Factors"" 














Liquid 
Assets 

Total 
Related 








Currency 

and 

Active 

Bank 

Deposits 


Inactive 
Char- 
tered 
Bank 


Govt, of Canada 
Securities 


Bank 

Assets 

other than 

Govt, of 


Govt, of 
Can. Debt 
less Govt. 
Deposits & 




Market 


Non- 






Notice 
Deposits 


Issues 


market 

(10) 


Total 


Factors 


Securities 

(U) 


holdings of 
Govt. Accts 




















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 


5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,055 


1952 
End of 


4,843 


3,894 


8,194 


1,194 


9,388 


18,125 


3,952 


14,173 


Dec.-1951 


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. 


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. 


5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,055 


Dec. 



(7) Net of nil related asset and liability items of the chartered banks and Bank 
of Canada which are not shown elsewhere in this table; includes foreign 
currency items and liabilities to shareliolders. 

(8) Net of sinking fund holdings. For year-end data back to 1938 see 
Summary, Sept. 1952. Table IV, page 145. Ne\\'foundland 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. = 4.86i Cdn. to current rates of exchange. Official mid-rates of 
exchaQge have been used to September 30, 1950 and market rates thereafter. 



(12) For detailed breakdown of distribution of Government of Canada debt i 
at year-ends see Summary, Sept. 1952. 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 earher years and further information with respect to 
' details of compilation are available from the Research Department. 

Bank of Canada, on request. 



JANUARY 1953 



V— BOND ISSUES AND RETIREMENTS^*^ 

Par Values in Millions of Canadian Dollars^^^ Bank of 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 Issues 


RETIREMENTS 


Net New 




New 


Refunding 


Refunded 


other 


Retirements 


Calendar Years 
1949 
1950 
1951 
1952 

1951—1 
II 
III 

IV 

1952—1 
II 
III 
IV 


820.7 

2,191.7 

591.6 

827.1 

20.2 

4.1 

2.3 

565.0 

14.9 

9.7 

5.1 

797.4 


1,236.7 

2,282.6 

922.1 

956.8 

117.5 

76.3 

113.5 

614.8 

118.1 
70.2 
58.0 

710.4 


416.0 

90.9 

330.5 

129.7 

97.3 

72.2 

111.2 

49.8 

103.2 
60.5 
52.9 
87.0 


409.5* 
276.9 
329.1* 
347.4 

31.7 
123.0* 
100.1 

74.4* 

146.7 
70.6 
41.6 
88.5 


54.1 

132.2* 
90.1 
70.5 

11.2 
36.9 

42.0 

20.5 
4.0 

43.2 
2.9 


73.5 
131.8 
74.9* 
83.0 

15.4 

18.6 
40.9* 

15.4 

62.2* 

1.5 

3.8 


72.3* 
130.4* 
125.3* 

96.2 

45.7* 
32.1* 
20.6* 
26.8* 

27.1* 
23.2* 
16.1* 
29.8 


317.8* 
146.9* 
219.0* 
238.8 

18.2* 

127.8* 

60.9* 

48.6* 

124.7* 
10.9* 
67.2* 
57.8 





III-CORPORATIONS 




New Issues 


RETIREMENTS 


Net New 










Issues or 
Retirements 




New 


Refunding 


Refunded 


other 


Calendar Years 












1949 


254.9 


41.8 


41.8 


86.6 


168.3 


1950 


438.7* 


55.6 


55.6 


91.1* 


347.6* 


1951 


361.2* 


15.2* 


15.2* 


103.7* 


257.4* 


1952 


510.9 


28.7 


28.7 


129.0 


382.0 


1951—1 


100.4 


.7 


.7 


21.9* 


78.4* 


II 


54.7 


5.5 


5.5 


19.6* 


35.1* 


III 


84.0* 


5.2* 


5.2* 


25.6* 


58.5* 


IV 


122.1 


3.8 


3.8 


36.6* 


85.5* 


1952—1 


57.8 


1.0* 


1.0* 


29.2* 


28.6* 


II 


252.6* 


5.8 


5.8 


32.0 


220.6* 


III 


58.8* 


.9 


.9 


24.7* 


34.0* 


IV 


141.7 


21.0 


21.0 


43.0 


98.7 



I+II+III 



Net New 

Issues or 

Retirements 



70.0* 
403.6* 
146.0* 
491.1 

37.0* 

90.7* 

8.1* 

84.2* 

50.1* 
149.3* 

48.3* 
243.4 



IV-Govt.ofCanadaTreasuryBius, 


Deposit Certificates and Short- 


TermNotesSoldDirectlytoBank 


OF Canada and Chartered Banks 


Net New 


Total 


Issues or 


Outstanding 


Retirements 


at End of Period 


100 


1,200 


300 


1,500 


100 


1,400 


- 


1,400 


100 


1,400 


- 


1,400 


- 


1,400 


- 


1,400 


_ 


1.400 


- 


1,400 


100 


1,500 


100 


1,400 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT^'^^*' 

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

AND CORPORATION BONDS 



Par Values in Millions of Canadian Dollars^ ' 





New Issues were payable In: 




Retirements 


were payable in: 




Net Increa.se 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 


(5) 
London 


Total 


ing Payable: 




in Canada 
only 


Abroad 


Calendar Years 
1949 

1950 
1951 
1952 

1951— I 
II 

III 

IV 

1952— I 

n 

III 
IV 


1,480.8* 
2,874.0* 
1,109.5* 
1,516.0 

153.3 
102.9* 
94.6* 

758.7* 

192.7* 
190.9* 
123.7* 
1,008.7 


100.0 
137.5* 
277.8 
214.9 

10.9 

121.2 

97.1 

48.5 

6.2* 
140.0 
25.9 

42.7 


83.5* 
53.8 

42.0* 
11.8 


.2 
.1* 

_ 


1,581.0* 
3,095.1* 
1,387.3* 
1,784.7 

164.2 
224.1* 
191.7* 
807.2* 

240.9* 
342.7* 
149.6* 
1,051.4 


1,390.6* 
2,428.0* 
1,122.9* 
1,245.6 

187.9* 

122.2* 

99.3* 

713.5* 

183.4* 
163.7* 
97.8* 
800.7 


8.8 
126.6 
10.0* 
7.5 

1.4* 
4.2* 
1.6* 
2.8* 

1.2 
2.6 
1.1* 
2.5 


10.9 
78.9 
38.2* 
28.9 

5.8 
4.3* 
23.4 
4.7 

1.5 

24.4* 

1.9 

1.1 


91.5 

45.7 

61.9* 

9.2 

5.8 

2.4 

52.1* 

1.6* 

3.5 

2.3 

.1 

3.3 


9.2 

12.4* 

8.4* 

2.4 

.4 

.4 

7.2* 

.4 

1.2 
.4 
.4 
.4 


1.511.0* 
2,691.6* 
1,241.3* 
1,293.6 

201.2* 
133.5* 
183.6* 
723.0* 

190.9* 
193.4* 
101.3* 
808.0 


90.2* 
446.0* 

13.4* 
270.4 

34.6* 

19.3* 

4.7* 

45.2* 

9.3* 
27.3* 
25.9* 
208.0 


20.2 
42.5* 
159.4* 
220.6 

2.5* 

110.0* 

12.9* 

39.0* 

40.8 

122.0* 

22.4* 

3.54 



(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, 90 and 24 millions and the net increases in total municipal bonded 
debt arc estimated to have been 105, 133, 153 and 145 millions from 1949 
to 1952 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) E.xcludes issues shown in item IV below. 

(4) Excludes issues shown in item IV above. 

(5) Including issues payable optionally in Canada or London. 
* Revised. 



JANUARY 1953 

VI— BONDS OUTSTANDING 

GOVT. OF CANADA, C.N.R., PROVINCIAL, MUNICIPAL AND CORPORATION BONDS"' 
GROSS AMOUNT OUTSTANDING AS AT Slst DECEMBER, 1952<" 
Par Values in Millions of Canadian Dollars'^''' 





Payable in: | 




Canada 
Only 


New York 
only 


Canada or 
New York 


Canada, 
New York 
or London 


(4) 

London 


Total 


Govt, of Canada — Direct 

— Gtd. other than C.N.R. 

C.N.R.— Gtd. by Govt, of Canada 

— Unguaranteed 


14,277.2' 

285.2 
61.6 

15.0 

1.1 

16.5 

118.2 

.7 

149.4 

5.9 

322.4 

296.0 

561.4 

661.4 

98.2 

.5 

79.1 

.3 

1.3 

127.2 

20.4 

1,249.7 

2,433.4 


337.7 

5.8 
.6 

2.4 

21.3 

7.8 

9.7 

72.8 

97.0 

4.9 

19.4 

38.8 

34.9 

187.7 
474.4 


64.1 

35.2 

29.2 

34.5 
1.6 

4.0 
19.5 

23.5 

82.3 

66.8 

2.0 

57.6 

3.5 


9.4 

150.3 

19.2 

15.0 

153.1 
8.0 
3.5 

2.5 

.1 

.9 

23.0 

5.2 


52.2 

7.1 
3.1 

2.5 

4.3 
3.2 

.7 
.5 

4.1 
1.3 

22.8 

191.8 


14,667.1' 

9.4 

512.5 

84.5 

15.0 

3.6 

18.9 

174.7 

8.5 

192.6 

5.9 

447.9 

297.6 

811.5 

678.3 

141.3 

.5 

144.4 

.3 

83.7 

233.0 

24.6 

1,540.8 

3,108.3 


Newfoundland — Direct 


— Guaranteed 

P.E.I. —Direct 


Nova Scotia — Direct 


— Guaranteed 

New Brunswick — Direct 

— Guaranteed 

Quebec — Direct 


—Guaranteed 

Ontario - — Direct 


— Guaranteed 

Manitoba — Direct 

— Guaranteed 

Saskatchewan — Direct 


— Guaranteed 

Alberta — Direct 


British Columbia — Direct 


— Guaranteed 

Municipal —Direct & Gtd 

Corporation 




Total 


20,782.1 


1,315.2 


423.8 


390.2 


293.6 


23,204.9 





Contra Sinking Fund 
Investments, <5' 


book value as at latest 
available date 


8.7 


Mar. 


31, 1952 


1.2 


Mar. 


31, 1952 


2.1 


Mar. 


31, 1952 


20.5 


Mar. 


31, 1952 


29.7 


Mar. 


31, 1952 


.3 


Mar. 


31, 1951 


105.9 


Mar. 


31, 1952 


.2 


Oct. 


31, 1952 


134.5 


Nov. 


30, 1952 


1.0 


Oct. 


31, 1952 


27.4 


Aug. 


31, 1952 


17.4 


Nov. 


30, 1952 


.2 


Mar. 


31, 1951 


49.2 


Mar. 


31, 1952 


3.2 


Various 


130.3 


Various 


- 











(1) Provincial Treasury Bills are excluded. (2) Figures for the gross amount of bonds outstanding are compiled from latest official sources adjusted to 31 De- 
cember 1952 by subsequent known issues and redemptions; when full details regarding these become available minor revisions may be necessary. (3) Bonds 
payable in Foreign Currency are converted into Canadian dollars at the market closing rate at the end of December, 1952, -$0.97031 for bonds payable in New 
York only and $2.7256 for bonds payable in London only. (4) Including issues payable in Canada or London. (5) Figures for guaranteed issues are approx- 
imate in some cases for which full particulars are not available. (6) Comprises unmatured funded debt. Redemption bonuses on the Second and Third Victory 
Loans, Treasury Bills, Deposit Certificates, Treasury Notes and War Savings Certificates are included. 



VII— GOVERNMENT BOND YIELDS AND TREASURY BILL RATES 

Bank of Canada 





Government of Canad;^ 








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 


1952 


3.59 


3.58 


3.22 


2.69 


Monthly 










1952— 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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 



Long Term 




Market Yields 


Average of Business Days 


Canada'" 


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 


3.54 


4.23 


2.64 


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 


3.59 


4.16 


2.74 



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 


1.076 


2.167 


1.795 


.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 


1.349 


2.415 


2.138 


1.349 


2.398 


2.097 



(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. It was not eligible for commercial banks before Dec. 1, 1952. 



JANUARY 1953 



Cenls per unit 



VIII— FOREIGN EXCHANGE RATES 

Bank of Canada 
OFFICIAL RATES' 



,(1) 



I 



1939 - Sept. 16 «) 

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 



Mid-rate 



111.00 
110.50 
100.50 
110.50 



110.50 
110.25 
100.25 
110.25 



£ Sterling in Canada 



Buying 



Selling 



443.00 
443.00 
402.00 
307.25 



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 
1950'^) 


110.25 


103.25 


108.92 


308.00 


289.25 


304.44 


1951 


107.31 


101.19 


105.27 


300.60 


281.38 


294.67 


1952«) 


101.13 


95.88 


97.88 


281.25 


266.75 


273.38 


1952— 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. 


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 


1953— Jan. 


97.38 


96.75 


97.05 


273.56 


272.38 


273.05 



(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) Noon averages for 1950 are based on official mid-rates for the first nine 

months and on market noon-rates thereafter. 
(5; 1952 averages have been based on five day week quotations. 



UNITED STATES DOLLAR IN CANADIAN FUNDS 



(1) 



CANADIAN DOLLARS 



CANADIAN DOLLARS 




ONDJFMAMJJASONDJFMAMJJASONDJFMAMJJASONO 
1950 1951 1952 1953 

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



JANUARY 1953 



10 



Thousands of Fine Ounces 



IX— 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'') 


Imports '2) 


Export s'-^'' 


in Official 
Holdings'^) 


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 


1952* 


4,310 


23 


19,246 


1,246 


2,565 


18,727 


Quarters 














1950— 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 


2 


3,192 


519 


715 


2,007 


Hit 


1,083 


13 


1,343 


35 


121 


333 


IV* 


1,091 


~ 


2,992 


53 


159 


2,113 



(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 sp.les of gold abroad by mines beginning November 
1, 1951. This series coincides with net non-monetary gold exports published 
since 1919. 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) 

(3) 

(4) 
t 



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. 



Thousands 



LABOUR FORCE STATUS OF THE POPULATION*" 

Dominion Bureau of Statistics 



Week ending 



1951 



June 2 



August 18 Novembers 



1952 



March 1 



May 31 August 16 November22 Decemberl3 



With Jobs(s) 

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'". 

other reasons 

Without Jobs and Seeking Worlc'^' 

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 



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 



5,144 

4,558 

375 

84 

67 

* 

14 

* 

26 

11 

132 

5,276 
101 

5,377 
4,724 

198 

3,296 

670 

532 

28 

10,101 



Persons Loolcing for Work <*' . 

! Without jobs 

At work 1-14 hours 

1 " " 15 - 34 hours 



95 

83 



84 

77 



109 

100 



228 

212 

* 

12 



121 

107 

* 

10 



93 

86 



131 

114 

* 

12 



148 

132 

* 

11 



... 



(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 997, 1067, 875, 825, 924. 1,007, 
795 and 782 from June 2, 1951 to Dec. 13, 1952 respectively. 

* Less than ten thousand. 



(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 vvlio 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 witliout jobs and in addition some who worked 1-35 hours and 
were looking for work. 



11 



JANUARY 1953 



XI— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





Production 


Res- 
idential 

Con- 
struction 


Car 
Loadings 


Value 

of 

Department 


Employ- 
ment 
Index 

(6) 


Aggregate 
Payrolls 










News- 


Central 


Index 

(6) 




Gold 


Nickel 


Steel 


print 
(1) 


Electric 






Store Sales 














Stations <2) 


Awarded ('> 




(4) 


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 


AnnualTotalsK) 






















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 


4,393 


138 


3,567 


5,516 


51,916 


437 


4,183 


902 


180.2 


381.3 


1952 


4,459** 


140** 


3,731 


5,687 


55,568 


511 


4,160 


978 


184.7 


426.0 


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 


331t 


55.2 


181.0 


388.8 


Feb. 


352.7 


10.7 


305.9 


457.8 


4,500 


17.8 


315t 


60.2 


177.8 


402.9 


Mar. 


364.7 


12.3 


339.4 


476.5 


4,702 


30.2 


330t 


70.2 


178.0 


409.0 


Apr. 


363.1 


12.3 


316.6 


471.2 


4,475 


42.9 


325t 


75.1 


177.9 


411.5 


May 


365.9 


12.3 


330.5 


496.0 


4,596 


42.6 


356 1 


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. 


372.2t 


11.9 


298.9 


486.5 


4,457 


41.3 


354 


69.6 


188.8 


433.3 


Sept. 


383.2t 


10.9 


288.0t 


461.5 


4,571 


42.3 


362 


84.3 


190.6 


442.7 


Oct. 


403.lt 


11.7 


307.9 


502.8 


4,927 


51.6 


392 


97.3 


192.6 


452.2 


Nov. 


388.6 


11.3 


308.6 


463.4 


4,805 


60.1 


350 


108.0 


192.3t 


455.8t 


Dec. 






319.7 


463.4 


5,048 


36.7 


334 


137.2 


192.2 


459.2 



(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. Includes Newfoundland commencing February 1950. (4) Excludes 

Newfoundland. (5) 9 Leading industries. First of month figures. (6) Average of months in case of Employment and Payrolls Indexes. 

* Not available. ** 12 mths. ending Nov. 1952. f Revised. 



SELECTED INDEXES OF INDUSTRIAL PRODUCTION 



INDCX 1951*100 



NDEX I9»r -100 




JFMAMJJASOND 



J FMAMJJ ASOND 



INDEX 1451-100 



INDEX 1951.100 




120 120 



100 100 



80 80 — 



ELECTRIC POWER 

1952- 




120 



JFMAMJJASOND 



JFMAMJJASOND 



JANUARY 1953 



12 



Cents 



XII— AVERAGE HOURLY EARNINGS 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 


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— 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 


Julv 


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. 


107.9 


92.3 


117.0 


147.2 


149.3 


141.8 


129.9 


149.8 


134.0 


75.2 


130.4 


Nov. 


111.6 


92.6 


118.2 


147.5 


150.9 


142.5 


130.9 


150.5 


135.1 


75.8 


131.4 



(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. 



AVERAGE HOURLY EARNINGS IN CERTAIN INDUSTRIES 

CURRENT AND DEC. 1950 DOLLARS^^) 



(I) 



1.30 f- HOURLY EARNINGS 

IN CURRENT DOLLARS 



1.00 

o' 



MANUFACTURING 




HOURLY EARNINGS 
IN DEC. 1950 DOLLARS 



1.30 150 



1.00 



JFMAMJJASONDJFMAMJJASOND 
1951 1952 



MINING 



HOURLY EARNINGS 
IN CURRENT DOLLARS 




HOURLY EARNINGS 
IN DEC. 1950 DOLLARS 



1.20 



J FMAMJJASONDJFMAMJJASOND 
1951 1952 



-To 



1.00 — 



CONSTRUCTION 







^'-^y 



-HOURLY EARNINGS 
IN DEC 1950 DOLLARS 



1.00 



J FMAMJJASONDJFMAMJJASOND 
1951 1952 



.45 



SERVICES 



HOURLY EARNINGS 
IN CURRENT DOLLARS 




HOURLY EARNINGS 
IN DEC 1950 DOLLARS 



.75 



.60 



45 



JFMAMJJASONDJFMAMJJASOND 
1951 1952 



(1) See footnotes to table above. (2) Current dollars divided by D.B.S. Consumer Price Index on base Dec. 1950 = 100. 



13 



JANUARY 1953 



XIII— GRAINS : PRODUCTION, ACREAGE AND YIELD"' 

Dominion Bureau of Statistics 





1946 


1947 


1948 


1949 


1950 


1951 


1952* 


Production {millions of bushels) 
















Wheat 


414 
371 
149 


342 
279 
141 


386 
359 
155 


371 
318 
120 


462 
420 
171 


553 
488 
245 


688 


Oats 


466 


Barley 


291 


Rve 


9 

6 

69 


13 
12 

47 


25 
18 

78 


10 

2 

73 


13 

5 

92 


18 
10 
87 


25 


Flaxseed 


13 


Other Grains^') 


85 






Total 


1,018 


834 


1,021 


894 


1,163 


1,401 


1,568 


Acreage (millions of acres) 


















24.5 
12.1 


24.3 
11.0 


23.9 
11.2 


27.6 
11.4 


27.0 
11.6 


25.3 
11.9 


26.0 


Oats 


11.1 




6.3 


7.5 


6.5 


6.0 


6.6 


7.8 


8.5 


Rye 


.7 


1.2 


2.1 


1.2 


1.2 


1.1 


1.3 


Flaxseed 


.8 


1.6 


1.9 


.3 


.5 


1.2 


1.2 


Other Grains(2) 


1.8 


1.6 


2.0 


2.1 


2.1 


2.0 


2.0 




20.4 


19.4 


20.0 


21.0 


21.0 


21.6 


21.2 






Total 


66.6 


66.6 


67.5 


69.6 


70.1 


70.8 


71.3 


YIELD Per Acre (bushels) 
















Wheat 


16.9 


14.1 


16.2 


13.5 


17.1 


21.9 


26.5 


Oats 


30.7 


25.2 


32.0 


27.9 


36.3 


41.0 


42.1 


Barley 


23.8 


18.9 


23.9 


20.0 


25.9 


31.3 


34.4 


Rye 


12.3 


11.4 


12.0 


8.5 


11.4 


15.7 


19.5 


Flaxseed 


7.6 


7.8 


9.4 


7.1 


8.4 


8.5 


10.7 


Other Grains<2) 


38.4 


28.9 


39.6 


34.4 


43.0 


44.6 


41.9 







(1) Excludes Newfoundland. (2) Buckwheat, mixed grains ans shelled corn. (3) Prairie provinces only. * Preliminary. 



AGRICULTURE: INDEXES OF PRODUCTION AND FARM CASH INCOME 

INDEX 1935-39 = 100 



INDEX 1935-39 = 100 




1946 1947 1948 1949 1950 1951 1952 1946 1947 

(1) Index for 1952 Volume of Agricultural Production is a rough estimate only. * Preliminary. 




JANUARY 1953 



Index 1949=100 



14 



XIV— CONSUMER PRICE INDEX 

Dominion Bureau of Statistics 



(1) 





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— 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 


1953— Jan. 


115.7 


113.5 


122.3 


109.7 


116.5 


116.7 



(I) 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. 



XV- 

CANADA 

Dominion Bureau of Statistics 



-WHOLESALE PRICES 



U.S.A. 

Bureau of Labour Statistics 



U.K. 

Bd. Trade 





Total 
Index 


Farm Products'" 


Raw and 
Partly 
Manu- 
factured 


Fully & 
Chiefly 
Manu- 
factured 


Total 
Index 


Farm 
Products 


Pro- 
cessed 
Foods 


All Other 

Com- 
modities 


Total 
Index 


Total 




Fieldt 


Animal 


Totalt 


Index 






/ 


ndex 1935 


-39 = 10 







/) 


idex 1947 


-49 = 10 





(2) 


(3) 


Aver, of Mtlis. 
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 


200.4 


336.9 


268.0 


237.9 


242.4 


114.8 


113.4 


111.4 


115.9 


219.3 


321.8 


1952 


226.2 


211.5 


277.4 


244 A 


218.9 


230.9 


111.6 


107.1 


108.8 


113.2 


213.2 


330.2 


Monthly 
1951— Nov. 


239.1 


218.2 


328.5 


273 A 


237.1 


241.5 


113.6 


112.0 


111.0 


114.5 


217.0 


330.9 


Dec. 


237.7 


221.2 


328.9 


275.0 


236.0 


239.8 


113.5 


111.3 


110.7 


114.6 


216.8 


332.5 


1952— Jan. 


236.8 


224.8 


318.2 


271.5 


233.3 


239.7 


113.0 


110.0 


110.1 


114.3 


215.8 


337.3 


Feb. 


232.6 


221.9 


297.3 


259.6 


227.8 


236.2 


112.5 


107.8 


109.5 


114.2 


214.9 


331.7 


Mar. 


230.8 


230.1 


283.3 


256.7 


225.5 


234.6 


112.3 


108.2 


109.2 


113.8 


214.5 


335.3 


Apr. 


226.9 


234.0 


273.7 


253.8 


221.3 


230.7 


111.8 


108.7 


108.0 


113.3 


213.5 


332.2 


May 


224.8 


240.0 


265.4 


252.7 


220.2 


228.1 


111.6 


107.9 


108.6 


113.0 


213.1 


329.9 


June 


226.5 


244.4 


27 1 A 


257.9 


220.6 


230.6 


111.3 


107.3 


108.7 


112.6 


212.6 


329.8 


July 


225.5 


230.2 


275.3 


252.8 


218.5 


230.0 


111.8 


110.2 


110.0 


112.5 


213.5 


329.4 


Aug. 


223.9 


195.3t 


277.2 


236. 2t 


2ir...1 


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 


328.3 


Nov. 


221.9 


179.2 


266.5 


222.9 


210.8 


228.8 


110.7 


103.6 


107.7 


112.8 


211.4 


326.7 


Dec. 


221.2 


176.4 


268.3 


222.3 


210.1 


228.1 


109.6 


99.6 


104.3 


112.9 


209.3 


329.6 



(0 An independent series with different weighting and different prices from those included in the "Total Index". Prices include subsidies. f 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. 



15 



JANUARY 1953 



XVI— EXPORTS AND IMPORTS: INDEXES OF TOTAL VALUE, UNIT VALUE 

AND PHYSICAL VOLUME 



Index 1948 = 100 




Dominion Bureau of Statistics 










EXPORTS 


IMPORTS 


Tfrms of 




Total 
Value 


Unit 
Value 


Physical 

Volume 


Total 
Value 


Unit 
Value 


Physical 
Volume 


Trade (1) 


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 


1952 


139.5 


121.3 


115.1 










Quarterly Average 
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 


IV 


149.3 


119.4 


125.1 










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 


120.1 


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 


119.3 


121.8 


170.8 


108.1 


158.0 


110.5 


Nov. 


150.6 


119.9 


125.6 


164.4* 


108.2* 


151.9* 


110.8* 


Dec. 


152.0 


118.9 


127.8 











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



* Preliminary. 



EXPORTS AND IMPORTS: INDEXES OF UNIT VALUE AND PHYSICAL VOLUME 

INDEX 1951-100 QUARTERLY INDEX 1951 = 100 



130 
120 














110 


EXPORT U 


nit value -> 


— 


100 




\ 


^^^ 




^>^\j 


^ — 


90 


^ 


/ 


/V." 


80 


IMPORT 


unit value ' 










70 







— 


r\ 


: 

























11 111 IV 1 
1950 



II 111 IV 1 
1951 



11 111 IV 
1952 




(1) Import indexes for IV Quarter 1952 are rough estimates only. 



JANUARY 1953 



Millions of Dollars 



16 



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 




Total 


Non- 
monetary 




U.S.A. 


U.K. 


Dependen- 


OF 


Sterling 


Europe & 


AND 


Other 


AH 


Gold 








CIBS 


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 


1952<') 


2,347 


741 


79 


38 


174 


480 


282 


219 


4,359 


150 


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 


12.0 


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. 


208.6 


55.2 


5.4 


2.3 


9.8 


47.9 


25.9 


18.6 


373.7 


10.1 


Nov. 


214.8 


59.6 


5.9 


2.3 


15.9 


47.7 


25.2 


32.1 


403.4 


13.6 


Dec.<" 


224.5 


47.7 


4.7 


2.2 


12.8 


45.2 


23.3 


33.6 


394.0 


13.5 



Millions of Dollars 






MERCHANDISE IMPORTS 




























Excess of 








TOTAL IMPORTS (EXCLUDING GOLD) FROM 






Merch- 




















andise 








U.K. 


Union 


Other 


Western 


Central 


All 


Total 


Exports 
over 




U.SJV. 


U. K. 


Dependen- 


of 


Sterunc 


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 


1,976 


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 






















Nov. 1952 


2,915 


348 


109 


4 


77 


154 


283 


65 


3,955 


363 


Monthly 






















1951-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 


^■eb. 


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 


8.5 


.4 


7.8 


15.5 


26.7 


5.1 


375.9 


2.2 


Nov. 


264.2 


35.1 


8.0 


.3 


7.7 


17.3 


24.6 


6.1 


363.3 


40.1 


Dec.<8' 


266.3 


28.0 














345.5 


48.5 



1 



(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, 1951 and 1952 amounted to 56.8, 
109.1 and 51.9 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) Preliminary. (8) Estimates. 



17 



JANUARY 1953 
COMMODITY CLASSIFICATION BY VOLUME'" 



XVIII— MERCHANDISE EXPORTS 

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. cwt. 


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-mth8 ending 


























Nov. 1952 


322 


13 


174 


24 


204 


4 


3 


66 


283 


271 


3,353 


2,377 


Monthly 

1951-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 


Sept. 


24.5 


1.1 


15.5 


.4 


9.4 


.3 


.2 


6.6 


33.0 


21.4 


334.1 


233.8 


Oct. 


27.1 


1.4 


25.0 


.1 


33.9 


.4 


.3 


8.4 


25.4 


26.4 


273.9 


266.8 


Nov. 


38.0 


1.1 


19.9 


— 


118.5 


.5 


.4 


8.9 


27.8 


25.5 


330.4 


167.8 





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 




Thous. Ions 


Thous. tons 


Thous. 


Thous. tons 


Thous. tons 


Thous. tons 


Thous. tons 


Thous. tons 


Thous. 
fine oz. 


Thous. tons 


Thous. tons 


Thous. 

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-mth9 ending 


























Nov. 1952 


1,964 


5,276 


85 


425 


178 


164 


348 


145 


18,711 


893 


737 


4,414 


Monthly 
1951-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 


Sept. 


139.3 


415.5 


6.8 


39.1 


15.1 


15.5 


24.6 


12.2 


801.0 


83.3 


61.2 


374.7 


Oct. 


157.8 


426.2 


8.2 


41.3 


15.1 


16.4 


36.4 


10.6 


1,448.3 


78.1 


65.9 


296.2 


Nov. 


161.7 


498.6 


5.8 


35.1 


14.9 


17.3 


31.0 


12.3 


1,133.0 


69.8 


58.8 


395.4 



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

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



JANUARY 1953 

XIX— MERCHANDISE IMPORTS : COMMODITY CLASSIFICATION BY VOLUME"' 

Compiled from "Trade of Canada — Imports", 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) 




Thous. cwl. 


Thous. cwt. 


mm. lbs. 


Thous. cwt. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


Thous. gals. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


Calendar Yeara 


























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 


























Oct. 1952 


2,747 


10,588 


739 


10,725 


97 


44 


41 


3,876 


182 


47 


32 


11 


Monthly 
1951-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 


Sept. 


260.0 


726.8 


8.5 


1,321.0 


7.9 


4.3 


.5 


443.7 


12.0 


4.2 


2.6 


1.1 


Oct. 


238.9 


628.3 


22.3 


1,972.2 


8.4 


4.0 


.5 


405.9 


17.5 


5.3 


2.4 


1.3 





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. Ions 


Thous. tons 


Thous. Ions 


Thous. tons 


Thous. Ions 


Thous. 


Thous. Ions 


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-mth8 ending 


























Oct. 1952 


76 


3,832 


134 


193 


691 


366 


36 


2,467 


106 


26 


2,856 


958 


Monthly 
1951-JuIy 


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 


Sept. 


5.1 


1,029.0 


8.7 


14.4 


55.4 


25.5 


3.1 


318.4 


5.2 


2.7 


262.4 


121.4 


Oct. 


6.9 


949.1 


14.4 


14.5 


57.6 


31.0 


3.6 


254.1 


4.1 


2.6 


251.1 


100.9 



(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 

II Chartered Banks: 

Liabilities and Assets 19-20 

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 

Total Active Note Circulation 23 

Chartered Banks: Canadian Deposits, Canadian Loans and Non- 
Government Securities, and Government of 

Canada Securities 24 

IV Government Bond Yields and Treasury Bill Rates 24 

V National Accounts: 

Gross National Product 25 

Gross National Expenditure 25 

Personal Income and Expenditure 25 

Gross National Expenditure in Constant Dollars 26 

Gross National Product 26 

Personal Income 26 

Personal Expenditure 26 

VI Public Finance: Government of Canada: 

Budgetary Statement 27 

Overall Financial Statement 28 

Distribution of Total Tax Collections 29 

Budgetary Expenditure by Classes 29 

VII Foreign Exchange Rates 30 

United States Dollar in Canadian Funds 30 

VIII Business Activity 31 

Production of Certain Minerals 31 

IX Mineral Production 32 

X Consumer Price Index 33 

XI Wholesale Prices 33 

XII Merchandise Trade: Exports and Imports by Countries 34 

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



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. 

FEBRUARY 1953 



19 
















FEBRUARY 1953 


FEBRUARY 1953 
















20 


















[—BANK 


OF CANADA 
















Miliums 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.ofC. 


Total 


Govt, of Canada 
AND Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 






Under 2 yra. 


Over 2 yre. 




Asat 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 


3.6 


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 


217.0 


287.6 


46.3 


17.9 


- 


162,2 


13.3 


527.2 


225.7 
■tr 


" 


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 


I960 


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 


1952 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


~ 


~ 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


1952 


End of 
1951— 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 


End of 
Dec— 1951 


1952— Jan. 
Feb. 


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 


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.S 


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 


2,112.7 


- 


37.4 


Apr. 


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 


une 


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 


- 


- 


67.6 


1,214.3 


957.3 


25.0 


12.4 


2,208.9 


- 


34.8 


Nov. 


Dec. 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


~ 


- 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


Dec. 


1953— Jan. 


213.4 


603.1 


816.5 


40.5 


47.6 


70.2 


1,266.2 


60.0 


2,300.9 




- 


64.4 


1,351.2 


803.0 


25.0 


13.4 


2,192.6 


- 


43.8 


Jan.— 1953 


(1) Includes foreign excha 


nge items for fo 


reign clients anc 


also the Gover 


nment of Canac 


a and, commencing iMarcli 31. 


949, tiie Excha 


nge Fund Account. ■*■ Sinc^May 1940 the 


minimum gold reserve requirement has been in suspense. 















II- 



Millions of Dollars 



-CHARTERED BANKS 

Bank oj Canada 



Millions of Dollars 





LLABILITIES 


ASSETS 




Notes 


Deposits 


Cash 
in (3) 
Canada 


Securities 


Loans 


Total 

Assets 




Demand 


Notice 


Govt, of 

Canada 

and Prov. 


Canadian 

Deposits 

(1) 


Foreign 


Total 
Deposits 

(!) 


Govt, of 
Canada 


Prov- 
incial 


Foreign 
Govt. 


Other 


Total 


CANADA 


ABROAD 




Call 


Current 
Public 


Current 
Other 


Call 


Current 


As at Dec. 31 








































1926 


175 


609 


1,373 


31 


2,025 


334 


2,410 


228 


3C 


)4 


180 


484 


151 


970 


85 


273 


270 


2,940 


1929 


175 


729 


1,434 


92 


2,270 


442 


2,820 


228 


2< 


)7 


151 


448 


262 


1,403 


122 


245 


251 


3,521 


1933 


132 


502 


1,357 


61 


1,933 


322 


2,294 


196 


6, 


51 


210 


861 


106 


898 


138 


90 


138 


2,816 


1937 


102 


699 


1,583 


53 


2,387 


409 


2,819 


250 


1,1 


11 


59 


242 


1,411 


76 


749 


113 


60 


166 


3,281 


1947 


18 


2,296 


3,740 


376 


6,473 


824 


7,406 


720 


3,1 


16 


271 


487 


3,874 


105 


1,921 


78 


56 


234 


7,974 


1949 


14 


2,426 


4,333 


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 


1952 




3,242 


4,924 


255 


8,623 


865 


9,570 


899 


2,784 


379 


255 


537 


3,955 


155 


3,188 


101 


170 


264 


10,157 


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. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 


~ 


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 


- 


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 


" 


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 


" 


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 


~ 


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 


~ 


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 


- 


' 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 


- 




4,901 


264 


8,395 


864 


9,333 


826 


3,028 


368 


262 


545 


4,202 


135 


2,979 


114 


110 


265 


9,907 


— 


3,068 


4,901 


351 


8,529 


835 


9,445 


863 


2,991 


380 


233 


543 


4,147 


130 


3,096 


116 


145 


263 


10,042 


- 




4,916 


269 


8.501 


865 


9,435 


812 


2,839 


392 


230 


545 


4,006 


121 


3,243 


108 


156 


273 


10,038 






4,924 


255 


8,623 


865 


9,570 


899 


2,784 


379 


255 


537 


3,955 


155 


3,188 


101 


170 


264 


10,157 


1953— Jan. 


~ 


2,974 


4,945 


270 


8,357 


845 


9,275 


817 


2,863 


330 


266 


522 


3,981 


135 


3,178 


115 


158 


266 


9,872 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 

(4) 


Canadian 
Deposits 


Note (s) 
Circulation 












Average of 










Dally Figures 


192 


1,958 


9.8 


195 


1926 


191 


2,293 


8.3 


205 


1929 


189 


1,941 


9.8 


157 


1933 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


746 


7,178 


10.4 


1,087 


1949 


755 


7,487 


10.1 


1,085 


1950 


791 


7,759 


10.2 


1,132 


1951 


845 


8,110 


10.4 


1,207 


1952 


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 


une 


848 


8,208 


10.3 


1,212 


.uly 


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. 


840 


8,314 


10.1 


1,282 


Dec. 


906 


8,426 


10.8 


1,230 


Jan.— 1953 



end Canadian d.-posits in 1926-3S'an"d moTthly aTCrTKHeoMi'tfii;' lo?fi*,^i/"?,'"''" "?.';"''^"'', deposits. (3) Until March 1935, Gold and Coin in Canada, Domin ion Notes and "Free" Central Gold Reserve Deposits; after that date, Banl; of Canada Notes and Deposits, (4) J's^f.^'^.^iven are averages °' ff;^^'*^^™;™'^ 

January 1950; liaSy for outstLdiig notes isS SrStion in Canada trlnsferrid'to lank of Snlda"3urinS JanwyTp"™""" ""'' ""'" ■'""'""'' "^^ '^''^"""l '''""' "°"= circulation, the latter being, after September 1944. an approximate figure only. (6) Notes issued for circulation outside Canada only commencing 



21 




































FEBRUARY 


1953 


FEBRUARY 1953 
































22 








III— GENERAL PUBLIC HOLDINGS 


OF CERTAIN LIQUID ASSETS*t 










Currency, Bank Deposits and 


GOVERNMENT OF CANADA SECURITIES ■ • 




Millions of Dollars 




Bank of 


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"' 

Chartered 

Bank 

Notice 

Deposits 


Total 

Currency 

and 

Bank 

Deposits 

Total 

Related 

Bank 

Assets 


Related Bank Assets 






Currency 
Outside Banks 


Active Bank Deposits!" 


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) 

(7) 


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 


















































as at Dec. 31 


1949 


1,110 


74 


1,184 


2,426 


682 




338 


3,446 


33S 


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 


3,926 


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 


1952 
End of 
1952— Jan. 
Feb. 


1,289 
1,153 


88 
82 


1,377 
1,235 


3,242 


796 
748 




453 
412 


4,491 
3,863 


740 
456 


3,751 
3,407 


45 
55 


3,796 
3,462 


5,173 
4,697 


4,129 
3,891 


9,302 
8,588 


5,011 
4,967 


19 
185 


4,992 
4,772 


3,444 
3,062 


916 
895 


4,360 
3,956 


2 
7 


52 

147 


4,310 
3,816 


1952 


2,703 ' 
2,704/ 
2,824,/ 


Jan.— 1952 
Feb. 


1,199 


83 


1,282 


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 


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 


2,889j 


768 




418 


4,075 


528 


3,547 


42 


3,689 


4,849 


3,989 


8,838 


4,983 


65 


4,918 


3,101 


860 


3,960 


13 


53 


3,920 


Apr. 




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 


119 


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. 


Nov. 


1,294 


89 


1,383 


3,106 


790 




403 


4,299 


618 


3,681 


65 


3,746 


5,129 


4,125 


9,254 


5.011 


92 


4,919 


3,471 


937 


4,408 


1 


74 


4,335 


Nov. 


Dec. 


1,289 
1,266 


88 
87 


1,377 
1,353 


3, 


242 
974 


796 
805 




453 
371 


4,491 
4,150 


740 

540 


3,751 
3,610 


45 
48 


3,796 
3,658 


5,173 
5,011 


4,129 
4,139 


9,302 
9,150 


5,011 
5,017 


19 
108 


4,992 
4,909 


3,444 
3,428 


916 
852 


4,360 
4,280 


2 

2 


52 

40 


4,310 
4,242 


Dec. 


1953— Jan. 


2, 


Jan.— 1953 




2. GOVERNMENT OF CANADA SECURITIES 






3. TOTAL OF CERTAIN LIQUID ASSETS HELD BY THE GENERAL PUBLIC, 














AND RELATED FACTORS 






OUTSTANl 


oil 


MG(«) 


Distrib 


UTION''«> 


LIQUID Assets 


Total 
Liquid 

Assets 


RELATED Factors'"" 






Direct Funded Debt 


Guar- 














Currency 

and 

Active 

Bank 

Deposits 


Inactive 


Govt, of Canada 


Bank 


Govt, of 






Unmatured 


Mat 
a 

Ol 

Stan 


ured 
nd 
it- 
ding 


Total 


anteed 

Un- 
matured 
Funded 
Debt 


Exchange 
rate ad- 
justment 
(11) 


(including 
exchange 
rate adjust- 
ment) 


Bank 

of 

Canada 


Chartered 
Banks 


Govern- 
ment 
Accounts 


General 
Public 




Char- 
tered 
Bank 
Notice 
Deposits 


Securities 


Total 
Related 
Factors 


other than 
Govt, of 
Canada 

Securities 

(U) 


Can. Debt 
less Govt. 
Deposits & 
loldings of 
5ovt. Accts 






Special 
Banking 
Issues'^' 


Other 

market 
Issues 


Non- 
market 
Debt<i») 


Total 


Market 
Issues 

(IS) 


Non- 
market 

(10) 


Total 




as at Dec. 31 
















































as at Dec. 31 


1949 


1,200 


12,755 


1,227 


15,182 




3 




15,235 


548 


36 


15,819 


2,009 


3,112 


796 


9,902 




4,422 


3,751 


8,675 


1,227 


9,902 


18,075 


3,233 


14,842 


1949 


1950 


1,600 


12,586 


1,218 


15,304 


£ 


1 




15,355 


577 


2 


15,934 


1,942 


3,079 


847 


10,066 




4,851 


3,861 


8,848 


1,218 


10,066 


18,778 


3,971 


14,807 


1950 


1951 


1,400 


12,225 


1,194 


14,819 


2 


1 




14,840 


629 


27 


15,342 


2,191 


2,754 


1,009 


9,388 




4,843 


3,894 


8,194 


1,194 


9,388 


18,125 


3,952 


14,173 


1961 


1952 


1,400 


12,020 


1,250 


14,670 


J 


9 




14,689 


528 


43 


15,174 


2,227 


2,784 


1,101 


9,062 




5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,055 


1952 


1952— Jan. 
Feb. 


1,400 


12,225 


1,176 


14,801 


1 


9 




14,820 


529 


33 


15,316 


2,138 


2,819 


1,002 


9,357 




4,697 


3,891 


8,181 


1,176 


9,357 


17,945 


3,816 


14,129 


Jan.— 1952 
Feb. 


1,400 


12,173 


1,162 


14,735 


U 


3 




14,758 


529 


33 


15,254 


2,086 


2,884 


1,002 


9,282 




4,730 


3,926 


8,120 


1,162 


9,282 


17,938 


3,852 


14,086 


Mar. 


1,400 


12,173 


1,140 


14,713 


5 


3 




14,736 


529 


39 


15,226 


2,062 


2,939 


1,005 


9,220 




4,801 


3,978 


8,080 


1,140 


9,220 


17,999 


3,890 


14,110 


Mar. 


Apr. 


1,400 


12,173 


1,102 


14,675 


U 


2 




14,697 


529 


40 


15,186 


2,066 


2,917 


1,007 


9,196 




4,849 


3,989 


8,094 


1,102 


9,196 


18,034- 


3,920 


14,114 


Apr. 


May 


1,400 


12,173 


1,081 


14,654 


^ 


1 




14,675 


529 


40 


15,164 


2,028 


2,968 


1,013 


9,155 




4,812 


3,999 


8,074 


1,081 


9,165 


17,966 


3,944 


14,022 


May 


June 


1,400 


12,173 


1,061 


14,634 


2 


1 




14,655 


529 


44 


15,140 


2,069 


2,953 


1,028 


9,090 




4,870 


4,019 


8,029 


1,061 


9,090 


17,979 


3,992 


13,987 


June 


July 


1,500 


12,173 


1.044 


14,717 


2 


1 




14,738 


529 


46 


15,221 


2,124 


3,029 


1,040 


9,028 




4,872 


4,062 


7,984 


1,044 


9,028 


17,962 


4,012 


13,951 


July 


Aug. 


1,500 


12,172 


1,029 


14,701 


'i 







14,721 


528 


48 


15,201 


2,156 


3,024 


1,052 


8,969 




4,887 


4,091 


7,940 


1,029 


8,969 


17,947 


3,991 


13,956 


Aug. 


Sept. 


1,500 


12,172 


1,011 


14,683 


] 


9 




14,702 


528 


48 


15,182 


2,135 


3,028 


1 071 


8,948 




5,015 


4,114 


7,937 


1,011 


8,948 


18,077 


4,058 


14,019 


Sept. 


Oct. 


1,500 


12,172 


1,032 


14,704 


J 


9 




14,722 


528 


45 


15,205 


2,183 


2,991 


1,083 


8,948 




5,143 


4,113 


7,916 


1,032 


8,948 


18,204 


4,219 


13,985 


Oct. 






12,021 


1,273 


14,694 


J 


9 




14,713 


528 


41 


15,199 


2,172 


2,839 


1 096 


9,092 




5,129 


4,125 


7,819 


1,273 


9,092 


18,346 


4,335 


14,011 


Nov. 


Dec. 


1,400 


12,020 


1,250 


14,670 


J 


9 




14,689 


528 


43 


15,174 


2,227 


2,784 


1,101 


9,062 




5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,065 


.Dec. 


1953— Jan. 


1,375 


12,080 


1,237 


14,692 


1 


9 




14,710 


528 


43 


15,195 


2,154 


2,863 


1,101 


9,077 




5,011 


4,139 


7,840 


1,237 


9,077 


18,227 


4,242 


13,985 


Jan.— 1953 


Jt- The term G 
residents; fo 
holdings on a 
For a divisio 
holdings as 
III-B, pages 

t Chartered b 
AprU 1, 1949 

(1) Total Canad 
Canada less: 
the estimate< 
personal sav 


ineral Public 
an approxin" 
quarterly bas 
n of resident 
It year ends 
145-146. 
anks' Newfo 

ian dollar de 
(a) In.ictive 
1 aggregate n 
ngs deposits 


refers to h 
ate division 
is see Table 
holdings be 
see Statist! 

undland br 

posits of th 
cliartered b 
inimum qu 
in Canada 


jldi 
be 
111 
twe 
3d 

anc 

• cl 
ink 
arte 
plus 


ngs of n 
tween re 
page 23. 
en corpo 
aummary 

les have 

artered t 
notice d 
riy balan 
non-per 


)n-res 
ident 

rate z 
Sept 

bee 

)anlts 
'posit 

onal 


idents 
and n 

nd nor 
ember 

1 inclu 

and tl 

s whicl 

charts 

notice 


as wei: 
jn-resid 

-corpo 
19.52 Ta 

ded, SI 

e Banl 
consis 
red bar 
deposit 


ent 

ate 
ble 

nee 

ol 
tof 

ks' 
i in 


(2) 
(3) 

(4) 
(5) 

(6) 


Canac 
montl 
of the 
Canac 
depos 
Seefo 
Net a 
3over 
See fo 
For e 
page ' 


a; (bl F 

-end ret 
Govern 

a (sliow 
ts of the 
otnote ( 
ssets of 
nment o 
Dtnote ( 

timated 

cial, M 


loat, i.e. Che 
urns to the ^ 

ment of Ca 
n in "Relat 

chartered b 

)a. 

the charte 
f Canada Se 

)c. 
quarterly c 

inicipal and 


lines on othe 
Minister of F 
nada at the 
:d Bank As 
anks at the 

red banks 
purities. 

lassification 

"Other" sec 


r banks as sho 
inance; (c) Car 
chartered bar 
sets" section): 
Bank of Cana 

and Bank of 

of Canadian 
urities. 


vn in chartere 
adian dollar d 
ks and the B 
(d) Canadian 
la. 

Canada othe 
loans see Tab 


r 

ep 
ar 

d 

le 


bank 
osits 
k of 
ollar 

than 

III. 


(7) Net of all related asset and liability items of the chartered banks and Bank 
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 
Summary, Sept. 1952, Table IV, page 145. Neivfoundland 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. = 4.86S Cdn. to current ratesof exchange. Official mid-rates of 
exchange have been used to September 30, 19S0 and market rates thereafter. 


(12) For detailed breakdown of distribution of Government of Canada debt as 
at year-ends see Summary. Sept. 1952. 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 iii 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. 



23 



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



FEBRUARY 1953 

CD 



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 


1951 


4,608 


235 


4,843 


3,753 


141 


3,894 


8,220 


1,168 


9,388 


16,581 


1,544 


18,125 


1962 


4,951 


222 


5,173 


4,017 


112 


4,129 


8,097 


965 


9,062 


17,065 


1,299 


18,365 


Month-end 


























1952— Mar. t 


4,568 


233 


4,801 


3,835 


143 


3,978 


8,094 


1,126 


9,220 


16,497 


1,502 


17,999 


Junet 


4,635 


235 


4,870 


3,885 


134 


4,019 


8,008 


1,082 


9,090 


16,528 


1,451 


17,979 


Sept.t 


4,761 


254 


5,015 


3,995 


119 


4,114 


7,931 


1,017 


8,948 


16,687 


1,390 


18,077 


Dec. 


4,951 


222 


5,173 


4,017 


112 


4,129 


8,097 


965 


9,062 


17,065 


1,299 


18,365 



(1) See footnotes to Table III, pages 21-22. t Revised. 



TOTAL ACTIVE NOTE CIRCULATION 



(1) 



MILLIONS OF DOLLARS 

1300 



MILLIONS OF DOLLARS 

1300 



1225 



1225 




1075 



1000 



DEC. JAN. FEB. MAR. APR. 

(1) See footnote (5) to Table 11 on pages 19-20. 



AUG. 



SEPT. 



OCT. 



NOV. 



1000 

DEC. 



I 



FEBRUARY 1953 



24 



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 


1952 


3.59 


3.58 


3.22 


2.69 


Monthly 










1951— 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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 


Feb. 


3.65 


3.62 


3.44 


3.08 



Long Term 


Market Yields 


Average of Business Days 


Canada <" 


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 


3.54 


4.23 


2.64 


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 


3.59 


4.16 


2.74 


3.60 


4.09 


2.77 



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 


1.076 


2.167 


1.795 


.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 


1.349 


2.415 


2.138 


1.349 


2.398 


2.124 


1.473 


2.432 


1.993 



(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-!^% due Dec. IS, 1963-68. It was not eligible for commercial banks before Dec. 1, 1952. 



CHARTERED BANKS: CANADIAN DEPOSITS, CANADIAN LOANS AND 
NON-GOVERNMENT SECURITIES, AND GOVERNMENT OF CANADA SECURITIES 

MILLIONS or DOLLARS MILLIONS Or DOLLARS 



9000 



8000 



7000 



4500 



3500 



2500 




1949 1950 

(1) Provincial, Municipal and Corporate Securities. 



1951 



1952 



1953 



9000 



8000 



7000 



4500 



3500 



2500 



25 



FEBRUARY 1953 



Millions of Dollars 



V— NATIONAL ACCOUNTS'" 

Dominion Bureau of Statistics 
GROSS NATIONAL PRODUCT 



Calendar 
Years 


Wages, 
Salaries 
and Other 
Labour 
Income 


Military 

Pay and 

Allowances 


Investment 
Income 


Net Income of 
Unincorporated Business 

Agricul- other 
ture(2) 


Net 

National 

Income 

at Factor 

Cost 


Indirect 
Taxes 

Less 
Subsidies 


Depreciation 

and 

Similar 

Business 

Costs 


Residual 
Error of 
Estimate 


Gross 

National 

Product 

at Market 

Prices 


1926 
1929 
1933 
1937 
1947 

1948 

1949 

1950t 

1951t 

1952* 


2,358 
2,929 
1,778 
2,518 
6,221 

7,170 
7,761 
8,324 
9,732 
10,855 


7 
8 
8 
9 
83 

82 
115 
137 
201 
270 


685 

836 

299 

793 

2,269 

2,464 
2,445 
3,148 
3,667 
3,746 


619 

408 

74 

290 

1,223 

1,518 
1,504 
1,507 
2,116 
1,861 


516 
608 
293 
452 
1,189 

1,326 
1,369 
1,493 
1,568 
1,575 


4,185 

4,789 

2,452 

4,062 

10,985 

12,560 
13,194 
14,609 
17,284 
18,307 


612 
681 
537 
704 
1,604 

1,772 
1,830 
2,018 
2,461 
2,704 


558 

709 

547 

572 

1,118 

1,276 
1,437 
1,619 
1,820 
1,991 


-61 

-13 

16 

17 

61 

5 

1 

-29 

-117 

-18 


5,294 
6,166 
3,552 
5,355 
13,768 

15,613 
16,462 
18,217 
21,448 
22,984 



GROSS NATIONAL EXPENDITURE 



Calendar 


Personal 

Expenditure 

on Goods 

and 
Services 


(4) 

Govt. Expenditure 


Gross Domestic(6) 
Investment 


(8)(9) 

Exports 

of 

Goods and 

Sevices 


Total 

Available 

Supply 


(9) 
Less Cost of 
Imports 
of Goods 

and 
Services 


Residual 
Error of 
Estimate 


Gross 
National 


Years 


(5) 

Defence 


Other 


Plant, 
Equipment 
and Housing 


Inventories 


Expenditure 

at Market 

Prices 


1926 


3,687 


15 


506 


809 


88 


1,650 


6,775 


1,522 


61 


5,294 


1929 


4,393 


22 


660 


1,330 


61 


1,632 


8,098 


1,945 


13 


6,166 


1933 


2,887 


20 


506 


239 


-82 


826 


4,396 


828 


-16 


3,552 


1937 


3,777 


33 


638 


647 


94 


1,591 


6,780 


1,409 


-16 


5,355 


1947 


9,173 


227 


1,343 


2,121 


947 


3,638 


17,449 


3,621 


-60 


13,768 


1948 


10,112 


236 


1,562 


2,685 


605 


4,054 


19,254 


3,636 


-5 


15,613 


1949 


10,963 


361 


1,767 


2,968 


231 


4,011 


20,301 


3,837 


-2 


16,462 


1950t 


11,994 


493 


1,833 


3,216 


980 


4,185 


22,701 


4,514 


30 


18,217 


1951t 


13,234 


1,149 


2,052 


3,810 


1,620 


5,099 


26,964 


5,633 


117 


21,448 


1952* 


14,290 


1,832 


2,379 


4,138 


176 


5,650 


28,465 


5,500 


19 


22,984 









PERSONAL 


INCOME AND EXPENDITURE 








Calendar 


(10) 
Interest, 
Dividends 
and Net 
Rental 
Income 
of Persons 


(11) 

Another 
Personal 
Earnings 


Transfer 
Payments 

from Govt. 

to Persons 


Less Social 

Insurance 

and Govt. 

Pension 

Funds 

Contributions 


Total 
Personal 
Income 


(12) 

Less 

Personal 

Direct 

Taxes 


Disposable 
Income 


Less 

Personal 

Expenditure 

on Consumer 

Goods and 

Services 


Personal Savings 


Percentage 
of 

Disposable 
Income 
Saved 


Years 


in Farm 
Inventories 


Total (incl. 
Farm In- 
ventories 


1926 


532 


3,503 


74 


17 


4,092 


53 


4,039 


3,687 


-1 


352 


8.7 


1929 


621 


3,970 


93 


27 


4,657 


68 


4,589 


4,393 


-129 


196 


4.3 


1933 


473 


2,210 


181 


21 


2,843 


69 


2,774 


2,887 


-33 


-113 


-4.1 


1937 


550 


3,289 


237 


34 


4,042 


112 


3,930 


3,777 


-11 


153 


3.9 


1947 


1,060 


8,672 


839 


181 


10,390 


■ 791 


9,599 


9,173 


-79 


426 


4.4 


1948 


1,080 


10,224 


863 


224 


11,943 


822 


11,121 


10,112 


-65 


1,009 


9.1 


1949 


1,180 


10,866 


950 


239 


12,757 


789 


11,968 


10,963 


-72 


1,005 


8.4 


1950t 


1,324 


11,383 


1,032 


256 


13,483 


740 


12,743 


11,994 


131 


749 


5.9 


1951 1 


1,432 


13,700 


1,022 


302 


15,852 


1,027 


14,825 


13,234 


354 


1,591 


10.7 


1952* 


1,514 


14,602 


1,358 


328 


17,146 


1,318 


15,828 


14,290 


243 


1,538 


9.7 



(1) Includes Newfoundland commencing in 1949. 

(2) Accrued net income of farm operators from farm production. 

(3) Includes an estimate of capital outlay charged to current account, the 
claim portion of fire insurance premiums, and bad debt allowances. 
Includes capital expenditures by govt, (other than govt, business enter- 
prises), changes in inventories of govt, commodity agencies, the Defence 
Production Revolving Fund, and in 1947, 1948, UNRRA, Mutual Aid and 
Military Relief. Excludes shipments under NATO of previously produced 
military equipment but includes replacement of new equipment. 
Includes only expenditures on goods and services by the Departments of 
National Defence and Defence Production. 
Includes capital expenditures by govt, business enterprises. 
Includes grain held by the Canadian Wheat Board. 
Excludes exports financed by Govt, of Canada expenditure on Mutual 
Aid and foreign relief. 



(9) 



(10) 



(4) 



(5) 

(6) 
(7) 
(8) 



Minor adjustments have been made by D.B.S. to the figures of current 
receipts and payments as shown in the "Canadian Balance of International 
Payments" to achieve consistency with other component series. 
Includes all govt, debt interest paid to persons. Includes charitable 
donations from corporations. 
(1 1) Wages, salaries and supplementary labour income, military pay and 
allowances, net income of agriculture (excluding undistributed earnings 
and inventory valuation adjustment of the Canadian Co-op. Wheat 
Producers and the Canadian Wlieat Board), and other unincorporated 
business, plus net bad debt losses of corporations. The latter are included 
under "Depreciation and Similar Business Costs" and amounted to an 
average of $23 mm. over the last five years. 
Includes succession duties. 
Revised. 
Preliminary. 



(12) 
t 



FEBRUARY 1953 



26 



NATIONAL ACCOUNTS 



(1) 



GROSS NATIONAL EXPENDITURE IN 
CONSTANT 1935-39 DOLLARS 

MILLIONS OF DOLLARS 



I 



20000 



10000 
8000 

6000 
4000 



2000 



1000 
800 

600 
400 




RATIO SCALE 



GROSS NATIONAL EXPENDITURE - 
PLUS IMPORTS 



PERSONAL EXPENDITURE ' 

ON GOODS AND SERVICES 




GOVERNMENT EXPENDITURE- 
GOODS AND SERVICES'^' 



GROSS DOMESTIC INVESTMENT 



GROSS NATIONAL PRODUCT 

MILLIONS OF DOLLARS 



20000 




1000 
800 

600 



1939 40 41 42 43 44 45 46 47 48 49 50 51 52^ 



1939 40 41 42 43 44 45 46 47 48 49 50 51 52* 



PERSONAL INCOME 



MILLIONS OF DOLLARS 

20000 

10000 
8000 

6000 
4000 

2000 



INDEX 1949 = 100 




PERSONAL EXPENDITURE 

MILLIONS OF DOLLARS 



20000 



1939 40 4! 42 43 44 45 46 47 48 49 50 51 52* 




16000 



12000 



8000 



4000' 



1939 40 41 



43 44 45 46 47 48 49 50 51 52 * 



(1) Includes Newfoundland commencing in 1949. (2) Includes capital expenditures by govt, other than govt, business enterprises. (3) New 

residential and new non-residential construction, new machinery and equipment, and change in inventories. Includes capital expenditures by govt. 
business enterprises. (4) National income plus indirect taxes, depreciation allowances and similar business costs. (5) Current dollars divided 
byD.B.S. Consumer Price Index on base 1935-39=100. (6) Agriculture and other unincorporated business. (7) Includes changes in farm 
inventories. (8) Includes succession duties. * Preliminary. 



\VZ^ 



27 

VI— GOVERNMENT OF CANADA 

Fiscal Years ending March 31, in Millions of Dollars 



FEBRUARY 1953 
BUDGETARY STATEMENT 

Department of Finance and Bank of Canada 



1. Budgetary Revenue (ex. Old Age Security Taxes) 

Individual Income Tax — Deductions at Source 

" " " — Other Collections 

Corporate Income Tax (incl. Excess Profits Tax) 

Withholding Tax on Non-Resident Dividends, Interest, etc 

Succession Duties 

Sales Tax 

Excise on Tobacco 

Excise on Liquor 

Excise Tax on Automobiles, Tires and Tubes 

Other Excise Taxes 

Customs Import Duties 

Other Taxes 

Post Office Department 

Return on Investments 

Premium, Discount and Exchange (Net)' 

Other Ordinary Revenue 

War, Demobilization and Reconversion Refunds and Revenue 

Sale of Surplus War and Crown Assets 

Other Special Receipts and Credits (n.e.s.) 

Provincial Corporate Income Tax Suspense Adjustment 

Total Budgetary Revenue 

2. Budgetary Expenditure' 

Dept. of National Defence 

Dept. of Defence Production 

Civil Defence 

Dept. of Veterans' Affairs 

Other Demobilization and Reconversion Expenditure 

Colombo Plan and Other International Assistance' 

Interest on Public Debt 

Cost of Loan Flotations and Amortization of Discount 

Premium, Discount and Exchange (Net)^ 

Subsidies, Special Grants and Tax Rental Payments to Provinces 

Grants to Universities 

Special Government Contribution to Superannuation Account 

Other Dept. of Finance 

Family Allowance Payments 

Subventions to Provinces re Old Age and Blind Persons' Assistance 

Old Age Security Fund Deficit charged to Consolidated Fund' 

General Health Grants 

Other Dept. of National Health and Welfare 

Unemployment Insurance — Administration 

" " — Government Contributions 

Government Annuities — Payments to Maintain Reserve 

Other Dept. of Labour 

Dept. of Agriculture 

National Research Council and Atomic Energy Control Board 

Post Office Department 

Dept. of Public Works 

Royal Canadian Mounted Police 

Deficit of the Canadian National Railways 

Other Deficits, Charges, etc., re Govt. -Owned Enterprises 

Other Dept. of Transport 

Assumption of Newfoundland Debt 

Other Expenditure (n.e.s.) 

Agricultural Prices Support Account — Net Operating Loss 

Reserve for Possible Losses on Active Assets 

Provision for Supplementary Appropriations less Appropriations Lapsing . 

Total Budgetary Expenditure 

3. Budgetary Surplus =1 —2 



1948/9 



428.6 

334.0 

536.8 

43.4 

25.6 

377.3 
190.5 
100.9 
36.9 
135.2 
223.0 

4.0 

80.6 

107.9 

24.5 

91.3 

25.8 

5.2 

2,771.4 



268.8 



276.9 

77.6 

5.8 

465.1 

9.7 

.1 

101.5 



19.0 

270.9 
66.8 

7.5 
14.4 
19.0 
20.1 
11.4 

4.7 

37.5 
13.1 
77.6 
51.1 
13.7 
33.5 
6.1 
60.0 

167.9 

1.1 

75.0 



2,175.9 2,448.6 



1949/50 



279.1 

342.9 

601.4 

47.5 

29.9 

403.4 
206.3 
107.1 
38.2 
37.0 
225.9 

4.4 
84.5 
91.5 

29.6 

34.8 

16.4 

.2 

2,580.1 



384.9 



246.4 

38.3 

7.0 

439.8 
10.5 
19.7 

103.9 



30.9 

297.5 
93.2 

15.7 
16.9 
20.4 
21.1 
1.3 
9.8 

49.4 
16.2 
82.6 
67.1 
16.0 
42.0 
10.3 
74.1 
62.3 
192.8 
3.5 
75.0 



595.5 



131.5 



1950/1 



336.4 

315.9 

809.3 

61.6 

33.6 

460.1 
207.0 
129.2 
70.8 
60.7 
295.7 



4, 
90, 
89 
17 
35 
15, 
19 
58, 



3,112.5 



782.5 
216.4 

4 

11.5 

425.2 
13.3 

123.9 

75.0 
40.1 

309.5 
103.2 

18.9 
17.3 
21.9 
26.1 
.7 
13.9 

139.3' 
18.0 
91.8 
73.6 
19.8 
3.3 
5.3 
77.9 

194.3 

3.5 

75.0 

2,901.2 
211.3 



1951/2 



612.6 

363.1 

1,133.1 

55.0 

38.2 

573.5 
206.9 
119.9 
100.9 
102.6 
346.4 

5.6 

104.6 

117.6 

17.7 

42.0 

14.7 
26.5 

3,&80.9 



1,415.5 

31.0 

.9 

216.0 

4 

26.4 

519.9' 
10.7 

127.2 

7.0 

98.0 

35.8 

320.5 
83.2 
49.7 
24.3 
20.2 
23.5 
29.9 
.9 
9.9 

65.4 
25.1 
98.0 
77.5 
27.3 
15.0 
3.1 
81.7 

212.6 

1.7 

75.0 

3,732.9 
248.0 



1952/3* 



1,187.7 

1,231.2 
54.0 
38.0 

568.0 
231.1 
135.6 
87.0 
87.3 
379.0 

11.5 

111.8 

116.0 

6.8 

49.2 

7.8 
27.7 
45.0 

4,374.6 



1,845.2 

94.0 

2.2 

242.5 

4 

26.1 

447.5 
12.9 

338.0 

7.2 

25.0 

38.0 

334.1 
22.1 

31.0 
22.8 
25.3 
31.3 
1.0 
10.1 

75.3 
29.2 
106.2 
81.0 
32.1 

5.3 
102.4 

222.0 
42.0 
75.0 

4,326.8 
47.8 



1953/4** 



1,250.0 

1,228.0 
55.0 
40.0 

580.0 

■ 550.0 

395.0 
10.0 

■ 290.0 



- 28.0 

47.0« 

4,473.0 



2,000.8 

73.4 

6.5 

233.3 

4 

25.5 

455.8 
12.5 

328.4 
7.4 

42.9 

348.9 
25.1 

30.0 
24.6 
25.9 
32.0 

10.3 

73.4 

28.9 

110.9 

122.0 

35.4 



108.4 
232.9 
= 57.0« 

4,462.0 
11.0 



* Preliminary. **Budget Estimates. 

(1) Revenue and expenditure in respect of "Premium, Discount and Ex- 
change" consist mainly of book credits and debits arising from changes 
in the exchange rates used for valuation in the Government balance (^^ 

sheet of assets and liabilities (mainly cash balances and funded debt) 
which are payable in foreign currency. The rates used at Mar. 31, 1948 (3) 

to 1953 respectively were as follows (expressed in Canadian dollars): — 
for the United States dollar 1.00, 1.00, 1.10, 1.05, .98 11/16, .97 and for 
sterling 4.03, 4.03, 3.08, 2.94, 2,77K and 2.72J^. Of the funded debt 
changes shown in the table the amounts accounted for by exchange (4) 

revaluation were 27.6.20.1 , 25.1 and 6.8 in the years 1949/50 to 1952/3 



respectively, and of the changes in cash balances the amounts accounted 
for by exchange revaluations were 2.2, 11.9 and 6.1 in the years 1949/50 
to 1951/2 respectively. 

Estimated amount remaining in the suspense account at Mar. 31, 19S3, 
which may be subject to revision. 

Excludes Old Age Security Fund expenditures except for the Fund's 
deficit of 49.7 in 19SI/2. The Fund's deficits of 100.0 in 1952/3 and 
66.9 (estimated) in 1953/4 are shown as temporary loans under "Non- 
Budgetary Accounts". 

Included under departmental headings (largely in Dept. of Agriculture), 
beginning in 1950/1. 



FEBRUARY 1953 



28 



VI— GOVERNMENT OF CANADA : OVERALL FINANCIAL STATEMENT 

Fiscal Years ending March 31, in Millions of Dollars Department of Finance and Bank of Canada 



Receipts or Credits and Disbursements or Debits in respect of: 

3. Budgetary Accounts ( = Item 3 on opposite page) 

4. Non-Budgetary Accounts (ex. Debt Transactions shown under Item 5) 

Temporary Loans to Old Age Security Fund 

Advances to Defence Production Revolving Fund 

Credits to Defence Equipment Replacement Account 

Credits to Defence Materiel Replacement Suspense Account 

Advances to Agricultural Prices Support Account 

Advances to Agricultural Products Board Account 

Advances to Canadian Commercial Corporation 

Other Working Capital Advances 

Loans to, and Investments in, Canadian National Railways 

Loans to Central Mortgage and Housing Corporation 

Loans to, and Investments in, Other Crown Agencies (Net) 

Advances to Exchange Fund Account 

Drawings on Demand Notes Issued to Int. Bank & Monetary Fund 

Interest Accrued on Public Debt 

Reserve for Possible Losses on Active Assets 

Deferred Charges re Civil Service Superannuation Account 

Loans and Advances to United Kingdom and Other Governments 

Soldier Settlement and Veterans' Land Act Loans (Net) 

Other Loans and Investments (Net) 

Unamortized Discounts and Commissions on Loans 

Contractors' Security Deposits and Holdback Accounts 

Colombo Plan Fund Account 

Provincial Corporate Income Tax Collections Suspense Account 

Prairie Farm Emergency Fund Account 

Newfoundland — Financial Surplus Deposit Account 

Other Deposit, Trust and Sundry Suspense Accounts (Net)'" 

Military Relief and Other Deferred Credits 

Outstanding Cheques, Warrants and Post Office Items, etc 

Interest Due and Outstanding 

Total 

5. Debt Transactions'' 

Increase in Liability re Government Annuities Account 

" " " " Civil Service Superannuation Account 

" " " " Permanent Services Pension Account 

" " " " Miscellaneous Insurance and Pension Accounts. 

Increase or Decrease in Matured Funded Debt Outstanding 

" " " " Refundable Portion of Personal Income Tax. . . . 

" " " " Refundable Portion of Excess Profits Tax 

" " " " Unmatured Funded Debt — Payable in Canada . . 

" —Payable Abroad'.... 

Increase or Decrease in Securities Investment Account 

" " " " Sinking Fund re Newfoundland Debt 

Increase or Decrease in Gross Debt 

Total of Items 3, 4 and 5 = Increase or Decrease in Cash Balances'. 



1948/9 1949/50 



595.5 



2.4 

12.5 

1.0 

9.5 

4.1 

68.0 

7.1 

450.0 



75.0 

77.8 

16.3 

7.2 

6.9 

2.0 

28.8 



5.1 

.4 

13.8 

4.1 

489.0 



72.2 
4.6 

14.3 
8.4 

1.8 
224.8 

64.0 
183.4 

99.9 

217.2 
53.8 
52.6 



131.5 



17.6 
4.1 

2.4 
21.0 
91.5 
25.5 
150.0 
45.0 

75.0 

104.6 

.8 

20.4 

3.2 

.8 

8.1 

20.0 

14.7 

6.6 

2.2 

3.1 

219.6 



61.4 
8.6 

16.5 
6.9 

15.2 

54.8 
534.6 
192.4 

437.1 

8.0 

140.7 

52.7 



1950/1 



211.3 



175.5 

19.4 
.4 

1.0 
19.9 
79.4 

3.0 

475.0 



75.0 

43.4 
7.5 
4.3 
2.5 
3.0 

12.6 



.7 
.6 

8.3 

2.6 

261.5 



57.2 

85.6 

21.2 

7.0 

8.3 

91.3 
7.9 

78.0 

.1 
5.5 
4.3 

54.4 



1951/2 



248.0 



82.4 

25.9 

1.6 

4.8 

3.1 

6.5 

4.3 

140.0 

73.6 

1.8 

200.0 

7.5 

87.5 

75.0 

214.0' 

59.4 

1.5 

1.9 

5.8 

8.0 

14.4 
3.6 
8.3 
8.9 
6.1 

97.7 

.4 

352.4 



55.5 

331.19 

44.5 

7.5 

18.1 

24.4 

281.9 

25.1 

49.3 

3.2 

36.6 

67.7 



1952/3' 



47.8 



100.0 
34.4 
66.1 
13.7 



} 



56.9 



1.0 



124.8 

75.8 

14.6 

50.0 

4.8 

7.0 

75.0 

25.0' 

58.5 

1.0 

3.6 

8.7 

29.5 

17.0 

30.7 

5.9 



} 



12.3 
1.6 



103.1" 

1.3 
317.7 



62.1 

34.79 

43 3 

6.0 

6.6 



149.0 
6.8 

.7 
1.2 

281.2 
11.3 



1953/4** 



Old Age Security Fund Transactions 

Pension Payments 

Tax Receipts — 2 Per Cent Sales Tax 

" " — 2 Per Cent Individual Income Tax 

" " — ^2 Per Cent Corporate Income Tax. 



76.1 

24.3 

.1 

2.0 



324.1 

142.0 
45.3 
36.8 



26.4 



224.1 



(5) 



(6) 
(7) 

(8) 

(9) 



Includes contributions to International Refugee Organization, Inter- 
national Children's Emergency Fund. General Post-U.N.R.R.A. Relief, 
U.N.R.R.A. for Korea, and Relief for Yugoslavia, Greece, the Near 
East and Palestine Refugees. 

Includes 87.5 for adjustment of interest from a cash to an accrual basis. 
Includes special 65.0 payment to Canadian Wheat Board for distribution 
to wheat producers. 

Includes 12.0 allowance for transfer of special excise tax revenues to 
the Canadian Broadcasting Corporation. 

In 1951/2 the estimated deficiency of $214 million in the Civil Service 
Superannuation Account was set up as a deferred charge in the Govern- 
ment balance sheet, to be written off in subsequent years by such special 
contributions as are voted by Parliament for the purpose. 



(10) Includes cash balances of Unemployment Insurance Fund. 

(11) Includes, in 1952/3, changes in accounts payable and other year-end 
adjustment accounts. 

(12) Changes in deposit, suspense, reserve and all other liability accounts not 
shown under Item 5 are included in "Non-Budgetary Accounts" under 
Item 4. 

•k In his Budget Speech of Feb. 19, 1953. the Minister of Finance estimated 
that total non-budgetary requirements (except for the exchange fund, 
cheques outstanding and other float items) less the increase in liabilities 
to the Government Annuities, the Civil Service Superannuation, the 
Permanent Services Pension and Miscellaneous Insurance and Pension 
Accounts, would be of the order of $175 million. 






29 



FEBRUARY 1953 



GOVERNMENT OF CANADA 



DISTRIBUTION OF TOTAL TAX COLLECTIONS' 



MILLIONS OF DOLLARS 



riSCAL YEARS ENDING MARCH 31 



MILLIONS or DOLLARS 



4000 



4000 



3000 



3000 




2000 



1000 



(1) Excluding Old Age Security taxes of $26.4 mm., $224.1 mm. and $278.0 mm. in fiscal years ending Mar. 31, 1952, 
respectively. (2) Excluding refundable portion. * Preliminary. ** Budget estimates. 



1953* 
1953 and 



1954 



BUDGETARY EXPENDITURES BY CLASSESt 



MILLIONS OF DOLLARS 



FISCAL YEARS ENDING MARCH 3 



MILLIONS OF DOLLARS 



5000 



4000 



3000 



2000 



1000 




1939 



1942 



1943 



1945 



1946 



1947 



1948 



1949 



1951 



1952 



1953^ 



5000 



-4000 



3000 



2000 



1000 



1954** 



t Excludes the Pension Payments from the Old Age Security Fund, except for the Fund's deficit of $49.7 mm. in fiscal year ending 
Mar. 31, 1952. (1) Dept. of National Defence, Dept. of Defence Production, and Civil Defence commencing in fiscal year ending 
Mar.31, 1952. (2) Excludes Dept. of National Defence. Dept. of Veterans' Affairs, and Old Age and Blind Pensions. (3) Includes 

the Old Age Security Fund deficit of $49.7 mm. in fiscal year ending Mar. 31, 1952. (4) Subsidies, Special Grants and Tax 
Rental Payments. * Preliminary. ** Budget estimates. 



FEBRUARY 1953 



30 



VII- 



-FOREIGN EXCHANGE RATES 

Bank of Canada 



(1) 



Cents per unit 




OFFICIAJ 


L 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") 


110.00 
110.00 
100.00 
111.00 


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 














1950 (^) 


110.25 


103.25 


108.92 


308.00 


289.25 


304.44 


1951 


107.31 


101.19 


105.27 


300.50 


281.38 


294.67 


1952(6) 


101.13 


95.88 


97.88 


281.25 


266.75 


273.38 


1952— 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 


96.06 


95.88 


95.98 


267.44 


266.75 


267.11 


Oct. 


97.16 


96.00 


90.43 


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 


1953— Jan. 


97.38 


96.75 


97.05 


273.56 


272.38 


273.05 


Feb. 


98.44 


97.00 


97.73 


277.50 


273.44 


275.55 



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

(2) Dates on which official rates were estabUshed 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) Noon averages for 1950 are based on official mid-rates for the first nine 

months and on market noon-rates thereafter. 
(5; 1952 averages have been based on five day week quotations. 



UNITED STATES DOLLAR IN CANADIAN FUNDS 



(1) 



CANADIAN DOLLARS 



CANADIAN DOLLARS 




ONDJFMAMJJASONDJFMAMJJASONDJFMAMJJASOND 
1950 1951 1952 1953 

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



31 



FEBRUARY 1953 



VIII— 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 




Gold 


Nickel 


Steel 


print 
(1) 


Electric 






Store Sales 














Stations*'" 


Awarded ''> 




(4) 


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(6> 






















1926 


1,754 


33 


869 


2,068 


9,354 


110 


3,268 


* 


* 


* 


1929 


1,928 


55 


1,543 


2,984 


13,897 


129 


3,532 


* 


* 


* 


1933 


2,949 


42 


459 


2,282 


12,812 


24 


2,031 


242 


* 


» 


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 


46,086 


542 


3,906 


873 


168.0 


321.8 


1951 


4,393 


138 


3,567 


5,516 


51,916 


437 


4,183 


902 


180.2 


381.3 


1952 


4,472 


140 


3,722 


5,687 


55,568 


511 


4,160 


978 


184.7 


426.0 


12-mths. ending 






















Jan. 1953 


4,490 


140** 


3,751 


5,690 


56,039 


513 


4,144 


986 


185.2 


429.5 


Monthly 






















Mar. 


364.7 


12.3 


339.4 


476.5 


4,702 


30.2 


330 


70.2 


178.0 


409.0 


Apr. 


363.1 


12.3 


316.6 


471.2 


4,475 


42.9 


325 


75.1 


177.9 


411.6 


May 


365.9 


12.3 


330.5 


496.0 


4,596 


42.6 


356 


83.7 


177.4 


410.6 


una 


359.1 


12.5 


305.5 


451.9 


4,346 


61.0 


347 


77.1 


182.5 


420.2 


uly 


373.7 


10.4 


293.4 


485.5 


4,358 


64.7 


364 


59.8 


185.5 


426.3 


Aug. 


372.2 


11.9 


289.lt 


486.5 


4,457 


41.3 


354 


69.6 


188.8 


433.3 


Sept. 


383.2 


10.9 


288.0 


461.5 


4,571 


42.3 


362 


84.3 


190.6 


442.7 


Oct. 


403.1 


11.7 


307.9 


502.8 


4,927 


51.6 


392 


97.3 


192.6 


452.2 


Nov. 


388.3t 


11.3 


308.6 


463.4 


4,805 


60.1 


350 


108.0 


192.3 


455.8 


Dec. 


391.3 


11.7 


319.7 


463.4 


5,048 


36.7 


334 


137.2 


192.2 


459.5t 


1953— Jan. 


372.7 




346.6 


473.6 


5,255 


21.5 


315 


63.8 


187.1 


430.1 



(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. Includes Newfoundland commencing February 1950. (4) Excludes 

Newfoundland. (5) 9 Leading industries. First of month figures. (6) Average of months in case of Employment and Payrolls Indexes. 

* Not available. ** 12 mths. ending Dec. 1952. f Revised. 



Jmm 



PRODUCTION OF CERTAIN MINERALS 

,000 FINE OUNCES Jmm. LBS. MM |mM. 



4500 150 



-%;-5^-30oo 100 




1500 50 




600 180 



-400 120 



200 60 




1947 48 49 50 51 52 



1947 48 49 50 51 52 



1947 48 49 50 51 52 




30 



IRON ORE 


^ 


w 


6 




1 

1 




I 


4 


1 


4 

i 


2 

-'o 




1947 48 49 50 51 52 



1947 48 49 50 51 52 



1947 48 49 50 51 52 



FEBRUARY 1953 



32 



IX— MINERAL production" 

Dominion Bureau of Statistics 
METALLIC MINERALS 





Gold 


Silver 


Other<2) 
Precious Metals 


Nickel 


Copper 




Thous. 




Thous. 


$ mm. 


Thous. 


$ mm. 




$ mm. 




$ mm. 




fine oz. 


$ mm. 


fine oz. 


fine oz. 


mm. lbs. 


mm. lbs. 


1926 


1,754 


36.3 


22,372 


13.9 


20 


1.6 


66 


14.4 


133 


17.5 


1929 


1,928 


39.9 


23,143 


12.3 


30 


1.7 


110 


27.1 


248 


43.4 


1933 


2,949 


84.4 


15,188 


5.7 


56 


1.5 


83 


20.1 


300 


21.6 


1937 


4,096 


143.3 


22,978 


10.3 


259 


9.9 


225 


59.5 


530 


68.9 


1946 


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 


1951t 


4,393 


161.9 


23,126 


21.9 


319 


22.5 


276 


151.3 


540 


149.0 


1952* 


4,420 


151.5 


24,376 


20.4 


270 


18.0 


280 


150.9 


515 


147.8 





Zinc 


Lead 


Iron Ore 


Magnesium'" 


All Other 
Metallics 


Total 
Metallics 






















mm. lbs. 


$ mm. 


mm. lbs. 


$ mm. 


Thous. tons 


$ mm. 


Thous. lbs. 


$ mm. 


$ mm. 


$ mm. 


1926 


150 


11.1 


284 


19.2 


_ 


_ 


_ 


_ 


1.1 


115.1 


1929 


197 


10.6 


327 


16.5 


- 


- 


- 


- 


2.8 


154.3 


1933 


199 


6.4 


266 


6.4 


- 


- 


- 


- 


.9 


147.0 


1937 


370 


18.2 


412 


21.1 


- 


- 


- 


- 


2.9 


334.1 


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 


** 


1.5 


5.8 


617.2 


1951t 


682 


135.8 


316 


58.2 


4,681 


31.1 


** 


3.6 


10.3 


745.6 


1952* 


764 


133.5 


330 


53.3 


5,205 


34.2 


** 


4.6 


13.7 


727.9 



NON-METALLIC MINERALS 





Coal 


Petroleum 


Natural Gas 


Asbestos 


Salt 




Thous. tons 


$ mm. 


Thous. bbl. 


$ mm. 


billions 
cu. ft. 


$ mm. 


Thous. tons 


$ mm. 


Thous. tons 


$ mm. 


1926 


16,478 


59.9 


364 


1.3 


19 


7.6 


279 


10.1 


263 


1.5 


1929 


17,497 


63.1 


1,117 


3.7 


28 


10.0 


306 


13.2 


330 


1.6 


1933 


11,903 


35.6 


1,145 


3.1 


23 


8.7 


158 


5.2 


280 


1.9 


1937 


15,836 


48.8 


2,944 


5.4 


32 


11.7 


410 


14.5 


459 


1.8 


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(<) 


575 


39.7 


749 


5.6 


1950 


19,139 


110.1 


29,093 


84.6 


68 


6.4W 


875 


65.9 


859 


7.0 


1951t 


18,587 


109.0 


47,616 


116.7 


79 


7.2(<) 


973 


81.6 


965 


7.9 


1952* 


17,360 


109.4 


60,865 


143.4 


88 


9.3W 


966 


88.8 


992 


7.5 





Sulphur 


Gypsum 


Sodium Sulphate 


Peat Moss'" 


All Other («> 
Non- 
Metallic s 


Total <•> 

NON- 




















Metallics 




Thous. tons 


$ mm. 


Thous. tons 


$ mm. 


Thous. tons 


$mm. 


Thous. tons 


$mm. 


$ mm. 


$ mm. 


1926 


9 


.1 


884 


2.8 


7 


_ 


_ 


_ 


2.1 


85.4 


1929 


43 


.4 


1,212 


3.3 


5 


.1 


- 


- 


2.6 


98.0 


1933 


57 


.5 


383 


.7 


50 


.5 


- 


- 


1.3 


57.8 


1939 


131 


1.2 


1,047 


1.5 


80 


.6 


- 


- 


2.9 


88.4 


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 


1951t 


372 


3.1 


3,803 


5.8 


192 


2.4 


77 


2.4 


12.4 


348.6 


1952* 


441 


4.1 


3,593 


6.1 


156 


1.7 


77 


2.4 


13.8 


386.4 



(1) Includes Newfoundland commencing in 1949. Since 1941 excludes data 
for pitchblende products. 

(2) From 1945 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. 

(3) Magnesium and calcium commencing in 1950. 

(4) Includes Alberta production valued at the well head. Production figures 



(5) 
(6) 



prior to 1949 do not include natural gas which was allowed to go to waste; 

value figures for Alberta prior to 1949 include some gas at a higher value 

than at the well head. Ontario production from 1950 valued at wholesale 

price rather than retail as in previous years. 

Not included in production prior to 1941. 

Excluding clay products and other structural materials. 

Not available. f Revised. * Preliminary. 



33 



FEBRUARY 1953 



Index 1949=100 



X— CONSUMER PRICE INDEX*" 

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 


1952 


116.5 


116.8 


120.2 


111.8 


U6.2 


116.0 


First of Month 














1951— 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 


U5.2 


116.4 


115.0 


1952— Jan. 


118.2 


122.4 


118.3 


114.9 


116.4 


115.6 


Feb. 


117.6 


120.8 


118.3 


113.5 


116.3 


116.8 


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 


116.6 


June 


116.0 


115.7 


120.4 


111.8 


115.9 


116.7 


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 


1953— Jan. 


115.7 


113.5 


122.3 


109.7 


116.5 


116.7 


Feb. 


115.5 


112.7 


122.5 


109.6 


116.6 


116.7 



(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. 



XI— WHOLESALE PRICES 
CANADA 

Dominion Bureau of Statistics 



U.S.A. 

Bureau of Labour Statistics 



U.K. 

Bd. Trade 



Aver, of Mths. 
1926 
1929 
1933 
1937 
1947 
1948 
1949 
1950 
1951 
1952 
Monthly 
1952— Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1953— Jan. 



Total 
Index 



Farm Products^'' 


Raw and 
Partly 
Manu- 
factured 


Fieldt 


Animal 


Totalt 



Fully & 
Chiefly 
Manu- 
factured 



Index 1935 -39 = 100 



130.3 
124.6 
87.4 
107.7 
163.3 
193.4 
198.3 
211.2 
240.2 
226.2 

232.6 
230.8 
226.9 
224.8 
226.5 
225.5 
223.9 
222.1 
221.0 
221.9 
221.2 

221.5 



158.5 


130.2 


144.4 


129.1 


137.2 


144.4 


140.8 


126.1 


69.3 


69.2 


69.3 


79.3 


128.9 


106.0 


117.4 


113.7 


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 


211.5 


277.4 


244.4 


218.9 


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 


195.3t 


277.2 


236.2t 


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 


176.4 


268.3 


222.3 


210.1 


173.4 


266.4 


219.9 


209.4 



133.0 

123.7 
93.3 
104.4 
162.4 
192.4 
199.2 
211.0 
242.4 
230.9 

236.2 
234.6 
230.7 
228.1 
230.6 
230.0 
228.8 
228.0 
227.7 
228.8 
228.1 

229.0 



Total 
Index 



Farm 
Products 



Pro- 
cessed 
Foods 



All Other 

Com- 
modities 



Index 1947 -49 = 100 



65.0 

61.9 

42.8 

56.1 

96.4 

104.4 

99.2 

103.1 

114.8 

111.6 

112.5 
112.3 
111.8 
111.6 
111.3 
111.8 
112.1 
111.8 
111.2 
110.7 
109.6 

109.9 



** 


** 


58.6 


** 


28.7 


** 


48.3 


** 


100.0 


98.2 


107.3 


106.1 


92.8 


95.7 


97.5 


99.8 


113.4 


111.4 


107.1 


108.8 


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 


103.6 


107.7 


99.6 


104.3 


99.8 


105.5 



71.5 

65.5 

50.9 

61.0 

95.3 

103.4 

101.3 

105.0 

115.9 

113.2 

114.2 
113.8 
113.3 
113.0 
112.6 
112.5 
112.9 
113.2 
113.1 
112.8 
112.9 

112.9 



Total 
Index 



(2) 



124.1 
118.2 
81.7 
107.1 
184.1 
199.4 
189.4 
196.9 
219.3 
213.2 

214.9 
214.5 
213.5 
213.1 
212.6 
213.5 
214.1 
213.5 
212.4 
211.4 
209.3 

209.9 



Total 
Index 



(3) 



124.8 
115.0 
86.3 
109.5 
193.2 
220.9 
231.6 
264.2 
321.8 
330.2 

331.7 
335.3 
332.2 
329.9 
329.8 
329.4 
327.1 
324.8 
328.3 
326.7 
329.6 

329.6 



(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 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 1926-29 and from base 1930 = 100 thereafter. ** Not available. 



FEBRUARY 1953 



34 



Millions of Dollars 



XII— EXPORTS AND IMPORTS BY COUNTRIES^'^ 

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









TOTAL EXPORTS (EXCLUDING GOLD) TO 






New Gold 




















Production 








U.K. 


Union 


Other 


Western 


Central 


All 


Total 


Available 
for 




U.S.A. 


U.K. 


Dependen- 


OF 


Sterling 


Europe & 


AND 


Other 


All 


Export 








cies 


South 
Africa 


Area 
(3) 


Colonies 

(4) 


South 

America 


(S) 


Countries 


(6) 


Calendar Yearg 






















1926 


471 


318 


26 


9 


50 


283 


44 


76 


1,277 


30 


1929 


581 


226 


28 


13 


53 


142 


44 


92 


1,178 


37 


1933 


196 


188 


13 


6 


20 


72 


10 


30 


535 


82 


1937 


394 


386 


24 


17 


58 


94 


25 


49 


1,045 


145 


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 


628 


74 


53 


140 


363 


213 


150 


3,960 


150 


1952 


2,342t 


751t 


79 


38 


174 


471 


279 


212 


4,344t 


150 


12 Mths. end'g 






















Jan. 1953 


2,343 


754 


78 


36 


173 


463 


268 


218 


4,332 


153 


Monthly 






















1952-Jan. 


191.1 


45.5 


7.6 


3.8 


14.3 


29.0 


28.6 


11.5 


331.5 


13.3 


Feb. 


175.8 


44.7 


8.3 


4.1 


15.7 


32.0 


27.7 


12.1 


320.5 


13.2 


Mar. 


190.0 


70.4 


8.6 


4.5 


19.7 


28.2 


24.1 


14.3 


359.8 


15.0 


Apr. 


182.8 


71.0 


6.5 


3.5 


15.3 


23.6 


26.6 


13.0 


342.4 


11.2 


Mav 


194.2 


98.1 


8.8 


4.3 


15.5 


40.6 


23.2 


12.2 


396.9 


8.5 


June 


197.0 


83.5 


6.8 


2.9 


14.0 


45.4 


21.1 


16.2 


386.9 


14.6 


July 


189.2 


68.8 


6.6 


1.8 


18.1 


46.7 


21.2 


20.8 


373.1 


14.9 


Aug. 


180.7 


64.5 


4.8 


2.2 


12.0 


47.2 


14.1 


13.8 


339.3 


9.6 


Sept. 


197.2 


42.3 


5.1 


3.6 


10.6 


46.1 


20.9 


20.4 


346.2 


12.8 


Oct. 


208.6 


56.7 


5.4 


2.3 


9.8 


47.9 


25.9 


18.6 


375.2 


10.1 


Nov. 


214.8 


60.9 


5.9 


2.3 


15.9 


47.7 


25.2 


32.1 


404.7 


13.6 


Dec. 


220.5 


44.3 


4.6 


2.2 


12.8 


36.3 


20.3 


26.8 


367.9 


13.5 


1953-Jan. 


192.4 


49.3 


6.3 


1.9 


13.1 


21.0 


17.4 


17.8 


319.1 


16.0 



Millions of Dollars 






MERCHANDISE IMPORTS 


























Excess of 








TOTAL IMPORTS (EXCLUDING GOLD) FROM 






Merch- 


















andise 








U.K. 


Union 


Other 


Western 


Central 


All 


Total 


Exports 




U.S.A. 


U.K. 


Dependen- 


OF 


Sterling 


Europe & 


AND 


Other 


Ail 








(7) 


cies 


South 
Africa 


Area 
(3) 


Colonies 
(4) 


South 
America 


(S) 


Countries 


andise 

Imports 


Calendar Years 






















1926 


669 


165 


26 


1 


21 


71 


33 


23 


1,008 


268 


1929 


894 


195 


28 


1 


31 


90 


33 


28 


1,299 


-121 


1933 


217 


98 


16 


5 


13 


32 


10 


10 


401 


134 


1937 


491 


147 


43 


8 


36 


43 


21 


20 


809 


237 


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 


1952 


2,977 


357 


106 


4 


75 


157 


285 


66 


4,027 


318t 


Monthly 






















1952-Jan. 


228.7 


24.3 


8.1 


.2 


6.5 


11.8 


22.2 


5.1 


307.0 


24.5 


Feb. 


211.8 


21.3 


8.9 


.3 


7.7 


9.7 


18.7 


3.7 


282.0 


38.5 


Mar. 


253.5 


22.6 


6.5 


.4 


3.8 


12.5 


24.3 


3.3 


327.0 


32.8 


Apr. 


245.6 


28.4 


6.7 


.3 


6.1 


11.0 


21.6 


4.3 


323.9 


18.5 


May 


282.9 


32.1 


11.1 


.4 


8.8 


15.3 


27.3 


7.1 


384.9 


12.0 


June 


235.3 


31.3 


11.4 


.3 


5.1 


12.5 


23.2 


4.9 


324.0 


62.9 


July 


246.6 


33.9 


10.8 


.3 


5.7 


11.8 


27.7 


6.2 


343.0 


30.1 


Aug. 


212.8 


31.9 


8.8 


.6 


4.9 


12.4 


24.3 


6.7 


302.4 


36.9 


Sept. 


255.1 


31.4 


11.4 


.3 


7.8 


14.2 


21.9 


6.9 


349.0 


-2.8 


Oct. 


275.2 


36.6 


8.5 


.4 


7.8 


15.5 


26.7 


5.1 


375.9 


-.7 


Nov. 


264.2 


35.1 


8.0 


.3 


7.7 


17.3 


24.6 


6.1 


363.3 


41.4 


Dec.t 


265.2 


27.8 


6.1 


.3 


3.7 


13.0 


22.6 


6.2 


344.9 


23.6 


1953-Jan.w 


264.2 


35.1 














364.7 


-45.6 



(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, 1951 and 1952 amounted to 56.8, 
109.1 and 51.9 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) Previously described as "Net Non-Monetary Gold Exports" and defined 
in the Quarterly Gold Statistics Tables in the Statistical Summary (see 
footnote (1) to Table IX page 10). 

(7) Imports from the United Kingdom do not include articles imported for 
the use of the armed forces of the United Kingdom in the years 1947 to 1949 
inclusive. In 1947 articles admitted free under Order in Council (9213) and 
the item "Canadian Goods Returned" (9195' are excluded. 

(8) Preliminary f Revised. 



35 



FEBRUARY 1953 



FEBRUARY 1953 



36 



XIII— MERCHANDISE IMPORTS: COMMODITY CLASSIFICATION 

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



Millions of Dollars 
























ing vjum^ 






















Millions of Dollars 






















Hides 


Other 


Cotton 




Wool 


















Fruits 
and 
Nuts 


Vegetables 


and 

MUled 

Products 

(incl. rice) 


Sugar 

and 

Products 


Tea 
and 
Coffee 


Alcoholic 

Beverages 

(1) 


Oils 
edible) 


Rubber 
(incl. syn- 
thetic) 


Furs 


and 
Leather 
(unmfd. 
and mfd.) 


Vegetable 

and 

Animal 

Products 




Silk 

(raw and 

mfd.) 






Artificial 
SUk 


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 
1926 


34 


6 


17 


38 


19 


28 


11 


30 


13 


18 


49 


24 


33 


30 


10 


39 


6 


16 


28 


11 


13 


22 


Calendar Years 
1920 


1929 


39 


11 


26 


28 


18 


47 


12 


23 


15 


20 


?^ J 


28 


34 


29 


10 


40 


13 


15 


30 


15 


18 


30 


1929 


1933 


18 


4 


5 


16 


10 


14 


6 


5 


4 


7 


19 / 


12 


13 


7 


7 


11 


3 


7 


10 


5 


8 


5 


1933 


1937 


29 


6 


18 


21 


14 


8 


16 


19 


8 


12 


27 . 


21 


20 


8 


16 


19 


4 


11 


16 


8 


14 


12 


1937 


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 


1960 


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 
Nov. 1952 


118 


46 


40 


71 


71 


20 


20 


52 


22 


20 


92 


67 


78 


6 


29 


51 


38 


23 


59 


30 


56 


46 


12-Mths. endiny 
Nov. 1952 


Monthly 
1951— 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 


Monthly 
July— 1951 


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 


4.2 


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. 


Oct. 


10.1 


2.0 


4.1 


10.8 


6.2 


2.0 


1.1 


4.2 


■ 2.3 


2.1 


6.7 


6.1 


8.3 


.7 


2.2 


5.1 


4.5 


2.5 


4.7 


3.1 


5.8 


4.9 


Oct. 


Nov. 


10.7 


2.5 


5.9 


8.8 


7.0 


1.9 


2.3 


3.5 


1.4 


2.0 


7.3 


7.3 


7.8 


.6 


2.0 


5.2 


5.3 


3.3 


4.8 


2.7 


5.3 


4.5- 


Nov. 





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 


TotaI(2) 






AlUed 
Products 


Ore 


and 
Billets 


RaUs 


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 


1926 


31 


3 


2 


10 


30 


8 


5 


14 


18 


39 


52 


40 


_ 


3 


17 


31 


67 


52 


9 


25 


59 


1,008 


1926 


1929 


40 


5 


3 


12 


37 


15 


6 


18 


32 


70 


85 


60 


3 


3 


37 


48 


64 


77 


U 


35 


75 


1,299 


1929 


1933 


24 


- 


- 


1 


13 


1 


1 


5 


2 


12 


12 


12 


2 


1 


5 


10 


31 


31 


4 


12 


26 


401 


1933 


1937 


37 


5 


1 


5 


37 


4 


3 


11 


17 


46 


49 


33 


4 


3 


16 


25 


42 


59 


9 


27 


48 


809 


1937 


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 


Nov. 1952 


183 


26 


17 


24 


85 


37 


13 


136 


195 


355 


251 


246 


12 


11 


134 


129 


171 


335 


26 


105 


406 


3,955 


Nov. 1952 


Monthly 














































Monthly 


1951— 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— 1951 


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. 


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 


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. 
May 
Jiine 
July 
Aug. 
Sept. 
Oct. 
Nov. 


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 


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 


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 


July 


14.7 


.6 


.5 


.8 


2.9 


1.1 


1.1 


8.9 


21.0 


31.5 


23.7 


20.5 


1.4 


.6 


11.3 


11.7 


15.5 


35.5 


2.0 


9.6 


39.5 


343.0 


Aug. 


13.8 


2.1 


.8 


1.3 


3.7 


1.8 


1.0 


11.8 


14.4 


26.1 


14.7 


20.0 


2.0 


1.2 


10.2 


9.2 


13.6 


28.4 


1.9 


10.1 


37.7 


302.4 


Sept. 


15.8 


5.8 


1.0 


1.7 


7.0 


2.5 


1.1 


11.4 


11.2 


28.8 


22.9 


23.1 


1.6 


.6 


13.5 


10.3 


17.4 


34.3 


2.2 


10.8 


36.7 


349.0 


Oct. 


18.0 


6.2 


1.4 


1.8 


7.4 


3.0 


1.2 


9.3 


10.5 


32.7 


22.8 


26.6 


1.3 


.5 


14.7 


13.6 


18.3 


30.5 


2.8 


10.8 


42.7 


375.9 


Nov. 


17.7 


4.2 


3.0 


1.8 


6.4 


2.5 


1.3 


8.9 


11.2 


31.0 


. 17.6 


24.6 


1.1 


1.2 


13.8 


14.2 


15.8 


31.4 


2.9 


9.3 


41.3 


363.3 


(1) Before 1935 import 


otals are sub 


stantially ov 


er-valued owi 


ne tn inrliinir 


, ,,„ 


,. 












llr,;.„^ v:^ 


A A 


. . , 


• nrtsrf f 


ir thr> nap of 


he armed for 


ces of the Un 


ted Kingdon 


in the years 


1947 to 1949 


inclusive. I 


n 1947 articles free under 



I I 




t^ 



^<^^'» 



TATISTICAL SUMMARY 

BANK OF CANADA 



Tables 



Charts 



I Bank of Canada : 

Liabilities and Assets 

II Chartered Banks: 

Liabilities and Assets 

III General Public Holdings of Certain Liquid Assets 

Chartered Banks: Current Loans to the Public in Canada 

IV Official Holdings of Gold and U. S. Dollars .... 
V Foreign Exchange Rates 

United States Dollar in Canadian Funds 
VI Government Bond Yields and Treasury Bill Rates 
VII Government Bond Yields: Canada, U.S.A. and U.K. . 

VIII Consumer Credit Outstanding 

Consumer Credit Outstanding 

IX Capital Expenditures on New Construction, Machinery and Equipment 

Capital Expenditures on New Construction, Machinery and Equipment 

Investment in Heavy Manufacturing Industries 

X International Sales and Purchases of Securities . 

XI Business Activity 

XII Labour Force Status of the Population 

XIII Consumer Price Index 

XIV Wholesale Prices 

XV Cash Income from the Sale of Farm Products . 

Total Farm Cash and Net Income from the Sale of 

XVI Construction of Dwelling Units 

Construction of Dwelling Units 
XVII Transportation: Steam Railways: Operating Statistics 
XVIII Exports and Imports: Indexes of Total Value, Unit Value 

Physical Volume 

XIX Merchandise Trade: Exports and Imports by Countries 
XX Merchandise Exports: Commodity Classification by Value 



Farm Products 



and 



Pages 



37-38 

37-38 
39-40 

41 

41 

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

51 

52 

53 - 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. 
Subscriptiok: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



MARCH 1953 



37 



iMARCH 1963 MARCH 1953 

I— BANK '^P CANADA 



38 

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 
LlabiUties Gold 
or 

Assets 


Silver 


Foreign'" 
Exchange 


Securities 


Advances 


All 

Other 

Accounts 






Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


AND Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 






Under 2 yra. 


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 


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 


- 


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 1 


- 


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 


1952 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


' 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


1952 


End of 

1952— Jan. 

Feb 


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 


End of 
Jan.— 1952 


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. 
May 
June 


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 


2,112.7 


- 


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 


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 
Aug. 
Sept. 


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 


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. 


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 


- 


67.6 


1,214.3 


957.3 


25.0 


12.4 


2,208.9 


- 


34.8 


Nov. 


Dec. 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 




77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


Dec. 


1953— Jan. 


213.4 


603.1 


816.5 


40.5 


47.6 


70.2 


1,266.2 


60.0 


2,300.9 




64.4 


1,351.2 


803.0 


25.0 


13.4 


2,192.6 


_ 


43.8 


Jan.— 1953 


Feb. 


191.5 


668.0 


859.5 


88.6 


51.4 


77.4 


1,281.3 


31.8 


2,390.1 


" 


72.1 


1,411.9 


817.5 


25.0 


14.2 


2,268.6 


~ 


49.5 


Feb. 



(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. 



Millions of Dollars 



II— CHARTERED BANKS 

Bank of Canada 



Millions of Dollars 



As at Dec. 31 
1926 
1929 
1933 
1937 
1947 
1949 
1950 
1951 
1952 
End of 
1952— Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1953— Jan. 
Feb. 



LIABILITIES 



Notes 



175 
175 
132 
102 
18 
14 



Deposits 



Demand 



609 

729 

502 

699 

2,296 

2,426 

2,770 

2,963 

3,242 

2,704 
2,824 
2,889 
2,851 
2,987 
2,885 
2,895 
3,026 
3,068 
3,106 
3,242 

2,974 
2,949 



Notice 



Govt, of 

Canada 

and Prov. 



1,373 
1,434 
1,357 
1,583 
3,740 
4,333 
4,558 
4,612 
4,924 

4,685 
4,748 
4,757 
4,769 
4,792 
4,836 
4,870 
4,901 
4,901 
4,916 
,4,924 

4,945 
5,008 



Canadian 
Deposits 



31 
92 
61 
53 
376 
367 
500 
322 
255 

372 
407 
340 
360 
341 
359 
311 
264 
351 
269 
255 

270 
352 



2,025 
2,270 
1,933 
2,387 
6,473 
7,348 
7,997 
8,088 
8,623 

7,918 
8,090 
8,115 
8,078 
8,273 
8,252 
8,241 
8,395 
8,529 
8,501 
8,623 

8,357 
8,471 



Foreign 



Total 
Deposit! 



334 

442 
322 
409 
824 
730 
735 
795 



758 
778 
806 
817 
848 
838 
847 
864 
835 



845 
876 



2,410 
2,820 
2,294 
2,819 
7,406 
8,177 
8,867 
9,003 
9,570 

8,799 
9,008 
9,062 
9,037 
9,261 
9,165 
9,160 
9,333 
9,445 
9,435 
9,570 

9,275 
9,437 



ASSETS 



Cash 
in (3) 
Canada 



228 
228 
196 
250 
720 
753 
810 
892 



792 
864 
881 
770 
798 
831 
812 
826 
863 
812 



817 



Securities 



Govt.of Prov- Foreign Q^^er Total 
Canada incial Govt. 



3,112 
3,079 
2,754 
2,784 

2,884 
2,939 
2,917 
2,968 
2,953 
3,029 
3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 



304 

297 

651 

1,111 

3,116 



445 
416 
355 
379 

330 
325 
310 
315 
306 
309 
326 
368 
380 
392 
379 

330 
322 



180 
151 
210 



59 
271 
242 
193 
200 
255 

233 
284 
291 
266 
256 
249 
244 
262 
233 
230 
255 

266 

250 



242 
487 
545 
599 
567 
537 

556 
547 
550 
552 
553 
548 
545 
545 
543 
545 
537 

522 
529 



484 
448 
861 
1,411 
3,874 
4,345 
4,286 
3,876 
3,955 

4,003 
4,095 
4,068 
4,100 
4,067 
4,135 
4,139 
4,202 
4,147 
4,006 
3,955 

3,981 
4,042 



Loans 



151 
262 
106 
76 
105 
133 
134 
107 
155 

95 

97 
140 
132 
138 
145 
147 
135 
130 
121 
155- 

135 
141 



970 
1,403 
898 
749 
1,921 
2,174 
2,651 
2,901 
3,188 

2,788 
2,797 
2,800 
2,845 
2,892 
2,928 
2,927 
2,979 
3,096 
3,243 
3,188 

3,178 
3,181 



85 
122 
138 
113 
78 
97 
125 
127 
101 

130 
152 
161 
167 
156 
125 
121 
114 
116 
108 
101 

115 
120 



273 
245 
90 
60 
56 
70 
100 
131 
170 

94 
85 
138 
156 
155 
167 
135 
110 
145 
156 
170 

158 
186 



270 
251 
138 
166 
234 
211 
247 
278 
264 

276 
280 
279 
287 
269 
268 
255 
265 
263 
273 
264 

266 
265 



Total 

Assets 



2,940 
3,521 
2,816 
3,281 
7,974 
8,718 
9,496 
9,610 
10,157 

9,409 
9,613 
9,672 
9,634 
9,847 
9,737 
9,728 
9,907 
10,042 
10,038 
10,157 

9,872 
10,034 



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 


192 


1,958 


9.S 


195 


1926 


191 


2,293 


8.3 


205 


1929 


189 


1,941 


9.8 


157 


1933 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


746 


7,178 


10.4 


1,087 


1949 


755 


7,487 


lO.I 


1,085 


1950 


791 


7,759 


10.2 


1,132 


1951 


845 


8,110 


10.4 


1,207 


1952 


839 


7,754 


10.8 


1,150 


Feb.— 1952 


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 


, une 


848 


8,208 


10.3 


■ 1,212 


.uly 


848 


8.200 


10.3 


1,222 


Aug. 


855 


8,183 


10.! 


1,231 


Sept. 


868 


8,393 


10.3 


1,246 


Oct. 


848 


8,443 


10.0 


1,255 


Nov. 


840 


8,314 


10.1 


1,282 


•Dec. 


906 


8,426 


10.8 


1,230 


Jan.— 1953 


889 


8,296 


10.7 


1,232 


Feb. 



(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. (3) Until March 1935; Gold and Cnin in r„narf» nomin ion Notes and "Free" Cntral Gold Reserve Deoosits- after that date. Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated month- 

)lL''^tll'^S-:fyZl'^^;i^JSL"'SSSlj:S''& aS^S ;n'lVnfdatSBferriJ\oXnfefda"rii"g T^^IS^"^^^' rti&Sy'^fJIo'^chiJ^eTeS ' b^an'^kto^e^^ctc^Sn.S^h^'Ta^S'tfnTal^r^TpTe'Sbef approximate figure only. (6) Notes issued for circulation outside Canada only commencing in 



39 



Millions of Dollars 



MARCH 1953 



MARCH 1953 



III— GENERAL PUBLIC HOLDINGS OF CERTAIN LIQUID ASSETS^t 

CURRENCY, BANK DEPOSITS AND GOVERNMENT OF CANADA SECURITIES 

Bank of Canada 



40 



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") 

Chartered 

Bank 

Notice 

Deposits 


Total 

Currency 

and 

Bank 
Deposits 

Total 
Related 


Related Bank Assets 






Currency 
Outside Banks 






Active Bank Deposits 


(1) 






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 


All 
Other 
(net) 

(7) 


Total 












Public 




Other 




Less 


Net 








Less Govt. 


Net 
Total 


Canadian 


Non-Govt. 








Notes 


Coin 


Total 


Demand 


Notice 


Govt, of 
Canada 


Total 


Float 


Total 


Deposits 




Deposits 




Bank 

Assets 


Total 


Deposits 

(4) 


Loans 
(t) 


Securities 


Total 


holdings 
(net) 






















































aa at Dec. 31 


1949 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


33$ 


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 


1952 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


1952 


End of 
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 


^7t 


3,852 


Feb.— 1952 


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 


_ 


29t 


3,889t 


Mar. 


Apr. 
May 


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. 


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 
July 


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 


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 


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. 


Nov. 


1,294 


89 


1,383 


3,106 


790 


403 


4,299 


618 


3,681 


65 


3,746 


5,129 


4,125 


9,254 


5,011 


92 


4,919 


3,471 


937 


4,408 


1 


74 


4,335 


Nov. 


Dec. 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


Dec. 


1953— Jan. 


1,266 


87 


1,353 


2,974 


805 


371 


4,150 


540 


3,610 


48 


3,658 


5,0U 


4,139 


9,150 


5,017 


108 


4,909 


3,428 


852 


4,280 


2 


40 


4,242 


Jan.— 1953 


Feb. 


1,281 


88 


1,369 


2,949 


816 


363 


4,128 


547 


3,581 


51 


3,632 


5,001 


4,192 


9,193 


5,169 


239 


4,930 


3,442 


851 


4,293 


2 


32 


4,263 


Feb. 



2. GOVERNMENT OF CANADA SECURITIES 



Outstanding") 



Direct Funded Debt 



Unmatured 



Special 
Banking 
Issues f") 



1,200 
1,500 
1,400 
1,400 

1,400 
1,400 
1,400 
1,400 
1,400 
1,500 
1,500 
1,500 
1,500 
1,400 
1,400 

1,375 
1,500 



Other 
market 
Issues 



12,755 
12,586 
12,225 
12,020 

12,173 
12,173 
12,173 
12,173 
12,173 
12,173 
12,172 
12,172 
12,172 
12,021 
12,020 

12,080 
12,080 



Non- 
market 
Debt"") 



1,227 
1,218 
1,194 
1,250 

1,162 
1,140 
1,102 
1,081 
1,061 
1,044 
1,029 
1,011 
1,032 
1,273 
1,250 

1,237 
1,225 



Total 



Matured 

and 

out- 
standing 



15,182 
15,304 
14,819 
14,670 

14,735 
14,713 
14,675 
14,654 
14,634 
14,717 
14,701 
14,683 
14,704 
14,694 
14,670 

14,692 
14,805 



53 
51 
21 
19 

23 
23 
22 
21 
21 
21 
20 
19 
19 
19 
19 

19 

18 



Total 



15,235 
15,355 
14,840 
14,689 

14 ,758 
14,736 
14,697 
14,675 
14,655 
14,738 
14,721 
14,702 
14,722 
14,713 
14,689 

14,710 
14,824 



Guar- 
anteed 

Un- 
matured 
Funded 
Debt 



Exchange 
rate ad- 
justment 
(11) 



548 
577 
529 
528 

529 
529 
529 
529 
529 
529 
528 
528 
528 
528 
528 

528 

528 



Total 

(including 
exchange 
rate adjust- 
ment) 



36 
2 
27 
43 

33 
39 
40 
40 
44 
46 
48 
48 
45 
41 
43 

43 
38 



15,819 
15,934 
15,342 
15,174 

15,254 
15,226 
15,186 
15,164 
15,140 
15,221 
15,201 
15,182 
15,205 
15,199 
15,174 

15,195 
15,314 



Distrib ution<"> 



Bank 

of 

Canada 



2,009 
1,942 
2,191 
2,227 

2,086 
2,062 
2,066 
2,028 
2,069 
2,124 
2,156 
2,135 
2,183 
2,172 
2,227 

2,154 
2,229 



Chartered Govern- 



Banks 



Accounts 



3,112 
3,079 
2,754 
2,784 

2,884 
2,939 
2,917 
2,968 
2,953 
3,029 
3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 



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

For a division of resident holdings between corporate and non-corporate 
holdings as at year ends see Statistical Summary September 19.52 Table 
Ill-B, pages 145-146. 

t Chartered banks' Newfoundland branches have been included since 
AprU 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' 
peisonaJ 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 III 

page 4. 

Provincial, Municipal>and "Other" securities. 



796 

847 

1,009 

1,101 

1,002 
1,005 
1,007 
1,013 
1,028 
1,040 
1,052 
1,071 
1,083 
1.096 
1,101 

1,101 
1,096 



General 
Public 



9,902 

10,066 

9,388 

9,062 

9,282 
9,220 
9,196 
9,155 
9,090 
9,028 
8,969 
8,948 
8,948 
9,092 
9,062 

9,077 
9,049 



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 

(H) 






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 

(U) 


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 


5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,055 


1952 


4,730 


3,926 


8,120 


1,162 


9,282 


17,938 


3,852 


14,086 


Feb.— 1952 


4,801 


3,978 


8,080 


1,140 


9,220 


17,999 


3,889t 


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. 


5,173 


4,129 


7,812 


1,250 


9,062 


18,364t 


4,310 


14,054t 


Dec. 


5,011 


4,139 


7,840 


1,237 


9,077 


18,227 


4,242 


13,985 


Jan.— 1953 


5,001 


4,192 


7,824 


1,225 


9,049 


18,242 


4,263 


13,979 


Feb. 



(7) Net of all related asset and liability items of the chartered banks and Bank 
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 
Summary, Sept. 1952, 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 = 
4.86J U.S. = 4.861 Cdn. to current rates of exchange. Official mid-rates of 
exchange have been uaed to September 30, 19S0 and market rates thereafter. 



(12) For detailed breakdown of distribution of Government of Canada debt £ 
at year-ends see Summary, Sept. 1<>52, 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. t Revised. 

Note: — Statistics for earlier years and further information with reapect to 
— ^ details of compilation are available from the Research Department, 
Bank of Canada, on reQueat. 



41 



MARCH 1953 



Millions of U.S. Dollars 



IV— OFFICIAL HOLDINGS OF GOLD AND U.S. DOLLARS 

Department of Finance 



(I) 



Jan. 



Feb. 



Mar. 



Apr. May June July Aug. Sept. 



Oct. 



Nov. 



Dec. 



1950 



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 

1,826.6 


569.9 
1,217.3 


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 


1,787.2 


1,741.5 



1951 



1952 



1953 



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 



Gold 

U.S. Dollars. 

Total 



888.5 
978.3 


892.9 
944.2 


905.8 
939.5 


















1,866.8 


1,837.1 


1,845.3 



















(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. 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. 



CHARTERED BANKS: CURRENT LOANS TO THE PUBLIC IN CANADA 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



3250 



3000 



2750 



2500 



2250 




3250 



3000 



2750 



2500 



2250 



' 



DEC 



JAN 



FEB 



MAR. 



APR 



JUNE 



AUG 



SEPT 



OCT 



NOV 



DEC. 



MARCH 1953 



42 



Cents per unit 



FOREIGN EXCHANGE RATES 

Bank of Canada 
OFFICIAL rates"' 



1939 - Sept. 16(2' 

1945 - Oct. 15(2) 

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



U. S. Dollar in Canada 



Buying 



110.00 
110.00 
100.00 
111.00 



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 














1950(^) 


110.25 


103.25 


108.92 


308.00 


289.25 


304.44 


1951 


107.31 


101.19 


105.28t 


300.50 


281.38 


294. 68t 


1952") 


101.13 


95.88 


97.89t 


281.25 


266.75 


273 .40t 


Monthly 














1952— 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 


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 


1953— Jan. 


97.38 


96.75 


97.05 


273.56 


272.38 


273.05 


Feb. 


98.44 


97.00 


97.73 


277.50 


273.44 


275.55 


Mar. 


98.63 


97.75 


98.33 


277.63 


275.31 


276.92 



(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) Noon averages for 1950 are based on official mid-rates for the first nine 

months and on market noon-rates thereafter. 
(5; 1952 averages have been based on five day week quotations, 
t Revised. 



UNITED STATES DOLLAR IN CANADIAN FUNDS" 

CANADIAN DOLLARS CANADIAN DOLLARS 




92 

ONDJFMAMJJASONDJFMAMJJASONDJFMAMJJASON 
IPSO 1951 1952 1953 

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



43 



MARCH 1963 



VI— 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 


1952 


3.59 


3.58 


3.22 


2.69 


Monthly 










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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 


Feb. 


3.65 


3.62 


3.44 


3.08 


Mar. 


3.65 


3.56 


3.43 


3.11 



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 


3.54 


4.23 


2.64 


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 


2.65 


3.61 


4.26 


2.66 


3.62 


4.12 


2.68 


3.59 


4.17 


2.70 


3.58 


4.11 


2.66 


3.58 


4.15 


2.68 


3.59 


4.16 


2.74 


3.60 


4.09 


2.77 


3.60 


3.97 


2.85 



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 


1.655 


1.076 


2.167 


1.796 


.890 


.946 


1.684 


.909 


.978 


1.643 


.943 


2.315 


1.784 


.979 


2.364 


1.650 


1.019 


2.384 


1.725 


1.076 


2.402 


1.763 


1.109 


2.466 


1.810 


1.102 


2.462 


1.903 


1.139 


2.486 


1.774 


1.187 


2.417 


1.836 


1.206 


2.383 


1.843 


1.349 


2.416 


2.138 


1.349 


2.398 


2.124 


1.473 


2.432 


1.993 


1.503 


2.232 


2.098 



(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. IS, 1963-68. It was not eligible for commercial banks before Dec. 1, 19S2. 



VII— GOVERNMENT BOND YIELDS 

Bank of Canada 



(1) 





1960 


1951 


1952 


1953 




June 30 Sept. 29pec. 30 


Mar.31 June30|Sept.28Dec 31 


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


Mar.31 


Government of Canada 



Internal Issues 
2% due Dec. 15, 1954"). 
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. 
2M%due Sept. 1, 1974.... 
4H% due July 1, 19570.. 



2.02 


2.06 


2.33 


2.69 


2.48 


2.50 


2.56 


2.61 


2.73 


3.02 


3.12 


2.35 


2.47 


2.76 


3.16 


3.07 


3.05 


3.22 


3.20 


3.28 


3.48 


3.44 


2.62 


2.65 


3.02 


3.19 


3.15 


3.13 


3.40 


3.46 


3.58 


3.74 


3.70 


2.78 


2.74 


3.02 


3.22 


3.24 


3.26 


3.49 


3.51 


3.54 


3.62 


3.59 


2.24 


2.15 


2.35 


2.91 


2.92 


2.66 


2.60 


2.73 


2.58 


2.45 


2.44 


2.70 


2.72 


2.70 


2.96 


3.02 


2.93 


3.06 


3.04 


2.93 


2.98 


3.03 


2.50 


2.52 


2.59 


2.95 


3.12 


2.86 


3.15 


2.70 


2.65 


2.61 


2.77 



3.15 
3.37 
3.62 
3.63 



2.51 
3.20 
3.05 



United States Government 



1^% due Mar. 15,1954... 

2H% due Mar. 15, 1956/58 

23^% due Dec. 15, 1963/68 

23^% due Dec. 15, 1967/72 



1.46 


1.57 


1.62 


2.01 


1.97 


1.96 


2.07 


1.78 


1.92 


2.03 


2.12 


1.62 


1.67 


1.80 


2.17 


2.14 


2.09 


2.19 


2.10 


2.16 


2.43 


2.38 


2.27 


2.30 


2.35 


2.53 


2.71 


2.60 


2.70 


2.67 


2.56 


2.75 


2.72 


2.42 


2.44 


2.45 


2.56 


2.69 


2.62 


2.75 


2.70 


2.C3 


2.77 


2.80 



2.10 
2.50 
2.89 
2.94 



United Kingdom Government 



2}4% due Feb. 

3% due Oct. 
2K% due May 

3% due Aug. 



15, 1955. .. 

15, 1955/59 

1, 1964/67 

15, 1966/76 



2.05 


1.88 


1.84 


1.79 


2.00 


1.75 


2.42 


3.12 


3.61 


2.96 


2.97 


2.42 


2.32 


2.25 


2.25 


2.50 


2.06 


3.05 


3.42 


3.47 


3.16 


3.08 


3.03 


2.88 


2.95 


3.15 


3.35 


3.35 


3.85 


4.09 


4.36 


4.00 


3.96 


3.43 


3.22 


3.26 


3.43 


3.68 


3.69 


4.15 


4.33 


4.66 


4.19 


4.22 



2.86 
2.98 
3.73 
4.03 



(1) Based on approximate market bid side. 



(2) New issue. 



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



MARCH 1953 



44 



Millions of Dollars 



VIII— CONSUMER CREDIT OUTSTANDING"' 

ESTIMATES OF SELECTED ITEMS 





Charge 
Accounts (2) 


Instalment Credit 


Cash 
Personal 
Loans o 


Total of 




Retail 
Dealers (3) 


Finance 
Companies (^) 


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 


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 


186t 


290t 


388 


l,080t 


1952 — Mar. 31 


353 


97 


176 


273 


385 


1,011 


June 30 


397 


136 


265 


401 


420 


1,218 


Sept. 30t 


411 


179 


334 


513 


437 


1,361 


Dec. 31 


450 


235 


385 


620 


460 


1,530 



(1) 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. 

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

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

(4) 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. 

(5) Includes estimated personal loans by chartered banks, small loan companies, licensed money lenders and credit unions. 
t Revised. 



I 



MILLIONS OF DOLLARS 

2100 



1800 



CONSUMER CREDIT OUTSTANDING 

ESTIMATES OF SELECTED ITEMS 
QUARTERLY 



(1) 



1500 



1200 



900 



















J 








TOTAL — 


7 






/ 




J 




^ 


/ 


^ 


/ 


s 


/ 































MILLIONS OF DOLLARS 

700 



DMJSDMJSDMJSOMJSDMJSO 
1949 1950 1951 1952 1953 




M J S 
1950 



M J S 
1953 



(1) See footnotes to table above. 



45 



MARCH 1953 



IX— CAPITAL EXPENDITURES ON NEW CONSTRUCTION, MACHINERY AND EQUIPMENT*""' 

Millions of Dollars 





Current Dollars 




1935-39 Constant Dollars 




New Construction 


Machinery 




Capital 
Expenditures 


New Construction 


Machinery 




Capital 
Expenditures 








and 


Total 


as a Percent 
of Gross 








and 


Total 














of Gross 




Housing 


Other 


Equipment 




National 
Product 




Housing 


Other 


Equipment 




National 
Product 


Calendar year 






















1926 


212 


334 


371 


917 


17.3 




197 


318 


350 


865 


19.0 


1929 


247 


651 


620 


1,518 


24.6 




214 


591 


598 


1,403 


26.3 


1933 


76 


156 


95 


327 


9.2 




84 


169 


102 


355 


9.4 


1937 


176 


348 


304 


828 


15.5 




169 


336 


297 


802 


15.4 


1946 


413 


661 


629 


1,703 


14.2 




250 


503 


503 


1,256 


13.9 


1947 


540 


884 


1,065 


2,489 


18.1 




295 


602 


758 


1,655 


18.1 


1948 


668 


1,209 


1,298 


3,175 


20.3 




318 


731 


818 


1,867 


19.8 


1949 


776 


1,348 


1,378 


3,502 


21.3 




347 


782 


821 


1,950 


20.1 


1950 


845 


.1,521 


1,449 


3,815 


20.9 




361 


835 


807 


2,003 


20.3 


1951 


821 


1,914 


1,842 


4,577 


21.3 




305 


943 


928 


2,176 


21.0 


1952* 


850 


2,307 


1,965 


5,122 


22.3 




306 


1,069 


981 


2,356 


21.3 


1953** 


981 


2,451 


1,989 


5,421 






346 


1,112 


978 


2,436 





Millions of Dollars 





Agriculture, 


Mining, 
Quarry- 
ing and 
Oil Wells 


(3) 










Finance 




Federal'" 


Provincial 






Fishing, 
Forestry 
and the 
Construc- 
tion 
Industry 


Heavy 
Manu- 
facturing 


Other 
Manu- 
facturing 


(4) 

Utilities 


Housing 


Trade 


and 
Com- 
mercial 
Services 


Institu- 
tions 


Govern- 
ment 

Depart- 
ments 


and 
Municipal 
Govern- 
ment 
Depart- 
ments 


Total 


Calendar year 


























1926 


118 


17 


85 


137 


174 


212 


24 


27 


38 


33 


53 


917 


1929 


169 


46 


132 


242 


344 


247 


68 


63 


54 


58 


94 


1,518 


1933 


29 


9 


15 


27 


55 


76 


10 


13 


15 


26 


53 


327 


1937 


95 


33 


74 


67 


141 


176 


28 


24 


22 


31 


138 


828 


1946 


229 


39 


186 


151 


251 


413 


83 


54 


74 


40 


184 


1,703 


1947 


358 


71 


300 


228 


410 


540 


119 


83 


89 


51 


240 


2,489 


1948 


438 


105 


352 


227 


566 


668 


162 


119 


145 


97 


296 


3,175 


1949 


500 


122 


321 


215 


679 


776 


193 


100 


190 


138 


268 


3,502 


1950 


578 


119 


297 


205 


720 


845 


234 


163 


208 


127 


319 


3,815 


1951 


639 


181 


555 


238 


900 


821 


235 


177 


236 


231 


364 


4,577 


1952* 


672 


211 


735 


207 


1,097 


850 


185 


132 


255 


392 


386 


5,122 


1953** 


633 


249 


704 


187 


1,143 


981 


295 


136 


305 


353 


435 


5,421 



Percent 





Agriculture, 


Mining, 
Quarry- 
ing and 
Oil Wells 


(3) 










Finance 




Federal"' 


Provincial 






Fishing, 
Forestry 
and the 


Heavy 
Manu- 


Other 
Manu- 


C4) 

Utilities 


Housing 


Trade 


and 
Com- 


Institu- 
tions 


Govern- 
ment 


and 

Municipal 

Govern- 


Total 




Construc- 
tion 
Industry 


facturing 


facturing 








mercial 
Services 


Depart- 
ments 


ment 
Depart- 
ments 




Calendar year 


























1926 


12.8 


1.8 


9.3 


14.9 


19.0 


23.1 


2.6 


2.9 


4.1 


3.6 


5.9 


100.0 


1929 


11.1 


3.0 


8.7 


15.9 


22.7 


16.3 


4.5 


4.2 • 


3.6 


3.8 


6.2 


100.0 


1933 


8.8 


2.7 


4.6 


8.2 


16.8 


23.2 


3.0 


4.0 


4.6 


7.9 


16.2 


100.0 


1937 


11.5 


4.0 


8.9 


8.1 


17.0 


21.2 


3.4 


2.9 


2.6 


3.7 


16.7 


100.0 


1946 


13.4 


2.3 


10.9 


8.9 


14.7 


24.3 


4.9 


3.2 


4.3 


2.3 


10.8 


100.0 


1947 


14.4 


2.8 


12.1 


9.2 


16.5 


21.7 


4.8 


3.3 


3.6 


2.0 


9.6 


100.0 


1948 


13.8 


3.3 


11.1 


7.2 


17.8 


21.0 


5.1 


3.7 


4.6 


3.1 


9.3 


100.0 


1949 


14.3 


3.5 


9.2 


6.1 


19.4 


22.2 


5.5 


2.9 


5.4 


3.9 


7.6 


100.0 


1950 


15.1 


3.1 


7.8 


5.4 


18.9 


22.1 


6.1 


4.3 


5.5 


3.3 


8.4 


100.0 


1951 


14.0 


4.0 


12.1 


5.2 


19.7 


17.9 


5.1 


3.9 


5.2 


5.0 


7.9 


100.0 


1952* 


13.1 


4.1 


14.4 


4.0 


21.4 


16.6 


3.6 


2.6 


5.0 


7.7 


7.5 


100.0 


1953** 


11.7 


4.6 


13.0 


3.5 


21.1 


18.1 


5.4 


2.5 


5.6 


6.5 


8.0 


100.0 



SOURCES: "Private and Public Investment in Canada 1926-1951", Depart- 
ment of Trade and Commerce, November 1951. 

"Private and Public Investment in Canada Outlooli 1952". 
Department of Trade and Commerce, March 1952. 

"Private and Public Investment in Canada Outlook 1953", 
Department of Trade and Commerce, February 1953. 

"National Accounts Income and Expenditure 1926-1950", 
Dominion Bureau of Statistics, November 1951. 
(1) Total capital expenditure shown is greater than the National Accounts' 
estimate of Gross Domestic Investment (ex. inventories) in that the 
latter excludes direct investment outlays of government departments and 
government investment outlays on government built non-rental housing, 
provincial hospitals and provincial and municipal scliools. These expendi- 
tures are treated as government expenditures on goods and services in the 



(2) 
(3) 



National Accounts. Reconciliation statements are provided in the sources 

listed above. 

Includes Newfoundland commencing in 1949. 

Includes investment of the following industries: Pulp and Paper Products; 

Iron and Steel; Transportation Equipment; Non-ferrous Metal Products; 

Electrical Apparatus and Supplies; Non-metallic Mineral Products; 

Products of Petroleum and Coal; Chemical Products; plus an estimate of 

capital items charged to operating expenses by these industries. 

Includes oil and gas pipe lines. 

Includes Federal Government defence projects and capital assistance to 

industries filling defence contracts. 

Preliminary actual. 

Intentions. 



MARCH 1953 



46 



CAPITAL EXPENDITURES ON 

NEW CONSTRUCTION, MACHINERY 

AND equipment"' 

(1935-39 DOLLARS) 

MILLIONS OF 1935-39 DOLLARS 

2500 

I I MACHINERY AND EQUIPMENT 

OTHER CONSTRUCTION 
^ HOUSING 

2000 



1500 



1000 



500 




INVESTMENT IN HEAVY 
MANUFACTURING INDUSTRIES"*'" 

(CURRENT DOLLARS) 

MILLIONS OF CURRENT DOLLARS 

150 



100 



PULP AND PAPER -, r' / /^^^ 


^r IRON AND STEEL -\ ^ I 


.-^ 


" ** ^ ^CHEMICAL 

^^^^^^ PRODUCTS 



50 



1946 1947 1948 1949 1950 1951 1952* 1953*' 



NON-FERROUS METAL PRODUCTS AND ^ 
ELECTRICAL APPARATUS AND SUPPLIES^ 



NON-METALLIC MINERAL PRODUCTS AND " 
PRODUCTS OF PETROLEUM AND COAL 




1926 29 



(1) Includes Newfoundland commencing in 1949. 
** Intentions. 



51 52 53 1946 1947 1948 1949 1950 

(2) Excluding capital items charged to operating expense. 



. TRANSPORTATION EQUIPMENT 
\ \ \ ^0 



150 



1951 1952 1953 

* Preliminary actual. 

,(1)(2) 



X— INTERNATIONAL SALES AND PURCHASES OF SECURITIES^ 

Millions of Dollars Compiled from "Sales and Purchases of Securities between Canada and Other Countries" , Dominion Bureau of Statistics 



Quarterly Totals 


Total 
Sales 


Total 
Pur- 
chases 


Net Sales 
or Net Pur- 
chases( — ) 


United States 


United Kingdom 


Other Countries 


Sales to 


Purchases 
from 


Sales to 


Purchases 
from 


Sales to 


Purchases 
from 


By Type of Security :- 

1951— IV Bonds 

Shares 

1952—1 Bonds 

Shares 


81.1 
104.2 

26.8 
123.1 

37.0 
109.8 

18.0 
86.9 

26.6 
79.3 


133.5 

77.5 

50.7 
91.2 

74.3 
86.5 

83.8 
71.0 

57.6 
70.5 


-52.4 
26.7 

-23.8 
32.0 

-37.2 
23.3 

-65.8 
15.9 

-31.0 
8.8 


72.8 
95.3 

23.7 
111.4 

30.8 
102.3 

14.6 
77.9 

20.0 
69.3 


130.3 
71.3 

48.5 
81.6 

70.6 
76.5 

82.7 
64.8 

53.9 
63.8 


4.5 
1.3 

1.6 
1.8 

4.7 
2.3 

2.6 
2.8 

5.3 

4.0 


2.7 
2.5 

1.2 
4.6 

3.5 

5.6 

.8 
2.6 

3.1 
3.9 


3.8 
7.6 

1.5 

10.0 

1.5 
5.2 

.8 
6.1 

1.3 
6.0 


.5 
3.7 

.9 
5.0 


II Bonds 

Shares 


.2 

4.4 


Ill Bonds 

Shares 


.3 
3.6 


IV Bonds 

Shares 


.6 

2.8 






By Nationality of Issuer and 

Type of Security:- 1952 — IV 

Canada: Bonds; Govt, of Canada 

direct and guaranteed . 

Other bonds . 


6.0 
19.1 
61.8 

.3 

17.2 

.5 

.2 

.2 
.1 

.5 


44.1 
11.0 
53.8 

2.1 
16.4 

.2 
.3 

.2 


-38.1 
8.1 
8.0 

-1.8 
.8 

.3 
-.1 

.2 
.1 

.3 


3.3 
15.8 
52.1 

.2 
17.2 

.2 
.5 


41.4 
10.1 
47.4 

2.1 
16.4 

.1 
.2 


2.4 
2.4 
3.8 

.5 
.2 


2.6 

.4 

3.6 

.1 
.3 


.3 

.9 

5.9 

.1 
.1 


.1 
.5 


Shares 


2.8 


United States: Bonds 

Shares 




United Kingdom: Bonds 




Shares 


_ 


Other Countries: Bonds 




Shares 


_ 


Unclassified: Bonds 








Total All Securities 


105.9 


128.1 


-22.2 


89.3 


117.7 


9.3 


7.0 


7.3 


3.4 







(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. 



47 



MARCH 1953 



XI— 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 

(6) 




Gold 


Nickel 


Steel 


print 
(1) 


Electric 






Store Sales 














Stations '2) 


Awarded <'> 




(4) 


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(6) 






















1926 


1,754 


33 


869 


2,068 


9,354 


110 


3,268 


* 


* 


• 


1929 


1,928 


55 


1,543 


2,984 


13,897 


129 


3,532 


* 


* 


* 


1933 


2,949 


42 


459 


2,282 


12,812 


24 


2,031 


242 


* 


* 


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 


46,086 


542 


3,906 


873 


168.0 


321.8 


1951 


4,393 


138 


3,567 


5,516 


51,916 


437 


4,183 


902 


180.2 


381.3 


1952 


4,472 


140 


3,722 


5,687 


55,568 


511 


4,160 


978 


184.7 


426.0 


12-mths. ending 






















Feb. 1953 


4,490** 


140 


3,772 


5,672 


56,071 


530 


4,111 


988 


185.6 


432.5 


Monthly 






















1952— Apr. 


363.1 


12.3 


316.6 


471.2 


4,475 


42.9 


325 


75.1 


177.9 


411.5 


May 


365.9 


12.3 


330.5 


496.0 


4,596 


42.6 


356 


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. 


372.2 


11.9 


289.1 


486.5 


4,457 


41.3 


354 


69.6 


188.8 


433.3 


Sept. 


383.2 


10.9 


288.0 


461.5 


4,571 


42.3 


362 


84.3 


190.6 


442.7 


Oct. 


403.1 


11.7 


307.9 


502.8 


4,927 


51.6 


392 


97.3 


192.6 


452.2 


Nov. 


388.3 


11.3 


308.6 


463.4 


4,805 


60.1 


350 


108.0 


192.3 


455.8 


Dec. 


391.3 


11.7 


319.7 


463.4 


5,048 


36.7 


334 


137.2 


192.2 


459.5 


1953— Jan. 


372.7 


12.5 


346.6 


473.6 


5,106t 


21.5 


315 


63.8 


187.0t 


428.7t 


Feb. 




10.6 


326.1 


439.2 


4,681 


35.2 


282 


61.5 


182.6 


439.7 



(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. Includes Newfoundland commencing February 1950. (4) Excludes 

Newfoundland. (5) 9 Leading industries. First of month figures. (6) Average of months in case of Employment and Payrolls Indexes. 

• Not available. ** 12 mths. ending Jan. 1953. f Revised. 



Thousands 



XII— LABOUR FORCE STATUS OF THE POPULATION"' 

Compiled from "The Labour Force", Dominion Bureau of Statistics 



Week ending 



1951 



Novembers 



1952 



March 1 



May 31 August 16 November 22 Decemberl3 



19531 



January 24 February 21 



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' 

other reasons 

Without Jobs and Seeking Work**) 

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*'' 

Without jobs 

At work 1-14 hours 

" " 15 - 34 hours 



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 



5,144 

4,558 

375 

84 

67 

* 

14 

* 

26 

11 

132 

5,276 
101 

5,377 
4,724 

198 

3,296 

670 

532 

28 

10,101 



5,013 

4,523 

249 

72 

74 

18 

* 

47 

15 

187 

5,200 
103 

5,303 
4,764 

190 

3,332 

675 

542 

25 

10,067 



5,015 

4,518 

258 

63 

72 

* 

21 

* 

52 

24 

179 

5,194 
104 

5,298 
4,786 

192 

3,335 

678 

555 

26 

10,084 



109 

100 



228 

212 

* 

12 



121 

107 

* 

10 



93 

86 



131 

114 

* 

12 



148 

132 

* 

11 



198 

187 



193 

179 

10 



t The figures for Jan. 24 (revised) and Feb. 21 arenot strictly comparable with earlier data becauseof small downward revisions in the population estimates based on the 
more detailed 1951 Census data now available. (1) DBS estimates based on data from a 1% sample (2% in urban areas each June) of households. The esti- 
mates arc therefore subject to sampling error which, in general, is relatively larger the smaller the estimate. (2) The number with jobs in agriculture was 
875, 825. 924, 1,007, 795. 782, 770 and 768 from Nov. 3, 1951 to Feb. 21, 1953 respectively. * Less than ten thousand. (3) Persons with definite instructions 
to return to work within 30 days of being laid 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 1-34 hours and were looking for work. 



MARCH 1953 



48 



Index 1949 = 100 



XIII— CONSUMER PRICE INDEX"' 

Compiled from "Price and Price Indexes", 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 


1952 


116.5 


116.8 


120.2 


111.8 


116.2 


116.0 


First of Month 














1951— 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 


1953— Jan. 


115,7 


113.5 


122.3 


109.7 


116.5 


116.7 


Feb. 


115.5 


112.7 


122.5 


109.6 


116.6 


116.7 


Mar. 


114.8 


111.6 


122.5 


109.7 


116.7 


115.2 



(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. 



XIV- 

CANADA 

Dominion Bureau of Statistics 



WHOLESALE PRICES 

U.S.A. 

Bureau of Labour Statistics 



U.K. 

Bd. Trade 







Farm Products"' 


Raw and 


Fully & 






Pro- 
cessed 
Foods 


All Other 

Com- 
modities 








Total 








Partly 


Chiefly 


Total 


Farm 


Total 


Total 




Index 








Manu- 


Manu- 


Index 


Products 


Index 


Index 






Fieldt 


Animal 


Total t 


factured 


factured 














/) 


>idex 1935 


-39 = 10 







/) 


idex 1947 


-49 = 10 





(2) 


(3) 


Aver, of Mths. 


























1926 


130.3 


158.5 


130.2 


144.4 


129.1 


133.0 


65.0 


** 


** 


71.5 


124.1 


124.8 


1929 


124.6 


137.2 


144.4 


140.8 


126.1 


123.7 


61.9 


58.6 


** 


65.5 


118.2 


115.0 


1933 


87.4 


69.3 


69.2 


69.3 


79.3 


93.3 


42.8 


28.7 


** 


50.9 


81.7 


86.3 


1937 


107.7 


128.9 


106.0 


117.4 


113.7 


104.4 


56.1 


48.3 


** 


61.0 


107.1 


109.5 


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 


200.4 


336.9 


268.6 


237.9 


242.4 


114.8 


113.4 


111.4 


115.9 


219.3 


321.8 


1952 


226.2 


216.9t 


277.4 


247.lt 


218.9 


230.9 


111.6 


107.1 


108.8 


113.2 


213.2 


329.9t 


Monthly 


























1952— Mar. 


230.8 


230.1 


283.3 


256.7 


225.5 


234.6 


112.3 


108.2 


109.2 


113.8 


214.5 


335.3 


Apr. 


226.9 


234.0 


273.7 


253.8 


221.3 


230.7 


111.8 


108.7 


108.0 


113.3 


213.5 


332.2 


May 


224.8 


240.0 


265.4 


252.7 


220.2 


228.1 


111.6 


107.9 


108.6 


113.0 


213.1 


329.9 


June 


226.5 


244.4 


271 A 


257.9 


220.6 


230.6 


111.3 


107.3 


108.7 


112.6 


212.6 


329.8 


July 


225.5 


230.2t 


275.3 


252. 8t 


218.5 


230.0 


111.8 


110.2 


110.0 


112.5 


213.5 


329.4 


Aug. 


223.9 


208.lt 


277.2 


242.7:: 


216.3 


228.8 


112.1 


109.9 


110.5 


112.9 


214.1 


327.1 


Sept. 


222.1 


194 .8t 


269.1 


231.9:: 


212.5 


228.0 


111.8 


106.6 


110.3 


113.2 


213.5 


324.8 


Oct. 


221.0 


192.7t 


263.0 


227. 8t 


209.9 


227.7 


111.2 


104.9 


108.5 


113.1 


212.4 


328.3 


Nov. 


221.9 


192.lt 


266.5 


229.3:: 


210.8 


228.8 


110.7 


103.6 


107.7 


112.8 


211.4 


326.7 


Dec. 


221.2 


189 .4t 


268.3 


228. 8t 


210.1 


228.1 


109.6 


99.6 


104.3 


112.9 


209.3 


329.9t 


1953— Jan. 


221.5 


186.4t 


266.4 


226.4t 


209.4 


229.0 


109.9 


99.8 


105.5 


112.9 


209.9 


331.5t 


Feb. 


220.9 


182.1 


263.1 


222.6 


207.9 


228.8 


109.6 


97.9 


105.1 


113.1 


209.3 


333.3 



(1) An independent series with different weigliting and different prices from those included in the "Total Index". Prices include subsidies. f 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 1926-29 and from base 1930=100 thereafter. ** Not available. J Revised. 



49 



MARCH 1953 



XV— CASH INCOME FROM THE SALE OF FARM PRODUCTS' 



Millions of Dollars Compiled from "Farm Cash Income", "Farm Net Income 


", Dominion Bureau of Statistics 








BY PRODUCTS 


BY REGIONS 


Total 
(incl. 








(2) 
















Total 






Participa- 




Dairy 






(1) 


Ontario 




certain 


Net 




Field 


tion & 


Livestock 


Products 


All 


Total 


Maritimes 


AND 


Western 


Govt. (3) 


IncomeU) 




Crops 


Equaliza- 
tion Payts. 




Poultry & 
Eggs 


Other 






Quebec 


Provinces 


Payments) 




Calendar Years 
























1926 


542 


- 


193 


187 


43 


966 


41 


348 


577 


966 


630 


1928 


603 


- 


210 


206 


50 


1,070 


41 


371 


657 


1,070 


664 


1929 


471 


- 


215 


203 


49 


938 


41 


367 


530 


938 


433 


1930 


261 


- 


158 


188 


41 


647 


39 


306 


302 


647 


340 


1931 


170 


- 


112 


163 


31 


476 


29 


246 


201 


476 


138 


1932 


180 


_ 


80 


127 


25 


412 


22 


191 


199 


412 


134 


1933 


184 


_ 


84 


128 


27 


423 


25 


194 


204 


423 


117 


1934 


224 


- 


112 


140 


31 


506 


28 


218 


260 


506 


211 


1935 


226 


- 


131 


146 


33 


536 


32 


233 


271 


536 


242 


1936 


247 


- 


149 


158 


37 


591 


35 


258 


298 


591 


241 


1937 


252 


_ 


186 


165 


39 


642 


39 


292 


312 


642 


317 


1938 


286 


- 


157 


172 


39 


653 


37 


293 


323 


653 


371 


1939 


332 


_ 


179 


166 


39 


716 


35 


309 


372 


718 


455 


1940 


291 


- 


226 


171 


46 


735 


38 


329 


368 


745 


486 


1941 


314 


- 


302 


219 


51 


885 


45 


415 


426 


915 


517 


1942 


347 


_ 


374 


314 


63 


1,099 


58 


530 


512 


1,154 


1,088 


1943 


516 


- 


445 


367 


79 


1,407 


71 


585 


752 


1,438 


878 


1944 


778 


47 


514 


400 


90 


1,829 


75 


628 


1,126 


1,847 


1,240 


1945 


644 


10 


526 


422 


93 


1,696 


79 


691 


926 


1,702 


972 


1946 


669 


39 


503 


431 


101 


1,742 


87 


738 


917 


1,759 


1,139 


1947 


766 


79 


496 


497 


127 


1,965 


90 


830 


1,045 


1,977 


1,206 


1948 


841 


180 


726 


578 


138 


2,463 


105 


1,021 


1,338 


2,484 


1,682 


1949 


844 


220 


755 


537 


130 


2,487 


99 


1,023 


1,365 


2,504 


1,641 


1950t 


708 


50 


820 


501 


133 


2,213 


103 


1,035 


1,075 


2,227 


1,452 


1951 1 


816 


313 


896 


624 


162 


2,812 


120 


1,217 


1,475 


2,822 


2,221 


1952* 


1,115 


223 


676 


602 


162 


2,778 


117 


1,101 


1,560 


2,783 


1,902** 



(1) Excludes Newfoundland. 

(2) Wheat participation and adjustment payments, oats and barley equilization payments and flax-seed adjustment payments. The wlieat participation and 
adjustment payments for the years 1944 to 1952 inclusive amounted to 47. 10, 39, 74, 158, 211, 8, 271 and 166 million dollars respectively. 

(3) Payments under the Wheat -Acreage Reduction Act, the Prairie Farm Assistance Act and the Prairie Farm Act. t Revised. * Preliminary. ** Rough estimate. 

(4) Net Income is Cash Income plus income in kind plus increase in inventories on the farm less farm operating costs. 



% MM. 

3000 



2000 



1000 



TOTAL FARM CASH AND NET INCOME FROM THE SALE OF FARM PRODUCTS 

TOTAL CASH & NET INCOME'^' calendar years CASH INCOME FIELD CROPS 



(1) 




°/o OF total cash income 

501 




CASH I NCOME = LIVESTOCK 



1939 40 41 42 43 44 45 46 47 48 49 50^ 51^ 52^ 
CASH INCOME: DAIRY PRODUCTS"' 




i MM 

1500 



1000 

600 


1200 



1939 40 41 42 43 44 45 46 47 48 49 50^ 5l''" 52^* 




1939 40 



(1) Excludes Newfoundland. (2) Includes wheat and coarse grain at the initial price, plus retroactive participation and equalization payments 
in the year in which payment takes place. (3) Includespoultry and eggs. t Revised. * Preliminary. ** Rough estimate. 



MARCH 1953 



50 



XVI 



CONSTRUCTION OF DWELLING UNITS ^" 

Dominion Bureau of Statistics 



Under 
Con- 
struction 
January 1 



Started 

during 

year 



Completed During Year 



One Family 
Detached 



Two Family 
Detached 



Apartment 
or Flat 



Other 



Total 



Adjust- (2> 
ments 



Under 
Con- 
struction 
Decembers 1 



1951 



Newfoundland 


1,950 


1,101 


926 


6 


7 


2 


941 


-108 


2,002 


P.E.I. 


291 


95 


288 


- 


- 


2 


290 


-2 


94 


Nova Scotia 


2,429 


1,466 


1,891 


- 


51 


- 


1,942 


23 


1,976 


New Brunswick 


897 


900 


1,119 


16 


8 


- 


1,143 


25 


679 


Quebec 


14,859 


21,193 


13,200 


6,822 


6,573 


91 


26,686 


-246 


9,120 


Ontario 


24,215 


27,349 


26,237 


318 


4,529 


648 


31,732 


-2,749 


17,083 


Manitoba 


2,093 


3,183 


3,548 


70 


179 


13 


3,810 


-84 


1,382 


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 


-573 


4,615 


British 




















Columbia 


5,846 


5,696 


5,932 


132 


615 


4 


6,633 


209 


5,068 


Canada 


59,443 


68,579 


60,366 


7,568 


12,540 


836 


81,310 


-^3,493 


43,219 



1952 



Newfoundland 


2,002 


1,579 


1,058 


60 


13 


_ 


1,131 


120 


2,570 


P.E.I. 


94 


72 


37 


4 


1 


- 


42 


1 


125 


Nova Scotia 


1,976 


1,163 


1,373 


2 


436 


- 


1,811 


411 


2,439 


New Brunswick 


679 


1,206 


1,047 


16 


168 


- 


1,231 


34 


688 


Quebec 


9,120 


26,355 


12,622 


4,560 


5,177 


48 


22,407 


533 


13,601 


Ontario 


17,083 


30,016 


22,948 


292 


4,173 


48 


27,461 


875 


20,513 


Manitoba 


1,382 


4,059 


2,852 


58 


229 


3 


3,142 


122 


2,421 


Saskatchewan 


1,200 


3,570 


2,618 


2 


10 


- 


2,630 


64 


2,204 


Alberta 


4,615 


7,415 


5,308 


180 


716 


- 


6,204 


51 


5,877 


British 




















Columbia 


5,068 


7,111 


6,104 


140 


784 


- 


7,028 


100 


5,251 


Canada 


43,219 


83,246 


55,967 


5,314 


11,707 


99 


73,087 


2,311 


55,689 



(1) Excluding dwelling units added by conversion of existing structures, which amounted to 3,500 and 3,215 in the years 1951 and 1952 respectively. 

(2) .<\djustments 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 1951 to eliminate duplication. 



CONSTRUCTION OF DWELLING UNITS 



THOUSANDS 

15 



NUMBER OF UNITS STARTED 



THOUSANDS 

15 




DJFMAMJJ 

NUMBER OF UNITS UNDER CONSTRUCTION 

THOUSANDS THOUSANDS 

75 




THOUSANDS 

15 



NUMBER OF UNITS COMPLETED 



THOUSANDS 

5 




DJFMAMJJASONO 

INDEX OF BUILDING COSTS" 

INDEX 1946 = 100 INDE X 194 8 = 100 

1451 I I \ ^145 




DJFMAMJJASONO DJFMAMJJ 

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



T^ ¥ w » rir w.'/^ J 



51 MARCH 1953 

XVII— TRANSPORTATION : STEAM RAILWAYS : OPERATING STATISTICS"' 

Compiled from "Steam Railways" , Dominion Bureau of Statistics 











REVENUE FREIGHT TRAFFIC 


PASSENGER TRAFFIC 








Single 

Track 

Mileage 










Employees 


and 
Wages 


Train 
Miles 


TONS(2) 

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 


1929 


188 


291 


41,380 


* 


115 


35,026 


* 


39 


2,897 


1933 


122 


158 


42,336 


* 


57 


21,093 


* 


19 


1,393 


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 


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 


1951 


204 


625 


42,956 


87 


184 


64,300 


46 


31 


3,110 





RAIL LINE EARNINGS 


Other(3) 
Earnings 


Gross 
Earnings 


Less 
Operating 
Expenses 


Net 




Freight 


Passenger 


Express | Other 


Total 


Revenue 








Millions of Dolla 


rs 








1926 


356 


88 


22 


12 


478 


16 


494 


390 


104 


1929 


385 


88 


23 


14 


510 


24 


534 


433 


101 


1933 


202 


35 


11 


10 


258 


12 


270 


233 


37 


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 


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 


1951 


876 


99 


42 


21 


1,039 


50 


1,089 


978 


111 



(1) Includes Newfoundland commencing in 1949. (2) Originated on Canadian Railways and received from foreign connections. 
from Telegraph and Telephone, Dining and Buffet, Storage, Water line, etc. * Not available. 



(3) Includes earnings 



XVIII— EXPORTS AND IMPORTS: INDEXES OF TOTAL VALUE, UNIT VALUE 

AND PHYSICAL VOLUME 



Index 1948 = 100 


Compiled from "Trade 


of Canada" , 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 


1952t 


139.9 


121.8 


114.9 


152.3 


111.1 


137.5 


109.6 


Quarterly Averagef 
1952— II 


144.1 


122.2 


117.9 


156.3 


111.2 


140.6 


109.9 


III 


137.1 


120.7 


113.6 


150.6 


107.2 


140.5 


112.6 


IV 


149.7 


120.0 


124.7 


163.7 


108.3 


151.2 


110.9 


Monthly Averagef 
1952— Jan. 


126.5 


125.5 


100.8 


139.6 


119.9 


116.4 


104.7 


Feb. 


121.1 


124.8 


97.0 


128.0 


117.6 


108.8 


106.1 


Mar. 


138.4 


124.3 


111.3 


148.0 


115.2 


128.5 


107.9 


Apr. 


135.9 


123.2 


110.3 


147.2 


113.2 


130.0 


108.8 


May 


149.3 


121.7 


122.7 


174.7 


110.8 


157.7 


109.8 


June 


147.0 


121.7 


120.8 


147.0 


109.5 


134.2 


111.1 


July 


144.5 


121.2 


119.2 


155.9 


108.0 


144.4 


112.2 


Aug. 


135.2 


120.7 


112.0 


137.5 


106.6 


129.0 


113.2 


Sept. 


131.5 


120.1 


109.5 


158.3 


106.9 


148.1 


112.3 


Oct. 


145.9 


120.5 


121.1 


170.8 


108.1 


158.0 


111.5 


Nov. 


151.1 


120.4 


125.5 


164.4 


108.2 


151.9 


111.3 


Dec. 


152.0 


119.1 


127.6 


155.8 


108.5 


143.6 


109.8 


1953— Jan. 


123.8 


119.5 


103.6 


150.3* 


108.6* 


138.4* 


110.0* 



(1) Index of export unit value divided by index of import unit value, t Revised. * Preliminary. 



MARCH 1953 



52 



Millions of Dollars 



XIX— EXPORTS AND IMPORTS BY COUNTRIES('> 

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

MERCHANDISE EXPORTS^^^ 





TOTAL EXPORTS (EXCLUDING GOLD) TO 


New Gold 






















Production 








U.K. 


Union 


Other 


Western 


Central 


All 


Total 


Available 




U.S.A. 


U.K. 


Dependen- 


OF 


Sterling 


Europe & 


AND 


Other 


All 


FOR 








cies 


South 

Africa 


Area 
(3) 


Colonies 
(4) 


South 
America 


(5) 


Countries 


Export 


Calendar Years 






















1926 


471 


318 


26 


9 


50 


283 


44 


76 


1,277 


30 


1929 


581 


226 


28 


13 


53 


142 


44 


92 


1,178 


37 


1933 


196 


188 


13 


6 


20 


72 


10 


30 


535 


82 


1937 


394 


386 


24 


17 


58 


94 


25 


49 


1,045 


145 


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 


628 


74 


53 


140 


363 


213 


150 


3,960 


150 


1952 


2,342 


751 


79 


38 


174 


471 


279 


212 


4,344 


150 


12 Mths. end'g 






















Feb. 1953 


2,345 


745 


74 


34 


168 


451 


255 


217 


4,289 


156 


Monthly 






















1952-Feb. 


175.8 


44.7 


8.3 


4.1 


15.7 


32.0 


27.7 


12.1 


320.5 


13.2 


Mar. 


190.0 


70.4 


8.6 


4.5 


19.7 


28.2 


24.1 


14.3 


359.8 


15.0 


Apr. 


182.8 


71.0 


6.5 


3.5 


15.3 


23.6 


26.6 


13.0 


342.4 


11.2 


May 


194.2 


98.1 


8.8 


4.3 


15.5 


40.6 


23.2 


12.2 


396.9 


8.5 


June 


197.0 


83.5 


6.8 


2.9 


14.0 


45.4 


21.1 


16.2 


386.9 


14.6 


July 


189.2 


68.8 


6.6 


1.8 


18.1 


46.7 


21.2 


20.8 


373.1 


14.9 


Aug. 


180.7 


64.5 


4.8 


2.2 


12.0 


47.2 


14.1 


13.8 


339.3 


9.6 


Sept. 


197.2 


42.3 


5.1 


3.6 


10.6 


46.1 


20.9 


20.4 


346.2 


12.8 


Oct. 


208.6 


56.7 


5.4 


2.3 


9.8 


47.9 


25.9 


18.6 


375.2 


10.1 


Nov. 


214.8 


60.9 


5.9 


2.3 


15.9 


47.7 


25.2 


32.1 


404.7 


13.6 


Dec. 


220.5 


44.3 


4.6 


2.2 


12.8 


36.3 


20.3 


26.8 


367.9 


13.5 


1953-Jan. 


192.4 


49.3 


6.3 


1.9 


13.1 


21.0 


17.4 


17.8 


319.1 


16.0 


Feb. 


177.3 


35.3 


4.3 


1.9 


12.5 


20.3 


14.8 


10.8 


277.2 


16.1 



Millions of Dollars 






MERCHANDISE IMPORTS 




























Excess of 








TOTAL IMPORTS (EXCLUDING GOLD) FROM 






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 






















1926 


669 


165 


26 


1 


21 


71 


33 


23 


1,008 


268 


1929 


894 


195 


28 


1 


31 


90 


33 


28 


1,299 


-121 


1933 


217 


98 


16 


5 


13 


32 


10 


10 


401 


134 


1937 


491 


147 


43 


8 


36 


43 


21 


20 


809 


237 


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 


1952 


2,977 


357 


106 


4 


75 


157 


285 


66 


4,027 


318 


12 Mths. end'g 






















Jan. 1953 


2,998 


363 


102 


4 


74 


155 


284 


68 


4,048 


285 


Monthly 






















1952-Feb. 


211.8 


21.3 


8.9 


.3 


7.7 


9.7 


18.7 


3.7 


282.0 


38.5 


Mar. 


253.5 


22.6 


6.5 


.4 


3.8 


12.5 


24.3 


3.3 


327.0 


32.8 


Apr. 


245.6 


28.4 


6.7 


.3 


6.1 


11.0 


21.6 


4.3 


323.9 


18.5 


May 


282.9 


32.1 


11.1 


.4 


8.8 


15.3 


27.3 


7.1 


384.9 


12.0 


June 


235.3 


31.3 


11.4 


.3 


5.1 


12.5 


23.2 


4.9 


324.0 


62.9 


July 


246.6 


33.9 


10.8 


.3 


5.7 


11.8 


27.7 


6.2 


343.0 


30.1 


Aug. 


212.8 


31.9 


8.8 


.6 


4.9 


12.4 


24.3 


6.7 


302.4 


36.9 


Sept. 


255.1 


31.4 


11.4 


.3 


7.8 


14.2 


21.9 


6.9 


349.0 


-2.8 


Oct. 


275.2 


36.6 


8.5 


.4 


7.8 


15.5 


26.7 


5.1 


375.9 


-.7 


Nov. 


264.2 


35.1 


8.0 


.3 


7.7 


17.3 


24.6 


6.1 


363.3 


41.4 


Dec. 


265.2 


27.8 


6.1 


.3 


3.7 


13.0 


22.6 


6.2 


344.9 


23.6 


1953-Jan. 


249.3 


30.4 


3.8 


.3 


5.3 


10.3 


21.3 


7.0 


327.7 


-8.6 


Feb.") 


244.6 


26.8 














315.2 


-38.0 



(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, 1951 and 1952 amounted to 56.8, 
109.1 and 51.9 million dollars respectively. 

(3) Consists of Eire, India, Paltistan, 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 1947 to 1949 
inclusive. In 1947 articles admitted free under Order in Council (9213) and 
the item "Canadian Goods Returned" (9195) are excluded. 
Preliminary 



53 



MARCH 1953 MARCH 1953 

XX— MERCHANDISE EXPORTS: COMMODITY CLASSIFICATION 

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



54 



Millions of Dollars 














































Millions of Dollars 




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 

Parm(!) 

(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 
1926 


21 


435 


10 


37 


13 


23 


9 


25 


16 


1 


9 


25 


11 


25 


19 


10 


62 


14 


52 


114 


7 


27 


25 


26 


Calendar Yea'rs 
1926 


1929 


18 


302 


5 


26 


14 


7 


9 


19 


10 


- 


4 


24 


12 


24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1929 


1933 


17 


142 


2 


12 


4 


8 


3 


8 


3 


- 


1 


12 


7 


13 


12 


4 


17 


5 


23 


69 


3 


10 


9 


8 


1933 


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 


1947 


32 


446 


12 


55 


15 


62 


41 


14 


16 


37 


17 


44 


38 


44 


29 


24 


208 


35 


178 


342 


31 


69 


23 


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 


1952 


21 


726 


,68 


199 


4 


3 


46 


1 


15 


5 


33 


54 


53 


60 


24 


31 


296 


65 


292 


592 


30 


61 


57 


18 


1952 


12-Mths. ending 
Jan. 1953 


20 


730 


68 


199 


3 


2 


47 


1 


15 


6 


32 


54 


52 


59 


24 


33 


296 


63 


278 


597 


29 


60 


58 


16 


12-Mth9. ending 
Jan. 1953 


Monthly 
1951 — 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 


Monthly 
Oct.-1951 


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 


19.lt 


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. 


Nov. 


2.7 


80.1 


4.6 


25.7 


- 


.3 


6.9 


.2 


1.6 


.4 


5.4 


4.1 


5.3 


5.2 


.4 


2.9 


28.9 


4.9 


20.9 


57.1 


2.1 


6.4 


7.2 


.5 


Nov. 


Dec. 


1.7 


56.1 


11.9 


33.3 


- 


.3 


3.3 


.1 


1.6 


.9 


6.6 


4.2 


3.0 


5.7 


5.8 


3.6 


20.1 


4.0 


21.0 


49.0 


1.7 


7.6 


7.4 


.9 


Dec. 


1953— Jan. 


1.5 


43.5 


2.1 


7.4 


- 


.2 


3.2 


.1 


1.0 


.9 


3.7 


4.5 


3.8 


4.5 


3.2 


2.0 


19.8 


3.6 


20.0 


52.4 


1.8 


3.5 


5.0 


.9 


Jan.-1953 







Other 










































New Gold 










Fibres 


Farm 


Machinery 


Autos, 


Other 


Other 




Aluminum 


Copper 


Lead 


Nickel 


Precious 


Zinc 


Other 




Other 




Other 


Ships 


Aircraft 


AU 


Production 


Total 






Artificial 


& Textiles 


Imple- 


Cexcl. 


Trucks 


Vehicles 


Iron and 


Electrical 


and 


and 


and 


and 


Metals 


and 


Non- 


Asbestos 


Non- 


Fertilizers 


Chemicals 


and 


and 


Other 


Available 


Exports 

(Including 

gold) 






Silk 


(exd. raw 
wool) 


ments & 
Machinery 


agriculture) 


& Parts 


& Parts 


Steel 


Apparatus 


Products 


Products 


Products 


Products 


(ex. gold) 


Products 


ferrous 
Metals 




metallic 
Minerals 




& Products 


Vessels 


Parts 


Exports 


for Export 
(3) 




Calendar Years 


















































Calendar Years 


1926 


- 


6 


17 


4 


38 


- • 


16 


2 


7 


15 


14 


12 


14 


9 


2 


11 


16 


5 


12 


- 


- 


45 


30 


1,292 


1926 


1929 


- 


8 


20 


7 


47 


- 


16 


3 


15 


37 


11 


26 


12 


9 


5 


13 


17 


7 


14 


1 


- 


33 


37 


1,190 


1929 


1933 


- 


5 


1 


3 


10 


- 


8 


2 


6 


17 


5 


23 


7 


5 


2 


5 


8 


3 


10 


- 


- 


15 


82 


611 


1933 


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 


1947 


12 


35 


42 


41 


92 


15 


84 


19 


64 


59 


31 


60 


23 


30 


17 


33 


42 


34 


49 


26 


6 


94 


99 


2,8S8 


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 


1952 


3 


21 


105 


47 


111 


4 


139 


34 


162 


119 


50 


151 


47 


97 


46 


88 


56 


42 


82 


12 


38 


79 


150 


4,440 


1952 


12-Mth9. ending 


















































I2-Mth3. ending 


Jan. 1953 


3 


20 


102 


47 


100 


4 


138 


37 


167 


122 


50 


155 


47 


97 


47 


88 


56 


43 


83 


13 


38 


79 


153 


4,431 


Jan. 1953 


Monthly 


















































Monthly 


1951— 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.-1951 


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 


7.5t 


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 


340.41 




Jan.-1952 


Feb. 


.2 


2.2 


10.7 


3.9 


18.3 


.2 


9.5 


2.1 


9.5 


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 


330.1 




Feb. 


Mar. 


.2 


2.9 


12.1 


4.7 


13.2 


.6 


10.9 


4.3 


10.7 


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 


370.1 




Mar. 


^?'- 


.3 


2.9 


10.8 


4.8 


8.4 


.4 


8.1 


3.4 


15.4- 


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 


349.7 




^i""- 


May 


.2 


2.1 


11.5 


3.4 


8.1 


.4 


10.4 


3.3 


18.9 


12.4 


4.1 


15.1 


4 8 


7.7 


5.9 


8.7 


7.3 


3.5 


7.4 


1.1 


4.7 


7.2 


8.5 


401.0 




May 


June 


.2 


2.3 


9.7 


3.4 


7.1 


.5 


9.9 


2.1 


18.9 


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 


397.5 




June 


July 


.5 


1.4 


6.6 


4.6 


4.1 


.3 


11.0 


2.1 


10.1- 


9.9 


5.2 


13.8 


5.1 


8^2 


2.9 


6.7 


5.1 


3.4t 


5.3t 


3.3 


4.5 


6.0 


14.9 


383.3 




July 


Aug. 


.2 


.7 


5.8 


2.7 


2.8 


.2 


12.9 


1.8 


15.5- 


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 


343.7 




Aug. 


Sept. 


.4 


1.0 


5.6 


3.9 


8.2 


.4 


12.0 


3.0 


14.4' 


11.5 


4.5 


12.5 


3.0 


5^8 


4.7 


7.7 


4.5 


3.6 


6.5 


.1 


2.4 


7.2 


12.8 


353.6 




Sept. 


Oct. 


.2 


1.1 


6.7 


3.9 


9.9 


.2 


13.1 


2.7 


15.1- 


10.9 


4.7 


10.9 


3.6 


7^4 


4.1 


7.1 


4.1 


3.8 


6.4 


1.4 


2.2 


7.0 


10.1 


379.9t 


Oct. 


Nov. 


.1 


1.1 


6.2 


4.4 


8.0 


.3 


15.7 


3.3 


13.2 


11.0 


4.6 


13.1 


3.4 


6^5 


3 4 


6.6 


4.3 


3.3 


7.0 


1.1 


2.4 


7.6 


13.6 


413.8 


Nov. 


Dec. 


.2 


1.2 


6.5 


4.2 


4.7 


.4 


13.4 


4.2 


12.9 


6.9 


2.5 


9.5 


3.5 


5!5 


4^9 


9.4 


4.7 


3.5 


6.1 


.1 


2.0 


7.2 


13.5 


376.9 


Dec. 


1953— Jan. 


.3 


1.0 


9.4 


2.7 


6.7 


.4 


11.6 


4.4 


12.6 


10.8 


4.5 


14.4 


4.3 


8.4 


3.4 


6.2 


4.1 


3.8 


7.9 


2.0 


1.8 


5.8 


16.0 


331.1 


Jan.-1953 



lfi7n iftsn ivnn 17, n ,m?°'in/n''7'n«''^'?n"-)nll"?ni2**^,'?„".^' '"'^Ii'sive. figures are based on Board of Grain Commissioners' data ratlier than Customs' clearance; 
670. 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, 
(see lootnote (1) to lable lA, page loj. -f Revised. 



(21 M,j. t ■..„o ir.t.H in "Trartp of Canada" under code numbers 180, 610, 690, 710, 790, 1170. 1500-1590, 1610, 1620, 1630. 1640, 1645, 1650, 1660, 

28«.S!2?6o!31M"lli7 71) Previously described a^^^ 



TATISTICAL SUMMARY 

BANK OF CANADA 



Tables Charts , o \^t'^ Pages 

^M ^^ 
I Bank of Canada: 

Liabilities and Assets 55-56 

II Chartered Banks: 

Liabilities and Assets 55-56 

III General Public Holdings of Certain Liquid Assets 57-58 

Chartered Banks: Agricultural, Industrial and Commercial Loans . 59 

IV Government Bond Yields and Treasury Bill Rates 59 

V Chartered Banks: 

Estimated Quarterly Classification of Loans in Canada 60 

VI Bond Issues and Retirements 61 

VII Foreign Exchange Rates ,..-*S3*\- 62 

United States Dollar in Canadian Funds . . . i/u* "• i.,"* 1 62 

VIII Official Holdings OF Gold AND U.S. Dollars . . . iy ^^^.' Jv 62 

IX Canadian Gold Statistics \>»> -"^ ■^^^ ■ 63 

X Business Activity V fttli'*''^ 63 

Selected Indexes of Industrial Production 64 

XI Labour Force Status of the Population 64 

XII Employment and Payrolls 65 

XIII Average Hourly Earnings in Certain Industries 66 

Average Hourly Earnings in Certain Industries 66 

XIV Consumer Price Index 67 

Steer Prices: Canada and U.S.A 67 

XV Wholesale Prices 68 

XVI Exports and Imports: Indexes of Total Value, Unit Value and 

Physical Volume 68 

XVII U.K. Statistics: 

Reserves, Production, Trade, Prices and Finance 69 

XVIII Merchandise Trade: Exports and Imports BY Countries .... 70 

XIX Merchandise Exports: Commodity Classification by Volume ... 71 

XX Merchandise Imports: Commodity Classification by Volume ... 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 1953 



55 
















APRIL 1953 


APRIL 1953 


















56 




















I— BANK 


OF CANADA 
















Millions of Dollars 


































Millions of Dollars 




LIABILITIES 


ASSETS 






Chartered Banlc 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.ofC. 


Total 


Govt, op Canada 

AND PROVINCfAL 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 






Under 2 yra. 


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.] 


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 


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 




211.8 


641.7 


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 


1952 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


' 


' 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


1952 


End of 

1952— Jan. 

Feb. 


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 


End of 
Jan.— 1952 


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 


2,112.7 


- 


37.4 


Apr. 


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 


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 


- 


- 


67.6 


1,214.3 


957.3 


25.0 


12.4 


2,208.9 


- 


34.8 


Nov. 


Dec. 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


- 


- 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


Dec. 


1953— Jan. 


213.4 


603.1 


816.5 


' 40.5 


47.6 


70.2 


1,266.2 


60.0 


2,300.9 


_ 


_ 


64.4 


1,351.2 


803.0 


25.0 


13.4 


2,192.6 


_ 


43.8 


Jan.— 1953 


Feb. 


191.5 


668.0 


859.5 


88.6 


51.4 


77.4 


1,281.3 


31.8 


2,390.1 


- 


- 


72.1 


1,411.9 


817.5 


25.0 


14.2 


2,268.6 


- 


49.5 


Feb. 


Mar. 


232.3 


601.1 


833.4 


60.6 


66.5 


71.0 


1,261.1 


34.1 


2,326.7 


~ 


" 


65.7 


1,371.0 


810.9 


25.0 


14.5 


2,221.3 


~ 


39.8 


Mar. 



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



II- 



MilHons of Dollars 



-CHARTE RED BANKS 

Bank of Canada 





LIABILITIES 


ASSETS 




Notes 


Deposits 


Cash 

in (3) 
Canada 


Securities 


Loans 


Total 
Assets 




Demand 


Notice 


Govt, of 

Canada 

and Prov. 


Canadian 

Deposits 

(1) 


Foreign 


Total 
Deposits 

(2) 


Govt, of 
Canada 


Prov- 
incial 


Foreign 
Govt. 


Other 


Total 


CANADA 


ABROAD 




Call 


Current 
Public 


Current 
Other 


CaU 


Current 


As at Dec. 31 








































1926 


175 


609 


1,373 


31 


2,025 


334 


2,410 


228 


3C 


)4 


180 


484 


151 


970 


85 


273 


270 


2,940 


1929 


175 


729 


1,434 


92 


2,270 


442 


2,820 


228 


2! 


)7 


151 


448 


262 


1,403 


122 


245 


251 


3,521 


1933 


132 


502 


1,357 


61 


1,933 


322 


2,294 


196 


6 


51 


210 


861 


106 


898 


138 


90 


138 


2,816 


1937 


102 


699 


1,583 


53 


2,387 


409 


2,819 


250 


1,1 


11 


59 


242 


1,411 


76 


749 


113 


60 


166 


3,281 


1947 


18 


2,296 


3,740 


376 


6,473 


824 


7,406 


720 


3,1 


16 


271 


487 


3,874 


105 


1,921 


78 


56 


234 


7,974 


1949 


14 


2,426 


4,333 


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 


1952 


~ 


3,242 


4,924 


255 


8,623 


865 


9,570 


899 


2,784 


379 


255 


537 


1 3,955 


155 


3,188 


101 


170 


264 


10,157 


1952— Mar. 


- 


2,824 


4,748 


407 


8,090 


778 


9,008 


864 


2,939 


325 


284 


547 


1 4,095 


97 


2,797 


152 


85 


280 


9,613 


A^- 


~ 


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 
July 


" 


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 


~ 


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 


Sept. 
Oct. 
Nov. 
Dec. 


- 


3,026 


4,901 


264 


8,395 


864 


9,333 


826 


3,028 


368 


262 


545 


4,202 


135 


2,979 


114 


110 


265 


9,907 


~ 




4,901 


351 


8,529 


835 


9,445 


863 


2,991 


380 


233 


543 


4,147 


130 


3,096 


116 


145 


263 


10,042 


~ 


3,106 


4,916 


269 


8,501 


865 


9,435 


812 


2,839 


392 


230 


545 


4,006 


121 


3,243 


108 


156 


273 


10,038 








255 


8,623 


865 


9,570 


899 


2,784 


379 


255 


537 


3,955 


155 


3,188 


101 


170 


264 


10,157 


1953— Jan. 
Feb. 

Mar. 


~ 


2,974 


4,945 


270 


8,357 


845 


9,275 


8l7 


2,863 


330 


266 


522 


3,981 


135 


3,178 


115 


158 


266 


9,872 


~ 


2,936 


5,008 


352 


8,471 


876 


9,437 


860 


2,940 


322 


250 


529 


4,042 


141 


3,181 


120 


186 


265 


10,034 






455 


8,618 


886 


9,586 


833 


3,024 


308 


236 


514 


4,082 


140 


3,262 


132 


147 


274 


10,182 


(1) Estimated m 
end Canadian do 
January 1950; lia 


Dnth-end dt'r 
)osits in mt 
bility for ou 


osits payab 
-35 and mor 
tstanding no 


e in Canadie 
thiy average 
tes issued for 


n curnncy. 
deposits in 
circulation 


(2) Incll 
936 and aftc 
n Canada tn 


d<;s inter-ba 
r. (5) B 
tnsferred to 


nk deposits. 
mk of Canac 
Sank of Can, 


(3) Unti 
a notes in p 
Ida during J 


Marcli 103 
dblic circulat 
muary 1950. 


5. Cold and 
ion and unti 


Coin in Car 
January 19 


ada, Domin 
SO chartered 

1 


ion Notes an 
bank note c 

1 


d ■•Free" Cer 
irculation, til 


tral Gold Re 
e latter bein 


serve Deposits; after that date, Bank of Canada No 
g, after September 1944, an approximate figure only 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 


Canadian 


Note ,5) 




(4) 


Deposits 


Circulation 












Aver, of Daily Figurea 


192 


1,958 


9.8 


195 


1926 


191 


2,293 • 


8.3 


205 


1929 


189 


1,941 


9.S 


157 


1933 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


746 


7,178 


10.4 


1,087 


1949 


755 


7,487 


10.1 


1,085 


1950 


791 


7,759 


10.2 


1,132 


1951 


845 


8,110 


10.4 


1,207 


1952 


846 


7,851 


10.8 


1,169 


Mar.^1952 


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 


I0.S 


1,231 


Sept. 


868 


8,393 


10.3 


1,246 


Oct. 


848 


8,443 


10.0 


1,255 


Nov. 


840 


8,314 


lO.l 


1,282 


Dec. 


906 


8,426 


10.8 


1,230 


Jan.— 1953 


889 


8,296 


10.7 


1,232 


Feb. 


883 


8,407 


lO.S 


1,245 


Mar. 



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

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



57 



Millions of Dollars 



APRIL 1953 I APRIL 1953 

III— GENERAL PUBLIC HOLDINGS' OF CERTAIN LIQUID ASSETS** 
Currency, Bank Deposits and I Government of Canada Securities 

Bank of ' Canada 



58 



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"' 

Chartered 

Bank 

Notice 

Deposits 


Total 

Currency 

and 

Bank 

Deposits 

Total 
Related 


Related Bank Assets 






Currency 
Outside Banks 


Active Bank Deposits'" 


Total 

Currency 

and 

Active 

Bank 


Government of Canada debt 

held by Bank of Canada 

and Chartered Banks 


Other Related Bank Assets 


(1) 








Chartered Banks 


Bank of 
Canada 
"Other" 


Total 


, Chartered Bank Can. Loans 
and non-Govt. Securities 


Bk. of Can. 
Gold and 
Exchange 


All 
Other 
{net) 

(7) 


Total 












Public 




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 


Loans 

(S) 


Securities 
<«) 


Total 


holdings 
(net) 






as at Dec. 31 
















































as at Dec. 31 


1949 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


33S 


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 


1952 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


1952 


1952— Mar. 


1,186 


84 


1,270 


2,824 


770 


422 


4,016 


;si 


3,465 


66 


3,531 


4,801 


3,978 


8,779 


5,001 


111 


4,890 


3,047 


872 


3,918 


_ 


29 


3,889 


Mar.-1952 


Apr. 


1,177 


83 


1,260 


2,889 


768 


418 


4,075 


928 


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 


S18 


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. 


Nov. 


1,294 


89 


1,383 


3,106 


790 


403 


4,299 


618 


3,681 


65 


3,746 


5,129 


4,125 


9,254 


5,011 


92 


4,919 


3,471 


937 


4,408 


1 


74 


4,335 


Nov. 


Dec. 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


Dec. 


1953— Jan. 


1,266 


87 


1,353 


2,974 


805 


371 


4,150 


540 


3,610 


48 


3,658 


5,011 


4,139 


9,150 


5,017 


108 


4,909 


3,428 


852 


4,280 


2 


40 


4,242 


Jan. -1953 


Feb. 


1,281 


88 


1,369 


2,949 


816 


363 


4,128 


547 


3,581 


51 


3,632 


5,001 


4,192 


9,193 


5,169 


239 


4,930 


3,442 


851 


4,293 


2 


32 


4,263 


Feb. 


Mar. 


1,261 


88 


1,349 


2,936 


824 


450 


4,210 


585 


3,625 


67 


3,692 


5,041 


4,242 


9,283 


5,205 


225 


4,980 


3,534 


822 


4,356 


2 


55 


4,303 


Mar. 



2. GOVERNMENT OF CANADA SECURITIES 



Outstanding <•' 



Direct Funded Debt 



Unmatured 



Special 
Banking 
Issues'"' 



1,200 
1,500 
1,400 
1,400 

1,400 
1,400 
1,400 
1,400 
1,500 
1,500 
1,500 
1,500 
1,400 
1,400 

1,375 

1,500 
1,550 



Other 
market 
Issues 



12,755 
12,586 
12,225 
12,020 

12,173 
12,173 
12,173 
12,173 
12,173 
12,172 
12,172 
12,172 
12,021 
12,020 

12,080 
12,080 
12,055 



Non- 
market 
Debt'") 



1,227 
1,218 
1,194 
1,250 

1,140 
1,102 
1,081 
1,061 
1,044 
1,029 
1,011 
1,032 
1,273 
1,250 

1,237 
1,225 
1,206 



Total 



15,182 
15,304 
14,819 
14,670 

14,713 
14,675 
14,654 
14,634 
14,717 
14,701 
14,683 
14,704 
14,694 
14,670 

14,692 
14,805 
14,811 



Matured 

and 

out- 
standing 



53 
51 
21 
19 

23 
22 
21 
21 
21 
20 
19 
19 
19 
19 

19 
18 
20 



'^ The term General Public refers to holdings of non-residents as well as 
residents; for an approximate division between resident and non-resident 
holdmgs on a quarterly basis see Table III. page 23. 

For a division of resident holdings between corporate and non-corporate 
holdings as at year ends see Statistical Summary September 1952 Table 
Ill-B, pages 145-146. 

*■ 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 



Total 



15,235 
15,355 
14,840 
14,689 

14,736 
14,697 
14,675 
14,655 
14,738 
14,721 
14,702 
14,722 
14,713 
14,689 

14,710 
14,824 
14,831 



Guar- 
anteed 

Un- 
matured 
Funded 
Debt 



548 
577 
529 
528 

529 
529 
529 
529 
529 
528 
528 
528 
528 
528 

528 
528 
528 



Exchange 
rate ad- 



Total 

(including 
exchange 
rate adjust- 
ment) 



36 

2 

27 

43 

39 
40 
40 
44 
46 



45 
41 
43 

43 
38 
38 



15,819 
15,934 
15,342 
15,174 

15,226 
15,186 
15,164 
15,140 
15,221 
15,201 
15,182 
15,205 
15,199 
15,174 

15,195 
15,314 
15,321 



DISTRIB UTION"" 



Bank 

of 

Canada 



2,009 
1,942 
2,191 
2,227 

2,062 
2,066 
2,028 
2,069 
2,124 
2,156 
2,135 
2,183 
2,172 
2,227 

2,154 
2,229 
2,182 



r^. . J ' Govern- 
Chartered | ^^^^ 

^"""^^ Accounts 



3,112 
3,079 
2,754 
2,784 

2,939 
2,917 
2,968 
2,953 
3,029 
3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 



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 

(2) See footnote (l)a. 

(3) Net assets of the chartered banks and Bank of Canada other than 
Government of Canada Securities. 

f4) See footnote (l)c. 

(5) For estimated quarterly classification of Canadian loans see Table III 
page 4. 

(6) Provincial, Municipal and "Other" securitiea 



796 

847 

1,009 

1,101 

1,005 
1,007 
1,013 
1,028 
1,040 
1,052 
1,071 
1,083 
1,096 
1,101 

1,101 
1,096 
1,093 



General 
Public 



9,902 
10,066 
9,388 
9,062 

9,220 
9,196 
9,155 
9,090 
9,028 
8,969 
8,948 
8,948 
9,092 
9,062 

9,077 
9,049 
9,022 



3 


. TOTAL OF CERTAIN LIQUID ASSETS HELD BY THE GENERAL PUBLIC, 






AND RELATED FACTORS 








Liquid Assets 




Total 


Related Factors"" 












Liquid 

Assets 

Total 
Related 








Currency 

and 

Active 

Bank 

Deposits 


Inactive 
Char- 
tered 
Bank 


Govt, of Canada 
Securities 


Bank 

Assets 

other than 

Govt, of 


Govt, of 
Can. Debt 
less Govt. 
Deposits & 




Market 


Non- 






Notice 
Deposits 


Issues 

(H) 


market 

(10) 


Total 


Factors 


Securities 

(U) 


holdings of 
Govt. Ace ts 




















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 


5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,055 


1952 
End of 


4,801 


3,978 


8,080 


1,140 


9,220 


17,999 


3,889 


14,110 


Mar.-1952 


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. 


5,173 


4,129 


7,812 


1,250 


9,062 


18,364 


4,310 


14,054 


Dec. 


5,011 


4,139 


7,840 


1,237 


9,077 


18,227 


4,242 


13,985 


Jan.-1953 


5,001 


4,192 


7,824 


1,225 


9,049 


18,242 


4,263 


13,979 


Feb. 


5,041 


4,242 


7,816 


1,206 


9,022 


18,305 


4,303 


14,002 


Mar. 



(7) Net of ail related asset and liability items of tlie chartered banks and B; 
of Canada whicli 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 
Summary, Sept. 1952. Table IV, page 145. Newfoundland debt assumed 
by the Government of Canada has been included since June, 1949. 

(9) Treasury Bill?; 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 of 
exchange have been used to September 30. 1950 and market rates thereafter. 



at year-ends see Summary, Sept. 1952. 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 I, "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. 



59 



APRIL 1953 



IV— 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 


1952 


3.59 


3.58 


3.22 


2.69 


Monthly 










1952— 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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 


Feb. 


3.65 


3.62 


3.44 


3.08 


Mar. 


3.65 


3.56 


3.43 


3.11 


Apr. 


3.66 


3.56 


3.43 


3.14 



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 


3.54 


4.23 


2.64 


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 


3.59 


4.16 


2.74 


3.60 


4.09 


2.77 


3.60 


3.97 


2.85 


3.62 


3.87 


2.90 



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 


1.076 


2.167 


1.795 


.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 


1.349 


2.415 


2.138 


1.349 


2.398 


2.124 


1.473 


2.432 


1.993 


1.503 


2.232 


2.098 


1.528 


2.415 


2.219 



(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 2Ji% due Dec. 15, 1963-68. It was not eligible for commercial banks before Dec. 1, 1952. 



CHARTERED BANKS: AGRICULTURAL, INDUSTRIAL AND COMMERCIAL LOANS 



(1) 



MILLIONS OF DOLLARS 

1000 



MILLIONS OF DOLLARS 

1000 




(1) Excluding loans to grain dealers. 

(2) Including loans to instalment finance companies. 



APRIL 1953 



60 



Millions of Dollars 



V— CHARTERED BANKS 
Estimated Quarterly Classification of Loans in Canada^" 

Department of Finance and Bank of Canada 



As AT END OF 



1951 



Mar. Dec. 



1952 



Mar. 



June 



Sept. Dec 



1953 



Mb 



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 purpyoses, 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) 
(2) 



Farmers 

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) 
(4) 
(5) 
(6) 
(7) 
(8) 



Public utilities, transportation & communications. 

Construction contractors 

Grain dealers and exporters 

Instalment finance companies 

Merchandisers 

Other business 



Total Agricultural, Industrial and Commercial 
TOTAL LOANS IN CANADA 



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 



32.4 
88.2 
46.2 



19.1 

127.1 

44.3 



44.1 

106.7 

42.8 



6.3 

102.4 

43.3 



3.8 
91.7 
43.5 



166.8 

107.4 
86.6 



190.5 

97.3 
86.3 



193.6 

137.5 
93.4 



152.0 

136.2 
107.5 



139.0 

154.6 
103.7 



194.0 

363.4 
204.3 



183.6 

317.3 
196.6 



230.9 

293.0 
218.0 



242.7 

274.3 
228.0 



258.3 

403.8 
242.1 



567.7 



277.9 

53.5 
37.1 

197.2 

117.7 
17.8 

115.8 
34.9 
25.8 

170.1 
47.7 
66.1 



513.9 



255.2 

54.9 
41.2 

169.7 

147.8 
16.8 

130.6 
39.4 
26.7 

162.8 
55.2 
55.4 



511.0 



283.7 

39.6 
27.0 

151.2 

146.6 
16.7 

127.6 
40.6 
26.7 

152.6 
58.7 
53.3 



502.3 



334.2 

30.3 

22.9 

168.4 

136.6 

14.4 

95.6 

48.0 

32.8 

158.0 

52.8 

53.1 



645.9 



308.1 

34.0 

17.9 

184.4 

138.8 

14.5 

95.2 

45.7 

26.8 

138.2 

54.5 

45.2 



873.7 

81.6 
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 

57.6 
160.9 
202.4 
112.3 
460.1 
134.7 



812.8 

67.5 
158.7 
186.5 
149.4 
484.0 
139.0 



795.2 

65.1 
140.7 
257.4 
205.1 
483.7 
146.6 



2,168.9 
3,103.5 



2,208.6 
3,137.1 



2,160.0 
3,048.0 



2,252.1 
3,187.6 



2,332.1 
3,229.1 



2,401.9 
3,445.2 



2.3 

128.0 

44.1 



174.4 

139.8 
112.1 



251.9 

362.7 
253.0 



615.7 



282.8 

33.9 
19.6 

163.7 

154.6 
15.6 

124.4 
58.4 
33.3 

166.3 
60.5 
49.6 



879.8 

52.4 
141.2 
270.7 
189.0 
522.4 
154.6 



2,492.9 
3,535.0 



(1) 



The figures for September of each year have been published by the Depart- 
ment of Finance; all other figures are estimated. 



(2) 



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



61 



APRIL 1953 



VI— BOND ISSUES AND RETIREMENTS^" 

Par Values in Millions of Canadian Dollars^'^^ Bank of Canada 





I-GovT. OF Canada Direct & 
Guaranteed and Other C.N.R.(3) 




II-Provincial Direct and Guaranteed 




New Issues 


Retirements 


Net New 

Issues 


New Issues 


Retirements 


Net New 




New 


Refunding 


Refunded 


Other 


Issues 


Calendar Years 
1949 
1950 
1951 
1952 


820.7 

2,191.7 

591.6 

827.1 


1,236.7 

2,282.6 

922.1 

956.8 


-416.0 

-90.9 

-330.5 

-129.7 


409.5 
276.9 
329.1 
381.0* 


54.1 

132.2 
90.1 
69.8* 


73.5 
131.8 
74.9 
87.5* 


78.3* 

146.5* 

137.2* 

98.8* 


311.8* 
130.8* 
207.1* 
264.5*^ 


1951— III 
IV 


2.3 
565.0 


113.5 
614.8 


-111.2 
-49.8 




100.1 
74.4 


42.0 


18.6 
40.9 


24.6* 
36.8* 


56.9* 
38.6* 


1952—1 
II 
III 
IV 


14.9 

9.7 

5.1 

797.4 


118.1 
70.2 
58.0 

710.4 


-103.2 

-60.5 

-52.9 

87.0 




151.7* 
71.1* 
55.8* 

102.5* 


20.5 

17.4* 

29.0* 

2.9 


15.4 
60.9* 
1.5 
9.7* 


35.1* 
23.2 
16.1 
24.4* 


121.7* 
4.5* 
67.2 
71.3* 


1953—1 


377.4 


391.3 


-13.9 




136.9 


29.8 


3.8 


26.5 


136.4 





III-Corporations 




New Issues 


Retirements 


Net New 
Issues 




New 


Refunding 


Refunded 


Otlier 


Calendar Years 
1949 
1950 
1951 
1952 


254.9 
438.7 
369.8* 
517.4* 


41.8 

55.6 
15.2 
28.7 


41.8 
55.6 
15.2 
28.7 


86.6 

91.1 

105.0* 

131.5* 


168.3 
347.6 
264.8* 
385.9* 


1951— III 
IV 


84.0 
128.6* 


5.2 
3.8 


5.2 
3.8 


26.7* 
36.7* 


57.4* 
91.9* 


1952—1 
II 
III 
IV 


57.8 
252.6 

62.0* 
145.0* 


1.0 

5.8 

.9 

21.0 


1.0 

5.8 

.9 

21.0 


29.1* 
32.2* 
25.1* 
45.1* 


28.7* 

220.4* 

36.8* 

99.9* 


1953—1 


212.3 


.2 


.2 


29.0 


183.3 




IV-Govt.ofCanadaTreasuryBius, 
Deposit Certificates and Short- 
Term Notes Sold Directlyto Bank 
OF Canada and Chartered Banks 


Net New 
Issues 


Total 

Outstanding 

at End of Period 


-100 

300 

-100 

100 
-100 

150 


1,200 

1,500 
1,400 
1,400 

1,400 
1,400 

1.400 
1,400 
1,500 
1,400 

1,550 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT'"^*^ 

government of CANADA AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R. 
.,,.,.. , ^ ,. „ „ t2\ AND CORPORATION BONDS 

Par Values t» Mtlhons of Canadian Dollars'- ' 





New Issues were payable in : 




Retirements 


were payable In: 




Net Increase 
In Bonds Outstand- 
ing Payable: 




















Canada, 


(5) 






Canada 
only 


New York 
only 


Canada & 
New Yoric 


London 


Total 


Canada 
only 


New York 
only 


Canada & 
New York 


New York 
& London 


London 


Total 


in Canada 
only 


Abroad 


Calendar Years 
1949 
1950 
1951 
1952 


1,480.8 
2,874.0 
1,118.1* 
1,554.9* 


100.0 
137.5 
277.8 
215.4* 


83.5 
53.8 


.2 
.1 


1,581.0 
3,095.1 
1,395.9* 
1,824.1* 


1,396.6* 
2,444.1* 
1,136.2* 
1,253.8* 


8.8 

126.6 
10.0 
9.0* 


10.9 
78.9 
38.2 
28.9 


91.5 

45.7 

61.9 

9.2 


9.2 

12.4 

8.4 

2.4 


1,516.9* 
2,707.6* 
1,254.6* 
1,303.3* 


84.2* 
430.0* 
-18.1* 
301.1* 


-20.2 
^2.5 
159.4 
219.7* 


1951— III 
IV 


94.6 
765.2* 


97.1 
48.5 


- 


- 


191.7 
813.7* 


104.4* 
723.6* 


1.6 
2.8 


23.4 

4.7 


52.1 
1.6 


7.2 
.4 


188.7* 
733.1* 


-9.8* 
41.6* 


12.9 
39.0 


1952—1 
II 
III 
IV 


197.7* 

204.4* 

126.9* 

1,026,0* 


6.2 

140.5* 

25.9 

42.7 


42.0 
11.8 


- 


245.9* 

356.7* 

152.8* 

1,068.7* 


190.4* 

163.5* 

98.2* 

801.8* 


1.2 
2.6 
1.1 
4.0* 


2.4* 

23.5* 

1.9 

1.1 


3.5 

2.3 

.1 

3.3 


1.2 

.4 
.4 
.4 


198.7* 
192.3* 
101.7* 
810.6* 


7.4* 

40.9* 

28.7* 

224.2* 


39.8* 

123.5* 

22.4 

33.9* 


1953—1 


620.4 


123.6 


12.5 


- 


756.6 


440.5 


5.8 


2.6 


1.5 


.4 


450.8 


180.0 


125.8 



(IJ Subject to revision. Tiie figures exclude clianges in refundable taxes, 
provincial treasury bills and the issues and retirements of municipalities 
and religious institutions. The changes in refundable taxes were -287, 
-56, -90 and -24 millions and the net increases in total municipal bonded 
debt are estimated to have been 105, 133, 153 and 145 millions from 1949 
to 1952 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. 



APRIL 1953 



62 



Cents per Unit 



VII— FOREIGN EXCHANGE RATES 

Bank of Canada 



(I) 





U.S. Dollar in Canada 


£ Sterling in Canada 


Business 
Days 






Noon Average 






Noon Average 




High 


Low 


of business 
days 


High 


Low 


of business 
days 


1946 


110.25 


100.25 


105.75 


444.00 


403.00 


425.54 


1947 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1948 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1949 


110.25 


100.25 


103.08 


403.00 


308.00 


376.13 


1950 


110.25 


103.25 


108.92 


308.00 


289.25 


304.44 


1951 


107.31 


101.19 


105.28 


300.50 


281.38 


294.68 


1952 


101.31 


95.88 


97.89 


281.25 


266.75 


273.40 


1952-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. 


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 


1953-Jan. 


97.38 


96.75 


97.05 


273.56 


272.38 


273.05 


Feb. 


98.44 


97.00 


97.73 


277.50 


273.44 


275.55 


Mar. 


98.63 


97.75 


98.33 


277.63 


275.31 


276.92 


Apr. 


98.63 


98.00 


98.37 


277.94 


275.69 


277.13 



(1) Rates prior to Oct. 2, 1950, are mid-points, or averages thereof, between official buying and selling 
rates. Effective Oct. 2. 1950, official rates were discontinued and rates thereafter are as reported on 
transactions between banks in the exchange market. Commencing with 1950, averages are based on 
five-day week quotations. 



VIII— OFFICIAL HOLDINGS OF 
GOLD AND U.S. DOLLARS"' 

mm. U.S. Dept. of Finance 



End 




US 




of 
period 


Gold 


Dollars 


Total 


1946 


536.0 


708.9 


1,244.9 


1947 


286.6 


215.1 


501.7 


1948 


403.1 


596.5 


997.8 


1949 


486.4 


630.7 


1,117.1(2) 


1950 


580.0 


1,161.5 


1,741.5 


1951 


841.7 


936.9 


1,778.6 


1952 


885.0 


975.2 


1,860.2 


1952-Apr. 


870.0 


932.7 


1,802.7 


May 


876.2 


930.5 


1,806.7 


June 


884.4 


943.3 


1,827.7 


July 


878.2 


966.8 


1,845.0 


Aug. 


873.9 


974.0 


1,847.9 


Sept. 


883.1 


972.5 


1,855.6 


Oct. 


875.3 


980.7 


1,856.0 


Nov. 


875.5 


966.5 


1,842.0 


Dec. 


885.0 


975.2 


1,860.2 


1953-Jan. 


888.5 


978.3 


1,866.8 


Feb. 


892.9 


944.2 


1,837.1 


Mar. 


905.8 


939.5 


1,845.3 


Apr. 


913.7 


930.0 


1,843.7 



(1) Gold and U.S. dollars held by the Exchange Fund 
Account and Bank of Canada and U.S. dollars held by 
other Govt, of Canada Accounts. 

(2) Exclusive of $18.2 mm. set aside out of the proceeds of 
a refunding issue for the purpose of retiring on Feb. 1, 
1950, a security issue guaranteed by the Govt, of 
Canada and payable in U.S. dollars. 



UNITED STATES DOLLAR IN CANADIAN FUNDS"' 

CANADIAN DOLLARS CANADIAN DOLLARS 




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



63 



APRIL 1963 



Thousands of Fine Ounces 



IX— CANADIAN GOLD STATISTICS 

Bank of Canada 













Net Increase or 


Net Increase or 




New Gold 






Net Increase 


Decrease in 


Decrease in 




Production 


Physical 


Physical 


or Decrease 


Canadian 


Foreign Owned 




available 


Imports") 


Exports'-^'' 


in Official 


Owned Gold 


Gold Held in 




for Export''' 






Holdings(^) 


Held in Safe- 
keeping Abroad 


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 


1952t 


4,310 


25 


19,246 


1,246 


2,565 


18,723 


Quarters 














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 


14,274 


II 


987 


2 


3,189 


519 


715 


2,004 


III 


1,083 


13 


1,343 


35 


121 


333 


ivt 


1,091 


2 


2,992 


53 


159 


2,112 


1953—1* 


1,372 


64 


552 


599 


143 


142 



(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 f 

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. 



X— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





Production 


Res- 
idential 

Con- 
struction 


Car 
Loadings 


Value 

of 

Department 


Employ- 
ment 
Index 
(() 


Aggregate 
Payrolls 










News- 


Central 


Index 

(6) 




Gold 


Nickel 


Steel 


print 
(1) 


Electric 


Contracts 




Store Sales 














Stations"' 


Awarded <" 




(4) 


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 


AnnualTotalsOS) 






















1926 


1,754 


33 


869 


2,068 


9,354 


110 


3,268 


* 


* 


* 


1929 


1,928 


55 


1,543 


2,984 


13,897 


129 


3,532 


* 


* 


* 


1933 


2,949 


42 


459 


2,282 


12,812 


24 


2,031 


242 


* 


* 


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 


46,086 


542 


3,906 


873 


168.0 


321.8 


1951 


4,393 


138 


3,567 


5,516 


51,916 


437 


4,183 


902 


180.2 


381.3 


1952 


4,472 


140 


3,722 


5,687 


55,568 


511 


4,160 


978 


184.7 


426.0 


12-mth8. ending 






















Mar. 1953 


4,490** 


140 


3,799 


5,679 


56,606 


546 


4,101 


971 


185.9 


435.6 


Monthly 






















1952— May 


365.9 


12.3 


330.5 


496.0 


4,596 


42.6 


356 


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. 


372.2 


11.9 


289.1 


486.5 


4,457 


41.3 


354 


69.6 


188.8 


433.3 


Sept. 


383.2 


10.9 


288.0 


461.5 


4,571 


42.3 


362 


84.3 


190.6 


442.7 


Oct. 


403.1 


11.7 


307.9 


502.8 


4,927 


51.6 


392 


97.3 


192.6 


452.2 


Nov. 


388.3 


11.3 


308.6 


463.4 


4,805 


60.1 


350 


108.0 


192.3 


455.8 


Dec. 


391.3 


11.7 


319.7 


463.4 


5,048 


36.7 


334 


137.2 


192.2 


459.5 


1953— Jan. 


372.7 


12.5 


346.6 


473.6 


5,106 


21.5 


315 


63.8 


187.0 


428.7 


Feb. 


352.9 


10.6 


326.1 


439.2 


4,681 


35.2 


282 


61.5 


182.5t 


441.lt 


Mar. 




12.2 


367.0 


484.3 


5,131 


46.3 


320 


53.8 


181.8 


445.0 



(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. Includes Newfoundland commencing February 1950. (4) Excludes 

Newfoundland. (5) 9 Leading industries. First of month figures. (6) Average of months in case of Employment and Payrolls Indexes. 

• Not available. •* 12 mths. ending Feb. 1953. f Revised. 



APRIL 1953 



Thousands 



64 



XI— LABOUR FORCE STATUS OF THE POPULATION"' 

"The Labour Force", Dominion Bureau of Statistics 



Week ending 



1952 



March 1 



May 31 August 16 November 22 December 13 



1953 1 



January 24 February 21 



March 21 



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<" 

other reasons 

Without Jobs and Seeking Work") 

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<') 

Without jobs 

At work 1-14 hours 

" 15 -34 hours 



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 



5,144 

4,558 

375 

84 

67 

* 

14 

* 

26 

11 

132 

5,276 
101 

5,377 
4,724 

198 

3,296 

670 

532 

28 

10,101 



5,013 

4,523 
249 

72 

74 
* 

18 

* 

47 

15 

187 

5,200 
103 

5,303 
4,764 

190 

3,332 

675 

542 

25 

10,067 



5,015 

4,518 

258 

63 

69 

* 

21 

* 

52 

22 

179 

5,194 
104 

5,298 
4,786 

192 

3,335 

678 

555 

26 

10,084 



5,020 

4,534 

255 

70 

85 

* 

15 

* 

39 

17 

172 

5,192 
104 

5,296 
4,794 

188 

3,342 

685 

555 

24 

10,090 



228 

212 

12 



121 

107 

* 

10 



93 

86 



131 

114 

* 

12 



148 

132 

11 



198 

187 



193 

179 

10 



184 

172 



t The figures for 1953 arc not strictly comparable with earlier data because of small downward revisions in the population estimates based on the more detailed 
1951 Census data now available. (1) DBS estimates based on data from a 1% sample (2% in urban areas each June) of households. The estimates are there- 
fore subject to sampling error which, in general, is relatively larger the smaller the estimate. (2) The number with jobs in agriculture was 825. 924, 1,007, 
795, 7S2, 770, 768 and 799 from Mar. 1, 1952 to Mar, 21, 1953 respectively. * Less than ten thousand. (3) Persons with definite instructions to return 

to work within 30 days of being laid 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, (S) Persons without jobs and in addition 
some who worked 1-34 hours and were looking for work. 



SELECTED INDEXES OF INDUSTRIAL PRODUCTION 



NDCX 195I-I00 



INDEX I9M>IOO 



120 



TOTAL 



I9S2- 



120 120 




MANUFACTURING 



1952- 



120 



JFMAMJJASONO 



JFMAMJJASOND 



INDEX l9M-rOO 



INDCX I9M-I00 




120 120 



100 100 



80 80 



JFMAMJJASOND 




JFMAMJJASOND 



65 



Index 1939 = 100 



XII— EMPLOYMENT AND PAYROLLS 

'Employment and Payrolls", Dominion Bureau of Statistics 



APRIL 1953 



EMPLOYMENT INDEXES' 





Total 


Forestry 
(chiefly 
logging) 


Mining 


Manu- 
facturing 


Con- 
struction 


Trans- 
portation & 
Communi- 
cations 


Public 
Utilities 


Trade 


Finance, 

Insurance, 

Real 

Estate 


Services 


Aver, of Months 






















1947 


158.3 


237.7 


94.2 


171.0 


138.1 


159.6 


139.1 


146.2 


134.9 


166.4 


1948 


165.0 


220.0 


103.4 


176.0 


153.8 


165.7 


161.3 


156.0 


141.4 


174.4 


1949 


165.5 


158.9 


106.4 


175.9 


161.2 


167.3 


181.3 


162.0 


147.4 


175.9 


1950 


168.0 


160.2 


112.2 


177.5 


165.0 


167.2 


183.6 


167.2 


155.3 


177.7 


1951 


180.2 


220.3 


117.7 


190.0 


177.6 


177.6 


187.5 


174.0 


169.8 


181.3 


1952 „, 


184.7 


196.8 


124.3 


192.3 


192.8 


185.6 


195.0 


178.0 


179.7 


187.5 


First of Month 






















1951— Mar. 


172.3 


244.1 


114.7 


186.3 


139.7 


165.7 


178.3 


168.1 


161.7 


172.5 


Apr. 


173.3 


208.0 


114.7 


188.8 


141.9 


166.7 


179.4 


170.9 


167.5 


172.9 


May 


175.6 


167.9 


115.0 


189.9 


163.4 


171.5 


183.2 


171.0 


170.8 


175.9 


June 


180.3 


188.6 


116.4 


192.0 


182.7 


176.5 


190.9 


172.8 


171.0 


180.9 


July 


183.6 


197.6 


119.0 


193.9 


190.4 


183.2 


193.8 


173.3 


172.0 


188.8 


Aug. 


184.3 


180.5 


120.0 


194.0 


199.5 


186.4 


195.8 


170.8 


172.6 


193.4 


Sept. 


185.4 


181.8 


119.5 


194.1 


206.7 


189.0 


195.3 


171.0 


173.0 


193.7 


Oct. 


186.5 


214.6 


120.1 


194.2 


206.1 


186.7 


191.8 


175.5 


173.3 


187.9 


Nov. 


186.4 


262.3 


121.4 


190.8 


203.1 


186.4 


190.7 


176.7 


176.4 


183.2 


Dec. 


186.6 


293.4 


121.6 


189.1 


194.3 


185.4 


190.5 


183.6 


178.4 


180.7 


1952— Jan. 


181.0 


288.4 


120.2 


183.6 


167.0 


181.3 


187.3 


185.2 


178.7 


178.1 


Feb. 


177.8 


275.9 


121.6 


185.2 


157.2 


177.8 


185.5 


170.4 


178.4 


177.3 


Mar. 


178.0 


266.7 


122.9 


187.3 


153.2 


177.4 


185.9 


169.3 


178.2 


178.3 


Apr. 


177.9 


200.3 


122.3 


188.3 


159.6 


181.3 


186.9 


171.3 


178.2 


181.0 


May 


177.4 


123.1 


122.4 


188.7 


174.2 


181.1 


188.4 


173.2 


178.3 


183.7 


June 


182.5 


156.6 


124.6 


190.9 


192.3 


186.9 


194.7 


174.2 


179.0 


188.5 


Julyt 


185.5 


149.2 


125.8 


191.4 


209.4 


190.6 


201.8 


177.4 


180.0 


196.3 


Aug. 


188.8 


122.4 


127.3 


194.1 


236.6 


192.3 


205.0 


176.8 


180.7 


199.2 


Sept. 


190.6 


151.1 


127.2 


198.5 


224.7 


192.5 


204.7 


177.5 


180.5 


197.8 


Oct. 


192.6 


185.0 


126.4 


200.8 


223.4 


190.8 


201.3 


181.7 


181.3 


193.4 


Nov. 


192.3 


216.4 


125.9 


199.8 


213.4 


188.2 


199.5 


185.7 


181.6 


189.3 


Dec. 


192.2 


226.6 


124.6 


199.6 


202.5 


186.6 


199.0 


193.3 


181.7 


187.2 


1953— Jan. 


187.0 


205.8 


122.6 


196.3 


174.8 


182.2 


196.1 


195.1 


181.8 


187.1 


Feb.* 


182.5 


188.3 


121.6 


197.7 


159.7 


176.5 


193.8 


179.6 


181.9 


186.2 



INDEX NUMBERS OF PAYROLLS 



(3) 



Aver, of Months 






















1947 


245.2 


486.4 


141.5 


272.7 


259.6 


229.7 


192.9 


211.0 


178.6 


258.7 


1948 


282.9 


495.8 


175.9 


314.1 


315.1 


263.6 


247.5 


247.0 


195.8 


292.7 


1949 


303.7 


368.5 


191.0 


339.2 


354.0 


282.0 


295.9 


275.0 


214.5 


308.8 


1950 


321.8 


388.2 


211.2 


360.2 


379.9 


286.5 


317.9 


297.4 


233.7 


320.1 


1951 


381.3 


616.8 


245.4 


427.6 


460.6 


333.7 


355.5 


340.0 


270.4 


349.4 


1952 ,„ 


426.1 


632.8 


282.5 


474.0 


567.8 


367.2 


444.7 


375.6 


303.8 


382.4 


First of Month 






















1951— Mar. 


353.8 


633.7 


235.2 


405.3 


353.8 


303.8 


331.1 


319.5 


252.1 


330.8 


Apr. 


357.8 


549.8 


230.1 


414.6 


352.0 


308.8 


331.5 


325.6 


264.6 


332.0 


May 


367.9 


472.8 


237.4 


423.7 


408.9 


317.6 


343.3 


332.9 


271.3 


340.9 


. une 


379.0 


539.8 


238.3 


429.0 


459.3 


331.2 


359.2 


338.4 


272.0 


350.4 


. uly 


392.5 


589.7 


250.2 


440.0 


495.7 


346.2 


369.3 


345.5 


273.6 


363.7 


Aug. 


394.0 


495.2 


254.2 


440.1 


526.3 


352.9 


373.7 


342.9 


274.7 


368.0 


Sept. 


400.2 


505.5 


252.3 


446.1 


556.0 


361.3 


371.0 


342.4 


276.1 


369.3 


Oct. 


410.0 


630.2 


263.0 


454.4 


570.8 


359.2 


375.8 


354.4 


280.9 


367.0 


Nov. 


413.4 


820.3 


264.7 


451.4 


559.0 


360.5 


377.9 


358.1 


289.6 


363.7 


Dec. 


416.7 


923.3 


268.7 


451.8 


542.3 


361.0 


385.7 


368.6 


292.4 


361.5 


1952— Jan. 


388.8 


859.5 


252.5 


417.8 


410.4 


353.0 


378.8 


374.6 


292.0 


351.2 


Feb. 


402.9 


842.6 


267.8 


449.9 


454.8 


344.6 


383.9 


355.9 


292.9 


354.5 


Mar. 


409.0 


878.8 


273.4 


458.0 


455.1 


349.8 


388.0 


355.9 


296.7 


362.5 


Apr. 


411.5 


693.5 


279.2 


467.2 


476.1 


348.8 


393.0 


359.1 


302.7 


366.3 


May 


410.6 


400.8 


276.1 


468.4 


512.9 


358.9 


395.6 


363.9 


304.3 


376.1 


June 


420.2 


481.5 


282.3 


470.1 


562.3 


368.7 


409.3 


370.3 


305.4 


384.3 


Julyt 


426.3 


460.7 


286.7 


470.1 


607.9 


376.4 


418.2 


378.1 


306.6 


396.5 


Aug. 


433.3 


383.3 


287.7 


474.6 


678.5 


383.6 


428.1 


377.9 


307.3 


400.8 


Sept. 


442.7 


491.4 


292.0 


490.9 


670.0 


384.7 


429.6 


378.6 


307.2 


401.3 


Oct. 


452.2 


604.8 


295.2 


503.0 


682.8 


381.7 


424.9 


387.1 


308.6 


400.8 


Nov. 


455.8 


711.2 


297.3 


505.7 


666.1 


379.7 


433.1 


396.1 


311.1 


398.2 


Dec. 


459.5 


785.4 


299.7 


512.2 


637.1 


376.3 


438.4 


409.6 


310.7 


396.5 


1953— Jan. 


428.7 


688.8 


278.9 


473.2 


479.1 


380.5 


424.4 


415.8 


313.1 


389.7 


Feb.* 


441.1 


616.3 


288.4 


510.0 


509.7 


370.1 


427.5 


309.3 


314.6 


397.7 



(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 (I). Gross payrolls before deductions made for income tax, etc. Includes overtime and cost-of-living payments. 
t Revised. * Preliminary. 



APRIL 1953 



66 



XIII 



Cents 



-AVERAGE HOURLY EARNINGS IN CERTAIN INDUSTRIES"'"' 
HOURLY-RATED WAGE-EARNERS 

Compiled from "Man-Hours and Hourly Earnings" , Dominion Bureau of Statistics 





Mantjfacturing 


























Mining 


Con- 


Services 


Composite 




Food & 




Total Non- 


Iron & 


Trans- 


Total 






struction 




Total 




Beverages 


Clothing 


Durable 


Steel 


portation 
Equipment 


Durable 


Total 










Aver, of Months 
























1945 


59.0 


53.0 


60. 7 1 


75.1 


86.9 


76 .7t 


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 


1952 


109.8 


91.4 


117.4 


145.0 


146.6 


139.8 


129.2 


147.1 


130.8 


73.6 


129.1 


Ist of Month(3) 
























1951— Oct. 


99.7 


88.6 


111.2 


137.0 


140.5 


132.1 


121.9 


138.2 


122.4 


71.0 


121.6t 


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 


124.2t 


1952— Jan. 


109.3 


90.2 


116.8 


140.0 


142.9 


136.4 


127.1 


142.6 


123.9 


71.8 


126.2t 


Feb. 


108.3 


90.6 


115.7 


142.5 


143.1 


137.5 


127.1 


141.4 


129.0 


72.0 


126.9 


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 


129.2t 


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 


129.5t 


July 


109.3 


91.2 


117.9 


144.9 


145.3 


138.3 


128.6 


147.6 


128.2 


73.5 


128.3t 


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. 


107.9 


92.3 


117.0 


147.2 


149.3 


141.8 


129.9 


149.8 


134.0 


75.2 


130.4 


Nov.t 


111.3 


92.7 


118.4 


147.6 


151.1 


142.6 


131.0 


150.4 


135.2 


75.8 


131.4 


Dec. 


112.5 


92.3 


119.3 


148.8 


151.9 


143.6 


132.1 


151.8 


137.4 


76.5 


132.7 


1953— Jan. 


116.5 


92.6 


121.8 


149.5 


153.2 


144.5 


134.0 


153.4 


135.8 


76.3 


133.9 


Feb.* 


114.6 


93.6 


120.7 


150.8 


155.4 


145.7 


134.1 


153.1 


139.3 


76.2 


134.3 



(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. f Revised. * Preliminary. 



AVERAGE HOURLY EARNINGS IN CERTAIN INDUSTRIES 

CURRENT AND DEC. 1950 DOLLARSf^) 

DOLLARS DOLLARS 



(1) 




MJSDMJSD 
1952 1953 



(1) See footnotes to table above. (2) Current dollars divided by D.B.S. Consumer Price Index on base Dec. 1950 — 100. 



67 



Index 1949 =100 



APRIL 1953 



XIV— CONSUMER PRICE INDEX"' 

'Price and Price Indexes", 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 


1952 


116.5 


116.8 


120.2 


111.8 


116.2 


116.0 


First of Month 














1951— 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 


1953— Jan. 


115.7 


113.5 


122.3 


109.7 


116.5 


116.7 


Feb. 


115.5 


112.7 


122.5 


109.6 


116.6 


116.7 


Mar. 


114.8 


111.6 


122.5 


109.7 


116.7 


115.2 


Apr. 


114.6 


110.9 


122.7 


109.7 


116.9 


115.0 



(1) Components were selected andweighted 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. 



STEER PRICES: CANADA AND U.S.A 



(U 



CANADIAN DOLLARS PER CWT. 



CANADIAN DOLLARS PER CWT. 




(1) Steer prices in Chicago converted to Canadian funds at the prevailing rate of exchange. 
* Steer grades revised commencing January 1951. 



APRIL 1953 



68 



XV— 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 








Partly 


Chiefly 


Total 


Farm 


Total 


Total 




Index 








Manu- 


Manu- 


Index 


Products 


Index 


Index 






Field t 


Animal 


Totalt 


factured 


factured 














Index 1935 


-39 = 100 




Index 1947 


-49 = 100 


(2) 


(3) 


Aver, of Mths. 


























1926 


130.3 


158.5 


130.2 


144.4 


129.1 


133.0 


65.0 


*• 


** 


71.5 


124.1 


124.8 


1929 


124.6 


137.2 


144.4 


140.8 


126.1 


123.7 


61.9 


58.6 


** 


65.5 


118.2 


115.0 


1933 


87.4 


69.3 


69.2 


69.3 


79.3 


93.3 


42.8 


28.7 


** 


50.9 


81.7 


86.3 


1937 


107.7 


128.9 


106.0 


117.4 


113.7 


104.4 


56.1 


48.3 


** 


61.0 


107.1 


109.5 


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 


200.4 


336.9 


268.6 


237.9 


242.4 


114.8 


113.4 


111.4 


115.9 


219.3 


321.8 


1952 


226.2 


216.9 


277.4 


247.1 


218.7t 


230.7t 


111.6 


107.1 


108.8 


113.2 


213.2 


329.9 


Monthly 


























1952— Apr. 


226.9 


234.0 


273.7 


253.8 


221.3 


230.6t 


111.8 


108.7 


108.0 


113.3 


213.5 


332.2 


May 


224.8 


240.0 


265.4 


252.7 


220.2 


227. 8t 


111.6 


107.9 


108.6 


113.0 


213.1 


329.9 


June 


226.5 


244.4 


271.4 


257.9 


220.4t 


230. 3t 


111.3 


107.3 


108.7 


112.6 


212.6 


329.8 


July 


225.5 


230.2t 


275.3 


252. 8t 


218.2t 


229. 8t 


111.8 


110.2 


110.0 


112.5 


213.5 


329.4 


Aug. 


223.9 


208.1 


277.2 


242.7 


216.2t 


228.5t 


112.1 


109.9 


110.5 


112.9 


214.1 


327.1 


Sept. 


222.1 


194.8 


269.1 


231.9 


212AX 


227.61 


111.8 


106.6 


110.3 


113.2 


213.5 


324.8 


Oct. 


221.0 


192.7 


263.0 


227.8 


209. 7t 


227. 4t 


111.2 


104.9 


108.5 


113.1 


212.4 


328.3 


Nov. 


221.9 


192.1 


266.5 


229.3 


210.5t 


228.2t 


110.7 


103.6 


107.7 


112.8 


211.4 


326.7 


Dec. 


221.2 


189.4 


268.3 


228.8 


210.0t 


227 .8t 


109.6 


99.6 


104.3 


112.9 


209.3 


329.9 


1953— Jan. 


221.5 


186.4 


266.4 


226.4 


209.4 


229.0 


109.9 


99.8 


105.5 


112.9 


209.9 


330.0t 


Feb. 


220.9 


182.1 


263.1 


222.6 


207.9 


228.8 


109.6 


97.9 


105.1 


113.1 


209.3 


326.4t 


Mar. 


221.9 


177.3 


264.3 


220.8 


209.8 


229.2 


110.1 


100.0 


105.0 


113.4 


210.3 


327.8 



(1) An independent series with different weigliting and different prices from tliose included in the "Total Index". Prices include subsidies. f 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. J Reviaed. 



XVI— EXPORTS AND IMPORTS: INDEXES OF TOTAL VALUE, UNIT VALUE 

AND PHYSICAL VOLUMEt 

Index 1948 = 100 Compiled from "Trade of Canada" , Dominion Bureau of Statistics 





EXPORTS 


IMPORTS 


Terms of 




Total 
Value 


Unit 
Value 


Physical 
Volume 


Total 
Value 


Unit 

Value 


Physical 

Volume 


Trade (1) 


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 


123.0 


103.5 


154.8 


126.2 


122.7 


97.5 


1952 
Quarterly Average 
1952— II 


139.9 
144.1 


121.8 
122.2 


114.9 
117.9 


152.3 
156.3 


110.3 
111.1 


138.1 
140.8 


110.4 
110.0 


III 


137.1 


120.7 


113.6 


150.6 


107.1 


140.6 


112.7 


IV 
Monthly Average 
1952— Mar. 


149.7 
138.4 


120.0 
124.3 


124.7 
111.3 


163.7 
148.0 


108.2 
115.0 


151.3 
127.8 


110.9 
108.1 


Apr. 


135.9 


123.2 


110.3 


147.2 


112.9 


130.4 


109.1 


May 


149.3 


121.7 


122.7 


174.7 


110.7 


157.8 


109.9 


June 


147.0 


121.7 


120.8 


147.0 


109.6 


134.1 


111.0 


July 


144.5 


121.2 


119.2 


155.9 


107.9 


144.5 


112.3 


Aug. 


135.2 


120.7 


112.0 


137.5 


106.6 


129.0 


113.2 


Sept. 


131.5 


120.1 


109.5 


158.3 


106.7 


148.4 


112.6 


Oct. 


145.9 


120.5 


121.1 


170.8 


107.8 


158.4 


111.8 


Nov. 


151.1 


120.4 


125.5 


164.4 


108.2 


151.9 


111.3 


Dec. 


152.0 


119.1 


127.6 


155.8 


108.5 


143.6 


109.8 


1953— Jan. 


123.8 


119.8 


103.3 


147.5 


108.6 


135.8 


110.3 


Feb. 


107.5 


119.3 


90.1 










Mar.* 


120.1 


119.4 


100.6 











(1) Index of export unit value divided by index of import unit value. t Revised: Unit value, physical volume and terms of trade indexes have been revised 
back to 1 95 1 as a result of reworking of records designed to improve the representativeness of the unit value detail samples, and to eliminate quality changes 
in wheat * Preliminary. 



69 



APRIL 1953 



XVII— U.K. STATISTICS 



INTERNATIONAL RESERVES 8. STERLING LIABILITIES 

MILLIONS OF U.S. $ MILLIONS OF £ 



EXPORT PRICES. IMPORT PRICES & TERMS OF TRADE 

INDEX FIRST HALF 1950=100 INDEX FIRST HALF 1950=100 



-CENTRAL GOLD AND H RESERVES OF £ AREA 
MONTH -END 




DMJ SDMJ SOMJSDMJSD 
1950 1951 1952 1953 




DMJSDMJSDMJ SDMJSO 

1950 1951 1952 1953 

I EXPORT PRICES DIVIDED BY IMPORT PRICES 



PRODUCTION AND TRADE 

INDEX 1950 = 100 INDEX 1950 = 100 



120 
110 
100 
90 



120 



QUARTERLY AVERAGES 
I i 

INDUSTRIAL PRODUCTION 




VOLUME OF IMPORTS 




120 
110 
100 
90 

120 
110 
100 
90 



DMJSOMJSDMJSDMJSD 

1950 1951 1952 1953 

1 FIRST TWO MONTHS 



CONSUMER EXPENDITURE AT 1948 PRICES 

MILLI ONS OF ■£ MILLIONS Of* 

9200 



8600 




RETAIL PRICES 

INDEX FIRST HALF 1950=100 INDEX FIRST HALF 1950 = 100 




DMJ .3 DMJ SDMJ SDMJSD 
1950 1951 1952 1953 



CENTRAL GOVERNMENT FINANCE 

MILLIONS OF £ MILLIONS OF £ 



BANKING FIGURES 



700 
600 
500 
400 
300 
200 
100 




H 



FISCAL YEARS ENDING MARCH 31 



_)>0 
_J =) 
< -I 
<r Q.- 



w I 



1950-51 



1951-52 



1952-53 



tu 



700 
600 
500 
400 
300 
200 
100 



1953-54 

BUDGET 

ESTIMATE 



MILLIONS OF i 



10500 



10000 



MILLIONS OF £ 

10500 



10000 




3300 



2800 



2300 



1800 



DMJSDMJSDMJ SDMJSO 
1950 1951 1952 1953 

1 LDN CLEARING BANKS & SAVINGS BANKS. 2 HELD BY PUBUC 
3 INCL. TREASURY DEPOSIT RECEIPTS. 



APRIL 1953 



70 



Millions of Dollars 



XVIII— EXPORTS AND IMPORTS BY COUNTRIES(»> 

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

MERCHANDISE EXPORTS'^^ 





TOTAL EXPORTS (EXCLUDING GOLD) TO 


New Gold 






















Production 








U.K. 


Union 


Other 


Western 


Central 


All 


Total 


Available 




U.S.A. 


U.K. 


Dependen- 


OF 


Sterling 


Europe & 


AND 


Other 


AH 


for 








cies 


South 
Africa 


Area 
(3) 


Colonies 
(4) 


South 
America 


(5) 


Countries 


Export 


Calendar Years 






















1926 


471 


318 


26 


9 


50 


283 


44 


76 


1,277 


30 


1929 


581 


226 


28 


13 


53 


142 


44 


92 


1,178 


37 


1933 


196 


188 


13 


6 


20 


72 


10 


30 


535 


82 


1937 


394 


386 


24 


17 


58 


94 


25 


49 


1,045 


145 


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 


628 


74 


53 


140 


363 


213 


150 


3,960 


150 


1952 


2,342 


751 


79 


38 


174 


471 


279 


212 


4,344 


150 


12 Mths. end'g 






















Feb. 1953 


2,345 


745 


74 


34 


168 


451 


255 


217 


4,289 


156* 


Monthly 






















1952-Mar. 


190.0 


70.4 


8.6 


4.5 


19.7 


28.2 


24.1 


14.3 


359.8 


15.0 


Apr. 


182.8 


71.0 


6.5 


3.5 


15.3 


23.6 


26.6 


13.0 


342.4 


11.2 


May 


194.2 


98.1 


8.8 


4.3 


15.5 


40.6 


23.2 


12.2 


396.9 


8.5 


June 


197.0 


83.5 


6.8 


2.9 


14.0 


45.4 


21.1 


16.2 


386.9 


14.6 


July 


189.2 


68.8 


6.6 


1.8 


18.1 


46.7 


21.2 


20.8 


373.1 


14.9 


Aug. 


180.7 


64.5 


4.8 


2.2 


12.0 


47.2 


14.1 


13.8 


339.3 


9.6 


Sept. 


197.2 


42.3 


5.1 


3.6 


10.6 


46.1 


20.9 


20.4 


346.2 


12.8 


Oct. 


208.6 


56.7 


5.4 


2.3 


9.8 


47.9 


25.9 


18.6 


375.2 


10.1 


Nov. 


214.8 


60.9 


5.9 


2.3 


15.9 


47.7 


25.2 


32.1 


404.7 


13.6 


Dec. 


220.5 


44.3 


4.6 


2.2 


12.8 


36.3 


20.3 


26.8 


367.9 


13.5 


1953-Jan. 


192.4 


49.3 


6.3 


1.9 


13.1 


21.0 


17.4 


17.8 


319.1 


16.0 


Feb. 


177.3 


35.3 


4.3 


1.9 


12.5 


20.3 


14.8 


10.8 


277.2 


16.1 


Mar.<" 


206.4 


38.8 














313.0 


15.6 



Millions of Dollars 






MERCHANDISE IMPORTS 


























Excess of 








TOTAL IMPORTS (EXCLUDING GOLD) FROM 






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) 


Countriea 


andise 
Imports 


Calendar Years 






















1926 


669 


165 


26 


1 


21 


71 


33 


23 


1,008 


268 


1929 


894 


195 


28 


1 


31 


90 


33 


28 


1,299 


-121 


1933 


217 


98 


16 


5 


13 


32 


10 


10 


401 


134 


1937 


491 


147 


43 


8 


36 


43 


21 


20 


809 


237 


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 


1952 


2,977 


357 


106 


4 


75 


157 


285 


66 


4,027 


318 


12 Mths. end'g 






















Jan. 1953 


2,998 


363 


102 


4 


74 


155 


284 


68 


4,048 


133* 


Monthly 






















1952-Mar. 


253.5 


22.6 


6.5 


.4 


3.8 


12.5 


24.3 


3.3 


327.0 


32.8 


Apr. 


245.6 


28.4 


6.7 


.3 


6.1 


11.0 


21.6 


4.3 


323.9 


18.5 


May 


282.9 


32.1 


11.1 


.4 


8.8 


15.3 


27.3 


7.1 


384.9 


12.0 


June 


235.3 


31.3 


11.4 


.3 


5.1 


12.5 


23.2 


4.9 


324.0 


62.9 


July 


246.6 


33.9 


10.8 


.3 


5.7 


11.8 


27.7 


6.2 


343.0 


30.1 


Aug. 


212.8 


31.9 


8.8 


.6 


4.9 


12.4 


24.3 


6.7 


302.4 


36.9 


Sept. 


255.1 


31.4 


11.4 


.3 


7.8 


14.2 


21.9 


6.9 


349.0 


-2.8 


Oct. 


275.2 


36.6 


8.5 


.4 


7.8 


15.5 


26.7 


5.1 


375.9 


-.7 


Nov. 


264.2 


35.1 


8.0 


.3 


7.7 


17.3 


24.6 


6.1 


363.3 


41.4 


Dec. 


265.2 


27.8 


6.1 


.3 


3.7 


13.0 


22.6 


6.2 


344.9 


23.6 


1953-Jan. 


249.3 


30.4 


3.8 


.3 


5.3 


10.3 


21.3 


7.0 


327.7 


-8.6 


Feb. 


241.0t 


27.2t 














310.0t 


-32. 8t 


Mar.<" 


274.3 


37.6 














360.4 


-47.4 



(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, 1951 and 1952 amounted to 56.8, 
109.1 and 51.9 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 1947 to 1949 
inclusive. In 1947 articles admitted free under Order in Council (9213) and 
the item "Canadian Goods Returned" (9195) are excluded. 
Preliminary. * 12 mths. ending Mar. 1953. fRevised. 



71 



APRIL 1953 



XIX— 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. bhls. 


mm. bus. 


Thous. 


Thous. cwt. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


mm. bd. 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 


1952 


























l2'mtha endlnK 


























Feb. 1953 


328 


13 


193 


2 


683 


3 


3 


70 


284 


268 


3,305 


2,128 


Monthly 


























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 




3.1 


14.7 


19.2 


250.6 


234.4 


Mar. 


17.1 


1.1 


4.2 


.8 


2.4 


.2 




4.2 


23.5 


23.0 


280.4 


235.6 


Apr. 


20.0 


1.2 


6.2 


- 


.2 


.1 




2.8 


15.3 


24.7 


291.9 


101.8 


May 


38.3 


1.2 


14.6 


.4 


8.2 


.2 




4.3 


13.7 


17.3 


348.5 


113.7 


June 


38.3 


1.3 


20.2 


.1 


164.5t 


.2 




5.5 


22.1 


19.3 


303.4 


192.8 


July 


38.3 


1.3 


28.3 


.1 


206.4t 


.2 


.2 


6.8 


37.2 


19.6 


221.0 


183.9 


Aug. 


28.6 


.7 


15.1 


- 


68.5t 


.2 


.2 


8.6 


35.5 


15.2 


235.9 


216.2 


Sept. 


24.5 


1.1 


15.5 


.4 


9.4 


.3 


.2 


6.6 


33.0 


21.5t 


334.1 


233.8 


Oct. 


27.1 


1.4 


25.0 


.1 


33.9 


.4 


.3 


8.4 


25.4 


26.4 


273.9 


266.8 


Nov. 


38.0 


1.1 


19.9 


- 


118.5 


.5 


.4 


8.9 


27.8 


25.5 


330.4 


167.8 


Dec. 


24.7 


1.3 


34.1 


- 


36.6 


.4 


.2 


8.4 


14.2 


28.6 


234.6 


146.8 


1953-Jan. 


18.7 


.8 


6.0 


.1 


21.5 


.3 


.1 


3.5 


16.9 


21.3 


231.1 


138.3 


Feb. 


14.0 


.7 


4.1 


" 


12.8 


.3 


.8 


1.8 


19.4 


25.7 


220.0 


130.2 





Wood 
Pulp 


News- 


Autos 
and 


Aluminum 
(unmanu- 


Copper 
(unmanu- 


Lead 

(unmanu- 


Zinc 

(unmanu- 


Nickel 
(unmanu- 


Silver 
(unmanu- 


Asbestos 
(unmanu- 


Fertilizer 


New Gold 
Production 




pnnt 


Trucks 


factured) 


factured) 


factured) 


factured ) 


factured) 


factured) 


factured) 




for Export 




Thous. Ions 


Thous. tons 


Thous. 


Thous. tons 


Thous. tons 


Thous. tons 


Thous. tons 


Thous. tons 


Thous. 
fine oz. 


Thous. tons 


Thous. tons 


Thous. 
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 


1952 


























l2-mtbs ending 


























Feb. 1953 


1,868 


5,306 


61 


468 


184 


166 


364 


144 


18,691 


897 


766 


4,499 


Monthly 


























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 


44.5t 


17.3t 


13.4 


24.9 


11.9 


1,366.2 


75.6 


58.7 


277.2 


Sept. 


139.3 


415.5 


6.8 


39.1 


15.1 


15.5 


24.6 


12.2 


801.0 


83.3 


61.2 


374.7 


Oct. 


157.8 


426.2 


8.2 


41.3 


15.1 


16.4 


36.4 


10.6 


1,448.3 


78.1 


65.9 


296.2 


Nov. 


161.7 


498.6 


5.8 


35.1 


14.9 


17.3 


31.0 


12.3 


1.133.0 


69.8 


58.8 


395.4 


Dec. 


164.6 


427.7 


3.6 


35.2 


8.8 


9.6 


27.5 


9.2 


1,455.5 


88.6 


60.7 


398.9 


1953-Jan. 


158.2 


458.9 


3.9 


35.5 


16.1 


18.9 


40.7 


13.3 


2,148.7 


63.5 


67.6 


460.3 


Feb. 


127.4 


372.9 


4.8 


38.1 


20.6 


10.4 


27.6 


11.2 


1,347.3 


63.3 


71.3 


459.9 



(1; Includes foreign trade of Newfoundland as from April 1, 194">. Where quantity is shown in tons, a siiort ton of 2000 lbs. has been used. 
(2) After July 1935, export figures are based on Board of Grain Commissioners' data rather than Customs' clearances, t Revised. 



APRIL 1953 



72 



XX— MERCHANDISE IMPORTS : COMMODITY CLASSIFICATION BY VOLUME*" 

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





















Cotton 


Cotton 


Wool 


Wool 

(yams, 

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. civt. 


Thous. cwt. 


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 


1952 


2,819 


11,024 


111 


11,864 


98 


46 


34 


3,995 


181 


51 


32 


12 


12-mth» ending 


























Jan. 1953 


2,833 


10,976 


764 


11,598 


97 


46 


30 


3,998 


175 


53 


35 


13 


Monthly 
1951-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 


59.5t 


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 


.7t 


342.0 


6.1 


3.9 


4.7 


1.2 


Sept. 


260.0 


726.8 


8.5 


1,321.0 


7.9 


4.3 


.5 


443.7 


12.0 


4.2 


2.6 


1.1 


Oct. 


238.9 


628.3 


22.3 


1,972.2 


8.4 


3.8t 


.5 


405.9 


17.5 


5.3 


2.4 


1.3 


Nov. 


194.6 


790.7 


31.5 


1,602.9 


8.9 


5.9 


.8 


348.4 


20.8 


5.1 


2.2 


1.4 


Dec. 


196.1 


1,695.5 


46.4 


528.0 


8.7 


3.8 


.8 


415.0 


22.3 


5.2 


2.2 


1.2 


1953-Jan. 


158.7 


762.9 


51.5 


69.9 


8.5 


4.0 


1.7 


317.2 


20.4 


5.6 


4.2 


1.6 





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. 


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 


69 


15 


1,362 


126 


1947 


11 


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 


684 


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 


1952 


81 


4,268 


156 


179 


673 


339 


39 


2,455 


88 


25 


2,897 


1,043 


12-mtbs ending 


























Jan. 1953 


80 


4,268 


170 


170 


645 


308 


41 


2,452 


83 


24 


2,930 


1,052 


Monthly 
1951-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 


Sept. 


5.1 


1,029.0 


8.7 


14.4 


55.4 


25.5 


3.1 


318.4 


5.2 


2.7 


262.4 


121.4 


Oct. 


6.9 


949.1 


14.4 


14.5 


57.6 


31.0 


3.6 


254.1 


4.1 


2.6 


251.1 


100.9 


Nov. 


6.4 


642.7 


33.8 


13.5 


51.2 


25.8 


2.4 


198.9 


10.1 


2.2 


255.9 


106.5 


Dec. 


9.3 


212.5 


24.7 


10.3 


49.7 


18.3 


2.0 


176.2 


5.2 


1.5 


241.3 


116.5 


1953-Jan. 


8.3 


16.6 


25.2 


13.1 


47.1 


19.8 


2.8 


28.5 


5.0 


1.2 


263.9 


71.4 



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



Where quantity is shown in 



(^) 



TtiE LIBRARY 

4iJN i 7 ISS* PERIODICALS DEPT. 

UNIVERSITY OF MANITOBA 

TATISTICAL" SUMMARY 

BANK OF CANADA 



Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 73-74 

II Chartered Banks: 

Liabilities and Assets 73-74 

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 

Chartered Banks: Current Loans to the Public in Canada ... 77 

Chartered Banks: Public Savings Deposits 78 

IV Government Bond Yields and Treasury Bill Rates 78 

V Foreign Exchange Rates 79 

United States Dollar in Canadian Funds 79 

VI Official Holdings of Gold and U.S. Dollars 79 

VII Business Activity 80 

VIII Canadian Balance of International Indebtedness 80 

IX Canadian Balance of International Payments: 1951 and 1952 . . . 81-82 

X Profit Statistics for 443 Companies : 1946-1952 83 

XI Newsprint : North America 84 

XII Labour Force Status of the Population 84 

XIII Price Indexes 85 

XIV U.S. Economic Statistics 85 

XV External Trade and Trade Indexes 86 

XVI Domestic Exports : Commodity Classification by Destination ... 87 

Value of Selected Exports 88 

Value of Imports from U.S 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 1953 



73 

Millions of Dollars 



MAY 1963 
I— BANK 



As at Dec. 31 
1935 
1937 
1939 

1946 

1947 
1948 
1949 
1950 
1951 
1952 
End of 
1952— Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1953— Jan. 
Feb. 

Mar. 
Apr. 



LIABILITIES 



Chartered Bank Cash 



Notes 
in Tills 



53.9 
70.6 

176.9 
183.9 
190.8 
211.8 
231.3 
273.1 
272.5 

175.6 
207.5 
234.8 
190.6 
219.6 
235.3 
197.4 
238.1 
194.6 
204.9 
272.5 

213.4 
191.5 
232.3 
232.7 



Deposits 

at 
B. of C. 



181.6 
196.0 
217.0 

565.5 
536.2 
547.3 
541.7 
678.6 
619.0 
626.6 

616.7 
656.5 
645.7 
579.4 
578.0 
595.5 
614.7 
588.2 
668.8 
607.3 
626.6 

603.1 
668.0 
601.1 
646.7 



Total 



222.2 
249.9 
287.6 

742.3 
720.1 
738.1 
753.5 
809.9 
892.1 
899.1 

792.3 
864.0 
880.S 
770.0 
797.6 
830.7 
812.1 
826.3 
863.4 
812.2 
899.1 

816.5 
859.5 
833.4 
879.3 



Govt, of 
Canada 
Deposits 



17.9 
11.1 
46.3 

60.5 
68.8 
98.1 
30.7 
24.7 
94.9 
16.2 

88.5 
14.6 
14.3 
21.9 
26.8 
51.6 
52.0 
30.7 
18.8 
15.0 
16.2 

40.5 



48.3 



Other 
Deposits 



3.5 
17.9 

93.8 

67.5 
81.0 
126.9 
207.1 
66.1 
44.5 

52.1 
66.1 
41.7 
44.6 
48.5 
41.6 
47.4 
49.4 
56.0 
65.1 
44.5 

47.6 
61.4 
66.5 
76.8 



Foreign 
Currency 
Deposits'' 



1.0 
2.0 
.4 
79.6 
133.6 
155.6 
82.9 

84.7 
68.5 
77.5 
82.8 
48.4 
70.0 
82.1 
78.8 
48.4 
73.5 
82.9 

70.2 
77.4 
71.0 
73.4 



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 
1,288.7 

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 
1,293.9 
1,288.7 

1,266.2 
1,281.3 
1,261.1 
1,272.1 



All 

Other 

Accounts 



7.7 
14,4 
13.3 

41.7 
40.4 
42.7 
39.5 
39.0 
44.4 
50.0 

27.8 
30.1 
31.5 
34.3 
45.6 
41.3 
40.0 
65.1 
51.4 
51.8 
50.0 

60.0 
31.8 
34.1 
37.2 



Total 
Liabilities 



Assets 



MAY 1953 
OF CANADA 



74 

Millions o} Dollars 



ASSETS 



Gold 



307.7 
390.3 
S27.2 

1,948.6 
1,926.2 
2,058.6 
2,125.9 
2,350.3 
2,444.1 
2,381.4 

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 
2,311.4 
2,381.4 

2,300.9 
2,390.1 
2,326.7 
2,387.2 



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. 



II- 



Millions of Dollars 



-CHARTE 

Bank of 



As at Dec. 31 
1926 
1929 
1933 
1937 

1947 

1949 

1950 

1951 

1952 

End of 
1952— Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1953— Jan. 
Feb. 
Mar. 
Apr. 



LIABILITIES 



Notes 



175 

175 
132 
102 

18 
14 



Deposits 



Demand 



609 
729 
502 
699 

2,296 
2,426 
2,770 
2,963 
3,242 

2,889 
2,851 
2,987 
2,885 
2,895 
3,026 
3,068 
3,106 
3,242 

2,974 
2,949 
2,936 
3,115 



Notice 



Govt, of 

Canada 

and Prov. 



1,373 
1,434 
1,357 
1,583 

3,740 
4,333 
4,658 
4,612 
4,924 

4,757 
4,769 
4,792 
4,836 
4,870 
4,901 
4,901 
4,916 
4,924 

4,945 
5,008 
5,067 
5,107 



Canadian 
Deposits 



31 
92 
61 
53 

376 
367 
500 
322 
256 

340 
360 
341 
359 
311 
264 
351 
269 
255 

270 
362 
455 
419 



2,025 
2,270 
1,933 
2,387 

6,473 
7,348 
7,997 
8,088 
8,623 

8,115 
8,078 
8,273 
8,262 
8,241 
8,395 
8,529 
8,501 
8,623 

8,357 
8,471 
8,618 
8,827 



Foreign 



Total 
Deposits 



334 
442 
322 
409 

824 
730 
735 
795 



847 
864 
835 



845 
876 



915 



(1) Estimated month-end deposits payable in Canadian 



2,410 
2,820 
2,294 
2,819 

7,406 
8,177 
8,867 
9,003 
9,570 

9,062 
9,037 
9,261 
9,165 
9,160 
9,333 
9,445 
9,435 
9,570 

9,275 
9,437 
9,586 
9,815 



Cash 
in O) 
Canada 



228 
228 
196 
250 

720 
753 
810 
892 



881 
770 
798 
831 
812 



812 



817 



833 
879 



Securities 



Govt, of 
Canada 



Prov- 
incial 



304 

297 

651 

1,111 

3,116 
3,112 
3,079 
2,754 
2,784 

2,917 
2,968 
2,953 
3,029 
3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 



445 
416 
355 
379 

310 
315 
306 
309 
326 
368 
380 
392 
379 

330 
322 
308 
309 



Foreign 
Govt. 



Other 



180 
151 
210 



59 

271 
242 
193 
200 
255 

291 
266 
256 
249 
244 
262 
233 
230 
255 



260 
236 
248 



242 

487 
546 
599 
567 
537 

550 
552 
553 
548 
645 
545 
543 
545 
537 

522 
529 
514 

540 



Silver 



1.6 
3.0 



Foreign*** 
Exchange 



4.2 
14.9 
64.3 

1.0 
2.0 
.5 
74.2 
111.7 
117.9 
77.2 

, 70.4 
60.2 
72.4 
78.4 
43.9 
63.1 
75.0 
73.6 
42.9 
67.6 
77.2 

64.4 
72.1 
65.7 
68.1 



Securities 



30.9 
82.3 
181.9 

1,197.4 
1,022.0 
1,233.7 
1,781.4 
1,229.3 
1,141.8 
1,459.8 

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 
1,214.3 
1,459.8 

1,351.2 
1,411.9 
1,371.0 
1,436.6 



83.4 
91.6 
49.9 

708.2 
858.5 
779.1 
227.8 
712.5 
1,049.3 
767.2 

1,027.6 
882.2 
874.7 
824.6 
817.8 
843.9 
852.9 
870.9 
896.1 
957.3 
767.2 

803.0 
817.5 
810.9 
796.0 



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 

Securitie 



12.2 



5.5 

247.9 

89.0 

13.0 

27.3 
11.7 
21.6 
11.2 
11.1 
11.1 
11.0 
11.0 
35.8 
12.4 
13.0 

13.4 
14.2 
14.5 
15.0 



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 
2,265.0 

2,138.0 
2,098.8 
2,112.7 
2,064.5 
2,105.3 
2,160.1 
2,192.2 
2,170.6 
2,243.6 
2,208.9 
2,265.0 

2,192.6 
2,268.6 
2,221.3 
2,272.7 



Advances 



3.5 



All 

Other 

Accounts 



3.6 
6.6 
6.5 

27.1 
18.7 
20.4 
12.0 
24.0 
21.0 
39.2 

35.9 
70.0 
37.4 
37.5 
39.9 
35.1 
33.6 
34.6 
42.6 
34.8 
39.2 

43.8 
49.5 
39.8 
46.4 



As at Dec. 31 
1935 
1937 
1939 

1946 

1947 

1948 

1949 

1950 

1951 

1952 

End of 
Feb.— 1952 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.— 1953 
Feb. 
Mar. 
Apr. 



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



RED BANKS 

Canada 



Millions of Dollars 



ASSETS 



Total 



i 



(2) Includes inter-bank deposits. (3) Until March 1935. Gold and Coin in Canada, Domin 



5is^^i^s^f^;si^^=i??-?s^~^E:jf;H^^ 



484 

448 

861 

1,411 

3,874 
4,345 
4,286 
3,876 
3,955 

4,068 
4,100 
4,067 
4,135 
4,139 
4,202 
4,147 
4,006 
3,955 

3,981 
4,042 
4,082 
4,135 



Loans 



151 

262 

106 

76 

105 
133 
134 
107 
155 

140 
132 
138 
145 
147 
135 
130 
121 
155 

135 
141 
140 
152 



970 

1,403 

898 

749 

1,921 
2,174 
2,651 
2,901 
3,188 

2,800 
2,845 
2,892 
2,928 
2,927 
2,979 
3,096 
3,243 
3,188 

3,178 
3,181 
3,262 
3,372 



85 
122 
138 
113 

78 
97 
125 
127 
101 

161 
167 
156 
125 
121 
114 
116 
108 
101 

115 
120 
132 
136 



273 

245 

90 

60 

56 
70 
100 
131 
170 

138 
156 
165 
167 
135 
110 
145 
156 
170 

158 
186 
147 
178 



270 
251 
138 
166 

234 
211 

247 
278 
264 

279 
287 
269 
268 
256 
265 
263 
273 
264 

266 
265 
274 
270 



Total 

Assets 



2,940 
3,521 
2,816 
3,281 

7,974 
8,718 
9,496 
9,610 
10,157 

9,672 
9,634 
9,847 
9,737 
9,728 
9,907 
10,042 
10,038 
10,157 

9,872 
10,034 
10,182 
10,416 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (J) 
Canada 


Deposits 


Canadian 


Note (5) 




\t> 


Deposits 


Circulation 












Aver, of Daily Flgurei 


192 


1,958 


9.8 


195 


1926 


191 


2,293 


8.3 


206 


1929 


189 


1,941 


9.8 


157 


1933 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


746 


7,178 


10.4 


1,087 


1949 


756 


7,487 


10.1 


1,085 


1950 


791 


7,759 


10.2 


1,132 


1951 


845 


8,110 


10.4 


1,207 


1952 


848 


7,989 


10.6 


1,182 


Apr.— 1952 
May 


834 


8,063 


10.3 


1,185 


789 


8,096 


9.7 


1,199 


June 


848 


8,208 


10.3 


1,212 


July 


848 


8,200 


10.3 


1,222 


Aug. 


865 


8,183 


10.! 


1,231 


Sept. 


868 


8,393 


10.3 


1,246 


Oct. 


848 


8,443 


10.0 


1,265 


Nov. 


840 


8,314 


10.1 


1,282 


Dec. 


906 


8,426 


10.8 


1,230 


Jan.— 1953 


889 


8,296 


10.7 


1,232 


Feb. 


883 


8,407 


10.! 


1,245 


Mar. 


869 


8,618 


10.1 


1,267 


Apr. 



'^i^^i::^:™!^;^^^^^ 



7S 



Millions of Dollars 



MAY 1953 MAY 1953 

III— GENERAL PUBLIC HOLDINGS OF CERTAIN LIQUID ASSETS** 
Currency, Bank Deposits and Government of Canada Securities 

Bank of , Canada 



76 



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"' 

Chartered 

Bank 

Notice 


Total 

Currency 

and 

Bank 
Deposits 

Total 
Related 


Related Bank Assets 






Currency 
Outside Banks 






Active Bank Deposits 


(I) 






Total 

Currency 

and 


Government of Canada debt 

held by Bank of Canada 

and Chartered Banks 


Other Related Bank Assets 


(3) 










Chartered Banks 




Bank of 




Chartered Bank Can. Loans 
and non-Govt. Securities 


Bk. of Can. 
Gold and 
Exchange 


All 














Public 


Active 


Other 
excl. 


Total 


Less 


Net 


Canada 
"Other" 


Total 


Active 
Bank 


Deposits 


Less Govt. 


Net 
Total 


Canadian 


Non-Govt. 




Other 

{net) 

m 


Total 






Notes 


Coin 


Total 


Demand 


Notice 


Govt, of 
Canada 


Float 


Total 


Deposits 




Deposits 




Bank 
Assets 


Total 


Deposits 


Loans 


Securities 


Total 


holdings 
(net) 






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 


1952 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


1952 


1952— Apr. 


1,177 


83 


1,260 


2,889 


768 


418 


4,075 


S2S 


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.-1952 


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. 


Nov. 


1,294 


89 


1,383 


3,106 


790 


403 


4,299 


618 


3,681 


65 


3,746 


5,129 


4,125 


9,254 


5.011 


92 


4,919 


3,471 


937 


4,408 


1 


74 


4,335 


Nov. 


Dec. 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


Dec. 


1953— Jan. 


1,266 


87 


1,353 


2,974 


805 


371 


4,150 


540 


3,610 


48 


3,658 


5,011 


4,139 


9,150 


5,017 


108 


4,909 


3,428 


852 


4,280 


2 


40 


4,242 


Jan.-1963 


Feb. 


1,281 


88 


1,369 


2,949 


816 


363 


4,128 


547 


3,581 


51 


3,632 


5,001 


4,192 


9,193 


5,169 


239 


4,930 


3,442 


851 


4,293 


2 


32 


4,263 


Feb. 


Mar. 


1,261 


88 


1,349 


2,936 


824 


450 


4,210 


585 


3,625 


67 


3,692 


5,041 


4,242 


9,283 


5,205 


225 


4,980 


3,534 


822 


4,356 


2 


55 


4,303 


Mar. 


Apr. 


1,272 


89 


1,361 


3,115 


811 


415 


4,341 


571 


3,770 


77 


3,847 


5,208 


4,296 


9,504 


5,271 


238 


5,033 


3,660 


849 


4,509 


2 


40 


4,471 


Apr. 



2. GOVERNMENT OF CANADA SECURITIES 



Outstanding <«) 



Direct Funded Debt 



Unmatured 



Special 
Banking 
Issues*"' 



1,200 
1,500 
1,400 
1,400 

1,400 
1,400 
1,400 
1,500 
1,500 
1,500 
1,500 
1,400 
1,400 

1,375 
1,500 
1,550 
1,600 



Other 
market 
Issues 



12,755 
12,586 
12,225 
12,020 

12,173 
12,173 
12,173 
12,173 
12,172 
12,172 
12,172 
12,021 
12,020 

12,080 
12,080 
12,055 
12,055 



Non- 
market 
Debt"") 



1,227 
1,218 
1,194 
1,250 

1,102 
1,081 
1,061 
1,044 
1,029 
1,011 
1,032 
1,273 
1,250 

1,237 
1,225 
1,206 
1,190 



Total 



15,182 
15,304 
14,819 
14,670 

14,675 
14,654 
14,634 
14,717 
14,701 
14,683 
14,704 
14,694 
14,670 

14,692 
14,805 
14,811 
14,845 



Matured 

and 

out- 
standing 



53 
51 
21 
19 

22 
21 
21 
21 
20 
19 
19 
19 
19 

19 
18 
20 
19 



Total 



15,236 
15,355 
14,840 
14,689 

14,697 
14,675 
14,655 
14,738 
14,721 
14,702 
14,722 
14,713 
14,689 

14,710 
14,824 
14,831 
14,864 



Guar- 
anteed 

Un- 
matured 
Funded 
Debt 



Exchange 
rate ad- 
justment 

(U) 



548 
577 
529 
528 

529 
529 
529 
529 
528 
528 
528 
528 
528 

528 
528 
528 
528 



■^ The term General Public refers to holdings of non-residents as well as 
residents; for an approximate division between resident and non-resident 
holdings on a quarterly basis see Table III, page 77. 

For a division of resident holdings between corporate and non-corporate 
holdings as at year ends see Statistical Summary September 1952 Table 
lll-o, pages 145-146. 

* Chartered banks' Newfoundland branches have been included since 
April 1. 1949, 

(1) Total Canadian dollar deposits of the chartered banlss and tlie Bank of 
Canada less: (a) Inactive chartered bank notice deposits which consist of 
tlie estimated aggregate minimum quarterly balances in chartered banks' 
personal savmgs deposits in Canada plus non-personal notice deposits in 



Total 

(including 
exchange 
rate adjust- 
ment) 



36 

2 

27 

43 

40 
40 
44 
46 
48 
48 
45 
41 
43 

43 
38 
38 
36 



15,819 
15,934 
15,342 
15,174 

15,186 
15,164 
15,140 
15,221 
15,201 
15,182 
15,205 
15,199 
15,174 

15,195 
15,314 
15,321 
15,356 



Bank 

of 

Canada 



2,009 
1,942 
2,191 
2,227 

2,066 
2,028 
2,069 
2,124 
2,166 
2,135 
2,183 
2,172 
2,227 

2,154 
2,229 
2,182 
2,233 



Distrib ution<"> 



Chartered 
Banks 



3,112 
3,079 
2,754 
2,784 

2,917 
2,968 
2,953 
3,029 
3,024 
3,028 
2,991 
2,839 
2,784 

2,863 

2,940 
3,024 
3,038 



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 tlic Government of Canada at the chartered banks and the Bank ol 
Canada (shown in "Related Bank Assets" section); (d) Canadian dollar 
deposits 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 classification of Canadian loans see Table V 
page 60. 

(6) Provincial, Municipal and "Other" securities. 



Govern- 
ment 
Accounts 



796 

847 

1,009 

1,101 

1,007 
1,013 
1,028 
1,040 
1,052 
1,071 
1,083 
1,096 
1,101 

1,101 
1,096 
1,093 
1,090 



General 
Public 



9,902 
10,066 
9,388 
9,062 

9,196 
9,155 
9,090 
9,028 
8,969 
8,948 
8,948 
9,092 
9,062 

9,077 
9,049 
9,022 
8,995 



3 


TOTAL OF CERTAIN LIQUID ASSETS HELD BY THE GENERAL PUBLIC, 






AND RELATED FACTORS 








LIQUID Assets 


Total 
Liquid 

Assets 

Total 
Related 
Factors 


Related Facfors"" 




Currency 

and 

Active 

Bank 

Deposits 


Inactive 
Char- 
tered 
Bank 
Notice 

Deposits 


Govt, of Canada 
Securities 


Bank 

Assets 

other than 

Govt, of 

Canada 

Securities 

<U) 


Govt, of 
Can. Debt 
less Govt. 
Deposits & 
holdings of 
Govt.Accts 




Market 
Issues 

(U) 


Non- 
market 
do) 


Total 




















as at Dec. 31 


4,422 


3,761 


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 


5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,065 


1952 

End of 


4,849 


31989 


8,094 


1,102 


9,196 


18,034 


3,920 


14,114 


Apr.-1952 


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. 


5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,054 


Dec. 


5,011 


4,139 


7,840 


1,237 


9,077 


18,227 


4,242 


13,985 


Jan.-1953 


5,001 


4,192 


7,824 


1,225 


9,049 


18,242 


4,263. 


13,979 


Feb. 


5,041 


4,242 


7,816 


1,206 


9,022 


18,305 


4,303 


14,002 


Mar. 


5,208 


4,296 


7,806 


1,190 


8,995 


18,499 


4,471 


14,028 


Apr. 



(7) Net of all related asset and liability items of the chartered banks and Bank 
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 
Summary, Sept. 1952. 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. . 

(101 Refundable Tax, War Savings Certificates and Canada Savmgs Bonds. 

(1 1) Adjustment necessary to change value of foreifin pay securities from £1 - 
4.86i U.S. = 4.861 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 Summary, Sept. 1952, 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. 



77 



MAY 1953 



III— GENERAL PUBLIC HOLDINGS OF CERTAIN LIQUID ASSETS 

Resident and Non-Resident Holdings : Approximate Division 



(1) 



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 


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 


8,220 


1,168 


9,388 


16,581 


1,544 


18,125 


1952t 


4,977 


196 


5,173 


4,017 


112 


4,129 


8,097 


965 


9,062 


17,091 


1,273 


18,365 


Month-end 


























1952— Mar. 


4,568 


233 


4,801 


3,835 


143 


3,978 


8,094 


1,126 


9,220 


16,497 


1,502 


17,999 


June 


4,635 


235 


4,870 


3,885 


134 


4,019 


8,008 


1,082 


9,090 


16,528 


1,451 


17,979 


Sept. 


4,761 


254 


5,015 


3,995 


119 


4,114 


7,931 


1,017 


8,948 


16,687 


1,390 


18,077 


Dect 


4,977 


196 


5,173 


4,017 


112 


4,129 


8,097 


965 


9,062 


17,091 


1,273 


18,365 


1953— Mar. 


4,821 


220 


5,041 


4,108 


134 


4,242 


8,056 


966 


9,022 


16,985 


1,320 


18,305 



(1) See footnotes to Table III, pages 75-76. f Revised. 



CHARTERED BANKS: CURRENT LOANS TO THE PUBLIC IN CANADA 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



3450 



3150 



2850 



2550 



2250 



3450 



3150 



2850 




2550 



2250 



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



MAY 1953 



78 



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 


1952 


3.59 


3.58 


3.22 


2.69 


Monthly 










1952— 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 


Tune 


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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 


Feb. 


3.65 


3.62 


3.44 


3.08 


Mar. 


3.65 


3.56 


3.43 


3.11 


Apr. 


3.66 


3.56 


3.43 


3.14 


May 


3.69 


3.62 


3.48 


3.21 



Long Term 


Market Yields 


Average of Business Days 


Canada") 


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 


3.54 


4.23 


2.64 


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 


3.59 


4.16 


2.74 


3.60 


4.09 


2.77 


3.60 


3.97 


2.85 


3.62 


3.87 


2.90 


3.64 


3.83 


3.05 



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 


1.076 


2.167 


1.795 


.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 


1.349 


2.415 


2.138 


1.349 


2.398 


2.124 


1.473 


2.432 


1.993 


1.503 


2.232 


2.098 


1.528 


2.415 


2.219 


1.530 


2.383 


2.271 



(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 2H% due Dec. 15, 1963-68. It was not eligible for commercial banks before Dec. 1, 1952. 



CHARTERED BANKS: PUBLIC SAVINGS DEPOSITS 



MILLIONS OF DOLLARS 

5200 



5000 



MILLIONS OF DOLLARS 



4800 



4600 



4400 



^^*4800 




5200 



5000 



4600 



4400 



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



t ^^^rwr-msrmsfn 



79 



MAY 1953 



Cents per Unit 



V— FOREIGN EXCHANGE RATES 

Bank of Canada 



(1) 



Business 
Days 


U.S. Dollar in Canada 


£ Sterling in Canada 


High 


Low 


Noon Average 

of business 

days 


High 


Low 


Noon Average 

of business 

days 


1946 


110.25 


100.25 


105.75 


444.00 


403.00 


425.54 


1947 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1948 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1949 


110.25 


100.25 


103.08 


403.00 


308.00 


376.13 


1950 


110.25 


103.25 


108.92 


308.00 


289.25 


304.44 


1951 


107.31 


101.19 


105.28 


300.50 


281.38 


294.68 


1952 


101.31 


95.88 


97.89 


281.25 


266.75 


273.40 


1952-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. 


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 


1953-Jan. 


97.38 


96.75 


97.05 


273.56 


272.38 


273.05 


Feb. 


98.44 


97.00 


97.73 


277.50 


273.44 


275.55 


Mar. 


98.63 


97.75 


98.33 


277.63 


275.31 


276.92 


Apr. 


98.63 


98.00 


98.37 


277.94 


275.69 


277.13 


May 


99.78 


98.66 


99.41 


280.94 


278.06 


279.80 



(1) Prior to October 2, 1950, tiiere were official buying and selling rates for the U. S. $ & £ in Canada. 
The rates used in the table prior to this date are the mid-rates between official buying and selling rates, 
or the averages thereof. Accordingly the "High" differs from the "Low" only in the years when the 
official rate was changed. Effective October 2, 1950, official rates were discontinued and rates there- 
after are noon rates as reported on transactions between banks in the exchange market. Commencing 
with 1950, averages are based on five-day week quotations. 



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

mm. U.S. Dept. of Finance 



End 




US 




of 
period 


Gold 


Dollars 


Total 


1946 


536.0 


708.9 


1,244.9 


1947 


286.6 


215.1 


501.7 


1948 


403.1 


596.5 


997.8 


1949 


486.4 


630.7 


1,117.1(2) 


1950 


580.0 


1,161.5 


1,741.5 


1951 


841.7 


936.9 


1,778.6 


1952 


885.0 


975.2 


1,860.2 


1952-May 


876.2 


930.5 


1,806.7 


June 


884.4 


943.3 


1,827.7 


July 


878.2 


966.8 


1,845.0 


Aug. 


873.9 


974.0 


1,847.9 


Sept. 


883.1 


972.5 


1,855.6 


Oct. 


875.3 


980.7 


1,856.0 


Nov. 


875.5 


966.5 


1,842.0 


Dec. 


885.0 


975.2 


1,860.2 


1953-Jan. 


888.5 


978.3 


1,866.8 


Feb. 


892.9 


944.2 


1,837.1 


Mar. 


905.8 


939.5 


1,845.3 


Apr. 


913.7 


930.0 


1,843.7 


May 


923.0 


838.2 


1,761.2 



(1) Gold and U.S. dollars held by the Exchange Fund 
Account and Bank of Canada and U.S. dollars held by 
other Govt, of Canada Accounts. 

(2) Exclusive of $18.2 mm. set aside out of the proceeds of 
a refunding issue for the purpose of retiring on Feb. 1, 
1950, a security issue guaranteed by the Govt, of 
Canada and payable in U.S. dollars. 



UNITED STATES DOLLAR IN CANADIAN FUNDS 

CANADIAN DOLLARS CANADIAN DOLLARS 




MAY 1953 



80 



VII— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





Production 


Res- 
idential 

Con- 
struction 


Car 
Loadings 


Value 

of 

Department 


Employ- 
ment 
Index 

(S) 


Aggregate 
Payrolls 










News- 


Central 


Index 

(6) 




Gold 


Nickel 


Steel 


print 
(I) 


Electric 


Cnntracf s 




Store Sales 














Stations <*) 


Awarded <" 




(4) 


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) 






















1926 


1,754 


33 


869 


2,068 


9,354 


110 


3,268 






* 


1929 


1,928 


55 


1,543 


2,984 


13,897 


129 


3,532 


* 


* 


* 


1933 


2,949 


42 


459 


2,282 


12,812 


24 


2,031 


242 


* 


* 


1937 


4,096 


112 


1,571 


3,998 


17,934 


56 


2,634 


289 


* 


* 


1947 


3,070 


119 


2,946t 


4,820 


37,376 


197 


3,957 


707 


158.3 


245.2 


1948 


3,530 


132 


3,200t 


4,983 


40,607 


373 


4,060 


803 


165.0 


282.9 


1949 


4,124 


129 


3,190t 


5,176 


42,103 


464 


3,907 


855 


165.5 


303.7 


1950 


4,441 


124 


3,384 


5,279 


46,086 


542 


3,906 


873 


168.0 


321.8 


1951 


4,393 


138 


3,569t 


5,516 


51,916 


437 


4,183 


902 


180.2 


381.3 


1952 


4,472 


140 


3,722 


5,687 


55,568 


511 


4,160 


978 


184.7 


426.0 


12-mths. ending 






















Apr. 1953 


4,505** 


140** 


3,799** 


5,688 


56,606** 


580 


4,099 


998 


186.3 


438.3 


Monthly 






















1952— 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. 


372.2 


11.9 


289.1 


486.5 


4,457 


41.3 


354 


69.6 


188.8 


433.3 


Sept. 


383.2 


10.9 


288.0 


461.5 


4,571 


42.3 


362 


84.3 


190.6 


442.7 


Oct. 


403.1 


11.7 


307.9 


502.8 


4,927 


51.6 


392 


97.3 


192.6 


452.2 


Nov. 


388.3 


11.3 


308.6 


463.4 


4,805 


60.1 


350 


108.0 


192.3 


455.8 


Dec. 


391.3 


11.7 


319.7 


463.4 


5,048 


36.7 


334 


137.2 


192.2 


459.5 


1953— Jan. 


372.7 


12.5 


346.6 


473.6 


5,106 


21.5 


315 


63.8 


187.0 


428.7 


Feb. 


352.9 


10.6 


326.1 


439.2 


4,681 


35.2 


282 


61.5 


182.5 


441.1 


Mar. 


379.2 


12.2 


367.0 


484.3 


5,131 


46.3 


320 


77.2t 


182.0t 


445.0 


Apr. 








480.3 




76.4 


323 


78.3 


181.8 


443.6 



(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. Includes Newfoundland commencing February 1950. (4) Excludes 

Newfoundland. (5) 9 Leading industries. First of month figures. (6) Average of months in case of Employment and Payrolls Indexes. 

* Not available. •* 12 mths. ending Mar. 1953. f Revised. 



VIII— CANADIAN BALANCE OF INTERNATIONAL INDEBTEDNESS 

Billions of Dollars "The Canadian Balance of International Payments, 1952", Dominion Bureau of Statistics 



End of Year 


1939 


1945 


1946 


1947 


1948 


1949 


1950 


1951 


1952 


A. Canadian Liabilities (Foreign Capital Invested in Can.): 

United States investment in Canada 

United Kingdom investment in Canada 

Other countries investment in Canada 

Total — ■ Non-resident long-term investment in Canada. . . 

Equity of non-residents in Canadian assets abroad 

Canadian dollar holdings of non-residents 


4.2 
2.5 
0.3 

6.9 

0.2 
0.3 

7.4 

0.7 
0.7 

1.4 

0.5 

1.9 
5.5 


5.0 

1.7 
0.4 

7.1 

0.2 
0.3 

7.6 

0.7 
0.6 

0.7 

2.0 

1.7 
0.1 

3.8 

3.9 


5.2 
1.6 
0.4 

7.2 

0.3 
0.4 

7.8 

0.8 
0.6 
1.4 

2.7 

1.3 

4.0 

3.8 


5.2 
1.6 
0.3 

7.2 

0.3 
0.3 
0.3 

8.1 

0.8 
0.6 
1.8 
0.4 

3.6 

0.5 

4.1 
4.0 


5.6 
1.6 
0.3 

7.5 

0.3 
0.3 
0.3 

8.4 

0.8 
0.6 
1.9 
0.4 

3.6 

1.0 

4.7 
3.7 


5.9 
1.7 
0.3 

8.0 

0.3 
0.4 
0.3 

8.9 

0.9 
0.6 
2.0 
0.4 

3.9 

1.2 
0.1 

5.2 

3.7 


6.6 
1.7 
0.4 

8.7 

0.3 
0.6 
0.3 

9.9 

1.0 
0.6 
2.0 
0.4 

4.0 

1.9 
0.1 

5.9 

4.0 


7.3 
1.8 
0.4 

9.5 

0.3 
0.4 
0.3 

10.5 

1.2 
0.6 
1.9 
0.4 

4.1 

1.8 
0.1 

5.9 

4.6 


8.0 
1.8 
0.4 

10.2 

0.3 
0.3 


Canadian short-term assets of IMF and IBRDO 


0.3 


Gross Liabilities (2) 


11.1 


B. Canadian Assets (Canadian Capital Invested Abroad): 

Direct investments abroad 


1.3 


Portfolio holdings of foreign securities 


0.6 


Government of Canada credits 

Government of Canada subscriptions to IMF and IBRDO. 

Total — Canadian long-term investment abroad 


1.9 
0.4 

4 2 


Government of Canadian official holdings of gold and foreign 
exchange 


1 8 


Other Canadian short-term assets abroad 


3 


Gross Assets'^' 


6.4 


Canadian Net indebtedness*^' 


4.7 







(1) International Monetary Fund and International Bank for Reconstruction and Development. 

(2) Exclusive of short-term commercial indebtedness and blocked currencies. 



81 



Millions of Canadian Dollars 



CURRENT ACCOUNT 



MAY 1953 MAY 1953 

IX— CANADIAN BALANCE OF INTERNATIONAL' PAYMENTS : 1951 AND 1952* 

Compiled from "The Canadian Balance of International Payments, 1952", Dominion Bureau of Statistics 



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'^' 

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. 



1951 



Receipts 



3,950 
145 
150 
274 
115 
351 
77 
249 



5,311 



2,326 
150 
258 

57 
164 

32 
191 



3,178 



636 



91 
14 
42 



3 

4 

23 

3 

3 



901 
221 



1,122 



366 

4 

14 

40 

22 

5 



451 



357 

1 

10 

33 

6 



Payments 



4,097 
145 

280 
450 
354 
70 
432 



5,828 



2,842 

246 
382 
276 
55 
328 



4,129 



417 
20 
57 
43 
10 
51 



598 



310 
5 

5 

1 
4 



325 



727 
196 



173 



355 
1 
2 
9 
1 
35 



403 



Balance 



147 

150 
6 

335 
3 
7 

183 



517 



516 
150 

12 
325 
112 

23 
137 



951 



219 
12 

27 
48 

4 



45 
2 
4 

18 
2 
1 



24 



174 
25 



193 
4 
5 
19 
19 
9 



24 
5 
27 



82 



Millions of Canadian Dollars 



1952* 



Receipts 



4,336 
197 
150 
276 
146 
360 
81 
313 



5,859 



2,345 
150 
258 

87 
163 

38 
250 



3,291 



727 
10 
29 
95 
18 
38 



917 



293 
3 
7 
20 
3 
5 



331 



1,020 
228 



1,248 



13 
43 

20 



561 



1 
10 
39 

2 
11 



562 



Payments 



3,846 
197 

336 
413 
358 
94 
464 



5,708 



2,813 

294 
344 
288 
77 
328 



4,144 



350 
25 
56 
40 
12 
57 



540 



185 
5 

4 

1 

21 



535 
221 



756 



149 
10 
11 
19 
3 
34 



349 
2 
2 
7 
1 
24 



385 



• Preliminary 

(1) Mutual Aid to NATO countries is included in the statement for all countries 
but not in tlie bilateral statements. It consists of contributions to North 
Atlantic Treaty countries of equipment and supplies and the provision of 
air training by the Canadian Government. The entries under "Receipts" 



Balance 



490 

150 
60 

267 
2 
13 

151 



151 



150 
36 
257 
125 
39 
78 



853 



377 
15 
27 
55 
6 
19 



377 



108 
2 
7 

16 
2 

16 



115 



485 
7 



492 



323 

6 

2 

24 

17 

25 



335 



150 

1 

8 

32 

1 

13 



177 



covering exports of goods and services are offset by entries of corresponding 
size under "Payments" representing the cost to the Government of Canada. 
"Other O.E.E.C. Countries" include ail the countries participating in the 
Organization for European Economic Co-operation which are not also 
members of the sterling area, namely, Austria, Belgium, Luxembourg, 



CAPITAL ACCOUNT 


1951 


1952' 


Receipts 


Payments 


Balance 


Receipts 


Payments 


Balance 


All Countries 

Net non-resident direct investment in Canada"' 

Net Canadian direct investment abroad'^' 


411 

309 
404 

7 


184 

39 
159 

24 

- 1 


309 
20 
68 

227 
38 
15 

192 
56 

128 


319 

341 
317 

1 

1 


89 

35 
75 

9 

5 


332 
64 
56 


Loan repayments to Government of Canada 


New issues and retirements of Canadian securities 

Net sales of outstanding Canadian securities 


230 
95 




10 


Change in Canadian dollar holdings of foreigners"' 

Increase in official holdings of gold and foreign exchange 
Other capital transactions, net''"' . 


66 

37 

497 






Net Capital Movement 


517 

270 
4 

245 
20 
17 
53 
39 
59 

436 


151 


United States'" 


306 




42 


New issues and retirements of Canadian securities 

Net sales of outstanding Canadian securities 


242 
105 




2 


Change in Canadian dollar holdings of foreigners''" 

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


36 

80 

442 




1,008 






Total Financing of Current Account Balance 

United Kingdom and Other Sterling Area 

Net non-resident direct investment in Canada"' 


951 

30 
6 

48 

17 

16 

1 

128 
17 
82 

176 


853 

14 
6 




37 


New issues and retirements of Canadian secujities 

Net purchases of outstanding Canadian securities 


8 
3 
3 


Change in Canadian dollar holdings of foreigners'" 

Increase or decrease in official holdings of sterling 


23 
43 

48 




501 






Total Financing of Current Account Balance 

Other O.E.E.C. Countries'*' 

Net non-resident direct investment in Canada"' . . .' 


199 

9 

5 
13 

1 
34 
11 

2 
260 


492 

12 

2 




16 


New issues and retirements of Canadian securities 


4 
8 


Change in Canadian dollar holdings of foreigners^*' 


5 
• 5 




365 






Total Financing of Current Account Balance 

All Other Countries 


223 

5 

7 

3 
11 


335 

14 




3 




5 




15 


Change in Canadian dollar holdings of foreigners'" 


2 
12 




142 






Total Financing of Current Account Balance 


12 


177 



Denmark. France, West Germany, Greece, Italy, Netherlands, Norway. 
Portugal, Sweden. Ssvitzerland and Turkey, and their overseas territories. 

(3) Excluding undistributed profits. 

(4) Excluding holdings of International Monetary Fund and International 



Bank for Reconstruction and Development. (S) Including changes in 
open account commercial indebtedness, private and chartered bank 
holdings of exchange and other capital transactions, and also balancing 
item representing unrecorded capital movements, errors and omissions. 
(6) Including some capital transactions on account of All Other Countries . 



83 



MAY 1953 



Millions of Dollars 



X— PROFIT STATISTICS FOR 443 COMPANIES"': 1946-52 

Bank of Canada 
SUMMARY STATEMENT 



NET INCOME TO STOCKHOLDERS: INDUSTRIAL CLASSIFICATION 



Fiscal Year Nearest to Calendar Year 


1946 


1947 


1948 


1949 


1950 


1951 


1952 


Net Operating Profit (Before Depreciation)*" 

Depreciation 


595 

115 

39 

25 


748 

130 

43 

24 


869 

155 

46 

28 


903 

193 

48 

32 


1,099 
216 

48 
37 


1,346 

248 

51 

39 


1,324 
289 


Non-Operating Income (Net) 


48 


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


45 


Net Profit before Income & E.P. Tax Provision*^\ . 
Income & E.P. Tax Provision (ex. Refundable Portion) 


494 
215 
279 


637 
258 


732 
251 


726 
257 


894 
345 


1,110 
522 


1,038 

489 


Net Income to Stockholders '""' 


379 


481 


469 


549 


588 


549 






Net Income Paid out in Cash Dividends 


213 

2 

64 


248 
131 


265 

10 

226 


291 
22 

200 


332 

20 

237 


335 

17 
270 


325 


Forced Saving (Refundable Portion of E.P. Tax) . . 
Other Undistributed Income 


2 
226 



Fiscal Year Nearest to Calendar Year 



Grain Mill Products. 

Food 

Beverages 

Tobacco 



Leather , 

Rubber 

Primary Textiles . 

Misc. 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 -Mining. 
Other Non-Ferrous Metals- Products 
Non-Metallic Minerals (ex. Fuels) . . 

Coal and Natural Gas 

Petroleum 

Chemicals 

Paints and Polishes 



Wholesale Trade and Service. 
Retail Trade and Service. . . . 
Electric and Other Utilities. . 

Telephones 

Transportation and Storage . . 
Grain Elevators 



Total of 443 Companies 443 



Number 
of Com- 
panies 



28 

11 

2 

5 

7 

15 

10 

21 

8 
14 
20 

9 

41 
40 
20 

34 
7 

11 

17 
5 
6 

13 
5 

30 

23 

16 

7 

9 

5 



1946* 



1.9 

6.4 
15.2 

.7 

.6 
4.6 
4.2 
3.7 
3.0 

1.2 

18.8 

4.2 

1.9 

14.2 

16.1 

6.4 

13.6 

68.6 

1.9 

6.3 

2.6 

25.4 

10.4 

1.2 

5.1 

13.5 

15.0 

10.3 

.7 

1.1 



278.8 



1947 



2.1 

8.2 

18.0 

.5 

.8 
9.7 
5.8 
4.5 
3.4 

3.8 

30.1 

6.4 

1.9 

20.2 
29.2 
11.9 

13.5 

101.2 

3.5 

7.9 

2.9 

29.5 

12.5 

1.6 

5.1 

14.8 

15.4 

11.7 

1.7 

1.0 

378.8 



1948 



2.3 

8.9 

18.8 

.5 

.7 
6.3 
9.0 
5.8 
3.5 

4.6 

40.1 

7.8 

2.0 

32.6 
42.8 
15.5 

14.2 
134.9 

3.8 
11.9 

3.9 
34.2 
16.2 

2.0 

7.4 

18.0 

16.3 

12.7 

2.8 

1.2 

480.7 



1949 



1.7 

8.6 

16.7 

.4 

.5 
2.8 
9.1 
4.9 
3.1 

2.9 

35.3 

7.5 

2.1 

36.6 
58.0 
19.8 

21.2 
107.1 

4.3 
12.8 

3.7 
36.6 
16.2 

1.5 

6.4 
18.5 
16.2 
9.5 
3.5 
1.5 

469.0 



1950 



1.5 

11.0 

15.6 

.3 

.4 

8.0 

10.9 

5.0 

3.0 

5.2 

45.1 

9.0 

2.4 

42.2 
60.1 
25.5 

21.7 
123.6 

5.7 
17.9 

4.2 
46.0 
18.5 

1.1 

7.4 

20.9 

18.8 

13.4 

3.1 

1.7 

549.2 



1951 



1.9 

9.7 

15.6 

.2 

.2 

10.8 

6.5 

4.3 

1.5 

4.9 

51.4 

9.7 

2.3 

43.6 
52.0 
21.6 

19.8 
155.1 

6.1 
17.3 

3.8 
62.7 
18.7 

1.5 

6.5 

16.4 

18.9 

19.4 

3.8 

2.0 

588.2 



1952 



1.7 
10.5 
15.1 

.4 

.2 
8.9 
5.0 
3.2 
2.3 

3.1 

36.6 

8.2 

2.6 

46.0 
50.9 

24.7 

16.4 

127.3 

5.4 

15.5 

4.1 

61.9 

17.2 

.7 

6.5 

20.9 

20.9 

26.3 

4.7 

2.3 

549.1 



(1) Compiled by Bank of Canada. Includes those companies whose assets in 
1952 were $200,000 or over, for which consistent reports were available 
subsequent to 1945 and for which 1952 statements were 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- 



(3) 
(4) 



ing to 2.1, 10.3, 6.6, 1.8, 5.6, -4.1 and -1.2, in the years 1946-1952 respect- 
ively), whether sliown by the company in operating expenses or as an 
adjustment to earned surplus, have been deducted in arriving at Net 
Operating Profit. 

Includes deferred development and depletion provision amounting to 
7.0, 7.2, 8.5, 7.8, 8.8, 9.0 and 7.4, in the years 1946-1952 respectively. 
Including the refundable portion of the Excess Profits Tax. 



MAY 1953 



84 



Thousands of Short Tons 



XI— NEWSPRINT : NORTH AMERICA 

"Monthly Newsprint Report" , Newsprint Association of Canada 





SUPPLY 


ESTIMATED CONSUMPTION 


STOCKS 




Production 


Imports 

from 
Europe 


Less 
Exports 
Overseas 


Total 
Supply 


U.S. 
Publishers 


(1) 
Canadian 
Publishers 


Total 






(1) 
Canada 


U.S.A. 


Total 


Net 
Increase 


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 


5,056 


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 


171t 


223 


6,241 


5,937 


355 


6,292 


-50t 


1951 


5,516 


1,125 


6,641 


206 


378 


6,469 


5,975 


360 


6,335 


135 


1952 


5,687 


1,147 


6,834 


183 


530 


6,487 


5,988 


369 


6,357 


130 


12-mths. ending 






















Apr. 1953 


5,688 


1,117 


6,806 


181 


479 


6,508 


6,042 


380 


6,423 


85 


Monthly 






















1952— Jan. 


470.5 


97.2 


567.7 


15.6 


43.0 


540.3 


454.4t 


28.8 


483.2t 


57.lt 


Feb. 


457.8 


94.8 


552.6 


15.9 


34.8 


533.7 


458.7t 


28.8 


487.6 


46.lt 


Mar. 


476.5 


99.6 


576.1 


16.3 


44.9 


547.5 


525.3t 


31.0 


556.3 


-8.8t 


Apr. 


471.2 


94.8 


566.0 


15.4t 


38.1 


543.3t 


517.7t 


29.7 


547.4t 


-l.lt 


May 


496.0 


103.4 


599.4 


11.3 


44.5 


566.2 


531.7 


31.7 


563.3 


2.9 


June 


451.9 


99.1 


551.0 


19.8 


54.0 


516.8 


499.9 


29.4 


529.4 


-12.5 


July 


485.5 


94.2 


579.7 


14.9 


50.0 


544.6 


433.9 


30.5 


464.3 


80.3 


Aug. 


486.5 


97.8 


584.3 


10.6 


57.4 


537.5 


449.4 


29.5 


479.0 


58.6 


Sept. 


461.5 


92.3 


553.8 


17.9 


39.6 


532.1 


499.6 


29.1 


528.7 


3.4 


Oct. 


502.8 


97.1 


599.9 


14.5 


50.8 


563.7 


560.5 


32.0 


592.5 


-28.9 


Nov. 


463.4 


89.8 


553.3 


16.8 


43.2 


526.9 


548.7 


31.6 


580.3 


-53.4 


Dec. 


463.4 


86.7 


550.0 


13.7 


29.4 


534.3 


508.7 


36.6 


545.3 


-11.0 


1953— Jan. 


473.6 


93.8 


567.4 


13.3 


26.6 


554.1 


462.9 


31.9 


494.7 


59.4 


Feb. 


439.2 


82.9 


522.1 


18.5 


22.4 


518.2 


455.3 


30.7 


486.0 


32.1 


Mar. 


484.3 


91.9 


576.2 


11.7 


24.9 


563.1 


553.9 


35.0 


588.9 


-25.8 


Apr.* 


480.3 


88.2 


568.5 


18.3 


36.5 


550.3 


538.0 


32.0 


570.0 


-19.7 



(1) Includes Newfoundland. t Revised. * Preliminary. 



Thousands 



XII— LABOUR FORCE STATUS OF THE POPULATION*" 

"The Labour Force" , Dominion Bureau of Statistics 



Week ending 


1952 


1953t 


May 31 


August 16 


November 22 


December 13 


January 24 


February 2 1 


March 21 


April 18 


With Jobs") 


5,222 

4,655 
330 
108 

54 

* 

33 
12 

19 

* 

107 


5,333 

4,606 

267 

76 

39 

* 

305 
12 

18 

* 

86 


5,176 

4,680 

279 

88 

64 

* 

23 

« 

19 

14 

114 


5,144 

4,558 

375 

84 

67 

* 

14 

* 

26 

11 

132 


5,013 

4,523 
249 

72 

74 

» 

18 

* 

47 

15 

187 


5,015 

4,518 

258 

63 

69 

* 

21 

* 

52 

22 

179 


5,020 

4,534 

255 

70 

85 

* 

15 

* 

39 

17 

172 


5,076 


At work 35 or more hours 


4,645 
232 


" " 15 - 34 hours 


" " 1 - 14 hours 


64 


Not at work due to: illness 


65 


bad weather 


* 


vacation 


18 


labour dispute 

temporarily laid off<". 
other reasons 


* 

27 

17 


Without Jobs and Seeking Work<« 


165 


Civilian Labour Force 


5,329 
98 


5,419 
98 


5,290 
101 


5,276 
101 


5,200 
103 


5,194 
104 


5,192 
104 


5,241 


Armed Services 


105 






Total Labour Force 


5,427 
4,581 

230 

3,219 

703 

415 

14 

10,008 


5,517 
4,521 

224 

3,298 

* 

951 
48 

10,038 


5,391 
4,697 

198 

3,278 

680 

518 

23 

10,088 


5,377 
4,724 

198 

3,296 

670 

532 

28 

10,101 


5,303 
4,764 

190 

3,332 

675 

542 
25 

10,067 


5,298 
4,786 

192 

3,335 

678 

555 

26 

10,084 


5,296 
4,794 

188 

3,342 

685 

555 

24 

10,090 


5,346 
4,761 

175 

3,338 

681 


Not in Labour Force 


Permanently unable or too old to work. . . . 
Housekeeping 


Going to school 


Retired or voluntarily idle 


547 


Others 


20 


Total Non-Institutional Population 

14 Years of Age and Over 


10,107 




Persons Looking for Work*') 


121 

107 

* 

10 


93 

86 

• 

* 


131 

114 

♦ 

12 


148 

132 

* 

11 


198 

187 

* 

* 


193 

179 

* 

10 


184 

172 

* 
* 


176 


Without jobs 


165 


At work 1-14 hours 


* 


" " 15 - 34 hours 


* 







t The figures for 1953 are not strictly comparable with earlier data because of small downward revisions in the population estimates based on the more detailed 
1951 Census data now available. (1) DBS estimates based on data from a 1% sample (2% in urban areas each June) of households. The estimates are there- 
fore subject to sampling error which, in general, is relatively larger the smaller the estimate. (2) The number with jobs in agriculture was 924, 1,007, 795. 
782, 770, 768, 799 and 833 from May 31, 1952 to .\x>x\\ 18, 1953 respectively. * Less than ten thousand. (3) Persons with definite instructions to return 
to work within 30 days of being laid 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 
Bome who worked 1-34 hours and were looking for work. 



85 



MAY 1953 



XIII— PRICE INDEXES 

"Price and Price Indexes" , Dominion Bureau of Statistics 

WHOLESALE PRICES CONSUMER PRICE INDEX"' 

Index 1935-39 = 100 Index 1949 = 100 





Total 
Index 


FARM products'" 


Raw and 
Partly 

Manu- 
factured 


Fullv & 
Chiefly 
Manu- 
factured 


Total 
Index 

(3) 


Food 


Shelter 


Clothing 


Household 
Operation 


Other 
Com- 
modities 
& Services 




Fieldt 


Animal 


Totalt 




100 


32 


15 


11 


17 


25 


Average of Months 

1926 


130.3 


158.5 


130.2 


144.4 


129.1 


133.0 


75.9 


* 


* 


* 


* 


* 


1929 


124.6 


137.2 


144.4 


140.8 


126.1 


123.7 


75.8 


* 


* 


* 


* 


* 


1933 


87.4 


69.3 


69.2 


69.3 


79.3 


93.3 


58.8 


* 


* 


* 


* 


* 


1937 


107.7 


128.9 


106.0 


117.4 


113.7 


104.4 


63.0 


* 


* 


* 


* 


* 


1946 


138.9 


177.9 


181.2 


179.5 


140.1 


138.0 


77.5 


* 


* 


* 


* 


* 


1949 


198.3 


191.9 


265.4 


228.7 


197.1 


199.2 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


1950 


211.2 


191.9 


281.4 


236.7 


212.8 


211.0 


102.9 


102.6 


106.2 


99.7 


102.4 


103.1 


1951 


240.2 


200.4 


336.9 


268.6 


237.9 


242.4 


113.7 


117.0 


114.4 


109.8 


113.1 


111.5 


1952 


226.0t 


216.9 


277.5t 


247.2t 


218.7 


230.7 


116.5 


116.8 


120.2 


111.8 


116.2 


116.0 


Monthly 
1952— Apr. 


226.8t 


234.0 


273.7 


253.8 


221.3 


230.6 


116.8 


117.2 


119.4 


112.5 


116.8 


116.6 


May 


224.6t 


240.0 


265.4 


252.7 


220.2 


227.8 


115.9 


115.5 


119.6 


112.3 


116.2 


115.6 


June 


226.3t 


244.4 


271.4 


257.9 


220.4 


230.3 


116.0 


115.7 


120.4 


111.8 


115.9 


115.7 


July 
Aug. 


225.4t 
223.7t 


230.2t 
208.1 


276 .8t 
277.2 


253.5tt 
242.7 


218.2 
216.2 


229.8 
228.5 


116.1 
116.0 


116.0 
115.7 


120.6 
120.6 


111.7 
111.6 


115.9 
115.8 


115.6 
115.8 


Sept. 


222.9t 


194.8 


269.1 


231.9 


212.4 


227.6 


116.1 


115.8 


121.2 


110.9 


116.0 


115.8 


Oct. 


220.2t 


192.7 


263.0 


227.8 


209.7 


227.4 


116.0 


115.1 


121.5 


109.9 


116.2 


116.4 


Nov. 


221.5t 


192.1 


266.5 


229.3 


210.5 


228.2 


116.1 


115.7 


121.4 


109.8 


115.9 


116.6 


Dec. 


221.lt 


189.4 


268.3 


228.8 


210.0 


227.8 


115.8 


114.1 


122.2 


109.7 


116.1 


116.6 


1953— Jan. 


221.5 


186.4 


266.4 


226.4 


209.4 


229.0 


115.7 


113.5 


122.3 


109.7 


116.5 


116.7 


Feb. 


220.9 


182.1 


263.1 


222.6 


207.9 


228.8 


115.5 


112.7 


122.5 


109.6 


116.6 


116.7 


Mar. 


221.9 


177.3 


264.3 


220.8 


209.8 


229.2 


114.8 


111.6 


122.5 


109.7 


116.7 


115.2 


Apr. 


219.6 


173.0 


256.0 


214.5 


205.7 


227.9 


114.6 


110.9 


122.7 


109.7 


116.9 


115.0 


May 














114.4 


110.1 


122.9 


110.0 


116.6 


115.1 



(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) 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 



S3, 000 most common. 
(3) The Consumer Price Index prior to 1949 is the Cost-of-Living Index 

inclusive of all tobacco taxes linked to the Consumer Price Index 

1949 = 100. 
* Not available. 
t Revised. 



XIV— U.S. ECONOMIC STATISTICS 

U.S. Department of Commerce, Department of Labor and "Federal Reserve Bulletin" 





Total 
GNP 


Change in 

Business 

Inventories 


Govt. 
Expend- 
iture on 
National 
Security 
(1) 


Personal 

Savings 

as a 

Percentage 

of 

Disposable 

Income 


Retail 

Sales 

(3) 


Consumer 
Price 
Index 


Wholesale 
Price 
Index 
All Com- 
modities 


Index of 

Total 
Industrial 
Production 


Index of 
Output of 
Consumer 
Durables 
(3) 


Con- 
struction 
(4) 


Unem- 
ployment 


Average 
Hourly 
Earnings 
in Manu- 
facturing 
(5) 




BUli 


ons of Dolla 


rs(2) 


Billions of $ 


1947-4 


9 = 100 


1935-39 = 100 


1947-49 = 100 


Billions of $ 


Millions 


Dollars 


Annual Averages^) 
1929 


103.8 


1.6 


* 


4.5 


48.5 


73.3 


61.9 


110 


* 


10.8 


1.6 


.57 


1933 


55.8 


-1.6 


* 


-2.7 


24.5 


55.3 


42.8 


69 


* 


2.9 


12.8 


.44 


1937 


90.2 


2.3 


* 


5.5 


42.2 


61.4 


56.1 


113 


* 


7.0 


7.7 


.62 


1946 


211.1 


6.1 


18.5 


7.6 


102.5 


83.4 


78.7 


170 


* 


12.0 


2.3 


1.09 


1950 


284.2 


5.5 


18.5 


5.5 


143.7 


102.8 


103.1 


200 


153 


28.8 


3.1 


1.47 


1951 


329.2 


10.3 


37.1 


7.6 


158.2 


111.0 


114.8 


220 


122 


30.9 


1.9 


1.59 


1952 


346.1 


3.1 


49.2 


7.7 


164.1 


113.5 


111.6 


219 


108 


32.3 


1.7 


1.67 


Monthly 

1952— Jan. 










13.2 


113.1 


113.0 


221 


100 


2.2 


2.1 


1.64 


Feb. 










13.4 


112.4 


112.5 


222 


102 


2.1 


2.1 


1.64 


Mar. 


339.7 


.6 


46.4 


7.1 


13.0 


112.4 


112.3 


221 


104 


2.3 


1.8 


1.66 


Apr. 










13.4 


112.9 


111.8 


216 


103 


2.5 


1.6 


1.66 


May 










13.9 


113.0 


111.6 


211 


105 


2.7 


1.6 


1.66 


June 


342.6 


.1 


50.3 


6.9 


14.0 


113.4 


111.2 


204 


108 


2.9 


1.8 


1.66 


July 










13.7 


114.1 


111.8 


193 


71 


3.0 


1.9 


1.65 


Aug. 










13.4 


114.3 


112.2 


215 


84 


3.1 


1.6 


1.67 


Sept. 


343.0 


3.7 


49.6 


8.4 


13.6 


114.1 


111.8 


228 


121 


3.1 


1.4 


1.70 


Oct. 










14.2 


114.2 


111.1 


230 


125 


3.0 


1.3 


1.71 


Nov. 










14.0 


114.3 


110.7 


234 


134 


2.8 


1.4 


1.72 


Dec. 


359.0 


8.1 


50.4 


8.5 


14.4 


114.1 


109.6 


235 


134 


2.5 


1.4 


1.73 


1953— Jan. 










14.1 


113.9 


109.9 


236 


142 


2.3 


1.9 


1.74 


Feb. 










14.5 


113.4 


109.6 


240 


148 


2.2 


1.8 


1.74 


Mar.** 


361.0 


1.7 


51.2 


7.9 


14.4 


113.6 


110.0 


242 


148 


2.5 


1.7 


1.75 


Apr.** 










14.4 


113.7 


109.4 


242 




2.6 


1.6 


1.75 



(1) Includes stockpiling, atomic energy, and Mutual Defence Assistance in 
addition to strictly military programmes. 

(2) Seasonally adjusted annual rates. 

(3) Seasonally adjusted. 

(4) Value of new work put in place. 



(5) Production workers. 

(0) Quarterly averages for first four columns. 

of Retail Sales and Construction. 
* Not available. 
** Preliminary. 



Calendar year totals in the case 



MAY 1953 



86 



Millions of Dollars 



XV— EXTERNAL TRADE AND TRADE INDEXES'" 

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



TOTAL EXPORTS (EXCLUDING GOLD) TO'" 


New Gold 

Production 

Available 

for 

Export 


EXPORT INDE 

1948 = 100 


.XES 




U.S.A. 


U.K. 


Other 

Sterling 

Area 

(3) 


Western 

Europe & 

Colonies 

(4) 


Central 

and 

South 

America 


All 
Other 


Total 

All 

Countries 






Total 
Value 


Unit 

Value 

(5) 


Physical 

Volume 


Calendar Years 
1926 


471 


318 


85 


283 


44 


76 


1,277 


30 


41.0 


70.2 


58.4 


1929 


581 


226 


93 


142 


44 


92 


1,178 


37 


37.5 


64.4 


58.2 


1933 


196 


188 


39 


72 


10 


30 


535 


82 


17.2 


39.9 


43.1 


1937 


394 


386 


97 


94 


25 


49 


1,045 


145 


32.4 


53.4 


60.7 


1947 


1,057 


754 


359 


327 


135 


180 


2,812 


99 


90.2 


91.6 


98.5 


1948 


1,522 


689 


290 


317 


127 


165 


3,110 


119 


100.0 


100.0 


100.0 


1949 


1,524 


709 


305 


254 


132 


99 


3,023 


139 


97.3 


103.3 


94.2 


1950 


2,051 


473 


200 


199 


154 


80 


3,157 


163 


101.4 


108.3 


93.6 


1951 


2,334 


636 


266 


364 


217 


146 


3,963 


150 


127.3 


123.0 


103.5 


1952 


2,349 


751 


291 


468 


281 


216 


4,356 


150 


139.9 


121.8 


114.9 


12 Mths. end'g 

Apr. 1953 


2,380 


694 


246 


436 


250 


215 


4,220 


157 








Monthly 

1952-Mar. 


188.7 


69.0 


36.1 


28.8 


23.4 


13.3 


359.3 


15.0 


138.4 


124.3 


111.3 


Apr. 


184.0 


72.9 


24.9 


26.1 


28.1 


16.2 


352.2 


11.2 


135.9 


123.2 


110.3 


May 


202.0 


87.8 


29.0 


30.7 


23.9 


13.5 


386.9 


8.5 


149.3 


121.7 


122.7 


June 


194.5 


85.0 


20.9 


46.4 


20.8 


13.1 


380.7 


14.6 


147.0 


121.7 


120.8 


July 


190.6 


70.2 


26.2 


44.8 


22.0 


21.3 


375.1 


14.9 


144.5 


121.2 


119.2 


Aug. 


181.0 


73.0 


22.7 


45.7 


14.5 


14.8 


351.7 


9.6 


135.2 


120.7 


112.0 


Sept. 


196.6 


44.1 


18.9 


47.7 


18.9 


16.1 


342.3 


12.8 


131.5 


120.1 


109.5 


Oct. 


210.9 


51.4 


17.0 


52.1 


27.0 


20.9 


379.3 


10.1 


145.9 


120.5 


121.1 


Nov. 


213.3 


61.5 


24.7 


42.7 


22.7 


26.9 


391.8 


13.6 


151.1 


120.4 


125.5 


Dec. 


224.5 


47.7 


19.6 


45.2 


23.3 


33.6 


393.9 


13.5 


152.0 


119.1 


127.6 


1953-Jan. 


191.7 


49.5 


17.7 


22.4 


18.8 


20.8 


321.3 


16.0 


123.8 


119.8 


103.3 


Feb. 


176.8 


36.4 


23.1 


19.5 


13.6 


10.2 


279.6 


16.1 


107.5 


119.3 


90.1 


Mar. 


206.4 


38.8 


18.4 


17.9 


17.7 


13.8 


313.0 


15.6 


120.1 


119.4 


100.6 


Apr.* 


192.3 


45.3 


18.0 


21.8 


17.0 


10.4 


304.8 


11.7 


117.5 


119.6 


98.2 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 






Excess of 


IMPORT INDEXES 


















Merchandise 
Exports 




1948 =■ 100 










Other 


Western 


Central 




Total 














U.S.A. 


U.K. 


Sterling 


Europe & 


AND 


All 


AU 


Merchandise 


Total 


Unit 


Physical 








Area 


Colonies 


South 


Other 


Countries 


Imports 


Value 


Value 


Volume 








(3) 


(4) 


.A.MERICA 










(5) 




Calendar Years 
























1926 


669 


165 


47 


71 


33 


23 


1,008 


269 


38.1 


68.9 


55.3 


1929 


894 


195 


59 


90 


33 


28 


1,299 


- 121 


49.1 


63.0 


77.9 


1933 


217 


98 


34 


32 


10 


10 


401 


134 


15.1 


43.7 


34.6 


1937 


491 


147 


87 


43 


21 


20 


809 


236 


30.6 


50.8 


60.2 


1947 


1,975 


189 


158 


64 


159 


29 


2,574 


238 


97.6 


88.0 


110.9 


1948 


1,806 


300 


194 


77 


223 


37 


2,637 


473 


100.0 


100.0 


100.0 


1949 


1,952 


307 


187 


83 


193 


39 


2,761 


261 


104.7 


102.6 


102.0 


1950 


2,131 


404 


242 


114 


215 


68 


3,174 


- 17 


120.4 


110.3 


109.2 


1951 


2,813 


421 


309 


181 


275 


86 


4,085 


- 122 


154.8 


126.2 


122.7 


1952 


2,977 


360 


186 


157 


285 


66 


4,031 


326 


152.3 


110.3 


138.1 


12 Mths. end'g 
























Feb. 1953 


3,027 


372 


173 


155 


286 


67 


4,079 


235 








Monthly 
1952-Mar. 


253.5 


22.6 


10.8 


12.5 


24.3 


3.3 


327.0 


32.3 


148.0 


115.0 


128.7 


Apr. 


245.6 


28.4 


13.1 


11.0 


21.6 


4.3 


324.0 


28.3 


147.2 


112.9 


130.4 


May 


282.9 


33.2 


20.2 


15.3 


27.3 


7.1 


386.0 


1.0 


174.7 


110.7 


157.8 


June 


235.3 


31.6 


16.8 


12.5 


23.2 


4.9 


324.3 


56.5 


147.0 


109.6 


134.1 


July 


246.6 


34.1 


16.8 


11.8 


27.7 


6.2 


343.2 


32.0 


155.9 


107.9 


144.5 


Aug. 


212.8 


32.4 


14.3 


12.4 


24.3 


6.7 


302.9 


48.9 


137.5 


106.6 


129.0 


Sept. 


255.1 


31.5 


19.5 


14.2 


21.9 


6.9 


349.1 


- 6.8 


158.3 


106.7 


148.4 


Oct. 


275.2 


37.1 


16.8 


15.5 


26.7 


5.1 


376.4 


3.0 


170.8 


107.8 


158.4 


Nov. 


264.2 


35.3 


15.9 


17.3 


24.6 


6.1 


363.4 


28.3 


164.4 


108.2 


151.9 


Dec. 


265.2 


28.0 


10.1 


13.0 


22.6 


6.2 


345.1 


48.8 


155.8 


108.5 


143.6 


1953-Jan. 


249.3 


30.6 


9.4 


10.3 


21.2 


7.0 


327.8 


- 6.6 


147.5 


108.4t 


136.lt 


Feb. 


241.0 


27.2 


8.9 


8.9 


20.9 


3.1 


310.0 


-30.4 


140.5 


107.8 


130.3 


Mar.* 


272.8 


37.6 










360.1 


-47.1 








Apr.* 


300.0 


37.8 










393.1 


-88.3 









Note: The above table has been revised. Adjustments previously made to 
D.B.S. export and import figures have been eliminated in 1947 and subsequent 
years. 

(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. Prior to 1947 wheat exports 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, 1951 and 1952 amounted to 



56.8, 109.1, and 98.6t million dollars respectively. 

(3) Consists of U.K. Dependencies, Union of South Africa, Eire, India, 
Pakistan, Burma, Australia, New Zealand, Iceland, Jordan, Libya, 
Ceylon and Iraq. 

(4) Excludes Spain, but includes Greece and Turkey. 

(5) Excludes exports of foreign produce. Unit value indexes prior to 1948 are 
converted from 1935-39 = 100. 

* Preliminary, 
t Revised. 



87 MAY 1953 

XVI— DOMESTIC EXPORTS: COMMODITY CLASSIFICATION BY DESTINATION"'" 

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





Wheat & 


Other 


Fish & 


News- 


Wood- 


Other 


Metals 


Chemicals 


Manufactured 




Destination and Calendar Years 


Flour 


Farm 


Fish 
Products 


print 


pulp 


Forest 


& 
Minerals 


& 

Fertilizers 


& 
Miscellaneous 


Total 


United States 






















1948 


7 


248 


62 


343 


185 


222 


245 


39 


150 


1,501 


1949 


18 


241 


65 


392 


142 


171 


274 


40 


160 


1,503 


1950 


29 


273 


81 


465 


191 


353 


388 


57 


184 


2,021 


1951 


67 


315 


85 


501 


277 


326 


420 


66 


240 


2,297 


1952 


73 


226 


88 


536 


225 


312 


487 


73 


287 


2,307 


1952— IQ 


6 


42 


21 


127 


67 


69 


112 


19 


79 


542 


1953— IQ 


5 


41 


19 


138 


48 


74 


142 


14 


83 


564 


United Kingdom 






















1948 


258 


148 


2 


5 


21 


71 


153 


6 


23 


687 


1949 


327 


77 


8 


9 


19 


55 


170 


4 


35 


705 


1950 


215 


61 


5 


2 


13 


25 


133 


5 


10 


469 


1951 


202 


47 


8 


8 


38 


94 


210 


9 


16 


632 


1952 


229 


61 


1 


15 


35 


114 


267 


8 


16 


746 


1952— IQ 


37 


18 


_ 


3 


13 


24 


55 


2 


4 


156 


1953— IQ 


34 


11 


- 


2 


4 


15 


51 


- 


7 


124 


Dependent Sterling Area 






















1948 


25 


21 


4 


2 


- 


7 


3 


2 


30 


92 


1949 


22 


16 


6 


2 


- 


4 


2 


1 


18 


71 


1950 


23 


8 


5 


1 


- 


3 


1 


1 


9 


51 


1951 


20 


11 


5 


2 


- 


8 


2 


2 


24 


74 


1952 


21 


10 


5 


2 


- 


5 


2 


1 


21 


67 


1952— IQ 


6 


3 


2 


1 


- 


2 


1 


1 


7 


21 


1953— IQ 


5 


2 


2 


- 


- 


1 


- 


- 


4 


14 


Independent Sterling Area^'' 






















1948 


10 


9 


4 


14 


1 


26 


15 


6 


110 


195 


1949 


45 


6 


1 


16 


- 


21 


12 


6 


124 


231 


1950 


33 


3 


- 


7 


1 


16 


13 


5 


70 


148 


1951 


44 


5 


1 


11 


2 


29 


18 


4 


78 


192 


1952 


70 


5 


1 


18 


3 


23 


24 


3 


72 


219 


1952— IQ 


15 


2 


_ 


4 


1 


9 


7 


1 


24 


64 


1953— IQ 


24 


1 


- 


1 


1 


3 


3 


- 


12 


45 


Western Europe & Colonies'^' 






















1948 


37 


78 


10 


1 


2 


5 


53 


11 


118 


315 


1949 


64 


44 


8 


1 


6 


5 


53 


11 


59 


251 


1950 


53 


28 


15 


- 


2 


4 


51 


14 


31 


198 


1951 


129 


54 


11 


1 


24 


12 


72 


26 


34 


363 


1952 


181 


110 


9 


1 


15 


9 


82 


19 


40 


466 


1952— IQ 


24 


9 


2 


1 


10 


1 


22 


5 


12 


86 


1953— IQ 


12 


8 


2 


- 


1 


1 


15 


- 


19 


60 


Central and South America 






















1948 


9 


12 


6 


17 


2 


1 


16 


6 


59 


128 


1949 


21 


10 


10 


13 


1 


1 


13 


4 


58 


131 


1950 


30 


15 


11 


11 


1 


2 


15 


4 


61 


150 


1951 


36 


15 


12 


14 


8 


3 


28 


6 


94 


216 


1952 


53 


19 


12 


19 


7 


3 


32 


5 


131 


281 


1952— IQ 


10 


4 


4 


4 


2 


1 


7 


1 


45 


80 


1953— IQ 


13 


4 


3 


3 


- 


- 


5 


1 


21 


50 


All Other Countries 






















1948 


22 


26 


2 


5 


1 


6 


29 


9 


55 


155 


1949 


36 


11 


2 


2 


2 


3 


7 


11 


27 


101 


1950 


37 


9 


1 


2 


1 


2 


4 


7 


18 


81 


1951 


57 


16 


1 


3 


16 


5 


7 


7 


28 


140 


1952 


110 


46 


1 


3 


7 


1 


17 


6 


24 


215 


1952— IQ 


19 


4 


- 


1 


1 


1 


2 


2 


10 


40 


1953— IQ 


19 


10 


1 


1 


2 


- 


4 


1 


6 


44 


Total Exports 






















1948 


368 


542 


90 


387 


212 


338 


514 


79 


545 


3,075 


1949 


533 


405 


100 


435 


170 


260 


531 


77 


482 


2,993 


1950 


420 


397 


118 


488 


209 


405 


605 


93 


383 


3,118 


1951 


555 


463 


123 


540 


365 


477 


757 


120 


514 


3,914 


1952 


737 


477 


117 


594 


292 


467 


911 


115 


591 


4,301 


1952— IQ 


117 


82 


29 


141 


94 


107 


206 


31 


181 


989 


1953— IQ 


112 


78 


27 


145 


56 


94 


220 


16 


152 


901 



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

(2) Excludes exports of foreign produce. 



(3) Consists of Union of South Africa, Eire, India, Pakistan, Burma, 
Australia, New Zealand. Iceland, Ceylon, Iraq, Jordan and Libya. 

(4) Excludes Spain, but includes Greece and Turkey. 



MAY 1953 



88 



VALUE OF SELECTED EXPORTS 



WHEAT AND FLOUR 



OTHER GRAINS 

AND GRAIN PRODUCTS 



PLANKS AND BOARDS 



PULPWOOD AND WOODPULP 



NEWSPRINT 



ALUM I NUM AND PRODUCTS 



COPPER AND PRODUCTS 



NICKEL AND PRODUCTS 



LEAD AND ZINC 
AND PRODUCTS 




FARM IMPLEMENTS 



AUTOS,TRUCKS, AND PARTS 



ALL OTHER 



3231 



50 



100 150 

MILLIONS OF DOLLARS 



200 



250 



VALUE OF IMPORTS FROM U.S 



(1) 




MILLIONS OF U.S. DOLLARS 

(1) This chart is based on an analysis of U.S. Dept. of Commerce figures for exports to Canada, which exclude certain items of military 
significance. For this and other reasons, the figures used in the above chart differ somewhat from the corresponding DBS trade figures. 



89 



MAY 1953 



MAY 1953 



90 



XVII— MERCHANDISE IMPORTS: COMMODITY CLASSIFICATION 

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



Millions of Dollars 














































Millions of Dollars 








Grains 














Hides 


Other 


Cotton 




Wool 


















Fniita 
and 
Nuts 


Vegetables 


and 

Milled 

Products 

(ind. rice) 


Sugar 

and 

Products 


Tea 
and 
CoSee 


Alcoholic 

Beverages 

(1) 


edible) 


Rubber 
(ind. syn- 
thetic) 


Furs 


and . 
Leather 
(unmfd. 
and mfd.) 


Vegetable 

and 

Animal 

Products 




Silk 

(raw and 

mfd.) 






Artificial 
SUk 


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 
1926 


34 


6 


17 


38 


19 


28 


11 


30 


13 


18 


49 


24 


33 


30 


10 


39 


6 


16 


28 


11 


13 


22 


Calendar Year. 
1926 


1929 


39 


11 


26 


28 


18 


47 


12 


23 


15 


20 


64 


28 


34 


29 


10 


40 


13 


15 


30 


15 


18 


30 


1929 


1933 


18 


4 


5 


16 . 


10 


14 


6 


5 


4 


7 


19 


12 


13 


7 


7 


11 


3 


7 


10 


5 


8 


5 


1933 


1937 


29 


6 


18 


21 


14 


8 


16 


19 


8 


12 


27 


21 


20 


8 


16 


19 


4 


U 


16 


8 


14 


12 


1937 


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 


1952 


121 


46 


38 


71 


72 


21 


20 


52 


24 


21 


90 


68 


82 


7 


29 


53 


40 


24 


58 


30 


57 


48 


1952 


12-Mlhs. ending 
Feb. 1953 


121 


43 


37 


69 


70 


21 


20 


50 


26 


22 


82 


66 


88 


7 


32 


56 


44 


23 


55 


30 


57 


49 


12-Mtha. ending 
Feb. 1953 


Monthly 
1951— 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 


Monthly 
Dec— 1951 


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. 


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 


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 


4.2 


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. 


' Oct. 


10.1 


2.0 


4.1 


10.8 


6.2 


2.0 


1.1 


4.2 


2.3 


2.1 


6.7 


6.1 


8.3 


.7 


2.2 


5.1 


4.5 


2.5 


4.7 


3.1 


5.8 


4.9 


Oct. 


Nov. 


10.7 


2.5 


5.9 


8.8 


7.0 


1.9 


2.3 


3.5 


1.4 


2.0 


7.3 


7.3 


7.8 


.6 


2.0 


5.2 


5.3 


3.3 


4.8 


2.7 


5.3 


4.5 


Nov. 


Dec. 


11.3 


3.1 


5.7 


3.4 


6.1 


2.6 


1.5 


4.3 


2.4 


1.9 


6.3 


8.1 


7.9 


.6 


2.4 


4.8 


4.1 


1.3 


3.7 


2.9 


5.1 


4.3 


Dec. 


1953— Jan. 


7.0 


2.9 


1.9 


1.1 


6.0 


1.6 


2.2 


4.1 


4.7 


2.1 


5.7 


7.2 


9.1 


.7 


4.0 


6.1 


4.5 


1.8 


4.7 


2.6 


5.0 


3.8 


Jan.-1953 


Feb. 


7.4 


2.7 


1.6 


2.5 


5.7 


1.1 


1.8 


4.2 


2.8 


2.2 


6.9 


7.3 


9.4 


.6 


3.3 


5.5 


4.5 


1.4 


4.3 


2.6 


4.9 


4.2 


Feb. 





Chemicals 




Pigs, Ingots 


Bars and 


Sheets, 


Structural 


Castings 
and 


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 


and 


Electrical 


Non-ferrous 


and 


and 


Glass 


Non- 


Other 


Total 






Allied 
Products 


Ore 


and 
BiUets 


RaUs 


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 


ImportB 




Calendar Years 














































Calendar Years 


1926 


31 


3 


2 


10 


30 


8 


5 


14 


18 


39 


52 


40 


_ 


3 


17 


31 


67 


52 


9 


25 


59 


1,008 


1926 


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 


1933 


24 


— 


- 


1 


13 


1 


1 


5 


2 


12 


12 


12 


2 


1 


5 


10 


31 


31 


4 


12 


26 


401 


1933 


1937 


37 


5 


1 


5 


37 


4 


3 


11 


17 


46 


49 


33 


4 


3 


16 


25 


42 


59 


9 


27 


48 


809 


1937 


1947 


113 


13 


2 


12 


48 


18 


9 


44 


105 


206 


178 


127 


9 


7 


69 


77 


154 


207 


29 


63 


163 


2,574 


1947 


1948 


118 


16 


6 


12 


54 


18 


10 


50 


140 


217 


132 


128 


10 


8 


62 


76 


206 


301 


26 


73 


-116 


2,637 


1948 


1949") 


131 


12 


6 


13 


67 


18 


13 


59 


177 


216 


167 


143 


10 


8 


70 


87 


157 


274 


25 


79 


158 


2,761 


1949 »' 


1950 


158 


17 


5 


11 


66 


16 


10 


55 


162 


226 


250 


163 


10 


10 


83 


113 


190 ■ 


307 


28 


86 


172 


3,174 


1950 


1951 


192 


23 


16 


26 


108 


39 


14 


88 


195 


329 


271 


224 


15 


20 


120 


136 


190 


353 


32 


109 


297 


4,085 


1951 


1952 


188 


27 


17 


23 


84 


36 


13 


136 


197 


361 


258 


255 


13 


11 


140 


134 


168 


341 


27 


105 


429 


4,031 


1952 


12-Mth3. ending 














































12-Mths. ending 


Feb. 1953 


192 


27 


15 


21 


78 


30 


13 


138 


201 


369 


270 


264 


13 


9 


149 


133 


162 


346 


28 


105 


447 


4,079 


Feb. 1953 


Monthly 














































Monthly 


1951— 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.— 1951 . 


1952— Jan. 
Feb. 


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 


24.3 


307.1 


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 


21.8 


282.0 


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 


23.4 


2.0 


7.1 


31.5 


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 


324.0 


^i""- 


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 


39.0 


386.0 


May 


une 


14.1 


2.5 


.5 


1.8 


5.4 


2.3 


.9 


11.3 


20.5 


32.1 


24 5 


19.0 


1.7 


1.0 


9.3 


11.4 


13.3 


25.7 


2.0 


8.8 


38.0 


324.3 


.une 


. uly 


14.7 


.6 


.5 


.8 


2.9 


1.1 


1.1 


8.9 


21.0 


31.5 


23.7 


20.5 


1.4 


.6 


11.3 


11.7 


15.5 


35.5 


2.0 


9.6 


39.7 


343.2 


July 


Aug. 


13.8 


2.1 


.8 


1.3 


3.7 


1.8 


1.0 


11.8 


14.4 


26.1 


14.7 


20.0 


2.0 


1.2 


10.2 


9.2 


13.6 


28.4 


1.9 


10.1 


38.1 


302.9 


Aug. 


Sept. 


15.8 


5.8 


1.0 


1.7 


7.0 


2.5 


1.1 


11.4 


11.2 


28.8 


22^9 


23.1 


1.6 


.6 


13.5 


10.3 


17.4 


34.3 


2.2 


10.8 


36.8 


349.1 


Sept. 


Oct. 


18.0 


6.2 


1.4 


1.8 


7.4 


3.0 


1.2 


9.3 


10.5 


32.7 


22.8 


26.6 


1.3 


.5 


14.7 


13.6 


18.3 


30.5 


2.8 


10.8 


43.2 


376.4 


Oct. 


Nov. 


17.7 


4.2 


3.0 


1.8 


6.4 


2.5 


1.3 


8.9 


11.2 


31.0 


17 6 


24.6 


1.1 


1.2 


13.8 


14.2 


15.8 


31.4 


2.9 


9.3 


41.5 


363.4 


Nov. 


Dec. 


16.6 


1.5 


2.2 


1.4 


6.6 


1.8 


1.1 


8.7 


14.2 


30.6 


20.4 


24.4 


1.1 


.6 


14.1 


12.4 


10.6 


32.5 


2.7 


7.7 


40.3 


34S.1 


Dec. 


1953— Jan. 


17.3 


.2 


.7 


1.7 


6.0 


1.8 


.8 


10.3 


16.1 


30.7 


24 3 


22.1 


.5 


.6 


16.1 


9.1 


8.9 


27.8 


2.4 


6.3 


35.3 


327.8 


Jan.— 1953 


Feb. 


16.1 


.2 


.5 


1.2 


6.0 


1.8 


1.0 


9.1 


17.7 


29.0 


24^7 


20.5 


.2 


.3 


14.1 


7.9 


10.0 


23.8 


2.6 


7.1 


29.5 


310.0 


Feb. 


Note: The above table 1 
foundland until March 3 


las been r«vi 
1 and import 


sed. Adjust 
s into Newfo 


nents previoL 
indland from 


sly made to 
other countr 


D.B.S. impor 
ies thereafter 


t figures have 


been eliminz 


ited in 1947 a 


nd subsequei 


It years. 


(1) Before 


IMS import totals are substantially over-valued owing to indusion of U.K. excise taxes on spirits imported from that country. 


(2) Indudes imports from New- 



^k 4/ 



TATISTICAL SUMMARY 



■ BANK OF CANADA 

Tables ^^^Vt:p>o, ^'""'" ^ ^£f>7' ^^^^^ 

I Bank OF Canada: '^^^'Vi^^e 'J^-^^/ToeA 

Liabilities and Assets . . . .* '"A'^Aii^ 91-92 

II Chartered Banks: 

Liabilities and Assets 91-92 

III General Public Holdings of Certain Liquid Assets 93-94 

Chartered Banks: Canadian Deposits, Canadian Loans and 

Non-Government Securities, and Government of Canada Securities 95 

Chartered Banks: Distribution of Major Canadian Assets . . 95 

IV Government Bond Yields and Treasury Bill Rates 96 

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

VI Foreign Exchange Rates 97 

United States Dollar in Canadian Funds 97 

VII Official Holdings of Gold and U.S. Dollars 97 

VIII Consumer Credit Outstanding 98 

Consumer Credit Outstanding 98 

IX Selected Petroleum Statistics 99-100 

X National Accounts 101 

XI U.S. Economic Statistics 102 

XII International Securities Transactions 102 

XIII Volume of Industrial Production 103 

Indexes of Industrial Production 103 

XIV Price Indexes 104 

XV Net Income of Farm Operators from Farm Operations .... 104 

XVI Index of Physical Volume of Agricultural Production .... 105 

XVII Employment and Labour Income 105 

XVIII External Trade and Trade Indexes 106 

XIX Merchandise Exports: Commodity Classification BY Value . . , 107-108 



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. 

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, 



JUNE 1953 



91 



JUNE 1953 JUNE 1953 

I— BANK OF CANADA 



92 













LIABILITIES 










ASSETS 










Chartered Bank Cash 


Govt, of 
Canada 
Deposits 




Foreign 
Currency 
Deposits'" 


Active 


All 


Total 






Securities 




All 

Other 

Accounts 






Notes 
in Tills 


Deposits 

at 
B, of C. 


Total 


Other 
Deposits 


B. of C. 

Note 

Circulation 


Other 
Accounts 


Liabilities gold 
or 

Assets 


Silver 


Foreign") 
Exchange 


Govt, of Canada 
AND Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 


Advances 






Under 2 yrs. 


Over 2 yra. 












































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 


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 


1960 


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 


1952 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


- 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


1952 


End of 
1952— 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 


End of 
Mar.- 1952 


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 


2,112.7 


- 


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 


_ 


67.6 


1,214.3 


957.3 


25.0 


12.4 


2,208.9 


- 


34.8 


Nov. 


Dec. 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


- 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


Dec. 


1953— Jan. 


213.4 


603.1 


816.5 


40.5 


47.6 


70.2 


1,266.2 


60.0 


2,300.9 




64.4 


1,351.2 


803.0 


25.0 


13.4 


2,192.6 




43.8 


Jan.— 1953 


Feb. 


191.5 


668.0 


859.5 


88.6 


51.4 


77.4 


1,281.3 


31.8 


2,390.1 


_ 


72.1 


1,411.9 


817.5 


25.0 


14.2 


2,268.6 


- 


49.5 


Feb. 


Mar. 


232.3 


601.1 


833.4 


60.6 


66.5 


71.0 


1,261.1 


34.1 


2,326.7 


_ 


65.7 


1,371.0 


810.9 


25.0 


14.5 


2,221.3 


- 


39.8 


Mar. 


Apr. 


232.7 


646.7 


879.3 


48.3 


76.8 


73.4 


1,272.1 


37.2 


2,387.2 


_ 


68.1 


1,436.6 


796.0 


25.0 


15.0 


2,272.7 


- 


46.4 


Apr. 


May 


210.4 


594.9 


805.4 


45.6 


72.1 


64.8 


1,307.5 


50.1 


2,345.4 


- 


59.4 


1,364.8 


821.4 


25.0 


15.5 


2,226.7 


~ 


59.3 


May 



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



Millions of Dollars 



II- 



As at Dec. 31 
1926 
1929 
1933 
1937 

1947 
1949 
1950 
1951 
1952 
End of 
1952— May 

June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1963— Jan. 
Feb. 
Mar. 
Apr. 
May 



-CHARTERED BANKS 

Bank of\ Canada 



Millions of Dollars 



LIABILITIES 



Notes 



175 

175 
132 
102 

18 
14 



Deposits 



Demand 



609 
729 
502 



2,296 
2,426 
2,770 
2,963 
3,242 

2,851 
2,987 
2,885 
2,895 
3,026 
3,068 
3,106 
3,242 

2,974 
2,949 
2,936 
3,115 
3,040 



Notice 



1,373 

1,434 
1,357 
1,583 

3,740 
4,333 
4,558 
4,612 
4,924 

4,769 
4,792 
4,836 
4,870 
4,901 
4,901 
4,916 
4,924 

4,945 
5,008 
5,067 
5,107 
5,100 



Govt, of 

Canada 

and Prov. 



31 
92 
61 
53 

376 
367 
500 
322 
255 

360 
341 
359 
311 
264 
351 
269 
255 

270 
352 
455 
419 
346 



Canadian 
Deposits 



(1) 



2,025 
2,270 
1,933 
2,387 

6,473 
7,348 
7,997 
8,088 
8,623 

8,078 
8,273 
8,252 
8,241 
8,395 
8,529 
8,501 
8,623 

8,357 
8,471 
8,618 
8,827 
8,681 



Foreign 



334 
442 
322 
409 

824 
730 
735 
795 
865 

817 
848 
838 
847 
864 
835 
865 
865 

845 
876 
886 
915 
908 



Total 
Deposits 



2,410 
2,820 
2,294 
2,819 

7,406 
8,177 
8,867 
9,003 
9,570 

9,037 
9,261 
9,165 
9,160 
9,333 
9,445 
9,435 
9,570 

9,275 
9,437 
9,586 
9,815 
9,656 



ASSETS 



Cash 
in (3) 
Canada 



228 
228 
196 
250 

720 
753 
810 
892 



770 
798 
831 
812 
826 
863 
812 



833 
879 
805 



Securities 



Govt, of 
Canada 



Prov- 
incial 



304 

297 

651 

1,111 

3,116 
3,112 
3,079 
2,754 
2,784 

2,968 
2,953 
3,029 
3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 
2,915 



445 
416 
355 
379 

315 
306 
309 
326 
368 
380 
392 
379 

330 
322 
308 
309 
320 



Foreign 
Govt. 



Other li Total 



180 

151 

210 

59 242 



271 
242 
193 
200 
255 

266 
256 
249 
244 
262 
233 
230 
255 



250 
236 
248 
252 



487 
545 
599 
567 
537 

552 
553 
548 
545 
545 
543 
546 
537 

522 
529 

514 
540 
637 



^6 CaSldTST/.^^nran-'ILtLTv SvTa'j?"de'=p"o'IS 19,<.'lL'lll'^?'' ^'iX^^Tcf^.,. f V.t, M.rc, ,«5, Go,d and Coin in Canada, Domin 
January 1950; habUity for ouutanding notes issued fir cir?ulatio" to (^Sda tSsferrid\o B^k of C^lda durtog J^^uiyT95of' ™ ^"^ """' '^""^'^ "=° ""^'""^ 



484 

448 

861 

1,411 

3,874 
4,345 
4,286 
3,876 
3,955 

4,100 
4,067 
4,135 
4,139 
4,202 
4,147 
4,006 
3,955 

3,981 
4,042 
4,082 
4,135 
4,024 



Loans 



151 

262 

106 

76 

105 
133 
134 
107 
155 

132 
138 
145 
147 
135 
130 
121 
155 

135 
141 
140 
152 
138 



970 

1,403 

898 

749 

1,921 
2,174 
2,651 
2,901 
3,188 

2,845 
2,892 
2,928 
2,927 
2,979 
3,096 
3,243 
3,188 

3,178 
3,181 
3,262 
3,372 
3,402 



85 
122 
138 
113 

78 
97 
125 
127 
101 

167 
156 
125 
121 
114 
116 
108 
101 

115 
120 
132 
136 
124 



273 

245 

90 

60 

56 
70 
100 
131 
170 

156 
156 
167 
135 
110 
145 
156 
170 

158 
186 
147 
178 
168 



270 
251 
138 
166 

234 
211 
247 
278 
264 

287 
269 
268 
256 
265 
263 
273 
264 

266 
266 
274 
270 
273 



Total 
Assets 



2,940 
3,521 
2,816 
3,281 

7,974 
8,718 
9,496 
9,610 
10,157 

9,634 
9,847 
9,737 
9,728 
9,907 
10,042 
10,038 
10,157 

9,872 
10,034 
10,182 
10,416 
10,242 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (J) 
Canada 


Deposits 


Canadian 


Note (S) 




(•) 


Deposits 


Circulation 












Aver, of Daily Figures 


192 


1,958 


9.8 


196 


1926 


191 


2,293 


8.3 


205 


1929 


189 


1,941 


9.8 


167 


1933 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


'l947 


746 


7,178 


10.4 


1,087 


1949 


755 


7,487 


10.1 


1,085 


1950 


791 


7,759 


10.2 


1,132 


1961 


845 


8,110 


10.4 


1,207 


1962 


834 


8,063 


10.3 


1,185 


May— 1962 


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.S 


1,231 


Sept. 


868 


8,393 


10.3 


1,246 


Oct. 


848 


8,443 


10.0 


1,255 


Nov. 


840 


8,314 


10.1 


1,282 


Dec. 


906 


8,426 


10.8 


1,230 


Jan.— 1953 


889 


8,296 


10.7 


1,232 


Feb. 


883 


8,407 


10.S 


1,245 


Mar. 


869 


8,618 


10.1 


1,257 


^P"'- 


880 


8,699 


10.1 


1,269 


May 



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) Figures given are averages of estimated month- 

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



93 



JUNE 1953 JUNE 1953 

III— GENERAL PUBLIC HOLDINGS OF CERTAIN LIQUID ASSETS* 

Currency, Bank Deposits and Government of Canada Securities 



94 



Millions of Dollars 






















Bank of 


Canada 




















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"' 

Chartered 

Bank 

Notice 

Deposits 


Total 

Currency 

and 

Bank 
Deposits 

Total 

Related 

Bank 

Assets 






Related Bank Assets 












Currency 
Outside Banks 






Active Bank Deposits 


(I) 






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) 

(7) 


Total 






Notes 


Coin 


Total 


Public 
Demand 


Active 
Notice 


Other 

excl. 

Govt, of 

Canada 


Total 


Less 
Float 


Net 
Total 






Total 


Less Govt. 
Deposits 


Net 
Total 


Canadian 
Loans 


Non-Govt. 
Securities 


Total 




as at Dec. 31 
1949 
1950 
1951 
1952 
End of 
1952— May 
June 

July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1953— Jan. 
Feb. 
Mar. 
Apr. 
May 


1,110 
1,136 
1,191 
1,289 

1,227 
1,222 
1,223 
1,267 
1,238 
1,291 
1,294 
1,289 

1,266 
1,281 
1,261 
1,272 
1,307 


74 
78 
84 
88 

85 
85 
84 
86 
85 
88 
89 
88 

87 
88 
88 
89 
91 


1,184 
1,214 
1,275 
1,377 

1,312 
1,307 
1,307 
1,353 
1,323 
1,379 
1,383 
1,377 

1,353 
1,369 
1,349 
1,361 
1,398 


2,426 
2,770 
2,963 
3,242 

2,851 
2,987 
2,885 
2,895 
3,026 
3,068 
3,106 
3,242 

2,974 
2,949 
2,936 
3,115 
3,040 


682 
697 
717 
796 

770 
773 
774 
779 
787 
788 
790 
796 

805 

816 

824 

831t 

832 


338 
413 
449 
453 

352 
396 
352 
336 
407 
441 
403 
453 

371 
363 
450 
415 
403 


3,446 
3,880 
4,129 
4,491 

3,973 
4,156 
4,011 
4,010 
4,220 
4,297 
4,299 
4,491 

4,150 

4,128 

4,210 

4,361t 

4,275 


335 
4S0 
627 
740 

518 
642 
488 
523 
577 
589 
618 
740 

540 
547 
585 
571 
609 


3,111 
3,430 
3,502 
3,751 

3,455 
3,514 
3,523 
3,487 
3,643 
3,708 
3,681 
3,751 

3,610 

3,581 

3,625 

3,790t 

3,666 


127 

207 

66 

45 

45 
49 
42 
47 
49 
56 
65 
45 

48 
51 
67 
77 
72 


3,238 
3,637 
3,668 
3,796 

3,500 
3,563 
3,566 
3,534 
3,692 
3,764 
3,746 
3,796 

3,658 

3,632 

3,692 

3,867t 

3,738 


4,422 
4,851 
4,843 
5,173 

4,812 
4,870 
4,872 
4,887 
5,015 
5,143 
5,129 
5,173 

5,011 

5,001 
5,041 
5,228t 
5,136 


3,751 
3,861 
3,894 
4,129 

3,999 
4,019 
4,062 
4,091 
4,114 
4,113 
4,125 
4,129 

4,139 
4,192 
4,242 

4,276t 
4,268 


8,173 
8,712 
8,737 
9,302 

8,811 
8,889 
8,934 
8,978 
9,129 
9,255 
9,254 
9,302 

9,150 
9,193 
9,283 
9,504 
9,404 


5,121 
5,021 
4,945 
5,011 

4,996 
5,022 
5,153 
5,180 
5,163 
5,174 
5,011 
5,011 

5,017 
5,169 
5,205 
5,271 
5,101 


;*/ 

280 

160 

19 

129 

125 

230 

193 

92 

138 

92 

19 

108 
239 
225 
238 
184 


4,940 
4,741 
4,785 
4,992 

4,867 
4,897 
4,923 
4,987 
5,071 
5,036 
4,919 
4,992 

4,909 
4,930 
4,980 
5,033 
4,917 


2,404 
2,910 
3,136 
3,444 

3,144 
3,186 
3,198 
3,195 
3,228 
3,343 
3,471 
3,444 

3,428 
3,442 
3,534 
3,660 
3,664 


990 

1,015 

922 

916 

866 
858 
856 
870 
913 
923 
937 
916 

852 
851 
822 
849 
857 


3,394 
3,925 
4,057 
4,360 

4,010 
4,044 
4,055 
4,066 
4,140 
4,266 
4,408 
4,360 

4,280 
4,293 
4,356 
4,509 
4,621 


226 

49 

2 

3 
3 

2 
26 

1 
2 

2 
2 
2 
2 
2 


161 
180 
154 
52 

69 
55 
43 
75 
84 
72 
74 
52 

40 
32 
55 
40 
36 


3,233 
3,971 
3,952 
4,310 

3,944 
3,992 
4,012 
3,991 
4,058 
4,219 
4,335 
4,310 

4,242 
4,263 
4,303 
4,471 
4,487 


as at Dec. 31 

1949 

1960 

1951 

1952 
End of 
May-1952 
. une 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.-1953 

Feb. 
Mar. 
Apr. 
May 



2. GOVERNMENT OF CANADA SECURITIES 



Outstanding'" 



Direct Funded Debt 



Unmatured 



Special 
Banking 
Issues '"' 



1,200 
1,600 
1,400 
1,400 

1,400 
1,400 
1,500 
1,600 
1,600 
1,500 
1,400 
1,400 

1,375 
1,500 
1,550 
1,600 
1,400 



Other 
market 
Issues 



12,755 
12,586 
12,225 
12,020 

12,173 
12,173 
12,173 
12,172 
12,172 
12,172 
12,021 
12,020 

12,080 
12,080 
12,055 
12,055 
12,056 



Non- 
market 
Debt"" 



1,227 
1,218 
1,194 
1,250 

1,081 
1,061 
1,044 
1,029 
1,011 
1,032 
1,273 
1,250 

1,237 
1,225 
1,206 
1,190 
1,163 



Total 



15,182 
15,304 
14,819 
14,670 

14,654 
14,634 
14,717 
14,701 
14,683 
14,704 
14,694 
14,670 

14,692 
14,805 
14,811 
14,845 
14,618 



Matured 

and 

out- 
standing 



53 
51 
21 
19 

21 
21 
21 
20 
19 
19 
19 
19 

19 
18 
20 
19 
17 



•^ The term General Public refers to holdings of non-residents as well as 
residents; for an approximate division between resident and non-resident 
holdings on a quarterly basis see Table III, page 77. 

For a division of resident holdings between corporate and non-corporate 
holdings as at year ends see Statistical Summary September 1952 Table 
111-B, pages 145-146. 

(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. cheoues on other banks as shown in chartered bank 
month-end returns to the Minister of Finance; (c) Canadian dollar deposits 



Total 



15,235 
15,355 
14,840 
14,689 

14,676 
14,665 
14,738 
14,721 
14,702 
14,722 
14,713 
14,689 

14,710 
14,824 
14,831 
14,864 
14,635 



Guar- 




anteed 
Un- 


Exchange 


rate ad- 


matured 
Funded 


justment 
(11) 


Debt 




548 


36 


577 


2 


529 


27 


528 


43 


629 


40 


529 


44 


529 


46 


528 


48 


528 


48 


528 


45 


528 


41 


628 


43 


628 


43 


628 


38 


528 


38 


528 


36 


528 


34 



Total 

(including 
exchange 
rate adjust- 
ment) 



15,819 
15,934 
15,342 
15,174 

15,164 
15,140 
15,221 
15,201 
15,182 
15,205 
15,199 
15,174 

15,195 
15,314 
15,321 
15,356 
15,129 



DISTRIBUTION"" 



Bank 

of 

Canada 



2,009 
1,942 
2,191 
2,227 

2,028 
2,069 
2,124 
2,156 
2,135 
2,183 
2,172 
2,227 

2,154 
2,229 
2,182 
2,233 
2,186 



Chartered 
Banks 



3,112 
3,079 
2,754 
2,784 



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. 

(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 classification of Canadian loans see Table V 
page 60. 

(6) Provincial. Municipal and "Other" securities. 



Govern- 
ment 
Accounts 



1 

J 



796 

847 

1,009 

1,101 



2,968 


, 1,013 


2,953 


1,028 


3,029 


1,040 


3,024 


1,052 


3,028 


1,071 


2,991 ■ 


1,083 


2,839 


1,096 


2,784 


1,101 


2,863 


1,101 


2,940 


1,096 


3,024 


1,093 


3,038 


1,090 


2,915 


1,183 



General 
Public 



9,902 

10,066 

9,388 

9,062 

9,155 
9,090 
9,028 
8,969 
8,948 
8,948 
9,092 
9,062 

9,077 
9,049 
9,022 
8,995 
8,845 



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 

"<) 






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 


Non- 
market 

(ID) 


Total 




















as at Dec. 31 


4,422 


3,761 


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 


1960 


4,843 


3,894 


8,194 


1,194 


9,388 


18,125 


3,952 


14,173 


1961 


6,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,055 


1952 


4,812 


3,999 


8,074 


1,081 


9,155 


17,966 


3,944 


14,022 


May-1952 


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. 


6,015 


4,114 


7,937 


1,011 


8,948 


18,077 


4,058 


14,019 


Sept. 


6,143 


4,113 


7,916 


1,032 


8,948 


18,204 


4,219 


13,986 


Oct. 


5,129 


4,125 


7,819 


1,273 


9,092 


18,346 


4,336 


14,011 


Nov. 


5,173 


4,129 


7,812 


1,260 


9,062 


18,365 


4,310 


14,054 


Dec. 


5,011 


4,139 


7,840 


1,237 


9,077 


18,227 


4,242 


13,985 


Jan.-1953 


5,001 


4,192 


7,824 


1,226 


9,049 


18,242 


4,263 


13,979 


Feb. 


5,041 


4,242 


7,816 


1,206 


9,022 


18,305 


4,303 


14,002 


Mar. 


5,228t 


4,276t 


7,805 


1,190 


8,995 


18,499 


4,471 


14,028 


Apr. 


5,136 


4,268 


7,682 


1,163 


8,845 


18,249 


4,487 


13,762 


May 



(7) Net of all related asset and liability items of the chartered banks and Bank 
of Canada which are not shown elsewhere in this table; includes foreign 
currency items and liabilities to shareholders. 

(8) Net of sinking fund holdings (except as noted in footnote 16). 

(9) Treasury Bills; Deposit Certificates and short-term notes issued directly 
to the Bank of Canada and chartered banks. ■ ti j 

(10) Refundable Tax, War Savings Certificates and Canada Sayings Bonds. 

(11) Adjustment necessary to change value of foreign pay securities from £l = 
4.86f U.S. = 4.861 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 Summary. Sept. 19S2, Table IV. pages 145-146. 



(13) Including any special banking issues held by tlie 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 I. "Related Bank Assets", under the 
heading "Bank of Canada Gold and Exchange holdings (net) they 
affect changes in Government of Canada Securities outstanding. 

(16) Including $75 millions of bonds purchased in the New York market 
during May 1953 which are held in a sinking fund account. 

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. t Revised. 



95 JUNE 1953 

CHARTERED BANKS: CANADIAN DEPOSITS, CANADIAN LOANS AND 

NON-GOVERNMENT SECURITIES. AND GOVERNMENT OF CANADA SECURITIES 



MILLIONS OF DOLLARS 



10000 



9000 



8000 



7000 



3500 



MILLIONS OF DOLLARS 



2500 




1950 1951 

(1) Provincial, Municipal and Coiporate Securities. 



1953 



10000 



9000 



8000 



4500 



3500 



2500 



CHARTERED BANKS: DISTRIBUTION OF MAJOR CANADIAN ASSETS 

(EXPRESSED AS A PERCENTAGE OF CANADIAN DEPOSITS) 



PERCENT 



PERCENT 



55 



MONTH -END 



55 



TOTAL CANADIAN LOANS 
^AND NON-GOVT. SECURITIES 



50 



45 




CASH RESERVES 
AND GOVT OF CANADA SECURITIES 



40 



1950 



1951 



1952 



1953 



50 



45 



40 



JUNE 1953 



96 



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. 




Rond 


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 










1952— 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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 


Feb. 


3.65 


3.62 


3.44 


3.08 


Mar. 


3.65 


3.56 


3.43 


3.11 


Apr. 


3.66 


3.56 


3.43 


3.14 


May 


3.69 


3.62 


3.48 


3.21 


June 


3.72 


3.72 


3.54 


3.28 



Long Term 


Market Yields 


Average of Business Days 


Canada") 


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 


3.52 


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 


3.59 


4.16 


2.74 


3.60 


4.09 


2.77 


3.60 


3.97 


2.85 


3.62 


3.87 


2.90 


3.64 


3.83 


3.05 


3.70 


3.85 


3.11 



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 


1.076 


2.167 


1.795 


.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 


1.349 


2.415 


2.138 


1.349 


2.398 


2.124 


1.473 


2.432 


1.993 


1.503 


2.232 


2.098 


1.528 


2.415 


2.219 


1.530 


2.383 


2.271 


1.699 


2.368 


2.229 



(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 2H% due Dec. 15, 1963-68. It was not eligible for commercial banks before Dec. 1. 1952. 



V— GOVERNMENT BOND YIELDS 

Bank of Canada 



(1) 





1950 


1951 


1952 


1953 




June 30 Dec. 30 


Mar. 31 June 30 Sept. 28 


Dec 31 Mar.31 June30Sept.30Dec. 31Mar.31 June30 


Government of Canada 



Internal Issues 
2% due Dec 15, 1954">. 
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. 
2M% due Sept. 1, 1974.... 
4H% due July 1, 1957(3).. 



2.02 


2.33 


2.69 


2.48 


2.50 


2.56 


2.61 


2.73 


3.02 


3.12 


3.15 


2.35 


2.76 


3.16 


3.07 


3.05 


3.22 


3.20 


3.28 


3.48 


3.44 


3.37 


2.62 


3.02 


3.19 


3.15 


3.13 


3.40 


3.46 


3.58 


3.74 


3.70 


3.52 


2.78 


3.02 


3.22 


3.24 


3.25 


3.49 


3.51 


3.54 


3.62 


3.59 


3.63 


2.24 


2.35 


2.91 


2.92 


2.66 


2.60 


2.73 


2.58 


2.45 


2.44 


2.51 


2.70 


2.70 


2.96 


3.02 


2.93 


3.06 


3.04 


2.93 


2.98 


3.03 


3.20 


2.50 


2.59 


2.95 


3.12 


2.86 


3.15 


2.70 


2.65 


2.61 


2.77 


3.05 



3.17 
3.56 
3.66 
3.72 



3.15 
3,31 
3,22 



United States Government 



1^% due Mar. 
21^% due Mar. 
2H% due Dec. 
2H% due Dec. 



15, 1954..., 
15, 1956/58 
15, 1963/68 
15, 1967/72 



1.46 


1.62 


2.01 


1.97 


1.95 


2.07 


1.78 


1,92 


2.03 


2.12 


2.10 


1.62 


1.80 


2.17 


2.14 


2.09 


2.19 


2.10 


2.16 


2.43 


2.38 


2.50 


2.27 


2.35 


2.53 


2.71 


2.60 


2.70 


2.67 


2.56 


2.75 


2.72 


2.89 


2.42 


2.45 


2.56 


2.69 


2.62 


2.75 


2.70 


2.63 


2.77 


2.80 


2.94 



2.27 
2.68 
3.01 
3.01 



United Kingdom Government 



2H7o due Feb. 

3% due Oct. 
2M% due May 

3% due Aug. 



15, 1955.... 

15, 1955/59 

1, 1964/67 

15, 1965/75 



2.05 


1.84 


1.79 


2.00 


1.75 


2.42 


3.12 


3.61 


2.96 


2.97 


2.86 


2.42 


2.25 


2.25 


2.50 


2.06 


3.05 


3.42 


3.47 


3.16 


3.08 


2.98 


3.03 


2.95 


3.15 


3.35 


3.35 


3.85 


4.09 


4.36 


4.00 


3.96 


3.73 


3.43 


3.26 


3.43 


3.68 


3.69 


4.15 


4.33 


4.56 


4.19 


4.22 


4.03 



3.12 
2.72 
3.64 
4.02 



(1) Based on approximate market bid side. 



(2) New issue. 



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



97 



Cents per Unit 



VI— FOREIGN EXCHANGE RATES' 

Bank of Canada 



Business 
Days 



1946 
1947 
1948 
1949 
1950 
1951 
1952 

1952-June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1963-Jan. 
Feb. 
Mar. 
Apr. 
May 
June 



U.S. Dollar in Canada 



High 



110.25 
100.25 
100.25 
110.25 
110.25 
107.31 
101.31 

98.38 
97.75 
96.66 
96.06 
97.16 
98.63 
97.53 

97.38 
98.44 
98.63 
98.63 
99.78 
99.63 



Low 



100.25 
100.25 
100.25 
100.25 
103.25 
101.19 
95.88 

97.19 
96.06 
95.88 
95.88 
96.00 
96.50 
96.63 

96.76 
97.00 
97.75 
98.00 
98.66 
99.16 



Noon Average 

of business 

days 



105.75 
100.25 
100.25 
103.08 
108.92 
105.28 
97.89 

97.92 
96.91 
96.11 
95.98 
96.43 
97.66 
97.06 

97.05 
97.73 
98.33 
98.37 
99.41 
99.44 



£ Sterling in Canada 



High 



444.00 
403.00 
403.00 
403.00 
308.00 
300.50 
281.25 

274.13 
272.25 
269.75 
267.44 
271.19 
276.19 
273.56 

273.56 
277.50 
277.63 
277.94 
280.94 
280.38 



Low 



403.00 
403.00 
403.00 
308.00 
289.25 
281.38 
266.75 

270.63 
267.31 
267.13 
266.75 
267.25 
270.56 
270.69 

272.38 
273.44 
275.31 
275.69 
278.06 
278.88 



Noon Average 

of business 

days 



425.54 
403.00 
403.00 
376.13 
304.44 
294.68 
273.40 

272.68 
270.21 
268.05 
267.11 
269.36 
273.52 
272.40 

273.05 
275.55 
276.92 
277.13 
279.80 
279.82 



(1) Prior to October 2, 1950, there were official buying and selling rates for the U.S. Dollar and 
Sterling in Canada. The rates used in the table prior to this date are the mid-rates between official 
buying and selling rates, or the averages thereof. Accordingly the "High" differs from the "Low" only 
in the years when the official rates were changed. Effective October 2, 1950, official rates were discon- 
tinued and rates thereafter are noon rates as reported on transactions between banks in the exchange 
market. Commencing with 1950, averages are based on five-day week quotations. 



JUNE 1953 

VII— OFFICIAL HOLDINGS OF 
GOLD AND U.S. DOLLARS"' 

mm. U.S. Dept. of Finance 



End 




US 




of 
period 


Gold 


Dollars 


Total 


1946 


536.0 


708.9 


1,244.9 


1947 


286.6 


215.1 


501.7 


1948 


403.1 


596.5 


997.8 


1949 


486.4 


630.7 


1,117.1(2) 


1950 


580.0 


1,161.5 


1,741.5 


1951 


841.7 


936.9 


1,778.6 


1952 


885.0 


975.2 


1,860.2 


1952-June 


884.4 


943.3 


1,827.7 


July 


878.2 


966.8 


1,845.0 


Aug. 


873.9 


974.0 


1,847.9 


Sept. 


883.1 


972.5 


1,855.6 


Oct. 


875.3 


980.7 


1,856.0 


Nov. 


875.5 


966.5 


1,842.0 


Dec. 


885.0 


975.2 


1,860.2 


1953-Jan. 


888.5 


978.3 


1,866.8 


Feb. 


892.9 


944.2 


1,837.1 


Mar. 


905.8 


939.5 


1,845.3 


Apr. 


913.7 


930.0 


1,843.7 


May 


923.0 


838.2 


1,761.2 


June 


934.7 


815.4 


1,750.1 



(1) Gold and U.S. dollars held by the Exchange Fund 
Account and Bank of Canada and U.S. dollars held by 
other Govt, of Canada Accounts. 

(2) Exclusive of $18.2 mm. set aside out of the proceeds of 
a refunding issue for the purpose of retiring on Feb. 1, 
1950, a security issue guaranteed by the Govt, of 
Canada and payable in U.S. dollars. 



UNITED STATES DOLLAR IN CANADIAN FUNDS 

CANADIAN DOLLARS CANADIAN DOLLARS 



.08 



1.04 



1.00 



MONTHLY 



JUNE 1953 



BUSINESS DAYS 




.96 



.96 



.92 



O N D 
1950 



J F M A M 



J J 
1951 



ASONDJFMAM 



J J 
1952 



ASONDJFMAM 



J J 
1953 



A S N 



92 



JUNE 1953 



Millions of Dollars 



98 



VIII— CONSUMER CREDIT OUTSTANDING"' 

ESTIMATES OF SELECTED ITEMS 





Charge 
Accounts (2) 


Instalment Credit 


Cash 
Personal 
Loans (') 


Total of 




Retail 
Dealers (3) 


Finance 
Companies^*) 


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 


1951 — 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 


186 


290 


388 


1,080 


1952 — Mar. 31 


353 


97 


176 


273 


385 


1,011 


June 30 


397 


136 


265 


401 


420 


1,218 


Sept. 30 


411 


179 


334 


513 


437 


1,361 


Dec. 31 1 


449 


239 


373 


612 


460 


1,521 


1953 — Mar. 31* 


418 


226 


423 


649 


479 


1,546 



SOURCES: Dominion Bureau of Statistics, Department of Finance, Department of Insurance, Department of Agriculture and Bank of Canada. 

(1) Estimates of cliarge 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. 

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

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

(4) 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. 

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



MILLIONS OF DOLLARS 

2100 



1800 



CONSUMER CREDIT OUTSTANDING 

ESTIMATES OF SELECTED ITEMS 

QUARTERLY 



(I) 



1500 



1200 



900 





















X 








.. y 






y 








1/ 

■l 1 1 


v 


1 1 1 







MILLIONS OF DOLLARS 

700 



1949 1950 1951 1952 1953 

(1) See footnotes to table above. 




1950 



1952 



1953 



■ ■ ■ ^rrrii 



99 



JUNE 1953 



JUNE 1953 



100 



IX— 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 


Proven Reserves 
at year-end^" 


Volume 


Ratio to 

World 

Production 


Volume 


Ratio of 

Canadian 

Production to 

Consumption 


Crude Oil Throughput Capacity") 


Total 

Crude 

Throughput 


Motor 

Vehicle 

Registrations 


Oil- 
Using 
Locomotives"' 


Oil- 
Heated 
Homes 






Quebec & 
Mari times 


Ontario 


Prairies 
& N.W.T. 


British 
Columbia 


» Total 
Canada 






Productive 


Dry 






Number 


Number 


No. 


Millions of hbls. 


Tlwus. bbls. per day 


% 


Thous. bbls. per day 


% 




Thousands o/ barrels; daily rate 






Thousands 


Number 


Thousands 




1939 


* 


36 


13 


* 


21 


0.4 


* 


• 


97 


44 


36 


23 


200 


. 


1,439 


* 


, 


1939 


1946 


540 


67 


51 


44 


21 


0.3 


225 


9.3 


105 


78 


41 


22 


246 


195 


1,622 


* 


* 


1946 


1947 


593 


130 


25 


150 


21 


0.3 


274 


7.7 


107 


88 


45 


22 


262 


210 


1,836 


352 


388 


1947 


1948 


658 


304 


79 


512 


34 


0.4 


292 


11.6 


132 


89 


68 


26 


315 


239 


2,035 


437 




1948 


1949 


941 


532 


107 


900 


59 


0.6 


320 


18.4 


146 


84 


78 


29 


337 


263 


2,291 


700 


* 


1949 


1950 


1,445 


790 


127 


1,100 


80 


0.8 


368 


21.7 


165 


75 


90 


29 


359 


298 


2,601 


877 


633 


1950 


1951 


2,099 


923 


302 


1,376 


130 


1.1 


424 


30.7 


182 . 


79 


121 


29 


411 


349 


2,872 


1,030 


777 


1951 


1952 


2,846 


1,200" 


* 


1,745 


167 


1.4 


469 


35.6 


182** 


100** 


130** 


29** 


441** 


379 


» 


* 


* 


1952 



•■ Not available. 



(1) 1946-1950. Industry sources; 1951-1952, Canadian Petroleum Association. 



(2) Capacity at year end. 



(3) C.N.R. and C.P.R. only, from Board of Transport Commissioners. 



Thousands of bands; daily rale 


CANADIAN CRUDE OIL PRODUCTION 












Western Canada 


Eastern 
Canada 






Alberta"' 










Total 




T 










Sask. 


Man. 


N.W.T. 


Total 






Valley 


Leduc 


Redwater 


Other 


Total 














1939 


20 


_ 


_ 


X 


20 


_ 


_ 




20 


1 


21 


1946 


18 


- 


- 


2 


20 


t 


- 




21 


t. 


21 


1947 


15 


1 


- 


3 


19 


1 


_ 




21 


X 


21 


1948 


13 


13 


t 


4 


30 


2 


- 




33 


1 


34 


1949 


12 


27 


13 


4 


56 


2 


- 




58 


1 


59 


1950 


10 


29 


30 


7 


76 


3 


- 




79 


1 


80 


1951 


8 


38 


63 


16 


125 


3 


t 




129 


1 


130 


1952 


7 


49 


66 


39 


161 


4 


t 




166 


1 


167 



(1) Alberta figures include natural gasoline production in 1950 and earlier years. 

(2) Ontario and New Brunswick. 
% Less than 500 barrels. 

Thousands of barrels; daily rate MARKET OUTLETS FOR WESTERN CANADIAN OIL 





Canadian Refineries 


U.S.A. 

(2) 






B.C. 


Albertal" 


Sask. 


Man. 


Ontario 


Mari times 
& Quebec 


Total 


Total 

(3) 


1946 


- 


16 


1 


2 


_ 




19 




19 


1947 


- 


15 


2 


2 


_ 


_ 


19 




19 


1948 


- 


22 


8 


2 


- 


_ 


32 


_ 


32 


1949 


- 


33 


19 


3 


_ 


_ 


55 




55 


1950 


- 


40 


27 


5 


- 


_ 


72 




72 


1951 


- 


47 


31 


13 


37 


_ 


128 


1 


129 


1952 


1 


55 


33 


17 


54 


- 


160 


4 


164 



(1) Includes N.W.T. 

(2) Lakehead region. 

(3) The shortfall in western oil received by refineries compared with total production in certain years represents the increase of crude oU in storage at transportation 
terminals, in pipehnes, etc. and small quantities of crude used by producers at the field. "luraBe ai irannporiatiou 



Thousands 


of barrels; daily 


rale, SOURCE OF PETROLEUM USED IN CANADAt 








Crude Oil Received by Canadian Refineries | 


Domestic 
Product 


Increase 
in 


Net Imports 
of 


Apparent 
Consumption 




Foreign 


Domestic 


Total 




U.S. 


Venezuela 


Middle East 


Other 


Total 


CD 


(2) 


(3) 


w 


1946 


101 


60 


_ 


12 


173 


19 


192 


204 


4 


25 


225 


1947 


107 


76 


_ 


8 


191 


19 


210 


222 


6 


58 


274 


1948 


91 


103 


11 


7 


212 


33 


245 


244 


9 


57 


292 


1949 


81 


94 


25 


7 


207 


56 


263 


269 


-2 


49 


320 


1950 


86 


83 


49 


6 


224 


72 


296 


304 


8 


72 


368 


1951 


58 


124 


37 


9 


228 


129 


357 


357 


14 


81 


424 


1952 


55 


139 


23 


8 


225 


161 


386 


387 


6 


88 


469 



(1) Net production of saleable products by Canadian refineries plus refinery fuel and losses. 

(2) Refinery inventories of all products plus marketing inventories for gasoline, distillate and residual fuels, and naphtha specialties. 

(3) Imports as reported in "Trade of Canada", D.B.S. less exports as reported in "Refined Petroleum Products", D.B.S. 

(4) For additional description see following table, 
t Revised. 



Thousands of barrels; daily rate 



USE OF PETROLEUM IN CANADAt 



1946 
1947 
1948 
1949 
1950 
1951 
1952 



Distributed for Commercial Use 



Aviation 
& Motor 
Gasoline 



93 
104 
115 
130 
142 
157 
179 



Distillate 
Fuels 



40 
63 
63 
69 
87 
105 
123 



Residual 
Fuels 



48 
59 



67 



94 
97 



Asphalt 



10 
11 
11 
12 
13 
15 



Lubri- 
cating 
Oil 



Liquified 

Petroleum 

Gases 



Other 
Products 



10 
10 
11 
10 
12 
13 
12 



Total 
Saleable 
Products 



204 
252 
269 
295 
342 
395 
439 



Used by Refineries 



Refinery Fuel 
Consumption 



15 
16 
18 
21 
23 
25 
27 



Refinery 
Losses 



Total 
Apparent 
Consumption 



225 
274 
292 
320 
368 
424 



(1) Includes tractor fuel, engine distillate, aviation turbine fuel, kerosene, stove oil, diesel fuel, furnace oil and other light fuel oil (Nos. 

(2) Includes heavy oil (Nos. 4, 5, 6) and bunker fuel. j, j . „ j . 

(3) Includes naphtha specialties, polymer feed stock, coke, grease, wax, candles and miscellaneous products. 

(4) Includes fuel oil. still gas and coke burned in refining processes, but does ml include additives to fuels produced. 

(5) Included with "Other Products", 
t Revised. 



Thousands of barrels; daily rate 














WORLD OIL PRODUCTION 

U.S. Bureau of Mines 






















Western Hemisphere 


World 
Total 


Eastern Hemisphere 






U.S. 


Venezuela 


Mexico 


Canada 


Colombia 


Argentina 


Trinidad 


Other 


Total 


U.S.S.R. 


Rumania 


Iran 


Saudi Arabia 


Iraq 


Kuwait 


Indonesia 


Brit. Borneo 


Other 


Total 




1911 
1921 
1931 
1939 
1946 
1947 
1948 
1949 
1950 
1951 
1952** 


604 
1,294 
2,332 
3,466 
4,751 
5,088 
5,520 
5,046 
5,407 
6,149 
6,268 


4 

319 

566 

1,064 

1,192 

1,339 

1,321 

. 1,498 

1,705 

1,792 


32 
530 

91 
118 
135 
154 
160 
167 
198 
212 
215 


4 
21 
21 
21 
34 
59 
80 
130 
167 


50 
65 
61 
68 
65 
81 
93 
105 
107 


6 
32 
51 
56 
60 
65 
62 
64 
69 
67 


6 
27 
53 
55 
56 
55 
56 
57 
57 
57 


8 
10 
32 
44 
42 
43 
47 
52 
53 
58 
61 


644 
1,850 
2,887 
4,384 
6,185 
6,682 
7,285 
6,844 
7,450 
8,485 
8,734 


943 

2,099 

3,763 

5,716 

7,522 

8,279 

9,381 

9,326 

10,373 

11,707 

12,240 


181 
79 
446 
594 
432 
514 
596 
651 
729 
788 
851 


30 
23 
136 
125 
86 
78 
93 
92 
88 
85 
81 


46 
122 
214 
402 
425 
520 
561 
664 
349 

29 


11 
164 
246 
390 
477 
547 
762 
826 


2 
84 
98 
98 
71 
85 
137 
175 
380 


16 
44 
127 
246 
344 
561 
749 


33 
46 
97 
170 
6 
22 
87 
123 
137 
158 
169 


4 
11 
20 
6 
36 
55 
69 
85 
103 
105 


55 
51 
62 
114 
127 
134 
157 
178 
192 
241 
316 


299 
249 
876 
1,332 
1,337 
1,597 
2,096 
2,482 
2,923 
3,222 
3,506 


1911 
1921 
1931 
1939 
1946 
1947 
1948 
1949 
1950 
1951 
1952** 


** Estimates f 


ora "World Oi 


", February 15 


19S3. 







































101 



JUNE 1953 



Millions of Current Dollars 



X— NATIONAL ACCOUNTS 

Dominion Bureau of Statistics 
GROSS NATIONAL PRODUCT 



(1) 



Calendar 


Wages, 
Salaries 
and Other 
Labour 
Income 


Military 

Pay and 

Allowances 


Investment 
Income 


Net Income of 
Unincorporated Business 


Net 

National 

Income 

at Factor 

Cost 


Indirect 
Taxes 

Less 
Subsidies 


Depreciation 

and 

Similar 

Business 

Costs 


Residual 
Error of 
Estimate 


Gross 

National 

Product 

at Market 

Prices 


Years 


Agricul- 
ture(2) 


Other 


1949 
1950t 
1951t 
1952t 


7,761 

8,311 

9,676 

10,743 


115 
137 
201 
270 


2,445 
3,155 
3,642 
3,666 


1,504 

1,503 
2,106 
1,934 


1,369 
1,444 
1,503 
1,522 


13,194 
14,550 
17,128 
18,135 


1,830 

2,018 
2,468 
2,687 


1,437 

1,636 
1,889 
2,070 


1 

-1 

-35 
119 


16,462 
18,203 
21,450 
23,011 



Millions of Current Dollars 



GROSS NATIONAL EXPENDITURE 



Calendar 


Personal 

Expenditure 

on Goods 

and 
Services 


Fed., Prov. and Municipal 

Gov't. Expenditures on 

Goods and Services(4) 


Gross Domestic 

Investment^) 


(8) (9) 

Exports 

of 

Goods and 

Services 


Gross 

Available 

Supply 


(9) 
Less Imports 
of Goods 

and 
Services 


Residual 
Error of 
Estimate 


Gross 

National 

Expenditure 

at Market 

Prices 


Years 


(5) 

Defence 


Other 


Housing, 
Plant and 
Equipment 


Change in 

Inventories 

(7) 


1949 
1950t 
1951t 
19521 


10,963 
12,029 
13,297 
14,334 


361 

493 

1,143 

1,832 


1,767 
1,833 
2,069 
2,384 


2,968 
3,216 
3,810 
4,138 


231 

960 

1,620 

278 


4,011 
4,183 
5,089 
5,581 


20,301 

22,714 
27,028 
28,547 


3,837 
4,513 
5,613 
5,417 


-2 

2 

35 
-119 


16,462 
18,203 
21,450 
23,011 



GROSS NATIONAL EXPENDITURE IN CONSTANT (1949) DOLLARS 

Millions of Constant (1949) Dollars 



Calendar 


Personal 

Expenditure 

on Goods 

and 
Services 


Federal, 

Provincial 

& Municipal 

Expenditures 

on Goods 

and 
ServicesW) 


(6) 

Gross Domestic Investment 


(8) (9) 
Exports 

of 
Goods 

and 
Services 


(9) 

Less Imports 
of Goods 

and 
Services 


Residual 

Error 

of Estimate 


Gross 

National 

Expenditure 

at Market 

Prices 


Years 


Housing 


Plant 


Equipment 


Change in 

Inventories 

(7) 


1949 
1950 
1951 
1952 


10,963 
11,645 
11,593 
12,241 


2,128 
2,215 

2,727 
3,493 


742 
760 
650 
649 


903 

970 

1,061 

1,164 


1,323 
1,317 
1,499 
1,569 


73 

591 

1,000 

391 


4,011 
4,034 
4,418 
4,883 


3,837 
4,210 
4,701 
4,907 


-2 

2 

31 

-100 


16,304 
17,324 
18,278 
19,383 



PERCENTAGE POINT CONTRIBUTION 



(10) 



1950 


4.2 


.5 


.1 


.4 


.1 


3.2 


.1 


2.3 




6.3 


1951 


-.2 


3.0 


-.6 


.5 


1.0 


2.3 


2.2 


2.9 


.2 


5.5 


1952 


3.5 


4.2 


— 


.5 


.4 


-3.3 


2.5 


1.1 


-.7 


6.0 



Millions of Current Dollars 



PERSONAL INCOME AND EXPENDITURE 



Calendar 


(U) 
Interest, 
Dividends 
and Net 
Rental 
Income 
of Persons 


(12) 
Another 
Personal 
Earnings 


Transfer 
Payments 

from Govt. 

to Persons 


Less Social 

Insurance 

and Govt. 

Pension 

Funds 

(Clontributions 


Total 
Personal 
Income 


(13) 

Less 

Personal 

Direct 

Taxes 


Disposable 
Income 


Less 

Personal 

Expenditure 

on Consumer 

Goods and 

Services 


Personal Savings 


Percentage 
of 

Disposable 
Income 
Saved 


Years 


in Farm 
Inventories 


Total (incl. 
Farm In- 
ventories 


1949 
1950t 
1951t 
1952t 


1,180 
1,320 
1,447 
1,570 


10,866 
11,317 

13,547 
14,469 


950 
1,033 
1,030 
1,370 


239 
256 
313 
336 


12,757 
13,414 
15,711 
17,073 


789 

740 

1,028 

1,320 


11,968 
12,674 
14,683 
15,753 


10,963 
12,029 
13,297 
14,334 


-72 
131 
354 
238 


1,005 

645 

1,386 

1,419 


8.4 
5.1 
9.4 

9.0 



(1) Includes Newfoundland commencing in 1949. 

(2) Accrued net income of farm operators from farm production. 

(3) Includes an estimate of capital outlay charged to current account, the 
claim portion of fire insurance premiums, and bad debt allowances. 

(4) Includes capital expenditures by govt, (other than govt, business enter- 
prises), clianges in inventories of govt, commodity agencies and the 
Defence Production Revolving Fund. Excludes shipments under NATO 
of previously produced military equipment but includes replacement of 
new equipment. 

(5) Includes only expenditures on goods and services by the Departments of 
National Defence and Defence Production. 

(6) Includes capital expenditures by govt, business enterprises. 

(7) Includes grain held by the Canadian Wheat Board. 

(8) Excludes exports financed by Govt, of Canada expenditure on Mutual 
Aid and foreign relief. 

(9) Minor adjustments have been made by D.B.S. to the figures of current 



receipts and payments as shown in the "Canadian Balance of International 
Payments" to achieve consistency with other component series. 

(10) Point contribution to percentage cliange from previous year in volume 
of G.N.E. 

(11) Includes all govt, debt interest paid to persons. Includes charitable 
donations from corporations. 

(12) Wages, salaries and supplementary labour income, military pay and 
allowances, net income of agriculture (excluding undistributed earnings 
and inventory valuation adjustment of the Canadian Co-op. Wheat 
Producers and the Canadian Wheat Board), and other unincorporated 
business, plus net bad debt losses of corporations. The latter are included 
under "Depreciation and Similar Business Costs" and amounted to an 
annual average of $23 mm. over the last five years. 

(13) Includes succession duties. 
t Revised. 



JUNE 1953 



102 



XI— U.S. ECONOMIC STATISTICS 









U.S. Department of 


Commerct 






U.S. 


Dept. of Labor 


Federal Reserve 




Gross 
National 
Product 


Change in 

Business 

Inventories 


Govt. 

Expend- 
iture on 
National 
Security 
(1) 


Personal 

Savings 

as a 

Percentage 

of 

Disposable 

Income 


Con- 
struction 
(3) 


Unem- 
ployment 


Retail 

Sales 

(4) 


Consumer 
Price 
Index 


Wholesale 

Prices 
All Com- 
modities 


Average 
Hourly 
Earnings 
in Manu- 
facturing 
(5) 


Total 
Industrial 
Production 


Output of 

Consumer 

Durables 

(3) 




Bilh 


ons of Dolla 


rs(2) 


Billions of $ 


Millions 


Billions of $ 


1947-49 = 100 


Dollars 


1935-39 = 100 


1947-49 = 100 


Annual AveragesW 
1929 


103.8 


1.6 


* 


4.5 


10.8 


1.6 


48.5 


73.3 


61.9 


.57 


no 


* 


1933 


55.8 


-1.6 


* 


-2.7 


2.9 


12.8 


24.5 


55.3 


42.8 


.44 


69 


* 


1937 


90.2 


2.3 


* 


5.5 


7.0 


7.7 


42.2 


61.4 


56.1 


.62 


113 


* 


1946 


211.1 


6.1 


21.2 


7.6 


12.0 


2.3 


102.5 


83.4 


78.7 


1.09 


170 


* 


1950 


284.2 


5.5 


18.5 


5.5 


28.8 


3.1 


143.7 


102.8 


103.1 


1.47 


200 


153 


1951 


329.2 


10.3 


37.1 


7.6 


30.9 


1.9 


158.2 


111.0 


114.8 


1.59 


220 


122 


1952 


346.1 


3.1 


49.2 


7.7 


32.3 


1.7 


164.1 


113.5 


111.6 


1.67 


219 


108 


Monthly 

1952— Feb. 










2.1 


2.1 


13.4 


112.4 


112.5 


1.64 


222 


102 


Mar. 


339.7 


.6 


46.4 


7.1 


2.3 


1.8 


13.0 


112.4 


112.3 


1.66 


221 


104 


Apr. 










2.5 


1.6 


13.4 


112.9 


111.8 


1.66 


216 


103 


May 










2.7 


1.6 


13.9 


113.0 


111.6 


1.66 


211 


105 


June 


342.6 


.1 


50.3 


6.9 


2.9 


1.8 


14.0 


113.4 


111.2 


1.66 


204 


108 


July 










3.0 


1.9 


13.7 


114.1 


111.8 


1.65 


193 


71 


Aug. 










3.1 


1.6 


13.4 


114.3 


112.2 


1.67 


215 


84 


Sept. 


343.0 


3.7 


49.6 


8.4 


3.1 


1.4 


13.6 


114.1 


111.8 


1.70 


228 


121 


Oct. 










3.0 


1.3 


14.2 


114.2 


111.1 


1.71 


230 


125 


Nov. 










2.8 


1.4 


14.0 


114.3 


110.7 


1.72 


234 


134 


Dec. 


359.0 


8.1 


50.4 


8.5 


2.5 


1.4 


14.4 


114.1 


109.6 


1.73 


235 


134 


1953— Jan. 










2.3 


1.9 


14.1 


113.9 


109.9 


1.74 


236 


141t 


Feb. 










2.2 


1.8 


14.5 


113.4 


109.6 


1.74 


240 


148 


Mar. 


361.0 


1.7 


51.2 


7.9 


2.4t 


1.7 


14.4 


113.6 


110.0 


1.75 


243t 


148 


Apr.** 










2.6 


1.6 


14.4 


113.7 


109.4 


1.75 


241 


148 


May** 










2.9 


1.3 


14.4 


114.0 


109.8 


1.75 


241 


144 



(1) Includes stockpiling, atomic energy, and Mutual Defence Assistance in 
addition to strictly military programmes. 

(2) Seasonally adjusted annual rates. 

(3) Value of new work put in place. 

(4) Seasonally adjusted. 



(5) Production workers. 

(6) Quarterly averages for first four columns. Calendar year totals in the case 
of "Retail Sales" and "Construction". 

* Not available. ** Preliminary. t Revised. 



XII— INTERNATIONAL SECURITIES TRANSACTIONS'" 

Millions of Dollars Compiled from "Sales & Purchases of Securities between Canada & Other Countries," Dominion Bureau of Statistics 



Quarterly Totals 


1952 


1953 


I 1 II 1 III 


IV 


I* 


Net Sales (+) or Purchases (-) By Canadians 



Canadian Securities: 
Outstanding issues 

New issues 

Retirements 

Foreign Securities: 
Outstanding issues 

New issues 

Retirements 

Total 



+ 89 
- 12 



+ 6 
- 19 



+ 64 



- 19 
+ 161 

- 41 



+ 2 
- 1 



+102 



-51 

+23 
- 7 



+ 2 



-33 



-25 

+46 
-29 



+ 10 
+ 112 
- 25 



+ 1 
- 1 
+ 1 

+ 98 



Detail of Trade in Outstanding Issues 














Sales 


Purchases 


Sales 


Purchases 


Sales 


Purchases 


Sales 


Purchases 


Sales 


Purchases 




To 


From 


To 


From 


To 


From 


To 


From 


To 


From 


Canadian Securities: 






















Bonds — Govt, of Canada direct & 






















guaranteed; United States. . . . 


7 


39 


12 


51 


5 


51 


3 


41 


10 


15 


Other countries . . 


4 


6 


3 


3 


1 


— 


3 


3 


4 


2 


Other bonds; United States. .. . 


11 


4 


14 


19 


8 


30 


14 


11 


10 


14 


Other countries . . 


2 


1 


2 


- 


2 


1 


2 


- 


2 


1 


Shares; United States. .. . 


87 


63 


87 


61 


65 


53 


52 


47 


77 


65 


Other countries . . 


12 


10 


7 


10 


9 


6 


10 


7 


13 


9 


Total Canadian Securities 


123 


123 


125 


144 


90 


141 


84 


109 


116 


106 


Foreign Securities: 




Bonds; United States. . . . 


1 


1 


1 


1 


2 


1 


1 


2 


4 


4 


Shares; United States. .. . 


25 


19 


15 


14 


12 


12 


17 


17 


25 


25 


Bonds & shares ; Other countries . . . 


1 


1 


2 


1 


1 


- 


1 


- 


2 


1 


Total Foreign Securities 


27 


21 


18 


16 


15 


13 


19 


19 


31 


30 







(1) Includes all portfolio security transactions between Canada and other countries based on delivery dates and transaction values. * Preliminary. 



!*iH :' - * ^liA . 



103 



1935-39 = 100 



JUNE 1953 



XIII— VOLUME OF INDUSTRIAL PRODUCTION'" 

INDEXES NOT SEASONALLY ADJUSTED 

"Canadian Statistical Review" , Dominion Bureau of Statistics 





Total 


Mining 


Manufacturing 


Electricity 




Total 


Non- 
Durables 


Durables 


Manufactured 
Gas 


Weighting 


100.0 


16.8 


75.6 


46.1 


29.5 


7.6 


Annual Average 
1935 


85,6 


79.5 


86.5 


89.0 


82.7 


90.4 


1937 


108,0 


103.8 


109.3 


106.7 


113.2 


105.1 


1939 


109,7 


118.0 


108.1 


108.2 


107.9 


107.5 


1945 


187.2 


100.9 


209.8 


176.3 


262.1 


152.1 


1946 


171.9 


97.1 


189.9 


180.2 


205.1 


157.8 


1947 


187.8 


106.2 


207.7 


191.2 


233.5 


169.3 


1948 


196.3 


122.2 


215.5 


197.1 


244.4 


168.6 


1949 


199.6 


131.7 


217.0 


198.2 


246.3 


176.1 


1950 


211.5 


145.4 


228.1 


208.3 


259.1 


190.9 


1951 


226.5 


161.8 


242.1 


214.0 


285.9 


214.2 


1952 


232.9 


174.7 


246.3 


215.2 


294.8 


228.8 


Monthly 
1952— Feb. 


218.6 


146.9 


233.0 


201.8 


281.7 


233.9 


Mar. 


222.2 


146.8 


238.2 


205.9 


288.6 


228.9 


Apr. 


230.7 


164.9 


244.8 


212.2 


295.8 


235.5 


May 


234.6 


181.1 


246.7 


213.9 


298.0 


232.1 


June 


238.3 


186.0 


251.3 


219.6 


300.9 


224.3 


July 


228.3 


184.6 


239.8 


213.4 


281.2 


210.2 


Aug. 


234.2 


183.0 


247.6 


221.8 


287.9 


214.2 


Sept, 


244.1 


197.5 


256.5 


224.9 


306.0 


223.1 


Oct. 


248.1 


198.7 


260.4 


228.1 


310.8 


235.1 


Nov. 


248.1 


184.5 


263.5 


232.4 


312.2 


235.3 


Dec. 


235.7 


173.3 


248.9 


213.4 


304.5 


241.4 


1953— Jan. 


232.1 


164.6 


245.6 


203.4 


311.6 


246.7 


Feb. 


241.8 


162.6 


258.1 


214.1 


327.0 


254.4 


Mar, 


246.6* 


160.2 


265.3* 


221.5 


333.7* 


251.0 


Apr, 


256.1* 


176.8* 


272.6* 


229.8* 


339.6* 


266.1* 



(1) Refer to D.B.S. Reference Paper No. 34 "Revised Index of Industrial Production, 1935-1951," for background material. 



* Preliminary. 



INDEXES OF INDUSTRIAL PRODUCTION 

NOT SEASONALLY ADJUSTED 



INDE X 1935-39-100 

270 



INDEX 1935-39-100 



TOTAL 



MANUFACTURING 



290 



250 




JUNE 



DEC. 



JUNE 1953 



104 



XIV— PRICE INDEXES 

"Prices and Price Indexes", Dominion Bureau of Statistics 

WHOLESALE PRICES CONSUMER PRICES"' 

Index 1935-39 = 100 Index 1949 = 100 





Total 
Index 

(Mid- 
Month) 


Raw and 
Partly 
Manu- 
factured 


Fully & 
Chiefly 
Manu- 
factured 


FARM products"* 


Total 
Index 

(1st of 
Month) 


Food 


Shelter 


Clothing 


Household 
Operation 


Other 
Com- 
modities 
& Services 




Fieldt 


Animal 


Totalt 




100 


32 


15 


U 


17 


25 


Average of Months 

1926 


130.3 


129.1 


133.0 


158.5 


130.2 


144.4 


75.9 


* 


* 


* 


* 


* 


1929 


124.6 


126.1 


123.7 


137.2 


144.4 


140.8 


75.8 


* 


* 


* 


* 


* 


1933 


87.4 


79.3 


93.3 


69.3 


69.2 


69.3 


58.8 


* 


* 


* 


* 


* 


1937 


107.7 


113.7 


104.4 


128.9 


106.0 


117.4 


63.0 


* 


* 


* 


* 


* 


1946 


138.9 


140.1 


138.0 


177.9 


181.2 


179.5 


77.5 


* 


* 


* 


* 


* 


1949 


198.3 


197.1 


199.2 


191.9 


265.4 


228.7 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


1950 


211.2 


212.8 


211.0 


191.9 


281.4 


236.7 


102.9 


102.6 


106.2 


99.7 


102.4 


103.1 


1951 


240.2 


237.9 


242.4 


200.4 


336.9 


268.6 


113.7 


117.0 


114.4 


109.8 


113.1 


111.5 


1952 


226.0 


218.7 


230.7 


216.9 


277.5 


247.2 


116.5 


116.8 


120.2 


111.8 


116.2 


116.0 


Monthly 
1952— May 


224.6 


220.2 


227.8 


240.0 


265.4 


252.7 


115.9 


115.5 


119.6 


112.3 


116.2 


115.6 


June 


226.3 


220.4 


230.3 


244.4 


271.4 


257.9 


116.0 


115.7 


120.4 


111.8 


115.9 


115.7 


July 


225.4 


218.2 


229.8 


230.2t 


276.8 


253.5t 


116.1 


116.0 


120.6 


111.7 


115.9 


115.6 


Aug. 


223.7 


216.2 


228.5 


208.1 


277.2 


242.7 


116.0 


115.7 


120.6 


111.6 


115.8 


115.8 


Sept. 


221.9 


212.4 


227.6 


194.8 


269.1 


231.9 


116.1 


115.8 


121.2 


110.9 


116.0 


115.8 


Oct. 


220.2 


209.7 


227.4 


192.7 


263.0 


227.8 


116.0 


115.1 


121.5 


109.9 


116.2 


116.4 


Nov. 


221.5 


210.5 


228.2 


192.1 


266.5 


229.3 


116.1 


115.7 


121.4 


109.8 


115.9 


116.6 


Dec. 


221.1 


210.0 


227.8 


189.4 


268.3 


228.8 


115.8 


114.1 


122.2 


109.7 


116.1 


116.6 


1953— Jan. 


221.5 


209.4 


229.0 


186.4 


266.4 


226.4 


115.7 


113.5 


122.3 


109.7 


116.5 


116.7 


Feb. 


220.9 


207.9 


228.8 


182.1 


263.1 


222.6 


115.5 


112.7 


122.5 


109.6 


116.6 


116.7 


Mar. 


221.9 


209.8 


229.2 


177.3 


264.3 


220.8 


114.8 


111.6 


122.5 


109.7 


116.7 


115.2 


Apr. 


219.6 


205.7 


227.9 


173.0 


256.0 


214.5 


114.6 


110.9 


122.7 


109.7 


116.9 


115.0 


May 


220.1 


206.3 


228.3 


170.6 


263.2 


216.9 


114.4 


110.1 


122.9 


110.1 


116.6 


115.1 


June 














114.9 


111.4 


123.6 


110.1 


116.6 


115.1 



(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) 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. The Consumer Price Index prior to 1949 is the 
Cost-of-Living Index inclusive of all tobacco taxes linked to the Consumer 
Price Index 1949 =-100. 
Not available. 



XV— NET INCOME OF FARM OPERATORS FROM FARM OPERATIONS 

Millions of Dollars "Farm Net Income", Dominion Bureau of Statistics 



(1) 



Canada 



P.E.I. 



N.S. 



N.B. 



Que. 



Ont. 



Man. 



Sask. 



Alta. 



B.C. 



1951 1 



Cash income^*' 

Income in kind 

Inventory increases 

Gross income 

Operating and depreciation . . 

Net income (ex. supp. pay.) 
Supplementary payments. . . 
Net income of 

farm operators 



2,811.9 
434.6 
353.5 



3,600.0 

1,421.7 



2,178.3 
10.4 



2,188.6 



26.7 
6.0 
-.3 

32.4 
14.8 

17.6 



17.6 



44.6 
17.3 



62.7 
35.7 

27.0 



27.0 



48.2 

18.4 

.6 

67.2 
30.6 

36.5 



36.5 



426.4 

103.5 

23.3 

553.2 
219.8 

333.4 



333.4 



790.9 

130.9 

54.3 

976.1 
399.7 

576.4 



576.4 



262.4 
31.5 
11.1 

305.0 
124.6 

180.4 
.4 

180.8 



631.0 

61.2 

148.4 

840.6 
292.4 

548.2 
5.5 

553.8 



466.0 

50.5 

114.1 

630.7 
233.6 

397.1 

4.2 

401.3 



115.8 

15.1 

1.3 

132.1 
70.5 

61.6 
.2 

61.8 



1952* 



Cash income'^* 

Income in kind 

Inventory increases 


2,778.3 
433,7 
237.6 


31.3 
6.0 


37.4 

18.0 

1.1 


48.9 

18.8 

.3 


385.9 

106.0 

-.1 


714.9 

131.7 

21.7 


246.1 
31.2 
11.3 


699.0 

57.6 

137.2 


506.7 
49.0 
63.4 


108.2 

15.3 

2.8 


Gross income 

Operating and depreciation . . . 


3,449.7 
1.504.9 


37.3 
16.4 


56.5 
37.3 


68.1 
33.6 


491.9 
224.8 


868.3 
413.8 


288.5 
130.1 


893.8 
321.8 


619.0 
249.0 


126.3 
78.1 


Net income (ex. supp. pay.). 
Supplementary payments. . . . 
Net income of 

farm operators 


1,944.8 
5.1 


20.9 


19.2 


34.4 


267.1 


454.5 


158.4 
.2 


571.9 
2.6 


370.0 
2.3 


48.2 


1,949.9 


20.9 


19.2 


34.4 


267.1 


454.5 


158.6 


574.5 


372.3 


48.3 







(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. 
t Revised. * Preliminary. 



105 JUNE 1953 

XVI— INDEX NUMBERS OF PHYSICAL VOLUME OF AGRICULTURAL PRODUCTION"' 

Index 1935-39 = 100 "Index of Farm Production" , Dominion Bureau of Statistics 





Canada 


P.E.I. 


N.S. 


N.B. 


Que. 


Ont. 


Man. 


Sask. 


Alta. 


B.C. 


1935 


95.2 


90.5 


99.2 


93.7 


93.6 


98.7 


77.2 


106.9 


87.3 


91.2 


1936 


85.1 


102.2 


98.2 


105.1 


99.3 


90.2 


66.8 


83.9 


71.0 


94.8 


1937 


83.7 


99.6 


104.4 


105.5 


97.6 


102.1 


115.0 


31.1 


81.1 


101.1 


1938 


107.4 


102.1 


100.5 


94.5 


97.6 


101.1 


113.8 


103.1 


129.1 


102.5 


1939 


128.7 


105.6 


97.7 


101.1 


111.9 


108.0 


127.2 


175.0 


131.5 


110.4 


1941 


108.7 


90.6 


91.3 


101.9 


106.2 


107.4 


133.9 


110.1 


100.9 


113.4 


1942 


164.2 


121.9 


88.5 


104.0 


121.7 


125.0 


174.2 


247.8 


184.2 


99.9 


1943 


113.7 


102.7 


89.6 


133.2 


112.3 


89.4 


152.2 


138.1 


104.6 


114.7 


1944 


140.4 


119.2 


107.3 


136.8 


131.1 


114.0 


145.1 


196.4 


125.1 


140.0 


1945 


110.9 


121.3 


80.7 


106.7 


100.7 


107.6 


116.8 


129.3 


97.6 


131.1 


1946 


125.6 


123.6 


100.3 


119.6 


112.2 


117.6 


139.1 


138.7 


122.7 


151.9 


1947 


116.0 


128.9 


86.7 


119.0 


102.6 


107.7 


122.1 


128.2 


115.8 


146.8 


1948 


125.1 


133.3 


91.8 


124.3 


121.6 


119.0 


143.8 


131.8 


118.5 


143.7 


1949 


122.3 


158.8 


105.1 


145.8 


126.4 


124.9 


125.7 


128.1 


98.1 


148.7 


1950t 


136.0(2) 


147.7 


105.7 


137.4 


133.4 


131.0 


139.0") 


156.9(2) 


121.8(2) 


134.0 


1951t 


152.3") 


119.9 


88.5 


108.4 


137.8 


131.6 


143.4C2) 


208.8(2) 


172.4(2) 


127.3 


1952 


165.0 


135.5 


80.2 


105.3 


120.7 


119.2 


162.4 


265.3 


176.9 


129.9 



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

(2) If allowance is not made for the low quality of the 1950 and 1951 western grain crop, the indexes would be 139.0 and 155.8 for Canada; 139.0 and 145.4 for 
Manitoba; 169.9 and 217.3 for Saskatchewan; 123.8 and 160.9 for Alberta respectively. 



XVII— EMPLOYMENT AND LABOUR INCOME 











{!) 










(5) (6) 


ManijfacturingCS) 








Civilian Labour Force 






Employment Indexes 


Hourly-Rated Wage 
















Armed 
Forces 








Earners 


Monthly 




Total 


With Jobs 
(Incl. Agriculture) 


Without 
Jobs 
and 


Of which 

Employed 

in 


Manu- 


Mining 


Con- 


Average 
Weekly 


Average 
Hourly 


Labour 
Income 




At Work 


At Work(2) 


(8) 






35 or More 
Hours 


Less than 
35 Hours 


Seeking 

WorkO) 


Agriculture 










Hours 


(7) 










Thousands 


of Persons 






Index 1939 = 100 


Number 


Cenls 


Millions $ 


Annual Average 


























1946 


4,784 


4,103 


539 


142 


1,178 


121 


160.0 


92.5 


112.1 


42.7 


70.0 


444 


1947 


4,897 


4,212 


588 


97 


1,113 


35 


171.0 


94.2 


138.1 


42.5 


80.3 


518 


1948 


4,954 


4,279 


573 


102 


1,088 


36 


176.0 


103.4 


153.8 


42.2 


91.3 


597 


1949 


5,036 


4,329 


576 


131 


1,074 


43 


175.9 


106.4 


161.2 


42.3 


98.6 


647 


1950(^) 


5,157 


4,369 


621 


167 


1,018 


51 


177.5 


112.2 


165.0 


42.3 


103.6 


694 


1951 


5,231 


4,467 


656 


108 


943 


77 


190.0 


117.7 


177.6 


41.8 


116.8 


812 


1952 


5,304 


4,562 


613 


129 


888 


97 


192.3 


124.3 


192.8 


41.5 


129.2 


906 


Monthly 


























1952-Mar. 1 


5,179 


4,305 


662 


212 


825 


94 


187.3 


122.9 


153.2 


41.7 


127.8 


862 


Apr. 


* 


* 


* 


* 


* 


* 


188.3 


122.3 


159.6 


42.1 


129.0 


862 


May 31 


5,329 


4,655 


567 


107 


924 


98 


188.7 


122.4 


174.2 


41.9 


129.4 


885 


June 


* 


* 


* 


* 


* 


* 


190.9 


124.6 


192.3 


41.3 


129.7 


900 


July 


* 


* 


* 


* 


* 


* 


191.4 


125.8 


209.4 


41.3 


128.6 


916 


Aug. 16 


5,419 


4,606 


727 


86 


1,007 


98 


194.1 


127.3 


236.6 


41.1 


128.9 


928 


Sept. 


* 


* 


* 


* 


* 


* 


198.5 


127.2 


224.7 


41.6 


129.5 


942 


Oct. 


* 


* 


* 


* 


* 


* 


200.8 


126.4 


223.4 


42.1 


129.9 


951 


Nov. 22 


5,290 


4,680 


496 


114 


795 


100 


199.8 


125.9 


213.4 


42.1 


131.0 


960 


Dec. 13 


5,276 


4,558 


586 


132 


782 


100 


199.6 


124.6 


202.5 


42.5 


132.1 


958 


1953-Jan. 24 


5,200 


4,523 


490 


187 


770 


103 


196.3 


122.6 


174.8 


38.3 


134.0 


931 


Feb. 21 


5,194 


4,518 


497 


179 


768 


104 


197.6 


122.5 


159.8 


41.9 


134.2 


926 


Mar. 21 


5,192 


4,534 


486 


172 


799 


104 


199.5 


121.7 


153.6 


42.1 


134.4 


928 


Apr. 18 


5,241 


4,645 


431 


165 


833 


105 


200.8** 


120.4** 


156.9** 


42.0** 


135.0** 




May 16 


5,321 


4,720 


487 


114 


887 


105 















Sources: "The Labour Force", "Employment and Payrolls", "Man Hours and 
Hourly Earnings" and "Estimates of Labour Income", D.B.S. Figures 
of armed forces from Dept. of National Defence. 

(1) Civilian labour force figures are estimates based on a 1% sample of house- 
holds (2% in urban areas in June); they are therefore subject to sampling 
error which, in general, is relatively larger the smaller the estimate. Labour 
force surveys were made at roughly quarterly intervals from Nov. 1945 to 
Nov. 1952 and have been made monthly since then. The annual figures 
shown above are simple averages of 4 surveys each year. Newfoundland is 
excluded prior to 1950. The 1950 averages for Newfoundland alone are: 
"Total Civilian Labour Force": 107 thousand, "With Jobs": 93 thousand, 
"Without Jobs and Seeking Work": 14 thousand. The figures after the 
months are the dates of the ends of the weeks for which data was gathered 
in labour force surveys. 

(2) Includes persons who, though having jobs, did not work during the survey 
week and did not look for work. 

(3) Includes persons who, though having jobs, did not work during the survey 



(4) 



(5) 



(6) 
(7) 
(8) 



week and looked for work and those who would have looked for work except 

that they were temporarily ill. were on indefinite or prolonged lay-off. or 

beheved that no work was available. 

Because of flood it was not possible to cover Manitoba in the labour force 

survey of June 3. 1950. The 1950 averages shown above include an estimate 

of what the figures for Manitoba would have been had circumstances been 

more normal. 

As reported by employers usually having 15 or more employees. Series 

dated first of month and reflecting experience in the last pay period in the 

previous month. 

Includes salaried and part-time workers; excludes Newfoundland. 

Gross earnings before deductions for taxes, unemployment insurance, etc. 

Includes bonuses and commissions as well as allowances for food, clothing 

and living accommodation where provided by the employer, and employers' 

contributions to unemployment insurance, workmen's compensation, 

pensions and welfare. Includes Newfoundland commencing in 1949. 

Not available. ** Preliminary. 



JUNE 1953 



Millions of Dollars 



106 



XVIII— EXTERNAL TRADE AND TRADE INDEXES 

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



(1) 



TOTAL EXPORTS (EXCLUDING GOLD) TO°' 


New Gold 
Production 
Available 

FOR 

Export 


EXPORT INDE5 

1948 = 100 


CES(S) 




U.S.A. 


U.K. 


Other 

Sterling 

Area 

(3) 


Western 
Europe & 
Colonies 

(4) 


Central 

AND 

South 
America 


All 
Other 


Total 

All 

Countries 






Total 

Value 


Price 


Physical 
Volume 


Calendar Years 
1926 


471 


318 


85 


283 


44 


76 


1,277 


30 


41.0 


70.2 


58.4 


1929 


581 


226 


93 


142 


44 


92 


1,178 


37 


37.5 


64.4 


58.2 


1933 


196 


188 


39 


72 


10 


30 


535 


82 


17.2 


39.9 


43.1 


1937 


394 


386 


97 


94 


25 


49 


1,045 


145 


32.4 


53.4 


60.7 


1947 


1,057 


754 


359 


327 


135 


180 


2,812 


99 


90.2 


91.6 


98.5 


1948 


1,522 


689 


290 


317 


127 


165 


3,110 


119 


100.0 


100.0 


100.0 


1949 


1,524 


709 


305 


254 


132 


99 


3,023 


139 


97.3 


103.3 


94.2 


1950 


2,051 


473 


200 


199 


154 


80 


3,157 


163 


101.4 


108.3 


93.6 


1951 


2,334 


636 


266 


364 


217 


146 


3,963 


150 


127.3 


123.0 


103.5 


1952 


2,349 


751 


291 


468 


281 


216 


4,356 


150 


139.9 


121.8 


114.9 


12 Mths. end'g 

May 1953 


2,403 


671 


251 


445 


232 


216 


4,218 


161 








Monthly 

1952-Apr. 


184.0 


72.9 


24.9 


26.1 


28.1 


16.2 


352.2 


11.2 


135.9 


123.2 


110.3 


May 


202.0 


87.8 


29.0 


30.7 


23.9 


13.5 


386.9 


8.5 


149.3 


121.7 


122.7 


lune 


194.5 


85.0 


20.9 


46.4 


20.8 


13.1 


380.7 


14.6 


147.0 


121.7 


120.8 


July 


190.6 


70.2 


26.2 


44.8 


22.0 


21.3 


375.1 


14.9 


144.5 


121.2 


119.2 


Aug. 


181.0 


73.0 


22.7 


45.7 


14.5 


14.8 


351.7 


9.6 


135.2 


120.7 


112.0 


Sept. 


196.6 


44.1 


18.9 


47.7 


18.9 


16.1 


342.3 


12.8 


131.5 


120.1 


109.5 


Oct. 


210.9 


51.4 


17.0 


52.1 


27.0 


20.9 


379.3 


10.1 


145.9 


120.5 


121.1 


Nov. 


213.3 


61.5 


24.7 


42.7 


22.7 


26.9 


391.8 


13.6 


151.1 


120.4 


125.5 


Dec. 


224.5 


47.7 


19.6 


45.2 


23.3 


33.6 


393.9 


13.5 


152.0 


119.1 


127.6 


1953-Jan. 


191.7 


49.5 


17.7 


22.4 


18.8 


20.8 


321.3 


16.0 


123.8 


119.8 


103.3 


Feb. 


176.8 


36.4 


23.1 


19.5 


13.6 


10.2 


279.6 


16.1 


107.5 


119.3 


90.1 


Mar. 


206.4 


38.8 


18.4 


17.9 


17.7 


13.8 


313.0 


15.6 


120.1 


119.4 


100.6 


Apr. 


192.3 


45.3 


18.0 


21.8 


17.0 


10.4 


304.8 


11.7 


117.5 


119.5t 


98.3t 


May 


224.2 


68.5 


24.0 


38.5 


15.5 


14.3 


385.0 


12.0 


148.4 


118.6 


125.1 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 






Excess of 


IMPORT INDEXES CS) 


















Merchandise 




1948 = 100 










Other 


Western 


Central 




Total 


Exports 
over 


















U.S.A. 


U.K. 


Sterling 


Europe & 


AND 


All 


All 


Merchandise 


Total 




Physical 








Area 
(3) 


Colonies 
(4) 


South 
America 


Other 


Countries 


Imports 


Value 


Price 


Volume 


Calendar Years 
























1926 


669 


165 


47 


71 


33 


23 


1,008 


269 


38.1 


68.9 


55.3 


1929 


894 


195 


59 


90 


33 


28 


1,299 


- 121 


49.1 


63.0 


77.9 


1933 


217 


98 


34 


32 


10 


10 


401 


134 


15.1 


43.7 


34.6 


1937 


491 


147 


87 


43 


21 


20 


809 


236 


30.6 


50.8 


60.2 


1947 


1,975 


189 


158 


64 


159 


29 


2,574 


238 


97.6 


88.0 


110.9 


1948 


1,806 


300 


194 


77 


223 


37 


2,637 


473 


100.0 


100.0 


100.0 


1949 


1,952 


307 


187 


83 


193 


39 


2,761 


261 


104.7 


102.6 


102.0 


1950 


2,131 


404 


242 


114 


215 


68 


3,174 


- 17 


120.4 


110.3 


109.2 


1951 


2,813 


421 


309 


181 


275 


86 


4,085 


- 122 


154.8 


126.2 


122.7 


1952 


2,977 


360 


186 


157 


285 


66 


4,031 


326 


152.3 


110.3 


138.1 


12 Mths. end'g 
























Mar. 1953 


3,046 


387 


173 


154 


284 


68 


4,112 


156 








Monthly 
























1952-Mar. 


253.5 


22.6 


10.8 


12.5 


24.3 


3.3 


327.0 


32.3 


148.0 


115.0 


128.7 


Apr. 


245.6 


28.4 


13.1 


11.0 


21.6 


4.3 


324.0 


28.3 


147.2 


112.9 


130.4 


May 


282.9 


33.2 


20.2 


15.3 


27.3 


7.1 


386.0 


1.0 


174.7 


110.7 


157.8 


June 


235.3 


31.6 


16.8 


12.5 


23.2 


4.9 


324.3 


56.5 


147.0 


109.6 


134.1 


July 


246.6 


34.1 


16.8 


11.8 


27.7 


6.2 


343.2 


32.0 


155.9 


107.9 


144.5 


L Aug. 


212.8 


32.4 


14.3 


12.4 


24.3 


6.7 


302.9 


48.9 


137.5 


106.6 


129.0 


■ Sept. 


255.1 


31.5 


19.5 


14.2 


21.9 


6.9 


349.1 


- 6.8 


158.3 


106.7 


148.4 


^ Oct. 


275.2 


37.1 


16.8 


15.5 


26.7 


5.1 


376.4 


3.0 


170.8 


107.8 


158.4 


Nov. 


264.2 


35.3 


15.9 


17.3 


24.6 


6.1 


363.4 


28.3 


164.4 


108.2 


151.9 


Dec. 


265.2 


28.0 


10.1 


13.0 


22.6 


6.2 


345.1 


48.8 


155.8 


108.5 


143.6 


1953-Jan. 


249.2t 


30.6 


9.4 


10.3 


21.2 


7.0 


327.8 


- 6.6 


147.5 


108.4 


136.1 


Feb. 


241.0 


27.2 


8.9 


8.9 


20.9 


3.1 


310.0 


-30.4 


140.5 


108.lt 


130.0t 


Mar. 


272.8 


37.6 


11.0 


11.9 


22.1 


4.7 


360.1 


-47.1 


163.4 


109.2 


149.6 


Apr.* 


300.0 


37.8 










393.1 


-88.3 









(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. Prior to 1947 wheat exports 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, 1951 and 1952 amounted to 
56.8, 109.1, and 98.6 million dollars respectively. 

(3) Consists of U.K. Dependencies, Union of South Africa, Eire, India, 



Pakistan, Burma, Australia, New Zealand, Iceland, Jordan, Libya, 
Ceylon and Iraq. 

(4) Excludes Spain, but includes Greece and Turkey. 

(5) Excludes exports of foreign produce. Price indexes are based largely on 
unit values derived from the Customs' entries. Price indexes prior to 
1948 are converted from 1935-39 = 100. 

* PreUminary. 
t Revised. 



107 



JUNE 1953 JUNE 1953 

XIX— MERCHANDISE EXPORTS: COMMODITY CLASSIFICATION' 



108 





















Compiled from ' ' Trade o 


f Canada," 


Dominion 


Bureau of Statistics 






















Millions of Dollars 














































Millions of Dollars 




FruiU 


Wheat 
and 


Oats 


Other 
Grains 


Live 


Bacon 
and 


Other 


Cheese 


Other 
Milk 


Eggs 


Seeds 


Other 

FarmW) 

(incl. 

raw wool) 


Fish 
(fresh and 


Fish 
(canned & 


Furs 


Logs 
and 


Planks 
and 


Pulpwood 


Wood Pulp 


Newsprint 


Other 


Other 
Wood 


Alcoholic 


Rubber 
& Products 






Vegetables 


Wheat 
Flour(l> 




and 
Products 


Cattle 


Hams 


Meats 




Products 






frozen) 


salted) 




Rounds 


Boards 








Paper 


Products 


Beverages 


(iDCl. 

synthetic) 




Calendar Years 
1926 


21 


435 


10 


37 


13 


23 


9 


25 


16 


1 


9 


25 


11 


25 


19 


10 


62 


14 


52 


114 


7 


27 


25 


26 


Calendar Years 
1926 


1929 


18 


302 . 


5 


26 


14 


7 


9 


19 


10 


- 


4 


24 


12 


24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1929 


1933 


17 


142 


2 


12 


4 


8 


3 


8 


3 


- 


1 


12 


7 


13 


12 


4 


17 


5 


23 


69 


3 


10 


9 


8 


1933 


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 


1947 


32 


462 


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 


368 


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 


419 


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 


555 


54 


105 


63 


4 


69 


10 


11 


4 


28 


59 


53 


64 


30 


14 


312 


68 


365 


536 


38 


65 


56 


29 


1951 


1952 


21 


737 


68 


199 


4 


3 


46 


1 


15 


5 


33 


54 


53 


60 


24 


31 


296 


65 


292 


592 


30 


61 


57 


18 


1952 


12-Mth9. ending 


















































l2-MthB. ending 


Apr. 1953 


21 


714 


67 


203 


3 


3 


55 


2 


14 


6 


37 


45 


52 


57 


24 


32 


293 


57 


245 


593 


23 


60 


58 


10 


Apr. 1953 


Monthly 
1952— Jan. 


2.1 


36.3 


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 


Monthly 
Jan.-1952 


Feb. 


1.6 


37.8 


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 


42.9 


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 


58.5 


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 


69.3 


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 


75.8 


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 


82.4 


11.1 


22.6 


_ 


.2 


10.2 


.1 


1.4 


.7 


1.4 


2,6 


5.7 


5.2 


1.1 


'3.1 


19.1 


5.4 


18.9 


48.7 


1.9 


2.7 


3.9 


.6 


July 


Aug. 


2.4 


70.4 


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 


49.7 


3.7 


19.1 


.1 


.2 


1.5 


.1 


1.4 


.4 


1.6 


3,2 


6.4 


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 


64.9 


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. 


Nov. 


2.7 


67,1 


4.6 


25.7 


- 


.3 


6.9 


.2 


1.6 


.4 


5.4 


4.1 


5.3 


5.2 


.4 


2.9 


28.9 


4.9 


20.9 


57.1 


2.1 


6.4 


7.2 


.5 


Nov. 


Dec. 


1.7 


82.2 


11.9 


33.3 


- 


.3 


3.3 


.1 


1.6 


.9 


6.6 


4.2 


3.0 


5.7 


5.8 


3.6 


20.1 


4.0 


21.0 


49.0 


1.7 


7.6 


7.4 


.9 


Dec. 


1953— Jan. 


1.5 


45.7 


2.1 


7.4 


_ 


.2 


3.2 


.1 


■7t 


.9 


3.7 


4.5 


3.8 


4.5 


3.2 


2.0 


19.8 


3.6 


20.0 


52.4 


1.8 


3.5 


5.0 


.9 


Jan.-1953 


Feb. 


1.4 


35.4 


1.6 


5.6 


- 


.2 


2.6 


.2 


.5 


,2 


3.3 


5.4 


4.3 


4.6 


2,2 


1.5 


18.6 


3.4 


16.4 


42.5 


1.3 


4.3 


3.9 


.8 


Feb. 


Mar. 


1.8 


30.8 


1.3 


5.9 


1.3 


.5 


4.9 


.5 


.8 


.2 


2.4 


5.5 


4.5 


4.6 


1.7 


1.7 


25.6 


3.6 


19.9 


49.5 


1.6 


4.9 


5.5 


.9 


Mar. 


Apr. 


.8 


40.8 


3.8 


9.9 


1.4 


.5 


4.8 


1.0 


.6 


.1 


2,9 


3,2 


2.7 


3.7 


1.8 


1.1 


25.8 


1.7 


19.2 


44.4 


1.7 


4,8 


3.6 


1.0 


Apr. 



Calendar Years 
1926 
1929 
1933 
1937 

1947 
1948 
1949 
1950 
1951 
1952 
12-MthB. ending 
Apr. 1953 
Monthly 
1952— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 

July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1953— Jan. 
Feb. 

Mar. 
Apr. 



Other 

Fibres 

& Textiles 

(excl. raw 

wool) 



5 
11 

35 
35 
19 
20 
28 
21 



2.6 
2.2 
2.9 
2.9 
2.1 
2.3 

1.4 

.7 
1.0 
1.1 
1.1 
1.2 

1.0 
1.2 
1.1 
1.7 



Farm 
Imple- 
ments & 
Machinery 



Machinery 

(excl. 
agriculture) 



17 

20 

1 

10 

42 
74 
93 
88 
106 
105 

97 

13.1 

10.7 
12.1 
10.8 
11.5 
9.7 



■ 5.8 
5.6 
6.7 
6.2 
6.5 

9.4 

9.8 
11.1 
8.1 



4 
7 
3 
11 

41 
41 
32 
26 
40 
47 



3.5 
3.9 
4.7 
4.8 
3.4 
3.4 

4.6 
2.7 
3.9 
3.9 
4.4 
4.2 

2.7 
3.2 
3.7 
3.2 



Autos, 
Trucks 
& Parts 



47 
10 
27 

92 
55 
39 
40 
79 
111 

79 

18.2 
18.3 
13.2 
8.4 
8.1 
7.1 

4.1 
2.8 
8.2 
9.9 
8.0 
4.7 

6.7 
7.4 
6.1 
6.2 



Other 
Vehicles 
& Parts 



15 

21 

23 

5 

3 

4 



Other 

Iron and 

Steel 



16 
16 
8 
18 

84 
91 
106 
92 
113 
139 

140 

12.3 
9.5 

10.9 
8.1 

10.4 
9.9 

11.0 
12.9 
12.0 
13.1 
15.7 
13.4 

11.6 
7.3 
11.0 
12.1 



Electrical 
Apparatus 



2 
3 
2 

4 

19 
17 
12 
11 
18 
34 

36 

1.6 
2.1 
4.3 
3.4 
3.3 
2.1 

2.1 
1.8 
3.0 
2.7 
3.3 
4.2 

4.4 
3.5 
2.9 
3.1 



Aluminum 

and 
Products 



7 
15 



64 
102 

94 
107 
125 
162 

174 

7.5 
9.5 
10.7 
15.4 
18.9 
18.9 

10.1 
15.5 
14.4 
15.1 
13.2 
12.9 

12.6 
13.3 
17.9 
10.9 



Copper 

and 
Products 



15 
37 
17 
56 

59 
79 
87 
88 
87 
119 

129 

8.7 
5.2 
10.6 
11.2 

12.4 
9.4 



11.9 
11.5 
10.9 
11.0 



10.8 
13.6 
10.2 
10,5 



Lead 

and 

Products 



14 
11 
5 
18 

31 
35 
42 
38 
45 
50 



4.2 
3.9 
4.5 
4.2 
4.1 
3.6 

5.2 
3.8 
4.5 
4.7 
4.6 
2.5 

4.5 
2.5 
4.2 
4.1 



Nickel 

and 

Products 



Precious 

MetalB 

(ex. gold) 



12 
26 
23 
59 

60 
74 
92 
105 
137 
151 

154 

10.8 
13.6 
13.0 
13.9 
15.1 
11.9 

13.8 
12.8 
12.5 
10.9 
13.1 
9.5 

14.4 
12.7 
13.8 
13.9 



14 
12 
7 
19 

23 
25 
28 
34 
49 
47 

45 

4.3 
2.5 
6.8 

4.4 
4.8 
2.9 

5.1 
3.1 
3.0 
3.6 
3.4 
3.5 

4.3 
3.5 
3.4 
4.3 



Note: The above table has been revised. Adjustments previously made to D,B.S. export figur. 



Zinc 

and 

Products 



5 

15 

30 
42 
56 
59 
84 
97 

82 

7,6 
10,3 
11,6 
9.7 
7.7 
10.5 

8.2 
6.0 
5.8 
7.4 
6.5 
5.5 

8.4 
5.0 
6.1 
5.2 



Other 
Non- 
ferrous 
Metals 



2 
5 
2 
5 

17 
22 
15 
16 
25 
46 

44 

2.8 
2.7 
4.6 
3.9 
5.9 
3.8 

2.9 
2.5 
4.7 
4.1 
3.4 
4.9 

3.4 
2.4 
2.8 
3.2 



11 
13 
5 
15 

33 
42 
37 
63 
82 



87 

5.8 
5.7 
7.1 
8.0 
8.7 
7.7 

6.7 
7.4 
7.7 
7.1 
6.6 
9.4 

6,2 
5.9 
7.1 
6.5 



Other 
Non- 
metallic 
Minerals 



16 
17 
8 
16 

42 
53 
36 

40 
50 
56 

57 

4.3 
4.3 
4.1 
3.6 
7.3 
5.4 

5.1 
4.1 
4.5 
4.1 
4.3 
4.7 

4.1 
4.1 
4.9 
4.9 



5 
7 
3 
7 

34 
36 
39 
39 
36 
42 

43 

3.2 
3.5 
4.2 
4.0 
3.5 
3.0 

3.4 
3.3 
3.6 
3.8 
3.3 
3.5 

3.8 
4.2 
3.8 
3.6 



Other 
Chemicals 
& Products 



12 
14 
10 
15 

49 
43 
31 
62 



82 

7.6 
7.2 
7.5 
7.0 
7.4 
6.4 

5.3 
6.8 
6.5 
6.4 
7.0 
6.1 

7.9 
6.5 
7.8 
7.0 



Ships 

and 

Vessels 



26 
84 
42 
23 



13 

1.1 
.1 
.1 

1.1 
1.1 
1.1 

3.3 
1.1 

.1 
1.4 
1.1 

.1 

2.0 

1.3 

.5 

.1 



Aircraft 
and 
Parts 



11 

25 

4 

8 

38 

32 



5.6 
5.1 

4.7 
5.0 

4.5 
1.7 
2.4 
2,2 
2.4 
2.0 

1.8 
1.3 
1.6 
2.7 



All 
Other 
Exports 



45 
33 
15 
27 

94 
93 
81 
59 
73 
79 

80 

6.0 
6.3 
6,8 
6,2 
7.2 
6.5 

6.0 
5.1 
7.2 
7.0 
7.6 
7.2 

5.8 
5.7 
7.2 

7.4 



New Gold 
Production 
Available 
for Export 



30 
37 
82 
145 

99 
119 
139 
163 
150 
150 

157 

13.4 
13.2 
15.0 
11.2 
8.5 
14.6 

14.9 
9.6 
12.8 
10.1 
13.6 
13.5 

16.0 
16.1 
15.6 
11.7 



Total 

Exports 

(inciudlag 

eold) 



1,292 

1,190 

611 

1,176 

2,874 
3,195 
3,132 
3,281 
4,065 
4,452 

4,322 

337.5 
323.5 
369.6 
359.6 
391.1 
391.3 

385.3 
356.2 
349.8 
384.0 
400.8 
403.0 

333.3 
291.6 
323.4 
312.7 



Calendar Years 
1926 
1929 
1933 
1937 

1947 

1948 

1949 

1950 

1951 

1952 
12-Mth8. ending 
Apr. 1953 
Monthly 
Jan.-1952 
Feb. 
Mar. 
Apr.. 
May 
June 

July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.-1953 
Feb. 
Mar. 
Apr. 



(3) Made up of various 



-. •.-■*•' ?"",■.;; -"•'— ■■"- ..-^.. .-..^,-v., ^v4juoi..icuii picviuu&iy maoe to jj,D.b. export hgures have been eliminated in 1947 and subseauent vears fl) Excludes exports nf fnr^ion nrnHnrf f2) Prior to 1947. figures are based on Board of Grain Commissioners' data rather than Customs clearances. .-. ^j,,a ,,,„ ,,07 

t Re'visid " " ' ' """"=''' '*"• ""• "°' '">• ""• ""*■ 150O-1590, 1610^ illS, 16^ri640, 16«. 1650, S^I^O.S,' nOoXniiml iOaSrlo/s 20T0? 2^65, 2066, 207of207S,°2MO, 2085, 2090, 2095, 2100-2110, 2490, 2500-2525, 2750, 2795, 2805, 2810, 2812, 2825, 2840, 2845. 2855, 2860. 3160-3187. 



ERRATUM 

STATISTICAL SUMMARY: JULY 1953 
BANK OF CANADA 

Page 117 Table IX 
Foreign Exchange Rates 

The 1952 "High" for the U.S. Dollar 
in Canada is 101,13, not 101,31 



■FiV-W«n^iVH^PV>«Ba 



\ UNIVERSITY OF 



I 



IJ^ ^1 1953 



STATISTICAL SUMMARY 

BANK OF CANADA 



I 



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 

IV Chartered Banks: 

Estimated Quarterly Classification of Loans in Canada 113 

Chartered Banks: Agricultural, Industrial and Commercial Loans . 114 

V Government Bond Yields and Treasury Bill Rates 114 

VI Bond Issues and Retirements 115 

VII Canadian Gold Statistics 116 

VIII Price Indexes 116 

IX Foreign Exchange Rates 117 

X Official Holdings of Gold and U.S. Dollars 117 

Canadian Dollar and Pound Sterling in terms of 

United States Dollars 117-118 

United States Dollar in Canadian Funds 118 

XI Capital Expenditures on New Construction, Machinery and 

Equipment 119 

XII Volume of Industrial Production 119 

XIII Employment and Labour Income 120 

Average Hourly Earnings in Certain Industries 120 

XIV Central Electric Stations 121 

XV U.S. Economic Statistics 121 

G.N. P., Industrial Production, Prices, Hourly 

Earnings and Banking 122 

XVI Domestic Exports: Commodity Classification By Destination . . 123 

Value of Selected Exports 123 

XVII External Trade and Trade Indexes 124 

XVIII Merchandise Exports: Commodity Classification By Volume . . . 125 

XIX Merchandise Imports: Commodity Classification By Volume . . . 126 



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 firee. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



JULY 1953 



109 
















JUL-) 


,' 1963 


JUL-i 


^ 1953 


















110 




















[—BANK 


OF CANADA 














Millions of Dollars 
































Millions oj 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 ym. 


Over 2 yra. 




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 


3.6 


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 


1,096.6 


39.6 


2,125.9 


- 


- 


74.2 


1,781.4 


227.8 


25.0 


5.6 


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 


1960 


1951 


273.1 


619.0 


892.1 


94.9 


66.1 


165.6 


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 


1952 


272.6 


626.6 


899.1 


16.2 


44.6 


82.9 


1,288.7 


50.0 


2,381.4 


- 


- 


77.2 


1,469.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


1952 


End of 
1952— Apr. 


234.8 


645.7 


880.5 


14.3 


41.7 


77.6 


1,177.0 


31.5 


2,222.5 


_ 


- 


72.4 


1,191.5 


874.7 


25.0 


21.6 


2,112.7 


_ 


37.4 


End of 
Apr.— 1952 


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 


61.6 


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 


862.9 


25.0 


11.0 


2,192.2 


- 


33.6 


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 


26.0 


11.0 


2,170.6 


- 


34.6 


Sept. 


Oct. 


194.6 


668.8 


863.4 


18.8 


56.0 


48.4 


1,291.0 


61.4 


2,329.0 


- 


- 


42.9 


1,286.7 


896.1 


25.0 


36.8 


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 


- 


- 


67.6 


1,214.3 


957.3 


25.0 


12.4 


2,208.9 


- 


34.8 


Nov. 


Dec. 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


- 


- 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


Dec. 


1953— Jan. 


213.4 


603.1 


816.5 


40.5 


47.6 


70.2 


1,266.2 


60.0 


2,300.9 


_ 


_ 


64.4 


1,351.2 


803.0 


25.0 


13.4 


2,192.6 


_ 


43.8 


Jan.— 1953 


Feb. 


191.5 


668.0 


859.5 


88.6 


51.4 


77.4 


1,281.3 


31.8 


2,390.1 


- 


- 


72.1 


1,411.9 


817.5 


25.0 


14.2 


2,268.6 


- 


49.5 


Feb. 


Mar. 


232.3 


601.1 


833.4 


60.6 


66.5 


71.0 


1,261.1 


34.1 


2,326.7 


- 


_ 


66.7 


1,371.0 


810.9 


26.0 


14.5 


2,221.3 


- 


39.8 


Mar. 


Apr. 


232.7 


646.7 


879.3 


48.3 


76.8 


73.4 


1,272.1 


37.2 


2,387.2 


_ 


_ 


68.1 


1,436.6 


796.0 


26.0 


16.0 


2,272.7 


- 


46.4 


Apr. 


May 


210.4 


694.9 


805.4 


45.6 


72.1 


64.8 


1,307.5 


50.1 


2,345.4 


_ 


- 


59.4 


1,364.8 


821.4 


25.0 


15.6 


2,226.7 


- 


59.3 


May 


June 


239.0 


647.6 


886.7 


47.9 


82.6 


72.0 


1,290.0 


44.9 


2,424.2 


- 


~ 


66.6 


1,405.5 


852.0 


26.0 


15.5 


2,298.1 


~ 


59.6 


June 



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



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



Millions of Dollars 



II— CH ARTE RED BANKS 

Bank ofi Canada 



Millions of Dollars 



As at Dec. 31 
1926 
1929 
1933 
1937 

1947 
1949 
1950 
1951 
1952 

End of 

1952— June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1953— Jan. 

Feb. 
Mar. 
Apr. 
May 
June 



LIABILITIES 



Notes 



175 
175 
132 
102 

18 
14 



Deposits 



Demand 



729 
502 



2,296 
2,426 
2,770 
2,963 
3,242 

2,987 
2,885 
2,895 
3,026 
3,068 
3,106 
3,242 

2,974 
2,949 
2,936 
3,115 
3,040 
3,143 



Notice 



1,373 

1,434 
1,357 
1,583 

3,740 
4,333 
4,558 
4,612 
4,924 

4,792 
4,836 
4,870 
4,901 
4,901 
4,916 
4,924 

4,946 
6,008 
5,067 
6,107 
5,100 
5,126 



Govt, of 

Canada 

and Prov. 



31 
92 
61 
53 

376 
367 
600 
322 
255 

341 
359 
311 
264 
351 
269 
255 

270 
352 
455 
419 
346 
365 



Canadian 
Deposits 



2,025 
2,270 
1.933 
2,387 

6,473 
7,348 
7,997 
8,088 
8,623 

8,273 
8,252 
8,241 
8,395 
8,529 
8,501 
8,623 

8,357 
8,471 
8,618 
8,827 
8,681 
8,852 



Foreign 



334 

442 
322 
409 

824 
730 
735 
796 



847 
864 
835 



845 
876 



915 
908 
904 



Total 
Deposits 



2,410 
2,820 
2,294 
2,819 

7,406 
8,177 
8,867 
9,003 
9,570 

9,261 
9,165 
9,160 
9,333 
9,445 
9,435 
9,570 

9,275 
9,437 
9,586 
9,815 
9,656 
9,822 



Cash 
in (3 
Canada 



228 

228 
196 
250 

720 
753 
810 
892 



798 
831 
812 
826 
863 
812 



817 
860 
833 
879 
805 
887 



Securities 



Govt, of 
Canada 



Prov- 
incial 



3,112 
3,079 
2,754 
2,784 

2,953 
3,029 
3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 
2,916 
2,854 



304 

297 

651 

1,111 

3,116 



445 
416 
355 
379 

306 
309 
326 
368 
380 
392 
379 

330 
322 
308 
309 
320 
310 



Foreign 
Govt. 



ASSETS 



Other 



Total 



59 

271 
242 
193 
200 
255 

256 
249 
244 
262 
233 
230 
255 

266 
250 
236 
248 
252 
254 



180 
151 
210 



242 

487 
545 
599 
567 
537 



484 

448 

861 

1,411 

3,874 
4,345 
4,286 
3,876 
3,955 



553 


4,067 


548 


4,135 


546 


4,139 


646 


4,202 


543 


4,147 


546 


4,006 


637 


3,955 


522 


3,981 


529 


4,042 


514 


4,082 


540 


4,135 


537 


4,024 


537 


3,956 



ind clSan''d?no",'it;Tn''ig26°ls'L'?^r?n'l';,,? Canadian currency. (2) Includes inter-bank deposits. (3) Until March 1935 Gold and Coin in Cana^Tl^riii 
raSu'=a^"f,1orSVfor''ol^s'.L^dfn«TorLrdXa^^^ 



Loans 



151 

262 

106 

76 

105 
133 
134 
107 
165 

138 

145 
147 
135 
130 
121 
155 

136 
141 
140 
152 
138 
123 



970 

1,403 

898 

749 

1,921 
2,174 
2,651 
2,901 
3,188 

2,892 
2,928 
2,927 
2,979 
3,096 
3,243 
3,188 

3,178 
3,181 
3,262 
3,372 
3,402 
3,469 



85 
122 
138 
113 

78 
97 
125 
127 
101 

156 
126 
121 
114 
116 
108 
101 

115 
120 
132 
136 
124 
107 



273 

245 

90 

60 

56 
70 
100 
131 
170 

155 
167 
136 
110 
145 
156 
170 

158 
186 
147 
178 
168 
179 



270 
251 
138 
166 

234 
211 
247 
278 
264 

269 
268 
265 
265 
263 
273 
264 



265 
274 
270 
273 
270 



Total 

Assets 



2,940 
3,521 
2,816 
3,281 

7,974 
8,718 
9,496 
9,610 
10,157 

9,847 
9,737 
9,728 
9,907 
10,042 
10,038 
10,157 

9,872 
10,034 
10,182 
10,416 
10,242 
10,398 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




Canada 


Deposits 


Canadian 


Note (5) 




(«) 


Deposits 


Circulation 












Aver, of Daily Plgure« 


192 


1,968 


9.8 


195 


1926 


191 


2,293 


8.3 


205 


1929 


189 


1,941 


9.8 


157 


1933 


240 


2,367 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


746 


7,178 


10.4 


1,087 


1949 


755 


7,487 


10.1 


1,085 


1950 


791 


7,759 


10.2 


1,132 


1951 


846 


8,110 


10.4 


1,207 


1952 


789 


8,096 


9.7 


1,199 


June— 1952 


848 


8,208 


10.3 


1,212 


July 


848 


8,200 


10.3 


1,222 


Aug. 


856 


8,183 


10.5 


1,231 


Sept. 


868 


8,393 


10.3 


1,246 


Oct. " 


848 


8,443 


lO.O 


1,255 


Nov. 


840 


8,314 


lO.I 


1,282 


Dec. 


906 


8,426 


10.8 


1,230 


Jan.— 1953 


889 


8,296 


10.7 


1,232 


Feb. 


883 


8,407 


10.5 


1,245 


Mar. 


869 


8,618 


10.1 


1,257 


Apr. 


880 


8,699 


10.1 


1,269 


May 


865 


8,529 


10.1 


1,268 


June 



ion Notes and "Free" Central Gold Reserve Deposits; after that date. Bank of Canada Notes and Deposits (4) Figures given are averages "j, ""^i'l^JS?"';'" 

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



Ill 



JULY 1953 I JULY 1953 

III— GENERAL PUBLIC HOLDINGS OF CERTAIN LIQUID ASSETS* 

Currency, Bank Deposits and Government of Canada Securities 



112 



Millions of Dollars 






















Bank of 


Lanaaa 




















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'" 

Chartered 

Bank 

Notice 

Deposits 


Total 

Currency 

and 

Bank 

Deposits 

Total 

Related 

Bank 

Assets 


RELATED Bank Assets 






Currency 
Outside Banks 


Active Bank Deposits"' 


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) 

(7) 


Total 






Notes 


Coin 


Total 


Public 
Demand 


Active 
Notice 


Other 

excl. 
Govt, of 
Canada 


Total 


Less 
Float 


Net 
Total 






Total 


Less Govt. 
Deposits 


Net 
Total 


Canadian 

Loans 

(I) 


Non-Govt. 

Securities 

(■) 


Total 




a9 at Dec. 31 
















































as at Dec. 31 


1949 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


33f 


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 


1952 
End of 
1952— June 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


1952 

End of 

June-1952 


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 


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. ■ 


Nov. 


1,294 


89 


1,383 


3,106 


790 


403 


4,299 


618 


3,681 


65 


3,746 


5,129 


4,125 


9,254 


5,011 


92 


4,919 


3,471 


937 


4,408 


1 


74 


4,335 


Nov. 


Dec. 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


Dec. 


1953— Jan. 


1,266 


87 


1,353 


2,974 


805 


371 


4,150 


540 


3,610 


48 


3,658 


5,011 


4,139 


9,150 


5,017 


108 


4,909 


3,428 


852 


4,280 


2 


40 


4,242 


Jan.-1953 


Feb. 


1,281 


88 


1,369 


2,949 


816 


363 


4,128 


547 


3,581 


51 


3,632 


5,001 


4,192 


9,193 


5,169 


239 


4,930 


3,442 


851 


4,293 


2 


32 


4,263 


Feb. 


Mar. 


1,261 


88 


1,349 


2,936 


824 


450 


4,210 


585 


3,625 


67 


3,692 


5,041 


4,242 


9,283 


5,205 


225 


4,980 


3,534 


822 


4,356 


2 


55 


4,303 


Mar. 


^P""- 


1,272 


89 


1,361 


3,115 


831 


415 


4,361 


571 


3,790 


77 


3,867 


5,228 


4,276 


9,504 


5,271 


238 


5,033 


3,660 


849 


4,509 


2 


40 


4,471 


Apr. 


May 


1,307 


91 


1,398 


3,040 


832 


403 


4,275 


609 


3,666 


72 


3,738 


5,136 


4,268 


9,404 


5,101 


184 


4,917 


3,664 


857 


4,521 


2 


36 


4,487 


May 


June 


1,290 


88 


1,378 


3,143 


835 


497 


4,475 


722 


3,753 


83 


3,836 


5,214 


4,291 


9,505 


5,112 


134 


4,978 


3,699 


848 


4,547 


2 


22 


4,527 


June 



2. GOVERNMENT OF CANADA SECURITIES 



Outstanding") 



Direct Funded Debt 



Unmatured 



Special 
Banking 
Issues'^' 



1,200 
1,500 
1,400 
1,400 

1,400 
1,500 
1,500 
1,500 
1,500 
1,400 
1,400 

1,375 
1,500 
1,550 
1,600 
1,400 
1,400 



Other 
market 
Issues 



12,755 
12,586 
12,225 
12,020 

12,173 
12,173 
12,172 
12,172 
12,172 
12,021 
12,020 

12,080 
12,080 
12,055 
12,055 
12,055 
12,055 



Non- 
market 
Debt<'°> 



1,227 
1,218 
1,194 
1,250 

1,061 
1,044 
1,029 
1,011 
1,032 
1,273 
1,250 

1,237 
1,225 
1,206 
1,190 
1,163 
1,143 



Total 



Matured 

and 

out- 
standing 



15,182 
15,304 
14,819 
14,670 

14,634 
14,717 
14,701 
14,683 
14,704 
14,694 
14,670 

14,692 

14,805 
14,811 
14,845 
14,618 
14,598 



53 
51 
21 
19 

21 
21 
20 
19 
19 
19 
19 

19 

18 
20 
19 

17 
17 



Total 



15,235 
15,355 
14,840 
14,689 

14,655 
14,738 
14,721 
14,702 
14,722 
14,713 
14,689 

14,710 
14,824 
14,831 
14,864 
14,635 
14,615 



Guar- 
anteed 

Un- 
matured 
Funded 
Debt 



Exchange 
rate ad- 
justment 
(11) 



548 
577 
529 
528 

529 
529 
528 
528 
528 
528 
528 

528 
528 
528 
528 
528 
528 



Total 

(including 
exchange 
rate adjust- 
ment) 



36 

2 

27 

43 



46 
48 
48 
45 
41 
43 

43 
38 
38 
36 
34 
33 



•^ The term General Public refers to holdings of non-residents as well as 
residents: for an appro.ximate division between resident and non-resident 
holdings on a quarterly basis see Table HI, page 77, 

For a division of resident holdings between corporate and non-corporate 
holdings as at year ends see Statistical Summary September 1952 Table 
III-B, pages 145-146. 

(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 



15,819 
15,934 
15,342 
15,174 

15,140 
15,221 
15,201 
15,182 
15,205 
15,199 
15,174 

15,195 
15,314 
15,321 
15,356 
15,129 
15,110 



Distribution"" 



Bank 

of 

Canada 



2,009 
1,942 
2,191 
2,227 

2,069 
2,124 
2,156 
2,135 
2,183 
2,172 
2,227 

2,154 
2,229 
2,182 
2,233 
2,186 
2,258 



Chartered 
Banks 



Govern- 
ment 
Accounts 



3,112 
3,079 
2,754 
2,784 

2,953 
3,029 
3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 
2,915 
2,854 



of the Government of Canada at the chartered banks and the Bant nf 
Canada (shown m "Related Bank Assets" section); (d) Canadian dollar 
deposits 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 classification of Canadian loans see Table IV 
page 113. i-ioie iv. 

(6) Provincial, Municipal and "Other" securities. 



796 

847 
1,009 
1,101 

1,028 
1,040 
1,052 
1,071 
1,083 
1,096 
1,101 

1,101 

1,090 

1,093 

1,090 

1,183"«> 

1,207 



General 
Public 



9,902 

10,066 

9,388 

9,062 

9,090 
9,028 
8,969 
8,948 
8,948 
9,092 
9,062 

9,077 
9,049 
9,022 
8,995 
8,845 
8,791 



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 
5,173 

4,870 
4,872 
4,887 
5,015 
5,143 
5,129 
5,173 

5,011 
5,001 
5,041 
5,228 
5,136 
5,214 



LIQUID Assets 



Inactive 
Char- 
tered 
Bank 
Notice 

Deposits 



3,751 
3,861 
3,894 
4,129 

4,019 
4,062 
4,091 
4,114 
4,113 
4,125 
4,129 

4,139 
4,192 
4,242 
4,276 
4,268 
4,291 



Govt, of Canada 
Securities 



Market 

Issues 

(II) 



8,675 
8,848 
8,194 
7,812 

8,029 
7,984 
7,940 
7,937 
7,916 
7,819 
7,812 

7,840 
7,824 
7,816 
7,805 
7,682 
7,648 



Non- 
market 

(10) 



1,227 
1,218 
1,194 
1,250 

1,061 
1,044 
1.029 
1,011 
1,032 
1,273 
1,250 

1,237 
1,225 
1,206 
1,190 
1,163 
1,143 



Total 



9,902 
10,006 
9,388 
9,062 

9,090 
9,028 



9,092 
9,062 

9,077 
9.049 
9,022 
8,995 
8,845 
8,791 



Total 
Liquid 

Assets 

Total 
Related 
Factors 



18,075 
18,778 
18,125 
18,365 

17,979 
17,962 
17,947 
18,077 
18,204 
18,346 
18,365 

18,227 
18,242 
18,305 
18,499 
18,249 
18,296 



RELATED Factors'") 



Bank 

Assets 

other than 

Govt, of 

Canada 

Securities 

(10 



3;233 
3,971 
3,952 
4,310 

3,992 
4,012 
3,991 
4,058 
4,219 
4,335 
4,310 

4,242 
4,263 
4,303 
4,471 
4,487 
4,527 



Govt, of 
Can. Debt 
less Govt. 
Deposits & 
holdings of 
Govt. Ace ts 



14,842 
14,807 
14,173 
14,055 

13,987 
13,951 
13,956 
14,019 
13,985 
14,011 
14,054 

13,985 

13,979 
14,002 
14,028 
13,762 
13,769 



as at Dec. 31 
1949 

1950 

1951 

1952 

End of 
June-1952 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.-1953 

Feb. 
Mar. 
Apr. 
May 
June 



(7) Net of all related asset and liability items of the chartered banks and Bank 
of Canada which are not shown elsewhere in this table; includes foreign 
currency items and liabilities to shareholders. , ...^ 

(8) Netof sinking fund holdings (except as noted in footnote 16). 

(9) Treasury Bills; Deposit Certificates and short-term notes issued directly 
to the Bank of Canada and chartered banks. . „ ■ „ j 

(10) Refundable Tax, War Savings Certilicates and Canada Savings Bonds. 

(11) Adjustment necessary to change value of foreign pay securities from il - 
4.86S U.S. =4.86! Cdn. to current rates of exchange. Ofhcial mid-rotes 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 Summary, Sept. 1952, 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 m 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 Government of Canada Securities outstanding. 

(16) Including S75 millions of bonds purchased in the New York market 
during May 1953 whicli are held in a sinking fund account. 

Note:— Statistics for earlier years and further information with respect to 

detaUs of compilation are available from the Research Department, 

Bank of Canada, on request. 



113 



JULY 1953 



Millions of Dollars 



IV— CHARTERED BANKS 
Estimated Quarterly Classification of Loans in Canada"' 

Department of Finance and Bank of Canada 



As AT END OF 


1951 


1952 


1953 


June 


Mar. 


June 


Sept. 


Dec. 


Mar. 


June 


1. Government and Other Public Services 

(1) Provincial governments 


38.7 

118.1 

42.6 


19.1 
127.1 

44.3 


44.1 

106.7 

42.8 


6.3 

102.4 

43.3 


3.8 
91.7 
43.5 


2.3 

128.0 

44.1 


5.4 


(2) Municipal governments and school districts 


96.7 


(3) Religious, education, health and welfare institutions 


43.5 


Total Government and Other Public Services. . . . 

2. Financial 

(1) Investment dealers and brokers to the extent 

payable on call or within thirty days 


199.4 

82.3 
92.3 


190.5 

97.3 
86.3 


193.6 

137.5 
93.4 


152.0 

135.2 
107.5 


139.0 

154.6 
103.7 


174.4 

139.8 
112.1 


145.6 

12*^ 


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

companies and other financial institutions 


122.9 






Total Financial (*> 


104.6 

293.0 
225.0 


183.6 

317.3 
196.6 


230.9 

293.0 
218.0 


242.7 

274.3 
228.0 


258.3 

403.8 
242.1 


251.9 

362.7 
253.0 


245.9 


3. Personal 

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

security of marketable stocks and bonds 


331 4 


(2) Individuals, for other than business purposes, 

not elsewhere classified 


283.4 






Total Personal 


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 


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 

334.2 

30.3 

22.9 

168.4 

136.5 

14.4 

95.6 

48.0 

32.8 

158.0 

52.8 

51.3 


645.9 

308.1 

34.0 

17.9 

184.4 

138.8 

14.5 

95.2 

45.7 

26.8 

138.2 

54.5 

45.2 


615.7 

282.8 

33.9 
19.5 

163.7 

154.6 
16.6 

124.4 
58.4 
33.3 

166.3 
60.5 
49.5 


614.8 


4. Agricultural, Industrial and Commercial 

(1) Farmers 


318.4 


(2) Industry: 

(a) Chemical and rubber products 


33.4 


(b) Electrical apparatus and supplies 


28.2 


(c) Food, beverages and tobacco 


150.5 


(d) Forest products 


155.3 


(e) Furniture 


16.3 


(f) Iron and steel products 


137.3 


(g) Mining and mine products 


53.1 


(h) Petroleum and products 


44.3 


(i) Textiles, leather and clothing 


180.0 


(j) Transportion equipment 


56.4 


(k) Other producers 


53.8 






Total Industry 


846.7 

63.4 
151.4 
107.0 
136.0 
560.7 
138.2 


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 

67.5 
158.7 
186.5 
149.4 
484.0 
139.0 


795.2 

65.1 
140.7 
257.4 
205.1 
483.7 
146.6 


879.8 

52.4 
141.2 
270.7 
189.0 
522.4 
154.6 


908.6 


(3) Public utilities, transportation & communications 

(4) Construction contractors 


67.0 
169.9 


(5) Grain dealers and exporters 


229.1 


(6) Instalment finance companies 


243.7 


(7) Merchandisers 


583.2 


(8) Other business 


173.9 






Total Agricultural, Industrial and Commercial 
TOTAL LOANS IN CANADA 


2,252.8 
3,144.8 


2,160.0 
3,048.0 


2,252.1 
3,187.6 


2,332.1 
3,229.1 


2,401.9 
3,445.2 


2,492.9 
3,535.0 


2,693.8 
3,700.1 







(1) The figures for September of each year have been published by the Depart- 
ment of Finance; all other figures are estimated. 



(2) Excludmg borrowings by instalment finance companies, and by individuals 
on the security of marketable stocks and bonds. 



JULY 1953 



114 



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 


1952 


3.59 


3.58 


3.22 


2.69 


Monthly 










1952— 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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 


Feb. 


3.65 


3.62 


3.44 


3.08 


Mar. 


3.65 


3.56 


3.43 


3.11 


Apr. 


3.66 


3.56 


3.43 


3.14 


May 


3.69 


3.62 


3.48 


3.21 


June 


3.72 


3.72 


3.54 


3.28 


July 


3.72 


3.71 


3.57 


3.28 



Long Term 


Market Yields 


Average of Business Days 


Canada"' 


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 


3.54 


4.23 


2.64 


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 


3.59 


4.16 


2.74 


3.60 


4.09 


2.77 


3.60 


3.97 


2.85 


3.62 


3.87 


2.90 


3.64 


3.83 


3.05 


3.70 


3.85 


3.11 


3.72 


3.89 


2.98 



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 


1.565 


1.076 


2.167 


1.795 


.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 


1.349 


2.415 


2.138 


1.349 


2.398 


2.124 


1.473 


2.432 


1.993 


1.503 


2.232 


2.098 


1.528 


2.415 


2.219 


1.530 


2.383 


2.271 


1.699 


2.368 


2.229 


1.759 


2.365 


2.106 



(1) Payable in Canada only. (2) Government of Canada 3% due Sept. 1, 1961-66. (3) United Kingdom 3% due Apr. 15, 19S9H59. 
(4) U.S. Treasury 2H% due Dec. IS, 1963-68. It was not eligible for commercial banks before Dec. 1, 1952. 



CHARTERED BANKS: AGRICULTURAL. INDUSTRIAL AND COMMERCIAL LOANS"' 

MILUIONS OF DOLLARS 



MILLIONS OF DOLLARS 

1000 



1000 




(1) Excluding loans to grain dealers. 

(2) Including loans to instalment finance companies. 



115 

VII— BOND ISSUES AND RETIREMENTS^" 

Par Values in Millions of Canadian Dollars^'^^ Bank of Canada 



JULY 1953 





I-GovT. OF Canada Direct & 
Guaranteed and Other C.N.R.(3) 




II-Provincial Direct and Guaranteed 




New Issues 


Retirements 


Net New 
Issues 


New Issues 


Retirements 


Net New 




New 


Refunding 


Refunded 


Other 


Issues 


Calendar Years 
1949 
1950 
1951 
1952 


820.7 

2,191.7 

591.6 

827.1 


1,236.7 

2,282.6 

922.1 

956.8 


-416.0 

-90.9 

-330.5 

-129.7 


409.5 
276.9 
329.2* 
381.0 


54.1 

132.2 

90.1 

69.8 


73.5 

131.8 

74.9 

87.5 


78.3 

146.5 

137.2 

98.8 


311.8 
130.8 
207.1 
264.S 


1951— IV 


565.0 


614.8 


-49.8 




74.4 


42.0 


40.9 


36.8 


38.6 


1952—1 
II 
III 
IV 


14.9 

9.7 

5.1 

797.4 


118.1 
70.2 
58.0 

710.4 


-103.2 

-60.5 

-52.9 

87.0 




151.7 
71.1 
55.8 

102.5 


20.5 

17.5* 

29.0 

2.9 


15.4 

60.9 

1.5 

9.7 


35.1 
23.2 
16.1 

24.4 


121.7 

4.5 

67.2 

71.3 


1953—1 
II 


377.4 
10.7 


391.3 

74.8 


-13.9 
-64.1 




138.8* 

61.4 


30.0* 


3.8 
3.7 


26.5 
27.4 


138.3* 
30.3 





III-Corporations 




New Issues 


Retirements 


Net New 
Issues 




New 


Refunding 


Refunded 


Otiier 


Calendar Years 
1949 
1950 
1951 
1952 


254.9 
438.7 
369.8 
515.1* 


41.8 

55.6 
15.2 
28.8* 


41.8 
55.6 
15.2 
28.8* 


86.6 

91.1 

108.5* 

134.7* 


168.3 
347.6 
261.3* 
380.4* 


1951— IV 


128.6 


3.8 


3.8 


37.7* 


90.9* 


1952—1 
II 
III 
IV 


59.3* 
252.6 

62.0 
141.2* 


1.1* 
5.8 
.9 
21.0 


1.1* 
5.8 
.9 
21.0 


29.1 
34.6* 
25.9* 
45.2* 


30.2* 

218.1* 

36.1* 

96.0* 


1953—1 
II 


225.1* 
85.6 


.2 

.4 


.2 

.4 


29.1* 
16.9 


196.1* 
68.7 



I+II+III 



Net New 
Issues 



64.0 
387.5 
137.8* 
515.3* 

79.6* 

48.7* 
162.0* 

50.4* 
254.2* 

320.4* 
34.9 



IV-Govt.ofCanadaTreasuryBills. 
Deposit Certificates and Short- 
TermNotesSoldDirectlytoBank 
OF Canada and Chartered Banks 


Net New 
Issues 


Total 

Outstanding 

at End of Period 


-100 

300 
-100 

100 
-100 

150 
-150 


1,200 
1,500 
1,400 
1,400 

1,400 

1,400 
1,400 
1,500 
1,400 

1,550 
1,400 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT^''*'^ 

government of CANADA AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R. 
„ „ , . ,,.„. , ^ .. „ „ ,2) AND CORPORATION BONDS 

Par Values tn Mtlltons of Canadian Dollars^ ' 





New Issues were payable In : 




Retirements 


were payable in: 




Net Increase 
In Bonds Outstand- 
ing Payable: 




















Canada, 


<S) 






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 
1949 
1950 
1951 
1952 


1,480.8 
2,874.0 
1,118.1 
1,556.6* 


100.0 
137.5 
277.8 
211.5* 


83.5 
53.8 


.2 
.1 


1,581.0 
3,095.1 
1,395.9 
1,821.9* 


1,396.6 
2,444.1 
1,139.7* 
1,257.2* 


8.8 
126.6 
10.0 
8.9* 


10.9 

78.9 
38.2 
28.9 


91.4* 

45.7 

61.9 

9.2 


9.2 

12.4 
8.4 
2.5* 


1,516.9 
2,707.6 
1,258.1* 
1,306.6* 


84.2 
430.0 
-21.6* 
299.4* 


-20.2 
-42.5 
159.4 
215.9* 


1951— IV 


765.2 


48.5 




- 


813.7 


724.6* 


2.8 


4.7 


1.6 


.4 


734.1* 


40.6* 


39.0 


1952—1 
II 
III 
IV 


199.4* 
204.4 
126.9 
1,026.0 


6.2 
140.5 
25.9 
38.9* 


42.0 
11.8 


- 


247.6* 
356.7 
152.8 
1,064.9* 


190.5* 

166.0* 

98.9* 

801.9* 


1.2 

2.5* 

1.1 

4.0 


2.4 

23.5 

1.9 

1.1 


3.5 

2.3 

.1 

3.3 


1.3* 
.4 
.4 
.4 


198.9* 
194.7* 
102.4* 
810.7* 


8.9* 

38.4* 

28.0* 

224.1* 


39.8 

123.6* 

22.4 

30.1* 


1953—1 
II 


622.3* 
104.2 


136.5* 
17.9 


12.5 


- 


771.3* 
158.1 


440.6* 
113.3 


5.8 
2.5 


2.6 
3.8 


1.6* 
2.4 


.4 
1.2 


450.9* 
123.2 


181.8* 
26.9 


138.6* 
8.0 



(U 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, -90 and -24 milhons and the net increases in total municipal bonded 
debt are estimated to have been 105, 133, 153 and 145 millions from 1949 
to 1952 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. 



JULY 1953 



116 



Thousands of Fine Ounces 



VII— CANADIAN GOLD STATISTICS 

Bank of Canada 













Net Increase or 


Net Increase or 




New Gold 






Net Increase 


Decrease in 


Decrease in 




Production 


Physical 


Physical 


or Decrease 


Canadian 


Foreign Owned 




available 


Imports ('> 


Exports^^') 


in Official 


Owned Gold 


Gold Held in 




for Export"' 






Holdings^) 


Held in Safe- 
keeping Abroad 


Safekeeping in 
Canada 


Calendar Years 














1944 


2,862 


214 


1,311 


1,996 


- 


231 


1945 


2,503 


- 


1,50S 


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 


1952 


4,310 


25 


19,246 


1,246 


2,565 


18,723 


Quarters 














1951—11 


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 


14,274 


II 


987 


2 


3,189 


519 


715 


2,004 


III 


1,083 


13 


1,343 


35 


121 


333 


IV 


1,091 


2 


2,992 


53 


159 


2,112 


1953—1 


1,372 


65t 


552 


599 


143 


143^ 


II* 


1,071 


- 


308 


828 


- 


66 



(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. Beginning November 1, 1951, the scries excludes increases in 

commercial gold stocks held in safekeeping by the Mint for the account (4) 

of the mines. t 



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



VIII— PRICE INDEXES 

"Prices and Price Indexes" , Dominion Bureau of Statistics 
WHOLESALE PRICES CONSUMER PRICES* 

Index 1935-39 = 100 Index 1949 = 100 





Total 
Index 

(Mid- 
Month) 


Raw and 

Partly 
Manu- 
factured 


Fully & 
Chiefly 
Manu- 
factured 


FARM products'" 


Total 
Index 

(1st of 
Month) 


Food 


Shelter 


Clothing 


Household 
Operation 


Other 
Com- 
modities 
& Services 




Fieldt 


Animal 


Totalt 




100 


32 


IS 


11 


17 


25 


Average of Months 
1926 


130.3 


129.1 


133.0 


158.5 


130.2 


144.4 


75.9 


* 


* 


* 


* 


* 


1929 


124.6 


126.1 


123.7 


137.2 


144.4 


140.8 


75.8 


* 


* 


* 


* 


* 


1933 


87.4 


79.3 


93.3 


69.3 


69.2 


69.3 


58.8 


* 


* 


* 


* 


* 


1937 


107.7 


113.7 


104.4 


128.9 


106.0 


117.4 


63.0 


* 


* 


* 


* 


* 


1946 


138.9 


140.1 


138.0 


177.9 


181.2 


179.5 


77.5 


* 


* 


* 


* 


* 


1949 


198.3 


197.1 


199.2 


191.9 


265.4 


228.7 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


1950 


211.2 


212.8 


211.0 


191.9 


281.4 


236.7 


102.9 


102.6 


106.2 


99.7 


102.4 


103.1 


1951 


240.2 


237.9 


242.4 


200.4 


336.9 


268.6 


113.7 


117.0 


114.4 


109.8 


113.1 


111.5 


1952 


226.0 


218.7 


230.7 


216.9 


277.5 


247.2 


116.5 


116.8 


120.2 


111.8 


116.2 


116.0 


Monthly 

1952— June 


226.3 


220.4 


230.3 


244.4 


271.4 


257.9 


116.0 


115.7 


120.4 


111.8 


115.9 


115.7 


July 


223.4 


218.2 


229.8 


230.2t 


276.8 


253.5t 


116.1 


116.0 


120.6 


111.7 


115.9 


115.6 


Aug. 


223.7 


216.2 


228.5 


208.1 


277.2 


242.7 


116.0 


115.7 


120.6 


111.6 


115.8 


115.8 


Sept. 


221.9 


212.4 


227.6 


194.8 


269.1 


231.9 


116.1 


115.8 


121.2 


110.9 


116.0 


115.8 


Oct. 


220.2 


209.7 


227.4 


192.7 


263.0 


227.8 


116.0 


115.1 


121.5 


109.9 


116.2 


116.4 


Nov. 


221.5 


210.5 


228.2 


192.1 


266.5 


229.3 


116.1 


115.7 


121.4 


109.8 


115.9 


116.6 


Dec. 


221.1 


210.0 


227.8 


189.4 


268.3 


228.8 


115.8 


114.1 


122.2 


109.7 


116.1 


116.6 


1953— Jan. 


221.5 


209.4 


229.0 


186.4 


266.4 


226.4 


115.7 


113.5 


122.3 


109.7 


116.5 


116.7 


Feb. 


220.9 


207.9 


228.8 


182.1 


263.1 


222.6 


115.5 


112.7 


122.5 


109.6 


116.6 


116.7 


Mar. 


221.9 


209.8 


229.2 


177.3 


264.3 


220.8 


114.8 


111.6 


122.5 


109.7 


116.7 


115.2 


Apr. 


219.6 


205.7 


227.9 


173.0 


256.0 


214.5 


114.6 


110.9 


122.7 


109.7 


116.9 


115.0 


May- 


220.1 


206.3 


228.3 


170.6 


263.2 


216.9 


114.4 


110.1 


122.9 


110.1 


116.6 


115.1 


June 


221.7 


207.2 


230.4 


169.9 


268.8 


219.3 


114.9 


111.4 


123.6 


110.1 


116.6 


115.1 


July 














115.4 


112.7 


123.9 


110.3 


117.0 


115.2 



(1) An independent series witli 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) Components were selected and weighted on the basis of 1948 urban family 



incomes ranging from $1,650 to S4,050 with incomes between S2,000 and 
$3,000 most common. Tlie Consumer Price Index prior to 1949 is the 
Cost-of-Living Index inclusive of all tobacco taxes linlied to the Consumer 
Price Index 1949 = 100. 
Not available. 



117 



IX— FOREIGN EXCHANGE RATES' 







Bank 


of Canada 








Cents per Unit 














U.S. Dollar in Canada 


£ Sterling in Canada | 


Business 
Days 


High 


Low 


NoonAverage 

of business 

days 


High 


Low 


NoonAverage 

of business 

days 


1946 


110.25 


100.25 


105.75 


444.00 


403.00 


425.54 


1947 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1948 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1949 


110.25 


100.25 


103.08 


403.00 


308.00 


376.13 


1950 


110.25 


103.25 


108.92 


308.00 


289.25 


304.44 


1951 


107.31 


101.19 


105.28 


300.50 


281.38 


294.68 


1952 


101.31 


95.88 


97.89 


281.25 


266.75 


273.40 


1952-JuIy 


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. 


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 


1953-Jan. 


97.38 


96.75 


97.05 


273.66 


272.38 


273.05 


Feb. 


98.44 


97.00 


97.73 


277.50 


273.44 


275.55 


Mar. 


98.63 


97.75 


98.33 


277.63 


275.31 


276.92 


Apr. 


98.63 


98.00 


98.37 


277.94 


275.69 


277.13 


May 


99.78 


98.66 


99.41 


280.94 


278.06 


279.80 


June 


99.63 


99.16 


99.44 


280.38 


278.88 


279.82 


July 


99.44 


98.94 


99.18 


279.88 


278.56 


279.29 



(1) Prior to October 2, 1950, there were official buying and selling rates for the U.S. Dollar and 
Sterling in Canada. The rates used in the table prior to this date are the mid-rates between official 
buying and selling rates, or the averages thereof. Accordingly the "High" differs from the "Low" only 
in the years when the official rates were changed. Effective October 2, 1950, official rates were discon- 
tinued and rates tliereafter are noon rates as reported on transactions between banks in the exchange 
market. Commencing with 1950, averages are based on five-day week quotations. 



JULY 1953 

X— OFFICIAL HOLDINGS OF 
GOLD AND U.S. DOLLARS'" 

i mm. U.S. Dept. of Finance 



JULY 1953 



118 



End 




U S 




of 
period 


Gold 


Dollars 


Total 


1946 


536.0 


708.9 


1,244.9 


1947 


286.6 


215.1 


501.7 


1948 


403.1 


596.5 


997.8 


1949 


486.4 


630.7 


1,117.1") 


1950 


580.0 


1,161.5 


1,741.5 


1951 


841.7 


936.9 


1,778.6 


1952 


885.0 


975.2 


1,860.2 


1952-July 


878.2 


966.8 


1,845.0 


Aug. 


873.9 


974.0 


1,847.9 


Sept. 


883.1 


972.5 


1,855.6 


Oct. 


875.3 


980.7 


1,856.0 


Nov. 


875.5 


966.5 


1,842.0 


Dec. 


885.0 


975.2 


1,860.2 


1953-Jan. 


888.5 


978.3 


1,866.8 


Feb. 


892.9 


944.2 


1,837.1 


Mar. 


905.8 


939.5 


1,845.3 


Apr. 


913.7 


930.0 


1,843.7 


May 


923.0 


838.2 


1,761.2 


June 


934.7 


815.4 


1,750.1 


July 


942.2 


813.5 


1,755.7 



Gold and U.S. dollars held by the Exchange Fund 
Account and Bank of Canada and U.S. dollars held by 
other Govt, of Canada Accounts. 

Exclusive of SIS. 2 mm. set aside out of the proceeds of 
a refunding issue for the purpose of retiring on Feb. 1, 
1950, a security issue guaranteed by the Govt, of 
Canada and payable in U.S. dollars. 



CANADIAN DOLLARS 



UNITED STATES DOLLAR IN CANADIAN FUNDS 



92 



CANADIAN DOLLARS 




.9880 



.08 



1.04 



.00 



.96 



ONOjrMAMJJASONOJFMAMJJASONDJFMAMJJASOND 
I9S0 I9SI 1952 1953 



,92 



CANADIAN DOLLAR AND POUND STERLING IN TERMS OF UNITED STATES DOLLARS 



CANADIAN DOLLAR 



POUND STERLING 




Source: For the 



From the 



..„„,„,.„...„.„. „t . 1^'^'"'^ 151t-2S inclusive-. Canadian dollar and pound sterling rates in New York as supplied by the Dominion Bureau of Statistics From 1925 to September 1930 noon buying rates in New York for the Canadian dollar and pound sterling as shown in the Federal Reserve Bulletii^. 
comn,encement of «'=''!"e|.7"//"' ■" S^n^fa on September 16. 1939 to the withdrawal of official rates on September 30. 19.S0, the rate given for /he Canadian Jollar is S-Hn thj Foreign Exchange Control Board's official buying rate for US. funds. Since September 30. 1950 the raegrven for the Canad^'-J'^ ddlar 
arket rate for U S. funds in Canada as reported by the Bank of Canada. From the commencement of exchange control in the U.K. on September 3, 1939 to December 17. 1951. the rate given for the pound sterling is based on the official rate in the U.K. for buying dollars, and smce uccemoer 
t .S. for buying sterling within the official U.K. buying and selling rate limits, as shown in the Federal Reserve Bulletin. 



is based on the noon 

17. 1951 it is based on the market rati 



119 JULY 1953 

XI— CAPITAL EXPENDITURES ON NEW CONSTRUCTION, MACHINERY AND EQUIPMENT"' 

Millions of Dollars 



Department of Trade and Commerce 



Calendar year 

1950 
1951 

1952* 

1953** 

1953t 



Current Dollars 



New Construction 



Housing Other 



845 
821 
850 
981 
992 



1,521 
1,914 
2,307 
2,451 

2,487 



Machinery 

and 
Equipment 



1,449 
1,842 
1,965 
1,989 
2,085 



Total 



3,815 
4,577 
5,122 
5,421 
5,564 



Total as 
a % of 
G.N. P. 



20.9 
21.3 
22.3 



1935-39 Constant Dollars 



New Construction 



Housing Other 



361 
305 
306 
346 
348 



835 

943 

1,069 

1,112 

1,117 



Machinery 

and 
Equipment 



807 
928 
981 
978 
1 ,025 



Total 



2,003 
2,176 
2,356 
2,436 
2,490 



Millions of Current Dollars 



Total as 
a %of 
G.N. P. 



20.3 
21.0 
21.3 





Agriculture, 




(2) 










Finance 




Govern- 
ment''" 
Depart- 
ments 






Fishing, 
Forestry 


Mining, 
Quarry- 
ing and 
Oil Wells 


Heavy 

Manu- 


Other 
Manu- 


(3) 

Utilities 


Housing 


Trade 


and 
Com- 


Institu- 


Total 




Construc- 
tion 
Industry 


facturing 


facturing 








mercial 
Services 


tions 




Calendar year 
























1950 


578 


119 


297 


205 


720 


845 


234 


163 


208 


446 


3,815 


1951 


639 


181 


555 


238 


900 


821 


235 


177 


236 


595 


4,577 


1952* 


672 


211 


735 


207 


1,097 


850 


185 


132 


255 


778 


5,122 


1953** 


633 


249 


704 


187 


1,143 


981 


295 


136 


305 


788 


5,421 


1953t 


612 


276 


725 


231 


1,158 


992 


316 


166 


308 


780 


5,564 



(1) Total capital expenditure sliown is greater than the National Accounts' 
estimate of Gross Domestic Investment (ex inventories) in that the latter 
excludes direct investment outlays of government departments and govern- 
ment investment outlays on government built non-rental housing, provincial 
hospitals and provincial and municipal schools These expenditures are 
treated as government expenditures on goods and services in the National 
Accounts. 

(2) Includes investment of the following industries: Pulp and Paper Products; 
Iron and Steel; Transportation Equipment; Non-ferroiis Metal Products; 



Electrical Apparatus and Supplies; Non-metallic Mineral Products; Products 
of Petroleum and Coal; Cliemical Products; plus an estimate of capital 
items charged to operating expenses by these industries 

(3) Includes oil and gas pipe lines. 

(4) Includes Federal Government defence projects and capital assistance to 
industries filling defence contracts. 

* Preliminary actual. 
** Preliminary forecast, 
t Mid-year forecast. 



1935-39 = 100 



XII— VOLUME OF INDUSTRIAL PRODUCTION' 

INDEXES NOT SEASONALLY ADJUSTED 

"Canadian Statistical Review" , Dominion Bureau of Statistics 





TOTAL 


Mining 


Manufacturing 


Electricity 




Total 


Non- 
Durables 


Durables 


Manufactured 
Gas 


Weighting 


100.0 


16.8 


75.6 


46.1 


29.5 


7.6 


Annual Average 

1935 


85.6 


79.5 


86.5 


89.0 


82.7 


90.4 


1937 


108.0 


103.8 


109.3 


106.7 


113.2 


105.1 


1939 


109.7 


118.0 


108.1 


108.2 


107.9 


107.5 


1945 


187.2 


100.9 


209.8 


176.3 


262.1 


152.1 


1946 


171.9 


97.1 


189.9 


180.2 


205.1 


157.8 


1947 


187.8 


106.2 


207.7 


191.2 


233.5 


169.3 


1948 


196.3 


122.2 


215.5 


197.1 


244.4 


168.6 


1949 


199.6 


131.7 


217.0 


198.2 


246.3 


176.1 


1950 


211.5 


145.4 


228.1 


208.3 


259.1 


190.9 


1951 


226.5 


161.8 


242.1 


214.0 


285.9 


214.2 


1952 


232.9 


174.7 


246.3 


215.2 


294.8 


228.8 


Monthly 

1952— Mar. 


222.2 


146.8 


238.2 


205.9 


288.6 


228.9 


Apr. 


230.7 


164.9 


244.8 


212.2 


295.8 


235.5 


May 


234.6 


181.1 


246.7 


213.9 


298.0 


232.1 


June 


238.3 


186.0 


251.3 


219.6 


300.9 


224 3 


July 


228.3 


184.6 


239.8 


213.4 


281.2 


210.2 


Aug. 


234.2 


183.0 


247.6 


221.8 


287.9 


214.2 


Sept. 


244.1 


197.5 


256.5 


224.9 


306.0 


223.1 


Oct. 


248.1 


198.7 


260.4 


228.1 


310.8 ■ 


235.1 


Nov. 


248.1 


184.5 


263.5 


232.4 


312.2 


235.3 


Dec. 


235.7 


173.3 


248.9 


213.4 


304.5 


241.4 


1953— Jan. 


232.1 


164.6 


245.6 


203.4 


311.6 


246.7 


Feb. 


241.8 


162.6 


258.1 


214.1 


327.0 


254.4 


Mar. 
Apr. 

May 


246.8t 
254.3* 
257.4* 


160.2 

175.5t 

191.6* 


265.5t 
270.6* 

272.7* 


221.8t 
227.5* 
231.9* 


333.9t 
337.9* 
.336.5* 


251.0 

266.3t 

250.5* 



(1) Refer to D.B.S. Reference Paper No. 34 "Revised Index of Industrial Production, 1935-1951," for background material. 



* Preliminary. 



t Revised. 



JULY 1953 



120 



XIII— EMPLOYMENT AND LABOUR INCOME 





Civilian Labour ForceO) 


(S) 

Armed 
Forces 


Employment Indexes(«(7) 


Manufacturing*) (s) 








With Jobs 
(Incl. Agriculture) 


Without 
Jobs 


Of which 


Manu- 




Con- 


Average 


Average 
Hourly 


Monthly 
Labour 

Income 




Total 


At Work 

35 or More 

Hours 


At Work(2) 
Less than 
35 Hours 


and 
Seeking 

WorkU) 


in 
Agriculture 




facturing 


Mining 


struction 


Weekly 
Hours 


Earnings 

(9) 


(10) 








Thousands 


of Persons 






Index 1939 = 100 


Number 


Cents 


Millions $ 


Annual Average 


























1948 


4,954 


4,279 


573 


102 


1,088 


36 


176.0 


103.4 


153.8 


42.2 


91.3 


597 


1949 


5,036 


4,329 


576 


131 


1,074 


43 


175.9 


106.4 


161.2 


42.3 


98.6 


647 


1950'^) 


5,157 


4,369 


621 


167 


1,018 


51 


177.5 


112.2 


165.0 


42.3 


103.6 


693- 


1951 


5,231 


4,467 


656 


108 


943 


77 


190.0 


117.7 


177.6 


41.8 


116.8 


806- ■ 


1952 


5,304 


4,562 


613 


129 


888 


97 


192.4t 


124.3 


192.8 


41.5 


129.2 


895t 


Monthly 


























1952-May 31 


5,329 


4,655 


567 


107 


924 


98 


188.7 


122.4 


174.2 


41.9 


129.4 


875t 


June 


* 


* 


* 


♦ 


* 


* 


190.9 


124.6 


192.3 


41.3 


129.7 


885- 


July 


* 


* 


* 


* 


* 


* 


191.4 


125.8 


209.4 


41.3 


128.6 


901' 


Aug. 16 


5,419 


4,606 


727 


86 


1,007 


98 


194.1 


127.3 


236.6 


41.1 


128.9 


919t 


Sept. 


* 


* 


* 


* 


* 


* 


198.5 


127.2 


224.7 


41.6 


129.5 


931t 


Oct. 


* 


* 


* 


* 


* 


* 


200.8 


126.4 


223.4 


42.1 


129.9 


946t 


Nov. 22 


5,290 


4,680 


496 


114 


795 


100 


199.8 


125.9 


213.4 


42.1 


131.0 


952t 


Dec. 13 


5,276 


4,558 


586 


132 


782 


100 


199.6 


124.6 


202.5 


42.5 


132.1 


942t 


1953-Jan. 24 


5,200 


4,523 


490 


187 


770 


103 


196.3 


122.6 


174.8 


38.3 


134.0 


928t 


Feb. 21 


5,194 


4,518 


497 


179 


768 


104 


197.6 


122.5 


159.8 


41.9 


134.2 


920t 


Mar. 21 


5,192 


4,534 


486 


172 


799 


104 


199.5 


121.7 


153.6 


42.1 


134.4 


924t 


Apr. 18 


5,241 


4,645 


431 


165 


833 


105 


201.lt 


120.6t 


156.8t 


42.lt 


134.9t 


949 


May 16 


5,321 


4,720 


487 


114 


887 


105 


201.5** 


120.5** 


175.0** 


41.9** 


135.6** 




June 20 


5,387 


4,888 


409 


90 


900 


105 















Sources: Dominion Bureau of Statistics. Dept. of National Defence. 

(1) Estimates based on a sample of about 30,000 households and therefore 
subject to sampling error which is relatively larger the smaller the estimate. 
Figures for 1953 are not strictly comparable with earlier data because of 
small downward revisions in the population estimates based on 1951 census 
details. Annual figures are averages of 4 surveys. Nfld. is excluded prior to 
1950; 1950 averages for it were: "With Jobs" 93, "Without Jobs" 14. 
Figures after months are dates of ends of survey weeks. 

(2) Includes persons who, though having jobs, neither worked nor sought work, 

(3) Includes persons who. though having jobs, did not work but sought work 
and those who would have sought worked but were temporarily ill, on 
indefinite or prolonged lay-off, or believed no work was available. 



f4) 



Includes an estimate of labour force figures for June 1950 for Manitoba 
which was not covered because of floods. 
Annual figures are averages for labour force survey dates. 
As reported by employers usually having IS or more employees. Dated 
first of month and covering last pay period in previous month. 
Include salaried and part-time workers; exclude Newfoundland. 
Include hourly-rated wage earners only; include Nfld. commencing in 1950. 
Gross earnmgs before deductions for taxes, unemployment insurance, etc. 
(lb) Includes bonuses and commissions, food, clothing, shelter and contributions 
to insurance, pensions, etc. provided by employer. Includes Newfoundland 
commencing in 1949. 
Not available. ** Preliminary. t Revised. 



(5) 
(6) 

(V) 
(8) 
(9) 



AVERAGE HOURLY EARNINGS IN CERTAIN INDUSTRIES 

CURRENT AND DEC. 1950 DOLLARS'^) 



(1) 




(1) Covers establishments usually employing not less than 15 persons and includes overtime and part-time workers. Gross earnings 
before deductions for taxes, unemployment insurance, etc. 

(2) Current dollars divided by D.B.S. Consumers Price Index on base December, 1950= 100. 



121 



JULY 1953 



,(1) 



Millions of KWH 



XIV— CENTRAL ELECTRIC STATIONS' 

Compiled from "Central Electric Stations" , Dominion Bureau of Statistics 





Production 


Exports 

to 
U.S.A. 




Consumption 


Daily Averages 


Generated 
by 


Generated 
by 


Total 


Losses 
(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 


1952 


162.6 


6.2 


168.8 


6.8 


16.2 


10.2 


135.6 


Monthly 
















1952— Apr. 


162.7 


5.0 


167.7 


7.9 


16.0 


10.8 


133.0 


Mav 


166.8 


5.3 


172.1 


8.7 


16.3 


15.2 


131.9 


June 


161.1 


5.1 


166.2 


7.8 


15.8 


13.6 


129.0 


July 


151.4 


4.8 


156.2 


6.5 


15.0 


9.1 


125.6 


Aug. 


155.2 


5.1 


160.3 


6.7 


15.4 


9.9 


128.4 


Sept. 


160.2 


6.3 


166.5 


5.8 


16.1 


8.3 


136.3 


Oct. 


167.5 


7.3 


174.8 


5.6 


16.9 


10.3 


142.0 


Nov. 


164.2 


9.9 


174.1 


5.0 


16.9 


8.9 


143.3 


Dec. 


170.0 


8.6 


178.6 


6.0 


17.3 


9.7 


145.6 


1953— Jan. 


174.3 


8.1 


182.5 


6.9 


17.6 


10.8 


147.1 


Feb. 


180.4 


7.2 


187.7 


7.0 


18.1 


13.5 


149.1 


Mar. 


179.0 


7.4 


186.4 


7.0 


17.9 


13.9 


147.6 


Apr. 


185.0 


6.6 


191.6 


7.8 


18.4 


20.5 


144.9 


May 


180.3 


5.7 


186.0 


7.6 


17.8 


18.3 


142.2 



(1) Including Newfoundland commencing in 1950. 



XV— U.S. ECONOMIC STATISTICS 









U.S. Department of 


Commerce 






:.'..s. 


Dept. of Labor 


Federal Reserve 








Govt. 














Average 








Gross 


Change in 


Expend- 


Savings 


Con- 




Retail 


Consumer 


Wholesale 


Hourly 


Total 


Output of 








iture on 






Unem- 


Sales 


Price 


Prices 


Earnings 


Industrial 


Consumer 




Product 


Inventories 


National 

Security 

(1) 


Percentage 

of 
Disposable 


(3) 


ployment 


(4) 


Index 


All Com- 
modities 


in Manu- 
facturing 
(S) 


Production 

(4) 


Durables 
(4) 




Billi 


ons of Dolla 


rs(2) 


Income 


Billions of $ 


Millions 


BillionsofS 


1947-4 


9 = 100 


Dollars 


1935-39 = 100 


1947-49 = 100 


Annual AveragesW 


























1929 


103.8 


1.6 


* 


4.5 


10.8 


1.6 


48.5 


73.3 


61.9 


.57 


110 


* 


1933 


55.8 


-1.6 


* 


-2.7 


2.9 


12.8 


24.5 


55.3 


42.8 


.44 


69 


* 


1937 


90.2 


2.3 


* 


5.5 


7.0 


7.7 


42.2 


61.4 


56.1 


.62 


113 


* 


1946 


211.1 


6.1 


21.2 


7.6 


12.0 


2.3 


102.5 


83.4 


78.7 


1.09 


170 


♦ 


1950 


286.8t 


7.5t 


18.5 


5.5 


28.8 


3.1 


143.7 


102.8 


103.1 


1.47 


200 


153 


1951 


329. 8t 


10.9t 


37.4t 


7.5t 


30.9 


1.9 


158.2 


111.0 


114.8 


1.59 


220 


122 


1952 


348.0t 


3.7t 


48.9t 


7.2t 


32.3 


1.7 


164.1 


113.5 


111.6 


1.67 


219 


108 


Monthly 


























1952— Mar. 


340.4t 


1.5t 


46.2t 


6.6t 


2.3 


1.8 


13.0 


112.4 


112.3 


1.66 


221 


104 


Apr. 










2.5 


1.6 


13.4 


112.9 


111.8 


1.66 


216 


103 


May 










2.7 


1.6 


13.9 


113.0 


111.6 


1.66 


211 


105 


June 


345.lt 


.7t 


49.8t 


6.3t 


2.9 


1.8 


14.0 


113.4 


111.2 


1.66 


204 


108 


July 










3.0 


1.9 


13.7 


114.1 


111.8 


1.65 


193 


71 


Aug. 










3.1 


1.6 


13.4 


114.3 


112.2 


1.67 


215 


84 


Sept. 


345.3t 


4.2t 


49.2t 


8.2t 


3.1 


1.4 


13.6 


114.1 


111.8 


1.70 


228 


121 


Oct. 










3.0 


1.3 


14.2 


114.2 


111.1 


1.71 


230 


125 


Nov. 










2.8 


1.4 


14.0 


114.3 


110.7 


1.72 


234 


134 


Dec. 


361.lt 


8.5t 


50. 5t 


7.7t 


2.5 


1.4 


14.4 


114.1 


109.6 


1.73 


235 


134 


1953— Jan. 










2.3 


1.9 


14.1 


113.9 


109.9 


1.74 


236 


141 


Feb. 










2.2 


1.8 


14.5 


113.4 


109.6 


1.74 


240 


148 


Mar. 


362.0t 


2.9t 


51.6t 


7.2t 


2.4 


1.7 


14.4 


113.6 


110.0 


1.75 


243 


148 


Apr. 










2.6 


1.6 


14.4 


113.7 


109.4 


1.75 


241 


148 


May 










2.9 


1.3 


14.4 


114.0 


109.8 


1.76t 


240t 


144 


June** 


372.4 


8.8 


53.6 


6.9 


3.3 


1.6 


14.5 


114.5 


109.4 


1.77 


241 


145 



(1) Includes stockpiling, atomic energy, and Mutual Defence Assistance in 
addition to strictly military programmes. 

(2) Seasonally adjusted annual rates. 

(3) Value of new work put in place. 

(4) Seasonally ad^'usted. 



(5) Production workers. 

(6) Quarterly averages for first four columns. Calendar year totals in the case 
of "Retail Sales" and "Construction". 

* Not available. ** Preliminary. t Revised by the U. S. Department 

of Commerce due to new source materials that have become available. 
J Revised. 



JULY 1953 122 

U.S. ECONOMIC STATISTICS 

G.N. p., INDUSTRIAL PRODUCTION, PRICES, HOURLY EARNINGS AND BANKING 



MAJOR COMPONENTS OF G.N.P. 

BILLIONS OF DOLLARS BILLIONS OF DOLLARS 

2501 



225 



200 



175 



50 



25 



SEASONALLY ADJUSTED ANNUAL RATES 




^ROSS PRIVATE DOMESTIC INVESTMENT 
\ CEXCL. INVENTORY ACCUM.5 I 




250 



225 



200 



175 



50 



25 



INDUSTRfAL PRODUCTION 

POIN TS IN TOTAL INDEX 1935-39=100 POINTS IN TOTAL IN DEX 
250 1 SFASONALLY ADJUSTED I I 250 



200 



100 



50 




DURABLE MANUFACTURES - 
CEXCL. AUTOMOBILES) 




NON -DURABLE MANUFACTURES 



AUTOM.OBILES & PARTS- 



I I I I r I I I I I I 



200 



100 



50 



1950 



1951 



1952 



1953 



1950 



1951 



1952 



1953 



CONSUMER PRICE INDEX 

INDEX 1947-49 = 100 INDEX 1947-49 = 100 

120 




WHOLESALE PRICES 

INDEX 1947-49 = 100 INDEX 1947-49 = 100 




1950 



1951 



1952 



1953 



n V' r I I I I I I I I I I I I I I I I I I I I I I I I I I I I t I I r 1 I I I I I I I I I I I ]Tq 

1950 1951 1952 1953 

*ALL COMMODITlEi OTHER THAN FARM PRODUCTS AND PROCESSED FOODS. 



AVERAGE HOURLY EARNINGS IN MANUFACTURING 

DOLLARS PER HOUR DOLLARS PER HOUR 



1.70 



1.60 



1.50 



1.40 





MONI 


■HLY 

A 


f 


1952 DO 


LLARS * 


^ 




/ 


CURRENT DOl 


-LARS 












r.i, ,1, , 1,1 


1 . 1 1 1 1 1 1 1 1 1 


Mllllnln 


1 1 1 1 1 1 1 1 1 1 i) 



TRENDS IN U.S. BANKING ^ 

BILLIONS OF DOLLARS BILLIONS OF DOLLARS 

120 



1.70 



1.60 



1.50 



1.40 




1950 1951 1952 1953 

* EARNINGS IN CURRENT DOLLARS DIVIDED BY CONSUMERS PRICE INDEX 
ON BASE <9SZ=IOO 



1950 1951 1952 

ALL COMMERCIAL AND MUTUAL SAVINGS BANKS 



1953 



123 JULY 1953 

XVI— DOMESTIC EXPORTS : COMMODITY CLASSIFICATION BY DESTINATION' 

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



rd) 



Destination and Period 


Wheat & 
Flour 


Other 
Farm 


Fish& 
Fish Prod. 


Newsprint 


Woodpulp 


Other 
Forest 


Metals & 
Minerals 


Chemicals 
& Fert. 


Manuf. & 
Misc. 


Total 


United States 


1952-lQ 
2Q 

1953-lQ 
2Q 


6 

26 

5 

9 


42 
50 
41 
64 


21 
21 
19 
20 


127 
129 
138 
138 


67 
56 
48 
52 


69 

73 
74 

77 


112 
122 
142 
151 


19 
18 
22 

22 


79 
78 
75 
91 


542 
571 
564 
624 


United Kingdom 


1952-lQ 
2Q 

1953-lQ 
2Q 


37 
78 
34 
85 


18 
17 
11 
12 


4 


3 
4 
2 
6 


13 
12 

4 

7 


24 
41 
15 
16 


55 
84 
51 
53 


2 
2 
2 

1 


4 
4 
6 
6 


156 
243 
124 
190 


Dependent 
Sterling Area 


1952-lQ 
2Q 

1953-lQ 
2Q 


6 
4 
5 
4 


3 
3 
2 
3 


2 
1 

2 

1 


1 


- 


2 
2 
1 
2 


1 
1 


1 


7 
6 
4 
4 


21 
17 
14 
14 


Independent 
Sterling Area '2) 


1952-lQ 
2Q 

1953-lQ 
2Q 


15 
22 
24 
27 


2 
1 
1 
1 


- 


4 
4 
1 
4 


1 

1 


9 
6 
4 
5 


7 
7 
3 
3 


1 

1 

1 


24 
16 
12 
16 


64 
58 
45 
56 


Western Europe 

& Colonies o 


1952-lQ 
2Q 

1953-lQ 
2Q 


24 
37 
12 
53 


9 
18 

8 
21 


2 
2 
2 

1 


1 


9 
3 

1 
2 


2 

1 

1 


22 
24 
15 
16 


5 
5 
5 

7 


12 
11 
14 
11 


86 
103 

59 
111 


Central and 
South America 


1952-lQ 
2Q 

1953-lQ 
2Q 


10 
14 
13 
14 


4 
3 
4 
4 


4 
3 
3 

2 


4 
6 
3 

4 


2 
3 


1 


8 

11 

5 

6 


1 
1 
1 
1 


45 
31 
20 
23 


80 
72 
50 

54 


All Other 
Countries 


1952-lQ 
2Q 

1953-lQ 
2Q 


19 
23 
19 
20 


4 

4 

11 

7 


1 
1 


1 
1 

1 


2 
2 
3 
2 


1 
1 


1 
3 

4 
5 


2 
2 
2 

1 


10 
7 
6 
5 


40 
42 
45 
44 


Total Exports 


1952-lQ 
2Q 

1953-lQ 
2Q 


117 
204 
112 
212 


82 

96 

78 

112 


29 
27 
27 
29 


141 
144 
145 
152 


94 
77 
56 
63 


107 

124 

94 

102 


206 
252 
220 
234 


31 
29 
32 
33 


181 
153 
137 
156 


989 
1,106 

901 
1,093 



(1) Excludes exports of foreign produce. (2) Consists of Union of South Africa, Eire, India, Pakistan, Burma, Australia, New Zealand, Iceland, Ceylon, 

Iraq, Jordan and Libya. (3) Excludes Spain, but includes Greece and Turkey. 



VALUE OF SELECTED EXPORTS 




100 150 200 

MILLIONS or DOLLARS 



300 325 



JULY 1953 



Millions of Dollars 



124 



XVII— EXTERNAL TRADE AND TRADE INDEXES 

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



(1) 



TOTAL EXPORTS (EXCLUDING GOLD) TO"' 


New Gold 
Production 
Available 

FOR 

Export 


EXPORT INDES 

194S - 100 


CESW 




U.S.A. 


U.K. 


Other 

Sterling 

Area 

(3) 


Western 

Europe & 

Colonies 

(4) 


Central 

and 

South 

America 


All 
Other 


Total 

All 

Countries 






Total 
Value 


Price 


Physical 
Volume 


Calendar Years 
1926 


471 


318 


85 


283 


44 


76 


1,277 


30 


41.0 


70.2 


58.4 


1929 


581 


226 


93 


142 


44 


92 


1,178 


37 


37.5 


64.4 


58.2 


1933 


196 


188 


39 


72 


10 


30 


535 


82 


17.2 


39.9 


43.1 


1937 


394 


386 


97 


94 


25 


49 


1,045 


145 


32.4 


53.4 


60.7 


1947 


1,057 


754 


359 


327 


135 


180 


2,812 


99 


90.2 


91.6 


98.5 


1948 


1,522 


689 


290 


317 


127 


165 


3,110 


119 


100.0 


100.0 


100.0 


1949 


1,524 


709 


305 


254 


132 


99 


3,023 


139 


97.3 


103.3 


94.2 


1950 


2,051 


473 


200 


199 


154 


80 


3,157 


163 


101.4 


108.3 


93.6 


1951 


2,334 


636 


266 


364 


217 


146 


3,963 


150 


127.3 


123.0 


103.5 


1952 


2,349 


751 


291 


468 


281 


216 


4,356 


150 


139.9 


121.8 


114.9 


12 Mths. end'g 

June 1953 


2,427 


663 


258 


451 


233 


222 


4,254 


160 








Monthly 

1952-May 


202.0 


87.8 


29.0 


30.7 


23.9 


13.5 


386.9 


8.5 


149.3 


121.7 


122.7 


June 


194.5 


85.0 


20.9 


46.4 


20.8 


13.1 


380.7 


14.6 


147.0 


121.7 


120.8 


July 


190.6 


70.2 


26.2 


44.8 


22.0 


21.3 


375.1 


14.9 


144.5 


121.2 


119.2 


Aug. 


181.0 


73.0 


22.7 


45.7 


14.5 


14.8 


351.7 


9.6 


135.2 


120.7 


112.0 


Sept. 


196.6 


44.1 


18.9 


47.7 


18.9 


16.1 


342.3 


12.8 


131.5 


120.1 


109.5 


Oct. 


210.9 


51.4 


17.0 


52.1 


27.0 


20.9 


379.3 


10.1 


145.9 


120.5 


121.1 


Nov. 


213.3 


61.5 


24.7 


42.7 


22.7 


26.9 


391.8 


13.6 


151.1 


120.4 


125.5 


Dec. 


224.5 


47.7 


19.6 


45.2 


23.3 


33.6 


393.9 


13.5 


152.0 


119.1 


127.6 


1953-Jan. 


191.7 


49.5 


17.7 


22.4 


18.8 


20.8 


321.3 


16.0 


123.8 


119.8 


103.3 


Feb. 


176.8 


36.4 


23.1 


19.5 


13.6 


10.2 


279.6 


16.1 


107.5 


119.3 


90.1 


Mar. 


206.4 


38.8 


18.4 


17.9 


17.7 


13.8 


313.0 


15.6 


120.1 


119.4 


100.6 


Apr. 


192.3 


45.3 


18.0 


21.8 


17.0 


10.4 


304.8 


11.7 


117.5 


119.5 


98.3 


May 


224.2 


68.5 


24.0 


38.5 


15.5 


14.3 


385.0 


12.0 


148.4 


118.6 


125.1 


June 


218.2 


77.3 


27.8 


52.0 


21.4 


19.4 


416.1 


13.7 


160.6 


119.2 


134.7 





TOTAL IMPORTS (EXCLUDING GOLD) FROM 






Excess of 


IMPORT INDEXES(5) 


















Merchandise 




1948-100 










Other 


Western 


Central 




Total 


Exports 
over 
















U.S.A. 


U.K. 


Sterling 


Europe & 


and 


All 


AU 


Merchandise 


Total 




Physical 








Area 


Colonies 


South 


Other 


Countries 


Imports 


Value 


Price 


Volume 








(3) 


(4) 


America 














Calendar Years 
























1926 


669 


165 


47 


71 


33 


23 


1,008 


269 


38.1 


68.9 


55.3 


1929 


894 


195 


59 


90 


33 


28 


1,299 


- 121 


49.1 


63.0 


77.9 


1933 


217 


98 


34 


32 


10 


10 


401 


134 


15.1 


43.7 


34.6 


1937 


491 


147 


87 


43 


21 


20 


809 


236 


30.6 


50.8 


60.2 


1947 


1,975 


189 


158 


64 


159 


29 


2,574 


238 


97.6 


88.0 


110.9 


1948 


1,806 


300 


194 


77 


223 


37 


2,637 


473 


100.0 


100.0 


100.0 


1949 


1,952 


307 


187 


83 


193 


39 


2,761 


261 


104.7 


102.6 


102.0 


1950 


2,131 


404 


242 


114 


215 


68 


3,174 


- 17 


120.4 


110.3 


109.2 


1951 


2,813 


421 


309 


181 


275 


86 


4,085 


- 122 


154.8 


126.2 


122.7 


1952 


2,977 


360 


186 


157 


285 


66 


4,031 


326 


152.3 


110.3 


138.1 


12 Mths. end'g 
























Apr. 1953 


3,098 


397 


172 


160 


285 


68 


4,180 


41 








Monthly 
























1952-May 


282.9 


33.2 


20.2 


15.3 


27.3 


7.1 


386.0 


1.0 


174.7 


110.7 


157.8 


June 


235.3 


31.6 


16.8 


12.5 


23.2 


4.9 


324,3 


56.5 


147.0 


109.6 


134.1 


July 


246.6 


34.1 


16.8 


11.8 


27.7 


6.2 


343.2 


32.0 


155.9 


107.9 


144.6 


Aug. 


212.8 


32.4 


14.3 


12.4 


24.3 


6.7 


302.9 


48.9 


137.5 


106.6 


129.0 


Sept. 


255.1 


31.5 


19.5 


14.2 


21.9 


6.9 


349.1 


- 6.8 


158.3 


106.7 


148.4 


Oct. 


275.2 


37.1 


16.8 


15.5 


26.7 


5.1 


376.4 


3.0 


170.8 


107.8 


158.4 


Nov. 


264.2 


35.3 


15.9 


17.3 


24.6 


6.1 


363.4 


28.3 


164.4 


108.2 


151.9 


Dec. 


265.2 


28.0 


10.1 


13.0 


22.6 


6.2 


345.1 


48.8 


155.8 


108.5 


143.6 


1953-Jan. 


249.2 


30.6 


9.4 


10.3 


21.2 


7.0 


327.8 


- 6.6 


147.5 


108.4 


136.1 


Feb. 


241.0 


27.2 


8.9 


8.9 


20.9 


3.1 


310.0 


-30.4 


140.5 


108.1 


130.0 


Mar. 


272.8 


37.6 


11.0 


11.9 


22.1 


4.7 


360.1 


-47.1 


163.4 


109.0t 


149.9t 


Apr. 


297.3 


37.9 


12.6 


17.3 


22.8 


3.9 


391.8 


-87.0 


177.9 


109.3 


162.8 


May* 


314.8 


43.2 










422.2 


-37.2 








June* 


304.7 


42.7 










409.3 


6.8 









(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. Prior to 1947 wheat exports 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, 1951 and 1952 amounted to 
56.8, 109.1, and 98.6 million dollars respectively. 

(3) Consists of U.K. Dependencies, Union of South Africa, Eire, India, 



Pakistan, Burma, Australia, New Zealand, Iceland, Jordan, Libya, 
Ceylon and Iraq. 

(4) Excludes Spain, but includes Greece and Turkey. 

(5) Excludes exports of foreign produce. Price indexes are based largely on 
unit values derived from the Customs' entries. Price indexes prior to 
1948 are converted from 1935-39 = 100. 

* Preliminary, 
t Revised. 



125 



JULY 1953 



XVIII— 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. cwt. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


mm. bd.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 


160 


18 


23 


83 


426 


236 


56 


80 


203 


271 


2,726 


1,883 


1948 


136 


12 


54 


371 


1,228 


205 


40 


90 


212 


221 


2,460 


2,188 


1949 


210 


10 


52 


421 


1,002 


67 


53 


72 


205 


251 


2,181 


1,503 


1950 


163 


10 


41 


459 


840 


79 


63 


56 


267 


284 


3,575 


1,612 


1951 


237 


12 


110 


239 


934 


6 


31 


41 


253 


286 


3,436 


2,676 


1952 


336 


13 


193 


15 


668 


4 


2 


69 


279 


263 


3,329 


2,329 


12-mth8 ending 


























May 1953 


324 


13 


202 


21 


737 


5 


3 


69 


278 


269 


3,258 


1,947 


Monthly 


























1952-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 


164.5 


.2 


.1 


5.5 


22.1 


19.3 


303.4 


192.8 


July 


38.3 


1.3 


28.3 


.1 


206.4 


.2 


.2 


6.8 


37.2 


19.6 


221.0 


183.9 


Aug. 


28.6 


.7 


15.1 


- 


68.5 


.2 


.2 


8.6 


35.5 


15.2 


235.9 


216.2 


Sept. 


24.5 


1.1 


15.5 


.4 


9.4 


.3 


.2 


6.6 


33.0 


21.5 


334.1 


233.8 


Oct. 


27.1 


1.4 


25.0 


.1 


33.9 


.4 


.3 


8.4 


25.4 


26.4 


273.9 


266.8 


Nov. 


38.0 


1.1 


19.9 


- 


118.5 


.5 


.4 


8.9 


27.8 


25.5 


330.4 


167.8 


Dec. 


24.7 


1.3 


34.1 


- 


36.6 


.4 


.2 


8.4 


14.2 


28.6 


234.6 


146.8 


1953-Jan. 


18.7 


.8 


6.0 


.1 


21.5 


.3 


.1 


3.5 


16.9 


21.3 


231.1 


138.3 


Feb. 


14.0 


.7 


4.1 


- 


12.8 


.3 


.8 


1.8 


19.4 


25.7 


220.0 


130.2 


Mar. 


11.2 


1.0 


3.7 


5.0 


42.3 


.6 


.2 


3.7 


19.2 


24.4 


301.2 


137.1 


Apr. 


15.4 


1.0 


9.9 


6.1 


8.7 


.7 


.4 


2.6 


12.0 


14.7 


308.0 


56.1 


May 


31.2 


1.1 


20.4 


8.8 


13.4 


.7 


.1 


4.4 


16.2 


26.7 


264.0 


77.4 





Wood 
Pulp 


News- 


Autos 
and 


Aluminum 
(unmanu- 


Copper 
(unmanu- 


Lead 
(unmanu- 


Zinc 
(unmanu- 


Nickel 
(unmanu- 


Silver 
(unmanu- 


Asbestos 
(unmanu- 


Fertilizer 


New Gold 
Production 

A \rct ita Vil^ 




print 


Trucks 


factured) 


factured) 


factured) 


factured) 


factured) 


factured) 


factured) 




for Export 




Thous. Ions 


Thous. tons 


Thous. 


Thous. tons 


Thous. tons 


Thous. tons 


Thous. tons 


Thous. tons 


Thous. 
fine oz. 


Thous. tons 


Thous. Ions 


Thous. 
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 


1960 


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 


1952 


1,941 


5,327 


80 


441 


168 


159 


352 


142 


18,475 


902 


746 


4,310 


12-mth8 ending 


























May 1953 


1,797 


5,227 


54 


470 


185 


177 


380 


141 


18,050 


888 


748 


4,638 


Monthly 


























1952-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 


44.5 


17.3 


13.4 


24.9 


11.9 


1,366.2 


75.6 


58.7 


277.2 


Sept. 


139.3 


415.5 


6.8 


39.1 


15.1 


15.5 


24.6 


12.2 


801.0 


83.3 


61.2 


374.7 


Oct. 


157.8 


426.2 


8.2 


41.3 


15.1 


16.4 


36.4 


10.6 


1,448.3 


78.1 


65.9 


296.2 


Nov. 


161.7 


498.6 


5.8 


35.1 


14.9 


17.3 


31.0 


12.3 


1,133.0 


69.8 


58.8 


395.4 


Dec. 


164.6 


427.7 


3.6 


35.2 


8.8 


9.6 


27.5 


9.2 


1,455.5 


88.6 


60.7 


398.9 


1953-Jan. 


158.2 


458.9 


3.9 


35.5 


16.1 


18.9 


40.7 


13.3 


2,148.7 


63.5 


67.6 


460.3 


Feb. 


127.4 


372.9 


4.8 


38.1 


20.6 


10.4 


27.6 


11.2 


1,347.3 


63.3 


71.3 


459.9 


Mar. 


149.1 


435.2 


4.0 


51.1 


14.2 


18.8 


34.4 


12.3 


832.7 


74.1 


62.4 


451.3 


Apr. 


144.5 


384.8 


4.2 


30.3 


15.2 


17.6 


29.1 


12.4 


2,079.8 


70.0 


61.1 


334.0 


May 


164.4 


441.2 


3.8 


40.3 


20.9 


11.2 


35.6 


11.5 


2,031.3 


81.5 


69.6 


343.1 



Note: The above table has been revised. Adjustments previously made to D.B.S. export figures have been eliminated in 1947 and subsequent years. 
(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) Prior to 1947, export figures are based on Board of Grain Commissioners' data rather than Customs' clearances. 



JULY 1953 

XIX— MERCHANDISE IMPORTS : COMMODITY CLASSIFICATION BY VOLUME"' 



126 







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. cwl. 


Thous. cwt. 


mm. lbs. 


Thous. cwt. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


Thous. gals. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


mm. lbs. 


Calendar Yean 


























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 


1952 


2,819 


11,024 


111 


11,864 


98 


46 


34 


3,995 


181 


51 


32 


12 


12-mth« ending 


























Apr. 1953 


2,960 


11,361 


699 


11,639 


100 


48 


35 


4,060 


181 


58 


41 


15 


Monthly 


























1952-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 


59.5 


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 


342.0 


6.1 


3.9 


4.7 


1.2 


Sept. 


260.0 


726.8 


8.5 


1,321.0 


7.9 


4.3 


.5 


443.7 


12.0 


4.2 


2.6 


1.1 


Oct. 


238.9 


628.3 


22.3 


1,972.2 


8.4 


3.8 


.5 


405.9 


17.5 


5.3 


2.4 


1.3 


Nov. 


194.6 


790.7 


31.5 


1,602.9 


8.9 


5.9 


.8 


348.4 


20.8 


5.1 


2.2 


1.4 


Dec. 


196.1 


1,695.5 


46.4 


528.0 


8.7 


3.8 


.8 


415.0 


22.3 


5.2 


2.2 


1.2 


1953-Jan. 


158.7 


762.9 


51.5 


69.9 


8.5 


4.0 


1.7 


317.2 


20.4 


5.6 


4.2 


1.6 


Feb. 


180.9 


1,042.5 


55.5 


407.9 


8.3 


3.1 


6.4 


226.4 


21.8 


6.1 


3.5 


1.3 


Mar. 


221.9 


1,106.8 


76.5 


442.8 


10.6 


6.0 


2.8 


363.8 


17.2 


6.0 


3.7 


1.4 


Apr. 


249.5 


1,016.9 


100.2 


800.6 


9.6 


4.4 


3.3 


324.6 


16.4 


5.0 


5.5 


1.5 





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. Ions 


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 


67 


18 


1,067 


276 


1932 


47 


68 


11 


28 


255 


31 


1 


52 


31 


12 


910 


193 


1937 


81 


2,125 


20 


60 


491 


76 


20 


304 


69 


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 


2,806 


832 


1951 


108 


3,831 


148 


197 


757 


382 


48 


2.402 


137 


27 


2,949 


911 


1952 


81 


4,268 


156 


179 


673 


339 


39 


2,455 


88 


25 


2,897 


1,043 


12-inth8 ending 


























Apr. 1953 


82 


4,227 


154 


144 


585 


271 


53 


2,458 


84 


24 


3,017 


1,053 


Monthly 


























1952-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 


266.4 


92.4 


June 


6.4 


462.3 


4.3 


14.7 


42.6 


21.2 


5.6 


361.3 


1.1 


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 


Sept. 


5.1 


1,029.0 


8.7 


14.4 


65.4 


25.5 


3.1 


318.4 


5.2 


2.7 


262.4 


121.4 


Oct. 


6.9 


949.1 


14.4 


14.5 


67.6 


31.0 


3.6 


254.1 


4.1 


2.6 


251.1 


100.9 


Nov. 


6.4 


642.7 


33.8 


13.5 


51.2 


25.8 


2.4 


198.9 


10.1 


2.2 


255.9 


106.5 


Dec. 


9.3 


212.5 


24.7 


10.3 


49.7 


18.3 


2.0 


176.2 


6.2 


1.5 


241.3 


116.5 


1953-Jan. 


8.3 


16.6 


25.2 


13.1 


47.1 


19.8 


2.8 


28.5 


5.0 


1.2 


263.9 


71.4 


Feb. 


7.6 


11.0 


4.8 


7.9 


45.2 


19.2 


2.9 


14.3 


2.7 


1.6 


233.5 


51.6 


Mar. 


6.2 


2.2 


8.6 


9.6 


47.5 


19.9 


6.2 


19.4 


8.2 


1.4 


251.9 


48.9 


Apr. 


7.1 


12.1 


10.4 


10.4 


55.8 


23.4 


8.9 


17.4 


16.0 


1.6 


228.4 


49.8 



(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 



TATISTICAL SUMMARY 

BANK OF CANADA 



Tables Charts^ [^^^^ \ Pages 



t 



I Bank OF Canada : \ 

Liabilities and Assets 127-128 

II Chartered Banks: i *" 

Liabilities and Assets . ."* . ..«-^' 127-128 

III General Public Holdings of Certain Liquid Assets: 

Currency, Bank Deposits and Government of Canada Securities . . . 129-130 

Resident and Non-Resident Holdings: Approximate Division . . . 131 

Canadian Bank Deposits of the General Public 131 

Chartered Banks: Current Loans to the Public in Canada . . 132 

IV International Security Transactions 132 

V Government Bond Yields and Treasury Bill Rates 133 

Yields of Government Bonds: Canada, U.K. &f U.S.A. . . . 133 

VI Foreign Exchange Rates 134 

United States Dollar in Canadian Funds 134 

VII Official Holdings of Gold and U.S. Dollars 134 

VIII Quarterly Estimates of Canadian Balance of 

International Payments: 1950-1953 135-136 

IX Estimates of Labour Income 137 

Labour Income 138 

Sources of Personal Income 138 

X Employment and Labour Income 138 

XI Price Indexes 139 

XII Volume of Industrial Production 139 

XIII Grains: Acreages and Production 140 

XIV Canadian Wheat: Statistical Position 141 

XV U. S. Economic Statistics 141 

XVI External Trade and Trade Indexes 142 

XVII Merchandise Imports: Commodity Classification BY Value . . . 143-144 



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 1953 



127 



AUGUST 1953 AUGUST 1953 

I— BANK OF CANADA 



128 

Millions of Dollars 









LIABILITIES 










ASSETS 




1 






Chartered Bank Cash 


Govt, of 
Canada 
Deposits 


Otiier 
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.ofC. 


Total 


Govt, of Canada 
AND Provincial 


Ind. Dev. 

Bank 
Cap. Stock 


Other 
Securities 


Total 






Under 2 yrs. 


Over 2 yra. 




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 


U.l 


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 


1952 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


- 


- 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


1952 


End of 

1952— 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— 1952 


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 


Julv 


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 


_ 


_ 


67.6 


1,214.3 


957.3 


25.0 


12.4 


2,208.9 


- 


34.8 


Nov. 


Dec. 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 


- 


- 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


Dec. 


1953— Jan. 


213.4 


603.1 


816.5 


40.5 


47.6 


70.2 


1,266.2 


60.0 


2,300.9 


_ 


_ 


64.4 


1,351.2 


803.0 


25.0 


13.4 


2,192.6 


- 


43.8 


Jan.— 1953 


Feb. 


191.5 


668.0 


859.5 


88.6 


51.4 


77.4 


1,281.3 


31.8 


2,390.1 


_ 


_ 


72.1 


1,411.9 


817.5 


25.0 


14.2 


2,268.6 


- 


49.5 


Feb. 


Mar. 


232.3 


601.1 


833.4 


60.6 


66.5 


71.0 


1,261.1 


34.1 


2,326.7 


_ 


_ 


65.7 


1,371.0 


810.9 


25.0 


14.5 


2,221.3 


- 


39.8 


Mar. 


Apr. 


232.7 


646.7 


879.3 


48.3 


76.8 


73.4 


1,272.1 


37.2 


2,387.2 


_ 


_ 


68.1 


1,436.6 


796.0 


25.0 


15.0 


2,272.7 


- 


46.4 


Apr. 


May 


210.4 


594.9 


805.4 


45.6 


72.1 


64.8 


1 ,307.5 


50.1 


2,345.4 


_ 


_ 


59.4 


1,364.8 


821.4 


25.0 


15.5 


2,226.7 


- 


59.3 


May 


June 


239.0 


647.6 


886.7 


47.9 


82.6 


72.0 


1,290.0 


44.9 


2,424.2 


_ 


_ 


66.5 


1,405.5 


852.0 


25.0 


15.5 


2,298.1 


- 


59.5 


June 


July 


214.2 


646.6 


860.8 


43.8 


68.7 


80.9 


1,333.0 


65.4 


2,452.6 


- 


- 


75.0 


1,451.6 


838.5 


25.0 


15.7 


2,330.8 


" 


46.7 


July 


(1) Includes foreign excha 


nRP items for fo 


reign clients anc 


also the Cover 


nment of Canad 


a and, commencing March 31, 


949. the Exchange Fund Account. •*: SinceMgy 1940 the 


minimum golc 


reserve requirement has been in suspense. 















II- 



Milliotis of Dollars 



-CHARTERED BANKS 

Bank oj Canada 



Millions of Dollars 



As at Dec. 31 
1926 
1929 
1933 
1937 

1947 
1949 
1950 
1951 
1952 
End of 
1952— July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1953— Jan. 

Feb. 
Mar. 
Apr. 
May 
June 
July 



LIABILITIES 



Notes 



175 
175 
132 
102 

18 
14 



Deposits 



Demand 



729 
502 



2,296 
2,426 
2,770 
2,963 
3,242 

2,885 
2,895 
3,026 
3,068 
3,106 
3,242 

2,974 
2,949 
2,936 
3,115 
3,040 
3,143 
3,049 



Notice 



Govt, of 

Canada 

and Prov. 



1,373 
1.434 
1,357 
1,583 

3,740 
4,333 
4,558 
4,612 
4,924 

4,836 
4,870 
4,901 
4,901 
4,916 
4,924 

4,945 
5,008 
5,067 
5,107 
5,100 
5,126 
5,152 



31 
92 
61 
53 

376 
367 

500 
322 
255 

359 
311 
264 
351 
269 
255 

270 
352 
455 
419 
346 
365 
295 



Canadian 
Deposits 



2,025 
2,270 
1,933 
2,387 

6,473 
7,348 
7,997 
8,088 
8,623 

8,252 
8,241 
8,395 
8,529 
8,501 
8,623 

8,357 
8,471 
8,618 
8,827 
8,681 
8,8,52 
8,694 



Foreign 



Total 
Deposits 



334 
442 
322 
409 

824 
730 
735 
795 



838 

847 
864 
835 
865 
865 

845 
876 
886 
915 
908 



(1) EstiiT 



2,410 
2,820 
2,294 
2,819 

7,406 
8,177 
8,867 
9,003 
9,570 

9,165 
9,160 
9,333 
9,445 
9,435 
9,570 

9,275 
9,437 
9,586 
9,815 
9,656 
9,822 
9,640 



ASSETS 



Cash 
in (]) 
Canada 



228 
228 
196 
250 

720 
753 
810 
892 



831 
812 



863 
812 



817 
860 
833 
879 
805 
887 



Securities 



Govt, of 
Canada 



Prov- 
incial 



304 

297 

651 

1,111 



3,112 
3,079 
2,754 
2,784 

3,029 
3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 
2,915 
2,854 
2,787 



3,116 



445 
416 
355 
379 

309 
326 
308 
380 
392 
379 

330 
322 
308 
309 
320 
310 
297 



Foreign 
Govt. 



Other Total 



180 

151 

210 

59 242 



271 
242 
193 
200 
255 

249 
244 
262 
233 
230 
255 

266 
250 
236 
248 
252 
254 
257 



487 
545 
599 
567 
537 

548 
545 
545 
543 
545 
537 

522 
529 
514 
540 
537 
537 
532 



484 

448 

861 

1,411 

3,874 
4,345 
4,286 
3,876 
3,955 

4,135 
4,139 
4,202 
4,147 
4,006 
3,955 

3,981 
4,042 
4,082 
4,135 
4,024 
3,956 
3,872 



nonth-end deposits payable in Canadian currency. (2) Includes inter-bank deposits, 
lanuarv 1950- liahilitv fnr ^fr^^L^n"^ monthly average deposits in 1936 and after. (5) Bank of Canada notes in public circular 
January 1950, liability for outstanding notes issued for circulation in Canada transferred to Bank of Canada during January I9S0. 



Loans 



151 

262 

106 

76 

105 
133 
134 
107 
155 

145 
147 
135 
130 
121 
155 

135 
141 
140 
152 
138 
123 
125 



970 

1,403 

898 

749 

1,921 
2,174 
2,651 
2,901 
3,188 

2,928 
2,927 
2,979 
3,096 
3,243 
3,188 

3,178 
3,181 
3,262 
3,372 
3,402 
3,469 
3,543 



85 
122 
138 
113 

78 
97 
125 
127 
101 

125 
121 

114 
116 
108 
101 

115 
120 
132 
136 
124 
107 
106 



273 

245 
90 
60 

56 
70 
100 
131 
170 

167 
135 
110 
145 
156 
170 

158 
186 
147 
178 
168 
179 
177 



270 
251 
138 
166 

234 
211 
247 
278 
264 



255 
265 
263 
273 
264 

266 
265 
274 
270 
273 
270 
254 



Total 

Assets 



2,940 
3,521 
2,816 
3,281 

7,974 
8,718 
9,496 
9,610 
10,157 

9,737 
9,728 
9,907 
10,042 
10,038 
10,157 

9,872 
10,034 
10,182 
10,416 
10,242 
10,398 
10,210 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (J) 
Canada 


Deposits 

(4) 


Canadian 
Deposits 


Note IS) 
Circulation 












Aver, of IJaily Pfgurea 


192 


1,958 


9.8 


195 


1926 


191 


2,293 


8.3 


205 


1929 


189 


1,941 


9.8 


157 


1933 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


746 


7,178 


10.4 


1,087 


1949 


755 


7,487 


10. 1 


1,085 


19.50 


791 


7,759 


10.2 


1,132 


1951 


845 


8,110 


10.4 


1,207 


1952 


848 


8,208 


10.3 


1,212 


July— 1952 


848 


8,200 


10.3 


1,222 


Aug. 


855 


8,183 


10.! 


1,231 


Sept. 


868 


8,393 


10.3 


1,246 


Oct. 


848 


8,443 


10.0 


1,255 


Nov. 


840 


8,314 


10.1 


1,282 


Dec. 


906 


8,426 


10.8 


1,230 


Jan.— 1953 


889 


8,296 


10.7 


1,232 


Feb. 


883 


8,407 


10.5 


1,245 


Mar. 


869 


8,618 


10.1 


1,257 


^?''- 


880 


8,699 


lO.l 


1,269 


May 


865 


8,529 


10.1 


1,268 


June 


875 


8,685 


10.1 


1,286 


July 



.-.S:;-|?.te-'^i^«'^='';ir-^d^sSii^93,>aid'^;er- 



129 



Millions of Dollars 



AUGUST 1953 AUGUST 1953 

III— GENERAL PUBLIC HOLDINGS OF CERTAIN LIQUID ASSETS* 

Currency. Bank Deposits and Government of Canada Securities 

Bank of Canada 



130 



Millions of Dollars 















I. CANADIAN DOLLAR CURRENCY AND BANK DEPOSITS HE LD BY THE GENERAL PUBLIC 


AND RELATED BANK ASSETS 






















Currency and Active Bank Deposits 








Inactive"' 

Chartered 

Bank 

Notice 


Total 

Currency 

and 

Bank 
Deposits 

Total 

Related 

Bank 

Assets 


RELATED Bank Assets 






Currency 
Outside Banks 


Active Bank Deposits"' 


Total 

Currency 

and 


Government of Canada debt 

held by Bank of Canada 

and Chartered Banks 


Other Related Bank Assets 


(3) 












Chartered Banks 


Bank of 




Chartered Bank Can. Loans 
and non-Govt. Securities 


Bk. of Can. 

Gold and 

Exchange 

holdings 

(net) 


All 








Notes 


Coin 


Total 


Public 
Demand 


Active 
Notice 


Other 

excl. 

Govt, of 

Canada 


Total 


Less 
Float 


Net 
Total 


Canada 
"Other" 
Deposits 


Total 


Active 

Bank 

Deposits 


Deposits 


Total 


Less Govt. 
Deposits 


Net 
Total 


Canadian 
Loans 

(6) 


Non-Govt. 

Securities 

(I) 


Total 


Other 

(net) 

m 


Total 




as at Dec. 31 
















































as at Dec. 31 


1949 


1,110 


74 


1,184 


2,426 


682 


338 


3,446 


33S 


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 


1952 
End of 
1952— July 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 j 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


1952 

End of 

July-1952 


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 


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. 


Nov. 


1,294 


89 


1,383 


3,106 


790 


403 


4,299 


618 


3,681 


65 


3,746 


5,129 


4,125 


9,254 


5,011 


92 


4,919 


3,471 


937 


4,408 


1 


74 


4,335 


Nov. 


Dec. 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


Dec. 


1953— Jan. 


1,266 


87 


1,353 


2,974 


805 


371 


4,150 


540 


3,610 


48 


3,658 


5,011 


4,139 


9,150 


5,017 


108 


4,909 


3,428 


852 


4,280 


2 


40 


4,242 


Jan.-1953 


Feb. 


1,281 


88 


1,369 


2,949 


816 


363 


4,128 


547 


3,581 


51 


3,632 


5,001 


4,192 


9,193 


5,169 


239 


4,930 


3,442 


851 


4,293 


2 


32 


4,263 


Feb. 


Mar. 


1,261 


88 


1,349 


2,936 


824 


450 


4,210 


585 


3,625 


67 


3,692 


5,041 


4,242 


9,283 


5,205 


225 


4,980 


3,534 


822 


4,356 


2 


55 


4,303 


Mar. 


^r- 


1,272 


89 


1,361 


3,115 


831 


415 


4,361 


571 


3,790 


77 


3,867 


5,228 


4,276 


9,504 


5,271 


238 


5,033 


3,660 


849 


4,509 


2 


40 


4,471 


Apr. 


May 


1,307 


91 


1,398 


3,040 


832 


403 


4,275 


609 


3,666 


72 


3,738 


5,136 


4,268 


9,404 


5,101 


184 


4,917 


3,664 


857 


4,521 


2 


36 


4,487 


May 


June 


1,290 


88 


1,378 


3,143 


835 


497 


4,475 


722 


3,753 


83 


3,836 


5,214 


4,291 


9,505 


5,112 


134 


4,978 


3,699 


848 


4,547 


2 


22 


4,527 


June 


July 


1,333 


92 


1,425 


3,049 


839 


383 


4,271 


610 


3,661 


69 


3,730 


5,155 


4,313 


9,468 


5,077 


154 


4,923 


3,773 


828 


4,601 


2 


58 


4,545 


July 



2. GOVERNMENT OF CANADA SECURITIES 



Outstanding"' 



Direct Funded Debt 



Unmatured 



Special 
Banking 
Issues t" 



1,200 
1,500 
1,400 
1,400 

1,600 
1,500 
1,500 
1,500 
1,400 
1,400 

1,375 
1,500 
1,550 
1,600 
1,400 
1,400 
1,400 



Other 
market 
Issues 



12,755 
12,586 
12,225 
12,020 

12,173 
12,172 
12,172 
12,172 
12,021 
12,020 

12,080 
12,080 
12,055 
12,055 
12,055 
12,055 
12,065 



Non- 
market 
Debt"" 



1,227 
1,218 
1,194 
1,250 

1,044 
1,029 
1,011 
1,032 
1,273 
1,250 

1,237 
1,225 
1,206 
1,190 
1,163 
1,143 
1,126 



Total 



15,182 
15,304 
14,819 
14,670 

14,717 
14,701 
14,683 
14,704 
14,694 
14,670 

14,692 
14,805 
14,811 
14,845 
14,618 
14,598 
14,591 



Matured 

and 

out- 
standing 



53 
51 
21 
19 

21 
20 
19 
19 
19 
19 

19 
18 
20 
19 

17 
17 
17 



Total 



15,235 
15,355 
14,840 
14,689 

14,738 
14,721 
14,702 
14,722 
14,713 
14,689 

14,710 
14,824 
14,831 
14,864 
14,635 
14,615 
14,608 



* The term General Public refers to holdings of non-residents as well as 
residents; tor an approximate division between resident and non-resident 
holdings on a quarterly basis see Table ni, page 131. "o" resiaeni 

For a division of resident holdings between corporate and non-corporate 
holdmgs^as^atjea^ends see Statistical Summary September 1952 Table 

(1) Total Canadian dollar deposits of the chartered banks and the Bank of 
?h^li? '=?',<^' Inactive chartered bank notice deposits which consist of 
the estimated aggregate minimum quarterly balances in chartered banks' 
C=„'^3^' ?M fP ?'P°"V' '" Canada Plus non-personal noticV dlposK 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 



Guar- 
anteed 

Un- 
matured 
Funded 
Debt 



Exchange 
rate ad- 
justment 
(11) 



548 
577 
529 
528 

529 
528 
528 
528 
528 
528 

528 
528 
528 
528 
528 
528 
527 



Total 

(including 
exchange 
rate adjust- 
ment) 



36 

2 

27 

43 

46 
48 
48 
45 
41 
43 

43 
38 
38 
36 
34 
33 
35 



15,819 
15,934 
15,342 
15,174 

15,221 
15,201 
15,182 
15,205 
15,199 
15,174 

15,195 
15,314 
15,321 
15,356 
15,129 
15,110 
15,099 



Bank 

of 

Canada 



2,009 
1,942 
2,191 
2,227 

2,124 
2,156 
2,135 
2,183 
2,172 
2,227 

2,154 
2,229 
2,182 
2,233 
2,186 
2,258 
2,290 



Chartered 
Banks 



3,112 
3,079 
2,764 
2,784 

3,029 
3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 
2,915 
2,854 
2,787 



of the Government of Canada at the chartered banks and the Bank of 
Canada (sho%vn in "Related Bank Assets" section); (d) Canadian dollar 
deposits 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 classification of Canadian loans sec Table IV, 

(6) Provincial, Municipal and "Other" securities. 





ution("> 


1 

1 Govern- 


General 


ment 
1 Accounts 

1 


Public 


796 


9,902 


847 


10,066 


1,009 


9,388 


1,101 


9,062 


1,040 


9,028 


1,052 


8,969 


1,071 


8,948 


1,083 


8,948 


1,096 


9,092 


1,101 


9,062 


1,101 


9,077 


1,096 


9,049 


1,093 


9,022 


1 1,090 


8,995 


t 1,183"" 


8,845 


! 1,207 


8,791 


1,220 


8,802 



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) 








Inactive 


Govt, of Canada 


Assets 


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 

(K) 


Non- 
market 

(IS) 


Total 




















as at Dec. 31 


4,422 


3,751 


8,676 


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 


5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,055 


1952 

End of 


4,872 


4,062 


7,984 


1,044 


9,028 


17,962 


4,012 


13,951 


July-1952 


4,887 


4,091 


7,940 


1,029 


8,969 


17,947 


3,991 


13,956 


Aug, 


5,016 


4,114 


7,937 


1,011 


8,948 


18,077 


4,058 


14,019 


Sept. 


6,143 


4,113 


7,916 


1,032 


8,948 


18,204 


4,219 


13,986 


Oct. 


6,129 


4,125 


7,819 


1,273 


9,092 


18,346 


4,335 


14,0U 


Nov. 


5,173 


4,129 


7,812 


1,260 


9,062 


18,365 


4,310 


14,054 


Dec. 


5,011 


4,139 


7,840 


1,237 


9,077 


18,227 


4,242 


13,985 


Jan.-1953 


5,001 


4,192 


7,824 


1,225 


9,049 


18,242 


4,263 


13,979 


Feb. 


5,041 


4,242 


7,816 


1,206 


9,022 


18,305 


4,303 


14,002 


Mar. 


5,228 


4,276 


7,806 


1,190 


8,995 


18,499 


4,471 


14,028 


^F'- 


6,136 


4,268 


7,682 


1,163 


8,846 


18,249 


4,487 


13,762 


May 


5,214 


4,291 


7,648 


1,143 


8,791 


18,296 


4,527 


13,769 


June 


5,116 


4,313 


7,676 


1,126 


8,802 


18,270 


4,545 


13,725 


July 



(7) Net of all related asset and liability items of the chartered banks and Bank 
of Canada which are not shown elsewhere in this table; includes foreign 
currency items and liabilities to shareholders. 

(8) Net of sinking fund holdings (except as noted m footnote 16). 

(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 Sayings Bonds. 

(11) Adjustment necessary to cliange vahie of foreign pay securities from £l = 
4.861 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 Summary, Sept. 1952. 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 Government of Canada Securities outstanding. 

(16) Including S75 millions of bonds purchased in the New York market 
during May 1953 which are held in a sinking fund account. 

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. 



131 



AUGUST 1953 



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



(1) 



Millions of Dollars 








Bank of Canada 
















Total Currency 

and Active 
Bank Deposits 


Inactive Chartered 

Bank Notice 

Deposits 


Government of 
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 


1943 


2,627 


99 


2,726 


1,542 


112 


1,654 


6,181 


1,003 


7,184 


10,350 


1,214 


11,564 


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 


8,220 


1,168 


9,388 


16,581 


1,544 


18,125 


1952 


4,977 


196 


5,173 


4,017 


112 


4,129 


8,097 


965 


9,062 


17,091 


1,273 


18,365 


Month-end 
1952— Mar. 


4,568 


233 


4,801 


3,835 


143 


3,978 


8,094 


1,126 


9,220 


16,497 


1,502 


17,999 


June 


4,635 


235 


4,870 


3,885 


134 


4,019 


8,008 


1,082 


9,090 


16,528 


1,451 


17,979 


Sept. 


4,761 


254 


5,015 


3,995 


119 


4,114 


7,931 


1,017 


8,948 


16,687 


1,390 


18,077 


Dec. 


4,977 


196 


5,173 


4,017 


112 


4,129 


8,097 


965 


9,062 


17,091 


1,273 


18,365 


1953— Mar. t 


4,800 


241 


5,041 


4,129 


113 


4,242 


8,056 


966 


9,022 


16,985 


1,320 


18,305 


June 


4,949 


265 


5,214 


4,178 


113 


4,291 


7,937 


854 


8,791 


17,064 


1,232 


18,296 



(1) See footnotes to Table III, pages 129-130. t Revised. 



CANADIAN BANK DEPOSITS OF THE GENERAL PUBLIC 



ACTIVE 



INACTIVE 



MILLIONS OF DOLLARS 



MONTH- END 



4500 






4200 










3900 












7V\ 


_^ 


3600 


\^ y 


r< 


, w _^^v -^^ / 


^^^^Sc:^-. 


3300 




-^951 


■* 1950 




n 


1 1 I I 1 II 


1 1 > 



MILLIONS OF DOLLARS 

4500 



4200 




3900 



3600 



3300 



I I I 



D 



AUGUST 1953 132 
IV— INTERNATIONAL SECURITIES TRANSACTIONS" 

Millions of Dollars Compiled from "Sales &f Purchases of Securities between Canada &' Other Countries," Dominion Bureau of Statistics 


Quarterly Totals 


1952 


1953 


II 1 III 1 IV 


I 1 II* 


Net Sales (+) or Purchases (-) By Canadians 


Canadian Securities: 

Outstanding issues 


- 19 
+ 161 

- 41 

+ 2 

- 1 

+102 


-51 
+23 

- 7 

+ 2 
-33 


-25 
+46 
-29 

-8 


+ 10 

+ lllt 

- 25 

+ 1 

- 1 
+ 1 

+ 97t 


- 36 
+ 50 

- 92 

+ 3 

- 1 

- 76 


New issues . . 


Retirements 


Foreign Securities: 

Outstanding issues 

New issues 


L Retirements 


" Total 





Detail of Trade in Outstanding Issues 



Canadian Stscurities: 

Bonds — Govt, of Canada direct & 

guaranteed; United States. . . 

Other countries. 

Other bonds; United States. . . 

Other countries . 

Shares; United States. . . 

Other countries . 

Total Canadian Securities 



Foreign Securities: 
Bonds; 
Shares; 
Bonds & shares; 



United States. . . . 
United States. . . . 
Other countries.. . 



Total Foreign Securities . 



Sales 


Purchases 


Sales 


Purchases 


Sales 


Purchases 


Sales 


Purchases 


Sales 


To 


From 


To 


From 


To 


From 


To 


From 


To 


12 


51 


5 


51 


3 


41 


10 


15 


5 


3 


3 


1 


- 


3 


3 


4 


2 


10 


14 


19 


8 


30 


14 


11 


10 


14 


6 


2 


- 


2 


1 


2 


- 


2 


1 


6 


87 


61 


65 


53 


52 


47 


77 


65 


58 


7 


10 


9 


6 


10 


7 


13 


9 


12 


125 


144 


90 


141 


84 


109 


116 


106 


97 


1 


1 


2 


1 


1 


2 


4 


4 


4 


15 


14 


12 


12 


17 


17 


25 


25 


25 


2 


1 


1 


- 


1 


- 


2 


1 


- 


18 


16 


15 


13 


19 


19 


31 


30 


29 



Purchases 
From 



53 
6 

14 
1 

51 



133 

6 

19 

1 

26 



(1) Includes all portfolio security transactions between Canada and other countries based on delivery dates and transaction values. 



' Preliminary. f Revised. 



CHARTERED BANKS: CURRENT LOANS TO THE PUBLIC IN CANADA 



MILLIONS OF DOLLARS 

3900 



3500 



MILLIONS OF DOLLARS 

3900 



3500 



3100 



2700 



2300 




3100 



2700 



2300 



133 



AUGUST 1953 



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 


1952 


3.59 


3.58 


3.22 


2.69 


Monthly 










1952— 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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 


Feb. 


3.65 


3.62 


3.44 


3.08 


Mar. 


3.65 


3.56 


3.43 


3.11 


Apr. 


3.66 


3.56 


3.43 


3.14 


May 


3.69 


3.62 


3.48 


3.21 


June 


3.72 


3.72 


3.54 


3.28 


July 


3.72 


3.71 


3.57 


3.28 


Aug. 


3.73 


3.72 


3.64 


3.36 



Long Term 




Market Yields 


Average of Business Days 


Canada <«) 


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 


3.54 


4.23 


2.64 


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 


3.59 


4.16 


2.74 


3.60 


4.09 


2.77 


3.60 


3.97 


2.85 


3.62 


3.87 


2.90 


3.64 


3.83 


3.05 


3.70 


3.85 


3.11 


3.72 


3.89 


2.98 


3.73 


3.83 


2.96 



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 


1.076 


2.167 


1.795 


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 


1.349 


2.415 


2.138 


1.349 


2.398 


2.124 


1.473 


2.432 


1.993 


1.503 


2.232 


2.098 


1.528 


2.415 


2.219 


1.530 


2.383 


2.271 


1.699 


2.368 


2.229 


1.759 


2.365 


2.106 


1.795 


2.368 


2.116 



(1) Payable in Canada only. (2) Government of Canada 3% due 1 Sept., 1961H56. (3) United Kingdom 3% due IS Apr., 1959-69. 
(4) U.S. Treasury 2}^% due IS Dec, 1963-68. It was not eligible for commercial banks before Dec. 1, 1952. 



YIELDS OF GOVERNMENT BONDS: CANADA, U.K. AND U.S.A. 



PERCENT 



PERCENT 




1945 1946 

* 3% duel Feb., 1959-62. 



1946 



1949 



1950 



1951 



1952 



1953 



1954 



L 



WW^^HTW 



AUGUST 1953 



Cents per Unit 



VI— FOREIGN EXCHANGE RATES' 

Bank of Canada 





U.S. Dollar in Canada 


£ Sterling in Canada 


Business 
Days 


High 


Low 


Noon Average 

of business 

days 


High 


Low 


Noon Average 

of business 

days 


1946 


110.25 


100.25 


105.75 


444.00 


403.00 


425.54 


1947 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1948 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1949 


110.25 


100.25 


103.08 


403.00 


308.00 


376.13 


1950 


110.25 


103.25 


108.92 


308.00 


289.25 


304.44 


1951 


107.31 


101.19 


105.28 


300.50 


281.38 


294.68 


1952 


101. 13t 


95.88 


97.89 


281.25 


266.75 


273.40 


1952-Aug. 


96.66 


95.88 


96.11 


269.75 


267.13 


268.05 


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 


Dec. 


97.53 


96.63 


97.06 


273.56 


270.69 


272.40 


1953-Jan. 


97.38 


96.75 


97.05 


273.56 


272.38 


273.05 


Feb. 


98.44 


97.00 


97.73 


277.50 


273.44 


275.55 


Mar. 


98.63 


97.75 


98.33 


277.63 


275.31 


276.92 


Apr. 


98.63 


98.00 


98.37 


277.94 


275.69 


277.13 


May 


99.78 


98.66 


99.41 


280.94 


278.06 


279.80 


June 


99.63 


99.16 


99.44 


280.38 


278.88 


279.82 


July 


99.44 


98.94 


99.18 


279.88 


278.56 


279.29 


Aug. 


99.00 


98.69 


98.83 


278.81 


277.50 


278.25 



(1) Prior to October 2, 1950, tliere were official buying and selling rates for the U.S. Dollar and 
Sterling in Canada. The rates used in tlie table prior to this date are the mid-rates between official 
buying and selling rates, or the averages tlicreof. Accordingly the "High" differs from tlic "Low" only 
in the years when the official rates were changed. Effective October 2, 1950, official rates were discon- 
tinued and rates thereafter are noon rates as reported on transactions between banks in the exchange 
market. Commencing witli 1950, averages are based on five-day week quotations, 
t Corrected. 



134 

VII— OFFICIAL HOLDINGS OF 
GOLD AND U.S. DOLLARS"' 

$ mm. U.S. Dept. of Finance 



End 




U.S. 




of 
period 


Gold 


Dollars 


Total 


1946 


536.0 


708.9 


1,244.9 


1947 


286.6 


215.1 


501.7 


1948 


403.1 


596.5 


997.8 


1949 


486.4 


630.7 


1,117.1") 


1950 


580.0 


1,161.5 


1,741.5 


1951 


841.7 


936.9 


1,778.6 


1952 


885.0 


975.2 


1,860.2 


1952-Aug. 


873.9 


974.0 


1,847.9 


Sept. 


883.1 


972.5 


1,855.6 


Oct. 


875.3 


980.7 


1,856.0 


Nov. 


875.5 


966.5 


1,842.0 


Dec. 


885.0 


975.2 


1,860.2 


1953-Jan. 


888.5 


978.3 


1,866.8 


Feb. 


892.9 


944.2 


1,837.1 


Mar. 


905.8 


939.5 


1,845.3 


Apr. 


913.7 


930.0 


1,843.7 


May 


923.0 


838.2 


1,761.2 


June 


934.7 


815.4 


1,750.1 


July 


942.2 


813.5 


1,755.7 


Aug. 


951.0 


813.4 


1,764.4 



(1) Gold and U.S. dollars held by the Exchange Fund 
Account and Bank of Canada and U.S. dollars held by 
other Govt, of Canada Accounts. 

(2) Exclusive of $18.2 mm. set aside out of the proceeds of 
a refunding issue for the purpose of retiring on Feb. 1, 
1950, a security issue guaranteed by the Govt, of 
Canada and payable in U.S. doUcirs. 



UNITED STATES DOLLAR IN CANADIAN FUNDS 

CAMADIAN DOLLARS CANADIAN DOLLARS 



.00 



monthly 



■HIGH 




9920 
9900 

9880 

9860 

OfiilA 


BUSINESS DAYS 


^X^j4^°"V 


-noon 


low -■ 


1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 



9660 



9860 



9840 



.04 



.00 



96 




96 



92 



J r M A 



M J J A S O 
1951 



J r 



N D J F M A M 



A S O N D 



135 

Millions of Dollars 



AUGUST 1953 



AUGUST 1953 



136 



VIII— QUARTERLY ESTIMATES OF CANADIAN BALANCE OF INTERNATIONAL PAYMENTS : 1950 - 1953 

^'Quarterly Estimates of the Balance of Payments between Canada and Other Countries" , Dominion Bureau of Statistics 



Current Receipts'" 

Merchandise exports (adjusted)'" 

Gold production available for export 

Travel expenditures 

Interest and dividends 

Freight and shipping 

Inheritances and immigrants' funds 

All other current receipts 

Total Current Receipts'" 

Current Payments'" 

Merchandise imports (adjusted) '^' 

Travel expenditures 

Interest and dividends 

Freight and shipping 

Inheritances and emigrants' funds 

Official contributions 

All other current payments 

Total Current Payments'^' 

Balance on merchandise trade 

Balance on other transactions (excluding "Official 

contributions") 

Official contributions 

Current Account Balance 

Capital Account'" 
Direct Investment 

Direct investment in Canada 

Direct investment abroad 

Canadian Securities 

Trade in outstanding issues 

New issues 

Retirements 

Foreign Securities 

Trade in outstanding issues 

New issues 

Retirements 

Loans by Government of Canada 

Drawings 

Repayment of post-war loans 

Repayment of war loans 

Change in Canadian dollar holdings of foreigners"). . 
Refunding loan proceeds set aside for retirements'^'. . 
Change in official holdings of gold and foreign exchange 

(minus sign denotes increase)") 

Capital movements, n.o.p.'s) 

Net Capital Movement's) 



663 
41 
23 
13 
63 
11 
49 



863 



630 
36 
94 
48 
13 
1 



+33 



-77 
- 1 



-45 



+35 
+ 5 

+ 8 

+ 17 
-47 

+ 11 
- 1 
+ 2 

-30 

+16 
+67 
+18 

-85 
+29 



+45 



(1) Mutual Aid to NATO countries is not included in eitlier current receipts 
or current payments. 

(2) As used in tlie balance of payments, merchandise trade is adjusted to 
exclude such non-commercial items as settlers' effects and items like 
tourist purchases which are covered elsewhere in the accounts. Since 
1951. furthermore, payments for defence purchases by governments have 
been substituted for tlie actual physical movements of the commodities 
as reported in Customs trade statistics. In the first half of 1953 and the 
similar period of 1952 the effect of these various adjustments on exports 
was quite small, while imports were decreased in both periods by amounts 
which were not widely different. 



788 
42 
51 
25 
74 
14 
65 



1,059 



795 
58 

120 

80 

15 

3 

93 



1,164 



95 
3 



-105 



+ 53 

+ 17 

+ 11 
+101 

- 97 

+ 12 

+ 1 

- 20 
+ 5 
+ 9 
+ 66 



- 72 
+ 19 



+105 



III 



796 
39 

152 
16 
69 
18 
52 



1,142 



796 
79 
77 
91 
15 



1,152 



+ 16 

+295 
+ 88 
-120 

+ 37 

+ 4 



+ 3 
+ 10 
+ 131 



+153 



+ 10 



IV 



892 
41 
49 
37 
78 
14 
65 



1,176 



53 

184 

82 

18 

1 

104 



1,350 



- 16 



-157 
- 1 



-174 



+ 45 

- 2 

+ 15 

+ 4 

- 20 

+ 10 

- 1 
+ 1 



+ 15 
+ 16 
- 31 



+131 



+174 



1951 



815 
37 
23 
16 
68 
14 
65 



1,038 



946 
54 

100 

59 

15 

1 



1,274 



-131 



-104 
- 1 



-236 



+ 46 

- 3 

+ 63 
+ 26 

- 25 

+ 1 

+ 1 



+ 5 
- 20 



+ 110 
+ 32 



+236 



952 
43 
51 
25 
81 
19 
57 



1,228 



1,193 
74 



17 

5 

102 



1,580 



-241 



-106 
- 5 



-352 



+ 75 

- 4 

+ 1 
+ 155 

- 37 

+ 5 

- 1 



+ 7 
+ 14 
- 13 



- 45 
+ 195 



+352 



III 



1,044 
35 
157 
19 
96 
22 
65 



1,438 



1,082 

96 

91 

102 

19 

113 



1,503 



- 38 

- 27 

- 65 



+ 53 

- 4 

+ 11 

+ 76 

- 67 

+ 5 

- 1 

+ 1 



+ 8 
- 77 



+ 65 



IV 



1,139 
35 
43 
55 
106 
22 



1,462 



876 
56 

163 

100 
19 
3 

109 

1,326 



+263 

-124 
- 3 

+ 136 



+ 135 



- 37 

+154 

- 55 

+ 4 

- 1 
+ 1 



+ 27 
+ 7 
- 82 



-185 
- 95 



-136 



(3) Exclusive of undistributed profits. 

(4) A minus sign indicates an outflow of capital from Canada. 

(5) Excludes changes in holdings of International Monetary Fund and 
International Banlc for Reconstruction and Development. 

(6) Both tills item and the related retirement converted at exchange rate in 
effect at time of refunding, viz. Sl.OO U.S. = Sl.OO Cdn. 

(7) At September 30, 1950 there were abnormally large amounts of exchange 
in transit to the Exchange Fund Account which were not included in 
official holdings of gold and U.S. dollars at that date but are included 
here for the purpose of this table. Excluded are changes in accounts 





1952* 






1953'* 


Annual Totals 




Four 




















Quarters 




















ending 


I 


II 


III 


IV 


I 


II 


1950 


1951 


1952* 


June 30, 
1953 


1,009 


1,123 


1,049 


1,155 


916 


1,114 


3,139 


3,950 


4,336 


4,234 


41 


35 


37 


37 


48 


37. 


163 


150 


150 


159 


24 


53 


156 


43 


26 


54 


275 


274 


276 


279 


17 


31 


22 


76 


27 


33 


91 • 


115 


146 


158 


81 


93 


89 


97 


■ 71 


93 


284 


351 


360 


350 


17 


25 


22 


17 


15 


31 


57 


77 


81 


85 


66 


76 


75 


96 


71 


77 


231 


249 


313 


319 


1,255 


1,436 


1,450 


1,521 


1,174 


1,439 


4,240 


5,166 


5,662 


5,584 


889 


984 


936 ■ 


1,037 


1,001 


1,162 


3,129 


4,097 


3,846 


4,136 


62 


96 


108 


70 


67 


94 


226 


280 


336 


339 


82 


88 


95 


148 


83 


98 


475 


450 


413 


424 


61 


94 


101 


102 


65 


102 


301 


354 


358 


370 


21 


24 


24 


25 


23 


25 


61 


70 


94 


97 


11 


— 


— 


6 


9 


12 


5 


9 


16 


26 


100 


110 


117 


121 


110 


127 


377 


423 


448 


475 


1,226 


1,396 


1,381 


1,508 


1,358 


1,620 


4,574 


5,683 


5,511 


5,867 


+ 120 


+139 


+113 


+118 


- 85 


- 48 


+ 10 


-147 


+490 


+ 98 


- 80 


- 99 


- 44 


-100 


- 90 


-121 


-339 


-361 


-323 


-355 


- 11 


— 


— 


- 5 


- 9 


- 12 


- 5 


- 9 


- 16 


- 26 


+ 29 


+ 40 


+ 69 


+ 13 


-184 


-181 


-334 


-517 


+151 


-283 


+ 68 


+ 75 


+103 


+ 86 


+ 90 


+ 75 


+222 


+309 


+332 


+354 


- 6 


- 15 


- 15 


- 28 


(10) 


(10) 


+ 36 


- 20 


- 64 


(10) 





- 19 


- 51 


- 25 


+ 10 


- 36 


+329 


+ 38 


- 95 


-102 


+ 89 


+161 


+ 23 


+ 46 


+ 111 


+ 50 


+210 


+411 . 


+319 


+230 


- 12 


- 41 


- 7 


- 29 


- 25 


- 92 


-284 


-184 


- 89 


-163 


+ 6 


+ 2 


+ 2 





+ 1 


+ 3 


+ 70 


+ 15 


+ 10 


+ 6 


- 19 


- 1 





— 


- 1 


- 1 


- 2 


- 3 


- 20 


- 2 




- 


— 


— 


+ 1 


— 


+ 8 


+ 3 


— 


+ 1 








_ 








- 50 


_ 


— 


— 





+ 9 





+ 24 


+ 2 


+ 11 


+ 23 


+ 34 


+ 33 


+ 37 


+ 2 


+ 6 


+ 8 


+ 7 


+ 4 


+ 7 


+ 51 


+ 34 


+ 23 


+ 26 


- 5 


+ 3 


+ 2 


- 66 


+ 46 


+ 22 


+233 


-192 


- 66 


+ 4 


— 






— 


— 


— 


+ 18 


— 


— 




+ 24 


- 32 


- 25 


- 4 


+ 16 


+ 91 


-722 


- 56 


- 37 


+ 78 


-176 


-188 


-109 


- 24 


- 71 


+ 51 


+ 192 


+ 128 


-497 


-196 


- 29 


- 40 


- 69 


- 13 


+184 


+181 


+334 


+517 


-151 


+283 



established by special arrangement with the U.K. under which sterling 
was acquired for codfish sold in European markets and was available for 
the repurchase of certain funded obligations. 
(8) This item includes mainly short-term capital movements in the form of 
changes in international open account commercial indebtedness, private 
and chartered bank holdings of exchange, and loans between private 
unrelated parties. It also includes the balancing item representing 
unrecorded capital movements and errors and omissions. Includes 
changes in holdings of International Monetary Fund and International 
Bank for Reconstruction and Development. 



(9) For the period of fixed exchange rates ending September 30. 1950, the 
net capital movement is often shown exclusive of changes in official 
holdings of gold and foreign exchange as this item played the residual role 
at that time in the settlement of ail Canada's international transactions; 
for example in the third quarter of 1950 the current balance of - 10 and 
net capital inflow of -1-706 equals the change in official holdings of gold 
and foreign exchange of 696. 
(10) Included with "Capital movements, n.o.p." 

* Preliminary. 

** Subject to revision. 



137 



AUGUST 1953 



Millions of Dollars 



IX— ESTIMATES OF LABOUR INCOME " 

"Estimates of Labour Income" , Dominion Bureau of Statistics 











Utilities, 












Agriculture, 
Forestry, 
Fishing, 


Manu- 
facturing 


Con- 
struction 


Trans- 
portation, 
Communi- 


Finance, 
Services 


Total 
Salaries 


Supple- 
mentary 
Labour 


Total 
Labour 




Trapping, 
Mining 


CJ) 


cation, 

Storage, 

Trade 


(incl. Govt.) 


and Wages 


Income 

(3) 


Income 


Average of Months 

1939 


23 


62 


8 


58 


59 


210 


5 


215 


1941 


29 


106 


16 


73 


66 


290 


8 


298 


1943 


32 


168 


21 


86 


78 


385 


14 


399 


1945 


35 


156 


19 


100 


90 


400 


13 


413 


1946 


41 


147 


25 


114 


103 


430 


14 


444 


1947 


42 


177 


34 


134 


114 


501 


17 


518 


1948 


49 


204 


41 


154 


130 


578 


19 


597 


1949 


49 


214 


47 


169 


147 


626 


21 


647 


1950 


55 


231 


47 


180 


156 


669 


24 


693 


1951 


70 


270 


52 


208 


178 


778 


28 


806 


1952 


76 


299 


62 


230 


197 


864 


31 


895 


Monthly 
1949— Jan. 


50 


209 


40 


160 


135 


594 


20 


614 


Feb. 


48 


211 


36 


160 


138 


■593 


21 


614 


Mar. 


43 


212 


36 


161 


142 


594 


21 


615 


Apr. 


41 


212 


41 


164 


143 


599 


21 


620 


May 


47 


208 


46 


166 


146 


612 


21 


633 


, une 


51 


214 


49 


170 


152 


637 


21 


658 


. uly 


51 


212 


50 


172 


150 


636 


22 


658 


Aug. 


54 


216 


53 


172 


150 


646 


22 


668 


Sept. 


51 


219 


54 


174 


151 


648 


22 


670 


Oct. 


51 


218 


54 


175 


151 


650 


22 


671 


Nov. 


51 


217 


55 


177 


154 


654 


22 


676 


Dec. 


49 


219 


46 


175 


153 


642 


22 


664 


1950— Jan. 


47 


212 


36 


167 


148 


611 


22 


633 


Feb. 


48 


216 


35 


168 


148 


615 


21 


636 


Mar. 


46 


218 


38 


170 


152 


624 


22 


646 


Apr. 


45 


219 


38 


172 


153 


628 


22 


650 


May 


50 


222 


47 


177 


156 


651 


22 


673 


June 


56 


229 


51 


181 


160 


676 


23 


699 


July 


58 


231 


52 


183 


160 


683 


24 


707 


Aug. 


59 


233 


54 


173 


157 


677 


24 


701 


Sept. 


61 


242 


55 


188 


159 


705 


25 


730 


Oct. 


64 


245 


56 


190 


160 


715 


25 


740 


Nov. 


66 


248 


54 


194 


161 


723 


26 


749 


Dec. 


63 


251 


50 


193 


162 


720 


26 


746 


1951— Jan. 


63 


249 


42 


189 


164 


707 


27 


734 


Feb. 


63 


252 


41 


190 


162 


708 


25 


733 


Mar. 


60 


257 


39 


193 


175 


724 


26 


750 


Apr. 


60 


263 


45 


199 


171 


738 


27 


765 


May 


66 


266 


52 


205 


177 


766 


28 


794 


June 


72 


273 


55 


211 


179 


790 


28 


818 


July 


71 


273 


55 


212 


179 


790 


30 


820 


Aug. 


72 


277 


60 


214 


180 


803 


29 


832 


Sept. 


76 


282 


61 


217 


182 


818 


29 


847 


Oct. 


81 


280 


60 


219 


188 


828 


30 


858 


Nov. 


83 


280 


60 


223 


191 


837 


30 


867 


Dec. 


81 


286 


52 


222 


188 


829 


29 


858 


1952— Jan. 


79 


279 


49 


215 


188 


810 


29 


839 


Feb. 


80 


284 


47 


216 


193 


820 


29 


849 


Mar. 


74 


290 


48 


218 


193 


823 


29 


852 


Apr. 


63 


291 


53 


222 


193 


822 


30 


852 


May 


69 


292 


60 


227 


197 


845 


30 


875 


June 


71 


292 


61 


231 


200 


855 


30 


885 


July 


71 


294 


70 


234 


201 


870 


31 


901 


Aug. 


78 


304 


75 


234 


197 


888 


31 


919 


Sept. 


80 


312 


74 


236 


198 


900 


31 


931 


Oct. 


82 


314 


77 


239 


202 


914 


32 


946 


Nov. 


83 


318 


75 


242 


202 


920 


32 


952 


Dec. 


76 


322 


62 


245 


205 


910 


32 


942 


1953— Jan. 


71 


317 


58 


247^^' 


203 


896 


32 


928 


Feb. 


69 


322 


56 


235 


207 


889 


31 


920 


Mar. 


61 


325 


57 


236 


213 


892 


32 


924 


Apr. 


61 


326 


63 


253'^) 


213 


916 


33 


949 


May 


69 


328 


72 


249 


219 


937 


32 


969 



(1) Gross earnings before deductions made for income tax, etc. Include bonuses, 
commissions as well as allowances for food, clothing and living accommo- 
dation where provided by employer. Include Newfoundland commencing 
1949. The years 1950, 1951 and 1952 have been adjusted to be in agree- 
ment with the revised publication "National Accounts, Income and 



Expenditure, 1949-1952". 
(21 Contract construction only commencing 1950. 

(3) Employers' contribution to unemployment insurance, workmen's compen- 
sation, pensions and welfare. 

(4) Include retroactive wage payment to railway employees. 



AUGUST 1953 



138 



X— EMPLOYMENT AND LABOUR INCOME 





Civilian Labour Force(I) 


(5) 

Armed 
Forces 


Employment IndexesWX?) 


M anufacturingTO (8) 








With Jobs 
(Incl. Agriculture) 


Without 
Jobs 


Of which 


Manu- 




Con- 


Average 


Average 
Hourly 


Monthly 
Labour 

Income 




Total 


At Work 

35 or More 

Hours 


At Work(2) 
Less than 
35 Hours 


and 

Seeking 
Work (3) 


in 
Agriculture 




facturing 


Mining 


struction 


Weekly 
Hours 


Earnings 

(9) 


(9) (10) 








Thousands 


of Persons 






Index 1939 = 100 


Number 


Cents 


Millions $ 


Annual Average 


























1948 


4,954 


4,279 


573 


102 


1,088 


36 


176.0 


103.4 


153.8 


42.2 


91.3 


597 


1949 


5,036 


4,329 


576 


131 


1,074 


43 


175.9 


106.4 


161.2 


42.3 


98.6 


647 


1950(« 


5,157 


4,369 


621 


167 


1,018 


51 


177.5 


112.2 


165.0 


42.3 


103.6 


693 


1951 


5,231 


4,467 


656 


108 


943 


77 


190.0 


117.7 


177.6 


41.8 


116.8 


806 


1952 


5,304 


4,562 


613 


129 


888 


97 


192.4 


124.3 


192.8 


41.5 


129.2 


895 


Monthly 

1952-June 


* 


* 


* 


* 


* 


* 


190.9 


124.6 


192.3 


41.3 


129.7 


885 


July 


* 


* 


* 


* 


* 


* 


191.4 


125.8 


209.4 


41.3 


128.6 


901 


Aug. 16 


5,419 


4,606 


727 


86 


1,007 


98 


194.1 


127.3 


236.6 


41.1 


128.9 


919 


Sept. 


* 


* 


* 


* 


♦ 


* 


198.5 


127.2 


224.7 


41.6 


129.5 


931 


Oct. 


* 


* 


* 


* 


♦ 


* 


200.8 


126.4 


223.4 


42.1 


129.9 


946 


Nov. 22 


5,290 


4,680 


496 


114 


795 


100 


199.8 


125.9 


213.4 


42.1 


131.0 


952 


Dec. 13 


5,276 


4,558 


586 


132 


782 


100 


199.6 


124.6 


202.5 


42.5 


132.1 


942 


1953-Jan. 24 


5,200 


4,523 


490 


187 


770 


103 


196.3 


122.6 


174.8 


38.3 


134.0 


928 


Feb. 21 


5,194 


4,518 


497 


179 


768 


104 


197.6 


122.5 


159.8 


41.9 


134.2 


920 


Mar. 21 


5,192 


4,534 


486 


172 


799 


104 


199.5 


121.7 


153.6 


42.1 


134.4 


924 


Apr. 18 


5,241 


4,645 


431 


165 


833 


105 


200.lt 


120.6 


156.8 


42.1 


134.9 


949 


May 16 


5,321 


4,720 


487 


114 


887 


105 


200. 8t 


120.6t 


175. 5t 


41.8t 


135. 5t 


969 


June 20 


5,387 


4,888 


409 


90 


900 


105 


202.4** 


121.6** 


190.8** 


41.7** 


135.9** 




July 18 


5,515 


4,807 


618 


90 


993 


105 















Sources: Dominion Bureau of Statistics, Dept. of National Defence. 

(1) Estimates based on a sample of about 30.000 households and therefore 
subject to sampling error which is relatively larger the smaller the estimate. 
Figures for 1953 are not strictly comparable with earlier data because of 
small downward revisions in the population estimates based on 1951 census 
details. Annual figures are averages of 4 surveys. Nfld. is excluded prior to 
1950; 1950 averages for it were: "With Jobs" 93. "Without Jobs" 14. 
Figures after months are dates of ends of survey weeks. 

(2) Includes persons who, though having jobs, neither worked nor sought work. 

(3) Includes persons who, though having jobs, did not work but sought work 
and those who would have sought worked but were temporarily ill, on 
indefinite or prolonged lay-off, or believed no work was available. 



Includes an estimate of labour force figures for June 1950 for Manitoba 
which was not covered because of floods. 
Annual figures are averages for labour force survey dates. 
As reported by employers usually having 15 or more employees. Dated 
first of month and covering last pay period in previous month. 
Include salaried and part-time workers; exclude Newfoundland. 
Include hourly-rated wage earners only; include Nfld. commencing in 1950. 
Gross earnmgs before deductions for taxes, unemployment insurance, etc. 
(10) Includes bonuses and commissions, food, clothing, shelter and contributions 
to insurance, pensions, etc. provided by employer. Includes Newfoundland 
commencing in 1949. 
Not available. ** Preliminary. t Revised. 



f4) 

(5) 
(6) 

(7) 
(8) 
(9) 



LABOUR INCOME' 

MILLIONS OF DOLLARS 

1100 



SOURCES OF PERSONAL INCOME"' 

PERCENT 



1000 



900 



800 



700 



TOTAL LABOUR 

INCOME IN 

CURRENT DOLLARS 




TOTAL LABOUR 

INCOME IN 

JAN. 1951 DOLLARS'" 



mJ 




TRANSFER PAYMENTS 



INVESTMENT INCOME:^ 

y//////////^///^////y. 




UriN" r-J -R--i^p BUSirjESS ^ 



aRiviEO stPviCES 



LABOUR IhJCOVE 



100 



80 



60 



40 



20 



1951 



1952 



1953 



1946 



48 



49 



50 



52 



(1) For footnotes see table page 137. 

(2) Current dollars divided by D.B.S. Consumer Price Index on base January 1951 = 100. 

(3) Personal income includes: (a) transfer payments from govt, to persons; (b) investment income consisting of interest, dividends and 
net rental income of persons (plus all govt, debt interest and charitable donations); (c) unincorporated business income plus net bad 
debt losses of corporations; (d) farm income consisting of net income of agriculture (excluding undistriljuted earnings and inventory 
valuation adjustment of the Canadian Co-op. Wheat Producers and the Canadian Wheat Board) ; (e) military pay and allowances; (f) wages, 
salaries and supplementary labour income. 



139 



AUGUST 1953 



XI— PRICE INDEXES 

"Prices and Price Indexes" , Dominion Bureau of Statistics 
WHOLESALE PRICES CONSUMER PRICES"' 

Index 1935-39 = 100 Index 1949 = 100 





Total 
Index 

(Mid- 
Month) 


Raw and 
Partly 
Manu- 


Fully & 
Chiefly 
Manu- 


FARM products"* 


Total 
Index 

(1st of 
Month) 


Food 


Shelter 


Clothing 


Household 
Operation 


Other 
Com- 
modities 
& Services 




Fieldt 


■ 


Totalt 










100 


32 


15 


11 


17 


25 


Average of Months 


























1926 


130.3 


129.1 


133.0 


158.5 


130.2 


144.4 


75.9 


* 


* 


* 


* 


* 


1929 


124.6 


126.1 


123.7 


137.2 


144.4 


140.8 


75.8 


* 


* 


* 


* 


* 


1933 


87.4 


79.3 


93.3 


69.3 


69.2 


69.3 


58.8 


* 


* 


* 


* 


* 


1937 


107.7 


113.7 


104.4 


128.9 


106.0 


117.4 


63.0 


* 


* 


* 


* 


* 


1946 


138.9 


140.1 


138.0 


177.9 


181.2 


179.5 


77.5 


* 


% 


* 


* 


* 


1949 


198.3 


197.1 


199.2 


191.9 


265.4 


228.7 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


1950 


211.2 


212.8 


211.0 


191.9 


281.4 


236.7 


102.9 


102.6 


106.2 


99.7 


102.4 


103.1 


1951 


240.2 


237.9 


242.4 


200.4 


336.9 


268.6 


113.7 


117.0 


114.4 


109.8 


113.1 


111.5 


1952 


226.0 


218.7 


230.7 


216.9 


277.5 


247.2 


116.5 


116.8 


120.2 


111.8 


116.2 


116.0 


Monthly 


























1952— July 


225.4 


218.2 


229.8 


230.2t 


276.8 


253.5t 


116.1 


116.0 


120.6 


111.7 


115.9 


115.6 


Aug. 


223.7 


216.2 


228.5 


208.1 


277.2 


242.7 


116.0 


115.7 


120.6 


111.6 


115.8 


115.8 


Sept. 


221.9 


212.4 


227.6 


194.8 


269.1 


231.9 


116.1 


115.8 


121.2 


110.9 


116.0 


115.8 


Oct. 


220.2 


209.7 


227.4 


192.7 


263.0 


227.8 


116.0 


115.1 


121.5 


109.9 


116.2 


116.4 


Nov. 


221.5 


210.5 


228.2 


192.1 


266.5 


229.3 


116.1 


115.7 


121.4 


109.8 


115.9 


116.6 


Dec. 


221.1 


210.0 


227.8 


189.4 


268.3 


228.8 


115.8 


114.1 


122.2 


109.7 


116.1 


116.6 


1953— Jan. 


221.5 


209.4 


229.0 


186.4 


266.4 


226.4 


115.7 


113.5 


122.3 


109.7 


116.5 


116.7 


Feb. 


220.9 


207.9 


228.8 


182.1 


263.1 


222.6 


115.5 


112.7 


122.5 


109.6 


116.6 


116.7 


Mar. 


221.9 


209.8 


229.2 


177.3 


264.3 


220.8 


114.8 


111.6 


122.5 


109.7 


116.7 


115.2 


Apr. 


219.6 


205.7 


227.9 


173.0 


256.0 


214.5 


114.6 


110.9 


122.7 


109.7 


116.9 


115.0 


May 


220.1 


206.3 


228.3 


170.6 


263.2 


216.9 


114.4 


110.1 


122.9 


110.1 


116.6 


115.1 


June 


221.7 


207.2 


230.4 


169.9 


268.8 


219.3 


114.9 


111.4 


123.6 


110.1 


116.6 


115.1 


July 


221.2 


207.2 


229.6 


173.1 


265.3 


219.2 


115.4 


112.7 


123.9 


110.3 


117.0 


115.2 


Aug. 














115.7 


112.8 


124.1 


110.4 


117.2 


115.8 



(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) 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. The Consumer Price Index prior to 1949 is the 
Cost-of-Living Index inclusive of all tobacco taxes linJced to the Consumer 
Price Index 1949 = 100. 
Not available. 



1935-39 = 100 



XII— VOLUME OF INDUSTRIAL PRODUCTION " 

INDEXES NOT SEASONALLY ADJUSTED 

"Canadian Statistical Review" , Dominion Bureau of Statistics 





Total 


Mining 


Manufacturing 


Electricity 




Total 


Non- 


Durables 


Manufactured 










Durables 




Gas 


Weighting 


100.0 


16.8 


75.6 


46.1 


29.5 


7.6 


Annual Average 














1935 


85.6 


79.5 


86.5 


89.0 


82.7 


90.4 


1937 


108.0 


103.8 


109.3 


106.7 


113.2 


105.1 


1939 


109.7 


118.0 


108.1 


108.2 


107.9 


107.5 


1945 


187.2 


100.9 


209.8 


176.3 


262.1 


152.1 


1946 


171.9 


97.1 


189.9 


180.2 


205.1 


157.8 


1947 


187.8 


106.2 


207.7 


191.2 


233.5 


169.3 


1948 


196.3 


122.2 


215.5 


197.1 


244.4 


168.6 


1949 


199.6 


131.7 


217.0 


198.2 


246.3 


176.1 


1950 


211.5 


145.4 


228.1 


208.3 


259.1 


190.9 


1951 


226.5 


161.8 


242.1 


214.0 


285.9 


214.2 


1952 


232.9 


174.7 


246.3 


215.2 


294.8 


228.8 


Monthly 














1952— June 


238.3 


186.0 


251.3 


219.6 


300.9 


224.3 


July 


228.3 


184.6 


239.8 


213.4 


281.2 


210.2 


Aug. 


234.2 


183.0 


247.6 


221.8 


287.9 


214.2 


Sept. 


244.1 


197.5 


256.5 


224.9 


306.0 


223.1 


Oct. 


248.1 


198.7 


260.4 


228.1 


310.8 


235.1 


Nov. 


248.1 


184.5 


263.5 


232.4 


312.2 


235.3 


Dec. 


235.7 


173.3 


248.9 


213.4 


304.5 


241.4 


1953— Jan. 


232.1 


164.6 


245.6 


203.4 


311.6 


246.7 


Feb. 


241.8 


162.6 


258.1 


214.1 


327.0 


254.4 


Mar. 


246.8 


160.2 


265.5 


221.8 


333.9 


251.0 


Apr. 


254.3* 


175.5 


270.6* 


227.8* 


337.6* 


266.3 


May 


257.8* 


180.4t 


271.7* 


230.2* 


336.5* 


250.0t 


June 


257.0* 


188.5* 


274.1* 


233.0* 


338.5* 


237.1* 



(1) Refer to D.B.S. Reference Paper No. 34 "Revised Index of Industrial Production, 1935-1951," for background material. 



* Preliminary. 



t Revised. 



AUGUST 1953 



140 



XIII— 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 



Total 



mm. acres 













TOTAL 


CANADA''' 














1943 


284 J 


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 


1951 


551.7 


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 


1952t 


687.9 


26.0 


466.8 


11.1 


291.4 


8.5 


24.6 


1.3 


13.0 


1.2 


84.2 


2.0 


21.2 


71.3 


1953** 


603.8 


25.5 


402.3 


9.8 


283.2 


8.9 


29.7 


1.5 


11.2 


1.0 


* 


1.9 


22.8 


71.5 



MANITOBA 



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 


1951 


52.0 


2.3 


58.0 


1.6 


56.0 


2.0 


.8 


.1 


5.0 


.7 


1.4 


.1 


2.5 


9.3 


1952t 


57.0 


2.4 


65.0 


1.6 


71.0 


2.2 


.9 


.1 


5.7 


.6 


2.0 


.1 


2.7 


9.5 


1953** 


50.0 


2.2 


52.0 


1.4 


67.0 


2.4 


2.2 


.1 


5.0 


.5 


* 


.1 


2.8 


9.5 



SASKATCHEWAN 



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 


,/ 


- 


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 


,/ 


- 


12.5 


34.9 


1951 


325.0 


15.6 


148.0 


3.8 


73.0 


2.4 


9.8 


.7 


2.3 


.3 


1.1 


- 


12.9 


35.8 


1952t 


435.0 


16.4 


152.0 


3.4 


92.0 


2.6 


14.2 


.7 


4.3 


.4 


.8 


- 


12.4 


36.0 


1953** 


365.0 


16.1 


109.0 


2.7 


84.0 


2.7 


15.0 


.8 


3.7 


.3 


* 


— 


13.5 


36.3 



ALBERTA 



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 


1951 


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 


1952t 


172.0 


6.4 


129.0 


2.6 


118.0 


3.3 


7.8 


.4 


2.0 


.2 


3.0 


.1 


6.1 


19.1 


1953** 


159.0 


6.3 


112.0 


2.4 


121.0 


3.5 


10.5 


.5 


1.9 


.1 


* 


.1 


6.4 


19.2 



OTHER PROVINCES (" 



1943 


16.7 


.8 


90.0 


3.6 


11.6 


.5 


1.3 


.1 


.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 


1951 


23.7 


.9 


148.2 


3.4 


11.2 


.3 


1.7 






1.0 


.1 


81.8 


1.8 


* 


6.7 


1952t 


23.9 


.8 


120.8 


3.5 


10.4 


.3 


1.6 






1.0 


.1 


78.5 


1.9 


* 


6.6 


1953** 


29.8 


.9 


129.3 


3.3 


11.2 


.3 


2.0 






1.0 


— 


* 


1.8 


* 


6.4 



(1) Buckwheat, mixed grains and shelled corn. (2) Prairie Provinces. (3) Excludes Newfoundland. * Not available, t Revised. ** Estimate; D. B.S.Aug. 14. 



141 



AUGUST 1953 



XIV— CANADIAN WHEAT : STATISTICAL POSITION 

M'U' f B J. hfl Compiled from "Handbook of Agricultural Statistics, Part I" and "The Wheat Review, D.B.S. 







Supplies 


Beginning of Period 




Apparent 


Available 
for 


Exports ^^^ 




Crop Year 












End of 
Period 


Beginning 


Wheat 


Canadian 
Wheat in 


Total 




Total 


Domestic 
Dis- 


Export 
and 


of Wheat 
and 


August 1 


in 
Canada 


U.S. 
Positions 


Carry- 
over 


Crop 


Supplies 


appearance 


Carry- 
over 


Flour 


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 


100 


380 


166 


214 


1935/36 


202 


12 


214 


282 


496 


114 


381 


254 


127 


1936/37 


108 


19 


127 


219 


347 


100 


247 


210 


37 


1937/38 


33 


4 


37 


180 


217 


96m 


121 


96 


25 


1938/39 


24 


1 


25 


360 


385 


123 


263 


160 


103 


1939/40 


95 


8 


103 


521 


624 


131 


493 


193 


300 


1940/41 


273 


28 


300 


540 


841 


129 


711 


231 


480 


1941/42 


448 


32 


480 


315 


795 


145 


650 


226 


424 


1942/43 


405 


19 


424 


557 


980 


171 


810 


215 


595 


1943/44 


579 


15 


595 


285 


880 


179 


700 


344 


357 


1944/45 


338 


18 


357 


417 


774 


173 


601 


343 


258 


1945/46 


239 


20 


258 


319 


577 


160 


417 


343 


74 


1946/47 


74 


- 


74 


414 


487 


162 


326 


239 


86 


1947/48 


86 


- 


86 


342 


429 


156 


273 


195 


78 


1948/49 


78 


- 


78 


386 


464 


130 


335 


232 


102 


1949/50 


102 


- 


102 


371 


474 


136 


337 


225 


112 


1950/51 


112 


- 


112 


462 


574 


144 


430 


241 


189 


1951/52 


187 


2 


189 


553 


742 


169\ 


573t 


356t 


217t 


1952/53 


215t 


2 


217t 


688t 


905t 


157 


749 


386(3) 


363 (" 


1953/54 


363(" 


~ 


363(" 


604(^' 


967'^) 











(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., Aug. 14. 
t Revised. 



XV— U.S. ECONOMIC STATISTICS 









U.S. Department of Commerce 






U.S. 


Dept. of Labor 


Federal Reserve 








Govt. 


Personal 












Average 








Gross 


Change in 


Expend- 


Savings 


Con- 




Retail 


Consumer 


Wholesale 


Hourly 


Total 


Output of 




National 


Business 


iture on 


as a 


struction 


Unem- 


Sales 


Price 


Prices: 


Earnings 


Industrial 


Consumer 




Product 


Inventories 


National 

Security 

(1) 


Percentage 

of 

Disposable 

Income 


(3) 


ployment 


(4) 


Index 


All Com- 
modities 


in Manu- 
facturing 
(5) 


Production 

(4) 


Durables 
(4) 




Bill! 


ons of Dolla 


rs<2) 


Billions of $ 


Millions 


Billions of $ 


1947-4 


9 = 100 


Dollars 


1935-39 = 100 


1947-49 = 100 


Annual Averages^) 


























1929 


103.8 


1.6 


* 


4.5 


10.8 


1.6 


48.5 


73.3 


61.9 


.57 


110 


* 


1933 


55.8 


-1.6 


« 


-2.7 


2.9 


12.8 


24.5 


55.3 


42.8 


.44 


69 


* 


1937 


90.2 


2.3 


* 


5.5 


7.0 


7.7 


42.2 


61.4 


56.1 


.62 


113 


* 


1946 


211.1 


6.1 


21.2 


7.6 


12.0 


2.3 


102.5 


83.4 


78.7 


1.09 


170 


* 


1950 


286.8 


7.5 


18.5 


5.5 


28.8 


3.1 


143.7 


102.8 


103.1 


1.47 


200 


153 


1951 


329.8 


10.9 


37.4 


7.5 


30.9 


1.9 


158.2 


111.0 


114.8 


1.59 


220 


122 


1952 


348.0 


3.7 


48.9 


7.2 


32.3 


1.7 


164.1 


113.5 


111.6 


1.67 


219 


108 


Monthly 
1952— Apr. 










2.5 


1.6 


13.4 


112.9 


111.8 


1.66 


216 


103 


May 










2.7 


1.6 


13.9 


113.0 


111.6 


1.66 


211 


105 


June 


345.1 


.7 


49.8 


6.3 


2.9 


1.8 


14.0 


113.4 


111.2 


1.66 


204 


108 


July 










3.0 


1.9 


13.7 


114.1 


111.8 


1.65 


193 


71 


Aug. 










3.1 


1.6 


13.4 


114.3 


112.2 


1.67 


215 


84 


Sept. 


345.3 


4.2 


49.2 


8.2 


3.1 


1.4 


13.6 


114.1 


111.8 


1.70 


228 


121 


Oct. 










3.0 


1.3 


14.2 


114.2 


111.1 


1.71 


230 


125 


Nov. 










2.8 


1.4 


14.0 


114.3 


110.7 


1.72 


234 


134 


Dec. 


361.1 


8.5 


50.5 


7.7 


2.5 


1.4 


14.4 


114.1 


109.6 


1.73 


235 


134 


1953— Jan. 










2.4t 


1.9 


14.1 


113.9 


109.9 


1.74 


236 


141 


Feb. 










2.3 


1.8 


14.5 


113.4 


109.6 


1.74 


240 


148 


Mar. 


362.0 


2.9 


51.6 


7.2 


2.5- 


1.7 


14.4 


113.6 


110.0 


1.75 


243 


148 


Apr. 










2.7- 


1.6 


14.3t 


113.7 


109.4 


1.75 


241 


148 


May 










2.9 


1.3 


14.4 


114.0 


109.8 


1.76 


240 


144 


June 


372.4** 


8.8** 


53.6** 


6.9** 


3.2t 


1.6 


14.5 


114.5 


109. 5t 


1.76t 


240t 


143t 


July** 










3.3 


1.5 


14.4 


114.7 


110.9 


1.77 


233 


144 



(1) Includes stockpiling, atomic energy, and Mutual Defence Assistance in 
addition to strictly military programmes. 

(2) Seasonally adjusted annual rates. 

(3) Value of new worlc put in place. 

(4) Seasonally adjusted. 



(5) Production workers. 

(6) Quarterly averages for first four columns, 
of "Construction" and "Retail Sales". 

* Not available. 
** Preliminary. 
t Revised. 



Calendar year totals in the case 



AUGUST 1953 



142 



Millions of Dollars 



XVI— EXTERNAL TRADE AND TRADE INDEXES 

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



(1) 



TOTAL EXPORTS (EXCLUDING GOLD) TO<" 


New Gold 


EXPORT INDEXES (5) 
laAB ^^ inn 


















Production 




" 










Other 


Western 


Central 




Total 


Available 










U.S.A. 


U.K. 


Sterling 


Europe & 


AND 


All 


All 


for 


Total 












Area 


Colonies 


South 


Other 


Countries 


Export 


Value 


Price 


Volume 








(3) 


(4) 


America 














Calendar Years 
























1926 


471 


318 


85 


283 


44 


76 


1,277 


30 


41.0 


70.2 


58.4 


1929 


581 


226 


93 


142 


44 


92 


1,178 


37 


37.5 


64.4 


58.2 


1933 


196 


188 


39 


72 


10 


30 


535 


82 


17.2 


39.9 


43.1 


1937 


394 


386 


97 


94 


25 


49 


1,045 


145 


32.4 


53.4 


60.7 


1947 


1,057 


754 


359 


327 


135 


180 


2,812 


99 


90.2 


91.6 


98.5 


1948 


1,522 


689 


290 


317 


127 


165 


3,110 


119 


100.0 


100.0 


100.0 


1949 


1,524 


709 


305 


254 


132 


99 


3,023 


139 


97.3 


103.3 


94.2 


1950 


2,051 


473 


200 


199 


154 


80 


3,157 


163 


101.4 


108.3 


93.6 


1951 


2,334 


636 


266 


364 


217 


146 


3,963 


150 


127.3 


123.0 


103.5 


1952 


2,349 


751 


291 


468 


281 


216 


4,356 


150 


139.9 


121.8 


114.9 


12 Mths. end'g 
























July 1953 


2,449 


674 


256 


450 


228 


220 


4,277 


154 








Monthly 
























1952-June 


194.5 


85.0 


20.9 


46.4 


20.8 


13.1 


380.7 


14.6 


147.0 


121.7 


120.8 


July 


190.6 


70.2 


26.2 


44.8 


22.0 


21.3 


375.1 


14.9 


144.5 


121.2 


119.2 


Aug. 


181.0 


73.0 


22.7 


45.7 


14.5 


14.8 


351.7 


9.6 


135.2 


120.7 


112.0 


Sept. 


196.6 


44.1 


18.9 


47.7 


18.9 


16.1 


342.3 


12.8 


131.5 


120.1 


109.5 


Oct. 


210.9 


51.4 


17.0 


52.1 


27.0 


20.9 


379.3 


10.1 


145.9 


120.5 


121.1 


Nov. 


213.3 


61.5 


24.7 


42.7 


22.7 


26.9 


391.8 


13.6 


151.1 


120.4 


125.5 


Dec. 


224.5 


47.7 


19.6 


45.2 


23.3 


33.6 


393.9 


13.5 


152.0 


119.1 


127.6 


1953-Jan. 


191.7 


49.5 


17.7 


22.4 


18.8 


20.8 


321.3 


16.0 


123.8 


119.8 


103.3 


Feb. 


176.8 


36.4 


23.1 


19.5 


13.6 


10.2 


279.6 


16.1 


107.5 


119.3 


90.1 


Mar. 


206.4 


38.8 


18.4 


17.9 


17.7 


13.8 


313.0 


15.6 


120.1 


119.4 


100.6 


Apr. 


192.3 


45.3 


18.0 


21.8 


17.0 


10.4 


304.8 


11.7 


117.5 


119.5 


98.3 


May 


224.2 


68.5 


24.0 


38.5 


15.5 


14.3 


385.0 


12.0 


148.4 


118.6 


125.1 


June 


218.2 


77.3 


27.7t 


52.0 


21.4 


19.4 


416.0t 


13.7 


160.6 


119.2 


134.7 


July 


212.7 


81.3 


24.7 


43.8 


17.0 


18.8 


398.3 


9.0 











TOTAL IMPORTS (EXCLUDING GOLD) FROM 






Excess of 


IMPORT INDEXES(S) 


















Merchandise 




ig4S => 100 










Other 


Western 


Central 




Total 


Exports 
over 


















U.S.A. 


U.K. 


Sterling 


Europe & 


AND 


All 


All 


Merchandise 


Total 




Physical 








Area 


Colonies 


South 


Other 


Countries 


Imports 


Value 


Price 


Volume 








(3) 


(4) 


America 














Calendar Years 
























1926 


669 


165 


47 


71 


33 


23 


1,008 


269 


38.1 


68.9 


55.3 


1929 


894 


195 


59 


90 


33 


28 


1,299 


- 121 


49.1 


63.0 


77.9 


1933 


217 


98 


34 


32 


10 


10 


401 


134 


15.1 


43.7 


34.6 


1937 


491 


147 


87 


43 


21 


20 


809 


236 


30.6 


50.8 


60.2 


1947 


1,975 


189 


158 


64 


159 


29 


2,574 


238 


97.6 


88.0 


110.9 


1948 


1,806 


300 


194 


77 


223 


37 


2,637 


473 


100.0 


100.0 


100.0 


1949 


1,952 


307 


187 


83 


193 


39 


2,761 


261 


104.7 


102.6 


102.0 


1950 


2,131 


404 


242 


114 


215 


68 


3,174 


- 17 


120.4 


110.3 


109.2 


1951 


2,813 


421 


309 


181 


275 


86 


4,085 


- 122 


154.8 


126.2 


122.7 


1952 


2,977 


360 


186 


157 


285 


66 


4,031 


326 


152.3 


110.3 


138.1 


12 Mths. end'g 
























May 1953 


3,127 


407 


170 


161 


285 


65 


4,215 


4 








Monthly 
























1952-May 


282.9 


33.2 


20.2 


15.3 


27.3 


7.1 


386.0 


1.0 


174.7 


110.7 


157.8 


June 


235.3 


31.6 


16.8 


12.5 


23.2 


4.9 


324.3 


56.5 


147.0 


109.6 


134.1 


July 


246.6 


34.1 


16.8 


11.8 


27.7 


6.2 


343.2 


32.0 


155.9 


107.9 


144.5 


Aug. 


212.8 


32.4 


14.3 


12.4 


24.3 


6.7 


302.9 


48.9 


137.5 


106.6 


129.0 


Sept. 


255.1 


31.5 


19.5 


14.2 


21.9 


6.9 


349.1 


- 6.8 


158.3 


106.7 


148.4 


Oct. 


275.2 


37.1 


16.8 


15.5 


26.7 


5.1 


376.4 


3.0 


170.8 


107.8 


158.4 


Nov. 


264.2 


35.3 


15.9 


17.3 


24.6 


6.1 


363.4 


28.3 


164.4 


108.2 


151.9 


Dec. 


265.2 


28.0 


10.1 


13.0 


22.6 


6.2 


345.1 


48.8 


155.8 


108.5 


143.6 


1953-Jan. 


249.2 


30.6 


9.4 


10.3 


21.2 


7.0 


327.8 


- 6.6 


147.5 


108.4 


136.1 


Feb. 


241.0 


27.2 


8.9 


8.9 


20.9 


3.1 


310.0 


-30.4 


140.5 


108.1 


130.0 


Mar. 


272.8 


37.6 


11.0 


11.9 


22.1 


4.7 


360.1 


-47.1 


163.4 


109.0 


149.9 


Apr. 


297.3 


37.9 


12.6 


17.3 


22.8 


3.9 


391.8 


-87.0 


177.9 


109.lt 


163.lt 


May 


312. 3t 


43. 5t 


17.6 


15.4 


27.7 


4.1 


420.6t 


-35.6t 


190.5 


108.9 


174.9 


June* 


304.7 


42.7 










409.3 


6.7t 









(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. Prior to 1947 wheat exports 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, 1951 and 1952 amounted to 
56.8, 109.1, and 98.6 million dollars respectively. 

(3) Consists of U.K. Dependencies, Union of South Africa, Eire, India, 



Pakistan. Burma, Australia, New Zealand, Iceland, Jordan, Libya, 
Ceylon and Iraq. 

(4) Excludes Spain, but includes Greece and Turkey. 

(5) Excludes exports of foreign produce. Price indexes are based largely on 
unit values derived from the Customs' entries. Price indexes prior to 
1948 are converted from 1935-39 = 100. 

* Preliminary, 
t Revised. 



143 



AUGUST 1953 



AUGUST 1953 



144 



XVII- 



-MERCHANDISE IMPORTS: COMMODITY CLASSIFICATION 

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



Millions of Dollars 






















^E.xciua 


mg uuiu.; 






















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 
OUs 

edibt) 


Rubber 
(incl. syn- 
thetic) 


Furs 


and 
Leather 
(unmfd. 
and mfd.) 


Vegetable 

and 

Animal 

Products 




Silk 

(raw and 

mfd.) 






Artificial 

sut 


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 Yeara 
1926 


34 


6 


17 


38 


19 


28 


11 


30 


13 


18 


49 


24 


33 


30 


10 


39 


6 


16 


28 


11 


13 


22 


Calendar Years 
1926 


1929 


39 


11 


26 


28 


18 


47 


12 


23 


15 


20 


64 


28 


34 


29 


10 


40 


13 


15 


30 


15 


18 


30 


1929 


1933 


18 


4 


5 . 


16 


10 


14 


6 


5 


4 


7 


19 


12 


13 


7 


7 


11 


3 


7 


10 


5 


8 


5 


1933 


1937 


29 


6 


18 


21 


14 


8 


16 


19 


8 


12 


27 


21 


20 


8 


16 


19 


4 


11 


16 


8 


14 


12 


1937 


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 


1952 


121 


46 


38 


71 


72 


21 


20 


52 


24 


21 


90 


68 


82 


7 


29 


53 


40 


24 


58 


30 


57 


48 


1952 


12-Mths. ending 














































12-Mths. ending 


May 1953 


123 


39 


37 


66 


75 


20 


22 


51 


27 


24 


82 


64 


94 


7 


40 


63 


49 


22 


54 


33 


62 


51 


May 1953 


Monthly 
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 


2.6 


4.0 


3.8 


Monthly 
Feb.— 1952 


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 


une 


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 


'My 


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 


4.2 


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. 


Oct. 


10.1 


2.0 


4.1 


10.8 


6.2 


2.0 


1.1 


4.2 


2.3 


2.1 


6.7 


6.1 


8.3 


.7 


2.2 


5.1 


4.5 


2.5 


4.7 


3.1 


5.8 


4.9 


Oct. 


Nov. 


10.7 


2.5 


5.9 


8.8 


7.0 


1.9 


2.3 


3.5 


1.4 


2.0 


7.3 


7.3 


7.8 


.6 


2.0 


5.2 


5.3 


3.3 


4.8 


2.7 


5.3 


4.5 


Nov. 


Dec. 


11.3 


3.1 


5.7 


3.4 


6.1 


2.6 


1.5 


4.3 


2.4 


1.9 


6.3 


8.1 


7.9 


.6 


2.4 


4.8 


4.1 


1.3 


3.7 


2.9 


5.1 


4.3 


Dec. 


1953— Jan. 


7.0 


2.9 


1.9 


1.1 


6.0 


1.6 


2.2 


4.1 


4.7 


2.1 


5.7 


7.2 


9.1 


.7 


4.0 


6.1 


4.5 


1.8 


4.7 


2.6 


5.0 


3.8 


Jan.-1953 


Feb. 


7.4 


2.7 


1.6 


2.5 


5.7 


1.1 


1.8 


4.2 


2.8 


2.2 


6.9 


7.3 


9.4 


.6 


3.3 


5.5 


4.5 


1.4 


4.3 


2.6 


4.9 


4.2 


Feb. 


Mar. 


8.2 


3.7 


2.2 


3.2 


8.3 


1.4 


2.8 


4.3 


1.8 


2.6 


6.8 


5.8 


9.9 


.6 


3.9 


6.2 


4.9 


1.3 


4.7 


3.2 


5.7 


4.7 


Mar. 


Apr. 


10.2 


4.7 


1.8 


4.4 


7.3 


1.5 


2.0 


4.4 


2.1 


2.3 


8.0 


5.2 


9.1 


.5 


5.2 


6.2 


4.7 


1.8 


5.1 


3.5 


6.3 


4.6 


Apr. 


May 


12.0 


5.2 


2.8 


5.8 


7.4 


1.5 


2.2 


4.8 


1.4 


2.1 


9.0 


5.0 


7.9 


.5 


5.8 


6.0 


4.0 


2.2 


4.3 


3.4 


6.6 


4.6 


May 





Chemicals 




Pigs, Ingots 


Bars and 


Sheets. 


Structural 


Castings 
and 


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 


and 


Electrical 


Non-ferrous 


and 


and 


Glass 


Non- 


Other 


Total 






Allied 
Products 


Ore 


and 
BiUets 


RaUs 


Hoop, Band 
and Strip 


Steel 


Forgings 


motives 
and Boilers 


and 
Machinery 


agri- 
cultural) 


and 
Parts 


and 
Steel 


Ore 


Products 


Apparatus 


Metals 


Products 


Products 




metalUc 
Minerals 


Imports 


Imports 




Calendar Years 










































- 




Calendar Years 


1926 


31 


3 


2 


10 


30 


8 


5 


14 


18 


39 


52 


40 


_ 


3 


17 


31 


67 


52 


9 


25 


59 


1,008 


1926 


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 


1933 


24 


- 


- 


1 


13 


1 


1 


5 


2 


12 


12 


12 


2 


1 


5 


10 


31 


31 


4 


12 


26 


401 


1933 


1937 


37 


5 


1 


5 


37 


4 


3 


11 


17 


46 


49 


33 


4 


3 


16 


25 


42 


59 


9 


27 


48 


809 


1937 


1947 


113 


13 


2 


12 


48 


18 


9 


44 


105 


206 


178 


127 


9 


7 


69 


77 


154 


207 


29 


63 


163 


2,574 


1947 


1948 


118 


16 


6 


12 


54 


18 


10 


50 


140 


217 


132 


128 


10 


8 


62 


76 


206 


301 


26 


73 


116 


2,637 


1948 


1949(« 


131 


12 


6 


13 


67 


18 


13 


59 


177 


216 


167 


143 


10 


8 


70 


87 


157 


274 


25 


79 


158 


2,761 


1949") 


1950 


158 


17 


5 


11 


66 


16 


10 


55 


162 


226 


250 


163 


10 


- 10 


83 


113 


190 


307 


28 


86 


172 


3,174 


1950 


1951 


192 


23 


16 


26 


108 


39 


14 


88 


195 


329 


271 


224 


15 


20 


120 


136 


190 


353 


32 


109 


297 


4,085 


1951 


1952 


188 


27 


17 


23 


84 


36 


13 


136 


197 


361 


258 


255 


13 


11 


140 


134 


168 


341 


27 


105 


429 


4,031 


1952 


12-Mth8. ending 














































12-Mths. ending 


May 1953 


203 


26 


13 


18 


73 


25 


13 


122 


209 


381 


305 


284 


14 


10 


169 


134 


157 


348 


32 


107 


469 


4,215 


May 1953 


Monthly 














































Monthly 


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 


21.8 


282.0 


Feb.— 1962 


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 


31.5 


327.0 


Mar. 


^F^- 


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 


324.0 


^?'- ■ 


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 


39.0 


386.0 


May 


June 


14.1 


2.5 


.5 


1.8 


5.4 


2.3 


.9 


11.3 


20.5 


32.1 


24!5 


19.0 


1.7 


1.0 


9.3 


11.4 


13.3 


25.7 


2.0 


8.8 


38.0 


324.3 


June 


July 


14.7 


.6 


.5 


.8 


2.9 


1.1 


1.1 


8.9 


21.0 


31.5 


23.7 


20.5 


1.4 


.6 


11.3 


11.7 


15.5 


35.5 


2.0 


9.6 


39.7 


343.2 


July 


Aug. 


13.8 


2.1 


.8 


1.3 


3.7 


1.8 


1.0 


11.8 


14.4 


26.1 


14^7 


20.0 


2.0 


1.2 


10.2 


9.2 


13.6 


28.4 


1.9 


10.1 


38.1 


302.9 


Aug. 


Sept. 


15.8 


5.8 


1.0 


1.7 


7.0 


2.5 


1.1 


11.4 


11.2 


28.8 


22.9 


23.1 


1.6 


.6 


13.5 


10.3 


17.4 


34.3 


2.2 


10.8 


36.8 


349.1 


Sept. 


Oct. 


18.0 


6.2 


1.4 


1.8 


7.4 


3.0 


1.2 


9.3 


10.5 


32.7 


22.8 


26.6 


1.3 


.5 


14.7 


13.6 


18.3 


30.5 


2.8 


10.8 


43.2 


376.4 


Oct. 


Nov. 


17.7 


4.2 


3.0 


1.8 


6.4 


2.5 


1.3 


8.9 


11.2 


31.0 


17 6 


24.6 


1.1 


1.2 


13.8 


14.2 


15.8 


31.4 


2.9 


9.3 


41.5 


363.4 


Nov. 


Dec. 


16.6 


1.5 


2,2 


1.4 


6.6 


1.8 


1.1 


8.7 


14.2 


30.6 


20.4 


24.4 


1.1 


.6 


14.1 


12.4 


10.6 


32.5 


2.7 


7.7 


40.3 


345.1 


Dec. 


1953— Jan. 


17.3 


.2 


.7 


1.7 


6,0 


1.8 


.8 


10.3 


16.1 


30.7 


24.3 


22.1 


.5 


.6 


16.1 


9.1 


8.9 


27.8 


2.4 


6.3 


35.3 


327.8 


Jan.— 1953 


Feb. 


16.1 


.2 


.5 


1.2 


6,0 


1.8 


1.0 


9.1 


17.7 . 


29.0 


24^7 


20.5 


.2 


.3 


14.1 


7.9 


10.0 


23.8 


2.6 


7.1 


29.5 


310.0 


Feb. 


Mar. 


18.4 


- 


.9 


1.3 


6.4 


1.8 


.9 


10.5 


22.2 


35.9 


32^6 


24.9 


.4 


1.0 


15.9 


11.2 


8.7 


25.3 


3.3 


7.8 


34.6 


360.1 


Mar. 


Apr. 


20.0 


.1 


1.0 


1.4 


7.3 


2.2 


1.1 


11.0 


24.3 


36.8 


37.3 


27.7 


.3 


1.9 


17.3 


11.0 


9.8 


24.4 


3.4 


8.4 


44,2 


391.8 


Apr. 


May 


20.4 


3.0 


.4 


1.4 


7.4 


2.4 


1.1 


10.7 


25.5 


35.7 


39!5 


30.3 


2.3 


.5 


18.5 


12.2 


14.6 


28.5 


3.3 


10.2 


48.3 


420.6 


May 


(1) Before 1935 import 


totals are sut 


jstantially ov 


er-valued ow 


Lng to inclusi 


)n of U.K. ex 


else taxes on 


spirits impor 


ed from that 


country. 


(2) Includes 


imports from 


NewfoundL 


ind until Ma 


rch 31 and in 


ports into Newfoundland 


from other countries thereafter. 











TATISTICAL SUMMARY 



BANK OF CANADA 



MAisIlOBA 



Tables 



Charts 



OCT 23 19 



r;' 



ftAiiiifia^U < li»*»iWI« 



I Bank of Canada : 

Liabilities and Assets ? . LlBfeARV 

II Chartered Banks: .^iw^-at 

Liabilities and Assets 

III General Public Holdings of Certain Liquid Assets . 

IV Government Bond Yields and Treasury Bill Rates . 

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

VI Consumer Credit Outstanding . 

Consumer Credit Outstanding 

VII Foreign Exchange Rates 

United States Dollar in Canadian Funds 

VIII Official Holdings of Gold and U.S. Dollars .... 

IX Price Indexes 

Steer Prices: Canada and U.S. A 

X Selected Quarterly Agricultural Statistics: 1950-1953 . 

XI Employment and Labour Income 

Average Hourly Earnings in Certain Industries . 

XII Average Hourly Earnings in Certain Industries 

XI I I Volume of Industrial Production 

Indexes of Industrial Production 

XIV Newsprint: North America 

XV New Passenger Automobile Statistics 

Passenger Automobile Statistics 

XVI U.S.A. Economic Statistics 

Value of Imports from U.S. A 

XVII External Trade and Trade Indexes 

XVIII Merchandise Exports: Commodity Classification By Value 



Pages 



i 



146 



145 - 146 

147 - 148 

149 

149 

150 
150 

151 
151 

151 

152 
152 

153 - 154 

155 
155 

156 

156 

157 
157 

158 
158 

159 
159 

160 

161 - 162 



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 1953 



145 

Millions of Dollars 



SEPTEMBER 1953 SEPTEMBER 1953 

i 

I— BANK OF CANADA 



As at Dec. 31 
1935 
1937 
1939 

1946 

1947 
1948 
1949 
1950 
1951 
1952 
End of 
1952— June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1953— Jan. 
Feb. 

Mar. 
Apr. 
May 
June 
July 
Aug. 



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 
272.5 

219.6 
235.3 
197.4 
238.1 
194.6 
204.9 
272.5 

213.4 
191.5 
232.3 
232.7 
210.4 
239.0 
214.2 
247.7 



Deposits 

at 
B. of C. 



181.6 
196.0 
217.0 

565.5 
536.2 
547.3 
541.7 
678.6 
619.0 
626.6 

578.0 
595.5 
614.7 
588.2 
668.8 
607.3 
626.6 

603.1 
668.0 
601.1 
646.7 
594.9 
647.6 
646.6 
617.8 



Total 



222.2 
249.9 
287.6 

742.3 
720.1 
738.1 
753.5 
809.9 
892.1 
899.1 

797.6 
830.7 
812.1 
826.3 
863.4 
812.2 
899.1 

816.5 
859.5 
833.4 
879.3 
805.4 
886.7 
860.8 
865.5 



Govt, of 
Canada 
Deposits 



17.9 
11.1 
46.3 

60.5 
68.8 
98.1 
30.7 
24.7 
94.9 
16.2 

26.8 
51.6 
52.0 
30.7 
18.8 
15.0 
16.2 

40.5 
88.6 
60.6 
48.3 
45.6 
47.9 
43.8 
66.4 



Other 
Deposits 



3.5 

17.9 

93.8 
67.5 
81.0 
126.9 
207.1 
66.1 
44.5 

48.5 
41.6 
47.4 
49.4 
56.0 
65.1 
44.5 

47.6 
51.4 
66.5 
76.8 
72.1 
82.6 
68.7 
35.2 



Foreign 
Currency 
Deposits^'' 



1.0 
2.0 
.4 
79.6 
133.6 
155.6 
82.9 

48.4 
70.0 
82.1 
78.8 
48.4 
73.5 
82.9 

70.2 
77.4 
71.0 
73.4 
64.8 
72.0 
80.9 
73.3 



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 
1,288.7 

1,222.2 
1,223.0 
1,267.0 
1,238.4 
1,291.0 
1,293.9 
1,288.7 

1,266.2 
1,281.3 
1,261.1 
1,272.1 
1,307.5 
1,290.0 
1,333.0 
1,302.0 



All 

Other 

Accounts 



7.7 
14.4 
13.3 

41.7 
40.4 
42.7 
39.5 
39.0 
44.4 
50.0 

45.6 
41.3 
40.0 
55.1 
51.4 
51.8 
50.0 

60.0 
31.8 
34.1 
37.2 
50.1 
44.9 
65.4 
53.1 



Total 
Liabilities 



Assets 



146 

Millions of Dollars 



ASSETS 



Gold 



307.7 
390.3 
527.2 

1,948.6 
1,926.2 
2,058.6 
2,125.9 
2,350.3 
2,444.1 
2,381.4 

2,189.0 
2,258.2 
2,300.7 
2,278.9 
2,329.0 
2,311.4 
2,381.4 

2,300.9 
2,390.1 
2,326.7 
2,387.2 
2,345.4 
2,424.2 
2,452.6 
2,395.4 



180.5 

179.8 

225.7 

• 



Silver 



1.6 
3.0 



Foreign'" 
Exchange 



4.2 
14.9 
64.3 

1.0 
2.0 
.5 
74.2 
111.7 
117.9 
77.2 

43.9 
63.1 
75.0 
73.6 
42.9 
67.6 
77.2 

64.4 
72.1 
65.7 
68.1 
59.4' 
66.5 
75.0 
67.5 



Securities 



30.9 
82.3 
181.9 

1,197.4 
1,022.0 
1,233.7 
1,781.4 
1,229.3 
1,141.8 
1,459.8 

1,251.3 
1,280.0 
1,303.2 
1,263.7 
1,286.7 
1,214.3 
1,459.8 

1,351.2 
1,411.9 
1,371.0 
1,436.6 
1,364.8 
1,405.5 
1,451.6 
1,414.0 



Over 2 yrs. 



83.4 
91.6 
49.9 

708.2 
858.5 
779.1 
227.8 
712.5 
1,049.3 
767.2 

817.8 
843.9 
852.9 
870.9 
896.1 
957.3 
767.2 

803.0 
817.5 
810.9 
796.0 
821.4 
852.0 
838.5 
830.9 



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 



5.5 

247.9 

89.0 

13.0 

11.1 
11.1 
11.0 
11.0 
35.8 
12.4 
13.0 

13.4 
14.2 
14.5 
15.0 
15.5 
15.5 
15.7 
15.8 



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 
2,265.0 

2,105.3 
2,160.1 
2,192.2 
2,170.6 
2,243.6 
2,208.9 
2,265.0 

2,192.6 
2,268.6 
2,221.3 
2,272.7 
2,226.7 
2,298.1 
2,330.8 
2,285.8 



Advances 



3.5 



All 
■ Other 
Accounts 



3.5 
6.5 
5.5 

27.1 
18.7 
20.4 
12.0 
24.0 
21.0 
39.2 

39.9 
35.1 
33.5 
34.6 
42.5 
34.8 
39.2 

43.8 
49.5 
39.8 
46.4 
59.3 
59.5 
46.7 
42.1 



As at Dec. 31 
1935 
1937 
1939 

1946 
1947 . 
1948 
1949 
1960 
1961 
1962 
End of 
June— 1952 

July 

Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.— 1953 

Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 



CD Includes foreign exchange items for foreign clients and also the Government of Canada and, commencing March 31. 1949, the Exchange Fund Account. * Since 



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



II- 



Millions of Dollars 



-CHARTERED BANKS 

Bank of Canada 



Asat Dec. 31 
1926 
1929 
1933 
1937 

1947 
1949 
1950 
1951 
1952 
End of 
1952— Aug. 

Sept. 

Oct. 

Nov. 

Dec. 



1953- 



-Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 



LIABILITIES 



Notes 



175 
175 
132 
102 

18 
14 



Deposits 



Demand 



729 
502 



2,296 
2,426 
2,770 
2,963 
3,242 

2,895 
3,026 
3,068 
3,106 
3,242 

2,974 
2,949 
2,936 
3,115 
3,040 
3,143 
3,049 
3,139 



Notice 



Govt, of 

Canada 

and Prov. 



1,373 

1,434 
1,357 
1,683 

3,740 
4,333 
4,668 
4,612 
4,924 

4,870 
4,901 
4,901 
4,916 
4,924 

4,945 
5,008 
5,067 
5,107 
6,100 
6,126 
6,162 
5,206 



Canadian 
Deposits 



31 
92 
61 
53 

376 
367 
500 
322 
255 

311 
264 
351 
269 
265 

270 
362 
456 
419 
346 
366 
295 
306 



2,026 
2,270 
1,933 
2,387 

6,473 
7,348 
7,997 
8,088 
8,623 

8,241 
8,396 
8,529 
8,601 
8,623 

8,367 
8,471 
8,618 
8,827 
8,681 
8,852 
8,694 
8,816 



Foreign 



Total 
Deposits 



334 
442 
322 
409 

824 
730 
735 
796 



847 
864 
835 
865 
865 

845 
876 
886 
915 
908 
904 



2,410 
2,820 
2,294 
2,819 

7,406 
8,177 
8,867 
9,003 
9,570 

9,160 
9,333 
9,445 
9,435 
9,570 

9,275 
9,437 
9,586 
9,815 
9,656 
9,822 
9,640 
9,755 



Cash 

in (J) 
Canada 



228 
228 
196 
250 

720 
763 
810 
892 



812 
826 



812 



817 
860 
833 
879 
805 
887 
861 
866 



Securities 



Govt, of 
Canada 



Prov- 
incial 



304 

297 

651 

1,111 



3,112 
3,079 
2,754 
2,784 

3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 
2,915 
2,854 
2,787 
2,813 



3,116 



445 
416 
355 
379 

326 
368 
380 
392 
379 

330 
322 

308 
309 
320 
310 
297 
299 



Foreign 
Govt. 



Other 



ASSETS 



Total 



180 
151 
210 



59 

271 
242 
193 
200 
255 

244 
262 
233 
230 
255 

266 
250 
236 
248 
262 
254 
257 
243 



242 



484 

448 

861 

1,411 



487 


3,874 


545 


4,345 


599 


4,286 


567 


3,876 


537 


3,955 


545 


4,139 


545 


4,202 


543 


4,147 


545 


4,006 


537 


3,953 


522 


3,981 


529 


4,042 


514 


4,082 


540 


4,135 


637 


4,024 


537 


3,956 


532 


3,872 


531 


3,886 



Loans 



151 

262 

106 

76 

106 
133 
134 
107 
155 

147 
135 
130 
121 
155 

135 
141 
140 
152 
138 
123 
125 
135 



970 

1.403 

898 

749 

1,921 
2,174 
2,661 
2,901 
3,188 

2,927 
2,979 
3,096 
3,243 
3,188 

3,178 
3,181 
3,262 
3,372 
3,402 
3,469 
3,543 
3,621 



85 
122 
138 
113 

78 
97 
125 
127 
101 

121 
114 
116 
108 
101 

115 
120 
132 
136 
124 
107 
106 
111 



273 

245 

90 

60 

56 
70 
100 
131 
170 

135 
110 
145 
166 
170 

158 

186 
147 
178 
168 
179 
177 
195 



270 
251 
138 
166 

234 
211 

247 
278 
264 

255 
265 
263 
273 
264 

266 
266 
274 
270 
273 
270 
264 
261 



Total 

Assets 



2,940 
3,521 
2,816 
3,281 

7,974 
8,718 
9,496 
9,610 
10,157 

9,728 
9,907 
10,042 
10,038 
10,157 

9,872 
10,034 
10,182 
10,416 
10,242 
10,398 
10,210 
10,318 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (J) 
Canada 


Deposits 

w 


Canadian 
Deposits 


Note (S) 
Circulation 












Aver, of Daily Figures 


192 


1,958 


9.8 


195 


1926 


191 


2,293 


8.3 


205 


1929 


189 


1,941 


9.8 - 


157 


1933 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


746 


7,178 


10.4 


1,087 


1949 


755 


7,487 


10.1 


■ 1,085 


1960 


791 


7,759 


10.2 


1,132 


1951 


846 


8,110 


10.4 


1,207 


1952 


848 


8,200 


10.3 


1,222 


Aug.— 1952 


855 


8,183 


10.5 


1,231 


Sept. 


868 


8,393 


10.3 


1,246 


Oct. 


848 


8,443 


10.0 


1,255 


Nov. 


840 


8,314 


10.1 


1,282 


Dec. 


906 


8,426 


10.8 


1,230 


Jan.— 1953 


889 


8,296 


10.7 


1,232 


Feb. 


883 


8,407 


10.5 


1,245 


Mar. • 


869 


8,618 


10.1 


1,257 


Apr. 


880 


8,699 


10.1 


1,269 


May 


865 


8,529 


10.1 


1,268 


June 


875 


8,685 


10.1 


1,286 


July 


874 


8,669 


10.1 


1,296 


Aug. 



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

f^.''^'^ISX^^yZl'i^{iASS^^i^^\^:^rifr aS^S i:'i^ii'S^.J^,^^t^'o?h'^^^ZiLl r^^rZS^'^" ^^^ """' ^^-"^ ''=° ='>-'"^'' 'b"anri?te^"cLuTSn,^t\"e'?a'tPe?'tfnrSter°lfp° ember 1944, an approximate figure only. (6, Notes issued for circu.at.on outsrde Canada only commencg ,n 



147 



Millions of Dollars 



SEPTEIWBER 1953 

III— GENERAL PUBLIC HOLDINGS 

CURRENCY, Bank Deposits and 

Bank of 



1. CANADIAN DOLLAR CURRENCY AND BANK DEPOSITS HE 



Currency and Active Bank deposits 



Currency 
Outside Banks 



Notes 



1,110 
1,136 
1,191 
1,289 

1,267 
1,238 
1,291 
1,294 
1,289 

1,266 
1,281 
1,261 
1,272 
1,307 
1,290 
1,333 
1,302 



Coin 



74 
78 
84 



85 
88 
89 



87 



92 
92 



Total 



1,184 
1,214 
1,275 
1,377 

1,353 
1,323 
1,379 
1,383 
1,377 

1,353 
1,369 
1,349 
1,361 
1,398 
1,378 
1,425 
1,394 



Active Bank Deposits'' 



Chartered Banks 



Public 
Demand 



2,426 
2,770 
2,963 
3,242 

2,895 
3,026 
3,068 
3,106 
3,242 

2,974 
2,949 
2,936 
3,115 
3,040 
3,143 
3,049 
3,139 



Active 
Notice 



682 
697 

717 
796 

779 
787 
788 
790 
796 

805 
816 
824 
831 
832 
835 
839 
851 



Other 

excl. 
Govt, of 
Canada 



338 
413 

449 
453 

336 
407 
441 
403 
453 

371 
363 
450 
415 
403 
497 
383 
323 



Total 



3,446 
3,880 
4,129 
4,491 

4,010 
4,220 
4,297 
4,299 
4,491 

4,150 
4,128 
4,210 
4,361 
4,275 
4,475 
4,271 
4,313 



Less: 
Float 



335 

450 
627 
740 

523 
577 
589 
618 
740 

540 
547 
585 
571 
609 
722 
610 
585 



Net 
Total 



3,111 
3,430 
3,502 
3,751 

3,487 
3,643 
3,708 
3,681 
3,751 

3,610 
3,581 
3,625 
3,790 
3,666 
3,753 
3,661 
3,728 



Bank of 
Canada 
"Other" 
Deposits 



127 
207 



47 
49 
56 
65 
45 

48 
51 
67 
77 
72 



35 



Total 



Total 

Currency 

and 

Active 

Bank 

Deposits 



3,238 
3,637 
3,568 
3,796 

3,634 
3,692 
3,764 
3,746 
3,796 

3,658 
3,632 
3,692 
3,867 
3,738 
3,836 
3,730 
3,763 



SEPTEMBER 1953 

OF CERTAIN LIQUID ASSETS* 
Government of Canada Securities 
Canada 



148 



Millions of Dollars 



LD BY THE GENERAL PUBLIC, AND RELATED BANK ASSETS 



Inactlve<»> 

Chartered 

Bank 

Notice 

Deposits 



4,422 
4,851 
4,843 
S,173 

4,887 
5,015 
5,143 
5,129 
5,173 

5,011 
5,001 
5,041 
5,228 
5,136 
5,214 
5,155 
5,157 



3,751 
3,861 
3,894 
4,129 

4,091 
4,114 
4,113 
4,125 
4,129 

4,139 
4,192 
4,242 
4,276 
4,268 
4,291 
4,313 
4,355 



Total 

Currency 

and 

Bank 

Deposits 

Total 

Related 

Bank 

Assets 



8,173 
8,712 
8,737 
9,302 

8,978 
9,129 
9,255 
9,254 
9,302 

9,150 
9,193 
9,283 
9,504 
9,404 
9,505 
9,468 
9,512 



Related Bank Assets 



Government of Canada debt 

held by Bank of Canada 

and Chartered Banks 



Total 



5,121 
5,021 
4,945 
5,011 

5,180 
5,163 
5,174 
5,011 
5,011 

5,017 
5,169 
5,205 
6,271 
5,101 
5,112 
6,077 
5,058 



Less: Govt. 
Deposits 



181 

280 

160 

19 

193 
92 

138 
92 
19 

108 
239 
225 
238 
184 
134 
154 
213 



Net 
Total 



4,940 
4,741 
4,785 
4,992 

4,987 
5,071 
5,036 
4,919 
4,992 

4,909 
4,930 
4,980 
5,033 
4,917 
4,978 
4,923 
4,845 



Other Related Bank Assets'" 



Chartered Bank Can. Loans 
and non-Govt. Securities 



Canadian 
Loans 

(6) 



2,404 
2,910 
3,136 
3,444 

3,195 
3,228 
3,343 
3,471 
3,444 

3,428 
3,442 
3,534 
3,660 
3,664 
3,699 
3,773 
3,867 



Non-Govt. 
Securities 



990 

1,015 

922 

916 

870 
913 
923 
937 
916 

852 
851 
822 
849 
857 



829 



Total 



Bk. of Can. 

Gold and 

Exchange 

holdings 

(net) 



3,394 
3,926 
4,067 
4,360 

4,066 
4,140 
4,266 
4,408 
4,360 

4,280 
4,293 
4,356 
4,509 
4,521 
4,547 
4,601 
4,696 



226 

49 

2 



Less: 

All 

Other 

(net) 



161 

180 
154 
52 

75 
84 
72 
74 
52 

40 
32 
55 
40 
36 
22 
58 
31 



Total 



3,233 
3,971 
3,952 
4,310 

3,991 
4,058 
4,219 
4,335 
4,310 

4,242 
4,263 
4,303 
4,471 
4,487 
4,527 
4,545 
4,667 



33 at Dec. 31 

1949 

1950 

1961 

1952 
End of 
Aug.-1952 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.-1963 
Feb. 

Mar. 
Apr. 
May 
June 
July 
Aug. 



2. GOVERNMENT OF CANADA SECURITIES 



Outstanding <•) 



Direct Funded Debt 



Unmatured 



Special 
Banking 
Issues") 



1,200 
1,500 
1,400 
1,400 

1,500 
1,500 
1,500 
1,400 
1,400 

1,376 
1,500 
1,550 
1,600 
1,400 
1,400 
1,400 
1,400 



Other 
market 
Issues 



12,755 
12,586 
12,225 
12,020 

12,172 
12,172 
12,172 
12,021 
12,020 

12,080 
12,080 
12,055 
12,055 
12,055 
12,055 
12,065 
12,075 



Non- 
market 
Debt"") 



1,227 
1,218 
1,194 
1,260 

1,029 
1,011 
1,032 
1,273 
1,250 

1,237 
1,226 
1,206 
1,190 
1,163 
1,143 
1,126 
1,109 



Total 



16,182 
16,304 
14,819 
14,670 

14,701 
14,683 
14,704 
14,694 
14,670 

14,692 
14,805 
14,811 
14,845 
14,618 
14,598 
14,591 
14,584 



Matured 

and 

out- 
standing 



53 
51 
21 
19 

20 
19 
19 
19 
19 

19 
18 

20 
19 
17 
17 
17 
18 



Total 



16,236 
16,366 
14,840 
14,689 

14,721 
14 ,702 
14,722 
14,713 
14,689 

14,710 
14,824 
14,831 
14,864 
14,635 
14,615 
14,608 
14,602 



Guar- 
anteed 

Un- 
matured 
Funded 
Debt 



Exchange 
rate ad- 
justment 
(11) 



548 
577 
529 
528 

528 
528 
528 
528 
528 

528 
528 
528 
628 
628 
528 
627 
527 



Total 

(including 
exchange 
rate adjust- 
ment) 



+36 
+ 2 

-27 
-43 



-48 
-45 
-41 
-43 

-43 
-38 
-38 
-36 
-34 
-33 
-35 
-36 



15,819 
15,934 
15,342 
15,174 

15,201 
15,182 
15,205 
15,199 
15,174 

15,195 
15,314 
15,321 
15,356 
15,129 
15,110 
15,099 
15,093 



Distribution*'" 



Bank 

of 

Canada 



2,009 
1,942 
2,191 
2,227 

2,166 
2,135 
2,183 
2,172 
2,227 

2,154 
2,229 
2,182 
2,233 
2,186 
2,258 
2,290 
2,245 



•^ The term General Public refers to holdings of non-residents as well as 
residents: for an approximate division between resident and non-resident 
holdings on a quarterly basis see Table III. page 131. 

For a division of resident holdings between corporate and non-corporate 
holdings as at year ends see Statistical Summary September 19.52 Table 
m-B, pages 145-146. 

(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 



Chartered 
Banks 



Govern- 
ment 
Accounts 



3,112 
3,079 
2,754 
2,784 

3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 
2,915 
2,854 
2,787 
2,813 



796 

847 
1,009 
1,101 

1,052 
1,071 
1,083 
1,096 
1,101 

1,101 

1,096 

1,093 

1,090 

1,183"" 

1,207 

1,220 

1,236 



General 
Public 



9,902 

10,066 

9,388 

9,062 

8,969 
8,948 
8,948 
9,092 
9,062 

9,077 
9,049 
9,022 
8,995 
8,845 
8,791 
8,802 
8,799 



of the Government of Canada at the chartered banks and the Bank of 
Canada (shown m "Related Bank Assets" section); (d) Canadian dollar 
deposits 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 classification of Canadian loans see Table IV 
page 113. 

(6) Provincial, Municipal and "Other" securities. 



3 


. TOTAL OF CERTAIN LIQUID ASSETS HELD BY THE GENERAL PUBLIC, 






AND RELATED FACTORS 








LIQUID Assets 




Total 


Related Factors"" 












Liquid 
Assets 

Total 
Related 
Factors 






Currency 

and 

Active 

Bank 

Deposits 


Inactive 
Char- 
tered 
Bank 
Notice 

Deposits 


Govt, of Canada 
Securities 


Bank 

Assets 

other than 

Govt, of 

Canada 

Securities 

(14) 


Govt, of 
Can. Debt 
less Govt. 
Deposits & 
holdings of 
Govt. Ace ts 




Market 

Issues 

"» 


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 


4,861 


3,861 


8,848 


1,218 


10,066 


18,778 


3,971 


14,807 


1960 


4,843 


3,894 


8,194 


1,194 


9,388 


18,125 


3,952 


14,173 


1961 


5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,055 


1952 
End of 


4,887 


4,091 


7,940 


1,029 


8,969 


17,947 


3,991 


13,956 


Aug.-1962 


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 


4,336 


14,011 


Nov. 


5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,054 


Dec. 


5,011 


4,139 


7,840 


1,237 


9,077 


18,227 


4,242 


13,985 


Jan.-1963 


5,001 


4,192 


7,824 


1,225 


9,049 


18,242 


4,263 


13,979 


Feb. 


5,041 


4,242 


7,816 


1,206 


9,022 


18,305 


4,303 


14,002 


Mar. 


5,228 


4,276 


7,806 


1,190 


8,995 


18,499 


4,471 


14,028 


tP'- 


5,136 


4,268 


7,682 


1,163 


8,845 


18,249 


4,487 


13,762 


May 


5,214 


4,291 


7,648 


1,143 


8,791 


18,296 


4,527 


13,769 


June 


5,165t 


4,313 


7,676 


1,126 


8,802 


18,270 


4,545 


13,726 


July 


5,157 


4,355 


7,690 


1,109 


8,799 


18,311 


4,667 


13,644 


Aug. 



(7) Net of all related asset and liability items of the chartered banks and Bank 
of Canada which are not shown elsewhere in this table; includes foreign 
currency items and liabilities to shareholders. 

(8) Net of sinking fund holdings (except as noted in footnote 16). 

(9) Treasury Bills; Deposit Certificates and short-terra notes issued du-ectly 
to the Bank of Canada and chartered banks. , ^ . „ . 

(10) Refundable Tax. War Savings Certificates and Canada Savmgs Bonds. 

(U) Adjustment necessary to change value of foreign pay securities from £1 = 
4.86S 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 Summary, Sept. 1952, Table IV, pages 145-146. 



(13) 
(14) 
(15) 



(16) 
Note; 



Including any special banking issues held by the general public. 
As shown in "Other Related Bank Assets". Section 1 above. 
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 Government of Canada Securities outstanding. 
Including $75 millions of bonds purchased in the New York market 
during May 1953 which are held in a sinking fund account. 
: — Statistics for earlier years and further information with respect to 
' details of compilation are available from the Research Department, 
Bank of Canada, on request. t Corrected. 



149 



SEPTEMBER 1953 
IV— GOVERNMENT BOND YIELDS AND TREASURY BILL RATES 

Bank of Canada 





Government of Canada 






Theoreticals(i> 






15th of Each Month 




15 Yr. 


9 Yr. 


5Yr. 


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 










1952— 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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 


Feb. 


3.65 


3.62 


3.44 


3.08 


Mar. 


3.65 


3.56 


3.43 


3.11 


Apr. 


3.66 


3.56 


3.43 


3.14 


May 


3.69 


3.62 


3.48 


3.21 


June 


3.72 


3.72 


3.54 


3.28 


July 


3.72 


3.71 


3.57 


3.28 


Aug. 


3.73 


3.72 


3.64 


3.36 


Sept. 


3.75 


3.77 


3.65 


3.41 



Long Term 




Market Yields 


Average of Business Days 


Canada") 


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 


3.49 


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 


3.59 


4.16 


2.74 


3.60 


4.09 


2.77 


3.60 


3.97 


2.85 


3.62 


3.87 


2.90 


3.64 


3.83 


3.05 


3.70 


3.85 


3.11 


3.72 


3.89 


2.98 


3.73 


3.83 


2.96 


3.73 


3.74 


2.93 



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 


1.076 


2.167 


1.795 


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 


1.349 


2.415 


2,138 


1.349 


2.398 


2.124 


1.473 


2.432 


1.993 


1.503 


2.232 


2.098 


1.528 


2.415 


2.219 


1.530 


2.383 


2.271 


1.699 


2.368 


2.229 


1.759 


2.365 


2.106 


1.795 


2.368 


2.116 


1.911 


2.150 


1.957 



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



V— GOVERNMENT BOND YIELDS'" 

Bank of Canada 





1950 


1951 


1952 


1953 




Sept. 29 


Mar.31 June30Sept.28Dec. 31 


Mar.31 June 30 Sept. 30|Dec. 31 Mar.3l|june 30 Sept.30 


Government of Canada 



Internal Issues 
2% due Dec. 15, 1954... 
3% due Nov. 1, 1953/56 
3% due June 1, 1957/60 
3% due Sept. 1, 1961/66 

New York Issues 
33^% due Jan. 15, 1956/61. 
2?^% due Sept. 1, 1974.... 
4>i% due July 1, 1957^.. 



2.06 


2.69 


2.48 


2.50 


2.56 


2.61 


2.73 


3.02 


3.12 


3.15 


3.17 


2.47 


3.16 


3.07 


3.05 


3.22 


3.20 


3.28 


3.48 


3.44 


3.37 


3.38t 


2.65 


3.19 


3.15 


3.13 


3.40 


3.46 


3.58 


3.74 


3.70 


3.52 


3.66 


2.74 


3.22 


3.24 


3.25 


3.49 


3.51 


3.54 


3.62 


3.59 


3.63 


3.72 


2.15 


2.91 


2.92 


2.66 


2.60 


2.73 


2.58 


2.45 


2.44 


2.51 


3.15 


2.72 


2.96 


3.02 


2.93 


3.06 


3.04 


2.93 


2.98 


3.03 


3.20 


3.31 


2.52 


2.95 


3.12 


2.86 


3.15 


2.70 


2.65 


2.61 


2.77 


3.05 


3.22 



33.7 
3.42 
3.70 
3.74 



2.46 
3.21 
2.90 



UNITED States government 



1^% due Mar. 
23^% due Mar. 
2K% due Dec. 
2K% due Dec. 



15, 1954... 
15, 1956/58 
15, 1963/68 
15, 1967/72 



1.57 


2.01 


1.97 


1.95 


2.07 


1.78 


1.92 


2.03 


2.12 


2.10 


2.27 


1.67 


2.17 


2.14 


2.09 


2.19 


2.10 


2.16 


2.43 


2.38 


2.50 


2.68 


2.30 


2.53 


2.71 


2.60 


2.70 


2.67 


2.56 


2.75 


2.72 


2.89 


3.01 


2.44 


2.56 


2.69 


2.62 


2.75 


2.70 


2.63 


2.77 


2.80 


2.94 


3.01 



1.65 
2.42 
2.75 
2.85 



United Kingdom Government 



2Ji%dueFeb. 15, 1955... 

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

3% due Aug. 15, 1965/75 



1.88 


1.79 


2.00 


1.75 


2.42 


3.12 


3.61 


2.96 


2.97 


2.86 


3.12 


2.32 


2.25 


2.50 


2.06 


3.05 


3.42 


3.47 


3.16 


3.08 


2.98 


2.72 


2.88 


3.15 


3.35 


3.35 


3.85 


4.09 


4.36 


4.00 


3.96 


3.73 


3.64 


3.22 


3.43 


3.68 


3.69 


4.15 


4.33 


4.56 


4.19 


4.22 


4.03 


4.02 



2.37 
2.88 
3.56 
3.77 



(1) Based on approximate market bid side. (2) Canadian National Railvrays (Guaranteed by Canada). t Corrected. 



SEPTEMBER 1953 



150 



Millions of Dollars 



VI— CONSUMER CREDIT OUTSTANDING 

ESTIMATES OF SELECTED ITEMS 



(1) 





Charge 
Accounts <2) 


Instalment Credit 


Cash 
Personal 
Loans (5) 


Total of 




Retail 
Dealers <') 


Finance 
Companies «) 


Total 


Selected 
Items 


1949 — 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 


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 


186 


290 


388 


1,080 


1952 — Mar. 31 


353 


97 


176 


273 


385 


1,011 


June 30 


397 


136 


265 


401 


420 


1,218 


Sept. 30 


411 


179 


334 


513 


437 


1,361 


Dec. 31 


449 


239 


373 


612 


460 


1,521 


1953 — Mar. 31t 


414 


226 


427 


653 


479 


1,546 


June 30* 


447 


210 


549 


759 


526 


1,732 



SOURCES: Dominion Bureau of Statistics, Department of Finance, Department of Insurance, Department of Agriculture and Bank of Canada. 

(1) 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. 

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

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

(4) 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. 

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



MILLIONS OF DOLLARS 

2100 



1800 



CONSUMER CREDIT OUTSTANDING 

ESTIMATES OF SELECTED ITEMS 

QUARTERLY 



(I) 



1500 



1200 



900 



















1 


J 






TOT 


y 






y 


^ 


J 




■l 1 1 


s/ 


1 1 1 


\ 1 1 


1 1 1 



MILLIONS OF DOLLARS 

825 



1949 1950 1951 

(1) See footnotes to table above. 



1952 



1953 




1950 



1951 



1952 



1953 



151 



Cents per Unit 



VII— FOREIGN EXCHANGE RATES 

Bank of Canada 



(1) 



Business 
Days 



1946 
1947 
1948 
1949 
1950 
1951 
1952 

1952-Sept. 
Oct. 
Nov. 
Dec. 

1953-Jan. 
Feb. 

Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 



U.S. Dollar in Canada 



High 



110.25 
100.25 
100.25 
110.25 
110.25 
107.31 
101.13 

96.06 
97.16 
98.63 
97.53 

97.38 
98.44 
98.63 
98.63 
99.78 
99.63 
99.44 
99.00 
98.88 



Low 



100.25 
100.25 
100.25 
100.25 
103.25 
101.19 
95.88 

95.88 
96.00 
96.50 
96.63 

96.75 
97.00 
97.75 
98.00 
98.66 
99.16 
98.94 
98.69 
97.78 



Noon Average 

of business 

days 



105.75 
100.25 
100.25 
103.08 
108.92 
105.28 
97.89 

95.98 
96.43 
97.66 
97.06 

97.05 
97.73 
98.33 
98.37 
99.41 
99.44 
99.18 
98.83 
98.43 



£ Sterling in Canada 



High 



444.00 
403.00 
403.00 
403.00 
308.00 
300.50 
281.25 

267.44 
271.19 
276.19 
273.56 

273.56 
277.50 
277.63 
277.94 
280.94 
280.38 
279.88 
278.81 
277.69 



Low 



403.00 
403.00 
403.00 
308.00 
289.25 
281.38 
266.75 

266.75 
267.25 
270.56 
270.69 

272.38 
273.44 
275.31 
275.69 
278.06 
278.88 
278.56 
277.50 
274.00 



Noon Average 

of business 

days 



425.54 
403.00 
403.00 
376.13 
304.44 
294.68 
273.40 

267.11 
269.36 
273.52 
272.40 

273.05 
275.55 
276.92 
277.13 
279.80 
279.82 
279.29 
278.25 
275.94 



(1) Prior to October 2, 1950, there were official buying and selling rates for the U.S. Dollar and 
Sterling in Canada. The rates used in the table prior to this date are tlie mid-rates between official 
buying and selling rates, or the averages thereof. Accordingly the "High" differs from the "Low" only 
in the years when the official rates were changed. Effective October 2, 1950. official rates were discon- 
tinued and rates thereafter are noon rates as reported on transactions between banks in tlie exchange 
market. Commencing with 1950, averages are based on five-day week quotations. 



SEPTEMBER 1953 

VIII— OFFICIAL HOLDINGS OF 
GOLD AND U.S. DOLLARS'" 

$ mm. U.S. Dept. of Finance 



End 




US 




of 
period 


Gold 


Dollars 


Total 


1946 


536.0 


708.9 


1,244.9 


1947 


286.6 


215.1 


501.7 


1948 


403.1 


596.5 


997.8 


1949 


486.4 


630.7 


1,117.1") 


1950 


580.0 


1,161.5 


1,741.5 


1951 


841.7 


936.9 


1,778.6 


1952 


885.0 


975.2 


1,860.2 


1952-Sept. 


883.1 


972.5 


1,855.6 


Oct. 


875.3 


980.7 


1,856.0 


Nov. 


875.5 


966.5 


1,842.0 


Dec. 


885.0 


975.2 


1,860.2 


1953-Jan. 


888.5 


978.3 


1,866.8 


Feb. 


892.9 


944.2 


1,837.1 


Mar. 


905.8 


939.5 


1,845.3 


Apr. 


913.7 


930.0 


1,843.7 


May 


923.0 


838.2 


1,761.2 


June 


934.7 


815.4 


1,750.1 


July 


942.2 


813.5 


1,755.7 


Aug. 


951.0 


813.4 


1,764.4 


Sept. 


959.8 


827.5 


1,787.3 



(1) Gold and U.S. dollars held by the Exchange Fund 
Account and Bank of Canada and U.S. dollars held by 
other Govt, of Canada Accounts. 

(2) Exclusive of $18.2 mm. set aside out of the proceeds of 
a refunding issue for the purpose of retiring on Feb. 1, 
1950, a security issue guaranteed by tlie Govt, of 
Canada and payable in U.S. dollars. 



UNITED STATES DOLLAR IN CANADIAN FUNDS 

CANADIAN DOLLARS CANADIAN DOLLARS 




1.04 



1.00 



MONTHLY 



HIGH 





SEPTEMBER 1953 




99J0 


BUSINESS DAYS 


99J0 


9880 


^^^^ 


9880 


^%S^j^^ 


9830 


>V| 1 ^^^^ r— HIGH 


QA'tn 


NOON — ^NL'''''^N-.s. 
LOW J. l\ 




9780 


'■"isj 


9780 




9730 


1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 


9730 



1.04 



.00 



.96 




.96 



92 



O N D J r 
1950 



S O N D J F 



M A M J J 
1952 



A S O N D J F 



M A M J J 
1953 



A S O N D 



SEPTEMBER 1953 



152 



IX— PRICE INDEXES 

"Prices and Price Indexes" , Dominion Bureau of Statistics 



WHOLESALE PRICES 

Index 1935-39 = 100 



CONSUMER PRICES"' 

Index 1949=100 





Total 
Index 

(Mid- 
Month) 


Raw and 
Partly 
Manu- 
factured 


Fully & 
Chiefly 
Manu- 
factured 


FARM products'" 


Total 
Index 

(1st of 
Month) 


Food 


Shelter 


Clothing 


Household 
Operation 


Other 
Com- 
modities 
& Services 




Fieldt 


Animal 


Totalt 




100 


32 


IS 


11 


17 


25 


Average of Months 

1926 


130.3 


129.1 


133.0 


158.5 


130.2 


144.4 


75.9 


* 


* 


* 


* 


* 


1929 


124.6 


126.1 


123.7 


137.2 


144.4 


140.8 


75,8 


* 


* 


* 


* 


* 


1933 


87.4 


79.3 


93.3 


69.3 


69.2 


69.3 


58.8 


* 


* 


* 


* 


* 


1937 


107.7 


113.7 


104.4 


128.9 


106.0 


117.4 


63.0 


* 


* 


* 


* 


* 


1946 


138.9 


140.1 


138.0 


177.9 


181.2 


179.5 


77.5 


* 


* 


* 


:1c 


* 


1949 


198.3 


197.1 


199.2 


191.9 


265.4 


228.7 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


1950 


211.2 


212.8 


211.0 


191.9 


281.4 


236.7 


102.9 


102.6 


106.2 


99.7 


102.4 


103.1 


1951 


240.2 


237.9 


242.4 


200.4 


336.9 


268.6 


113.7 


117.0 


114.4 


109.8 


113.1 


111.5 


1952 


226.0 


218.7 


230.7 


216.9 


277.5 


247.2 


116.5 


116.8 


120.2 


111.8 


116.2 


116.0 


Monthly 
1952— Aug. 


223.7 


216.2 


228.5 


208.1 


277.2 


242.7 


116.0 


115.7 


120.6 


111.6 


115.8 


115.8 


Sept. 


221.9 


212.4 


227.6 


194.8 


269.1 


231.9 


116.1 


115.8 


121.2 


110.9 


116.0 


115.8 


Oct. 


220.2 


209.7 


227.4 


192.7 


263.0 


227.8 


116.0 


115.1 


121.5 


109.9 


116.2 


116.4 


Nov. 


221.5 


210.5 


228.2 


192.1 


266.5 


229.3 


116.1 


115.7 


121.4 


109.8 


115.9 


116.6 


Dec. 


221.1 


210.0 


227.8 


189.4 


268.3 


228.8 


115.8 


114.1 


122.2 


109.7 


116.1 


116.6 


1953— Jan. 


221.5 


209.4 


229.0 


186.4 


266.4 


226.4 


115.7 


113.5 


122.3 


109.7 


116.5 


116.7 


Feb. 


220.9 


207.9 


228.8 


182.1 


263.1 


222.6 


115.5 


112.7 


122.5 


109.6 


116.6 


116.7 


Mar. 


221.9 


209.8 


229.2 


177.3 


264.3 


220.8 


114.8 


111.6 


122.5 


109.7 


116.7 


115.2 


Apr. 
May 


219.6 


205.7 


227.9 


173.0 


256.0 


214.5 


114.6 


110.9 


122.7 


109.7 


116.9 


115.0 


220.1 


206.3 


228.3 


170.6 


263.2 


216.9 


114.4 


110.1 


122.9 


110.1 


116.6 


115.1 


. une 


221.7 


207.2 


230.4 


169.9 


268.8 


219.3 


114.9 


111.4 


123.6 


110.1 


116.6 


115.1 


uly 


221.2 


207.2 


229.6 


173.1 


265.3 


219.2 


115.4 


112.7 


123.9 


110.3 


117.0 


115.2 


Aug. 


222.4 


210.0 


230.1 


157.2 


269.9 


213.6 


115.7 


112.8 


124.1 


110.4 


117.2 


115.8 


Sept. 














116.2 


114.0 


124.2 


110.4 


117.4 


115.9 



(1) An independent series with different weighting and different prices from 
those included in the "Total Index". Prices include subsidies. 

t From August. 1952 initial payments are included where applicable. 

(2) 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. The Consumer Price Index prior to 1949 is the 
Cost-of-Living Index inclusive of all tobacco taxes linked to the Consumer 
Price Index 1949 = 100. 
Not available. 



STEER PRICES : CANADA AND U.S.A 



(1) 



CANADIAN DOLLARS PER CWT. 



CANADIAN DOLLARS PER CWT. 




M J S 
1946 



M J S 
1947 



M J S 
1953 



(1) Steer prices in Chicago converted to Canadian funds at the prevailing rate of exchange. 
* Steer grades revised commencing January 1951. 



153 



SEPTEMBER 1953 



SEPTEMBER 1953 



154 



X— SELECTED QUARTERLY AGRICULTURAL STATISTICS" : 1950-1953 

Department of Agriculture, Board of Grain Commissioners and Dotninion Bureau of Statistics 





PRODUCTION 




Livestock 


Field Crops 


Dairying 


Eggs 

<») 


D.B.S. 




Inspected Slaughterings 


Exports 


Wheat 


Oats 
1' 


Barley 


Other Grains 

(s) 


Butter'" 


Cheddar 
Cheese 


Concentrated 

Milk 

Products 

(4) 


Total 
Milk 

(6) 


Index of 




Cattle 

and 

Calves 


Hogs 


Sheep 

and 

Lambs 


Total 


Calvt"'Lef B-°".'"' 

and Veal "^"^ 

(Dressed Weight) 


Physical 
Volume of 
Agricultural 
Production 




Thousands of Head 


Millions of lbs. 


Mm. acres 


Mm. bus. 


Mm, acres 


Mm. bus. 


Mm. acres 


Mm. bus. 


Mm. acres 


Mm. bus. 


Millions of pounds 


Thous. of cases 


III3S-3<I = I00 


1950 ^ I 
II 
III 
IV 


453 
594 
519 
492 


1,161 

1,182 

831 

1,231 

4,405 

1,105 

1,092 

866 

1,424 


60 

32 

183 

246 

521 

60 

31 

137 

210 

439 

62 

52 

146 

253 

513 

77 
36 
183 


1,674 
1,808 
1,533 
1,969 


96 

58 
93 
96 

343 

49 
105 
80 
50 

284 

11 
35 
57 
38 

140 

18 
16 


94 

22 

9 

33 

157 

6 
3 

1 
2 

12 

2 
1 
1 
3 

7 

2 

4 










7 
8 
8 
9 




2 
2 
2 
2 




42 
101 
111 

57 


5 
35 
42 
15 


52 
131 
132 

67 


2,892 
5,037 
5,159 
3,301 

16,449 

2,749 
4,976 
5,191 
3,438 

16,424* 

2,829 
5,097 
5,240 
3,544 


1,383 

1,629 

978 

1,020 

5,010 

1,267 . 
1,293 
936 
1,206 




Yearly Total 

1951 — I 
II 
III 
IV 


2,058 

360 
555 
432 
386 


6,984 

1,525 
1,679 
1,435 
2,021 


27 


462 


12 


420 


171 


92 


311 

36 
98 
112 
60 


98 

5 
28 
38 
15 


382 

55 
156 
149 

75 


136.0") 


Yearly Total 

1952 — I 

II 

III 

IV 


1,734 

317 
526 
457 
505 


4,488 

1,452 
1,530 
1,233 
2,019 


6,660 

1,831 
2,109 
1,836 
2,777 


25 


553 


12 


488 


245 


87 


306* 

37 
105 
116 

64 


87* 

4 
23 
27 
12 


435* 

61 
172 
161 

77 


4,703* 

1,600 
1,541 
1,048 
1,218 


152.3<') 


Yearly Total 

1953 — I 
11 
III* 
IV 


1,805 

459 
598 
567 


6,234 

1,306 

1,186 

849 


8,553 

1,843 
1,821 
1,600 


26 


688 


11 


467 


291 


86t 


323* 

42 
114 


66* 

5 
25 


472* 

62 
158 


16,785* 

3,006 
5,346 


5,407* 

1,430 
1,462 
1,069 


165.0 


Yearly Total 








26 


594t 


lit 


405t 


273t 


85t 















PRICES") 



FARM CASH AND NET INCOME FROM SALE OF FARM PRODUCTS 



D.B.S. Index 

of Farm Prices 

of Agricultural 

Products 



Wholesale Prices 



By Products 



Wheat") 
(No. 1 Northern) 



I.W.A.('») 



Class II 



Steers 

(Good up to 1000 

lbs., Toronto) 



Hogs 

(Grade Bl 

Dressed, Toronto) 



Butter 
(II) 



Cheddar 
Cheese 

(12) 



Field 
Crops 



Participation 

and 
Equalization 
Payments''^) 



Livestock 



Dairy 

Products, 

Poultry and 

Eggs 



All 
Other 



Total 

Cash 

Income 



By Regions 



Maritimes 



Quebec 

and 
Ontario 



Western 
Provinces 



I Total Cash 
Income 
(Incl. certain 
Govt. Pay'ts.)IH) 



Total 

Net 

Income 

(16) 



1931-39 = 100 



Cents per bushel 



Dollars per cwt. 



Cents per pound 



Millions of Dollars 



1950 



- I 
II 
III 

IV 



Yearly Total 

1951 — I 

II 
III 

IV 

Yearly Total 

1952 — I 

II 
III 
IV 

Yearly Total 

1953 — I 

II 

III* 
IV 

Yearly Total 



248.9 
258.4 
270.6 
265.1 

260.8 

284.7 
295.3 
307.0 
300.3 

296.8 



273.8 
267.6 
252.5 

270.2 

250.1 
243.8 



198.0 
198.0 
198.0 
188.8 

195.7 

189.0 
191.5 
190.3 
187.3 

189.5 

180.2 
176.7 
173.4 
174.7 

176.2 

175.8 
178.3 
191.9 



217.8 
214.2 
203.0 
195.5 

207.6 

211.5 
229.7 
236.9 
242.2 

230.1 

237.4 
223.6 
215.4 
223.6 

225.0 

218.7 
210.8 
202.0 



22.10 
25.62 
28.41 
27.73 

24.74 

30.80 
33.12 
33.67 
33.84 

32.60 

29.12 
25.03 
25.80 
23.14 

25.15 

22.08 
19.62 
19.18 



26.85 
28.69 
31.30 
29.03 

28.98 

33.30 
34.34 
35.53 
29.03 

32.85 

26.41 
25.60 
25.60 
25.60 

25.70 

26.21 
30.62 
33.77 



60.3 
55.0 
53.0 
56.4 

.56.2 

64.0 
61.6 
63.0 
64.5 

63.3 

66.5 
58.5 
57.3 
61.0 



62.7 
58.1 
57.5 



28.1 
31.2 
33.0 
36.0 

32.1 

37.9 
36.0 
36.4 
36.1 

36.6 

36.1 
30.2 
29.7 
30.4 

31.6 

31.4 
29.6 
28.1 



111 

92 

237 

269 



709 

114 
140 
209 
353 



817 

200 
238 
307 
370 



1,115* 



216* 
200* 



(1) Excludes Newfoundland. 

(2) Buckwheat, mixed grains and shelled corn. 

(3) Creamery, dairy and whey butter. 

(4) Whole milk products and milk by-products. 

(5) Total milk production by quarters does not include the milk equivalent 
of factory cheese other than Cheddar included in the annual totals. 

(6) Registered egg station gradings. 



(7) Allowances made for the low quality of the 1950 and 1951 western 
grain crop. 

(8) Prices are quarterly and annual averages. 

(9) Basis in store Fort William-Port Arthur or Vancouver. 

(10) Up to July 31, 1953 excludes 6 cents carrying charges, after that date 
carrying charges are included in the price quoted. 



5 
2 

1 

43 



50 

18 

165 

1 

129 



313 



15 

1 

159 



223* 



3* 
73* 



175 
202 
205 
239 



820 

215 
241 
206 
235 



156 
169 
164 
188 



153* 
159* 



133 
141 
128 



501 

102 
161 
200 
160 



624 

120 
151 
166 
164 



602* 



127* 
165* 



26 
44 
19 
45 



133 

32 
50 
22 
58 



162 

35 

50 
21 
57 



162* 



32* 
46* 



415 
472 
603 
723 



2,213 

481 
757 
639 
935 

2,812 

560 
622 
658 
938 

2,778* 

531* 
640* 



24 
28 
23 
29 



103 

26 
29 
25 
40 



119 

26 
29 
24 
38 



118* 



24* 
24* 



242 
254 
269 
270 



1,035 

269 
308 
326 
314 

1,217 

271 
259 
294 
276 

1,101* 

251* 
251* 



149 
190 
312 
424 



186 
420 
287 
581 



263 
334 
340 
624 



1,560* 



257* 
364* 



427 
473 
604 
723 



758 
639 
936 



2,822 



562 
623 



939 



2,783* 



532* 
640* 



1,448 



2,189 



1,950* 



(11) No. 1 pasteurized, current receipts. 

(12) Ontario coloured, current receipts. 

(13) Wheat participation and adjustment payments, oats and barley equali- 
zation payments and flax-seed adjustment payments. The wheat parti- 
cipation and adjustment payments for the years 1950, 1951 and 1952 
amounted to 8, 271 and 166 million dollars respectively. 



(14) Payments under the Prairie Farm Assistance Act. 

(15) Net Income is Cash Income plus income in kind plus increase in inven- 
tories on the farm less farm operating costs. 

t Revised. 

i D.B.S. estimate Sept. 1. 1953. * Preliminary. 



155 



SEPTEMBER 1953 



XI— EMPLOYMENT AND LABOUR INCOME 





Civilian Labour ForceCD 


(5) 

Armed 
Forces 


Employment IndexesC6)(7) 


Manufacturing^ (8) 






Total 


With Jobs 
(Inch Agriculture) 


Without 

Jobs 

and 

Seeking 

Work(3) 


Of which 

Employed 

in 

Agriculture 


Manu- 
facturing 


Mining 


Con- 
struction 


Average 
Weekly 
Hours 


Average 

Hourly 

Earnings 

(9) 


Monthly 
Labour 
Income 

(9) (10) 




At Work 

35 or More 

Hours 


At Work(2) 
Less than 
35 Hours 




Thousands of Persons 


Index 1939 = 100 


NuTnber 


Cents 


Millions $ 


Annual Average 


























1948 


4,954 


4,279 


573 


102 


1,088 


36 


176.0 


103.4 


153.8 


42.2 


91.3 


597 


1949 


5,036 


4,329 


576 


131 


1,074 


43 


175.9 


106.4 


161.2 


42.3 


98.6 


647 


1950(^' 


5,157 


4,369 


621 


167 


1,018 


51 


177.5 


112.2 


165.0 


42.3 


103.6 


693 


1951 


5,231 


4,467 


656 


108 


943 


77 


190.0 


117.7 


177.6 


41.8 


116.8 


806 


1952 


5,304 


4,562 


613 


129 


888 


97 


192.4 


124.3 


192.8 


41.5 


129.2 


895 


Monthly 


























1952-July 


* 


* 


* 


* 


* 


* 


191.4 


125.8 


209.4 


41.3 


128.6 


901 


Aug. 16 


5,419 


4,606 


727 


86 


1,007 


99t 


194.1 


127.3 


236.6 


41.1 


128.9 


919 


Sept. 


* 


* 


* 


* 


* 


* 


198.5 


127.2 


224.7 


41.6 


129.5 


931 


Oct. 


* 


* 


* 


* 


* 


* 


200.8 


126.4 


223.4 


42.1 


129.9 


946 


Nov. 22 


5,290 


4,680 


496 


114 


795 


100 


199.8 


125.9 


213.4 


42.1 


131.0 


952 


Dec. 13 


5,276 


4,558 


586 


132 


782 


100 


199.6 


124.6 


202.5 


42.5 


132.1 


942 


1953-Jan. 24 


5,200 


4,523 


490 


187 


770 


103 


196.3 


122.6 


174.8 


38.3 


134.0 


928 


Feb. 21 


5,194 


4,518 


497 


179 


768 


104 


197.6 


122.5 


159.8 


41.9 


134.2 


920 


Mar. 21 


5,192 


4,534 


486 


172 


799 


104 


199.5 


121.7 


153.6 


42.1 


134.4 


924 


Apr. 18 


5,241 


4,645 


431 


165 


833 


105 


200.1 


120.6 


156.8 


42.1 


134.9 


949 


May 16 


5,321 


4,720 


487 


114 


887 


105 


200.8 


120.6 


175.5 


41.8 


135.5 


969 


June 20 


5,387 


4,888 


409 


90 


900 


105 


201. 6t 


121.3t 


189.9t 


41.7 


135.9 


979 


July 18 


5,515 


4,807 


618 


90 


993 


105 


203.3** 


122.9** 


200.5** 


41.4** 


136.1** 




Aug. 22 


5,507 


4,820 


595 


92 


964 


106 















Sources: Dominion Bureau of Statistics, Dept. of National Defence. 

(1) Estimates based on a sample of about 30,000 households and therefore 
subject to sampling error which is relatively larger the smaller the estimate. 
Figures for 1953 are not strictly comparable with earlier data because of 
small downward revisions in the population estimates based on 1951 census 
details. Annual figures are averages of 4 surveys. Nfld. is excluded prior to 
1950; 1950 averages for it were: "With Jobs" 93. "Without Jobs" 14. 
Figures after months are dates of ends of survey weeks. 

(2) Includes persons who, though having jobs, neither worked nor sought work. 

(3) Includes persons who, though having jobs, did not work but sought work 
and those who would have sought work but were temporarily ill, on 
indefinite or prolonged lay-off, or believed no work was available. 



(4) Includes an estimate of labour force figures for June 1950 for Manitoba 
which was not covered because of floods. 

(5) Annual figures are averages for labour force survey dates. 

(6) As reported by employers usually having 15 or more employees. Dated 
first of month and covering last pay period in previous month. 

(7) Include salaried and part-time workers; exclude Newfoundland. 

(8) Include hourly-rated wage earners only; include Nfld. commencing in 1950. 

(9) Gross earnmgs before deductions for taxes, unemployment insurance, etc. 

(10) Includes bonuses and commissions, food, clothing, shelter and contributions 
to insurance, pensions, etc. provided by employer. Includes Newfoundland 
commencing in 1949. 

* Not available. ** Preliminary. t Revised. 



AVERAGE HOURLY EARNINGS IN CERTAIN INDUSTRIES 

CURRENT AND DEC. 1950 DOLLARS") 



(1) 




1.35 1.55 



1.20 1.40 



1.05 1.25 



D J 

DOLLARS DOLLARS 





MINING 




HOURLY EARNINGS-^,^ ^^ 
IN CURRENT DOLLARS X .^^^ 


— •^. 


y^ * 


^-HOURLY E 


ARMINGS 


1 1 1 1 1 h 1 1 1 1 


IN DEC. 1950 DOLLARS 

1 1 1 M h 1 1 1 1 1 1 1 1 1 1 M 1 1 1 



1.55 



1.40 



25 



J 

1951 



J 
1952 



J D 

1953 




(1) See footnotes to Table XII on page 156. (2) Current dollars divided by D.B.S. Consumer Price Index on base Dec. 1950=100. 



SEPTEMBER 1953 
XII 

Cents 



156 



-AVERAGE HOURLY EARNINGS IN CERTAIN INDUSTRIES"'"' 
HOURLY-RATED WAGE-EARNERS 

"Man-Hours and Hourly Earnings", Dominion Bureau of Statistics 





Manufacturing 


Mining 


Construction 






Food & 
Beverages 


Clothing 


Total Non- 
Durable 


Iron & 
Steel 


Trans- 
portation 
Equipment 


Total 
Durable 


Total 


Services 


Aver, of Months 

1945 


59.0 


53.0 


60.7 


75.1 


86.9 


76.7 


69.4 


85.0 


73.5 


43.0 


1946 


62.5 


56.2 


63.8 


82.7 


87.9 


76.4 


70.0 


87.3 


76.9 


46.0 


1947 


70.6 


63.1 


73.4 


95.7 


97.9 


87.2 


80.3 


98.0 


84.6 


52.9 


1948 


79.9 


70.7 


84.0 


108.1 


108.1 


98.4 


91.3 


111.1 


94.1 


58.4 


1949 


86.0 


76.4 


90.6 


108.4 


116.0 


106.5 


98.6 


117.2 


101.2 


63.6 


1950 


89.8 


79.3 


95.2 


115.5 


120.9 


112.0 


103.6 


121.4 


105.6 


65.8 


1951 


99.3 


86.0 


107.2 


130.1 


133.8 


125.8 


116.8 


133.4 


117.6 


69.3 


1952 


109.8 


91.4 


117.4 


145.0 


146.6 


139.8 


129.2 


147.1 


130.8 


73.6 


1st of Month (3) 

1952— Apr. 


111.0 


91.2 


116.9 


144.3 


146.9 


139.6 


129.0 


146.9 


132.4 


73.0 


May 


111.1 


91.0 


117.8 


144.3 


146.3 


139.5 


129.4 


147.3 


132.1 


74.2 


June 


110.6 


91.1 


118.4 


145.2 


145.6 


139.6 


129.7 


147.4 


130.2 


73.7 


July 


109.3 


91.2 


117.9 


144.9 


145.3 


138.3 


128.6 


147.6 


128.2 


73.5 


Aug. 


109.1 


91.2 


117.5 


145.4 


146.3 


139.4 


128.9 


147.5 


127.4 


72.1 


Sept. 


107.6 


92.1 


116.8 


146.3 


149.6 


141.2 


129.5 


148.7 


130.2 


72.7 


Oct. 


107.9 


92.3 


117.0 


147.2 


149.3 


141.8 


129.9 


149.8 


134.0 


75.2 


Nov. 


111.3 


92.7 


118.4 


147.6 


151.1 


142.6 


131.0 


150.4 


135.2 


75.8 


Dec. 


112.5 


92.3 


119.3 


148.8 


151.9 


143.6 


132.1 


151.8 


137.4 


76.5 


1953— Jan. 


116.5 


92.6 


121.8 


149.5 


153.2 


144.5 


134.0 


153.4 


135.8 


76.3 


Feb.t 


114.7 


93.8 


120.8 


150.8 


155.6 


145.7 


134.2 


153.3 


140.5 


76.5 


Mar. 


115.5 


95.1 


120.7 


151.4 


156.9 


146.3 


134.4 


152.9 


142.7 


77.3 


Apr. 


116.0 


95.2 


121.3 


151.7 


157.1 


146.7 


134.9 


152.6 


143.8 


77.2 


May 


116.6 


94.8 


122.4 


152.7 


156.6 


146.8 


135.5 


153.7 


144.3 


78.1 


June 


116.3 


94.6 


123.1 


153.2 


156.5 


146.8 


135.9 


153.1 


142.9 


78.6 


July* 


114.4 


95.2 


123.4 


153.3 


157.2 


147.1 


136.1 


152.9 


141.6 


77.7 



(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. Include Newfoundland commencing 1950. 

(3) As reported for the last week of the previous month. f Revised. * Preliminary. 



1935-39 = 100 



XIII— VOLUME OF INDUSTRIAL PRODUCTION 

INDEXES NOT SEASONALLY ADJUSTED 

"Canadian Statistical Review" , Dominion Bureau of Statistics 



(1) 





Total 


Mining 


Manufacturing 


Electricity 




Total 


Non- 


Durables 


Manufactured 










Durables 




Gas 


Weighting 


100.0 


16.8 


75.6 


46.1 


29.5 


7.6 


Annual Average 














1935 


85.6 


79.5 


86.5 


89.0 


82.7 


90.4 


1937 


108.0 


103.8 


109.3 


106.7 


113.2 


105.1 


1939 


109.7 


118.0 


108.1 


108.2 


107.9 


107.5 


1945 


187.2 


100.9 


209.8 


176.3 


262.1 


152.1 


1946 


171.9 


97.1 


189.9 


180.2 


205.1 


157.8 


1947 


187.8 


106.2 


207.7 


191.2 


233.5 


169.3 


1948 


196.3 


122.2 


215.5 


197.1 


244.4 


168.6 


1949 


199.6 


131.7 


217.0 


198.2 


246.3 


176.1 


1950 


211.5 


145.4 


228.1 


208.3 


259.1 


190.9 


1951 


226.5 


161.8 


242.1 


214.0 


285.9 


214.2 


1952 


232.9 


174.7 


246.3 


215.2 


294.8 


228.8 


1952— July 


228.3 


184.6 


239.8 


213.4 


281.2 


210.2 


Aug. 


234.2 


183.0 


247.6 


221.8 


287.9 


214.2 


Sept. 


244.1 


197.5 


256.5 


224.9 


306.0 


223.1 


Oct. 


248.1 


198.7 


260.4 


228.1 


310.8 


235.1 


Nov. 


248.1 


184.5 


263.5 


232.4 


312.2 


235.3 


Dec. 


235.7 


173.3 


248.9 


213.4 


304.5 


241.4 


1953— Jan. 


232.1 


164.6 


245.6 


203.4 


311.6 


246.7 


Feb. 


242.0t 


162.6 


258 .3t 


214.3t 


327.0 


254.4 


Mar. 


246.8 


160.2 


265.5 


221.8 


333.9 


251.0 


Apr. 


254.3* 


175.5 


270.6* 


227.8* 


337.6* 


266.3 


May 


254.8* 


180.4 


271. 8t 


230.3t 


336.6t 


250.0 


June 


257.4* 


196 .3t 


273.lt 


231.6t 


338.0t 


235.7t 


July 


247.4* 


196.8* 


260.8* 


220.2* 


324.1* 


225.0* 



(1) Refer to D.B.S. Reference Paper No. 34 "Revised Index of Industrial Production, 193S-19S1," for background material. 



* Preliminary. 



t Revised. 



157 



SEPTEMBER 1953 



Thousands of Short Tons 



XIV— NEWSPRINT : NORTH AMERICA 

"Monthly Newsprint Report" , Newsprint Association of Canada 





SUPPLY 


ESTIMATED CONSUMPTION 


STOCKS 




Production 


Imports 

from 
Europe 


Less: 
Exports 
Overseas 


Total 
Supply 


U.S. 
Publishers 


(I) 
Canadian 
Publishers 


Total 






(1) 
Canada 


U.S.A. 


Total 


Net 
Increase 


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 


5,056 


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 


171 


223 


6,241 


5,937 


355 


6,292 


-50 


1951 


5,516 


1,125 


6,641 


206 


378 


6,469 


5,975 


360 


6,335 


135 


1952 


5,687 


1,147 


6,834 


183 


530 


6,487 


5,988 


369 


6,357 


130 


12-mths. ending 






















Aug. 1953 


5,688 


1,085 


6,773 


180 


469 


6,482 


6,114 


390 


6,504 


-22 


Monthly 






















1952— Apr. 


471.2 


94.8 


566.0 


15.4 


38.1 


543.3 


517.7 


29.7 


547.4 


-4.1 


May 


496.0 


103.4 


599.4 


11.3 


44.5 


566.2 


531.7 


31.7 


563.3 


2.9 


June 


451.9 


99.1 


551.0 


19.8 


54.0 


516.8 


499.9 


29.4 


529.4 


-12.5 


July 


485.5 


94.2 


579.7 


14.9 


50.0 


544.6 


433.9 


30.5 


464.3 


80.3 


Aug. 


486.5 


97.8 


584.3 


10.6 


57.4 


537.5 


449.4 


29.5 


479.0 


58.6 


Sept. 


461.5 


92.3 


553.8 


17.9 


39.6 


532.1 


499.6 


29.1 


528.7 


3.4 


Oct. 


502.8 


97.1 


599.9 


14.5 


50.8 


563.7 


560.5 


32.0 


592.5 


-28.9 


Nov. 


463.4 


89.8 


553.3 


16.8 


43.2 


526.9 


548.7 


31.6 


580.3 


-53.4 


Dec. 


463.4 


86.7 


550.0 


13.7 


29.4 


534.3 


508.7 


36.6 


545.3 


-11.0 


1953— Jan. 


473.6 


93.8 


567.4 


13.3 


26.6 


554.1 


462.9 


31.9 


494.7 


59.4 


Feb. 


439.2 


82.9 


522.1 


18.5 


22.4 


518.2 


455.3 


30.7 


486.0 


32.1 


Mar. 


484.3 


91.9 


576.2 


11.7 


24.9 


563.1 


553.9 


35.0 


588.9 


-25.8 


Apr. 


480.3 


88.2 


568.5 


18.6t 


36.5 


550.6 1 


538.0 


32.0 


570.0 


-19.4t 


May 


480.2 


92.4 


572.6 


14.4 


41.3 


545.7 


565.2 


33.8 


599.0 


-53.4 


June 


463.2 


90.7 


553.9 


13.3 


48.5 


518.7 


501.6 


33.6 


535.2 


-16.4 


July 


491.3 


88.1 


579.4 


13.2* 


54.0 


538.6* 


447.4 


32.4 


479.8 


58.7* 


Aug. 


484.5 


90.8 


575.3 


13.8* 


52.8 


536.4* 


472.5 


31.1 


503.7 


32.7* 



(1) Includes Newfoundland. t Revised. * Preliminary. 



INDEX 1935-39=100 

260 



240 



200 




INDEXES OF INDUSTRIAL PRODUCTION 
NOT SEASONALLY ADJUSTED 



280 290 — 



DEC. 



JUNE 



240 250 



200 210 — 



DEC. DEC. 




INDEX 1935-39=100 

290 



250 



JUNE 



DEC. 




210 270 



170 230 



130 190 




DEC. 



DEC. 



JUNE 



DEC. 



SEPTEMBER 1953 



Thousands of Units 



158 



XV— NEW PASSENGER AUTOMOBILE STATISTICS 



(I) 





Canadian Passenger 


Imports 


of New Passenger 




Domestic Retail 








Automobiles 


Automobiles 


(2) 


Total 

Domestic 

Supply 


Sales 


Apparent 
Change 

In 
Stocks 

(6) 


Total 
Regis- 
trations 
(New and 
Used) 




Produc- 
tion 


Less: 

Exports 


Available 

for 

Domestic 

Market 


From 
U.S.A. 


From 
U.K. and 
ail other 


Total 
Imports 


Total 


% 
Financed 

(3) 


Annual Totals 
1939 


108.4 


38.5 


69.8 


15.6 


.4 


16.1 


85.9 


90.1 


41. 4<-*^ 


- 4.2 


1,190.0 


1946 


91.9 


23.5 


68.4 


18.1 


.6 


18.6 


87.1 


77.7 


14.3 


+ 9.3 


1,234.0 


1947 


167.4 


41.6 


125.9 


33.6 


1.9 


35.5 


161.4 


159.2 


17.2 


+ 2.2 


1,370.2 


1948 


167.8 


27.3 


140.5 


2.8 


14.2 


17.0 


157.5 


145.7 


10.5 


-fll.9 


1,496.8 


1949 


193.0 


17.5 


175.6 


3.6 


31.7 


35.3 


210.8 


202.3 


26.3 


+ 8.5 


1,672.4 


1950 


282.7 


24.1 


258.6 


3.2 


78.5 


81.7 


340.2 


324.9 


29.9 


-1-15.3 


1,907.2 


1951 


289.6 


37.2 


252.4 


14.1 


25.7 


39.8 


292.2 


275.7 


29.6 


+ 16.5 


2,097.6 


1952** 
Quarterly 
1950 — I 


284.6 
64.9 


41.7 
3.7 


243.0 
61.2 


13.8 
.5 


19.8 
16.9 


33.7 

17.4 


276.6 
78.7 


292.1 
72.5 


42.8 
25.8 


-15.5 
+ 6.2 


2,296.5 


II 


73.6 


6.8 


66.8 


.6 


23.6 


24.3 


91.0 


93.9 


30.7 


- 2.9 




III 


71.9 


6.2 


65.7 


.6 


19.5 


20.1 


85.8 


84.8 


32.1 


+ 1.0 




IV 


72.3 


7.4 


64.9 


1.4 


18.5 


19.9 


84.8 


73.7 


30.4 


+ 11.0 




1951 — I 


91.9 


3.6 


88.3 


6.0 


8.4 


14.3 


102.6 


97.8 


23.2 


+ 4.8 




II 


86.6 


8.6 


78.1 


5.9 


16.7 


22.6 


100.7 


83.8 


27.0 


+ 16.9 




III 


59.0 


11.0 


48.0 


1.6 


3.0 


4.6 


52.6 


53.8 


37.6 


- 1.1 




IV 


52.1 


14.1 


38.0 


.6 


-2.3 


-1.7 


36.3 


40.3 


40.2 


- 4.0 




1952**— I 


61.0 


17.9 


43.1 


2.9 


- .7 


2.2 


45.3 


54.9 


35.5 


- 9.6 




II 


85.2 


7.5 


77.6 


4.9 


7.0 


11.9 


89.5 


100.5 


39.4 


-11.0 




III 


69.7 


6.7 


63.0 


3.0 


9.5 


12.5 


75.5 


69.9 


48.4 


+ 5.7 




IV 


68.8 


9.5 


59.2 


3.0 


4.1 


7.1 


66.3 


66.9 


47.8 


- .5 




1953**— I 


98.1 


6.6 


91.5 


5.8 


5.1 


10.8 


102.4 


92.9 


35.0 


+ 9.5 




II 


112.5 


8.5 


103.9 


3.4 


4.9 


8.3 


112.2 


121.1 


38.3 


- 8.9 





Sources: Production, "Ward's Automotive Reports"; Exports and Imports. "Trade of Canada", D.B.S.; Domestic Retail Sales, "New Motor Vehicle Sales and 
Motor Vehicle Financing", D.B.S. Total Registrations, "The Motor Vehicle, 1951", D.B.S. (1) Include Newfoundland commencing in 1949. (2) Less 

re-exports, assumed to be entirely of other than U.S.A. origin. (3) Data on domestic retail sales financed include only financing through sales finance companies. 
(4) Includes new commercial vehicles in 1939. (5) In the hands of manufacturers, wholesalers and retailers. * Not available. ** Preliminary. 



PASSENGER AUTOMOBILE STATISTICS 



(1) 



THOUSANDS OF UNITS 

270 



210 



150 



90 



30 



100 



75 



50 



25 



ANNUAL INCREASC IN REGISTRATIONS 



THOUSANDS Of UNITS UNITS 

270 180 r" 



H -210 MO- ^ H H- 

.illllHU 



TOTAL REGISTRATIONS PER 1000 OF POPULATION 



UNITS 

""1180 



140 



100 



SO 



20 



.*„"«*5» IS'ie 1947 1948 1949 1950 1951 1952 



1936-39 



1946 1947 1946 1949 1950 1951 1952 



PERCENT THOUSANDS 



THOUSANDS 



AUTOMOBILES MORE THAN 5 YEARS OLD, i 

ESTIMATED PERCENTAGE OF TOTAL REGISTRATIONS — 



100 100 



ilUiM Loilll 



ESTIMATED ANNUAL WITHDRAWAL FROM USE "•' 



100 



75 



50 



25 



1946 1947 1948 1949 1950 1951 1952 



1936-39 '^'*^ '9''^ '9'»8 '9'*9 '9^0 1951 1952 



(1) Include Newfoundland commencing in 1949. (2) Registered passenger automobiles more than S years old have been estimated on the 
basis of total registrations less total retail sales of new automobiles in the most recent 5 year period, i.e. no allowance has been made for 
possible non-registration of automobiles less than S years old. (3) Total domestic retail sales less increase in registrations. 



159 



SEPTEMBER 1953 



XVI— U.S.A. ECONOMIC STATISTICS 









U.S. Department of Commerce 






U.S. 


Dept. of Labor 


Federal Reserve 








Govt. 














Average 








Gross 


Change in 


Expend- 


Savings 


Con- 




Retail 


Consumer 


Wholesale 


Hourly 


Total 


Output of 




National 


Business 


iture on 


as a 


struction 


Unem- 


Sales 


Price 


Prices: 


Earnings 


Industrial 


Consumer 




Product 


Inventories 


National 

Security 

(1) 


Percentage 

of 
Disposable 


(3) 


ployment 


(4) 


Index 


All Com- 
modities 


in Manu- 
facturing 
(5) 


Production 

(4) 


Durables 
(4) 




Billions of DolIarsO) 


Income 


Billionsof $ 


Millions 


Billions of $ 


1947-49 - 100 


Dollars 


19J5-39-10O 


1947-49 = 100 


Annual Averages^) 


























1929 


103.8 


1.6 


* 


4.5 


10.8 


1.6 


48.5 


73.3 


61.9 


.57 


110 


* 


1933 


55.8 


-1.6 


* 


-2.7 


2.9 


12.8 


24.5 


55.3 


42.8 


.44 


69 


* 


1937 


90.2 


2.3 


* 


5.5 


7.0 


7.7 


42.2 


61.4 


56.1 


.62 


113 


* 


1946 


211.1 


6.1 


21.2 


7.6 


12.0 


2.3 


102.5 


83.4 


78.7 


1.09 


170 


* 


1950 


286.8 


7.5 


18.5 


5.5 


28.8 


3.1 


143.7 


102.8 


103.1 


1.47 


200 


153 


1951 


329.8 


10.9 


37.4 


7.5 


30.9 


1.9 


158.2 


111.0 


114.8 


1.59 


220 


122 


1952 


348.0 


3.7 


48.9 


7.2 


32.3 


1.7 


164.1 


113.5 


111.6 


1.67 


219 


108 


Monthly 


























1952— May 










2.7 


1.6 


13.9 


113.0 


111.6 


1.66 


211 


105 


June 


345.1 


.7 


49.8 


6.3 


2.9 


1.8 


14.0 


113.4 


111.2 


1.66 


204 


108 


July 










3.0 


1.9 


13.7 


114.1 


111.8 


1.65 


193 


71 


Aug. 










3.1 


1.6 


13.4 


114.3 


112.2 


1.67 


215 


84 


Sept. 


345.3 


4.2 


49.2 


8.2 


3.1 


1.4 


13.6 


114.1 


111.8 


1.70 


228 


121 


Oct. 










3.0 


1.3 


14.2 


114.2 


111.1 


1.71 


230 


125 


Nov. 










2.8 


1.4 


14.0 


114.3 


110.7 


1.72 


234 


134 


Dec. 


361.1 


8.5 


50.5 


7.7 


2.5 


1.4 


14.4 


114.1 


109.6 


1.73 


235 


134 


1953— Jan. 










2.4 


1.9 


14.1 


113.9 


109.9 


1.74 


236 


141 


Feb. 










2.3 


1.8 


14.5 


113.4 


109.6 


1.74 


240 


148 - 


Mar. 


362.0 


2.9 


51.6 


7.2 


2.5 


1.7 


14.4 


113.6 


110.0 


1.75 


243 


148 


Apr. 










2.7 


1.6 


14.3 


113.7 


109.4 


1.75 


241 


148 


May 










2.9 


1.3 


14.4 


114.0 


109.8 


1.76 


240 


144 


June 


372.4** 


8.8** 


53.6** 


6.9** 


3.2 


1.6 


14.5 


114.5 


109.5 


1.76 


240 


143 


July 










3.3 


1.5 


14.5t 


114.7 


110.9 


1.77 


232t 


144 


Aug.** 










3.3 


1.2 


14.1 


115.0 


110.6 


1.77 


236 


140 



(1) Includes stockpiling, atomic energy, and Mutual Defence Assistance in 
addition to strictly military programmes. 

(2) Seasonally adjusted annual rates. 

(3) Value of new work put in place. 

(4) Seasonally adjusted. 



(5) Production workers. 

(6) Quarterly averages for first four columns, 
of "Construction" and "Retail Sales". 

• Not available. 
** Preliminary. 
t Revised. 



Calendar year totals in the case 



VALUE OF IMPORTS FROM U.S.A. 



(I) 



FOODSTUFFS 



APPAREL AND 
HOUSEHOLD FURNISHINGS 



OTHER NON-DURABLE 
CONSUMER GOODS 



DURABLE CONSUMER GOODS 




*^ HALF 1952 
" HALF 1953 



AUTOMOBILES, TRUCKS, 
AND PARTS 



FUELS 



INDUSTRIAL 
RAW MATERIALS 



SEMI-MANUFACTURED 
GOODS FOR INDUSTRY 



CAPITAL EQUIPMENT 



OTHER IMPORTS 



m 



z 



100 



200 300 

MILLIONS or U.S. DOLLARS 



400 



500 



(1) This chart is based on an analysis of U.S. Dept. of Commerce figures for e.xports to Canada, wliich exclude certain items of military sig- 
nificance. For this and other reasons, the figures used on the above chart differ somewhat from the corresponding D.B.S. trade figures. 



SEPTEMBER 1953 



160 



Millions of Dollars 



XVII— EXTERNAL TRADE AND TRADE INDEXES"' 

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



TOTAL EXPORTS (EXCLUDING GOLD) TO<" 


New Gold 


EXPORT INDEXESW 
inAO inn 


















Production 




JJ-TO tW 










Other 


Western 


Central 




Total 


Available 










U.S.A. 


U.K. 


Sterling 


Europe & 


AND 


All 


All 


for 


Total 












Area 
(3) 


Colonies 

(4) 


South 
America 


Other 


Countries 


Export 


Value 


Price 


Volume 


Calendar Years 
























1926 


471 


318 


85 


283 


44 


76 


1,277 


30 


41.0 


70.2 


58.4 


1929 


581 


226 


93 


142 


44 


92 


1,178 


37 


37.5 


64.4 


58.2 


1933 


196 


188 


39 


72 


10 


30 


535 


82 


17.2 


39.9 


43.1 


1937 


394 


386 


97 


94 


25 


49 


1,045 


145 


32.4 


53.4 


60.7 


1947 


1,057 


754 


359 


327 


135 


180 


2,812 


99 


90.2 


91.6 


98.5 


1948 


1,522 


689 


290 


317 


127 


165 


3,110 


119 


100.0 


100.0 


100.0 


1949 


1,524 


709 


305 


254 


132 


99 


3,023 


139 


97.3 


103.3 


94.2 


1950 


2,051 


473 


200 


199 


154 


80 


3,157 


163 


101.4 


108.3 


93.6 


1951 


2,334 


636 


266 


364 


217 


146 


3,963 


150 


127.3 


123.0 


103.5 


1952 


2,349 


751 


291 


468 


281 


216 


4,356 


150 


139.9 


121.8 


114.9 


12 Mths. end'g 
























Aug. 1953 


2,468 


668 


253 


431 


226 


227 


4,272 


155 








Monthly 
























1952-July 


190.6 


70.2 


26.2 


44.8 


22.0 


21.3 


375.1 


14.9 


144.5 


121.2 


119.2 


Aug. 


181.0 


73.0 


22.7 


45.7 


14.5 


14.8 


351.7 


9.6 


135.2 


120.7 


112.0 


Sept. 


196.6 


44.1 


18.9 


47.7 


18.9 


16.1 


342.3 


12.8 


131.5 


120.1 


109.5 


Oct. 


210.9 


51.4 


17.0 


52.1 


27.0 


20.9 


379.3 


10.1 


145.9 


120.5 


121.1 


Nov. 


213.3 


61.5 


24.7 


42.7 


22.7 


26.9 


391.8 


13.6 


151.1 


120.4 


125.5 


Dec. 


224.5 


47.7 


19.6 


45.2 


23.3 


33.6 


393.9 


13.5 


152.0 


119.1 


127.6 


1953-Jan. 


191.7 


49.5 


17.7 


22.4 


18.8 


20.8 


321.3 


16.0 


123.8 


119.8 


103.3 


Feb. 


176.8 


36.4 


23.1 


19.5 


13.6 


10.2 


279.6 


16.1 


107.5 


119.3 


90.1 


Mar. 


206.4 


38.8 


18.4 


17.9 


17.7 


13.8 


313.0 


15.6 


120.1 


119.4 


100.6 


Apr. 


192.3 


45.3 


18.0 


21.8 


17.0 


10.4 


304.8 


11.7 


117.5 


119.5 


98.3 


May 


224.2 


68.5 


24.0 


38.5 


15.5 


14.3 


385.0 


12.0 


148.4 


118.6 


125.1 


June 


218.2 


77.3 


27.7 


52.0 


21.4 


19.4 


416.0 


13.7 


160.6 


119.2 


134.7 


July 


212.7 


81.3 


24.7 


43.8 


17.0 


18.8 


398.3 


9.3t 


153.4 


118.7 


129.2 


Aug. 


199.9 


67.2 


19.4 


26.7 


12.1 


21.6 


346.9 


10.7 











TOTAL IMPORTS (EXCLUDING GOLD) FROM 






Excess of 


IMPORT INDEXES (5) 


















Merchandise 
Exports 

OVER 




1948 '•wo 










Other 


Western 


Central 




Total 














U.S.A. 


U.K. 


Sterling 


Europe & 


AND 


All 


All 


Merchandise 


Total 




Physical 








Area 


Colonies 


South 


Other 


Countries 


Imports 


Value 


Price 


Volume 








(3) 


(4) 


America 














Calendar Years 
























1926 


669 


165 


47 


71 


33 


23 


1,008 


269 


38.1 


68.9 


55.3 


1929 


894 


195 


59 


90 


33 


28 


1,299 


- 121 


49.1 


63.0 


77.9 


1933 


217 


98 


34 


32 


10 


10 


401 


134 


15.1 


43.7 


34.6 


1937 


491 


147 


87 


43 


21 


20 


809 


236 


30.6 


50.8 


60.2 


1947 


1,975 


189 


158 


64 


159 


29 


2,574 


238 


97.6 


88.0 


110.9 


1948 


1,806 


300 


194 


77 


223 


37 


2,637 


473 


100.0 


100.0 


100.0 


1949 


1,952 


307 


187 


83 


193 


39 


2,761 


261 


104.7 


102.6 


102.0 


1950 


2,131 


404 


242 


114 


215 


68 


3,174 


- 17 


120.4 


110.3 


109.2 


1951 


2,813 


421 


309 


181 


275 


86 


4,085 


- 122 


154.8 


126.2 


122.7 


1952 


2,977 


360 


186 


157 


285 


66 


4,031 


326 


152.3 


110.3 


138.1 


12 Mths. end'g 
























June 1953 


3,192 


418 


170 


166 


285 


66 


4,298 


- 44 








Monthly 
























1952-June 


235.3 


31.6 


16.8 


12.5 


23.2 


4.9 


324.3 


56.5 


147.0 


109.6 


134.1 


July 


246.6 


34.1 


16.8 


11.8 


27.7 


6.2 


343.2 


32.0 


155.9 


107.9 


144.5 


Aug. 


212.8 


32.4 


14.3 


12.4 


24.3 


6.7 


302.9 


48.9 


137.5 


106.6 


129.0 


Sept. 


255.1 


31.5 


19.5 


14.2 


21.9 


6.9 


349.1 


- 6.8 


158.3 


106.7 


148.4 


Oct. 


275.2 


37.1 


16.8 


15.5 


26.7 


5.1 


376.4 


3.0 


170.8 


107.8 


158.4 


Nov. 


264.2 


35.3 


15.9 


17.3 


24.6 


6.1 


363.4 


28.3 


164.4 


108.2 


151.9 


Dec. 


265.2 


28.0 


10.1 


13.0 


22.6 


6.2 


345.1 


48.8 


155.8 


108.5 


143.6 


1953-Jan. 


249.2 


30.6 


9.4 


10.3 


21.2 


7.0 


327.8 


- 6.6 


147.5 


108.4 


136.1 


Feb. 


241.0 


27.2 


8.9 


8.9 


20.9 


3.1 


310.0 


-30.4 


140.5 


108.1 


130.0 


Mar. 


272.8 


37.6 


11.0 


11.9 


22.1 


4.7 


360.1 


-47.1 


163.4 


109.0 


149.9 


Apr. 


297.3 


37.9 


12.6 


17.3 


22.8 


3.9 


391.8 


-87.0 


177.9 


109.1 


163.1 


May 


312.3 


43.5 


17.6 


15.4 


27.7 


4.1 


420.6 


-35.6 


190.5 


108.9 


174.9 


June 


299.8t 


42.8t 


17.1 


17.0 


23.3 


6.3 


406.3t 


9.7t 








July* 


289.7 


46.6 










407.6 


- 9.3 









(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. Prior to 1947 wheat exports 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, 1951 and 1952 amounted to 
56.8, 109.1, and 100.9t million dollars respectively. 

(3) Consists of U.K. Dependencies, Union of South Africa, Eire, India, 



Pakistan, Burma, Australia, New Zealand, Iceland, Jordan, Libya, 
Ceylon and Iraq. 

(4) Excludes Spain, but includes Greece and Turkey. 

(5) Excludes exports of foreign produce. Price indexes are based largely on 
unit values derived from the Customs' entries. Price indexes prior to 
1948 are converted from 1935-39 = 100. 

* Preliminary, 
t Revised. 



161 



SEPTEMBER 1953 SEPTEMBER 1953 

XVIII— MERCHANDISE EXPORTS: COMMODITY CLASSIFICATION' 



162 



Millions of Dollars 
















o 


u/ityitciijni 


in 1 raue c 


J L.UTIUUU, 


i^c?m*«frt/« 


■' 




















Millions of Dollars 




Fruits 

and 

Vegetables 


Wheat 

and 
Wheat 
Flour") 


Oats 


other 

Grains 

and 

Products 


Live 
CatUe 


Bacon 
and 
Hams 


Other 
Meats 


Cheese 


Other 

Milk 

Products 


Efigs 


Seeds 


Other 

Farm(3) 

(ind. 

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 


AlcohoUc 
Beverages 


Rubber 
& Products 

(incl 
synthetic) 




Calendar Years 
1926 


21 


435 


10 


37 


13 


23 


9 


25 


16 


1 


9 


25 


11 


25 


19 


10 


62 


14 


52 


114 


7 


27 


25 


26 


Calendar Years 
1926 
1929 
1933 
1937 


1929 


18 


302 


5 


26 


14 


7 


9 


19 


10 


— 


4 


24 


12 


24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1933 


17 


142 


2 


12 


4 


8 


3 


8 


3 


- 


1 


12 


7 


13 


12 


4 


17 


5 


23 


69 


3 


10 


9 


8 


1937 


16 


182 


2 


25 


16 


33 


9 


13 


5 


- 


5 


23 


12 


16 


18 


7 


45 


12 


42 


126 


10 


20 


21 


18 


1947 


32 


462 


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 


368 


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 


419 


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 


555 


54 


105 


63 


4 


69 


10 


11 


4 


28 


59 


53 


64 


30 


14 


312 


68 


365 


536 


38- 


65 


56 


29 


1951 


1952 


21 


737 


68 


199 


4 


3 


46 


1 


15 


5 


33 


54 


53 


60 


24 


31 


296 


65 


292 


592 


30 


61 


57 


18 


1952 


12-Mths. ending 
July 1953 


21 


740 


54 


214 


8 


5 


50 


2 


14 


4 


33 


51 


52 


62 


23 


30 


288 


52 


243 


610 


20 


61 


61 


9 


12-Mth3. endinj 
July 1953 


Monthly 
1952— Mar. 


1.3 


42.9 


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 


Monthly 
Mar.- 1952 


Apr. 


.6 


58.5 


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 


May 


.6 


69.3 


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 


June 


.6 


75,8 


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 


July 


1.5 


82.4 


11.1 


22.6 


- 


.2 


10.2 


.1 


1.4 


.7 


1.4 


2.6 


5.7 


5.2 


1.1 


3.1 


19.1 


5.4 


18.9 


48.7 


1.9 


2.7 


3.9 


.6 


Aug. 


2.4 


70.4 


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, 


Sept. 


2.2 


49.7 


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 


Oct. 


3.6 


64.9 


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. 


Nov. 


2.7 


67.1 


4.6 


25.7 


- 


.3 


6.9 


.2 


1.6 


.4 


5.4 


4.1 


5.3 


5.2 


.4 


2.9 


28.9 


4.9 


20.9 


57.1 


2.1 


6.4 


7.2 


.5 


Nov. 


Dec. 


1.7 


82.2 


11.9 


33.3 


- 


.3 


3.3 


.1 


1.6 


.9 


6.6 


4.2 


3.0 


5.7 


5.8 


3.6 


20.1 


4.0 


21.0 


49.0 


1.7 


7.6 


7.4 


.9 


Dec. 


1953— Jan. 


1.5 


45.7 


2.1 


7.4 


_ 


.2 


3.2 


.1 


.7 


.9 


3.7 


4.5 


3.8 


4.5 


3.2 


2.0 


19.8 


3.6 


20.0 


52.4 


1.8 


3.5 


5.0 


.9 


Jan.-1953 


Feb. 


1.4 


35.4 


1.6 


5.6 


- 


.2 


2.6 


.2 


.5 


.2 


3.3 


5.4 


4.3 


4.6 


2.2 


1.5 


18.6 


3.4 


16.4 


42.5 


1.3 


4.3 


3.9 


.8 


Feb. 


Mar. 


1.8 


30.8 


1.3 


5.9 


1.3 


.5 


4.9 


.5 


.8 


.2 


2.4 


5.5 


4.5 


4.6 


1.7 


1.7 


25.6 


3.6 


19.9 


49.5 


1.6 


4.9 


5.5 


.9 


Mar. 


Apr. 


.8 


40.8 


3.8 


9.9 


1.4 


.5 


4.8 


1.0 


.6 


.1 


2.9 


3.2 


2.7 


3.7 


1.8 


1.1 


25.8 


1.7 


19.2 


44.4 


1.7 


4.8 


3.6 


1.0 


Apr. 


May 


.4 


70.3 


5.8 


19.7 


1.6 


.6 


5.2 


- 


.9 


.1 


1.2 


3.5 


3.1 


8.5 


2.0 


1.1 


22.5 


2,2 


21.5 


56.8 


1.5 


4.3 


4,8 


.9 


May 


June 


.7 


100.7 


3.6 


20.6 


1.7 


.7 


3.9 


.1 


1.0 


.1 


.5 


4.0 


4.0 


6.5 


2.1 


1.9 


27.3 


3.1 


22.1 


50.3 


1.6 


5.0 


4,9 


.9 


June 


July 


1.7 


81.7 


4.5 


21.5 


2.0 


.7 


6.6 


- 


1.1 


.1 


1.2 


7.4 


5.6 


4.8 


1.3 


2.0 


24.4 


4,8 


21.3 


55.2 


1.9 


4.4 


5,1 


.7 


July 



other 

Fibres 

& Textiles 

(exd. raw 

wool) 



5 
11 

35 
35 
19 
20 
28 
21 

14 

2.9 
2.9 
2.1 
2.3 
1.4 
.7 
1.0 
1.1 
1.1 
1.2 

1.0 
1,2 
1.1 
1.7 
1.1 
1.6 
1.4 



Farm 
Imple- 
ments & 
Machinery 



Machinery 

(exd. 
agriculture) 



17 

20 

1 

10 

42 
74 
93 
88 
106 
105 

90 

12.1 
10.8 
11.5 
9.7 
6.6 
5.8 
5.6 
6.7 
6.2 
6.5 

9.4 
9.8 
11.1 
8.1 
7.9 
7.7 
5.1 



7 
3 
11 

41 
41 
32 
26 
40 
47 

43 

4.7 
4.8 
3.4 
3.4 
4.6 
2.7 
3.9 
3.9 
4.4 
4.2 

2.7 
3.2 
3.7 
3.2 
3.8 
2.9 
4.1 



Autos, 
Trucks 
& Parts 



38 
47 
10 
27 

92 
55 
39 
40 
79 
111 

81 

13.2 
8.4 
8.1 

7.1 
4.1 
2.8 
8.2 
9.9 
8.0 
4.7 

6.7 
7.4 
6.1 
6.2 
5.9 
8.8 
5.8 



Other 
Vehides 
& Parts 



15 

21 

23 

5 

3 

4 



Other 

Iron and 

Steel 



16 
16 
8 
18 

84 
91 
106 
92 
113 
139 

160 

10.9 
8.1 

10.4 
9.9 
11.0 
12.9 
12.0 
13.1 
15.7 
13.4 

11.6 
7.3 
11.0 
12.1 
16.3 
16.3 
18.9 



Electrical 
Apparatus 



2 
3 
2 

4 

19 
17 
12 
11 
18 
34 

45 

4.3 
3.4 
3.3 
2.1 
2.1 
1.8 
3.0 
2.7 
3.3 
4.2 

4.4 
3.5 
2.9 
3.1 
7.7 
5.9 
2.6 



Aluminum 

and 
Products 



7 

15 



19 



102 
94 
107 
125 
162 

174 

10.7 
15.4 
18.9 
18.9 
10.1 
15.5 
14.4 
15.1 
13.2 
12.9 

12.6 
13.3 
17.9 
10.9 
14.8 
17.7 
15.5 



Copper 

and 
Products 



15 
37 
17 
56 

59 
79 
87 
88 
87 
119 

134 

10.6 
11.2 
12.4 
9.4 
9.9 
11.9 
11.5 
10.9 
11.0 



10.8 
13.6 
10,2 
10.5 
12.8 
12.1 
12.2 



Lead 

and 

Products 



14 
11 
5 
18 

31 
35 
42 
38 
45 
50 

43 

4.5 
4.2 
4.1 
3.6 
5.2 
3.8 
4.5 
4.7 
4.6 
2.5 

4.5 
2.5 
4.2 
4.1 
2.4 
3.5 
1.7 



Nickel Precious 

and Metals 

Products (ex. gold) 



12 
26 
23 
59 

60 
74 
92 
105 
137 
151 

154 

13.0 
13.9 
15.1 
11.9 
13.8 
12.8 
12.5 
10.9 
13.1 
9.5 

14.4 
12.7 
13.8 
13.9 
12.9 
13.9 
13.5 



14 
12 
7 
19 

23 
25 
28 

34 
49 
47 

43 



4.4 
4.8 
2.9 
5.1 
3.1 
3.0 
3,6 
3.4 
3.5 

4.3 
3.5 
3.4 
4.3 
4.3 
3.0 
3.9 



Zinc 

and 

Products 



5 
15 

30 
42 

56 
59 
84 
97 

71 

11.6 
9.7 
7.7 

10.5 
8.2 
6.0 
5.8 
7.4 
6.5 
5.5 

8.4 
5.0 
6.1 
5.2 
5.9 
5.1 
4.3 



Other 
Non- 
ferrous 
Metals 



2 
5 
2 
5 

17 
22 
15 
16 
25 



42 

4.6 
3.9 
5.9 
3.8 
2.9 
2.5 
4.7 
4.1 
3.4 
4.9 

3.4 
2.4 
2.8 
3.2 
4.1 
3.5 
2.9 



11 
13 
6 
15 

33 
42 
37 
63 
82 



87 

7.1 
8.0 
8.7 
7.7 
6.7 
7.4 
7.7 
7.1 
6,6 
9.4 

6.2 
5.9 
7.1 
6.5 
8,3 
7.9 



Other 




Non- 




metallic 




Minerals 




16 


5 


17 


7 


8 


3 


16 


7 


42 


34 


53 


36 


36 


39 


40 


39 


50 


36 


56 


42 


56 


44 


4.1 


4,2 


3.6 


4.0 


7.3 


3.5 


5.4 


3.0 


5.1 


3.4 


4.1 


3.3 


4.5 


3,6 


4.1 


3,8 


4.3 


3.3 


4.7 


3.5 


4.1 


3.8 


4.1 


4.2 


4.9 


3.8 


4.9 


3.6 


5.6 


4.1 


5.1 


4.1 


5,8 


3.0 



Other 
Chemicals 
& Products 



12 
14 
10 
15 



43 
31 
62 



7.5 
7.0 
7.4 
6.4 
5.3 
6.8 
6.5 
6.4 
7.0 
6.1 

7.9 
6.5 

7.8 
7.0 
8.5 
8.4 
8.7 



Ships 

and 

Vessels 



84 
42 
23 



.1 

1.1 
1.1 
1.1 
3.3 
1.1 

.1 
1.4 
1.1 

.1 

2.0 
1.3 

.5 
.1 

.8 

3,8 

.5 



Aircraft 
and 
Parts 



11 
25 

■4 

8 

38 

33 

5.6 
5.1 

4.7 
5.0 
4.5 
1.7 
2.4 
2.2 
2.4 
2.0 

1.8 
1.3 
1.6 
2.7 
5.3 
4.3 
5.3 



All 
Other 
Exports 



45 
33 
15 
27 

94 
93 
81 
59 
73 
79 



6.2 
7.2 
6.5 
6.0 
5.1 
7.2 
7.0 
7.6 
7.2 

5,8 
5.7 
7.2 
7.4 
8.1 
7,2 
10,3 



New Gold 
Production 
Available 
for Export 



30 
37 
82 
145 



119 
139 
163 
150 
150 

154 

15.0 
11.2 

8.5 
14.6 
14.9 

9.6 
12.8 
10.1 
13.6 
13.5 

16.0 
16.1 
15.6 
11.7 
12.0 
13.7 
9.3 



Total 

Exports 

(Including 

gold) 



1,292 

1,190 

611 

1,176 

2,874 
3,195 
3,132 
3,281 
4,065 
4,452 

4,374 

369.6 

359.6 

391.1 

391.3 

385.3 

356.2 

349.8 

384.0 

400.8 ■ 

403.0 

333.3 
291.6 
323.4 
312.7 
392.3 
425.4 
402.4 



Calendar Yean 
1926 
1929 
1933 
1937 

1947 

1948 

1949 

1950 

1951 

1952 

12-Mths. ending 

July 1953 

Monthly 
Mar.-1952 
Apr.. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.-1953 

Feb. 

Mar. 

Apr. 

May 

June 

July 



^^^tisr^^^-i^'^h. 2oS. 2i^V2oii"2oir2iK%^T2&%s°!iii,^^^^^^^^^^ Aii.'ti^j^tn^r "^-^ '"""' '" "^"'' °' ^''^''' ""'" ""' '""'""' ""■ ""• ""■ ""■ ""• "'"• ""'^''"'' '""• '""■ '""■ """• "*"' ''"• '""• "'°' '''"■ 



TATISTICAL SUMMARY 

BANK OF CANADA \ 



Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 163 - 164 

II Chartered Banks: 

Liabilities and Assets 163 - 164 

III General Public Holdings of Certain Liquid Assets 165 - 166 

IV Chartered Banks: 

Estimated Quarterly Classification of Loans in Canada .... 167 

Chartered Banks: Agricultural, Industrial and Commercial Loans 168 

V Chartered Banks: 

Annual Classification of Public Demand and Notice Deposits 

in Canadian Currency 168 

VI Bond Issues and Retirements 169 

VII Government Bond Yields and Treasury Bill Rates 170 

VIII Canadian Gold Statistics 170 

IX Public Finance : Provincial Governments 

Outstanding Debt 171-172 

Current Revenue 173 

Current Expenditure 174 

X Foreign Exchange Rates 175 

United States Dollar in Canadian Funds 175 

XI Official Holdings of Gold and U.S. Dollars 175 

XII Price Indexes 176 

XIII Employment and Labour Income 176 

XIV Volume of Industrial Production 177 

XV U.S.A. Economic Statistics 177 

XVI External Trade and Trade Indexes 178 

XVII Merchandise Exports: Commodity Classification BY Volume . . . 179 

XVIII Merchandise Imports: Commodity Classification BY Volume , . . 180 



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 1953 



163 
















OCTOBER 1953 


OCTOBER 1953 
















164 




















[—BANK 


OF CANADA 
















Millifin^ of Dollcrs 


































Millions of Dollars 




LIABILITIES 








ASSETS 










Chartered Banls 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 yre. 




As at Dec. 31 
1935 
1937 
1939 




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 


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 . 


1946 
1947 
1948 
1949 
1950 
1951 
1952 


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 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 




- 


77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


1952 


End of 

1952— July 

Aug. 
Sept. 
Oct 


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 


End of 
July— 1952 


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. 


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. 


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 


- 


- 


67.6 


1,214.3 


957.3 


25.0 


12.4 


2,208.9 


- 


34,8 


Nov. 


Dec. 


272.5 


626.6 


899.1 


16.2 


44.5 


82.9 


1,288.7 


50.0 


2,381.4 






77.2 


1,459.8 


767.2 


25.0 


13.0 


2,265.0 


- 


39.2 


Dec. 


1953 — Jan. 


213.4 


603.1 


816.5 


40.5 


47.6 


70.2 


1,266.2 


60.0 


2,300.9 






64.4 


1,351.2 


803.0 


25.0 


13.4 


2,192.6 


_ 


43.8 


Jan.— 1953 


Feb. 


191.5 


668.0 


859.5 


88.6 


51.4 


77.4 


1,281.3 


31.8 


2,390.1 


- 


- 


72.1 


1,411.9 


817.5 


25.0 


14.2 


2,268.6 


- 


49.5 


Feb. 


Mar. 


232.3 


601.1 


833.4 


60.6 


66.5 


71.0 


1,261.1 


34.1 


2,326.7 


— 


- 


65.7 


1,371.0 


810.9 


25.0 


14.5 


2,221.3 


- 


39.8 


Mar. 




232.7 


646.7 


879.3 


48.3 


76.8 


73.4 


1,272.1 


37.2 


2,387.2 


- 


- 


68.1 


1,436.6 


796.0 


25.0 


15.0 


2,272.7 


- 


46.4 


Apr. 


May 


210.4 


594.9 


805.4 


45.6 


72.1 


64.8 


1,307.5 


50.1 


2,345.4 


- 


- 


59.4 


1,364.8 


821.4 


25.0 


15.5 


2,226.7 


- 


59.3 


May 


June 


239.0 


647.6 


886.7 


47.9 


82.6 


72.0 


1,290.0 


44.9 


2,424.2 


- 


- 


66.5 


1,405.5 


852.0 


25.0 


15.5 


2,298.1 


- 


59.5 


June 


July 


214.2 


646.6 


860.8 


43.8 


68.7 


80.9 


1,333.0 


65.4 


2,452.6 


- 


- 


75.0 


1,451.6 


838.5 


25.0 


15.7 


2,330.8 


- 


46.7 


July 


Aue. 


247.7 


617.8 


865.5 


66.4 


35.2 


73.3 


1,302.0 


53.1 


2,395.4 


_ 


— 


67.5 


1,414.0 


830.9 


25.0 


15.8 


2,285.8 


- 


42.1 


Aug. 


Sept. 


262.0 


616.9 


878.9 


15.4 


37.8 


74.9 


1,290.5 


63.0 


2,360.5 


~ 


~ 


69.1 


1,385.7 


824.9 


25.0 


16.1 


2,251.7 


" 


39.8 


Sept. 



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



Millions of Dollars 



II— CHARTERED BANKS 

Bank of Canada 



As at Dec. 31 
1926 
1929 
1933 
1937 
1947 
1949 
1950 
1951 
1952 
End of 
1952— Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1953— Jan. 
Feb. 

Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 



LIABILITIES 



Notes 



175 
175 
132 
102 
18 
14 



Deposits 



Public 
Demand 


Notice 


Govt, of 

Canada 

and Prov. 


609 


1,373 


31 


729 


1,434 


92 


502 


1,357 


61 


699 


1,583 


53 


2,296 


3,740 


376 


2,426 


4,333 


367 


2,770 


4,558 


500 


2,963 


4,612 


322 


3,242 


4,924 


255 


2,895 


4,870 


311 


3,026 


4,901 


264 


3,068 


4,901 


351 


3,106 


4,916 


269 


3,242 


4,924 


255 


2,974 


4,945 


270 


2,949 


5,008 


352 


2,936 


5,067 


455 


3,115 


5,107 


419 


3,040 


5,100 


346 


3,143 


5,126 


365 


3,049 


5,152 


295 


3,139 


5,206 


306 


3,150 


5,226 


316 



Canadian 
Deposits 



2,025 
2,270 
1,933 
2,387 
6,473 
7,348 
7,997 
8,088 
8,623 

8,241 
8,395 
8,529 
8,501 
8,623 

8,357 
8,471 
8,618 
8,827 
8,681 
8,852 
8,694 
8,815 



Foreign 



Total 
Deposits 



334 
442 
322 
409 
824 
730 
735 
795 



847 



835 

865 



845 
876 



915 
908 
904 



872 
879 



2,410 
2,820 
2,294 
2,819 
7,406 
8,177 
8,867 
9,003 
9,570 

9,160 
9,333 
9,445 
9,435 
9,570 

9,275 
9,437 
9,586 
9,815 
9,656 
9,822 
9,640 
9,755 
9,834 



ASSETS 



Cash 
in (3) 
Canada 



228 
228 
196 
250 
720 
753 
810 



812 
826 
863 
812 
899 

817 
860 
833 
879 
805 
887 
861 
865 
879 



Securities 



Govt, of 
Canada 



Prov- Foreign 
incial Govt. 



3,112 
3,079 
2,754 
2,784 

3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 
2,915 
2,854 
2,787 
2,813 
2,843 



304 

297 

651 

1,111 

3,116 



445 
416 
355 
379 

326 
368 
380 
392 
379 

330 
322 
308 
309 
320 
310 
297 
299 
301 



Other 



Total 



180 
151 
210 



59 
271 
242 
193 
200 
255 

244 
262 
233 
230 
255 



250 
236 
248 
252 
254 
257 
243 
251 



522 
529 
514 
540 
537 
537 
532 
531 
522 



484 
448 
861 



242 


1,411 


487 


3,874 


545 


, 4,345 


599 


4,286 


567 


3,876 


537 


3,955 


545 


' 4,139 


545 


4,202 


543 


4,147 


545 


4,006 


537 


3,955 



3,981 
4,042 
4,082 
4,135 
4,024 
3,956 
3,872 
3,886 
3,918 



Loans 



151 
262 
106 
76 
105 
133 
134 
107 
155 

147 
135 
130 
121 
155 

135 
141 
140 
152 
138 
123 
125 
135 
110 



970 
1,403 
898 
749 
1,921 
2,174 
2,651 
2,901 
3,188 

2,927 
2,979 
3,096 
3,243 
3,188 

3,178 
3,181 
3,262 
3,372 
3,402 
3,469 
3,543 
3,621 
3,648 



85 
122 
138 
113 
78 
97 
125 
127 
101 

121 

114 
116 
108 
101 

115 
120 
132 
136 
124 
107 
106 
111 
124 



273 
245 
90 
60 
56 
70 
100 
131 
170 

135 
110 
145 
156 
170 

158 
186 

147 
178 
168 
179 
177 
195 
173 



270 
251 
138 
166 
234 
211 
247 
278 
264 

255 
265 
263 
273 
264 



265 
274 
270 
273 
270 
254 
251 
251 



Total 
Assets 



2,940 
3,521 
2,816 
3,281 
7,974 
8,718 
9,496 
9,610 
10,157 

9,728 
9,907 
10,042 
10,038 
10,157 

9,872 
10,034 
10,182 
10,416 
10,242 
10,398 
10,210 
10,318 
10,398 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




Canada 


Deposits 


Canadian 


Note (5) 




w 


Deposits 


Circulation 












Aver, of Daily Figures 


192 


1,958 


9.8 


195 


1926 


191 


2,293 


8.3 


205 


1929 


189 


1,941 


9.8 


157 


1933 


240 


2,357 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


746 


7,178 


10.4 


1,087 


1949 


755 


7,487 


10.1 


1,085 


1950 


791 


7,759 


10.2 


1,132 


1951 


845 


8,110 


10.4 


1,207 


1952 


848 


8,200 


10.3 


1,222 


Aug. -1952 


855 


8,183 


10.5 


1,231 


Sept. 


868 


8,393 


10.3 


1,246 


Oct. 


848 


8,443 


10.0 


1,255 


Nov. 


840 


8,314 


10.1 


1,282 


Dec. 


906 


8,426 


10.8 


1,230 


Jan.— '1953 


889 


8,296 


10.7 


1,232 


Feb. 


883 


8,407 


10.5 


1,245 


Mar. 


869 


8,618 


10.1 


1,257 


Apr. 


880 


8,699 


10.1 


1,269 


May 


865 


8,529 


10.1 


1,268 


June 


875 


8,685 


10.1 


1,286 


July 


874 


8,669 


10.1 


1,295 


Aug. 


878 


8,651 


10.1 


1,294 


Sept. 



!J,ll rt'iTrf^i'°f ..'"°5';;^'i'',olE°«" T^^^'J? Canadian currency. (2) Includes inter-banic deposits. (3) Until March 1935. Gold and Coin in Canada Domin ion Notes and "Free" Central Gold Reserve Decosits: after that date. Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated month- 

]t^^'^ll:'^iS^,'?ol'^;i^^^^S^^U:Hf:. Si1.;S llc^ii'^^^.J^,o%t£?h^.lr6'S^i ^i^^"" ^"^ """' J-"-vS%"lo'?hSfered Tan''fcrtJ'"cUSon,''tTe'?a'tt°e?'tfnrSt\r°l?;tember 1944. an approximate figure only. (6) Notes issued for crculat.on outs.de Canada only commencing .n 



165 




















OCTOBER 1953 


OCTOBER 1953 




















166 
















III— GENERAL PUBLIC HOLDINGS 


OF CERTAIN LIQUID ASSETS* 
















■ 














CURRENCY, Bank Deposits and 


Government of Canada Securities 














Millions of Dollars 
















Bank of 


Canada 










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<') 

Chartered 

Bank 

Notice 

Deposits 


Total 

Currency 

and 

Bank 

Deposits 

Total 
Related 


Related Bank Assets 






Currency 
Outside Banks 






Active Bank Deposits 


(1) 




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 


Less: 

All 

Other 


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 
(1) 


Loans 

(6) 


Securities 

(«) 


Total 


holdings 
(net) 


(net) 

(7) 






33 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 


as at Dec. 31 
1949 


1960 


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 


1952 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


1952 


End of 

1952— 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.-1952 


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. 


Nov. 


1,294 


89 


1,383 


3,106 


790 


403 


4,299 


618 


3,681 


65 


3,746 


5,129 


4,125 


9,254 


5,011 


92 


4,919 


3,471 


937 


4,408 


1 


74 


4,335 


Nov. 


Dec. 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


Dec. 


1953— Jan. 


1,266 


87 


1,353 


2,974 


805 


371 


4,150 


540 


3,610 


48 


3,658 


5,011 


4,139 


9,150 


5,017 


108 


4,909 


3,428 


852 


4,280 


2 


40 


4,242 


Jan.-1953 


Feb. 


1,281 


88 


1,369 


2,949 


816 


363 


4,128 


547 


3,581 


51 


3,632 


5,001 


4,192 


9,193 


5,169 


239 


4,930 


3,442 


851 


4,293 


2 


32 


4,263 


Feb. 


Mar. 


1,261 


88 


1,349 


2,936 


824 


450 


4,210 


585 


3,625 


67 


3,692 


5,041 


4,242 


9,283 


5,205 


225 


4,980 


3,534 


822 


4,356 


2 


55 


4,303 


Mar. 


Apr. 


1,272 


89 


1,361 


3,115 


831 


415 


4,361 


571 


3,790 


77 


3,867 


5,228 


4,276 


9,504 


5,271 


238 


5,033 


3,660 


849 


4,509 


2 


40 


4,471 


Apr. 


May 


1,307 


91 


1,398 


3,040 


832 


403 


4,275 


609 


3,666 


72 


3,738 


5,136 


4,268 


9,404 


5,101 


184 


4,917 


3,664 


857 


4,521 


2 


36 


4,487 


May 


June 


1,290 


88 


1,378 


3,143 


835 


497 


4,475 


722 


3,753 


83 


3,836 


5,214 


4,291 


9,505 


5,112 


134 


4,978 


3,699 


848 


4,547 


2 


22 


4,527 


June 


July 


1,333 


92 


1,425 


3,049 


839 


383 


4,271 


610 


3,661 


69 


3,730 


5,155 


4,313 


9,468 


5,077 


154 


4,923 


3,773 


828 


4,601 


2 


58 


4,545 


July 


Aug. 


1,302 


92 


1,394 


3,139 


851 


323 


4,313 


585 


3,728 


35 


3,763 


5,157 


4,355 


9,512 


5,058 


213 


4,845 


3,867 


829 


4,696 


2 


31 


4,667 


Aug. 


Sept. 


1,291 


92 


1,383 


3,150 


855 


432 


4,437 


622 


3,815 


38 


3,853 


5,236 


4,371 


9,607 


5,053 


92 


4,961 


3,882 


824 


4,706 


2 


62 


4,646 


Sept. 



2. GOVEIWMENT OF CANADA SECURITIES 



Outstanding <w 



Direct Funded Debt 



Unmatured 



Special 
Banking 
Issues'^) 



1,200 
1,500 
1,400 
1,400 

1,500 
1,500 
1,500 
1,400 
1,400 

1,375 
1,500 
1,550 
1,600 
1,400 
1,400 
1,400 
1,400 
1,400 



Other 
market 
Issues 



12,755 
12,586 
12,225 
12,020 

12,172 
12,172 
12,172 
12,021 
12,020 

12,080 
12,080 
12,055 
12,055 
12,055 
12,055 
12,065 
12,075 
12,077 



Non- 
market 
Debt<"°) 



1,227 
1,218 
1,194 
1,250 

1,029 
1,011 
1,032 
1,273 
1,250 

1,237 
1,225 
1,206 
1,190 
1,163 
1,143 
1,126 
1,109 
1,091 



Total 



15,182 
15,304 
14,819 
14,670 

14,701 
14,683 
14,704 
14,694 
14,670 

14,692 
14,805 
14,811 
14,845 
14,618 
14,598 
14,591 
14,584 
14,568 



Matured 

and 

out- 
standing 



53 
51 
21 
19 

20 
19 
19 
19 
19 

19 
18 
20 
19 
17 
17 
17 
18 
18 



Total 



15,235 
15,355 
14,840 
14,689 

14,721 
14,702 
14,722 
14,713 
14,689 

14,710 
14,824 
14,831 
14,864 
14,635 
14,615 
14,608 
14,602 
14,586 



Guar- 
anteed 

Un- 
matured 
Funded 
Debt 



Exchange 
rate ad- 
justment 

(U) 



548 
577 
529 
528 

528 
528 
528 
528 
528 

528 
528 
528 
528 
528 
528 
527 
527 
527 



Total 

(including 
exchange 
rate adjust- 
ment) 



+36 
+ 2 
-27 
-43 



-48 
-45 
-41 
-43 

-43 
-38 
-38 
-36 
-34 
-33 
-35 
-35 
-38 



15,819 
15,934 
15,342 
15,174 

15,201 
15,182 
15,205 
15,199 
15,174 

15,195 
15,314 
15,321 
15,356 
15,129 
15,110 
15,099 
15,093 
15,075 



Distribution!") 



Bank 

of 

Canada 



2,009 
1,942 
2,191 
2,227 

2,156 
2,135 
2,183 
2,172 
2,227 

2,154 
2,229 
2,182 
2,233 
2,186 
2,258 
2,290 
2,245 
2,211 



•if^ The term General Public refers to holdings of non-residents as well as 
residents; for an approximate division between resident and non-resident 
holdings on a quarterly basis see Table III, page 131. 

For a division of resident holdings between corporate and non-corporate 
holdings as at year ends see Statistical Summary September 1952 Table 
Ill-B, pages 145-146. 

(1) Total Canadian dollar deposits of the chartered banks and the Banl; of 
Canada less; (a) Inactive chartered banli notice deposits which consist of 
the estimated aggregate minimum quarterly balances in cliartered 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 



Chartered Govern- 
Banks I ,""«"* 
! Accounts 



3,112 
3,079 
2,754 
2,784 

3,024 
3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 
2,915 
2,854 
2,787 
2,813 
2,843 



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. 

(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 Cl)c. 

(5) For estimated quarterly classification of Canadian loans see Table IV 
page 167. ' 

(6) Provincial, Municipal and "Other" securities. 



796 

847 
1,009 
1,101 

1,052 
1,071 
1,083 
1,096 
1,101 

1,101 

1,096 

1,093 

1,090 

1,183»«> 

1,207 

1,220 

1,236 

1,251 



General 
Public 



9,902 

10,066 

9,388 

9,062 

8,969 
8,948 
8,948 
9,092 
9,062 

9,077 
9,049 
9,022 
8,995 
8,845 
8,791 
8,802 
8,799 
8,770 



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 
5,173 

4,887 
5,015 
5,143 
5,129 
5,173 

5,011 
5,001 
5,041 
5,228 
5,136 
5,214 
5,155 
5,157 
5,236 



Liquid Assets 



Inactive 
Char- 
tered 
Bank 
Notice 

Deposits 



3,751 
3,861 
3,894 
4,129 

4,091 
4,114 
4,113 
4,125 
4,129 

4,139 
4,192 
4,242 
4,276 
4,268 
4,291 
4,313 
4,355 
4,371 



Govt, of Canada 
Securities 



Market 

Issues 

(u) 



8,675 
8,848 
8,194 
7,812 

7,940 
7,937 
7,916 
7,819 
7,812 

7,840 
7,824 
7,816 
7,805 
7,682 
7,648 
7,676 
7,690 
7,679 



Non- 
market 
(») 



1,227 
1,218 
1,194 
1,250 

1,029 
1,011 
1,032 
1,273 
1,250 

1,237 
1,225 
1,206 
1,190 
1,163 
1,143 
1,126 
1,109 
1,091 



Total 



9,902 
10,066 
9,388 
9,062 



8,948 
9,092 
9,062 

9,077 
9,049 
9,022 
8,995 
8,845 
8,791 
8,802 
8,799 
8,770 



Total 
Liquid 
Assets 

Total 
Related 
Factors 



18,075 
18,778 
18,125 
18,365 

17,947 
18,077 
18,204 
18,346 
18,365 

18,227 
18,242 
18,305 
18,499 
18,249 
18,296 
18,270 
18,311 
18,377 



Related Factors"" 



Bank 

Assets 

other than 

Govt, of 

Canada 

Securities 

<H) 



3,233 
3,971 
3,952 
4,310 

3,991 
4,058 
4,219 
4,335 
4,310 

4,242 
4,263 
4,303 
4,471 
4,487 
4,527 
4,545 
4,667 
4,646 



Govt, of 
Can. Debt 
less Govt. 
Deposits & 
holdings of 
Govt. Accts 



14,842 
14,807 
14,173 
14,055 

13,956 
14,019 
13,985 
14,011 
14,054 

13,985 
13,979 
14,002 
14,028 
13,762 
13,769 
13,725 
13,644 
13,732 



as at Dec. 31 

1949 

1950 

1951 

1952 
End of 
Aug.-1952 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.-1953 

Feb. 
Mar. 
Apr. 
May 
June 
July 

Aug. 

Sept. 



(7) 



(12) 



Net of all related asset and liability items of the chartered banks and Bank 
of Canada which are not shown elsewhere in this table; mdudes foreign 
currency items and liabilities to shareholders. . ,.;x 

Net of sinking fund holdings (except as noted in footnote 16). 
Treasury Bills; Deposit Certificates and short-term notes issued directly 
to the Bank of Canada and chartered banks. , „ . „ j 

Refundable Tax. War Savings Certificates and Canada Savings Bonds. 
Adjustment necessary to change value of foreign pay securities from il = 
4.86f U.S.-4.86S Cdn. to current rates of exchange. (Official mid-rates ol 
exchange have been used to September 30, 1950 and market rates thereafter. 
For detailed breakdown of distribution of Government of Canada debt as 
at year-ends see Summary, Sept. 1952, Table IV, pages 145-146. 



(16) 
Note: 



Including any special banking issues held by the general public. 
As shown in "Other Related Bank Assets", Section 1 above. 
The whole of the increase or decrease in Canada 3 foreign exchange 
reserves is embodied in the related factors. To the extent that such 
clianges do not appear in Section 1. "Related Bank Assets", under the 
heading "Bank of Canada Gold and Exchange holdings (net) they 
affect changes in Government of Canada Securities outstanding. 
Including $75 millions of bonds purchased in the New York market 
during May 1953 which are held in a sinking fund account. 
: — Statistics for earlier years and further information with respect to 
■ details of compilation are avaliable from the Research Department, 
Bank of Canada, on request. 



167 



OCTOBER 1953 



Millions of Dollars 



IV— CHARTERED BANKS 
Estimated Quarterly Classification of Loans in Canada'" 

Deparlment of Finance and Bank of Canada 



As AT END OF 



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 products 

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 



1951 



Sept. 



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 



1952 



June 



44.1 

106.7 

42.8 



193.6 

137.5 
93.4 



230.9 

293.0 
218.0 



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 



840.5 

57.5 
160.9 
202.4 
112.3 
460.1 
134.7 



2,252.1 



3,187.6 



Sept. 



6.3 

102.4 

43.3 



152.0 

135.2 
107.5 



242.7 

274.3 
228.0 



502.3 



334.2 

30.3 

22.9 

168.4 

136.5 

14.4 

95.6 

48.0 

32.8 

158.0 

52.8 

53.lt 



812.8 

67.5 
158.7 
186.5 
149.4 
484.0 
139.0 



2,332.1 



3,229.1 



Dec. 



3.8 
91.7 
43.5 



139.0 

154.6 
103.7 



258.3 

403.8 
242.1 



645.9 



308.1 

34.0 

17.9 

184.4 

138.8 

14.5 

95.2 

45.7 

26.8 

138.2 

54.5 

45.2 



795.2 

65,1 
140.7 
257.4 
205.1 
483.7 
146.6 



2,401.9 



3,445.2 



1953 



Mar. 



2.3 

128.0 

44.1 



174.4 

139.8 
112.1 



251.9 

362.7 
253.0 



615.7 



282.8 

33.9 
19.5 

163.7 

154.6 
15.6 

124.4 
58.4 
33.3 

166.3 
60.5 
49.5 



879.8 

52.4 
141.2 
270.7 
189.0 
522.4 
154.6 



2,492.9 



3,535.0 



June 



5.4 
96.7 
43.5 



145.6 

123.0 
122.9 



245.9 

331.4 
283.4 



614.8 



318.4 

33.4 
28.2 

150.5 

155.3 
16.3 

137.3 
53.1 
44.3 

180.0 
56.4 
53.8 



908.6 

67.0 
169.9 
229.1 
243.7 
583.2 
173.9 



2,693.8 



3,700.1 



(1) The figures for September of each year have been published by the Depart- 
ment of Finance; all other figures are estimated. 



(2) 



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



OCTOBER 1953 168 

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 






















1949 


1950 


1951 


1952 


1953 


1949 


1950 


1951 


1952 


1953 


Demand Deposits 






















$1,000 or less 


767.5 


823.6 


852.9 


873.5 


910.8 


185.9 


179.5 


187.2 


197.2 


208.3 


$1,000 to $5,000 


170.0 


158.3 


165.0 


183.1 


194.9 


373.3 


346.7 


363.4 


405.3 


431.6 


$5,000 to $25,000 


47.7 


47.5 


49.7 


56.8 


60.4 


477.0 


478.1 


501.3 


578.7 


608.4 


$25,000 to $100,000 


9.2 


9.8 


10.2 


11.9 


12.6 


425.2 


456.1 


475.7 


550.9 


583.0 


Over $100,000 


2.9 


3.4 


3.3 


4.0 


4.0 


1,143.1 


1,378.8 


1,275.9 


1,470.5 


1,525.7 


Adjustment Items 


- 


- 


- 


- 


- 


- 100.5 


- 130.5 


- 152.3 


- 176.7 


- 207.1 


Total Demand Deposits 


997.3 


1,042.6 


1,081.1 


1,129.2 


1,182.8 


2,504.1 


2,708.7 


2,651.1 


3,026.0 


3,149.9 


Notice Deposits 






















$1,000 or less 


5,962.5 


6,170.1 


6,415.9 


6,665.7 


6,893.7 


997.5 


993.9 


1,021.4 


1,091.5 


1,139.9 


$1,000 to $5,000 


827.6 


817.3 


821.6 


880.5 


956.7 


1,732.2 


1,729.5 


1,737.6 


1,866.3 


2,036.7 


$5,000 to $25,000 


121.5 


130.5 


135.6 


145.9 


163.5 


1,017.3 


1,098.8 


1,143.7 


1,223.4 


1,370.0 


$25,000 to $100,000 


5.8 


6.6 


6.7 


6.9 


7.3 


249.9 


285.9 


289.0 


295.3 


311.3 


Over $100,000 


1.1 


1.2 


1.1 


1.1 


1.1 


405.4 


462.7 


393.1 


415.0 


357.5 


Adjustment Items 


- 


- 


- 


- 


- 


+9.3 


+11.1 


+9.8 


+9.4 


+ 10.6 


Total Notice Deposits 


6,918.4 


7,125.8 


7,380.9 


7,700.2 


8,022.4 


4,411.5 


4,581.9 


4,594.7 


4,900.9 


5,226.0 



CHARTERED BANKS: AGRICULTURAL, INDUSTRIAL AND COMMERCIAL LOANS"^ 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



1250 



1000 



1250 



1000 




(1) Excluding loans to grain dealers. 

(2) Including loans to instalment finance companies. 



169 

VI— BOND ISSUES AND RETIREMENTS^" 

Par Values in Millions of Canadian Dollars^^^ Bank of Canada 



OCTOBER 1953 





I-GovT. OF Canada Direct & 
Guaranteed and Other C.N.R.(3) 




II-Provincial Direct and Guaranteed 




New Issues 


Retirements 


Net New 
Issues 


New Issues 


Retirements 


Net New 




New 


Refunding 


Refunded 


Other 


Issues 


Calendar Years 
1949 
1950 
1951 
1952 


820.7 

2,191.7 

591.6 

827.1 


1,236.7 

2,282.6 

922.1 

956.8 


-416.0 

-90.9 

-330.5 

-129.7 


409.5 
276.9 
329.2 

384.5t 


54.1 

132.2 

90.1 

69.8 


73.5 

131.8 

74.9 

87.5 


78.3 
146.5 
137.2 
101. 8t 


311.8 
130.8 
207.1 
265.0t 


1952—1 
II 


14.9 
9.7 


118.1 
70.2 


-103.2 
-60.5 




151.7 
73.lt 


20.5 
17.5 


15.4 
60.9 


35.1 
23.2 


121.7 
6.5t 


III 
IV 


5.1 
797.4 


58.0 
710.4 


-52.9 
87.0 




57.3 1 
102.5 


29.0 
2.9 


1.5 
9.7 


16.1 

27. 4 1 


68.7t 
68.3 1 


1953—1 
II 
III 


377.4 
10.7 
30.3 


391.3 

74.8 
62.1 


-13.9 
-64.1 
-31.8 




151.7t 
62.4t 
45.9 


29.8t 
3.7 


3.8 

3.7 


32.5t 

27.4 

26.6 


145.lt 
31.3 
23.0 





III-CORPORATIONS 




New Issues 


Retirements 


Net New 
Issues 




New 


Refunding 


Refunded 


Other 


Calendar Years 
1949 
1950 
1951 
1952 


254.9 
438.7 
373.lt 
518.3t 


41.8 
55.6 
15.2 
28.8 


41.8 
55.6 
15.2 
28.8 


86.6 

91.1 

108.5 

134.6t 


168.3 
347.6 
264.6t 

383.7t 


1952—1 
II 


59.3 
251.8t 


1.2t 
5.8 


1.2t 
5.8 


29.1 
34.6 


30.2 
217.3t 


III 
IV 


62.0 

145.2t 


.9 

21.0 


.9 
21.0 


25.9 

45.lt 


36.1 
100.lt 


1953—1 
II 
III 


166.8t 

100.4t 

47.7 


.2 
.4 
.6 


.2 
.4 
.6 


33.9t 
17.lt 
19.3 


132.9t 

83.2t 
28.5 



I+II+III 



Net New 
Issues 



64.0 
387.5 
141.lt 
519.lt 

48.7 
163.2t 

51.9t 
255.3t 

264.lt 
50.4t 
19.7 



IV-Govt.ofCanadaTreasuryBius, 
Deposit Certificates and Short- 
TermNotesSoldDirectlytoBank 
OF Canada and Chartered Banks 


Net New 
Issues 


Total 

Outstanding 

at End of Period 


-100 

300 

-100 

100 
-100 

150 
-150 


1,200 
1,500 
1,400 
1,400 

1.400 
1,400 

1,500 
1,400 

1,550 
1,400 
1,400 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT^*' ^*' 

GOVERNMENT OF CANADA AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R. 
„ ,, , . ,,.„. , ^ ,. ^ „ (2) AND CORPORATION BONDS 

Par Values tn MtUtons of Canadian Dollars^ ' 





New Issues were payable In: 




RETIREMENTS 


ivere payable in: 




Net Increase 
In Bonds Outstand- 
ing Pavahle? 




Canada 
only 


New York 
only 


Canada & 
New York 


London 


Total 


Canada 
only 


New York 
only 


Canada & 
New York 


Canada, 
New York 
& London 


(S) 
London 


Total 


in Canada 
only 


Abroad 


Calendar Years 
1949 
1950 
1951 
1952 


1,480.8 
2,874.0 
l,121.4t 
l,563.8t 


100.0 
137.5 
277.8 
211.0t 


83.5 
53.8 


.2 

.1 


1,581.0 
3,095.1 
l,399.2t 
l,828.6t 


1,396.6 
2,444.1 
1,139.7 
1,260. It 


8.8 

126.6 

10.0 

8.9 


10.9 
78.9 
38.2 
28.9 


91.4 

45.7 

61.9 

9.2 


9.2 

12.4 

8.4 

2.5 


1,516.9 
2,707.6 
1,258.1 
l,309.5t 


84.2 
430.0 
-18.3t 
303.7t 


-20.2 
-42.5 
159.4 
215.4t 


1952—1 
II 


199.4 
206.lt 


6.2 

140. Ot 


42.0 
11.8 


- 


247.6 
357.9t 


190.5 
166.0 


1.2 
2.5 


2.4 
23.5 


3.5 
2.3 


1.3 

.4 


198.9 
194.7 


8.9 
40.lt 


39.8 
123.lt 


III 

IV 


128.4t 
l,030.0t 


25.9 
38.9 


- 


- 


154.3t 
l,068.9t 


98.9 

804.8t 


1.1 
4.0 


1.9 
1.1 


.1 
3.3 


.4 
.4 


102.4 
813.6t 


29.5t 
225.2t 


22.4 
30.1 


1953—1 
II 
III 


636.0t 

141.2t 

98.4 


77.4t 
32.6t 
29.8 


12.5 




725.8 1 
173.8t 
128.2 


450.5t 
113.5t 
103.1 


6.7t 

2.5 

.1 


2.6 
3.8 
2.4 


1.6 

2.4 

.1 


.4 
1.2 
2.8 


461.7t 
123.4t 
108.5 


185.5t 
27.7t 
-4.7 


78.6t 
22.7t 
24.3 



(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 -287, 

-56, -90 and -24 millions and the net increases in total municipal bonded (31 
debt are estimated to have been 105, 133, 153 and 145 millions from 1949 (4) 
to 1952 respectively. (5) 

(2) Foreign currencies have been converted to Canadian dollars at official -f 



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 in item IV below- 

Excludes issues shown in item IV above. 

Including issues payable optionally in Canada or London. 

Revised. 



OCTOBER 1953 



170 



VII— 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 


1952 


3.59 


3.58 


3.22 


2.69 


Monthly 










1952— 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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 


Feb. 


3.65 


3.62 


3.44 


3.08 


Mar. 


3.65 


3.56 


3.43 


3.11 


Apr. 


3.66 


3.56 


3.43 


3.14 


May 


3.69 


3.62 


3.48 


3.21 


June 


3.72 


3.72 


3.54 


3.28 


July 


3.72 


3.71 


3.57 


3.28 


Aug. 


3.73 


3.72 


3.64 


3.36 


Sept. 


3.75 


3.77 


3.65 


3.41 


Oct. 


3.72 


3.75 


3.66 


3.48 



Long Term 


Market Yields 


Average of Business Days 


Canada "> 


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 


3.54 


4.23 


2.64 


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 


3.59 


4.16 


2.74 


3.60 


4.09 


2.77 


3.60 


3.97 


2.85 


3.62 


3.87 


2.90 


3.64 


3.83 


3.05 


3.70 


3.85 


3.11 


3.72 


3.89 


2.98 


3.73 


3.83 


2.96 


3.73 


3.74 


2.93 


3.70 


3.68 


2.75 



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 


1.076 


2.167 


1.795 


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 


1.349 


2.415 


2.138 


1.349 


2.398 


2.124 


1.473 


2.432 


1.993 


1.503 


2.232 


2.098 


1.528 


2.415 


2.219 


1.530 


2.383 


2.271 


1.699 


2.368 


2.229 


1.759 


2.365 


2.106 


1.795 


2.368 


2.116 


1.911 


2.150 


1.957 


1.929 


2.098 


1.438 



(1) Payable in Canada only. (2) Government of Canada 3% due 1 Sept., 1961-66. (3) United Kingdom 3% due 15 Apr., 1959-69. 
(4) U.S. Treasury 2J4% due IS Dec, 1963-68. It was not eligible for commercial banks before Dec. 1, 1952. 



Thousands of Fine Ounces 



VIII— CANADIAN GOLD STATISTICS 

Bank of Canada 













Net Increase or 


Net Increase or 




New Gold 






Net Increase 


Decrease in 


Decrease in 




Production 


Physical 


Physical 


or Decrease 


Canadian 


Foreign Owned 
GolclHeld in 




available 


Imports*') 


Exports'-'^ 


in Official 


Owned Gold 




for Export <'' 






Holdings (<' 


Held in Safe- 
keeping Abroad 


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 


1962 


4,310 


25 


19,246 


1,246 


2,565 


18,723 


Quarters 














1951— 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 


14,274 


II 


987 


2 


3,189 


519 


715 


2,004 


III 


1,083 


13 


1,343 


35 


121 


333 


IV 


1,091 


2 


2,992 


53 


159 


2,112 


1953—1 


1,372 


65 


552 


599 


143 


143 


II 


1,071 


- 


309] 


828 


- 


66 


III* 


880 


32 


193 


720 


- 


1 



( 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. Beginning November 1. 1951, the series excludes increases in 

commercial gold stocks held in safekeeping by the Mint for the account (4) 

of the mines. t 



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 sliown in the export returns. 
Holdings of the Exchange Fund and Bank of Canada. 
Revised. * Preliminary. 



171 



Millions of Dollars 



OCTOBER 1953 



OCTOBER 1953 



Fiscal year-end nearest to Dec. 31st 



Direct Debt 

Funded Debt'^' 

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'") 



Total Direct Debt (Less sinking Funds) .. . 

Indirect Debt 

Guaranteed Bonds"> 

Less: Sinking Funds 

Net Guaranteed Bonds 

Loans under M.LA. Act'" 

Guaranteed Bank Loans 

Other Indirect Debt'" 

Total Indirect Debt (Less sinking Funds) . 
Total Direct and Indirect Debt 

(Less Sinking Funds) 



Provincial Distribution'"') 

Newfoundland 

Prince Edward Island 

Nova Scotia 

New Brunswick 

Quebec") 

Ontario 

Manitoba 

Saskatchewan"*) 

Alberta's) 

British Columbia") 



Total Direct and Indirect Debt 

(Less Sinking Funds) 



IX— PUBLIC FINANCE: PROVINCIAL GOVERNMENTS : OUTSTANDING DEBT'" 

Bank of Canada, Dominion Bureau of Statistics and Dominion - Provincial Conference 



1926 



740.2 
41.6 



2.1 



62.1 

43.8 

1.9 

9.4 

9.7 

18.3 



843.8 



3.3 
3.1 



104.5 



38.6 
37.8 
98.4 

404.2 
90.1 
58.8 

122.4 
95.9 



948.3 



1930 



974.9 
60.6 



914.3 



91.2 



91.2 
49.0 
8.5 
10.8 
13.5 
19.3 



1,106.6 

108.5 
3.4 



105.1 



10.3 
16.0 



131.4 



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 



1,265.9 
85.4 



1,180.5 



51.6 
89.2 



140.8 
30.8 
9.9 
15.4 
17.8 
20.7 



1,415.9 

123.3 
5.2 



118.1 



22.0 



157.0 



1,572.9 



3.9 
67.4 
61.5 
170.5 
692.4 
118.5 
153.2 
157.6 
147.9 



1,572.9 



1937 



1,511.6 
123.4 



1,388.2 



129.5 
103.3 



232.8 
47.3 
14.4 
21.0 
17.8 
26.4 



1,747.9 

166.7 
13.3 



153.4 



36.9 
17.7 



208.0 



1,955.9 



5.9 
93.1 
82.2 
285.6 
806.1 
122.4 
215.9 
172.3 
172.4 



1,955.9 



1940 



1,734.5 
156,8 



1,577.7 



160.6 
109.4 



270.0 
41.7 
8.2 
19.7 
21.1 
27.3 



1,965.7 

164.4 
7.5 



156.9 

7.5 

37.7 

19.8 



221.9 



2,187.6 



9.7 
101.7 
99.8 
425.9 
859.5 
120.3 
234.1 
168.6 
168.0 



1945 



1,641.6 
199.6 



1,442.0 



178.1 
32.0 



210.1 
48.4 
24.4 
26.6 
17.5 
33.4 



1,802.4 

135.1 
4.6 



130.5 

5.3 

8.3 

12.4 



156.5 



1,958.9 



10.5 

95.9 

96.6 

387.0 

757.3 

97.1 

196.2 

161.1 

157.2 



1,958.9 



2,075.9 

725.3 
5.5 



1950 



2,018.1 
312.6 



89.7 
56.9 



146.6 
64.8 
20.4 
52.0 
19.9 
66.7 



2,259.7 

852.9 
5.2 



719.8 

4.2 

27.8 

7.1 



759.0 



2,834.9 



10.3 
15.7 
162.0 
170.5 
628.3 
1,193.3 
118.9 
161.5 
117.9 
256.6 



2,834.9 



1951 



2,258.9 
368.8 



85.8 
67.4 



153.2 
59.0 
24.6 
53.7 
22.4 
56.7 



847.7 

3.9 

25.5 

6.3 



883.5 



3,143.2 



12.5 
17.4 
176.5 
177.2 
664.2 
1,400.1 
141.4 
164.1 
108.5 
281.3 



3,143.2 



(1) Nfld. figures included since Nfld. joined Canada on March 31 1949 
For purposes of comparability certain liability items shown on Provincial 
Balance Sheets, such as reserves and trust and special deposits covered 
by designated assets, have been excluded. Also see note (10). 

(2) Includes bonds, debentures and stock and debentures issued for the school 
refinancing plan by the Quebec Municipal Commission. See note (11) 

(3) Decrease largely due to the adjustment of indebtedness of the four 
western provinces in respect of relief loans, etc., and to final settlement 
2.' '^)^''"9 of Alberta and Saskatchewan regarding natural resources 

(4) Figures differ from those in the October 1952 Summary since cash and 
myestments designated for superannuation and retirement funds in 
British Columbia have been offset against liabilities to conform with the 
recommendation of the 6th Annual Conference on Provincial Finance 
Statistics. 



1952 

• 



2,408.7 
419.9 



82.3 
24.2 



106.5 
62.1 
26.6 
58.6 
23.2 
77.4 



2,343.2 

1,002.6 
2.1 



1,000.5 

3.7 

26.5 

6.4 



1,036.1 



3,379.3 



22.3 
17.4 
180.6 
181.1 
683.2 
1,594.1 
155.1 
173.2 
104.7 
267.6 



3,379.3 



(5) Interest, superannuation account, Saskatchewan, formerly transferred 
from indirect to direct debt, is now omitted. 

(6) Alberta figures for years 1937-1949 inclusive, include a liability for unpaid 
interest on bonds, debentures and savings certificates which, for the years 
1937-1945, is based on the assumption that the net amount of back 
interest provided for under the Debt Refunding Plan was accumulated 
evenly over the period. The 1945 figure includes 10.8 being a portion of 
the interest adjustments deferred under the plan. 

(7) Excluding C.N.R. bonds guaranteed by provinces. Also see note (11). 

(8) Govt, of Canada loans under Municipal Improvements Assistance Act. 

(9) Quebec figures of indirect debt exclude 18.6. 37.2 and 36.3 in the years 
1945, 50 and 51 being commitments on the Public Charities Fund payable 
to institutions in equal instalments. Similar grants in other provinces 



Fiscal year-end nearest to Dec 31st 



Funded Debt (Less sinking 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'") 

Newfoundland 

Prince Edward Island . 

Nova Scotia 

New Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan '6) 

Alberta") 

British Columbia"). . . 



Total. 



Total Indirect Debt (Less sinking Funds) 

Newfoundland 

Prince Edward Island 

Nova Scotia 

New Brunswick 

Quebec's) ■ 

Ontario 

Manitoba 

Saskatchewan 

Alberta 

British Columbia 



Total . 



1926 



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 



2.2 



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 



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 
7.0 
16.6 
7.3 



94.6 



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 

12.7 

20.3 

14.4 



126.9 



.1 

.4 

1.9 

32.8 

127.8 

4.0 

26.0 

8.3 



208.0 



172 



Millions of Dollars 



1940 



6.8 

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 
9.5 
17.8 
8.0 



118.0 



.2 

3.2 

2.8 

38.6 

129.6 

3.9 

26.4 

8.5 

8.7 



221.9 



1945 



1950 



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 



2.8 
11.4 

3.4 
18.3 
78.8 

4.7 

3.4 
18.4 

9.1 



150.3 



.1 
2.7 
1.9 
19.5 
117.7 
2.3 
1.5 
1.9 



156.5 



1951 



4.0 

13.8 

137.6 

157.0 

380.5" 

582.7 

75.2 

118.6 

88.8 

147.4 



1,705.5 



17.8 
37.1 
11.8 
23.0 



89.7 



10.0 

.5 

1.5 

5.0 

19.7 



20.2 



.4 

1.8 

10.6 

. 5.1 

39.0 

110.2 

5.1 

5.0 

13.2 

33.5 



223.8 



5.9 

.1 

3.8 

7.9 

207.3 

495.4 

1.1 

.8 

4.1 

32.6 



759.0 



3 

15 
151 
159 
378 
670' 
105 
121 

86 
197 



1,890.1 



17.3 
34.8 
11.5 
22.3 



85.8 



1.3 
10.9 



38.0 

12.7 

1.4 

3.1 



.3 

2.1 

8.9 

7.6 

32.5 

118.1 

5.1 

5.3 

4.8 

31.8 



216.4 



7.2 

.1 

4.9 

10.0 

253.4 

573.8 

.4 

. -8 

5.9 

27.0 



883.5 1,036.1 



are voted annually through current account and not shown as contingent (11) 
liabilities. Quebec Commitments under Housing Guarantees, 14.4 in 
1950 and 25.1 in 1951 are excluded as well. Also see note (11). 
(10) Most provinces have assets such as cash, investments, advances to or (12) 
guarantees for enterprises of a self-liquidating nature. Thus the dead 
weight" debt of a province in any year may be considerably less than * 
the amount shown hereunder. 



School refinancing bonds of 51.2, 47.9 and 44.8 (est.) in the years 1950, 
1951 and 1952 respectively, issued by the Quebec Municipal Commission 
and guaranteed by the Province are included in Direct Funded Debt. 
Includes saving deposits, temporary loans, superannuation and other 
deposits, accrued interest, accounts payable and other liabilities. 
Approximate figures, compiled from information contained in budget 
speeches, preluninary releases and related material. 



173 



OCTOBER 1953 



Millions of Dollars 



IX— PROVINCIAL GOVERNMENTS : CURRENT REVENUE^" 

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*^' . 

Other Corporation Taxes 

Revenue from Public Domain. . . 
Succession Duties 



Liquor Revenue (Net) , 

Tobacco Tax 

Amusement Taxes 



Gasoline Taxes 

Motor Vehicle Licences. 



Taxes on Real Property'*'. 

Retail Sales Taxes 

Miscellaneous Taxes'" .... 



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'" 

Gasoline Tax Guarantees 

Share of Income Tax, Certain Public Utilities. . . . 



Total from Government of Canada 



(6) 



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 1937 



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 



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 



1940' 



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 



1950 



.1 
128.0 

23.0 
114.1 

31.2 

138.9 
10.0 
18.8 

155.4 
66.9 

6.0 
75.8 
27.9 

18.7 
13.1 



828.0 



18.7 

6.5 

91.8 

4.5 



121.5 



949.5 



1951 



.1 
163.0 

25.5 
131.6 

34.2 

144.2 
9.8 

20.0 

178.5 

72.7 

7.1 
90.7 
33.3 

20.8 
14.8 



946.2 



20.0 

6.5 

95.7 

3.7 



126.0 



1072.1 



1952 
• 



68.0 

12.9 

159.4 

31.5 

151.9 
11.4 
21.0 

194.9 
78.2 

7.2 

101.3 

33.2 

21.4 
15.1 



907.5 



20.0 

5.7 

303.2 

4.4 



333.2 



1240.7 



1953 
•• 



53.5 

13.9 

142.5 

27.5 

144.2 
11.4 
20.5 

205.8 
81.7 

4.7 

101.8 

32.9 

20.9 
15.6 



877.0 



20.1 

4.8 

297.9 

2.8 



325.6 



1202.6 



Provincial Distribution »' 

Newfoundland 

Prince Edward Island 

Nova Scotia 

New Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta"") 

British Columbia 

Total Current Revenue. . . 



.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 



21.5 

5.6 

35.69 

32.3 

238.2 

265.1 

41.7 

66.5 

104.9 

138.1 



25.7 

6.0 

38.7 

40.6 

276.3 

302.6 

45.9 

74.4 

105.8 

156.2 



31.6 

7.1 

45.0 

46.4 

283.7 

355.7 

53.6 

90.6 

144.6 

182.3 



31.1 

7.0 

45.9 

45.3 

288.6 

334.1 

53.7 

85.7 

127.3 

183.8 



149.7 



244.8 



301.8 



419.4 



949.5 



1072.1 



1240.7 



1202.6 



(1) Nfld. figures included since Nfld. joined Canada on March 31, 1949. 
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) Inthe years 19S0and 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) Includes Highway Tax (N.S.), also the Municipal Commissioner's Levy 
(Man.) until 1953 when it was discontinued. 

(5) Includes premiums paid by individuals under the compulsory Hospital 
Services Plans in Saskatchewan (1950-53) and British Columbia (1950-53). 

(6) Common School and School Lands Funds interest revenue is included in 
the contra expenditure item — "Less Interest Revenue Received". 



(7) Excludes 5% provincial tax on corporate profits (1950-51). See note (3). 
Includes Ontario's rental (1952 and 1953). 

(8) 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) and (6). 

(9) Based on official statement for 12 months ended November 30th, 1950. 

(10) 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'^Compiled from information contained in official estimates adjusted to a 
comparable basis. Also see footnotes (1) and (6). 



OCTOBER 1953 



174 



IX— PROVINCIAL GOVERNMENTS : CURRENT EXPENDITURE 

Bank of Canada, Dominion Bureau of Statistics and Dam. - Prov. Conference 



(1) 



Millions of Dollars 



Fiscal Year nearest to Calendar Year 



Education. 



Public Welfare (Ex. Relief) 

Old Age Pensions'" 

Health and Hospital Care"'. 
Other 



Total Public Welfare (ex. Relief) 

Highways&Other Aids TO Transport 

Public Domain 

Agriculture 

Administration of Justice 

General Government") 

Legislation 

Gross Debt Service (Ex. Debt Repayment)*''. 

Less: Interest Revenue Received'*' 



Net Debt Service 

Subsidies to Municipalities for 
General Purposes 



Other 

Sub -Total (Ex. Relief). 
Relief 



Total Current Expenditure 

(Ex. Debt Repayment) 



1926 



25.6 



10.6 
6.5 



17.1 

22.2 

8.9 

4.7 

9.6 

9.4 

2.4 

41.6 

20.6 



21.0 

1.1 
2.4 



124.4 
.1 



124.5 



1930 



33.8 

4.6 

17.9 

7.4 

29.9 
37.8 
14.4 

7.1 
12.8 
11.8 

3.2 
51.9 
25.4 



26.5 

1.1 
3.7 



182.1 
5.0 



187.1 



1933 



27.5 



3.3 

18.1 

6.2 



27.6 

18.6 

8.7 

7.0 

11.2 

10.0 

2.3 

73.7 

25.4 



48.3 

.1 
1.2 



162.5 
36.1 



198.6 



1937 



33.0 

9.7 
23.8 
11.1 

44.6 
28.0 
14.3 

6.9 
13.6 
13.8 

3.3 
73.8 
22.7 



51.1 

3.2 
3.4 



215.2 
60.5 



275.7 



1940 



37.5 



10.5 
28.1 
13.6 



52.2 
33.1 
16.1 

7.8 
14.5 
15.6 

2.2 
84.3 
24.5 



59.8 

3.3 

4.7 



246.8 
18.5 



265.3 



1945 



71.4 



18.7 
41.1 
19.4 



79.2 
55.9 
22.1 
13.6 
17.2 
19.8 
4.2 
77.0 
25.7 



51.3 

3.7 
4.2 



342.5 
3.8 



346.3 



1950 



172.4 



40.6 

137.3 

42.8 



220.7 
128.1 
51.1 
22.0 
35.9 
42.6 
3.3 
80.8 
28.4 



52.5 

14.1 
24.4 



767.1 
11.8 



778.9 



1951 



187.5 

35.4 

156.9 

48.8 

241.1 
148.5 
57.2 
24.3 
38.7 
47.8 
6.3 
84.6 
33.9 



50.6 

19.7 
33.3 



855.0 
12.9 



867.8 



1952 

• 



207.3 

30.4 

186.8 

54.8 

272.1 
185.4 
63.6 
27.7 
44.8 
53.8 
5.7 
89.7 
37.9 



51.7 

23.9 
29.4 



965.3 
11.2 



976.5 



1953 
•• 



216.5 

32.1 

187.0 

61.8 

281.0 
230.2" 
65.8 
28.6 
48.7 
57.8 
4.0 
96.6 
42.8 



53.8 

26.5 
29.2 



1042.1 
11.8 



1053.9 



Provincial Distribution") 

Newfoundland 



Prince Edward Island. 

Nova Scotia 

New Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta"") 



British Columbia 

Total Current Expenditure 

(Ex. Debt Repayment) 



5.1 

3.9 

26.1 

40.9 

8.5 

9.9 

9.6 

19.7 



124.5 



1.1 

6.7 
6.3 
42.6 
60.8 
11.8 
17.0 
15.3 
25.6 

187.1 



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 



198.6 



275.7 



265.3 



346.3 



22.1 

5.1 

34.0» 

29.6 

184.2 

240.5 

32.3 

56.8 

50.0 

124.3 

778.9 



25.2 

5.3 

36.4 

36.3 

194.2 

285.1 

35.6 

61.7 

55.0 

132.9 

867.8 



27.0 

5.3 

38.5 

41.5 

239.5 

313.5 

37.9 

64.4 

63.5 

145.3 



976.5 



28.3 

5.8 

41.1 

42.5 

223.6 

374.4" 

47.3 

67.9 

77.0 

145.912 

1053.9 



(1) Nfld. figures included since Nfld. joined Canada on March 31st. 1949. 
Includes items which 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 (6) page 173. 

(2) Includes Old Age Assistance payments (1951-53). Excludes pensions for 
the blind. 

(3) Includes expenditures for health care and payments to hospitals under the 
Hospital Services Plans in Saslcatchewan (1950-53) and British Columbia 
(1950-53). 

(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 (6) page 173. 

(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 173. 

(9) See footnote (9) page 173. 

(10) See footnote (5). 

(11) Includes $53 million to be financed from Highway Reserve Account. 

(12) For the purpose of comparability with figures of previous years capital 
expenditures of $28.9 million to be financed from current revenue and surplus, 
have been excluded. 

•k ifk See notes on page 173. 



175 



OCTOBER 1953 



Cents per Unit 



X— FOREIGN EXCHANGE RATES' 

Bank of Canada 





U.S. Dollar in Canada 


£ Sterling in Canada 


Business 
Days 






Noon Average 






Noon Average 




High 


Low 


of business 
days 


High 


Low 


of business 
days 


1946 


110.25 


100.25 


105.75 


444.00 


403.00 


425.54 


1947 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1948 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1949 


110.25 


100.25 


103.08 


403.00 


308.00 


376.13 


1950 


110.25 


103.25 


108.92 


308.00 


289.25 


304.44 


1951 


107.31 


101.19 


105.28 


300.50 


281.38 


294.68 


1952 


101.13 


95.88 


97.89 


281.25 


266.75 


273.40 


1952-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 


1953-Jan. 


97.38 


96.75 


97.05 


273.56 


272.38 


273.05 


Feb. 


98.44 


97.00 


97.73 


277.50 


273.44 


275.55 


Mar. 


98.63 


97.75 


98.33 


277.63 


275.31 


276.92 


Apr. 


98.63 


98.00 


98.37 


277.94 


275.69 


277.13 


May 


99.78 


98.66 


99.41 


280.94 


278.06 


279.80 


June 


99.63 


99.16 


99.44 


280.38 


278.88 


279.82 


July 


99.44 


98.94 


99.18 


279.88 


278.56 


279.29 


Aug. 


99.00 


98.69 


98.83 


278.81 


277.50 


278.25 


Sept. 


98.88 


97.78 


98.43 


277.69 


274.00 


275.94 


Oct. 


98.66 


97.75 


98.25 


276.75 


273.88 


275.76 



(1) Prior to October 2, 1950, there were official buying and selling rates for the U.S. Dollar and 
Sterling in Canada. The rates used in the table before this date are the mid-rates between official 
buying and selling rates, or the averages thereof. Accordingly the "High" differs from the "Low" only 
in the years when the official rates were changed. Effective October 2, 1950, official rates were discon- 
tinued and rates thereafter are noon rates as reported on transactions between banks in the exchange 
market. Commencing with 1950, averages are based on five-day week quotations. 



XI— OFFICIAL HOLDINGS OF 
GOLD AND U.S. DOLLARS*'^ 

$ mm. U.S. Dept. of Finance 



End 




US 




of 
period 


Gold 


Dollars 


Total 


1946 


536.0 


708.9 


1,244.9 


1947 


286.6 


215.1 


501.7 


1948 


403.1 


596.5 


997.8 


1949 


486.4 


630.7 


1,117.1(2) 


1950 


680.0 


1,161.5 


1,741.5 


1951 


841.7 


936.9 


1,778.6 


1952 


885.0 


975.2 


1,860.2 


1952-Oct. 


875.3 


980.7 


1,856.0 


Nov. 


875.5 


966.5 


1,842.0 


Dec. 


885.0 


975.2 


1,860.2 


1953-Jan. 


888.5 


978.3 


1,866.8 


Feb. 


892.9 


944.2 


1,837.1 


Mar. 


905.8 


939.5 


1,845.3 


Apr. 


913.7 


930.0 


1,843.7 


May 


923.0 


838.2 


1,761.2 


June 


934.7 


815.4 


1,750.1 


July 


942.2 


813.5 


1,755.7 


Aug. 


951.0 


813.4 


1,764.4 


Sept. 


959.8 


827.5 


1,787.3 


Oct. 


968.3 


816.2 


1,784.5 



(1) Gold and U.S. dollars held by the Exchange Fund 
Account and Bank of Canada and U.S. dollars held by 
other Govt, of Canada Accounts. 

(2) Exclusive of $18.2 mm. set aside out of the proceeds of 
a refunding issue for the purpose of retiring on Feb. 1, 
1950, a security issue guaranteed by the Govt, of 
Canada and payable in U.S. dollars. 



UNITED STATES DOLLAR IN CANADIAN FUNDS 

CANADIAN DOLLARS CANADIAN DOLLARS 




.04 



.00 



MONTHLY 



•HIGH 







OCTOBER 1953 


9870 
9840 
9810 
9780 


BUSINESS DAYS 




h^ 


^NOON 
\ 1 


/ 


LOW— 


\ 


^ 


1 


V 


I 

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 



9870 



9840 



9810 



9780 



.04 



1.00 



.96 




96 



92 



J F M A M 



J J A 
1951 



O N D 



J r M A M J J 
1952 



SONDJFMAM 



S O N D 



OCTOBER 1953 



176 



XII— PRICE INDEXES 

"Prices and Price Indexes", Dominion Bureau of Statistics 

WHOLESALE PRICES CONSUMER PRICES'" 

Index 1935-39 = 100 Index 1949 = 100 







Total 
Index 

(Mid- 
Month) 


Raw and 
Partly 
Manu- 
factured 


Fully & 
Chiefly 
Manu- 
factured 


FARM products"' 


Total 
Index 

(1st of 
Month) 


Food 


Shelter 


Clothing 


Household 
Operation 


Other 
Com- 
modities 
& Services 




Fieldt 




Totalt 








100 


32 


IS 


11 


17 


25 


A vera 


ge of Months 




























1926 


130.3 


129.1 


133.0 


158.5 


130.2 


144.4 


75.9 


4: 


* 


* 


* 


* 




1929 


124.6 


126.1 


123.7 


137.2 


144.4 


140.8 


75.8 


* 


* 


* 


* 


* 




1933 


87.4 


79.3 


93.3 


69.3 


69.2 


69.3 


58.8 


* 


* 


* 


* 


* 




1937 


107.7 


113.7 


104.4 


128.9 


106.0 


117.4 


63.0 


* 


* 


* 


* 


* 




1946 


138.9 


140.1 


138.0 


177.9 


181.2 


179.5 


77.5 


* 


* 


* 


* 


* 




1949 


198.3 


197.1 


199.2 


191.9 


265.4 


228.7 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 




1950 


211.2 


212.8 


211.0 


191.9 


281.4 


236.7 


102.9 


102.6 


106.2 


99.7 


102.4 


103.1 




1951 


240.2 


237.9 


242.4 


200.4 


336.9 


268.6 


113.7 


117.0 


114.4 


109.8 


113.1 


111.5 




1952 


226.0 


218.7 


230.7 


219.9t 


277.5 


248.7t 


116.5 


116.8 


120.2 


111.8 


116.2 


116.0 


1952 


Monthly 
—Sept. 


221.9 


212.4 


227.6 


202.0t 


269.1 


235.6t 


116.1 


115.8 


121.2 


110.9 


116.0 


115.8 




Oct. 


220.2 


209.7 


227.4 


199.9t 


263.0 


231.4t 


116.0 


115.1 


121.5 


109.9 


116.2 


116.4 




Nov. 


221.5 


210.5 


228.2 


199.3t 


266.5 


232.9t 


116.1 


115.7 


121.4 


109.8 


115.9 


116.6 




Dec. 


221.1 


210.0 


227.8 


196.6t 


268.3 


232.4t 


115.8 


114.1 


122.2 


109.7 


116.1 


116.6 


1953 


— Jan. 


221.5 


209.4 


229.0 


193.6t 


266.4 


230.0t 


115.7 


113.5 


122.3 


109.7 


116.5 


116.7 




Feb. 


220.9 


207.9 


228.8 


189.3t 


263.1 


226. 2t 


115.5 


112.7 


122.5 


109.6 


116.6 


116.7 




Mar. 


221.9 


209.8 


229.2 


184 .4t 


264.3 


224.4t 


114.8 


111.6 


122.5 


109.7 


116.7 


115.2 




Apr. 


219.6 


205.7 


227.9 


180.2t 


256.0 


218.lt 


114.6 


110.9 


122.7 


109.7 


116.9 


115.0 




May 


220.1 


206.3 


228.3 


177.8t 


263.2 


220. 5t 


114.4 


110.1 


122.9 


110.1 


116.6 


115.1 




June 


221.7 


207.2 


230.4 


177.1- 


268.8 


222. 9t 


114.9 


111.4 


123.6 


110.1 


116.6 


115.1 




July 


221.2 


207.2 


229.6 


180.3- 


265.3 


222.8t 


115.4 


112.7 


123.9 


110.3 


117.0 


115.2 




Aug. 


222.4 


210.0 


230.1 


157.2 


269.9 


213.6 


115.7 


112.8 


124.1 


110.4 


117.2 


115.8 




Sept. 


221.5 


207.0 


230.2 


154.0 


263.7 


208.9 


116.2 


114.0 


124.2 


110.4 


117.4 


115.9 




Oct. 














116.7 


115.5 


124.5 


110.3 


117.5 


116.0 



(1) An independent series with different weighting and different prices from 
those included in the "Total Index". Prices include subsidies. 

t Indexes for the crop year August 19S2-July 1953 are revised to incorporate 
the 12-cent increase in payments per busliel for western wheat. 

(2) Components were selected and weiglited 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. The Consumer Price Index prior to 1949 is the 
Cost-of-Living Index inclusive of all tobacco taxes linked to the Consumer 
Price Index 1949 = 100. 
Not available. 



XIII— EMPLOYMENT AND LABOUR INCOME 





Civilian Labour ForceC) 


(5) 

Armed 
Forces 


Employment Indexes!*) 0) 


Manufacturing^) (8) 








With Jobs 
(Incl. Agriculture) 


Without 
Jobs 


Of which 

Employed 

in 

Agriculture 


Manu- 
facturing 




Con- 
struction 


Average 


Average 
Hourly 
Earnings 

(9) 


Monthly 

Labour 

Income 

W(IO) 




Total 


At Work 
35 or More 


At Work(2) 
Less than 


and 

Seeking 


Mining 


Weekly 
Hours 






Hours 


35 Hours 


WorkO) 
























Thousands 


of Persons 






Ir 


dex 1939=^1 


90 


Number 


Cents 


Millions $ 


Annual Average 


























1948 


4,954 


4,279 


573 


102 


1,088 


36 


176.0 


103.4 


153.8 


42.2 


91.3 


597 


1949 


5,036 


4,329 


576 


131 


1,074 


43 


175.9 


106.4 


161.2 


42.3 


98.6 


647 


1950 ("' 


5,157 


4,369 


621 


167 


1,018 


51 


177.5 


112.2 


165.0 


42.3 


103.6 


693 


1951 


5,231 


4,467 


656 


108 


943 


77 


190.0 


117.7 


177.6 


41.8 


116.8 


806 


1952 


5,304 


4,562 


613 


129 


888 


97 


192.4 


124.3 


192.8 


41.5 


129.2 


895 


Monthly 


























1952-Aug. 16 


5,419 


4,606 


727 


86 


1,007 


99 


194.1 


127.3 


236.6 


41.1 


128.9 


919 


Sept. 


* 


* 


* 


* 


* 


* 


198.5 


127.2 


224.7 


41.6 


129.5 


931 


Oct. 


* 


* 


» 


* 


* 


* 


200.8 


126.4 


223.4 


42.1 


129.9 


946 


Nov. 22 


5,290 


4,680 


496 


114 


795 


100 


199.8 


125.9 


213.4 


42.1 


131.0 


952 


Dec. 13 


5,276 


4,558 


586 


132 


782 


100 


199.6 


124.6 


202.5 


42.5 


132.1 


942 


1953-Jan. 24 


5,200 


4,523 


490 


187 


770 


103 


196.3 


122.6 


174.8 


38.3 


134.0 


928 


Feb. 21 


5,194 


4,518 


497 


179 


768 


104 


197.6 


122.5 


159.8 


41.9 


134.2 


920 


Mar. 21 


5,192 


4,534 


486 


172 


799 


104 


199.5 


121.7 


153.6 


42.1 


134.4 


924 


Apr. 18 


5,241 


4,645 


431 


165 


833 


105 


200.1 


120.6 


156.8 


42.1 


134.9 


949 


May 16 


5,321 


4,720 


487 


114 


887 


105 


200.8 


120.6 


175.5 


41.8 


135.5 


969 


une 20 


5,387 


4,888 


409 


90 


900 


105 


201.6 


121.3 


189.9 


41.7 


135.9 


979 


uly 18 


5,515 


4,807 


618 


90 


993 


105 


203.5t 


122.8t 


202. 2t 


41.3 


136.2 


986 


Aug. 22 


5,507 


4,820 


595 


92 


964 


106 


202.9 


123.6** 


211.6** 


41.0** 


136.0** 




Sept. 19 


5,398 


4,896 


418 


84 


898 


106 


204.4** 













Sources: Dominion Bureau of Statistics, Dept. of National Defence. 

(1) Estimates based on a sample of about 30.000 households and therefore 
subject to sampling error which is relatively larger the smaller the estimate. 
Figures for 1953 are not strictly comparable with earlier data because of 
small downward revisions in the population estimates based on 1951 census 
details. Annual figures are averages of 4 surveys. Nfld. is excluded prior to 
1950; 1950 averages for it were: "With Jobs" 93, "Without Jobs" 14. 
Figures after months are dates of ends of survey weeks. 

(2) Includes persons who, though having jobs, neither worked nor sought work. 

(3) Includes persons who, though having jobs, did not work but sought work 
and those who would have sought work but were temporarily ill, on 
indefinite or prolonged lay-off, or believed no work was available. 



(4) 



Includes an estimate of labour force figures for June 1950 for Manitoba 
which was not covered because of floods. 
Annual figures are averages for labour force survey dates. 
As reported by employers usually having 15 or more employees. Dated 
first of month and covering last pay period in previous month. 
Include salaried and part-time workers; exclude Newfoundland. 
Include hourly-rated wage e.irners only; include Nfld. commencing in 1950. 
Gross earnmgs before deductions for taxes, unemployment insurance, etc. 
(10) Includes bonuses and commissions, food, clothing, shelter and contributions 
to insurance, pensions, etc. provided by employer. Includes Newfoundland 
commencing in 1949. 
Not available. ** Preliminary. t Revised. 



(5) 
(6) 

(7) 
(8) 
(9) 



m 



177 



OCTOBER 1953 



1935-39 = 100 



XIV— VOLUME OF INDUSTRIAL PRODUCTION"' 

INDEXES NOT SEASONALLY ADJUSTED 

"Canadian Statistical Review", Dominion Bureau of Statistics 





Total 


Mining 


Manufacturing 


Electricity 




Total 


Non- 


Durables 


Manufactured 










Durables 




Gas 


Weighting 


100.0 


16.8 


75.6 


46.1 


29.5 


7.6 


Annual Average 














1935 


85.6 


79.5 


86.5 


89.0 


82.7 


90.4 


1937 


108.0 


103.8 


109.3 


106.7 


113.2 


105.1 


1939 


109.7 


118.0 


108.1 


108.2 


107.9 


107.5 


1945 


187.2 


100.9 


209.8 


176.3 


262.1 


152.1 


1946 


171.9 


97.1 


189.9 


180.2 


205.1 


157.8 


1947 


187.8 


106.2 


207.7 


191.2 


233.5 


169.3 


1948 


196.3 


122.2 


215.5 


197.1 


244.4 


168.6 


1949 


199.6 


131.7 


217.0 


198.2 


246.3 


176.1 


1950 


211.5 


145.4 


228.1 


208.3 


259.1 


190.9 


1951 


226.5 


161.8 


242.1 


214.0 


285.9 


214.2 


1952 


232.9 


174.7 


246.3 


215.2 


294.8 


228.8 


Monthly 














1952— Aug. 


234.2 


183.0 


247.6 


221.8 


287.9 


214.2 


Sept. 


244.1 


197.5 


256.5 


224.9 


306.0 


223.1 


Oct. 


248.1 


198.7 


260.4 


228.1 


310.8 


235.1 


Nov. 


248.1 


184.5 


263.5 


232.4 


312.2 


235.3 


Dec. 


235.7 


173.3 


248.9 


213.4 


304.5 


241.4 


1953— Jan. 


232.1 


164.6 


245.6 


203.4 


311.6 


246.7 


Feb. 


242.0 


162.6 


258.3 


214.3 


327.0 


254.4 


Mar. 


246.8 


160.2 


265.6t 


221.8 


334.lt 


251.0 


Apr. 


254.5t 


175.5 


270 .8t 


227.8 


337.9t 


266.3 


May- 


254,8 


180.4 


271.8 


230.3 


336.8t 


250.0 


June 


257.5t 


196.3 


273 .3t 


231.9t 


338.lt 


235.7 


July 


246.9* 


206. 3t 


258.3* 


219.4* 


319.lt 


223 .4t 


Aug. 


247.2* 


200.1* 


260.4* 


229.4* 


308.9* 


219.7* 



(1) Refer to D.B.S. Reference Paper No. 34 "Revised Index of Industrial Production, 1935-1951," for background material. 



* Preliminary. 



t Revised. 



XV— U.S.A. ECONOMIC STATISTICS 









U.S. Department of Commerce 






U.S. 


Dept. of Labor 


Federal Reserve 








Govt. 


Personal 












Average 








Gross 


Change in 


Expend- 


Savings 


Con- 




Retail 


Consumer 


Wholesale 


Hourly 


Total 


Output of 




National 


Business 


iture on 


as a 


struction 


Unem- 


Sales 


Price 


Prices: 


Earnings 


Industrial 


Consumer 




Product 


Inventories 


National 

Security 

(1) 


Percentage 

of 
Disposable 


(3) 


ployment 


(4) 


Index 


All Com- 
modities 


in Manu- 
facturing 
(5) 


Production 

(4) 


Durables 
(4) 




Billions of Dollars(2) 


Income 


Billions of S 


Millions 


BillionsofS 


1947-4 


9 = 100 


Dollars 


1935-39 = 100 


1947-49 = 100 


Annual Averages(« 


























1929 


103.8 


1.6 


* 


4.5 


10.8 


1.6 


48.5 


73.3 


61.9 


.57 


110 


* 


1933 


55.8 


-1.6 


* 


-2.7 


2.9 


12.8 


24.5 


55.3 


42.8 


.44 


69 


* 


1937 


90.2 


2.3 


* 


5.5 


7.0 


7.7 


42.2 


61.4 


56.1 


.62 


113 


» 


1946 


211.1 


6.1 


21.2 


7.6 


12.0 


2.3 


102.5 


83.4 


78.7 


1.09 


170 


* 


1950 


286.8 


7.5 


18.5 


5.5 


28.8 


3.1 


143.7 


102.8 


103.1 


1.47 


200 


153 


1951 


329.8 


10.9 


37.4 


7.5 


30.9 


1.9 


158.2 


111.0 


114.8 


1.59 


220 


122 


1952 


348.0 


3.7 


48.9 


7.2 


32.3 


1.7 


164.1 


113.5 


111.6 


1.67 


219 


108 


Monthly 
1952— June 


345.1 


.7 


49.8 


6.3 


2.9 


1.8 


14.0 


113.4 


111.2 


1.66 


204 


108 


July 










3.0 


1.9 


13.7 


114.1 


111.8 


1.65 


193 


71 


Aug. 










3.1 


1.6 


13.4 


114.3 


112.2 


1.67 


215 


84 


Sept. 


345.3 


4.2 


49.2 


8.2 


3.1 


1.4 


13.6 


114.1 


111.8 


1.70 


228 


121 


Oct. 










3.0 


1.3 


14.2 


114.2 


111.1 


1.71 


230 


125 


Nov. 










2.8 


1.4 


14.0 


114.3 


110.7 


1.72 


234 


134 


Dec. 


361.1 


8.5 


50.5 


7.7 


2.5 


1.4 


14.4 


114.1 


109.6 


1.73 


235 


134 


1953— Jan. 










2.4 


1.9 


14.1 


113.9 


109.9 


1.74 


236 


141 


Feb. 










2.3 


1.8 


14.5 


113.4 


109.6 


1.74 


240 


148 


Mar. 


362.0 


2.9 


51.6 


7.2 


2.5 


1.7 


14.4 


113.6 


110.0 


1.75 


243 


148 


Apr. 










2.7 


1.6 


14.3 


113.7 


109.4 


1.75 


241 


148 


May 










2.9 


1.3 


14.4 


114.0 


109.8 


1.76 


240 


144 


June 


372.4 


8.8 


53.5t 


6.9 


3.2 


1.6 


14.5 


114.5 


109.5 


1.76 


240 


143 


July 










3.3 


1.5 


14.5 


114.7 


110.9 


1.77 


232 


144 


Aug. 










3.3 


1.2 


14.1 


115.0 


110.6 


1.77 


235t 


138t 


Sept.** 


371.0 


5.5 


51.5 


6.8 


3.2 


1.2 


14.0 


115.2 


111.0 


1.78 


232 


130 



(1) Includes stockpiling, atomic energy, and Mutual Defence Assistance in 
addition to strictly military programmes. 

(2) Seasonally adjusted annual rates. 

(3) Value of newr work put in place. 

(4) Seasonally adjusted. 

(5) Production workers. 



(6) Quarterly averages for first four columns. Calendar year totals in the case 

of "Construction" and "Retail Sales". 
* Not available. 
** Preliminary. First four columns are estimates by the Council of Economic 

Advisers. 
t Revised. 



OCTOBER 1953 



178 



Millions of Dollars 



XVI— EXTERNAL TRADE AND TRADE INDEXES"' 

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



TOTAL EXPORTS (EXCLUDING GOLD) TO<^> 


New Gold 


EXPORT INDEXES (5) 

inAO inn 


















Production 




" "" 










Other 


Western 


Central 




Total 


Available 










U.S.A. 


U.K. 


Sterling 

Area 

(3) 


Europe & 
Colonies 

(4) 


AND 

South 
America 


All 
Other 


All 
Countries 


for 
Export 


Total 
Value 


Price 


Physicai, 
Volume 


Calendar Years 
























1926 


471 


318 


85 


283 


44 


76 


1,277 


30 


41.0 


70.2 


58.4 


1929 


515t 


226 


93 


207t 


44 


92 


1,178 


37 


37.5 


64.4 


58.2 


1933 


173t 


188 


39 


95t 


10 


30 


535 


82 


17.2 


39.9 


43.1 


1937 


394 


386 


97 


94 


25 


49 


1,045 


145 


32.4 


53.4 


60.7 


1947 


1,057 


754 


359 


327 


135 


180 


2,812 


99 


90.2 


91.6 


98.5 


1948 


1,522 


689 


290 


317 


127 


165 


3,110 


119 


100.0 


100.0 


100.0 


1949 


1,524 


709 


305 


254 


132 


99 


3,023 


139 


97.3 


103.3 


94.2 


1950 


2,051 


473 


200 


199 


154 


80 


3,157 


163 


101.4 


108.3 


93.6 


1951 


2,334 


636 


266 


364 


217 


146 


3,963 


150 


127.3 


123.0 


103.5 


1952 


2,349 


751 


291 


468 


281 


216 


4,356 


150 


139.9 


121.8 


114.9 


12 Mths. end'g 
























Sept. 1953 


2,482 


669 


260 


407 


225 


230 


4,274 


153 








Monthly 
























1952-Aug. 


181.0 


73.0 


22.7 


45.7 


14.5 


14.8 


351.7 


9.6 


135.2 


120.7 


112.0 


Sept. 


,196.6 


44.1 


18.9 


47.7 


18.9 


16.1 


342.3 


12.8 


131.5 


120.1 


109.5 


Oct. 


210.9 


51.4 


17.0 


52.1 


27.0 


20.9 


379.3 


10.1 


145.9 


120.5 


121.1 


Nov. 


213.3 


61.5 


24.7 


42.7 


22.7 


26.9 


391.8 


13.6 


151.1 


120.4 


125.5 


Dec. 


224.5 


47.7 


19.6 


45.2 


23.3 


33.6 


393.9 


13.5 


152.0 


119.1 


127.6 


1953-Jan. 


191.7 


49.5 


17.7 


22.4 


18.8 


20.8 


321.3 


16.0 


123.8 


119.8 


103.3 


Feb. 


176.8 


36.4 


23.1 


19.5 


13.6 


10.2 


279.6 


16.1 


107.5 


119.3 


90.1 


Mar. 


206.4 


38.8 


18.4 


17.9 


17.7 


13.8 


313.0 


15.6 


120.1 


119.4 


100.6 


Apr. 


192.3 


45.3 


18.0 


21.8 


17.0 


10.4 


304.8 


11.7 


117.5 


119.5 


98.3 


May 


224.2 


68.5 


24.0 


38.5 


15.5 


14.3 


385.0 


12.0 


148.4 


118.6 


125.1 


June 


218.2 


77.3 


27.7 


52.0 


21.4 


19.4 


416.0 


13.7 


160.6 


119.2 


134.7 


July 


212.7 


81.3 


24.7 


43.8 


17.0 


18.8 


398.3 


9.3 


153.4 


118.7 


129.2 


Aug. 


199.9 


67.2 


19.4 


26.7 


12.1 


21.6 


346.9 


10.7 


133.7 


119.0 


112.4 


Sept. 


211.4 


45.0 


25.7 


24.1 


18.2 


19.4 


343.8 


10.4 











TOTAL IMPORTS (EXCLUDING GOLD) FROM 






Excess of 


IMPORT INDEXES(S) 


















Merchandise 
Exports 




1948-100 










Other 


Western 


Central 




Total 














U.S.A. 


U.K. 


Sterling 


Europe & 


AND 


All 


AU 


Merchandise 


Total 




Physical 








Area 
(3) 


Colonies 
(4) 


South 
America 


Other 


Countries 


Imports 


Value 


Price 


Volume 


Calendar Years 
























1926 


669 


165 


47 


71 


33 


23 


1,008 


269 


38.1 


68.9 


55.3 


1929 


894 


195 


59 


90 


33 


28 


1,299 


- 121 


49.1 


63.0 


77.9 


1933 


217 


98 


34 


32 


10 


10 


401 


134 


15.1 


43.7 


34.6 


1937 


491 


147 


87 


43 


21 


20 


809 


236 


30.6 


50.8 


60.2 


1947 


1,975 


189 


158 


64 


159 


29 


2,574 


238 


97.6 


88.0 


110.9 


1948 


1,806 


300 


194 


77 


223 


37 


2,637 


473 


100.0 


100.0 


100.0 


1949 


1,952 


307 


187 


83 


193 


39 


2,761 


261 


104.7 


102.6 


102.0 


1950 


2,131 


404 


242 


114 


215 


68 


3,174 


- 17 


120.4 


110.3 


109.2 


1951 


2,813 


421 


309 


181 


275 


86 


4,085 


- 122 


154.8 


126.2 


122.7 


1952 


2,977 


360 


186 


157 


285 


66 


4,031 


326 


152.3 


110.3 


138.1 


12 Mths. end'g 
























July 1953 


3,232 


431 


171 


170 


289 


67 


4,359 


- 82 








Monthly 
























1952-July 


246.6 


34.1 


16.8 


11.8 


27.7 


6.2 


343.2 


32.0 


155.9 


107.9 


144.5 


Aug. 


212.8 


32.4 


14.3 


12.4 


24.3 


6.7 


302.9 


48.9 


137.5 


106.6 


129.0 


Sept. 


255.1 


31.5 


19.5 


14.2 


21.9 


6.9 


349.1 


- 6.8 


158.3 


106.7 


148.4 


Oct. 


275.2 


37.1 


16.8 


15.5 


26.7 


5.1 


376.4 


3.0 


170.8 


107.8 


158.4 


Nov. 


264.2 


35.3 


15.9 


17.3 


24.6 


6.1 


363.4 


28.3 


164.4 


108.2 


151.9 


Dec. 


265.2 


28.0 


10.1 


13.0 


22.6 


6.2 


345.1 


48.8 


155.8 


108.5 


143.6 


1953-Jan. 


249.2 


30.6 


9.4 


10.3 


21.2 


7.0 


327.8 


- 6.6 


147.5 


108.4 


136.1 


Feb. 


241.0 


27.2 


8.9 


8.9 


20.9 


3.1 


310.0 


-30.4 


140.5 


108.1 


130.0 


Mar. 


272.8 


37.6 


11.0 


11.9 


22.1 


4.7 


360.1 


-47.1 


163.4 


109.0 


149.9 


Apr. 


297.3 


37.9 


12.6 


17.3 


22.8 


3.9 


391.8 


-87.0 


177.9 


109.1 


163.1 


May 


312.3 


43.5 


17.6 


15.4 


27.7 


4.1 


420.6 


-35.6 


190.5 


109 .4t 


174.lt 


June 


299.8 


42.8 


17.1 


17.0 


23.3 


6.3 


406.3 


9.7 


184.2 


110.2 


167.2 


July 


286.5t 


47.lt 


17.9 


16.0 


31.2 


6.7 


405.4t 


- 7.1t 








Aug.* 


247.5 


38.4 










347.1 


- .2 









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

(2) Includes exports of foreign produce. Prior to 1947 wheat exports 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, 1951 and 1952 amounted to 
56.8, 109.1, and 100.9 million dollars respectively. 

(3) Consists of U.K. Dependencies, Union of South Africa, Eire, India, 



Pakistan, Burma, Australia, New Zealand, Iceland, Jordan, Libya, 
Ceylon and Iraq. 

(4) Excludes Spain, but includes Greece and Turkey. 

(5) Excludes exports of foreign produce. Price indexes are based largely on 
unit values derived from the Customs' entries. Price indexes prior to 
1948 are converted from 1935-39 = 100. 

* Preliminary. 

t Revised. t Corrected. 



179 



OCTOBER 1953 



XVII— 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. bd.fl. 


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 


160 


18 


23 


83 


426 


236 


56 


80 


203 


271 


2,726 


1,883 


1948 


136 


12 


54 


371 


1,228 


205 


40 


90 


212 


221 


2,460 


2,188 


1949 


210 


10 


52 


421 


1,002 


67 


53 


72 


205 


251 


2,181 


1,503 


1950 


163 


10 


41 


459 


840 


79 


63 


56 


267 


284 


3,575 


1,612 


1951 


237 


12 


110 


239 


934 


6 


31 


41 


253 


286 


3,436 


2,676 


1952 


336 


13 


193 


15 


668 


4 


2 


69 


279 


263 


3,329 


2,329 


12-mth» ending 


























Aug. 1953 


324 


13 


197 


50 


708 


6 


3 


60 


268 


274 


3,415 


1,796 


Monthly 


























1952-June 


38.3 


1.3 


20.2 


.1 


164.5 


.2 


.1 


5.5 


22.1 


19.3 


303.4 


192.8 


July 


38.3 


1.3 


28.3 


.1 


206.4 


.2 


.2 


6.8 


37.2 


19.6 


221.0 


183.9 


Aug. 


28.6 


.7 


15.1 


- 


68.5 


.2 


.2 


8.6 


35.5 


15.2 


235.9 


216.2 


Sept. 


24.5 


1.1 


15.5 


.4 


9.4 


.3 


.2 


6.6 


33.0 


21.5 


334.1 


233.8 


Oct. 


27.1 


1.4 


25.0 


.1 


33.9 


.4 


.3 


8.4 


25.4 


26.4 


273.9 


266.8 


Nov. 


38.0 


1.1 


19.9 


- 


118.5 


.5 


.4 


8.9 


27.8 


25.5 


330.4 


167.8 


Dec. 


24.7 


1.3 


34.1 


- 


36.6 


.4 


.2 


8.4 


14.2 


28.6 


234.6 


146.8 


1953-Jan. 


18.7 


.8 


6.0 


.1 


21.5 


.3 


.1 


3.5 


16.9 


21.3 


231.1 


138.3 


Feb. 


14.0 


.7 


4.1 


- 


12.8 


.3 


.8 


1.8 


19.4 


25.7 


220.0 


130.2 


Mar. 


11.2 


1.0 


3.7 


5.0 


42.3 


.6 


.2 


3.7 


19.2 


24.4 


301.2 


137.1 


Apr. 


15.4 


1.0 


9.9 


6.1 


8.7 


.7 


.4 


2.6 


12.0 


14.7 


308.0 


56.1 


May 


31.2 


1.1 


20.4 


8.8 


13.4 


.7 


.1 


4.4 


16.2 


26.7 


264.0 


77.4 


June 


42.9 


1.3 


18.6 


7.9 


7.0 


.8 


.2 


4.0 


20.4 


31.0 


313.7 


95.2 


July 


36.3 


1.1 


20.3 


9.5 


39.3 


.9 


.1 


4.7 


31.1 


18.3 


288.1 


163.7 


Aug. 


30.4 


.8 


19.5 


12.4 


30.8 


.5 


.1 


3.4 


33.1 


19.3 


315.5 


182.8 





Wood 
Pulp 


News- 


Autos 
and 


Aluminum 
(unmanu- 


Copper 
(unmanu- 


Lead 

(unmanu- 


Zinc 
(unmanu- 


Nickel 
(unmanu- 


Silver 
(unmanu- 


Asbestos 
(unmanu- 


Fertilizer 


New Gold 
Production 

Available 
for Export 




print 


Trucks 


factured) 


factured) 


factured) 


factured) 


factured) 


factured) 


factured) 






Thous. tons 


Thous. tons 


Thous. 


Thous. tons 


Thous. tons 


Thous. tens 


Thous. tons 


Thous. tons 


Thous. 
fine oz. 


Thous. tons 


Thous. tons 


Thous. 
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 


1952 


1,941 


5,327 


80 


441 


168 


159 


352 


142 


18,475 


902 


746 


4,310 


12-mtbs ending 


























Aug. 1953 


1,875 


5,202 


55 


474 


193 


176 


371 


142 


17,664 


895 


744 


4,484 


Monthly 
1952-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 


44.5 


17.3 


13.4 


24.9 


11.9 


1,366.2 


75.6 


58.7 


277.2 


Sept. 


139.3 


415.5 


6.8 


39.1 


15.1 


15.5 


24.6 


12.2 


801.0 


83.3 


61.2 


374.7 


Oct. 


157.8 


426.2 


8.2 


41.3 


15.1 


16.4 


36.4 


10.6 


1,448.3 


78.1 


65.9 


296.2 


Nov. 


161.7 


498.6 


5.8 


35.1 


14.9 


17.3 


31.0 


12.3 


1,133.0 


69.8 


58.8 


395.4 


Dec. 


164.6 


427.7 


3.6 


35.2 


8.8 


9.6 


27.5 


9.2 


1,455.5 


88.6 


60.7 


398.9 


1953-Jan. 


158.2 


458.9 


3.9 


35.5 


16.1 


18.9 


40.7 


13.3 


2,148.7 


63.5 


67.6 


460.3 


Feb. 


127.4 


372.9 


4.8 


38.1 


20.6 


10.4 


27.6 


11.2 


1,347.3 


63.3 


71.3 


459.9 


Mar. 


149.1 


435.2 


4.0 


51.1 


14.2 


18.8 


34.4 


12.3 


832.7 


74.1 


62.4 


451.3 


Apr. 


144.5 


384.8 


4.2 


30.3 


15.2 


17.6 


29.1 


12.4 


2,079.8 


70.0 


61.1 


334.0 


May 


164.4 


441.2 


3.8 


40.3 


20.9 


11.2 


35.6 


11.5 


2,031.3 


81.5 


69.6 


343.1 


June 


171.8 


434.1 


4.3 


48.0 


20.2 


16.5 


29.8 


12.4 


987.5 


83.7 


69.6 


393.5 


July 


170.4 


478.0 


3.7 


42.3 


20.2 


7.6 


31.1 


12.1 


2,169.1 


71.0 


49.9 


268.3 


Aug. 


165.5 


428.4 


2.4 


37.4 


11.8 


16.0 


23.0 


12.3 


1,229.8 


68.1 


45.5 


308.7 



(Ij 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) Prior to 1947, export figures are based on Board of Grain Commissioners' data rather than Customs' clearances. 



OCTOBER 1953 



180 



XVIII— MERCHANDISE IMPORTS : COMMODITY CLASSIFICATION BY VOLUME'" 

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





















Cotton 


Cotton 


Wool 


Wool 

(yams, 

fabrics 

and 

worsteds) 




Bananas 


Oranges 


Fresh 
Vegetables 


Sugar 


Coffee 


Tea 


Cocoa 


Distilled 
Beverages 


(raw and 
unmanu- 


(thread, 
yams and 


(raw and 
unmanu- 




















factured) 


fabrics) 


factured) 




Thous. cwt. 


Thous. cwt. 


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 


1952 


2,819 


11,024 


111 


11,864 


98 


46 


34 


3,995 


181 


51 


32 


12 


12-mths ending 


























June 1953 


2,991 


11,630 


624 


11,747 


101 


50 


35 


4,151 


188 


61 


44 


16 


Monthly 
1952-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 


59.5 


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 


342.0 


6.1 


3.9 


4.7 


1.2 


Sept. 


260.0 


726.8 


8.5 


1,321.0 


7.9 


4.3 


.5 


443.7 


12.0 


4.2 


2.6 


1.1 


Oct. 


238.9 


628.3 


22.3 


1,972.2 


8.4 


3.8 


.5 


405.9 


17.5 


5.3 


2.4 


1.3 


Nov. 


194.6 


790.7 


31.5 


1,602.9 


8.9 


5.9 


.8 


348.4 


20.8 


5.1 


2.2 


1.4 


Dec. 


196.1 


1,695.5 


46.4 


528.0 


8.7 


3.8 


.8 


415.0 


22.3 


5.2 


2.2 


1.2 


1953-Jan. 


158.7 


762.9 


51.5 


69.9 


8.5 


4.0 


1.7 


317.2 


20.4 


5.6 


4.2 


1.6 


Feb. 


180.9 


1,042.5 


55.5 


407.9 


8.3 


3.1 


6.4 


226.4 


21.8 


6.1 


3.5 


1.3 


Mar. 


221.9 


1,106.8 


76.5 


442.8 


10.6 


6.0 


2.8 


363.8 


17.2 


6.0 


3.7 


1.4 


Apr. 


249.5 


1,016.9 


100.2 


800.6 


9.6 


4.4 


3.3 


324.6 


16.4 


5.0 


5.5 


1.5 


May 


312.5 


1,126.5 


98.2 


1,129.9 


8.9 


5.2 


7.3 


384.4 


15.1 


5.3 


5.8 


1.5 


June 


298.3 


1,089.7 


67.6 


1,280.7 


6.2 


3.6 


4.2 


257.4 


11.6 


4.6 


4.1 


1.5 





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. Ions 


Thous. 


Thous. Ions 


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 


11 


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 


684 


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 


1952 


81 


4,268 


156 


179 


673 


339 


39 


2,455 


88 


25 


2,897 


1,043 


12-mth8 ending 


























June 1953 


86 


4,474 


152 


128 


568 


264 


61 


2,467 


86 


24 


3,048 


1,045 


Monthly 


























1952-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 


Sept. 


5.1 


1,029.0 


8.7 


14.4 


55.4 


25.5 


3.1 


318.4 


5.2 


2.7 


262.4 


121.4 


Oct. 


6.9 


949.1 


14.4 


14.5 


57.6 


31.0 


3.6 


254.1 


4.1 


2.6 


251.1 


100.9 


Nov. 


6.4 


642.7 


33.8 


13.5 


51.2 


25.8 


2.4 


198.9 


10.1 


2.2 


255.9 


106.5 


Dec. 


9.3 


212.5 


24.7 


10.3 


49.7 


18.3 


2.0 


176.2 


5.2 


1.5 


241.3 


116.5 


1953-Jan. 


8.3 


16.6 


25.2 


13.1 


47.1 


19.8 


2.8 


28.5 


5.0 


1.2 


263.9 


71.4 


Feb. 


7.6 


11.0 


4.8 


7.9 


45.2 


19.2 


2.9 


14.3 


2.7 


1.6 


233.5 


51.6 


Mar. 


6.2 


2.2 


8.6 


9.6 


47.5 


19.9 


6.2 


19.4 


8.2 


1.4 


251.9 


48.9 


Apr. 


7.1 


12.1 


10.4 


10.4 


55.8 


23.4 


8.9 


17.4 


16.0 


1.6 


228.4 


49.8 


May 


8.6 


460.1 


3.5 


9.3 


56.1 


25.4 


9.6 


364.1 


4.3 


2.3 


225.1 


91.2 


June 


7.5 


685.4 


5.1 


9.0 


49.9 


28.9 


8.9 


337.5 


10.7 


2.5 


267.2 


88.1 



(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. 



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TATISTICAL SUMMARY 



BANK OF CANADA 



I 

II 
III 



IV 

V 

VI 

VII 

VIII 

IX 



X 

XI 

XII 

XIII 

XIV 

XV 

XVI 

XVII 



Tables l Pages 

Bank of Canada: Liabilities and Assets \ . . 181 - 182 

Chartered Banks : Liabilities and Assets V* • 181-182 

General Public Holdings of Certain Liquid Assets: 1 

A — Currency, Bank Deposits and Government of Canada Securities . . 183 - 184 

B — Approximate Division between Non-Resident and Resident Corporate 

and Resident Non-Corporate Holdings 185 - 186 

Foreign Exchange Rates 185 

Official Holdings of Gold and U.S. Dollars 185 

Estimated Distribution of Government of Canada Direct and 

Guaranteed Funded Debt 187 - 188 

Government Bond Yields and Treasury Bill Rates 189 

Price Indexes 189 

Corporate Financial Statistics: 1946-1952 

Total 697 Companies: Summary Statement 190 

Source and Use of Funds 191 

Year-end Balance Sheet 191 

By Asset Groups: 1. Assets over $25 mm 191 

2. Assets $5 mm. to $25 mm 192 

3. Assets $1 mm. to $5 mm 193 

4. Assets under $1 mm 194 

Total 697 Companies : Net Profit before Tax 195 

Net Income to Stockholders 196 

51 Food Products Companies 197 

16 Beverage Companies 198 

23 Primary Textile Companies 199 

19 Pulp and Paper Companies 200 

57 Iron, Steel and Products Companies 201 

55 Machinery Companies (excl. Electrical) 202 

24 Electrical Machinery and Equipment Companies 203 

52 Gold Mining Companies 204 

11 Non-ferrous Metal Mining Companies 205 

8 Petroleum Companies 206 

30 Chemical Companies 207 

56 Wholesale Trade and Services Companies 208 

6 Retail Food Chain Companies 209 

4 Department Store Companies 210 

21 Electric and other Utility Companies 211 

Employment and Labour Income 212 

Volume of Industrial Production 212 

National Accounts: Quarterly 1949-1953 213-217 

Canadian Balance OF International Payments: Quarterly. . . . 218 

International Securities Transactions 219 

U.S.A. Economic Statistics 219 

External Trade and Trade Indexes 220 

Merchandise Imports: Commodity Classification BY Value. . . . 221-222 



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 1953 



181 

Millions of Dollars 



NOVEMBER 1953 

I— BANK 



As at Dec. 31 
1935 
1937 
1939 

1946 
1947 
1948 
1949 
1960 
1951 
1952 
End of 
1962— Aug, 

Sept. 

Oct. 

Nov. 

Dec. 

1953— 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 
272.5 

197.4 
238.1 
194.6 
204.9 
272.5 

213.4 
191.5 
232.3 
232.7 
210.4 
239.0 
214.2 
247.7 
262.0 
211.2 



Deposits 

at 
B. of C. 



181.6 
196.0 
217.0 

565.5 
536.2 
547.3 
541.7 
578.6 
619.0 
626.6 

614.7 
588.2 
668.8 
607.3 
626.6 

603.1 
668.0 
601.1 
646.7 
594.9 
647.6 
646.6 
617.8 
616.9 
733.6 



Total 



222.2 
249.9 
287.6 

742.3 
720.1 
738.1 
753.S 
809.9 
892.1 
899.1 

812.1 
826.3 
863.4 
812.2 
899.1 

816.5 
859.5 
833.4 
879.3 
805.4 
886.7 
860.8 
865.5 
878.9 
944.8 



Govt, of 
Canada 
Deposits 



17.9 
11.1 
46.3 

60.5 
68.8 
98.1 
30.7 
24.7 
94.9 
16.2 

52.0 
30.7 
18.8 
15.0 
16.2 

40.5 
88.6 
60.6 
48.3 
45.6 
47.9 
43.8 
66.4 
15.4 
3.8 



Other 
Deposits 



3.5 
17.9 

93.8 
67.5 
81.0 
126.9 
207.1 
66.1 
44.5 

47.4 
49.4 
56.0 
65.1 
44.5 

47.6 
51.4 
66.5 
76.8 
72.1 
82.6 
68.7 
35.2 
37.8 
37.2 



Foreign 
Currency 
Deposits" 



1.0 
2.0 
.4 
79.6 
133.6 
155.6 
82.9 

82.1 
78.8 
48.4 
73.5 
82.9 

70.2 
77.4 
71.0 
73.4 
64.8 
72.0 
80.9 
73.3 
74.9 
76.0 



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 
1,288.7 

1,267.0 
1,238.4 
1,291.0 
1,293.9 
1,288.7 

1,266.2 
1,281.3 
1,261.1 
1,272.1 
1,307.5 
1,290.0 
1,333.0 
1,302.0 
1,290.5 
1,344.7 



All 

Other 

Accounts 



7.7 
14.4 
13.3 

41.7 
40.4 
42.7 
39.5 
39.0 
44.4 
50.0 

40.0 
65.1 
51.4 
51.8 
50.0 

60.0 
31.8 
34.1 
37.2 
50.1 
44.9 
65.4 
53.1 
63.0 
64.8 



NOVEMBER 1953 
OF CANADA 



ASSETS 



182 

Millions of Dollars 



Total 

Liabilities , 

or 

Assets 



Gold 



-i- 



307.7 
390.3 
527.2 

1,948.6 
1,926.2 
2,058.6 
2,125.9 
2,350.3 
2,444.1 
2,381.4 

2,300.7 
2,278.9 
2,329.0 
2,311.4 
2,381.4 I 

2,300.9 i 

2.390.1 I 
2,326.7 I 

2.387.2 I 
2,345.4 
2,424.2 
2,452.6 
2,395.4 I 
2,360.5 
2,471.3 



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



Millions of Dollars 



Asat Dec. 31 
1926 
1929 
1933 
1937 
1947 
1949 
1950 
1951 
1952 

End of 

1952— Sept. 
Oct. 
Nov. 
Dec. 

1953— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 



LIABILITIES 



Notes 



175 
175 
132 
102 
18 
14 



Deposits 



Public 
Demand 



729 
502 
699 
2,296 
2,426 
2,770 
2,963 
3,242 

3,026 
3,068 
3,106 
3,242 

2,974 
2,949 
2,936 
3,115 
3,040 
3,143 
3,049 
3,139 
3,150 
3,152 



Notice 



Govt, of 

Canada 

and Prov. 



1,373 
1,434 
1,357 
1,583 
3,740 
4,333 
4,658 
4,612 
4,924 

4,901 
4,901 
4,916 
4,924 

4,946 
5,008 
5,067 
6,107 
5,100 
6,126 
5,152 
5,206 
6,226 
5,148 



Canadian 
Deposits 



31 

92 

61 

53 

376 

367 

500 

322 

255 

264 
351 
269 
266 

270 
352 
456 
419 
346 
365 
296 
306 
316 
444 



2,025 
2,270 
1,933 
2,387 
6,473 
7,348 
7,997 
8,088 
8,623 

8,396 
8,529 
8,501 
8,623 

8,367 
8,471 
8,618 
8,827 
8,681 
8,862 
8,694 
8,815 
8,884 
8,952 



Foreign 



Total 
Deposits 



334 
442 
322 
409 
824 
730 
735 
795 
865 

864 
835 
865 
865 

845 
876 
886 
915 
908 
904 
886 
872 
879 
883 



2,410 
2,820 
2,294 
2,819 
7,406 
8,177 
8,867 
9,003 
9,570 

9,333 
9,445 
9,435 
9,570 

9,275 
9,437 
9,586 
9,815 
9,656 
9,822 
9,640 
9,755 
9,834 
9,919 



Cash 

in (3) 
Canada 



228 
228 
196 
250 
720 
753 
810 
892 
899 

826 
863 
812 



817 
860 
833 
879 
805 
887 
861 
865 
879 
945 



Securities 



Govt, of 
Canada 



Prov- 
incial 



304 

297 

651 

1,111 

3,116 

3,112 

3,079 

2,764 

2,784 

3,028 
2,991 
2,839 
2,784 

2,863 
2,940 
3,024 
3,038 
2,915 
2,864 
2,787 
2,813 
2,843 
2,726 



445 
416 
355 
379 

368 
380 
392 
379 

330 
322 
308 
309 
320 
310 
297 
299 
301 
319 



Foreign 
Govt. 



Other 



Silver 



1.6 
3.0 



Foreign*'' 
Exchange 



4.2 
14.9 
64.3 

1.0 

2.0 

.5 

74.2 

111.7 

117.9 

77.2 

75.0 
73.6 
42.9 
67.6 
77.2 

64.4 
72.1 
65.7 
68.1 
59.4 
66.5 
75.0 
67.6 
69.1 
70.7 



Securities 



Govt, of Canada 
AND Provincial 



Under 2 yra. 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 
1,459.8 

1,303.2 
1,263.7 
1,286.7 
1,214.3 
1,459.8 

1,351.2 
1,411.9 
1,371.0 
1,436.6 
1,364.8 
1,405.5 
1,451.6 
1,414.0 
1,386.7 
1,469.9 



83.4 
91.6 
49.9 

708.2 
858.5 
779.1 
227.8 
712.5 
1 ,049.3 
767.2 

852.9 
870.9 
896.1 
957.3 
767.2 

803.0 
817.5 
810.9 
796.0 
821.4 
862.0 
838.5 
830.9 
824.9 
812.1 



Ind. Dev. 

Banlc 
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 
26.0 
25.0 
25.0 
25.0 



Other 
Securities 



12.2 



5.5 

247.9 

89.0 

13.0 

11.0 
11.0 
35.8 
12.4 
13.0 

13.4 

14.2 
14.5 
15.0 
16.5 
16.5 
15.7 
15.8 
16.1 
36.4 



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 
2,265.0 

2,192.2 
2,170.6 
2,243.6 
2,208.9 
2,265.0 

2,192.6 
2,268.6 
2,221.3 
2,272.7 
2,226.7 
2,298.1 
2,330.8 
2,285.8 
2,251.7 
2,343.5 



Advances 



3.5 



All 

Other 

Accounts 



3.5 
6.5 
5.6 

27.1 
18.7 
20.4 
12.0 
24.0 
21.0 
39.2 

33.5 
34.6 
42.5 
34.8 
39.2 

43.8 
49.5 
39.8 
46.4 
59.3 
59.5 
46.7 
42.1 
39.8 
57.1 



As at Dec. 31 
1935 
1937 
1939 

1946 

1947 

1948 

1949 

1950 

1951 

1952 

End of 
Aug.— 1962 
Sept. 
Oct. 
Nov. 
Dec. 

Jan.— 1953 

Feb. 

Mar. 

Apr. 

May 

June 

July 

Aug. 

Sept. 

Oct. 



II— CHARTI RED BANKS 

Bank 0. Canada 



Millions of Dollars 



ASSETS 



Total 



180 
151 
210 



59 
271 
242 
193 
200 
255 

262 
233 
230 
255 

266 
250 
236 
248 
252 
254 
257 
243 
261 
228 



242 
487 
545 
699 
567 
537 

545 
543 
546 
537 

522 
529 
514 
540 
537 
537 
532 
531 
622 
517 



ei'd clnXn^"prit;T„^9lg°3l'LTmt«h.y aJeTalrdeXS in.^lU^lt.'' '"(iVlanVoTc'''^ ^? ^"'" H^'''^'' ',"?■ ^°'^. '""P?'" '" ^-'"'''' °°'"'' 
January 1950; liability for out..anding note, Lued fir SatfoS in CaS^datrl^sferreTto^B^a^k of'^cSlda^SS JL'uiy T9Sa '"" '"' """ ^"•""^''^ ""' ^""""^ 



484 
448 
861 
1,411 
3,874 
4,345 
4,286 
3,876 
3,955 

4,202 
4,147 
4,006 
3,955 

3,981 
4,042 
4,082 
4,135 
4,024 
3,956 
3,872 
3,886 
3,918 
3,789 



Loans 



151 
262 
106 
76 
105 
133 
134 
107 
156 

135 
130 
121 
155 

135 
141 
140 
152 
138 
123 
125 
135 
110 
144 



970 
1,403 
898 
749 
1,921 
2,174 
2,651 
2,901 
3,188 

2,979 
3,096 
3,243 
3,188 

3,178 
3,181 
3,262 
3,372 
3,402 
3,469 
3,543 
3,621 
3,648 
3,718 



85 
122 
138 
113 
78 
97 
125 
127 
101 

114 
116 
108 
101 

115 
120 
132 
136 
124 
107 
106 
111 
124 
120 



273 
245 
90 
60 
66 
70 
100 
131 
170 

110 
145 
156 
170 

158 
186 
147 
178 
168 
179 
177 
195 
173 
208 



270 
251 
138 
166 
234 
211 
247 
278 
264 

265 
263 
273 
264 

266 
265 
274 
270 
273 
270 
254 
261 
251 
259 



Total 
Assets 



2,940 
3,521 
2,816 
3,281 
7,974 
8,718 
9,496 
9,610 
10,157 

9,907 
10,042 
10,038 
10,157 

9,872 
10,034 
10,182 
10,416 
10,242 
10,398 
10,210 
10,318 
10,398 
10,506 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (J) 
Canada 


Deposits 

(4) 


Canadian 
Deposits 


Note (5) 
Circulation 












Aver, of Dally Figures 


192 


1,958 


9.8 


■ 195 


1926 


191 


2,293 


8.3 


205 


1929 


189 


1,941 


9.8 


157 


1933 


240 


2,367 


10.2 


200 


1937 


670 


6,209 


10.8 


1,013 


1947 


746 


7,178 


10.4 


1,087 


1949 


755 


7,487 


10.1 


1,085 


1950 


791 


7,759 


10.2 


1,132 


1951 


846 


8,110 


10.4 


1,207 


1952 


855 


8,183 


10.5 


1,231 


Sept.— 1952 


868 


8,393 


10.3 


1,246 


Oct. 


848 


8,443 


10.0 


1,255 


Nov. 


840 


8,314 


10.1 


1,282 


Dec. 


906 


8,426 


10.8 


1,230 


Jan.— 1953 


889 


8,296 


10.7 


1,232 


Feb. 


883 


8,407 


10.5 


1,245 


Mar. 


869 


8,618 


10.1 


1,257 


^i"'- 


880 


8,699 


10.1 


1,269 


May 


865 


8,529 


10.1 


1,268 


June 


875 


8,685 


10.1 


1,286 


July 


874 


8,669 


10.1 


1,296 


Aug. 


878 


8,661 


10.1 


1,294 


Sept. 


889 


8,787 


10.1 


1,304 


Oct. 



nn"5;r"I T^ — ^^ '. I r-„M B.«.rvr Dpnoalts- after that date. Bank of Canada Notes and Deposits. (4) Figures given are averages of estimated month- 

ZS.^'^it^'^rJ^Mou^X.tueftf^^^ f'<l"'' o"'"' <« Notes issued for circulation outside Canada only commencing in 



183 



Millions of Dollars 



NOVEMBER 1953 



NOVEIVIBER 1953 



III-GENERAL PUBLIC HOLDINGS ^F CERTAIN LIQUID ASSETS* 
A— Currency, Bank Deposits and Government of Canada Securities 

Bank of Canada 



184 



Millions of DoUan 





Currency and Active Bank Deposits 


Inactively 

Chartered 

Bank 

Notice 

Deposits 


Total 

Currency 

and 


Related Bank Assets 






Currency 
Outside Banks 


Active Bank Deposits'" 


Total 

Currency 

and 

Active 

Bank 


Bank 
Deposits 

Total 
Related 


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-CJovt. Securities 


Bk. of Can. 
Gold and 
Exchange 


Less: 

All 

Other 


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 




Assets 


Total 


Deposits 

(4) 


Loans 

(6) 


Securities 

(8) 


Total 


holdings 
(net) 


(net) 

(7) 






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 


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 


8,712 


6,021 


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 


4,067 


49 


154 


3,952 


1951 


1952 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


5,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


1952 


1952— 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 


End of 
Sept.-1962 


Oct, 


1,291 


88 


1,379 


3,068 


788 


441 


4,297 


589 


3,708 


56 


3,764 


5,143 


4,113 


9,255 


6,174 


138 


5,036 


3,343 


923 


4,266 


26 


72 


4,219 


Oct. 


Nov. 


1,294 


89 


1,383 


3,106 


790 


403 


4,299 


618 


3,681 


65 


3,746 


5,129 


4,125 


9,254 


5.011 


92 


4,919 


3,471 


937 


4,408 


1 


74 


4,335 


Nov. 


Dec. 


1,289 


88 


1,377 


3,242 


796 


453 


4,491 


740 


3,751 


45 


3,796 


5,173 


4,129 


9,302 


6,011 


19 


4,992 


3,444 


916 


4,360 


2 


52 


4,310 


Dec. 


1953— Jan. 


1,266 


87 


1,353 


2,974 


805 


371 


4,150 


540 


3,610 


48 


3,658 


5,011 


4,139 


9,150 


5,017 


108 


4,909 


3,428 


852 


4,280 


2 


40 


4,242 


Jan. -1953 


Feb. 


1,281 


88 


1,369 


2,949 


816 


363 


4,128 


547 


3,581 


51 


3,632 


5,001 


4,192 


9,193 


5,169 


239 


4,930 


3,442 


851 


4,293 


2 


32 


4,263 


Feb. 


Mar. 


1,261 


88 


1,349 


2,936 


824 


450 


4,210 


585 


3,625 


67 


3,692 


5,041 


4,242 


9,283 


5,205 


225 


4,980 


3,634 


822 


4,356 


2 


55 


4,303 


Mar. 


Apr. 


1,272 


89 


1,361 


3,115 


831 


415 


4,361 


571 


3,790 


77 


3,867 


5,228 


4,276 


9,504 


5,271 


238 


5,033 


3,660 


849 


4,509 


2 


40 


4,471 


Apr. 


May 


1,307 


91 


1,398 


3,040 


832 


403 


4,275 


609 


3,666 


72 


3,738 


5,136 


4,268 


9,404 


5,101 


184 


4,917 


3,664 


857 


4,521 


2 


36 


4,487 


May 


June 


1,290 


88 


1,378 


3,143 


835 


497 


4,475 


722 


3,753 


83 


3,836 


5,214 


4,291 


9,505 


5,112 


134 


4,978 


3,699 


848 


4,547 


2 


22 


4,527 


June 


July 


1,333 


92 


1,425 


3,049 


839 


383 


4,271 


610 


3,661 


69 


3,730 


5,155 


4,313 


9,468 


5,077 


154 


4,923 


3,773 


828 


4,601 


2 


58 


4,545 


July 


Aug. 


1,302 


92 


1,394 


3,139 


851 


323 


4,313 


585 


3,728 


35 


3,763 


5,157 


4,355 


9,512 


6,058 


213 


4,845 


3,867 


829 


4,696 


2 


31 


4,667 


Aug. 


Sept. 


1,291 


92 


1,383 


3,150 


855 


432 


4,437 


622 


3,815 


38 


3,853 


5,236 


4,371 


9,607 


5,053 


92 


4,961 


3,882 


824 


4,706 


2 


62 


4,646 


Sept. 


Oct. 


1,345 


94 


1,439 


3,152 


844 


387 


4,383 


662 


3,721 


37 


3,758 


5,197 


4,304 


9,501 


6,008 


269 


4,739 


3,982 


835 


4,817 


22 


77 


4,762 


Oct. 


. 1 

2. GOVERNMENT OF CANADA SECURITIES 






3. TOTAL OF CERTAIN LIQUID ASSETS HELD BY THE GENERAL PUBLIC, 
AND RELATED FACTORS 




Outstani 


MNG«i) 




DISTRIB UTION("> 


Liquid Assets 


Total 
Liquid 

Assets 

Total 
Related 
Factors 


Related Factors"" 






Direct Funded Debt 


Guar- 
anteed 

Un- 
matured 
Funded 
Debt 


Exchange 
rate ad- 
justment 
(11) 


Total 

(including 
exchange 
rate adjust- 
ment) 


Bank 

of 

Canada 


Chartered 
Banks 


Govern- 
ment 
Accounts 


General 
Public 


Currency 

and 

Active 

Bank 

Deposits 


Inactive 
Char- 
tered 
Bank 
Notice 

Deposits 


Govt, of Canada 
Securities 


Bank 

Assets 

other than 

Govt, of 

Canada 

Securities 

(H) 


Govt, of 
Can. Debt 
less (jovt. 
Deposits & 
holdings of 
Govt. Ace ts 






Unmatured 


Mat 
a 

Ol 

Stan 


ured 
id 
it- 
ding 


Total 






Special 
Banking 
Issues") 


Other 
market 
Issues 


Non- 
market 
Debt<'»> 


Total 


Market 

Issues 

(i» 


Non- 
market 

(10) 


Total 




ae at Dec. 31 
















































as at Dec. 31 


1949 


1,200 


12,755 


1,227 


15,182 


( 


3 


15,235 




MP. 


-t-S6 


1S,819 


2,009 
1,942 


3,112 
3,079 
2,754 
2,784 


796 


9,902 




4,422 


3,751 


8,675 


1,227 


9,902 


18,075 


3,233 


14,842 


1949 


1950 


1,500 


12,586 


1,218 


15,304 


S 


1 


15,355 




577 


+ 2 


15,934 


847 


10,066 




4,851 


3,861 


8,848 


1,218 


10,066 


18,778 


3,971 


14,807 


1950 


1951 


1,400 


12,225 


1,194 


14,819 


•2 


1 


14,840 




529 


-27 


15,342 


2 191 


1,009 


9,388 




4,843 


3,894 


8,194 


1,194 


9,388 


18,125 


3,952 


14,173 


1951 


1952 


1,400 


12,020 


1,250 


14,670 


1 


9 


14,689 




528 


-43 


15,174 


2,227 


1,101 


9,062 




6,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,055 


1952 


1952— Sept. 


1,500 


12,172 


1,011 


14,683 




9 


14,702 




528 


-48 


15,182 


2,136 
2,183 
2,172 


3 028 


1,071 


8,948 




5,015 


4,114 


7,937 


1,011 


8,948 


18,077 


4,058 


14,019 


Sept.-1952 


Oct. 


1,500 


12,172 


1,032 


14,704 




9 


14,722 




528 


-45 


15,205 


2,991 
2,839 
2,784 


1,083 


8,948 




5,143 


4,113 


7,916 


1,032 


8,948 


18,204 


4,219 


13,985 


Oct. 


Nov. 


1,400 


12,021 


1,273 


14,694 




9 


14,713 




528 


-41 


15,199 


1,096 


9,092 




5,129 


4,125 


7,819 


1,273 


9,092 


18,346 


4,335 


14,011 


Nov. 


Dec. 


1,400 


12,020 


1,250 


14,670 




9 


14,689 




528 


-43 


15,174 


2,227 


1,101 


9,062 




5,173 


4,129 


7,812 


1,250 


9,062 


18,365 


4,310 


14,054 


Dec. 


1953— Jan. 


1,375 


12,080 


1,237 


14,692 




9 


14,710 




528 


-43 


15,195 


2,154 
2,229 
2,182 
2,233 
2 186 


2 863 


1,101 
1,096 
1,093 
1,090 


9,077 




5,011 


4,139 


7,840 


1,237 


9,077 


18,227 


4,242 


13,985 


Jan.-1953 


Feb. 
Mar. 


1,500 
1,550 
1,600 


12,080 
12,055 
12,055 


1,225 
1,206 
1,190 


14,805 
14,811 
14,845 




8 

9 


14,824 
14,831 
14,864 




528 
528 
528 


-38 
-38 
-36 


15,314 
15,321 
15,356 


2,940 
3,024 
3,038 
2,915 
2,854 
2,787 
2,813 
2,843 
2,726 


9,049 
9,022 
8,995 




5,001 
6,041 
5,228 


4,192 
4,242 
4,276 


7,824 
7,816 
7,806 


1,225 
1,206 
1,190 


9,049 
9,022 
8,995 


18,242 
18,305 
18,499 


4,263 
4,303 
4,471 


13,979 
14,002 
14,028 


Feb. 
Mar. 


May 


1,400 


12,055 


1,163 


14,618 




7 


14,635 




528 


-34 


15,129 
15,110 
15,099 
15,093 
15,075 
15,166 


1,183<"' 


8,845 




6,136 


4,268 


7,682 


1,163 


8,845 


18,249 


4,487 


13,762 


May 


June 

July 


1,400 
1,400 


12,055 
12,065 


1,143 
1,126 


14,598 
14,591 




7 
7 


14,615 
14,608 




528 
527 


-33 
-35 


2,258 
2,290 
2,245 
2,211 
2,282 


1,207 
1,220 


8,791 
8,802 
8,799 
8,770 
8,896 




5,214 
5,155 


4,291 
4,313 


7,648 
7,676 


1,143 
1,126 


8,791 
8,802 


18,296 
18,270 


4,527 
4,545 


13,769 
13,725 


June 
July 


Aug. 
Sept. 
Oct. 


1,400 
1,400 
1,400 


12,075 
12,077 
12,092 


1,109 
1,091 
1,167 


14,584 
14,568 
14,658 




8 
8 
9 


14,602 
14,586 
14,677 




527 
527 
527 


-35 
-38 
-37 


1,236 
1,251 
1,262 




6,157 
5,236 
5,197 


4,355 
4,371 
4,304 


7,690 
7,679 
7,729 


1,109 
1,091 
1,167 


8,799 
8,770 
8,896 


18,311 
18,377 
18,397 


4,667 
4,646 
4,762 


13,644 
13,732 
13,635 


Aug. 
Sept. 
Oct. 


•ff The term Ge 
residents; for 
holdings on a 
and non-corp 

(I) Total Canad 
Canada less: 


neral Public refers to holdings of non-residents as well as 
an approximate division between resident and non-resident 
quarterly basis and of resident holdings between corporate 
orate holdings as at year ends see Table III-B. pages 185-186. 
an dollar deposits of the chartered banks and the Bank of 
(a) Inactive chartered bank notice deposits whidi consist of 


of the Government of Canada at the chartered banks and the Bank of 
Canada (shown m "Related Bank Assets" section); (d) Canadian dollar 
deposits 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. 


ni Net of all related a«et and liability items of the chartered banks and Bank (13) Including any special banking issues held by the general puDiic. 
S Canada whfchS"notstowr^^^^ in this table; includes foreign 14) As shown in "Other Related Bank Assets". Section l^above, 
!,..„„i;ri..„ ,»H ii,i,ii:,i.= f^^J^^^ (15) The whole of the increase or decrease in Canada s foreign exchange 
(8) Net of staS fund Sings (exce^ in footnote 16). reserves is embodied in the related factors. To the extent that such 
9) TreasurTBinf' Deposit Certiorates and short-term notes issued directly changes do not appear in Section 1, "Related Bank Assets" under the 
t„ the £nW of CanaX and chStered banks. heading "Bank of Canada Gold and Exchange holdings (net)" they 
(10) RefuSdaWe tL wlrslvingrCer^^^^^^ . . affect changes in Government of Canada Securities out_standing. 


the estimatec 
personal sav 
Canada; (b) 
month-end re 


aggregate minimum quarterly balan 
niis deposits in Canada plus non-pers 
Float, i.e. cheques on other banks as s 
turns to the Minister of Finance; (c) C 


ces ir 
onal 
lown 
anad 


charte 
notice 
in char 
ian doU 


red bar 
ieposiL 
tered b 
ar depo 


ks' 

ank 
sits 


(■1) 
<S) 

(6) 


Seefo 
For es 
page 1 
Provir 


jtnote CI 
timated 
67. 
cial. Ml 


)c. 

quarterly c 
inicipal and 


lassification 
"Other" sec 


of Canadian 
uritiea. 


loans see Tal 


le 


IV. 


(U) Adjustment necessary to change value of foreign pay securities rom £1 = 
4.86! U.S. - 4.86} Cdn. to current rates of exchange. Official "■■d-rates of 
exchange have been used to September 30, 1950 and market rates thereafter. 

(12) For de&iled breakdown of distribution of Government of Canada debt as 
at year-ends see Table VI, pages 187-188. 


(16) Including 575 millions ot bonds purchased in the New York market 

during May 1953 which are held in a sinking fund account. 
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. 



185 




















NOVEMBER 1953 


NOVEMBER 1953 




















186 


















III— GENERAL PUBLIC HOLDINGS 


OF CERTAIN LIQUID ASSETS'" 






























B — ^Approximate Division Between Non-Resident, 


Resident 


Corporate!" and Resident Non-Corporate") Holdings 






































Bank of 


CaTiada 


























Millions of Dollars 














































Millions of Dollars 




Total Currency and Active Bank Deposits 


Inactive Chartered Bank Notice Deposits 




Government of Canada Securities 


Total 






Non- 
resident 


Resident 


Total 


Non- 
resident 


Resident 


Total 


Non- 
resident 




Resident 


Total 


Non- 
resident 


Resident 


Total 






Corporate 


Non- 
corporate 


Total 


Corporate 


Non- 
corporate 


Total 




Corporate 


Non-corporate 


Total 


Corporate 


Non- 
corporate 


Total 






Market 
Issues 


Non- 
market 


Total 


Market 
Issues 


Non- 
market 


Total 




as at Dec. 31 
1938 


89 


383 


659 


1,042 


1,131 


120 


168 


1,184 


1,352 


1,472 


1,411 


847 


_ 


847 


970 


_ 


970 


1,817 


3,228 


1,620 


1,398 


2,813 


4,211 


5,831 


a3 at Dec. 31 
1938 


1939 


159 


463 


748 


1,211 


1,370 


109 


175 


1,260 


1,435 


1,544 


1,398 


919 


- 


919 


962 


- 


962 


1,881 


3,279 


1,666 


1,557 


2,970 


4,527 


6,193 


1939 


1940 


83 


599 


881 


1,480 


1,563 


88 


178 


1,172 


1,350 


1,438 


1,276 


1,161 


— 


1,161 


1,207 


26 


1,233 


2,394 


3,670 


1,447 


1,938 


3,286 


5,224 


6,671 


1940 


1941 


76 


769 


1,056 


1,825 


1,901 


88 


183 


1,162 


1,345 


1,433 


1,109 


1,433 


- 


1,433 


1,511 


109 


1,620 


3,053 


4,162 


1,273 


2,385 


3,838 


6,223 


7,496 


1941 


1942 


89 


990 


1,-270 


2,260 


2,349 


90 


237 


1,109 


1,346 


1,436 


995 


1,870 


- 


1,870 


2,310 


169 


2,479 


4,349 


5,344 


1,174 


3,097 


4,858 


7,955 


9,129 


1942 


1943 


99 


1,069 


1,558 


2,627 


2,726 


112 


234 


1,308 


1,542 


1,654 


1,003 


2,624 


20 


2,644 


3,278 


259 


3,537 


6,181 


7,184 


1,214 


3,947 


6,403 


10,350 


11,564 


1943 


1944 


122 


1,200 


1,831 


3,031 


3,153 


121 


233 


1,706 


1,939 


2,060 


1,035 


3,397 


60 


3,457 


4,239 


400 


4,639 


8,096 


9,131 


1,278 


4,890 


8,176 


13,066 


14,344 


1944 


1945 


149 


1,257 


2,108 


3,365 


3,514 


136 


211 


2,044 


2,255 


2,391 


1,144 


3,863 


184 


4,047 


5,611 


508 


6,119 


10,166 


11,310 


1,429 


5,515 


10,271 


15,786 


17,215 


1945 


1946 1 


249 


1,415 


2,332 


3,747 


3,996 


147 


269 


2,440 


2,709 


2,856 


1,091 


3,865 


252 


4,117 


5,017 


985 


6,002 


10,119 


11,210 


1,487 


5,801 


10,774 


16,575 


18,062 


1946t 


1947 


221 


1,346 


2,377 


3,723 


3,944 


141 


267 


2,735 


3,002 


3,143 


1,053 


3,576 


258 


3,834 


4,694 


1,182 


5,876 


9,710 


10,763 


1,415 


5,447 


10,988 


16,435 


17,850 


1947 


1948t 


221 


1,582 


2,532 


4,114 


4,335 


124 


288 


2,996 


3,284 


3,408 


1,158 


3,307 


234 


3,541 


4,374 


1,176 


5,550 


9,091 


10,249 


1,503 


5,411 


11,078 


16,489 


17,992 


■ 1948- 


1949t 


255 


1,608 


2,559 


- 4,167 


4,422 


123 


331 


3,297 


3,628 


3,751 


1,240 


3,233 


170 


3,403 


4,201 


1,058 


5,259 


8,662 


9,902 


1,618 


5,342 


11,115 


16,457 


18,075 


1949 


1950t 


421 


1,797 


2,633 


4,430 


4,851 


147 


361 


3,353 


3,714 


3,861 


1,366 


3,300 


114 


3,414 


4,182 


1,104 


5,286 


8,700 


10,066 


1,934 


5,572 


11,272 


16,844 


18,778 


1950 


1951t 


235 


1,877 


2,731 


4,608 


4,843 


141 


296 


3,457 


3,753 


3,894 


1,168 


3,133 


24 


3,157 


3,894 


1,169 


5,063 


8,220 


9,388 


1,544 


5,330 


11,251 


16,581 


18,125 


1951 ■ 


1952 


196 


2,004 


2,973 


4,977 


5,173 


112 


309 


3,708 


4,017 


4,129 


965 


2,831 


- 


2,831 


4,016 


1,250 


5,266 


8,097 


9,062 


1,273 


5,144 


11,947 


17,091 


18,365 


1952 


Month-end 


















































Month-end 


1952— Mar. 


233 


* 


* 


4,568 


4,801 


143 


* 


* 


3,835 


3,978 


1,126 


• 


19 


* 


♦ 


1,121 


* 


8,094 


9,220 


1,502 


* 


* 


16,497 


17,999 


Mar.— 1952 


June 


235 


* 


* 


4,635 


4,870 


134 


* 


* 


3,885 


4,019 


1,082 


* 


- 


• 


* 


1,061 


• 


8,008 


9,090 


1,451 


• 


« 


16,528 


17,979 


June 


Sept. 


254 


* 


* 


4,761 


5,015 


119 






3,995 


4,114 


1,017 




- 


* 




1,011 




7,931 


8,948 


1,390 


* 


* 


16,687 


18,077 


Sept. 


Dec. 


196 


2,004 


2,973 


4,977 


5,173 


112 


309 


3,708 


4,017 


4,129 


965 


2,831 


- 


2,831 


4,016 


1,250 


5,266 


8,097 


9,062 


1,273 


5,144 


11,947 


17,091 


18,365 


Dec. 


1953— Mar. 


241 


* 


. 


4,800 


5,041 


113 . 


* 


* 


4,129 


4,242 


966 


* 


_ 


* 


* 


1,206 


* 


8,056 


9,022 


1,320 


. 


* 


16,985 


18,305 


Mar.— 1953 


June 


265 


* 


* 


4,949 


5,214 


113 


* 


* 


4,178 


4,291 


854 


* 


- 


* 


* 


1,143 


* 


7,937 


8,791 


1,232 


* 


• 


17,064 


18,296 


June 


Sept. 


222 


♦ 


* 


5,014 


5,236 


104 


* 


♦ 


4,267 


4,371 


842 


* 






* 


1,091 




7,928 


8,770 


1,168 




* 


17,209 


18,377 


Sept. 



(U See footnotes to Table III-A. pages 183-184. 

(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 



Cents per Unit 



IV— FOREIGN EXCHANGE RATES* 

Bank of Canada 



BuBtnesa 
Dayi 


U.S. Dollar in Canada 


£ Sterling in Canada 


High 


Low 


NoonAverage 

of business 

days 


High 


Low 


NoonAverage 

of business 

days 


1946 


110.25 


100.25 


105.75 


444.00 


403.00 


425.54 


1947 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1948 


100.25 


100.25 


100.25 


403.00 


403.00 


403.00 


1949 


110.25 


100.25 


103.08 


403.00 


308.00 


376.13 


1950 


110.25 


103.25 


108.92 


308.00 


289.25 


304.44 


1961 


107.31 


101.19 


105.28 


300.50 


281.38 


294.68 


1952 


101.13 


95.88 


97.89 


281.25 


266.76 


273.40 


1952-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 


1953-Jan. 


97.38 


96.75 


97.05 


273.56 


272.38 


273.05 


Feb. 


98.44 


97.00 


97.73 


277.50 


273.44 


275.55 


Mar. 


98.63 


97.75 


98.33 


277.63 


275.31 


276.92 


Apr. 


98.63 


98.00 


98.37 


277.94 


275.69 


277.13 


May 


99.78 


98.66 


99.41 


280.94 


278.06 


279.80 


June 


99.63 


99.16 


99.44 


280.38 


278.88 


279.82 


July 


99.44 


98.94 


99.18 


279.88 


278.56 


279.29 


Aug. 


99.00 


98.69 


98.83 


278.81 


277.50 


278.25 


Sept. 


98.88 


97.78 


98.43 


277.69 


274.00 


275.94 


Oct. 


98.66 


97.75 


98.25 


276.75 


273.88 


275.76 


Nov. 


98.03 


97.38 


97.77 


275.56 


273.88 


274.89 



Table VI page 187-188 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 



V— OFFICIAL HOLDINGS OF 
GOLD AND U.S. DOLLARS'" 

i mm. U.S. Dept. of Finance 



case of Government of Canada market issues held by this sector, holdings 
are estimated on a residual basis (see Table VI page 187-188) and include 
all residual errors. 



t Revised. * Not available. 

Note: Further information with respect to methods and sources is available 

""-"* from the Research Department, Bank of Canada, on request. 



(1) Prior to October 2. 1950. there were olficial buying and selling rates for the U.S. Dollar and 
Sterlmg in Canada. The rates used in the table before this date are the mid-rates between official 
buying and selling rates, or the averages thereof. Accordingly the "High" differs from the "Low" only 
in the years when the official rateswcre changed. Effective October 2. 1950, official rates were discon- 
tinued and rates thereafter are noon rates as reported on transactions between banks in the exchange 
market. Commencing with 1950, averages are based on five-day week quotations. 



End 




US 




of 
period 


Gold 


Dollars 


Total 


1946 


536.0 


708.9 


1,244.9 


1947 


286.6 


215.1 


501.7 


1948 


403.1 


596.5 


997.8 


1949 


486.4 


630.7 


I.IIT.IW 


1950 


580.0 


1,161.5 


1,741.5 


1951 


841.7 


936.9 


1,778.6 


1952 


885.0 


975.2 


1,860.2 


1952-Nov. 


875.5 


966.5 


1,842.0 


Dec. 


885.0 


975.2 


1,860.2 


1953-Jan. 


888.5 


978.3 


1,866.8 


Feb. 


892.9 


944.2 


1,837.1 


Mar. 


905.8 


939.5 


1,845.3 


Apr. 


913.7 


930.0 


1,843.7 


May 


923.0 


838.2 


1,761.2 


June 


934.7 


815.4 


1,750.1 


July 


942.2 


813.5 


1,755.7 


Aug. 


951.0 


813.4 


1,764.4 


Sept. 


959.8 


827.5 


1,787.3 


Oct. 


968.3 


816.2 


1,784.5 


Nov. 


976.4 


830.3 


1,806.7 



(1) Gold and U.S. dollars lield by the Exchange Fund 
Account and Bank of Canada and U.S. dollars held by 
other Govt, of Canada Accounts. 

(2) Exclusive of $18.2 mm, set aside out of the proceeds of 
a refunding issue for the purpose of retiring on Feb. 1, 
1950, a security issue guaranteed by the Govt, of 
Canada and payable in U.S. dollars. 



UNITED STATES DOLLAR IN CANADIAN FUNDS 



CANADIAN DOLLARS 



CANADIAN DOLLARS 




187 



Millions of Dollars 



NOVEMBER 1953 

VI— ESTIMATED DISTRIBUTION OF GOVERNMENT OF 

December 31, 193 
Bank of 



Outstanding Debt'" 

1. Direct Funded Debt. 

(a) Unmatured : 

Special banking issues'" 

Other issues 

(b) Matured and outstanding 

2. Guaranteed Funded Debt. 

(a) Unmatured 

Total Outstanding Debt 

Exciiange rate adjustment'" 

Total (after exchange rate adjustment) 

Estimated Distribution"* 

1. Bank of Canada 

2. Chartered Banks'" 

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 

Trust and loan companies 

Other financial institutions. . . 

(iii) Non-financial corporations 

(iv) Governments; 

Provincial 

Municipal 

(v) Total resident corporate"' 

(c) Resident non-corporate sector:""" 

(i) Refundable tax 

(ii) Other non-market issues"' 

(iii) Market issues""" 

(iv) Total resident non-corporate"'. . . . 

Total General Public"' 

Total Debt Outstanding 

(!) For recent monthly figures see Table III-A. pages 183-184. 
See also footnotes (8), (10) and (11) of that table. 

(2) See footnote (9) Table III-A, page 184. 

(3) See footnote (ll) Table III-A. page 184. 

(4) Recent montnly figures for main categories are given in Table III-A, 
pages 183-184. 



ESTIMATED DISTRIBUTION 
OF TOTAL OUTSTANDING DEBT* 



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 



1,276 



502 
64 
18 
33 
50 

360 

72 

62 

1,161 



26 
1,207 
1,233 
3,670 
5,239 



1941 



1,075 

3,924 

14 

971 

5,984 

82 

6,066 



605 

1,166 

133 

1,109 



618 
78 
21 
43 
63 

455 

88 

67 

1,433 



109 
1,511 
1,620 
4,162 
6,066 



1942 



1,708 

5,771 

4 

772 

8,255 

93 

8,348 



1,012 

1,782"' 

210 

995 



818 
97 
24 
54 
80 

602 

123 

72 

1,870 



169 
2,310 
2,479 
5,344"' 
8,348 



1943 



2,243 

8,382 

27 

715 

11,367 

80 

11,447 



1,256 

2,508"' 

499 

1,003 

20 

1,075 
115 

34 

84 
116 
932 

172 

96 

2,644 

50 
209 
3,278 
3.537 
7,184"' 
11,447 



NOVEMBER 1953 

CANADA DIRECT AND GUARANTEED FUNDED DEBT 

3 TO 1952 Inclusive 
Canada 



1944 



2,491 

11,277 

22 

608 

14,398 

73 

14,471 



1,477 

3,121"' 

742 

1,035 

60 

1,363 
134 

55 

117 

149 

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 

161 

194 
1,195 

312 

124 

4,047 

260 

248 

5,611 

6,119 

11,310"' 

17,479 



1946t 



1,546 

15,223 

32 

517 
17,318 

-4 
17,314 



1,904 
3,317 



1,091 
252 

1,766 
162 
77 
189 
190 

1,036 

316 

129 

4,117 

262 

723 

5,017 

6,002 

11,210 

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 
196 
187 
727 

334 

120 

3,834 

284 

898 

4,694 

5,876 

10,763 

16,707 



1948t 



1,300 

14,627 

35 

520 
16,482 

-4 
16,478 



2,013 
2,959 
1,257 

1,158 

234 

1,585 
188 
95 
183 
121 
670 

363 

102 

3,541 

223 

953 

4,374 

5,550 

10,249 

16,478 



1949t 



1,200 

13,982 

53 

548 

15,783 

36 

15,819 



2,009 

3,112 

796 

1,240 

170 

1,414 
202 
97 
183 
128 
715 

398 

96 

3,403 



1,058 
4,201 
5,259 
9,902 
15,819 



1950t 



1,500 

13,804 

51 

577 

15,932 

2 

15,934 



1,942 

3,079 

847 

1,366 

114 

1,229 
216 
93 
185 
139 
930 

427 

81 

3 414 



1,104 

4,182 

5,286 

10,066 

15,934 



188 



Millions of Dollars 



1951* 



1,400 

13,419 

21 

529 

15,369 

-27 

13,342 



2,191 
2,754 
1,009 

1,168 

24 

1,079 
241 
90 
175 
152 
895 

426 

75 

3,157 



1,169 
3,894 
5,063 
9,388 
15,342 



1952* 



1,400 

13,270 

19 

528 

15,217 

-43 

15,174 



2,227 
2,784 
1,101 

965 



1,009 
253 
96 
165 
110* 
750* 

430* 

68* 

2,881* 



1,250 
3,966* 
5,216* 
9,062 
15,174 



(5) 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 chartered banks' holdings of Government securities and deducted from 
holdings of the general public. 



GENERAL PUBLIC: 
TOTAL HOLDINGS* 



BILLIONS or DOLLARS 



3 BANK OF CANADA ^ ^ r^ 

|CHARTERED BANKS ^ ^ S ^ 

3 GOV'T. ACCOUNTS ^ ^ S ^ 

(general public ^ ^ ^ ^ fe 



BILLIONS or DOLLARS 

IS 



BILLIONS OF DOLLARS 



BILLIONS OF DOLLARS 




1938 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 
* Preliminary figures for 1951 and 1952. 




1938 39 40 41 42 43 44 45 46 47 48 49 50 51 62 53 



(6) Includes any special banking issues held by this sector of the general 
public. 

(7) See footnote (3) to Table III-B, pages 185-186. 

(8) War Savings certificates and Canada Savings bonds. 

(9) Includes all residual errors. 



GENERAL PUBLIC: 
RESIDENT CORPORATE HOLDINGS* 

BILLIONS OF DOLLARS BILLIONS OF DOLLARS 



t Revised. 

* Preliminary. 
** Approximation only. 

Note: Further information with respect to methods and sources is available 
^^^ from the Research Department. Bank of Canada, on request. 



GENERAL PUBLIC: 
RESIDENT NON-CORPORATE HOLDINGS* 

BILLIONS OF DOLLARS BILLIONS OF DOLLARS 





193839 40 41 42 43 44 45 46 47 46 49 50 51 S2 53 

♦Preliminary figures for 1951 and 1952, 



1938 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 



189 



NOVEMBER 1953 



VII— 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 


1952 


3.59 


3.58 


3.22 


2.69 


Monthly 










1952— 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 


1953— Jan. 


3.63 


3.66 


3.50 


3.07 


Feb. 


3.65 


3.62 


3.44 


3.08 


Mar. 


3.65 


3.56 


3.43 


3.11 


Apr. 


3.66 


3.56 


3.43 


3.14 


May 


3.69 


3.62 


3.48 


3.21 


June 


3.72 


3.72 


3.54 


3.28 


July 


3.72 


3.71 


3.57 


3.28 


Aug. 


3.73 


3.72 


3.64 


3.36 


Sept. 


3.75 


3.77 


3.65 


3.41 


Oct. 


3.72 


3.75 


3.66 


3.48 


Nov. 


3.67 


3.74 


3.71 


3.44 



Long Term 


Market Yields 


Average of Business Days 


Canada*') 


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 


3.54 


4.23 


2.64 


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 


3.59 


4.16 


2.74 


3.60 


4.09 


2.77 


3.60 


3.97 


2.85 


3.62 


3.87 


2.90 


3.64 


3.83 


3.05 


3.70 


3.85 


3.11 


3.72 


3.89 


2.98 


3.73 


3.83 


2.96 


3.73 


3.74 


2.93 


3.70 


3.68 


2.75 


3.65 


3.68 


2.77 



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 


1.076 


2.167 


1.795 


1.102 


2.462 


1.903 


1.139 


2.486 


1.774 


1.187 


2.417 


1.836 


1.206 


2.383 


1.843 


1.349 


2.415 


2.138 


1.349 


2.398 


2.124 


1.473 


2.432 


1.993 


1.503 


2.232 


2.098 


1.528 


2.415 


2.219 


1.530 


2.383 


2.271 


1.699 


2.368 


2.229 


1.759 


2.365 


2.106 


1.795 


2.368 


2.116 


1.911 


2.150 


1.957 


1.929 


2.098 


1.438 


1.904 


2.097 


1.482 



(1) Payable in Canada only. (2) Government of Canada 3% due 1 Sept.. 1961H56. (3) United Kingdom 3% due 15 Apr., 1959-69. 
(4) U.S. Treasury 2}^% due 15 Dec, 1963-68. It was not eligible for commercial banks before Dec. 1, 1952. 



VIII— PRICE INDEXES 

"Prices and Price Indexes", Dominion Bureau of Statistics 

WHOLESALE PRICES CONSUMER PRICES'*' 

Index 1935-39 = 100 Index 1949 = 100 





Total 
Index 

(Mid- 
Month) 


Raw and 
Partly 
Manu- 
factured 


Fully & 
Chiefly 
Manu- 
factured 


FARM products"* 


Total 
Index 

(1st of 
Month) 


Food 


Shelter 


Clothing 


Household 
Operation 


Other 
Com- 
modities 
& Services 




Fieldt 


Animal 


Totalt 




100 


32 


15 


11 


17 


25 


Average of Months 

1926 


130.3 


129.1 


133.0 


158.5 


130.2 


144.4 


75.9 


* 


* 


* 




* 


1929 


124.6 


126.1 


123.7 


137.2 


144.4 


140.8 


75.8 


* 


* 


* 




* 


1933 


87.4 


79.3 


93.3 


69.3 


69.2 


69.3 


58.8 


* 


* 


* 




* 


1937 


107.7 


113.7 


104.4 


128.9 


106.0 


117.4 


63.0 


♦ 


* 


* 




* 


1946 


138.9 


140.1 


138.0 


177.9 


181.2 


179.5 


77.5 


* 


* 


* 




* 


1950 


211.2 


212.8 


211.0 


191.9 


281.4 


236.7 


102.9 


102.6 


106.2 


99.7 


102.4 


103.1 


1951 


240.2 


237.9 


242.4 


200.4 


336.9 


268.6 


113.7 


117.0 


114.4 


109.8 


113.1 


111.5 


1952 


226.0 


218.7 


230.7 


219.9 


277.5 


248.7 


116.5 


116.8 


120.2 


111.8 


116.2 


116.0 


Monthly 

1952— Sept. 


221.9 


212.4 


227.6 


202.0 


269.1 


235.6 


116.1 


115.8 


121.2 


110.9 


116.0 


115.8 


Oct. 


220.2 


209.7 


227.4 


199.9 


263.0 


231.4 


116.0 


115.1 


121.5 


109.9 


116.2 


116.4 


Nov. 


221.5 


210.5 


228.2 


199.3 


266.5 


232.9 


116.1 


115.7 


121.4 


109.8 


115.9 


116.6 


Dec. 


221.1 


210.0 


227.8 


196.6 


268.3 


232.4 


115.8 


114.1 


122.2 


109.7 


116.1 


116.6 


1953— Jan. 


221.5 


209.4 


229.0 


193.6 


266.4 


230.0 


115.7 


113.5 


122.3 


109.7 


116.5 


116.7 


Feb. 


220.9 


207.9 


228.8 


189.3 


263.1 


226.2 


115.5 


112.7 


122.5 


109.6 


116.6 


116.7 


Mar. 


221.9 


209.8 


229.2 


184.4 


264.3 


224.4 


114.8 


111.6 


122.5 


109.7 


116.7 


115.2 


Apr. 


219.6 


205.7 


227.9 


180.2 


256.0 


218.1 


114.6 


110.9 


122.7 


109.7 


116.9 


115.0 


May 


220.1 


206.3 


228.3 


177.8 


263.2 


220.5 


114.4 


110.1 


122.9 


110.1 


116.6 


115.1 


June 


221.7 


207.2 


230.4 


177.1 


268.8 


222.9 


114.9 


111.4 


123.6 


110.1 


116.6 


115.1 


July 


221.2 


207.2 


229.6 


180.3t 


265.3 


222.8t 


115.4 


112.7 


123.9 


110.3 


117.0 


115.2 


Aug. 


222.4 


210.0 


230.1 


157.2 


269.9 


213.6 


115.7 


112.8 


124.1 


110.4 


117.2 


115.8 


Sept. 


221.5 


207.0 


230.2 


154.0 


263.7 


208.9 


116.2 


114.0 


124.2 


110.4 


117.4 


115.9 


Oct. 


220.7 


204.9 


230.0 


151.7 


265.3 


208.5 


116.7 


115.5 


124.5 


110.3 


117.5 


116.0 


Nov. 














116.2 


113.4 


125.0 


110.3 


117.4 


116.3 



(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 1953 and initial payments 
only where applicable, thereafter. 

(2) 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. The Consumer Price Index prior to 1949 is the 
Cost-of-Living Index inclusive of all tobacco taxes linked to the Consumer 
Price Index 1949 = 100. 
Not available. 



NOVEMBER 1953 



Millions of Dollars 



IX— FINANCIAL STATISTICS FOR 697 COMPANIES*^ 



190 



Bank of Canada 



Fiscal Year Nearest to Calendar Year 



1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation'". 

Less: Depreciation <2' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision'". 
Less: Income tax provision'^* 



Net income to stockholders'" . 

Less: Cash dividends 



Undistributed income'". 



715.1 

140.5 

45.2 

31.6 

588.2 
261.7 

326.5 

243.8 

82.7 



886.0 

157.2 

46.8 

29.0 


1,030.3 

184.9 

49.7 

33.3 


746.6 
309.7 


861.8 
295.4 


436.9 

276.8 


566.4 

303.1 


160.1 


263.3 



,048.3 

229.3 

53.3 

37.4 

834.9 
298.4 

536.5 

335.7 

200.8 



,287.8 

256.9 

56.5 

41.9 

,045.5 
405.4 

640.1 

387.8 

252.3 



1,524.4 

289.1 

58.9 

44.8 

1,249.4 
591.2 

658 2 

376.8 

281.4 



1,500.4 

333.7 

55.0 

51.2 



,170.5 
557.5 


613.0 

363.1 



249.9 



SOURCE AND USE OF FUNDS'*' 



Net Source of Funds 

Undistributed income 

Non-recurring income and expense"'. 

Non-cash charges'^' '°' 

Depreciation 



Total Funds From Current Operations. 

Funded debt 

Preferred stock 

Common stock 

Refundable excess profits tax 



Total Net Source of Funds. 



82.7 

15.8 

10.8 

134.2 

243.5 

-3.4 

-14.3 

51.9 

-2.5 

275.2 



160.1 
21.3 
21.6 

150.8 

353.8 

141.2 

54.0 

40.9 

-.1 

589.8 



263.3 
22.2 
10.3 

177.3 

473.1 

150.7 

24.9 

26.9 

13.8 

689.4 



200.8 
3.6 
8.3 

222.2 

434.9 

77.2 

1.0 

50.4 

26.3 

589.8 



252.3 

1.7 

15.8 

248.6 

518.4 

99.2 

7.3 

67.1 

23.5 

715.5 



281.4 

.9 

3.6 

280.9 

566.8 
158.9 
-5.4 
117.5 
20.2 

858.0 



249.9 
8.6 
7.8 

325.1 

591.4 

132.0 

-4.8 

88.5 

2.4 

809.5 



Net Use of Funds 

Inventories 

Plant, property and equipment 

Investment in other companies _ 

Increase in miscellaneous assets less miscellaneous liabilities. 

Sub-Total _. 

Increase in working capital ex. inventories 



Total Net Use of Funds. 



147.8 

257.6 

32.9 

-4.7 

433.6 
-158.4 

275.2 



299.2 

388.2 

15.4 

5.8 

708.6 
-118.8 

589.8 



154.0 

469.1 

-2.6 

3.0 

623.5 

65.9 

689.4 



.4 

466.4 

-12.0 

11.3 

466.1 
123.7 

589.8 



159.9 
455.4 
-6.1 
-7.0 

602.2 
113.3 

715.5 



408.4 

615.5 

37.0 



1,060.0 
-202.0 

858.0 



78.4 

713.1 

61.8 

29.2 

882.5 
-73.0 

809.5 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 



Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable . 

Total Current Liabilities. . 



Net Working Capital ex. Inventories. 

Inventories'" 

Plant, property and equipment (net)'" 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 



Total. 



358.4 
442.1 
401.9 

1,202.4 

83.9 
370.4 
177.2 

39.6 

671.1 

531.3 

903.3 

,101.2 

272.4 

77.9 

96.6 

86.2 

4,068.9 



368.4 
412.1 
501.2 

1,281.7 

142.1 

455.1 

218.0 

54.0 

869.2 

412.5 

1,189.6 

2,338.0 

287.9 

76.6 

93.0 

107.8 

4,505.4 



408.7 
391.2 
589.8 

1,389.7 

121.5 

506.4 

218.2 

65.2 

911.3 

478.4 

1,344.6 

2,634.1 

295.7 

74.1 

74.1 

113.3 



5,014.3 



435.6 
456.5 
607.0 

1,499.1 

150.4 

475.7 

207.5 

63.4 

897.0 

602.1 

1,345.5 

2,882.7 

307.0 

72.2 

46.9 

116.6 

5,373.0 



442.2 
633.9 

778.7 

1,854.8 

176.3 

601.7 

291.0 

70.4 

1,139.4 

715.4 

1,500.8 

3,129.0 

321.4 

67.6 

23.2 

118.8 

5,876.2 



440.5 
631.4 
861.9 

1,933.8 

280.4 

692.1 

377.9 

70.0 

1,420.4 

513.4 

1,915.1 

3,469.1 

352.2 

63.4 

3.0 

143.9 

6,460.1 



454.3 
509.4 
943.3 

1,907.0 

254.9 

781.6 

366.1 

64.0 

1,466.6 

440.4 

1,996.5 

3,865.7 

416.6 

58.9 

.6 

147.3 

6,926.0 



Shareholders' Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves'"' 



Shareholders' Equity 

Funded debt'i" 

Loans from parent companies and other sources (net). 
Miscellaneous liabilities'"' 



369.6 
1,480.9 
1,423.5 

3,274.0 

717.1 

24.7 

53.1 



Total 4,068.9 



413.9 
1,532.3 
1,602.7 

3,548.9 

863.3 

31.1 

62.1 

4,505.4 



440.1 
1,562.0 
1,940.4 

3,942.5 

1,016.9 

-8.4 

63.3 

5,014.3 



442.4 
1,612.6 
2,153.7 

4,208.7 

1,097.1 

2.6 

64.6 



465.5 
1,694.2 
2,386.0 

4,545.7 

1,197.1 

50.5 

82.9 



479.5 
1,808.7 
2,649.4 

4,937.6 

1,359.4 

79.7 

83.4 



480.5 
1,901.1 
2,895.3 

5,276.9 

1,495.2 

73.2 

80.7 



5,373.0 5,876.2 6,460.1 6,926.0 



(1) Inventory reserves deducted from 1946 to 1952 were:. 
Note: For other footnotes see page 196. 



2.2 



-1.1 



4.8 



-6.8 



-3.2 



► i-I-.' 



■'lm.WWKfffl^i^*i 



:iwrt^s^*Yj,-^^^mL:mic?-2 



191 



Millions of Dollars 



IX— FINANCIAL 
Group 1: Assets over $25 million: 70 Companies*^ 



NOVEMBER 1953 
STATISTICS FOR 697 

Bank of Canada 



NOVEMBER 1953 

CpMPANIES CLASSIFIED BY ASSET SIZE 

Millions of Dollars Group 2: Assets $5 mm. to $25 mm.: 158 Companies*! 



Fiscal Year Nearest to Calendar Year 



1946 I 1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: 


SUMMARY STATEMENT 












447.4 
96.2 
27.1 
25.7 


576.6 
107.9 
27.9 
23.4 


675.7 
126.0 
30.7 
27.0 

553.4 
187.3 


688.6 
157.1 
30.0 
30.5 

531.0 
190.4 


862.6 
175.6 
30.6 
33.9 


1,046.9 

200.5 

31.9 

35.5 


1,036.3 




239.5 




31.9 




40.6 








352.6 
152.6 


473.2 
194.3 


683.7 
266.5 


842.8 
398.6 


788.1 




370.2 








200.0 

153.1 


278.9 

178.3 


366.1 

206.9 


340.6 

218.7 


417.2 

246.5 


444.2 

257.0 


417.9 




249.8 








46.9 


100.6 


159.2 


121.9 


170.7 


187.2 


168.1 







SOURCE AND 


USE OF 


FUNDS' 


) 










Net Source of Funds 

Undistributed income 


46.9 

11.0 

7.9 

91.8 


100.6 

9.9 

13.8 

103.3 


159.2 

13.6 

7.9 

120.1 


121.9 

-1.2 

5.4 

152.1 


170.7 

7.8 

11.3 

169.3 


187.2 
1.9 
1.1 

194.4 


168.1 




5.7 




8.4 




233.3 






Total Funds From Current Operations 


157.6 

-12.8 

-7.0 

45.9 

-.7 


227.6 

111.9 

49.8 

40.3 

-.1 


300.8 

135.7 

22.7 

21.8 

7.0 


278.2 

62.2 

7.5 

48.8 

11.4 


359.1 
52.8 
22.9 
65.5 
10.4 


384.6 
132.3 
-2.7 
112.3 
9.1 


415.5 




98.1 




1.7 




78 9 


Refundable excess profits tax 


1.0 


Total Net Source of Funds 


183.0 


429.5 


488.0 


408.1 


510.7 


635.6 


595.2 


Net Use of Funds 


83.2 
179.0 

21.3 
-3.4 


181.1 

287.4 

12.0 

-4.2 


108.1 

355.8 

-17.4 

7.9 


5.4 

356.2 

-22.6 

5.5 


82.8 

332.0 

-21.0 

7.3 


259.1 

465.1 

28.8 

7.1 


97.9 




567.6 


Investment in other companies 


47 9 


Increase in miscellaneous assets less miscellaneous liabilities 


13.0 


Sub-Total 


280.1 
-97.1 


476.3 
-46.8 


454.4 
33.6 


344.5 
63.6 


401.1 
109.6 


760.1 
-124.5 


726 4 


Increase in working capital ex. inventories 


—131 2 






Total Net Use of Funds 


183.0 


429.5 


488.0 


408.1 


510.7 


635.6 


595 2 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 



Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable. 

Total Current Liabilities. . 



Net Working Capital ex. Inventories. 

Inventories'^^ 

Plant, property and equipment (net)'*' 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets "°> 



Total. 



Shareholders' Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves'*^' 



Shareholders' Equity 

Funded debt"=> 

Loans from parent companies and other sources (net). 
Miscellaneous liabilities'"' 



Total. 



210.3 
244.6 
205.9 



33.1 
199.9 
106.9 

26.9 



366.8 



294.0 

511.5 

1,533.4 

197.7 

40.3 

45.2 

51.0 



2,673.1 



246.4 
966.2 
838.0 

2,050.6 

575.7 

2.2 

44.6 

2,673.1 



235.5 
239.6 
267.3 



742.4 



48.7 
265.2 
138.4 

42.9 



495.2 

247.2 

685.9 

1,715.9 

210.0 

39.7 

43.4 

65.1 

3,007.2 



291.4 

1,011.5 

951.0 

2,253.9 

691.8 

9.4 

52.1 

3,007.2 



255.5 
230.7 
321.6 



807.8 

38.4 
296.1 
140.5 

52.0 

527.0 

280.8 

795.2 

1,953.3 

202.8 

38.3 

33.1 



3,373.4 



314.8 
1,034.8 
1,172.3 

2,521.9 

830.1 

-31.5 

52.9 

3,373.4 



253.2 
285.7 
334.5 

873.4 

64.6 
281.0 
134.9 

48,5 

529.0 

344.4 

802.3 

2,160.1 

203.4 

37.2 

21.3 

72.3 

3,641.0 



322.2 
1,084.0 
1,303.3 

2,709.5 

894.9 

-17.3 

53.9 

3,641.0 



276.5 
422.2 
434.0 

1,132.7 

69.7 
359.3 
194.4 

55.3 

678.7 



4,013.0 



332.9 

1,162.8 
1,484.4 



335.4 
1,270.9 
1,665.4 

3,271.7 

1,082.5 

24.1 

72.7 



4,013.0 4,451.0 



287.3 
427.0 
490.5 

1,204.8 

128.2 

430.8 

258.0 

58.3 

875.3 

329.5 

1,148.5 

2,628.2 

220.4 

31.0 

1.6 

91.8 

4,451.0 



(1) Inventory reserves deducted from 1946 to 1952 \ 
Note: For other footnotes see page 196. 



281.4 
310.9 
528.9 

1,121.2 

116.5 

506.4 

248.2 

51.8 

922.9 

198.3 

1,246.5 

2,964.6 

270.0 

30.5 

.6 

92.9 

4,803.4 



339.3 
1,356.3 
1,825.2 

3,520.8 

1,183.7 

28.8 

70.1 

4,803.4 



Fiscal Year Nearest to Calendar Year 



192 



Bank of Canada 



1947 



1948 



PROFIT STATISTICS: SUMMARY STATEMENT 



1950 I 1951 I 1952 



Net operating profit before depreciation'". 

Less: Depreciation'" 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision'". 
Less: Income tax provision'" 



Net income to stockholders'" . 

Less: Cash dividends 



Undistributed income'". 



169.3 

28.4 

14.4 

4.6 

150.7 



81.9 

59.0 



200.4 

31.5 

15.8 

4.4 

180.3 
74.9 



36.! 



229.6 

37.6 

16.0 

5.0 

203.0 
70.4 

132.6 

69.3 



235.3 

44.8 

20.0 

5.4 

205.1 
72.7 

132.4 

79.1 

53.3 



280.9 

51.5 

21.4 

6.3 

244.5 
94.0 

150.5 

99.3 

51.2 



326.5 

57.9 

22.8 

7.4 

284.0 
134.0 

150.0 

83.1 

66.9 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 



Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable . 

Total Current Liabilities . . 



Net Working Capital ex. Inventories. 

Inventories'" 

Plant, property and equipment (net)'" 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 



Total. 



Shareholders- Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves'"' 



Shareholders' Equity 

Funded debt"" •■ ■ • 

Loans from parent companies and other sources (net; 
Miscellaneous liabilities"" 



Total. 



87.8 
135.0 
123.9 

346.7 

27.9 

116.6 

43.5 

9.4 



197.4 



149.3 
249.6 
381.7 
52.4 
25.6 
33.9 
19.0 



911.5 



78.7 
313.5 
393.1 



785.3 

108.9 

12.3 

5.0 

911.5 



79.7 
124.8 
146.6 

351.1 

55.5 

126.6 

52.6 

7.9 

242.6 

108.5 
326.5 
414.8 
52.7 
25.8 
32.8 
23.4 



984.5 



79.1 
318.8 
435.8 



833.7 

133.5 

11.0 

6.3 

984.5 



92.4 
116.0 
164.5 

372.9 

50.6 
141.9 
51.5 



253.6 

119.3 
361.2 
455.7 
66.2 
25.2 
27.5 
24.2 

1,079.3 



83.5 
324.3 
507.0 

914.8 

146.8 

11.3 

6.4 

1,079.3 



112.6 
122.2 
166.1 

400.9 



57.0 

128.0 

49,6 

10.0 



244.6 



79.2 
324.5 
564.1 

967.8 

150.3 

10.0 

0.3 



102.7- 
158.8 
214.5 



476.0 



69.2 

162.0 

65.7 

11.3 



308.2 



167.8 
395.5 
521.9 
83.8 
24.4 
8.7 
25.5 



1,227.6 



86.2 
326.9 
593.9 

1,007.0 

195.8 

18.0 

6.8 

1,227.6 



97.9 
154.8 
234,6 



487.3 

97.8 

173.9 

83.5 

7.8 



303.0 



124,3 

495.8 

576.1 

88.9 

24.3 

1.0 

32.6 



SOURCE AND USE OF FUNDS'" 










Net Source of Funds 

Undistributed income 


22.9 
2.6 
1.4 

27.7 

54.6 
7.2 

-5.0 
3.0 

-1.6 


36.8 
8.5 
5.3 

30.8 


63.3 
5.4 
1.0 

36.9 


53.3 

3.9 

.9 

44.3 


51.2 

-3.6 

2.7 

50.9 


66,9 

1.1 

57.4 


• 61.2 

2.7 

-2.0 

64 4 






Depreciation 






Total Funds From Current Operations 


81.4 

24.0 

5.3 

.1 


106.6 
13.1 
3.6 
4.7 
4.0 


102.4 
9.4 

-4.6 

.2 

9.6 

117.0 


101.2 

38.5 

-13.3 

.6 

8.7 


125.4 

26.0 

1.2 

4.1 

7.6 


126 3 


Funded debt 


31 4 


Preferred stock 


1 5 




5 3 


Refundable excess profits tax 


1.0 


Total Net Source of Funds 


58.2 


110.8 


132.0 


135.7 


164.3 


162.5 


Net Use of Funds 


43.4 

51.8 

9.3 

-2.0 


81.3 

63.5 

.6 

6.2 


34.8 
77.6 
13.2 
-4.4 


-2.1 

73.9 

5.2 

3.0 


38.8 

86.8 

8.0 

-9.4 


101.9 

109.5 

4.4 

-8.0 


-1.6 




112.2 




13.7 


Increase in miscellaneous assets less miscellaneous liabilities 


7.6 


Sub-Total 


102.5 
-44.3 


151.6 
-40.8 


121.2 
10.8 


80.0 
37.0 

117.0 


124.2 
11.5 

135.7 


207.8 
-43.5 


131.9 




30.6 






Total Net Use of Funds 


58.2 


110.8 


132.0 


164.3 


162.5 



1,343.0 



89.4 
331.8 
659.4 



1,080.6 

222.3 

33.3 

0.8 



1,343.0 1,436.6 



1.5 



(1) Inventory reserves deducted from 1946 to 1952 were:. 
Note: For other footnotes see page 196. 



193 



Millions of Dollars 



IX— FINANCIAL 

Group 3: Assets $1 mm. to $5 mm.: 304 Companies** 



NOVEMBER 1953 
STATISTICS FOR 697 

Bank of Canada 



j NOVEMBER 1953 

cioMPANIES CLASSIFIED BY ASSET SIZE 

Millions of Dollars Group 4: Assets under $1 mm.: 165 Companies** 



Fiscal Year Nearest to Calendar Year 



1946 



1947 



1948 



1949 I 1950 I 1951 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 



Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable . 

Total Current Liabilities . . 



Net Working Capital ex. Inventories. 

Inventories^'' 

Plant, property and equipment (net)'*' 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 



Total. 



SHAREHOLDERS' EQUITY, FUNDED DEBT & OTHER LlABS. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves"" 



Shareholders' Equity 

Funded debt"" 

Loans from parent companies and other sources (net). 
Miiicellaneous liabilities"" 



Total. 



(I) Inventory reserves deducted from 1946 to 1952 were:. 
Note: For other footnotes see page 196. 



52.6 
54.6 
60.0 



167.2 



19.3 

45.8 

23.3 

3.0 



91.4 



75.8 
124.0 
165.0 

20.9 
7.5 

15.2 

14.1 

422.5 



39.2 
173.5 
168.5 

381.2 

30.3 

7.9 

3.1 

422.5 



46.3 
41.4 
73.7 

161.4 

31.6 

54.2 

23.3 

2.7 

111.8 

49.6 
153.0 
186.1 

23.1 
6.7 

14.5 

17.1 

450.1 



38.1 
174.1 
191.1 

403.3 

35.5 

8.0 

3.3 

450.1 



51.6 
38.8 



177.3 

27.7 

58.6 

22.7 

3.1 

112.1 

65.2 
163.4 
201.8 

24.5 
6.3 

11.6 

17.3 

490.1 



37.3 
174.7 
230.2 

442.2 

36.3 

8.1 

3.5 

490.1 



59.4 
42.7 



192-.0 

23.9 

57.3 

19.8 

3.7 

104.7 

87.3 

159.7 

212.3 

30.2 

6.1 

6.9 

16.4 

518.9 



36.7 
175.8 
252.9 

465.4 

42.7 

6.9 

3.9 

518.9 



54.1 
46.8 
110.0 

210.9 

29.6 

69.1 

27.5 

3.5 

129.7 

81.2 

193.1 

224.1 

36.6 

6.2 

3.2 

16.3 

560.7 



41.5 
178.7 
271.3 

491.5 

50.1 

15.5 

3.6 

560.7 



47.6 
44.6 
116.1 

208.3 

44.9 

75.9 

32.2 

3.6 

156.6 

51.7 

235.8 

237.9 

40.6 

6.3 

.3 

16.9 

589.5 



47.0 
180.6 
289.3 

516.9 

50.6 

18.4 

3.6 

589.5 



1952 



PROFIT STATISTICS: 


SUMMARY STATEMENT 












86.0 

14.1 

3.1 

1.1 


95.4 

15.9 

2.6 

1.1 


109.7 

19.2 

2.6 

1.2 


110.3 

24.5 

2.8 

1.3 


128.8 

27.0 

4.0 

1.6 


135.4 

28.0 

3.4 

1.8 


125.5 




26.5 




3.9 




1.9 








73.9 
34.5 


81.0 
35.0 


91.9 
32.6 


87.3 
30.9 


104.2 
39.9 


109.0 
52.0 


101.0 




50.3 








39.4 

28.1 


46.0 

25.3 


59.3 

23.9 


56.4 

33.7 


64.3 

37.6 


57.0 

32.7 


50.7 




30.8 








11.3 


20.7 


35.4 


22.7 


26.7 


24.3 


19.9 







SOURCE AND USE OF FUNDS'* 


) 










Net Source of Funds 


11.3 
1.6 
1.2 

13.1 


20.7 
2.9 
2.4 

14.8 


35.4 
2.8 
1.5 

18.1 


22.7 

.9 

1.8 

23.1 


26.7 

-2.0 

2.3 

25.6 


24.3 

-.7 

1.3 

26.4 


19.9 




.2 


Non-cash charges'^' '^' ... 


1 3 




24.9 






Total Funds From Current Operations 

Funded debt 


27.2 
2.5 

-2.1 
3.0 
-.2 


40.8 

5.0 

-1.3 

.3 


57.8 
.6 

-.9 

.1 

2.6 


48.5 
6.2 

-1.3 
1.1 
4.6 


52.6 
7.6 

-2.2 

.9 

3.8 


51.3 
.3 

-2.9 
1.2 
2.9 


46.3 
2 4 


Preferred stock. 


—3 7 




4 2 


Refundable excess profits tax . 


3 






Total Net Source of Funds 


30.4 


44.8 


60.2 


59.1 


62.7 


52.8 


49.5 




Net Use of Funds 


19.3 

24.2 

2.0 

.4 


30.6 

34.0 

2.1 

4.3 


10.8 

31.7 

1.4 

.7 


-3.2 

32.6 

5.7 

1.9 


34.2 

32.7 

6.3 

-4.4 


42.1 

36.6 

4.0 

-.4 


12 7 


Plant, property and equipment 


29.1 


Investment in other companies 


Increase in miscellaneous assets less miscellaneous liabilities 


9.4 


Sub-Total 


45.9 
-15.5 


71.0 
■ -26.2 


44.6 
15.6 


37.0 
22.1 


68.8 
-6.1 


82.3 
-29.5 


25.8 
23.7 


Increase in working capital ex. inventories 




Total Net Use of Funds 


30.4 


44.8 


60.2 


59.1 


62.7 


52.8 


49.5 





53.0 
47.2 
126.5 

226.7 

39.0 

76.8 

32.3 

3.2 

151.3 

75.4 
223.1 
242.7 

41.0 
6.3 

20.3 

608.8 



45.0 
183.9 
309.0 

537.9 

53.0 

13.7 

4.2 

608.8 



Fiscal Year Nearest to Calendar Year 



194 



Bank of Canada 



1947 



1948 



1950 



1951 



(I) Inventory reserves deducted from 1946 to 1952 were:. 
Note: For other footnotes see page 196. 



1952 



PROFIT STATISTICS: 


SUMMARY STATEMENT 










Net operating profit before depreciation") 


12.3 

1.7 

.4 

.1 


13.6 

1.9 

.5 

.1 


15.4 

2.2 

.4 

.1 


14.0 

2.8 

.5 

.1 


15.6 

2.9 

.5 

.1 


15.7 

2.8 

.7 

.1 


14.6 

2.7 

.5 

.1 


Less: Depreciation'" 


Non-operating income (net) 


Less: Bond interest 




Net income before income tax provision"' 


10.9 
5.8 


12.1 
5.4 


■ 13.5 
5.0 


11.6 
4.4 


13.1 
4.9 


13.5 
6.5 


12.3 
6.6 


Less: Income tax provision'" 




Net income to stockholders'" 


5.1 

3.5 


6.7 

4.7 


8.5 

3.0 


7.2 

4.3 


8.2 

4.5 


7.0 

4.0 


5.7 

5.0 


Less: Cash dividends 




Undistributed income'^' 


1.6 


2.0 


5.5 


2.9 


3.7 


3.0 


.7 





SOURCE AND USE OF FUNDS'* 


) 










Net Source of Funds 

Undistributed income 


1.6 
.6 
.3 

1.5 


2.0 

.2 
1.8 


5.5 

.4 

-.1 

2.1 


2.9 
.1 
.2 

2.7 


3.7 
-.5 
-.5 

2.8 


3.0 
-.3 

2.7 

5.4 

.3 

-1.0 

.6 


7 


Non-recurring income and expense<^> 

Non-cash charges '^^ t^* 


-.1 


Depreciation 


2 6 






Total Funds From Current Operations. 


4.0 
-.2 
-.1 

-.1 


4.0 
.2 
.3 
.1 


7.9 

1.2 

-.5 

.3 

.3 


5.9 

-.6 

-.5 

.2 

.6 

5.6 


5.5 

.4 

-.1 

.1 

.6 


3 3 


Funded debt . . . . 






1 2 




1 


Refundable excess profits tax 


1 






Total Net Source of Funds 


3.6 


4.6 


9.2 


6.5 


5.3 


2.3 






Net Use of Funds 


2.0 

2.6 

.3 

.1 


6.1 

3.2 

.7 

-.5 

9.5 
-4.9 


.4 

4.0 

.2 

-1.3 


.3 

3.8 
-.4 
1.0 


4.1 

4.0 

.6 

-.4 


5.3 

4.3 

_ 2 

^3 

9.7 

-4.4 


-5.1 




4.2 




,2 


Increase in miscellaneous assets less miscellaneous liabilities 


-.9 


Sub-Total 


5.0 
-1.4 


3.3 
5.9 


4.7 
.9 


8.3 
-1.8 


-1.6 




3.9 








3.6 


4.6 


9.2 


5.6 


6.5 


5.3 


2.3 







YEAR-END BALANCE 


SHEET 












Net Working Capital and Other Assets 

Cash 


7.8 
7.9 
12.0 


6.9 
6.3 
13.6 


9.2 
5.8 
16.7 


10.3 
6.0 
16.3 


8.9 

6.1 

20.3 


7.7 

5.0 

20.7 


9.7 




4.4 




20.9 








27.7 


26.8 


31.7 


32.6 


35.3 


33.4 


35.0 








3.6 

8.1 

3.5 

.3 


6.2 

9.1 

3.7 

.5 


4.7 

9.8 

3.6 

.4 


4.8 
9.4 
3.2 
1.1 


7.8 

11.4 

3.5 

.3 


9.6 

11.4 

4.2 

.3 


6.6 




12.3 




4.2 




.1 








15.5 


19.5 


18.5 


18.5 


23.0 


25.5 


23.2 








12.2 
18.2 
21.1 
1.5 
4.4 
2.4 
2.0 


7.3 
24.2 
21.1 
2.1 
4.4 
2.3 
2.1 


13.2 
24.8 
23.2 
2,2 
4.3 
1.9 
1.9 

71.5 


14.1 
25.1 
24.3 
1.7 
4.1 
1.3 
2.1 

72.7 


12.3 

29.7 

25.7 

2.4 

1.9 

.6 

2.2 


7.9 
35.0 
26.9 

2.2 

1.8 
.1 

2.6 


11.8 




29.9 




28.6 




2.4 




1.6 




- 


Miscellaneous assets ^^**' 


2.9 


Total 


61.8 


63.5 


74.8 


76.5 


77.2 


Shareholders' Equity. Funded Debt & Other Liabs. 


5.3 

27.6 
24.0 


5.3 
27.9 
24.9 


4.6 
28.2 
30.8 


4.4 
28.2 
33.4 


4.9 
25.8 
36.5 


7.7 
25.4 
35.4 


7.6 




25.5 


Earned surplus and surplus reservest*'> 


35.0 




56.9 
2.3 
2.2 

.4 


58.1 

2.4 

2.0 

.4 


63.6 
3.8 
3.7 

.4 

71.5 


66.0 
3.1 
3.1 

.5 


67.2 
3.5 
3.7 

.4 

74.8 


68.5 

3.8 

3.9 

.3 

76.5 


68.1 




3.8 




5.0 


Miscellaneous liabilities"^' 


.3 


Total 


61.8 


63.5 


72.7 


77.2 



195 



Millions of Dollars 



IX— FINANCIAL STATISTICS FOR 697 COMPANIES* ^ 
NET PROFIT BEFORE TAX: INDUSTRIAL CLASSIFICATION 



NOVEMBER 1953 



Bank of Canada 



Fiscal Year Nearest to 
Calendar Year 



No. of 
Go's. 



1946 



1947 



1948 



1949 



1950 



1951 



1952 



Grain Mill Products 

Food 

Beverages 

Leather 

Rubber 

Primary Textiles 

Miscellaneous Textiles 

Clothing 

Wood Products 

Pulp and Paper 

Paper Products 

Printing and Publishing 

Iron, Steel and Products 

Machinery (excluding Electrical) 

Electrical Machinery and Equipment. . . 

Gold Mining 

Other Non-ferrous Metals: Mining 

Other Non-ferrous Metals: Products 

Non-Metallic Minerals (excluding Fuels) 

Coal and Natural Gas 

Petroleum 

Chemicals 

Paints and Polishes 

Wholesale Trade and Services 

Retail Food Chains 

Department Stores 

Other Retail Trade and Services 

Electric and Other Utilities 

Telephones 

Transportation and Storage 

Grain Elevators 

Total of 697 Companies 



7 
SI 
16 
11 

9 
23 
16 
37 

17 
19 
29 
19 

57 
55 
24 

52 
11 
15 
25 
12 

8 
30 

9 

56 
6 

4 
27 

21 

7 

14 

10 



697 



5.8 
27.4 
35.9 

2.1 

9.6 

12.9 

8.2 

9.6 

4.9 
60.8 
10.4 

6.0 

30.4 
36.1 
11.3 

21.0 
100.2 

3.6 
15.2 

6.7 
41.8 
23.5 

3.3 

15.9 
5.4 
9.8 

16.0 

26.5 

22.1 

2.9 

2.9 

588.2 



6.9 
32.6 
38.9 

2.6 

16.3 

17.5 

9.5 

9.6 

10.7 

87.7 

13.6 

5.6 

43.3 

54.8 
22.5 

18.3 
148.9 

7.0 
16.5 

6.8 
44.6 
27.0 

4.1 

15.7 
7.5 
8.8 

14.9 

26.7 

20.4 

4.8 

2.5 

746.6 



7.6 
35.2 
36.8 

2.1 

9.8 
30.4 
10.1 

9.2 

9.4 

101.8 

13.6 

6.0 

58.4 
64.6 
25.5 

21.6 
189.4 

5.7 
21.8 

9.8 
48.3 
31.5 

4.1 

17.7 

9.6 

10.3 

15.9 

26.5 

20.1 

6.5 

2.5 

861.8 



5.3 
37.8 
35.4 

1.7 

4.8 

22.0 

8.3 

7.0 

6.7 
93.3 
13.6 

6.6 

65.3 
80.4 
31.6 

31.0 
153.6 

8.1 
23.9 

9.2 
47.5 
31.8 

3.0 

16.0 
11.3 
10.5 
15.2 

27.3 

15.8 

7.9 

3.0 

834.9 



3.9 
45.4 
34.4 

1.5 

15.9 

33.7 

9.6 

7.4 

10.6 

132.7 

17.1 

7.6 

79.9 
81.1 
43.0 

34.0 
188.8 
10.8 
32.2 
13.2 
72.0 
39.7 
2.7 

18.3 
14.6 
11.5 
17.1 

32.4 

22.7 

8.2 

3.5 

1,045.5 



5.3 
37.1 
39.3 

1.2 

23.1 

18.3 

8.2 

3.5 

12.0 

163.8 

22.4 

7.4 

100.1 
87.1 
44.7 

30.1 

262.7 

14.4 

37.1 

12.1 

107.0 

48.4 

3.8 

19.6 
19.0 

7.7 
17.9 

39.4 

39.8 

12.1 

4.8 

1,249.4 



4.6 
46.0 
39.5 

1.0 

18.5 

14.4 

6.7 

4.5 

8.9 

123.8 

19.0 

8.6 

97.2 
95.1 
48.9 

22.2 

209.1 

12.5 

34.0 

12.0 

111.4 

42.9 

2.8 

17.8 
21.9 
14.1 
19.1 

41.2 

54.5 

12.4 

5.9 

1,170.5 



Note: For footnotes see facing page. 



NOVEMBER 1953 



Millions of Dollars 



IX— FINANCIAL STATISTICS FOR 697 COMPANIES* ^ 

NET INCOME TO STOCKHOLDERS: INDUSTRIAL CLASSIFICATION 



196 



Bank of Canada 



Fiscal Year Nearest to 
Calendar Year 



No. of 
Go's. 


1946 


1947 


1948 


1949 


1950 


1951 


1952 


7 


3.2 


3.9 


4.7 


4.0 


2.8 


3.3 


2.9 


51 


13.7 


17.2 


22.1 


22.2 


25.2 


18.3 


22.1 


16 


17.6 


21.3 


22.2 


20.3 


19.6 


18.7 


18.0 


11 


1.1 


1.4 


1.3 


1.1 


.9 


.5 


.3 


9 


4.7 


9.8 


6.3 


2.9 


8.2 


11.0 


9.1 


23 


6.7 


9.9 


20.3 


13.7 


18.1 


9.4 


7.2 


16 


4.4 


5.2 


6.6 


5.4 


5.8 


4.6 


3.9 


37 


4.8 


5.1 


5.0 


4.1 


4.2 


1.6 


2.1 


17 


2.2 


4.8 


5.9 


4.3 


6.4 


5.5 


4.4 


19 


27.7 


42.0 


62.6 


54.4 


75.6 


70.0 


54.8 


29 


4.9 


7.2 


8.6 


8.3 


10.0 


10.7 


9.0 


19 


3.2 


3.3 


3.8 


3.9 


4.4 


3.7 


4.2 


57 


16.4 


23.2 


36.3 


39.8 


46.3 


47.1 


49.2 


55 


17.8 


30.2 


40.4 


47.4 


47.5 


43.3 


45.8 


24 


6.8 


12.2 


15.6 


20.7 


25.8 


21.9 


25.0 


52 


15.3 


14.7 


17.6 


25.2 


27.2 


23.4 


17.6 


11 


70.0 


103.9 


139.6 


110.7 


132.3 


165.6 


131.9 


15 


1.9 


3.8 


3.1 


5.1 


6.2 


6.6 


5.8 


25 


8.4 


9.1 


13.4 


14.5 


19.7 


19.2 


17.1 


12 


3.7 


3.9 


6.2 


5.6 


7.3 


6.2 


6.4 


8 


25.4 


29.5 


34.2 


36.6 


46.1 


62.7 


61.9 


30 


13.0 


15.5 


20.1 


19.2 


23.3 


23.7 


21.1 


9 


1.6 


2.1 


2.5 


2.0 


1.6 


1.9 


1.2 


56 


8.0 


8.4 


11.3 


10.0 


11.0 


9.9 


9.0 


6 


2.8 


4.4 


6.1 


6.9 


8.2 


8.9 


10.3 


4 


4.8 


5.0 


5.7 


6.1 


6.6 


3.8 


7.2 


27 


8.4 


8.6 


10.2 


9.4 


10.5 


8.9 


9.4 


21 


14.8 


15.4 


16.3 


16.3 


18.9 


19.2 


20.9 


7 


10.3 


11.7 


12.7 


9.5 


13.4 


19.4 


26.3 


14 


1.4 


2.8 


4.1 


5.0 


4.9 


6.7 


6.0 


10 


1.5 


1.4 


1.6 


1.9 


2.1 


2.5 


2.9 


697 


326.5 


436.9 


566.4 


536.5 


640.1 


658.2 


613.0 



Grain Mill Products 

Food 

Beverages 

Leather 

Rubber 

Primary Textiles 

Miscellaneous Textiles 

Clothing 

Wood Products 

Pulp and Paper 

Paper Products 

Printing and Publishing 

Iron, Steel and Products 

Machinery (excluding Electrical) 

Electric Machinery and Equipment .... 

Gold Mining 

Other Non-ferrous Metals: Mining 

Other Non-ferrous Metals: Products 

Non-Metallic Minerals (excluding Fuels) 

Coal and Natural Gas 

Petroleum 

Chemicals 

Paints and Polishes 

Wholesale Trade and Services 

Retail Food Chains 

Department Stores 

Other Retail Trade and Services 

Electric and Other Utilities 

Telephones 

Transportation and Storage 

Grain Elevators 

Total of 697 Companies 



THE FOOTNOTES BELOW REFER TO TABLES ON PAGES 190 TO 211 INCLUSIVE 



if The tabulation includes companies whose assets in 1952 were $200,000 
or over for whicli consistent reports were available since 1945. The material 
is, of course, subject to all the limitations and qualifications which 
apply to the basic accounting statements. 

t A separate compilation of Income and Balance Sheet figures for a smaller (5) 

number of companies covering the years 1936 to 1952 will be available 
on request. (6) 

(1) For purposes of comparability, any special capital charges made against 
income account in company reports have been added back as well as (7) 
"contingent" and "general" reserves. Special inventory reserves, whether (8) 
shown by the company in operating expenses or as an adjustment to (9) 
earned surplus, have been deducted in arriving at Net Operating Profit. 

(2) Includes deferred development and depletion provision where charged 

by the company. For the Total 697 Companies these amounted to 2.9, (10) 
3.1, 4.0, 3.6, 5.4, 4.9, 5.6 and 3.4, 3.2, 3.7, 3.4, 2.9, 3.3, 3.0 in the years 
1946-52 respectively. (U) 

(3) Includes excess profits tax less refundable portion. 

(4) The Source and Use of Funds Statement is designed to show net cash (12) 
received from all sources and paid out for all purposes; revaluations or (13) 



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 Sources and Use of Funds Statement. 

Includes profits less losses on marketable securities and adjustments 
relating to tax accruals and other items of Working Capital. 
Includes amortization of bond discount, inventory reserves, insurance 
reserves, etc. 

Special inventory reserves have been deducted. 
Reserves for depreciation and depletion have been deducted. 
Includes current accounts receivable from subsidiaries and fixed invest- 
ment in subsidiaries less current and non-current accounts payable to 
subsidiaries. 

Includes bond discount and otlier deferred charges, deferred develop- 
ment, etc. 

Includes contingent and general reserves, capital surplus and tlie 
refundable portion of the excess profits tax. 
Bonds and mortgages outstanding less sinking fund. 
Includes pension fund reserves, insurance reserves and deferred credits. 



197 



Millions of Dollars 



NOVEMBER 1953 
IX— FINANCIAL STATISTICS: 51 FOOD PRODUCTS COMPANIES** 

Bank of Canada 



Fiscal Year Nearest to Calendar Year 



I 1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation'^). 

Less: Depreciation <''> 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision'^). 
Less: Income tax provision''' 



Net income to stockholders'" . 

Less: Cash dividends 



Undistributed income"'. 



34.3 

7.3 

1.2 

.8 


40.5 

8.0 

1.0 

.9 


27.4 
13.7 


32.6 

15.4 


13.7 

7.8 


17.2 

8.1 


5.9 


9.1 



44.4 
9.6 
1.3 



35.2 
13.1 

22.1 

8.3 

13.8 



49.5 

12.1 

1.4 

1.0 


59.3 

13.7 

1.0 

1.2 


37.8 
15.6 


45.4 
20.2 


22.2 

10.3 


25.2 

15.9 


11.9 


9.3 



51.7 

14.8 

1.5 

1.3 

37.1 
18.8 

18.3 

9.9 

8.4 



62.1 

16.1 

1.4 

1.4 

46.0 
23.9 

22.1 

11.8 

10.3 



(1) Inventory reserves deducted from 1946 to 1952 were: 
Note: For other footnotes see page 196. 



1.6 



SOURCE AND USE OF 


FUNDS'*' 










Net Source of Funds 

Undistributed income 

Non-recurring income and expense'*' 

Non-cash charges'^' '*' 


5.9 
.3 
.3 

7.3 


9.1 
2.3 

1.6 
8.0 


13.8 
-.5 
-.2 
9.6 


11.9 
.2 
.4 

12.1 


9.3 
-.1 

1.2 
13.7 


8.4 

.1 

.1 

14.8 


10.3 

-1.1 

2 


Depreciation 


16.1 






Total Funds From Current Operations 

Funded debt 


13.8 

1.7 

.1 


21.0 
7.3 
-.2 
-.1 


22.7 

2.5 

5.3 

.8 

.5 


24.6 

-2.9 

.2 

2.0 


24.1 

4.3 

-4.7 

-.1 

1.7 


23.4 

-1.0 

2.3 

1.3 


25.5 
3 9 


Preferred stock 

Common stock 

Refundable excess profits tax 


-1.3 
.1 


ToTAiL Net Source of Funds 


15.6 


28.0 


31.8 


23.9 


25.3 


26.0 


28.2 


Net Use of Funds 

Inventories 


13.7 

11.8 

.7 

-.4 


27.7 

22.3 

.6 

-.2 


-.1 

21.0 

.6 

1.0 


2.9 

19.5 

.5 

-.9 


40.3 

18.8 

.2 

-4.1 


10.2 

27.0 

-.2 

-3.8 


—21 7 


Plant, property and equipment 


21 8 


Investment in other companies 

Increase in miscellaneous assets less miscellaneous liabilities 


2.4 
1.5 


Sub-Total 


25.8 
-10.2 


50.4 
-22.4 


22.5 
9.3 


22.0 
1.9 


55.2 
-29.9 


33.2 
-7.2 


4 


Increase in working capital ex. inventories 


24.2 


Total Net Use of Funds 


15.6 


28.0 


31.8 


23.9 


25.3 


26.0 


28.2 



YEAR-END BALANCE SHEET 












Net Working Capital and Other Assets 

Cash 


16.5 
25.1 
32.8 


12.7 
16.1 
38.7 


13.6 
13.0 
41.4 


20.9 
14.3 
44.5 


15.1 
10.2 
55.9 


15.4 
10.5 
57.9 


22.7 


Marketable securities 


12.7 


Current accounts receivable 


58.0 






Total Current Assets ex. Inventories 


74.4 


67.5 


68.0 


79.7 


81.2 


83.8 


93.4 


Bank loans 


17.4 

28.0 

14.3 

1.6 


28.0 

31.8 

15.3 

1.7 


18.0 

34.8 

13.4 

1.8 


24.6 

37.3 

13.5 

2.3 


39.7 

50.2 

17.0 

2.2 


58.8 

43.0 

15.0 

2.1 


36.8 


Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable 


45.2 

19.9 

2.4 


Total Current Liabilities 


61.3 


76.8 


68.0 


77.7 


109.1 


118.9 


104.3 






Net Working Capital ex. Inventories 

Inventories'" 


13.1 
72.2 
76.9 
8.6 
8.0 
6.5 
4.0 


-9.3 
98.2 
91.4 
9.0 
8.1 
6.3 
4.5 


98.3 
106.2 
9.8 
7.9 
5.1 
6.1 


2.0 

100.9 

113.3 

10.3 

7.2 

3.1 

5.7 


-27.9 

140.0 

118.0 

10.5 

7.4 

1.4 

5.5 


-35.1 

150.2 

130.3 

10.3 

7.3 

.1 

6.1 


-10.9 
128.4 


Plant, property and equipment (net) '8' 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 


135.8 
12.7 

7.2 

7.3 






Total 


189.3 


208.2 


233.4 


242.5 


254.9 


269.2 


280.5 


Shareholders- Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 


22.7 
62.2 
80.6 


22.4 
62.1 
91.5 


27.9 

64.5 

107.4 


25.0 

64.7 

117.5 


20.8 

64.6 

126.2 


24.0 

64.7 

134.4 


22.9 

64.7 

143.9 






Shareholders' Equity 

Funded debt"" 


165.5 

21.4 

.8 

1.6 


176.0 

28.7 

1.5 

2.0 


199.8 

31.2 

1.0 

1.4 


207.2 

31.6 

2.4 

1.3 


211.6 

35.9 

6.4 

1.0 


223.1 

34.8 

10.7 

.6 


231.5 
38.9 


Loans from parent companies and other sources (net) 


9.6 
.5 






Total 


189.3 


208.2 


233.4 


242.5 


254.9 


269.2 


280.5 







NOVEMBER 1953 



198 



IX— FINANCIAL STATISTICS: 16 BEVERAGE COMPANIES*^ 



Millions of Dollars 



Bank of Canada 



Fiscal Year Nearest to Calendar Year 



I 1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation'". 

Less: Depreciation'^' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision"'. 
Less: Income tax provision'" 



Net income to stockholders'". 

Less: Cash dividends 



Undistributed income'". 



38.5 

3.2 

1.0 

.4 


42.2 

4.0 

1.2 

.5 


41.7 

5.5 

1.4 

.8 


42.2 
7.0 
1.2 
1.0 


35.9 
18.3 


38.9 
17.6 


36.8 

14.6 


35.4 
15.1 


17.6 

8.5 


21.3 

11.2 


22.2 

19.1 


20.3 

13.8 


9.1 


10.1 


3.1 


6.5 



41.7 

7.9 

1.5 

.9 

34.4 
14.8 

19.6 

13.9 

5.7 



46.9 

8.0 

1.3 

.9 

39.3 
20.6 

18.7 

12.4 

6.3 



YEAR-END BALANCE SHEET 



SOURCE AND USE OF 


FUNDS'^' 










Net Source of Funds 

Undistributed income 


9.1 

-.1 

.1 

3.2 


10.1 

5.8 

.3 

3.9 


3.1 

1.5 

-.3 

5.4 


6.5 

1.5 

.3 

6.9 


5.7 

-1.2 

.1 

7.7 


6.3 
.2 
.2 

7.8 


6 8 


Non-recurring income and expense'" 


— .3 


Non-cash charges'^' '®' 


1 




7.6 






Total Funds From Current Operations 


12.3 

-.6 

.1 

5.6 

-.5 


20.1 
7.2 

-.1 
4.0 


9.7 
10.8 
-.2 

.5 


15.2 

-1.6 

.1 

1.6 


12.3 
-2.2 

2.2 


14.5 

12.2 

-.6 

2.1 

2.1 


14 2 


Funded debt 


4 


Preferred stock 


-.2 


Common stock 




Refundable excess profits tax 


5 






Total Net Source of Funds 


16.9 


31.2 


20.8 


15.3 


12.3 


30.3 


14.9 


Net Use of Funds 


4.4 
9.6 
1.7 
1.5 


13.6 

19.6 

-.1 

3.3 


7.2 

17.7 

3.7 

-6.7 


1.3 

11.1 

.2 

2.1 


4.2 

12.4 

-.7 

-4.0 


3.3 

12.5 
8.0 
-.8 


1 8 




11 3 


Investment in other companies 


7 1 


Increase in miscellaneous assets less miscellaneous liabilities 


1.9 


Sub-Total 


17.2 
-.3 


36.4 
-5.2 


21.9 
-1.1 


14.7 
.6 


11.9 
.4 


23.0 
7.3 


22 1 


Increase in working capital ex. inventories 


— 7 2 






Total Net Use of Funds 


16.9 


31.2 


20.8 


15.3 


12.3 


30.3 


14.9 



Net Working Capital and Other Assets 



Cash 

Marketable securities 

Current accounts receivable . 



Total Current Assets ex. Inventories. 



Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable. 

Total Current Liabilities . . 



Net Working Capital ex. Inventories. 

Inventories'" 

Plant, property and equipment (net)'" 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 



Total. 



13.7 

18.5 

8.8 

41.0 

2.3 

7.6 

11.8 

.2 

21.9 

19.1 
30.3 
40.5 
2.3 
6.6 
8.2 
2.4 

109.4 



14.8 
19.5 
11.5 

45.8 

9.6 

10.1 

11.7 

.5 

31.9 

13.9 
43.8 
55.9 
2.2 
6.6 
7.4 
3.0 

132.8 



9.0 
21.6 
10.6 

41.2 

6.9 

10.9 

10.3 

.3 

28.4 

12.8 
51.5 
68.3 
5.8 
6.5 
6.7 
2.2 

153.8 



10.6 
21.5 
13.1 

45.2 

8.9 

11.7 

10.9 

.3 

31.8 

13.4 
52.6 
72.7 
6.0 
6.2 
4.8 
3.8 

159.5 



8.2 
19.5 
16.0 

43.7 

9.5 

9.6 

10.5 

.3 

29.9 

13.8 
56.8 
77.3 
5.4 
6.1 
2.6 
2.7 

164.7 



13.4 
23.4 
16.4 

53.2 

7.5 

11.1 

13.3 

.2 

32.1 

21.1 
60.4 
85.4 
13.6 

6.0 
.5 

3.6 

190.6 



SHAREHOLDERS' EQUITY, FUNDED DEBT & OTHER LlABS. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves'"' 



Shareholders' Equity 

Funded debt"" 

Loans from parent companies and other sources (net) . 
Miscellaneous liabilities''" 



Total. 



6.6 
41.5 
54.2 

102.3 

11.8 

-5.2 

.5 

109.4 



6.5 
45.5 
70.0 

122.0 

19.0 

-8.7 

.5 

132.8 



6.3 
45.5 

72.7 

124.5 

30.0 

-1.2 

.5 

153.8 



6.0 
45.5 
80.8 

132.3 

28.8 

-2.1 

.5 

159.5 



7.8 
45.5 
83.6 

136.9 

26.6 
.8 
.4 

164.7 



7.2 
47.6 
94.1 

148.9 

39.4 

1.9 

.4 

190.6 



(1) Inventory reserves deducted from 1946 to 1952 were: 
Note: For other footnotes see page 196. 



.1 



.1 



-.5 



199 



NOVEMBER 1953 
IX— FINANCIAL STATISTICS: 23 PRIMARY TEXTILE COMPANIES*^ 



Millions of Dollars 



Bank of Canada 



Fiscal Year Nearest to Calendar Year 



I 1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation'^). 

Less: Depreciation f^' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision^'. 
Less: Income tax provision'^' 



Net income to stockholders '^^ . 
Less: Cash dividends 



Undistributed income'^'. 



16.1 


21.7 


35.9 


30.4 


42.4 


27.0 


3.7 


4.6 


5.9 


8.8 


9.2 


9.6 


1.1 


1.1 


1.1 


1.1 


1.2 


1.8 


.6 


.7 


.7 


.7 


.7 


.9 


12.9 


17.5 


30.4 


22.0 


33.7 


18.3 


6.2 


7.6 


10.1 


8.3 


15.6 


8.9 


6.7 


9.9 


20.3 


13.7 


18.1 


9.4 


5.4 


5.9 


6.4 


6.9 


8.4 


7.9 


1.3 


4.0 


13.9 


6.8 


9.7 


1.5 



SOURCE AND USE OF FUNDS <<' 



Net Source of Funds 

Undistributed income 

Non-recurring income and expense''^ 

Non-cash charges'^' '^' 

Depreciation 



Total Funds From Current Operations. 

Funded debt 

Preferred stock 

Common stock 

Refundable excess profits tax 



Total Net Source of Funds. 



1.3 


4.0 


13.9 


6.8 


9.7 


1.5 


.2 


.4 


-.4 


.3 


-.3 


_ 


.1 


1.6 


-4.0 


-.5 


.2 


-.8 


3.7 


4.6 


5.9 


8.8 


9.2 


9.6 


5.3 


10.6 


15.4 


15.4 


18.8 


10.3 


1.3 


3.7 


.9 


-1.1 


.1 


8.4 


-.3 


3.5 


- 


- 


.5 


-.1 


1.1 


1.6 


.1 


- 


-.4 


- 


- 


- 


1.1 


.6 


.7 


.6 


7.4 


19.4 


17.5 


14.9 


19.7 


19.2 


6.3 


5.3 


.2 


2.8 


12.1 


15.2 


8.1 


10.8 


13.3 


13.4 


9.8 


15.7 


2.7 


1.5 


3.2 


-.3 


-1.8 


.9 


1.0 


-.2 


.2 


.4 


.7 


.1 


18.1 


17.4 


16.9 


16.3 


20.8 


31.9 


-10.7 


2.0 


.6 


-1.4 


-1.1 


-12.7 


7.4 


19.4 


17.5 


14.9 


19.7 


19.2 



Net Use of Funds 

Inventories 

Plant, property and equipment 

Investment in other companies 

Increase in miscellaneous assets less miscellaneous liabilities. 

Sub-Total 

Increase in working capital ex. inventories 



Total Net Use of Funds. 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 



Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable . 

Total Current Liabilities . . 



Net Working Capital ex. Inventories. 

Inventories'" 

Plant, property and equipment (net)'*) 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 



Total. 



4.4 


6.7 


6.6 


5.0 


4.5 


3.5 


17.3 


19.1 


19.3 


21.1 


23.8 


18.9 


11.4 


10.8 


14.8 


17.3 


26.6 


21.6 


33.1 


36.6 


40.7 


43.4 


54.9 


44.0 


3.5 


3.0 


2.2 


8.6 


12.8 


17.1 


5.7 


6.9 


8.0 


8.5 


10.8 


14.1 


4.0 


5.2 


8.4 


5.6 


11.7 


5.9 


.8 


.4 


.4 


.4 


.4 


.4 


14.0 


15.5 


19.0 


23.1 


35.7 


37.5 


19.1 


21.1 


21.7 


20.3 


19.2 


6.5 


23.2 


26.9 


31.2 


34.5 


46.4 


62.4 


41.4 


47.5 


54.7 


60.1 


60.1 


65.6 


6.2 


7.7 


11.2 


10.8 


9.1 


10.0 


.4 


.4 


.3 


.3 


.2 


.2 


3.0 


3.0 


1.9 


1.3 


.6 


- 


1.8 


2.1 


2.2 


2.1 


1.9 


2.7 


95.1 


108.7 


123.2 


129.4 


137.5 


147.4 


13.7 


17.1 


17.1 


17.1 


17.7 


19.0 


34.9 


36.7 


36.8 


36.8 


36.4 


36.4 


29.8 


33.9 


47.2 


54.7 


63.0 


62.1 


78.4 


87.7 


101.1 


108.6 


117.1 


117.5 


16.1 


20.2 


21.1 


20.1 


20.2 


28.8 


_ 


.2 


.4 




-.6 


.2 


.6 


.6 


.6 


.7 


.8 


.9 


95.1 


108.7 


123.2 


129.4 


137.5 


147.4 



SHAREHOLDERS' EQUITY, FUNDED DEBT & OTHER LlABS. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves''^' 

Shareholders' Equity 

Funded debt"^' 

Loans from parent companies and other sources (net) 

Miscellaneous liabilities"'^ 



Total. 



(1) Inventory reserves deducted from 1946 to 1952 were:. 
Note: For other footnotes see page 196. 



NOVEMBER 1953 200 

IX— FINANCIAL STATISTICS: 19 PULP AND PAPER COMPANIES*^ 

Millions of Dollars Bank of Canada 



Fiscal Year Nearest to Calendar Year 



I 1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation'". 

Less: Depreciation'^' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision"^ 
Less: Income tax provision'^' 



Net income to stockholders"*. 

Less: Cash dividends 



Undistributed income'". 



90.0 

23.7 

1.5 

7.0 


115.8 

24.0 

1.0 

5.1 


131.6 

26.0 

1.3 

5.1 


125.4 

28.9 

1.8 

5.0 


60.8 
33.1 


87.7 
45.7 


101.8 
39.2 


93.3 
38.9 


27.7 

14.0 


42.0 

17.0 


62.6 

22.3 


54.4 

28.7 


13.7 


25.0 


40.3 


25.7 



165.1 

31.0 

3.5 

4.9 

132.7 
57.1 

75.6 

39.9 

35.7 



198.9 

33.5 

3.1 

4.7 

163.8 
93.8 

70.0 

35.7 

34.3 



160.5 

34.7 

3.0 

5.0 

123.8 
69.0 

54.8 

30.6 

24.2 



SOURCE AND USE OF FUNDS '<' 



Net Source of Funds 

Undistributed income 

Non-recurring income and expense'*'. 

Non-cash charges'^' '^' 

Depreciation 



Total Funds From Current Operations. 

Funded debt 

Preferred stock 

Common stock 

Refundable excess profits tax 



Total Net Source of Funds. 



13.7 

-.5 

2.8 

21.6 

37.6 

-18.6 

1.7 

.1 

-.1 

20.7 



25.0 
2.4 
4.3 

22.1 

53.8 
-.3 



53.5 



40.3 
6.0 
2.8 

23.9 

73.0 
1.8 
4.6 



80.5 



25.7 

-.3 

.4 

27.1 

52.9 

-8.5 

-1.3 

.1 



43.7 



35.7 

.8 

1.3 

29.2 

67.0 

-5.9 

-8.2 

.1 

.7 

53.7 



34.3 
-.6 
3.3 

31.4 

68.4 

11.0 

-11.6 

6.4 

.4 

74.6 



24.2 

.3 

1.8 

33.0 

59.3 

-4.2 

-1.5 

2.3 



55.9 



Net Use of Funds 

Inventories 

Plant, property and equipment 

Investment in other companies 

Increase in miscellaneous assets less miscellaneous liabilities. 

Sub-Total 

Increase in working capital ex. inventories 



Total Net Use of Funds. 



19.7 

25.4 

1.4 

7.3 

53.8 
-33.1 

20.7 



38.0 

33.8 

1.3 

.7 

73.8 
-20.3 

53.5 



25.5 

39.7 

3.2 

-.5 

67.9 
12.6 

80.5 



-22.1 

25.6 

.2 

1.1 

4.8 
38.9 

43.7 



-11.8 

29.2 

4.4 

.8 

22.6 
31.1 

53.7 



58.8 

56.5 

2.4 

3.7 

121.4 
-46.8 



18.9 

45.2 

6.6 

-3.0 

67.7 
-11.8 



74.6 ! 55.9 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 


20.6 
25.4 
37.3 


17.1 
18.8 
46.4 


29.2 
17.0 
50.8 


33.0 
41.9 
49.8 


34.5 
87.6 
59.7 


29.1 
66.6 
72.1 


35.6 


Marketable securities 


47.3 


Current accounts receivable 


64 4 






Total Current Assets ex. Inventories 


83.3 


82.3 


97.0 


124.7 


181.8 


167.8 


147 3 






Bank loans 


2.8 
25.8 
22.8 

3.7 


4.5 
34.2 
30.1 

5.6 


2.8 
35.8 

27.7 
10.2 


1.5 
27.7 
26.5 

9.6 


2.0 
40.2 
38.7 
10.4 


4.9 
51.8 
56.7 
10.7 


17 9 


Current accounts payable 


44 1 


Accrued taxes payable 


42 3 


Accrued interest and dividends payable 


11 1 






Total Current Liabilities 


55.1 


74.4 


76.5 


65.3 


91.3 


124.1 


115 4 






Net Working Capital ex. Inventories 


28.2 

99.4 

244.1 

6.0 

.5 

2.8 

4.8 


7.9 
135.1 
254.1 

7.2 
.5 

2.6 

6.5 


20.5 

160.0 

270.3 

10.5 

.5 

1.7 

6.7 


59.4 

139.4 

267.8 

10.7 

.5 

1.1 

6.6 


90.5 

128.2 

267.4 

15.3 

.5 

.4 

7.5 


43.7 
186.0 
291.1 

17.7 
.5 

10.3 


31 9 


Inventories'" . . . . .... 


204 1 


Plant, property and equipment (net)"' 


301 


Investment in other companies (net)'" 


24 3 


Goodwill, franchises, etc 


5 


Refundable portion of excess profits tax 




Miscellaneous assets ''"' 


7 7 






Total ... 


385.8 


431.9 


470.2 


485.5 


509.8 


549.3 


569.5 






Shareholders- Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding . . 


57.5 

90.4 

113.7 


56.0 

91.6 

139.7 


61.0 
92.3 

187.4 


59.7 

92.5 

213.2 


57.6 

92.6 

245.5 


47.1 

99.0 

278.4 


46.2 


Common stock outstanding 


101.2 


Earned surplus and surplus reserves'"' 


300.6 






Shareholders' Equity 


261.6 
125.5 
-1.5 

.2 


287.3 

125.6 

-.6 

1.6 


340.7 

127.7 

.1 

1.7 


365.4 
119.3 

-.7 
1.5 


395.7 

113.7 

-.9 

1.3 

509.8 


424.5 

125.1 

-l.fi 

1.3 


448.0 


Funded debt'^^) 


121.1 


Loans from parent companies and other sources (net) 


- 9 


Miscellaneous liabilities"^' 


1.3 






Total 


385.8 


413.9 


470.2 


485.5 


549.3 


569.5 







(1) Inventory reserves deducted from 1946 to 1952 were:. 
Note: For other footnotes see page 196. 



2.3 



1.5 



-.6 



1.0 



201 

IX— FINANCIAL STATISTICS: 57 IRON, STEEL AND PRODUCTS 

Millions of Dollars 



NOVEMBER 1953 
COMPANIES*! 

Bank of Canada 



Fiscal Year Nearest to Calendar Year 



I 1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation'''. 

Less: Depreciation'^' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision'^'. 
Less: Income tax provision'^' 



Net income to stockholders'*'. 

Less: Cash dividends 



Undistributed income'". 



33.9 

6.2 

2.8 

.1 


50.2 

8.6 

2.3 

.6 


68.3 

10.7 

1.7 

.9 


30.4 
14.0 


43.3 
20.1 


58.4 
22.1 


16.4 

14.2 


23.2 

13.7 


36.3 

14.2 


2.2 


9.5 


22.1 



77.4 

14.4 

3.3 

1.0 

65.3 
25.5 

39.8 

22.3 

17.5 



94.1 

16.7 

3.6 

1.1 


124.0 

25.1 

2.8 

1.6 


79.9 
33.6 


100.1 
53.0 


46.3 

32.4 


47.1 

22.1 


13.9 


25.0 



SOURCE AND USE OF FUNDS'^' 



Net Source of Funds 

Undistributed income 

Non-recurring income and expense'^'. 

Non-cash charges'^' '*' 

Depreciation 



Total Funds From Current Operations. 

Funded debt 

Preferred stock 

Common stock 

Refundable excess profits tax 



Total Net Source of Funds. 



2.2 

.4 

-.3 

6.2 

8.5 
1.2 

.1 

-.1 

9.7 



9.5 
.4 
.9 



19.4 

23.6 

-.1 

.2 



43.1 



22.1 
6.5 

-1.7 
10.7 

37.6 
3.9 

1.8 
1.8 

45.1 



17.5 
.2 
.2 

14.4 

32.3 

-.6 

-.4 

.1 

3.3 

34.7 



13.9 
.1 
.1 

16.7 

30.8 

9.2 

7.5 

.6 

1.0 

49.1 



25.0 

-.1 

.1 

25.1 

50.1 

21.1 

-1.5 

3.5 

.4 

73.6 



Net Use of Funds 

I nventories 

Plant, property and equipment 

Investment in other companies 

Increase in miscellaneous assets less miscellaneous liabilities. 

Sub-Total 

Increase in working capital ex. inventories 



Total Net Use of Funds. 



7.2 

15.4 

.1 

-2.2 

20.5 
-10.8 

9.7 



20.5 

23.1 

3.0 

-2.2 

44.4 
-1.3 

43.1 



13.6 

23.9 

-.4 

2.7 

39.8 
5.3 

45.1 



1.1 

18.9 

1.2 

1.1 

22.3 
12.4 

34.7 



7.7 

16.8 

5.4 

1.6 

31.5 
17.6 

49.1 



45.0 

50.7 

3.3 

-1.6 

97.4 
-23.8 

73.6 



(1) Inventory reserves deducted from 1946 to 1952 were: 
Note: For other footnotes see page 196. 



-.3 



-1.7 



YEAR-END BALANCE SHEET 












Net Working Capital and Other Assets 

Cash 


20.2 
26.4 
29.1 


17.2 
30.4 
43.5 


25.7 
22.8 
51.1 


30.2 
27.3 
49.3 


26.3 
55.2 
61.9 


20.6 
58.4 
73.4 


26 8 


Marketable securities 


39.2 


Current accounts receivable 


79 8 






Total Current Assets ex. Inventories 


75.7 


91.1 


99.6 


106.8 


143.4 


152.4 


145.8 


Bank loans 


1.7 
23.5 
11.1 

1.2 


4.6 
31.8 
16.0 

1.8 


1.6 
36.9 
16.4 

2.5 


1.4 
29.8 
18.3 

2.7 


1.7 
41.9 
24.2 

3.4 


11.1 

57.8 

31.8 

3.3 


17 6 


Current accounts payable 


54 7 


Accrued taxes payable 


28.3 


Accrued interest and dividends payable 


3.7 


Total Current Liabilities 


37.5 


54.2 


57.4 


52.2 


71.2 


104.0 


104.3 


Net Working Capital ex. Inventories 

Inventories'" 

Plant, property and equipment (net)'" 

Investment in other companies (net)'^' 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 


38.2 

65.1 

84.5 

12.7 

.8 

8.3 

2.3 


36.9 

85.0 

98.5 

15.7 

.3 

8.1 

3.0 


42.2 

100.3 

111.8 

15.3 

.3 

4.8 

3.3 


54.6 

101.3 

116.1 

16.8 

.3 

1.4 

3.6 


72.2 
108.9 
116.3 

22.3 
.3 


48.4 
153.8 
142.4 

25.6 
.3 

5.0 


41.5 
171.5 
167.6 

27.1 

5 6 






Total 


211.9 


247.5 


278.0 


294.1 


324.9 


375.5 


413.3 


Shareholders' Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 


15.3 
85.9 
98.7 


15.1 

86.1 

108.0 


15.1 

87.8 

137.8 


15.0 

87.8 

156.3 


23.8 

88.5 

169.1 


24.5 

92.2 

191.0 


24.0 
92.5 


Earned surplus and surplus reserves'"' 


222.1 






Shareholders' Equity 


199.9 

5.8 

5.3 

.9 


209.2 

29.9 

7.6 

.8 


240.7 

33.9 

2.4 

1.0 


259.1 

33.3 

.7 

1.0 


281.4 

42.6 

.3 

.6 


307.7 

64.1 

2.6 

1.1 


338.6 


Funded debt"^) 


67.5 


Loans from parent companies and other sources (net) 

Miscellaneous liabilities'*" 


6.1 
1.1 






Total 


211.9 


247.5 


278.0 


294.1 


324.9 


375.5 


413.3 







-.2 



NOVEMBER 1953 



202 



IX— FINANCIAL STATISTICS: 55 MACHINERY COMPANIES*^ (EXCL. electrical) 

Millions of Dollars Bank of Canada 



Fiscal Year Nearest to Calendar Year 



I 1946 



1947 



1948 



1949 



1950 



1951 



1952 



YEAR-END BALANCE SHEET 



PROFIT STATISTICS: 


SUMMARY STATEMENT 










Net operating profit before depreciation'" 


40.1 

6.5 

2.6 

.1 


57.7 

6.7 

3.9 

.1 


69.2 

8.1 

3.6 

.1 


88.4 

10.8 

3.1 

.3 


87.6 

11.6 

5.5 

.4 


93.7 

12.8 

6.9 

.7 


105 


Less: Depreciation'^' 


15 4 


Non-operating income (net) 

Less: Bond interest 


6.9 
1 4 






Net income before income tax provision'" 


36.1 
18.3 


54.8 
24.6 


64.6 
24.2 


80.4 
33.0 


81.1 
33.6 


87.1 
43.8 


95 1 


Less: Income tax provision'^' 


49 3 






Net income to stockholders'" 


17.8 

18.5 


30.2 

13.7 


40.4 

17.7 


47.4 

19.5 


47.5 

19.2 


43.3 

19.4 


45 8 


Less: Cash dividends 


18 9 






Undistributed income'" 


-.7 


16.5 


22.7 


27.9 


28.3 


23.9 


26 9 







SOURCE AND USE OF 


FUNDS'^) 










Net Source of Funds 

Undistributed income 


-.7 

2.7 

.1 

6.5 


16.5 
3.9 
2.0 

6.7 


22.7 

.4 

2.1 

8.1 


27.9 
3.4 
1.1 

10.8 


28.3 

-.7 

.1 

11.6 


23.9 

-.5 

.2 

12.8 


26.9 


Non-recurring income and expense'^' 

Non-cash charges'^' <*' 

Depreciation 


.9 

.2 

15.4 


Total Funds From Current Operations 


8.6 

-3.4 

-1.3 

.4 

-.8 


29.1 
2.3 
-.5 

.4 


33.3 
3.1 

-.2 
1.5 
2.3 


43.2 
2.2 

-2.5 

.1 

4.0 


39.3 
8.2 

-7.4 

.4 

3.6 


36.4 
2.7 

-.2 
1.6 
2.7 


43 4 


Funded debt 


15 


Preferred stock 




Common stock 

Refundable excess profits tax 


3.2 


Total Net Source of Funds 


3.5 


31.3 


40.0 


47.0 


44.1 


43.2 


61.6 


Net Use of Funds 

Inventories 


17.9 

11.4 

6.1 

-4.0 


32.1 

15.6 

-2.2 

2.9 


12.6 

15.5 

7.7 

-.1 


1.7 

14.8 
-8.4 
-2.1 


3.0 

19.7 

.2 

-3.5 


52.4 

39.3 

2.6 

-9.9 


8 7 


Plant, property and equipment 

Investment in other companies 

Increase in miscellaneous assets less miscellaneous liabilities 


42.4 

.7 

10.9 


Sub-Total 


31.4 
-27.9 


48.4 
-17.1 


35.7 
4.3 


6.0 
41.0 


19.4 
24.7 


84.4 
-41.2 


62 7 


Increase in working capital ex. inventories 


-1.1 


Total Net Use of Funds 


3.5 


31.3 


40.0 


47.0 


44.1 


43.2 


61.6 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 

Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable 



Total Current Liabilities . 



Net Working Capital ex. Inventories. 

Inventories'" 

Plant, property and equipment (net)"' 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 



Total 



26.3 
38.2 
45.1 

109.6 

10.9 

52.2 

10.7 

.9 

74.7 

34.9 
93.0 
72.2 
21.9 

1.3 
14.6 

4.3 

242.2 



31.8 
33.8 
43.2 

108.8 

15.6 

54.4 

19.6 

1.4 

91.0 

17.8 

123.1 

81.2 

19.8 

1.2 

13.4 

9.8 

266.3 



33.8 
30.3 
54.4 

118.5 

9.7 
66.8 
17.9 

2.0 

96.4 

22.1 

134.2 

89.1 

27.5 

1.1 

10.9 

9.1 

294.0 



46.2 
56.0 
53.7 

155.9 

12.2 

56.4 

21.9 

2.3 

92.8 

63.1 

134.9 

93.7 

19.3 

1.1 

6.4 

8.2 

326.7 



52.1 
67.7 
80.6 

200.4 

12.7 

70.9 

26.8 

2.2 

112.6 

87.8 

137.8 

101.7 

23.3 

1.1 

2.7 

7.0 

361.4 



27.2 
61.8 
95.8 

184.8 

27.6 

80.6 

27.7 

2.3 

138.2 

46.6 
190.0 
124.7 

26.0 
1.0 

11.8 

400.1 



44.9 

50.5 

107.3 

202.7 

24.9 

95.2 

35.7 

1.4 

157.2 

45.5 
198.5 
159.7 

26.7 
.9 

8.3 

439.6 



Shareholders' Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves'"' 



Shareholders' Equity 

Funded debt''^' 

Loans from parent companies and other sources (net). 
Miscellaneous liabilities"^' 



Total. 



17.0 

79.4 

137.6 

234.0 
2.0 
4.4 
1.8 

242.2 



16.6 

79.6 

156.4 

252.6 
4.2 
6.7 
2.8 

266.3 



16.4 

81.1 

179.1 

276.6 
7.4 
5.7 
4.3 

294.0 



14.1 

81.3 

210.5 

305.9 
9.7 
6.8 
4.3 

326.7 



14.2 

81.8 

231.8 

327.8 

18.1 

10.2 

5.3 

361.4 



14.2 

83.4 

252.3 

349.9 

20.8 

21.6 

7.8 

400.1 



14.5 

86.3 

283.0 

383.8 

36.0 

11.2 

8.6 

439.6 



(1) Inventory reserves deducted from 1946 to 1952 were: 
Note: For other footnotes see page 196. 



.1 



2.0 



1.0 



,1 



.2 



203 



NOVEMBER 1953 



IX— FINANCIAL STATISTICS: 24 ELECTRICAL MACHINERY AND EQUIPMENT 

Millions of Dollars ^_^^^_^_ 



COMPANIES*! 

Bank of Canada 



Fiscal Year Nearest to Calendar Year 



1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation 'i>. 

Less: Depreciation '^^ 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision'''. 
Less: Income tax provision'" 



Net income to stockholders <'>. 
Less: Cash dividends 



Undistributed income*^'. 



11.9 
3.6 
3.0 


25.8 

4.9 

1.9 

.3 


32.3 

6.9 

.5 

.4 


37.7 

9.9 

4.2 

.4 


49.6 

9.9 

3.8 

.5 


53.2 

10.7 

2.6 

.4 


11.3 
4.5 


22.5 
10.3 


25.5 
9.9 


31.6 
10.9 


43.0 
17.2 


44.7 
22.8 


6.8 

7.2 


12.2 

6.4 


15.6 

4.3 


20.7 

12.0 


25.8 

12.0 


21.9 

8.8 


-.4 


5.8 


11.3 


8.7 


13.8 


13.1 



YEAR-END BALANCE SHEET 



SOURCE AND USE OF 


FUNDS'^' 










Net Source of Funds 

Undistributed income 


-.4 
-.2 

3.6 


5.8 

-3.7 

2.1 

4.9 


11.3 

3.6 

.8 

6.9 


8.7 

-.2 
9.9 


13.8 

.8 
9.9 


13.1 

-.1 

2.1 

10.7 


19 4 


Non-recurring income and expense'*' 


2 


Non-cash charges'^' '^' . 


— 6 


Depreciation 


10 8 






Total Funds From Current Operations 

Funded debt . 


3.0 
.1 

-.1 


9.1 
15.6 


22.6 
.7 

-.1 
1.0 
1.0 


18.4 

-1.3 

-.6 

1.5 


24.5 
-2.4 

.7 


25.8 

-1.8 

-.1 

.4 


29.8 
17 3 


Preferred stock 

Common stock 

Refundable excess profits tax 


2.3 


Total Net Source of Funds 


3.0 


24.7 


25.2 


18.0 


22.8 


24.3 


49.4 


Net Use of Funds 

Inventories 


14.1 

9.0 

1.0 

-1.0 


20.8 

13.4 

-2.4 

-4.8 


1.0 

17.5 

-.8 

.3 


.3 

11.4 

1.0 

.8 


22.6 
9.4 
2.5 
1.7 


63.3 

19.9 

-5.7 

.3 


7 7 


Plant, property and equipment 

Investment in other companies 


22.2 
1 5 


Increase in miscellaneous assets less miscellaneous liabilities 


1.8 


Sub-Total 


23.1 

-20.1 


27.0 
-2.3 


18.0 
7.2 


13.5 
4.5 


36.2 
-13.4 


77.8 
-53.5 


33 2 


Increase in working capital ex. inventories 


16.2 


Total Net Use of Funds 


3.0 


24.7 


25.2 


18.0 


22.8 


24.3 


49.4 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 

Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable 



Total Current Liabilities . 



Net Working Capital ex. Inventories. 

Inventories'" 

Plant, property and equipment (net)'^' 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 



Total 



8.0 
13.4 
25.5 

46.9 

4.1 

34.5 

5.6 

.5 

44.7 

2.2 
65.1 
33.0 
8.5 
1.9 
4.4 
1.7 

116.8 



10.5 

7.3 

41.2 

59.0 

10.6 

36.5 

11.5 

.5 

59.1 

-.1 
83.8 
40.4 
7.0 
1.9 
5.2 
1.6 

139.8 



12.7 

9.5 

50.6 

72.8 

10.8 

45.7 

8.7 

.5 

65.7 

7.1 
84.0 
51.4 
6.1 
1.9 
3.3 
1.6 

155.4 



13.9 
12.1 

48.4 

74.4 

3.4 

50.4 

7.8 

1.2 

62.8 

11.6 
84.0 
52.8 
7.1 
1.9 
1.8 
1.5 

160.7 



9.8 
11.8 
61.5 

83.1 

4.4 
64.3 
14.6 

1.6 

84.9 

-1.8 
105.8 
51.3 
9.6 
1.9 
1.0 
1.9 

169.7 



4.5 

1.4 

69.1 

75.0 

23.0 

89.1 

16.6 

1.6 

130.3 

-55.3 

167.0 

60.5 

6.7 

1.9 

.6 

2.8 

184.2 



Shareholders' Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves"" 



Shareholders' Equity 

Funded debt"" 

Loans from parent companies and other sources (net) . 
Miscellaneous liabilities"" 



Total. 



2.4 
46.4 
61.7 

110.5 
1.0 
3.0 
2.3 

116.8 



2.4 
46.4 
69.5 

118.3 

16.6 

3.0 

1.9 

139.8 



2.3 
47.9 
83.9 

134.1 

17.3 

2.2 

1.8 

155.4 



2.4 
47.9 
91.3 

141.6 

15.9 

1.5 

1.7 

160.7 



2.4 

48.0 

104.1 

154.5 

13.5 

.3 

1.4 

169.7 



2.3 

48.0 

119.0 

169.3 

11.7 

2.2 

1.0 

184.2 



(1) Inventory reserves deducted from 1946 to 1952 were: 
Note: For other footnotes see page 196. 



-.2 



2.1 



NOVEMBER 1953 



IX— FINANCIAL STATISTICS: 52 GOLD MINING COMPANIES*^ 



Millions of Dollars 



204 



Bank of Canada 



Fiscal Year Nearest to Calendar Year 



1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Emergency gold mining assistance 

Net operating profit before depreciation'"'. 

Less: Depreciation <2> 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision"'. 
Less: Income tax provision*" 

Net income to stockholders'"' 

Less: Cash dividends 



Undistributed income'". 



- 


.1 


5.4 


7.4 


4.6 


7.4 


22.3 


19.3 


18.2 


26.4 


29.9 


22.8 


5.1 


4.4 


5.7 


7.3 


6.8 


6.5 


3.8 


3.3 


3.7 


4.5 


6.3 


6.4 


21.0 


18.3 


21.6 


31.0 


34.0 


30.1 


5.7 


3.6 


4.0 


5.8 


6.8 


6.7 


15.3 


14.7 


17.6 


25.2 


27.2 


23.4 


17.6 


15.1 


13.6 


18.7 


20.9 


20.4 


-2.3 


-.4 


4.0 


6.5 


6.3 


3.0 



7.4 

15.1 

6.5 

6.2 



22.2 
4.6 

17.6 

19.0 

-1.4 



( 1) There were no inventory reserves to be deducted. 
Note: For otlier footnotes see page 196. 



SOURCE AND USE OF 


FUNDS'^' 










Net Source of Funds 


-2.3 

.3 

1.3 

3.8 


-.4 

.8 

1.2 

3.2 


4.0 

.7 

1.7 

4.0 


6.5 

.6 

1.2 

6.1 


6.3 

.8 
1.2 
5.6 


3.0 
1.3 
1.3 
5.2 


-1.4 


Non-recurring income and expense^®' 


8 


Non-cash charges'^' '®' 


1.6 




5.0 






Total Funds From Current Operations 


3.1 
1.1 


4.8 
.2 

.1 


10.4 
.1 

.2 
.1 


14.4 
.2 


13.9 
-.1 

.6 


10.8 


6 






Preferred stock 






-.3 


Refundable excess profits tax . 








Total Net Source of Funds 


4.2 


5.1 


10.8 


14.6 


14.4 


10.8 


5.7 






Net Use of Funds 


8.2 
5.1 
2.8 
5.4 


1.7 
7.3 
4.2 
3.4 


.5 
7.7 

.9 
1.5 


-1.2 
4.6 
2.6 
1.7 


-1.8 

4.4 

1.1 

.9 


4.4 

4.8 

3.1 

.4 


.5 


Plant property and equipment 


3 5 


Investment in other companies 


3.6 


Increase in miscellaneous assets less miscellaneous liabilities .... 


.8 


Sub-Total . . 


21.5 
-17.3 


16.6 
-11.5 


10.6 
.2 


7.7 
6.9 


4.6 
9.8 


12.7 
-1.9 


84 


Increase in working capital ex. inventories 


-2.7 






Total Net Use of Funds 


4.2 


5.1 


10.8 


14.6 


14.4 


10.8 


5 7 







YEAR-END BALANCE 


SHEET 












Net Working Capital and Other Assets 
Cash . . 


21.0 

51.3 

.9 


18.1 

44.1 

1.2 


18.2 

41.6 

4.5 


19.3 

47.1 

5.3 


21.5 

55.6 

4.3 


21.1 

53.4 

5.2 


16 7 


Marketable securities 


55.1 


Current accounts receivable 


5 6 






Total Current Assets ex. Inventories 


73.2 


63.4 


64.3 


71.7 


81.4 


79.7 


77 4 






Bank loans. . . . . 


.5 
5.6 
3.6 
1.8 


2.9 
5.8 
2.6 
1.9 


2.3 
6.8 
2.9 
1.9 


1.2 
6.7 
3.9 
2.6 


.1 
7.5 
4.4 
2.3 


.2 

7.7 
4.1 
2.5 


6 


Current accounts payable 


8 8 


Accrued taxes payable 


3 


Accrued interest and dividends payable 


2 5 






Total Current Liabilities 


11.5 


13.2 


13.9 


14.4 


14.3 


14.5 


14 9 






Net Working Capital ex. Inventories 


61.7 
24.2 
94.4 
23.3 

.2 
8.3 


50.2 
25.9 
97.2 
27.4 

.1 
10.1 


50.4 

26.4 

100.8 

28.7 

10.6 


57.3 
25.2 
99.3 
31.0 

9.8 


67.1 
23.4 
97.7 
32.1 

10.8 


65.2 
27.8 
97.3 
34.8 

9.9 


62 5 


Inventories'" 


28 3 


Plant, property and equipment (net)'" 


96 


Investment in other companies (net)'^' 


39 1 


Goodwill, franchises, etc. 




Refundable portion of excess profits tax 




Miscellaneous assets'""' . . . 


9 2 






Total . . 


212.1 


210.9 


216.9 


222.6 


231.1 


235.0 


235.1 






Shareholders' Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 


132.9 
79.4 


133.0 
78.5 


133.2 
84.5 


133.3 
90.3 


134.0 
96.8 


134.0 
100.5 




Common stock outstanding 


133 7 


Earned surplus and surplus reserves'""' . 


100 9 






Shareholders' Equity . . 


212.3 

-.6 

.4 


211.5 
.2 

-1.2 
.4 


217.7 
.3 

-1.4 
.3 


223.6 
.3 

-1.6 
.3 


230.8 

.2 

-.2 

.3 


234.5 
.2 

.3 


234 6 


Funded debt'"^' . . 


.2 






Miscellaneous liabilities'"^' 


.3 






Total 


212.1 


210.9 


216.9 


222.6 


231.1 


235.0 


235.1 







205 



NOVEMBER 1953 



IX— FINANCIAL STATISTICS: 11 NON-FERROUS METAL MINING 

Millions of Dollars 



COMPANIES*! 

Bank of Canada 



Fiscal Year Nearest to Calendar Year 



1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation'". 

Less. Depreciation'^' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision'". 
Less: Income tax provision'" 



Net income to stockholders'" . 

Less: Cash dividends 



Undistributed income'". 



107.2 

15.3 

8.3 


155.5 

16.4 

9.8 


192.8 
17.3 
13.9 


158.6 
18.0 
13.0 


198.5 
20.6 
10.9 


271.1 
22.6 
14.2 


100.2 
30.2 


148.9 
45.0 


189.4 
49.8 


153.6 
42.9 


188.8 
56.5 


262.7 
97.1 


70.0 

57.5 


103.9 

74.5 


139.6 

96.0 


110.7 

91.6 


132.3 

93.2 


165.6 

108.8 


12.5 


29.4 


43.6 


19.1 


39.1 


56.8 



YEAR-END BALANCE SHEET 



SOURCE AND USE OF 


FUNDS'"' 










Net Source of Funds 

Undistributed income 


12.5 
5.6 
4.6 

13.2 


29.4 
6.8 
1.7 

14.1 


43.6 

-.7 

.9 

14.5 


19.1 

-6.6 

3.0 

15.0 


39.1 
4.2 
4.5 

16.1 


56.8 

.1 

4.0 

18.6 


32 5 


Non-recurring income and expense"' 

Non-cash charges'^' "' 


.2 

4.2 

21 8 






Total Funds From Current Operations . ... 


35.9 
-.6 

.1 


52.0 
-.4 


58.3 
-.3 

.1 
.3 


30.5 

.7 

.6 


63.9 
.2 

.2 
.4 


79.5 

4.3 
.6 


58 7 




14 


Preferred stock 






3 7 


Refundable excess profits tax 




Total Net Source of Funds 


35.4 


51.6 


58.4 


31.8 


64.7 


84.4 


76.4 


Net Use of Funds 

Inventories ■ 


3.3 

12.7 

1.9 

-1.6 


15.1 

22.5 

3.6 

1.4 


16.2 

25.0 

9.2 

3.6 


12.7 

34.8 

3.8 

2.4 


3.5 

32.8 

1.6 

4.9 


27.1 

48.4 

8.8 

7.0 


36 6 


Plant, property and equipment 

Investment in other companies 


62.0 
13 3 


Increase in miscellaneous assets less miscellaneous liabilities 


9.5 


Sub-Total 


16.3 
19.1 


42.6 
9.0 


54.0 

4.4 


53.7 
-21.9 


42.8 
21.9 


91.3 
-6.9 


121 4 


Increase in working capital ex. inventories 


-45.0 


Total Net Use of Funds 


35.4 


51.6 


58.4 


31.8 


64.7 


84.4 


76.4 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 



Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable . 

Total Current Liabilities . . 



Net Working Capital ex. Inventories. 

Inventories'" 

Plant, property and equipment (net)'*' 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 



Total 



104.9 
81.6 
25.1 

211.6 



14.6 

22.8 

8.2 

45.6 

166.0 
76.4 

170.8 
29.8 

2.8 
3.4 

449.2 



115.1 
96.2 
28.1 

239.4 

.1 
19.7 
28.4 
16.2 

64.4 

175.0 
92.1 

178.9 
32.8 

1.8 
4.4 

485.0 



121.3 
97.0 
41.4 

259.7 



22.6 
37.0 
20.7 

80.3 

179.4 

110.2 

183.0 

41.4 

1.5 

5.6 

521.1 



96.9 
93.3 
32.8 

223.0 



21.1 
28.6 
15.8 

65.5 

157.5 
122.9 
202.4 

44.7 

.9 

7.4 

535.8 



113.7 

109.8 

46.9 

270.4 



30.0 
41.9 
19.1 

91.0 

179.4 

126.4 

218.7 

45.7 

.6 
9.9 

580.7 



121.5 

119.4 

56.4 

297.3 

.1 

35.7 
68.3 
20.7 

124.8 

172.5 

153.5 

248.1 

53.8 



14.1 
642.0 



Shareholders' Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves'^" 



Shareholders' Equity 

Funded debt"^) _ 

Loans from parent companies and other sources (net) . 
Miscellaneous liabilities"" 



Total 



27.6 
146.0 
279.5 

453.1 

.7 

-13.8 

9.2 

449.2 



27.6 
146.0 
313.1 

486.7 

.3 

-11.1 

9.1 

485.0 



27.6 
146.1 
347.9 

521.6 

-9.2 
8.7 

521.1 



27.6 
146.1 
360.1 

533.8 

.7 

-6.6 

7.9 

535.8 



27.6 
146.3 
401.6 




580.7 



27.6 
150.6 
456.0 

634.2 

.9 

-3.3 

10.2 

642.0 



(1) Inventory reserves deducted from 1946 to 1952 were;. 
Note: For other footnotes see page 196. 



2.5 



-.6 



-1.9 



NOVEMBER 1953 



Millions of Dollars 



IX— FINANCIAL STATISTICS: 8 PETROLEUM COMPANIES* ^ 



206 



Bank of Canada 



Fiscal Year Nearest to Calendar Year 



1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation''^ 

Less. Depreciation <2' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision'''. 
Less: Income tax provision*'^ 



Net income to stockholders'". 

Less: Cash dividends 



Undistributed income"'. 



46.8 

10.3 

6.2 

.9 


51.5 

11.6 

5.9 

1.2 


58.0 

14.9 

7.1 

1.9 


68.6 

23.9 

4.8 

2.0 


102.5 

27.4 

.2 

3.3 


141.1 

30.5 

.3 

3.9 


41.8 
16.4 


44.6 
15.1 


48.3 
14.1 


47.5 
10.9 


72.0 
25.9 


107.0 
44.3 


25.4 

18.4 


29.5 

18.8 


34.2 

19.6 


36.6 

19.8 


46.1 

22.6 


62.7 

26.0 


7.0 


10.7 


14.6 


16.8 


23.5 


36.7 



150.9 

35.1 

.3 

4.7 

111.4 
49.5 

61.9 

30.9 

31.0 



(1) Inventory reserves deducted from 1946 to 1952 were: 
Note: For other footnotes see page 196. 



-1.5 



-.5 



3.4 



1.0 



-9.5 



SOURCE AND USE OF 


FUNDS (<' 










Net Source of Funds 

Undistributed income 


7.0 

.7 

-1.5 

10.3 


10.7 

-.3 

.1 

11.6 


14.6 

.2 

3.4 

14.9 


16.8 
.9 

23.9 


23.5 

.4 

1.1 

27.3 


36.7 

-9.3 
30.4 


31.0 


Non-recurring income and expense^'' 

Non-cash charges'^' <" 

Depreciation 


7.1 

.5 

34.6 


Total Funds From Current Operations 


16.5 

8.5 

-2.1 

.2 


22.1 

32.8 

11.0 

1.9 


33.1 
5.2 
5.0 
8.7 


41.6 
18.6 

.3 
.3 


52.3 

29.5 

4.0 

11.9 

.1 


57.8 

28.4 

-1.2 

81.5 

.5 


73.2 


Funded debt 


23.5 


Preferred stock 

Common stock 

Refundable excess profits tax 


8.0 


Total Net Source of Funds 


23.1 


67.8 


52.0 


60.8 


97.8 


167.0 


104.7 


Net Use of Funds 

Inventories .■ 


6.3 
28.7 

7.8 
-1.2 


34.3 

48.0 

3.5 

1.2 


37.4 

46.9 

-33.6 

1.7 


-4.2 

53.9 

-23.1 

.1 


13.1 

69.8 

-30.4 

2.0 


29.7 

100.9 

4.8 

4.2 


.3 


Plant, property and equipment 

Investment in other companies 

Increase in miscellaneous assets less miscellaneous liabilities 


124.6 

11.4 

1.2 


Sub-Total 

Increase in working capital ex. inventories 


41.6 
-18.5 


87.0 
-19.2 


52.4 
-.4 


26.7 
34.1 


54.5 
43.3 


139.6 
27.4 


137.5 
-32.8 


Total Net Use of Funds 


23.1 


67.8 


52.0 


60.8 


97.8 


167.0 


104.7 



YEAR-END BALANCE 


SHEET 












Net Working Capital and Other Assets 

Cash 


14.6 
17.8 
33.1 


20.0 

3.9 

44.9 


15.8 

5.4 

50.5 


25.3 
22.4 
58.9 


33.6 
56.8 
75.5 


54.1 
69.0 
88.7 


33.8 


Marketable securities 

Current accounts receivable 


61.1 
94.7 






Total Current Assets ex. Inventories 


65.5 


68.8 


71.7 


106.6 


165.9 


211.8 


189.6 


Bank loans 


28.6 

10.3 

1.1 


49.8 

11.5 

1.2 


2.5 

53.0 

9.1 

1.2 


13.3 

43.4 

8.6 

1.3 


3.3 
59.9 
17.9 

1.5 


8.7 
62.1 
28.8 

1.5 


.3 


Current accounts payable 


79.0 


Accrued taxes payable 

Accrued interest and dividends payable 


30.9 
1.5 


Total Current Liabilities 


40.0 


62.5 


65.8 


66.6 


82.6 


101.1 


111.7 






Net Working Capital ex. Inventories 


25.5 

69.5 

106.6 

56.5 

7.6 

.9 

2.0 


6.3 

104.3 

143.4 

60.0 

7.0 

.9 

3.5 


5.9 

138.3 

176.9 

36.6 

5.6 

.9 

3.5 


40.0 

134.1 

209.5 

37.3 

5.0 

.7 

5.3 


83.3 

146.2 

284.4 

23.5 

4.0 

.5 

6.9 


110.7 

185.4 

356.0 

25.2 

.1 

10.5 


77.9 


Inventories'" 

Plant, property and equipment (net)'*' 


185.7 
441 8 


Investment in other companies (net)'" 


38.7 


Goodwill, franchises, etc 


4 


Refundable portion of excess profits tax 




Miscellaneous assets '"" 


9 6 






Total 


268.6 


325.4 


367.7 


431.9 


548.8 


687.9 


754.1 






Shareholders- Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 


10.0 

114.1 

92.6 


21.0 
115.9 
103.4 


26.0 
124.6 
171.0 


25.6 
125.3 
199.5 


16.4 
150.4 
225.6 


14.0 
233.7 
259.4 


14.0 


Common stock outstanding 


241.7 


Earned surplus and surplus reserves"" 


293.4 






Shareholders' Equity 


216.7 
34.8 
-.5 
17.6 


240.3 
68.0 

-.7 
17.8 


321.6 

73.2 

-42.8 

15.7 


350.4 

92.9 

-29.4 

18.0 


392.4 

122.6 

1.0 

32.8 


507.1 

151.0 

1.1 

28.7 


549.1 


Funded debt"^) 


174.6 


Loans from parent companies and other sources (net) 


1.2 


Miscellaneous liabilities''^' 


29.2 






Total 


268.6 


325.4 


367.7 


431.9 


548.8 


687.9 


754.1 







207 



NOVEMBER 1953 



IX— FINANCIAL STATISTICS: 30 CHEMICAL COMPANIES*^ 



Millions of Dollars 








Bank of Canada 


Fiscal Year Nearest to Calendar Year 


1 1946 1 1947 1 1948 | 


1949 


1950 


1951 1 1952 


PROFIT STATISTICS: 


SUMMARY STATEMENT 









Net operating profit before depreciation '^^ 

Less: Depreciation <2' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision*'^ 
Less: Income tax provision*^' 



Net income to stockholders '^^ . 

Less: Cash dividends 



Undistributed income <''. 



25.5 


30.0 


37.2 


39.0 


47.0 


57.0 


4.0 


5.9 


7.1 


8.6 


10.1 


10.5 


2.1 


3.2 


1.7 


1.7 


3.2 


2.4 


.1 


.3 


.3 


.3 


.4 


.5 


23.5 


27.0 


31.5 


31.8 


39.7 


48.4 


10.5 


11.5 


11.4 


12.6 


16.4 


24.7 


13.0 


15.5 


20.1 


19.2 


23.3 


23.7 


9.6 


9.3 


11.1 


13.6 


19.3 


13.2 


3.4 


6.2 


9.0 


5.6 


4.0 


10.5 



YEAR-END BALANCE SHEET 



SOURCE AND USE OF 


FUNDS(<) 










Net Source of Funds 

Undistributed income 


3.4 
.4 

3.9 


6.2 
.1 

.4 
5.8 


9.0 
-.1 
-.6 

7.1 


5.6 

.5 

-.1 

8.5 


4.0 
-.2 
-.2 
10.1 


10.5 
10.5 


6.8 


Non-recurring income and expense'^' 


.1 


Non-cash charges'^' '^^ 


.1 


Depreciation 


16.0 


Total Funds From Current Operations 


7.7 

3.9 

-2.3 

4.3 


12.5 

-.3 

5.3 

.8 


15.4 
1.3 

-.2 
.6 
.5 


14.5 
-.9 

.2 
1.0 


13.7 
4.4 

.4 
.8 


21.0 

-1.5 

-3.2 

5.0 

.9 


23.0 


Funded debt 


12 


Preferred stock 




Common stock 


.3 


Refundable excess profits tax 




Total Net Source of Funds 


13.6 


18.3 


17.6 


14.8 


19.3 


22.2 


35.3 


Net Use of Funds 

Inventories 


4.0 

15.1 

1.9 

-1.8 


7.9 

12.5 

1.9 

-2.2 


3.4 

15.2 

-.4 

-1.5 


-1.8 

10.3 

-.5 

1.6 


4.1 
7.8 
-.4 
-.9 


10.7 

13.4 

-.2 

-1.2 


-.4 


Plant, property and equipment 

Investment in other companies 

Increase in miscellaneous assets less miscellaneous liabilities 


47.3 

1.6 

-3.5 


Sub-Total 

Increase in working capital ex. inventories 


19.2 
-5.6 


20.1 
-1.8 


16.7 
.9 


9.6 
5.2 


10.6 
8.7 


22.7 
-.5 


45.0 
-9.7 






Total Net Use of Funds 


13.6 


18.3 


17.6 


14.8 


19.3 


22.2 


35.3 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 

Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable 



Total Current Liabilities . 



Net Working Capital ex. Inventories. 

Inventories^" 

Plant, property and equipment (net)'*' 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets <"" 



Total. 



11.7 
16.8 
14.9 

43.4 

2.5 
12.2 

6.7 
2.4 

23.8 

19.6 

27.1 

48.9 

15.1 

4.7 

3.3 

3.3 

122.0 



13.0 
12.0 
20.0 

45.0 

3.4 

14.3 

7.4 

2.1 

27.2 

17.8 

34.6 

55.6 

16.7 

5.0 

3.2 

3.2 

136.1 



15.3 

8.3 

22.4 

46.0 

4.0 

12.2 

8.9 

2.2 

27.3 

18.7 

39.5 

64.4 

16.6 

4.9 

2.7 

3.0 

149.8 



16.6 
12.0 
23.7 

52.3 

3.2 

13.9 

8.7 

2.6 

28.4 

23.9 

37.9 

67.4 

16.0 

4.8 

1.7 

2.9 

154.6 



18.2 
19.3 
28.8 

66.3 

2.3 
16.8 
10.9 

3.7 

33.7 

32.6 
42.3 
68.3 
15.8 

3.9 
.9 

2.8 

166.6 



17.4 
25.0 
32.3 

74.7 

3.3 
20.0 
15.6 

3.7 

42.6 

32.1 

53.0 

78.6 

9.3 

3.9 

3.2 

180.1 



Shareholders' Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves^' 



Shareholders' Equity 

Funded debt'^^) 

Loans from parent companies and other sources (net). 
Miscellaneous liabilities^' 



Total. 



14.9 
40.8 
53.2 

108.9 

7.5 

.2 

5.4 

122.0 



20.4 
41.7 
58.3 

120.4 
7.2 
2.7 
5.8 

136.1 



20.2 
42.3 
69.3 

131.8 
8.6 
3.6 
5.8 

149.8 



20.2 
42.5 
76.4 

139.1 

7.7 
2.1 
5.7 

154.6 



20.6 
42.9 
82.5 

146.0 

12.1 

2.9 

5.6 

166.6 



17.6 
42.0 
98.5 

158.1 

10.7 

5.7 

5.6 

180.1 



(1) Inventory reserves deducted from 1946 to 1952 were:. 
Note: For other footnotes see page 196. 



.4 



-.2 



-.3 



NOVEMBER 1953 

IX— FINANCIAL STATISTICS: 56 WHOLESALE TRADE AND SERVICES 

Millions of Dollars 



208 
COMPANIES* i 

Bank of Canada 



Fiscal Year Nearest to Calendar Year 



I 1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation''^ 

Less: Depreciation*^' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision*". 
Less: Income tax provision*" 



Net income to stockholders'". 

Less: Cash dividends 



Undistributed income*". 



16.1 

1.0 

.9 

.1 

15.9 
7.9 

8.0 

6.4 

1.6 



16.3 
1.3 



15.7 
7.3 

8.4 

5.6 

2.8 



18.5 

1.6 

.9 

.1 


17.5 

2.3 

.9 

.1 


20.4 

2.8 

.9 

.2 


22.3 

3.5 

1.2 

.4 

19.6 
9.7 


17.7 
6.4 


16.0 
6.0 


18.3 
7.3 


11.3 

4.2 


10.0 

4.1 


11.0 

5.8 


9.9 

4.2 


7.1 


5.9 


5.2 


5.7 



20.4 

3.5 

1.3 

.4 

17.8 



9.0 

4.5 

4.5 



SOURCE AND USE OF FUNDS*^» 



Net Source of Funds 

Undistributed income 

Non-recurring income and expense*^' . 

Non-cash charges*^' **' 

Depreciation 



Total Funds From Current Operations. 

Funded debt 

Preferred stock 

Common stock 

Refundable excess profits tax 



Total Net Source of Funds. 



1.6 

.2 
1.0 



2.8 
.9 

-.7 



3.0 



2.8 
.5 
.8 

1.4 

5.5 

-.1 

1.3 

.2 



6.9 



7.1 

.9 

-.2 

1.6 



9.4 

-.1 

-.3 

.3 

.3 

9.6 



5.9 

.4 
2.3 

8.6 

1.0 

-.1 

.8 

10.3 



5.2 

-.7 

.6 

2.8 

7.9 
5.4 

-.3 
.8 



13.8 



5.7 

-.3 

.3 

3.5 

9.2 

1.1 

-.3 

.6 



10.6 



4.5 

.2 

-.2 

3.5 

8.0 

3.1 

-1.1 

1.9 

.1 

12.0 



Net Use of Funds 

Inventories , 

Plant, property and equipment 

Investment in other companies 

Increase in miscellaneous assets less miscellaneous liabilities. 

Sub-Total 

Increase in working capital ex. inventories 



Total Net Use of Funds. 



11.8 

3.9 

-1.0 

-.4 

14.3 
-11.3 

3.0 



5.2 

3.6 

1.1 

-2.1 



7.8 
-.9 

6.9 



3.9 

2.1 

.2 

-1.7 

4.5 
5.1 

9.6 



-3.8 

4.6 

.8 

1.1 



2.7 
7.6 

10.3 



13.1 

7.0 

4.6 

-3.3 

21.4 
-7.6 

13.8 



3.6 

6.3 

-1.5 

-.3 

8.1 
2.5 

10.6 



2.9 
5.5 

-.2 
4.1 

12.3 
-.3 

12.0 



YEAR-END BALANCE 


SHEET 












Net Working Capital and Other Assets 

Cash 

Marketable securities 


6.2 

8.6 

20.2 


6.9 

4.2 

22.3 


9.6 

4.5 

25.6 


12.7 

4.4 

28.0 


8.0 

4.6 

36.3 


9.5 

4.1 

34.9 


9.0 
2.2 


Current accounts receivable 


39.5 






Total Current Assets ex. Inventories 


35.0 

5.6 

17.1 

5.8 

2.9 


33.4 


39.7 


45.1 


48.9 


48.5 


50.7 


Bank loans . . 


7.3 

17.5 

5.1 

.8 


7.2 

19.1 

5.0 

.6 


4.4 

20.5 

4.2 

.6 


10.2 

24.7 

5.3 

.9 


8.9 

22.2 

6.6 

.5 


8.8 


Current accounts payable 

Accrued taxes payable 


26.0 
5.4 


Accrued interest and dividends payable 


5 






Total Current Liabilities 


31.4 


30.7 


31.9 


29.7 


41.1 


38.2 


40.7 


Net Working Capital ex. Inventories 

Inventories*^' 


3.6 
40.9 
14.2 

4.0 
.4 

2.8 

1.2 


2.7 
44.9 
16.5 

5.1 
.4 

2.7 

1.5 


7.8 
49.0 
17.1 

5.4 

.4 

2.4 

1.3 


15.4 

44.8 

19.6 

6.3 

.3 

1.6 

1.3 


7.8 

57.3 

23.8 

11.0 

.2 

.7 

1.5 


10.3 

60.8 

26.7 

10.2 

.2 

.1 

1.7 


10.0 
63 8 


Plant, property and equipment (net)**' 


29.4 


Investment in other companies (net)*®' 


10 


Goodwill franchise, etc 


.2 


Refundable portion of excess profits tax 




Miscellaneous assets*"" 


2.0 






Total 


67.1 


73.8 


83.4 


89.3 


102.3 


110.0 


115.4 






SHAREHOLDERS' EQUITY, FUNDED DEBT & OTHER LlABS. 

Preferred stock outstanding 


9.9 
19.0 
31.3 


11.5 
20.0 
33.0 


11.4 
20.4 
40.7 


11.3 
20.4 
46.7 


11.6 
21.8 
48.7 


13.1 
22.0 
53.0 


12.3 


Common stock outstanding 


23.9 




57.7 






Shareholders' Equity 


60.2 

1.8 

4.5 

.6 


64.5 

1.7 

7.0 

.6 


72.5 

1.6 

8.6 

.7 


78.4 
2.6 
7.6 

.7 


82.1 

8.0 

11.5 

.7 


88.1 
9.1 

12.1 

.7 


93.9 


Funded debt*'^' 


12.3 




8.5 


Miscellaneous liabilities*'^' 


.7 






Total 


67.1 


73.8 


83.4 


89.3 


102.3 


110.0 


115.4 







(1) Inventory reserves deducted from 1946 to 1952 were:. 
Note: For other footnotes see page 196. 



-.3 



209 

IX— FINANCIAL STATISTICS: 6 RETAIL FOOD CHAIN 

Millions of Dollars 



NOVEMBER 1953 
COMPANIES*! 

Bank of Canada 



Fiscal Year Nearest to Calendar Year 



I 1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation'". 

Less: Depreciation '2) 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision'". 
Less: Income tax provision'^' 



Net income to stockholders'" . 

Less: Cash dividends 



Undistributed income'". 



6.1 
.7 



5.4 
2.6 

2.8 

2.7 



8.4 



7.5 
3.1 

4.4 

3.3 

1.1 



10.8 
1.1 



9.6 
3.5 

6.1 

3.5 

2.6 



13.2 
1.8 



11.3 
4.4 

6.9 

4.0 

2.9 



17.3 
2.6 

.1 


22.1 
3.0 

.1 


14.6 
6.4 


19.0 
10.1 


8.2 

4.3 


8.9 

2.1 


3.9 


6.8 



SOURCE AND USE OF FUNDS'^' 



Net Source of Funds 

Undistributed income 

Non-recurring income and expense'*'. 

Non-cash charges '2' "' 

Depreciation 



Total Funds From Current Operations. 

Funded debt 

Preferred stock 

Common stock 

Refundable excess profits tax 



Total Net Source of Funtds. 



1.2 



.3 



1.5 



1.1 



1.9 

4.2 

2.0 

-1.5 



6.6 



2.6 



1.1 

3.7 

-1.0 

1.0 

.1 



3.8 



2.9 
.1 

1.8 

4.8 
-.4 

.1 
.1 

4.6 



3.9 
-.1 

2.6 

6.4 
.1 

.5 
.1 

7.1 



6.8 



3.0 



9.8 

.1 

1.9 

.2 

12.0 



Net Use of Funds 

Inventories 

Plant, property and equipment 

Investment in other companies 

Increase in miscellaneous assets less miscellaneous liabilities. 



Sub-Total 

Increase in working capital ex. inventories. 

Total Net Use of Funds. . . 



2.8 

1.1 

.4 

-.4 

3.9 
-2.4 

1.5 



6.7 

4.4 

.1 



10.4 
-3.8 

6.6 



.6 
1.4 



2.2 
1.6 

3.8 



1.7 
5.1 
-.1 
-.3 

6.4 
-1.8 

4.6 



6.5 

11.7 

-.1 

.6 

18.7 
■11.6 

7.1 



2.4 

4.2 

2.9 

.4 



9.9 
2.1 

12.0 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 



Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable . 

Total Current Liabilities . . 



Net Working Capital ex. Inventories. 

Inventories'" 

Plant, property and equipment (net)'*' 

Investment in other companies (net)'" 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 



Total 



Shareholders- Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves''" 



Shareholders' Equity 

Funded debt"^) 

Loans from parent companies and other sources (net). 
Miscellaneous liabilities'"' 



Total 



5.8 
1.1 



7.7 

.1 
5.4 
1.3 
1.6 

8.4 

-.7 

14.8 

8.3 



.6 

.7 

23.7 



12.4 
8.2 

20.6 

2.2 

.9 



23.7 



6.8 

.6 

1.6 

9.0 

.2 
9.9 
1.9 
1.5 

13.5 

-4.5 

21.5 

11.9 

.2 

.1 

.6 

1.0 

30.8 



2.0 

10.9 

9.3 

22.2 
6.6 
2.0 



30.8 



9.5 
2.2 
2.0 

13.7 

.3 
11.4 

2.4 
2.5 

16.6 

-2.9 

22.1 

13.8 

.2 

.1 

.5 

1.1 

34.9 



4.5 
11.0 
13.5 

29.0 
5.5 

.4 



34.9 



10.9 
1.4 
2.0 

14.3 

.1 

13.4 

3.1 

2.4 

19.0 

-4.7 

23.8 

17.6 

.1 

.1 

.4 

1.3 

38.6 



4.5 
11.1 
17.0 

32.6 
5.2 



38.6 



9.0 

2.1 

11.1 

3.4 

17.0 

4.2 

2.8 

27.4 

-16.3 
30.3 
27.0 



.3 
1.8 

43.1 



4.5 
11.5 
21.0 

37.0 
5.3 

.7 
.1 

43.1 



13.8 

.1 

3.2 

17.1 

8.4 

16.5 

5.7 

.7 

31.3 

-14.2 

32.7 

28.4 

2.9 

.1 
2.0 

51.9 



6.5 
11.5 
27.9 

45.9 

5.5 

.5 



51.9 



(1) There were no inventory reserves to be deducted. 
Note: For other footnotes see page 196. 



NOVEMBER 1953 



210 



IX— FINANCIAL STATISTICS: 4 DEPARTMENT STORE COMPANIES*^ 

Millions of Dollars 



Bank of Canada 



Fiscal Year Nearest to Calendar Year 



I 1946 



1947 



1948 



1949 



1950 



1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation"^ 

Less: Depreciation^^' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision"). 
Less: Income tax provision'" 



Net income to stockholders"'. 

Less: Cash dividends 



Undistributed income 



CO 



11.2 


10.2 


12.2 


12.7 


14.2 


10.3 


1.0 


1.2 


1.4 


1.7 


1.9 


1.8 


.3 


.3 


.2 


.3 


.2 


.1 


.7 


.5 


.7 


.8 


1.0 


.9 


9.8 


8.8 


10.3 


10.5 


11.5 


7.7 


5.0 


3.8 


4.6 


4.4 


4.9 


3.9 


4.8 


5.0 


5.7 


6.1 


6.6 


3.8 


1.8 


1.9 


1.8 


2.2 


2.6 
4.0 


2.7 


3.0 


3.1 


3.9 


3.9 


1.1 



16.7 



.1 
.9 



14.1 
6.9 

7.2 

2.8 

4.4 



SOURCE AND USE OF FUNDS'^' 



Net Source of Funds 

Undistributed income 

Non-recurring income and expense'*'. 

Non-cash charges'^' <" 

Depreciation 



Total Funds From Current Operations. 

Funded debt 

Preferred stock 

Common stock 

Refundable excess profits tax 



Total Net Source of Funds. 



3.0 


3.1 


3.9 


3.9 


4.0 


1.1 


-.1 


-.1 


-.2 


-.2 


-.1 


-.3 


.3 


- 


1.5 


.3 


.6 


.2 


1.0 


1.2 


1.4 


1.7 


1.9 


1.8 


4.2 


4.2 


6.6 


5.7 


6.4 


2.8 


-.8 


8.8 


4.3 


4.8 


-2.2 


-3.8 


-.1 


.5 


- 


4.9 


4.7 


.9 


-.1 


- 


- 


.1 


.8 


.7 


3.2 


13.5 


10.9 


15.5 


9.7 


.6 


6.3 


1.7 


4.4 


3.9 


1.2 


-.5 


2.5 

-.1 

1.0 


4.1 

-.3 

.8 


2.6 


4.4 


3.7 


3.1 


.9 


1.2 


.5 


.1 


9.7 


6.3 


7.9 


9.5 


5.4 


2.7 


-6.5 


7.2 


3.0 


6.0 


4.3 


-2.1 


3.2 


13.5 


10.9 


15.5 


9.7 


.6 



4.4 
-.1 
-.3 

1.8 



5.8 

-2.0 

-.1 

.9 

4.6 



Net Use of Funds 

Inventories 

Plant, property and equipment 

Investment in other companies .•.••.•• 

Increase in miscellaneous assets less miscellaneous liabilities. 

Sub-Total 

Increase in working capital ex. inventories 



Total Net Use of Funds. 



5.2 
2.5 

.4 



8.1 
-3.5 

4.6 



(1) Inventory reserves deducted from 1946 to 1952 were:. 
Note: For other footnotes see page 196. 



1.5 



YEAR-END BALANCE SHEET 












Net Working Capital and Other Assets 
Cash 


1.0 
2.0 
9.6 


1.4 

1.6 

17.7 


1.7 

1.1 

25.5 


1.3 

1.8 

31.9 


.8 

1.1 

37.3 


3.1 

.4 
30.2 


1.2 


Marketable securities 


.4 


Current accounts receivable 


56.8 


Total Current Assets ex. Inventories 


12.6 


20.7 


28.3 


35.0 


39.2 


33.7 


58.4 


Bank loans 


4.0 

13.1 

3.4 

.4 


4.1 

14.5 

2.8 

.4 


4.1 

17.9 

4.0 

.4 


5.8 

17.7 

3.4 

.2 


4.4 

17.9 

4.5 

.2 


1.9 

17.6 

3.9 

.2 


24 2 


Current accounts payable 


20.5 


Accrued taxes payable 


6 6 


Accrued interest and dividends payable 


.5 






Total Current Liabilities 


20.9 


21.8 


26.4 


27.1 


27.0 


23.6 


51 8 






Net Working Capital ex. Inventories 

Inventories'" 


-8.3 
18.2 
24.0 

.7 

2.8 
2.9 


-1.1 
19.9 

27.1 
.5 

2.8 
3.5 


1.9 

22.8 

28.2 

.5 

2.8 

4.2 


7.9 

26.4 

30.9 

.5 

2.7 
5.3 


12.2 

27.0 

32.7 

.5 

1.7 
5.8 


10.1 

26.3 

34.2 

.5 

.9 
5.9 


6.6 
32 8 


Plant, property and equipment (net)'" 


34 8 


Investment in other companies (net)'^' 


5 


Goodwill, franchises, etc 




Refundable portion of excess profits tax 




Miscellaneous assets '"" 


7 5 






Total 


40.3 


52.7 


60.4 


73.7 


79.9 


77.9 


82.2 






Shareholders* Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 


13.0 
7.1 
7.9 


13.5 

7.1 

11.1 


12.6 

8.0 

14.5 


17.8 

8.0 

17.7 

43.5 
30.2 

73.7 


22.8 

8.0 

21.2 


23.7 

8.0 

22.0 


23 6 


Common stock outstanding 


8.0 




27.2 






Shareholders' Equity 


28.0 

12.1 

.2 


31.7 

21.0 


35.1 
25.3 


52.0 
27.9 


53.7 
24.2 


58.8 


Funded debt"^) 


23 4 






Miscellaneous liabilities"" 








Total 


40.3 


52.7 


60.4 


79.9 


77.9 


82.2 







211 

IX— FINANCIAL STATISTICS: 21 ELECTRIC AND OTHER UTILITY 

Millions of Dollars 



NOVEMBER 1953 
COMPANIES*^ 

Bank of Canada 



Fiscal Year Nearest to Calendar Year 



I 1946 



1947 



1948 



1949 



1950 I 1951 



1952 



PROFIT STATISTICS: SUMMARY STATEMENT 



Net operating profit before depreciation*'*. 

Less: Depreciation'^' 

Non-operating income (net) 

Less: Bond interest 



Net income before income tax provision'^'. 
Less: Income tax provision'^' 



Net income to stockholders'" . 

Less: Cash dividends 



Undistributed income'". 



48.4 

12.0 

2.4 

12.3 


46.3 

11.6 

3.1 

11.1 


47.9 

12.5 

3.2 

12.1 


52.4 

14.5 

3.2 

13.8 


60.2 

17.0 

4.0 

14.8 


70.1 

19.2 

3.4 

14.9 


26.5 
11.7 


26.7 
11.3 


26.5 
10.2 


27.3 
11.0 


32.4 
13.5 


39.4 
20.2 


14.8 

11.9 


15.4 

19.6 


16.3 

13.3 


16.3 

13.8 


18.9 

15.6 


19.2 

15.6 


2.9 


-4.2 


3.0 


2.5 


3.3 


3.6 



77.0 

23.4 

3.1 

15.5 

41.2 
20.3 

20.9 

15.9 

5.0 



YEAR-END BALANCE SHEET 



SOURCE AND USE OF 


FUNDS'^' 










Net Source of Funds 

Undistributed income 


2.9 

.4 

1.3 

12.0 


-4.2 

.4 

1.3 

11.6 


3.0 
-.1 

1.4 
12.5 


2.5 

.6 

1.5 

14.5 


3.3 

.2 

1.4 

17.0 


3.6 

.8 

1.2 

19.2 


5.0 


Non-recurring income and expense'^' 


— 1 4 


Non-cash charges'^' '^' 

Depreciation 


1.6 
23.4 






Total Funds From Current Operations 

Funded debt 


16.6 

.7 
.5 
.2 


9.1 
16.3 
29.8 


16.8 

47.2 

4.2 

1.0 

.7 


19.1 
18.3 

4.7 

7.4 

.9 


21.9 
33.0 
10.7 

1.7 


24.8 

17.5 

9.1 

1.0 


28.6 
6.7 


Preferred stock 

Common stock 

Refundable excess profits tax 


5.0 






Total Net Source of Funds 


18.0 


55.2 


69.9 


50.4 


67.3 


52.4 


40.3 


Net Use of Funds 

I nventories 


2.5 
21.3 
-.8 

-.7 


4.1 

29.1 

.8 

3.9 

37.9 
17.3 


1.7 

69.2 

-3.1 

.5 


-.8 

73.6 

.3 

-3.1 


-.1 

57.8 

.8 

-1.7 


1.6 
40.9 

1.2 
-.4 


-.2 


Plant property and equipment 


46.7 


Investment in other companies 

Increase in miscellaneous assets less miscellaneous liabilities 


-1.8 
5.8 


Sub-Total 


22.3 
-4.3 


68.3 
1.6 


70.0 
-19.6 


56.8 
10.5 


43.3 
9.1 


50.5 


Increase in working capital ex. inventories 


-10.2 






Total Net Use of Funds 


18.0 


55.2 


69.9 


50.4 


67.3 


52.4 


40.3 



Net Working Capital and Other Assets 

Cash 

Marketable securities 

Current accounts receivable 



Total Current Assets ex. Inventories. 

Bank loans 

Current accounts payable 

Accrued taxes payable 

Accrued interest and dividends payable 



Total Current Liabilities. 



Net Working Capital ex. Inventories. 

Inventories'" 

Plant, property and equipment (net)"' 

Investment in other companies (net)"' 

Goodwill, franchises, etc 

Refundable portion of excess profits tax 

Miscellaneous assets '"" 



Total 



9.4 

25.8 

8.9 

44.1 

.5 

11.5 

6.3 

4.5 

22.8 

21.3 

8.9 

489.8 

26.0 

20.7 

4.4 

24.1 

595.2 



9.8 
45.0 
10.2 

65.0 

.7 

13.9 

6.3 

5.5 

26.4 

38.6 
13.0 
509.3 
26.8 
20.2 
4.4 
26.9 

639.2 



20.8 
39.2 

11.5 

71.5 

1.3 

17.3 
6.9 
5.8 

31.3 

40.2 
14.7 
566.1 
23.7 
20.2 
3.6 
26.8 

695.3 



14.3 
24.3 
12.3 

50.9 

1.5 

15.1 

7.4 

6.3 

30.3 

20.6 
13.9 
625.3 
24.0 
20.1 
2.7 
24.6 

731.2 



13.1 
36.6 
13.7 

63.4 

1.6 
16.5 

7.5 
6.7 

32.3 

31.1 
13.8 
666.3 
24.8 
20.1 
1.0 
22.0 

779.1 



12.3 
45.6 
16.1 

74.0 

.8 

19.2 

6.9 

6.9 

33.8 

40.2 
15.4 
681.1 
26.0 
20.1 

23.4 

806.2 



10.9 
41.3 
17.6 

69.8 

2.4 

21.5 

8.9 

7.0 

39.8 

30.0 
15.2 
708.1 
23.4 
19.5 

21.1 

817.3 



Shareholders' Equity, Funded Debt & Other Liabs. 

Preferred stock outstanding 

Common stock outstanding 

Earned surplus and surplus reserves'"' 



Shareholders' Equity 

Funded debt"'' 

Loans from parent companies and other sources (net). 
Miscellaneous liabilities'"' 



Total 



46.1 

210.1 

41.3 

297.5 

293.7 

2.5 

1.5 

595.2 



75.9 

210.1 

38.3 




639.2 



80.4 

211.1 

40.7 

332.2 

360.0 

-1.4 

4.5 

695.3 



85.5 

218.5 

43.0 

347.0 

379.2 

-.3 

5.3 

731.2 



96.2 

218.8 

46.2 

361.2 

411.2 

.1 

6.6 

779.1 



105.5 

218.8 

43.9 

368.2 

429.8 

.5 

7.7 

806.2 



111.0 

218.8 

45.0 

374.8 

437.1 

.5 

4.9 

817.3 



(1) There were no inventory reserves to be deducted. 
Note; For other footnotes see page 196. 



NOVEMBER 1953 



212 



X— EMPLOYMENT AND LABOUR INCOME 





Civilian Labour ForceCD 




Employment IndexesMC) 


ManutacturingW) (8) 








With Jobs 
(Incl. Agriculture) 


Without 
Jobs 


Of which 

Employed 

in 


(5) 

Armed 
Forces 






Con- 
struction 


Average 


Average 
Hourly 
Earnings 


Monthly 

Labour 

Income 

WdO) 




Total 


At Work 


At Work (2) 


and 


facturing 


Mining 


Weekly 






35 or More 


Less than 


Seeking 












Hours 










Hours 


35 Hours 


Work (3) 
























Thousands of Persons 






Index 1939=^100 


Number 


Cents 


Millions $ 


Annual Average 


























1948 


4,954 


4,279 


573 


102 


1,088 


36 


176.0 


103.4 


153.8 


42.2 


91.3 


597 


1949 


5,036 


4,329 


576 


131 


1,074 


43 


175.9 


106.4 


161.2 


42.3 


98.6 


647 


1950'^' 


5,157 


4,369 


621 


167 


1,018 


51 


177.5 


112.2 


165.0 


42.3 


103.6 


693 


1951 


5,231 


4,467 


656 


108 


943 


77 


190.0 


117.7 


177.6 


41.8 


116.8 


806 


1952 


5,304 


4,562 


613 


129 


888 


97 


192.4 


124.3 


192.8 


41.5 


129.2 


895 


Monthly 


























1952-Sept. 


* 


* 


* 


* 


* 


* 


198.5 


127.2 


224.7 


41.6 


129.5 


931 


Oct. 


* 


* 


* 


* 


* 


* 


200.8 


126.4 


223.4 


42.1 


129.9 


946 


Nov. 22 


5,290 


4,680 


496 


114 


795 


100 


199.8 


125.9 


213.4 


42.1 


131.0 


952 


Dec. 13 


5,276 


4,558 


586 


132 


782 


100 


199.6 


124.6 


202.5 


42.5 


132.1 


942 


1953-Jan. 24 


5,200 


4,523 


490 


187 


770 


103 


196.3 


122.6 


174.8 


38.3 


134.0 


928 


Feb. 21 


5,194 


4,518 


497 


179 


768 


104 


197.6 


122.5 


159.8 


41.9 


134.2 


920 


Mar. 21 


5,192 


4,534 


486 


172 


799 


104 


199.5 


121.7 


153.6 


42.1 


134.4 


924 


Apr. 18 


5,241 


4,645 


431 


165 


833 


105 


200.1 


120.6 


156.8 


42.1 


134.9 


949 


May 16 


5,321 


4,720 


487 


114 


887 


105 


200.8 


120.6 


175.5 


41.8 


135.5 


969 


June 20 


5,387 


4,888 


409 


90 


900 


105 


201.6 


121.3 


189.9 


41.7 


135.9 


979 


July 18 


5,515 


4,807 


618 


90 


993 


105 


203.5 


122.8 


202.2 


41.3 


136.2 


986 


Aug. 22 


5,507 


4,820 


595 


92 


964 


106 


203. Ot 


124. Of 


215.0t 


41.0 


136.0 


993 


Sept. 19 


5,398 


4,896 


418 


84 


898 


106 


204.4** 


121.3** 


220.5** 


41.0 


135.7 


1,012 


Oct. 24 


5,351 


4,830 


410 


111 


827 


107 








41.5** 


136.7** 





Sources: Dominion Bureau of Statistics, Dept. of National Defence. 

(1) Estimates based on a sample of about 30.000 households and therefore 
subject to sampling error which is relatively larger the smaller the estimate. 
Figures for 1953 are not strictly comparable with earlier data because of 
small downward revisions in the population estimates based on 1951 census 
details. Annual figures are averages of 4 surveys. Nfld. is excluded prior to 
1950; 1950 averages for it were: "With Jobs" 93, "Without Jobs" 14. 
Figures after months are dates of ends of survey weeks. 

(2) Includes persons who, though having jobs, neither worked nor sought work. 

(3) Includes persons who, though having jobs, did not work but sought work 
and those who would have sought work but were temporarily ill, on 
indefinite or prolonged lay-off, or believed no work was available. 



(i) 



Includes an estimate of labour force figures for June 1950 for Manitoba 
which was not covered because of floods. 
Annual figures are averages for labour force survey dates. 
.As reported by employers usually having 15 or more employees. Dated 
first of month and covering last pay period in previous month. 
Include salaried and part-time workers; exclude Newfoundland. 
Include hourly-rated wage earners only; include Nfld. commencing in 1950. 
Gross earnings before deductions for taxes, unemployment insurance, etc. 
(10) Includes bonuses and commissions, food, clothing, shelter and contributions 
to insurance, pensions, etc. provided by employer. Includes Newfoundland 
commencing in 1949. 
Not available. ** Preliminary. t Revised. 



(5) 
(6) 

(7) 
(8) 
(9) 



1935-39 = 100 



XI— VOLUME OF INDUSTRIAL PRODUCTION 
INDEXES NOT SEASONALLY ADJUSTED 

"Canadian Statistical Review", Dominion Bureau of Statistics 



(1) 





Total 


Mining 


Manufacturing 


Electricity 

AND 

Manufactured 




Total 


Non- 


Durables 










Durables 




Gas 


Weighting 


100.0 


16.8 


75.6 


46.1 


29.5 


7.6 


Annual Average 














1935 


85.6 


79.5 


86.5 


89.0 


82.7 


90.4 


1937 


108.0 


103.8 


109.3 


106.7 


113.2 


105.1 


1939 


109.7 


118.0 


108.1 


108.2 


107.9 


107.5 


1945 


187.2 


100.9 


209.8 


176.3 


262.1 


152.1 


1947 


187.8 


106.2 


207.7 


191.2 


233.5 


169.3 


1948 


196.3 


122.2 


215.5 


197.1 


244.4 


168.6 


1949 


199.6 


131.7 


217.0 


198.2 


246.3 


176.1 


1950 


211.5 


145.4 


228.1 


208.3 


259.1 


190.9 


1951 


226.5 


161.8 


242.1 


214.0 


285.9 


214.2 


1952 


232.9 


174.7 


246.3 


215.2 


294.8 


228.8 


Monthly 














1952— Aug. 


234.2 


183.0 


247.6 


221.8 


287.9 


214.2 


Sept. 


244.1 


197.5 


256.5 


224.9 


306.0 


223.1 


Oct. 


248.1 


198.7 


260.4 


228.1 


310.8 


235.1 


Nov. 


248.1 


184.5 


203.5 


232.4 


312.2 


235.3 


Dec. 


235.7 


173.3 


248.9 


213.4 


304.5 


241.4 


1953— Jan. 


232.1 


164.6 


245.6 


203.4 


311.6 


246.7 


Feb. 


242.0 


162.6 


258.3 


214.3 


327.0 


254.4 


Mar. 


246.8 


160.2 


265.6 


221.8 


334.1 


251.0 


Apr. 


254.5 


175.5 


270.8 


227.8 


337.9 


266.3 


May 


254.7t 


180.4 


271.6t 


230.3 


336.3t 


250.0 


June 


257.5 


196.3 


273.3 


231.9 


338.1 


235.7 


July 


247.0t 


206. 5t 


258.4t 


219.5t 


319.3t 


223.4 


Aug. 


248.2t 


200. 8t 


261. 7t 


230. 2t 


311.lt 


218.4t 


Sept. 


255.0* 


210.1* 


267.9* 


234.4* 


320.3* 


225.5* 



(1) Refer to D.B.S. Reference Paper No. 34 "Revised Index of Industrial Production, 1935-1951," for background material. 



t Revised. 



* Preliminary. 



213 



Millions of Dollars 



NOVEMBER 1953 



NOVEMBER 1953 



XII— NATIONAL ACCOUNTS: QUARTERLY 1949-1953" 

DATA NOT SEASONALLY ADJUSTED 

Dominion Bureau of Statistics 



NATIONAL INCOME AND GROSS NATIONAL PRODUCT 

Wages, salaries and supplementary labour income 

Military pay and allowances 

Investment income 

Net income of unincorporated business: farm''' 

other'" 

Net National Income At Factor Cost 

Indirect taxes less subsidies 

Depreciation and similar business costs'^' 

Residual error of estimate 

Gross National Product At Market Prices 

G.N. P. less accrued net income of farm operators 

GROSS NATIONAL EXPENDITURE 

Personal expenditure on consumer goods and services 

Government expenditure on goods and services'^' 

Gross domestic investment'^': housing 

non-residential construction 

machinery and equipment 

change in inventories: business"' 

other"'. 

Exports of goods and services'^"^' 

Gross Available Supply 

Less: Imports of goods and services'^' 

Residual error of estimate 

Gross National Expenditure At Market Prices 

GROSS NATIONAL EXPENDITURE IN CONSTANT (1949) DOLLARS 

Personal expenditure on consumer goods and services 

Government expenditure on goods and services'^' 

Gross domestic investment'^' : housing 

non-residential construction 

machinery and equipment 

change in inventories; business 

other 

Exports of goods and services""" 

Gross Available Supply 

Less: Imports of goods and services'^' 

Residual error of estimate !.!!!!!!! 

Gross National Expenditure At Market Prices 

PERSONAL INCOME AND EXPENDITURE 

Wages, salaries and supplementary labour income 

Less: Social insurance and Government pension fund contributions'"". 

Military pay and allowances ' ' 

Net income of unincorporated business"" 

Interest, dividend and net rental income of persons"" 

Transfer payments to persons"" 

Personal Income 

Less: Personal direct taxes'"' 

Personal Disposable Income 

Expenditure on goods: non-durables 

durables ! ! ! ! ! 

Expenditure on services (including net expenditure abroad) 

Personal saving: in farm inventories 

other 



1949 



1,843 

26 

554 

96 

293 



2,812 

441 
323 



3,570 

3,474 



1,911 

30 

566 

192 

351 



III 



3,050 

449 
341 
-10 



3,830 

3,638 



979 
364 



4,015 

466 
375 
-1-32 



4,888 

3,909 



IV 



2,011 

29 

679 

237 

361 



1950 



3,317 

474 
398 
-15 



4,174 

3,937 



1,915 
32 

586 
63 

293 



2,889 

453 
369 



3,711 

3,648 



2,023 

30 

730 

192 

364 

3,339 

484 
395 
+ 13 

4,231 

4,039 



III 



2,138 
36 

979 
1,070 

387 



4,610 

514 
418 
-82 

5,460 

4,390 



IV 



2,235 
39 



178 
400 



3,712 

567 
454 
+68 



4,801 

4,623 



2,218 
41 



132 
334 



3,590 

590 
433 

+6 



4,619 

4,487 



2,376 
48 

1,012 
328 
384 



4,148 

575 
463 
-45 



5,141 

4,813 



III 



2,500 
54 

937 
1,416 

387 



5,294 

645 
476 
-16 



6,399 

4,983 



IV 



2,582 

58 

828 

230 

398 



4,096 

658 
517 
+20 



5,291 

5,061 



214 



Millions oj Dollars 



1952 



2,540 

60 

799 

152 

306 



3,857 

637 
476 
+ 15 



4,985 

4,833 



2,611 
67 



110 
392 



4,149 

657 
509 
+20 



5,335 

5,225 



III 



2,752 



6,892 

5,453 



IV 



2,840 

74 

905 

233 

423 



4,475 

701 
558 
+65 



5,799 

5,566 



1953* 



Four Quarters ending 



2,772 
70 

849 
61 

350 

4,102 

682 
521 
+22 

5,327 

5,266 



2,896 
77 

1,009 
168 
418 



10,233 

239 

3,533 

1,908 

1,483 



17,396 

2,597 
1,978 
+39 



22,010 

20,102 



2,401 
505 
140 
183 
331 
+225 
-237 
877 



2,752 
433 
206 
214 
370 
+44 
-128 
1,022 



2,706 
596 
207 
257 
310 
+71 
+666 
1,044 



3,104 
594 
189 
249 
312 
-21 
-389 
1,068 



2,616 
591 
140 
189 
324 
+ 120 
-227 
852 



2,972 

460 

204 

243 

383 

+ 187 

-101 

1,045 



3,008 
625 
233 
305 
342 
+88 
+791 
1,124 



3,433 

650 

224 

289 

340 

+374 

-272 

1,162 



3,042 

718 

165 

238 

415 

+478 

-197 

1,024 



3,302 

630 

222 

306 

495 

+607 

-111 

1,209 



3,231 
941 
208 
371 
437 

+242 
-1,021 

1,416 



3,722 
923 
186 
345 
422 
-60 
-360 
1,440 



3,219 

1,082 

130 

284 

425 

-10 

-163 

1,238 



3,575 
857 
206 
358 
547 
-9 
-218 
1,411 



3,487 

1,090 

229 

433 

452 

+ 47 

+ 1,103 

1,428 



4,053 

1,187 

238 

401 

435 

-79 

-393 

1,504 



4,425 

862 

+7 



4,913 

1,092 
+9 



5,857 

936 
-33 



5,106 

947 
+ 15 



4,605 

895 

+1 



5,393 

1,149 
-13 



6,516 

1,137 
+81 



6,200 

1,332 
-67 



5,883 

1,259 
-5 



6,660 

1,563 
+44 



7,867 

1,484 
+16 



6,618 

1,307 
-20 



6,205 

1,205 
-15 



6,727 

1,372 
-20 



8,269 

1,357 
-20 



7,346 

1,483 
-64 



3,570 



3,830 



4,888 



4,174 



3,711 



4,231 5,460 



4,801 



4,619 



5,141 



5,291 



4,985 



5,335 



6,892 



5,799 



3,451 

1,185 

198 

288 

480 

+ 138 

-215 

1,159 

6,684 

1,335 
-22 

5,327 



3,785 

887 

278 

370 

546 

+209 

-194 

1,408 



13,747 
3,803 
730 
1,358 
1,831 
+ 163 
+280 
5,505 



7,289 

1,595 
+88 



27,417 

5,368 
-39 



22,010 



2,423 
500 
139 
181 
331 
+125 
-255 
854 



430 
206 
214 
374 
+33 
-169 
1,020 



2,701 
602 
207 
260 
313 
+42 
+704 
1,067 



3,073 
596 
190 
248 
305 
-45 
-362 
1,070 



2,588 
566 
140 
185 
314 
+86 

-223 
840 



2,917 

446 

200 

233 

369 

+ 100 

-156 

1,014 



2,901 
598 
218 
288 
323 
-44 
+898 
1,073 



3,239 

606 

202 

264 

311 

+233 

-303 

1,107 



2,765 
623 
143 
210 
364 
+215 
-201 
919 



2,909 

542 

185 

262 

421 

+403 

-141 

1,057 



2,778 
792 
171 
309 
365 

+ 167 
+1,125 

1,215 



3,141 

770 

1.51 

280 

349 

-120 

-448 

1,227 



2,728 
897 
105 
226 
354 
-22 
-212 
1,051 



3,069 
718 
167 
284 
460 
+32 
-312 
1,229 



2,983 
906 
186 
343 
385 
+65 
+1,354 
1,266 



3,461 
972 
191 
311 
370 
-86 
-428 
1,337 



4,298 

856 

+7 



4,874 

1,095 
+9 



5,896 

953 
-33 



5,075 

933 

+ 15 



4,496 

857 

+ 1 



5,123 

1,086 
-13 



6,255 

1,056 
+78 



5,659 

1,211 
-64 



5,038 

1,077 
-5 



5,638 

1,279 
+39 



6,922 

1,235 

+14 



5,350 

1,110 
-17 



5,127 

1,044 
-13 



5,647 

1,246 
-17 



7,488 

1,256 
-17 



6,128 

1,361 
-53 



3,449 



3,788 



4,910 



4,157 



3,640 



4,024 5.277 



4,384 



3,956 



5,701 



4,223 



4,384 



6,215 



4,714 



2,950 

968 

158 

219 

404 

+ 135 

-235 

1,007 

5,606 

1,221 
-18 

4,367 



3,255 

726 

220 

281 

455 

+ 173 

-318 

1,245 



11,716 
3,177 
594 
1,099 
1,528 
+57 
+ 153 
4,722 



6,037 

1,447 
+73 



23,046 

4,635 
-33 



4,663 



18,378 



1,843 

60 

26 

363 

281 

272 



1,911 

58 

30 

741 

272 

233 



1,996 

60 

30 

1,331 

276 

234 



2,011 

61 

29 

534 

328 

255 



1,915 

59 

32 

349 

294 

313 



2,023 

60 

30 

538 

320 

261 



2,725 

228 



3,129 

287 



3,807 

127 



3,096 

147 



2,497 



2,842 



3,680 



2,949 



2,844 

180 

2,664 



1,435 

213 

753 

-162 

+258 



1,683 
289 
780 
-20 

+ 110 



1,707 

267 

732 

+474 

+500 



1,974 

315 

815 

-364 

+209 



1,507 

280 

829 

-142 

+ 190 



2,138 

67 

36 

1,404 

322 

253 

4,086 

165 



2,897 i^921^ 

1,832 

349 

827 

+693 

+220 



3,112 

215 



2,235 

70 

39 

555 

359 

254 

3,372 

180 



2,218 

75 

41 

463 

324 

310 



2,376 

76 

48 

760 

358 

253 



2,500 

82 

54 

1,746 

348 

257 



2,582 

80 

58 

676 

390 

262 



2,540 

82 

60 

459 

376 

393 



2,611 

83 

67 

467 

395 

337 



2,752 

83 

69 

1,778 

372 

347 



2,840 

88 

74 

727 

397 

348 



3,281 

220 



3,719 

302 



4,823 

237 



3,192 



3,061 



3,417 



4,586 



3,888 



3,619 



3,746 

312 



3,794 

367 



5,235 

307 



4,298 

334 



3,434 



3,427 



4,928 



3,964 



1,759 
346 
867 
-20 
-55 



2,143 

368 

922 

-400 

+ 159 



1,701 

390 

951 

-129 

+ 148 



1,940 

385 

977 

-69 

+184 



1,999 

295 

937 

+ 1,025 

+330 



2,376 
312 
1,034 
-473 
+370 



1,856 
306 
1,057 
-150 
+365 



2,041 
435 
1,099 
-215 
+67 



2,087 

368 

1,032 

+ 1,050 

+391 



2,486 
423 
1,144 
-447 
+358 



2,772 

90 

70 

384 

393 

431 

3,960 

354 

3,606 

1,900 
412 
1,139 
-239 
+394 



90 

77 

604 

420 

354 



10,233 

327 

239 

3,348 

1,509 

1,249 



4,261 

416 



16,251 

1,185 



3,845 



15,066 



2,124 
500 
1,161 
-119 
+ 179 



8,272 
1,348 
4,127 
+ 187 
+ 1,132 



(1) Quarterly figures are available back to the beginning of 1947. Tlie sources 
are tite D.B.S. publications; "National Accounts. Income and Expendi- 
ture, By Quarters. 1947-1952" and "National Accounts, Income and 
lixpenditure. First and Second Quarters. 1953". 

(2) Accrued net income of farm operators from farm production. This item 
mcludes the undistributed earnings of the Canadian Wheat Board and 
an inventory valuation adjustment for grain held by the Board. 

(3) Includes net income of independent professional practitioners. 

(4) Includes an estimate of capital outlay charged to current account, the 
claim portion of fire insurance premiums, and bad debt allowances. 



(5) Includes expenditure by Federal, Provincial and Municipal governments 
Capital^ expenditure by government bodies other than public business 
enterprises, changes in inventories of government commodity agencies 
and the Defence Production Revolving Fund are included in this item 
However, shipments under NATO of previously produced military 
equipment are excluded but expenditure for the replacement of new 
equipment is_ included. 

(6) Includes capital expenditure by government business enterprises. 

(7) Change in business inventories is the change in the book value. Change 
m other inventories" is the value of the physical change in grain in 
commercial channels and inventories on farms. 



(8) Excludes exports financed by Government of Canada expenditure on 
Mutual Aid and foreign relief. „ „ , ^ i . 

(9) Minor adjustments have been made by D.B.S. to the figures of current 
receipts and payments as shown in the "Canadian Balance of Inter- 
national Payments" to achieve consistency with National Accounts 
concepts. 

(10) Includes both employer and employee contributions. , _ , , _ . ,. , 

(11) This item differs from the corresponding component of G.N.P. in that 
it excludes undistributed earnings (and inventory valuation ad)ustment) 
of the Canadian Wheat Board. 



(12) Includes all government debt interest paid to persons. 

(13) Includes transfer payments made by governments (except interest paid 
on transfer portion of the public debt), charitable donations from cor- 
porations and net bad debt losses of tiie corporations. In the G.r>J.P. 
account the titter are included in tlie item "Depreciation and bimilar 
Business Costs" and amounted to an average of $6 millions per quarter 
over the last 18 quarters. 

(14) Includes succession duties and miscellaneous taxes as well as personal 
income taxes. 

♦ Preliminary. 



215 



Millions of Dollars 



NOVEMBER 1953 



NOVEMBER 1953 



XII— NATIONAL ACCOUNTS: QUARTERLY 1949-1953' 

SEASONALLY ADJUSTEj) AT ANNUAL RATES"" 
Dominion Bwgau of Statistics 



216 



Millions of Dollars 



GROSS NATIONAL PRODUCT 

Wages, salaries and supplementary labour income 

Military pay and allowances 

Investment income 

Net income of unincorporated business: farm^^^ 

other'=' 

Net National Income At Factor Cost 

Indirect taxes less subsidies 

Depreciation and similar business costs'^* 

Residual error of estimate 

Gross National Product At Market Prices 

G.N. P. less accrued net income of farm operators 

GROSS NATIONAL EXPENDITURE 

Personal expenditure on consumer goods and services 

Government expenditure on goods and services*'' 

Gross domestic investment*^': housing 

non-residential construction. . . . 

machinery and equipment 

change in inventories: business*' 

other"'.. 

Exports of goods and services'" *" 

Gross Available Supply 

Less: Imports of goods and services 

Residual error of estimate 

Gross National Expenditure At Market Prices. . 

PERSONAL INCOME AND EXPENDITURE 

Wages, salaries and supplementary labour income 

Less: Social insurance and Govt, pension fund contributions'"" 

Military pay and allowances 

Net income of unincorporated business''^' 

Interest, dividends and net rental income of persons'"' 

Transfer payments to persons'"' 

Personal Income 

Less: Personal direct taxes"" 

Personal Disposable Income 

Expenditure on goods: non-durables 

durables 

Expenditure on services (including net expenditure abroad). . ' 

Personal saving: in farm inventories 

other 



1949 



7,668 
104 
2,460 
1,468 
1,384 

13,084 

1,828 
1,380 
-f60 

16,352 

14,884 



7,700 
120 
2,400 
1,448 
1,372 

13,040 

1,792 
1,428 
+ 168 

16,428 

14,980 



III 



7,728 
120 
2,396 
1,408 
1,364 

13,016 

1,860 
1,464 



16,332 

14,924 



IV 



7,948 
116 
2,524 
1,692 
1,356 

13,636 

1,840 
1,476 
-216 

16,736 

15,044 



1950 



7,940 
128 
2,632 
1,408 
1,368 

13,476 

1,888 

1,588 

-4 

16,948 

15,540 



III 



8,160 
120 
2,744 
1,416 
1,440 

13,880 

1,936 
1,644 
-f212 



17,672 18,444 

16,256 16,896 



8,332 
144 
3,540 
1,548 
1,460 

15,024 

2,076 
1,628 
-284 



IV 



8,812 
156 
3,704 
1,640 
1,508 



15,820 

2,172 
1,684 
+72 



19,748 

18,108 



1951 



9,168 
164 
3,876 
1,892 
1,564 

16,664 

2,452 
1,852 
-36 

20,932 

19,040 



192 
3,860 
2,460 
1,508 

17,660 

2,324 
1,924 
-28 

21,880 

19,420 



III 



9,736 
216 

3,404 
2,076 
1,444 

16,876 

2,588 
1,864 
+52 

21,380 

19,304 



IV 



10,160 

232 

3,428 

1,996 

1,496 

17,312 

2,508 
1,916 
-128 

21,608 

19,612 



10,492 

240 

3,620 

1,996 

1,428 

17,776 

2,664 
2,032 
+32 

22,504 

20,508 



10,552 

268 

3,648 

1,708 

1,540 

17,716 

2,612 
2,120 
+220 

22,668 

20,960 



III 



10,704 

276 

3,612 

1,748 

1,516 

17,856 

2,788 
2,064 
+228 

22,936 

21,188 



IV 



1953* 



11,224 

296 

3,784 

2,284 

1,604 

19,192 

2,684 
2,064 

-4 

23,936 

21,652 



11,452 

280 

3,804 

1,620 

1,632 



18,788 

2,868 
2,236 
+36 



23,928 

22,308 



11,696 

308 

3,764 

1,700 

1,644 

19,112 

2,980 
2,328 
-200 

24,220 

22,520 



10,528 

1,920 

740 

892 

1,364 

+724 

+92 

4,008 

20,268 

3,856 



16,352 



11,016 
2,124 
740 
896 
1,316 
+260 
+ 120 
4,060 

20,532 

3,936 
-168 

16,428 



11,024 
2,232 
744 
908 
1,320 
+236 
-244 
3,900 

20,120 

3,796 
+8 

16,332 



11,28