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Full text of "Statistics of income, preliminary"

GOVDOC 






BOSTON PUBLIC LIBRARY 



: 3^^/95-7-^^ 



3 9999 063 



5 978 2 



JISTICS OF INCOME 



1957-58 



^ BOSTON PUBLIC LSBRARV^ 
GOVERNMENT DOCUMENTS DEPARTMENT 
RECEIVED 




• SOLE PROPRIETORSHIPS 

• PARTNERSHIPS 

• CORPORATIONS 

with accounting periods ended 
July 1957-June 1958 



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OCBlDEfilk COLLEGE 
\pfK 7 i960 

ubrAry 



U.S. TREASURY DEPARTMENT • INTERNAL REVENUE SERVICE 



v^rTT-^.-ic-i^iy '^-jc*^ 0'??^isrroKY 



Statistics of Income / 1957-58 



• Sole Proprietorships 

• Partnerships 



Corporations 



U.S. Business 



TAX RETURNS 




Prepared under the direction of the 
Commissioner of hiternai Revenue 
by the Statistics Division 



U.S. TRE.\SL•R^- DEP.\R1ME.\1- • IXTKRNAL REVE.XUE SER\ICE 
Publication No. 438 (1960) 



UNITED STATKS 

GOVEKNINIENT PKINTING OFFICE 

WASHINGTON : 1960 



For .air l.y the Superinton<l.nl of Dociim.nt-, U.S. Government Printing Offiee, Washington 25, D.C. - Price 35 cents (paper cover) 



LETTER OF TRANSMITTAL 



Treasury Department, 
Office of Commissioner of Internal Revenue, 

V/ashington, D. C, February 10, 1960. 

Sir: I am transmitting the U. S. Business Tax Returns in the 
Statistics of Income series for 1957-58. 

The purpose of this report is to present, in one volume, sionraiary 
information for sole proprietorships, partnerships, and corporations. 
The soviTce data are returns and schedules filed for accounting periods 
ended July 1957 through June 1958. 

Sole proprietorship and partnership data will not be published else- 
where for this income year. However, numerous tables covering addi- 
tional topics from the corporation returns are contained in the complete 
report. Statistics of Income- 1957 -58 , Corporation Income Tax Returns. 

This is the first publication of U. S. Business Tax Returns. A 
more detailed report is planned for income year 1958-1959. 
Respectfully, 



Dana Latham. 
Commissioner of Internal Revenue. 

Honorable Robert B. Anderson, 
Secretary of the Treasury. 

Ill 



CONTENTS 



BUSINESS TAX RETURNS, 1957-58 



Page 



Profits 1 

Receipts 2 

Growth 2 

Sources of the Data 3 

Industrial Classification U 

Description of the Sample and Limitations of the Data ^ 



TABLES 

Sole proprietorships: 

1. Number, business receipts, net profit, and net loss, by 

industrial group 7 

2. By size of business receipts: 

Number, business receipts, and net profit, by industry. . 8 

3. Number, by size of net profit, by industry 10 

Active partnerships : 

U. Number, business receipts, gross profit, net profit, and 

net loss , by industrial group 11 

5. By size of business receipts: 

Number, business receipts, gross profit, and net profit, 

by industry 12 

6. Number, by size of net profit, by industry 13 

Active corporations : 

7- Number of returns, business receipts, gross profit, net 

income, and deficit, by industrial group 14- 

8. By size of total assets: 

Number of returns, business receipts, gross profit, net 

income, and deficit, by industry 15 

9. Number of returns, by size of net income or deficit, by 

industry 17 



RETURNS AND SCHEDULES USED, 195 7 

Form 1040, Sole Proprietorships: 

Schedule C, Profit (or Loss) from Business or Profession, pp. 1 

and 3 20 

Schedule F, Farm Income and Expenses, p . 1 22 

Form 1065: U. S. Partnership Return of Income, p. 1 23 

Form 1120: U. S. Corporation Income Tax Return, pp. 1-4 24 



IV 



U.S. BUSINESS TAX RETURNS, 1957-58 



This report marks the beginning of annual tabulations for unincor- 
porated businesses engaged in all types of business activity. Not only 
are income data for sole proprietorships and partnerships assembled in 
one volume, but also, for convenience, there are included certain cor- 
porate statistics, summarized from the more detailed tables in the com- 
plete report. Statistics of Income, 1957-58, Corporation Income Tax 
Returns- For subsequent years, a U. S. Business Tax Returns volume will 
be prepared by the Internal Revenue Service and sold by the Superintend- 
ent of Documents, Government Printing Office, Washington 25, D. C. 

Represented are about 10,650,000 business organizations. Sole pro- 
prietorships number 8,738,000, partnerships 971,000, and corporation 
returns 940,000. The number of active corporations is somewhat higher 
than the 940,000 returns shown herein, as data for an additional 13,500 
subsidiary companies are included (and cannot be identified separately) 
in the consolidated tax returns filed for affiliated groups of companies . 

If the reader is interested in "small" business, he may wish to 
combine the material for over 9,700,000 sole proprietorships and part- 
nerships with that for the smaller corporations, such as the 821,000 
corporation returns in table 8 with total assets under $1,000,000. 

A few important items are emphasized in this report: Number, busi- 
ness receipts, and net profit or net income. Also, for partnerships 
and corporations, gross profit is tabulated. Nine tables are presented — 
three each for sole proprietorships, partnerships, and corporation 
returns. The first table for each of these three forms of organization 
(tables 1, 4, and 7) contains rather detailed industrial groups. The 
second table in each set (tables 2, 5, and 8) presents a significant 
gross size classification — sole proprietorships and partnerships are 
classified by size of business receipts and corporation returns by size 
of total assets. The third table in each set (tables 3, 6, and 9) pre- 
sents a frequency by size of net profit or income. The data in the se- 
cond and third set of tables are also classified by industry. 



PROFITS 

Eight out of ten unincorporated businesses re- 
ported a net profit and six of every ten corporation 
returns showed a net income for the income year 
1957-58. For unincorporated businesses, there were 
7, 874-, 000 with net profits totaling $32 billion and 
1,835,000 with net losses of $3.5 billion. For re- 
turns of active corporations, there were 573,000 
with net incomes equaling $49 billion and 367,000 
with deficits of $4 billion. 

As shown in tables 1, 4, and 7, large amounts of 
profits were reported for certain industries. For 
unincorporated businesses with net profit, the 
3,600,000 engaged in trade and services accounted 
for 58 percent of the $32 billion net profit. For 
active corporations with net income, the 87,600 re- 
turns for manufacturing accounted for 49 percent of 
the $49 billion net income. 

Some industries, notably construction, had a better 
profit record than others . In the construction in- 
dustry, 93 percent of the unincorporated businesses 
showed a net profit. For corporation returns, firms 



engaged in finance, insurance, and real estate had 
the most successful year. In this industry, 64 per- 
cent of the corporation returns showed a net income. 
On the other hand, mining and quarrying was a more 
risky activity. Over half of the corporation returns 
for mining and quarrying showed a deficit. Unincor- 
porated mines and quarries did somewhat better — over 
60 percent had a net profit. 

For all profitable firms, 78 percent reported a 
net profit or income of less than $5,000 (see tables 
3, 6, and 9) . This percentage is influenced by the 
large number of sole proprietorships with relatively 
low profits. Not only did 84 percent of the profit- 
able sole proprietorships have a net profit of less 
than $5,000, but 55 percent had a net profit of less 
than $2,000. Slightly less than half of both part- 
nerships and corporation returns showed a net profit 
or income under $5,000. 

Charts 1, 2, and 3 give the percentage distribu- 
tion of net prof it or income among various industrial 
activities for sole proprietorships, partnerships, 
and corporations . 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



Chart l.-SOLE PROPRIETORSHIP NET PROFIT DISTRIBUTEO BY INDUSTRY 



I 1 OTfier 

tivities ~| 



Finance . insurance. 




Construct ion 



Retail and 

26* wholesale trade. 



Chart 2 -PARTNERSHIP NET PROFIT DISTRIBUTED BY INDUSTRY 



Construction 



Manufactur ing 



Retail and 
wholesale trade 




F i nance , i nsurance 
real estate 



BUSINESS RECEIPTS 

Receipts from business activity aggregated $931 
billion for 1957-58. As would be expected, a large 
portion, $685 billion, was reported on active cor- 
poration returns . The receipts of manufacturing and 
trade, reported on ■44-'4,000 returns, comprised 81 
percent of the coiporate business receipts. Trade is 
also an important activity in the sole proprietor- 
ship and partnership areas . Over half of the $24-6 
billion business receipts of unincorporated busi- 
nesses was applicable to trade. 

By far the largest number of businesses was in the 
agriculture, forestry, and fishery group, which is 
predominantly farming and related activities . Of 
the 3,614-, 000 businesses in this group, 3,4-53,000 
were sole proprietorships with business receipts of 
nearly $24 billion. 

Table A contains a summary of the receipts of U. S. 
businesses, for eight broad industry categories. 
Tables 2 and 5 for unincorporated businesses present 
receipts for 22 more detailed industries, classified 
by size of business receipts. The industrial detail 
in tables 2 and 5 is presented for returns with net 
profit, and returns with net loss are shown in 

Tnble *.— SOLE PROPRIETORSHIPS, PARTNERSHIPS. \KD CORPORATIONS: NUMBER 4ND 
BUSINESS RECEIPTS, BY INDUSTRY, 1957-58 



Sole proprietorships 



Industry 



All industries. 



and 



Agriculture, forestry 
fishery 

Mining and quarrying 

Construction 

Manufacturing 

Tranaportation, coamunica- 
tlon, and other public 
utilities 

Trade 

Finance, inau ranee, real 
estate 

Services 

Nature of business not allo- 
cable 



Number^ 



6,737,665 

3,452,851 

33,075 

598,418 

170,395 



295,561 

,870,401 



425,156 
,825,599 



66,209 



Business 
receipts 
(minor, 

dotl»r») 



162,687 

23,498 
1,164 

13,589 
6,248 



3,683 
39,312 



5,057 
19,533 



602 



Partnerships 



Number^ 



Business 
receipts 

(HUJion 
doll arm) 



970,627 

148,910 
15,383 
65,945 
51,870 



16,873 
331,074 



170,180 
155,230 



15,162 



83,430 

4,323 
1,337 
7,535 
8,237 



1,057 
47,048 



5,253 

8,292 



Corporations 



Number-^ 



Business 
receipts 

(Million 
dollars) 



940,147 

11,833 

12,675 

53, 576 

138,566 



37,763 
305,117 



276,935 
90,597 



13,085 



684,883 

2,858 

11,108 

26,675 

327,539 



54,443 
229,076 



15,668 
17,329 



Number of businesses and farms of sole proprietorships, based on schedules filed 
with individual income tajc returns. 
^Number of active partnerships. 
'Number of retuma filed for active corporations. 
NOTE: Amounts are rounded and may not add Lo total. 



aggregate. Table 8, for active corporation returns, 
presents business receipts classified by the eight 
broad industry categories used for table A. The 
corporate material is classified by size of total 
assets, a significant gross size classification 
available from the complete report. Statistics of 
Income, 1957-58, Corporation Income Tax Returns. 



GROWTH 

Unincorporated businesses increased 29 percent in 
number in the ten- year period 194-7-48 to 1957-58. 
Moreover, the business receipts of sole proprietor- 
ships and partnerships increased 53 percent during 
the same period. For both types of organizations, 
the increase in business receipts for the service 
industries was over 95 percent. The number of 
unincorporated businesses engaged in services in- 
creased 57 percent during the same ten-year period. 
Data for each intervening year in this period are 
not available for sole proprietorships and partner- 
ships. 



Unincorporated business 


Percent Increase, 1947-48 
to 19 57-58 


Number 


Business 
receipts 


Sole proprietorships 

Partnerships 


32 

9 


61 
41 



The number of corporation returns increased 70 
percent from 1947-48 to 1957-58. The business re- 
ceipts of corporations, like those of unincorporated 
business organizations, increased substantially, 94- 
percent, from 1947-4-8 to 1957-58. 

Table B shows the number and the business receipts 
for each type of organization for the three income 
years, 1957-58, 1953-54, and 1947-48. 



U. S. BUSINESS TAX RETURNS. JULY 1957-JUNE 1958 



Table B.— SOLE PROPRIETORSHIPS, PARTNERSHIPS, AND CORPORATIONS: NUMBER AND 
BUSINESS RECEIPTS 1957-58, 1953-54, AND 1947-48 


Form of organization 


Nunberi 


Business receipts 
(mition dotltrm) 


1957-58 


1953-54 


1947-48 


1957-58 


1953-54 


1947-48 


Total 

Sole proprietorships- . . . 
Partnerships 


10,648,439 

8,737,665 
970,627 
940,147 


9,371,078 

7,714,512 
953,591 
697,975 


8,064,969 

6,624,300 
888,862 
551,807 


931,000 

162,687 

83,430 

684,883 


756,898 

143,792 
78,539 
534,568 


514,172 

101,124 

59,253 

353,794 





^HuiDber of businesses and farms of sole proprietorships, based on schedules filed 
with individual income tax returns; number of active partnerships; number of returns 
filed for active corporations, including consolidated returns of affiliated groups. 
NOTE: Amounts are rounded and may not add to total. 
Sources for 1953-54 and 1947-48: 
Sole proprietorships— Statistics of Income for 1953, Part 1, p. 46; Statistics of 

Income for 1947, Part 1, p. 190. 
Partnerships — Statistics of Income, 1953, Partnership Returns, p. 16 and p. 48 

(for 1947). 
Corporations — Statistics of Income for 1953, Part 2, p. 37; Statistics of Income 
for 1947, Part 2, p. 86. 



SOURCES OF THE DATA 

Financial data for this report were obtained from 
returns and schedules filed for income year 1957-58. 
Different terms are used on the returns and sched- 
ules applicable to sole proprietorships, partner- 
ships, and corporations to describe items similar 
in nature. Throughout this report, where such items 
have the same basic definition, one name has been 
employed. An example is "Business receipts." This 
term is used to describe what is labeled total re- 
ceipts on the business schedule of Form 1040, gross 
receipts on Form 1065, and gross sales and gross 
receipts from operations on Form 1120 . 

The tax laws and regulations prescribe varying 
treatment of income and deduction items includable 
in computing sole proprietorship net profit, part- 
nership net profit, and corporation net income. Net 
profit and net income, therefore, are not strictly 
comparable. 

Returns and Schedules Used 

Sole proprietorships. — An individual income tax 
return must be filed by every citizen and resident 
alien who receives $600 or more gross income ($1,200 
if over 65 years of age) and by every person, subject 
to the self-employment tax, who had self-employment 
income of $4-00 or more. Financial data pertaining 
to sole proprietorships were obtained from the bus- 
iness schedule C and the farm schedule F filed with 
the Form 1040. 

Partnerships — Although a partnership is not taxed 
as an entity, it is required to file an information 
return, Form 1065. Each individual partner is taxed 
on his distributive share of the total partnership 
income, whether or not it is actually distributed. 
For Federal income tax purposes, a partnership can 
be a syndicate, joint venture, pool, or other unin- 
corporated organization which carries on any busi- 
ness or venture, and which is not, wi-thin the mean- 
ing of the Internal Revenue Code, a trust, estate, 
or corporation. 

Gjrporation returns. Domestic and resident foreign 

corporations, except charitable and other civic and 
business associations expressly exempt from taxation 
under section 501 of the Internal Revenue Code of 
1954, must file income tax returns, whether or not 
they transacted business during the current year. 
Data on corporations were obtained from returns in 



Chart 3.-C0RP0RMI0N NET INCOME DISTRIBUTED BY INDUSTRY 



I — Retail and wholesale 
trade 




Insurance and 
real estate 



the Form 1120 series filed by active, nonexempt 
corporations. 

Returns and schedules, marked to indicate items 
tabulated, are shown on the following pages: 

Sole proprietorships pp. 20-22 

Partnerships p . 23 

Corporations pp . 24-27 



Number 

Sole proprietorships. — The number of businesses 
operated by single owners. If several business 
schedules are filed with one return, each is clas- 
sified separately according to industrial activity. 
If two or more businesses of the same tjrpe are in- 
cluded, they are processed as one business. Com- 
munity property businesses divided between husband 
and wife for income tax purposes are considered as 
a whole and counted as one business. 

Partnerships The number of active partnerships, 

not the number of partnership returns . Duplicate 
returns, which may have been filed for the same 
partnership, are eliminated. 

Qjrporation returns The number of returns filed 

for active corporations. A group of corporations 
filing a consolidated return is counted as one re- 
turn. 

Business Receipts 

Sole proprietorships Total receipts from sales 

and services, less rebates, returns, and allowances, 
plus other business income. Total receipts do not 
include long- or short-term capital gains or losses, 
nor do they include investment income not associated 
with the taxpayer's business. The business receipts 
are understated by an indeterminable amount since 
receipts were not reported for 329,000 enterprises, 
which did, however, report net profit or loss. 

Partnerships — Gross receipts from sales and serv- 
ices, less rebates, returns, and allowances. 

Corporation returns. — Gross sales plus gross re- 
ceipts from operations, less rebates, returns, and 
allowances . 



U. S. BUSINESS TAX RETURNS, JULY 1957-JUNE 1958 



A sizeable part of the income of corporations and 
partnerships engaged in Finance, insurance, and real 
estate is not reflected in their business receipts 
because reporting instiTictions prescribed separate 
entries for investment income. 

Net Profit (or Loss) 

Sole proprietorships The difference between 

gross profit and total deductions. The amount is 
reported on line 23, page 1, of schedule C and line 
10, schedule F, Form lO'iO. 

Partnerships The difference between gross prof it 

and total deductions. The amount is reported on 
line 25, page 1, Form 1065. In computing partner- 
ship net profit, the deduction for contributions and 
the net operating loss deduction are not allowed. 
For partnerships engaged in Finance, insurance, and 
real estate, ordinary income has been tabulated. 
Ordinary income equals net profit, as defined above, 
plus investment income, income or loss from other 
partnerships, net gain or loss from the sale of 
property other than capital assets, and other income 
received by the partnership. Ordinary income is 
reported on line 33, page 1, Form 1065. 

Long- and short-term capital gains or losses, 
contributions, certain dividend and interest income, 
and other income and deduction items specified by 
the tajc laws or regulations are not included in com- 
putation of partnership income or profit. Instead, 
each partner enters his distributive share of such 
items, under their respective headings, on his in- 
dividual income tax return. 

Net Income (or Deficit) 

Corporation returns All items of taxable income 

less business deductions. The special deductions 
and the net operating loss deduction are not in- 
cluded. Net income is equivalent to line 32, page 
3, Form 1120 and line 15, page 2, Form 1120L and 
line 18, page 1, Form 1120M. 

Businesses with zero net income or prof it were in- 
cluded in the net loss or deficit category. 

Gross Profit 

Partnerships — Business receipts less cost of goods 
sold as reported on line 11, page 1, Form 1065. 

Gsrporation returns. — Business receipts less cost 
of goods sold and cost of operations . 

Gross profit, in aggregate, for both partnerships 
and corporation returns, has been reduced by any 
gross loss reported. 

INDUSTRIAL CLASSIFICATION 

There are eight basic industries, subdivided for 
sole proprietorships and partnerships into 76 
industrial groups. For corporations, the eight in- 
dustries are subdivided into 65 categories that are 
generally comparable to the 76 categories used for 
the other business enterprises. 

The industrial classification used for all 
Statistics of Income reports is based on the 19'+5-4-9 
Standard Industrial Classification issued by the 
Office of Statistical Standards, Bureau of the 



Budget, Executive Office of the President. The 
Standard Industrial Classification, developed to 
classify establishments, was adapted to an ownership 
or legal entity basis. In general, the definitions 
in the Standard Industrial Classification were 
accepted, but certain combinations were appropriate 
in order to present statistics on an ownership basis. 

Each corporation, partnership, and sole proprietor- 
ship is classified according to the business 
activity accounting for the largest percentage of its 
total receipts. Even though a corporation may have 
numerous diversified activities, the data from each 
return must be tabulated for a single activity which 
meets the above definition. Each sole proprietor- 
ship is classified separately according to each 
business schedule. However, two or more businesses 
in the same industry, reported on separate schedules 
by a single taxpayer, are combined as one. Partner- 
ship returns are classified by the major activity 
of the partnership. 

Three variations from the definitions in the 
Standard Industrial Classification, used for the 
Stat istics of Income reports, are: 

(1) Public utilities — Radioand television broad- 
casting is classified as a public utility (Communi- 
cations) rather than as a service. 

(2) Wholesale trade. — Commission merchants are 
distinguished from other kinds of wholesalers in 
the corporation industrial categories. For Statis- 
tics of Income, the group. Commission merchants, in- 
cludes all types of corporations principally engaged 
in commission or fee wholesaling — such as agents, 
brokers, manufacturers' agents, selling agents, 
purchasing agents, assemblers of farm products, and 
auction houses. If their commissions are equal to 
10 percent or more of their regular sales, corpora- 
tions combining commission and regular wholesaling 
are also included. 

For sole proprietorships and partnerships, com- 
mission merchants are presented with wholesalers 
other than those trading in farm products or food. 

(3) Holding and other investment companies.— These 
companies are defined as those reporting dividends 
as the largest single item of income and with divi- 
dends, interest, and capital gains constituting 50 
percent or more of total receipts . Corporations 
not meeting these criteria may be included in the 
industrial group. Credit agencies other than banks. 



DESCRIPTION OF THE SAMPLE AND LIMITATIONS 
OF THE DATA 

Data presented in this report are based on a 
stratified systematic sample of returns and sched- 
ules filed for the income year 1957-58, covering 
accounting periods ended July 1957 through June 
1958. 

Over half of the corporation returns with a full 
12-month accounting period were filed on a calendar- 
year basis. Net income, as reported by those with 
accounting period ended December 1957 was nearly 
$38 billion, compared with slightly over $11 billion 
reported by all other corporation returns. The 
overwhelming majority of sole proprietorships and 
most of the partnerships filed calendar- year returns. 



U. S. BUSINESS TAX RETURNS. JULY 1957- JUNE 1958 



Statistics were obtained from returns of active 
corporations and partnerships . An active corpora- 
tion or partnership, for purposes of Statistics of 
Income, is one for which at least one Income or 
deduction item Is reported on the return form. The 
returns of inactive partnerships and corporations 
which were excluded constituted less than 3 percent 
of the total number of partnerships and corporation 
returns . In addition, data from returns of organi- 
zations exempt from tax, filing return forms in the 
990 series, were not included in the corporation 
statistics. 

Excluded from the statistics on sole proprietor- 
ships were business schedules filed by partners 
reporting their self-employment income. These 
schedules were filed in accordance with section 6017 
of the Internal Revenue Code of 195'4, requiring 
returns from individuals who had net earnings from 
self-employment of $4-00 or more. Also excluded from 
the sole proprietorship data were returns of fidu- 
ciaries reporting, on Form 10-41, trade or business 
income. Statistics of Income-1956 , Fiduciary Income 
Tax Returns for 1956 includes information on some 
21,000 returns of trusts and estates with gross 
profit or loss from trade or business. 

Data from Form 1120 returns filed by partnerships 
and sole proprietorships choosing to be taxed as 
corporations were excluded from any tabulations. 
This group is estimated to number about 200. Tenta- 
tive returns and those not associated with their 
originals were also excluded from tabulations of 
data for all types of returns . 



Description of the Sample 

Uniform methods of classifying returns were 
prescribed for each of the 64 district offices and 
the International Operations Division in Washington, 
D. C, to facilitate the administrative processing 
of returns for collection and audit purposes. The 
sample design was adapted to fit the regular number- 
ing and grouping procedures used by the Collection 
Division. 

Returns of individuals were classified by pres- 
ence or absence of business income, size of adjusted 
gross income, and taxpayment status. Partnerships 
were classified by size of gross receipts or total 
Income. Returns of corporations were classified by 
size of gross sales, gross receipts, or total in- 
come, by taxable and nontaxable status, and taxpay- 
ment status . 

Sole proprietorships 

The total sample, based on individual returns 
with business income, consisted of 101,264 returns. 
This constituted about 1 percent of the total number 
of 9,985,593 individual income tax returns with 
business schedules C or F that were filed for the 
year. 

Individual returns with business Income which 
showed adjusted gross income of $150,000 or more 
were selected at a one-to-one ratio. Various sam- 
pling ratios were prescribed for the other returns 
included in the stratified systematic sample. 



The number of returns with business schedules 

filed, the number of such returns in the sample, and 

the prescribed sampling ratio by sampling strata 

were: 

Pre- 

Number of returns scribed 
In sampling 

Sampling strata Piled'* ' sample ratio 

Form 1040, total 9,985,593 101,264 

Adjusted gross income: 
Under $10,000: 

Schedule C 5,627,819 44,546 s/lOOO 

Scheduler 3,235,480 9,364 3/1000 

$10,000 under $50,000, sched- 
ules C and F 1,073,320 30,402 3/100 

$50,000 under $150,000, sched- 
ules C and P 44,856 12,834 3/l0 

$150,000 and over, schedules 
C and F 4,118 4,118 l/l 

■'-Ihcludes returns with business schedules filed by part- 
ners reporting their self-employment income. 

Partnerships 

Over a million partnership returns were filed 
for income year 1957-58. An adjustment for dupli- 
cate partnership returns, sometimes filed for more 
than one partner, reduced the total number to 
982,422. Over 3 percent of this number was included 
in the total sample of 33,691 returns. Included in 
the total number filed are 11,815 inactive partner- 
ship returns, from which no data were tabulated. 

The information on partnerships is derived from 
a stratified systematic sample of all returns re- 
porting gross receipts or total income of $500,000 
or more and of other returns, not meeting the re- 
quirements for 100 percent coverage, which were 
sampled at various ratios . 

The number of partnership returns filed, the 
number In the sample, and the prescribed sampling 
ratio by sampling strata were: 

Pre- 
Number of returns scribed 
Jn sampling 

Filed''- sample ratio 



Sampling strata 



Form 1065, total 982,442 33,691 

Gross receipts and total in- 
come each less than $20,000.. 911,591 9,446 1/100 

Either gross receipts or total 
income between $200,000 and 
$500,000 and none $500,000 or 
more 48,630 2,276 1/20 

Either gross receipts or total 
Income $500,000 or more 22,221 21,969 l/l 

■'■Adjusted for duplicate returns filed. Ihcludes inactive 
partnership returns. 



Qjrporation returns 

The total sample consisted of 207,863 returns, 
about 21 percent of the total number of 984,202 



6 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



corporation returns filed for the year. Included in 
the number of returns filed are 4-4-,055 for inactive 
corporations, from which no information was tabu- 
lated . 

Returns with gross sales, gross receipts, or 
total income of $1,000,000 or more and all life and 
mutual insurance company returns, consolidated re- 
turns, and returns with overpayment of tax were 
sampled at a one-to-one ratio. Other returns were 
sampled at various ratios according to size of gross 
sales, gross receipts, or total income. 

The number of corporation returns filed, the 
number in the sample, and the prescribed sampling 

ratio by sampling strata were: 

f re- 
Humber of returns scribed 
In sampl lug 

Sampling strata Filed-*- sample ratio 

Form 1120, total 984,202 207,863 

Gross sales, gross receipts, or 
total Income, each less than 
$100,000 545,751 51,592 1/10 

Either gross sales or gross re- 
ceipts or total Income between 
$100,000 and $1,000,000 and 
none $1,000,000 or more 348,790 66,610 l/S 

Either gross sales or gross re- 
ceipts or total Income 
$1,000,000 or more and all 
consolidated and life and mu- 
tual Insurance company returns, 
and returns with overpayment 
of tax 89,661 89,651 l/l 

■'-Jhcludes returns of Inactive corporations. 



the number of returns filed and comparing this ex- 
pected sample size with the number of sample returns 
actually received. When receipts of returns appeared 
to be inadequate, district offices were requested 
to transmit additional returns. Sample data were 
extended to the sampling stratum totals by weights 
obtained by dividing the total number of returns 
filed in a sampling stratum by the number of sample 
returns received in that stratum. 

Sampling Variability 

Table C shows the relative sampling error of the 
estimated number of businesses, active partnerships, 
and returns of active corporations, for selected in- 
dustries. For the items shown, the table indicates the 
range in percent within which 19 out of 20 similarly 
derived estimates would fall. 



Table C— SOLE PROPRIETORSHIPS, PARTNERSHIPS, AND C0BP0B\TI0NS: RELATIVE SAMPLING 
ERRORS OF ESTIMATED NUMBER FOR SELfeCTED INDUSTRIES ' 



Sole proprietorships 



Industry 



Agriculture, forestry, and 
fishery 

Mining and quarrying 

Construction 

Uanui acturing 

Transportation, communica- 
tion, and other public 
utilities 

Trade 

Wholesale 

Retail 

Finance, insurance, real 
estate 

Services 



Relative 

sampling 

error 

(Percent) 



Not calculated 



33,075 
598,418 
170,395 



295,561 
,870,401 

260,319 
,538,995 

425,156 
,825,599 



17.98 
4.48 
8.52 



6.53 
2.19 
6.46 
2.52 

5.09 
2.18 



Active 
partnerships 



Relative 
sampling 
error 

(Ferceni) 



Not calculated 



15,383 
65,945 
51,870 



16,873 
331,074 

53,161 
266,006 

170,180 
155,230 



15.11 
7.05 
7.76 



14.59 
2.64 
7.16 
3.11 

4.25 
4.47 



Active corpora- 
tion returns 



Relative 
sampling 
error 

(Percent) 



11,833 
12,675 
53,576 



4.95 
4.59 
2.06 



Not calculated 



37,763 
305,117 
103,474 
178,493 

276,935 
90,597 



2.67 
0.72 
1.33 
1.05 

0.86 
1.73 



^The table indicates the range in percent within which 19 out of 20 similarly de- 
rived estinates would fall. 



Method of Estimation 

The total number of returns with business sched- 
ules filed, partnerships filing returns, and corpo- 
ration returns filed was determined from counts made 
in each of the district offices and submitted to the 
Statistics Division. 

The adequacy of receipts by sampling stratum -^as 
reviewed by applying the prescribed sample rates to 



An extensive system of sample management was 
used to minimize biases arising from processing 
errors, incomplete coverage, and inaccuracies in 
estimating the number of returns filed. The returns 
and schedules were mathematically verified, but were 
tabulated prior to official audit by the Internal 
Revenue Service. Therefore, errors made by tax- 
payers on the returns were not completely elimi- 
nated. 



SOLE PROPRIETORSHIPS 



U. S. BUSINESS TAX RETURNS. JULY 1957-JUNE 1958 

Table 1.— NUMBER, BUSINESS RECEIPTS, NET PROFIT, AND NET LOSS, BY INDUSTRIAL GROUP 



Industrial group 



All industria 1 groups 

Agriculture, forestry, and fishery, total 

Farms 

Agricultural services, hunting, and trapping 

Forestry 

Fishery 

Mining and quarrying, total 

Metal and coal mining; nonnietsllic raining and quarrying 

Crude petroleum and natural gas production 

Construction, total 

General contractors 

Special trade contractors 

Contractors not allocable 

Manufacturing, total 

Beverages 

Food and kindred products 

Textile-ralll products 

Apparel and products made from fabrics 

Lumber and wood products, except furniture 

Furniture and fixtures 

Printing, publishing, and allied industries 

Chemicals and allied products 

Leather and leather products 

Stone, clay, and glass products 

Primary metal industries 

Fabricated metal products, except machinery and transportation equipment 

Machinery, except transportation equipment and electrical 

Electrical machinery and equipment 

Transportation equipment 

Other manufacturing industries 

Transportation, communication, and other public utilities, total 

Trucking and warehousing 

Other transportation 

Communication and other public utilities 

Trade, total 

Wholesale, total 

Food 

Farm products ( raw materia Is ) 

Other wholesalers; commission merchants 

Retail, total 

Food 

General merchandise , 

Apparel and accessories 

Furniture and housef urnishings , 

Automotive dea lers 

Gasoline service stations , 

Drug stores , 

Eating and drinking places , 

Lumber and building materials , 

Hardware and farm equipment , 

Liquor stores , 

Antique stores and secondhand stores , 

Book and stationery stores 

Sporting goods stores and bicycle shops , 

Florists , 

Jewelry stores , 

Newsdealers and newsstands 

Other retail trade 

Trade not allocable 

Finance, insurance, real estate, total 

Security and commodity-exchange brokers and dealers , 

Other finance 

Insurance agents, brokers, and services , 

Reel estate 

Combinations of real estate, insurance, loans, law offices , 

Services, total 

Hotels and other lodging places 

Personal services, total 

Laundries , cleaners , and dyers 

Photographic studios, including commercial photography 

Barber and beauty shops, including schools for operators 

Funeral service and crematories 

Other personal services 

Business services, total 

Advert ising 

Accounting, auditing, and bookkeeping 

Other business services 

Automobile repair services and garages 

Other repair services 

Amusements , tota 1 

Motion picture theaters 

Other amusements and recreational services 

Medical and other health services, total 

Physicians, surgeons, oculists , 

Dentists and dental surgeons 

Other medical and health services 

Legal services 

Educational services 

Engineering and architectural aervlcea 

Other services 

Nature of business not allocable 



(1) 



8,737,665 

3,452,851 
3,3i3,22i 

79,822 
1,182 

28,623 

33,075 
11,485 
21,590 

598,418 
92,134 

456,177 
20,057 

170,395 
1,187 

14,216 
1,875 
8,313 

54,556 
8,153 

22,958 
2,766 
1,395 

5,238 
1,786 
8,021 

11,854 
1,353 
2,839 

23,885 

295,561 

212,609 

69,934 

13,018 



260,319 
31,318 
13,853 

215,148 

1,538,995 
358,532 
64,758 
70,510 
75,494 
60,520 
185,498 
37,263 
303,546 
23,350 

32,090 
24,669 
24,149 
8,119 
14,224 
15,103 
20,865 
17,108 
203,197 
71,087 

425,156 

9,523 

7,130 

142,054 

237,325 

29,124 

1,825,599 
144,600 

442,392 
71,546 
22,261 

238,271 
15,739 
94,575 

217,780 
11,362 
82,899 
123,519 
114,155 
168,537 

79,984 

5,196 

74,788 

382,817 
136,623 
76,663 
169,531 
112,911 
65,307 
40,682 
56,434 

66,209 



Business 
receipts 
(Thousand 
dollars) 



(2) 



162,686,506 

23,497,998 
22,416,438 

911,011 
5,037 

165,512 

1,164,289 
338,113 
826,176 

13,589,214 

5,434,382 

7,765,785 

388,547 

6,248,046 

81,762 

1,245,357 

93,676 

576,884 

1,365,981 

230,944 

623,215 

55,295 

35,516 

178,056 
101,933 
328,057 
528,462 
68,891 
89,618 
644,399 

3,682,743 

2,897,286 

607,684 

177,773 

89,312,470 

18,511,321 
3,662,865 
2,988,993 

11,859,463 

66,668,849 
17,956,497 
2,335,403 
2,624,507 
3,156,080 
7,892,701 
9,573,328 
2,738,786 
7,689,439 
1,347,025 

1,835,686 

1,606,356 

303,402 

238,662 

277,038 

■ 291,721 

595,400 

333,387 

5,873,431 

4,132,300 

5,056,909 

150,907 

90,070 

1,513,389 

3,000,925 

301,618 

19,533,328 
1,250,787 

3,538,089 

1,072,745 

203,046 

1,371,347 

471,275 

419,676 

1,923,809 
320,869 
524,330 
1,078,610 
1,601,084 
1,325,848 

1,019,273 
103,812 
915,461 

6,391,622 

3,536,759 

1,633,781 

1,221,082 

1,366,115 

219,919 

614,257 

282,525 

601,509 



Businesses with net profit 



(3) 



7,094,181 

2,525,471 
2,436,046 

66,4i6 
767 

22,212 

20,557 
8,194 
12,363 

557,398 
81,152 

458,161 
18,085 

137,698 
808 

11,120 
1,674 
7,066 

43,700 
6,723 

19,74A 
2,341 
1,269 

3,451 
1,407 
5,722 

10,395 
1,114 
2,189 

18,975 

241,031 

168,504 

60,828 

11,699 



228,007 
28,151 
11,535 

188,321 

1,279,974 

312,368 

53,340 

58,302 

60,625 

44,915 

157,329 

34,294 

247,282 

18,237 

24,785 
21,922 
19,139 
7,070 
10,573 
11,357 
18,081 
16,094 
164,261 
54,456 

355,885 
7,620 
6,338 
131,142 
185,159 
25,626 

1,636,837 
1(B,429 

412,558 
63, ■^7 
17,277 

228,780 
13,773 
88,931 

197,235 
9,781 
78,559 
108,895 
101,463 
148,138 

56,616 
2,086 
54,530 

368,186 
128,488 
75,508 
164,190 
105,197 
60,432 
34,259 
43,324 

56,867 



Business 
receipts 
(TfxKiaand 
dollars) 



(4) 



145,357,029 

19,433,308 
18,509,284 

762,954 
3,636 

157,434 

859,076 
285,820 
573,256 

12,656,878 

5,016,524 

7,306,007 

334,347 

5,025,728 
71,479 

597,394 
93,225 

517,326 
1,089,581 

215,659 

606,984 
53,250 
35,301 

149,257 
53,245 

287,405 

517,095 
64,401 
84,616 

589,510 

3,150,755 

2,430,286 

560,353 

160,116 

80,460,955 

16,773,052 
3,458,243 
2,380,084 

10,934,725 

60,006,250 

16,436,645 

2,120,077 

2,407,331 

2,800,617 

6,519,160 

8,789,756 

2,664,577 

6,833,769 

1,220,933 

1,414,689 

1,537,455 

273,536 

227,783 

244,337 

263,178 

555,595 

322,256 

5,374,556 

3,681,653 

4,679,512 

141,117 

87,576 

1,488,834 

2,676,328 

285,657 

18,547,950 
973,722 

3,397,642 

1,009,550 

181,823 

1,343,212 

462,100 

400,957 

1,855,620 
312,026 
519,890 
1,023,704 
1,489,685 
1,260,482 

847,227 
48,341 
798,886 

6,329,336 

3,516,681 

1,629,833 

1,182,822 

1,349,284 

192,929 

578,853 

273,170 

542,867 



Net 
profit 

dollars) 



(5) 



22,806,867 

4,701,701 

4,460,293 

194,421 

1,399 

45,588 

166,806 
34,393 
132,413 

1,873,466 

423,040 

1,387,239 

63,187 

657,551 
7,797 
50,886 
10,828 
37,257 

121,615 
25,410 

107,691 
13,479 
6,544 

16,353 
10,582 
45,249 
86,359 
7,158 
12,853 
97,490 

607,408 

443, 131 

126,137 

38,140 

5,878,653 

1,256,741 

127,121 

49,751 

1,079,869 

4,350,920 
891,291 
169,673 
237,376 
252,764 
232,867 
509,315 
232,395 
732,483 
97,930 

100,574 
125,343 
38,941 
24,702 
28,122 
34,105 
78,984 
37,771 
476,284 
270,992 

1,477,029 
51,442 
42,325 

607, 348 
653,484 
122,430 

7,302,067 
193,662 

990,093 
180,925 
46,293 
518,796 
100,951 
143,123 

674,523 
54,894 
253,539 
361,090 
285,705 
341,460 

170,160 

5,398 

164,762 

3,439,115 
2,080,190 
808,584 
550,341 
748,002 
83,999 
208,128 
162,220 

142,186 



Businesses with net loss 



C6) 



1,643,484 

927,380 

907,178 

13,376 

415 

6,411 

12,518 
3,291 
9,227 

41,020 

11,032 

28,016 

1,972 

32,697 
379 

3,096 
201 

1,247 
10,856 

1,430 

3,214 
425 
126 

1,787 
379 

2,299 

1,459 
239 
650 

4,910 

54,530 

44,105 

9,106 

1,319 

307,964 

32,312 
3,167 
2,318 

26,827 

259,021 
46,164 
11,418 
12,208 
14,869 
15,605 
28,169 

2,969 
56,264 

5,113 

7,305 
2,747 
5,010 
1,049 
3,651 
3,746 
2,734 
1,014 
38,936 
16,631 

69,271 

1,903 

792 

10,912 

52,166 

3,498 

188,762 
35,171 

29,834 
7,749 
4,984 
9,491 
1,966 
5,644 

20,545 
1,581 
4,340 
14,624 
12,692 
20,399 

23,368 

3,110 

20,258 

14,631 
8,135 
1,155 
5,341 
7,714 
4,875 
6,423 

13,110 

9,342 



Business 
receipts 

( Thousand 
dollars) 



(7) 



17,329,477 

4,064,690 

3,907,154 

148,057 

1,401 

8,078 

305,213 

52,293 

252,920 

932,336 

418,358 

459,778 

54,200 

1,222,318 

10,283 

647,963 

451 

59,553 

276,400 

15,285 

16,231 

2,045 

215 

23,799 
48,688 
40,652 
11,367 
4,490 
5,002 
54,889 

531,988 

467,000 

47,331 

17,657 

8,851,515 

1,738,269 
204,622 
608,909 
924,738 

6,662,599 

1,519,852 

215,326 

217,176 

355,463 

1,373,541 

783,572 

74,209 

855,670 

126,092 

4?0,997 
68,901 
29,866 
10,879 
32,701 
23,543 
39,305 
11,131 
498,875 
450,647 

377, 397 
9,790 
2,494 
24,555 
324,597 
15,961 

985,378 
277,065 

140,447 
63,195 
21,223 
28,135 
9,175 
18,719 

68,189 
8,343 
4,440 

54,906 
111,399 

65,366 

172,046 

55,471 

116,575 

62,286 
20,078 

3,948 
38,260 
16,831 
26,990 
35,404 

9,355 

58,642 



( Thousand 
dollars) 



(8) 



_1_ 



2,536,696 

1,259,747 

1,227,650 

24,591 

1,191 

6,315 

134,213 

9,265 

124,948 

113,481 

62,719 

44,665 

6,097 

85,748 

422 

20,951 

387 

4,966 

27,254 

3,006 

4,469 

470 

242 

3,529 
1,254 
5,008 
2,547 
1,27( 
1,411 
8,556 

79,157 

67,505 

9,378 

2,274 

519,785 

71,432 
8,925 
8,242 

54,265 

421,420 
62,396 
14,348 
24,991 
23,407 
46,568 
36,944 
9,513 
70,332 
14,510 

28,043 
4,178 
6,983 
1,472 
4,579 
2,976 

14,408 
604 

49,668 

26,933 

104,484 
6,729 
7,644 
9,X5 
71,239 
9,527 

275,639 
68,731 

19,528 
6,460 
3,269 
5,494 
1,756 
2,549 

25,319 
1,859 
3,346 

20,114 
14,186 
14,018 

80,223 

6,753 

73,470 

20,486 
12,705 
912 
6,369 
8,170 
5,244 
9,685 
10,049 

14,442 



8 

SOLE PROPRIETORSHIPS 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



Table 2 . —BUSINESSES WITH NET PROFIT BY SIZE OF BUSINESS RECEIPTS: NUMBER, BUSINESS RECEIPTS, AND NET PROFIT, BY INDUSTRY— BUSINESSES WITH 

NET LOSS, ALL INDUSTRIES 



Size of business receipts 



Business 
receipts 

(Thousand 
dollars) 



Net profit 



f TTiousand 
dollars) 



Business 
receipts 

(Thousand 
dollars) 



Net profit 



(Thovs, 
dalla, 



Business 
receipts 



Net profit 



(ThousaruJ 
dollars) 



Business 
receipts 

(Thousand 
dollars) 



Net profit 



( Thousand 
dollars) 



BUSINESSES WTH NET PROFIT 

Total 

Under $1,000 

$1,000 under $2,000 

42,000 under $3,000 

$3,000 under $i,000 

$4,000 under $5,000 

$5,000 under $7,000 

$7,000 under $10,000 

$10,000 under $15,000 

$15,000 under $20,000 

$20,000 under $25,000 

$25,000 under $30,000 

$30,000 under $iO,000 

$40,000 under $50,000 

$50,000 under $75,000 

$75,000 under $100,000 

$100,000 or more 

Not stated 

Total 

Under $1,000 

$1,000 under $2,000 

$2,000 under $3,000 

$3,000 under $4,000 

$4,000 under $5,000 

$5,000 under $7,000 

$7,000 under $10,000 

$10,000 under $15,000 

$15,000 under $20,000 

$20,000 under $25,000 

$25,000 under $30,000 

$30,000 under $40,000 

$40,000 under $50,000 

$50,000 under $75,000 

$75,000 under $100,000 

$100,000 or nare 

Not stated 

Total 

Under $1,000 

$1,000 under $2,000 

$2,000 under $3,000 

$3,000 under $4,000 

$4,000 under $5,000 

$5,000 under $7,000 

$7,000 under $10,000 

$10,000 under $15,000 

$15,000 under $20,000 

$20,000 under $25,000 

$25,000 under $30,000 

$30,000 under $40,000 

$40,000 under $50,000 

$50,000 under $75,000 

$75,000 under $100,000 

$100,000 or more 

Not stated 

Total 

Under $1,000 

$1,000 under $2,000 

$2,000 under $3,000 

$3,000 under $4,000 

$4,000 under $5,000 

$5,000 under $7,000 

$7,000 under $10,000 

$10,000 under $15,000 

$15,000 under $20,000 

$20,000 under $25,000 

$25,000 under $30,000 

$»,000 under $40,000 

$40,000 under $50,000 

$50,000 under $75,000 

$75,000 under $100,000 

$100,000 or more 

Not stated 



All industries 



Agriculture, forestry, and fishery 



Mining and quarrying 



Construction 



7,094,181 145,357,029 22,806,867 



556,799 
767,140 
615,313 
517,405 
433,293 

650,756 
677,691 
656,948 
397,484 
270,462 

207,605 
284,676 
180,837 
243,361 
123,689 

253,598 
257,124 



342,052 
1,131,832 
1,517,908 
1,805,560 
1,937,625 

3,861,422 
5,684,379 

8,044,267 
6,901,517 
6,060,733 

5,699,542 

9,818,280 

3,048,262 

14,815,977 

10,645,103 

59,042,570 



2,525,471 19,433,308 4,701,701 



178,460 
525,238 
641,413 
717,331 
747,182 

1,374,746 
1,776,132 
2,262,764 
1,739,360 
1,428,272 

1,189,633 
1,913,425 
1,326,458 
2,004,638 
1,128,512 

3,352,792 
500,511 



228,603 
366,872 
277,385 
238,875 
208,222 

311,369 
323,641 
245,740 
114,902 
54,920 

29,754 
33,037 
12,263 
15,302 
4,816 

8,456 
51,314 



146.006 
544,189 
684,301 
837,185 
930, 548 

1,844,910 
2,709,446 
2,970,911 
1,979,067 
1,222,077 

815,322 
1,145,195 
541,633 
923,787 
414,784 

1,723,947 



73,905 
232,265 
242,019 
259,233 
283,835 

550,473 
731,843 
735,564 
445,119 
245,159 

145,307 
217,005 

98,397 
152,526 

74,025 

141,263 
73,763 



20,557 

1,547 
1,484 
1,629 
985 
1,224 

853 

1,571 

2,443 

972 

506 

675 
828 

1,068 
877 
578 

2,257 
1,060 



859,076 

567 
2,059 
4,017 
3,314 
5,381 

4,937 
13,343 
30,875 
17,299 
11,145 

19,061 
29,183 
47,352 
53,279 
50,775 

566,489 



233 
1,151 
1,924 

1,123 
2,149 

1,212 
4,143 
7,417 
4,643 
4,160 

5,618 
6,767 
8,757 
8,172 
9,405 

96,575 
3,357 



557,398 

42,379 
58,618 
50,496 
40,025 
27,718 

41,143 
35,651 
44,109 
25,571 
19,679 

17,080 
21,989 
15,354 
19,940 



27,299 
60,041 



28,135 
86, 149 
124,104 
139,375 
124,190 

243,799 
298,789 
545,075 
442,761 
439,137 

466,131 
759,547 
706,650 
,228,884 
849,736 



1,873,466 

18,171 
53,506 
76,017 
78,194 
68,979 

111,655 
104, 551 
142,654 
105,380 
33,875 

75,832 
115,174 

94,909 
146,568 

82,155 

417,659 
98,187 



Manufacturing 



8,699 
8,499 
9,113 
7,450 
6,733 

10,246 

11,213 

12,061 

9,592 

6,235 

4,337 
7,518 
5,206 
3,074 
5,379 

12,332 
4,961 



5,025,723 

5,047 
13,266 
22,392 
26,449 
30,412 

60,392 

93,284 

150,665 

165,480 
139,433 

118,324 
257,789 
233,218 
507,210 
463,346 



Transportation, comraunication, 
and other public utilities 



Total trade 



Trade: Wholesale 



657,551 

2,334 
4,914 
3,982 

11,217 
10,307 

22,157 
30,882 
37,856 
37,760 
28,013 

21,979 
42,543 
33,130 
66,769 
52,725 

223,351 
12,582 



Trade: Retail 



1,279,974 60,006,250 4,350,920 

32,267 17,587 5,632 

37,169 54,434 13,745 

38,090 95,214 22,030 

31,851 110,783 23,258 

29,083 130,740 26,633 

59,824 359,102 64,550 

31,589 694,674 107,381 

116,699 1,448,810 197,915 

105,643 1,343,012 231,023 

90,286 2,034,114 217,808 

85,357 2,348,967 251,548 

127,183 4,402,634 436,785 

92,917 4,149,704 357,468 

132,310 8,062,864 610,442 

73,222 6,234,921 432,716 

132,201 27,968,690 1,303,511 

14,283 - 48,425 



Hotels and other lodging 
places 



109,429 

14,960 

17,106 

13,534 

9,333 

8,736 

9,604 
9,310 
9,234 
4,040 
2,266 

2,199 
2,319 
1,731 
2,149 
581 

516 
1,811 



973,722 

10,505 
25,080 
32,462 
32,218 
39,226 

56,323 
78,798 
111,375 
68,548 
50,634 

59,430 
80,018 
77,232 
126, 507 
47,693 

77,673 



193,662 

5,502 
10,192 
10,935 

7,974 
10,848 

14,333 
16,892 
23,318 
12,652 
11,199 

10,077 
11,556 
13,423 
16,769 
7,445 

8,106 
1,891 



241,031 

14,942 
23,764 
27,250 
23,299 
19,817 

28,515 
26,343 
24,997 
14,359 
7,230 

5,099 
4,773 
2,413 
4,310 
2,831 

3,804 
7,285 



9,397 
35,598 
67,737 
81,369 
88,875 

167,725 
219,157 
304,468 
246,285 
164,969 

142,383 
160,640 
105,994 
257,286 
244,114 

354,757 



607,408 

3,311 
15,025 
30,090 
29,332 
34,976 

64,077 
68,300 
77,046 
54,183 
30,474 

23,291 
26,143 
15,330 
30,365 
25,294 

62,954 
17,217 



40,054 
51,804 
49,625 
42,247 
40,256 

75,522 
104,607 
144,482 
122,458 
103,644 

95,273 
146,409 
105,626 
153,052 

86,511 

178,782 
22,085 



Trade not allocable 



54,456 

610 
2,205 
1,839 
1,934 
2,096 

2,313 
3,398 
5,177 
3,682 
2,127 

1,661 
4,203 
3,239 
5,815 
3,326 

10,180 
646 



3,631,653 

412 
3,196 
4,549 
6,613 
9,171 

14,128 
28,666 
56,271 

54,119 
48,557 

45,556 
142,759 
139,654 
354,899 
295,973 

2,457,130 



797 

794 

1,769 

2,975 

2,861 

5,205 

12,101 

10,718 

7,459 

5,810 
13,971 
14,213 
34,682 
24,486 

131,423 
1,653 



Services': Personal services 



412,553 

40,486 
57,031 
51,275 
48,942 
35,812 

42,918 
36,849 
30,138 
18,511 
9,069 

7,339 
8,084 
3,777 
4,867 
1,140 

2,272 
13,048 



3,397,642 

25,354 
85,889 
126,356 
169,419 
164,496 

254,078 
309,344 
366,248 
320,761 
201,762 

201,998 
275,358 
158,507 
295,858 
98,492 

332,222 



990,093 

13,682 
41,715 
60,176 
88,693 
84,208 

114,592 

113,148 
107,531 
79,364 
47,057 

38,851 
46,996 
30,908 
47,780 
18,361 

41,224 
15,797 



460,955 5,878,653 



22,331 

76,185 

123,742 

146,186 

180,128 

452,181 

839,295 

1,791,589 

2,148,450 

2,333,044 

2,519,^28 
5,062,865 
4,713,931 
9,322,049 
7,444,126 

43,135,215 



228,007 16,773,052 



7,524 
21,513 
33,750 
35,054 
44,477 

98,582 

178,827 
305,504 
312,955 
301,353 

312,794 
549,376 
436,896 

754,170 
533,475 

1,879,932 

71,360 



7,177 
12,430 
9,696 
8,452 
9,077 

13,385 
19,520 
22,506 
13,133 
11,231 

8,255 
15,018 

9,470 
14,927 

9,963 

35,401 
7,156 



4,332 

18,555 
23,979 
28,790 
40,217 

78,951 
165,955 
276,503 
241,329 

250,373 

225,105 
517,472 
424,573 
904,286 
853,232 

12,709,395 



1,256,741 

1,817 
6,971 
10,876 
10,027 
14,869 

31,171 
66,241 
96, 588 
71,225 
76,036 

55,436 
98,620 
55,215 
109,046 
75,273 

444,998 
21,282 



Finance, insurance 
real estate 



Total services 



355,885 

42,743 
45,313 
32,795 
27,391 
23,847 

36,444 
35,231 
32,977 
15,846 
10,073 

6,333 
9,851 
5,212 
6,561 
2,674 

6,879 
14,705 



25,467 
63,274 
80,887 
94,723 
107,046 

215,076 
292,333 
408,139 
275,574 
227,143 

172,659 
337,095 
232,435 
397,677 
233,035 

1,511,949 



1,477,029 

13,005 
33,679 
39,725 
52,727 
59,329 

119, 532 
168,562 
207,770 
126,824 
97,038 

64,792 
115,156 
60,382 
92,381 
55,335 

134,577 
36,213 



Services: Business services 



197,235 

38,634 
27,744 
20,152 
13.949 
9,848 

15,531 
13,622 
14,749 
7,056 
4,695 

4,284 
4,059 
2,545 
2,769 
1,198 

2,132 
14,268 



1,855,620 

20,208 
39,889 
49,264 
48,579 
43,758 

92,477 
113,233 
181,761 
122,012 
104,367 

118,396 
140,903 
112,793 
168,166 
99,904 

399,410 



674,523 

12,637 
22,837 
27,549 
27,099 
26,397 

54,538 
61,275 
89,817 
54,674 
44,201 

39,970 
45,575 
31,057 
39,189 
21,387 

51,615 
24,206 



1,636,837 18,547,950 7,302,067 

171,793 101,432 57,772 

202,822 296,357 157,715 

161,970 398,694 202,453 

133,259 453,322 242,887 

102,506 453,393 237,a3 

142,434 847,225 397,075 

135,892 1,138,747 479,264 

145,850 1,302,503 732,888 

91,345 1,593,257 643,979 

56,961 1,496,934 629,863 

48,265 1,324,787 535,102 

53,502 2,008,981 331,447 

32,815 1,450,437 569,4X 

34,359 2,070,457 744,000 

10,724 911,729 293,109 

13,016 2,184,595 381,730 

82,624 - 166,140 



Services: Automobile repair 
services and garages 



3,520 
8,342 
8,375 
6,683 
6,423 

11,104 

11,835 

11,618 

8,663 

5,351 

3,680 
4,701 
2,553 
2,783 
1,151 

1,092 
3,573 



2,113 
12,054 
20,549 
23,729 
28,890 

57,145 

97,954 

144,044 

150,829 

119,829 

100,469 
160,000 
112,213 
171,310 
100,133 

173, 399 



235,705 

1,061 
5,518 

10,055 
9,641 

12,434 

23,088 
27,844 
38,290 
28,246 
22,702 

14,680 
23,004 
10,819 
23,546 
11,067 

15,342 
8,258 



^Includes data for "Nature of business not allocable," not shown separately (see table 1). 



U. S. BUSINESS TAX RETURNS, JULY 1957-JUNE 1958 



SOLE PROPRIETORSHIPS 



Table 2 . —BUSINESSES WITH NET PROFIT BY SIZE OF BUSINESS RECEIPTS: NUMBER BUSINESS RECEIPTS, AND NET PROFIT, BY INDUSTRY— BUSINESSES WITH 

NET LOSS, ALL INDUSTRIES— ConClnued 



Size of business receipts 



Business 
receipts 

(Thousand 
dollars) 



Net profit 

( Thexiaand 
doUari) 



Business 
receipts 

(Thoaaand 
dollars) 



Net profit 

(Thouaartd 
dollars) 



Business 

receipts 

(Thousand 

dollars) 



Net profit 

(Thousand 
dollars} 



Business 
receipts 
(Thousand 
dollars) 



Net profit 

(Thousand 
dollars) 



BUSINESSES WITH NET PROFIT— Continued 

Total 

Under $1,000 

$1,000 under $2,000 

$2,000 under $3,000 

$3,000 under $4,000 

$4,000 under $5,000 

$5,000 under $7,000 

$7,000 under $10,000 

$10,000 under $15,000 

$15,000 under $20,000 

$20,000 under $25,000 

$25,000 under $30,000 

$30,000 under $40,000 

$40,000 under $50,000 

$50,000 under $75,000 

$75,000 under $100,000 

$100,000 or more 

Not stated 

BUSINESSES WITH NET PROFIT OR .- LOSS ; 

Total 

Under $1,000 

$1,000 under $2,000 

$2,000 under $3,000 

$3,000 under $4,000 

$4,000 under $5,000 

$5,000 under $7,000 

$7,000 under $10,000 

$10,000 under $15,000 

$15,000 under $20,000 

$20,000 under $25,000 

$25,000 under $30,000 

$30,000 under $40,000 

$40,000 under $50,000 

$50,000 under $75,000 

$75,000 under $100,000 

$100,000 or more 

Not stated 



Services: Other repair services 



Services; Ajnusements 



Services: Medical and other 
health services 



Services: Legal services 



148,138 

20,623 

20,427 

17,465 

12,578 

8,768 

15,196 
15,594 

14,218 
4,310 
3,310 

2,086 
2,806 
1,908 
2,105 
556 

964 
4,724 



11,670 
29,028 
42,569 
43,824 
39,087 

90,117 

130,272 

173,641 

83,479 

73,325 

56,725 
94,392 
81,971 
126,815 
45,912 

137,655 



341,460 

5,503 
11,442 
18,082 
13,809 
17,283 

36,281 
49,318 
50,723 
20,271 
16,696 

11,817 
19,430 
13,110 
22,126 
8,040 

14,511 
8,018 



56,616 

5,430 
6,361 
6,032 
4,097 
3,501 

5,896 
4,743 

5,033 
2,375 
2,042 

1,496 
1,776 
1,117 
1,334 
949 

1,552 
2,332 



347,227 170,160 



3,135 

9,280 

15,219 

14,040 

15,676 

35,441 
39,509 
62,299 

40,951 
45,076 

40,667 
60,149 
49,100 
81,988 
81,307 

253,390 



368,186 6,329,336 3,439,115 



1,184 
4,024 
4,430 
6,275 
5,081 

10,516 

10,724 

15,885 

8,554 

9,716 

10,212 
10,237 
10,809 
13,135 
11,561 

29,847 
7,920 



17,176 
31,863 
22,324 
20,733 
15,703 

19,080 
24,198 
38,777 
32,920 
30,656 

a, 771 

29,350 

16,256 

14,595 

3,804 

2,720 
25,705 



10,902 
46,707 
57,161 
72,932 
69,903 

113,018 
204,873 
482,477 
573,495 
688,793 

597,839 
1,009,636 
719,783 
873,455 
3a, 026 

437,336 



Services: Educational services 



60,432 

12,591 

16,304 

8,817 

5,464 

3,370 

2,845 

1,355 

1,026 

647 

197 

323 
306 

74 
162 

177 
6,774 



Services: Engineering and 
architectural services 



105,197 1,349,284 



7,538 
33,436 

40,761 
49,675 
44,773 

63,174 
102,289 
249,378 
306,505 
368,226 

329,810 
581,756 
397,003 
438,777 
174,274 

140,490 
61,250 



5,666 
7,659 

5,478 
6,202 
5,583 

13,371 
12,097 
16,491 
9,439 
6,990 

3,755 
3,586 
1,813 

1,881 
498 

689 
3,999 



2,899 

10,774 
13,780 
a, 658 
24,944 

80,131 
100,718 
204,038 
164,172 
154,663 

103,364 
122,479 

79,449 
113,368 

43,375 

109,422 



748,002 

1,552 
6,020 
7,541 
11,715 
15,609 

46,355 
61,117 
115,017 
98,644 
86,054 

61,181 
65,709 
42,613 
58,482 
19,356 

35,561 
14,971 



Other services 



Net loss, all industries 



192,929 

7,613 
23,186 
21,258 
18,656 
15,133 

16,678 
11,839 
12,024 
10,788 
4,141 

8,988 

10,494 

3,555 

3,543 



88,999 

4,906 
13,947 
12,348 
12,001 

8,413 

7,526 
4,436 
3,900 
3,637 
906 

2,376 
1,915 
1,229 
1,592 



2,563 
7,304 



34,259 

3,975 
3,866 
2,948 
1,576 
1,557 

3,335 
2,602 
3,024 
1,796 
1,542 

846 
1,023 

793 
1,357 

732 

773 
2,514 



2,031 
5,750 
7,117 
5,466 
7,056 

19,839 
21,465 
34,793 
30,654 
34,577 

23, 578 
34,699 
35,680 

a, 837 
64,700 

169,561 



1,274 
3,417 
3,701 
3,164 
4,445 

12,789 
12,117 
19,389 
15,724 
14,469 

9,380 
14,653 
12,879 
22,151 

16,789 

34,375 
7,412 



43,324 

3,732 
6,114 
5,069 
3,652 
2,305 

3,554 
3,687 
2,492 
1,588 
843 

486 
592 
243 
357 
105 

129 
3,376 



273,170 

4,997 
8,710 
12,459 
12,801 
10,169 

a, 928 
30,732 
29,853 
27, 568 
19,267 

13,333 
20,853 
10,149 
a, 510 
9,187 

19,654 



2,933 
5,067 

6,775 
7,841 
7,222 

13,383 
20,104 
19,140 
15,708 
8,627 

6,748 
10,616 

5,575 
10,453 

4,329 

8,096 

9,103 



■1,643,484 

■ 498,156 

269,0X 

142,679 

108,337 

75,504 

93,904 
, 90,558 
79,724 
42,971 
29,019 

, 25,432 
' 31,812 
. 18,535 
' 22,684 
13,975 

24,634 
71,480 



223,281 
392,376 
350,259 
377,021 
337,861 

579,834 
760,180 
967,020 
735,601 
643,522 

693,500 
1,103,431 

825,978 
1,379,503 
1,188,703 

6,771,402 



2,586,696 

340,446 
230,480 
151,639 
123,255 
95,595 

160,552 
163,714 
173,917 
125,757 
91,138 

81,028 
137,919 

74,425 
ia,873 

88,369 

314,855 
111,229 



SOLE PROPRIETORSHIPS WITH NET PROFIT 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



Table 3.— NUMBER, BY SIZE OF NET PROFIT, BY INDUSTRY 



Size of net profit 



All 
industries 



Agriculture J 

forestry, 
and fishery 



Mining and 
quarrying 



Construction 



Manufac- 
turing 



Transporta- 
tion, com- 
munication, 

and other 
public 

utilities 



Trade not 
allocable 



Finance, in- 
surance and 
real estate 



(1) 



(2) 



(3) 



(5) 



(6) 



(7) 



(8) 



(10) 



(11) 



Total 

Under tl,000 

$1,000 under $2,000 

$2,000 under $3,000 

$3,000 under $4,000 

$*,000 under $5,000 

$5,000 under $6,000 

$6,000 under $7,000 

$7,000 under $8,000...' 

$8,000 under $9,000 

$9,000 under $10,000.. 

$10,000 under $12,000. 
$12,000 under $15,000. 
$15,000 under $20,000. 
$20,000 under $25,000. 
$25,000 under $50,000. 

$50,000 under $100,000 
■$100,000 or more 



7,094,181 



2,525,471 



20,557 



557,398 



137,698 



241,031 



1,562,437 



223,007 



1,279,974 



54,455 



355,885 



2,440,312 

1,488,469 

949,821 

628,876 

444,665 

245,445 

176,492 

126,617 

96,013 

77,497 

102,941 

103,048 

92,028 

48,423 

63,091 

9,086 

1,357 



1,125,661 
624,093 
338,749 
180,964 
108,227 

47,852 
27,420 
16,694 
11,547 
11,217 

10,168 
9,096 
7,101 
2,611 
3,530 

467 
74 



5,079 
4,393 
2,637 
1,747 
1,065 

877 
497 
350 
420 
290 

389 
449 
641 

250 
872 

206 
395 



138,875 

127,245 

89,927 

60,363 

46,639 

23,297 

17, 579 

10,280 

8,128 

5,935 

8,396 
7,161 
6,333 
2,812 
3,723 

615 
90 



37,428 
21,965 
17,827 
12,397 
10,715 

6,475 
5,730 
3,979 
2,675 
2,333 

3,885 
3,812 
3,793 
1,800 
2,239 

523 
122 



79,888 
57,328 
39,959 
24,085 
14,954 

6,832 
4,613 
3,617 
1,852 
1,873 

1,967 

1,173 

1,373 

502 

774 

218 



415,811 
280,963 
212,278 
171,945 
131,277 

81,102 
62,956 
42,046 
31,002 
23,618 

30,787 
30,309 
22,895 
10,703 
13,070 

1,434 
241 



47,460 
35,344 
24,527 
21,796 
21,396 

11,720 

11,984 

8,578 

6,147 

6,292 

6,606 
8,905 
7,634 
3,648 
5,162 

691 
117 



354,946 
238,065 
179,941 
145,425 
106,033 

66,250 
48,648 
31,578 
23,685 
15,958 

22,242 

19,420 
13,713 
6,306 
7,049 

634 

81 



13,405 
7,554 
7,810 
4,724 
3,848 

3,132 
2,324 

1,890 
1,170 
1,368 

1,939 

1,984 

1,548 

749 

859 

109 
43 



110,285 
56,985 
42,453 
27,644 
27,191 

16,107 
13,550 
11,195 
10,065 
7,265 

9,385 
8,582 
6,911 
3,276 
4,039 

892 
60 



Size of net profit 



Hotels and 
other lodg- 
ing places 



Personal 
services 



Business 
services 



Automobile 

repair 

services 

and 
garages 



Other 
repair 
services 



Medical 
and other 

health 
services 



Legal 
services 



Educa- 
tional 
services 



Engineering 
and archi- 
tecture 
services 



Other 
services 



Nature of 

business 

not 

allocable 



(12) 



Total 

Dnder $1,000 

$1,000 under $2,000 

$2,000 under $3,000... 
$3,000 under $4,000... 
$4,000 under $5,000. . . 

$5,000 under $6,000... 
$6,000 under $7,000... 
$7,000 under $8,000... 
$87000 under $9,000... 
$9,000 under $10,000.. 

$10,000 under $12,000. 
$12,000 under $15,000. 
$15,000 under $20,000. 
$20,000 under $25,000. 
$25,000 under $50,000. 

$50,000 under $100,000 
$100,000 or more 



503,349 
303,404 
198,540 
145,430 
101,614 

61,820 
42,938 
37,479 
29,894 
24,4m 

37,530 
42,003 
42,579 
26,208 
34,502 

4,714 
352 



(13) 



(14) 



(15) 



(16) 



(17) 



(18) 



(19) 



(20) 



(a) 



(22) 



(23) 



109,429 



412,558 



197,235 



101,463 



148,138 



56,616 



368,186 



105,197 



60,432 



34,259 



43,324 



58,903 

23,542 

9,437 

6,461 

3,081 

1,651 

1,802 

964 

973 

589 

730 
592 
364 
152 
171 

16 
1 



136,613 
96,602 
65,916 

46,570 
26,604 

12,888 
8,357 
5,412 
3,996 
2,292 

2,633 

1,739 

1,519 

676 

649 

84 



74,099 
34,841 
19,629 
15,061 
11,314 

9,956 
6,011 
4,712 
3,217 
3,832 

4,528 
3,571 
3,554 
1,443 
1,264 

169 
34 



23,8X 

24,727 

18,336 

14,004 

7,957 

3,983 
2,668 
1,006 
1,293 
626 

1,243 
780 
778 
106 
121 



61,676 
27,176 
20,127 
13,422 
9,238 

5,735 
3,589 
1,636 
1,334 
1,005 

1,012 

1,033 

611 

285 

251 



24,724 
10,968 
6,113 
4,371 
1,766 

1,575 

1,377 

1,230 

464 

897 

937 
513 
586 
557 
374 

143 
21 



49,107 
-46,449 
34,910 
29,051 
24,328 

15,176 
10,347 
15,375 
12,228 
9,860 

17,900 
25,624 
27,338 
19,115 
27,303 

3,434 

136 



16,796 

11,605 

9,230 

9,056 

9,858 

6,761 
5,780 
4,413 
4,003 
3,196 

6,529 
6,244 
5,282 
2,831 
3,001 

514 



31,393 

15,709 

6,762 

2,935 

1,152 

706 
162 
288 
450 
35 

35 

106 

141 

35 

13 



9,430 
4,493 
3,144 
2,291 
2,701 

1,800 
1,143 
1,426 
1,200 
1,060 

1,066 

1,190 

1,522 

576 

936 

249 
32 



16,274 
7,292 
4,936 
2,208 
3,115 

1,589 
1,702 
1,012 
736 
1,089 

917 
611 
884 
432 
409 

93 

25 



(24) 



56,367 



23,936 

12,093 
7,451 
4,301 
2,933 

1,083 

1,209 

977 

430 

485 

434 
463 
402 
261 
342 



ACTIVE PARTNKRSHIPS 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 

Table 4.— NUMBER, BUSINESS RECEIPTS, GROSS PROFIT, NET PROFIT, AND NET LOSS, BY INDUSTRIAL GROUP 



11 



Industrial group 



All industrial groups 

Agriculture, forestry, and fishery, total 

Farms 

Agricultural services, hunting, and trapping. 

Forestry 

Fishery 



Mining and quarrying, total 

Metal and coal raining: nonraetallic raining and quarrying. 
Crude petroleum and natural gas production 

Construction, total 

General contractors 

Special trade contractors 

Construction not allocable 



Manufacturing, total 

Beverages 

Food and kindred products 

Textile-mill products 

Apparel and products made from fabrics 

Lumber and wood products, except furniture.. 

Furniture and fixtures 

Printing, publishing, and allied industries. 

Chemicals and allied products 

Leather and leather products 



Aggregate 



partner- 
ships 



Stone , clay, and glass products 

Primary metal industries 

Fabricated metal products, except machinery and transpor- 
tation equipment 

Machinery, except transportation equipment and electrical 

Electrical machinery and equipment 

Transportation equipment 

Other manufacturing industries 



Transportation, communication and other public utilities, 

tota 1 

Trucking and warehousing 

Other transportation 

Communication and other public utilities 

Trade total 



Wholesale, total 

Food. 

Farm products (raw materials) 

Other wholesalers; commission merchants. 

Retail, total 

Food 

General merchandise 

Apparel and accessories 

Furniture and housefurnishings 

Automotive dealers 

Gasoline service stations 

Drug stores 

Eating and drinking places 

Lumber and building materials 

Hardware and farm equipment 

Liquor stores 

Antique stores and secondhand stores.... 

Book and stationery stores 

Sporting goods stores and bicycle shops. 

Florists 

Jewelry stores 

Newsdealers and newsstands 

Other reta i 1 trade 

Trade not allocable 



Finance, insurance, real estate, total 

Security and commodity-exchange brokers and dealers 

Other finance 

Insurance agents, brokers, and services 

Real estate 

Combinations of real estate, Insurance, loans, law offices.. 
Services, total 

Hotels and other lodging places 



Personal services, total 

Laundries , cleaners , and dyers 

Photographic studios, including commercial photography.. 
Barber and beauty shops, including schools for operators. 

Funeral services and crematories 

Other persona 1 services 



Business services, total 

Advertising 

Accounting, auditing, and bookkeeping 

Other business services 

Automobile repair services and garages 

Other repair services 

Amusements, total 

Motion picture theaters 

Other amusements and recreational services. 

Medical and other health services, total 

Physicians, surgeons, oculists 

Dentists and dental surgeons 

Other medical and health services 

Legal services 

Educational services 

Engineering and architectural services 

Other services 



Nature of business not allocable. 



970,627 

148,910 
136,640 

9,106 
603 

2,561 

15,383 
5,718 
9,665 

65,945 

20,769 

43,109 

2,067 

51,870 

902 

4,648 

659 

3,640 

10,620 

1,268 

7,147 

1,877 

634 

2,458 
1,851 

3,666 

4,179 
663 
341 

7,317 



16,873 
12,083 
2,731 
2,059 

331,074 

53,161 
11,043 
3,604 
38,514 

266,006 

49,339 

13,743 

19,620 

17,283 

19,056 

29,851 

9,645 

49,797 

6,193 

14,002 

4,963 

1,688 

1,547 

1,561 

3,318 

3,746 

490 

20,164 

11,907 

170,180 
5,352 
15,254 
13,667 
133,276 
2,631 

155,230 
15,695 

34,L29 
10,448 
2,057 
12,842 
4,408 
4,374 

22,003 
1,379 
7,502 
13,122 
15,900 
11,048 
16,189 
2,567 
13,622 

14,606 
7,220 
1,513 
5,873 

16,416 
1,260 
5,843 
2,141 

15,162 



Business 
receipts 

(Thousand 
dollars) 



C2) 



83,429,698 

4,323,272 

3,426,979 

796,893 

8,859 

90,541 

1,337,111 
624,207 
712,904 

7,535,301 

4,417,784 

3,022,211 

95,306 

8,236,637 
209,006 

1,535,247 
308,227 
965,648 
959,831 
226,403 
704,822 
272,155 
77,495 

511,418 
281,026 

628,103 
466,430 
101,265 
109,206 
830,350 



1,057,162 

724,330 

250,778 

82,054 

47,048,420 

17,245,681 
4,405,171 
2,603,632 

10,236,378 

27,853,899 
6,514,935 
1,366,645 
1,609,780 
1,718,829 
5,052,518 
2,163,374 
1,220,001 
2,445,392 
1,032,553 

1,710,363 

493,216 

62,342 

140,661 

116,123 

144,139 

328,466 

37,821 

1,691,641 

1,948,840 

5,253,289 

1,285,084 

256,421 

662,139 

2,968,582 

81,063 

8,291,883 
630,258 

1,074,060 
521,166 

73,825 
159,738 
249,738 

69,593 

1,367,188 
169,588 
613,573 
584,022 
647,730 
373,447 
650,618 
167,979 
432,639 

1,259,193 
640,503 
92,737 
525,953 
1,354,424 
39,151 
782,554 
113,210 

346,623 



Gross 
profit 

f Thousond 
dollars) 



(3) 



29,645,507 

3,005,854 

2,663,578 

254,385 

4,138 

78,752 

714,125 
335,210 
373,915 

2,149,200 

952,958 

1,165,553 

30,639 

2,573,025 
91,803 

309,206 
59,061 

223,707 

300,673 
66,289 

376^729 
97,335 
19,570 

131,625 
99,249 

221,604 

191,661 

28,325 

27,495 

278,144 



802,940 
573,250 
165,635 
64,055 

9,929,262 

2,708,521 
592 ,972 
192,119 

1,923,430 

6,795,127 
1,167,068 
342,393 
523,130 
553,622 
726,437 
472,854 
386, 167 
1,136,503 
251,124 

358,180 

105,418 

25,012 

48,320 

32,654 

68,847 

128,312 

11,768 

456,318 

425,614 

3,650,345 
737,155 
192,980 
568,821 

2,070,345 
81,045 

6,632,621 
503,366 

732,427 
376,033 

42,358 
143,584 
166,989 

53,463 

1,081,099 
85,292 
505,554 
389,253 
322,612 
207,998 
473,480 
143,491 
329,939 

1,186,341 

631,520 

73,081 

476,740 

1,323,813 

37,602 

609,747 

104,136 

188,133 



Partnerships with net profit 



Number 

of 
partner- 
ships 



(4) 



779,335 

115,229 
105,558 

7,283 
504 

1,384 

9,395 
3,532 
5,363 

58,273 

16,980 
39,540 
1,753 

40,470 

679 

3,665 

595 

2,971 

7,133 

1,139 

6,151 

1,391 

530 

1,658 
1,551 

3,144 

3,791 

544 

5,258 



13,804 
9,793 
2,145 
1,866 

270,139 

44,450 
9,436 
2,548 

32,466 

216,789 
42,729 
11,176 
14,939 
13,579 
13,779 
24,463 
9,035 
40,228 
5,237 

11,107 
4,554 
1,204 
1,332 
1,367 
2,545 
3,290 
393 

15,681 
8,900 

131,063 

3,418 

10,395 

12,753 

101,559 

2,438 

130,052 
10,384 

30, 145 
8,707 
1,573 

11,634 
4,290 
3,391 

18,705 
1,085 
7,019 
10,601 
13,961 
9,837 
9,176 
901 
8,275 

13,787 
7,026 
1,513 
5,248 

15,739 
1,066 
5,061 
2,141 

10,910 



Business 
receipts 

(Thousar,d 
dollars) 



(5) 



71,418,834 

3,568,406 

2,895,232 

602,343 

6,303 

64,528 

1,010,510 
492,548 
517,952 

6,558,026 

3,513,104 

2,366,317 

78,605 

7,159,382 
167,712 

1,344,102 
263,405 
881,137 
618,955 
209,064 
657,045 
254,145 
65,683 

480,436 
259,479 

571,753 
424,660 
92,723 
(M 
786,187 



944,845 
645,141 
228,097 
70,507 

39,654,007 

14,429,962 
3,750,923 
1,839,595 
3,839,439 

23,627,455 
5,835,368 
1,189,931 
1,327,288 
1,500,063 
3,416,022 
1,904,942 
1,195,703 
2,146,555 
932,141 

1,435,835 

475,398 

44,051 

135,075 

114,949 

126,486 

293,276 

33,117 

1,471,249 

1,595,590 

4,505,801 

1,147,617 

238,455 

629,580 

2,410,340 

79,709 

7,730,282 
498,302 

1,027,323 
493,103 

68,959 
151,842 
248,051 

65,868 

1,325,059 
161,138 
6L2,656 
551,255 
551,854 
357,784 
502,045 
115,497 
386,548 

1,217,840 
636,444 
92,737 
488,659 
1,343,537 
37,436 
754,832 
113,210 

237,525 



Gross 
profit 

(Thousand 
dollars) 



(5) 



26,628,690 

2,544,111 

2,272,386 

210,793 

2,707 

57,720 

575,854 
261,193 
314,661 

2,002,562 

866,110 

1,108,817 

27,635 

2,351,491 
77,100 

278,176 
54,671 

203,613 

233,829 
62,978 

356,932 
95,280 
17,489 

175,467 
96,495 

212,681 
181,692 
26,900 

253,005 



717,354 

518,319 

146,427 

52,608 

8,810,936 

2,452,354 

539,176 

149,653 

1,753,535 

5,985,115 
1,071,525 
310,270 
443,243 
484,883 
525,929 
415,949 
379,917 
1,015,003 
222,521 

316,657 
103,681 
13,001 
46,846 
32,390 
61,524 
113,080 
11,348 
411,347 
373,507 

3,211,120 
688,586 
173,206 
549,119 

1,715,518 
79,691 

6,245,993 
398,160 

748,057 
354,237 

39,317 
138,243 
155,863 

50,397 

1,058,494 
82,899 
605,642 
369,953 
282,293 
202,095 
359,101 
104,773 
254,328 

1,153,592 

527,677 

78,081 

447,834 

1,313,099 

35,946 

591,020 

104,136 

169,2191 



Net 
profit 
(Thousand 
dollars) 



(7) 



9,043,197 

770,869 

680,958 

80,589 

927 

8,285 

149,474 
54,397 
95,077 

798,053 

322,221 

459,599 

16,233 

713,943 
13,833 
71,572 
15,829 
57,641 
59,195 
16,073 
96,750 
26,739 
6,446 
42,024 
36,949 

80,946 
71,466 
10,558 
(M 
101,149 



149,899 
98,771 
32,201 
18,927 



738,095 
139,171 
47,715 
551,209 

1,755,940 
317,138 

95,399 
130,414 
130,004 
124,357 
142,193 
134,395 
256,545 

67,579 

99,907 
40,259 

9,347 
14,144 

9,627 
14,406 
31,721 

3,478 
135,967 
103,940 

1,200,725 
133,198 
94,173 
217,516 
657,339 
38,499 

2,575,401 
58,164 

225,728 
71,272 
11,794 
60,257 
62,246 
20,159 

350,451 
22,333 
202,564 
125,554 
104,832 
79,803 
79,700 
14,317 
55,383 

630,486 
382,590 

39,165 
208,731 
777,348 

16,762 
198,654 

43,473 

80,858 



Partnerships with net loss 



partner- 
ships 



(8) 



191,292 

33,681 
31,082 

1,823 

(M 
677 

5,988 
2,186 
3,802 

7,672 

3,739 

3,569 

314 

11,400 

983 
(1) 

669 
3,487 

995 
486 

(M 

800 
300 

522 
338 

(M 

(') 

2,059 



3,069 

2,290 

586 

(M 

50,935 

8,711 
1,607 
1,056 
6,048 

49,217 
6,610 
2,567 
4,681 
3,604 
5,277 
5,388 
609 
9,559 
906 

2,395 
409 
484 

(>) 

(') 
773 
455 

(') 

4,483 

3,007 

39,117 

1,934 

4,359 

914 

31,717 
CM 

25,178 
5,311 

3,984 
1,741 

484 
1,158 
(') 

483 

3,298 
(') 

483 
2,521 
1,939 
1,151 
7,013 
1,566 
5,347 

819 

(M 

625 

677 
(') 
782 



Business 

receipts 

(Thousand 

dollars) 



(9) 



754,866 
531,747 
194,550 
(») 
26,013 

326,601 
131,659 
194,942 

977,275 

804,680 

155,894 

16,701 

1,077,255 

(M 

191,145 

(M 
84,511 

340,875 

{') 
47,776 
18,010 

(1) 
30,982 
21,547 

56,355 

41,770 
(M 
(M 

94,163 

112,317 
78,189 
22,681 
(M 
7,394,413 

2,815,719 
654,243 
764,037 

1,397,439 

4,225,444 
529,617 
175,714 
282,492 
218,761 

1,636,496 

253,432 

24,298 

298,836 

100,412 

274,528 
17,818 
18,291 

(M 

(M 
17,703 
35,190 

(M 

220,392 

352,250 

747,488 
137,467 
17,966 
32,459 
553,242 

(M 

551,601 
131,456 

46,237 

28,063 

4,866 

7,896 

(M 

3,725 
42,129 

(') 

9L2 
32,767 
95,915 
15,663 

148,573 
52,482 
96,091 

41,353 
(') 

37,294 

10,837 
(') 
27,722 



Gross 
profit 
( Thousand 
dollars) 



(10) 



3,015,817 

461,743 
395,692 

43,588 

CM 

21,032 

138,271 
74,017 
64,254 

146,638 

36,848 

55,736 

3,054 

221,535 

CM 

31,030 

CM 

15,094 

66,344 

CM 

19,797 
2,605 

(>) 
6,158 
2,753 

8,923 
9,969 

(M 
CM 

25,139 

85,586 
54,931 
19,208 
CM 
1,118,275 

- 255,157 

53,796 

42,466 

159,395 

810,012 
95,542 
32,123 
79,887 
68,739 

200,508 
56,905 
6,250 

120, 500 
28,603 

41,523 
1,737 
7,011 

(M 

(M 

7,323 
15,732 

CM 

44,971 
52,107 

439,226 
48,559 
14,774 
19,702 

354,827 
(M 

386,628 

105,206 

34,370 
21,796 
3,041 
5,341 
CM 
3,066 

22,605 
CM 

912 
19,300 
40,319 
5,903 
114,379 
38,718 
75,661 

32,749 
CM 

28,906 
10,714 
CM 
18,727 



(Thauaand 
dollars) 



Cil) 



945,841 

176,638 

160,141 

13,694 

CM 

2,695 

94,760 
31,662 
53,098 

11,, rm 

53,645 
10,991 
4,441 

71,372 

CM 

4,959 

CM 

3,862 
28,095 

CM 

3,589 
1,837 
CM 
2,191 
1,118 

8,600 
5,802 

CM 

CM 
6,384 



12,373 
7,302 
3,565 

CM 

265, 100 

86,069 
11,485 
22,695 
51,389 

160,707 
14,528 
14,428 
15,739 
13,155 
31,527 
9,194 
1,108 
19,552 
5,736 

13,186 
493 
3,400 
CM 
CM 
1,273 
3,281 
CM 
13,739 
19,324 

135,054 

10,128 

7,913 

585 

115,459 

CM 

108,087 
28,8CB 

5,930 

4,520 

395 

428 

CM 

150 

8,034 
CM 

758 
6,884 
11,079 
1,095 
44,608 
7,162 
37,446 

4,434 

CM 

3,184 
750 
CM 
2,819 



5,880 



^Included in total but not shown separately because of large sampling variability. 



12 

ACTIVKPARTNKRSHIPS 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



Table 5 . —PARTNERSHIPS WITH NET PROFIT BY SIZE OF BUSINESS RECEIPTS: NUMBER, BUSINESS RECEIPTS, GROSS PROFIT, 

PARTNERSHIPS WITH NET LOSS, ALL INDUSTRIES 



AND NET PROFIT, BY INDUSTRY— 



Size of business receipts 



Business 
receipts 

(Thousand 



Gross 

profit 

f Thousand 

dollars] 



Net 
profit 

(Thousand 
dollars) 



Business 
receipts 

( Thousand 
dollars) 



Qross 

profit 

(Thousand 

dollars) 



Net 
profit 

(Thousand 
dollars) 



Business 
receipts 

f Thousand 
dollars) 



Gross 
profit 

(Thousand 
dollars) 



Net 
profit 
(Thousand 
dollars) 



FAHTNERSHIPS WITH NET PROFIT 



Total. 



Under $20,000 

$20,000 under $50,CXX) 

$50,000 under $200,000 

$200,000 under $500,000 

$500,000 under $1,000,000... 

$1,000,000 under $5,000,000. 

$5,000,000 or more 

Not stated 



Total. 



Under $20,000 

$20,000 under $50,000 

$50,000 under $200,000 

$200,000 under $500,000 

$500,000 under $1,000,000... 

$1,000,000 under $5,000,000. 

$5,000,000 or more 

Not stated 



Total. 



Under $20,000 

$20,000 under $50,000 

$50,000 under $200,000 

$200,000 under $500,000 

$500,000 under $1,000,000... 

$1,000,000 under $5,000,000. 

$5,000,000 or more 

Not stated 



Total. 



Under $20,000 

$20,000 under $50,000 

$50,000 under $200,000 

$200,000 under $500,000 

$500,000 under $1,000,000... 

$1,000,000 under $5,000,000. 

45,000,000 or more 

Not stated 



Total. 



Under $20,000 

$20,000 under $50,000 

$50,000 under $200,000 

$200,000 under $500,000 

$500,000 under $1,000,000 

$1,000,000 under $5,000,000. 

$5,000,000 or more 

Not stated 



Total. 



Under $20,000 

$20,000 under $50,000 

$50,000 under $200,000 

$200,000 under $500,000 

$500,000 under $1,000,000...! 

$1,000,000 under $5,000,000.. 

$5,000,000 or more 

Not stated 



Total . 



Under $20,000 

$20,000 under $50,000 

$50,000 under $200,000 

$200,000 under $500,000 

$500,000 under $1,000,000... 

$1,000,000 under $5,000,000. 

$5,000,000 or more 

Not stated 



All industries^ 



Agriculture, forestry, and fishery 



Mining and quarrying 



779,335 
311,507 
180,800 
202,597 
52,378 
14,970 

6,969 

i36 

9,678 



71,418,884 

2,563,056 

5,952,653 
19,355,340 
15,995,702 
10,227,459 

12,715,098 
4,209,576 



26,628,690 
2,045,560 

3,679,487 
8,927,450 
5,355,585 
2.751,997 

2,839,971 

1,026,266 

2,374 



9,043,197 
929,961 

1,502,548 

3,274,136 

1,595,400 

733,089 

732,123 

222,067 

53,873 



115,229 

71,055 

23,958 

12,422 

1,990 

460 



3,568,406 
571,372 
756,388 

1,106,463 
551,806 
319,935 

200,258 
61,634 



2,544,111 
539,627 
657,668 
344,734 
332,661 
88, 174 

77,332 

3,765 

150 



770,869 
211,785 
203,324 
237,457 
58,029 
20,437 

8,873 

1,130 

24,334 



9,395 

4,920 

369 

2,166 

759 

491 

87 



1,010,510 

35,659 

30,109 

213,909 

215,025 

307,939 

152,944 
54,925 



575,854 
29,675 
22,176 
128,068 
146,536 
155,955 

79,911 
13,533 



149,474 
9,936 
7,522 
38,231 
34,072 
34,482 

22,116 

2,666 

449 



Construction 



Manufacturing 



58,273 

18,725 

16,332 

16,482 

4,371 

1,431 

787 
48 



6,558,026 

139,826 

526,394 

1,554,425 

1,312,720 

953,363 

1,570,693 
450,105 



2,002,562 

124,583 
272,649 
616,328 
379,238 
221,154 

274,243 
113,867 



798,053 

69,067 
134,550 
241,729 
140,252 

83,335 

101,992 

27,272 

56 



40,470 

9,847 
9,265 
13,101 
5,281 
1,782 

1,129 

65 



7,159,382 

94,846 

299,532 

1,320,798 

1,631,984 

1,241,355 

2,034,429 
486,438 



63,910 
166,271 
601,073 
602,441 
332,125 

505,544 
80, 127 



Transportation, communication, and other 
public utilities 



718,943 

29,199 

62,251 

205,486 

175,553 

101,109 

124,857 
20,483 



13,804 

5,404 

3,861 

3,571 

561 

152 

58 



944,845 

56,905 
121,333 
340,282 
176,054 
102,763 

108,520 
38,488 



717,354 

50,166 
110,497 
306,536 
121,633 

61,536 

62,300 
4,036 



149,899 

19,370 
32,087 
61,901 
15,064 
9,572 

10,101 

1,508 

296 



Total trade 



Trade: Retail 



270,139 

45,341 
66,341 
112,205 
32,703 
8,875 

3,951 
239 
434 



39,654,007 

475,322 
2,290,392 
11,420,671 
9,957,664 
6,113,478 

7,050,036 
2,345,444 



8,810,986 

210,189 

336,488 

3,262,392 

2,207,734 

1,106,778 

1,014,603 
172,302 



2,598,975 

91,281 
328,863 
1,085,592 
598,004 
250,815 

203,103 

35,749 

5,563 



44,450 

8,320 
6,563 
13,082 
9,352 
4,312 

2,531 
193 



14,429,962 

78,264 

225,529 

1,433,166 

2,971,806 

3,085,032 

4,699,776 
1,931,389 



46,135 
141,623 
492,844 
604,477 
495,303 

552,386 
119,096 



738,095 

24,383 
58,649 
132,297 
181,711 
129,039 

129,912 

28,548 

3,556 



216,789 

34,799 
58,233 
96,226 
21,702 
4,151 

1,255 

37 
386 



23,627,455 

379,939 
2,013,299 
9,602,420 
6,462,661 
2,749,879 

2,068,257 

351,000 



5,935,115 

155,966 

673,670 

2,674,653 

1,479,385 

544,894 

409,333 

47,214 



61,999 
260,034 
874,249 
382,030 
106,393 

63,860 
6,408 
1,917 



Trade not allocable 



Finance, insurance, and real estate 



Total services 



3,900 

2,222 
1,545 
2,897 
1,649 
412 

165 
9 



17,619 

52,064 

330,085 

523,197 

278,567 

282,003 
63,055 



21,195 
94,895 
123,872 
66,081 

52,884 
6,492 



103,940 

4,899 
10,135 
29,046 
34,213 
15,333 

9,331 
793 

90 



131,063 

93,273 

21,571 

10, 332 

1,698 

733 

456 



560,633 
667,295 
925,062 
536,311 
498,625 

863,373 

449,447 



3,211,120 

547,324 
601,059 
764,082 
349,338 
273,032 

302,490 

371,571 

2,224 



264,255 

296,049 

275,110 

124,122 

76,383 

33,007 
67,394 
14,405 



130,052 

56,330 
36,094 
31,013 
4,923 
1,037 

375 
32 

193 



7,730,282 

533,071 
1,175,512 
2,856,031 
1,487,137 

633,052 

672,234 
323,095 



6,245,993 

447,947 

963,571 

2,329,734 

1,209,253 

511,316 

517,607 
266, 565 



2,575,401 

216,256 
409,115 
1,100,365 
445,792 
156,281 

176,427 
65,860 

5,305 



Services: Hotels and other lodging places 



Services: Personal services 



Services: Business services 



10,384 

4,923 

3,382 

1,641 

291 

132 

13 
2 



498,802 

45,030 
105,771 
131,397 
103,783 

76, 321 

21,463 
15,037 



398, 160 

40,458 
95,368 
103,537 
62,515 
70,766 

14,212 
11,304 



63,164 

11,894 
18,429 
20, 148 
11,015 
3,728 

2,110 
340 



30, 145 

17,535 

8,032 

3,862 

622 

67 



1,027,823 

167,658 
252,375 
355,410 
165,765 
43,467 

43,148 



748,057 

145,986 
197,607 
233,288 
121,958 
25,037 

24,181 



225,728 

71,607 
57,133 
67,529 
20,633 
4,362 

4,409 



13,705 

7,744 

4,390 

5,235 

607 

146 

71 

12 



58,019 
170,292 
506,753 
190,170 
101,286 

125,940 
172,599 



1,058,494 

54,227 
154,209 
416,127 
143,378 

63,957 

73,863 
152,733 



350,451 

26,610 
65,964 
133,561 
44,759 
21,593 

20,436 
37, 523 



Services: Automobile repair 
services and garages 



Services: Other repair services 



Services: Amusements 



13,961 

6,177 

4,924 

2,607 

228 

22 



551,864 

66,200 

161,535 

225,934 

77,970 

15,913 

4,312 



282,293 

43,968 
83,838 
92,457 
50,833 

10,017 

1,125 



104,832 

20,734 

38,825 

35,940 

8,048 

1,107 

178 



9,837 

5,213 

2,300 

1,642 

214 

15 



357,784 

55,694 
32,6ai 
125,912 
77,059 
9,751 

6,764 



202,095 

35,304 
52,289 
63,349 
44,919 
2,677 

3,057 



79,803 

19,798 

27,669 

25,845 

5,099 

1,153 

239 



9,176 

5,812 

1,737 

1,158 

215 

224 

27 



502,045 

49,056 
49,346 

118,593 
63,071 

142,842 

46,922 
27,215 



359,101 

39,744 
37,086 
86,968 
55,753 
75,143 

41,581 
22,826 



79,700 

16,255 

7,401 

27,468 

11,661 

7,343 

7,359 
2,213 



Services: Medical and other health services 



Services: Legal services 



Services: Educational services 



13,787 

2,799 
3,373 
6,373 
1,088 
110 

36 
3 



PARTNERSHIPS WITH NET PROFIT OB i LOSS ; 
Total '....'.... 



30,042 
123,395 
614,708 
295,919 

73,433 

55,396 
24,447 



27,707 
117,929 
593,406 
267,407 

63,801 

50,867 
22,475 



630,486 

14,200 
64,296 
357,632 
141,405 
29,856 

18,243 
4,854 



15,739 

3,663 
4,327 
5,695 

1,063 
136 

102 

5 

193 



37,250 
157,304 
484,111 
324,123 
126,443 

183,334 
31,022 



1,313,099 

36,923 
156,544 
480,600 
313,892 
122,239 

175,453 
27,448 



777,348 

22,237 
96,054 
313,493 
158,303 
69 , 512 

96,874 

15,070 

5,305 



1,066 

482 

290 
290 



1,795 
7,081 
24,539 

2,754 
1,267 



1,749 

6,612 

23,303 

2,754 
1,028 



621 

1,255 

14,264 

392 
230 



Services: Engineering and 
architectural services 



Other services 



Net loss, all industries 



Under $20,000 

$20,000 tinder $50,000 

$50,000 Ul^er $200,000 

$200,000 under $500,000 

$500,000 under $1,000,000... 

$1,000,000 under $5,000,000. 

$5,000,000 or more 

Not stated 



5,061 

869 

1,351 

2,124 

493 

125 

92 



754,832 
7,487 

48,690 
219,877 
156,462 

86,303 

183,238 
52,775 



591,020 
7,452 

46,793 
182,352 
125,427 

66,977 

132,240 
29,779 



198,654 
4,206 
23,625 
85,823 
36,879 
16,417 

26,349 
5,355 



2,141 

1,153 

483 

336 

107 



113,210 
14,340 
17,119 
48,847 
27,865 
4,539 



104,136 
13,929 
15,246 
43,847 
23,166 
2,948 



43,473 
8,094 
8,409 

18,662 

7,490 

818 



191,292 
104,997 
25,673 
25,353 
7,646 
2,525 

1,358 

122 



12,010,814 
608,953 
823,596 
2,458,439 
2,372,049 
1,775,673 

2,733,688 
1,238.416 



3,016,817 
356,832 
397,874 
877,564 
586,580 
317,916 

405,390 
80,160 



945,422 

223,545 
133,391 
212,705 
128,009 
62,533 

91,283 
26,232 



^Includes data for "Nature of business not allocable" not shown separately (see table 4). 
^Loae. 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



13 



ACTIVK PARTNERSHIPS WITH NET PROFIT 



Table 6.— NUMBER. BY SIZE OF NET PROFIT, BY INDUSTRY 



Size of net profit 



All 
industries 



Agriculture, 

forestry, 
and fishery 



Mining and 
quarrying 



Construction 



Manufac- 
turing 



Transporta- 
tion, com- 
munication, 

and other 
public 

utilities 



Trade not 
allocable 



Finance, in- 
surance and 
real estate 



(1) 



(2) 



(3) 



(4) 



(5) 



(6) 



(7) 



(9) 



(11) 



Total 

Under $5,000 

$5,000 under $20,000... 

$20,000 under $50,000.. 
$50,000 under $200,000. 
$200,000 under $500,000 
$500,000 or more 



779,335 



115,229 



9,395 



58,273 



40,470 



13,804 



44,450 



216,789 



8,900 



131,063 



375,997 
301,695 
75,395 
24,301 
1,548 
399 



71,104 

36,851 

6,439 

812 

23 



5,117 

2,754 

741 

693 

76 

14 



20,623 

29,043 

6,173 

2,289 

98 

47 



13,960 

16,633 

7,008 

2,659 

190 

20 



5,960 
6,137 

1,451 
231 
19 



120, 

120; 

25; 



13,963 

19,250 

9,022 

2,114 



102,764 

97,236 

14,927 

1,318 

41 

3 



3,662 

3,779 

1,205 

250 



83,203 

36,192 

8,639 

2,617 

323 

89 



Size of net profit 



Hotels and 
other lodg- 
ing places 



Personal 
services 



Business 
services 



Automobile 

repair 

services 

and 
garages 



Other 

repair 

services 



Medical 
and other 

health 
services 



Legal 
service 



Educa- 
tional 
services 



Engineering 
and archi- 
tectural 
services 



Other 
services 



Nature of 
business 

not 
allocable 



(12) 



(13) 



(14) 



(15) 



(16) 



(17) 



(18) 



(19) 



(20) 



(21) 



(22) 



(24) 



Total 

Under $5,000 

$5,000 under $20,000. . . 
$20,000 under $50,000.. 
$50,000 under $200,000. 
$200,000 under $500,000 
$500,000 or more 



130,052 



10,364 



30,145 



18,705 



13,961 



9,887 



9,176 



13,787 



15,739 



1,066 



5,061 



2,141 



10,910 



48,692 
50,663 
19,208 
10,601 
684 
204 



4,050 

252 

36 



14,031 

14,507 

1A32 

464 

10 

i 



6,706 
7,167 

3,990 
734 
85 



5,988 

7,264 

679 

29 



4,152 

5,332 

392 

10 



6,296 
1,933 

647 

282 

13 

5 



2,029 
3,405 
3,660 
4,473 
196 
24 



1,738 
4,540 
5,839 
3,178 
314 
130 



194 
98 



795 

1,189 

2,015 

985 

57 

20 



291 

1,179 

408 

262 



6,949 

3,157 

582 

217 



14 U. S. BUSINESS TAX RETURNS, JULY 1957-JUNE 1958 

ACTIVE CORPORATIONS 

Table 7.— NUMBER OF RETURNS, BUSINESS RECEIPTS, GROSS PROFIT, NET INCOME, AND DEFICIT, BY INDUSTRIAL GROUP 



Industrial group 



Aggregate 



Number 

of 

returns 



Business 
receipts 

(Thousand 
dollars) 



Gross 
profit 

f Thousand 
Hollars) 



Corporations with net income 



Number 

of 
returns 



Business 

receipts 

(Thousand 

dollars) 



Gross 
profit 

(Thousand 



Net income 

(Thousand 
dollars) 



Corporations without net income 



Number 

of 
returns 



Business 
receipts 

( Thousand 
dollars) 



Gross 
profit 

(Thousand 
dollars) 



( Thousand 
dollars) 



CD 



(2) 



(3) 



(4) 



(5) 



(6) 



(7) 



(8) 



(9) 



ClO) 



Cii) 



All industrial groups 

Agriculture, forestry, and fishery, total 

Farms and agricultural services 

Forestry 

Fishery 

Mining and quarrying, total 

Metal mining 

Anthracite mining 

Bituminous coal and lignite mining 

Crude petroleum and natural gas production 

Nonmetallic mining ani quarrying 

Construction 

Manufacturing, total 

Beverages 

Food and kindred products 

Tobacco manufactures 

Textile-mill products 

Apparel and products made from fabrics 

Lumber and wood products, except furniture 

Furniture and fixtures 

Paper and allied products 

Printing, publishing, and allied industries 

Chemicals and allied products 

Petroleum and coal products 

Rubber products 

Leather and products 

Stone, clay, and glass products 

Primary meta 1 industries 

Fabricated metal products, except ordnance, machin- 
ery, and transportation equipment 

Machinery, except transportation equipment and 
electrical 

Electrical machinery and equipment 

Transportation equipment, except motor vehicles.... 

Ifotor vehicles and equipment, except electrical 

Ordnance and accessories 

Scientific instruments; photographic equipment; 

watches , clocks 

Other manufacturing 

Public utilities, total 

Transportation 

Communication 

Electric and gas utilities 

Other public utilities 

Trade, total 

Wholesale, total 

Commission merchants 

Other wholesalers 

Retail, total 

Food 

General merchandise 

Apparel and accessories 

Furniture and housefurnishings 

Automotive dealers and filling stations 

Drug stores 

Eating and drinking places 

Building materials and hardware 

Other retail trade 

Trade not allocable 

Finance, Insurance, real estate, and lessors of real 
property, total ' 

Finance, total 

Banks and trust companies 

Credit agencies other than banks 

Holding and other investment companies 

Security and commodity-exchange brokers and 
dealers 

Insurance carriers and agents, total 

Insurance carriera 

Insurance agenta and brokers 

Real estate, except leasors of real property other 

than buildings 

Lessors of real property, except buildings 

Services, total 

Hotels and other lodging places 

Personal services 

Business services 

Automotive repair aervicea and garages 

Miscellaneous repair services, hand trades 

Motion pictures 

Amuaement, except motion plcturea 

Other aervicea, including achoola 

Nature of buslneas not allocable 



940,147 

11,833 

10,787 
245 
801 

12,675 
1,503 
222 
1,750 
6,191 
3,009 

53,576 

138,566 

2,948 

11,761 

173 

5,293 

13,114 

6,835 
5,671 
3,353 
16,368 
8,023 
776 

859 
2,617 
5,145 
3,581 

14,097 

14,586 

5,032 

1,701 

1,531 

134 

2,583 
12,385 

37,763 

28,136 

5,688 

1,084 

2,855 

305,117 

103,474 
21,632 
81,842 

178,493 
13,624 
9,463 
22,587 
16,209 

31,219 
7,990 
25,575 
19,821 
32,005 

23,150 



276,935 

65,033 
14,895 
38,497 
9,405 

2,236 

17,396 
3,623 

13,773 



137,471 

7,035 

90,597 

9,906 

15,754 

23,476 

9,094 

5,276 
7,271 
9,521 
10,299 

13,085 



684,883,382 

2,858,156 

2,757,668 

29,933 

70,555 

11,107,662 
2,164,354 
368,692 
2,533,292 
4,535,124 
1,506,200 

26,675,079 

327,539,023 
7,028,706 

40,426,513 
4,198,088 

12,947,194 
9,223,524 

5,645,569 
4,362,253 
10,825,624 

11,075,301 
23,672,015 
35,949,823 

5,595,143 

3,483,263 

8,245,601 

27,494,906 

17,136,776 

27,294,040 

18,507,246 

16,009,054 

25,081,918 

478,867 

5,270,345 
7,587,254 

54,443,332 
27,X3,267 
11,932,992 
14,821,441 
345,632 

229,076,399 

114,234,568 

8,947,138 

105,287,430 

105,010,490 

27,347,592 

20,387,341 

6,882,325 

4,231,369 

25,495,808 
2,469,782 
4,044,133 
6,167,092 
7,985,048 
9,831,341 



15,668,244 

3,518,264 

1,291,165 

1,896,269 

111,095 



9,070,630 
7,991,552 
1,079,078 

3,039,891 
39,459 

17,329,319 
2,083,035 
2,437,381 
5,381,524 
1,089,148 

867,582 
2,337,848 
1,238,259 
1,894,542 

186,168 



184,911,306 

901,514 

872,101 

5,359 

24,054 

4,353,650 

936,400 

71,288 

626,070 

2,105,106 
614,786 

4,264,627 

91,429,350 
3,028,116 
7,959,581 
1,863,646 
2,495,481 
1,918,695 

1,235,318 
1,152,166 
3,268,800 
3,739,440 
9,118,101 
9,697,211 

1,618,910 

714,061 

2,911,871 

8,025,535 

4,576,919 



8,735,895 

5,524,172 

2,838,224 

6,683,254 

136,902 

1,959,345 
2,227,707 

21,033,136 

8,249,770 

5,026,605 

7,562,618 

194,143 

44,886,809 

16,345,286 

1,578,501 

14,766,785 

26,427,142 
5,496,725 

7,106,200 
2,471,114 
1,439,705 

3,462,302 
788,269 
1,941,506 
1,406,057 
2,315,264 

2,114,381 

9,903,615 

3,396,642 

1,288,582 

1,835,074 

94,263 

178,723 

4,435,873 
3,545,573 

890,300 

2,044,089 
27,011 

8,058,959 
1,222,662 
1,187,357 
2,374,425 
572,889 

299,814 
820,424 
674,678 
906,710 

79,646 



6,369 

5,950 

111 

308 

5,785 

280 

106 

816 

2,907 

1,676 

31,961 

87,575 
1,939 
7,375 
105 
3,444 
7,943 

3,764 
3,345 
2,310 
10,936 
5,166 
451 

572 
1,729 
3,388 
2,381 

9,319 

9,079 

3,158 

1,117 

1,022 

101 

1,617 
7,314 

22,989 
17,111 

3,564 
838 

1,476 

139,164 

70,687 
13,668 

57,019 

104,418 
7,847 
6,305 
13,783 
9,362 

17,260 
5,829 
11,439 
12,738 
19,855 

14,059 



177,400 

43,723 

13,872 

22,321 

6,436 

1,094 

12,586 
2,912 
9,674 



116,497 
4,594 

48,872 
5,000 
9,001 

13,649 
5,134 

3,128 
3,113 
4,360 
5,487 

2,821 



595,601,667 

2,269,568 

2,200,705 
28,833 
40,030 

8,899,353 
1,590,406 
241,993 
2,200,791 
3,557,887 
1,308,276 

22,543,436 

295,555,650 
6,052,426 

34,237,691 
4,168,829 

10,938,512 
7,439,835 

4,201,158 
3,649,083 
9,897,751 
9,867,138 
22,633,538 
30,733,736 

5,447,633 

3,059,535 

7,745,859 

26,605,266 

15,422,881 

24,744,140 

17,464,175 

15,723,808 

23,880,598 

345,755 

4,951,687 
6,344,616 

47,044,395 
20,565,301 
11,747,793 
14,412,481 
318,820 

195,078,331 

99,532,721 

7,384,706 

92,148,015 

87,045,244 

25,413,270 

19,367,487 

5,482,172 

3,109,520 

17,435,580 
2,173,717 
2,771,460 
4,981,685 
6,310,353 

8,500,366 



10,344,024 

3,215,606 

1,268,021 

1,660,253 

104,191 

183,141 

4,846,944 

3,962,099 

884,845 

2,249,521 
31,953 

13,769,655 
1,489,956 
1,965,236 
4,648,539 
788,309 

678,950 
1,625,176 

982,029 
1,591,460 

97,255 



164,938,376 

777,899 

758,948 

5,103 

13,848 

3,673,669 

743,684 

53,826 

579,381 

1,739,077 
557,701 

3,733,678 

85,175,236 
2,667,593 
7,173,629 
1,859,343 
2,234,700 
1,582,915 

1,042,422 
1,008,872 
3,073,494 
3,380,100 
8,861,121 
8,399,130 

1,586,959 

652,327 

2,803,965 

7,884,318 

4,204,793 

8,189,150 

5,322,566 

2,793,701 

6,491,108 

116,870 

1,886,981 
1,959,179 

19,069,052 
6,562,853 
4,944,358 
7,380,896 
180,945 

38,797,674 

14,518,801 

1,339,840 

13,173,961 

22,438,476 
5,098,286 
6,808,608 
1,974,932 
1,080,504 

2,487,458 

701,830 

1,327,113 

1,141,973 

1,817,772 

1,840,397 



7,238,022 

3,100,396 

1,265,455 

1,601,367 

88,102 



2,565,733 
1,826,724 

739,009 

1,550,097 
21,796 

6,423,692 

878,901 

958,391 

2,049,799 

410,492 

225,691 
589,829 

535,077 
775,012 

49,454 



136,292 

131,445 

2,501 

2,346 

1,236,520 
355,663 
32,566 
114,188 
671,439 
112,664 

959,340 

24,037,939 
406,970 
1,473,286 
425,864 
573,381 
231,907 

277,915 

243,109 

1,047,066 

879,010 

2,977,550 

1,657,694 

408,383 

147,264 

913,039 

2,563,368 

1,184,007 

2,482,622 

1,485,571 

986,526 

2,707,629 

35,674 

511,937 
405,167 

6,046,503 
1,534,779 
2,007,452 
2,435,576 
68,701 

5,665,343 

2,593,467 

289,400 

2,304,067 

2,311,824 
591,121 

1,115,624 
186, 375 
102,164 

260,773 
79,568 
109,657 
153,796 
212,741 

260,052 



9,373,404 

4,221,857 

2,114,290 

791,662 

1,250,632 

65,273 

3,889,283 
3,782,004 

107,279 



1,163,901 
103,363 

1,034,603 
121,256 
116,423 
333,912 
53,103 

33,512 
135,074 
113,469 
117,859 

13,543 



5,464 

4,337 
134 
493 

6,890 

1,223 

116 

934 

3,234 

1,333 

21,615 

50,991 
1,009 
4,386 
63 
1,349 
5,171 

3,071 
2,326 
1,043 
5,432 
2,857 
325 

287 

888 

1,757 

1,200 



5,507 

1,874 

584 

509 

33 

966 
5,071 

14,774 
11,025 

2,124 
246 

1,379 

115,953 

32,787 

7,964 

24,823 

74,075 
5,777 
3,153 
3,804 
6,847 

13,959 
2,161 

14,136 
7,083 
12,150 

9,091 



99,535 

21,310 
1,023 

16,176 
2,969 

1,142 

4,310 

711 

4,099 



70,974 
2,441 

41,725 
4,906 
6,753 
9,827 
3,960 

2,148 
4,158 
5,161 
4,812 

10,264 



588,588 

556,963 

1,100 

30,525 

2,208,309 
573,948 
126,699 
332,501 
977,237 
197,924 

4,131,643 

31,983,373 
976,280 
6,188,822 
29,259 
2,003,682 
1,733,689 

1,444,411 
713,170 
927,873 
1,208,163 
1,038,477 
5,216,087 

147,510 
423,728 
499,742 
889,640 



2,549,900 

1,043,071 
285,246 

1,201,320 
133,112 

318,658 
1,242,638 

7,398,937 

6,777,966 

135,199 

403,960 

26,812 

33,993,068 

14,701,847 

1,562,432 

13,139,415 

17,965,246 
1,934,322 

1,019,354 
1,400,153 
1,121,349 

3,060,228 
296,065 
1,272,673 
1,135,407 
1,674,695 

1,330,975 



5,324,220 

302,653 

23,144 

236,016 

6,904 



36,594 

4,223,686 

4,029,453 

194,233 

790,370 
7,506 

3,559,664 

593,079 
472,145 
732,985 
300,839 

133,632 
712,672 
256,230 
303,032 

88,913 



19,972,930 

123,615 

113,153 

256 

10,206 

679,931 
192,716 
17,462 
46,689 
366,029 
57,035 

530,949 
6,254,114 
360,523 
785,952 
4,303 
260,781 
335,780 

192,896 
143,294 
195,306 
359,340 
256,980 
1,298,081 

31,951 
61,734 
107,906 
141,217 

372,126 

546,745 

201,606 
44,523 

192,146 
20,032 

72,364 
268,528 

1,964,084 
1,686,917 

32,247 
131,722 

13,193 

6,039,135 

1,826,435 

238,661 

1,537,824 

3,988,666 
398,439 
297,592 
496,182 
359,201 

974,844 
36,439 
614,393 
264,084 
497,492 

273,984 



2,665,593 

296,246 

23,L27 

233,207 

6,161 

33,751 

1,370,140 

1,718,349 

151,291 

493,992 
5,215 

1,635,267 
343,761 
228,466 
324,626 
162,397 

74,123 
230,595 
139,601 
131,698 

30,192 



4,187,533 

71,597 

67,303 

266 

3,523 

338,185 
139,211 
10,017 
25,386 
142,990 
20,531 

220,215 

1,299,891 

23,417 

105,500 

1,086 

109,045 

65,880 

83,140 
35,401 
39,544 
54,670 
70,046 
59,345 

9,607 
16,372 
39,596 
57,939 

97,545 

145,802 

65,859 

22,320 

68,276 

8,862 



35,286 
79,853 

289,186 

234,333 

38,804 

12,390 

3,659 

954,444 

369,854 
46,947 
322,907 

524,747 
40,200 
44,019 
59,405 
43,328 

140,414 
6,835 
53,593 
48,582 
77,866 

59,843 



701,315 

125,399 
17,254 
73,615 
16,204 

13,826 

199,963 

184,027 

15,936 



353,453 

22,000 

295,553 
52,272 
22,5?9 
51,550 
25,297 

11,313 
71,341 
28,173 
3»,523 

17,152 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



15 



ACTIVK CORPOR \TIONS 

Table 8 . —CORPORATION RETURNS BY SIZE OF TOTAL ASSETS: NUMBER, BUSINESS RECEIPTS, GROSS PROFIT, NET INCOME, AND DEFICIT, BY INDUSTRY 



Size of total assets 



RETURNS WITH NET INCOME 

Total 

Dnder $25,000 

$25,000 under $50,000 

$50,000 under $100,000 

$100,000 under $250,000 

$250,000 under $500,000 

$500,000 under $1,000,000 

$1,000,000 under $2,500,000 

$2,500,000 under $5,000,000 

$5,000,000 under $10,000,000... 
$10,000,000 under $25,000,000.. 

$25,000,000 under $50,000,000.. 
$50,000,000 under $100,000,000. 
$100,000,000 under $250,000,000 

$250,000,000 or more 

Not stated 



Total 

Under $25,000 

$25,000 under $50,000 

$50,000 under $100,000 

$100,000 under $250,000 

$250,000 under $500,000 

$500,000 under $1,000,000 

$1,000,000 under $2,500,000 

$2,500,000 under $5,000,000 

$5,000,000 under $10,000,000... 
$10,000,000 under $25,000,000.. 

$25,000,000 under $50,000,000.. 
$50,000,000 under $100,000,000. 
$100,000,000 under $250,000,000 

$250,000,000 or more 

Not stated 



Total 

Under $25,000 

$25,000 under $50,000 

$50,000 under $100,000 

/ $100,000 under $250,000 

$250,000 under $500,000 

$500,000 under $1,000,000 

$1,000,000 under $2,500,000 

$2,500,000 under $5,000,000 

$5,000,000 under $10,000,000... 
$10,000,000 under $25,000,000.. 

$25,000,000 under $50,000,000.. 
$50,000,000 under $100,000,000. 
$100,000,000 under $250,000,000 

$250,000,000 or more 

Not stated 



Business 
receipts 

(Thotjsand 
dollars) 



Gross 
profit 

(Thouaand 
dollars) 



( Thousand 
dollars) 



All industries^ 



572,936 595,601,667 16^,938,376 i8,66i,002 



91,477 
80,122 
104,965 
130,540 
63,324 

33,941 
22,888 
10,191 
6,187 
3,823 

1,433 

768 

573 

433 

22,271 



4,251,680 
6,973,053 
16,196,026 
41,725,151 
42,495,162 

41,723,754 
50,450,245 
34,117,132 
32,590,456 
41,864,876 

29,002,529 

36,664,488 

52,579,087 

161,332,882 

3,635,146 



1,626,130 
2,279,896 
4,722,169 
10,369,627 
9,702,569 

9,226,821 

11,370,647 
7,945,121 
8,370,161 

11,864,066 

8,456,561 
9,885,769 
15,057,029 
53,077,516 
984,294 



193,994 

302,781 

699,807 

1,647,384 

1,625,541 

1,734,568 
2,591,949 
2,129,397 
2,282,397 
3,670,115 

2,539,052 

3,220,273 

5,006,755 

20,693,844 

326,145 



Construction 



31,961 

6,123 
4,954 
6,072 
6,889 
3,417 

1,787 

1,092 

303 

122 

49 

18 
6 
2 



22,543,436 

449,997 

716,045 

1,429,585 

3,256,198 

3,234,633 

2,944,622 
3,387,925 
1,731,336 
1,824,957 
1,222,528 

1,341,400 
395,800 
434,844 



123,044 
177,584 
328,367 
652,601 
559,209 

454,184 
477,296 
217,520 
206,877 
151,365 

181,460 
69,146 
98,348 



959,840 

12,943 

25,600 

49,965 

115,893 

112,174 

107,580 
154,772 
81,371 
71,590 
66,525 

87,273 
35,395 
32,346 

6,413 



189,164 

28,479 
28,370 
38,639 
48,884 
21,954 

10,058 

5,072 

1,424 

605 

315 

89 
39 
31 
15 
5,190 



195,078,331 

1,874,257 
3,884,055 
9,529,286 
25,565,400 
24,620,787 

22,007,803 
22,544,924 
13,410,218 
11,531,679 
12,431,587 

7,019,416 
10,110,604 
10,218,715 
18,888,610 

1,440,990 



38,797,674 

572,075 
1,064,846 
2,325,470 
5,274,687 
4,591,946 

3,879,144 
3,935,047 
2,372,441 
2,116,502 
2,511,964 

1,462,947 
1,329,533 
2,260,769 
4,773,277 
277,006 



48,237 
101,985 
250,817 
594,705 
531,549 

493,713 
586,913 
394,667 
353,564 
445,883 

286,862 
258,508 
387,751 
889,539 
40,650 



Business 
receipts 

(Thousand 
dollars) 



Gross 
profit 

(Thaosand 
dollars) 



(Thousand 
dollars) 



Agriculture, forestry; and fishery 



6,369 2,269,568 



753 

773 

1,185 

1,635 

837 

443 

190 

47 

16 

9 



39,779 

58,483 

138,473 

370,153 

278,964 

237,581 

264,788 

141,420 

95,385 

54,532 

49, 368 



511,576 
29,066 



777,899 

11,743 
21,971 
44,843 
113,146 
84,986 

76,981 
71,652 
41,928 
22,045 
21,101 

18,368 



238,217 
10,918 



186,292 

1,888 

4,508 

8,393 

23,303 

23,241 

21,782 

17,337 

14,261 

5,640 

8,199 

8,145 



46,151 
3,444 



Manufacturing 



87, 575 

9,427 
9,330 
14,076 
20,308 
12,709 

8,274 
6,182 
2,409 
1,350 
1,039 

339 
237 
154 
102 
1,639 



295,555,650 

479,892 
1,078,063 
2,865,189 
8,540,681 
10,936,913 

13,175,868 
20,009,388 
15,382,068 
15,536,871 
24,172,847 

16,453,776 

22,445,419 

33,415,621 

109,663,857 

1,399,197 



85,175,236 

174,916 

356,096 

887,820 

2,367,878 

2,812,725 

3,309,311 
4,999,643 
3,939,713 
4,453,662 
7,295,354 

5,019,026 
6,760,457 
8,930,689 
33,475,307 
392,639 



17,098 

38,236 

112,467 

347,373 

458,749 

651,603 
1,193,037 
1,033,031 
1,246,408 
2,213,642 

1,407,336 

1,926,188 

2,864,567 

10,406,360 

121,844 



Finance, insurance, real estate, and 
lessors of real property 



177,400 

24,744 
24,483 
31,060 
38,344 
18,063 

9,961 
8,326 
5,205 
3,621 
2,114 

837 
400 
280 
223 
9,739 



10,344,024 

ai,344 
216,164 
364,655 
684,908 
562,193 

483,656 
599,608 
407,944 
588,061 
731,789 

698,154 

836,596 

888,309 

2,990,158 

80,485 



109,717 
143,307 
223,995 
440,839 
401,598 

376,679 
512,783 
329,383 
495,461 
561,209 

431,892 

500,795 

600,629 

2,057,292 

52,443 



47, 593 
74,379 
157,277 
341,068 
299,136 

252,365 
345,870 

338, ao 

341,326 
545,634 

354,673 
558,435 

742,077 

4,874,583 

105,778 



Business 
receipts 

(Thousand 
dollars) 



Gross 
profit 

(Thousand 
dollars) 



( Thousand 
dollars) 



Mining and quarrying 



5,785 

735 
581 
652 
1,300 
930 

471 

403 

167 

97 

77 



13 

5 

306 



29,273 
38,988 

77,134 
314,166 
386,267 

385,776 
661,755 
547,494 
607,716 
1,016,615 

723,347 

973,295 

1,331,070 

1,733,610 

72,847 



11,350 
15,487 
38,585 

114,520 
135,459 

127,646 
226,719 
198,517 
224,373 
390,020 

335,033 
393, X9 
480,743 
952,304 
29,104 



1,922 
2,861 
6,643 
20,958 
31,933 

27,693 
53,540 
55,247 
52,766 
110,627 

100,661 
150,095 
152,651 
512,113 
6,755 



Public utilities 



22,989 

5,347 
3,237 
3,721 
4,246 
2,006 

1,338 
821 
373 
241 
164 

92 

63 

84 

87 

1,169 



47,044,395 

177,380 
298,339 
534,439 
955,114 
935,790 

1,222,308 
1,627,513 
1,536,152 
1,436,225 
1,430,844 

2,017,249 

1,666,573 

5,424,080 

27,545,071 

136,808 



93,201 
132,331 
233,796 
426,372 
333,449 

4a, 983 
528,494 
475,746 
467,992 
534,113 

670,345 

721,629 

2,340,073 

11,581,119 

53,409 



6,046,508 

9,806 
13,391 
32,197 
68,603 
63,087 

36,787 
127,785 
134,208 
134,597 
173,834 

211,801 

256,397 

750,105 

3,965,093 

13,312 



48,872 

14,546 
7,380 
9,214 
8,722 
3,299 

1,598 
781 
262 

135 
56 

24 
6 
9 



13,769,655 

975,994 

666,017 

1,235,329 

2,013,043 

1,523,017 

1,262,994 

1,354,339 

959,181 

919,562 

754,134 

699,819 
236,196 
866,443 



6,423,692 

520,649 
358,238 
628,719 
970,428 
721,860 

579,669 
569,013 
369,646 
382,749 
398,940 

337,490 
110,900 
345,758 



1,084,608 

52,006 

39,1TO 

78,373 

132,786 

101,289 

92,075 
111,840 
78,265 
76,506 
105,771 

32,301 
35,255 

77,258 



^Includes data for "Nature of business not allocable," not shown separately (see table 7). 



16 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



ACTIVE CORPORATIONS 

Table 8. —CORPORATION RETURNS BY SIZE OF TOTAL ASSETS: 



NUMBER, BUSINESS RECEIPTS, GROSS PROFIT, NET INCOME, AND DEFICIT, BY INDUSTRY— Concinued 



Size of total assets 



Business 
receipts 

fJTiousant 
dollars. 



Gross 

profit 

{Thousand 

dollars) 



(Thousi 
dolla, 



Business 

receipts 

(Thousand 

dollars) 



Gross 

profit 

(Thousand 

dollars) 



(Thousand 
dollars) 



-Business 

receipts 

( Thousand 

dollars) 



Gross 
profit 

(Thousand 
dollars) 



(Thousand 
dollars) 



All industries 



Agriculture, forestry, and fishery 



Mining and quarrying 



RETURNS WITHOUT NET INCOJE 

Total 

Under $25,000 

$25,000 under $50,000 

$50,000 under $100,000 

$100,000 under $250,000 

$250,000 under $500,000 

$500,000 under $1,000,000 

$1,000,000 under $2,500,000 

$2,500,000 under $5,000,000 

$5,000,000 under. $10,000,000 

$10,000,000 under $25,000,000 

$25,000,000 under $50,000,000 

$50,000,000 under $100,000,000... 
$100,000,000 under $250,000,000.. 

$250,000,000 or more 

Not stated 



Total 

Under $25,000 

$25,000 under $50,000 

$50,000 under $100,000 

$100,000 under $250,000 

$250,000 under $500,000 

$500,000 under $1,000,000 

$1,000,000 under $2,500,000 

$2,500,000 under $5,000,000 

$5,000,000 under $10,000,000... 
$10,000,000 under $25,000,000. . 

$25,000,000 under $50,000,000.. 
$50,000,000 under $100,000,000.. 
$100,000,000 under $250,000,000 

$250,000,000 or more 

Not stated 



Total 

Under $25,000 

$25,000 under $50,000 

$50,000 under $100,000 

$100,000 under $250,000 

$250,000 under $500,000 

$500,000 under $1,000,000 

$1,000,000 under $2,500,000 

$2,500,000 under $5,000,000 

$5,000,000 under $10,000,000 

$10,000,000 under $25,000,000... 

$25,000,000 under $50,000,000... 
$50,000,000 under $100,000,000., 
$100,000,000 under $250,000,000. 

$250,000,000 or more 

Not stated 



367,211 

127,933 
57,514 
53,546 
48,801 
18,950 

9,693 
6,277 
2,424 
1,480 
1,135 

378 

187 

85 

33 

38,770 



21,615 

9,262 
3,779 
2,748 
2,298 
790 

409 
214 



115,953 

41,127 
20,616 
18,932 
15,906 
5,403 

2,176 

901 

195 

107 

23 

15 

2 



89,281,715 

3,962,266 
4,064,346 
6,552,421 
11,597,933 
9,178,127 

7,908,965 
8,134,468 
5,072,058 
4,162,429 
4,264,866 

2,924,966 
3,449,160 
3,451,712 
12,494,110 
2,063,888 



19,972,930 

1,258,163 
1,143,464 
1,547,950 
2,434,661 
1,680,838 

1,468,422 

1,564,143 

1,017,078 

882,425 

952,442 

644,524 

870,688 

1,013,879 

2,934,753 

559,500 



333,318 
269,379 
362,909 
577,758 
415,895 

351,993 
408,645 
216,757 
267, 369 

207,889 

106,799 
139,902 
200,678 
158,893 
169,354 



5,464 

1,327 

687 

1,037 

1,081 

310 

220 

102 

13 

1 

6 



588,588 

33,456 
36,583 
78,606 
147,042 
46,780 

125,796 

64,649 

20,282 

3,847 

10,898 



123,615 

12,188 
10,065 
20,628 
33,824 
11,541 

19,367 

11,319 

2,185 

394 

^4,850 



71,597 

3,771 
3,424 
8,917 
16, 352 
4,554 

11,045 
8,928 
3,886 



6,890 

1,574 

747 

1,128 

1,037 

668 

401 

300 

88 

63 

31 



3 

1 
837 



2,208,309 

19,120 

32,963 

69,937 

160,508 

181,189 

160,578 
228, 320 
152,663 
186,362 
245,615 

56,763 

190,170 

158,173 

99,421 

. 265,527 



679,981 

5,147 
8,225 
17,492 
38,267 
36,782 

39,652 
53,381 
49,264 
5 5,648 
81,313 

9,652 

71,076 

82,635 

30,972 

100,464 



Construction 



Manufacturing 



Public utilities 



4,131,643 

423,135 
385,526 
451,708 
789, 597 
549,382 

439,820 
442,310 
240,798 
164,438 
101,640 

11,834 



530,949 

90,531 
77,965 
79,710 
105,037 
56,836 

35,540 
31,894 
13,564- 
8,972 
6,148 

1,603 



220,215 

30,118 
19,136 
25,900 
38,832 
30,544 

23,159 

20,639 

8,787 

6,396 

5,243 

1,518 



9,943 



50,991 

15,578 
8,014 
7,795 
7,944 
3,481 

1,753 

1,214 

479 

193 

110 

25 

19 

12 

5 

3,369 



31,983,373 

600,735 

675,931 

1,214,494 

2,598,091 

2,380,722 

2,328,076 
3,256,805 
2,412,002 
1,650,337 
2,461,066 

919,979 
1,554,909 
1,742,842 
7,737,231 

440,153 



150,075 
175,596 
233, 748 
547,024 
430,303 

406,362 
554,721 
434,595 
347,811 
442,074 

189,610 

352,614 

327,004 

1,526,909 

75,658 



62,685 

59,243 

85,010 

159,558 

135,664 

114,094 

157,841 

101,539 

98, 857 

32,051 

35,291 
58,412 
51,798 
60,970 
35,858 



14,774 

5,681 
2,033 
1,777 
1,615 
675 

383 
260 
83 



12 

10 

7 

10 

,102 



7,398,937 

160,627 
156,893 
229,927 
380,693 
298,233 

358,925 

459,387 
291,078 
336,203 
234, 311 

234,828 

384,847 

350,798 

3,430,418 

91,764 



1,964,084 

71,015 
65,403 
77,379 
135,055 
83,570 

87,696 

110,523 
67,405 
68,211 
46,081 

51,859 
105,877 

96,740 
854,999 

41,170 



Finance, insurance, real estate, and 
lessors of real property 



33,998,068 

1,993,252 
2,328,481 
3,926,254 
6,818,597 
5,303,540 

4,041,603 
3,200,094 
1,522,125 
1,492,067 
613,708 

1,224,187 

607,935 



6,089,135 

530,805 
579,030 
790,342 
1,238,055 
851,390 

652,715 
516,015 
242,169 
237,993 
92,330 

147,110 
33,410 



172,771 



954,444 

117,657 
96, 578 
133,713 
172,555 
120,087 

35,353 
55,257 
31,621 
46,714 
9,528 

16,531 

9,095 



99,535 

25,660 

14,930 
14,925 
15,056 
6,399 

3,582 
2,910 
1,3a 
1,011 
911 

319 

147 

62 

22 

11,220 



140,000 
34,781 
115,342 
159,698 
124,059 

109,929 
211,243 
194, 617 
210,028 
500,593 

431,975 

588,095 

1,071,156 

1,227,040 

154,653 



75,665 
54,253 
55,331 
87,599 
65,249 

78,048 
154,103 
134,254 
124,863 
255,809 

220,594 
272,685 

496,037 
521,373 
69.220 



701,315 

43,913 
33,161 

43,025 
90,916 
54,942 

53,296 
69,259 
34,092 
56,994 
41,943 

28,978 
31,460 
39,173 
51,010 
29,153 



41,725 

19,716 
5,522 
4,687 
3,485 

1,144 

730 
363 
105 
25 
15 



552,305 
344,924 
459,991 
532,911 
233,177 

339,559 

270,221 
138,493 
109,147 
96,035 

45,399 
123,204 
123,743 



303,043 
162,087 
221,545 
245,638 
144,917 

148,664 

131,352 

73,642 

38, 533 

33,537 

24,096 
30,025 
11,462 



338,185 

6,969 
6,312 
15,541 
31,540 
22,727 

20,494 
35,462 
12,007 
34,940 
21,240 

13,310 
15, 762 
87,059 
449 
12,773 



289,136 

13,348 
9,245 
14,063 
27,723 
19,968 

15,749 
22,958 
12,802 
14,554 
32,755 

8,741 
19,700 
20,783 
45,464 
10, 323 



295,553 

48,943 
38,719 
34,591 
38,054 
26,735 

28,039 
28,270 
12,015 
8,240 
7,111 

2,330 
5,473 
1,365 



Includes data for "Nature of business not allocable, 
^Loss. 



not shown separately (see table 7). 



ACTIVE CORPORAT10^S 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 

Table 9.— NUMBER OF RETURNS, BY SIZE OF NET INCOME OR DEFICIT, BY INDUSTRY 



17 



Size of net income or deficit 

















Finance, in- 
























Nature of 


All 
industries 


Agriculture, 

forestry, 
and fishery 


Mining and 
quarrying 


Construction 


Manufac- 
turing 


Public 
utilities 


Trade 


real estate 

and lessors 

of real 

property 


Services 


business 

not 
allocable 


(1) 


(2) 


(3) 


(4) 


(5) 


(6) 


(7) 


(8) 


(9) 


(10) 


572,936 


6,369 


5,785 


31,961 


87,575 


22,989 


189,164 


177,400 


48,872 


2,821 


280,100 


2,826 


1,984 


14,632 


30,266 


11,367 


94,224 


95,644 


27,082 


2,075 


79,922 


916 


788 


4,138 


10,240 


2,773 


28,257 


25,546 


6,951 


313 


47,906 


589 


487 


2,875 


6,640 


1,880 


16,507 


14,905 


3,889 


134 


33,538 


445 


399 


1,984 


5,380 


1,224 


12,030 


9,323 


2,641 


112 


31,602 


422 


308 


2,245 


5,864 


1,194 


10,738 


8,242 


2,528 


61 


47,975 


695 


719 


3,298 


10,114 


1,813 


15,147 


12,865 


3,252 


72 


22,466 


280 


415 


1,451 


6,457 


911 


6,349 


5,322 


1,254 


27 


15,781 


131 


340 


829 


5,981 


774 


3,769 


3,144 


791 


22 


6,235 


44 


154 


290 


2,791 


401 


1,158 


1,146 


246 


5 


3,160 


12 


79 


131 


1,582 


225 


479 


526 


126 


- 


3,190 


8 


81 


75 


1,708 


262 


424 


538 


94 


- 


487 


_ 


13 


9 


252 


57 


43 


99 


14 


- 


354 


_ 


12 


4 


184 


64 


28 


58 


4 


- 


114 


1 


3 


- 


55 


30 


5 


20 


- 


- 


73 


_ 


2 


_ 


40 


13 


4 


14 


- 


- 


33 


- 


1 


- 


a 


1 


2 


8 


- 


- 


367,ai 


5,464 


5,890 


a, 615 


50,991 


14,774 


115,953 


99,535 


41,725 


10,264 


257,298 


3,203 


3,264 


14,264 


26,675 


10,123 


76,853 


82,014 


31,417 


9,485 


44,541 


811 


934 


3,022 


7,427 


1,916 


17,452 


7,825 


4,802 


352 


20,192 


479 


489 


1,271 


4,097 


802 


7,791 


3,185 


1,892 


186 


11,284 


220 


356 


757 


2,641 


408 


4,077 


1,676 


1,079 


70 


7,135 


164 


287 


460 


1,692 


363 


2,425 


1,106 


564 


74 


14,732 


353 


661 


1,031 


4,041 


563 


4,718 


2,192 


1,113 


60 


6,896 


138 


459 


511 


2,379 


288 


1,756 


859 


474 


32 


3,485 


83 


277 


238 


1,350 


177 


671 


397 


287 


5 


969 


3 


102 


39 


417 


74 


129 


146 


59 


- 


339 


3 


22 


14 


159 


18 


49 


47 


27 


- 


303 


7 


34 


8 


102 


33 


30 


79 


10 


- 


28 


_ 


3 


_ 


6 


9 


2 


7 


1 


- 


9 


_ 


2 


- 




- 


- 


2 


- 


- 



NET INCCME 
Total 

Under $5,000 

$5,000 under $10,000 

$10,000 under $15,000 

$15,000 under $20,000 

$20,000 under $25,000 

$25,000 under $50,000 

$50,000 under $100,000 

$100,000 under $250,000 

$250,000 under $500,000 

$500,000 under $1,000,000 

$1,000,000 under $5,000,000 

$5,000,000 under $10,000,000 

$10,000,000 under $25,000,000 

$25,000,000 under $50,000,000 

$50,000,000 under $100,000,000 

$100,000,000 or more 

DEFICIT 
Total 

Under $5,000 

$5,000 under $10,000 

$10,000 under $15,000 

$15,000 under $20,000 

$20,000 under $25,000 

$25,000 under $50,000 

$50,000 under $100,000 

$100,000 under $250,000 

$250,000 under $500,000 

$500,000 under $1,000,000 

$1,000,000 under $5,000,000 

$5,000,000 under $10,000,000 

$10,000,000 or more 



Returns and Schedules 



Used 



See Sources of the data for 
explanation of items checked on 
the return and schedule forms. 



20 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 
SOLE PROPRIETORSHIP 



SCHEDULE C 
(Form 1040) 



U. S. Treasury Department — Interr\al Rever\ue Service 

PROFIT (OR LOSS) FROM BUSINESS OR PROFESSION 

(For Computotion of Self-Employment Tax, see Page 3) 



1957 



Attach this schedule to your Income Tax Return, Form 1040 — Partnerships, Joint Ventures, Etc. Must File On Form 1065 



For Calendar Year 1957, or other taxable year beginning 



, 1957, and ending 



195 



Name and Address as shown on page 1, Form 1040 



A. Principal business activity: 

(See instructions, page 2) 



(Retail trade, wholesale trade, lawyer, etc.) 



(Principal product or service) 



B. Business name: 



C. Business address: 

(Number and street or rural route) (City or post office) (Slate) 

• IMPORTANT — If you had more than one business, a separate page 1 of Schedule C must be completed for each business. 



1. 
2. 
3. 

4. 

5. 
6. 
7. 
8. 
9. 
10. 

11. 
12. 
13. 
14. 
15. 
16. 
17. 
18. 
19. 
20. 
21. 
22. 
23. 



Total receipts $ , less allowances, rebates, and returns $ i_ 



Inventory at beginning oi year 1$. 

Merchandise purchased $ , less any items withdrawn from 

business for personal use $ — 

Cost of labor (do not include salary paid to yourself) 

Material and supplies 

Other costs (explain in Schedule C-2) 

Total of lines 2 through 6 

Inventory at end of year 

Cost of goods sold (line 7 less line 8) 

Gross profit (line 1 less line 9) 

OTHER BUSINESS DEDUCTIONS 
Salaries and wages not included on line 4 (do not include any paid to yourself) . 

Rent on business property 

Interest on business indebtedness 

Taxes on business and business property 

Losses of business property (attach statement) 

Bad debts arising from sales or services 

Depreciation (explain in Schedule C-1) 

Repairs (explain in Schedule C-2) 

Depletion of mines, oil and gas wells, timber, etc. (attach schedule) 

Amortization (attach statement) 

Other business expenses (explain in Schedule C-2) 

Total of lines 1 1 through 21 

Net profit (or loss) (line 10 less line 22). Enter here: on line 24, page 3: and on line 8, pagel. Form 1 



040. 



]z: 



V" 



Schedule C-l. EXPLANATION OF DEDUCTION FOR DEPRECIATION CLAIMED ON LINE 17 



<ind of property (if buildings, state material 
of which constructed). Exclude land and 
other nondepreciable property 



2. Date 
acquired 



3. Cost 01 
other basis 



4. Depreciation al- 
lowed (or allowable) 
in prior years 



5 Method of com- 
puting depfeciaI:on 



6 Rater;) 
or life (years) 



7. Depreciation 
for this year 





Schedule C-2. EXPtANATION OF LINES 6, 18, AND 21 




Line No, I Explanation 


Amount 


Line No. 


Explanation 


Amount 




$ 






$ — . 











































































U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



21 



SOLE PROPRIETORSHIP 



Page 3 



COMPUTATION OF SELF-EMPLOYMENT TAX 

(For social security) 

(See Instructions — Page 4) 



► Each self-employed person must file a separate schedule. See instructions, page 4, for joint returns and partnerships. 

► If you had wrages of $4,200 or more which were subject to the deduction for social security, do not fill in this page. 

► If you have more than one business, a separate page 1, Schedule C, must be completed for each business. However, only 

one page 3 is to be completed and filed showing the combined net profit or loss froirx such businesses. 



NAME OF SELF-EMPLOYED PERSON (qs shown on social security card) 



STATE EACH BUSINESS ACTIVITY SUBJECT TO SELF-EMPLOYMENT TAX (lor example: Restauranl. Build;:ic3 Conlractor. bul not Parlner or Ow.-ie.-; 



Line 

24, Net profit (or loss) shown on line 23, page 1 (Enter combined amount if more then 
one business) 



25. Add to net profit (or subtract from net loss) losses of business property shown on line 15, 

page 1 

26. Total (or difference) 



27. Net income (or loss) from excluded services or sources included on line 26 

Specify excluded services or sources. _ 

28. Net earnings (or loss) from self-employment — 

(a) From business (line 26 less any amount on line 27) 

(b) From partnerships, joint ventures, etc. (other than farming) 

(c) From service as a minister, member of a religious order, or a Christian Science practitioner 

Enter only if you elect Social Security coverage by filing Form 2031 (See instructions, page 4). 

(d) From farming reported on line 12 or 13, separate Schedule F (Form 1040) 



29. Total net earnings (or loss) from self-employment reported on line 28 

(If line 29 is under $400, you are not subject to self-employment tax. Do not fill in rest of page.) 



30. Maximum amount subject to self -employment tax 

31. Less: Total wages, subject to deduction for social security, paid to you during the 

taxable year. (For wages reported on Form W-2, see "F. I. C. A. Wages" box.) . . . , 

32. Balance (line 30 less line 31) 

33. Self -employment income — line 29 or 32, whichever is smaller 



4,200 GO 



34. Self-employment tax — lake 3ye':( of the amount on line 33. (You can do this by multiplying the amount on 
line 33 by .03375.) Enter this amount here and on line 15, page 1, Form 1040 



IMPORTANT— FILL IN ITEMS BELOW COMPLETELY BUT DO NOT DETACH 



SCBEDULE SE (rorm 1040) 
U. S. Trcaanry Deportment 
Inter AOl Revenue Service 



U. S. REPORT OF SELF-EMPLOYMENT INCOME 

For Crediting to Your Social Security Account 



1957 



Indicate year covered by this return (even though income v/os received only in part oj year): 

J_ D Calendar year 1957 CIj Other taxoble year beginning 1957, ending _ 

If less than 12 months, was short year due to (a) [U Death, or (b) C Change in accounting period, or 
(c) n Other. 



2. 



BUSINESS ACTIVITIES SUBIECT TO SELF-EMPLOYMENT TAX (Grocery Store, Restaurant, etc.) 



3. 



BUSINESS ADDRESS (Number and Street, City or Town, Postal Zone Number, Stale) 



4. 



SOCIAL SECURITY ACCOUNT NUMBEl? 
OF PERSON NAMED IN ITEM S BELOW 



5. 



PRINT OR TYPE NAME OF SELF-EMPLOYED PERSON AS SHOWN ON SOCIAL SECURITY CARD 



PRINT OR TYPE HOME ADDRESS (Number and Street or Rural Route) 



(City or Po3t Oilice, Po«laI Zone Number. Stale) 



PLEASE DO NOT WRITE IN THIS SPACE 



ENTER TOTAL EARN- 
INGS FSOM SELF-EM- 
S. PLOYMENT SHOWN 
ON LINE 29 ABOVE... 


S 








ENTER WAGES. IF 
7. ANY. SHOWN ON 
LINE 31 ABOVE 


$ 




ENTER AMOUNT 
8. SHOWN ON LINE 33 
ABOVE 


$ 





nc6— 16— 72767-8 



22 



U. S. BUSINESS TAX RETURNS, JULY 1957-JUNE 1958 
SOLE PROPRIETORSHIP 



SCHEDULE r 
(Form 1040) 



U. S, Treasury Deportment — Internal Revenue Service 

SCHEDULE OF FARM INCOME AND EXPENSES 

(For computation of Self -Employment Tax, see page 4) 

Attach this schedule to your Income Tax Return, Form 1040 



1957 



For Calendar Year 1957, or other taxable year beginning 



1957, and ending 



, 195 



Name and Address as shown on page 1, Form 1040 



FARM INCOME FOR TAXABLE PERIOD COMPUTED ON THE CASH RECEIPTS AND DISBURSEMENTS METHOD 

(Do not include soles of Uvesiock held for draft, breeding, or doiry purposes; report such soles on Schedule D (Form 1040). 

Report sales of other livestock in coluntn 1 or column 4 below, whichever is applicable) 



l.SALE OF LIVESTOCK RAISED 


2.SALE OF PRODUCE RAISED 


3. OTHER FARM INCOME 


Kind 


Quantity 


Amount 


Kind 


Quantity 


Amount 


Items 


Amount 


Cattle 




$ 


Grain 

Hay 

Cotton 




$ 


Mdse. rec'd for produce 

Machine work 

Breeding fees 


$.. 


















Mules 

Sheep 






Tobacco 

Vegetables 

Fruits and nuts . . . 














Other forest products 

Agricultural program pay- 
ments 










Chirkens 












Turkeys 

Ducks 






Eggs 

Meat products. . . 






Patronage dividends, rebates 
or refunds 














Bees 






Poultry, dressed. . 

Wool 

Honey 

Sirup and sugar. 
Other (specify): 






Other (specify): 




Other (specify): 










































































Total 


$-- - 

1 of summary below) 


Total - - 


$ ._. 


Total 


$. 


( 


Enter on line 


( 


Inter on line 


2 of summary below) 


(Enter on tine 3 of summary below) 



4. SALE OF PURCHASED LIVESTOCK AND OTHER PURCHASED ITEMS 



a. Description 



b. Date acquired c. Gross sales price d. Cost or other basis e. Profit (or loss) 



Total (enter on line 4 of summary belo 




SUMMARY OF INCOME AND DEIIIJCTIONS COMPUTED ON THE CASH^ECEIPTS AND DISBURSEMENTS METHOD 




1. Sale of livestock raised 

2. Sale of produce raised 

3. Other farm income 

4. Profit (or loss) on sale of purchased live- 

stock and other purchased items .... 

5. Gross Profits* 



6. Yar^ expenses (from page 2) . . . 

preciation (from page 3) . . . . 

Other farm deductions (specify): 



Total Deductions . 



10. Net farm profit (or loss) (line 5 minus line 9) to be reported on line 9, page 1, Form 1040. 



* Use this amount for optional method of computinq net earnings from self -employment. (See line 13, page 4.) 



ncO — 16 — 73682-1 



U. S. BUSINESS TAX RETURNS, JULY 1957-JUNE 1958 



2S 



FORM 



1065 



U. S. Treasury D«partliMBl 
Internal RevMiv* SuvUe 



U. S. PARTNERSHIP RETURN OF INCOME 

(To Be Filed Also by Syndicates, Pools, Joint Ventures, Etc.) 

FOR CALENDAR YEAR 1957 
oi other toxobla 
year beginning , 19S7, and ending 



, 195 



PLEASE TYPE OR PRINT PLAINLY 



Name 



Number and Street 



Cit7, town, postal zone number .county, State 



1957 

Do itt write In space below 



\l'S,'l.Ho. CROSS INCOME 

1 . Gross receipts 

2. Less: Returns, allowances, etc 

3. Inventory at beginning of year 

4. Merchandise purchased 

5. Cost of labor (do not include salaries paid to partners) 

6. Material and supplies 

7. Other costs (Attach schedule) 

8. Total of lines 3 through 7 

9. Inventory at end of year 

10. Cost of goods sold Oine 8 less line 9) 

11. Gross profit (line 2 less line 10) 

DEDUCTIONS 

12. Salaries and wages (do not include amounts reported in line S or paid to partners) 

13. Payments to partners — salaries and interest 

14. "Rent 



15. Interest (Schedule E) 

16. Taxes (Schedule G) 

17. Losses by fire, storm, shipwreck, or other casualty or theft (Attach statement) . 

18. Bad debts (Schedule H) 

19. Repairs 



20. Depreciation (Schedule I) 

21. Amortization (Attach schedvile) 

22. Depletion of mines, oil and gas wells, timber, etc. (Attach schedule) 

23. Other deductions authorized by law (Schedule J) 

24. Total deductions (lines 12 through 23) 

25. Net profit (or loss) Cine 1 1 less line 24) 

OTHER INCOME 

26. Net farm profit (or loss) (Schedule F, Form 1040) 

27. Income (or loss) from other partnerships, syndicates, etc. (Attach statement) 

28. Nonqualifying dividends (See Instruction 28) 

29. Interest (fully taxable) 

30. Rents and royalties (Schedule B) 

31. Net gain (or loss) from sale or exchange of property other than capital assets (from line 1 2, Separate Schedule D, Form 1065) , 

32. Other income (Schedule C) 

33. Ordinary income (or loss) (Tctal of lines 25 through 32) 



^ 






7" 



s qL 



34. Net balance (plus items less minus items) of items shown separately in columns 5-14 of Schedule K. 



SIGNATURE AND VERIFICATION 

I declare under the penalties of perjury that this return (including any accon^anying schedules and statements) has been examined by me, and 
to the best of my knowledge and belief is a true, correct, and complete return. 



(Signoture o fpartnar or member) 



(Date) 



I declare under the penalties of perjury that I prepared this return for the person(s) named herein; and that this return (including any accompanying 
schedules and statements) is, to the best of my knowledge and belief, a true, correct, and complete return based on all the information relating to the 
matters required to b© reported In this return of which I have knowledge. 



(Individual or Firm Signature) 



(Addren) 



(Date) 



TabulotecJ as net profit for finance, insurance, real estate. 



24 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



FORM 



V. S. Trecunry DepcutmenI 

Internal Revenue Service 



immi TAX REi 

FOR CALENDAR YEAR 19S7 



or other iojcoble year beginning . 
and ending 



-, 19S7. 
. 195 



PLEASE TYPE OR PRINT PLAINLY 



Name 



Number and streel 



City or town, postal zone number, county. Stale 



19S7 



Do not writ) In space below 



A. Date incorporated 

B. Place incorporated - 

C. Business group code number and principal business activity 
(See page 8 of Instructions) 



D. Did the corporation at any time during the taxable year own 50 
percent or more of the voting stock cf a domestic 
corporation? D Yes □ No 

Did any corporation, individual, partnership, trust, or association at 
any time during the taxable year own 50 percent 
or more of the corporation's voting stock? □ Yes Q No 

If either answer is "Yes," attach separate schedule showing; 

(1) name and address; 

(2) percentage of stock owned; 

(3) date stock was acguired; and 

(4) the District Director's office in which the income tax return of 
such corporation, individual, partnership, trust, or association 
for the last taxable year was filed. 

E> If corporation is a cooperative association, check whether; 

(1) □ farmers' marketing or a farmers' purchasing cooperative 

association, 

(2) n consumers' cooperative association, or 

(3) □ other cooperative association. 

F. Check if taxpayer is a sole proprietorship Q or partnership □ elect- 
ing under section 1361 to be taxed as a corporation. 



0. Did tlie corporation, during the taxable year, have any contracts or 

subcontracts subject to the Renegotiation Act of 

1951? D Yes O No 

If answer is "Yes," state the approximate aggregate 
gross dollar amount billed during the taxable 
year under all such contracts and/or subcontracts. 

(See Insh-uction G-(4)) $ 

H. Did the corporation at any time during the taxable year own di- 
rectly or indirectly any stock of a foreign corpo- 
ration? ._. D Yes D No 

If answer is "Yes," attach statement as required by 
Instruction K. 

1. Enter amount of income (or deficit) from; 

(a) line 32, page 3, Form 1120, 1955 $ 

(b) line 32, page 3, Form 1120, 1956 

y. Is this a consolidated return of an affiliated group 

of corporations? (Soe Instruction 1) □ Yes □ No 

If answer is "Yes," Form 1 122 must be attached for 
each subsidiary. 

IS. Is taxpayer a personal holding company? □ Yes □ No 

!! answer is "Yes," Schedule 1 120 PH must be attached. 
L. Did the corporation moke a relurn of information on Forms 1096 and 
1099 lor the calendar year 1957 in connection with: 

Taxable dividends □ Yes Q No 

Other payments Q Yes Q No 

(See Instruction G-(l).) 
M. Is taxpayer a resident foreign corporation? 

(See Instruction H) D Yes Q No 



FILL IN REMAINDER OF THIS PAGE AFTER COMPLETING PAGES 2 AND 3 



► Enter amounts shown on page 2, if none write "None"; line 1, $_ 



line 4, $. line 15, $. 



COMPUTATION OF TAX DUE OR REFUND 

1. Total income tax (line 50, page 3) 

2. Credits for amounts paid on 1957 income tax; 

A. Tax paid with application for extension of lime in which to file 

B. Payments and credits on 1957 Declaration of Estimated Tax 



3. It tax (line 1) is larger than payments (line 2), the balance is TAX DUE. 
(For installment payments see Instruction D.) 



Enter such balance here- 



4. If payments fline 2) are larger than tax (line 1) Enter the OVERPAYMENT here. 

$. Enter amount of line 4 you want: Credited on 1958 estimated lax. . . . $ 

Refunded $ _ 



SIGNATURE AND VERIFICATION (See Instruction E) 
I declare under the penalties of perjury that this return (including any accompanying schedules and statements) has been examined by me 
and to the best of my knowledge and belief is a true, correct, and complete return. 



(Uolcl 



(Signature of odicer) 



(Tillc) 



CORPORATE 
SEAL 



I declare under the penalties of perjury that I prepared this return for (he laxpayer named herein: and that this return (including any accom 
ponying schedules and statements) is, to the best of my knowledge and belief, a true, correct, and complete return based on all the information 
relating to the matters required to be reported in this return ol which 1 have any knowledge. 



(Dole) 



(Individual or lirm Eignolurp) 



(Address) 



FORM 1120 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



25 



Form 1123-1557 



TAXABLE EKCOME C0r.3PnTAT10N 



Page 2 



Instruction 
and Line No. 



GROSS INCOME 



1. Gross sales (where inventories 

are an income-determining factor) S 



2a Less: Cost of goods sold (Schedule A) . 
3. Gross profit from sales 



Less: Returns and 
: allov/ances 3 



4. Gross receipts (v/here inventories are not an income-determining 
factor) 



V 



Sa Less: Cost of operations (Schedule B) 

6. Gross profit where inventories are not an income-determining factor. 

7. Dividends (Schedule C) 

8. Interest on loans, notes, mortgages, bonds, bank deposits, etc 



9. Interest on corporation bonds, etc 

10. Interest on obligations of the United States, etc.: 

(a) Issued prior to March 1, 1941 — (1) U. S. savings 
bonds and Treasury bonds owned in excess of the 
principal amount of $5,000, and (2) obligations 
of an instrumentality of the U. S 



(b) Obligations issued on or after March 1. 1941, by 
the U. S. or any agency or instrumentality thereof. 



Gross Amount of 
Interest 



Less: Amorti^abte 
Bond Premium 



11. Rents 



12. Royalties '. 

13. Gains and losses (I'rom separate Schedule D): 

(a) Net short-term capital gain reduced by any net long-term capital loss 

(b) Net long-term capital gain reduced by any net short-term capital loss 

(c) Net gain (or loss) from sale or exchange of p.-operty other than capital assets. 

14. Other income (itemize): 



.»/.. 



V" 



^ 



15. 



Total income in lines 3, and 6 to 14, inclusive. 



DEDUCTIONS 
16. Compensation of officers (Schedule E) 



17. Salc;;ies and wages (not deducted elsewhere) 



18. Rents . 



19. Repairs (Do not include cost of improvements or capital expenditures) 

20. Bad debts (Schedule F) 

21. Interest 

22. Taxes (Schedule G) 

23. Contributions or gifts paid (Schedule H) 

24. Losses by fire, storm, shipwreck, or other casualty, or theft (Attach schedule) . 



26 U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 

25. AmorKzaKon iSchedulo I) 

2S. Depreciation (Schedule I) 

27. Depletion ot mines, oil and gas welb, timber, etc. (Attach schedule) 



28. Advertising (Attach schedule) 

29. Amounts contributed under: 

(a) Pension, annuity, stock bonus, or profit-sharing plans (Attach schedule) . 

(b) Other employee benefit plans (Attach schedule) 



30. Other deductions (Schedule K) 

31> Total deductions in lines 16 to 30, inclusive 

32. Taxable income before net operating loss deduction and special deductions. 

33. Less: Net operating loss deduction (Attach schedule) 



34. Tcr.able income before special deductions 

SPECIAL DEDUCTIONS 

35. Deduction for partially tax-ey.empt interest (net amount entered on line 10 (a)). 



36. Dividends-received deductions: 

(a) 65% of column 2, Schedule C 

(b) 62.1 15% of column 3, Schedule C 

(c) 85% of dividends received from certain foreign corporations. 



37. Total dividends-received deductions (sum of lines 36 (a), (b), and (c) but not to exceed 85 
porcsnt of the excess c: line 32 over the sum of lines 35 and 39) (See instructions in case 
of net operating loss) 



38. Deduction for dividends paid on certain preferred stock of public utilities (See instructions 
in case of net operating loss) 



39. Deduction for Western Hemisphere trade corporations (See instructions in case of net oper- 
ating loss) 



.(/.. 



40. Total special deductions 

41. Line 34 less line 40 (Enter income or loss here and on line 42(b)) . 



TAX COMPUTATION FOR CALENDAR YEAR l°S7 AND TAX-IELE YEARS ENDING ON OR BEFORE JUNE 30. 195S 
For other taxable years attach Schedule 1120 FY (See tax computation instructions) 



42. (a) Amount of line 35, $ (b) plus amount of line 41, $ Enter total here -> 

43. If amount of line 42 is: 

(a) Not over $25,0{X)— 

Enter 30 percent of line 42 (32 percent if a consolidated return) 

(b) Over $25,000— " 

Enter 52 percent of line 42 (54 percent if a consolidated return) 

Subtract $5,500, and enter difference 



5,500.00 



44. Adjustment for partially lax-exempt interest. Enter 30 percent of line 35, but not in excess of 30 percent of line 42. 

45. Normal tax and surtax (line 43 less line 44) 



46. Income tax (line 45, or line 20 of separate Schedule D) 

47. Credit allowed a domestic corporation for income taxes paid to a foreign country or United 

Slates possession (submit Form 1 1 1 B) 



48. Balance of income lax (line 46 less line 47) 

49. Tax under section 541 of the Internal Revenue Code (from Schedule 1 120 PH). 

50. Total in co me tax (line 48 plus line 49). Enter here and on line 1. page 1 . 
rerm 1120-1957 io-7jom-i 



Page 3 



U. S. BUSINESS TAX RETURNS, JULY 1957- JUNE 1958 



27 



Form 1120-1957 



Schedule L.— BALANCE SHEETS (See InstrucUons) 



Page 4 



ASSETS 



Cash 

Notes and accounts receivable 

(a) Less: Reserve for bad debts 

Inventories: (a) Other than last-in, first-out 

(b) Last-in, first-out 

Prepaid expenses and supplies 

Investments in governmental obligations: 

(a) Obligations of a State, Territory, or a possession of 
the United States, or any political subdivision of any 
of the foregoing, or of the District of Columbia 



10. 

II. 

12. 
13. 

14. 
15. 

16. 

17. 
18. 

19. 
20. 

21. 
22. 
23. 
24. 



(b) Obligations of the United States and its instrumentali- 
ties ■ ■ 

Mortgage and real estate loans 

Other investments (Attach schedule) 

Buildings and other fixed depreciable assets 

(a) Less: Accumulated amortization and depreciation .... 

Deplete ble assets 

(a) Less: Accumulated depletion 

Land (net of any amortization) 

Intangible assets (amortizable only) 

(a) Less: Accumulated amortization 

Other assets (Attach schedule) 

Total Assets 

LIABILITIES AND CAPITAL 

Accounts payable 

Deposits and withdrawable shares 



Bonds, notes, and mortgages payable (maturing less than 
one year from date of balance sheet) 

Accrued expenses (Attach schedule) 



Bonds, notes, and mortgages payable (maturmg one year 
or more from date of balance sheet) 

Other liabilities (Attach schedule) 

Capital stock: (a) Preferred stock 

(b) Common stock 

Paid-in or capital surplus 

Surplus reserves (Attach schedule) 

Earned surplus and undivided profits 

Total Liabilities and Capital 



Beginning ol Taxatile Year 



Total 



End ol Taxabia Year 



Total 



:^ 



Schedule M.— RECONCILIATION OF TAXABLE INCOME AND ANALYSIS OF EARNED SURPLUS AND UNDIVIDED PROFITS 



1. Earned surplus and undivided 

profits at end of preceding tax- 
able year (Schedule L) 

2. Taxable income before net operat- 

ing loss deduction and special 
deductions (line 32, page 3) 

3. Nontaxable interest on: 

(a) Obligations of a Stale, Terri- 
tory, or a possession of the 
United States, or any political 
subdivision of any of the tore- 
going, or of the District of Co- 
lumbia 

(b) Obligationsof the United States 
issued on or before Sept. 1, 
1917; all postal savings bonds. . 

4. Other nontaxable income (Attach 

schedule) 

5. Charges against surplus reserves 

deducted from income in this re- 
turn (Attach schedule) 



Adiustments for tax purposes not 
recorded on books (Attach sched- 
ule) 



Sundry credits to earned surplus 
(Attach schedule) 



Total of lines 1 to 7. 



13. 



14. 

15. 
16. 
17. 

18. 

19. 
20, 

21. 



Total distributions to stockholders charged to earned 
surplus during the taxable year: 

(a) Cash 

(b) Stock of the corporation 

(c) Other property 

Contributions in excess of 5% limitation 

Federal income and excess profits taxes 

Income taxes of foreign countries or United States posses- 
sions if claimed as a credit in whole or in part on line 47, 
page 3 

Insurance premiums paid on the life of any officer or em- 
ployee where the corporation is direclly or indirectly a 
beneficiary 



Unallowable interest incurred to purchase or carry tax- 
exempt interest obligations 

Excess of capital losses over capital gains 

Additions to surplus reserves (Attach schedule) 

Other unallowable deductions (Attach schedule) 



Adjustments for tax purposes not recorded on books (Attach 
schedule) 



Sundry debits to earned surplus (Attach schedule) . 
Total of lines 9 to 19 



Earned surplus and undivided profits at end of the taxable 
year (Schedule L) (Line 8 less line 20 ol Schedule M) . . . 



ftU. S. GOVERNMENT PRINTING OFFICE; 1960 O -541540 



DOES HOT ClRCDlATt 



s 



TATISTICS OF INCOME 



Publications in Preparation 

v^OrpOrHllOn income Tax Returns with accounting periods ended July 
1957-June 1958 

Summary of income statement and balance sheet items, tax, and distributions 
to stockholders. Classifications by industry, net income size, total assets size, 
and accounting period. Special tables on consolidated returns. Ten-year his- 
torical summary. 

llldl\ idlial Income Tax Returns for 1958, Preliminary 

Adjusted gross income, taxable income, income tax liability, sources of income, 
itemized deductions, exemptions, tax credits, classified by size of adjusted 
gross income. Selected sources of income by States. 

PidllciarV income Tax Returns, Gift Tax Returns, and EstalC 
Tax Returns, filed during 1959 

FIDUCIARY RETURNS: Sources of income, deductions, exemption, and tax. 

Classifications for income of estate or trust (also bank administered trust), by 

size of total income, size of taxable income, types of tax, and States. Historical 

summary 1949-58. 

GIFT TAX RETURNS: Total gifts, exclusions, deductions, specific exemption, 

and tax. Classifications by type of gifts, size of taxable gift and total gifts, 

tax status, identical donors, and consent status. 

ESTATE TAX RETURNS: Gross estate by type of property, deductions, specific 

exemption, tax, and tax credits. Classifications for tax status, size of gross 

estate and net estate before exemption, method of valuation, marital status, age, 

sex, and States. Historical summary 1950-59. 

U. i5. DllSlIlCSS Tax Returns with accounting periods ended July 1958- 

June 1959 

SOLE PROPRIETORSHIPS, PARTNERSHIPS, AND CORPORATIONS 
Business receipts, profits, depreciation, and inventories. Classifications by 
industry, size of profit and of business receipts, and for partnerships and corpo- 
rations, size of total assets. Historical summary for selected years. 

Recent Publications 

Corporation Income Tax Returns with accounting periods ended July 1957-June 

1958, Preliminary (36 pp., 25(f) 
Individual Income Tax Retums-1957 (113 pp., 75$) 
Fiduciary Income Tax Returns for 1956 (48 pp., 40(f) 

Estate and Gift Tax Returns filed during the calendar year 1957 (39 pp., 35(f) 
Partnership Returns for income years ended July 1953-June 1954 (62 pp., 45$) 
Farmers' Cooperative Income Tax Returns for 1953 (42 pp., 40(f) 

Statistics of Income publications are for sale by the Superintendent of Documents, 
U. S. Government Printing Office, Washington 25, D. C.